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2005-224
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2005-224
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Last modified
7/27/2016 12:10:09 PM
Creation date
9/30/2015 8:54:30 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/21/2005
Control Number
2005-224
Agenda Item Number
11.J.1
Entity Name
Vero Enterprises LLC
Subject
Madera Isles and Echo Lake Subdivisions Off-Site Utilities
Area
43rd Ave. between 17th St. SW and 25th St. SW
Supplemental fields
SmeadsoftID
5034
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The DEVELOPER shall furnish and install: <br /> 6" force main along 35'h Avenue SW from 176' Street SW to Madera Isles <br /> property line <br /> Reimbursement: The COUNTY shall reimburse the DEVELOPER based on an itemized invoice of the <br /> installed material on a complete basis after the above-referenced facilities are dedicated to and accepted <br /> by the COUNTY. The funds to reimburse the DEVELOPER shall derive from other properties (Tripson <br /> Trail Development) based on a pro-rata cost share (attached Exhibit E). Tripson Trail Development shall <br /> pay their share at the time of Land Development Permit issuance. The COUNTY' s obligation to make <br /> reimbursement to DEVELOPER shall expire five (5) years from the date of this Agreement . <br /> Reimbursement shall be in the form of check from the COUNTY, and shall not exceed the amount of <br /> $49,968 . 75 (See attached Exhibit E). <br /> 2. Amendment: <br /> This Agreement may be modified only by a written instrument executed by all parties to the Agreement. <br /> 3 , Assignability : <br /> Either party may assign this Agreement. However, the rights granted herein shall run with the land and <br /> are not the personal property of the DEVELOPER. Therefore, while the DEVELOPER has the right <br /> under this Agreement to freely transfer the rights and obligations granted by this Agreement, the assignee <br /> shall not have the right to transfer these rights to another property unless this Agreement is amended in <br /> writing by the assignee and the COUNTY. <br /> 4 . Authority: <br /> Each party hereto represents and warrants to the other that the execution of this Agreement and any other <br /> documents required or necessary to be executed pursuant to the provisions hereof are valid, binding <br /> obligations and are enforceable in accordance with their terms . <br /> 5 . Bidding and Award : <br /> The DEVELOPER shall use the County ' s public competitive bid process for all off-site utilities to be <br /> constructed under this Agreement, and Developer further agrees fully and timely to cooperate with the <br /> COUNTY in the public competitive bidding of the construction of off-site utilities described in this <br /> Agreement. The DEVELOPER shall timely provide the Indian River County Purchasing Division with <br /> sufficient information, including, without limitation, the nature of the project, where the plans may be <br /> purchased, the purchase price of the plans in an amount not to exceed One Hundred Dollars ($ 100. 00), the <br /> proposed date of bid opening, and all other necessary and required competitive bid details to ensure <br /> sufficient public notice of the construction of off-site utilities described in this Agreement to enable the <br /> COUNTY to post a notice on DemandStar. The DEVELOPER agrees that the Indian River County <br /> Purchasing Division shall conduct the public competitive bid process for the construction of off-site <br /> utilities described in this Agreement to obtain bona fide bids from licensed and qualified utility <br /> contractors, and such bids to be publicly opened and read aloud. The DEVELOPER shall cause the <br /> DEVELOPER' s consulting engineer to review the bids received by the Indian River County Purchasing <br /> Division, and to make a written recommendation to the County ' s Department of Utility Services for <br /> award of the bid to a licensed and qualified utility contractor. The term "qualified" shall be as determined <br /> by the County. The COUNTY's reimbursement of construction costs to the DEVELOPER shall be <br /> conditioned upon the approval of all project costs by the County ' s Department of Utility Services, Bid <br /> 3 <br />
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