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2008-108
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Last modified
2/13/2017 4:18:48 PM
Creation date
10/1/2015 12:04:33 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/08/2008
Control Number
2008-108
Agenda Item Number
10.A.3
Entity Name
St. Johns River Water Management District
SJRWMD
Subject
Assignment,Settlement, and Covenant Appeal Corrigan family
Sand Lakes tract
Area
Sand Lakes Tract
Project Number
Case # WMD-07-017
Supplemental fields
SmeadsoftID
6956
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(G) Not withstanding any language contained in the Paragraphs 8 (A) <br /> through (F) , above, the Seller shall provide no further environmental <br /> warranties to Buyer after date of closing. <br /> 9 . The Closing. <br /> (A) The closing of transfer of title for the exchange of the Property <br /> shall take place at the Offices of Wright, Pulford, Moorhead & Brown, P .A. , <br /> 145 North Magnolia Avenue, Orlando , Florida 32802, Telephone (407) 425- <br /> 0234, Telecopier (407) 425-0260, on the later of 1) 10 : 00 a.m . , Friday, April <br /> 15, 2008, or ii) no later than ten ( 10) days following the final disposition of <br /> any and all existing and future petitions on appeal regarding the September <br /> 2007 Agreement or the Agreement as set forth herein. Provided, however, in <br /> no event shall closing occur any later than March 10, 2009 . If the Closing is <br /> delayed beyond March 10, 2009 due to an administrative or other appeal by a <br /> third party, this Agreement may be terminated by either party and <br /> thereafter the parties hereto shall have no further responsibility under this <br /> Agreement, and all rights and claims of the parties are otherwise preserved. <br /> (hereinafter and heretofore referred to as the "Closing Date") . <br /> (B ) The Closing Agent for the transaction shall be Wright, Fulford, <br /> Moorhead and Brown, P.A. <br /> 10 . . Closing Costs, Prorations and Adjustments. The following <br /> items are to be paid at closing by the party indicated and in the manner set <br /> forth: <br /> (A) Real property taxes on Parcel 1 shall be prorated between <br /> Seller and Buyer as of midnight on the date immediately preceding the <br /> Closing Date. Real Property taxes shall be prorated on the basis of current <br /> year's taxes, if known. If the closing shall occur before the amount of current <br /> taxes may be determined, such taxes shall he apportioned upon the basis of <br /> the taxes for the most recent year applied to the latest assessed valuation <br /> and shall be promptly readjusted when the current taxes are ascertained, <br /> and a statement to that effect shall be set forth in the closing statement. If <br /> applicable, real property taxes shall be escrowed at closing in accordance <br /> with ,the provisions of Section 196 .295 , Florida Statutes. Real property taxes <br /> on Parcel 2 shall be the responsibility of Corrigan subsequent to the date of <br /> closing, as the District is exempt from such taxes prior to the date of closing. <br /> (B) The cost of recording the Deeds, any corrective instruments, <br /> and other documents executed at closing deemed necessary to effect the <br /> exchange, the fee owner's title insurance premium for the title policies <br /> described in the paragraph hereof entitled Evidence of Title to be obtained by <br /> the District, the cost of the survey and Iegal description called for by the <br /> paragraph hereof entitled Survey and Legal Description to be obtained by the <br /> District, the cost of title information reports and updates thereof, and the <br /> documentary stamp tax which is required to be affixed to any instrument of <br /> conveyance shall be paid as follows: the District shall pay all such costs as <br /> related to Parcel 1 and Parcel 2 . <br /> 8 <br /> 450 <br />
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