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. 0 � U <br /> 7 - L <br /> o 3 ,ec <br /> for use with <br /> letter of credit <br /> CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS <br /> NO . SD =03 -03 -11 -CFC (2002070178 =35959) <br /> THIS CONTRACT , made and entered into this day of <br /> 2003 by and between DOUBLE R & D INC . , a Florida corporation , <br /> herein fter referred to as " Developer, " and INDIAN RIVER COUNTY , a political <br /> subdivision of the State of Florida , by and through its Board of County Commissioners , <br /> hereinafter referred to as "County" . <br /> WITNESSETH : <br /> WHEREAS , Developer is commencing proceedings to effect a subdivision <br /> of land within Indian River County, Florida ; and <br /> WHEREAS , a final plat of the subdivision within the unincorporated area of <br /> Indian River County shall not be recorded until the Developer has installed the required <br /> improvements or has guaranteed to the satisfaction of the County that such <br /> improvements will be installed ; and <br /> WHEREAS , Developer requests the approval and recordation of a certain <br /> plat to be known as Grand Oak Estates , A Subdivision ; and <br /> WHEREAS , the required improvements are to be installed after <br /> 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 follows : <br /> 1 . Developer agrees to construct on or before <br /> Iy aDro q , in a good and workmanlike manner, those improvements <br /> described as follows : <br /> See Exhibit "A" attached hereto <br /> or otherwise required by the Indian River County Code in connection with the approval <br /> of said plat. A copy of the plat shall be recorded in the Public Records of Indian River <br /> County , Florida upon the final approval of the Board of County Commissioners and <br /> made a part hereof for all purposes . <br /> 1 <br /> FAAttorney\Nancy\DOCS\PL.AW\draft k for constr w loc grand oaks.doc <br />