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DEVELOPMENT AGREEMENTDEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT ( "AGREEMENT ") is dated the 1 +h day of De (! r ►1 / , 2013, and entered into between Ted Lenart and Maria Lenart, Trustees of the Lenart Family Trust, utd December 20, 1991 ( "Developer "), its successors and assigns, and the CITY OF CLEARWATER, FLORIDA, a political subdivision of the State of Florida acting through its City Council, the governing body thereof ( "City "). RECITALS: WHEREAS, one of the major elements of the City's revitalization effort is a preliminary plan for the revitalization of Clearwater Beach entitled Beach by Design; and 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; and 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; and WHEREAS, Beach by Design proposed additional hotel units to equalize development opportunities on the beach and ensure Clearwater Beach remains a quality, family resort community by further providing for a limited pool of additional hotel units ( "Hotel Density Reserve ") to be made available for such mid -sized hotel projects; and WHEREAS, the Developer owns approximately 0.69 acres of real property ( "Property ") in the corporate limits of the City, more particularly described on Exhibit "A" attached hereto and incorporated herein; and WHEREAS, the Developer desires to develop the Property to add overnight accommodation units, minimal meeting space for guest use, pool /tiki bar, lobby and parking with parking spaces, generally conforming to the architectural elevation dimensions shown in composite Exhibit "B" (collectively, the improvements are the "Project "); and WHEREAS, upon completion the planned resort will contain 103 units, which includes a maximum of sixty nine (69) units from the available Hotel Density Reserve ( "Reserve Units "); and WHEREAS, the City has conducted such hearings as are required by and in accordance with Chapter 163.3220 Fla. Stat. (2012) and any other applicable law; and KEN BURKE, CLERK OF COURT AND COMPTROLLER PINELLAS COUNTY, FL INST# 2013393103 12/11//2013 at 04:18 PM OFF REC BK: 18251 PG: 947 -973 DocType:AGM RECORDING: $231.00 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 Land Development Regulations; and WHEREAS, the City has conducted public hearings as required by §§ 4 -206 and 4 -606 of the Community Development Code; and WHEREAS, at a duly called public meeting on iN)kt 31 t L 4 - ' , 2013, the City Council approved this Agreement and authorized and directed its execution by the appropriate officials of the City; and WHEREAS, approval of this Agreement is in the interests of the City in furtherance of the City's goals of enhancing the viability of the resort community and in furtherance of the objectives of Beach by Design; 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. Incorporation 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. Property Subject to this Agreement. The Property described in Exhibit "A" is subject to this Agreement ( "Property "). 3.1 The Property currently has a land use designation of Resort Facilities High (RFH) and is zoned Tourist (T). 3.2. The Property is owned in fee simple or under contract to be owned in fee simple by the Developer. 3.3 The Property is generally located at 625 S. Gulfview Blvd., Clearwater, FL 33767 as more further described in Exhibit "A ". 2 SECTION 4. Scope of Project. 4.1 The Project shall consist of no more than 103 overnight accommodation units and 150 units per acre. Of the 103 overnight accommodation units, no more than 69 of those units shall be from the Hotel Density Reserve. 4.2 The Project shall include a minimum of 126 parking spaces, as defined in the Community Development Code. 4.3 The design of the Project, as represented in Exhibit "B ", is consistent with Beach by Design, except as otherwise shown on Exhibit "B ". 4.4 The height shall not exceed one hundred (100) feet from Base Flood Elevation, as defined in the Code. SECTION 5. Effective Date/Duration of this Agreement. 5.1 This Agreement shall not be effective until this Agreement is properly recorded in the public records of Pinellas County, Florida, and thirty (30) days have elapsed after having been received by the Department of Economic Opportunity pursuant to Florida Statutes Section 163.3239 and Clearwater Community Development Code Section 4606G. 2. 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 to the Department of Economic Opportunity a copy of the recorded Agreement within fourteen (14) days after the Agreement is recorded. 5.3 This Agreement shall continue in effect until terminated, as defined herein, but for a period not to exceed ten (10) years. SECTION 6. Obligations under this Agreement. 