3/9/2016 9:37:53 AM
10/1/2015 3:35:37 AM
Official Document Type
Agenda Item Number
Michael and Taffi Abt
Property purchase 66th Ave. expansion Right of Way
6780 85Th St.
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� 4 () (7 <br /> 13A <br /> ,a 6q- ls-© <br /> AGREEMENT TO PURCHASE , SELL , AND LEASE REAL ESTATE <br /> BETWEEN <br /> MICHAEL AND TAFFI ABT AND INDIAN RIVER COUNTY <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ( "Agreement" ) <br /> is made and entered into as of the 2nd day of dune , 20099 by and between <br /> Indian River County , a political subdivision of the State of Florida ( "COUNTY ' ) , and <br /> Michael and Taffi Abt , ( "SELLERS " ) , who agree as follows : <br /> WHEREAS , SELLERS own property located at 6780 85th Street , Vero Beach , <br /> Florida . A sketch of said property is attached hereto as Exhibit "A" and incorporated by <br /> reference herein ( "the Sketch" ) ; and <br /> WHEREAS , COUNTY , is scheduled to expand CR510 and 66th Avenue in the <br /> near future and the road expansion will impact and affect Abts' property; and <br /> WHEREAS , in order for COUNTY to proceed with its road expansion plans , <br /> COUNTY needs to purchase property to be used as right-of-way from landowners <br /> adjacent to CR510 and 66th Avenue ; and <br /> WHEREAS , COUNTY has contacted SELLERS and has offered to purchase <br /> approximately 4 . 03 acres of property from SELLERS to be used as right-of-way as <br /> depicted on the Sketch (the Property) ; and <br /> WHEREAS , SELLERS are represented by Raymer F . Maguire III of the law firm <br /> of Fixel , Maguire & Willis , 1010 Executive Center Drive , Suite 121 , Orlando , Florida ; and <br /> WHEREAS , COUNTY is prepared to take the Property by using its power of <br /> eminent domain ; and <br /> WHEREAS , SELLERS and COUNTY wish to avoid the risk , time and expense of <br /> litigation by entering into this agreement for sale and purchase of the Property ; <br /> NOW, THEREFORE , in consideration of the mutual terms , conditions , promises , <br /> covenants and premises hereinafter, COUNTY and SELLERS agree as follows : <br /> 1 . Recitals . The above recitals are affirmed as being true and correct and are <br /> incorporated herein <br /> Page 1 of 8 <br />
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