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r <br />BOOK 96 mjE561 <br />I �.. k - • • M • 1 = � � <br />A Boston Market Restaurant is being considered for development in the City of <br />Vero Beach along US 1 south of 18th Street. The County's Thoroughfare Plan <br />designates US 1 a primary arterial road with an ultimate right-of-way width of <br />120'. Since the existing right-of-way is 80' wide along Boston Market's frontage, <br />an additional 20' of right-of-way is being requested. <br />Boston Market's agent, Scott McGuire is offering to deed the additional 20' of <br />right-of-way to the County along this 138 L.F. section of State Road if a Traffic <br />Impact Fee credit of $16,639.50 is granted by the County. The value of the right- <br />of-way is stated to be $10/SF based upon the recent purchase by Boston Market. <br />No further compensation is requested. The cost per square foot based on the <br />Traffic Impact fee credit would be $6.03/SF. <br />The following alternatives are presented: <br />Alternataive No 1 <br />Approve a Traffic Impact Fee Credit for Boston Market In the amount <br />of $16,639.50 and take title to the 2,760 SF right-of-way parcel for <br />future DOT widening of US 1. <br />Alternative No 2 <br />Request the DOT to fund the acquisition under the State's Advanced <br />Right-of-way Acquisition Program. In speaking with Joe Yesbeck. <br />Director of Planning and Programs for FDOT, District 4, on Oct. 25, <br />1995, the State may be willing to participate, If funding allocation can <br />be justified. <br />Alternative No 3 <br />Deny the light -Of -Way acquisition and allow the site to be developed <br />contrary to the County's Thoroughfare Plan _ right-of-way <br />Requirements. <br />At this time, the State is considering Advanced Right-of-way Acquisition, however, <br />it will take time to resolve funding. Alternative No. 1 is recommended with <br />possible State reimbursement to the County. <br />ON MOTION <br />Commissioner <br />Commissioner <br />by Commissioner Eggert, SECONDED by <br />Adams, the Board (by a 4-0 vote, <br />Tippin being temporarily absent) <br />unanimously approved purchase of the 2,760 right-of- <br />way parcel for future DOT widening of US#1 with a <br />Traffic Impact Fee Credit for Boston Market in the <br />amount of $16,639.50, as recommended by staff. <br />NOVEMBER 7, 1995 <br />48 <br />