3/7/2016 10:31:17 AM
10/1/2015 3:29:08 AM
Official Document Type
Agenda Item Number
Richard and MaryAnn Rentschler
Purchase agreement CR 510 road expansion
7595 85th St.
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
All rights reserved.
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View plain text
cr �i✓ �� yf o 9 <br /> 13 �- <br /> c 0 <br /> AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br /> BETWEEN <br /> RICHARD AND MARYANN RENTSCHLER <br /> AND <br /> INDIAN RIVER COUNTY <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ( "Agreement" ) <br /> is made and entered into as of the 14th day of April 2009 , by and between <br /> Indian River County , a political subdivision of the State of Florida ( "the County" ) , and <br /> Richard and MaryAnn Rentschler ( " Sellers" ) , who agree as follows : <br /> WHEREAS , Richard and MaryAnn Rentschler own a 2 acre parcel of property <br /> located at 7595 85th Street in Vero Beach , Florida . A sketch and legal description of the <br /> property is attached to this agreement as Exhibit "A" and incorporated by reference <br /> herein ; and <br /> WHEREAS , the County , is scheduled to expand CR 510 in the near future and <br /> the road expansion will impact and affect the Sellers ' property ; and <br /> WHEREAS , in order for the County to proceed with its road expansion plans , the <br /> County needs to purchase property to be used as right-of-way from landowners <br /> adjacent to CR 510 ; and <br /> WHEREAS , the County has contacted Sellers and has offered to purchase a <br /> 0 . 126 acre parcel of property from Sellers to be used as right-of-way as depicted on <br /> Exhibit " A" ( the Property ) ; and <br /> WHEREAS , Sellers are represented by Raymer F . Maguire III of the law firm of <br /> Fixel , Maguire & Willis , 1010 Executive Center Drive , Suite 121 , Orlando , Florida ; and <br /> WHEREAS , the County is prepared to take the Property by using its power of <br /> eminent domain ; and <br /> WHEREAS , Sellers and the County wish to avoid the risk , time and expense of <br /> litigation by entering into this agreement for sale and purchase of the Property ; <br /> NOW , THEREFORE , in consideration of the mutual terms , conditions , promises , <br /> covenants and premises hereinafter , the County and Sellers agree as follows : <br /> 1 . Recitals . The above recitals are affirmed as being true and correct and are <br /> incorporated herein <br /> 2 . Agreement to Purchase and Sell . Sellers hereby agree to sell to the County , and <br /> the County hereby agrees to purchase from Sellers , upon the terms and conditions set <br /> forth in this Agreement , that certain parcel of real property located on CR 510 , Vero <br /> Page 1 of 7 <br />
The URL can be used to link to this page
Your browser does not support the video tag.