Loading...
1994-31 " 8 . WHOLESALE AGREEMENT THIS AGREEMENT entered into this ~ day of ~ ' 1994 and between THE CITY OF CLERMONT, FLORIDA, a municipal by subdivision of the State of Florida (herein referred to as the "City") and LAKE HILLS UTILITIES, INC. , a Florida corporation (herein referred to as the "Utility"); WITNESSETH: WHEREAS, the City is in the business of providing potable water and wastewater service to residential users in the City of Clermont and Lake County, Florida; and WHEREAS, the Utility is in the business of providing potable water service to residential users in Lake County, Florida; and WHEREAS, the Utility has a sixteen inch (l6") potable water distribution main in Hancock Road in Lake County, Florida (the "Utility's Main") which runs from Highway 50 south along Hancock Road to the Greater Pines subdivision; and WHEREAS, the City desires to provide water and wastewater service to approximately three hundred and twenty-five (325) residential dwellings and two (2 ) commercial parcels to be constructed on two (2) tracts of presently vacant property, both of which are adjacent to the portion of Hancock Road where Utility's Main is located, more particularly described in Exhibit "A" attached hereto (the "Knapp Property"); and WHEREAS, the Utility has filed a petition with the Florida Public Service Commission (the IIFPSCII) asking to have the Knapp Property included in its Certificated Area so that it could provide water service to the Knapp Property (the "petitionll); and 8 8 WHEREAS, the City has filed an objection to the Petition with the FPSC stating that the City should provide water service to the Knapp Property; and WHEREAS, the parties hereto have reached an agreement whereby the Utility will withdraw its Petition to provide water service to the Knapp Property and will agree to sell water for the Knapp Property to the City on a wholesale basis, and the City will agree to purchase the water to be so provided from the Utility on a wholesale basis; and WHEREAS, the City will agree with the owners of the Knapp Property to provide it with residential water and wastewater service; and WHEREAS, this Agreement contains the terms and conditions of the agreement between the City and the Utility. NOW THEREFORE, in consideration of the premises hereof and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. The developer of the Knapp Property (the "Developer" ) shall design, construct and install an on-site water distribution system, including connection of the main, on the Knapp Property at no cost to the City which has been designed to the City's standards and good engineering standards which meet the prior approval of both the City and the Utility (the "On-Site System") . The Developer shall convey the On-Site System to the City at no cost to the City. The On-Site System shall include all water mains, 2 8 8 laterals, meters, fire hydrants and other equipment necessary to provide residential water service to the future residents of the Knapp Property and shall meet all applicable Municipal, County, State and Federal regulations for residential potable water distribution systems. The On-Site System may be design~d, constructed and installed 1n stages as the Knapp Property 1S developed. The On-site system and connection to the main shall be designed, constructed and installed at no cost or expense to the Utility or the City. 2. The City shall own, maintain and operate all of the On- Site System lying within the Knapp Property and that part thereof outside the Knapp Property necessary to connect the On-Site System to the Utility's Main. The City shall provide water service to the future residents of the Knapp Property, and such residents shall be the customers of the City. The City shall have the sole responsibility for all aspects of the service to such residents. The entire On-Site System shall at all times be maintained, operated and kept in a good state of repair by the City in a manner which shall meet all rules and regulations of all State and Federal governmental entities. 3. The On-Site System shall be connected to the Utility's Main at such point(s) in the right-of-way of Hancock Road adjacent to the Knapp Property which are agreed to by the engineers of the City, the Utility and the Developer. The Utility shall provide potable water to the City for the Knapp Property at the point(s) of said connections. 