174-Mid Florida Investment CompanyAGREEMENT
THIS AGREEMENT, Made and entered into this_3a
day of June , A. D. 1959, by and between CITY OF SANFORD,
FLORIDA, a municipal corporation, party of the first part, and MID -FLORIDA
INVESTMENT COMPANY, a corporation, hereinafter called party of the
second part,
WITNESSETH:
WHEREAS, party of the second part is the owner of and in
the process of development of Fairlane Estates, according to the public
records of Seminole County, Florida, the same to be developed for
housing; and
WHEREAS, it is necessary for party of the second part to
make adequate provisions for a water system and sewer system for said
area; and
WHEREAS, party of the second part has requested party of
the first part to allow party of the second part to connect its sewage col-
lection system to the systema presently owned and maintained by the City
of Sanford; and
WHEREAS, the City of Sanford deems that it is in the best
interest of said City to allow said connection, so long as the conditions
and requirements hereinafter mentioned are met; and
WHEREAS, the parties hereto feel it is to their mutual ad-
vantage to state the agreement and understanding with reference to the
above in writing,
NOW, THEREFORE, For and in consideration of the premises,
as well as the mutual covenants, agreements, benefits and advantages
hereinafter contained the parties agree as follows:
1. Party of the second part agrees to construct, or have
constructed, a water system in the area known as Fairlane Estates,
serving all houses constructed and sold in said area, and agrees that the
same will be adequately and effectively operated and maintained.
2. Party of the first part agrees to allow party of the second
part to conn Dct it's sewer collection system to the system presently owned
and maintained by party of the first part, provided the following conditions
are met:
(a) All sewage collection system construction shall be at the
expense of party of the second part, and shall be according
to plans and specifications approved by the State Board of
Health and the City of Sanford, and after specific consent
of the State Board of Health to allow such system to be con-
nected to the system of party of the first part.
(b) Said system, if approved, constructed and connected, shall
be maintained and operated by party of the second part until
fifty (50) house customer connections are on said system, and
until such time shall pay to party of the first part the sum of
Fifty Cents (50¢) per month per house customer, and during
said period said system shall be maintained by party of the
second part to the satisfaction of party of the first part.
(c) After fifty (50) house customer connections have been ob-
tained and connected to said system, title to said system shall
pass to party of the first part, and party of the first part will
then assume maintenance and operation of said system, and
will be paid therefor the sura of Two and 84/100 Dollars ($2. 84)
per month per house customer connection, or such other sum
2
as shall be established generally for sewage
service outside of the corporate limits of party
of the first part, and all said sums shall be
collected by party of the second part through
and under their water system billing operation.
Party of the second part specifically agrees that
said water system will be constructed and will
be in operation prior to said sewage collection
system being connected to the present system of
party of the first part, and that when said water
system is connected, an agreement suitable for
recording will be entered into wherein the obli-
gation to collect and pay said sewer service charges
to party of the first part will always be binding upon
the owner of said water system, said agreement
being a condition and covenant running with said
ownership.
(d) In the event any of the aforesaid charges are not
made within twenty (20) days next succeeding the
date the same become due, then party of the first
part reserves the right to sever said sewer system
from its presently owned system and to cease service.
IT IS MUTUALLY UNDERSTOOD that all the above mentioned
is conditioned upon all sewer construction and location costs and connection
costs being borne by party of the second part, and all construction being
approved by party of the first part.
IN WITNESS WHEREOF, the parties hereto have caused
these presents to be executed and their corporate seals affixed by their
3
duly authorized officers the day and year first above written.
Signed, Sealed and Delivered
in Presence of:
A� to Party of the First Part
CITY OF SANFORD, LORIDA
By (/l.�
Mayor
Attest ,
Clerk
Party of the Firs Part
As to Part of the Second Part
2
Party of the Second Part
PANY