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AGREEMENT TO PURCHASE AND SELL REAL ESTATE BETWEEN INDIAN RIVER COUNTY AND CATHERINE C. DETKO THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 16 day of March , 2021, by and between Indian River County, a political subdivision of the State of Florida ("the County"), and Catherine C. Detko ("the Seller) who agree as follows: WHEREAS, Seller owns property located at 7205 8th Street, Vero Beach, Florida 32968. 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 property fora future stormwater treatment facility and drainage purposes; and WHEREAS in order to proceed with future stormwater and drainage plans, the County needs to purchase the property along 8th Street; and WHEREAS, the Seller contacted the County to purchase the parcel of approximately 38.35 acres of property as depicted on Exhibit "A", and WHEREAS, the Parties agree this is an arm's length transaction between the Seller and the County, without 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 7205 8th Street, Vero Beach, Florida 32968 and more specifically described in the legal description attached as Exhibit "A", fee simple, containing approximately 38.35 acres, all improvements thereon, together with all easements, 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 $958,750.00 (Nine Hundred Fifty Eight Thousand Seven Hundred Fifty 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 County Commissioners at a formal meeting of such Board or by the County Administrator pursuant to his delegated authority. 3. Title. Seller shall convey marketable title to the Property by warranty deed free of claims, liens, easements and encumbrances of record or known to Seller; but subject to