12/13/2017 12:16:33 PM
10/6/2017 12:29:55 PM
Official Document Type
Cash Deposit and Escrow Agreement
Agenda Item Number
8.C. (2 documents)
Duane C. Pankratz
Wild Turkey Sand Mine Cash Deposit and Escrow Agreement
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6. The funds deposited hereunder exist solely for the protection, <br />use and benefit of the County and shall not be construed or intended in any way, <br />expressly or impliedly, to benefit or secure payment to any contractor, <br />subcontractor, laborer, materialman, architect, engineer, attorney or other party <br />providing labor, material, supplies, or services to Developer and/or Funder while <br />such funds remain subject to this escrow agreement. The County shall not be <br />liable to any of the aforementioned parties for claims against the Developer <br />relating to the approved mining site. <br />7. Alternate security, in the form of performance bonds or letters <br />of credit, may be substituted with the approval of the County Attorney. <br />8. This Agreement is the full and complete understanding of the <br />parties and shall not be construed or amplified by reference to any prior <br />agreement, discussion, or understanding, except as specifically mentioned <br />herein. This Agreement shall not be assigned without the express written <br />approval of the County. Any amendment, deletion, modification, extension, or <br />revision hereof or hereto shall be in writing, and executed by authorized <br />representatives of each party. <br />IN WITNESS WHEREOF, the parties hereto have set their hands <br />and seals. The effective date of this Agreement shall be the date of approval by <br />the Board of County Commissioners. <br />Signed in the presence of: <br />sign name <br />print name: <br />WILD TURKEY ESTATES OF VERO, <br />L.L.C., a Florida limited liability <br />compan <br />sign name: <br />print name: <br />Date: <br />Signed in th = • resence of: <br />sign nam <br />print name: <br />sign name: <br />print name: <br />Date: <br />3 <br />Pankratz, Manag <br />Y� <br />Duane C. Pankratz <br />DEVELOPER <br />UNDER <br />
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