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HomeMy WebLinkAbout2024 Transmittal LetterCLARK, CAMPBELL, LANCASTER, WORKMAN & AIRTH, P.A. J ATTORNEYS AT LAW TIMOTHY F. CAMPBELL Board Certified Real Estate Attorney Board Certified City, County & Local Government Attorney Land Use and Zoning I Commercial Real Estate I Corporate Law teampbell(i ,clarkcampbell-law.com July 10, 2024 Dorri Bosworth, Manager/Planner Community Development Department City of Sebastian 1225 Main Street Sebastian, Florida 32958 Re: Land Swap Schumann Road Indian River, LLC Property: 600 Schumann Drive Dear Dorn: H. ADAMS AIRTH, JR., LLM KEVIN R. ALBAUM" TIMOTHY F. CAMPBELL1,3 MEGAN E. CHARITY SABRINA L. CHIANESE RONALD L. CLARK' DAVID C. FALL, LL.M. KYLE H.JENSEN JOHN J. LANCASTER, LL.M 2 ELLIOTT V. MITCHELL PETER J. MUNSON MICHAEL E. WORKMAN' BOARD CERTIFICATIONS: t. REAL ESTATE 2. TAX LAW 3. CITY, COUNTY & LOCAL GOVERNMENT 4. ELDER LAW Covv Transmitted by Email dbosworth(a,citvofsebastian.org As a follow up to previous conversations, attached to this correspondence are the following original documents relevant to the parcel exchange between Schumann Road Indian River, LLC and the City of Sebastian. 1. Fully executed Parcel Exchange Agreement, dated November 14, 2023. 2. Fully executed Ordinance No. 0-23-09, dated September 27, 2023. 3. Special Warranty Deed from the City of Sebastian to Schumann Road Indian River, LLC, recorded January 4, 2024, in Official Records Book 3 67 1, Page 974. 4. Special Warranty Deed from Schumann Road Indian River, LLC to the City of Sebastian, recorded January 4, 2024, in Official Records Book 3 67 1, Page 970. Thanks very much for your assistance in this matter. Sin erely, CON Timothy F.. Campbell Attachments 500 South Florida Avenue, Suite 800 • Lakeland, Florida 33801 - P: (863) 647-5337 • F: (863) 647-5012 clarkeampbell-law.com PARCEL EXCHANGE AGREEMENT This Parcel Exchange Agreement (the "Agreement") is made and entered into as of the ty day of �J00ek--bp, , 2023 (the "Effective Date") by and between Schumann Road Indian River, LLC, a Florida limited liability company (the "Schumann"), whose address is 500 South Florida Avenue, Suite 700, Lakeland, Florida 33801, and the City of Sebastian, a municipal corporation of the State of Florida, whose address is 1225 Main Street, Sebastian, Florida 32958 (the "City"), with both parties being grantors and grantees hereunder as to certain properties as described below. Schumann and City may be collectively referred to as the "Parties," or individually as a "Party." RECITALS: WHEREAS, Schumann owns certain property at the intersection of Schumann Drive and U.S. Highway 1, within the existing corporate limits and boundaries of the City of Sebastian with the following Indian River County Property Appraiser Parcel Identification Numbers 31391700002406000004.0, 31391700002000100000.0, 31391700002406000007.0 and 31391700002406000001.0 (collectively, the "Schumann Parcel"); and WHEREAS, the City of Sebastian ("City") owns certain property northeast of the intersection of Schumann Drive and U.S. Highway 1 and adjacent to the Schumann Parcel, within the existing corporate limits and boundaries of the City of Sebastian with the following Indian River County Parcel Identification Number 31391700002000100000.0 (the "City Parcel"), that the City currently utilizes as Historical Park; and WHEREAS, Schumann desires to develop the Schumann Parcel for various commercial retail uses that serve the communities in the vicinity of the Schumann Parcel (the "Intended Use"); and WHEREAS, Schumann and the City have determined that it will be mutually beneficial to enter into an exchange of parcels, to wit: a 2,984.6 square foot portion of the Schumann Parcel as more particularly described in Exhibit "A," attached hereto and incorporated herein by reference (the "Schumann Exchange Parcel"), to be conveyed by Schumann to the City, for a 2,977.43 square foot portion of the City Parcel as more particularly described in Exhibit `B," attached hereto and incorporated herein by reference (the "City Exchange Parcel'), to provide a public benefit to the City and fulfill a City purpose by allowing improved access for and configuration of the City Parcel for use in conjunction with the Historical Park and to allow Schumann to more efficiently develop the Intended Use to provide commercial retail services to the residents of the City; and WHEREAS, the exchange of parcels and completion of the Additional Public Improvements at no expense to the City is in the public interest, serves a public purpose and fulfills a City purpose. l�l'agc City of Sebastian Schumann Rd Parcel Exchange 2023 WITNESSETH.- NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: SECTION 1. RECITALS. The Recitals and exhibits referenced as set forth above have been relied upon by the Parties, are incorporated herein by this reference thereto and are hereby made a part of this Agreement as if fully set forth herein. SECTION 2. THE EXCHANGE/SALE TERMS. Schumann, at its sole cost and express, agrees to convey the City Exchange Parcel to the City and make certain public improvements. City agrees to convey the Schumann Exchange Parcel to Schumann. There shall be no further consideration aside from the mutual exchange of the Parcels, the additional benefit to the Schumann Property and the City Park Property, respectively, and the additional public benefit from the Additional Public Improvements. Said Additional Public Improvements are to be paid for in full at the sole cost and expense of Schumann and include the following: attached and described in Exhibit C. SECTION 3. INSPECTION PERIOD. Each of the Parties may perform such reasonable tests and investigations of the Parcel that such Party is to receive, which is or are desired to determine if it is suitable to for the purposes intended. Schumann agrees to pay or reimburse the City for such reasonable tests and investigations such that the City incurs no expense for the testing or investigations. Each of the Parties shall have sixty (60) business days from the Effective Date ("Inspection Period") to undertake such physical inspections and other investigations of and concerning the Parcel that it will receive, including surveys, soil borings, engineering and environmental studies and other tests, studies and examinations, as each Party considers useful and for its consultants to review and evaluate the Parcel to determine if it is suitable in that Party's sole and absolute discretion. Each of the Parties will allow the other Party and its representatives and agents reasonable access onto the respective Exchange Parcel to conduct such tests and studies each Party may determine to be necessary. Either Party may terminate this Agreement during the Inspection Period. Upon termination, all rights and obligations shall be null and void and neither Party shall be liable to the other Party. SECTION 4. EVIDENCE OF TITLE/TITLE INSURANCE. A. Schumann, at its sole cost and expense, shall provide title insurance for the transaction in in the amount of $24,000.00 for the Schumann Exchange Parcel and $18,000 for the City Exchange Parcel, said title insurance insuring the title of the Properties, subject only to the Permitted Exceptions (as hereinafter defined) and "Standard Exceptions" contained on the inside jacket cover of the standard ALTA Form of commitment, provided that said commitment shall provide that said Standard Exceptions 2 1 P a r City of Sebastian Schumann Rd Parcel Exchange 2023 will be deleted by the title insurance company upon the provision by the grantor of each Parcel to Schumann's counsel (the "Title Agent") a Lien, Possession and Encumbrance Affidavit in the customary form (and the Parties agreeing to furnish such affidavits at and as a part of the Closing) and a current survey of each Parcel. B. Within five (5) business days after receipt of a title insurance commitment, each grantee Party shall provide the respective grantor Party with any written objections as the respective grantee Party may have to matters set forth in the Title Commitment and the surveys which materially affect the respective Parcel. In the event any such objections are made by the respective grantee Party; the respective grantor Party shall have a period of ten (10) days from the receipt of the same in order to cure such objections. Failure to cure the objections to the respective grantee's satisfaction shall give the respective grantee the right to: (1) Waive the title objections and close the conveyance of the Parcels; or (2) Terminate this Agreement in which event all rights and obligations between the Parties shall be null and void. SECTION 5. CONVEYANCE OF LAND AND IMPROVEMENTS AND PERSONAL, PROPERTY. A. The City shall convey the Schumann Exchange Parcel to Schumann by special warranty deed free and clear of all liens, encumbrances and matters, except the following: (1) Prorated taxes due and owing for the year of closing and subsequent year, [to the extent allowed for by law, the Parties recognizing that the City is a tax exempt governmental entity.] (2) Zoning, restrictions, prohibitions and other requirements imposed by governmental authority or as shown on the face of a plat. (3) Matters described in the title commitment that impact the respective Parcel, subject to the grantee rights to object to title as set forth above. (4) The matters stated in this Section are defined as "Permitted Exceptions." B. The Schumann shall convey the City Exchange Parcel to the City by special warranty deed free and clear of all liens, encumbrances and matters, except the following: (1) Prorated taxes due and owing for the year of closing and subsequent years. (2) Zoning, restrictions, prohibitions and other requirements imposed by governmental authority or as shown on the face of a plat. (3) Matters described in the title commitment that impact the respective Parcel, subject to the grantee rights to object to title as set forth above. (4) The matters stated in this Section are Permitted Exceptions. SECTION 6. SURVEY AND TOPO. Schumann shall obtain a survey and surveyor prepared legal description for each Parcel. The legal description shall be used in the respective deed for the Parcel Exchange. 