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1999-52 . . CITY OF CLERMONT AND THE SOUTH LAKE COUNTY HISTORICAL SOCIETY, INC. AGREEMENT THIS AGREEMENT made between the CITY OF CLERMONT, a municipal corporation in Lake County, Florida, whose address is Post Office Box 120219, Clermont, Florida 34712-0219, herein known as "CITY" and THE SOUTH LAKE COUNTY HISTORICAL SOCIETY, INc., a Florida not-for-profit Corporation, whose address is Post Office Box 121723, Clermont, Florida 34712, herein known as "SOCIETY". WHEREAS, CITY owns a parcel of land on the shore of Lake Minneola in the City of Clermont and described as Johnson's replat lots 4 and 7 Incl, Blk 117, which was once used for the city barn, more fully described on Exhibit "A" attached hereto and hereafter frequently called the "subject property"; and WHEREAS, SOCIETY proposes to construct and operate a Clermont Historical Village and Museum on this property for the educational and cultural advancement of Clermont and the South Lake County community, and CITY fully supports these worthy goals, NOW THEREFORE, in consideration of the conditions stated herein, the parties agree as follows: 1. CITY grants to SOCIETY possession and control of the subject property at an annual rent of $1,00 for the purpose of construction and operation of a Historical Village and Museum and related functions. Possession and control of the property shall be for as long as the SOCIETY shall continue to operate the Historical Village and Museum. . . 2. In preparation for the construction ofthe Historic Village CITY agrees to remove its buildings from the city property as soon as possible within two (2) years of the date of this agreement. 3. SOCIETY agrees that landscaping and construction on the Historic Village shall begin as soon as possible and within four (4) months ofthe CITY removing its buildings from the property and failure to start such landscaping improvements may constitute breach of this Agreement. 4. CITY grants to SOCIETY the authority to make certain improvements and expansions to the property upon approval by the CITY. CITY approves the preservation of the Townsend House, now located on a site next to Highway 50 in Clermont, because of its historic value to the community and its relocation to the city property as Phase I in the construction of the Historic Village, In undertaking the relocation and restoration of the Townsend House and any other structures or historic fixtures acceptable under this Agreement, SOCIETY agrees to comply with all applicable building, zoning, life safety, land development and other applicable codes, ordinances, statutes, or administrative rules of state, local or federal agencies. 5. SOCIETY shall undertake the cost of restoration of the Townsend House, and its preparation as a public museum; and it shall seek assistance int he preparation and development ofthe city property as a Historic Village by various partners, foundations, government sources, clubs and civil organizations. 6. SOCIETY shall maintain the premises as a Historic Village and may adopt reasonable rules and regulations for the operation of such a public facility. . . 7. SOCIETY shall from time to time conduct fund drives for the collection of funds for the operation, maintenance, and debt reduction of the project. 8. SOCIETY agrees that during the period of construction and restoration of the buildings associated with the village and museum the land may be available, with CITY's approval for a park and recreational area for adults and senior citizens, 9. CITY will maintain the grounds, except for decorative landscaping. 10. Insurance and Bonds (a) SOCIETY shall maintain and keep in force full insurance coverage on the premises, including property damage, fire and casualty, and $1,000,000.00 liability coverage, naming the city as additionally insured, and pay the premiums therefore; and (b) During relocation siting, restoration, rehabilitation, reconstruction or periodic maintenance of or upon the subject property, or any structure located thereon by the SOCIETY or done on SOCIETY's behalf which (i) exceeds $500.00 in total aggregated cost or value or (ii) is not undertaken by SOCIETY volunteers where no consideration exceeding $500.00 shall be due or owing to anyone whether a SOCIETY volunteer or a third party, shall be bonded through a surety bonding company licensed to do business in Florida and rated at least A+ by Best's Services. Said bond shall bond the total amount of any and all labor, materials and services relating to the improvement undertaken releasing any claim, notice, or lien pursuant to either Chapter 713 (if applicable) and Chapter 255, Florida Statutes. SOCIETY shall release to surety bond or secure a releases of lien any claims filed by laborers, material men, contractors or professionals within ten (10) days of any such notice. SOCIETY shall maintain and keep in force full insurance coverage on the contents, 16. . . equipment, furniture and furnishings of all buildings in the Historic Village complex and pay the premiums, 11. SOCIETY shall pay all utilities. 12. If the SOCIETY should fail to meet the condition of this Agreement, the Townsend House shall become the property of the City and CITY shall have sole control ofthe property and structures. 13. This Agreement shall terminate if The Townsend House has not been relocated to the site within twenty-four (24) months and if the Townsend House has not been restored for public use within thirty-six (36) months from the date of this Agreement. 14. CITY may, at its option, designate a City Council Member to serve as a "ex- officio" member of the Board of Directors of SOCIETY. 15, This Agreement constitutes the entire agreement between the parties and is binding upon the parties, their heirs and successors. This agreement may not be assigned without the consent of both parties. The subject property is tax exempt. The CITY and SOCIETY acknowledges and agree that this tax exempt status represents a significant savings to the City of Clermont and its citizens (a) CITY and SOCIETY agree that each shall avoid doing anything that would jeopardize this tax exempt status. SOCIETY acknowledges and represents that it is currently a corporation not for profit and has (or has applied to be) a tax exempt corporation pursuant to the U. S, Tax Code, and that SOCIETY will maintain these statuses; that SOCIETY will use the subject property only as a Historic Village for the use and benefit of the general 18, . . public which the City's City Council has declared to be a public purpose; SOCIETY agrees to notify the City within seven (7) days if Society received any notice, letter, form or other official correspondence from the Lake County Property Appraiser, the Florida Department of Revenue or the U. S. Internal Revenue Service relating to the tax exempt status of the subject property, or imposing any tax lien or claim or relating to the non-profit status of Society. SOCIETY shall fully cooperate with the City in all efforts by the City to maintain or defend the tax exempt status of the subject property and to assist City if City elects to challenge a determination of the tax ability of the subject property or Historic Village in any and all administrative or judicial forums necessary and as determined by the City. (b) Failure of Society to maintain its non-profit and tax exempt status and otherwise comply with subparagraph 18(a) shall be a basis for the City to terminate this Agreement. 17. Failure to Comply With Agreement. Failure to comply with this Agreement shall be a basis for terminating this Agreement. Notice of a default shall be sent by U. S, Mail, postage pre-paid, to the addresses above. Notice of a violation ofthis Agreement shall specify that a breach of the Agreement has occurred, that the alleged breaching party shall have fifteen (15) days to cure any alleged breach. Failure to timely cure a breach of this Agreement shall be a basis for terminating this Agreement. All notices required by this Agreement shall be in writing, and shall be sent postage prepaid, or hand delivered to: . . CITY SOCIETY PRESIDENT With Copy to: With Copy to: Office of the City Manager One Westgate Plaza Post Office Box 120219 Clermont, Florida 34711 James Grant, President 24 Emerald Lakes Post Office Box 121923 Clermont, Florida 34711 DATED this r2,/ day of ~ ¡;I/,I77)uy¿/. 1999. ATTEST: ~æe City Clerk ATTEST: CITY OF CLERMONT ~~ Mayor SOUTH LAKE COUNTY HISTORICAL SOCIETY, INC, ~~J JIM T PresIdent ~~-- Bonnie L. Ray L Secretary