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Item G06 G.6 County f � .�� ",�, 1 BOARD OF COUNTY COMMISSIONERS Mayor Craig Cates,District 1 Mayor Pro Tem Holly Merrill Raschein,District 5 The Florida Keys Michelle Lincoln,District 2 James K.Scholl,District 3 David Rice,District 4 County Commission Meeting April 19, 2023 Agenda Item Number: G.6 Agenda Item Summary #11807 BULK ITEM: No DEPARTMENT: Land Authority Governing Board TIME APPROXIMATE: STAFF CONTACT: Christine Hurley (305) 295-5180 9:25 A.M. Land Authority AGENDA ITEM WORDING: Approval of a contract to purchase Tier 3 property for conservation - Block 6, Lot 1 and Block 9, Lots 4 and 5 in Cahill Pines and Palms near mile marker 30 from Southernmost Homes, Inc. for the price of$300,000. ITEM BACKGROUND: This acquisition is proposed to protect property rights and the natural environment and to reduce the County's potential liability for takings suits. The subject property consists of one lot located at 35 Lobstertail Road and two lots located at 154 and 164 Newfound Boulevard on the ocean side of Big Pine Key. Purchase Price and Estimated Closing Costs: • Purchase Price: $300,000.00 • Cost of Appraisal: $1,200.00 • Cost of Survey: $0.00 • Title Fees & Insurance: $2,050.00 • Attorney Fee: $475.00 • Recording Fees: $35.50 • Total Costs: $303,760.50 Attributes of the Subject Property: • Parcel ID#: 00244680-000000, 00245740-000000 and 00245750-000000 • Size: 19,363 square feet • Tier Designation: Tier 3 —Infill Area • Zoning Designation: Improved Subdivision (IS) • Future Land Use Map Designation: Residential Medium (RM) • Vegetation: Mix of exotic and tropical hardwood hammock vegetation. • Acquisition List Qualification: This property qualifies because it is Tier 3. • Florida Forever Boundary: This property is outside the Florida Forever boundary. • Transferrable Development Rights (TDRs): 3.00 TDRs Packet Pg. 1397 G.6 • Cost per TDR: $100,000 • ROGO Dedication Points: 15 points • Cost per ROGO Dedication Point: $20,000 ADVISORY COMMITTEE ACTION: On March 29, 2023 the Committee voted 510 to recommend purchasing this property for the price of$300,000. PREVIOUS RELEVANT GOVERNING BOARD ACTION: The Board has approved the purchase of other properties in this subdivision. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Aerial Photograph Property Record Card Purchase Agreement FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: Additional Details: REVIEWED BY: Mark Rosch Completed 03/31/2023 8:58 AM Packet Pg. 1398 G.6 Christine Hurley Completed 04/03/2023 12:59 PM Bob Shillinger Skipped 03/30/2023 12:03 PM Lindsey Ballard Completed 04/03/2023 3:50 PM Board of County Commissioners Pending 04/19/2023 9:00 AM Packet Pg. 1399 G.6.a Block 6, Lot 1 and Block 9, Lots 4 and 5, Cahill Pines and Palms, Big Pine Key r r " m s OVR „ . �r d7 y4J P A d1NV yt��� U) r ioPl�uoyu t u U I Z U 244720 I� . 3 I! iIlf�� II it rIIY�I � I�.I n,iVa �� sat yO1244 1 Ih ayEM " 2 G >,' ON: CL 21 TR r I i rvrn"I ,'portI [a dS +r.. Pr, d2 i N w fY .24 7nr 7 w ' III i Iv Packet Pg. 1400 3/1/23,3:53 PM gPublic.net-Monroe County,FL-Report:00244680-000000 ,, i� . ' Monroe County, FL Disclaimer The Monroe County Property Appraiser's office maintains data on propertywithin the County solely for the purpose of fulfilling its responsibility to secure ajustvaluation for ad valorem tax purposes of all property within the County.The Monroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose.Likewise,data provided regarding one tax year may not be applicable in prior or subsequent years.By requesting such data,you O hereby understand and agree that the data is intended for ad valorem tax purposes only and should not be relied on for any other purpose. By continuing into this site