311'.,, City of Sebastian Schumann Rd Parcel Exchange 2023 SECTION 7. LIMITED WARRANTIES. Each Party does hereby represent and warrant to the respective grantee Party that: A. The respective grantor Party has good and merchantable fee simple title to the respective Parcel conveyed free and clear of all liens and leasehold interests (except the Permitted Exceptions and those liens which respective grantor can and shall remove at Closing) and that respective grantor can convey the same without the joinder of any other persons or entities. B. The respective grantor has no notice or information of any litigation or administrative proceeding threatened or pending against the respective Parcel to be conveyed or the respective grantor's interest in it. C. During the term of this Agreement, the respective grantor Party shall not, without the respective grantee Party's consent, execute any easements or restrictions or otherwise take or permit any action that would constitute a title exception, or any other matter. D. Should any representation by the grantor Party herein prove false as set forth in this section, the respective grantee Party shall be entitled to terminate this Agreement in which event all rights and obligations hereunder shall terminate. All representations contained in this section shall survive the Closing. SECTION 8. ATTORNEY'S FEES. Each Party agrees to pay its own attorneys' fees incurred in connection with this transaction. SECTION 9.OBLIGATION TO CLOSE. The respective grantee Party's obligation to close the sale contemplated hereby is expressly conditioned upon: A. All of the respective grantor Party's covenants and obligations being fully performed or performance waived by the respective grantee Party; and B. All representations and warranties made by the respective grantor Party in this Agreement being true and correct as of the Closing; and C. Neither of the Parties has terminated this Agreement prior to the end of the Inspection Period or otherwise as allowed in this Agreement; and D. Receipt and approval by each of the Parties of surveys containing the legal description of each Parcel; and E. Receipt of a marked -down title insurance commitment whereby the title insurer agrees to insure fee simple title to the Property being purchased subject only to the Permitted Exceptions. F. If the Parcel Exchange contemplated hereby is not consummated due to a default or inability to perform on the part of the respective grantor Party, then neither Party shall have any further liability to the other; provided, however, that, in the event of a respective grantor Party's wrongful refusal or wrongful failure to perform, the respective grantee Party shall also be entitled to specific performance and all other remedies available at law or in equity. SECTION 10. CLOSING. At Closing the Parties shall deliver the following documents and funds: A. Each grantor Party shall deliver a fully executed, witnessed and notarized special 4 1 1' City of Sebastian Schumann Rd Parcel Exchange 2023 warranty deed to the respective grantee Party. Schumann shall pay all transfer taxes and any other costs of recording the deed. B. Possession of, and title to, each Parcel to be conveyed shall be delivered to the respective grantee Party by the respective grantor Party subject only to the Permitted Exceptions as set forth herein. C. The respective grantor Party shall furnish such typical affidavits as shall be reasonably required by the Title Company to remove from the Title Policy the standard printed exceptions and such other typical documents reasonably required by the respective grantee or the Title Company. D. Schumann shall be responsible for applicable prorated real property taxes as of the Closing date. E. Schumann shall deliver to the Closing Agent sufficient funds with which to pay the closing costs and to record the necessary deeds at Closing. F. Schumann shall pay for all other expense reimbursements, such that the City incurs no expense in the execution of this Parcel Exchange Agreement, G. If all requirements for Closing are met and neither Party is in default hereunder, the Parties shall exchange the deeds as set forth herein at Closing. SECTION 11. NOTICES. A. All notices required or permitted hereunder shall be in writing, addressed to the applicable notice address set forth above and deemed delivered: (1) When received in person if hand -delivered, (2) On the next day after being deposited with a recognized national overnight courier, (3) On the third day after being deposited in the U.S. Mail, certified letter, postage prepaid, return receipt requested, or (4) On the date of transmission of an email provided that email notice is transmitted before 4:30 p.m. ET on a business day that is not a federal holiday or, if by email transmitted after 4:30 p.m. ET on a business day, a day that is not a business day or on a federal holiday, on the next business day that is not a Federal holiday to the following: As to the City: City of Sebastian Attn: City Manager 1225 Main Street Sebastian, Florida 32958 With a copy to: City of Sebastian Attn: City Attorney 1225 Main Street Sebastian, Florida 32958 As to Schumann: Lawrence T. Maxwell 500 South Florida Avenue, Suite 700 Lakeland, Florida 33801 With a copy to: Timothy F. Campbell, Esquire 511' ;1 City of Sebastian Schumann Rd Parcel Exchange 2023 Clark, Campbell, Lancaster, Workman & Airth, P.A. 500 South Florida Avenue, Suite 800 Lakeland, Florida 33801 Email: tcampbell6klarkeamnbell-law.cow or such other address as delivered in writing to the other party in accordance with this notice provision. SECTION 12. BROKERS. A. The parties represent and warrant to one another that they have not dealt with any realtor, broker, or finder concerning the Parcels to be conveyed. B. Each representation, warranty and agreement contained in this Section shall survive Closing and delivery of the instruments transferring title to the Parcel to be conveyed. SECTION 13. DATE AND PLACE OF CLOSING: CLOSING AGENT., This Agreement shall be closed, at Schumann's election (a) by exchange of documents and funds by wire transfer and overnight mail, or (b) at the City Hall of the City of Sebastian, within ninety (90) days after Effective Date (the "Closing Date") unless