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HomeMy WebLinkAbout2008-019aooL? d/9 DEVELOPER'S AGREEMENT BETWEEN INDIAN RIVER COUNTY, FLORIDA AND SANDLER AT PMCREST, L.L.C. FOR HE, RESERVE THIS AGRBBMBNT is made and entered 'pito this 15thday of January 12006; by and between Indian River County, Florida, a political subdivision of the State of Florida, 1840 25"' Street, Vero Beach, Florida 32960 ("County"), and Sandler at Pinecrest, L.L.C., a Virginia ]united liability company, 448 Viking Drive, Suite 220, Virginia Beach, VA 23452 ("Developer"). WITNESSETH WHERBAS, the Developer proposes to develop a residential community, located on the north side of 26"' Street, west of 43rd Avenue, and east of 58"' Avenue, in Vero Beach, Florida, to be known as Heritage Reserve ("Project"); and WHEREAS, as proposed, Heritage Reserve will include up to 780 residential units, with associated recreational and other amenities, on approximately 333 acres of land. A legal description of the property is attached as Exhibit "D'; and WHBREAS, even though Heritage Reserve is located within the jurisdictional limits of the City of Vero Beach, the County and the Developer share muhral goals and can assist each other with respect to right-of-way acquisition, roadway and drainage improvements,. intersection improvements, and other improvements described herein; NOW, THEREFORE, in consideration of the mutual terms, conditions, promises, covenants, and premises stated herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the County and the Developer agree as follows: X. Recital : The foregoing recitals are incorporated as if fully restated herein, B. Site Related huprovements: Prior to the issuance of the first certificate of occupancy for any unit in the Project, Developer shall plan,,survey, design, permit, and construct the following site related improvements: 2. Eastbound left -tun lane and westbound right -turn lane at Western Project Access on 261' Street. 1. Eastbound left -tum lane and westbound right -turn lane at Eastern Project Access on 20 Street. 2. Eastbound left -tun lane and westbound right -turn lane at Western Project Access on 261' Street. 3. Northbound left -turn lane on 43`d Avenue at Project Entrance (Airport Road). 4. Flasher convertible traffic signal at 33`d Street and 58`h Avenue. 5. Flasher convertible traffic signal at 43`d Avenue and Project Entrance. Items #1, #2, #3 and #5 shall be the total responsibility of the Developer without impact fee credit from the County. The cost of item 4 shall be shared between the Developer (25%) and the County (75%). The Developer share shall not be eligible for impact fee credit. If the improvements to 26`h Street (as described in this agreement) are under construction or scheduled to begin construction within ninety (90) days, Developer may escrow the funds necessary to construct items #1 and #2 and complete said improvements as outlined in the 26`h Street construction schedule. C. Off -Site Intersection Improvements: 1. Developer agrees to plan, survey, design, permit, and construct the intersection improvements specified on Exhibit "A", attached to this Agreement and incorporated by reference herein, to Florida DOT Green Book and Indian River County standards ("Intersection Improvements") on or before the date specified on Exhibit "A". (a) These improvements shall be completed and accepted by the County on or before the date specified or event specified on Exhibit "A" hereto, provided that the County shall review and approve submitted plans in a timely manner. The County agrees to review and approve or respond with specific requests for additional information within thirty (30) days of submission. Failure to reply in the stated time frame shall extend the completion deadline at the rate of one certificate of occupancy for each week that the County fails to respond to or approve submitted plans. (b) The County shall negotiate with its Consultant for thirty percent (30%) design, engineering and right-of-way maps for 26`h Street from 43`d Avenue to 58`h Avenue. The design of the roadway shall improve the existing road from its current two lanes to four lanes and the tum lanes at each entrance to the Development from 26'h Street as required by the approved traffic impact analysis. The design shall also include sidewalks along 26`h Street and 43`d Avenue as designated by the County. Upon completion and approval of the thirty percent (30%) design, Developer will be responsible for complete design and engineering, and for construction of the improvements to 26`h Street between 43'd Avenue and 581h Avenue. The Developer shall submit fully engineered plans to the County for review and approval. If the parties cannot reasonably agree on the plan and design of 26`h Street, then Developer can opt out of this requirement of the agreement by paying the Development's required impact fees. Upon approval, the Developer shall be responsible for the following: (i) Solicit public bids for the construction project. (ii) Obtain all permits and approvals needed for the Project. 