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11/15/2022 Purchase Agreement °,,I COURJB' Kevin Madok, CPA 5ts cOUNSy 4 Clerk of the Circuit Court& Comptroller Monroe County, Florida DATE: June 26, 2023 TO: Christine Hurley, Executive Director Monroe County Land Authority ATTN: Dina Gambuzza Property Specialist FROM: Liz Yongue, Deputy Clerk SUBJECT: November 15, 2022 BOCC Meeting The below item has been added to the record. V2 Resolution 374-2022 granting approval of a purchase agreement of property pending final DEO approval, funded by the Community Development Block Grant-Disaster Recovery (CDBG-DR) Voluntary Home Buyout Program (VHBO)in the amount of$1,450,000.00, execution of a restrictive covenant running with the land, and moving one (1)Market Rate -Rate of Growth Ordinance (ROGO)Exemption from the acquired property to the Administrative Relief pool for market rate allocation(s). The executed originals have been forwarded to our Property Clerk for their file. Should you have any questions please feel free to contact me at(305) 292-3550! cc: File KEY WEST MARATHON PLANTATION KEY 500 Whitehead Street 3117 Overseas Highway 88770 Overseas Highway Key West, Florida 33040 Marathon, Florida 33050 Plantation Key, Florida 33070 l'' 4MoNROE COUNTY,FLORIDA VOLUNTARY HOME BUYOUT PROGRAM AGREEMENT FOR PURCHASE.. This AGREEMENT made this \ 0"day of \9(Y , 2022, by and between Monroe County, a political subdivision of the State of Florida, whose post office address is 1100 Simonton Street; Suite 205, Key West,•FL 33040 (hereinafter- referred to as "Buyer") and Harty-J.Appel and-Jennifer-DeMaria-(hereinafter referred-to as"Seller(s)"): 1. OFFER AND DESCRIPTION. Buyer agrees to buy, and Seller(s)agrees to sell all of a certain piece, parcel or lot of land, and for all of the lands and other interests, buildings, structures and improvements-thereon, which lands-shall include-all-tenements; hereditaments; together- with fixtures and Personal Property (as described below), 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 Monroe County; State of Florida, more particularly described as follows (which will be collectively referred to as "Property") ; to-wit:- LEGAL DESCRIPTION: A tract of land in "LONG BEACH ESTATES, SECTION B" and being more particularly described by metes and bounds as follows: COMMENCING at the Northwest Corner of Lot 24 of"LONG BEACH ESTATES; SECTION A" as recorded in Plat Book 5, page 38 of the Public Records of Monroe County, Florida, said Corner being on a curve having a central angle of 26 degrees and 45 minutes and a radius of 550 feet, bear Westerly along said curve and deflecting to the right, 182.93 feet to a Point of Tangent;thence bear South 82 degrees and 00 minutes West, 1,676.11 feet to a point of curve,said curve having a central angle of 11 degrees and 11 minutes and a radius of 950 feet; thence along said curve in a Westerly direction and deflecting to the left 133.89 feet to the POINT OF BEGINNING of the tract of land hereinafter described; from said POINT OF BEGINNING continue bearing along said curve in a Westerly direction and deflecting to the left,51.54 feet to a Point of Tangent;thence bear South 70 degrees and 49 minutes West,48.46 feet;thence bear South 19 degrees and 11 minutes East, 180 feet, more or-less, to the shoreline of the Atlantic Ocean; thence meander the shoreline of the Atlantic Ocean in an Easterly direction for a distance of 100 feet, more or less to a point which in bearing South 16-degrees 04 minutes and 30 seconds East from the POINT OF BEGINNING; thence bear North 16 degrees 04 minutes and 30 seconds West, 214 feet; more or less, back to the POINT OF BEGINNING. The aforesaid description covers Lot 21 in Section B, of an unrecorded Plat to be recorded in the future. RE NUMBER: 00112340-000900 Seller(s) must relinquish all development/building rights to the property including but not limited to any and all allocations legally existing or granted under the MONROE COUNTY's RATE OF GROWTH ORDINANCE (ROGO). The Seller(s) agree that they have full right power; and authority-to convey; and-that they will convey to the Buyer-the fee-simple title n `' r\ri� a MONROE COUNTY,FLORIDA V: 1 / VOLUNTARY HOME BUYOUT PROGRAM together with legal andpractical-access thereto-clear, free-and-unencumbered, subject-to the following easements or reservations for: canals, ditches, flumes, pipelines, railroads, public highways and roads,telephone, telegraph,power transmission lines and public utilities. 