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HomeMy WebLinkAbout2020-218ATHIS INSTRUMENT PREPARED BY: Charles W. Edgar, III, Esquire Cherry, Edgar & Smith, P.A. 8409 N. Military Trail, Suite 123 Palm Beach Gardens, Florida 33410 DEVELOPER'S AGREEMENT BETWEEN INDIAN RIVER COUNTY AND GRBK GHO HIGH POINTE, LLC THIS DEVELOPER'S AGREEMENT ("Agreement") is made and entered into this 13th day of October , 2020, by and between INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida, 180127 111 Street, Vero Beach, FL 32960 ("County") and GRBK GHO HIGH POINTE, LLC, a Florida limited liability company, 590 NW Mercantile Place, Port St. Lucie, FL 34960 ("Developer"). WITNESSETH: WHEREAS, Developer proposes to develop a single family home subdivision located on South Winter Beach Road (65th Street) in Indian River County, Florida, to be known as "High Pointe", on real property legally described as follows: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. WHEREAS, the County and the Developer share mutual goals and have determined that they can assist each other with respect to certain intersection improvements described herein and required as a condition of the County's approval of the High Pointe development;.and WHEREAS, the County and the Developer desire to enter into this Agreement to set forth the terms and conditions to which they have agreed with respect to the matters contained herein; NOW, THEREFORE, for and in consideration of these premises, Ten Dollars ($10.00), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the County and the Developer do hereby covenant, stipulate, and agree as follows: 1. Recitals: The foregoing recitals are incorporated as if fully restated herein. 2. Intersection Improvements: The Developer shall contribute to the County Developer's share of the cost of the ultimate build -out of the following intersection improvements (a) 58th Avenue and 491h Street: $49,480.58, representing a 1.9% share and (b) 581h Avenue and 65th Street: $158,262.82, representing a 19.6% share. County acknowledges that the contributions above satisfy the Developer's entire C:\USERS\BDEBRAAL\APPDATA\LOCAL\MICROSOF'nWINDOWS\INETCACHE\CONTENT.OUTLOOK\EXQWFHBMUUGH POINT DEVELOPERS AGREEMENT 200916.DOCX obligation with respect to off-site intersection improvements through build -out of High Pointe, except to the extent that additional property or units may be added to High Point in the future. The County shall not withhold any approval or permit, nor shall it deny concurrency, because of the condition or state of any intersection in the County as long as the Developer is in compliance with this Developer's Agreement. 3. Miscellaneous: A. In the event of any litigation arising out of this Agreement, the prevailing parry shall recover attorneys' fees and costs from the non -prevailing party. B. 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. C. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their successors, and assigns. D. This Agreement contains the entire agreement and understanding between the parties. No representation, statement, recital, undertaking, or promise not specifically set forth herein shall be binding on any parties hereto. This Agreement shall not be effective unless signed by the Developer and the County. E. The obligations of the Developer to this Agreement are expressly conditioned upon the Developer's decision, at the Developer's sole discretion, to proceed with the development of High Pointe. F. No Building Permit, Certificate of Completion, or Certificate of Occupancy shall be withheld or delayed by the County for High Pointe or any portion thereof, nor shall the County delay or withhold any other required permits, provided that the Developer is in compliance with this Agreement, all applicable laws and regulations. G. Except as described herein, and in the plans submitted by the Developer and approved by the County, the County shall not require the Developer to construct, contribute to, or share in the costs of any off-site improvements other than the payment of impact fees. H. This Agreement and 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. I. 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 2 be no canon of construction for or against any party by reason of the physical preparation of this Agreement. J. 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. K. The County and the 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 the terms and conditions hereof and comply with the express intention of this Agreement. L. 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. M. 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. N. The words herein and hereof and words of similar import, without referenced 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. O. In the event any term, conditions, 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. (Execution Pages Follow) 3 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. Signed, sealed and delivered BOARD OF COUNTY CO MIS in the presence of : INDIAN RIVER COUN , F *ASu�san Pri t N e: W k I dams, Chair kf*" Print Name:--? imberly K. Moirano Appro By: CA Jason Br wn, County Administrator Approved as to Form and Legal Sufficiency BCC Approved: October 13, 2020 William K. DeBraal, Deputy -county Attorney STATE OF FLORIDA COUNTY OF INDIAN RIVER Attest: Jeffrey R. Smith, Clerk of Court and Comptroller By: Deputy Clerk The foregoing instrument was acknowledged before me by means of ❑ physical presence or ❑ online notarization, this 19 day of November , 