HomeMy WebLinkAboutSprings Land/Jessup Shores Venture 2nd Amended Agreemt -1992 03 03
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SECOND (2ND) AMENDED AGREEMENT
THIS AGREEMENT entered into this day of , 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:
1. 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.
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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:
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8. If during the term of this lease that expires on July 21, 1999, 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.
This Agreement is hereby agreed to and accepted as of the Agreement Date.
WITNESS AS TO WINTER SPRINGS
CITY OF WINTER SPRINGS, FLORIDA
PAUL P. PARTYKA
Print Name:
ANDREA LORENZO-LUACES
Print Name: DEPUTY CrTY CLERK
. Hopkins
WITNESS AS TO SPRINGS LAND
SPRINGS LAND JESSUP SHORES JOINT
VENTURE
Print Name:
A. C. LEERDAM
Managing Partner
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Print Name:
TInS INSTRUMENT WAS PREPARED BY:
Donald R. LeBlanc
City of Winter Springs
1126 East SR 434
Winter Springs FL 32708