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Agenda 02/25/2025 Item #16B 4 (Purchase and Sales Agreement with Joseph D. Stewart , P.A. for the purchase of unit 105 - to increase office space and reduce long-term rental expenses within the Court Plaza III building)2/25/2025 Item # 16.13.4 ID# 2025-344 Executive Summary Recommendation to approve and execute a Purchase and Sales Agreement with Joseph D. Stewart, P.A. for the purchase of unit 105, which is the last remaining available unit to purchase out of 18 condominium office units within the Court Plaza III building situated on 1.17 improved acres on Airport Road South, adjacent to the Government Center, for the Community & Human Services Division. (Companion to item 16B.3) OBJECTIVE: To increase Collier County's ("County") office space holdings by acquiring additional property, located adjacent to the Government Center, to reduce long-term rental expenses. This acquisition will provide the County with greater control over its office space, improve operational efficiency, and generate cost savings. CONSIDERATIONS: The Community & Human Services Division ("CHS") currently occupies the entire second floor comprised of six office suites —units 201, 202, 203, 204, 205, and 206—at the Court Plaza III building located at 2671 Airport Road South. The owner of Unit 105, which is approximately 730 square feet, is Joseph D. Stewart, P.A. ("Seller"). Units 101, 102, 103, 104, 106, 201, 202, 203, 204, 205, 206, 301, 303, and 305, are owned by a separate entity and are also proposed to be purchased under a separate companion agenda item. The majority of the units in the building, including those occupied by CHS, are being offered for sale. The property includes an 18,600-square-foot office condominium facility, with 16,000 square feet of office space. The building sits on 1.17 acres and provides 76 parking spaces. As outlined in the Fiscal Impact Statement, purchasing the majority of the building, including Unit 105, will help reduce future rental costs. CHS plans to purchase approximately 11,674 total square feet of office condo space, which is zoned C3. The County's standard Purchase and Sale contract has been used. Notable terms of the Purchase and Sale Agreement ("Agreement") include: • Purchase Price: $290,000 (1 unit) or the average value determined by two appraisers, if lower. However, Seller may rescind the Agreement if the Board does not approve a purchase price of $290,000. • Closing: 180 days from the date of the Agreement. • Inspection Period: 120 days from the date of the Agreement. (County will engage a private inspector) • Purchase Contingency: The purchase of unit 105 is also contingent upon the purchase of the other 14 units from Bigi & Bigi LLC. This space is expected to meet the needs of CHS for the next 20 years and will also provide additional office space for the County as leases for current tenants expire. Over time, the purchase strengthens the County's financial position by reducing reliance on external leases, securing a long-term asset, and yielding significant cost savings that support operational sustainability. Additionally, acquiring this building will support the co -location of all housing, human, and veteran services, providing residents with easy access to services in a single, convenient location. Joseph D. Stewart, P.A., owns the remaining three units in the building and has informed us that he intends to continue operating his business from them, so they are not for sale. We will continue to make periodic requests to purchase those units, and failing that, we will pursue a right of first refusal. Upon the association's transition to the County, the County will evaluate the best approach for managing the building, assess the most effective way to transfer the association's responsibilities, and take the necessary steps to do so. Real Property Management will coordinate with the association and the County Attorney's Office to determine and implement any necessary updates to the governing documents for the Board's consideration. Additionally, Real Property will also begin notifying current tenants of the non -renewal option for their leases. This item is consistent with the Collier County strategic plan objective by ensuring Collier County has the facilities to provide its citizens access to health, wellness, and human services. Page 37 of 94 2/25/2025 Item # 16.13.4 ID# 2025-344 FISCAL IMPACT: The cost of appraisals, title work and inspections is $4,650. Sources of funding provided below. Ongoing, CHS will also receive $1,409.76 per month in Condominium Association fees, and $276.77 per month in `reserve' fees from the owner (Joseph D. Stewart, P.A.) of units # 302, 304 & 306. The total acquisition amount is not to exceed $294,650.00, including an appraisal, an inspection, title policy, recording, search, and closing costs. The CCAP Project (33699) within the Grant Support Fund (1806) has $108,250 in local funding available to support this acquisition. Historically, CCAP local funding has been used to secure offsite rental space for staff delivering housing programs. Utilizing these funds will enable staff to continue providing community assistance programs. The Local Tribal Consistency Fund (LATCF) funding within the Community & Human Services Grant Fund (1835), Project 33843, is available for this acquisition in the amount of $186,400. LATCF funds serve as a general revenue enhancement program, supporting eligible uses such as general government operations, personnel costs, and administrative facilities. These funds currently support lease agreements for office space at Court Plaza III. GROWTH MANAGEMENT IMPACT: This purchase is consistent with the County's Growth Management Plan. LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires a majority vote for approval. -SAA RECOMMENDATIONS: To approve the attached Purchase and Sale Agreement and accept the Warranty Deed once it has been received and approved by the County Attorney's Office; 2) Authorize the Chairman to execute the Agreement and any and all other County Attorney's Office approved documents related to this transaction; 3) Authorize the County Manager or designee to prepare related vouchers and Warrants for payment; and 4) Direct the County Manager or designee to proceed to acquire this parcel, to follow all appropriate closing procedures, to record the deed and any and all necessary documents to obtain clear title to this parcel, and to take all reasonable steps necessary to ensure performance under the Agreement. PREPARED BY: Grant Cox, Property Acquisition Specialist, Real Property Management, Transportation Management Services Department ATTACHMENTS: Court Plaza III - Stewart's Purchase Agreement Map of Subject Property Page 38 of 94 TAX lD NUl,/BER: 28681500105 AGREEMENT FOR SALE AND PURCHASE THIS AGREEMENT is made and entered into by and between Joseph D. Stewa rt P.A., whose address is 2671 Airport Road South, Suite 302, Naples, FL 34112 (hereinafter referred to as "Seller"), and COLLIER COUNTY, a political subdivision of the State of Florida, its successors and assigns, whose address is 2685 Horseshoe Dr. S., Suite 103, Naples, FL 34104 (hereinafter referred to as "Purchaser"). WITNESSETH WHEREAS, Seller is the owner of that certain parcel of real property (hereinafter referred to as "Property"), located in Collier County, State of Florida, and being more particularly described in Exhibit "A", attached hereto and made a part hereof by reference. WHEREAS, Purchaser is desirous of purchasing the Property, subject to the conditions and other agreements hereinafter set forth, and Seller is agreeable to such sale and to such conditions and agreements. NOW, THEREFORE, and for and in consideration of the premises and the respective undertakings of the parties hereinafter set forth and the sum of Ten Dollars ($10.00), the receipt and sufficiency of which is hereby acknowledged, it is agreed as fol,ows: I- AGREEMENT 1.01 ln 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, described in Exhibit "A". II. PAYMENT OF P URCHASE PRICE 2.01 The purchase price (the "Purchase Price") for the Property shall be Two Hundred and Ninety Thousand Dollars and 00/100 dollars ($290,000.00), (U.S. Currency) or the value of the appraisal engaged by the Purchaser, whichever is lower, payable at time of closing; provided and if the Board of County commissioners does not approve the Purchase Price of Two Hundred and Ninety Thousand Dollars and no/100 dollars (s290,000.00), Seller shall have the right to rescind the Purchase Agreement. 2.02The purchase of unit 105 by the Purchaser is contingent upon the purchase of 14 other units by sale from Bigi & Bigi LLC. CC Agreement 06/10/2024 Page I of 14 / -.ro ) ilt. cLoslNG Page 663 of 2568 3 01 The Closing (THE "CLOSING DATE", "DATE OF CLOS|NG", OR "CLOSING") of the transaction shall be held on or before one hundred and eighty (180) days following execution of this Agreement by the Purchaser, or within thirty (30) days of Purchaser's receipt of all closing documents, whichever is later. The Closing shall be held at the office of the insuring title company or by mail. The procedure to be followed by the parties in connection with the Closing shall be as follows: 3.011 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 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: 3.0111 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. 