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2009-176
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2009-176
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Last modified
3/9/2016 1:47:00 PM
Creation date
10/1/2015 1:23:20 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/16/2009
Control Number
2009-176
Agenda Item Number
8.H.
Entity Name
510 LLC, WCI Communities, Orchid Landing, Kennedy
Subject
Codicil to Developers Agreement
Area
Property North of CR 510
Supplemental fields
SmeadsoftID
8737
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promises herein contained , and for other good and valuable consideration , the receipt <br /> and sufficiency of which is hereby acknowledged , the parties hereby agree as follows : <br /> 1 . The foregoing recitals are hereby incorporated as if fully set forth herein . <br /> 2 . The County will complete abandonment hearings of the rights -of-way <br /> contemplated by this Codicil . <br /> 3 . If approved after hearings , the County agrees that after the abandonment <br /> of the 86th Street and 46th Avenue rights - of-way north of SR 510 , and delivery of the <br /> Easements and Deeds described in Exhibits 5 through 12 , inclusive , that : <br /> A . The County acknowledges that payment in the <br /> amount of $ 1 , 473 , 299 . 73 has been received by the County <br /> as required under the June 21 , 2005 Agreement . Said sum <br /> represents the full amount of intersection and road <br /> improvement contributions required of Developer or Owner . <br /> Other than as specifically anticipated in this Codicil , neither <br /> the North of 510 Property nor the Kennedy Property shall <br /> have no further responsibility to make additional <br /> contributions toward the cost of improving SR 510 or the SR <br /> 510 and U . S . 1 intersection . <br /> B . The County acknowledges the Side Agreement <br /> dated August 18 , 2005 , between Orchid Landing , LLC and <br /> WCI Communities , Inc . wherein 12 residential units and <br /> 10 , 000 commercial square feet were assigned to Orchid <br /> Landing , LLC , by WCI Communities , Inc . , subject to site plan <br /> approval , obtaining concurrency and payment of all impact <br /> fees . <br /> - 5 - <br />
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