3/4/2016 11:22:15 AM
10/1/2015 3:23:45 AM
Official Document Type
Agenda Item Number
Dogs for Life, Inc.
Purchase Agreement Right of Way Acquisition
12th St. Sidewalk Project
1230 16th. Ave.
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AGREEMENT TO PURCHASE AND SELL REALit <br /> To LAO0� - b83 <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ( "Agreement ") is made <br /> and entered into as of the2Lday of March , 20097 by and between Indian River County , a <br /> political subdivision of the State of Florida ( " County") , and Dogs for Life, Inc. ( " Sellers " ) , who <br /> agree as follows . <br /> 1 . Agreement to Purchase and Sell . The Seller hereby agrees to sell to the County , and the <br /> County hereby agrees to purchase from Seller , upon the terms and conditions set forth in this <br /> Agreement , that certain parcel of real property located at 123016th Avenue Vero Beach (see <br /> attached Exhibit "A " County of Indian River, State of Florida and more specifically described on <br /> Exhibit "A" attached hereto and incorporated by this reference containing approximately <br /> 4, 176. 0 square feet , and all improvements thereon , together with all easements , rights and uses <br /> now or hereafter belonging thereto (collectively , the " Property" ) . <br /> 2 . Purchase Price , Effective Date . The purchase price (the " Purchase Price ") for the <br /> property , shall be Eight= Thousanaf� Three=Hundred-Fifty- Two and 00/00 Dollars ($8, 352. 00) . <br /> The Purchase Price shall be paid on the Closing Date . All improvements located outside of the <br /> right of way to be purchased and located on " Sellers " property shall remain . If any of said <br /> improvements , such as signage , located on Sellers property should be damaged during the <br /> construction process Indian River County will either replace or compensate for improvement . <br /> The Effective Date of this Agreement shall be the date upon which the County shall have <br /> approved the execution of this Agreement , either by approval by the Indian River County Board <br /> of County Commissioners at a formal meeting of such Board or by the County Administrator <br /> pursuant to his delegated authority . <br /> 3 . Title . Seller shall convey marketable title to the Property by warranty deed free of claims , <br /> liens , easements and encumbrances of record or known to Seller; but subject to property taxes <br /> for the year of Closing and covenants , restrictions and public utility easements of record provided <br /> ( a ) there exists at Closing no violation of any of the foregoing ; and ( b) none of the foregoing <br /> prevents County' s intended use and development of the Property ( " Permitted Exceptions " ) . <br /> 3 . 1 County may order an Ownership and Encumbrance Report or Title Insurance <br /> Commitment with respect to the Property . County shall within fifteen ( 15 ) days following the <br /> Effective Date of this Agreement deliver written notice to Seller of title defects . Title shall be <br /> deemed acceptable to County if (a ) County fails to deliver notice of defects within the time <br /> specified , or ( b ) County delivers notice and Seller cures the defects within thirty ( 30 ) days from <br /> receipt of notice from County of title defects ( " Curative Period ") . Seller shall use best efforts to <br /> cure the defects within the Curative Period and if the title defects are not cured within <br /> the <br /> Curative Period , County shall have thirty ( 30 ) days from the end of the Curative Period to elect , <br /> by written notice to Seller , to : ( i ) to terminate this Agreement , whereupon shall be of no further <br /> force and effect , or ( ii ) extend the Curative Period for up to an additional 90 days ; or ( iii ) accept <br /> title subject to existing defects and proceed to closing . <br /> 4 . Representations of the Seller. <br /> FAEngineering\Robert Webb\dogsforlifepurchasecontract.doc - 1 - <br />
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