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• <br />40 <br />� 1- JO <br />L �- <br />Bermuda Chip. a I'lanned t'nu Develolunent <br />,:orporare. for arse with <br />louernt 4rcda <br />CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />NO. PD -99-03-06-A (98100081-22736) <br />THIS CONTRACT, made and entered into this 1st day of <br />August , 2000 by and between Weston Real Estate Investment Corp„ 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 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 Bermuda Club, a Planned Unit development; 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 />May 1, 2001 _ in a goad and workmanlike manner, those <br />improvements described as follows: <br />See Exhibit "A" attached hereto. <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 />NO, Pp-99.03-06-A(98100p81-72736) <br />