CONTRACT FOR PURCHASE OF REAL PROPERTY - 112 S OSCEOLA AVECONTRACT FOR PURCHASE OF REAL PROPERTY
PARTIES: THE CITY OF CLEARWATER, FLORIDA, a Municipal Corporation of the State
of Florida whose mailing address is P.O. Box 4748, Clearwater, Florida 33758-3683
(herein "Seller" or "City"), and The DeNunzio Group, LLC, a Florida limited liability
company ("DeNunzio"), whose mailing address is 3060 Alternate 19 North, Palm Harbor,
Florida 34683, and Gotham Property Acquisitions, LLC, a New York limited liability
company ("Gotham"), whose mailing address is 432 Park Avenue South, Second Floor,
New York, New York 10016, (DeNunzio and Gotham are collectively referred to herein as
"Buyer") (each a "Party" and collectively the "Parties") hereby agree that the Seller shall
sell, and Buyer shall buy the following real property upon the following terms and conditions
contained herein ("Contract").
1. PROPERTY DESCRIPTION
A. A parcel of land generally described as: Exhibit "A" (attached hereto and
incorporated herein):
• Parcel "A" — a portion of Pinellas County Property I.D. # 16-29-15-20358-001-
0040, depicted in Exhibit "A" attached hereto and by this reference made a part
hereof, not to exceed 2.7 acres in size.
Parcel "A" shall be more particularly described by a survey as provided for in
Section 10 herein.
B. All buildings and other improvements situated thereon, including, but not limited
to, any fixtures, building materials or equipment located thereon (collectively, the
"Improvements");
C. Any and all land use, zoning, and development rights and other intangible rights
and interests owned by Seller and in any way related to, benefiting, or used
and/or to be used in connection with the Land, including, without limitation, any
third party warranties or guaranties relating to the Land or its Improvements;
D. All licenses, permits, consents, rights-of-way and approvals that benefit or are
related to the Land, including, but not limited to, the Approvals and all riparian
and littoral rights, all prepaid impact and other fees, all sewer and water
rights/commitments, zoning applications and other land use and/or development
rights/commitments; and
E. Such other rights, interests and properties as may be specified in this Contract
to be sold, transferred, assigned or conveyed by Seller to Buyer.
Parcel "A", together with the Improvements, rights, interests and other properties
described above, are collectively called "the Land."
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PERSONALTY: NONE
2. FULL PURCHASE PRICE $15,400,000.00
Together with any credits or funds provided for herein or in that certain Development
Agreement (defined herein) executed on even day herewith and memorializing the
intended use of the Land. The Parties acknowledge that the Seller shall be required to
contribute funds to Buyer pursuant to the Development Agreement; such funds are for
the benefit of Buyer and shall be shown as a credit on the closing statement, and any excess funds
shall be released directly to Buyer.
3. MANNER OF PAYMENT:
Federal funds wire in United States currency funds at time of closing as more particularly
described in this Contract.
4. PURCHASE PRICE
The full Purchase Price of Fifteen Million and Four Hundred Thousand Dollars and
no/100s ($15,400,000.00) as shown herein, subject to adjustments pursuant to this
Contract and the Development Agreement, has been reached in accordance with the
terms of that certain Request for Development Concepts (RFP No. 28-22) for Downtown
Clearwater Waterfront Development Opportunities for the old City Hall Site and the
Harborview Site, as defined in the Development Agreement. Jim Millspaugh, PAI
performed appraisals of the Land on behalf of the Seller pursuant to City of Clearwater
Charter requirements.
5. PURPOSE
The Council of the City of Clearwater, Florida ("Council") determined its desire to convey
the Land to Buyer pursuant to the approval of Ordinance 9597-22.
6. TIME FOR ACCEPTANCE APPROVALS
At its meeting of August 4, 2022, Council authorized execution of this Contract by the City
Manager.
The Parties agree this Contract is expressly contingent on the approval of the
Referendum amending the City Charter authorized to be placed on the ballot by
Ordinance 9597-22 as approved by Council on August 4, 2022 (the "Referendum"). In
the event the Referendum does not receive approval at the general election held
November 8, 2022, this Contract and all responsibilities of the parties herein shall be of
no further effect.
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7. TITLE
Seller warrants authority to and legal capacity to and shall convey marketable title to the
Land by Special Warranty Deed, subject only to matters contained in Paragraph 8 of this
Contract. Otherwise, title shall be free of all liens and encumbrances of record or known
to Seller, but subject only to the Permitted Exceptions; and at Closing no violation of the
foregoing exists.
8. TITLE EVIDENCE
A. Seller shall, at Seller's expense and no later than December 9, 2022, deliver to
Buyer a title insurance commitment issued by a Florida licensed title insurer ("Title
Company") agreeing to liens, encumbrances, exceptions or qualifications set forth
in this Contract, and those which shall be discharged by Seller at or before Closing
("Title Commitment"). The Title Commitment shall agree to issue to Buyer, upon
the Closing of this transaction, a title insurance policy in the full amount of the
Purchase Price, without exception for any matters other than the Permitted
Exceptions as hereinafter defined. In addition, Seller agrees to provide Title
Company with all documentation as may be necessary or required related to the
approval of the Referendum.
B. If the Title Commitment and/or Survey (defined below) reveals any defects or any
matters that are unacceptable to Buyer (a "Defect"), Buyer shall notify Seller in
writing of such Defects within twenty (20) days after Buyer's receipt of the Title
Commitment and/or the Survey, whichever is later. Notwithstanding anything to
the contrary, delivery of the Title Commitment and any updates thereto to the
Seller, shall be deemed Buyer's written notice of Defects. Seller shall, at its sole
cost and expense, promptly undertake to eliminate all such Defects to the
reasonable satisfaction of Buyer and the Title Company. Seller agrees to use its
best efforts to satisfy promptly any such Defects, but in the event Seller is unable
within the exercise of due diligence to satisfy said Defects within sixty (60) days
after said notice, Buyer may, at its option, (a) accept title subject to the Defects
raised by Buyer in which event said Defects shall be deemed to be waived for all
purposes or (b) cancel this Contract upon written notice to Seller and this Contract
shall be of no further force and effect. It is expressly agreed that Buyer, in its sole
discretion, may elect to accept or reject any proposed affirmative title insurance as
a satisfaction of a Defect. It is further specifically understood that Buyer hereby
objects to and will require the deletion of all standard exceptions including, without
limitation:
i. rights or claims of parties in possession not shown by public records;
ii. easements or claims of easements not shown by public records;
iii. discrepancies, conflicts in boundary lines, shortage in area,
encroachments, and any items in which a correct survey and
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inspection of the Land would disclose and which are not shown by
public records;
iv. any lien, or right to a lien, for services, labor or material heretofore or
hereafter furnished, imposed by law and not shown by public
records; and
v. defects and liens first appearing subsequent to the effective date of
the Title Commitment but prior to the Closing Date.