3 8 8 4. Neither the Utility nor the City shall have the right to make any connections to the water mains or facilities of the other until formal written application has been made to such other party in accordance with the terms of this Agreement and written approval for such connection has been granted. Notwithstanding the foregoing, the Utility agrees that it will allow the City to connect the On-Site System for the future development of the Adams property which is located north of the Knapp Property on the west side of Hancock Road, and the On-Site System serving those residences with EDB well contamination who are located south of the Knapp Property, to the Utility's Main under the same terms and conditions as contained in this Agreement. All transmission lines necessary to serve such properties and customers shall be installed at no cost to the Utility. 5. The Utility agrees that after connection of the On-Site System to the Utility's Main as provided herein, the Utility will continuously provide during the term of this Agreement, at its cost and expense, but in accordance with other provisions of this Agreement, a water supply to the City for the future residents of the above-described properties in a manner to conform with all reasonable requirements of appropriate City, Lake County, State and Federal agencies. The Utility water supply shall meet the fire flow requirements of the City and Lake County. After the connection is made to the Utility's Main in accordance with the terms of this Agreement, each party agrees to maintain its separate 4 8 8 water service facilities in a manner satisfactory to appropriate State and Federal agencies. 6. The Utility shall agree to a continuance of its petition to the FPSC to provide water service to the Knapp Property until the time that the City has a wastewater collection system in Hancock Road adjacent to the Knapp Property with capacity available to serve the three hundred and twenty-five (325) residential units and two (2) commercial parcels to be constructed on the Knapp Property at which time it shall withdraw its petition. In the event that the Developer has not begun to install the On-Site System, and in the event that the city has not installed such wastewater collection system, within nine (9) months from the date hereof, the Utility shall have the right to terminate this Agreement at any time until the time such installation has begun and such system is so installed, and upon such termination it shall have the right to renew and review its petition with the FPSC, and to contract directly with the owners of the Knapp Property for the provision of water service. 7. The City agrees to pay to the Utility for all water received by the City at the rate for each one thousand (l,OOO) gallons which is approved, from time to time, by the FPSC and which the Utility charges all of its customers. The current gallonage rate approved by the FPSC is ONE AND 13/100 DOLLARS ($1.13) for each one thousand (1,000) gallons. Additionally, the City agrees to pay a monthly base facility charge of NINE AND 11/100 DOLLARS ($9.11) for each residential connection until there are eighty (80) 5 8 8 residential connections. Thereafter, the City will pay a flat SEVEN HUNDRED TWENTY-EIGHT AND 80/100 DOLLARS ($728.50) monthly base facility charge, which is equivalent to the base facility charge the Utility would assess if the Property were served by an eight inch (811) master meter. The amount of water which shall be received and paid for by the City shall be the number of gallons which pass through and are measured by the individual meters which the City uses for each of its customers. 8. The initial rate for one thousand (l,OOO) gallons may be adjusted from time to time by the Utility. All such adjustments shall be to a rate which shall be uniform and equal for bulk users in the same classification as the City, and shall be approved by the FPSC. Adjusted rates when established by the Utility shall become effective sixty (60) days from the date of written notice given by the Utility to the City, and the City shall thereafter pay said charge as adjusted. 9. The City shall submit to the Utility monthly reports showing the volume of water flow in gallons recorded by the meters at each residential and commercial connection then existing on the Knapp Property. The monthly report will be due thirty (30) days after the City invoices their customers on the Knapp Property. The report will be accompanied with payment for the amount of water shown on the report. Upon failure of the City to pay within the thirty (30) day period, the Utility, upon three (3) days' written notice to the City, shall have the right to terminate service until all sums due the Utility have been paid. 6 8 8 10. The water to be supplied by the Utility under this Agreement is intended solely for the approximately three hundred and twenty-five (325) residential units and two (2 ) commercial parcels to be located on the Knapp Property. If the City shall request the Utility to provide water for any other property, project