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ALTERNATIVES AND ANALYSIS <br />The attached JPA is a standard agreement similar to many agreements <br />the County has executed in the past. The alternatives are as <br />follows: <br />Alternative No. 1 <br />Approve the JPA and authorize the BCC Chairman's signature. <br />Alternative No. 2 <br />Deny approval of the JPA and cancel the project. <br />RECONZYM DATIONS AND FUNDING <br />Staff recommends Alternative No. 1 - approval of the JPA and <br />Resolution. There is no funding impact generated by this project. <br />Five (5) copies of JPA, associated letters & Resolution <br />ON MOTION by Commissioner Eggert, SECONDED BY <br />Commissioner Ginn, the Board unanimously adopted Resolution <br />98-050 authorizing a joint participation in the construction of <br />traffic signal installation at Vista Royale Boulevard & U.S. 1 and <br />median revisions on U.S.1 at 1' Street/Spring Lake Drive and <br />Pine Arbor Lane and approved the Joint Participation <br />Agreement, as recommended in the Memorandum. <br />COPY OF PARTIALLY EXECUTED FLORIDA <br />DEPARTMENT OF TRANSPORTATION JOINT <br />PARTICIPATION AGREEMENT IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />RESOLUTION NO. 98- 50 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMSSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, AUTHORIZING A JOINT <br />PARTICIPATION IN THE CONSTRUCTION OF TRAFFIC SIGNAL <br />INSTALLATION AT VISTA ROYALE BOULEVARD & U.S.1 AND MEDIAN <br />REVISIONS ON U.S.1 AT IST STREET/SPRING LAKE DRIVE AND PINE <br />ARBOR LANE <br />WHEREAS, it is a policy of the State of Florida to construct and make improvements <br />to the state transportation system in a cooperative partnership; and <br />April 28, 1998 <br />76 <br />