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40 <br />qq-33f <br />F0R.A1S(og,.2)LHGAL(WGCMhm) <br />corporate, for use with <br />letter of credit <br />CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />NO. SD -99-05-06-A (99120120) <br />THIS CONTRACT, made and entered into this 15th day of <br />_December , 1999 by and between Oak Chase Development, L.L.C., a limited <br />liability company existing under the laws of the State of Florida, hereinafter referred to <br />as "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 subdivision <br />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 Oak Chase Subdivision - Phase I; 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 before <br />August 21, 2000 in a good and workmanlike manner, those <br />improvements described as follows: <br />See Exhibit "A" attached <br />or otherwise required by the Indian River County Code 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 />