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2005-408
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Last modified
8/17/2016 11:32:32 AM
Creation date
9/30/2015 9:29:12 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/13/2005
Control Number
2005-408
Agenda Item Number
11.I.2
Entity Name
Divosta Homes, L.P.
Subject
Developers Agreement Waterway Village
Area
North of 49th St. east of 58th Ave. Waterway Village
Supplemental fields
SmeadsoftID
5316
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of way described in Deed Book 66 Page 35 , Deed Book 67 Page 267 and Deed Book 60 Page 86 , <br /> Public Records of Indian River County, Florida . <br /> 4 , Impact Fees : Developer shall receive traffic impact fee credits for all design, engineering, <br /> and construction costs associated with 53`d Street paid or contributed by Developer, except for those costs <br /> associated with site -related turn lanes, site -related traffic control measures, and any landscaping in excess <br /> of that landscaping required by County Ordinance or Regulations ("non-reimbursable costs") . Such <br /> impact fee credits and costs will include the design configuration of 53 `d Street, recognizing that the eagle <br /> located within the Development precludes running the roadway in a straight line from Old Dixie Highway <br /> to 58th Avenue . The Developer shall construct 43`d Avenue , 515` Court, and 49th Street improvements <br /> within the project or along the project frontage at Developer' s sole cost with no traffic impact fee credits <br /> allowed . The Developer shall construct sidewalks required by the Development Order and the approved <br /> Planned Development Plan at Developer' s sole cost and expense with no impact fee credits allowed . <br /> 5 . Invoices : Any invoices submitted by Developer to the County for the County ' s payment <br /> shall be reimbursed by the County according to the Prompt Payment Act . (Sections 218 . 70 - 218 . 80 , Fla . <br /> Stat . 2004) . <br /> 6 . Proiect Bids : Developer and County shall prepare a mutually agreeable Bid Package and a <br /> mutually agreeable Prequalification Package for bids on the work described herein . Developer will <br /> advertise and seek construction bids from a minimum of two (2) contractors qualified to complete the <br /> work described herein . The project must be bid on DemandStar web site as required by the County <br /> Purchasing Division . Developer and County must agree on the Contractor selected . <br /> 7 . Stormwater Management : The Developer agrees to incorporate , at no cost to the County, <br /> sufficient capacity in Waterway Village to provide stormwater storage for the impervious area of 53rd <br /> Street from King ' s Highway (58th Avenue) to the eastern boundary of Waterway Village ; 43 `d Avenue <br /> from 491h Street to 53`d Street ; 491h Street improvements ; and 58th Avenue four-lane widening along the <br /> project frontage . The capacity shall be such as to accommodate the drainage for the described section of <br /> 53`d Street if and when it is widened to six lanes . As part of its design and construction of 53`d Street <br /> described herein, the Developer shall design, permit, and install drainage improvements to direct the <br /> drainage from the future widening of 53 `d Street to six (6) lanes . The County shall reimburse <br />the <br /> Developer for all incremental costs incurred to accommodate the increased drainage from a four-lane road <br /> to a six -lane road, such as, but not limited to , any increase in price for larger pipes . <br /> Further, the <br /> Developer ' s obligation shall be deemed satisfied when the County issues a Certificate of Completion for <br /> 53`d Street as a four-lane road . <br /> 8 . Insurance and Indemnification : During Developer' s performance of any construction in <br /> County right-of-way covered by this Agreement, Developer shall provide the County with evidence that <br /> Developer or the Developer' s Contractor has obtained and maintains the insurance listed below. <br /> A. Developer or Developer ' s Contractor shall procure and maintain for the duration of <br /> all construction contracts, insurance against claims for injuries to persons or damages to property <br /> Page 4 of 8 <br />
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