Backup Documents 04/08/2025 Item #16B 7 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 1 6 B 7
TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO
THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE
Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the County Attorney Office
at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later
than Monday preceding the Board meeting.
**NEW** ROUTING SLIP
Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete with the
exception of the Chairman's signature,draw a line through routing lines#1 through#2,complete the checklist,and forward to the County Attorney Office.
Route to Addressee(s) (List in routing order) Office Initials Date
1. County Attorney Office County Attorney 4/14/2025
Attn. Sally A. Ashkar $34..._
2. BCC Office Board of County Commissioners /
Office LI '� it.o�✓ar'/�l
3. Minutes and Records* Clerk of Courts /MA/
*NOTE TO MINUTES AND RECORDS:
Please return an electronic copy of agreement to Sonja.Stephenson@colliercountyfl.gov
PRIMARY CONTACT INFORMATION
Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees
above,may need to contact staff for additional or missing information.
Name of Primary Staff Sonja Stephenson/Real Property Phone Number 239-252-8073
Contact/ Depai lment Management
Agenda Date Item was April 8, 2025 Agenda Item Number 16.B.7
Approved by the BCC
Type of Document Real Estate Sales Agreement Number of Original 1
Attached Documents Attached
PO number or account N/A
number if document is
to be recorded
INSTRUCTIONS & CHECKLIST
Initial the Yes column or mark"N/A"in the Not Applicable column,whichever is Yes N/A(Not
appropriate. (Initial) Applicable)
1. Does the document require the chairman's original signature?STAMP OK SS
2. Does the document need to be sent to another agency for additional signatures? If yes, SS
provide the Contact Information(Name;Agency;Address;Phone)on an attached sheet.
3. Original document has been signed/initialed for legal sufficiency. (All documents to be
signed by the Chairman,with the exception of most letters,must be reviewed and signed SS
by the Office of the County Attorney.
4. All handwritten strike-through and revisions have been initialed by the County Attorney's N/A
Office and all other parties except the BCC Chairman and the Clerk to the Board
5. The Chairman's signature line date has been entered as the date of BCC approval of the SS
document or the final negotiated contract date whichever is applicable.
6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's SS
signature and initials are required.
7. In most cases(some contracts are an exception),the original document and this routing slip N/A
should be provided to the County Attorney Office at the time the item is input into SIRE.
Some documents are time sensitive and require forwarding to Tallahassee within a certain
time frame or the BCC's actions are nullified. Be aware of your deadlines!
8. The document was approved by the BCC on 4-8-25,and all changes made during the SS N/A is not
meeting have been incorporated in the attached document. The County Attorney's an option for
Office has reviewed the changes,if applicable. this line.
9. Initials of attorney verifying that the attached document is the version approved by the N/A is not
BCC,all changes directed by the BCC have been made,and the document is ready for the an option for
Chairman's signature. this line.
I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12
� 6B 7
PROJECT: Surplus Properties
FOLIO NO(s): 64288000402 and 64288000389
REAL ESTATE SALES AGREEMENT
THIS AGREEMENT made and entered into this 6 t� day of Rpt , 2025, by
and between the BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA,
hereinafter referred to as SELLER, and RCAMS ADVISERS, LLC, a Florida Limited Liability
Company, hereinafter referred to as BUYER.
WHEREAS, SELLER desires to sell, and BUYER desires to purchase, the property hereinafter
described, at the price and on the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the recitals, the mutual covenants hereinafter set forth
and other good and valuable considerations, the receipt and sufficiency of which are hereby
mutually acknowledged, it is agreed by and between the parties as follows:
I. PREMISES. The real properties, which are the subject of this Agreement, (hereinafter referred
to as "Premises") is located in Collier County, Florida, and described on Exhibit "A" attached
hereto and made a part hereof.
2. SALE and CONVEYANCE. SELLER agrees to sell and convey all of SELLER'S right,title and
interest in and to the Premises to BUYER, and BUYER agrees to purchase the Premises from
SELLER, at the price and upon the terms and conditions hereinafter set forth.
3. TITLE. Title to the PREMISES shall be conveyed to BUYER by Statutory Deed.
4. PURCHASE PRICE. The Purchase Price ("Purchase Price") for the Premises is ONE
MILLION THREE HUNDRED AND SEVENTY THOUSAND DOLLARS ($1,370,000), payable by
BUYER to SELLER. Concurrent, with the execution and delivery to SELLER of this Agreement,
BUYER shall pay to SELLER, as earnest money hereunder ("Earnest Money") the sum of ONE
HUNDRED THIRTY-SEVEN THOUSAND DOLLARS ($137,000) representing ten percent, 10%
of the purchase price. The balance, after credit of the Earnest Money and any prorations and
adjustments, shall be paid by BUYER to SELLER at closing of this transaction.
