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ANNEXATION AGREEMENT - GILBERT G JANNELLI AND EPOCH PROPERTIES INCKEN BURKE, CLERK OF COURT AND COMPTROLLER PINELLAS COUNTY, FL INST# 2022167141 05/26/2022 10:13 AM OFF REC BK: 22077 PG: 1071-1078 DocType:AGM RECORDING: $69.50 ANNEXATION AGREEMENT This Annexation Agreement (this "Agreement") is made and entered into this)1(-4 day of , 2022 (the "Effective Date") between the CITY OF CLEARWATER, FLORIDA, a m cipal corporation of the State of Florida, 600 Cleveland Street, Suite 600, Clearwater, Florida 33755 (the "City"), and GILBERT G. JANNELLI, an individual, 909 S. Fort Harrison Avenue, Clearwater, Florida 33756 ("Owner"), and EPOCH PROPERTIES, INC., a Florida for profit corporation, 359 Carolina Avenue, Suite #200, Winter Park, Florida 32789 ("Developer"). (The City, Owner, and Developer together hereinafter referred to as the "Parties") RECITALS: WHEREAS, Owner fully warrants that Owner holds fee simple title to the real property located in an unincorporated area of Pinellas County, Florida, and being more particularly described on Exhibit "A" (the "Property") which is attached hereto and made a part hereof; and WHEREAS, Owner is desirous that the Property be voluntarily annexed into the municipal boundaries of the City, and the City wishes to annex said Property; and WHEREAS, Owner intends to sell the Property to Developer and Developer intends to engage in the redevelopment of the Property; and WHEREAS, Owner is willing to execute a document pursuant to Ch. 171, Fla. Stat., (the "Petition") to facilitate the voluntary annexation of said Property in satisfaction of Ch. 171, Fla. Stat. AGREEMENT NOW, THEREFORE, in consideration of the mutual promises contained herein and other valuable considerations, receipt of which is hereby acknowledged, the Parties hereto agree as follows: 1. The foregoing recitals are true and correct and are incorporated herein and made a part hereof. 2. The Owner hereby warrants, covenants, and agrees as follows: a. Owner possesses fee simple title to the Property and, as such, has the full right and lawful authority to enter into this Agreement. b. Owner agrees not to request annexation of nor grant the right to annex the Property into any municipal corporation other than the City. 3. The City hereby covenants and agrees as follows: a. In consideration of the annexation of the Property into the City, the City shall cooperate in good faith with Owner and Developer to allow for the redevelopment of the Property, subject to final site plan approval. The City further agrees to 1 accept the two (2) existing billboards (the "Billboards") on the Property as nonconforming items, subject to the terms specified in Section 5 of this Agreement. b. Upon annexation, the City shall provide the Property with sanitary sewer and solid waste collection services. c. Owner, Owner's heirs, successors in interest, or assigns, and individuals legally dwelling or employed on the Property will be given the in -city rate for participation in any of the City's recreation programs. 4. The Parties agree that code liens and judicial remedies, including but not limited to mandamus, specific performance, foreclosure, or injunctive relief (either prohibitory or mandatory, both temporary or permanent) are appropriate remedies in the event of breach, whether actual or anticipatory, of this Agreement. In the event of any litigation arising out of this Agreement, the prevailing party shall be entitled to recover its costs, including reasonable attorney's fees. This section does not inhibit or in any way limit the City's right and ability to remove the Billboards under the conditions provided in Section 5(g) of this Agreement. Nothing in this Agreement shall inhibit or in any way limit Owner's legal remedies to challenge or contest any removal of the Billboards in a court of competent jurisdiction. 5. The Parties agree that upon the Property's annexation into the city limits, the Property "shall be subject to all laws, ordinances, and regulations in force in that municipality and shall be entitled to the same privileges and benefits as other parts of that municipality upon the effective date of the annexation." Florida Statute 171.062(1). Because the City's Community Development Code prohibit new billboards within the City, and because the City's comprehensive plan discourages visual clutter and prohibits the proliferation of billboards along arterial streets, the Parties agree to bring the Property into compliance with the City's Community Development Code and the City's comprehensive plan, under the following terms and conditions: a. The Billboards may not be moved or relocated to any other location within the City limits nor any other location on the Property that is within City limits, absent the adoption of a text amendment to the Community Development Code and an amendment to the City's comprehensive plan approved by the Clearwater City Council permitting such action. However, Owner or Developer shall be allowed to temporarily relocate the two existing Billboards to different locations on the Property in connection with the proposed