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2017-110
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2017-110
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Last modified
3/1/2018 11:08:56 AM
Creation date
8/18/2017 9:58:51 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/15/2017
Control Number
2017-110
Agenda Item Number
8.Q.
Entity Name
Lott, Randy and Diane
Subject
66th Avenue Widening Project Land Acquisition
Area
7425 66th Avenue
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9.5 Survival and Benefit. Except as otherwise expressly provided herein, each <br />agreement, representation or warranty made in this Agreement by or on behalf of either <br />party, or in any instruments delivered pursuant hereto or in connection herewith, shall <br />survive the Closing Date and the consummation of the transaction provided for herein. <br />The covenants, agreements and undertakings of each of the parties hereto are made <br />solely for the benefit of, and may be relied on only by the other party hereto, its successors <br />and assigns, and are not made for the benefit of, nor may they be relied upon, by any other <br />person whatsoever. <br />9.6 Attorney's Fees and Costs. In any claim or controversy arising out of or relating to <br />this Agreement, each party shall bear its own attorney's fees, costs, and expenses. <br />9.7 Counterparts. This Agreement may be executed in two or more counterparts, each <br />one of which shall constitute an original. <br />9.8 County Approval Required: This Agreement is subject to approval by the Indian <br />River County Board of County Commissioners as set forth in paragraph 2. <br />9.9 Beneficial Interest Disclosure: In the event Seller is a partnership, limited partnership, <br />corporation, trust, or any form of representative capacity whatsoever for others, Seller <br />shall provide a fully completed, executed, and sworn beneficial interest disclosure <br />statement in the form attached to this Agreement as an exhibit that complies with all of the <br />provisions of Florida Statutes Section 286.23 prior to approval of this Agreement by the <br />County. However, pursuant to Florida Statutes Section 286.23 (3) (a), the beneficial <br />interest in any entity registered with the Federal Securities and Exchange Commission, or <br />registered pursuant to Chapter 517, Florida Statutes, whose interest is for sale to the <br />general public, is exempt from disclosure; and where the Seller is a non-public entity, that <br />Seller is not required to disclose persons or entities holding less than five (5%) percent of <br />the beneficial interest in Seller. <br />
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