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2018-073A
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2018-073A
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Last modified
12/29/2020 10:32:19 AM
Creation date
4/25/2018 10:15:50 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/17/2018
Control Number
2018-073A
Agenda Item Number
8.E.
Entity Name
Keith Taig
Subject
Agreement to purchase and sell real estate
Warranty Deed
Area
6886 61st Street
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AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br />BETWEEN INDIAN RIVER COUNTY <br />AND <br />KEITH TAIG <br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is <br />made and entered into as of the 17 day of April , 2018, by and between Indian <br />River County, a political subdivision of the State of Florida ("the County"), and Keith Taig <br />("the Seller) who agree as follows: <br />WHEREAS, Seller owns property located at 6886 61st Street, Vero Beach, FL. A <br />legal description of the property is attached to this agreement as Exhibit "A" and <br />incorporated by reference herein; and <br />WHEREAS, the County is scheduled to do road improvements on 66th Avenue <br />between 49th Street and 815t Street in the future and the road expansion will impact the <br />Seller's property; 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 along and <br />adjacent to 66th Avenue -,and <br />WHEREAS, the County contacted the Seller and offered to purchase right-of-way of <br />approximately 4,601 square feet or 0.11 acres of property as depicted on Exhibit "B", and <br />WHEREAS, the Parties agree this is an arm's length transaction between the Seller <br />and the County, without the threat of eminent domain. <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 . <br />ollows: <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 at 6886 61 st Street, Vero <br />Beach, FL and more specifically described in the legal description attached as Exhibit "B", <br />fee simple, containing approximately 4,601 square feet, all improvements thereon, together <br />with all easements, rights and uses now or hereafter belonging thereto (collectively. the <br />"Property"). <br />2.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the <br />Property shall be $7,000.00 (Seven Thousand 00/100 Dollars). The Purchase Price shall <br />be paid on the Closing Date. The Effective Date of this Agreement shall be the date upon <br />which the County shall have approved the execution of this Agreement, either by approval <br />
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