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APPLICATION .-' ~ ~ " PROJECT NAME: MELEAR PUD PHASE 3B LOCATION: SOUTHWEST CORNER MINER RD & SANDALWOOD DR COMPUTER ID: MELEAR PUD\NWSP PERMIT #: I FILE NO.: I TYPE OF APPLICATION: AGENT/CONTACT PERSON: OWNER/APPLICANT: Julian Bryan, Julian Bryan & Assoc. Continental Homes, Inc. PHONE: 561-338-0395 PHONE: 305-512-4950 FAX: 561-338-5996 FAX: ADDRESS: 756 St. Albans Dr. ADDRESS: 8000 Govenors Sq. Blvd. Boca Raton, FL 33486 Miami Lakes, Fl. Date of submittal/Projected meetinl! dates: SUBMITTAL / RESUBMITT AL 3/5/99 1sT REVIEW COMMENTS DUE: 3/22/99 PUBLIC NOTICE: TRC MEETING: 4/20/99 PROJECTED RESUBMITTAL DATE: 4/20/99 ACTUAL RESUBMITTAL DATE: 2ND REVIEW COMMENTS DUE: LAND DEVELOPMENT SIGNS POSTED (SITE PLANS): PLANNING & DEVELOPMENT BOARD 5/11/99 MEETING: CITY COMMISSION MEETING: 5/18/99 COMMENTS: S:IFORMSIPROJECT TRACKING INFO , CITY OF BOYNTON BEACH, FLORIOA PLANNING & ZONING DIVISION SITE PLAN REVIEW APPLICATION FOR NEW SITE PLANS & MAJOR MODIFICATIONS TO EXISTING SITE Application Acceptance Date: Fee Paid: Receipt Number: This application must be filled out completely, accurately and submitted as an original to the Planning and Zoning Division. TWELVE COMPLETE, sequentially numbered, ASSEMBLED AND STAPLED sets of plans including a recent survey and appropriate fee shall be submitted with the application for the initial process of the Site Plan Review procedure, AN INCOMPLETE SUBMITTAL WILL NOT BE PROCESSED. , Please print legibly (in ink) or type all information. I. GENERAL INFORMATION 1. Project Name: MElEAr.. PO, D. P/.JASf; 375 I 2, Applicant's name (person or business entity in whose name this application is made): 3. 8(XX) ~\/E2JJ()P;; ~I[}ft, tylJP, /{ItJlJ.1 (p~ F&J (ZI Code) Phone: 5()<;;- ':;/2..4950 Fax: Agent's Name (person, if any, representing applicant): J(Y.ilS,iJ 8F...yAt...) 0lX..-tL,,/J l;1Z(kLl v J.,$OC/~ Address: ~.^ ~1Jj ?~ 5f.,1- 331>--D3/E' Address: -52,4 U, (Zip Code) <jbl- 33~- c:;wn Phone: Fax: 4. Property Owner's (or Trustee's) Name: Address: S'N-f,Fj NS !"PPr JCAUr (lip Code) Phone: Fax: ~ 5. Correspondence to be mailed to agent only; if no agent, then to applicant unless a substitute is specified below:' _ 'This is the one address to which all agendas, letters and other materials will be mailed. 6, What is applicant's interest in the premises affected? (owner, buyer, lessee, builder, developer, contract purchaser, etc.) IS '^) ^ ')E;.I<? 7. s;: r... ) ,C/)7GtJr::Je. OF' /1j l )F:;p_ EnIiD ..J-- ~j.L) bN..(, 'b-:>17 ])12 II ~ Street address or location of site: 8 Property Control #. Legal description of site: ~ A7Tf.r.LIC:::O CJ6f!.Vsy" 9. (2 1!. ~ 5/ f.{p( J:; ?0u-J.J0IJFJJ Intended use(s) of site: 10. (At.. 'pi 'i=Ap~l ~ tJo~ Developer or Builder: 11. 12. 13. 14. 15, 16, 17. 18. Architect: Landscape Architect: Site Planner: Engineer: Surveyor: Traffic Engineer: l.;j Has a site plan been previously approved by the City Commission for this property? .<.b Estimated co~struction costs of proposed improvements shown on this site plan: AI V~rYp II. SITE DATA The following information must be filled out below and must appear, where applicable, on all copies of the site plan, 1. 2, 3. 4, Land Use Cateoorv shown in the Comorehensive Plan Zonina Di,strict "P.U :p Area of Site {"'i:..,i'Z? . acres land Use -- Acreaoe Breakdown 1<ES.4 S"3 ~ DO(') sq. ft. a. b. c. d. e. f. g. Residential, including /2. .2.=3 acres IDO % of site surrounding lot area of grounds Recreation Areas. Ll.35 acres .2.9 % of site (excluding water area) Water Area () acres 6 % of site Commercial /,} acres D % of site Industrial () acres 0 % of site Public/Institutional () acres 0 % of site Public, Private and Canal rights-of-way 2.f-., acres 21. S % of site Planning and Zoning Division. Rev. 10/15/1998 J:ISHRDA T AIPLANNINGISHAREDlWP\FORMS\APPSINWSPlSITEPLAN.OOC .._._.