or subdivision on a wholesale basis, including the property described in Paragraph 4 hereof, the Utility shall provide such water on the basis provided in this Agreement; provided, that the Utility has the capacity to provide such water and has adequate water mains adjacent to the property, project or subdivision to be served, or such capacity is installed by the City or a developer, and provided the City shall cause the Utility to be paid a Contribution-in-Aid-of-Construction (a "Connection Fee") and the gross-up income tax thereon as approved by the FPSC. l1. The Utility shall have the right of access at all times to read, record, observe, inspect and check the accuracy of the metering facilities, if any, and the Utility is further given the right to inspect, at reasonable times, all books, records, and other information of whatsoever nature of the City relating to the water flow from the Utility's water system to the City. 12. The City shall be solely responsible for the collection of all the fees and charges it makes to each residential and commercial unit being served within the Knapp Property, and the failure to collect said service fees and charges shall not relieve the City from paying to the Utility the full monthly charge as set forth in this Agreement. 7 8 8 13. The City shall pay to the Utility a Connect ion Fee calculated as the capacity charge in the amount of FIVE HUNDRED FORTY AND NO/lOa DOLLARS ($540.00), plus a sum equal to the income tax gross-up of THREE HUNDRED TWENTY-FOUR AND NO/lOa DOLLARS ($324.00) thereon as approved by the FPSC for a total Connection Fee of EIGHT HUNDRED SIXTY-FOUR AND NO/lOa DOLLARS ($864.00) for each residential unit connected to the City's On-Site System served by the Utility's water system. This Connection Fee, by approval of the FPSC, may be adjusted, in which event the City agrees to pay the prevailing Connection Fee so approved by the FPSC for those residential units and commercial users connected on or after the effective date of the adjusted Connection Fee. The Connection Fee shall be paid by the City to the Utility prior to connection of each residential and commercial unit, and failure of the City to pay such fees shall entitle the Utility, after fifteen (l5) days' written notice to the City, to bring suit against the City for the collection of such fees. In the event that the Utility shall bring suit against the City for collection of any sums due under this Agreement, the prevailing party in such suit shall be entitled to collect therein all costs and attorneys' fees incurred by it in such suit, at both the trial and appellate levels, from the losing party. 14. The initial term of this Agreement shall be for one (1) year, beginning with the date that the Utility first supplies water to the City hereunder, and such term shall automatically be extended from year to year thereafter for successive one (1) year 8 8 8 terms. Notwithstanding the foregoing, the City may terminate this Agreement at any time, provided such terminating party gives the other written notice of termination hereof on or before six (6 ) months prior to the termination date stated in the notice of termination, in which event this Agreement shall end at the termination date. 15. Nothing contained herein shall prohibit, restrict or limit the Utility from providing water service to any other area to which the Utility could otherwise provide such service but for the existence of this Agreement, and provided further, that nothing contained herein shall limit or restrict the Utility in any manner from imposing any rate or charge to any of its water customers, other than for water service provided directly to the City as purchaser hereunder, or impose any other obligation on the Utility except as specifically provided herein. l6. This Agreement shall be binding upon and shall inure to the benefit of the City, the Utility and their respective assigns and corporate successors by merger, consolidation or conveyance. 17. All notices provided for herein shall be in writing or by telegram, and shall be mailed by registered or certified mail or delivered to the addresses shown below, which addresses may be changed by either party giving proper written notice to the other as provided herein. Utility: LAKE HILLS UTILITIES, INC. P. O. Box 915389 Longwood, Florida 32791 City: CITY OF CLERMONT, FLORIDA P. O. Box 120219 Clermont, Florida 34712-02l9 9 8 8 18. The rights, privileges, obligations and covenants of the City and the Utility shall survive the completion of the work of the parties hereto. The parties agree that in any instance where engineering plans are required to be prepared by any party for submission to and approval by the other party to this Agreement, such approval shall not be arbitrarily or unreasonably withheld. 