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AGREEMENT TO PURCHASE AND SELL REAL ESTATE THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 26th day of March , 2019, by and between Indian River County, a political subdivision of the State of Florida ("County"), whose address is 1801 27th Street, Vero Beach, FL 32960 and Premier Citrus, LLC, a Florida Limited Liability company, whose address is 625 66th Avenue SW Vero Beach, FL 32968 ("Sellers"), who agree as follows: 1. Agreement to Purchase and Sell. The Seller hereby agrees to sell to the County, and the County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this Agreement, three parcels of real property totaling approximately 286.14 acres, generally described as follows: • Indian Springs Parcel is approximately 204.96 acres in size • Seminole Acres Parcel is approximately 42.64 acres in size • Ranch Road Parcel approximately 38.54 acres in size The three contiguous parcels form a rectangle being bordered by 82nd Avenue to the east, 4th Street to the north, 90th Avenue to the west and 1 st Street SW to the south, County of Indian River, State of Florida more specifically described on composite Exhibit "A" attached hereto and incorporated by reference herein and all improvements thereon, together with all easements, rights and uses now or hereafter belonging thereto (collectively, the "Property'). County is required to purchase, and close on, all three properties on the same closing date defined herein, unless separate closing dates are agreed upon by the parties in writing. 2. Purchase Price, Effective Date. The purchase price (the "Purchase Price") for the Property shall be as follows: • Three Million, Five Hundred Eighty Six Thousand and Eight Hundred Dollars ($3,586,800.00) for the Indian Springs parcel based on a per acre price of $17,500 per acre. • Five Hundred Ninety Six Thousand and Nine Hundred Sixty Dollars ($596,960.00) for the Seminole Acres parcel based on a per acre price of $14,000 per acre. • Six Hundred Sixteen Thousand and Six Hundred and Forty Dollars ($616,640.00) for the Ranch Road parcel based on a per acre price of $16,000 per acre. For a total of four million eight hundred thousand four hundred dollars ($4,800,400.00). The Purchase Price shall be paid on the Closing Date. The Purchase Price shall be final, and shall not be readjusted for any changes in the final surveyed acreage of the Property. The Effective Date of this Agreement shall be the date upon which the County shall have approved the execution of this Agreement, by approval by the Indian River County Board of M