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The DEVELOPER shall pay line extension fees in the amount of $ 11 .25 per foot of property frontage of the proposed water main. There are 602 + 40 + 190 = 832 linear feet of frontage on 65'" Street. DEVELOPER' S fee for this portion is tabulated below: Frontage Total Frontage Cost per Front Footage ($/ ft.) Developer Cost 602 + 40 + 190 LF 832 LF $ 11 .25 $9,360.00 Reimbursement: The County shall provide 100% reimbursement to the DEVELOPER less line extension fees of $9,360.00 for this water main based on an itemized invoice of installed materials at the time the above referenced facilities are dedicated to and accepted by the COUNTY. Reimbursement shall be in the form of a check from the COUNTY and shall not exceed the amount of $383,040.50 (see attached Exhibit "B"). The COUNTY'S obligation to make reimbursement to DEVELOPER shall expire five (5) years from the date of this Agreement. 2 . Amendment: This Agreement may be modified only by a written instrument executed by all parties to the Agreement. 3 . Assignability: Either party may assign this Agreement. However, the rights granted herein shall run with the land and are not the personal property of the DEVELOPER. Therefore, while the DEVELOPER has the right under this Agreement to freely transfer the rights and obligations granted by this Agreement, the assignee shall not have the right to transfer these rights to another property unless this Agreement is amended in writing by the assignee and the COUNTY. 4. Authority: Each party hereto represents and warrants to the other that the execution of this Agreement and any other documents required or necessary to be executed pursuant to the provisions hereof are valid, binding obligations and are enforceable in accordance with their terms. 5 . Biddine and Award: The DEVELOPER shall use the County's public competitive bid process for all off-site utilities to be constructed under this Agreement, and Developer further agrees fully and timely to cooperate with the COUNTY in the public competitive bidding of the construction of off-site utilities described in this Agreement. The DEVELOPER shall timely provide the Indian River County Purchasing Division with sufficient information, including, without limitation, the nature of the project, where the plans may be purchased, the purchase price of the plans in an amount not to exceed One Hundred Dollars ($ 100.00), the proposed date of bid opening, and all other necessary and required competitive bid details to ensure sufficient public notice of the construction of off-site utilities described in this Agreement to enable the COUNTY to post a notice on DemandStar. The DEVELOPER agrees that the Indian River County Purchasing Division shall conduct the public competitive bid process for the construction of off-site utilities described in this Agreement to obtain bona fide bids from licensed and qualified utility contractors, and such bids to be publicly opened and read aloud. DEVELOPER' S consulting engineer shall be selected from a list of firms pre-qualified and under continuing contract with the COUNTY for water and wastewater services (RFQ #6037) AKA (UCP CDS/CCS 2019). The DEVELOPER shall cause the DEVELOPER' S consulting engineer, to review the bids received by the Indian River County Purchasing Division, and to make a written recommendation to the County' s Department of Utility Services for award of the bid to a licensed and qualified utility contractor. The term "qualified" shall be as determined by the County. The COUNTY'S reimbursement of construction costs to the DEVELOPER shall be conditioned upon the approval of all project costs by the County's Department of Utility Services. Bid proposals and engineering costs related to the work described herein shall be subject to prior approval by County's Department of Utility Services. The DEVELOPER shall not commence work -Page 2 - C.000U WS AND SET GSYAME R"CUMEMSI0.IRWREVISpIDFIM1]tWE0.SAGREEMMEti'f-ATfACIC.Q]vR3110.14G6PEV15[UDF.VFIUP4RSA4RF}MtM-AI-IRCHMENT2DOC