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DEVELOPER'S AGREEMENT BETWEEN INDIAN RIVER COUNTY AND INDIGO VERO, LLC THIS DEVELOPER'S AGREEMENT (Agreement) is made and entered into this 12 day Of.,prt Amhar , 2023, by and between INDIAN RIVER COUNTY, FLORIDA, apolitical subdivision of the State of Florida, 1801 27th Street, Vero Beach, FL 32960 ("County") and INDIGO VERO, LLC, a Florida limited liability company, 2061 Indian River Boulevard, Vero Beach, FL 32960 ("Developer"). WITNESSETH: WHEREAS, Developer proposes to develop subdivision comprised of residential condominium and single family residences located at the eastern terminus of 46' Place East and south of Tracking Station Park in Indian River County, Florida, to be known as "Indigo Vero Beach" ("the Development") on real property legally described as follows: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. WHEREAS, the County and the Developer share mutual goals and have determined that they can assist each other with respect to roadway and drainage improvements, intersection improvements, and other improvements described herein and required as a condition of the Indigo Vero approval; and WHEREAS, the County and the Developer desire to enter into this Agreement to set forth the terms and conditions to which they have agreed with respect to the matters contained herein; NOW, THEREFORE, for and in consideration of these premises, Ten Dollars ($10.00), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the County and the Developer do hereby covenant, stipulate, and agree as follows: Recitals: The foregoing recitals are incorporated as if fully restated herein. a. Improvements: The Developer and County agree that the improvements described in Exhibit `B" shall be completed by the Developer ("the Improvements") with an estimated time for completion of XXX subject to extension(s) resulting from matters outside the control of Developer (e.g. natural disasters and weather events, supply shortages, labor availability, etc.). b. Developer shall construct the Improvements in accordance with the approved plans, Indian River County Right -of -Way permit number 2021100436 and FDOT permit number 2023-A-490-00041 (access) and FDOT permit number 2023-D-490-00025 (drainage).