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HomeMy WebLinkAbout2013-011 a � 41Y d « AGREEMENT TO PURCHASE AND SELL REAL ESTATE THIS AGREEMENT is entered into as of the .1. day of January ; 20,1.$. by and between Indian River County , a political subdivision of the State of Florida, whose address is 1801 27th Street , Vero Beach , FL 32960 (" County") , and the Estate of Daniel J . Kelly , c/o [enter Personal Representative 's name and address) (" Kelly Estate" ) , WHEREAS , the Kelly Estate owns a 0 . 71 acre parcel of property located at the corner of Regatta and Springline Drive and the property address is 2025 Regatta Drive; Vero Beach , Indian River County , Florida ; and WHEREAS , the property is an unimproved , single family residential lot located in the Moorings Subdivision, Unit 2 , as depicted on the aerial photo attached as Exhibit "A'; and WHEREAS , the streets of the Moorings Subdivision , Unit 2 , were surveyed and constructed by the developer, dedicated by the plat to the " public forever" and accepted by the Board as public streets when the plat was approved by the. Board of County Commissioners on July 23, 1970 ; and WHEREAS, as a result of a recent survey , the lot belonging to the Kelly Estate, Lot 38 , was found to have an encroachment, where the Developer constructed a portion of the Springline Drive curb and roadway onto the Kelly Estate' s lot creating an encroachment of 512 square feet or 0 . 0.12 acres "as depicted on the sketch and legal description attached as Exhibit " B " ; and WHEREAS , it is impractical for the County to remove the curb and road improvements from the Kelly Estate ' s property; and WHEREAS , for the consideration and upon the terms set forth herein , the Kelly Estate is willing to convey the encroached parcel of property to the County to be used as road right-of-way for Springline Drive , and NOW THEREFORE , in consideration of the mutual undertakings herein , and other good and valuable consideration , the receipt and adequacy of which is hereby acknowledged , the parties agree , as follows . Recitals . The above recitals are true and correct and are incorporated herein . 1 . Agreement to Purchase and Sell . The Kelly Estate hereby agrees to sell to the County , and the County hereby agrees to purchase from the Kelly Estate, upon the terms and conditions set forth in this Agreement, that certain parcel of real property containing 0 . 012 acres located along Springline Drive in Indian River County and more specifically described in Exhibit " B " (the Property) attached and incorporated by reference herein . The Property and it improvements shall be used as right-of-way . 1 2 . Purchase Price ; Effective Date . The purchase price (the " Purchase Price") for the Property shall be ONE THOUSAND dollars ($ 1 , 000. 001 . The Purchase Price shall be paid on the Closing Date . The Purchase Price is inclusive of all damages , attorney' s fees , expert witness fees and costs incurred by the Kelly Estate as a result of the encroachment on the Property depicted in Exhibit " B" . The Effective Date of this Agreement shall be the date upon which the County shall have approved the execution of this Agreement , by the Indian . River County Board of County Commissioners at a formal meeting of such Board . 3 . Title to the Property . The Kelly Estate shall convey title to the Property by Quit Claim deed free of claims , liens , easements and encumbrances of record or known to the Kelly Estate ; but subject to property taxes for the year of Closing and subject to 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 . 4 . 