HomeMy WebLinkAboutKado Investments, LLC, Youdali International Investmetns, LLC and Kira Wood Development Agreement for 4301 SR 419 - 2025 01 13Grant Maloy, Clerk Of The Circuit Court & Comptroller Seminole County, FL
Inst #2025003396 Book:10756 Page:1375-1388; (14 PAGES) RCD: 1/14/2025 10:52:30 AM
REC FEE $120.50
T141S INSTRUMENT WAS PREPARED BY
AND SHOULD BE RETURNED TO:
Anthony A. Garganese
City Attorney of Winter Springs
Garganese, Weiss, D'Agresta & Salzman, P.A.
111 N, Orange Avenue, Suite 2000
Orlando, FL 32802
(407)425-9566
DEVELOPMENT AGREEMENT
(4301 SR 419 — Future Land Use Amendment and Rezoning)
THIS DEVELOPMENT AGREEMENT ("Agreement") is made and executed this
day of x. . 202, by and between the CITY OF WINTER
SPRINGS, a Florida Municipal Corporation with a principal address at 1126 E. S.R. 434, Winter
Springs, Florida 32708 ("City"), and KADO INVESTMENTS, LLC, a Florida Limited Liability
Company with a principal address at 1857 Lake Spier Dr., Winter Park, Florida 32789, YOUDALI
INTERNATIONAL INVESTMENTS, LLC, a Florida Limited Liability Company with a
principal address at 1889 Berkeley C.t., Maitland, Florida 32751, and KIRA WOODS
(collectively, "Developers").
WITNESSETH:
WHEREAS, Developers are the owners of approximately 7.84 acres, more or less, of real
property generally located along State Road 419, North of the intersection of State Road 419 and
State Road 434, Winter Springs, Seminole County, Florida, more particularly described herein (the
"Property"); and
WHEREAS, on April 08, 2024, the City Commission adopted Ordinance No. 2024-04,
which is recorded in the Official Records of Seminole County, Florida, at Book 10609 Page 752,
and which annexed the subject Property into the City of Winter Springs; and
WHEREAS, the Developers desire to amend the Future Land Use designation of the
Property from County "Suburban Estates" to City "Commercial" and to amend the official zoning
map designation on the Property from County "Agriculture" to City "General Commercial," (C-
2) for the purpose of developing the property into the Project (as defined below); and
WHEREAS, the City Commission desires to approve the Developers' request to change
the zoning of the Property, subject to the conditions in this Agreement which limit the types of use
for which the Property may be developed and the amount of impervious surface area which may
be developed thereon, for the protection of Gee Creek and the health and welfare of the City; and
City of Winter Springs — Kado Investments, LLC & Youdali International Investments, LLC & Kira Woods
Development Agreement
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WHEREAS, Section 20-29(c) of the City Code requires that all rezonings shall be binding
upon the subject property and, further, that as a condition of approval by the City Commission, all
development projects requiring a community workshop pursuant to Section 20-293 of the City
Code shall be required to be memorialized in a binding development agreement; and
WHEREAS, Section 20-31 of the City Code provides that the speculative rezoning of land
is very disfavored by the City and, in conjunction with a rezoning application, the Developers shall
be required to fully disclose any proposed new development project that will be pursued if the
proposed rezoning request is approved; and
WHEREAS, Section 20-31 of the City Code further provides that the disclosed
development project shall be deemed to have been relied on by the City in reaching its decision
concerning the proposed change of zoning and any site plan or concept plan shall be deemed to be
binding on the property affected by the rezoning, even if said site plan or concept plan imposes
greater or stricter standards on the property than does other provisions of the City Code; and
WHEREAS, mitigative techniques and plans required to support any change of zoning
may be addressed pursuant to the restricted rezoning provisions in the City Code and a binding
development agreement; and
WHEREAS, in compliance with the City Code, the Developers have included a general
land use plan, as described further herein, which shall be deemed to be binding on the Property,
and the change of zoning shall be deemed to have been granted in reliance on said land use plan;
and
WHEREAS, this Development Agreement shall be recorded in the Official Records of
Seminole County, Florida, against the Property so that the terms and conditions of approval herein
shall run with the land.
