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05/ 19/ 2006 12 : 14 7725694317 COATTY PAGE 02 <br /> HOUSE MOVING CASH BOND ESCROW AGREEMENT <br /> 4000 <br /> The parties to this agreement, Anne Wolfe , 715 Peggy Stewart Court, <br /> Davidsonville , Maryland 21035 ("Owner") and INDIAN RIVER COUNTY , 1840 <br /> 25th Street, Vero Beach , Florida 32960 ("County") hereby agree as follows : <br /> 1 . A cash bond in the amount of Thirty-Eight Thousand Nine Hundred <br /> Seventy-Three and 50/100 Dollars ($38 ,973 . 50) has been posted by Owner <br /> pursuant to Section 955.05 , Indian River County Code , for the purpose of <br /> guarantying compliance in full within one ( 1 ) year with all applicable requirements <br /> of the building code and land development regulations. Failure to fully comply <br /> within one ( 1 ) year, will result in forfeiture of the bond to the Board of County <br /> Commissioners of Indian River County, Florida . <br /> 2 This bond relates to the relocation of a house to 1861 East Shell <br /> Lane , Vero Beach , Florida 32963 . <br /> 3 . The bond amount represents one hundred fifteen percent ( 115% ) <br /> of the costs of upgrading the referenced residence to the minimum standards of <br /> Indian River County codes based upon an architect or engineer certification of or <br /> actual contract price for the costs. <br /> 4 . The cash bond will be deposited with the Clerk of the Board of <br /> County Commissioners . Should the house be moved to 1861 East Shell Lane , <br /> Vero Beach , Florida 32963 and properly hooked up as to foundation , electric, <br /> plumbing , and septic tank and/or water and sewer (as applicable) within one ( 1 ) <br /> year of this date , Owner may request that the Public Works and Building <br /> Departments certify compliance with applicable codes to the Clerk's Office , <br /> Finance Division . Upon certification of compliance , the Clerk will release the <br /> bond . In the event of non compliance, any portion of the cash bond as <br /> necessary to bring the structure into compliance with Indian River County codes , <br /> as determined by the Building Department, shall be retained by County to <br /> accomplish such repairs or construction . <br /> Acknowledged and agreed to this day of 2006 . <br /> � . Vv <br /> Anne Wolf Owner" <br /> INDIAN RIVER COUNTY <br /> By <br /> William G . Collins II <br /> County Attorney <br /> 10 "County" <br /> U Mpy2410 , <br /> ti , V' RV <br /> Gvt - <br />