2008-005 - Laserfiche WebLink

Home Browse Search

'Y aoo �? _ 00.5 AGREEMENT TO PURCHASE , SELL , AND LEASE REAL ESTATE BETWEEN HARRY and PAULINE JONES AND INDIAN RIVER COUNTY THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 8th day of January , 200$ , by and between Indian River County, a political subdivision of the State of Florida ("the County') , and Harry and Pauline Jones , ("Seller") , who agree as follows : WHEREAS , Harry and Pauline Jones own property located at 8585 70th Avenue (Powerline Road) Vero Beach , Florida . A sketch and legal description of the property is attached to this agreement as Exhibit "A" and incorporated by reference herein ; and WHEREAS , the County , is scheduled to expand 70th Avenue in the near future and the road expansion will impact and affect the Joneses' property; and WHEREAS , in order for the County to proceed with its road expansion plans , the County needs to purchase property to be used as right-of-way from landowners adjacent to 70th Avenue ; and WHEREAS , the County has contacted the Joneses and has offered to purchase an approximately 1924 square foot (0 . 044 acre) parcel of property from the Joneses to be used as right-of-way as depicted on Exhibit "A" (the Property) ; and WHEREAS , the Joneses are represented by Raymer F . Maguire III of the law firm of Fixel , Maguire & Willis , 1010 Executive Center Drive , Suite 121 , Orlando, Florida ; and WHEREAS, the County is prepared to take the Property by using its power of eminent domain ; and WHEREAS, the Joneses and the County wish to avoid the risk, time and expense of litigation by entering into this agreement for sale and purchase of the Property; NOW, THEREFORE , in consideration of the mutual terms , conditions , promises , covenants and premises hereinafter, the COUNTY and SELLER agree as follows : 1 . Recitals . The above recitals are affirmed as being true and correct and are incorporated herein 1 � ,