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dual obligee d / <br /> for use with performance bond J <br /> Eagle Trace Subdivision <br /> CONTRACT FOR CONSTRUCTION OF <br /> REQUIRED SIDEWALK IMPROVEMENTS <br /> NO . SD =00 =04 -02 -CFCSIDE (99070209 =32099 ) <br /> THIS CONTRACT , made and entered into this 1st day of <br /> July , 20039 by and between National Residential Properties , <br /> Inc . , a Nevada corporation authorized to do business in the State of <br /> Florida , hereinafter referred to as " Developer" , and INDIAN RIVER COUNTY , a <br /> political 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 is commencing proceedings to effect a <br /> subdivision of land within Indian River County, Florida ; and <br /> WHEREAS , a final plat of the subdivision within the unincorporated <br /> area of Indian River County shall not be recorded until the Developer has <br /> installed the required improvements or has guaranteed to the satisfaction of the <br /> County that such improvements will be installed ; and <br /> WHEREAS , Developer requests the approval and recordation of a <br /> certain plat to be known as Eagle Trace Subdivision ; and <br /> WHEREAS , the required sidewalk improvements are to be installed <br /> after recordation of this plat , under guarantees posted with the County . <br /> NOW , THEREFORE , IN CONSIDERATION OF THE MUTUAL <br /> COVENANTS AND PROMISES HEREIN CONTAINED , the parties agree as <br /> follows : <br /> 1 . Developer agrees to construct by June 30 , 2005 , a date <br /> being within two years of approval of Final Plat , in a good and workmanlike <br /> manner, those improvements described as follows : <br /> See Exhibit "A" attached <br /> or otherwise required by the Code of Laws and Ordinances of Indian River <br /> County in connection with the approved Preliminary Plat and Land Development <br /> Permit , which are incorporated by reference into this contract . <br /> I <br /> FAAttorney\Nancy\DOCS\PLAN\side k w perf bond dual obligee eagle trac .doc <br />