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HomeMy WebLinkAbout2005-238b ? d � Falcon Trace - Plat Three f CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS NO . SD -03 -07 -18 =CFC/PL3 (200105020246469 ) THIS CONTRACT , made and entered into this 12th day of Jill 2005 by and between Indian River Associates II , LLLP , a Florida limited liability limited partnership , 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 Falcon Trace = Plat Three ; 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 July 12 , 2006 , 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 FAAttorney\Nancy\DOCS\PLAN\falcon 3 k for con for loc 125%a . doc 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 Bank of America , N . A . as the underwriting bank , in the amount of $ 1 , 383 , 717 . 85 , which amount is not less than one hundred twenty-five percent ( 125 % ) 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 , but shall be subject to administrative fees as established 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 . 2 F :\Attorney\Nancy\DOCS\PLAN\falcon 3 k for con for loc 125% .doc Developer shall remain responsible for utility meter boxes , sewer clean outs , and drainage culvert inverts , to be in good repair, accessible , correctly plumbed , and not covered with topsoil , concrete or impervious material for the 3 -year maintenance period commencing after County issuance of a Certificate of Completion . Notice of this ongoing responsibility shall be provided by Developer to any subsequent builder/homeowner . 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 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 3 F :\Attorney\Nancy\DOCS\PLAN\falcon 3 k for con for loc 125% .doc l 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 . IN WITNESS WHEREOF , the parties hereto have set their hands and seals on the day and year first above written . INDIAN RIVER ASSOCIATES ll , LLLP , a Florida limited liability limited partnership BY : INDIAN RIVER II CORPORATION , a Florida corporation GENERAL PARTNER ,f by it Y(a ern 2-- INDIAN RIVER COUNTY , FLORIDA By : S Thomas S . Lowther, Chairman Board of County Commissioners ATTE T : Jeffrey K . Barton , Clerk BCC approved : July 12 , 2005 Deputy Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY : By : U14�y iWi0 William G . Collins II County Attorney 4 F :\Attorney\Nancy\DOCS\PLAN\falcon 3 k for con for loc 125% . doc `; �EXHI rr..A" FALQQN TRA4E � aAT 3 OST ESTIMATE 1, Scott B. McGuire, a Florida Registered Engineer, License No . 39573, do hereby certify to Indian River County that a cost estimate has been prepared under my responsible direction forthose improvements itemized in this exhibit and that the total cost estimated for said improvements is $1 , 383,717.85. This estimate has been prepared, in part, to induce approval by the County of a final plat approval for Falcon Trace Plat 3, and for the purpose of establishing proper surety amounts associated therewith. c t 39573 Scott B. McGuire, P. E. FL Reg. No . UNIT ITEM #: I DESCRIPTION : UNIT: QTY: PRICE : TOTAL: PLAT 3: ON-SITE 1 Earthwork Clear, grub, chip, and haul offsite LS 1 .00 $ 73,500.00 $73,500. 00 Strip topsoil CY 14, 300.00 $ 0. 95 $13, 585.00 Excavate lakes CY - $ 0.50 $0. 00 Haul, spread , and compact CY 60,240. 00 $ 1 .53 $92 , 167.20 Import fill, haul, and compact CY 22 , 500.00 $ 6.45 $145 , 125.00 Grade Site LS 1 . 