2 (iii) Construct all aspects of the Road Project and supervise construction of the Road Project, including all entrances, turn lanes and driveways, signage, signals, striping and maintenance of traffic. (iv) Undertake any required habitat and tree/landscaping mitigation and restoration necessary to the Project and monitor the mitigation and/or restoration. (v) Divert all stormwater from the Project onto Developer's property. Developer must accept all stormwater from the four-laning of 26`h Street (58`h Avenue to 43rd Avenue). (vi) Acquire right-of-way as needed for the Road Project in addition to the County's existing right-of-way, in the same manner as specified in this Agreement. (vii) Dedication (without compensation) of development property to the County to provide comer clips at development entrances. 2. Upon completion of the Road Projects in this Agreement, the Developer will convey the Road Projects, together with the needed right-of-way, to the County, subject to the County's inspection and approval. Developer shall warranty the Project for a period of one year following the conveyance to the County. Following the one-year warranty period, the County will then be responsible for maintenance of the Road Projects. 3. County, with the assistance of Consultant, agrees to identify any right-of- way required for these Improvements and prepare legal descriptions and parcel sketches. The County Public Works Director, or his designee, shall determine the size and number of parcels to be purchased. Developer agrees to prepare appraisals and to make a good faith effort to negotiate purchase prices for the required right-of-way. The County shall approve all purchase prices. Developer shall invoice the County for the reasonable costs of appraisals, closing costs, including purchase price, and the County shall reimburse the Developer for all such reasonable costs. If the Developer is unable to acquire the needed right-of-way, the County shall initiate the eminent domain process within ninety (90) days of notice by the Developer that the right-of-way could not be acquired through negotiation. If the County fails to initiate the eminent domain process in the time described herein, Developer shall be excused from performance of any obligation dependant upon the acquisition of the Property which might have been acquired by eminent domain, and Developer shall be permitted to proceed with its Project through completion, including all certificates of occupancy as if the excused obligations had not been part of this Agreement. The County, through its Public Works Director or his designee, shall have thirty (30) days to review and approve reimbursable costs. Failure to reply to Developer within thirty (30) days shall constitute approval. All costs incurred by the Developer to plan, survey, design, permit and construct 26`h Street from 43`d Avenue to 58`h Avenue Improvements described herein, except those reimbursed by the County, shall be credited to the Developer against Developer's traffic impact fee. ki 4. The Developer shall contribute to the County the sums of money ("Contribution Amount") toward the Intersection Improvements specified in Exhibit "B". For the purposes of calculating Developer's Contribution Amount, the parties shall use the Developer's Traffic Impact Analysis dated December 2005 and the law in effect at that time. 5. The Developer's obligation with respect to the Intersection Improvements and Contribution Amounts specified in this Agreement shall be deemed satisfied so long as Developer is in compliance with this Agreement. Developer shall have no further obligations, not shall Developer be required to make any additional contributions, with respect to Roadway Improvements in Indian River County other than as stated in this Agreement, except that Developer shall be required to comply with the "State Road 60 Interest Share Fee Ordinance", by paying any fees required thereunder; and except that if Developer elects not to construct 26h Street as described in Section C.I.(b) above, then the Developer may be subject to the County's Proportionate Share Fee Ordinance. D. Stormwater Management: The Developer agrees to incorporate, at no cost to the County, sufficient capacity in Heritage Reserve to provide stormwater treatment and storage from that section of 26`h Street expanded to four lanes between 58`h Avenue and 43`d Avenue. The Developer shall have the responsibility to design, permit, and install any drainage improvements required to direct the stormwater from the impervious area constructed by the Developer to the approved stormwater management system. E. County Purchase of Right -of -Way from Developer: The County agrees to purchase the right-of-way on 26`h Street, 43`d Avenue and on 58`h Avenue described and shown on Composite Exhibit "C" attached hereto and made a part hereof for a purchase price of Fifty Thousand and No/100 Dollars ($50,000.00) per acre or fractional part thereof. The property to be purchased as right-of-way consists of 3.33 acres or 145,107.7 square feet with a purchase price of One Hundred Sixty-six Thousand Five Hundred and No/100 Dollars ($166,500.00). The Developer shall convey title by Special Warranty Deed and shall provide title insurance at its own cost, and shall pay for documentary