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INDIAN RIVER COUNTY <br />(hereafter Petitioner) <br />VS. <br />BILLY W. JACKSON <br />(PARCEL 110) <br />(hereafter Defendant) <br />I <br />PRE -SUIT MEDIATION SETTLEMENT AGREEMENT <br />The above named Petitioner and Defendant have reached the following <br />agreements in full and complete resolution of the above styled pre -suit claim, which <br />arises out of an eminent domain claim by the Petitioner against the property owned <br />by the Defendant and located at 6835 66th Ave, Vero Beach FL 32967, (Hereafter <br />"Parcel 110") the legal description of which is included on exhibit A: <br />1. Within 20 days of the County Commission approving this Agreement as <br />described herein, the Petitioner agrees to do the following: <br />a. The Petitioner will pay to the Defendant the total sum of $210,000.00 (Two <br />Hundred Ten Thousand Dollars); and <br />b. The Petitioner will convey to the Defendant clear title to the real property <br />known as the remainder parcel from Parcel 111, the legal description of which <br />is shown on exhibit B to this Agreement; and <br />c. The Petitioner will pay the Defendant $54,450.00 (Fifty Four Thousand Four <br />Hundred Fifty Dollars) in attorney's fees, including any non -monetary claims <br />for fees; and <br />d. The Petitioner will pay Defendant $20,000.00 (Twenty Thousand Dollars) in <br />reimbursement for Defendant costs. <br />