3.01 12 Combined Purchaser-Seller closing statement. 3.0113 A "Gap Tax Proration, Owner's Non-Foreign Affidavit", as required by Section 1445 of the lnternal Revenue Code and as required by the title insurance undemriter to insure the "gap" and issue the policy contemplated by the title insurance commitment. 3.0114 A W-9 Form. "Request for Taxpayer ldentification and Certification" as required by the lnternal Revenue Service. 3.012 At the Closing, the Purchaser, or its assignee, shall cause to be delivered to the Seller the following: 3.0'121 A negotiable instrument (County Warrant) in an amount equal to the Purchase Price. 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 lhe last endorsement to the commitment, referenced in Section 4.011 thereto, 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. CC Agreement 06/10,2024 Page 2 ol 1,1 TAX ID NUMBER 28681500105 ) Page 664 of 2568 TAX rO NUMAER 28681500105 3.0122 Funds payable to the Seller representing the cash payment due at Closing In accordance with Article lll hereof, shall be subject to adjustment for prorations as hereinafter set forth. 3.02 Each party shall be responsible for payment of its own attorney's fees. Seller, at its sole cost and expense, shall pay at Closing all documentary stamp taxes due relating to the recording of the Warranty Deed, in accordance with Chapter 201 .01, Florida Statutes, Title Company Closing Fee, and the cost and electronic fee of recording any instruments necessary to clear Seller's title to the Property. The cost of the Owner's Form B Title Policy, issued pursuant to the Commitment provided for in Section 4.011 below, shall be paid by Purchaser. The cost of the title commitment shall also be paid by Purchaser. 4.01 Upon execution of this Agreement by both parties or al such other time as specified within this Article, 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; 4.011 Within fifteen ('15) days after the date hereof, Purchaser shall request as evidence of title an ALTA Commitment for an Owner's Title lnsurance Policy (ALTA Form 8-1970) 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 writing of any objection to title other than liens evidencing monetary obligations, if any, which obligations shall be paid at closing. lf 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. CC Agreement 06/'10'2024 Page 3 of 14 3.03 Purchaser shall pay for the cost of recording the Warranty Deed. Real Property taxes shall be prorated based on the current year's tax with due allowance made for maximum allowable discount, homestead and any other applicable exemptions and paid by Seller. lf Closing occurs at a date which the current year's millage is not fixed, taxes will be prorated based upon such prior year's millage. IV. REQUIREMENTS AND CONDITIONS 4.01211 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 to convey good and marketable title at Seller's expense, except for liens or monetary obligations which will be satisfied at Closing. Seller, at its sole expense, shall use its best efforts to make Page 665 of 2568 TAX tO NUMBER 28681500105 such title good and marketable. ln the event Seller is unable to cure said objections within said time 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 Purchaser may teminate the Agreement. A failure by Purchaser to give such written notice of termination within the time period provided herein shall be deemed an election by Purchaser to accept the exceptions to title as shown in the title commitment. 4.013 Seller agrees to furnish any existing surveys of the Property in Seller's possession to Purchaser within ten (10) 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 shall be made based upon any change to the total acreage referenced in Exhibit "A," unless the difference in acreage revealed by survey exceeds 5% of the overall acreage. lf 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 of such encroachment, projection, or lack of legal access. and Seller shall have the option of curing said encroachment or projection, or obtaining legal access to the Property from a public roadway, within sixty (60) days of receipt of said written notice from Purchaser. Purchaser shall have ninety (90) days from the effective date of this Agreement to notify Seller of any such objections. Should Seller elect not to or be unable to remove the encroachment, pojection. or provide legal access to the property within said sixty (60) day period, Purchaser, by providing written notice to Seller within seven (7) days after expiration of said sixty (60) day period, may accept the Property as it then is, waiving any objection to the encroachment, or pro.jection, or lack of legal access, or Purchaser may terminate the Agreement. A failure by Purchaser to give such written notice of termination within the time period provided herein shall be deemed an election by Purchaser to accept the Property with the encroachment, or projection, or lack of legal access. V. INSPECTION PERIOD 5.01 Purchaser shall have one hundred twenty (120) days from the date of this Agreement, ("lnspection Period"), to determine through appropriate investigation that: 1. Soil tests and engineering studies indicate that the Property can be developed without any abnormal demucking, soil stabilization or foundations. 2. There are no abnormal drainage or environmental requirements to the development of the ProPerty. CC Agreement 06/10/202,t Page 4 of lil Page 666 of 2568 TAX tO NUMBER 2868150010s 3. The Property is in compliance with all applicable State and Federal environ- mental laws and the Property is free from any pollution or contamination. 4. The Prope(y can be utilized for its intended Office Space. 5.02 lf Purchaser is not satisfied, for any reason whatsoever, with the results of any investigation, Purchaser shall deliver to Seller prior to the expiration of the lnspection Period, written notice of its intention to waive the applicable contingencies or to terminate this Agreement. lf Purchaser fails to notify the Seller in writing of its specific objections as provided herein within the lnspection Period, it shall be deemed that the Purchaser is satisfied with the results of its investigations and the contingencies of this Article V shall be deemed waived. ln the event Purchaser elects to terminate this Agreement because of the right of inspection, Purchaser shall deliver to Seller copies of all engineering reports and environmental and soil testing results commissioned by Purchaser with respect to the Property. 6.01 Seller acknowledges that the Purchaser, or its authorized agents, shall have the right to inspect the Property at any time prior to the Closing. 7.01 Purchaser shall be entitled to full possession of the Property at Closing 8.01 Ad valorem taxes next due and payable, after closing on the Property, shall be prorated at Closing based upon the gross amount of current year taxes, and shall be paid by Seller. CC Agreement 06/1 0i2024 Page 5 of 14 5.03 Purchaser and its agents, employees and servants shall, at their own risk and expense, have the right to go upon the Property for the purpose of surveying and conducting site analyses, soil borings and all other necessary investigation. Purchaser shall, in performing such tests, use due care. Seller shall be notified by Purchaser no less than twenty-four (24) hours prior to said inspection of the Property. VI. INSPECTION VII. POSSESSION VIII, PRORATIONS IX, TERMINATION AND REMEDIES 9.01 lf Seller shall have failed to perform any of the covenants and/or agreements contained herein which are to be performed by seller, within ten (10) 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 ,Page 667 of 2568 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. 9.02 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. X SELLER'S AND PURCHASER'S REPRESENTATIONS AND WARRANTIES 10.01 1 Seller and Purchaser have 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. Seller further represents the Property is free from any and all occupants, tenants, and other persons or entities claiming possession of the Property atthe time of closing. This provision shall survive closing. Paqe 6 of 14 TAX rO NUMBER 28681s00105 10.01 Seller and Purchaser represent and warrant the following: 10.012 Seller has full .rght, 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 herewith, 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 necessary. 10.01 3 The warranties set forth in this paragraph shall be true on the 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. 10.014 Seller represents that it has no knowledge of any actions, suits, 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 instrumentality that relate to this agreement or any other property that could, if continued, adversely affect Seller's ability to sell the Property to Purchaser according to the terms of this Agreement. 