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RESOLUTION 14 -2658 <br />A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, <br />AUTHORIZING THE TERMINATON OF AN AMENDED AND <br />RESTATED ACQUISITION AGREEMENT AND OPTION TO <br />PURCHASE BETWEEN CASTO SOUTHEAST REALTY SERVICES, <br />LLC, INTEGRA LAKES, LLC, AND THE CITY OF CASSELBERRY; <br />PROVIDING FOR CONFLICTS, SEVERABILITY, AND EFFECTIVE <br />DATE. <br />WHEREAS, the parties entered into the Amended and Restated Acquisition Agreement <br />and Option to Purchase dated February 10, 2014, and recorded February 18, 2014, in O.R. Book <br />8213, Page 98, of the Public Records of Seminole County, Florida (hereinafter "Agreement "), <br />and the parties now desire to terminate that agreement, and enter into separate agreements with <br />each of the parties; and <br />WHEREAS, the City has determined that this termination is in the best interests of the <br />public health, safety and welfare of the citizens of the City and provides for a public benefit. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF CASSELBERRY, FLORIDA, AS FOLLOWS: <br />SECTION I. The City Commission of the City of Casselberry hereby terminates the <br />Amended and Restated Acquisition Agreement and Option to Purchase with Casto Southeast <br />Realty Services, LLC, and Integra Lakes LLC, (said termination attached hereto as "Attachment <br />A "), and authorizes the Mayor to execute said Termination on behalf of the City. <br />SECTION II. Conflicts. All Resolutions or parts of Resolutions in conflict with any of <br />the provisions of this Resolution are hereby repealed. <br />SECTION III. Severabilitv. If any Section or portion of a Section of this Resolution <br />proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the <br />validity, force, or effect of any other Section or part of this Resolution. <br />SECTION IV. Effective Date. This Resolution shall become effective immediately <br />upon its passage and adoption. <br />PASSED AND ADOPTED this day of` ,�' 1 - , A.D., 2014. <br />A'T'TEST: <br />z <br />, P <br />c <br />f <br />Donna G. Gardner, City Clerk Charlene Glancy <br />Mayor /Commissioner <br />