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HomeMy WebLinkAbout2008-309 ' � X09 AGREEMENT TO PURCHASE AND Sb 0 AL LL RE THIS AGREEMENT TO PURCHASE AND SELL REAL ESTA ( Agreement") is made and entered into as of the of SM4----- , '2008 by and between Indian River County, apolitical subdivision of the State of Florida ("County") , and Ruth M. Silva("Seller"), who agrees as follows : 1 . Agreement to Purchase and Sell and Grant The Seller hereby agrees to sell to the County, and the County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this Agreement. That certain parcel of real property located at 5800 23rd Street, Vero Beach FL 32966 county of Indian River, State of Florida and more specifically described in Exhibit "A," containing approximately 8 ,400 . 0 square foot , with a 1 ,201 sq. ft. house . ,Including all improvements thereon, together with all easements, rights and uses now or hereafter belonging thereto . 2 . Purchase Price, Effective Date . The purchase price (the 'Tu' rchase Price") for the Property shall be One-Hundred-SirVJwo Thousand and 00/ 100 Dollars ( 162 00O) The County will pay an additional $ 10 , 000 for legal fees and for the cost of the appraisal . The total consideration for the acquisition of the parcel is $ 172 , 000 . The Purchase Price shall be paid on the Closing Date . The Effective Date of this Agreement shall be the date upon whichthe County shall have approved the execution of this Agreement, either by approval by the Indan River County Board of County Commissioners at a formal meeting of such Board or by the County Administrator pursuant to his delegated authority. 3 . Title . Seller shall convey marketable title to the Property by warranty deed free of claims, liens, easements and encumbrances of record or known to Seller* but subject to property taxes for the year of Closing and covenants, restrictions and public utility easements of record provided (a) there exists at Closing no violation of any of the foregoing; and (b) none of the foregoing prevents County' s intended use and development of the Property. 3 .2 County may order an Ownership and Encumbrance Deport with respect to the Property. County shall, within thirty (3 0) days from receipt of the Ownership and Encumbrance Report, deliver written notice to Seller of title defects . Title shall be deemed acceptable to County if (a) County fails to deliver notice of defects within the time specified, or (b) County delivers notice and Seller cures the defects within thirty (30) days from receipt of notice from County of title defects ("Curative Period"). Seller shall use best efforts to cure the defects within the Curative Period and if the title defects are not cured within the Curative Period, County shall have thirty (30) days from the end of the Curative Period to elect, by written notice to Seller, to:: (i) to terminate this Agreement, whereupon shall be of no further force and effect. 4 . Representations of the Seller. 4 . 1 Seller is indefeasibly seized of marketable, fee simple title to the Property, and is the sole owner of and has good right, title and authority to convey and transfer the Property, which is the subject matter of this Agreement, free and clear of all liens and encumbrances . 4 .2 From and after the Effective Date of this Agreement, Seller shall take no action which would impair or otherwise affect title to any portion of the Property, and shall record no documents in the Public Records which would affect title to the Property, without the prior written consent of the County. 4 . 3 There are no existing or pending special assessments affecting the Property, which are or may be assessed by any governmental authority, water or sewer authority, school district, drainage district or any other special taxing district. 5 . Default. 1 5 . 1 In the event of a default by the County, the Seller shall be entitled, as its sole remedy hereunder, to terminate this Agreement. and neither the Seller nor any other person or party shall have any claim for specific performance, damages or otherwise against the County. 5 .2 In the event the Seller shall fail to perform any of its obligations hereunder, the County shall be entitled to : (i) terminate this Agreement by written notice delivered to the Seller at or prior to the Closing Date, and pursue all remedies available hereunder and under applicable law; (ii) obtain specific performance of the terms and conditions hereof; or (iii) waive the Seller ' s default and proceed to Closing : 6 , Closing . 6 . 1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") shall take place within 45 days following the Effective Date of this Agreement. The parties agree that the Closing shall be as follows : (a) The Seller shall execute and deliver to the County a warranty deed conveying marketable title to the Property, free and clear of all liens and encumbrances and in the condition required by paragraph 3 . (b) The Seller shall have removed all of its personal property and equipment from the Property and Seller shall deliver possession of the Property to County vacant and in the same or better condition that existed at the Effective Date hereof. (c) If Seller is obligated to discharge any encumbrances at or prior to Closing and fails to do so, County may use a portion of Purchase Price funds to satisfy the encumbrances. (d) The Seller shall deliver to the County an affidavit, in form acceptable to the County, certifying that the Seller is not a non-resident alien or foreign entity, such that the Seller and such interest holders are not subject to tax under the Foreign Investment and Real Property Tax Act of 1980 , (e) The Seller and the County shall each deliver to the other such other documents or instruments as may reasonably be required to close this transaction. Indian River County will provide all closing documents for this transaction and will record the documents at no cost. All closing costs will be paid by Indian River County. 