19. This Agreement supersedes all previous agreements or representations, either verbal or written, heretofore in effect between the City and the Utility, made with respect to the matters herein contained, and when duly exercised constitutes the agreement between the City and the Utility. No additions, alterations or variations to the terms of this Agreement shall be valid, nor can provisions of this Agreement be waived by either party unless such additions, alterations, variations or waivers are expressly set forth in writing and duly signed. This Agreement shall be governed by the laws of the State of Florida, and it shall be and become effective immediately upon execution by both parties hereto. IN WITNESS WHEREOF, the City and the Utility have executed, or have caused this Agreement to be executed in several counterparts, each of which counterpart shall be considered an original copy of this Agreement. Signed, Sealed and Delivered in the presence of: ~ WIu~¡,1~ ¿; ./2-L- CITY OF CLERMONT, FLORIDA BY'~~~ (SEAL) 10 , . 8 ~-» ' d3)~ (!~cX~ 127675\MADDOXDJ 8 LAKE HILLS UTILITIES, INC. . M ndell, President ( SEAL) 11 , . 8 8 EXHIBIT "A" to Wholesale Agreement by and between the City of Clermont, Florida and Lake Hills Utilities, Inc. Tracts 19 and 20 of the map of property of Lake Highlands Company of Florida, recorded in Plat Book 2, Page 28, of the Public Records of Lake County, Florida. Subject to rights-of-way for State Highway No. 50 and Hancock Road. Approximately 19.83 acreSI. (Commercial) AND Tracts 29 through 34, inclusive, of the map of property of Lake Highlands Company of Florida, recorded in Plat Book 2, Page 28, of the Public Records of Lake County, Florida. Subject to right-of-way of Hancock Road. Approximately 59.52 acresf. (Residential) AND The West 1/2 of the Northwest 1/4 of the Southwest 1/4 of the Northwest 1/4 of Section 27, Township 22 South, Range 26 East, Lake County, Florida. Less rights-of-way for State Highway No. 50 and Hancock Road. Approximately 4.2l acreSI. (Commercial) AND The Northwest 1/4 of the Southwest l/4¡ and the South 1/2 of the Southwest 1/4 of the Northwest 1/4, all in Section 27, Township 22 South, Range 26 East, Lake County, Florida. Less right-of-way for Hancock Road. Approxi- mately 59.07 acreSI, (Residential) 133009\MADDOXDJ r 8 . WHOLESALE AGREEMENT THIS AGREEMENT entered into this ~íJ:4 day of #-' 1994 and between THE CITY OF CLERMONT, FLORIDA, a municipal by subdivision of the State of Florida (herein referred to as the nCityn) and LAKE HILLS UTILITIES, INC. , a Florida corporation (herein referred to as the nUtilityn); WITNESSETH: WHEREAS, the City is in the business of providing potable water and wastewater service to residential users in the City of Clermont and Lake County, Florida; and WHEREAS, the Utility is in the business of providing potable water service to residential users in Lake County, Florida; and WHEREAS, the Utility has a sixteen inch (l6n) potable water distribution main in Hancock Road in Lake County, Florida (the nUtility's Main") which runs from Highway 50 south along Hancock Road to the Greater Pines Subdivision; and WHEREAS, the City desires to provide water and wastewater service to approximately three hundred and twenty-five (325) residential dwellings and two (2 ) commercial parcels to be constructed on two (2) tracts of presently vacant property, both of which are adjacent to the portion of Hancock Road where Utility's Main is located, more particularly described in Exhibit "A" attached hereto (the "Knapp Property"); and WHEREAS, the Utility has filed a petition with the Florida Public Service Commission (the nFPscn) asking to have the Knapp Property included in its Certificated Area so that it could provide water service to the Knapp Property (the "Petition"); and 8 8 WHEREAS, the City has filed an objection to the Petition with the FPSC stating that the City should provide water service to the Knapp Property; and WHEREAS, the parties hereto have reached an agreement whereby the Utility will withdraw its Petition to provide water service to the Knapp Property and will agree to sell water for the Knapp Property to the City on a wholesale basis, and the City will agree to purchase the water to be so provided from the Utility on a wholesale basis; and WHEREAS, the City will agree with the owners of the Knapp Property to provide it with residential water and wastewater service; and WHEREAS, this Agreement contains the terms and conditions of the agreement between the City and the Utility. NOW THEREFORE, in consideration of the premises hereof and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. The developer of the