Notwithstanding the foregoing, Seller shall take all steps and spend any and all
sums required to satisfy and effect the removal prior to closing of any title matters
other than the Permitted Exceptions if such title matters are liquidated in amount
or if caused by Seller. In the event that a lien, claim, or cause of action has been
or shall be asserted related to any matter arising prior to Closing, Seller shall, at
its sole cost and expense, immediately discharge or bond the discharge of same
and defend against any claim or cause of action related thereto.
Any licenses or easements through adjoining private land for drainage, ingress,
egress, parking, vehicular and pedestrian passage and the installation, operation
and maintenance of utilities shall be pursuant to recorded agreements satisfactory
to Buyer in its sole discretion, and the easement areas created thereby shall be
insured by the Title Company as part of the Land insured under the title policy
issued at the Closing Date.
C. The Land shall be conveyed to Buyer subject to no liens, charges, encumbrances,
easements, restrictions, exceptions, reservations or other matters of any kind or
character other than the following exceptions (collectively, the "Permitted
Exceptions"):
i. Ad valorem taxes and assessments for the year of Closing and
subsequent years, provided the same are not then due and payable;
and
ii. Zoning ordinances, provided the same permit the existing and
Buyer's contemplated utilization of the Land pursuant to those uses
approved in the Development Agreement.
iii. All terms contained within that certain Development Agreement
related to the Land, recorded in the Official Records of Pinellas
County, and more particularly described in Section 9 of this Contract.
iv. The terms of the Deed Restriction as provided in Section 11.
9. DEVELOPMENT AGREEMENT
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The Land shall be encumbered by that certain Development Agreement between the City
of Clearwater dated August 4, 2022 and recorded in Book , Pages of the
Official Records of Pinellas County, Florida. ("Development Agreement").
Execution of the Development Agreement shall occur simultaneously with the execution
of this Contract. The Parties acknowledge that the Development Agreement also includes
additional real property that is not subject to this Contract ("Harborview Site"), which is
described on Exhibit B hereto. In the event the Development Agreement is terminated
prior to Closing as to the Land, then this Contract shall be deemed automatically
terminated and all responsibilities of the parties herein shall be of no further effect. Failure
to obtain approval of the Development Agreement shall not be deemed a breach of this
Contract by either Party hereto.
A default under the Development Agreement with respect to the Land shall not be deemed
a default with respect to the Harborview Site and a default under the Development
Agreement with respect to Harborview Site shall not be deemed a default by the Buyer
or Seller with respect to the Land. For the avoidance of doubt, the Parties acknowledge
and agree that closing under this Contract is not conditioned upon closing on Harborview
Site pursuant to the Contract of Purchase of Real Property By The City of Clearwater,
Florida between Buyer and the City, dated as of the date hereof (the "Harborview Site
Contract") and a closing under the Harborview Site Contract is not a condition to closing
under this Contract. The parties further acknowledge and agree that a default under this
Contract shall not be deemed a default under the Harborview Site Contract and default
under the Harborview Site Contract shall not be deemed a default under this Contract.
10. SURVEY
Seller shall, prior to the expiration of the Inspection Period, deliver a survey of the Land
to Buyer ("Survey"), as prepared by a registered Florida land surveyor ("Surveyor"). If
the Survey shows any encroachment on the Land, or that improvements located on the
Land encroach on setback lines, easements, lands of others, or violate any restrictions,
contract covenants or applicable governmental regulation, or any other unacceptable
matter, including any issue with Buyer's intended use of the Land, the same shall
constitute a Defect. The Survey shall be performed to minimum technical standards of the
Florida Administrative Code and may include a description of the Land under the Florida
Coordinate System as defined in Chapter 177, Florida Statutes and certified to Seller,
Buyer, Buyer's assign as provided for in this Contract, Title Company, any other title
insurance company or lender as required by Buyer. Additionally, Seller agrees to assign
or otherwise transfer the Survey to Buyer and otherwise provide direction to the Surveyor
so that Buyer can modify the Survey and otherwise continue to utilize the Survey and
Surveyor, at Buyer's risk.
In consideration for the Seller providing this Survey, the Buyer agrees to hold Seller
harmless as to the content, completeness, and accuracy of the information contained in
the Survey ("Hold Harmless"); however, the Hold Harmless shall not apply to the plat as
more particularly described in the Development Agreement.
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11. DEED RESTRICTION
Buyer and Seller agree that a paramount purpose of this Contract and associated
Development Agreement is to stimulate economic activity. For this reason, the Deed shall
include a restriction that Buyer will not deed the Land or any portion thereof to any not-
for-profit entity. For the avoidance of doubt, this restriction shall survive the expiration of
the Development Agreement.
12. INTENTIONALLY DELETED
13. CLOSING PLACE AND DATE
The closing of the transaction contemplated under this Contract ("Closing") shall be
closed in the offices of the designated Closing Agent in Pinellas County, Florida on or
before December 31, 2024, unless extended by the time allotted for the removal of title
defects as provided for in Paragraph 8 above, Force Majeure Event, Governmental Delay,
or as provided below in this Section 13 ("Closing Date"). The Seller shall designate the
closing agent ("Closing Agent").
The Buyer and Seller acknowledge and agree that time shall be of the essence with
respect to the performance by the Buyer of its obligation to purchase the Land, pay the
Purchase Price, and otherwise consummate the transactions contemplated in this
Contract by the Closing Date. For that reason, if the Closing does not occur by the
Closing Date except in the case of Event of Default on the part of Seller, the Seller shall
have the unilateral right, in its sole discretion, to terminate the Contract without penalty if
Closing does not occur on or before the Closing Date.
Notwithstanding the previous paragraph, if the Closing does not occur by the Closing
Date, and provided that Buyer is using Commercially Reasonable Efforts (as defined in
the Development Agreement) to obtain approval for any necessary permits or other
Approvals, Buyer shall have the option to extend Closing Date for an additional ninety
(90) days, by delivering written notice thereof to Seller prior to the expiration of the Closing
Date, and submitting payment to the Seller in the sum of Two Hundred Thousand Dollars
($200,000.00) ("Extension Fee"), which Extension Fee shall be nonrefundable and not
applicable towards the Purchase Price except in the case of an Event of Default on the
part of the Seller.
