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11.I.1. DESIGN/BUILD CONTRACT - SOUTH COUNTY PARK <br />RECREATION MULTI PURPOSE BUILDING (RFP 6092) - <br />RANK ORDER APPROVAL DEFERRED <br />Deferred to first meeting in January 2005. <br />12.A. COUNTY ATTORNEY - RESOLUTION 2004-152 - THE OAKS <br />OF VERO, PHASE I - CALL LETTER OF CREDIT - SDK <br />KINGS, INC. - SECOND MODIFICATION TO CONTRACT <br />FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />County Attorney Collins addressed the Board to adopt the Resolution as a safe guard and <br />for staff to call the existing Letter of Credit No. 2004-16 in the amount of $500,684.03. The <br />developer did not complete the required improvements. Staff was also requesting the Board <br />approve the Second Modification to Contract for Construction of Required Improvements No. <br />PD -01 -06 -15 -CFC. <br />ON MOTION by Commissioner Wheeler, <br />SECONDED by Commissioner Davis, the Board <br />unanimously approved the Second Modification to <br />Contract for Construction of Required Improvements <br />No. PD -01 -06 -15 -CFC and authorized the Chairman <br />to execute same; and as a safeguard adopted <br />Resolution 2004-152 declaring default by SDG Kings, <br />Inc., a Florida Corporation, in its obligation to <br />complete required improvements to the Oaks of Vero — <br />P.D., Phase I, and authorizing staff to make sight draft <br />December 14, 2004 26 <br />