MAINTENANCE AGREEMENT (2)MAINTENANCE AGREEMENT
This Agreement is made and entered into as of the A!L day
of_L) ?r t , 201?, by and between i5tar Financial, Inc. D/BIA 628 East
Cleveland Street - Clearwater, LLC ("Condo"), Station Square Condominium
Association, Inc. ('"Association"), and the City of Clearwater, Florida ("City"),
WHEREAS, Condo is the current owner of property located at 628 E.
Cleveland St., which is otherwise known as the Station Square Condominiums,
and the property is located in Clearwater, Pinellas County, Florida; and
WHEREAS, Station Square Condominium consists of residential
condominiums, retail condominiums and a parking condominium unit, together
with ninety-nine (99) limited common elements appurtenant to the parking unit,
which parking unit and limited common elements consist of one hundred (106)
public parking spaces (collectively the "Parking Spaces'"); and
WHEREAS, the City is the owner of the Parking Spaces, pursuant to a
Contract for Purchase and Sale between Condo's predecessor in interest,
Station Square Clearwater Condo, LLC, and the City; and
WHEREAS, the Parking Spaces are contained on the first two levels of
the parking garage contained within Station Square Condominiums (as reflected
in the plot plan of the Declaration of Condominium of Station Square
Condominiums); and
WHEREAS, the parties desire to clarify the maintenance responsibilities of
the City and the Association as they relate to the one parking condominium unit
owned by the City and the 99 limited common elements appurtenant thereto-
Now, therefore, in consideration of the mutual promises and covenants
hereinafter contained, the parties agree as follows,
1. Recitals. The recitals contained hereinabove are true and accurate
and are incorporated herein as if fully set forth herein.
2. Maintenance Responsibilities and Budget. Supplemental to the
maintenance responsibilities as provided for in the Declaration of Condominium.
as amended, the maintenance responsibilities of the City and the association for
the one parking condominium unit, the 99 limited common elements related
thereto and the City's portion of maintenance of the general common elements of
the condominium shall be as provided for by the terms of this Agreement.. The
parties agree that this Maintenance Agreement (Agreement) be in effect from the
Page 1 of 5
date entered into above until December 31, 2011., and the maintenance
responsibilities and budget shall be as follows:
a. In addition to maintenance of the common elements as set forth
in Exhibit "A", attached hereto and incorporated herein, the Association shall be
responsible for all of the general maintenance associated with the one parking
unit and the 99 limited common elements appurtenant thereto (the "Parking
Spaces") including utilities„ electrical systems, fire prevention and monitoring,
ventilation, stairwell doors and hardware, elevators maintenance, generator
systems, and daily maintenance as more particularly described in Exhibit "B"
attached hereto and incorporated herein.
b. Within the Parking Spaces, the City shall be responsible for
public parking/directional signage and markings, upkeep and maintenance of
Pay Stations, ballards, directional mirrors and re-striping of the parking spaces,
if necessary. Additionally, the. City shall pay for electrical service to its Pay
Stations,
c. The City's obligation for its share of the common expenses
associated with maintenance of the common elements and limited common
elements as provided for above, shall be as set forth on the budget attached
hereto as Exhibit "A."
d. The Association budget may be amended at the annual meeting
of the Association or any special meeting called for the purpose of amending the
budget, upon proper notice to all condominium unit owners.
3. Binding Effect. This agreement shall be binding upon the parties,
their successors and assigns.
4. Courts. This document may be signed in counterparts-
[The remainder of this page has intentionally been left blank.)
page 2 of 5
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed on their behalf:
iStar Financial, Inc. d/b/a/ 628 East Cleveland Street - Clearwater, LLC, a Florida limited
liability company
By:
Gregory F, Camia#ice President, iStar Financial, Inc.
I,*^#;o?
STATE OF
COUNTY O
The foregoing instrument was acknowledgvi before me this day of
-14; " IL"A , 201, by Gregory F, Carnia, as Vice President of iStar Financial, Inc.
d/b/ / 628 East Cleveland Stre t -- Clearwater, LLC, a Florida limited liability company, on
behalf of the company, (7who is personally known to me or ( ) who produced
as identification.
otary P lic
My commission expires:
(SEAL)
Page 3 of 5
Station Square Condominium Association, Inc., a Florida corporation
•
By: Z;10?0004r -
regory F. Camia, President, Station Square Condo. Association, Inc.
