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AGREEMENT TO PURCHASE AND SELL REAL ESTATE BETWEEN INDIAN RIVER COUNTY AND INDIAN RIVER SURGERY PROPERTIES, LLC THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 10th day of september2019, by and between Indian River County, a political subdivision of the State of Florida ("the County"), and Indian River Surgery Properties, LLC, a Florida limited liability company ("the Seller") who agree as follows: WHEREAS, Seller owns property located at 1200 37th Street, Vero Beach, FL 32960. A legal description of the property is attached to this agreement as Exhibit "A" and incorporated by reference herein; and WHEREAS, the County is purchasing the former medical office building for right- of-way and a future stormwater treatment system; and WHEREAS, the County contacted the Seller to purchase the property of approximately 95,700 +/- square feet or 2.20 +/- acres of property as depicted on Exhibit "A", and after negotiations with the County, the Seller has agreed to sell the property to the County; and WHEREAS, the Parties agree this is an arm's length transaction between the Seller and the County, without the threat of eminent domain. NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, covenants and premises hereinafter, the COUNTY and SELLER agree as follows: 1. Recitals. The above recitals are affirmed as being true and correct and are incorporated herein. 2. 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 that certain parcel of real property located at 1200 37th Street, Vero Beach, Florida 32960 and more specifically described in the legal description attached as Exhibit "A", fee simple, containing approximately 2.20 acres, all improvements thereon, together with all easements, leases rights and uses now or hereafter belonging thereto (collectively, the "Property"). 2.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the Property shall be $1,550,000.00 (One Million Five Hundred and Fifty Thousand and 00/100 Dollars). 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, either by approval by the Indian River County Board of Page 11