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HomeMy WebLinkAboutSecond Modification to Binding Developer's AgreementTHIS INSTRUMENT WAS PREPARED BY AND SHOULD BE RETURNED TO: Anthony A. Garganese. City Attorney of Cape Canaveral Brown, Garganese, Weiss & D'Agresta, P.A. I I I N. Orange Avenue, Suite 2000 Orlando, FL 32802 (407) 425-9566 CAPE CARIBE 10 CFN 2014015850. OR B 7054 PAGE 2186, Recorded 01/27/2014 at 02:33 PM, Scott Ellis, Clerk of Courts, Brevard County A Pgs 10 SECOND MODIFICATION TO BINDING DEVELOPER'S AGREEMENT THIS SECOND MODIFICATION TO BINDING DEVELOPER'S AGREEMENT ("Second Modification") is made on this ,21"rday of January, 2014 by and between the CITY OF CAPE CANAVERAL, a Florida Municipal Corporation ("City") and CAPE CARIBE, INC., a Florida Corporation ("Owner") whose principal address is 1000 Shorewood Drive, Suite 200, Cape Canaveral, FL 32920. WITNESSETH: WHEREAS, this Agreement is a second modification to a developer's agreement entered into pursuant to the Florida Municipal Home Rule Powers Act, codified in Chapter 166, Florida Statutes; and WHEREAS, Owner is the current fee simple owner of record of certain real property and holds easements over certain real property located within the City of Cape Canaveral and more particularly described herein ("Property"); and WHEREAS, Owner and City previously entered into that certain Binding Developer's Agreement recorded on and with an Effective Date of April 22, 2010 in the Public Records of Brevard County, Florida at Official Records Book 6152, Page 2042, as amended by that certain Modification to Binding Developer's Agreement recorded on January 18, 2012 in Official Records Book 6521, Page 1746 of the Public Records of Brevard County, Florida (collectively referred to as "BDA"); and WHEREAS, pursuant to Section 6.0 of the BDA, the Owner amended the Revised Site Plan by submitting certain revisions to Building 5 as set forth in the signed and sealed site plan — Building 5 prepared by Allen Engineering, Inc., dated August 26, 2013 and approved by and on file at the City of Cape Canaveral, City Hall; which reduced the size of the building and the number of units in Building 5 than was depicted in the Revised Site Plan; and WHEREAS, Owner desires to further amend the Revised Site Plan by reducing the size of Building 4 and the number of units in Building 4 as shown on the Revised Site Plan and adding a new Building 8 utilizing the units previously in Buildings 4 and 5 (without exceeding the total units allowed in the Revised Site Plan or BDA) as depicted in the conceptual site drawing attached hereto and referred to hereinafter; and WHEREAS, Owner also desires to locate the new Building 8 on a portion of the Property which is currently restricted by Ordinance No. 03-2008 for only recreational amenities and parking uses; and WHEREAS, in conjunction with this Second Modification, Owner has requested an amendment to Ordinance No. 03-2008 to allow for the addition of Building 8 on the restricted portion of the Property consisting of only dwelling units (as more specifically defined by Section 110 -1, City Code) and subject to the terms and conditions of this Second Modification; and WHEREAS, Owner further desires to amend the development schedule as set forth in the BDA due to current economic conditions; and WHEREAS, the City and Owner believe it to be in the best interests of both parties to enter into this Second Modification; and WHEREAS, the City Council finds this Second Modification to be consistent with the City's Comprehensive Plan and land development regulations. NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements set forth and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1.0 Recitals. The foregoing recitals are true and correct and are hereby incorporated herein by this reference. 