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HomeMy WebLinkAboutSeminole County Development Company, LLC Development Agreement (Iriye Suites) - 2019 01 28GRANT MALOY, SEMINOLE COUNTY CLERK OF CIRCUIT COURT & COMPTROLLER CFN# 2019023440 Bk:9309 Page:1300-1315 REC: 03/06/2019 8:08:28 AM by hdevore RECORDING FEES $137.50 THIS INSTRUMENT WAS PREPARED BY AND SHOULD BE RETURNED TO: Anthony A. Garganese City Attorney of Winter Springs Garganese, Weiss, D'Agresta & Salzman, P.A. FOR RECORDING DEPARTMENT 111 N. Orange Avenue, Suite 2000 Orlando, FL 32802 (407)425-9566 DEVELOPMENT AGREEMENT (Mixed -Use - Live -Work Residential Units) THIS TOWN CENTER DEVELOPMENT AGREEMENT ("Agreement") is made and executed this 28th day of January, 2019, by and between the CITY OF WINTER SPRINGS, a Florida Municipal Corporation ("City"), whose address is 1126 East S.R. 434, Winter Springs, Florida 32708, and SEMINOLE COUNTY DEVELOPMENT COMPANY, LLC., a Florida limited liability company, ("Developer"), whose address is 303 Balfour Drive, Winter Springs, Florida 32708. WITNESSETH: WHEREAS, Developer is the owner of approximately 1.2 acres, more or less, of real property located at 150 Tuskawilla Road, Winter Springs, Seminole County, Florida, more particularly described herein ("Property"); and WHEREAS, currently there is a non -conforming single-family home located on the Property ("Nonconforming Structure") that is not in compliance with the City Code including the current Town Center zoning regulations; and WHEREAS, Developer desires to discontinue and remove the Nonconforming Structure and redevelop the Property by changing its use from single family residential to a mixed-use building project containing "live -work" multi -family residential units and work space ("live -work" concept is a person(s) having the flexibility of being able to live and work in the same rental unit) bringing the Property into compliance with the City's Town Center zoning regulations in accordance with the terms and conditions of this Agreement; and WHEREAS, in support of its proposed project containing "live -work" multi -family units and work space, Developer has represented and proposed to incorporate fifteen (15) multi -family live -work units into the project which require separate approval of a special exception by the City Commission as required by the Town Center zoning regulations; and DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Pagel of 8 WHEREAS, as a condition of the City Commission granting, on January 28, 2019, Developer's request for a special exception for 15 multi -family live -work units on the Property unique to Developer's project, the Developer and the City desire to enter into this Agreement setting forth certain material terms and conditions of the "live -work" mixed use project as more specifically set forth herein. NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties mutually agree as follows: 1.0 Recitals. The foregoing recitals are true and correct and are hereby incorporated herein by this reference. 2.0 Authority. This Agreement is entered into pursuant to the Florida Municipal Home Rule Powers Act. 3.0 The Property. The real property subject to this Agreement has a tax parcel identification number of 26-20-30-5AR-00-OOU3 and is legally described in EXHIBIT "A", attached hereto and fully incorporated herein by this reference ("Property"). 4.0 Project Description and Requirements. As a condition of granting the aforementioned special exception for the construction of fifteen (15) multi -family live -work units on the Property, the City and Developer agree that the Property shall be developed as a mixed-use project which incorporates and maintains a "live -work" concept by integrating both work space and multi -family residential dwelling units into the building. The project shall consist of two phases. Phase one shall consist of two (2) two-story buildings (Buildings A and B), comprised of approximately 12,000 square feet. Building A will have eight (8) live -work units (four (4) live - work units on each floor) and Building B will have two (2) live -work units on the second floor and a conference room and eight (8) work spaces on the first floor. Phase 2 consists of one (1) two- story building that is approximately 7,000 square feet and will have five (5) live -work units. Phase one shall also include the construction of all site improvements such as sidewalks, hardscape, parking, lighting, utilities, and general landscaping required by this Agreement and the City Code. Each live -work unit shall have a distinct and separate work space attached to it with a separate entrance for business activity without having to enter the work space through the living portion of the unit itself. The residential dwelling units shall be offered at market rate prices and will range in size of approximately 465 square feet to 1,370 square feet including the space for the attached work space. (hereinafter the project description and requirements are referred to as the "Project"). In order to maintain the Project's live -work residential environment, the Developer shall maintain a policy to allow tenants to use the work space and conference/meeting room in the Project in accordance with the terms and conditions of the policy established for the Project. 