extended by the Parties. The law firm of Clark, Campbell, Lancaster, Workman & Airth, P.A. shall function as Closing Agent and issuer of the title insurance policies provided for herein. SECTION 14. EXPENSES. Schumann shall pay the cost of recording the deeds required for the Parcel Exchange. The respective grantor Party shall pay for the cost and recording of any corrective title instruments related to the grantor Party's Parcel. SECTION 15. PRORATIONS AND ADJUSTMENTS. Schumann shall be responsible for the prorated expenses, including, without limitation, real property taxes and personal property taxes, as of the day before the Closing Date. Each grantor Party shall be responsible for other customary prorated expenses for grantor Party's Parcel except as provided for above herein. SECTION 16. RISK OF LOSS. In the event of any damage to the Parcel to be conveyed by fire or other casualty, this Agreement may be terminated by the respective grantee Party. SECTION 17. RADON: FLOOD PRONE AREAS; ASBESTOS: SOILS., Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present a health risk to persons who are exposed to it over time. Levels of radon that exceed Federal and State guidelines have been found in buildings in Florida. Additional infonnation regarding radon and radon testing may be obtained from the Indian River County health department. Likewise, the Parcels may be subject to flooding, and it is the obligation of the respective 61 �.. City of Sebastian Schumann Rd Parcel Exchange 2023 grantee Party to ensure that they are satisfied with the condition of the respective Parcel to be conveyed to it in all respects. Also, the Parties recognize that the Parcels may contain flood prone areas or asbestos and require mitigation or remediation. Also, soil conditions may affect the usability of a Parcel. Thus, it is incumbent upon the grantee Party to evaluate any and all such matters to determine if the Parcel to be conveyed to it is acceptable to that Party in its sole and absolute discretion within the Inspection Period. SECTION 18. PUBLIC RECORDS/RECORDATION. This Agreement shall not be recorded in public records of Indian River County but will become a part of the City's official records. The Parties acknowledge that they are subject to the Florida Public Records Law and cannot prevent disclosure of this Agreement except as set forth in Section 166.045 and Section 119.0713, Florida Statutes, and Article I, Section 24 of the Constitution of the State of Florida. SECTION 19. HEIRS AND ASSIGNS. The provisions of this Agreement shall bind and inure to the benefit of the successors and assigns of the Parties. The respective grantee Party may assign its rights hereunder. Any such assignment shall be by written instrument executed by the respective grantee Party and such assignee. Any such assignee shall assume and agree to perform all of the obligations of the respective grantee Party within such assignment. SECTION 20. GOVERNING/CONTROLLING LAW. This Contract shall be governed by, and construed and enforced in accordance with the laws of the State of Florida. SECTION 21. VENUEIWAIVER OF JURY TRIAL. Venue for any dispute shall be in the appropriate Court in the 19th Judicial Circuit Court in and for Indian River County, Florida. Parties agree to waive any right to trial by jury in the event of litigation arising hereunder. SECTION 22. LITIGATION COSTS. In connection with any litigation including, but not limited to, appellate proceedings, arising out of this Agreement, the prevailing party shall be entitled to recover all legal charges, expenses, costs and reasonable attorney's fees. SECTION 23. SECTION READINGS/CAPTIONS. The section headings herein contained are inserted for convenience of reference only and shall not be deemed to be a part of this Agreement; they shall be ignored in construing this Agreement. SECTION 24. CONSTRUCTION OR INTERPRETATION OF AGREEMENT. The fact that one of the parties may be deemed to have drafted or structured any provision hereof shall not effect the interpretation of this Agreement and this Agreement is the result of bona fide arms length negotiations by and between the Parties and, accordingly, the fact that one or another Party drafted this Agreement, or any part of it, shall not be considered in construing the particular provision either in 711' a e r City of Sebastian Schumann Rd Parcel Exchange 2023 favor of or against such Party. Both Parties have contributed substantially and materially to the drafting of this Agreement. SECTION 25. COUNTERPARTS. This Agreement may be executed by the Parties in any number of counterparts, each of which shall be deemed an original, and all such counterparts shall be deemed one and the same Agreement. Each such executed counterpart shall have the full force and effect of an original executed instrument. In the event this Agreement is executed in counterparts, the Effective Date of this Agreement shall be determined with reference to the date of the last execution of any of the counterparts. SECTION 26. TIME OF THE ESSENCE. Time is of the essence in the performance of the Agreement. The Parties agree that they shall diligently and expeditiously pursue their respective obligations set forth in this Agreement. SECTION 27. ENTIRE CONTRACT. INTEGRATION OF TERMS, MODIFICATION. This Agreement (and all exhibits thereto, if any) constitutes the entire understanding and agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings of the Parties. No modification or