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AGREEMENT BETWEEN 4Q lD a 7 g <br /> INDIAN RIVER COUNTY, FLORIDA <br /> AND <br /> PUBLIX SUPER MARKETS , Inc. <br /> THIS AGREEMENT , entered this 2nd day of November , 2010 , by and between <br /> INDIAN RIVER COUNTY, FLORIDA a political subdivision of the State of Florida, 180127" <br /> Street, Vero Beach, Florida, 32960 hereafter called COUNTY and PUBLIX SUPER MARKETS, <br /> INC . , a Florida corporation, 3300 Publix Corporate Parkway, Lakeland, Florida, 33811 , hereafter <br /> referred to as PUBLIX. <br /> WITNESSETH <br /> WHEREAS , PUBLIX leases certain premises (the "Premises") located in the Shops of <br /> Sebastian Shopping Center, Sebastian , Indian River County, Florida (the " Shopping Center") from <br /> IPF/SEBASTIAN, LLC , a Florida limited liability company (the " Shopping Center Owner") ; and <br /> WHEREAS , the Shopping Center is located at the intersection of County Road 510 ("CR- <br /> 510 ") and Stoney Point Drive , Sebastian , Florida; and <br /> WHEREAS , PUBLIX has requested the Shopping Center Owner and the COUNTY to <br /> implement a southbound directional left from CR- 510 into the current design for the Shopping <br /> Center in which the Premises are located , and ; <br /> WHEREAS , the COUNTY is planning to make improvements to CR-510 in the future ; and <br /> WHEREAS , the COUNTY and PUBLIX share mutual concerns with respect to the <br /> improvements to CR- 510 , specifically, a directional left turn lane accessing the Shopping Center via <br /> Stoney Point Drive ; and <br /> WHEREAS , as a result of the project, COUNTY would be required to construct and install a <br /> south bound directional left turn lane on CR- 510 to provide access to the Shopping Center ; and <br /> WHEREAS , both the COUNTY and PUBLIX can mutually benefit each other through a <br /> joint effort that will transfer responsibility of constructing the directional turn lane from the <br /> Shopping Center Owner to the County . <br /> THEREFORE , in consideration of the mutual terms , conditions , promises, covenants and <br /> premises hereinafter, the COUNTY and PUBLIX agree as follows : <br /> 1 . The above recitals are affirmed as being true and correct and are thereby incorporated <br /> herein . <br /> 2 . The COUNTY has current plans to widen and improve CR-510 directly to the west of the <br /> 1 <br />