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LEGAL APPROVAL ~ I .// AGREEMENT This Agreement entered into this' OUAday of June, 1990, by and between STONEHAVEN HOMEOWNERS AS~riON, INC., a Florida corporation ("Association") and BILL R. WINCHESTER ("Winchester") and MICHAEL A. SCHROEDER, TRUSTEE ("Schroeder"). WHEREAS, there are currently pending before the City of Boynton Beach, Florida, applications for Annexation, Future Land Use Element Amendment, Rezoning and Comprehensive Plan Text Amendment for projects known as "Boynton Beach Boulevard PCD" and "Knuth Road PCD" and an application for Future Land Use Element Amendment from "Low Density Residential" to "Medium Density Residential" and rezoning from PUD with a Land Use Intensity of four (4) to PUD with a Lan~ Use Intensity of five (5) to allow for the construction of 192 mUlti-family dwelling units and a church with respect to the project known as "Tara Oaks PUD"; and WHEREAS, Schroeder is the Applicant with respect to the application, known as "Boynton Beach Boulevard PCD" pending before the city of Boynton Beach, Florida and is the Contract Purchaser of the property which is the subj ect of the Boynton Beach Boulevard application; and WHEREAS, Winchester is the Applicant with respect to the application known as "Knuth Road PUD" pending before the City of Boynton Beach, Florida and as a general partner of the Partnership which owns the property which is the subject of the Knuth Road PUD application can bind the owner of same; and WHEREAS, Winchester is the Applicant with respect to the application known as "Tara Oaks PUD" pending before the City of Boynton Beach, Florida and is the Contract Purchaser of the property which is the subject of the Tara Oaks PUD application; and WHEREAS, Association represents the property owners within the residential development known as "Stpnehaven PUD" lying within the City of Boynton Beach, Florida; and WHEREAS, Association is entering into this Agreement after having a membership meeting at which a quorum was present and having received the approval of a substantial majority of its members as evidenced by a signed petition; and WHEREAS, Association and its members have had the opportunity to review the various applications and to make such inquiries with respect to same as they deemed appropriate including meeting with representatives of the applicants; and WHEREAS, Association is opposed to the development of the property which is the subj ect of the "Boynton Beach Boulevard PCD" as high density residential and to the development of the property which is the sUbject of the "Knuth Road PCD" property as moderate density residential as contemplated by the current comprehensive Plan; and WHEREAS, Association wishes to evidence its support for the approval of the application with respect to "Boynton Beach Boulevard PCD", "Knuth Road PCD", and "Tara Oaks PUD" provided the Applicant with respect to each of same agrees to assure the Association that such Applicant will, subj ect to the terms and conditions set forth below, cause certain improvements (described below) to be made on the real property which is the subject of such application and on the real property of the Association adjacent thereto; and WHEREAS, Winchester and Schroeder wish to assure the Association that they, respectively, will, SUbject to the terms and conditions set forth below, cause such improvements to be made. ' NOW, THEREFORE, in consideration of the mutual covenants herein set forth, the parties agree as follows: I. "Bovnton Beach Boulevard PCO". A. Schroeder agrees that, provided the requisite final government approvals for the Boynton Beach Boulevard PCD application are obtained, he, as the developer/owner thereof, shall make, or cause to be made, the following improvements and other arrangements in connection with the development of the property which is the subject of the Boynton Beach Boulevard PCD application: (1) The installation of a minimum twenty-five (25) foot wide landscape buffer between the project and Stonehaven PUD along the entire length of the adjacent property lines. Buffer shall include: (a) Four (4) foot high berm; (b) six (6) foot high masonry wall located in the center of the buffer; (c) Barbed wire barrier on top of the wall subject to city of Boynton Beach approval; Cd) Landscaping which consists of a minimum of two (2) rows of shade trees twelve (12) to fourteen (14) feet in height at time of planting, located on thirty (30) foot centers. One row shall be placed on each side of the wall. Tree location shall be staggered to provide the effect of fifteen (15) feet on center separation. -2- (e) Construction of wall and berm shall occur simultaneously with site preparation and prior to the commencement of construction of any buildings. (2) Maintenance of the wall, berm, and landscaping on both sides of the wall shall remain the obligation of the developer/owner. (3) All Australian pines within fifty (50) feet of the Stonehaven PUD property line along Banyan Creek Circle North and within the southernmost ten (10) acres of the Boynton Beach Boulevard PCD shall be removed by the developer/owner upon initial approval of the application by the City Commissioners of Boynton Beach, Florida. (4) Entry ipto and maintenance in effect of a contract to provide continuous rodent and pest control, such contract to be entered into prior to commencement of closing/site work to cover all of the property which is the SUbject of the Boynton Beach Boulevard PCD application. (5) Building heights will be limited to one story (maximum 25 feet) for anchor store only, balance of shopping center to be maximum of twenty-two (22) feet high. (6) All lighting shall be of low intensity and shall be shielded and directed away from surrounding properties and rights-of-way. (7) The architectural treatment at the rear of the shopping center is to match the front of the shopping center. (8) Screening and noise mitigation is provided for all exterior mechanical equipment and to be at ground level if approved by the City Commission, Boynton Beach, Florida. to be located City of B. In consideration of the foregoing promises, the Association endorses the "Boynton Beach Boulevard PCD" application and requests that the members of the City Planning and Zoning Board and City Commission approve it. II. "Knuth Road peD". A. Winchester agrees that, provided the requisite final government approvals for the Knuth Road PCD application are obtained, he, as the developer/owner thereof, shall make, or cause to be made, the following improvements and other arrangements in connection with the development of the property which is the subject of the Knuth Road PCD application: (1) A six (6) foot masonry wall shall be built -3- , adjacent to the east right-of-way line of Knuth Road from stonehaven PUD's north property line (adjacent to office building) south along the north right-of-way line of the LWDD L- 25. The Association agrees to assist the developer in obtaining approval to include this wall section in the development plans for Knuth Road PUD subject to appropriate impact fee credits. However, if impact fee credit can not be obtained, the developer/owner shall construct this wall from his funds. Where said walls meet at Knuth Road and Stonehaven Drive the placement of said walls shall be done in manner reasonably suitable to the Association. It is the intention of the Association that these walls conform with the existing layout of the present entrance into Stonehaven PUD and to accommodate IQcation of guard gates. [See II.A. (4) (c) below.] (2) The Knu:th Road PCD property owner shall be required to provide maintenance for said walls for five (5) years. (3) Construction of the wall shall occur simultaneously with site preparation and prior to the commencement of construction of any buildings. (4) The owner of the Knuth Road PCD property will participate as follows in providing additional security of Stonehaven PUD: (a) Assist in preparing applications and seeking approval for the abandonment by the Ci ty of Boynton Beach, Florida, of Stonehaven Drive from Kn4th Road to LWDD L-25 to secure the safety, well being and property values of the residents of Stonehaven PUD. These applications will commence upon approval of this project by the City Commission of Boynton Beach, Florida. (b) Construction of the following masonry wall segments which shall occur simultaneously with site preparation and prior to the commencement of construction of any buildings and (Which will not be subj ect to any impact fees credits): 1. A section of a six (6) foot high masonry wall identical to wall in II-A-(l) fifty (50) feet in length extending from the east right-of-way of Knuth Road adjacent to the existing office building parking area along the north property line of Stonehaven PUD. 2. Construction of a six (6) foot masonry wall identical to wall in II-A-(l) along the north right- of-way line of LWDD L-25 from a point parallel with the east property line of "Tara Oaks PUD" easterly to the west right-of- way line of Stonehaven Drive. Said wall section shall commence -4- from the termination point of the wall section referenced in section III below and will be the obligation of "Tara Oaks PUD". 3. Construction of an identical wall extended from the east right-of-way of Stonehaven Drive along the north right-of-way line of LWDD L-25. This wall shall be of an appropriate length, not to exceed fifty (50) feet, in order to create a suitable accented entry. 4. Provide landscaping to the extent possible adjacent to the wall sections subject, to a final determination of land area available. Provide landscaping in the form of twelve (12) to fourteen (14) foot shade trees on thirty (30) foot center in those areas where adjacent property is available within Stonehaven PUD and agrees to provide maintenance for said walls for five (5) .years. (c) Upon a successful completion of the abandonment of Stonehaven Drive, the developer/owner of the Knuth Road PCD property contribute to the cost of the construction of guard gates at the north and south entrances to Stonehaven PUD up to a maximum of Thirty-Five Thousand Dollars ($35,000.00). Type and style of guard gates along with the type of electronic entrance systems to be used with these guard gates will be determined by the Association. Upon completion of construction of all walls required to be built pursuant to this Agreement, the developer/owner of the Knuth Road PCD property shall deposit into escrow, with an escrow agent reasonably acceptable to the parties, the Thirty-Five Thousand Dollar ($35,000.00) amount contemplated by this Agreement. These funds shall be held in an interest bearing account. Funq,s shall be disbursed from this account, in an amount up to Thirty-Five Thousand Dollars ($35,000.00), in satisfaction of the Knuth Road PCD property owners obligation to contribute toward guard gate construction costs as set forth in this paragraph. Upon completion of construction or disbursement of Thirty-Five Thousand Dollars ($35,000.00), in the aggregate, the remaining funds shall be released to the Knuth Road PCD property owner. (5) Installation of a traffic light in accordance wi th governmental requirements at the intersection of Boynton Beach Boulevard and Knuth Road. B. In consideration of the foregoing promises, the Association endorses the "Knuth Road PCD" application and requests that the members of the City Planning and Zoning Board and City Commission approve it. III. "Tara Oaks PUD". A. Winchester agrees that, provided the requisite final government approvals for the Tara Oaks PUD application are -5- obtained, he, as the developer/owner thereof, shall make, or cause to be made, the following improvements and other arrangements in connection with the development of the property which is the subject of the Tara Oaks PUD application: (~) Construction of a six (6) foot masonry wall along the north right-of-way line of LWDD L-25 from the east to a point parallel with the east property line of "Tara Oaks PUD". It is the intent that his wall section connect with the stipulated wall section contained in the conditions of "Knuth Road PUD". This wall shall be landscaped in the same manner as the wall in II-A-(4)-(b)-4 and developer agrees to provide maintenance for said wall for five (5) years. (2) Creation of a twenty-five (25) foot wide landscape buffer along the ,north property line adjacent to the south right-of-way line of the LWDD L-25 Canal. That buffer will consist of landscaping which consists of a minimum of two (2) rows of shade trees twelve (12) to fourteen (14) feet in height at time of planting located on thirty (30) foot centers. Tree location shall be staggered to provide the effect of fifteen (15) feet on center separation. (3) No buildings shall be located closer than forty (40) feet from the north property line of "Tara Oaks PUD". This setback creates a minimum separation of one hundred seventy- five (~75) feet from the most northerly building to the closest individually owned south property line of Stonehaven PUD. B. Based on the foregoing, the Association endorses the "Tara Oaks PUD" application <;lnd requests that the members of the City Planning and Zoning Board and City Commission approve it. IV. Miscellaneous. A. Walls contemplated by this Agreement shall be masonry walls provided by Anchor Wall Systems, or similar construction, including pilaster caps on all columns with the Association approving the color and texture on all such walls. B. winchester and Schroeder agree to pay reasonable attorneys. fees incurred by the Association for its law firm to review this Agreement. V. Aqreement to Run with Land. It is the intention of the parties that the obligation to make the improvements and other arrangements described in this Agreement, with respect to each of the real properties which are the subj ect of the applications, shall if the applications are approved, become covenants running with the land and shall be binding upon the initial developer/owner of the property and each property owner -6- thereafter so long as that person or entity shall have an ownership interest in the property . Neither Winchester nor Schroeder shall be under any personal obligation to make, or cause to be made, the improvements and other arrangements provided for in this Agreement with respect to the real properties which are the sUbject of the Boynton Beach Boulevard peD, the Knuth Road PCD and the Tara Oaks PUD applications if the provisions of this Agreement with respect to all of such improvements and other arrangements are, by the filing of appropriate instruments, made covenants of record running with the land and binding upon the person or entity having fee simple title to such real properties. The Association shall be entitled to apply to a court of competent jurisdiction and to obtain affirmative injunctive relief to enforce specifically the full and timely performance of the obligations set forth in this Agreement concerning the m~king of such improvements and other arrangements and to enforce any such covenants of record. Any provision hereof to the contrary notwithstanding, neither Winchester nor Schroeder shall have any personal or other obligation to make, or cause to be made, the improvements or arrangements provided for in this Agreement as to any of the properties, which are the sUbject of the referenced applications, unless the application pertaining to the property in question receives all final requisite government approvals and final ordinances are adopted by the City of Boynton Beach with respect to same. (Winchester\Stonel.Agm\06/19/90) -7- Its LZ>PV f-N- (?