0 County may , at its own expense , order an Ownership and Encumbrance Report with respect to the Property. County shall , within three ( 3) days from receipt of the Ownership and Encumbrance Report , deliver written notice to the Kelly Estate of title defects. Title shall be deemed acceptable to County if County fails to deliver notice of defects within the time specified . 5 . Representations of the Kelly Estate . 5 . 1 The Kelly Estate 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 . 5 . 2 From and after the Effective Date of this Agreement , the Kelly Estate 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 . 5 . 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 . 6 . Default . 6 . 1 In the event the Kelly Estate shall fail to perform any of its obligations hereunder, the County shall be entitled to terminate this Agreement by written notice delivered to the Kelly Estate at or prior to the Closing Date , or waive the Kelly Estate 's default and proceed to Closing . 2 6 . 2 In the event of a default by the County , the Kelly Estate shall be entitled , as its sole remedy hereunder, to terminate this Agreement . 7 . Closing . 7 . 1 The closing of the transaction contemplated herein (" Closing " and "Closing Date") shall take place within 15 days following the Effective Date of this Agreement. The parties agree that the Closing shall be as follows : (a) The Kelly Estate shall execute and deliver to the County a quit claim deed conveying marketable title to the Property . ( b ) The Kelly Estate shall have removed all of its personal property and equipment from the Property and The Kelly Estate shall deliver possession of the Property to County vacant and in the same or better condition that existed at the Effective Date hereof. (c) The Kelly Estate and the County shall each deliver to the other such other documents or instruments as may reasonably be required to Close this transaction , including any corrective documents . 7 . 2 . Closing Costs ; Expenses . County shall be responsible for preparation of the quit claim deed . The Kelly Estate shall be responsible for preparing any i other Closing documents . County and the Kelly Estate shall pay in equal shares , the following expenses at Closing , (a ) The cost of recording the warranty deed and any release or satisfaction obtained by Seller pursuant to this Agreement . ( b) Documentary Stamps required to be affixed to the warranty deed . 8 . Prorations . 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 Kelly Estate . If the Closing Date occurs during the time interval commencing on November 2 and ending on December 31 , The Kelly Estate shall pay all current real estate taxes and special assessments levied against the Property , prorated based on the "due date " of such taxes established by the taxing authority having jurisdiction over the Property . If the Closing Date occurs between January 1 and November 1 , the Kelly Estate shall , in accordance with Florida Statutes Section 196 .295 , deposit into escrow with the Tax Collector, an amount equal to the current real estate taxes and assessments , prorated to the Closing Date . 9 . Miscellaneous . 9 . 1 Controllinq 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 . 3 9 . 2 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. Kelly Estate 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. 93 Assignment and Binding Effect, Neither County nor the Kelly Estate may assign its rights and obligations under this Agreement without the prior written consent of the other party. The terms hereof shall bebinding upon and shall inure to the benefit of the parties hereto and their successors and assigns . 9A 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 ransmission , as follows : If to the Kelly Estate : If to County. Indian River County 1801 27th Street Vero Beach , FL 32960 Attn : Public 'Works Director Either party may change the information above by giving written notice of such change as provided in this paragraph . 