LEGAL APPROVAL
....;
/'~ITY of
,_BOYNTON BEACH
~1
.
.'"
.
,200 N. Seacrest Blvd.
Post Office Box 310
Boynton Bea~h, FL 33435
(305) 738-7490
OFFICE OF THE PLANNING DIRECTOR
--.. . .:~ ~
L.- .--..'- .-. --.. - -- ';"'''.'''''1' .,.
:~L~-~~g__~___-=:_~ . ~'lJJ:: _' ,,;",
. ...::....;;---' -,._-,. -=: ....n:lt.~' ~" '-~
,);.... ..lIf~.:.'~~??~~~_~;~ T'"r::;u I~ Ii . .." ,:":r'~
~~''';'~::;;..~ ~-'r-~.e: ",,' ,.~..'.tiJ~!~~ ":r'-'" ;4~_
..~~~~..~~ ~....." .
-.. .... -' - .. .. '" . -_....". .. - ~ ..
.' - ..
~~""
.:....... ---'
February 2, 1988
Kieran J. Kilday
Kilday & Associates
1551 Forum Place
Suite 100A
West Palm Beach, Fl 33401
..
Re: Woolbright Professional Center Site Plan . i
Dear Mr. Kilday:
Please be advised that on Tuesday, January 19; 1988, the City
commission approve~ the referenced request, sUbject to staff
qomments, copies of which are attached. Additionally, the
Commission has stipulated that the trees be fifteen (l5) feet on
center on the west and south property lines.
This site plan was approved subject to your compliance with the
attached stipulations. After you have amended your plans to
reflect these stipulations, please have the appropriate
Department Heads initial the attached check-off sheet prior to
your submission to the Building Department for permits.
The approval of the City entitles you to construct only the
improvements shown on the site plan. The site plan will be
viewed procedurally as an as-built or record drawing.
If you have any questions concerning this matter, please do not
hesitate to contact me.
Yours very truly,
CITY OF BOYNTON BEACH ,
eel
J'~
CSA:ro
Attachments
cc City Manager
Technical Review Board
Central File
CARMEN S. ANNUNZIATO, AICP
PLANNING DIRECTOR
/'
.;,~
~
-.
\
Ij
MEMORANDUM
June 21, 1989
TO:
Carmen S. Annunziato
Planning Director
FROM:
James J. Golden
Senior City Planner
RE:
Woolbright Professional Center, -
Development Order Time 'Extension
Please be advised'that on' Tu~sd~y~ Janua~y17,' 1989" the
City Commission granted 'a. requ~st 'for a.' six: month time
extension from 'January 19 ;'l989,. 'to July ,19, '1989 :( see'
attached correspondence)~ : Th~'~uirent re~~~st would
extend the approval until. Janua~y' 19;1990. With respect
to the above, it is recommended 'that the additional
extension be granted.
~ ? ~~
(jJames( J. Golden
JJG:cp
Enc.
~
~, ,....,.' ,-' "..,--[2-.' ,~...'-',.
'," ".' -
:^.: ,~,;" .... .- ' "
. .'
, .
, /'\. j .'
",,~ . /,' -'
~
Kilday & Associates
Landscape Architects/Planners
1551 Forum Place
Suite 100A
West Palm Beach, Florida 33401
(407) 689-5522 · Fax: (407) 689-2592
\.Tune 15, 1989
Mr. Cal~en Annunziato, Director
Planning Deportment
PO Box 310
Boynton Beach, FL 33425
Re: Woolbright, Professional Center
Dear Carmen,
We hereby request: a six (6) month time extension on the
Site Plan and Zoning approval issued for the Woolbright
Professi.onal Center.
This extension is required due to the nature of the use
and the fact that our client does not have a tenant
signed. Medical uses are typically customized to the
specific type of medical use (i.e. dentist, podiatrist"
cardiologist etc.).
Mr. Jingoli feels that to avoid a vacant building and
to be able to customize the space, he needs si.gned
tenRnts prior ~o construction.
Based on the above, we respectfully re~lest a six month
extension. We appreciate your consideration and if any
further information is re~lired, please feel free to
call me. .
Very truly yours,
~ \J,. a,~\
Brenda H. Arnold
RECEIVED
cc: File 734.1
Mr. Joe Jingoli
JUN 20 1989
PLANNING DEPT.
-
~
.:;~
-J"
Florida 33425-03l0
(407,) 738-7i19'O
OFFICE OF THE PLANNING DIRECTOR
-
CITY of
BOYNTON BEACH
Beach Blvd.
January 18, 1989
, .
Mrs. Brenda H. Arnold
Kilday and Associates
1551 Forum Place
Building 100
West Palm Beach, FL 33401
Re: Woolbright Professional Center
Zoning and Site Plan Approval Time Extension
j'
Dear Mrs. Arnold:
Please be advised that on Tuesday, January l7, 1989, the City
Commission granted your request for a six-month time extension.
Specifically, the site plan approval which ,expires on January 19,
1989 is extended to July 19, 1989, and the zoning approval which
expires on May l7, 1989 is also extended to July 19, 1989. ,
I
I I,.
If you have any questions concerning this matter, please do not
hesitate to contact ,me.
Very truly yours,
CITY OF BOYNTON BEACH
~__J~
CARMEN S. ANNUNZIATO, AICP
PLANNING DIRECTOR .'
CSA:ro
cc City Manager
Building Official
Central File
~'7"
--:', · JAN 04 '89 16:10 JINGOLI&SON N,J.
P,:3
A '
JOSEPH JINGOLI & SON, INC.
ContractlWs
j I
3131 Princeton Pike
Building #4. Suite 209
Lawrenceville, New ;:fj~ ~
(609) 896.31J......
/ I . )
.' /'''' .
"./f; tJ'.'_^
/ I II .'
<,. ,J Cf' "
, January4,.1989
~j'y r'
;.t.
./
j
I
\
Mr. Carmen Annunziato
City Planner
City of Boynton Beach
Boynton Beach, FL
; f./"'-
v
.; 4.1 :
,../..- , .
//'
'....
.{/
Re: Site Plan and Zoning Approval
Woolbright Office Center
Dear Mr. Annunziato:
We hereby request a six (6), month extension on the Site Plan and Zoning
Approval issued for Woolbright Office Center.
r
l
This extension is required due to the delay in obtaining various permits.'
The Department of Environm~ntal Regulation issued th~, required permit on,
November 30, 1 988. W~~ ar~e in,. the process of obtainin'g:a ~'ontractor to construct' ,
the seawall, at which p'o'int', Th~ Lake Worth Drainage District wilt' release 'their ,-
. c:t .'J-:;'" ,.:
permit. , _.',
.. ...
Based on, the above, we respectfully request a six (6) month extension.
We appreciate your consideration and if any further information Is required,
please advise.
JRJ:lh
c
-~;
'\
r ,.\
~s-
,
-_._-
~- --.
-
,.-,~ ...
MEMORANDUM
December 1, 1987
TO: KILDAY AND ASSOCIATES
FROM: PLANNING DEPT.
RE: WOOLBRIGHT PROFESSIONAL CENTER
1. As per previous correspondence from the County Traffic
Engineer, as well as a recommendation from the Planning
Department, the west driveway should be aligned with the
existing median opening on Woolbright Road, and the median
should be reconstructed to provide for a westbound left
turn stacking lane.
2. It is recommended that the dumpster be relocated away from
the existing homes to the greatest extent possible.
3. The setback adjacent to the residential zoning must be
thirty (30) feet.
4. The note on the site plan concerning building height
should be clarified to differentiate between building height
and parapet height.
