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11.H.2. SEA CREST MEDICAL OFFICES WATER MAIN CONSTRUCTION - DEVELOPER'S AGREEMENT WITH VANCE HOUDYSHELL OF EDDY GROUP, INC. The Board reviewed a Memorandum of November 14, 2001: DATE NOVEMBER 14, 2001 TO: JAMES E. CHANDLER COUNTY ADNIIIVISTRr1TOR FROM W ERIK OLSON, P DIRECTOR OF ILIT VICES PREPARED GORDON E. SPARKS, P.E. AND STAFFED ENVIRONMENTAL ENGINEER BY: DEPARTMENT OF UTILITY SERVICES SUBJECT DEVELOPER'S AGREEMENT FOR SEA CREST MEDICAL OFFICES WATER MAIN CONSTRUCTION Mr. Vance Houdyshell of the Eddy Group, Inc. is constructing a 14,400 square -foot Sea Crest Medical Offices building on the east side of US 1 in Sebastian across from Wal-Mart. In order to service the complex, an 8" diameter water main is required to be constructed from an 8" water main to be located 150 feet south of the project by another development (Fountain Towers, LLC Medical Office building) (see Exhibit "C" of attached developer's agreement). The water main will further be extended across the front footage of the project to its north property line, a distance of 327 feet (477 feet total length of water main construction for this developer's agreement) The proposed water main construction will allow future looping of the water main to master plan facilities in Roseland Road to the north. Attached is a proposed developers agreement with Mr. Houdyshell for reimbursement of a portion of the subject water main. The Developer's Agreement is stipulated to reimburse the Developer for the County's share of the water main upon acceptance by and dedication to the County (Sec. — 1.A and 1B. of attached agreement) The water main installation will comprise constructing approximately 477 linear feet of 8" water main on the east side of US 1 from the north property line of the Fountain Towers, LLC Medical Office building to the north property line of the proposed Sea Crest Medical Offices building. Mr. Houdyshell has agreed to enter into a cost sharing agreement with the County to construct the water main in conjunction with the site development DECEMBER 4, 2001 -110- - r)