redevelopment of the Property so long as the Owner or Developer, whoever holding legal authority to request the relocation, obtains any and all required development approvals, development permits, building permits, and any other necessary government approvals or permits to do so, such development approvals and permits shall not be unreasonably withheld by the City. Any and all billboards on the Property, including any temporarily relocated billboards under this sub -section, shall ultimately be removed from the Property when required by Section 5(g) of this Agreement. b. No new billboards may be constructed on the Property absent the adoption of a text amendment to the Community Development Code and an amendment to the City's 2 comprehensive plan approved by the Clearwater City Council permitting such action. c. Normal repair and maintenance, such as painting, cleaning, and repairing of the Billboards shall be performed. However, the Billboards shall be made to fully comply with the provisions of the Community Development Code and the Clearwater Code of Ordinances, where applicable, provided the cost of repair of the billboard or improvement at any time exceeds 50 percent (50%) of the assessed value of the entire billboard. Under these circumstances, full compliance with the Community Development Code would require the removal of a billboard being that Article 3, Division 18 of the Community Development Code prohibits billboards. However, this provision does not apply to the temporary relocation of the existing billboards provided for in Section 5.a. above. Assessed value shall be determined by reference to the official property tax assessment rolls for the year the billboard or improvement thereto is destroyed or damaged. d. The Billboards shall not be altered, enlarged or changed in any way that increases their nonconformity. The Billboards or improvements thereto may, however, be altered to decrease their nonconformity. e. Any part of either of the two existing Billboards which is destroyed or damaged to the extent of less than 50 percent (50%) of the assessed value of the entire billboard may be repaired or restored if a complete and legally sufficient application for all required permits to repair or restore the damage is submitted within six (6) months of the date of the damage. If either of the two Billboards is destroyed or damaged to 50 percent (50%) or more of the assessed value then the billboard may not be repaired or restored pursuant to the City's prohibition of billboards found under Article 3, Division 18 of the Community Development Code. Assessed value shall be determined by reference to the official property tax assessment rolls for the year the structure is destroyed or damaged. The extent of damage or destruction shall be determined by the City's building official by comparing the estimated cost of repairs or restoration with the assessed value. f. Subject to the limitations described in Section 4-601 and 4-603 of the Community Development Code, the Owner shall be entitled to apply at any time for a text amendment to the Community Development Code and an amendment to the City's comprehensive plan that would allow for the construction, relocation, or permanent use of the Billboards or new billboards. Nothing in this agreement shall require the City to amend the text of the Community Development Code or its comprehensive plan, but any request will be evaluated in good faith under the standards set forth in Section 4-601 and 4-603 respectively. g. In the absence of an approved text amendment to the Community Development Code and an amendment to the City's comprehensive plan, the Owner and Developer promise to remove all billboards from the Property by January 1, 2025, at no cost to the City. Furthermore, in the absence of such approved amendments, the City and its agents reserve the right to enter onto the Property at any time on or after January 1, 2025, to remove any and all billboards on site, and to record a lien against the Property for the cost and expenses associated with said removal in the Pinellas County Public Records. Alternatively, the City in its sole discretion may elect to enforce the provisions of Section 5(g) any time on or after January 3 1, 2025, through the remedies described in Section 4 of this Agreement. These remedies may be pursued against the person or entity owning the Property as of the date the code citation is issued or a judicial complaint is filed. In the event of a conflict between the requirements and limitations outlined in this agreement and those found within the Community Development Code or any prior agreement between the Owner and Developer, the requirements and limitations of this Agreement shall supersede and govern. 6. This Agreement shall be binding upon, and inure to the benefit of, the Parties and their respective heirs, successors, or assigns, and shall run with the land. This Agreement will be recorded in the Public Records of Pinellas County, Florida. 7. Nothing in this Agreement shall be construed as requiring the City, at its sole expense, to construct or install any sanitary sewer lines or other improvements of any kind upon the Property or extend such public improvements to service the Property. 