5. A note should be placed on the lighting plan that indicates
that the lighting is to be directed away from the abutting
residences.
6. The Comprehensive Plan requires the removal of all exotics
in connection with site development. '
7. Provide cross-section on buffer wall and dumpster enclosure
detail.
8. Provide cross-section of canal, including proposed
treatment.
9. The proposed drainage scheme is inconsistent with
Comprehensive Plan requirements.
e;;)~
II,
.
.1_.. . t ''''
-2-
10. The Planning Department is recommending that canopy trees
be planted 20 O.C. and seventeen (17) feet in height at time
of planting along the south and west property boundaries.
11. The Comprehensive Plan requires energy efficient site
lighting (sodium types or metal halide).
12. Building square footage to be limited to 26,550 Gross Floor
Area consistent with approved traffic report in connection
with rezoning.
A I' r;" /}
~~t:~ 1/' /JJ.c-4..._
JAMES J i GOLDEN
.... ,
JJG:ro
~;;
1'1
'1
I
I
. . ,., ,... '__._.__ ....,.. Yoo!.-fJ /~:r~ If- T PRo F f3 S5 :JoN A-L CEAlTEP
_.. ~.~, /.. N9..TYf:rcltL,.. FLCP~R,.PtA-Y,(5~~(}(N'.~A/ skr~..PLk!!: J..., ,
, . . '}J~-'- -"".... --_. ...., ..-... .. .. ..... --. """--" ,,- ... ,.. ..... ..,.....'.... - ....- .... ,..-".. ,.. -'" , .. ....... -..-"....-- '.."
.pC. ,. (t):'I5"to.p..J1 Wkit:f<-.!<0-JfQFP F~~!t !).ltvpl),,_~R-f3Jrs:or::... ..
.... ___..........._::1 rttf5.p*Kf;:r;1/~ ..[,o.rlt F'-s.T.FLJ? tV.. o..V~R. ,A-..~R_!1--sSj:{)
. ..__ ,_. '.. _....'d.....' It-R-EJr"PR f9R.T9.,f)FS()fJrRkE fA!Tb --'+~-.r /litE: L.....,
I
....,,_.. ,..--....5 T/(.,ucTu.;<E....,._ .. ...-.. - ..,,,.-..,.....,--.........., ..... -' ",,"'... ", "'-
i
....... , .................-,1, ..,_..., ,.., -,_".,..,.. ......m.........._.______...............,.,,'........... -...,........,_..,... ."........ .__"....,......'_,_...,..., ,,,...,..._...,,
.. 10 l\}=-li . (!II! /'r-C_CR"'.$ $ ~ s.f5.cr-l:pJ..LcO[ojtJ _ _ _,U__ _ _ ... uw ...
... _. ._ _.. . '_~'_"""""'~_"'_" . ...__.'l._.._~._,_~__._,__. ___"_"'___'_.__'_4 .._._&.._..~_.___.'...._._..._.......___._._....._____..___.u__._._..__,."_~__ _".' ._~.._ ._,_.. _. ._~_"~" ..,_.... ,......~_._~..__
.. . .......0 .~~~ t....,-~,/tkV~, k~_v.:~/y.crt~_(k.,!?~,8;[IJ,E,T~~ .. {!t:!!!/5..fC -A-PT .11(.,... _, .__,..
...., .',..., _......__........! I, _((.&A'{~ t.'0-~Q..I~P-!..c.,.)'-/z.!./tr)_" ... ...., _ _.. _,_.,__.__.._.___.. ,_" ._.._ ""_"'___"00__"__,,__
,--....."... '-_._~ (,:.:'..'-....-r- -'--" -..,-.-.........- ---..------. -' .. --........-, '....--.:=.. .-.-...-'....='..--- H__ ---~' '.""-- .""....-. -.'''' ..., --~. . , ...',.. -"..-, ...,.. '..... '''' ,.
..--5( V......S!._: ,. .1?f.,tLE_L~..P.Eg_.T..Q_[.O !(s.J.!?-,~/--J..__..~/r5.J.j5~LC,{!!JL !<-J:~ff:r..T<<R y
. ------ -.- f- - n . - . .J5.Ji!r:. ~r.t:)B. 80f fr~fJ.P.IY- E..w. !c'f5: Ph:.r-o._ .n_.
',..........___........... _~ ,CiCJ.o..,ct3/?..:[-j;..Jt:T._R.2. kD -'_.__..__....._..___._,....."......_............___ .._ _.____ '.." , .. ___""_' ,.
I
, .."....,.. -. :''', '.',\ ,.,~._.._. ...-.'''t..--..'..- ,__._'.mH. ---.----Cc--;-r-J-.-...----'-.O -----.....'--'0.. -..r.....- ('.."---. --... . ""7"""-'" ..
..-?-l JJ G:. '., I 1._" ~ "'- .-n~ '-. (}!e \.A(~..!.'.:J I.t. ..R ,- -' A- - k' .....{nl.S -'Y'<." c. ~'C 7- .
. . __ .. -_::~ ["JLA.nr.'x J n k ft"", .I '.~c:' L L ,,-I 11.0 'nd..", f . 7. -_.-
I
. .~.?~(8l.i.~': .hfl;;-;,::r;':j --;.~~~: ~1-:.- ~r. < nLL~" i-L '- v-'_~ ,-C;{i ~ -.~. v-Jo<-
.d~..~~~:=j{~~ ~~~_L1 :~:~~! 1~=~ ~ ~c,~~. ~~c:~.; ~ ~c ~~ _e J .<~~~::~:.:c, ~(~ :_:..
.. ...........,__,__'6. ~-""r ,J{.f:..,,(C!.J<~Jl.CE~...Oj_...r;~O_~j!9f3:5 ,A.t~ f_jf!rYf3.F., H!.._cq,v~g!t4~_~.
I
,t',/" I
_. .. .-... -.. "~l}.V "~''''T ---" ....-.... ... ...._... ,......,. ._u, ' ..' ........ -"'" ...... --,...- --. "-'-"-'---""~'''-- ...... ,..-....,.. ..... , -- ... ..- ..., - ,_. -.... ,....-....-
, I' ,....,..~ o.~ ." 1_~.. .__~~. ?9..1!_~~:r. T E.. T I< It- r P + ~..E L c/o (,yf l A' Ai ../? /3.{J, ,0~ IC ~ L):./,__-PY??-01?..r:/I! (,.
f'" ....1IL~' 'i /Jcel?o"tV... - .5- TR. T(J:{:JV( .hJ.//)fA:-v!3-}u~kr./! A-~/:-I#t0. . .
"~O~~~~ J ._. _._... ~. _ _....'.
,....~_.J..C?:..~I,CR-!r~~)J,t~r=. .", _.. 'P'''''''''
I' "'_. - -- ~."
I
II
! I
t:J~
, ~
, ----
--'
.
