ANNEXATION AND PARKLAND DEDICATION (09)
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ANNEXATION AGREEMENT
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THIS AGREEMENT entered into this ~__ day of
September, 1986, by and between ROLAND LARSON and ARLEEN
LARSON, his wife, and DENNIS C. LARSON and DIANA LARSON, his
wife, the owners of BOULEVARD MOBILE PARK, hereinafter
referred to Individually and Collectively, unless otherwise
identified, as "BOULEVARD", and CITY OF CLEARt'l7ATER, herein-
after referred to as "CITY".
WIT NE SSE T H:
WHEREAS, BOULEVARD is desirous of having its real
property annexed into and made a part of CITY;
WHEREAS, CITY is desirous of annexing said real
property;
WHEREAS, the parties are ln agreement as to the terms
and conditions to be assumed by BOULEVARD,
NOW, THEREFORE, in consideration of the mutual promises
and covenants contained herein and other good and valuable
consideration which is sufficient to the parties, it is agreed
as follows:
1. BOULEVARD accepts and approves the computation of
the impact fee calculation as arrived at on the CITY's Memo-
randum dated May 16, 1986, by its Director of Parks and
Recreation, and totaling $129,583.36.
2. The payment by BOULEVARD of the impact fee assess-
ments shall be as set forth herein:
a. BOULEVARD will advise its tenants of the
Annexation Agreement and offer to said tenants the opportunity
to pay their pro rata share without interest being charged
thereon. This offer will be circulated as soon as practical
after the execution hereof and will provide for those tenants
desiring to pay to do so no later than January 5, 1987. Such
amounts as are collected from this source will be delivered to
the CITY on January 6, 1987.
b. The balance remaining unpaid after deducting
the sums obtained in subparagraph a. above, will thereafter be
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amortized over sixty (60) monthly payments, including interest
on the unpaid balance thereof at eight percent (8%) per annum,
commencing on the 6th day of January 1987, and on the 6th day
of each month thereafter until paid.
c. BOULEVARD's continuing obligation to cause
the collection of said funds and the payment thereof to CITY
will be represented by a separately executed note and mortgage
to secure said note, in a form acceptable to the CITY.
3. The first $33,000.00 paid to the CITY, exclusive
of interest, shall be credited by the CITY as payment of the
recreation facility fee. Thereafter, the balance shall be
credited by the CITY as payment of the open space fee and the
recreation facility land fee on a pro rata basis as determined
by the Finance Director of the CITY. Such funds may be used by
the CITY for such purposes and subject to the limitations as
are set forth in Article IV of Chapter 116 of the Clearwater
Code of Ordinances, as the same may be awarded from time to time.
4. BOULEVARD will, upon the execution hereof by all
parties or as soon thereafter as requested by CITY, pay to CITY
the amount required for republication of the annexation ordinance.
5. The CITY will proceed with the necessary steps re-
quired to complete the annexation of BOULEVARD MOBILE HOME PARK
so that said annexation shall occur and be completed at the first
meeting of the City Commission of CITY in January 1987.
6. Pending the completion of the annexation, CITY will
authorize the completion by BOULEVARD of such physical acts as
are necessary to accomplish the connection of BOULEVARD's sewer
collection system to the City of Clearwater's sewer system.
Upon completion of such connection BOULEVARD will be charged and
will pay routine monthly sewer charges as are appropriate and
as are charged to residents of CITY. CITY will cooperate in
obtaining such permits as may be necessary from other agencies
so as to accomplish the completion of the sewer connection.
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7. BOULEVARD agrees that it shall, as a condition of
annexation, improve the fire hydrant systems serving BOULEVARD
MOBILE HOME PARK to the extent necessary to comply with CITY
standards for fire hydrant spacing.
8. To induce the CITY to enter into this agreement
BOULEVARD does by its execution hereof affirmatively guarantee
to CITY that it will cooperate in and not oppose the completion
of the annexation procedures as spelled out hereinabove.
IN WITNESS WHEREOF, the parties have hereunto set their
hands and seals the day and year first above written.
~'HTNESSES :
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ARLEEN LARSON '
Dia- C.~R~
(SEAL)
V~clt!~
(SEAL)
(SEAL)
[) ~Vrl tv ~tUd-f7X-,
DIANA LARSON
( SEAL)
CITY OF CLEARWATER
By
Approved as to form
and correctne s:
Attest:
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