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I <br />Z G. Woods of Vero Beach - Development Pejrormance Bond and <br />Contract for Construction of Required Improvements - Naimisha <br />Construction, Inc. <br />The Board reviewed a Memorandum of July 3, 2000: <br />DATE: JULY 3, 2000 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />THRU: WILLIAM COLLINS, ATTORNEY <br />FROM: DONALD R. HUBBS, P \ <br />DIRECTOR OF UTILITY SERV <br />PREPARED STEVEN J. DOYLE, PE <br />AND STAFFED CAPITAL PROJECTS MANAGER <br />BY: <br />SUBJECT: WOODS OF VERO BEACH DEVELOPMENT <br />PERFORMANCE BOND AND ACCOMPANYING CONTRACT <br />BACKGROUND & ANALYSIS <br />The Woods of Vero Beach is a new apartment complex located on the south side of Oslo Road west <br />of 20th Avenue. The muni -family apartment units are currently under construction and the developer has <br />substantially completed all major utilities with the exception of final roadway restoration and minor punch <br />list items. Record drawings and related documents are currently being submitted to the Florida <br />Department of Environmental Protection (FDEP) for their acceptance. <br />Certain required improvements, such as final grading and paving, at the Woods of Vero Beach <br />Development remain to be completed, and the Developer, Naimisha Construction, Inc., has entered into a <br />Contract for Construction of Required Improvements with the County and has posted a performance bond <br />against damages to County utilities resulting from ongoing construction. <br />RECOMMENDATION: <br />Approve the attached Performance Bond and accompanying Contract for Construction of Required <br />Improvements No. SP -MA -99-09-52 (U) and authorize the - Chairman of the Board of County <br />Commissioners to execute same. <br />SJD/Nhm/sjd <br />Attachments <br />August 1, 2000 <br />26 <br />BK 114 PG 366 <br />