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Agenda 04/13/2010 Item #16B 7 Agenda Item No. 16B7 April 13, 2010 Page 1 of 17 EXECUTIVE SUMMARY Recommendation to ratify termination of the January 26, 2010 Purchase Agreement (for Stormwater Retention Pond Sites) between Mar Investments LLC and Collier County for the purchase of two parcels containing a total of 1.476 acres of commercially zoned property located on the northwest corner of Tamiami Trail East (US-41) and Collier Boulevard (CR-951) considered for construction of a storm water detention and treatment pond site in connection with the Collier Boulevard/US-41 Overpass Project No. 60116. (No fiscal impact associated with this item.) OBJECTIVE: To obtain ratification of termination of the Purchase Agreement, dated January 26,2010, between Collier County and MAR Investments LLC (the "Purchase Agreement") for the purchase of 1.476 acres of commercially zoned property located on the northwest comer of Tamiami Trail East (US-4 I) and Collier Boulevard (CR-95I ). CONSIDERATIONS: The Purchase Agreement approved by the Board of County Commissioners on January 26, 2010 as Agenda Item No. JOC provided for the County's termination of the agreement in the event the fee simple title to the property was encumbered by exceptions that made it unmarketable to Collier County for the intended purposes of road right- of-way and possible construction of a stormwater detention and treatment pond site. The Purchase Agreement also contained specific timeframes for MAR Investments LLC (Seller) to remedy all such objectionable title exceptions and for Collier County to exercise its right to terminate the Purchase Agreement in the event Seller's remedy was not timely. Pursuant to the terms of the Purchase Agreement. Seller was notified on February 10, 20JO of the County's objection to: (I) all or any portion of the easements granted to Florida Power & Light Company by instruments filed in OR Book 34, Page 91, and OR Book 926, Page 781, that are in conflict with Collier County Project #60116 improvements being developed for that area; and (2) Grantor's Reservation of Access appearing in Paragraph 5 of the Special Warranty Deed recorded at OR Book 4117, Page 1702, of the public records of Collier County, Florida. After consulting with the County Attorney's Office regarding the last possible date for Collier County to terminate the Purchase Agreement, Seller was given the maximum time allowable under the terms of the Purchase Agreement to remedy the title objections and still preserve the County's right to terminate the agreement. The Seller, having failed to timely remedy the title objections, was notified on March 19, 201 0 by certified mail, electronic mail and fax that the County was terminating the Agreement. FISCAL IMPACT: No fiscal impact associated with this item. GROWTH MANAGEMENT IMPACT: There is no grow1h management impact associated with this Executive Summary. Agenda Item No. 16B7 April 13, 2010 Page 2 of 17 LEGAL CONSIDERATIONS: Termination notice was provided to the Seller on the last date possible while still protecting the county's interests. There was insufficient time within the seven (7) day window provided for in the contract to obtain Board approval prior to termination. This item is sufficient for Board action. STW RECOMMENDATION: That the Board of County Commissioners ratify Notice of termination mailed March 19,2010, pursuant to Paragraph 6 of the Purchase Agreement entered into between Mar Investments, LLC and Collier County, on January 26,2010. Prepared by: Kevin Hendricks, TECM Right-of-Way Acquisition Manager Attachments: (1) Purchase Agreement dated January 26,2010; (2) March 19, 2010 Termination letter executed by Steven T. Williams, Assistant County Attorney Item Number: Item Summary: Meeting Date: Agenda Item No. 16B7 April 13, 2010 Page 3 of 17 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS 16B7 Recommendation to ratify termination of the January 26, 2010 Purchase Agreement (for Stormwater Retention Pond Sites) between Mar Investments LLC and Collier County for the purchase of two parceis containing a total of 1476 acres of commercially zoned property located on the northwest corner ofTamiami Trail East (US-41) and Collier Boulevard (CR- 951) considered for construction of a stormwater detention and treatment pond site in connection with the Collier BoulevardlUS-41 Overpass Project No. 60116. (No fiscal impact associated with this item) 4113120109:00:00 AM Date Prepared By Kevin Hendricks Transportation Division Manager M Right of Way Transportation Engineering & Construction Management 3/26/201010:16:30 AM Kevin Hendricks Date Approved By Transportation Division Manager. Right of Way Transportation Engineering & Construction Management 3126/201010:17 AM Date Approved By Najeh Ahmad Transportation Division Director. Transportation Engineering Transportation Engineering & Construction Management 312612010 12:45 PM Date Approved By Lisa Taylor Transportation Division Management/Budget Analyst Transportation Administration 3/26/2010 12:53 PM Date Approved By Norm E. Feder, AICP Transportation Division Administrator - Transportation Transportation Administration 3/26/2010 1 :23 PM Date Approved By Steven Williams County Attorney Assistant County Attorney County Attorney 3/29/201010:28 AM Date Approved By Pat Lehnhard Transportation Division Executive Secretary Transportation Administration 3/29/201010:31 AM Date Approved By OMB Coordinator Agenda Item No. 16B7 April 13, 2010 Page 4 of 17 County Manager's Office Office of Management & Budget 3/29/2010 12: 17 PM Approved