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D E C 4 1990 <br />NOOK F',1GE <br />Page two <br />William & Selma Luther <br />4.15 acres (3.09 acres for <br />Indian River Boulevard and <br />1.06 acres for 53rd Street) <br />Recording Expenses <br />Attorney Fee <br />Title Insurance <br />Contingency/Severance Damages <br />Total <br />J. Luther Groves <br />.88 acres for 53rd Street <br />Recording Expenses <br />Attorney Fee <br />Title Insurance <br />Contingency/Severance Damages <br />Total <br />$ 154,861.59 <br />871.45 <br />6,194.46 <br />849.50 <br />3,000.00 <br />$ 165,777.00 <br />$ 40,454.68 <br />233.25 <br />1,618.19 <br />232.88 <br />800.00 <br />$ 43,339.00 <br />A contingency item has been included for each parcel because <br />closing documents have not been finalized as of this date. <br />Staff requests that the Board's authorization include this <br />contingency to cover any unforeseen costs to the County that <br />may arise. <br />Carter Associates, Inc., have communicated with the County <br />on behalf of the property owners to insure that the road <br />design will not adversely impact the remaining land. The <br />property owners request that the County pay these <br />engineering fees. Final invoices for engineering fees have <br />not been received from Carter Associates. The estimated <br />final cost of engineering services is as follows: <br />C. Bobo $ 2,504.18 <br />William & Selma Luther $ 3,014.75 <br />Subtotal $ 5,518.93 <br />10% Contingency 551.89 <br />Total 6,070.82 <br />Staff requests that the Board authorize ,payment of the <br />actual cost of engineering services rendered up to a maximum <br />total cost of $6,070.82. <br />RECOMMENDATIONS AND FUNDING <br />Staff requests authorization for the Chairman of the Board <br />of County Commissioners to execute Contracts to purchase <br />parcels from C. Bobo, William & Selma Luther and J. Luther <br />Groves. <br />Staff also requests that the Board authorize payment of <br />engineering fees from Carter Associates. <br />Funding to be from account #309-214-541-066.12 Indian River <br />Boulevard North Right -of -Way. <br />28 <br />M <br />