HomeMy WebLinkAbout2004-228 v lo
aLI . ZZ
South Lakes Subdivision
for use with letter of credit
CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS
NO . SD -03 -05 - 15 -CFC (2002120150 -40095)
THIS CONTRACT , made and entered into this 121L day of
Octnh - r , 2004 by and between South Lakes , L . L . C , a Florida limited
liability company, hereinafter referred to as " Developer, " and INDIAN RIVER
COUNTY , a political subdivision of the State of Florida , by and through its Board of
,
County Commissioners , hereinafter referred to as County .
WITNESSETH :
WHEREAS , Developer is commencing proceedings to effect a subdivision
of land within Indian River County, Florida ; and
WHEREAS , a final plat of the subdivision within the unincorporated area
of Indian River County shall not be recorded until the Developer has installed the
required improvements or has guaranteed to the satisfaction of the County that such
improvements will be installed ; and
WHEREAS , Developer requests the approval and recordation of a certain
plat to be known as South Lakes. Subdivision ; and
WHEREAS , the required improvements are to be installed after
recordation of this plat under guarantees posted with the County .
NOW , THEREFORE , IN CONSIDERATION OF THE MUTUAL
COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as follows :
1 . Developer agrees to construct on or before October 5 , 2005 , in a
good and workmanlike manner, those improvements described as follows :
See Exhibit "A" attached hereto
or otherwise required by the Indian River County Code in connection with the approval
of said plat. A copy of the plat shall be recorded in the Public Records of Indian River
County , Florida upon the final approval of the Board of County Commissioners and
made a part hereof for all purposes .
FAattorney\nancy\DOCS\PLAN\k for con w loc south lakes .doc 1
a
2 . Developer agrees to construct said improvements strictly in
accordance with the land development permit , the most recent set of plans and
specifications for this subdivision approved by the County and on file in the Planning
and Development Division , and all County development regulations and standards ,
including conditions and requirements of any applicable County right-of-way permit , all
of which are hereby incorporated by reference and made a part hereof.
3 . In order to guarantee performance of this contract , Developer shall
simultaneously herewith furnish an irrevocable letter of credit, having an expiration date
of not less than ninety (90 ) days beyond the date set forth in Paragraph 1 , provided by
a banking institution authorized to transact such business in this state , in a form to be
approved by the County, naming Developer as customer and
First National Bank and Trust Company of the . Treasu Coast , as the
underwriting bank , in the amount of $ 389 , 169 . 59 , which amount is not less than one
hundred fifteen percent ( 115 % ) of the estimated total cost of improvements remaining
to be constructed , as determined in accordance with the County's Subdivision and
Platting Ordinance . It is understood that the full amount of the letter of credit shall
remain available to the County and shall not be reduced during the course of
construction unless approved in writing by the County' s Public Works Director pursuant
to Indian River County Code Section 913 . 10 . Requested reductions shall not be
unreasonably withheld by the County. Developer may at any time substitute
guarantees , subject to the approval as to form and amount by the County .
4 . Up to $ 19000 , 000 . 00 , or the limits of any applicable underlying or
excess insurance coverage carried by Developer or to be obtained during the course of
the construction of the subdivision improvements , Developer agrees to indemnify, hold
harmless , and defend the County against any and all claims , damages , losses , and
expenses , including attorney's fees , for property damage , personal or bodily injury, or
loss of life , arising from the negligent acts or omissions of the Developer, its officers ,
employees , agents , or contractors , subcontractors , laborers , or suppliers , relating to the
construction of the required improvements , including all those improvements to be
constructed on existing publicly dedicated or County-owned property, such as street ,
sidewalk , bikepath , lighting , signalization , traffic control , drainage , water, or sewer
improvements .
5 . The County agrees to approve the plat for recordation in the Public
Records of Indian River County, Florida upon a finding as to compliance with all
applicable provisions of the County's Subdivision and Platting Ordinance and upon
execution hereof. The County shall accept those areas specifically dedicated to the
County for the purposes indicated on the plat at the time of plat recordation . However,
nothing herein shall be construed as creating an obligation upon the County to perform
any act of construction or maintenance within such dedicated areas until such time as
the required improvements are satisfactorily completed . Satisfactory completion in
accordance with the land development permit , plans , specifications , and ordinance
requirements of Indian River County shall be determined by the County and shall be
indicated by specific written approval of the Public Works Director or his designated
F:\attorney\nancy\DOCS\PLAN\k for con w loc south lakes.doc 2
representative , after receipt of a signed and sealed Certificate of Completion from the
project engineer of record .
