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7. <br />CONSENT AGENDA (CONT’D.) PAGE <br />E. Resolution Delegating to the County Administrator or Designee the <br /> <br />Authority to Execute Standard Modifications to Contracts for Construction <br />of Required Sidewalk Improvements and Accompanying Cash Deposit and <br />Escrow Agreements, if Applicable <br />(memorandum dated October 19, 2006) 55-64 <br /> Approved and adopted Resolution # 2006-173 delegating to the County <br />Administrator or designee the authority to execute standard Modifications <br />to Contracts for Construction of Required Sidewalk Improvements and <br />accompanying Cash Deposit and Escrow Agreements, if Applicable, so <br />long as the Modifications bear the approval signatures of both the Public <br />Works Director and Community Development Director and any Cash <br />Deposit and Escrow Agreements bear the approval signatures of the <br />County Attorney or designee and the Budget Director or his designee. <br /> <br /> <br />F. Pointe West of Vero Beach, Ltd.’s Request for an Extension to Complete <br /> <br />Remaining Sidewalks within Pointe West South Village, Phase I P.D. <br />(memorandum dated October 31, 2006) 65-70 <br /> Approved the Modification to Contract for Construction of Required <br />Improvements extending the date for completion to August 17, 2008 <br />providing that an amended irrevocable letter of credit in the reduced <br />amount of $25,576.50 is in place prior to November 7, 2006 with an <br />expiration date of November 17, 2008 (90 days beyond the August 17, 2008 <br />requested extension date); and authorized the Chairman to execute said <br />Modification. If the amended letter of credit is not received by the County <br />Attorney’s Office by 2:00 p.m. on Tuesday, November 7, 2006, the existing <br />Wachovia Irrevocable Letter of Credit Number SM217549W is to be called <br />and this Modification shall be null and void. <br /> <br /> <br />G. Seasons, P.D. Extension to Complete Remaining Sidewalk Segment <br /> <br />(memorandum dated October 25, 2006) 71-76 <br /> Approved the Fourth Modification to Contract for Construction of <br />Required Improvements providing that the existing Bank of America <br />Irrevocable Standby Letter of Credit Number 3063088 be amended to <br />reduce the amount to $2,295.00 and extend the expiration date to May 12, <br />2008 (90 days beyond the February 12, 2008 requested extension date); <br />and authorize the Chairman to execute said Fourth Modification. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Page 3 of 12 <br />November 7, 2006 <br /> <br />