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Original "C" is a dedication of property (Dedication Property) to Indian River County from Three Dogs, (5,758.78 square feet). The ROW Property and Dedication Property hall collectively referred to as the Property; and WHEREAS, Three Dogs, the Trust and the County wish enter into this agreement for sale, purchase and dedication of the Property; NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, covenants and premises hereinafter, the County and Three Dogs and the Trust agree as follows: 1. Recitals. The above recitals are affirmed as being true and correct and are incorporated herein 2 Agreement to Purchase and Sell. Three Dogs and the Trust (Sellers) hereby agree to sell to the County, and the County hereby agrees to purchase from Sellers, upon the terms and conditions set forth in this Agreement that certain parcel of real property located on the northeast corner of 66th Avenue and 9th Street SW, Vero Beach, Florida and more specifically described in the sketch and legal description attached as Exhibit "C", fee simple, containing approximately 68,815.20 square feet, all improvements thereon, together with all easements, rights and uses now or hereafter belonging thereto (the "ROW Property"). 3. Agreement to Dedicate. Three Dogs agrees to dedicate to the County, and the County hereby agrees to accept from Three Dogs a 5,758.78 square foot parcel of property dedicated as a condition of site plan approval, also shown on Exhibit "C", fee simple, all improvements thereon, together with all easements, rights and uses now or hereafter belonging thereto (the "Dedicated Property"). 3.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the ROW Property shall be $31,655 (Thirty -One Thousand Six Hundred Fifty -Five Dollars), The Purchase Price shall be paid on the Closing Date. The Effective Date of this Agreement shall be the date upon which the County shall have approved the execution of this Agreement, either by approval by the Indian River County Board of County Commissioners at a formal meeting of such Board or by the County Administrator pursuant to his delegated authority. 4. Title. Sellers shall convey marketable title to the Property by warranty deed free of claims, liens, easements and encumbrances of record or known to Seller; but subject to property taxes for the year of Closing and covenants, restrictions and public utility easements of record provided (a) there exists at Closing no violation of any of the foregoing; and (b) none of the foregoing prevents County's intended use and development of the Property ("Permitted Exceptions"). 4.1 County may order an Ownership and Encumbrance Report or Title Insurance 2