8/18/2017 2:27:01 PM
8/18/2017 2:24:51 PM
Official Document Type
Agenda Item Number
Youth Guidance Donation Fund
Agreement to Purchase and Sell Real Estate
1028 20th Place
Indian River County Annex Building
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AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br />THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is <br />made and entered into as of August __:z) , 2017, by and between the Seller, Indian <br />River County, ("County"), a political subdivision of the State of Florida, whose address is <br />1801 27th Street, Vero Beach, FL 32960; and the Buyer, Youth Guidance Donation Fund <br />of Indian River County, Inc., a Florida not for profit corporation, ("Youth Guidance"), whose <br />address is P. O. Box 121, Vero Beach, Florida 32961. <br />WHEREAS, the County is the owner of real property located at 1028 20th Place, <br />Vero Beach, FL 32960, commonly known as the Old Library; and <br />WHEREAS, Youth Guidance is a not for profit corporation organized for the <br />purposes of providing mentoring and activities programs for youths of Indian River County <br />and thereby promotes community interest and welfare for the citizens of Indian River <br />County; and <br />WHEREAS, Youth Guidance has been occupying a portion of the Old Library <br />property under a lease since 2012, and occupied the property without a formal written <br />lease for the several years prior to 2012; and <br />WHEREAS, Youth Guidance has approached the County with an offer to purchase <br />the entire Old Library property; and <br />WHEREAS, the Old Library is not needed for County purposes and Youth Guidance <br />desires to use the Old Library to continue to promote community interest and welfare; and <br />WHEREAS, the Board of County Commissioners of Indian River County has <br />adopted a resolution approving this sale of county owned property pursuant to Section <br />125.38, Florida Statutes (2017), <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, <br />covenants and premises hereinafter recited, the County and Youth Guidance agree as <br />follows: <br />1. Agreement to Purchase and Sell. The County hereby agrees to sell to Youth <br />Guidance, and Youth Guidance hereby agrees to purchase from County, upon the terms <br />and conditions set forth in this Agreement, that certain parcel of real property located at <br />1028 20th Place Vero Beach, FL 32960 and more specifically described on Exhibit "A" <br />attached hereto and incorporated by reference, containing approximately 0.81 acres, and <br />all improvements thereon, together with all easements, rights and uses now or hereafter <br />belonging thereto (collectively, the "Property"). <br />2. Purchase Price, Effective Date. The purchase price ("Purchase Price") for the <br />
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