CORRESPONDENCE
CITY of
BOYNTON BEACH
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120 N.E. 2nd AVENUE
P,O. BOX 310
BOYNTON BEACH. FLORIDA 33435-0010
(305) 734~111
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OFFICE OF THE CITY ENGINEER
July 28, 1987
Mr. Michael F. Matchus
Assistant Vice President
Branch Manager
Sandal foot Cove Office
9910 S.W. 14th Street
Boca Raton, Fl 33428
Re: Traffic Signal at Congress Avenue and Congress Blvd.
Dear Mr. Matchus:
I have been advised by the County Traffic Engineer's office
that the subject traffic signal will be installed upon receipt
of a letter from the Developer of the Lakes of Tara (your bank)
stating that funds in the amount of $15,000 will be made
available to the County for a portion of the cost of the
traffic signal.
A letter from the Developer of The Landings (Clipper Cove)
would also be necessary. The traffic signal would cost approx-
imately $30,000. The initial installation would be with
"flasher convertible".
Please advise if you have any questions concerning the above.
Very truly yours,
"-
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Thomas A. Clark, P.E.
City Engineer
TAC/ck
cc; Charles Cantrell, P.B.C. Traffic Engineering Div.
Carmen Annunziato, Planning Director
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One Of The J.m..l Strongest...
coral gables fed ral
WEST BROWARD OFFICE
4101 W, Commercial Blvd.
Ft. Lauderdale. Florida 33319
Telephone 731-9170
,
December 18, 1984
RECttrV'PD
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Carmen Annunziato
City of Boynton Beach
120 N. E. 2nd Avenue
Boynton Beach, Florida 33435
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Dear Carmen:
Enclosed is an agreement of purchase and sale between
Coral Gables Federal Savings and Loan Association and
Barry Barson. Barry Barson will be the new developer
at Cherry Walk.
I have also checked with our attorneys and found that
the Home Owner's Association documents for Cherry Walk
have not been recorded. The Home Owners' Association
has been incorporated and filed with the state. The
By-Laws have been drawn up and the Declaration of Re-
strictions prepared. The Home Owners' Association
Documents will be recorded prior to our first closing.
If I can be of any further assistance, please do not
hesitate to call.
Sincerely,
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Michael F. Matchus
Assistant Vice President
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2511 PONCE DE LEON BOULEVARD. CORAL GABLES, FLORIDA 33134 . PHONE (305) 447-4711
MAILING ADDRESS: P.O. BOX 141488, CORAL GABLES, FLORIDA 33114
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AGREEMENT OF PURCHASE AND SALE
THIS AGREEMENT, made and entered into this L_\_ day of a.iC~, 1984,
by and between CORAL GABLES FEDERAL SAVINGS AND LOAN ASSOCIATION,
hereinafter referred to as the "Seller," and BARRY BARSON, hereinafter called
the "Purchaser." The words "Seller" and "Purchaser" shall be used to denote both
the singular and plural wherever and whenever the context may require.
WITNESSETH:
THAT for and in consideration of the sum of Ten ($10.00) Dollars and other
good and valuable consideration, by c.ach of the parties unto the other in hand paid,
receipt whereof is hereby acknowledged, as \vell as for the p~:rforming and keeping
by the respective parties of their obligations and covenants, as more particularly
hereinafter set forth, it is m~tually agreed as follows:
1. SALE AND PURCHASE: The Seller hereby agrees to sell to the
Purchaser, and the Purchaser hereby agrees to purchase of and from the Seller,
upon the terms and conditions herein set forth, the following described property,
lying, being and situate in Palm Beach County, Florida, to-wit:
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Lots 1, 2, 7, 10, 11, 15, 16, 21, 21~, 25, 32, 33, If9, 50, 55 and 58, LAKES OF
TARA P.U.D., Unit I, according to the Plat thereof, recorded in Plat Book
46, Pagp. 102 of the Public Records of Palm Beach County, Florida
(hereinafter referred to as "Phase I").
