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2020-102
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Last modified
3/2/2021 11:07:18 AM
Creation date
5/28/2020 12:34:31 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/19/2020
Control Number
2020-102
Agenda Item Number
8.E.
Entity Name
Vero Beach Medical Office Building, LLC
Subject
Agreement for Installation of Off-Site Sewer Mains
Area
3955 Indian River Boulevard Vero Beach, FL
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any public improvement, or utility, whether presently in place or which may in the future be <br />constructed or installed, including but not limited to, any water and/or sanitary sewer mains <br />and/or storm sewer facilities, and whether such damage is due to flooding, infiltration, <br />backflow, and/or seepage caused from the failure of any installation, natural causes, or from <br />any other cause of whatsoever kind or nature. It is the intention of this indemnification <br />agreement on the part of DEVELOPER, and a condition of this agreement, that it shall be full <br />and total indemnity against any kind or character of claim whatsoever that may be asserted <br />against the COUNTY. DEVELOPER hereby agrees to defend any and all suits, claims, and causes <br />of action brought against the COUNTY arising out of or in connection with any work <br />contemplated by this agreement, and DEVELOPER agrees to pay any judgment or judgments, <br />including attorney fees, that may be rendered against the COUNTY or against the COUNTY'S <br />officers, employees or agents in connection therewith. <br />13. Maintenance Security: <br />The DEVELOPER agrees to convey all right, title and interest in the aforementioned utility <br />improvements to Indian River County, Florida, and provide security as set forth herein, subject <br />to the COUNTY'S approval, for a period of one (1) year after the COUNTY'S acceptance of the <br />improvements, plus an additional three (3) months, for an aggregate of fifteen (15) months. <br />The maintenance security may only be in one of the following forms: (a) cash, whereupon the <br />COUNTY and the Developer shall enter into the COUNTY'S standard Cash Escrow Deposit <br />Agreement; (b) Letter of Credit, in the County's standard form, drawn and payable by a <br />financial institution located within Florida; or (c) surety bond issued by a surety company <br />licensed to do business in the State of Florida and having an A.M. Best rating of no less than A - <br />VI. The value of the maintenance security shall be twenty-five percent (25%) of the total <br />construction value of the utility improvements as certified by the Developer's licensed <br />engineer and approved in writing by the County. <br />14. Multiple Counterparts: <br />This Agreement may be executed in a number of identical counterparts which, taken together, <br />shall constitute collectively one (1) Agreement; but in making proof of this Agreement, it shall <br />not be necessary to produce or account for more than one such counterpart executed by the <br />party to be charged. <br />15. Permits: <br />The DEVELOPER shall be responsible for obtaining all construction and operating permits <br />required for the construction, delivery, use and monitoring of the water distributed to and <br />wastewater collected from the Subject Property. If, through no fault of the parties involved, <br />any federal, state or local government or agency (excluding the COUNTY) fails to issue <br />necessary permits, or fails to grant necessary approvals, or requires a material change in the <br />system, then to the extent necessary and if possible, the parties agree to negotiate an <br />amendment to the Agreement to reflect the change in condition. If the COUNTY determines <br />that it is impossible or impracticable to perform under the terms of this Agreement because of <br />the above, then COUNTY shall have the right to terminate this Agreement, and the parties shall <br />have no further obligations to each other. <br />Page 4 <br />
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