HomeMy WebLinkAboutStandard Pacific of Florida GP - 2015 04 27 Prepared by and return to:
Anthony Garganese,Esquire
Brown,Garganese,Weiss&D'Agresta P A
111 N Orange Avenue,Suite 2000
Orlando.FL 32801
(407)425-9566
FIRST MODIFICATION TO
ANNEXATION AGREEMENT
THIS FIRST MODIFICATION TO ANNEXATION AGREEMENT ("First
Modification") is made and entered into this day of April 2015 (the "Effective Date") by
and between the City of Winter Springs, a municipal corporation organized and existing under
the laws of the State of Florida (hereinafter the "City") whose address is 1126 East S.R 434,
Winter Springs, Florida 32708, and Standard Pacific of Florida GP,a Delaware Corporation
(hereinafter referred to as"Developer")whose address is , and
shall be fully enforceable in accordance with the terms hereof
WITNESS ETH:
WHEREAS, the City and Developer previously entered into that certain Annexation
Agreement,dated May 12, 2014, and
WHEREAS, since the Effective Date of the Agreement, the City has completed the
annexation of the Property, amended the future land use and zoning map to incorporate the
Property into the City's Town Center, and ratified the Brownfield Area in furtherance of the
Agreement, and
WHEREAS, since the Effective Date of the Agreement, Developer has been completing
its due diligence for purposes of acquiring and closing on the Property, and
WHEREAS,the Developer has requested additional time to complete the closing on the
Property and desires to amend the Agreement as set forth herein
NOW,THEREFORE, for and in consideration of the mutual covenants and agreements
contained herein, and other good and valuable consideration each to the other has provided, the
receipt and sufficiency of which is hereby acknowledged,the parties agree as follows.
1. Recitals The above recitals are true and correct and are incorporated into
this Agreement by reference, and are a material part of this Agreement upon which the parties
have relied.
2 Extension to Close on the Property and to Provide Notice to City Pursuant to
Paragraph 14 of the Agreement, the parties mutually agree to extend, by ninety (90) days, the
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deadline in which the City is required to receive written notice of acquisition from the
Developer
3 All other terms and conditions of the Agreement shall remain in effect unchanged
WHEREFORE, the parties hereto have caused these presents to be signed all as of the
date and year first above written
WITNESSES: DEVELOPER:
Standard Pacific of Florida GP,a Delaware
Corporation
Punted Nacre of Witness By
Its President
Pnnted Name of W dmss
ATTEST(Seal): CITY OF WINTER SPRINGS, a Florida
Municipal Corporation,
A I it • ORENZO-LUACES By:
City r lerk CHA ES LACE ''
Mayor
APPROVED AS TO FORM AND
LEGALITY FOR THE CITY OF WINTER
SPRINGS ONLY:
ANTHONY A.GARGANESE,CITY ATTORNEY
I
STATE OF
COUNTY OF
The foregoing instrument was acknowledged before me this day of
2015,by , as of Standard Pacific of Florida GP, a Delaware
corporation who is personally known to me or who has produced
as identification
(NOTARY SEAL)
Notary Public Signature
(Name typed,printed or stamped)
Notary Public, State of Georgia
Commission No
My Commission Expires
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