"
p ^. 'J' N HitS 11 1 l' ^ U Jt H H M H ~
'rJllS AGltEEMEN'r, entcl'cd Into this duy of
BETWEEN, JOSllPlI R. JINGOLI of 5 'l'wining Lalle, Wesl 'l'l'enlon,
New Jersey 08628 and FRANCES W. JINGOLI, or 5 'l'winlng LUlie, Wesl 'l'l'enlon, New
Jersey 08628 and JOSEPH R. JINOOLl, JIl. of 5 'I'wining Lune, Wcsl 'l'l'cnlon, New
Jorsey 08G28 and STACEY A. MAHKOWl'1'Z of 45 Viburmun Coul'l, Lowl'eneeville, New
Jersey 08648 and lOMlJEHLY JINGOLI of 5 'l'wining Lone, West '1'relllon, New Jel'soy
08628 and MICHAEL JINGOLI or' 5 'l'wining Lune, West '1'I'eI11011, New Jel'sey U8628:
W J '1' N E S S II '1' 11 :
All'l'ICLH I
Creation, PUl'pose, UUI'ulloll ,
Section 1.0 1. Formation
(u) The above numed pOl'sons (lho'''Pur1nol'slt) hOl'eby cnlor hllo u
partnership (the "Parlnership") [or the pUt'poses set {ol'th in this ugl'eemenl. The
Parlnel'ship shall be a general purtnel'ship govel'ned by the Unifol'm }lurlnel'ship Acl
of the Slale or New Jcrsey, us fl'OIll tilllo to Ullle ulllolldelJ. 'l'ho LJusilloss or lhe.
Partnership shull be conducted undel' the nume of WOOLDlUGU'l' PllOFESSIONAL
CENTElt.
(b) Concurrently with the execution of this agreelllent, lhe PU1'tnel's
shall execute and' aclmowledgo a Fictitious Business Nallle Statement and cause the
same to LJ,e published and rUed in accol'dunce wilh tho Slalules of New Jel'sey. . The
Purtners shall execute, acknowledge, rile and i'ecord all such amendments and suid
statements as may be l'equired by this agreement, or amendments therelo, or by luw.
(c) '1'he principal office of the Partnel'ship shull be locuted III 3131
1'1'Ince1on Pike, Lawrenceville, New, Jersey. '1'he pl'incipul office may at any lime be
, changed by the agl'eelllent of Partners.
.
.
Section 1.02. PUl'pose
The purpose,s for which th~' Purtnel'ship is formed und the business
of the partnership shall be to invest in the real pl'operty described in Exhibit "A" hereto
(the "Pl'operly"), for long-tel'm growth. Nothing in this Agl'eement shall be deomed
to restrict in any way the fl'eedom of any pal'ty hm'eto to limitulionJ the acquisitionJ
development and exploitation of reul pl'opel'ty, without any accountability to the
Partnership or any PU1't hel'eto, ,even if such business or uctivity dlt'eclly competes wilh
the business of the Pm'tnership, llnd no party her~~o shall have any intel'est in any C?lher
business or activity by virtue of this Partnership.
Section 1.03. 'ferm
Unless sooner terminated, in accordunce with the pl'ovisions of AU'1'lCLE
IV, the Partnership shall terminute and end on June 1, 207U or at any eal'liel' date on
.,. .
which the Partners no ionger have any intel'est in the Property:".
:
e29
I
Scdion 1.(14. pCl'(~cnllll~cs or Inlcl'(lHl
'l'ho l'CSpCCtivo intol'ost of tho PUI'tnol's In (lnll to thu nut (Wont 01'
loss of the Purtnership shull be as follows:
PUl'lnCl'S Pel'cen t
Joseph H. Ji~~oli 10.08
Frunces W. Jingoll 16.68
Joseph ll. Jingoli, Jr. 1G.GG
Slacey A. MU1'kowitz 10.06
Kimbel'ly Jingoli 10.60
Michael Jingoli 10.00
Seclion ] .on. I,iabilily of Purtncl'S
No Pal'tncr shull be liublo, for uny obligulions incul'l'od by uny olher
Partner, whether incurred befol'e or aCter the execution of Hlis Agreement. Euch Parlllel'
hereby indemnifies the othel' alld ugrees to hold tho other harllll~ss fl'OIll ull such cxcludcd
obligu lions.
Section 1.06. Hcimbul'seuble Bxpenses
It any Partner pays a propedy incul'l'ed obligulion of the PUl'tnershipl'
such pUl'tner shull be reimburscd by the l'Ul'lnership upon pl'cscntullon to the OllWl'
Partnel'S of sulisfuctory evidence of such puyment.
Section 1.07. Contl'ol and Munup,'ement
In order to facilitate the handling of all matters pertinent to the purpose
of the parlnership it is understood and agreed thut the absolute manugement and conll'ol
of the business and arruh's of the PUl'lnel'ship, except us specificully otherwise sel torth
hereinafter, shall be and the same are hereby vested in the Munagement Committee,
which Management Committee shull iniUully consist of Joseph H. Jingoli and Frunces
,= W. Jingoli, the Manuging Purtners. Each Munaging PU1'tner shull huve a vole on ull
issues based on his ,or her percentage intel'est set forth in paragraph 1.04. The
Management Committee shull be indemnified und held hurmless by the Purtncl'ship
for all acts it takes except for' fraud. 'fhe indemnificaUon shull include all costs and
cxpenses and reasonable counsel fees.
In the event thut uny of the Munuging l)ul'lnol'8 should ceuse being
a Partner, the remaining Munaging Partner shall huve the right to selecl any two pUl'tnel's
to be placed on the Munagement Committee und shull have allthc powel'S of lIlunugcmellt
hereinbefore set forth. Provided, however, if the spouse of a Manuging Parlner tukes
all or part of his 01' her interest by assignment or otherwise, he or she shull accede tp
his or her spouse's position on 'the Management Committee and have the sume
proportionate vote. In the event that ull Managing Pal'tners shall cease being a member
of the Partnership, the Management Committee shull consist of all Parlners and ull
decisions in respect to the Partnership, except as hercin othel'wise specificully set fol'lh,
shall be Illude by majority. vote of the Purtnel's, with each Plll'tl~or huving us 'tuuny votes
as his or her percentage of Partnership lnteres.t.
...f()
"I
Sectioll J.l ^ccoulllillr~
(u) '1'he PUl'lIlCl'~hIp shufl mullllulll COlilplelo 1JOol(H IlIld I'CCOI't1H III
uccol'dtlllcO with thc uccl'uul mclllud of uccoulllill~, uccul'utoly l'cflcclilll~ .tho UccoUllts,
buslllcss ulld tl'unsucLiollS of the Pal'lncl'shlp in uccol'duncc with this Sccllun 1.UH. Such
books and recol'ds shall be kept' ut the principuloffice of the l)Ul'lnership or ut such
other office as shull be designuted fOl' such purpose by the Pu'rlnel's. All PU1'tnel's shull
huve the right to Inspect und examine such bool(s und l'ccords ut ull l'cusonuble limcs
dul'ing business hOUI'S.
(b) The PartnershIp shall mulntaln a COlIllllCl'cIul chccklng uccount
or accounts (collectively, the "Account"), in such bunk or bunl(s us the Pal'trlel's mutuully
agl'ee upon from Lime to time. All funds of thc Pal'tnership shull be made only by check
signed by such persons as muy be uuthorlzed from lime to time by the PUl'tllel'ship.
(c) 'rhe Partnership shull adopt a culendar yeal' for accounting pUl'poses.
Financial statements In such, detull as muy be agl'eed upon by the PUl'tners shull be
prepul'ed annually by an accountant selected by the PUl'lhel'shlp und dclivcrcd to ull
the Partners on or befol'e Muy 31, of tho noxt following your. ,All finunciul stutemenls
shull be UCCUl'Utc in ull m.uleriul'l'espccts und shull pI'esent fulrly the fillunclul position
of the Purtnership. All costs and expenses Incurred In the pl'epm'uUon of suid uccountillg
.
shall be considered to be a direct expense to tho PUl'tnershlp. 'l'he finunclul stutements
will be unuudited and in the event thut uny Partner l'equests uudlted finunciul statelllents
of any year, the additional cost and expense incul'red in pl'epul'ution of the uudited
finullciul statements over und ubove thut nOl'mully incurl'ed for pl'epurulion of unuudited
financial statements shull be paid by the PartJl~r requesting suld audited finunclul
statements.
