Loading...
Item Q06 Q.6 t, BOARD OF COUNTY COMMISSIONERS County of Monroe Mayor Sylvia Murphy,District 5 The Florida Keys l'U � � Mayor Pro Tern Danny Kolhage,District 1 �pw° Michelle Coldiron,District 2 Heather Carruthers,District 3 David Rice,District 4 County Commission Meeting October 16, 2019 Agenda Item Number: Q.6 Agenda Item Summary #6174 BULK ITEM: Yes DEPARTMENT: County Attorney's Office TIME APPROXIMATE: STAFF CONTACT: Bob Shillinger(305) 292-3470 N/A AGENDA ITEM WORDING: Approval of Second Amendment to option agreement to purchase Conch Trailer Court on Conch Key for affordable housing to extend the option period until March 31, 2020 for an additional option payment of$2,500. ITEM BACKGROUND: The County has entered into an Option Agreement to purchase Conch Trailer Court as an affordable housing site in response to the Board's post-Hurricane Irma direction to acquire and redevelop trailer parks as workforce housing. The option period expires December 26, 2019. The proposed Second Amendment extends the option period to March 31, 2020 for an additional option payment of$2,500. Subject to favorable underwriting review, the County has been awarded Community Development Block Grant — Disaster Recovery (CDBG-DR) funding for land acqusition and construction for this site. The Florida Housing Finance Corporation underwriting review process is not expected to be complete until March 31, 2020 or later. PREVIOUS RELEVANT BOCC ACTION: On January 23, 2019 the Board approved entering into an Option Agreement to purchase the subject property. On July 17, 2019 the Board approved the First Amendment to the agreement clarifying the County's remedies for default include specific performance. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: CTC-SecondAmendment CTC-FirstAmendment CTC-Agreement Packet Pg. 2280 Q.6 FINANCIAL IMPACT: Effective Date: October 16, 2019 Expiration Date: March 31, 2020 Total Dollar Value of Contract: $2,500.00 Total Cost to County: $2,500.00 Current Year Portion: $2,500.00 Budgeted: Yes Source of Funds: 304 Funds infrastructure sales surtax CPI: N/A Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: No If yes, amount: Grant: No County Match: N/A Insurance Required: N/A Additional Details: $2,500.00 None 10/16/19 316-23013 - LAND AUTHORITY $2,500.00 PE1602 REVIEWED BY: Charles Pattison Completed 10/01/2019 2:10 PM Bob Shillinger Completed 10/01/2019 3:12 PM Budget and Finance Completed 10/01/2019 3:19 PM Maria Slavik Completed 10/01/2019 6:15 PM Kathy Peters Completed 10/01/2019 6:16 PM Board of County Commissioners Pending 10/16/2019 9:00 AM Packet Pg. 2281 Q.6.a SECOND AMENDMENT TO OPTION AGREEMENT FOR THE PURCHASE OF LANDS THIS SECOND AMENDMENT to Option Agreement for the Purchase Of Lands is entered into this _ day of , 2019 by and between JDLC, Inc., a New York corporation (hereinafter "Seller(s)") and Monroe County, Florida, (hereinafter "COUNTY"). WHEREAS, the parties hereto entered into an Option Agreement for the Purchase of Lands (hereinafter "Agreement") executed by the Seller(s) on January 7, 2019 and executed by the COUNTY on January 23, 2019; and WHEREAS, the terms of the Agreement were modified by the First Amendment to Option Agreement for the Purchase Of Lands executed by the Seller(s) on July 8, 2019 and executed by the COUNTY on July 17, 2019; and WHEREAS, the parties wish to further modify the terms of the Agreement; NOW THEREFORE, the Sellers and the COUNTY hereby mutual) agree as follows: ( ) Y Y g 1. The expiration date of the Option Period is hereby extended from December 26, 2019 at 5:00 pm to March 31, 2020 at 5:00 pm. 2. The consideration for said extension to the Option Period shall be $2,500.00, shall be U paid by the COUNTY to the escrow agent within thirty business days of the COUNTY'S execution of this Second Amendment, and shall be otherwise governed by the same terms as the Option Payment in the Agreement. 