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! ►� -7/0 � <br /> a ' <br /> RESOLUTION NO. 2006- 173 <br /> A RESOLUTION OF THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, <br /> FLORIDA, DELEGATING TO THE COUNTY <br /> ADMINISTRATOR OR DESIGNEE THE <br /> AUTHORITY TO EXECUTE MODIFICATIONS TO <br /> CONTRACTS FOR CONSTRUCTION OF <br /> REQUIRED SIDEWALK IMPROVEMENTS AND <br /> ACCOMPANYING CASH DEPOSIT AND <br /> ESCROW AGREEMENTS, IF APPLICABLE, <br /> UNDER SECTION 913.09(5)b FOR SUBDIVISION <br /> IMPROVEMENTS. <br /> WHEREAS, when properties are platted, the developer cannot receive a <br /> Certificate of Completion for the project until all the required improvements are <br /> installed, with the exception of sidewalks and final lifts of asphalt; and <br /> WHEREAS, pursuant to section 913.09(5)b of The Code of Indian River <br /> County, developers required to construct sidewalk segments along thoroughfare plan <br /> roadways may delay construction of required sidewalk segment(s) for a period of two <br /> years beyond the final plat approval date of the corresponding subdivision development <br /> with the ability to extend the contract for construction and posted security for an <br /> additional two years upon approval of both the Public Works Director and the <br /> Community Development Director. Developers required to construct sidewalk <br /> segments along local roadways may delay construction of required sidewalk segment(s) <br /> for a period of two years beyond the final plat approval date of the corresponding <br /> subdivision development with the ability to extend the contract for construction and <br /> posted security at a rate of two years for every eight project lots which received final <br />