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HomeMy WebLinkAbout2014-151A TRUE COPY CERTIFICATION ON LAST PAGE 13 ,1\ J.R. SMITH, CLERK l0-7201 if - Zoe Z. MUTUAL LIMITED RELEASE amp tL THIS MUTUAL LIMITED RELEASE is made and entered into by Hometown l America, LLC ("Hometown"), MHC Village Green, LLC ("MHC") and Indian River County ("the County"). WHEREAS, Wilder Corporation ("Wilder") owned a parcel of real property located in Indian River County, Florida (the "Property"), on which it operated a mobile home park known as Village Green; and WHEREAS, as a water and wastewater customer of the County utility system. Wilder was obligated to pay impact fees of one Equivalent Residential Unit ("ERU") for water and one ERU for sewer (collectively, the "Water and Sewer Impact Fee Obligations") for each of the 782 mobile home pads and the 24 common areas for a total of 806 ERUs in Village Green; and WHEREAS, the County and Wilder entered into an agreement (the "Impact Fee Agreement") which set up a plan, in which payment of the Water and Sewer Impact Fee Obligations for a mobile home pad was to be made at the time of sale or resale of a unit within Village Green; and WHEREAS, Wilder conveyed the Property to CWS Communities. LP ("CWS"), an affiliated entity of Hometown; and WHEREAS, CWS conveyed the Property to MHC and, in connection therewith. Hometown agreed to assume all liability to pay the Water and Sewer Impact Fee Obligations; and Page 1 of 5 A TRUE COPY CERTIFICATION ON LAST PAGE J.R. SMITH, CLERK WHEREAS, the County and Hometown agreed that at least 598 residential ERUs had been paid; and WHEREAS, the County contended that payment for 184 residential ERUs and 24 common area ERUs were due and payable; and WHEREAS. Hometown contended that it was not obligated to pay the additional 184 residential ERUs and 24 common area ERUs (the "Contested ERUs"); and WHEREAS, the County filed an action for damages against Hometown and MHC, for payment of the Contested ERUs (the "Lawsuit"); and WHEREAS, on September 17. 2014, the County and Hometown attended a mediation at which they resolved the Contested ERUs, which was evidenced by a Mediated Settlement Agreement. in which they agreed to execute this Mutual Limited Release. NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and the mutual promises herein, MHC. Hometown and the County hereby mutually release, acquit, satisfy. and forever discharge each other, their respective agents, principals, servants. employees, affiliates, successors in interest, assigns and any subsequent owners of Village Green of and from all manner of action and actions, cause and causes of actions, suits, specialties. covenants, contracts. controversies, agreements, promises, variances, trespasses, damages, judgments. executions, claims, and demands whatsoever, in law or in equity, which any of them ever had or now has against one another, for. upon, or by reason of any matter, cause, or thing Page 2 of 5 A TRUE COPY CERTIFICATION ON LAST PAGE J.R. SMITH, CLERK whatsoever from the beginning of the world to the day of these presents arising out of or relating to liability for the Water and Sewer Impact Fee Obligations for all 806 ERUs in Village Green, which includes the Contested ERUs, of which 782 are residential ERUs and 24 are common area ERUs. STATE OF COUNTY OF Hometown America, L.L.C. By: Its: The foregoing instrument was acknowledged before me this day of , 2014, by , as of Hometown America, L.L.C., on behalf of the corporation, ( who is personally known to me or ( ) who has produced as identification. sign print Notary Public My commission expires: Page 3 of 5 STATE OF COUNTY OF COPY Erii,FICATION ON LAST PAGE J.R. SMITH, CLERK MHC Village Green, LLC By: Its: The foregoing instrument was acknowledged before me this day of , 2014, by , as of MHC Village Green, LLC, on behalf of the corporation, ( ) who is personally known to me or ( ) who has produced as identification. sign print Notary Public My commission expires: Page 4 of 5 APPROVED AS TO FORM AND LEGAL SUFFICIENCY BY•! DYLAN REINGOLD COUNTY ATTORNEY STATE OF FLORIDA COUNTY OF INDIAN RIVER Indian River County By: Its: BCC approved: 10/7/14 Attest Jeffrey R. Smith, Clerk of Circuit • j and Comptroll The foregoing instrument was acknowledged before me this 7 day of October 2014, by Peter D. OBryan as Chairman of Indian River County, on behalf of the County, ( x) who is personally known to me or ( ) who has produced as identification. STATE OF FLORIDA INDIAN RIVER COUNTY THIS IS TO CERTIFY THAT, A TRUE AND CORRECT PY THE ORIGINAL ON FIL•f' OFFICE. F',I IT\08 121\Settlement\MutualLtdRel docx sign print Notary Public My commission expires: `;."•�Z! LAURA E. VASQUEZ MY COMMISSION t EE 123140 EXPIRES: August 18, 2015 Bonded Theo Budget Maly Services 14.QF FAV' Page 5 of 5