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HomeMy WebLinkAbout2005-051 It Townhoum at Trillium CONTRACT FOR CONSTRUCTION OF REQUIRED SIDEWALK IMPROVEMENTS NO . SD =04-06,22 -S1DECFC (2002040022 =39349) THIS CONTRACT , made and entered into this 8th day of February , 2005 , by and between QHO VERO BEACH Ylll, 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 , the final plat for Townhouses at Trillium was approved by the Board of County Commissioners of Indian River County, Florida , on August 24 , 2004 ; and WHEREAS , a Certificate of Completion for the development within the unincorporated area of Indian River County shall not be approved until the Developer has installed the required sidewalk Improvements or has guaranteed to the satisfaction of the County that such sidewalk 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 August 24, 20061 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 1 P, Awr tey\NLncy1D=\PL N141& It Cc cosh townhon= wt b iWum.doc ' t 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 sidewalk improvements strictly in accordance with County policies for sidewalk construction as those policies 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, Develdper shall simultaneously herewith furnish an executed cash deposit and escrow agreement in a form to be approved by the County, naming Developer and the Indian River County Office of Management and Budget, as the escrow agent, in the amount of $ 8 ,234.00 , which amount is not less than one hundred fifteen percent ( 115 % ) of the estimated total cost of sidewalk 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 escrow deposit shall remain available to the County and shall not be reduced during the course of construction except as provided in Indian River County Code Section ' 913 , 10(4 ) ( B )_ 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 I ndemnify, 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 issue a Certificate of Completion 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 sidewalk improvements are satisfactorily completed . Satisfactory completion in accordance with the land development permit, plans , specifications , and ordinance requirements of Indian river County shall be dstermined 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;WwneyW,Ky\D0CSVLANVide k to ush torn honw at Williutrt.doc P 6 . The County agrees to issue bullding 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 funds In escrow deposit shall be jointly and . severally liable to pay for the cost of construction and installment of the required sidewalk 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. , S , 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 cash deposit for the final total cost of the improvements . Developer shall remain wholly liable for any resulting deficiency, should the cash deposit be exhausted prior to completion of the required sidewalk impro�nements . 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 sidewalk improvements . 9 . Any cash deposit provided to the County by Developer with respect to this contract shalt 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, materiatman or other party providing labor, material , �supplles , or services for construction of the required improvements , or to benefit any lot purchaser(s ), unless the County shall agree otherwise in writing . , 10v 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: attomeymncy\DOMPLAWde k cc cash townhomes at trilHUMAoe ; �f 4 w i IN WITNESS WHEREOF , the parties hereto have set their hands and seals on the day and year first above written . GHO VERO BEACH V111 , INC ., ' a Florlda cor ration By illia r, President DEVELOPER 4 INDIAN R VER CO NTY, LORIpA : , B S Thomas S . Lowther Ch8[ man Board of County Commissioners INDIAN RIVER COUNTY BCC approved : 02 - 08 - 2005 ATTEST: Jeffrey K. Barton , Clerk 4 4 (seal ) Deput Clerk i APPROVED AS TO FORM AND LEGAL SUFFICIENCY By >P William G . Collins 11 ; County Attorney 4 F:lattaroeyMnncy\DOCSIPLAN\mida k cc cash tpwnhames it trtMUM,doa s ' SCM , BITTLE & STODDARD , L. L . . ,os� W. scHULKE, P.E U LKS joDM S. arirLE, aE. WlLLAJM P. sMDWD. Ph.b., P..E. CIVIL & ST ?XWRAt E'NOMMING • (.AND PLANNING • ENWRONMENIAI. PMITlING ti October 26, 2004 .I F" .074 " ` T, 11 NOV • 151004 Christopher 1 , Kder, Jr., P . E. EnSiir�eering Department GGi3;J7't �: ; .y ":: i*a�Y'$ Indian River County 0 PCF 1840 25th street Vero Beach, FL 32950 Re: Trillium gng�=eriug project Number. 