By Jeff Klatzkow County Attorney Date 3/30/20109:05 AM Approved By Michael Sheffield Assistant to the County Manager Date County Managers Office 4/6/2010 11 :49 AM Agenda Item No. 1687 April 13, 2010 Page 5 of 17 PROJECT: COLLIER BLVD/US-41 OVERPASS PROJECT #60116 PARCEL: 101FEE FOLIO NO.: 00724680007 & 34520003003 PURCHASE AGREEMENT (for Stormwater Retention Pond Sijes) THIS PURCHASE AGREEMENT is made and entered into on this ~ day of Jenllery , 20 1Jl, by and between MAR INVESTMENTS LLC, a Florida Limited Liability Company, whose mailing address is 14810 Griffin Rd., Davie, Florida 33331 (hereinafter referred to as "Seller'), and COLLIER COUNTY, a political subdivision of the State of Florida, whose mailing address is 3301 Tamiami Trail East, Naples, Florida 34112, (hereinafter referred to as 'Purchaser'). WHEREAS, Seller owns that certain property more particularly described as Exhibit 'A' which is incorporated herein by reference. together with all structures and improvements, (hereinafter referred to as "Property"); and WHEREAS, Purchaser requires the Property for stormwater retention purposes as part of the Collier Boulevard/US-41 Overpass Project; and WHEREAS, Seller has agreed to sell and Purchaser has agreed to buy the Property subject to the terms and conditions that follow. NOW THEREFORE, in consideration of these premises, the sum of Ten Dollars ($10.00), and other good and valuable consideration, the receipt and sufficiency of which is hereby mutually acknowledged, it is agreed by and between the parties as follows: 1. AGREEMENT In consideration of the purchase price and upon the terms and conditions hereinafter set forth, Seller shall sell to Purchaser and Purchaser shall purchase from Seller the Property. This property is being acquired under the threat of condemnation. 2. PURCHASE PRICE The purchase price (the "Purchase Price') for the Property shall be $2,125,000 (U.S. Currency) payable at time of closing to the Trust Account of The Law Office of Brian P. Patchen, C/O Brian P. Patchen, Esquire, 1000 Brickell Avenue, Suite 1112, Miami, FL 33131-3014. The Purchase Price. subject to the apportionment and distribution of proceeds pursuant to Paragraph 3D of this Agreement, shall be full compensation for the Property conveyed, including all landscaping, trees, shrubs, improvements, and fixtures located thereon. and shall be in full and final settlement of any and all claims against the Purchaser. None of this Purchase Price Is attributed to any personal property. Purchaser shall also pay the aggregate amount of $28,505 (U.S. Currency) to the Trust Account of The Law Office of Brian P. Patchen, C/O Brian P. Patchen, Esquire, said amount representing $25,000 due the law firm of Brian P. Patchen; $1,005 due the firm of Carroll & Carroll, Inc.; $1.575 due the firm of JMD Engineering Inc. and $925 due the firm of Kiusza & Goding, Inc. 3.~ A. TIME IS OF THE ESSENCE. Therefore, the Closing (THE 'CLOSING DATE", 'DATE OF CLOSING". OR 'CLOSING') of the transaction shall be held on or before one hundred twenty (120) days following execution of this Agreement by the Purchaser but not iater than April 30, 2009 unless extended by mutual written agreement of the parties hereto. The Closing shall be held at the Collier County Attorney's Office, Administration Building, 3301 Tamiami Trail East. Naples, Agenda Item No. 16B7 April 13, 2010 Florida. Purchaser shall be entitled to possession as of Closing, unless otherwise Page 6 of 17 provided herein. B. Seller shall convey a marketable title free of any liens, encumbrances. exceptions, or qualifications. Marketable title shall be determined according to applicable title standards adopted by the Florida Bar and in accordance with law. At or before the Closing, the Seller shall cause to be delivered to the Purchaser the items specified herein and the following documents and instruments duly executed and acknowledged, in recordable form: 1. General Warranty Deed in favor of Purchaser conveying title to the Property, free and clear of all liens and encumbrances other than: (a) The lien for current taxes and assessments. (b) Such other easements, restrictions or conditions of record. 2. Combined Purchaser-Seller closing statement. 3. A "Grantor's Non-Foreign, Taxpayer Identification & "Gap" Affidavit" as required by Section 1445 of the Internal Revenue Code and as required by the title insurance underwriter in order to insure the "gap" and issue the policy contemplated by the title insurance commitment. 4. A W-9 Form, "Request for Taxpayer Identification and Certification" as required by the Internal Revenue Service. 5. Public Disclosure Act Disclosure Affidavit. 6. Such evidence of authority and capacity of Seller and its representatives to execute and deliver this Agreement and all other documents required to consummate this transaction, as reasonably determined by Purchaser's counsel and/or title company. C. At the Closing, the Purchaser, or its assignee, shall cause to be delivered to the Seller the following: 1. A negotiable instrument in an amount equal to Net Cash to Seller on the Closing Statement. No funds shall be disbursed to Seller until the Title Company verifies that the state of the title to the Property has not changed adversely since the date of the last endorsement to the commitment, referenced in Section 6 'Requirements and Conditions for Closing" below, and the Title Company is irrevocably committed to pay the Purchase Price to Seller and to issue the Owner's title policy to Purchaser in accordance with the commitment immediately after the recording of the deed. 2. Funds payable to the