3. All other provisions of the Agreement shall remain in effect. IN WITNESS WHEREOF, the parties have hereunto signed their names and affixed their respective seals. Seller/ JDLC, Inc., a New York corporation (n By: Jeff Olson, President Signature Date 0 MONROE COUNTY, FLORIDA actin b and through its MAYOR, has executed this Agreement g Y g �s on behalf of MONROE COUNTY, FLORIDA this day of 2019. Buyer/ COUNTY: MONROE COUNTY, FLORIDA KEVIN MADOK, CPA, Clerk By: Deputy Clerk Sylvia J. Murphy, Mayor Packet Pg. 2282 Q.6.b FIRST AMENDMENT TO OPTION AGREEMENT FOR THE PURCHASE OF LANDS THIS FIRST AMENDMENT modifies that certain Option Agreement for the Purchase of Lands (hereinafter "Agreement") between JDLC, Inc., a New York corporation (hereinafter "Seller(s)") and Monroe County, Florida, (hereinafter "COUNTY"), executed by the Seller(s) on January 7, 2019 and executed by the COUNTY on January 23, 2019. The parties hereby mutually agree as follows: 1. The COUNTY'S remedy for default on the part of the Seller(s) includes or is specific performance. 2. All other provisions of the Agreement shall remain in effect. IN WITNESS WHEREOF, the parties have hereunto signed their names and affixed their respective seals. �s Seller/ JDLC, Inc., a New York corporation By: Jeff Olson, President r M r � brn c rn Signatu Dat i w wj . MONROE COUNTY, FLORIDA acting by and through its MAYOR, has executeohTs Agreteig. on behalf of MONROE COUNTY, FLORIDA this 17,tA- day of o 2019. Buyer/ COUNTY: MONROE COUNTY, FLORIDA KEVIN MADOK, CPA, Clerk E 444WJ44�� 15 By: G��,w.,o w,,�.vv�CJ Clerk Sylvia J. Murphy, Mayor Ur �a s �s e MONROE COUNTY ATTORNEY APPRO AS TO RM: 1LLARERH JRR COU Date Packet Pg. 2283 OPTION AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this day of 1 �� , 2019 by and between JDLC, Inc., a New York corporation (hereinafter "Seller(s)"), for themselves, their heirs, executors, administrators, successors and assigns, and MONROE COUNTY, FLORIDA (hereinafter"COUNTY"). WITNESSETH: 1. The Seller(s) hereby grant to the COUNTY the exclusive option to purchase certain lands upon the terms and conditions hereinafter set forth, for all of the lands and other interests, which lands g shall include all tenements, hereditaments, together with all water and other rights, easements, appurtenances, and any and all of the Seller's rights in or arising by reason of ownership thereunto belonging, owned by them, situate and lying in the County of Monroe, State of Florida, more particularly described as follows; to-wit: All of Lot 13, the Easterly 30 feet of Lot 14, the Easterly 39 feet of Lot 30, and all of Lot 31, Conch Key(PB 2-130), more particularly described in Exhibit A. RE#00385780-000000 The rights being conveyed in this transaction include the rights to 12 permanent U residential dwelling units exempt from the ROGO permit allocation system referenced in the December 18, 2007 letter from the Monroe County Planning and Environmental Resources Department to Joel Reed. Seller(s) shall retain the rights to the 5 transient residential units referenced in said letter. The consideration for the option granted by this Agreement is $10,000.00 (hereinafter "Option Payment'). Within five business days of execution of this Agreement by the COUNTY, the COUNTY shall issue a check in the amount of the Option Payment and forward same to the escrow agent to hold for the benefit of the Seller(s). The period covered by the option shall commence on January 30, 2019 and shall expire on December 26, 2019 at 5:00 pm (hereinafter "Option Period"). The COUNTY shall have the right to exercise the option by providing the E Seller(s) written notice (hereinafter "Option Notice") and to close the real estate transaction at any time within the Option Period. If the COUNTY does not exercise its option within the Option Period, then the escrow agent is directed to release and disburse the Option Payment to Seller(s) the day after the Option Period expires. If the COUNTY does timely exercise its option, then the escrow agent shall credit the Option Payment toward the purchase price paid by the COUNTY at closing. 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will convey to the COUNTY the fee simple title together with legal and practical access thereto clear, free and unencumbered, except subject to the following easements or reservations: Existing easements for canals, ditches, flumes, pipelines, railroads, public highways and,roads, telephone, telegraph, power transmission lines and public utilities. The COUNTY, at the COUNTY'S expense, within the time allowed to deliver evidence of title and to examine same, may have the real property surveyed and certified by a registered Florida surveyor. If the survey discloses encroachments on the real property or that improvements located thereon encroach on setback