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HomeMy WebLinkAbout2008-042AGREEMENT TO PURCHASE AND SELL REAL ESTATE BETWEEN FREDERICK AND FLORENCE VAN ANTWERP AND INDIAN RIVER CO. THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 5th day of February , 20089 by and between Indian River County, a political subdivision of the State of Florida ("the County"), and Frederick and Florence Van Antwerp ("Seller"), who agree as follows: WHEREAS, Frederick and Florence Van Antwerp own property located at 4805 66th Avenue, 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 66th Avenue in the near future and the road expansion will impact and affect the Van Antwerp's 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 66th Avenue; and WHEREAS, the County has contacted Seller and has offered to purchase a 20,996 square foot (.482 acre) parcel, of property from the Van Antwerp's to be used as right-of- way as depicted on Exhibit "A" (the Property); and WHEREAS, the Van Antwerps 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 Van Antwerps and the County wish to avoid the risk, time and expense of litigation by entering into this agreement for sale and purchase of the Propertv; 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 2. Agreement to Purchase and Sell. 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 4805 66th Avenue, Vero Beach, Florida and more specifically described in the sketch and legal description attached as Exhibit "A", containing approximately .482 acres, and all improvements thereon, together with all easements, rights and uses now or hereafter belonging thereto (collectively, the "Property'). 2.1 Purchase Price, Effective Date. The purchase price ("Purchase Price") for the Property shall be established by an appraisal to be performed by an M.A.I. appraiserwithin All Real Estate Appraisals who is mutually agreed upon by the parties pursuant to the terms of the letter dated November 13, 2007 from Robert K. Babcock, MAI to attorney William K. DeBraal attached as Exhibit "B". Upon receipt of the Appraiser's Final Report, the County shall pay and Seller shall accept the appraised value of the Property as the Purchase and Sale price of the Property. The Purchase Price shall be paid on the Closing Date. The Effective Date of this Agreement shall be the date upon which the County shall have approved the execution of this Agreement, either by approval by the Indian 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 ("Permitted Exceptions"). 3.1 County may order an Ownership and Encumbrance Report or Title Insurance Commitment with respect to the Property. County shall within fifteen (15) days following the Effective Date of this Agreement 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, or (ii) extend the Curative Period for up to an additional 90 days; or (iii) accept title subject to existing defects and proceed to closing. 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 2 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. 5.1 In the event the County shall fail to perform any of its obligations hereunder, the Seller shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice delivered to the County at or prior to the Closing Date and thereupon neither the Seller nor any other person or party shall have any claim for specific performance, damages, or otherwise against the County; or (ii) waive the County's default and proceed to Closing. 5.2 In the event the Seller shall fail to perform any of its obligations hereunder, the County shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice delivered to the Seller at or prior to the Closing Date and thereupon neither the County nor any other person or party shall have any claim for specific performance, damages or otherwise against the Seller; or (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 receipt of the Appraiser's Final Report. 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) If the Seller is a non-resident alien or foreign entity, Seller shall deliverto the County an affidavit, in a form acceptable to the County, certifying that the Seller and any 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. 6.2 Taxes. All taxes and special assessments which are a lien upon the property on or prior to the Closing Date (except current taxes which are not yet due and payable) shall be paid by the Seller. 7. Closing Costs; Expenses. County shall be responsible for preparation of all Closing documents. 7.1 County shall pay the following expenses at Closing: 7.1.1 The cost of recording the warranty deed and any release or satisfaction obtained by Seller pursuant to this Agreement. 