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2000-168
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2000-168
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4/15/2024 11:20:21 AM
Creation date
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Official Documents
Official Document Type
Agreement
Approved Date
06/06/2000
Control Number
2000-168
Entity Name
The Suntree Partners, LTD
Subject
Agreement for Construction of Improvments to 5th Street S.W.
Citrus Springs
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40 <br />0 <br />pre -approved costs over $200,000.00, which costs shall include, but not be limited to, time, <br />materials, labor, supervision, inspection, machinery, equipment use and rental, and all other costs, <br />fees, and expenses incurred by Developer with respect to engineering, design, permitting, utility <br />relocation, and construction of the bridge, not including administrative, project management, or <br />similar fees. The County shall reimburse the Developer by payment by County check within thirty <br />(30) days of the County's inspection and approval of the work represented by each draw or final <br />payment made by the Developer. The County shall make such inspections within a reasonable time <br />after notification by the Developer of each draw or final payment. The Developer shall ensure that <br />the contractor performing the work shall provide a certificate of insurance approved by the County, <br />and shall put up payment and performance bonds approved by the County. The Developer shall <br />obtain three (3) competitive bids prior to awarding the contract, or shall demonstrate to the County <br />that the unit prices of the contractor selected are competitive, comparable, or less than recent County <br />initiated construction of a similar nature. The Developer shall use the impact fee credits described <br />herein at the rate of not more than thirty (30) single-family units (or the multi -family unit <br />equivalency) each year. <br />7. Dedication of Right -of -Way bXDeveloper. Developer agrees to dedicate 30 feet <br />of additional right-of-way along 5th Street S.W. to County without compensation. The dedication <br />shall be made on the plat of the Development. If the County desires to acquire right-of-way greater <br />than the 30 feet described above, the County shall pay the Developer for such right-of-way at the <br />same price per acre as the Developer paid to acquire the property, less the Developer's share of the <br />special assessment project for construction of 5th Street S.W. <br />8. Entire Agreement. This Agreement embodies the entire agreement between the <br />parties relative to the subject matter hereof, and there are no oral or written agreements between the <br />parties, nor any representations made by either party relative to the subject matter hereof, which are <br />not expressly set forth herein. <br />9. Amendment. This agreement may be amended only by a written instrument executed <br />by the party or parties to be bound thereby. <br />10. Timeof Essence. Time is of the essence of this Agrcement,however, ifthe final date <br />of any period which is set out in any provision of this Agreement falls on a Saturday, Sunday or legal <br />holiday under the laws of the United States or the State of Florida, then, in such event, the time of <br />such period shall be extended to the next day which is not a Saturday, Sunday or legal holiday. <br />11. Governing. Law. This Agrecment shall be governed by the laws of the State of <br />Florida and the laws of the United States pertaining to transactions in such State. All of the parties <br />to this agreement have participated freely in the negotiation and preparation hereof; accordingly, this <br />Agreement shall not be more strictly construed against any one of the parties hereto. <br />12. Su c . s r n Assigns: Assi grment. This agreement shall bind and inure to the <br />benefit of the parties and their respective successors and assigns. Developer may assign Developer's <br />rights and obligations under this Agreement to an affiliated or associated legal entity in conjunction <br />with development of the planned residential development. <br />_3. <br />
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