Knapp Property (the "Developer" ) shall design, construct and install an on-site water distribution system, including connection of the main, on the Knapp Property at no cost to the City which has been designed to the City's standards and good engineering standards which meet the prior approval of both the City and the Utility (the "On-Site System") . The Developer shall convey the On-Site System to the City at no cost to the City. The On-Site System shall include all water mains, 2 8 8 laterals, meters, fire hydrants and other equipment necessary to provide residential water service to the future residents of the Knapp Prop~rty and shall meet all applicable Municipal, County, State and Federal regulations for residential potable water distribution systems. The On-Site System may be designed, constructed and installed in stages as the Knapp Property lS developed. The On-site system and connection to the main shall be designed, constructed and installed at no cost or expense to the Utility or the City. 2. The City shall own, maintain and operate all of the On- Site System lying within the Knapp Property and that part thereof outside the Knapp Property necessary to connect the On-Site System to the Utility's Main. The City shall provide water service to the future residents of the Knapp Property, and such residents shall be the customers of the City. The City shall have the sole responsibility for all aspects of the service to such residents. The entire On-Site System shall at all times be maintained, operated and kept in a good state of repair by the City in a manner which shall meet all rules and regulations of all State and Federal governmental entities. 3. The On-Site System shall be connected to the Utility's Main at such point(s) in the right-of-way of Hancock Road adjacent to the Knapp Property which are agreed to by the engineers of the City, the Utility and the Developer. The Utility shall provide potable water to the City for the Knapp Property at the point(s) of said connections. 3 8 8 4. Neither the Utility nor the City shall have the right to make any connections to the water mains or facilities of the other until formal written application has been made to such other party in accordance with the terms of this Agreement and written approval for such connection has been granted. Notwithstanding the foregoing, the Utility agrees that it will allow the City to connect the On-Site System for the future development of the Adams property which is located north of the Knapp Property on the west side of Hancock Road, and the On-Site System serving those residences with EDB well contamination who are located south of the Knapp Property, to the Utility's Main under the same terms and conditions as contained in this Agreement. All transmission lines necessary to serve such properties and customers shall be installed at no cost to the utility. 5. The Utility agrees that after connection of the On-Site System to the Utility's Main as provided herein, the Utility will continuously provide during the term of this Agreement, at its cost and expense, but in accordance with other provisions of this Agreement, a water supply to the City for the future residents of the above-described properties in a manner to conform with all reasonable requirements of appropriate City, Lake County, State and Federal agencies. The Utility water supply shall meet the fire flow requirements of the City and Lake County. After the connection is made to the Utility's Main in accordance with the terms of this Agreement, each party agrees to maintain its separate 4 8 8 water service facilities in a manner satisfactory to appropriate State and Federal agencies. 6. The Utility shall agree to a continuance of its petition to the FPSC to provide water service to the Knapp Property until the time that the City has a wastewater collection system in Hancock Road adjacent to the Knapp Property with capacity available to serve the three hundred and twenty-five (325) residential units and two (2) commercial parcels to be constructed on the Knapp Property at which time it shall withdraw its petition. In the event that the Developer has not begun to install the On-Site System, and in the event that the city has not installed such wastewater collection system, within nine (9) months from the date hereof, the Utility shall have the right to terminate this Agreement at any time until the time such installation has begun and such system is so installed, and upon such termination it shall have the right to renew and review its petition with the FPSC, and to contract directly with the owners of the Knapp Property for the provision of water service. 