02-842 Dear Mr. Kafer: Wer nest that bunds be accepted for the into riar sidew ilks for both the Towrxhousm at Trilli= ra ects per the attachod bonding amounts and certif catia�s. and Ardhem Lakes at Trillium PM] P , * 1 . Townhouses at Trillium bond amount is 58,234 .00 and the sidewalks axe highlight n yellow on the attached Pmtin x_ Anthem Lakes at Trillium bond amount is S35, 121M and the sidewalks are higl)aghted pink on the attached p1aw• 3 . All other sidewalks = either installed or will be installed in the very near future• you prompt review and approval will be appreciated by alL Should3'0 u have any questions regarding the above, please do not hesitate to 009twt my ofEce. Sincerely DF I f William B . Eubank, Jr• lIl] ,` + ! irl. NOV 0 9 2004 cc: Mr. Bill Handler INDIAN Hlvth UUUNTN NGIAf ��PrINC niV1SIC1e ;J1 / f I Xyyryry}} yy��K, -�.• � 1717 INDIAN RIV>=R BU►D., SUITE 301, VERO BENCH, FLORIDA 32960 1�f TtL772 / 770,9622 Fuc 7T2 / 770�9A9B EM+LL sbsarsE*bel►south_ndt jOSVHWwSCML4c PM SCHULKE , BITTLE & STCDDARD , U . C . i s JODM & SMII, P.E WIUJIIM R STODWD. Ph.D., e.e_ CiVlL & STRUCTURAL ENGINffR/NG • LAND P�AN1VlNG • En►vrRONMEN7xL p�'RMRTIIVG f Engineers Certified Cost Estimate -- Townhouses at Trilllium I, Joseph Schulke, A Florida registered ensm' 'C r, License No . 47048, do hereby I<er* to Indian River County that a cost estimate has been prepax'ed under my responsible direction for those improvements it =ized in this exhibit and that the total cot Otimate to induce for said i provemcats of the 4, 00a his sca gersfi=t has be farr pared Po$in of establishing approval by the county ,peopor surety amowAs ass therewith• Jos S e1, P .E. 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ITV JI MoVir "; c—z—rr.•—�r�c^� --s*ter : yIt � 8 Townhouses at Trillium CASH DEPOSIT AND ESCROW AGREEMENT THIS AGREEMENT is entered into this 8th day of _February , 2005 , by and between GHO VERO BEACH Vili� ING., a Florida corporation (Developer), and INDIAN RIVER COUNTY, a political subdiviSiOn of the State of Florida (County) : WITNESSETH ; WHEREAS , Developer has effected deusuretY sub o�ng a property within Indian River County and Is required to prove with the County for the construction of certain required sidewalk improvements related thereto; NOW , THEREFORE , in consideration of the agreements, promises, and covenants set forth herein , and other good and valuable considerations, the parties hereto agree as follows . 1 . The Developer has tendered to the County Office of Manag�F•tDe nt and Budget (Escrow Agent) the sum of Eight Thousand Two Hundred �'tyur ; and No/100 Dollars , U ,S , ($6 ,234,00) , the receipt whereof it hereby ckno d►tied which sum shall be held In escrow by said Office , subject shall perform and covenants of this escrow agreemenoRh ajn Uthe a orerancetmentionedDevelor Contractfor in all respects the obligations set f Construction of Required Sidewalk fe e��v meats, .hich agreement is attached hereto and Incorporated herein byre { Upon completion of any distinct of separable phase or 26 improvement, or independent portion thereof, the Developer may obtain a oard of disbursement from the escrow amakingwritten County's Publ 'it thelc Works County Commissioners of Indian River County through Director. The request shall spe* the amount of disbursement desired and shall be accompanied by a sealed certificate from Developer's engineer describing the work completed , the actual cost thereof, the estimated cost of all remaining work which is and thatrk for which disursemet is secured by the escrow account, twth the most scent setof pt nsnand requested has been completed in accordance specifications approved and on file with the County . 