Laserfiche WebLink
Original <br />AGREEMENT TO PURCHASE, SELL, AND LEASE REAL ESTATE <br />BETWEEN INDIAN RIVER COUNTY <br />AND <br />INEOS NEW PLANET BIOENERGY, LLC <br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") <br />is made and entered into as of thee3rdrday of NovernW2015, by and between Indian <br />River County, a political subdivision of the State or riorida ("the County"), and INEOS New <br />Planet Bioenergy, LLC, a Foreign Limited Liability Company, who agree as follows: <br />WHEREAS, INEOS NEW PLANET BIOENERGY, LLC owns property located at 925 <br />74th Avenue SW, Vero Beach, Florida. A legal description of the property is attached to this <br />agreement as Exhibit "A" and incorporated by reference herein; and <br />WHEREAS, the County is purchasing right-of-way for the future improvement, of 74th <br />Avenue SW, from Oslo Road (9th Street, SW) to 12th Street; and <br />WHEREAS, in order to proceed with the road expansion plans, the County needs to <br />purchase property to be used as right-of-way from landowners adjacent to 74th Avenue SW; and <br />WHEREAS, the County has contacted INEOS NEW PLANET BIOENERGY, LLC <br />and has offered to purchase the parcel as described on Exhibit "A" (the Property), and <br />WHEREAS, the County is currently purchasing property/right-of-way from willing sellers; <br />and <br />WHEREAS, INEOS NEW PLANET BIOENERGY, LLC and the County, by entering <br />into this agreement for sale and purchase of the Property; <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, covenants <br />and premises hereinafter, the COUNTY and SELLER agree as follows: <br />1. Recitals. The above recitals are affirmed as being true and correct and are incorporated <br />herein <br />2. Agreement to Purchase and Sell. The Seller hereby agrees to sell to the County, and the <br />County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this <br />Agreement that certain parcel of real property located at 925 74th Avenue, SW, Vero Beach, <br />Florida and more specifically described in the legal description attached as Exhibit "A", fee simple, <br />all improvements thereon, together with all easements, rights and uses now or hereafter belonging <br />thereto (collectively, the "Property"). <br />1 <br />