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T- <br />ORIG <br />4 ,'k,s Do J7 _ Ci 7 <br />DEVELOPER'S AGREEMENT <br />between <br />INDIAN RIVER COUNTY, FLORIDA <br />and <br />PIONEER BAPTIST CHURCH OF VERO CH, INC. <br />This Developer's Agreement, entered into thi� day 2008 by and <br />between INDIAN RIVER COUNTY, FLORIDA, a politi subdiviViof the State of <br />Florida, hereinafter referred to as COUNTY, and PIONEER BAPTHURCH OF <br />VERO BEACH, INC., hereinafter referred to as DEVELOPER, for the purpose of <br />providing drainage facilities. <br />WITNESSETH: <br />WHEREAS, DEVELOPER owns a 3.35+- acre parcel of land at the northwest <br />comer of Old Dixie Highway and The South Relief Canal, known as Indian River County <br />Tax Parcel #33-39-13-00000-7000-00028.0, hereinafter referred to as "parent tract" as <br />described in Exhibit "B', attached hereto and incorporated herein by reference, and, <br />WHEREAS, both COUNTY and DEVELOPER share mutual concerns with <br />respect to road and drainage facilities for Old Dixie Highway, replacement of the bridge <br />over the South Relief Canal, and future expansion of DEVELOPER'S property located <br />adjacent to Old Dixie Highway; and <br />WHEREAS, both the COUNTY and PIONEER can assist each other through a <br />joint effort that will facilitate widening the road, replacing the bridge, and providing <br />stormwater treatment. <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, <br />covenants, and premises hereinafter, the COUNTY and DEVELOPER agree as follows: <br />1.The above recitals are affirmed as being true and correct and are thereby <br />incorporated herein. <br />2.Within 30 days of execution of this AGREEMENT by all required parties, <br />DEVELOPER shall convey by warranty deed, a parcel of land in the southeast corner of <br />the parent tract to COUNTY for construction of a drainage retention facility. Said parcel <br />shall contain .47 acre (legal description attached as Exhibit "A"). The COUNTY shall <br />pay to the DEVELOPER the sum of $60,630.00 for said parcel. <br />3.The COUNTY shall construct at the COUNTY'S sole cost and expense, a new <br />3 -lane bridge at Old Dixie Highway over the South Relief Canal, and road widening and <br />paving improvements to provide left tum lanes at 1 st Street and 2nd Street. <br />4.The COUNTY shall construct its retention pond and outfall structure to the <br />South Relief Canal south of the Exhibit "A" parcel. The outfall pipe shall be sized to <br />accommodate DEVELOPER'S potential ultimate needs for future pond enlargement. <br />Any existing wells, irrigation equipment, or other improvements situated within the <br />Exhibit "A" parcel shall be relocated at COUNTY'S sole expense, if required. COUNTY <br />shall construct at its sole expense, a 24 -foot wide paved driveway connection to 2"d Street <br />along the north side of the EXHIBIT "B" property. All work will coincide with the Old <br />Dixie Highway/South Relief Canal Bridge Replacement and related Roadway <br />Improvement Project, when and if actually constructed. <br />CAI)m rents and Settings\HP Adm=sb*d\My Do mmtsl =M]Baptistaurchmvisedl0.04-07.dm <br />