5. DISCLAIMER OF WARRANTIES. BUYER understands and acknowledges that BUYER is
purchasing the Premises in an "AS IS" condition and specifically and expressly without any
warranties, representations or guarantees, either express or implied, of any kind, nature, or type
whatsoever from or on behalf of the SELLER. The BUYER acknowledges and agrees that
BUYER, in entering into this Agreement and purchasing the Premises, is not relying on any
representations made by SELLER regarding the condition, future development potential, or use
of the Premises. BUYER further acknowledges that BUYER has made and/or has been given an
adequate opportunity to make such legal, factual and other inquiries and investigations as BUYER
deems necessary, desirable or appropriate with respect to the Premises. Without in any way
limiting the preceding, BUYER acknowledges and agrees that he hereby waives,
� 6B 7
releases and discharges any claim that he has, might have had, or may have against the
SELLER with respect to the condition of the Premises.
6. PRORATIONS, ADJUSTMENTS and CLOSING COSTS.
A. The following items shall be prorated and adjusted between SELLER and BUYER
as of midnight of the day preceding closing:
1. All installments or special assessments payable after the closing, whether for work
commenced as of the closing or otherwise, shall be paid exclusively by BUYER.
2. All other items required by any other provision of this Agreement to be prorated or
adjusted.
3. At the closing, the amount of proration and adjustments as aforesaid shall be
determined or estimated to the extent practicable and the monetary adjustment shall
be made between SELLER and BUYER. All such prorations and adjustment shall be
final.
B. BUYER hereby agrees to indemnify and hold harmless SELLER from and against
each obligation of SELLER for which, and to the extent that, credit has been given to BUYER at
the time of closing.
C. BUYER shall pay for all costs associated with this transaction including, but not limited
to transfer, documentary taxes, and recording costs for any curative instruments. SELLER shall
pay the costs of recording the conveyance instrument.
7. DEFAULTS AND TERMINATION. If BUYER defaults hereunder, then provided SELLER is not
in default, SELLER's sole remedy shall be to terminate this Agreement by giving written notice
thereof to BUYER, whereupon the Earnest Money shall be retained by SELLER as liquidated
damages which shall be SELLER'S sole and exclusive remedy, and neither party shall have any
further liability or obligation to the other. The parties acknowledge and agree that SELLER'S
actual damages in the event of BUYER'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.
If SELLER defaults hereunder and such default has not been cured within thirty (30) days after
Written Notice of such default to SELLER, and provided BUYER is not in default, BUYER may
terminate this Agreement, whereupon the Earnest Money shall be returned to BUYER within thirty
(30) days of receipt of Written Notice of default and neither party shall have any further liability or
obligation to the other. Notwithstanding anything contained in this Agreement to the contrary, the
foregoing shall be BUYER'S sole and exclusive remedy and shall preclude BUYER from the
exercise of any other remedy.
8. EXPENSES. Any and all costs and expenses incurred by SELLER in connection with this
transaction(excepting SELLER'S attorneys'fees and Real Estate Commissions, if any), including,
without limitation, recording fees, conveyance fees, public notice cost, documentary and
intangible taxes of every nature and kind whatsoever, shall be borne and paid by BUYER.
\ J 's
1 6 B 7
9. INTERMEDIARIES. Any and all brokerage commissions or fees brought about by the action
of BUYER shall be the sole responsibility of the BUYER. BUYER shall indemnify SELLER and
hold SELLER 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 BUYER as a real estate
broker, salesman or representative, in connection with this Agreement, including costs and
reasonable attorneys'fees incident thereto. This provision shall survive closing of this
transaction.
10. CLOSING. Closing shall take place during normal business hours at the County Attorney's
Office, Collier County Courthouse, 3329 East Tamiami Trail, Naples, Florida, 34112 or such other
location as SELLER may select, within 60 days from the date SELLER executed this Agreement.
11. GENERAL PROVISIONS.
A. This Agreement, including all exhibits attached hereto and documents to be
delivered pursuant hereto, shall constitute the entire agreement and understanding of the parties,
and there are no other prior or contemporaneous written or oral agreements, undertakings,
promises, warranties or covenants not contained herein.
B. This Agreement may be amended only by a written memorandum subsequently
executed by all of the parties hereto.
C. No waiver of any provision or condition of this Agreement by any party shall be valid
unless in writing signed by such party. No such waiver shall be taken as a waiver of any other or
similar provision or of any future event, act or default.
D. Time is of the essence of this Agreement. In the computation of any period of time
provided for in this Agreement or by law, any date falling on a Saturday, Sunday or legal holiday
shall be deemed to refer to the next day which is not a Saturday, Sunday or legal holiday.
E. In the event that any provision of this Agreement shall be unenforceable in whole or
in part, such provision shall be limited to the extent necessary to render the same valid, or shall
be excised from this Agreement, as circumstances require, and this Agreement shall be construed
as if said provision had been incorporated herein as so limited, or as if said provision had not
been included herein, as the case may be.
