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2025-082
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2025-082
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Last modified
5/2/2025 12:04:00 PM
Creation date
5/2/2025 11:38:58 AM
Metadata
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Template:
Official Documents
Official Document Type
Developer's Agreement
Approved Date
04/08/2025
Control Number
2025-082
Agenda Item Number
11.A.1.
Entity Name
DRP Bookbinder Multistate, LLC
Subject
Developers Agreement for Riverfront Groves, Inc. 1375 98th Ave.
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10. Payment Terms. The County shall reimburse GLH for its construction of the <br />Improvements pursuant to the terms of Section 5 of the GLH Agreement. The Developer <br />shall pay the County for the HI Development's proportionate use of the Improvements <br />upon issuance of the Land Development Permit. Developer's payment shall be calculated <br />as follows: a. The number of units impacted/benefitted from the Improvements (384 units), <br />multiplied by the price per unit ($800.00) for a total of $307,200.00. <br />11. Easements. <br />a. Developer shall convey to the County a utility easement for the water and <br />wastewater utilities over any property owned by the Developer for the County to <br />install, maintain, operate and monitor the water and wastewater utilities, within the <br />private right-of-way including, but not limited to, waterlines, services, laterals, <br />manholes, meters, lift station, sewer, remote monitoring and related utility <br />structures. <br />b. The grant of easement may be made by way of an easement agreement or the <br />adoption and dedication of a duly approved and recorded plat pursuant to Chapter <br />177, Florida Statutes. <br />12. Term. The term of this Agreement shall be seven (7) years. Unless otherwise agreed <br />upon by the parties in writing, this Agreement shall not be renewed automatically for <br />successive terms. <br />13. Assignability. Either party may assign this Agreement. However, the rights granted <br />herein shall run with the land and are not the personal property of the Developer. Therefore, <br />while the Developer has the right under this Agreement to freely transfer the rights and <br />obligations granted by this Agreement, the assignee shall not have the right to transfer <br />these rights to another property unless this Agreement is amended in writing by the <br />assignee and the County. <br />14. Permits and Approvals. The fact that this Agreement does not detail all laws, rules, <br />regulations, permits, conditions, terms and restrictions that must be satisfied to complete <br />the development contemplated by this Agreement shall not relieve any party, or its <br />successors in interest, of the obligation to comply with the law governing such permit <br />requirements, conditions, terms, and restrictions. Further, the County will not delay HI <br />Development approvals and construction based on timing of water main extension <br />construction. Notwithstanding the foregoing, the interests of any party may be mortgaged <br />in connection with a mortgage of any portion of the Property. <br />15. Further Assurances. Each of the parties hereto agrees, to the extent permitted by law, <br />to do, execute, acknowledge, and deliver, or cause to be done, executed, acknowledged, <br />and delivered, all such further acts, and assurances as shall be reasonably requested by <br />the other party in order to carry out the intent of this Agreement and give effect thereto to <br />the extent allowed and, in a manner, permitted by law. Without, in any manner, limiting the <br />
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