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Fort Walton Beach Ordinance — 2075--17 Industrial Street NW-Sale of Property — reading text

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CONSULT AN APPROPRIATE 345 PROFESSIONAL FOR LEGAL ADVICE ( FOR EXAMPLE, INTERPRETING CONTRACTS, DETERMINING THE 346 EFFECT OF LAWS ON THE PROPERTY AND TRANSACTION, STATUS OF TITLE, FOREIGN INVESTOR 347 REPORTING REQUIREMENTS, ETC.) AND FOR TAX, PROPERTY CONDITION, ENVIRONMENTAL AND OTHER Buyer ('fir ) ( )and Seller / nas) (_) acknowledge receipt of a copy of this page, which is Page 7 of 8 Pages. CC -5 Rey 9/ 17 02017 Florida Rea9ors- 6erieW 09497F1001624224092 Form Simplicity 346 ADVICE. BUYER ACKNOWLEDGES THAT BROKER DOES NOT OCCUPY THE PROPERTY AND THAT ALL 349 350 REPRESENTATIONS ( ORAL, WRITTEN OR OTHERWISE) BY BROKER ARE BASED ON SELLER 351 REPRESENTATIONS OR PUBLIC RECORDS UNLESS BROKER INDICATES PERSONAL VERIFICATION OF 352 THE REPRESENTATION. BUYER AGREES TO RELY SOLELY ON SELLER, PROFESSIONAL INSPECTORS AND 353 GOVERNMENTAL AGENCIES FOR VERIFICATION OF THE PROPERTY CONDITION, SQUARE FOOTAGE AND FACTS THAT MATERIALLY AFFECT PROPERTY VALUE. 354 355 Each person signing this Contract on behalf of a party that is a business entity represents and warrants to the other 356 party that such signatory has full power and authority to enter into and perform this Contract in accordance with its 357 terms and each person executing this Contract and other documents on behalf of such party has been duly authorized to do so. 358 ill 7U/' pin Date: 5/ 5/ 2021 Signature of Buyer 359 William Augustus Bowles Foundation, Matt Turpin Tax ID No.: Typed or Printed Name of Buyer) 360 Title: President Telephone: 361 Date: Signature 362 Tax ID No.: Typed or Printed Name of Buyer) 363 Title: Telephone: 364 Buyer's Address for purpose of notice 365 Facsimile: Email: 366 ^-"'=+ Date: Ot. l l ZnZl Signature of Seller) 367 CITY OF FT WALTON BEACH Tax ID No.: Typed or Printed Name of Seller) 368 Title: C rr M a ac Q Telephone: 369 Date: Signature of 370 Tax ID No.: Typed or Printed Name of Seller) 371 Title: Telephone: 372 Seller' s Address for purpose of notice: 373 Facsimile: Email: Florida REALTORS' makes no representation as to the legal validity or adequacy of any provision of this form In any specific transaction. This standardized form should not be used in complex transactions or with extensive riders or additions, This form is available for use by the entire real estate industry and is not intended to identify the user as REALTOR'. REALTOR° Is a registered collective membership mark which may be used only by real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS' and who subscribe to Its Code of Ethics. The copyright laws of United States ( 17 U. S. Code) forbid the unauthorized reproduction of this form by any means including facsimile or computerized forms. Buyer L ' T) ( ) and Seller (, no) ( ) acknowledge receipt of a copy of this page, which is Page 8 of 8 Pages, CC -5 Rev9/ 17 82017 Florida Realtors' SeRaiA-..09, 1976. 100162- 0221082 Form Simplicity ic i.+.: Wl, y..,.. in . xii0 4i." ev 6i ] f] 30Y5e-0IEo-< llea96?atln Wog?0` Addendum to Contract A Addendum No. 1 to the Contract with the Effective Date of May 26, 2021 between FT WALTON BEACH Seller) and William Augustus Bowles Foundation ( Buyer) concerning the property described as: 17 INDUSTRIAL ST, FORT WALTON BEACH, FL 32548 the " Contract"). Seller and Buyer make the following terms and conditions part of the Contract: Line 6: See attached legal description. Line 11: Purchase price to be changed from $ 375, 000. to $ 300, 000. Line 12: " Deposit to be held by" changed from Hayward Dykes to Hand Arendall Harrison Sale Escrow account. DeAnna Turpen Closing Agent 35008 Emerald Coast Pkwy 5th Floor Destin FI. 32541 dturpen@handfirm. com 850-650- 0010 Line 21: Total Financing changed from $ 300,000. to $225, 000. Line 29 Time for acceptance changed from May 26 2021 to June 9, 2021 Purchase price is amended to $ 300, 000.00 and WAB Foundation to contribute $5000.00 per year for 5 years after purchase for City of Fort Walton Beach fireworks display for KOB Landing. Buyer: " oAT T. 422̀_ Date: 6/ 2/ 2021 Buyer: Date Michael D. Beedie, P. E., lCMA- CM Seller: 2021. 06. 17 14: 18:20 - 05' 00' Date: 06/ 17/ 2021 Seller: Date: ACSP4 Rev8117 02017 Florida Realtors - Sarah 070421- 9001412- 2696" 1 Form simplicity Ele:, rarv[ s1Y 6ynaE, prnp[ 6iprvnMe"' 6e[ rm 10 6[ W.1CW- ai3ail5 1p 10. 1!` pIyB, 6 M PamOOl a nand in SGOtion 14, Toxnehip 2 south, Nanglm 2a greet, in okeloose County Florida, more A., 4t A se nnmmenr; nn of a nolnt whish la 146o. 00 Leal. Nulw, dnu i...a., . eu. , the Southeast said emotion corner 14, of the Northeast quarter of said point also being the intersection of the West Right- of-Way line of Beal Parkway and the North Right-of-Way line of Industrial Straet: thence North 88 degrees 34 minutes 40 seconds West along said North Right- of- Way line, 614. 03 feat to the POINT OF BEGINNING: thence continuing along the same course, 228. 60 feet: thence Seat, North 01 degrees 25 minutes 20 seconds 400. 00 feet: thence south 86 degrees 34 minutes 40 seconds Rest, 228. 60 feet: thence South 01 degrees 26 minutes 20 seconds West, 400. 00 feet to the POINT OF BEGINNING, containing 2. 1 acres, more or less, all in Section 14, Township 2 South, Range 24 West, Okaloosa County, Florida. Laan Addendum to Contract Addendum No. 2 to the Contract with the Effective Date of May 26, 2021 between CITY OF FT WALTON BEACH ( Seller) and William Augustus Bowles Foundation ( Buyer) concerning the property described as: 17 INDUSTRIAL ST, FORT WALTON BEACH, FL 32548 the "Contract'). Seller and Buyer make the following terms and conditions part of the Contract: Line 29 Time for acceptance changed from June 9, 2021 to June 17th Line 38 Closing date changed from August 9 2021 to August 27 2021 Buyer: K to f f Trein

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