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ab <br />Y <br />6 -9 9 <br />9q a <br />INTERLOCAL AGREEMENT <br />between <br />INDIAN RIVER COUNTY, FLORIDA <br />and <br />CITY OF SEBASTIAN, FLORIDA <br />This Interlocal Agreement, entered into this 2 fit h day nct-anar , 1999, by <br />and between INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the state <br />of Florida, hereinafter referred to as COUNTY, and the CITY OF SEBASTIAN, <br />FLORIDA, a municipal corporation of the State of Florida, hereinafter referred to as <br />CITY, for the purpose of cost sharing in the paving of Vocelle Avenue, provides: <br />WITNESSETH: <br />WHEREAS, the COUNTY and CITY agree that the COUNTY was issued a <br />permit to install underground utilities in the CITY Right of Way for Phase 2B Water <br />Main Expansion; and <br />WHEREAS, the COUNTY accepts responsibility to restore the right-of-way in <br />accordance with the conditions of the permit; and <br />WHEREAS, the CITY and COUNTY would benefit to cost share the paving <br />restoration of Vocelle Ave; and <br />WHEREAS, an undertaking of this nature is in keeping with the "Florida <br />Interlocal Cooperation Act of 1969" as set forth in Florida Statutes Chapter 163; <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, <br />covenants and premises hereinafter set forth and pursuant to the statutory authority <br />contained in F. S. Chapter 163, the COUNTY and CITY agree as follows: <br />i1. The COUNTY agrees to pay to the CITY 60% of the resurfacing costs of Vocelle <br />Avenue estimated at $9,000. <br />2. Within forty five (45) days of invoice by CITY, the COUNTY agrees to reimburse <br />the CITY 60% of the contractor's bid price for resurfacing said street. <br />