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COMPLETION CERTIFICATE - COURT STREET RESIDENCE INN_! KEN BURKE, CLERK OF COURT PINELLAS COUNTY FLORIDA INST# 2008320676 12/01/2008 at 05:08 PM OFF REC BK: 16440 PG: 71-74 DocType:GOV RECORDING: $36.60 COMPLETION CERTIFICATE [Court Street Residence Inn] This Completion Certificate ("Certificate") is made this day of ?cog, by and between the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA, a public body corporate and politic of the State of Florida (the "Agency"), whose address is 112 S. Osceola Avenue, Clearwater, FL 32521, and CLEARWATER HOSPITALITY PROPERTIES, L.L.C., a Delaware limited liability company (the "Developer"). This Certificate pertains to an Agreement for Development and Disposition of Property (Court Street Residence Inn), by and between the Agency and the Developer, dated as of June 22, 2007 (the "Development Agreement"), which provides, among other things, for the development and construction of the Court Street Residence Inn Project, within a project site as described in Exhibit "A" attached hereto and made a part hereof, as same are defined in the Development Agreement. As provided in Article 5 of the Development Agreement, the construction and installation of the Court Street Residence Inn has been completed substantially in accordance with the requirements of the Development Agreement and such improvements are substantially complete. The parties hereto acknowledge and agree that such Project has been so completed and have executed this Certificate as conclusive determination of such completion and satisfaction of the Developer's obligation under the Development Agreement to construct and install such Project. A copy of the fully-executed Development Agreement is on file with the City Clerk, City of Clearwater, Florida, located at City Hall, 112 S. Osceola Avenue, Clearwater, Florida, which is available for review and copying by the public. A copy of the Court Street Residence Inn Project Plans and Specifications is on file with the City Engineer, City of Clearwater, Florida, located at City Hall, 112 S. Osceola Avenue, Clearwater, Florida, which is available for review and copying by the public. IN WITNESS WHEREOF, the parties hereto have set their hands and their respective seals affixed as of the.?/day of aoo8. Approved as to form: ["'? Pamela K. Akin City Attorney COMMUNITY RE VELOPMENT AGENCY OF THE UF CL ARWATER, 1 Iai? " OP By. Rod Twin >o 4 Executive Director -Bt: z Y Attest: ?? S Cyntlka t. Goudeau City Clerk CLEARWATER HOSPITALITY PROPERTIES, L.L.C., a Delaware limited liability company By: Clearwater Properties Intermediary, L.L.C., a Delaware limited liability company, its managing member By: Southeast Hospitality Properties, L.L.C., a Delaware limited liability company, its sole member By: Clarkson Platform Venture I, LLC, a Florida limited liability company, as Administrative Member By: The Clarkson Company, a Florida corporation, as Manager By: /-24 Name: a,% e? a?? Title: Attest: By: a Secretary, The Clarkson Company STATE OF FLORIDA COUNTY OF PNEU-AS DUVAL The foregoing instrument was acknowledged before me this 1941, day of mbc( , .4ct?-, by bw,J C of Clearwater Hospitality Properties, LLC., a Delaware corporation, on behalf of the corporation. He/She is personally known to me or has produced a valid driver's license as identification. NOTARY PUBLIC-STATE OF FLORIDA Hope A, Wlaler ComnisOg J .k13481 Expires; ALaY 13 2009 C ????(( Bonded Thru Atlantic Bonding Co., Ina Printed/Typed Name: '' ?? Notary Public-State of Florida Commission Number: - D 4 )3? EXHIBIT A LEGAL DESCRIPTION Parcel 1: All of Lots 11 and 12 and that portion of Lots 13 through 18 inclusive lying on the northerly side of Court Street in Block C, COACHMAN HEIGHTS REPLAT, including the south one-half of vacated Haven Street on the northerly side of said Lot 11, as recorded in Plat Book 20, page 26, public records of Pinellas County, Florida. Parcel 2: All of Lot 1 and that portion of Lots 2 and 3 lying north and east of Court Street in Block C, COACHMAN HEIGHTS REPLAT, including the south one-half of vacated Haven Street lying north of and adjacent to said Lot 1, as recorded in Plat Book 20, page 26, public records of Pinellas County, Florida. 30