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Completing the water main loop along Indian River Blvd. will provide a redundant feed necessary to serve the <br />County's Water Distribution System. <br />The greatest foreseen difficulty beyond the actual construction is the permitting of the proposed water main <br />through the City of Vero Beach UWity Service Area. Project approvals will be necessary through multiple <br />governmental agencies including but not limited to FDOT, FDEP, and the City of Vero Beach. <br />The Project Costs associated with the installation of the 16 -inch Master Plan will be fimded from the <br />caparrty charge fee fienl. (See below for account number.) <br />RECOMMENDATION <br />The staff of the Department of Utility Services recommends that the Board of County Commissioners <br />approve the attached Developer's Agreement as presetâ–ºted, and authorize the Chairman to execute all necessary <br />documents. <br />LIST OF EXHIBITS: <br />Exhibit A. Vicinity Map of Proposed 16 -inch Water Main along Indian River Boulevard <br />Exhibit B. Developer's Agreement between Indian River County and Asset Channels Telecom, Inc. <br />ACCOUNT NO: 472-000-169-370.00 NAME: Capacity Charge Fund <br />MAY 099 2000 <br />ON MOTION by Commissioner <br />AMOUNT: $2,100,000.00 <br />Stanbridge, <br />SECONDED by Commissioner Chinn, the Board <br />unanimously approved and authorized the Chairman <br />to execute the Developer's Agreement with Asset <br />Channels Telecom, Inc., as recommended by staff. <br />AGREEMENT IS ON FILE IN THE <br />OFFICE OF THE CLERK TO THE BOARD <br />-57- <br />BOOK I iJ" PAGE ' ,!If <br />