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5 - ORIGINAL forth in this Agreement that certain parcels of real property located at 6435 12th Street , Vero Beach , Florida and more specifically described in the sketch and legal description attached as Exhibit "A" , fee simple , containing a total of 32 , 870 square feet to be used as right-of-way and all improvements thereon , together with all easements , rights and uses now or hereafter belonging thereto (collectively, the " Property") . To be included in the agreement to purchase is a 15 feet wide temporary construction easement running parallel with the proposed north right of way line on both project parcels #24 and #25 . The purpose of this easement is to build a berm , locate a new perimeter fence (specifications as shown in Exhibit " B") upon that berm , grade slope , structure drainage and re-sodding . The roadway drainage will be collected through permitted drainage collector systems and will not drain outside the right of way. Drainage on private property will be collected in a similar manner as existing conditions , and transmitted to the IRFWCD sub-lateral B- Canal . Every effort will be made to provide an adequate drainage system as ogd as o better than the existin ondif on . H�-9ft 4d4Aw IWAl.�lj; al� . 077 14 0 Z ��aC � 4e Ori X &,a 5 p 2 . 1 Purchase Price , Effective Date . The purchase price (" Purchase Price") for the Property shall be Forty-Two Thousand Seventy-Three Dollars ($42 , 073 Dollars) and sha be paid on the Closing Date . In addition , the seller agrees the project contractor will be responsible for the installation of approximately 657 feet of diamond mesh wire horse fence , fence specifications attached as "Addendum # 1 , and moving the front entrance gates to be reinstalled behind the new right-of4ay line . Seller will be responsible for the root pruning and moving of 20 Live Oak Trees and 2 Coconut Trees at a price of $ 5 , 500 . The County agrees to allow the Seller to move a group of Sabal Palms that fall directly on the southwest boundary of the property , at her own expense . The storm-water drainage will essentially be the same as pre-construction , with the exception of the installation of an 18" pipe , or 24" pipe , if possible , to move the drainage water away from the property . The County agrees to remove the driveway at station 25 of the project plans , to grade a mow able swale on the north side of the perimeter berm , re-sod graded surfaces with Bahia grass , pave the road to the east line of the parcel owner, and complete the construction work during the months of April through October, to minimize the adverse effects on the property owner's ranch business . The total price to be paid to the Seller for the land and the moving of the trees shall be $47 , 573 . The Effective Date of this Agreement shall be the date upon which the County shall have approved the execution of this Agreement, either by approval by the Indian River County Board of County Commissioners at a formal meeting of such Board or by the County Administrator pursuant to his delegated authority. 3 . Title . Seller shall convey marketable title to the Property by warranty deed free of claims , liens , easements and encumbrances of record or known to Seller; but subject to property taxes for the year of Closing and covenants , restrictions and public utility easements of record provided (a) there exists at Closing no violation of any of the foregoing ; and (b) none of the foregoing prevents County's intended use and development of the Property (" Permitted Exceptions") . 3 . 1 County may order an Ownership and Encumbrance Report or Title Insurance Commitment with respect to the Property. County shall within fifteen ( 15) days following the Effective Date of this Agreement deliver written notice to Seller of title defects . Title shall be deemed acceptable to County if (a) County fails to deliver notice of defects within the time specified , or (b) County delivers notice and Seller cures the defects within thirty 2