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Mr. Engle <br /> expressed that he has tried several bonding companies with his <br />contractor and they have only been able to get a two-year bond with the ability to renew in a <br />year. <br /> <br />Michael O’Haire <br /> stated he would not like the Ordinance to be changed but rather <br />interpreted to have prospective not retroactive effects. <br /> <br />Nick Christener <br />, 5145 Windjammer Lane, asked whether the problem would be <br />solved if Mr. Engel could get the two-year bond with the one-year option. <br /> <br />The Vice Chairman closed the public hearing. <br /> <br />Discussion ensued and Attorney Collins stated a two-year bond with a one-year <br />option could be worked out. <br /> <br />MOTION WAS MADE by Commissioner Davis to add <br />the language “and/or contractor” to the ordinance, <br />SECONDED by Commissioner Wheeler. <br /> <br />The Vice Chairman CALLED THE QUESTION and the <br />motion passed by a 4-0 vote Chairman Lowther absent, <br />and the Board adopted Ordinance 2005-032 amending <br />Indian River County Code Section 913.10(2) to allow <br />maintenance bonds as security for the warranty of required <br />subdivision improvements. <br /> <br />Assistant County Attorney Bill DeBraal felt the motion was sufficient to get the <br />Lee’s in their home. He explained the developer will now be able to, post the necessary bonds to <br />September 6, 2005 19 <br /> <br />