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 34-20-30-5AW-0000-0250 and is legally described in EXHIBIT "A"
which is attached hereto and fully incorporated herein by this reference ("Property").
4.0 I'miect Description and Requirements. The Developers agree that the Property shall
be developed as a commercial enterprise for the outdoor storage of vehicles as provided herein
City of Winter Springs — Kado Investments, LLC & Youdali International Investments, LLC & Kira Woods
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(the "Project"), The Project shall be subject to the conditions outlined in this Agreement and shall
be further subject to all requirements of Section 20-256, Supplemental Outdoor Storage and
Warehousing Requirements, of the City Code.
5.0 Land Use Plan. The Project shall be substantially developed in accordance with the
preliminary/bubble land use plan which is attached hereto as EXHIBIT "B" and incorporated
herein by this reference ("Land Use Plan"). The Land Use Plan is intended to be the general
blueprint which details key aspects of the future physical development of the Property. The Land
Use Plan shall also serve as a necessary guide for future permit applications and permitting
necessary to complete the construction of the Project. Developers shall have the obligation to
further submit and obtain the City's approval of a final site plan and final engineering plans and
aesthetic review ("Final Engineering Plans") consistent with the Land Use Plan in all material
respects and in compliance with the City Code. Developers acknowledge and agree that the Land
Use 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 Land Use 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
Land Use 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 Land Use Plan.
6.0 Permitted Uses. The City Commission herein imposes certain use restrictions
greater than those otherwise specified in the C-2 zoning district to ensure any negative impacts
of the commercial development are minimized, including minimizing potential negative impacts
to nearby Gee Creck, and to ensure the future development is compatible with the surrounding
uses. The following uses shall be permitted on the Property:
Outdoor storage facility specifically designed for the parking and storage of vehicles, boats,
and not more than a total of five (5) cargo or shipping containers, subject to the
supplemental regulations set forth in Section 20-256 of the City Code. Any cargo or
shipping containers stored on the Property shall not be stacked one on top of the other such
that they are visible from a public road. Individual cargo or shipping containers shall be
stored on the Property for periods of 30 days or more to deter short term use.
The Developer acknowledges and agrees that an amendment to this Agreement shall be required
if the Developer desires to implement any other C-2 permitted uses on the Property. The outdoor
storage of construction equipment, heavy machinery, and other goods and materials shall be
prohibited.
7.0 Future Permitting. Within thirty-six (36) months from the Effective Date of this
Agreement, the Developers, at their expense, shall prepare and file all required applications,
information, and engineering plans with the City that are necessary to obtain Final Engineering
approval for the Project consistent with the Land Use Plan. The Developers shall obtain Final
City of Winter Springs — Kado Investments, LLC & Youdali International Investments, LLC & Kira Woods
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Engineering approval within forty-eight (48) months of the Effective Date of this Agreement. If
the Project fails to obtain such final approval from the City within the aforesaid forty-eight (48)
months, the City shall have the right to declare the Developers in default pursuant to Section 25.0
of this Agreement. If the Developers do not cure the default within the cure period, the City shall
have the right, but not obligation to, terminate this Agreement without penalty as provided herein.
8.0 Easement over Gee Creek. Consistent with Section 9-159 of the City Code, the
Developer acknowledges and agrees that it shall be required to grant to the City a drainage
easement of sufficient width to provide adequately for watercourses, specifically Gee Creek, and
access to permit maintenance of the same prior to the time of building permit issuance.
9.0 Representations of the Parties. The City and Developers hereby each represent and
warrant to the other that they have the power and authority to execute, deliver and perform the
terms and provisions of this Agreement and have 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 Developers, constitute a legal, valid and binding obligation
enforceable against the parties hereto. Upon 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. Developers represent that they have
voluntarily and willfully executed this Agreement for purposes of binding themselves and the
Property to the terms and conditions set forth in this Agreement.
10.0 Successors and Assigns. This Agreement shall automatically be binding upon and shall
inure to the benefit of the City and Developers 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.