00 $ 5,400.00 $5,400.00 Sod lake banks / L. M . E . SF - $ 0.27 $0.00 Sod rear-yard swales SF 9,900. 00 $ 0.27 $2,673.00 Earthwork Subtotal : $332,450.20 2 Water 4" DIP WATERMAIN LF 110.00 $ 17.00 $ 11870.00 6" PVC WATERMAIN LF 970. 00 $ 12.00 $ 11 ,640.00 6" DIP WATERMAIN LF 20. 00 $ 17. 50 $ 350.00 8" PVC WATERMAIN LF 470.00 $ 16.00 $ 7,520.00 8" DIP WATERMAIN LF 210.00 $ 23 .00 $ 45830.00 GATE VALVE/BOX 6" EA 3.00 $ 745.00 $ 21235.00 GATE VALVE/BOX 8" EA 2.00 $ 11080.00 $ 21160.00 , FIRE HYDRANT/GV/ASSY EA 2.00 $ 21600. 00 $ 51200.00 �i✓� HYDRANT BOLLARDS EA 2.00 $ 270.00 $ 540. 00 I" SAMPLE POINTS EA 3.00 $ 115. 00 $ 345.00 WM MJ FITTINGS LS 0. 17 $ 58,250.00 $ 91902. 50 BLOWOFF ASSEMBLY EA 2 . 00 $ 465.00 $ 930.00 SINGLE SERVICE EA 3.00 $ 540.00 $ 11620.00 V DOUBLE SERVICE EA 20.00 $ 810.00 $ 16,200.00 CONN TO EX WM STUB EA 2 .00 $ 41700.00 $ 91400. 00 TEMPORARY JUMPER CONNECTION EA 1 .00 $ 655.00 $ 655.00 FLUSHING POINT EA 1 .00 $ 61900.00 $ 6 , 900.00 WATERMAIN TESTING LF 11780.00 $ 1 . 80 $ 31204.00 Water Subtotal: $ 85,601 .60 3 Sanitary Sewer 8" PVC SDR35 0-6 CUT LF 320.00 $ 20.00 $ 69400. 00 8" PVC SDR35 6-8 CUT LF 517.00 $ 21 .00 $ 10,857.00 8" PVC SDR35 8-10 CUT LF 380.00 $ 23. 00 $ 81740.00 MANHOLE 0-6 CUT EA 2 .00 $ 11970.00 $ 31940.00 l � MANHOLE 6-8 CUT EA 1 .00 $ 2Y250.00 $ 21250.00 MANHOLE 8-10 CUT EA 2.00 $ 2,510.00 $ 5,020.00 MANHOLE COATING VF 40.00 $ 29.00 $ 1 , 160.00 SINGLE PVC SERVICE EA 8.00 $ 445 .00 $ 31560 .00 DOUBLE PVC SERVICE EA 14.00 $ 495.00 $ 61930. 00 Y/ SEWER LATERALNVM CONFLICT EA 4. 00 $ 237.00 $ 948.00 LATERAL MARKERS EA 23.00 $ 20. 00 $ 460.00 SANITARY SEWER TESTING LF 1 ,230.00 $ 0.75 $ 922.50 TV TEST SEWER MAIN ONE TIME LF 11230.00 $ 1 .75 $ 2 , 152.50 PHASING MANHOLE CONNECTION EA 1 .00 $ 31500.00 $ 31500.00 Sanitary Sewer Subtotal : $ 56,840.00 1 of 3 6/27/2005 FALCON TRADE - PLAT 3 COST ESTIMATE 4 Paving Stabilized Su rade SY 4,912.00 $ 5. 00 $ 24,560. 00 8" Shellrock Base SY 31931 .00 $ 11 .50 $ 45,206. 50 Prime and Sand SY 393100 $ 0.40 $ 11572.40 1 " Type S-111 As haft 1st LiftSY 31931 .00 $ 4. 37 $ 17, 178.47 3/4" Type S-III Asphalt 2nd Lift SY 3,931 .00 $ 3.28 $ 12 , 893.68 Miami Curb with Curb Pad LF 21943.00 $ 10.70 $ 31 ,490. 10 Striping and Signage LS 1 .00 $ 755.00 $ 755. 00 Final Grade R. O.W. SY 31931 .00 $ 0.40 $ 12572.40 Sod along curbs SF 51886.00 $ 0.27 $ 1 ,589. 22 Sod along sidewalks SF 51240.00 $ 0.27 $ 1 ,414.80 Paving Subtotal: $138,232.57 5 IStorm Drains e PVC 15" LF 335.00 $ 33.00 $ 11 ,055.00 RCP 18" LF 270.00 $ 39. 50 $ 10,665.00 RCP 24" LF 490.00 $ 51 .00 $ 24,990. 00 CMP 24" LF 40.00 $ 46.00 $ 11840. 00 TYPE C INLET EA 5.00 $ 1 ,990.00 $ 91950.00 MIAMI CURB INLET EA 8.00 $ 21640.00 $ 211120.00 CONC COLLAR 24" EA 2.00 $ 11500.00 $ 39000.00 CLEAN DRAINAGE STRUCTURES EA 13. 00 $ 300.00 $ 3,900.00 Storm Drainage Subtotal: $ 869520.00 6 Surve PRMs LS 1 . 00 $ 11800.00 $ 11800.00 PCPS LS 1 .00 $ 10100 .00 $ 19100.00 Lot and Tract comers LS 1 .00 $ 31600.00 $ 31600.00 Survey Subtotal : $ 69500.00 7 Engineering and Testing LS 1 .00 $ 10,000.00 $ 10,000.00 8 Landscaping 640 LF of Berm Canopy Trees - 10 Ft. Hei ht Quercus vir iniana / Live Oak EA 12 .00 $ 200.00 $ 2 ,400.00 Platanus occidentalis / Sycamore kEA 11 . 00 $ 200.00 $ 21200. 00 Underst Trees - 5 Ft. Hei hf La erstroemia indica / Grape Myrtle PA3.00 $ 120.00 $ 360. 00 , Myrica cerifera / Wax Myrtle 3. 