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HomeMy WebLinkAbout2005-015RESOLUTION NO. 2005- 015 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, APPROVING AN EXCHANGE OF PROPERTY WITH . MOUNT ZION BAPTIST CHURCH. WHEREAS, Mount Zion Baptist Church owns property -lying within the boundaries proposed for the new County Administration Building campus; and WHEREAS, Indian River County holds certain property not needed for County purposes, and such property may, to the best interest of the County, be exchanged for other real property which the County may desire to acquire for County purposes; and WHEREAS, pursuant to Florida Statute 125.37,. a notice setting forth the terms and conditions of the exchange has been published once a week for two weeks in a newspaper of general circulation published in the county; and WHEREAS, Mount Zion Baptist Church owns two Tots together with structures thereon within the boundaries of the campus of the new County Administration Building; and WHEREAS, Indian River County and Mount Zion Baptist Church are proposing an exchange of real property within Indian River County, with the terms and conditions of the exchange as follows: 1. The County shall pay to Mt. Zion Baptist Church the sum of $540,000.00, and 2. The County shall deed 21/2 acres located at the southwest corner of 45th Street and 43r' Avenue to Mount Zion Baptist Church. 3. Simultaneously, Mount Zion Baptist Church shall deed to Indian River County Lot 6, Block 5, and Lot 15, Block 2, Booker. T. Washington Addition, Plat Book 2, Page 34, Public Records of Indian River County. 1 F:Wttorney\Bill\Agreements\Mt Zion Land Swap\Resolution for mt zion property exchange.doc RESOLUTION NO. 2005- 015 4. Mount Zion Baptist Church shall escrow with Indian River County Tax Collector, any real estate taxes which may be due, pro rated as of the date of closing. 5. Each party will shall bear its own costs including documentary stamps and recording fees, if any. Each party will be responsible to provide its own title insurance at its own expense as to the property it acquires. Each party shall bear its own attorney's fees. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the exchange of real property pursuant to the terms and conditions set out above are hereby approved and the Chairman or Vice Chairman is authorized to execute this resolution and any and all instruments necessary to effectuate the exchange. The resolution was moved for adoption by Commissioner Neuberger , and the motion was seconded by Commissioner Bowden , and, upon being put to a vote, the vote was as follows: Thomas S. Lowther, Chairman Arthur R. Neuberger, Vice Chairman Aye Wesley S. Davis Aye Gary C. Wheeler Nay Sandra L. Bowden Aye The Chairman thereupon declared the resolution duly passed and adopted this h day of 3fintiaejt 2005. February Aye BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By S. Thomas S. Lowther, Chairman BCC approved: 02-08-2005 2 F:\Attorney\Bill\Agreements\Mt Zion Land Swap\Resolution for mt zion property exchange.doc RESOLUTION NO. 2005- 015 ATTEST =Jeffrey K. Barton '--Clerk By: Deputy Clerk Approved as to form and legal sufficienc By: illiam K. DeBraal Assistant County Attorney 3 F:\Attorney\Bill\Agreements\Mt Zion Land Swap\Resolution for mt zion property exchange.doc