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<br /> THIS INSTRUMENT PREPARED BY
<br /> GEORGE GLENN , ASSISTANT
<br /> COUNTY ATTORNEY
<br /> RETURN TO : COUNTY ATTORNEY ' S OFFICE
<br /> Parcel ID Number : 32 - 39 -26 - 00010 - 0080- 00110 . 0
<br /> .?oma 1 • lG �
<br /> COUNTY DEED
<br /> THIS COUNTY DEED made and executed this 1st day of December , 2009 , by Indian River
<br /> County , a political subdivision of the State of Florida , whose mailing address is 1801 27th Street ,
<br /> Vero Beach , FL 32960 , hereinafter called " Grantor" or " County " to Coalition for Attainable Homes ,
<br /> Inc . , a Florida Not-for- Profit corporation , whose address is 1717 Indian River Blvd . , Suite 301 , Vero
<br /> Beach , FL 32960 , hereinafter called " Grantee " :
<br /> WITNESSETH :
<br /> WHEREAS , Indian River County as Grantor , pursuant to the requirements of Section
<br /> 125 . 379 Florida Statutes , prepared a list of County-owned land appropriate for the provision of
<br /> affordable housing ; and
<br /> WHEREAS , Indian River County as Grantor , on June 19 , 2007 , following a duly noticed
<br /> public hearing , adopted Resolution 2007 -068 , finding that certain County- owned parcels , as set
<br /> forth therein , were appropriate for the provision of affordable housing ; and
<br /> WHEREAS , Indian River County as Grantor agreed to donate the parcels to non - profit
<br /> housing organizations for the construction of homes for very- low- income and low- income
<br /> households ; and
<br /> WHEREAS , Grantee is a Florida non - profit corporation and a corporation organized
<br /> exclusively for charitable , religious , literary , scientific , and educational purposes as set forth in
<br /> section 501 ( c ) ( 3 ) of the Internal Revenue Code of 1986 , as amended ( " Section 501 ( c ) ( 3 ) Entity
<br />" ) ,
<br /> and specifically organized for the purpose of building homes for very- low- income and low- income
<br /> households ; and
<br /> WHEREAS , Grantee has formally requested that Indian River County as Grantor donate
<br /> the land conveyed herein to Grantee for the construction of homes for very - low- income and low -
<br /> income households ; and
<br /> WHEREAS , Grantee acknowledges and agrees that this Deed contains restrictive
<br /> covenants running with the land conveyed herein .
<br /> NOW THEREFORE , Grantor , for and in consideration of the sum of TEN AND NO/ 100
<br /> DOLLARS ( $ 10 . 00 ) , and other valuable consideration , receipt whereof is hereby acknowledged , by
<br /> these presents has granted , bargained , and sold to Grantee , its successors and assigns , forever ,
<br /> the following described lands lying and being in Indian River County , Florida and more specifically
<br /> described in Exhibit A attached hereto and made a part hereof and hereinafter referenced as the
<br /> " Lot" :
<br /> SUBJECT TO restrictions , reservations , covenants and easements of record , if any , to the
<br /> extent that the same are valid and enforceable , and to taxes subsequent to December 31 , 2009 ,
<br /> and
<br /> SUBJECT TO that certain reversionary interest in the Grantor as set forth in Exhibit " B "
<br /> attached hereto and made a part hereof; and
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