HomeMy WebLinkAboutJDC Calhoun, Inc. Certification - 2001 12 01CERTIFICATION
JDC Calhoun, Inc. (a Georgia corporation) ("JDC") and Capital Green I, LLC (a
Georgia limited liability company) (CGI") hereby makes and gives this Certification to
and in favor or the City of Winter Springs, Florida (the "City"), this day of
December, 2001
WITNESSETH THAT
WHEREAS, JDC made and entered into that certain Purchase and Sale
Agreement with Laverne and June Kingsbury (hereinafter collectively referred to as
"Seller"), as the same may have heretofore been amended (hereinafter referred to as
the "Contract"), for the purchase and sale of certain real property located in Winter
Springs, Seminole County, Florida, as more particularly described in the Contract
(hereinafter referred to as the "Property");
WHEREAS, JDC made and entered into with the City that certain Agreement,
dated August 1, 2000, relating to the Property (as heretofore amended, the
"Agreement");
NOW, THEREFORE, for and in consideration of the sum of Ten and No/100
Dollars ($10.00) and other good and valuable consideration, the receipt, adequacy, and
sufficiency of which are hereby acknowledged, and to induce the City to consent to the
assignment of the Agreement as hereinafter described, JDC and CGI hereby certify,
represent, and warrant to and in favor of the City as follows:
1. JDC intends to transfer to CGI all of its right, title, and interest in and to the
Contract and the Property.
2. CGI intends to accept such transfer and to acquire the Property.
3. Upon such transfer and acquisition, CGI will be the fee simple owner of
the Property, and as such owner, will be the owner of any and all leases
covering all or any part of the Property and will be entitled to any and all
rents from the Property.
4. JDC intends to transfer to CGI all of its right, title, and interest in and to the
Agreement.
5. CGI will assume all of the obligations, duties, and liabilities of JDC under
and pursuant to the Agreement.
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6. The principals involved with JDC are the same principals involved with
CGI, among them being Shane Doran and Robert J. Doran, Jr., who will
continue to have primary responsibility for decision-making concerning the
Property and its development.
7. CGI will continue to employ Greenberg Traurig and LS3P Associates, Ltd.
in connection with the Agreement.
CAPITAL GREEN I, LLC
By: ESD Properties, Inc.
Its Manager
By:
Its
JDC Calhoun,
By:
Its:
Inc.
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