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AMENDMENTS TO GRANTS #4031. 4617. AND 5649 ARE ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />11.H.1. RIVER BEND SUBDIVISION FORCE MAIN <br />CONSTRUCTION - DEVELOPER'S AGREEMENT - RIVER BEND 296 <br />LLC <br />The Board reviewed a Memorandum of February 23, 2001: <br />DATE: FEBRUARY 23, 2001 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: DONALD R. HUBBS <br />DIRECTOR OF UTILITY SER <br />PREPARED MICHAEL C HOTCHKISS, P E <br />AND STAFFED ENVIRONMENTAL ENGINEER <br />BY: DEPARTMENT OF UTILITY SERVICES <br />\7 <br />SUBJECT: DEVELOPER'S AGREEMENT FOR RIVER BEND SUBDIVISION <br />FORCE MAIN CONSTRUCTION <br />BACKGROUND <br />River Bend Subdivision is a proposed 646 lot single-family home residential development located at <br />the southeast corner of 63' Street and U.S. Highway 1. A master planned force main is scheduled to <br />be constructed from the Central Region Wastewater Treatment Facility on an as -needed basis driven <br />by development (see attached copy of master plan map). The force main installation will comprise <br />constructing approximately 1 800 linear feet of 16" PVC along the Lateral "G" Canal right of way, <br />4,150 linear feet of 12" PVC along the 53id Street and U.S. Highway 1 right of ways and 4,100 linear <br />feet of 6" PVC along the 63'd Street right-of-way, from the Central Regional Wastewater Treatment <br />Plant to the northeast corner of the project. RIVER BEND 296 LLC, has agreed to enter into a cost <br />sharing agreement with the County to construct the master planned force main in conjunction with <br />their site development. <br />Attached is a proposed developer's agreement with RIVER BEND 296 LLC for reimbursement of a <br />portion of the subject force main. The Developer's Agreement is stipulated to reimburse the <br />Developer for the County's share of the force main based on itemized invoices of installed materials <br />on a percentage complete basis -less 10% retainage, monthly with final payment and release of <br />retainage at the time said facilities are dedicated to the County (SC — 1.A of attached agreement). <br />Developer will be required to post a 225% payment and performance bond prior to issuance of the <br />Utility Construction Permit (SC — 14 of attached agreement). <br />ANALYSIS <br />As shown in Exhibit B of the attached agreement, the estimated cost sharing between the developer <br />and the County is as follows: <br />March 6, 2001 <br />122 <br />