9 . 5 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. 9 . 6 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 . 9 . 7 . Counterparts . This Agreement may be executed in two or more counterparts , each one of which shall constitute an original . 9 . 8 . County Approval Required: This Agreement is subject to approval by the Indian River County Board of County Commissioners as set forth in paragraph 2 . 4 IN WITNESS WHEREOF , the undersigned have executed this Agreement as of the date first set forth below. THE ESTATE OF DANIEL J . KELLY BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA � Vtl tltltl „ „•, w. ,, ..6E..�--- � � O MM1S BY : o'oJ�• '•. N Joseph E . Flescher, Chair rr� Personal Representative *� tl Date Signed : Date Signed : 01 -15- 13 do� too :OQ 4 0 *moss COO ATTEST : Jeffrey R . Smith , Clerk "tlr4 tltl tltltl Ppb By : De er Approved as to form and Indian River County Administrator legal sufficiency . CG- By@ Onz Alan S , (PolackWich , Sr. County Att6mey Approved as to form and legal sufficiency Christopher Campione Attorney for the Kelly Estate 5 IN WITNESS WHEREOF , the undersigned have executed this Agreement as of the date first set forth below. THE ESTATE OF DANIEL J . KELLY BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By: Joseph E . Flescher, Chairman Personal Representative Date Signed : �S Date Signed : ATTEST: Jeffrey R. Smith , Clerk By: Deputy Clerk Approved as to form and Indian River County Administrator legal sufficiency: B - - . Po ac wic , Sr. County Attftey Approved as to form and legal sufficiency Christo h r Campio Attorneu the Kell E to 5 _ 1 r IN WITNESS WHEREOF , the undersigned have executed this Agreement as of the date first set forth below. THE ESTATE OF DANIEL J . KELLY BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY , FLORIDA R�✓Cw---- J��t� 'U U Pi tvUSSv/f . By677: ;4 . F oseph E . Flescher, Chairmp Personal. 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IN I is v �0 is � `- ta% +� r r.�'i rl��t" `tr c i i �Jis I I IN y IN I IV • 1 1111 1111111 1 � • 1 � ' ' • ' � It EXHIRIJ LEGAL DESCRIPTION : A PORTION OF LOT 38, THE MOORINGS, UNIT 4, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 8, PAGE 72 ; SAID LANDS ALSO BEING RECORDED IN OFFICIAL RECORDS BOOK 670, PAGE 1869, OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA; BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE NORTHWEST CORNER OF SAID LOT 38, THENCE RUN N76039'01 "E, ALONG THE NORTHERLY PROPERTY LINE OF SAID LOT 38, A DISTANCE OF 8. 66 FEET, THENCE RUN THE FOLLOWING THREE COURSES APPROXIMATELY 1 . 0 FEET EAST OF THE BACK OF A 2 FOOT DROP CURB, SAID LINE ALSO BEING THE PROPOSED EASTERLY RIGHT OF WAY LINE OF SPRING LAKE DRIVE (RIGHT OF WAY VARIES PER SAID PLAT); THENCE S07016107"W A DISTANCE OF 110. 15 FEET; THENCE S09'49104" W A DISTANCE OF 20. 76 FEET, THENCE S12'25917" W, A DISTANCE OF 12. 62 FEET TO A r POINT ON THE EASTERLY RIGHT OF WAY LINE OF SAID SPRING LAKE DRIVE, SAID POINT ALSO LYING ON THE WESTERLY PROPERTY LINE OF SAID LOT 38 AND LYING ON A CURVE CONCAVE EASTERLY HAVING A RADIUS OF 25. 00 FEET AND A CHORD BEARING OF N01 '26118" W; THENCE DEPARTING m SAID PROPOSED RIGHT OF WAY LINE RUN ALONG THE ARC OF SAID CURVE THRU A CENTRAL ANGLE OF 24'28133 ", A DISTANCE OF 10. 68 FEET TO A POINT OF REVERSE CURVATURE OF A CURVE HAVING A RADIUS OF 680. 00 FEET AND A CHORD BEARING OF N05018'42"E; THENCE RUN ALONG THE ARC OF SAID CURVE THRU A CENTRAL ANGLE OF 10658'13"9 A DISTANCE OF 130. 