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DEVELOPER'S AGREEMENT - UTILITIES - XL VISION - <br />CR -512 & I-95 COMMERCIAL NODE <br />The Board reviewed a Memorandum of July 23, 1996: <br />DATE: JULY 23, 1996 �+ <br />TO: JAMES E. CHANDLER �� C <br />COUNTY ADMINISTRATO <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTILITY SERVICES <br />PREPARED WILLIAM F. M �ILITYNSERVICES <br />AND STAFFED CAPITAL PROEER <br />BY: DEPARTME <br />SUBJECT: X -L VISION DEVELOPER'S AGREEMENT <br />COMMERCIAL NODE DEVELOPMENT <br />INDIAN RIVER COUNTY PROJECT NOS. UW -92 -35 -DS <br />AND US -92 -36 -CS <br />BACICGROUND <br />The water and wastewater lines were completed in 1993 to the <br />commercial node at County Road 512 and I-95 providing service for <br />existing and future commercial development. The Utilities <br />Department has also been authorized to provide utility service on <br />102nd Terrace and 99th Way via an assessment project, which is <br />currently on hold. Additional development on 102nd Terrace is now <br />ready to proceed. The firm of X -L Vision is proceeding to expand <br />their facility on 102nd Terrace and require water and sewer service <br />to do so. Their expansion will be under construction in the next <br />few months. In an effort to expedite this development, a <br />developer's agreement (see attached) has been negotiated for the <br />construction of a portion of the utilities which will service the <br />area on 102nd Terrace between Macho Products and X -L Vision. <br />ANALYSIS <br />The Utilities Department is proposing that X -L Vision construct the <br />water main and force main to service the aforementioned area, which <br />will become part of the ultimate assessment project for 102nd <br />Terrace (see Exhibit B of the developer's agreement). The total <br />project cost breakdown associated with the X -L Vision construction <br />is as follows: <br />Total estimated utility construction cost $75,058.00 <br />X -L Vision portion of the ultimate assessment $29,900.20 <br />County contribution to project . $45,157.80 <br />All costs are based on preliminary estimates only. <br />In order to expedite commercial development in this area, we are <br />requesting approval of the attached negotiated developer's <br />agreement from the Board of County Commissioners. Quotes for the <br />construction of the project will be solicited from at least three <br />contractors, and the Utilities Department will approve the low <br />quote prior to commencement of the project. Funding for this <br />project shall be from Fund 471 (Account No. 471-000-104-029.00) <br />until such time as it can be recovered by assessment. <br />RECOMMENDATION <br />The staff of the Department of Utility Services recommends that the <br />Board of County Commissioners approve -the attached developer's <br />agreement as presented. <br />21 <br />Boo. <br />August 6, 1996 ' `'�' <br />