2.0 Authority. This Agreement is entered into pursuant to the City's home rule powers granted by the Florida Constitution and the Florida Municipal Home Rule Powers Act. 3.0 Modification to Section 5.0 of the BDA. Section 5.0 of the BDA shall be modified as follows (underlined type indicates additions to and strikethureu e indicates deletions from the existing text of the BDA): 5.0 Duration of Agreement. This Agreement shall be binding on the Property for a term of twenty five (25) 630) years from the Effective Date unless sooner terminated pursuant to Section 17.0 herein. Any extension to this Agreement shall be evidenced in a written amendment hereto, executed by both parties and approved by the City Council consistent with Section 22.0 herein. DEVELOPER'S AGREEMENT City of Cape Canaveral / Cape Caribe, Inc. Page 2 of 9 4.0 Modification to Section 6.0 of the BDA. Section 6.0 of the BDA shall be modified as follows (underlined type indicates additions to and -slid ke4u-,aL� type indicates deletions from the existing text of the BDA): 6.0 Revised Site Plan. Owner agrees to develop the Property in accordance with its revised site plan, approved by the City Council on March 2, 2010 ("Revised Site Plan"), effective consistent with Section 16.0 herein, and pursuant to the terms and conditions of this Agreement and all applicable laws. The Revised Site Plan is depicted on the signed and scaled site plans prepared by Allen Engineering, Inc., dated April 1, 2008 (revised on February 25, 2009) and on -file at Cape Canaveral City Hall, as amended by the site plan for Building 5 prepared by Allen Engineering., Inc. dated August 26, 2013; revised on October 4, 2013 and on file at Cape Canaveral City Hall, As a matter of convenience, and at the request of Owner, the Revised Site Plan may be amended from time to time by the City without further amendment to this Agreement. Any such amendment to the Revised Site Plan shall automatically be incorporated herein by this reference. Additionally, the parties acknowledge that it is the Owner's intention to further amend the Revised Site Plan consistent with the conceptual site plan attached hereto as Exhibit "A" (-Concept Plan"') depicting the addition of Building 8 and the reduction in size of Buildings 4 and 5. 5.0 Modification to Section 10.1 of the BDA. Section 10.1 of the BDA shall be modified as follows (underlined type indicates additions to and type indicates deletions from the existing text of the BDA): 10.1 Phersin,,. The Concept Revised Sit Plan depicts a total of Lilflit LS) C, seven (7) buildings containing 600 hotel and resort condominium units, The number of units are calculated based on the number of Keys as defined below. The parties acknowledge that some of the units constructed (or to be constructed) on the Property have been (or will be) designed so that a portion of the unit inay be divided by a lockable door into a separate smaller independent living and sleeping area known in the industry as a ("Lock Out"). In Such case both the remaining portion cif the original unit. and the Lock Out have independent sleeping and cooking facilities consisting of a kitchen or kitchenette and both are acccqsible to the outside by a separate exterior door with a separate key. The parties further acknowledge that in such cases both the remaining portion of the original unit and the Lock Out shall be considered as two (2) separate units for density calculation purposes under the City's Code and the Agreement and each hereinafter shall be referred to as a key Consistent with the Original Site Plan and as of the Effective Date, Buildings I and 2 containing 206 1�,es uiiits are constructed on the Property. Subject to the termination provisions set forth in Section 17.0 herein, Owner and City agree that Owner shall be permitted to phase the developii-rent of the remaining six (6) five (5) unconstructed buildings, designated as Buildings 3 through 8 -7 (-[Zeniaining Buildings"), and containing a total of 394 LM tm4F,, in accordance with the Revised Site Plan and Concept Plan pursuant to the f'ollowing development Schedule: DEVELOPER'S AGREEMENT City of Cape Camaveral / Cape Caribe, Inc. Page 3 A'9 10-1.1 No later than five (5) years from the Effective Date, Owner shall submit the building permit application to construct the first building of the unconstructed Remaining Buildings. 10. 