amendment of this Agreement shall be valid and binding upon the parties unless in writing and executed by the parties to be bound thereby. Each person executing this Agreement on behalf of a Party warrants and represents that such person has such Party's full authorization to do so. [REMAINDER OF PAGE LEFT INTENTIONALLY BLANK; SIGNATURE PAGES TO FOLLOW] 811' City of Sebastian Schumann Rd Parcel Exchange 2023 IN WITNESS WHEREOF, the Parties hereto have executed and delivered this Agreement on the day and year indicated below and the signatories below hereby represent that they have full authority to execute this Agreement and to bind each Party set forth below. Attest: By: Signature Witness # 1 Printed Name: By: Signature Witness # 1 Printed Name: Attest: A'hK �anette Williams, MMC City Clerk Approved as to Fonn and Legality. Je 'fer Cockcroft, Esq. City Attorney SCHUMANN ROAD INDIAN RIVER, LLC, a Florida limited liability company By: Lawrence T. Maxwell, as Manager Date: CITY OF SEBASTIAN BY: Fred Jones, Mayor Date: 9/27/2023 91Pa;ge City of Sebastian Schumann Rd Parcel Exchange 2023 IN WITNESS WHEREOF, the Parties hereto have executed and delivered this Agreement on the day and year indicated below and the signatories below hereby represent that they have full authority to execute this Agreement and to bind each Party set forth below. Attest: By Ar-i� Signs itness'01 1 �r Printed Name: By: �L/ Signa�ure� �tness # 1 Printed Name: ibi10- 12L4 Attest: Jeanette Williams, MMC City Clerk Approved as to Form and Legality. Jennifer Cockcroft, Esq. City Attorney SCHUMANN ROAD INDLA4 RIVER, LLC, a Florid limited liability com y By: 14�0/) La ce T. Maxwell, as Maiager Date: 1 I IH126Z� CITY OF SEBASTIAN BY: Fred Jones, Mayor Date: 9JPaLr City of Sebastian Schumann Rd Parcel Exchange 2023 Exhibit "A" City Exchanee Parcel A PARCEL OF LAND BEING A PORTION OF LOT 8, BLOCK 406, SEBASTIAN HIGHLANDS UNIT 7, AS RECORDED IN PLAT BOOK 6, PAGE 6, OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA, AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGIN AT THE SOUTHWEST CORNER OF LOT 8 OF SAID PLAT; SAID POINT BEING ON THE NORTH RIGHT-OF-WAY LINE OF SCHUMANN DRIVE; THENCE DEPART SAID NORTH RIGH-OF-WAY LINE AND RUN N25028'10"E, ALONG THE EAST LINE OF SAID LOT 8, FOR A DISTANCE OF 105.00 FEET TO THE NORTHWEST CORNER OF SAID LOT 8; THENCE RUN S69°4241 "E, ALONG THE NORTH LINE OF SAID LOT 8, FOR A DISTANCE OF 28.11 FEET; THENCE DEPART SAID NORTH LINE AND RUN S25°28'10"W, FOR A DISTANCE OF 108.56 FEET TO A POINT ON THE NORTH RIGHT-OF-WAY LINE OF SAID SCHUMANN DRIVE; SAID POINT ALSO BEING A POINT ON A CURVE CONCAVE TO THE SOUTHWEST AND HAVING A RADIUS OF 384.73 FEET, A CHORD BEARING OF N62°26'44"W, AND A CHORD LENGTH OF 28.01 FEET; THENCE RUN NORTHWESTERLY, ALONG THE ARC OF SAID CURVE AND NORTH RIGHT-OF-WAY LINE, FOR A DISTANCE OF 28.02 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS APPROXIMATELY 2984.6 SQUARE/FEET OR 0.7 ACRES, MORE OR LESS rxwert A' SKETCH OF LEGAL DESCRIPTION O Aov P.O.E.00 n wsn o► wt a �. 6. Lr .A - ex.aor �Mc 11[ Ym V i/as .? m fw•n r �159f.71. 40A R( 1[{t UL V L0� � MERIDIAN 1011'ii;�r City of Sebastian Schumann Rd Parcel Exchange 2023 Exhibit "B" Schumann Exchanee Parcel A PARCEL OF LAND BEING A PORTION OF TRACT B, SEBASTIAN HIGHLANDS, UNIT NO.7, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 6, PAGE 6, OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA, SAID PARCEL BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID TRACT B, RUN S26°3630"E, ALONG THE EAST LINE OF SAID TRACT B, FOR A DISTANCE OF 33.83 FEET TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL OF LAND: FROM SAID POINT OF BEGINNING, CONTINUE ALONG SAID EAST LINE, S26036130"E, FOR A DISTANCE OF 149.34 FEET TO THE NORTHEAST CORNER OF LOT 8, BLOCK 406, OF SAID PLAT; THENCE RUN N69042'41"W, ALONG THE NORTH LINE OF SAID LOT 8, FOR A DISTANCE OF 77.66 FEET; THENCE DEPART SAID NORTH LINE AND RUN N25°28'10"E, FOR A DISTANCE OF 15.97 FEET TO A POINT OF CURVATURE OF A TANGENT CURVE CONCAVE TO THE WEST AND HAVING A RADIUS OF 105.00 FEET, A CHORD BEARING OF N00°34'05"W, AND A CHORD LENGTH OF 92.18 FEET; THENCE RUN NORTHERLY, ALONG THE ARC OF SAID CURVE, THROUGH A CENTRAL ANGLE OF 52-04'28", FOR A DISTANCE OF 95.43 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS APPROXIMATELY 0.07 ACRES OR 2977.43 SQUARE/FEET MORE OR LESS. SKETCH OF 1£GAL DESCRIPTION l s' w:1pp i s ,`« tl``` •�C 4 MEAIpIAN n.rm,. m .... City of Sebastian Schumann Rd Parcel Exchange 2023 M Exhibit "C" PUBLIC BENEFIT PLAN • THE PARCEL EXCHANGE IMPROVES THE CITY'S ACCESSIBLITY TO ITS PARK; • ADDITIONAL LANDSCAPING ON THE CITY'S SIDE OF THE SHARED PARCEL BOUNDARY; A LANDSCAPED MEDIAN THAT ACCOMPANIES THE EASTBOUND LEFT TURN LANE INTO THE SCHUMANN ROAD INDIAN RIVER PARCEL; • LANDSCAPE IMPROEMENT FOR EXISTING MONUMENT ON NORTH SIDE OF SCHUMANN DRIVE; AND • CONSTRUCTION OF APPROXIMATELY 580± LINEAL FEET OF PUBLIC SIDEWALK FROM THE SCHUMANN ROAD INDIAN RIVER PARCEL TO THE RAILROAD TRACKS. 