HomeMy WebLinkAbout2005-114 RESOLUTION NO. 2005- 1 1 4
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY, FLORIDA, APPROVING THE SALE OF REAL
PROPERTY, PURSUANT TO AN AGREEMENT TO PURCHASE AND
SELL REAL ESTATE, TO SUNSHINE REHABILITATION CENTER OF
INDIAN RIVER COUNTY, INC., A FLORIDA NON-PROFIT CORPORATION
D/B/A SUNSHINE PHYSICAL THERAPY CLINIC IN ACCORDANCE WITH
FLORIDA STATUTES SECTION 125.38 FOR CONTINUED COMMUNITY
"INTEREST AND WELFARE USE AS A PHYSICAL THERAPY CLINIC.
WHEREAS, effective June 22, 1964, the County and Sunshine Rehabilitation
Center of Indian River County, Inc., a Florida non-profit corporation ("Sunshine") entered
into a Lease (the 1964 Lease") for certain real property situated in Indian River County,
having an area of approximately 1.41 acres and a street address of 1705 17th Avenue and
more specifically described on Exhibit "A" attached hereto and incorporated by this
reference ("Property");
WHEREAS, in 1979 Sunshine adopted the fictitious name of Sunshine Physical
Therapy Clinic;
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WHEREAS, effective February 20, 1980, the County and Sunshine entered into a a
new forty (40) year Lease (the 1980 Lease") for the Property that specifically recited that
the 1964 Lease was revoked and terminated;
WHEREAS, the 1964 Lease and the 1980 Lease were each entered in accordance
with Florida Statutes section 125.38, the statutory authorization for the County to lease
land not needed for County purposes to a not-for-profit corporation organized for the
purposes of promoting community interest and welfare for a nominal amount regardless of
the actual value of the real property;
WHEREAS, on April 19, 2005, Sunshine requested that the Board of County
Commissioners sell the Property that is currently subject to the 1980 Lease to Sunshine in
accordance with Florida Statutes section 125.38 so that the Sunshine Physical Therapy
Clinic may remain on the Property and be expanded;
WHEREAS, in accordance with Florida Statutes section 125.38, the Board of
County Commissioners finds: (i) that the sale of the Property promotes the community
interest and welfare; (ii) that such Property is required for such community interest and
welfare use; and (iii) such Property is not needed for County purposes;
WHEREAS, in accordance with Florida Statutes section 125.38, the Board of
County Commissioners, having made the required findings, may thereupon convey the
Property at private sale to Sunshine for such price, whether nominal or otherwise, as the
Board of County Commissioners may fix, regardless of the actual value of such Property;
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RESOLUTION NO. 2005- 114
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that
1. the sale of the Property promotes the community interest and welfare; (ii) such
Property is required for such community interest and welfare use; (iii) such
Property is not needed for County purposes; and (iv) the purchase price for the
Property is Three Hundred and Fifty-Two Thousand Dollars ($352,000.00).
2. an Agreement to Purchase and Sell Real Estate between the Board of County
Commissioners of Indian River County, Florida, and the Sunshine Rehabilitation
Center of Indian River County, Inc., a Florida non-profit corporation d/b/a
Sunshine Physical Therapy Clinic., for Three Hundred and Fifty-Two Thousand
Dollars ($352,000.00) is hereby approved.
The foregoing Resolution was offered by Commissioner Bowden and
seconded by Commissioner Davi s , and, upon being put to a vote, the vote
was as follows:
Chairman Thomas S. Lowther Ave
Vice Chairman Arthur R. Neuberger Aye
Commissioner Sandra L. Bowden Aye
Commissioner Gary C. Wheeler Aye
Commissioner Wesley S. Davis Aye
The Chairman thereupon declared the Resolution duly passed and adopted this 2nd day of
August, 2005.
