HomeMy WebLinkAbout2021-099A TRUE COPY
CERTIFICATION ON LAST PAGE
J.R. SMITH, CLERK
FOURTH ADDENDUM TO AGREEMENT
BETWEEN
INDIAN RIVER COUNTY, FLORIDA AND
REDEVGROUP, INC.
THIS FOURTH ADDENDUM is made and entered into this 13th day of July ,
20215 by and between Indian River County, Florida, a political subdivision of the State of Florida,
1801 27th Street, Vero Beach, FL 32960, ("County"), and REDEVGROUP, INC., a Florida Profit
Corporation, 1826 US Highway 1, Vero Beach, FL 32960 ("Developer").
WITNESSETH
WHEREAS, County and Developer entered into an Agreement dated June 12, 2018,
("Agreement"), which Agreement was amended by that First Addendum thereto dated September
11, 2018 ("First Addendum"), and further amended by that Second Addendum thereto dated
November 13, 2018 ("Second Addendum"), and further amended by that Third Addendum thereto
dated November 10, 2020; and
WHEREAS, County and Developer desire to further amend the Agreement as described
herein;
NOW, THEREFORE, for in consideration of the mutual promises and covenants contained
herein, the sufficiency of which is hereby acknowledged, County and Developer hereby agree as
follows:
1. The foregoing recitals are incorporated as if fully restated herein.
2. Section 4 of the Agreement is hereby amended to read as follows (words
underlined are additions; words st: uek th-ough are deleted):
Section 4: Developer shall record a Declaration of Restrictive Covenants which
will restrict the development of Lot 5 with the following standards:
a. The combined pervious and stormwater areas are not to be less than
44% of the total property area. No building or pavement shall be
constructed within the southern most 75' of property (this area shall
be used for landscaping, water retention and signage).
b. A minimum of six (6) specimen trees shall be preserved.
No single building footprint shall exceed 8,225 x,QW square feet,
and onsite buildings shall be separated by a minimum of 50 feet. The
average size of all buildings shall be 7,200 square feet or less.
d. State Road 60 criteria, parking, setbacks and buffers shall apply per
code.
3. Except as amended or restated by this Addendum, the Agreement and all of its
terms and conditions remains in full force and effect.
REDEVGROUP, INC.,
a Florida profit corporation
By:
Print Name:
Its:
WITNESS:
WITNESS:
(Corporate seal is acceptable in place
of witnesses)
Y.COd12/i°
BOARD OF COUNTY COMMISIV
INDIAN RIVER COUNTY, FLMDA '
m ame: Jo e e che�� °fir M1,'
s �h E. Fl sZ� �.�.
ts' Chairman O(ird7Y,��'
BCC Approved: July 13, 2021
Attest:
By:
PRRVE AFORM
�N -GALS FFI VA
E;
VV* ..1 4 K DEBPAA
Name: DEPUTY'
(Approved as to Form and Legal u iclency)
INDKN RIVER COUNTY
THIS IS TO CERTIFY THAT THI,", It,
A TRUE AND CORRECT COPY OF
THE ORIGINAL ON FILE IN THIN
OFMCE.
by
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