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The provision of the Agreement with John Lloyd that allowed for the extension of utilities is presented below. "The Developer is relying upon the construction of a sewer force main along High Street to be installed by others (Smith Warehouse Development, Randy Mosby as Engineer -of -Record). Smith Warehouse is currently under design and construction may not run concurrently with Woodmere Trade Center. Therefore it is agreed that the DEI ELOPER install a 6 -inch sewer force main if the 6 -inch force main is not installed along High Street under the Smith Warehouse Developer's Agreement or its sequel. If the force main proposed by the Smith ff orehouse Developer's Agreement is not constructed, the DEI ELOPER shall furnish and instal/ a 6 -inch PIC force main along the west side of High Street from CR -512 to :nil Street. The Work completed to date under the Jerry Smith Warehouse Developer's Agreement included survey, design. and permitting through FDEP. Construction of utilities had NOT commenced and was delayed. The Work completed under the Woodmere Trade Center Project include the onginal scope -of -work outlined in the Woodmere Trade Center Developer s Agreement PLUS the additional utility work outlined in the Jem• Smith Warehouse Developer's Agreement. The amount of funds expended between both projects remain under budget and all work required by each Agreement has been satisfied. The staff of the Department of Utility Services recommends that the Board of County Commissioners authorize the transfer of remaining funds from the Jerry Smith Warehouse Developer's Agreement to make payment to John Lloyd for the actual work performed under the Woodmere Trade Center Developer's Agreement. The amount of fund to be transferred is presented in the table below The S1,800.00 paid -to -date under the Jerry Smith Warehouse Agreement is for professional services related to the preparation of construction plans and FDEP permitting. FINANCIAL ANALYSIS /REAPPORTIONING: COUNTY'S CONTRIBUTION: DEVELOPER'S CONTRIBUTION: Developer Developer Onginal Developer Agreement — Est. Counts* Share Net Change Increase or Decrease Revised Developer Agreement - Est Coimty Share Woodmere Trade Center (offsite water & sewer) $42.809.68 528.760.00 (Increase) $71,569.68 Jerry Smith Warehouse (offsite water & sewer) (Water) 512.847.00 (Sewer) 517.713.00 -528.760.00 (Decrease) (paid to date) S1.800.00 Total S73.369.68 50.00 Total $73.369.68 DEVELOPER'S CONTRIBUTION: RECOMMENDATION The Staff of the Department of Utility Services recommends that the Board of County Commissioners approval the following: a) Authorize the Department of Utilities to proceed with termination of the Jerry Smith Developer's Agreement and closure of the project. (Note• The 51,800.00 paid to date is consider Final Payment and closes the contract for all work performed to date.) Termination will require written acknowledgement and acceptance by both the COUNTY and the DEVELOPER. NOVEMBER 14, 2000 -134- BK 116 PG 146 Developer Developer Developer's Agreement — Share - Itemized Developer Agreement — Total Developer's Share Woodmen Trade Center (offsite water & sewer) (Water) $2.362.50 (Sewer) $3.311.70 $5.674.20 Jerry Smith Warehouse (offsite water & sewer) (Water) $1.462.50 (Sewer)S4.988.00 56.450.50 Total S12.124.70 RECOMMENDATION The Staff of the Department of Utility Services recommends that the Board of County Commissioners approval the following: a) Authorize the Department of Utilities to proceed with termination of the Jerry Smith Developer's Agreement and closure of the project. (Note• The 51,800.00 paid to date is consider Final Payment and closes the contract for all work performed to date.) Termination will require written acknowledgement and acceptance by both the COUNTY and the DEVELOPER. NOVEMBER 14, 2000 -134- BK 116 PG 146