14. CLOSING DOCUMENTS
Closing Agent, on behalf of Seller, shall furnish closing statements for the respective
Parties. Additionally the respective Parties shall execute, as applicable, the following
closing documents at Closing:
i. Special Warranty Deed;
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ii. Bill of Sale (if applicable);
iii. Mechanic's Lien and Possession Affidavit;
iv. FIRPTA affidavit;
v. Corrective instruments that may be required for the conveyance;
vi. Blanket conveyance and assignment;
vii. All other documents as may be required by this Contract or by the Title Company,
including any documentation required by the Title Company to verify approval of
the Referendum;
viii. Escrow Agreement; and
ix. All other documents that may be required under the Development Agreement.
The appropriate Parties shall deliver resolutions or applicable documents authorizing the
sale and delivery of the deed and certifying the resolution or documents and setting forth
facts showing the conveyance conforms to the requirements of local law.
15. CLOSING EXPENSES
Pursuant to Chapter 201.24, Florida Statutes, Seller is exempt from paying documentary
stamps on the deed. Buyer shall pay the cost for documentary stamps if applied to this
transaction. Recordation of the deed shall be paid by Buyer. Seller shall pay the costs of
recording any corrective instruments, the Survey, and title insurance as provided in this
Contract. All other closing costs shall be apportioned in the manner customary for
commercial real estate transactions in Pinellas County, Florida.
16. PRORATIONS; CREDITS
Taxes, assessments, rent (if any) and other revenue of the Land shall be prorated through
the day before Closing. Closing Agent shall collect all ad valorem taxes uncollected but
due through day prior to Closing Date and deliver same to the Pinellas County Tax
Collector or other applicable party. If the amount of taxes and assessments for the current
year cannot be ascertained, rates for the previous year shall be used with due allowance
being made for improvements and exemptions. Assessments for any improvements that
are substantially complete at time of closing shall be paid in full by Seller. Additionally,
the Purchase Price shall be subject to any applicable prorations, credits, or offsets as
provided for herein or in the Development Agreement.
17. OCCUPANCY
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Seller warrants that there are no parties in occupancy other than the Seller, or as otherwise
disclosed herein. Seller agrees to deliver occupancy of the Land at time of Closing Date
unless otherwise stated herein. At Closing, Buyer agrees to accept the Property in its
existing conditions unless otherwise stated herein or in separate writing. The Land shall
be delivered free and clear of all occupants, licensees or other users, except as provided
for in this Contract.
18. LEASES
Seller warrants there are no tenants occupying the Land and that no leases, licenses, or
other occupancy agreements exist, recorded or unrecorded, authorizing such occupancy
or use of the Land.
19. PROPERTY CONDITION
Subject to the representations and warranties contained in this Contract, and Seller's
obligations under the Development Agreement, including, but not limited to Seller's
obligation to undertake the environmental remediation and demolition of the existing
improvements on the Land, Seller shall deliver the Land to Buyer at time of Closing Date
in accordance with the Contract and the terms of the Development Agreement. Seller
makes no warranties other than is disclosed in this Contract, in the Development
Agreement, or in any of the Closing Documents.
a. As Is with Right of Inspection: Buyer may as of the Effective Date, at Buyer's
expense, and within 60 days following the Referendum Date hereof ("Inspection
Period"), conduct inspections, tests, environmental and any other investigations of
the Land Buyer deems necessary to determine suitability for Buyer's intended use.
Upon Seller's execution hereof, Seller shall grant reasonable access to the Land to
Buyer, its agents, contractors and assigns for the purposes of conducting the
inspections provided, however, that any intrusive sampling of soils and
groundwater on the Land shall be conducted only (i) during regular business hours,
(ii) with no less than two (2) business days prior written notice to Seller, which
notice shall include the proposed scope of work for any such intrusive sampling,
and (iii) in a manner which will not unduly interfere with Seller's current use of the
Land. Prior to entering the Land or performing any intrusive soil or groundwater
sampling on the Land, Buyer shall deliver to Seller a certificate of insurance
evidencing that Buyer's consultant has in place and shall maintain during the
pendency of work on the Land commercial general liability insurance with limits of
at least One Million Dollars ($1,000,000) per occurrence and Two Million Dollars
($2,000,000) in the aggregate for bodily injury or death and property damage
insurance including coverage for contractual liability covering any accident arising
in connection with the presence of Buyer's consultant, or its subcontractors, agents
and representatives on the Land, which shall name Seller as additional insureds
and is written by a reputable insurance company, provided, however, that in no
event shall Buyer be liable for any pre-existing conditions. Any damage to the Land
caused by Buyer or its consultants in conducting any such environmental
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assessment, investigation or review shall be repaired by Buyer at its sole cost and
expense provided, however, that in no event shall Buyer be liable for any pre-
existing conditions. Seller will ensure that throughout the Inspection Period, any
existing utilities services required for Buyer's inspections and investigations shall
be maintained and not disconnected. Buyer shall not engage in any activity that
could result in a mechanics lien being filed against the Land without Seller's prior
written consent. In the alternative, at the Buyer's sole discretion, if Seller offers to
repair or otherwise remedy such conditions to Buyer's satisfaction, Buyer may
accept such offer. If Buyer terminates this Contract, and this transaction does not
close, Buyer agrees, at Buyer's expense, to repair all damages to the Land
resulting from the inspections and investigations and return the Land to its present
condition.
Buyer may terminate this Contract by written notice to Seller prior to expiration of
the Inspection Period for any reason whatsoever, or for no reason.
b. Buyer's Agreement to Indemnify: Buyer hereby agrees to indemnify, defend
and hold Seller harmless from and against any and all liens, claims, causes of
action, damages, liabilities and expenses (including reasonable attorneys' fees)
caused by Buyer's inspections or tests permitted under this Contract with respect
to conditions created by the Buyer as a result of its inspections. In no event shall
Buyer be liable to indemnify Seller in connection with any pre-existing conditions.
Buyer's obligations under this Section shall survive the termination of this Contract
and shall survive the Closing.
c. Document Delivery. Seller shall provide to Buyer any and all prior surveys,
environmental reports, plans, specifications and contracts associated with the
Land within ten (10) days of the Effective Date.
20. WALK-THROUGH INSPECTION
At a time mutually agreeable between the Parties, but not later than the day prior to
Closing, Buyer may conduct a final "walk-through" inspection of the Land to determine
compliance with any Seller obligations and to ensure that all Property is in and on the
premises. No new issues may be raised as a result of the walk-through.
21. RISK OF LOSS
If the Land is damaged by fire or other casualty before closing, Buyer shall have the option
of either taking the Land "as is", or of canceling this Contract. Seller shall have no
obligation to repair or rebuild.