BOARD OF COUNTY COMMISSIONERS
INDI VER COUNTY, FLORIDA
s : Barton, C
Thomas S. Lowther, Chairman
Deputy Clerk
App ed a o form and legal sufficiency:
Maria F I
Assistant County Attorn y
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PARCEL # 33390200000700000001.2 NAME INDIAN RIVER COUNTY,
LEGAL ADDR1 C/O SUNSHINE REHAB CTR
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TAXES awmt. TIC 8 DR IRF EXEM. WHL ZIP 32960
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SALES 1===> SALE CD BOOK PAGE DATE PRICE
2===> SALE CD BOOK PAGE DATE PRICE
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VALUES LAND 77900 BLDG 450000 MISC 20910 JUST VALUE 548810
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LA_ND ACRES 1 . 41 FRNTAGE 000000. 00 DEPTH . 00 TYPE A
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IMP PUSE 8600 STYLE COMM BASE ADJ 7216 YRBLT 00
----------------------------------------------------•--------------------------
PFTY AnnR 170.5 17TH AV V'-rn Raanh .7962
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AGREEMENT TO PURCHASE AND SELL REAL ESTATE
THIS AGREEMENT TO PURCHASE, AND SELL REAL ESTATE (this "Agreement") is
made and entered into as of the2_nd_ day of X005, by and between Indian River County, a
political subdivision of the State of Florida, 1840 25th Street,Vero Beach, FL 32960 ("Seller"), and
Sunshine Rehabilitation Center of Indian River County; Inc., a Florida non-profit corporation d/b/a
Sunshine Physical Therapy Clinic, 1705 17th Avenue,Vero Beach, FL 32960("Buyer"), who agree
as follows:
1. Agreement to Purchase and Sell. Seller hereby agrees to sell to Buyer, and Buyer hereby
agrees to purchase from Seller, upon the terms and conditions set forth in this Agreement, that
certain parcel of real property located at 1705 17th Avenue, Vero Beach, County of Indian River,
State of Florida and more specifically described on Exhibit"A"attached hereto and incorporated
by this reference containing approximately 1.41 acres, in"as-is,where-is"condition,together with
all easements, rights, and uses appurtenant thereto, if any, (collectively, the "Property").
2. Purchase Price, Effective Date. The purchase price(the"Purchase Price")for the Property
shall be Three Hundred and Fifty-Two Thousand Dollars($352,000.00). The Purchase Price shall
be paid by Buyer to Seller on the Closing Date. The Effective Date of this Agreement shall be the
date upon which Indian River County as Seller 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 and Survey. Seller shall convey marketable title to the Property by County deed,
pursuant to Florida Statutes, Section 125.411, subject, as set forth herein, to that certain Lease
between Seller, as Lessor, and Buyer as Lessee dated February 20, 1980 (the "Lease"); and
further subject to property taxes for the year of Closing and covenants, restrictions, and public
utility easements of record provided that none of the foregoing prevents Buyer's intended use and
development of the Property(the"Permitted Exceptions"). The parties acknowledge and agree
that at Closing the Lease shall terminate, by operation of law, upon recordation of the County deed
contemplated in Section 6.1 of this Agreement.
3.1 At Buyer's sole cost, Buyer may order an Ownership and Encumbrance Report or
Title Insurance Commitment with respect to the Property. Buyer shall, prior to the expiration of the
Inspection Period(as hereinafter defined),deliver written notice to Seller of title defects. Title shall
be deemed acceptable to Buyer if (a) Buyer fails to deliver notice of defects within the time
specified; (b) Buyer delivers notice to Seller to terminate this Agreement, whereupon this
Agreement shall be of no further force and effect; or(c) Buyer delivers notice to Seller to accept
title subject to existing defects and proceed to closing.
3.2 At Buyer's sole cost, Buyer may obtain a survey of the Property (the "Survey"),
certified to Buyer, Seller, the Title Company (and underwriter) issuing the Title Insurance
Commitment, and Buyer's lender, if any, and certifying,that such Survey was prepared in
accordance with the minimum technical requirements and standards promulgated by the Florida
Board of Professional Land Surveyors. Any defects shown on the Survey shall be objected to and
handled in the same manner as set forth in Paragraph 3.1 above; provided however, Buyer shall
have five (5) days from receipt of the Survey to deliver written notice of any defects to Seller.
4. Inspection Period. Buyer shall have until 5:00 p.m. on the date that is thirty (30)
calendar days from the Effective Date hereof(the"Inspection Period"), to determine, in Buyer's
sole and absolute discretion,that the Property is suitable and satisfactory for Buyer's intended use.
