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I7:" <br />MARCH 23, 1998 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: DONALD R. HUBBS, P.E. <br />DIRECTOR OF UTILITY CES <br />�l <br />PREPARED AND WILLIAMj*6E <br />STAFFED BY: CAPITALINEER <br />SUBJECT: RIVER PARK PLACE, PROPOSED DEVELOPER'S <br />AGREEMENT WITH NATIONAL HOUSING CORPORATION. <br />INDIAN RIVER COUNTY PROJECT NO. CDC/CCS/647. <br />BACKGROUND <br />As part of the construction of River Park Place, the County has required the developer to <br />construct a portion of a Master -Planned water main on Indian River Drive (please see the <br />attached map). Portions of this line were previously constructed on Indian River Drive, <br />North of ie Street and from U.S. Highway 1, North to the Sterling House Project. This <br />construction will complete the loop of this line from U.S. Highway 1 to the City of Vero <br />Beach (Le., Indian River Apartments), which is a portion of the Master Planned projects <br />Water #3A and Water #7, as shown on Table 3.3 Phase I & II for construction in 1993 <br />and 1995 respectively, (See attached exhibits from the Brown and Caldwell Master Plan). <br />This line is in our Master Plan and was depicted as an expenditure in our 7 year CIP in the <br />1998/1999 budget year. The entire Master Planned project will aid in pressure equalization <br />between the North and South County and will also provide a critical back-up system for <br />interconnection between North and South County. The Master Planned looping line will <br />begin at US Highway 1 and Indian River Drive, North to 53'd at the northern extreme of <br />Grand Harbor. <br />ANALYSIS <br />The proposed developer's agreement is for a total construction cost of $147,482.00. The <br />proposed cost share breakdown is as follows: <br />Total Estimated Cost $147,482.00 <br />*Developers Share $ 7.537.50 <br />County Contribution $139,944.50 <br />* Developers share is based on a standard line extension fee of $11.25/L.F. x 670 feet of <br />frontage. <br />The developer is paying impact fees for this project as follows: <br />Water - 146 ERU's $189,800.00 <br />Sewer - 146 ERU'_s $405.420.00 <br />Total $595,220.00 <br />April 7,1998 <br />56 <br />0 0 <br />