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Lakes At.Waterway Village PD — Pods M, N, 0, P <br />CONTRACT FOR CONSTRUCTION OF <br />REQUIRED IMPROVEMENTS <br />NO. PD -17-09-06 (2004010124-82753) <br />THIS CONTRACT, made and entered into this /3h3day of February, <br />2019 by and between DIVOSTA HOMES, L.P., a Delaware limited partnership, <br />owner of the property being platted as Lakes At Waterway Village PD — Pods M, N, 0, <br />P, hereinafter referred to as "Developer," and INDIAN RIVER COUNTY, a political <br />subdivision of the State of Florida, by and through its Board of County Commissioners, <br />hereinafter referred to as "County". <br />WITNESSETH: <br />WHEREAS, Developer is commencing proceedings to effect a subdivision <br />of land within Indian River County, Florida; and <br />WHEREAS, a final plat of the subdivision within the unincorporated area <br />of Indian River County shall not be recorded ural the Developer has installed the <br />required improvements or has guaranteed to the satisfaction of the County that such <br />improvements will be installed; and <br />WHEREAS, Developer requests the approval and recordation of a certain <br />plat to be known as Lakes At Waterway Village PD — Pods M, N, 0, P; and <br />WHEREAS, the required improvements are to be installed after <br />recordation of this plat under guarantees posted with the County. <br />NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL <br />COVENANTS AND PROMISES HEREIN CONTAINED, the parties agree as follows: <br />1. Developer agrees to construct on or before February 19, 2020, in a <br />good and workmanlike manner, those improvements described as follows: <br />See Exhibit "A" attached hereto <br />or otherwise required by the Indian River County Code in connection with the approval <br />of said plat. A copy of the plat shall be recorded in the Public Records of Indian River <br />County, Florida upon the final approval of the Board of County Commissioners and <br />made a part hereof for all purposes. <br />2. Developer agrees to construct said improvements strictly in <br />accordance with the land development permit, the most recent set of plans and <br />specifications for this subdivision approved by the County and on file in the Planning <br />48 <br />