8/4/1987 - Laserfiche WebLink

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r- �AUG 4 1977 l300K 6 9`.��J;. 5 3 � ON MOTION by Commissioner Bowman, SECONDED by Commissioner Eggert, the Board approved the following partial assessment liens on the SR -60 water and sewer project: Lynnlee Development Corp. (1) ERU each for water and sewer Pine Creek Condo II, Unit 202 (Peterson) Lynnlee Development Corp. (1) ERU each for water and sewer Pine Creek Condo IV, Unit 203 (Hartigan) Realcor of Vero Beach (1) ERU for sewer Countryside South, Unit 268-S PARTIAL RELEASE OF ASSESSMENT LIENS ARE ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD G. Extension of Letter of Credit - Shorelands West Subdivision The Board reviewed the following memo dated 7129187: TO: The Board of County Commissioners DATE: July 29, 1987 SUBJECT: Shorelands West.Subdivision - Request for Extension of Contract for Construction of Required Improvements and Extension of Corresponding Letter of Credit FROM: Bruce Barketf- Assistant County Attorney Shorelands West is a proposed 13 -lot subdivision of a parcel of property approximately 9.43 acres in size located on the west side of State Road A -1-A across from Smuggler's Cove Subdivision. The developer and the County entered into a contract for construction of required subdivision improvements as a condition of subdivision approval and the contract was secured by a letter of credit representing 115% of the certified cost estimate for the required improvements. In May, 1987, the developer requested and the County approved a 74% reduction in the amount secured by the letter of credit because at least 74% of the required improvements had been completed. The developer here requests that the contract for construction of required improvements be extended through January 27, 1988, and a corresponding extension of the letter of credit. It is recommended _approve extension extended letter of by the Chairman. that the Board of County Commissioners of the subject contract and accept the credit and authorize necessary signatures 10