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DEVELOPER'S AGREEMENT BETWEEN <br />INDIAN RIVER COUNTY, FLORIDA <br />tw AND <br />NORTH COUNTY CHARTER SCHOOL, INC. <br />THIS AGREEMENT, entered this day of , 2013, by and between <br />INDIAN RIVER COUNTY, FLORIDA a political subdivision of the State of Florida, 180127 th <br />Street, Vero Beach, Florida, 32960 hereafter called COUNTY and NORTH COUNTY CHARTER <br />SCHOOL, INC., a Florida Non Profit Corporation, 6640 Old Dixie Highway, Vero Beach, FL <br />32967, Telephone No. 772-794-1941, hereafter referred to as the DEVELOPER. <br />WITNESSETH <br />WHEREAS, the DEVELOPER has applied to construct an addition to the existing North <br />County Charter School that will increase enrollment from 232 students to 402 students. The site is <br />located at 6640 Old Dixie highway, Vero Beach, FL. The Indian River County Project Number is <br />96080094 (Application number 70282), the legal description is attached as Exhibit "A" and <br />incorporated herein by reference, and; <br />WHEREAS, the DEVELOPER is required to construct a southbound left turn lane into the <br />site from Old Dixie Highway due to the increase in enrollment; <br />WHEREAS, the COUNTY is proposing to resurface Old Dixie Highway along the frontage <br />of the North County Charter School; <br />WHEREAS, the COUNTY and DEVELOPER share mutual concerns with respect to the left <br />turn lane improvements on Old Dixie Highway; <br />WHEREAS, both the COUNTY and DEVELOPER can mutually benefit each other through <br />a joint effort that will share the cost of the proposed southbound left turn lane on Old Dixie Highway <br />improvements; <br />WHEREAS, the COUNTY is requesting certain improvements to Old Dixie Highway that <br />cannot be currently performed by DEVELOPER due to timing issues of the resurfacing project on <br />Old Dixie Highway right-of-way; and <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, <br />covenants and premises hereinafter, the COUNTY and DEVELOPER agree as follows: <br />1. The above recitals are affirmed as being true and correct and are thereby incorporated herein. <br />2. The DEVELOPER shall pay to the COUNTY the sum of $48,927.00 prior to issuance of a <br />Certificate of Operation for the expansion of the North County Charter School as a <br />tcontribution for construction of the southbound left turn lane improvements on Old Dixie <br />126 <br />