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Agreement With Captec Spring Hill I, LLC, for Hut Pumping Station and Force Main Capital Improvement Project for Utilities Department
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BRIEF OVERVIEW
Captec Spring Hill I, LLC is developing a commercial subdivision on the north side of Spring Hill Drive just west of the Suncoast Parkway to be known as Captec Development. As part of a Florida Department of Environmental Protection (FDEP) grant, the Hernando County Utility Department (HCUD) is currently upgrading the existing wastewater force main that is located within the proposed subdivision (known as the Hut Pump Station and Force Main Project). To meet the schedule of the proposed development, the Developer wishes to construct a portion of the new force main that is within the development. The attached agreement for the Board’s consideration is an agreement for the Developer to construct this section of force main and be reimbursed by HCUD.
FINANCIAL IMPACT
Funds in the amount of $417,489.73 are available in:
Fund: 4144 - HCUD Capital, Department: 07244 - HCUD - Capital, Account: 5626323 - Improv-WWTP/Liftstation.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board, on behalf of the Hernando County Water and Sewer District, approve the attached agreement with Captec Spring Hill I, LLC, authorize the Chairman to execute the agreement, and staff to record the agreement in the Public Records of Hernando County.