Loading...
Res 11-97 RESOLUTION NO. 11-97 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE CITY TO PURCHASE FROM SELLER CERTAIN REAL PROPERTY IN PALM BEACH COUNTY, FLORIDA, LOCATED AT 76 S.E. 5TH AVENUE, DELRAY BEACH, FLORIDA, AS MORE PARTICULARLY DESCRIBED HEREIN, HEREBY INCORPORATING AND ACCEPTING THE CONTRACT STATING THE TERMS AND CONDITIONS FOR THE SALE AND PURCHASE BETWEEN THE SELLER AND THE CITY OF DELRAY BEACH, FLORIDA, AND AUTHORIZING THE CITY TO LEASE THE PROPERTY PURSUANT TO THE LEASE INCORPORATED HEREIN. WHEREAS, the City of Delray Beach, Florida, wishes to acquire certain property located at 76 S.E. 5th Avenue; and WHEREAS, the Seller, Jefferson F. Vanderwolk, desires to sell the property hereinafter described to the City of Delray Beach, Florida; and WHEREAS, it is in the best interest of the City of Delray Beach, Florida, to purchase said property for the purpose of providing land adjacent to City-owned land, for parking and for other municipal purposes; and WHEREAS, it is in the best interest of the City to lease the acquired property to the Chamber of Commerce for good and valuable consideration and in order to provide for additional public parking and to insure that at the end of the lease term that the property currently leased to the Chamber and this property can be used for public purposes. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Commission of the City of Delray Beach, Florida, as Buyer, hereby agrees to purchase from Jefferson F. Vanderwolk, as Seller, land for the purchase price of One Hundred and Thirty Thousand Dollars ($130,000.00) and other good and valuable consideration; said parcel being more particularly described as follows: Town of Delray, Lot 18, less East 10 feet road right-of-way, Block 101, as recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida. Section 2. That the terms and conditions in the contract for sale and purchase and addenda thereto between the City of Delray Beach, Florida, and Jefferson F. Vanderwolk are attached hereto as Attachment A and incorporated herein. Section 3. That the City Commission hereby agrees to lease the property described in Section 1, together with property currently under lease located at 56 S.E. 5th Avenue, to the Chamber of Commerce. Section 4. That the terms and conditions of the lease are attached hereto, as Exhibit B and are incorporated herein. PASSED AND ADOPTED in regular session on this the 4th day of February, 1997. ATTEST: ~ City C~rk - 2 - Res. No. 11-97 AGREEMENT FOR PURCHASE AND SALE This Agreement for Purchase and Sale, is made and entered into as of the day of , 1997 by and between Jefferson F. Vanderwolk (Seller), and the City of Delray Beach, Florida, a municipal corporation (hereinafter referred to as the "Purchaser"). WITNESSETH: 1. DEFINITIONS. The following terms as used herein shah have the following meaning: 1.1. ~ - this instrument, together with all exhibits, addenda and proper amendments hereto. 1.2. ~ - the meaning ascribed thereto in Section 6.2 of this Agreement, unless extended by the terms of this Agreement, or by mutual consent of the parties. 1.3. "Effective Date" - the effective date of Agreement shall be the date upon which the City of Delray Beach Commission shall have approved the execution of this Agreement at a formal meeting of Board. 1.4 "Inspection Period" - that certain period of time commencing upon the Effective Date and terminating thirty (30) days thereafter. 1.5 "Permitted Exceptions" - those exceptions to the title of the Property as set forth in Exhibit "B" hereto attached, together with any other title matters that may be waived in writing by the Purchaser. 1.6 "Real Property_" - the real property located at 76 S.E. 5th Avenue, Delray Beach, Florida, legally described in Exhibit "A" attached hereto and made a part hereof, together with all improvements situate thereon. 1.7 "Tangible Personal Property_" or "Personal Property_" - All of Sellers right, title and interest in all appliances, fixtures, equipment, machinery, furniture, carpet, drapes, and other personal property, if any, located on or about the land and the improvements used in the operation and maintenance thereof, except the personal property retained by Seller for the approximately 600 sq. ft. area currently occupied by Seller in the southwestern corner of building. 2. SALE AND PURCHASE. In consideration of the mutual covenants herein contained, and various other good and valuable consideration, Seller agrees to sell and convey to Purchaser and Purchaser agrees to purchase from Seller, on the terms, covenants and conditions hereinafter set forth, the Real Property, and Personal Property together with all right, title and interest of Seller in and to any and all streets, roads, highways, easements, accesses and rights of way appurtenant to the Real Property, together with all improvements located thereon, if any. 3. PURCHASE PRICE AND METHOD OF PAYMENT. 3.1 Ellig, llt~t~P_Ii~. The purchase price of the Property shall be One Hundred and Thirty Thousand Dollars ($130,000.00). 3.2. Payment of Purchase Price. On the Closing Date, Purchaser shall pay at the City's election, by wire transfer of immediately available United States currency or by City check, the total amount of the purchase price of the Property, in United States Currency, subject to any adjustments, credits and prorations as herein provided. 