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• Works by the developer. That agreement may require additional improvements or conditions, and must be approved by the Board of County Commissioners prior to preliminary PD approval for Phase IA. 12. Dedications and Improvements: MARCH 9,1999 School Site: The developer has coordinated with county and school board staff, and has committed to dedicate an elementary school site to the Indian River County School Board with certain conditions. The site is f 15 acres and is located on the north side of 161 Street on the east project boundary. The school site will be cleared and grassed with Phase IA and used for an interim period as a polo field and a community recreation field. The School Board will have a window of opportunity between 2007 and 2014 to commence construction of an elementary school. If the site is not used by the School Board in that window, then it will remain in use for community recreation (e.g. polo, soccer). Prior to issuance of a land development permit for Phase IA, the developer shall enter into a formal agreement with the School Board to secure dedication of the site. Right -Of -Way Dedications: The County's Thoroughfare Plan classifies 161' Street as a collector road requiring up to 90' of right-of-way. Presently, 30' of right-of-way exists for 161 Street. The developer will need to dedicate 30' of right-of-way without compensation to create the local road minimum of 60' for the area within the project boundary. The 30' of additional right-of-way will need to be dedicated prior to the issuance of a land development permit for Phase I. For any right-of-way over 60' acquired by the county, the developer will be compensated. Regarding the timing of Thoroughfare Plan right-of-way dedication and compensation, a developer's agreement will formalize those timeframes. As submitted, the conceptual plan accommodates the full, ultimate 90' of right-of-way, although the amount of right-of-way adjacent to 16th Street will be narrowed -down below 90' due to dedication of rights to convey stormwater run-off into the project. The County's Thoroughfare Plan classifies 74'' Avenue as a minor arterial which requires 100' of right-of-way. Presently, no right-of-way exists for 74" Avenue. The applicant will need to dedicate 60' without compensation to create the local road minimum width of 60'. The 60' will need to be dedicated prior to the issuance of a land development permit for Phase I. The developer will be compensated for any right-of-way over the 60' local road standard. The timing of the dedication and compensation for the thoroughfare plan right-of-way will be formalized in a developer's agreement. The conceptual PD plan accommodates the Thoroughfare Plan ultimate right-of- way for 74v' Avenue. 37 • BOOK 103 FAGt 558