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HomeMy WebLinkAbout2018-292The Reserve At Grand Harbor PD Phase 1, Plat 33 A TRUE COPY CERTIFICATION ON LAST PAN- J.R. SMITH, CLERK MODIFICATION TO CONTRACT FOR CONSTRUCTION FOR FINAL LIFT OF ASPHALT CONTRACT NO. PD -13 -10 -03 -FLA (2001020101-77703) THIS MODIFICATION, made and entered into this 18th day of. December, 2018, by and between GH VERO BEACH DEVELOPMENT LLC, a Delaware 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 entered into a Contract for Construction for Final Lift of Asphalt, Contract No. PD -13 -10 -03 -FLA (2001020101-77703) guaranteeing the installation of the final lift of asphalt the earlier of 2 years from the project's projected Certificate of Completion (December 16, 2016) or 60 days prior to turnover to homeowner associationor prior to certificate of occupancy for the last residence in this phase of the subdivision; and the Developer posted cash in the amount of $212,131.88 as security to guarantee completion and entered into a Cash Deposit and Escrow Agreement For Final Lift of Asphalt; and WHEREAS, the developer has 1. requested an additional 2 -year extension to December 16, 2020 to install the final lift of asphalt, as allowed by code; 2. provided an- updated certified cost estimate attached as Exhibit "A" which amount has been approved by County engineering and did not change from the initial cost estimate; and 3. paid the required $660.00 extension fee request to County. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES HEREIN CONTAINED, the parties agree as follows: 1. The date for completion of the final lift of asphalt. as outlined in the Contract for Construction for Final Lift of Asphalt, Contract No. PD -13 -10 -03 -FLA (2001020101-77703) is extended to December 16, 2020. A TRUE COPY CERTIFICATION ON LAST PAGE J,R, SMITH, CLERK 2. The $212,131.88 shall continue to be held in escrow for the guaranty for the final lift of asphalt and represents 125% of the cost of the final lift of asphalt to be 'completed as evidenced by developer's engineer's updated certified cost estimate as approved by County engineering, attached as Exhibit "A„ 3. The extension, fee in the amount of $660.00 established by Resolution No. 2005-041 and pursuant to Section 913.10(1)(G) of the. Indian River County Code has been paid. 4. All other terms set out in the Contract for Construction for Final Lift of Asphalt, Contract No. PD -13 -10 -03 -FLA (2001020101-77703) remain in full force and effect as well as the Cash Deposit and Escrow Agreement For Final Lift of Asphalt. IN WITNESS WHEREOF, the parties hereto have set their hands and seals on the day and year first above written. GH VERO BEACH DEVELOPMENT LLC, a Dela . a e limited liability company DEVELOPER By: printed r ame: Authorized Signatory INDIAN RIVER C OUNTY, FLORID�t•°�..•'' "•- ��. °�. by and through its Board of County CommissionersCOUI ` y ca I ATTEST: Jeffrey R. Smith, Clerk of Court and Comptroller By: ' 1 Bob Solari, Chairman ••!v�y �to�oPv By: q1)11a& ,-��f-4dl) Deputy Clerk BCC approved: December 18, 2018 APPROVEb AS TO FORM AND L AL OF 0 I CY B " c. wlL{A ii, UEBRAAL gamyT749UN 'YATTORKY 2 EXHIBIT "A" LMJ MASTELLER & MOLER, INC. M — CIVIL ENGINEERS ^- RESERVE AT GRAND HARBOR (PHASE 1) CERTIFIED COST ESTIMATE Fi N L.LIFT;!SPHALT 12/5/2018 Description Quantity Unit Unit Price TOTAL Mobilization 1 LS $3,500.00 $3,500.00 1.0" SP 9.5 - 2nd Lift (Grand Harbor Reserve Sq.) 3,321 SY $9.00 $29,889.00 Mill Existing Asphalt (1.5") 9,579 SY $3.00 $28,737.00 Overlay w/ 1.5" SP 9.5 Asphalt 9,579 SY $10.50 $100,579.50 Restripe Pavement 1 LS $4,000.00 $4,000.00 Reset PCP's 1 LS $3,000.00 $3,000.00 TOTAL $169,705.50 Surety Amount (125%) $212,131.88 CERTIFICATE OF COST ESTIMATE L✓/U6- I, Stephen E. Moler, a Florida registered engineering, License No. 33193, do hereby certify to Indian River County that this cost estimate has been prepared under my responsible direction for those improvements itemized in this exhibit and that the total cost estimate is true and accurate to the best of my knowledge. This estimate has been prepared, in part, to induce approval by the County of a final plat for the Reserve at Grand Harbor Phase 1 project, and for the purpose of establishing proper surety amounts associated therewith. Stephen E. Moler, Vice President J 631-93 • •� + >� r00 1 AJ - 4 R IO,P.••4�',c 701VA t_ EN�N`'',�,� r11111/111111111�11` STATE OF FLORIDA INDIAN RIVER COUNTY THIS IS TO CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF THE ORIGINAL ON FILE IN THIS OFFICE. N JEFFRE R. SMI H, ERK at' _ D.C. DATE / File#1357 1655 27th Street, Suite 2 Page 1 of 1 ADMIN\Construction\Maintenance Bond Estimate Vero Beach, Florida 32960 (PerformanceBond FinalLiftAsphalt_Extension_18-1205.xlsx) (772) 567-5300