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.4 4 Exhibit A General Development Utilities, Inc. Miami, Florida Re: Amendments to Letter of Intent and Inducement Agreement in connection with proposed financing by General Develop- ment Utilities, Inc., of industrial facilities for the furnishing of sewerage services (the "Project") situated in Indian River County with industrial development revenue bonds issued by the County. Gentlemen: Based upon your representations to the officials and representatives of Indian River County, Florida (the "Issuer") that you are proceeding with all due diligence toward conclusion of arrangements necessary to acquire and construct certain industrial facilities for the furnishing of sewerage services (the "Project") and to finance said Project with the issuance of industrial development revenue bonds by the issuer, the Issuer proposes that paragraph 5 of that certain letter addressed to you and authorized to be executed and delivered by the Issuer pursuant to Resolution No. 82-48 (the "Letter of Intent and Inducement Agreement"), be amended to read as follows: 5. Upon acceptance by the Borrower of this proposal, the Issuer shall keep open and outstanding this commitment and inducement to the Borrower for a reasonable time so long as the Borrower shall be proceeding with appropriate efforts toward conclusion of any arrangements necessary to the Project; provided, however, if for any reason (other than that which shall be the fault of the Issuer) the bonds are not delivered to the purchaser or purchasers thereof by October 17, 1983, then the provisions of this proposal and the agreement resulting from its acceptance by the Borrower shall be deemed cancelled. in such event, or in the event of its earlier cancellation by agreement between the Borrower and the Issuer, neither party shall have any rights against the other and no third party shall have any rights against either party except: (a) The Issuer will transfer and convey to the Borrower all the Project components (and sites, if any) which shall have been acquired by the Issuer; provided the Issuer has received adequate compensation therefor from the Borrower. (b) The Borrower will pay to the Issuer the amount of all expenses which shall have been incurred by the Issuer in connection with the Project and which were authorized by the Borrower, including any administrative fees of the Issuer in reviewing and processing Borrower's bond issuance application. -3-