Laserfiche WebLink
proceed with contract construction, and staff desires to see the <br />sidewalk improvements completed. The developer is now proposing <br />to extend the previous construction contract and replace the <br />previous sidewalk security, posted in the amount of $33,203.00 with <br />a new letter of credit in the amount of $19,219.95. <br />ANALYSIS: <br />The project engineer has certified that the new amount ($19,219.95) <br />represents 1150 of the cost to complete the remaining sidewalk <br />work. Staff has no objection to the estimate or the bonding -out <br />to guarantee future construction. The contract extension has been <br />prepared and approved by the County Attorney's Office, and has been <br />executed by the developer (Woodlands of Vero, Inc.). All remaining <br />sidewalk improvements are to be completed on or before April 30, <br />1992. Thus, the entire internal sidewalk system is to be completed <br />by April 30, 1992. <br />RECOMMENDATION• <br />Staff recommends that the Board of County Commissioners authorize <br />the Chairman to execute the proposed contract extension, and that <br />the Board accept the new letter of credit in the amount of <br />$19,219.95 in lieu of the existing letter of credit. <br />ON MOTION by Commissioner Bird, SECONDED by Commis- <br />sioner Bowman, the Board unanimously authorized the <br />Chairman to execute the proposed contract extension <br />and accepted the new letter of credit. <br />COPY OF SAID CONTRACT EXTENSION AND NEW LETTER OF CREDIT ARE ON <br />FILE IN THE OFFICE OF CLERK TO THE BOARD. <br />INCREASE IN FRANCHISE FEES - TREASURE COAST REFUSE CORP. <br />The hour of 9:05 o'clock A.M. having passed, the Deputy <br />Clerk read the following Notice with Proof of Publication <br />attached, to -wit: <br />APR 2 41990 19 BOOK I r , <br />