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Item C2d LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: February 14, 2002 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval to purchase property with Preservation 2000 funds - Ocean Park Village subdivision. Item Background: This item is proposed to implement the Tavernier Greenspace project and to protect property rights and natural resources. The Tavernier Greenspace project was proposed by the Tavernier Community Association to preserve natural areas and community character in the Tavernier area. The subject property consists of 3 parcels zoned Improved Subdivision (IS) totaling 1.1 acres in Ocean Park Village subdivision. The vegetation consists of disturbed hammock, transitional wetlands and mangroves. The property would be difficult to develop under the County RaGa and wetland regulations. Funding for this purchase will come from the State's Preservation 2000 program, which will restrict future use of the property to conservation and public recreation. The attached spreadsheet lists the legal description, purchase price, and estimated closing costs. The purchase contract, which is included in the agenda packet, requires conveyance in "as-is" condition and establishes deadlines for closing (70 days) and Board acceptance (2/16/02). Advisory Committee Action: On November 29, 2001 the Advisory Committee voted 5/0 to approve acquiring the property either as a donation or at price not to exceed $90,200.00. Previous Governing Board Action: On November 21, 2001 the Board approved the purchase of all other parcels in the Tavernier Greenspace portion of Ocean Park Village and Palma Sola subdivisions. Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ 61,811.00 Budgeted: Yes X No Cost to Land Authority: $ 61,811.00 . Executive Director Approval: ~. \ OMBIPurchasing \L ~ark J. Rosch Risk Management Approved By: Attorney ~ Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #2d Property Ocean Park Village (PB 4-14) Block 8, LoIs 11, 12, 13 (Newton) Purchase Price $60,500.00 PURCHASE CONTRACTS 02/14/02 Envr. Audit, Survey or Clean-up $500.00 Tille Insurance $502.50 1 of 1 Attorney Fee $302.50 Recording Fee $6.00 Acquisition Total $61,811.00 Final, 1/31102 WeL, Jr., P A. AGREEME~'T FOR THE PURCHASE OF LA.i.~DS THIS AGREEMENT is made and entered into as of the Effective Date, as hereinafter defined, by and between haac E. Newton, Jr., a single man hereinafter the Seller, for himself, his heirs, executors, administrators, successors, and assigns, and the Monroe County Comprehensive Plan Land Auihority (hereinafter "Land Authority") acting by and through the Chainnan of the Land Authority. WTINESSEm: 1. In consideration of Ten Dollars ($10.00) in hand, paid by the Land Authority, the receipt of which is hereby acknowledged~ Seller agrees to sell to the Land Authority certain lands upon the follo\\1ng desr~ribed terms and conditions hereinafter set forth, and for the price of $60,500.00 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 a11d all of Seller's rights in or arising by reason of ownership thereunto belonging, mvned by him, situate and lying in the County of Monroe, State of Flori~ more particularly described as follows, to wit: Block 8, Lots 11, 12, and 13, Ocean Park Village subdivision (pB 4-14) RE #446680-000000, 446690-000000, and 446700-000000, subject to all matten of record, except unpaid real estate taxes, which shall be paid through the date of closing by Seller (hereinafter "Property"). 2. The Seller agrees that he has full right, power. and authority to convey. and that he will convey to the Land Authority the fee simple title together v.ith access t.loJ.ereto clear, free, and unencumbered, subject to all matters of record; and existing easements for canals, ditches, flwnes, pipelines, railroads, public highways and roads, telephone, telegraph, power transmission lines, and public utilities. 3. The Land Authority, at the Land Aut1.ority's expense, within the time allowed to examine the title, may have the Property surveyed and certified by a regi~tered Florida surveyor. If the survey discloses encroachments on the 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 Land Authority shall have the right within the time allowed to examine the title, to cancel this contract . in which event the Ten Dollars paid to Seller shall be retained by Seller. 