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2010-120B
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2010-120B
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Last modified
2/11/2016 11:39:11 AM
Creation date
10/1/2015 2:13:27 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Developer's Agreement
Approved Date
05/11/2010
Control Number
2010-120B
Agenda Item Number
10.A.1.
Entity Name
DiVosta Homes
Subject
Waterway Village Amended Settlement Agreement
Reference Resolution No. 2010-121
Supplemental fields
SmeadsoftID
9683
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L . Failure to insist upon strict compliance with any of the terms , <br /> covenants , or conditions herein shall not be deemed a waiver of such terms , <br /> covenants , or conditions , nor shall any waiver or relinquishment of any right or <br /> power hereunder at any one time or times be deemed a waiver or relinquishment <br /> of such right or power at any other time or times . <br /> M . All words , terms , and conditions contained herein are to be read in <br /> concert, each with the other, and a provision contained under one paragraph may <br /> be considered to be equally applicable under another in the interpretation of this <br /> A >nended Agreement. <br /> N . The words herein and hereof and words of similar import, without <br /> reference to any particular section or subdivision of this Amended Agreement, <br /> refer to this Amended Agreement as a whole rather than to any particular section <br /> or subdivision hereof. <br /> O . In the event any term, condition, or clause of this Amended <br /> Agreement is declared to be illegal or unenforceable by a court of competent <br /> jurisdiction, such declaration of illegality or unenforceability shall not affect or <br /> alter the legality or enforceability of any remaining term, condition, or clause <br /> hereof, provided of the parties , as set forth in this Amended Agreement. <br /> 16 Effective Date of Amendments : The amendments set forth in this <br /> Amended Developer ' s Agreement (as compared to the original Developer ' s Agreement <br /> dated December 13 . 2005 ) (collectively "Developer ' s Agreement Amendments " ) are <br /> part of a settlement ("Settlement") of certain claims asserted by DiVosta, including, <br /> without limitation claims set forth in that certain complaint fled in the Circuit Court <br /> Indian River Colmty . Florida, styled DiVosta Homes . L . P . . et al v . Indian River County <br /> Florida case # 20070109 CA 19 ( "Lawsuit' ') and claims presented under the Bert J. <br /> Hams Jr. , Private Property Rights Protection ' Act (collectively "Claims ") The terms of <br /> the Settlement of the Claims is set forth in the Developer ' s Agreement Amendments the <br /> Development Order Amendments (as defined in Resolution 2010 - constitutinan <br /> _Amended and Restated Development Order pertaining to Waterway Village) , and a <br /> Settlement Agreement executed by the parties simultaneously with the execution of this <br /> Amended Developer ' s Agreement (collectively "Settlement Documents " ) . In an <br /> a undance of caution. the parties have elected to seek Circuit Courtapproval in the <br /> Lawsuit of the Settlement and Settlement Documents The Settlement and Settlement <br /> Documents shall be effective as of the date of Circuit Court approval and conclusion of <br /> all appeals if any ,' If. for any reason , a fnal Circuit Court-approval of the Settlement and <br /> the Settlement Documents is not obtained then the Settlement and the Settlement <br /> Documents shall be null and void. <br /> RM: . 7375391 : I <br /> +2 <br /> Page 13 of +616 <br />
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