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Rescind Agreement 10/23/1979/�� AGREEMENT OF RECISION This Agreement of Recision is entered into in duplicate originals as of the 31st day of October, 1979, by and between MONROE COUNTY, FLORIDA (the "County "), a poli- tical subdivision of the State of Florida, acting as the Monroe County Municipal Service District, and WASTE MANAGEMENT, INC., a Delaware corporation ( "WMI "). "� -�- -- Whereas, the parties hereto had entered into an Agreement for a Solid Waste Disposal System dated March 1, 1979 (the "Agreement "), and; Whereas, through no fault of the parties hereto circumstances have changed substantially, making it impos- sible for either party to perform as originally contemplated by the Agreement, and; Whereas, the parties agreed at a meeting of the Board of County Commissioners on October 23, 1979, to mutually rescind the Agreement of March 1, 1979 under the terms and conditions set forth herein; Now Therefore, the parties hereto agree as follows: 1. The County and WMI, under the terms and conditions hereof, hereby mutually rescind the March 1, 1979 Agreement and release any and all claims, one against the other, in connection therewith. 2. In consideration of such mutual recision, the County has agreed to purchase, and WMI has agreed to sell, all engineering drawings and permits in the possession of WMI related to the project contemplated by the Agreement for the sum of One Hundred and Twenty Thousand Dollars ($120,000.00) to be paid by check simultaneously with the return of an executed original hereof to WMI. WMI shall immediately make all such drawings, permits and related materials available to the County and shall, at the request of the County, make its engineer most directly involved with the project avail- able to the County at no cost for one day, to review all such materials with the County. Attached hereto are invoices and other documents establishing WMI's out -of- pocket costs of obtaining the drawings and permits, which costs exceed the sum to be reimbursed by the County. 0 IN WITNESS WHEREOF the County has caused this Agreement of Recision to be executed in its name by the 'Chairman of the County Commissioners, attested by the Clerk of the Board of County Commissioners and has caused the seal of said Board of County Commissioners to be attached hereto, and WMI has caused this Agreement to be executed in its name by its President, attested by its Secretary and has caused its seal to be attached hereto, all as of the day and year first above written. ATTEST: MONROE COUNTY, FLORIDA by its BOARD OF COUNTY COMMISSIONERS acting as the MONROE COUNTY MUNICIPAL SERVICE DISTRICT BY BY`i C erk (seal) WASTE MANAGEMENT, INC. i BY: Wayn Huiz nga JeFident AMM1 MAS 70 FORM AND SWFIC/ENCY. Aaame�►'s OKice