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HomeMy WebLinkAbout2008-237IN RE: Indian River County (the "County") and Woodrow Dawsey (the "Property Owner") At a Mediation Conference held on June 9, 2008, the parties reached the following Settlement Agreement: 7-i5-Ja 13.c.( 4.Dow _ 37 1, The County will pay to the Property Owner, Woodrow Dawsey, the sum of $465,000.00 in full settlement of all claims for compensation from Petitioner whatsoever, but excluding attorney's and experts' fees and costs. Said sum will be subject to claims for apportionment, if any. 2. Counsel for the County and the Property Owner will jointly submit to the Court a mutually approved Stipulated Order of Taking and Stipulated Final Judgment in this matter as soon as practical hereafter, but not prior to the satisfaction of all conditions contained herein, including final approval by the Board of County Commissioners of Indian River County. 3. The County will deposit into the Court Registry $495,412.50, which amount includes $465,000.00 in full compensation to the property owner for the entire three acres of property and improvements taken in this case, and $30,412.50 for all fees and costs in this case, as itemized in Paragraph 4 of this Agreement, within twenty (20) days of the actual date of receipt by the County's counsel of a conformed copy of the aforesaid Stipulated Order of Taking and Final Judgment from the Court. 4, The County will pay $ 24,412.50 in full payment and settlement of all of the Property Owner's attorney's fees and costs and will pay $6,000.00 in full payment and settlement of all of the Property Owner's experts' fees and costs in this matter. Oz G "JAL SIGN Z 1t, 5. Property Owner shall be entitled to an extended possession of the property until January 31, 2010. The monthly rental rate shall be $1.00 per month. Property Owner shall include the County as an additional insured on the property liability insurance policy during the period of extended possession. $5,000.00 shall remain in the Court Registry until the Property Owner vacates the premises. Property owner further agrees to comply with all of the terms and conditions of the County's standard lease agreement during the period of extended possession. 6. This Agreement is subject to and conditioned upon review and approval by the Board of County Commissioners of Indian River County. Said review shall occur not later than August 1, 2008, 7, This Agreement, dated June 9, 2008, contains all of the agreements of the parties. MroffCel Zito, Esq. on behalf of Indian Ri Attorney for Indian River County Anthony Policastro, Esq. Mediator William B. Smith, Esq. Property Owner, Woodrow Dawsey David Holloway, Esq. V IN WITNESS WHEREOF the Board has approved this agreement and caused these presents to be executed this 15th day of July 2008, BOARD OI= t( t R0T.) INDIAN _RC RIVER. dFJI BY:. - COMMISSIONERS e , Fj.ORIDA ra Bowd�eb Chairman a � e BCC AKTved' JuTy, 1:51 2008 /F Byv� oseph A. Baird ounty Administrator Attest: Jeffrev K. Barton. Clerk of Court :m Approved as to form and legal William K. DeBraal Deputy County Attorney ncy