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2008-108
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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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relating to the Property, the title commitment, the Survey, engineering <br /> studies and reports, site plans, Environmental Site Assessment(s), and all <br /> other information developed by Corrigan relating to the Property. Further, <br /> the District agrees to reimburse Corrigan for the costs associated with the <br /> preparation of the survey, attorneys' fees, title commitment and title <br /> insurance costs , and such other costs as may be reasonably incurred by <br /> Corrigan in preparation for closing, in which event Corrigan and the District <br /> shall be deemed released from any and all obligations under this Agreement, <br /> but retaining all other legal rights. <br /> (C) The remedies described in this paragraph 25 shall be the sole <br /> remedies available to the parties in the event of a default. <br /> 26 . Further Documentation. The parties agree that at any time <br /> following a request therefor by the other party, each shall execute and deliver <br /> to the other party such further documents and instruments , in form and <br /> substance reasonably necessary to confirm and/or effectuate the obligations <br /> of either party hereunder and the consummation of the transaction <br /> contemplated hereby. The obligations of Seller and Buyer pursuant to this <br /> Paragraph shall survive the closing hereunder. <br /> 27 . Binding Obligation. Upon execution by Corrigan, the District <br /> shall have until three Business Days following its next regularly scheduled <br /> Governing Board meeting, to accept and execute this Agreement. <br /> 28. Definitions. As used herein, the term "Business Days" shall <br /> mean those days during which the Buyer is open for regular public business. <br /> 29 . Radon Gas . Radon is a naturally occurring radioactive gas <br /> that, when it has accumulated in a building in sufficient quantities, may <br /> present health risks to persons who are exposed to it over time. Levels of <br /> radon that exceed federal and state guidelines have been found in buildings <br /> in Florida. Additional information regarding radon and radon testing may be <br /> obtained from your county public health unit. <br /> 30. Contingencies. <br /> (A) The District and Corrigan acknowledge that this Agreement <br /> for Exchange and Sale of Real Property and Settlement Agreement is being <br /> entered into, in part, in voluntary settlement of certain claims as more <br /> specifically described in a Release and Hold Harmless Agreement to be <br /> entered into between the parties at closing . In said Release and Hold <br /> Harmless Agreement Corrigan shall release the District from past, present <br /> and future claims of Corrigan with respect to Parcel 1, Parcel 2, and the <br /> remaining ownership of Corrigan in the vicinity of Parcel 1 and Parcel 2 <br /> located west of Interstate 95 . The Release and Hold Harmless Agreement to <br /> be executed at closing is attached hereto as Exhibit "D " and by this reference <br /> made a part hereof. <br /> (B) Corrigan shall retain the same rights currently enjoyed <br /> by Corrigan to discharge and withdraw water onto and from Parcel 1 ; <br /> provided, however, that should such discharge or withdrawal of water <br /> 13 <br /> 455 <br />
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