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14-08RESOLUTION NO. 14 -08 A RESOLUTION OF THE CITY OF CLEARWATER, FLORIDA APPROVING A FIRST AMENDMENT TO DEVELOPMENT AGREEMENT BETWEEN THE CITY OF CLEARWATER AND CLEARWATER GRANDE HOLDINGS, LLC..; PROVIDING AN EFFECTIVE DATE. WHEREAS, on August 8, 2013, the City of Clearwater entered into a Development Agreement with Clearwater Grande Holdings, LLC; and WHEREAS, the City of Clearwater and Clearwater Grande Holdings, LLC are desirous of amending that development agreement; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section1. The First Amendment to Development Agreement between the City of Clearwater and Clearwater Grande, LLC., a copy of which is attached as Exhibit "A," is hereby approved. Section 2. This resolution shall take effect immediately upon adoption. Section 3. The City Clerk is directed to submit a recorded copy of the First Amendment to Development Agreement to the state land planning agency no later than fourteen (14) days after the First Amendment to Development Agreement is recorded. PASSED AND ADOPTED this I (o day of Arpr i ( , 2014. George N. Cretekos Mayor Approved as to form: Attest: Leslie K. Do I -Sides City Attorney Rosemarie Call City Clerk Resolution No. 14 -08 Return to: City Attorney's Office City of Clearwater 112 S Osceola Ave Clearwater, F1, 33756 First Amendment to f)evelopment Agreement THIS FIRST AMENDMENT to DEVELOPMENT AGREEMENT ("First Amendment") is dated the 15 th day of May, 2014 and entered into between Clearwater Grande Holdings LLC, a Florida limited liability company ('‘Developer ): its successors and assigns, and the CITY OF CI,EAR \WATER, FLORIDA, a municipality of the State of Florida acting though 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; 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, the City and Developer entered into a Development Agreement dated August 8, 2013 and recorded at Official Records Book 18118, Page 691 in the public records of Pinellas County C`Development Agreement"); WHEREAS, Beach hr Design proposed additional hotel units to equalize developnient 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 Density Reserve' i available to be made avalable for such mid-sized hotel projects: and WHEREAS, the Development Agreement provided eighty (80) units from the Hotel Density Reserve to the Developer to be utilized on 1.43755 acres of real property (as described in the Development Agreement as -Property"); and, WIIEREAS. maximum density permitted on the Property, pursuant to Beach by Design, is 150 units per acre; and. WHEREAS, the Developer requests an additional ten (10) units from the Hotel Density Reserve to increase the number of units from the Hotel Density Reserve to ninety (90) and provide for 181 total overnight aeconimodations on the Property: and, WHEREAS. upon completion of the project contemplated in the Development existing 91 as .amended by this First oAmeendmr Amendment, the existing hotel contain its hotel will ng otel units and the new planned h contain 90 units for a total of 181 bo)y,eprnesigighn H overnight accommodations, mmodations, which ninety (90) units from the available Beach Hotel Density Reserve ("Amended Project"); and WHEREAS. the City has conducted such hearings as are required by and in accordance with Chapter 163.3220 Fla. Stat. (2011) and any other applicable law; and WHEREAS, the City has determined that, as of the Effective Date of this First Amendment, 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 §§ 4-206 and 4- 606 of the Community Development Code; and WHEREAS, at a duly called public meeting on April 16, 2014 the City Council approved this First Amendment and authorized and directed its execution by the appropriate officials of the City; and WHEREAS, the Community Development Board approved the design and site plan associated with the Agreement pursuant to FLD2011-05019, as modified through the minor amendment process on February 25, 2014 ("Site Plan"); WHEREAS, the Owner has requested approval of a further modified design in contemplation of the additional ten (10) units pursuant to FI,D2014-03007; and, WHEREAS. Developer has approved this First Amendment and duly authorized certain individuals to execute this Agreement on Developer's behalf, STATEMENT OF AGREEMENT NOW THEREFORE, 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 with ., be legally bound and in accordance wtth the Act, agree as follows: SECTION 1. Recitals. The above recitals arc 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. Number of Hotel Density Reserve ' Units Allocated. Notwithstanding anything contained in the Development Agreement to the contrary, section 6.1.5 and all references to the number of units allocated by the City pursuant to the Hotel Density Reserve in the Development Agreement and its attachments shall be amended to ninety (90) units and all references to the total number of units on the Property shall be amended to one hundred eighty one (181) units. bllov SECTION 4. Pam. Section 4.2 shall be deleted and replaced to read as The Project shall include 21$ parking spaces, as defined' in the Community Development Code, of which /11 will be provided by a parking garage with 7 additional surface spaces being provided adjacent to the parkin ;garage. The parking garage, its accesses, and the surface spices will be shared with the existing adjacent Quality Hotel site and contains'sufficientyarking for both hotels. (See 6.1.4) SECTION 5. Approvals. Notwithstanding anything to the contrary contained in the Development Agreement, including section 6.1.3.2, the Owner shall receive site plan approval for the Amended Project within one year of the effective date of this First nendment. SECTION 6. Ratification. ' Except as specifically modified herein, all terms, conditions and obligations contained in the Development Agreement shall, retain in full force and effect and are reaffirmed by the parties hereto. IN WITNESS WHEREOF, Developer has caused this First Amendment to be ecuted, this day of May, 2014. In the Presence of Name: Print Name: t As to Developer Clea e aide Holdings, ',LC Stephen Page, as Manager /Member CITY OF CLEARWATER, FLORIDA Print Name: William B. Horne II City Manager Print Name: As to "City" Rosemarie Call, City Clerk Georae N. Cretekos, Mayor Leslie K. Dougall -Si e Assistant City Atto �r STATE OF FLORIDA COUNTY OF PINELLAS The foregoing, instrument was ackno d ;ed before me the ' " i ay of `April, 2 {114. b , S ,.. • n P . (Ye. as manager of Clearwater Grande Holdings, I..I C, a Florida limited lial ilit company. He is IA1 personally known to me or h' II produced as, identification. JANET . Kii4iEGEI Notary Public » ts4st R14 y Comm. EIS Jun 2 Cortiti N EE 174 NcU otar r Public riot Name:, Iy Con�nission Expires