GARY / GERARD EDWARD ROSSI (2)
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PURCHASE AGREEMENT
Parcel No.: 75
Project: Stevenson Creek
THIS AGREEMENT is made between Gary E. Rossi a/kla Gerard Edward Rossi , hereinafter referred to as
SELLER, and the CITY OF CLEARWATER, FLORIDA, a Florida Municipal Corporation, hereinafter referred to as
PURCHASER or CITY.
WITNESSETH
For and in consideration of the mutual covenants and conditions herein contained, SELLER hereby agrees to sell and
PURCHASER hereby agrees to buy the following property or interest therein, upon the following terms and conditions:
I. DESCRIPTION
(a) Real estate or interest therein, identified as: Sirmons Heiahts First Addition. Lot 75
in the Public Records of Pinellas County, Florida, incorporated herein by reference.
[ ] Fee Simple
[X] Permanent Easement Reference: Exhibit "A" attached to and a part hereof.
[ ] Temporary Construction Easement.
(b)
Personal property identified as follows:
None
II.
PURCHASE PRICE
(a) Amount to be paid by PURCHASER to SELLER for real estate and personal property,
in cash at time of closing
(b) Estimated value of additional non-cash consideration, said consideration being:
Replacement landscaping along back of property
(c) Estimated transaction costs to be paid by PURCHASER
$ 2.500.00
$ 1.050.00
$ 60.00
TOTAL PURCHASE PRICE INCLUDING COSTS
.................... ..... ... . ...... ....
$ 3.610.00
III. CONDITIONS AND LIMITATIONS
(a) It is mutually understood that this Purchase Agreement is subject to approval and execution by the City
Manager of the City of Clearwater within twenty one (21) days following receipt by the City Engineering
Department/Administrative Division of duplicate originals of this Purchase Agreement executed by Seller. A fully executed
original shall be returned to Seller within ten (10) days of approval by the City Manager.
(b) Seller acknowledges being informed that the City, or its consultant, will be obtaining lien subordination
agreements from Seller's mortgagee, if any; and should said mortgagee require that Seller provide a mortgage reduction
payment in an amount up to the cash consideration above described, the City check shall be payable jointly to Seller and said
mortgagee.
(c) Purchaser agrees, and Seller authorizes, restoration to the present or equal condition, any construction
impacts whatsoever to Seller's property up five feet contiguous to the easement premises. The restoration shall be
accomplished at Purchaser's expense and shall be completed by Purchaser not later than completion of the improvement
project.
IV. CLOSING DATE - POSSESSION
Closing of this transaction shall occur, and Seller shall convey and deliver possession of a perpetual Drainage and
Utility Easement to the City, upon a date to be determined by the City which shall be on or before six (6) months following the
Acceptance Date as shown in paragraph VII. At closing the City shall deliver to Seller a City check in the full amount to be
paid to the Seller as expressed in paragraph lI(a) above, if any; and subject to provisions of paragraph III. Prior to date of
closing and possession as described herein, Seller shall remove any personal property from the easement premises Seller
wishes to retain that has not been purchased by the City as a condition of this contract. All personal property remaining upon
the easement premises at time of possession shall be deemed to have been abandoned by Seller.
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V. TYPEWRITTEN OR HANDWRITTEN PROVISIONS
" Typewritten or handwritten provisions inserted herein or attached hereto as Addenda, and initialed by all parties, shall
control all printed provisions in conflict therewith. All addenda, whether typewritten or handwritten, attached hereto must be
referenced and initialed in this section. In addition, all addenda must be signed by both the Seller and the Purchaser.
There [ ] is [X] is not an addendum to this agreement.
VI.
~HEREOF, THE SELLER has caused these presents to be executed this
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day of
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WITNESS
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VII. ACCEPTANCE BY THE CITY OF CLEARWATER
IN ITNESS WHEREOF, the QUyof Clearwater has caused these presents to be accepted this d2 day of
, 199..:L ("Acceptance Daten).
CITY OF CLEARWATER, FLORIDA
By: ~M~.
Elizabeth eptul ,City Manager
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LEGAL DESCRIPTION
Begin at the Northwest corner of Lot 75. Sirmons Heights First Addition, as recorded in
Plat Book 26, Page 59, of the Public Records of Pinellas Coun ty. Florida; thence run
along the North line of said Lot 75. S89'11 '25"E. 70.00 feet; thence run along the
East line of said Lot 75. SOO.02'26"W, 6.00 feet; thence run S8T56'44"W, 70.04 feet
to a point on the West line of said Lot 75; thence run along said West line NOO'02'26"E.
9.50 feet to the P.O.B. '
Containing ~42.45 s.f.
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NW Cor Lot 75
P.O.B.
STEVENSON'S CREEK
587"56' 44"W
75
NOTE: This is not 0 survey'
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EXHIBIT" A"
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