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AGREEMENT TO PURCHASE AND SELL REAL ESTATE THIS AGREEMENT is entered into as of the/7 day of December, 2021, by and between Indian River County, a political subdivision of the State of Florida, whose address is 1801 27th Street, Vero Beach, FL 32960 ("County"), and Christine L. Ford, whose address is 7825 66th Avenue, Vero Beach, FL 32967 ("Ford"). WHEREAS, Ford owns a 7.35 -acre parcel of improved land located at 7825 66th Avenue, Vero Beach, FL 32967 on the west side of 6611 Avenue and north of 77th Street as depicted on the aerial photo attached as Exhibit "A"; and WHEREAS, the parcel is zoned A-1, Agricultural, up to one residential unit per five acres and lies outside of the Urban Services Boundary; and WHEREAS, County is undertaking a road expansion project consisting of the widening of 66th Avenue north of 69th Street to County Road 510, for which County needs a 1.76 -acre parcel of property (Property) at the eastern edge of the parcel to be used as right-of-way; and WHEREAS, in order to avoid the uncertainty of trial and the costs of litigation, the Parties have agreed to purchase and sell the above parcel of Property to be used for the second phase of the 66th Avenue Improvement Project. NOW THEREFORE, in consideration of the mutual undertakings herein, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree, as follows: Recitals. The above recitals are true and correct and are incorporated herein. 1. Agreement to Purchase and Sell. Ford hereby agrees to sell to the County, and the County hereby agrees to purchase from Ford, upon the terms and conditions set forth in this Agreement, the 1.76 -acre parcel of real property and more specifically described in Exhibit "B" attached and incorporated by reference herein. 2. Purchase Price; Effective Date. The purchase price (the "Purchase Price") for the Property shall be SEVEN HUNDRED FIFTY-FIVE THOUSAND SEVEN HUNDRED DOLLARS ($755,700.00). 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, by the Indian River County Board of County Commissioners at a formal meeting of such Board. 3. Title to the Property. Ford shall convey marketable title to the Property by warranty deed free of claims, liens, easements and encumbrances of record or known to Ford; but subject to property taxes for the year of Closing and subject to covenants, restrictions and public utility easements of record provided (a) there exists at Closing no violation of any