11.0 Applicable Law; Venue, This Agreement shall be governed by and construed in
accordance with the laws of the State of Florida. The venue of any litigation arising out of this
Agreement shall be in Seminole County, Florida or, for federal court actions, in Orlando, Florida.
12.0 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,
13.0 Entire AQreement., Exhibits. This Agreement and all attached exhibits hereto supersede
any other agreement, oral or written, regarding the Property and contain the entire agreement
between the City and Developers as to the subject matter hereof. The Exhibits attached hereto and
referenced herein are hereby fully incorporated herein by this reference.
14.0 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.
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15.0 Effective Date, This Agreement shall become effective upon approval by the City
Commission and execution of this Agreement by both parties hereto.
16.0 Recordation. Upon full execution by the Parties, this Agreement shall be recorded in the
Public Records of Seminole County, Florida by the City.
17.0 Relationship of the Parties. The relationship of the parties to this Agreement is
contractual and Developers are independent contractors and not agents 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.
18.0 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).
19.0 City's Police Power. Developers agree and acknowledge 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.
20.0 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 to this Agreement in the event of a dispute between the parties.
21.0 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.
22.0 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.
23.0 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.
24.0 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,
City of Winter Springs -- Kado Investments, LLC & Youdali Intemational Investments, LLC & Kira Woods
Development Agreement
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Book 10756 Page 1380
Instrument# 2025003396
condition, term or restriction shall not relieve Developers 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 Developers are in breach of any term or condition of this Agreement.
25.0 De ault Failure by either party 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, termination of this
Agreement or an action for specific performance and/or injunctive relief. In addition, Developers
specifically acknowledge and agree that violations of this Agreement will also constitute a
violation of the Zoning Ordinances of the City, and this Agreement may be enforced in the manner
of zoning code violations pursuant to the City Code. Prior to any party filing any court 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 (30) day opportunity in which to cure the default to the reasonable satisfaction of
the non -defaulting party prior to filing said action.
26.0 Termination, The City shall have the unconditional right, but not obligation, to terminate
this Agreement, without notice or penalty, if Developers fail to comply with the Future Permitting
requirements of Section 7.0. In addition, the City shall have the right, but not obligation, to
terminate the Agreement if Developers permanently abandon 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 25.0 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.
Upon termination for any reason, the City may elect to initiate a Future Land Use designation
amendment and rezoning of the Property, the advertising and noticing costs of which shall be borne
by the Developers. In that circumstance, the Developers hereby waive the right to object to,
contest, or support others in objecting to or contesting the City's efforts to initiate such Future
Land Use designation amendment and rezoning of the Property.
27.0 Indemnification and Hold Harmless. Developers shall be solely responsible for
designing, permitting, constructing, operating and maintaining this Project. As such, Developers
hereby agree to indemnify, 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 Developers and Developers'
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 indemnification shall survive the termination of this Agreement.
28.0 Force 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 acts of
God, acts of government authority (other than the City's own acts), acts of public enemy or war,
City of Winter Springs — Kado investments, LLC & Youdali International Investments, LLC & Kira Woods
Development Agreement
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Book 10756 Page 1381
Instrument# 2025003396
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 ("Force
Majeure 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 Force Majeure Event. The extended Time Period shall be agreed to in writing by the
parties and said agreement shall not be unreasonably withheld by either party. The City Manager
shall have the authority to grant an extended Time Period. An extension of any Time Period for
reasons of a Force Majeure Event shall be requested solely as provided in this Section. Developer
hereby waives and relinquishes the right to notify the City of the intent to exercise the tolling and
extension of any permit related to the Project, including Time Periods under this Agreement,
development orders, and building permits, available under Section 252.363, Florida Statutes, as
the result of a declaration of a state of emergency issued by the Governor for a natural emergency.
