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2005 S Purchasing - Orange Enterprises
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2005 S Purchasing - Orange Enterprises
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Last modified
6/7/2011 11:21:45 AM
Creation date
10/8/2010 12:41:04 PM
Metadata
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Template:
BOCC
Date
4/12/2005
Meeting Type
Regular Meeting
Document Type
Agreement
Agenda Item
8a
Document Relationships
Agenda - 04-12-2005-8a
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\Board of County Commissioners\BOCC Agendas\2000's\2005\Agenda - 04-12-2005
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In the event any provision contained in this Agreement should be breached by either <br />party and thereafter waived by the other party, such waiver shall be limited to the particular <br />breach so waived and shall not be deemed to waive any other breach hereunder. <br />10. Orange Enterprises does hereby give and grant unto the County, its successors <br />and assigns, the exclusive right and Option to purchase the Premises for a period of 99 years <br />from the date this Agreement is signed by Orange Enterprises. The County shall have the right to <br />extend this Option for an additiona199 years. PROVIDED, HOWEVER, the County may only <br />exercise this Option in the event Orange Enterprises ceases, during the Option term or Option <br />renewal term, to do business as a Community Rehabilitation Program creating employment <br />opportunities for adults with developmental disabilities, students with developmental disabilities, <br />adults and students with mental illnesses, learning and emotional disabilities, substance abuse <br />disabilities, physical disabilities and individuals in the Work First Program or comparable federal <br />or State program replacing the Work First Program during the Option term or Option renewal <br />term. The term "Orange Enterprises ceases" as used in this subsection, shall not be construed to <br />include the cessation of the corporate existence of Orange Enterprises resulting either from a <br />merger or consolidation of Orange Enterprises into or with another corporation, provided the <br />merged or consolidated entity continues to perform those covenants, conditions and terms of this <br />Agreement required of Orange Enterprises. <br />This Option shall be exercised by written notice personally delivered to the chief <br />operating officer of Orange Enterprises or deposited in the United States mail or its successor, <br />postage prepaid, registered or certified mail, return receipt requested, addressed to the chief <br />operating officer of Orange Enterprises at the mailing address of the Property. <br />13 <br />
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