2020, by Susan Adams, as Chair of the Board of County Commissioners, whg is personally known to me or who produced as identification. (Notary Seal QftmyKMOW ;.: MY COMMISSION / OG .' ;rte+ ray; E�IRES:Apr# s. • :• BorMedThwNderyR' :e..,�cars 11 -e�l k. a Print Nam imberly K. Moirano My Commission Expires: P,r; 1 q� ao.3 My Commission #GG 321696r Signed, sealed and delivered in the presence of: STATE OF FLORIDA COUNTY OF ST. LUCIE GRBK GHO HIGH POINTE, LLC, a Florida limite i li ility company By: Wi iam . Handler, Manager The foregoing instrument was acknowledged before me by means of /physical presence or ❑ online notarization, this � day of N o e m bCr , 2020, by William N. Handler, as Manager of GRBK GHO High Pointe, LLC, a Florida limited liability company, who is personally known to me or who has produced as identification. _ (Notary Seal) Print Narhe:_k;�rj,,;� jCn —j) 1 XOI'1 °YP KR157EN DIXON My Commission Expires: U g . 2 dZ, ;tot eGn MY COMMISSION #GG115559 EXPIRES: JUN 18, 2021 Bonded through 1st State Insurance �1 I Chicago Tithe Inst mice Conipatiq Order No.: 6702862 17-11-2252 EXHIBIT "A" PARCEL 1: Tract 1, in the South 1/2 of Section 9, Township 32 South, Range 39 East, according to the last general plat of lands of the Indian River Farms Company Subdivision as recorded in Plat Book 2, page 25, of the Public Records of St. Lucie County, Florida; said land now lying and being in Indian River County, Florida, less and except those parcels conveyed In Official Records Book 152, page 559; Official Records Book 189, page 419 and Official Records Book 540, page 691 as re-recorded in Official Records Book 541, page 28, all of the Public Records of Indian River County, Florida, PARCEL 2: The West 1/2 of the Northwest 1/4 of the Southwest 1/4 of Section 10, Township 32 South, Range 39 East, less parcel described in Official Records Book 143, page 296, of the Public Records of Indian River County, Florida; said land lying and being in Indian River County, Florida. PARCEL 3: The Southwest 1/4 of the Southeast 1/4 of Section 10, Township 32 South, Range 39 East, lying West of the Florida East Coast Railroad right of way; said land lying and being in Indian River County, Florida. PARCEL 4. ------- The Southwest 1/4 of the Southwest 1/4 of Section 10, Township 32 South, Range 39 East, lying East of Lateral "G" canal; said land lying and being in Indian River County, Florida. PARCEL 5: The Southeast 1/4 of the Southwest 1/4 of Section 10, Township 32 South, Range 39 East; said land lying and being in Indian River County, Florida. PARCEL 6: Begin at the Southwest corner of the Northwest 1/4 of the Southeast 1/4 of Section 10, Township 32 South, Range 39 East and run East 469.00 feet to the West right of way of Florida East Coast Railroad; thence run Northerly along said right of way 862.00 feet; thence run West 248.00 feet; thence run South 825.00 feet to the Point of Beginning, all lying and being In Section 10, Township 32 South, Range 39 East, Indian River County, Florida. PARCEL 7: That part lying West of the Florida East Coast Railroad Right of Way of the North 5 acres of the South 30 acres of the Northwest 1/4 of the Southeast 1/4 of Section 10, Township 32 South, Range 39 East, lying and being in Indian River County, Florida. PARCEL 8: That part of Tract 32, in the South 1/2 of Section 9, Township 32 South, Range 39 East, according to the last general plat of lands of the Indian River Farms Company Subdivision, as recorded in Plat Book 2, page 25, of the Public Records of St. Lucie County, Florida; said land now lying and being in Indian River County, Florida, lying East of the Lateral "G" Canal. PARCEL 9: This page is only a part of a 2016 ALTA Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; 7 of 8 Schedule B, Part l - Requirements; and Schedule B, Part it - Exceptions C165Co9 ALTA Commitment (8/112016) (with FL Modifications) Order No.: 6702862 17-11-2252 Exhibit "A" continued All that part of the Northeast 1/4 of the Southwest 1/4 of Section 10, Township 32 South, Range 39 East, lying in Indian River County, Florida, less and excepting the North 640 feet of the West 390 feet thereof, and, less and excepting the following described parcel: From the center of Section 10, Township 32 South, Range 39 East, run South along the center line of said Section 10, a distance of 40 feet to the South right of way of South Winer Beach Road (State Road S-632) and point of beginning; thence from said Point of Beginning run West on said South right of way a distance of 740.4 feet; thence run South and parallel with the center line of said Section 10 a distance of 300 feet to the North right of way of a railroad side tract easement; thence East along said North right of way of the railroad side track easement 740.4 feet, more or less, to the point of intersection with said North-South center line of Section 10; thence run North along the center line of said Section 10, a distance of 306.61 feet, more or less, to the Point of Beginning, (less and excepted parcels as described in Official Records Book 397, page 930; Official Records Book 408, page 186; Official Records Book 408, page 189; Official Records iBook 542, page 554 and Official Records Book 1213, page 2122, Public Records of Indian River County, Florida.) Copyright American Land Title Association. All rights reserved. ,�M „ The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. Ail other uses are prohibited. Reprinted under license from the American Land Title ,. Association. ALTA Commitment (6-17-06) Page 8 of 8