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10/15/1997 AgreementRELEASE AND TERMINATION AGREEMENT FOR REEF RELIEF'S OBLIGATIONS TO INSPECT AND MAINTAIN MOORINGS This Release and Termination Agreement is entered into on this the /, day of October, 1997, by and between the board of County Commissioners of Monroe county, Florida, hereafter the County, and Reef relief, Inc., a non-profit Florida corporation, hereafter Reef Relief. WITNESSETH: WHEREAS, on April 7, 1987, the parties entered into an agreement whereby the county would construct and install various moorings and Reef Relief would inspect and. maintain thej same for a period of 20 years; and WHEREAS, the Florida Keys Marine Sanctuary is now desirous and able to assume. such maintenance for the remainder of the 20-year term and beyond, NOW, THEREFORE, in exchange for the mutual covenants and benefits set forth, the parties agree as follows: 1.) Reef Relief is hereby released from all its obligations and duties under its April 7, 1987 agreement with the county and such obligations and duties are hereby terminated. 2.) This release and termination of Reef Relief's obligations and duties will take effect on the date the Florida Keys Marine Sanctuary assumes the inspection and maintenance obligations for the moorings described in the April 7, 1987 County/Reef Relief agreement. IN V 1TNESS WHEREOF, the parties have caused this Agreement to be entered into on the ,\. ` day and year first written above. (SEAL) BOARD OF COUNTY COMMISSIONERS ATTEST: DANNY L. KOLHAGE, CLERK OF MO RO OUNTY, F RIDA C- . ca..� /� By Deputy Clerk (SEAL) ATTEST: REEF RELIEF IN By By �1+� Title: Title: OPAA. APPROVED AS TO F RM AN AL SUFF BY R BERT LFE DATE /O