you assert that you have read and agree to the above statement. Summary U Parcel ID 00244680-000000 lif r� � Account# 1312584 Property ID 1312584 � MillageGroup 100H d) Location 35 LOBSTERTAIL Rd,BIG PINE KEY Address iL Legal BK6LTICAHILLPINESAND PALMS BIG PINE KEY PB3-94 Description OR446-552/54 OR568-38 OR568-758 OR633-186QC OR845- 1134 OR1244-2102AFF OR1244-2103 OR1365-1126/42FJ 88? CAS95-10149-FR-04 OR1366-1508/10 OR1643-682/84 OR1789-1698/170OPET OR1827-2151ORD OR1827-2152EST OR1837-1130/31P/R OR2080-1838/39 OR2688-762/63C/T CL OR2711-1014/18 OR2734-2323/24 OR2857-1977/78 (1114ote�Not to Pro ert Neighborhood SVACANT RESIIpOOOO J onIl+ call rl�u ui°iu Miimt.)p Y ( ) Subdivision CAHILL PINES AND PALMS Sec/TWp/Rng 26/66/29 Affordable No M Housing U) Owner 0 C/O JOE CLEGHORN ................................................ 701 WAD DELLAVE U Key West FL 33040 0 Valuation 2022 Certified Values 2021 Certified Values 2020 Certified Values 2019 Certified Values M + Market Improvement Value $0 $0 $0 $0 + Market MiscValue $213 $213 $231 $249 O + Market Land Value $89,086 $40,768 $37,748 $64,927 = Just Market Value $89,299 $40,981 $37,979 $65,176 = Total Assessed Value $45,079 $40,981 $37,979 $65,176 U O School Exempt Value $0 $0 $0 $0 = School Taxable Value $89,299 $40,981 $37,979 $65,176 Historical Assessments U Year Land Value Building Value Yard Item Value Just(Market)Value Assessed Value Exempt Value Taxable Value Maximum Portability 12 2021 $40,768 $0 $213 $40,981 $40,981 $0 $40,981 $0 (0j 2020 $37,748 $0 $231 $37,979 $37,979 $0 $37,979 $0 2019 $64,927 $0 $249 $65,176 $65,176 $0 $65,176 $0 2018 $64,927 $0 $267 $65,194 $65,194 $0 $65,194 $0 I arll'7au iiu°iaoaiu°iallaau tallAky Nan ar,»tlu°iswaraumllyauuml should unot lbaruarlli°iarluupaauumaw»theauauaillpacuu tallfiftyawu°iauuaium.Contactouaiuoffice to veiii°iy theauauu llppau tillfiftyauu°i uuaiiim. 0 CL Land Land Use Number of Units Unit Type Frontage Depth RES PLUGGED CANAL UNPERMITTED(01PCM) 6,163.00 Square Foot 0 0 U Yard Items ° Description Year Built Roll Year Quantity Units Grade CH LINK FENCE 2003 2004 1 240SF 1 https://gpublic.schneidercorp.com/Application.aspx?ApplD=605&LayerlD=9946&PageTypelD=4&PagelD=7635&Q=529906222&KeyVal Packet Pg. 1401 3/1/23,3:53 PM gPublic.net-Monroe County,FL-Report:00244680-000000 Sales Sale Instrument Deed Deed Sale Vacantor Sale Date Price Instrument Number Book Page Qualification Improved Grantor Grantee 5/27/2017 $68,000 Warranty Deed 2125882 2857 1977 37-Unqualified Vacant BEAM PHILIP HAND DONNA MARI E 4/10/2015 $42,000 Warranty Deed 2734 2323 37-Unqualified Vacant 10/6/2014 $180,100 Warranty Deed 2711 1014 12-Unqualified Vacant 5/23/2014 $100 Certificate of 2688 762 12-Unqualified Vacant Title 1/26/2005 $1 Warranty Deed 2080 1838 M-Unqualified Vacant 2 11/15/2002 $1 Warranty Deed 1837 1130 M-Unqualified Improved M 1/1/1993 $15,000 Warranty Deed 1244 2103 B-Unqualified Vacant U) a View Tax Info U t3 1Ni a�y�.l[:;oxes f;oir;d 11,;flii:^..IPair.,celll. 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' Monroe County, FL Disclaimer The Monroe County Property Appraiser's office maintains data on propertywithin the County solely for the purpose of fulfilling its responsibility to secure ajustvaluation for ad valorem tax purposes of all property within the County.The Monroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose.Likewise,data provided regarding one tax year may not be applicable in prior or subsequent years.By requesting such data,you O hereby understand and agree that the data is intended for ad valorem tax purposes only and should not be relied on for any other purpose. By continuing into this site you assert that you have read and agree to the above statement. Summary U Parcel ID 00245740-000000 Account# 1313645 Property ID 1313645 MillageGroup 100H Location 154 NEWFOUND Blvd,BIG PINE KEY Address Legal BK9LT4CAHILLPINES&PALMS PB3-94 BIG PINE KEYOR466- Description 552-554 OR569-889 OR742-143 OR905-268 OR1533-1254 OR1672-1280 OR2848-1307/08 OR2858-361 eBj (II"Jote:Not to be uu ed on Mega 111 do uurirnent r».) Neighborhood 545 Property Class VACANT RES(0000) CL Subdivision CAHILL PINES AND PALMS Sec/TWp/Rng 26/66/29 Affordable No U Housing Owner U)¢a�.0 iru Nl lru�lres a Nclrls a u��:: o C/O JOE CL................................................ EGHORN 701 WADDELL AV E J Key West FL 33040 U Valuation 0 IM 2022 Certified Values 2021 Certified Values 2020 Certified Values 2019 Certified Values + Market Improvement Value $0 $0 $0 $0 + Market MiscValue $0 $0 $0 $0 + Market Land Value $91,509 $41,877 $38,775 $66,693 0 = Just Market Value $91,509 $41,877 $38,775 $66,693 = Total Assessed Value $46,065 $41,877 $38,775 $66,693 School Exempt Value $0 $0 $0 $0 U = School Taxable Value $91,509 $41,877 $38,775 $66,693 2 IM Historical Assessments Year Land Value Building Value Yard Item Value Just(Market)Value Assessed Value Exempt Value Taxable Value Maximum Portability U 2021 $41,877 $0 $0 $41,877 $41,877 $0 $41,877 $0 12 2020 $38,775 $0 $0 $38,775 $38,775 $0 $38,775 $0 O U 2019 $66,693 $0 $0 $66,693 $66,693 $0 $66,693 $0 2018 $66,693 $0 $0 $66,693 $66,693 $0 $66,693 $0 111msrIl'7auAii-iinuaiu°irollaaaulalllnBllky Nan esth-nswhsonllyauuarl should unot lbeii llli°ieduupauuuaaw»the actuilllpacuulaallaiilftyauu°inouivat,Contact ouii office Javeiii°ifytheactuuilllppoitilllniilftyauu°irnouiint, CL O LM Land CL Land Use Number of Units Unit Type Frontage Depth RES PLUGGED CANAL UNPERMITTED(01PCM) 6,600.00 Square Foot 60 110 Sales M Sale Instrument Deed Deed Sale Vacantor Sale Date Price Instrument Number Book Page Qualification Improved Grantor Grantee 5/22/2017 $0 Quitclaim 2126122 2858 361 11-Unqualified Improved SOUTHERNMOST HOMES Deed INC 3/29/2017 $160,000 Warranty Deed 2118295 2848 1307 37-Unqualified Vacant BISHOPJEFFREYL 2/1/1984 $31,000 Warranty Deed 905 268 M-Unqualified Vacant https://gpublic.schneidercorp.com/Application.aspx?ApplD=605&LayerlD=9946&PageTypelD=4&PagelD=7635&Q=517879638&KeyVal Packet Pg. 1404 3/1/23,3:55 PM gPublic.net-Monroe County,FL-Report:00245740-000000 View Tax Info Z "Iruuasfleair IlniisIPaircelll .................. Photos Y 0 U) 0 U Map ___w__ _ ..______ ............... 1 i i 0 0�ypp 0iypp TRIM Notice EEEEEEI � 20221114nftesOnlyU No data available for the following modules:Buildings,Yard Items,Permits,Sketches(click to enlarge). 0 U T AioCownro iu./ ron WNW/ r,i,r ,"""fl iv,,J�ir. ii, rJ;""'On iri.y/'Jti IiJiifC ,i i.%;;.,Ir y 9IIi ii.M ri -ruby r Schneider / 7t r 14r r i�,i, t iirr li „1 r /I 'i/ i.ir il' Il�riil r r i n,r i ig it i,,, /«r, in i GE A1. � U. fIF YIFala� LM-- — U G-IDIPI��?rivaa" IN�arUua,P, AM U https://gpublic.schneidercorp.com/Application.aspx?ApplD=605&LayerlD=9946&PageTypelD=4&PagelD=7635&Q=517879638&KeyVal Packet Pg. 1405 3/1/23,3:55 PM gPublic.net-Monroe County,FL-Report:00245750-000000 ,, i� . ' Monroe County, FL Disclaimer The Monroe County Property Appraiser's office maintains data on propertywithin the County solely for the purpose of fulfilling its responsibility to secure ajustvaluation for ad valorem tax purposes of all property within the County.The Monroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose.Likewise,data provided regarding one tax year may not be applicable in prior or subsequent years.By requesting such data,you O hereby understand and agree that the data is intended for ad valorem tax purposes only and should not be relied on for any other purpose. By continuing into this site you assert that you have read and agree to the above