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2008-242
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2008-242
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Last modified
4/7/2016 1:58:33 PM
Creation date
10/1/2015 12:27:32 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/12/2008
Control Number
2008-242
Agenda Item Number
8.FF
Entity Name
Fellsmere 392,LLC
Subject
Developer Agreement Joint Agreement Improvements on CR 512
Supplemental fields
SmeadsoftID
7509
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access connections and utility stub- outs for Fellsmere 392 as indicated on the conceptual plan <br /> attached as Exhibit ` B , " which shall include all roadway construction including Fellsmere 392 <br /> turn lanes within the right of way, but excluding sidewalks . The Fellsmere 392 driveway <br /> configurations will be designed in accordance with County driveway standards to accommodate <br /> the trip generation volumes specified in the approved traffic impact analysis for Fellsmere 392 . <br /> 3 , In exchange for the mutual promises and conditions of the County, Fellsmere 392 <br /> agrees to : <br /> a . within Thirty (30) days of complete execution of this agreement and release by <br /> Fellsmere 392 ' s lenders of the land to be dedicated as right of way, convey by <br /> warranty deed 4 . 35 acres of property to the County to be used as right-of-way for <br /> the expansion of CR- 512 along the northern edge of the existing CR-512 right- <br /> of-way from the eastern edge of Fellsmere 392 ' s property . A sketch and legal <br /> description of the 4 . 35 acres of land to be conveyed is attached hereto and <br /> incorporated herein by reference as Exhibit "C" ; <br /> b . pay to the County the sum of $ 80 , 000 as its fair and complete share contribution <br /> toward the cost of signalizing 104th Avenue at its intersection with CR- 512 and <br /> c . Pay to the County the sum of $40, 000 as its fair and complete share contribution <br /> towards the cost of signalizing 108th Avenue at its intersection with CR- 512 . The <br /> general configuration of the lanes is depicted on the schematic or conceptual plan <br /> attached hereto as Exhibit ` B . " Required payment for each location shall be <br /> tendered by Fellsmere 392 within 30 days of complete execution of this <br /> agreement, <br /> d . Grant to the County an appropriate perpetual , non-exclusive access easement for <br /> shared access of 104th Avenue extension to allow the County access to its <br /> Page 4 of 10 <br />
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