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3/19/1980
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3/19/1980
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7/23/2015 11:48:52 AM
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6/11/2015 11:19:22 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
03/19/1980
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s <br />AND WHEREAS Indian River County and General desire <br />to formalize the specific responsibilities of General and <br />Indian River County; <br />Now THEREFORE, in consideration of the premises, the <br />issuance of the required permits to erect and construct said <br />entrance feature, and other good and valuable considerations, <br />it is agreed by and between the parties hereto as follows: <br />1. Indian River County will issue the required <br />permits to General, authorizing General to erect and construct <br />trees and other landscaping in accordance with that landscaping <br />plan and on that property as described on Exhibit "A" attached <br />hereto and by this reference incorporated herein. <br />2. General shall maintain the aforementioned land- <br />scaping for a period of three (3) years from time of planting. <br />3. General shall provide Indian River County with <br />a corporate bond with a term beginning three (3) years from <br />time of installation of the landscaping and continuing for <br />an additional seven (7) years in the amount of $10,000.00. <br />Said bond shall be in favor of Indian River County and shall <br />insure the maintenance of such landscaping during said period. <br />4. General shall establish a Property Owners Asso- <br />ciation for Vero Highlands and record deed restrictions which <br />run with the land and which shall require such Property <br />Owners Association to be responsible for maintenance on <br />such landscaping and further obligate such Property Owners <br />Association to obtain liability insurance on the subject <br />property beginning after the expiration of the initial three <br />(3) year term set forth above, said policy showing Indian <br />River County as an additional insured. <br />5. General shall agree to indemnify and hold Indian <br />River County harmless from any liability during the planting <br />- 2 - BOOK. <br />'43 PAGE 125' <br />
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