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40 <br />i <br />� vI <br />FORMS(agree5)LEGAL(W GC/nhm} <br />general or limited partnership, for use with letter of credit <br />CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />NO. PD-00-02-04-RIA(99110164-24276) <br />THIS CONTRACT, made and entered into this 19th day of <br />September , 1998, by and between THE INDIAN RIVER CLUB, LTD., a <br />Florida limited partnership, hereinafter referred to as "Developer," and INDIAN <br />RIVER COUNTY, a political subdivision of the State of Florida, by and <br />through its Board of County Commissioners, hereinafter referred to as "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 <br />such improvements will be installed; and <br />WHEREAS, Developer requests the approval and recordation of a certain <br />plat to be known as Indian River Club Plat 7 PRD; 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 <br />follows: <br />1. Developer agrees to construct on or before October 1,_'2001 , in a <br />good and workmanlike manner, those improvements described as follows: <br />Improvements for Plat 7, Indian River Club <br />or otherwise required by the Indian River County Code in connection with the <br />approval of said plat. A copy of the plat shall be recorded in the Public Records <br />