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Origin 1 <br /> y`ao`q <br /> c� L1 l� $ <br /> AGREEMENT TO PURCHASE, SELL, AND LEASE REAL ESTATE <br /> BETWEEN INDIAN RIVER COUNTY <br /> AND <br /> JAVIER FRANCO AND BAYLEE FRANCO <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") <br /> is made and entered into as of the day of October, 2014, by and between Indian <br /> River County, a political subdivision of the State of Florida ("the County"), and JXVIER <br /> FRANCO AND BAYLEE FRANCO, who agree as follows: <br /> WHEREAS, Javier and Baylee Franco owns property located at 2605 53`d venue, <br /> Vero Beach, Florida. A legal description of the property is attached to this agreement as <br /> Exhibit "A" and incorporated by reference herein; and <br /> WHEREAS, the County is purchasing right-of-way for the future expansio 1 of 26th <br /> 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 26th Street; and <br /> WHEREAS,the County has contacted Javier and Baylee Franco and has offered to <br /> purchase the parcel as described on Exhibit "A" (the Property), and <br /> WHEREAS, the County is currently purchasing property/right-of-way from willing <br /> sellers; and <br /> WHEREAS, Javier and Baylee Franco and the County, by entering into this <br /> 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 condil ions set <br /> forth in this Agreement that certain parcel of real property located at 2605 53rd Avenue, <br /> Vero Beach, Florida and more specifically described in the legal description attached as <br /> Exhibit"A", fee simple, all improvements thereon, together with all easements, rights and <br /> uses now or hereafter belonging thereto (collectively, the "Property"). <br /> 2.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the <br /> Property shall be $110,000 (One Hundred Ten Thousand Dollars). The Purcha a Price <br /> 1 ', <br />