(d) 'fhe Partnership shall cause to be pl'epured and shull file on or before
the due dates (or any extensions thereof) annual United Slates and Stute Pal'tncl'ship
Returns of Income' und uny other Fedel'ul, Stute 01' locul tux retul'ns requh'cd to be so
'Ciled. Each such return shall be submitted to all Partners a reasonable time in udvance
of the required filing dute. '
~ (e) 'fhe books and records or the Purtnel'shlp shull include such assets,
,
liability, income and expense accounts as are appropl'iate to the PU1'tnershlp, and sepul'ute
loan, capital and undistl'ibuted earnings accounts for each PUl'tner.
(C) In all cases, accounting tl'ansuctions shull be recorded and accounted
for in accordance with generally accepted accounting pl'incipIes.
Section 1.09. Services or Partnm's
'1'he sCl'vices of the Partnel'S in a capacity as a 1>ul'tner, shull be l'cndCl'ed
without costs to the purtnel'ship, pl'ovided, 1I0wevel', any sel'vices rendel'ed to the PUl'tnel'
in a capacity other thun that of a Parlner (such us legul services, accounting services,
elc.) shall be paid fOl' by the Partnership to the 'l)al'tner.
Section 1.10. Dislributions
(a) 'rile net cash receipts of tile Purtne1'5hip us hercinufter defined
shall be distributed as soon as practicable after the close of each .ll.ccoljplillg yem' of
. .... .
the Pal'tnel'ship or 11101'e frequently if the. Management Committee detel'mines to muke
. '
more frequent dislributions,. which disll'ibutions shull be mude to the Pm'tnel'S in
propo~lion lo lheh' Purtnct'ship intcrcst.
0>/
(I.>) Tim tel'l . clet Cush lleceipts" us 'used h(ll'e' ..1U1l lIIeun net pI'on ts
derived fl'OIll the Pl'emises owned by the PUI'tnel'ship, as USccI'tuined thl'ough thc us~
of :;lul\lJUl'd uccounUn~ Pl'ucUces upplicd on u cOllsi~tentl>usi~, except thut (u) dcpl'cciulion
of buildingl improvements, furniture, fixtul'es, fUl'uishings und equiplllellt shull 1I0t l>e
taken into uccount; (b) mortguge amortizution puid by the Pm'tnership shull be considCl'cd
a deduction; (c) any amounts expended by the i>urtnel'shlp fOl' cupitul improvemcnts
in excess of proceeds fl'om loans'to the Purtnei'ship made fOl' the purpose of finuncing
such construction shull be considered a deductlol}; (d) u l'eusonuble l'csel've detcrmined
by the Management Committee, sholl be deducted to pl'ovide funds COI' cUl'rent opel'ulions,
improvements or for any other reasonable contingencies of the Pal'tnershipi and (c)
the excess cush proceeds derived fl'om any mortgage l'efinancing 01' sule of the pl'operty
shull l>e included except thut the excess pl'oceeds, If uny, of uny illlel'illl, telllpol'ul'y,
constl'uclion or permanent financing sholl not be considered pUl't of Net Cush lleceipts
until complellon of all hnprovements to bo ,constructed in conuectlon with cUl'l'ying
out the purposes oC the Partnel'ship.
Section 1.11. Vuluutlon of the Pm'lllcl'shlij
(0) For all purposes of this Agreement, the value of a Partner's 1ntel'est
shall be equal to the sum reulized by multiplying the percentuge of suid Partner's Intel'est
times !he CuiI' ~nul'ket vulue of the Partnel'ship as suld Call' murl,et vulue is hel'einurtel'
defined.
(b) On January l,oC each year. or within 30 duys LJlel'earter tho PU1'tnel'S
and all other parties in interest agree that they shall attempt to detel'mlne by mutuul
agreement the fair marl,et value of tho Partnel'ship and that if 0 determination is reached,
said value shall be set forth in a document containing the followIng lunguage, Which
document to be effective will be siglied by pel'sons representing at leust 8596 of the
inlel'est in the PUl'tncl'shlp 'whether said porsons. shall bo pUl'tnol's or mel'eIy huve lIlO
rights of an assignee as hereinafter defined:
,
,.
liThe fall' market value oC WoolbrIght ProCesslonul Center,
a New Jersey Partnel'shlp, as of Janual'y 1 is
$ ."
This determination shall expil'e at such time as the Partners and other
purllos in intel'cst entcr Into a new detcrmlnuLlon ,of vuluution us UfOl'csuld 01' in the
'failure to enter into such a new determination GO days aftel' a ncw detel'mination should
have been reQched. In the event that the Pal'tnel'S and oUlel' purties in interest cunnot
reach a detel'mination as to value by agreement as aforesaid within GO days after tile
appropriate date as specified above, the prior determination shall be null and void and
of no furthcr force and effect and the fair murket value of the Partncrship shall be
calculated in the manner set forth in 1.11 (c) when, as llnd if said valuation is requh'ed
for any of the purposes of, this Agl'cement. Notwithstanding anything to the conl1'ul'Y
hereinbefore or hereinafter, no new valuation shall be effective unless any purty whose
interest in the Pal'tnel'~hip, whether said pUl'ty be a Partner 01' IIlcI',e.1Y hp,YQ the l'ight
....
of an assignee as hereinuClel' defined, concurs in sold vuluution if at the lime suid
. ,
valuation is set said purty's interest is the interest which l'equh'es a valuation to be
sct so os to implcmcnt thc"tCl'lllS of lhc Agl'cClllcnt. MOI'COVCI', no chungc in ~uluulion
hud been made pI'iol' to the end of llny calendur yeur without the ununimous consent
of all parties in illtel'est if a valuution hud been made pl'eviously dUI'ing thut cuIenduI'
yem'.
v'-?
(l') II' 11Iu Vllh UII 1""Jllh'ill Ity tllll 1"'lIvllIlIlI 111'11 111111 III' thlll 1\1'1"'111
1.11 IlIIs oxph'ud hy Il:-l tUl'III;i IIIld n IIUW vnlunllulI ill l'uqll1l'ml to I IIIpl IlIIJllII I 1I1ll lc'I'IU:~
unll pl'ovisiollS of thIs Agl'eement ubseqt UII ugl'eclllcllt l.JeLwecHl ull pUl'Lies ill illLol'osl,
the vulue of the PU1'lllel'ship shull be dctel'mltled l.Jy lI11'ec uppl'uisCl'S, ull to l.Je lllellll.Jel's
of the M.A.I. since the basIc ussets of this PU1'tnel'ship eOllsist of l'eul pl'opel'Ly, one
of suid appl'uisel's to be appointed by the wiLhdl'uwIllg l'ul'tller, 01' oLher selling pal'ty
in interest, and/or his legal representative, one of said appl'uisel's to be appointed by
the r-,'lanogement CommIttee and the thIrd appraiser to. be appointed by the two appl'aisel's
appointed as first provided. Inasmuch us tho Purlnershlp is In essence a PU1'lnership
engaged in the ownership or real propel'ty the appI'aisel's al'e hereby dh'ecLed thut the
value of the Partnel'ship shull be based on the Calr murket value of Lhe asseLs of the
Partnership plus the cash held by ~ho Purtnel'ship less all liabilities. A purty huving
a right to designate an appralsel' shall do so within 20 du.Ys after demund by uny olhel'
party having the right to require an appraiser. Euch party shall puy the cost of their
own appI'aiser and shall share the cost of the thIrd appralsel'.
(d) The valuution determined as aforesaId sh~ll be determined the
lull agreed vulue of the purtnershlp und ull assets, both tunglble
and inta~gible, including but not limIted to, good will as well as allliublUlles, Including
mortgages, liens, notosl' or any olllor clloumbl'ances of uny' kInd whatsoever, if uny,
upon the assets of the Partnership shall bo deemed to have been considel'ellln delel'mining
said value llnd devising the formula for determining said value.
(e) Notwithstanding unylhing else In 'this Agreoment to the contl'ury,
all periods for acceptance of any offer to sell a Partnership Interest, or an assignee's
interest hereunder, shall be tolled 11) the cvent that th'c last valuution certificate not
effective on the date upon whIch value must be deLermined for the pUl'poses of suid
offer and shall remain tolled until the alternative valuation pUl'suant to 1.11 (c) has
been detel'mined und copy of suld vuluuLlon Is sel'ved upon all val'Lies in intel'est.
Alt'rlCLB II
,
" Prosecullon of PI'oject
Section 2.01. Assl~nl1lent of POl'tnel'shlr>
Concul'l'enl1y ,'with the executIon of this agl'ecment, Joscph !t. Jingoli
will assign to the Partnership his 'contl'act to purchase the PI'operty descl'ibed in Exhibit
A. 'rhe POl'tnel'ship shall reimburse aud Joseph U. Jingoli fOl' any expcnses incul'l'cd
by thcm und shull pl'oceed to close HUe In accol'dunce with the agrecmenL of sule.
All real estate transfer taxes and the premium' Cor a standard form owner's policy of
title insurance shull be puid by tho PartnerShip, und It shull pay ulll'eool'ding costs.
Seclion 2.02. Insurance
Appropriate insurance covel'age with respect to public liubility, properLy,
dallluge, pel'sonal injury, fire and casually will be procUl'ed by the PUl'Lnership and the
premiums therefore will be paid from the assets of the Partnership.
AIt'l'ICLE III
Sources and Funds
Secllon 3.01. Capital ContribOllons..,.,
(n) Concurr~nUy with the execution of this agrccmcnt,
,
shull contribute cash us the initiul capital of the Pal'tncl'ship us follows:
... .
....
euch Partner
~..s
r
(b) SubJoct _ U~o pl'ovlslollS of Saolloll 3.U2, J l'Ul'lllOI'S shull IlIul,o
such additionul cupilul contl'ibutlons, in umounls equul to the pm'cenluge thch' initiul
cupilul cOlll1'ibutions bcurs to thotolul initiul cupilul contributiolls, us muy be l'cljuh'cd
. from time to time to meet, the oblIgutions oC the PUI'lnel'ship.
Section 3.02. Cash Advances to the PnI'tnel'ship
Any Partner may loan' funds to the Purtnel'ship in such umounts, ut
. such Umes and upon such terms (which shall be no less favol'uble to the Purtnel'ship
than those available fl'om third parties) as may be agreed upon by the Partners. Such
advances shall be evidenced by notes of the Partner{lhlp executed by all the other Purtnel's
on behalf of the Partnership. Such notes shall be paid in Cull prior to any distribution
or cash to the Partncrs In accordance with the pl'ovisions or Scction 1.1 U. Such paymcnts
shaH bc upplied first to Intel'est and then to the reduction oC pl'incipul.
An'l'lCLllIV
Limitations on Sale or othel' Voltll1tal'Y Disposition
SecLlolI 4,U1 No Partner shall assign, pledge, cllcumbcl', soli, ll'unsfCl',
,hypoU]ecate in any manner subject to all or any portion or his or hOl' intel'est except
In the limited circumstance hereinafter set forth.
~ (a) A PUl'tner may offer his or laOI' Interest to Ulh'd parties subject
to the following terms and conditions providing he or she l'eceives a bona fide outside
orfcr: Any bona fide offcr by a thh'd pUl'ty purchaser shall be served upon the Partllel'ship
by sending copies to all Partners at their mailing addl'esses set fOl'th above by United
Slates Certified Mail and the Partnership without the vote of the withdrawing or selling
Partner shall thereupon have the l'Ight oC first refusal fOl' 45 days after l'cceipl of said
notice to purchase the interest for sale either (i) on the sallie terms and price as set
fOl'th in said bonu fide offer or (il) for all amount equul to the valuulion of a PU1'lllCl'ship
'interest as said interest is defined in Article 1.11 as or the end of the month preceding
receipt or the of reI'. Notwithstanding the forcgoing and il'l'espccUve oC the terms of
t puyment set fOl'th In any bona fide outside offer, the PU1'tnel'ship will usa its best cfforts
.
to make an initial payment or 2U%. 'rhe bulance shull be puyuble commencing Jauuul'y
2 of the year fOllowing closing in a numbel' or equul monthly instullments so thut the
lust payment will be (jU months aCter first payment, which pm'chuse pl'ice shull be puyable
with intcrest equal to the maximum rate permitted as oC the dute of, the muiling of
the option of reI' as set forth in 4.Ul (u) by the luws or the Stule of New JCl'sey 01' tho
primc rate being churged by the Nutional Stute Duuk, Elizllbeth, New Jersey, whichever
is lower on the unpuid pl'inciplll amount with eu'ch payment or interest and principul
to be paid with each monthly installment. '1'he fil'St payment shull be mude within 3U
duys after acceptance of the offer and the balallcc of the payments shall be evidenced
by a negotiublc promissory note in form and substancc sutisfactory to counsel for the
Purtnership.
(b), 1C tile Partncl'ship docs not exercIse its oplion under Subsection
(a), the Partner giving notice shall send notices .to llll persons huving any interest in
the Partnership whether' said persons shall be plll'tners or merely .I~ave Jh~ rights of
. - ....
assignee and c~ch of said persons will hav~ a 30 duy pcriod in ~hich to agl'ce to pm'chase
the Interest so offered and in sending bock notice of acceptance shall indicate (a) whether
, they wish to purchase; and, (b) If they wish to purchase whethcr Lhey will only,Purchusc
~~
their pl'O rutu porlion or Ul.... wVll11nrr to pUl'chuse pl'O rutu UIlY _ ..I'tion of the IlItcl'est
that docs not respond within the 3U day pel'lod shull bo dccmed to huvc declin'ed to
excl'cisc their oplion to purchase. ,Euch pUl'chusOl' shull huve the l'iUht to eluct his or
her oplion us to the tCl'I11S, amount of puyment und provisions of puyment to the sUllie
extent as if, the Partnel'ship had elected to purchuse. Jf uny PU1'tnel' pUl'chuses, the
interest he or she purchases shall bo geomod to increaso his or hOl' purtnorship interest.