4. The Land Authority shall have sixty (60) days from the Effective Date of this contract to examine the title, and if the title is not acceptable to the Land Authority, the Land Authority within the sh."ty.day period shall have the right to cancel this contract, in which event the Ten Dollars paid to Seller shall be retained by Seller. The Land Authority agrees to provide Seller with a copy of any title cOlllll1itment or title search \vhich the Land Authority obtains. Page 1. of3 Fia.l, 1131102 WCL,Jr.,P.A. 5. The Seller agrees 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 occwing prior to the vesting of title in the Land Authority by reasons of the unauthorized C'.1tting or removal of products therefrom, or because of fire, shall be borne by the Land Authorit}" unless, in the event such loss or damage occurs, the Land Authority refuses, without liability, to accept conveyance of said Property, and elects to terminate the contract, without any further liability on the part of Seller. 6. The Seller agrees that during the period covered by this Agreement, officers and accredited agents of t.'1e Land Authority shall have at all proper times the unrestricted right and privilege to enter upon the Property for all proper and lawful purposes, including eXamL.'1ation of said lands and the resources upon them. The Seller, at closing, agrees to waive his 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. 7. The Seller will execute and deliver to the Land Authority a warranty deed conveying to the Land Authority Seller's interest in the Property. 8. The closing shall occur seventy (70) days from the Effective Date, unless this contract is canceled by the Land Authority. 9. In consideration whereof, the Land Authority agrees that it will purchase all of the Property at the price of $60,500.00. The Land Authority further agrees that, at closing, it will cause to be paid to the Seller 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 Land Authority's attorney's fees, and title insurance. The Seller shall pay the expenses of documentary stamps to be ~~1Xed to the deed, and all real estate taxes through the date of closing. The Property shall be sold in its as-'is condition at closing. Full possession of the premises shall pass to the Land Authority as of the date payment is made to the Seller, subject only to the resexvations stated in Paragraph 2 above. 10. Within the time for the Land Authority to examine the title, it is mutually agreed that an abstract, title insurance policy, or oth.er evidence of title to the Property, satisfactory to the legal counsel of the Land Authority will be obtained by the Land Authority at its expense. 11. It is mutually understood and agreed that the Land Authority may not assign tins contract. Page 20f3 Anal. 1131)02 WCL. Jr., P.A. 12. It is mutually understood and agreed that any notice to be given in accordance with this Agl'eement shall be in ~ting, and given to the Seller or Land Authority by certified mail addressed to the respective party at the following addresses: Seller: William C. Lewis, Jr. Muller & Lipson, P .A. 9350 S. Dixie Highway, Suite 1550 Miami, FL 33156 305.670-6770, ext. 280 Buyer: Monroe County Land Authority 1200 Truman Avenue, Suite 20i Key West, FL 33140 305-295-5180 Attention; Mark 1. Rosch, Executive Director and shall be effective three business days after the date of mailing. 12. The property shall be delivered at closing free of any tena..'l.t or OCcupancy. 13. The Effective Date of this contract shall be the date this contract is fully executed by both parties. 14. In the event that tMs Agreement is not executed by the Land Authority by February 16, 2002, and a copy of the executed Agreement provided to Seller by that date, this Agreement shall be null and void. IN WITNESS \\'HEREOF, the Seller has hereunto signed his name and affixed his seal On the day hereinafter set forth. DA lED: Ja....-"uary , 2002 SELLER: Isaac E. Nevo.ton, Jr. The Monroe County Comprehensive Plan Land Authority, acting by and through its Ch.a.ilman. has executed this agreement on behalf of the Momoe County Comprehensive Plan Land Authority on this day of , 2002. BUYER: ATTEST: (Seal) Monroe County Comprehensive Plan Land Authority Mark 1. Rosch, Executive Director Nora 'Williams, Chairman D:lwclfiles\filt:s\Ncwcon\New9904Q\Docs\Pinal.l.31.2002 Agreement, Purchase of Lands. doc Page 3 of3 OO~ ~ ~~~ , ct<( ~ Cl~ ~~ o <(z g~ Q::Z 0- ~<( u..~ ~ c:~ Oeo ~ u.. ~Z 1-<( Zw ~g Q w eo Q::~ w::> 0.(J ~~C ~ Q ---~- " ,. ,. " I .. " It .. 14 a. u u .. .. u .. " ",Ill <fa'"'' ~,~\~9 ~~~~.. KEY LARGO NA / / / / / / / , , , , , --- ATLANTIC OCEAN Mile Marker 93 Island Key Largo Property Tavernier Greenspace Palma Sola and Harris Ocean Park Est., 1st Addition and Ocean Park Village