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HomeMy WebLinkAboutTab 07 Schrimsher Land Fund This document was prepared by and should be returned to: MARYANNE MORSE, CLERK OF CIRCUIT COURT ChdrIes C. Carrington, Esq. SEMINOLE COUNTY Vreenberg TrauP.A. BK 04846 P(3 0513 450 S. Orange Ave., Suite 650 CLERKS # 2003092803 RECORDED 06/02/2003 12-24:14 PM Orlando,,FL 32801 RECORDING FEES 105.00 RECORDED BY G Harford AGREEMENT An Agreement made and entered into as of this day of August, 2000 by and among JDC CALHOLTN, INC., a Georgia COTPOTaliOn, herein referred to as UDC," and the City of Winter Springs, a municipal corporation existing under the laws of the State of Florida, herein referred to as"City." RECITALS WHEREAS, Section 163.3167, Florida Statutes, provides that each local government is encouraged to articulate a vision of the future physical appearance and qualities of its community as a Component of the local comprehensive plan through a collaborative planning process with meaningful public participation, and WHEREAS, the City completed a comprehensive planning study, with extensive public participation from local residents and local, county, and state officials, which resulted in the adoption ofthe Winter Springs Town Center Plan, and WHEREAS, pursuant to that certain Purchase and Sale Agreement between Laverne Kingsbury and June Kingsbury,as sellers,and JDC,as purchaser,dated Scptembe:r 22, 1999,JDC is the contract purchaser and will be the owner and developer of approximately fifteen(1 5')acres of land located within the boundaries of the proposed City of Winter Springs Town Center and more particularly described on ftW-bjt 'A" attached hereto and by this reference made a part hereof(the"JDC Property"),and WHEPREAS, JDC and City desire to rnemoridize their understandings and agreement regarding,their respective interests, expectations, and intentions contained in this Agreement regarding the Town Center. NOW THEREFORE in consideration of the terms and conditions set forth in this Agreement, and other good and valuable consideration, the receipt of which is hereby acknowledged by the parties,the City and JDC agree to the following: L In-corPoration afRecitals. The foregoing recitals are true and correct and are hereby fully incorporated herein by this reference as a material part ofthis Agreement. II. petwtions. Unless the context clearly indicates otherwise, the following words and phrases when used in this Agreement shall have the meaning ascribed below, a) "City" shall mean the City of Winter Springs,a Florida municipal corporation. b) "City Code" shall mean the City Code of the City of Winter Springs, Florida including,but not limited to,the Town Center District Code. FILE NUM 2003092803 OR BOOK 04846 PAGE 0514 c) "Conceptual Site Plan" shall mean the three phase conceptual site plan which 'f JDC agrees to permit and develop on the JDC Property under the terms and conditions of this Agreement and which is attached hereto as Exhibit "B" and fully incorporated herein by this reference.. d) "Hickory Grove Park Boulevard" shall mean the planned urban boulevard running from Magnolia Square west along the entirety of the north boundary line of the JDC Property, as identified in the Town Center Plan and Town Center District Code. e) "Hickory Grove Park North/South Extension Street" shall mean the Town Center Street running from S.R.434 north along the entirety of the west boundary line of the JDC Property and terminating at and connecting to Hickory Grove Park Boulevard. fj "Hickory Grove Park" shall mean the 'central park" as identified in the Town Center Plan and Town Center District Code. g) "Market Square Parcel" shall mean that portion of the JDC Property as generally depicted in the Conceptual Site Plan. Market Square Parcel shall consist of approximately thirty/one-hundredths(0.30)acres. h) "JDC" shall mean JDC Calhoun,Inc., a Georgia corporation. i) "JDC Property" shall mean the real property to be acquired by JDC and located in the Town Center District, as more particularly described inxhibitW .' which is hereby fully incorporated herein by this reference. j) "Main Street Improvements" shall mean that portion of Main Street on the Town Center Plan located from State Road 434 north to Magnolia Square(including pavement, curbs and gutters, and stormwater facilities), as more particularly described in the Town Center District Code. k) "Town Center Plan" shall mean the sketch concept plan entitled "Winter Springs Town Center Master Plan", prepared by Dover, Kohl & Partners, dated March 23, 1998, as amended in February 2000, a copy of which is attached hereto as Exhibit "D" and hereby fully incorporated herein by this reference. 