stamps. County shall pay all other costs. Closing shall occur on or before December 30, 2008, failure of which shall terminate the obligation of the Developer to convey said right-of-way to the County under the terms and conditions stated herein. F. Impact Fees for 26`h Street Improvements: Developer shall receive traffic impact fee credits for the costs approved by the County for the design and construction — including rigbt-of-way acquisition — of the 26`h Street Improvements described in paragraph C. Should the total cost of construction of 26`h Street Improvements exceed the amount of traffic impact fees to be paid by Developer, the Developer will be paid as follows in paragraph G. G. Invoices: Any invoices submitted by Developer to the County for the County's payment shall be reimbursed by the County according to the Prompt Payment Act. (Sections 218.70-218.80, Fla. Stat. 2004). H. Insurance and Indemnification: During Developer's performance of any construction in County right-of-way covered by this Agreement, Developer shall provide the County with evidence that Developer or the Developer's Contractor has obtained and maintains Cl the insurance listed below. Developer or Developer's contractor shall procure and maintain, for the duration of all construction contracts, insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the work hereunder by the Developer, his agents, representatives, employees or subcontractors, 1. Minimum Scope of Insurance (a) Worker's Compensation as required by the State of Florida. Employers Liability of $100,000.00 each accident, $500,000.00 disease policy limit, and $100,000 disease each employee. (b) General Liability $1,000,000.00 combined single limit per accident for bodily injury and properly damage, County shall be an additional insured. Auto Liability $1,000,000.00 combined single limit per accident for bodily injury and property damage for owned and non -owned vehicles. County shall be an additional insured. (e) Professional Liability Insurance providing coverage for intentional, reckless or negligent acts, errors, or omissions committee or alleged to have been committed by Developer's Engineer with a limit of $500,000.00 per claim/annual aggregate. 2, There shall be no more than $5,000.00 deductible per claim amount unless approved by the County Risk Manager. Any deductibles or self-insured retentions greaten than $57000.00 must be approved. by the Risk Manager for Indian River County with the ultimate responsibility for same going to the Developer. 3, Developer's insurance coverage shall be primary. 4. All above insurance policies shall be placed:with insurers with :a Best's rating of no less than AV. The Insurer chosen shall also be licensed to do business in I]orida. 5. The insurance policies. procured shall be per•.occurrence policies or as generally available on the open insurance market. . 6. The insurance carriers shall supply Certificates of. Insurance evidencing such coverage to the Indian -River. County Risk Management Department priorr to the commencement of any work W a County right-of-way. 7. The insurance companies selected shall send written verification to the Indian River County Risk Management Department that they will provid..e thirty (30) days written notice to the Indian River County Department of Risk Management of its intent to cancel or terminate said policies of. nsurance, S. A written safety inspection plan must be submitted to the Indian River County Risk,Management Department for approval prior to the commencement of any work in a County right-of-way.. 9. Developer shall include in all subcontracts for ,subcontractors the above insurance requirement or show them as insured under its policies or shall furnish separate certificates and endorsements for each subcontractor. All coverages for subcontractors shall be subject to all of the requirements slated herein. 10. Developer hereby agrees to indemnify Indian River County and representatives thereof from all claims arising solely from intentional, reckless or negligent acts, errors or omissions of the Developer- or _Developers' representatives in the performance of services under this Agreement and for which Developer is legally liable. I. Concurrency: County and Developer acknowledge that amendments to Chapter 910, Indian River County Code, provide that whenever a non -proportionate fain share developer's;agreement-is executed by an applicant,. and that developer's agreement commits the applicant to construct major capacity -producing transportation improvements, the applicant's, project may bevested for transportation concurrency with a seven (7),year initial concurrency certificate if the 13oard of County Cormriissioners finds thw (a) the applicant's proposed improvements will provide significant bengfits to the transportation system, and (b) all other concurrency requirements, including payment of all applicable impact fees and demonstration of available capacity on all impacted links, are met. (For purposes of tbis paragraph, .such an agreement shall be called a "Qualified Non -proportionate Fav Share Developer's Agreement".) County and Developer agree that this Developer's Agreement