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2017-126
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2017-126
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Last modified
8/18/2017 2:27:01 PM
Creation date
8/18/2017 2:24:51 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/15/2017
Control Number
2017-126
Agenda Item Number
11C
Entity Name
Youth Guidance Donation Fund
Subject
Old Library
Agreement to Purchase and Sell Real Estate
Langwick Subdivision
Area
1028 20th Place
Alternate Name
Indian River County Annex Building
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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 August __:z) , 2017, by and between the Seller, Indian <br />River County, ("County"), a political subdivision of the State of Florida, whose address is <br />1801 27th Street, Vero Beach, FL 32960; and the Buyer, Youth Guidance Donation Fund <br />of Indian River County, Inc., a Florida not for profit corporation, ("Youth Guidance"), whose <br />address is P. O. Box 121, Vero Beach, Florida 32961. <br />WHEREAS, the County is the owner of real property located at 1028 20th Place, <br />Vero Beach, FL 32960, commonly known as the Old Library; and <br />WHEREAS, Youth Guidance is a not for profit corporation organized for the <br />purposes of providing mentoring and activities programs for youths of Indian River County <br />and thereby promotes community interest and welfare for the citizens of Indian River <br />County; and <br />WHEREAS, Youth Guidance has been occupying a portion of the Old Library <br />property under a lease since 2012, and occupied the property without a formal written <br />lease for the several years prior to 2012; and <br />WHEREAS, Youth Guidance has approached the County with an offer to purchase <br />the entire Old Library property; and <br />WHEREAS, the Old Library is not needed for County purposes and Youth Guidance <br />desires to use the Old Library to continue to promote community interest and welfare; and <br />WHEREAS, the Board of County Commissioners of Indian River County has <br />adopted a resolution approving this sale of county owned property pursuant to Section <br />125.38, Florida Statutes (2017), <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, <br />covenants and premises hereinafter recited, the County and Youth Guidance agree as <br />follows: <br />1. Agreement to Purchase and Sell. The County hereby agrees to sell to Youth <br />Guidance, and Youth Guidance hereby agrees to purchase from County, upon the terms <br />and conditions set forth in this Agreement, that certain parcel of real property located at <br />1028 20th Place Vero Beach, FL 32960 and more specifically described on Exhibit "A" <br />attached hereto and incorporated by reference, containing approximately 0.81 acres, and <br />all improvements thereon, together with all easements, rights and uses now or hereafter <br />belonging thereto (collectively, the "Property"). <br />2. Purchase Price, Effective Date. The purchase price ("Purchase Price") for the <br />
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