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2. The $212,131.88 shall continue to be held in escrow for the <br />guaranty for the final lift of asphalt and represents 125% of the cost of the final <br />lift of asphalt to be completed as evidenced by developer's engineer's updated <br />certified cost estimate as approved by County engineering, attached as Exhibit <br />"A" <br />3. The extension fee in the amount of $660.00 established by <br />Resolution No. 2005-041 and pursuant to Section 913.10(1)(G), of the Indian <br />River County Code has been paid. <br />4. All other terms set out in the Contract for Construction for Final Lift <br />of Asphalt, Contract No. PD -13 -10 -03 -FLA (2001020101-77703) remain in full <br />force and effect as well as the Cash Deposit and Escrow Agreement For Final <br />Lift of Asphalt. <br />IN WITNESS WHEREOF, the parties hereto have set their hands and <br />seals on the day and year first above written. <br />GH VERO BEACH DEVELOPMENT <br />LLC, a Delaware limited liability <br />company DEVELOPER <br />22 <br />printed name: <br />Authorized Signatory <br />INDIAN RIVER COUNTY, FLORIDA <br />by and through its Board of County <br />Commissioners COUNTY <br />ATTEST: Jeffrey R. Smith, Clerk <br />of Court and Comptroller By: <br />Bob Solari, Chairman <br />By: <br />Deputy Clerk BCC approved: <br />APPROVED AS TO FORM <br />A D L AL OFg1lCY <br />B <br />WILLIAMM K. 9EBRAAL <br />9PUTY4OUNiYAT ��NIsy <br />2 <br />128 <br />