Seller representing the Purchase Price shall be subject to adjustments and pro-rations as hereinafter set forth. D. Purchaser shall pay all fees to record any curative instruments required to clear title, and all Warranty Deed recording fees. In addition, Purchaser may elect to pay reasonable processing fees required by mortgagees in connection with the execution and delivery of a Release or Subordination of any mortgage, lien or other encumbrance recorded against the Property; provided, however, that any apportionment and distribution of the full compensation amount in Section 2 which may be required by any mortgagee, lien-holder or other encumbrance-holder for the protection of its security interest, or as consideration due to any diminution in the vaiue of its property right, shall be the responsibility of the Seller, and shall be deducted on the Closing Statement from the compensation payable to the Seller per Section 2. Page No_ 2 Agenda Item No. 16B7 April 13, 2010 E. Seller, at its sole cost and expense, shall pay at Closing all documentary Page 7 of 17 stamp taxes due upon the recording of the General Warranty Deed, in accordance with Chapter 201, Florida Statutes, unless the Property Is acquired under threat of condemnation. The cost of a Title Commitment shall be paid by Purchaser along with the cost of an Owner's Form B TiHe Policy. issued pursuant to the Commitment provided for in Section 8, "Requirements and Conditions" (below). F. Real Property taxes shall be prorated based on the current year's tax and paid by Seller. If Closing occurs at a date upon which the current year's millage is not fixed, taxes will be prorated based upon the prior year's millage. 4. INSPECTIONS A. Insoection Period. Purchaser shall have 60 days from the Effective Date (Inspection Period) to determine through appropriate investigation and inspection that the Property is in compliance with all applicable State and Federal environmental iaws and free of any Hazardous Materials. Upon reasonable notice, Seller will provide Purchaser, and its agents, with access to the Property for purposes of surveying. soil borings, site Inspection and analysis. B. Election and Resoonse. If Purchaser is not satisfied, for any reason, with the results of this Investigation, Purchaser may elect to terminate this Agreement, without penalty, by giving written notice of Its intent to terminate prior to expiration of the Inspection Period. Purchaser may eiect to suspend its Notice of Termination if Seller notifies Purchaser in writing within ten (10) days thereafter that Seller agrees to promptly carry out. at its sole expense. all further investigations and remediation of the Property as necessary to make the Property acceptable to Purchaser (hereinafter "Remedial Action") within a time period acceptable to Purchaser. As a condition precedent for suspension of the Notice of Termination, the parties shall agree to the specific term of such suspension and what will render the Property acceptable to Purchaser. C. "Hazardous Materials" means any substance: (1) the presence of which requires investigation. remediation, or is, or becomes regulated under any federal, state, or local law, regulation, order or policy; or (2) which is or becomes defined as a hazardous substance, pollutant or contaminant under federal, state or local law or regulation; or (3) which is toxic, explosive, corrosive, fiammable. infectious, radioactive, carcinogenic, mutagenic or otherwise hazardous, or threatens the health or safety of persons on or about the Property, and is being regulated by any governmental authority in the state of Florida. D. If Purchaser does not have the Property inspected, or fails to do so within the Inspection Period, or fails to notify Seller of its intent to terminate, Purchaser shall be deemed to have accepted the Property in the condition it existed on the Effective Date. 5. RISK OF LOSS Seller shall maintain the Property in the condition existing on the Effective Date until Closing or date of Purchaser's possession, whichever is later, except for any Remedial Action agreed to by Seller under Section 4B above. Any future loss and/or damage to the Property between the Effective Date and the Closing or date of Purchaser's possession, whichever is earlier, shall be at Seller's sole risk and expense. 6. REQUIREMENTS AND CONDITIONS FOR CLOSING Upon execution of this Agreement by both parties or at such other time as speCified within this Section. Purchaser and/or Seller, as the case may be, shall perform the following within the times stated, which shall be conditions precedent to the Closing: A. Within fifteen (15) days after the date hereof, Seller shall provide Purchaser with a copy of any existing prior title insurance policies. Whereupon, within fifteen Page NO.3 Agenda Item No. 16B7 April 13, 2010 Page 8 of 17 (15) days of the receipt thereof, Purchaser shall obtain as evidence of title an AL TA Commitment for an Owner's Title Insurance Policy (AL TA Form B-1970) covering the Property, together with hard copies of all exceptions shown thereon. Purchaser shall have thirty (30) days, following receipt of the title insurance commitment, to notify Seller in wrting of any objection to title other than liens evidencing monetary obligations. if any, which obligations shall be paid at closing. If the title commitment contains exceptions that make the title unmarketable, Purchaser shall deliver to the Seller written notice of its intention to waive the applicable contingencies or to terminate this Agreement. B. If Purchaser shall fail to advise the Seller in writing of any such