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JUL 61983 l' LEASE AGREEMENT THIS LEASE AGREEMENT made this6th day of July, 1983, by and between Indian River County, a political subdivision of the State of Florida, hereinafter referred to as "County" and the City of Fellsmere, a municipal corporation existing under the laws of the State of Florida, hereinafter referred to as the "City". RECITALS WHEREAS, Indian River County on November 2, 1944, adopted a resolution dedicating for public use and purpose certain lands described in Exhibit "A" attached hereto, and WHEREAS, said resolution was never recorded in the Official Record Books of Indian River County and there was never a formal conveyance of the property by a recorded legal instrument, and WHEREAS, the City, however, took possession of the property and has held the property for municipal purposes for many years, and WHEREAS, both parties are now in doubt as to the legal affect of the 1944 resolution and wish to settle forever the status of the property in a manner that is consistent with both governmental agencies' goals and objectives. NOW, THEREFORE, in consideration of the mutual promises and undertakings hereinafter contained both parties agree as follows; 1. The parties agree that Indian River County owns fee simple title of the property described in Exhibit "A" attached hereto and that by the execution of this agreement the parties hereto acknowledge and agree that the resolution dated November 2, 1944, copy of which is attached hereto, is null and void and has no legal affect whatsoever. 2. Indian River County ratifies and confirms the City's right to use the property from November 2, 1944, to date and the City acknowledges full responsibility for all liability associated with the use of the property by the City or those using the property with the City's permission to date. 3. For consideration of the sum of ONE DOLLAR ($1.00)