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2007-319
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2007-319
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Last modified
6/24/2016 1:12:53 PM
Creation date
9/30/2015 11:19:16 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
First Amendment
Approved Date
09/18/2007
Control Number
2007-319
Agenda Item Number
7.EE.
Entity Name
Woodside Tuscany, L.L.C.
Subject
Amended Developer's Agreement Tuscany Lakes Subdivision
Area
south side of 77th St. west of 58th Ave.
Supplemental fields
SmeadsoftID
6610
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1 <br /> FIRST AMENDED DEVELOPER' S AGREEMENT BETWEEN -1 - 1 ` <br /> INDIAN RIVER COUNTY, FLORIDA47 <br /> n <br /> AND <br /> WOODSIDE TUSCANY, L.L.C. <br /> FOR TUSCANY LAKES SUBDIVISION <br /> THIS FIRST AMENDED AGREEMENT, entered this 19* day of . <br /> 2007, by and between INDIAN RIVER COUNTY, FLORIDA a political subdivision of the State <br /> of Florida, 1840 25"i Street, Vero Beach, Florida, 32960, hereafter called COUNTY and Woodside <br /> Tuscany, L. L. C. , a Florida limited liability company, 2541 Metro Centre Boulevard, Suite 1 , West <br /> Palm Beach, Florida 33407, telephone number (561 ) 688-2020 , hereafter referred to as <br /> DEVELOPER. <br /> WITNESSETH <br /> WHEREAS , the parties entered into a Developer Agreement dated February 21 , 2006; and <br /> WHEREAS , the DEVELOPER has applied to develop a single family residential <br /> development to be known as Tuscany Lakes Subdivision on 59 acres of land located on the south <br /> side of 77th Street and west of 58th Avenue in Indian River County, Project Number SD-04- 11 -52 <br /> (2004050472-43084) , the legal description is attached as Exhibit "A" and incorporated herein by <br /> reference. and; <br /> WHEREAS, the original Developer Agreement addressed mutual concerns of the COUNTY <br /> and the DEVELOPER including improvements to 58th Avenue at 77th Street and at 45th Street; and <br /> WHEREAS, the initial estimate for construction of the improvements to 58th Avenue and <br /> 77th Street was $421 ,707 . 18; and <br /> WHEREAS, in order to accommodate a south bound turn lane on 58th Avenue, a 138 KV <br /> power pole and transmission line must be relocated from an existing Florida Power and Light <br /> Company easement. The cost of relocating this pole and line was not included in the initial estimate <br /> of the southbound turn lane construction; and <br /> WHEREAS , because of the turn lanes, it will be necessary to relocate the traffic signal pole <br /> at the intersection of 58th Avenue and 77th Street. The cost of relocating this pole and signal was <br /> not included in the initial estimate of the southbound turn lane construction; and <br /> WHEREAS , the estimated costs of moving the power pole, transmission line, signal pole <br /> and the associated engineering and construction is $ 110 , 840; and <br /> WHEREAS, both the COUNTY and DEVELOPER can mutually benefit each other by <br /> amending the Developer Agreement dated February 21 , 2006, through ajoint effort that will provide <br /> 1 <br /> C.\D000ME-1\bd1h\LOCALS— I \Temp\notes3F4396\"Tuscany Lakes Ist Amended Dev Agreement 12 28.doc <br />
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