Florida |
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1-6471 |
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59-0867335 |
(State or Other Jurisdiction of |
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(Commission File Number) |
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(IRS Employer Identification No.) |
Incorporation) |
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212 South Central, Suite 304, St. Louis, MO
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63105
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(Address of principal executive offices)
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(Zip Code)
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Exhibit No. |
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Description |
10.1 |
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Purchase Agreement (for Parcel No. 101) by and between Sugarmill Woods, Inc. and the State of Florida, Department of Transportation, including addendum thereto, effective June 17, 2016 |
10.2 |
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Purchase and Sale Agreement (for Parcel No. 104) by and between Sugarmill Woods, Inc. and the State of Florida Department of Transportation, including addendum thereto, effective June 17, 2016 |
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PGI INCORPORATED |
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Date: June 23, 2016 |
By: |
/s/ Laurence A. Schiffer |
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Laurence A. Schiffer, President |
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Duly Authorized Officer and Principle Executive Officer |
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Exhibit |
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Description |
10.1 |
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Purchase Agreement (for Parcel No. 101) by and between Sugarmill Woods, Inc. and the State of Florida, Department of Transportation, including addendum thereto, effective June 17, 2016 |
10.2 |
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Purchase and Sale Agreement (for Parcel No. 104) by and between Sugarmill Woods, Inc. and the State of Florida Department of Transportation, including addendum thereto, effective June 17, 2016 |
575-030-07
RIGHT OF WAY
OGC – 06/10
Page 1 of 5 |
ITEM SEGMENT NO.: |
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405270-1
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DISTRICT: |
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08 |
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FEDERAL PROJECT NO.: |
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N/A |
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STATE ROAD NO.: |
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589 (Suncoast 2)
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COUNTY: |
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Hernando
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PARCEL NO.: |
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101 |
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Seller: |
Sugarmill Woods, Inc. |
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I. |
Description of Property |
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(a) |
Estate being purchased: ☒ |
Fee Simple |
Permanent Easement |
Temporary Easement |
Leasehold |
(b) Real propery described as:
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405270-1 Parcel 101 a portion of Sugarmill Woods, Palm Village Subdivision as per O.R. Book 298 page 647 and O.R. Book |
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(c) Personal propety
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N/A
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(d) Outdoor advertising structure(s) permit number(s)
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N/A
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Buildings, structures, fixtures and other improvements owned by others:
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N/A
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Land |
1. |
$ 2,500,000.00 | ||
Improvements |
2. |
$ 0.00 | ||
Real Estate Damages (Severance/Cost-to-Cure) |
3. |
$ 500,000.00 | ||
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Total Real Property |
4. |
$ 3,000,000.00 | |
(b) |
Total Personal Property |
5. |
$ 0.00 | |
(c) |
Fees and Costs |
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Attorney Fees |
6. |
$ 337,560.00 | |
Appraiser Fees |
7. |
$ 29,620.00 | ||
Engineer Fees - $42,851.40 |
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Planner Fees - $25,256.48 |
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8. |
$ 68,107.88 | ||
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Total Fees and Costs |
9. |
$ 435,287.88 | |
(d) |
Total Business Damages |
10. |
$ 0.00 | |
(e) |
Total of Other Costs |
11. |
$ 0.00 | |
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List: |
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Total Purchase Price (Add
Lines 4, 5, 9, 10 and 11) |
$ 3,435,287.88 | |
(f) |
Portion of Total Purchase Price to be paid to |
$ 3,000.000.00 |
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Seller by Buyer at Closing |
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(g) |
Portion of Total Purchase Price to be paid to |
$ 0.00 |
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Seller by Buyer upon surrender of possession |
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575-030-07
RIGHT OF WAY
OGC – 06/10
Page 2 of 5 |
575-030-07
RIGHT OF WAY
OGC – 06/10
Page 3 of 5 |
Seller(s) |
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Buyer |
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/s/ Laurence A. Schiffer
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3/25/16
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State of Florida Department of Transportation |
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Signature |
Date |
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BY: /s/ Nick Bowman |
4/27/16 |
Laurence A. Schiffer, President |
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Signature |
Date |
Type or print name |
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Nick Bowman – Dep. R/W Mgr. – Production |
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Signature |
Date |
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Type or print name |
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Type or print name |
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BY: |
/s/ Joseph D. Jeffers
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Joseph D. Jeffers – Right of Way Manager |
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Signature |
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Type or print name and title |
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Legal Review: |
[Illegible signature] |
Date |
575-030-07
RIGHT OF WAY
OGC – 06/10
Page 4 of 5 |
575-030-07
RIGHT OF WAY
OGC – 06/10
Page 5 of 5 |
Seller |
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Buyer |
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Sugarmill Woods, Inc. |
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State of Florida Department of Transportation |
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/s/ Laurence A. Schiffer |
3/25/16 |
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/s/ Nick Bowman |
4/27/16 |
Signature |
Date |
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Signature |
Date |
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Laurence A. Schiffer, President |
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BY: Nick Bowman, Deputy RW Manager |
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Type or print name |
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Type or print name |
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ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
Real Property | |
Land |
$6,000,000.00 |
Improvements |
$0.00 |
Real Estate Damages |
$0.00 |
Total Real Property |
$6,000,000.00 |
Fees and Costs | |
Attorney Fees |
$300,000.00 |
Total Fees and Costs |
$300,000.00 |
Total Business Damages |
$0.00 |
Total of Other Costs |
$0.00 |
Total Purchase Price |
$6,300,000.00 |
Portion of Total Purchase Price to be paid to Seller by Buyer at Closing |
$6,000,000.00 |
ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
SELLER: |
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ACCEPTANCE BY PURCHASER: |
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SUGARMILL WOODS, INC.
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STATE OF FLORIDA, |
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DEPARTMENT OF TRANSPORTATION FLORIDA TURNPIKE ENTERPRISE |
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/s/ Laurence A. Schiffer |
3/25/16 |
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/s/ Nick Bowman |
4/27/16 |
Signature |
Date |
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Signature |
Date |
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Laurence A. Schiffer, President |
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BY: Nick Bowman, Deputy RW Manager |
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Print/Type Name |
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Print Name & Title |
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ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
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Approved as to form and legality: |
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[Illegible signature]
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Office of the Turnpike General Counsel |
ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
ITEM/SEGMENT NO.: |
4052701 |
STATE ROAD NO.: |
589 |
COUNTY: |
Hernando |
PARCEL NO.: |
104 |
Seller |
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Purchaser |
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Sugarmill Woods, Inc. |
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State of Florida Department of Transportation |
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/s/ Laurence A. Schiffer |
3/25/16 |
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/s/ Nick Bowman |
4/27/16 |
Signature |
Date |
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Signature |
Date |
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Laurence A. Schiffer, President |
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BY: Nick Bowman, Deputy RW Manager |
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Type or print name |
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Type or print name |
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