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CORRESPONDENCE AFTER APPVL AUG-13-2009 09:01 AM YIANILOS - WATERBROOK 954 690 1534 8ft t/ot August 13,2009 Cc: tv ~cL~~ OO~@&la\~@@ AUG 1] 20W1 PLANNiNG AND ZONING DEPT Mr. Michael Rumpf Director of Planning and Zoning City of Boynton Beach, Florida (561) 742-6259 Mr. Rumpf: The purpose of this letter is to confirm that Waterbrook Peninsula LLC, the owner oftluij I Peninsula development understands that the cancellation of the permits for the 4 town1j I I home condominium buildings will cause a stipulation on the issuance of any Certificatel . ' of Occupancy on the property'll Specifically, NO CERTIFICATES OF OCCUPANCY WILL BE ISSUED PRIOR TO , II THE APPROV At OF A REVISED SITE PLAN EIlHER SHOWING THE INTENDE I I STRUCTURES FOR THE NOW EMPTY PARCEL OR SHOWING THE PARCEL A A VACANT PARCEL OF LAND. II Please let me know if you have any questions. My cell number is (561) 239-8712 and ~ email is tom@waterbrookinc.com. Email is best if you want me to modifY the languag~': I' of the letter. This stipulation will be passed on the any new owner of the property. Thi~" ;' letter has also been copied to our Counsel, Counsel for PNC Bank and a senior ,~! ,I representative of PNC Bank. N. Yianilos M aging Member Waterbrook Peninsula LLC Cc:Thornas Messana, Scott Underwood, Adam Marshall, Denise Schomack