5.0 Concept Plan. The Project shall be substantially developed in accordance with the concept plan which is attached hereto as EXHIBIT "B" and incorporated herein by this reference ("Concept Plan"). The Concept Plan is intended to be the general blueprint which details key aspects of the future physical development of the Property. The Concept Plan shall also serve as a necessary guide for future permit applications and permitting necessary to complete the construction of the Project. Developer shall have the obligation to further submit and obtain the City's approval of a final site plan and final engineering plans ("Final Engineering Plans") DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 2 of 8 consistent with the Concept Plan in all material respects and in compliance with the City Code. The building is intended to be for illustrative purposes only and may be modified during the final engineering process so long as the building complies with the development standards set forth in this Agreement including, but not limited to, the fifteen (15) multi -family units. Developer acknowledges and agrees that the Concept Plan was not created with specific surveyed dimensions and that during the Final Engineering Plan process such dimensions shall be surveyed, duly engineered, and provided to the City for consideration under applicable City Codes. The Concept Plan shall be subject to reasonable adjustments at the Final Engineering Plan phase in order to bring the Project into full compliance with the City Code, and as a result, the exact location, layout and dimensions of the building, landscaping, entrances, utilities, parking and other site improvements may vary slightly between Concept Plan approval and approval of the Final Engineering Plans. These changes shall be allowed as long as the changes are consistent with the development standards noted in this Agreement and preserve the general character of the development shown on the Concept Plan. 6.0 Building Elevations and Floor Plans. The two-story building and related floor plans shall be constructed substantially in accordance with the building elevations and floor plans depicted and set forth on EXHIBIT "C," which is attached hereto and incorporated herein by this reference ("Building Plans"). However, the facade of the building shall specifically incorporate brick features compatible and in harmony with the surrounding buildings so the building has an architectural connection with the area. Further, other aspects of the building facade and roof lines, color scheme, and architectural features depicted on the building may have to be adjusted during the CITY'S final review and approval procedures to satisfy the requirements of the City Code. The design of the phase two building, when and if constructed, shall be consistent and in harmony with the phase one building in order to create one unified Project. 7.0 Additional Special Development Conditions. The following additional development conditions shall apply to the Project: A. Parking. There shall be a maximum of forty-six (46) paved parking spaces constructed for the Project that comply with the technical requirements of the City Code and as generally depicted on the Concept Plan. The final number of parking spaces shall be determined at the time Final Engineering is approved. The parking spaces shall be accessed from the proposed entrance/exit driveways depicted on the Concept Plan along Tuskawilla Road and Blumberg Boulevard. B. Stormwater. Stormwater retention for the Property has already been master planned and required stormwater retention shall be provided at a nearby pond serving the Town Center. Developer shall be required to design, permit, construct and maintain, at its expense, the facilities necessary to discharge stormwater from the Property to the pond. C. Oak Tree. The live oak tree located on the southern portion of the Property shall be maintained and protected during the construction of the Project in accordance with the tree protection requirements set forth in the City Code unless removal is allowed by the City under the specimen tree process set forth in the City Code. DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 3 of 8 D. Emer2ency Access. For public safety purposes, Developer's Conceptual Plan will depict a temporary and emergency entrance/exit along the southern boundary of the Property within the parking area constructed for the Project. In furtherance of this temporary and emergency entrance/exit, Developer shall attempt to secure written permission from one or more adjacent private property owners for temporary and emergency ingress and egress over such adjacent property that can be used during times that the entrance to the Property from Blumberg Boulevard and Tuskawilla Road may not be available due to special events or road construction. If written permission is not obtained, then one of the entrances/exits to the Property, chosen at the City's discretion, shall be available at all times during special events or road construction. Written permission should be secured no later than the date that the Developer obtains final engineering approval by the City Commission. The City and Developer shall cooperate fully with each other to effectuate and obtain the written permission. E. Attached Work Space. The work space required to be attached to each residential unit allowed under this Agreement shall only be limited to residential use or work related uses that are compatible, incidental and subordinate to the attached residential use similar to home occupation type uses and in compliance with applicable City Codes including state fire and building codes. No other use shall be permitted in the work space in order to preserve the intended purpose of the Project which is to maintain a "live -work" residential environment for future tenants. 