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' Amelia Plantation <br /> C;6 <br /> MODIFICATION <br /> MODIFICATION TO <br /> CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br /> NO . SD -03 -08 -22CFC (2000070058 -38955 ) <br /> THIS MODIFICATION , made and entered into this 24th day of <br /> May 2005 , by and between Amelia Plantation Group , L . L . C . , a <br /> Florida limited liability company , hereinafter referred to as " Developer" , and <br /> INDIAN RIVER COUNTY , a political subdivision of the State of Florida , by and <br /> through its Board of County Commissioners , hereinafter referred to as " County" . <br /> WITNESSETH : <br /> WHEREAS , Developer entered into a Contract for Construction of <br /> Required Improvements No . SD-03 -08 -22CFC ( 2000070058 - 38955 ) <br /> guaranteeing the completion of certain required improvements , and posted <br /> Harbor Federal Savings Bank Irrevocable Letter of Credit No . 390 in the original <br /> amount of $ 924 , 101 . 31 as security for the completion of those required <br /> improvements ; and <br /> WHEREAS , said Harbor Federal Savings Bank Irrevocable Letter of <br /> Credit No . 390 has been reduced on two separate occasions , with the total <br /> amount remaining at $425 , 883 . 51 ; and <br /> WHEREAS , the required improvements are not all completed ; and <br /> WHEREAS , Indian River County Code Section 913 . 10 ( 1 ) ( B ) allows up to <br /> one year from date of final plat approval for the required improvements to be <br /> completed ; and <br /> WHEREAS , the final plat for Amelia Plantation was approved by the <br /> Board of County Commissioners of Indian River County on May 4 , 2004 ; and <br /> WHEREAS , Indian River County Code Section 913 . 10 ( 1 ) ( E ) states that <br /> for good cause shown , the Board of County Commissioners may in its discretion <br /> grant one or more extensions of time for performance of any contract - for <br /> required improvements , provided the surety supporting such contract remains <br /> valid for 90 days beyond the extended completion date ; and <br /> WHEREAS , the Developer wishes to extend the contract date in which to <br /> complete the remaining required improvements to August 24 , 2005 . <br />