7. The City agrees to pay to the Utility for all water received by the City at the rate for each one thousand (1,000) gallons which is approved, from time to time, by the FPSC and which the Utility charges all of its customers. The current gallonage rate approved by the FPSC is ONE AND 13/100 DOLLARS ($l.13) for each one thousand (l,OOO) gallons. Additionally, the City agrees to pay a monthly base facility charge of NINE AND 11/100 DOLLARS ($9.11) for each residential connection until there are eighty (80) 5 8 e residential connections. Thereafter, the City will pay a flat SEVEN HUNDRED TWENTY-EIGHT AND 80/100 DOLLARS ($728.50) monthly base facility charge, which is equivalent to the base facility charge the Utility would assess if the Property were served by an eight inch (8") master meter. The amount of water which shall be received and paid for by the City shall be the number of gallons which pass through and are measured by the individual meters which the City uses for each of its customers. 8. The initial rate for one thousand (1,000) gallons may be adjusted from time to time by the Utility. All such adjustments shall be to a rate which shall be uniform and equal for bulk users in the same classification as the City, and shall be approved by the FPSC. Adjusted rates when established by the Utility shall become effective sixty (60) days from the date of written notice given by the Utility to the City, and the City shall thereafter pay said charge as adjusted. 9. The City shall submit to the Utility monthly reports showing the volume of water flow in gallons recorded by the meters at each residential and commercial connection then existing on the Knapp Property. The monthly report will be due thirty (30) days after the City invoices their customers on the Knapp Property. The report will be accompanied with payment for the amount of water shown on the report. Upon failure of the City to pay within the thirty (30) day period, the Utility, upon three (3) days' written notice to the City, shall have the right to terminate service until all sums due the Utility have been paid. 6 8 8 10. The water to be supplied by the Utility under this Agreement is intended solely for the approximately three hundred and twenty-five (325) residential units and two (2) commercial parcels to be located on the Knapp Property. If the City shall request the Utility to provide water for any other property, project or subdivision on a wholesale basis, including the property described in Paragraph 4 hereof, the Utility shall provide such water on the basis provided in this Agreement; provided, that the Utility has the capacity to provide such water and has adequate water mains adjacent to the property, project or subdivision to be served, or such capacity is installed by the City or a developer, and provided the City shall cause the Utility to be paid a Contribution-in-Aid-of-Construction (a "Connection Fee") and the gross-up income tax thereon as approved by the FPSC. 11. The Utility shall have the right of access at all times to read, record, observe, inspect and check the accuracy of the metering facilities, if any, and the Utility is further given the right to inspect, at reasonable times, all books, records, and other information of whatsoever nature of the City relating to the water flow from the Utility's water system to the City. 12. The City shall be solely responsible for the collection of all the fees and charges it makes to each residential and commercial unit being served within the Knapp Property, and the failure to collect said service fees and charges shall not relieve the City from paying to the Utility the full monthly charge as set forth in this Agreement. 7 8 8 13. The City shall pay to the Utility a Connection Fee calculated as the capacity charge in the amount of FIVE HUNDRED FORTY AND NO/lOO DOLLARS ($540.00), plus a sum equal to the income tax gross-up of THREE HUNDRED TWENTY - FOUR AND NO /100 DOLLARS ($324.00) thereon as approved by the FPSC for a total Connection Fee of EIGHT HUNDRED SIXTY-FOUR AND NO/100 DOLLARS ($864.00) for each residential unit connected to the City's On-Site System served by the Utility's water system. This Connection Fee, by approval of the FPSC, may be adjusted, in which event the City agrees to pay the prevailing Connection Fee so approved by the FPSC for those residential units and commercial users connected on or after the effective date of the adjusted Connection Fee. The Connection Fee shall be paid by the City to the Utility prior to connection of each residential and commercial unit, and failure of the City to pay such fees shall entitle the Utility, after fifteen (l5) days' written notice to the City, to bring suit against the City for the collection of such fees. In the event that the Utility shall