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K. Purchase of Road Stabilization Materials <br />The Board reviewed the following memo dated 11/10/92: <br />INDIAN RIVER COUNTY, FLORIDA <br />TO: James E. Chandler, . <br />County Administrator', <br />FROM: James W. Davis, P.E., <br />Public Works Director <br />ctp <br />SUBJECT: Purchase of Road Stabilization Material <br />DATE: November 10, 1992 FILE: road.Agn <br />DESCRIPTION AND CONDITIONS <br />Ed Hall, Contractor for Rosewood Court Subdivision located north <br />of 16th Street east of Kings Highway, has offered to sell to the <br />County approximately 7,000 c.y.`:of road stabilization material <br />which is being excavated from a stormwater management tract <br />within the development. The County currently has an annual <br />contract with Stewart Industries in Fort Pierce (approximately 15 <br />miles from County facilities) for road stabilization material to <br />be picked up by the County at a cost of $1.25/ton or $1.78/c.y. <br />The cost to purchase the material from Mr. Graves is $1.25/c.y. <br />which.is a cost savings of $.53 per cubic yard. In addition, the <br />savings of the cost of a 30 mile round trip pick-up to Ft. Pierce <br />would further reduce the net cost to the County. <br />ALTERNATIVES AND ANALYSIS <br />The alternatives and as follows: <br />Alternative No. 1 <br />Approve purchase of the road stabilization from Ed Hall at a <br />cost of $1.25 per cubic yard. <br />Alternative No. 2 <br />Deny approval to purchase the material. <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends Alternative No. 1 whereby authorization is given <br />to purchase approximately 7,000 c.y.. of road stabilization <br />material at $1.25/c.y. <br />Funding to be from Road and Bridge Division budgeted funds. <br />(Fund 111-214) <br />19 <br />NOV I 'l 199 auoK �, c <br />