2. PURCHASE PRJet:::.: The purchase price which the Purchaser agrees
I
to pay to the Seller and for which the Seller agrees to sell the above-described
property to the Purchaser, is the sum of TWO HUNDRED SIXTY-POUR
THOUSAND ($2Gl~,OOO.OO) Dollars, and shall be payable as follows:
A. The sum of TWENTY THOUSAND
(:~20/!OO.OO) J)CJllars <1t the time 01 execution alld dl:livery of tlli:; Agt'eement, \vllich
sum ha:.. been paid to PADGETT, TEASLEY, NILES &. SHAW, as Escrow Agent, and
which sh.:tll constitute the I1dcposit," or "ini tial deposit," as hereinafter referred to,
and which shetll be and constitute a part of the cash portion of the purchase price if
this transaction is con5ummated in accordance with the terms and conditions
hereof. . \ J.. . \~
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. ;4 . ,'J, ,{'jJy.j -(>{"-, \""'0 ,.... ,- B. Purchaser shall execute and deliver at
the time oJ closing a promissory note in the principal amount of TWO HUNDRED
TWENTY-FOU1~ THOUSAND FOUR HUNDRED ($22l1,lfOO.OO) Dollars, secured by
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a purch~\se-rnoney first mortgage encumbering the above-dc=~scrjbecl property. The
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~ter~~.t rate ilnd terms of rcpayme!:,~ to be provided in said promissory note and
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mortgage .:>.~_a)Lge thqse. offered by the Scllc;r for acquisition loans gi~el~ .by t~!e
SeHer at tl:<:. t!m~.of closing, . The mortgage shall entitle the Purchaser to release
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individual lots on a random basis upon the payment of the sum of FIFTEEN
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THOUSAND FOUR HUNDRED TWENTY-SEVEN and 50/100ths (.)15,1~27.50) Dollars
per lot. The Purchaser further agrees to pay a loan initiation fee, or "points," in
the amount of One (1%) percellt of the principal amount of the purchase-money
mor tgage, together with all of Seller's normal "out-of-pocket" costs associated with
the purchase-money note and rnortga~e, including recording fees, document2ry
stamp taxes, intangible taxes and lenders' reasonable attorneys' fees. In addition,
Purchaser agrees to pay for the cost of issuance, on a "simultaneous re-issue basis,"
or a mortgagee's policy of title insurance simultaneously with the issuance of the
owner's policy of title insurance referred to in paragraph 3 of this Agreement.
c. The balance of the purchase price, of
which the above-mentioned deposit or initial deposit shall be and constitute a part,
shall be payable in cash or by cashier's check at the time of closing, subject to
increase or reduction by reason of the customary credits, debits, adjustments and
prorations, calculated as of the date of closing.
Within fifteen (15) days after
3.
MARKETABILITY OF TITLE:
acceptance of this Agreement by the Seller, the Seller agrees to furnish to the
Purchaser or the Purchaser's attorneys, at the Seller's own cost and expense, a
commitment for an Owner's policy of title insurance, and if such commitment is
not delivered to the Purchaser or his attorneys within a reasonable time after the
expiration of such fifteen (15) day period, the Purchaser shall have the right to
procure a commitment for an owner's policy of title insurance at the expen.se of the
Seller.
The commitment for an owner's policy of title insurance shall show the
Seller's title to said property to be good, marketable ,and insurable, and in the event
the title to said property shall not be good, marketab,le and insurable, the Purchaser
shall notify the Seller of such uefects as shall exist with respect to the
rnarketabili ty anu insurability of the title, and the Seller shall exercise reasonable
diligence to make the title good, marketable and insurable. If, after reasonable
diligence on the part of the Seller, said title shall not be made good, marketable
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and insurable within a reasonable time, all monies this day deposited in escrow by
the Purchaser shall be returned to the Purchaser, in which event each of the parties
shall be relieved and released of all further obligations and liabili ty hereunder, and
this A~rcernent shall be deemed null and void and of no further force and effect.
If. PH-ORA TIONS: Taxes, insurance, rents, security deposits, licenses,
waste collection chat"ges, utilities, interest and other expenses and revenues of the
Property shall be prorated as of the end of the date immediately preceding the
closing. If the real estate and/or personal property taxes for tIle year of closing
shall not be fixed as of the closing date, the taxes shall be prorated on the basis of
the actual taxes for the preceding year and will be re-prorated when taxes for the
y,ear of closing have been published. All closing adjustments shall serve either to
increase or reduce the cash portion of the purchase price as set forth herein.
5. GOYERN1'viENT AL LIENS: Improvements accruing to the premises,
such as paving of streets or installations of sidewalks, etc., which are completed
but ~ot paid for as of date the Purchaser signs this Contract, shall be paid for at
closing by the Seller. Repairs or other work performed on the property shall be
paid for by the Seller prior to or at closing. Improvements to the premises which
have been authorized by proper government authority but upon which no work has
commenced or upon which work is in progress but not completed sl!.;.ll be paid for or
assumed by the Buyer.
6.
ADDITIONAL OBLIGATIONS OF PURCHASER:
As additional
consideration to the Seller for the sale of the lots specifically referred to in
paragraph 1 of this Agreement, the purchaser agrees to place the three model
homes located on lots 12, 13, and Itf of LAKES OF TARA P.U.D., Unit I, in
acceptable condition for sale and obtain a Certificate of Occupancy on them.
