DDR Orlando, LLC, "Owner", owns property, "Property," located east of Semoran Boulevard and north of Hazeltine National Drive, consisting of approximately 75 acres. Owner is developing the Property as a large-scale retail center, "Project".  In order to accommodate sewer service to the Project, the existing sewer line owned and operated by the City must be both upsized to correct an existing deficiency and extended to the Project limits, "Sewer Improvements."  DDR has agreed to construct the Sewer Improvements; the City has agreed to participate in funding the non-site related portion of said construction, which will remedy an existing deficiency in the City's sewer system, increase overall capacity and allow additional properties to connect.  The cost of the City's share of constructing the Sewer Improvements will not exceed $566,883.00.  This amount will be paid to DDR in the form of credits against the sewerage benefit fee chargeable to development of the Property.