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11Feb 11 04 01 : 52p Indian River County 772 - 770 - 5095 p . 2 <br /> 2 <br /> � <br /> corporate, for use with <br /> letter of credit <br /> CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br /> NO . SD-03 -0342CFCPH1 (2002040141 ) <br /> THIS CONTRACT, made and entered into thisday of <br /> bV UGVY 2004 by and between Sunland Development, Inc . , a Florida <br /> corporation , hereinafter referred to as "Developer, " and INDIAN RIVER COUNTY, a <br /> political subdivision of the State of Florida , by and through its Board of County <br /> Commissioners , hereinafter referred to as "County" . <br /> WITNESSETH : <br /> WHEREAS , Developer is commencing proceedings to effect a subdivision <br /> of land within Indian River County, Florida ; and <br /> WHEREAS , a final plat of the subdivision within the unincorporated area <br /> of Indian River County shall not be recorded until the Developer has installed the <br /> required improvements or has guaranteed to the satisfaction of the County that such <br /> improvements will be installed ; and <br /> WHEREAS , Developer requests the approval and recordation of a certain <br /> plat to be known as Diamond Lake Subdivision , Phase One ; and <br /> WHEREAS , the required improvements are to be installed after <br /> recordation of this plat under guarantees posted with the County. <br /> NOW , THEREFORE , IN CONSIDERATION OF THE MUTUAL <br /> COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as follows , <br /> 1 . Developer agrees to construct on or before <br /> March 23 , 2005 in a good and workmanlike manner, those <br /> improvements described as follows : <br /> See Exhibit "A" attached hereto <br /> or otherwise required by the Indian River County Code in connection with the approval <br /> of said plat . A copy of the plat shall be recorded in the Public Records of Indian River <br /> County , Florida upon the final approval of the Board of County Commissioners and <br /> made a part hereof for all purposes . <br /> 1 <br /> FAattomeylnancy\DOCSTLAMk for con w loci diamond lakei.doc <br />