__._.___________n_.._________ () 0 --"" h, Other (specify) acres % of site 0 [) ~ i. Other (specify) acres % of site J. Total area of site (2.2-3 acres {ro % of site . including open space suitable for outdoor recreation, and having a minimum dimension of 50 ft by 50 ft, 5. Surface Cover a. Ground floor building ~ acres 33,D % of site area ("building footprint") D acres () % of site b. Water area c. Other impervious areas, including paved area of public & private streets, paved area of parking lots & driveways (excluding landscaped areas), and sidewalks, patios, decks, and athletic courts. 3:s 5 acres 2,?-4 % of site d, Total impervious area J..l5l- acres ~ % of site e. Landscaped area ~. 84 acres 39.6 % of site inside of parking fots (20 sq.ft. per interior parking space required - see See, 7.5-35(g) of Landscape Code). f. Other landscaped areas,-12- acres D % of site g. Other pervious areas, including golf course, natural areas, yards, and swales, but excluding water areas b acres {) % of site h. Total pervious areas ~acres 39.& % of site i. Total area of site 122.3 acres {DO % of site 6. Floor Area a. Residential ..2~ ~r7::> sq. ft. I 6 sq. ft. b, Commercial/Office c. Industrial/Warehouse () sq. ft. d. Recreational b2S sq. ft. 1> sq. ft. e. Public/Institutional f. Other (specify) sq. ft. g. Other (specify) ~ - sq. ft. Planning and Zoning Division - Rev, 10/15/1998 J:ISHRDA T AIPLANNINGISHAREDIWPlFORMS'APPSINWSPISITEPLAN.DOC h. Total floor area .2C>?'4z.5 I sq, ft. 7, Number of Residential Dwellinq Units Single-family detached 6 a, sq. ft. b. Duplex 0 sq. ft. c, Multi-Family (3 + attached dwelling units) (1) Efficiency dwelling units (2) 1 Bedroom dwelling units (3) 2 Bedroom {Z8, dwelling units (4) 3+ Bedroom dwelling units d. Total multi-family (z.. t> dwelling units e. Total number of dwelling units f~ 8, Gross Densitv 16A7 dwelling units per acre 9. Maximum heioht of structures on site 3.0 feet 2. stories 10. Reouired off-street parkino a, Calculation of required number of off-street parking spaces b. Off-street parking spaces provided on site plan 25"f-.. 384 (it..T.I.{)l/cS I CAIG GAR.kE 'fa /40ue::) Representative of the project must be present at all Technical Review Committee, Planning and Development and City Commission meetings held to review this project. Planning and Zoning Division - Rev. 10/15/1998 J:ISHRPA TAIPLANNINGISHAREPIWPlFORMSIAPPSINWSPlSITEPLAN.DOC HAGEJ{, WEINBERG & ASSOCIAfES, INC. PROFESSIONAL LAND SURVEYORS Certificate of Authorization LB. No. 6772 PLATTING. CONDOMINIUMS. LAND DEVELOPMENT - CONSTRUCTION LAYOUT . BOUNDARY. TOPOGRAPHIC 3850 N.W. Boca Raton Blvd. Suite 3, Boca Raton, Florida 33431 Phone: (561) 395-3600 Fax: (561) 395-2237 ~ SKETCH AND LEGAL DESCRIPTION Legal Description: A parcel of land lying in the Northeast One-Quarter (NoW. 1/4) of Section 18, Township 45 South, Range 43 East, City of Boynton Beach, Palm Beach County, Florida, being more particularly described as follows: COMMENCING at the Northeast Corner of said Section 18; thence South 88005'55" West, along the North Line of said Section 18, a distance of 953,73 feet; thence South 01019'11" West, a distance of 1832.44 feet to a point on the Southerly Right-of-Way Line of Sandalwood Drive, said point being the POINT of BEGINNING of the parcel to be herein described; thence continuing South 01019'11" West, a distance of 793,62 feet; thence South 87055'18" West, parallel with and 15 feet North of, as measured at right angles to the South Line of the Northeast One Quarter (N.E. 1/4) of said Section 18, a distance of 585,07 