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contribution toward construction of the traffic signal on CR 512 and the PROJECT entrance. 3 . The COUNTY shall be responsible for the construction of the traffic signal on CR 512 at the PROJECT entrance. In the event that the COUNTY does not construct the traffic signal as set forth in this Agreement, the COUNTY shall reimburse the amount paid by the DEVELOPER for such improvement in the event that the COUNTY has not commenced with the construction of the traffic signal within five (5 ) years after the Effective Date of this Agreement. 4. After the new traffic signal has been installed by the COUNTY and activated in either a flashing or stop-and-go (red-yellow-green) mode, the COUNTY shall be responsible for performing all signal-related engineering, operation and maintenance activities. The DEVELOPER shall be responsible for funding all signal-related engineering, operation, maintenance and electricity costs, in perpetuity, including electric account start-up fees . Once each month after signal activation to either a flashing or stop-and-go (red-yellow- green) mode, the COUNTY shall prepare an invoice for payment by the DEVELOPER, which the DEVELOPER shall pay within 30 days . 5 . All decisions regarding signal design, engineering, activation, timing, operation and maintenance shall be made by the COUNTY. 6. Prior to the issuance of the first Certificate of Occupancy for this Project, The DEVELOPER shall plan, design, obtain permits for and construct an east bound left turn lane on CR512 at the Project entrance and a west bound right turn lane on CR512 at the Project entrance in accordance with FDOT Green Book Specifications. The DEVELOPER shall provide the COUNTY with plans and specifications for the roadway improvements for review and approval. Once the DEVELOPER has amended the plans in conformance with COUNTY comments, the COUNTY shall approve all design plans, permit applications, and contract documents prior to construction. The DEVELOPER shall contract with only licensed, insured contractors for construction of this improvement. All contracts shall include Performance and Payment Bonds that shall name the COUNTY as an additional party covered by the Bonds. The DEVELOPER shall play 100% of the cost of planning, design, permitting and construction of these turn lanes. The DEVELOPER shall provide a bill of sale to COUNTY for the improvements in this paragraph together with a one year warranty covering said improvements . 2