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A TRUE COPY <br /> Ir ATION ON LAST PA <br /> said funds are necessary to properly remove and dispose of all stockpiledr0 �, CLFPiK <br /> Materials , All funds disbursed to County in excess of the final amount dei i ti&@D <br /> necessary by the County to properly remove and dispose of the stockpiled <br /> Materials , shall be returned to Developer , its legal representatives , <br /> successors or <br /> assigns . If the escrowed funds are insufficient to pay the total cost and expense of <br /> removal and disposal of the C & D Materials , Developerthelltota cost and expense <br /> n demand , pay to <br /> the County such additional amount as is necessary to pay <br /> of removal and disposal . <br /> rm of <br /> 5 . Subject to paragraph I be disbursed to Devetloper ag close 4 , any interest earnedurinthe eof escrow .row , <br /> less administrative expenses , shall <br /> 6 . The $ 12 , 500 . 00 held in escrow hereunder exist solely for the protection , <br /> use and benefit of the County and shall not be construed or intended in <br /> any y , <br /> expressly or impliedly , to benefit or secure payment to any contractor , suubsntractlabor , <br /> laborer , materialman , architect , engineer , attorney or otherwhileasuch funds <br /> dsr <br /> material , supplies , or services , or to benefit any party , <br /> subject to this escrow . The County shall not be liable to any of the aforementioned <br /> parties for claims against the Developer or contractor relating to the removal and/ or <br /> disposal of stockpiled C & D Materials associated <br /> Fed with the demolition debris facility <br /> located at 1350 74 h Avenue SW , Vero , <br /> dan <br /> 7 . This Cash Deposit and Escrow Agreement is he f full and <br /> comlete <br /> te <br /> understanding of the parties and shall not be construed or p by reference <br /> any prior agreement , discussion , or understanding , except as specifically mentioned <br /> herein . The escrowed funds shall not be assigned without the express written <br /> approval ofthe County . Any d inntl writing , and andmexdecuteldn , byxtauthorized <br /> revision he or hereto shall be <br /> representatives of each party . <br /> IN WITNESS WHEREOF , the Developer hereby agrees to the above <br /> terms of escrow for its $ 12 , 500 . 00 cash deposit . <br /> INDIAN RIVER COUNTY RECYCLERS , <br /> LLC . , a FI ' da limited liability <br /> comp ny <br /> By : � <br /> eatrice b rtor , �fJlanagi mber <br /> DE LOPER <br /> ATTEST : J . K . Barton , Clerk INDIAN RIVER COUNTY <br /> �) By : Cc� <br /> By : heeler , Chairman <br /> Deputy Clerk •a ° ° °° ° COUNTY <br /> �J0 SS/ <br /> Approv of ice of Manag t and Budget . �" 4Z) <br /> By . roved : May 1 , 2012 <br /> By . <br /> J)1as . <br /> Brow , OMB Director <br /> • ' Qa° <br /> Appto rm and legal ufficiency <br /> eo <br /> olac r . � ER Cttorney 2 <br />