Laserfiche WebLink
D. Developer's Agreement - 58th Avenue Improvements - Hatfield <br />Development Co. <br />The Board reviewed the following memo dated 1/3/96: <br />im <br />FROM: <br />SUBJECT: <br />DATE: <br />James E. Chandler, <br />County Administrator <br />James W. Davis, P.E. <br />Public Works Direct(( <br />Developer's Agreement to Construct One Southbound Right -Turn Lane and <br />Related Improvements Along 58th Avenue <br />January 3, 1996 <br />DESCRIPTION AND CONDITIONS <br />Hatfield Development Company, Inc will be developing a Target Retail Store in the <br />Indian River Square Shopping Center located north of SR60 west of 58th Avenue. <br />the Developer has agreed to construct a Southbound right turn lane and other <br />related improvements along Kings Highway.- The Developer will fund 100% of the <br />cost of the right turn lane and other related improvements. <br />ALTERNATIVES AND ANALYSI <br />The following alternatives are as follows: <br />Alternative No. 1 <br />Approve the Developer's Agreement and authorize the Chairman's <br />signature. No funding will be required by the County. <br />Alternative No. 2 <br />Not approve the agreement. <br />RECOMMENDATIONS AND FUNDING <br />Alternative No. 1 is recommended. The Project will be funded 1000/6 by the <br />Developer. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Bird, the Board unanimously approved <br />the Developer's Agreement with Hatfield Development <br />Co., as recommended by staff. <br />AGREEMENT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />F.'t,� <br />JANUARY 9, 1996 5 BOOK 97 54 <br />L__ I <br />