6 . In the event the Developer shall fail or neglect to fulfill its
obligations under this contract and as required by the Indian River County Code , the
Developer, as principal , and the letter(s ) of credit shall be jointly and severally liable to
pay for the cost of construction and installment of the required improvements to the final
total cost, including but not limited to engineering , construction , legal and contingent
costs , including reasonable attorney's fees incurred by the County , together with any
damages , either direct or consequential , which the County may sustain as a result of
the failure of Developer to carry out and execute all provisions of this contract and
applicable ordinances of the County. In no event, however shall the liability of the
underwriting bank under this paragraph exceed the total amount of the original
obligation stated in the letter(s ) of credit , less any approved reductions thereto .
7 . The parties agree that the County at its option shall have the right,
but not the obligation , to construct and install or, pursuant to receipt of competitive bids ,
cause to be constructed and installed the required improvements in the event
Developer shall fail or refuse to do so in accordance with the terms of this contract .
Developer expressly agrees that the County may demand and draw upon the existing
letter(s ) of credit for the final total cost of the improvements . Developer shall remain
wholly liable for any resulting deficiency, should the letter(s ) of credit be exhausted prior
to completion of the required improvements . in no event shall the County be obligated
to expend public funds , or any funds other than those provided by the Developer, or the
underwriting bank to construct the required improvements .
8 . Any letter(s ) of credit provided to the County by Developer with
respect to this contract shall exist solely for the use and benefit of the County and shall
not be construed or intended in any way, expressly or impliedly, to benefit or secure
payment to any subcontractor, laborer, materialman or other party providing labor,
material , supplies , or services for construction of the required improvements , or to
benefit any lot purchaser(s ) , unless the County shall agree otherwise in writing .
9 . This agreement is the full and complete understanding of the
parties and shall not be construed or amplified by reference to any other agreement ,
discussion , or understanding , whether written or oral , except as specifically mentioned
herein . This agreement shall not be assigned without the express written approval d
the County. Any amendment , deletion , modification , extension , or revision hereof or
hereto shall be in writing , executed by authorized representatives of both parties .
FAattorney\nancy\DOCS\PLAN\k for con w loc south lakes.doc 3
IN WITNESS WHEREOF , the parties hereto have set their hands and
seals on the day and year first above written .
SOUTH LAKES , L. L . C . ,
a Florida limited liability company
Si ned in the presence of: DEVELOPER
S
print name :
S/trLJvoe ✓t 1, , 446 ttT B
print na e : 0761 K
mes R . Adams , Manager/Member
INDIAN RIVER COUNTY , FLORIDA-
B L-�Z Z �-Fc' Z�
Y �� � L &
Caroline D . Ginn , Chairm ' n
ATTEST : Jeffrey K . Barton , Clerk Board of County Commissioners
By: BCC approved : October 12 , 2004
Deputy Clerk
APPROVED AS TO FORM
AND LEGAL SUFFICIENCY:
William G . Collins II
County Attorney
4
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JOSEPH W. SCHULKE, RE. SCHULKE , BITTLE & STODDARD , L . L . C .
JODAH B. BITTLE, P. E.
WILLAIM P. STODDARD, Ph. D. , P. E. CIVIL & STRUCTURAL ENGINEERING • LAND PLANNING • ENVIRONMENTAL PERMITTING
Engineers Certified Cost Estimate — South Lakes Subdivision
I, Joseph W. Schulke, P . E . , A Florida registered engineer, License No . 47048 , do hereby
certify to Indian River County that a cost estimate has been prepared under my
responsible direction for those improvements itemized in this exhibit and that the total
cost estimate for said improvements is $ 389 , 169 . 59 , and represents the estimated cost to
construct the remaining required improvements plus a 15 % contingency. This estimate
has been prepared, in part, to induce approval by the county of a final plat for South
Lakes Subdivision, and for the purpose of establishing proper surety amounts associated
therewith.