1211'; City of Sebastian Schumann Rd Parcel Exchange 2023 ORDINANCE NO.O-23-09 AN ORDINANCE OF THE CITY OF SEBASTIAN, FLORIDA, AUTHORIZING THE EXCHANGE OF PARCELS PURSUANT TO SECTION 2-93, CITY OF SEBASTIAN CODE OF ORDINANCES, REGARDING THE CONVEYANCE OF A 2,984.6 SQUARE FOOT PARCEL FROM SCHUMANN ROAD INDIAN RIVER, LLC TO THE CITY IN EXCHANGE FOR THE CONVEYANCE OF A 2,977.43 SQUARE FOOT PARCEL FROM THE CITY TO SCHUMANN ROAD INDIAN RIVER, LLC; DESCRIBING EACH PARCEL; FINDING THE TERMS AND CONDITIONS OF THE EXCHANGE OF PARCELS TO BE IN THE PUBLIC INTEREST; PROVIDING FOR SCRIVENER'S ERRORS; PROVIDING FOR CONFLICT AND SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Schumann Road Indian River, LLC, a Florida limited liability company ("Schumann"), owns certain property at the intersection of Schumann Drive and U.S. Highway 1, within the existing corporate limits and boundaries of the City of Sebastian with the following Indian River County Property Appraiser Parcel Identification Numbers 31391700002406000004.0, 31391700002000100000.0, 31391700002406000007.0 and 31391700002406000001.0 (collectively, the "Schumann Parcel'); and WHEREAS, the City of Sebastian ("City") owns certain property northeast of the intersection of Schumann Drive and U.S. Highway 1 and adjacent to the Schumann Parcel, within the existing corporate limits and boundaries of the City of Sebastian with the following Indian River County Parcel Identification Number 31391700002000100000.0 (the "City Parcel'), that the City currently utilizes as Historical Park; and WHEREAS, Schumann desires to develop the Schumann Parcel for various commercial retail uses that serve the communities in the vicinity of the Schumann Parcel (the "Intended Use"); and WHEREAS, Schumann and the City have determined that it will be mutually beneficial to enter into an exchange of parcels, to wit: a 2,984.6 square foot portion of the Schumann (the "Schumann Exchange Parcel'), will be conveyed by Schumann to the City, in exchange for a 2,977.43 square foot portion of the City Parcel (the "City Exchange Parcel"), to provide a public benefit to the City and fulfill a City purpose by allowing improved access for and configuration of the City Parcel for use in conjunction with the Historical Park and to allow Schumann to more efficiently develop the Intended Use to provide commercial retail services to the residents of the City; and WHEREAS, the City has determined that the Parcel Exchange and provision for public improvements is in the public interest, serves a public purpose and fulfills a City purpose; and WHEREAS, the City Council of the City of Sebastian has the power and authority to adopt this Ordinance pursuant to Section 2-93, City of Sebastian Code of Ordinances; and WHEREAS, the City has complied with all requirements and procedures of the laws of the City of Sebastian and the State of Florida in adopting this Ordinance. Now therefore, the City Council of The City of Sebastian, Indian River County, Florida adopts the following: Section 1. Legislative Findings and Intent. The City Council of the City of Sebastian hereby adopts and incorporates the above recital clauses into this Ordinance as true and correct. Section 2. Exchange of Parcels (a) The City hereby approves the property exchange agreement attached hereto and incorporated herein by reference (the "Agreement") regarding the Parcel Exchange. (b) The Mayor and City Clerk are hereby granted and shall have the authority to execute any and all documents that are the subject of the Agreement and this Ordinance to implement the Parcel Exchange. (c) The City specifically determines that the City Exchange Parcel is not needed for a public purpose or use, the Schumann Exchange Parcel provides a greater benefit to the City and that the Parcel Exchange will serve a public purpose as described herein. (d) The City authorizes the conveyance of the City Exchange Parcel to Schumann by means of a special warranty deed, executed by the Mayor of the City and attested to by the City Clerk, that specifically releases and abandons any and all reversions, reservations and rights of entry including, without limitation, mineral rights vested in the City pursuant to the provisions of Section 270.11, Florida Statutes. (e) The City authorizes the acceptance by the Mayor of the conveyance by Schumann of the Schumann Exchange Parcel to the City by means of a special warranty deed executed by an authorized representative of Schumann. (f) The costs associated with the Parcel Exchange and associated improvements, preparation of the legal descriptions for the City Exchange Parcel and Schumann Exchange Parcel, and the recording of the special warranty deeds shall be borne by the Schumann. Section 3. Filing. A copy of this ordinance shall be filed as required by the laws of the City of Sebastian and the State of Florida. Section 4. Notice. Notice of the consideration and adoption of this Ordinance has been provided as required by the laws of the City of Sebastian and the State of Florida. Section 5. Scrivener's Errors. Sections of this ordinance may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager' s designee, without need of public hearing, by filing a corrected or re - codified copy of same with the City Clerk. Section 6. Conflict. All ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 7. Severability. In the event a court of competent jurisdiction shall hold or determine that any part of this Ordinance is invalid, unenforceable or unconstitutional, the remainder of the Ordinance shall be invalidated and it shall be presumed that the City Council of the City of Sebastian did not intend to enact this Ordinance without such invalid or unconstitutional provisions. Section 8. Effective Date. This Ordinance shall become effective immediately upon its adoption by the City Council. The foregoing Ordinance was moved for adoption by Councilmember McPartlan . The motion was seconded by Councilmember Dodd and, upon being put to a vote, the vote was