Moccasin Creek Sovereignty Submerged Lands Easement

The contract is for a sovereignty submerged lands easement, which grants Bay County, Florida, the right to use a parcel of submerged land in Moccasin Creek for public transportation purposes. The easement is for a period of 50 years, and the county must comply with certain terms and conditions, including obtaining any necessary permits and paying any required fees. The contract also includes provisions for the county to remove any structures or facilities at the end of the easement period and to indemnify the state for any damages or losses. • The easement is non-exclusive, and the state retains the right to grant compatible uses of the property to third parties. • The county must record the easement in the public records of the county within 14 days of receipt. • The state has the right to inspect the works and operations of the county and to terminate the easement if the county fails to comply with the terms and conditions. • The contract includes a provision for the resolution of any disputes or inequities that may arise during the term of the easement.