Laserfiche WebLink
Lakes At Waterway Village PD—Pods M, N,0, P A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J.R. SMITH, CLERK <br /> MODIFICATION TO <br /> CONTRACT FOR CONSTRUCTION FOR FINAL LIFT OF ASPHALT <br /> CONTRACT NO. PD-17-09-06-FLA (2004010124-84522) <br /> THIS MODIFICATION, made and entered into this 26th day of <br /> May , 2021, by and between DIVOSTA HOMES, L.P., a Delaware <br /> limited partnership, hereinafter referred to as "Developer", and INDIAN RIVER <br /> COUNTY, a political subdivision of the State of Florida, by and through its Board <br /> of County Commissioners, hereinafter referred to as "County". <br /> WITNESSETH : <br /> WHEREAS, Developer entered into a Contract for Construction for Final <br /> Lift of Asphalt, Contract No. PD-17-09-06-FLA (2004010124-84522) <br /> guaranteeing the installation of the final lift of asphalt the earlier of 2 years from <br /> the project's Certificate of Completion (June 18, 2019) or 60 days prior to <br /> turnover to homeowner association or prior to certificate of occupancy for the last <br /> residence in this phase of the subdivision; and the Developer posted a letter of <br /> credit in the amount of $156,752.50 as security to guarantee completion; and <br /> WHEREAS, the developer has <br /> 1. requested an additional 2-year extension to June 18, 2023 to install <br /> the final lift of asphalt, as allowed by code; <br /> 2. provided an updated certified cost estimate attached as Exhibit "A" <br /> which amount has been approved by County engineering and did <br /> change from the initial cost estimate of $156,752.50 to <br /> $262,385.00; and <br /> 3. paid the required $660.00 extension fee request to County. <br /> NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL <br /> COVENANTS AND PROMISES HEREIN CONTAINED, the parties agree as <br /> follows: <br /> 1. The date for completion of the final lift of asphalt as outlined in the <br /> Contract for Construction for Final Lift of Asphalt, Contract No. PD-17-09-06-FLA <br /> (2004010124-84522) is extended to June 18, 2023. <br /> 1 <br />