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2007-444
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2007-444
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Last modified
6/29/2016 12:24:43 PM
Creation date
9/30/2015 11:33:46 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/18/2007
Control Number
2007-444
Agenda Item Number
7.AA.
Entity Name
Tammy L. Vogel
Subject
Purchase Agreement
Area
7275 85th St.
Supplemental fields
SmeadsoftID
6763
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party, or in any instruments delivered pursuant hereto or in connection herewith , shall <br /> survive the Closing Date and the consummation of the transaction provided for herein . <br /> The covenants , agreements and undertakings of each of the parties hereto are made <br /> solely forthe benefit of, and maybe relied on only by the other party hereto , its successors <br /> and assigns , and are not made for the benefit of, nor may they be relied upon , by any other <br /> 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 maybe 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 Indian <br /> River County as set forth in paragraph 2 . <br /> 8 . 10 Beneficial Interest Disclosure : In the event Seller is 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 interest <br /> disclosure statement in the form attached to this Agreement as an exhibit that complies <br /> with all of the provisions of Florida Statutes Section 286 . 23 prior to approval of this <br /> Agreement by the County . However, pursuant to Florida Statutes Section 286 . 23 (3) (a ) , <br /> the beneficial interest in any entity registered with the Federal Securities and Exchange <br /> Commission , or registered pursuant to Chapter 517 , Florida Statutes , whose interest is for <br /> sale to the general public, is exempt from disclosure ; and where the Seller is a non-public <br /> entity, that Seller is not required to disclose persons or entities holding less than five (5% ) <br /> percent of the beneficial 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 thirty (30 ) <br /> days prior to the County' s start date on construction of CR 510 on the Property, but in no <br /> event sooner than one ( 1 ) year after the Closing . The lease payment shall be one dollar <br /> ($ 1 . 00) per year. <br /> 10 . Demolition : The County has the right of entry onto the remainder of the property for <br /> the purpose of and the right to demolish the house during the construction of CR 510 . Said <br /> demolition shall occur no later than one year from the date of closing . <br /> 6 <br />
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