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Agreement development or development of the 12-acre parcel. This approach is outlined in the Developme <br />a application. i <br />Development A Development Agreement, accompanying the proposed rezoning, has been developed and agreed-to to <br />the Developer and the Economic rr <br />1��i ithin the overall 50-acre site In summarv, the DeveiciramentAureement states the followli <br />The initiaf phase of development within the 50 acres wili only consist of a casino gaming <br />establishment with hotel and can be appropriately justified with only a VO T Chapter 527 traffic <br />stud <br />lu . m, � <br />, tt` _°q n, t.a vsJl c atse the # ".,eed €c :n ItY(w°aThan, ? f-, �Cess 3 - »> �#' study ff) z_. <br />a i 1.- i4>,..'.„.c a.; vo !t `e req k.Et#' `:: i iutt%`n a cc mpia=ed i "'AR for su, -, a so a e n (i.o o m.:n -d a4 c,f <br />Cir? , �: - -' `. _.a phase ,..'e!. r, f"i r:`'� ..:;r._ ,. `". M °�" =19 . fit. ,a %t :�°� ^, i e'�- u: a of vie crpa�t =ate.rl <br />4 Bases upcln ;he findings and recommendations set forth from tie IA R, the Developer will need to <br />implement necessary improvements to the 1-264 and Victory Boulevard interchange to support all <br />phases, of developrn nt. <br />The Developer will be responsible for traffic improvements identified in the Chapter 527 traff study <br />,, h:- -t', supp, rt the initial phase of e, casim') arriing ev. b';ish-c'. "ent w1h <br />h ,e!$'on er?uo n space only) <br />€rte development agiee;!a ent supp(Irls the assu"llcpt[crss on toe level cP oeveiopment t o', can occur tjr °r <br />P ncl%rl 9 i, t11-?. ieelect of oe eln .i,nl t`N+ t . dl ri�>, e O? pt 'he 1,.r'r a -gym,, V t y.-;;: <br />furllife' n y' -p-d slid '?"prkov !'l to sL }.,p,n t traffic gF?. .._:mizn€1 as."soc sre'l wiz t, tt' e full deve'o}:;YY'T'eif a the <br />proposed VVELI) <br />Viclarj,itlage Entertair ent Distnct ChalNer 52' Traffic Impact Ana ysls <br />Octcoer 2020 <br />