(c) If tho Partnership does not cxel''cise its option undcl' Subsection
(a), and if the other purties in intcrest do not exel'cisc their option under Subsection
(b) so as to buy ull the interest offered, the Purtnel' giving the notice shull be fl'ce for
30 days to sell, transfer, or otherwise dispose of his ai' her Pal'tnership Intel'est to the
person or persons specified in the notice at tho pl'lce specified and SUbject to tho terms
contuined in the bonu fidc outside Oreel'. l~urtherlllol'c, in tho cvont 1I1ut tho Pul'lncl'ship
and/or any other purchuser, when exercising his 01' her option to pUl'chuse clects to
pUl'chase at a pl'ice lower thun the price seL in Lhe bonu fido offcl', then Dlld in thut
event the withdrawing PUl'tnCl' or other party in interest shall huvc 3U duys ill which
, .
to wilhdl'uw his or her entiro offel' und continuo on as a l)ul'tnel' 01' pUl'Ly in intel'esL
us though the offcl' hud not boen mude. PUl'suullt to It:S. 42:1-27, the ussiUllce of till
or purt ?f the Partnership Jnterest shull, however, not be entitled, dul'ing the continuunce
of the PUI'tnel'ship, to intol'fel'o in or havo uny voice in tho nHlfIugoment or udllllnistl'ution
of the P~rtncrshlp buslncss or uCCah's or requh'e any infol'mution or uccount of Purtnol'ship
trunsactIons. 'I'he assignee shall mel'ely be entIlled. to l'eceIve, In accordunce with the
tel'ms of the .assignment, the profits and shull shure in the losses Dlld shull be entitled
to share in cash flow and distributions to whIch the assigner otherwise would be entitled
to sharc in subject to all the rights herein set fOl'th and shall ul50 have such othor special
right.s us set fCl'th In the Agl'eement in respect of pUl'chusIng udditionul Intel'est which
additionul interest if purchused shall be subject to the same limitations as set fol'lh
in tho previous pl'ovisions of this Al'Ucle 4.01 (c). An assignment 01' tl'unsfel' us uforesuid
sliall not terminate the PartnershIp..
t Section 4.02 Notwithstanding anythIng', to the conll'ary contuined
,
hereinbefore, any Partner shall have the l'Ight to assign all or any pOl'tion of its
Partnership Interest to any member or his 01' her immediate fumily (lmmediute family
being defined as wife/husband and/or children ovel' the age of 18) or to a tl'ust for the
benefit or his or her minor children or which a member of his or hel' immediute. fumily
is the tl'ustee. In the event of a transfcr us aforesuid, the Purtncl'ship 01' other PUI'tllel's,
or other parties in interest, shall have no right of first refusul but in ,respect of uny
subsequent disposition of said interests ull tho limitations on the trunsfel'ability set
forth in this Agreement inclUding, without limitation, the rights ot fh'st refusal. PUl'suunt
to U.S. 42:1-27 the assignee of all or part of the Pm'tncr's interest shall, howevCl', except
in the case of an assignm,ent to a spouse whether by gIft, conveyunce or devisc or
otherwise, not be entitled during the' continuance of the Partnership to interfere with
or have any voice in ,the management or adminisl1'ation of the Partllel'ship trunsuctions.
'rhe assignee shall mel'cIy be entitled to reccive in accordance with the tel'lI1S of tile
assignment the profits and shall share in the losses and cash flow anQ distributions to
. .' ....
which the assigner would otherwise' be entitled to share in subject to all the obligations
. .
of the assigner. The assigner, however, shall huve all the other speciul l'ights given
to a non-pnrtner pursunnt to'the terms of lhe Agreement. In UlC cuse of nn nssignment
to a spouse, the spouse shull hnve the fulll'ights of the assignel' to tuke purt in ull
~"
i
pUI'lncl'~lIip uCCuh's willi 'olo 011 u 1H'0 I'ulu lJUsIH LJusotJ 01 10 l'OllPOCUVO pCl'Ct.!llluuo
of ownel'ship in the pUl'tnel'shlp.
AH'l'lCLll V
Secllon 5~U1. Cuuses of Dissolulloll
'rhe Partnership shull be dissolved in the event:
(i) A majority of the }'artners withdraw from the PUl'tnel'ship, whelllel'
or not In contravention or this agreement;
(ll) A majority of the PUl'tnel'S sholl Cile 0 volunLol'y petition in
bankruptcy or arc adjudicated a bankrupt or insolvent;
(Hi) All of the property has been sold.
Section 5.02. Dissolution
(a) Upon dissolution of the PUl'tllership by expirution oC the lel'lII hel'eof,
by operation of luw, by uny provision of this ugl'cemcnt, -qr by agl'eelllcnt betwccn Lhe
Purtnel's, the Partnership's business shall be wound-up and ull its assets distributcd in
liquidution. In such dissolution, Joscph ll. Jillgoll, Fl'unccs W. Jilluoli, Joseph H. Jinuoll,
Jr., Stacey A. Markowitz, l{imbel'ly Jingoli and Michuel JingoU shull be co-Uquidolillg
. Pal'tncrs; in such event the co-liquidating PUl'tners shull huve equal l'ights to whld up
thc PUl'tnership Ulld shull cuuse its Propel'ty to be sold und, disll'ibute the pl'occecJs of
sale - as provided in Subsection 5.U2 (b). In a dissolution pursuant to Section 5.Ul, the
liquiduting Partnel' shull be as thcl'eln providcd and such liquidutinG' Partner sholl huve
\he. right to wind up the Partnel'ship and causa the Partnership's Pl'OPCl'ty to be sold
and distribute thc proceeds of sale as provided in Subsection 5.U2 (b),
(b) 'rhe procceds Cl'OIll li(Juidullon of thc PU1'tllcl'ship shull be uppllecJ
in the following ol'del' of pl'iority:
(I) Debts of the Partnership other than to Pal'tners;
(ll) Debts of tho Partnership to l)ul'tners;
(Iii) '1'0 all Pal'tnel's in the sumo ratio as their copitul contl'ibulion,
and altcl' all POl'tnel's hovc their total capitol contl'ibution l'ctUl'llcdj
(Iv) '1'0 rill Partnel'S in pro rata nmountsas set forth in Section 1.U4.
,
.
.
AH'l'iCLB VI
Oenel'ol Pl'ovisions
Secllon G.UI. Notices
All notices and other communications requh'ed 01' perlllUted to be
given or delIvered hereunder shull be in writing um) sholl be given either persollolly
or by moil, addressed to tho Partner intended at his or her addl'ess set forth be10w 01'
su<;h other address as he or she may designate by notice given to the other Pm'tners
in the mannel' aforesaid.
Nome of Partner
J.oseph R. Jingoli
,
,
Addl'ess
5 '1'wining Lane
West '1'renton, New Jersey U8628
5 '1'wining Lane .t. .
West '1'l'enton, New Jel'sey U8628
.
,
5 'l'wining Lune
West 'frenton, New Jel'sey 08628
45 Vibul'mun COUl't
Lawrenceville, New JCl'SCY U8648
&
Frances W. Jingoli
Joseph It. Jingoli, Jr.
Stacey A. MUl'kowitz
I
,
~
~
"
ICimbel'ly Jillgoli
G 'l'winlng Luno
Wesl'1'I'enlon, Now Joy~ey UUli28
Michuel JlugoU
[j 'l'w inlng, J..UIlO
West '1'I'enlon, New Jel'sey OlW28
Section 6,02. Successol's and Asslr,ns
All rights and duties of the plu't!es hel'eunder shull irlul'e to the beneHt
or and be binding upon their respective successors and assigns.
Secllon .6.03. Governing Law
'1'llis agl'coment and the l'ighls of the pur ties hOl'euncJor shall be governed
by the interpl'eted in accordunce with the luws of tho Slate of New Jel'sey.
Seclion 6,04. Pl'evious Ar,l'eements
'1'l1is Agl'eemont supel'sedes ull pl'ovious ugl'oelllenls, wl'illen or vcrbul,
, , ,
of the Purtnel's, with respect to the subject matter hereof.
Scctlon O.OG. Countol'pnl'ls
'1'he agreement may bo oxec~ted in sovel'ul countorpul'ts and u11 so
exccuted shull constituto one ugl'eemenl bhuJinIT upon' ull pUl'~ies hel'clo, even though
all the parties are not signatory to the original or the same counlerpm't.
