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ON MOTION by Commissioner Scurlock, SECONDED by Com- <br />missioner Bowman, Commissioner Bird and Chairman Wheeler <br />being absent, the Board unanimously (3-0) approved <br />Purchase Agreement with Purowater Utility Systems, Inc., <br />and River Run Development, Inc., as recommended by staff. <br />AGREEMENT <br />BETWEEN <br />INDIAN RIVER COUNTY, FLORIDA <br />AND <br />PUROWATER UTILITY SYSTEMS, INC. <br />AND <br />RIVER RUN DEVELOPMENT, INC. <br />COUNTY TAKE-OVER OF UTILITY SYSTEMS <br />THIS AGREEMENT, made this 24th day of October <br />1989, between INDIAN RIVER COUNTY, a political subdivision of the <br />State of Florida, 1840 25th Street, Vero Beach, Florida, 32960 <br />(COUNTY), and PUROWATER UTILITY SYSTEMS, INC. (PUROWATER), and <br />RIVER RUN DEVELOPMENT, INC. (RIVER RUN), whose address is Post <br />Office Box 3938, Vero Beach, Florida, 32964-3938, <br />WITNESSETH <br />WHEREAS, PUROWATER is the owner of a water and wastewater <br />utility system servicing a portion of Indian River County; and <br />WHEREAS, RIVER RUN DEVELOPMENT is the owner of the land <br />upon which PUROWATER'S wastewater treatment plant is located; and <br />WHEREAS, COUNTY had embarked on a program of providing <br />quality water and wastewater service to as much of Indian River <br />County as is financially feasible; and <br />WHEREAS, the PUROWATER has approached COUNTY concerning <br />the County's purchase of the utility system; and <br />WHEREAS, PUROWATER has agreed to the purchase by COUNTY <br />of the water and wastewater systems, including plant and <br />distribution systems for the sum of $20,000.00, said amount to be <br />applied as a credit to River Run Development, Inc. toward future <br />water and wastewater impact fees due for Building A; and <br />WHEREAS, COUNTY will assume total responsibility for <br />all operation and maintenance of the water and wastewater <br />systems; and <br />WHEREAS, the COUNTY agrees that all wastewater <br />customers of the utility will be billed at the current County <br />wastewater rates and all water customers will be billed at the <br />current water rates being charged by PUROWATER; <br />NOW THEREFORE, for and in consideration of the mutual <br />covenants contained herein as well as other good and valuable <br />consideration, the COUNTY and PUROWATER agree as follows: <br />QCT 2 4 1989 <br />29 <br />i c:a <br />BOOK d PAGE 242 <br />