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r- BOOK 111 FAGE 4 3 U CR510 Paved Shoulders -Felix F uities ofFlorida, Inc. -Final Payment The Board reviewed a Memorandum of November 23, 1999: TO: James Chandler County Administrator THROUGH: James W. Davis, P.E. Public Works Director FROM: Terry B. Thompson, P.E. Capital Projects Manag SUBJECT: Agreement with Indian River County and Felix Equities Paved Shoulders on CR 510 Final Payment DATE: November 23, 1999 Felix Equities, Inc. has completed construction under contract with the Florida Department of Transportation to construct paved shoulders on CR 510 from US 1 to a point east of Jungle Trail. On July 13, 1999, the Board approved entering into an Agreement with Felix to revise the shoulder pavement cross section on CR 510 from a paved shoulder to a fiill pavement section that will support traffic loading. This will allow the County to widen CR 510 in the future without removing the 1.5 meter (4.92 feet) wide shoulders which will not support traffic loads. The Agreement states that payment would be based on actual quantities measured in the field. The estimated cost was $71,500.00. Felix Equities is requesting final payment in the amount of $41,891.08. Actual quantities were less than the bid quantities because of two projects in the area that were completed prior to construction of this project. RECOMMENDATIONS AND FUNDING Staff recommends that the Board approve the attached invoice in the amount of $41,891.08. Funding is from Traffic Impact Fees. ATTACHMENT Invoice Final Field Measurements for Base Course on CR 510 ON MOTION by Commissioner Adams, SECONDED BY Commissioner Ginn, the Board unanimously approved payment of invoice to Felix Equities, Inc., in the amount of $41,891.08, as recommended m the memorandum. December 7, 1999 COPY OF INVOICE IS ON FILE IN THE OFFICE OF TAE CLERK TO TAE BOARD 38