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7. F. CHESSER GAP CHARTER SCHOOL DEVELOPER 'S AGREEMENTFINAL <br /> PAY RE UEST AND RELEASE OF RETAINAGE 6SLBASTIAN CHAR ER <br /> JUNIOR HIGH) <br /> The Board reviewed a Memorandum of December 12 , 2000 : <br /> DATE: DECEMBER 12, 2000 <br /> TO : JAMES E. CHANDLER <br /> COUNTY ADMINISTRATOR <br /> FROM : DONALD R. HUBBS. P . <br /> DIRECTOR OF UTILI C <br /> PREPARED STEVEN J . DOYLE, P . E . <br /> AND STAFFED CAPITAL PROJECTS MANAGER <br /> BY : INDIAN RIVER COUNTY UTIL S <br /> SUBJECT: CHESSER GAP CHARTER SCHOOL DEVELOPER'S AGREEMENT <br /> FINAL PAY REQUEST & RELEASE OF RETAINAGE <br /> INDIAN RIVER COUNTY PROJECT NO, 854 <br /> BACKGROUND & ANALYSIS: <br /> On June 2e 2000, the Board of County Commissioners approved a Developer's Agreement with the Sebastian <br /> Charter Junior High Inc., (Chesser Gap Charter School) to construct a 12" diameter water main along Fleming <br /> Street and Wave Street (see attached minutes of meeting). Construction of the water main is now complete and <br /> the Department of Utility Services have accepted the associated facilities. The Developer is requesting final <br /> reimbursement for dedicated utilities in accordance with the agreement (see attached invoice). <br /> As approved by the Board of County Commissioners the estimated cost sharing between the Developer and e <br /> County is as follows: <br /> Description Amount <br /> a. ) County's Share $64.421 . 00 <br /> b. Developer's Share ( • $2. 778 . 75 <br /> C. ) Estimated Project Cost tem a. + Item b. $67. 199 . 75 <br /> d.) Actual- Project Cost as solicited by Developer (construction only) $71 .522 . 00 - <br /> e. ) Actual Developer's Share - $7.302 . 50 <br /> f. ) Actual Cotmtv's Share Refer to Invoice Attachment-B) $64 .21950 <br /> jq,) Total Pavments made to date: - $57 . 797 . 55 <br /> h. Final Payment to the Developer per attached Invoice (Attachment-B ) $6.421 . 95 <br /> - i. ) Net Cost Reduction T'( S201 , 50) ., <br /> (* ) Developer's share is based upon applicable line extension charge of S11 .25/ft. for water pursuant to Resolution 99-58 . <br /> (••) The eagineermokecord (Mosby & Associates) solicited price proposal from utility contractors with the lowest price <br /> received was 571 ,522.00 from Treasure Coast Contracting Inc. <br /> DECEMBER 19 , 2000 8K 1 ` 6 PG 5 1 � <br /> _ - 26 - <br /> l 1 <br />