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7 ' WATER PURCHASE AGREEMENT THIS AGREEMENT, entered into between URBAN DEVELOPMENT UTILITIES, INC., a non-profit corporation in Indian River County, Florida, hereinafter referred to as "UDU", and INDIAN RIVER COUNTY, a political subdivision of the State of Florida, hereinafter , referred to as "COUNTY". 4 WITNESSETH: WHEREAS, the COUNTY did, on January 5, 1973, enter into an Agreement with the City of Vero Beach, Florida, and the said ` ! Agreement provides for the COunty to purchase treated water L from the City of Vero Beach, Florida; and WHEREAS, the COUNTY did, on November 6, 1973, enter into b f i Annex I to said Agreement with the City of Vero Beach, Florida, and the said Annex I modifies, expands or spells out in detail the terms and conditions of said Agreement; and WHEREAS, it is the -intent and purpose of the COUNTY to F purchase treated water from the City of Vero Beach, Florida, under 5 r said,Acreamenb and Annex I and to sell said treated water to UDU upon the terms and conditions and limitations as set out in this ' Agreement; and - WHEREAS, UDU desires to purchase said treated water from ! the COUNTY for resale to UDUts water customers, s i NOTI, THEREFORE, in consideration of the foregoing and the mutual agreements hereinafter set forth, the parties do agree as follows: ° t 1. Service Area s Distribution, resale, or consumption of water by UDU under ^ this Agreement shall be the area under the franchise granted from the COUNTY To UDU and 1 -he area outside that franchise area which is presently served by the UDU water system on the date - ? of this Agreement, which is specifically designated as Exhibit "A" attached hereto and made a part of this Agreement. s . LAW OFFICES OF BURCH. COLLINS t1 BROWN P. O BOX 3666 744 BEACHLAND BOULEVARD - VERO BEACH, FLORIDA 32960 PHONE 667.3463 P. O HOX 26" • 221 NARTH Lt. t+ NO 1 - HFt1AwrIAN, FLOrtIrIA 3295" i �+ + i PHONE 669.3150 + 'MAY 19 19,76 T s= - �.. ,.