Laserfiche WebLink
2. The developer's engineer's updated certified cost estimate as <br />approved by County engineering, attached as Exhibit "A" represents 125% of the <br />updated cost of the final lift of asphalt to be completed. ` <br />3. Prior to June 18, 2021, the $156,752.50 Wells Fargo Bank, N.A. <br />Irrevocable Standby Letter of Credit No. IS00008674771-1 is required to be <br />amended (1) to increase the amount to $262,385.00, (2) to extend its final <br />expiration to September 18, 2023, and (3) to reference the Contract for <br />Construction for Final Lift of Asphalt as being modified, otherwise this <br />Modification is null and void. <br />4. 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 />5. All other terms set out in the Contract for Construction for Final Lift <br />of Asphalt, Contract No. PD -17 -09 -06 -FLA (2004010124-84522) remain in full <br />force and effect. <br />IN WITNESS WHEREOF, the parties hereto have set their hands and <br />seals on the day and year first above written. <br />DIVOSTA HOMES, L.P., a Delaware <br />limited partnership <br />By DIVOSTA HOMES HOLDINGS, <br />LLC, a Delaware limited liability <br />company, its General Partner <br />By: <br />INDIAN RIVER COUNTY, FLORIDA <br />by and through its Board of County <br />Commissioners <br />ATTEST: Jeffrey R. Smith, Clerk <br />of Court and Comptroller By: <br />Joseph E. Flescher, Chairman <br />By: <br />Deputy Clerk BCC approved: <br />Approved as to form <br />and legal sufficiency: <br />Dylan Reingold <br />County Attorney <br />178 <br />