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Consent Item <br />Indian River County, Florida <br />Department of Utility Services <br />Board Memorandum <br />Date: March 9, 2023 <br />To: Michael C. Zito, Interim County Administrator <br />From: Sean C. Lieske, Director of Utility Services <br />Prepared by: Harrison Youngblood, PE, Utilities Engineer, Utility Services <br />Subject: The Moorings Club, Inc. for Hawks Nest Developer's Agreement <br />Background: <br />Indian River County Department of Utility Services (IRCDUS) would like to enter into an agreement with <br />the developer The Moorings Club, Inc. (The Moorings) for Hawks Nest for the cost sharing of upsizing the <br />off-site 8" diameter water main to a 12" diameter water main. IRCDUS directed the developer to upsize to <br />a 12" diameter water main along Old Dixie Highway, approximately 487 linear feet from approximately <br />5920 Old Dixie Highway to 6001 Old Dixie Highway. The total cost of the project is outlined in the Utility <br />Cost Estimate attached to the developer's agreement, which totals $52,508.00. The developer shall cover <br />two-thirds of the total estimated cost of the project with Indian River County covering the remaining third <br />of the total estimated cost. The developer's share is based on the cost that they would have incurred had <br />they only been required to connect their development. <br />Funding: <br />Funding in the amount of $17,502.67 for the project will be accounted for in the Impact <br />Fee/WIP/Moorings Club Hawks Nest WM Ext account, number 472-169000-23506. Funds for this <br />project are derived from Utilities capital funding. Utilities capital funding is generated from impact fees. <br />Furthermore, new growth has created the need for the expansion or construction of the facilities, and <br />that new growth will benefit from the expansion or construction of the facilities. <br />Description <br />Account Number <br />Amount <br />Impact Fee/WIP/Mooring Club Hawks Nest <br />472-169000-23506 <br />$17,502.67 <br />WM Ext <br />Recommendation: <br />Staff recommends that the Board of County Commissioners approve The Moorings Club Inc., for Hawks <br />Nest Developer's Agreement with the County, and authorize the Chairman to execute the agreement to <br />reimburse The Moorings Club Inc. in the amount of $17,502.67 for the work performed in the <br />agreement. <br />Attachment: <br />Page 1Q <br />