HomeMy WebLinkAboutWinter Springs Development Joint Venture Assignment Certificate
...: -.!:....( ,
C'v ...
Iff
\:
I
~
,~
~
~
~
~
~~ ,........ .........,>J",,'''-''''.......n....'"''.'>JU ""~;"!t.,.;,",,-; ,,,rU;r-H.""'I.'It:i-.Ll.::l-' n'''~b .....'''-'
..__~_, ...~- "'-I"~" -- -.",v_ -'~..... r-I;..I_
,'I :-;:,\/' ~j;: .<'," "ij-' L ~~.Fi.iRDr:-, ;,
/... .. , .., .... '" I ; , t" 'J I i l... \)" l (!.\ . ...,.. ~ '- L- U<.
SEMINOLE COUNTY, FL
'II ':-i"i~
, ,_ r "t '"''
36155l~
1992 DEe 17 AM 8: 25
ASSIGNMENT CBaTI~ICATE
DERDI, win1:er spring's Development Joint Ventur:e ("WSDJV"),
a Florida qener~l p~rtner8hip has executed B Developer contract or ;'0
Developer Aqreement ("AY1'el:llment") wi.th the city of Winter Gprin9s~ ::Jl
Florida (lIei ty") 1 and .,j~ i'v
__ 0
WllaBAI, the A~~ecmcnt creates certain ri9hts vith rC9~rd ~G3
water and sewer capacity to be obtained from th9 City and ills~
oreates certain obliqa1:ions w1~h regard to the water and sewe;n
capacity; and ~ 0
..,,0
WBBRR1S, WSDJV desires that the City approve an assignmenc or- CO
80 (eiqhty) Equivalent Residential connections (Group I ERe's) to ~
Tho Haylyn Development corporation ("1RRiqnee"); and
1I1lBIUIAS, the ABsiqneEl has &qreec:\ to assume the dueifu!l and
obli9ationc or WSDJV with reqard to the 80 ERC'S; and
WBII\BAS, the city is willing to approve sueh a"gi9nmeT\~
provided that:
1. The Aocdgnee accepts; all tho duties: and obligatlonl\l
attaehlnq to thR 80 ERe's including the obligat1on to provide a
Bond to the extent of the interests tran.fer~8d in the event that
the oonnQotiona ar9 not on linQ ala describel'l in thR Dev&loper
Aqreement and tha Bond.
2. The AssignQQ certifies tha.t it has pl.lid no more than the
Ass1qnor's cost. DaB!B (as pait1 to the CIt.y) 1n the water and sewer
capacity beinq transferred and hElreby aoknowleaqEls that the City
~oe~~llow the sale of such capacity for more than actual eost.
3. The Assi9nec acknowledges h.vin9 ~aviowod a eopy of thA
Developer Agreement dated th~ 26t.h day of April, 1990 between WSDJV
and the City and the attached Sand and as to the eo ERe's bein9
acquire4 aoes hereby a~~um~ all tho rQ~ponGibilitiea and
obliqationo contained in and asgoc1a~eQ wi~h t.hose documents
(1nOluc11nq but not limited tv t..ha obligation for the Dond for said
80 ERC'. tr~ngferrEld to AscignElEl).
4. The Assignee acknowledges t.he city'S right to enforce the
Develop9r A9reement and tho Bond requirement8 as to these BO ERe's
against thA Assiqnee as it it were an original 81gnato~ o~ obligor
on those instrum.nt..
COO
C.)-q
O"Tl
~~l';n
:;>
r
::tl
fl'l
('")
--00
J;;.... :::0
C)CJ
; ." (.f)
5. The Assignee acknowledges that the City is merely
approving the a~~iqnment or transfer. The City fa not a quarantor
ot ownership or title as to It.~ eapacity if a c1ispute should arise.
The city cloes not permitl )'1.1 ,----....b.' all encumbering' of
capacity but it dOGS not guarantee titlo ag to third-party claims.
'-I' ...
.
e
6. The A.signee warrants ~hat it has the authority to maKQ
the repr..entations containea herein and that suoh representations
are true Dna acourate.
THB KAYLTX DBVBLO~KZHT CORPORATIO.
~~~:d~~/
Title: ;::::;'e>< Idew/-
O.~e: #wepU,bt?/ ~f: /f1.2--- ,'0
. (f) .:J1
STAT. 01' rLORIDA ',--.- r; N
COUftY or LJ$AN fJ7 c.. ~,_ 0
Th~toreqo~n9 instrument was aeknowlA~~edbefore.~~thls ~
QGyof N&JII8I11Je/ , 1992 by Al/Jj/#6'J A. f/Ji]8S p,~~tftK THE KA~YN
DEVELOPMENT CORPORATION, a '..._ corporation on ):)ehal~ 0'0
the corporation. H4!'~ is personally known to me <*- }olJII P .. U..!itttfAd::::>
.,...-----~.:.tde.nti!'ica~1on and. ....../did not. tak!","arCO
oath. ~
coo
c:> -q
o-rt
...'c")
>~
r
;0
fT1
C")
-00
>:;0
C')O
rr1 (J')
JOHN C" REBER
Notary Public, State of Florida
OFFICIAL SEAL
My Comm. expires Aug. 16, 1994
Comm. No. CC030992
lfO'l'MY !UI
~ My Com:ndaaion
'-.
Perlloonally- nown oZ'
Produced. Identification
Type of Identification produced,
The Assignment is approvod by the city of Winter sprinqs,
Florida based upon thQ r~pr~~p.ntations contained herein ana the
exeoution or ~he Assignment and A55um ion Agree e t.
. > f.l ~ .. 1
CITY 0
~.._~"~' 1'''1'.''''l. ......,,};~.~
'; · c ""
,~ '\.) ......... Ill, t,.
.'\' " '. r ..
~ .... "."/) .
~ ..' III .... ~,
..., /(CUY ItaL) "'. ~
C"). ~.~
<::> E co .."'0 "; '~Cl ":
S: .., 0 ;;:;:;:
...... (Jl ~..
~'. Jl. :;.g:
..- -.. <.P ~",-!.~ ... ~ .
",. .... () "'" .... ~.) .,'
'<'tJ,..... .....:5;t..... .,"
~i} . ...... ~,~ "
I .~ / "" .'.,., ,
By:
,.. .......
,\ j V ....
,\.,,~ \
This instrument was prepared by:
Lisa Miskinis
WSDVJ
1301 Winter Springs Blvd,
Winter Springs, FL 32708
mtUlfr:~
Marr T. Norton, Notary Public
",OT n purtlC; STATE OF FlOItIDA AT lARQi
MV COMMISSION EXPIRES A~RIL 04 199
fOrWED THRU AGENT'S NOTARf BR'O 5 i
KERAGS
Commission No. CC090706