2005-186 - Laserfiche WebLink

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mom DEVELOPER' S AGREEMENT BETWEEN INDIAN RIVER COUNTY, FLORIDA, HARBOR TRADE CENTRE , LLC , AND WAHOO MANAGEMENT, INC . FOR 45TH STREET IMPROVEMENTS THIS AGREEMENT, entered this 24th day of _ May , 2005 , by and between INDIAN RIVER COUNTY, FLORIDA a political subdivision of the State of Florida, 1840 25th Street, Vero Beach, Florida, 32960 hereafter called COUNTY, HARBOR TRADE CENTRE, LLC , 900 21st Street, Vero Beach, FL 32960 , 772 - 569 -3799 AND AHOO MANAGEMENT, INC . , 5155 N. AIA, Apt . C311 , Ft. Pierce, Fl . 34949 , herea er referred to as the DEVELOPERS . WITNESSETH WHEREAS , the DEVELOPERS have applied to build commercial developments in Indian River County, Florida, as follows : Harbor Trade Centre, LLC to be known as Harbor Trade Center Project Number 99120042 on the south side of 45th Street, east of US 1 and Wahoo Management, Inc . to be known as Wahoo Retail, Project Number 001060232 on the north side of 45th Street, east of US 1 . The legal description of each development is attached as Exhibit "A" and incorporated herein by reference ; and WHEREAS , the COUNTY and DEVELOPERS share mutual concerns w th respect to roadway and drainage improvements to 45th Street and acquisition of additional 45 th Street right- of-way; WHEREAS , the COUNTY has requested to purchase 1 ,405 square feet o property from of Harbor Trade Center, LLC to provide continuous right of way width on 45th Street; the sketch and legal description of which is attached as Exhibit ` B " and incorporated herein by reference ; and WHEREAS , both the COUNTY and DEVELOPERS can mutually benefit through a joint effort that will provide for design, engineering and construction of improverr ents to 45th Street including left turn lanes, an east bound right turn lane into Harbor Trade Center (not required by Land Development Regulations) , continuous three (3 ) lane width of 45t" Street 1