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CoL—K11' I !; AT 10 1 ) (.; IV LAc; _I . <br /> EXHIBIT 641399 K . BA1 R i C) N Ci r_ s, l, <br /> Prepared by: <br /> Indian River County <br /> 1801 27"' Street <br /> Vero Beach , FL 32960 <br /> Return recorded original to: <br /> Return recorded certified copy to: <br /> Office of General Counsel <br /> St. Johns River Water Management District <br /> 4049 Reid Street / Highway 100 West <br /> Palatka, FL 32177 <br /> DRAIANGE EASEMENT AGREEMENT <br /> This DRAINAGE EASEMENT AGREEMENT (the "Agreement") is made as of the <br /> day of April , 2012, by and between Vista Properties of Vero Beach , Inc. , ("Vista' having an <br /> address of P. O. Box 651460, Vero Beach , FL 32965 , and Indian River County, ("County") a <br /> political subdivision of the State of Florida , having an address of 1801 27"' Street, Vero Beach , <br /> FL 32960 . <br /> WITNESSETH: <br /> WHEREAS, Vista is the owner of that certain tract of land (the "Property") being more <br /> particularly described in Exhibit "A' attached hereto as and incorporated herein ; and <br /> WHEREAS , Vista and County desire to create a Drainage Easement Agreement for <br /> stormwater management and the drainage/retention system over the Property, for the benefit of <br /> each; and <br /> WHEREAS , both Vista and County will be served by a drainage/retention system <br /> designed and operated in accordance with District Permit No. _ (the "Permit*) issued by the St. <br /> Johns River Water Management District; and <br /> WHEREAS, Vista agrees to grant to County certain easements, rights, and privileges, <br /> including an easement over and across a certain portion of the Property for the purpose of <br /> dedicating said portion of the Property to a drainage/retention system ; and <br /> NOW, THEREFORE, for and in consideration of the sum of Ten and No/100 ($ 10. 00) <br /> Dollars and of the mutual covenants herein contained , and for other valuable and good <br /> consideration , the receipt and sufficiency of which are hereby acknowledged, Vista and County <br /> hereby agree as follows: <br /> 1 . Vista hereby bargains, sells, grants and conveys to County, and its successors and <br /> assigns, for the benefit of and as an appurtenance to the Property a perpetual, non-exclusive <br /> right, privilege and easement upon, over, in and across that certain portion of the Property as <br /> depicted on the approved plans for the Permit for the purposes of accumulation , drainage, <br />