4. ACKNOWLEDGMENTS. REPRESENTATIONS AND WARRANTIES OF SELLER. As a material inducement to Purchaser to enter into this Agreement, Seller hereby acknowledges, represents and warrants to the best of his knowledge to Purchaser as follows: 4.1. That Seller is indefeasibly seized of marketable, fee simple title to the Property, and is the sole owner of and has good right, title and auth6rity to convey and transfer the Property which is the subject matter of this Agreement, free and clear of all liens and encumbrances, excepting only the Permitted Exceptions. 4.2 That there is no litigation, investigation or proceeding pending, or to the knowledge of Seller threatened, which relates to or adversely affect Seller's ability to perform its obligations under this Agreement. 4.3 That there are no judicial or administrative actions, suits or judgments affecting the Property, including without limitation, any such laws, ordinances, rules or regulations of any governmental authority having jurisdiction of the Property. 4.4 That there are no existing or pending special assessments affecting the Property, which are or may be assessed by any governmental authority, water or sewer authority, school district, drainage district or any other special taxing district. 4.5 There are no condemnation, environmental, zoning or other land-use regulation proceedings, either instituted, or planned to be instituted with regard to the Property. 2 4.6 On the Closing Date there will be no outstanding contracts made by Seller for any improvements to the Real Property which have not been fully paid for and Seller shall cause to be discharged all construction liens arising from any labor or materials furnished to the Property prior to the time of Closing. 4.7 All documents executed or to be executed by Seller which are to be delivered to Purchaser at closing will be legal, valid, and binding obligations of Seller. 4.8 There are no service contracts affecting the Property which will survive Closing. 4.9 That all ad valorem real property taxes for the Property have been fully paid for the year 1996, and all prior years. 4.10 That Seller has entered into no other contracts for the sale of any portion of the Property which remain in force. 4.11 That the Property has not in the past been used, and is not presently being used, for the handling, storage, transportation, or disposal of hazardous or toxic substances, wastes or materials. 4.12 It is a condition precedent to closing that all of the representations and warranties of Seller contained in this Agreement shall continue to be true as of the Closing Date, and shall be deemed to be restated and affirmed as of the Closing Date without the necessity of Seller's execution of any document with respect thereto. In the event that any of the Seller's representations shall prove to be materially untrue, Purchaser shall have the right to (i) terminate this Agreement at any time prior to closing upon written notice by Seller, whereupon the parties shall be relieved of all further obligation hereunder; or (ii) proceed to close upon this Agreement without thereby waiving any claim or cause of action against Seller for misrepresentation or breach of warranty. 5. INSPECTION OF PROPERTY. During the Inspection Period, Purchaser and its engineers, surveyors, agents and r~epresentatives shall have access to the Property upon reasonable notice for purposes of survey, testing and inspection thereof. All surveys, testing and inspections shall be conducted by Purchaser at its expense, and shall be performed by licensed persons or fu'ms dealing in the respective areas or matters tested. All testing shall be done in the least intrusive manner, and Purchaser agrees to indemnify Seller to the extent permitted by law from and against any and all loss, damage, cost, expense and/or liability of whatsoever nature arising from or out of Purchaser's, its agents, contractors, employees and invites entry upon and inspection of the Property. Notwithstanding the foregoing, the foregoing indemnification shall not apply to, nor prohibit Purchaser from, the disclosure of the results of said inspections as may be required by applicable law. In the event that such inspections shall reveal a deficiency in the Property, as determined by Purchaser in its sole and absolute discretion, Purchaser shall have the right to terminate this Agreement at any time 3 during the Inspection Period by giving written notice thereof to Seller, whereupon the parties shall be relieved of all further obligation hereunder. 6. CLOSING. The parties agree that the Closing upon the Property shall be consummated as follows: 6.1 Place of Closing. The closing shall be held at a mutually acceptable located to Seller and Purchaser. 6.2 .C,,1.o.,fillg_l).a~. The closing shall take place within thirty (30) days after expiration of the Inspection Period, or at such earlier date as is mutually agreed upon by the parties. 6.3 Closing Documents. At closing, Seller shall deliver or cause to be delivered to Purchaser, the following documents, each fully executed and acknowledged as required. 6.3.1 Statutory. Warranty. Deed. A Statutory Warranty Deed conveying good and marketable fee simple title to the property, subject only to the Permitted Exceptions. 6.3.2 Affidavit of Seller. An Affidavit with respect to construction liens in such form as sufficient to permit a title insurer to delete the "construction lien" exception from the title insurance policy, and stating that the Property is free and clear of all encumbrances, leases, licenses, contracts or claim of rights, which claims may serve as the basis of a construction lien. 6.4 Possession. At closing Seller shall deliver full, complete and exclusive possession of the Property to the Purchaser. 