7.1.2 Documentary Stamps required to be affixed to the warranty deed. 7.1.3 All costs and premiums for the owner's marketability title insurance commitment and policy, if any. 7.1.4 Engineering costs incurred by Seller not to exceed $1,000.00. The costs shall b paid directly to the engineering firm. 5.ajZ� 7.1.5 Attorney's fees and costs of $ 4,000.00 or o of the purchase price, which ever is greater. 7.1.6 Appraisal fees negotiated with All Real Estate Appraisals. 7.2 Seller shall pay the following expenses at or prior to Closing: 7.2.1 All All costs necessary to cure title defect(s) or encumbrances, other than the Permitted Exceptions, and to satisfy or release of record all existing mortgages, liens or encumbrances upon the Property. 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 Condemnation. In the event that all or any part of the Property shall be acquired or condemned for any public or quasi -public use or purpose, or if any acquisition or condemnation proceedings shall be threatened or begun prior to the Closing of this transaction, County shall have the option to either terminate this Agreement, and the obligations of all parties hereunder shall cease, or to proceed, subject to all other terms, covenants, conditions, representations and warranties of this Agreement, to the Closing of the transaction contemplated hereby and receive title to the Property; receiving, however, any and all damages, awards or other compensation arising from or attributable to such acquisition or condemnation proceedings. County shall have the right to participate in any 4 such proceedings. 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. 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: Frederick and Florence Van Antwerp 6285 81s' Street Vero Beach, FL. 32967 If to Seller's Attorney: Raymer Maguire, III Fixel, Maguire & Willis 1010 Executive Center Dr. Suite 121 Orlando, FL 32803 If to County: Indian River County 1840 25th Street Vero Beach, FL. 32960 Attn: Land Acquisition/Pamela Stewart Either party may change the information above by giving written notice of such change as provided in this paragraph. 8.6 Survival and Benefit. Except as 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 as set forth in paragraph 2. 8.10 Beneficial Interest Disclosure: In the event Seller is a partnership, limited partnership, corporation, trust, or any form of representative capacity whatsoever for others, Seller shall provide a fully completed, executed, and sworn beneficial interest disclosure statement in the form attached to this Agreement as an exhibit that complies with all of the provisions of Florida Statutes Section 286.23 prior to approval of this Agreement by the County. However, pursuant to Florida Statutes Section 286.23 (3) (a), the beneficial interest in any entity registered with the Federal Securities and Exchange Commission, or registered pursuant to Chapter 517, Florida Statutes, whose interest is for sale to the general public, is exempt from disclosure; and where the Seller is a non-public entity, that Seller is not required to disclose persons or entities holding less than five (5%) percent of the beneficial interest in Seller. 8.11 Grandfather Clause: The County agrees to allow Seller to use the remainder of Seller's property, even though it is less than 5 acres, to construct a dwelling unit as stipulated in the letter dated November 28, 2007 from William K. DeBraal to Seller, attached as Exhibit "C". 9. Lease -back: The County shall execute and deliver to Seller a lease of the Property at the Closing. The term of the lease shall begin the day of the Closing and end thirty (30) days prior to the County's start date on construction of 66th Avenue on the Property, but in no event sooner than one (1) year after the Closing. The lease payment shall be one dollar ($1.00) per year. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first set forth above. SELLER: By: io 4 rederick Van Antwerp Date Signed: February 5, 2008 B rence Van Antwerp Date Signed: / L;) D INDIAN RIVER COUNTY, FLORIDA BOARD OF COUNTXI C,rOMMISSIONERS 'Zgned: ara L. Bowden, Chairman Date February 3.'2008 Attest: J. K. Barton, Clerk By a .. i� a. -a -"- Deputy Clerk Date Signed: Approved as to form and legal sufficiency: ".fu William K. DeBraal Deputy County Attorney SKETCH TO ACCOMPANY DESCRIPTION. THIS IS NOT A SURVEY! LOCATION MAP; NOT TO SCALE LEGAL DESCRIPTION: PARCEL 111 OWNERS: FREDERICK W. k FLORENCE E. ANTWERP A PORTION OF LAND BEING THE EAST 112.00 FEET OF THAT PARCEL OF LAND DESCRIBED IN OFFICIAL RECORDS BOOK 807, PAGE 2847, PUBLIC RECORDS, INDIAN RIVER COUNTY, FLORIDA, SAID PARCEL LYING WITHIN TRACT 9, INDIAN RIVER FARMS CO. PLAT OF LANDS, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 25, PUBLIC RECORDS, SAINT LUCIE COUNTY, FLORIDA, ALL SAID LANDS LYING WITHIN SECTION 19, TOWNSHIP 32 SOUTH, RANGE 39 EAST, INDIAN RIVER COUNTY, FLORIDA. CONTAINING 20,997 SQUARE FEET OR 0.48 ACRES, MORE OR LESS ALL BEARINGS SHOWN HEREON ARE BASED ON THE EAST UNE OF SECTION 19, TOWNSHIP 32 SOUTH, RANGE 39 EAST, PALM BEACH COUNTY, FLORIDA, SAID LINE IS ASSUMED TO BEAR NORTH 00'08'10' EAST. SUBJECT TO EASEMENTS, RESTRICTIONS AND RIGHTS-OF-WAY OF RECORD. 