Loading...
HomeMy Public PortalAboutMOU Murphy USA 3702 S Ferdon BlvdMEMORANDUM OF UNDERSTANDING March 13, 2024 Subject: Murphy USA at 3702 S. Ferdon Blvd City of Crestview, Florida & Murphy USA Based upon the City of Crestview Engineering Standards Manual Chapter 5.1, this Memorandum of Understanding is in reference to the proposed Murphy USA at 3702 S. Ferdon Blvd. (the Development) and has been provided with the following acknowledgements: • The Development generates significant traffic capacity impacts to the surrounding roadway network and no offsite roadway improvements are proposed as part of the Development. • The City of Crestview is constructing offsite roadway improvements to mitigate traffic impacts. • The developer shall participate in cost not to exceed the total amount of $65,700 to be held in escrow by the City of Crestview for these proposed improvements. This cost was determined by an established per trip cost based on total average trips per day generated by the development. The obligation to deposit the monev in escrow and participate shall occur before the Development Order is issued. City of Crestview 41,22), J.B. Whitten, Mayor Maryanne Sr City Clerk Murphy USA &feV BY: John Goetz �••mfoi Sr. Development Project Manager 0,Z4 OF CR''• 870-814-4106 As , St A ZO A .off,