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7400-05 ORDINANCE NO. 7400-05 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING ORDINANCE 6779-01, AS AMENDED BY ORDINANCE 7350-04, VACATING THE 60 FOOT RIGHT-OF- WAY OF THIRD STREET, (AKA THIRD AVENUE), BOUNDED ON THE EAST BY THE WESTERLY RIGHT-OF-WAY LINE OF CORONADO DRIVE AND BOUNDED ON THE WEST BY THE EASTERLY RIGHT-OF-WAY LINE OF SOUTH GULFVIEW BOULEVARD: SUBJECT TO SPECIAL CONDITIONS; AMENDING THE SPECIAL CONDITIONS; PROVIDING AN EFFECTIVE DATE. WHEREAS, in Ordinance No. 6779-01, the City Council granted the vacation requested by Seashell Resort, LLC of the right of way depicted in Exhibit A attached hereto, subject to special conditions which conditions have not been met; and WHEREAS, in Ordinance 7350-04, the conditions described in Ordinance 6779-01 were amended; and WHEREAS, the current owners, Crystal Beach Capital, LLC, have requested amendments to the conditions; and WHEREAS, the City Council finds that it is in the best interest of the City and the general pUQlic that the same be vacated subject to amended conditions; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORI DA: Section 1. That Section 1. of Ordinance 6779-01, vacating the 60 foot right of way of Third Street (AKA Third Avenue), bounded by the East by the Westerly Right of Way line of Coronado Drive and bounded on the West by the Easterly Right of Way line of South Gulfview Boulevard; subject to special conditions, as amended by Ordinance 7350-04, is hereby amended to read as follows: Section 1. The following: 60 foot right-of-way of Third Street, (AKA Third Avenue), bounded on the east by the westerly right-of-way line of Coronado Drive and bounded on the west by the easterly right-of-way line of Gulf View Boulevard, closed and released and the City of Clearwater releases all of its right, title and interest thereto, contingent upon the following conditions: 1. Developer shall commence construction of the Proiect as described in the Second Amended and Restated Development Aareement between the City of Clearwater and Beachwalk Resort. LLC by March 6. 2006. Upon satisfaction of this condition, Developer shall prepare and submit to the City a certificate of satisfaction of this condition that shall be executed by the City and returned to the Developer. who shall record the certificate in the Public Records of Pinellas County. Florida. The Ordinance No. 7400-05 recordina of such certificate shall conclusively confirm that this condition has been timelv satisfied. The project described within the Development Agreement between the City of Clearwater and Beachwalk Resort, LLC shall commence vertical construction within one year of the effective date of this ordinance. For purposes of this ordinance. commencement of construction shall mean Developer obtainina a foundation permit from the City of Clearwater and commencement of construction of the foundation in accordance with said permit. The date for commencement of construction one year time period may be extended for unavoidable delay as provided in the Development Agreement. 2. Easements shall be dedicated to provide adequate access to all relocated utilities. 3. All public and private utilities shall be relocated by Clearwater Seashell Resort, L.C. at its own expense and to the approval and acceptance of the utility owners with all out of service utilities removed prior to completion of said project. 4. A 10-foot public access easement shall be dedicated to provide pedestrian access from Coronado Drive to the new alignment of Gulf View Boulevard. 5. This vacation ordinance shall be rendered null and void if any of the preceding conditions are not met. Section 2. The City Clerk shall record this ordinance in the public records of Pinellas County, Florida, following adoption. Section 3. This ordinance shall take effect immediately upon adoption. PASSED ON FIRST READING February 1. 700') PASSED ON SECOND AND FINAL READING AND ADOPTED February 17, 2005 ~~e';:~ FTarif( V. Hibbard Mayor Approved as to form: Attest: tLlL ~ Pamela K. Akin City Attorney 2 Ordinance No.' 7400-05