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RESOLUTION 2010- * The 20 000 s• uare feet rf Nei hborhood Commercial uses will not be vested for traffic concurrenc if the traffic im ac fee for the Nei not •aid b December 31 2015 hborhood Commercial uses re 3.b. An a • .roved use ma be exchan . ed for an other a. •roved use so lon • as the exchan • e of uses does not • enerate additional net external P.M. peak hour tri ss. 3.c. The Master Develo ment Plan attache. as Exhibit B reflects •base boundaries and typical parcels; provided however the nom -a hic hases of development reflected on the Master Develo m nt Plan ma be modified sub'ect to review and a proval pursuant to Section 915.26 2 and Section 914.06 5 of the Code of Indian River Count so that the number of residential units Condition 3.a. ma be develo ed within the s ecified for a iven •hase in eora hic boundaries of an hase. The develo • er acknowled ' es that if it elects not to follow the . eo ra • hic e •uence •ment reflected on the Master Develo different of develo to develo m a hic se ment Plan the d-velo•er's election eo ' • cause the acceleration of trans sortation obligations s.ecified in Conditions 18 throu•h 27 if necessitated b local phasing requirements. ra uence ma 3.d. The develo • er acknowled . es that he Pro'ect is vested onl for traffic concurrenc and will not be vested for other facilities pursuant to this Development Order or the Amended Develo • er's A • reement. The Pro'ect ma become vested for all other facilities at an time b the develo er a • • 1 in • for a concurrenc certificate under the Coun 's conin-ency management system. obtaininv approval for such certificate based u•on ay.ilabilit of ca.acit and •a in all other im act fees. Buildout Date 4. This Project shall have a buildout date of December 31, 2024 2-042, unless otherwise amended pursuant to the conditions of this DO and Section 380.06, Florida Statutes. Termination Date 5. This DO shall expire on December 31,2021.31, 2024. Transfer of Approval 6. Notice of Transfer of all or a portion of the subject property shall be filed with the Indian River County Board of County Commissioners. Prior to transfer, the transferee shall assume in writing, on a form acceptable to the County Attorney, any and all applicable commitments, responsibilities, and obligations pursuant to the DO. The intent of this Provision is to ensure that subsequent property transfers do not jeopardize the unified control, responsibilities, and obligations required of the project as a whole. RM: 7375429: 1 4