~1A> >,-'> 0 't) L--6 MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA 11: j'J'1^,:tr.r- fH,J (t '- rut- '/;.1-> 'L , '1U-aJ J, (b 'r1vu , ,4 ~lJ DA r.:J JUNE 19, 1990 11P~o .J.q s _()D1 Description: southwest corner LAND USE ELEMENT AMENDMENT/REZONING/ TEXT AMENDMENT. Request to show annexed land as "local Retail Commercial" land use and to rezone from AR (AgricUltural Residential) in Palm Beach County to PCD (Planned Commercial Development), to allow for the construction of a 120,000 sq. ft. shopping center. Jim Golden, Senior Planner stated items E. and F. would be presented together as their issues are similar. The Planning & Zoning Board had voted to approve items E. and F. That approval was subject to staff comments and continued negotiation of the developer's agreement with the affected property owners. Staff recommended denial, the basis of which was outlined in the staff report. Mr. Golden explained the specific reasons for staff's recommendation for denial. The County had pro- vided comments which had been provided to the City Manager. Description: Tara Oaks PUD , Kilday & Associates John Lambert Van Hezewyk & Anita Louise Van Hezewyk East side of Knuth Road extended south, between the LWDD L-25 and L-26 Canals LAND USE ELEMENT AMENDMENT/REZONING: Request to amend the Future Land Use Element of the Comprehensive Plan from "Low Density Residential" to "Medium Density Residential" and to rezone from PUD w/LUI=4 to PUD w/LUI=5 to allow for the construction of 192 multi-family dwelling units and a church. G. Project Name: Agent: Owner: Location: Mr. Golden proceeded to address the Tara Oaks PUD project. This residential project is somewhat related to the Boynton Beach Blvd. pcn and Knuth Road PCD projects. Mr. Kieran Kilday of Kilday & Associates stated at the beginning of his presentation he would address general issues which would carryover to all three projects. These are different pro- jects, however, and should be considered separately. Mr. Golden explained the Planning & Zoning Board voted to approve this request, subject to staff comments and the Comprehensive Plan Amendment which incorporate the con- - 5 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 ditions of approval to mitigate the impacts. itaff r.~om- mended app~oval, but wieh . lower land use category, namely, moderate density residential instead of medium density which had been requested by the applicant. Correspondence had been received from the County T~~~fic Engineer, which indicated the ~!ic Study-dia-comply with the County Ordinance. Reference was made to a memorandum prepared by the City Forester which addressed the gopher tortoise issue, of which a significant population exists on the site. The question had been raised as to whether these should be preserved on the site or relocated. Mr. Golden noted no site existed for relocation of the population. Vice Mayor Wische asked why the Commission ~las just being advi.ed of the 90pher tortoise situation. Mr. Golden responded the Comprehensive Plan required the developer to hire a consultant to do an environmental analysis, including endangered species. This is done prior to development and hasn't taken place in this instance yet. Staff will generally do a preliminary reconnaissance even though they do not have full expertise on staff to do these studies. Mr. Golden didn't recall this coming up when the original PUD was approved. Discussion ensued. I City Manager Miller pointed out the environmental concerns have to be met before developmental orders can be issued by the City. To have a developer undertake studies at his own expense prior to the site plan process can end up being a heavy cost as well as b~rden the whole process. Mr. Cannon remarked discussion had taken place with the applicant and he felt they had arrived at a way to allow for preservation of the population on the site. Discussion took place about the difference between moderate and medium density for the project. Relative to calculation of the density, Mr. Golden stated it would be 9.68 for the entire PUD which would include the church site and the water tracts south of S.W. Congress Blvd. The actual density, since they are putting all the units north of S.W. Congress Blvd. would be higher. Mr. Kieran Kilday proceeded to address the locations of items E., F. and G. He produced numerous maps of .the area and stated they were in the process of consolidating the parcels to bring them into the City in the next few months. He pointed out where one of the parcels was wrapped by existing City boundaries. Another parcel abutts City pro- perty on its east line. As such, these parcels normally would be annexed when they came in for any sort of water service agreement. - 6 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 Mr. Kilday made available a synopsis of each project which provided the response the developer had produced on the Planning concerns of staff. A fact sheet on the projected tax revenues was also made available as well as information on employment estimates. Also provided was an updated, exe- cuted agreement between Stonehaven Homeowners Association and Messrs. Winchester and Schroeder. aetween 107 and 109 property owners had signed in support of this agreement. It was noted that all three of the projects abutt Stonehedge PUD or Banyan Creek. Mr. Kilday referred to an effort to provide mitigation where the projects would abutt those residential developments. He stated the conditions offered in the executed agreement were being offered as conditions of any approval at this meeting. Not only would they be between the two parties but Mr. Kilday stated they would have the force of the City. , / Remarks were made about Stonehaven Drive. The residents currently have a problem related to one existing shortcut which exists to avoid the intersection. Up until the current time, the Fire and rescue services had said it's good to have an alternative. In the agreement, the deve- loper \laS agreeing to build all of Knuth' Rd. from where it terminates to Woolbright Rd. Once this is done, there is no good reason for people to be cutting through neighborhoods. Based on this, the homeowners were interested in privitizing their roads. Mr. Kilday proceeded to.make specific comments on the three individual projects: Boynton Beach Boulevard PCD In laying out the site, the main concern was that the acti- vity areas, signage and lights all be toward the intersection which is already commercialized. In doing that, service ends up at the rear of the buildings. To accommodate that, Mr. Kilday stated they tried to keep the buildings away from certain areas as well as provided signi- ficant buffered areas. The buffered areas would be a mini- mum of 25' wide. Within that space, a 4' high berm would be built up with a 6' wall on top of the berm. If the deve- loper can obtain appropriate approval, they had agreed to put barbed wire on the back wall. They had agreed to pro- vide a landscape program, including a street scape program on both sides of the project. Mr. Kilday stated they would provide an access easement to provide access to the Post Office. Mayor Moore requested input from the public. - 7 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 Mr. Roger Bennett, President of Stonehaven Homeowners Assoc. stated 109 of the 166 homeowners in his development were in favor of the three projects as presented and as a whole agreement. He referred to efforts made to mitigate impact. By supporting these projects, Mr. Bennett felt the residents had a chance to control what is around their community. Remarks were made about the zoning and negative possibili- ties that Mr. Bennett felt existed if this were not approved. Other remarks were made by Mr. Bennett about pri- vitizatfon and traffic problems which have existed. Mr. Bennett polled the Commissioners on how they individually felt about the privitization. Most of the Commissioners responded favorably, so long as the Fire and Police Depts. accessibility and safety concern. were met. Discussion took place among the Commissioners on how to organize the input from the public and time limits on speaking. It was noted on each of the three projects, a total of 30 minutes would be allowed. This would include 10 minutes for the developer's presentation, ten minutes for those in favor to speak and ten minutes for those in opposi- tion to speak. Cormac Conahan, representing Boynton JC1, owners of the Boynton Beach Mall produced a letter expressing objection to all three amendments. He stated they would address this topic again when the projects come back for another hearing, after DCA review. Mr. Conahan didn't think this was before the Commission in a timely fashion. He felt traffic impacts in certain intersections do not support the proposal at this time and it was inconsistent with the Comprehensive Plan, as well as County and State provisions. He referred to other development which is way ahead of this in terms of already approved projects, which will impact the traffic issues. Mr. W. Mark Barry, Vice President of North American Acquisition Corp. addressed the Commission. He stated they were an investment company and were the owners of the Boynton Plaza which is the publix shopping center at the corner of Boynton Beach Blvd. and Congress Ave. Mr. Barry was in opposition to Agenda items E. and F. (the two shopping centers). He felt additional retail development would bring hardship to existing tenants of shopping centers in the area. He referred to an over supply of retail space and vacancy rates. Comments were made about excess retail development impairing future development in the community, including the redevelopment of the downtown area. Barbara Alterman, Assistant Palm Beach County Attorney stated she didn't intend to speak for or against the appli- - 8 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 cations but she needed to bring something to the Commission's attention. The Municipal Implementation Ordinance was adopted by the Board of County Commissioners on February 1, 1990. That Ordinance requires that any application must be complete prior to February 1, 1990, in order for a project to be considered exempt from the 1990 Traffic Performance Standards. Based on the County's understanding, the application for this project may not have been complete prior to February 1, 1990. Therefore, the two shopping center projects would not be considered "previous approval" and would be subject to the 1990 Traffic Performance Standards. Mayor Moore asked Tim Cannon, Interim Planning Director if this application had been filed timely. Mr. Cannon responded they were filed timely. The question is how you define complete. The~ found the applications to be substan- tially complete and went ahead and started processing. They did make a list of items that \iere missing. The applicant and County were provided with that list. Mr. Cannon stated in their judgement, the applications were complete enough to start processing them. They considered them to be complete. Ms. Alterman noted nothing had been submitted officially yet to Palm Beach County. At such time as the City approved a development order on these projects, the City was required under the Ordinance to submit to the County a previous approval determination, if so desired. Then the County had a certain amount of time to evaluate and determine whether it agreed with the dete~mination or if they wished to challenge it. Ms. Alterman had spoken to Mr. Kilday who had indicated the developer really couldn't take a 30 day post- ponement. The County requested a condition be added to any development order the City might approve, that would state if not found to be a previous approval, the developer would have to meet the traffic performance standards for 1990. The Mayor asked if the County arbitrarily and unilaterally makes that decision. Ms. Alterman replied they do not. She stated, according to the Ordinance, guidelines are set forth and if necessary, there could be a challenge. Discussion took place on the definition of complete as defined in the Ordinance. Ms. Alterman was present to alert the Commission to the fact that there was information which indicated the applications may not have been complete in time. They were not making that determination at this point. She asked the Commission to consider that when they were considering approval. Mr. Phil Leslie, President of COBRA didn't feel these plans conformed with the City or County Comprehensive Plans, nor - 9 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 COBRA's recommended growth