10/24/1973 - Laserfiche WebLink

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i AC; EEr;TENT M WHEREAS, the To:.°n of Indian river S1 ores, Florida is in the process of providing a wastewatei treatment facility to service the residents of the Town of Indian Fiver Shores, Florida; and WH _1%EA S, the Enard of County Commissioners of Indian River County, Florida, and the Tovrn Council of the Town of Indian River whores, Florida, desire .to cooperate to the fullest extent in relation to providing an acceptable plan for future wastewater treatment facilities to coincide with the "Regional Plan" suggested by the Environ- mental nvironmental Protection Agency; and WHEREAS, it is necessary for the Town of Indian River Shores, Florida to immedintely proceed with facilities to service its residents. MOW, TIJEREFORE, for and Inconsideration of the *rAutual covenants and conditions herein contained, The Town of Indian -River Shores, Florida, hereinafter referred to as "TOWN", and Indian River County, Florida, hereinafter referred to as "COUNTY", hereby agree as follows: 1. The TOWN shall be included in the COUNTY'S service area under the regional concept as suggested by the Environmental,Protection Agency and the COUNTY agrees to include the TOWN in its service area in any agreements between itself and the City of Vero Beach, Florida. 2. The TOWN agrees that when and if the COUNTY provides wastewater treatment facilities for COUNTY residents under said "Regional Flan", the TOWN shall sell to the COUNTY at the COUNTY'S option its complete wastewater treatment facilities and equipment at the fair market value of said facilities and equipment at time of transfer. This sale shall also include the land upon which said facilities and equipment are located. If at the -time of sale there is a disagreement between the COUNTY and TOWN as to tine fair mark -et value, then fair market value shall be determined