8 , Miscellaneous . 8 . 1 Controlling Law. This Agreement shall be construed and enforced in accordance with the laws of the State of Florida. Venue shall be in Indian River County for all state court matters, and in the Southern District of Florida for all federal court matters . 8 .2 Conveyance in Lieu of Eminent Domain. It is understood by the parties that this contract is entered by SEI LFR. under the threat and in lieu of condemnation. 8 . 3 Entire Agreement, This Agreement constitutes the entire agreement between the parties with respect to this transaction and supersedes all prior agreements, written or oral , between the Seller and the County relating to the subject matter hereof. Any modification or amendment to this Agreement shall be effective only if in writing and executed by each of the parties . 8 .4 Assignment and Binding Effect. Neither County nor Seller may assign its rights and obligations under this Agreement without the prior written consent of the other party. The terms hereof shall be binding upon and shall inure to the benefit of the parties hereto and their successors and assigns. 2 8 . 5 Notices Any notice shall be deemed duly served if personally served or if mailed by certified mail, return receipt requested, or if sent via "overnight" courier service or facsimile transmission, as follows : If to Seller : Ruth Silva Bruce M. Harris, Esq . 5800 23 `d Street 1201 E . Robinson Street Sebastian, FL 32958 Orlando, FL 32801 If to County : Indian River County 1801 27th Street, Vero Beach, FL 32960 Attn: Robert Webb . Land Ac uisition 8 . 6 Survival and Benefit. Except ag otherwise expressly provided herein, each agreement, representation or warranty made in this Agreement by or on behalf of either party, or in any instruments delivered pursuant hereto or in connection herewith, shall survive the Closing Date and the consummation of the transaction provided for herein. The covenants, agreements and undertakings of each of the parties hereto are made solely for the benefit of, and may be relied on only by the other party hereto, its successors and assigns, and are not made for the benefit of, nor may they be relied upon, by any other person whatsoever. 8 . 7 Attorney' s Fees and Costs . In any claim or controversy arising out of or relating to this Agreement, each party shall bear its own attorney' s fees, costs and expenses . 8 . 8 . Counterparts . This Agreement may be executed in two or more counterparts, each one of which shall constitute an original. 8 . 9 . County Approval Required : This Agreement is subject to approval by the Indian River County Board of County Commissioners as set forth in paragraph 2 . 8 . 10. " Seller acknowledges receipt of the "Notice t Owner" and understands his/her rhes ,granted under " orida Law Chapters 73 and 74 " . (initial) = 1 . IN WITNESS WHEREOF , the undersigned have executed this Agreement as of the dant set forth above . INDIAN RIVER COUNTY, FLORIDA : BOARD CO TY OM.W9SIOINEkS Ruth Sily By B Y: Wesley S . Davis, age,- Cha 'f n Ruth Silva Irate Signed : 9/c> 9/V ,:0, Date Signed : September 23 , 2008 ATTEST: J.K. Barton, Clerk Approv d as to f rmM7ciency : BY lam' Deputy C unty Attorney Deputy Clerk Date Signed : Q �a N 41�8 Indian River County Administrator By: CLA Jm-ep- VA, B ' rd Dat igned 09 8 5)r 3 N 1� let EW Wh m X" 1 N s � � � � onQ A ox o � I �2 Q y z J � I 1Dj ml W N� 10 ' ocl� > e 40' NN 32 ' a5 17 ' o C d I \ 00 ylyry a I 2 Z ~ I I �x O y I Y I ti v N aim I y C, m � k W 60 ' w t — 15' RIGHT OF WAY PER f O POINCIANA EAST LINE . R.8, 1082, PG, 2650 SEC ON iTOWNSHIPn33 SOUTH 1 60 120 — AVE_ — RANGE J9 EAST SCALE AS SHOWN i \ LEGAL DESCRIPTION BY SURVEYOR f THE WEST 17 FEET OF THE EAST 32 FEET OF LOT 1 , BLOCK 2 AND THE WEST 17 FEET OF THE EAST 32 FEET OF LOT 2, BLOCK 21 RIVERA 1 ESTATES, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 1 , PAGE 12 AND PLAT BOOK 10, PAGE 33, OF THE PUBLIC RECORDS OF t INDIAN RIVER COUNTY, FLORIDA. THE ABOVE PREMISES CONTIN AN AREA OFi 390 SQUARE CRIBED FEET OR 0.55SACRES, MORE OR L SSASUBJECT TO ALL 2EASEMENTS, CONDITIONS AND RESTRICTIONS AS CONTAINED WITHIN THE CHAIN OF TITLE, EE � E ;f � i MEND SECTION LINE t PROPERTY LINE g a = PROPOSED RIGHT OF WAY TAKING A •tt RIGHT OF WAY LINE i — -' — — — — — — — — — EASEMENT LINE P, O.C, POINT OF COMMENCEMENT 1310. 8 . POINT OF BEGINNING P, B. PLAT BOOK PG, PAGE a i 0. R. 8 , OFFICIAL RECORDS BOOK F SURVEYORS NOTE `; 1 ) THIS IS A SKETCH OF LEGAL DESCRIPTION ONLY, {1 NOT A BOUNDARY RETRACEMENT SURVEY. eo WdD@Mont 6as d0s"Uunder m andPaket � f t aproat llty a 1 2) THE BEARING BASE FOR THIS SURVEY IS BASED 1*00 AAW0f10/ 0nd Sketch marts the mNbnum tft-AM& tr ,tm,da d, ,at "h by the nwlde Booed of Prelee Wof Land jbj y' n % Cnaptw f UPON THE EAST LINE OF SECTION 5, TOWNSHIP 33 81017-d, nodda Adminla nthe Cook pu�auant to Saetlan 47E037, noRda Slatutoa, Md that thk dnwk,p Is a tme and a to g SOUTH, RANGE 39 EAST. SAID LINE BEARS SOUTH tep^ee"tatwn thonat to the beet at my knoe/edpe wW balk(. 0097'53" WEST. suh)tat to nates and notetme aha(., nonan, 3) THE SCALE OF THIS DRAWING MAY HAVE BEEN EC DEME7ER P,S.N. Na 517p WEDISTORTED DURING REPRODUCTION PROCESSES, NOT VALID *11HOUT INE S6NA 'W AND 1NE ORIGINAL RAISED SEAL OEfellm If y. 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