control. He stated there was no need for the.. projects aa the Boynton Beach Mall was just a short distance away and there were numerous other shopping centers in the area. Remarks were made about negative impacts on residential areas such as increased traffic, noise, litter, etc. Mr. Leslie referred to some nearby residents expressing support for these projects and the fact that the developer was willing to spend a considerable amount of money doing certain things for those sUbdivisions. THE PUBLIC HEARING WAS CONCLUDED on Boynton Beach Blvd. PCD. It waS announced that an advertised Public Hearing will be held atter the land use amendment is reviewed by the DCA. Discussion took place with Mr. Kilday about the applications having been submitted prior to February 1, 1990 and Mr. Kilday remarked they were deemed to have been complete applications. Mr. Kilday referred to a lag in time in the City getting its concurrency ordinance and the County sub- sequently not receiving an important list of projects from the City. Commissioner Olenik asked if the Commission approved this project, would they be placing the Sear~ project further in jeopardy relative to the Traffic Performance Standards Ordinance enacted February 1, 19901 He noted the Regional Planning Council had objected to the project based on traf- fic impacts. The City was taking the matter to the Governor and his cabinet for an appeal. He asked how County staff would perceive this. M~. Alterman did not believe any approval on this project would affect the DRI project. She repeated if this is a complete application, the 1990 stan- dards would not apply to it. If it was not a complete application, these projects would have to comply with the new standards. It would not affect the DR! in any way. Ms. Alterman understood the application had been filed on January 31, 1990. The Ordinance went into effect the next day. She thought there was certain scrutiny that goes on and she stated there had been indications from staff on both sides that there may be some problems with the application. In response to a question raised, Mr. Cannon noted if the application was found to not have been completed in a timely fashion, and they had to adhere to the 1990 standards, this would mean toe developer would have to make additional improvements to some of the roadway links or possibly reduce the square footage of the projects. Mayor Moore was concerned that the County was raising this issue so late in the process. Ms. Alterman referred to the contents of a June 5, 1990 letter to Jim Golden from Allen Enis, Traffic Engineer for Palm Beach County which raised - 10 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 certain issues. Discussion ensued. Commissioner Olenik remarked if the Commission chose to approve these projects, it really had no bearing on certain issues between the deve- loper and the County. Knuth Road PCD Mr. Kilday explained that in the County's Comprehensive Plan the northern 450' had a commercial high-intensity designation. The back portion of the site had a designation to allow commercial recreation because of an existing approved development plan that would allow for the develop- ment of a golf and tennis center on that site. Mr. Kilday stated he did not believe this use was the best use for the site. providing a golf driving range with lights and night use, he believed would be a bother to residents. The deve- loper had therefore asked for approval of a PCD. The City's Comprehensive Plan indicates the front 250' of the project should be allowed to develop as local retail commercial and the south part of the project should be used for moderate density residential. Mr. Kilday stated the neighbors needed to chose whether they wanted moderate den- sity to the west or whether they wanted~igh density located next to the Post Office. Comments were made about an existing 6' chain link fence and landscaping between Quail Ridge and the north side of the site. Mr. Kilday also referred to an existing 30' road right-of-way which had never been developed along the west property line. This resulted in a 55' buffet along the west line and a 25' buffer along the south. Because of the golf course area, the nearest residence would be 450' to the south. To the west there were no residences between the site and the main access road to Quail Ridge. Mr. Kilday explained the location of a wall the developer had agreed to provide for the Stonehaven development. Also, upon privitization of the roads, contributions would be made toward that development's guard gates. The developer had asked that either Knuth Road PCD or Boynton Beach Blvd. PCD (Whichever project moved first) be responsible for the construction of Knuth Road down to Woolbright Rd. Mr. Kilday clarified the responsibil.ity for the segment north of the residential project should be picked up by the commer- cial center. Mayor Moore asked if there was any public input. Cynthia Greenhouse, 618 N.E. 13th Avenue, Boynton Beach stated her Planning & Zoning Board vote in support of the two PCD projects was predicated on specific language being - 11 - --------------------".------- ---- ---. -~-,.~---_._--_.- MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 placed on the Master Plan before the Chairman of the Planning & Zoning Board signed it. This language dealt with the projects being required to comply with applicable County traffic standards. She stated this issue should not be a surprise as it was discussed at great length by the Planning & Zoning Board. Mrs. Greenhouse noted the developer was creating the impact and he should be responsible for completing the road links. Mr. Kilday responded the loper would meet all requirements of the Ordinances. .tood by the language put on the Master Plan. Other were made. deve- He remarKS Malcolm Sullivan, 3628 Royal Tern Circle, Boynton Beach, President of the Quail Ridge Property Owners Association stated their Association was concerned that should this be developed as proposed, residents would find themselves staring at the unattractive rear of an expansive building with dumpsters, loading noise, etc. Mr. Sullivan didn't feel the proposed plans complied with the City's Future Land Use Plan and he thought the plans should be denied. He was very concerned about the conversion of Knuth Rd. into a narrow, major thoroughfare through a succession of residen- tial complexes. - As there was no further input from the public, THE PUBLIC HEARING WAS CLOSED. It was announced that a second Public Hearing will be adver- tised and held prior to the adoption of the Land U5e Amendment. Commissioner Olenik asked if a retail oil/lube type establishment could be built there if these two parcels were rezoned to PCD? Mr. Cannon responded affirmatively and explained. Discussion took place regarding current zoning, potential increases to the tax base and vacant commercial properties that exist. Mr. Kilday stated in order to get financing for these projects they would have to have tenants "in hand." Commissioner Olenik expressed concern relative to the large farcel on Winchester Park and Boynton Beach Blvd. Although not directly related to the items on the current Agenda, he requested enlightenment on what that parcel might bring. He thought that could impact smaller parcels on Boynton Beach Blvd. Mr. Kilday explained those properties were designated high intensity commercial in both the City and County Plans. Mr. Kilday stated he could probably withdraw the two appli- cations on the Agenda (West Boynton Beach Blvd. Retail/Oil-Lube and Old Boynton Road/Congress Avenue Service Station), because those pieces have been absorbed in the - 12 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 greater project. HPo referred to a single project of unified architectural theme. Their planning was to hold a pre- application conference by mid-July for Treasure Coast. APplication would be made shortly thereafter. Mr. Kilday remarked the developer had no problem with restricting the auto service use from both of the subject sites. Discussion ensued among the Commissioners. Commissioner Weiner thought if these projects were approved, it would have a negative impact on downtown redevelopment. Motions on Boynton Beach Blvd. PCD In connection with Item E., the Boynton Beach Blvd. peo, Commissioner ol.nik moved to approve the Land Use Element Amendment to show the annexed land from Agriculture Residential to peDe Vice Mayor Wische seconded the motion. It was noted the PCD will still have to come back before the Commission for Site Plan approval. A comment was made about the possibility of this being approved and then the owner selling the land. If this were to occur, the benefits to Banyan Creek might not take place. Mr. Kilday responded this was addressed in the agreement and.he had asked that these conditions be placed in the zoning so it would automa- tically bind any future owner to those same agreements. Mr. Kilday read out loud the exact language which would run with the land. City Attorney Cherof noted the City was not a party to this agreement between the developer and the adjoining subdivisions.. Mayor Moore called for a vote on the motion. The motion carried 4-1. Commissioner Weiner voted against the motion. A few minutes later Commissioner Weiner stated she wiShed to change her vote. The final vote on this motion was there- fore 5-0. Commissioner Olenik moved to rezone the parcel known as Boynton Beach Blvd. PCD from Agriculture Residential in Palm Beach County to PCD within Boynton Beach. The motion was subject to staff comments and representations made by the developer. Vice Mayor Wisch€ seconded the motion. The motion carried 5-0. Commissioner Weiner later stated she wished to change her vote. The final vote on this motion was therefore 4-1. Commissioner Olenik moved to amend the text of the Boynton Beach Comprehensive Plan pursuant to Planning Dept. Memorandum No. 90-157. This was with the exception that exterior mechanical equipment may be ground mounted. The motion was seconded and carried 4-1. Commissioner Weiner voted against the motion. - 13 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 Mr. Cannon stated the property would have to be annexed before the Commission could take final aotion on the land use amendment and rezoning. It would appear on the same upcoming Agenda. In connection with the land use amendment, Mayor Moore remarked there would be another advertised Public Hearing after DCA review. Motions on Knuth Road PCD In connection with Item F., Knuth Road PCD, Vice Mayor Wische moved to approve the Land Uae Element. Commissioner Artis seconded the motion. Commissioner Olenik expressed concerns over the composition of Boynton Beach Blvd., west of Knuth Rd. He thought it needed to be a less intense use. Other opinions were expressed. Mr. Kilday stated in the final development there were certain uses they would be willing to restrict on the site. The Mayor called for a vote on the motion. The motion carried 3-2. Commissioner Weiner and Commissioner Olenik voted against the motion. # Vice Mayor Wische moved to rezone the property from Agricultural Residential to PCD. Commissioner Artis seconded the motion which carried 3-2. Commissioner Weiner and Commissioner Olenik voted against the motion. Vice Mayor Wische moved. to amend the Comprehensive Plan language as recommended by staff. Commissioner Artis seconded the motion which carried 3-2. Commissioner Weiner and Commissioner Olenik voted against the motion. In connection with the land use amendment, an advertised Public Hearing will be held after DCA review. Tara Oaks PUD Mr. Kilday explained the plan currently approved for this site allowed for 78 lots in a row on Knuth Road with two cul-de-sacs coming out onto Congress Blvd. Knuth Rd. would also connect to Congress Blvd. This plan, with those restrictions, had been sitting dormant for some time. The plan had been redesigned so as to protect the residential property owners. All units had been taken from the south side. Mr. Kilday pointed out on a map where a church was to be located as well as a lake with open area. Modifications on the plan met concerns of staff. He pointed out an area inhabited by gopher tortoises and stated this would be set aside, subject to State approval. They were asking for 192 - 14 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 units. Remarks were made about wa~s to be constructed to ~~ffeJ;'_ the property on the norths-ide-'of the canal area. Additional landscape berming and an expanded setback of 40' were pointed out. There will be no units abutting the sales 1/.') project to the south. Knuth Rd. will be made to connect It '(''- ~ between the canal and Woolbright Rd. ./ Mr. Kilday pointed out alterations made to the plan since it was approved by the Planning & Zoning Board~ Commissioner Olenik asked if staff had a problem with making Congress Blvd. a cul-de-sac westward. Mr. Cannon noted he had not ..en this plan. He had been prepared to suggest they dedicate the right-of-way and only be required to build it as a cul-de-sac. In the future, if the City chose, they could build it through. In viewing the plans, Mr. Cannon noted that would not be possible. Mr. Cannon stated it ~ppeared if habitat was provided for the tortoises, they wouldn't get S.W. Congress Ave. The TRB had not reviewed the cul-de-sac issue yet. Mr. Cannon remarked the net den- sity on this project was about 15 to 17 units per acre. Dtscussion ensued. Mayor Moore asked if there was any input from the public. Tom Marshall, 17 Tara Lakes Drive East, Boynton Beach, President of the Tara Lakes Homeowners Association spoke in opposition to the proposed increase in density. He thought this would probably result in rental property which he thought would negatively impact surrounding properties. Approval of medium density would be granting a special pri- vilege to the developer in view of surrounding densities and would go against the Comprehensive Plan. A petition was presented with signatures of 55 homeowners in opposition to Tara Oaks PUD. If the Commission decided to approve this project despite objections raised