_ Date :
Josep'-- '. Sch;�ike. E . No . 47048
EXH
I T A
1717 INDIAN RIVER BLVD. , SUITE 301, VERO BEACH , FLORIDA 32960
TEL 772 / 770-9622 Fax 772 / 770-9496 EMAIL sbseng@bellsouth . net
Construction Cost Estimate for South Lakes for Bond
tQ 9/ 13/2004
UNIT QUANTITY UNIT PRICE TOTAL COMPLETE AMOUNT REMAINING
Roadway On-Site
v Mobilization LS 1 S 10,000. 00 $ 10,000. 00 80% $8 ,000.00 $ 2 ,000 . 00
Silt Fence LF 7,857 $ 1 . 15 $ 9,035 . 55 80% $7,228 .44 $ 1 , 807 . 11
Clear, Grub, & Grind AC 60 $ 17800 .00 $ 108,000.00 80% $ 86,400 . 00 $21 ,600.00
Mow & Disk AC 57 $ 100 .00 $ 5 ,700 .00 80% $47560 .00 $ 1 , 140.00
Excuvation CY 304,911 $ 1 .25 $ 381 , 138 . 75 80% $304,911 .00 $ 76,227.75
Embankment Cy 166,654 S 0. 20 $ 33 ,330 . 80 80% $26 ,664.64 $ 6,666. 16
Grade Lots SY 128, 195 $ 0.25 $ 322048 . 75 80% $25,639 .00 S . 67409. 75
Grade Paved Areas SY 169668 $ 0.90 $ 15 ,001 .20 80% $ 12 ,000. 96 $ 3 ,000. 24
Grade Green Areas SY 239165 $ 0.20 $ 4,633 . 00 80% $39706.40 $ 926.60
Final Dress for Sod LS 1 $ 15 ,000.00 $ 15,000.00 80% $ 12,000. 00 $ 32000.00
Grade Lake Slopes SY 24,258 $ 0.40 $ 91703 .20 80% $7,762.56 $ 1 ,940.64
8' Stabilized Subgradc SY 169668 $ 1 . 65 $ j2500.00
02 .20 80% $229001 . 76 $ 5 ,500.44
6" Rock Base SY 14,816 $ 4. 85 $ 57. 60 750%/ $539893 .20 $ 177964.40
Asphalt ( I " Type S-3 ) SY 14,816 $ 2 . 85 $ 25 . 60 75% $31 ,669.20 $ 109556 .40
Striping & Signage LS i $ 21500.00 $ 0% $0.00 $ 2 ,500 .00
Miami Curb LF 11 , 112 $ 6.75 $ 75,006.00 80% $60,004. 80 $ 15 ,001 . 20
D Curb LF 339 $ 7 .50 $ 21542 .50 80% $29034.00 $ 508 .50
Sod Lake Slopes LF 9,867 $ 1 . 25 $ 12 ,333 . 75 80% 59, 867.00 $ 2 ,466 . 75
Sod Back of Curb LS 29475 $ 1 .25 $ 31093 .75 80% $2,475.00 $ 618 .75
Grade & Sod 13th St SW LS 1 $ 5,000.00 $ 5 ,000.00 0% $0.00 $ 51000.00
Subtotal $ 865 ,652. 65 $6801817,96 $ 184,834.69
SANITARY SEWER
MANHOLES
Cut 0-6 EA 5 gS
1 ,500.00 $ 7 ,500.00 100% $7,500.00 $0.00
Cut 6-8 EA 10 1 ,895 .00 $ 189950.00 100% $ 189950.00 $0. 00
Cut 8- 10 EA 3 2, 100.00 $ 69300.00
100% $6,300.00 $0 .00
Cut 10- 12 EA 2 2,300.00 $ 4,600.00 100% $4,600.00 $0.00
8 " PVC PIPE
Cut 0-6 LF 19305 $ 15.00 $ 19,575. 00 100% $ 19,575.00 $0.00 J �j
Cut 6-8 LF 1 ,865 $ 20.00 $ 37,300.00 100% $37,300.00 $0.00
Cut 8- 10 LF 19174 $ 25 .00 $ 29,350.00 100% $29,350.00 $0.00
Cut 10- 12 LF 628 S 35 .00 $ 21 ,980.00 100% $217980. 00 $0.00
Cut 12- 14 LF 0 $ $ 0% $0.00 $0.00
Services EA 104 $ 345 .00 $ 359880.00 100% $35 ,880.00 $0.00
T.V. Test LS 1 $ 5,447.00 $ 5 ,447.00 100% $5447.00 $0.00
Tie Into Existing MH LS 0 $ - $ - 0% $0.00 $0.00
Lift Station LS 1 $ 98 ,358.00 $ 98,358.00 95% $939440. 10 $49917 .90
FORCE MAIN Subtotal $ 2859240.00 $2809322. 10 $4,917.90
