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2021-135
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2021-135
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Last modified
6/10/2022 3:06:31 PM
Creation date
10/1/2021 12:23:45 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/14/2021
Control Number
2021-135
Agenda Item Number
13.A.
Entity Name
Van Antwerp, Frederick W. & Florence B.
Revocable Trust
Subject
Agreement to Purchase and Sell Real Estate. For Phase II of 66th Avenue Improvements
Recorded Warranty Deed
Area
6555 81st Street, Parcel 132
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ATRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br />THIS AGREEMENT is entered into as of the day of September, 2021, by and <br />between Indian River County, a political subdivision of the State of Florida, whose <br />address is 1801 27th Street, Vero Beach, FL 32960 ("County"), and Frederick W. Van <br />Antwerp and Florence B. Van Antwerp, as Co -Trustees of the Frederick W. Van Antwerp <br />and Florence B. Van Antwerp Revocable Trust Agreement dated 3/19/10, whose <br />address is 6285 81StStreet, Vero Beach, FL 32967 ("Van Antwerp"). <br />WHEREAS, Van Antwerp owns a 4.39 -acre parcel of improved land located at <br />6555 81St Street, Vero Beach, FL 32967 on the east side of 6611 Avenue and south of <br />81St Street as depicted on the aerial photo attached as Exhibit "A"; and <br />WHEREAS, the parcel is zoned A-1, Agricultural, up to one residential unit per five <br />acres and lies outside of the Urban Services Boundary; and <br />WHEREAS, County is undertaking a road expansion project consisting of the <br />widening of 66th Avenue north of 69th Street to County Road 510, for which County needs <br />a 0.99 acre parcel of property (Property) at the western edge of the parcel to be used as <br />right-of-way; and <br />WHEREAS, in order to avoid the uncertainty of trial and the costs of litigation, the <br />Parties have agreed to purchase and sell the above parcel of Property to be used for the <br />second phase of the 66th Avenue Improvement Project. <br />NOW THEREFORE, in consideration of the mutual undertakings herein, and other <br />good and valuable consideration, the receipt and adequacy of which is hereby <br />acknowledged, the parties agree, as follows: <br />Recitals. The above recitals are true and correct and are incorporated herein. <br />1. Agreement to Purchase and Sell. Van Antwerp hereby agrees to sell to the <br />County, and the County hereby agrees to purchase from Van Antwerp, upon the terms <br />and conditions set forth in this Agreement, the 0.99 -acre parcel of real property and more <br />specifically described in Exhibit "B" attached and incorporated by reference herein. <br />2. Purchase Price; Effective Date. The purchase price (the "Purchase Price") for the <br />Property shall be FORTY-FIVE THOUSAND SEVENTY-FIVE dollars ($45,075.00). The <br />Purchase Price shall be paid on the Closing Date. The Effective Date of this Agreement <br />shall be the date upon which the County shall have approved the execution of this <br />Agreement, by the Indian River County Board of County Commissioners at a formal <br />meeting of such Board. <br />3. Title to the Property. Van Antwerp shall convey marketable title to the Property by <br />warranty deed free of claims, liens, easements and encumbrances of record or known to <br />Van Antwerp; but subject to property taxes for the year of Closing and subject to <br />
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