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2004-039
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2004-039
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Last modified
8/24/2016 1:03:21 PM
Creation date
9/30/2015 7:21:29 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/09/2004
Control Number
2004-039
Agenda Item Number
7.P.
Entity Name
Low Key Inc.
Subject
Agreement land purchase Right of Way Parrot Bay Estates Subdivision
Area
4th St. west of 58th Ave.
Archived Roll/Disk#
3209
Supplemental fields
SmeadsoftID
3648
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ilk Ccx, ridy <br /> on December 31 , Sel}er shall pay all current real estate taxes and special assessments levied against <br /> the Property, prorated based on the "due date" of such taxes established by the taxing authority <br /> having jurisdiction over the Property. If the Closing Date occurs between January 1 and November <br /> 1 , theHe shall , in accordance with Florida Statutes Section 196 . 295 , pay an amount equal to the <br /> current eaI estate taxes and assessments , prorated to the Closing Date . <br /> A �F ecovw <br /> U�M8 . Miscellaneous . <br /> C(#)-� <br /> 8 . 1 Controlling Law . This Agreement shall be construed and enforced in accordance with the <br /> laws of the State of Florida. Venue shall be in Indian River County for all state court matters , and in <br /> the Southern District of Florida for all federal court matters . <br /> 8 .2 Condemnation. In the event that all or any part of the Property shall be acquired or <br /> condemned for any public or quasi -public use or purpose, or if any acquisition or condemnation <br /> proceedings shall be threatened or begun prior to the Closing of this transaction, County shall have <br /> the option to either terminate this Agreement, and the obligations of all parties hereunder shall cease, <br /> or to proceed, subject to all other terms , covenants , conditions , representations and warranties of this <br /> Agreement, to the Closing of the transaction contemplated hereby and receive title to the Property; <br /> receiving, however, any and all damages , awards or other compensation arising from or attributable <br /> to such acquisition or condemnation proceedings . County shall have the right to participate in any <br /> such proceedings . <br /> 8 . 3 Entire Agreement . This Agreement constitutes the entire agreement between the parties <br /> with respect to this transaction and supersedes all prior agreements, written or oral, between the <br /> Seller and the County relating to the subject matter hereof. Any modification or amendment to this <br /> Agreement shall be effective only if in writing and executed by each of the parties . <br /> 8 . 4 Assignment and Binding Effect. Neither County nor Seller may assign its rights and <br /> obligations under this Agreement without the prior written consent of the other party. The terms <br /> hereof shall be binding upon and shall inure to the benefit of the parties hereto and their successors <br /> and assigns . <br /> 8 . 5 Notices . Any notice shall be deemed duly served if personally served or if mailed by <br /> certified mail, return receipt requested, or if sent via "overnight" courier service or facsimile <br /> transmission, as follows : <br /> If to Seller: Low Key, Inc . , c/o Tom Tierney, Esq . <br /> 5070 N. AlA, Suite 200 <br /> City, State, Zip : Vero Beach, FL 32963 <br /> If to County: Indian River County <br /> 1840 25 "' Street, Vero Beach, FL 32960 <br /> Attn : William M . Napier, Public Works Dept . <br /> Either party may change the information above by giving written notice of such change as provided <br /> in this paragraph . <br /> Standard Agreement — 1. R. County and Low Key, Inc. 3 <br />
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