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DEVELOPER'S AGREEMENT - WALKING HORSE HAMMOCK <br />The Board reviewed the following memo dated 512/89: <br />DATE: MAY 2, 1989 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTILIRVICES <br />PREPARED AND <br />STAFFED BY: SCOTT C. DOSCHER <br />STAFF ENGINEER S(—v <br />SUBJECT: DEVELOPER'S AGREEMENT - WALKING HORSE HAMMOCK <br />IRC PROJECT NO: CDS-282 <br />BACKGROUND: <br />Dennis L. Smith, owner and developer of Walking Horse Hammock <br />Subdivision, has oversized a water line on 5th Street southwest to <br />serve the Walking Horse Hammock Subdivision. <br />ANALYSIS: <br />Mr. Smith requires 1,334' of 8" line to serve his facility. The <br />County requires 10" per our Master Plan. The County wishes to <br />compensate Mr.Smith for oversizing of the line in the standard <br />amount of $2.00 per inch of oversizing, per foot of line, which is <br />calculated as follows: <br />1,334' x 2" = 2,668' x $2.00/inch = $5,336.00. <br />Compensation shall be by collection of future impact fees paid by <br />connectors to the line. <br />RECOMMENDATIONS: <br />The Department of Utility Services recommends that the Board of <br />County Commissioners approve the attached Developer's Agreement with <br />Mr. Smith. ,. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Bird, the Board unanimously approved <br />the Developer's Agreement with Mr. Smith, and <br />authorized the Chairman's signature, as <br />recommended by staff. <br />AGREEMENT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />MAY 1 6 1989 <br />47 l'OCK 76 FrS:UL 880 <br />