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r <br /> 4DIY- 17� <br /> DEVELOPER'S AGREEMENT BETWEEN <br /> INDIAN RIVER COUNTY <br /> AND <br /> PROVIDENCE POINTE VERO BEACH LLC <br /> FOR OFF-SITE TRAFFIC IMPROVEMENTS AND RIGHT-OF-WAY <br /> DEDICATION <br /> THIS DEVELOPER'S AGREEMENT is made and entered into this 18 day of <br /> November! , 2014, by and between INDIAN RIVER COUNTY, FLORIDA, a political <br /> subdivision of the State of Florida, 1801 27th Street, Vero Beach, FL 32960 ("County") and <br /> PROVIDENCE POINTE VERO BEACH LLC, a Florida limited liability company, 660 Reef <br /> Road, Vero Beach, FL 32963 ("Developer"). <br /> WITNESSETH: <br /> I <br /> WHEREAS, Developer proposes to develop a "Planned Development/Traditional <br /> Neighborhood Design" (PD/TND) Community located between 49th Street and 53`d Street, along <br /> and West of 58th Avenue in Indian River County, Florida, to be known as Providence Pointe, to <br /> include a mix of residential, commercial, hotel, recreational, and other uses on real property <br /> legally described as follows: <br /> SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. <br /> WHEREAS, at its regular meeting of August 20, 2013, the Board of County <br /> Commissioners of Indian River County approved the Developer's Planned Development <br /> Traditional Neighborhood Design ("PDTND") rezoning request and granted conceptual PD plan <br /> approval for"Providence Pointe" (PD-13-04-01/2004110179-70350) ("Conceptual Plan"); and <br /> WHEREAS, a developer's agreement for off-site traffic improvements and right-of-way <br /> dedication is required as a condition of PD/TND approval; and <br /> WHEREAS, the County and the Developer share mutual goals and have determined that <br /> they can assist each other with respect to right-of-way acquisition, roadway and drainage <br /> improvement's, intersection improvements, and other improvements described herein and <br /> required by the PD/TND approval; and <br /> WHEREAS, the County and the Developer desire to enter into this Agreement to set <br /> forth the terms and conditions to which they have agreed with respect to the matters contained <br /> herein; <br /> NOW, THEREFORE, for and in consideration of these premises, Ten Dollars ($10.00), <br /> and other good and valuable consideration, the receipt and sufficiency of which are hereby <br />