objections In Seller's title in the manner herein required by this Agreement, the title shall be deemed acceptable. Upon notification of Purchaser's objection to title, Seller shall have thirty (30) days to remedy any defects in order to convey good and marketable title, except for liens or monetary obligations which will be satisfied at Closing. Seller, at its sole expense, shall use its best efforts to make such title good and marketable. In the event Seller is unable to cure said objections within said lime period, Purchaser, by providing written notice to Seller within seven (7) days after expiration of said thirty (30) day period, may accept title as It then is, waiving any objection, or may terminate the Agreement. C. Seller agrees to furnish any existing surveys of the Property in Seller's possession to Purchaser within 10 (ten) days of the Effective Date of this Agreement. Purchaser shall have the option, at ITS own expense. to obtain a current survey of the Property prepared by a surveyor licensed by the State of Florida. No adjustments to the Purchase Price shali be made based upon any change to the total acreage referenced in Exhibit "A" to this Agreement, unless the difference in acreage revealed by survey exceeds 5% of the overall acreage of 64,301 square feet (Exhibit "A"), in which case the purchase price shall be adjusted up or down as appropriate at the rate of $30.00 per square foot. If the survey provided by Seller or obtained by Purchaser, as certified by a registered Florida surveyor, shows: (a) an encroachment onto the property; or (b) that an improvement located on the Property projects onto lands of others, or (c) lack of legal access to a public roadway, the Purchaser shall notify the Seller in writing, within Sixty (60) days from the Effective Date of this Agreement, of such encroachment, projection, or iack of legal access, and Seller shall have the option of curing said encroachment or projection, or obtaining legal access to the Property from a pubiic roadway. Should Seller elect not to or be unable to remove the encroachment, projection, or provide legal access to the property within sixty (60) days, Purchaser may accept the Property as it then is, waiving any objection to the encroachment, or projection, or lack of legal access, or Purchaser may terminate the Agreement, by providing written notice to Seller within seven (7) days after expiration of said sixty (60) day period. A failure by Purchaser to give such written notice of termination within the time period prOVided herein shall be deemed an eiection by Purchaser to accept the Property with the encroachment, or projection, or lack of legal access. 7. TERMINATION AND REMEDIES A. If Seller shall have failed to perform any of the covenants and promises contained herein, which are to be performed by Seller, within fifteen (15) days of written notification of such failure, Purchaser may, at its option, terminate this Agreement by giving written notice of termination to Seller. Purchaser shall have the right to seek and enforce all rights and remedies available at law or in equity to a contract vendee, including the right to seek speCific performance of this Agreement. B. If the Purchaser has not terminated this Agreement pursuant to any of the provisions authorizing such termination, and Purchaser fails to close the transaction contemplated hereby or otherwise faiis to perform any of the terms, covenants and conditions of this Agreement as required on the part of Purchaser to be performed, provided Seller is not in default, then as Seller's sole remedy, Page No_ 4 Agenda Item No. 16B7 April 13, 2010 Seller shall have the right to terminate and cancel this Agreement by giving written Page 9 of 17 notice thereof to Purchaser. whereupon $500 shall be paid to Seller as liquidated damages which shall be Seller's sole and exclusive remedy. and neijher party shall have any further liability or obligation to the other except as set forth in Section 10, Real Estate Brokers. hereof. The parties acknowledge and agree that Seller's actual damages in the event of Purchase~s default are uncertain in amount and difficult to ascertain. and that said amount of liquidated damages was reasonably determined by mutual agreement between the parties, and said sum was not intended to be a penalty in nature. C. The parties acknowledge that the remedies described herein and in the other provisions of this Agreement provide mutually satisfactory and sufficient remedies to each of the parties, and take into account the peculiar risks and expenses of each of the parties. 8. SELLER'S AND PURCHASER'S REPRESENTATIONS AND WARRANTiES Seller intends for Purchaser to rely on the representations contained in this Section in entering into this Agreement and warrants the following: A. Seller has full right and authority to enter into and to execute this Agreement and to undertake all actions and to perform all tasks required of each hereunder. Seller is not presently the subject of a pending. threatened or contemplated bankruptcy proceeding. B. Seller has full right, power, and authority to own and operate the Property, and to execute, deliver, and perform its obligations under this Agreement and the instruments executed in connection herewijh, and to consummate the transaction contemplated hereby. All necessary authorizations and approvals have been obtained authorizing Seller and Purchaser to execute and consummate the transaction contemplated hereby. At Closing, certified copies of such approvals shall be delivered to Purchaser and/or Seller, If requested. C. The warranties set forth in this Article