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HomeMy WebLinkAbout2020-150TERMINATION OF STREET LIGHTING AGREEMENT THIS TERMINATION OF STREET LIGHTING AGREEMENT ("Termination") is entered into as of the _1 day of j"ILi la , 2020 by and between Indian River County, a political subdivision of the State of Florida, bydaf� through its Board of County Commissioners, whose address is 180127 1h Street, Vero Beach, Florida, hereinafter referred to as "County", and c/o Shadow Brook Property Owners' Association, Inc., a Florida Not For Profit, f/n/a Shadow Brook Homeowner's Association, whose address is 5865 34' Lane, Vero Beach, FL 32966, hereinafter referred to as "Association": RECITALS WHEREAS, on January 23, 1989, Association executed a Street Lighting Agreement for the purpose of obtaining the necessary energy and street lighting systems from the City of Vero Beach for lighting described as follows: One (1) 9,500 lumen H.P.S.V. light. WHEREAS, FPL has taken over the City of Vero Beach electric utility; and WHEREAS, the parties wish to terminate the Street Lighting Agreement so that the Association can directly contract such services with FPL, NOW THEREFORE, in consideration of the mutual undertakings herein stated and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree, as follows: 1. Recitals. The above recitals are true and correct and are incorporated herein. 2. Termination of Street Lighting AEreement. The Street Lighting Agreement shall terminate on September 30, 2020. IN WITNESS WHEREOF, the parties have caused this agreement to be duly executed at Vero Beach on the date set forth above. Shadow Brook Property Owners' Association, Inc. By: N Title: -rte E� S t) f_ E-rL ATTEST: Jeffrey R. Smith, Clerk of Courts a d Comptroller By: eputy Clerk INDIAN RIVER COUNTY, Adams., Chairman of County Commissioner Dylan Reingold, County Attorney Page 1 of 1 S APPROVED AS TO FORM: .��C 0 ht M/Ss •., ; `9�R��FR COUYCI� �`'o�••