1980-33`~ (-~ - ~ 3
CONTRACT FOR SALE AND PURCHASE
This Agreement, by and between INLAND GROVES CORP. , as to
Parcel 1 and C. M. POOL & SONS, INC. , as to Parcel 2, hereinafter referred
to as Sellers; and the CITY OF CLERMONT, a municipal corporation, Lake
County, Florida, hereinafter referred to as Buyer.
The parties hereto, in consideration of the mutual covenants and
promises contained herein, agree that the Sellers shall sell and the Buyer shall
buy the parcels described herein upon the following terms and conditions:
1. The legal description of the property is
Parcel 1: Tracts 58 and 59, and the usable land of
Tract 60, Groveland Farms, Section 21,
Township 22 South, Range 25 East, Lake
County, Florida.
Parcel 2: The usable land of Tracts 6 and 7, Grove-
land Farms, Section 28, Township 22 South,
Range 25 East, Lake County, Florida.
Together with easement for ingress, egress and sanitary
sewer lines over Tract 57.
2. The total sales price is SEVEN THOUSAND AND NO/100 ($7, 000. 00)
DOLLARS cash per acre of land as determined by a survey of the property to
be furnished by Seller prior to closing.
3. Parcel 1 shall be conveyed to closing by good and sufficient Warranty
Deed free and clear of all encumbrances, upon payment of the sum specified in
Paragraph 2. Parcel 2 shall be leased to Buyer at the annual rental of FIVE
HUNDRED AND NO/100 ($500. 00) DOLLARS per acres of land. The lease
shall expire on November 1, 1981, at which time Buyer shall have the option
to purchase Parcel 2, upon payment of the sum specified in Paragraph 2, less
a credit to Buyer for the amount of the lease payments to Seller.
4. Sellers shall deliver to Buyer a Title Insurance Commitment evi-
dencing marketable title free and clear of all encumbrances ten (10) days prior
to closing.
5. This Agreement is subject to and conditioned upon approval by
governmental agencies for Buyer to use said property as site for upland spray
irrigation of secondarily treated effluent at the rate of 4" per acre per week.
6. Sellers grant to Buyer an exclusive option to purchase on Tract 57,
Groveland Farms, Section 21, Township 22 South, Range 25 East, and Tract 8,
Groveland Farms, Section 28, Township 22 South, Range 25 East, for a period
of five (5) years for the total sales price of SEVEN THOUSAND AND NO/100
($7, 000. 00) DOLLARS cash per acre of usable land. The option shall be
exercised by Buyer by written notice to Sellers at least ninety (90) days prior
to termination of the option.
7. This transaction shall be closed upon receipt by Buyer of prelimi-
nary approval by the governmental agencies, but not later than February 1, 1981.
8. Sellers shall be entitled to the 1980-81 citrus fruit crop produced
upon the citrus trees located on all property described in Paragraph 1, together
with the right to enter upon said property to harvest such crop.
DATED this 29th day of July, A. D. 1980.
ATTEST:
ATTEST:
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CITY OF CLERMONT
By : ~~ ~~vu.p-ter..
Buyer
INLAND GROVES CORP.
• i`~~ ~-
Seller
ATTE
C. M. POOL & SONS, INC.
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Seller
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80-33
CONTRACT FOR SALE AND PURCHASE
This Agreement, by and between INLAND GROVES CORP. , as to
Parcel 1 and C. M. POOL & SONS, INC. , as to Parcel 2, hereinafter referred
to as Sellers; and the CITY OF CLERMONT, a municipal corporation, Lake
County, Florida, hereinafter referred to as Buyer.
The parties hereto, in consideration of the mutual covenants and
promises contained herein, agree that the Sellers shall sell and the Buyer shall
buy the parcels described herein upon the following terms and conditions:
1. The legal description of the property is
Parcel 1: Tracts 58 and 59, and the usable land of
Tract 60, Groveland Farms, Section 21,
Township 22 South, Range 25 East, Lake
County, Florida.
Parcel 2: The usable land of Tracts 6 and 7, Grove-
land Farms, Section 28, Township 22 South,
Range 25 East, Lake County, Florida.
Together with easement for ingress, egress and sanitary
sewer lines over Tract 57.
2. The total sales price is SEVEN THOUSAND AND NO/100 ($7, 000. 00)
DOLLARS cash per acre of land as determined by a survey of the property to
be furnished by Seller prior to closing.
3. Parcel 1 shall be conveyed to closing by good and sufficient Warranty
Deed free and clear of all encumbrances, upon payment of the sum specified in ,
Paragraph 2. Parcel 2 shall be leased to Buyer at the annual rental of FIVE
HUNDRED AND NO/100 ($500. 00) DOLLARS per acres of land. The lease
shall expire on November 1, 1981, at which time Buyer shall have the option
to purchase Parcel 2, upon payment of the sum specified in Paragraph 2, less
a credit to Buyer for the amount of the lease payments to Seller.
4. Sellers shall deliver to Buyer a Title Insurance Commitment evi-
dencing marketable title free and clear of all encumbrances ten (10) days prior
to closing.
5. This Agreement is subject to and conditioned upon approval by
governmental agencies for Buyer to use said property as site for upland spray
irrigation of secondarily treated effluent at the rate of 4" per acre per week.
6. Sellers grant to Buyer an exclusive option to purchase on Tract 57,
Groveland Farms, Section 21, Township 22 South, Range 25 East, and Tract 8,
Groveland Farms, Section 28, Township 22 South, Range 25 East, for a period
of five (5) years for the total sales price of SEVEN THOUSAND AND NO/100
($7, 000. 00) DOLLARS cash per acre of usable land. The option shall be
exercised by Buyer by written notice to Sellers at least ninety (90) days prior
to termination of the option.
7. This transaction shall be closed upon receipt by Buyer of prelimi-
nary approval by the governmental agencies, but not later than February 1, 1981,
8. Sellers shall be entitled to the 1980-81 citrus fruit crop produced
upon the citrus trees located on all property described in Paragraph 1, together
with the right to enter upon said property to harvest such crop.
DATED this 29th day of July, A. D. 1980.
ATTES'1
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ATTEST:
CITY OF CLERMONT
Buyer
INLAND GROVES CORP.
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Seller
C. M. POOL & SONS, INC.
By:
Seller
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CITY OF CLERMONT
P.O. BOX 219 ~ CLERMONT, FLORIDA 32711 • PHONE 904/394-4081
August S, 1980
Mrs. Florence Pool
1304 Tenth Street
Clermont, Florida 32711
Dear Florence:
The City Council of the City of Clermont, at a Special. Meeting held
on July 30, 1980 voted unanimously to approve of the option agree-
ment on the Pool and Inland Groves Property. A signed copy of the
Agreement is enclosed.
We appreciate your cooperation in offering the City a spray irriga-
tion site for the City's secondarily treated effluent.
One of the great strengths of the Clermont Community is that we
have citizens, such as yourself, who are willing to work with the
City to improve our community.
Once again, Florence, I would like to express my sincere thanks on
behalf of the City Council and the citizens of Clermont.
Respectfully,
~~~~`~~ _
Claude E. Smoak, .Jr.
Mayor
CES:pm
Enclosure