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INTERLOCAL AGREEMENT
BETWEEN
INDIAN RIVER COUNTY, FLORIDA
ANIS
CITY OF SEBASTIAN, FLORIDA
THIS INTERLOCAL AGREEMENT, entered into this i Lith day
April 2000, by and between INDIAN RIVER COUNTY, FLOt21E)A, a
political subdivision of the state of Florida, hereinafter referred to as COUNTY, and the
CITY OF SEBASTIAN, FLORIDA, a municipal corporation of tite State of Florida
hereinafter referred to as CITE, for the purpose of road improvements to Farber Street,
provides
wrrNI3SS[A I:
WHEREAS, tate COUNTY and CITY agree that Traffic Impact Fees collected by
the COUNTY are for the purposes of capacity improvements to CITY and COUNTY
streets; and
WHEREAS, tine CITY and COUN'T'Y acknowledges that Barber Street is
operating at a failing level of service that requires improvements;and
WHEREAS, the CITY and COUNTY acknowledges that through Concurrency
Management and Comprehensive Plans that no further impacts can he permitted without
capacity improvement; and
WHEREAS, the CITY and COUNTY jointly agrees that a moratorium against
development in the CITY or COUN'T'Y which impact this arca is not desirable.
NOW, THEREFORE,, in consideration of the mutual terms, conditions, proraai, s,
covenants and premises hcreinaiier set forth and pursuant to the statutory authority
contained in F.S. Chapter 163, the COUNTY and CITY agree as follows:
I. The COUNTY authorizes the expenditure of $200,000 of Traffic Impact Fee Riding
to the CITY for capacity improvement on Barber Street, as described in the attached
"EXHIBIT A" — BARBER STREET ROA 7 IMPROVEMENTS."
2. The COUNTY agrees to provide technical oversight and construction inslaectinn of
tine utility relocation aspects of the Project.
1 The duration or this Agreement is five (5) years frcam the etTective dine, which is dolt
the executed ai reenient is filed with the Office of the Clerk of the Court of tnriitm
River County, renewable for five (5) adthtion rl yc.tus ifapprovcd by the COUNTY.
A. fine CI fY shall provide the remainder of the tinading tions gas ttrx revenue, sales ttrx
revenue, or other general revenues of the CITY.
5, The CITY shall cuter into construction contracts to complete the Barber Street ttoad
irarprtivezrtcuts and provide ovcrsq, ht ol'the Project.
ti. All surplus funds shall be rctunwi to dic CITY aml COUNTY in proporti-i (o 11W
rc,ntritertic�ns m=ute l)y the Clri Y ,salt ('(it �N I
ATTEST
dA A
Ithlyn 1
1.O;Halloran, noran, CMC -/AAE "
City Clerk
Approved as to form and legality for
reliance by the City of Sebastian only:
Rich Stringer, City , omey
STATE OF FLORIDA
COUNTY Of INDIAN RIVER
("I'l Y OF SEBASTIAN, FLORIDA
Fay.�
,,, Mayor
Tile riorcgoing instrument was acknowledged before me this 1,�4 day 01'
2000, by A�– '4' -4A1AAJA--, Mayor, on behalf of the City Of
11 known to nic or
sebisn"'aln of Indian River County, Florida. He/she is >P'Snally
produced as iderniricati011- M�4'
N ta lie, State —oeFlorida
0 1�1
'4491 was
iOO2 Prill p Notary ame
INDIAN RIVER COUNTY BOARD
OF COUNTY COMMISSIONERS
B
r xf) r an TlAqTrIs,C:1?,31"nall
Iva
Commission Number
C,ommission Fxpires:
Approved as to form and legality for
reliance by Indian River County
Only:
Ferry O'Brien,
jjjti,ritu County Attorney
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