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for placement, the Corporation shall have the option of seeking private placement of the bonds with a local lending institution or such other source as may be available. In the event the Corporation is unable to place the bonds privately, then the parties agree to cooperate and use their combined best efforts to seek alternate sources for placement of the bonds or alternate financing. - 7. Water taps which will be reserved by the Corporation shall run with the land and may only be transferred to its successor in title for consideration based on the -actual cost to the landowner for procuring the taps. After the special assessment bond has been placed and the special assessment liens issued, landowners shall deal directly with the County with respect to those taps reserved for their land. 8. This contract is written specifically for the bene- fits of the parties hereto and there is no intent on the part of the parties to this contract to create rights in any third parties. No third party shall have any right whatsoever against either of the parties to this contract. 9. This agreement constitutes the entire understanding and agreement between the parties and may only be modified subsequently in writing.by the mutual consent of both parties. IN WITNESS WHEREOF, the duly authorized officials of the County and the Corporation have executed this agreement in duplicate, either of which may be deemed an original, on the date and year first above written. INDIAN RIVER COUNTY BY ITS BOARD OF COUNTY COMMISSIONERS By: DON C. SCURLOCK, J Chair -pan Attest:/-�� Q1;r1 ��.; FREDA WRIGHT, C-xerk WEST C U LITYf%I i �%; " By • �% President APPROVED A TO FO Attest:, ,X AND LEGA F Y: Se etary By: : �y j-; /tR M . BR DE URG( �i%,•;orbrte seal) ! ,• _ fl .e �� > 55 PAVE 770