1 HEREBY CERTIFY THAT THE DESCRIPTION AND ATTACHED SKETCH OF DESCRIPTION WERE PREPARED IN ACCORDANCE WITH THE SURVEYING STANDARDS, CHAPTER 61G17-6, FLORIDA ADMINISTRATIVE CODE, AS SET FORTH BY THE FLORIDA BOARD OF PROFESSIONAL SURVEYORS k MAPPERS, PURSUANT TO SECTION 472.027, FLORIDA STATUTES, AND IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF. UNLESS IT BEARS THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER, THIS LEGAL DESCRIPTION AND SKETCHIS FOR INFORMATIO URPOSES ONLY AND IS NOT VALID. NOTE: THIS IS NOT A SKETCH OF SURVEY, BUT ONLY A GRAPHIC DEPICTION OF THE DESCRIPTION SHOWN HEREON. THERE HAS BEEN NO FIELD WORK, MEWING OF THE PE C: WHITE SUBJECT PROPERTY, OR MONUMENTS SET IN CONNECTION PROfligSIONAL LAND SURVEYOR AND MAPPER WITH THE PREPARATION OF THE INFORMATION SHOWN LICENSE N0. 4213, STATE OF FLORIDA HEREON. NOTE: LANDS SHOWN HEREON WERE NOT ABSTRACTED FOR RESTRICTIONS, RIGHTS-OF-WAY AND DATE: 1/15/07 EASEMENTS OF RECORD. ARCADIS w mm ' ' K" s 9EFf 1 i f /m mIV IIS U.S., Inc. 5 ADDMONAL R/W maaa ewem boo wm = f reX=fr ts�mnF.ct5asles7-nsi sm I a 2 WP001053 1053SD111 EXHIBIT A i jinn '..in uimu ni i„ November 13, 2007 Indian River County 1840 25th Street Vero Beach, FL 32960-3328 Attn.: Mr. William K. DeBraal, Esquire RE: Fee proposal for Frederick Van Antwerp, 4805 66th Avenue, Vero Beach, FL 32967 Dear Attorney DeBraal: All Real Estate Appraisals is pleased to offer a fee proposal to provide appraisal services relating to the above referenced property. Based upon discussions with Raymer F. Maguire, III, Esquire, the anticipated compensation is to be predicated upon appraisal evidence supporting: The market value of the land and contributory value of improvements, acquired for the roadway improvement, along with an analysts of potential severance damages, If any, resulting from the proposed acquisition. This firm would provide evidence to support the land value and estimated contributory value of improvements within the proposed right of way acquisition. It is noted that the existing single family residence is situated along 661" Avenue, apparently within the area of acquisition. The remainder tract may lack sufficient depth for future residential development at values evidenced prior to the acquisition. The fee to provide appraisal services for this property would be $5,500. Field survey stakes (as in the (as in the Kahn property) would be of significant assistance is preparation of this appraisal. if this is acceptable, we will coordinate a detailed field inspection of the property with the survey with your office and the owner. This inspection would likely be in mid-December. We understand that time Is of the essence in this situation and would provide delivery of the completed appraisal within six weeks from the date of authorization. If you have any questions, please contact me at your convenience. Sincerely, ALL REAL ESTATE APPRAISALS Robert K. Babcock, MAI State -Certified General Appraiser RZ 990 Orlando,1010 Executive Center Drive, Suite 132 :r CERTIFICATE OF VALUE We certify to the best of our knowledge and belief, that: 1. The statements of fact contained in this report are true and correct. 2. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are our personal, unbiased, professional analyses, opinions, and conclusions. 3. We have no present or prospective interest in the property or bias with respect to the property that is the subject of this report, and we have no personal interest or bias with respect to the parties involved. Our engagement in this assignment was not contingent upon developing or reporting predetermined results. 4. Our compensation is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. S. Our analyses, opinions, or conclusions were developed and this report has been prepared in conformity with the Uniform Standards of Professional Appraisal Practice, and the provisions of Chapter 475, Part II, Florida Statutes. 6. Robert K. Babcock, MAI and Camille A. Smith, MAI, MBA, have made a personal inspection of the property that is the subject of this report. We have also made a personal field inspection of the comparable sales relied upon in making this appraisal. The subject and the comparable sales relied upon in making this appraisal were as represented by the photographs contained in this appraisal. 