10.01 5 No party or person other than Purchaser has any right or option to acquire the Property or any portion thereof. CC Agreeme.t 06/10/2024 Page 668 of 2568 TAX ID NUMBER 28681500105 10.016 Until the date fixed for Closing, so long as this Agreement remains in force and effect, Seller shall not encumber or convey any portion of the Prope.ty 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, without first obtaining the written consent of Purchaser to such conveyance, encumbrance, or agreement which consent may be withheld by Purchaser for any reason whatsoever. 10.018 Seller has no knowledge that the Property and Seller's operations concerning the Property are in violation of any applicable Federal, State or local statute, law or regulation. or ofany notice from any governmental body has been 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 conneclion with the Property in order to comply with any laws, ordinances. codes or regulation with which Seller has not complied. 10.019 Seller has no knowledge of unrecorded leases, licenses or other possessory interests, restrictions, easements, or rights of way (other than existing zoning regulations) that restrict or affect the use of the Property, and there ire no maintenance, construction, advertising, management, leasing, employment. service, or other contracts affecting the Property. CC Agreement 06/10/2024 Page 7 of lit 10 017 Seller represents that they have (it has) no knowledge that there is or ever has been incinerators, septic tanks, or cesspools on the Property; all waste, if any, is discharged into a public sanitary sewer system; Seller represents that they have (it has) no knowledge that any pollutants are or have been discharged from the Property, directly or indirectly into any body of water. Seller represents that to their knowledge the Property has not been used for the production, handling, storage, transportation, manufacture, or disposal of hazardous or loxic substances or wastes, as such terms are defined in applicable laws and regulations, or any other activity that would have toxic results, and no such hazardous or loxic substances are currently used in connection with the operation of the Property, and there is no proceeding or inquiry by any authority with respect thereto. Seller represents that they have (it has) no knowledge that there is ground water contamination on the Property or potential of ground water contamination from neighboring properties. Seller represents that they have (it has) no knowledge that there is or ever has been any storage tanks for gasoline, or any other substances are or were located on the Property at any time during or prior to Seller's ownership thereof. Seller represents that they have (it has) no knowledge that any part of the Property has ever been used as a sanitary landfill. Page 669 of 2568 TAX tD NUMBER 28681500105 '10.020 Seller has no knowledge that there are any suits, actions or arbitration, bond issuances or proposals therefor, 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. 10.021 Seller acknowledges and agrees that Purchaser is entering into this Agreement based upon Seller's representations stated above 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 othe. condition of the Property. 10.022 Al the Closing, Seller shall deliver to Purchaser a statement (hereinafter called the "Closing Representative Stalement") reasserling the foregoing representations as of the Date of Closing, which provisions shall survive the Closing. 't 0.023 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. CC Agreement 06/10/2024 Page E of t,l Page 670 of 2568 IAX lD NUMBER: 286E1500105 10.024 Any loss and/or damage to the Property between the date of this Agreement and the date of Closing shall be Seller's sole risk and expense. XI. NOTICES 'I 1.01 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 by registered, or certified mail, return receipt requested, postage prepaid, and with notification to the other Party sent via email containing the tracking number and/or fax number (if applicable) of such notice addressed as follows: lf to Purchaser: With a copy to Attn: Grant Cox Collier County Real Property Management 2685 Horseshoe Dr. S., Suite 103, Naples, Florida 34104 Telephone number: 239 -252-537 3 Fax number: 239-252-887 6 Email: Grant.Cox colliercou OV lf to Seller:Joseph D. Stewart, P.A. 267'l Airport Road South, Suite 302 Naples, FL34112 Telephone number: 239 -7 7 54450 Fax number: _N/A_ Email : JStewart@idsleoal.com XII. REAL ESTA 11.O2fhe addressees and numbers for the purpose of this Article may be changed by either party by giving written notice of such change to the other party in the manner provided herein. For the purpose of changing such addresses or addressees 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. :9CC