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FIRST AMENDMENT TO DEVELOPER'S AGREEMENT BETWEEN INDIAN RIVER COUNTY, FLORIDA AND SLV MILLSTONE, LLC FOR MILLSTONE LANDING PLANNED DEVELOPMENT THIS FIRST AMENDMENT TO DEVELOPER'S AGREEMENT, (First Amendment) entered this 4th day of October, 2016, by and between INDIAN RIVER COUNTY, FLORIDA a political subdivision of the State of Florida, 1801 27th Street, Vero Beach, Florida, 32960 hereafter called COUNTY and SLV MILLSTONE, LLC a Delaware Limited Liability Company, the address of which is 6310 Capital Drive, Suite 130, Bradenton, Florida 34202, hereafter referred to as the DEVELOPER. WITNESSETH WHEREAS, the Indian River Board of County Commissioners during a public hearing, granted their approval to the Conceptual Planned Development Plan known as "Millstone Landing" on October °19, 2004; and WHEREAS, the previous developer, Shelby Homes at Millstone, Inc., (Shelby Homes). entered into a Developer's Agreement with the COUNTY dated July 12, 2005 (Original Agreement) that called for on site, off site, and site related improvements; and WHEREAS, the Original Agreement is binding on any successor developer; and WHEREAS-, DEVELOPER has purchased undeveloped platted lots north of 21st Street SW and all of the remaining project acreage in Millstone Landing located south of 21st Street SW; and WHEREAS, the Parties desire to amend the Original Agreement to clarify timing of their respective responsibilities with respect to roadway and drainage improvements to 17th Street SW. NOW; THEREFORE, in consideration. of the mutual terms, conditions, promises, covenants; and premises hereinafter, and other good and valuable consideration, the receipt. and sufficiency of which is hereby acknowledged, the COUNTY and DEVELOPER agree to amend the Original Agreement as follows: 1. Recitals: The foregoing recitals are hereby incorporated as if fully restated herein 2. Paragraph 7 of the Original Agreement is .amended as follows: 7. 17th Street SW: County acknowledges that Developer is not required to dedicate right- of-way for 17th Street SW roadway improvements along the frontage of the project.. li �TCYtaI7L:e-tGrtYltaZ.c701�1V'ol�T G east property includ . ing a!! turn lame in4pFevernents required by the Millstone Landii:ig Fight tum laRe, a northbeuRd left -tum lane, and eastbound left tuFn lane and a. seuthbo left tum lane Shall be GOnStFUGted at the inter-se6tiGn 1 tiv YVtltt- 7-t4 9tFe_.otr�C= -SW TC}Y�A� The County has obtained substantial amounts of right-of-way on the north side of 17th Street SW. Prior to the issuance of the Project's 270th Certificate of Occupancy, the DEVELOPER shall