6.5 Purchaser's Obligations. At closing, Purchaser shall deliver, or cause to be delivered, to Seller, the following: 6.5.1 Cash due at Closing. The required payment due as cash due at closing as provided elsewhere herein. 7. EVIDENCE OF TITLE. 7.1. Within thirty (30) days after the Effective Date of this Agreement, the Purchaser shall obtain an owner's title insurance commitment issued by a title insurance company acceptable to Purchaser agreeing to issue to the Purchaser upon the recording of the Statutory Warranty Deed to the Real Property, an owner's marketability title insurance policy in the amount of the purchase price, insuring the marketability of the fee title of the Purchaser to the Real Property, subject only to the Permitted Exceptions. The cost of said commitment and policy and any premium thereafter shall be borne by Purchaser. 4 The Purchaser shall have until the end of the Inspection Period, in which to review same. In the event the title insurance commitment shall show as an exception any matter other than the Permitted Exceptions, Purchaser shall notify Seller of Purchaser's objection thereto, and Seller shall act with reasonable effort to remove such exception(s), which exceptions shall be deemed to constitute title defects. The Seller shall be entitled to thirty (30) days from the date Of notification by Purchaser (with adjournment of the Closing Date if necessary) within which to cure such defects or to make arrangements with the title insurer for the removal of any such objections from the commitment, however, Seller shall have the option of discharging any such matters at closing out of the closing proceeds. If the defect(s) shall not have been so cured or removed from the commitment by endorsement thereto at the termination of the said thirty (30) day period, Purchaser shall have the option of: (a) accepting title to the Property as it then exists; (b) postponing the closing date or (c) terminating this Agreement, by giving written notice thereof to Seller, in which event the parties shall be relieved of all further obligation hereunder. 7.2 Seller shall deliver to Purchaser prior to the Closing an endorsement of the commitment making it effective to within five (5) days of the Closing Date. At closing, the title insurance commitment shall be endorsed to remove any and all requirements or preconditions to the issuance of an owner's marketability title insurance policy, and to delete any exceptions for: (a) any rights or claims of parties in possession not shown by the public records; (b) encroachments, overlaps, boundary line disputes and any other matters which would be disclosed by an accurate survey and inspection of the Property; (c) unrecorded easements and claims of easements (d) unrecorded and construction liens or claims of liens; (e) taxes for the year of closing and all prior years; (f) matters arising or attaching subsequent to the effective date of the commitment but before the acquisition of record of the fee simple title to the Real Property by the Purchaser. 7.3 From and after the Effective Date of this Agreement, Seller shall take no action which would impair or otherwise affect title to any portion of the Property, and shall record no documents in the Public Records which would affect title to the Real Property, without the prior written consent of the Purchaser. 8. ~ Purchaser shall have the right, within the time period provided in Section 7 for delivery and examination of Title Evidence, to obtain a current survey of the Real Property and all improvements thereon. Said survey shall be prepared in accordance with the minimum technical standards for surveys within the State of Florida. If the survey reveals any encroachments, overlaps, boundary disputes or other defects, other than the Permitted Exceptions, which affect marketability of the Property, the same shall be treated as title defects as described in Section 7 of this Agreement and Purchaser shall have the same rights and remedies as set forth therein. 9. ]]2kI)_O.~[_C,u~. Radon is naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon testing may be obtained from your County public health unit. 10. Fa3hP..,[,~,~. Purchaser shall be responsible for preparation of all closing documents. Purchaser shall submit copies of same to Seller no less than five (5) days before scheduled closing. 10.1 Purchaser shall pay the following expenses at closing. 10.1.1 The cost of recording the deed of conveyance. 10.1.2 All costs and premiums for the owners marketable title insurance commitment and policy. 10.2 Seller shall pay the following expenses at closing. 10.2.1 Documentary Stamps required to be affixed to the deed of conveyance, and intangible taxes. 10.2.2 All costs necessary to cure title defect(s) or encumbrances, other than the Permitted Exceptions, and to satisfy or release of record all existing mortgages upon the Property. 10.3 The Seller and Purchaser shall each pay their own attorney's fees. 11. P. K0J?~kTJD~. On or before the Closing Date, Seller shall establish an escrow fund with the County Tax Collector pursu.ant to Florida Statutes Section 196.295, and shall pay into said escrow Seller's prorata portion of ad valorem real property taxes for the year of closing as determined by the Tax Collector. Seller shall pay its prorata share of taxes for the year of closing and any outstanding taxes for years prior to 1997 shall be paid by Seller. 