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ORDINANCE NO. 2007-011 <br />(1) As used in this article, the term "Segment Improvements" shall mean <br />collectively the Segment One Improvements and the Segment Two Improvements. <br />(m) As used in this article, the term "State Road 60 Interest Share Fee" shall <br />mean the fee calculated on a per new Trip, or fractional new Trip, basis for all New <br />Development occurring within the State Road 60 Radius of Influence imposed in <br />Section 214.06. The County de minimis Trip threshold (8 Trips/2-lane, 15 Trips/4+lane) <br />shall not exempt development from payment of the State Road 60 Interest Share Fee, if <br />any portion of the development falls within the State Road 60 Radius of Influence. <br />(n) As used in this article, the term "State Road 60 Radius of Influence" <br />means that geographic area or areas identified in the Technical Memorandum in which <br />the new Trips needed by New Development are anticipated to consume a portion of the <br />transportation capacity on State Road 60 to be created by the Segment Improvements. <br />(o) As used in this article, the term "Technical Memorandum" shall mean the <br />technical memorandum calculating the State Road 60 Interest Share Fee pursuant to <br />the Advance Construction Agreements incorporated by reference in Section 214.04. <br />(p) As used in this article, the term "Transportation Impact Fee" shall mean <br />the impact fee imposed pursuant to the Indian River County Traffic Facilities and Fair <br />Share Roadway Improvements Ordinance in Chapter 1010 of the County Code. <br />(q) As used in this article, the term "Trip" shall mean a one-way movement of <br />vehicular travel from an origin to a destination. The word Trip shall have the meaning <br />which it has in commonly accepted traffic engineering practices and may also include <br />fractional Trips, or portions of a whole Trip, as necessitated by the County concurrency <br />or building permit application procedure. <br />4 <br />