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ROSELAND ROAD SEWER EXPANSION COST SHARE AGREEMENT This Roseland Road Sewer Expansion Cost Share Agreement (hereinafter "Agreement") is made and entered into on the day of , 2021 by and between: Indian River County, Florida, a political subdivision of the State of Florida ("County"), whose address is 1801 27th Street, Vero Beach, FL, 32960 and the City of Sebastian, a municipality ("City"), whose address is 1225 Main Street, Sebastian, Florida, 32958. Recitals WHEREAS, the City has received a Fiscal Year 20-21 cost share grant from the St. Johns River Water Management District to assist in the funding of the Roseland Road Sewer Expansion project, which will allow for the abandonment of septic tanks that are in close proximity to the Saint Sebastian River which empties into the Indian River Lagoon; and WHEREAS, as part of the Roseland Road Sewer Expansion Project, County and City will only share in the costs of constructing a 6" diameter sanitary sewer force main from the intersection of Roseland Road and Corporate Park Drive approximately 2,215 linear feet north to the intersection of Roseland Road and Sunset Drive, as depicted on Attachment "A", that will allow the Donald MacDonald Campground; City Public Works Compound and various City airport properties to connect to the centralized sewer system. NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the County and City hereby agree as follows: 1. The foregoing recitals are true and incorporated as if fully restated herein. 2.. Cost of sanitary force main system along Roseland Road. The estimated cost of the construction of the sanitary sewer force main system is $87,896.19. The County will pay $58,597.52 (2/3 this cost) and the City will pay $31,485.97 which includes the cost estimates of the project ($29,298.67), See Attachment B, and the City's share of the construction bond split 2/3 County to 1/3 City .($2,187.30). 3. Installation of Force Main. Within 30 days of County providing notice to the City that it is ready to construct the sanitary sewer collection and transmission system for Donald MacDonald Campground, City shall pay County $31,485.97. Once the City pays County $31,485.97 , the County will begin the construction of the 6" sanitary sewer force main along Roseland Road. 4. Finalization of the Costs for the System for Donald MacDonald Campground. Upon completion. of the sanitary sewer force main along Roseland Road, the County shall provide the City with the final (actual) cost for the sanitary sewer 57