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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-064Introduced by V/M Massaro Temp. #2935 1 2 3 4 i �1 9 10 11 12 13 14 a 21 22 23 A 27 28 29 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84-64 A RESOLUTION APPROVING AND ACCEPTING A DEVELOPMENT AGREEMENT WITH JUSTUS HOMES, INC.,OF FLORIDA,FOR BISHOP TRACT 26; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Development Agreement with Justus Homes, Inc. of Florida, for Bishop Tract 26, is hereby approved and accepted, a copy of said agreement being attached hereto as Exhibit A. SECTION 2: That the appropriate City officials are hereby authorized to execute said agreement on behalf of the City. 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 upon adoption. PASSED, ADOPTED AND APPROVED this 1st day of March , 1984. ATTEST: -6e-t'� Z2 ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness of this Resolutig. MA R RECORD OF COUNCIL VOTE MAYOR FALCK:- DIST. 1: C/M KRAVITZ: .��._....,n DIST. 2: V/M MASSARO: DIST. 3: C/M STE[ 7ER: . DIST. 4: C/M KRANTZ:._..- Rev. 2/27/84 SID - �4 DEVELOPMENT AGREEMENT (BRACT 2fi THIS AGREEMENT entered into by and between CITY OF TAMARAC, a municipal corporation of the State of Florida, hereinafter referred to as "CITY," and JUSTUS HOMES, INC. OF FLORIDA, a Florida corporation, hereinafter referred to as "DEVELOPER." W I T N E S S E T H: In consideration of the mutual covenants and conditions herein contained and other good and valuable consideration which the parties herein acknowledge, the parties agree as follows: 1. STATEMENT OF FACT. DEVELOPER is the owner of certain real property located within the CITY OF TAMARAC, Broward County, Florida described on Exhibit "A" attached hereto. The DEVELOPER has pending before the CITY a plat in final form for the real property described upon Exhibit "A" known as Bishop Tract 26, and hereinafter referred to as "Tract 26." The CITY OF TAMARAC has enacted an Ordinance No. 79-47, as amended by Ordinance No. 80-26 (located at 24-28.1 of the City Code), which requires on -site storm water retention for purposes of assisting in drainage for TRACT 26, in the approximate amount of five percent (5%) of the area reflected by the plat of TRACT 26. The CITY OF TAMARAC has also enacted Ordinance No. 0-76-56 pertaining to the dedication of land for local park and recreational purposes. The CITY desires traffic signalization at N.W. 88th Avenue and N.W. 77th Street, Tamarac, Broward County, Flo- rida. 2. RETENTION AREA AND DRAINAGE PAYMENTS. A. With respect to the retention areas the DEVEL- OPER agrees to: Pay a retention fee of $30,234 required by the CITY OF TAMARAC based on ONE THOUSAND SEVEN HUNDRED FIFTY DOLLARS ($1,750.00) per acre for the 17.2766 acres contained within the plat of TRACT 26 as approved by the CITY OF TAMARAC, provided however that if a site plan containing an adequate design for storm water retention is approved by the CITY OF TAMARAC, in accordance with its rules, ordinances and regulations, for TRACT 26, the monies paid by the DEVELOPER for retention fees shall be returned by the CITY to the DEVELOPER forthwith. No interest on this fee shall be owed by the CITY. B. In addition to the retention fees herein des- cribed, the DEVELOPER further agrees to pay to the CITY OF TAMARAC at the time the plat for TRACT 26 has been approved by the CITY the sum of TWO THOUSAND TWO HUNDRED FORTY-SIX DOLLARS ($2,246) for drainage improvements as required by Ordinance 79-47, as amended, calculated at a rate of $130 per acre. This feeds non-refundable if plat is approved by the Broward County Commission. 3. RECREATION PAYMENTS. The DEVELOPER agrees to pay to the CITY at the time TRACT 26 monies for local the CITY parks and approves the plat for recreation in the amount of EIGHTY TWO THOUSAND NINE HUNDRED TWENTY EIGHT DOLLARS ($82,928.00). These sums represent the DEVELOPER's fair share of payments toward local parks and recreation needs of 1 the CITY as mandated by the stipulated order signed July 14 and 18, 1978 in the case of Leadership Housing Systems, Inc. vs. City of Tamarac, Case 72-11731 filed in Broward Circuit court. 