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SEWAGE COLLECTION SYSTEM il ~,1/ .1 RI.CO...RD~~JnOA PIMEtl~~ ~~n~~" "\.C;,f."', tl~,,~L'J Y., MaR 28 3 5' rK 'it II.' 2': -' Co 0/ ~7 .... I, ~) } ." , 69031211 O.R 3047 ?,~G(122 BILL OF EXCHANGE KNOW ALL MEN BY THESE PRESENTS: That the City of Clearwater, a municipal corporation under the laws of the State of Florida, hereinafter referred to as "Clearwater", and Town of Largo, a municipal corporation under the laws of the State of Florida, hereinafter referred to as "Largo", for and in consideration of the mutual exchange and conveyance of assets as hereinafter described, together with payment of the sum of Two Hundred Thirty-Six Thousand One Hundred Fifty and 25/100 Dollars by Town of Largo to Clearwater, the receipt of which is hereby acknowledged by Clearwater, do hereby sell, assign, transfer, convey and exchange assets as follows: 1. Clearwater conveys to Largo' all water pipe materials, valves, water meters, attachments and appurtenances and customer deposits and easements or rights of easements in which or over which said personal property is located comprising its water distribution system lying within the Largo service areaas described in Ordinance No. C-453 of the Town of Largo, less and excepting any portion thereof within the present city limits of Clearwater and less and excepting any of the foregoing assets necessary to provide water distribution service to such municipal areas of Clearwater lying within such Largo service area. 2. Largo conveys to Clearwater all sewer pipes, manholes, '""'" '1 ','-He'," trunk mains, lift stations, appurtenances and easements or rights of easements in which or over which said personal property is located comprising its sewage collection system lying and being 'f( nortH of the center line of Belleair Road less and excepting any portion thereof within the town limits of Largo as presently defined, and less and excepting any connector or main trunk lines ~.; i / ill}! (, ,>' I I . O,R, 3047 PAGc123 necessary to service sewage collection for such areas within the town 1imts of Largo lying north of the center line of Be11eair Road. TO HAVE AND TO HOLD THE SAME UNTO each of the said Grantees, its successors and assigns forever. This exchange and conveyance of assets is made subject to and without impairment of the obligations to or the right of any bond holders holding water or sewer utility revenue bonds of either Clearwater or Largo. However, each Grantor does hereby indemnify and hold harmless each grantee of and from any claims of such bond holders and does otherwise fully warrant the title to the assets herein transferred to such grantee. Each Grantee shall be entitled to all income, revenues, receipts and collections from the assets obtained by it by virtue of this agreement effective from and after the date hereof. IN WITNESS WHEREOF, the undersigned have caused these c;a.. this ;lK'- day of March 1969. ::~:~L~IDA. , City Manager' . presents Approved as to f & Attest: correctness: '#.~~ City Attorney . o~~" ; :-""l;~~"'f' ..---l'l'~.""'ot~,. Witnesses: As to C ~~~/fd~ a~ q, ~I As to rgo TOWn~Y :~". ~, Attest: ~,' ',""",','"""i, ","',' -" ~ /JO ~ ".'; ,:'" ,~." Town Manager -. .:.: ", "- 2. I I O,R. 3047 PAGr.124 STATE OF FLORIDA COUNTY OF PINELLAS Before me personally appeared Merrett R. Stierheim, H. Everett Hougen and R. G. Whitehead , to me well known, and known to me to be the individuals described in and who execute~ ~e C :. f . . t t.t d .t 1. .an .yor- ommlSSlonel orego1ng 1ns rumen as C1 y Manager an C1 y C er~ 0 e CITY OF CLEARWATER, FLORIDA, a municipal corporation, and severally acknowledged to and before me th~t.they executed such instrument as such City Manage~~~~~1~~~~nt~spectively, of said corporation, and that the seal affixed to the foregoing instrument is the corporate seal of said corporation and that it was affixed to said instrument by due and regular corporate authority, and that said instrument is the free act and deed of said municipal corporation. ~ WItNESS my hand and official seal, this cl, g- - day of March, A.D., 1969. 'Io'~ I ~ fl"., {( f ~-~_~4-t,l.,(:' ,', ':" -. ~ tary Public ':, ~ , ___. __ '.~"'" . :..., ~ .oil" My commission expires: ..-. -. Notary Public. State of Florida at Large My Commission Expires Aug 1, 1970 Bonded by Tlansamerica .lnslIrance Co. STATE OF FLORIDA COUNTY OF P INELLAS Before me personally appeared H. D. POWELL and CARL G. ECKLUND, to me well known, and known to me to be the individuals described in and who executed the foregoing instrument as Mayor and Town Manager of the TOWN OF LARGO, FLORIDA, a municipal corporation, and severally acknowledged to and before me that they executed such instrument as such Mayor and Town Manager, respectively, of said corporation, and that the seal affixed to the foregoing instrument is the corporate seal of said corpcration and that it was affixed to said instrument by due and regular corporate authority, and that said instrument is the free act and deed of said corporation. WITNESS my hand and officitl seal, this ~J"~ day of March, A.D,1969. . l. ~. My commission expires: 180 ~. . ',; ~~y ~~bliC :~, ~~.- - -f -=. - / ' '1'!<tfrfl',..,.,,,,,,~. "',: <1"-: ..; '';;/'''r'''' ~'" I \ ,.ef~'" "'1~'~f'" ':"" ''7"'Ur.: ."_ _, - , .' -- . .7 Notary Public, State of Flo"',cI" t l M ~,. , " ',c< d .arge ,y l:on,~nISS~();'1 Expires Aug 1, 1970 Bonded by TransamencaJnsLlrance Co. 3.