Seller will pay all hard costs associated with placing the models in acceptable
condition. Purchaser agrees to sell the models for a commission of 3% provided
the Seller offers flnanclne to qualified purchasers not to exceed 95% of Sales Price.
In lieu of the 3% commission the Purchaser shall have the option to elect to use
one model horne for the purpose of a sales office for a period not to exceed six
months. If requested by the Seller, the Purchaser further agrees to construct
recreationetl fclcilities for the Seller on a portion of the lands within the LAKES OF
TARA P.U.D. Unit I subdivision in accordance with the plans and specifications to
be provided by the SeHer; in this connection, it is understood and agreed that all
costs incurred in connection with the construction of such recreational facilities
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shall be paid by the Seller and, in addition thereto, the PurclJaser shall be entitled
to receive as compensation for his serviccs a fee equal to Three (3%) perccnt of the
'lhard costs" of construction, whicll fee shall be payable to the Purchaser
sill1ultJ.neously with the payment of the aforesaid "hard costs" during the course of
construction.
7. SELLER'S WARRANTIES: As an inducement to the Purchaser to
enter into this Agreement, the Seller warrants and represents the following:
A. That Seller knows of no presently
existing violatiqlls of any municipal, state, county or f,.'deral laws, rules,
regula.tion::; or" ordlllCl!1ces and that therc are no pending violations which would
affect the Purchaser's use, enjoyment or operation of said property.
B. That there is no litigation or
proceedings pending, or to Seller's knowledge, threatened, against or relating to
the property, nor does the Seller know or have reasonable grounds to know of any
basis for any such action; that the Seller has no knowledge of any pending or
threatened condemnation or eminent domain proceedings which would affect the
said property or any portion thereof.
C. That the present zoning ordinances
applicable to the above-described property do not prohibit the use of the property
for the construction of single-farnily residences.
D. Purchaser's sole remedy for a breach
of the warranties shall be the clection to rescind the contract and receive all de-
posit monies.
8. CONSTRUCTION AND PERMANENT LOANS: III addition to the
Seller's obligation to take back a purchase-money first mortgage encumbering the
property constituting Phase I, as more specifically referred to in paragraph 2(5) of
this Agreement, the Seller further agrees to provide construction loan financing
and permanent rnortga~e loans to the Purchaser and/or to the Purchaser's qualified
buyers, upon such terms and conditions, including, but not limited to rates of
interest, assumption fees, and terms of repayment, as shall be offered by the Seller
for construction and permanent loans give'n by the Seller at the commencement of
construction i;lnd at the tinlc of closing of the sales to ultimate buyers.
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9.
CONDITIONS PRECEDENT:
The Seller's oblig;tions under this
A:.;reement are expressly subject to and conditioned upon its receipt and approval
(in its sole discretion of the following documentation from the Purchaser:
C;.:) Personal financial statements of the
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Purchaser and his coventurers.
@ Income tax returns for for the years
1982 and 1983 as to the Purchaser and his coventurers.
(0 If the Seller be a corporation, a
Resolution of the Board of Directors of such. corporation, authorizing the sale to
the Purchaser. Said resolution shall recite that the same was duly enacted at a
meeting of said Board, called in accocdance with the corporation's By-Laws, and
that the same has not been altered, modified or rescinded.
D. Any and all instruments, in properly
recordable form, as shall be required by the Purchaser in order to render title to
the property good, marketable and insurable.
10.
RECORDING:
The Seller shall pay the expense of the Florida
documentary stamps required to be affixed to the Warranty Deed, as well as the
expense of recording all instruments, other than the Warranty Deed, which shall be
necessary in order to render the Purchaser's title good and marketable and
insurable. The Purchaser shall pay the rnortgClge loan initiation fee, or "points," as
well as the normal "out-ot-pocket" costs associated with the purchase-money note
and mortgage, as more specifically referred to in paragraph 2(B) of this Agreement.
The payment of such expenses shall be accomplished by allowing the other party a
credit therefor at the time of closing.
11. CLOSING DATJ;!. This transaction shall be closed and the Pllrchaser
shall pay the balance of the purchase price and execute all instruments necessary
to be executed for the completion of his purchase within sixty (60) days from
delivery or tender to the Purchaser, or his attorney, of the title insurance
commitment rcferred to in paragraph 3 of this Agreement, otherwise all sums this
day deposited with the above-named Escrow Agent may be paid over by the Escrow
Agent to the Sellcr as liquidated and agreed damages, in which ev~nt the Purchaser
shall have no further right, title, interest or claim in, to or against the said
property or the Seller by reason of this Agreement. Notwithstanding anything
hereinabove or hereinafter set forth or implied to the contrary, however, it is
specifically understood and agreed that the Purchaser shall not be obligated to
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close this transaction until such time as the Seller shall have completed the land
development phase of Phase I of the subdivision more specifically described in
paragraph 1 of. this Agreement.