22. DEFAULT
A material breach by either Party of any term of this Contract shall constitute an Event of
Default. Upon an Event of Default, the aggrieved Party shall promptly notify all other
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parties of the basis for concluding that an Event of Default has occurred. In such event,
the accused Party shall have thirty (30) days to respond and cure the Event of Default or
such longer period of time if such Event of Default is not capable of being cured within
thirty (30) days provided the accused Party is making good faith efforts to cure such Event
of Default ("Cure Right"). If the Party fails to respond, or fails to cure the Event of Default,
the aggrieved Party shall have the ability to unilaterally cancel this Contract upon giving
written notice to the other Party prior to Closing and exercise any and all rights available
in law, in equity (including the right to seek specific performance), and under this Contract,
provided, however, that in no event shall the Parties be liable for punitive, consequential
or special damages. In the case of an Event of Default by the Seller, the Extension Fee
shall be returned to the Buyer. The Cure Right shall not be applicable if a Party fails to
close when all closing conditions precedent contained in this Contract are met.
23. RADON GAS NOTIFICATION
In accordance with provisions of Section 404.056(8), Florida Statutes (2014), as amended,
Buyer is hereby informed as follows:
RADON GAS: Radon is a naturally occurring radioactive gas that, when it
has accumulated in a building in sufficient quantities, may present health
risks to persons who are exposed to it over time. Levels of radon that exceed
federal and state guidelines have been found in buildings in Florida.
Additional information regarding radon and radon testing may be obtained
from your county public health unit.
24. CONTRACT NOT RECORDABLE; PERSONS BOUND BY THIS CONTRACT
The Parties acknowledge that this Contract is a public record subject to the terms of
Section 119, Florida Statutes; however, neither this Contract or any notice of it shall be
recorded with or by the Clerk of Court. This Contract shall bind and inure to the benefit of
the Buyer, the Seller, and their successors in interest. Whenever the context permits,
singular shall include plural and one gender shall include all.
25. NOTICE
All notices provided for herein shall be deemed to have been duly given if and when
deposited in the United States Mail, properly stamped and addressed to the respective
Party to be notified or by electronic mail, including the Parties to this Contract, the Parties'
attorneys.
Buyer:
The DeNunzio Group, LLC
Attn: Dustin DeNunzio
3060 Alternate 19 North
Palm Harbor, FL 34683
Email: did(c�thedenunziogroup.com
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With a copy to:
Seller:
Gotham Property Acquisitions LLC
Attn: Bryan Kelly
432 Park Avenue South, Second Floor
New York, NY 10016
Email: bkelly(a�gothamorq.com
Hill, Ward & Henderson, P.A.
Attn: Katherine Cole
101 E. Kennedy Blvd., Suite 3700
Tampa, FL 33602
Email: katie.cole(a�hwhlaw.com
Russell A. Kivler
Hirschen Singer & Epstein LLP
902 Broadway, 13th Floor
New York, NY 10010
Email: rkivler(c�hseny.com
City of Clearwater
Attn: David Margolis, City Attorney
600 Cleveland Street, 6th Floor
Clearwater, FL 33755
Email: David.Margolis@MyClearwater.com
26. ASSIGNABILITY; PERSONS BOUND
This Contract is not assignable by Buyer without the written consent of the Seller, which
consent may be given or withheld in Seller's sole and absolute discretion; provided,
however, Buyer may, without the consent of the Seller, (i) assign its interest in this
Agreement to one or more Special Purpose Entities (defined below) and (ii) transfer
membership interest in the Buyer and/or Special Purpose Entities to third party investors
provided that one or more of the Key Principals (defined below) retain direct or indirect
control of the Buyer and/or Special Purpose Entities, subject to major decision and
removal rights of such lenders and/or investor members (each herein called a "Break -
Out Owner"), such election and option of the Buyer being herein called the "SPE Option".
In the event Buyer elects the SPE Option, this Contract shall be deemed automatically
assigned to each Break -Out Owner and the Break -Out Owner shall have all rights of
Buyer with regard to the Land. Additionally, Buyer and/or the Special Purpose Entities
shall be entitled to collaterally assign its interest in the Land to institutional lenders and/or
investors in connection with the construction and/or permanent financing of the Land
without the consent of Seller.
"Key Principals" means David Picket, Matthew Picket and Dustin J. DeNunzio.
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"Special Purpose Entities" means single purpose limited liability companies and/or
limited partnerships formed for the purpose of directly or indirectly owning all or any
portion of the Land, which entities shall be directly or indirectly controlled by one or more
of the Key Principals.
27. ATTORNEY FEES; COSTS
In any litigation arising out of this Contract, each Party shall pay its own attorney's fees
and costs.
28. TYPEWRITTEN OR HANDWRITTEN PROVISIONS
Typewritten or handwritten provisions shall control all printed provisions of Contract in
conflict with them.
29. BROKER REPRESENTATION
If either Party chooses to be represented by a Licensed Real Estate Broker upon Seller's
execution hereof, then that Party solely shall be responsible for any such Broker fee or
expense due to said Broker.
30. EFFECT OF PARTIAL INVALIDITY
The invalidity of any provision of this Contract will not and shall not be deemed to affect
the validity of any other provision. In the event that any provision of this Contract is held
to be invalid, the Parties agree that the remaining provisions shall be deemed to be in full
force and effect as if they had been executed by both Parties subsequent to the
expungement of the invalid provision.
31. GOVERNING LAW AND VENUE
It is agreed by and between the Parties hereto that this Contract shall be governed by,
construed, and enforced in accordance with the laws of the State of Florida. Venue for any
action brought in state court shall be in Pinellas County, Florida, Clearwater Division.
Venue for an action brought in federal court shall be in the Middle District of Florida, Tampa
Division.
32. COUNTERPARTS; FACSIMILE COPY
This Contract may be executed in two or more counterparts, each of which shall be
deemed an original and all of which together shall constitute one instrument. A facsimile
copy of this Contract, including any addendum, attachments and any written modifications
hereof, and any initials or signature thereon shall be deemed an original.
33. ENTIRE AGREEMENT
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Upon execution by Seller and Buyer, this Contract and any attached exhibits and the
Development Agreement shall constitute the entire agreement between the Parties
relating to the purchase of the Land, and shall supersede any and all prior and
contemporaneous written and oral promises, representations or conditions in respect
thereto. All prior negotiations, agreements, memoranda and writings shall be merged
herein. Any changes to be made in this agreement shall only be valid when expressed in
writing, acknowledged by the Parties and incorporated herein or attached hereto.
34. EFFECTIVE DATE AND REFERENDUM DATE
The "Effective Date" of this Contract shall be defined as date that both Parties sign the
Contract.
The "Referendum Date" of this Contract shall be defined as the date upon which the
Referendum of City of Clearwater voters approving the conveyance of the Land pursuant
to the terms herein is certified by the supervisor of elections.