1) "Town Center District'.' shall mean the town center area located in the City of Winter Springs that is depicted in the-attached "bit "E" which is hereby fully incorporated herein by this reference. m) "Town Center District Code" shall mean the Town Center Zoning District Code adopted by the City Commission of Winter Springs on June 12,2000,which is attached hereto as Exhibi "'l "and hereby fully incorporated herein by this reference. III. J C Pr r"ect a lrernent nd Condition . Page 2 of /5 h� FILE NUM 2003092803 OR BOOK 04846 PAGE 0515 In consideration of the mutual promises and consideration set forth in this Agreement, ; JDC intends to permit and develop a three phase Town Center development project on JDC Property located within the Town Center. JDC agrees to permit and develop the project under the terms and conditions of this Agreement and the Town Center District Code. The final site plan approved for the three phase project shall be in substantial conformity with the Conceptual Site Plan unless otherwise approved by the City during the City's Town Center development permit process. The City acknowledges that the layout of the Conceptual Site.Plan is generally in accordance with the Town Center District Code.Unless otherwise approved by the City, the final site plan shall be designed and implemented as follows: a) The development of the fitaal site plan shall be in three phases as depicted on the Conceptual Site Plan, Phase I is required to be constructed and shall be constructed in its entirety and Phases 1..1 and 11I shall be constructed if JDC determines that market conditions permit such construction. At JDC"s discretion,JDC may develop the final site plan in less than three phases if market conditions permit a more expedited development of the JDC Property. In addition, JDC may,at its discretion,develop Phases 11 and III in portions. b) In accordance with phase I of the Conceptual Site Plan, the City agrees and acknowledges that upon JDC complying with the permitting requirements of the Town Center District Code, Phase I shall consist of: (i) a grocery store anchor building consisting of approximately 44,000 retail square feet; (ii) not less than 63,840 square feet of additional retail development at the corner of Main Street and State Road 434 and along Main Street inclusive of unfinished shell space pursuant to paragraph 1I1(f) of this Agreement; and (iii)a parking ratio of up to five(5)spaces per 1,000 retail square feet;, c) ,, T,he drug store anchor which is contemplated to be constructed on the corner of State Road,4 4"and Main ,Street may, at JDC"s discretion, be permitted and constructed at another locatioitl along State'Road 434, If so permitted and constructed, the drug store anchor will be trtpluded as art of Phase I and another retail use shall be permitted and constructed at the aforementtoned mer in Phase I or Phase H. The City and JDC acknowledge that a restaurant ; and/o la fcp,use would also be suitable at the aforementioned corner. d) All phases of retail development on the JDC Property, in addition to the grocery store anchor, may-.fie resp to 272,000, retail square feet, unless otherwise agreed to by the parties, Provided„however,tate City encourages development in excess of 316,000 retail square feet., e) JDC shall not permit or construct more than 45„000 square feet of buildings beyond Phase I of the Conceptual Site Plan unless the 'next building permitted and constructed is the northern most retail 'building on JDC Property along Main Street as depicted on Phase II of the Conceptual Site Plan ("Final fain Street Building",). The Final Main Street Building may be permitted and constructed simultaneously with another Phase H building above the aftareraaentioned 45,000 square foot threshold. Notwithstanding JDC may permit and construct the Final Main Street Building sooner than required by this paragraph. The City strongly encourages JDC to permitand construct the Final Main Street Building during Phase I. f) The City prefers that all buildings constructed on the JDC Property be two (2)to four (4) stories in height and that each story be suitable for occupancy, To that end, JDC and City Page 3 of 15 FILE NUM 2003092803 OR BOOK 04846 PAGE 0516 agree the drugstore anchor(or other use as contemplated herein) on the comer of Main Street and State Road 434 and the buildings located along Main Street shall be a minimum of two (2) stories , but the second and higher stories may consist of a shell story consisting of finished exterior walls,roof,windows, and other surfaces and an unfinished interior. All shell stories shall be designed and engineered so as to accommodate occupancy at a later date. The City agrees that all other buildings on the JDC Property may be one(1) story occupancy buildings provided that JDC constructs the buildings to a height of at least two(2) stories in order to achieve the vertical character and scale required by the Town Center District Code. JDC agrees that such one story occupancy buildings will incorporate a parapet wall, which the City hereby deems acceptable, or other architectural feature suitable to the City that visually make the buildings appear to be at least two (2) story buildings on all sides. However, nothing contained in this paragraph shall prohibit JDC from constructing full occupancy buildings of two (2) to four (4) stories, where not otherwise required by this Agreement,if JDC determines that market conditions would allow such construction. g) The City prefers parallel parking along Main Street but agrees to construct diagonal parking as depicted on the Conceptual Site Plan to the extent market conditions, in the sole discretion of JDC, require the additional parking spaces afforded by such diagonal parking. If said diagonal parking is constructed instead of parallel parking„JDC agrees to donate to the City the additional