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of that portion of 53rd Street to coordinate with the County's construction of the canal bridge and the portions of 53rd east of the bridge. Based upon bids that DiVosta has received, the cost of this construction will be approximately $2.2 to $2.5 million. (b) Fill for 53rd Street — DiVosta will furnish to the County fill (not to exceed 100,000 cubic yards of fill) for use by the County in the construction of 53rd Street east of the lateral H Canal. The fill will be at no cost to the County, but the County will be responsible for the transportation. At the current price of fill of $2.50 per yard, this is a savings to the County of $250,000. (c) Drainage — The Waterway Village DO contemplates that the drainage of 53rd Street would be accommodated in the drainage system for Waterway Village. The construction of 53rd Street is described in paragraph La. above, and will require that DiVosta dig an approximate 3 -acre lake to receive the drainage from 53rd Street. DiVosta will also install the required piping from the roadway to the lake and furnish required easements to the County. The cost of this work is estimated by DiVosta to be approximately $200,000 without taking into account the land value of the three acres. (2) 58th Avenue (a) DiVosta will, at its own cost and expense, construct 58th Avenue as a 4 -lane roadway between 49th Street and 53rd Street. (b) Said construction will be accomplished when the traffic model of the County determines that the construction is needed because of traffic volumes, the County and DiVosta to agree upon the methodology of any such model. However, in any event and irrespective of modeling, the construction will commence no later than January 1, 2015. (c) DiVosta will receive 100% traffic impact fee credits for all design, engineering and construction costs for these 58th Avenue improvements, in addition to impact fee credits available for other offsite improvements as provided under the DA. (3) DiVosta will prepay all impact fees for 1,596 units in Waterway Village by December 31, 2015 (except for those for which it has received impact fee credits) unless those impact fees are paid earlier at the time of issuance of building permit. 29 July 21, 2009