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(b) Indian River County, the State of Florida or <br />other.governmental entity -accepts bids for the widening of State <br />Road A -1-A which will require the use of the ten (10,') foot r <br />.strip which is the subject of this dedication. <br />PROVIDED FURTHER, that this dedication shall <br />automatically expire should the Owner not elect to construct the <br />perimeter and security wall within ten (101) feet of the <br />existing.right-of -way for State Road A -1-A. This dedication <br />shall be accepted by the Board of County Commissioners by a <br />resolution adopted -by the County -Commission reciting the book <br />and page number of this recorded agreement and the dates at <br />which the bids for the widening of the road were accepted. The <br />County shall give Owner notice that the dedication has been <br />accepted and shall specify a time period within which Owner will <br />be required to remove this security and perimeter wall, said <br />time period shall not be less than sixty (60) days. Owner <br />hereby agrees to remove the wall at its sole expense. Owner <br />shall be permitted to relocate said wall (but shall not be <br />obligated to do so) westerly of the right-of-way established by <br />this dedication according to the building permit process then in <br />existence in. Indian River County. <br />3. BINDING EFFECT: This agreement shall be recorded <br />in the Public Records of Indian River County and shall be <br />binding upon owners, successors and assigns. The obligation to <br />remove the perimeter and security wall (providing same is placed <br />within the ten (101) foot strip) shall be enforceable'against <br />any and all property owners associations and/or condominium <br />associations formed in connection with the development of RIVER <br />BEND PHASE 1 Project. Owner shall take all necessary steps to <br />impose said obligation upon any such association or other <br />organization by reference to this agreement and any condominium <br />declarations or restrictive covenants filed in connection with <br />61 <br />BOOKrN <br />PW 631 <br />