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` b If I � � ' If e 1 ? nxf § °= s ' �` 1 : . Aef 3 'av "gyro- ds3 $q✓ 'ss ✓1 4 a %u% r »a» ✓H3�r aIf rr Developer : 1 . Engineer , permit , and construct a two - lane paved road along 17th Street SW between 27t " Avenue and 43rd Avenue in two phases . Funding shall be 25 % by Developer / 75 & by County . Total cost is estimated to be $ 400 , 000 . 2 . Engineer , permit , and construct a 3 - lane bridge at 17th Street SW over the 43rd Avenue canal . The developer will pay $ 200 , 000 of the estimated $ 500 , 000 cost . The Developer will receive traffic impact fee credits in exchange for the $ 200 , 000 funding , but can use no more than 30 credits per year until all credits are utilized . 3 . Engineer , design , and construct a left - turn lane along 43rd Avenue SW to serve 17th Street SW , 4 , Donate 30 ' of right - of - way of 17 `" Street SW ( approximately 3 . 64 acres at a value of $ 40 , 873 ) 5 . Construct and provide stormwater treatment for 17th Street SW runoff . COUNTY : 1 . Purchase 4 . 782 acres of 17th Street Right - of - way from developer $ 53 , 754 , less any Murphy Act right - of - way that the County already has encumbered . 2 . Purchase needed right - of - way along 43rd Avenue and 17tr' Street SW east of 27t " Avenue , if necessary . Estimated cost is $ 20 , 000 . 3 . Fund 75 % of cost of 17 " Street SW from 27th Avenue SW to 43rd Avenue SW at a cost of approximately $ 300 , 000 ( county share ) , $ 300 , 000 for bridge over 43rd Avenue canal , and $ 150 , 000 for 43rd Avenue left turn lane onto 17th Street SW . Estimated Developer Cost $ 340 , 873 Estimated County Cost $ 823 , 754 The above cost shall be over several years since the project will be built in phases . ALTERNATIVES AM AN TYRTs The alternatives presented are as follows : i Alterna i rp No 1 Approve the developer ' s agreement and authorize the Chairman ' s signature , Alternative No Renegotiate the agreement , January 23 , 2001 75 PG861 77 71T Ifh u ... .. - . ..