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FLORIDA DEPARTMENT OF STATE DIVISION OF LIBRARY & INFORMATION SERVICES RESTRICTIVE COVENANTS o 1-20 1305 JUN- 13:':"200 1 2: OOPM PINELLAS CO BK 11422 PG 1571 1/111111111111111 1111111111 1111I1111111111111I1111 ~ THESE COVENANTS are entered into this I'). day of ~ ,2001, by City of Clearwater, Florida, a municipal corporation of Florida, w se address IS Post Office Box 4748, Clearwater, Florida 33758-4748, hereinafter referred to as "the Owner," and City of Clearwater, Florida, a municipal corporation of Florida, whose address is Post Office Box 4748, Clearwater, Florida 33758-4748, hereinafter referred to as "the Grantee/Lessee," and shall be effective, for a period of 20 years from the date of recordation by the Clerk of the Circuit Court of Pinellas County, Florida. RECITALS WHEREAS, the Owner is the fee simple titleholder of the Property located at 905 North Greenwood Avenue, Clearwater, Florida 33755, as further described in Exhibit "A," attached hereto and made a part hereof, hereinafter referred to as "the Property;" and WHEREAS, the Grantee/Lessee is to receive State Library Construction Grant funds administered by the State of Florida, Department of State, Division of Library and Information Services, R. A. Gray Building, 500 South Bronough Street, Tallahassee, Florida 32399-0250, "the Department" in the amount of $300,000.00; and WHEREAS, said funds have been or will be used for the construction of a new public library or expansion or remodeling of an existing public library on the Property as provided in Library Construction Grant Award Number 01-PLC-09. o,r-'~ /"- i -'I 'i"-.:/:::,~J ....::> AceT /~"o ~ 0 ~i;':::C d!/- Df~~;!'19 - - NOW THEREFORE, as part of the consideration for the grant, the Owner and the Grantee/Lessee makes and declares the following restrictive covenants which shall run with the title to said Property and be binding on the Owner and its successors in interest, if any, for the period stated in the preamble above: 1. The above Recitals are incorporated herein as if fully set forth. _ ~ r- (~,--h2-- t-t; C,) 1'--" MTF --- PiC __ m:v __ 2. The Owner and the Grantee/Lessee agree to maintain the Property so that .~,--~ it continues to be used for a public library. _ c;?~~t C:?'IrOo CHG AMT dlt/.()(;. 3. The Owner and the Grantee/Lessee agree that the Department, its agents and its designees shall have the right to inspect the Property at all reasonable times in order to ascertain whether the conditions of the grant and these covenants are being observed. 4. The Owner and the Grantee/Lessee agree that these restrictions shall encumber the property for a period of 20 years from the date of recordation, and that if these restrictions are violated within the 20 year period, the Department shall be entitled to liquidated damages pursuant to the following schedule: RETURN TO: I ,."" CITY CLERK POST OFFICE BOX 4748 CLEARWATER, FL 33758.4748 ! j:'-O () !)--.... 0 () / "', l5/ ) ;A PINELLAS COUNTY FLA, OFF, REC ,8K 11422 PG 1572 a. If the violation occurs within the first ten years of the effective date of these covenants, the Department shall be entitled to the return of the entire grant amount. b. If the violation occurs after the first ten years, the Department shall be entitled to return of the entire grant amount, less 10 percent for each year past the first ten. For example, if the violation occurs after the tenth anniversary of the effective date of these covenants, but prior to the twelfth anniversary, the Department shall be entitled to return of 80 percent of the original grant amount. 5. In the event of a violation of these restrictions after the first ten (10) years, the Department shall release the Owner and the Grantee/Lessee from their obligation to pay to the Department liquidated damages in accordance with paragraph 4 of these Restrictive Covenants if the Grantee/Lessee can demonstrate that public library service is available at an equal or higher level through another facility in the library service area. 6. The Owner agrees to file these covenants with the Clerk of the Circuit County of the Pinellas, Florida, and shall pay any and all expenses associated with their filing and recording. 7. The Owner and Grantee/Lessee agree that the Department shall incur no tax liability as a result of these restrictive covenants. IN WITNESS WHEREOF, The Owner and the Grantee/Lessee have read these Restrictive Covenants and have hereto affixed their signatures. OWNER Countersigned: CITY OF CLEARWATER, FLORIDA By: ~~I1-~---:JL William B. Horne, II Interim City Manager Leslie K. Dougall- s Assistant City Attorney 2 M ) COUNTY OF PINELLAS ) 'J.t. The foregoing instrument was acknowledged before me this II day of ~ ,2001 by BRIAN J. AUNGST, Mayor-Commissioner of the City of Clea ter, who is personally known to me. PINELLRS COUNTY FLR, OFF,REC,BK 11422 PG 1573 STATE OF FLORIDA ~ rk~ PrinUType Name: r Notary Public STATE OF FLORIDA ) COUNTY OF PINELLAS ) The foregoing instrument was acknowledged before me this II 'I-L day of ~.v"..L , 2001, by WILLIAM B. HORNE, II, Interim City Manager of the City of CI~ who is personally known to me. ~~~ Print/Type Name: Notary Public GRANTEE/LESSEE Countersigned: Bn/fzl/k Mayor-Commissioner CITY OF CLEARWATER, FLORIDA By:~B-~Ji William B. Horne, II I nterim City Manager Approved as to form: Attest: <--_ Q I ...QP . Leslie K. Dougall- i es Assistant City Attorney 3 .rtJ PINELLAS COUNTY FLA STATE OF FLORIDA ) OFF ,REC ,8K 11422 PG 1574 COUNTY OF PINELLAS ) __ __~ The foregoing instrument was acknowledged before me this /I 'f-t.. day of ~, 2001 by B. RIAN J. AUNGST, Mayor-Commissioner of the City of ~o is personally known to me. ~___ ct: ~ Print/Type Name: () Notary Public STATE OF FLORIDA ) COUNTY OF PINELLAS ) ~ he foregoing instrument was acknowledged before me this II day of ,2001, by WILLIAM B. HORNE, II, Interim City Manager of the City ater, who is personally known to me. C--J- ~. ~ Print/Type Name: Notary Public 4 .Ad , , , jp EXHIBIT "A" PINELLRS COUNTY FLR, OFF,REC,8K 11422 PG 1575 LEGAL DESCRIPTION OF THE PROPERTY The North 315 feet of the West 265.4 feet, more or less, of NEW COUNTRY CLUB ADDITION, Block E, unplatted Block E and % of vacated street adjacent on the East, LESS road right-of-way, as recorded in Plat Book 20, Page 64 of the Public Records of Pinellas County, Florida. 5