Resolution - PUBLIC HEARING - authorizing the City to enter into the Tomoka Independent Living Transportation Improvements Cost Allocation Agreement with THP, LLC ("Owner") and BPS Independent Living, LLC ("Developer") and approving the proportionate fair share contribution. The agreement provides for a proportionate fair share contribution in the amount of $3,505.44 to address traffic concurrency and traffic impacts. The contribution will provide transportation improvements in the impact area and shall be paid to the County prior to the City's issuance of a Certificate of Occupancy. This project is located west of Tomoka Farms Road and north of First Baptist Parkway at 1500 Tomoka Farms Road.
James Morris, Deputy City Manager, to report.
Recommendation: Deputy City Manager recommends adoption of the Resolution.
Action: Motion to adopt Resolution.