SUBJECT
title
Fulton Green Road Infrastructure Agreement (Cash reimbursement not to exceed $135,605.58).
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DESCRIPTION
This is a request to enter into an Infrastructure Agreement for improvement to Fulton Green Road between LGI Homes-Florida, LLC (Developer) and Polk County. The Developer has received approval to build a 210 single-family home subdivision known as Fulton Meadows which will require direct access to Fulton Green Road. Fulton Green Road is a local residential road currently maintained by Polk County and programmed to be repaved. The Developer has agreed to make additional improvements to the easternmost 800 feet of Fulton Green Road, which consists of reconstructing the roadway base at a cost not to exceed $135,605.58. This agreement will allow for these improvements to be made more rapidly and at a reduced cost to the county.
RECOMMENDATION
Request approval of the Fulton Green Road Infrastructure Agreement.
FISCAL IMPACT
The County agrees to reimburse the Developer (in cash) for actual costs incurred for the roadway improvement at a cost not to exceed $135,605.58. Funding for this project is available via Transportation Millage Fund 14971.540152101 (Project 5400001).
CONTACT INFORMATION
Thado N. Hays, CPM
Concurrency & Entitlements Manager
Thadohays@polk-county.net <mailto:Thadohays@polk-county.net>