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2005-395
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2005-395
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Last modified
8/16/2016 1:40:30 PM
Creation date
9/30/2015 9:28:11 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/06/2005
Control Number
2005-395
Agenda Item Number
11.I.6
Entity Name
Lockwood Lane Development Group, LLC
Subject
Turtle Creek Planned Development Developer's Agreement
27th Avenue SW widening improvements
Area
North side 13th St. SW between 43rd Ave. and 27th Ave. Turtle Creek Preserve
Supplemental fields
SmeadsoftID
5302
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4th Street, and the intersection of 27th Avenue at 8th Street necessitated by the <br /> development and the COUNTY has the duty to coordinate the improvements . The <br /> COUNTY agrees to provide the engineering and design of said improvements (as <br /> determined by the Indian River County Public Works Director) to DEVELOPER and <br /> DEVELOPER agrees to construct and pay for said intersection improvements , in <br /> accordance with design plans provided by and approved by Indian River County. Indian <br /> River County shall reimburse DEVELOPER for the costs associated with said <br /> improvements , less DEVELOPER ' S fair share contribution. DEVELOPER ' S fair share <br /> contribution to be determined by the Indian River County Traffic Engineer using the <br /> usual and customary fair share analysis used by Indian River County . Said <br /> improvements , to both intersections , must be completed prior to the issuance of any <br /> building permit for any unit located in the proposed TURTLE CREEK PLANNED <br /> DEVELOPMENT . <br /> 3 . To accommodate increased traffic generated by the TURTLE CREEK PLANNED <br /> DEVELOPMENT, the DEVELOPER is required to fund its fair share of the <br /> improvements (expansion from 2lanes to 4lanes) to 27th Avenue SW from Oslo Road to <br /> 13th Street S . W. necessitated by the development and the COUNTY has the duty to <br /> coordinate improvements to 27th Avenue SW from Oslo Road to 13th Street S . W . The <br /> DEVELOPER agrees to provide the engineering and design of said improvements (as <br /> approved by the Indian River County Public Works Director) and DEVELOPER agrees <br /> to construct and pay for said improvements , in accordance with the approved design and <br /> engineering plans . If and when said the improvement of 27th Avenue SW from Oslo <br /> Road to 13th Street S . W . is added to the County ' s Capital Improvement Plan, <br /> DEVELOPER shall be entitled to reimbursement by COUNTY of the costs associated <br /> with said improvements , less DEVELOPER' S fair share contribution. DEVELOPER ' S <br /> fair share to be determined by the Indian River County Traffic Engineer using the usual <br /> and customary fair share analysis used by Indian River County. Said improvements must <br /> be completed prior to the issuance of the building permit for the 255th unit in the <br /> proposed TURTLE CREEK PLANNED DEVELOPMENT . <br /> 4 . DEVELOPER shall use the competitive bidding process for all work performed under <br /> this agreement . Any bids are subject to the prior approval of the COUNTY Public Works <br /> Director. The Public Works Director reserves final approval of the winning bidder. <br /> 2 <br /> F :\Attorney\Bill\Agreements\Turtle Creek Developers Agreement.doc <br />
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