F. Headings of paragraphs are for convenience of reference only and shall not be
construed as a part of this Agreement.
G. This Agreement shall be binding upon and shall inure to the benefit of the parties
hereto, and their respective heirs, executors, personal representatives, successors and assigns,
provided, however,that this Agreement may not be assigned by BUYER without the prior express
written consent of SELLER, which consent may be withheld for any reason whatsoever.
H. Any and all notices permitted, or required to be given hereunder, shall be in writing
and shall be either personally delivered to the party or shall be sent by United States mail, postage
prepaid, registered or certified mail to the following addresses. Any such notice shall be deemed
given and effective upon receipt or refusal of delivery thereof by the primary party to whom it is to
be sent.
ram,
16B 7
AS TO SELLER: Collier County Real Property Management
2685 Horseshoe Dr. S
Suite 103
Naples, Florida 34104
WITH A COPY TO:Collier County Attorney's Office
W. Harmon Turner Building, 8th Floor
3335 East Tamiami Trail
Naples, Florida 34112
AS TO BUYER: RCAMS Advisers, LLC
Michel Saadeh, Managing Director
434 Terracina Court
Naples, FL 34119
I. This Agreement shall be governed by the laws of the State of Florida.
J. This Agreement may be executed in any number of counterparts, any or all of which
may contain the signatures of less than all of the parties, and all of which shall be construed
together as but a single instrument.
K. Possession of the Premises shall be delivered to the BUYER at closing.
L. The word "Closing" or words of similar import as used in this Agreement, shall be
construed to mean the originally fixed time and closing date specified herein or any adjourned
time and date provided for herein or agreed to in writing by the parties, or any earlier date
permitted herein.
M. This Agreement is between SELLER and BUYER and no other party shall, under any
circumstances, be deemed to be a beneficiary of any of the terms and conditions to be performed
by SELLER pursuant to this Agreement.
N. All of the parties to this Agreement have participated fully in the negotiation and
preparation hereof; and, accordingly, this Agreement shall not be more strictly construed against
any one of the parties hereto.
O. Neither this Agreement nor any memorandum or evidence hereof shall be recorded
in any public records by BUYER. If so recorded by BUYER,this Agreement shall be deemed ipso
facto canceled and terminated, the Earnest Money shall thereupon be retained by or paid to
SELLER as liquidated damages for such default, and BUYER shall have no further interest in the
Premises, pursuant to this Agreement or otherwise.
P. Any prior agreements, representations, understandings or oral statements,
including, but not limited to rendering or representations contained in sales brochures, maps,
sketches, advertising or sales materials, and oral statements of sales representatives, if not
expressed in this Agreement, are void, have no effect, and have not been relied upon by BUYER.
f
16B 7
12, OTHER PROVISIONS:
A. SELLER has the right to maintain possession of the property until the date of closing
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of
the day and year first above written.
AS TO SELLER:DATED: L u i/4 125
ATTEST e........... �. F
CRYSTAL K: KIN71� Ci't-erk of the Circuit BOARD OF COUNTY COMMISSIONERS OF
Court and Com•trolt : , COLLIE OUNTY, FLO DA
BY: i l ,s_ .t..�i1r' ;�' BY
Attest t,tt ixiilan's:,+ Dep ' Clerk urt L. Saunders, Chairman
a;
signature 6ttlyd.. )s''
AS TO PURCHASER: RCAMS ADVISERS, LLC, a Florida
Limited Liability Company
DATED: A RA.1.1 IC) 12 CO 2S BYc . m
ichel aadeh, Managing Director
Approve. -1 form and legality:
i•
VMS ar, •ssistant Count Attorney
16B 7
EXHIBIT A
Lot 11, North Naples Research and Technology Park, according to the plat thereof
recorded in Plat Book 41, page(s) 48-50, of the public records of Collier County,
Florida;
AND
Lot 12, North Naples Research and Technology Park, according to the plat thereof
recorded in Plat Book 41, page(s) 48-50, of the public records of Collier County,
Florida;
INSTR 6692108 OR 6477 PG 1523
RECORDED 6/9/2025 2:49 PM PAGES 2
CLERK OF THE CIRCUIT COURT AND COMPTROLLER
Project: Surplus Properties COLLIER COUNTY FLORIDA
• Folio No(s): 64288000402 &64288000389 DOC@.70$9,590.00 REC$18.50
CONS$1,370,000.00 •
Prepared by:
Sonja Stephenson
Collier County—Real Property Management
2685 Horseshoe Dr. S, Suite 103
Naples, FL 34104
STATUTORY DEED
THIS STATUTORY DEED, made this day of Apr; f , 2025, by THE
BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, as the governing
body of COLLIER COUNTY, its successors and assigns, whose mailing address is 2685
Horseshoe Dr. S., Suite 103, Naples, FL 34104, (hereinafter called the Grantor), to RCAMS
ADVISERS, LLC, a Florida Limited Liability Company, its successors and assigns, whose
mailing address is 434 Terracina Court, Naples, Florida 34119, (hereinafter called the Grantee).
