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Jan 22 04 10 : 45a Indian River County 772 - 770 - 5095 02 3 - Q P , 2 � f Citrus Springs Village " C " ( Phase 1 ) MODIFICATION TO CONTRACT FOR CONSTRUCTION OF REQUIRED SIDEWALK IMPROVEMENTS NO . PD -01 =02 -08 -CFCSIDE -C1 (99100114=27447) THIS MODIFICATION , made and entered into this -Z a, day of 2004 , by and between The Suntree Partners , a Florida general partnership , hereinafter referred to as " Developer" , and INDIAN RIVER COUNTY , a political subdivision of the State of Florida , by and through its Board of County Commissioners , hereinafter referred to as " County WITNESSETH : WHEREAS , Developer entered into a Contract for Construction of Required Sidewalk Improvements No . PD -01 -02 -08 -CFCSIDE -C1 (99100114= 27447) guaranteeing the completion of certain required sidewalk improvements ; and WHEREAS , certain of the required sidewalk improvements are not completed as outlined in Exhibit "A" attached hereto , and WHEREAS , the Indian River County Code requires the developer to construct required sidewalk improvements , within two years from the date of final plat approval with the ability to extend the contract for construction and posted security for an additional two years ; and WHEREAS , the final plat for Citrus Springs Village " C " P . D . was approved by the Board of County Commissioners of Indian River County on March 5 , 2002 ; and WHEREAS , Developer wishes to extend the contract date in which to complete the remaining required sidewalk improvements in Phase 1 to October 28 , 2004 which is within the code requirement ; and WHEREAS , Developer additionally wishes to reduce the amount of security in place since a portion of the sidewalks has been constructed and inspected ; and WHEREAS , adequate security, in the form of a performance bond , is currently in place , NOW, THEREFORE , IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as follows : moil