12. OPTION TO PURCHASE AODlTIONl\L LOTS: In the event the Seller
obtains title to additional unimproved lots in LAKES OF TARA P.U.D. Unit 1, Seller
agrees to give Purchaser the sole and exclusive right and optioll to purchase said
lots at the price of $16,000.00 each payable in cash at the time of closing.
In the event the purchaser shall fail to consummate the purchase of said lots
wi thin 30 d<lYs from the date of offer of said lots to the Purchaser, then and in such
even t th~ option shall be null and void and of no further binding force and effect.
13. REAL ESTATE BROKERS: Each of the parties acknowledges and
represents that this transa~tion has been brought about through the efforts of no
registered real estate broker or any other person, firm or corporation who or which
mayor might be entitled to the payment of a real estate broker IS commission in
connection with this transaction.
14. BINDING EFFECT: This Agt'eement shall be binding upon and inure
to the benefit of the respective parties, their heirs, executors, administrators, legal
representatives and assigns, and may not be altered, modified, varied or amended
except by subsequent formal agreement in writing, signed by the parties hereto.
15. ASSIGNABILITY: This Agreement shall not be assignable without
the prior written consent of the Seller, provided however, Purchaser may assign
this Agreement to a corporation in which the Purchaser has no less than a 50%
~
interest.
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(,L~. \- CASH SALE: 1n the event that the Purchaser elects to pay cash for
the above described property in lieu of the purchase money mortgage described in
paragraph 2(13), the purchase price of the above described property shall be
$16,000.00 per lot which shaH be payable at the time of closing.
17. .to":CONVEY AN~~g OF LOTS: In the event that tlte governmental
authorities require the use of any of the above described lots for additional parking
in conjunction with the recreational facilities, the Purchaser and Seller agree as
follows:
A. If the requirement becomes apparent
prior to closing, the Seller shall not be obligated to convey the 10 ls involved and the
purchase price set forth in Paragraph 2 shall be reduced by the amount of
$16,500.00 per lot.
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B. If the requirement becomes apparent
after closing, the Purchaser shall reconvey the lots involved to the Seller free and
clear of all liens or encumbrances. If a cash transaction was involved, the Seller
shall receive the sum of $16,000.00 per lot from the Seller If a mortgage
transaction was involved, the Purchaser shall receive a credit against the mortgage
in the amount of $16,500.00 per lot.
C. In no event shall the Purchaser be
requircd to purcllClse fewer than Iff lots or to reconvey more than 2 lots.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement in
appropriate manner, with their scals affixed, all on the day and year first above
written.
Sigrled, Scaled and Delivered
in ,the presence O(f: I (~
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S to the PU chaser /
By:
ESCROW RECEIPT
The undersigned Escrow Agent hereby acknowledges receipt from the Purchaser of
the sum of TWENTY THOUSAND ($20,000.00) Dollars, representing the lIinitial
deposi tll on account of the purchase pI" ice as set forth above agrees to hold the
sallle subject to and in accordance with the terms, conditions and provisions set
forth in the Agreement.
PADGETT, TEASLEY, NILES & SHAW
By: /ld4<!tl --I4,J
Escrow Agent
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OPTION AGREEMENT
For and in consideration of the sum of $30,000.00 Coral Gables Federal
Savings and Loan Association hereinafter described as "Optionor" hereby grants to
Barry Barson hereinafter described as "Optionee", the option to purchase the
following described property upon the terms and conditions hereinafter set forth:
I) Legal Description:
The legal description of the property is set forth on Exhibit "A" which is
attached hereto arid made a part hereof.
2) Purchase Price:
The purchase price of the property shall be $1,050,000.00. Optionee shall
have a period of 30 days from the date of the signing of this agreement within
which to obtain a bona fide firm bid as to the development costs of the property.
Optionor shall take such steps as are necessary to permit the Option.ce to obtain
said bids. Any costs incurred by the 'Optionor shall be part of the development
costs to be paid by the Optionee. Should the bid for developing the property be in
an amount so as to increase the cost of each developed lot (including the cost of
the raw land) beyond $l6,500.00, Optionor will a~just its sales price sufficiently to
reduce the lot cost to $16,500.00 per lot (including land development costs). Prior
to reducing the sales price, the Optionee has the sole right to determine that the
bid is bona fide and represents the lowest cost of developing the property.