(Whenever used herein the terms "Grantor" and "Grantee" include all the parties to this
instrument and the respective heirs, successors, or assigns.)
WITNESSETH that the Grantor, for and in consideration of the sum of Ten Dollars,
($10.00) to it in hand paid by the Grantee, receipt whereof is hereby acknowledged, does hereby
grant, bargain, and sell unto the Grantee, the following described land lying and being in Collier
County, Florida:
Lot 11, North Naples Research and Technology Park, according to the plat thereof recorded in
Plat Book 41, page(s)48-50, of the public records of Collier County, Florida;
AND
Lot 12, North Naples Research and Technology Park, according to the plat thereof recorded in
Plat Book 41, page(s)48-50, of the public records of Collier County, Florida;
Subject to easements, restrictions, and reservations of record.
IN WITNESS WHEREOF the said Grantor has caused these presents to be executed by
and through its Chairman, the day and year aforesaid.
I
ATTEST:
Crystal K. inzel, Clerk of the Circuit COLLIER COUNTY, a political subdivision of
Court and C'.emptroller the S4UCh
Florida
. . By:( By. �1..
�'' airman
'2 , ,,b; ,, Puty CI Attest as to Chairman's
'J.;�"{� 4�')9 • b t ....�'`' Signature only
Appr v d at to form and legality: This conveyance approved by the Board of
County Commissioners, Collier County, Florida
Pursuance to Agenda Date: April 8, 2025,
Item 16.B.7
1
shkar
Assistant County Attorney ‘ W
>P
INSTR 6692107 OR 6477 PG 1520
RECORDED 6/9/2025 249 PM PAGES 3
. CLERK OF THE CIRCUIT COURT AND COMPTROLLER
COLLIER COUNTY FLORIDA
Project: Surplus Properties REC$27.00
Folio No(s):64288000402&64288000389
AFFIDAVIT OF LIMITED LIABILITY COMPANY
BEFORE ME, the undersigned authority, personally appeared Michel Saadeh, as
manager of RCAMS ADVISERS, LLC, a Florida Limited Liability Company, who, being by me
first duly sworn, on Oath, deposes and says that:
1. RCAMS ADVISERS, LLC is a Florida Limited Liability Company.
2. The limited liability company is currently in existence and has not been
terminated or dissolved.
3. The following parties are all of the Managers of the limited liability company:
Me;dele.1
4. Michel Saadeh, as Manager, is authorized by the Articles of Organization to
execute interests in real property on behalf of the limited liability company. including the
conveyance of the property described in Exhibit "A" attached hereto, and all necessary consents
have been obtained.
5. The limited liability company is not currently a debtor in a bankruptcy proceeding
and this conveyance is in the ordinary course of business.
6. Affiant further states that they are familiar with the nature of an oath and with the
penalties as provided by the laws of the State of Florida for falsely swearing to statements made
in an instrument of this nature. Affiant further certifies that they have fully read this affidavit and
understand its contents.
4 0
11/12/:4/1Ae
Witness (Signature) RCAMS ADVISERS, LLC,
a Florida limited liability company
Name (Print or Type) By:
Michel Saédeh, Manager
Witness (Signature)
204 ,\1
Name (Print 1 Type)
(NOTARY JURAT ON FOLLOWING PAGE)
The foregoing instrument was acknowledged before me by means of DAsical presence or
11 online notarization this A- day of )LArst_ , 2025, by Michel Saadeh, as its Manager of
RCAMS Advisers, LLC, a Florida Limited Liability Company, who is [4-15rsonally known to me
or who has [ } produced as identification.
WITNESS my hand and official seal this day of ),At‘p , 2025.
(affix notarial seal)
(Signatof Nqtary Public)
460—A•-(
(Print Name of Notary Public)
SANDY SEMAAN
31,0, Notary Public,State Of Florida NOTARY PUBLIC
Commission No HH 339768
Serial/Commission #(if any): 14 t--k
• my Commission Expires.2/17/2027_ My Commission Expires: "2 I -7/ L-1
Appro s rm and legality:
,Sally shka
Assist aunty Attorney c-ice vo<
ciixo
EXHIBIT "A"
Lot 11, North Naples Research and Technology Park, according to the plat thereof
recorded in Plat Book 41, page(s)48-50, of the public records of Collier County, Florida;
AND
Lot 12, North Naples Research and Technology Park, according to the plat thereof
recorded in Plat Book 41, page(s)48-50, of the public records of Collier County, Florida;
n , .