lines, easements, lands of others, or violate any restrictions, 1 Packet Pg. 2284 Q.6.c contract covenants, or applicable governmental regulations, the same shall constitute a title defect. Seller(s) shall convey a marketable title subject only to the aforementioned liens, encumbrances, exceptions or qualification set forth herein. Marketable title shall be determined according to applicable title standards adopted by authority of the Florida Bar and in accordance with law. The COUNTY shall have sixty (60) days from the date of Option Notice in which to examine title. If title is found defective, the COUNTY shall, within this specified time period, notify Seller(s) in writing specifying defect(s). If the defect(s) render title unmarketable the Seller(s) will have one hundred twenty (120) days from receipt of notice within which to remove the defect(s). The Seller(s) will use diligent effort to correct defect(s) in title within the time provided therefore, including the bringing of necessary suits, failing which the COUNTY shall have the option of either accepting the title as it then is or rescinding the Agreement herein. 3. The Seller(s) further agree not to do, or suffer others to do, any act by which the value or title to said lands may be diminished or encumbered while this Agreement is pending. It is further agreed that any loss or damage occurring prior to the vesting of satisfactory title in the COUNTY by reasons of the unauthorized cutting or removal of products therefrom, or because of fire, shall be borne by the Seller(s); and that, in the event any such loss or damage occurs, the COUNTY may, without liability, refuse to accept conveyance of said lands. 4. The Seller(s) further agree that during the period covered by this instrument officers and accredited agents of the COUNTY shall have at all reasonable times the unrestricted right and U privilege to enter upon said lands for all proper and lawful purposes, including examination of said lands and the structures upon them. The Seller(s) hereby waive their rights to any and all claims against the COUNTY, Monroe County, or the State of Florida associated with, or arising from ownership of, said lands and this waiver shall survive closing. 5. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the COUNTY a good and sufficient deed of warranty conveying to the COUNTY a marketable title to the said lands of such character as to be satisfactory to the legal counsel of the COUNTY and said deed shall provide that the use, occupation and operation of the rights-of-way, easements and reservations retained therein, shall be subordinate to and subject to such rules and regulations as may be prescribed by the COUNTY governing the use, occupation, protection and administration of lands. 6. The purchase price for said lands and other interests, subject to adjustments and prorations, is $1,000,000.00. The COUNTY further agrees that, after credit for the Option Payment, after the preparation, execution, and delivery of the deed, and after the legal counsel of the COUNTY shall have approved the title thus vested in the COUNTY, it will cause to be paid to the Seller(s) the balance of the purchase price. The COUNTY shall pay the following expenses associated with the conveyance of the property: deed recording fees, settlement fees, abstract fees, title examination fees, the Buyer's attorney's fees, and title insurance, as well as the prorata share of prepaid real property taxes allocable to the period subsequent to the vesting of title in the COUNTY, or the effective date of possession of such real property by the same, whichever is earlier. The Seller(s) shall pay the expenses of documentary stamps to be affixed to the deed and real estate commissions, if any. Full possession of the premises shall pass to the COUNTY as of the date payment is made to the Seller(s) subject only to the reservations stated in Section 2 above. 7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property herein contracted to be sold, satisfactory to the legal counsel of the COUNTY will be obtained by 2 Packet Pg. 2285 the COUNTY at its expense. The Seller(s) expressly agree herein to furnish to the COUNTY any documents in Seller(s)'s possession establishing evidence of title including, but not limited to, abstracts, title commitments, title policies and opinions of title. 