8.0 Representations of the Parties. The City and Developer hereby each represent and warrant to the other that it has the power and authority to execute, deliver and perform the terms and provisions of this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement. This Agreement will, when duly executed and delivered by the City and Developer, constitute a legal, valid and binding obligation enforceable against the parties hereto. Upon acquisition of the Property by the Developer and the recording of this Agreement in the Public Records of Seminole County, Florida, the Agreement shall be a binding obligation upon the Property in accordance with the terms and conditions of this Agreement. Developer represents that it has voluntarily and willfully executed this Agreement for purposes of binding himself and the Property to the terms and conditions set forth in this Agreement. 9.0 Successors and Assigns. This Agreement shall automatically be binding upon and shall inure to the benefit of the City and Developer and their respective successors and assigns. The terms and conditions of this Agreement similarly shall be binding upon the Property and shall run with title to the same upon being duly recorded against the Property by the City. 10.0 Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. 11.0 Amendments. This Agreement shall not be modified or amended except by written agreement duly executed by both parties hereto (or their successors or assigns) and approved by the City Commission. 12.0 Entire Agreement; Exhibits. This Agreement and all attached exhibits hereto supersede any other agreement, oral or written, regarding the Property and contain the entire DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 4 of 8 agreement between the City and Developer as to the subject matter hereof. The Exhibits attached hereto and referenced herein are hereby fully incorporated herein by this reference. 13.0 Severability. If any provision of this Agreement shall be held to be invalid or unenforceable to any extent by a court of competent jurisdiction, the same shall not affect in any respect the validity or enforceability of the remainder of this Agreement. 14.0 Effective Date. This Agreement shall become effective upon approval by the City Commission and execution of this Agreement by both parties hereto. 15.0 Recordation. Upon full execution by the Parties, this Agreement shall be recorded in the Public Records of Seminole County, Florida by the City. 16.0 Relationship of the Parties. The relationship of the parties to this Agreement is contractual and Developer is an independent contractor and not an agent of the City. Nothing herein shall be deemed to create a joint venture or principal -agent relationship between the parties, and neither parry is authorized to, nor shall either party act toward third persons or the public in any manner, which would indicate any such relationship with the other. 17.0 Sovereign Immunity. Notwithstanding any other provision set forth in this Agreement, nothing contained in this Agreement shall be construed as a waiver of the City's right to sovereign immunity under section 768.28, Florida Statutes, or other limitations imposed on the City's potential liability under state or federal law. As such, the City shall not be liable under this Agreement for punitive damages or interest for the period before judgment. Further, the City shall not be liable for any claim or judgment, or portion thereof, to any one person for more than two hundred thousand dollars ($200,000.00), or any claim or judgment, or portion thereof, which, when totaled with all other claims or judgments paid by the State or its agencies and subdivisions arising out of the same incident or occurrence, exceeds the sum of three hundred thousand dollars ($300,000.00). 18.0 City's Police Power. Developer agrees and acknowledges that the City hereby reserves all police powers granted to the City by law. In no way shall this Agreement be construed as the City bargaining away or surrendering its police powers. 19.0 Interpretation. The parties hereby agree and acknowledge that they have both participated equally in the drafting of this Agreement and no parry shall be favored or disfavored regarding the interpretation to this Agreement in the event of a dispute between the parties. 20.0 Third -Party Rights. This Agreement is not a third -party beneficiary contract and shall not in any way whatsoever create any rights on behalf of any third party. 