by Tara Lakes, Mr. Marshall stated three conditions should be made. 1) Southwest Congress Blvd. should be terminated with a cul-de-sac. 2) No dwelling units should be constructed south of the north edge of S.W. Congress Blvd. 3) Lakes of Tara should be able to provide input and approve the landscaping plans immediately adjacent to the Lakes of Tara community. Mr. Marshall thought Mr. Kilday kept diverting attention back to gratuities to be provided. The real sentiment of the public in opposition, ;n his opinion, was being buried. Mr. Marshall stated his homeowners association desired low density for that site. Further discussion ensued about densities. Staff was recom- mending this be retained at moderate levels. Mr. Cannon - 15 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 ~ stated there were also some amendments to the Comprehensive Plan that the applicant had consented to and it-was recom-. mended they be conditions of approval as well. Staff's recommendation would provide for only 146 units per acre as opposed to 192. PeQ9X Lewi. Field, 1828 Edgewater Drive, Boynton Beach stated she was a new homeowner in this area. She felt the Planning & zoning Board had granted this d.veloper special privilege rather than making the developer comply with the rules. She asked why have advice from staff if their recom- mendations are to be disregarded. She stated it gave the appearance that minds are made up before the meetings take place. Ms. Field referred to wetlands on the property. The Dept. of Natural Resources requires all properties over one half acre must have a permit to destroy wetlands prior to development. She also understood that according to long- time residents in the area, there was hazardous waste on the property. Commissioner Olenik asked that the Commission direct staff to follow up on this the next day. He urged the pres. to be cautious about printing unsubstantiated sta- tements. Ms. Field stated she had not verified the claim. Ms. Fields thought the developer should~be required to put sufficient funds in escrow to ensure privitization of Stonehaven pun and protection of endangered species on the property. Stella Rossi, 625 Whispering pines Road, Boynton Beach spoke. on behalf of the Coalition for Wilderness Islands. In con- nection with relocation of the gopher tortoises, Mrs. Rossi explained that prior development in the County had used up the supply of relocations sites. When the time limit to speak had expired, Commissioner Olenik and Commissioner Weiner wished to allow Mrs. Rossi to finish. Commissioner Olenik understood individuals were to be given three minutes. The Commission this evening had allowed ten minutes for each side but Commissioner Olenik thought really at a Public Hearing any interested person should be given three minutes to speak. There was discussion among the Commissioners and Mrs. Rossi was allowed a total of three minutes to speak. The Mayor requested a copy of the speaking policy be put before the Commission once and for all because he thought it kept changing at the whim of the Commission. Mrs. Rossi continued and stated moving species and their food source had become very costly and had not proven suc- cessful in the past. She realized there was a need for homes. She also felt development should be done in a manner - 16 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 that preserved open space and ecosystems. This would pro- duce a better quality project for the welfare of the species and the humans. Both objectives could be accomplished with some of the conditions that had been discussed. Mrs. Rossi recommended on-site preservation. THE PUBLIC HEARING WAS CLOSED. Commissioner Weiner moved that the Tara Oaks PUD request to amend the Future Land Use Element of the Comprehensive Plan from "Low Density Residential" to "Medium Density Residential" and to rezone from PUD W/LUI=4 to PUD W/LUI=5 to allow for the construction of 192 multi-family dwelling units and a church be denied. The motion died for lacK of a seC!ond. Discussion took place. Mr. Kilday stated if he could agree to moderate density, he would. The reason they came in at medium density was related to the construction of Knuth Rd. Mr. Kilday remarked the density had been moved to the northern part of the site and there would virtually be no I . density to the south. He needed the medium density in order to provide the requirements desired. He couldn't go any lower on the density. I , ( . ' Relative to the road impact fees to be received on the two PCD projects, Vincent Finizio, Administrative Coordinator of Inspection & Engineering explained why those fees could not be used to construct Knuth Road. City Manager Miller noted there were other existi~g projects of higher priority. Mr. Finizio stated when Tara Oaks said they agreed to build Knuth Rd., based upon the statement put on their plans, they would also be agreeing to comply with the County Engineer's requirement to improve other links through road impact fees. Other technical remarks were made about the roadways. Two canal crossings, at the developer's expense, are also involved in this project. Mr. Kilday stated the developer'S whole stipulation pre- sented was based on being able to do all three projects and having each of the projects pick up some of the costs. Mayor Moore asked if the developer had protection if something broke down on one of the three projects, where they wouldn't be annexed with a zoning classification where they could develop the property. Mr. Kilday stated Tara Oaks was in the City. If they couldn't come to a final agreement on the other two projects, then they would use the County plan which is heavier commercial. - 17 - MINUTES - REGULAR CITY COMMISSION MEETING BOYNTON BEACH, FLORIDA JUNE 19, 1990 Motion on Tara Oaks PUD Vice Mayor Wische moved to approve the Land Use Element Amendment/Rezoning request to amend the Future Land Use Element of the Comprehensive Plan from "Low Density Residential" to "Medium Density Residential" and to rezone from PUD w/LUI=4 to PUD W/LUI=5 to allow for the construc- tion of 192 multi-family dwelling units and a church. Commissioner Artis seconded the motion. Mr. Kilday explained the proposed church will be on the corner of Woolbright Rd. and Knuth Rd. Mr. Kilday stated language had been agreed to and it really needed to be included in the motion. Staff'had developed alternative language that tied the plan down to provide those items that the neighbors felt were a must, such as keeping the units to the north and providing for the gopher tortoises. Mr. Kilday said he supported staff's suggested amendment in that regard. The Mayor called for a vote of all those in favor of the motion. The motion carried 3-2. Commissioner Weiner and Commissioner Olenik voted against the motion. It was announced that an advertised Pub~ic Hearing will be held prior to the adoption of this Land Use Amendment. Mayor Moore declared a brief recess at 8:48 P.M. The meeting resumed at 9:00 P.M. H. Project Name: Agent: Owner: Description: Winchester Text Amendment Kilday & Associates Bill & Elsie Winchester Florida Gas Transmission Company Mall Corner, Inc. Ernest Klatt & Bill Winchester F. C. & Dorothy L. Mish E. J. & Patricia C. Rascati Marilyn R. Davis Area bordered by Old Boynton Road on the north, Congress Avenue on the east, the LWDD L-24 Canal on the south. and Knuth Road on the west TEXT AMENDMENT: Request to amend Area 7.f of the Future Land Use Element Support Documents to allow parcels under three (3) acre size to be zoned C-3 (Community Commercial) instead of PCD (Planned Commercial Development) if they meet the intent of the PCD greenbelt standards. Location: The Planning & Zoning Board unanimously recommended approval of this request. - 18 - NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the Planning & Zoning Board of the CITY OF BOYNTON BEACH, FLORIDA, will conduct a PUBLIC HEARING at 7:30 P.M. on Tuesday, April 12, 1988, at City Hall, Commission Chambers, Pineland Plaza, 211 South Federal Highway, Boynton Beach, to consider a request for REZONING covering the parcel of land described as follows: Legal Description: Tracts 121, 104 and 89 less the west 25.0 feet thereof: tracts 90, 103 and 122 less the east 260.0 feet thereof: tract 72 less the north 60.0 feet and less the west 25.0 feet thereof: Tract 71 less the north 60.0 feet and less the east 260.0 feet thereof: all being a portion of PALM BEACH FARMS COMPANY Plat No.8,. recorded in Plat Book 5, at Page 73, -. Public Records of Palm Beach County, Florida. Containing 20.16 acres, more or less (gross and net). Also described as follows: A parcel of land in Section 30, Township 45 south, Range 33 east, Palm Beach County, Florida, being more particularly described as follows: Commencing at the south quarter corner of said section run thence north 01010'26" east along the north-south quarter section line 40.0 feet: thence east 40.0 feet to the point of beginning of the herein described parcel: thence continue east 351.64 feet: thence north 01004128" east 2513.64 feet, to a point in the south right-of-way line of Lake Worth Drainage District Canal L-25 as same is recorded in Official Record Book 2063, at page 1416, Public Records of Palm Beach County, Florida: thence south 89049100" west, along said right-of-way line 347.30 feet to the easterly right-of-way line of a road right-of- way as is recorded in Official Record Book 2075, at Page 572, Public Records of t'alm Beach County, Florida: thence south 01010'26" west,' along just said right-of-way line 2512.61 feet to the point of beginning. Containing 20.16 acres, more or less, (gross and net). APPLICANT: Barry Barson, Lakes of Tara Development Corp. AGENT: Robert A. Bentz/David W. Lockmiller, Land Design South OWNER: J. L. and Anita L. Van Hezewyk PROJECT NNffi: Tara Oaks PROPOSED USE: Single Family Detached Residents LOCATION: Northeast and Southeast corners of the proposed intersection of Knuth Road and S.W. Congress Boulevard REQUEST: REZONE from R-1AAA Single-family Residential District to Planned Unit Development A PUBLIC HEARING will be held by the City Commission of the City of Boynton Beach on the above request on April 19, 1988 at 8:00 P.M. at pineland Plaza, Commission Chambers or as soon thereafter as the agenda permits. All interested parties are notified to appear at said hearings in per- son or by attorney and be heard. Any person who decides to appeal any decision of the Planning & Zoning Board or City Commission with respect to any matter considered at these meetings will need a record of the proceedings and for such purpose may need to ensure that a ver- batim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. IVED r> -... (, · T"I \,' .,," .u . ...... ~~~,:-:.J -- -~,;.:;;.;:~....~.. cc: Mayor & Commission, City Manager, City Attorney, City Planner J. Costeilo, Recording Secretary CERTIFICATE OF CORPORATE RESOLUTION The undersigned, DONALD M. KLEIN, as Secretary of LAKES OF TARA DEVELOPMENT CORP., a Florida corporation, does hereby certify that the following is a true and correct copy of a Resolution adopted by the Board of Directors of said Corporation at a meeting thereof, legally called and held in accordance with the By-Laws of said Corporation: RESOLVED, that BARRY BARSON, as President of the Corporation, is hereby authorized to execute on behalf of the Corporation any and all documents as may be necessary and appropriate to accomplish the purchase from J. L. VAN HEZEWYK and ANITA L. VAN HEZEWYK, as Trustees, that parcel of real property situate in Palm Beach County, Flor ida, consisting of approximately 20 acres, more or less, which property is legally described as Tracts 89, 104 and 121, less the West 25 feet thereof for road right-of-way; Tracts 90, 103 and 122, less the East 260 feet the reof; and Tracts 71 and 72, less the North 60 feet thereof, all of PALM BEACH FARM CO. PLAT NO.8, according to the Plat thereof, as recorded in Plat Book at Page of the Public Records of-palm Beach County, Flor Ida -; together with such additional documents as may be necessary and appropriate to enable the Corporation to re-plat, develop and obtain any and all building permits and other governmental approvals necessary to develop said property. I FURTHER CERTIFY that the foregoing Resolution was adopted at a meeting of the Board of Directors of said Corporation, legally called and held in accordance with the By-Laws of said Corporation and with the laws of Florida, that the same was enacted unanimously, and that the said Resolution is in full force and effect and has not been altered, modified or rescinded. IN WITNESS WHEREOF, I have executed the above and foregoing Certificate and have affixed the corporate seal this 3rd day of March, 1988. LAKES OF TARA DEVELOPEMENT CORP., a Florida corporation By: ~ ~::y-=-. eefuA lC~~._ ~D M. KLEIN, Secretary LAW OFFICES: KLINE, MOORE & KLEIN, P.A., GRANO eAY PLAZA,2665 SOUTH BAYSHORE DRIVE, SUITE 903,COCONUT GROVE, FLORIDA 33133 .' ASSIGNMENT OF CONTRACT FOR SALE AND PURCHASE KNOW ALL MEN BY THESE PRESENTS: THAT DONALD M. KLEIN, as Trustee and Individually, of the City of Miami, County of Dade and State of Florida, hereinafter referred to as the "Assignor," in consideration of the sum of Ten ($10.00) Dollars and other good and valuable considerations to him in hand paid by LAKES OF TARA DEVELOPMENT CORP., a Florida corp- oration, of the City of Bony ton Beach, County of Palm Beach and State of Florida, hereinafter referred to as the "Assignee," at or before the ensealing and delivery of these presents, the receipt whereof is hereby acknowledged, has granted, bargained, sold, as- signed, transferred and set over, and by these presents does grant, bargain, sell, assign, transfer and set over unto the said Assignee, its successors and assigns, forever, that certain Con- tract for Sale and Purchase bearing date the 24th day of November, 1987, made by J. L. VAN HEZEWYK and ANITA L. VAN HEZEWYK, as Trustees, as "Seller," to DONALD M. KLEIN, as Trustee, as "Buyer," upon the following described parcel of land, lying, being and situate in Palm Beach County, State of