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AGREEMENT BETWEEN INDIAN RIVER COUNTY, FLORIDA AND AMERITREND HOMES, INC. FOR HIGH POINTE SUBDIVISION FOR THE CONSTRUCTION OF OFF-SITE UTILITIES THIS AGREEMENT by and between INDIAN RIVER COUNTY, a political subdivision of the State of Florida, the address of which is 1840 25th Street, Vero Beach, Florida 32960 (hereinafter the "COUNTY') and HIGHPOINTE, L.L. C . , a Florida Limited Liability Company, the address of which is 1910 82nd Ave. Suite 202, Vero Beach, FL 32966 (hereinafter the DEVELOPER) is effective upon execution by the second of the two parties. WHEREAS, the DEVELOPER, in conjunction with the construction improvements at HIGH POINTE SUBDIVISION, is providing water and wastewater facilities to the subject property located at 3745 65TH STREET, and more specifically described in Exhibit "A" pages I and 2 ; and WHEREAS, pursuant to Section 918 .05 , The Code of Indian River County (Ordinance 90-16, as amended), the COUNTY, requires the DEVELOPER to provide the utility improvements to connect to the regional water main and force main, and the COUNTY, pursuant to Section 201 . 11 , of the Code, agrees to reimburse the DEVELOPER, as provided herein, for the cost of providing off-site Master Planned Water Main utilities, NOW, THEREFORE, for and in consideration of the mutual promises set forth herein and other good and valuable consideration, the COUNTY and DEVELOPER agree as follows : 1 . OFF-SITE UTILITIES : The DEVELOPER shall construct the necessary off-site utilities described herein as directed by the Indian River County Utilities Department. The COUNTY shall reimburse the DEVELOPER for installing Master Planned off-site utilities as outlined below: A. 12-inch Diameter Master Planned Water Main west along north side 65 `h Street from the north east comer of 65`h Street and Old Dixie Highway to the existing water main located approximately 400 linear feet west of the Lateral G canal for a distance of approximately of 5238 linear feet. The DEVELOPER shall furnish and install approximately 5130 linear feet of PVC and PE 12-inch and approximately 108 linear feet of jack and bore Master Planned Water Main pipe and appurtenance along the north side of 65" Street from the north east comer of 65 "' Street and Old Dixie Highway to approximately 400 feet west of the Lateral G Canal where it connects to an existing water main. See Exhibit 'C' for location / sketch.