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2007-025, Imposing a State Road 60 Interest Share Fee to <br />Recover the Interest Loss Incurred Under the Advance <br />Construction of Segment Improvements to State Road 60 <br />Pursuant to Advance Construction Agreements with the <br />Florida Department of Transportation; Providing that New <br />Development Occurring Within the State Road 60 Radius <br />of Influence Shall Pay a State Road 60 Interest Share Fee as <br />a Condition of Development Approval; Approving a <br />Technical Memorandum Calculating the State Road 60 <br />Interest Share Fee based upon the New Trips Provided <br />Within the State Road 60 Radius of Influence as a <br />Consequence of the Construction of Segment <br />Improvements to State Road 60; Defining Certain Terms; <br />and Providing an Effective Date. <br />The Board also approved Resolution 2007-011, Executing <br />Joint Participation Agreement with the Florida Department <br />of Transportation to Advance Construction of the Widening <br />of State Road 60 between I-95 and 66th Avenue. <br />(Clerk's Note: Chairman Wheeler called for a recess at 11:45 a.m. and he reconvened the <br />meeting at 11:55 a.m. with all members present). <br />March 13, 2007 20 <br />