1.2 No later than ten (10) years from the Effective Date, Owner shall submit the building permit application to construct the second building of the unconstructed Remaining Buildings. 10.1.3 No later than fifteen (15) years from the Effective Date, Owner shall submit the building permit application to construct the third building of the unconstructed Remaining Buildings, provided that the first and second buildings of the Remaining Buildings are substantially complete or have received a certificate of occupancy. 10.1.4 No later than twenty (20) years from the Effective Date, Owner shall submit the building permit application to construct the fourth building of the unconstructed Remaining Buildings, provided that the third building of the Remaining Buildings is substantially complete or has received a certificate of occupancy. 10.1.5 No later than twenty-five (25) years from the Effective Date, Owner shall submit the building permit application to construct the fifth and sixth buildings of the unconstructed Remaining Buildings, provided that the fourth building of the Remaining Buildings is substantially complete or has received a certificate of occupancy. 6.0 Modification to Section 10.3 of the BDA. Section 10.3 of the BDA shall be modified as follows (underlined type indicates additions to and stikethmugh type indicates deletions from the existing text of the BDA): 10.3 Concurrency. The City agrees to issue Owner an initial concurrency compliance certification for all levels of service of the various public facilities to support the specific impacts of the proposed development consistent with the requirements of Chapter 86 of the City Code. This certification shall reserve concurrency capacity for the Property for a period of twelve (12) ien (10) years from the Effective Date ("Initial Concurrency"). Notwithstanding the above, the Owner acknowledges that concurrency for Potable Water from the City of Cocoa may be reserved for a period less than twelve (12) ten (10) years, therefore the City agrees to reserve the maximum term available for the Property. 7.0 Modification to Section 11.0 of the BDA. Section 11.5 is hereby adopted: 11.5 The City and the Owner acknowledge that the City has repealed Section 110-486, Resort Condominium, have adopted Section 110-491 (codified as 110-490.1) Vacation Resort Campus and have amended Section 110-487, Rental Restrictions on DEVELOPER'S AGREEMENT City of Cape Canaveral / Cape Caribe, Inc. Page 4 of 9 Dwelling Units. The City acknowledges that Ron JonO Cape Caribe Resort on the Property is a Vacation Resort Campus, as delined, under Section 110-49.1 and the BDA, as amended by this Second Modification and thereafter, shall be considered a master developirient agreement pursuant to Section 110.491. 8.0 Addition of Section 37 of the BDA. Section 37.0 is hereby adopted: 37.0 Or(linance 16-2013. Owner has made an application to amend the certain use restrictions set forth in Ordinance No. 03-2008 which restricts the use of approximately 1.2 acres of the Property. Building 8, which is proposed on the Concept Plan, is to be located within this 1.2 acres of restricted use property. In conjunction with the approval of this Second Modification by the parties, Ordinance 16-2013 was adopted by the City, with the full consent of Owner, to allow for the construction of Building 8 containin dwelling units as more specifically defined under Section 110 -1, City Code) consistent with those CUITOIltlY existing on the PI-012erty in the buildings identified as Buildings I and 2 on the Revised Site Plan. The dwelling units in Building 8 may include Lock Out units subjeci to the provisions of Section 10. 1 herein. 