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• <br />11.H.3. JEFF WILSON - DEVELOPER'S AGREEMENT FOR <br />WATER MAIN INSTALLATION ON OLD DIXIE HIGHWAY NORTH <br />OF 65th STREET FOR COMMERCIAL DEVELOPMENT (6600 65th <br />AVENUE [SOUTH WINTER BEACH ROAD]) <br />The Board reviewed a Memorandum of June 5, 2002: <br />DATE: JUNE 5, 2002 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMJNISTRATOR <br />FROM: W. ERIK OLSON <br />DIRECTOR OF UTILITY SERVICES Cack <br />PREPARED <br />AND STAFFED <br />BY: <br />AARON J. BOWLES, P E <br />ENVIRONMENTAL ENGINEER <br />DEPARTMENT OF UTILITIES <br />SUBJECT: DEVELOPER'S AGREEMENT WITH JEFF WILSON (FOR WATER. MAIN <br />INSTALLATION ON OLD DIXIE HIGHWAY NORTH OF 65m STREET) <br />BACKGROUND Rt ANALYSTS <br />Jeff Wilson is proposing commercial development located at 6600 65th Avenue. A master planned water main <br />had previously been scheduled for construction along Old Dixie Highway on an as -needed basis driven by <br />development. Funding of master planned water mains enables developers to extend an over -sized water main, as <br />proposed in the Water and Wastewater Mater Plan, to their property. As future development continues adjacent <br />to the proposed water main and developers connect, the required line extension fees will be applied such that a <br />certain portion of the subject water main's costs will be reimbursed to the County. <br />Through previous approved Developer Agreements, a master planned water main has been constructed along <br />South Winter Beach Road (65th Street) to Old Dixie Highway and then south along Old Dixie Highway. This <br />water main installation will comprise of constructing approximately 690 lineal feet of 12" water main to be <br />extended from 65t Street north along Old Dixie Highway to the subject site. <br />Attached is a proposed Developer's Agreement with Jeff Wilson for reimbursement of a portion of the subject <br />water main. The Developer's Agreement is stipulated to reimburse the Developer for the County's share of the <br />water main based on itemized invoices of installed materials on a percentage complete basis -less 10% retainage, <br />monthly, with final payment and release of retainage at the time said facilities are dedicated to the County (SC — <br />1.A of attached agreement). <br />As shown in Exhibit - B of the attached Agreement, the County Share and Developer's share for <br />installing the recommended improvements is tabulated below and included in the attached Developer's <br />Agreement is as follows: <br />_ Description: <br />Developer's Share <br />Countv's Share <br />Total Proiect Cost <br />Water Distribution System' <br />$1.030.50 <br />$34.613.00 <br />$35.643.50 <br />• <br />June 18, 2002 <br />71 <br />ev1 <br />vx79 <br />