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Rug 15 05 08 :1d0a VA. ndian River C.ount;tj, ' 772 - 770 - 5095 p . 33 <br /> 1. <br /> Brookfield at Trillium Phase 'B ' <br /> For use with Contract for <br /> Construction of Required <br /> Sidewalk Improvements <br /> (for Final Plat ) <br /> CASH DEPOSIT AND ESCROW AGREEMENT <br /> T II <br /> HIS , AGREEMENT is entered into this11th day of Aujust <br /> 2005 , by and between Woodside Trillium , LLC , a Florida limited liability <br /> company ( Developer) , and INDIAN RIVER COUNTY , a political SL bdivision of <br /> the State of Florida ( COUNTY ) : <br /> WITNESSETH : <br /> WHEREAS , D:eveloper , is effecting development of land within Indian River <br /> County and is required to provide surety supporting a contract with th County for <br /> the construction of certain required sidevialk improvements relA d thereto ; <br /> NOW , THEREFORE , in consideration of the agreements , premises , and <br /> covenants set forth herein , and other good and valuable considerations , the <br /> parties hereto agree as follows : <br /> 1 . The Developer has tendered to the County Office of Management <br /> and Budget ( Escrow Agent ) the, sum_ of Thirty Thousand Six Hundred Sixteen <br /> and 25/100 Dollars ($ 30 , 616 . 25) , the receipt whereof . is hereby acknowledged , <br /> which sum shall be held in escrow by. sai6.d Office-II, .subject to the terms ; conditions <br /> and covenants of this escrow , agree.Merit ;,as assurance that : Developer shall <br /> perform in all respects the obligations ;set forth in the aforementioned Contract for <br /> Construction of Required Sidewalk Improvements , which agreement is attached <br /> hereto and incorporated herein by reference (Contract ) . . <br /> 2 . Upon completion , the Developer may obtain a disbursement from <br /> the escrow account by making a written request to the Board '' of County <br /> Commissioners of Indian River County . through the County' s Public Works <br /> Director. The , request shallspecify the amount of,; dlsbursemenf desired and shall <br /> be accompanied . by a sealed certificat from' Developer' s engineer describing the <br /> work c, ornpleted , theq actual- cost thereof, and that the work for which <br /> disbursement is requested has been completed in ; accord, ance with County <br /> policies for sidewalk construction as ,th`ose policiestrelate to JOCatlon , method , and <br /> type of construction . <br /> 3 . Disbursement shall occur only after issuance of a Certificate of <br /> 1 <br /> F :\Attomey\Nancy\DOCS\PLAN\brookfield at MIllum b cash dep for side .doc <br /> ' II � <br />