HomeMy WebLinkAboutUnit 15PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
GENERAL DEVELOPMENT CORPORATION, a Delaware corporation,
authorized to transact business in the State of Florida, (herein-
after called GENERAL) is held and firmly bound unto the CITY OF
SEBASTIAN, a municipality created under the laws of the State of
Florida, in the penal sum of $233,825.02 for the payment of which
it binds itself, its successors and assigns, firmly by these presents.
THE CONDITION OF THE ABOVE OBLIGATION is such that whereas
GENERAL has platted portions of Section 7, Township 31 South, Range
39 East and Section 12, Township 31 South, Range 38 East, the CITY
OF SEBASTIAN, Indian River County, Florida, into a Subdivision known
as SEBASTIAN HIGHLANDS UNIT 15, according to the Plat thereof, as
recorded in the Public Records of Indian River County, Florida; and
the Plat of said Subdivision shows streets, thoroughfares and
drainage rights of way and GENERAL has agreed that it will within
twelve (12) years from the date hereof, grade and pave the streets
and complete the necessary drainage as shown on said plat of the
aforedescribed property in accordance with the details shown on the
Development Plan and the Specifications in effect as of the date
shown hereon for the CITY OF SEBASTIAN, Florida.
NOW, THEREFORE, if GENERAL shall within twelve (12) years
from the date hereof, grade and pave the streets and complete the
drainage as shown on said Plat which abut the aforedescribed
property, in accordance with the specifications in effect as of
the date shown hereon for the CITY OF SEBASTIAN, Florida, then this
obligation shall be void, otherwise the same shall remain in full
force and effect.
It is expressly understood the obligation of GENERAL
shall diminish in proportion to the amounts expended from time to
time toward the completion of the improvements for which it is
obligated hereunder; and that by its approval and acceptance of
this Bond, the CITY OF SEBASTIAN, Florida, agrees to acknowledge
from time to time, in writing, the reduction of the total sum of
this obligation according to the extent such work has been completed.
IN WITNESS WHEREOF, GENERAL has caused these presents to
be executed by its proper officers and its corporate seal to be
affixed hereto, all of which has been done at Miami, Dade County,
Florida, this 22nd day of June, 1971.
GENERAL DEVELOPMENT CORPORffjgj (SEAL)
BY: -C do ZAgl"P
re
ident
ATTEST: p
Secretary
THE FOREGOING BOND IS HEREBY
ACCEPTED AND APPROYED TF IS
.iZ2 DAY OF ` , 1971.
CITY OF SEBASTIAN, FLORIDA
BY
S;4 ik'-
J A M E 5 E D W A R D C L A R K
C I V I L E N G I N E E R
1111 SOUTH SAYSHORE DRIVE • MIAMI, FLORIDA 39131
General Developir,ent Corporation
1111 South Bayshore Drive
Miami, Florida 33131
May 19, 1970
Re: Sebastian Highlands Unit 15
City of Sebastian, Indian River County, Florida
Gentlemen:
The construction estimate for this subdivision is as follows:
continued -
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ROAD',!AYS ( 5.46 ' Ii 1 es )
Item
Quantity
Unit Price
Amount
Clearing
& Grubbing
34.96
Ac
139.40
$ 4,873.42
Grading -Road
ili le
67,990
CY
0.26
17,677.40
Subgrade
Street
15,242
SY
0.15
2,286.30
Road Base
Soil Cement 6"
71,025
SY
0.85
60,371.25
Pavement
67,863
SY
0.42
28,502.46
Pipe, 15"
249
LF
3.50
871.50
18"
194
LF
4.13
801.22
2111
124
LF
4.75
589.00
18"
x 11"
596
LF
3.64
2,169.44
22"
x 13"
520
LF
4.31
2,241.20
25"
x 16"
120
LF
5.50
660.00
Endwalls
24.9
CY
65.00
1,618.50
Rip Rap
26.8
CY
35.00
938.00
Grassing
85,389
SY
0.07
5,977.23
Street Signs
31
Ea
17.50
542.50
Roadway
Subtotal
$130,119.42
DRAINIAGE
Clearing
& Grubbing
13.07
Ac
139.40
1,821.96
Earthwork
60,900
CY
0.34
20,706.00
Pipe, 36"
(Incl. Bands)
44
LF
10.72
471.68
6011
11
172
LF
21.97
3,778.84
36"
x 22" 11
88
LF
7.72
679.36
43"
x 27" 11
44
LF
11.16
491.04
50"
x 31 t1 11
44
LF
13.18
579.92
5811
x 36" 11
44
LF
15.09
663.96
Grassing
33,800
SY
0.07
2,366.00
Rip Rap
24
CY
35.00
840.00
Drainage
Subtotal
32,398.76
continued -
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General Development Corporation
Page Two
Roadway Subtotal
Drainage Subtotal
Lot Fill, 54,328 CY @ 0.31
PRM's 60 @ $20.00 ea.