feet; thence North 63007'37" West, a distance of 109,99 feet; thence North 31014'50" West, a distance of 77.54 feet; thence North 18020'00" West, a distance of 99.69 feet; thence North 17039'01" East, a distance of 35.98 feet; thence North 01012'28" East, a distance of 335.79; thence North 44009'00" East, a distance of 167.18 feet; thence North 82016'20" East, a distance of 186.19 feet; thence North 07043'40' West, a distance of 11.85 feet; thence North 14014'35" East, a distance of 25.00 feet to a point on the Southerly Right-of-Way Line of Sandalwood Drive, said point being on the arc of a circular curve to the left, concave northerly, radial to the center of said curve bears North 14014'35" East; thence Easterly along fhe arc of said curve and said Southerly Right-of-Way Line, having a radius of 540.00 feet and a central angle of 16008'40", a distance of 152.16 feet to the point of compound curvature; said curve being concave to the Northwest, having a radius of 790.00 feet and a central angle of 22021'33"; thence continue Easterly along the arc of said curve and said Southerly Right-of-Way Line, a distance of 308.29 feet to the POINT of BEGINNING. Containing 12.236 acres, more or less. (Bearings shown hereon are based upon the STATE PLANE COORDINATE SYSTEM - TRANSVERSE MERCATOR _ FLORIDA EAST ZONE, along the North Line of Section 18-45-43, Palm Beach County Survey Section Data Sheet for Section 18-45-43, Palm County, Florida, having a bearing of S.88005'55"W.). Noles: 1.) Elevations when shown refer to the National Geodetic Vertical Datum (N.G.V.O.). of 1929. 2.) The lands shown hereon have not been abstracted by this finn regarding matters of interest by other parties, such as &asements, rights- of-ways, reservations, etc., such information should be obtained and verified by others through appropriate title verification. 3.) This drawing is the property of Hilger, Weinberg &: Associ4tes.lnc. and was prepared for and certified to the party and/or parties indicated hereon and is not transferable or assignable. it shall not be used or reproduced whole or in part without written authorization. 4.) All easements shown on the attached drawing are per the record plat (unless otherwise noted). 5.) This Sketch and legal Description does not constitute a Survey. Abbreviations: DRAIN. sDRAlNAGE A= "ARC LENGTH EASE = EASEMENT B,C R. "BROWARD COUNTY RECORDS ELEC "ELECTRIC (C) -CALCULATED FPL "FLORIOAPOWER&LlGHT CATV "CABLE T.V. l.P = IRON PIPE CH .. CHORD I.P.C. -IRON PIPE" CAP 0= "'DELTA (CENTRAl) ANGLE I.R. .. IRON ROO (0) .. DEED I.Re." IRON ROD" CAP O.E. .. DRAINAGE EASEMENT L.E. "LANDSCAPE EASEMENT 0fA., .0WoETER L.ME. =LAIQ;~EASEMEHT Legend: B/l or, CIl "'~ -Baseline -Centerline 'M, N.T.S. O.RB. ... P.B.C.R PO. PROP. P.C.P. fPtRM. '" MEASURED =NOTT05CAJ.E . OFFJClAl RECORDS BOOK = PlAT BOOK '" PAlM BEACH COUNTY RECORDS . PAGE . PROPOSEO .. PERMUENT CONTROL POINT .. PeRMNIlENT REFERENCE MONUMENT . PLAT P.O.B. P.O.C. PO,T. R- ,R, RJW SEC. ,.,. U.E. <mL "POINT OF BEGINNING . POINT OF COMMENCEMENT "POINT OF TERMINATION = RADIUS . RECORD .. RIGHT Of WAY " SECTJOO .""<:AI. " lITlUTY EASEMENT "UTILITY Surveyor's Certification: I hereby certify that the attached .Sketch and legal Description" complies with the "Minimum Technical Standards. for surveys as contained in Chapter 61G17-6, Florida Administrative Code, pursuant to Section 472.027, Florida Statutes. Not Valid Unless Signed and Embossed with the Raised Seal of the Attesting Florida Registered Professional Land SUlVeyor ih___~ <k;. ~{.~I,(.. =. ~ Thomas R. Palbicke, Professional Land Surveyor No. 5061, State of Florida Melear - Townhome Parcel I Date: February 23, 1999 Sheet 1 of 2 Sheets IIHwa-3lHWA3lHWAproj\DOCfileslContinentalHomesMELEARITownhousePart:el.doc ~ I 1 ~ I I SKETCH AND LEGAL DESCRIPTION '" .,. .;, I -; I $Q I ~ I (/) .,. 