Common use of Construction of Infrastructure Clause in Contracts

Construction of Infrastructure. The Buyer and the CDDs (including their respective agents and contractors) shall have the right to enter onto the Property to construct roads, together with drainage facilities, underground utility lines, entry walls, and all other subdivision infrastructure which are permitted to be constructed by the CDDs pursuant to Florida law (collectively, the "Infrastructure") provided: (a) the Infrastructure is constructed in accordance with Pasco County specifications and complies with all rules and regulations of governmental agencies having jurisdiction over it, (b) the Infrastructure is consistent with and is appropriately sized as necessary to accommodate the development as set forth in the Master Plan, (c) the Buyer or the CDDs pay the cost of constructing the Infrastructure, and (d) any Infrastructure consisting of roads and utilities lines are connected to existing public rights of ways and utility lines dedicated to Pasco County and/or existing rights of ways owned by the Meadow Pointe II Community Development District (the "MPII CDD"), in which latter case the Buyer shall cause the MPII CDD to grant perpetual easements for ingress and egress over such roadways for the benefit of that portion of the Property served by the Infrastructure. With respect to all contracts in excess of $200,000 for the construction of Infrastructure, the Buyer and/or the CDDs shall cause the contractor to obtain a payment and performance bond in statutory form or otherwise reasonably acceptable to the Seller.