2008-436B - Laserfiche WebLink

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AGREEMENT TO PURCHASE, SELL, AND LEASE REAL ESTATE BETWEEN LYDIA K. BROXTON AND INDIAN RIVER COUNTY THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 23rd day of December , 2008, by and between Indian River County, a political subdivision of the State of Florida ("the County"), and Lydia K. Broxton ("Seller"), who agree as follows: WHEREAS, Lydia K. Broxton, ("Broxton") owns property located at 6380 851h Street, Vero Beach, Florida. A print out from The Indian River County Property Appraiser's web site of the property known as Parcel 232 is attached to this agreement as Exhibit "A" and incorporated by reference herein; and WHEREAS, the County, is scheduled to expand CR510 in the near future and the road expansion will impact and affect Broxton's property; and WHEREAS, in order for the County to proceed with its road expansion plans, the County needs to purchase property to be used as right-of-way from landowners adjacent to CR510; and WHEREAS, Broxton is represented by Raymer F. Maguire III of the law firm of Fixel, Maguire & Willis, 1010 Executive Center Drive, Suite 121, Orlando, Florida; and WHEREAS, the County is prepared to take the Property by using its power of eminent domain; and WHEREAS, Broxton and the County wish to avoid the risk, time and expense of litigation by entering into this agreement for sale and purchase of the Property; NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, covenants and premises hereinafter, the County and Seller agree as follows: 1. Recitals. The above recitals are affirmed as being true and correct and are incorporated herein. 2. Agreement to Purchase and Sell. The Seller hereby agrees to sell to the County, and the County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this Agreement, that certain parcel of real property located at 6380 85th Street, Vero Beach, Florida and more specifically described in the attached Exhibit "A", containing approximately .13 acres, and all improvements thereon, together with all easements, rights and uses now or hereafter belonging thereto (collectively, the "Property").