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• <br />UJ <br />40 <br />AN AGREEMENT (DEVELOPER'S AGREEMENT) l ! 1 j <br />BETWEEN Q©'oZ`� i <br />INDIAN RIVER COUNTY, FLORIDA <br />AND <br />NANCY T. MOON <br />FOR THE CONSTRUCTION OF OFF-SITE UTILITIES <br />THIS AGREEMENT made this 3 r d day of 0 c t o b e r , 2000 by and between INDIAN RIVER <br />COUNTY, a political subdivision of the State of Florida, the address of which is 1840 25th Street, Vero <br />Beach, Florida 32960 (hereinafter the COUNTY) and NANCY T. MOON, 11576 Indian River Drive, <br />Sebastian, Florida 32958 (hereinafter the DEVELOPER). <br />WITNESSETH: <br />WHEREAS, the DEVELOPER, has been requested at the expense of the County to install a water <br />main along Indian River Drive, south of the City of Sebastian limits to the intersection of US Highway #1 <br />(see Exhibit -1), and <br />WHEREAS, the COUNTY, has required the DEVELOPER to provide the utility improvements <br />to serve the regional area and has agreed to reimburse the DEVELOPER for the cost of providing these <br />off-site utilities, <br />NOW, THEREFORE, for and in consideration of the premises and other good and valuable <br />consideration, the COUNTY and DEVELOPER agree to the special conditions (SC) as follows: <br />SC - 1. OFF-SITE UTILITIES: <br />The DEVELOPER shall construct the necessary off-site utilities described herein, per the Indian <br />River County Utilities Department. The COUNTY shall reimburse the DEVELOPER for 100% of the <br />cost for furnishing and installing the off-site water main as outlined below: <br />A. 6 -inch Dia. Water Main along Indian River Dr. from Sebastian City Limits to US Highway #1: <br />The DEVELOPER shall furnish and install a 6 -inch water main along Indian River Drive from <br />the City of Sebastian City limits, south to the intersection of US Highway #1 for a distance of <br />approximately 4,200 lineal feet and make connection to existing water utilities located at each <br />end of the proposed water main. A sketch of the proposed improvement is depicted in Exhibit -A. <br />Reimbursement: The COMITY shall provide immediate reimbursement the DEVELOPER based <br />on an itemized invoice of installed materials on a percentage complete basis (less 10% retainage) <br />monthly, with final payment and release of retainage at the time the above referenced facilities <br />are dedicated to and accepted by the COUNTY. <br />Reimbursements shall be in the form of check from the COUNTY, and shall not exceed the <br />proportionate amount of $222,000. <br />SC - 2. Amendment: <br />Only a written instrument executed by all parties to the agreement may modify this agreement. <br />F. SU5o65.7M'Sad:x+ Ri+a Skip a K'mv, Akin - De.dapo, A�ymax siih Nie, llm� dx <br />