35. FINANCING CONTINGENCY
Buyer shall apply for, and will thereafter continue to submit all documents required to
obtain, a commercially reasonable loan to purchase the Land, if required by Buyer, and
an executed term sheet related to financing to construct all of the improvements under
the Approvals and the Development Agreement at or prior to the Closing Date (collectively
the "Loan"). Buyer's obligations under this Contract are contingent upon Buyer obtaining,
no later than the Closing Date, financing to be secured by a first mortgage and lien against
the Land in an amount and with terms reasonably acceptable to Buyer ("Financing
Contingency"). If, despite Buyer's commercially reasonable efforts, Buyer is unable to
obtain financing in an amount and with terms reasonably acceptable to Buyer on or prior
to the Closing Date, Buyer shall have the right to terminate this Contract by delivering
written notice to Seller on or prior to the Closing Date. Thereafter, neither Party to this
Contract shall have any further rights or liabilities under this Contract except with respect
to those provisions that specifically provide that they survive the termination of this
Contract.
36. DEVELOPMENT APPROVALS PERIOD
Buyer and Seller's obligation to consummate the transaction contemplated herein is
contingent upon, including the other conditions occurring in Sections 39 and 40 of this
Contract, Buyer obtaining all Approvals prior to the Closing Date. As used herein, the
term "Approvals" shall mean all final non -appealable governmental permits described in
the Development Agreement and applicable to Buyer's development of the Land, where
said permits are legally necessary prior to commencing construction on the Land as
described in the Development Agreement, including, without limitation, to the extent
applicable: (i) Flexible Development Approval for site plan approval including the
allocation of density from the Public Amenities Incentives Pool, as provided for in the
Development Agreement; (ii) all permits required from the City of Clearwater; (iii) any and
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all permits required from the Southwest Florida Water Management District; and (iv)
Approval of the Preliminary Plat, and, if applicable, Final Plat Approval.
As used in this Contract, the term "final" will mean that all appeal periods will have expired
without an appeal taken therefrom or, in the event any appeal is taken, a judgment will
have been entered sustaining the Approvals and all appeal periods from such judgment
will have expired. Except as provided in the Development Agreement, all costs and
expenses associated with obtaining the Approvals and complying therewith will be paid
solely by Buyer, except for the Preliminary and Final Plat Approval, which shall be
provided by the Seller, and, subject to the terms and conditions of the Development
Agreement. Seller hereby agrees and acknowledges that Buyer may apply for and obtain
all necessary Approvals and may commence the Approvals as of the execution date of
this Contract. Upon request by Buyer from time to time, Seller, at no cost or expense to
Seller, shall, to the extent reasonably requested by Buyer, promptly execute, join in,
consent to, and support any requests, applications, proposals, petitions, consents or
hearings filed, initiated, or related to the Approvals reasonably requested by Buyer.
37. FORCE MAJEURE AND GOVERNMENTAL DELAY
For purposes of this Contract, "Force Majeure Event" means any delay that is directly
attributable to and caused by flood, fire, earthquake, hurricanes, tornadoes, wind storms,
"named storms," riots, national emergency, sabotage, strikes, labor dispute, wars,
pandemics, events of similar or greater magnitude; terrorist threats or actions; or
directives or orders issued by Governmental Authorities (defined below) that explicitly
prohibit or prevent the Closing; the failure or refusal of Governmental Authorities to act
and process applications within the time -frame allowed by law or ordinance, or otherwise
hold public or private meetings due to COVID-19 or any other public health reason;
unreasonable or unlawful delay by Governmental Authorities to act and process properly
completed applications, permits and requested approvals with respect to the Approvals,
an emergency order issued by Pinellas County, other emergency order issued by the City
of Clearwater or other applicable governmental entities, agencies or authorities having
jurisdiction, due to COVID-19 or any other public health reason or other causes beyond
the reasonable control of Buyer.
For the avoidance of doubt, a Force Majeure Event shall not include (1) financial distress
or the inability of the Buyer to make a profit or avoid a financial loss; (2) changes in market
prices; or (3) Buyer's financial inability to perform its obligations hereunder.
"Governmental Authorities" means any and all federal, state, county, city, town, other
municipal corporation, governmental or quasi -governmental board, judge, court, agency,
authority, department, or body having jurisdiction over the Land.
Furthermore, notwithstanding anything to the contrary contained in the Contract, all time
periods applicable to Buyer shall be subject to day -for -day extensions in the event of any
Governmental Delay (as hereinafter defined). "Governmental Delay" means any actual
14
delay in the Approvals (including delays in the granting of entitlements or execution of
agreements) to the extent that such delay is actually caused by any unlawful or
unreasonable act or failure to act by the City or any of its employees, public officials,
officers or committees/agencies (collectively, the "Government"). "City" refers to the City
of Clearwater, Florida, the Seller in this Contract.
If the Buyer reasonably determines that a Force Majeure Event or Governmental Delay
is preventing the Buyer from timely closing or another deadline in the Contract, the
procedure for tolling any time periods in this Contract shall follow the same procedures
described in Section 9.16, Section 9.17, and Section 9.18 of the Development Agreement.
38. SELLER WARRANTIES AND REPRESENTATIONS
Seller expressly covenants, warrants and represents the following matters:
i. As of the date of Closing, no work has been performed or is in progress upon, and
no materials have been furnished to, the Land or any part thereof, which might
give rise to any mechanic's, material or other liens against the Land or any part
thereof ("Liens").
ii. Seller (a) is a municipal corporation validly existing under the laws of the State of
Florida, (b) has the power and authority to carry on its business as now conducted,
and (c) has the power and authority to execute and deliver this Contract, the deed
and all other instruments to be executed and delivered by Seller in connection
herewith and therewith, and to perform all of its obligations hereunder as provided
for in the authorization provided by the City Council on August 4, 2022.
iii. The execution and delivery by Seller of this Contract and all other documents
executed in connection with this Contract and the performance by Seller of its
obligations hereunder and thereunder: (a) have been duly authorized by all
requisite municipal action in accordance with the laws of the State of Florida, (b)
will not violate or be in conflict with any of the terms, conditions or provisions of
any law, order, rule, regulation, ordinance, code or decree of any court or
governmental authority, (c) will not result in a breach of or constitute (with or
without the giving of notice or the passage of time, or both) a default under any
indenture, agreement or other instrument to which Seller is a party or by which
Seller or any of its properties or assets may be bound, and (d) will not result in the
creation or imposition of any lien, charge or encumbrance of any nature
whatsoever upon Buyer or the Land.
