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A2 043 <br /> go /1 <br /> DEVELOPER' S AGREEMENT BETWEEN <br /> INDIAN RIVER COUNTY, FLORIDA <br /> AND <br /> NORTH COUNTY CHARTER SCHOOL, INC. <br /> THIS AGREEMENT, entered this 16th day of July , 2013 , by and between <br /> INDIAN RIV1iR COUNTY, FLORIDA a political subdivision of the State of Florida, 180127' <br /> Street, Vero Beach, Florida, 32960 hereafter called COUNTY and NORTH COUNTY CHARTER <br /> SCHOOL, INC. , a Florida Non Profit Corporation, 6640 Old Dixie Highway, Vero Beach, FL <br /> 32967, Telephone No . 772-794- 1941 , hereafter referred to as the DEVELOPER. <br /> WITNESSETH <br /> WHEREAS, the DEVELOPER has. applied to construct an addition to the existing North <br /> County Charter School that will increase enrollment from 232 students to 402 students . 1he site is <br /> located at 6640 Old Dixie highway, Vero Beach, FL. The Indian River County Project Number is <br /> 96080094 (Application number 70282), the legal description is attached as Exhibit 'A" and <br /> incorporated herein by reference, and; <br /> WHEREAS, the DEVELOPER is required to construct a southbound left turn lane into the <br /> site from Old Dixie Highway due to the increase in enrollment; <br /> WHEREAS, the COUNTY is proposing to resurface Old Dixie Highway along the frontage <br /> of the North County Charter School ; <br /> WHEREAS, the COUNTY and DEVELOPER share mutual concerns with respect to the left <br /> turn lane improvements on Old Dixie Highway; <br /> WHEREAS, both the COUNTY and DEVELOPER can mutually benefit each other through <br /> a joint effort that will share the cost of the proposed southbound left turn lane on Old Dixie Highway <br /> improvements , <br /> WHEREAS, the COUNTY is requesting certain improvements to Old Dixie Highway that <br /> cannot be currently performed by DEVELOPER due to timing issues of the resurfacing project on <br /> Old Dixie Highway right-of--way; and <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 . The above recitals are affirmed as being true and correct and are thereby incorporated herein. <br /> 2 . The DEVELOPER shall pay to the COUNTY the sum of $48 ,927 .00 prior to issuance of a <br /> Certificate of Operation for the expansion of the North County Charter School as a <br /> contribution for construction of the southbound left turn lane improvements on Old Dixie <br /> 1 <br />