6.1 Obligations of the Developer: 6.1.1 The obligations under this Agreement shall be binding upon and the benefits of this Agreement shall inure to the Developer, its successors in interests 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. Property: 6.1.3 The following restrictions shall apply to development of the 3 6.1.3.1 To retain the grant of Reserve Units provided for herein, the Property and improvements located thereon shall be developed in substantial conformance with the Site Plan attached as Exhibit "B ". Any modifications determined by the Planning Director as either inconsistent with attached Exhibit `B" or constituting a substantial deviation from attached Exhibit `B" 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 appropriate site plan approvals pursuant to a Level One or Level Two development application, within three (3) years from the effective date of this Agreement ( "Commencement Date ") in accordance with the provisions of the Code. Nothing herein shall restrict Developer from seeking an extension of this Agreement, and the Commencement Date, pursuant to the Code or state law. 6.1.3.3 The Developer shall execute, prior to commencement of construction, a mandatory evacuation/closure covenant, substantially in the form of Exhibit "C ", that the accommodation use will closed as soon as practicable after a hurricane watch that includes Clearwater Beach is posted by the National Hurricane Center. 6.1.4 Covenant of Unified Use. Prior to the issuance of the first building permit for the Project, the Developer hereby agrees to execute the covenant of unified use and development for the Project Site providing that the Project Site shall be developed and used as a single project, the form of which covenant is attached as Exhibit "D "; provided however, that nothing shall preclude the Developer from selling all or a portion of the Developer's Property in the event that Developer determines not to construct the Project. It is understood and agreed that, in the event that the Developer enters into the anticipated covenant of unified use and development, and the Developer elects not to construct the Project and notifies the City of its election in writing, and, alternatively, as of the date of expiration, termination or revocation any rights of Developer to incorporate the Hotel Density Reserve Units into the Project, the City shall execute and deliver to the Developer a termination of such covenant of unified use and development suitable for recording in the Public Records of Pinellas County, Florida. 6.1.5 Return of Units to Reserve Pool. Any Reserve Units granted to Developer not timely constructed in conjunction with the Project shall be returned to the Hotel Density Reserve and be unavailable to Developer for use on this Project. On October 15, 2013, the Community Development Board conditionally terminated the non- 4 conforming status of the Property pursuant to Case No. FLD2013- 08025. In the event the conditions associated with the Termination of Non - conforming Status are met prior to October 15, 2014, thereby vesting the density approved in FLD2013- 08025. Developer hereby agrees to return thirty (30) Hotel Density Reserve Units which is the equivalent of the number of existing units determined to be conforming by FLD2013- 08025. 6.1.6 Transient Use. Occupancy in the overnight accommodation units from the Hotel Density Reserve is limited to a term of less than one (1) month or thirty (30) consecutive days, whichever is less. No hotel unit in a hotel receiving units from the Hotel Density Reserve shall be used as a primary or permanent residence and each hotel unit shall be available to transient hotel guests. All hotel units shall be required to be submitted to a rental program requiring all hotel units to be available for members of the public as overnight hotel guests on a transient basis at all times. 6.1.7 Inspection of Records. Developer shall make available for inspection to the City its books and records pertaining to each Hotel Density Reserve unit upon reasonable notice to confirm compliance with these regulations as allowed by general law. 6.1.8 Limitation on Amplified Music. Developer agrees that there shall be no outdoor amplified music at the Project after 11:00 p.m. on Sunday through Thursday, or after 12:00 midnight on Friday and Saturday. 6.1.9 Public Facilities. Developer agrees to provide a cashier's check, a payment and performance bond, or a letter of credit in the amount of 115% of the estimated costs of the public facilities and services, if any, to be deposited with the City to secure construction of any new public facilities and services required to be constructed by this Agreement. Developer and City agree that there are no public facilities contemplated by this Agreement. 6.2 Obligations of the City. 6.2.1 The City shall promptly process site and construction plan applications for the Property that are consistent with the Comprehensive Plan and the Concept Plan and that meet the requirements of the Code. 6.2.2 The final effectiveness of the re- designations referenced in Section 6.2.1 is subject to: 6.2.2.1 The provisions of Chapters 163 and 166, Florida Statutes, as they may govern such amendments; and 5 6.2.2.2 The expiration of any appeal periods or, if an appeal is filed, the conclusion of such appeal. 6.2.3 The Project shall receive Sixty -Nine (69) units from the Hotel Density Reserve as defined in Beach by Design. Pursuant to section 6.1.5, in the event the Developer meets the conditions for the Termination of Nonconforming Status therefore vesting the existing density, the Developer shall return thirty (30) Hotel Density Reserve Units to the City. In no way shall this be construed as to permit density greater than 150 units per acre on the Property. SECTION 7. Public Facilities to Service Development. 