Florida, to-wit: Tracts 89, 104 and 121, less the West 25 feet thereof for road right-of-way; Tracts 90, 103 and 122, less the East 260 feet thereof; and Tracts 71 and 72, less the North 60 feet thereof, all of PALM BEACH FARM CO. PLAT NO.8, according to the Plat thereof, as recorded in Plat Book at Page of the Public Records of Palm Beach County, Florida, said property consisting of approximately 20 acres, more or less; together with the Addendum and Second Addendum thereto. A portion of the considerataion for this Assignment being that the Assignee hereby assumes all of the obligations and agrees to pay all of the payments described in said Contract now due or to become due, together with all interest, if any, specified in said Contract. Upon the performance of all of the terms and conditions and the completion of all payments as set forth in said Contract by the said Assignee, its successors and assigns, the Assignor does hereby author i ze the said J. L. VAN HEZEWYK and ANITA L. VAN HEZEWYK, as Trustees, as "Seller," to make, execute and deliver a good and sufficient Deed to the property hereinabove described, in like manner as though the original Contract had been made and exe- cuted by the said J. L. VAN HEZEWYK and ANITA L. VAN HEZEWYK, as Trustees, with the said Assignee, instead of with the Assignor. TO HAVE AND TO HOLD the same unto the said Assignee, its suc- cessors and assigns forever. IN WITNESS WHEREOF, the said Assignor has hereunto caused this Assignment to be executed in appropriate manner and his seal to be affixed this 3rd day of March, 1988. Signed, Sealed and Delivered I~ In The Presence Of: rf'rJA.. Ll ~ L)tt/ Cl ~ 77~1' d'~~ ~6M~~~ and Individually (Assignor) LAW OFFICES: KLINE, MOORE & KLEIN, P.A., GRAND BAY PLAZA,266S SOUTH BAYSHORE DRIVE, SUITE 903, COCONUT GROVE, FLORIDA 33133 STATE OF FLORIDA SS: COUNTY OF DADE I HEREBY CERTIFY that on this day, before me, an officer duly authorized to administer oaths and take acknowledgments personally appeared DONALD M. KLEIN, as Trustee and Individually, to me known to me to be the person described in and who executed the foregoing Assignment and he acknowledged before me that he executed the same for the uses and purposes therein set forth. WITNESS my hand and official seal at Miami, Dade County, Florida this 3rd day of March, 1988 ~ Flor l,da "~f""'__""_ NOTARY puBLIC STATE OF FLORIDa MY COMMISSION EXP. MAY 1. 1991 BONDED THRU GENERAL INS. UNO. -2- LAW OFFICES: KLINE, MOORE & KLEIN, P.A., GRAND BAY PLAZA,266S SOUTH BAYSHORE DRIVE, SUITE 903, COCONUT GROVE, FLORIDA 33133 ,~ C.Q 1.ACJ:.f.OHH$ALE__AN D uf>.U.BCJ!AS.1; /'" J .L. VAN HEZEWYK and ANITA L.. VAN HEZEWYK as Trustees PARTIES: ' of (Phone , ("$elle('), ), and IXNAID M. KLElli. as T..m.~e. his....norn.i.nee5-andLm:-3.ssigns , ("Buyer"), of 2665 South Bayshore Drive. Suite-9..Q3.JQCQIlULGmve.,.-.--Eloric'lrl 1111'3 (Phone 285-9793 I, hereby agree that the Seller shall sell and Buyer shall buy the following property '''Property'') upon the following terms und conditions which INCLUDE the Standards For Real Estate Transactions set forth on the reverse side hereof or attached heleto ("Standard(s)"), 1. DESCRIPTION lal Legal description of Property located in_ Pa~~~<:::h___________County, Florida: Tracts 89, 104 and 121, less the West 25 feet thereof for road right-of-way; Tracts 90, 103 and 122, less the East 260 feet thereof; and Tracts 71 and 72, less the North 60 feet thereof, all of PALM BEACH FARM CO. PLAT NO.8, according to the Plat thereof, as recorded in Plat Book at Page of the Public Records of Palm Beach County;!norlda, saidj?roperty consisting of approximately 20 acres, more or less. (bl Street address, if any, of the Property being conveyed is (c) Personal property ("Personalty") included: in the amount of . , .$ 800,000.00 .$ 10,000.00 .$ .$ S 660,000.00 .$ 130,000.00 II. PURCHASE PRICE: . , , . . . . . . , . . . , . . . . . PAYMENT: (al Deposit(s) to be held in escrow by Johnson & Callaway I Realtors Escrow Acc()l]nt (bl (e) Subject to AND assumption of Mortgage in favor of having an approximate present principal balance of . . , . . . Purchase money mortgage and note bearing interest at % on terms set forth herein below, in the (d) (e) ~:~:~PM<rftToriaT dep::)sit' '($20',000'.00)' plUS' new. :first' rrortgage' . , , ($G40,OB&;-BB) ct::i ~L ~dP'T1inmr-hermtQ. - Balance to close, (U .5. cash. LOCA L Y ORA Ncertir,ed or cas lief scheck) sub.ect to arlJustments and prorations 111. TIME FOR ACCEPTANCE; EFFECTIVE DATE: If this offer is not executed by all partIes. and the FACT OF EXECUTION communicated in wflt.ng or telegraphically between the parties on or before December 2, 1987 , the aforesaid deposit (s) shall be. at option of Buyer, returned to Buyer and the offer withdrawn and null and void The diileorContractF'Effecti~i!.Date"l shall be the date when the last one of Seller and Buyer has signed this offer. IV. FINANCING: (al If the purchase price or any part thereof is to be financed by a third party loan, this Contract for Sale and Purchase ("Contract") is conditioned upon the Buyer obtaining a firm commitment for said loan within ~_ days from Effective Date, at an interest rate not to exceed 11 %; term of ~ years; and in the principal amount of $_~40, 000.00 . Buyer will make application within-1.O_days from Effective Date, and use reasonable diligence to obtain said loan. Should Buyer fail to obtain same or to waive Buyer's rights hereunder within said time, either party may cancel Contract. (b) The existing mortgage described in Par<lgraph II (b) above has (CHECK (1) or (2)) (1) 0 a v<lriable interest rate OR (21 0 a fixed interest rate of % per annum. At time of title transfer some fixed interest rates are subject to increase. If increased, the rate shall not exceed % per annum. Seller shall, within_ days from Effective Date, furnish a statement from all mortgage'ls stating principal balances. method of payment. interest rate and status of mortgages, If Buyer has agreed to assume a mortgage which requires approval of Buyer by the mortgagee for assumPtion. then Seller shalf promptly obtain and deliver to Buyer all required applications and Buyer shall diligently complete and return same to the mortgagee, Any mortgagee charge not to exceed $ shall he paid 1/2 by Seller and 1/2 by Buyp.r. If the Buyer is not accepted by mortgllgee or the requirements for assumption arc not in accordance wlihthe terms 01 the Conti act or mortga'lee lTlilkes il charge in excess of the stated amount. Seller or Buyer mav rescind this Contract by prompt written notice to the other party unless either pArty elects to pay any increase in interest rate or excess mortgage charge. The amount of any escrow deposits held by .Jrortgagee shall be credited to Seller at closing, V. TITLE EVIDENCE: Within 30 days from~, Seller shall, at Seller's expense, deliver to Buyer or Buyer's attorney. in accordance with i~~tidSf'~g~i~~ (~~r ~lli (l~gn~~~~~T~sO~~~~d~insi;:nilii;~~~~\_~~l:ee owner's title POlicy premium to be paid by Seller at closing. VI. CLOSING DATE: fhis transaction Shiilrl:lecroseoand the Beea anootITer-closin9 pariernJo\1l'i1l!ll!d'on the day of 19 _, unless extended by other provisions.of the Contract. (See Addendum) VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: The Buyer shall take title subject to: zoninq. restrictions, prohibitions and other requirements imposed by governmental authority; restrictions and matters appearing on the plat or otherwise COmmon to the subdivision; public utility easements of record leasements are to be located contiguous to the Property lines and are not more than 10 feet in width as to the rear or front lines and 7,/, feet in width as to the side lines. unless otherwise specified herein I; taxes for year of closing and subsequent years; assumed mortg~qes and purchase money mortgages. if any; other: NrnE ____________.___ .. __. __..n__________._ ; provided, however. that there exists at closing no violation of the foregoing and same does not prevent use of the Property for __::;_~3le family home develop-nent purpose(s) VIII.OCCUPANCY: Seller represents that there are no parties in occupancy other than Seller, but if Property is intended to be rented or occupied beyond closing. the fact and terms thereof shall be stated herein, and the tenant(s) shall br. disclosed pursu3ntto Standard F. Seller agrees to deliver occupancy of Property at tim~ of closing unless otherwise stated herein. If occupAncy is to be delivored prior to closing. (3uyP.r aSSlJmp.s all risk of loss to Property and Personalty from date of occupancy, shall be responsible and liable for maintenance thereo( from said datr.. and shall be deemed to have accepted the Property and Personalty in the'r existing condition as of time of laking occupancy unless otherwise stated herein or in sr.parate writing. STANDA. ..JS FOR nEAL ESTATE THANSACTIONS A. EVIDENCE OF TITLE: (',) An abstract I)f titlli prepared or brought current by A reputatJle anri existing ahstract firm (if not ~xisting then certified as {'Orrec by an existing firml purporting tl) be an accurate synopsis of the ,nstruments affecting title tn the Property recorded in the public recorc1s of the COllnty wherein tl" Property is locattfd. through Effective Date and which shall commence with the earliest public ,!!cords, 01 such later date as may be customary in the county Sellel shall convey a marketable title, subject only to liens, encumhrances, exceptions or qualifications set forth in this Contract and those which shall be discharged b\ Seller at or belore closing. Marketabl" tItle shall be deterrnined according to applicable Tille ~tandards adOPted by euthority of The Florida Bar and in accordanc. with law, Upon closing of thIS transaction the abstract shall become the property of Buyer, suhject to the right of retenllon thereof by first mortgagee unt,l full\ paid: or (2) a title insurance commitment issued by a Florida licensed title insuror agreeing to issue to Buyer. upon recording of the deed to Buyer, an owner', policy of title insuranc.. in the amount of the purchase price. Insurinll Buyer's title to the Property. subject only to Ioens, encumbrances, exceptions or Qualification set forth in this Contract and those which shall be discharglid by Seller at or before closing, Buyer shall have 30 days, if abstract, or 5 days, if title commitment from date of receiving evidence of title to examine same. If title is found defective, Buyer shall within three (3) days thereafter, notify Seller in writing speclfy,n! delectls!. If said defect(s) render title unmarketable, as to item (1) hereinabove or uninsulable as to item (2), Seller will have 120 days from receipt of notIce withir which to remove said defect (s), and If Seller is unsuccessful in removing them within said time, Buyer shall have the option of either accepting the title as it then is or demanding a refund 01 all monies paid hereundp.r which shall forthwith be returned to Buyer and thp.reupon Buyer and Seller shall be released. as to one another of all lurther obligations under this Contract: however, Seller aqrees that Seller will, if titlp. IS found to he unmarketable or uninsurable, use cJilig~nt effort to corree the delectls) in title within the time provided therefor, including the bringing of neceSSAry s,"ls If a litle policy is being furnished, Buyer has the rinht to reC1uire thl Seller to deliver an owner'~ marketability title policy provided Buyer pays any addition~1 charlJes and makes request therefor within seven (7) days aftpr Effectivl Date. B. PURCHASE MONEY MORTGAGE; SECURITY AGREEMENT; TO SELLER: The purchase money note and mortgage, if any. shall provide for a 30 da, grace period in the event of default il it is a first mortgage ann a 15 day grace period if a second 01 lesser mortgage; shall provide for right of prepayment in whole 01 in part without penalty; shall not permit acceler"tion or intl'rest adjustment in event of resale of the Property; and the mortgage, note and securoty agreement shal be otherwise in form and content required by Seller's attorney: provided, however. Seller may only require clauses customarily found in mortgages. mortgage notes and security agreeme'1ts generally utilized by savings ann lOAn institutions, or stat!! or n"tion'll hanks located in the county wherein lh" F'rouerty is located. Thl mortgage shall require all prior Io"ns Bnd encumbrances to be kept in good standinq Ami forbid Illfldifications of or future 'ldVAnces under prior mottgagel.l. AI Personalty being conveyed will, at OPtion of Seller, be subject to the lien of a security agreement and evidenced by recorded financing statements. C. SUAVE Y; [uyer, at Buyer's expense, within time allowed for delivery of evidp.ncp. of tille and p.xamination thereof, may have the Property surveyed ant certified by a registered Florida surveyor. If the survey shows any encroachmp.nt on the Propert\ Or that improvements intended to be located on the Property ir fact encroach on sethack lines. easern~nts, lands of others, or violate any restrictions, Contract r.ovenan!s or ar>plicable governmental rpgulations, the same shall b, ~reated as a title defect. D. TERMITES. Buyer. at Buyer's expp.nse. within time allowed to deliver evidence of title ;lI\(J examination thereof, may have the Prouerty Inspp~ted by ; Florida Certified Pest Control Operator to determinf! whether the'e is any visihle active termite infestation or visible existing damage from tprmitp infestaticn in th, improvements. If Buyer is informed of either or both 01 the foregoing, Buyp.r will have fl)ur (41 days from date of wrilten notice thereof or rwo (2) days afte selection of a contractor. whichever occurs lirst, within which to have all damages, whether visible or not, inspected and estimated by a licensed building or genera contractor, Seller sholl pBy valid costs of treatment and repair of all damagf! up to 2% 01 purchil5e price, Should such costs exceed that amount. Buyer shall havl the oPtioo of cancelling Contract within five (5) days after receipt 01 contractor'; repair estimate by giving written notice to Seller or Buyer may elect to