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Florida, and made a determination that such a transfer is in the <br />public interest; and <br />WHEREAS, the County and the City, in determining if such a <br />purchase, sale and transfer is in the public interest have <br />considered, at a minimum, all of the factors referenced in Sections <br />125.3401 and 180.301, Florida Statutes; and <br />WHEREAS, the County desires to acquire all of the assets which <br />are used by the City in providing services through the City`s <br />utility system in Indian River County, Florida, and the City <br />desires to transfer those assets to the County; <br />NAW, THEREFORE, in consideration of the mutual promises, <br />covenants, representations and agreements contained herein, <br />together with $10 and other good and valuable consideration <br />exchanged between the parties, the parties to this Interlocal <br />Agreement do undertake, promise and agree for themselves, their <br />permitted successors and assigns as follows: <br />ARTICLE I <br />DEFINITIONS AND CONSTRUCTION <br />SECTION 1.01. DEFINITIONS. As used in this Interlocal <br />Agreement, the following terms shall have the meanings as defined <br />unless the context requires otherwise: <br />"Agreement" or IfInterlocal Agreement" means this Interlocal <br />Agreement Providing for the Transfer of the City of Sebastian Water <br />and Wastewater System, including any amendments and supplements <br />hereto executed and delivered in accordance with the terms hereof. <br />2 of 28 <br />7 <br />C* <br />zq <br />CD <br />CD <br />-ft.1 <br />co <br />