will be a Qualified Non- proportionate Fair Share Developer's Agreement pursuant to adopted amendments to Chapter 910. Therefore, recognizing khat the applicarrt'.s proposed.improvements will provide significant benefits to the transportation system, County agrees that the applicani's project will be vested for• transportation concurrency with a seven (7) year initial concurrency certificate upon execution of this Agreement by the Board of County Commissioners. ]. Roadway Improvement Project Timing' Developer agrees to diligently prosecute the design and construction of the Roadway Improvement Project described berein. The engineering and design functions described. in. Section Cl(b) above will be. completed within twelve (12) months after'completiou and approval of the thirty percent (30%) :design. At such time, as all right-of-way acquisitions are completed, all appropriate permits are issued, the competitive bidding process is performed, the.Project is awarded to the roadway contractor and approved by the Public Works Director, construction activities shall commence within.ninety (90) days thereafter. The Roadway Improvement Project shall be completed within eighteen (18) months of commencement of work. I{, Project Performance Security: I. To secure the performance of Developer and payment of all expenses associated with the Roadway Improvement Project, Developer agrees to establish and maintain a Performance Security Instrument during the term of the Project. The Performance Security Instrument shall take the form of a cash deposit or irrevocable letter of credit. If the cash option is elected, required sums shall be posted with the County as Fserow.Agent. In the event that an irrevocable letter of credit is utilized, the form and content thereof shall be approved in advance by County, in its reasonable discretion. 2. The amount of the Performance Security Instrument to be pledged by Developer to secure its performance hereunder shall be one hundred fifteen percent (115%) of the Roadway Improvement Project, coats as provided in the preliminary estimate of project costs referred to in Exhibit "E". The funds or irrevocable letter of credit (as selected by Developer) shall be posted by Developer no Yater than fourteen (14) days following the completion and approval by the County of the thirty percent (309o) design, as referenced in paragraph C:1.(b) herein, and shall be maintained throughout the term of the Project, subject to reduction, as provided below. 3. The amount of the Performance Security Instrument shall be increased or reduced, as applicable, at such time as: the final Roadway Improvement Project costs are determined and established. 4. County and .Developer agree that the Performance Security Instrument shall be incrementally reduced over the course of the Roadway lmprovement Project as provided herein. At such time as County is notified by Developer_ that n ReductionEvent(as defined below) has occurred, County agrees to cooperate in the initiation and implementation of all activities necessary to reduce the surety instrument, which shall involve the reduction of the cash deposit, or letter of credit, as applicable. The amount of any such, reduction shall be equal to tiie sums paid by Developer, and approved by the County,, since the Preceding Reduction Event, or as poster] by a thud party as: indicated in the Reduction Event. Provided, however, in. no event may any reduction of the Performance Security Instrument result in a final performance security amount balance which is less than, one hundred fifteen percent (115%) of the funds necessary to complete the Roadway Improvement Project. Further, reductions to the Performaiide Security Instrument shall occur no more frequently than quarterly during the term bereof. Reduction requests shall be aggregated during each quarteri and impl6menied by the parties one time: during each three month period. 5. For purposes of this Agreement the term "Reduction Event" shall be defined as: (a) Payment of any installment or draw to a contractor or professional.in connection with prosecution of the Roadway Improvement Project; or (b) Payment of any proportionate share contribution of Roadway Improvement Project costs by a participating party as provided below. 6. The requirement of a Performance Security Instrument shall terminate upon the earlier of (a) Payments pursuant to subsection 5(b) above equal to one hundred fifteen percent. (115%) of Roadway Improvement Project costs; or (b) Developer completes performance of the Roadway Improvement Project, pays all applicable parties in full,. and the Roadway Improvements are accepted for,maintenance by County. 7. The Project traffic impact fees shall be reduced by the amount of Performance Security lssued by Developer. L. Miscellaneous: 1. In the event of any litigation Arising out of this Agreenment, each party shall pay its own attorneys' fees and costs. 2. No amendment, modification, change, or alteration of this. Agreement shall be valid or binding unless accomplished in writing and executed by all of the parties hereto. 3. This Agreement shall be binding upon and inure to the benefit of the panties hereto and their successors find assigns. 