4. OFF SITE IMPROVEMENT . The DEVELOPER, at its expense, agrees to construct the road and related improve- ments on N.W. 88th Avenue and N.W. 90th Avenue adjacent to the plat of TRACT 26, including sidewalk improvements, turning lanes and bus lanes, all in accordance with plans approved by Broward County and the CITY OF TAMARAC, such improvements being necessary to satisfy the requirements of the DEVELOPER pursuant to Article IX of Chapter 5 of the Broward County Code and as required by the CITY OF TAMARAC Code or applicable ordinances. The costs of such improvements as estimated by the Broward County Engineering Division and the City of Tamarac are as follows: TRACT 26 Right Turn Lane $7,500.00 Bus Turn 6,000.00 Sidewalks 6,500.00 Cul-de-sac Sidewalk (NW 90 Ave) 1,250.00 Prior to execution of plat approval by the City, the DEVELOPER agrees to deliver to the City a Bond equal in amount to the above three items in the form of cash, irrevocable bank letter of credit, cashier's check or other negotiable instrument, or a surety bond, in a form acceptable to the City. The DEVELOPER agrees that these improvements shall be incorporated in and constructed concurrently with improvements reflected on any future site plan submitted to and approved by the CITY. S. TRAFFIC SIGN LIZATION . The DEVELOPER, at its expense, agrees to construct a traffic signalization system at the intersection of N.W. 88th Avenue and N.W. 77th Street, CITY OF TAMARAC, Broward County, Florida, said construction to be in accordance with plans approved by Broward County and the CITY OF TAMARAC. At the time the CITY approves the plat for TRACT 26, the DEVELOPER shall deposit with the CITY the sum of FORTY THOUSAND DOLLARS ($40,000.00) representing the cost of the traffic signalization described within this Paragraph 5, which sum shall be held by the CITY until the plat for TRACT 26 has been fully approved by the Broward County Commission. Upon approval of the plat by Broward County, the CITY shall then put said monies ($40,000.00) into the CITY's traffic signalization account. If within the one-year period after Broward County approval of the plat, the DEVELOPER has properly installed said signalization, the $40,000.00 deposited with the CITY by the DEVELOPER shall be returned to the DEVELOPER. If after one year from the date the Broward County Commission has given plat approval of TRACT 26, said signalization has not been installed by the DEVELOPER, then the DEVELOPER shall no longer have an obligation of installing said traffic signalization and the $40,000.00 deposited with the CITY shall be retained by the CITY. Notwithstanding any of the other terms and provisions herein contained to the contrary, if the Broward County Commission does not give final plat approval for TRACT 26, then the $40,000.00 deposited with the CITY as herein des cribed shall be returned to the DEVELOPER and no interest thereon shall be owed by the CITY. The CITY recognizes and agrees that the DEVELOPER is only required by this Agreement to install one (1) traffic signalization system at the intersection of N.W. 88th Avenue and N.W. 77th Street, Tamarac, Florida. The CITY further recognizes and agrees that the DEVELOPER has executed simultaneously herewith a Development Agreement for real property within the CITY OF TAMARAC and commonly referred to 2 1 Development Agreement (Tract 26) 1 1 property within the CITY OF TAMARAC and commonly referred to as "Tract 31," which Agreement (for Tract 31) requires a traffic signalization system at N.W. 88th Avenue and N.W. 77th Street, in accordance with the terms and provisions of this Paragraph 5 and that only one deposit of $40,000.00 is required of the DEVELOPER for both Tracts 26 and 31. Therefore, if the DEVELOPER installs a traffic signalization system pursuant to the Agreement between the DEVELOPER and the CITY for Tract 31, the DEVELOPER will not be required to install another traffic signalization system pursuant to this Paragraph 5 for TRACT 26. 6. REFUND OF MONIES. The parties hereto recognize and agree that the plat for TRACT 26 could be rejected by the CITY OF TAMARAC or Broward County. This Agreement is not intended to require the CITY OF TAMARAC or Broward County to approve this plat. Therefore, in the event the CITY OF TAMARAC and Broward County do not approve the plat of TRACT 26 for recordation in the Public Records of Broward County, Florida, all monies paid by the DEVELOPER to the CITY pursuant to this Agreement, shall be returned by the CITY to the DEVELOPER forthwith, whereupon this Agreement shall become null and void and all parties relieved of any further liabilities and obligations hereunder. The CITY has no obligation to pay DEVELOPER any interest on money paid to or deposited with the CITY. 7. This Agreement shall be construed in accordance with the laws of the State of Florida and shall be binding upon the CITY and the DEVELOPER, and the successors and assigns of the DEVELOPER. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed on the day and year indicated below: Signed, sealed and delivered THE CITY OF TAMARAC in the presence of: ATTEST: C TY ER ATTEST: / � r 3 By \\I \X'1,J -i:�- MAYOR DATE By ITY M R DATE /Y �/ Approved as t6 form By TY JUSTUS HOMES, INC. By DA7 Development Agreement (Tract 26) STATE OF FLORIDA COUNTY OF BROWARD BEFORE ME, t ndersig d au or't , personal y appeared and , respectively and of the CITY OF TAMARAC, municipal corporatio of the State of Florida, who, being duly sworn, depose and say that they have read and eaxecuted the fore oing instru�Qnt, n behalf of such corporation, on this ,day of 1984. 5 94-.,X- �- --- NOTARY PUBLIC, STATE OF FLORIDA AT LARGE. My commission expires: (Notary Seal) SOLMY eUBLIC STATE OF FLORIDA AT LARGE MY CO"1*15SI0N EXPI95 APR 211984 IONDED THRU GENERAL INS: UNDERWRITERS IN WITNESS WHEREOF, JUSTUS HOMES, INC. OF FLO �, a Florida Corp ratio , has set its hand and seal this .,_ day of %�4�• 1984. JUSTUS HOMES, INC. OF FLORIDA By: ' it esident STATE OF FLORIDA COUNTY OF BROWARD BEFORE ME, the undersigned authority, personally appeared VRLTM 0. Tvstus , President of JUSTUS HOMES, INC. OF FLORIDA, a Florida corporation, who, being duly sworn, deposes and says that he has read and eaxecuted the foregoing instrument, on behalf of such corporation, on this )s T day of h tvtCµ , 1984. zLt:�' //CY6 NOTARY PUBLIC, STATE OF FLORIDA AT LARGE My commission expires: �, ssaie c: %rlda at Larm �4w aw eon 3oa w 1004DA012484/t 4 (Notary Seal) 1 EXH/B/T• A 164 Oy fills fk L i •' 'i !fig :,F �sq I «t t YAR— CEL 3: - A portion of Tracts 2, 3. S. 6 and 7, FLORIDA FRUIT LVIDS CDMPAHY SUBDIV1S10;t n0. •2. of Section 5, io:mship 49 South; Range 41 East, as recorded in Plat Book 1, Paae 102, of the Public RecDrds of Palm Beach County, Florida. being more particularly described as follows: BEGIN at the most Westerly corner of "Heftler Homes - 71nmarac" according to the plat thereof, recorded in Plat Book 101. at Page 40, of the .Public Records of Broward County, Florida. THENCE South 401015'51" East, a distance of 170.OD feet; THENCE North 49"44'09" East, a distance of 175.84 feet; THENCE South • 40.15151" East, a distance of 309.47 feet to an intersection with the arc of a circular Curve, concave Southeasterly, whose .radius point bears South. 50044'37" East, TTDT the last described point; THLNCi Northeasterly along t:.e arc or said curve havino a radius of 2366.00 feet, a central anole of 02"27'13" and an arc distance of 101.33 feet; T1:ENCr South 40.15'51" East, alone a line not tannet.to the last described curve, a distance of 121.64 feet to a Point of Curvature or a circular curve, concave Northeasterly; THENCE continue SOUthetster along the art of said curve, having a radius of 80.OD feet.. a central angle o-' 005D'25" and an arc distance of 10.95 fee:, to a Point oiian=_ncy; THENCE South 48-06'16" East, a distance of. 104.16 feet; THENCE- South 03-46'36". East, a distance of 34.94 feet, said last four courses being coincident with the South Right -of -Jay line of N.W. 79th Street and said last eight courses a77 being coincident with the Southerly linits of said plat "Heftier i:vmes - Tamarac". to an intersection with the arc of a circular curve, concave Southeasterly, whose radius bears South 49-26'56" East. from the last described point; THENCE Southv,esterly, al ong the -arc of said curve, having a radius of 2106.08 feet; a central angle of 19.39'50" and an arc distance . of 722.78 feet, said arc being coincident with the Westerly Right-ol-Way line of N.U.4. 83th Avenue as deeded in O.R. Book 4747, at Page -183, of the Public Records of Brotia rd County, Florida, to a pdi nt bearing North 69.06' 46" West, fro:" the radius point of the last described curve; THENCE 71`17'23" West, along •the northerly Right -of -Way line of a Canal. a distance of 972.85 feet; THENCE North 03.32'02" East, along the Easterly Right -ow. -Way line, of said Canal, a distance .of 176.90 feet; 7HE14CE North 49"44' 09" East. along the sou therly- Right-of=Way line of said Canal, a distance of•788.94 feet, said Canal deeded in O.R. Boor. 6450 at Paoe 688, of the 'Public Records of Broward County, Florida,, to the pOlt171 OF BEGINNING of this description. : Said lands situate. lying and being in Broward County, Florida. .. 1