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AGREEMENT TO PURCHASE AND SELL REAL ESTATE THISAGREEMENT, is, entered into as. of the. 8th day - of January, 2019, by .and between . `Indian River County, a political subdivision of the. State. of Florida, whose address is 1801 27th Street, Vero Beach, FL 32960 ("County"), and Star Suites by Riverside Theatre, LLC, a Florida limited liability company, whose address is 3250 Riverside Park .Drive, Vero Beach, FL 32963 ("Star Suites"). .WHEREAS, Star Suites owns a 1.03± acre parcel of land located south &Aviation Boulevard, commonly known as Flight Safety Drive, that, serves as one 'of, the main, entrances to Historic Dodgertown as depicted onthe aerial photo attached as Exhibit"A"; and WHEREAS, Flight Safety Drive consists of a paved, two-lane road with drainage swales on either side; and WHEREAS, Star Suites also owns a 0.46± acre parcel of property containing.part• of a dirt road commonly known 'as Dodger .Road, which is located to the east of the southern 'end of Flight Safety Drive, and is bordered by .Flight Safety Drive to the west and Historic Dodgertown to the south as depicted on the aerial.photb-attached as Exhibit "B"; and WHEREAS, the County is the,owner of Historic Dodgertown and finds it advantageous to acquire these two arcels for improved access to the Historic Dodgertown parcel; and NOW THEREFORE, in consideration of the mutual undertakings herein, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree, as. follows: Recitals. The above recitals are true and correct and are incorporated. herein. 1. Agreement to Purchase and Sell. Star. Suites hereby agrees to sell to the County, and the County hereby agrees to purchase from . Star Suites, uponthe terms and conditions set forth in this Agreement, the 1.03± acre parcel of real property referred to as Flight Safety Drive and the 0.46± acre parcel of real property referred to as Dodger Road, collectively referred to as the Properties and more specifically described in Composite Exhibit "C" attached and incorporated. by reference herein. 2. Purchase Price; Effective Date. The purchase price (the "Purchase Price") for the Properties shall be NINETY NINE THOUSAND SEVEN HUNDRED FIFTY DOLLARS ($99,750.00). 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, by the Indian River County Board of County Commissioners at a formal meeting of such Board. 1