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AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br />BETWEEN INDIAN RIVER COUNTY <br />AND <br />KINCHEN GROVES, INC. <br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is <br />made and entered into as of the 13th day of October , 2020, by and between Indian <br />River County, a political subdivision of the State of Florida ("the County"), and Kinchen <br />Groves, Inc. ("the Sellers") who agree as follows: <br />WHEREAS, Seller owns property located at 7655 66th Avenue, Vero Beach, FL, <br />Vero Beach, Florida. An aerial photo of the Property is attached to this agreement as <br />Exhibit "A", incorporated by reference herein; and <br />WHEREAS, the County is scheduled to do road improvements on 66th Avenue <br />between 69th Street and 81St 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 66" Avenue; and <br />WHEREAS, the County contacted the Seller and offered to purchase a portion of <br />the property, consisting of approximately 0.52 acres of property as depicted on Exhibit <br />"A", and <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. 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 parcel of real property located at 7655 66th Avenue, Vero <br />Beach, FL and more specifically described in the legal description attached as Exhibit "A", <br />fee simple, containing 0.52 acres, all improvements thereon, together with all easements, <br />rights and uses now or hereafter belonging thereto (collectively, the "Property"). <br />2.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the <br />Property shall be $25,542 (Twenty Five Thousand Five Hundred and Forty Two, 00/100 <br />Dollars). The Purchase Price amount includes the cost of Kinchen Groves, Inc. engineering <br />analysis on this parcel coming out to $3,192 (Three Thousand One Hundred and Ninety <br />Two, 00/100 Dollars). The Purchase Price shall be paid on the Closing Date. The <br />Effective Date of this Agreement shall be the date upon which the County shall have <br />approved the execution of this Agreement, either by approval by the Indian River County <br />