2008-013 - Laserfiche WebLink

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ORDINANCE NO. 2008- 013 Sections 214.02, 214 05 and 214.06 of the Indian River County Code are hereby amended to read as follows: Section 214.02 Definitions. When used in this chapter, the following terms shall have the following meanings unless the context clearly requires otherwise: (a) — (n) no change (o) As used in this article, the term "technical memorandum" shall mean the technical memorandum and any amendments thereto, calculating the State Road 60 Interest Share Fee pursuant to the advance construction agreements incorporated by reference in section 214.04. (p) — (q) no change Section 214.05. Imposition. After the effective date of this chapter, and any amendments thereto the State Road 60 Interest Share Fee shall be imposed on new development occurring within the State Road 60 Radius of Influence within both the unincorporated and municipal areas and shall be collected in the amount imposed, at the time provided and in the manner calculated in section 214.06. Section 214.06. Payment. (a) A State Road 60 Interest Share Fee for each new westbound trip for the segment one improvements and • - • : = : • • : • = :: ! ! = - for each new westbound trip for the segment two improvements is hereby imposed on new development within the State Road 60 Radius of Influence. The amount of the State Road 60 Interest share fee shall be established by resolution of the Board. (b) The. number of new trips to be consumed by each new development of the capacity provided in the segment improvements shall be individually calculated by the director of public works or documented in a new trip generation study performed specifically for new development pursuant to a generally accepted standard traffic engineering methodology approved in advance of the study preparation (c) The total State Road 60 Interest Share Fee to be paid by each new development shall be the number of new Trips so determined multiplied by the charge per new trip for each of the segment improvements as provided in this section individually determined by the director of public 2 Coding Words underscored are additions to text; words in dough format are deletions to text.