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. With respect to transportation and other public infrastructure and services subject to concurrency requirements, all applicable concurrency provisions for the proposed development have been met, including the Metropolitan Planning Organization concurrency management. 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 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. SECTION 8. Required 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. 6 SECTION 9. Consistency. The City finds that development of the Property is consistent with the terms 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, 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 ten (10) years after the date of this Agreement, the Property shall not be subject to down- zoning, unit density reduction, 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. Compliance 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. 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: Ted and Maria Lenart, Trustees of the Lenart Family Trust, u/t/d/ December 20, 1991 8556 W. Winnemac, Noridge Chicago, IL 60656 7 With Copy to: Katherine E. Cole, Esq. Hill Ward Henderson 311 Park Place, Suite 240 Clearwater, FL 33759 If to City: City of Clearwater, City Attorney ATTN: Pamela Akin, Esq. 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: 14.1.1 Prior to the Commencement Date, the Developer may sell, convey, assign or otherwise dispose of any or all of its right, title, interest and obligations in and to the Project, or any part thereof, only with 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 sale, conveyance, assignment or other disposition. 14.1.2 If the assignee of the Developer's right, title, interest and obligations in and to the Project, or any part thereof assumes all of the Developer's obligations hereunder for the Project, or that part subject to such sale, conveyance, assignment or other disposition, then the Developer shall be released from all such obligations hereunder which have been so assumed by the assignee, and the City agrees to execute an instrument evidencing such release, which shall be in recordable form. 14.1.3 An assignment of the Project, or any part thereof, by the Developer to any corporation, limited partnership, limited liability company, general partnership, or joint venture, in which the Developer (or an entity under common control with Developer) has either the controlling interest or through a joint venture or other arrangement shares equal management rights and maintains such controlling interest or equal management rights shall not be deemed an assignment or transfer subject to any restriction on or approvals of assignments or transfers imposed by this Agreement, provided, however, that notice of such assignment shall be given by the Developer to the City not less than thirty (30) days prior to 8 such assignment being effective and the assignee shall be bound by the terms of this Agreement to the same extent as would the Developer in the absence of such assignment. 14.1.4 No assignee, purchaser, sublessee or acquirer of all or any part of the Developer's rights and obligations with respect to any one Parcel shall in any way be obligated or responsible for any of the Developer's obligations with respect to any other Parcel by virtue of this Agreement unless and until such assignee, purchaser, sublessee or acquire has expressly assumed the Developer's such other obligations. 14.1.5 Notwithstanding any other provision of this paragraph, the sale of individual Interval Ownership Units in the ordinary course of business shall not be subject to the requirements of this paragraph. 14.2 Successors and Assigns. The terms herein contained shall bind and inure to the benefit of the City, and its successors and assigns, and the Developer and, as applicable to the parties comprising Developer, their personal representatives, trustees, heirs, successors and assigns, except as may otherwise be specifically provided herein. SECTION 15. Minor Non - Compliance. The Developer will not be deemed to have failed to comply with the terms of this Agreement in the event such noncompliance, in the judgment of the City Manager, reasonably exercised, is of a minor or inconsequential nature. SECTION 16. Covenant of Cooperation. 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. Approvals. 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. Completion of Agreement. Upon the completion of performance of this Agreement or its revocation or termination, a statement evidencing such completion, revocation or termination shall 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 Exhibits 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 9 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 Invalidity. 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 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, 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 shall be applicable to the Property, and such modifications are specifically anticipated in this Agreement. SECTION 23. Governing 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. Counterparts. 