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HomeMy WebLinkAboutCity of Tamarac Resolution R-92-023J 2 a 1 5 6 Temp. Reso. # 6227 CITY OF TAMARAC, FLORIDA RESOLUTION N0. R--92- A RESOLUTION AUTHORIZING CITY OFFICIALS TO EXECUTE A TERMINATION OF THE ORIGINAL WATER AND SEWER DEVELOPER'S AGREEMENT FOR THE WESTVIEW AT COLONY WEST PARCEL R PROJECT LOCATED ON THE SOUTHEAST CORNER OF MCNAB ROAD AND NORTHWEST E38 AVENUE, TAMARAC; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1 : That the appropriate City officials are hereby authorized to execute a termination of the Water and Sewer Developer's Agreement, for Westview at Colony West Parcel R project located on the corner of McNab Road and Northwest 88 Avenue, Tamarac, attached hereto and made a part hereof as Exhibit "A SECTION 2 That the City of Tamarac hereby agrees that in exchange for Westview at Colony West Parcel R relinquishing all their rights to a water and sewer developers agreement, the City will not collect any guaranteed revenue or interest accrued after December 31, 1991. SECTION 3 That the City Clerk is hereby authorized and directed to record said agreement in the public records of Broward County, Florida. SECTION 4 This Resolution shall become effective immediately upon its passage. PASSED, ADOPTED AND APPROVED thi.sc�& day of 2t.h,- 1992. ATTEST: 3yo M ��4­&z22e� 31 CAROL A. EVA S CITY CLERK 35 aEREBY CERTIFY that I -have ed this Resolu 'on as M. MITCHELL S.1vKRAFT CITY ATTORNEY V6,w otu_. NORMAN ABRAMOWITZ MAYOR Al`CORD OF COUNM VOTE MAYOR DISTRK DI.STRK DISTRI( DISTRI( TERMINATION OF WATER & SEWER DEVELOPER'S AGREEMENT For Westview at Colony West (Parcel R) This termination of AGREEMENT, made and entered into and between the City- of Tamarac, 7525 Northwest 88th Avenue, Tamarac, Florida, 33321, a municipal corporation of the State of Florida, hereinafter called "CITY" and Westview at Colony West having an address at 615 Dorchester Street West #330 Montreal, _Quebec, Canada H3B,_-lP5 , hereinafter called "DEVELOPER" W I T N E S S E T H: WHEREAS, CITY and DEVELOPER entered into a Water and Sewer Developer's Agreement for the property described in Exhibit "A" attached hereto and made a part hereof on the 28th day of January, 1982 and WHEREAS, the parties desire to terminate that Agreement. NOW, THEREFORE, in consideration of the mutual covenant and undertakings of the parties hereto and other good and valuable considerations, the parties hereto covenant and • agree as follows: �J 1. The DEVELOPER wishes to terminate the Developer's Agreement. 2. Upon termination of the Developer's Agreement, it is agreed that the CITY shall have the right to exercise any of the following sanctions or penalties: a) Any reserved plant capacity under this Developer's Agreement shall, be rescinded and forfeited. b) The site plan for the property is voidable by Resolution of the City Council. c) There shall be an interest penalty equal to the maximum rate allowed by Florida State Law on any payments due to CITY from DEVELOPER which are not paid. The penalty, when applicable, shall accrue from the due date of payment as provided in this Agreement. The rate of interest shall be established by Resolution of the City Council. -1-- d) The CITY shall be entitled to lien the PROPERTY and foreclose the lien in satisfaction of any payments due under this Agreement. e) CITY shall be entitled to any other remedy at law and failure to exercise any remedy shall not constitute a waiver of said remedy. 3. Upon termination of the Developer's Agreement, the DEVELOPER will not be obligated to make any additional guaranteed revenue payments or interest that may have accrued after December 31, 1991. 