Laserfiche WebLink
10 . 7 Counterparts , This Agreement may be executed in two or more counterparts , <br /> each one of which shall constitute an original . <br /> 10 . 8 County Approval Required : This Agreement is subject to approval by Indian River <br /> County as set forth in paragraph 2 . <br /> 10 . 9 Beneficial Interest Disclosure : In the event Sellers are a partnership , limited <br /> partnership , corporation , trust , or any form of representative capacity whatsoever for <br /> others , Sellers shall provide a fully completed , executed , and sworn beneficial interest <br /> disclosure statement in the form attached to this Agreement as an exhibit that complies <br /> with all of the provisions of Florida Statutes Section 286 . 23 prior to approval of this <br /> Agreement by the County . However, pursuant to Florida Statutes Section 286 . 23 ( 3 ) <br /> ( a ) , the beneficial interest in any entity registered with the Federal Securities and <br /> Exchange Commission , or registered pursuant to Chapter 517 , Florida Statutes , whose <br /> interest is for sale to the general public , is exempt from disclosure ; and where the <br /> Sellers are a non-public entity , that Sellers are not required to disclose persons or <br /> entities holding less than five ( 5 % ) percent of the beneficial interest in Sellers . <br /> 11 . Driveway Connections : In order that trucks , trailers and other agricultural <br /> equipment can safely ingress/egress the property , the County agrees to be responsible <br /> for the following : twenty-four foot (24' ) driveway constructed at Station 509 + 90 . 22 on <br /> 53 Id Street and a twenty-four foot (24 ' ) driveway constructed just west of the southeast <br /> corner of the remainder property . Daniel L . Morris , P . E . , of Morris Engineering, Inc . , <br /> has prepared a sketch depicting the location of the proposed center of the driveway <br /> connection at Station 509 + 90 . 22 . See attached Exhibit " C" . <br /> 12 . Grandfather Clause : The County shall document in a separate letter or <br /> document Sellers' right to divide the remainder property into four single family residence <br /> parcels even though none of the parcels will be the minimum five acres required by <br /> current zoning . <br /> 13 . Artesian Well , The County hereby agrees to be responsible for the artesian well <br /> that exists in the area of taking . The artesian well has a turn valve installed but no other <br /> equipment exists . If the County intends to cap the well , County agrees to do so at its <br /> own expense and will relieve Sellers from any liability associated with the well . <br /> 14 . Wye River Farms , Inc. This Agreement is based on Indian River County' s project <br /> specifications and as said plans relate to Parcel Nos . 165 and 166 and the remainder <br /> being implemented by the County . Accordingly , if the project is not so implemented , <br /> Sellers shall have the same remedies as would have been afforded to them had the <br /> case been resolved by verdict with said plans and specifications having been made a <br /> part of the record at trial . Central & Southern Florida Flood Control District v. Wye River <br /> Farms, Inc. , 297 So . 2d 323 ( Fla . 4th DCA 1974) ; cert. denied 310 So . 2d 745 ( Fla . <br /> 1975 ) . This provision shall survive the closing. <br /> Page 6 of 7 <br />