Total
T2 1/2% Engineering
17% Contingency
TOTAL BOND AMOUNT
JEC/AAG/jc
Sebastian Highlands Unit 15
May 19, 1970
$130,119.42
32,398.76
16,841.68
1,200.00
$180,559.86
22,569.98
30,695.18
$233,825.02
Very truly yours,
mes Edward Clark
Registered Engineer No. 6085
State of Florida
G. B. NEWKERK
ATTORNEY AT LAW
P. O. BOX 1385
June 23rd, 1971 TITUSVILLE, FLORIDA 32780
General Development Corporation
and
To Whom It ?-fry Concern.
Re: Proposed Plat of SEBASTIAN IIIGHLVLTDS, tMIT 15, according to the
description thereof attached hereto and :?.ade a part hereof Iyin.-
md beim in Section 7, To reship 31 South, Range 39 East and in
Section 12, Township 31 South, Range 33 East.
FEE SI DLE TITLE as of June 23rd, 1971 at 5:00 o'clock P.M. is vested in:
GENERAL DMLOi'i•IC;dT CORPORATION, a Delaware corporation
StTBJ'j:,CT T0:
1. County of Indian River ad valorem taxes have been paid through the
year 1970. All tastes for the year 1971 cnd subsequent years. Determine
if there are any outstanding ad valorem ta.x`s due the City of Sebastian
or any other levies or assessments duce and payable to said City.
2.. Rights of parties in possession, if any, other than the record ozmer;
u_*ifiled nachmnics' €;nd naterialmen's lions and alay.strte of facts which
would be disclosed by an accurate survey cal -d personal inspection of the
property.
3. The Plat of SEMSTIAaI iiIGFiL' MS LMIT FOLTTEEN, if not filed of record,
rust be recorded to complete the chain of title.
u. Feserv2.tions of oil and minerals in the TRt�stees of the Ii3ternal Improve-
r3ent Fund of the State of Florida as contained in deed recorded in Deed Book
35, page 339. The road reservations have been released e;,cept as to the part
of the la:;ds lying; within 50.0 feet of the Horth -South 1/4 line of Section 7.
5, Reservation of oil qmd minerals in the Trustees of the Internal Improvement
Fund of the State of Florida in deed recorded in Deed Book 35, pc'ge 435. Tile
road reservations have been released except cs to the part of lands lying within
60.0 feet of the centerline of State Road 512, Section 7.
6. Easement to Florida Power & LIght Company of 100.0 fent in width through
the East 100.0 feet of the :forth 100.0 feet of the i:E 1/4 of the Sp, 1/4 of
Section 12. See ORBook 188, page 506.
7. Easenent to Florida Power & Light Company in the East 75.0 feet and the
North 100.0 feet of the SW 1/4 of Section 7 --3 contained in deed recorded in
ORBook 233, page 359. Also the right to continue in the location of the
present (teen) power lines extending diagonally across t: -ie Sw 1/4 of Section 7
from a point approximately 650.0 feet :south of the center of Section 7 to a
point approximately 350.0 feat gest of said center.
.eespntfully submitted:
�)
G. B. Newkerk
i
A
PROPOSED PLAT OF SEBASTIAN HIGHLANDS WIT FIFTEEN
DESCRIPTION
A port? on of
Section 7, Tu,mship 31S, Range 39E and a portion of Section 12, To-anship 31S,
Range 38E, being more particularly described as follovis:
1, Tile Crest 1/2 of said section 7 LESS AND EXCEPT the east 375.00 feet of the north 950.00.
feet thereof and LESS AND EXCEPT the flat of Sebastian Highlands Unit Fourteen as recorded
in Plat Gook ,Pages of the Public Records of Indian River County, Florida, all '
"DS UNIT T'+EL'!E as recorded in Plat Gook 7,
lying south of the Plat of SEBASTINN HIGHLA�+
Pages "67 and 67A of the Public Records of Indian River County, Florida.
Containing 204.52 acres, more or less. u
i Section 12, being a subdivision of Tract " " as sho,,;n on the Plat
2• That portion of said
j of SEBASTIAN HIGHLA NDS UNIT FOUIRTEENras recorded Plat Gook , Pages
1 0 the rub; I c Records of Indian ,
Containing 1.00 acres, more or less.
11 land lying in the City of Sebastian, Indian River County, Florida, and containing
A
a total of 205.52 acres, more or less.
f '