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1992-04 -~ '~ 8 8 STIPULATION AGREEMENT This Stipulation Agreement (the IIAgreementll) is. made by and between Lake Hills Utilities, Inc., a Florida corporation, whose mailing address is P. O. Box 915389, Longwood, Florida 32791 (IILake Hillsll) and the City of Clermont, whose mailing address is P. O. Box 120219, Clermont, Florida 34712-0219 (the IICity"). WITNESSETH: WHEREAS, Lake Hills is in the business of providing water utility service in Lake County, Florida; and WHEREAS, Lake Hills submitted an application to the Florida Public Service Commission to expand its service area pursuant to that certain application for amendment of certificate no. 512-W (the" Application,lI ): and WHEREAS, the Application was docketed by the Florida Public Service Commission on November 18, 1991 under docket no. 911139- WU: and WHEREAS, by letter dated December 17, 1~91, the City notified the Florida Public Service Commission of its objection to the Application: and WHEREAS, the City has agreed to withdraw its objection to the Application if Lake Hills agrees to amend the Application, and Lake Hills agrees to amend the Application if the City agrees to withdraw its objection to the Application; and WHEREAS, the purpose of this Agreement is to set forth the terms under which the City shall withdraw its objection to the Application and Lake Hills shall modify the Application. NOW, THEREFORE, for and in consideration of the sum of TEN DOLLARS ($10.00) in hand paid by each party hereto to the other, and other good and valuable consideration not set forth herein but the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 1. Lake Hills sh~ll amend the Application to expand its service area only to that certain property described on Exhibit "A" attached hereto. < . ~ Section 28, All the All the All the All the Section 33, All the All the All the All the 39-I62/A/TTA 8 8 EXHIBIT RAR GREATER PINES Township 22 South, Range 26 East, Lake County, Fl. South 1/2 of the Northeast 1/4 of the Southeast 1/4. Southeast 1/4 of the Southeast 1/4. South 1/2 of the Southwest 1/4 of the Southeast 1/4. South 1/4 of the Southwest 1/4 less the West 1100'. Township 22 South, Range 26 East, Lake County, Fl. Northeast 1/4. Northeast 1/4 of Northeast 1/4 of Northeast 1/4 of the Northwest 1/4. the Northwest 1/4 of the Northwest 1/4. the Southeast 1/4 of the Northwest 1/4. . -.." '. . . 8 8 2. By virtue of its execution of this Agreement, the City agrees that its objection to the Application shall be automatically withdrawn for all purposes without any further notice or confirmation of such withdrawal at such time as Lake Hills files with the Florida Public Service Commission an amendment to the Application to limit expansion of its service area to that certain property described on Exhibit" A" attached hereto. Notwithstanding the foregoing, upon request by Lake Hills, the City shall execute such reasonable notice or confirmation as may be required by the Florida Public Service Commission to evidence the City's withdrawal of its objection to the Application. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in a manner and form sufficient to bind them as of the dates set forth below. Signed, sealed and delivered in the presence of: f)~ '7» 9¥~ Name: J<::>I9r/ /F) #/T/ý..s.trrV' LAKE HILLS UTILITIES., INC.., :y~;¿a CO~~~ Leste~ndell, President ~~K~ Date: ~Cft l~rZ- (Corporate Seal) Name: ~~~ 1<'. /1;f~ K.e!-N tA r "LAKE HILLS" Na~r; THE CITY OF CLERMONT By:~[-j;.czÁ ,... ~ Name: Robert A. Pool ~~ Yìu. ~ Name: Julie M. Brandt Ti tle: Mayor Date: March 10,1992 "CITY" 39-xOO1/A/TTA 2 (Rev. 3/6/92)