3) Term of Option:
This option must be exercised within 90 days of the date of the closing of
the lots described in Paragraph I of the Agreement of Purchase and Sale of even
date herewith relating to LAKES OF TARA P.U.D. Unit I by written notice of its
exercise delivered to the Optionor within said period. If Optionee shall fail to
deliver written notice of the exercise of its option within said period, the option
shall terminate and no part of the consideration paid for this option shall be
. refunded. Should Optionee exercise the option within the time prescribed, the
consideration paid for this option shall apply to the purchase price.
4) Payment of Purchase Price:
The purchase price for the above described property shall be paid as follows:
Optionor shall grant Optionee a purchase money mortgage equal to 85% of the total
of the acquisition and development cost of the land. The interest rate to be paid by
the Optionee shall be that charged by the Association for loans of a similar type at
the time of the closing of the loan. Loan cost will be 1% of the loan amount plus all
out of pocket expenses, including documentary stamp tax, intangible tax, recording
fees, title insurance premiums, and attorneys fees. The Optionor will retain, at
Optionee's expense, a registered engineer of Optionor's choice who will review the
bids for the development of the land, make inspections of the work, and will
approve all draws. The mortgage will contain a provision for the release of
individual lots upon the payment of a release price equal to 110% of the quotient of
the mortgage amount divided by the total number of lots described in the
mortgage.
The balance of the purchase price, of which the above option price shall
constitute a part, is payable by cashier's check at the time of closing.
5) Closing Date:
.
The purchase of the above described property shall be closed and the deed
shall be delivered within 30 days of the exercise of the option by the Optionee, but
in no event less than 15 days from the date of delivery of the title insurance
commitment.
6) Evidence of Title:
The Optionor shall within 15 days of the receipt of the Optionee's notice of
exercise of the option deliver a title insurance commitment to the Optionee
showing the Optionor to have marketable title to the above described premises. If
title is found to be defective, Optionee shall have 15 days from the date of the
receipt of the title insurance commitment to notify the Optionor in writing
specifying the defects. If the said defects render the title unmarketable, the
Optionor shall have 90 days from the receipt of such notice to cure the defects and
if after said period Optionor shall not have cured the defects, Optionee shall have
the option of: a) accepting the title as it then is, or b) demanding a refund of all
monies paid hereunder which shall forthwith be returned to the Optionee and
thereupon the Optionor and the Optionee shall be released from all further
obligations to each other under this agreement.
7) Conveyance:
Optionor shall convey title to the above described property of Optionee by a
Special Warranty Deed subject to:
a) Zoning and/or restrictions and prohibitions imposed by governmental
authority.
b) Restrictions, easements and other matters common to the neighborhood.
c} Taxes for the current year.
d) The matters set forth on Exhibit "B."
8) Place of Closing:
The closing shall be held at the office of the Optionor'S attorney.
9) Expenses:
The State documentary stamp tax on the deed, the cost of recording any
corrective intsruments and the owner's title insurance premium shall be paid by the
Optionor. The documentary stamp tax, the intangible' tax and all other costs
associated with the mortgage shall be paid by Optionee.
10) Proration of Taxes:
Taxes shall be prorated based upon the assessment and millage for the
current year if available. If not, the taxes shall be prorated on the prior year's tax
and the tax-es will be re-prorated based upon the actual tax bill when it becomes
available.
H) Assignability:
The rights of the optionee under the terms of this agreement shaH not be
assignable, provided however Optionee may assign this Agreement to a corporation
in which Optionee has no less than a 50% interest.
12) Default:
If the Optionee fails to perform any of the covenants of this agreement all
monies paid or deposited pursuant to this agreement shall be retained by the
Optionor as agreed and liquidated damages in full settlement of any claims for
damages by the Optionor against the Optionee. If the Optionor fails to perform any
of the covenants of this agreement, all money paid or deposited pursuant to this
agreement by the Optionee shall be r~turned-to the Optionee upon demand, or the
Optionee shall have the right of specific perf9rmance.
13) The Optionee acknowledges that the property is being sold without
representation or warranty as to its condition or as to the cost of development.
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This Agreement entered into this 0' day of blt2~" 1984.
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A '^RCtl. Or LAAO LYlNa IN T'H!: ~A~ SUO rAAItS CO~P^H'l' trL....T NO. ., ~
SE~TI0M 30, TOWNSHIP 45 SOUTH, RANG! .] tAST, ~lCORO(D IN PLAT aOOl ~,
PAG~ 7J 01' THE P'UB~lC RCCORDS or' P,l."LX 8t.AClJ COUNT"t, 't..~10^, aelJ..K;
JItORE PARtIcuLMLr DESeR-IBC) AS rOLLCllts.
ISl:CIH'XIPC 1.1' f'tiE MOST soonrwFSTERLY COR..Hr::R or LMts 0' T>...RA P.U.O.
