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To allow for this planting strip the entire length of project from U.S. Highway 1 to Willow Road, we need to purchase 5 additional feat of right-of-way on each side. We would-relocate where necessary the existing Royal Palms to the planted areas. Cross section drawings of this option are shown in the first of the attachments. The disadvantage of this configuration is the very high costs of the land, particularly at the intersection of Tequesta Drive and Highway 1. We estimate costs of commercial land in the area at about S8/square foot. With 18,843 square feet needed from Cypress Drive to Highway 1, the cost would be about 5150,744. This figure is S48,210 higher than the budgeted amount for land acquisition and contingencies. OPTION 2: Under this configuration, the median at U.S. 1 would remain at its current size, but the planting strips along either side of Tequesta Drive would be eliminated to provide space for sidewalks. Refer to the second attachment for a cross-section of this proposal. • The advantage of this configuration is that the land acquisition costs are significantly reduced. We estimate that we would need only 3,223.5 square feet of additional right-of- way, which we estimate to cost 525,788. This would leave us $76,746 in the project budget for unforeseen costs. The disadvantage is that we would need to relocato the Royal Palms and would lose the green areas lining the roadway from U.S. Highway 1 to Willow Road. There could also be a safety hazard with pedestrians on a sidewalk directly adjoining the road, although the sidewalk would be 1' wider to compensate for the increased hazard. The primary disadvantage is to the aesthetics of Tequesta Drive, and we believe that this lack of green areas would not be in character with the Village. OPTION 3: This configuration is a comprowise between Options 1 and 2. If we reduce the size of the median on Tequesta Drive at U.S. Highway 1 by about 5 feet, we estimate that we could save 514,732 in right-of-way land costs over Option 1 and still have space for the Royal Palms and sidewalks. The base of the pry narrowed to provide for think that this would be a • Aside from dollar minimize the disruption posed entrance sign might need to be safety requirements, but we do not significant problem. costs, this configuration would to the property at the Southwest -3 - - --_ I• corner of Tequesta Drive and U.S. Highway 1. Compared to Option 1, we would need approximately half of the amount of land for Option 3 from this property,_potentially reducing significantly any damages said property owner may have against the Village for this disruption. 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