21.0 Specific Performance. Strict compliance shall be required with each and every provision of this Agreement. The parties agree that failure to perform the obligations provided by this Agreement shall result in irreparable damage and that specific performance of these obligations may be obtained by a suit in equity. DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 5 of 8 22.0 Attorney's Fees. In connection with any arbitration or litigation arising out of this Agreement, each party shall be responsible for their own attorney's fees and costs. 23.0 Development Permits. Nothing herein shall limit the City's authority to grant or deny any development permit applications or requests subsequent to the effective date of this Agreement. The failure of this Agreement to address any particular City, County, State and/or Federal permit, condition, term or restriction shall not relieve Developer or the City of the necessity of complying with the law governing said permitting requirement, condition, term or restriction. Without imposing any limitation on the City's police powers, the City reserves the right to withhold, suspend or terminate any and all certificates of occupancy for any building, trailer, structure or unit if Developer is in breach of any term and condition of this Agreement. The City will strive to expedite all permits pertaining to the Project. 24.0 Default. Failure by either parry to perform each and every one of its obligations hereunder shall constitute a default, entitling the non -defaulting party to pursue whatever remedies are available to it under Florida law or equity including, without limitation, an action for specific performance and/or injunctive relief. Prior to any parry filing any action as a result of a default under this Agreement, the non -defaulting party shall first provide the defaulting party with written notice of said default. Upon receipt of said notice, the defaulting party shall be provided a thirty (3 0) day opportunity in which to cure the default to the reasonable satisfaction of the non -defaulting party prior to filing said action. 25.0 Termination. The City shall have the unconditional right, but not obligation, to terminate this Agreement, without notice or penalty, if Developer fails to receive building permits and substantially commence vertical construction of the phase one building of the Project within three (3) years of the effective date of this Agreement. Upon issuance of the certificate of occupancy for the phase one building, Developer shall have five (5) years from said issuance to receive building permits and substantially commence vertical construction of the phase two building of the Project or the special exception for the five additional multi -family live -work units for phase two shall automatically be deemed expired unless said time period is extended for up to one additional year by the City Commission. In addition, the City shall have the right, but not obligation, to terminate the Agreement if Developer permanently abandons construction of the Project, provided, however, the City shall first deliver written notice and an opportunity to cure to the defaulting party as set forth in Section 24 above. If the City terminates this Agreement, the City shall record a notice of termination against the Property in the public records of Seminole County, Florida. 26.0 Release and Hold Harmless. Developer shall be solely responsible for designing, permitting, constructing, operating and maintaining this Project. As such, Developer hereby agrees to release and hold harmless the CITY and its commissioners, employees and attorneys from and against all claims, losses, damages, personal injuries (including, but not limited to, death), or liability (including reasonable attorney's fees and costs through all appellate proceedings), directly or indirectly arising from, out of, or caused by Developer and Developer's contractor's and subcontractor's performance of design, permit and construction activities in furtherance of constructing the Project under this Agreement and the operation and maintenance of the Project thereafter. This provision shall survive the termination of this Agreement. DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 6 of 8 27.0 Force Majeure. The parties agree that in the event that the failure by either party to accomplish any action required hereunder within a specified time period ("Time Period") constitutes a default under the terms of this Agreement and, if any such failure is due to any unforeseeable or unpredictable event or condition beyond the control of such party, including, but not limited to, acts of God, acts of government authority (other than the City's own acts), acts of public enemy or war, riots, civil disturbances, power failure, shortages of labor or materials, injunction or other court proceedings beyond the control of such party, or severe adverse weather conditions ("Uncontrollable Event"), then, notwithstanding any provision of this Agreement to the contrary, that failure shall not constitute a default under this Agreement and any Time Period proscribed hereunder shall be extended by the amount of time that such parry was unable to perform solely due to the Uncontrollable Event. The extended time period