7. No persons other than those named herein provided significant real property appraisal assistance to the person(s) signing this certificate. Joshua C. Duncan, Stale -Certified Residential Appraiser RD 6884 and Christopher W. Langton, State -Registered Trainee Real Estate Appraiser RI 20488 provided assistance with research, inspections and draft report preparation. 8. The reported analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the requirements of the Code of Professional Ethics and the Standards of Professional Appraisal Practice of the Appraisal Institute. 9. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. 10. As of the date of this report, Robert K. Babcock, MAI, and Camille A. Smith, MAI, MBA, have completed the requirements of the continuing education program of the Appraisal Institute. Based upon our independent appraisal and the exercise of our professional judgment, our opinion of the market value for the part taken, including net severance damages after special benefits, if any, of the property appraised as of the 22ntl day of February 2008, was $177,000. Market Value should be allocated as follows: LAND IMPROVEMENTS $45,600 $54,000 NET DAMAGES WOR COST TO CURE $77,400 TOTAL $177,000 March 12, 2008 REPORT DATE All Real Estate Appraisals Parcel 111 Owner: Van Antwerp LAND AREA PARCEL 111 (Ac): 0.48 Land Use (HABU as vacant): Residential 41 APPRAISER (Camille A. Smith, MAI, MBA) State` -Certified General Appraiser RZ1050 APPRAISER (Robert K. Babcock, MAI) State -Certified General Appraiser RZ990 BOARD OF COUNTY COMMISSIONERS OFFICE OFCOUNTYATTORNEY \t'illiam G Collins 11, County Attorney William K. DeBraal, Deputy County Attorney Marian E. Fell, Assistant County Attorney George A. Glenn, Assistant County Attorney November 28, 2007 Frederick Van Antwerp 4805 66th Avenue Vero Beach, FL 32967 RE: Purchase of necessary right-of-way for 661h Avenue and remainder parcel use Dear Mr. Van Antwerp: As you know,. the County is considering purchase of a portion of your property for improvements to 66th Avenue. The County does not need to purchase all of your property and it is anticipated that the remaining parcel will be less than five acres while the applicable zoning in your case is "agricultural° with a limit of 3 dwelling unit per 5 acres. In a case such as yours where the County is going to acquire your property for right-of-way under the threat of eminent domain, the County will allow you to use the remainder of your property, even though it is less than 5 acres, to construct a dwelling unit. This legal non -conforming or "grandfathered" use will run with the land and be available to future land owners. If you have any questions concerning this matter, please do not hesitate to contact me. Sincerely yours, William K. DeBraal Deputy County Attorney ATI i9lRIT, EXHIBIT a 1601 2711, Street, Vero Beach, Florida 32960-3365 - (772) 226-1424 Fax (772) 569-4317 irca(torncy@ircgov.com please make checks payable to: Morris Engineering, Inc. 964 Lake Baldwin Lane, Suite 200 Orlando, FL 32814 407-893-6894 fax 407-893-6851 bill to: Raymer F. Maguire III, Esquire Fixel, Maguire & Willis 1010 Executive Center Drive Suite 121 Orlando, Florida 32803 JOB: Indian River County Van Antwerp Engineering Analysis Description Hours Rate Principal (DLM) 0.5 $210.00 Project Engineer (MM) 13.0 $145.00 roject Coordinator (MB) 2.0 $75.00 Invoice Date: 4/4/2008 Invoice Number: 01388H-1 Invoice Amount Due: $2,247.00 $105.00 $105.00 $1,885.00 $15885.00 $150.00 $150.00 Subtotal .00 7.00 See attachment for detail. Payment is due upon settlement of compensation for subject parcel. All. 4. 2008 8:48AM Mofri_ :nwriiring No. 0161 ?. 1 Work Descriptions for Mark Mitchell LL i I I ' :. 1388H — APR — 4 2008 �U i! lob Name 66thAv, P# 111; van Annverp i Date ];Yours Task Workbeverlplion 2/26/2007 1.5 prepare. exhibitfor client ffom Construction Plans (30% submittal) 10115/2007 0.5 analyze draMnge/ROW provided 10/1812007 0.5 analyze dfaw{ngsiROW provided 1012212007 0.5 analyze dmwingrdROW provided 1012512007 1.0 Analyze drawings/ROW provided 11/6/2007 0.5 analyze drawinga/ROW provided 11/19/2007 0.6 drainage analysis 11/1912007 0.5 laking verification letter 12/12/2007 0.6 draft Issues l(r. 12/13/2007 0.5 research Issues regarding. fernalnder (fact. 0nallze Issues IV. 1/24/2008 0.5 coordination with condemningaulhority TotalHoiirs: 13.0 Page 1 of Friday, April 04, 2008 Page 1 of AP r. 4. 2048 8:48AM Morris °ngeniring No. 0361 0, 2 7 i Work Descriptions for Melanie MBall 1,1 i APR - 4 2008 -1388H I Job Name 66th Ave. Presuit, Van Antwerp i ----- -- — " Date Hours Task WorkDeserlptton 1032007 0.5 Prepare files for meeting with attorney.. 1012412007 1.5 Research and Inserted File with ROW and 60% Construction Maps Total Hours: 2.0 xrreay, 4prit 04, 2009 Page I of.1