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DESCRIPTION AND CONDITIONS <br />An agreement was approved on December 19, 1995 by the Board of County Commissioners <br />for construction of Roseland Road Extension with P.T.C. Enterprises for the amount of <br />$96,822.64, a copy of that agreement is attached. The county found it more economical to <br />have our supplier do part of the final paving, therefore a reduction of $2,180.50 to the <br />contract amount is reflected on this change order making the project amount paid by the <br />county under this agreement, to date, $85,740.46. The Indian River County Engineering <br />Division staff has inspected the above mentioned project and found that all construction <br />appears to be satisfactorily constructed and in compliance with the plans. PTC Enterprises, <br />Inc. has requested release of retainage of $11,082.18 less the change order, which would <br />release $8,901.68, making the total paid by the county, to date, $94,642.14, ($85,740.46 + <br />$11,082.18 - $2,180.50 = $94,642.14). <br />ALTERNATIVES AND ANALYSIS <br />Alternative No. 1 - Approve Change Order No. 1 and authorize the chairman to execute the <br />Change Order and release the retainage. <br />Alternative No. 2 - Deny the request. <br />RECOMMENDATION & FUNDING <br />Staff recommends approval of the change order and release of retainage. <br />Funding will be from Account No. 101-153-541-067.71. PTC Enterprises, Inc. will request <br />impact fee credits for other items of cost on this project which would increase the county's <br />share. <br />ON MOTION by Commissioner Adams, SECONDED BY Commissioner <br />Ginn, the Board unanimously approved the Change Order and Release of <br />Retainage in the amount of $8,901.68 to P.T.C. Enterprises, as <br />recommended in the Memorandum. <br />7.F. Florinet Additional Grant Funds - Library <br />The Board reviewed a Memorandum dated May 15, 1997: <br />DATE: MAY 15, 1997 <br />T0: BOARD OF COUNTY COMMISSIONERS <br />THRU: JAMES E. CHANDLER, COUNTY ADMINISTRATOR <br />THRU: H.T. "SONNY" DEAN, DIRECTOR, DEPARTMENT oo# <br />GENERAL SERVICES <br />SUBJECT: FLORINET ADDITIONAL GRANT FUNDS <br />FROM: MARY D. POWELL, LIBRARY SERVICES DIRECTOR " <br />13 <br />MAY 27, 1997 <br />6f1�r � E FAGE502 <br />