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SUBSTANTIAL COMPLETION CERTIFICATE STAGE I (MEDITERRANEAN VILLAGE IN THE PARK) (2) KEN BURKE, CLERK OF COURT PINELLAS COUNTY FLORIDA INST# 200535438909/06/2005 at 03:11 PM OFF REC BK: 14580 PG: 550-552 DocType:CTF RECORDING: $27.00 ~ SUBSTANTIAL COMPLETION CERTIFICATE STAGE I [Mediterranean Village in the Park] ~ Substantial Completion Certificate ("Certificate") is made this !/!!.. day of C))'P' /, , 2005, by and between the COMMUNITY REDEVELOPMENT AGE CY 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 33756, and THE BALK COMPANY, INC., a Florida corporation (the "Developer"), whose address 290 Cocoanut Ave. Sarasota, FL34236. This Certificate pertains to a~ent for Development and Disposition of Property (Mediterranean Village in the Park), by and between the Agency and the Developer, dated as of ,yuch Lf I W02- , ~ (the "Development Agreement"), which provides, among other things, for the sale of property within a project site as described in Exhibit "A" attached hereto and made a part hereof and the granting of certain easements (the "Property Site") for the development and construction of the Infrastructure Improvements and the Mediterranean Village in the Park Project, as same are defined in the Development Agreement. As provided in Section 8.05 of the Development Agreement, the construction and installation of Stage I have 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 Improvements have 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 Stage I Improvements. 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 Infrastructure Improvements 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 ~eir respective seals affixed as of the ~ay of A1A..F "200;Z5 cID) COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA By: Hibbard, Chairperson COUNTERSIGNED: ATTEST: BY: By: eraldine Campo , Interim Executive Di ector-r.CRA THE B~L1~~P~A~~~. BY:~ , as Its fR~~pr (SEAL) STATE OF FLORIDA COUNTY OF PINELLAS The foregoilJg instl'\lDlellt was acknowledged before me this 'I! day of~~~, /7 ~_ 2005, by l:5roce 60l/~,A--l'Slde/lt;chairpeF&9R of tho CefflffH:JAity R ~ ';0 pmeltt ~~- Age,,&}' of the C~" of Cle8 ator, a nublic . . . Fler~a, on behalf 8t the Agency. H~jf pe onally know. n to me or has produced a valid G '. h' driver's license as identification. --7"""" r;f -f-he Bodk Com'pCi;?~:7nC/ t."t Flor/d~ C"/''pcra. /0'1.. (SEAL) ~~~ Printed I Typed N . e: dp &," .6ya~" Notary Public-State of Florida Commission Number: ..".~ I.IlG G Byers !".. . . My CommIssIon OD3llIIOO ,. 'r;I bplIwI 0CIaber 04. aooe STATE OF FLORIDA COUNTY OF PINELLAS ~ The foregoing instrument was acknowledged before me thisd? day of August, 2005, by FRANK V. HIBBARD, Chairperson of the Community Redevelopment Agency of the City of Clearwater, a public body corporate and politic of the State of Florida, on behalf of the Agency. He is personally known to me or has produced a valid driver's license as identification. ~ p~:::f;}~ cf2J ~ Notary Public-State of Florida Commission Number: ,,'I~ltj,;~ /J,:.>I\.,Pifl;, Carolyn L Brink ~( :*~ MY COMMISSION # 00203569 EXPIRES '1.i', j1ay 22, 2007 " "," bOON:,. .",j TROY fAIN INSURANa,1NC JNI1JN...~nSNl NI\>'J AO~! n~H! mONOS .,~~'~~~, LOOZ 'ZZ ^OW ,lI.'1iiir"~ S3~1dX3 69SfOZaO # NOrsSIVolVolOJ AVol~": ~.V.,N ~u!Ja 1 uAjoJOJ "~"J'^\i<'~~.:'" """l" (SEAL)