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WAGI DIVISION OF WAGENVOORD ADVERTISING GROUP ~i-C~ ~, " . . Page I ()f~ CITY OF CLEARWATER PURCHASE AGREEMENT CITY OF CLEARWATER Memorial Causeway Bridge Replacement FPN: 257093-1-32-01 PROJECT: 15220-1599 PARCEL: 101 THIS AGREEMENT is made by and between: WAGI. a Division of Waaenvoord Advertisina Grouo. Incorporated hereinafter referred to as SELLER and the CITY OF CLEARWATER, hereinafter referred to as PURCHASER. 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)[X] Real estate or interest therein, identified as parcel 1 01 and attached leaal descriotion. [X] Fee Simple [] Permanent Easement (Section II I. (b) does not apply) [] Temporary Construction Easement (Sections III.(b), II I (c) and III(d) do not apply) [] Leasehold interest (Sections III. (b & c) do not apply) (b)[] Personal property identified as follows: (c)[ ]. Outdoor Advertising structure identified by permit number: (Sections HI (b & c) do not apply) (b) (c) Amount to be paid by PURCHASER to SELLER upon surrender of possession. Itemized purchase price, fees and costs Land and Improvements Damages (Severance/Cost-to-Cure) Business Damages Attorney Fees Appraiser Fees ODA Structure Other None (Specify) $ 100.000.00 $ 250.000.00' $ 250.000.00 $0 $0 $0 $0 $0 TOTAL PURCHASE PRICE INCLUDING FEES AND COSTS $ 500.000.00 III. CONDITIONS AND LIMITATIONS (a) It is matually understood that this Purchase Agreement is executed by PURCHASER subject to approval of the Clearwater City CCluncil and as required by Section 119.07, Florida Statutes. Final acceptance shall denote final approval of the purchase pnce and all terms and conditions contained in this Purchase Agreement and constitutes the effective date of this agreement. A closing on this contract shall not be transacted prior to final acceptance. Notice of final acceptance shall be evidenced by the signature of the Purchaser in Section VII herein and delivery to SELLER not sooner than 30 days from the date of the negotiator's signature in Section VI. (b) SELLER is responsible for all taxes due and owing on the property as of the date of closing. [X] SELLER agrees that all current taxes for the year in which this agreement is made on the property acquired shall be prorated and SELLER agrees to pay his and/or her share of said prorated taxes as of the date of closing. [] SELLER agrees to pay all taxes for the current year. ( c) SELLER is responsible for delivering unencumbered title to PURCHASER at closing. Any sums which PURCHASER must expend to clear encumbrances shall be deducted at closing from the purchase price shown in Section II. . ,I ~ f.. II . / j ',0 /q - (),.' -:" . SELLER does hereby agree to grant Right of Entry for Asbestos Survey ami Right of Entry on the remainder property to demolish the commercial building remnants on SELLER's property. These right of entry's are attached hereto as Exhibit C and D. SELLER retains all fixtures and equipment from the subject radio station/commercial building. Any fixtures or personal property that remains after surrender of possession of the property and building will be considered abandoned and will be removed by PURCHASER with no further claim for payment or possession of such fIxtures and personal property by SELLER. SELLER agrees to remove and dispose of any known hazardous materials on site at SELLER EXPENSE. Acknowledged this /0"1 day of Oclober ,2000. . SELLER: ~ r~/JV-7 ~:;:::Signature . . () Date IO/1()/~ ~A-(/ If} (M,A- 6 ~v~ Name (Please Print) " VJrrG[{: ~~~ vr' Date (Dvolr- PURCHASER: CI DATE: /0-/0, DO t..,p~ Wa.(?{> "vc/~~~::> Name (Please P;:int) ~W~D~ By: Wi 11 i::lm R Hnrne,' II Title: Interim r.i ry M::In::lg<>r Counmter . ned /I ! q /00 , , Date 'lq 100 D te I By: Br an Aungst Ti~C~ Bv~. Cynth;a . oude~u Titll.' y l,; er / ///3/tJO Da{e I Assistant FORM AN9:=l~BI=FV 11";~r D te !#l EXHIBIT A SECTION 15220-2599 STATE ROAD 60 PlNELLAS COUNTY DESCRIPTION PARCEL 101 A parcel ofland lying in Section ]6, Township 29 South, Range ]5 East, Pinellas County F]orida, being more particularly described as follows: COMMENCE at the most easterly point of Pierce ]00 Condominium recorded in Condominium Plat Book ] 9, page 98 of the Public Records of Pinellas County, F]orida, said point lying on the westerly right of way line of Pierce Boulevard, lying S 89-23'46" W, 92.86 feet from survey center line station 50+79.88 of State Road 60 per State Project Number ]5220-2599, also being a point of curvature with a nontangent curve concave northeasterly; thence along the arc of said curve to the