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2003-074
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2003-074
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Entry Properties
Last modified
9/28/2016 10:46:43 AM
Creation date
9/30/2015 6:26:26 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
04/01/2003
Control Number
2003-074
Agenda Item Number
7.T.
Entity Name
Pointe West of Vero Beach, Ltd.
Subject
Sidewalk improvements and cash deposit and escrow agreement
Area
Pointe West Central Village, Phase II
Archived Roll/Disk#
3160
Supplemental fields
SmeadsoftID
3196
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n .� <br /> INDIAN RIVER COUNTY, FLORIDA <br /> MEMORANDUM <br /> DATE : February 26 , 2003 <br /> TO : William G. Collins , II, Deputy County Attorney <br /> FROM : Christopher J. Kafer, Jr. , P . E . , County Engine <br /> SUBJECT : Pointe West Central Village Phase III — Reques for Bond Reduction <br /> I have reviewed the submitted request for bond reduction for the above subject project. <br /> It is my understanding that the original cash bond was for $ 57, 039 . 22 ($49 , 599 . 32 X 115 %) and it <br /> was posted for improvements not completed at the time of Final Plat. <br /> Our investigation showed that the following items are not yet completed and still need to be bonded : <br /> R6 Sidewalk, 18 ' X 6" — 120LF @ $ 36 . 00/LF = $ 49320 . 00 <br /> R8 Concrete, 4 ' X 4" — 2 ,470LF @ $ 10 . 80/LF = $26 , 676 . 00 <br /> $ 309996 . 00. <br /> X 115% <br /> $ 35 , 645 . 40 <br /> I recommend that $ 35 , 645 . 40 be retained as a cash bond for the above subject items and that <br /> $ 21 , 393 . 82 be refunded to the developer. <br /> Please contact me at extension 1221 if you have any questions . <br /> CJK/ktp <br /> cc : James W. Davis, P . E . , Public Works Director <br /> Wilson Wetherington, Engineering Technician <br /> Jason Brown, Manager, Office of Management & Budget <br /> Steve Melchiori, P . E . , OnSite Management Group <br /> FILE <br /> E If <br /> V )) <br /> FAEngineering\Land Development Permits\Pointe West Central Vil , Ph III-Memo Attorneys-bond reduction-cjk.doc <br />
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