proceee with the transaction. in which event Buyer shall receive a credit at closing of an amount equal to the total 01 the treatment and rer>air estimate not in excess 0 two (2%) percent of the purchase price. "Termites" shall be deemed to include all wood destroying organisms required to be reported under the Florida Pest C?ntro Act. E. INGRESS AND EGRESS: Seller warrants that there is ingress and egress to the Propelty sufficient for the intended use as deSCribed in Paragraph VII hereo! title to which is in accordance with Standard A. F. LEASES. Seller shall, nl)t less than 15 days prior to closing,furnish to Buyer copies of all wrlUenleases and estoppellellcrs from each '(enant specifying th. nature and duration of the tenant's occupancy, rental rates, advanced rent and security deposits paid bV tenan!. In thp. event Seller is unAble to Obtain such lette from each tenaot, the same information shall be furnished by Seller to Buyer within sairJ time period in the form of a Seller's affidavit, and Buyer.may thereafte contact tenants to conlirm such inlormation, Seller shall. at closing. deliver and assign all originalleasf!s to Buyer. G. LIENS: Seller shall, both as to the Property and Personalty he;nq solrl hereunder, furnish to Buyer at time of clo51ng an Affidavit all"stlng to the absence unless othl!rwise provided lor herem. of any financing statements, claims of lien or potf!ntl.ll linnors known to Seller and lurther attesting lhat there have been nl improvementS or repairs to the Property for 90 days immf!eliately preceding date of closing. If the Property has been improved, or repaired within saio time, Splle shall deliv.., releases or 'haIV'~r:; of rnpchilnic's liens, Wl(p.cutud hV all gmllnaJ contractors, subcontracturs. suppliers. and rY1Htcr1nlnlen, in arldltinr; to Seller'~ IH~I affidavit setting forth th" "amr'~ (If all ~ur.h gener~1 COlltractors. suhcontractors, suppli'~I~ and matprialmen and further rec11"'q t"~' ", lact all bdls for w(',k to rh Property or Personalty whIch en\llrl S'"ve as a basis for a IllPcllallic's lien or" claim for d~"'ages h~ve bel'n paid or wdl be paid ~( cl('slng H. PLACE OF CLOSING C10Sll14 sll,111 be hr>ld 111 cou"ly IVh"r"in Property I~ located, at the office of thp. ~ttornp.v or othel eloslllg Jq'?"t rJeslqn3t~d bv Seller. I. TIME. TIme is of the essencl' of lh,s Contract. AllY reff!rellce hernin to time p~riods of 1"$$ tlla" six (6) days shall in tile comr>UIBtIO" Ihereof exclude SJturdav, Sundays and legal holidays, and any time period provided for herein whid, shall end on a Salu'rl~y, Sunday or legal holld'lY Shdll extend '0 5.00 p m. of the ne- lull busin~ss day, J. DOCUMENTS rOR CLOSING: 5"ller shallfurnis" deed, bill of sale, mechanic's lien affidavit, assignments of leases, and any corrective instruml'nts thar ma be reQuired in connection v,ith perfecting the tit II'. Buyer shall furnish closII'(J statement. mortgage, mortgage note, security agreement, and financing statements. K. EXPENSES: State docllmel1tary stamps which are requirrHJ to be aflixed to the instrument of conveyance, intangible t"x on and rl'cordinq of norcha! money mortqaqe to S"ller, "no cost of recoreling any correctIve instruments shall be paiel hy Seller, Documentary stamps to be affixed to thl' purc;""p' mone mortgage. cost of recording the deed and linanclllg statements shall be paid by Buyer. L. PRORATIONS. Taxes, assessments. rent. interest, insurance and other expenses alld revenue of the Property shall be prorated through rJay prior to closin- Buyer shall hav~ the optiun 01 tal(ing ov~r ilny p.xistinq pOlich!s of Insurance on the PrOp(Hly, if assumablfl, In which evan! prf!miums shall bp prorated. Cast- ; closing shall be increased or dp.creased as may be required by said prorations. All prorations will be made through day prior to occupancy if occupancy occu before closing. TalCes shall be prorated based on the current yp.ar's lax with due allowJnce marle for maximum allowable discount and ho'nestead or other exeml tioos if allowed for said year. It closing occurs at a date when the current year's millage is not fixed, and current year's assessmellt is available, taxes will be proratE based U\.lOn suCh asses~ment and the prior year's millage. If currtHlt year's assessment is not available, then taxes will be prorated on the orior year's tdX; provide. however. if there are completed improvements on the Property by January 1 st of year of closing. which improvements were not in existence on Ja'luary 1 st of th prior year. then taxes shall be prorated based upon the prior year's millage and at an e'll/itable asscssment to be agreed upon between the parties. lailinq whic~ request will he made to the County Property Appraiser for an informal assessment taking into consideration homestead exemption. if any. However. any tax pre ration based on an estimate may at request of either Buyer or Seller be subsequently readjusted l/pon receipt of tax bill on condition that a stateme'lt to that effee is set lorth in the closing statcment. M. SPECIAL ASSESSMENT LIENS Certlfll?d. confirmed and ratified special assessrnenlli~ns as of date of closing (and not as 01 Effective Datc) are to be pei by Seller. Pending liens as of date of closing shall be assumed hy Buyer. provided. however. that if the improvement has been substantially completcd as of Effect" Date. such pending lien shall be considcred as certified. conf"l1Ied or ratilied and Seller shall. at closing, be charged an amount equal to the last estimate by th public body of assessment for the improvement. N. INSPECTION; REPAIR ANO MAINTENANCE. Seller represents that, as of t"n 110) days prior to closinll. the roof. lincludll19 the lascla anti soffitsl. an walls do not have any visible eVIdence of leaks or damage and that the septic tank, pool. all major appliances. heating, cooling. electrlc)l. plumbing systems an machinery are in working condition. Buyer may, at Buyer's nxpellSC, have inspection made of said items t>y an appropriately licensed person dealing in the co, struction, repair and maintenance thereof and shall repnrt in writing to Seller such items that do not meet the above representations. together with the cost c correcting same. pri?r to occupancy or not I~ss than ten (10) days prior to c1osinel, which~ver nCCurs first. Unless Buyer reports such deficiencics within said perio Buver shall be deemed to have waived Sell....'s representations as to deficiencies not reported. In thn evellt repairs or r<,placemcnts are required. Scller shall pay UP t 3% of the purchase price for such rcpairs or replacements by an appropriatcly licensed person. However, if the cost for such repairs or replacements exceed 3% c the purchase price, Buyer or Seller may elect to pay such excess, failing which either party may cancel this Contract. In the event Seller is unable to correct t~ deficiencies prior to closing. the cost thereof shall be paid into escrow at closing. SCIlN agrees to provide utilities service for inspections upon rp.asonable notic Between the Effective Date and the closing, Seller shall maintain the Property and Personalty including bu t not limited to the lawn and shrubbery. in the conditic herein represented. ordinary wear and tear excepted. Buyer shall be permitted acc.ess for inspection 01 the Property prior to closing in order to confirm complianc with the forego 109. O. RISK OF LOSS: If the improvements are damaged, by lire or other .:asualty prior to clnsing. and costs of restoring same does not exceed 3% of the asseS<E valuation of the improvements so damaged. cost of restomtion shall be an obligation of the Seller and closing shall proceed pursuant to the terms of Contract wil cost therelor escrowed at closing. In the event the cost of re;lair or restoration exceeds 3% of thp. assessed valuation of the improvements so damaged. Buyer sh, have the option of either taking the Property as is. together with either the said 3% nr any insurance procp.eds pavable by virtue of such loss or damage. or of ca ceiling Contract and receiving return 01 deposit!sl made hereunder. p, PROCEEDS OF SALE: CLOSING PROCEDURE: The deed shall be recorded upon clearance of funds and evidence of title continued at Buyer's expens to show title in Buyer. without any encumbrances or change which would render Seller's title unmarketable from the date of the last evidence. and the procec' of the sale shall be held in escrow by Seller's attorney or by such other escrow allent as may be mutually agreed upon for a period of not longer than five (51 da from and after closing date. If Seller's title is rendered unmarketable. Buyer shall within said five (5) day period, notify Seller in writing of the defect and Sell shall have 30 days from date of receipt 01 such notification to cure said defect. In the event Seller lails to timely cure said defect. all monies paid hereunder sha upon written demand therefor and within five (5) days thereafter. be returned to Buyer and. simultaneously with such repayment. Buyer shall vacate the Proper and reconvey same to the Seller by special warranty deed and return the Personalty. In the event Buyer fails to make timely demand for refund. Buyer shall tal title as is. waiving all rights against Seller as to such intervening defect except as may be available to Buyer by virtue of warranties, if any, contained in the dee In the event a portion of the purchase price is to be derived from institutional financing or refinancing, the requirements of the lending institution as to place, tin of day and procedures for closing. and for disbursement 01 mortgage proceeds, shall control, anything in this Contract to the contrary notwithstanding. Provide however. that the Seller shalf have the right to require fr(Jm such lending institution at closing a commitment that it will not withhold disbursement of mortga proceeds as a reSUlt of any title defect attributable to Buyer,mortgilgor, The escrow and closing procedure required by this Standard may be waived In the eve fha .tlorney, titla agent or closing agent insures agaimt adverse matters pursuant to Section 627.7841, F .S. 119B3l. as amended. a. ESCROW; Any escrow agent receiving funds or eqUIvalent is authorized and agrces by acceptance thereof to deposit promPtly ann to hold same in escre and subject to clearance thereol to disburse same in accordance with terms and conditions of the Contrac:t. Failure of clearance of funds shalf not excuse perle mance by the Buyer. In the event of doubt as to esc'ow agent's duties or liabilities under the provisions of this Contract, the escrow agent may in agent's sole d cretion. continue to hold the subject matter of this escrow until the parties mutually agree to the disbursement thereof, or until a judgment of a court 01 compete jurisdictirm shall determine the riphts of the parties tht!r!lro. or escrow agent may deposit same with the clerk of the circuit court h?ving jurisdiction of the dispu' and upon notifying all parties concerned of such action. all liability on the part of the escrow agent sh,III fully terminate. except to the extent of accounting lor 31 items therfltofore delivcred out of escrnw II a lic.ensed II,al est~te broker, the escrow aejCnl will co'''pl\, ""ith provisions nl Chapter 47:,. F.S. (1983!. as 'l."end~d. the event 01 any suit between Buyc, and Seller wherein the escrow agcnt is rnade a party by virwe of acting as an pscrow agent hereunder. or In the event of any S\ wherein escrow ager t Inwrpleads the subject matter of Ihis escrnw. the agent shall be nntltled to recover reasonable attorney's lee allrJ costs incurred. said fet's a. COlrs to be charged and assessed as court costs in favor nl the prcvailinfl party. All palli"s agree that the escrow agent shall not be Ilat'lle to any P'lrty or pe..' whomsoev..r for misdelivery to Buver or Seller of itellls sublect to this escrow, unless such misdelivery shall be due to willful hreach of thiS Contract or gross nee genea on the part nf the aqent R. A TTORNF Y FEE S. COS rs: In conn"crion with any litiqation arising nut of this Contract. the prevailing party shall be pntitled to recovpr reasonable attorn,,' fees and costs. s. FAILURE OF PERFORMANCE: II Buver fails to perform this Contract within the time specified, (including payment of all depos,ts hereunder), the ( posit(s) paid by the Buyer may be retained by or for the accoLnt of Seller as liquidated damages. consideration for the execution of this Contract and in full sett ment of any claims: whereupon Buyer and Seller shall be relieved 01 all obligations under the Contract; or Seller, at Seller's option. may proceed at law or in equ to enforce Seller's legal rights under this Contract. II. for any reasnn other than failure of Seller to make Seller's title marketable after diligent effort, Seller fa lIaglec:s nr reluses to perform this Contract, the Buyer may seek specilic performance or elect to receive the return of Buyer's deposit Isl without thereby waivi any action for damages resulti'lfl from Seller's breach. T. CONTRACT NOT RECORDABLE; PERSONS BOUND; NOTICE: Neither this Contract nor any notice thereof shall be recorded In any public records T Contract shall bind and inure to t~e benefit of the parties hereto and their successors in interest. Whenever the context permits, singular shall include plural and c gender shall include all. Notice given by or to the attorney for any party shall be as effective as if given by or to said party. U. CONVEYANCE: Seller shall conyey tjtle to the ProtJerty by statutory warranty, trustee, personal representative or guardian deed, as appropriate to 1 status of Seller. subject only to matters contained in Paragraph VII hereof and those otherwise accaDled by Buyer. Personalty shall, at request of Buyer, be convey by an absolult bill of sale with warranty or title. subject to such rratters as may be otherwise provided for herein. V. OTHER AGREEMENTS No prior or present agreements or representations shail be binding upon Buyer or Seller unless ,ncluded in this Contract modification cr change in this Contract shall be valid or binding upon the parties unless in writing and executed by the party or parties to be bound thereby R..v 1/85 IX. ASSIGNABILITY: (CHECK (1) or (2)): Buyer (1) 0 n,.. assign OR (2) 0 may not assign, Contract. X. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten provisions inserted herein or attached hereto as addenda shall control all printed provisions of Contract in conflict therewith. XI. INSULATION RIDER. If Contract is utilized for the sale of a new residence, the Inslllation Rider shall be attached here(() and made part hereof XII. SPECIAL CLAUSES: (utilize space below) THIS IS INTENDED TO BE A LEGALL Y BINDING CONTRACT, IF NOT FULLY UNDERSTOOD. SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING. THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORIDA BAR. Approval does not constitute an opinion that any of the terms and conditions in this Contract shollld be ,JccP-pted by the parties in a particular transaction. Terms and conditions should be negotiated based upon the respective interests, objectives and bargaining positions of all interested persons. Copyright 1985 by The Florida Bar and the Florida Association of REAL TORS, Inc. WI November )... i, 1987 EXeC~I).yy r:> f3l1l1yyeerr, 011.___._ . ________.______________ _~.~~lCO~~ r::xJNi\LD 11:- KLEIN, as (Buyerl Trustee , !~ . ,-<".J-..LcL-t., ~___ Executed by Seller on (Buyerl N /1 ~.Jj'1 t3 r. I); OVt::ltu..Jer IV I) , 1987 WITNESSES: (Two reco~men4b~(t NOT {eQuired) , y ., ..,.// ,/11 ,-,6. - ),.'./; /.. c, I 3~t-:.--VANHE-ZEWYK, (S'eller) as,' TiUstee--- '/ ( / ANITXi:- VPN ~Z~~eller) as Trustee' / /1 / /,-. -; ;/ ~. I 1/ Or. ;. Deposit(s) under Paragraph II received; if other than cash, then subject to clearance. JOHNSCN & CALUWlAY, REAL'IDRS By: (Escrow Agent) BAOKER'S FEE: (CHECK & COMPLETE THE ONE APPLICABLE) iik (IF A LISTING AGREEMENT IS CURRENTLY IN EFFECT): Seller agrees to pay the Broker named below, including cooperating sub-agents named, according to the terms of an existing, separate listing agreement: OR o !IF NO LISTING AGREEMENT IS CURRENTLY IN EFFECT): Seller agrees to pay the Broker named below, at time of closing, from the disbursements of the proceeds of sale. compensation in the amount of (COMPLETE ONLY ONEI ~ % of gross purchase price OR $ . for Broker's services in cffectlng the sale by finding a Buyer ready, willing and able to purchase pursuant to the foregoing Contract. In the event Buyer fails to perform and deposit(s) is retained, 50% thereof, but not exceeding the Broker's fee above provided. shall be paid to the Broker, as full consideration for Broker's services including costs expended by Broker, and the balance shall be paid to Seller. If the transaction shall not be closed because of refusal or failure of Seller to perform, the Sellcr $h,111 pay said fee in full to Broker on demand. In any litigation arising out of this Contract, concerning the Broker's fee, the prevailing party shall be cntitled to rCCOVN ",asf)n"ble attorney fees and costs. lAND UNLIMITED REALTY (firm name of Broker) (' ! By:_ // J -l) " lauthorired signatory) .1 -, /J . -- ~.J /' .., ISeller) as Trustee J .r:.. VAN HEZEWYK, JOHNSCN & CALI.AWAY, REAL'IDRS (name of cooperating sub-agent) / , --- ~ITA.L~ VAN HEZEWrn~eller) ~S"Trust~~ SPECIAL CLAUSES. / SEE ADDENDUM 'ID CCNI'RACT FOR SALE AND PURCHASE ATI'ACHED HEREID AND MADE A PARI' HEREOF. R.v. 1/85 ADDENDUM TO CONTRACT FOR SALE AND PURCHASE The following additional terms and conditions are hereby made a part of the Contract for Sale and Purchase to which the within Addendum is attached and shall control the printed portions of said Contract where the provisions of this Addendum shall be in conflict therewith: 1. ADDITIONAL DEPOSIT: Provided that this Contract shall be .--- accepted by the Seller, and further provided that those contingen- cies hereinafter specifically enumerated in Paragraph 2 of this Addendum shall also be satisfied, the Buyer agrees to deposit the further and additional sum of Twenty Thousand ($20,000.00) Dollars with JOHNSON & CALLAWAY, REALTORS, the Escrow Agent, within ten (10) business days after satisfaction of all of the contingencies provided in Paragraph 2 of this Addendum. Said amount shall here- inafter be referred to as the "additional deposit" and, together with the "initial deposit" referred to in Paragraph II (a) of this Contract, shall be and constitute a part of the cash portion of the purchase price payable by the Buyer in the event this trans- action shall be consummated in accordance with the terms and con- ditions hereof. 2. CONTINGENCIES FOR NEW FIRST MORTGAGE, ETC.: A. The obligations of the Buyer hereunder shall be ex- pressly subject to and conting~nt upon the ability of the Buyer to obtain within sixty (60) days from the Effective Date a firm writ- ten commitment from an institutional lender doing business in Dade, Broward and/or Palm Beach Counties for a first mortgage/land acquisition and development loan encumbering the Property in a principal sum of no less than Eighty (80%) percent of the Purchase Price and the cost of "land development" as hereinafter defined, bearing interest at a fixed rate of no more than Eleven (11%) per- cent per annum and repayable over a term of not less than five (5) years. Said mortgage shall further provide for the privilege of prepayment in whole or in part at any time prior to maturity. All costs of obtaining such land acquisition and land development loan commitment, including but not limited to the payment of all loan initiation fees, "points," closing costs, "actuals," and out-of- pocket charges, including tax and/or insurance escrow prepayments, imposed by the Lender at the time of closing shall be borne by the Buyer and the Seller shall be fully indemnified and held harmles~ by the Buyer with respect thereto. B. The obligations of the Buyer hereunder shall be fur- ther expressly subject to and contingent upon the ability of the Buyer to obtain, within sixty (60) days from the Effective Date, a firm written commitment from an experienced, competent and finan- cially responsible firm or company engaged in the business of "land development" to develop and improve the subject Property so that the same shall be suitable for the construction of no fewer than eighty (80) single family residences, at a cost to the Buyer of no more than One Million One Hundred Thousand ($1,100,000.00) Dollars. As used herein, the term "land development" shall be defined to mean and to include the furnishing of all labor and materials necessary to install all streets, sewers, water, under- ground electric, sidewalks, street lighting, water retention fa- cilities for flood control purposes, rough earthwork, land grad- ing, intersection improvements, canal crossing culverts, traffic signals and traffic control devices, if required, at the inter- section of Boynton Boulevard and Knuth Road, the cost of upgrading the present lift station, all utility connection charges, and all costs in the nature of or associated with engineering and survey- LAW OFfiCES: KLINE, MOORE & KLEIN, P.A., GRAND BAY PLAZA,2665 SOUTH BAYSHORE DRIVE, SUITE 903, COCONUT GROVE, FLORIDA 33133 ing fees, together with the cost of obtaining all necessary build- ding permits in connection with the foregoing. C. Buyer shall make prompt application for and shall use reasonable diligence to obtain a mortgage loan commi tment and reasonably detailed estimates for the cost of land development within the times hereinabove set forth. In the event the Buyer shall fail to obtain a new first mortgage commitment and a firm commitment from a land development company within the times and upon the terms and conditions hereinabove set forth, the Buyer shall have the right and option to cancel the within Contract by providing written notice thereof to the Seller within ten (10) days following the expiration of said 60-day period and upon the furnishing of such written notice, all sums theretofore deposited by the Buyer with the above-named Escrow Agent shall thereupon be returned to the Buyer and each of the parties shall be relieved and released of all further liability or obligation to the other party hereunder. 3. WITHHOLDING OF TAX BY BUYER: To the extent that the Seller shall be deemed to be a "foreign person" subject to the withholding provisions of the Internal Revenue Code, Buyer shall be authorized to withhold from the net proceeds of sale payable to the Seller at the time of closing, and to remit to the Internal Revenue Service, an amount equal to ten (10%) percent of the gross purchase price as set forth in paragraph II of this Contract. Seller agrees to cooperate with Buyer in furnishing to Buyer such information, including but not limited to Seller's Federal identi- fication number, as may be necessary or appropriate to enable the Buyer to complete and to file with the Internal Revenue Service Forms 8288 and 8288-A, together with such additional Forms as may be required by the Buyer to comply with the applicable provisions of the Internal Revenue Code. In the event the Seller shall not be deemed to be a "foreign person" in accordance with the provi- sions of the Internal Revenue Code, Seller shall execute an ap- propriate Affidavit to that effect and shall deliver the same to the Buyer at the time of closing. 4. SELLER'S WARRANTIES: As a material inducement to the Buyer to enter into this Contract for Sale and Purchase and to close the transaction contemplated hereby, Seller makes the following representations, all of which are true as of the date hereof, shall be true as of the date of closing, and which war- ranties and representations shall expressly survive the closing of this transaction: A. The Property described in Paragraph I(a) of this Contract is owned, beneficially and of record by the Seller. B. To the extent applicable, the Seller has complied with the Florida sales tax law in all respects and shall complete the filing of any and all Florida sales tax returns and make pay- ment of any and all sales taxes which may be due, as soon as may be required after the closing. C. There are no presently existing v iolations of any municipal, county, state or federal laws, rules, regulations or ordinances, nor does Seller have any knowledge of any pending violations which would or might affect the Buyer's use, enjoyment or operation of the Property in the future. In the event any such violations shall be found to exist prior to or as of the date of closing, Seller shall take such steps as may be necessary and ap- propriate to cause the same to be cured and corrected, and any governmental proceeding instituted in connection with such viola- tions to be dismissed, at the cost and expense of the Seller. -2- LAW o,nCES: KLINE, MOORE'" KLEIN, P.A., GRAND BAr PLAZA, 266S SOUTH 8ArSHORE DRIVE, SUITE 903, COCONUT GROVE, FLORIDA JJIJJ D. No assessments for public improvements have been made against the Property which remain unpaid. E. There are no judgments or decrees of any kind against Seller unpaid or unsatisfied of record in any court of any city, county, state or of the United States or any pending or threatened litigation which would affect the Property; Seller is not in the hands of a receiver nor has it committed an act of bankruptcy; there are no due and unpaid business license taxes of Seller; and there are no due and unpaid income or property taxes of Seller which constitute a lien against the Property. F. At the closing there will be no mechanics' liens against the Property; no claims for labor, services, profit or material furnished for constructing, repairing or improving the same which remain unpaid; and no chattel liens, conditional sales contracts or chattel trusts against the Property. G. To the best of Seller's knowledge and belief, there is no pending or threatened special assessment or condemnation or eminent domain proceedings which would affect the Property, or any part thereof. . H. There are no management, real estate or rental commissions, service, maintenance, employment, or other contracts of any kind or description in existence affecting the Property and imposing any obligation upon Buyer after the closing date except as otherwise provided in this Contract. I. The Property is properly zoned for its present use and neither it nor its present use violates any ordinance, law or regulation to which it or its present use is subject and Seller has received all permits and authorization necessary to operate the Property as the same is now being operated, and such permits and authorization are now in full force and effect. J. There are no actions or proceedings pending or, to the best of Se ller' s knowledge, threatened, before any court or administrative agency and relating to the Property, the unfavor- able resolution of which would have a materially adverse effect on the operations of the Property or the income potential thereof. K. If it shall be determined that, notwithstanding the manner by which Seller has executed this Contract, that Seller shall actually hold title to the Property by means of a corpora- tion, that such corporation is duly organized, validly existing and in good standing under the laws of its state of origin, and has all necessary power to execute and deliver this Agreement and perform all its obligations hereunder. This Ag reement has been duly authorized, executed and delivered on the part of Seller and is the valid and legally binding obligation of Seller, enforceable in accordance with its terms. Neither the execution and delivery of this Agreement by Seller nor the performance of its obligations hereunder will result in the violation of any law or any provi- sions of Sell~r's organizational documents, as amended to date, or will conflict with any order or decree of any court or govern- mental instrumentality relating to Seller. L. Seller knows of no state of facts which would pre- vent or prohibit the Buyer from obtaining all necessary approvals from all governmental and/or other regulatory authorities neces- sary to proceed with the development of the subject Property for the construction of eighty (80) single family residences thereon. -3- LAW o~nCES: KLINE, MOORE (. KLEIN, P.A., GRAND BAY PLAZA,266S SOUTH BAYSHORE DRIVE, SUITE: 903,COCONUT GROVE, ~LO"IDA 3JIJJ In this connection, Buyer shall make prompt application for and shall use reasonable diligence to obtain all necessary approvals from all governmental and/or regulatory authorities and shall use reasonable diligence to obtain the same within six (6) months following the Effective Date. In the event the Buyer shall fail to obtain all of the necessary governmental and/or regulatory ap- provals within the aforesaid 6-month period, the Buyer shall have the right and option to cancel the within Contract by providing written notice thereof to the Seller within ten (10) days follow- ing the expiration of said 6-month period and upon the furnishing of such written notice, all sums theretofore deposited by the Buyer wi th the Escrow Agent shall thereupon be returned to the Buyer and each of the parties shall be relieved and released of all further liability or obligation to the other party hereunder. To the extent that the Seller shall be required to execute any documents necessary to secure the approval of any governmental and/or other regulatory agency, Seller agrees to cooperate fully and promptly with the Buyer in that regard. 