1
STATE OF Gt
COUNTY GF
The foregoing instrument was acknowledged before me this /q day
of ThC-e--exAej , 20f0, by Gregory F. Camia, as President of Station
Square Condom' turn Association, Inc., a Florida corporation, on behalf of the
corporation, Condom'
is personally known to me or ( ) who produced
as identification.
- N tary P is
Y My commission expires: Kjovf.mber
(SEAL)
Page 4 of 5
CITY OF CLEARWATER, FLORIDA
By: ,ck?rnF?: Attest:
illiam B. Horne
City Manager
?n
Rosemarie Call
City Clerk ,
STATE OF FLORIDA
COUNTY OF PINEL.InAS:
The foregoing instrument was ackno edged before me this aZ3? day
of 2E errs , 20lp by , City Mane r of the City of
Clearwater, on behalf of the City as a municipal corporation, who is
personally known to me or ( ) who produced
as identification.
SANDRA HARRtGER Notary Public
MY COMIdLS5I N # Pp933691
F,IP'ES Iauay04,2012 My commission expires: ? ?y? -J1.61 -2-
F1. Notery L il-m Acsoc. Co (SEAL)
1-0po.S•NOTARY
'age 5 of 5
Assistant City Attorney
9W i Aoupteu nuage by category
Ul/UULUl1 - I&JUL011
11.7659935'x. 336M21% 84.8735244% 100.0000000%
PARKING RETAIL RESIDENTIAL TOTAL
?IQN. BUDGET BUDGET BUDGET BUDGET
Malatmapeeand Rt]k
General Maintenance
Grounds
Janitorial
Window Cleaning
Boaster Pumps
Generator
P061
Fitt s Bquipment
Exterrninating
Elevator-Tower
Elevator-.eel/Parking
Fire Alarttt Monitoring
Maintenance Salaries
Surveillance Equipment
Fire Alarm/Equipmont
TOTAL h1a1mvnanceand Repair
Electric
Water & Sewer
Trash
Telephone
Frol f-ju
Carla Tmlevieion
TOTAL fiT00ftiex
204 60
3,000 3,000
564 156
4,776 1,368
288 84
2,508 720
11,340 5,388
9,600 2,748
540 156
456 132
10,596
"E'.x1i:lbi.t A"
F°ap'(? i CIE 3
24,000 24,000
3,300 3,300
15,000 15,000
7,200 "x,200
2,400 2,400
1,512 1,776
3,480 3,480
600 600
1,800 1,800
12,000 12,000
6,000
4,080 4,800
34,416 40,560
2,028 2,400
18,072 21,300
?, 17 1
69.252 . 81,600
126,816 126,816
3,864 4„560
3,288 3,876
1,680 1,680
32,136 32,136
M,656'_ 250,
MA I AU14 bVUAKL ILUMOU AbbUL
;tux> AwMea 13*49tt by Lategory
VINIUvia - 11JJtl'lUll
Adminhuadve
Professional Fees
Miscellaneous Admin
Insurance
Fees to Division
Licenses & Perrrdts
Management Fees
TOTAL Administrative
TOTAL OPERATING EXPENSES
r
painting
Roofing
Paving'
Security Equipment
Fitness Equipment
Boosw Pump
Fite Alarms
Pool.
