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49 <br />4b <br />FORMS (agree 1)LEGAL(W'GC1nhm) <br />corporate, for use with <br />cash deposit and escrow <br />agreement <br />CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />NO. PD-9642-26-IIA2 <br />THIS CONTRACT, made and entered into this 6th day of <br />_ April , 1999, by and between STONEBRIDGE NORTH, INC., a <br />corporation existing under the laws of the State of Florida, hereinafter referred to as <br />"Developer," and INDIAN RIVER COUNTY, a political subdivision of the State of <br />Florida, by and through its Board of County Commissioners, hereinafter referred to as <br />"County" <br />WITNESSETH: <br />WHEREAS, Developer is commencing proceedings to effect a <br />subdivision of land within Indian River County, Florida; and <br />WHEREAS, a final plat of the subdivision within the unincorporated area <br />of Indian River County shall not be recorded until the Developer has installed the <br />required improvements or has guaranteed to the satisfaction of the County that such <br />improvements will be installed; and <br />WHEREAS, Developer requests the approval and recordation of a certain <br />plat to be known as Cypress Lake, Phase It PD; and <br />WHEREAS, the required improvements are to be installed after <br />recordation of this plat under guarantees posted with the County. <br />NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL <br />COVENANTS AND PROMISES HEREIN CONTAINED, the parties agree as follows: <br />1. Developer agrees to construct on or beforeAnril 5, 2 00 0 in <br />a good and workmanlike manner, those improvements described as follows: <br />set trronuments at all lot corners, points of intersection, and <br />changes of direction of lines within the subdivision which do <br />not require a PRM or PCP per F.S. 177.091(9). <br />or otherwise required by the Indian River County Cade in connection with the approval <br />of said plat. A copy of the plat shall be recorded in the Public Records of Indian River <br />