8. It shall be the obligation of the Seller(s) to pay all taxes and assessments outstanding as liens at the date title vests of record in the COUNTY, whether or not such taxes and assessments are then due and payable. 9. It is mutually understood and agreed that notice of acceptance of this Agreement shall be given to the Seller(s) by mail addressed to the Seller(s) at the following address: 1241 Route 9P with a copy to: Josh Mothner Saratoga Springs, NY 12866 Coldwell Banker Schmitt Real Estate josh@soldinthekeys.com and shall be effective upon date of mailing and shall be binding upon all of the Seller(s) without sending a separate notice to each, except as such obligation may be affected by the provisions of paragraph 6 hereof. 10. It is mutually understood and agreed that the COUNTY may assign this Agreement. 11. Unless waived by the COUNTY as to one or more existing tenants, the property shall be delivered at closing free of any tenant or occupancy. U 0 12. Within 60 days of the COUNTY giving Option Notice, Seller(s) shall remedy all exigent health and safety code violations on the property identified by the COUNTY. Seller(s) shall close any open building permits or code enforcement proceedings prior to closing and provide proof of same to the COUNTY. Completion of these activities are conditions of the COUNTY'S obligation to close. E 13. The effective date of this Agreement shall be that date when the last one of the Seller(s) and the COUNTY has signed this Agreement. 14. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until January 8, 2019 to sign and return this Agreement to the COUNTY. This Agreement may be executed in counterparts. [The remainder of this page is intentionally blank.] �s 3 Packet Pg. 2286 15. In the event the transaction is not closed within the Option Period, at any time thereafter both the COUNTY and the Seller(s) shall each have the right to terminate this Agreement by providing written notice, at which point both parties shall be released of all further obligations under this Agreement. IN WITNESS WHEREOF, the parties have hereunto signed their names and affixed their respective seals. Seller/ JDLC, In, , a New York corporation By: Jeff on41 ident r Sign atu D to Phone Number MONROE COUNTY, FLORIDA acting by and through its MAY , has executed this Agreement on U behalf of MONROE COUNTY, FLORIDA this 7.3A- day of , 2019. a� Buyer/COUNTY: MONROE COUNTY, FLORIDA 0 U KEVIN MADOK, CPA, Clerk 0 Ali J <D'eput"yClek Syl a J. Murphy, Mayor z3 Date: zap 0 MONROE COU ORNEY AP TO ORM: OBER .-EHlLL ER R Date E 1�7• GRT > �pw r'1 C) 4 Packet Pg. 2287 ' Q.6.c EXHIBIT A Parcel U. All of loot 13,the b mterly 30 feot of Lot 14,the Eastaerly 39 t of Lot 30 and AM of Lot 31 of CQNt9 XZY,being a +eombination of the following two Parma of Laud:A Part of mats 13 and 30 sail All taf Lot 31 of CONCR XEY,as record in PW Dook 2,Page 130,of the Public lards of Monroe County,Florida,and ling snore,paartiniarig dwerilmd by mew awl bounds as followssCmumena;mg at the Northtm corner of Lot 31,said tsrner to be known as the Point of Beginning of the Tract of Lond.hereha ter deurM4 beau North 61P 4Y West,srlong the Southerly � Right-*�Wqy ghat of Nofth+Conch.Avennc,131M feet thentm bear South 23"1.SI Wtst,70 feet;thwet bear North 6e E 4V WeO,39 fu#theme bear South 23° 1at WeM 70 feet to the Northeasterly Right-ofWalr lute of South Conch Avenue them bear Sow+660 46*V=4 36=feet to the Northerly Right-oMay flaw of U.S,Rjoway No.1;thence bear North 6V 09 Eas4 along the Not dmiy Rigkt-of-Way gate of U.S. H*Mm,y No. 1, 19US t' t; theum In a NOrWrly dir'edi^ 7,.48 fae4 back to the Point of.BtgionlaZANRA Parew of Lad in ta,Part of 146 13 and 14 of CONCH XZY,as recorded In Pht pooh 2,Page 130, of the PmtW records of Monroe Coustw Rorkia,and mart parficulsarly dtwribetl by mates and boumb as follows: Cmwencing at the Southwestcorner of Lot A bear South W 4511 Zw4 along the Northerly Ptight-ofWay tine+oaf'vatic Cam Avenueo'76led to the Point of Iitgkmkg of the farad of Land hereinafter deseribed;from said Point of De&dv&bear North 237 VP FAd,fit#fat;thence,bear U Sawa 6ir Ora'Ust 52 feet;theses bear South 23D 19,Writ,70 fed to the Northerly MghW Waty the of South Coach Avenue thence bear North W 43'Wet,ssloag the Northerly NW-of-Way lint of South Conch A.veens,52 fret back to the Twat orllefflanina, am 0 U 0 am am am 0 am cm am Packet Pg. 2288