Laserfiche WebLink
AGREEMENT <br /> BETWEEN <br /> INDIAN RIVER COUNTY, FLORIDA <br /> AND <br /> SCHOOL DISTRICT OF INDIAN RIVER COUNTY <br /> FOR THE CONSTRUCTION OF OFF-SITE UTILITIES <br /> THIS AGREEMENT by and between INDIAN RIVER COUNTY, a political subdivision of the <br /> State of Florida, the address of which is 1840 25th Street, Vero Beach, Florida 32960 (hereinafter the <br /> " COUNTY") and SCHOOL DISTRICT OF INDIAN RIVER COUNTY , the address of which is <br /> 1990 25TH Street, Vero Beach, Fl 32960 (hereinafter the SDIRC) is effective upon execution by the <br /> second of the two parties . <br /> WHEREAS , the SDIRC, in conjunction with the construction of a new K-5 school (New Liberty <br /> Magnet) at 6650 815` Street (west of 66"' Avenue) in Indian River County, is providing a 16 -inch master <br /> planned water transmission main from CR 510 to 77"' Street to be located within 66`h Avenue right-of- <br /> way, and a 24-inch master planned water transmission main from 66`h Avenue to the vicinity of the Indian <br /> River County Humane Society facility to be located within 77`h Street right-of-way to serve the subject <br /> property located at 6650 815` Street, and more specifically described in Exhibit "A" ; and <br /> WHEREAS , pursuant to Section 20 1 . 11 , , The Code of Indian River County , the COUNTY requires <br /> the SDIRC to provide the utility improvements to serve the regional area, and the COUNTY agrees to <br /> coordinate the refund to the SDIRC , as provided herein, for the cost of providing these off-site utilities , <br /> NOW, THEREFORE, for and in consideration of the mutual promises set forth herein and other good <br /> and valuable consideration, the COUNTY and SDIRC agree as follows : <br /> 1 . OFF-SITE UTILITIES : <br /> The SDIRC shall construct the necessary off-site utilities described herein as directed by the Indian River <br /> County Utilities Department . The COUNTY shall refund the SDIRC for construction of the off-site <br /> utilities as outlined below : <br /> A . 16-inch and 24 -inch Diameter Master Planned Water Transmission Mains : <br /> The SDIRC shall furnish and install approximately 5 , 220+ LF of 16 inch master planned water <br /> main on 660 Avenue from CR 510 to 77"' Street, and approximately 2 , 210± LF of 24 -inch master <br /> planned water main on 77`h Street from 66`h Avenue to the Indian River County Humane Society, <br /> as shown on the attached Exhibit D ( Sheets D- 1 through D-3 ) . In addition, the SDIRC shall <br /> furnish and install approximately 1 , 755 ± LF of 8 -inch non-master planned water main from 66`h <br /> Avenue down 815` Street and into the school site . <br /> Reimbursement : The COUNTY shall refund to the SDIRC funds advanced by SDIRC to <br /> construct the master planned water mains . The refund shall be based on the difference in cost <br /> between the cost for constructing water facilities required to solely service the school ' s water <br /> demand and the cost to construct the master planned water mains . The cost to each party is <br /> reflected in Exhibits B & C . Payment of the refund to the SDIRC by the County shall be made at <br /> the time the above referenced utilities are dedicated to and accepted by the County . <br /> Compensation shall be in the form of a check from the County for the amount of $ 565 , 636 . 00 <br /> Page 1 of 9 <br />