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2021-072B
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2021-072B
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Last modified
6/2/2021 4:22:29 PM
Creation date
6/2/2021 4:22:29 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
05/04/2021
Control Number
2021-072B
Agenda Item Number
8.P.
Entity Name
Divosta Homes LP
Subject
modification to contract for construction for final lift of asphalt
contract PD-17-09-06-FLA extended until June 18, 2023
Area
Lakes at Waterway Village M, N, O, P
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A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J.R.SMITH,CLERK <br /> 2. The developer's engineer's updated certified cost estimate as <br /> approved by County engineering, attached as Exhibit "A" represents 125% of the <br /> updated cost of the final lift of asphalt to be completed. <br /> 3. Prior to June 18, 2021, the $156,752.50 Wells Fargo Bank, N.A. <br /> Irrevocable Standby Letter of Credit No. IS0000867477U is required to be <br /> amended (1) to increase the amount to $262,385.00, (2) to extend its final <br /> expiration to September 18, 2023, and (3) to reference the Contract for <br /> Construction for Final Lift of Asphalt as being modified, otherwise this <br /> Modification is null and void. <br /> 4. The extension fee in the amount of $660.00 established by <br /> Resolution No. 2005-041 and pursuant to Section 913.10(1)(G) of the Indian <br /> River County Code has been paid. <br /> 5. All other terms set out in the Contract for Construction for Final Lift <br /> of Asphalt, Contract No. PD-17-09-06-FLA (2004010124-84522) remain in full <br /> force and effect. <br /> IN WITNESS WHEREOF, the parties hereto have set their hands and <br /> seals on the day and year first above written. <br /> DIVOSTA HOMES, L.P., a Delaware <br /> limited partnership <br /> By DIVOSTA HOMES HOLDINGS, <br /> LLC, a Delaware limited liability <br /> company, its General Partner <br /> 401 <br /> By: rA1 <br /> INDIAN RIVER COUNTY, FLORIDA 6‘1fv:conr <br /> by and through its Board of County' c.)..- s <br /> Commissioners � A <br /> ATTEST: Jeffrey R. Smith, Clerk / -- <br /> of Court a d Comptroller <br /> )�� /Q +os-ph E. Flescher, Chairman � 9cr <br /> . 'rh!. <br /> By: �'i""' ��17TY.,,.• <br /> Deputy Cler BCC approved: May 4, 2021 <br /> Approved as to form <br /> and legal sufficiency: <br /> By: <br /> an Reingold <br /> County Attorney <br /> 2 <br />
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