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This document prepared by and return to: 11/8/04wcg(PWD)jwd <br /> Indian River County <br /> Public Works Department <br /> 184025 1h Street <br /> Vero Beach, Fl . 32960 <br /> DEVELOPER' S AGREEMENT BETWEEN <br /> INDIAN RIVER COUNTY, FLORIDA <br /> AND <br /> SEGOVIA LAKES LLC FOR <br /> SEGOVIA LAKES PLANNED DEVELOPMENT <br /> RELOCATION OF 16TH STREET (ATLANTIC BLVD.) <br /> AND STORMWATER MANAGEMENT <br /> THIS AGREEMENT, entered this 4th day January 2005 by and between <br /> INDIAN RIVER COUNTY, FLORIDA a political subdivision of the State of Florida, 1840 25th <br /> Street, Vero Beach, Florida, 32960 hereafter called COUNTY and SEGOVIA LAKES LLC , 2655 <br /> LeJeune Road, Suite 802 , Coral Gables, Florida 33134, Attn : David R. Garcia, hereafter referred to <br /> as the DEVELOPER. <br /> WITNESSETH <br /> WHEREAS , the DEVELOPER proposes to develop a residential community to be known as <br /> Segovia Lakes Planned Development on a 30-acre parcel of land along 58th Avenue, (Indian River <br /> County Project Number 2002050008) which is legally described on Exhibit "A" attached hereto and <br /> incorporated herein by reference, and; <br /> WHEREAS, the COUNTY and DEVELOPER share mutual concerns with respect to right- <br /> of-way acquisition, roadway, and drainage improvements for 58th Avenue and 16th Street (Atlantic <br /> Blvd . ) , and; <br /> WHEREAS , both the COUNTY and DEVELOPER can assist each other through a joint <br /> effort that will provide for right-of--way acquisition, drainage, and roadway paving of 16th Street <br /> (Atlantic Blvd .) . <br /> NOW, THEREFORE, in consideration of the mutual terms, conditions , promises , covenants <br /> and premises hereinafter, the COUNTY and DEVELOPER agree as follows : <br /> 1 <br /> J:1Planning & Zoning\AGUERREVERE, ENRIQUE\Segovia Lakes clean 840-04 version.doc <br />