right of way which may be needed to construct the diagonal parking. Nothing contained in this Paragraph III(g)shall prohibit the City from constructing diagonal parking along Main Street atits sole choosing and discretion. h)JDC, at its discretion, shall be allowed to delete the buildings depicted on the Phase II Conceptual Site Plan which are west of the grocery store anchor, provided JDC submits a site plan,acceptable to the City, that substitutes the buildings with: (i) parking; (ii)a pocket park of not greater than 1200 square feet (unless a larger pocket park is agreed to by JDC)which shall inarorate a kiosk., gazebo, pergola, water fountain or similar architectural feature; and ("iii) a landscape btstr for facilities along the rear of the grocery store anchor. The City agrees.not to unreasonably Withhold such acceptance provided the site plan complies with the City Code., IV. ` 31DC's Initial 01bli ins and Chuditions.. Upon the Effective Date of this Agreement,JDC agrees to perform the following: a) Promptly use all reasonable and best efforts to complete the acquisition of the JDC Property pursuant to its existing contract rights and provide written notice of the acquisition to the City. However, in the event that JDC does not acquire fee simple ownership of the JDC Property by the closing date set forth under the terms of the existing purchase contract,then this Agreement shall be automatically terminated and nullified, in which event the parties obligations under this Agreement shall be and become null and void and of no further effect. JDC shall promptly provide the City written notice if JDC fails to close on the JDC Property. b) Promptly use all reasonable and best efforts to secure a grocery store anchor and a drug store anchor as contemplated under Phase I of the Conceptual Site Plan. In the event JDC is not successful in securing both the grocery store anchor and drugstore anchor, JDC shall have the right to terminate this Agreement by providing prompt written notice to the City. JDC shall Page 4 of /S FILE NUM 2003092803 OR BOOK 04846 PAGE 0517 provide the City prompt written notice at such time JDC has secured each of the grocery store r, anchor and drugstore anchor. c) Promptly commence the design, engineering and permitting of Phase I of the Conceptual Site Plan. If the City takes final action disapproving the final site plan for Phase I of the Conceptual Site Plan or any Special Exception listed in Paragraph XII of this Agreement,JDC shall have a right to terminate this Agreement by providing the City written notice of said termination within seven(7)days of the City's final action of disapproval. d) Promptly commence and within ninety (90) days following the Effective Date of this Agreement submit a conceptual stormwater application to the St.John's Water Management District, and acquire a construction permit for the construction of surface/storrnwater drainage improvements on JDC Property which will be necessary to collect and discharge surl°acelstormwater on and from the JDC Property to the City's stormwater system. The construction permit shall be obtained by JDC within twelve(12) months from the Effective Date of this Agreement or by the date of issuance of the building permits and commencement of construction for both the grocery store anchor and drug store anchor,whichever occurs later. In addition, within forty-five(45) days front the liffective Date of this Agreement, JDC's engineers shall provide the City's Utilities Director with estimated surface/stormwater volume and flows expected to be generated, and discharged to the City's stormwater system„ from the complete build-out of Phase III of the Conceptual Site Plan JDC acknowledges that the City will use and rely on these estimates in obtaining a surface/stormwater construction permit as required in Paragraph V(d) within 12 months from the Effective Date of this Agreement. JDC agrees that City's engineers (who shall be qualified and experienced in stormwater engineering and permitting) will be able to provide input into the design and permitting process for the surface/strirmwater drainage improvements on JDC Property for purposes of providing the City with reasonable-assurance that the improvements will properly discharge surface/stormwater into the City stormwater system and that any and all applications and/or submittals to the St. John's Water Management District will be subject to reasonable and timely review and approval by City's engineers. City's engineers shall complete said review pursuant to J'DC's reasonable time schedule and shall not unreasonably withhold said approval. V. City's Initial Ohli aborts avii C itian, Upon the Effebtive Date oftWs Agreement,the City agrees to perform,at its expense, the following: a) Promptly Commence the design, engineering and permitting to extend and connect (ie., "stub in")City water distribution,and sewer collection facilities to the boundaries of the.JDC Property in order to provide sufficient capacitor to reasonably accommodate and guarantee the level of service capacity required for the Town Center and the JDC Property as developed in accordance with Phase Ili of the;Conceptual Site Plan The.City shall not be required to extend either sewer or water facilities into theinterior portion of the