29.0 Notigg. Whenever either party desires to give notice to the other, notice shall be sent by
hand delivery or certified mail, return receipt requested, and shall be sent to:
For the City:
Attn: City Manager
City of Winter Springs
1126 East S.R. 434
Winter Springs, Florida 32708
For the Develoners:
Kado Investments, LLC
Attn: Kira Woods, Managing Member
Matthew Merdian as her attorney in fact
Address: 1857 Lake Spier Dr
Winter Park FL 32789
Youdali International Investments, LLC
Attn: Steven D. Fieldman, Managing Member
Matthew Merdian as his attorney in fact
Address: 349 Agnes St
Orlando, FL 32801
Kira Woods
Attn. Kira Woods
Matthew Merdian as her attorney in fact
City of Winter Springs -- Kado Investments, LLC & Youdali international Investments, LLC & Kira Woods
Development Agreement
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Book 10756 Page 1382
Instrument# 2025003396
Address: 1857 Lake Spier Dr
Winter Park FL 32789
Either party may freely modify their respective contact person and address contained in this
Paragraph by providing written notice of the modification to the other party. Any Notice given as
provided herein shall be deemed received as follows: if delivered by personal service, on the date
so delivered; and if mailed, on the third business day after mailing.
30.0 Assignment. Prior to completing the construction of the Project and reaching final build -
out of the Project, Developers shall not assign this Agreement without the prior written consent of
the City. Such assignment shall also require the written approval of the City by amendment to this
Agreement, which shall not require a public hearing and shall not be unreasonably withheld.
However, Developers shall be entitled to assign their rights and obligations under this Agreement
to a parent, subsidiary, or affiliated entity in which Developers or their members are members or
interest holders without City consent, provided that the City is given notice of such assignment in
accordance with Section 29.0 herein. Any assignment authorized by this subparagraph shall
require the assignee to be a formal signatory to this Agreement and fully assume all of Developers'
obligations, commitments, representations, and warranties under this Agreement. In any
assignment, the rights and obligations contained herein shall be binding on successors in interest
to the Property, and the terms and conditions of this Agreement shall bind and inure to the benefit
of the parties hereto and any respective successors and assigns.
IN WITNESS WHEREOF, the parties have hereunto set their hands and seal on the date
first above written.
CITY OF WINTER SPRINGS
ff
Kevin McCann, Mayor
Date:
ATTEST,
...... CITY SEAL
Christian Gowan, City Clerk
� �}j�t1T1cR n�
Approved a form and legality for
the Cit ter S in s onlyse...___
rn
Anthony A. Ya nese ity Attorney '. l9 6 rs
Date:
City of winter Springs — Kado Investments, LLC & Youdali International Investments, Ma"' ira foods
Development Agreement
Page 8of14
Book 10756 Page 1383
Instrument# 2025003396
STATE OF FLORIDA
COUNTY OF
SEMINOLE
The foregoing instrument was acknowledged before me by means of ( physical presence or
(_)online notarization, this 'I day of 2024� by Kevin McCann, Mayor of
THE CITY OF WINTER SPRINGS, FLORIDA, a municipal corporation, on behalf of the
corporation. I -le is�petsona11 known to me,or has produced as identification.
(NOTARY
SEAL)
Public State of Florida
I; F Tristin M Tarrant
&Notary
My Cc
HH 491305
ExpireS 2/11/2020
Signed, sealed and delivered in the
presence of the following witnesses:
Si nature 4f:.Witness
L�v� D,Z
Printed Name &Witness
u w 4� r—L
D v' I'w
ABo'Wiui s
a
�n�ure o 1 n cs
Printed Name of Witness
450-5.0eRN�' lil6
Address or Witness
STATE OF -1'6V iL-(94
(Notary Public signature) rwr r
(Print Name)
Notary Public, State of ; s i -'J
Commission No.: H t ,
My Commission Expires:, :± a
KADO INVESTMENTS, LLC,
a Florida Limited Liability Company
c A-5 H C't ,-rr n AMC r
,Gl�a itloodS� �,q-+vr��.c �Y � !>J �4tit✓
Print narne and title: /ct.t+ L• oo4S A"-y '&"E/t,�83 M 47T
M F-4P14r Af KC,4- A-ffoti h/CY ! tN
Date: u 2
City of Winter Springs — Kado Investments, LLC & Youdali International Investments, LLC & Kira Woods
Development Agreement
Page 9 of 14
Book 10756 Page 1384
Instrument# 2025003396
COUNTY OF d44 ""E
The foregoing instrument was acknowledged before me by means of ) physical
presence or (___) online notarization, this U41, day of Dt;C4-*51-A-, 2024,
byMA-rf µ1AA t 4+u , the f vAl l ti 6 /hi' PrJ10 of Kado Investments, LLC. He/she is
personally known to me or produced as identification.
