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HomeMy WebLinkAboutMartin Marietta Materials Binding Development Agreement 2010. tom ...... ... .. . Prepared by and Return to: Katherine W. Latorre, Esq. Cape Canaveral Assistant City Attorney Brown, Garganese, Weiss & D'Agresta, P.A. P.O. Box 2873 Orlando, FL 32802 -2873 (407) 425 -9566 Parcel ID Nos.: 24- 37- 15 -00- 00002.0- 0000.00 24- 37 -15 -00- 00031.0- 0000.00 CFN 2010222299, O R 6 K 6279 PAG E 1459, Recorded 1 1/1 5120 10 at 03:38 PM, Scott Ellis, Clerk of Courts, Brevard County # Pgs:4 SECOND AMENDMENT TO BINDING DEVELOPMENT AGREEMENT This SECOND AMENDMENT TO BINDING DEVELOPMENT AGREEMENT ( "Second Amendment "), is made and entered into this' 19t Way of October , 20 10 by and between the CITY OF CAPE CANAVERAL, FLORIDA, a Florida municipal corporation, whose address is 105 Polk Avenue, Cape Canaveral, Florida 32920 ( "City "), and MARTIN MARIETTA MATERIALS, INC., a North Carolina corporation authorized to conduct business in Florida, whose address is 2710 Wycliff Road, Raleigh, North Carolina 27607 -3033 ( "Owner "). WITNESSETH: WHEREAS, Owner is the fee simple owner of the real property ( "Property") subject to this Second Amendment by virtue ofthe Special Warranty Deed recorded at Brevard County Official Record Boole ( "ORB ") 6122, Page 73; and WHEREAS, the Property is subject to the terms of that Binding Development Agreement with the City dated March 30, 2006, and recorded at ORB 5643, Page 6676, as amended by that Amendment to Binding Development Agreement dated December 22, 2008 and recorded at ORB 5904, 7183 (collectively referred to "Agreement "); and WHEREAS, the Agreement provides for specific on -site and off -site regulations related to the transportation of aggregates; and WHEREAS, the Agreement includes a unity of title provision, which prohibits Owner froze conveying any interest in the Property which would cause loss of unity of ownership or title without first obtaining the written consent of the City; and WHEREAS, Owner desires to convey title to a portion of the Property and has submitted a lot split application to the City pursuant to section 98 -66 of the City Code; and WHEREAS, City and Owner desire to amend the Agreement to authorize Owner to convey title to a portion of the Property; and SECOND AMENDMENT TO BINDING DEVELOPMENT AGREEMENT City of Cape Canaveral / Martin Marietta Materials, Jnc. I of 3 UL NOW THEREFORE, in consideration of the mutual covenants and conditions contained herein, the sufficiency of which are acknowledged by the parties, the parties agree to amend the Agreement as follows: Section 1. Recitals. The foregoing recitals are hereby deemed to be true and correct and are fully incorporated herein by this reference. Section 2. Amendment to Agreement Owner shall be permitted to convey title or interest to that portion of the Property legally described in Exhibit "A," attached hereto and fully incorporated herein by this reference_ The remainder of the Property subject to the Agreement shall remain unified in title and ownership for development purposes consistent with the requirements of the Agreement. Section 3. Remaining Terms & Conditions. All other terms and conditions of the Agreement not expressly modified herein shall remain in full force and effect and the Property, including any portion conveyed pursuant to the authority granted herein, shall continue to be bound by same. Section 4. Recordation. Upon approval and full execution of this Second Amendment by all parties hereto, the City Clerk shall record same in the Public Records of Brevard County, Florida. Section 5. Effective Date. This Amendment shall become effective immediately upon execution by all parties hereto and upon the City Council's adoption of Resolution 2010, approving Owner's application for a lot split. IN WITI_i the parties hereto have executed this Second Amendment on the date first aboV CITY OF CAPE CANAVERAL: By: ��" la.� Rocky Randels, Mayor A e Approv as to'legal'form and sufficiency: - /Z , � Anthony A. Garganese, City Attorney SECOND AMENDMENT TO BINDING DEVELOPMENT AGREEMENT City of Cape Canaveral / Martin Marietta Materials, Inc. 2 of 3 MARTIN MARIETTAMATERTALS, INC.: B y : C L Title: Print Name: WITN Print Name: n h t �), ta (�� Pri Name: OrCfl (; STATE OF N(}� ftf � Ink COUNTY OF IJ� AY ) Tile foregoing instr ment was acknowledged before me this day ; 2010, by as �/i of Martin Marietta Materials, Inc., a Rorth Carolina corporation, M who is personalty known to me or [ ] produced as identification. NOTARY R` Notary Public — State of PUBLI � MOU1 Print Name 7111p I 1 1111555 My Commission Expires SECOND AMENDMENT TO BINDING DEVELOPMENT AGREEMENT City of Cape Canaveral / Martin Marietta Materials, Inc. 3 of 3 a A P¢RCEL OF LAND LYING IN SECTION 15, TOWNSHIP 24 SOUTH, RANGE 37 EASY, TALLAHASSEE BASE !MERIDIAN, BREVARD COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS= COMMENCE AT THE NORTHEAST CORNER OF SAID SECTION 15 iA DEPARTMENT OF NATURAL RESOURCES CERTIFIED SECTION CORNER, DOCUMENT NO. 00187707, 4 -10 -843. THENCE S00' 47 1 35 "E. ALONG THE EAST LINE OF SAID SECTION 15, A DISTANCE OF 559.00 FEET TO THE POINT -OF- BEGINNING. THENCE N89 55'48"W. ALONG THE SOUTH LINE OF THE CANAVERAL PORT AUTHORITY A DISTANCE OF 191.52 FEET; THEN& SOO" 13'48 "E, A DISTANCE OF 361.25 FEET. THENCE S45 00'00 "E, A DISTANCE OF 11.87 FEET. 'THENCE S45 00'00 "W, A DISTANCE OF 11.80 FEET. THENCE SOO.13'48 "E, A DISTANCE OF 370.24 FEET. THENCE S45. 00'00 "E, A DISTANCE OF 13.64 FEET. THENCE S45 00'OO "W,A DISTANCE OF 14.44 FEET. THENCE S00. 13'48 "E, A DISTANCE OF 167.27 FEET TO THE NORTH LINE OF THE LANDS DESCRIBED IN DEED BOOK 328, PAGE 311. THENCE S89" 52'44 "E, ALONG SAID LIFE, A DISTANCE OF 201.52 FEET TO THE AFORESAID EAST LINE OF SECTION 15. THENCE N00 47'35"W, ALONG SAID LINE. A DISTANCE OF 935.49 FEET TO THE POINT -OF- BEGINNING. CONTAINING 4,212 ACRES, MORE OR LESS AND BEING SUBJECT TO ANY EASEMENT'S AND /OR RIGHTS -OF -WAY OF RECORD, EXHIBIT A