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FF- <br />JUL 21986 <br />-7 BOOK 64 PnE844 <br />Commissioner Lyons found it most irritating to have read in <br />the local newspaper a very adverse editorial on how slowly the <br />County has progressed in the southerly extension of Indian River <br />Boulevard. He pointed out that we have saved the taxpayers over <br />$1.5 million in recent negotiations for right-of-way, and <br />believed staff would continue to do a very fine job in getting <br />the remaining right-of-way needed. <br />TRI -PARTY AGREEMENT - RIGHT-OF-WAY ACQUISITION FROM VISTA GARDENS <br />CONDOMINIUM FOR SOUTHERLY EXTENSION OF INDIAN RIVER BOULEVARD <br />The Board reviewed the following memo dated 6/23/86: <br />TO: The Honorable Members of the DATE: June 23, 1986 FILE: <br />Board of County Commissioners <br />THROUGH: <br />Tommy Thomas, <br />Acting county Administrator SUBJECT: <br />Tri -Party Agreement for <br />Fencing, Drainage Easement, <br />and Right -of -Way <br />.Acquisition Along Vista <br />Gardens Condominium- South <br />Extension of Indian River <br />FROM:James 'James W. Davis, P.E, <br />Public Works Director <br />DESCRIPTION AMID CONDITIONS <br />Staff has met on several occasions with the Board of Directors of the <br />Vista Gardens Property Owners Association and Vista Properties <br />representatives to resolve issues relating to the South Extension of <br />Indian River Boulevard. The attached Tri -Party Agreement has been <br />developed and has been approved by the Vista Gardens Property Owners <br />Association and Vista Properties. The Agreement basically contains the <br />following <br />1) Provides for donation of needed right-of-way to the County by Vista <br />Properties. <br />2) Provides for drainage easement for stormwater overflow through <br />Vista Gardens Condominium <br />3) Provides for construction by the County of a 6' high or 8' high <br />masonry wall along the 1,616 IF west property line of Vista Gardens <br />Condominium. This wall construction will be located in a 15' wide <br />easement on the Vista Gardens property and will cost approximately <br />$71,744 ($42 to $50 per foot) . A variance will be required for this <br />wall. <br />4) Provides for a new 250' long access road to be constructed by the <br />between the existing Vista Gardens access road and Indian <br />River Boulevard located 600' east of US 1. Cost of this road is <br />approximately $10,000. <br />16 <br />M M <br />