9.0 Modification to Section 15.0 of the BDA. Sections 15.0, 15.1 and 15.4 are modified and 15.2 and 15.3 are deleted as Follows (underlined type indicates additions to and type indicates deletions from the existing text of the BDA): 15.0 Stormwater Management. The Property is served by a storinwater system approved by the City and the Florida Department of Environmental Protection ("DEP"). This stormwater system consists of a series of retention trenches, ponds and I swales located on the Property and on the properties located immediately adjacent to the Property, commonly known as "Solaria Shores" and "Solana Lake", �AT]Jieh trenches and, ponds cooperatively serve as the storrnwater management system for the Property and the aforementioned adjacent properties ( "Stormwater System"). Based on drainage computations and exhibits provided by Allen Engineering elated September 4, 2009, the City has determined the Stormwater System provides sufficient storage capacity as required by City Code for the Property depicted on the Revised Site Plan. However, the City is desirous to have Owner establish an Ernergency Drawdown Plan to assure that excess storniNvater can be removed frorn the Stormwater System in an expeditious manner prior to a, Storni, Event, as defined lierein. flie . r 4,11 Q4 ( -A'flef 11'0 pf-ON-1-le R I'le Mormwater System. 15.1 Emergenq �Dravrcloivn Plan. Owner has shall use all i-easoilable effel-ts, 4f) established an emergency drawdowii plan ("Plan") and has obtained approval From DEP pursuant to the Environmental Resource Permit No. ERP05-0151977-006-EM issued by the Florida Department of Environmental Protection dated July 14, 2011 whicl► is acceptable to the City to drawdown the water levels of the Stormwater System. Owner shall perform an emergency drawdown of'the Stormwater System in accordance witli its Plan prior to any IlUrricane, tropical storm, or any 100 -year storin event (defined as producing 11 or niore inches of rainfall within a 24-hour period) DEVELOPER'S AGREEMEN]" City ol'C'ape Canaveral / Cape Caribe, Inc. Page 5 ol'9 (collectively, "Storm Event") forecast to affect the City of Cape Canaveral when the Stormwater System water levels are above the Plan elevation. Owner shall be responsible for securing, maintaining and operating the necessary equipment to facilitate the pumping of excess stormwater from the Stormwater System and through the Canaveral Port Authority's ("Port's") stormwater system. 15.2 &epwfi�wkf- ut 0 faW. Prior- to the issuanee of a building peFfflit fer- afly new building shown en the Revised Site Plan, the Owner- shall ebtffin a steffflweteF PeMit MO-di—A-0-ati-0-ft fiaffl- t-h-60 -QV-IP fer- thO Steffn'Atftter- S5-SWFA. PUFtheFMON, th-e Owner's applieatie% fef the sfeFmwater- pemit medifleation shall inelude, but net be limited , to all suppeFting data, eemputations, design and senstFustien plans tO Fequest a I . )f the e*Wing Swa:qwater- 859tem fi;em a retention design to a detemian desigH 4hat provides &r- 141; 01-141:611. A-f- the Steffmx&ater- System thr-euo the Peft's sfer-m%tafer- sy-s; s:-A .6-Stermwater Owfall"). The Stei;mwater- Ougall shall be designed as a peFmanen4 ptimp system that alltomatieelly maiwains the water- levels in the existing Solana I.-4Ee and Solana Sher-e ponds. 15.32 P�eqcpofk 4ppi-eiw� OwneF shall be responsible fer obtaining a revised stenawater- peFmit &efn DEP prior- to eenstmeting any medifieati-e-as te th-p- Sfeffflwater- System. The City and Ownef aeknowledge and affee that all stem+water- p! RS —Aft�d medifieefiem eentefople4ed in Seetien 15.0 herein shall only ifie-lud-e- th-e- Plan or. 4he Stem,rwater- Outfall and related impr-evements be eempleted by the Ownei-7at seeh tifne thAt PA;q efappFeval ffe eblained from both the DEP and the PeFt. 15.42 Other Conditions. The Plan an4 SteFmwater- Outfell shall be maintained on file at the City's Building Department and shall include documentation demonstrating that the DEP and the Port have perpetually authorized Owner to pump stormwater out of the Stormwater System through the use of the Port's public stormwater conveyance system. Such authority to pump through the Port's system shall be demonstrated in a perpetual, recorded easement in a form acceptable to Owner and the City Attorney. Upon issuanee of a peFmit for StefmwateF Ougell by DEP-,4-ihe Owner-, subjeet to See4ion 15.3-, shall be responsible for maintaining the Plan and StermweAer- Outfigl systems. Owner- shall have the Stormwater AWN! Systems inspected at least annually by a licensed engineer and shall provide the City with a written inspection report following each inspection. 