31 The amount of any given disbursement shall not exceed nigh ( 30%) percent of the total cot of improvements cering tified as eighty the preceding paragraph ; percent cost of phase, crow Improvement, or which shall thereof. shall nl alafter ssuance Intheto Certificate o Completion n • ount until the Final reduction , which shall Y accordance with the County' s Subdivision and Platting Ordinance . ; F;\%tt6MC,0Mr1cy\D=\?LAN\msh deposit for side K WwAhousa rpt rsiil"Lftdoc 4 , Notwithstanding the above disbursement limits, at no time shall the reduce below an amount equal to one hundred •flfteen escrow account balance be redpercent of the most recent approved cost estimate of the remaining cequlred (115%) improvements. 5 , Within seven (7) working days alto receipt f the wok ur which ; requement est, the Public Works Director shall cause an inspection paymin all respects With the ent is sought . If the Public Works Director is sa I s,i the Public Works Director work, the accompanying cost estimates and cert shall notify in writing the County office of Managementdisbursement as pproIFILdg�ed by the Public Management and Budget shall make the dish Works Director directly to Developer. g, Upon default by developer avaUab avthe ailable therein . Ail funds rthe emuair�iing �n elect to pursue any of the remedies the escrow account at the time default is declared by the t. Said idhflnds shall ble for use by the County in accordance with the Contract. disbursed to the County upon receipt by the Office of Management and Budget of a certified copy of a resolution of the Board of County Commissioners slating that Developer has defaulted under the Contract and that Saito andsCouna e n e9 of to complete the required improvements . 11 funds disbursed da complete the required final amount determined necessary Y improvements shalt be returned to Developer, its legal representatives , successors or assigns. ; 7 , Any interest earned during the term of escrow, less administrative expenses , shall be disbursed to Developers at close of escrow. 8 , The funds deposited hereunder exist solely for the protection , 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 contractor, oub�ntr acipri , laborer, materiaiman , architect, engineer, attorney e reor quired i pro emen s , or to material, supplles , or services for construction of e4 benefit any lot purchase, while such funds o hErwisenin writing . The Cothis unty shalagreements not btQ unless and until the County shall agree arties for claims against the Developer or liable to any of the aforementioned p contractor relating to the required subdivision improvements . g , This Agreement, together with the attached Contract, is the Fula and complete understanding of the parties and shall not be d understanding ,g, aexcept od as reference to any prior agreement, discussion , without the specifically mentioned herein . This uAgreeAn ntamertlnot dmentedeletion�modif cation , express written approval of the Co Y y and executed by authorized extension , or revision hereof or hereto shall be In writing , a ; representatives of each party. 2 F:LUtomey\j=Cy�C5'��h deposit for sida K cownImmies Al bift' m.doa Y i 1 IN WITNESS WHEREOFf the parties hereto have set their hands and seals . The date of this agreement shall be the date of approval by the Board of County Commissioners , as first stated above. GHO VERO EACH V111, INC . , a Florida corporatla Developer By , President Willi BOAR . OF GOOUN'� Y,Ty IFLORIDAS OF INDIAN RIVER By. S- Thomas S . Lowthela Chairman BCC approved : 02 - 08 - 2005 Attest: • C ' Jeffrey K. Barton , Cier AppjJascoin . Budget By: o , Director gment and Budget APPRO B1D A4 So FORM AND tads . wttuAM 4. courws M coulmov w 3 F,\rtj0meyNna°cy\DM" AN\raal► deposit for side K ImMbOW6 at trt71iunt d0o TOTAL P . 25 IRBldg Indian River County OHO Development Corporation 1840 25th Street Check Number 1 - 00045148 Vero Beach , FL 32960 Check Date Jan 5 , 2005 Date Invoice Reference Invoice Amt Retention Discount Payment 0001 GHO Development Corporation 01 / 05 / 05 TT-SIDEWALK TT , 00 8 , 234 . 00 0 . 00 0. 00 81234 . 00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - . . . . . . . . . . . . . . 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