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B. The two dates specified in paragraphs 3.A.(ii) — (vii) are the dates <br />between which building permits for the development specified in each provision <br />must be pulled in order to maintain the vesting of the applicable dwelling units or <br />nonresidential development. The vesting provided for in paragraphs 3.A.(i) — <br />(vii) shall lapse for dwelling units or nonresidential development for which a <br />building permit has not been pulled before the expiration of the applicable vested <br />period. <br />C. An approved use may be exchanged for any other approved use so <br />long as the exchange of uses does not generate additional net external p.m. peak <br />hour trips. <br />D. The County acknowledges that it has loaded all of the trips from <br />the 1,596 dwelling units, the recreational/clubhouse use, and the school site in <br />Waterway Village onto its road system for concurrency modeling. and those <br />respective uses shall remain vested and reserved for the Waterway Village DRI <br />until the timeframes to pull building permits as set forth in Subsection 3.A. above <br />have expired. <br />E. The Developer acknowledges that Waterway Village is vested only <br />for traffic concurrency and will not be vested for other facilities pursuant to this <br />Agreement or the DRI Development Order. Waterway Village may become <br />vested for all other facilities at any time by the Developer applying for a <br />concurrency certificate under the County's concurrency management system, <br />obtaining approval for such certificate based upon availability of capacity, and <br />paying all other impact fees. <br />4. Intersection Improvements: The County and the Developer desire to <br />address the conditions of the Amended and Restated Development Order relating to <br />intersection improvements as follows: <br />A. The Developer agrees to plan, survey, design, permit, and <br />construct the intersection improvements identified in Exhibit "B" on or before the <br />date or event specified in the Amended and Restated Development Order. Prior <br />to construction, the Developer shall relocate all conflicting utilities. The <br />Developer also agrees to identify needed right-of-way, prepare legal descriptions <br />and parcel sketches, prepare appraisals, negotiate and obtain county approval of <br />purchase prices, and acquire the needed right-of-way. The Developer shall <br />invoice the County for costs of appraisals and for closing costs, including <br />purchase price, and the County shall reimburse the Developer pursuant to <br />paragraph 8 below. If flevelol3€Fthe Developer is unable to acquire the needed <br />right-of-way or if the County disapproves a reimbursable cost, the County agrees <br />to initiate the eminent domain process within thirty (30) days notice by the <br />Developer that the right-of-way could not be acquired through negotiation. The <br />County, through its Public Works Director or his designee, shall have <br />RM: 7375391: 1 <br />49 <br />Page 4 of -1-(-,1 6 <br />