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ORDINANCE NO. 2007-011 <br />(e) As used in this article, the term "Concurrency Management System" shall <br />mean the regulations incorporated in the Land Development Regulations of the County, <br />Chapter 910 of the County Code. <br />(f) As used in this article, the term "County" shall mean Indian River County, <br />Florida. <br />(g) As used in this article, the term "Director of Public Works" shall mean the <br />individual designated as the director of public works by the County, or such person's <br />designee. <br />(h) As used in this article, the term "Interest Component" shall mean the loss <br />in interest earnings by the County or costs of borrowing to enable the advance payment <br />of the principal amount required under the Advance Construction Agreement from <br />available County funds. <br />(i) As used in this article, the term "New Development" shall mean projected <br />construction or land improvements required to obtain a concurrency certificate under the <br />Concurrency Management System, or, if not required to obtain a concurrency <br />certificate, required to pay a Transportation Impact Fee. <br />0) As used in this article, the term "Segment One Improvements" shall mean <br />the improvements to that portion of State Road 60 from 66th Avenue to 82nd Avenue <br />which are the subject of an Advance Construction Agreement. <br />(k) As used in this article, the term "Segment Two Improvements" shall mean <br />the improvements to that portion of State Road 60 from 82nd Avenue to 1-95 which are <br />the subject of an Advance Construction Agreement. <br />3 <br />