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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />FOURTH ADDENDUM TO AGREEMENT <br />BETWEEN <br />INDIAN RIVER COUNTY, FLORIDA AND <br />REDEVGROUP, INC. <br />THIS FOURTH ADDENDUM is made and entered into this 13th day of July , <br />20215 by and between Indian River County, Florida, a political subdivision of the State of Florida, <br />1801 27th Street, Vero Beach, FL 32960, ("County"), and REDEVGROUP, INC., a Florida Profit <br />Corporation, 1826 US Highway 1, Vero Beach, FL 32960 ("Developer"). <br />WITNESSETH <br />WHEREAS, County and Developer entered into an Agreement dated June 12, 2018, <br />("Agreement"), which Agreement was amended by that First Addendum thereto dated September <br />11, 2018 ("First Addendum"), and further amended by that Second Addendum thereto dated <br />November 13, 2018 ("Second Addendum"), and further amended by that Third Addendum thereto <br />dated November 10, 2020; and <br />WHEREAS, County and Developer desire to further amend the Agreement as described <br />herein; <br />NOW, THEREFORE, for in consideration of the mutual promises and covenants contained <br />herein, the sufficiency of which is hereby acknowledged, County and Developer hereby agree as <br />follows: <br />1. The foregoing recitals are incorporated as if fully restated herein. <br />2. Section 4 of the Agreement is hereby amended to read as follows (words <br />underlined are additions; words st: uek th-ough are deleted): <br />Section 4: Developer shall record a Declaration of Restrictive Covenants which <br />will restrict the development of Lot 5 with the following standards: <br />a. The combined pervious and stormwater areas are not to be less than <br />44% of the total property area. No building or pavement shall be <br />constructed within the southern most 75' of property (this area shall <br />be used for landscaping, water retention and signage). <br />b. A minimum of six (6) specimen trees shall be preserved. <br />No single building footprint shall exceed 8,225 x,QW square feet, <br />and onsite buildings shall be separated by a minimum of 50 feet. The <br />average size of all buildings shall be 7,200 square feet or less. <br />