CORPORATION TO DEVELOP COMMUNITIES OF TAMPA INC (CDC OF TAMPA)Return to:
Stan Sarnowski
CDC of Tampa
1907 E. Hillsborough Ave. Suite 100
Tampa, FL 33610
Parcel ID #: 10-29-15-33552-006-0390
SPECIAL WARRANTY DEED
THIS DEED, made th•is J J day of -727/2. r(J/ 2021, by and between the City of
Clearwater, (the "Grantor"), a Florida municipal corporation whose address is 600 Cleveland Street, Suite 600, Clearwater,
FL 33755, and Corporation to Develop Communities of Tampa, Inc (the "Grantee"), a Florida not for profit corporation whose
address is 1907 E. Hillsborough Ave. Suite 100, Tampa, FL 33610.
WITNESSETH: that the Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and other
good and valuable consideration, to it in hand paid by Buyer, the receipt and sufficiency of which is hereby acknowledged,
subject to rights reserved by Grantor as described herein, has granted, bargained, sold, conveyed and confirmed unto the
Buyer, and to its successors and assigns forever, all of the following piece, parcel, lot or tract of land, situate, lying and
being in the County of Pinellas and State of Florida, and described more particularly as follows, to wit:
Lot 39, Block F, GREENWOOD PARK NO.2, according to the plat
thereof as recorded in Plat Book 8, Page 16, Public Records of Pinellas
County, Florida.
The property must be used by Grantee for the sole purpose of constructing a single-family home to be
sold to a household whose total household income does not exceed one hundred twenty percent
(120%) of Area Median Income, adjusted for household size, as published by the United States
Department of Housing and Urban Development for Pinellas County. Grantee agrees to commence
construction of certain improvements on the Property within twelve (12) months of February 19, 2021.
Grantee further agrees to complete construction of such improvements within eighteen (18) months of
February 19, 2021. If Grantee has not commenced and/or completed construction of these
improvements within the timeframe(s) specified above, Grantee shall forthwith, upon the request of
Grantor, reconvey the Property to Grantor via Special Warranty Deed. The Grantor retains the
unilateral discretion to extend the above timeframes as it determines appropriate.
THIS DEED IS SUBJECT TO THE FOLLOWING: Applicable zoning restrictions and to easements,
reservations, and restrictions of record, if any, which are not specifically reimposed or extended hereby, and to taxes for the
year 2021 and subsequent years, if any.
AND the Grantor hereby covenants with the Grantee that the Grantor is lawfully seized of said land in
fee simple; that the Grantor has good right and lawful authority to sell and convey said land, and hereby warrants the title
to said land and will defend the same against the lawful claims of all persons claiming by, through or under the Grantor, but
against none other.
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TO HAVE AND TO HOLD the same together with all and singular, the appurtenances thereunto
belonging or in anywise pertaining all estate, right, title, interest and claim whatsoever of said Grantor, either in law or in
equity, to the only proper use and behoof of said Grantee, its successors, and assigns, forever.
IN WITNESS WHEREOF, the said party of the first part has caused these presents to be executed in
its name, and its corporate seal to be hereunto affixed, by its proper officers thereunto duly authorized, the day and year
above first written.
Approved as to form:
Laura Mahony
Senior Assistant City Attorney
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THE CITY OF CLEARWATER, FLORIDA
(GRANTOR)
By:
2,1,41-7/
ank Hibbard, Mayor
Attest:
C at (0
'Rosemarie Call
City Clerk