HomeMy WebLinkAbout2004-063 11Feb 11 04 01 : 52p Indian River County 772 - 770 - 5095 p . 2
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corporate, for use with
letter of credit
CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS
NO . SD-03 -0342CFCPH1 (2002040141 )
THIS CONTRACT, made and entered into thisday of
bV UGVY 2004 by and between Sunland Development, Inc . , a Florida
corporation , 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 Diamond Lake Subdivision , Phase One ; 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
March 23 , 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 .
1
FAattomeylnancy\DOCSTLAMk for con w loci diamond lakei.doc
Feb 11 04 01 : 52p Indian River County 772 - 770 - 5095 p , 3 '
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
approveds by the County, naming Developer as customer and
g k _, as the
underwriting bank , �h the amount of $934, 000 , 55 , 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 $ 1 , 000 , 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
2
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Peb 11 04 01 : 52p Indian River Counttj 772 - 770 - 5095 p . 4
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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
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 letters ) 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 loft purchaser(s ) , unless the County shall agree otherwise in writing .
g . 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 of
the County. Any amendment, deletion , modification , extension , or revision hereof or
hereto shall be in writing , executed by authorized representatives of both parties .
3
F:lattomeylnancylDOCS\PLAMk for con w loc diamond lakeLdoc
Feb 11 04 01 : 53p Indian River Countd 772 - 770 - 5095 p , 5
IN WITNESS WHEREOF , the parties hereto have set their hands and
seals on the day and year first above written .
SUNLAND DEVELOPMENT, INC . , a Florida
corporation
WITNESSES : DEVELOPER
sign : IA F
By:
printn e :�� YZ00JA/ Frank Young , President
Sig
print name : '
(affix corporate seal )
INDIAN RIVER COUNTY, FLORIDA
By:
Caroline D . Ginn , Chair n
ATI PST, effrey K. Ba , Ierk Board of County Commissioners
By: BCC approved : 03 - 23 - 2004
Deputy Clerk
APPROVED AS TO FORM
AND LEGAL SUFS11
:
r
By:
liiam G . ollins
-a - County Attorney
4
FAattomey5nancyT0CS\PLAMk for con w loc diamond lakei.doc
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SUMMARYMelboZumne , Florida 32901
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DIAMOND LAXXX..
PHASE 1
CATEGORY TOTAL ,
ADDITIONAL ITEMS $ / 1
LANDSCAPING $ ♦ , ' ooq
WALL $ 693725wOO lot 000
PAVING , DRAINAGE , 4
WATER , SEWER $ 764 , 767 . 55
i
TOTAL
$ 934YOW55
EXHI BIT " All
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ENGINEER
1680 W. Hibiscus Blvd Suite B
Ntelboume , Florida 32901
DIAMOND LAKE
PHASE Y
CERTIfTED COST ESTIMATE
ADDMONAL ITEMS
ITEM QUANITY UNIT UNIT TOTALS
STREET LIGHTS 5 EA 21000 . 00 10 , 000 . 00
SURVEYING INCL.
SETTING PCP 1 LS 87000 . 00 81000 . 00
ENGINEERING 1 LS 87000 . 00 80000 . 00
PUMP WELL/
IRRIGATION 1 EA 15 , 000 . 0.0 15 , 000 . 00
PUMP WELL
IRRIGATION 1 EA 71500 . 00 71500 . 00
SUBTOTAL $ 487500 . 00
+ 15 % S 72275 . 00
TOTAL $ 557775 . 00
' mak E'Al SOYKA
P, E ' 34009
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1680 W. Hibiscus Blvd Suite B
Melboume, Florida 32901
DL4LMOND LAKE
PHASE 1
CERTIFIED COST ESTIMATE
LANDSCAPINEi
BASED ON THE ATTACHED ITEMIZED BREAKDOWN (COPY ATTACHED) PROVIDED BY
THE LANDSCAPING ARCHITECT FOR THE PROJECT, THE FOLLOWING COSTS ARE
CERTIFIED
NORTH BUFFER ( DOUBLE FRONTAGE BUFFER ALONG OSLO RD )
SUBTOTAL $ 237307000 ,
SOUTH BUFFER (AC . BUFFER)
SUBTOTAL $ 149721 . 00
SUBTOTAL $ 38 , 028 . 00
+ 15% $ 5, 705 . 00
TOTAL $ 43 , 733 . 00
Soo
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PvE # 3400.9.
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Diamond Lake - Phase / Required Plantin
North Buffer opinion of COST
CTY SIoI 11111, 11110799
CANOPY / ORNAMENTAL TREES CO N A E R T O
1 11115 IE C HO REA ARKS
2Z IC• ILEX CASSINE DAHOON OLLY
23 PER PINUS E . I IOTTI 10 x 6 , 2" C q,S 1T c 5 s e•
oT.
