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2003-122
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2003-122
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Entry Properties
Last modified
10/14/2016 2:48:22 PM
Creation date
9/30/2015 6:34:35 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
05/20/2003
Control Number
2003-122
Agenda Item Number
7.J.
Entity Name
Mainstreet at Vero Beach
Subject
to extend contract date to complete paving improvements
Dec. 11, 2004
Area
Sabal Trace Phase I, II, and III
Archived Roll/Disk#
3161
Supplemental fields
SmeadsoftID
3256
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24 03 11 : 13a Lundberg - Young S61 569 0714 p . 2 <br /> MODIFICATION TO <br /> CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br /> N0 . SD-01 -10"24-CFC (99080039 ) <br /> THIS MODIFICATION , made and entered into this 44A/ day of <br /> 2003 , by and between Malnstmet At Vero (Beach , Inc . , a <br /> Florida corporation , hereinafter referred to as "Developer" , and INDIAN RIVER <br /> COUNTY , a political subdivision of the State of Florida , by and through its Board <br /> of County Commissioners , hereinafter referred to as "County" . <br /> WITNESSETH : <br /> WHEREAS , the final plat of Sabal Trace , Phase 1 , a Subdivision was <br /> approved by the Board of County Commissioners on December 11 , 2001 , and <br /> as a condition of final plat approval , the Board of County Commissioners <br /> approved a Contract for Construction of Required Improvements No . SD-01 - 10- <br /> 24"CFC (99080039 ) wherein the Developer , Mainstreet At Vero Beach , Inc . , <br /> guaranteed by performance bond the paving of streets in unplatted Phases 2 <br /> and 3 , over water and sewer lines which service Sabal Trace , Phase 1 , to be <br /> completed by December 11 , 2002 ; and <br /> WHEREAS, Developer has not completed those improvements , and is in <br /> default under the terms of the Contract for Construction of Required <br /> Improvements No . SD-01 - 10"24 -CFC (99080039 ) : and <br /> WHEREAS , County does not deem it advisable to make a claim against <br /> the performance bond because Developer has recently made application for a <br /> Replat of Sabal Trace in which the paving would be completed via the platting <br /> process of the Replat of Sabal Trace , and <br /> WHEREAS. County is requiring a modification to the existing Contract for <br /> Constructlon of Required Improvements No . SD"01 - 10-24-CFC (99080039 ) to <br /> extend the completion date of the paving before County issues the necessary <br /> permits to Developer to begin work over the unpaved area where the water and <br /> sewer lines lay ; and <br /> WHEREAS . Developer wishes to extend the contract date in which to <br /> complete the required paving improvements to December 11 , 2004; and <br /> WHEREAS , County is willing to extend the completion date ; and <br /> WHEREAS, the surety company that issued the performance bond has <br /> consented to the extension of time to complete ; and. <br /> WHEREAS , County has been provided with documentation of the <br /> continuation of the performance bond , <br />
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