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g• N - <br /> �O° q -- <br /> AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made <br /> and entered into as of the 10th day of November 2009 by and between Lawrence E . and <br /> Corine H . Trapp (" Sellers") and Indian River County, a political subdivision of the State of Florida <br /> ("County") , who agree as follows : <br /> 1 . Agreement to Purchase Real Estate . The Seller hereby agrees to sell to the County a parcel of <br /> real estate for the use of right- of-way property located at 5755 45 `I' Street, Vero Beach, County of <br /> Indian River, State of Florida and more specifically described in Exhibit "A, " containing <br /> approximately 450 . 0 square foot corner clip . <br /> 2 . Purchase Price, Effective Date, Term . . The purchase price (the "Purchase Price") for the shall <br /> One-Thousand-Nine-Hundred- Eighty-Dollars & 00/ 100 ( $ 1 , 980 . 00 ) . The Purchase Price shall be <br /> paid on the Closing Date . The Effective Date of this Agreement shall be the date upon which the <br /> County shal l have approved the execution of this Agreement, either by approval by the Indian River <br /> County Board of County Commissioners at a formal meeting of such Board or by the County <br /> Administrator pursuant to his delegated authority . <br /> 3 . Closing , <br /> 3 . 1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") shall take <br /> place within 45 days following the Effective Date of this Agreement . The parties agree that the <br /> Closing shall be as follows : <br /> 3 . 2 The Seller shall execute and deliver to the County a Warranty Deed for the real property <br /> described in Exhibit A . <br /> 3 . 3 The County and Seller agree that the following personal property such as, fences landscaping <br /> material , irrigation and parking areas may be required to be removed . Indian River County shall <br /> replace or compensate for any improvements that are impacted and will deliver possession of the <br /> property to seller in the same or better condition than before the commencement of the project . <br /> 3 . 4 County shall pay the following expenses at Closing : <br /> 3 . 4 . 1 The cost of recording the any Documentary Stamps required to be affixed to the Warranty <br /> Deed . <br /> 4 . 0 Miscellaneous . <br /> 4 . 1 Controlling This Agreement shall be construed and enforced in accordance with the <br /> laws of the State of Florida. Venue shall be in Indian River County for all state court matters , and in <br /> the Southern District of Florida for all federal court matters . <br /> 4 . 2 Condemnation . In the event that all or any part of the Property shall be acquired <br /> or <br /> condemned for any public or quasi -public use or purpose, or if any acquisition or condemnation <br /> proceedings shall be threatened or begun prior to the Closing of this transaction, County shall have <br /> the option to either terminate this Agreement, and the obligations of all parties hereunder shall cease , <br /> or to proceed, subject to all other terms , covenants , conditions , representations and warranties of this <br /> Agreement, to the Closing of the transaction contemplated hereby and receive title to the Property ; <br /> receiving, however, any and all damages , awards or other compensation arising from or attributable <br /> to such acquisition or condemnation proceedings . County shall have the right to participate in any <br /> such proceedings . <br /> 4 . 3 Entire Agreement . This Agreement constitutes the entire agreement between the parties <br /> with respect to this transaction and supersedes all prior agreements , written or oral , between the <br /> F : AEngineering\Robert Webb\notice to ownerV' I 'raplpicornercliplqurchase Agreement. 45thst. doc <br />