left, having a radius of 224.63 feet, a central angle of 08 57' 27", the chord for which bears S 49 5]' 35" E, a chord distance of35.08 feet, an arc distance of35.12 feet to the end of said curve, said point being the POINT OF BEGINNING and a point of compound curvature with a curve concave northeasterly and lying S 62-38'23" W, 69.42 feet from survey center line station 50+89.28 of State Road 60 per State Project 15220-2599; thence along said curve to the left having a radius of224.63 feet, a central angle of]5 38' 33", the chord for which bears S 62 9' 35" E, a chord distance of 61.14 feet, an arc distance of 61.33 feet to the end of said curve, said point lying S 89 45' 13" W, 39.30 feet from survey center line station 50+21.]5 of State Road 60 per State Project Number ]5220-2599; thence departing aforesaid westerly right of way line, S 89-45']3" W, 53.56 feet; thence N 15-18'59" W, 0.90 feet; thence N 74-4]'0]" F, 7.12 feet: thence N ] 5-19'02" W, 26.99 feet to the POINT OF BEGINNING. Said lands containing 593 square feet more or less. AND A parcel ofland lying in Section 16, Township 29 South, Range 15 East, Pinellas County Florida, being more particularly described as follows: COMMENCE at the most easterly point of Pierce 100 Condominium recorded in Condominium Plat Book 19, page 98 of the Public Records of Pinellas County, Florida, said point lying on the westerly right of way line_of Pierce Boulevard, lying S 8923' 46" W, 92.86 feet from survey center line station 50+79.88 of State Road 60 per State Project Number 15220-2599, also being a point of curvature with a nontangent curve concave northeasterly; thence along the arc of said curve to the left, having a radius of 224.63 feet, a central angle of 02-24'17", the chord for which bears S 4634'59" E, a chord distance of 9.43 feet, an arc distance of 9.43 feet to the end of said curve, said point lying S 6441' 14" W. 80.16 feet from survey center line station 51+09.93 of State Road 60 per State Project 15220-2599, said point also being the POINT OF BEGINNING and a point of compound curvature ,..-ith a curve concave northeasterly; thence along said curve to the left having a radius of 224.63 feet, a central angle of 06 33' 11", the chord for which bears S 5103' 43" E. a chord distance of 25.68 feet, an arc distance of 25.69 feet to the end of said curve; thence departing aforesaid westerly right of way line, S 15 19' 02" E, 26.99 feet; thence S 7441' 01" W, 7.12 feet: thence S 15 18' 59" W. 0.90feet; thence S 89-45']3" W, 71.09 feet to a point of curvature with a nontangent curve concave southerly; thence along the arc of said curve to the right, having a radius of 75.00 feet, a central angle of 15-34' 37", the chord for which bears N 66 53' 42" E, a chord ~Ilot "l " distance of 20.33feet, an arc distance of 20.39 feet, to a point of compound curvature with a curve concave southerly: thence along the arc of said curve to the right, having a radius of 70.33 feet a central angle of29-51' 14", the chord for which bears N 89-36'37" E, a chord distance of 36.23feet an arc distance of 36.65 feet to the end of said curve: thence N 74 41' 01" E, 5.62 feet: thence N 15 19' 01" w, 36.83 feet to the POINT OF BEGINNING. Said lands containing 1041 square feet, more or less. "."'l'l EXHIBIT B The South one-half of that portion of Pierce Street in the City of Clearwater, Florida, which was vacated by the City Commission of the City of Clearwater by resolution dated the 28th day of July, 1952 which property is more particularly described From SW cor ofint of Pierce St & Osceola Ave run W 740 ft(S) for POB cont W 187.93 ft th N 20 ft th E 188 ft th S 20 ft to POB which property is more particu 1 arly described From the Southeast corner of Block "A" of John R. Davey Subdivision as recorded in Plat Book 1, Page 87, of the Public Records of Hills borough County, Florida, of which Pinellas County was formerly a part, run thence West 937 feet along the Southerly line of said Block to a point on the middle of concrete seawall; thence South 03 deg. 33' W., 20.03 feet along said concrete seawall to the Point of Beginning; continue thence S. 03 deg. 33' W. 20.03 feet along said concrete wall thence N. 89 deg. 23'52" E. 189.38 feet alonga line parallel to the South line of said Block "A"; thence N. 0 deg. 36'08" W. 20.00 feet to a point on the Southerly R/W line of Pierce Boulevard; thence S. 89 deg. 23'52" W., 187.93 feet along a line parallel to the South line of said Block "A" to the Point of Beginning. LESS: A parcel of land lying in Section 16, Township 29 South, Range 15 