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Original
<br />02102C 15
<br />e.L,
<br />AGREEMENT TO PURCHASE, SELL, AND LEASE REAL ESTATE ad i,5" -
<br />BETWEEN INDIAN RIVER COUNTY
<br />AND
<br />B. ANDERS NYQUIST, AS TRUSTEE OF THE UNRECORDED NYQUIST
<br />TRUST #2, u/a/d JULY 22, 1992
<br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is
<br />made and entered into as of the loth day ofFebruary2015, by and between Indian River
<br />County, a political subdivision of the State of Florida ("the County"), and B. ANDERS
<br />NYQUIST, AS TRUSTEE OF THE UNRECORDED NYQUIST TRUST #2, u/a/d JULY 22,
<br />1992, (Seller) who agree as follows:
<br />WHEREAS, B. Anders Nyquist, as Trustee, owns property located on the southwest
<br />corner of CR510 and Shore Lane, Vero Beach, Florida. A sketch and legal description of
<br />the property is attached to this agreement as Exhibit "A" and incorporated by reference
<br />herein; and
<br />WHEREAS, the County is scheduled to expand CR510, also known as 85th Street,
<br />in the future and the road expansion will impact the property of B. Anders Nyquist; 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 adjacent
<br />to CR510; and
<br />WHEREAS, the County has contacted B. Anders Nyquist and has offered to
<br />purchase approximately 1,465 square feet of property to be used as right-of-way, as
<br />depicted on Exhibit "A"; 6,871 square feet of property to be used as a temporary
<br />construction easement, as depicted on Exhibit "B" and 2,537 square feet of property to be
<br />used as drainage easement, as depicted on Exhibit "C" (the Property), and
<br />WHEREAS, the County is prepared to take the Property by using its power of
<br />eminent domain; and
<br />WHEREAS, B. Anders Nyquist and the County wish to avoid the risk, time and
<br />expense of 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 SELLER 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. The Seller hereby agrees to sell to the County,
<br />and the County hereby agrees to purchase from Seller, upon the terms and conditions set
<br />forth in this Agreement that certain parcel of real property located on the southwest corner
<br />of CR510 and Shore Lane, Vero Beach, Florida and more specifically described in the
<br />sketch and legal description attached as Exhibit "A", fee simple, containing approximately
<br />1
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