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BOOK6 F'AGE 2 <br />NOW, THEREFORE, in consideration of issuance of <br />site plan approval by Indian River County, as an express <br />condition of such approval, and in an effort to accomplish <br />the above -stated objectives, Williamson Inc., doing business <br />as Dorwill Corp., expressly represents and agrees on behalf <br />of itself, its successors, its legal representatives and <br />assigns, as follows: <br />1. Williamson Inc., doing business as Dorwill <br />Corp., will not construct or cause to be constructed, built <br />or placed upon the reserved parcel of land described herein, <br />any improvement which would increase the value of said <br />parcel or of the remaining property described in Exhibit "A" <br />herein or any site -related improvement which is required by <br />law to serve the principle use on the property. All future <br />structures §hall be set back from the reserved parcel in <br />conforliiah6@ With setbacks established in the zoning code as <br />if thb F@§@FV@d Pei'e61 were part of the right-of-way. <br />2: Williamson inc., doing business as Dorwill <br />Corp..; a@kh@Wledges and agrees with Indian River County that <br />the purpose of this Agreement is to prevent improvements or <br />encroachments into the property reserved for future <br />*/ aaagnaph ( AAall not paevent GULIl LamAon Inc., d6a 1)oltwL11 <br />Co. - f aom nepl acLn2 the prteient fl odRie pol eA wLtA new l LteA <br />and pol e'l. 1 <br />right-of-way, and Williamson Inc., doing business as Dorwill <br />Corp., further agrees to forego and waive any and all <br />damages or compensation for the value of any intentional or <br />incidental improvements which are made to the reserved <br />property, except normal appreciation. <br />3. Indian River County recognizes that Williamson <br />Inc., doing business as Dorwill Corp., may continue to make <br />such use of the reserved property as will not cause an <br />increase in the value of the reserved property or of the <br />remaining site, until such time as the County acquires the <br />reserved property for right-of-way improvements. <br />4. Both parties agree <br />business as Dorwill Corp. does <br />have to compensation for the <br />improvements currently thereon, <br />determined according to law at <br />the County. <br />that Williamson Inc., doing <br />not waive any right it may <br />reserved property and any <br />the value thereof to be <br />the date of acquisition by <br />IN WITNESS WHEREOF, the Developer has caused this <br />Agreement to be executed this _� C) day of 0'4� 1987 <br />by the below authorized representatives. -- <br />( r�a e Seal) <br />i <br />10 <br />WILLIAMSON INC. <br />doing business as Dorwill <br />Corp. <br />r•' 01 <br />By <br />— <br />Press a—�.nt <br />ATTEST: , <br />r --- 4R!7 <br />ecrtar. <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, <br />FLORIDA <br />By_G <br />on cur ock, <br />Chairman <br />