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12/01/2015 (2)
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12/01/2015 (2)
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Last modified
4/5/2018 9:43:41 AM
Creation date
2/2/2016 1:46:13 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/01/2015
Meeting Body
Board of County Commissioners
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AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is <br />made and entered into as of AJt-,v , 2015, by and between Indian River <br />County, ("County"), a political subdivision of the State of,Florida, whose address is 1801 <br />27th Street, Vero Beach, FL 32960; and Atclafivt cfl-z iC /j <br />/,‘I&5 5,V* buyer's full nam/ z <br />(buyer's address) +, o (city) (state)`(317 <br />("Buyers"), who agree as follows: <br />1. Agreement to Purchase and Sell. The County hereby agrees to sell to the Buyers, <br />and the Buyers hereby agrees to purchase from County, upon the terms and conditions set <br />forth in this Agreement, that certain parcel of real property located at 5940 26' Street Vero <br />Beach, FL 32966 and more specifically described on Exhibit "A" attached hereto and <br />incorporated by reference, containing approximately 0.60 acres, and all improvements <br />thereon, together with all easements, rights and uses now or hereafter belonging thereto <br />(collectively, the "Property"). <br />2. Purchase Price Effective Date. The purchase price Sthe "Purchase Price") for the <br />Property shall be �v t - ? s Qa / 00/00 Dollars <br />(written urcHase price) <br />($ C/5, OoD .00). The B yer has paid and the County ackn •wle • ges receipt of a 10% <br />deposit in the amount of.So v,-- •_ •ollars <br />cry <br />(10% deposit amount) <br />($ ‘f)54D, ) that is currently being held in escrow by the County (Escrowed Funds). <br />The balance of the Purchase Price shall be paid on the Closing Date. The Effective Date <br />of this Agreement shall be the date upon which the County approves the execution of this <br />Agreement, either by approval by the Indian River County Board of County Commissioners <br />at a formal meeting of such Board or by the County Administrator pursuant to his delegated <br />authority. <br />3. Title. County shall convey marketable title to the Property by County Deed free of <br />claims, liens, easements and encumbrances of record or known to County; but subject to <br />property taxes for the year of Closing and covenants, restrictions and public utility <br />easements of record provided (a) there exists at Closing no violation of any of the <br />foregoing; and (b) none of the foregoing prevents Buyer's intended use and development <br />of the Property ("Permitted Exceptions") <br />4. Representations of the County. <br />4.1 County is indefeasibly seized of marketable, fee simple title to the Property, and is <br />the sole owner of and has good right, title, and authority to convey and transfer the <br />Property which is the subject matter of this Agreement, free and clear of all liens and <br />encumbrances <br />-1- <br />53 <br />
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