East, Pinellas County Florida, being more particularly described as follows: COMMENCE at the most easterly point of Pierce 100 Condominium recorded in Condominium Plat Book 19, page 98 of the Public Records of Pine lias County, Florida, said point lying on the westerly right of way line of Pierce Boulevard, lying S 8923'46" W, 92.86 feet from survey center line station 50+79.88 of State Road 60 per State Project Number 15220-2599, also being a point of curvature with a nontangent curve concave northeasterly; thence along the arc of said curve to the left, having a radius of224.63 feet, a central angle of24 36' 01", the chord for which bears S 5740' 51 "E. a chord distance of95.71 feet, an arc distance of 96.45 feet to the end of said curve and the POINT OF BEGINNING, said point lying S 8945'13" W, 39.30 feet from survey center line station 50+21.15 of State Road 60 per State Project 15220-2599; thence S 00 14' 47" E, along the westerly right of way line of Pierce Boulevard, 20.00 feet to a point lying S 8945' 13" W, 48.60 feet from survey center line station 49+99.10 of State Road 60 per State Project 15220-2599: thence departing said westerly right of way line S 8945'13" W, 126.64 feet to the beginning ofa nontangent curve concave southeasterly; thence along the arc of said curve to the right, having a radius of 60.00 feet, a central angle of 27 0 I' 18", the chord for which bears N 61 10' 22" E, a chord distance of 28.04 feet, an arc distance of28.30 feet to a point of compound curvature with a curve concave southeasterly; thence along the arc of said curve to the right, having a radius of ..... :,' ~\ ',.. ," ~ 55.33 feet, a central angle of 3345' 53", the chord for which bears S 8826' 03" E, a chord distance of 32.14 feet, an arc distance of 32.61 feet to the end of said curve: thence N 74 4]' 01" E, 17.75 feet; thence N 15 18' 59" W, 3.10 feet to a point lying S 8945' 13" W, 92.87 feet from s~lrvey center line station 50+21.15 of State Road 60 per State Project Number 15220-2599; thence N 8945' 13" E, 53.56 feet to the POINT OF BEGINNING. Said lands containing 1971 square feet, more or less. AND A parcel ofland lying in Section ]6, Township 29 South, Range 15 East, Pinellas County Florida, being more particularly described as follows: COMMENCE at the most easterly point of Pierce 100 Condominium recorded in Condominium Plat Book 19, page 98 of the Public Records of Pin ell as County, Florida, said point lying on the westerly right of way line of Pierce Boulevard, lying 58923' 46" W, 92.86 feet from survey center line station 50+79.88 'of State Road 60 per State Project Number 15220-2599, also being a point of curvature with a nontangent curve concave northeasterly: thence along the arc of said curve to the left, having a radius of224.63 feet, a central angle of24 36' 01", the chord for which bears S 5740' 51" E, a chord distance of95.71 feet, anarc distance of 96.45 feet to the end of said curve, said point lying S 8945' 13" W, 39.30 feet from survey center line station 50+21.15 of State Road 60 per State Project 15220-2599; thence S 00 ]4'47" E, along the westerly right of way line of Pierce Boulevard, 20.00 feet to a point lying S 8945' 13" W, 48.60 feet from survey center line station 49+99.10 of State Road 60 per State Project 15220-2599; thence departing said westerly right of way line S 8945'13" W, 126.64 feet to the POINT OF BEGINNING: thence continue S 89 45' 13" W, 20.13 feet to the beginning of a nontangent curve concave southeasterly: thence along the arc of said curve to the right, having a radius of75.00 feet a central angle of22 56' 10", the chord for which bears N 4738'19" E, a chord distance of29.82 feet, an arc distance of30.02 feet to the end of said curve: thence N 8945' 13" E, 71.10 feet: thence S 15 18'59" E, 3.10 feet: thence S 74 41' 0]" W, 17.75 feet to the beginning of a nontangent curve concave southerly; thence along the arc of said curve to the left, having a radius of 55 .33 feet, a central angle of 33 45' 53", the chord for which bears N 88 26' 03" W, a chord distance of32.14 feet, an arc distance of32.61 feet to a point of compound curvature with a curve concave southeasterly: thence along the arc of said curve to the left, having a radius of 60.00 feet, a central angle of 27 01' 18", the chord for which bears S 61 10' 22" W, a chord distance of28.04 f~et, an arc distance of28.30 feet to the end of said curve and the POINT OF BEGINNING. Said lands containing 774 square feet, more or less. FOR ROAD RIGHT OF WAY FOR PROJECT 15220-2599/15220-1599 AND FPN NO. 257093-1-32-01.