are true on the Effective Date of this Agreement and as of the date of Closing. Purchaser's acceptance of a deed to the said Property shall not be deemed to be full performance and discharge of every agreement and obligation on the part of the Seller to be performed pursuant to the provisions of this Agreement. D. Seller and Purchaser agree to do all things which may be required to give effect to this Agreement immediately as such requirement is made known to them or they are requested to do so. whichever is the earlier. E. Seller represents that It has no knowledge of any actions. suijs, claims, proceedings, litigation or Investigations pending or threatened against Seller, at law, equity or in arbitration before or by any federal. state, municipal or other governmental instrumentallly that relate to this agreement or any other property that could, if continued, adversely affect Selle~s ability to sell the Property to Purchaser according to the terms of this Agreement. F. No party or person other than Purchaser has any right or option to acquire the Property or any portion thereof. G. Until the date fixed for Closing or as long as this Agreement remains in force and effect. Seller shall not encumber or convey any portion of the Property or any rights therein, nor enter into any agreements granting any person or entity any rights with respect to the Property or any part thereof, wtthout first obtaining the written consent of Purchaser to such conveyance, encumbrance, or agreement which consent may be withheld by Purchaser for any reason whatsoever. H. Seller has no knowledge that the Property, and/or that Seller's operations concerning the Property, are in violation of any applicable Federal, State or iocal PagaNo. 5 Agenda Item No. 16B7 April 13, 2010 statute. law or reguiation, or of any notice from any governmental body has been Page 10 of 17 served upon Seller claiming any violation of any law. ordinance, code or regulation or requiring or calling attention to the need for any work, repairs, construction, alterations or installation on or in connection with the Property in order to comply with any iaws, ordinances, codes or regulation with which Seller has not complied. I. There are no unrecorded restrictions, easements or rights of way (other than existing zoning regulations) that restrict or affect the use of the Property. and there are no maintenance, construction, advertising, management. leasing. employment, service or other contracts affecting the Property. J. Seller has no knowiedge that there are any suits, actions or arbitration, bond issuances or proposals therefore, proposals for publiC improvement assessments. pay-back agreements, paving agreements, road expansion or improvement agreements. utility moratoriums, use moratoriums, improvement moratoriums, administrative or other proceedings or governmental investigations or requirements, formal or informal, existing or pending or threatened which affects the Property or which adversely affects Seller's ability to perform hereunder: nor is there any other charge or expense upon or related to the Property which has not been disclosed to Purchaser in writing prior to the Effective Date of this Agreement. K. Seller acknowledges and agrees that Purchaser is entering into this Agreement based upon Seller's representations stated herein and on the understanding that Seller will not cause the zoning or physical condition of the Property to change from Its existing state on the effective date of this Agreement up to and including the date of Closing. Therefore, Seller agrees not to enter into any contracts or agreements pertaining to or affecting the Property and not to do any act or omit to perform any act which would change the zoning or physical condition of the Property or the governmental ordinances or laws governing same. Seller also agrees to notify Purchaser promptly of any change in the facts contained in the foregoing representations and of any notice or proposed change in the zoning, or any other action or notice, that may be proposed or promulgated by any third parties or any governmental authorities having jurisdiction of the development of the property which may restrict or change any other condition of the Property. L. Seller represents, warrants and agrees to indemnify. reimburse, defend and hold Purchaser harmless from any and all costs (including attorney's fees) asserted against. imposed on or incurred by Purchaser, directly or indirectly, pursuant to or in connection with the application of any federal, state, local or common law relating to pollution or protection of the environment which shall be in accordance with, but not limited to, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. Section 9601, et seq., ("CERCLA" or "Superfund"), which was amended and upgraded by the Superfund Amendment and Reauthorization Act of 1986 ("SARA"), including any amendments or successor in function to these acts. This provision and the rights of Purchaser, hereunder. shall survive Closing and are not deemed satisfied by conveyance of title. 