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Item F2LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: June 19, 2013 Division: Land Authority Bulk Item: Yes No X Contact / Phone #: Mark Rosch / 295-5180 Agenda Item Wording: Approval of a revised contract for the purchase of part of Lot 29, Summerland Estates for conservation. Item Background: This agenda item is proposed to resolve closing issues in a pending transaction. MCLA has an existing contract to purchase a 2.66 acre parcel on Katherine Street on the ocean side of Summerland Key near mile marker 25 for $24,408. During the inspection period of this transaction neighbors Stephen Waddell and Mary Vanden Brook claimed to have a leasehold interest in the property that includes a right of first refusal. To date no one has produced a fully executed copy of said lease. However, the Seller has produced a partially executed copy and does not contest its validity. As independent corroboration, the Tax Collector's records indicate the neighbors have made tax payments on the property, which is one of the lease requirements. In addition to the lease issue, the neighbors' driveway and shed encroach on the property and they are using a portion of the property as their yard. To resolve these issues, staff has negotiated a revised agreement whereby the neighbors will purchase a 0.47 acre portion (Parcel A) of the property for the prorated price of $4,320 and MCLA will purchase the 2.19 acre balance (Parcel B) of the property for the prorated price of $20,088. The estimated closing costs for MCLA's transaction are listed in the agenda documentation. Advisory Committee Action: On March, 27, 2013 the Committee voted 4/0 to approve purchasing the entire property for the price of $24,408. On May 29, 2013 the Committee voted 5/0 to approve purchasing just Parcel B for the price of $20,088. Previous Governing Board Action: On April 17, 2013 the Board approved purchasing the entire property for the price of $24,408. Contract/Agreement Changes: Exclude Parcel A from the transaction and reduce the purchase price from $24,408 to $20,088. Staff Recommendation: Approval Total Cost: $ 25,252.25 Indirect Cost: $ Budgeted: Yes X No Cost to Land Authority: $ 25,252.25 Source of Funds: Land Authority (Tourist Impact Tax and State Park Surcharge) Approved By: Attorney X County Land Steward X . Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item Property Purchase Price PURCHASE CONTRACT 06/19/13 Title Attorney Recording Survey Insurance Fee Fee Total Costs Summerland Estates $20,088.00 $4,400.00 $245.75 $500.00 $18.50 $25,252.25 Part of Lot 29 Seller: Betty Joyce Murphree Q, 1� \ M•pp.44.2/s.i4 g22 yh \ti �-L rO b y V � pq Nn rOJs off S rJJr b � J�•y C/ CF / / o�' m 4f LL 79 00 Fry by m Y W c) °i^ wIcli 004- j '� ZZU Q w m a7. w o a pJ \\ Y.. D N WF x JOz if. o>'��°. ZIP ob S•i�b `9! 2 �)�sb l� �rY,i. u�om ,88% IGi5M,N 393.2� Pp0�ye2 50 8 2 S.J °O�l� O, vb 1%y�..�. '; ,p 389!'2 N'r3d�o\ D y' c \ G N EEZ 3 j6p35 �P11M) u oe,P \ °r / of o,soe e_ Jai a o l � 7g6 2 H RlicsD� ,DD AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this day of 2013, is by and between Betty Joyce Murphree hereinafter style the Seller(s), for themselves, their heirs, executors, administrators, successors and assigns, and the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (hereinafter, "Land Authority") acting by and through the Executive Director of the LAND AUTHORITY. WITNESSETH: In consideration of Ten Dollars ($10.00) in hand, paid by the LAND AUTHORITY, the receipt of which is hereby acknowledged, the Seller(s) agree to sell to the LAND AUTHORITY certain lands upon the terms and conditions hereinafter set forth, and for the price of $20,088.00 for all of the lands and other interests, which lands 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: Parcel B on Summerland Key more particularly described in Exhibit A. RE# 00200690-000000 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will convey to the LAND AUTHORITY 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 LAND AUTHORITY, at the LAND AUTHORITY'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, 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 LAND AUTHORITY shall have sixty (60) days from the effective date of this Agreement in which to examine title. If title is found defective, the LAND AUTHORITY 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), failing which the LAND AUTHORITY shall have the option of either accepting the title as it then is or rescinding the Agreement herein; thereupon the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. The Seller(s) will, if title is found unmarketable, use diligent effort to correct defect(s) in title within the time provided therefore, including the bringing of necessary suits. 