4. This Agreement contains the eutire agreement and understanding between the. parties. No representation, statement, recital, undertaking or promise not specifically set forth herein shall be binding on any party Hereto. This Agreement shall not be effective unless signed by Developer and. County. 5. The obligations of the Developer to this Agreement are expressly conditioned upon the Developer's decision, at Developer's sole discretion, to proceed with the Project, G. No Building Permit, Certificate of Completion, or Certificate of Occupancy shall be withheld oi delayed by the County for Heritage Reserve or any portion thereof, nor shall the County delay or withhold any other required permits, due to the County's failure to perform any obligation described herein, provided that the Developer is in compliance with tlus Agreement, all other elements of the Development Order and applicable laws end regulations. 7. Bxcept as described herein and in the Development Order, the County shall not require Developer to construct, contribute to, or share in the costs of any additional off- site. improvements, other than the payment of or credits toward applicable -impact fees. 8. This Agreement find all matters arising hereunder shall be governed by and construed in accordance with the laws of the State :of Florida; Venue hereunder shall lie in Indian River County, Florida. Time shall be of the essence. 9, This Agreement shall be deemed prepared jointly by each of the parties hereto and shall be construed on parity as between the parties. There shall be no canon of construction for or against any party by reason of the physical preparation of this Agreement. 10. Whenever. the singular number is used in this Agreement and when required by the context, the same shall include the plural; and the masculine, feminine, and neuter genders shall each include the others. 11. County and Developer shall grant such further assurances and provide such additional documents as may be reasonably required by one. another from time to time, and cooperate fully with one another in order to carry out tba terms and conditions hereof and comply with the express intention of this Agreement. 12. Failure to insist upon strict compliance with any of the terms, covenants, or conditions herein shall not be deemed a waiver of such terms,- covenants, or conditions; nor shall any waiver or relinquishment of any right or power hereunder at any one time or times be deemed a waiver or relinquishment of such right or. power at any other time or times. 13. All words, terms and conditions contained herein are to be read in concert, each with the other, and a provision contained under one paragraph may be considered to be. equally applicable under another in The interpretation of this Agreement. 14. The words herein and hereof and words of similar import, without reference to ,any particular section or subdivision of this Agreement, refer to this Agreement as a whole rather,than to any particular section or subdivision hereof. 15. In the event any term, condition, or clause of this Agreement is declared to be. illegal or unenforceable by a court of competent jurisdiction, such declaration of illegality or unenforceability shall not affect or alter the legality or enforceability of any remaining term, condition, or clause hereof, provided of the parties, as set forth in this Agreement. 16. Time is of the essence as to all matters in this Agreement. [THIS SPACE INTENTIONALLY LEFT BLANK] IN WITNESS WHEREOF the County and Developer have caused these presents to be executed in their names, the day and year first above written. I = DEVELOPER: BOARD OF COUNTY COMMISSIONERS INDIAN RIVER CO CJr Y. FLORIDA By. '- B WITNESS: I WITNESS (Corporate seal Istacceptable in place of witnesses) •i11 1, v . . !1 and enc toiluty Att6ley ✓'• Jeffrey K. Barton Clerk of Court EXHIBIT "A" Intersection Lnorovements EXHIBIT 411111 Fair Share Contributiona EXHIBIT 1101 Riebt of Way Aegaisitlons February 7, 2006 Sketch of Description Part of Section 33, T.32 S., R39 E. Indian River County Florida Pagas 1, 2, 3 EXHIBIT "D" Legal Description — Heritaee Reserve EXHIBIT "E" Protect Costs J-. Y MMO AND%ONIN WW11M AL111'A1rAOCSNIFMNVBI OR'B'S AORPM P"- MI 1&134Iix 10 �M I = EXHIBIT "A" Intersection Lnorovements EXHIBIT 411111 Fair Share Contributiona EXHIBIT 1101 Riebt of Way Aegaisitlons February 7, 2006 Sketch of Description Part of Section 33, T.32 S., R39 E. Indian River County Florida Pagas 1, 2, 3 EXHIBIT "D" Legal Description — Heritaee Reserve EXHIBIT "E" Protect Costs J-. Y MMO AND%ONIN WW11M AL111'A1rAOCSNIFMNVBI OR'B'S AORPM P"- MI 1&134Iix 10 E13iMIT "A" Site Related Intersection Improvements Constructed by Developer Improvement eligible for impact Deadline Intersection Improvement fee credit or Before Certificate reimbursement of Occupancy No. 1.Westbound left -turn lane on 33rd Street at 58'" Avenue, no 1 including paving of 33`4 Street from 58'" Avenue east to Project entrance. 