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, the Developer, and the Association so long as the amendment meets the requirements of the Act, applicable City ordinances, and Florida law. [Signature Pages to Follow] 10 [Signature Page for Hotel Density Reserve Development Agreement] IN WITNESS WHEREOF, the parties have hereto executed this Agreement the date and year first above written. In the Presence of: Lenart Family Trust, u/t/d December 20, 1991 r a/ Maria Lenart, Co- Trustee Print Name —0 60e, C‘ck-orl 1 f Print Name ,4' j'?z { , k k Print Name Print Name As to "Developer" STATE OF FLORIDA COUNTY OF PINELLAS Maria Lenart, Successo Trustee t Ted Lenart The foregoing instrument was acknowledged before me this al-I4 day of ��L , 2013, by Maria Lenart, Co- Trustee, Lenart Family Trust, u/t/d December 20, 1991 and Maria Lenart, Successor Trustee to Ted Lenart, , who is [ ] personally known to me or has [ ] produced a "OFFICIAL SEAL" ANGELINE M. TERRANA Notary Public, State of Illinois My Commission Expires 08 -02 -14 Notary Public Print Name f,A /• e ///v-e_ tvl. 1 € A/t4 My Commission Expires: 0 s7 11 CITY OF CLEARWATER, FLORIDA William B. Horne II, City Manager By: Attest: �( a112- 'Rosemarie Call, City Clerk Countersigned: CWg1 4 (rt\-( k45 George N. Cretekos, Mayor Approved as to Form: #0 // eshe K. Dougall -Sid: s Assistant City Attorney STATE OF FLORIDA COUNTY OF PINELLAS foregoing instrument was acknowledged before me this day of �� , 2013, by GEORGE N. CRETEKOS, as Mayor of the City of Clearwater, Florida, who is [ —J personally known to me or has [ ] produced STATE OF FLORIDA COUNTY OF PINELLAS The foregoing instrument was , 2013, by City of Clearwater, Florida, who is produced SANDRA HARRIGER NOTARY PUBLIC STATE OF FLORIDA Comm# EE142238 l xpirei 1 /4i tgjg Notary Public Print Name: z✓ - 2Z /1/ 4Cf14 4.0--C My Commission Ex S-, \vz,-h 40 acknowledged before me_ Ais 34' day of ,'ty Manager of the ] personally known to me or who has [ ] as identification. ° Notary Public State of Florida Patricia A Kufigowski My Commission FF 044265 of ,otiw Expires 10/20/2017 Notary Public Print Name: Commission Expires: 12 EXHIBIT "A" Legal Description Lots 6 and 7, Block C, BAYSIDE SUBDIVISION NO. 5, according to the plat thereof, as recorded in Plat Book 38, Page 38, of the Public Records of Pinellas County, Florida. 13 EXHIBIT "B" Conceptual Site Plan 14 Area Breakdown by Floor Floor Usage Area (Square feet) 1 Parking Garage 14,991 2 Parking Garage 16,787 3 Parking Garage 15,573 4 Parking Garage 15,573 5 Parking Garage 15,573 Total Garage Area 78,497 6 Hotel Lobby Level Total A/C Space 14,172 •Caf €/ Breakfast Area 1,083 •Pantry/ Kitchen /Food Storage 476 •Employee Break Room 92 •Laundry 416 •Office / Admin/ Front Desk & Lobby 594 •Hotel Rooms 11,511 7 Hotel Room Level •Hotel Rooms 13,366 •Sales Office 322 8 Hotel room Level 13,366 9 Hotel room Level 12,252 •Fitness 322 10 Hotel room Level 12,252 •Business Center 322 Total Hotel Room Area 65,408 Total AproxlmateArea 143,905 Useable Area Breakdown by Percenta e of Whole %of Area Usage 54.5010 Parking Garage 42.9036 Hotel Room 1.40% Hotel Support 1.0036 Hotel Restaurant 0.20% Misc: Circ., Stor., Jan., Public Restrooms,Mech., etc. Parking Count Gulfview Hotel 103 Rooms 1 Parking Spaces per room 1.2 spaces /rm X 103 Rooms = 124 Spaces Required Garage Parking Provided 126 Spaces Surface Parking Provided 1 Loading space Total Provided 126 Spaces HC Spaces Required: 5for 101- 150 total spaces HC Spaces Provided: 5 Provided HEP •RD ICDI 4`r nWR¢IS. P ARRWGrM.: Ila CARP PROVIDED: 12.1 WO REQUIRED 6.10. WOO REQUIRED ROOMS OSA UT S ACCESSORY RESTAURANT USr. PROPOSED sus PLOP. 67.51 MORO HT PROM R.f.E. • 91 Y TA. POOP S4R Ft RE H PTO S IN ARCHITECTURAL CONCEPTUAL SITE PLAN SCALE: 1/32" = 1' -0" AUG. 30, 2013 SUMBITTAL FOR DVA TED LENART AND MARIA LENART, TRUSTEES OF LENART FAMILY TRUST UTD ce a 0 c wt" Z 00 625 Gulfview Blvd. GULFVIE C t [ 'NOTE 6 a r 44 Clearwater Beach, FL Santiesteban t Associates ARCHITECTS4. 815 S. Howard Ave. Tampa, FL 33606 Phors . 013.251.10E4 Fax: 813,253.0110 www.Saa •Arc.com SHEET A10.01 a GENERAL NOTES: GARAGE IS AN OPEN GARAGE WITH 20% OPEN 0 10' -0" MINIMUM SETBACKS FROM PROPERTY LINE 0 0 0 0 0 0 0 10 11 12 13 14 15 KEY NOTES: PAINTED STUCCO TYP. DECORATIVE STUCCO, PAINTED PAINTED ALUMINUM FRAMES- NO GLAZING TYP. @ PARKING GARAGE ALUMINUM TRELLIS CONCRETE FLAT TILE ROOF ALUMINUM CANOPY GLAZING TYP. SLIDING GLASS DOOR SPANDREL GLASS FALSE WINDOW ALUMINUM PICKET RAIL PARKING GARAGE ENTRY FUTURE HAMPTON INN FUTURE SHEPHARD'S STUCCO TRIM BAND DECORATIVE BRACKET, TRIM COLOR. Percentage of Architectural Decoration Per Elevation Building Elevation Total Square Footage Shown on Elevation Total Square Footage of Architectural Decoration/ Windows Percentage of Elevation As Architectural Decoration/ Windows North 10,661 6,773 63.53% East 18,453 11,080 60.04% South 10,557 6,710 63.56% West 18,398 11,533 62.69% ••Architectural Decoration and windows includes: Glazing, sliding glass doors and non - glazed window openings with their respective trim pieces; Awnings, Trim Bands, Trellises, Standing Seam Metal roofs, Decorative Roof and Awning Brackets, Decorative Mechanical Enclosure, Decorative Metal Sc eens, Louvered Openings, Bahama Shutters, Decorative Stucco and Balcony Railings. NORTH ELEVATION SCALE: 1/32" = 1' -0" OVERALL HEIGHT OF ELEVATOR ID POINT OF MA I SAM T.O. ROOF SLAB 136" 0TH FLOOR 6'-8' 9TH FLOOR ei6T -0 8TH FLOOR sT. 7r/1 FLOOR 41VFLOOR FLOOR JT -8" 5TH FLOOR +288" ITH FLOOR 9'8' 3RD FLOOR 2N0'-B D FLOOR + Sy •13' VE -{y�}P T FIRST FLOOR i- (.7.6" SITE ELEV) 0 MI MI MEN MI MI MI 0 U„1I1„111I•„ 1111110 qI 1111 III Il ail 1111 114 1111111 0 0 /01111/1 1111111' 1 �Idlll M r NE ■,.. 