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ORIGINAL4Aa C ,y AGREEMENT TO PURCHASE , SELL , AND LEASE REAL ESTATE BETWEEN INDIAN RIVER COUNTY AND ARTHUR LEE JONES THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ( "Agreement" ) is made and entered into as of the 5th day of May , 2009 , by and between Indian River County , a political subdivision of the State of Florida ("the County" ) , and Arthur Lee Jones , (" Seller" ) , who agree as follows : WHEREAS , Arthur Lee Jones owns property located at 6200 85th Street , Sebastian , Florida . A sketch and legal description of the property is attached to this agreement as Exhibit "A" and incorporated by reference herein ; and WHEREAS , the County , is scheduled to expand CR510 in the future and the road expansion will impact and affect the Jones property ; and WHEREAS , in order for the County to proceed with its road expansion plans , the County needs to purchase property to be used as right-of-way from landowners adjacent to CR510 ; and WHEREAS , the County has contacted Arthur Lee Jones and has offered to purchase approximately 3720 square feet of property for a purchase price of $ 9 , 839 . 40 to be used as right-of-way as depicted on Exhibit "A" (the Property) ; and WHEREAS , the County is prepared to take the Property by using its power of eminent domain ; and WHEREAS , Arthur Lee Jones and the County wish to avoid the risk , time and expense of litigation by entering into this agreement for sale and purchase of the Property ; NOW , THEREFORE , in consideration of the mutual terms , conditions , promises , covenants and premises hereinafter, the COUNTY and SELLER agree as follows : 1 . Recitals . The above recitals are affirmed as being true and correct and are incorporated herein 2 . Agreement to Purchase and Sell . The Seller hereby agrees to sell to the County , and the County hereby agrees to purchase from Seller , upon the terms and conditions set forth in 1