Laserfiche WebLink
Original <br /> AGREEMENT TO PURCHASE, SELL, AND LEASE REAL ESTATE <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 day of January, 2015, 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 <br /> 106 <br />