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HomeMy WebLinkAbout2009-050 INAL AGREEMENT TO PURCHASE AND SELL REAL ESTATE 'THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 3RD day of March , 200q by and between Jansu Adams , Inc . ( " Sellers ") and Indian River County, apolitical subdivision of the State of Florida (" County") , who agree as follows : 1 . 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 4425 -4445 20th Street, Vero Beach, County of Indian River, State of Florida and more specifically described in Exhibit "A, " containing approximately 609 square feet, more or less , and all improvements thereon, together with all easements , rights and uses now or hereafter belonging thereto (collective T t "Property") . / 7, oto od I � , 2 . Purchase Price , Effective Date . The purchase price (the �'urchase Price ) for the Property shall be Fourteen-Thousand Seven -Dollars & 00/ 100 ( Sr1-4;06w7m } 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 , li ens , easements and encumbrances of record or known to Seller; but subj ect 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 . 3 . 2 County may order an Ownership and Encumbrance Report with respect to the Property . County shall , within thirty (3 0) days from receipt of the Ownership and Encumbrance Report, 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 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 . F :AI :n u .eri > > g`, i ohcrt �l � b1, + sri1 ac . ciipit �il =t jCl _1 \- cliril "'t � 1_ . an _{ 1 .�7uisition ` ian � u :idanisiii � , ur<i�� ccltl ; l � ) S . iinc 5 . Default . 5 . 1 In the event of a default by the County , the Seller shall be entitled, as its sole remedy hereunder , to terminate this Agreement. and neither the Seller nor any other person or party shall have any claim for specific performance , damages or otherwise against the County . 5 . 2 In the event the Seller shall fail to perform any of its obligations hereunder, the County shall be entitled to : (i) terminate this Agreement by written notice delivered to the Seller at or prior to the Closing Date , and pursue all remedies available hereunder and under applicable law; (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 Effective Date of this Agreement . 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) The Seller shall deliver to the County an affidavit, in form acceptable to the County , certifying that the Seller is not a non-resident alien or foreign entity, such that the Seller and such 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 . 7 . Pro -rations . 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. If the Closing Date occurs during the time interval commencing on November 2 and ending on December 31 , Seller 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 Seller shall , in accordance with Florida Statutes Section 196 . 295 , pay an amount equal to the current real estate taxes and assessments , prorated to the Closing Date . 8 . 0 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 { � � Robert WC. N ,-1 srd ;? ve . � -ipitull=i3iij r; vc` 43rii �� � c_Land '��. �� uisiuuir ` . far � u � dani ,incCiur,.�grcelti3l ( 1R . iiia 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 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 Not *1ces . 