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2022-232
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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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If to County: Indian River County <br />1801 27th Street <br />Vero Beach, FL. 32960 <br />Attn: Land Acquisition/Andrew Sechen <br />Either party may change the information above by giving written notice of such change <br />as 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 <br />successors and assigns, and are not made for the benefit of, nor may they be relied <br />upon, by any other person whatsoever. <br />9.6 Attorney's Fees and Costs. In any claim or controversy arising out of or relating <br />to this Agreement, each party shall bear its own attorney's fees, costs, and expenses. <br />9.7. Counterparts. This Agreement may be executed in two or more counterparts, <br />each 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 <br />partnership, corporation, trust, or any form of representative capacity whatsoever for <br />others, Seller shall provide a fully completed, executed, and sworn beneficial <br />interest disclosure statement in the form attached to this Agreement as an exhibit that <br />complies with all of the provisions of Florida Statutes Section 286.23 prior to approval of <br />this Agreement by the County. However, pursuant to Florida Statutes Section 286.23 <br />(3) (a), the beneficial interest in any entity registered with the Federal Securities and <br />Exchange Commission, or registered pursuant to Chapter 517, Florida Statutes, whose <br />interest is for sale to the general public, is exempt from disclosure; and where the Seller <br />is a non-public entity, that Seller is not required to disclose persons or entities holding <br />less than five (5%) percent of the beneficial interest in Seller. <br />
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