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ON MOTION by Commissioner Eggert, <br />SECONDED by Commissioner Adams, the Board <br />unanimously approved Addendum R to Conceptual <br />Approval Agreement with Florida Communities <br />Trust (FCT) and the City of Sebastian, as <br />recommended by staff. <br />AGREEMENT IS ON FILE IN THE OFFICE <br />OF THE CLERK TO THE BOARD <br />7.H. CONSULTANT SELECTION FOR PREPARATION OF I-95/OSLO ROAD <br />INTERCHANGE JUSTIFICATION REPORT <br />The Board reviewed a Memorandum of April 1, 1998: <br />TO: James Chandler <br />County Administrator <br />THROUGH: Robert M. Keating, AICP <br />Community Development Director <br />FROM: Jacob Riger -J fL <br />MPO Staff Planner <br />DATE: April 1, 1998 <br />SUBJECT: REQUEST FOR AUTHORIZATION TO INITIATE CONSULTANT <br />SELECTION FOR THE PREPARATION OF AN I-95/OSL0 ROAD <br />INTERCHANGE JUSTIFICATION REPORT <br />It is requested that the information presented herein be given formal consideration by the Board of <br />County Commissioners at its regular meeting of April 14, 1998. <br />One of the transportation improvements incorporated within the Indian River County Metropolitan <br />Planning Organization's (MPO) 2020 Long Range Transportation Plan is an interchange at I-95 and <br />Oslo Rd (9" St. SW). The interchange is reflected in the plan because of the area's growth potential. <br />In Indian River County as well as elsewhere, constructing an interchange is dependent upon state <br />and federal approval of an Interchange Justification Report (LTR). Before funding and construction <br />may occur, an LTR must adequately justify the need for an interchange. Since state and federal <br />policy is to minimize the number of interchanges on interstate highways, it is generally difficult to <br />prove the need for a new interchange. <br />At its February 10, 1998 meeting, the Board of County Commissioners approved the execution of <br />a Joint Participation Agreement with the Florida Department of Transportation (FDOT) to fimd the <br />preparation of the LTR, but to delay the consultant selection process to allow time for other <br />development proposals that would increase the need and justification for an interchange to emerge <br />in the I-95/Oslo Rd. area. The Board also directed staff not to initiate the consultant selection <br />process without prior authorization from the Board. <br />APRIL 14, 1998 <br />• -14- <br />• <br />