4" PVC LF 19688 $ 9.00 $ 15 , 192 .00 100% $ 15, 192.00 $0.00
6" PVC LF 640 $ 11 .00 $ 7,040.00 100% $79040.00 $0.00
4" DIRECTIONAL BORE LF 100 $ 45 .00 $ 4,500.00 100% $4,500.00 $0.00
6" PLUG EA 2 $ 450.00 $ 900.00 100% $900.00 $0.00
6 X 4 TEE EA 1 $ 600.00 $ 600.001! 100% $600.00 $0.00
6" GATE VALVE EA 1 $ 800.00 $ 800 .00 100% $800.00 $0.00
4" 90 BENDS EA 3 $ 375.00 $ 19125.00 100% $ 1 , 125.00 $0.00
4" 22 .5 BENDS EA 3 $ 300.00 $ 900.00 100% $900.00 $0.00
4" GATE VALVES EA 1 $ 500.00 $ 500.00 100% $500.00 $0.00
PRESSURE TEST LS 1 $ 500.00 $ 500.00 50% $250.00 $250.00
CONNECT TO EXISTING LS I $ 500 .00 $ 500 . 00 100% $500. 00 $0 .00
Subtotal $ 32,557.00 1 $32,307 .00 $250. 00
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Water On-Site
6" C-900 LF 55777 $ 8 . 00 $ 46,216 .00 100% $469216 .00 $0 .00
GATE VALVE 6" EA 9 $ 675 .00 $ 69075 .00 100% $6,075 .00 $0 .00
6" 45 BENDS EA 4 S 240.00 $ 960 . 00 100% $960.00 $0.00
6" 22 . 5 BENDS EA 7 $ 210 .00 $ 1 ,470.00 100% $ 1 ,470 .00 $0 . 00
6 " 90 BENDS EA 0 $ 250.00 $0.00 100% $0.00 $0.00
6 " X6"X6" TEE EA 3 $ 375 . 00 $ 1 , 125 .00 100% $ 1 , 125 . 00 $0 .00
FIRE HYDRANT ASSEMBLY EA 5 $ 2 ,943 .00 $ 14,715 .00 100% $ 143715 .00 1 $0 .00
8 " PVC PIPE LF 864 S 14. 50 $ 129528 .00 100% $ 12 ,528 .00 $0 .00
8 " PLUG EA 2 $ 275 .00 $ 550 .00 100% $550.00 $0 .00
8 " 90 BENDS EA I S 285 .00 S 285 .00 100% $285 . 00 50 .00
8 " GATE VALVE EA 3 S 950.00 S 2 , 850 .00 100% $21850 . 00 $0 .00 <; / l
8X6 TEE EA 2 $ 476. 00 $ 952 .00 100% $952 .00 $0.00
8 " 45 BENDS FA 2 5 275 . 00 S 550 . 00 100% 5550 . 00 50 . 00
8 " DIRECTIONAL BORE LF 110 S 35 .00 $ 31850 . 00 100% $39850 .00 $0.00
16X8 TSV LS 1 $ 3 ,950 . 00 $ 3 ,950 .00 100% $3 ,950 .00 $0.00
SINGLE SERVICES EA 104 S 350.00 $ 369400.00 90% $329760 . 00 $3 ,640.00
BLOW OFF EA 2 S 546 .00 $ 11092 . 00 100% 514092 .00 $0 .00
TEMP JUMPER EA 1 $ 750. 00 $ 750.00 100% $750 .00 $0.00
SAMPLE POINTS EA 4 $ 250 .00 $ 11000 . 00 100% $ 1 ,000.00 $0 .00
PRESSURE TEST LS 1 $ 500 .00 $ 500 .00 100% $500 . 00 $0.00
CH WATERLINE LS 1 $ 500.00 S 500 . 00 100% 5500.00 $
CONNECT TO EXISTING LS 1 $ 500. 00 $ 500 .00 100% $500 . 00 $0.00
i
Subtotal $ 1369818 .00 1 $ 133 , 178 .00 $ 3 ,640 .00
Drainage
I CONTROL STRUCTURE EA 1 $ 19100.00 $ 19100.00 80% $880 .00 $220 . 00
Q' MODIFIED MIAMI INLETS EA 17 $ 19700.00 $ 28,900 . 00 80% $23 , 120.00 $5 ,780.00
STORM MANHOLES EA 1 $ 11650 .00 $ 1 ,650.00 80% $ 1 ,320 .00 $330.00
TYPE C INLETS EA 3 $ 11100.00 $ 31300 .00 80% $2,640.00 $660.00
ADS 12 " LF 334 $ 9 . 00 $ 3 ,006 .00 80% $29404. 80 $601 . 20
ADS 15 " LF 340 $ 10. 50 $39570 .00 80% $29856 . 00 $714.00
ADS 18" PERP LFE320
0 $ 14 . 50 $ 2 ,030.00 80% $ 1 ,624.00 $406 .00
ADS 18 " LF 81 $ 14. 50 $ 179124 . 50 80% $ 13 ,699 .60 $3 ,424 . 90
