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ANALYSIS <br />As shown in Exhibits B 1 and B2 of the attached agreement, the estimated cast sharing between the <br />developer and the County is as follows: <br />Developer's Share $23,749.62 <br />County's Share $55,924.63 <br />Total Project Cost $79,674.25 <br />As homes are built in the project, homeowner's will pay a total of $512,000.00 in water and sewer <br />capacity charges. Construction of the force main will allow the County to coordinate expansion of the <br />wastewater collection system with development of the site. The County's total share of $55,924.63 <br />will be funded from the impact fee fund, Account Number 472-000-169483.00. <br />RECOWENDATION <br />The staff of the Department of Utility Services recommends that the Board of County Commissioners <br />approve the attached developer's agreement as presented, and authorize the Chairman to execute the <br />same. <br />MCWc <br />Attachments <br />ON MOTION by Commissioner Stanbridge, SECONDED BY <br />Commissioner Tippin, the Board unanimously (4-0, Vice <br />Chairman Ginn absent) approved the Developer's Agreement <br />with Smigiel Partners IV Ltd. for Water's Edge Subdivision <br />force main construction and authorized the Chairman to execute <br />the same, as recommended in the Memorandum. <br />AGREEMENT IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />11.11.5. 45TH AVENUE DESIGN CENTER - DEVELOPER'S <br />AGREEMENT WITH ORANGE ISLAND, LLC FOR CONSTRUCTION <br />OF OFF-SITE UTILITIES (FORCE MAIN) ALONG 45TH STREET <br />FROM OLD DIXIE HIGHWAY <br />The Board reviewed a Memorandum of July 18, 2000: <br />August 1, 2000 <br />94 <br />�it <br />114 PG 4 3 <br />0 0 <br />