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BOOK GE ,_r <br />regarding the DOT funding stormwater improvements along the west <br />side of US 1. Staff is requesting a Joint Project Agreement with <br />DOT to formalize DOT funding, but an agreement has not yet been <br />executed. <br />At this time, the Hometown Hess project is moving forward. The <br />County staff has requested the developer to extend the right turn <br />lane along US 1 to serve 418C Street. The County staff also would <br />like the developer to construct a drainage pipe along the west side <br />of US 1 to relieve flooding between the FEC Railroad and US 1. The <br />County cost of the left turn lane is $16,558.93 and the County cost <br />of the drainage pipe is $44,182. Engineering costs for both <br />projects is $7,736.62. The County's share of this engineering fee <br />is $5,000. It is anticipated that the Florida DOT will pay for the <br />$44,182 drainage cost, but that is not yet certain. <br />The Developer and staff have prepared a joint project agreement to <br />provide the above funding of the turn lane and drainage work along <br />US 1. <br />Since the developer is installing a site related right turn lane <br />along US 1 to serve the gas station driveway, the County can <br />receive an excellent price for extending the right turn lane south <br />to serve 418C Street. Also, the drainage pipe must be installed <br />prior to the right turn lane being constructed. The alternatives <br />presented are as follows: <br />Alternative No i <br />Approve the attached developer's agreement providing for <br />county funding of the turn lane extension and drainage work. <br />Staff is requesting the DOT to fund the $44,182 cost for <br />drainage pipe along US 1. DOT funding is not guaranteed at <br />this time. The turn lane will be funded by Fund 316-214-541- <br />066.51 - Gifford Road Improvements and the drainage work by <br />315-243-538-040, 1(� Local Option Sales Tax or FDOT. <br />Alternative No <br />Deny approval of the developer's agreement. The developer <br />will proceed with his US 1 right turn lane only to serve his <br />driveway and not extend it to 41st Street. Eliminate US 1 <br />drainage pipe. <br />RECONII+IENI%A'r'TONS A FUMING <br />Staff recommends Alternative No. 1 <br />ATTACFR= <br />Developer's Agreement <br />March 7, 2000 <br />82 <br />