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INDIAN RIVER COUNTY, FLORIDAZ . .. <br /> BOARD MEMORANDUM <br /> TO: Joseph A. Baird, County Administrator CONSENT AGENDA <br /> FROM: Christopher R. Mora, P.E., Public Works Director C,Th--v-.."--- <br /> SUBJECT: <br /> Indian River Medical Center Health and Wellness Center- Developer Agreement <br /> for Developer Contributions to Roadway Improvements on 37th Street <br /> DATE: May 15, 2015 <br /> DESCRIPTION AND CONDITIONS <br /> Indian River Memorial Hospital, Inc. (IRMH) is proposing a new Health&Wellness Center to be built south <br /> of 37th Street near the hospital. In accordance with County Land Development Regulations, IRMH must <br /> build a right-turn lane on eastbound 37th Street at 11th Drive. The cost to construct the right turn lane is <br /> $42,402.80. <br /> The County plans to widen 37th Street in the same area that the right turn lane is to be constructed, and in <br /> approximately the same time frame. It would be mutually beneficial to both the County and the developer <br /> if the two projects were combined and built simultaneously. <br /> The attached developer agreement provides for the developer to pay the County$42,402.80 to build the <br /> right turn lane at the same time that the County widens 37th Street. The payment must be made prior to <br /> site plan release for the Health & Wellness Center project. <br /> FUNDING <br /> The developer's contribution of $42,402.80 will be applied to the construction cost of widening 37th Street. <br /> RECOMMENDATIONS <br /> Staff recommends that the Board of County Commissioners review and approve the attached Indian River <br /> Medical Center Developer Agreement. <br /> ATTACHMENT <br /> Developer Agreement Indian River County Approved Date <br /> Administration f4: 00 f <br /> DISTRIBUTION Budget , ei tig <br /> County Attorney 0 <br /> Jason Brown, Budget Manager <br /> itlgrfilarragement_ <br /> APPROVED AGENDA ITEM Public Works J "-'� S/"K,j <br /> FOR 06-02-15 Traffic Engineering Cjy.� %`y d- <br /> BY ( .1 A • 661,,,c) <br /> ublic Works\Luanne MWgreement Docs\Developer's Agreements\IRMC Health&Wellness Developer <br /> greement BCC 05-15-15.doc 112 <br />