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7. CONSENT AGENDA (CONT'D.) PAGE D. Quail Creek PD — Transfer from Regent Group, LLC to SLM Investments, LLC Consent to Assignment of Contract for Construction of Required Improvements, Consent to Assignment of Contract for Construction of Required Sidewalk Improvements (memorandum dated December 7, 2005) 15-34 Approved each Assignment and authorized the Chairman to execute the County's consent to such assignments and the return of Regent Group, LLC's security condition upon the receipt of: 1. Letter of Credit validation; 2. Properly executed and completed Notice of transfer and Assumption of Preliminary Plat Approvals and Obligations; and 3. Properly executed and completed Notices of Transfer and Assumption of Indian River County Department of Utility ,cervices Utility Construction Permit E. New Sublease Agreement with Airmasters Radio Control Club, Inc. (memorandum dated December 5, 2005) 35-46 Approved and adopted Resolution # 2005-209 and authorized the Chairman to sign the Sublease Agreement and Resolution as presented. F. Renewal of Professional Services Master Agreement Right-of-way Acquisition Services with American Acquisition Group, Inc. (memorandum dated December 6, 2005) 47-50 Approved and authorized the Chairman to execute the extension of the Professional ,cervices Agreement for Right -of -Way Acquisition ,cervices with American Acquisition Group, Inc. with rates as listed in Exhibit "A". G. Request for Authorization for Staff to Call Letter of Credit, Subdivision: Oak Hollow Estates, Developer: DiLeco Development, LLC (DiRocco Construction Co., Inc.: Manager/Member) (memorandum dated December 7, 2005) 51-62 Approved and adopted Resolution # 2005-210 authorizing staff to call the existing First National Bank and Trust Company of the Treasure Coast Irrevocable Letter of Credit No. 2004-20 in favor of Indian River County in the amount of $582,375.02 on or before Januar), 5, 2006. December 13, 2005 Page 3 of 12