2. CONSIDERATION.The purchase price for the Property and improvements above described is$1,450,OOO OO to be paid at dosing,minus any outstanding liens or assessments which are due and payable at the date of settlement. 3. CONTINGENCIES. 3.1 Seller(s) shall vacate the.property within 90 days from the date of this contract or by the vacancy inspection date, whichever is earlier. If Seller(s) does not vacate the property, the Buyer shall have the right to void this contract, unless an extension has been agreedupon, in writing, between Seller(s)and the Buyer. The Property-shall-be delivered by Seller(s) at settlement/closing date free of any tenant(s) or occupant(s) and future tenancies. 3.2-Buyer shall have-access to Property and the-right to-perform any and all inspections on the Property up until day of closing/settlement date. If Buyer's inspections are not satisfactory to-the Buyer, the--Buyer-shall-have the right to void-this-contract-Buyer shall also have the right to void this contract if the Buyer's intended use of the property is a violation of any restrictive covenants on the property that cannot be modified. 3.3-Buyer-and Seller(s) acknowledge -that -this -Property is being purchased with U.S. Department of Housing and Urban Development(HUD)funds that are being allocated through Florida's Department of Economic Opportunity(-DEO) in accordance-with the Voluntary Home Buyout Program. The Seller(s)acknowledges that this contract does not constitute a guarantee to the commitment of funds or site approval, and that such commitment of funds or approval is subject to satisfactory completion of an environmental review, DEO approval of the purchase, and Monroe County, FL Board of County Commissioner's approval of the purchase, and. The Buyer may terminate this Agreement--at-any-time if-any of-the-above-Contingencies-are-not-met. 3.4 The Seller(s)shall resolve any open code enforcement proceedings prior to closing. 4. TRANSACTION COSTS. -Buyers Transaction Costs include the appraisal .fee, -Buyer's attorney-fees, deed--preparation, title-search charges,-survey (if-required)-and title insurance, owner's policy, inspections, municipal lien search, and all documentary stamp taxes and recording fees, if applicable. Seller(s)'s Transaction Costs include deed preparation and payoff fees.-Buyer shall be responsible for Buyer's transaction costs and Seller(s)'s-transaction costs. Seller(s) shall be responsible for any costs necessary to deliver a marketable title (including recording of loan and/or lien satisfactions or other fees needed to cure title). If Seller(s) is represented-by--a realtor-or-attorney, the Seller(s) is-responsible for allSeller(s)' realtor-and attorney fees. Seller(s) shall furnish to Buyer at Closing an affidavit attesting to the absence of any financing statement,claims of lien, or potential lienors known to Seller(s). ,,'- ' MONROE COUNTY,FLORIDA ‘‘,„ VOLUNTARY HOME BUYOUT PROGRAM 5. REAL ESTATE TAXES. Buyer shall be responsible for the pro-rata share of prepaid real property taxes, including any special taxes, due at the date of settlement/closing. It shall be the obligation of-the-Seller(s)-to-.pay.all taxes and assessments-outstanding as-liens at- the date of settlement/closing, whether or not such taxes and assessments are then due and- payable. 