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2008-001B
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2008-001B
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Last modified
3/18/2016 1:57:36 PM
Creation date
9/30/2015 11:51:06 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
01/08/2008
Control Number
2008-001B
Agenda Item Number
7.K.
Entity Name
Frederick and Florence Van Antwerp
Subject
Purchase Agreement 66th Ave.Expansion
Area
4805 66th Ave.
Supplemental fields
SmeadsoftID
6819
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this Agreement, each party shall bear its own attorney's fees , costs , and expenses . <br /> 8 . 8 . Counterparts . This Agreement may be 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 /> 8 . 11 Grandfather Clause : The County agrees to allow Seller to use the remainder of <br /> Seller' s property, even though it is less than 5 acres , to construct a dwelling unit as <br /> stipulated in the letter dated November 28 , 2007 from William K . DeBraal to Seller, <br /> attached as Exhibit "C" . <br /> 9 . Lease-back: The County shall execute and deliver to Seller a lease of the <br /> Property at the Closing . The term of the lease shall begin the day of the Closing and <br /> end thirty (30) days prior to the County' s start date on construction of 66`h Avenue on <br /> the Property, but in no event sooner than one ( 1 ) year after the Closing . The lease <br /> payment shall be one dollar ($ 1 . 00 ) per year. <br /> 6 <br />
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