JDC Property unless agreed upon in future written developer agreements.The City also guarantees sufficient capacity within the sewer andwater treatment plants to reasonably accommodate and guarantee the level of service required for the Town Center and JDC Property , as stated above. The City will fully complete such Pages of K FILE NUM 2003092803 OR BOOK 04846 PAGE 0518 design, engineering (100% plans) and permitting not later than twelve (12) months from the Effective Date of this Agreement. b) Promptly commence the design,engineering and permitting of Hickory Grove Park Boulevard and Hickory Grove Park North/South Extension Street,'The City will fully complete such design, engineering,(100%plans:)and permitting not later than twelve(12)months after the Effective Date of this Agreement. Provided, however, the obligations of the parties under this Agreement shall be contingent upon the City successfully entering, into a binding purchase contract to acquire the necessary right-of-way for Hickory Grove Park Boulevard and Hickory Grave Park North/Soutb Extension Street not later than ninety(90)days after the Effective Date, failing which, either party hereto shall be entitled to cancel this Agreement by written notice thereof to the other party given not later than one hundred(100)days after the Effective Date. In connection with such acquisition and right of termination,the City agrees to furnish JDC copies of the purchase contract, as amended, relating to such acquisition not later than ninety (90) days. after the Effective Date The City acknowledges and agrees that JDC shall be entitled to exercise the foregoing right of termination in the event the terms for closing the final purchase contract are not acceptable to JDC, it being the intention hereof that the purchase contract shall provide JDC strong assurance that the purchase will actually close in a timely manner and the City will be in a position to fulfill its obligation to construct Hickory Grove. Park Boulevard and Hickory Grove Park North/South Extension Street, Anything herein to the contrary notwithstanding, the City shall be obligated to actually close on such purchase transaction not later than the date of issuance of the building permits and commencement of construction of all or any portion of Phase II of the Conceptual. Site Plan. Notwithstanding, the City shall have the right to terminate the final purchase contract for Hickory Grove Park. Boulevard and Hickory Grove Park 'North/South Extension:Street if JDC fails to obtain a grocery store anchor and drug store anchor for the JDC Property. c) Promptly commence the design, engineering and permitting of the Main Street Improvements as provided in paragraph "VI(b) of this Agreement. The City will fully complete such design„ engineering(100%plans) and permitting within 12 months of the Effective Date of this Agreement d) Promptly commence, and within ninety (90) days following the Effective Date submit, a conceptual,stormwater application to the St. John's Water Management.District, and acquire a construction permit for the construction of surface/storm water drainage improvements to service the JDC Property„ as provided in paragraph "VI(b)„ and other portions of the Town Center within twelve(12) months from the Effective Date. The City agrees that IDC's engineers (.who shall be qualified and experienced in stormwater engineering and percrtitting) will be able to provide input into the design and permitting process for the su,rface/stormwater drainage improvements and that any and all applications and/or submittals to the St, John's "Plater Management District will be subject to reasonable and timely review and approval by JDC's engineers. JDC's engineers shall complete said review pursuant to the City's reasonable time schedule and shall not unreasonably withhold said approval. The City,acknowledges and agrees that no retention/detention areas and/or ponds shall be'located on JDC Property and that no other portion(s) of the City's surfacelstorm water drainage improvements shall be located on the JDC Property without JDC's approval, it being the intention hereof that the City's facilities shall Page 6 of J FILE NUM 2003092803 OR BOOK 04846 PAGE 0519 accommodate all surface/stormwater from the JDC Property as developed in accordance with Phase III of the Conceptual Site Plan and that JDC's facilities shall serve to collect such surface/stormwater for discharge into the City's system, The City agrees that JDC shall have the nonexclusive right in perpetuity to use the surface/stormwater drainage iunprovements to discharge surface/stormwater generated from the JDC Property at volumes consistent with the Phase III development,of the Conceptual Site Plan. JDC acknowledges and agrees that following installation of such surface/storm water drainage improvements, the JDC Property shall be subject to an obligation to contribute to the costs of maintenance thereof on the same basis as other property owners served thereby under the City's municipal stormwater utility system, Upon reasonable request of JDC, and as may be reasonably needed by.IDC from time to time, the City agrees to furnish JDC with a written letter or other documentation as customarily provided by the City to evidence that JDC has the aforementioned discharge rights as provided in this,paragraph V(d) in satisfaction of the requirements of JDC's construction and/or permanent lender and Prospective tenants on the JDC Property. Provided, however„ the obligations of the City to acquire the stormwater construction permit from.St. John's Water Management District shall be contingent upon the City finding suitable property to construct the City's surfaceJstormwater drainage improvements which are necessary to serve the JDC Property and the Town Center as contemplated by this Agreement, Suitable property may be obtained either by successfully entering into a binding contract with the Seminole County School Board to acquire the right to use(by easement,license, or ownership)school board property or by using some other alternative property (not JDC Property) deemed suitable by the City. If the City fails to acquire such suitable property, either party hereto shall be entitled to cancel this Agreement by written notice thereof to the other party given not later than one hundred eighty(180) days after the Effective Date. VI. Cit"'s(ondi�tlonal nhlipatinnq. Upon JDC purchasing the JDC Property and obtaining building permits and commencing construction for each of the grocery anchor and drugstore anchor, the City agrees,at.its expense, to perform the following upon completion of the applicable design, engineering„ and permitting set faith in Paragraph V of this Agreement: a) Actually commence, and within twelve(12)months thereafter fully complete, the construction of facilities and.improvements to extend and connect (i.e., "stub in") City water distribution and sewer collection facilities to the boundaries of the JDC Property as provided for in paragraph V(a) of this Agreement. The City shall not be required to extend either sewer or water facilities into the interior portion of the JDC Property unless agreed upon in future written developer agreements,The City also agrees that no special City water or sewer connection charge or assessment will be applied to the JDC Property for purposes of reimbursing the City for the expense of extending and connecting the City's water distribution and sewer collection facilities to JDC Property as described above-, provided„ however, individual users within the JDC Property may be charged the same normal and regular "City-wide" connection fee that is customarily charged to all other individual users within the City 'rot connecting into and utilizing the "City- wide"water and sewer capacity. b) Actually commence, and within twelve(12) months thereafter fully complete, the Page 7 of 1 FILE NUM 20e3092803 OR BOOK 04846 PAGE 0520 construction of facilities and improvements comprising the Main Street Improvements, The City shall, as part of the construction of the Main Street Improvements, install su ac,�,sto rf e/ rm. water drainage improvements sufficient to accommodate all surface/storm water drainage from Main Street and from the JDC Property, as developed in accordance with the development of the entire Phase M Conceptual Site Plan. C) At such time as JDC, or its successor or assigns, obtains building permits and commences construction of a building or buildings beyond Phase I of the Conceptual Site Plan, actually commence, and within twelve(u) months thereafter fully complete, the construction of Hickory Grove Park Boulevard and Hickory Grove Park North/South Extension Street. In addition,JDC agrees to provide the City with at least ninety(90)days written notice of its scheduled construction commencement date of both the grocery store anchor and drug store anchor and Phase 11 construction for purposes of giving the City a reasonable opportunity to publicly bid the City construction projects contemplated in this paragraph VI so that construction can be completed in a timely manner. Failure by JDC to provide timely notice will extend the time the City has to complete the construction by the number of days the notice was determined by the City to be untimely. VII. Conveyances fo om JDC_12the_Ci_q. a) JDC agrees that at such time as JDC shall have obtained building permits for and corrunenced construction of each of the grocery anchor and drugstore anchor users as contemplated in this Agreement, JDC will convey to the City fee simple title to (i) the Market Square Parcel, and (ii)the eleven (11) feat wide strip of land needed for right-of-way and other municipal purposes, as legally described on ExhibiLLC" attached hereto and by this reference made a P'ift,,hercof b) JDC also agrees to convey public rights of way and easements and public improvements,to such public rights of way and easements which are incorporated by JDC and approved,by the City in a final site plan and which are similar to those depicted in the Town Center'District Code and located on JDC Property. Any such conveyances shall occur at such time, and as part of a City approved JDC development, in a manner in which similar conveyances are required in,conpection with similar developments within the City. C) If during the final permitting process of Phase I of the Conceptual site plan JDC desires diagonal parking ilong the south'boundary of Hickory Grove Park Boulevard and/or along the east boundary of Hckory Grove Park Nortb/South Extension Street, JDC agrees to convey fee simple title