12. ASSESSMENTS. If on the Closing Date, the Property or any part thereof shall be or shall have been affected 'by assessments, which are, or which may become payable in annual installments, of which the fu'st installment is then a charge or lien, or has been paid, then for the purposes of this Agreement, all of the unpaid installments of any such assessments, including those which are to become due and payable after the Closing Date, shall be deemed to be due and payable and to be liened upon the premises affected thereby, and shall be paid and discharged by the Seller on or before Closing Date. 13. CONDEMNATION. In the event that all or any part of the Property shall be acquired or condemned for any public or quasi-public use or purpose, or if any acquisition or condemnation proceedings shall be threatened or begun by a governmental entity other than Purchaser prior to the closing of this transaction, Purchaser shall have the option to either terminate this Agreement, and the obligations of all parties hereunder shall cease, or to proceed, subject to all other terms, covenants, conditions, representations and warranties of this Agreement, to the closing of the transaction contemplated hereby and receive title to the Property, receiving, however, any and all damages, awards or other compensation arising from or attributable to such acquisition or condemnation proceedings. Purchaser shall have the right to participate in any such proceedings. 14. REAL ESTATE BROKER. Seller and Purchaser each represents and warrants to the other that it has not dealt with any broker, salesman, agent or finder in connection with this transaction. Without limiting the effect of the foregoing to the extent permitted by law, each party agrees to indemnify, defend and save the other harmless from the claims and demands of any real estate broker, other than broker, claiming to have dealt with the indemnifying party. Such indenmity shall include, without limitation, the payment of all costs, expenses and attorney's fees incurred or expended in defense of such claims or demands. The terms of this Section shall survive the closing or termination of this Agreement. 15. F~A. Seller represents and warrants to Purchaser that Seller is not a "foreign person" as defined by the Federal Foreign Investment in Real Property Tax Act, (the "Act"). At closing, the Seller shall execute and deliver to Purchaser, a "Non-Foreign Certificate", as required by the Act. Seller acknowledges that in the event Seller fails to deliver the Non-Foreign Certificate, Purchaser shall be authorized to withhold from the closing proceeds an amount equal to ten percent (10%) of the gross amount of the purchase price, and to remit same to the Internal Revenue Service, as required by the Act. 16. NOTICES. All notices and elections (collectively, "notices") to be given or delivered by or to any party hereunder, shall be in writing and shall be (as elected by the party giving such notice) hand delivered by messenger, courier service or Federal Express, or alternatively shall be sent by United States Certified Mail, with Return-Receipt Requested. The effective date of any notice shall be the date of delivery of the notice if by personal delivery, courier service or Federal Express, or if mailed, upon the date which the return receipt is signed or delivery is refused or the notice designated by the postal authorities as non- deliverable, as the case may be. The parties hereby designed the following addresses as the addresses to which notices may be delivered, and delivery to such addresses shall constitute binding notice given to such party: 16.1 Purchaser: City of Delray Beach, Florida 100 N.W. 1st Avenue Delray Beach, Florida 33~.~.~. Atto: David Harden, City Manager With a copy to: Susan A. Ruby, Esq., City Attorney 200 N.W. 1st Avenue Delray Beach, Florida 33~.~?, Phone: (407) 243-7091 Fax: (407) 278-4755 16.2 Seller: Jefferson F. Vanderwolk Address: Phone: Any party may from time to time change the address to which notice under this Agreement shall be given such party, upon three (3) days prior written notice to the other parties. 17. A~,qJ~d~?,12~. Neither Purchaser nor Seller shall assign this Agreement or any interest herein without the prior written consent of the other party. 18. ENFORCEMENT COSTS. In the event any action, suit or proceeding is commenced with respect to interpretation or enforcement of this Agreement, the prevailing party therein shall be entitled to recover all costs, expenses and fee, including, without limitation, reasonable attorney's fees, expended or incurred by such party in connection therewith, including any such costs expenses and fees upon appeal and in post judgment proceedings. 19. DEFAULT. In the event Seller fails or refuses to perform any term, covenant, or condition of this Agreement, Purchaser shall, in addition to any other remedies provided at law or in equity, have the right of specific performance thereof. 20. GOVERNING LAW & VENUE. This Agreement shall be governed by, construed and enforced in accordance with, the laws of the State of Florida. Venue in any action suit or proceeding in connection with this Agreement shall be in Palm Beach County, Florida. 21. BINDING EFFECT. This Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective legal representatives, successors and assigns. 22. NO RECORDING. Neither this Agreement, nor any memorandum or short form hereof, shall be recorded in the Public Records of Palm Beach County, Florida. 