AGREEMENT TO RELOCATE TO AND REMAIN WITHIN THE CRA DISTRICTAGREEMENT
THIS AGREEMENT is entered into this W3? day of ,
2009, by and between the CITY OF CLEARWATER, a Florida m nicipal
corporation, hereinafter referred to as "City, " P.O. Box 4748, Clearwater, Florida
33758 and the COMMUNITY REDEVELOPMENT AGENCY, a body politic and
corporate under the laws of the State of Florida (hereafter "CRA"), and Baldwin
Connelly Group, LLC, a Florida Limited Liability Company, 4010 W. Boyscout
Blvd., Suite 200, Tampa, FL 33607 (hereafter "Baldwin Connelly").
WHEREAS, the CRA desires to offer an incentive to Baldwin Connelly to
relocate to and, remain within the CRA district and to provide a minimum of 50
jobs with an average wage of $56,500 for the term of this Agreement;
NOW THEREFORE, in consideration of the promises stated herein, the
City, CRA, and Baldwin Connelly mutually agree as follows:
1. OBLIGATIONS OF BALDWIN CONNELLY
As of February 1, 2009, Baldwin Connelly has located and will maintain its
headquarters inside the CRA Downtown Business District for the term of
this agreement.
2. Commencing March 1, 2009 and continuing during the term of this
Agreement, Baldwin Connelly will have at least fifty (50) full-time
employees at its headquarters business address within the CRA
Downtown Business District. The corporate average annual salary shall
be at least $56,500. Baldwin Connelly shall provide a notarized letter from
a partner of Baldwin Connelly Group, LLC and supporting payroll reports
commencing March 1, 2009 and semi-annually thereafter.
3. If employment levels fall below fifty (50) employees or corporate average
annual wages are below $56,500 in the six-month period being reviewed,
Baldwin Connelly shall have (3) months from date of review to come into
compliance with the terms of this Agreement. Failure to comply with the
terms of this Agreement shall result in termination of this Agreement.
4. Baldwin Connelly agrees to pay for each refundable card deposit required
by the City parking system. Each cardholder will be required to complete
a standard parking application.
2. OBLIGATIONS OF THE CRA
CRA staff will review Baldwin Connelly's compliance with the Agreement
on March I, 2009 and semi-annually during the term of the agreement.
2. If CRA Staff determines that Baldwin Connelly is not in compliance with
the terms of this Agreement, staff shall, within 5 business days, inform
Baldwin Connelly of the failure to meet the terms and conditions. If
Baldwin Connelly fails to cure as provided herein, the Agreement shall be
terminated.
3. After CRA staff verifies initial compliance with the terms of the
Agreement, CRA shall notify the City to assign the parking spaces.
4. CRA will pay the City parking system on a quarterly basis.
3. OBLIGATIONS OF THE CITY
The City parking system will provide to the CRA thirty (30) parking spaces
at a tax-exempt cost of forty-five dollars ($45.00) each where designated
in the Garden Avenue Garage for a three-year period. The estimated
cost of such spaces shall not exceed Forty Eight Thousand Six Hundred
Dollars ($48,600.00).
4. TERM
The term of this agreement will not to exceed thirty-six months (36) from
the date of its execution.
5. NOTICES AND CHANGES OF ADDRESS.
Any notice required or permitted to be given by the provisions of this
Contract shall be conclusively deemed to have been received by a party hereto
on the date it is hand delivered to such party at the address indicated below (or
at such other address as such party shall specify to the other party in writing), or
if sent by registered or certified mail (postage prepaid) on the fifth (5th) business
day after the day on which such notice is mailed and properly addressed.
(Company Name)
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Name
Title
City of Clearwater
Geraldine Campos Lopez
Economic Development Director
P.O. Box 4748
Clearwater, Florida 33758
727-562-4220 telephone
727-562-4075 facsimile
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6. TERMINATION OF CONTRACT.
In the event that Baldwin Connelly fails to comply with the terms of this
Agreement or terminates its lease agreement, for any reason, the Agreement
with the CRA shall be null and void without further obligation on the part of the
CRA or the City.
7. ATTORNEY FEES.
In the event that either party seeks to enforce this Agreement through
attorneys at law, then the parties agree that each party shall bear its own
attorney fees and costs.
8. GOVERNING LAW AND VENUE.
The laws of the State of Florida shall govern this Agreement, and any
action brought by either party shall lie in Pinellas County, Florida.
IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date set forth above.
Baldwin Connelly Gro p, L C
By' ? C ( -
Its:
CITY OF CLEARWATER, FLORIDA
By: •cat.w"
William B. Horne II
City Manager
Approved as to form: Attest:
U ?'4 1 1. - Z. -10.
Pamela K. Akin Cy t ii E. Goudeau
City Attorney City lerk
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COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF
CLEARWATER, FLORIDA
By:
nk V. Hibbard
Chairperson
Approved as to form: Attest:
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Pamela K. Akin Cy is E. Goudeau
City Attorney City Jerk
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