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Citrus Springs Village "E° CONTRACT FOR CONSTRUCTION OF REQUIRED SIDEWALK IMPROVEMENTS NO . PD -03 -02 -07 -SIDE (99100114 =48550 ) THIS CONTRACT , made and entered into this 21 ct day of Fah=uar�—, 2006 , by and between The Suntree Partners , a Florida general partnership , and HMM , Inc. , a Florida corporation , 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 is commencing proceedings to effect development of land within Indian River County, Florida ; and WHEREAS , a Final Plat for the development within the unincorporated area of Indian River County shall not be approved until the Developer has installed the required improvements or has guaranteed to the satisfaction of the County that such improvements will be installed ; and WHEREAS , the required sidewalk improvements are to be installed after Final Plat approval , under guarantees posted with the County . NOW , THEREFORE , IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as follows : 1 . Developer agrees to construct by February 21 , 2008 , a date being within two years of approval of Final Plat , in a good and workmanlike manner, those improvements described as follows : See Exhibit "A"- attached hereto . or otherwise required by the Code of Laws and Ordinances of Indian River County in connection with the approved Preliminary Plat and Land Development Permit, which are incorporated by reference into this contract. 2 . Developer agrees to construct said improvements strictly in accordance with County policies for sidewalk construction as those policies i F:\Attomey\Nancy\DOCS\FOIW S\Lih'us springs a sidelc.doc