5. SURVEYS, SOIL TESTS, ETC.: Seller hereby grants to the Buyer access to the subject pr~pe~ty for the purpose of enabling competent, experienced and financially responsible professionals to prepare surveys, to' conduct all necessary soil tests and, if desired, to plant perimeter landscaping to buffer adjoining multiple-family developments. In the event Buyer shall elect to cancel the within Contract upon the terms and conditions herein- above set forth, then and in such event Buyer shall furnish to Seller copies of all surveys, soil tests, studies, applications and all other documents obtained by the Buyer in connection with its efforts to obtain mortgage financing, a firm commitment from a land development company, or governmental and/or regulatory ap- proval for the development of the Property for the construction of single family residences. 6. ADJUSTMENT TO PURCHASE PRICE: It is specifically under- stood and agreed that the Purchase Price set forth in Paragraph II of this Contract has been determined by the Seller and agreed upon by the Buyer on the assumption that the Property contains no fewer than twenty (20) acres of land area. In the event an accurate current survey of the Property shall disclose that the Property contains fewer than twenty (20) acres, then and in such event the. Purchase Price provided herein shall be reduced pro rata to re~ flect the reduced size of the Property. Notwithstanding the fore- going, however, in no event shall the Purchase Price be increased to any extent in the event the aforementioned survey shall dis- close that the property contains more than twenty (20) acres of land. 7. EASEMENTS, RIGHTS-OF-WAY, ETC.: The Buyer's purchase hereunder shall include all righ-t~-tn:le and interest of the Seller in, to and under any and all easements, rights-of-way, privileges, licenses, appurtenance and other rights and benefits belonging to or running with the ownership of or otherwise related to the subject Property and shall include any and all right of the Seller, if any, in and to any and all land lying in the bed of any street or highway, opened or proposed, in front of or adjoining the Property to the centerline thereof and nothing contained here- in shall be deemed to require the Buyer to take title to the Prop- erty subject to any of the foregoing. -4- LAW O,flCES: KLINE. MOORE 6 KLEIN. P. ..... GRAND BAY PLAZ....266S SOUTH BAYSHORE DRIVE, SUITE 903,COCONUT G~OVE. ,LORIO'" 33133 8. REPRORATION OF TAXES: Notwithstanding the provisions of Paragraph "L" of the "Standards for Real Estate Transactions" which are made a part of this Contract for Sale and purchase, all real estate and personal property taxes, if any, and assessments which may be levied or assessed with respect to the Property shall be re-prorated when the appropriate tax bills have been received and the amount of any adjustment required thereby shall be paid to the party entitled to such adjustment in cash within ten (10) days following request therefor in writing. Such request for adjust- ment shall be accompanied by a true and correct copy of the tax bill for the year in question. 9. CLOSING DATE: This transaction shall be closed and each of the parties shall execute and deliver any and all documents and the Buyer shall pay the balance of the cash portion of Purchase Price simultaneously with the closing of the Buyer's new first mortgage loan, but in no event later than ninety (90) days after the satisfaction of the last of the contingencies provided in this Contract. IN WITNESS WHEREOF~ each of the parties has caused this Ad- dendum to be executed in appropriate manner and their respective seals to be affixed, all as of the day and year first above writ- ten. Sealed and Delivered The Presence Of: 0- /.,. ~.!.,-. I,' . _. "'\ . C/t:_--l:-i.' -<:.v ~.'..-( _l.,.<'_-( L ~to the Buyer------------- ~CD~~s) DONALD M. KLEIN, as Trustee (Buyer) / " -, ( ,/ ,/ /hl - ". /, /J. /,.. (LS) J. L. VAN HEZEWYK, as Trustee (Seller) ,/ As to the Sellers . " ANIT~. VAN HEZEWYK,'as Trustee (Seller) / ~S) , .. -5- LAW OF'F"lCES: KLINE, MOORE & KLEIN, P.A., GRANO BAY PLAZA,2665 SOUTH BAYSHORE DRIVE, SUITE 903, COCONUT GROVE, F'LORIDA 33133 SECOND ADDENDUM TO CONTRACT FOR SALE AND PURCHASE The following additional terms and conditions are hereby made a part of the Contract for Sale and Purchase to which the within Second Addendum is attached and shall control the printed portions of said Contract and the Addendum to Contract for Sale and Pur- chase thereto where the provisions of this Second Addendum shall be in conflict therewith: 1. RECEIPT OF ADDITIONAL DEPOSIT: Simultaneously with the execution by the Buyer of the within Second Addendum, the Buyer has deposited with JOHNSON & CALLAWAY, REALTORS, as Escrow Agent hereunder, the sum of Twenty Thousand ($20,000.00) Dollars, rep- resenting the "additional deposit" more particularly referred to in Paragraph 1 ("Additional Deposit") of the Addendum to Contract for Sale and Purchase heretofore executed by the parties hereto. In this connection, it is understood and agreed that the Buyer has furnished the aforementioned "additional deposit" notwithstanding the fact that those contingencies specifically enumerated in Para- graph 2 of the Addendum to Contract for Sale and Purchase have not yet been satisfied; accordingly, and in consideration of the fact that the Buyer has furnished such "additional deposit" prior to the date on which he would have otherwise been required to do so, the Seller does hereby grant to the Buyer an extension of time un- til September 1, 1988 within which to satisfy such contingencies as are more specifically enumerated in Paragraph 2 of said Ad- dendum or, in the alternative, to cancel said Contract in the manner more specifically provided therein. In the event the Buyer shall elect to proceed with this transaction, the Buyer shall pro- vide written notice to the Seller not later than September 1, 1988 that all such contingencies and approvals required by the Contract have been satisfied and that he is ready to close, in which event this transaction shall then be closed and each of the parties shall execute and- deliver such documents as may be necessary and appropriate to consummate this transaction on or before October 1, 1988 or within thirty (30) days after receipt by the Buyer of the commitment for title insurance referred to in Paragraph V of the Contract, whichever date shall later occur. I N WITNESS WHEREOF, each Second Addendum to be executed respective seals to be affixed 1988. of the parties has caused this in appropr iate manne r and the i r as of this 1 st day of February, Signed, Sealed and Delivered In The Presence Of: ? .\ ,(~, ' /'Jtf;~<, mo 'the vBuye r .. ~ - / :: :;?//' . ~ ~ .-/'-'" . ;;-~:;_. C //::://~:;7-:;; ~~ to the Sellers ,',i.... ~v-o-~l~s) DONALD M. KLEIN, as Trustee (Buyer) .I 7 ../ /- / C -..( /- /V".~"""'lA (LS) J.~'L. VAN HEZEWYK, as Trustee (Seller) ~A/~~1<~<LS) 'Trustee (Seller) LAW ornCES: KLINE, MOORE & KLEIN, P. A., GRANO BAY PLAZA,2665 SOUTH BAYSHORE DRIVE, SUITE 903, COCONUT GROVE, rLORIOA 33133 February 19, 1988 Mr. Carmen Annunziato, Zoning Director Department of Planning, Zoning & Building City of Boynton Beach 200 N. Seacrest Blvd. Boynton Beach, FL. 33436 Re: Agency Agreement Dear Mr. Annunziato: This letter will serve as permission for Barry Barson to proceed wi th making application for the land use amendment to allow a P.U.D. This letter will also serve as confirmation that Mr. Bob Bentz & Land Design South are authorized to act as my/our agent in all matters related to the zoning process regarding property under contract with Barry Barson. Furthermore, Mr. Bob Bentz and Land Design South will be authorized to agree to any conditions which may result from this application as part of the approval process. Sincerely, V ~ ~/ -~ . r" ,.~;;/ .... ../ --- ( .. .,. - ~ x..-C-,:=."2!:a?- ~ ~7~?- ." -- a ~~/" ~----~,. ,/ ~-"...' -~ --r,. . c:--. ~ . , ~ -.' '" r~" F' -- --- ~~--.----r---~ ./ I //' [/ U [; CD ... , ..,.~ '"' t }.', : -,. - " ., RECORO VERIFIED PAUli BEACH COUNTY. f1.A JOHN B. DUNKLE STATE OF FLORIDA CLERK CIRCUIT COURl' COUNTY OF PALM BEACH . I HEREBY CE.?T1fV thaI an this day bel",.. n.e. an officer duly qualIfied 10 toke acl<nowledgmenh. persor<>lIy appeared JOHN LAMBERT VAN ';EZEWYK and ANITA LOUISE VAN HEZEWYK, convey1&9 their separate non-homestead e~of,e~ " . c.. to me known '0 be tlte person S ilescribeCl in and aec the forflQOlng .nstrument and odnowl.dll.~,,~;n:t ihat ~ eaecvted the same. .... T '.- ,.., ,'r...J t ~f', C'I') WITNESS my ~Jnd c:ond oHidal seal in .'he County a.nd Slotelo.I alOI"llSQ~id 1hi'~~of ~~~~.......~~:'\; CD 1980. .' _.' '~ u ..:-:;.'<. . N R.oL~n: C 'j.- ~":-I\:~ e:: C _ \,.,,:";. C") My coon..'ission eapires, I. C'. LeA ~~ . ry br...J ::~ ~ m t:ryn~' eUc~. :-1.. .:.,.,\. ~) . :'. : .......uc IIA. 01 'WI11>>o '.1 V!lGo f;. ,-. - ~ .A:l ~ ,. \ ::: .~. .... if f .w v...-s....y.,. I,., ;,. ~;..t.3 'tHlSINS'H.". ,.,.':.\orRL?"'RtD.)'4f~", <? .......'" .,' ___........ INS ...aa ..... ~-t''' ~ .... X . / (;~':,:[ ft,-.'~I. '. J ;;..._.... f'~ ~.." / ~F.'l( ::: ~.:"\.I .:, ".' l '. "'''j''J ~,' ~ T /- ~: J ." "",el. - ~..o. '..... ~ L:dr:'lt':..._"1 '":".~.I~~~tHZ5 CW') CD .. Thi. i'1St",ment _. prepared by: . :'l D. I, D CBP!I MOOU. ...,.. .. ....... A_ . p.o. .. '1' __ IJIOIIm)lIl aM1Io JI.QIIIDA - ttJarrantg Brtd (STArUTOn FOIM-S((TION 619.02 F.S.) IJ,iJl lnb.rnllln. ~""de this /..sr .4'p~,L 19 BO. .rtwfD day 01 JOHN LAMBERT VAN HEZ~Wl a~d ANI~A LOUISE VAN HEZEWYK, conveying their s~parat.e non-homestea~ property of the C.,~-o' - Ontario, Canada ..$-..01_ . grontor.. aftd JOHl1 LAMBERT VAN HEZEWYK and ANITA LOUISE VAN HEZEWYK. as Co-Trustees ....how po.t oHice oddnss is Braeburn Farm, 883 Warden Avenue, R.I.;. I, 01 tile <"""",,",,, Unionville, Ontario ..$,........ Canada . g'OftNe.. .itMllIrt~. ThaI said grantor. lor and in consideration 01 lhe sum 01 ~. ~ ------------TEN ~ND NO/lOO-------------------------______________ ~Io". and other good and ...Iuoble consideration. '0 soid grontor in hand paid by said granl.... the receipI whereof is hereby acknowledged. ho. granted. bargained and sold 10 the said grantu, and grantee's heirs and assigns forever, the following described land. situale, lyin9 and being in Palm Beach County. Florida. to-wil: Parcel! - Tracts 121, 104, 89; Tracts 90, 103 and 122 LESS ~he East 260.00 feet thereof; all being a portion of PALM BEACH FARMS COMPANY PLAT NO.8. recorded in Plat Book 5r at Page 73. Public Records of Palm Beach County, Florida, less road right-of-ways. ~ ~ .t:. . :ei:" ~~; , c:> . :~~ Parcel II - Tract 71 LESS the North 60.0 feet thereof and LESS the Ea~t 260.00 feet thereof; Tract 72 LESS the North 60.00 feet thereof; all being a portion of PALM BEACH FARMS COMPANY PLAT NO. 8, recorded in Plat Book 5. Page 73. Public Records of Palm Beach County. Florida, less road rig'.~-of-ways. ) I (l0. DO 'j. {f.U ..r; ~ ~o ---- ~)':, 0 " U ond .oid granlo( does hereby fullv worront the 'itfe 10 soid I..nd. and will defend the some again'I the Iowful claims of all persons whomsoever. ;r "Grantor" and "granteeU art used for singular or plural, as context requires. Gronlor ho. hereunlo set gronlor'. hand and seal the day and year firsl aba..e writhln. /'/-/-~~ ~4~~1.-? '"~ (Seal) C~P. L.~rt_ Van H4?'i ~ ~~.r4t ,~...;..~ ~ (Seal) nita Louise Van Hez~7 (Seal) (Seal) i ~ . . ,\,- j, ADDENDUM "AtI DESCRIPl'ION TRACTS 121, 104 AND 89 LESS THE WEST 25.0 FEET THEREOF; T~CTS 90, 103 AND 122 LESS THE EAST 260.0 FEET THEREOF; TRACT 72 LESS THE NORTH 60.0 FEET AND LESS THE WEST 25.0 FEET THEREOF: TRACT 71 LESS THE NORTH 60.0 FEET AND LESS THE EAST 260.0 FEET THEREOF: ALL BEING A PORTION OF PAUl BEACH FARMS COMPANY PI.J\T NO.8, RECORDED IN PI.J\T BOOK 5, AT PAGE 73~ PUBLIC RECORDS or PAUf BEACH COUNTY, FLORIDA. . I CONTAINING 20.16 ACRES, MORE OR LESS (GROSS AND NET) AlSO DESCRIBED AS FOLLOWS: . , A PARCEL OF LAND IN gCTION 30. ,TOWNSHIP ~5 SOUTH, ~NGE .33 EAST, PAlJi BEACH couNTY~ ..'hib'lUDA, BEING.. MORE PARTICULA~r:.Y DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUrH QUARTER CORNER or SAID SECTION RUN THENCE NORTH 01-10'26" EAST ALONG THE NORTH-SOUTH QUARTER SECTION LINE 40.0 FEET; THENCE EAST 40.0 FEET TO THE POINr OF:BEGINNING OF THE HEREIN DESCRIBED PARCEL; THENCE CONTINUE EAST 351.64 FEET; THENCE NORTH 01-04'28" EAST 2513.64 FEET, TO A POINT IN THE SOUTH RIGHT-OF-WAY LINE OF LAKE WORTH D~INAGE DISTRICT CANAL L-25 AS SAME IS RECORDED IN OFFICIAL RE~ORD BOOK 2063, AT PAGE 1416, PUBLIC RE9QRDS OF PA~ BEACH COUNTY, FLORIDA; THENCE SOUTH 69-49'00" WEST, ALONG SAID JUGHT-OF-WAY LINE 347.30 FEET TO THE EASTERLY RIGHT-Or-WAY LINE OF A ROAD RIGHT-OF-WAY AS IS RECORDED IN OFFICIAL RECORD BOOK 2075, AT PAGE 572, PUBLIC RECORDS OF PAIli BEACH COUNTY, FLORIDA; THENCE SOUTH 01-10'26" WEST, ALONG JUST SAID RIGHT-Or-WAY LINE 2512.61 FEET TO THE POINTJJOF BEGINNING. I CONTAINING 20.16 ACRES, MORE OR LESS, (GROSS AND NET).