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I <br />L_ <br />,i <br />I! <br />i! <br />I! <br />11difference between the sum paid <br />;lit would be required to pay as <br />for the 6" meter and the amount <br />if they were installed for service <br />(within the area of the original 443 acres owned by the Moorings. <br />;The Moorings is also given the right to have the City install <br />I <br />additional meters within the area of this additional -land and to <br />charge these meters to the remaining 600 meter connections provided <br />jfor in the contract. The Moorings will pay for these meters in <br />ii <br />that additional area at the same rate as if they were installed <br />ilfor service within the area of the; original 443 acres owned by <br />!I <br />Moorings. After the City has provided this %,later service for � <br />this additional area, then the City may charge the Moorings or the <br />owners of property within this additional area for meter connection; <br />land water service on exactly the same basis as the City charges <br />others for the same service, including the then applicable impact <br />�fees. i <br />11 <br />4. The Warranty Deed dated September 25, 1969, recorded i <br />join Official Record Book 329, page 204, in the office of the Clerk <br />lof the Circuit Court of Indian River County, Florida, from the <br />.!Moorings as grantor to the City as grantee, contains the following f <br />E i <br />paragraph: <br />"This conveyance is made for the sole purpose of <br />vesting the title to the above described land, the <br />elevated water storage tank and the 12 inch water <br />main in the City in order to provide the.City with <br />the facilities to furnish water in accordance with <br />the above described contract and they shall not be <br />used for any other purpose. If at any time the <br />City shall cease to furnish such water service in <br />accordance with that contract, then the property <br />herewith conveyed shall revert to'and become the <br />property of the Grantor, which also retains the i <br />I right to landscape and beautify said real property." <br />i i <br />That paragraph is herewith stricken from that deed and in lieu <br />thereof, the City and the Moorings agree that the conveyance made <br />Y ! <br />Iby that deed, the easement hereinafter referred to and the con- <br />i <br />jveyance of the water mains within the existing Moorings' platted l <br />subdivisions are each made in order to provide the City with the <br />i <br />facilities to furnish water within the area described in the con- <br />itract and to furnish water service to such additional areas as <br />E <br />the City may, from time to time, elect to serve. If at any time <br />_3_ <br />Smith, .O'Haire, Thatcher & Quinn, Attorneys At cavy, P. O. Box 1030, Vero Beach Florida <br />JAN d 9V (305) 567-4351 naK 48 PAGE <br />