1 ;:, I ~ I z " 1 :3 I vi 11'- o ~~ .,. : ~:! ! '" 0 ' I...... I 3: ~g i ~.,. . <Xl .....,. I ~ ~. , If) ....~ 1 If) .,,0:: ' U6 1 ~ C\~ I ~ Q~ I ~<i ! ~~ I ~ i '" : - I U I I I I I N.310 14'50"W. 77.54' N.180 20'OO"W. 99.69' N.170 39'Ol"E. 35.98' N.010 12'28"E. 335.79' 1'-1 N.440 09'OO"E. 167.18' N,820 16'20"E. 186.19' N.070 43'40"W. 11.85' N.140 14'35"E. 25.00' R- 790.00' D-220 21'33" A-308.29' J {~ !!...a~al ,N.1401~~ I 4'35''[~' I 40'1 1(:4 iO i 0 \.14 '~';::. \~~ \6. a. '';z. '" \~. -; \1Zl '0\ ____ ~ ~ ~o~;.;~)'~' ~ 0'\ ~ \"J 0 ~ ~i;47,+ul ~ S,01'19'11"W, :r-:::; \ ::>; - L; \ ",1".,_ ll).r-- ..... ;~ ~:,:!~:..oLS-=c~n_18.:.~~-4~u_ 18 i 7 19 18 12.236 ACRES +/- R-540.00' D=160 08'40" A-152.16' South Right-aI-Way Line 5.010 19'11"W. 793.62' P.O.B. P.O.C. N.E. CORNER SEC. 18-45-43 ADDENDUM. 4. 3. 2. I. 8. 7. 6. 5. HAGER, WEINBERG & ASSOCIATES,INC PROFESSIONAL LAND SURVEYORS , 3850 N.W.BOCA RATON BLVD. SUITE 3, BOCA RATON. FLORIDA 33431 ~ PHONE: (561) 395-3600 FAX: (561) 395-2237 MELEAR TOWNHOME PARCEL SCALE. I -.150' SKETCH a lEGAL I DATE. 02-23-99 SHEET 2 OF 2 SHEETS ~.' ..IiCHNAAIj ENGINEERING CORPORATION Jeffrey T. Behnars, PE. President James W Mahannah, PE. Vice President March 2, 1999 Mr. Julian Bryan Julian Bryan & Associates 756 St. Albans Drive Boca Raton, FL 33486 Re: Melear P.U.D. - Phase 3, Townhouses Schnars Enaineerina CorD. Proiect No. 98131 Mr. Bryan: As you requested, we have prepared a trip generation analysis for the townhouse portion of the Melear PUD Phase 3. The analysis utilized trip generation rates from the Institute of Transportation Engineers (lTE) Trio Generation Manual, 5'h Edition. 1. MASTER PLAN - Phase 3 - Average Daily Trips IADTl The current master plan allows 181 single family detached units and 128 townhouse units within Phase 3. ~ "IT~' Wlieof USlil No. of Units TQtatTrips UslilCode IADTI Single Family Detached 1 81 210 1 783 Townhouse 1 28 230 804 Total 2,587 Table 1 - Proposed Master Plan Trip Generation - Phase 3 2. PHASE 3 TOWNHOUSES - Peak Hour Trip Generation .... Peak Hour T()t/lITtiplI Enter Exit A.M. 62 1 1 51 P.M. 78 51 27 Table 2 - Peak Hour Trip Generation - 128 Townhouses 951 Broken Sound Parkway, Suite 10B . Boca Raton, FL 33487. Tel: (561) 241-6455' Fax: (561) 241-5182 Mr. Julian Bryan 98131/ page 2 We trust that the above information provides adequate supporting information for the site plan submittals. As usual, please call with any questions or if you require additional information. Sincerely, SCHNARS ENGINEERING CORPORATION copy: Greg Jordan, Continental Homes of Florida, Inc. IiCHNAR'f ENGINEERING CORPORATION " Julian Bryan & Associates March 1, 1999 Mr. Michael Rumpf Acting Planning & Zoning Administrator City of Boynton Beach 100 E. Boynton Beach Boulevard Boynton Beach, Florida 33435 Re: Melear PUD, Phase 3B, Final Site Plan Submittal - Continental Homes of Florida Dear Mr. Rumpf, I am pleased to submit the attached 12 sets of landscape plans, schematic engineering, architectural floor plans and elevations and final site plan for Phase 3B. This phase contains 128 fee simple townhomes on 12.23 acres. Each home will be two story with a one car garage. The three models are as follows. Model A Model B Model C 2 Bedroom/2.5 Bath 3 Bedroom/2.5 Bath 3 Bedroom/2,5 Bath 1329 sq. ft. of air conditioned living area 1595 sq. ft. of air conditioned living area 1688 sq. ft. of air conditioned living area This submittal is being made in advance of your March 9, plan intake date in order to give you additrional time for its review. Your assistance in this matter is very much appreciated. Please feel free to call should you have any questions. Since ly, JUlian~~~ cc: 60ntinental Homes of Florida Schnars Engineering Gonzalez Bryan & Associates Hager - Weinberg Michael T. Schale & Associates F. Martin Perry, Esq. land Development Consultants. 