HomeMy WebLinkAbout2004-038B ? . 0 . 69 �
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CONTRACT FOR CONSTRUCTION OF
REQUIRED SIDEWALK IMPROVEMENTS
NO . PD =02 =03 =05CFCSIDE ( 95060039 =29329 )
THIS CONTRACT , made and entered into this 9th day of
March , 2004 by and between Kennedy Groves , 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 , 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 sidewalk improvements or has guaranteed to the satisfaction of the County
that such sidewalk improvements will be installed ; and
WHEREAS , Developer requests the approval and recordation of a certain
plat to be known as Old Orchid — Phase 4 — P . D . ; and
WHEREAS , the required sidewalk 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 March 9 , 2006 , in a
good and workmanlike manner, those sidewalk 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 .
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2 . Developer agrees to construct said sidewalk 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
F< <Cr/i* /?A w ld!� *L- TAres r- , as the
underwriting bank , in the amount of $ 16 , 163 . 54 , 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 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. 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 sidewalk 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 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 determined by the County and
shall be indicated by specific written approval of the Public Works Director or his
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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 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. 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 sidewalk 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 sidewalk 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
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 .
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IN WITNESS WHEREOF , the parties hereto have set their hands and
seals on the day and year first above written .
KENNEDY GROVES C . , a Florida
corporation
EVELOPER
WITNESSE .
sign : By:
print me : o �' S Ke 6th P . Kennedy President
sign : 6C � v
print name :
(affix corporate seal )
INDIAN RIVER COUNTY , FLORIDA
By: 04
Caroline D . Ginn , ChairiKhan
ATTEST : Jeffrey K . Barton , Clerk Board of County Commissioners
BCC approved : 03 . 09 - 2004
By:
Deputy Clerk- 7
—07
APPROVED AS TO FORM
AND LEGAL SUFFICIENCY :
By:
William G . Collins II
County Attorney
4
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o MLH'T ' K.1�00E1g umd Knight , McGuire & Associates , Inc . «� � ('2ftN O G' . $r od
p �k�„c:' G&719s3r 2X'�. ENGINEER'S CERTIFIED
80 ROYAL PALM POINTE, SUITE 401 Consulting Engineers and Planners COST ESTIMATE
VERO BEACH , FL 32960 $0 Royal Palm Pointe, Suite 401 1 /23/04
Vero Beach, Florida 32960
David S . Knight, P.E. civil@Imightmcguire . com Phone 772-569-5505
Scott B . McGuire, P.E . Fax 772-569- 1455
I , David S . Knight, a registered Engineer, License No. 41060 , do hereby certify to
Indian River County that a cost estimate to complete the sidewalk at Old Orchid - Phase IV
has been prepared under my responsible direction for those improvements itemized in
this exhibit, and that the total cost ( 115%) for said improvements is $ 16, 163.54.
This estimate has been prepared , in part, to induce a Final Plat Approval by the county
for Old Orchid - Phase IV, and for the purpose of establishing proper surety amounts
associated there with .
e> $
41060
David S . Knight P . E. FL Reg . No.
Atltt
EXHIBIT
@DrjD Comma e c� � od
Q � 1G14C3� Oli7v� ENGINEER'S CERTIFIEr
80 ROYAL PALM POINTE, SUITE 401 COST ESTIMATE
VERO BEACH , FL 32960 1/23/04
� .0e
2'
1 .00 MISCELLANEOUS
1 .01 4' Brick Paver Sidewalk 5225.0 SF $ 2.69 $ 14 ,055.25
Sub-Total $ 14, 055.25
Construction Sub-Total $ 14,055.25
Contingency @ 15% $ 21108.29
Grand Total $ 16, 163. 54
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