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2008-175
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2008-175
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Last modified
4/4/2016 1:39:44 PM
Creation date
10/1/2015 12:12:49 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/03/2008
Control Number
2008-175
Agenda Item Number
8.DD.
Entity Name
Frost, Anne
Subject
Grant of Easement Agreement
Area
9300 Highway A1 A
Supplemental fields
SmeadsoftID
7049
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which would impair or otherwise affect title to any portion of the Easement, and shall record <br /> no documents in the Public Records which would affect title to the Easement, without the <br /> prior written consent of the County. <br /> 4 . 3 There are no existing or pending special assessments affecting the Easement, <br /> which are or may be assessed by any governmental authority , water or sewer authority, <br /> school district, drainage district or any other special taxing district. <br /> 5 . Default. <br /> 5 . 1 In the event the County shall fail to perform any of its obligations hereunder, the <br /> Seller shall , at its sole option , be entitled to : (i) terminate this Agreement by written notice <br /> delivered to the County at or priorto the Closing Date and thereupon neither the Seller nor <br /> any other person or party shall have any claim for specific performance , damages , or <br /> otherwise against the County ; or (ii) waive the County's default and proceed to Closing . <br /> 5 . 2 In the event the Seller shall fail to perform any of its obligations hereunder, the <br /> County shall , at its sole option , be entitled to : ( i) terminate this Agreement by written notice <br /> delivered to the Seller at or prior to the Closing Date and thereupon neither the County nor <br /> any other person or party shall have any claim for specific performance , damages or <br /> otherwise against the Seller; or ( ii) obtain specific performance of the terms and conditions <br /> hereof; or (iii) waive the Seller's default and proceed to Closing : <br /> 6 . Closing . <br /> 6 . 1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") <br /> shall take place within 45 days following the Board of County Commissioner's approval of <br /> this Agreement. The parties agree that the Closing shall be as follows : <br /> (a) The Seller shall execute and deliverto the County an Easement in the Property, free <br /> and clear of all liens and encumbrances and in the condition required by paragraph 3 . <br /> (b) The Seller shall have removed all of its personal property and equipment from the <br /> Easement and Seller shall deliver possession of the Easement to County vacant and in the <br /> same or better condition that existed at the Effective Date hereof. <br /> (c) If Seller is obligated to discharge any encumbrances at or prior to Closing and fails <br /> to do so , County may use a portion of Purchase Price funds to satisfy the encumbrances . <br /> (d) If the Seller is a non-resident alien or foreign entity , Seller shall deliverto the County <br /> an affidavit, in a form acceptable to the County , certifying that the Seller and any interest <br /> holders are not subject to tax under the Foreign Investment and Real Property Tax Act of <br /> 1980 . <br /> (e) The Seller and the County shall each deliver to the other such other documents or <br /> instruments as may reasonably be required to Close this transaction . <br /> 3 <br />
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