09/18/2018 - Laserfiche WebLink

Home Browse Search

Dylan Reingold, County Attorney William K. DeBraal, Deputy County Attorney Kate Pingolt Cotner, Assistant County Attorney ICA, Of CB of County Administrator 09/18/2018 INDIAN RIVER COUNTY MEMORANDUM TO: Board of County Commissioners THROUGH: Jason E. Brown, County Administrator FROM: William K. DeBraal, Deputy County Attc DATE: September 12, 2018 ATTORNEY SUBJECT: Agreement for Sale and Purchase of Dodgertown Golf Course Property Staff is continuing to negotiate the terms of the proposed purchase of the former Dodgertown Golf Course (the Property) at the southeast corner of Aviation. Boulevard and 431d Avenue. The 35.24 acre parcel of property lies adjacent to the County owned Historic Dodgertown Complex. On September 11, 2018, the Board of County Commissioners approved an offer to purchase the Property for $2,400,000. On September 12, the County Administrator received the attached Agreement for Sale and Purchase (Agreement) from the City Manager for the Dodgertown Golf Course parcel. The terms of the Agreement are as follows: Purchase Price: $2,400,000 Deposit: $50,000 to be made upon full execution of the Agreement to an escrow agent (title company) of the County's choosing Conveyance: Fee Simple title to the 35.24 acres by Special Warranty Deed subject to the "Permitted Exceptions" which are: ➢ deed restrictions prohibiting the Property from being used for residential development ➢ existing City of Vero Beach Utility easements ➢ Runway Protection Zone at the northwest corner of the property and any avigation easements From Paragraph 1. (c) "Final description and total Property area may be adjusted to accommodate 'Aviation Boulevard 43rd Avenue right-of-way roadway project." See the sketch and legal description of the 0.02 acre (802 square foot) corner clip attached. The Property is currently zoned AL -1 and ALI-MC The County pays all closing costs, estimated to be $16,800, plus our title insurance, appraisal fees and Phase I environmental costs. 169