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2022-087
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2022-087
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Last modified
6/13/2022 10:30:26 AM
Creation date
6/13/2022 10:29:35 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/10/2022
Control Number
2022-087
Agenda Item Number
13.B.
Entity Name
Cherry Lane Estates, Inc. of Vero Beach
Subject
Agreement to Purchase and Sell Real Estate 0.226 acres of land
5825 33rd Street for future right-of-way
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Vero Beach, FL 32960 <br />Attn: Land Acquisition/Monique Filipiak <br />Either party may change the information above by giving written notice of such change as <br />provided in this paragraph. <br />9.5 Survival and Benefit. Except as otherwise expressly provided herein, each <br />agreement, representation or warranty made in this Agreement by or on behalf of either <br />party, or in any instruments delivered pursuant hereto or in connection herewith, shall <br />survive the Closing Date and the consummation of the transaction provided for herein. <br />The covenants, agreements and undertakings of each of the parties hereto are made <br />solely for the benefit of, and may be relied on only by the other party hereto, its successors <br />and assigns,. and are not made for the benefit of, nor may they be relied upon, by any other <br />person whatsoever. <br />9.6 Attorney's Fees and Costs. In any claim or controversy arising out of or relating to <br />this Agreement, each party shall bear its own attorney's fees, costs, and expenses. <br />9.7 Counterparts. This Agreement maybe executed in two or more counterparts, each <br />one of which shall constitute an original. <br />9.8 County Approval Required: This Agreement is subject to approval by the Indian <br />River County Board of County Commissioners as set forth in paragraph 2. <br />9.9 Beneficial Interest Disclosure: In the event Seller is a partnership, limited partnership, <br />corporation, trust, or any form of representative capacity whatsoever for others, Seller <br />shall provide a fully completed, executed, and sworn beneficial interest disclosure <br />statement in the form attached to this Agreement as an exhibit that complies with all of the <br />provisions of Florida Statutes Section 286.23 prior to approval of this Agreement by the <br />County. However, pursuant to Florida Statutes Section 286.23 (3) (a), the beneficial <br />interest in any entity registered with the Federal Securities and. Exchange Commission, or <br />registered pursuant to Chapter 517, Florida Statutes, whose interest is for sale to the <br />general public, is exempt from disclosure; and where the Seller is a non-public entity, that <br />Seller is not required to disclose persons or entities holding less than five (5%) percent of <br />the beneficial interest in Seller. <br />9.10 "Seller acknowledges receipt of the "Notice to O r" and understands his/her <br />rights granted under Florida Law Chapters 73 and 74." <br />Initials <br />9.11 Should the water meter for 5855 33rd St. be located in the area orpurchase, or be <br />impacted by the county road project, the County will bear the burden and cost to relocate <br />the meter to the east along the new right of way edge for 58th Ave. and to reconnect to <br />landowner's existing pipe. <br />
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