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2018-187
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2018-187
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Last modified
3/6/2024 2:36:54 PM
Creation date
10/8/2018 1:00:09 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Developer's Agreement
Approved Date
10/02/2018
Control Number
2018-187
Agenda Item Number
12.F.1.
Entity Name
Divosta Homes LP
Waterway Village
Subject
Second Addendum to Amended Developer's Agreement
Area
58th Avenue Improvements
Alternate Name
Waterway Willage
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Clean 9.13.18 <br />1. The foregoing recitals are incorporated as if fully restated herein. <br />2. A. Developer agrees to design, permit, and construct 58th Avenue as a <br />four -lane roadway between Station 155+00 and Station 182+00 ("County's <br />Segment") as depicted on the Waterway Village 58th Avenue Roadway <br />Improvements 49th Street to 57th Street, prepared by Kimley-Horn, project <br />number 147282003 ("Kimley-Horn Plans"), to include improving the <br />intersection at 57th Street and 58th Avenue to an ultimate four -lane divided <br />configuration with left turn lanes on all approaches. County acknowledges <br />that neither design, permitting, nor construction of this roadway section is an <br />obligation of the Developer pursuant to the Development Order, and that <br />neither the commencement nor the completion of these improvements shall <br />affect issuance of building permits, certificates of occupancy, or any other <br />approval process concerning Waterway Village. <br />B. The County shall be responsible to coordinate the relocation of any <br />utilities which conflict with the proposed construction within the County's <br />Segment. As used herein "utilities" shall include but not be limited to, water, <br />sewer, force mains, electric service, cable, gas, and all other public service, <br />whether owned by Indian River County or privately owned. County agrees to <br />assist Developer to coordinate relocation of any public or private utilities. <br />C. The County shall be responsible for acquiring any additional right- <br />of-way necessary or appropriate to complete the construction. <br />D. 1. The County shall reimburse the Developer for all Design <br />and Construction Costs associated with the project for the County's Segment <br />including improving the intersection at 57th Street and 581h Avenue to an <br />ultimate four -lane divided configuration with left turn lanes on all <br />approaches. The cost of design is estimated at Two Hundred Thirty Three <br />Thousand Seven Hundred Five 00/100 Dollars ($231,311.00), as provided <br />from Kimley-Horn and Associates in the attached Exhibit A dated August 24, <br />2018. <br />2. The Developer shall invoice the County for all costs to be <br />reimbursed by the County as draws throughout the design, permitting, and <br />construction of this roadway segment. Any invoice submitted by the <br />Developer to the County for County's payment shall be reimbursed by the <br />County according to the Prompt Payment Act (Section 218.70-218.80, <br />Florida Statutes, 2017), and not with impact fee credits. County hereby <br />designates its Public Works Director to receive invoices from the Developer. <br />The Public Works Director shall have twenty-one (21) days to review and <br />approve reimbursable costs or to request revisions or additional information. <br />3. Section 4.13. of the Developer's Agreement is hereby amended and restated as <br />follows: <br />2 <br />
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