8. The Parties agree that the laws of the State of Florida shall govern the interpretation, validity, and construction of the terms and provisions of this Agreement. If any term or provision of this Agreement is declared illegal or invalid for any reason by a court of competent jurisdiction, the remaining terms and provisions of this Agreement shall, nevertheless, remain in full force and effect. Proper venue for any action arising out of or relating to this agreement shall be in Pinellas County, Florida. 9. This Agreement embodies all agreements and representations of the Parties. There are no promises, terms, conditions, or allegations other than those contained herein; and this Agreement supersedes all previous communications, representations, and agreements, whether written or verbal, between the Parties. This Agreement may be modified only in writing and executed by all Parties. 10. This Agreement may be executed in one or more counterparts, each of which when executed and delivered, shall be an original, but all such counterparts shall constitute one and the same instrument. [ Signature Pages To Follow] 4 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed the day and year first above written. [OWNER'S SIGNATURE PAGE] OWNER: BERT G. JANNELLI STATE OF FL IDA 1 COUNTY OF lQ S The foregoing instrument was acknowledg this �-� day of personally known presence or online notarization, i l LA" (,j,A I who is b"c t .& as identification. My commission expires: (NOTARY SEAL) VALERIE A. SULECKI MY COMMISSION # HH 119922 ��- P `.= EXPIRES: April 21, 2025 ? 'C%PM1°Bonded Thor NPublic Underwriters before me .eavis of v physical , 2022, by to e or who produced 5 Notary Public Signature I u-' 1, -tet" , ( Sth Ck, Notary Public Print Name [DEVELOPER'S SIGNATURE PAGE] EPOCH PROPERTIES, INC., a Florida corporation By: off, Witness: Allyson iappa, Executive Vice President Print Name: STATE OF FLORIDA COUNTY OF ORA-Ncs atiriS itIrrhes The fore oing instrument was acknowledged before me by means of / physical presence or N/q online notarization, this /1 "I day of APRIL , 2022, by /ILLYSVN ClttAPpA , vice president of EPOCH PROPERTIES, INC. who is personally known to me or who produced NAI as identification. My commission expires: (NOTARY SEAL) OEM MARIE FONTENOT ► Hoary NbOc • State of Florida Commission 9 NN 039451 My Comm. Expires Sep 3, 2024 I Bonded through National Notary Mtn. 6 Zi4241 Notary Public S1?eitiL n Debra /r%rrie Ponte,1at Notary Public Print Name [CITY'S SIGNATURE PAGE] CITY OF CLEARWATER, FLORIDA, a Florida municipal corporation (the "City") K rank V. Hibbard Mayor Approved as to Form: Assistant City Attorney Jon P. Jennings City Manager Rosemarie Call City Clerk NOTARIZATION STATE OF FLORIDA COUNTY OF PINELLAS The foregoing instrument was acknowledged before me by means of ✓ physical presence or f online notarization, this ,290+ day of /Nay , 2022, by To►-► Je-inn ,-4 S , as CiI'Y1w,naer-' .gof the'ity of Clearwater, a Florida municipal corporation, on behalf of the City, who is ,/personally known to me or has produced as identification. My commission expires: (Nb��... •� SEAknmy L. Cummings ' : -. Comm .:HH 212538 �,ij �� Expires: Jan. 3, 2028 �i,.r,r„ "��"'\ Notary Public • State of Florida 7 Notary Pub Signature 1 1 a ill m j_.6.4vv y e s Notary Pubj Print Name c EXHIBIT A Legal Description of Property Parcel 1: 05-29-16-00000-320-0300 The South Four Hundred Nineteen feet (S. 419') of the West Four Hundred feet (W. 400') of the Northwest One-quarter (N.W. 1/4) of the Southwest One -Quarter (S.W. 1/4) of Section 5, Township 29 South, Range 16, East, LESS the West One Hundred feet (W. 100') for road right- of-way, situated on U.S. Highway 19 North. Parcel 2: 05-29-16-00000-320-0200 Begin at the Northwest corner of the SW 1/4 of Section 5, Township 29 South, Range 16 East and run thence S 1°08'45" W. along the Section line 228.08 feet' thence S 88°34'39" E, 100.0 feet; thence S 1°08'45" W., 33.0 feet; thence S 88°34'39" E., 16.0 feet for P.O.B.; thence S 88°34'39" E., along the Southerly boundary of County Road #50, 300.0 feet to the NW corner of Carlton Terrace as recorded in Plat Book 41, Page 16 of the public records of Pinellas County, Florida; thence S 1°08'45" W., along the Westerly boundary of said Carlton Terrace 1063.82 feet to the Southwest corner of said Carlton Terrace; thence N 89°40'43" W., along the 40 acre line 300.0 feet; thence N 1°08'45" E., along the Easterly boundary of U.S. Highway #19, 1009.59 feet; thence N 16°05'38" E., 62.01 feet to the P.O.B.; Less the South 419.0 feet thereof and LESS the following described tract: Begin at the Northwest corner of the SW 1/4 of Section 5, Township 29 South, Range 16 East, and run thence S. 1°08'45" W. along the section line 228.08 ft.; thence S. 88°34'39" E, 100.0 feet; thence S. 1°08'45" W., 33.0 feet; thence S. 88°34'39" E., 16.0 feet for P.O.B.; thence S. 88°34'39" E., 254.0 feet; thence S. 1°08'45" W., 170.0 feet; thence N. 88°34'39" W., 270.0 feet; thence N. 1°08'45" E., 110.0 feet; thence N. 16°05'38" E., 62.01 feet to P.O.B. 8