shall be agreed to in writing by the parties and said agreement shall not be unreasonably withheld by either parry. IN WITNESS WHEREOF, the parties have hereunto set their hands and seal on the date first above written. ATTEST: , t i J Andrew Lorenzo Luaces, City Clerk CITY SEAL CITY OF WINTER SPRINGS h y By: Charles Lacey' ,:lVla APPROVED AS TO FORM AND LEGALITY For the use and reliance of the City of Winter Springs, Florida only. Date: d) L-02 Anthony A'''Garganese, City Attorney for the City of Winter Springs, Florida DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 7 of 8 Signed, sealed and delivered in the presence of the following witnesses: S' nature of Witness _ Printed Name of Witness S' t-ure of Witness i Irl % )la-1CJ— Printed Name of Witness STATE OF FLORIDA COUNTY OF SEMINOLE SEMINOLE COUNTY DEVELOPMENT C J Iriye, Mana ing e er Date: The foregoing instrument was acknowledged before me this 3o+hday of Jan u.ayt , 2019, by John Iriye, the Managing Member of SEMINOLE COUNTY DEVELOPME T COMPANY, LLC., a Florida limited liability company. He is personally known to me or produced F LORI QA DtuyeR'S h rr . as identification. (NOTARY SEAL) (Not Public Signature) V- 1r) (Print Name) Notary Public, State of FLORIDA ,PPv>UB'• LORNAM. BRADLEI' Commission No.: L-t?4 100 3 M`! COMMISSION # GG 106330 EXPIRES: May 18, 2021 My Commission Expires: '5. l $ .21 Bonded Thru Notary Public Underwriters DEVELOPMENT AGREEMENT City of Winter Springs and Seminole County Development Company, LLC. Page 8 of 8 CL m m r. O ■ U O J W 0 LL co ■ 0 m U) I V - ay O�LO Ln Schedule A All of the unplatted part of Block "B" lying on the East side of the Oviedo -Sanford Brick Road, of D.R. MITCHELL'S SURVEY OF THE LEVY GRANT ON LAKE JESSUP, according to the plat thereof recorded in Plat Book 1, Page 5, Public Records of Seminole County, Florida. LESS AND EXCEPT: Begin at the Northwest corner, run Southeasterly on the road 520 feet; North 50 degrees 09 minutes 45 seconds East, 335.54 feet; North 72 degrees 40 minutes 15 seconds West 618.86 feet to Point of Beginning, Section 36, Township 20 South, Range 30 East. ALSO LESS AND EXCEPT: PARCEL NO. 123 A part of the unnumbered Lot in Block B, D.R. MITCHELL'S SURVEY OF THE LEVY GRANT ON LAKE JESSUP, according to the plat thereof as recorded in Plat Book 1, Page 5 of the Public Records of Seminole County, Florida, being more particularly described as follows: Commence at the Northeast corner of said unnumbered Lot in Block B, said point being the point of intersection of the Southerly right-of-way line of First Street, a 30 -foot wide unopened right-of-way and the Northwesterly right-of-way line of Brantley Avenue, a 50 -foot wide right-of-way; thence run North 71 degrees 22 minutes 40 seconds West along said Southerly right-of-way line of First Street and the North line of said unnumbered Lot in Block B a distance of 1148.72 feet; thence departing said Southerly right-of-way line run South 51 degrees 27 minutes 38 seconds West a distance of 282.94 feet for a POINT OF BEGINNING; thence run South 38 degrees 43 minutes 16 seconds East a distance of 1255.86 feet to the point of curvature of a curve concave Northerly having a radius of 35.00 feet; thence run Northeasterly along the arc of said curve through a central angle of 104 degrees 44 minutes 10 seconds a distance of 63.98 feet to the point of tangency; thence run North 36 degrees 32 minutes 34 seconds East a distance of 94.48 feet to a point on said Northwesterly right-of-way line of Brantley Avenue; thence run South 30 degrees 04 minutes 56 seconds West along said Northwesterly right-of-way line of Brantley Avenue a distance of 206.50 feet to the Northeasterly right-of-way line of S.R. 434 according to F.D.O.T. Right -of -Way Map Section 77070-2516; thence run North 38 degrees 32 minutes 22 seconds West along said Northeasterly right-of-way line of S.R. 434 a distance of 1340.52 feet; thence departing said Northeasterly right-of-way line of S.R. 434 run North 51 degrees 27 minutes 38 seconds East a distance of 53.01 feet to the POINT OF BEGINNING. ALSO LESS AND EXCEPT: Commence at the Northeast corner of Block "B", D.R. MITCHELL'S SURVEY OF THE LEVY GRANT ON LAKE JESSUP, as recorded in Plat Book 1, Page 5, Public Records of Seminole County, Florida, said point also being the intersection of the South right of way line of platted road (a/k/a First Street) and Tuskawilla Road (a/k/a Brantley Avenue) of said D.R. Mitchell's Survey of the Levy Grant on Lake Jessup; thence run North 72 degrees 40 minutes 15 seconds West, along said South right of way line of platted road (a/k/a First Street) and the North line of Block "B", a distance of 358.00 feet for the Point of Beginning; thence continue along said South right of way line and the North line of Block "B", North 72 degrees 40 minutes 15 seconds West, 790.81 feet; thence departing said South right of way line and the North line of Block "B", run South 50 degrees 11 minutes 19 seconds West 28294 feet to a point on the North right of way line of State Road 434 (a/k/a Sanford -Oviedo Road a/k/a Oviedo -Sanford Brick Road) according to Florida Department of Transportation right of way map, SR. 434, Seminole County, Florida, Section 77070-2516 