(NOTARY SEAL) ::::�u
(Nota Public Sig/n�at �A �(
:KLINGLER
�u' � ` SAMANTH(Print Name)
�� Notary PubNt or trlondallotary Public, State of ti.
Commission11033d Commission No.: 11 A p
My Comm. Expr 29, 2023 My Commission Expires: M dI V
Signed, sealed and delivered in the
presence of the following witnesses
r
St� u c of Witness
Prin ed am o Witne;s�s p
Address of Witness
I—h-X-
Si nature ofWitness
t?V1 V1.L C ►�-
PLnt�cljVaryc of.WiUts �C o v-e
Address of Witness
STATE OF P w tit OA
COUNTY OF CS A---- &I-
YOUDALI INTERNATIONAL
INVESTMENTS, LLC,
a Florida Limited Liability Company
7� ,9S His
5rrvorj t/ If-rtiN+Cr
Print name and title: 9410sm a F01a1, D M Be
MKTY 1-kE+t-0tAN ^ ri(S axtxi
Date: t'L t t 'Za L t-J f A- - r
The foregoing instrument was acknowledged before me b
presence or (__) online notarization, this I I ft" day
bthe powox dF n'ttoti"'dr of Youdali
LLC. He/she is personally known to me or produced
means of' (,�<) physical
of DlTCt1-rS192 , 2024,
International Investments,
as identification.
City of Winter Springs — Kado Investments, LLC & Youdali International Investments, LLC & Kira Woods
Development Agreement
Page 10 of 14
Book 10756 Page 1385
Instrument# 2025003396
(NOTARY SEAL)
Ezill
SAMANTHA KLINGLER
Notary public - State of Florida
Commissior 4 HH 11033E
My Comm, Expires Mar 29, 2025
Signed, sealed and delivered in the
presence of the following witnesses:
signature 9f Witness
Printed Name of'Witness
Address of Witness
i�
lSJfpature o
�V11 tnesIs
v ttCom
Pi)tmofw[-��.-five
CM6'Aao
Address of Witness
STATE OF'�
COUNTY OF BlL�F�
(Notary Publi ignatur1�
e
urnL An�ty
(Print Name)
Notary Public, State of oti
Commission No.: HF1 I i /),i .
My Commission Expires: HIA V 9,01 o7LC
KIIi2A WOODS
Print name and title; /rth iJqo0S 13M47rMCA,4140
Date: �I z t / z"'y
The foregoing instrument was acknowledged before me by means of (K) physical
presence or () online notarization, this / t 1't' day of bK-cf",8C1E , 2024, by m'rn AFU4he
eowfA of A#Dr Alt Y of pr" W0091 Fle/she is personally known to me or
produced ____ as identification. ,
(NOTARY SEAL) O K \
(Notary Pu is Qigna )
Gtrnahha
tiTY "ri'''•• SAhtANTHA KLIN�LER (Print Name)
Notary Public - State of Floridallotary Public, State o�f�"Wyw Commission HH i 10338 Commission No.• r1h My Comm, Expires Mar 29, 2025
My Commission Expires:
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Development Agreement
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Book 10756 Page 1386
Instrument# 2025003396
DEVELOPERS ARE HEREBY ADVISED THAT SHOULD DEVELOPERS FAIL TO
FULLY EXECUTE, AND DELIVER TO THE CITY, THIS AGREEMENT WITHIN
THIRTY (30) DAYS FROM THE DATE THAT THE CITY COMMISSION APPROVES
THIS AGREEMENT, THIS AGREEMENT, AND THE DEVELOPMENT PERMIT
APPROVALS REFERENCED HEREUNDER, SHALL AUTOMATICALLY BE DEEMED
NULL AND VOID.
