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7.S. HAMMOCK LAKES - PHASE 2 P.D. - MODIFICATION TO CONTRACT FOR <br />CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />The Board reviewed a Memorandum of April 29, 2002: <br />Paul G. Bangel, County Attorney": <br />William G. Collins II, Deputy County Attorney* <br />Mann E. Fell, Assistant County Attorney <br />MAY 7, 2002 <br />*Board Certified, City, County and Local Government Law <br />MEMORANDUM <br />TO: Board of County Commissioners <br />FROM: gr _William G. Collins II - Deputy County Attorney <br />DATE April 29, 2002 <br />SUBJECT: Hammock Lakes — Phase 2 P.D. - Modification to Contract for <br />Construction of Required Improvements <br />On December 4, 2001 the Board of County Commissioners approved Contract <br />for Construction of Required Improvements No. PD -95 -08 -05 -CFC (94110133- <br />28790) in connection with the plat of Hammock Lakes — Phase 2 P.D. Sufficient <br />security in the form of a Letter of Credit was posted with Indian River County to <br />guarantee the installation of required improvements. <br />Indian River County Code requires the developer to construct the required <br />Improvements, except sidewalks, within one year from the date of final plat <br />approval; and the developer has requested an extension of time to complete <br />those required Improvements to May 25, 2002. The security has been extended <br />to August 25 2002, which is three months beyond the requested modified <br />completion date. <br />RECOMMENDATION: <br />Authorize the Chairman of the Board of County Commissioners to execute the <br />attached Modification to Contract for Construction of Required Improvements No. <br />PD -95 -08 -05 -CFC (94110133-28790) extending the completion date to May 25, <br />2002. <br />n u <br />Oh <br />-46- <br />