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ZCT toil'This document i 1. ' ,am* should be returned to the County Attorney's Office, AGREEMENT 1840 25th St., Vett Beach, 1595434 Florida 32960 BETWEEN THIS DOCUMENT HAS BEEN RECORDED IN THE PUBLIC RECORDS OF INDIAN RIVER COUNTY FL INDIAN RIVER COUNTY, FLORIDA 5K : 1806 PG : 2265 , Pagel of 11 12/01 /2004 at 08 : 35 AM , AND JEFFREY K BARTON , CLERK OF COURT WILLIAM BALLOUGH, PROPERTY OWNER FOR THE CONSTRUCTION OF OFF-SITE WATER SYSTEM UTILITIES TO SERVE THE BALLOUGH PROPERTY AND THE SURROUNDING RESIDENTIAL COMMUNITY THIS AGREEMENT by and between INDIAN RIVER COUNTY, a political subdivision of the State of Florida, the address of which is 1840 25th Street, Vero Beach, Florida 32960 (hereinafter the "COUNTY") and William BallouEh , the address of which is 945 Sebastian Blvd #3 (hereinafter the DEVELOPER) is effective upon execution by the second of the two parties . WHEREAS , the DEVELOPER, is desirous to construct a water system to service his property by a connection to the existing County water distribution system and where it would benefit other area residents along Massey Road by having a water system available . And where it would benefit the community and the Developer to construct a water distribution system to service all parties ' needs . WHEREAS , the COUNTY ' S financial share is none . WHEREAS , pursuant to Section 918 . 05 , The Code of Indian River County (Ordinance 90- 16 , as amended), the COUNTY requires the DEVELOPER to provide the utility improvements to serve this road, and agrees to reimburse the DEVELOPER, as provided herein, for the cost of providing these off-site utilities, NOW, THEREFORE, for and in consideration of the mutual promises set forth herein and other good and valuable consideration , the COUNTY and DEVELOPER agree as follows : 1 . OFF-SITE UTILITIES : The DEVELOPER shall construct the necessary off-site utilities described herein as directed by the Indian River County Utilities Department. The COUNTY shall reimburse the DEVELOPER for installation of an offsite water system as outlined below: A . 8 -inch Diameter Water System along the East side of Massey Rpad from north side CR 510 terminating after 70 foot horizontal bore is complete . The total distance of 8 " PVC shall be approximately 1343 lineal feet. B . After horizontal bore is complete, a 6-inch PVC shall be used for the remainder of the water line extension . The total distance of 6-inch PVC shall be approximately 657 lineal feet. The DEVELOPER shall furnish and install a water system along the east side Massey Road from the north east corner of the intersection of CR 510 and Massey Road. The water system will consist of approximately 1343 lineal feet of 8 -inch PVC and PE watermain, and 657 lineal feet of 6 inch PVC , two (2) fire hydrant assemblies, and all other appurtenances . (See Exhibit "C ") Page 1 CIDOCUMENTS AND SETTINGS\CAROLE\MY DOCUMENTS\MGB CONSTRUCTION\DEVELOPERS AGREEMENT 7-28-04.DOC