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Resolution 067-1986 or Malcolm G. MacNeil, President Sexton Cove Estates, Inc. RESOLUTION NO. 067 -1986 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, AUTHORIZING THE MAYOR AND CHAIRMAN OF THE BOARD TO EXECUTE A CANCELLATION OF AGREEMENT BY AND BETWEEN SEXTON COVE ESTATES, INC. AND THE COUNTY OF MONROE, FLORIDA, IN CONNECTION WITH AN AGREEMENT ENTERED INTO BY THE AFOREMENTIONED PARTIES DATED JANUARY 14, 1970. WHEREAS, Sexton Cove Estates, Inc. (Developer) and Monroe County entered into an agreement dated January 14, 1970, said agreement being recorded in Official Records Book 448, Page 62, of the Public Records of Monroe County, Florida, wherein the Developer agreed to construct and pave streets in Sexton Cove Estates, and the County was to hold, as security for performance of the construction and paving of the streets, a deed to Lots 1 through 25, Block 1, Sexton Cove Estates, and WHEREAS, the construction and paving of the streets have been performed, and WHEREAS, Monroe County hereby agrees to surrender the subject deed if it is now in its possession, and WHEREAS, Being that all requirements of the Agreement dated January 14, 1970 between Developer and County have been complied with, the same is therefore is cancelled and each party is relieved from any further rights or obligations thereunder, now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that the Mayor and Chairman of the Board of County Commissioners of Monroe County, Florida, is hereby authorized to execute a Cancellation of Agreement by and between Sexton Cove Estates, Inc. and the County of Monroe, Florida, a copy of same being attached hereto, in connection with the agreement entered into by the aforementioned parties dated January 14, 1970. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the _ day of 4tr-rj , A.D. 1986. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By .. ... ~ \.W. !~'.l~~"'~--'. , ~ , Mayor/Chairman (Seal) Attest :DANNY L. KOLHAGE, Clerk /7L ~ ;" AfiL -b5, . . '~j ._~ I C er / APPROVED AS TO FORM AND lEGAL SUFFICIENCY. By~7J~ /lu.:Jrnev's Office CANCELLATION OF AGREEMENT THIS AGREEMENT, dated this 17 day o~ and between SEXTON COVE ESTATES, I~., a Flo::da 1986, by cor- poration, "Developer", and COUNTY OF MONROE, State of Florida, a Political Subdivision,. "County". 1. Developer and County entered into an Agreement dated January 14, 1970, which Agreement was recorded in Official Records Book 448 Page 62 of the Public Records of Monroe County, Florida. In the Agreement, the Developer agreed to construct and pave streets as shown in the Plat of Sexton Cove Estates, Plat Book 6 Page 30 of the Public Records of Monroe County, Florida, and the County was to hold, as se- curity for performance of the construction and paving of the streets, a deed to Lots 1 through 25, Block 1 of SEXTON COVE ESTATES. The construction and paving of. the streets have been performed, therefore, the County agrees it will surrender the subject deed if it is now in the possession of the County. 2. All of the requirements of the Agreement between Developer and County, having been complied with, the Agreement is therefore cancelled and each party is relieved from any further rights or obligations thereunder. - IN WITNESS WEREOF, the partied have hereunto set their hands and seals on the date first above written. ~~. / Wait'&'.~a By ~ COUNTY OF MONROE, STATE OF FLORIDA By, , . APpnov' r ,IS TO ,'CORM ~"'D ',"'--"'L --'",'f-I(",-r,:r.....1 I., r. .." ",.' "', ,v.....,. BY _ ~ /It', ' '.0 STATE OF FLORIDA : ss. : COUNTY OF DADE ~fOregOing instrument was akcnowledged this L7 day of ~~ ' 1986, by MALCOLM G. MacNeill, President of SEXTON CO E ESTATES, INC. C?~~-~L NOTARY PUBLIC My Commission Expires: Notary Public State of Florida at large. MV Commission Expires Oct. 10, 1981 STATE OF FLORIDA SS. : COUNTY OF MONROE The foregoing instrument was acknowledged this day of , 1986, by , of THE COUNTY OF MONROE. NOTARY PUBLIC My Commission Expires: