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HomeMy WebLinkAbout1999 06 28 Regular Item F , .' COMMISSION AGENDA June 28, 1999 Meeting Consent Informational Publie Hearing Regular X ITEM F Mgr. / Dept. Authorization REQUEST: The City Attorney requesting approval to modify and extend an existing lease on property located at the entry to Central Winds Park (a.k.a. Wagner's Curve) and reaffirming the Vested Rights Special Use Permit expiration date. This Agenda Item is Postponed Until the July 12, 1999 City Commission Regular Meeting. REQUEST: COMMISSION AGENDA ITEM F Consent Information Public Hearin Re ular XX June 28. 1999 Meeting MGR. /Dept. City Attorney requesting approval to modify and extend an existing lease on property located at the entry to Central Winds Park (a.k.a. Wagner's Curve) and reaffirming the Vested Rights Special Use Permit expiration date. PURPOSE: FINDINGS: The purpose of this Board Item is to request Commission approval to modify and extend an existing lease on property located at the entry to Central Winds Park (a.k.a. Wagner's Curve) to July 21, 2002 and reaffirming the Vested Rights Special Use Permit expiration date is July 21, 2002. The City and Springs Land Investments, Ltd., entered into a lease agreement for that property which now serves as the entryway to Central Winds Park. This entryway was needed because the Florida Department of Transportation would not allow an entryway directly off Wagner's Curve for public safety reasons. The only recourse was to lease this property which allowed the City to make the improvements to Wagner's Curve, thus allowing entry to the park. The terms of the lease required that the City return the property to its original condition once State Road 434 was realigned. This lease modification and extension allows the City to retain the entryway as is and not incur the costs associated with returning the property to its original condition. This extension also grants the City the right of first refusal if a bona fide offer is made by a third party for the purchase of the property. The Vested Rights Special Use Permit was issued under Article IX. Vested Rights, Chapter 9, Code of Ordinances, City of Winter Springs, Florida. V~i\s-e'~ lJ.~ (/~qJ June 14, 1999 REGULAR AGENDA ITEM F Page 2 CHRONOLOGY: 03-03-92 - Lease Agreement executed 07-21-93 - Vested Rights Special Use Permit issued 07-28-97 - Lease extension granted 06-08-98 - Second (2nd) Amended Agreement (lease extension granted) FUNDING: According to Paragraph 10 of the Lease Agreement, the City is responsible for the payment of taxes accrued for the property leased. Total taxes paid from 1992 through 1997 totaled an estimated amount of $6,300.00. The bill for the 1998 taxes has not been received by the City, but it is estimated that the taxes to be paid through the lease expiration date will be $5,200.00. RECOMMENDA TION: The recommendation is that the Commission approve the lease modification and extension and reaffirm the Vested Rights Special Use Permit expiration date. ATTACHMENTS: A - SECOND (2ND) AMENDED AGREEMENT B - MODIFIED AGREEMENT (being negotiated) COMMISSION ACTION ~ \ F FI C I A' ~< C i' ;1 ~~ rl :: V . L. ,(. \." :~.'.:;: ': 300~., .. " ,..~ r. -; r") '')~? I \.:'.:' '.;-:HI~lOL[ CO. FL d__' 1i"1 SECOND (2ND) AMENDED AGREEMENT THIS AGREEMENT entered into this B I!! day of ,J l1NE , 1998, by and between THE CITY OF WINTER SPRINGS, FLORIDA (hereinafter referred to as "City") and SPRINGS LAND/JESSUP SHORES JOINT VENTURE (hereinafter referred to as "Springs Land") provides as follows: WHEREAS, City and Springs Land Investments, Ltd., previously entered into an agreement dated March 3, 1992, and WHEREAS, City previously issued to Springs Land Investments, Ltd., a Vested Rights Special Use Permit, dated July 21, 1993, and WHEREAS, Springs Land has acquired the interest of Springs Land Investments, Ltd., and WHEREAS, City and Springs Land modified the March 3, 1992 agreement with another agreement dated July 28, 1997 (recorded in the Official Records of Seminole County, Florida, ORB 3283 Pages 0922 thru 0934) Attached hereto and incorporated herein as Exhibit "A" is a true and correct copy of the July 28, 1997 agreement, and WHEREAS, City and Springs Land are mutually desirous of clarifying certain agreements between them; NOW, THEREFORE, for and in consideration of the mutual promises hereinafter stated, the parties agree as follows: I. City and Springs Land agree that all conditions of the July 28, 1997 agreement, including the extension of the Vested Rights Special Use Permit No. 93-02, attached hereto as Exhibit "A" are continued and extended in full force and effect up to and including through July 21, 1999, excepting that all expiration dates reading July 21, 1998 are now to read July 21, 1999. 2. The provision in the July 28, 1997 agreement relating to the lease by Springs Land enumerated as paragraph 8 is specifically restated in its entirety, with the revised date, to read as follows: N ~ C) \..0 c:::> - \.0 r en ( ~ ~ <= ~. -) ( I r .~ ( S; :r- ::!: r co ::: - - Cl - r --.! {" ATTACHMENT A DF F I CI A! t\ r:- i' ,;:r,,~ BOor; -, ..." .:......~:: ~ 'r. -, r') f0rl") : ...:"J ,J WITNESS AS TO WINTER SPRINGS 8. If during the term of this I.ease thffiat e~frm88t~'t3! rL999,c Springs Land receives a bona fide wntten 0 er o'! 'purthase or contract lor purchase of the property covered by the lease, then the City of Winter Springs, Florida, shall have the right to exercise an option to purchase said property, at the same price offered by the prospective purchaser and said option shall be available for forty-five (45) days from the date of receipt of written notice of the option period commencing from Springs Land. This Agreement is hereby agreed to and accepted as of the Agree~Ub~:"'::~" .~.. .:' ~ ,\"'U"I..,, ,,\ ,...,' ",\,' "'11, ~'~;:#i1"'~ ",," ~ 6 , CITY OF WINTER_.st~~t(J~fF~9~"'\ ..- . :: :'.' "'\ ~ --' '. "'" '. " '0 - ~ . \>" <~/a'I'. : .,' i f ~.' :l,~, V) : ~ ~ . .; :1:$ ~ / ~~ 1/"-' :~ . ~."'f : I P.:RART~. J\."OR:'~": l' .' .(,~),r "". 'liJ~ .......... \~ : "." . ;~)~ ',' . ..... t.>\ ~ . ,plY' l.~~~":~~~ .~, ,.,...~:.,.:~..I ~.~ A \) '1"\,,- -- Deputy City Clerk: 'j' ~. Lorenzo-Luaces ~'-~~C\?~~~ Print Name:""Dc,N~'LD R. Le13\-'f\NL. Ji~~II..tl..", Attest. WITNESS AS TO SPRINGS LAND SPRINGS LAND JESSUP SHORES JOINT VENTURE {(PJL.j/c~/, ~ 2;\. c. LEERDAM Managing Partner ~~ Print Name: {i.tf J<( lfJ.o/ncL .j1f;<iY/1lE . III J-/jTNI::.J THIS INSTRUMENT WAS PREPARED BY: Donald R. LeBlanc (;)) City of Winter Springs ~ 1126 East SR 434 Winter Springs FL 32708 ~~~~.JftXJ l.IGIBIL1TY UNSATISFACTORY FOR MICROFILMING '::EHINOLE CD. FL AGREEMENT ~ nus AORllEMENT omered into lhi. ~ay of ~ 1991.' and between TIm CITY OF WINTER SPRINGS, FLORIDA (hereinafter referred to as "City") and SPRINGS LAND JESSUP SHORES JOINT VENTURE (hereinafter referred to as "Springs Land") provides C..v (/) I" rr1 OJ :c WHEREAS, City and Springs Land Investments, Ltd., previously entered into an agreemeriE W o r ,.., g C) / ~ WHEREAS, City previously issued to Springs Land Investments, Ltd.. a Vested Right~ N N IS follows: dated March 3, 1992, and Special Use Permit, dated July 21, 1993, and WHEREAS, Springs Land has acquired the interest of Springs Land Investments, Ltd. WHEREAS, City and Springs Land are mutually desirous of clarifying certain agreements between them; NOW, THEREFORE, for and in consideration of the mutual promises hereinafter stated, the parties agree II follows: 1. City and Springs Land hereby agree that the Vested Rights Special Use Permit shall expire on July 21, 1998, Attached hereto and incorporated herein as Exhibit "A" is a true and correct copy ofthe permit. 2, City and Springs Lind Igree that the March 3, 1992 Lease, a copy of which is attlched hereto as Exhibit "8", Is Incorporated herein by reference and that all terms contained therein, eXcluding paragraph 8 therein, are continued and elCtended in full force and effect up to and Including through July 21, 1998, Additionally, City and Springs Land agree t.o a new paragraph 8 II follows: ~After Recording Return tOI ~ City of Winter Springs 1126 E. Stat. Road 434 Winter Springs, FL 327S0 roo 0-" 0'" :,y,~ ~ r- ::0 ''1 (") .. )(:J :-- ::0 I; 11::1 '11.11 ,: ",r" "" 'I. ~~ J. i c:::) :r. . . oCJ 0:> ,.- ",,. 0".) f '.("). (.I:) n::U. . (;'C.,fT :;.~ ~~;~~i.:. . "c,::r. =,;C):'~ . ~ ~:~~, .f to :tI f.O '''' ..... (") - Cl = ::>, e;-, 0 IT1 CO 0 Q-I ,.:.,. < .1: IT1 ~ ::0 :y; N r., Ul :::J .1 \ I .J ~ :, " 't"G1lJl\ ITV U;\\~niSiAC10i<Y L .~),.. FOR MICROF1LMIMG ::;,~t~INOL[ CO. FL .:.;:,."'..' 8. If during the term of this lease that expires on July 21, 1998, Springs Land receives a bona fide written offer of purchase or contract for purchase of the property covered by the lease, then the City of Winter Springs, Florida, shall have the right to exercise an option to purchase said property, at the same price offered by the prospective purchaser and said option shall be available for forty-five (45) days from the date of receipt of written notice of the option period commencing from Springs Land. /:.~~~~:t. .:;; ~. ~:~ r. '. ';. ~'.' : I......::; "':.: :: i ~.:.~. ," 'Y'; : . ;' .... ~.' .;/.~~.~. :<fi/ By: (J) rr1 :r: X o r- "' .......U"".'.",# n " -c'. ',0 .' '". I ... ,,' ttNGS"PtO~A"" ~ ' .C " ~ .' .,- ..., :), ..,. (.....) '" CO W r~:...~>. i ..~~:: \:::,' WITNESSES AS TO WINTER SPRINGS CITY C) \.D N W 010 o .." o .." ::-r.("') )> r ::u rTl (") ,)0 ',' ::0 , )r,.:J , '(/1 r. ~ This Agreement is hereby agreed to and accepted as of the Agreement Date. ~:.: --4?u~ IJ ~ o ALD W. MCLEMORE . -4~~ ANICE PALLADINO !.' " .: ~ i ..., ..,. .., I'., j I Attest: ~ City Clerk, WITNESSES AS TO SPRINGS LAND JESSUP SHORES ~ ~. ~ r ~ Thomas / / .t!i.< l.<t!otA ..4'M.-tp...z... :I Geraldine Shayne By: Title: Managing Partner 'j I I ! " ',' 2 ;.- 1-: " r I,! t~~- ~ ," 'l~ i , ... .. i''''h~\~~jiJ1 ~lii~j~~~~:*~;:[i( t~l~,lJ*l;ii~:,{~~~t~J';!f,;t,ii,~;;,ijl j!:~;)y::<::,~;>~,~; ,~:\'i~: .'!,~~~p.fiA~~'~'ji:~;2ff\?':'~~~;~~;;~,~~i1ti'!V~J;~'~'f.:~~, \~~.@~~ti;;~~i~;,.:~:,:U;~fO;'~:'f-~, :)'~t?'~Y,Ij?fJJl ',:;I;:'~;"<'~':"Y"; ,-" ' , " '. '",; ".: "', ',::;,;';r"J':t 'C,,,",",.'. ,.,. \!'(' '."'," r~, 7!'<'!::,~{j~ '(> ;1;? ~~6' . . ~. '. ,r. ." :',' , ',': _ '.. '-~, ' ! : I ., ; '. ~ :'El'dHOLt co. F L :,,' " .~ - .'. { I, t . CITY OF WINTER SPRINGS VESTED RIGHTS SPECIAL USE PERMIT VR 93-02 (..) i r,) roo (I) C) -., (T1 CJ:) 0-" :J: W ;r.~ Z 0 :r,. .- ,- m :;IJ (") ;q 0 C) (., ~ 'J ;,:, -'1 ,~ .- N ' ,l:;l .r.- '~.n ,::1 '" I . :. ~ In response to the Application for. Vested Rights Special Use Permit from Donald W. McIntosh Associate., Incorporated; dated May 19, 1993, which Is Incorporated herein by reference, for the development Springs Land, the City oCWinter Springs, Florida, hereby orders that: A. FINDINGS OP PACT: 1. The Applicant, Donald W. McIntosh Associates, (the "Applicant") filed its Application for. Vested R!ght. Special Use Permit for the owner, Spring. Land rnveltm~nt., Ltd. (the "Owner") on May 19, 1993. The Application was deemed complete May 21, 1993. ' 2. The property In'questlon Is Springs Land (the"Property"), as more particularly described In the exhibit I to the Board oC Adjustment application of March 3, 1992. 3. The Owner acquired the Property by Warranty Deed II .lgned on OClober 8, 1987 and October 13, 1987, and recorded with Seminole County on October 14, 1987 and October 27,1987, prior to the Comprehen.lve Plan'Adoptlon Date of April 27, 1992. 4. The Property hu . land use classifications ofM/xed Use under the City'. Comprehensive Plan. 5. The Property II currently lubJect to a propo.ed Comprehenllve Plan amendmenl to change the land use classIfication to Commercial. This proposed amendment was reviewed at a Public Hearing before the City Commlnlon Qn 1uly 12, 1993, prior fo tranam111al to the Florid. Depar1ment of Community Main. , " : ~::" :.' 6. The Property II zoned C.l Neighborhood CommercIal under the City'. %onlng regulations. 7. The development of the Property hu been .peclfically approved via I Site Plan Review Board approval dated February 27, 1992. 8. The Winter SprIng. Board of AdJu.tment approved a variance from Secllan 9.241 paragraph (d) of the city'. Code of Ordinance., to allow a wet boll om pond, and approved a variance from Section 9-346 of the city'. Code of Ordinances, to allow the ,.,.; ::{: ';t;:: EXIIIBIT "^" ~a~~ll~~~;~~,ti\/;Hj;jH:;:iit,i;/,j;j,i<{;".r.t",.;:;,'..', .:...; .' ,', ,:\i/:.' ". '.'. }"..>: ../ "'4.:~!(I:\.;,,,,;.,.,,,-.,.,,(,,.;...,,I,,, "" ' "'i '''','' .~" -A. . ,," '.,., 'v,''" . +.t,,,.L. ", >;;.,.,'.", '1". "",_ ,.' .,.., . ' ..,' , . "",..", . . '\ '. . . -.. . . . '. "';; '. : '. 'I.' .... .;' .. .... .: ":'" ~~. J"'~\~:' '1'../oi\' ~,:/ ~; - :.r".)., 'l:,0,.";'.~.:~.G:c H-J; . ',1'''j,!.\ rir;,;{~v"; ;. -~ ~..',:. '.' ., r__.. . : ...:, .... .. ;': . I..:~'. .. ';' hi < 'j.. ". \. :., ,'. " ....1 ',' ,f,,;~':""'~' ,:,.'. J,' :;;.i., ., ,,'. '-y; :'16ll'\~>l<".};~r,,'I")_'JJ,I/lf'! ;"\'w.~~\1'7.:':'f.l;'~~., V~~",.{ij';t..,~"'f. .P:!li~"',',,; ." _ . ..,.,~. . I ',' '~::t",;,.;. '.~.. ). " ;:\': <'T:'r.t: ; "<'(;;'{);' '''5~'O ~,(; "', ;"t:~' 5 'i'Y,' . '..' , '. ..' ..' . " : ;, :,' . . ': .': . ", . . . " . : . :) ~ ..../ "'-I"'ll'OLtr:ll FL :'. j] . J~ 1 n -,. , .. _I,. ;~ ~ 1 silo plan approval 10 bo valid for no leu than six (6) monlh. after complelion of the Florida Department ofTransportallon Slate Road 434 real/gnment. c...) (/)N ~OJ xUJ o r no n o C) ...., \.0 r- l'J 01 roo 0-" p~ .:r.Q :l> r- :.... :'1 (*) :/0 .~:o .-,I::J "'1) .1 ! 9. The Site Plan RevIew Board approval and the Board of Adjuslment varIance approval shall be collectIvely known II tho "City Approval.". 10. The Applicant hullled for common law vesled rlghls, IS oUlllned In Secllon IItC. of City Ordinance No. 534 (tho "Ordinance"). II. The Applicant hu noted the followlna expenmln the design and permllllns of this project: . a) Project deslan and permit.. SI72,906,39 b) Fee., Iicen.er, mlscellaneou. expense. _ SI5, 799.56. . The majorlty ofthe.e expendItures, however, OCcurred prior to !::e City Approvall and do not quality II applicable expendlturu as outlined In Section IIl.C.!. of the Ordinance. 12. Phy.lcal development ofthl. project hu not commenced, nor cln It commence, u the FlorIda Department ofTransponalJon (FOOT) hulndlcated through preliminary roadway plan. the requirement to acquire jub.lanllal portIon. of toe Property for the programmed Improvement of SII(e Road 434. It Is the desire of the owner to proceed with phy.lcal development once FDOT plan. arc flnll/zed. Attached are copies of FOOT riaht-of-way reservation m.p. .howlng the proposed IIISMlent oCthe Improved State Road 434 tran.versln, the Property (Exhibits" A" and "B"). The map. were prepared In December, J992, Ind remain valid If of the applicatIon date. 13. Section 337.241, florlda Statute., dlacum, the effect ofFDOT'. recording a map of re.eIVltlon, IncludIng the e.tabll.hment ofa buildIng setback line wllh a live (5) year moratorium on the Inuance of development permIt. (Exhibit "e"). Thlsleglslatlon wu repealed on April 8, 1992, however, the Owner relied upon thl.leglslallon and the map of reservation In term. of deferrIng development plans. B. CONCLUSIONS OF LAW: .":: ,.." J. Theappllcallon wu timely flied pursuant to Section II.A.3. of the OrdInance. 2. The Applicant h.. met the ownerahlp requirement. of Section m,A.!. of the Ordinance for ve.tlns against the Comprehensive Plan Ind the Land Development Regulltlon.. :. :-.:Y ~:.~;:) .~:/),tT ~lr1~~ll~~!\rf~j~fff~1~j[~)!i[i;,\iJ!'i;i,';:;;;")';';':~;i;,:,:i8;.f:".:;., ?;;;;.."::;", ..;"....... . i.,'.. ....,::./ ".'. ., ,- . . __"'lob'll"'...."'.j"..;!.,."',,,,.," .;;"'r :"', ,,:.. ,,",. '''"'" ',' .,' k ",..' """'" ....,..,. '." '''.}.'''' ,,".: . """ ; , ." ,,' " '.', .}" ..' "-:"':;"" ...~.'.,.,,,,...."""~;il,~lV.I..l'fll.. ~":, ':r-.. J h.: :--'" . '.......:,.. _ .... . ..., . '., . '" '. .~: "I 3. The Applic.ant was prevented from meeting all of the standards for common law vesting, as described in Section IIJ.C.1. otthe Ordinance. Prior to the, Plan Adoption Date, there were the following valid, unexpired acts ofa government agency upon which the applicant relied: VI rrl 3: Z o r- IT! . (") p C) 1..0 N 0') .. The Sile Plan Board approval otFebruary 27, 1992. b. The Board of Adju,stment approval ot April 2, 1992 w ,"" ex> w CUo 0'., o~., ~'r, B 1> f- :l) : " n '0 .-;u ."0 I'J) . i I .' ! -'1 c, The recorded FOOT reservalion map for the proposed right-or-way for State Road 434. While the legislation authorizing the recording of such a map was repealed nineteen (19) day. prior 10 the Plan Adoption Dale, lhe propp sed right-of-way still exists across the Property. .1 I The Applicant has not made I substantial change In Jiositlon or has incurred extensive . obligations or expenses In reliance upon lhe City'. Approvals as lhe vwner was prevented from any development activities, beyond the expenseJ to acquire the City approvals, by the FOOT'. map ofreservallon upon the Property, ORDER, . I IT IS HEREBY ORDERED that: 1. The Property I. vested against any regulation. of the Cily of Winter Springs adopled after February 27, 1992 that would preclude the development oflhe Property as described In paragraph B.3. above. 2. All development oflhe Property must be consistent with lhe terms of the Clly Approva" on which this Permit Is based. Any substanllal deviation trom the Cily Approvals ahaUauthorlze the City to termlnatethl. Permit and cause the development Involved to be subject to tho Comprehensive Plan and Implementing Land Development Regulations. 3. Thill Vested RJghl. Special Uao Permit applies to and runs wllh the Property. 4. Development of the Property .hall remain subject to thu requirement oCthe Compre~enslve Plan and Implementing Land Development Regulallons except to the exlenllhat the application otauch requirements would result In the denial or. ....... A. The vested 'and uses; B. The vesled denslly or Intenslly oC devefopmenlj C. Other specifically vested development entitlements approved In the City Approvals on which the Vested RIght, SpecIal Use Permit Is based, ; ....-. ", ," L:. '. I'~' .< ~.:.' ~:: '; !t!tl~I~!*Jf~ij~~~lfji1t~~~~~;;~!;~W;~itJ~;ii(,';!i'i~~~'~;~i:;~;;4':'i;1{:1;:}~,f,;::;1 1 "," ~ ~ "'~, :.. . ';. . ,_J . ..'~ _:'" ;.j;'., ;. , '" . ~ ,"':0' : ',' t: ",' _ '.' ~ '~.,., . .. ., ~';" . .. '. r"\ .... ~ ,0 . . . ,,' ! "'i ,',', I,P' '. ':" '",c, "'1"'"'' "',' '<'" " " "",;Ij i\l)\li~\:!f%~;1l',;1';" ',0;;, ..1Im,it,;"" 1i '0' ,; , 't,,,,,~ ',"" ,'il ~'" ,..' , ,",'" " , , .' ,,', .." ; <",. "" ""i" i' " "', ':" 'rt':," ""~,;>",,,;,,!\.jc<"""> ;f)~ :1;:"I:W;:': ;~~~:q" ", · ','" ': il' ':..' .' . ..' .. ..', I ....t '-' - , ". . : . . . .' .~ . . . ..:". . . ! j ,', ! ,Ii " '. ':(:"M1NOLc'ro FL : ~~ . . . .J l- I C. '-' . , u. ,.... .... ~ ~ .. -, ~ 1 .~ S. This pennit shall expire at the later of six (6) months after FOOT's realignment of State Roid 434 at Wagner', Curve or five (5) years after the Issuance of the Vested RJght, Special Use Permit. This permit may be revoked by the City Commission upon a showing by the City that failure to revoke the Pennit will result in a peril to the health, safety or general welfare of the residents of the City that was unknown as of tho date hereof: i CITY OF WINTER SPRINGS ,~ vi .'-' ~c:o xc...> o r rn n c o \D N -.J 0)0 Cl"T1 0-" :~r.n :1'" r- ::0 :'11 n 10 . :.u ..,I~ olin I ! " ~~ y: . lD (. .. rman, Planning and onlng Board '7/;;'1/9.3 / I "T1 .r- Dale: . .... ,- . .::" ~~ . ,01. ~ f ',f II . "\JI\.)C. q ; iiI' OF Clr.vull COURT - ,~t~,iItOLE COUUTY, FL. ZSIS5f1 ~ 1992 KhR \ \ W \0: 0' / 3.-j.. day 0 f 1M Attt-IJ. J" (/) C.-) ~' lO ,.. ~ Flor~~a f'- SPRIN~~, o ?~ (::) roo ::>...,., ~~~ :!l . 'n > ,- :>, ,,, (") :,rJo ....;:u 1;-)0 I'IV) .. . , . I i ",' THIS AGREEMENT mad. thb 1992, by and b.twca.n SPRINGS LAND INVESTMENTS, IJI'D., a limit.d partn.r.hip, a. Le..or, and the CITY OF WINTER FLORIDA, and/or a..ign., a. Le...., WIT N B SSE T HI I in the con8truotion of c.ntral wind. Park, a .up.r park, whioh WHEREAS, the ~ITY OF WINTER SPRINGS, FLORIDA, i. .ngaged r.quires the tGmporary r.alignm.nt of stat. Road 434 in the are~ ;; known looally aa "Wagner'. curve", and :c o r:- WHEREAS, thll CIT'IC or WINTER SPRINGS, FLORIDA 18 obli9at.~ . n to aoquire right of way and p.rform oonstruotion for sai~ ." ,.... realiqnmant in a manner aooaptable to the STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION and con.i.tent with DOT Permit · --- t:;-T1vc...~90~5~ , and l.") I" co W wo 0...,., 0." ~r,B :r.. r- ::tI 1'1 n '0 ';0 ..1::1 'I(n C) \.0 N co WHEREAS, a spaoific condition of the aforementioned DOT permit 18 that the CIT'IC or WINTER SPRINGS, FLORIDA aoquire a auffioient property int.re.t in th. land upon whioh th~ temporary r.alignmant of SR 434 .hall be oonatruoted .0 that .aid t.mporary realignment may r.main in p.rpetuity a. conatruot.d purauant to the DOT permit' and . WHEREAS, SPRINGS LAND XNVESTHENTS, LTD. i. a property owner from whom the CITY or WINTER SP~INaS, FLORIDA mu.t aoquir. property to comply with the condition. of the DOT permit, and WHEREAS, SPRINGS LAND INVESTHENTS, LTD. i. d.sirou. of . . I maintaining its oonstruotive relationship with the CIT'IC OF WINTER EXHIBIT "8" ~.C ,.... ':!,'}1:'; ,'i>',;~':;"~o/k':1f1rif<~?';'!::\1~'!f~t~f~:~;~;'":~~'v,~~;ji:,', :.. ... .;' ",::,.. ", .... ',' ..,..,........ ..'1.r~ . . . ' ':. ..... .:.: '\'~ .. :.:~..' ' ',' ,: .:", ... \' ~ 0 '. " . . .' .~Ei'.a-NOLI C~..FL : SPRINGS, FLORIDA, and the CITY OF WINTER SPRINGS, FLORIDA is de.irou. of maintaining ita good relation.hip with SPRINGS LAND INVESTMENTS, UTD., it i. other valuabla con.idorationll 'agreed to by the partie., THEREFORE, in con.ideratio~ of Ton Dollar. ,." t/) ~..J . ~~ If.) ($10.00) ~c1 ~ "'"I. f.') it ~8 n o - :,,-.J UTD-, a Florida ~ c;?O 0"'" 0"" :';0 =t: i- ;'1) 1" n ~o ).~ ';0 1,)0 !'IVI agreed as follow.' 1. That SP~INGS UNO INVESTMENTS, I limited partnorahip, (here1naftar referred to u x.,e..or) dOBS horoby loaa. to tho CITY OF WINTER SPRINGS, FLORIDA, (horoinafter ..<orr.4 tD .. .......) .n4 tho ....... 4D.' h.raby b1r. frDm ."''Vi' :~ PlCX) the land. ducribod in Exhibit "1." wh~ch h attached hereto ~dw o inoorporated heroin by roteronoo to bo ulled for tho. tomporfXY n roaliQnmont of Wa9nor'. curvo, inoluding tho inatllllation ;-ote::> ..., 1..0 pavomont, ourb. nnd Quttor., runoff wator tran.mi..ion ihdrV 1..0 treatment taol11t1ea, and .idowalkll until .uch tillle a. the STATE OF FLORIDA DEPARTMENT or TRANSPORTATION .hall op.n for publio travel tho final roaliQnmont of Wagner'. curvo or until .uoh timo a. the f'lJC:J C:J -'1 t.:J -" ~.:~ l- t - ''ll ~ ,., c") .:~ 'I":I .t/l I CITY OF WINTER SPRINGS, rLORIDA .hall acquiro tho lea.ed area by oondemnation pur.uant to paragraph 3 of thil Agroement. ~. Tho oonltruotion reforrod to in paraQraph 1 hereof .hall .ubltantiallY complY with the plan. .ubmitted to Le..or, a ooPY of whioh 1_ attaohod horeto ~nd incorporated herein a. Exhib1t "B". provided, however, that the CIT'i or WINTER SPRINGS, FLORIDA and/or tho STATE OF FLORIDA DEPARTMENT or TRANSPORTATION may make .uoh future ~od1fioation. to the temporary r.alignment a. may bo d..mod neoe..ary for ~he .ato and effioient funotion of tho 2 . " ~d~14i~~~jll~;~~;t;;!t::~it{;:;~::J.~;:t;li,,~'!i'{,J:.;t1ir:\I!'l~t,:ti:i:'H'ri0;,~ii;!:;1r'lit;;i~;t::;>,/ :: /.):~'+.: .: ~::. . '- ~~~\.::::~':'::'::;.;' . "._. '.J. ...f.." . . 'r. 1'3-62 :.<:I,'~IHOL[ co. FL o~~ ;. i r) faoility. 3. The Le..or .hall rata in tho option ot r.quiring L..... to puroha.. tho l.a..d pr.mi..., but in no .v.nt .hall this I'v , . . m W option bo ox.roi..d sooner .than one (1) year trom the date on whi~;r \.0 . .~. w this leas. i. granted. Th. CITY'OF WINTER SPRINGS, FLORIDA sha~~, fT' at the option ot the Lassor, b. r.quired to purohau by way~'_ statutory oondemnation proo.edings the land de.oribed in EXhi~~t~ I '" "A" as the l.asod premise.. !Anor ghall e"erollle .itll option to require lIuoh purohas. of tho lea..d premi... by providinq written notification to the CITV OF WINTER SP~INGS, FLORIDA. SPRINGS LAND INVESTMENTS, INC. her.by aqr... that roquirinq tho puroha.. by way,i . . ~ of .tatutory cond.mnation prooeedinq. of the leued pnm'i..s is itf;: o exolusivo r.medy at law under this LeaDS. SPRINGS LAN~ (') ,.. INVESTMENTS, INC. hereby waive. any and all legal or equitllbl(, " rights it may have to oau.e the .viotion of Le.... from the loa..d premi... or the removal of the tomporary aliqnm.nt prior to the op.ning for pUblio trav.l ot the final realiqnment of SR 434. It tho CITY OF WINTER SPRINGS, rLORJDA do.. not puroha.o thollea..d promis.. from La..or within ninety (SlO) day. of its reoeipt of Lo..or'. written notio. r.quirinq .uoh puroha.. pursuant to this paraqraph, Lasoor'. o"olu.iv. r.medy .hall b. a .uit in invormo oondemnation aqain.t tho CITY OF WINTER SPRINGS, FLORIDA. 4. La..or'. aoe... tram the t.mporary aliqnment, one. oon.truotod, to the r.maindor of it. lands shall be govornod by RUlo. 14-116 and 14-~7, Florida Administrativ. Cod.. , 5. L..... fi.reby indemnitio. and agre.s to hold 3 . .... ". " ~l c?o g~! ;'';0 I - . ~l :', I ~I "'0 )>;:r.J G') Cl fllCn .J) ,--.) ~~ 00 r.;J- W :.,.t: I C) ~ 1..0 'j ~... .. W '."It 0 'H }!Y};'ft~(;~;;,i;:;i\ >':';'}X:)';,,;~;:;-,;.{;,,::: ~':;'I';(: '" >, ,', '",'.;' '/ '" ':'. ,: f:~. .) :,:>:: d ~..~,\:r.)<;-~'~"'r,r,.~..~.:-.,::Iy,.. ..,' r.:.....: -.J. ,"..,.....,;;.1. "f' . ""j" t ". ......,.. I "1.' '. . ..' " ." ..'. .. r 'J'''-.I . . ~,.' ~.' '0' ......... "'JJ.I,..,:.I'~'~.,'~:o\I.."r'~: ":10., ~ "'.//',~~,.:.:- .~. "'''~~:'';':'O.!,'':'''l':';; ':,,' ::+~,,::: ':':'.l';.!..:tjj~~:;~~lr;..'..".~'.,. r .' : I ..I:~-:\:;;.~.~?:...~.;.~' .~.:. ;;~ ':' ;",i',':;;c'~';:;"H';"\}*f~~~f~~~#~~~~!m:ltt#!,:;~r;~~f~~r;~;1:; ','.... _,i ':',. ""' --;'1 ')6') \.)! \) --,......... i . . ~ j i i t I I I I I I I I I I I .1 .1 , ! '. . OFFICIAL RFCllflDS 800K .,~r.:' 3283 0931 SEHIHOLE. co. FL harmless Leluor tram any and all olaims whatlloevex:;' r.lIul tinq trom :::,::: ;Vi i N 0 L [ CO, FL the oon.truotion on or ulle ot the l.a..d pr.mi...dtor a t.mporary roadway or related temporary roadway improvem.nt.. 6. r'-> Le..or and Le...e und.r.tand that a portion ot ~p ~ , ;s\.D her. in are und.r thr.at at cond.mna~ion by tho st~~ ,- In tho .vent that the lands l.a~d o - ther.ot, .hall be tak.n by the power:qt-.l , ra or .old in li.u thor.ot, L..... ohall not be W l I O"Id o"tl l~:j :.t; land. lea..d ot Florida a. m.ntion.d above. . ! herein, or any portion . I emin.nt domain, 1 entitled to any part at the award tor .aid takinq or the proc.eds ot any .al.(.) in lieu th.reot, nor snaIl Le.... b. e~titl.d to any I oompen.ation paid tor damaq.. oau..d by any partial takin9, or salo in li.u th.reot, to any portiones) at the pr.mio.. leased herein r.maining not taken or the oo.t ot curinq .aid damaqe.. 7, Le.... ahall maintain and k..p tho lea.ed lands, toqether with thll roadWAY improvement. thereon, in qood repair tree trom retu.. and rubbish. 8, That upon tho oOIlls:>>htion and openinq at the final realiqnm.nt at BR -'=Jot At WAqner'" Curve Le...... shall return the land. lea..d to the oondition they wer. in prior to the l.all., unl.s. permitt.d in writing by Le..or to do oth.rwi... 9. L..... .hall duly ob.y and oomply with all publio . laws, ordinance., rule. or r.qulation. r.latinq to tho us. at the l.a..d land., " . . .' I ::.: .....:~. .:1...... 10. La.... .hall pay all qovernm.ntal tax.., a.....m.nt. and charq.. whiah .hall b. .......d and l.vi~d upon the leased land. or any portion !h.r.at durinq the .et t.rm .. th.y .hall .:- ~ ." (:(i.~:. t::(~}: ~;: 4 ( ;;";"':~:",'J::' ,; ~:::. .':. --: ::.,',:l":. .,.:...~!::';'!: -:,0,.;':':;' ':i~~~i~;"';'*\FJ!i~ 1~~.~~tj~fm~#.J~1f. ~i~t;;O:r:~"!;,i':,' . ,;"',. ';'jt' >-;.; ''\' '.~ "i' '. " ,,, ..; ",!.."",':.;' . 1.71 ,:;' 't . ~.;:'. .;0'" ""',;" :" '~':' ~:~l~:':"'i';'~~ ~)i;?:' 'i :~ ~'C;AlR[:~ROS\? .',.... ',/ ' .1 . .... ! ,) '. -:. BOOK ~~.~I i 1 .. ; l . '. .~: E :'mw L [ C [). F L .l ? 8 3 I ! i ! ! I I I , I I I I i j . ! ; I I I 0932, SEt:1INOLf co, FL become due. 11. Lo.... ha. bcuan advisod by Lessor that Lessor i i I i I I .\ the property. rDs.rve. the right to ..11 the leas.d lands .ubj.ot to th~ loaso. La.... agr..s to coop.rat. tully with L.ssor in any suoh sale of,~ " (f) W ~ \D ... \.0 agreement ~~t j-' chan9o. h.reto mu.t be dn o :'1 -..J ro 13. Thi. Lea.e shall be qov.rn.d by the Laws ot the.t:"' 1:1. The toreqoinq constitutclIl the entire t170 C)..., 0"" ;':0 > r- :'17 I'll n :;!?O ......~ (;)0 111 VI tho partie.. Any adcJitions and/or , writing signed by both partie.. state of Florida. In the .vent that Rny provf~ion or clau.. ot this Laa.. oontlict. with applicabl.. Florida law, suoh oontlict shall not gttGct the other provisions at this Laa.. which will be givon full .ff.ct without the conflicting provision. IT IS MUTUALLY UNDERSTOOD .AND AGREED that the oovenants and agr.ements her.in contained shall enure to the bane fit of and bo equally bindin9 upon the r..pectiv. axeoutora, adminlatrator., heirs, Bucce.sor. and ..signs of tho parties hareto. IN WITNESS WHEREOr, the p~rties horeto have ex.cuted this I. .... '." ~', Lea8Q on the day and year first above written. I~ "\\I,h E. to<.een ~"qM~~l~, LTb siqnad, ..Bl.d and deUvered ~'~ ~p.';:~~ IN ^"f!.thJb'. . in the pr..enco at. I... Lf\N ';'ly'l)~ ~~~~:::\:::~~e.8 . ~. - h1 'i7At u 1> p..,--,~..... \:StA~..;~Y. ~Af r- ~~ T. "U~TtJtJ C~R~ilf\~<\\\~~~~ Thill document prepared llY' Bri9ham, Hoore, Gaylord, Wil80n, ~lmllX", 'fJ11.t1lJ schuster' Bachs, 111 N. Oranqe Ave., Suite 1575, Orlando, FL 32901 (407) 423-22!5l }.r~i'.i . ~ . :. - !i.'.'~> .!!~~"!~!~~J!~~f~;if1~1*~1[1~~~~~~~;~j~;~~!H~:t~!;~,i"L..;di{K~:.~:i:;~:jJ!~,;;~:}2i~ri::j:'i ...... .' ...... . lO;' .;'. . . ~." . . i.~ ~;..'~:~:)X(~.: '., .;. . 0', . "" ;..:.'.' ~rit.~~;~~li?\.~~:~.ft'~.:;:r.;'j.R'~:~~1,2~~.ff.': ' <Y!HOLE.' CO. FL , ') R 3 0933 '"jl" ", . . I ! ! , -, -; 'j' \~G5 pFFIC/Al RECORDS '11J0V.'r-.1";: .' Sf''','';';/( ClI. Fi.. STATE OF FLORIDA COUNTY OF ORANGE instrument ~. 8cknowledged befor. me this ~ , 1992, by ,4V\ 8. '('",-(1 : u ~1 o SPRINGS LAND INVESTMENTS, LTD. ;,? limited partner.hip, on behalf of the partn,r.hip. H~j personally known to m. or has produoed ~~~ I~ · a. identifioation Ilnd di,d t'ake an oatho fJ 1"-.> W OJ:) ~ mo 0..... ~BI ):.. .- ;'.1J PI n ~f5 mo 11\<n Y 8 Florida or she is I e.c../ / (,,'Si 'I Commis.ion Number ?~ Ul NOTARY PUBLIC, , (/' ". - ......-. ': .AA'~Mn\~/i"r! Printed 'o~.!I7lr'J'od) .....,.:;'. .,' " 1""..),1]",',..,':\...., . STATE OF FLORIDA AT LARGE ,.?l1'~~i.) ,.' My Comminion Expirul ~/q IC(Q~ !!~I'iili~i~i~lI~!{~1i:i~!A~~;,~';titJ'j;[,Ji~:~j;,U,;~'lm\~~}dit~1",;";;;!:';:f~:1~"~:,,,F;1 ':".' ....!t.. .,,, ~'. r....:;:~\J.."....2:1Ii lVJ;..,-.......;'~I'.....\ '.' ~r"'" . . ~ . '. . ,.. I' ,. . ~-~ )[:l/~ ":.,:..~'IW ~1'[.;.:~'.~r~~'~~~~;~~IJ\\r~rKtit~'~i\.1J:t;\I<t~y1~~-l ::~1:;: ~:\::/\f;\'~l..~: :':.~:~""~~X .;~~:: .::.. . >.' .:'~', .~:~., .,'(.:, .:' ":':, .::.:.~::::...>.:'::.+..~::;.:.(:..i.t~?~.f~;.:;~~;>:'\:';.'::'~:W~(.:;":'. ~?;::~..:::"" ,'''''~:':'' ~:'. ' '; (1".'> ','. ......' -? ') i ') r c ' /. < ,. i <, , --;, ',J ': OFfiCIAL RECORDS i r.;~:11INOLE CO. r L BOOK .~.\(~~' I ....,.,. "" '.. " ..........., I 3283 0934 . SE;HIHOLE co. FL STATE OF FLORIDA 1'-> W \.0 \.D r;T10 0-., ....>"T1 :;"0 ;:; r- :.I) 1'1 ('") ~O -":;U /:")0 /Tlln VI '1" :r: :.~; o The toreaolns In.tru=ent wa. acknowledaed betore me thl. lOth,- day ot March, 1992 by Richard ROlanlky, al City Manlier at tha City of~ Winter SprinS., Florida. H. il per.onllly known to ml and did not tlk~ an olth. COUNTY O!~~~HINOLE NOTARY PUBLICI bc~-;-: ~~ ( 1 N "'1 -.J r 0 0) CC 090706 Commi..ion Number Miry T. Norton -Hotar;: Hallie (Prinud or Typ.d~"",:..t1"""", "" " J,,, "" " """,.) '. STAn or rLOIUDA AT LAME: / (siV.r,)., II '. .;...::..... . I .. ,I '1', ,. I . .: \, I f.' f ", : -'lh~"MIflV.~l(Plr"I' {;.!, ~, 'Vj Ii; . , flO~IOA A' lA.d. . . .. M Cl'MIoIIIllOH exmll MAlt 04 I", '\...... .' rONOID 'H~U AOIN1'. Hor,ur '';OKuAn. .....:.;,;.1: '. ',,:./ ""': ~ ., I..,..... ATTACHMENT B