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Fp- -1 <br />11.H.2. DEVELOPER'S AGREEMENT - INDIAN RIVER <br />-COURTS MASTER PLANNED FORCE MAIN & WATER <br />MAIN CONSTRUCTION - FALCON PROPERTIES, LTD. <br />The Board reviewed a Memorandum of November 4, 1999: <br />DATE: NOVEMBER 4,1999 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR I 1 <br />FROM: DONALD R. HUBBS, P.E. <br />DIRECTOR OF UTIL]7Y�H <br />PREPARED STEVEN J. DOYLE, P.E. <br />AND STAFFED CAPITAL PROJECTS MANAGER <br />BY: <br />SUBJECT. DEVELOPERS AGREEMENT FOR INDIAN RIVER COURTS <br />MASTER PLANNED FORCE MAIN & WATER MAIN CONSTRUCTION <br />Indian River Courts is a proposed development lowed near the northwest comer of 41" Street and Indian <br />River Boulevard. A 12 -inch Master Plan waterline and a 16 -inch Master Plan waterline along with an 8-mch <br />Master Plan force main is scheduled for construction along the Developer's property. The 16anch Master Plan <br />water main is slated for construction this year, while the 12anch water main and 8anch fi)= main ate <br />identified to be constructed on an as -needed basis driven by development. <br />Falces Properties Lti has agreed to enter into a cost sharing agreement with the County to construct the master <br />planned watedires and force mains in conjunction with their site development. Attached is a proposed <br />developer's agreement with Falcon Properties Ltd for reimbursement of a portion of the subject water lines and <br />wastavater lines. <br />ANALYSIS <br />As shown in Exhibit -Al of the atm agreement, the estimated cost sharing between the Developer and <br />the County for an &inch force main west along 41` Street from US -1 to the Developer's site. (See Table <br />below.) <br />As shown in EHrbit A2 of the attached agreement, the estimated cost sharing between the Developer and <br />the County for a 12-nch water main west along 41' Street from US -1 to the Developers site. (See Table <br />below.) <br />As shown in Exhibit -A3 of the attadred agreemakt, the estimated cost sharing between the Developer and <br />the County for a 16 -inch water main along Indian River Boulevard from 37* to Grand Harbor Drive. (See <br />Table below.) <br />NOVEMBER 16, 1999 <br />-150- <br />431 <br />