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by the School District. Funding for the future re -alignment of the C.R. 510 curve and the <br />signalized intersections at C.R. 510/90th Avenue and C.R. 510/87th Street will come from the <br />Florida Department of Transportation and the County Traffic Impact Fees. <br />ATTACHMENTS <br />1. Three (3) copies of memorandum of understanding <br />2. Resolution <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Tippin, the Board unanimously adopted <br />Resolution No. 2001-121 approving a memorandum of <br />understanding with the Vero Lakes Estates Property Owners <br />Association regarding County Road 510 access for the Vero <br />Lakes Estates Subdivision and the proposed North County <br />Elementary School. <br />MEMORANDUM OF UNDERSTANDING IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />Resolution No. 2001 - 121 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, APPROVING A MEMORANDUM OF <br />UNDERSTANDING WITH THE VERO LAKES ESTATES PROPERTY <br />OWNERS ASSOCIATION REGARDING COUNTY ROAD 510 ACCESS FOR <br />THE VERO LAKES ESTATES SUBDIVISION AND THE PROPOSED <br />NORTH COUNTY ELEMENTARY SCHOOL, <br />WHEREAS, Indian River County and the Vero Lakes Estates Property Owners <br />Association are desirous of providing safe access to County Road 510 from Vero Lakes Estates <br />Subdivision and the proposed North County Elementary School; and <br />WHEREAS, the Memorandum ofUnderstanding will establish a timetable for resolving <br />the County Road 510 curve hazard, provide safe access for the proposed North County <br />Elementary School, and provide a future signalized intersection at the main entrance of Vero <br />Lakes Estates Subdivision at County Road 510.; and <br />WHEREAS, Indian River County and the Vero Lakes Estates Property Owners <br />Association wish to execute the Memorandum of Understanding. <br />December 11, 2001 <br />51 <br />h <br />Gil 1 It i, 'j0 <br />