Loading...
TERMINATION CERTIFICATEKEN BURKE, CLERK OF COURT AND COMPTROLLER PINELLAS COUNTY, FL INST# 2022190270 06/17/2022 08:27 AM OFF REC BK: 22105 PG: 327-330 DocType:TERM RECORDING: $35.50 Prepared by and after recording return to: Melissa N. VanSickle Nelson Mullins 215 South Monroe, Suite 400 Tallahassee, Florida 32301 TERMINATION CERTIFICATE This Termination Certificate is made and entered this /1 f day of t) ne- 2022, by and between the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA, a public body corporate and politic of the State of Florida (the "Agency"), whose address is P. O. Box 4748, Clearwater, Florida 33758, and Blue Pierce, LLC, successor in interest to Blue Sky Communities, LLC, Florida limited liability companies (the "Developer"), whose address is 5300 West Cypress Street. Suite 200, Tampa, Florida 33607. WHEREAS, The Agency and the Developer entered into that certain Agreement for Development and Purchase and Sale of Property dated October 22. 2019, (which, together with any amendments thereto, if any, shall herein be collectively referred to as the "Development Agreement"), which provided, among other things, for the sale of real property described in the said Development Agreement to the Developer; WHEREAS, the sale of the property has not closed; and WHEREAS, Developer has elected to terminate the Development Agreement, which termination is mutually agreeable to the Parties. THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties certify and agree: 1. That certain Agreement for Development and Purchase and Sale of Property dated October 22, 2019, together with any amendments thereto. if any. (the "Development Agreement"), and that certain Memorandum of Agreement for Development and Purchase and Sale of Property recorded on October 30, 2019, in O.R. Book 20763, Page 607-608, Instrument No. 20199350547, Public Records of Pinellas County, Florida, effective this date is terminated, cancelled, deemed null and void and all Parties are hereby relieved of any further obligations under the Development Agreement and do hereby confirm that the Project Site as defined in the Development Agreement is no longer subject to any restrictions, limitations or encumbrances imposed by the Development Agreement.. 2. The Parties represent, confirm and acknowledge that there are no surviving obligations or liabilities on the part of either party to the Development Agreement; that no Notice(s) of Default has been given by the Agency and none are contemplated under 5.02 of the Development Agreement and if any such Notice has been given the default has been cured under 5.03; the Agency has no claim against the Developer under 5.05 of the Development Agreement; that there exists no claims per 6.04 of the Development Agreement arising out of site evaluations or activities by the Developer; that no Notice has been given by the Agency per 7.02 of the Development Agreement claiming default by the Developer and that the Agency has taken no curative actions per 7.02 of the Development Agreement. 3. The Parties do hereby mutually release and discharge one another, their respective representatives, agents, successors, and assigns from any and all rights, claims, demands, actions, causes of action, suits, proceedings, agreements, contracts, judgments, damages, debts, duties, liabilities, or obligations of any kind or character, whether in law or in equity, known or unknown, which either party had, now have, or hereafter may have, against the other party, by reason of any matter, cause, happening, or thing whatsoever, from the beginning of time to and including the date of this Certification. Without limiting the generality of the foregoing, this mutual release includes any and all of the foregoing which heretofore may have arisen, or may hereafter arise, in connection with the Development Agreement above described and any matters related thereto. 4. This Termination Certificate may be executed in any number of counterparts, each of which shall constitute an original, but all together one and the same instrument and shall be recorded in the Public Records of Pinellas County, Florida. IN WITNESS WHEREOF, the parties hereto have executed this Termination Certificate on the day and year first above written. Blue Pierce, LLC, a Florida Limited liability company, Successor In Interest to Blue Sky Communities, LLC By Blue Pierce M, LLC, its Manager By: STATE OF FLORIDA COUNTY OF HILLSBOROUGH Shawn Wilson, Manager The foregoing instrument was acknowledged before me by means of physical presence or L] online notarization. this 15th day of June , 2022, by Shawn Wilson, Manager of Blue Pierce M, LLC, who is personally known to me or who has produced as identification. Print: My Commission Expires: A I I EST: Cc,?P. r • Executive Director STATE OF FLORIDA COUNTY OF PINELLAS COMMUNITY REDEVELOPMENT AGENCY OF THE ITY OF CLEARWATER 1C/11,154 By: rman j,L4Lig/Loo d h1 Cwt._ ``�p11111Nf,/,,„/� ,"� pMEl .T ,,, c)_____ , „.,..i--Loor ,,oikpot '..:0....,51.,,s...: O�,. (FLOP`°„ ````. The foregoing instrument was acknowledged before me by means of (physical presence or ( )paline notgnnation this 1 (0/4` day of 0 -Lin f_ , 2022, by 'Frank V, tt ► b Isar cl , as Chairman, and So r, P. sen n i nqqs as the Executive Director of the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, a body politic and corporate, on behalf of said entity. Such persons are personall known to me or presented as identification. Pti 1`0�,PY PV�i,� Tammy L. Cummings Comm.:HH 212536 Aires: Jan. 3, 2026 Notary Public - State of Florida OTARY P %� ,,,� Print: Td� mr�i � • � u uv1 ►ri' I "� � ` My Commission Expires: Sc% h. 3, g G O Z,