Laserfiche WebLink
`z <br /> Isles at Waterway Village PD - Plat 1 B C_ <br /> MODIFICATION TO <br /> CONTRACT FOR CONSTRUCTION OF REQUIRED SIDEWALK <br /> IMPROVEMENTS <br /> N0 . PD =05-04-08 ( B) SIDE (2004010124 -53690) <br /> THIS MODIFICATION , made and entered into this 7th day of October, <br /> 2008 , by and between DiVosta Homes, L . P. , a Delaware limited partnership , <br /> hereinafter referred to as "Developer" , and INDIAN RIVER COUNTY , a political <br /> subdivision of the State of Florida , by and through - its Board of County <br /> Commissioners , hereinafter referred to as " County" . <br /> WITNESSETH : <br /> WHEREAS , Developer entered into a Contract for Construction of <br /> required Sidewalk Improvements No . PD-05-04-08(13 )SIDE (2004010124=53690 ) <br /> guaranteeing the completion of certain required sidewalk improvements on or <br /> before July 18 , 2008 and posted a SunTrust Bank letter of credit as security to <br /> guarantee completion ; and <br /> WHEREAS , a portion of sidewalk improvements has been completed ; and <br /> WHEREAS , the developer has <br /> (X ) requested an additional two-year extension to July 18 , 2010 to <br /> complete the remaining required sidewalk improvements ; <br /> ( ) requested a substitution of security <br /> ( ) requested a reduction in the amount of security necessary to <br /> complete the remaining sidewalks , and <br /> ( ) provided an updated certified cost estimate attached as Exhibit "A" ; <br /> NOW, THEREFORE , IN CONSIDERATION OF THE MUTUAL <br /> COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as <br /> follows : <br /> 1 . The date for completion of the required sidewalk improvements as <br /> outlined in the Contract for Construction of Required Sidewalk Improvements No . <br /> PD-05-04=08 ( 13 )SIDE (2004010124=53690 ) is extended to July 18 , 2010 . <br />