Traffic Signal Warrant Study & Post Development Signal Sample Clauses

Traffic Signal Warrant Study & Post Development Signal. Optimization Study. Not later than six (6) months after 85% occupancy of Phase I of the Proposed Development is first attained RFA shall notify the Township and cause its traffic engineer to conduct a traffic signal warrant study (“Phase I Warrant Study”) to determine if a traffic signal is warranted at the intersection of ▇▇▇▇▇▇▇’▇ Ferry Road and Monument Avenue. If the Phase I Warrant Study does not reveal that a traffic signal is warranted RFA shall not later than six (6) months after 50% occupancy of Phase II of the Proposed Development is first attained notify the Township and cause its traffic engineer to conduct another traffic signal warrant study (“Phase II Warrant Study”) to determine if a traffic signal is warranted at the intersection of ▇▇▇▇▇▇▇’▇ Ferry Road and Monument Avenue. Not later than six (6) months after 90% occupancy of both Phase I and Phase II of the Proposed Development is first attained RFA shall notify the Township and cause its traffic engineer to conduct a post-development traffic study to verify that the signal timings at the other studied, signalized intersections are optimized. If neither the Phase I Warrant Study nor the Phase II Warrant Study indicate that a traffic signal is warranted at the intersection of Righters Ferry Road and Monument Avenue then the post- development traffic study shall also include a traffic signal warrant study (the “Final Warrant Study”) to determine if a traffic signal is warranted.
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Traffic Signal Warrant Study & Post Development Signal. Optimization Study. Not later than six (6) months after 85% occupancy of Phase I of the Proposed Development is first attained RFA shall notify the Township and cause its traffic engineer to conduct a traffic signal warrant study (“Phase I Warrant Study”)3 to determine if a traffic signal is warranted at the intersection of ▇▇▇▇▇▇▇’▇ Ferry
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Traffic Signal Warrant Study & Post Development Signal. Optimization Study. Not later than six (6) months after 85% occupancy of Phase I of the Proposed Development is first attained RFA shall cause its traffic engineer to conduct a traffic signal warrant study (“Phase I Warrant Study”) to determine if a traffic signal is warranted at the intersection of ▇▇▇▇▇▇▇’▇ Ferry Road and Monument Avenue. If the Phase I Warrant Study does not reveal that a traffic signal was warranted RFA shall, not later than six (6) months after 50% occupancy of Phase II of the Proposed Development is first attained cause its traffic engineer to conduct another traffic signal warrant study (“Phase II Warrant Study”) to determine if a traffic signal is warranted at the intersection of ▇▇▇▇▇▇▇’▇ Ferry Road and Monument Avenue. Not later than six (6) months after 90% occupancy of both Phase I and Phase II of the Proposed Development is first attained RFA shall cause its traffic engineer to conduct a post-development traffic study to verify that the signal timings at the other studied, signalized intersections are optimized. In the event that none of the Warrant Studies indicate the need for the traffic signal, the Township shall nonetheless continue to hold RFA’s financial security for the traffic signal for a period of five (5) years after the date of the Phase II Warrant Study (“Post-Study Period”). If at any time during the Post-Study Period it is determined that the traffic signal is warranted, RFA’s financial security for the cost of the traffic signal shall be used for the traffic signal, it being understood that although RFA’s funds are to be used for the traffic signal, RFA shall have no other obligations regarding the traffic signal, including but not limited to, any further financial contributions over and above the amount of the financial security for the traffic signal, design, permitting, construction and/or any further studies. After the expiration of the Post-Study Period, RFA’s obligations with regard to the traffic signal will end completely, and the Township shall return to RFA, RFA’s financial security (or any unused portions thereof) for the installation of the traffic signal.
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