LARGE 8 RUB / III :CCENT SLASH PINE FULL CA OPY
II
200 ELP' EL ON SPU 11:11111118 8 O.A A S FULL CANOPY 3260.00
SILVERY ORNE 3150.00 35 , 500 . 00
60 IXO IXORA ' NORA GRANT' #3, 2' x 2 $ 3 450, 00
404 VIS VIBURNUM SUSPENSUM PINK MORA 2' O.C. FULL
MED, SHRUBS / ORO NDCOVERB / NE8 SANDANKWA VIBURNUM #3, 2 x 2 2' O.C, FULL b THICK 510.00
#J 2' x 2' 2' O.C. FULL d THICK 32, 000:00
70 LAM LANTAN MONTEVIDENSIS PUSill 1 RPLELANT NA ! 10.00 3600 , 00
1 �0 NEM ' NEPHROPHYLIS BISERRATA MACHO FERN # 1 , 12" x 12" 510.00 $ 4040. 0o
751 NEB ' NEPHROLEPIS EXALTATA 24" O.C. FULL b THICK
BOSTON FERN # 1 , 12" x 12" 24" O.C, FULL & THICK 38.00
1111k . . 111111111111111N1 '12" X12" 18400 FULL ✓s THICK 5420 . 00
MISC, LANb CAPE ITEMS 38.00 $ 780, 00
63 BHREDDEO CYPRESS MULCH 38.00 $4808. 0o
1 FER ILIZERS / ADDI I S UNIT REMARKS/DESCRIPTION SUB TOTAL - PLANTS 320 868 . 00
CUBIC U 106 S. F ® 3" DEEP NIT COST SUB-TOTAL
LUMP SUM 1800 AGRIFORM 20: 10:5 . 21 ORA TABLETS 527.00
51 , 701 . 00
e6o.Do esD, 11
TOTAL LANDSCAPE COST SUB TOTAL - EXTRAS 32 3et . DD
South Buffer
oTr d YM Ecle MINOR $ 23 307s00
C OPY / ORNAMENTAL TREES C MON A e/DE CR PTI N S1Ze
8 KS • KOELREUTERI LEO 8 SPACI G RE K
8 LI LAGERSTROEMIA INDICA 00 DEN RAI TREE iD' x 6', 2" CAL. A.S, N COST UB- TOT.
13 MC• MYRICA CERIFERA CREPE MYRTLE RED 6' O A , t ' CAL q S F LL CANOPY,
J2 0 QUERCUS VIRGINIANA WAX MYRTLE 5' O A 1 ' CAL A g FULL CANOPY, MULTI-TRUNK $250.00 14500. 00
LAROB HRU98 CCENTB LIVE OAK 10' x 6' 2" Oql, A S FULL CANOPY, MULTI-TRUNK 3150.00 318200, 00
162 ELP ' ELEAON 8 P OEN9 FULL CANOPY 5' C, T. MIN. $ 160. 00 s1 , e5D. 00
SILVERY ORNE N3 2' x 2' 2' O3250,00 $ 81000. 00
�lli1851 DSCAPE ITEMS . C. FULL
13 SHREDOEO CYPRESS MULCH 310.00 31 620.00
1 FERTILIZERS / ADD NIT REMARKS
/DESCRIPTION 8U8 TOTAL • PLANTS $ 14, 170 . 00
CUBIC YD, 105 S. F Q3 3" DEEP NIT COST SUS•TOTAL
LUMPBUM 600 AORIFORM 20: 10:5 . S27.00 3351 . 00
21 GRAM TABLETS 200.00
SUB TOTAL - $ 261. 00
TOTAL LANDSCAPE C08T EXTRAS $ 661 . 00
TOTAL PHASE I PROJECT LANDSCAPE COST $ 14 , 721 , 00
$ 381028 . 00
1
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,ENGIN
1680 W. Hibiscus Blvd Suite B
Melboume, Florida 32901
DL4MOND LAKE
PHASE Y
CERTIFIED COST ESTIMATE
FOR WALL -
BASED ON THE ACTUAL WALL CONTRACT (COPY ATTACHED) FOR THE PROJECT THE
FOLLOWING COSTS ARE CERTIFIED :
NORTH BUFFER
ITEM QUANITY UNIT UNITS TOTAL
6 " MODULAR
WALL 740 LF 43/LF 31 , 820 . 00
SOUTH BUFFER
ITEM QUAN_ UNIT UNIT$ TOTAL$
6 " MODULAR
WALL 670 LF 43 /LF 28 , 810 . 00
SUBTOTAL $ 60 , 630 . 00
+ 15 % $ 97095 . 00
TOTAL $ 69 , 725000
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ENGINEER
1680 W. Hibiscus Blvd Suite B
Melboume , Florida 32901
DIAMOND LAKE
PHASE 1
CERTIFIED COST ESTIMATE
PAVING , DRAINAGE, WATER, AND SEWER IMPROVEMENTS
BASED ON THE ACTUAL ITEMIZED CONTRACT(COPY ATTACHED ) FOR
THE PROJECT THE FOLLOWING AMOUNTS ARE CERTIFIED FOR WORK
THAT HAS BEEN COMPLETED AS OF JANUARY 23 , 2004.
ITEM TOTAL COMPLETED TOTAL
AMOUNT BY 1/23M4 REMAINING
MISCELLANEOUS $ 1231412 . 60 $ 97 , 540 . 00 $ 25 , 872 . 60
CLEARING &
DEMOLITION $ 1401130 . 00 $ 121 , 880 . 00 $ 18 , 250 . 00
EARTHWORK &
GRADING $495 , 622 . 50 $495 , 622. 50 -0_
STORM DRAIN $ 183 , 360 . 85 $ 62 , 443 . 15 $ 120 , 917 . 70
SANITARY SEWER A) $ 286 , 426 . 00 $ 143 , 250 . 00 $ 143 , 176 . 00
8 ) $ 1101189 . 25 -0 - $ 1101189 . 25
C ) $ 1041153 . 80 $ 102 , 853 . 80 $ 1 , 300 . 00 d1(ww'
POTABLE WATER $ 761730 . 00 -0 - $ 76 , 730 . 00
CONCRETE CURBING $ 361705 . 00 -0- $ 36 , 705 . 00
ROADWAY $ 169 , 534 . 00 $ 46 , 075 . 00 $ 123 , 459 . 00
GRASSING $ 25 , 160 . 00 $ 16 , 745 . 00 $ 81415 . 00
SUBTOTAL $ 665 , 014. 55
+ 15 % $ 99 , 753 . 00
TOTAL $764 , 767 . 55
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