9. NOTICES Any notice, request, demand, instruction or other communication to be given to either party hereunder shall be in writing sent by facsimile with automated confirmation of receipt, or registered or certified mail, return receipt requested, postage prepaid or personal deiivery addressed as follows: If to Purchaser: Transportation Engineering & Construction Management Kevin Hendricks, ROW Acquisition Manager 2885 South Horseshoe Drive Naples, Florida 34104 Page No.6 Agenda Item No. 16B7 April 13, 2010 Page 11 of 17 Telephone 239-252-8192 Fax 239-530-6643 With a copy to: Office of the Cou nty Attorney 3301 Tamiami Trail East Napies, Florida 34112 T e'ephone 239-774-8400 Fax 239-774-0225 lito Seller: Telephone: Fax With a copy to: Brian P. Patchen, Esquire The Law Office of Brian P. Patchen 1000 Brickell Avenue, Su~e 1112 Miami, FL 33131-3014 The addressees, addresses and numbers for the purpose of this Section may be changed by eijher party by giving written notice of such change to the other party in the manner provided herein. For the purpose of changing such addressees, addresses and numbers only, unless and until such written notice is received, the last addressee and respective address stated herein shall be deemed to continue in effect for all purposes. Notice shall be deemed given in compliance with this Section upon receipt of automated fax confirmation or upon on the fifth day after the certified or registered mail has been postmarked, or physical receipt by hand delivery. 10. REAL ESTATE BROKERS Any and all brokerage commissions or fees shall be the sole responsibility of the Seller and shall be paid at Closing. Seller shall indemnify Purchaser from and against any claim or liability for commission or fees to any broker or any other person or party claiming to have been a procuring cia use or engaged by Seller as a real estate broker, salesman or representative, in connection with this Agreement. 11. MISCELLANEOUS A. This Agreement may be executed in any manner of counterparts which together shall constitute the agreement of the parties. B. This Agreement and the terms and provisions hereof shall be effective as of the Effective Date and shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, personal representatives, successors, successor trustee, and assignees whenever the context so requires or admITS. C. Any amendment to this Agreement shall not bind any of the parties hereof unless such amendment is in writing and executed and dated by Purchaser and Seller. Any amendment to this Agreement shall be binding upon Purchaser and Seller as soon as it has been executed by both parties. D. Captions and section headings contained in this Agreement are for convenience and reference only; in no way do they define, describe, extend or lim~ the scope or intent of this Agreement or any provisions hereof. E. All terms and words used in this Agreement, regardless of the number and gender in which used, shall be deemed to include any other gender or number as the context or the use thereof may require. F. No waiver of any provision of this Agreement shall be effective unless It is in writing signed by the party against whom it is asserted, and any waiver of any Page NO.7 Agenda Item No. 16B7 April 13, 2010 Page 12 of 17 provision of this Agreement shall be applicable only to the specific instance to which it is related and shall not be deemed to be a continuing or future waiver as to such provision or a waiver as to any other provision. G. If any date specified in this Agreement falls on a Saturday. Sunday or legal holiday, then the date to which such reference is made shall be extended to the next succeeding business day. H. If the Seller holds the Property in the form of a partnership, limited partnership, corporation, trust or any form of representative capacijy whatsoever for others, Seller shall make a written public disclosure, according to s. 286.23, Fla. Stat., under oath, of the name and address of every person having a beneficial interest in the Property before Property held in such capacity is conveyed to Collier County. (If the corporation is registered with the Federal Securities Exchange Commission or registered pursuant to Chapter 517, Fiorida Statutes, whose stock is for sale to the general public, it is hereby exempt from the provisions of Chapter 286, Florida Statutes.) I. This Agreement is governed and construed in accordance with the laws of the State of Florida. J. The Effective Date of this Agreement will be the date of execution of this Agreement by the last signing party. K. This Agreement and the exhibits attached hereto contain the entire agreement between the parties, and there are no promises, representations, warranties or covenants by or between the parties not included in this Agreement. No modification or amendment of this Agreement shall be of any force or effect unless made in writing and executed and dated by both Purchasar and Seller. L. TIME IS OF THE ESSENCE to this Agreement AS TO PURCHASER: IN WITNESS WHEREOF, the parties hereto have executed thiS Agreement on the date first above written. DATED: T::lnll:::lory?F. ')010 ATTEST:' WIGHT E. BROCK. Clerk 8f" . AttIIt.a w CIIl 1~!tfL6R' /2- lo'oq DATED: BOARD OF COUNTY COMMISSIONERS :~LLlE~.WO~~ FRED W. COYLE, Chairman MARS INVESTMENTS LLC, a Florida Limited Liability ompany d4 $0- J.lf:7IJ ,7,t.-e Printed Nam Printed Titl'llll1tll!J...!.~_/,,- Page No. a Agenda Item No. 16B7 April 13, 2010 Page 13 of 17 /1..-10 -OC} BY: Approved as to form and legal sufficiency: ~ 7.Ulk-... Stow." r. W;I\:..", Assistant County Attorney Last Rellised: 02119/09 PageNo.g Agenda Item No. 16B7 April 13, 2010 Page 14 of 17 EXHIBIT A (1 OF 2) LEGAL DESCRIPTION OF FORMER GAS STATION PROPERTY AT NE CORNER OF COLLIER BOULEVARD AND TAMIAMI TRAil INTERSECTION PARCEL 1 A PORTION OF SECTION 3, TOWNSHIP 51 SOUTH. RANGE 26 EAST. COLLIER COUNTY, FLORIDA. BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGIN AT THE MOST SOUTHERN CORNER OF TRACT 3F OF "FREEDOM SQUARE" AS RECORDED IN PLAT BOOK 22 AT PAGES 56.57 AND 58 OF THE PUBLIC RECORDS OF COLLIER COUNTY. FLORIDA; THENCE NORTH 35040' 39" EAST, ALONG THE BOUNDARY OF SAID TRACT 3F FOR 21995 FEET: THENCE SOUTH 54020'24' EAST, ALONG THE BOUNDARY OF SAID TRACT 3F, FOR 19498 FEET TO THE WESTERLY RIGHT-OF-WAY LINE OF ISLE OF CAPRI ROAD; THENCE SOUTH 35' 40'39" WEST ALONG SAID RIGHT-OF-WAY LINE. FOR 186.63 FEET. THENCE SOUTH 76040'28" WEST FOR 44 16 FEET TO THE NORTHERLY RIGHT-OF- WAY LINE OF TAMIAMI TRAIL (US HIGHWAY #41); THENCE NORTH 54020'24-WEST. ALONG SAID RIGHT-OF-WAY LINE, FOR 16601 FEET TO THE POINT OF BEGINNING CONTAINING 42.404 SQUARE FEET MORE OR LESS PARCEL 2 ALL THAT PART OF TRACT 3F ACCORDING TO THE PLAT OF "FREEDOM SQUARE" AS RECORDED IN PLAT BOOK 22. PAGES 56. 