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Indian River County Hospital District and Indian River County <br />Right -of -Way Dedication Agreement <br />This Right -of -Way Dedication Agreement (hereinafter "Agreement') is made and <br />entered into this 6th day of October , 2020, by and between Indian River County <br />Hospital District, an Independent Special District of the State of Florida, County of <br />Indian River (hereinafter "Hospital District'), and Indian River County, Florida, a political <br />subdivision of the State of Florida (hereinafter "County"). <br />Recitals <br />WHEREAS, the Hospital District was established in 1961 by a special act of the <br />Florida Legislature; and <br />WHEREAS, the primary purpose of the Hospital District is to provide funding to <br />healthcare facilities in Indian River County for the benefit of the public, along with <br />indigent residents of Indian River County; and <br />WHEREAS, the Board of County Commissioners of Indian River County has <br />adopted and updated the Capital Improvement Element to its Comprehensive Plan to <br />include funding for a specific project tentatively called the Aviation Boulevard <br />Extension/11 th Drive (hereinafter "11 th Drive") as an extension between US 1 and 41 st <br />Street as part of the alternative to widening 37th Street; and <br />WHEREAS, the proposed 11th Drive goes through Hospital District property; and <br />WHEREAS, the Hospital District also owns 36th Street, which is a private road <br />not maintained by the County; and <br />WHEREAS, the County is willing to accept ownership and maintenance <br />responsibility of 36th Street in exchange the Hospital District conveying the land needed <br />by the County for 11th Drive, <br />NOW, THEREFORE, for and in consideration of the mutual covenants contained <br />herein and other good and valuable consideration, Hospital District and the County <br />hereby agree as follows: <br />Section 1. The foregoing recitals are true and incorporated as if fully restated herein. <br />Section 2. Hospital District shall convey fee simple title with no encumbrances to 36th <br />Street and to that property needed for 11 th Drive, which property is more particularly <br />described in Exhibit "A" by December 1, 2020. <br />Section 3. After the Hospital District conveys to County that portion of 11th Drive in the <br />time frame set forth above, County shall accept ownership and maintenance <br />responsibility of 36th Street as a public right-of-way. The County acceptance includes <br />the drainage infrastructure located within the right-of-way, however, the ultimate <br />Page 1 of 3 <br />