00 $ 120.00 $ 360.00 Li ustrum japonicum / Japanese Privet 3.00 $ 120.00 $ 360.00 Shrubs - 24 " ei h Nephrolepis exaltata 'Kimberly Queen'/ Sword Fern tEA 22 .00 $ 8.00 $ 176.00 Tri sacum floridana / Gama Grass 22.00 $ 8.00 $ 176.00 Jasminum volubile / Wax Jasmine 22.00 $ 8. 00 $ 176.00 Viburnum obovatum / Walters Viburnum 25.00 $ 8. 00 $ 200.00 Mulch 640. 00 $ 4. 38 $ 21803.20 qipd Installation LF 640.00 $ 7.00 $ 41480.00 Landscaping Subtotal: $ 13,691 .20 9 Streetlights - FPL Standard No Charge) , EA 8. 00 $ - $ - 10 Mobilization / De-mobilization One Time LS 1 .00 $ 10,000.00 $ 109000.00 ON-SITE TOTAL: $ 739, 735.47 PLAT 3: OFF-SITE 19 1 17th Lane SW - Tum Lane MOBILIZATION LS 1 .001 10,000.001 $ 10,000.00 2 of 3 6/27/2005 ALCON TRACE - PLA= C $T ESTIMATE DEMOLITION / PAVEMENT REMOVAL LS 1 .00 12, 500. 00 $ 12,500.00 FILL / GRADING LS 1 .00 36, 500. 00 $ 36, 500.00 STABILIZED SUBGRADE SY 41700. 00 2. 50 $ 11 ,750.00 BASE SY 41700.00 10. 00 $ 47,000.00 ASPHALT SY 81200 .00 10. 00 $ 827000.00 CONCRETE WALKS SY 22205.00 29. 15 $ 64,275. 75 DRAINAGE / CURBING LS 1 . 00 15,000.00 $ 15,000.00 SIGNS & STRIPING PAINT 1st LIFT LS 1 . 00 83500.00 $ 81500.00 SOD SY 2.00 11000.00 $ 2, 000.00 M.O.T. LS 1 .00 51000. 00 $ 5, 000. 00 ENGINEERING, SURVEY, & INSPECTION LS 1 .00 51000. 00 $ 51000.00 MISCELLANEOUS LS 1 .00 15,000. 00 $ 15,000. 00 21st Street SW Subtotal: $ 3149525.75 OFF-SITE TOTAL: $ 314, 525. 75 12 On-site / Otfftsite Contingency 5% $ 52, 71.3.06 ON-SITE & OFF SITE TOTAL COST: (Including 5% Contingency) $1, 106, 974. 28 PLAT 3 - BOND AMOUNT (125% of Total Const. Cost) $ 1 , 383, 717, 85 3 of 3 6/27/2005 i I Falcon Trace - Plat Three CONTRACT FOR CONSTRUCTION OF REQUIRED SIDEWALK IMPROVEMENTS NO . SD =03 =07 - 18 -SIDE/ PL3 (2001050202 =46469 ) THIS CONTRACT , made and entered into this 12th day of July , 2005 , by and between Indian River Associates II , LLLP , a Florida limited liability limited partnership , 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 development of land within Indian River County , Florida ; and WHEREAS , a Final Plat for the development within the unincorporated area of Indian River County shall not be approved 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 , the required sidewalk improvements are to be installed after Final Plat approval , 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 by July 12 , 2007 , a date being within two years of approval of Final Plat , in a good and workmanlike manner, those improvements described as follows : See Exhibit "A" attached hereto . or otherwise required by the Code of Laws and Ordinances of Indian River County in connection with the approved Preliminary Plat and Land Development Permit , which are incorporated by reference into this contract . 2 . Developer agrees to construct said improvements strictly in accordance with County policies for sidewalk construction as those policies i F :\Attomey\Nancy\DOCS\PLAN\falcon 3 side k for loc 125%.doc relate to location , method and type of construction , 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 Bank of Amer i ca , N . A . , as the underwriting bank , in the amount of $ 30 , 089 . 