Agreement 06/1 0/2024 TE BROKERS Kristi Sonntag, Division Director Community & Human Services 3339 Tamiami Trail E Bldg H Suite 213 Naples, Florida 34112 Email: Kristi.Sonntaq@colliercounM.qov Page I of 14 Page 671 of 2568 TA)( rO NUMEER 28681500105 12.01 Any and all brokerage commissions or fees shall be the sole responsibility of the Seller. Seller shall indemnify Purchaser and hold Purchaser harmless from and against any claim or liability for commission or fees to any broker or any other person or party claiming to have been engaged by Seller as a real estate broker, salesman or representative, in connection with this Agreement. Seller agrees to pay any and all commissions or fees at closing pursuant to the terms of a separate agreement, if any. 13.01 This Agreement may be executed in any manner of counterparts which together shall constitute the agreement of the parties. 13.02 This Agreement and the terms and provisions hereof shall be effective as of the date this Agreement is executed by both parties 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. 13.03 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. 13.04 Captions and section headings contained in this Agreement are for convenience and reference only; in no way do they define, describe, extend, or limit the scope or intent of this Agreement or any provisions hereof. 13.06 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 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. 13.07 lt 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 e)dended to the next succeeding business day. CC Agreement 06/1 0/2024 Page t0 of 14 XIII. MISCELLANEOUS 13.05 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. Page 672 of 2568 TAX ID NUMBER 28681500' 05 13.08 Seller is aware of and understands that the "offer" to purchase represented by this Agreement is subject to acceptance and approval by the Board of County Commissioners of Collier County, Florida. 13.09 lf the Seller holds the Property in the form of a partnership, limited partnership, corporation, trust, or any form of representative capacity whatsoever for others, Seller shall make a written public disclosure, according to Chapter 286, Florida Statutes, under oath, ofthe name and address of every person having a beneficial interest in the Property before Property held in such capacity is conveyed to Collier County. (lf the corporation is registered with the Federal Securities Exchange Commission or registered pursuant to Chapter 517, Florida Statutes, whose stock is for sale to the general public, it is hereby exempt from the provisions of Chapter 286, Florida Statutes. ) 13.10 This Agreement is governed and construed in accordance with the laws of the State of Florida. XIV. ENTIRE AGREEMENT 14.01 This Agreement and the exhibits attached hereto contain the entire agreement between the pa(ies, and no promise, representation, warranty, or covenant not included in this Agreement, or any such referenced agreements has been or is being relied upon by either party. No modification or amendment of this Agreement shall be of any force or effect unless made in writing and executed and dated by both Purchaser and Seller. Time is of the essence of this Agreement. XV. ACKNOWLEDGMENTOF POTENTIAL FUTURE USE 15.0'1 Any development rights or credits available on the Property are relinquished by the Seller and conveyed to the Purchaser at closing as part of the sale of the Property. S/GN,ATURES APPEAR ON THE FOLLOWING PAGES CC Agreement 06/10/2024 Page 11 of 14 Page 673 of 2568 TAX lD NUMBER: 28681500105 lN WTNESS WHEREOF, the parties hereto have signed below. Dated ProjecUAcquisition Approved by BCC:_ AS TO PURCHASER: ATTEST: CRYSTAL K. KINZEL, Clerk of the Circuit Court and Comptroller By , Deputy Clerk Burt Saunders, Chairman REMAINDER OF THE PAGE INTENTIONALLY LEFT BLANK BOARD OF COUNry COMMISSIONERS COLLIER COUNTY, FLORIDA CC Agreement 05/10/2024 Page 12 of 14 CAO ' Page 674 of 2568 TAX rO NUMSER 28681500105 AS TO SELLER: DATED: By: Print Name. Approved as lo form and legal y I r1 Stewart, N Assistanl cAo CC Agreemenl 06/10/2024 Page 13 of 1,1 ,A- \^tq Page 675 of 2568 TAX ID NUMBER 2E68I5OO105 EXHIBIT "A" PROPERTY IDENTIFICATION NUMBER, 286815OO105 Unit 105,Court Plaza lll, a Condominium, according to the Declaration of Condominium thereof recorded in Official Records Book 1859, Page 1710, Public Records of Collier County, Florida, together with it's undivided share of the common elements appurtenant thereto as described in said Condominium Declaration. @ CC Agreement 06/10i2024 ?age 11of 14 Page 676 of 2568 Page 677 of 2568