Laserfiche WebLink
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 />