iv. Except for the Referendum, no consent, approval or authorization of or registration,
declaration or filing with any person or entity, including without limitation any
governmental authority is required in connection with the valid execution of this
Contract or the performance of any of the transactions required or contemplated
15
hereby or, if required, such consent, approval, authorization or registration,
declaration or filing has been or shall have been obtained prior to the Closing.
v. This Contract is, and all the documents to be delivered by Seller pursuant to this
Contract will be, when executed by Seller, binding on and enforceable against
Seller in accordance with their respective terms, except as such enforcement may
be limited by (a) bankruptcy, insolvency, reorganization, moratorium or other
similar laws relating to or affecting the rights and remedies of creditors, or (b) by
general equitable principles (whether enforcement is sought in law or at equity).
vi. During its ownership of the Land, there have not been and there are not now
pending or, to Seller's knowledge, threatened: (i) claims, complaints, notices, or
requests for information received by Seller with respect to any alleged violation of
any Environmental Law with respect to the Land; or (ii) claims, complaints, notices,
or requests for information sent to Seller regarding potential or alleged liability
under any Environmental Law with respect to the Land.
vii. To Seller's knowledge, the Land and all Improvements are in compliance with all
Environmental Laws, or will be in compliance on the Closing Date.
"Environmental Law" shall mean any present and future law and any amendments
(whether common law, statute, rule, order, regulation or otherwise), permits and other
requirements or guidelines of governmental authorities applicable to the Land and relating
to the environment and environmental conditions or to any Hazardous Material (including,
without limitation, CERCLA, 42 U.S.C. § 9601 et seq., the Resource Conservation and
Recovery Act of 1976, 42 U.S.C. § 6901 et seq., the Hazardous Materials Transportation
Act, 49 U.S.C. § 1801 et seq., the Federal Water Pollution Control Act, 33 U.S.C. § 1251
et seq., the Clean Air Act, 33 U.S.C. § 7401 et seq., the Toxic Substances Control Act,
15 U.S.C. § 2601 et seq., the Safe Drinking Water Act, 42 U.S.C. § 300f et seq., the
Emergency Planning and Community Right -To -Know Act, 42 U.S.C. § 1101 et seq., the
Occupational Safety and Health Act, 29 U.S.C. § 651 et seq., and any so-called "Super
Fund" or "Super Lien" law, any law requiring the filing of reports and notices relating to
Hazardous Materials, environmental laws administered by the Environmental Protection
Agency, and any similar state and local laws, all amendments thereto and all regulations,
orders, decisions, and decrees now or hereafter promulgated thereunder concerning the
environment, industrial hygiene or public health or safety).
The representations and warranties of Seller as set forth in this Contract shall be true and
correct as of the Effective Date of this Contract and as of the Closing Date and shall
survive the Closing of this transaction for a period of forty-eight (48) months after Closing.
39. CONDITIONS PRECEDENT TO BUYER'S OBLIGATION TO CLOSE.
The obligation of Buyer to consummate the transactions contemplated by this Contract is
subject to the following conditions precedent:
16
i. The execution and delivery of this Contract, and the consummation of the
transactions contemplated by this Contract, shall have been approved by
the Referendum. Sufficient evidence of that the Referendum has been
approved shall be provided to the Title Company.
ii. The Buyer obtaining the Loan described in Section 35 of this Contract.
iii. No Event of Default exists under the Development Agreement with respect
to the Land.
iv. Buyer shall have received all necessary Approvals.
v. Full payment by the Clearwater Community Redevelopment Agency
("CRA") on behalf of Buyer of all impact fees and utility connection fees
required by the Development Agreement.
vi. Seller has satisfied all of its monetary obligations under the Development
Agreement that are specifically required as a condition precedent to occur
prior to Closing, unless waived by Buyer in its sole discretion.
vii. Seller, or Seller's designee, shall provide evidence of funding its obligations
provided for in the Development Agreement, including the funding of the
Pedestrian Bridge (as defined in the Development Agreement). The Parties
agree to enter into a mutually agreeable separate escrow agreement prior
to Closing related to the escrow of the funds for the Pedestrian Bridge
("Escrow Agreement").
viii. Seller shall have caused there to be no Liens on the Land, other than
Permitted Exceptions.
ix. Seller shall deliver a clean Phase 1 environmental report along with, if
applicable, a Phase 11 environmental report indicating no further recognized
environmental conditions exist on the Land that have not been addressed
or remediated by the Seller.
x. Seller shall conduct all remediation and demolition associated with the
Land, at its sole cost and expense.
xi. The Seller shall have allocated and committed the funds to construct the
future Public Realm improvements described in Section 10.09 of the
Development Agreement.
xii. Seller's deposit of the allocable portion of the Parking Contribution (as
defined in the Development Agreement) for the Land as provided in the
Development Agreement.
17
In the event that any of the foregoing conditions have not been fully and unconditionally
satisfied for any reason on or before the Closing Date, Buyer may either, in its sole
discretion, waive the condition precedent and proceed to close if the conditions set forth
in Section 40 are met, or terminate this Contract by giving written notice to Seller on or
before the Closing Date, in which case this Contract shall be deemed terminated without
the necessity of further documentation.
40. CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE
The obligation of Seller to consummate the transactions contemplated by this Contract is
subject to the following conditions precedent:
i. The Buyer obtaining and providing proof to the Seller of the Loan described in
Section 35 of this Contract. For the avoidance of doubt, proof of available
construction financing may be in the form of an executed term sheet.
ii. Buyer shall provide evidence of funding its obligations provided for in the
Development Agreement, including the funding of the Pedestrian Bridge (as
defined in the Development Agreement). The Parties agree to execute the
Escrow Agreement at Closing.
iii. Buyer shall provide evidence of a Construction Agreement. "Construction
Agreement" shall be defined as an executed agreement between a general
contractor, licensed in the State of Florida, or construction manager and the
Buyer or the Buyer's Affiliates or lenders, whereby the Buyer or Buyer's Affiliates
or lenders provide monetary compensation in exchange for a commitment to
construct or ensure the construction of the improvements described in the
Development Agreement relating to the Land.
In the event that any of the foregoing conditions have not been fully and unconditionally
satisfied for any reason on or before the Closing Date, Seller may either, in its sole
discretion, waive the condition precedent and proceed to close if the conditions set forth
in Section 39 are met, or terminate this Contract by giving written notice to Buyer on or
before Closing, in which case this Contract shall be deemed terminated without the
necessity of further documentation.
41. EXCULPATION.
Notwithstanding anything to the contrary, in no event shall the partners, officers, directors,
employees, affiliates or subsidiaries of the Buyer have any liability whatsoever pursuant
to this Contract and Seller agrees to look solely to Buyer in connection with the remedies
provided for in this agreement.
18
EXECUTED this IS��` day of LLS , 2022 by BUYER.
