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2019-049
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2019-049
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Last modified
9/11/2020 2:06:43 PM
Creation date
3/27/2019 10:27:29 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/26/2019
Control Number
2019-049
Agenda Item Number
12.G.1.
Entity Name
Premier Citrus LLC
Subject
Acquisition of Three Parcels
Warranty Deed
Area
Indian Springs; Seminole Acres; Ranch Road 82nd Ave 4th St 90th Ave and 1st St
Alternate Name
Water Retention, Storage and/or nutrient treatment
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no documents in the Public Records which would affect title to the Property, without the <br />prior written consent of the County. <br />5.3 There are no existing or pending special assessments affecting the Property, which <br />are or may be assessed by any governmental authority, water or sewer authority, school <br />district, drainage district or any other special taxing district. <br />5.4 Seller shall permit the County or its agents to access the property upon reasonable <br />notice to perform the necessary testing and examinations in order to determine the <br />suitability of the Property for the County's purposes. Following the completion of the <br />testing and examination, the Property shall be returned to its original condition, reasonable <br />wear and tear excepted. <br />5.5 Seller does not make any warranties or representations regarding the condition of <br />the property or its suitability for County's specific purpose. It is further acknowledged by <br />Seller and County that the property is in as -is condition, and Seller shall not be required to <br />repair or remediate any unfavorable conditions found upon the property, other than title <br />defects as specified further in this Section 5. <br />6. Default. <br />6.1 In the event the County shall fail to perform any of its obligations hereunder, the <br />Seller shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice <br />delivered to the County at or prior to the Closing Date and thereupon neither the Seller nor <br />any other person or party shall have any claim for specific performance, damages, or <br />otherwise against the County; or (ii) waive the County's default and proceed to Closing. <br />6.2 In the event the Seller shall fail to perform any of its obligations hereunder, the <br />County shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice <br />delivered to the Seller at or prior to the Closing Date and thereupon neither the County nor <br />any other person or party shall have any claim for specific performance, damages or <br />otherwise against the Seller; or (ii) obtain specific performance of the terms and conditions <br />hereof; or (iii) waive the Seller's default and proceed to Closing: <br />7. Closing. <br />7.1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") <br />shall take place twenty (20) days following the expiration of the suitability period, as defined <br />in Section 3.1. The parties agree that the Closing shall be as follows: <br />(a) The Seller shall execute and deliver to the County a warranty deed conveying <br />marketable title to the Property, free and clear of all liens and encumbrances and in the <br />condition required by paragraphs 3 and 4. <br />-3- <br />
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