HomeMy WebLinkAbout2021-057The Reserve At Grand Harbor PD Phase 1, Plat 33
ATRUE COPY
CERTIFICATION ON LAST PAGE
J.R. SMITH, CLERK
SECOND MODIFICATION TO
CONTRACT FOR CONSTRUCTION FOR FINAL LIFT OF ASPHALT
CONTRACT NO. PD -13 -10 -03 -FLA (2001020101-77703)
THIS SECOND MODIFICATION, made and entered into this 13th day of
April , 2021, 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 date of Certificate of Completion (December 16, 2016) or -
60 days prior to turnover to homeowner association or 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, in December, 2018, Developer was granted an additional 2 -
year extension to install the final lift of asphalt and entered into a Modification to
Contract for Construction for Final Lift of Asphalt, extending the expiration date
to December 16, 2020, with the existing cash security continuing to be held to
guarantee completion; and
WHEREAS, the developer has
1. requested an additional 2 -year extension to December 16, 2022 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 2018 updated 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:
A TRUE COPY
CERTIFICATION ON LAST PAGE
J.R. SMITH, CLERK
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), as modified, is extended to December 16, 2022.
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), as modified,
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.
ATTEST: Jeffrey R. Smith, Clerk
of Cou/^rttand Comptroller
By:
Deputy Clerk
Approved as to form
and legaallsicie y:
By: IM a
William K. DeBraal
Deputy County Attorney
GH VERO BEACH DEVELOPMENT
LLC
d VDEVELOPER
By:
printe name: %,49 Z /> 1�41W
Authorized Signatory (President)
INDIAN RIVER COUNTY, FLORIDA
by and through its Board of County
Commissioners
COUNTY:;
2
Joseph E. Flescher, Chairma
BCC approved: April 13, 2021
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EXHIBIT "A"
MJMASTELLER & MOLER, INC.
CIVIL ENGINEERS
RESERVE AT GRAND HARBOR (PHASE 1)
- CERTIFIED COST ESTIMATE
ATRUE COPY
CERTIFICATION ON LAST PAGE
J.R. SMITH, CLERK
2/8/2021
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
$2.50
$23,947.50
Overlay w/ 1.5" SP 9.5 Asphalt
9,579
SY
$11.00
$105,369.00
Restripe Pavement
1
LS
$4,000.00
$4,000.00
Reset PCP's
1 J
LS
$3,000.00
$3,000.00
TOTAL
$169,705.50
ISurety Amount (125%) $212,131.88
CERTIFICATE OF COST ESTIMATE
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 arsons a'j��ooigted therewith.
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File#1357 1655 27th Street, Suite 2 Page 1 of 1
ADNIMConstmctionWalntenance Bond Estimate Vero Beach, Florida 32960
(PerformanceBond_FinalLiftAsphalt_Extension_21-0208.xlsx) (772) 567-5300
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