2. Northbound right -tum lane on 58th Avenue at 33rd no 1 Street 3. Southbound left -turn lane on 58th Avenue at 33rd no 1 Street 4. Eastbound right -tum lane on 26th Street at 43rd yes Concurrently with the Avenue improvements to 26th Street 5. Northbound and eastbound right -turn lanes at 58th yes Concurrently with the Avenue and 26th Street improvements to 26th Street Concurrently with the 6. Eastbound left -turn lane and westbound right -turn lane no improvements to 26th at Eastern Project Access on 26th Street Street Concurrently with the 7. Eastbound left -turn lane and westbound right -turn lane no improvements to 26th at Western Project Access on 26th Street Street 8. Northbound left -turn lane on 43rd Avenue at Project no 1 Entrance (Airport Road 9. Flasher convertible traffic signal at 33r° Street and 58" no 1 Avenue IO.Flasher convertible traffic signal at 43r4 Avenue and no 1 project entrance EXIllBIT "B" Intersection Improvement Contributions The Developer shall contribute its fair share to the County toward the Intersection Improvements specified below: On -or -Deform Certificate Intersection Improvexnent Traffic Volume Monetary Contribulion of Occu anp ev No. 1. County approved Interseetion lmprovements 3.4% -$459,000 550 at 58" Avenue and Slate Road 60 2. County approved Intersection Improvements 2.4% $16,800 400 al581h Avenue and 41" Street 3. Count approved Intersection Improvements 3.1% $21,700 450 M58' 58' Avenue and 95'" Street, 4. Count/ approved Intersection Improvements 5.8% $7832000 250 at 43` Avenue and State Road 60 EXIDJ31T "C" SOUTHSTAR DEVELOPMENT PARTNERS, INC. INDIAN_ RIVER COUNTY RIGHT-OF-WAY ACQUISITIONS FEBRUARY 7, 2006 THE WESTERLY 40.00 FEET OF THE FOLLOWING DESCRIBED PARCEL: "PARCEL 7" - TRACT 12, SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST, ACCORDING TO THE LAST GENERAL PLAT OF LANDS OF THE INDIAN RIVER FARMS COMPANY, FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF ST. LUCIE COUNTY, FLORIDA, IN PLAT BOOK.2, AT PAGE 25; SAID LANDS NOW LYING AND BEING IN INDIAN RIVER COUNTY, FLORIDA. LESS AND EXCEPT THE NORTH 10 ACRES OF SAID TRACT 12. THE WESTERLY 5.00 FEET AND THE SOUTHERLY 20.00 FEET OF THE FOLLOWING DESCRIBED PARCEL: "PARCEL B" - TRACT 13, SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST, ACCORDING TO THE LAST GENERAL PLAT OF LANDS OF THE INDIAN RIVER FARMS COMPANY, FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF ST. LUCIE COUNTY, FLORIDA, IN PLAT BOOK 2, AT PAGE 25; SAID LANDS NOW LYING AND BEING IN INDIAN RIVER COUNTY, FLORIDA. LESS THEREFROM THE CAST 35 FEET OF THE WEST 60 FEET AND THE NORTH 50 FEET OF THE SOUTH 80. FEET AS CONVEYED TO INDIAN :DIVER COUNTY IN DEED RECORDED IN OFFICIAL RECORDS BOOK 1125, PAGE 1200, A PORTION (CORNER CLIP) OF "PARCEL B", BEING PART OF TRACT 13, SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST, ACCORDING TO THE LAST GENERAL PLAT OF LANDS OF THE INDIAN RIVER FARMS COMPANY, FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF ST. LUCIE COUNTY, FLORIDA, IN PLAT BOOK 2, AT PAGE 25; SAID LANDS NOW LYING AND BEING IN INDIAN RIVER COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCING AT THE SOUTHWEST CORNER OF AFOREMENTIONED SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST, RUN NORTH 00010'09" EAST ALONG THE WEST LINE OF SAID SECTION 33 A DISTANCE OF 140.05 FEET; THENCE 5:\P\02 -94A 130UNDARY\130Cft2-94a_ROW-Acq.doc Pngc 1 of 7 Page 1 of 6 LEAVING SAID WEST LINE RUN SOUTH 89049151" EAST A DISTANCE OF 66.00 FEET TO A POINT ON THE EAST LINE OF THE WEST 65.00 FEET OF SAID SECTION 33 AND THE POINT OF BEGINNING; FROM SAID POINT OF BEGINNING RUN SOUTH 44051102" EAST A DISTANCE OF 56.55 FEET TO A POINT ON THE NORTH LINE OF THE SOUTH 100.00 FEET OF SAID SECTION 33; THENCE RUN NORTH B9049'51" WEST ALONG SAID NORTH LINE A DISTANCE OF 40.00 FEET TO THE AFOREMENTIONED EAST LINE OF THE WEST 65 FEET OF SECTION 33; THENCE RUN NORTH 00001'09" EAST ALONG SAID EAST LINE A DISTANCE OF � 40.00 FEET TO THE POINT OF BEGINNING. THE EASTERLY 5.00 FEET, AS MEASURED NORMAL TO AND PARALLEL WITH THE EXISTING WESTERLY RIGHT-OF-WAY OF CLEMANS AVENUE (43Flo AVENUE) AND THE SOUTHERLY 45.00 FEET, AS MEASURED NORMAL TO AND PARALLEL WITH THE NORTHERLY RIGHT-OF-WAY LINE OF WALKER AVENUE (26TH STREET), OF THE FOLLOWING DESCRIBED PARCEL: "PARCEL 9" - FROM THE SOUTHEAST CORNER OF TRACT 16,•SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST, ACCORDING TO THE LAST GENERAL PLAT OF LANDS OF THE INDIAN RIVER FARMS COMPANY, FILED IN THE OFFICE OF CLERK OF THE CIRCUIT COURT OF ST. LUCIE COUNTY, FLORIDA, IN PLAT BOOK 23 AT PAGE 26; SAID LANDS NOW LYING AND BEING IN INDIAN RIVER COUNTY, FLORIDA, RUN WEST 45.00 FEET; THENCE RUN NORTH 00°44'45" EAST, A DISTANCE OF 404.82 FEET TO THE INTERSECTION WITH THE NORTHWEST BOUNDARY OF THE CLEAR ZONE SAID POINT BEING THE POINT OF BEGINNING; THENCE RUN NORTH 00044'45" EAST, A DISTANCE OF 1193.13 FEET TO A POINT OF CURVATURE; THENCE RUN NORTHWESTERLY, A DISTANCE OF 863.58 FEET ON THE ARC OF A CURVE, SAID CURVE BEING CONCAVE TO THE SOUTHWEST HAVING A RADIUS OF 11B66.00 FEET, A TANGENT OF 439.50 FEET, A CENTRAL ANGLE OF 26014157° TO A, POINT OF TANGENCY; THENCE RUN NORTH 25930'12" WEST, A DISTANCE OF 915.00 FEET TO A POINT OF CURVATURE; THENCE RUN A DISTANCE OF 221.41 FEET ON THE ARC OFA CURVE, SAID CURVE BEING CONCAVE TO THE NORTHEAST HAVING A RADIUS OF 1335.00 FEET, A TANGENT OF 111.18 FEET A CENTRAL ANGLE OF 0903117.6" THENCE RUN NORTH 89023'00" WEST A DISTANCE OF 3291.16 FEET T_0 THE_W..ESTL3_0_UNQABYDF TRACT e SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST; THENCE RUN SOUTH 00"11'00" WEST, A DISTANCE OF 2175.90 FEET ALONG THE WEST BOUNDARIES OF TRACTS 6 AND 1.1 TO THE SOUTHWEST CORNER OF TRACT 11; THENCE RUN SOUTH 89056'30" EAST, A DISTANCE OF 2666.00 FEET ALONG THE SOUTH BOUNDARIES OF TRACTS. 