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INTERLOCAL AGREEMENT <br />PROVIDING FOR THE TRANSFER AND ASSUMPTION OF THE <br />CITE[ OF SEBASTIAN WATER AND WASTEWATER SYSTEM <br />THIS INTERLOCAL AGREEMENT, is made and entered into as of this <br />_ZgL2A day of September, 1995, by and between Indian River County, <br />Florida, a political subdivision of the State of Florida (the <br />"County"), and the City of Sebastian, Florida, a municipal <br />corporation and body politic existing under the laws of the State <br />of Florida (the "City"). <br />W I T N E 8 E T H: <br />WHEREAS, the City owns and operates a potable water supply, <br />treatment, and distribution system and a wastewater collection, <br />transmission, treatment, disposal and reuse system which provides <br />services within and around its incorporated area; and <br />WHEREAS, the County owns and operates a potable water supply, <br />treatment, and distribution system and wastewater collection, <br />transmission, treatment, disposal and reuse system, both of which <br />are larger than the utility systems owned and operated by the City; <br />and <br />WHEREAS, <br />the County has the power and <br />authority <br />to provide <br />potable water and wastewater infrastructure <br />and service <br />within <br />Indian River <br />County and upon the consent of <br />the City <br />within the <br />Gi <br />incorporated <br />areas of the City of Sebastian; <br />and <br />-ft1 <br />WHEREAS, <br />the County and the City have held <br />a public <br />hearing on <br />C� <br />the proposed <br />purchase, sale and transfer <br />of the <br />water and <br />©► <br />wastewater utility <br />system owned by the City in <br />Indian River County, <br />1 of 28 <br />