57 AND 58 OF THE PUBLIC RECORDS OF COLLIER COUNTY. FLORIDA. AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST SOUTHERL Y CORNER OF SAID TRACT 3F: THENCE ALONG THE BOUNDARY OF SAID TRACT 3F THE FOLLOWING TWO DESCRIBED COURSES' NORTH 54'20' 24" WEST. 45.00 FEET NORTH 35'40'39" EAST, 26995 FEET THENCE LEAVING SAID BOUNDARY LINE. SOUTH 54020'24" EAST, 23998 FEET TO A POINT ON THE BOUNDARY THREE DESCRIBED COURSES SOUTH 35'40'39" WEST, 50 FEET NORTH 54020'24" WEST, 194.98 FEET SOUTH 35'40'39" WEST, 21995 FEET TO THE POINT OF BEGINNING SAID ADDITIONAL PARCEL CONTAINING 21.897 SQUARE FEET MORE OR LESS. Agenda Item No. 16B7 April 13, 2010 Page 15 of 17 EXHIBIT A (2 OF 2) SKETCH OF LEGAL DESCRIPTION j' 1/ '~~ /; , / ' "'-~ / '~., I ~ j / ( ~. .""..... .~ ~ "" .............. ~~ ~~ ~ Agenda Item No. 1687 April 13, 2010 Page 16 of 17 Office of the County Attorney A. Klatzkow Oeputy County Attorney' Scott R. Teach Section Chiefs. Heidi F. Ashton-Clcko" Jacqueline W. Hubbard" "aCOl'll CcrtJ!~j C,t; C~lII1tl and l~1 w;cmmllnl LBl" Assistant County Allomeys . Colleen M. Greene Jennifer 8. White Steven T. Williams Jeff E. Wright Robert N. Zachary March 19,2010 Mar Invcstments, LLC 14810 Griffin Rd. Davie, Florida 33331 Sent Via: Facsimile, Electronic Mailing and Certified Mail RE: Tennination Notice Dear Mar Investments, LLC: Please be advised that Collier County has had the opportunity to review the title history to the property that is the subject of the January 26, 201 0 Purchase Agreement entered into between Mar Investments. LLC and Collier County. Specifically, the property is described as: Parcell: A portion of Section 3, Township 51 Sonth, Rangc 26 East, Collier Count)', Florida, being more particula.-ly described as follows: Begin at the most Southern comer of Tract 3F of Freedom Square, as recorded in Plat Book 22, pages 56, 57 and 58, of the Public Records of Collier Coun!)', Florida: tbence North 35 degrees 40' 39" East, along the boundary of said Tract 3F for 219.95 feet: thcnce South 54 degrees 20' 24" East, along the boundary of said Tract 3F, 1'01' 194.98 feet to the Westerly right-of-way line of Isle of Capri Road; thence South 35 degrees 40' 39" West along said right-of-way line, for ]86.63 feet; thence South 76 degrees 40' 28" for 44.16 feet to the Nortberly right-of-way line of Tamiami Trail (US Highway #4]); thence NOI.th 54 degrees 20' 24" West, along said right-of-way line for ]66.(H feet to the Point of Beginning. Parcel 2: All that part of Tract 3F, according to the plat of Freedom Square, as recorded in Plat Bool, 22, pages 56, 57 and 58, of the Public Records of Collier Connty, Florida, and being more particularly described as follows: Bcginning at the most Southerly corner of said Tract 3F; tbence along tbe bonndary of said Tract 3F, tbe following two described courses: (]) Nortb 54 degrees 20' 24" West 45.00 feet; (2) Nortb 35 degrees 40' 39" East, 269.95 fect: thence leaving said boundary line, South 54 degrees 20' 24" East 239.98 feet to a point on tbe boundary tbree described courses: (1) Soutb 35 degrees 40' 39" West, 50 feet: (2) North 54 degrees 20' 24" West,194.98 feet; (3) Soutb 35 degrees 40' 39" West 219.95 feet to the Point of Beginniug. 3301 East Tamiami Trail, Naples Florida 34112-4902 '1239) 252-8400' FAX: (239) 252-6300 Agenda Item No. 16B7 April 13, 2010 Page 17 of 17 As you were previously notified by Deborah Farris of Collier County Transportation on February 10,2010, there are exceptions appearing in Mar's title policy and the title commitment issued to Collier County. More specifically, you were informed that the County objected to: (1) all or any portion of the easements granted to Florida Power & Light Company by instruments filed in OR Book 34, Page 91 and OR Book 926, Page 781 that are in conflict with Collier County Project #60116 improvements being developed for that area; and (2) Grantor's Reservation of Access appearing in Paragraph 5 of the Special Warranty Deed recorded at OR Book 4117, Page 1702 of the public records of Collier County, Florida. It should be self-evident why these two exceptions would render this parcel unfit for the County's purposes in an overpass project where road right-of-way and retention pond areas were being considered for the parcel. Please be advised that this Notice is provided pursuant to Section 6 of the Purchase Agreement. The previous Notice of February 10, 2010 provided you thirty (30) days to remedy the above defects. Absent providing the County such a remedy, the County has seven (7) days to either "accept title as it then is, waiving any objection, or may terminate the Agreement." Given the clear time constraints of the Agreement and time being of the essence, the County hereby terminates the Agreement. Sincerely, OFFICE OF THE COUNTY ATTORNEY ~7W1L- Steven T. Williams Assistant County Attorney cc: Brian P. Patchen, Esquire The Law Office of Brian P. Patchen 1000 Brickell Avenue, Suite 1112 Miami, FL 33131-3014 Facsimile: 1-305-372-3691 E-Mail: patchlaw@brianpatchen.com