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<br />ANN EXAT IC N AGRI313MENI
<br />FCR
<br />GRAVEST BROTHERS CCMPANY
<br />THIS AGREEMBNTI is mace and entered irdo chis cay 8 of FetruarY 2023, by
<br />Gra%es Brothers Corrpany, a Florida Conplaraiian, whose address is 277(1 Inc ian River Blvd., Shite 201, Veno
<br />Beach, Fl- 32960-423(1; and the City of Sletasiian, a Flonica Muniaipal Corporation (hereinafller: the "Clity"),
<br />whose addrerss is 1225 Main Sltreet, Sebastian, Flonic a :12958.
<br />RECIITALSI:
<br />WHEREAS, the City of Sebastian, a Florida Municipal Corporation, is specifically authorized FhrsLani
<br />to Section 17'1.044, Flonic a SltatL teas (2022;, to annex land Lpon the petition of the property owner; aric
<br />WHEREAS, Graves Brothers Corr parry, a Florida Conplaratiari, has petitioned the City for volt ntaryl
<br />anne)atiori of the Real Rrorlerly; aric
<br />WHEREAS, Graves Broi r ers Corr pany, a Flonic a ConFlarai ion, hereby afflirrr s tl- at It a Real Rroperi y
<br />rrerets all requirem erii s for annexation rIcrscant to 11 he aforesaid Section 171.044, Flonica Statutes 112022) and
<br />as cdterwise sed fort 1- iri Florica law and the City's Clodes and Crcinariaes, fon the %oluntary annexation of real
<br />property; and
<br />WHEREAS, Gla%E13 Bnothens Compariy, a Flonica Corponation, aric ife City desine to set farlh certain
<br />understandings wish regand to the pinorlosed tse of ire Real Rraperiy upon arinexation, and based tFereon, the
<br />paries 1-aredo desine to eriiar into itis Anne)atiari Agreemerii; and
<br />WHEREAS, Ite City fLdhen enders into chis Agreermerrii KµrRant to its CI-arlen and home nLle powers
<br />pursuant to Article VIII, Election 2, Florida ConstiiLtiari oil 1968 and Section 166.021, Flonica SltalLies; and
<br />WHEREAS, Graves Braiters Compariy, a Florida Conplaraiian, leigally iriaarporated by the Slearetaryl all
<br />State, Stater all Florida, whish aarporate ataren aric stancing with the Slate of Florida is cunrent active, and in
<br />good slaric ing, as a Flarida llar-prcdit aarporation; aric
<br />WHEREAS, Gna%Els Bnathers Company, a Florida Corponation, is authorized by Charlien E107, Florida
<br />Sltatuies, and its charer, ariales cd incorponation, and by-laws to execute chis Agreemerit; aric
<br />W H EREAS, Graves Broil- errs Clarr flany, a Flonic a Corponation, by execution cd this Agreement hereby
<br />afflirrrs, warrants to, and affirms il•Er Clity iFai it 1 -as taken all requisite corponate action io aprina�e the execution
<br />a111-isAgreement; aric
<br />WHEREAS, at the tirra all execution of i l' is L ri-arrended, base docrumerit Agreement, Graves Bnothens
<br />Company, a Florida Corponatiori, was and is the legal Cwrier of certain Heal Rnoperly (the "Real Rrapery")
<br />lacatec in Indian Riper Cot rity, Flonic a, whi& Real Rrorlerly is the st bject matter of this Agreement; and
<br />WHEREAS, Gra%Els Brolfers Company, a Florida Conrlarzdiarl, henety afilirms, warnards to, and
<br />assunes the City that it has legal marketable title in fee sirrple to ire Real Rroperty has lawful authority to
<br />petition for the voluntary annexation of the property set ilorth herein aric desirersr to annex iter Real Rnorleriy into
<br />the rr L rlicipal t CIL ndaniers of the City; and
<br />WHEREAS, saic Real Property constitutes 2,044.3 +/- annexed acres of properly within the SloLthwest
<br />anea of tl-er City of Elerbastian wl-ich is neasariably crompaut aric contiguous io the rrLriicipal bot,ricary of the
<br />City, aric will riot result in ire creation of enalaves; and
<br />Set aslian,Aninerxaliciri 1 FI.Agt Airial C LEAN (121MU20'1.1
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<br />39 of 60 2/17/2023, 4:34 PM
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