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HomeMy WebLinkAbout2004-031 Feed i U4tK41unty 772 - 77014 _ - L. 2 CRnis Springs village Ate@# P.D. (Phase 2) ' -7 - U r < J , 4 c� po3 � SECOND MODIFICATION TO CONTRACT FOR CONSTRUCTION OF REQUIRED SIDEWALK PROVEMENTS NO ., PD -00 -08-13�C CS E $2 (9910011425841 ) �.THIS MODIFICATION , made and entered into this l 1*L aolplda general , 2004 , by and between The Suntree Partners a —� day of p nership , hereinafter referred to as "Developer", and NIDIAN 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, the final plat for Citrus Springs Village `•a " P. D , was approved by the Board of County Commissioners of Indian River County on March 5, 2002 ; and WHEREAS , Developer entered into a Contract for Construction of Required Sidewalk Improvements No. P0 -00 -08 -13 -CFCSIDE432 (9910131141 25841 ) guaranteeing the completion of certain required sidewalk improvements ; and WHEREAS , on June 10 , 2003 , the Board of County Commissioners approved a modification to said Contract for Construction of Required Sidewalk Improvements , extending the completiun date to March 4 , 2004 ; and WHEREAS, certain of the required sidewalk improvements are not completed, and WHEREAS, the Indian River County Code requires the developer to construct required sidewalk improvements , within two years from the date of final Plat approval with the ability to further extend for additional 2-year periods , with the approval of the Public Works Director and Community Development Director; and WHEREAS , Developer wishes to extend the contract date in which to complete the remaining required sidewalk improvements in Phase 82 to October 28 . 2004 , which is within the time allowed by code ; and WHEREAS , Developer additionally wishes to reduce the amount of security in place since a portion of the sidewalks has been constructed and inspected ; and WHEREAS , adequate security, in the form of a performance bond , is currently in place, Received Tune Feb ' 10 • il : 48AM F4Feb - 10 2 904 , HE AN I Rft I KJ3unty 772 - 770 - � : C - - p . 3 r+ NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as follows: f • The date for completion of the remaining required sidewalk Improvements as outlined in the Modification to Contract for Construction of Required Sidewalk Improvements No. PD-00-08.13 -CFCSIDE432 25841 ) Is extended to October 28, 2004 . (" 100114= 2 . The existing Performance Bond No . MS4206 of Contractors Bonding and Insurance Company in the amount of $380564 . 79 amending by a Change Rlder dated January 27 , 20049 extending the bond expiration date to January 28 , 2005 and reducing the amount to $ 79712 . 96 is adequate and Is to remain in place . 3 . All other terms set out in the Contract for Constn)ction of Required Sidewalk Improvements No. P0404843mCKSIDE-B2 (9910011445841 ) and Modification remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have set their hands and seals on the day and year first above written . THE SUNTREE PARTNERS, a Florida general partnership, DEVELOPER By HMM , INC., a Florida corporation , GO 1 Partner 8y: Myra . Haley, President INDIAN RIVER COUNTY, FLORIDA by and through its Board of County Commissioners By: ATT ' J . K. Barton, CourtCQCaroline D. Ginn , Can By. BCC approved : 02 - 17 - 2004 Deputy Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ' " ' 1 BY: fv y William G . C'ul lips 11 County Attorney 2 F:1a[bmey%n8ncylC)0Cb%PLAN%Zd MODIF(:ATO K for side cat citrus b q doc Received Time Feb - 10 . 11 : 48AM