to a ten(10)foot wide'strip of land, along the south;boundary of Hickory Grove Park Boulevard and along the east boundary of Hickory Grove Park North/South Extension Street, needed for each diagonal parking area , The conveyance shall occur prior to commencement Of construction of Hickory Grove Park Boulevard and/or Hickory Grove Park North/South Extension Street, Notwithstanding, JD 's request for diagonal parking shall be made no later than the date the City has reached,50%,design,and engineering of Hickory Grove Park Boulevard and Hickory Grove Park North/South Extension Street. Provided JDC's request and conveyance are timely made,the City shall construct,such diagonal parking, Page 8 of I S FILE NUM 2003092803 OR BOOK 04846 PAGE 0521 V11. Inclusion Of Pronertv_JnTown_Ccnter District. JDC consents to the inclusion of the JDC Property into the Town Center District subject to the terms and conditions hereof. VM. Ado likion of Town Center District Code. JDC hereby consents to the adoption of the Town Center District Code and its applicability to the JDC Property subject to the terms and conditions hereof. IX. Future Land Use Chan e, JDC and the City acknowledge that the future land use designation for the JDC Property shall be Town Center at such time said designation is approved by the City. Specifically, and without limitation, the parties intend for the future land use designation under the City,$ Comprehensive Plan to be amended to accommodate the Town Center District Code, The City shall diligently process through completion said comprehensive plan amendments and also effectuate any administrative rezoning necessary to implement the foregoing land use change. All firture land use changes shall comply with the procedures set forth in chapter 163, Florida Statutes,and the City Code of Winter Springs, X. Di arams/""Illustrative PUri)Buses onlv". Except for Market Square Parcel, Hickory Grove Park Boulevard, Hickory Grove Park North/South Extension Street,Main Street, and other components of the Town Center expressly agreed to in this Agreement, the City hereby acknowledges that all diagrams and graphics within 'the Town Center Plan and the Town Center District Code,which are depicted on JDC Property, are for'"iliustrative purposes only" and are intended only to illustrate the intent and concepts of the Town Center District Code, Nothing in this section shall be construed as relieving JDC of the reqUirementi"of the Town Center District Code. X1. 1# ii)di view, This Agreement shall be subject to periodic review by the parties. Periodically, the City and JDC agree'I 0111te and meet in good faith to discuss the progress made under this Agreement and I d w ally,amofidragnts should be made to this Agreement in furtherance of each others"mutual interest ,,,,A'd'd'i't'i'dri4U,y,during said review, the parties may discuss proposing amendments to the Towri'Ce'riter Disl�� Wtt Code which may be needed to promote the public's interest in creating an economically viable'Town Center. XII. Cooperaijon. JDC and the City shall cooperate fully with each other to effectuate the terms, conditions and intentions of this Agreement, In connection with City development permit approvals necessary to effectuate the Conceptual Site Plan includhig,but not limited to, special exceptions under the Town Center District Code (particularly the Large Footprint Building for the grocery store anchor and one story buildings with paTapet and two or more story buildings with, unfinished second or higher stories-1 the City agrees to process JDC's development permit applications in Page 9 of t 5- FILE NUM 2003092803 OR BOOK 04846 PAGE 0522 good faith and in a prompt, diligent manner, The City acknowledges that obtaining special exceptions for the Large Footprint Building for the grocery store anchor and for the one story building with parapet and unfinished second, or higher stories is pivotal to JD�C developing the Conceptual Site Plan and the City will fully cooperate with JDC to obtain approval of the special exception under the Town Center District Code. XM. AgAborit A. Each party hereby represents and warrants to the other that they have full power and authority to enter into this Agreement. JDC also represents that it is duly authorized to bind the JDC Property to the terms and conditions contained in this Agreement. JDC also represents that all legal and equitable title to the JDC Property will be vested in and held by JDC upon closing of the existing purchase contract for the JDC Property,The City also represents that all requirements and procedures, including public hearings, have: been properly conducted so that the execution hereof by the City shall constitute the final action of the City. XIV. Notices. Any notice required or allowed to be delivered hereunder shall be in writing and shall be deemed to be delivered when: (a)hand delivered to the official hereinafter designated,or(b)upon receipt of such notice, when deposited in the United States mail, postage prepaid, certified or registered mail, return receipt requested,or(c) one day after deposit with a nationally recognized overnight courier service,e.g. Federal Express,Purolator, Airborne,Express Mail etc., addressed to a party at the other address as specified below or from time to time by written notice to the other party delivered in accordance herewith: JDC: Mr. Shane Doran Vice President JDC CALHOUN,INC. c/o The James Doran Company 1051-H Johnnie Dodds Blvd. Mt.Pleasant, SC 29464 Phone:843-881-7550 Fax: 843-849-6765 With copy to: Chip Carrington,Esquire Lowndes,Drosdick,Doster,Kantor&Reed,P.A. 215 N.Eola Drive Orlando,Florida 32801 Phone:407/843-4600 Fax: 407/423-4495 City: Ronald W.McLemore, City Manager City of Winter Springs 1126 East State Road 434 Page 10 of 1.5' FILE NUM 2003092803 OR BOOK 04846 PAGE 0523 Winter Springs,Florida 32708 Phone:407-327-5957 Fax: 407-327-4753 With copy to: Anthony A. Garganese,Esquire City Attorney of Winter Springs Amari&Theriac,P.A. 96 Willard Street, Suite 302 Cocoa,Florida 32922 Phone:407 639-1320 Fax: 407-639-6690 XV. P±LaulsL. Failure by either party to perform each and every one of its obligations hereunder shall constitute a default, entiding the nondefaultiing 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 party filing any action as a result of a default under this Agreement, the nondefaulting 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(30)day opportunity in which to cure the default to the reasonable satisfaction of the nondefaulting party prior to filing said action. The prevailing party in any litigation arising under this Agreement shall be entitled to recover its reasonable attorney's fees and costs„whether incurred at trial or appeal. XVL Suc,ens»tags and Assi tns. This Agreement shall automatically be binding upon and shall inure to the benefit of the successors and assigns of each of the parties. XVII. „{�,,,pa '1 ubLe Lam„ This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. XVIII Ametmmenf » This Agreement shallnot be modified or amended except by written agreement duly executed by both parties hereto. XIX. lin:ire Agreement. This Agreement supersedes any other agreement„ oral or written, and contains the entire agreement between the City and f13C as to the subject matter hereof. XX. Sawveratailita. 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 Page 11 of t S FILE NUM 2003092803 OR BOOK 04846 PAGE 0524 enforceability of the remainder of this Agreement. XXI. I+at'feetive Urate. This Agreement shall become effective upon approval by the City Commission of Winter Springs and execution of this Agreement by both parties(the"Effective Date"). XXIL Recorda tion. A short form memorandum of this Agreement and any amendments hereto shall be recorded in the public records of Seminole County,Florida and shall run with the JDC Property. The memorandum shall be in a form mutually acceptable to the City and JDC and shall promptly be recorded at such time JDC receives a deed conveying the JDC Property to JDC pursuant to the existing contract to purchase the JDC Property. The memorandum shall include the legal description of the real property described in Exhibit"A"(the"JDC Poperty"). XXIII.Relationship of he Palligg. The relationship of the parties to this Agreement is contractual and JDC 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 party 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. XXIV. Sovereign Ininjunill. 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 any other limitation on the City's potential liability under state and federal law. XXV. Ci aµ Police:Power. 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. XXVI.Fgrce Maieure. 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, butnot limited to, acts of Cod, 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 party was unable to perform solely due to the Uncontrollable Event. Page 12 of I S FILE NUM 2003092803 OR BOOK 04846 PAGE 0525 XXVH. Interpretation. The parties hereby agree and acknowledge that they have both participated equally in the drafting of this Agreement and no party shall be favored or disfavored regarding the interpretation of this Agreement in the event of a dispute between the parties. Any reference in this Agreement to a whole paragraph number (e.g., paragraph V) shall also include all subparagraphs set forth below the whole paragraph number(e.g.,V(a),(b),(c),and(d)). XXV 111. Permits. The failure of this Agreement to address any particular City, county, state, and federal permit, condition, term, or restriction shall not relieve JDC or the City of the necessity of complying with the law governing said permitting requirements,conditions,terra,or restriction. XXIX.Third F"a Rti hts. 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„ XXX. Coot-roarts. This Agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be considered an original agreement; but such counterparts shall together constitute but one and the same instrument. XXXI.Conve ance of Market S pare,Marcel anid Other ProDertv bv JDC. Allreal property conveyances made by JDC to the City pursuant to this Agreement shall be made by special warranty deed and free of all mortgages, liens, and other title matters which would unreasonably interfere with the City's use of the Market Square Parcel and other property conveyed for the purposes contemplated under this Agreement and the Town Center District Code, XXXU. De I rnticrn of the Ci Cornrraiss'on of I'W�intor ria s. The City Commission of the City of linter Springs hereby finds that this Agreement is consistent with the City's Coma prahensive flan and land development regulations and is a legislative act of the City Commission of the City, The City Commission further finds that this Agreement promotes the public health, safety, and welfare and is consistent with, and an exercise of,the City's powers under the Municipal Home Rule Powers Act, as provided in s.2(b), Article VIII of the Florida Constitution and Chapter 166.021, Florida Statutes, and the City's police powers. XXXU1L Conflict with Town Center District Cede. To the extent there are any specific conflicts between the provisions of the Town Center District Code and this Agreement, the parties agree that the provisions of this Agreement shall Page 13 of/� FILE NUM 2003092803 OR HOOK 04846 PAGE 0526 control as if approved by the City Commission as a special exception pursuant to the Town Center District Code. IN WETNESS WHEREOF,JDC and the City have executed this Agreement in form sufficient to bind them as of the day and year first above written. WITNESSES: JDC CALHOUN,INC., a Georgia corporation Print 1 .: O�� Y?f(!11�::Ey: I ran, cc President Print Name: a CI" F TE S a rlo 'da Mu p 5 ° t By ...... Paul P.Partys ' rine an7e: w f •r of Prin Name; N mm rwa n r �•� . STATE SDI Ft.tWIDIc COUNTY GP 0.iG P KL s., a'F The foregoing instrument was acknowledged before the this day of August, 2000 Page 14 of 1 FILE NUM 2003092803 OR BOOK 04846 PAGE 0527 by Shane Doran, Vice President of JDC Calhoun, Inc., a Georgia corporation,who executed the foregoing instrument and acknowledged before me that he executed the same for the uses and purposes therein expressed and who is personally known to me or who has produced as identification and who did not take an oath. A A' k' Notary Signature (�"�oTA A ion Expires 11-30-2008 Atalroylo ,7z STATE OF FLORIDA COUNTY OF SEMINOLE The foregoing instrument was acknowledged before me this day of Ajgust, 2000 by Paul P. Partyka, Mayor of the City of Winter Springs, who is personally kno ........Lq who did not take an oath. 0 ary Si gn" T (Not 11VJ.- -L 0 ANDREALORE MY EMRO:May P.2W3(ze' - " " ANY P&WXY SWAN 1,0-ft ca Page 13 of /5- FILE NUM 2003092803 EXHIBIT NA" BOOK 04846 PAGE 03/31/00 FRI 15:09 FAX PLA. OF SURVEY FOR L. W. KiOL—JRY ORLANDO FLORIDA DESCRIPTION ALL UNP�.OTTEO PART OF BLOCK "B", THAT. 10 ON THE EAST NIDE" OF OYNIE00 SANrORO BRICK ROAD of 0. R. MIT CHXLL'S SVRVCY OF THE Lim GRANT ON LADE JESSUP, AC'COROINC TO TME,PLAY THEREOi AS JRECOROE'O IN PIAT BOOK 1, PAGE 5, OF THE PUBLIC RECORDS. OF SEMINOLE C*uNTY, FLORIDA ' LEAS OECI,N AT THEINTERSECTION OF THE EASTEaLY RIGHT.- "OF - WAY OF THE SANA'OIID .. 0V,EOG ROAD ANO'THE NORTHERLY LINE OF THE UNPLOTTtiD PART OF ARID BLOCK "B" RUN S.39'S0.115"E. ALONG THE EASTERLY RIOH"T - OF - I/ Y O SANFORD .. OVICOO ROAD 520 FEET,• THtNCE N.50409145"E. 335.54 FEET 'TO THE NORTH LINE of THC UNPLOTTEO PART OF SAID BLOCH "B", 'THENCE N.72°40.1159 W. ALONG $AID NORTH LINE 616.86. FEET TO THE POINT OF SE41NNIN0. A. -C. riLIU01~1 " U VE 1110, A, C. DOUDNEY, R SIERkD LAND SURVEYOR. 873 DESCRIPTION OF ROAD TO BE VACATEO! , ` THAT PART Or PLATTE() ROAO LYING NORTHERLY OF THE ArOVE DEsCR'ISE: _ rI PARCEL OF LANO. tract 1 p EMIBYT A � FILE NUM 2003092803 OR BOOK 04846 PAGE 0529 I % 4 S 1 9IMO t1 D p � L i ' one .W Ori 7 r,, s s' na F-1 11 ll a 5� cee•n�S1T.n.. I. a r 5 I i F lif City of Winter • "`i ,I1rri , i ; x _ - FILE NUM 2003092803 OR BOOK 04846 PAGE 053 H. Ap 1 m y w — e / f y����^4,, Nn "Nk"�p y � , x an ''% "' . $ it"^+.,„r^' .. ;, 'v'„„ .. •"• 4 n Will-ter S-11dug"'a� '= acity of Winter Springs,FloridaF i ....�. ..�..,.�..«.�.. �...a� ...a._...... "" FILE NUM..."20030._ „_...� 92803 — OR BOOK 04846 PAGE 05; 1 a 41 P — F I'llf T ,. — cV 7, C,~ A ITE 1 fl Nr i ^""W`";�:�`y":�� II� ��"•.`�"����'� ���Y � ���� �� -„� `� Mme. 'x g� ✓ n _ eauAl t Cowsa: On- 3 0[J) .m ._�,.,.•w......._................ .. .....��,...,� { F F Wince �w -rillfi �f s � �3? ;�F shy aF' anter sins,Florida 4�� illi FILE NUM 2003092803 OR BOOK 04846 PAGE 0532 EXHIBIT"C" LEGAL DESCRIPTION The east eleven(11)feet of the following described property: ALL UNPLOTTED PART OF BLOCK "B", THAT IS ON THE EAST SIDE OF OVEIDO- SANFORD BRICK ROAD OF 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; LESS BEGIN AT THE INTERSECTION OF THE EASTERLY RIGHT-OF-WAY OF THE SANFORD OVIEDO ROAD AND THE NORTHERLY LINE OF THE UNPLOTTED PART OF SAID BLOCK`B",RUN S.39°50'15"E.ALONG THE EASTERLY RIGHT-OF-WAY OF SANFORD-OVIEDO ROAD 520 FEET, THENCE N.50009'45"E 335.54 FEET TO THE NORTH LINE OF THE UNPLOTTED PART OF SAID BLOCK `B", THENCE N.72°40'15"W.ALONG SAID NORTH LINE 618.86 FEET TO THE POINT OF BEGINNING. LDDOCSO 11365794/1 FILE NUM 2003092803 EXHIBIT"D" OR BOOK 04846 PAGE 0533 That certain sketch concept plan entitled "Winter Springs Town Center Master Plan", prepared by Dover, Kohl & Partners, dated March 23, 1998, as amended in February, 2000. FILE NUM 2003092803 EXHIBIT "E" OR BOOK 04846 PAGE 0534 A.Town Center District Boundary Map TOA CEN'TE'R , District Boundary County Enclaves(not in city) ^.iQ/,�4s�"[ OT tlp., �Sf^� •�4.C� �4Ju.M1 .• ... u. ..1M a ,+y. TOWN CENTER � oul r i ^ TOWN CENTER FILE NUM 2003092803 OR BOOK 04846 PAGE 0535 � EXHIBIT"F" That certain Town Center Zoning District Code adopted by the City Commission of Winter Springs on June 12,2000.