statement. Summary U Parcel ID 00245750-000000 Account# 1313653 ��1 Property lD 1313653 � ! a MillageGroup 100H �, 0) Location 164 NEWFOUND Blvd,BIG PINE KEY Address iL Legal BK9LT5CAHILL PINES&PALMS PB3-94 BIG PINE KEY OR466-552- Description 554 OR569-889 OR742-143 OR905-268 OR1533-1254 OR1672- 1280 OR2848-1307/08 OR2858-361 eBj (II^Jcut au.Not to be used on Ilegaall docuuu°i nen s.) Neighborhood 545 Property Class VACANT RES(0000) CL Subdivision CAHI LL PI NES AND PALMS Sec/TWp/Rng 26/66/29 Affordable No U Housing Owner U)¢a�.0 iru Nl lru�lres a Nclrls a u��:: o C/O JOE CL................................................ EGHORN 701 WADDELL AV E J Key West FL 33040 U Valuation 0 IM 2022 Certified Values 2021 Certified Values 2020 Certified Values 2019 Certified Values + Market Improvement Value $0 $0 $0 $0 + Market MiscValue $0 $0 $0 $0 + Market Land Value $91,509 $41,877 $38,775 $66,693 0 = Just Market Value $91,509 $41,877 $38,775 $66,693 = Total Assessed Value $46,065 $41,877 $38,775 $66,693 School Exempt Value $0 $0 $0 $0 U = School Taxable Value $91,509 $41,877 $38,775 $66,693 2 IM Historical Assessments Year Land Value Building Value Yard Item Value Just(Market)Value Assessed Value Exempt Value Taxable Value Maximum Portability U 2021 $41,877 $0 $0 $41,877 $41,877 $0 $41,877 $0 12 2020 $38,775 $0 $0 $38,775 $38,775 $0 $38,775 $0 O U 2019 $66,693 $0 $0 $66,693 $66,693 $0 $66,693 $0 2018 $66,693 $0 $0 $66,693 $66,693 $0 $66,693 $0 lllaarll'7auAii-iiniiairnllaaau`laallnBllky Nan sth-nswgaonllyaund should not lbeii llli°ieduupsauuaaws the austuilllpsauuhaalluiilftyauu°irnuuiuiiiml.Contact ouiu office toveiiu°ify the actuuilllpaaaitilllniilftyauu°irnuuiuiint, CL O LM Land CL Land Use Number of Units Unit Type Frontage Depth RES PLUGGED CANAL UNPERMITTED(01PCM) 6,600.00 Square Foot 60 110 Sales M Sale Instrument Deed Deed Sale Vacantor Sale Date Price Instrument Number Book Page Qualification Improved Grantor Grantee 5/22/2017 $0 Quitclaim 2126122 2858 361 11-Unqualified Improved SOUTHERNMOST HOMES Deed INC 3/29/2017 $160,000 Warranty Deed 2118295 2848 1307 37-Unqualified Vacant BISHOPJEFFREYL 2/1/1984 $1 Warranty Deed 905 268 M-Unqualified Vacant https://gpublic.schneidercorp.com/Application.aspx?ApplD=605&LayerlD=9946&PageTypelD=4&PagelD=7635&Q=l151724014&Keyv Packet Pg. 1406 3/1/23,3:55 PM gPublic.net-Monroe County,FL-Report:00245750-000000 View Tax Info Z "Iruuasflealr IlnilsIPaircelll .................. Photos b P Y4 I I�i I�lil V'pl II I I I��i a�yl��mill II I II I I w.+ U) 0 U 2) IM Map Z m U MIT � IIB�`9}+1fll�if'1! 0{ ilYYlfi��� SIG U)yp 0 0�ypp I' .......... ..... TRIM Notice EEEEEEI � 20221114aftimOnlyU No data available for the following modules:Buildings,Yard Items,Permits,Sketches(click to enlarge). 0 U T Aionro Cow u,/ ron WNW/ r,I,r ,"""fl Iv,,J�Ir, l I, rJ;""'On /'Jt i I�Jif r ,j ity .,Ir yi i, 9IIi I,;it r i -r d by Schneider � / 7t r 14r r i�,i, t lirr li „1 r /I 'I/ i.ir il' Il�riil r r i n,r i ig if i,,, /«r, li,/.h,f i GE A1. � I r w"'5r mo; You"u r Dyu, I,� r,,,r id;,,,grev i I,',r i u CL U. fIF YIFala� LM-- — U G-IDIPIR?rivaa" IN�arUua,P, AM U https://gpubIic.schneidercorp.com/Application.aspx?AppID=605&LayeriD=9946&PageTypeID=4&PageID=7635&Q=1151724014&Keyv Packet Pg. 1407 G.6.c AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this day of 2023, by and between Southernmost Homes, Inc. (hereinafter "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. U WITNESSETH: 1. 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 $300,000.00 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: tM Block 6, Lot 1 and Block 9, Lots 4 and 5, Cahill Pines and Palms (PB 3-94) Parcel ID# 00244680-000000, 00245740-000000, and 00245750-000000 U) 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will 0 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: c 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 2 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 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). 