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 , as follows : If to Seller : James H . Andrews , Jr. Jansu Adams , Inc . P . O . Box 7929 Jacksonville , FL 32238 If to County : Indian River County 184127 1h Street, Vero Beach, FL 32960 Attn : _ Bob Webb Land Acquisition Either parry 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 aay 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 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 swom 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 F : � Gm rn �: erin � Ewobert W61M43) rJ ave . ca1) j ! tLd \43rd , vcA41rd . -lve Loatd ,Acciuisition '% .Mutsu ,Ad �uttsinc-punt rec; It� 3108 . dac Seller is not required to disclose persons or entities holding less than five ( 5 %) percent of the beneficial interest in Seller . 8 : 11 " Seller acknowledges receipt of the "Notice to Owner " and understands his/her rights granted under Florida Law Chapters 73 and 74 . " (initial ) IN WITNESS WHEREOF , the undersigned have executed this Agreement as of t_he dace ,First set forth above . SELLERS INDIAN RIVER COUl`rTY , FLORIDA BOARD OF' COL'NJTY COMMISSIONERS Jansu Adams , Inc . y`e Wesley S . AavisoUliamirrian Ir s H . Andrews , Jr . Date Signed : March 3 , 2009 Date Signed : � ' 0 ` ATTEST : J . K . Barton, Clerk By : Deputy Clerk Date Signed : March 3 , 2009 By . , IC seph A . Baird, County Administrator Dat igned : March 3 , 2009 Appr v s to f an 7Ce efficiency : By -.�.. illiam K . Braal Deputy County Attorney 1 } : >> gii , ecrin �,�` F'. ihert 1Fdebh\? 3id , n � . cr.pitah-: 3rd we',-i aril Ave �.aud �'ic � � i •, itioaiJansuAcitiir. �in � n �� r: c, li ) i ;) 8 . doc EXHIBIT 99A " SKETCH TO ACCOMPANY DESCRIPTION . THIS IS NOT A SURVEY ! wl 126 Q i 21ST PLACE w 125 z w uj SER R �' w > LLj 106 104 Ir 105 - ' x- 109 110 _I 112 ,1 I � 1141 r - - - - - _ _ 101 _ . ` � _ _ _ . _ _ . _ _ _ - - STATE ROUTE 60 - - - - - - - - 107 I 108 1 13 � - _-. 103 102 - j I - - j w123 , Iuj _. _ . v _. _.-_ - w -- - I w I f I I 122 121 I I I I"7 -- — — — -- r7 pa - 1 T9 STREET z rw 118--- I --- > 117 � _ L_ . 116 _ I I I ( SCALE : N . T . S .i , r_ _....____i it i _ II f 115 I � _ _...�..._� ........_...� .__� 18TH STREET I PROJECT MANAGER DEPARTMENT MANAGER SCALE: qBYP.C.W. P.C.W. P.C .W.ni �� ��� � SHEET TITLE DATE:SKETCH OF DESCRIPTION KEYMAP10— —Ds FOR S.R. 60 do 43RD AVENUE RIGHT—OF—WAY PROJECT NUMBER ARCADIS G & M , INC . AOUISMON PARCEL N0. 100181 Vista Parkway Tel: (561 ) 697-7000 Fax: (561 ) 697-7751 4WPOO1027 West Palm Beach , Florida 33411 www,arcadis-us.com SHEET i OF 3 EXHIBIT " A " LAND DESCRIPTION : PARCEL 100 A PORTION OF A PARCEL OF LAND DESCRIBED IN OFFICIAL RECORDS BOOK 298 , PAGE 399 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY , FLORIDA BEING A PORTION OF TRACT 9 , INDIAN RIVER FARMS COMPANY SUBDIVISION ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 2 , PAGE 25 OF THE PUBLIC RECORDS OF ST . LUCIE COUNTY , FLORIDA , LYING , SITUATED AND BEING IN SECTION 4 , TOWNSHIP 33 SOUTH , RANGE 39 EAST , INDIAN RIVER COUNTY , FLORIDA , BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS : COMMENCE AT THE EAST ONE - QUARTER ( E . 1 / 4 ) CORNER OF SAID SECTION 4 ; THENCE NORTH 89 ' 19 ' 17 " WEST , ALONG THE EAST - WEST ONE - QUARTER ( 1 / 4 ) SECTION LINE , A DISTANCE OF 369 . 59 FEET ; THENCE SOUTH 00 ' 40 ' 43 " WEST , A DISTANCE OF 50 . 00 FEET TO A POINT ON THE SOUTH RIGHT - OF - WAY OF STATE ROAD 60 AS SHOWN ON FLORIDA DEPARTMENT OF TRANSPORTATION RIGHT - OF - WAY MAP , PROJECT NUMBER 88060 - 2525 AND TO THE POINT OF BEGINNING OF HEREIN DESCRIBED PARCEL OF LAND ; THENCE SOUTH 00' 01 ' 01 " WEST , ALONG THE WEST LINE OF 44 TH AVENUE A DISTANCE OF 1 2 . 