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<br /> including conditions and requirements of any applicable Co
<br /> unty of which are hereby incorporated by reference and made a part hereof
<br /> right-of-way permit, all
<br /> 3 . In order to guarantee performance of this contract, Developer
<br /> simultaneously herewith furnish an executed cash deposit and escrow agreement,
<br /> form to be approved by the County Attorney , between p shall
<br /> County Office of Management and Budget, as the escrow g ement, in a
<br /> Developer and the Indian River
<br /> $ 4 19 which amount is not less than one hundred fifteen the amountofof the estimated total cost of improvements
<br /> remaining to be cons
<br /> determined in accordance with the County's Subdivision an percent ( d , s
<br /> understood that the full amount a the escrow dideposit shall constructed , as
<br /> d Platting Ordinance . It is
<br /> County and shall not be reduced during the course of construction awithoutlable to the
<br /> written modification thereof, the escrow agreement executed by all the parties ,
<br /> an express
<br /> Requested reductions shall not be unreasonably withheld by the Count
<br /> may at any time substitute guarantees , subject to the approval as to form and amo
<br /> by the County. amount nt
<br /> 4 . Up to $ 1 , 0008000 . 00 , or the limits of any applicable underlying
<br /> excess insurance coverage carried by Developer or to be obtained during the course or
<br /> the construction of the subdivision improvements , Developer agrees to indemni ` hof
<br /> old
<br /> harmless , and defend the County against any and all claims , dams fY, hold
<br /> expenses , including attorney's fees , for property damage , yes , losses , and
<br /> loss of life , arising from the negligent acts or omissions of the Developer, its
<br /> 9 , personal or bodily injury, or
<br /> employees , agents , or contractors , subcontractors , laborers , or suppliers, relating
<br /> the construction of the required improvements , includingall officers ,
<br /> constructed on existing publicly dedicated or County-owned hoop improvements to be
<br /> sidewalk, bikepath , lighting , signalization , traffic control , drainage , ywate, as street,
<br /> improvements ,
<br /> or sewer
<br /> 5 . The County agrees to approve the plat for recordation in the P ubc Records
<br /> of Indian River County, Florida upon a finding as to compliance with all applicable
<br /> li
<br /> provisions of the County's Subdivision and Platting Ordinance and upon execution
<br /> hereof. The County shall accept those areas specificallypPl cable
<br /> the purposes indicated on the plat at the time . However, nothing
<br /> me of plat recordation dedicated to the County for
<br /> herein shall be construed as creating an obligation upon the County to perform a
<br /> Of construction or maintenance within such dedicated areas until such time as act
<br /> required improvements are satisfactorily completed . Satisfactory completion t in
<br /> accordance with the land development permit, plans , specifications , and ordinance
<br /> requirements of Indian River County shall be determined by the County and shall b
<br /> indicated by specific written approval of the Public Works Director or his designated
<br /> e
<br /> representative , after receipt of a signed and sealed Certificate of Completion from the
<br /> Project engineer of record .
<br /> 6 • In the event the Developer shall fail or neglect to fulfill its obligations under
<br /> this contract and as required by the Indian River County Code , the Developer,
<br /> Principal , and the funds in escrow deposit shall be liable to pay for the cost of
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