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6.27.1983 McDonald, Thomas S - water tower 1 AGREEMENT THIS AGREEMENT, made and entered into this ' day of June, 1983, by and between CITY OF SANFORD, FLORIDA, a municipal corporation, hereinafter called "City ", and THOMAS S. McDONALD AS TRUSTEE, hereinafter called "Owner ", W I T N E S S F. T H: WHEREAS, Owner holds title to the following described property in Seminole County, Florida, to -wit: The South 1/2 of the Southeast 1/4 of Section 7, Township 20 South, Range 31 East; and WHEREAS, City desires to locate an elevated water storage tank upon property of Owner and described as follows, to -wit: The Easterly 100 feet of the Westerly 1,320 feet of the Northerly 100 feet of the Southwest 1/4 of the Southeast 1/4 of Section 7, Township 20 South, Range 31 East, Seminole County, Florida; and WHEREAS, Owner desires to have a minimum eight inch water line and a minimum six inch sewer force main extended to Owner's property so that the same can be serviced by City's municipal water and sewer system and has requested City to enter into an appropriate agreement to provide the same; NOW, THEREFORE, in consideration of the premises, the covenants and conditions hereinafter contained, the parties agree as follows: 1. Owner herewith submits to City, and City accepts from Owner, a deed to the above- described site for said elevated storage tank. 2. As partial consideration for said deed, City covenants to construct, at City's expense, an eight inch or larger water line from the existing City line easterly to said elevated storage tank. The cost of extending said line shall he borne by City. Initially said line shall be extended so that it will service the following described property, to -wit: The West 871.2 feet of the North 625 feet of the South 1/2 of the Southeast 1/4 of Section 7, Township 20 South, Range 31 East. Said line will be so located as to permit a tap for the purposes of serving a sixty -four thousand square foot manufacturing plant to be constructed by Invacare Corporation or its assigns. The usual tap and connection fee will be paid by Invacare Corporation and /or its assigns at the time of tap. Construction of said line will commence as soon as appropriate permits are received and in any event will be completed not more than one hundred twenty days from June 17, 1983. 3. In addition to the aforesaid water line construction, City covenants that it will extend a six inch sewer force main to service the last above - described property for a cost of $ �� /4- which will be paid by Owner and delivered to City immediately upon title passing to Invacare Corporation and /or its assigns. City represents that said line will be capable of servicing in excess of two hundred fifty people and that construction will commence upon receipt of appropriate permits and in any event will be completed within one hundred twenty days from June 17, 1983. City acknowledges that Owner has signed a contract for the purchase of the last above - described property by Invacare Corpora- tion and /or assigns and that this contract covering the above described extensions of water and sewer lines is a condition precedent to the closing of said purchase contract and that the representation of the City is material to the acquisition of said property by Invacare and the construction thereon of the above described manufacturing plant. - 2 - IN WITNESS WHEREOF, the parties have hereunto set their hands and seals as of the day and year first above written. Wi ne s: CITY / ANFORD, FLORIDA L By ' w 4,, Lee P. Moore, Mayor A ttes As to City (- Tamm, ,r., t Clerk CITY Thomas S. McDonald as Trustee OWNER As to Owner - 3 -