06 , which amount is not less than one hundred twenty-five percent ( 125 % ) 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 without an express written modification thereof executed by all parties . Requested reductions shall not be unreasonably withheld by the County , but shall be subject to administrative fees as established 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 $ 17000 , 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 sidewalk improvements , including all those improvements to be constructed on existing publicly dedicated or County owned property . 5 . The County agrees to approve the Final Plat , upon a finding as to compliance with all applicable provisions of the County' s Development Regulations and Ordinances and upon execution hereof. However, nothing herein shall be construed as creating an obligation upon the County to perform any act or construction or maintenance 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 representative , after receipt of a signed and sealed Certificate of Completion from the project engineer of record . 2 F :\Attorney\Nancy\DOCS\PLAN\falcon 3 side k for loc 125% .doc r` 6 . The County agrees to issue building permits and Certificates of Occupancy prior to the installation of required sidewalk improvements so long as Developer is not in default of the terms of this Contract . 7 . In the event the Developer shall fail or neglect to fulfill its obligations under this contract and as required by the Code of Laws and Ordinances of Indian River County , Florida , the Developer, as principal , and the letter 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 of credit , less any approved reductions thereto . 8 . 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 of credit for the final total cost of the improvements . Developer shall remain wholly liable for any resulting deficiency , should the letter 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 letter of credit to construct the required improvements . 9 . Any letter 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 . 10 . 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:\Attomey\Nancy\DOCS\PLAN\falcon 3 side k for loc 125%. doc IN WITNESS WHEREOF , the parties hereto have set their hands and seals on the day and year first above written . INDIAN RIVER ASSOCIATES II , LLLP , a Florida limited liability limited partnership BY : INDIAN RIVER II CORPORATION , a Florida corporation GENERAL PARTNER By6@14 L'z6A14.I �-�- c sident t, , k4cDj�, i CPCXIC 2Z DEVELOPER INDIAN RIVER COUNTY , FLORIDA By t :5 ,./ Thomas S . Lowther, Chairman Board of County Commissioners COUNTY ATTEST : Jeffrey K . Barton , Clerk BCC approved : 07 - 12 - 2005 By : ( seal ) Deputy Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY : William G . Collins II County Attorney 4 F :\Attomey\Nancy\DOCS\PLAN\falcon 3 side k for loc 125%.doc EXHIBIT FALCON TRACE - PLAT 3 Q05T ESTI MATE I , Scott B . McGuire, a Florida Registered Engineer, License No . 39573 , 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 estimated for said improvements is $44 , 329 . 69 . This estimate has been prepared , in part, to induce approval by the County of a final plat apprpval for Falcon Trace Plat 3 , and for the purpose of establishing proper surety amounts associated therewith . t = �' 39573 Scott B . McGuire , P. E . FL Reg . No, UNIT ITEM #: DESCRIPTION : UNIT : QTY : PRICE : TOTAL : PLAT 3: ON-SITE 4 Paving 5' Sidewalk INT:EeNAL SF 61550. 00 $ 3 . 50 $ 22 , 925 . 00 ON-SITE TOTAL : $ 22, 925. 00 Contin ency (5%) $ 1, 148. 25 TOTAL CONSTRUCTION COST $24, 071 . 25 PLAT 3 - BOND AMOUNT: (1251 of Total Const. Cost) $30 0$ 9. 06 1