Laserfiche WebLink
• <br />DATE: <br />TO: <br />FROM: <br />PREPARED <br />AND STAFFED <br />BY: <br />SUBJECT: <br />MARCH 4, 2002 <br />JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />W. ERIK OLSON <br />DIRECTOR OF UTILITY SERVICES <br />AARON J. BOWLES, P.E. <br />ENVIRONMENTAL ENGINEER <br />NDIAN RIVER COUNTY UTILITIES <br />DEVELOPER'S AGREEMENT WITH MARGO STANFORD (FOR WATER <br />MAIN REPLACEMENT ON 9TH PLACE, 9TH STREET AND STH <br />PLACE <br />BETWEEN 6th AVE. AND 7TH AVE) <br />RELEASE OF RETAI "AGE FOR WORK COMPLETED TO DATE <br />BACKGROUND <br />On March 20, 2001 the Board of County Commissioners entered into a Developer's Agreement with <br />Margo Stanford (see attached agenda item and minutes -Attachment A) in the amount of $73,043.50 and <br />amended the contract on October 04, 2001 for an additional $50,559.00 (see attached Amendment — <br />Attachment B) fora total of $123,602.50 to provide water mains to the above referenced project. To date, all <br />utility construction located within the right-of-way has been completed by Pan American, Inc. and has been <br />accepted by the Utilities Department. The remainder of the project yet to be completed will be performed by <br />a separate plumbing contractor and includes the disconnection of existing services from the old 2" water main <br />located in the rear of the properties and reconnecting each service to the new 6" water math located within the <br />right-of-way. Upon installation of new meters in the new meter boxes, the plumbing contractor will <br />disconnect each residence from the old meter and reconnect them to the new meter. At that time, the Utilities <br />Department will re -visit the site and remove the old meters. The estimated time for completion of this second <br />task is two to three months. <br />This agenda item is requesting a partial release of retainage for the work completed to date by Pan-American. <br />Final payment for the remainder of the work and release of the remaining retainage will be issued upon <br />acceptance by the Utilities Department and final approval from the BCC. <br />ANALYSIS <br />Margo Stanford has been paid $99,126.50 for utility work performed to date, of which $87,376.50 has <br />been paid to Pan-American, Inc. thru Margo Stanford. The work performed to date includes design, <br />permitting and construction services. The Utilities Department is now requesting the release of retainage <br />for work completed to date, totaling 39.703.50. <br />Upon payment of this request for release of retainage, $14,767.50 will be available to perform the <br />remaining tasks. The remainder of the project is anticipated to be completed within the next two to three <br />months. At that time, the remainder of the fees can be paid. <br />RECOMMENDATION <br />The staff of the Department <br />approve the attached request for <br />of Utility Services recommends that the Board of County Commissioners <br />the release of retainage held as indicated in Attachment -C as presented. <br />LIST OF ATTACHMENTS: <br />Attachment A) Approved Developer's Agreement dated March 20, 2001. <br />Attachment B) Amendment to Developer's Agreement dated October 04, 2001. <br />Attachment C) Invoice from Margo Stanford for Partial Release of Retainage <br />MARCH 12, 2002 <br />-19- <br />`3 <br />