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2008-152 A
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2008-152 A
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Last modified
3/30/2016 1:44:57 PM
Creation date
10/1/2015 12:59:06 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Memorandum of Understanding
Approved Date
05/13/2008
Control Number
2008-152A
Agenda Item Number
10.A.1
Entity Name
City of Fellsmere Florida Communities Trust
Subject
Memorandum of Understanding Exhibit A & B
Fellsmere Trailhead Preserve Site
Area
NW Corner of I-95 and CR 512
Supplemental fields
SmeadsoftID
7984
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20. ASSIGNMENT, This Agreement may be assigned by Purchaser, in which event Purchaser will <br /> provide written notice of assignment to Seller, This Agreement may not be assigned by Seller without the prior <br /> written consent of Purchaser, p <br /> 21 , TIME. Time is of essence with regard to all dates or to set forth in this Agreement. <br /> 22. SEVERA 11ITY, In the event any of the provisions of this Agreement are deemed to be <br /> unenforceable, the enforceability of the remaining provisions of this Agreement shall not be affected, <br /> 23 . SUCCESSOR IN .INTEREST. Upon Seller's execution of this Agreement, SeIler's heirs, legal <br /> representatives, successors and assigns will be bound by it. Upon Purchaser's approval of this Agreement and <br /> Purchaser's exercise of the option, Purchaser and Purchaser's successors and assigns will be bound by it, <br /> Whenever used, the singular shall include the plural and one gender shall include all genders, <br /> 249 ENTIRE AGREEM NT. This Agreement contains the entire agreement between the parties <br /> pertaining to the subject matter contained in it and supersedes all prior and contemporaneous agreements, <br /> representations and understandings of the parties. No supplement, modification or amendment to this <br /> Agreement shall be binding unless executed in writing by the parties. <br /> 25. WDA IM. Failure of Purchaser to insist upon strict performance of any covenant or condition of this <br /> Agreement, or to exercise any right herein contained, shall not be construed as a waiver or relinquishment for <br /> the future of any such covenant, condition or right; but the same shall remain in full force and effect. <br /> 26. AGREEMENT EFFossoosssECTIVE. This Agreement or any modification, amendment or alteration thereto, <br /> shall not be effective or binding upon any of the parties hereto until it has been executed by all of the parties <br /> hereto, <br /> 27. ADDENDUM. Any addendum attached hereto that is signed by the parties shall be deemed a part of <br /> this Agreement. <br /> 628• NOTICE. Whenever either party desires is required to give notice unto the other, it must be given <br /> y written notice, and either delivered personally or mailed to the appropriate address indicated on the first <br /> page of this Agreement, or such other address as is designated in writing by a party to this Agreement, <br /> 29. �AL. The covenants, warranties, representations, indemnities and undertakings of Seller set <br /> forth in this Agreement shall survive the closing, the delivery and recording ofthe deed described in paragraph <br /> 8 . of this Agreement and Local Government's possession of the Property, <br /> THIS AGREEMENT IS INITIALLY ' TRANSMITTED TO THE SELLER AS AN OFFER, 1F THIS <br /> AGREEMENT IS NOT EXECUTED BY THE SELLER ON OR BEFORE FEBRUARY 25, 2008, THIS <br /> OFFER WILL BE VOID UNLESS THE PURCHASER, AT ITS SOLE OPTION, ELECTS TO ACCEPT <br /> THIS OFFER, THE EXERCISE OF THIS OPTION IS SUBJECT TO: (1 ) APPROVAL OF THIS <br /> AGREEMENT, TOTAL PURCHASE PRIQE, ACQUIRING AGENCY'S PURCHASE PRICE, AND <br /> LOCAL GOVERNMENT'S PURCHASE PRICE BY PURCHASER, (2) ACQUIRING AGENCY'S <br /> GOVERNING BODY GRANTING PROJECT PLAN APPROVAL IN ACCORDANCE WITH RULE 9K.. <br /> S .OI 1 , FLORIDA ADMINISTRATIVE CODE, (3) CONFIRMATION THAT THE TOTAL PURCHASE <br /> PRICE IS NOT IN EXCESS OF THE FINAL MAXIMUM APPROVED PURCHASE PRICE OF THE <br /> January 16 , 2008 Page 6 n <br /> 07-030 - FF7 lJ + <br />
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