Elevator
Blc+rators-Retai!/Parkitlg
Generator
Furniture do Fixtures
HVAC Equipment
TOTAL RESERVES
II.765"35Y? 3.3 21°/i 84.9735244% 100.0000M%
PARKING RIi;TAIL RESIDENTIAL TOTAL
IMOGET BUDGET BUDGET BUDGET
24 - 144 1.68
324 96 2,340 2,760
22,656 6,468 163,440 192,564
60 12 444 516
72 24 504 600
200 684 17,316 20,400
23,536 184!1 217.00
-r--47?'i r?iW 551,112 614,292
2,580 732
1,008 288
696 192
504 144
624 624
240 72
5,632 S 2,052
18,576 21,888
7,224 8,520
1,188 1,18$
5,004 51892
720 720
2,076 2,076
3,672 4,320
3,624 3,624
2,484 2,484
1.248
1,764 2,076
7,524 7,524
8,652 8,652
TOTAL EXPENSES S 53,124 S"mm 17,760 - , s
"Exht.bit A"
STATION SQUARE CONDO ASSOC
2011 Maintenance.Fee
01/01/2011 -12/31/2011
Adopted
2011
Monthly Maintenance Fps BUDGET
2010 FULLY FUNDED
11?{?wW=. Unit Nu'Mb rare Owald Units BUDGET RESERVES
03837755"x. 669 1
0.5417423% tool 1 S 275,02 $ 285.04
0.54174241/6 708,80k 1103, 1208.1308 5 $ 275.02 S 285.04
0.5422409% 908 1 $ 275.27 $ 285.30
0.5694733% 701,801,901.1001,1101,1201,1301 7 $ 289.09 S 299.63
0.5843291.1x. 603,703,803.9o3,1003,1103,1203,1303 8 S 296.63 $ 307.44
0.5877954% 612,712,912,1012,1112,1212,13 17 7 s 29839 $ 309.27
0.5877955% 812 1 $ 298.39 S 309,27
0.6080984% 714,814,914,1014,i114,1214,1314 7 S 30830 S 319,95
0.6298869% 707.s07,907,1007,.1107,1207,1307 7 $ 319.76 S 331.41
0.6363245% 607 1 $ 323.03 S 334.80
0.6972334% 606 1 $ 353.95 S 366.85
0.7021853% 605.705,805,}03,1095, 1105, 1205,1305 8 $ 356.46 S 369.45
0.722983411/o 709,809.909,1009,1109,12119,13139 7 $ 367,0.2 $ 380.40
0,7309066% 702,8o2,902, l oo2,1102,1202,1302, 7 $ 371.04 $ 394.57
0.7348681% 602 1 $ 373.06 $ 386,65
0.7373441% 610,710,81o,910,1010,1110,1210,1310 8 $ 374.31 S 387.95
0.7398200% ,7o6,8o6,906,1006,1106.12wno6 8 $ 375.57 $ 389.26
0..7630942% 613,x13,813,913,1013,1.113,1213,1313 8 S 38738 S 401,50
0.8101376"x. 604,7'04,804,904,1004,1104.1204.1304 8 $ 411.27 S 426.25
0.9037293°x2 611 1 $ 45838 S 475,50
0.9190803% 711, 8t1.911,1oi%iitt,tz1i,1311 7 $ 466.57 $ 483.57
7.0235663'% i4o2,t502 2 $ 519.61 S 538.55
1.08001,54°x. 1507 1 $ 548.27 $ 568.25
1.0800184% 1407 1 S 548.27 $ 568.25
1..1686582% 1403,1503 2 $ 593,27 1 614.89
1,2092641% i401,1501 2 $ 611,88 $ 636.25
1,2647258% 1405,1505 2 $ 642.04 S 665.44
1.2676970% 1408,15118 2 $ 64155 S 667M
1.2771057% 1406,1506 2 S 648.32 S 671,95
1.3989234% 1464,15.4 2 $ 710.76 $ 736.04
2.3704944% 1U1 $ 1,203.38 S 1,247.24
23184990°/. 1112 $ 1,176.99 S 1,219.88
0.1218178% rnx off unit ' $ 61.84 S 64.09
„1',xh :i h. i. t. A
;'n1:e ;S of 3
Exhibit "B"
Station Square CondondWum Association
General Maintenance Responsibilities
+ Utilities: Electric, Water, Sewer, Garbage and Telephone
Maintenance:
Replacement of lamps or bulbs
Replacement or repair of electrical fixtures
Replacement or repair of the. general electrical system
Replacement or repair of fire extinguishers
Replacement or repair of the fire standpipe / alarm monitoring system
Replacement or repair of the ventilation system
Replacement or repair of stairwell doors and hardware
Replacement or repair of elevator service / routine preventive maintenance
Replacement or repair of generator system/service
Routine Vacuum / Power sweeping -- as needed
Routine Power / Pressure washing - as needed Daily Maintenance:
Sweeping, and general maintenance of trash and debris in garage and all
stairwells.
Cleaning elevator cab and foyer areas
Empty / clean trash receptacles to be installed by developer