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2006-372
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2006-372
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Last modified
9/1/2016 9:01:12 AM
Creation date
9/30/2015 10:14:55 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
10/24/2006
Control Number
2006-372
Agenda Item Number
11.I.1.
Entity Name
Devanand & Rookminee Maharaj
Subject
Agreement to sell and purchase real estate
Area
8866 92nd Court
Supplemental fields
SmeadsoftID
5931
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8 . 10 Beneficial Interest Disclosure : In the event Seller is a partnership , limited partnership , <br /> corporation , trust , or any form of representative capacity whatsoever for others , Seller shall <br /> provide a fully completed , executed , and sworn beneficial interest disclosure statement in the <br /> form attached to this Agreement as an exhibit that complies with all of the provisions of Florida <br /> Statutes Section 286 .23 prior to approval of this Agreement by the County. However, pursuant <br /> to Florida Statutes 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 517 , Florida <br /> Statutes , whose interest is for sale to the general public, is exempt from disclosure ; and where <br /> the Seller is a non -public entity, that Seller is not required to disclose persons or entities holding <br /> less than five (5% ) percent of the beneficial interest in Seller. <br /> 8 . 11 County may obtain a survey of the Property. If the size of the Property differs from the <br /> size shown on the tax map , County shall within fifteen ( 15) days following the Effective Date of <br /> this Agreement, determine whether or not the size difference substantially affects County' s <br /> unsuitable for County's planned use , County shall within said fifteen ( 15 ) days , terminate this <br /> Agreement by written notice to Seller, whereupon shall be of no further force and effect. <br /> 8 . 12 Lease-back: The Seller will be allowed to lease back the property , legally described in <br /> Exhibit "A" , at no charge until September 30 , 2007 or until the CR 510 road -widening <br /> construction starts , whichever comes sooner. Should the project start date be postponed , the <br /> County may extend the Lease at the County's discretion . The County and the Seller will enter <br /> into a Lease substantially in the form of Exhibit " B " attached hereto and incorporated by this <br /> reference . The Lease will commence on the closing date . <br /> IN WITNESS WHEREOF , the undersigned have executed this Agreement as of the date <br /> first set forth above . <br /> SELLER: COUNTY : <br /> Name : Devanand MAa3ai INDIAN RIVER COUN F( ORk©lir ; <br /> By <br /> Date Signed : 10 — 06 Date Signed : Octo6e . 24�, .; ooi : yr _ <br /> Name : o minee Maharai Attest: J . K . Barton , Clerk <br /> By / ; By <br /> DeputyJerk <br /> Date Signed : / � - - � - D <br /> B <br /> qu ition Ag6At <br /> Approved: <br /> By <br /> Cou tty Administrator <br /> 5 <br /> Approved as to form. dI 1 ffi cy: <br /> By <br /> County Attorney <br />
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