Subject:
Title
James Road Traffic Calming - District 1
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Fiscal Impact:
Pursuant to the stipulated settlement, Barrera Shores, LLC (now the new developer, Taylor Morrison of Florida, Inc.) will pay for the construction of traffic calming devices (Section 7 of Stipulated Settlement Agreement)
Dept/Office:
Public Works Department
Requested Action:
Recommendation
It is requested that the Board of County Commissioners adopt a resolution in support of the implementation of Traffic Calming measures on James Road; delegate authority to the County Manager, or designee, to execute any related documents, including, but not limited to, permits and associated bonds.
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Summary Explanation and Background:
Beginning in 2004, the County and the City of Cocoa were involved in a dispute regarding the City's annexation of certain lands located just east of Interstate 95 and directly abutting State Road 528 to the north and south. After years of litigation, on December 11, 2007, Brevard County entered into a Stipulated Settlement Agreement with the City of Cocoa, as well as the then-property owners: Florida Space Needle, LLC, which owned the north parcel, and Barrera Shores, LLC, which owned the south parcel ("Agreement"). The Agreement provides, in pertinent part, that in order for Barrera Shores, LLC, to develop its parcel (267 +/- acres) it needs to satisfy certain requirements. One such requirement was for Barrera Shores, LLC, to "pay for construction of traffic calming devices along James Road." Section 7, Agreement. The construction of such traffic calming devices was to take place after property owners along James Road were solicited for their opinions on the location and placement of traffic calming devices on James Road. Since the original agreement, the south parcel ownership was transferred to Taylor Morrison of Florida, Inc. ("TM"). Pursuant to "Section 10 - Binding Upon Successors" of the Agreement, TM assumed Barrera Shores, LLC's obligations under the Agreem...
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