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. It is further agreed that any loss or damage occurring prior to the vesting of satisfactory title in the LAND AUTHORITY 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 LAND AUTHORITY may refuse, without liability, to accept conveyance of said lands, or it may elect to accept conveyance upon an equitable adjustment of the purchase price. 4. The Seller(s) further agree that during the period covered by this instrument officers and accredited agents of the LAND AUTHORITY shall have at all proper times the unrestricted right and privilege to enter upon said lands for all proper and lawful purposes, including examination of said lands and the resources upon them. The Seller(s) hereby waive their rights to any and all claims against the LAND AUTHORITY or Monroe County 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 LAND AUTHORITY a good and sufficient deed of warranty conveying to the LAND AUTHORITY a safe title to the said lands of such character as to be satisfactory to the legal counsel of the LAND AUTHORITY 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 LAND AUTHORITY governing the use, occupation, protection and administration of lands. 6. In consideration whereof the LAND AUTHORITY agrees that it will purchase all of said lands and other interests at the price of $20,088.00. The LAND AUTHORITY further agrees that, after the preparation, execution, delivery and recordation of the deed, and after the legal counsel of the LAND AUTHORITY shall have approved the title thus vested in the LAND AUTHORITY, it will cause to be paid to the Seller(s) the purchase price by a check drawn on the account of the LAND AUTHORITY. The LAND AUTHORITY 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 LAND AUTHORITY, 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 the removal of trash, debris, and structures from the property, if any, and real estate commissions, if any. Full possession of the premises shall pass to the LAND AUTHORITY 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 LAND AUTHORITY will be obtained by the LAND AUTHORITY at its expense. The Seller(s) expressly agree herein to furnish to the LAND AUTHORITY 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 is mutually understood and agreed that the LAND AUTHORITY may assign this Agreement. 9. 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 LAND AUTHORITY, whether or not such taxes and assessments are then due and payable. 2 10. 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: 3809 14th Street with a copy to: Patti Nickless Lewiston, ID 83501 Coldwell Banker Schmitt Real Estate pattinickless@gmaii.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. 11. The property shall be delivered at closing free of any tenant or occupancy whatsoever. 12. The effective date of this Agreement shall be that date when the last one of the Seller(s) and the LAND AUTHORITY has signed this Agreement. 13. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until June 3, 2013 to sign and return this Agreement to the LAND AUTHORITY. This Agreement may be executed in counterparts. Notwithstanding any provision of this Agreement to the contrary, the closing of this transaction is contingent upon approval by the Advisory Committee and Governing Board of the LAND AUTHORITY, failing which the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. 14. This agreement supersedes the Agreement between the parties dated March 11, 2013. IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective seals on the day first above written and therefore the Seller(s) for and in consideration of the Ten Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the LAND AUTHORITY or its authorized representative, or any other office or agent of the LAND AUTHORITY authorized to purchase said lands, the option and right to enter into this Agreement for Purchase within sixty (60) days from the execution thereof by the Seller(s), and to purchase said lands as herein provided. Seller/ Betty Joyce Murphree Signature Date Phone Number The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its EXECUTIVE DIRECTOR in accordance with Resolution 09-2004, has executed this Agreement on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of .2013. (Seal) MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Mark J. Rosch, Executive Director 3 Exhibit A w T O -0 O� C t0 � O C T ED U C N m O 0,J U C3,N 0 0 O O U N O 0 T o O C N a O s J O U O O O. O O w 0 Ol m m m E O•j, N o a W w ° maw O LO a° _o a0 �vrn Y C O C) U N u O N W U M .,L.. O N w N U L N N^ w N `'� O V O p C N m W M W N, CO d. L m O N �OI- O T O N�N O N.0 N r-o —o O p 0 N O NCM J0 3 c�MM H6O N O O o 0 0 O U- ` H N N N N E O U � Om_ O N O NU N NU U O C W >. O C C C C O O O O N W O O C C C C W 0 0 0 0 0 j N VI N U C Q C y C O 41 N N y N � o C �� �a O a Udm U�"O-6 N O 0 0 0 0 N C N N 4 E 0 3 U o 0 0 0 E o ; +L+ O D 0 0 0 3 c O N N J-o L z U) M O ; W ?