Buyer shall have the unconditional and absolute right to terminate this Agreement for any reason
whatsoever during the Inspection Period, including but not limited to, the inability to obtain
adequate financing. In order to terminate this Agreement, Buyer must provide Seller with written
notice so stating no later than the expiration of the Inspection Period. Thereafter, the parties shall
have no further duties, obligations or responsibilities hereunder, except matters specifically stated
herein as surviving the termination of this Agreement.
4.1 Within five (5) business days after the Effective Date, Seller shall deliver to Buyer
copies of all documents, if any, in Seller's possession concerning the Property ("Seller's Due
Diligence Information"). During the Inspection Period, Buyer may cause its agents,consultants,
surveyors, engineers,and employees, as needed,to go upon the Property to inspect, examine and
otherwise undertake those actions which Buyer, in its discretion,deems necessary or desirable to
determine the suitability of the Property for Buyer's intended uses. Neither Buyer, nor any of
Buyer's agents, shall damage any portion of the Property or any surrounding property, and Buyer
hereby agrees to indemnify and hold Seller harmless for any such damage caused by Buyer or
Buyer's agents, and this indemnity shall survive the termination of this Agreement.
4.2 In the event Buyer fails to provide Seller with the required written notice of
termination prior to the expiration of the Inspection Period, Buyer shall automatically be deemed to
have elected to waive its right to terminate this Agreement under this Paragraph 4. Buyer shall
keep the Property free and clear of any liens and encumbrances in connection with its inspections
of the Property.
5. Representations of Seller.
5.1 Seller is seized of marketable,fee simple title to the Property,and is the sole owner
of and has the authority to convey and transfer the Property, pursuant to Florida Statutes section
125.38, subject to the Lease as set forth in this Agreement.
5.2 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 Buyer.
5.3 Except as specifically set forth herein,Seller makes no representations or warranties
of any nature whatsoever, express or implied, with respect to the Property.
6. Default.
6.1 In the event Buyer shall fail to perform any of its obligations hereunder, Seller shall,
at its sole option, be entitled to: (i) terminate this Agreement by written notice delivered to Buyer
prior to the Closing Date or at Closing and thereupon neither Seller nor any other person or party
claiming by, though, or under Seller shall have any claim for specific performance, damages, or
otherwise against Buyer; or (ii) waive Buyer's default and proceed to Closing.
6.2 In the event Seller shall fail to perform any of its obligations hereunder, Buyer shall,
at its sole option, be entitled to: (i) terminate this Agreement by written notice delivered to Seller
prior to the Closing Date or at Closing and thereupon neither Buyer nor any other person or party
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claiming by, though, or under Buyer shall have any claim for specific performance, damages or
otherwise against Indian River County as Seller; or (ii) obtain specific performance of the terms
and conditions hereof; or (iii) waive Seller's default and proceed to Closing:
7. Closing.
7.1 The closing of the transaction contemplated herein ("Closing" or "Closing Date")
shall take place within sixty(60) days following the Effective Date of this Agreement. The parties
agree that the Closing shall be as follows:
(a) Indian River County as Seller shall execute and deliver to Buyer a County deed
conveying marketable title to the Property as required by Paragraph 3 of this Agreement.
(b) Buyer and Seller acknowledge and agree that Buyer is currently in possession of the
Property under the terms of the Lease, and the delivery of unencumbered possession of the
Property to Buyer shall be accomplished by the delivery and recordation of: (i)the County deed
as set forth in this Agreement in the public records of Indian River Count, Florida; and (ii) the
Indian River County Board of County Commissioners resolution required by Florida Statutes
section 125.38 in the Indian River County Board of County Commissioners Records Books kept by
the Clerk of the Circuit Court.
(c) Buyer and Seller shall each deliver to the other such other documents or instruments
as may reasonably be required to close this transaction.
8. Closing Costs: Expenses.
8.1. Seller shall prepare the County deed and resolution required in Paragraph 7.1 of this
Agreement.
