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(kik COPY <br /> ,ERTIFICATtON ON LAST PAGE <br /> J.R.SMITH,CLERK <br /> 23-UTL. 04-06/93-Modified by D4/DR <br /> This instrument prepared Parcel No . 123 . 3 <br /> under the direction of: Item/Segment No. 4317591 <br /> Section: 88060-2526 <br /> Legal Description prepared by: Managing District : 04 <br /> Louis Cefolia, P. S .M. (04/15/16) S . R. No. 60 <br /> Document prepared by: County: Indian River <br /> Grace K. Abel (07/15/16) <br /> Department of Transportation <br /> Right of Way Production Services <br /> 3400 W. Commercial Boulevard <br /> Ft . Lauderdale, Florida 33309 <br /> SUBORDINATION OF CITY UTILITY INTERESTS <br /> THIS AGREEMENT is entered into this 21st day of November <br /> 2017 , by and between INDIAN RIVER COUNTY, a political subdivision <br /> of the State of Florida, hereinafter called the COUNTY, and the CITY <br /> OF VERO BEACH, a Florida municipal corporation, hereinafter called <br /> the CITY. <br /> WITNESSET H: <br /> WHEREAS, the CITY presently has an interest in certain lands that <br /> have been determined necessary for highway purposes; and <br /> WHEREAS, the proposed use of these lands for highway purposes will <br /> require subordination of the interest claimed in such lands by the CITY <br /> to the COUNTY; and <br /> WHEREAS, the COUNTY is willing to pay to have the CITY' S facilities <br /> relocated if necessary to prevent conflict between the facilities so <br /> that the benefits of each may be retained, <br /> NOW, THEREFORE, in consideration of the mutual covenants and <br /> promises of the parties hereto, CITY and COUNTY agree as follows : <br /> CITY subordinates to the interest of COUNTY its successors and <br /> assigns, any and all of its interest in the lands as follows, viz : <br /> Parcel No. 123 Item/Segment No. 4317591 <br /> A portion of Lots 1 and 2, PINEWOOD SUBDIVISION, according to the plat <br /> Page 1 of 5 <br />