Common Contracts
1 similar Developer Agreement contracts
BCC MEETING DATEDeveloper Agreement • November 12th, 2019 • Florida
This agreement with Cordova Palms Investment, LLC, is a companion to a State-Funded Grant Agreement of $3,700,000.00 to St. Johns County for improvements to SR 313 and US 1. The Developer of the Cordova Palms Planned Unit Development was required to construct State Road 313 from US 1, over the rail road tracks, and to the Project entrance. During the 2019 legislative session, the legislature allocated $3.7 million to St. Johns County as a recipient for enhanced intersection improvements within the US 1 right-of-way. Developer, through this Agreement, has committed to being solely responsible for any costs that exceed the $3.7 million allocated by the State and for any costs not reimbursed by the Florida Department of Transportation.
