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SECTION 3. <br />There is hereby granted by the County to the Owner, the exclusive <br />franchise, right and privilege to erect, construct, operate and maintain a <br />water and sewer system within the prescribed territory as herein provided <br />and for these purposes to sell water and sewerage collection and treatment <br />services within the territory and for these purposes to establish the neces- <br />sary facRid.es and equipment and to lay and maintain the necessary lines, <br />pipes, mains and other appurtenances necessary therefor in, along, under <br />and across the public alleys, streets, roads, highways and other public <br />places of the County; provided, however, that the County reserves the right <br />to permit the use of such public places for any and all other lawful purposes <br />and subject always to the paramount right of the public in and to such public <br />places. <br />SECTION 4. <br />The territory in which this franchise shall be applicable is all that part <br />of. Indian River County, Florida, located within the following described boundary <br />lines, to -wit: <br />All of Tract 3, and North 20 Acres of Tract 6, <br />Section 26, Township 33 South, Range 39 East. <br />SECTION 5. <br />The Owner shall at all times during the life of this franchise be subject <br />to all lawful exercise of the police power and regulatory authority of the <br />County and to such regulation as the County shall hereafter by resolution or <br />ordinance provide. <br />SECTION 6. <br />It is expressly understood and agreed by and between the Owner and <br />The County that the Owner shall save the County and members of the Board <br />harmless from any loss sustained by the County on account of any suit, judg- <br />ment, execution, claim or demand whatsoever resulting from negligences on <br />the part of the Owner in the construction, operation or maintenance under <br />the terms of this franchise. The parties agree that in the construction of <br />- 2 - <br />