ASSIGNMENT OF AGREEMENT FOR DEVELOPMENT AND DISPOSITION OF PROPERTY
~
ASSIGNMENT OF AGREEMENT FOR DEVELOPMENT
AND
DISPOSITION OF PROPERTY
This Assignment entered into between the COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER, FLORIDA, 112 South Osceola Avenue, Clearwater, Florida
33756 ("Agency"), THE BALK COMPANY, INC" ("Assignor"), and MEDITERRANEAN
VILLAGE, L.L.C., Bruce Balk as Managing Partner, 290 Cocoanut Avenue, Building 1,
Sarasota, Florida 34236 ("Assignee").
WHEREAS, City and Assignor entered into an Agreement for development and
disposition of property on March 4, 2002. (Agreement);
WHEREAS, Assignor shall transfer Agreement to Assignee subject to the terms
described herein.
WHEREAS, Agency consents to said assignment subject to the terms described herein.
NOW THEREFORE, for good and valuable consideration, the parties agree as follows:
1, Pursuant to Article 17,01 of the Agreement, Assignor assigns, transfers, and sets
over to Assignee all of its right title, and interest in that Agreement between Agency and
Assignor dated March 4, 2002
2, Assignor represents and warrants that Assignor has completely observed and
performed all covenants, duties and obligations required to be performed under the Agreement.
3, Assignee hereby assumes and shall at all times be liable to observe and perform
all of the covenants, duties and obligations under the Agreement and as further described
herein.
4, Agency consents to the assignment of Agreement to the Assignee.
This assignment shall be binding upon and inure to the benefit of all parties hereto and
their successors and assigns,
IN WITNESS WHEREOF, Agency, Assignor, and Assignee have caused this
Assignment of Agreement to be executed and delivered ~, 2002,
AGENCY:
COMMUNITY REDEVELOPMENT AGENCY
OF CLEARWATER, FLORIDA
By:
~.
M ela K. Akin
1 v City Attorney
~
Cyn ia E. GoudeaLf
City Clerk
" -'.
QQ~ 3y( -00
.
ASSIGNOR:
THE BALK COMPANY, INC"
By:
Print Name:
Title:
ASSIGNEE:
MEDITERRANEAN VILLAGE, L.L.C,
By:
Print Name:
Title:
STATE OF FLORIDA
COUNTY OF PINELLAS
The foregoing instrument was acknowledged before me this ~ day of (2. ~. ~ -;-
2002 by BRIAN J. AUNGST and CYNTHIA E. GOUDEAU, Chairperson and City ~
respectively, of Community Redevelopment Agency of the City of Clearwater, Florida, they are
personally known to me or have produced valid Florid drivers' licenses as i eqtification
"\~~~:I;t",,, Denise A. Wilson
[,:.f..A~~ MYCOMMISSIONI CC914107 EXPIRES
,:,~.:~f June 18 2004
'"'f' 'if:,i-..$>- DONDED THRU TROV FAIN INSURANtE.lNt,
(SEAL)
STATE OF FLORIDA
COUNTY OF PINELLAS
The foregoing zrument was acknowledged before me this Oh day of ~ U/7L.1;-
2002 by! ~tJ~ ;Y. //< respectively of THE BALK COMPANY, Inc, ~ rsonally
~ to me or has produced a valid Florida drivers' liE~se as ide. nti,fiC~ ~
0~ g-. ~f/JJ
(SEAL) L--O-{li~r:....,,5. :- a1Ji f ...s-
Printed/Typed Name:
Notary Public-State of Florida
Commission Number:
Laura J. Burgess
MY CO!v1MiSSIOi~ if CC762258 EXPIRES
October 29, 2002
BOCiDCD 'lHRU TROY FAIN INSURANCE, 1He.
2