11I1,0 dIVIIII 11111,, iI11' 11 'ilI'tlI,II 1�1 ION 1111 11111111 MIN II I II Irs�11I I'I I 1 I„■ 1111ui 11111° IOWE n 111111 1111 mill 111'111 I„■ ■■u11111 ■ ■II 111111P 41111111 HO 111111 1111 11111 11j 1j i1- 111111 1111 11 1111 ... „■ 1111 11.1 11111 ■■■ ■■uI I IU II 1111 IIIU 1111 11 x11111111 Imo we 0 aim. ® ®1 , Eli 0 1.1 1.1 111 111 MUM 1.1 111 1.1 111 1 ■1 1.1 1.I 1.1 I1I 1■ 1.1 1U1 1.1 IBM 111111 111111 r 111 111 111 I ■I L1 1.1 1.1 1.1 \` 111111 1111111F 0 I ■II 1■i� 1� 111 ° 1•• �� 1'°��® 4' ti— L AUG. 30, 2013 SUMBITTAL FOR DVA TED LENART AND MARIA LENART, TRUSTEES OF LENART FAMILY TRUST UTD ce a 0 c WW Z 00 625 Gulfview Blvd. G LFVIE Cf1E TOTEClearwater Beach, FL t A ff AMU • Santiesteban a Associates A R C H I T E C T S C15 5. Howard Ave. Tampa. FL 33620 Ph0077 013.251.1884 Fan: 811.253,0110 www..Cwa- Arc.com SHEET A20.01 a GENERAL NOTES: O GARAGE IS AN OPEN GARAGE WITH 20% OPEN © 10' -0" MINIMUM SETBACKS FROM PROPERTY LINE KEY NOTES: O PAINTED STUCCO TYP. O DECORATIVE STUCCO, PAINTED O PAINTED ALUMINUM FRAMES- NO GLAZING TYP. @ PARKING GARAGE O ALUMINUM TRELLIS O CONCRETE FLAT TILE ROOF © ALUMINUM CANOPY O GLAZING TYP. ® SLIDING GLASS DOOR O SPANDREL GLASS FALSE WINDOW 10 ALUMINUM PICKET RAIL 11 PARKING GARAGE ENTRY 12 FUTURE HAMPTON INN • FUTURE SHEPHARD'S 14 STUCCO TRIM BAND 15 DECORATIVE BRACKET, TRIM COLOR. Percentage of Architectural Decoration Per Elevation Building Elevation Total Square Footage Shown on Elevation Total Square Footage of Architectural Decoration/ Windows Percentage of Elevation As Architectural Decoration/ Windows North 10,661 6,773 63.53% East 18453 11,080 60.04% South 10,557 6,710 63.5656 West 18,398 11,533 62.69% "Architectural Decoration and windows includes: Glazing, slidinggl ass doors and non - glazed window openings with their respective trim pieces; Awnings, Trim Bands, Trellises, Standing Seam Metal roofs, Decorative Roof and Awning Brackets, Decorative Mechanical Enclosure, Decorative Metal Screens, louvered Openings, Bahama Shutters, Decorative Stucco and Balcony Railings. EAST ELEVATION SCALE: 1/32" = 1' -0" OVERALL HEIGHT OF ELEVATOR MID POINT OF MANSARD Isom ■o■I ■em Nom ■s■I' 11, 1111111 '1111 11 Il1111111 1IIII 111,11 1111 1 01!Ilii11,1l II'IIIU 011111 1I1• ■I■I ■I■ ■■M MINI;; 01110 ,11111' 111 11 1111 11,11 HI, 111111 1111 MINI ■N■ ■ ■►m7 MINI;. 11 111 1111!Ilu 111 11 Jlllllii 11 1 111 111 ,01,011 ,1111,1 HI, 11 Ho, ,0 1111111, 1111111111 1111 1111 11111 011, Hod, 11111/11 ,1111 iui• •I• I■IU ME MI ■1.1. 1 ,1F, IIIIII I11IIIU_0 011 III! 11011 1111 111, 11 1,11IIII 19III1111 illu, T.O. ROOF SLAB 86'4 10Th FLOOR 76' -8" 9TH FLOOR 67 -0' BTH FLOOR 7TH FLOOR •1 111 111 1�1 1�1 1�1 I�1 1�1 1�1 1�1 Iii I�1 1�1 1�1 11 111 ; 111 111 111 111 111 111 ICI III 111 111 111 III 1.1 ICI ICI ICI ICI ICI ICI ICI 3 ICI I■I I ■I I ■I I ■I 1 ■I �I 1�1 1�1 I�1 1�1 ICI 1�1 1�1 1.1 I.1 1�1 1.1 1�1 1.1 o w t I'I n% IU ) PM IUI El 111 IUi II! UM MUM !Ii !Ii !Ii ■I 11118 6TH FLOOR 37 -8' 5TH FLOOR 28' -8" 8TH FLOOR 300 FLOOR 2ND FLOOR B.F.E. .13 VE FIRST FLOOR 1 +7.6' SITE ELEV) AUG. 30, 2013 SUMBITTAL FOR DVA TED LENART AND MARIA LENART, TRUSTEES OF LENART FAMILY TRUST UTD a 0 ww 00 625 Gutfview Blvd. GU LFVIEWHOTE 1 t 6 t r 0 t: x 0 64 Clearwater Beach, FL Santiesteban a Associates A RC H I T E C T S 815 S. Howard Ave. Tampa, FL 33616 Phone: 813.251,1864 Fax. 813.253.0130 a- Arc:com SHEET A20.02a GENERAL NOTES: O GARAGE IS AN OPEN GARAGE WITH 20% OPEN © 10' -0" MINIMUM SETBACKS FROM PROPERTY LINE KEY NOTES: iO PAINTED STUCCO TYP. O DECORATIVE STUCCO, PAINTED ® PAINTED ALUMINUM FRAMES- NO GLAZING TYP. PARKING GARAGE ® ALUMINUM TRELLIS O CONCRETE FLAT TILE ROOF © ALUMINUM CANOPY O GLAZING TYP. ® SLIDING GLASS DOOR 0 SPANDREL GLASS FALSE WINDOW 10 ALUMINUM PICKET RAIL 11 PARKING GARAGE ENTRY 12 FUTURE HAMPTON INN 13 FUTURE SHEPHARD'S 14 STUCCO TRIM BAND 15 DECORATIVE BRACKET, TRIM COLOR. Percentage of Architectural Decoration Per Elevation Building Elevation Total Square Footage Shown on Elevation Total Square Footage of Architectural Decoration/ Windows Percentage of Elevation As Architectural Decoration/ Windows North 10,661 6,773 63.53% East 18,453 11,080 60.0456 South 10,557 6,710 63.56% West 18,398 11,533 62.699.6 " "Architectural Decoration and windows includes: Glazing, slidinggl ss doors and non - glazed window openings with their respective trim pieces; Awnings, Trim Bands, Trellises, Standing Seam Metal roofs, Decorative Roof and Awning Brackets, Decorative Mechanical Enclosure, Decorative Metal Screens, Louvered Openings, Bahama Shutters, Decorative Stucco and Balcony Railings. SOUTH ELEVATION SCALE: 1/32" = 1' -0" OVERALL HEIGHT OF ELEVATOR ID P0187 OF MANSARD 7T9-0 - .O.ROOF5168 ® I oll!I 1I 11o!v ® EMIR ■ ■!m7 11 II. 11111 IIII'Il.n111V11111 �1,-. ab' -e• r �' 10TH FLOOR= 9TH FLOOR a7 -o' 8TH FLOOR 457.4' 701 FLOOR 6TH FLOOR 17.8' 5TH FLOOR 9'8• 3RD FLOOR — T 1N0 FLOOR 5'-b" B.F.E. .. �13'VE -*n -v 6057 FLOOR 177-6' SITE ELEV) '❑Illhloi •1 ■1� 1 IU III'Illhl' 1111111111111B.,111111I111 111111.= 1111 111110,11111k ,1111111 1111 11.:- :111'111. 1E111 0 1111 II ,111111 I I'li,.illl II11 1III10 r•a111 J'I _- 111•11•111111111E OMNI Ilicdll111111, 11111 11144.111!11' IV © ■■ ■II ■■•I ■1■III■■.•11 m 111111 tl III 11, 11 111 I I' +I 11111111 HI 1.111 1 I HD [11111 111111111r,11 1 l .