as follows: Mayor Fred Jones aye Vice Mayor Christopher Nunn aye Councilmember Kelly Dixon aye Councilmember Ed Dodd aye Councilmember Bob McPartlan aye The Mayor thereupon declared this Ordinance duly passed and adopted this 27 h day of September, 2023. ATTEST: Oanette Williams, MMC City Clerk Approved as to form and legality: "14bujt�' — er fer Cockcroft, Esq. City Attorney 3 CITY OF SEBASTIAN, FLORIDA By: Fred Jones, Mayor -RECORDED ELECTRONICALLY - OR BOOK �1 PAGEQp G(—) COUNTY: i Qh nj ve r Date:1 Time: la:a"lPM This Instrument Prepared By: Timothy F. Campbell, Esquire Clark, Campbell, Lancaster, Workman & Airth, P.A. 500 South Florida Avenue, Suite 800 Lakeland, Florida 33801 tcamnbellr clarkcamnbell-law.com SPECIAL WARRANTY DEED THIS SPECIAL WARRANTY DEED is made this 27th day of September, 2023, between the CITY OF SEBASTIAN, a municipal corporation of the State of Florida, whose address is 1225 Main Street, Sebastian, Florida 32958 (the "Grantor") and SCHUMANN ROAD INDIAN RIVER, LLC, a Florida limited liability company, whose address is 500 South Florida Avenue, Suite 700, Lakeland, Florida 33801 (the "Grantee"). WITNESSETH: That said Grantor, for and inconsideration of the sum of Ten and No/100 Dollars ($10.00) and other valuable consideration, receipt and sufficiency whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, conveys, and conforms unto the Grantee, all that certain land situate in Indian River County, Florida: Land described on attached Exhibit "A" incorporated herein (the "Property"). A portion of Parcel ID Number: 31391700002000200000.0 This conveyance is subject to: 1. Conditions, restrictions, limitations and easements of record, if any, but this provision shall not operate to re -impose the same. 2. Zoning and other governmental regulations. 3. Taxes and assessments for 2023 and subsequent years. IT IS EXPRESSLY UNDERSTOOD and acknowledged by the GRANTOR and by the GRANTEE, by acceptance of this deed, that, in accordance with Section 270.11(3), Florida Statutes, the GRANTEE has petitioned the GRANTOR for the release of the undivided three -fourths interest in, and title in and to the undivided three -fourths interest in, all the phosphate, minerals, and metals that are or maybe in, on or under the said land and the undivided one-half interest in all the petroleum that is or may be in, on or under the said land all as set forth in Section 270.11(1), Florida Statutes, and that the GRANTOR by this deed includes the conveyance of the GRANTOR'S interest in all phosphate, minerals, and metals that are or maybe in, on or under the said land and interest in all petroleum that is or maybe in or on or under the said land. Special Warranty Deed Page 1 Grantor hereby covenants with Grantee that Grantor is lawfully seized of the Property in fee simple; that Grantor has good right and lawful authority to sell and convey the Property; that Grantor hereby fully warrants the title to the Property and will defend the same against the lawful claims of all persons claiming by, through or under Grantor. IN WITNESS WHEREOF, Grantor has hereunto set Grantor's hand and seal the day and year first above written. SIGNATURE APPEARS ON SUBSEQUENT PAGE Special Warranty Deed Page 2 Signed, sealed and delivered in our presence: ATTEST: Print Name: Jeanette Williams City Clerk Approved as to Form and Legal Sufficiency. Print Name: Jennifer Cockcroft, Esq. City Attorney STATE OF FLORIDA COUNTY OF INDIAN RIVER CITY OF SEBASTIAN, a municipal corporation of the State of Florida By: Print Name: Fred Jones Title: Mayor The foregoing instrument was acknowledged before me by means of (X) physical presence or ( ) online notarization, thisQhday of September, 2023, by - - ; L as l}'1 yo of the City of Sebastian, on behalf of the City, (X ) who is personally known to me or ( ) has produced as identification. (NOTARY SEAL) ;;��Pu• CATHERINE E. TESTA `4 Commission # HH 054261 o Expires February 16, 2025 BmW Ttvu Troy Fain Insurance 8WUS 7019 Special Warranty Deed Notary Public,,,( _ Print Name: r ice' My Commission Expires: brtt&ry t&, Zozs- Page 3 EXHIBIT "A" LEGAL DESCRIPTION AND SKETCH A PARCEL OF LAND BEING A PORTION OF TRACT B, SEBASTIAN HIGHLANDS, UNIT NO.7, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 6, PAGE 6, OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA, SAID PARCEL BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID TRACT B, RUN S26°36'30"E, ALONG THE EAST LINE OF SAID TRACT B, FOR A DISTANCE OF 33.83 FEET TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL OF LAND: FROM SAID POINT OF BEGINNING, CONTINUE ALONG SAID EAST LINE, S26°36'30"E, FOR A DISTANCE OF 149.34 FEET TO THE NORTHEAST CORNER OF LOT 8, BLOCK 406, OF SAID PLAT; THENCE RUN N69°42'41 "W, ALONG THE NORTH LINE OF SAID LOT 8, FOR A DISTANCE OF 77.66 FEET; THENCE DEPART SAID NORTH LINE AND RUN N25028'10"E, FOR A DISTANCE OF 15.97 FEET TO A POINT OF CURVATURE OF A TANGENT CURVE CONCAVE TO THE WEST AND HAVING A RADIUS OF 105.00 FEET, A CHORD BEARING OF N00034'05"W, AND A CHORD LENGTH OF 92.18 FEET; THENCE RUN NORTHERLY, ALONG THE ARC OF SAID CURVE, THROUGH A CENTRAL ANGLE OF 52°04'28", FOR A DISTANCE OF 95.43 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS APPROXIMATELY 0.07 ACRES OR 2977.43 SQUARE/FEET MORE OR LESS. Special Warranty Deed Page 4 f� m n ni n) � >= THE BASIS OF BEARING FOR 7HIS SURVEY IS z N75'W3WF. ALOHC THE EAST LINE OF TRACT S. W t• ALL OTHER BEARNGS ARE RCl.A-1114 TWRET0. -4 z v-< m�yo� �P.o.c. � m i z M H89'20'2A"E 166-EW C L rn �E9'20'zl,w FAMO ��. _...._ ._, R-105,OtY 1P,1 `li+. RgMATNnRR or rxAL'i 6 CN8.N00'34'OS"5Y MOW ����t pl TS �, SEBAS11AN HICHLaNLi'• i171^. 