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Recital 6 . Calpine, the County and the District recognize that the stormwater park proposed <br /> in the Master Plan can be the source of cooling water for BHEC and that Calpine can be a <br /> contributing partner in the County' s stormwater management efforts . <br /> NOW, THEREFORE , in consideration of the mutual promises and agreements set forth <br /> herein and other valuable consideration given one party to the other, the County, the District and <br /> Calpine hereby agree as follows : <br /> 1 . Incorporation of Recitals : The foregoing recitals are incorporated as if fully <br /> restated in this Agreement. <br /> 2 , Regional Stormwater Park : <br /> a. The County, the District and Calpine will identify a parcel(s) of <br /> land up to 160 acres available and desirable for a regional stormwater park within the area shown <br /> on Exhibit "A", Stormwater Park Location, to function as a water management facility pursuant <br /> to the Master Plan. <br /> b . Within 60 days of execution of this Agreement, Calpine, through a <br /> wholly owned subsidiary, or the County under express written authority from Calpine, will enter into <br /> an Option Contract(s) with the owner or owners of the property identified as desirable for the <br /> regional stormwater park under Paragraph 2 . a, with Calpine ' s subsidiary being the purchaser at a <br /> price not to exceed fair market value . Fair market value shall be determined by an appraisal to be <br /> 3 <br /> 8 .5 .04 Water Agreement <br />