2006-060 - Laserfiche WebLink

Home Browse Search

b. A southbound left turn lane on 58`h Avenue at 77`h Street, although not an improvement necessary to accommodate increased traffic generated by the Tuscany Lakes Subdivision, is necessary to accommodate increased traffic generated by anticipated growth in Indian River County, and the construction is cost effective when completed concurrent with the aforementioned northbound left turn lane. c. The estimated cost of the intersection improvements at 77`h Street/58`h Avenue is $421 ,707. 18, of which the DEVELOPER' S share is 50%, or $210,853 . 59, and the COUNTY' S share is 50%, or $210, 853 . 59 . d. Prior to issuance of any project building permits, the DEVELOPER shall design and construct the intersection improvements at 77`h Street/581h Avenue. Upon completion and acceptance by the COUNTY, the COUNTY shall reimburse the DEVELOPER the sum of $210, 853 . 59 or 50% of the actual cost, whichever is less. 3 . To further accommodate increased traffic generated by the Tuscany Lakes Subdivision, the COUNTY will be required to make improvements to the intersection of 451h Street/581h Avenue in the amount of $747,921 .08, of which the DEVELOPER' S share is 2. 85 % or $21 ,315 . 75 . The DEVELOPER shall pay to the COUNTY the sum of $21 ,315 .75 prior to issuance of a land development permit as a contribution for construction of the intersection improvements at 45`h Street/58`h Avenue. 4 . With regard to intersection improvements at 77`h Street/58`h Avenue, the DEVELOPER shall be responsible for all construction coordination including construction inspection. The DEVELOPER shall provide the COUNTY with plans and specifications for the 77`h Street/581h Avenue intersection improvements for review and approval . Once the DEVELOPER has amended the plans in conformance with COUNTY comments, the COUNTY shall approve all design plans, permit applications, and contract documents prior to construction of 77`h Street/581h Avenue. The DEVELOPER shall use the County ' s public competitive bid process for construction of the intersection improvements, and Developer further agrees fully and timely to cooperate with the COUNTY in the public competitive bidding of the construction. The DEVELOPER shall timely provide the Indian River County Purchasing Division with sufficient information, including the nature of the project, where the plans may be purchased, the purchase price of the plans in an amount not to exceed One Hundred Dollars ($ 100 . 00), the proposed date of bid opening, and all other required competitive bid details to ensure compliance with §255 .20 Fla. Stat. (2003) and to ensure sufficient public notice of the construction of improvements described in this paragraph to enable the COUNTY to post a notice on DemandStar. The DEVELOPER agrees that the Indian River County Purchasing Division shall conduct the public competitive bid process for the construction of the improvements in this paragraph to obtain bona fide bids from licensed and qualified contractors, and such bids to be publicly opened and read aloud. The DEVELOPER shall cause the DEVELOPER' S engineer to review the