EXHIBIT A
Legal Description of the Property
LOTS 25 AND 32, ENTZMINGER FARMS ADDITION NO. 2, ACCORDING TO THE PLAT
THEREOF, AS RECORDED IN PLAT BOOK 5, PAGE 9, PUBLIC RECORDS OF
SEMINOLE COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS
FOLLOWS;
BEGINNING AT THE POINT OF INTERSECTION OF THE NORTHERLY RIGHT-OF-WAY
LINE OF STATE ROAD 419, (NEW SANFORD-OVIEDO ROAD, PER REFERENCED PLAT
OF ENTZMINGER FARMS ADDITION NO. 2) AND THE WESTERLY LINE OF LOT 32 OF
THE AFORESAID ENTZMINGER FARMS ADDITION NO, 2; THENCE N06°48'50"W,
ALONG SAID WESTERLY LINE, A DISTANCE OF 178.55 FEET TO THE NORTHWEST
CORNER OF THE AFORESAID LOT 32; SAID POINT ALSO BEING A POINT ON THE
SOUTHERLY RIGHT-OF-WAY LINE OF THE ATLANTIC COAST LINE RAILROAD;
THENCE S82"2656"E, ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE AND
NORTHERLY LINE OF LOTS 32 AND 25, A DISTANCE OF 1,838.88 FEET TO THE
NORTHEAST CORNER OF LOT 25; THENCE S07112'27"W, ALONG THE EASTERLY LINE
OF LOT 25, A DISTANCE OF 26.03 FEET TO A POINT ON THE NORTHERLY RIGHT-OF-
WAY LINE OF STATE ROAD 434 (LONGWOOD- OVIEDO ROAD, PER REFERENCED
PLAT OF ENTZMINGER FARMS ADDITION NO, 2); THENCE, ALONG SAID
NORTHERLY RIGHT-OF-WAY LINE OF STATE ROAD 434 AND AFORESAID STATE
ROAD 419, THE FOLLOWING FOUR (4) COURSES; S82143'16"W, A DISTANCE OF 86.85
FEET TO A POINT ON A CURVE CONCAVE SOUTHERLY, HAVING A RADIUS OF
2737,83 FEET, A CHORD BEARING OF S79°57'47"W, A CHORD DISTANCE OF 231.49
FEET, AND A CENTRAL ANGLE OF 04°50'45"; THENCE, ALONG THE ARC OF SAID
CURVE, A DISTANCE OF 231.55 FEET TO A POINT; THENCE S81 °06'41 "W, A DISTANCE
OF 317.18 FEET TO A POINT ON A CURVE CONCAVE NORTHERLY, HAVING A RADIUS
OF 1235.24 FEET, A CHORD BEARING OF N87°25'00"W, A CHORD DISTANCE OF 491.04
FEET, AND A CENTRAL ANGLE OF 22°55' 45'; THENCE, ALONG THE ARC OF SAID
CURVE, A DISTANCE OF 494.33 FEET TO A POINT; THENCE N75°57'07"W, A DISTANCE
OF 582.85 FEET TO A POINT ON A CURVE CONCAVE SOUTHWESTERLY, HAVING A
RADIUS OF 3869.72 FEET, A CHORD BEARING 0 N76°49'37"W, A CHORD DISTANCE
OF 118.16 FEET; AND A CENTRAL ANGLE OF 01 °44'59'; THENCE, ALONG THE ARC OF
City of Winter Springs — Kado investments, LLC & Youdali international Investments, LLC & Kira Woods
Development Agreement
Page 12 of 14
Book 10756 Page 1387
Instrument# 2025003396
SAID CURVE, A DISTANCE OF 118.17 FEET TO THE POINT OF BEGINNING. SAID
LANDS CONTAINING APPROXIMATELY 7.84 ACRES, OR 341,667 SQUARE FEET,
MORE OR LESS.
City of Winter Springs -- Kado Investments, LLC & Youdali International investments, LLC & Kira Woods
Development Agreement
Page 13 of 14
Book 10756 Page 1388
Instrument# 2025003396
EXHIBIT B
Land Use Plan
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City of Winter Springs — Kado Investments, LLC & Youdali International Investments, LLC & Kira Woods
Development Agreement
Page 14 of 14