07 pLL�a3.1$' + � p4 ` SUBJECT PA=pORTrolt or TRACT B SEBASLEAN KIGHLANTS UNIT o 0r (PB 8, PG, B) rfi�*B�N ps In U6�38..3.7•p mS9�QU� '.Y. _ . .LT+ rs �4�' �,k4E�e �ti°! t•Y. +gyp 6 _ �1v ..-'• = 16S11Y'm LMi e• key �' `�::` j0., Ld Ogg 32 el ire �^ oz 7d-1 t1`1.n ��• r Vy m f V , •RECORI)EI) FL, CTILONICkLLY' �? O R. BOOK �—�--PAGE � �;�,�vet cocxTY: Date: Time: 101 This Instrument Prepared By: Timothy F. Campbell, Esquire Clark, Campbell, Lancaster, Workman & Airth, P.A. 500 South Florida Avenue, Suite 800 Lakeland, Florida 33801 tcamnbellnclarkcamobell-law. com SPECIAL WARRANTY DEED THIS SPECIAL WARRANTY DEED is made this day ofNovember, 2023, between SCHUMANN ROAD INDIAN RIVER, LLC, a Florida limited liability company, whose address is 500 South Florida Avenue, Suite 700, Lakeland, Florida 33801 (the "Grantor") and the CITY OF SEBASTIAN, a municipal corporation of the State of Florida, whose address is 1225 Main Street, Sebastian, Florida 32958 (the "Grantee"). WITNESSETH: That said Grantor, for and inconsideration of the sum of Ten and No/100 Dollars ($10.00) and other valuable consideration, receipt and sufficiency whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, conveys, and conforms unto the Grantee, all that certain land situate in Indian River County, Florida: Land described on attached Exhibit "A" incorporated herein (the "Property"). A portion of parcel ID Numbers: 31391700002406000004.0, 31391700002000100000.0, 31391700002406000007.0 and 31391700002406000001.0 This conveyance is subject to: 1. Conditions, restrictions, limitations and easements of record, if any, but this provision shall not operate to re -impose the same. 2. Zoning and other governmental regulations. 3. Taxes and assessments for 2023 and subsequent years. Grantor hereby covenants with Grantee that Grantor is lawfully seized of the Property in fee simple; that Grantor has good right and lawful authority to sell and convey the Property; that Grantor hereby fully warrants the title to the Property and will defend the same against the lawful claims of all persons claiming by, through or under Grantor. IN WITNESS WHEREOF, Grantor has hereunto set Grantor's hand and seal the day and year first above written. SIGNATURE APPEARS ON SUBSEQUENT PAGE Special Warranty Deed Page 1 Signed, sealed and delivered in our presence: > ass P Name: UStln� C33 y Print Name: �! STATE OF FLORIDA COUNTY OF COLLIER SCHUMANN ROAD INDIAN RIVER, LLC, a Florida limited liability company By: ,r Nwrence . Maxwell, as Manager The foregoing instrument was acknowledged before me by means of (X) physical presence or ( ) online notarization, this A day of November, 2023, by Lawrence T. Maxwell, as Manager of Schumann Road Indian River, LLC, a Florida limited liability company,,pa behalf of the company, ( ) who is (NOTARY SEAL) SNAWN MICHAEL OESEAR Notary Public • State of Florida Commission R HH 455578 My Comm. Expires Oct 18, 2027 E3tlilii� through National Notary Assn. Special Warranty Deed personally known to me or ( has produced as identification. ublic Print Name: My Commission Expires: Page 2 EXHIBIT "A" LEGAL DESCRIPTION AND SKETCH A PARCEL OF LAND BEING A PORTION OF LOT 8, BLOCK 406, SEBASTIAN HIGHLANDS UNIT 7, AS RECORDED IN PLAT BOOK 6, PAGE 6, OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA, AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGIN AT THE SOUTHWEST CORNER OF LOT 8 OF SAID PLAT; SAID POINT BEING ON THE NORTH RIGHT-OF-WAY LINE OF SCHUMANN DRIVE; THENCE DEPART SAID NORTH RIGH-OF-WAY LINE AND RUN N25°28'10"E, ALONG THE EAST LINE OF SAID LOT 8, FOR A DISTANCE OF 105.00 FEET TO THE NORTHWEST CORNER OF SAID LOT 8; THENCE RUN S69042'41 "E, ALONG THE NORTH LINE OF SAID LOT 8, FOR A DISTANCE OF 28.11 FEET; THENCE DEPART SAID NORTH LINE AND RUN S25°28'10"W, FOR A DISTANCE OF 108.56 FEET TO A POINT ON THE NORTH RIGHT-OF-WAY LINE OF SAID SCHUMANN DRIVE; SAID POINT ALSO BEING A POINT ON A CURVE CONCAVE TO THE SOUTHWEST AND HAVING A RADIUS OF 384.73 FEET, A CHORD BEARING OF N62026'44"W, AND A CHORD LENGTH OF 28.01 FEET; THENCE RUN NORTHWESTERLY, ALONG THE ARC OF SAID CURVE AND NORTH RIGHT-OF-WAY LINE, FOR A DISTANCE OF 28.02 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS APPROXIMATELY 2984.6 SQUARE/FEET OR 0.7 ACRES, MORE OR LESS Special Warranty Deed Page 3 40 SKETCH Of LEGAL DESCRIPT101V 1 EYHIBTT "A" PROJ.# 22-017 A W^k), eo E nyU..^.m@ OF 8 ;4. �11b�p6 `Sm"T" IO�HIJHFS , I _ LMl. 0' PS-ka 0a 5 i � � 4[aA:T1Ax Hlall...if(r.� zr'?'u. R o-B. � n� oLW Orr mg +oa Si CDRNER PE; o. vc.o i t' L-51.9s rye's 41, p+t*'vs tr7'++'IA' L�28 C R-seam 4v ., dr.49U"13` Cfn1,156TT":9'N / SOT 7 �. R JB1,7 at nui IAN yj� CHS-M225'44'W r PRO. Pc e tipt ^ aA��p ite. �8�. `��y �CNO.4a374'O5°• L-SA69" / "'+�' CH9d521Yi 07E j�a �j�✓` ! jIr Inure 4 /i FEBANTTLYR IP[Q'i � PH, a, PG a: 'NOTE THE BASIS OF BEARING FOR THIS SM-WY IS N25'28"10'E. ALONG THE V&SI LINE OF LOT 8 - MERIDIAN PAS SKETCH OF OESCAPTION ARE NOT VAUD NTTnOUT TC LAD SUgyEyoRg $IGNAT RE AND ?HE ORIONAL 4AISLD SLAL C4 THE FLOR12A 'I' Rt1T4ANk1VPR ETt L5, SlATb 7J)I RECISTERM SURVEYOR AND YAPPER %Awo HEREON VMICH l�GR65 O Rrkc31. FL 32%0 Lk*6 51WATLOCL AND SLAL NAY BE FDIPID AT TH— E1M OF T7+F. MIO1.'L.-7941211, PA3.: ??i•79.1•]Uis6 ATTACHED FWPOFT. THE PLA7 ANC REPORT ARE NOI FLU EMAIL 1m;OwLSAz6m.mm AND DOWPLETE ".THOVI ONE ANOTHER. Special Warranty Deed Page 4