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AGREEMENT BETWEEN <br />INDIAN RIVER COUNTY, FLORIDA <br />AND <br />THE MOORINGS CLUB, INC. <br />FOR <br />HAWKS NEST <br />FOR THE CONSTRUCTION OF OFF-SITE UTILITIES <br />THIS AGREEMENT by and between INDIAN RIVERCOUNTY, a political subdivision Qf the State Of <br />Florida, the address of which is 180127th Street,'Vlero Beach, Florida 32960 (hereinafter. the <br />"COUNTY") and The Moorings Club, Inc. a Florida Notfbr Profit Corporation, the address of which b <br />1d Harbour Drive, Vero Beach, FL 32963 (hereinafter the DEVELOPER) is effective upon execution <br />by the two parties. <br />WHEREAS, the DEVELOPER, is constructing water facilities for the Hawks Nest Goff Course <br />located at 6005 Old Dixie Highway, Vero Beach, 1114- 1967, and more specifically described in <br />Exhibit "A"; and <br />WHEREAS, the COUNTY, pursuant to Section 20111, of the Code, agrees to reimburse the <br />DEVELOPER, as provided herein, for the cost of overshft -site utilities, <br />NOW, THEREFORE, for and inlconsideratlon of the mutual promises set forth herein and other <br />pod and valuable amideration, the COUNTY and DEVELOPER agree as follows: <br />#�'.. FF-�1TE LMLiflES <br />The DEVELOPER shall construct the necessary ` utilities described herein as directed by the <br />Wim River County Utilities Department. Ttte COUNTY shall reimburse the DEVELOPER for <br />insWIng off-site utilities as outlined below: <br />A. 12 -inch Diameter Water Main along Old Dixie Highway approximately 487 linear feet from <br />approximately 5920 Old Dixie Highway to 60M Old Dixie Highway. <br />Reim bursemerit The COMM shalt reimburse the DEVELOPER pursuant to the provisions of <br />Section 202.11 of the Com; for funds advanced by DWILOPER to oversize the off- site <br />facilities. COU N Y shall rob"biurse DE1I LOPERIn ac ante with Exhibit "B" for oversizing <br />the off site watermallln. The actual reimbumeme nt amounts shall be used Qn Exhibit B but <br />In tas eyed shall the Coufty cost share exceed $17,502.67. The t+11WAMninl ents shall <br />18 <br />C:WSEIES''WCMSE'W'IlWrAWOCALMICKUSUMI\WINWWSUNEICAGINI(:ONIENI'.(HfrLOMX8LXLWJ7Z )EVA(iPXEMMI:HN I HAWKS NES1-UHAVI -1.31-2023.WC - <br />