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EXTENSION OF AGREEMENT <br />between <br />INDIAN RIVER COUNTY <br />and <br />COSTELLO BROTHERS MARINE CONSTRUCTION, INC. <br />THIS EXTENSION OF AGREEMENT, entered into this 15 day of August, 2017 <br />by and between INDIAN RIVER COUNTY, a political subdivision of the State of Florida, <br />1801 27th Street, Vero Beach, FL 32960 ("County"), and COSTELLO BROTHERS <br />MARINE CONSTRUCTION, INC. (Costello) 1000 Production Drive, Sebring, FL <br />338703-2957. <br />WITNESSETH <br />WHEREAS, the County and Costello entered into an Agreement for Reinforced <br />Concrete Sawing and Duperon FlexRake Rehabilitation on May 9, 2017 and <br />WHEREAS, the work will be conducted at the Main Relief Canal owned and <br />operated by the Indian River Farms Water Control District (Farms); and <br />WHEREAS, the summer months in Florida tend to be the rainy season with <br />frequent thunderstorms and heavy rains that cause the water level in the Main Relief <br />Canal to fluctuate often; and <br />WHEREAS, after consultation with the Farms, the parties agree that it would be <br />safest and more efficient to conduct this work in February 2018 when the weather is <br />historically drier; and <br />WHEREAS, the COUNTY desires to continue to utilize the services provided by <br />Costello and Costello has offered to keep the same price for the work as stated in the <br />Agreement; <br />NOW THEREFORE, in consideration of their mutual covenants, the parties <br />herein agree as follows: <br />1. The above recitals are true and correct and incorporated by reference herein. <br />2. The Agreement dated May 9, 2017, is hereby extended until February 28, <br />2018 and all the terms and conditions contained therein shall remain unchanged and in <br />full force and effect. <br />3. Any bonds posted by Costello shall be returned to Costello and Costello may <br />cancel those bonds until such time as the work is ready to proceed. <br />1 <br />C:\Users\Costello\Downloads\Costello Bros extension.doc <br />