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SECOND AMENDMENT TO DEVELOPER'S AGREEMENT BETWEEN <br /> INDIAN RIVER COUNTY, FLORIDA AND SLV MILLSTONE, LLC <br /> FOR MILLSTONE LANDING PLANNED DEVELOPMENT <br /> THIS SECOND AMENDMENT TO DEVELOPER'S AGREEMENT, (Second <br /> Amendment) entered this 5th day of December , 2017, by and between INDIAN RIVER <br /> COUNTY, FLORIDA a political subdivision of the State of Florida, 1801 27th Street, Vero <br /> Beach, Florida, 32960 hereafter called COUNTY and SLV MILLSTONE, LLC, a Delaware <br /> Limited Liability Company, the address of which is 6310 Capital Drive, Suite 130, Bradenton, <br /> Florida 34202, hereafter referred to as the DEVELOPER. <br /> WITNESSETH <br /> WHEREAS, the Indian River Board of County Commissioners, during a public hearing, <br /> granted its approval to the Conceptual Planned Development Plan known as "Millstone <br /> Landing" on October 19, 2004; and <br /> WHEREAS, the previous developer, Shelby Homes at Millstone, Inc., (Shelby Homes) <br /> entered into a Developer's Agreement with the COUNTY dated July 12, 2005 (Original <br /> Agreement)that called for on site, off site, and site related improvements; and <br /> WHEREAS, the Original Agreement is binding on any successor developer; and <br /> WHEREAS, DEVELOPER purchased undeveloped platted lots north of 21st Street SW <br /> and all of the remaining project acreage in Millstone Landing located south of 21st Street SW; <br /> and <br /> WHEREAS, DEVELOPER and COUNTY amended the Original Agreement on October <br /> 4, 2016; and <br /> WHEREAS, the Parties desire to further amend the Original Agreement as stated below; <br /> NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, <br /> covenants, and premises hereinafter, and other good and valuable consideration, the receipt <br /> and sufficiency of which is hereby acknowledged, the COUNTY and DEVELOPER agree to <br /> amend the Original Agreement as follows: <br /> 1. Recitals: The foregoing recitals are hereby incorporated as if fully restated herein. <br /> 2. Paragraph 5 of the Original Agreement is hereby deleted and replaced with the <br /> following: (words underlined are added): <br /> 5. 23r1 Street SW: Prior to the issuance of the Proiect's 450th Certificate of <br /> Occupancy, or before July 1, 2018, whichever occurs first, DEVELOPER shall <br /> have designed, permitted, and constructed 23rd Street SW as a two-lane paved <br /> roadway, in accordance with Indian River County's standards, to Include a five <br /> foot(5')concrete sidewalk on the north right-of-way line from 27th Avenue west to <br /> a point lust west of 30th Avenue SW, a distance of approximately 1,050 linear <br /> feet, The July 1, 2018 completion deadline may be extended if the Indian River <br /> County Public Works Director determines DEVELOPER has proceeded in good <br /> faith to complete the described improvements, and is making satisfactory <br /> progress with construction. <br />