23. TIME OF ESSENCE. Time is of the essence with respect to the performance of each and every provision of this Agreement where a time is specified for performance. 24. INTEGRATION. This Agreement constitutes the entire understanding and 'Agreement between the parties with respect to the subject matter hereof, and may not be modified or amended, except in a writing signed by all of the parties hereto. 25. EFFECTIVE DATE OF AGREEMENT. This Agreement is expressly contingent upon the approval of the City Commission of the City of Delray Beach. 26. H.EAI~L~. The paragraph headings or captions appearing in this Agreement are for convenience only, are not part of this Agreement, and are not to be considered in interpreting this Agreement. [This page is intentionally left blank] IN WITNESS WHEREOF, the parties have caused this Agreement to be executed in their respective names, on the dates set forth below. Signed, sealed and delivered in the presence of.' Date of Execution by Seller: , 1997 WITNESSES: JEFFERSON F. VANDERWOLK Wimess Signature Name Printed or Typed State of Florida County of The foregoing instrument was acknowledged before me this day of , 1997 by (name of person acknowledging), who is personally known to me or who has produced (type of identification) as identification and who did (did not) take an oath. Signature of Notary Public - State of Florida Print, Type, or Stamp Name of Notary Public 10 Date of Execution by Purchaser: ,1997 CITY OF DELRAY BEACH, FLORIDA, a Florida municipal corporation By: Title: ATTEST: City Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: City Attorney vander.agt 11 EXHIBIT "A" Town of Delray, Lot 18, less East 10 feet road right-of-way, Block 101, as recorded in Plat Boole 1, Page 3 of the Public Records of Palm Beach County, Florida. Tax ID Number or Folio Number of Property: 12-43-46-16-01-101-0180 Grantee's Social Security Number or Tax ID Number Prepared by and AFTER RECORDING RETURN TO: City Atlnrn~y 200 N.W. 1st Avenue Delray Beach, Florida 33444 STATUTORY WARRANTY DEED JEFFERSON VANDERWOLK, ("Grantor") whose address is , for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) paid to Grantor and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, as GRANTED, SOLD and CONVEYED and does hereby GRANT, SELL and CONVEY unto the City of Delray Beach, whose address is 100 N.W. 1st Avenue, Delray Beach, Florida, 33~.'!.~. in fee simple tide, that certain land located in Palm Beach County, Florida, being more particularly described in ~, attached hereto and incorporated herein by reference, together with all improvements, if any, located on such land (such land and improvements being collectively referred to as the "Property"). This conveyance is made and accepted subject to all matters (the "Permitted Exceptions") set forth in ~, attached hereto and incorporated herein by reference. TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances pertaining thereto, including all of Grantor's right, title and interest in and to adjacent streets, alleys and rights-of-way, subject to the Permitted Exceptions, unto Grantee and Grantee's heirs, successors and assigns forever. And Grantor hereby covenants with Grantee that, except as above noted, that at the time of the delivery of this Warranty Deed the Property was free from all encumbrances made by it and that Grantor will warrant and defend the same against the lawful claims and demands of all persons claiming by, through or under Grantor, but against none other. EXECUTED on the date set forth in the acknowledgment attached hereto to be effective as of the ~ day of ,199 WITNESS: JEFFERSON VANDERWOLK Name: Grantor State of Florida County of The foregoing instnmaent was acknowledged before me this day of , 1997 by (name of person acknowledging), who is personally known to me or who has produced (type of identification) as identification and who did (did no0 take an oath. Signature of Notary Public - State of Florida Print, Type, or Stamp Name of Notary Public EXHIBIT "A' Town of Delray, Lot 18, less East 10 feet road right-of-way, Block I01, as recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida. EXI-IIBIT B TO STATUTORY WARRANTY DEED PERMITTED EXCEPTIONS TO DEED 1. Taxes and assessments for the year of 1997 and subsequent years, which are not yet due and payable. JEFFERSON F. VANDERWOLK, [1]("Assignor"), for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration paid to Assignor by [2] the City of Delray Beach ("Assignee"), the receipt and sufficiency of which are hereby acknowledged, has ASSIGNED, SOLD, CONVEYED and DELIVERED, and does hereby ASSIGN, SELL, CONVEY and DELIVER unto Assignee, its successors, heirs, executors, administrators personal representatives and assigns, all of Assignor's right, title and interest, if any, in and to the following: 1. All of the fixtures, equipment, machinery, furniture and other personal property (the "Personal Property") placed or installed on or about the real property (the "Real Property") being more particularly described in ~, attached hereto and incorporated herein by reference; and, 2. All intangible property (the "Intangible Property") pertaining to the Real Property or the Personal Property or the use thereof including, without limitation, transferable utility contracts, transferable telephone exchange numbers, plans and specifications, engineering plans and studies, floor plans and landscape plans relating to the same or any part of the same, except as set forth in the contract for sale and purchase. 