Section 6.UG. Inveslment Hepl'csenlul1on
Each of the pur ties hel'cto repl'escnt and wm'runt thut they al'e acquh'ing
their l'Ul'tnel'ship interest fOl' investment pUl'POSCS und not with a vIew for sule or
re-distribution and no transfer of any PUl'tnel'ship. Intel'est wlU be pcrmilled if suid
tl'ansfer would violate any applicable federal or statc Iuw 01' l'egululion.
Section 6.07. Election PlII'sunnt to Section 7n4
~ In the event or tho trunsfel' or ussigmnent or any Inlel'cst In the
.
Pal'tnership, thc l'artnel'shIp shall filc a timcly clcction undCl' Seclion 754 of the Inlcrnul
Ucvcnuc Code of 1954, as amended to udjust thc basis of the PU1'tnership Pl'opcrty.
Said elcction shull be mude in, the munncr l'cqul1'cd by Jlcgulu lion 1.754-1 (lJ), us umcnded,
and sholl be tiled with the Partncrshlp l'ctul'n tor the taxublc ycar in which the l1'unsfcr
of assignment is made.
AH'l'ICLE Vll
Dcalll of a Pnl'lnCl'
Section 7.01 In the event' of the deuth of a Purtner, the Pal'tncl'ship
sholl not be dissolved or tcrminated but, in any of such evcnts, the intcl'cst of the Partner
with respect to whom such' evcnt occurred shull..puss to his legul reprcsentutives,.heirs
or beneficiaries, ,and said legal rc.presentatives,. heirs or beneficiaries, respectfully,
but said assignee pursuant to R.S. 42:1-27 shall, however, not be entitled, during the
continuance of the Partnership to interfere in or have any voice in the management
. .. . ....
or administrution of the PUl'tncrship bu~iness or nrruil's of"fequh'e uny infol'llIution 01'
account of Partnership tl'ansactions. Provided, howcver, if' the heil' is the spouse of
the deceased partner, sho or he shall accede to his or hel' l'ighls of manngement us set
forlh in Paragraphs 1.U1 and 4.02. 'fhe assignee shull lllel'ely be cnliUed to l'eceive,
in accordonce with the tel'lllS of the assignment, thc pl'ofits und shull shul'c in the losses
to which the ussigncl' olherwise would be cntitled to ~hare in subjecllo ull ~hc ObligUtioV?
of the ussigncI'. 'l'he dcuth of u PUI'tner shall not lCl'minulc the )lUI'lIlCI'ship. In the
..Ill.
"
event of a death of a Partnel', 01' other pUI'ty In Inlel'cst, howovel', the legul
representatives, hell's or beneficiuI'ies shull huve the l'ight at unytime within two yeurs
of the date of the deulh of tho 11urtnel' 01' othel' pUI'ty in interostto I'equire 1I1e
Partnership to purchase the entire Interest held by said legal l'epI'esentulive, lICit's 01'
beneficiaries Cor an amount equul to the vuluution of a Partnership Intol'est us detel'/Ilinod
under Arlicle on the dute noUco of oxel'ciso of 1I1is option Is sel'vod upon tho PUI'tnel'shlp.
Payment shall be mado ovor a period of five years and the selling pal'ty shall l'ec.eive
during each calendar year 20% oC the purchase pl'ice to be payable wilh Intel'est equul
to the maximum rato pCl'mltted as of the duto of the mulling of lho notice by tlte luw
of the Stute of New Jersey or the prime rate being charged by the Nalionul Slute
Dank, Elizabeth, New Jorsey, whlchevor Is lowel', on the unpuid pl'incipul alnountl wilh
each payment of interest and principal to be p,iiyuble' In Iquul'tel'ly inslullmenls. 'rite.
first puyment shall be made within 30 days aCtel' sending of tho notice und tho bulunce
of the puyments shull be evidencod by a negotiu\Jlo pron-'issory nole in ~OI'UI und su\Jslunco
satisfactory to ,counsel for the Partnership.
Scction 7.02 In the cvent of tho buukl'uptcy 01' iusolvcncy of uny PUI'tner,
01' should any Partner commit any act of bankruptcy 01' talce udvuntuge of uny bunkl'uplcy,
rcol'gunizution, composition or al'rangcmcut stululo 01' should u PUI'tncI' become insunc,
then such Partner ("Insolvent Party"), from and after said date shull cease to be a PUI'tnel'
or have uny voice in the management of the PUI'lnel'ship and the PUI'tnership shull not
be dissolvcd 01' terminuted. l'UI'suLllIt to H.S.' 42:1-27,' the Insolveul Purly, or his 01'
her legal repI'esentutive, shull, however, not be entitled, duriug the conlinuunce of the
PUI'tnership, to inlcrfcI'e In 01' huve any voice in UIO 1I1uuugelneut 01' udnaiuistl'ution
, of the Partnership business or affairs or l'equit'e any information or account of Plll'tnership
tl'ansuctions. '1'he assignee shull mel'ely be entitled to l'eceive, in accordunce willi the
~ ter/lls of the assignment, tJIO profits und shul~ shuI'o in the losses uud cush flow und
,
disll'ibulions lo which the assigner otherwise would be enlIlled lo shure In subject lo
all the obligations of the assigner. Within 90 duys aCtel' any of the evenls set fOl'lh
in this AI'ticle 7.02 tukes place, tho Partnership shall have the l'ight to purchuse the
Insolvent Party's Partnership Interest for the same price as set forth in Article IV but
vuluution shull be set as of the month ending befol'e the dute of insolvency und all
,reference to an outside offer shall be Ignored. Puyment shall be made as set fOl'lh in
Al'ticle IV and the sumo terms and conditions, (i.e. the PUI'tnel'ship cun elecl puy out
,schedule extending up to 18 months aCter the fh'st paymenL).
AR'fICLE VlU
Adjustment of Dusis
Section 8.01 In the event of a sule, assignment or other disposition
(including condernnatic;)fl or involuntary conversion) of the .J'al'Lllel'ship 'PI'opel'tYI uny
gain reulized by the Purtnership shull be: allocuted, fh'st Lo ~oseph ll. Jil1goli, Fl'ances
, W. Jingoli, Joseph H. Jingoli, Jr., Stacey, A. Murkowitz, !UmlJel'ly Jingoli and Michael
,
,
Jcf
Jilic-oli, lo lho cxlenl of UIIY ~.:-;pl'OpOI'l1oIlUlo wlllu.ll'uwuls 1I1ullo b", Lho1l1; uull, 1l10I'olu1'ul'o,
the lJulullce of uny such guil1 shull be ullocuted UlIlOllg the PU1'lllC1'8 in nccol'duncc willl
lhc pCI'ccnlurrcs of IlIlcl'csl us sct {ol'lh herein.
IN WITNESS WUJHtEOF, we huvc he1'cunto scl OUI' hUlIlIs, unll seuls
, the duy and year fil'st ubovc written.
Signed, Scalcd and DcUvel'cd In the prcscncc of:
~.g,,~ .;;. Y1[uf-AA4L
ff4ld ~. qfJljt...L---
w..L~. 'rJ r7!Jvr.~ /...-L
:d (j
,,:Ud ~ vft~J:t.,.J -
-n.:uj 151. v/t.~L
~;~ CJ. v/J-fj U
,.",? ..~
- ~-:-~':,-"-:,.;:-, ,,' ,
--:;:> ~~~ .."
'--..--::=...- -, ..... ",'-.- , - -'-
~o~ptf H. Jing~Oli/;;.-'" - :;;;;/
,Y ... -:;;'~ ,.~
," III' "-
'~/>V4'.~ /& (Y~~
""j1runccs W. Jillgoli~ (
V 9P
pD~.