UlflT 1, AS JU;COADED Xl( P1....AT SOOt c" P}..crs 102 1J1D 103, P\HSt.IC
RECORDS, l'A.L.JIt Bf:.ACU COUNTY, tLORI0A., THDiCt. HORTH Ol.J7'.~. lH,ST.
A.LONC THE BOUH"bA.Rl' or SAID PLA.T or t...UtS or ~"RA P.U.O.. UNIT 1, A
DIS~AHCt or '53.01 '~rTl T8~ct, ~R~ a'.~2'lS. tAST, COHTI~UINC
.u.00IC SAID P1..AT 8OOJlOMr, A DlS"TAACt or 147.;a rEtT, T1:tDlcr. hOR;!!
01-20'0'- Vl:S1'.. CCliTl)(UIl<<4 ,UQHC SAID P1..AT BOOHOAAY. .... OISTAJoICt or
270.00 'tt~1 TH~Ct. MaRTH aa-22'l~. tAST. CCWTINUINC. ALONG SAID PLAT
fY.)O-WO,uY.. .l. DIST....HCE or 2'0.00 tCtT, 't1itNCt. HORTH Ol-20'c:la'" \ic.5't.
COHTIHUINC AL~C S~IO PL~T &OOHDAAr. A 01S?~[ or 11.13 rECTI THtNCE.
SOUTH 8&.J~'55. ~T, C~TIHUl~ .ALONe SAIO PLAT BbuNO~~. A OlST~(~
or a,.'s tlETI TH~ct. ~RTH 01.20'OS- WEST, CCHTI~UING ALONe SAI~
PLAT &OUHOAAJ. ~ ClST~E or !O.O' 'ltT, TH~Ct. NORTH 88.3~'~5. WEST.
Ct,A)Tl~ SAID Pt..A1' or L.Ut.S Ot' 'TAAA P. U.D, UNIT 1. A OlST.u:Ct ~p
l~e.O' rtt~ TO THt POl~T or CURV^~Rt or A' CURve to THE LErT. HAVI~ A
~IUS 01'. ..0.00 rEET, Ttft..HCt, WESTERLY A.!.ONC SAIO CURVE, ~HtlCL'C~ '.
C~~AL ~~E or 1'.0"5'., A OIS'TAHCt or 160.~' r(tT ~ THe PulHT _?
RtVt.Rst ctJ~YA't'URE or A ClJ~Vt TO THE RIC~T, II^Vl~C A RADIUS cr 4CO.OJ
n:tT I THtNCE. W&.STtRL Y ALOf<<; 5....10 CURVt. THROUCH..... CtHTRAl.. A!-.tCLE tr
1)-)")5., A D1ST~~CE ot '5.25 reET TO tHe POIN~'O' TANClSCY: TH[~Ct:
~ '5.5~'4.. ~EST. A DIST~t or 2~1.~2 ,tt~ TO rHt POIST or
C"JRV....ruRt ot' A. C\JRVt TO THE RIGl:l't HAVlttC A R.ADIUS or ~oo.oo fet':',
YHD'Cl. 1IL'tsT[RLY Al.Ct-lG SAID CURV~ TM~OL'CH A Ct!'ii"RAI.. ANCt.t Cf"
)Q-.1'.'-. A OlS~ANCtor 214.30 FrET TO ~lt POiNT or RcveRse C~RVA~o~
07 A cuavc TO THC L~rT, ~^Vl~ A RA.Dl~S or ~80.0D reCTI ~"(~cr.
t:lts-rrltLY AJ....CHC SAID CURVe: THROOCH A ct~nA.l.. ).Nl.,;t.1: or ~ 8 -12'! 9 -, .,
DlST~t or 23'..2" rrtT TO THt POtN~ or fAHC[NCYI THENC~. SOUTH
'1-:Z:Z'l~- wr:sT. A' OlSTAJfCt or 370.2. "[:':1', TJi!:HCt. SOUTH OO'J3#ljA
~r, A 01STkHC~ or 'l'.I' rtr:T TO A. ~l~~ l~ ~H( ~~1'~ RICH~ or \At
Ll~e or ~E ~O.TH ORAl)(AGt DISTR!CT, ~TC~AL 2' C~~^LI tHCNCt. ~c~~~
al.22'1~. UST,. A.t.(;lNoG SI'10 ItIGHT or WA't LUU:. A. OISTAH<:t Or 1003006
TetT ~ ~C POINT or 8CCIHHIHG (P.O.8.).
: C~:TAIJlU.x:. :12.407 ACRts,' I'ORE OR l..t.SS.
SUa.JlC'1' TO t>.sutHTS, RtsT'RIC':'IOtlS, Rt.SUVATIOHS MO RIGHTS-c.r-.A'l 0F
l~CORD .
