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� � r relocation (Project #2), as well as the Traffic Impact Fee Credit, for the 0.7 mile dedication of Barber Street Extension (Project-# 1). An 8" sanitary sewer force main owned by the County Utilities Department may have to be relocated to the new 600' right-of-way just west of US 1. The Developer has indicated that once a site plan is proposed for the property, a final determination on the force main relocation can be made. ALTERNATIVES AND ANALYSIS Staff has prepared the attached Tri -Party Agreement and has negotiated the Traffic Impact Fee Credit in an arms length manner. Since Sebastian Highlands is such a large development, the need for a public roadway along Barber Street is significant. The City of Sebastian supports the agreement and has executed it along with the developer. In the agreement, the Developer will dedicate needed right-of-way and roadway improvements to the City, the City will accept for maintenance the right-of-way and improvements, and the County will approve the $549,412.50 District 3 Traffic Impact Fee Credit and relocate the east 600' of the road and force main, if necessary. RECOAUVIENDATIONS AND FUNDING Staff recommends approval of the agreement. Funding shall be by District 3 Traffic Impact Fee Credit for the 0.7 mile right-of-way and improvements and by District 3 funding for the 600' roadway relocation in the amount of $30,000. The County Utilities Department has indicated that relocation of the 8" sanitary sewer force main will cost approximately $20,000. This cost shall be funded by future budgeted funds from the Utilities Department, if necessary. ON MOTION by Commissioner Ginn, SECONDED by Commissioner Tippin, the Board unanimously approved the Agreement between the City of Sebastian, Indian River County, and Nelson C. Hyatt, as recommended by staff. AGREEMENT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD 43RD AVENUE RIGHT-OF-WAY ACQUISITION -ROBERTSON TRUST - H. YONG KIM PARCEL - SE CORNER OF 43RD AVENUE AND SR -60 (OLD UNION 76 GAS STATION SITE) The Board reviewed a Memorandum of January 6, 1997: TO: James E. Chandler, County Administrator FROM: James W. Davis, P.E., DATE: January 6, 1997 Public Works Director SUBJECT: 43rd Avenue Right of Way Acquisition Robertson Trust/H. Yong Kim Parcel Located at the SE Comer of 43`d Avenue/SR60 (Old Union 76 Gas Station Site) DESCRIPTION AND CONDMONS A nofthbound right -tum lane is needed at the 43`d Avenue/SR60 intersection, the design of whish is being included in the 43'd Avenue 54ane widening project between 26'" Street and 8' Street. There exists an 80' wide right of way along 43'd Avenue south of SR60. To accommodate the right tum lane, 10' of additional right of way is needed along the east JANUARY 14, 1997 3 5'1� 11 soon U ME 40