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40 <br />W <br />FORMS (apreel)LEGAL(WGGAhm) J <br />corporate, for use with <br />cash deposit and escrow <br />agreement <br />CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br />NO. PD -98-09-15(98060217) <br />THIS CONTRACT, made and entered into this b4A, day of <br />2004, by and between GHA ST. JOSEPH'S ISLAND, INC,, a <br />Florida corporation, hereinafter referred to as "Developer," and INDIAN RIVER <br />COUNTY, a political subdivision of the State of Florida, by and through its Board of <br />County Commissioners, hereinafter referred to as "County". <br />WITNESSETH: <br />WHEREAS, Developer is commencing proceedings to effect a <br />subdivision 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 St. Joseph's Island — Grand Harbor Plat 2.2, a Planned <br />Residential 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 Novein <br />a good and workmanlike manner, those 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 />