756 5t. Albans Drive. Boca Raton. Florida 33486 . (407) 338-0395 "',\ r2 r'" ., C"" ,-, ,~1 n lJ~:".~;' _ 1:' '. i! ",I',j ie, : >',.' LETTERS OF CREDIT DEe I I'Y' The face of the letter of credit must indicate the following: Yes No A. ~ The letter of credit is "clean" B. The letter of credit is irrevocable and shall remain enforceable until released by a resolution adopted by the City Commission ~ ~ :L C. The purpose or project for which the letter of credit is issue D. The specific amount of the letter of credit, in U.S. Dollars E. The method of disbursement of draws against V the letter of credit ~ F. The street address where draws against the V letter of credit shall be made ~ G. The letter of credit is enforceable in a court of competent jurisdiction in Palm Beach County, Florida, and is to be interpreted by ,f Florida Law ..J::.... H. The name and street address of a designated agent within the State of Florida for acceptance ...../ of process ~ Does the issuing financial institution have a-/, n A, ~ @1. "peer group" rating of fifty (5) in the latest ~ c.YV Sheshunoff Quarterly Listing or a minimum p__ rating of (125) in the latest IDC Bank Financial 'V \ ~ cJL.; . Quarterly listing I. ~ Gve 4G- ~ u-k 0tlA-.~ ~ \~ ~ ~ \~~:~ cJLv- c.>>- '-0\ ~ ~vL- Bankof America .~ PAGE: 1 DATE: NOVEMBER 9, 1999 IRREVOCABLE STANDBY LETTER OF CREDIT NUMBER: 3020336 BENEFICIARY CITY OF BOYNTON BEACH 100 E. BOYNTON BEACH BLVD. BOYNTON BEACH. FL 33435 APPLICANT D.R. HORTON, INC. / CONTINENTAL HOMES MIAMI 1901 ASCENSION BLVD, SUITE 100 ARLINGTON, TX ?6006 AMOUNT USD 360,307.50 THREE HUNDRED SIXTY THOUSAND THREE HUNDRED SEVEN AND 50/100'S US DOLLARS EXPIRATION NOVEMBER 6, 2000 AT OUR COUNTERS GENTLEMEN: WE HEREBY OPEN OUR CLEAN IRREVOCABLE LETTER OF CREDIT NO. 3020336 IN YOUR FAVOR FOR THE ACCOUNT OF D.R. HORTON, INC. / CONTINENTAL HOMES MIAMI FOR AN AGGREGATE AMOUNT OF THREE HUNDRED SIXTY THOUSAND THREE HUNDRED SEVEN AND 50/100 UNITED STATES DOLLARS ($360,307.50) AVAILABLE BY PAYMENT OF YOUR DRAFT(S) AT SIGHT DRAWN ON OURSELVES WHEN ACCOMPANIED BY THE FOLLOWING DOCUMENT(S) : 1. A STATEMENT PURPORTEDLY SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE CITY OF BOYNTON BEACH STATING "THE FUNDS DRAWN UNDER THIS LETTER OF CREDIT ARE NEEDED TO PAY FOR CONSTRUCTION OF LANDSCAPING IN ACCORDANCE WITH THE CITY'S LAND DEVELOPMENT CODE IN CONNECTION WITH THE PROPOSED SUBDIVISION KNOWN AS MELEAR PUD AND CONTINENTAL HOMES MIAMI HAS FAILED TO COMPLETE THE WORK STATED"; 2. THE ORIGINAL LETTER OF CREDIT AND ANY SUBSEQUENT AMENDMENTS. IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT SHALL BE DEEMED AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR ADDITIONAL ONE YEAR PERIODS UNLESS WE NOTIFY YOU IN WRITING AT LEAST SIXTY (60) DAYS PRIOR TO THE CURRENT OR ANY FUTURE EXPIRATION DATE THAT WE ELECT NOT TO EXTEND THIS CREDIT FOR ANY SUCH ADDITIONAL ONE YEAR PERIOD. NOTICE TO THE CITY THAT THE LETTER OF CREDIT WILL EXPIRE, PRIOR TO THE PERFORMANCE OF THE OBLIGATIONS GUARANTEED BY THIS LETTER OF CREDIT, SHALL BE DEEMED A DEFAULT AND SHALL ENTITLE CITY TO COLLECT ON THIS LETTER OF CREDIT BY PRESENTATION OF SIGHT DRAFT(S) AND A STATEMENT PURPORTEDLY SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE CITY OF BOYNTON BEACH STATING "WE ARE IN RECEIPT OF YOUR NON-RENEWAL NOTICE FOR THIS LETTER OF CREDIT AND THE FUNDS DRAWN UNDER THIS LETTER OF CREDIT ARE NEEDED IRREVOCABLE STANDBY LETTER OF CREDIT NO. 3020336 TO PAY FOR THE LANDSCAPING IN