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HomeMy WebLinkAboutAgreement_General_05/23/1973 AGREEMENT OF SALE WHEREAS, the Village of Tequesta, Florida, a Florida municipal corporation, hereinafter referred to as the "Village", now owns and operates the Village of Tequesta's sewage system; and WHEREAS, the State of Florida has established the Loxahatchee River Environmental Control District, hereinafter referred to as the '7~istrict", for the purpose of administering and operating sewage facilities among other things, within an area which includes the Village of Tequesta, Florida; and WHEREAS, both the District Board and the Village Council deem it to be in ttie best interest of the Village and bistrict to transfer the Village's sewage system to -said District for valuable consicle:rations, and upon certain conditions. I NOW THEREFORE, IN CONSIDEI~.ATION OF THE ~rtEMISES AND .MUTUAL,. COVENAN''TS CONTAINED HEREIN AND OTHER VALU.~I3LE C~JNSIDEIIi,ATIOI~TS, 'S'HE PARTIES HERI~`TO AGRE ~ AS FOL~LO~UVS: 1. Tlie transfer shall be made by warranty heed and bill of sale, together . , with a franchise: permittiixg the District to operate on and over the public ways of the Village. Such docuineats sh.a.ll be ~attaehed Hereto as Exhibzts A, B, and C respectively and made a part hereof. 2. The purchase price shall be the ari~ount of SI~VEN',['VMSEVEN TTiOUS#~ND ~`~ I~~'' ~)~,.~ ul,.P ((r ~.S SEV~;N~IT°Uf~'I~RED TW1JN'PY-T1t1.7EE(µ~'~T7; "123. J3)DOLLAI-i,S AND i~d!t7/100, together:; with any accounts- receivable held by the Village on this date. Among the other s~~;jr~~f~rl;s~ 1~~~~;i~~~~~ i,i~t7,~ar~~:~~~,t'a~~~d I;o 'Ia~~~,~ :C~)~~w~lt~'ir;~l; ~ul~s~a,l k,~L~ sr~~ ~~:~ti~iiitonsi,nco nn~l 1;n~~ ~~ccou~ul of cash amounting to $ (~? ~~%, Lj, r~/7 /~z,... ____~, which shall be payable on the date ~of purchase, May 22,1973. The District will assume all obligations of the sewage system including current accounts .payable and all agreements for which ..tap feed have been prepaid, . ~~ evi~de~ced bye that certain:list attached hereto as ~x~~ibit ri, and snad~~ ~ pad ~e~e~~. ~ , ti. 1 ", 3. The District will continue to provide service for all areas now served by the Village upon the same terms and conditions as the Village is now serving, unless such terms and conditions are changed by the parties by mutual .consent. 4. The District agrees to charge the same rates charged by the Village, unless such rates are changed by mutual consent of the parties. -This covenant shall continue until. the Village's system is ult imately merged with the District's overall sewage system, at which time it will expire. 5. The District agrees that the existing sewage effluent outfall line will revert to the Village when the District connects the overall disposal system to the Village's sewage system. 6. William T, Berry, the present fulltime onsight operator of the Village i plant shall be retained at his current salary for a period of on'e(1)year. However, his employment during that period can.be terminated by the District upon ninety (90) days notice. 7, The District shall not charge additional axnaunts for connection to the system where the Village -has already made agreements to allow connection to the system, a. The Village will :turn over to tl~e District s,ll ta.p fae~ which have not been expended and all other ,funds in the Village operai:ing account on the date of transfea.~, 7,nd ~~ny `~.:taiouili;s received ley the Vill~~.~;e for the operation of the system after .the date of transfer shall be held for the District and promptly remitted to them„ 9. ,The parties hereto recognize that the orderly 'transfer of facilities will require further coordination, and both agree to take reasonable steps to provide for such orderly transfer, DATED THIS ,~ ~ rc~ day of . May , 1973 in xQquaata, Palm ~3~ac~ CQ~~aty~ Flgrid~. .THIS AGR.EEIVIENT SHALL. SURYNE~T~HE TRANSFER OF THE FACYLITIES REFERRED TO, AND STALL ~T.+QT 11~ERGE TN'. THE TITLE WHEREOF. - 2 .. (SEAT, OF LRECD) LOXAHA.TCHE~ RNER ENVIRONMENTAL CONTROL D1;5TRICZ', an Agency of the State of Florida. .~~~ . ~ y i ~ ~ 1,~ ~, Chairina.n of the; 'ovc~riiing .Board of. the I~oxa.li~~,tcliee River I~~nviron~ " mental Control Dist~iCt. ATTEST: - ~ . )., r i ~~ I g. r G i i I 3 .~ ~. Y ~