Pipeline Project. This Pipeline Project is the widening of S.R. 54 from a four (4) lane divided, rural roadway to a six (6) lane divided, rural roadway from the existing six (6) lane section west of the Suncoast Parkway interchange, eastward to the existing six (6) lane section west of U.S. 41, as shown on Exhibit D (Roadway Link Improvements). The Project shall include intersection improvements at S.R. 54 and Tower Road/▇▇▇▇▇▇ ▇▇▇▇ Boulevard, Sunlake Boulevard, Oakstead, the Suncoast Parkway interchange, and Ballantrae Boulevard as depicted in Exhibit E as well as any other intersection improvements determined by the COUNTY and FDOT to be necessary during the design and permitting of the Project. The Project shall also include all shoulders, striping, signalization, signage, medians, stormwater-drainage facilities, floodplain mitigation, wetland mitigation, guardrails, and other roadway appurtenances, all as determined by the COUNTY, FDOT, and other permitting agencies, to be necessary during the design and permitting of the Pipeline Project (Roadway Appurtenances). Construction of this improvement satisfies Forty Million Seventy Thousand Seven Hundred Thirty-One and 00/100 Dollars ($40,070,731.00) (in July 2005 dollars) of the DEVELOPER'S proportionate-share obligations. The cost estimate for this improvement is based upon the provisions of Southwest Florida Water Management District (a.k.a. SWFWMD) in adopted DA Permit No. 43162251.00 and assumes no right-of-way acquisition for additional pond sites or floodplain mitigation. The DEVELOPER shall design, permit, construct, and acquire right-of-way (where necessary) for the S.R. 54 Pipeline Project, regardless of cost. Except for the Site-Related
Appears in 2 contracts
Sources: Development Agreement, Development Agreement