RELEASE OF MEMORANDUM OF DEVELOPMENT AGREEMENTPREPARED BY AND RETURN TO:
Michael P. Fuino, Esq.
Senior Assistant City Attorney
600 Cleveland Street, Ste. 600
Clearwater, FL 33755
RELEASE OF MEMORANDUM OF DEVELOPMENT AGREEMENT
KNOW ALL MEN BY THESE PRESENTS,
WHEREAS, the Community Redevelopment Agency of the City of Clearwater, Florida
("Agency") and The Ring Workspaces, LLC, ("Developer") entered into that certain
Development Agreement (the "Agreement") dated the 30th day of October 2017; and
WHEREAS, to evidence the Agreement, Agency and Developer executed that certain
Memorandum of Development Agreement dated the 3rd day of November 2017, (the
"Memorandum"), which Memorandum was recorded in the Public Records of Pinellas County,
Florida on the 13th day of November, 2017 in the Official Records of Pinellas County, Florida at
Book 19838, Page 39-40; and
WHEREAS, each of the parties has fulfilled all of their obligations under the
Agreement; and
WHEREAS, the parties desire to release each other from all terms and provisions of the
Memorandum and the Agreement.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein
contained, the parties agree as follows:
1. Recitals. The Recitals contained hereinabove are true and accurate and are
incorporated herein.
2. Release. Agency and Developer hereby release each other and any real property
that may be encumbered by the Memorandum from all terms and provisions of the Agreement
and the Memorandum.
3. Recordation. This Release shall be recorded in the Public Records of Pinellas
County, Florida and shall operate to release and terminate any potential clouds on the title of any
real property which may be encumbered by the Memorandum and the Agreement.
IN WITNESS WHEREOF, the said parties have signed this Release as of the %
day ofeGe61b9-( , 20 0)14
[G M 17-9311-025/211164/1]
SIGNED, SEALED AND DELIVERED:
Approved as to form:
Michael Fuino
CRA Attorney
COUNTERSIGNED:
Print Name:
Print Name:
STATE OF FLORIDA
COUNTY OF PINELLAS
COMMUNITY REVELOPMENT
AGENCY OF THE CITY OF
CLEARWATER, FLORIDA
Executive Director
Attest:
Rosemarie Call
City Clerk
THE RING WORKSPACES, LLC
anaging Member
The foregoing instrument was acknowledged before me this 26c day of
N oVEMeER , 202.4 , by Daniels Ikajevs, Managing member of The Ring Workspaces, LLC,
a Florida limited liability company. He is [ ] personally known to me or [ verproduced a valid
PLowoa driver's license as identification. y ((��
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Not�vada 1�ry Public
IGM17-9311-025/211164/11
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