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2. An extension of time to perform the contract is <br />® hereby approved- to expire henceforth on November 19, 1985 <br />3. The attached Letter of Credit is accepted as new <br />• security to guarantee performance of the assigned contract, as <br />extended, and the Board hereby releases any claim to the funds <br />originally deposited under the cash deposit and escrow agreement <br />among Corporate Investment Company, Harbor Federal, and Indian <br />River County. <br />i� <br />The foregoing resolution was offered by Commissioner <br />Scurlock who moved its adoption. The motion was seconded <br />by Commissioner Bowman and, upon being put to a vote, the <br />vote was as follows: <br />Chairman Patrick B. Lyons Aye <br />Vice -Chairman Don C. Scurlock, Jr. Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Margaret C. Bowman Aye <br />Commissioner William C. Wodtke, Jr. Aye <br />The Chairman thereupon declared the resolution duly <br />passed and adopted this 20th day of February , 1985. <br />Attest:`jiec (411lcc(��� <br />FREDA WRIGHT-- <br />Clerk <br />APPROVED AS TO FORM <br />AND LEGAL SUFFICIENCY <br />By ��"g <br />jk-.s7—.Co11hty Attorney <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIA VER COUNTY, FLORIDA <br />B �i <br />ATRICK B. LYONS <br />Chairman <br />CJP <br />ASSUMPTION AGREEMENT FOR CONTRACT <br />FOR REQUIRED IMPROVEMENTS <br />KNOW ALL MEN BY THESE PRESENTS, that Harbor Federal <br />Savings and Loan Association, in consideration of the actions <br />stated above, and other valuable considerations, the receipt and <br />sufficiency of which are hereby acknowledged, hereby agrees to be <br />9PZ <br />