2003-052 - Laserfiche WebLink

Home Browse Search

UD Ul zuu3 hA.\ -T J,3' iUti4 M -R HOMES,Ltd. -. MALASKI MODIFICATION TO CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS NO. PD -01 -08 -18 -CFC (99110063-26994) THIS MODIFICATION, made and entered into this 6th day of , 2003, by and between M -R Homes, Ltd., a Florida limited partnership, hereinafter referred to as "Developer", and INDIAN RIVER COUNTY, a political subdivision of the State of Florida, by and through its Board of County Commissioners, hereinafter referred to as "County". WITNESSETH: WHEREAS, Developer entered into a Contract for Construction of Required Improvements No. PD -01 -08 -18 -CFC (99110063-26994) guaranteeing the completion of certain required improvements on or before February 12, 2003; and WHEREAS, those certain required improvements are not completed; and WHEREAS, the Indian River County Code Section 913.10(1)(B) allows up to lone year from date of final approval for the required improvements to be completed; and thaWHEREAS, the Indian River County Code Section 913.10(1)(E) states t for good cause shown, the Board of County Commissioners may in its discretion grant one or more extensions of time for performance of any contract fort required improvements, provided the surety supporting such contract remains valid for the required 90 -day period following the newly extended time for performance; and WHEREAS, the final plat for Seasons, P.D. was approved by the Board of County Commissioners of Indian River County on February 12, 2002; and thoWHEREAS, Developer wishes to extend the date in which to complete se required improvements; and WHEREAS, it is staffs recommendation to extend the date in which to complete those required improvements to February 12, 2004 with the letter of credit supporting such contract extension to remain in place until May 12, 2004; NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES HEREIN CONTAINED, the parties agree as follows: 10002 -0.3