- -..... ■■■ 1 11•1111111111111•11111 I111 .q1 , IG_1I glp '11111. 4111111 iI iiI iiIIiII �.. ® mIII 41111',1111[111111111111111illi1111. 111If11111 11111111111111111' 11111111111 1111111 II 1111IIJI'111111 a 11 111111111111111 11111111 AUG. 30, 2013 SUMBITTAL FOR DVA TED LENART AND MARIA LENART, TRUSTEES OF LENART FAMILY TRUST UTD a ,2 w 0 625 Gulfview Blvd. GULFVIEWHOTE L Clearwater Beach, FL N 01-k '3 et .0 14 Santiesteban a Associates ANAIRA C T 5 813 S. hioC ward H AvI T e. Tampa E Pt. 33fiG6 14100e: 813.251.1804 1803 813.253.0110 www.Saa.Arc.com SHEET A20.03a Percentage of Architectural Decoration Per Elevation Building Elevation Total Square Footage Shown on Elevation Total Square Footage of Architectural Decoration/ Windows Percentage of Elevation As Architectural Decoration/ Windows North 10,661 6,773 63.53% East 18,453 11,080 60.04% South 10,557 6,710 63.56% West 18,398 11,533 62.69% L'Architectural Decoration and windows includes :Glazing, sliding gl ss doors and non- glazed window openings with their respective trim pieces; Awnings, Trim Bands, Trellises, Standing Seam Metal roofs, Decorative Roof and Awning Brackets, Decorative Mechanical Enclosure, Decorative Metal Screens, Louvered Openings, Bahama Shutters, Decorative Stucco and Balcony Railings. GENERAL NOTES: O GARAGE I5 AN OPEN GARAGE WITH 20% OPEN BO 10' -0" MINIMUM SETBACKS FROM PROPERTY LINE KEY NOTES: O PAINTED STUCCO TYP. O DECORATIVE STUCCO, PAINTED O PAINTED ALUMINUM FRAMES -NO GLAZING TYP. @ PARKING GARAGE O ALUMINUM TRELLIS O CONCRETE FLAT TILE ROOF O ALUMINUM CANOPY O GLAZING TYP. • SLIDING GLASS DOOR 0 SPANDREL GLASS FALSE WINDOW 10 ALUMINUM PICKET RAIL 11 PARKING GARAGE ENTRY 12 FUTURE HAMPTON INN 13 FUTURE SHEPHARD'S 14 STUCCO TRIM BAND 15 DECORATIVE BRACKET, TRIM COLOR. WEST ELEVATION SCALE: 1/32" = 1' -0" OVERALL HEIGHT OF ELEVATOR POINT OF MANSARD -497T.O. 0 ROOF sue ▪ 86'-4' 10TH FLOOR 4- 76 9. -8• TH FLOOR 6- 8TTH 0' FLOOR 57'-4 7TH FLOOR 46' -8' 6TH FLOOR 77-8' 5TH FLOOR ▪ 18'-8” 4TH FLOOR 0,8- 3RDFLOOR 2▪ OND .8' FLOOR VE 0'o• FIRST FLOOR (.T.6' SITE ELEV) 0 111!1l -- II11i11% ELI ■■ 1 „II 0g'1111 11 Idl . ■N 111111 111:1110 VIII INIM I III II iilVl IN1■ 111111 II 111 11111 111111 8 11111 111 0 Ill lli6 m 11111 I II ■11111 MIN 11 1 11 11111111 11E7 1UJIII'111! ■1M 1,11 1111�II 11 40) 1111111 1111 I ':I 1 MINI I,IU 8111111 ■N ■I I I (111 II MINI 10 l®—. .._Ff��,I�,{I._....._.____ —r_ Intl-- IrjI.. 01 111111 II 111', II I I, U II,IIGih BIM u IIh1Jll' VIII II 11 III I,I,II'. I11M 111111 11111 ® O 1111 11 11,1 . 11, SICIII ■■ 11 1, NIB 11111 I ■I■ 1111 INI• II 111 I',I I roullimatfi .■ 1111 111, ,11 I I U 11 J''11 ■■ 1111111 8,!,!111 II 1 �1 1� �1 1� •l li .1 1� �1 1� 1 1 1� �1 1�1 1111 1111 111111!! ! 1111 1 111 ■■III ■I I■ ■II © ■I I■ I II■ 1 ■1 1• m1 1� 1 1 �1 11 1 1 1■ �� : , 1 1 1 I I I —•• MEM I I I I I I I I I IL 1111 .111 .I!!I 11 !I MN= II III .1! 11 . !I. III !1! 111 111 AUG. 30, 2013 SUMBITTAL FOR DVA TED LENART AND MARIA LENART, TRUSTEES OF LENART FAMILY TRUST UTD a o w= 00 625 Gulfview Blvd. FVI 17197 1 Clearwater Beach, FL Santiesteban . Associates ANK Aim 8A R C H I T m C T56 815 S. Howard Ave. Tampa, FL 33516 P1100, 813.251.1864 Fax: 813.253.0110 www.Saa Arc.com SHEET A20.04a MAXIMUM BUILDING ENVELOPE 45' TO 100' WITHIN SETBACKS /PROPERTY LINE - 1,208,625 CUBIC FEET ALLOWABLE BUILDING ENVELOPE ABOVE 45' = 1,208,625 C.F. x .70 = 846,038 CUBIC FEET PROPOSED BUILDING ENVELOPE ABOVE 45' = "NOTE: ONLY MAIN BUILDING MASS TAKEN INTO CONSIDERATION, CANOPIES ft SHADE STRUCTURES AND BALCONIES NOT INCLUDED. 00..11' ABOVE FLOOD a. ENCLOSURE/ ELEVATOR NT. T TCP OF ROOF 5116 -J_ ..�� • '. TOTAL AVAILABLE BUILDING ENVELOPE ABOVE 45' I'$ 665,727 CUBIC FEET 55.1% OF THEORETICAL BUILDING ENVELOPE i IF ' • NG- S.ABF E.45 100.14 ABOVE EL000 PLANE CT. ENCLOSUREMARRA , 7 HT. Jw44EUILL000nNfT_+ 1 MA%WUMB000306 HEIGHT ____1_�_____- _- T OP OF ROOF O SLAB V EA -RV SOW Or -ON -. NORTH / SOUTH AXIS BUILDING ENVELOPE EAST / WEST AXIS 1 r 0 0 ■R0• AUG. 30, 2013 SUMBITTAL FOR DVA TED LENART AND MARIA LENART, TRUSTEES OF LENART FAMILY TRUST UTD 0. o s z 00 625 Gulfview Blvd. 4 GU FV1EWHOTE L al .a Clearwater Beach, FL Santiesteban a Associates A R C H 1 T E CTS SI5 S. Howard Ave. Tampa, FL 33606 wne: 813.251.IB64 1a0: x13.253.0110 ',Saa.Arccoro SHEET A20.05a EXHIBIT "C" COVENANT REGARDING HURRICANE EVACUATION And DEVELOPMENT, USE AND OPERATION DECLARATION OF COVENANTS AND RESTRICTIONS THIS DECLARATION OF COVENANTS AND RESTRICTIONS ( "Declaration ") is made as of the day of , 2013, by Ted Lenart and Maria Lenart, Trustees of the Lenart Family Trust utd December 20, 1991 ( "Developer "). Developer is the owner of fee simple title to the real property described in Schedule 1 attached hereto and made a part hereof (hereinafter, the ( "Real Property "). The City of Clearwater, Florida (the "City "), has amended it's Comprehensive Plan to designate Clearwater Beach as a Community Redevelopment District pursuant to the Pinellas County Planning Council Rules in order to implement the provisions of Beach by Design, a plan for the revitalization of Clearwater Beach. The designation of Clearwater Beach as a Community Redevelopment District (the "Designation ") provides for the allocation of Hotel Density Reserve Units as an incentive for the development of mid -size quality hotels. Pursuant to the Designation, the allocation of Hotel Density Reserve Units is subject to compliance with a series of performance standards, including a requirement that resorts containing a hotel developed with Hotel Density Reserve Units shall be closed and all Guests evacuated from such resorts as soon as practicable after the National Hurricane Center posts a hurricane watch that includes Clearwater Beach. The purpose of such evacuation is to ensure that such a Resort Hotel is evacuated in advance of the period of time when a hurricane evacuation would be expected in advance of the approach of hurricane force winds. The City has granted, by City Council Resolution , passed and approved on , 2013, Developer's application for Hotel Density Reserve Units pursuant to the Designation, subject to Developer's compliance with the requirements of the Designation. Developer desires for itself, and its successors and assigns, as owner, to establish certain rights, duties, obligations and responsibilities with respect to the use and operation of the Real Property in accordance with the terms and conditions of the allocation of the Hotel Density Reserve Units to the City and the Designation, which rights, duties, obligations and responsibilities shall be binding on any and all successors and assigns and will run with the title to the Real Property. THEREFORE, in consideration of the covenants and restrictions herein set forth and to be observed and performed, and in further consideration of the allocation of Hotel Density Reserve Units to Developer, and other good and valuable consideration, the sufficiency of which is hereby acknowledged, Developer hereby declares, covenants and agrees as follows: 1. Benefit and Enforcement. These covenants and restrictions are made for the benefit of Developer and its successors and assigns and shall be enforceable by them and also for 15 the benefit of the residents of the City and shall be enforceable on behalf of said residents by the City Council of the City. 2. Covenant of Development, Use and Operation. Developer hereby covenants and agrees to the development, use and operation of the Real Property in accordance with the provisions of this Declaration. 2.1 Use. The use of the resort on the Real Property is restricted as follows: 2.1.1 A minimum of sixty -nine units, which is the number of hotel units allocated to Developer, shall be used solely for transient occupancy of one month or thirty (30) consecutive days or less, must be licensed as a public lodging establishment and classified as a hotel, and must be operated by a single licensed operator of the hotel. No such hotel unit shall be used as a primary or permanent residence. 2.1.2 All other units shall be licensed as a public lodging establishment. No unit shall be used as a primary or permanent residence. 2.1.3 As used herein, the terms "transient occupancy," "public lodging establishment," "hotel," "time share," and "operator" shall have the meaning given to such terms in Chapter 509, Part I, Florida Statutes (2012). 2.2 Closure of Improvements and Evacuation. The Hotel developed on the Real Property shall be closed as soon as practicable upon the issuance of a hurricane watch by the National Hurricane Center, which hurricane watch includes Clearwater Beach, and all Hotel guests, visitors and employees other than emergency and security personnel required to protect the resort, shall be evacuated from the Hotel as soon as practicable following the issuance of said hurricane watch. In the event that the National Hurricane Center shall modify the, terminology employed to warn of the approach of hurricane force winds, the closure and evacuation provisions of this Declaration shall be governed by the level of warning employed by the National Hurricane Center which precedes the issuance of a forecast of probable landfall in order to ensure that the guests, visitors and employees will be evacuated in advance of the issuance of a forecast of probable landfall. 3 Effective Date. This Declaration shall become effective upon issuance of all building permits required to build the project ( "Project ") and Developer's commencement of construction of the Project, as evidence by a Notice of Commencement for the Project. This Declaration shall expire and terminate automatically if and when the allocation of Reserve Units to the Developer expires or is terminated. 4 Governing Law. This Declaration shall be construed in accordance with and governed by the laws of the State of Florida. 5 Recording. This Declaration shall be recorded in the chain of title of the Real Property with the Clerk of the Courts of Pinellas County, Florida. 16 6 Attorneys' Fees. Developer shall reimburse the City for any expenses, including reasonable attorneys' fees, which are incurred by the City in the event that the City determines that it is necessary and appropriate to seek judicial enforcement of this Declaration and the City obtains relief, whether by agreement of the parties or through order of a court of competent jurisdiction. 7 Severability. If any provision, or part thereof, of this Declaration or the application of this Declaration to any person or circumstance will be or is declared to any extent to e invalid or unenforceable, the remainder of this Declaration, or the application of such provision or portion thereof to any person or circumstance, shall not be affected thereby, and each and every other provision of this Declaration shall be valid and enforceable to the fullest extent permitted by law. In the Presence of: Lenart Family Trust, u/t/d December 20, 1991 Print Name Maria Lenart, co- Trustee Print Name Print Name Maria Lenart, Successor Trustee to Ted Lenart Print Name As to "Developer" STATE OF COUNTY OF The foregoing instrument was acknowledged before me this day of , 2013, by Maria Lenart, co- Trustee, Lenart Family Trust, u/t /d December 20, 1991 and Maria Lenart, Successor Trustee to Ted Lneart, who is [ ] personally known to me or has [ ] produced as identification. Notary Public Print Name: My Commission Expires: 17 STATE OF FLORIDA COUNTY OF PINELLAS Th: foregoing instrument was , 2013, by GEORGE N. [ ✓] personally as F orida, who is STATE OF FLORIDA COUNTY OF PINELLAS CITY OF CLEARWATER, FLORIDA By: William B. Horne II, City Manager At est: n ail utilta4 4.1_, Rosemarie Call, City Clerk Countersigned: «Athos George N. Cretekos, Mayor Appoved as to Form: Leslie K. Douga - Assistant City Attoni acknowledged before me this �a day of CRETEKOS, as Mayor of the City of Clearwater, known to me or has [ id tion. Notary Public Print Name: ] produced 47l ?Jrt My Commission Expires Notary Public State of Florida Patricia A Kuligowski j My Commission FF 044268 or Expires 10/20/2017 1l Vrr- 'r& it41''� The foregoing instrument was acknowledged before' me this day of I•lo .le , 2013, by ; as' City Manager of the City of Clearwater, Florida, who is [ ✓] personally known to me or who has [ ] produced as identification. SANDRA HARRIGER NOTARY PUBLIC STATE OF FLORIDA Comm# EE142238 Expires 1/4/2016 Notary Public Print Name: ` ;,r--NL re My Commission Expires: t141 ,-:, ∎0 18 EXHIBIT "D" COVENANT OF UNIFIED USE PLEASE RETURN RECORDED DOCUMENT TO: COVENANT OF UNIFIED USE THIS COVENANT OF UNIFIED USE (the "Agreement ") is executed this day of , 2013, by Ted Lenart and Maria Lenart, Trustees of the Lenart Family Trust, utd December 20, 1991 ( "Developer "). WITNESSETH: WHEREAS, Developer is the owner of the real property legally described on Schedule "A" attached hereto and incorporated herein by reference (the "Real Property "); and WHEREAS, Developer and the City of Clearwater, Florida (the "City ") are parties to that certain Development Agreement dated , 2013 (the "Development Agreement "), pursuant to which the City has agreed that Developer may develop and construct upon the Real Property a hotel project as described in the Development Agreement (the "Project "); and WHEREAS, Developer intends to develop and operate the Real Property for a unified use, as more particularly described in this Agreement. NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Developer does hereby agree that, effective as of the date on which Developer receives all permits required to construct the Project and Developer commences construction thereof, as evidenced by a Notice of Commencement for the Project, the Real Property shall be developed and operated as a hotel interval ownership project, as described in the Development Agreement. The restrictions set forth in the preceding sentence shall expire automatically when and if Developer's allocation of additional hotel units (as defined in the Development Agreement) expires or is terminated. Nothing in this Agreement shall require Developer to develop the Project or restrict Developer's ability to sell, assign, transfer or otherwise convey its right in and to the Real Property or any portion or portions thereof to unrelated third - parties. Developer agrees that the City shall have the right to enforce the terms and conditions of this Agreement. Notwithstanding the foregoing, all Hotel Units may be operated by a single hotel operator. 19 In the Presence of: Lenart Family Trust, u/t/d December 20, 1991 Print Name Maria Lenart, co- Trustee Print Name Print Name Maria Lenart, Successor Trustee to Ted Lenart Print Name As to "Developer" STATE OF COUNTY OF The foregoing instrument was acknowledged before me this day of , 2013, by Maria Lenart, co- Trustee, Lenart Family Trust, u/t/d December 20, 1991 and Maria Lenart, Successor Trustee to Ted Lneart, who is [ ] personally known to me or has [ ] produced as identification. Notary Public Print Name: My Commission Expires: 20 STATE OF FLORIDA COUNTY OF PINELLAS CITY OF CLEARWATER, FLORIDA /� William B. Horne II, ct City Manager By: Attest: Rosemarie Call, City Clerk Countersigned: C coy Q Cr.t 5 George N. Cretekos, Mayor ved as to Form: Leslie K. Dougall -Si Assistant City Attorney foregoing instrument was acknowledged before me this or-tA day of , 2013, by GEORGE N. CRETEKOS, as Mayor of the City of Clearwater, Florida, who is [ i/ ] personally known to me or has [ ] produced as ide ation. STATE OF FLORIDA COUNTY OF PINELLAS . /7 ,i 2 Notary Public Print Name: rq /�. My Commission Expires: \‘ am. 44) The foregoing instrument was acknowledged r r-YN , 2013, by ,. Clearwater, Florida, who is [ ✓] personally known to as identification. apt l'' SANDRA HARRIGER crf, " NOTARY PUBLIC ;�l'r STATE OF FLORIDA r� +.,.. Comm# EE142238 `I'CE 191 Expires 1/4/2016 4660336v4 Notary Public State of Florida Patricia A Kuligowski " e Commission 17 044268 E pires 20 before rme tits Oaf day of , '; as LCity Manager of the City of me or who has [ ] produced Notary Public Print Name: '5 a`Q&+rn My Commission Expires: I 21