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SCHEDULE A. PAGE 1 OF 2
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ftECOAO VERIFIED
PALM BEACH COUNTY F
JOHN B. DUNKLE
"
FUND OWNER'S FORM
SCHEDULE B
Policy or Guarantee No,: OP-590302
This policy or guarantee does not insure against loss or damage by reason of the fonowing exceptions:
I. Taxes for the year of the effective date of this policy or guarantee and taxes or special assessments which are not shown as
existing liens by the public records.
2. Rights or claims of parties in possession not shown by the public records.
3. Encroachments, overlaps, boundary line disl'utes, and any other matters which would be disclosed by an accurate survey
and inspection of the premises.
4. Easements or claims of easements not shown by the public records.
S. Any lien, or right to a lien, for services, labor, or matcrial hcretofore or hereafter furnishcd, imposcd by law and not
shown. by the public records.
6. Easement granted to City of Boynton Beach, by Instrument dated May 17, 1977, filed
June 29, 1977, and recorded in Official Records Book 2700, at Page 119, of the Public
Records of Palm Beach County, Florida.
7. Easement granted to City of Boynton Beach, dated April 26, 179, filed May 18, 1979,
in Official Records Book 3062, at Page 645, of the Public Records of Palm Beach
County, Florida.
8. The easement rights reserved unto High Point of Delray Builders No.2, Inc., as
described in that certain Partial Release of Mortgage filed August 18, 1983, under
Clerk's File No. 83-162280, of the Public Records of Palm Beach County, Florida.
9. Those certain Letter Agreements between High Point of Delray Builders No.2, Inc.,
and Congress, Ltd., dated February 18, 1981, and dated November 18, 1982, copies of
which are attached to that certain unrecorded Assumption Agreement dated'August 16,
1983 between High Point of Delray Builders No.2,. Inc., and Tara Development Group,
Inc.
10. Easement Agreement between Coral Gables Federal Savings and Loan Association and High
Point of Delray Builders No.2, Inc., dated July 18, 1984, in Official Records Book
4301, at Page 1123, of the Public Records of Palm Beach County, Florida.
11. Easement Agreement between Coral Gables Federal Savings and Loan Association and High
Point of Delray Builders No.2, Inc., dated July 18, 1984, in Official Records Book
4301, at Page 1130, of tbe Public Records of Palm Beach County, Flroida.
FUND Form OG/DP/OPM.-SCH. 11 {Rev. 1(77) (11/82 DSI10M)
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D. & L. ENTERPRISES
G7e8 TAFT STREET
HOLLYWOOD. FL 33024
2173
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I ;L~ J'~~~:W\) l~__C_~_~__~~ SK~:____ ~J2_~~__-_~
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s~ Rmerican BaQk
/ //- ~rJ - ---ofllollywood "
/" - ,n '\ U~"""\.j~LL'!J4'OO[)' f-LO;>iPb 2f:E1
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FOIL _ ~.~ ~ _ __ ___ ~~~-.":5>__ -__(~~'
____ _ -------13::/3 w-rt
_ ___on _____________ ..-______=_J $ 3q Ow ~'
.____n___ _________m______ ___ --____________~DOLLAHS
63-80852
670
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11'00 2.7:1'" tiJl:O b ?00808 71:
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5 200 2 q 7 ~ 8111
11
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.(1: m. ambrose associates, inc.
~ l\ consulting engineers - land surveyors
,\~bMay 7,1985
Mr. Thomas A. Clark, P.E.
City Engineer
City of Boynton Beach
120 N.E. 2nd Avenue
Boynton Beach, Florida 33435-0310
RE: Plat No. II, Lakes of Tara
Job No. 83-406
'..10 ~,
. C~
-,"~//"'"
Dear Mr. Clark:
Pursuant to your letter of April 22, 1985, please receive the follow-
ing itemized responses:
~., 3. - 7., 14.) These'item~ will be responded to
by a resubmittal of the revised plat by separate
cover.
~.) The bicycle path has been extended to the
roadway at Tara Lakes Drive West.
~8.) The angle of repose has been redrawn to show
a shallower slope, 3:1, where fill may be required
to attain the approved site plan lake dimensions.
The existing angle of repose of the lake is aproxi-
mately 2:1 below the water surface and should be
sustained with development.
9~ A note has been added to the Paving and Storm
Drainage Plan to facilitate lighting on Congress
Boulevard.
~t,~ 10~A note has been added for private street light-
~' ing with the locations of such lighting illustrated
~~ on the Paving and Storm Drainage Plan.
v(;.) Six (6) copies of a landscape plan are attached.
~2.) The tenni~ court facility will be detailed for
construction by a tennis court contractor as noted
on the Paving and Storm Drainage Plan. The tennis
court has been located on the Paving and Storm Drain-
agi Plan.
