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2005-185
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2005-185
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Last modified
7/20/2016 1:28:03 PM
Creation date
9/30/2015 8:48:35 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/24/2005
Control Number
2005-185
Agenda Item Number
11.I.5
Entity Name
Vero Enterprises, LLC
Subject
Developer's Agreement Echo Lake
Area
43rd Ave. north of 21st. SW
Project Number
PD-04-0303
Supplemental fields
SmeadsoftID
4964
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21St Street SW is 30 feet. In order to achieve the ultimate right-of-way goal <br /> DEVELOPER shall dedicate to COUNTY, without compensation, 50 feet of property to <br /> be used as right-of-way along the site' s entire 21 " Street SW frontage as sh wn on <br /> Exhibit A attached and incorporated by reference herein. Said dedication sh all occur by <br /> the final plat recordation of Phase I of Echo Lake. <br /> 4. Prior to issuance of a certificate of completion for phase two of Echo Lake, he north- <br /> south local roadway segment (35th Avenue SW) between 21St Street SW and 17th Street <br /> SW will need to be constructed and dedicated to the county. Construction o F the segment <br /> located south of 21St Street SW will be tied to the Madera Isles project and tl ie Millstone <br /> Landing project . <br /> 5 . Findings from the traffic impact analysis show that traffic from this project ll cause <br /> 2. 19 % of the impact to the SR 60/43rd Avenue intersection. Currently, the SR 60/43' <br /> Avenue intersection is over capacity and being programmed for improverner its . County <br /> staff estimates that the needed improvements will cost approximately S7 ,000,000 (seven <br /> million dollars). Given the 2. 19% impact on the intersection by this project, the applicant <br /> will be required to contribute $ 153,300 (one hundred fifty three thousand three hundred <br /> dollars) representing its fair share for the cost of the future improvements. ]DEVELOPER <br /> shall pay one half of this amount upon execution of this agreement and one h alf prior to <br /> issuance of the land development permit. <br /> 6. Insurance and Indemnification: During the performance of any construction covered by <br /> Us Agreement, the DEVELOPER shall provide the COUNTY with evidence that the <br /> DEVELOPER' S Contractor has obtained the insurance listed in the Agreement , <br /> A. DEVELOPER' S Contractor shall procure and maintain for the duration of all <br /> construction contracts, insurance against claims for injuries to persons or damages to <br /> property, which may arise from or in connection with the performance of the work <br /> hereunder by the DEVELOPER, his agents, representatives, employees o sub- <br /> contractors. <br /> B . Minimum Scope of Insurance : <br /> i. Worker' s Compensation as required by the State of Florida. Employers <br /> Liability of $ 100,000 each accident, $ 500,000 disease policy limit, and <br /> $ 100,000 disease each employee. <br /> ii . General Liability $ 1 , 000,000 combined single limit per accident for bodily <br /> 4 <br /> F.Tublic Woft\KimPlAgreemmt Docs\Developees Agreements\Echo Lake-Dev Agr.doc <br />
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