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$72,500.00 for additional permitting and bidding <br />services; and authorized the Chairman to execute said <br />Amendment, as recommended in the memorandum of <br />March 3, 2009. <br />AMENDMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />13. COUNTY ATTORNEY <br />A. SIDEWALK EXTENSION REQUEST, DEVELOPER: PASSAGE <br />ISLAND HOMES, INC., PROJECT: CITRUS SPRINGS VILLAGE "G" - <br />PD <br />County Attorney Will Collins recapped the backup memorandum dated February <br />9, 2009 and provided background on the request for modification to the contract. He informed <br />the Board that the sidewalk project was to be completed within a two-year period, and the <br />Developers were notified but did not extend their credit in a timely manner, so the Office of <br />Management and Budget has called the $68,000 Letter of Credit, which is currently held in <br />escrow. <br />Attorney Collins disclosed that Passage Island Homes, Inc., is now the sole <br />developer of these properties and has proposed to put up a replacement Letter of Credit, so the <br />cash could be released from escrow. He asked the Board to approve the modification to contract <br />to give an additional two years (to June 6, 2010) to complete the sidewalks so long as a <br />replacement Letter of Credit is in place. He said the Planned Development approval needs to be <br />transferred into the sole name of Passage Island Homes, Inc. from Tousa Homes and once those <br />steps are taken we would return to the bank the "called" funds, less administrative expenses. <br />Commissioner Wheeler assumed this was discussed at departmental meetings and <br />everyone was in agreement. Attorney Collins affirmed his assumptions. <br />March 17, 2009 30 <br />