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L-016 <br /> 23-UTL.02-06/93 <br /> This instrument prepared Parcel No. 805.3R <br /> under the direction of: Item/Segment No. 2285832 <br /> Dawn Raduano, Esq. Section No. 88010-2503 <br /> Legal description prepared by: Managing District: 04 <br /> Denise M. Alexander (5-26-05) S.R. No. 5 (US 1) <br /> Department of Transportation County: Indian River <br /> 3400 W. Commercial Boulevard <br /> Ft. Lauderdale, Florida 33309 <br /> SUBORDINATION OF UTILITY INTERESTS <br /> THIS AGREEMENT, entered into by and between the STATE OF FLORIDA <br /> DEPARTMENT OF TRANSPORTATION, hereinafter called the FDOT, and <br /> INDIAN RIVER COUNTY, FLORIDA, a Political Subdivision of the State of <br /> Florida, hereinafter called the COUNTY. <br /> W I T N E S S E T H: <br /> WHEREAS, the COUNTY presently has an interest in certain lands <br /> that have been determined necessary for highway purposes; and <br /> WHEREAS, the proposed use of these lands for highway purposes will <br /> require subordination of the interest claimed in such lands by the <br /> COUNTY to the FDOT; and <br /> WHEREAS, the FDOT is willing to pay to have the COUNTY'S <br /> facilities relocated if necessary to prevent conflict between the <br /> facilities so that the benefits of each may be retained. <br /> NOW, THEREFORE, in consideration of the mutual covenants and <br /> promises of the parties hereto, COUNTY and FDOT agree as follows: <br /> COUNTY subordinates to the interest of FDOT its successors and <br /> assigns, any and all of its interest in the lands as follows, viz: <br /> Parcel No. 805 Item/Segment No. 2285832 <br /> (Section No. 88010-2503) <br /> A portion of land lying in the Northeast '/a of Section 31, Township 33 <br /> South, Range 40 East, Indian River County, Florida, <br /> more particularly described as follows: <br /> Commence at a PK nail marking the East `/4 corner of said Section 31; <br /> thence North 89°37'25" West along the East '/4 Section line <br /> of said Section 31, a distance of 1,423.79 feet to the POINT OF <br /> BEGINNING; thence continue North 89°37'25" West along said East <br /> `/4 Section line, a distance of 10.06 feet to a point on a. <br /> non-tangent curve concave to the Northeast having a chord bearing of <br /> North 25114'08" west; thence Northwesterly along the arc of said curve, <br /> having a radius of 10,107.58 feet, through a central angle of <br /> Continued <br />