Resolution 1985-117
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May 21, 1985
RES9LUTION NO. 85-~
RESOLUTION APPROVING THE EXCHANGE OF DELTONA'S
TRACTS "Dft AND "Eft, MARCO BEA~H UNIT 7, FOR
COLLIER COUNTY'S ACCEPTANCE OF CONSTRUCTED
ROADS IN MARCO BEACH UNITS 1 THROUGH 15 AND
21 THROUGH 23 AND RELEASE OF DELTONA'S BOND
OBLIGATIONS WITH REGARD TO TRANSPORTATION
RELATED CONSTRUCTION IN SAID UNITS.
l'lHEREAS, Collier County is willing to accept those con-
structed roadways located in Marco Beach Units 1 tijrough 15,
inclusive, and 21 through 2~, inclusive, and to release The
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Deltona Corporation from th~se performance bonds which cur-
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rently guarantee the performance of transportation related
construction in said Unitsl and
WHEREAS, The Deltona Corporation, in consideration for the
acceptance of such roadways and release of the above-described
obligations, is ~illing to convey to Collier County Tracts "0"
and "E" of Marco Beach Unit 7, containing 3.00 acres and 1.51
acres, respectively, more or less1
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF COUNTY COMMIS-
SIONERS OF COLLIER COUNTY, FLORIDA that:
1. The Board hereby approves an Agreement between The
Deltona Corporation and Collier County which provides that
Oeltona will convey to the County Tracts "0" and "E" of Marco
Beach Unit 7 in exchange for the€ounty's acceptance of roadways
located in Marco Beach Units 1 through 15, inclusive, and 21
through 23, inclusive, as such constructed roads currently exist.
In addition, Collier County will release The Oeltona Corporation
from all performance bonds guaranteeing transportation related
construction in Units 1 through 15 and 21 through 23.
2. Prior to the Chairman of the Board of County Commis-
sioners executing said Agreement, the Agreement shall be reviewed
and approved by the Collier County Engineering Department to
assure that all related engineering and transportation considera-
tions h~ve been properly addressed.
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OB7 n~! 321
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May 21, 1985
3. Prior to the Chairman of the Board executinq said Aqree-i
ment, the County Attorney shall verify mar~etable title bY,mea~s
of an owners title insurance policy and shall approve the le~al
sufficiency of the Agreement which shall have provisions inclu-
dinq, but not limited to, the followinq:
a. Tracts "D" and "E" shall be conveyed to County
within seven (7) days after execution of the Agreement by
the Chairman of the Board.
b. The County shall be responsible for real estate
taxes for the year 1985 and thereafter.
c. Oeltona shall be responsible for documentary stamps
and Collier County shall be responsible for recording the
deed and other recording fees, if any.
d. The COllnty shall acquire title insurance on the
property at County expense.
This Resolution adopted after motion, second and roll call
vote as follows:
Commissioner
Pistor Motioned and aye
Holland Seconded and aye
Hasse Aye
Goodnight Aye
Voss Aye
Commissioner
Commissioner
Commissioner
Commissioner
DATED: May 21, 1985
.y,1 M~~q':
",~,~",'WI:L.L:,~, V:',J, REAGAN, Clerk
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BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA
By, ~C<~
FREDE K J. OSS, Chairman
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Approved as to form and
legal sufficiency:
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Kennet B. Cuyl
Assistant County Attorney
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