Agenda - View Meetings (All)

(7)(b)

CITY COMMISSION REGULAR MTG

Meeting Date:

12/04/2024

letter agreement for the deposit of funds for construction of the second phase of a section of 16-inch force main for the Lago Mar East Subdivision

Submitted For:

Kim Golden

Submitted By:

Curt Kelly, Transportation and Planning

Department:

Transportation and Planning

Information

ACTION REQUEST

Resolution to approve a letter agreement for the deposit of funds for construction of the second phase of a section of 16-inch force main for the Lago Mar East Subdivision.

BACKGROUND (Brief Summary)

Lago Mar East is part of the Lago Mar Planned Unit Development originally approved by the City Commission in 2007. Lago Mar East is situated east of the Gulf Freeway and north of the extension of Holland Rd. Lago Mar East is in the process of master planning to subdivide approximately1,167 acres into 1975 single family residential units and 64.9 acres of commercial reserve. It has been determined a 16-inch force main is necessary to provide sanitary sewer services to the area. The City is currently undertaking a project to install a 24-in force main for the Lago Mar Development situated on the west side of the Gulf Freeway. A section of the 16-in force main will be located in the same easement as the 24-in force main. The City has included installation of that section of the 16-in force main in the project for the 24-inch force main with the understanding that the developer will fully fund the installation of the 16-in force main. The estimated cost of the installation of the second phase of the 16-in force main is $2,265,474.84, which amount includes a 10% contingency. The estimated cost of construction management services to be provided for the project is $34,792.69 for a total deposit of $2,300,267.53. The Developer is prepared to deposit this amount with the City for administration and disbursement to the construction contractor upon construction of the 16-inch force main and to the Lago Mar Development Authority (LMDA) for construction management services. The subject letter agreement provides for the deposit with and disbursement by the City of the subject funds.

RECOMMENDATION

Staff recommend approval of the letter agreement for the deposit of funds for construction of the second phase of the 16-inch force main to serve Lago Mar East. Including a section of the 16-inch force main with the construction of the 24-inch force main does not significantly increase the cost of installing the 24-inch force main, but will provide some cost savings to the developer for the 16-inch force main. Including the 16-in with the construction of the 24-in will avoid disruption to the adjacent properties and residential areas. The 16-inch force main is being constructed in a public right of way. When fully constructed, the 16in force main will be donated to the City for ownership and perpetual maintenance.

A budget amendment in the amount of $2,300,267.53 will be required to account for the deposit of funds from the developer.

Fiscal Impact

Attachments

Signed Letter

Resolution