3. The Assignor for itself and its successors, covenant to and with the Assignee, its successors and assigns, that it is the lawful owner of the personal property and intangible property; that they are free from all encumbrances; that it has good right to sell the aforesaid, and that it will warrant and defend the sale of the personal property and intangible personal property on behalf of the Assignee, its successors and assigns, against the lawful claims and demands of all persons whomsoever. By acceptance of this Bill of Sale, Assignee accepts and agrees to all matters set forth herein. EXECUTED this ~ day of ,199 JEFFERSON F. VANDERWOLK WITNESSES: Name: Name: EXHIBIT "A" Town of Delray, Lot 18, less East 10 feet road right-of-way, Block 101, as recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida. AMENDED AND RESTATED LEASE This Amended and Restated Lease is made this ~ day of , 1997 by and between the City of Delray Beach, a Florida Municipal Corporation, (Lessor), and Greater Delray Beach Chamber of Commerce, Inc., (Lessee), and collectively referred to as the Parties. WITNESSETH: WHEREAS, the Lessor and the Lessee entered into a Lease of the property located at 64 S.E. 5th Avenue, Delray Beach, Florida dated June 20, 1967, which was amended January 23, I968, July 9, 1968 and January 9, 1996; and, WHEREAS, the parties desire to amend and restate the lease dated January 9, 1996 to include additional property located at 76 S.E. 5th Avenue; and, WHEREAS, the lease of the additional property will be non-exclusive, in that the unbuilt upon portion of the additional property will be used as additional public parking. NOW, THEREFORE, the Parties in consideration of the covenants herein contained agree as follows: 1. Prem~es. Lessor hereby leases to Lessee property located at 64 S.E. 5th Avenue, Delray Beach, Florida, and 76 S.E. 5th Avenue, Delray Beach, Florida legally described as: The South fifty-two (52) feet of Lot 17, Block 101, Delray Beach (formally Town of Linton) according to the plat thereof in Plat Book 1, Page 3, of the public records of Palm Beach County, Florida, and Town of Delray, Lot 18, less East 10 feet road right-of-way, Block 101, as recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida The leased premises includes all improvements and appurtenances thereto. Lessor acknowledges that Lessee has constructed a building on the premises and desires to occupy and construct further improvements on the premises to be used for a Chamber of Commerce building. The Lessee shall allow on the additional leased premises public parking on that part of the property not currently used for the structure located thereon. 2. Rent: Lessee shall pay to Lessor in addition to the monies previously paid, $65,000.00 due and payable on or before September 30, 1997. 3. Term and Commencement Date. The Lease shall be for a term of sixty-five years (65) from the date of execution of the previous lease agreement through January 31, of 2060. 4. Use of Premises. The Lease is made by the Lessor for the purpose of enabling Lessee to maintain on the above-described property, a building to be used for a Chamber of Commerce building and to provide additional public parking. In the event that this property should ever be used for any other purpose, then this lease may be terminated by the Lessor, by giving the Lessee, or its successors or assigns, thirty (30) days notice of intention to terminate this Lease. The Lessee covenants that it will make no unlawful, improper or offensive use of said premises. 2 5. Assi_tmment and Subletting/Encumbrances. The Lessee shall not assign mortgage, pledge or encumber this Lease in whole or in part, nor sublet any part of the leased premises without the prior consent of the Lessor, except that Lessee may sublet the premises or a part thereof, to Jefferson F. Vanderwolk for up to five (5) years from the date of execution of this agreement upon terms outlined in the letter attached as Exhibit A to this agreement. 6. Repairs and Maintenance. The Lessee shall maintain the leased premises including all alterations thereto, at its own expense and shall keep the leased premises in safe condition and in good repair. 7. Indemnification. Lessee shall indemnify, defend and hold harmless the City from and against any and all judgments, damages, claims, demands, losses, causes of action, and other costs and expenses, including reasonable attorneys fees incurred in the defense thereof, that may be incurred'by the Lessor or alleged against the Lessor by reason of any loss, damage or injury to any person or property resulting directly or indirectly by reason of the use and occupancy of premises, or by the reason of the act, or failure to act by the Lessee, its agents, employees or representativeS. 8. ~ Lessee shall, during the entire term hereof, carry liability insurance and property damage insurance acceptable to the City. The insurance shall cover all improvements. The City in its discretion may review the insurance types and amounts from time to time and request that additional insurance be maintained and provided. 9. Alterations/Expansion. The Lessee shall obtain written approval of the City for any expansion of the building on the premises. All work done by Lessee in connection with any alterations, repairs, and maintenance on the premises shall be done in a good and workmanlike manner and shall be diligently prosecuted to completion in accordance with the plans and specifications therefore. 