20 FEET TO THE POINT OF BEGINNING. CONTAINING: 512 SQUARE FEET, MORE OR LESS. LEGEND & ABBREVIATIONS : SURVEYOR ' S NOTES : - E BE BE = DESIGNATED BURIED ELECTRIC ' CABLE (SEE NOTE 2) 1 . THE BEARINGS SHOWN HEREON ARE BASED ON THE NORTH LINE OF LOT e = CENTERLINE 38, AS SHOWN ON THE PLAT FOR "THE MOORINGS — UNIT FOUR" , PER PLAT p = DELTA OR CENTRAL ANGLE BOOK 8, PAGE 72, OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, Z 2 .0' — -- = INDICATES THE DISTANCE FROM THE BACK OF FLORIDA. SAID LINE HAVING A BEARING OF N76 '39' 01 "E. CURB TO THE EXISTING RIGHT OF WAY LINE 2. ONLY ABOVE GROUND APPURTENANCES AND VISIBLE UTILITIES HAVE BEEN (C) = CALCULATED COURSE AND/OR DISTANCE LOCATED. THE BURIED ELECTRIC CABLE SHOWN HEREON WAS DESIGNATED CB = CHORD BEARING ( MARKED WITH RED PAINT) BY CITY OF VERO BEACH PERSONNEL AND LOCATED m COR = CORNER BY INDIAN RIVER COUNTY PERSONNEL ON THE DATE OF 11 - 30- 12. " INC . = INCORPORATED L = LENGTH 3. THIS SKETCH OF DESCRIPTION MEETS AND/OR EXCEEDS THE ACCURACY O. R. B . = OFFICIAL RECORDS BOOK REQUIREMENTS PER CHAPTER 5J- 17, FLORIDA ADMINISTRATIVE CODE. (P) = COURSE AND/OR DISTANCE PER PLAT P. B. = PLAT BOOK 4. ALL DISTANCES SHOWN HEREON ARE EXPRESSED IN U . S. SURVEY FEET. P . I . D . = PARCEL IDENTIFICATION PER PROIPER Y IARFRAISER'S MAP P . O. B. = POINT OF BEGINNING tt � � F 'r� 5. THIS MAP IS INTENDED TO BE DISPLAYED AT A SCALE OF 1 = 50 ' OR tt' F SMALLER . P. R .C . = POINT OF REVERSE CUR Vi 11�RtO ' < < f i , Epi ,,r w PROP = PROPERTY R/W = RIGHT OF WAY a � x r f o CERTIFICATION ` SURVEYOR ND MAPPER N RESPSIBLE CHARGE - w L 0 _ DAVID M . SILON P. S . M . THIS IS NOT A BOUNDARY SURVEY DATF� e. FLORIDA REGISTRATION No . 6139 f EI , `,kpN NOT COMPLETE WITHOUT SHEET 2 OF 2 INDIAN RIVER ASSISTANT COUNTY SURVEYOR NDIAN RIVER COUNTY ADMINISTRATION BUILDING w INDIANRIVBRCOUNTY DRAWN BY: SECTION 2N THE MOORINGS as UNIT FOUR LOT ' 38 SHEET 1801 27th STREET DoSIL ON J VERO BEACH , FL 32960 DepartrnentofPublic Works APPROVED BY: TOWNSHIP 335. SKETCH OF DESCRIPTION FOR (772) 567-8000 Bngkeeriag DiP SIOD DoSIL ON RANGE 40E. ADDITIONAL RIGHT OF WAY OF R/W zl THE MOORINGS - "I 0 25 50 100 w w 80 � IUNIT FIVE THE ANCHOR 1 1� P . B. 99 PG 98 11 1 1 i PARCEL "B " THE ANCHOR PROPERTYI GRAPHIC SCALE w p I OWNERS' ASSOCIATION INC. � Loa � P. I . D. No. - W FEET 1 / 33 40- 21 - 00008- 0000- 00000. 2 1 w Ow ; ( O. R. B. 635, PG 1827 — 'r — — — — N76039'Ol "E i BACK OF 2' , 181 . 43 �P�/ — CURVE No 3 (P) 8. 66 ' DROP CURB — / fig' (C� rWLyPROP f A = 19.28' 50" n I9p01" E 113. LINE C R= 250. 00' P . 00 i N� 6 3 L= 85. 00' NW COR OT 38 \ CB = S29021 '08"E 7. 1 ' ' w PROPOSED E'LY THE MOORINGS R/W LINE - UNIT FOUR cc a 1 ; E OF 2' DROP CURB) c P . B . 8 , PG 72 0 CURVE No 2 ( P) COMPASS = 10'58'13" LTJ m t° >\ n R = 680. 00' _Z a 1 0 LOT 38 \ COVE i L= 130. 20' --� w I 2. 0' N DANIEL KELLY / z CB= NO5'18'42"E OL >j W P. I . D . No. z Z Lu � 3 z 33- 40- 21 - 00005- 0000- 00038. 0 rY a CL O. R . B. 670, PG 1869 > I jzx � a i, w � i S09649204"W � L� 1 o 1 . 6 ' 20. 76' oma/ 1 CURVE No 1 ( C) "W `� I A = 24'28' 33" P. R . C. S12'25' 17 o��; ' R = 25. 00' 12 62CURVE No 4 (C) `� 1 \ L= 10. 68' / ' A = 5445'00" gory/ LOT 37 1 \ CB= NO1026'18"W I CORN E ON I R = 25. 00' I EDGE OF L= 23. 89' DAFFODIL INVESTMENTS INC. ry 8 CB= N41 '02'52" W / P . I . D. No. N \ / PAVEMENT ELECTRIC H 825 , 33- 40- 21 - 00008- 0000- 00037. 0 I w VAULT d% 4%b 44k, O. R. B . 1790, PG 1390 3 / BACK OF 2' �e0 0 1 a \ � NE WLY R W \ DROP CURBO (p� I o +, � � Y R/W t1Np p o I r / (60 ' RAW Rde q \�R F � � 1 W pe / \ doe PC THIS IS NOT A BOUNDARY SURVEY NOT COMPLETE WITHOUT SHEET 1 OF 2 NDIAN RNER COUNTY ADMINISTRATION BUILDING ' INDIANRIi2R COUNTY DRAWN BY: SECTION 2S THE MOORINGS - UNIT FOUR LOT 38 SHEET 1801 27tH STREET DeparimentofPublic Works D.SIL ON TOWNSHIP 335. SKETCH OF DESCRIPTION FOR 1 VERO BEACH , FL 32960 APPROVED BY: (772) 567-8000 EQgineering Division D.SILON RANGE 40E. ADDITIONAL RIGHT OF WAY of 2