4. This Amendment shall become effective on the latest date of execution by a party hereto. MAST-DOC TERM/W&S/WESTVW 0 WFM E IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed on the day and year indicated below: Signed, sealed and delivered in the presence of: ATTEST: Jo P. Kelly, C Y MANAGER ATTEST: Carol A. Evans, CITY CLERK STATE OF FLORIDA ) ) COUNTY OF BROWARD SS: ) THE ITY OF TAMARAC By JUM rman Abramowi-liz, MJkYOR 011IYV / z _ � I Approved as to form By CITY A TORNEY Before me personally appeared 1 -ez to me well known and kfiow-n—t-6 me to be the persons) described in and who 4±executed the foregoing instrument, and acknowledged to and before me that f-4 executed said instrument for the purposes therein expressed. WITNESS my hand and official seal, this & bVday of A.D. 19 9� 16 d, - C&6� My Commission expires: NOTARY PJSUC, STATr ','.F FL OVUM, MY coil, M!Ss�fj;q FIRS. JGbik Z6, ia,'3, SQ'NUED TNRJ NOTARY PUWLIC WNULAVJi21ieR5. 40 1WM Notary Public State of Florida at Large • WITNESS WITNESS C� • *I �• ��r .91' �I • .91 I 11 i, e, c� 9,, cQ3 DEVEeOPER/OWNER ,- B I�,�SI►fof aw com DATE hLa DATE _4 _ (CORPORATE SEAL) MORTGAGEE (If Applicable) (CORPORATE SEAL) E 0 (r -%2- rJ?,it STATE OF FLORIDA ) SS: COUNTY OF BROWARD) Before me Personally appeared /4126V I V1.,--•— to me well known and known to me to be the person(s) described in and who executed the foregoing instrument, and acknowledge to and before me that executed said instrument for the purposes therein expressed. �--- WITNESS my hand and official seal, this O- day of �'r[� A. D . 19 kT- My commission expires: ATE OF FLORIDA ) ) SS: UNT F BROWARD Before personally appeared otary Public State of Florida at Large ""'" Cheryl L Burris Notcr1 'TATE OF FLORIDA r�r� Public !'1y ti or Capv/L9/91 BOivDED •«+ wCi11 nilV W11 dllu JL 11 1 Lo me Lo De the person(s) described in and who executed the fo oing instrument, and acknowledge to and before me that execut said instrument for the purposes therein expressed. WITNESS my hand and official eal, this day of _._ A. D. 19 My commission expires: m7m Notary Public State of Florida t Large it � - 5 ;�- - 93 V . AFFIDAVIT SHALL BE COMPLETED WHEN MORTGAGEE SIGNATURE IS NOT APPLICABLE do h n ereby affirm that I am the ""Rnd that I have executed an amendment to a water and sewer Developer s Agreement. There are no mortgages held on the property which is the subject of said Developers Agreement. FURTHER AFFIANT SAYETH NOT. ( IGN TURE) _ This0 day of 19 STATE OF FLORIDA ) SS: COUNTY OF ) Before me personally appeared Mo ly, Iv15 �/-, to me well known and known to me to be the person who executed the foregoing instrument acknowledge to and before me that executed said document for the purpose therein expressed. WITN SS my hand and official seal this 0 da of ..A Lv 19 . y OhtL� Ge- &J,4� Notary P lic of State of Florida at Large My Commission Expires: Cheryl L Burris 9-m :TATOF FLORIDA 11y i Qa Exp3/29/92 Q'= EXHIBIT "A" LEGAL. DESCRIPTION All of Parcel R, of WOODLAND LAKES, according to the Plat thereof, as recorded in Plat Book 71, at Page 18, of the Public Records of Broward County, Florida; LESS AND EXCEPT therefrom, the following described portion: Beginning at the Northeast corner of said Parcel lig", thence North 990 01, 50" West, along the South right-of-way line of McNab Road, a distance of 380.00 feet; thence South 00 58' 10" West, a distance of 296.27 feet to a point on the Easterly line of said Parcel "R"; thence North 530 01' 38" Easty along the Easterly line of said Parcel "R", a distance of 481.85 feet to the POINT OF BEGINNING. Said lands situate, lying and being In Broward County, Florida. I* 0 Iviv coel sec. 9.41 iIV T ap 0 0 11 to «<` i i R ' ilk i rt TAMARAC `% G RESS T ��,✓ DMO 3 SQUARE WEST otII o-Z -o23 /! a ANDS POINT