village of wellington, florida

NOTE 11. COMMITMENTS (Continued)Solid Waste Collection and RecyclingDuring the year ended September 30, 2008, the contract for waste and recycling collection services was bid.The bid was awarded to Waste Management, Inc. at a contract cost totaling $3,018,000 for the year endedSeptember 30, 2009 for residential services. The contract also grants the contractor the exclusive right toprovide service directly to commercial operations. The contract gives the contractor the right to petitionthe Village for rate adjustments on the basis of extraordinary and unusual changes in the cost of operations.Amounts to be paid pursuant to this agreement in fiscal year 2010 total $2,979,000.South Florida Water Management District Memorandum of Understanding (MOU)On February 4, 2004, the Village Council approved a Memorandum of Understanding (MOU) with SouthFlorida Water Management District (SFWMD) for funding and construction of the Basin B project. Theoriginal MOU acknowledged the need for improved water resource management facilities for Basins A andB that met regional multi-purpose objectives including environmental restoration, flood protection, waterquality enhancement and recreation. This MOU was amended on June 26, 2007 authorizing the Village toconstruct pump station 7 and related ancillary project features with full reimbursement by SFWMD to theVillage upon satisfactory completion of each phase of the project.On October 23, 2007, the Village agreed to design, permit, construct, operate and maintain the Section 24Impoundment, including an inflow pump station, outflow water control structures, and related projectfeatures to complete the Phase 2 project under the same basic terms of MOU No. 1 initially approved forthe construction of pump station No. 7. Under the revised MOU, SFWMD will reimburse the Village forall costs incurred for the design and construction of a standard electric inflow Pump Station No. 9, Section24 Impoundment, outflow water control structures and various other project features at a cost of $21million and then split any additional costs 50/50 with the Village not to exceed the total SFWMD projectbudget of $21.5 million. As of September 30, 2009, cumulative expenditures of $7,809,291 have beenexpended and reimbursed through the Capital Projects Fund.Town CenterWellington has undertaken the creation of a “Town Center”. A new municipal complex, amphitheater, andbarrier-free playground will be constructed. In addition, improvements to the aquatics complex, and theWellington Community Center will help to create a sense of identity for the Village and a focal point forresidents and businesses alike.Wellington has contracted with The Weitz Company, LLC for the construction of a new MunicipalComplex. This project, started during the first quarter of fiscal year 2010 and will be completed during2011, will be used to consolidate many departments under one roof. A contract has been awarded in theamount of approximately $10.5 million and is being accounted for in the Capital Projects Fund.Wellington has contracted with Coastal Contracting & Development for the construction of anamphitheater and barrier-free playground. The open-air amphitheater will have a stage, “green rooms” forperformers, restrooms, and a staging/loading area for equipment. The barrier-free playground will havetwo distinct play areas designed in an equestrian theme. In addition, the playground will contain benches,pavilions, swing sets, trash receptacles, drinking fountains, a “reading corner” and a bathroom facility thatwill serve both the playground and the amphitheater. This project will be completed during 2010 and isbeing accounted for in the Capital Projects Fund. A contract has been awarded in the amount ofapproximately $1.7 million. A grant from Palm Beach County totaling $820,000 will be used as funding forthe amphitheater portion of the project.50