� .-. ,� N O -O .�. i0 DW O O y � Oif)inO O U) O' N c0 O� Z" cOOOinM N OO OOif1 t O N "NOU Z N N � N W m N Vi N O .S+ML �p NM c J N NNa0N r M't 'D M N U J E LA NI�N00 � 5 o, M pO O .L.+ ZZZ(n O Od O� CNNZZZ c4, O C O 0 o O O CO w O N N N N w C N U L -aM � _ac d y C N N Ul N N C U U U U C W "'' O U p O U N N N N N UOlC E C U U U U U C 2� W E o C C C C C C'� Q.L.+ E mM .�.. ..�+ .�. 0 d Q-"O 0"O Apr 30 00 05:25a Sisters Treasures 208-743-9412 p.2 THIS LEASE made this ! day of March, 2004 by RAYMOND Q. MURPHREE and BETTY JOYCE MURPHREE, his wife, herein called the grantors, whose post office is 3809 14th St., Lewiston, Idaho 83501 and STEPHEN WADDELL and MARY VANDEN BROOK, herein called the grantee(s), whose post office address is 739 Hudgins St., Surnmerland Key, Florida 33042, part)- of the second part. W I T N E S S E T H: That the grantors, for and in consideration of the sum of TEN AND 001100 ($10.00) DOLLARS and other valuable considerations, receipt of which is hereby acknowledged, hereby agrees to lease to the grantee all that certain property situated in Monroe County, State of Florida, viz: Lot Twenty -Nine (29) of Sur merland Estates, according to the plat thereof recorded in Plat Book 2, page 167, of Monroe County, Florida Public Records; and Lot Thirty -Eight (38) of SUMMERLAND BEACH, according to the Plat thereof, as recorded in Plat Book Two (2), at Page One Hundred Fifty -Five (155), of the Public Records of Monroe County, Florida TOGETHER, with all the tenements, hereditarnents and appurtenances thereto belonging or in a ) -%Ase appertaining. PROVIDED, HOWEVER, that the terns of this lease shall be for a period of TEN (10) YEARS, commencing from the date hereof and that the grantees shall pay unto the grantors for the sure of ONE DOLLAR (SL00) PER YEAR, plus all real estate taxes or assessments levied on said property. Furthermore, grantors acknowledge that the grantee may terminate this lease at any time b)- giving the landlord one (1) year's written notice of termination and that grantors reserve unto themselves the right to terminate this lease by providing one (1) year's tivritten notice to grantee. FURTHERMORE, grantors grant to grantee a right of first refusal of all property described herein during the term of this lease in the event that grantors shall, at any time during the term of this lease, obtain an offer under which grantors would agree to se11. Said right shall allow grantees to purchase the subject propert)- under the same price, terms and conditions as contained in the 3"' part)T offer_ The right shall be, exercised within 30 days of written notification of the 3"' party offer. RM BM Apr 30 00 05:25a Sisters Treasures 208-743-9412 p.3 IN WITNESS WHEREOF, the grantors and grantee have signed and sealed these presents the da) and year first above written. Signed, sealed and delivered in the presence of: sigmulre Printed Signature 6ignxtnm Printed Signature Signaturc Printrr3 signanur Signaljtrc P3 inted Name Si re Printed Name $Fbj7:Yl14rC Printed Name ST.kTE OF IDARO COUNTY OF NEZ PERCE GRANTORS: Raymond O. Murphree Betty Joyce Murphree The foregoing instrument ryas acknowledged before me this day of 2004, by Ra3mond O. Murphree and Betty Joyce Murphree who are personally knovvn to me or have produced as identification (SEAL] Notary Signature Printed Notary- Signature My Commission Expires: 2 Apr 30 00 05:25a Sisters Treasures 208-743-9412 p.4 STATE OF FLORIDA COUNTY OF MONROE The foregoing instrument ,,vas acknowledged before me this rot dad' of M6 A-t A , 2004, by Mare Vanden Brook and Stephen Waddell who are personally known to me or4w fedfteed as identification. ia�etia�P S9v ,, [SEALS °�� 3l2�o "f• ,} Notary - Signature ccsssa Printed Notary- Signature '•� q�. .'c�,��•� My Commission Expires: LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: April 17, 2013 Division: Land Authority Bulk Item: Yes No X Contact / Phone #: Mark Rosch / 295-5180 Agenda Item Wording: Approval of contracts to purchase property for conservation - Part of Lot 29, Summerland Estates, Summerland Key. Item Background: This acquisition is proposed to protect property rights and the natural environment. The subject property consists of a 2.76 acre parcel on Katherine Street on the ocean side of Summerland Key near mile marker 25. The property has a tier designation of Tier 1 - Natural Area and a zoning designation of Suburban Residential. The vegetation is tropical hardwood hammock and includes the endangered cupania tree. The Southeast Florida Regional Climate Change Compact 50- year sea level rise projection is 9 to 24 inches by the year 2060. In the event of a 36-inch increase in sea level, estimates provided by the South Florida Water Management District indicate this property will have a less than 25.1 % probability of being inundated. The owner has agreed to sell the property for $24,408. The estimated closing costs for this transaction are listed in the agenda documentation. Advisory Committee Action: On March, 27, 2013 the Committee voted 4/0 to approve purchasing this property for the price of $24,408. Previous Governing Board Action: The Board has approved the purchase of many conservation properties in this area of Summerland Key. Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ 27,195.25 Indirect Cost: $ Cost to Land Authority: $ 27,195.25 Budgeted: Yes X No Source of Funds: Land Authority (Tourist Impact Tax and State Park Surcharge) Approved By: Attorney X County Land Steward X . Documentation: Included: X To Follow Not Required: Disposition: Agenda Item Property Purchase Price PURCHASE CONTRACT 04/17/13 Title Attorney Recording Survey Insurance Fee Fee Total Costs Summerland Estates $24,408.00 $2,000.00 $268.75 $500.00 $18.50 $27,195.25 Part of Lot 29 Seller: Betty Joyce Murphree AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this day of 2013, is by and between Betty Joyce Murphree hereinafter style the Seller(s), for themselves, their heirs, executors, administrators, successors and assigns, and the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (hereinafter, "Land Authority") acting by and through the Executive Director of the LAND AUTHORITY. WITNESSETH: In consideration of Ten Dollars ($10.00) in hand, paid by the LAND AUTHORITY, the receipt of which is hereby acknowledged, the Seller(s) agree to sell to the LAND AUTHORITY certain lands upon the terms and conditions hereinafter set forth, and for the price of $24,408.00 for all of the lands and other interests, which lands 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: Summerland Key property more particularly described in Exhibit A. RE# 00200690-000000 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will convey to the LAND AUTHORITY 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 LAND AUTHORITY, at the LAND AUTHORITY'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, 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 LAND AUTHORITY shall have sixty (60) days from the effective date of this Agreement in which to examine title. If title is found defective, the LAND AUTHORITY 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), failing which the LAND AUTHORITY shall have the option of either accepting the title as it then is or rescinding the Agreement herein; thereupon the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. The Seller(s) will, if title is found unmarketable, use diligent effort to correct defect(s) in title within the time provided therefore, including the bringing of necessary suits. 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. It is further agreed that any loss or damage occurring prior to the vesting of satisfactory title in the LAND AUTHORITY 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 LAND AUTHORITY may refuse, without liability, to accept conveyance of said lands, or it may elect to accept conveyance upon an equitable adjustment of the purchase price. 4. The Seller(s) further agree that during the period covered by this instrument officers and accredited agents of the LAND AUTHORITY shall have at all proper times the unrestricted right and privilege to enter upon said lands for all proper and lawful purposes, including examination of said lands and the resources upon them. The Seller(s) hereby waive their rights to any and all claims against the LAND AUTHORITY or Monroe County 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 LAND AUTHORITY a good and sufficient deed of warranty conveying to the LAND AUTHORITY a safe title to the said lands of such character as to be satisfactory to the legal counsel of the LAND AUTHORITY 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 LAND AUTHORITY governing the use, occupation, protection and administration of lands. 6. In consideration whereof the LAND AUTHORITY agrees that it will purchase all of said lands and other interests at the price of $24,408.00. The LAND AUTHORITY further agrees that, after the preparation, execution, delivery and recordation of the deed, and after the legal counsel of the LAND AUTHORITY shall have approved the title thus vested in the LAND AUTHORITY, it will cause to be paid to the Seller(s) the purchase price by a check drawn on the account of the LAND AUTHORITY. The LAND AUTHORITY 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 LAND AUTHORITY, 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 the removal of trash, debris, and structures from the property, if any, and real estate commissions, if any. Full possession of the premises shall pass to the LAND AUTHORITY 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 LAND AUTHORITY will be obtained by the LAND AUTHORITY at its expense. The Seller(s) expressly agree herein to furnish to the LAND AUTHORITY 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 is mutually understood and agreed that the LAND AUTHORITY may assign this Agreement. 