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 LAND AUTHORITY 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 LAND 1 Packet Pg. 1408 G.6.c 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, 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 LAND AUTHORITY shall have at all reasonable 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, Monroe County, or the State of Florida a associated with, or arising from ownership of, said lands and this waiver shall survive closing. c, 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 marketable 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 g' 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. Z 6. In consideration whereof the LAND AUTHORITY agrees that it will purchase all of said lands and tM other interests at the price of $300,000.00. The LAND AUTHORITY further agrees that, after the , preparation, execution, and delivery 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. The LAND AUTHORITY shall pay the following U) expenses associated with the conveyance of the property: deed recording fees, settlement fees, 0 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 2 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 IZ AUTHORITY as of the date payment is made to the Seller(s) subject only to the reservations 0 stated in Section 2 above. c� 7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property 2 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 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. 9. It is mutually understood and agreed that notice of acceptance of this Agreement shall be given to the Seller(s) by email to the address provided by the Seller(s) or by mail addressed to the Seller(s) at the following address: 701 Waddell Avenue with a copy to: Jimmy R. Lane Key West, FL 33040 Century 21 Island Life jimmy@jimmylane.com 2 Packet Pg. 1409 G.6.c 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. The property shall be delivered at closing free of any tenant or occupancy whatsoever. c 11. The Seller(s) shall close any open building permits or code enforcement proceedings prior to closing. C 12. The effective date of this Agreement (hereinafter"Effective Date") shall be that date when the last U 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 2, 2023 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 g' transaction is contingent upon approval by the Advisory Committee and Governing Board of the LAND AUTHORITY, failing which the parties acknowledge that each shall be released of all further obligations under this Agreement. In the event this transaction has not closed within one hundred eighty (180) days from the Effective Date, then either party may terminate this Agreement at any time thereafter by providing written notice, in which case the parties acknowledge that each tM shall be released of all further obligations under this Agreement. LO 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 U) Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the LAND 0 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). Seller/ Southernmost Homes, Inc. By: Joseph D. Cleghorn, Jr., President 0 Signature Date Phone Number Email Address The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its EXECUTIVE DIRECTOR in accordance with Resolution 03-2016, has executed this Agreement on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of 12023. MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (Seal) Christine Hurley, Executive Director c� 3 Packet Pg. 1410