12/23/1986 - Laserfiche WebLink

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J - U E 0 12, � 1936 AN AGREEMENT BETWEEN INDIAN RIVER COUNTY, FLORIDA and SAM E. MOON BOOK H '�-'F 746, 12-05-86utilAJV Granting reimbursements for oversizing certain on site and off site utilities required the County. // THIS AGREEMENT mad Xae b e this � day of , 198_, by and between INDIAN RIVER COUNTY, a political subdivision of the State of Florida, 1840 25th Street, Vero Beach, FL 32960, (County), and Sam E. Moon, 1401 20th Street, Vero Beach, FL, 32960, (Developer), WITNESSETH: WHEREAS, The Developer, in conjunction with the construction of the Oaklawn Center, is extending an offsite wastewater collection line to serve the subject project and surrou4ding properties; and WHEREAS, the County has required the Developer to oversize the offsite utility improvements to serve the regional area and has agreed to reimburse the Developer for the cost of oversizing the offsite utility; NOW THEREFORE, for and in consideration of the premises and other good and valuable consideration, the County and the Developer agree as follows: 1. The Developer shall construct all necessary offsite utilities including oversizing necessary to serve the subject project and surrounding area. The County agrees to reimburse the Developer for the oversizing of offsite utilities as outlined below: ITEM Gravity Sewer Oversizing Gravity Sewer Increased Depth TOTAL REIMBURSEMENT $1,100.00 $ 275.00 Drop Manholes Increased Depth $ 100.00 TOTAL: $1,475.00 2. The County shall reimburse the Developer with 50% of all impact fees collected from the Oaklawn Center and surrounding properties who connect to the portion of the wastewater system constructed in conjunction with the Oaklawn Center during the first five years after acceptance of the subject construction by the County, not to exceed the total allowable reimbursement of $1,475.00. IN WITNESS WHEREOF, the County and the Developer have caused these presents to be executed in their name the day and year first above written. M- --- -1- J