27 FEET ; THENCE NORTH 89 ' 31 ' 04 " WEST , A DISTANCE OF 20 . 15 FEET ; THENCE NORTH 77' 06105 " WEST , A DISTANCE OF 58 . 27 FEET TO A POINT ON THE SOUTH RIGHT - OF - WAY LINE OF SAID STATE ROAD 60 ; THENCE SOUTH 89 ' 19 ' 17 " EAST , ALONG SAID SOUTH LINE , A DISTANCE OF 76 . 96 FEET TO THE POINT OF BEGINNING . CONTAINING 0 . 014 ACRES MORE OR LESS . SUBJECT TO EASEMENTS , RESERVATIONS AND RIGHT - OF - WAYS OF RECORD . BEARINGS SHOWN HEREON ARE BASED ON THE EAST WEST ONE - QUARTER SECTION LINE OF SAID SECTION 4 , HAVING A BEARING OF SOUTH 89 ° 19 ' 17 " EAST . ALL BEARINGS ARE RELATIVE THERETO , CERTIFICATION , I HEREBY CERTIFY THAT THE DESCRIPTION AND ATTACHED SKETCH OF DESCRIPTION WERE PREPARED IN ACCORDANCE WITH THE SURVEYING STANDARDS , CHAPTER 61 G17 - 6 , FLORIDA ADMINISTRATIVE CODE , AS SET FORTH BY THE FLORIDA BOARD OF PROFESSIONAL SURVEYORS & MAPPERS , PURSUANT TO SECTION 472 . 027 , FLORIDA STATUTES , AND IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF , Ir 10 NOTE : THIS IS NOT A SKETCH OF SURVEY , BUT ONLY A GRAPHIC DEPICTION OF THE DESCRIPTION SHOWN HEREON . PERRY// ' ERRY C . WHITE THERE HAS BEEN NO FIELD WORK , VIEWING OF THE SUBJECT PROFESSIONAL SURVEYOR & MAPPER PROPERTY , OR MONUMENTS SET IN CONNECTION WITH THE N0 . ESSI STATE OF FLORIDA PREPARATION OF THE INFORMATION SHOWN HEREON . DATE : 11 - 1.2 - 06/ 7 NOTE : LANDS SHOWN HEREON WERE NOT ABSTRACTED FOR RESTRICTIONS , RIGHTS - OF - WAY AND EASEMENTS OF RECORD . PROJECT MANAGER DEPARTMENT MANAGER SCALE: CHECKED BY P.C .W. P.C.W. 1 " = 30' P.C .W . A R CA D I SHEET TITLE DATE: DRAWN BY FIL2 S SKETCH OF DESCRIPTION PROJECT N J.A.F. ARCADIS GSM, INC. - FOR S.R. 60 k 43RD AVENUE RIGHT-OF—WAY PROJECT NUMBER DRAWING NUMBER 2081 Vista Parkway Tel AQUIS(TION PARCEL NO. (561 ) 697-7D00 Fax' (561 ) 697-7751 100 WP001027 1027SD01 B West Palm Beach, Florida 33411 www.arcadis-us.com SHEET 2 OF 3 EXHIBIT " A " SKETCH TO ACCOMPANY DESCRIPTION . THIS IS NOT A SURVEY ! C +23. 74 \ 50 . 00 ' 80. 00 ' RT. P . O . C . wON SESSIONS ddO%OMp MISSIONS EAST 11/ 4 CORNER n + 48. 16 N00601 ' 01 "E o SEC . 4 - 33 - 39 30. 00 ' RT. 12 ' 27 44TH_ AVENUE00 N _ _ ( 50 ' \ +23. 88 o O I P . O . B . 92. 27' RT. in \ 50 . 00 ' _ _ SESSIONS `O 100' 40 ' 43 " E - S00' O1 ' 01 "W 528 . 92 ' LLJo� 30 . 00 ' rn " ^ S89 31 04 E mow °; i 20 . 15 °°ry N +03. 74 �-ii = \ 92. 33 ' RT. SCALE : N . T . S . INS w o a Cn N77' 06 ' 05 "W Q Ld � � I o 58 . 27 ' (f o \ 80 . 00 ' N OWNER : if I JANSU ADAMS , INC . ( WD2352 ) a; cv +46. 78 O . R . B . 298 , PG. 399CID 5 6 80. 00 ' RT. �' Ln u. T R A CT} 9,} SOL N \ a a : s i� :y . }•+. . arsratT rt;, Y :. a. . ^ \ LEGEND : �� SO a � N \ z I - BASELINE �2o CENTERLINE In n � `�' \ F . D . O . T . - FLORIDA DEPARTMENT OF TRANSPORTATION G >ry Q o I Lim! O . R . B . - OFFICIAL RECORDS BOOK M z `"� r� P . B . - PLAT BOOK r � PGS . _ PAGES M P . O . B . POINT OF BEGINNING z 00 P . O . C . - POINT OF COMMENCEMENT � I N Z R / W - RIGHT - OF - WAY 'oor 00 ACQUISITION PARCEL z NUMBER I lw- too - ADJOINING PARCEL NUMBER CI) i N0 `�` � `r S69421 ' 13 "W - 76 . 87 ' C13f` I ` S00' 01 ' 30 "W 514 . 43 ' I PROJECT MANAGER DEPARTMENT MANAGER SCALE: CHECKED BY P.C.W. P.C.W. P.C .W. P .C.W. ARCADIS SHEET TITLE DATE: DRAWN BY y SKETCH OF DESCRIPTION 11 — —os J.A.F. FOR S.R. 60 At 43RD AVENUE RIGHT—OF—WAY PROJECT NUMBER DRAWING NUMBER ARCADIS G& M, INC. AOUISITION PARCEL N0. 100 2081 Vista Parkway Tel: (561 ) 697-7000 Fax (561 ) 697-7751 WP�� 1 �27 1027SD01B LeWest Palm Beach , Florida 33411 www.arcadis-us.com SHEET 3 OF 3