HomeMy WebLinkAboutIRC Good Guys Prop Purchase INTERLOCAL AGREEMENT
between
INDIAN RIVER COUNTY, FLORIDA
and
CITY OF SEBASTIAN
This Interlocal Agreement, entered into this~A~a.~- day'~0.u,a.,,,.ta.~ , 1999
by and between INDIAN RIVER COUNTY, FLORDA, a p~l~tical subdivision of
the State of Florida, by and through its Board of County Commissioners, hereinafter
referred to as COUNTY and the CITY OF SEBASTIAN, a Florida municipal
corporation, hereinafter referred to as CITY, for the purpose of purchasing property
to expand Riverview Park.
WITNESSETH:
WHEREAS, the COUNTY and CITY are interested in expanding Riverview
Park so that it may be enjoyed by City and County residents; and
WHEREAS, CITY has entered into an "Agreement for Option to Purchase"
river front property adjacent to the existing park which will allow expansion of the
existing park; and
WHEREAS, both the COUNTY and CITY can assist each other through a
joint effort where the COUNTY will provide funds to aid in the purchase of said
property; and
WHEREAS, an undertaking of this nature is in keeping with the "Florida
Interlocal Cooperation Act of 1969" as set forth in Chapter 163, F.S.
NOW, THEREFORE, in consideration of the mutual terms, conditions,
promises, covenants and premises hereinafter set forth and pursuant to the statutory
authority contained in Chapter 163, F.S., the COUNTY and CITY agree as follows:
1. The COUNTY shall contribute $200,000 towards the purchase by the CITY of
vacant property to be used for expanding Riverview Park in the city limits.
2. The condition of this pledge is that the CITY shall be responsible for raising the
balance of the purchase price of the property and closes on the property, all as set
forth in the "Agreement for Option to Purchase" which also contains the legal
description of the property to be purchased.
3. If the CITY does not purchase the property for any reason, pursuant to the option
contract and any extensions thereof, the COUNTY's offer to donate $200,000
towards the purchase price will be withdrawn.
4. As an additional consideration for the offer by the COUNTY to donate $200,000
is the requirement that the property be used as a public park with all county
residents being treated the same as if they were residents of the City of Sebastian,
i.e., without any discrimination based on their residency.
5. As a further consideration for the donation by the COUNTY of $200,000 is the
requirement that the property be kept always as public park use.
IN WITNESS WHEREOF, the parties hereto have caused this interlocal
agreement to be executed by their duly authorized officials on the day and year first
written above.
ATTEST
INDIAN RIVER COUNTY
BOARD OF COUNTY COMMISSIONERS
ATTEST
':'~"~'~ _ ~J~enneth R. Macht, Chairman
~Z~a~Appr0ved by the BCC 10-26-99
CITY OF SEBASTIAN
10/19/99(agree.riverview)Ow