ACCORDANCE WITH THE CITY'S LAND DEVELOPMENT CODE IN CONNECTION WITH THE PROPOSED SUBDIVISION KNOWN AS MELEAR PUD AND CONTINENTAL HOMES MIAMI HAS FAILED TO COMPLETE THE WORK STATED." THE LETTER OF CREDIT IS IRREVOCA~LE AND SHALL REMAIN ENFORCEABLE UNTIL RELEASED BY A RESOLUTION ADOPTED BY THE CITY COMMISSION OR THE CURRENT OR ANY FUTURE EXPIRY DATE, WHICHEVER IS EARLIER. THIS LETTER OF CREDIT IS ENFORCEABLE IN A COURT OF COMPETENT JURISDICTION IN PALM BEACH COUNTY, FLORIDA, AND IS TO BE INTERPRETED BY FLORIDA LAW. of America, NA frade OVCfatlQl\'J. ~t.C~~.l~l.\\.\)I1 'nry ~","" IQI' floOl, LOS ~'~e\", C~ '\\'1\\1 ORIGINAL 1..) Reeye .;::,\\ <).\<)<!<) Ci\q\4 ------------ "- ," Ba~koi'America ~-? PAGE: 2 THIS IS AN INTEGRAL PART OF LETTER OF CREDIT NUMBER: 3020336 EXCEPT SO FAR AS OTHERWISE EXPRESSLY STATED HEREIN THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1993 REVISION), INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 500 AND IN THE EVENT OF ANY CONFLICT IS TO BE INTERPRETED BY FLORIDA LAW. LITIGATION HEREUNDER, IF NECESSARY. SHALL BE IN A COURT OF COMPETENT JURISDICTION IN PALM BEACH COUNTY, FLORIDA. WE HEREBY ENGAGE WITH YOU THAT EACH DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CREDIT SHALL BE DULY HONORED IF PRESENTED WITH DOCUMENT(S) AS SPECIFIED AND THE ORIGINAL OF THIS CREDIT, AT OUR OFFICE LOCATED AT 333 SOUTH BEAUDRY AVENUE, 19TH FLOOR LOS ANGELES, CALIFORNIA 90017, ATTENTION LETTER OF CREDIT DEPT., ON OR BEFORE THE ABOVE STATED EXPIRY DATE, OR ANY AUTOMATICALLY EXTENDED DATE AS PROVIDED FOR HEREIN. DRAFT(S) DRAWN UNDER THIS CREDIT MUST SPECIFICALLY REFERRENCE OUR LETTER OF CREDIT NUMBER. IF YOU REQUIRE ANY ASSISTANCE OR HAVE ANY QUESTIONS REGARDING THIS TRANSACTION, PLEASE CALL 213-345-6630. ~ AUTHORIZED SIGNATURE AUTHORIZED S E THIS DOCUMENT CONSISTS OF 2 PAGE(S). DIT-L. BREAULT Bankof America ~ Ir~\ R '" R n-; " I '.Ii t!; (!; I' " I jV r~v 2 9 ;~0j- I .- '-'l\' ';:.~-:" '. L._' '.:: c.:;'-; PAGE: 1 DATE: NOVEMBER 23, 1999 AMENDMENT TO IRREVOCABLE STANDBY CREDIT NUMBER: 3020336 AMENDMENT NUMBER 1 BENEFICIARY CITY OF BOYNTON BEACH 100 E. BOYNTON BEACH BLVD. BOYNTON BEACH, FL 33435 APPLICANT D.R. HORTON, INC. / CONTINENTAL HOMES MIAMI 1901 ASCENSION BLVD, SUITE 100 ARLINGTON, TX 76006 THIS AMENDMENT IS TO BE CONSIDERED AN INTEGRAL PART OF THE ABOVE CREDIT AND MUST BE ATTACHED THERETO. THE ABOVE MENTIONED CREDIT IS AMENDED AS FOLLOWS: 1. PAGE 1, PARAGRAPH 5, LINE 3, WHERE IT READS AS:" UNLESS WE NOTIFY YOU IN WRITING AT LEAST SIXTY (60) DAYS..." IS NOW DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING: "... UNLESS WE NOTIFY YOU IN WRITING AT LEAST NINETY (90) DAYS..." 2. PAGE 2, PARAGRAPH 2 WHERE IT READS AS: ".WE HEREBY ENGAGE WITH YOU. . . LETTER OF CREDIT NUMBER." IS NOW DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING PARAGRAPH: "WE HEREBY ENGAGE WITH YOU THAT EACH DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CREDIT SHALL BE DULY HONORED IF PRESENTED WITH DOCUMENT(S) AS SPECIFIED AND THE ORIGINAL OF THIS CREDIT, AT OUR OFFICE LOCATED AT 333 SOUTH BEAUDRY AVENUE, 19TH FLOOR, LOS ANGELES, CALIFORNIA 90017, ATTENTION LETTER OF CREDIT DEPT., OR TO OUR CORRESPONDENT LOCATED AT BANK OF AMERICA, N.A., LETTER OF CREDIT DEPT., 100 SE 2ND STREET, 13TH FLOOR, MIAMI, FLORIDA 33131, ON OR BEFORE THE ABOVE STATED EXPIRY DATE, OR ANY AUTOMATICALLY EXTENDED DATE AS PROVIDED FOR HEREIN. DRAFT(S) DRAWN UNDER THIS CREDIT MUST SPECIFICALLY REFERENCE OUR LETTER OF CREDIT NUMBER." IF YOU REQUIRE ANY ASSISTANCE OR HAVE ANY QUESTIONS REGARDING THIS AMENDMENT, PLEASE CALL 213-345-6627. ~~-p'''- L /_., ~-,.. AUTHORIZED SIGNATURE I>rr-L,B~~s DOCUMENT CONSISTS OF 1 PAGE(S). Bank of America ~- PAGE: 1 DATE: NOVEMBER 23, 1999 AMENDMENT