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HomeMy WebLinkAbout2011-092 '4 // 0- / / 1 ATRUECOPY 3 E) CERTIFICATION ON LAST PAGE J * K * BARTON , CLERK C) 3 IN THE CIRCUIT COURT OF THE NINETEENTH JUDICIAL CIRCUIT IN AND FOR INDIAN RIVER COUNTY, FLORIDA CIRCUIT CIVIL DIVISION o INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida, Petitioner, Case No . : 2009- CA- 010963 V . Parcel Nos . : 110 (Stanbridge) CHARLENE B . BROWN , et al . Defendants . MEDIATED SETTLEMENT AGREEMENT At the Mediation Conference held on March 9 , 2011 , the parties reached the following Settlement Agreement : 1 . Petitioner will pay to Defendants , William H . Stanbridge and Ruth M . Stanbridge, the sum of $ 510 , 000 . 00 in full settlement of all claims for compensation from Petitioner whatsoever, including statutory interest and all claims related to real estate and business damages, if any, but excluding attorney ' s fees , experts ' fees, and costs . Said sum will be subject to claims of apportionment, if any. Petitioner is entitled to a credit in the amount of $ 177 , 000 . 00, said amount having been previously deposited in the Registry of the Court in this case by Petitioner. Upon the satisfaction of the terms and conditions of this Settlement Agreement and the entry of the Stipulated Final Judgment in this matter, Petitioner will deposit in the Registry of the Court the sum of $ 333 ,000 . 00 , representing the difference between the total settlement sum referenced above and Petitioner ' s previous deposit referenced above . 2 . In addition to the settlement sum referenced in Paragraph 1 , Petitioner will pay to Defendants ' attorney $ 96, 612 . 50 in full settlement and satisfaction of all attorney ' s fees and attorney ' s litigation costs incurred by Defendants in this case, including all attorney' s fees and attorney' s litigation costs related to monetary and non-monetary benefits, and supplemental proceedings, if any . 3 . In addition to the settlement sum referenced in Paragraph 1 of this Settlement Agreement, Petitioner will pay to Defendants ' expert witnesses an amount to be determined by negotiation or hearing. 4 . This Settlement Agreement is subject to and conditioned upon fmal 4 ATRUECOPY CERTIFICATION ON LAST PAGE J . K . BARTON , CLERK approval by the Indian River County Board of County Commissioners on or before April 303 2011 . Petitioner ' s legal counsel and staff will recommend approval of this Agreement to the Indian River County Board of County Commissioners . 5 . Counsel for Petitioner and Defendants will jointly submit to the Court a mutually approved Stipulated Final Judgment containing the terms and conditions of this Settlement Agreement within ten days following the final approval of this Agreement by the Indian River County Board of County Commissioners . 6 , Parcels 109 and 110 retain their separate status and each remainder parcel shall retain the ability to sustain separate new single family residences . 7 . Defendants are granted extended occupancy on the same terms and conditions as the Order of Taking entered as to Parcel 110 . 8 . Construction plans showing separate driveways to Parcels 109 and 110 shall be attached to the Stipulated Final Judgment . Petitioner shall construct the driveways in substantial conformance with the construction plans . 9 . Defendants may move any structure or plant located in the part taken. Defendants shall abide by all state and local regulations concerning moving of the structures . This Settlement Agreement, dated March 9 , 2011 , contains all of the agreements of the parties . Christopher R. Mora on behalf of Defendant, William H. Stanbr ge fl. Petitioner, Indi ereoun`�ty � thony V . Policastro , sq . Defendant, Ruth M . Stanbrid Attorney for Petitioner . i11_iam K. eBraal , sq. Davi H oway, Esq . Attorney for Petitioner Attey f Defendants William B Smith, Esq. Brent Simon, q. Mediator Attorney for D ndants Np IN WITNESS WHEREOF , the undersigned have approved and executed this Mediated Settlement Agreement on this 12 day of April 2011 . ' ° iflA1S�s BOARD OF COUNTY COMMISSION � �, , , . , , , , ,, INDIAN RIVER COUNTY , FLORIDO �;.' ' ®, a . g e f a r BY : s Bob Solari , Charman 4 110 • °Q • . . . got • . BCCApproved : April 12 , 2011 °° copo, ne Approved : By 1 Jos h A . Baird County Administrator Attest : Jeffrey K . Barton , Clerk of Court By : cz Z44 Deputy Clerk Approved as to form and al suff• iency t '+ f . William K . DeBraal STATE OF FLORIDA : y Deputy Count AttorneyINDIAN RiVtR COUNTY p y y THIS ISTOCERTIFYTHAI:T.THI-tIS :. ATRUE AN &CORRECT.COPY,OF THE ORIGUTAC00 FILE 1It7HI8 OFFICE EF REY a `B ETON , CLEFIK DATE