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Firefox https://ori.indian-river.org///DOCLI lent/GetDocumentForPrintPNG/?req... HN: 35SKl PG: 5114 O); "Wa:dewaler' means the spent water of the comms nity aampinising 'ite ligcid and waien- aarnied wastes ilrom nesiceritial uses, commeraial uses, industrial uses, and ins'liiLlianal Lses, logeiter with miriorgLan'liiies of ground and surface waiens ttal are not admifled in-leniionall). ARTICLB II AN N BXATION E ection ,'11. Retition ilo Arinex. 11a; The Owner t as voluntarily SL t mitllec to the Ciiy a formal and nevised Pei ition or regL est ilon Annexation of the Real Property. This Agneement memorializes ire e)isting Peiitiari to Arine) t tte Owner and constitutes a Retilian io Annex the Real Rropery. The Cwrien warranis tial -Ite Retition hasi teien e)eiacted by all of the exisiincl fee simple title owners of neaond of tte r1cidionlIsj all iter Real Rroperty 10 be annexed and has been filed wiilt tte City in compliance wish any and all appliaatle reqLinements of law, including, bit rias limited 'a, Ctapler 111, Flanica Slatutes. 1lt) This sub-seciiari ail the Agreemarl represents aric includes findings by ilei Owner and the City that: (1 A sutstanlial portiari of the boundary) of the Real Rnorleirt) is sctstanlially contiguous to the City's aarflonete bocndary. "Contiguous" is defined as set ilortt in :eciiori 171.031, Florida Sl atu-1 es; (2; The Owner, for itself and the Ce%elaper of sant sLbcivi:iion or Paroal of the Reid Praperty, ail its sole e) pence, inleric a to provide adequate Rublia Faaililies fan ite Real Rraperty; and (3; The Real Rnorleirtj is ideally sL iiec for annexation into the CIily c L e to its proximity to 'Ite Cit} and adjacent tran:ipartation aarnidans and Publia Faaililies; aric (4; The annexalian will yield sutstanlial teriefltsi to the Ownen, the Cily, and ia'ite Real Rraperty in the form of planned Mixed -Use ❑e%elapmerii, ari increased tax tase is the City, ConseNialian of natL ral hat fiats, Open E Klaae, aric inaneased employ merit apportL riiiies. (c The Annexation pe'iiian to annex a Florian of the Reil Rroperly may be withdrawn b} Ite Owneir ail that portion of the Real Rropery al ariy time piniar io final appina%al of ita annexatiori orcinari(Iei per ainind to it ai portion of the Real Rroperly. If the petition is withdrawn, it is Agneement is t ereby ienminalec as to itai portion of the Real Property, and the paries tereia shall not be bolnd b) this Agreement wilt reganc io itsi application is that Flartion of the Real Rropert}. Howeven, ria application feesi on other type of fee ar atarge paid to the Clily ar any othen ga\ernmerral entity, or otligated to be paic to ite City on atteir governmental erdity shall be nefuric ed, and the Cliiy shall to releasee farm arry Hat ility far ltei release of Ite abligaiian ar refLnd of the fee on ctarge by 'Ite Owner. This provision shall survive the lenminalion ail Itis Ag raem eni . Section 2.2. Clonsideraticn of Petition. llte City shall tape the full aric aomplete right io deiny annexal ian, defer anne)ation, ar apirpove annexation of the Rnopert} on any partiari thereof. By e)e(Iction heneof, the Cwnen underalands and agrees tha!I tte City makes ria represeniaiiari as to ite suitability on legal appraprialeriess of the Real Rropery far aririe)aiiori on'Itai the City will armex the Praperty al arry time ar tased c pon arry spe(iifla aaric iiians, a) sept as of t emiise :iel Horth t emeiri. Election 2.3. Cooparaticn. The Cwrien agneeis to cooperates in ite praaess of annexing the Real Rroperty, baseic an ariy time schedule, as may be requined by ite City in its sole and absolute discretion, sLbjeci to ite provisions of this Agneement. Aririe)aiian of any part or partion of the Properly stall nol nelie\ei the Cwrien Sat sslieri/Anne)ation 18.Ac11 Rind CLEAN 02,108d2023 0 45 of 60 2/17/2023, 4:34 PM