Traffic Impact Analysis. The developer shall submit a new Traffic Impact Analysis to the City, with new or updated concurrency mitigation requirements identified therein, prior to the Project exceeding the Trip Generation Threshold. The scope of the analysis shall be limited to a roadway capacity assessment on roadway segments where trips generated by the Project exceed five percent of the adopted peak-hour directional service volume and an operational assessment on the New Jersey Road Corridor from Edgewood Drive to US 98. Additional transit or trail-based mitigation shall not be required as a result of this analysis, but additional mitigation measures to expand roadway capacity, which may include, road widening, the addition of turn lanes, and signalization (“Roadway Capacity Mitigation”), shall be required to the extent identified in the Traffic Impact Analysis as necessary for the Project to satisfy City concurrency requirements. Roadway Capacity Mitigation, which may be mitigated with proportionate share contribution, shall be provided in accordance with Florida Statute 163.3180. Any operational improvements on the New Jersey Road Corridor identified in the Traffic Impact Analysis as needed to improve existing or background (non-project) deficiencies, or any operational improvements identified in such analysis which does not increase roadway capacity, shall not be a mitigation responsibility of the Developer. However, subject to agreement with the City, these operational improvements may be used as alternative mitigation measures for roadway concurrency mitigation requirements. The costs of satisfying any Roadway Capacity Mitigation, including any alternative mitigation measures agreed to for roadway concurrency mitigation requirements, identified in the analysis shall be impact fee creditable to Developer.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement