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DEVELOPMENT AGREEMENTKEN BURKE, CLERK OF COURT PINELLAS COUNTY FLORIDA INST# 2012042588 02/1412012 at 09:11 AM OFF REC BK: 17488 PG: 1056-1085 DocType:AGM RECORDING: 5256.50 DEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT ("Agreement") is dated .�y_b� tt�u�, ��, 2012, effective as provided in Section 5 of this Agreement, and entered into among AEC Sunset Point, LLC, 2159 McMullen Booth Road, Clearwater, Florida 33759, its successors and assigns, hereinafter referred to as ("Developer"), and the CITY OF CLEARWATER, FLORIDA, a municipality of the State of Florida acting through its City Council, the governing body thereof ("City"). RECITALS: WHEREAS, Sections 163.3220 - 163.3243, Florida Statutes, which set forth the Florida Local Government Development Agreement Act ("Act"), authorize the City to enter into binding development agreements with persons having a legal or equitable interest in real property located within the corporate limits of the City; WHEREAS, under Section 163.3223 of the Act, the City has adopted Section 4- 606 of the City of Clearwater Community Development Code ("Code"), establishing procedures and requirements to consider and enter into development agreements; WHEREAS, the Developer owns approximately 19.418 acres of real property located at 2750 and 2754 Sunset Point Road ("Property") in the corporate limits of the City, which is comprised of two described properties ,as more particularly described in Exhibit A attached hereto and incorporated herein, which are the descriptions of the two parcels totaling the 19.418 acres; WHEREAS, the Developer desires to develop the Concept Plan Area, comprised of 6.571 acres with an expansion of existing research and fabrication facilities for aviation instruments and equipment consisting of 130,000 sq. ft. of two story (maximum 35 feet) development, generally conforming to the conceptual plan shown on Exhibit B attached hereto and incorporated herein (the "Concept Plan"); WHEREAS, the Developer desires to establish the required 25 foot buffer between the proposed development and the 12.84 acre preservation area in conjunction with an approved concept plan, generally conforming to the requirements shown on Exhibit B attached hereto and incorporated herein ("Concept Plan"); WHEREAS, the Developer wishes to provide additional protection to 25% of the Property perimeter that abuts existing residential uses, by establishing a 25 foot setback to residential boundaries (17.4 feet as to northern boundarylRegency Oaks), as shown in Exhibits B and G; 1 WHEREAS, the Developer wishes to provide additional protection to abutting institutional, office and residential uses by limiting the allowable height for the proposed research and fabrication structure to no more than two (2) stories; WHEREAS, the Developer will establish an acceptable perpetual restrictive covenant to limit industrial uses allowed in the proposed facility (See Exhibit C— Proposed Restrictive Covenants), which shall be recorded in the Official Records of Pinellas County, Florida, and enforceable by the City of Clearwater; WHEREAS, the Developer has requested a land use plan amendment resulting in a change to approximately 6.571 acres m.o.l. of the Property; WHEREAS, the Developer has requested a land use plan amendment from Institutional (I), to Industrial Limited (IL) and a rezoning from Institutional (I) to Industrial, Research, and Technology (IRT,) for the Concept Plan Area, as shown on Exhibit B; WHEREAS, the Developer desires to provide appropriate buffer to the existing preservation area, but such area will only be defined when final jurisdiction boundaries (consistent with DEP, SWFWMD and City requirements) are set by the Final Site Plan, and said boundaries will modify the definition of the buffer from the generalized description (12.84 acres) that is based on the cunent Pinellas Planning Council Future Land Use Map description of the Preservation land use area; WHEREAS, the Developer agrees, upon issuance of a building permit, to place a Conservation Easement on the Preservation Area (12.84 acres), as to the portion of same which is wetlands, for the use by the City in protecting the area currently only controlled by its land use designation. WHEREAS, the City has conducted such hearings as are required by and in accordance with Sections 163.3220 et seq. Fla. Stat. (2010) and any other applicable law; WHEREAS, the City has determined that, as of the Effective Date of this Agreement, the proposed project is consistent with the City's Comprehensive Plan and Code; WHEREAS, the City has conducted public hearings as required by Sections 4-206 and 4-606 of the Code; WHEREAS, at a duly called and advertised public meeting on February , 2012, the City Council approved this Agreement and authorized and directed its execution by the appropriate officials of the City; WHEREAS, the Community Development Coordinator ("CDC") reviewed the intent of the Concept Plan which will be developed into a Final Site Plan and approved the development of the 130,000 sq. ft. of two story (maximum 35 feet) research and 2 fabrication and associated site improvements for parking and storm water management conditioned upon the approval and execution of this Agreement; and, WHEREAS, Developer has approved this Agreement and has duly authorized certain individuals to execute this Agreement on Developer's behalf. STATEMENT OF AGREEMENT In consideration of and in reliance upon the premises, the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto intending to be legally bound and in accordance with the Act, agree as follows: SECTION 1. Recitals. The above recitals are true and correct and are a part of this Agreement. SECTION 2. Incornoration of the Act. This Agreement is entered into in compliance with and under the authority of the Code and the Act, the terms of which as of the date of this Agreement are incorporated herein by this reference and made a part of this Agreement. Words used in this Agreement without definition that are defined in the Act shall have the same meaning in this Agreement as in the Act. SECTION 3. Pronertv Subiect to this Asreement. The Property is subject to this Agreement. 3.1 The Property currently has land use designations of Institutional, and is zoned Institutional. 3.2 Developer has requested a land use change from Institutional (I) to Industrial Limited (IL) on certain portions of the Property as shown on the Z-LU Amendment Requests Map. 3.3 Developer has requested a rezoning from Institutional (I) to Industrial, Research, and Technology (IRT) on certain portions of the Property as shown on the Z-LU Amendment Requests Map. 3.4 The Property is owned by Developer as is evidenced by the deeds attached as Exhibits D-1 and D-2. Legal description of Concept Plan Area is attached as E�ibit E, and Survey of Concept Plan Area and Zoning-Land Use Amendment Request are attached hereto as Exhibits F-1 and F-2. 3.6 The Property is generally located at 2750 and 2754 Sunset Point Road, Clearwater, Florida. 3 SECTION 4. Scoae of Proiect 4.1 The Project shall consist of the 130,000 Sq. Ft of research and fabrication facilities with associated infrastructure and parking facilities on 6.571 acres as generally depicted on the Concept Plan. 4.2 The Project shall include 195 parking spaces (1.5 spaces per 1000 sq ft.), as shown on the Concept Plan attached and pursuant to city code requirements. Concept Plan proposes said parking spaces, but the building and circulation may be modified to accommodate additional parking under structures given the topography of the site and to accommodate any modification of the developable area due to the required 25 ft buffer. 4.3 The proposed floor area ratio on the Property for the proposed building of 130,000 square feet is .454 FAR. The proposed height of the Concept Plan buildings, as defined in the Code, is a m�imum of 35 feet. 4.4 The Project complies with the Metropolitan Planning Organization's (MPO) countywide approach to the application of concurrency management for transportation facilities. 4.5 The Project shall include mitigation of the impact to the wetlands and preservations areas adjacent to the Concept Plan Area, as required by the state of Florida DEP and SWFWMD. SECTION 5. Effective Date/Duration of this A�reement. 5.1 This Agreement shall not be effective until 5.1.1 this Agreement is properly recorded in the public records of Pinellas County, Florida; and 5.1.2 final approval and effectiveness of a land use designation of Industrial Limited (IL) on the Property; and 5.1.3 final approval and change of zoning to Industrial, Research, and Technology (IRT). 5.2 Within fourteen (14) days after the City approves the execution of this Agreement, the City shall record the Agreement with the Clerk of the Circuit Court for Pinellas County. The Developer shall pay the cost of such recording. The City shall submit Appropriate notice to the Department of Economic Opportunity (as required for small scale amendments) in the form of a copy of the recorded Agreement within fourteen (14) days after the Agreement is recorded. In the event that the contingency described in Section 5.1.2 above is not satisfied within twelve (12) months from the date hereof, the City and Developer agree to execute and deliver a termination of this Agreement, in recordable form, which shall be recorded in the Public Records of Pinellas � County, Florida at the expense of the Developer. Notwithstanding the foregoing, Developer may request an extension of time, via the Community Development Coordinator, for the completion of the contingencies for no more than twelve additional months. 5.3 This Agreement shall continue in effect until terminated, as defined herein, but for a period not to exceed twenty (20) years. SECTION 6. Obligations under this Agreement. 6.1 Obligations of the Develoner 6.1.1 The obligations under this Agreement shall be binding upon and the benefts of this Agreement shall inure to the Developer, its successors in interest or assigns. 6.1.2 At the time of development of the Property, the Developer will submit such applications and documentation as are required by law and shall comply with the City's Code applicable at the time of building permit review. 6.1.3 The following restrictions shall apply to development of the Property: 6.1.3.1 The Property and improvements located thereon will be developed pursuant to the requirements set forth in the applicable provisions of Article 4 of the Code and in substantial conformance with the Concept Plan and Future Final Site Plan approved by the subsequent development review process associated with Case Nos. LUP2011-09003 and REZ2011-09006. The size of the project, the fact that it is an ongoing existing business, and the economics of financing same will dictate that the project be developed in phases per requirements set forth in the attached Exhibit "H". Said Future Final Site Plan sha11 control in the event of conflict. In the event that no Future Final Site Plan is approved within two years of the Effective Date of this Agreement, the development rights under this Agreement shall be subject to termination under Section 10, including any conditions. Any minor revisions or changes to the Plan shall be approved by the Planning and Development Director as a minor modification, pursuant to the Code. Any modifications determined by the Planning and Development Director as either inconsistent or constituting a substantial deviation from the approved Plan and thus requiring further approval by the CDB shall require an amendment to this Agreement in accordance with the procedures of the Act and the Code, as necessary and applicable. Any and all such approved and adopted amendments shall be recorded in the public records of Pinellas County, Florida. 6.1.3.2 The Developer shall obtain building permits and shall thereafter timely obtain required certificates of occupancy in accordance with any development orders subsequently issued as a result of approval of case numbers LUP2011-09003 and REZ2011-09006. Nothing herein shall restrict Developer from seeking an extension of these time frames pursuant to applicable provisions of the Code, 5 Florida Statutes and of the Florida Building Code or from seeking � amendment to this Agreement. 6.1.3.3 The Developex shall be responsible for transportation obligations (collectively, "Transportation Obligations") as follows: {i) The Applicant sha11 submit to the City's Traffic C?perations Division a tr�affc impact study (TTS), methodology will be approved by the CiTy, (ii) The Applicant will implement the recommendations of the study for the reasonai�le iznprovements identifieri in the study. (iii) The TIS required of the Developer shall include ingress and cgress points serving AEC, which shall be constntcted per require�nents of the Cleazwater Code or the Pinellas County Code, as applicable. (iv) Pazking on site will meet Code raquiremcnts and employees will be encouraged to utilize PSTA public transit, and consider other modes and form car pool arrangements to reduce on-site parking demand , 6.1.3.4 Development restrictions for the proposed project will include the foIlowing: (i} The c�evelapment intensity will be limited to 130,40(} square feet, constituti.ng a FAR of .454 ; {ii} The height of the proposed structure will not exceed thirty-five (35') feet; (iii) The primary structure, including pa,vement adjoir�ing the structure, will be separated from any residentially designated property boundary by a setback of twenty-five {25') feet, aud there sha11 be aiong the Eastern part of the site adjoining sezch residentially designated property a seven (7') foot tall, eight (8'� thick masonry wall, which shall liave a decorative finish such as stucco or paint, with trees installed ou the Properiy, designed to grow above the wall with the intention of sereening out visibility of the buildings developed on the Property from the view of the residentially designated properties. Such improvements shall be in substantiaI conformance with E�ibit G. (iv} Loading zanes for buildings to be constructed on the Property, and dumpster location shall be situated an the Westerly side of the buildings, and away from the Easterly side which adjoins the single family residential owners. {v} As required by Section 3-904 of the Code, no vegetation shall obstruct views at a level between thirty (30") inches ai�c>ve grade and eight {8') feet abave grade within the site visibility triangle adjacent to the 5unset Pourt access. In 3 addition, any invasive species contained within the site visibility triangle, regardless of height, shall be removed. (vi) The proposed new structures will have a predominant appearance of an office building character on fronts toward Sunset Point Road and the abutting office and residential neighbors to the East. No structures will be pre-engineered metal buildings or similar industrial appearing buildings. (vii) The building program will be phased to meet production and staffing needs, provided however, at the commencement of the initial phase of construction, the Developer shall complete construction of the buffering wall referenced in item (iii) above. (viii) AEC will schedule deliveries during normal operating business hours (7:00 a.m. to 7:00 p.m.), except in emergency or extraordinary situations. , (ix) AEC will provide a list of chemicals used on site to be provided to the Clearwater Fire Department and periodically updated as relevant. (x) Prior to issuance of a Certificate of Occupancy, the Developer shall, in accordance with Section 3-1806, Section 3-1807 or Section 6-104 of the Community Development Code, bring the existing nonconforming sign located on Sunset Point Road into compliance with the Community Development Code, Article 3 Division 18. (xi) The following Industrial, Research and Technology (IRT) and Industrial Limited uses shall be prohibited by the Restrictive Covenant ("Exhibit C") to be recorded in the Official Records of Pinellas County, Florida: (a) Accessory Dwellings (b) Government Uses (c) Indoor Recreation/Entertainment (d) Outdoor Recreation/Entertainment (e) Parks and Recreation Facilities ( fl Publishing and Printing (g) Restaurant, accessory drive-in (h) Restaurants (i) Self Storage (j) TV /Radio Studios (k) Vehicle Service (1) Wholesale Distribution/Warehouse Facility (m) Automobile Service Stations (n) Major Vehicle Service (o) Parking Lots (Other Than Accessory to the Primary Use) (p) Public facilities (q) Public Transportation Facilities 7 (r) Residential Shelters (s) Retail Sales and Service (t) Utility/Infrastructure Facilities (u) Vehicle Sales/Displays and Major Vehicle Displays/Displays (v) Veterinary Offices or Animal Grooming (w) Adult Uses (x) Night Clubs (y) Overnight Accommodations (z) Salvage Yards (aa) Social Public Service Agencies (bb) Telecommunication Towers (cc) Outdoor Retail Sales, Outdoor Display, and Outdoor Storage (so long as outdoor storage is prohibited under the IL or IRT usage regulations). The Owner agrees to record these covenants with the Clerk of the Circuit Court of Pinellas County, Florida, and shall pay any and all expenses associated with their filings and recording. 6.1.4 The Developer shall be responsible for applying for, and seeking approval from the appropriate state and federal agencies. 6.1.5 Upon issuance of a permit for construction of the project proposed in the Concept Plan and Future Final Site Plan, the Developer shall contemporaneously record an executed perpetual Conservation Easement, which shall be recorded in the Public Records for Pinellas County, Florida, and shall encumber the area located within the Preservation Area determined to be wetland, per the jurisdictional determination, which shall have been obtained and provided to the City by the Developer, which Conservation Easement shall restrict or prevent development in the restricted area. 6Z Obli�ations of the Citv. 6.2.1 Concurrent with the approval of this Agreement, the City shall promptly process the submitted amendments to the land use plan and zoning designations for the Property as set forth in Sections 3.2 and 3.3 of this Agreement. 6.2.2 In the event the approvals required by state and federal agencies for the purpose of setting the jurisdictional line for the Preservation Land Use and Zoning categories, sets the boundary of the Concept Plan Area in a location not consistent with the Concept Plan Land Use and Zoning Map attached hereto, the City agrees to use the administrative adjustment procedure, as outlined in the Code and the Pinellas Planning Council Countywide Rules, to adjust the line. Any amendment to the Concept Plan to reduce the amount of parking that may be required due to the location of the jurisdictional line shall not require an amendment to this Agreement so long as the Developer continues to exceed the minimum standards as required by Code. Nothing 8 herein shall relieve the Developer of pursuing the necessary approvals for the amendment of an approved site plan pursuant to the Code. 6.2.3 The City shall promptly process site and construction plan applications for the Property that are consistent with the Comprehensive Plan, the Concept Plan and that meet the requirements of the Code. 6.2.3 The final implementation of the land use category and zoning re- designations referenced in Section 6.2.1 is subject to: 6.2.3.1 The provisions of Chapters 163 and 166, Florida Statutes, as they may govern such amendments; and 6.2.3.2 The expiration of any appeal periods or, if an appeal is filed, the conclusion of such appeal. SECTION 7. Public Facilities to Service Develonment. The following public facilities are presently available to the Property from the sources indicated below. Development of the Property will be governed by the concurrency ordinance provisions applicable at the time of development approval, unless otherwise provided by law. With respect to transportation and other public infrastructure and services subject to concurrency requirements, all applicable concunency provisions, as set forth in Article 4 Division 9 of the Community Development Code for the proposed development have been met. 7.1 Potable water is available from the City. The Developer shall be responsible for all necessary main extensions and applicable connection fees. 7.2 Sewer service is currently provided by the City. The Developer shall be responsible for all necessary main extensions and applicable connection fees. 7.3 Fire protection from the City. 7.4 Drainage facilities for the Property will be provided by the Developer at the Developer's sole expense. 7.5 Transportation concurrency requirements will be met. The project will comply with the Metropolitan Planning Organization's (MPO) countywide approach to the application of concurrency management for transportation facilities. 7.6 All improvements associated with the public facilities identified in Subsections 7.1 through 7.4 shall be completed prior to the issuance of any certificate of occupancy. 0 SECTION 8. Reauired Local Government Permits. The required local government development permits for development of the Property include, without limitation, the following: 8.1 Site plan approval(s) and associated utility licenses, access, and right-of- way utilization permits; 8.2 Construction plan approval(s); 8.3 Building permit(s); and 8.4 Certificate(s) of occupancy. SECTION 9. Consistencv. The City finds that development of the Property is consistent with the terms of this Agreement, is consistent with the City Comprehensive Plan and the Code. SECTION 10. Termination. 10.1 If the Developer's obligations set forth in this Agreement are not followed in a timely manner, as reasonably determined by the City Manager, after notice to the Developer and an opportunity to be heard, existing permits shall be administratively suspended and issuance of new permits suspended until the Developer has fulfilled its obligations. Failure to timely fulfill its obligations may serve as a basis for termination of this Agreement by the City, (in addition to the termination provisions of Section 5.2 hereo�, at the discretion of the City and after notice to the Developer and an opportunity for the Developer to be heard. SECTION 11. Other Terms and Conditions. 11.1 Except in the case of termination, until twenty (20) years after the date of this Agreement, the Property shall not be subject to down-zoning, or intensity reduction, unless the City has held a public hearing and determined: 11.1.1 That substantial changes have occurred in pertinent conditions existing at the time of approval of this Agreement; or 11.1.2 This Agreement is based on substantially inaccurate information provided by the Developer; or 11.1.3 That the change is essential to the public health, safety, or welfare. SECTION 12. Comnliance with Law. The failure of this Agreement to address any particular permit, condition, term or restriction shall not relieve the Developer from the necessity of complying with the law governing such permitting requirements, conditions, terms or restrictions. 10 Ordinances and Codes adopted subsequent to this Development Agreement by the City which are of general application not governing the development of land shall be applicable to the lands subject to this Development Agreement and such modifications are specifically anticipated herein. SECTION 13. Notices. Notices and communications required or desired to be given under this Agreement shall be given to the parties by hand delivery, by nationally recognized overnight courier service such as Federal Express, or by certified mail, return receipt requested, addressed as follows (copies as provided below shall be required for proper notice to be given): If to the Developer: AEC Sunset Point, LLC 2159 McMullen Booth Road Clearwater, Florida 33759 With copy to: William J. Kimpton, Esquire 605 Palm Blvd., Suite B Dunedin, FL 34698-2628 If to City: City of Clearwater, City Attorney ATTN: Pamela Akin, Esquire 112 South Osceola Avenue Clearwater, FL 33756 Properly addressed, postage prepaid, notices or communications shall be deemed delivered and received on the day of hand delivery, the next business day after deposit with an overnight courier service for next day delivery, or on the third (3rd) day following deposit in the United States mail, certified mail, return receipt requested. The parties may change the addresses set forth above (including the addition of a mortgagee to receive copies of all notices), by notice in accordance with this Section. SECTION 14. ASSIGNMENTS. 14.1 By the Developer. The Developer may sell, convey, assign or otherwise dispose of any or all of its right, title, interest and obligations in and to the Concept Plan Area, in its entirety, without the prior written notice to the City, provided that such party (hereinafter referred to as the "assignee"), to the extent of the sale, conveyance, assignment or other disposition by the Developer to the assignee, shall be bound by the terms of this Agreement the same as the Developer for such part of the Project as is subject to such sa.le, conveyance, assignment or other disposition and Developer shall be released from such obligations that have been assumed by the by the Assignee. 14.2 Successors and Assi�ns. The terms herein contained shall bind and inure to the benefit of the City, and its successors and assigns, and the Developer and, as 11 applicable to the parties comprising Developer, their successors and assigns, except as may otherwise be specifically provided herein. SECTION 15. Minor Non-Comnliance. The Developer will not be deemed to have failed to comply with the terms of this Agreement in the event such non- compliance, in the judgment of the City Manager, reasonably exercised, is of a minor or inconsequential nature. SECTION 16. Covenant of Cooneration. The parties shall cooperate with and deal with each other in good faith and assist each other in the performance of the provisions of this Agreement and in achieving the completion of development of the Property. SECTION 17. Anprovals. Whenever an approval or consent is required under or contemplated by this Agreement such approval or consent shall not be unreasonably withheld, delayed or conditioned. All such approvals and consents shall be requested and granted in writing. SECTION 18. Comnletion of A�reement. Upon the completion of performance of this Agreement or its revocation or termination, a statement evidencing such completion, revocation or termination sha11 be signed by the parties hereto and recorded in the official records of the City. SECTION 19. Entire Agreement. This Agreement (including any and all E�chibits attached hereto all of which are a part of this Agreement to the same extent as if such Exhibits were set forth in full in the body of this Agreement), constitutes the entire agreement between the parties hereto pertaining to the subject matter hereof. SECTION 20. Construction. The titles, captions and section numbers in this Agreement are inserted for convenient reference only and do not define or limit the scope or intent and should not be used in the interpretation of any section, subsection or provision of this Agreement. Whenever the context requires or permits, the singular shall include the plural, and plural shall include the singular and any reference in this Agreement to the Developer includes the Developer's successors or assigns. This Agreement was the production of negotiations between representatives for the City and the Developer and the language of the Agreement should be given its plain and ordinary meaning and should not be strictly construed against any party hereto based upon draftsmanship. If any term or provision of this Agreement is susceptible to more than one interpretation, one or more of which render it valid and enforceable, and one or more of which would render it invalid or unenforceable, such term or provision shall be construed in a manner that would render it valid and enforceable. SECTION 21. Partial Invaliditv. If any term or provision of this Agreement or the application thereof to any person or circumstance is declared invalid or unenforceable, the remainder of this Agreement, including any valid portion of the invalid term or provision and the application of such invalid term or provision to 12 circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and shall with the remainder of this Agreement continue unmodified and in full force and effect. Notwithstanding the foregoing, if such responsibilities of any party hereto are thereby limited, to the extent that the purpose of this Agreement or the benefits sought to be received hereunder are frustrated, such party shall have the right to terminate this Agreement upon fifteen (15) days written notice to the other parties. SECTION 22. Code Amendments. Subsequently adopted ordinances and codes of the City which is of general application not governing the development of land sha11 be applicable to the Property, and such modifications are specifically anticipated in this Agreement. SECTION 23. GoverninS Law. This Agreement shall be governed by, and construed in accordance with the laws of the State of Florida without regard to the conflict of laws principles of such state. SECTION 24. Counternarts. This Agreement may be executed in counterparts, all of which together shall continue one and the same instrument. SECTION 25. Amendment. This Agreement may be amended by mutual written consent of the City and the Developer so long as the amendment meets the requirements of the Act, applicable City ordinances, and Florida law. IN WITNESS WHEREOF, the parties have hereto executed this Agreement the date and year first above written. WITNESSES: STATE OF FLORIDA COUNTY OF PINELLAS AEC Sunset Point, LLC, a Florida Limited liability company 2159 McMullen Booth Road Clearwater, Florida 33759 By: Aviation Engineeri Co ltant� Inc., a Florida corp at'�mber I� President The foregoing instrument was acknowledged before me this _day of , 2011, by Kamran Rouhani, as President of Aviation Engineering Consultants, Inc., the 13 Member of AEC Sunset P nt, LLC, on behalf of the corporation and limited liability company. He is _ personally known to me or has produced as identification. � ; ��•"".. WILLIAM J. KIWtPTON Commission # DD 882666 °„ :Q� Expires May 18, 2013 �,�,��:' Bo�dThuTroyFaink�e8����9 Notary Public My commission expires: Print Name: Printed Name: Printed Name: STATE OF FLORIDA COUNTY OF PINELLAS CITY OF CLEARWATER, FLORIDA . ��� BY: ,c,l:r.�o�.�.� . ��L William B. Horne II, City Manager Attest: Rosemarie Ca11, City Clerk ���D�ry� d � `�\�/� t' '�' =- ;. , "w'�. ,�,� , � ;�; .xr,: Co tersigned: � ��° �,`� � ��, ��� ��r � � i� _,���� Frank V. Hibbard, Mayor Ap ved as to F ffi � � Leslie K. Dougall- i es Assistant City Attorney � � The foregoing instrument was acknowledged before me this (�± day of � r , 201z, by W/ILLIAM B. HORNE, II, as City Manager of the City of Clearwater, Flonda, who is ✓ personally known to me or who _ produced as identification. Notary Public , My commission expires: Print Name: S��-i-f� ����'�'� � �ANDRA HARRIGER NpTARY PUBLIC 97ATE OF FLQRIDA , . Comm# EE142238 E�cpires 1/4l2016 14 � � � � . '�, � �, � ,u; '�: J Exhibit A Exhibit B E�chibit C Exhibit D-1 Exhibit D-2 E�ibit E Exhibit F-1 Exhibit F-2 Exhibit G Exhibit H DEVELOPMENT AGREEMENT — EXHIBITS Legal Description of Properties Constituting Concept Plan Area and Buffer Area Totaling 19.418 acres Concept Plan (consists of 6.571 acres) Restrictive Covenants Deed for 17.4 Acres Deed for 2.018 Acres Concept Plan Area — 6.571 acres Survey of Concept Plan Area Zoning and Land Use Amendment Areas/Cross-Hatched Buffer Adjoining Residentially Designated Property AEC Project/Phase Development Plan 15 EXHIBIT A �ARCEL 1: A PART OF LOT 1, THE ELKS, ACCORDING TO THE MAP OR PLAT THERE OF AS RECORDED IN PLAT BOOK 95, PAGE 90 OF THE PUBLIC RECOR.DS OF PINELLAS COUNTY, FLORIDA, BEING MORE pARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SOUTHWEST CORNER OF 5AID LOT 1, SAID SOUTHWEST CORNER BEING THE POINT QF BEGINNING, RUN THENCE N 00°32'06" E, ALONG THE WEST BOUNDARy LINE OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 5, TOWNSHIP 29 SOUTH, RANGE 16 EAST, PINELLAS COiJNTY, FLORIDA, A DISTANCE OF 975.85 FEET; THENCE S 89°4q�'22" E, 435.92 FEET; THENCE S OQ°18'16" W, 276.77 FEET; THENCE S 89°41'44" E, 370.57 FEET; THENCE �,pNG A CURVE TO THE RIGHT HAVING A RADNS OF 580.00 FEET, DELTA ANGLE OF 03°23'14", A CHORD OF 34.28 FEET AND A CHORD BEARING OF S I6°22'25" E; THENCE S$9°41'44" E, 134.73 FEET; THENCE S 00°18'16" W, 205.93 FEET; THENCE N 89°4I'44" W, 2�,g4 FEET; THENCE S 06°38'S4" E, 182.54 FEET; THENCE S 20°59•08" W, 21.34 FEET; THENCE S 06°38'24" E, 63.85 FEET; THENCE N 89°27�24" W, l I2.29 FEET; THE1vCE S 00°32'36" W, 200.00 FEET TO A POINT ON THE NORTI�RLY RIGH'T_OF-WAY LINE OF SUNSET POIlVT ROAD, A.K.A. STATE ROAD #588; THENCE N 89°27'24" W, ALONG SAID NORTHERLY RIGHT-OF-WAY LINE, 836.31 FEET TO THL PpINT' OF BEGIIVNING. CONfAINIl�TG 757,691,4 SQ/FT OR 17.4 ACRES MORE OR LESS. PARCEL 2: LOT 2, THE ELKS SUBDIVISTON, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK 95, PAGE 90, OF THE PUBLIC RECpRDS OF PINELLAS C4UNTY, FLORIDA. 87,891.9 SQ/FT OR 2.018 ACRES CONCEPT PLAN AREA and BUFFER AREA — Total of 19.418 acres �Xl���IT A P �.,�'3�.r F �i�J R/0/R CG ,� 6 �� ��_�Tq vioaoaa�a+w�rrr,ia. '�:�.r� NIMIItM�s u! 1. Y+s111Y�o1MLNOP. M�RWTION TdTKMOhRI►MIN:MMIAC OI� MSMWl�. YI�SI[Yf1014K: W/A0. OII �pi� �M 1�➢dq�/[,OII AMQr!u�._y PA1W���pMa,� �asoNNa �.,�.�.,,�,��,,, �K�.,�..�. RLM �� � � .�.. � �� Y �1jy' R/OG . ,TION �4Q�`py, •::� � PRESERVATION ����* � PRESERVATIOI� 12.841 AC. OR 669,384: PRESERVATlON SfR. 09, 11VN. 2DS flNG. 18 E v� '�`� IN5TiNT10NAL PfNELLA3 COUNTY. �.awo� ..-;. . � M � � � '� �, ��� ��, �� R� � � ja tj� ��-- n� � � � RL .�.... � � �� �� � QJ,�,�,r ur w n ures � J� .� � � r� as 51/NS7ET' POUVT RO,ao {�j �___.�,� � w�a� �.w� �°°wnrr "�w �w � { � �r y , • / • ,i / �.:% I'' — �— [ � � � � i �. � r �� �-�.�. � \ ~., � � • � � � � 9 C089t D�TA t18LY �� r►ane� asi ar ac�r INSi1NTlONAL • � �' � . �..r -�. �� ',� �. M �• � �S� q �� � �a v� � ��� � U a Z r�F U � � OB/3�/�8 wsar wo. 09007 �P 1 PERPETUAL RESTRICTIVE COVENANTS THESE COVENANTS are entered into this day of , 2012 by the AEC Sunset Point, LLC, 2159 McMullen Booth Road, Clearwater, Florida 33759, hereinafter referred to as "the Owner". WHEREAS, the Owner is the fee simple title holder of the Property located on 2750 and 2754 Sunset Point Road, City of Clearwater, in the County of Pinellas, Florida, as described as Exhibit A(legal description), attached to and made a part hereof, and WHEREAS, the Owner has received an approved land use plan amendment from Institutional (I) to Industrial Light (IL) and a rezoning from Institutionat (I) to Industrial, Research, and Technology (IRT,) from the City of Clearwater, Florida, hereinafter referred to as "the City," to allow for the expansion of the current use, which will be situated on the property of the Owner as described as Exhibit A. WHEREAS, to protect neighboring residential districts from unlimited Industrial, Research, and Technology uses of the property now and in the future, the City will require a restrictive covenant be executed and recorded by the Owner, and NOW THEREFORE, as part of the consideration for the City's land use amendment and rezoning, the Owner hereby makes and declares the following perpetual restrictive covenants which shall run with the title to said Property and be binding on the Owner and its successors in interest. The following Industrial, Research, and Technology (IRT) and Industrial Limited uses are prohibited by these covenants. 1. Accessory Dwellings. 2. Government Uses. 3. Indoor Recreation/Entertainment. 4. Outdoor Recreation/Entertainment 5. Parks and Recreation Facilities. 6. Publishing and Printing. 7. Restaurant, accessory drive-in. 8. Restaurants. 9. Self Storage. 10. TV /Radio Studios. 11. Vehicle Service. 12. Wholesale Distribution/VVarehouse Facility. 13. Automobile Service Stations. 14. Major Vehicle Service. 15. Parking Lots (Other Than Accessory to the Primary Use). 16. Public facilities. 17. Public Transportation Facilities. 18. Residential Shelters. EXHIBIT C 19. Retail Sales and Service. 20. Utility/Infrastructure Facilities 21. Vehicle Sales/Displays and Major Vehicle Displays/Displays. 22. Veterinary Offices or Animal Grooming. 23. Adult Uses. 24. Night Clubs. 25. Overnight Accommodations. 26. Salvage Yards. 27. Social Public Service Agencies. 28. Telecommunication Towers. 29. Outdoor sales, outdoor display, and outside storage (so long as outside storage is prohibited under the IL or IR usage regulations). The Owner agrees to file these covenants with the Clerk of the Circuit Court of Pinellas County, Florida, and shall pay any and all expenses associated with their filings and recording. IN ADDITION THE OWNER FURTHER RESTRICTS THE SUBJECT PROPERTY AS FOLLOWS: 1. No buildings will exceed two stories in height. 2. That a 25 ft setback be maintained on the East property line from the abutting residential development. IN WITNESS WHEREOF, the Owner has read these Restrictive Covenants and have hereto affixed their signatures. OWNER: AEC Sunset Point, LLC, a Florida Limited liability company BY: Aviation Engineering Consultants, Inc., A Florida corporation, Member By Kamran Rouhani, President WITNESSES: Printed Name: Printed Name: STATE OF FLORIDA COUNTY OF PINELLAS SWORN TO and subscribed before me this day of , 2012, by Kamran Rouhani, as President of Aviation Engineering Consultants, Inc., a Florida corporation, Member of AEC Sunset Point, LLC, a Florida limited liability company, () who is personally known to me, or ( ) who has produced his driver's license as identification, and who did not take an oath. Notary Public (Printed, typed or stamped name of NP) My Commission Expires: (NOTARY PUBLIC SEAL) I�: 2006019178 ffiC: 1�877 pCi: 1097, GI/18/2006 at 10:44 At�l, REOORDIIP(i 3 pJ1L368 $27. �0 D DOC STAl� t�Li�CTI�i $0. 70 l�1Q �, CI�g�( pg CpQRT PI1iELi.AS OO�AiTY, FL 8X DEPO!! CI.tRiC: CTd�lrO� s • Ps�nat�d hv asd �att�ra to� � 1'7�VIn 1! * C�. .,��� at Ltr ,� � 741� l� Hwa 19 i' l�ier Poss �eY._ irL 3455]-17�0 ', + .. �i Taa Parc�el � OS-Z9-t6-9557Z-000-ODlb -�'- �-���� �' '. . . � .- .. .. . . . . � � .. .� „ � , . . N]1 8 g A N Y D S S D __ `��•���• , ��� �. . �. . �� �� ` � � � � � `� `��, � � , ' ��� �� i�iS L�s. made thi.• jy day olN�, Z005, �l�1 ,---. `� �, :' _ . , � ,' .� � �� `-_ i aVI1TI0�I �Mfii 'M�D COrBOL'L1Ri� I1R:. r� fLO�m� OO�O�ti'�IOI�r i� <'�1 �^ _ Wta11lOA* �rhose Post �fice aQdresa ie s�,.y 5' mtmu�� �r� � c�oy,�v,A�,�� Fl 33"�j',�-'j;•' ag the C�ormty o! Pinellae 8ta�e og Florida, ,� .. � .. . . ,� . . ,, f�C �='1' sOai', l.LC. • L�D �=LI'P� COIfP�`• � ` `• •' • whore po�t Ol�ice ad4rea� ie � ZtiGj y/�7l,/I7V�lCr1T'��.���I� � , C�.CiJ�l�I�V�! `C ��� � 7J%� of Ch= Cwaty ot Piaellas, BEate of Pic�S�, `. `� ', 1 � �. � � ya i 1 � `� ,+ 1 � � `� r 11s3l�R� tha� said greakar. for �d '�d oon�i�ration o! the e� oi TiN ]►1� 00/100 DOLL�1it8, ,•a%'. dther _a�fpd aad �aluable caz�sideratiaoe to said Oraator,� .�sid-hy ssid c�rat►t�, tbe zeceipt rrhareaf iai hereby acl�. :.l�e 9s'sated. bargaiaed and sold tc the eaid grantee, an� �rap ee r a�r ire aad assi�s loz�sv�r tbe follawiag aeecribed 1�, gf�tyabe, ly�ag aad being iu Pinellaa caouaty, 81or3.�, t0-M/��4' �� `� �� , �� .. � � �"+ . . . . . .'.' �/ 8ffi A��BISIT "�� 8'OR C7�pT,SPS .�BCAZp'1'IO�i . . � . . � � `� ` `/ Bubject,#�o �emeatsi, ;restrictioos aad reoervations �! r�cwrd. . ,� , �` �` � � i , . -- .. svte�eet _to��t'�oei and aeeess�veats tor t.be year soo5 aad .�t6G�• ' , �+ � . ' ��� �. . ; . � . $aid Ar�i�qr`dbes hereby fnlly varraat the title to ssid laad, aad ' 1�1� d�ete`p� tbe sane agafnst the lavtul claimo of ail persoas w�oeve�., . � , , *"Orahtac�" sad •fixaatee■ are used for eiagular or plurai, as the i co�ntext requirea . . =M tfi'1'l1�SS 1�l, Graator he,e bereuato set Graator � s bsad aad eeai the day aad year first above writtea. ���tBlT D�,� P��'� ���1'i°. REC. ffiC 1IB77 P(; 1098 � : ' g�9�d� eealed aad delivered in rhe preeeace ofs �s t�rs ��� � sr �- / S �oaGGts�� t ��c.<�� f! G',�aa� ita��� pr aaw� �9i�1TI0lf sxc=xss�e=aa CO�OL'l�8. �C. /� ~ . s =on aa , r�■ •at � ,• �� �� �� ,� ,_, , ._ � � � ,--• ` '-•'. , � . . � i .,'., . . . , � � � �< ., �� . . . �... -- . . �'. , � _ `. . � . . �` `� � � . � � i .,�� ���. �� �' _ �,�. � ,� ; ,- :- . � . - , �' ,' - i � ; <,�1 ` _ _ , � � � `. ', `�`. ,�. . �- . !A'ri 01► sLO� , � ' . . � �i aa'iiaroa ``�� �♦ �� i \ `� �� �♦ � /� �` �� i I�i t�1tsZ� t�t osi Chie day. befosa pse, �e��of#3cer'�duly qualified to take aclauowledgimsats, persondil`], ' "�� �^�•��^{ to me knwa to be t1� p�sYau descz��ed•�a �vho �ca�ed the foragoing iastrtLnent arid aalQaowl�.be �3:re . ix that ehe mnecutad the sa�e. I reliad upcm�. �he t,c��� �3'f�g �ora� of ideatitication oi k8e above naaed perso� ,�A 4�r! amd that au oath nas t�lloen. ��''�� � ". . . � r � � � M�� mY 1�aad a� otlic3al e,��d �ip•�t.l�q,Cb}�a�tY aad 8tate last /atosessid this ( ��' day of,T►�/�� 2005. .