,~.___ .........."...,,' ._..11.___
'-:-)~,.... ," , 'l ',', I "!. . 1. " ..- '
Slacey A..MUl'J~~ilZ (/
ai' (" "\,
~ '. I.),'
JUllllJel'ly JlIIg
c-~
, ~~~~~
Michacl JingoH
,
.
,
... .
....
.
.
,
,
~?
'!_~ t. -
'-,
11-22-1987
SHALLOWAY INC,
ENGINEERS, PLANNERS, SURVEYORS
PROJECT NAME: WOOLBRIGHT PROFESSIONAL CENTER
AREA
GROUND STORAGE
= 2.7 ACRES
= 2,12 INCHES
100 YEAR RAINFALL = 19,7 INCHES
100 YEAR FLOOD STAGE = 16,46 FEET
STAGE STORAGE DISCHARGE
8,50 0,00 0,00
9.00 0.00 0,00
9,50 0,00 0,00
10.00 0.00 0,42
10,50 0,01 0,60
11,00 0,02 0,73
11,50 0.04 0,85
12.00 0,06 0.95
12,50 0.09 1.04
13,00 0,15 1.12
13,50 0,26 1. 20
14,00 0,43 1,27
14,50 0,66 1. 34
15,00 1.14 1. 41
15,10 1. 28 1. 42
15.50 1. 97 4,64
16,00 ,3,00 12,22
16,50 4,05 22,33
17,00 5,10 23,91
17.50 6,15 24,69
(\
'.l.'!O
I .
....
I
I
\
I
DEe 2 8 1987
?'o
-',
,0
\
I
PROJECT NAME: WOOLBRIGHT PROFESSIONAL CENTER
**STAGE - CUMULATIVE STORAGE CALCULATIONS**
VERTICAL STORAGE AREAS
LINEAR STORAGE AREAS
AREA NUMBER - 1
STORAGE AREA 1,30 ACRES
LINEAR STORAGE FROM ELEV, 14,40 FT, TO ELEV, 15.50 FT,
VERTICAL STORAGE FROM ELEV. 15,50 FT, ON UP
AREA NUMBER - 2
STORAGE AREA 0.10 ACRES
LINEAR STORAGE FROM ELEV. 9,50 FT, TO ELEV, 14,40 FT,
VERTICAL STORAGE FROM ELEV. 14,40 FT, ON UP
AREA NUMBER - 3
STORAGE AREA 0.70 ACRES
LINEAR STORAGE FROM ELEV, 12,50 FT, 'TO ELEV, 16,00 FT,
VERTICAL STORAGE FROM ELEV. 16.00 FT, ON UP
STORAGE (AC-FT)
LIN. LIN, LIN,
STAGE AREA AREA AREA TOTAL
(FEET) 1 2 3 (AF)
8,50 0.0 0,0 0,0 0,0
9.00 0,0 0,0 0,0 0.0
9,50 0,0 0,0 0,0 0,0
10.00 0,0 0.0 0.0 0.0
10,50 0,0 0,0 0,0 0,0
11. 00 0,0 0.0 0,0 0,0
11,50 0,0 0.0 0,0 0.0
12.00 0,0 0,1 0.0 0,1
12,50 0,0 0,1 0,0 0,1
13,00 0,0 0,1 0.0 0,2
13,50 0,0 0,2 0,1 0,3
14.00 0.0 0.2 0,2 0.4
14,50 0,0 0.3 0.4 0,7
15.00 0,2 0.3 0.6 1.1
15,10 0,3 0,3 0,7 1.3
15,50 0.7 0,4 0,9 2.0
16,00 1.4 0,4 1.2 3,0
16.50 2,0 0,5 1.6 4.0
17,00 2,7 0,5 1.9 5,1
17.50 3,3 0.6 2.3 6.1
~
:'\
PROJECT NAME:
WOOLBRIGHT PROFESSIONAL CENTER
**OUTFALL STRUCTURE RATING**
OUTFALL STRUCTURE TYPE: WEIR
WEIR LENGTH 48.00 INCHES
WEIR CREST ELEVATION: 15,10 FEET
WEIR COEFFICIENT 3,13
BLEED DOWN DEVICE: TRIANGULAR ORIFICE
BLEEDER WIDTH 6.00 INCHES
BLEEDER HEIGHT 6,00 INCHES
BLEEDER INVERT ELJEV,: 8,50 FEET
OUTFALL PIPE LENGTH
OUTFALL PIPE DIAMETER:
MANNING'S 'N'
PEAK TAILWATER ELEV, :
153,00 FEET
24.0 INCHES
0,024
9,50 FEET
STAGE WEIR PIPE RATING
~FEET) (CFS) (CFS) (CFS)
8,50 0,00 0,00 0,00
9.00 0.00 0,00 0,00
9,50 0,00 0,00 0,00
lO,OO 0,42 6.17 0,42
10,50 0,60 8,73 0,60
11. 00 0,73 10.69 0.73
11.50 0,85 12,35 0,85
12,00 0.95 13,80 0.95
12,50 1. 04 15,12 1. 04
13,00 1.12 16.33 1.12
13,50 1. 20 17,46 1. 20
14.00 1. 27 18,52 1. 27
14,50 1. 34 19.52 1. 34
15.00 1. 41 20,47 1.41
15,10 1. 42 20,66 1. 42
15,50 4.64 21.38 4.64
16,00 12,22 22,26 12.22
16,50 22.33 23,10 22.33
17,00 34,43 23,91 23,91
17.50 48.25 24,69 24.69
n
,
i
?.<
"
~
: \
(',
,
I
PROJECT NAME: WOOLBRIGHT PROFESSIONAL CENTER
*** SCS RUNOFF & FLOOD ROUTING
25
- YEAR STORM
RAINFALL = 12,0 INCHES 3 DAY DURATION STORM
TIME
(HR)
RAIN
(IN)
RUNOFF
(IN)
RUNOFF
(A-F)
DISCHARGE STORAGE STAGE
(CFS) (A-F) (FT)
0.00 0,00 0.00 0.00 0.0 0,00 9,50
12,00 0,88 0,08 0,02 0,0 0,00 9,54
24,00 1. 75 0,51 0,12 0.2 0.00 9.69
36.00 3,02 1. 43 0,32 0,3 0',00 9.80
48,00 4,31 2.51 0.57 0,2 0.00 9.77
53,00 5,05 3,17 0.71 0.5 0,00 10,14
58.00- 6.86 4,85 1.09 1.0 0.08 12,25
58,50 7,15 5.12 1.15 1.0 0,10 12,54
59,00 7,54 5.48 1.23 1.1 0.13 12.86
59,25 7.84 5,76 1. 30 1.1 0,17 13,11
59,50 8.14 6.05 1. 36 1.2 0.22 13.29
59,75 10,16 8,00 1. 80 1.3 0,63 14,43
60,00 12.18 9.96 2.24 1.4 1.04 14,89
60,25 12,62 10.39 2,34 1.4 1.11 14,97
60,50 13,06 10.82 2,43 1.4 1.18 15,02
60,75 13,28 11. 04 2,48 1.4 1. 20 15,04
61. 00 13.51 11.26 2.53 1.4 1. 22 15.05
) 11. 59 2,61 1.4 1. 23 15,07
61. 50 13,85
62,00 14.12 11. 86 2,67 1.4 1.24 15.07
67,00 15,52 13,23 2.98 1.4 0,97 14,82
72,00 16.31 14.01 3.15 1.3 0.58 14.33
1&