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2006-14return to Laity ai ~l~,rmort '~:rty :Jerk ~'.~. fox 120219 WATER & WASTEWATER SERVICE AGREEMENT ~?er7ront, FL 34712-0219 This document constitutes an agreement between the CITY of Clermont, hereby referred to as CITY, a municipality of the State of Florida, and Baffles Holding, LLP and its successors or • assigns, hereby referred to as OWNER. WITNESSETH • Whereas, OWNER is proposing to develop a self storage unit, commercial retail and professional office project., which is located on real property (the "Property") described on Exhibit `A', attached hereto and by this reference made a part hereof; and Whereas, the Property is located in the unincorporated area of Lake County and the OWNER is requesting water and sewer service from the CITY; and Whereas, as a condition of CITY providing said water and sewer service to the Property, OWNER is to extend water and sewer lines to serve the Property and lines and appurtenances must be sized and constructed in accordance with the minimum requirements of CITY Land Development Regulations and to meet the flow demands for the subdivision; and Whereas, the CITY may, at the sole option of the CITY, elect to enlarge or oversize the water and/or sewer lines and appurtenances in order to provide additional capacity to other properties; and Whereas, as a condition of the provision of water and sewer service to the Property by the CITY, OWNER agrees that this Agreement shall constitute an unconditional application to annex the Property into the City of Clermont, if CITY chooses to do so; and Whereas, OWNER and CITY are entering into this Agreement to set forth the terms and conditions under which water and sewer service shall be extended and sized. NOW THEREFORE, in consideration of the mutual promises and covenants hereinafter contained, the parties do hereby agree as follows: Section 1. OFF-SITE WATER/SEWER -Each and all of the foregoing premises are incorporated into and constitute a part of this Agreement. 1.1 CITY shall provide water and sewer service for the Property. 1.2 OWNER shall connect to the existing City system at connection point or points approved by CITY. 1.3 The route of any off site lines shall be according to engineering plans produced by OWNER and approved by the CITY. 1.4 The OWNER shall construct the facilities, lines and appurtenances necessary to serve the development and provide such documentation necessary for the CITY to ascertain that the lines shall meet the minimum line size requirements as specified by the CITY Land Development Regulations. __ _ .,..,,,,,,,,,,,,,,,,,,,,,,,, • Page 1 F?,E; i~~;?pig F'ss iJ,7"t .lRt!E~~ !~. klFt7t..IParr -- ~~ G I l p I, tp P 9 ~: J 1~:'9:i~~ 1'I'i Ct.E:f'K. C~F~ { tiLlft7 1.5 In the event the CITY chooses to oversize the lines or appurtenances, the CITY shall provide to the OWNER the specifications regarding sizes to be included in the final improvement plans. 1.6 The OWNER shall be responsible for the construction of all on site and off site lines and • appurtenances to serve the project. No building permits shall be issued until water and sewer are provided to the site or until a bond or letter of credit, acceptable to CITY, is in place to guarantee completion of off-site improvements. No Certificate of Occupancy shall be issued until water and sewer extensions have been completed and accepted by the CITY. 1.7 The OWNER shall be responsible for all costs of on site and off site improvements, including but not limited to design, material, permitting and installation of sufficient size lines, lift stations and other appurtenances necessary to allow the CITY to serve the Property. 1.8 The CITY shall be responsible for the difference in cost of materials to oversize the line if the CITY chooses to oversize based on plans and cost estimates provided by OWNER to CITY, and approved in advance by the CITY. 1.9 The OWNER shall provide to the CITY a cost estimate for materials for the minimum size lines and appurtenances and a cost estimate for materials for the approved oversize. Cost estimate shall be contractors bid as certified by OWNER'S project engineer. The CITY shall review and either approve or reject the costs. 