• ., . •'1 .� ., , �.� ,. .. � �. � �. ., . , �, . . .. .' � c , ,' ,^, . �g�'�mmission E�irea �.�• ,'.' �i / . �. . . , `� �6. �o'%� = ; .'�: �. ,, ,, .. , ,� t�ot.rr �r �app �..i�; ,. . � . . . �. � : . , . , .. .�- / . . __, ,- . . �jl�'.���� ,r:{ �ASI�Nf .�:r• � -'.� � •.�•.-•� :., �. .,, :' '� :• ♦ �; �♦ wr+4� . , � �. M � ��;""" "'l` ` `'a - ..� • � � ����♦ 1 � � � � � ♦ �. � _ �- ' PINELLAS C�UNR'Y FI+ Di�'• REC. SK 14877 PG 1099 � �r � 4 A 6�iI$IT "A" i� 5 � / � 1 � . 1 � I�`���� � 1 � � +� �` ♦�� � `♦ ♦ � I i ♦ � ♦ � ♦ i 1 � � �< .� �. .. � � ,�, - �, .' `� � '. . �' `� � � . � ,' `� �+ ��,' ,� +' A part oF tAt 1, li1E E1JC5► aocotdkg tu the mep or plpt tl�eof as recot+�ed b Ple��eok.95; P�s �p;'0�� tlte PubNc R�eootds d pitel� GounlY. FIo�Ms► I�i19 more Pea'd�ula►�I� d�cr�ed �,�davrs: •, -_ � �� Qomrnaioe at the sout�west can� of �sfd t.at i, a�W Southwest wr�er I�ef�g thi. �t of �, �un tlKnoe Nortl� 00" 3Y36• 6es� a1or�Q the Wl�t 6oundsry Mne of,t�ae Soutl�ert 1%a��Nort��t 1/� af S�dion 5, Townehlp'29 Sbutly Retpe 26 Eeey P�Mes 6x,��tY, Fbrlds, s dl�snoe of 975.85 Fee� thenoe Soutle 89° M'22' E�,135.a'2 feeG tltence Soulh 00° ae'f 6'aq�t, 276.i7 fae� tlxxtoe South 89° 41'M" f,e�, 370.57 6ee� tl�enae abrg s atrve ta d�e righ[ hav�ng a nid�of S�i.bO feet, deRa a�q�le of 3° 23'14', a cho�d d 3�.28 feet and a clwrd b�rlra� of SautK �• �'25"`Essts'#�oe 5outl� 89° Ai'44" �ast,134.73 feet; tlte�nnoe Sadlt OD° 18'16" 4Vesy 205.93 feet,titf�d�oe NeHltY9° �1'44" West, 27.84 fee� ti�ence SouNF 06° 38'S4' 6a�,182.5� feeR; tl�enae 5auq�ZO° S�'d�yile3�21.39 feet: Ehenos South 06" 38'2�' Ess'� 63.85 fed; N��ae Madt 89' 2T24" 1Nest,11�.�9 feel; thena Saulh 00° 3Y36" West, ZO0.00 �eet ro e PoM! on �e Nortl�era dght-of�qi� aFS��bk�t Road, �la SteGe Road 58B tt,�r�e nia�n en� in�� we� atony saa ao�afi► ���� a�s3i r�t � tr� �„c �r ' ��• , , ; � .,. , . , , � � �, � . ,,,. . _-, , .. ,-, . , __ .. � . . . .. ,�, , . . . . �, ,,,, .,,. .� ,. , .. ., , , - „ , , „ ,. „ „ , , ,-, . . ., „ .. , • . . �♦ . ., , . , , --, . . ,- _ �. . . , ,- •� , . . , , , � . .�. � � � ', r ,< < . � ,-� � , . . . �. � ; . . . • � . „ .� - i .. �-- ,- _ . . ' .. .� �_: �i � ,� � . , . , . • ,� . � . . .� �, �`.� , � � . . . �'. . �� `. ` �� ' i `�. +� . ` �. . ...- , I�: 2006019179 B�C: 14877 P(�: 1100, Ol/18/2006 at 10:44 11M, RECa[�I�6 2 pllf�g $18.50 D DOC S!A!!P C07.J,SCTIGN $0.70 �li �, �� pg pp�r p�yyAg GO�iR'Y� FL SY D�PI7TY CLSRIC: CId�W2 � � �1 �•. . i _��•;�� y• 7• � ��v v _rr' vr.s . : :1 ' , _ y., � � .� � � 4,_... ��_4� �� � � 1 1 i 1 1 flAII��1liTY DB �D , i � 1 1 l � 1 1 i � � _ 5 i� � ti l � 1 � � _\ \ /' `� � � / I�^� \ \ f � � � � V I ( � � , \ /'/ \ � �� � '. . .'�- �� � �. . �� `. `� �� . � � � � ��� TM + '� ,� i '�IB �, mada thie f y daY � IIIOv� Z��S. �'�f , � - -. �, �. ,: ; ' .'' �' � - i >VIi=I� �i�tl�# C�IfAQ(� � � _ _ ' •�C. � A fLO�I� C0�0�lYOVf. i�B t��� • m�a�a+o�e� ,�bosa �+ost o�t3oe amzass 3e. �,� 5 q mc m �t��t �iro`ox7} 1!� ct�,eW'e9�� �t �37�� ; ,, of the Cauaty o£ Piaellaa SCate of Plorida, ,� .. � .. . . . . ,'; . . , �C 8� !Oa'!'• LLC. 1 L�,T'1'iD LliilL2'r! C0�! � ` � ` � , * � � � � vhoee Posti Office addsese iw� Z�GJ9 �-�f/+tl�;��T�` l�PA�l� cz.e�cv�i'�¢,, fi�' 3�75� of the Couaty of pis►ellas, 8tata o! 81oi'��p `. `. �. ` i��� �� �� V� i � i ; � `1 v> �8 that esid grantor, for �d '� c�si�atiam �i the atm of T�i A� 00/l00 DQLLARB, ,.aix}'. dther_ ,� aad vsluabie caosid�ratiaz�a to said t�raatar,7a' ��. ` drb�id t3saattee. the receipt �rhereo! i. bereby ackufj�2 :.�s 9raated, bargsi�asa and sold to t�e said graatae, sa� +s$� irs and a�aigas lorever !he �oll� �acribed l�, � re. lyiag and belsg io piaeliaa Cotsnty, 81 da, to-rit �,' .' � * � � �� .. , , .°. z.ot s. �'ss sGSS al� fpia�7, �a�f recoz�ed ia plat Hoolc 95, Page 90, ��ic��rde of Piaellas Oottaty, Hlori�a. . - . . . ,�,- •� . . . � . ` `. ' �i �� ! � � Suubject,�o �a�ements�;re■trictione and reservatia�s of recore. . . . . ,� . . . . . . . �__ � Sup�aet _�o`,�'�ae's aad aoses�neats for the year ?405 aad x�ha�GiS�t� _',;+ .� � . .� � +, � . �a�id �3r�uC+Qr `dbee hereby fully wrrant Lhe titla to eaia laad, aad � �Y} tseta� tbe sa�e agsinst the la+rful c2aims of all persoos �tiiqaos�oev�ps�., i �� . . �. *'t�ra3�+or" aad "Gtsatoe' are used f0! fit�ular or plural, ao ti►e context requires. � M�/8 1�0?. G`rantor hae hereunto aet Graator�a haad aa+i seal tbe day arsd yeaz first above vritten. ���HIBIT D - �„ psrntaas cooa�r r� o�. �c. � i4s�� �tz lloi � � . 6fgaed, sealed and delivared � , !. � �% J f,�T ■s i !r � �s �. ,��� G,�o,�� lws� t� �� �VI�?s0�f lllfiif�=11� CO�Di1�11NT8. I�C. r a Aoa •a , as�s �at .' �' ,' �' •-_, �' �_� _= i - . �. . ,-, '. . � . , �. , .v� „ „ ,� „ �� . . . �... -- . . .� .' -� �� . ��,- ..� . . `. � � . `� `��. � '� �� �, , ,.- ;, �.; . _ ,: ; ,,- ,-_ . � ' �,� -___ � �, � `. + ; . .� .�� _ ., 8'1'�'1'i O! lL�� .. . . . . . . , CD��' O! P�Lt,i�i • • • • . . , . �' . . , . � '; � �, . � � ; � . . � I�_ �RlIl� tbaE o� this daY. befos'e me, �t� o!`#�aes' duly qualitied to talce ackao�rledgmenta, psrsa�fi'T7, ay�l�red`�1Camraxi ito�sni to me Imawn to be t.he per�on descr��ed•� a�l.� e�oecuted t�e foregoiag iaatrumeni aad ackoar]�s�• bafcire . d�e that ehe eorecutad tbe *a�e . I relied upon , tlye �p �orm of ideatiticatioa of th� abov�e aamed persos� ' ,t r / and tLat an aath r►u takea. �� � .'. � • � , .�.`. `�� '� ���i=3llseB my 2uwd an�d afficial � 3��.t}��t76}�dtY aa�d 8tata iaeb ataresaid thie ,�"� day pl,j�0 Ob5. `� : � .'.' � . � . . ,�, . �. . , � � ' ., , .. ,' . ,' �, `�ora1C! I A/�OII $ii��l^e ���� i�i� `/ ♦ •i i ,G�� i6 , aa� ; . , .. , -. . . „ ,. . . , , , .,. , , c�ro�r �._ �e� s..i�� � ,. , , . . . •, � : . . � .� . . .'-- . . __„ ,- _ . . � " .. � t�,`'- a . ��� M-►a-�==a►,m�� .:•.••r- . ` . . ♦ �� Yt . �•R9�0:� . � l,:' ♦ 1"l�; , , . �t ,- ,., �?+.,.:..�»- � -. . ,, • , � ._.