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RESOLUTION ?00 -92010 - and encumbrances to Indian River County as necessary and consistent with the Indian River County Comprehensive Plan. 14. The north/south street identified as 51st Court shall be dedicated to the eountyCounty and remain open street as a public street. External Roadway Improvements 15. As a minimum, the developer shall pay a fair share contribution consistent with the road impact fee ordinance of Indian River County in effect at the time of issuance of building permits. Chapter 380, Florida Statutes, also cFed-i-ted towafd an—in requires that any DRI DO exaction or fee required shall be credited toward an impact fee or exaction imposed by local ordinances for the same need. The applicant, through the PD process, has agreed to dedicate all rights-of-way without compensation, including traffic impact fee credit. TheThese dedications are specified in the PD analysis. Any exaction receiving credit for impact fees must be in accordance with agreements between the developer and Indian River County. Certain areas of the site are subject to Murphy Act Easements. The e&ui+tyCounty shall release its interest in those easements in conjunction with the previously described dedication of the necessary road rights-of-way. 16. No C.O's (certificates of occupancy) for Waterway Village DRI shall be issued until the following roadways have been built in compliance with Indian River County design standards and regulations: 53rd Street from 58th Avenue to the western most project entrance with a westbound left turn lane on 53rd Street at 58th Avenue. 58th Avenue temporary construction entrance, located between 49th Street and 53rd Street, and provide northbound right turn lanes, southbound left turn lanes, and flasher convertible signal. 17. Prior to the issuance of a Land Development Permit for Phase 1, the developer shall obtain countyCounty and Indian River Farms Water Control District release of theirstheir interests in the H-1 canal and adjacent 53rd Street existing right -of way. 18. Prior to the issuance of a certificate of completion for phase 5,Phase 5 or Phase 7, the southern leg of the 43rd Avenue extension, from the northern project entrance on 43rd Avenue to 49th Street, shall be completed as identified on the master development plan. Intersection Improvements 19. No building permits for Waterway .il-lageVillage DRI shall be issued for more than 3-3-7--Elvelling units or after Dec - 31, 2005, whirl -eeeu s later,after January 1, 2011 until either: 1) contracts have been let for the intersection improvements RM: 7375429: 1 6