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ALTERNATIVES AND ANALYSIS <br />The estimated cost of the paving and drainage improvements is <br />$820,000, excluding estimated right of way acou_sition of <br />$13,000/acre. The estimated cost to the developer is $ 270,000 and <br />County cost is $550,000. Right of Way acquisition costs by the <br />County are $691810. The Alternatives presented are: <br />Alternative <br />No. <br />1 <br />Approve <br />the <br />Developer's <br />Alternative <br />No. <br />2 <br />Deny Approval <br />Agreement. <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends Alternative No. 1 whereby the Developer's <br />Agreement is approved. Funding to be from District 3 Traffic <br />Impact Fees. Most of the costs will be during Phase 3 of the <br />project, which is estimated to be 2-5 years in the future. <br />ATTACHMENT <br />1. Developer's Agreement <br />ON MOTION by Vice Chairman Stanbridge, SECONDED BY <br />Commissioner Adams, the Board unanimously approved <br />Alternative No. 1 (approved the Developer's Agreement with <br />Indeco, Inc.), as recommended in the memorandum. <br />CONTRACT IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />11.H.1. RESOLUTION NO. 2001-122 - SEBAS7 <br />EXPANSION PHASE III -A - RESOLUTION IV - FINAL <br />The Board reviewed a Memorandum of November 30, 200I : <br />DATE: <br />TO: <br />FROM: <br />PREPARED <br />AND STAFFED <br />BY: <br />December 11, 2001 <br />NOVEMBER 30, 2001 <br />JAMES E. CHANDLER, COUNTY ADMINISTRATOR <br />W. ERIK OLSON <br />DIRECTOR OF L <br />.JAMES D. CHA <br />MANAGER 0 <br />DEP ARTMF <br />55 <br />VICES <br />C PROJECTS <br />SERVICES <br />z <br />