CP\ 1 O-ECM-O 1280\2 Patricia L. Mor9an Apr-ill?,~1D Arplo.. Ikwl~' lR r;l ~-6\'\ From: Sent: To: Cc: Subject: Attachments: F arrisDeborah [Deborah F arris@colliergov.net] Tuesday, April 13, 201011:14 AM Minutes and Records hendricks_k; WilliamsSteven Termination of Purchase Agreement Steve Williams termination Itr.pdf Trish, Today, as Agenda Item 16B7, the BCC ratified termination of the Purchase Agreement with Mar Investments, LLC. The terminated agreement was previously approved by the BCe on 1/26/2010 as Agenda Item 101c) and is currently part of your department's online records available at "Boards, Minutes, and Records/BMR Real Property/Collier Blvd/US-41 Overpass #60116/ParceI101FEE". The attached 3-19-2010 "termination" letter by Steven T. Williams was included as part of the backup submitted for Agenda Item 16B7, and is being forwarded to you per my conversation today with a member of your staff. Thank you for your assistance and please do not hesitate to contact me regarding this matter. Deborah Farris, Florida Registered Paralegal Real Estate Closing Agent Collier County TECM\ROW Phone: (239) 252-5861 Fax: (239) 252-6638 DeborahF arris@collierQov.net Under Florida Law. e-mail addresses are public records If you do not want your e-mail address released In response to a public records request. do not send eleclronlc mail 10 Ihis entity. Instead conlacllf1is office by telephone or in wrilinq Item No. 16B7 n 2010 16 of 17 Office of the County Attorney Jeffrey A. Klatzkow Depuly CountyA,ttcrney' Scot! R Teach Section Chefs' Heidi F Asnlon-Cckc' Jaccueline W Hubbard' Asslstaal County Atlorneys' Colleen M Greene Jennle( 8 Wh:te ,.:1".. Steven T Wllhams Jeff E Wngt1! Rober! N Zacharl March 19.2010 Mar Investments. LLC 14810 Grimn Rd. Davie. Florida 3333 I Sent Via. Facsimile, Electronic Mailing and Certified Alail RE: Termination Notice Dear Mar Investments. LLC: Please he advised that Collier County has had the opportunity to review the title history to the property that is the subject of the January 26. 2010 Purchase Agreement entered into between Mar Investments. LLC and Collier County. Specifically. the property is described as: Parcel I: A portion of Section 3, Township 51 South, Range 26 East. Collier County, Florida, being more particularly described as follows: Hcgin at the most Southern corner of Tract 3F of Freedom Square, as recorded in Plat Book 22, pages 56, 57 and 58, of the Public Records of Collier County, Florida; tbence ~orth 35 degrc(,'S 40' 39" F.ast, along tbe boundary of said Tract 3F for 219.95 feet; thence South 54 degrees 2(1' 24" East, along tbe boundary ofsaid Tract 31-', for 194.98 feet to tbe Westerly right-of-way line of Isle of Capri Road; thence South 35 degrees 40' 39" West along said right-of-way line, for 186.63 feet; thence Soutb 76 degrees 40' 28" for 44.16 feet to the Northerl)' right-of-way line of Tamiami Trail (US Highway #41); thence North 54 degrees 20' 24" West, along said right-of-way line for 166.01 feet to the Point of Ue~inning, Parcel 2: All that part of Tract 3F, according to the plat of Freedom Square, as recorded in Plat Book 22, pages 56, 57 and 58, of the Public R<<ordll of Collier Count)', Florida, and being more particularly described as follows: Beginning at the most Southerly corner of said Tract 3F; thence along the boundary of said Tract 3F, the following two described COUI'Ses: (1) North 54 degrees 20' 24" We'lt 45.00 feet; (2) North 35 degn'f.'S 40' 39" East, 269.95 feet; thence leaving said boundary line, South 54 degrees 20' 24" East 239.98 feet to a point on the boundary three described courses: (I) South 35 degrees 40' 39" West, 50 feet; (2) North 54 degrees 20' 24" West, 194.98 feet; (3) South 35 degrees 40' 39" West 219.95 feet to the I~oint of Beginning. 3301 East Tamiarnl Trail, Naoies Florida 34112-4902 '1239} 252-8400' F.AX '239,252-6300 Agenda Item No. 1687 April 13, 2010 Page 17 of 17 As you were previously notified by Deborah Farris of Collier County Transportation on February 10, 2010, there are exceptions appearing in Mar's title policy and the title commitment issued to Collier County. More specifically, you were informed that the County objected to: (1) all or any portion of the easements granted to Florida Power & Light Company by instruments filed in OR Book 34, Page 91 and OR Book 926, Page 781 that are in conflict with Collier County Project #60116 improvements being developed for that area; and (2) Grantor's Reservation of Access appearing in Paragraph 5 of the Special Warranty Deed recorded at OR Book 4117, Page 1702 of the public records of CoUier County, Florida. It should be self-evident why these two exceptions would render this parceI unfit for the County's purposes in an overpass project where road right-of-way and retention pond areas were being considered for the parcel. Please be advised that this Notice is provided pursuant to Section 6 of the Purchase Agreement. The previous Notice of February 10, 2010 provided you thirty (30) days to remedy the above defects. Absent providing the County sueh a remedy, the County has seven (7) days to either "accept title as it then is, waiving any objection, or may tenninate the Agreement:' Given the clear time constraints of the Agreement and time being of the essence, the County hereby terminates the Agreement. SincereIy, OFFICE OF THE COu'NTY ATTORNEY ~7wL Steven T. Williams Assistant County Attorney cc: Brian p, Patchen, Esquire The Law Office of Brian P. Patchen 1000 Brickell Avenue, Suite 1112 Miami, FL 33131-3014 Facsimile: 1-305-372-3691 E-Mail: patehlaw@brianpatchen.com CP\] O-ECM-O] 280\2