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12/17/2019 (3)
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12/17/2019 (3)
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Last modified
5/18/2020 2:38:46 PM
Creation date
5/18/2020 2:36:05 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/17/2019
Meeting Body
Board of County Commissioners
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9. E <br />MEMORANDUM <br />TO: Board of County Commissioners <br />FROM: Dylan Reingold, County Attorney <br />DATE: December 6, 2019 <br />SUBJECT: Premier Citrus, LLC Purchase and Sale Agreement Amendment <br />BACKGROUND. <br />On November 12, 2019, the Indian River County Board of County Commissioners (the "Board") approved <br />a purchase and sale agreement with Premier Citrus, LLC for the purchase of 243.50 acres located east of <br />I-95 (the "Agreement"). The purchase price is $5,950,000. Under the Agreement, the closing date falls <br />during the holiday season. The County Attorney's Office recommends that the Board approve an <br />amendment to the Agreement clarifying that the closing will occur on or before January 17, 2020. There <br />are no other changes to the Agreement. <br />RECOMMENDATION. <br />The County Attorney's Office recommends that the Board of County Commissioners authorize the <br />Chairman to sign the Amendment to the Purchase and Sale Agreement, after review and approval by the <br />County Attorney. <br />ATTACHMENT. <br />Proposed Amendment to the Purchase and Sale Agreement <br />55 <br />
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