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CLEARWATER MALL INCORPORATED (2) ...t-..... - I l. I I AGREEMENT THIS AGREEMENT made and entered into this / .Fd' day of /)b~~ A. D. 1974, by and between CITY OF CLEARWATER, - FLORIDA, a municipal corporation, hereinafter referred to as I'City", and CLEARWATER MALL, INC., a Florida corporation, hereinafter referred to as 'IMall1'; WITNESSETH: WHEREAS, the City of Clearwater owns the following described property situate, lying and being in Pinellas County, Florida, to wit: Begin at the NW corner of the NE 1/4 of the SW 1/4 of Section 17, Township 29 South, Range 16 East, and run thence N 89046'0111 E along the East-West centerline of said Section 17, 415.0 feet; thence S 0021'26" W, 50.0 feet to the South right-of-way line of S. R. 60 (Gulf to Bay Blvd. ); thence continue S 0021'2611 W, 469.02 feet for the P. O. B.; run thence N 8900215911 E, 192.98 feet; thence run S 690 41'36'1 W, 206.24 feet; thence run N 0021'26" E, 70.79 feet to the P. O. B. ; containing 6,830. 15 square feet or O. 16 acres more or less; and WHEREAS, the Mall owns the following described property situate, lying and being in Pinellas County, Florida, to wit: Begin at the NW corner of the NE 1/4 of the SW 1/4 of Section 17, Township 29 South, Range 16 East and run thence N 89046'01" E along the East-West centerline of Section 17, 796.80 feet; thence run S 0021'26'1 W, 50.0 feet to the NW corner of Lot 2 of Resub. of Baskins Replat as recorded in Plat Book 24, page 42 of the Public Records of Pinellas County, Florida; thence run S 0013'59" E, 398.23 feet for the P. O. B.; thence continue S 0013'59" E, 70.79 feet; thence run S 89002159" W, 192. 98 feet; thence run N 69041' 36" E, 206. 14 feet to the P. O. B. ; containing 6,830. 15 square feet or O. 16 acres more or less; and WHEREAS, the City desires to trade its parcel for the parcel owned by the Mall in order to square the rear of the parcel upon which Fire Station No. 5 is located which will make the City property more usable by the Fire Department for their proposed training area; and WHEREAS, the Mall is agreeable to such a trade and proposes to provide in addition thereto certain drainage pipe and the costs involved in such a transaction; -1- i'l ) /\ ,J",! ~ 'I :" }\ ;- ,,~,,"" "; .... /6 .....',..... " ... I I NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, and other valuable considerations passing between the parties hereto, the parties hereto mutually agree as follows: 1. The City agrees to convey by fee simple deed, free and clear of all encumbrances, the parcel now owned by it, described above, to the Mall. 2. The Mall agrees to convey by warranty deed, free and clear of all encumbrances, the parcel now owned by it, described above, to the City. 3. The Mall shall pay all taxes on the two parcels which may be due and shall pay the cost of documentary tax stamps on both deeds of conveyance and shall pay the cost of recording both deeds. 4. The Mall further agrees to provide at its cost the drainage pipe to pipe that portion of the drainage ditch within the property being traded to the City. The City shall perform the work required to install the pipe either with its own crews or will contract for such installation if its equipment is too small to handle the pipe. 5. Possession will be given on each parcel on the date of closing which, subject to the provisions of this agreement, shall be on or before sixty days from the date of this agreement. 6. The Mall agrees, at its expense, to furnish Committments for Title Insurance from a reputable title company authorized to do busines s in Florida, on both parcels of real property, within fifteen (15) days after execution of this agreement and, thereafter to pay for both Owner's Title Policies in the face amount of $9,900.00 for each parcel. In the event said Commitments for Title Insurance indicate~that the title to both of said parcels of property are merchantable and free and clear of liens and encumbrances except as herein otherwise provided, this transaction shall be thereafter completed as herein provided. In the event either Commitment shall indicate otherwise, such party -2- ". "..,.. , I shall have a period of sixty (60) days after notification thereof within which to cure defects in title and this transaction shall be closed within ten (10) days after notice of such curing to the other party. 7. Time is of the essence of this agreement and all covenants and agreements herein contained shall extend to and be obligatory upon the heirs, personal representatives, successors and assigns of the respective parties. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed the day and year first above written. Approved as to fo & ~7:aA~- City Attorney By CITY WITNESSES: /L~~ , !!dt; c~ As to Ci~ CLEARWATER MALL, INC. ~j." -~~~ President ~. -- ~~t As to Mall ~;;;J~~ Secretary - 3 - I Agenda No. /3 A) M~EM'.ORAN DU rfI TO: - I The City Commission of the City of Clearwater su BJ ECT: Swap of Land at Fire Station #5 RECOMMENDATION: That the City swap O. 16 acres of land triangular in shape and shown as # 1 on the attached map for a triangular shaped piece of land O. 16 acres in size shown as #2 on the attached map. SAC K G RO UN D: The attached diagram shows the south portion of the land owned by the City at Fire Station #5 site. The south boundary of the property follows a natural drainage ditch that is approximately 10 to 15 feet wide. The City desires to make the above swap of land to square the back of its property. This will also make the south portion of the City property much more usable by the Fire Department for their pro- posed training area. The Blackburn Brothers own the triangular shaped piece of land shown as #2 on the attached map and they have agreed, in addition to the proposed swap, to provide at their cost the drainage pipe to pipe that portion of the drainage ditch within the. property being swapped to the City. The value of pipe alone is approximately $8476. City crews w()uld perform the work re- quired to install the pipe. The piping of the ditch further enhances the value of the property in that it enlarges the usable area of the property. The Blackburns will also bear the co st of tax stamps, recording of deeds and title insurance involved. Chief Pitts and Max Battle, City Engineer, concur in this recommendation. I i NOT ES: If City equipment is too small to handle the pipe it will be necessary to contract for equipment of proper size to install the pipe. Advertised: Dote: Paper: l( Not Required Submitted by: ..(). ..:;-.(J "1 ,'.....;i r 1!1.(/ i) J J City Manager ~Affected Parties Notified of Meeting o Not Required Costs: None Anticipated Source: Appropriation Code: Follow Up Action: o City Manager o City Attorney o City Clerk o City Mona<;ler Fi Ie o Other Commission Disposition: o Approved o Received as Information o Other (Describe) Dote of Di sposition: AN Expenditure Auth. o OperatingBud<;let Cl Capitol Improve- ment Budget o Special Com- mission Action Ref. a Requested ,btAttachments: Diagram o None Date Submitted a Sequentia I Reference 7'itJJ'/~ -.;) if .Nr, / TJ~'" -~.. ) I I i , , ti (;--. r,'- A, ,~ ----1# .5"" F /Iq ~~ S r/-17~9~ I "]3,. 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