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2008-361
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2008-361
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Last modified
4/18/2016 1:03:44 PM
Creation date
10/1/2015 1:05:23 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
11/04/2008
Control Number
2008-361
Agenda Item Number
13.C
Entity Name
Mark and Nona Hall Marks Mobile
Subject
Purchase Agreement and Lease Agreement
43rd. Avenue Expansion
Area
4310 20th St.
Supplemental fields
SmeadsoftID
8053
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either party , or in any instruments delivered pursuant hereto or in connection <br /> herewith , shall survive the Closing Date and the consummation of the transaction <br /> provided for herein . The covenants , agreements and undertakings of each of the <br /> parties hereto are made solely for the benefit of, and may be relied on only by the <br /> other party hereto , its successors and assigns , and are not made for the benefit of, <br /> nor may they be relied upon , by any other person whatsoever . <br /> 8 . 7 Attorney' s Fees and Costs . In any claim or controversy arising out of or relating to <br /> this Agreement , each party shall bear its own attorney' s fees , costs , and expenses . <br /> 8 . 8 . Counterparts , This Agreement may be executed in two or more counterparts , each <br /> one of which shall constitute an original . <br /> 8 . 9 . County Approval Required : This Agreement is subject to approval by the Board of <br /> County Commissioners of Indian River County . <br /> 8 . 10 . 1 Beneficial Interest Disclosure : In the event Seller are a partnership , limited <br /> partnership , corporation , trust , or any form of representative capacity whatsoever for <br /> others , Seller shall provide a fully completed , executed , and sworn beneficial <br /> interest disclosure statement in the form attached to this Agreement as an exhibit <br /> that complies with all of the provisions of Florida Statutes Section 286 . 23 prior to <br /> approval of this Agreement by the County . However, pursuant to Florida Statutes <br /> Section 286 . 23 ( 3 ) (a ) , the beneficial interest in any entity registered with the <br /> Federal Securities and Exchange Commission , or registered pursuant to Chapter <br /> 517 , Florida Statutes , whose interest is for sale to the general public , is exempt from <br /> disclosure ; and where the Seller is a non - public entity , that Seller is not required to <br /> disclose persons or entities holding less than five ( 5 % ) percent of the beneficial <br /> interest in Seller. <br /> 9 . Lease- back : The County shall execute and deliver to Seller a lease of the Property <br /> at the Closing . The term of the lease shall begin the day of the Closing and end as <br /> set forth in Exhibit B . The lease payment shall be one dollar ( $ 1 . 00 ) per month . <br /> Prior to the expiration of the lease and prior to the expiration of Seller' s Storage <br /> Tank Liability Insurance , Seller shall permit the County to make a site assessment <br /> performed for the presence of contaminants . The site assessment shall be <br /> performed by the County' s Consulting Engineer at the County' s expense . <br /> 6 <br />
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