10. Surrender of Premises. Lessee agrees that if Lessee violates any of the covenants of this Lease, that it will become a tenant at sufferance and the Lessor shall be entitled to re-enter and re-take possession of the above-described premises upon granting the thirty (30) days notice as above set forth. Upon termination or expiration of this Lease, Lessee at its sole cost and expense, shall remove Lessee's personal property and removable fixtures and equipment from the Premises. Upon surrender of the Premises, title to any and all improvements shall be vested in Lessor. 11. Taxes/Assessments/Utilities. Lessee shall pay all taxes, special assessments, or fees imposed on the property. The Lessee shall contract and pay for all utilities and services required by the Lessee in furtherance of their use of the property and improvements situated on the property. 12. Events of Default. The occurrence of one or more of the following shall constitute an Event of Default by Lessee: (i) Lessee shall fail to perform or observe any of the agreements, covenants or conditions contained in the Lease on Lessee's part to be performed or observed and such failure continues for more than thirty (30) days after notice from Lessor; (ii) Lessee shall vacate or abandon the premises; (iii) Lessee's leasehold estate shall be taken by execution, attachment or process of Law. (iv) The Lessee uses the premises in violation of Paragraph 4 and fails to cease the improper use within the thirty (30) days notice of default given to Lessee. If an Event of Default occurs, the Lessor shall have the right to give Lessee 4 notice that Lessor intends to terminate this Lease upon a specified date not less than thirty (30) days after the date notice is received by Lessee, or within the time frames provided in this agreement. This Lease shall then expire on the date specified, as if the date had been originally fixed as the expiration date of the term of this Lease. If however, the default is cured within the aforementioned time periods, and the Lessor is so notified, this Lease will continue. 13. Damage or Destruction By Fire. War, or Act of GOd. In the event the improvements placed on the land by Lessee shall be destroyed, damaged or injured by fire or other casualty during the term of this Lease or any extension thereof, the Lessee shall commence restoration thereof within one hundred twenty (120) days and thereafter diligently pursue the restoration to completion. Notwithstanding the foregoing, in the event of such casualty, Lessee shall have the right, to be exercised in its sole discretion, to terminate this Lease. In the event Lessee elects to terminate this Lease, Lessee shall fh'st place the Premises in a safe and sightly condition and shall, at the request of the Lessor, remove any improvements which are materially damaged. 14. Quiet E~oyment. Upon payment of rent and other charges herein provided, Lessee shall peaceably and quietly hold and enjoy the premises for the term hereby demised without hindrance or interruption by Lessor or any other person or persons lawfully or equitably claiming by, through or under the Lessor, subject, nevertheless to the terms and conditions of this Lease. 15. ~. Lessee shall not record this Lease, or any memorandum thereof, without the written consent and joinder of Lessor. 5 16. Waiver of Jury Trial. The parties hereto waive trial by jury in connection with proceedings or counterclaims brought by either of the parties hereto against the other, in connection with this Lease. 17. Governing Law. This Lease shall be governed by and interpreted according to the laws of the State of Florida and venue shall be in Palm Beach County. 18. Waiver. Accord. Satisfaction. The waiver by Lessor of any default of any term, condition or covenant herein contained shall not be a waiver of such term, condition or covenant, or any subsequent default of the same or any other term, condition or covenant herein contained. 19. Notices. Any consents, approvals, permissions and notices shall be effective and valid only if in writing mailed on or hand-delivered to: a) If to the Lessor: City Manager 100 N.W. 1st Avenue Delray Beach, FL 33~.~~. b) If to the Lessee: President of Chamber of Commerce 64 S.E. 5th Avenue Delray Beach, FL 33~.~.~. 20. Entire A~eement. This Lease constitutes all agreements, conditions and understandings between Lessor and Lessee concerning the premises. All representations, either oral or written, shall be deemed to be merged into this Lease. Except as herein 6 otherwise provided, no subsequent alteration, waiver, change or addition to this Lease shall be binding upon Lessor or Lessee unless reduced to writing and signed by them. IN WITNESS WItEREOF, the parties hereto have executed this Amended and Restated Lease on the date fa'st above written. ATTEST: CITY OF DELRAY BEACH, FLORIDA By: By: City Clerk Mayor Approved as to legal form and sufficiency: By: City Attorney CHAMBER OF COMMERCE OF WITNESSES: DELRAY BEACH, FLORIDA By: , Signature Name printed or typed (Corporate Seal) Signature Name printed or typed 7 CORPORATE ACKNOWLEDGMENT CERTIFICATE State of Florida County of The foregoing instrument was acknowledged before me this day of , 1997 by (name of officer or agent, title of officer or agent) of (name of corporation acknowledging), a (s~ate or place of incorporation) corporation, on behalf of the corporation. He/She is personally known to me or has produced (type of identification) as identification and did (did not) Ud~e an oath. Signature of Notary Public - State of Florida Print, Type or Stamp Name of Notary Public chamber'2agt 8 ~vfr. Dave I"L~'den, ~.