Attest:
The DeNunzio Group, LLC, a Florida
limited liability company
Sign By:
Print:
Sign: Title:
Print:
Gotham Property Acquisitions LLC, a
New York limited liability company
Sign Sql�.O, By:
Print: Iff 1<7
q,�
Sign: �.� Title: r
Print: %aNc
A000 VED BY SELLER & EFFECTIVE this g dayof
' 2022.
Countersigned: CITY OF CLEARWATER, FLORIDA
Frank Hibbard Jon Jennings
Mayor City Manager
Approved as to form: Attest:
-- �aDavid Margolis Rosemarie CAlI �•
City Attorney City Clerk
es, ISO�g1
19
EXECUTED this 16" day of U-a- , 2022 by BUYER.
Attest:
The DeNunzio Group, LLC, a Florida
limfteqklJabilityo y
Sign By:
- &-w-' 1
Print: 1
Sign: �+�'�2d __ Title: �>r c'st 6u�- -
Print:
Gotham Property Acquisitions LLC, a
New York limited liability company
Sign By:
Print:
Sign: Title:
Print:
APPROVED BY SELLER & EFFECTIVE this day of
2022,
Countersigned` CITY OF CLEARWATER, FLORIDA
By:
Mayor City Manager
Approved as to form: Attest:
City Attorney City Clerk
19
EXHIBIT "A"
City Hall — Parcel A
DESCRIPTION
That portion of the East 402.04 feet of Lots 3. 4. & 5 of Block A. John R
Davey's Re—subdivision as shown an plat recorded In Plat Book 1, page 87 of the
Public Records of Hillsborough County, Florida, of which Phellae County was
formerly a part; Tying South of those lands described in Officid Records Book
14700. page 1498 of the Public Records of Pinellas County. Florida;
LESS the East 15 feet of said Block A;
And LESS the South 20 feet of said Lot 5 per City of Clearwater Resolution
64-180, recorded in Officid Records Book 2059, page 493 of said Pinellas
County Public Records.
Said portion of Lots 3, 4. & 5 being mare particularly described as fallawsr
Commence at the Southeast corner of Lot 5, Block A, John R Davey's
Re—subdivision as shown on plat recorded in Plat Book 1, page 87 of the PUbllc
Records of Hillsborough County, Florida, of which Pinellas County was formerly a
part; thence N 00' 06'32'E along the East line of said Lot 5, a distance
of 20.00 feet to a point an the North Zine of the South 20 feet of said
Lot 5c thence $ 89 20'12'W along said North line of the South 20 feet. a
distance of 15.00 feet to the West line of the East 15 feet of said Black A and
the Poht of Beginning; thence continue S 89' 20'12'W along sold N line of the
South 20 feet. a distance of 387.07 feet; thence N 00' 08'32'E, a distance
of 300.20 feet to the Westerly extension of the Southernmost line of those lands
described in Official Retards Book 14700. pa1498 of the Public Records of
Pinellas County, Florida; thence S 88' 25°09ge 'E along said line. a distance
of 387.17 feet to the said West line of the East 15 feet; thence S 00' 06.32'W
along said West line of the East 15 feet, a distance of 285.04 feet to the Point
of Beginning.
Contahlnq 113.256 square feet, ar 2.60000 acres. mare ar less.
NOTES
1. THIS IS A SKETCH TO *OCCUPANT A DESCRIPTION AS DEFINED IN 0-IAPTER Sol -17.052 OF
THE FLOROA ADWNISRRAIIVE CORE AND IS NOT A FELD StAtvtr.
2_ BEARINGS SHOeM HEREON ARE BASED ON [IIID NORTH, AS REFERENCED 10 THE FLORIDA
STATE P( € COORDINATE SYSTEM, WEST ZONE. AS ESTABUSHED BY THE NATIONAL OCEAN
SERMCES` PROGRAM OFFICE NATIONAL GEODETIC SURVEY AND THE 1fEST UNE OF OSCEOLA
STREET BEING SOUTH 001)9'32' BEST.
3. COORDPIATES SHOW HEREON ARE REFERENCED TO FLORIDA STATE PLANE COORDINATES
NEST Z»E, NORTH AMERICAN DATA OF 19e3, 2011 AOJJSTi NT AS ESTABLISFIED USING
THE FLORIDA DEPARTMENT OF TRANSPORTATION'S FLORIDA PERMANENT REFERENCE NETWORK
OF BASE STATIONS. THE COORDINATES AR! DISPLA'ED IN US SURVEY FEET.
4_ THIS DESCRIPTION IS BASED ON THE DIMENSIONS PROVIDED IN A IINf RIDARY SLR vEY TITLED
"THE CITY OF CLEARIMATER'S 111LE M COACHMAN PARK' AND OTHER CITY PROPERTIES,
PREPARED BY YACSUREEY. NC., ITS PRO.ECT 2016-023. ANI) HAMNG A SURVEY DATE OF
11/1/201v. NOTE THAT THE SEARING OF PIERCE STREET SHOWN ON THE SURVEY HAS BEM
REv15ED FROM 51sYt0'11'W TO sercer12'W. HONEMDR THE REUSED SURVEY HAS NOT YET
BEEN COMPLETED.
Awa Re
No a l w
Pal
111
aC=
FEU U
MO Aar
ISketch of Description I/ - ,2.
2.60aa Old City Hall Parcel
IESII�IIe
GIL 1eorge . oung, Inc.
IR R W11114411:17%.;_4. I I t. al l
I► RAN I.s sx
OR a �ii��liiirrs e_a RIeR7i
20
M.1rk�
LOT 2. !LOOK A (PON 7/57)
NE 147e0/l41e k OPE 18331/11
WWI ENE, A °d ecimal
�]iAMatot OF LOT s pT
242.1=9)
402.04
sor2rorc 387.172
LOT 3, BLOCK A (PBH 1/67)
0E21E2 M tl1Y PEN d 113/17M
E LICE OVXIC A
Eel 1A7)
LOT 4, $.CCI( A (PON 1/87)
%MDMUMFBI Ge113/11!
LOT 5, OLOc IAO 1 1/87)
VISId1 MErry
PER De 143/AN
1
E 7:Ir KAIEA IM CRY
PER Oe MAO
.or
15'
guji
tI
I
15'
b
M
r srr tO ear (241-1112/162— um(;Ws Asx II�1 -i T
PIERCE iTREET
(20' HALF RAV PER PBH I/b7)
pore CF COYMETICEIIENT
SE CCR CF' LOT 5, DU= A (PITH 1/a7)
NLD h1AC9JRYEY L8 7029"
N=1,320,478.398'
E-397,524.634'
LEGEND
= CEN1EEMJNE
CDR - CORNER
DNA - DEED BOOK/PACE
oAeg// - OFFlCI& RECORDS 0OOK/PAtrE
Pee// - PLAT BOOK/PACE
POHg/d - HILLSBOROUGH PLAT BOOIC/PAGE
RICNT--CF-INKY
N- - NORTHING(Y) COORDINATE
E- - EASTMIG(X) COORDINATE
ISP!
