3/7/2016 12:17:44 PM
10/1/2015 3:32:15 AM
Official Document Type
Agenda Item Number
Jones Arthur Lee
Right of Way Acquisition CR510 expansion
6200 85th St.
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ORIGINAL4Aa C ,y <br /> AGREEMENT TO PURCHASE , SELL , AND LEASE REAL ESTATE <br /> BETWEEN INDIAN RIVER COUNTY <br /> AND <br /> ARTHUR LEE JONES <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ( "Agreement" ) is <br /> made and entered into as of the 5th day of May , 2009 , by and between Indian <br /> River County , a political subdivision of the State of Florida ("the County" ) , and Arthur Lee <br /> Jones , (" Seller" ) , who agree as follows : <br /> WHEREAS , Arthur Lee Jones owns property located at 6200 85th Street , Sebastian , <br /> Florida . A sketch and legal description of the property is attached to this agreement as <br /> Exhibit "A" and incorporated by reference herein ; and <br /> WHEREAS , the County , is scheduled to expand CR510 in the future and the road <br /> expansion will impact and affect the Jones property ; and <br /> WHEREAS , in order for the County to proceed with its road expansion plans , the <br /> County needs to purchase property to be used as right-of-way from landowners adjacent to <br /> CR510 ; and <br /> WHEREAS , the County has contacted Arthur Lee Jones and has offered to purchase <br /> approximately 3720 square feet of property for a purchase price of $ 9 , 839 . 40 to be used as <br /> right-of-way as depicted on Exhibit "A" (the Property) ; and <br /> WHEREAS , the County is prepared to take the Property by using its power of eminent <br /> domain ; and <br /> WHEREAS , Arthur Lee Jones and the County wish to avoid the risk , time and <br /> expense of litigation by entering into this agreement for sale and purchase of the Property ; <br /> NOW , THEREFORE , in consideration of the mutual terms , conditions , promises , <br /> covenants and premises hereinafter, the COUNTY and SELLER agree as follows : <br /> 1 . Recitals . The above recitals are affirmed as being true and correct and are <br /> incorporated herein <br /> 2 . Agreement to Purchase and Sell . The Seller hereby agrees to sell to the County , and <br /> the County hereby agrees to purchase from Seller , upon the terms and conditions set forth in <br /> 1 <br />
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