~ Mzr~ger ~y of De!my ~ 1~ ~ ~ Av~uue ~ Dav~ FoH~ u~ on ~ ~on a~t ~e ~h~ws ~~ ~on, I've ~c a~u~ ~e 0~ ~ ~ I~ V~d~ Wo~ for ~e ~~ I~ We ~ve no ~n con~ (~ou~ we ~d ~d one ~o I~, ~ we ~ ~ ~o ~bI~ ~ wo~ ~ ~ ~ ba~ awa~ ~m ~e ~j~ ~ey were: 1) We ~ov~ ~t ~e c~r of ~no~g ~e ~~ ~d m~g d~ cod~ ~ ~~e for ~d we ~piy ~ot ~ ~=nt ~ to do ~e ~j~. We ~ve done ~e ~~g we ~ be abIe m ~ ~d=nt mone7 to do ~ I = ~ ~g you a co~ of ~e ~g ap~ ~t we ~d done by Ie~ A~~ ~~. ~ you ~ ~, ~e a~r ~ve ~e o~on ~t ~e ~e~ ~ue ~ ~2~,~. I~ V~d= Wo~ ~ou~t ~e ap~ w~ low so we n~o~ ' ~o~g on or about ~~= 31, 1~" ' ~ y~ ~ ~'~ ~e ~e ~ace ~. V~der Wo~' office ~y- .. foo ~ve, ~ I ~d~~ ~ ~~ ~t we ~ve ~~, ~d of ~e ~-~ - ~e wo~d now p~ ~e ~~ ~ ~. V~der Wo~ for ~e ~e ~ce a~d m. ~e ~r wo~d ~ !~m ~e ~ ~ ~e d~ for ~,~ ~ ~e m= I~ co~e ~ ~e ~ we ~ve on ~e adjacent p~ at ~ SE 5~ Argue. We, of co~, wo~d h~ ~e o~er ~ of ~ a~~t ~ ~. V~der Wo~. Da~, I ho~ ~ M =nou~ m ge~ s~ om We ~d ~m to ~ V~der Wo~ ~t we ~ou~t we ~d do~ ~ ~ ~ =d of ~e y~. S~y, Wltllam I- Wood P~dent ~ S.~ ~ Av~ue, D~7 B~ ~o~da 33~3 ,..,., (:lTV DF DELRFI¥ BEl:lgfl DELRA¥ BE^CH 'llllJAll'AmerioaCity DAT~: ]anua~ 2Z, 1997 1993 TO: City Commission FROM: Susan A. Ruby, City Attorney SUBJECT: Contract for Sale and Purchase of Property Adjacent to Chamber Located at 76 S.E. 5th Avenue and Amended and Restated Lease Between the City and the Chamber The City currently leases property it owns to the Chamber of Commerce. The purchase of this additional property will enable the City to aggregate property for parking and other public purposes in the furore. The amended lease to the Chamber of this additional property will enable the City to acquire additional parking now and provide for parking in the furore. The essential terms of the purchase are as follows: 1. The City shall purchase the property for $130,000,00. 2. The closing date is scheduled for April 7, 19997. 3. The City is to pay for the title insurance and recording of the deed. 4. The Seller shall pay all documentary stamps, and intangible taxes and cost of any cure to the title and satisfaction of existing mortgage. The essential terms of the Amended and Restated Lease between the City and the Chamber of Commerce are as follows: I. The Chamber shall pay to the City, in addition to monies previously paid, $65,000.00 on or before September 30, 1997 to lease the additional property with the understanding that the unbuilt upon portion of the newly acquired property will be used for public parking. /o.A- Prif~to~_i on Pec}/cl~,,rl Pape~ City Commission January 22, 1997 Page 2 2. The Amended Lease permits the Chamber to sublet part of the premises to the current owner (approximately 608 sq. fi. in the S.W. wing) for three years with a two year option at $7.00 a square foot. 3. The Lease shall expire on January 31, 2060 which is the same as the previous lease to the Chamber. Please call me if you have any questions regarding the Contract for Sale and Purchase or the Amended and Restated Lease. By copy of this memorandum to David Harden, City Manager, our office requests that this resolution incorporating that this contract for Sale and Purchase and the Amended and Restated lease be placed on the regular agenda as a public hearing item for February 4, 1997. SAR:ci Attachments cc: David Harden, City Manager Bill Wood, President, Chamber of Commerce Mr. Jefferson K. Vanderwolk Alison MacGregor Harty, City Clerk vander2.sar NOT~CE IS HEREB~ GIVEN, that Cit~ o~ Delra~ Beach, FlOrida, has a~ ~ C~m~ ~ Com~ce Fu~r i~ti~, as available, may ~ ~ CiTY OF DELRAY BEACH DA B~ Ali~ ~Gr~ ~a R~ N~ [ITY OF DELRR¥ BEII[tt Writer's Direct Line: (561) 243-7091 DELRAY BEACH Ali.America City MEMORANDUM DATE: January 22, 1997 1993 TO: Alison MacGregor Harty, City Clerk FROM: Susan A. Ruby, City Attorney SUBJECT: Contract for Purchase of Property Adjacent to Chamber and Amended and Restated Lease Between City and Chamber of Commerce Please advertise the Notice of Intent to Sell and Lease Property as it pertains to the attached resolution, which incorporates the Terms of the Contract for Sale and Purchase with Mr. Vanderwolk and the Amended and Restated Lease between the City and the Chamber, on January 24, 1997 and January 31, 1997. The resolution, contract for sale and purchase and the lease should be put on the February 4, 1997 Commission agenda. Please call if you have any questions. SAR:ci Attachment 76se5th.sar NOTICE OF INTENT TO SELL AND LEASE REAL PROPERTY NOTICE IS HEREBY GIVEN, that the City of Delray Beach, Florida, has determined to buy and lease the following described property: Lot 18, Town of Delray, less East 10 feet road right-of-way, Block 101, as recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida. The sale and lease of the property is for appropriate consideration and for public purposes. The contract for sale and purchase is between the City and Jefferson F. Vanderwolk. The lease of the property is between the City and the Chamber of Commerce. Further information, as available, may be obtained from the City Attorney's Office. The City Commission of the City of Delray Beach, Florida, shall hold a public hearing on the proposed purchase and lease at their regular City Commission meeting of February 4, 1997 at 7:00 p.m. in the City Commission Chambers, City Hall. CITY OF DELRAY BEACH, FLORIDA By: Alison MacGregor Harty City Clerk Publish: The News ,,nS' January,~4~, 1997 January 31, 1997