CRY of ClaNrinftif
tyres Amin
WIN
DIRND
FEU !lel
NM
N
SCALE 1'-10
p T CF 0EAN PIC
ir IRC
"FLORIDA D01
36470'12" R
19.00'
N00'O6'32''E
2D.00'
E
J
I
1
Sketch of Description
2.80ac Old C., Hon Parcel
WNWI -swamp 1y L
lea fI I
George F. Young, Inc.
i R MReI unq I� i 11�!L a iRe�elPAk
AMP aRw
EMI iii 14r
21
EXHIBIT "B"
Harborview Site
a portion of Pinellas County Property I.D. #16-29-15-57996-000-0030, not to exceed 1.5
acres in size
17072240v1
22
DESCRIP11ON
A portion of Lot 3 of Edward IY11e Subdivision. as shown on The plat recorded Ih Plat Bode 9,
page 36 of the Public Records of Plneilea County, Florida. AND a portion of Lots 1 & 5 of
Rompon's k Baskin's Corrected Map of Causeway Business District. as shown on the plat
recorded h Plat Book 57, page 1 of said Plbllc Records of Pinellas County„ sold portions being
more particularly described as follows:
Beginning at the Northeast corner of said Lot 3 of Edward Mills 5ubdlrtsicn; thence 5 00' 06'
32' W along the East line at said Lot 3, a distance at 21.59 test; thence N 76' 40' 00- Mr, a
distance of 216.39 feet; thence N OD' 43' 12' E. a distance of 27&93 feet: thence S 09` ii'
37' E. a dlete:Ice of 192.59 feel to the East line of said Lot 5 of Rampon's & Baskin's plat;
thence S 00' 06' 32' West. a distance of 304.12 feet to the Southeasterly corner of Lot I of
said Rompan's & Baekin's plot. said point oleo bee'Ig a point on The North line of said Lot 3,
Edward Mills SNbdMelon: thence 5 88' 29' 5r E along the North the of said Lot 3, a distance
of 15.00 feet to the Point of Beginning.
Containing 58,727 square feet, or 1.34818 acrese, more or lase.
NOTES
1. THIS IS A SKETCH TO ACCOMPANY A DESCRIPTION AS DEFINED IN 0-IAP1ER 5.-17.062 OF 1HE MINIM
ADMNISTRAIIVE CODE AND 15 NOT A FIELD 5URyEY.
2. BEARINGS SHOW HEREON ARE BASED ON GRID NORM, AS 11EFERENCED TO 111E FLORIDA STATE PLANE
COOROPIA1E SYSTEM. HEST ZONEE, AS ESTABUSHEO BY 1HE NATIONAL OCEAN SERVICES' PROGRAM OFFICE
NA110NAL GECCETIC SURVEY AND 1HE NEST LINE OF OSCEQA SIREET BEING SOU1H OO'O6'32' REST.
S COORDNATES S10Mr HEREON ARE REFERENCED TO FLORIDA STATE PLANE COORDINATES. WEST ZONE,
NORTH AMERICAN DATUM OF 19t3, 2011 AO,RJS1UENT AS ESTABLISHED USING THE FLORIDA DEPARTMENT
OF TRANSPORTATION'S FLORDA PERMANENT RACE NE71113111 OF BASE swims. . THE COORDINATES
ARE CISP..AYED IN US SURVEY FEET.
4. THIS DESCRIPTION IS BASED ON 1HE DWEl151ONS PRONDED IN A 8OL00ARY SURIEY AILED '1HE CITY OF
CLE:ARWA1ER'S TITLE IN COACHMAN PARK AND 011 -ER CITY PROPER11ES. PREPARED BY MACSURVEY.
ITS PRO.ECT 2018-023, AND HAMNG A SURte'r DATE CF 11/1/2018
5. PROPOSED P4FO1NATION PER STAN1EC BULLETIN 1 FILE 00C-01901 DA1ED 11/12/2021.
LEGEND
— CEA11ERJNE
COR — COMER
OBS/# — OEM ROOK/PACE
CRIBA/i = OFFICIAL RECORDS BOOK/PAGE
= PLAT BOOK/PAGE
P11140/# = HILLSBOROUGH PLAT BCbK f At
R/* = RIGFIr—or—NU►T
11= = NOR1HING(Y) COORDINATE
E— — EAS11NG(X) COORDINATE
I
I
m s Clearwater
ammo OFF Iya ItK
m as +p1[s
w>a aN W�
FEN IOW
NM
I Ske:tth of DeioriptiOII I1 Case mercial Parcel
IESIIOMI 111111111111111 MIL. ISE
IvGeorge . aur , Inc.
- ne ravel wsei a. WI "—sew
OA aTilallrffr
11=115.11111O0 1111111.111M11.11ee�r�y
mow11
Mit INMMeMI
am NIL
800041MS5
NE NI
1OF2
23
ILo-r w tEss 15' 1 LOT 5
(PM 4%10) (P811 7/19 & RB 4/I0)
:;''. ,
NUJOM? It Of
POOR= FACE
OF WWI • on01>nl
904110011YPOMO)tFAQ
Cr WO
S89113rE 102.4'
gamin ium NE COL O'T� 5
possgszo pais
EF OAP a (PB 57{1)
LOT I
h5Wfsm
oN scOs/41*
LOT 1
(PB 57/1)
115101 MI OW POI
ORO 7111101011
Pf4T OF 9EZIP 0
r€ COR OF LOT 3 (Pb 6J36)
NLD 9MACSIRYEY LB 792r
N=1.321.201.956'
E-397.531.011'
5an'STE 1 rs00'-1
NE cat LOT 1 9T/1j
LOT UNE
N
LOT LN!
.'
MIN= PM
abl Of
s. sok Mosso
cepor
PPM
ON=
ON
FES ORO
FlOO rITE
17131874v6
NM
LOT IMAM)
1 J1EEa IM OW Mc
71011/b
MAID r: OF LOT 3
SCALE 1.30.
9:1010632111
21.5W
Elf OF LOT 3FON
=MA= IT VINODOE1ih1!
I 1�
Sketth of Description � w
1.35ac Commercial Parcel
MOOMN 20 IO E.
George P. Sroung, Inc.
TO w r lne ? — a w�
Nmow
24
MOAN
kat t>.1In Min
J
I
I
3
t