1.10 The OWNER and CITY shall agree on the cost difference, which will be the responsibility of the CITY, prior to commencement of construction. • 1.11 The OWNER shall be responsible for all costs including design, permitting, materials and construction of the water and sewer lines and appurtenances, both on site and off site, required to serve the Property, with reimbursement for the difference in costs as determined in Section 1.9 from the CITY in the form of Impact Fee Credits. 1.12 The Impact Fee Credits shall be established subject to Sections 1.9 and 1.11, and at the time of issuance of each building permit by applying the then current impact fee, which shall be deducted from the Impact Fee Credit balance until credit is used. 1.13 Impact Fee Credits may not be transferred outside of the Property described on Exhibit 'A' but may be assignable to any heirs, assigns or successors in interest or title to part or all of said Property. Section 2. DEVELOPMENT STANDARDS 2.1 The project shall be developed according to the CITY Land Development Regulations unless otherwise stipulated in this Agreement or subsequent amendments to this Agreement. 2.2 Additional Right of Way will be dedicated for improvements to Hartwood Marsh Road. 2.3 OWNER shall construct a sidewalk adjacent to Hartwood Marsh Rd in accordance with adopted City Code. The required sidewalk shall be provided • within one (1) year after the completion of the Hartwood Marsh Rd widening project or 6 months upon notification by City. Said sidewalk shall be constructed Page 2 at a length and location as approved by the City Site Review Committee. Owner will also post a bond or letter of credit for the sidewalk. • Section 3. ANNEXATION 3.1 OWNER agrees that CITY may annex the Property into the City of Clermont if CITY, in its sole discretion, chooses to do so. In conjunction herewith, OWNER shall provide to CITY a Notice of Encumbrance To Annex Property in a form substantially in compliance with the form set forth in Exhibit "B", attached hereto and incorporated herein. The CITY shall record this Notice in the public records of Lake County whereupon it is agreed it shall serve as an enforceable encumbrance on the real property described in Exhibit "A". The Notice of Encumbrance shall be executed by all owners of the real property describe din Exhibit "A" and shall be accompanied, at OWNER'S expense, by a current certificate of title or opinion letter acceptable to CITY and issued by a licensed title company or attorney identifying all owners in interest of the real property. All land transfers by OWNER shall contain a deed restriction or covenant noting the existence of this encumbrance to annex, such restriction to be recorded as a covenant to run with the land. Section 4. SEVERABILITY In the event that any provision of this agreement shall be held invalid or unenforceable, the provision shall be deleted from this agreement without affecting in any respect whatsoever the validity of the remainder of this agreement. Section 5. NOTICES • All notices, demands, or other writings required to be given or made or sent in this Agreement, or which may be given or made or sent, by either party to the other, shall be deemed to have been fully given or made or sent when in writing and addressed as follows: CITY • City of Clermont City Manager P.O. Box 120219 Clermont, FI 34712-0219 Section 6. AMENDMENTS OWNER Bailes Holding LLP Attn: Charles E. Bailes 6424 Pine Castle Blvd, Suite A Orlando, FI 32809 Any amendment to this agreement is not effective unless the amendment is in writing and signed by all parties. Section 7. EFFECTIVE DATE The effective date of this agreement shall be the day of execution of the agreement required hereunder. IN WITNESS WHEREOF, the parties hereto have date listed below. CITY through its City Manager, action, and OWNER through made and executed this Agreement on the authorized to execute same by City Council Page 3 ' ~I DATED this day of ~G~L , 200'. • CITY OF CLERMONT ~ , /' ~~ Harold S. Turville Jr., Mayor OWNER Baffles Holding LLP STATE OF FLORIDA COUNTY OF LAKE ~, - ~r,~,:. Tracy ckroyd, City Jerk . I HEREBY CERTIFY that on this day, before ~e1 an officer d~~}}ly authorized to dmj'~is er oaths an,S~ take cknowledgments, personally appeared (%ht~s ~ ~~~ls,~ as tn°~1. ~r~8/ of ,~,~~5 ~i~/~~ ,who provided identification in the form of or who is gersonall known to be the person described in and who executed the foregoing, and that he ac cnowledged a ogre me that he executed the same. Witness my hand and official seal this ~~ day of / ~ /~~ , 200 G. Nota Public •,;~r :"'~•. BETTY S. SIEBOID '~' ~:= MY COMMISSION k DD 510129 ~~A~,s EXThIRES~. n pubic ur2d0e1rwnters • Page 4