R00-109 RESOLUTION NO. R 00-/~
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
AUTHORIZING A REDUCTION IN THE LETTER OF
CREDIT FOR GROVE PLAZA(NO. 77446) FROM
$215,879 TO $56,372; AND PROVIDING AN
EFFECTIVE DATE.
W~EREAS, the developer of this parcel, previously
provided a Letter of Credit in the amount of $215,879 as
surety to guarantee completion of water and wastewater
facilities serving this site; and
WHEREAS, developer has furnished the City with a bill
of sale. for the system and requested that the surety
requirement be reduced from $215,879 to $56,372; and
WHEREAS, a final inspection has been conducted on this
project and all required improvements have been completed
except that remaining work shown on the Updated Project Cost
Estimate, which is attached hereto as Exhibit
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1. The City Commission of the City of
Boynton Beach, Florida, based upon the recommendation of
staff, hereby approves a reduction of a Letter of Credit
(No. 77446) from $215,879 to $56,372.
Section 2. That this Resolution shall become
effective immediately upon passage.
PASSED AND ADOPTED this
ATTEST
'Cit~ Cle
~&~,,,,,/,,,~
I! ~
II
/ day of August, 2000.
Mayor Pro Tem
Commissioner
CARNAHAN PROCTOR & ASSOCIATES, INC.
6191 Wes[ Atlantic Blvd., Margate, Florida 33063 * (305) 972-3959 * FAX (305) 972-4178
CP&A Job No.: 950404
GROVE PLAZA-SITE DEV.
15-Feb-00
DESCRIPTION
Project Cost Estimate
QUANTITY UNITS UNIT COST
COST
WATER DISTRIBUTION
12" DIP
6" DIP
6" GV
FH with Gate Valve
12" Tapping tee with valve
Conflict with F.M.
Thrust blocks t Fittings
Tie into Exist
Subtotal
SANITARY SEWER
8" PVC
06' deep
6-8' deep
8-10' deep
10-12' deep
4' dia. Manholes W/Castings
0-6' deep
6-8' deep
8-10' deep
10-12' deep
Lift Station
4" C-900 PVC F.M.
6"x4" tsdl & valve
Services
8x6 Wye
6" PVC
Cleanout
1,235 LF $22.50
165 LF $12.50
7 EA $400.00
7 EA $1,200.00
2 LS $8,000.00
I LS $3,500.00
1 LS $5,000.00
1 LS $3,000.00
Subtotal
395 LF $15.00
380 LF $26.00
217 LF $35.00
20 LF $45.00
Unit price for pipe installation includes trench safety procedures
in accordance with current O,S.H.A, standards.
TOTAL
Bond Requirement (110 %)
Bond on File with City for Water & Sewer (incl. $10,120 restoration surety)
(as per Plat requirements)
E950404_WatSew. XLS~Estimate
1 EA $2,500.00
1 EA $3,000.00
1 EA $3,500.00
1 EA $4,500.00
1 LS $35,000.00
48 LF $12.00
1 EA $1,500.00
6 EA $350.00
160 LF $8.00
6 EA $200.00
Subtotal
#REF!
$27,787.50
$2,O62.50
$2,8O0.OO
$8,40O.0O
$16,000.00
$3,500.00
$5,000.00
$3,000.00
$68,550.00
$5,925.00
$9,880.OO
$7,595.0O
$9O0.0O
$2,500.00
$3,O0O.O0
$3,50O.O0
$4,5OO.O0
$35,O0O.00
$576.00
$1,500.00
$2,100.00
$1,280.00
$1,200.00
$79,456.OO
$145,006.00
$159,507.00
$215,759.00
6/21.,"00 @ 3:23 PM