6. ADJUSTMENTS. NONE. 7. CONVEYANCE DATE OF CLOSING/POSSESSION. Conveyance-will-be-made subject to all easements and covenants of record (provided they do not make the title unmarketable or prohibits Buyer from its desired use of the property) and to all governmental statutes, ordinances, rules,and-regulations.The Seller(s)-expressly-agree herein-to furnish-to the Buyer- 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.Seller(s) agrees to convey by marketable-title-with--a-general warranty deed,free-of encumbrances:The-deed-will- be prepared by the Closing Attorney in the name of Monroe County, FL,-or as otherwise stipulated by Buyer, and delivered to stipulated place of closing. Closing Attorney shall be authorized-to disburse the sales proceeds at-the time of-settlement This transaction-will be closed on or before 90 days of the signing of this contract unless an extension has been agreed upon-between-Seller(s)-and the Buyer 8. FIXTURES AND PERSONAL PROPERTY. At the time of closing/settlement date, this sale includes all property,fixtures,equipment and improvements of any kind left on the premises. Personal-property, such- as- fixtures-, can be removed-from-the property prior--to Vacancy Inspection so long--as-this-removal does--not-cause--health-or safety concerns-on-the-premises. 9. EXPIRATION OF OFFER. This offer from Buyer will be withdrawn at 5 o'clock PM. (Eastern Time)on Monday, November 28,2022,unless accepted or countered by Seller(s) in-written-form prior to such time. If Seller(s)requires an extension to the time and date stated above to accept or counteroffer the offer presented by the Buyer, a written request with reasoning-needs to be submitted to and-approved-by-the-Buyer--prior-to the expiration date. 10.TIME IS OF THE ESSENCE. Time is of the essence with respect to all provisions of this contract that stipulate a specific period of time for performance. Failure of Seller(s) to complete-any provisionof this contract withinthe stipulated--period--of time for--completion- of the provision will constitute, where applicable, a default of this contract. 1-1. SURVIVAL. If-any-provision-herein-contained-which-by-its-nature and effect is requiredto-be observed, kept or performed after closing, it will survive the closing and remain binding upon-and--for the Parties-hereto-until fully observed-kept-or-performed; 12. ENTIRE AGREEMENT. This agreement, the Voluntary Transaction Agreement, the Certificate of Removal of Personal Property and Abandonment, the Subrogation Agreement, Right-of-Entry, Hold Harmless- and- Indemnification-Agreement, and Certificate of Vacancy Inspection supersedes any and all understandings and agreements between the parties and constitutes the sole and entire agreement between the parties. No oral agreement- or-- representations priorhereto shall-be included-herein-unless set-forth-in-writing: Any change to tt MONROE COUNTY,FLORIDA - ` - VOLUNTARY HOME BUYOUT PROGRAM this contract shall be inwriting.This agreementshall beconstructed-in-accordance with the laws of the State of Florida. It is understood by the parties that this agreement is subject to Chapter 119, Florida Statute regarding Public Records Law. 1-3.-EFFECTIVE DATE.The effective date of-this-Agreement-shall-be-that-date-when-the last-one of the Seller(s) and the Buyer has signed 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 hereinabove-acknowledge-as-received, have anddo-hereby grant untothe Buyer orits authorized representative, or any other office or agent of the Buyer authorized to purchase said lands, the option and right to enter into this Agreement and to purchase said lands as herein provided. Warning:Any person who knowingly makes-a false claim orstatement to-HUD-may be subject to civil or criminal penalties under 18 U.S.C.287, 1001 and 31 U.S.C.3729. Seller/-Harry-J.Appel andJennifer DeMaria 661. - *US-L.43,5 Sig re Date Phone Number 305- eri --o)c ( i Signature Date Phone Number Buyer/COUNTY: MONROE COUNTY,-FLORIDA ;; c. rn . . Ct 0 ATTEST: Kevin Madok,CPA, Clerk = ° aarBy: fl_ ' 4,547--- ,,,,, As q�eputy CI rk - + Rye;-Kayo- -`° CraigCates, Mayor ( f \ # ) MONROE COUNTY ATTORNEY VI F ..: ,, W I W )5, Z022 P ovEr TO FORM -,„ 'f,,,, "6-(11'‘ ir� ° ✓couro, JAMES MOLENAA ASSISTANT COU ATTORNEY Date: 10 40 V. 20ZZ