ADS 30" PREP LF0 S 33 . 50 S 1 , 340 . 00 80% 511072 . 00 5268 . 00
ADS 30" LF $ 33 .50 $ 109720.00 80% $89576 .00 $29144.00
18 " CMP LF 107 $ 23 . 00 $ 2 ,461 . 00 80% $ 1 ,968 . 80 $492 . 20
15 " CMP LF 76 $ 18 . 50 $ 1 ,406 .00 80% $ 19124 . 80 $281 .20
30" CMP LF 38 $ 45 . 00 $ 1 , 710 . 00 80% 51 , 368 . 00 5342 . 00
12" CMP LF 0 $ 10.00 $0 .00 0% $0.00 $0 . 00
15 "CAP LF 165 $ 21 .50 $ 3 ,547 . 50 80% $29838 .00 $709. 50
83 X 57 ACCMP LF 90 $ 215 .00 $ 19,350 .00 80% $ 159480 .00 $39870 .00
HEADWALLS EA 2 $ 129500.00 $ 259000.00 80% $20,000.00 $59000.00
HAY BALES EA 20 $ 5 .00 $ 100 . 00 80% $80 .00 $20.00
CONCRETE COLLAR EA 1 $ 250.00 $250.00 80% $200.00 $50 . 00
Subtotal $ 126,565 . 00 $ 101 ,252 . 00 $25 ,313 .00
Electrical
Electric Service LS 1 $ 28 ,091 .00 $ 28 ,091 . 00 75% $21 ,068 . 25 $ 7,022. 75
Subtotal $ 28 ,091 .00 $21 ,068 .25 $ 7 ,022 . 75
S
Landscape
North Property Line Buffer
6' Wall EA 19100 $ 50.00 $ 55 ,000 .00 75% $41 ,250 .00 $ 13 , 750.00
West Property Line Buffer
Trees EA 64 $ 200.00 $ 129800 .00 0% $0.00 $ 12, 800.00
Trees Understory EA 26 $ 80.00 $ 29080.00 0% $0.00 $ 2,080.00
Shrubs EA 508 $ 10.00 $ 51080.00 0% $0.00 $ 5,080.00
Irrigation LS 1 $ 69000.00 $ 6 ,000.00 0% $0.00 $ 69000.00
South Property Line Buffer
6' Wall EA 635 $ 50.00 $ 31 ,750.00 60% $ 199050.00 $ 12,700.00 � l
East Property Line Buffer ��
Trees EA 73 $ 200.00 $ E4,860.00
600.00 0% $0.00 $ 14,600.00
Trees Understory EA 37 $ 80.00 $ 960.00 0% $0.00 $ 2,960.00
Shrubs EA 486 $ 10.00 $ 0% $0.00 $ 49860.00
Irrigation LS 1 $ 61000.00 $ 69000.00 0% $0.00 $ 61000.00
Q Subtotal $ 141 , 130.00 $60,300.00 $ 80,830.00
t� Professional
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Q.• Engineering LS 1 $ 10,000.00 $ 107000.00 80% $8 ,000.00 $ 2,000.00
Construction Staking LS 1 $ 185000.00 $ 18,000.00 80% $ 14,400.00 $ 3 ,600.00
As Built Drawing LS 1 $ 16,000.00 $ 169000.00 0% $0.00 $ 16,000.00
Surveying PCP, PRM LS l $ 81500.00 $ 89500.00 0% $0.00 $ 8 ,500.00
Maintenance of Mounments LS 1 $ 17500.00 $ 19500.00 0% $0.00 $ 1 ,500.00
Subtotal $ 54,000.00 $22,400.00 $ 31 ,600.00
TOTAL AMOUNT REMAINING
Roadway On-Site $ 865 ,652 . 65 $680, 817 . 96 $ 184,834.69
Sanitary Sewer $ 285,240.00 $2809322. 10 $ 49917 . 90
Force main $ 32,557.00 $329307.00 $ 250.00
Water On-Site $ 1369818.00 $ 1339178 .00 $ 3 ,640.00
Drainage $ 126,565 .00 $ 101 ,252.00 $ 25,313 .00
Electrical $ 28 ,091 .00 $21 ,068.25 $ 7,022 . 75
Landscape $ 141 , 130.00 $609300.00 $ 809830.00
Prossional $ 54,000.00 $22,400.00 $ 319600.00
SUBTOTAL $ 1 ,670,053 .65 $ 19331 ,645 .31 $ 3389408 .34
BOND AMOUNT 115% OF $ 338 ,408 .34 = $ 389, 169.59
Date : �t44
Josepfi W . Sc : Ike , _ - E . No. 47048