11 AND 10 TO THE SOUTHEAST CORNER OF TRACT 10: THENCE RUN SOUTH 00037115" WEST, A DISTANCE OF 1269.59 FEET ALONG THE WEST BOUNDARY OF SAID TRACT 16 TO A POINT WHICH IS 56.00 FEET NORTH OF.THI~ SOUTHWEST CORNER OF SAID TRACT 16; THENCE RUN EAST, A DISTANCE OF 978.96 FEET TO A POINT BEING THE INTERSECTION OF A LINE 65.00 FEET NORTH OF THE SOUTH BOUNDARY OF SAID TRACT 16 AND THE CLEAR ZONE; THENCE RUN NORTH 41°24'36" EAST, A DISTANCE OF 466.39 FEET ALONG THE CLEAR ZONE TO THE POINT OF BEGINNING. S.\P\O2.94AI3OUNDARYID6CSW2-94a_ROW-Acy.doc Page 2 of 3 Pogo 2 uP 6 THE ABOVE DESCRIBED RIGHT-OF-WAY ACQUISITION PARCELS TO BE SHORTENED OR PROLONGED TO MEET AT ALL ANGLE POINTS (CLEAR ZONE), TRACT AND BOUNDARY LINES. THE WESTERLY 40.00 FEET OF THE FOLLOWING DESCRIBED PARCEL: PARCEL 12 - THE NORTH 10 ACRES OF TRACT 12, SECTION 33, TOWNSHIP 32 SOUTH, RANGE 39 EAST, ACCORDING TO THE LAST GENERAL PLAT OF LANDS OF THE INDIAN RIVER FARMS COMPANY, FILED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF ST. LUCIE COUNTY, FLORIDA, IN PLAT BOOK 2, AT PAGE 26: SAID LANDS NOW LYING AND BEING IN INDIAN RIVER COUNTY, FLORIDA., ALL OF THE ABOVE PARCELS SUBJECT TO ALL RESTRICTIONS, RESERVATIONS, ABANDONMENT'S, EASEMENTS AND RIGHTS-OF-WAY OF RECORD (DESCRIPTIONS, BEARING CALLS AND PARCEL NUMBERS UTILIZED IN THE DESCRIPTIONS ABOVE FROM THE MAP OF SURVEY FOR SOUTHSTAR DEVELOPMENT PARTNERS, INC., PERFORMED BY MASTELLOR, MOILER & REED, INC., PROFESSIONAL SURVEYORS AND MAPPERS, LAND SURVEYING BUSINESS #4644, PROJECT NUMBER 51B6ALTA, SHEET 2 OF 9, DATED NOVEMBER 26,20C33 LATEST REVISION DATED MARCH 22, 2004. DAVID E. LUETHJE SIGNATURE DATE: FLORIDA LICENSE #6728 CARTER ASSOCIATES, INC., L.B. 205 9:1P\02 -94A BOUNOARYW OCS\92-94 n_ROW-Acq.doc Pkga 3 of 3 Page 3 of 6 Pngo 4 of 6 Page 5 of 6 �❑�p� W a gClClRia � � � G a TRAP PzdRRCfL 11 10 NOT lNe'L.L M 04 (q CD NAM Z MCRiIi N011uMpN Y I D IOTNABC.AOD11 sET NC 9TAWE9ID wH � IV= ram GMT &PIKE 19 M Y ' N00IPf1CATIM 40 88/,90 _ SEG 0. 2 0 4TAOnP/PwO Ill 440.4 0"...044 w 9 - �o6 n/w Aaalnvnox IZ 's°-" �m10i.. ro IiRRES N 7g �� Or �NIA!AL� 100"! 10 ACRES OF iR1.Cr 12} yi a Hg • a RIG AQUTA31911 31;927.01 s0. fi. p 0 a3 iR.4�T i2 PrIRC.EL 7 A 01E4� 12. M3 IIONIII 10 MOM) q L1 yP _ o nWi ACQUISITION OI he woad eA SEE SPIFFY 2 OF 3 C�jV7y 1_i psi f0UN0 1/2' ORION PIPE WS'QO'B ram U.9, IIAUT MONDI\FnT 119 NFNAAGTgI IN PfN1O1cA1roN r_ O..1B "st 0 OS a.s usr .00 y0.c I ' IRC pa STAY ED 4844 A 9 In 4' RAY AMOSIAON I. Bq vfw� 436 Ell P"CEL 8 OF TIVOr 133 e 2 0 ® 4Wm >,T� R/,T AQWMHQR 39.243.21 S0. R. ' 9 � P.D.D, cORnu wr 3$ ween• CgD9Efl CIIP 9 n/x ACQVI61T1Cx p,O.e. Kp d• •S A c e+'nafA b2A y 8 R d. �d 'yyK,,)i a wa Fi PET IIx AIN am A'AW2a_IU0 / WIM U) 4844 . 4444- \ 2 IAB 1207.19 Anw•m Imw N O' S FOUND i/2' IMI PIPE NO 19FxnnG%M b, Z5 IAETEB'AND BOUNDS' DESCRIPTION C� u Page 5 of 6 z eWMO ro E%NON"DI1 O PN 0 . 6a1'�'i�'U'i?erl - 121.90 CII - u1.78ppCH9CC-yap�6yy}}P,,0'!T{7 f wo CONGER NO?IWENT 0 - 9'01'17.6uRµ 110 D0 A - MAI N0 IDOIDMAIOR O CN 11 T•It. NLPG+Ii ap7FWy IMCIT 13 4 qF t R/W Awls10.9811 o0 60. n. cr we srN u N] 10N �cp�u1wInROw� vIe 0 GIe.Ta55.50 pIBO. N�RII'3]'03 j 0Oi r` 71I . K { F= 6-IOWA?�8 ?I ArOb A-601!0 t_ I F= N/W AcwI poN ^V1 _ 176' R/N ySEE ser wa [�lV SrANPEO lB {OA, ellT W Dzs x z s a 6,.T 4 I Rn� 6 126' R/W 9 U �b CR q PMCEL B lic enuNo NICIIER ugwunR HO IOEN191CAlION ,O,vy t 9JV 9 � R/YLAOU990H 44.91101 50. Ff. ti $ srnunT IRO Ian 0 3 OwliO mlenER 1101NNPli �' NO IOEII➢RCA11011 1 PIPE aM'%YiR4` , On'' sIwekwl 4 3 PARCEL 9 r" MUDIT I'D" I.ElIA NESERIPTON PARCEL 7: TRACT 12, SECTION 33, TMANSVP 32 SOVO4 RANGE 30 EAST, ACCORDING TO ME LAST GENERAL PLAT OF LANDS OF ME MOAN MLEA FINNS COUPAIY FACT NJ RR OFFICE OF THE CLETIN OF ME CIRCUIT COURT O Sl. LUCIE COUNTY, FLORIDA 01 PLAT DOUR 2, AT PACE 25: SAID LANDS 14OW LMHO MID OBRO IN INDIAN NI ER CWN1Y. ILORMA, LESS AND EXCEPT THE NORT11 10 ACRES OF SAN TRACT 12. FARM & MADE 13, SECTION 33. 701CM501'. 32 SOUTH, RANCE NO EAST, ACODUR)"0 TO TIE LAS ANIMAL PUT OF LANDS OF THE MIMI MIATI EARNS COJPANY, FILED RJ ME OFFICE OF ME CLERK OF THE CIRCUIT COURT OF ST. LUL'IE COUNTY, FLOWDA, W PLAY GEM 2, AT PACE = SAW LANDS ROW LYING AND BUNC IN INDIAN RIVER CWHW. FLORIDA. LESS RIEIIETROM TIE EAST 16 FEET OF TIE NEST 00 FEET AND TIE NORTH 50 FEET OF IME BOOM DO FEET AS COREYEG 70 MIMI FICE'R COUNTY IN DEED RECORDED 1N OFFICIAL RECM DS, 00M 1125, PAGE 12M PARCEL D. FROM IME SOURIEML CORNER OF MAC) 15, SECTION W. TMNSIRP 32 COVEN. RANGE 39 EASE, ACCORDING TO 111E LAST LEVR&. EPLAT W LANDS OF RHE INDIAN !OYER FARMS CO'APAW, MED W INE OFFICE OF CLERK OF ME CIRCUIT CWRI Of ST. LURE COWITY. FLCFUI W PUT BOOR 2, AT PAGE 26: SAID LARDS NARY LLMC AND BfMO DI RiMAN LAVER COMITY, FLORIDA, RUN VEST 