13.) A copy of the sales agreement is attached.
6190 North Federal Highway, Boca Raton, Florida 33431 (305) 997-6790
West Palm Beach 655-6151. Broward 462-2860
./J
/'
May 7, 1985
Page 2
Mr. Thomas A. Clark, P.E.
RE: Plat No. II, Lakes of Tara
Job No. 83-406
A separate resubmittal has been made to the Utilities Director on
this date. I hope the enclosed six (6) sets of plans and the latter
responses adequately address your letter of April 22, 1985. I ap-
preciate your phone notification yesterday of today's T.R.B. meet-
ing and the pending Planning and Zoning Board meeting on Tuesday,
May 14, 1985.
If you have any questions or require additional information, please
do not hesitate to call this office.
Yours very truly,
~~/Ld~
Garth Hinckle, Jr.
GH/ff
cc: Mike Ambrose
Barry Barson
d.m.ambrose associates, inc.
-
v.M. AMBIDSE ASfi()2IATES, n
March 14, 1985
LAKES OF TARA, PH II
ENGINEERlNG COST ESTIMATE
UNIT
ITEM DESCRIPI'ICN QUANTITY UNIT OOST COST
I. EARI'HW)RK
A. Clearing 14 AC $ 400.00 $ 5,600.00
B. Road excavation & stockpile on site 8,000 CY $ 1.25 $10,000.00
SUB 'IOI'AL $15,600.00
II. PAVING
A. 1~" Type II ACS:; wi 8" shell l::ase
and 12" Stabilizerl sub-tase 10,658 Sy $ 9.00 $95,922.00
B. 51 Concrete sidewalk, 4" thick 1,373 LF $ 6.00 $ 8,238.00
C. 81 Asphalt bike path, 1" OIl 4" rock ~ 1,373 LF $ 5.00 $ 6,865.00
D. 6" Stabilizerl shoulder, 7 I wide 2,148 SY $ 1.10 $ 2,363.00
SUB TOI'AL $113,388.00
III. DRAmAGE
A. CMP Stonn Sev..er
l. 15" 365 LF $ 15.00 $ 5,475.00
2. 18" 530 LF $ 18.50 $ 9,805.00
3. 24" 930 LF $ 22.25 $20,693.00
4. 30" 100 LF $ 27.90 $ 2,790.00
B. 41 diarrEter catch tasins 16 EA $ 850.00 $13,600.00
C. 4' diarrEter rnanh:>les 5 EA $ 850.00 $ 4,250.00
SUB TOI'AL $56,613.00
IV. WATER DISTRIBUTICX\1
A. DIP Water Main
l. 6" 740 LF $ 9.00 $ 6,660.00
2. 4" 1,160 LF $ 7.50 $ 8,700.00
B. Gate Valves
l. 6" 2 EA $ 320000 $ 640.00
2. 4" 5 FA $ 275.00 $ 1,375.00
C. Fire Hydrants w/6" G.V. 4 FA $1050.00 $ 4,200.00
D. DIP Fittings 2.9 'IN $3000.00 $ 8,700.00
E. Services
l. Double 30 FA $ 200000 $ 6,000.00
2. Single 24 FA 150.00 $ 3,600.00
SUB 'IOI'AL $39,235.00
..-..----..----..-.---..------------..---.----------..,.
D .M. AHBROSE ASSCCIATES, lNC.
March 14, 1985
v.
lAKES OF TARA, PH II
ENGINEERlNG COST ESTIMATE
UNIT
DESCRIPTION - -QJANTITY - "UNIT -CGST -COST
SANITARY SEWER
A. 8" VCP SeW3r
l. 0-6 I cut 1,282 LF $ 8.50 $10,897.00
2. 6-8 I cut 610 LF $ 10.00 $ 6,100.00
3. 8-10 I cut 410 LF $ 13.00 $ 5,330.00
4. 101-121 cut 110 LF $ 15.50 $ 1,705.00
B. 4 I Diameter Manholes
l. 0-61 cut 8 FA $ 850.00 $ 6,800.00
2. 61-81 cut 5 FA $ 950.00 $ 4,750.00
3. 81-101 cut 3 FA $1100.00 $ 3,300.00
C. Services
l. Single 205 LF $ 7.90 $ 1,620.00
2. Double 1,075 LF $ 8.40 $ 9,030.00
SUB 'IOTAL $49,532.00
STREET LIGHTlNG
On Site 8 FA $ 700.00 $ 5,600.00
TIM
TI.
SUBTOTAL....o.................................................0.0...$279,968.00
r.n. CONSTRUCTION SURVEYING
84 lots @ $300/lot
$25,200.00
GRANT) lUT& ........................................................ $305,168.00