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Avenue is not impacted by the development traffic, including construction traffic. In any event, 7411 Avenue must be paved within six months after all right-of-way (R/W) is acquired by the COUNTY or by December 31, 2001, whichever is later. Instead of the COUNTY constructing 7411 Avenue, the DEVELOPER may construct ® 74`1 Avenue between SR60 and 1211 Street after the COUNTY acquires needed right of way, subject to the Public Works Director approving construction costs based O upon competitive bids. Performance Bond, Payment Bond and proper insurance will be required. 0 The estimated cost of the project is $400,000 plus R/W acquisition. The DEVELOPER shall pay the costs of site related turn lanes, if any are needed. The COUNTY shall pay 100%ofthe cost of the project between SR60 and 16" Street. The COUNTY and DEVELOPER shall each pay 50% of the cost of the project between 161h Street and 12t1 Street, with the exception of site related left turn lanes. The DEVELOPER shall dedicate 60' of right of way for 74' Avenue, without compensation, along the project's 74t1 Avenue frontage. The COUNTY shall purchase any additional right-of-way required for 74'1 Avenue from DEVELOPER at fair market value. ($12,000 - $15,000 per acre) The preliminary Planned Development plans for Phase I of the DEVELOPER's project shall include a golf cart path design for the 74i1 Avenue crossing acceptable to the Public Works Director. 3. Prior to the issuance of the first Ceitificate of Occupancy or Certificate of Completion for Phase IA (SR60 entrance, entrance road, one Town Center block, and several residential blocks), the DEVELOPER shall design, obtain permits, and construct 161 Street as a two-lane road, with left turn lanes as needed from 74t1 Avenue to the west property line of Pointe West. As an alternative, DEVELOPER may provide a paved access from SR60 through the project to any building requesting a Certificate of Occupancy prior to Dec. 2001, and manage traffic so that 16i1 Street is not impacted. In any event, the paving of 16t1 Street must be complete by Dec. 31, 2001. Stormwater management for the project shall be routed to the Pointe West project where necessary as approved by the Public Works Director. The COUNTY shall approve all design, permit applications, and contract documents prior to construction. The design from the west property line of West Lake Estates easterly along lots 10, 11, 12, 13, 14, 15, and 16 shall include a culvert within the Indian River Farms Water Control District canal (IRFWCD) per the Districts design rrrniirnni�nta. r__ this 1^.ewt:o, 1 vi1 ."i,rCot shall �C Gviiai[7icicii wiilull UIe existing SU° road right-of-way and the existing 30' canal right-of-way. From the east property line of lot 12, West Lake Estates, the road shall transition northerly to align with the desired location of i611 Street Cast of 74" Avenue. The COUNTY shall not obtain any additional right-of-way from lots 10 through 16, West Lake Estates, but right-of- way shall be acquired from the Developer south of the 1611 Street sublateral canal. A six (6) foot opaque feature (concrete wall) will be constructed along 16i1 Street J adjacent to lots 10 thro„gl? 16 Wept Lake Estates. Cost shall! be aEiNrvJeu by by ttie 2