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7. CONSENT AGENDA (CONT'D.) PAGE F. The Lakes at Sandridge Phase 1, Developer: IRC Development, L.L.C., Modification to Warranty and Guaranty Agreement, and Bill of Sale for Required Improvements and Cash Deposit and Escrow Agreement (memorandum dated March 15, 2007) 29-38 Approved the Modification to Warranty and Guaranty Agreement, and Bill of Sale for Required Improvements Contract No. PD-03-07-17-WGPH1 (2002120179-38772) and Modification to Cash Deposit and Escrow Agreement; authorize the Chairman to execute same; and authorize the return of $123,260 currently held in escrow to IRC Development, L.L.C. G. Echo Lake Right -of -Way Conveyance (memorandum dated March 26, 2007) 39-46 Approved the conveyance of the Echo Lake Right -of- Way and authorized the Chairman to execute the Quitclaim Deed in order to clarify the public records. H. Indian River County Bid # 2007046 Egret Marsh Stormwater Park, Public Works Department / Stormwater Division (memorandum dated March 19, 2007) 47-52 Approved the recommendation of staff to reject both bids because it was determined neither bidder ineets the specifications set forth in the Invitation to Bid and both bids exceed the budgeted ainount. Gifford Youth Activity Center, Inc., Lease Agreement — Maintenance and Repairs, Miscellaneous Budget Amendment 015 (memorandum dated March 27, 2007) 53-59 Approved Resolution #2007-030 in the ainount of $2, 735. for reimbursement from the Renewal and Replacement Fund to cover the costs of roof repairs at the Gifford Youth Activity Center. J. Professional Engineering Services Agreement, CR 512 Corridor Improvements — IRC Project No. 9611, Addendum No. 13 (Masteller & Moler, Inc.) (memorandum dated March 26, 2007) 60-67 Approved Addendum No. 13 for a total cost of $55,275 made payable to Masteller & Moler, Inc. April 3, 2007 Page 4 of 13