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/ ► � / i t <br /> 13 • b /. / <br /> COST SHARING AGREEMENT c <br /> between <br /> INDIAN RIVER COUNTY and RUSSELL J . KELLY <br /> THIS COST SHARING AGREEMENT made this ' 3, 6 day of August , 2011 by <br /> and between INDIAN RIVER COUNTY , a political subdivision of the State of Florida , <br /> hereinafter referred to as County , whose address is 1801 27th Street , Vero Beach , FL <br /> 32960 and RUSSELL J . KELLY , a single man , hereinafter referred to as Kelly , whose <br /> address is 905 Bowline Drive , Vero Beach , FL 32963 agree as follows : <br /> WHEREAS , Kelly is the owner of a single family residence located at 905 <br /> Bowline Drive , Vero Beach , Florida ; and <br /> WHEREAS , the Kelly property is in the Moorings Subdivision and the property <br /> abuts a canal that leads to the Indian River Lagoon ; and <br /> WHEREAS , the County is responsible for the maintenance and repair of <br /> stormwater drainage facilities within the Moorings Subdivision ; and <br /> WHEREAS , on the northern border of the Kelly property , the County has a 10 - <br /> foot easement for drainage purposes of stormwater runoff from Bowline Drive into the <br /> canal ; and <br /> WHEREAS , investigation reveals that the drainage pipe running along the <br /> northern edge of the Kelly property has broken near the seawall that exists along the <br /> canal causing erosion and undermining of the seawall so that it now leans at an angle to <br /> the west instead of being perpendicular ; and <br /> WHEREAS , the parties agree that it would be in their mutual best interest to <br /> repair the broken pipe and the seawall at the same time ; and <br /> WHEREAS , the parties agree to share equally the costs of repair to the seawall <br /> and the pipe , <br /> NOW , THEREFORE , for good and valuable consideration exchanged between <br /> the parties , the County and Kelly agree as follows : <br /> 1 . The above recitations are true and accurate . <br /> 2 . Kelly has solicited estimates for repair of the leaning seawall and broken pipe <br /> from three ( 3 ) licensed contractors experienced in this type of repair and has <br /> agreed to choose the lowest and most responsive bidder . <br /> 1 <br />