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1994-32 . - . ... ,8 . UTILITY SERVICE AGREEMENT THIS AGREEMENT entered into this Jj'-t! day of ,.r~ 1994 by and between the CITY OF CLERMONT, FLORIDA, a municipal subdivision of the State of Florida (hereinafter referred to as the "City"), Florida corporation and DEVELOPMENT, INC. , MAK a (hereinafter referred to as the "Developer"). WITNESSETH: WHEREAS, the City is in the business of providing water and wastewater service to residential users in the City of Clermont and its surrounding areas; and WHEREAS, the Developer is the contract purchaser of two (2) tracts of presently vacant property on Hancock Road in Lake County, Florida, more particularly described in Exhibit "A" attached hereto (the "Knapp Property"); and WHEREAS, the Developer intends to develop the Knapp Property in several stages into approximately three hundred and twenty-five (325) residential lots (the "Lots"), and two hundred fifty-five thousand (255,000) square feet of commercial space; and WHEREAS, the Developer has requested that the City provide water and wastewater service to the Lots to be developed on the Knapp Property; and WHEREAS, the City has agreed to provide such service under the terms and conditions contained in this Agreement. NOW THEREFORE, in consideration of the premises hereof and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties as hereto agree follows: '.. , 8 8 1. The City shall have available in the right-of-way of Hancock Road adjacent to the Knapp Property adequate facilities to provide water and wastewater service to the Lots and commercial parcels to be developed on the Knapp Property wi thin nine ( 9) months of the date of this Agreement. The City shall provide water and wastewater service to said Lots and commercial parcels through these facilities and the on-site facilities to be constructed by the Developer. 2. The Developer shall design, construct and install an on- site water distribution system, wastewater collection system and their connection to the lines in Hancock Road for the Lots and commercial parcels to be developed on the Knapp Property (the flOn- Site Systemfl) . The On-Site system shall be designed to the City's standards and good engineering standards approved by the City. As the phases of the On-Site System are completed, the Developer shall convey such phases of the system to the City, at no cost to the City, and the On-Site System shall belong to the City and shall be maintained by the City. 3. The Developer shall pay the City impact fees for the water and wastewater service that the City will provide to each Lot and commercial parcel to be developed on the Knapp Property. The wastewater impact fee shall be the same impact fee which the City charges to other customers of the wastewater treatment plant which will serve the Lots and commercial parcels. The water impact fee which the Developer shall pay to the City shall be the fee charged by Lake Hills Utilities, Inc. to the City for water connections 2 , 'Y" . 8 8 (the .'Connection Fee"), together with the City's interim service fee of THREE HUNDRED TWELVE DOLLARS ($312.00) (the" Interim Service Fee"). The Lake Hills Utilities, Inc. Connection Fee, by approval of the Florida Public Service Commission ("FPSC"), may be adjusted, in which event, the Developer agrees to pay the prevailing Connection Fee so approved by the FPSC for those units purchased after the effective date of the adjusted Connection Fee. In the event that the City ceases to obtain the water supply to serve the Lots and the commercial parcels to be developed on the Knapp Property from Lake Hills Utilities, Inc., and the City is no longer required to pay the Lake Hills Utilities, Inc. Connection Fee, the Developer shall not be required to pay the Lake Hills Utilities, Inc. Connection Fee to the City. The Developer will continue to be required to pay the City's Interim Service Fee. 4. Wi thin nine (9 ) months of the effective date of this Agreement, or at the time the City has water and wastewater facilities existing and available to serve the Knapp Property adjacent to the Knapp Property in Hancock Road, whichever is later, the Developer shall pay to the City wastewater impact fees for the first one hundred (100) Lots. Thereafter, the Developer shall pay for water and wastewater impact fees at the time of application for a building permit, except that water impact fees will be paid to the City at such time as the City shall pay water connection fees to Lake Hills Utilities, Inc. , if sooner than the time of application, but, in any event, prior to connection of the Lot or parcel to the On-Site System. 3 . " "C 8 8 5. The Developer agrees that it will request the City to annex the Knapp Property into the City within nine (9) months of the effective date of this Agreement, or when the City begins to provide the Knapp Property with water and wastewater service, whichever is later; provided the Knapp Property is contiguous to other City property so that it is eligible for annexation. 6 . In the event the City shall fail to have water and wastewater facilities in Hancock Road adjacent to the Knapp Property which have the capacity to provide water and wastewater service to the Lots to be developed on the Knapp Property, on or before nine (9) months from the date hereof, the Developer shall have the right at any time thereafter until said facilities are so available to terminate this Agreement. If the Developer terminates this Agreement because of the City's failure to provide such service, it shall have the right to obtain water and wastewater service to the Lots from a private utility company or companies regulated by the FPSC. 7. The Developer agrees that all of the residents of the houses to be constructed on the Lots on the Knapp Property shall be water and wastewater customers of the City. The City shall serve said customers for such water and wastewater rates which are uniform with respect to those rates charged to other customers who are similarly situated. 8. This Agreement shall be binding upon and shall inure to the benefit of the City, the Developer and their respective assigns and corporate successors by merger, consolidation or conveyance. 4 . "". 8 8 9 . All notices provided for herein shall be in writing or by telegram, and shall be mailed by registered or certified mail or delivered to the addresses shown below, which addresses may be changed by either party giving proper written notice to the other as provided herein. Developer: MAK Development, Inc. P. O. Box 3873 Longwood, Florida 32791 City: City of Clermont, Florida P. O. Box l202l9 Clermont, Florida 347l2-02l9 lO. This Agreement shall be governed by the law of the State of Florida, and it shall be and become effective immediately upon execution by both parties hereto. IN WITNESS WHEREOF, the City and the Developer have executed, or have caused this Agreement to be executed, in several counterparts, each of which counterpart shall be considered an original copy of this Agreement. Signed, Sealed and Delivered in the presence of: O/YV1~ ~ &~- CITY OF CLERMONT, FLORIDA BY'~~ (SEAL) MAK dell, President , Jl.. ->" -f#p ~ f!Æu ~ fl ;;X Ida Á ~ By: (SEAL) 138274\MADDOXDJ 5 .' .,.- 8 8 EXHIBIT "A" to Utility Service Agreement by and between the City of Clermont, Florida and MAK Development, Inc. Tracts 19 and 20 of the map of property of Lake Highlands Company of Florida, recorded in Plat Book 2, Page 28, of the Public Records of Lake County, Florida. Subject to rights-of-way for State Highway No. 50 and Hancock Road. Approximately 19.83 acreSI. (Commercial) AND Tracts 29 through 34, inclusive, of the map of property of Lake Highlands Company of Florida, recorded in Plat Book 2, Page 28, of the Public Records of Lake County, Florida. Subject to right-of-way of Hancock Road. Approximately 59.52 acreSI. (Residential) AND The West 1/2 of the Northwest 1/4 of the Southwest 1/4 of the Northwest l/4 of Section 27, Township 22 South, Range 26 East, Lake County, Florida. Less rights-of-way for State Highway No. 50 and Hancock Road. Approximately 4.2l acreSI. (Commercial) AND The Northwest 1/4 of the Southwest 1/4; and the South 1/2 of the Southwest 1/4 of the Northwest l/4, all in Section 27, Township 22 South, Range 26 East, Lake County, Florida. Less right-of-way for Hancock Road. Approxi- mately 59.07 acreSI' (Residential) 131935\MADDOXDJ