9. 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 LAND AUTHORITY, whether or not such taxes and assessments are then due and payable. 2 10. 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: 3809 14th Street with a copy to: Patti Nickless Lewiston, ID 83501 Coldwell Banker Schmitt Real Estate pattinickless@gmaii.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. 11. The property shall be delivered at closing free of any tenant or occupancy whatsoever. 12. The effective date of this Agreement shall be that date when the last one of the Seller(s) and the LAND AUTHORITY has signed this Agreement. 13. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until March 16, 2013 to sign and return this Agreement to the LAND AUTHORITY. This Agreement may be executed in counterparts. Notwithstanding any provision of this Agreement to the contrary, the closing of this transaction is contingent upon approval by the Advisory Committee and Governing Board of the LAND AUTHORITY, failing which the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective seals on the day first above written and therefore the Seller(s) for and in consideration of the Ten Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the LAND AUTHORITY or its authorized representative, or any other office or agent of the LAND AUTHORITY authorized to purchase said lands, the option and right to enter into this Agreement for Purchase within sixty (60) days from the execution thereof by the Seller(s), and to purchase said lands as herein provided. Seller/ Betty Joyce Murphree Signature Date Phone Number The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its EXECUTIVE DIRECTOR in accordance with Resolution 09-2004, has executed this Agreement on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of 12013. MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (Seal) Mark J. Rosch, Executive Director 3 EXHIBIT "A" Legal Description Lot Twenty -Nine (29) of Summerland Estates, according to the plat thereof recorded in Plat Book 2, page 167, Monroe County, Florida Public Records. Less and except: A part of Tract 29 of Summerland Estates, as recorded in Plat Book 2, Page 167 of the Public Records of Monroe County, Florida and being more particularly described by metes and bounds as follows: Commencing at the Northwest corner of Tract 29, bear North 42 degrees 59 minutes East 232.09 feet to the Point of Beginning of the land hereinafter described; from said Point of Beginning, continue to bear North 42 degrees 59 minutes East 110.00 feet to a Point of Curve, said curve having a central angle of 30 degrees 15 minutes and a radius of 191.47 feet; thence along said curve in an easterly direction and deflecting to the left, 101.09 feet; thence bear South 77 degrees 16 minutes East 293.36 feet; thence bear South 12 degrees 44 minutes West 228.01 feet; thence bear South 42 degrees 59 minutes West 105.00 feet; thence bear North 55 degrees 42 minutes West, 346.18 feet, back to the Point of Beginning. Containing 2.00 acres. Also less and except: A tract of land in a part of Lot Twenty -Nine (29) of Summerland Estates, as recorded in Plat Book Two (2), Page One Hundred Sixty -Seven (167) of the Public Records of Monroe County, Florida, and being more particularly described by metes and bounds as follows: Commencing at the Southwest corner of Lot Twenty-nine (29), said corner also being the Southeast corner of Lot Fifteen (15) of Summerland Beach, Addition #5, and also the Northwest corner of Lot Forty (40) of the Amended Plat of Summerland Beach, said Southwest corner of Lot Twenty-nine (29) also to be known as the Point of Beginning of the Tract of land hereinafter described, bear North Seventeen (17) degrees and Thirty-one (31) minutes West for a distance of Seventy (70) feet to a point; Thence bear North Seventy-two (72) degrees and Twenty-nine (29) minutes East for a distance of Seventy-three and Eighty-five Hundredths (73.85) feet to a point; Thence bear South Forty-seven (47) degrees and One (01) minutes East for a distance of Twenty-four and Fifty-five Hundredths (24.55) feet to a point; Thence bear South Forty-two (42) degrees and Fifty-nine (59) minutes West for a distance of Ninety-eight and Seventy-five Hundredths (98.75) feet, back to the point of beginning, containing Three Thousand, Seventy Hundred Ninety-five and Fifty-five Hundredths (3,795.55) square feet.