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i <br /> 4 <br /> 2 . The existing Fidelity Federal Bank & Trust Irrevocable Letter of <br /> Credit No . 295-74902 in the amount of $ 35 , 604 . 00 will be released in exchange <br /> for cash totaling $ 28 . 065 . 60 which represents 115 % of the remaining <br /> required improvements to be completed , in support of a Cash Deposit and <br /> Escrow Agreement . <br /> 3 . All other terms set out in the Contract for Construction of Required <br /> Sidewalk Improvements No . PD -00-09 - 17-SC (99070081 ) remain in full force <br /> and effect . <br /> IN WITNESS WHEREOF , the parties hereto have set their hands and <br /> seals on the day and year first above written . <br /> POINTE WEST OF VERO BEACH , <br /> LTD . , a Florida limited <br /> partnership <br /> By: POINTE WEST OF VERO <br /> BEACH , INC . , General Partner <br /> Charles Mechling , President <br /> INDIAN RIVER COUNTY, FLORIDA <br /> by and through its Board of County <br /> Commissioners <br /> By: <br /> Kenneth R . Macht , Chairman <br /> BCC approved 3 / 4 / 03 <br /> ATTEST: J . K . Barton , Clerk of Court <br /> By: V/ q <br /> Deputy Clerk <br /> APPROVED AS TO FORM AND <br /> LEGAL SUFFICIENCY: <br /> By: <br /> � 4� <br /> William G . Collins II <br /> Deputy County Attorney <br /> 2 <br />