bring suit against, the City for collection of any sums due under this Agreement, the prevailing party in such suit shall be entitled to collect therein all costs and attorneys' fees incurred by it in such suit, at both the trial and appellate levels, from the losing party. l4. The initial term of this Agreement shall be for one (l) year, beginning with the date that the Utility first supplies water to the City hereunder, and such term shall automatically be extended from year to year thereafter for successive one (1) year 8 8 8 terms. Notwithstanding the foregoing, the City may terminate this Agreement at any time, provided such terminating party gives the other written notice of termination hereof on or before six (6) months prlor to the termination date stated in the notice of termination, ln which event this Agreement shall end at the termination date. 15. Nothing contained herein shall prohibit, restrict or limit the Utility from providing water service to any other area to which the Utility could otherwise provide such service but for the existence of this Agreement, and provided further, that nothing contained herein shall limit or restrict the Utility in any manner from imposing any rate or charge to any of its water customers, other than for water service provided directly to the City as purchaser hereunder, or impose any other obligation on the Utility except as specifically provided herein. l6. This Agreement shall be binding upon and shall inure to the benefit of the City, the Utility and their respective assigns and corporate successors by merger, consolidation or conveyance. l7. All notices provided for herein shall be in writing or by telegram, and shall be mailed by registered or certified mail or delivered to the addresses shown below, which addresses may be changed by either party giving proper written notice to the other as provided herein. Utility: LAKE HILLS UTILITIES, INC. P. O. Box 915389 Longwood, Florida 3279l City: CITY OF CLERMONT, FLORIDA P. O. Box 1202l9 Clermont, Florida 34712-0219 9 8 8 18. The rights, privileges, obligations and covenants of the City and the Utility shall survive the completion of the work of the parties hereto. The parties agree that in any instance where engineering plans are required to be prepared by any party for submission to and approval by the other party to this Agreement, such approval shall not be arbitrarily or unreasonably withheld. 19. This Agreement supersedes all previous agreements or representations, either verbal or written, heretofore in effect between the City and the Utility, made with respect to the matters herein contained, and when duly exercised constitutes the agreement between the City and the Utility. No additions, alterations or variations to the terms of this Agreement shall be valid, nor can provisions of this Agreement be waived by either party unless such additions, alterations, variations or waivers are expressly set forth in writing and duly signed. This Agreement shall be governed by the laws of the State of Florida, and it shall be and become effective immediately upon execution by both parties hereto. IN WITNESS WHEREOF, the City and the Utility have executed, or have caused this Agreement to be executed in several counterparts, each of which counterpart shall be considered an original copy of this Agreement. Signed, Sealed and Delivered iv::e1d~ {fdL CITY OF CLERMONT, FLORIDA BY'/'Z¿ Ô~ ----------- (SEAL) 10 8 ~ 'iøJ()/4 ~PrXÞ:/ZÆ~~- 127675\MADDOXDJ . LAKE HILLS UTILITIES, INC. BY'~ R ert A. Ma ell, prèsident (SEAL) 11 . 8 . EXHIBIT "A" to Wholesale Agreement by and between the City of Clermont, Florida and Lake Hills Utilities, Inc. Tracts 19 and 20 of the map of property of Lake Highlands Company of Florida, recorded in plat Book 2, Page 28, of the Public Records of Lake County, Florida. Subject to rights-of-way for State Highway No. 50 and Hancock Road. Approximately 19.83 acres:t. (Commercial) AND Tracts 29 through 34, inclusive, of the map of property of Lake Highlands Company of Florida, recorded in Plat Book 2, Page 28, of the Public Records of Lake County, Florida. Subject to right-of-way of Hancock Road. Approximately 59.52 acres:t. (Residential) AND The West l/2 of the Northwest 1/4 of the Southwest 1/4 of the Northwest 1/4 of Section 27, Township 22 South, Range 26 East, Lake County, Florida. Less rights-of-way for State Highway No. 50 and Hancock Road. Approximately 4.21 acres:t. (Commercial) AND The Northwest l/4 of the Southwest l/4; and the South 1/2 of the Southwest 1/4 of the Northwest 1/4, all in Section 27, Township 22 South, Range 26 East, Lake County, Florida. Less right-of-way for Hancock Road. Approxi- mately 59.07 acres:t. (Residential) 133009\MADDOXDJ