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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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• <br /> • <br /> EXHIBIT B <br /> The terms of the Agreement approved by the Indian River County Board of <br /> County Commissioners on September 16 , 2008 , are set forth below : <br /> 1 . The County will pay $ 1 , 650 , 000 . 00 to the Owners as <br /> compensation in full for the whole Property and business , <br /> attorneys fees , expert fees and costs (the " Compensation " ) ; and <br /> 2 . The County will allow the Owners to lease back the property <br /> until the Board of County Commissioners approves a <br /> contractor' s bid for construction of the roadway improvements ; <br /> and <br /> 3 . The rent for said lease will be $ 1 per month ; and <br /> 4 . The County will give the Owners at least 60 days notice to <br /> vacate the property ; and <br /> 5 . The Owners shall leave the property in a clean condition . <br /> Specifically , the Owners shall ensure that all gasoline , oil and <br /> tires are removed from the property and from the tanks . The <br /> Owners shall also remove all inventory from the property ; and <br /> 6 . Subject to the terms set forth above , the Owners may take or <br /> leave any other property or fixtures from the premises they <br /> desire ; and <br /> 7 . The County will use its best efforts to allow the Owners to sell <br /> propane on the property including but not limited to obtaining a <br /> license to use the adjacent property for any propane tank <br /> setback requirements ; and <br /> 8 . The warranty deed executed by the Owners shall state "taken <br /> under threat of eminent domain " ; and <br /> 9 . Dominion Title Company shall perform the closing ; and <br /> 10 . Indian River County shall pay all costs of closing . <br /> 1 <br />
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