8.2 Buyer shall pay the following expenses at Closing:
8.2.1 The cost of recording the County deed, together with payment of all documentary
stamps required to be affixed to the County deed;
8.2.2. All documentary stamps, any other taxes and surcharges, and all recording fees
associated with the recordation of any note and mortgage obtained by Buyer; all recording fees on
any financing statements associated with any financing obtained by Buyer; any and ail loan
expenses incurred by Buyer in connection with the transaction contemplated in this Agreement.;
and all title insurance premium and endorsement costs associated with any lender's title policy and
owner's title policy for the Property.
8.2.3. 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 Buyer.
8.3 Seller and Buyer shall each pay their own attorneys'fees, if any, in connection with
the transaction contemplated in this Agreement.
9. Miscellaneous.
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9.1 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.
9.2 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, Buyer 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. Buyer shall have the
right to participate in any such proceedings.
9.3 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 Seller and Buyer 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.
9.4 Assignment and Binding Effect. Neither Buyer 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.
9.5 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 Buyer: Sunshine Rehabilitation Center of Indian River County, Inc.
170517 th Avenue, Vero Beach, FL 32960
Attn: Mr. Chris Beal .
Facsimile # (772) 562-3153
With a Copy to: Rossway Moore & Taylor, P.L.C.
5070 N. Hwy A1A, Suite 200
Vero Beach, Florida 32963
Attn: Douglas Case, Esq. / Keiii M. Salo, Esq.
If to Seller: Indian River County
184025 th Street, Vero Beach, FL 32960
Attn: Joseph A. Baird, County Administrator
Facsimile# (772) 778-9391
Either party may change the information above by giving written notice of such change as provided
in this paragraph.
9.6 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
4
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.
9.7 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.
9.8. Counterparts. This Agreement may be executed in two or more counterparts, each
one of which shall constitute an original.
9.9. County Approval Required: This Agreement is subject to approval by the Indian
River County as set forth in Paragraph 2.
9.10 Special Conditions:
9.10.1. Lease. The parties acknowledge and agree that the Lease shall terminate, by
operation of law, upon recordation of the County deed and resolution contemplated in Section 6.1
of this Agreement.
9.10.2.Zoning. The parties acknowledge and agree that the Property is located in the City
of Vero Beach, and that all land use designations and zoning designations for the Property are
governed solely by City of Vero Beach ordinances, regulations, and rules.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date
first set forth above.
BUYER: SELLER:
Sunshine Rehabilitation Center INDIAN RIVER COUNTY, FLORIDA
of Indian River County, Inc., Board of County
Commissioners
a Florida non-profit corporation
d/b/a Sunshine Physical Therapy Clinic
By------- ------------ ---- By:— --S�—�' ----
Title: _,zc?e c.v�_-_ aos��c o Y,j26e7-e* s Thomas S. Lowther, Chairman
Date Signed: —_! S__ BCC Approval Date 08-02 2005 _
test: Barton, Cl rk
B ---------------=-----
Deputy Clerk
Approved:
By:_ _ _r_ A c-A--- _
County Administrator
5 Approved as to f m and legal sufficiency:
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TREET------------------------ ---------------------®------- ----------- _—'`•
PARCEL # 33390200000700000001.2 NAME INDIAN RIVER COUNTY,
LEGAL ADDR1 C/O SUNSHINE REHAB CTR
FROM SW COR OF SE1/4 OF SEC 2-33-39 RUN ADDR2 170.5 17TH AVE
N ALONG 1/4 SEC LINE 80 FT TO. A PT ON N . ADDR3
R/W LINE OF 16TH ST, TH E 943. 19 FT MORE CITY VERO BEACH ST. F.•
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TAXES TIC 8 DR IRF EXEM. WHL ZIP 32960
------------------------------------------------------------------------------
SALES 1===>' SALE CD BOOK PAGE DATE PRICE
2===> SALE CD BOOK PAGE DATE PRICE
------------------------------------------------------------------------------
VALUES LAND 77900 BLDG 450000 MISC 20910 JUST VALUE 54881(
------------------------------------------------------------------------------
LA_ND ACRES 1 . 41 FRNTAGE 000000. 00 DEPTH . 00 TYPE A
-------------------------=--------------------------------------------.--------
IMP PUSE 8600 STYLE COMM BASE ADJ 7216 YRBLT 0(
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