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Reimbursement: The COUNTY shall reimburse the DEVEI OPER pursuant to the provisions of Section 201.11, of the Code, for funds advanced by DEVELOPER to oversize the off-site facilities. COUNTY shall reimburse DEVELOPER in accordance with Exhibit "B" for oversizing the off-site watermain. The actual reimbursement amounts shall be based on Exhibit B but in no event shall the County cost share exceed $105,845.95. The reimbursements shall follow the schedule outlined below: 1. Off-site watermain identified as Item IRC -1 in Exhibit B to be paid once completion of all necessary testing, acceptance of Florida Department of Environmental Protection (FDEP) Certification Of Completion, and acceptance of the watermain dedication to Indian River County Department of Utility Services (IRCDUS) per (IRCDUS) Water & Wastewater Utility Standards, December 2015 or latest edition. 2. Fifty percent (50%) of the remainder ($105,845.95 - $35,430.48) or $35,207.74 of the off-site watermain to be paid when a minimum forty (41) building permits have been issued and the remainder fifty percent (50%) or $35,207.73 to be paid when eighty (82) building permits have been issued within the Lost Tree Preserve Plan Development. B. 6 -inch Diameter Force Main west along the south side of 69th Street from the south west corner of 69th Street and Old Dixie Highway to the west limits of the proposed turn lane into Lost Tree Preserve Plan Development. A distance of approximately 1,700 linear feet: The DEVELOPER shall furnish and install approximately 1,700 linear feet of 6" PVC and appurtenance along the south side of 69th Street from the southwest corner of 69th Street and Old Dixie Highway to the west limits of the turn lane into Lost Tree Preserve Plan Development. Reimbursement: COUNTY shall reimburse DEVELOPER in accordance with Exhibit "C" for oversizing the off-site forcemain. The actual reimbursement amounts shall be based on Exhibit C but in no event shall the County cost share exceed $44,471.28. The reimbursements shall follow the schedule outlined below: 1. Fifty percent (50%) of the off-site forcemain to be paid when a minimum forty (41) building permits have been issued and the remainder fifty percent (50%) to be paid when eighty (82) building permits have been issued within the Lost Tree Preserve Plan Development. C. The COUNTY and DEVELOPER acknowledge that additions to this Agreement will be necessary when future phases are contemplated. The 12" off-site water main and the 6" force main on 69th Street will be extended to the western limits of Lost Tree Preserve Plan Development when future phases of the project are constructed. The COUNTY and DEVELOPER agree that the DEVELOPER will pay 67% of the construction costs of the water main that abuts DEVELOPER property (Lost Tree Preserve Plan Development) with the COUNTY \111 I1.11 II 4\I1111.11Y- I N(i1NE'E:RIN( i\I'I2UJ1.("IS II 11111 Y C1SNSIR( IC 11, 1N PI;I21,1I1'S\I.()SI 1121,1. PI21:SI-I2 VI' I'IIASF. 1-11�'I -Page 2 - UiU)I.V[LUPLI2S A(71211.MI'Nl\I)FV A(}RI FMI7N1 e•16 17 I)(1C