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2022-232
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Last modified
2/13/2023 9:55:53 AM
Creation date
11/23/2022 2:02:52 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
11/08/2022
Control Number
2022-232
Agenda Item Number
12.G.2.
Entity Name
Old Dixie 4086 LLC
Subject
Agreement to Purchase and Sell Real Property 4086 Old Dixie Highway and 2185 41st Street
Warranty Deed and Closing Statement
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AGREEMENT TO PURCHASE, SELL, AND LEASE REAL ESTATE <br />BETWEEN INDIAN RIVER COUNTY <br />AND <br />OLD DIXIE 4086 LLC <br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement') <br />is made and entered into as of the q day of p�b�-, 202_, by and between Indian <br />River County, a political subdivision of the State of Florida ("the County"), and Old Dixie <br />4086, LLC, ("the Seller) who agree as follows: <br />WHEREAS, Seller owns properties located at 2185 41st Street, Vero Beach, <br />Florida 32960 (Parcel A) and 4086 Old Dixie Highway, Vero Beach, Florida 32960 <br />(Parcel B). Legal descriptions of the properties are attached to this agreement as <br />Exhibit "A" and incorporated by reference herein; and <br />WHEREAS, the County contacted the Seller to purchase the parcels of <br />approximately 0.24 acres of property as depicted on Exhibit "A", and <br />WHEREAS, the County is currently purchasing property from willing sellers; 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 <br />set forth in this Agreement that certain parcels of real property located at 2185 41st <br />Street, Vero Beach, Florida 32960 (Parcel A) and 4086 Old Dixie Highway, Vero Beach, <br />Florida 32960 (Parcel B) and more specifically described in the legal descriptions <br />attached as Exhibit "A", fee simple, containing a total of approximately 0.24 acres, all <br />improvements thereon, together with all easements, rights and uses now or hereafter <br />belonging thereto (collectively, the "Properties"). <br />2.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the <br />Properties shall be $90,000.00 (Ninety Thousand and 00/100 Dollars). The Purchase <br />Price shall be paid on the Closing Date. The Effective Date of this Agreement shall be <br />the date upon which the County shall have approved the execution of this Agreement, <br />either by approval by the Indian River County Board of County Commissioners at a <br />formal meeting of such Board or by the County Administrator pursuant to his delegated <br />authority. <br />3. Title. Seller shall convey marketable title to the Properties by warranty deed free <br />of claims, liens, easements and encumbrances of record or known to Seller; but subject <br />to property taxes for the year of Closing and covenants, restrictions and public utility <br />
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