SUBJECT
title
First amendment to Citrus Ridge Drive and US HWY 27 development agreement
body
DESCRIPTION
Amendment of agreement between Polk County and The Shoppes at Citrus Ridge, LLC. The amendment is to modify the roadway construction cost, transportation impact fee credits, timeline of infrastructure improvements and the alternative of providing an irrevocable letter of credit or performance bond for the infrastructure improvements along Citrus Ridge Drive and US HWY 27 intersection.
RECOMMENDATION
Approve the first amendment to the Citrus Ridge Drive and US HWY 27 development agreement
FISCAL IMPACT
Fiscal Impact in the form of transportation impact fee credits not to exceed $672,292.06.
CONTACT INFORMATION
Benjamin Dunn
Office of Planning and Development, Director
863-534-6454
Benjamindunn@polk-county.net <mailto:Benjamindunn@polk-county.net>