�...:� . . . - � � -- •�. �, . � �, . . �. . _ LEGAL DESCRIPTION OF PARCEL TO BE REZONED: A PART OF LOT 1 AND LOT 2, THE ELKS SUBDIVISION, ACCORDING TO THE MAP OR PLAT THERE OF AS RECORDED IN PLAT BOOK 95, PAGE 90 OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA, BEING MQRE PARTICULARLY DESCRIBED AS FOLLOWS: COIViMENCE AT THE SOUTHWEST CORNER OF SAID LOT 1, RUN 'I'I�NCE N 40°32'U6" E, ALONG THE WEST BOUNDARY LINE QF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 5, TOWNSHIP 29 SOLTTH, RANGE 16 EAST, PINELLAS COUNTY, FLORIDA, A DISTANCE OF 975.85 FEET; THENCE S 89°44'22" E, 109.22 FEET TO THE POINT OF BEGINMNG OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUE S 89°44'22" E, 326.70 FEET; THENCE CONTINUE S 89°44'22" E, 300.13 FEET; THENCE S 00°18'16" W, 199.86 FEET; THENCE S 89°41'44" E, 85.04 FEET; THENCE SOUTHWESTERLY ALONG THE ARC OF A CURVE CONCAVE TO THE SOUTHEAST, WITH RADNS 30.00 FEET, CHORD S 34°13'47" W, 49.79 FEET, CENTRAL ANGLE 111°08'36" FOR A DISTANCE OF 58.19 FEET; THENCE ALONG THE ARC OF A CURVE CONCAVE TO THE WEST, RADNS 580.00 FEET, CH�RD S 19°57'29" E, 38.19 FEET, CEIVTRAL ANGLE 3°4b'24" FOR A DISTANCE OF 38.20 FEET; THENCE ALONG THE ARC OF A CURVE CONCAVE TO THE WEST, RADNS OF 58Q.OQ FEET, CHORD S 16°22'25" E, 34.28 FEET, CENTRAL ANGLE 3°23' 14" FOR A DISTANCE OF 34.28 FEET; THENCE S 89°41'44" E, 134.73 FEET; THENCE S 00°18'16" W, 205.93 FEET; '1'HENCE N 89°41'44" W, 27.84 FEET; THENCE S 06°38'S4" E, 182.54 FEET; THENCE S 2U°59'08" W, 21.39 FEET; THENCE S 06°38'24" E, 63.85 FEET; THENCE N 89°27'24" W, 112.29 FEET; THENCE N$9°27'24" W, 56.35 FEET; THENCE N 16°42'35" W, 138.26 FEET; THENCE N 33°29'48" W, 86.84 FEET; THENCE N 38°12'19" W, 95.01 FEET; THENCE N 40°27'11" W, 139.45 FEET; TI�NCE N 46°11'23" W, 161.28 FEET; THENCE N 44°43'S5" W, 148.13 FEET; THENCE N 48°12'31" W, 157.25 FEET; THENCE N 49°41'43" W, 116.67 FEET TO THE POINT OF BEGINNING, ENCOMPASSING 6.5707 ACRES (28b219 SQUARE FEET) MORE OR LESS. Concept Pian Area - 6.571 acres EXHIBt� E 2 . � 1 � 1NSTITUTIflNAL sec. os, 7NM. 295. RNG. 76 E. �j � P r.��"`��. P �Y �� lNST1TU110NAL� �� �' �-�+�r� INSTITU110NAL PINELLAS COUNTY.FLORIDA �� � 7°"'�' �.� p � 9 4 � R/0/R iMSTITUIIONAL � �� � s ��� I , I � � , � �� � �� INS�ITUTION � RL �- ��° 9�� � �G ,��, I '�`�+'�� �� � � � � �� a � �� ,�' �'� " y' '!^��9�p4 ! r ��c�,�' �m RL � �� � � �°I�,'� � ,�: ti y �a „��.�.�,....a,.�...� 1OMMYMOOIMO�Iw.T�maM#��ant 'I J� „»>..,,..,�.,,,,..�...,o„ � PRESERVATION �,� � _ .,,�. � ..,.�.�,,..ti wmm�wr«� aa.,�c.oRa.ea,.a.rc � � rnraaoiwrmr�as.oanwm�uNS �\ u��am�� �vi�ti�i5r a .i"'Cy� � � �°e°+w�u��w��vr ��.� ��_ �° �u � i ♦ � ��p++��� � z i���i�a�� am.�as.. � � � �' ��arr•ist��waas�ww�r,�a� � � � � 3 O ;: �.�'�-•r::,���° � i� RL A,. � wiaa+rwab w�li�M ` �a+'ti'.�moi�eraar�i �+—�' �• I � c• � I sa s.t�w W. F U' �:��„� � �. ��� fNSTITU�ONAL "� Z ���a w Sr�� «,s�w.r. ,,..,, ��, � m ra�rw�q�mr��ow�vwpr�quu� ,qry,� l� orclnrr (/7 � oa�aa ^� � "��7� � � i � nrr � 5a RLM �� � �„ Y.,".� �.. n` ��� a J � � ���'t,`�' J �� � � c� ��� � �unous.r, �nsw, 'r'3 1 '� ° � ` •:� �� �' ��� r v � � � } : � � , � �� �:�. _ � r ♦�� � PRESERVATION; 12.844AC. OR 559,496 SQ.FT. �� �r .�,�` i R,O� c�•r � � s� � � �. ..�a� � i� °' � � r '� � ��r° d r �•' :"�. �5�� + p ID'[ 1�F I r � w ` �� � � : R��� � � � ;� ,�,� PRESERVATION ;� "' i � � _._ �— I s� cunva n�, r.esa .�M �rraur.a.ae �.,ou � �ae � RESERVATION � � INSTITUTlOiVAI � � �`�� � mur w, o�ru'uy wr��a��arww�rarx � � � � � !! � '� 1 �r �, S � � ~ " ��i u°"�'°w� � 10/30/�9 : ��e.t� . .. sM�w '� � o,ccr la. a Mc , SlINSET PA7MT ROAD (F) 09509 � .,.�..... � - — ��1°`� �' �c. sr�a � � .�,�i mwn+ais.�q! wo. ' ��a�w�� *' 1/O�Ih' �wMIfMMM� S�'� P R/0/R CG � � I RLM �� �� - �� �I � � ( �" � I �- � R/OG I w �■R� � �i � ..., � w P TION ���� PRESERVAl10N ����i{� . � � . ._ ,' _ � � �--� ,, � r, �. - ��� - - .� . \� - � — — —i--=--�- \ . � r � ��.y:�� - - �.0�;' . �� �; _, , �� �� �� , ��:�_�c;K-��,:;�.-:� �',. � .1��!1.�M ` � � � ` : ��� i �_y� •1' � \ r • � � �T ♦ �1� �* � . `� � 1 ' " . \�:''� � � �<;�' J ` � � ,� � ��� �� � • <✓ ..��� �� . °. _ . ._ . �. ., �� �.:� �,.� :� �/�� � , �� �_,:���•_.�!�� : ���.��� ��� � PRESERVATION StfMSET POVI+lT ROAD (F) °—�°!�� rw naEr � (�.� a46 �tl�7 /Y! wRA 41Mr AIK P4 �IA�' .H�MAtMwWf � �' cusn neT� Tre�,s .. a�e ;e'.� «�.r �«..� ��� INS�TUTIONAL ' ��� . .� �. � � � � OB/30/09 rosc7�a 090D7 AAIOpC 2 a� � � � U � L '�-^-i v/ Buffer Adjoining Residentially Designated Property Vehicle Use/ Landscape Area 25'-50' Drive to Drive & Parkinq S �. = Width 25` Buffer from Pavement to 4 RL Lots �� c� a� L Q �-+ � J Visual Screen �� ' `` `�� � • • i i r — ��F � �� � • i • e: .M � ! � • 1. See Concept Plan for Linear 25' Buffer Area along East property boundary abutting Single Family Lots. 2. BufferArea wall will commence installation with the issuance of a foundation permit to the developer. 3. No Loading areas or Waste Dumpster facilities will be in this area. 4. Section Sketch is left to right West to East looking North. City of Clearwater/AEC Development Agreement 10'-15' Tree Buffer ' Property Line Staggered Buffer Trees Consistent with Development Code to Reach 15'-20'Crown Exhibit G Ref to AEC PROJECT/PHASE DEVELOPMENT PLAN The approval set forth in the Development Agreement, to which this Exhibit is attached, between the City of Clearwater and AEC Sunset Point, LLC contemplates that the 130,000 square feet of new facilities will be developed in phases, with estimated time tables and requirements as follows: 1. Jurisdictional Boundaries and Project Site Plan - These items will be commenced immediately following all required hearings to approve change of zoning, change of land use plan, and approval of the Development Agreement. A) Jurisdictional Boundary Determination - estimated six to eight weeks. B) Site Plan Preparation and Approval Procedures - estimated four to five months for approval process, which runs contemporaneous with jurisdictional boundary determination. 2. Initial Phase of Construction - The first phase of construction is estimated to include 40,000 to 60,000 square feet of buildings, to be constructed in accordance with the formally approved site plan ("Approved Site Plan"). Initial building construction will include masonry wall separating the project from the adjoining residentially designated property to the immediate east, completed driveways, internal traffic flows, driveway apron, ingress/egress resolution to Sunset Point Road, associated parking requirements, dumpster location, fire safety circulation, stormwater retention and detention and all related Building Code requirements per the Approved Site Plan. It is estimated that the initial construction phase, including pertnitting, will commence six to eight months following issuance of Approved Site Plan. 3. AddiNonal Construction Phases - The second phase of construction is estimated to include 40,000 to 50,000 square feet of buildings. Second phase will commence within five (5) years of Certificate of Occupancy of first phase. The third phase of construction will build out the remaining balance of the maximum 130,000 square feet of the approved facilities pursuant to the Approved Site Plan. The third phase will commence within five (5) years of the Certificate of Occupancy of the second phase. Nothing shall prohibit earlier construction of phases or the entire project. EXHIBIT H