1600 FEED TWICE fUN 0611711 OE"'18'EASL A DISTANCE of 404.02 FEET TO THE INTEIJSECHON 10M NNE MA T TMST DOUHOANY OF THE CLEAR 204E SAID POINT BEING TME POINT OF DEGMINO; HENCE RUN.NOBM 004eW EAST, A DISTANCE OF 11W.61 FEET TO A POINT OF CURVAiUREI MERLE RUN IIORTHMSTURY, A DISTANCE OF -DG3.53 FEEL ON TIE ARC OF A CURLS'.. SMD VENCE BEAR) CONCAVE 10 RIE SOIM AT HANINO A RADIUS OF I05DO CECT, A TAJNOUYT O 4210.50. FEET, A CENTRAL MIME OF 2E14'OT' TD A POINT O TANGENCY;. MME CNA IIOTMI 2MW12' NEST. A DISTANCE IY 015.00 FEET 10 A PORI OF WRVA7UREj THENCE RUN A DISTANCE.Of ]21.41 FEET W ME AND OF A CARVE. SAID CURVE BEING CWIOAYE 70 TIE NORTHEAST MAVNO'A.RAgUS OF 1315.00 FEET, A,TAIVENT OF 111.10 FEET A CENTRAL AI40V OF 02'41'17.6' MEIJCE DUN'NWM 802)'00'. REST A DISTANCE OF W51.15 FEET TO TME MST UDUIWARYOF MACY S. SECTION 33, TOAMSWP32 SWDI. RANUE 38 EAST; MME RUI1 SCUM 0011'0" DIST, A DISTANCE OF 21)&00 FLET ADVO ME MST BOUNDARIES OF MACIS B AND 11 TO 711E SDIIMREST. CORRFA OF TRACT 111 THENCE DUN SCUM BDW'3D' EAST, A DISTANCE or 266600 FEET ALONG TIE SWIM DOWIDARRS OF'IRA07S 11 AND 10 TO TIE SOUMFAST GORNET OF TRACT 10: THENCE DUN SOURI' 0tl711VAIIVST. A DISTANCE OF 1208.58 FEET ALONG TIE NEST BUUIDARY OF SAN MACY 16 TO 4 POINT RHICN 15 MOD FEET NORM OF 111E SMARMIEST OWNER W SAM MACY 1& HENCE AUH EAST, A DISTANCE OF 07606 FEET TO A POINT U21NM ME UMSECTIO14 2Of 011AA TO DIP 000'LT FENOR VIE BOOM DOUNDARY'OF SAID MACY 10 AND TIE CUM ZOIEJ HENCE RUN RORM 41'4'30' EAST. A DISTANCE OF 18639 FEET ALONG TIE CLEAR PARCEL 4O IT IE MST MATE DF THE EAST 20.52 ACRES M MALT 4 (LESS CMRALT AND ALSO TIE EAST NAi OF THE EAST 20.52 AWES OF TRACT 4 (LESS CADAJ, M SECTOR 33. TMMR IP 32 $OUTLOSE LCOUNTY, RW DA, IRAJIMIE 3D CAST, li PLAT 000% 2,ORDWO 70 E LAST T PAGE SEEMED;- SAM PLAT LINNY LYNGOF TAlto DOUG GIMJ N INDIAN fAMRR COUNTY. RM DAT 14 TIC omoE Of INE CLER% OF INE fJRCUIT COURT OF ST. PARCEL 111 I DIE EAST 20 ACRES OF TRACT 0 SECTION M, jUV.%5HP 32. SWM RANGE 30 EAST, ACCMDAM TO ME MST GENERAL PLAT Of LANDS OF TIE INDIAN TOYER FAMAS WLIPAIY, FRED IN TIE OFFICE OF ME CLERK OF A CIRCUIT CAVITY OF ST. LUCIE C60111Y. FLORIDA. IN PLAY DOW 2, AT PACE 251 SAID IACD HDTV LYWO AND BENIO W ONMAN RIVER )AUNTY FLIU MA. PARCEL Tll ME NORM ID AWES OF MAOI12, SECTION 33, TMMSWP 32 SOUDI, R04M 39 EASY, ACCORDING M MC EAST ODNRAL PLAT OF IANOS OF TIE INDIAN 10Y18 FA LIS CMJPAT1Y, MCC IN THE Of ICE OF ME CLERIC OF ME ORMIT COURT OF ST. LURE COUNTY, RWIOA. IN PIAT BOON 2. AT PACE 254 SARI LANDS NOR LINO AID REDID IN INDIAN JAWH COUNTY, FLORIDA. ASO DELYG DF50THIED AS FORUM OCAM A PART OF MACH, 4. A 6 7 B, 0, 10. 11, 12, 13 AND 10 OF 6ECT0 M. 10OTSRIP 32 SOU RAUSE .TB EAST ACWRWIO TO INE LAST GENERAL PLAT OF LANDS OF TIC INDIAN RIVER FARMS CONPANY SUWARON, ILEO IN ME OFFICE OF THE CIFAN OF COURT "a ST. E COUNTY, RMIIOA 04 PLATNDOX 2 PAGE 25. SMD LANDS AOI'; LINO ND BEING IN DIW,N RATER COUNTY. FLWNA SEND) MORE FULLY DESCNDED AS FMLOMI COMUEIIANG AT ME SWMNYST CORNEA OF SAID SEOW4,331 TWICE 1431T1'30Y A DISTANCE OF 1CM03 FEET' TO RIR-0IIDRSEEIIM OF THE EAST MONT OF YMY UNE W. COINAVENUE AND 111C NORMRIONT a AMY DME OF 26111 STREET. SAID PONT BbIJG'DOE -POINT OF DEGIMMI1 TWICE ALWO SAW EAST MOLT OF WAY UAE, NDDTOOTE, A DISTANCE O'1,216DI FEET TO THE NORM LINE:OF SOD TRACT. 131 RIFNCE ALONGANDEAST 014HT OF 1'MY MU OF GUM AVEIIUE AND THE NORM LAIC OF SAID MACY 13.' NBB'43'30'L1 A TARIM& OF Of 30.10 FEET TO DISTANCE OF 1.20: IIDN INC LT1DM OF 221.06 MET; HENCE S25T0'33'E, A DISTANCE OF 814.93 FEET ' OF 1,0060 FEET AND AN MO LENOM OF 063.07 FEET; 'HENCE-SOIJ%5:2r% A CP 460.62 MET TO THE NORMAICNT OF WAY UNE OF NSM STRUM THENCE Al. TIE MESE MILE OF SAID TRACT 12; THRICE ALOIS, ME NEST UNE OF SAID WE ADID ME SWM UNE OF SAID MALTS 10 ARID 11, NOU'44'46'% A DISTANCE IN TRACT 13. SOORYO'W, A DISTANCE OF 1,244.60 FEET TO TIE NORTH MCAT OF I 11B052'14W, A DISTANCE OF 1,W.10'FEET TO ME POINT OF DEGOOA D. CONTAINING 14,600,007 SWARF FEET OR 336,73 ACRES, IJOnE OR LESS, OF HI13R:a M OF SAO BABCONL CANAL A -B, 500'41'61'E, A DISTANCE OF ; A DISTANCE OF 1gTL00 FEET TWICE 500T730'E, A.DISTANCE RM AWIREt MMDE ME FOLLDYJNC CALLS ALONG TIE IBEST N'E HAVING A DELTA OF DO'31'33'A RADIUS OF 1,33600 FEET AN . CARVE 10 RIE RIGHT MNNO A DELTA of 2014'OP &RADIUS ANNA SAD NEST RICHT OF YIAY LAIC, S41`42'17'1 A MIA14M SMD 2DM STREET. NBO4d'31'IV. A DISTANCE OF AMd FPFY in NORTHEAST COMER OF SAM MALT ED MENGE ALONG TIE EAS SKEET, 111FNU AMID SAO -NORIA RNIB OF IYAY NILE OF SAO E3111113IT "E" 26TH STREET ROADWAY WIDENING (58TH AVENI3E TO 43" AVENUE) ENGINEER'S OPINION OF PROBABLE COSTS Based on comparative analysis performed by Kenley -Horn. & Associates, Inc. for 30% Complete Construction ]?tans for Aviation Boulevard Segment between US Highway 1 and 43d Avenue m Earthwork $ 436,000 e Paving $ 2,324,057 ® Curbing $ 280,118 a Drainage $ 771,815 m Sidewalks $ 1929500 ® Striping/Signage $ 763667 m Sigualization $ 2253000 o Landscape ( Irrigation $ 443,750 a Ilardscape $ 650,000 a- Lighting $ 387,500 m ]Miscellaneous (Mobilization, Maint. Traffic, Elect., etc.) t$'13212)500 • Engineering/Surveying 53Z,595 Sub=Total $ 628373802 o Contingencies (10%) ' 683,780 TOTAL $ 71521,582