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FUNDING: <br />Funds for the majority of the project will be derived from the Assessment Fund. Assessment Fund revenues <br />are generated from connection fees paid by the benefitting property owners available in the Utilities <br />assessment fund account. The two hydrants outside of Fischer Lake Island will be funded from the Capital Fund. <br />The Capital Fund is derived from Impact Fees. <br />Description Account Number Amount <br />Fischer Lake Island Water Assessment 473-169000-15525 $536,074.93 <br />Fire Protection- County Preserve 472-169000-15525 $ 10,028.00 <br />RECOMMENDATION: <br />Staff recommends that the project be awarded to Timothy Rose Contracting, Inc., in the amount of $546,102.93 <br />and requests that the BCC: <br />a. Approve the attached sample agreement. <br />b. Authorize the Chairman to execute Change Order No.1 deducting $95,260 from the initial submitted bid <br />to 2017-026 of $641,362.93. <br />ATTACHMENT(s): <br />1. Sample Agreement <br />2. Change Order No.1 <br />C:\Users\GRANIC—I\AppData\Local\Temp\BCL Technologies\easyPDF 7\@BCL@A8053A8E\@BCL@A8053A8E.tlocx <br />Page 2 of 5 <br />P150 <br />