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unenforceable, it is understood the DEVELOPER shall instead indemnify and hold harmless the <br />COUNTY, its officers, employees and agents, from liabilities, damages, losses and costs, <br />including, but not limited to, reasonable attorney's fees, to the extent caused by the <br />negligence, recklessness, or intentional wrongful misconduct of the DEVELOPER and persons <br />employed or utilized by the DEVELOPER in the performance of this Agreement. <br />13. Maintenance Security: <br />The DEVELOPER agrees to convey all right, title and interest in the aforementioned utility <br />improvements to Indian River County, Florida, and provide security as set forth herein, subject <br />to the COUNTY'S approval, for a period of one (1) year after the COUNTY'S acceptance of the <br />improvements, plus an additional three (3) months, for an aggregate of fifteen (15) months. <br />The maintenance security may only be in one of the following forms: (a) cash, whereupon the <br />COUNTY and the Developer shall enter into the COUNTY'S standard Cash Escrow Deposit <br />Agreement; (b) Letter of Credit, in the County's standard form, drawn and payable by a <br />financial institution located within Florida; or (c) surety bond issued by a surety company <br />licensed to do business in the State of Florida and having an A.M. Best rating of no less than A - <br />VI. The value of the maintenance security shall be twenty-five percent (25%) of the total <br />construction value of the utility improvements as certified bythe Developer's licensed engineer <br />and approved in writing by the County. <br />14. Multiple Counterparts: <br />This Agreement may be executed in a number of identical counterparts which, taken together, <br />shall constitute collectively one (1) Agreement; but in making proof of this Agreement, it shall <br />not be necessary to produce or account for more than one such counterpart executed by the <br />party to be charged. <br />15. Permits: <br />The DEVELOPER shall be responsible for obtaining all construction and operating permits <br />required for the construction, delivery, use and monitoring of the water distributed to and <br />wastewater collected from the Subject Property. If, through no fault of the parties involved, any <br />federal, state or local government or agency (excluding the COUNTY) fails to issue necessary <br />permits, or fails to grant necessary approvals, or requires a material change in the system, then <br />to the extent necessary and if possible, the parties agree to negotiate an amendment to the <br />Agreement to reflect the change in condition. If the COUNTY determines that it is impossible or <br />impracticable to perform under the terms of this Agreement because of the above, then <br />COUNTY shall have the right to terminate this Agreement, and the parties shall have no further <br />obligations to each other. <br />The DEVELOPER shall comply with reasonable requests by the COUNTY concerning on-site <br />operations and maintenance prior to County acceptance including but not limited to all FDEP <br />regulations relating to bacteriological and hydrostatic testing, cross connection control, <br />Page 5 <br />