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2006-026
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2006-026
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Last modified
8/4/2016 9:48:13 AM
Creation date
9/30/2015 8:11:04 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
01/24/2006
Control Number
2006-026
Agenda Item Number
11.1.2
Entity Name
Lockwood Lane Development Group, LLC
Subject
Devolpers agreement forTurtle Creek Planned Development
Area
297 acres north side of 13th Street SW
Supplemental fields
SmeadsoftID
4459
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13th Street S.W. to 5th Street S.W. to the Traffic Component/Capital <br />Improvement portion of the Indian River Comprehensive Land Use Plan as part of <br />the January 2006 submittal package directed to the Florida Department of <br />Community Affairs. <br />4. DEVELOPER shall use the competitive bidding process for all work performed <br />under this agreement. Any bids are subject to the prior approval of the COUNTY <br />Public Works Director. The Public Works Director reserves final approval of the <br />winning bidder. <br />5. DEVELOPER understands and agrees that despite the best efforts of the <br />COUNTY, the Department of Community Affairs may not approve the adding of <br />the 27th Avenue improvements, from Oslo Road to 5th Street S.W., to the <br />Comprehensive Land Use Plan. If after COUNTY has exhausted its best efforts, <br />the Department of Community Affairs does not allow these improvements to be <br />added to the Comprehensive Land Use Plan, DEVELOPER shall still be bound by <br />terms of this agreement and acknowledges and agrees that it may not receive fair <br />share compensation from the COUNTY for improvements made to 27th Avenue <br />from Oslo Road to 5th Street S.W. Further DEVELOPER acknowledges and <br />agrees that the expansion of 27th Avenue has been subject of much debate and is <br />currently not included in the COUNTY'S Transportation Capital Improvement <br />Plan. <br />6. DEVELOPER understands and acknowledges that it is building in an area of the <br />County that is growing rapidly and sufficient traffic capacity may not be available <br />for its project even though it is entering into this agreement to make certain <br />roadway improvements. DEVELOPER agrees that it is not entitled to any vesting <br />of traffic concurrency rights for the Turtle Creek project by entering into this <br />agreement. DEVELOPER is fully aware of the changes the COUNTY is making <br />to its concurrency ordinance and recognizes the risks of proceeding with this <br />project. <br />7. DEVELOPER and DEVELOPER'S contractors and subcontractors will maintain <br />the following minimum limits of insurance during the term of this agreement and <br />shall provide evidence of said coverage being in effect by providing the County <br />K <br />
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