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LORETTA CLOW (2) _'.:, ~"II I I PURCHASE AGREEMENT Parcel No.: 76 Project: Stevenson Creek THIS AGREEMENT is made between Loretta D. Clow. a widow ,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 Heights First Addition. Lot 76 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: N/A $ 750.00 $ 0.00 (c) Estimated transaction costs to be paid by PURCHASER $ 48.00 TOTAL PURCHASE PRICE INCLUDING COSTS ....... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 798.00 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. Page 1 of 2 /1 / ~O / It - "J ,;~) 7 ,. A L- (;2~ . ~ '.. I I 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. VI. There [ ] is [X] is not an addendum to this agreement. ~~ERE~~'9~'!ZCELLER has caused Ihese presents to be executed this ,;? ,;z SELLER: day of ~y-~ ~~.~ WITNESS Loretta D. Clow /J;/~~ WITNESS VII. ACCEPTANCE BY THE CITY OF CLEARWATER IN~. NESS WHEREOF, the ~ of Clearwater has caused these presents to be accepted this d1 day of r 1 J ,0J\~, 199.:.,L ("Acceptance Date"). CITY OF CLEARWATER, FLORIDA A mikfJO IJJLJ();fL) WITNESS Elizabeth By: '" Page 2 of 2 ~ ", i 'J .. \ -I---~--_.~~- . . I LEGAL DESCRIPTION Begin at the Northwest corner of Lot 76, Sirmons Heights First Addition, os recorded in Plot Book 26, Page 59, of the Public Records of Pinellas County, Florida; thence run along the North line of said Lot 76, S89'11 '25"E, 70.00 feet; thence run along the East line of said Lot 76, SOO'02'26"W, 9.50 feet; thence run S8T32"3"W, 70.06 feet to a point on the West line of said Lot 76; thence run along said West line NOO'02'26"E, 13.50 feet to the P.O.B. Containing 804.93 s.t. '- NW Cor '.ot 76 P.O.8. STEVENSON'S CREEK S8T32'13"W 76 JEFFORDS ST NOTE: This is not 0 survey' EXHIBIT" A" ~ '0 i.o tf) N O'>N 9 o o V1 J . , Novo 6/7/95 90576LOT.dwg