and that certain Book8551/Page308 CFN#2015104781 Page 3 of 5 Order of Taking, recorded in Official Records Book 2803, Page 1023, Public Records of Seminole County, Florida; thence run South 39 degrees 59 minutes 35 seconds East, along said North right of way line, a distance of 1255.86 feet to the point of curvature of a curve concave to the North having a radius of 35.00 and a central angle of 104 degrees 44 minutes 10 seconds thence along said curve run 63.98 feet to the point of tangency thereof, said point also being on the Westerly right of way line of Tuskawilla Road (a/k/a Brantley Avenue) according to Florida Department of Transportation right of way Map, S.R. 434, Seminole County, Florida, Section 77070-2516 and that certain Order of Taking, recorded in Official Records Book 2803, Page 1023, Public Records of Seminole County, Florida; thence run North 35 degrees 16 minutes 15 seconds East, along said West right of way line, a distance of 94.48 feet to a point on the West right of way line of Tuskawilla Road (a/k/a Brantley Avenue) as shown on D.R. Mitchell's Survey of the Levy Grant on Lake Jessup, as recorded in Plat Book 1, Page 5, Public Records of Seminole County, Florida; thence continue along sold West right of way line, run North 28 degrees 48 minutes 37 seconds East, 614.65 feet; thence departing said West right of way line run North 72 degrees 40 minutes 15 seconds West, 358.00 feet; thence run North 28 degrees 48 minutes 37 seconds East, 209.00 feet to the Point of Beginning. ALSO LESS AND EXCEPT: That part of the Unnumbered Lot in Block "B", D.R. MITCHELL'S SURVEY OF THE LEVY GRANT ON LAKE JESSUP as recorded in Plat Book 1, Page 5, of the Public Records of Seminole County, Florida, more particularly described as follows: Commence at the Southeast corner of Lot 30, Block "B", D.R. MITCHELL'S SURVEY OF THE LEVY GRANT ON LAKE JESSUP said point being the intersection of the West Right of Way line of Tuskawilla Road (formerly Brantley Avenue) and the North Right of Way line of First Street (a 30 foot unopened Right of Way); thence run South 30 degrees 04 minutes 55 seconds West a distance of 30.61 feet to the intersection of the West Right of Way line of Tuskawilla Road and the South Right of Way line of First Street; said intersection being the POINT OF BEGINNING; thence continue South 30 degrees 04 minutes 55 seconds West along the West Right of Way line of Tuskawilla Road a distance of 80.89 feet to the point of cusp of a curve concave Northwesterly having a radius of 15.00 feet and a chord bearing of North l I degrees 54 minutes 34 seconds Fast; thence run Northeasterly along the are of said curve through a central angle of 36 degrees 20 minutes 43 seconds for an arc distance of 9.52 feet to a point of tangency; thence North 06 degrees 15 minutes 47 seconds West a distance of 59.58 feet to the point of curvature of a curve concave Southwesterly having a radius of 15.00 feet a chord bearing North 33 degrees 29 minutes 40 seconds West; thence run Northwesterly along the are of said curve through a central angle of 54 degrees 27 minutes 44 seconds for an arc distance of 14.26 feet to a point of tangency; thence North 60 degrees 43 minutes 32 seconds West a distance of 40.41 feet to the South Right of Way line of the aforementioned First Street; thence South 71 degrees 24 minutes 05 seconds East along said South Right of Way line for a distance of 92.78 feet to the Point of Beginning. ALSO LESS AND EXCEPT: A portion of the North 209.00 feet of the East 358.00 feet of Block "B" that is on the East side of Oviedo - Sanford Road (a/k/a State Road 434), on the West side of Brantley Avenue (a/k/a Tuskawilla Road), on the South side of platted road (a/k/a First Street) of D.R. Mitchell's Survey of the Levy Grant on Lake Jessup, according to the plat thereof recorded in Plat Book 1, Page 5, of the Public Records of Seminole County, Florida, all being more particularly as follows: Commence at the Northeast corner of Block "B", D.R. Mitchell's Survey of the Levy Grant on Lake Jessup, as recorded in Plat Book 1, Page 5, Public Records of Seminole County, Florida, said point also being the 4 Book8551/Page309 CFN#2015104781 Page 4 of 5 intersection of the South Right of Way line of Platted Road (a/k/a First Street) and Brantley Avenue (a/k/a Tuskawilla Road) of said D.R. Mitchell's Survey of the Levy Grant on Lake Jessup; thence run North 71 degrees 23 minutes 56 seconds West, along said South right of way line of Platted Road (a/k/a First Street) and the North line of Block "B", a distance of 358.00 feet for the Point of Beginning; thence departing aforesaid South right of way line and the North line of Block `B" run South 30 degrees 04 minutes 58 seconds West a distance of 208.94 feet, thence run South 71 degrees 23 minutes 51 seconds East a distance of 112.34 feet; thence run North 18 degrees 36 minutes 09 seconds East a distance of 204.76 feet to a point on the aforementioned South right of way line and the North line of Block "B", thence run North 71 degrees 23 minutes 56 seconds West along said South right of way line and the North line of Block "B", a distance of 70.75 feet to the Point of Beginning. 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