10.0 Modification to Section 18.0 of the BDA. Section 18.0 of the BDA shall be modified as follows (underlined type indicates additions to and stiikethmu type indicates deletions from the existing text of the BDA): 18.0 Annual Review & Inspection, Report. At the discretion of the City, the City's Building Official and Planning & Development Director shall coordinate with Owner to schedule an- a review and inspection of the Property by the City to determine if Owner has demonstrated good faith compliance with the terms and conditions of this Agreement. The annual review and inspection pursuant to this Agreement shall occur eaeh DEVELOPER'S AGREEMENT City of Cape Canaveral / Cape Caribe, Inc. Page 6 of 9 year- en of: aratind th- --y of the Eff-eeti:N,e Date no :More frequently than annually and the findings of the Building Official and Planning & Development Director shall be memorialized in a written report "Annual RepefH, a copy of which shall be provided to -41 -- Owner. — 4-1- A -,mmal R�oi-t shall be pi-esenied annually to the City Geaneil ail, a duly held City Ceuriel" meeting, The annual inspection permitted unclor this Section shall not be construed or inteD?reted in any way to limit the City's right to inspect the Property for other purposes in accordance with the City's police Powers. 11.0 Recordation, This Modification shall be recorded in the public records of Brevard County, Florida, and shall run with the land. 12.0 Miscellaneous. All terms and conditions of the BDA and other development approvals by the City for the project, which are not expressly and specifically modified by this Second Modification, S11811 Continue to rernain in ftill force and effect. For purposes of future contract interpretation purposes, the BDA and the Second Modification shall collectively be referred to as the "Agreement" IN WITNESS WHEREOF, the parties have hereunto set their hands and seal on the dates indicated.-below. . By: Angel(i Apperson, , ty Clerk CITY: City of Cape Canaveral, a Florida municipal corporation By: a. " Rocky Randels, Mayor Date: APPROVED AS TO FORM AND LEGALITY For the use and reliance of the City of Cape Canaveral, Florida Only tlDate., B Y: ZYA1<--1 AWnf-ho'lly A. Garganese City Attorney, for the City of Cape Canaveral, Fl. DBICLOPER'S AGRE'EMENT City of Cape Caiiaveral / Cape Caribe, Inc. Page 7 c)1'9 STATE OF FLORIDA COUNTY OF BREVARD The foregoing instrument was acknowledged before me this 00—day of 2014 by Rocky Randels and Angela Apperson, well known to ine to be the Mayor and City Clerk respectively, of the City of Cape Canaveral and acknowledged before ine that they executed the foregoing instrument on behalf of the City of Cape Canaveral, as its ti-Lie act and deed, and that they were duly authorized to do so. 'Iry Public Si nature MIA GOFORTH q Notary Public - State of Florida 4 (NO Comm, Expires May 16, 2017 Commission # EE 866939 Bonded Through National Nolary Assn, Signed, sealed and delivered in the presence of the following witnesses: Signature of Witness :n David L Greene Printed Name of Wit ' s Signature of Witness Z�) Ken Ward Printed Narne of Witness Mia Goforth Print Name Notary Public, State of Florida Commission No.: EE 866939 My Conunission Expires: May 16, 2017 OWNER: Cape Caribe, Inc., A Florida CoUmoration By: .10 R. Grandlich, It's Vice President Date: //7, //i IDEVELOPER'S AGREEMENT City of Cape Canaveral / Cape Cal-ibe, 111C. Page 8 of STATE OF FLORIDA COUNTY OF BREVARD The foregoing instrument was acknowledged before me this 2-( $— day of —' avvtl-e& 2014 by John R. Grandlich, as Vice President of Cape Caribe, 111c., a Florida Corporation, on behalf of said company. He is personally known to me or produced of as identification. ANGELA M. APPERSON My COMMISSION # DO 980218 EXPIRES. April 13, 2014 Banded Thru Notary Public Underwrites (NOTARY SEAL) Notary Public SignakA Angela M. Apperson Print Name Notary Public, State of Florida ConimissionNo.:DD 980218 My Commission Expires: April 1.3, 2014 DEVELOPER'S AGREEMENT City oFCape Canaveral / Cape Car-ibe, Ine. Page 9 or9 groimmorwrom III ! ` '| ' ` -- "'��v/� T-- � } � I Exhibit':1 1 , . ( ' \ ', ,...,:1:::::..... 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