TO IRREVOCABLE STANDBY CREDIT NUMBER: 3020336 AMENDMENT NUMBER 1 BENEFICIARY CITY OF BOYNTON BEACH 100 E_ BOYNTON BEACH BLVD. BOYNTON BEACH, FL 33435 APPLICANT D.R. HORTON, INC. / CONTINENTAL HOMES MIAMI 1901 ASCENSION BLVD, SUITE 100 ARLINGTON, TX 76006 THIS AMENDMENT IS TO BE CONSIDERED AN INTEGRAL PART OF THE ABOVE CREDIT AND MUST BE ATTACHED THERETO. THE ABOVE MENTIONED CREDIT IS AMENDED AS FOLLOWS: 1. PAGE 1, PARAGRAPH 5, LINE 3, WHERE IT READS AS:" UNLESS WE NOTIFY YOU IN WRITING AT LEAST SIXTY (60) DAYS..." IS NOW DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING: "... UNLESS WE NOTIFY YOU IN WRITING AT LEAST NINETY (90) DAYS..." 2. PAGE 2, PARAGRAPH 2 WHERE IT READS AS: "WE HEREBY ENGAGE WITH YOU... LETTER OF CREDIT NUMBER." IS NOW DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING PARAGRAPH: "WE HEREBY ENGAGE WITH YOU THAT EACH DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CREDIT SHALL BE DULY HONORED IF PRESENTED WITH DOCUMENT(S) AS SPECIFIED AND THE ORIGINAL OF THIS CREDIT, AT OUR OFFICE LOCATED AT 333 SOUTH BEAUDRY AVENUE, 19TH FLOOR, LOS ANGELES, CALIFORNIA 90017, ATTENTION LETTER OF CREDIT DEPT., OR TO OUR CORRESPONDENT LOCATED AT BANK OF AMERICA, N.A., LETTER OF CREDIT DEPT., 100 SE 2ND STREET, 13TH FLOOR, MIAMI, FLORIDA 33131, ON OR BEFORE THE ABOVE STATED EXPIRY DATE, OR ANY AUTOMATICALLY EXTENDED DATE AS PROVIDED FOR HEREIN. DRAFT(S) DRAWN UNDER THIS CREDIT MUST SPECIFICALLY REFERENCE OUR LETTER OF CREDIT NUMBER." IF YOU REQUIRE ANY ASSISTANCE OR HAVE ANY QUESTIONS REGARDING THIS AMENDMENT, PLEASE CALL 213-345-6627. ~ C _'~?-?'-.r,~ '--- /';-<----.-/ AUTHORIZED SIGNATURE Drr-L.B~tit3s DOCUMENT CONSISTS OF 1 PAGE(S). 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" " ii1 iil' ;:, ;:, " " Ol )), ~ ~ )), ~ ~ r- IQ - ~ <il <il <il Ol 111 ~ ia ia " I Ol Ol Ol ~ III 5' 0 III 5' 0 III " " C'l iii -<: -<: -<: -<: ~ ;:, :l! lit Ol Q, iil. (I) --. ::!' % 111 -5 Qj ~ !J ;:,' ~ III ~ - (j) ii1 ~ :t ~ ..... Ol 1'-> .1\) .:-l ...... g: ~ ;j 8 Rl " I\) c c ~ ~ ~ ~ ~ ~ 5' ~ '-'- r- 0 ~ ~ ~ (j) i ... ... R- p p ~ ~ ..... ..... ..... ..... "" "" '" '" ~ ~ 01 01 .... "" g. .... .... .... ,.. en ~ ~ "" ~ ~~ " 0> <i)Q. '. Ol ....." co.;s: ;;:~o' IUI i I 3 Qi'- ~ ! ! ... }: O"-~ Ql ... ... J'> ~ ~~ C/) ... ..... ..... ... ~ ..... C'l :""I ;:l co :::l "':U""1ll !'> ..... (Q)).~ Ql ~ ~ ~ .. <0. CD . ..... 0> BankofAmerica ~? PAGE: 1 DATE: NOVEMBER 9, 1999 IRREVOCABLE STANDBY LETTER OF CREDIT NUMBER: 3020336 BENEFICIARY CITY OF BOYNTON BEACH 100 E. BOYNTON BEACH BLVD. BOYNTON BEACH, FL 33435 APPLICANT D.R. HORTON, INC. / CONTINENTAL HOMES MIAMI 1901 ASCENSION BLVD, SUITE 100 ARLINGTON, TX 76006 AMOUNT USD 360,307.50 THREE HUNDRED SIXTY THOUSAND THREE HUNDRED SEVEN AND 50/100'S US DOLLARS EXPIRATION NOVEMBER 6, 2000 AT OUR COUNTERS GENTLEMEN: WE HEREBY OPEN OUR CLEAN IRREVOCABLE LETTER OF CREDIT NO. 3020336 IN YOUR FAVOR FOR THE ACCOUNT OF D.R. HORTON, INC. / CONTINENTAL HOMES MIAMI FOR AN AGGREGATE AMOUNT OF THREE HUNDRED SIXTY THOUSAND THREE HUNDRED SEVEN AND 50/100 UNITED STATES DOLLARS ($360,307.50) AVAILABLE BY PAYMENT OF YOUR DRAFT(S) AT SIGHT DRAWN ON OURSELVES WHEN ACCOMPANIED BY THE FOLLOWING DOCUMENT(S) : 1. A STATEMENT PURPORTEDLY SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE CITY OF BOYNTON BEACH STATING "THE FUNDS DRAWN UNDER THIS LETTER OF CREDIT ARE NEEDED TO PAY FOR CONSTRUCTION OF LANDSCAPING IN ACCORDANCE WITH THE CITY'S LAND DEVELOPMENT CODE IN CONNECTION WITH THE PROPOSED SUBDIVISION KNOWN AS MELEAR PUD AND CONTINENTAL HOMES MIAMI HAS FAILED TO COMPLETE THE WORK STATED"; 2. THE ORIGINAL LETTER OF CREDIT AND ANY SUBSEQUENT AMENDMENTS. IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT SHALL BE DEEMED AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR ADDITIONAL ONE YEAR PERIODS UNLESS WE NOTIFY YOU IN WRITING AT LEAST SIXTY (60) DAYS PRIOR TO THE CURRENT OR ANY FUTURE EXPIRATION DATE THAT WE ELECT NOT TO EXTEND THIS CREDIT FOR ANY SUCH ADDITIONAL ONE YEAR PERIOD. NOTICE TO THE CITY THAT THE LETTER OF CREDIT WILL EXPIRE, PRIOR TO THE PERFORMANCE OF THE OBLIGATIONS GUARANTEED BY THIS LETTER OF CREDIT, SHALL BE DEEMED A DEFAULT AND SHALL ENTITLE CITY TO COLLECT ON THIS LETTER OF CREDIT BY PRESENTATION OF SIGHT DRAFT(S) AND A STATEMENT PURPORTEDLY SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE CITY OF BOYNTON BEACH STATING "WE ARE IN RECEIPT OF YOUR NON-RENEWAL NOTICE FOR THIS LETTER OF CREDIT AND THE FUNDS DRAWN UNDER THIS LETTER OF CREDIT ARE NEEDED IRREVOCABLE STANDBY LETTER OF CREDIT NO. 3020336 TO PAY FOR THE LANDSCAPING IN ACCORDANCE WITH THE CITY'S LAND DEVELOPMENT CODE IN CONNECTION WITH THE PROPOSED SUBDIVISION KNOWN AS MELEAR PUD AND CONTINENTAL HOMES MIAMI HAS FAILED TO COMPLETE THE WORK STATED." THE LETTER OF CREDIT IS IRREVOCABLE AND SHALL REMAIN ENFORCEABLE UNTIL RELEASED BY A RESOLUTION ADOPTED BY THE CITY COMMISSION OR THE CURRENT OR ANY FUTURE EXPIRY DATE, WHICHEVER IS EARLIER. THIS LETTER OF CREDIT IS ENFORCEABLE IN A COURT OF COMPETENT JURISDICTION IN PALM BEACH COUNTY, FLORIDA, AND IS TO BE INTERPRETED BY FLORIDA LAW. H.",~ "fAme,;.''', N.A. Trade Ope'''''''''' Mailt"'llk:U\'1.70"1.)lJ-O'/ ,1lS, Ik",,<lty '\\L'llllC'.I'llhl'l",,, t."t\IIgclc,,(",\<JiJII17 ORIGINAL ()11-\'.I)~II~N;.,ll 'J.I'N" (t\'.I 1'1 #' r..J Recycled Paper . Bank of America .....~ ~~. .~ PAGE: 2 THIS IS AN INTEGRAL PART OF LETTER OF CREDIT NUMBER: 3020336 EXCEPT SO FAR AS OTHERWISE EXPRESSLY STATED HEREIN THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1993 REVISION), INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 500 AND IN THE EVENT OF ANY CONFLICT IS TO BE INTERPRETED BY FLORIDA LAW. LITIGATION HEREUNDER, IF NECESSARY. SHALL BE IN A COURT OF COMPETENT JURISDICTION IN PALM BEACH COUNTY, FLORIDA. WE HEREBY ENGAGE WITH YOU THAT EACH DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CREDIT SHALL BE DULY HONORED IF PRESENTED WITH DOCUMENT(S) AS SPECIFIED AND THE ORIGINAL OF THIS CREDIT, AT OUR OFFICE LOCATED AT 333 SOUTH BEAUDRY AVENUE, 19TH FLOOR LOS ANGELES, CALIFORNIA 90017, ATTENTION LETTER OF CREDIT DEPT., ON OR BEFORE THE ABOVE STATED EXPIRY DATE, OR ANY AUTOMATICALLY EXTENDED DATE AS PROVIDED FOR HEREIN. DRAFT(S) DRAWN UNDER THIS CREDIT MUST SPECIFICALLY REFERRENCE OUR LETTER OF CREDIT NUMBER. IF YOU REQUIRE ANY ASSISTANCE OR HAVE ANY QUESTIONS REGARDING THIS TRANSACTION, PLEASE CALL 213-345-6630. ~--------- AUTHORIZED SIGNATURE THIS DOCUMENT /,' rJ r---'. ~ _ _ ~t.'ML)!;i.~~~__~ -I - - --- , AUTHORIZED SIBNATURE CONSISTS OF 2 PAGE(S). DIT-L. BREAULT llank of "1l1~""a, N A Trade OI''''U''''''' Mail ("..Ie. ("\'1-7113-1<).1)<) 1,1 S Ik.""lry I\,ell"':, 1<1111 l'h,,,I', 1."",\ng.ck,,('A '1110j7 ORIGINAL 11111" ()~(J2NSlj \) I'N'! ( \,1 I'! ,. '.: Recycled Paper DEPARTMENT OF DEVELOPMENT MEMORANDUM ENG 99-083 TO: FROM: James Cherof, City Attorney Diane Reese, Finance Director Nancy Byrne, Acting Director ofDevelopment)\~ Ken Hall, Engineering Plan Check InspectorfTechnician ~ June 9, 1999 THRU: DATE: RE: MELEAR PUD - LETTER OF CREDIT FOR EXCAVATION AND FILL PROJECT Please review the attached draft Letter of Credit for the above referenced project and advise Engineering ifit conforms to Chapter 7 of the City's Land Development Regulations. By copy of this memo and attachment to Finance, we are requesting a check on NationsBank of Texas, N.A.'s rating status. KRH/ck Attachment: Copy ofLOC C:\My Documents\Melear PUD-Ex & Fill Restoration Surety.doc