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Resolution 2014-037RESOLUTION NO. 2014- 37 A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS AMENDING RESOLUTION 2009 -58, RELATING TO THE STEWARDSHIP SENDING AREA WITH A DESIGNATION AS "BCl/BCP SSA 10 "; APPROVING THE EXTENSION OF CERTAIN DATES TO MARCH 10, 2015 IN THE STEWARDSHIP SENDING AREA CREDIT AGREEMENT AND THE ESCROW AGREEMENT FOR BCIBCP SSA 10. WHEREAS, on March 10, 2009, the Board of County Commissioners created a Stewardship Sending Area with a designation of "BCl/BCP SSA 10" and entered into a Stewardship Sending Area Credit Agreement, a Stewardship Easement Agreement and an Escrow Agreement with Barron Collier Investments, Ltd. and Barron Collier Partnership LLLP; and WHEREAS, Barron Collier Partnership LLLP is successor by merger to Barron Collier Investments, Ltd. by Articles of Merger recorded on January 6, 2014 in Official Record Book 4998, Page 865, of the Public Records of Collier County, Florida; and WHEREAS, Barron Collier Partnership LLLP, represented by William Dempsey, Esquire of Cheffy Passidomo, P.A., has requested an extension to certain time frames to March 10, 2015 in the Stewardship Sending Area Credit Agreement for BCI /BCP SSA 10 and the Escrow Agreement for BCI /BCP SSA 10; and WHEREAS, the Board of County Commissioners agrees to the requested extensions. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: 1. The first amendment to the Stewardship Credit Agreement for BCI /BCP SSA 10, attached hereto as Exhibit 1, is hereby approved. 2. The first amendment to the Escrow Agreement for BCI /BCP SSA 10, attached hereto as Exhibit 2, is hereby approved. This Resolution adopted after motion, second and majority vote, this Z day of r- r 32014. ATTEST ;. • DWI614 .'M1Z0�Ik,I CLERK By: Deputy Cle Attest as to �airrn SiOmwe only" 1 of 2 BOARD OF COUNTY CW�MISSIONERS COLLIER COUNTY, WORIDA M HENNINGhChairman C ��'1 Approved as to form and legality: IJz4 (1 4- (4(--) �oc^ Hei i Ashton- icko Managing Assistant County Attorney Attachments: Exhibit 1 - Amendment to Stewardship Credit Agreement for BCI /BCP SSA 10 Exhibit 2 - Amendment to Escrow Agreement for BCI /BCP SSA 10 14-CM P -00911 / 15 2 of 2 (-I EXHIBIT 1 FIRST AMENDMENT TO STEWARDSHIP SENDING AREA CREDIT AGREEMENT (BCIBCP SSA 10) THIS AMENDMENT TO STEWARDSHIP SENDING AREA CREDIT AGREEMENT (hereinafter referred to as the "Amendment ") is made and entered into this ,2�4' 4- day of February, 2014, by and between COLLIER COUNTY, a political subdivision of the State of Florida, hereinafter referred to as "County" whose mailing address is the Harmon Turner Building, 3299 East Tamiami Trail, Naples, Florida 34112, and BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, successor by merger to Barron Collier Investments, Ltd., a Florida limited partnership, by Articles of Merger filed December 30, 2013, and recorded January 6, 2014, in Official Records Book 4998, Page 865, of the Public Records of Collier County, Florida, hereinafter referred to as "Owner," whose mailing address is 2600 Golden Gate Parkway, Naples, Florida 34105, for the purpose of extending certain dates. WITNESSETH: WHEREAS, Barron Collier Partnership, LLLP, and Barron Collier Investments, Ltd., submitted, and the County reviewed, a SSA Designation Application filed with the County on March 8, 2007, for the BCIBCP SSA 10 land; and WHEREAS, the County and Barron Collier Partnership, LLLP, and Barron Collier Investments, Ltd., entered into a Stewardship Sending Area Credit Agreement (`BCI /BCP SSA 10 ") on March 10, 2009 ( "Agreement "); and WHEREAS, due to the change in economic conditions in the State of Florida, the review and approval of the Barron Collier SRA has been delayed and the parties wish to amend the Agreement to extend certain dates. NOW THEREFORE in consideration of the above premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in further consideration of the mutual covenants contained herein, the parties agree as follows: 1. Paragraph 8 of the Stewardship Sending Area Credit Agreement (BCIBCP SSA 10) is amended to read as follows: 8. Restriction on Land Use Amendments. Upon designation of the land described in Exhibit "A" as an SSA, the Owner shall not seek or request, and the County shall not grant or approve, any increase in the density or any additional uses beyond those specifically authorized in this Agreement. Ninety - nine and eight tenths (99.8 %) of the lands subject to this Agreement are within an HSA as depicted on the RLSA Overlay Map, officially entitled "Collier County Rural and Agricultural Area Assessment Stewardship Overlay Map ". Upon designation of these lands as an SSA, the owner shall neither seek nor request, and the County shall not in WordsF are deleted and words underlined are added. Page 1 CAS violation of Sections 4.08.06 A.2. and 3., thereafter grant or approve any expansion or conversion of agricultural uses. Notwithstanding any condition herein to the contrary, this Agreement and the Stewardship easement shall terminate five (5-)si x6 years from its effective date unless the BCI /BCP SSA 10 Stewardship Credits have by that date been exchanged for entitlement of an SRA, and the SRA has received all necessary final and non - appealable local, state and federal permits other than a plat, site development plan or building permit, necessary to commence construction of the SRA. All affirmative obligations and negative covenants contained in this Agreement and the Stewardship Easement shall be null and void upon such termination without further action from the parties hereto. Upon such termination the land shall revert to its underlying zoning classification as of the date of this Agreement, free and clear of any encumbrance from the Stewardship Easement. If requested by the Owner, Collier County shall provide a written release and termination of this Agreement and the Stewardship Easement for recording in the public records within fifteen (15) days of the request from the owner. Collier County shall update the overlay map to reflect the termination of BCl/BCP SSA 10 or any SRA. 2. Except as amended herein, the Agreement shall remain in full force and effect. {Remainder of Page intentionally Left Blank} Words StFura k thFu are deleted and words underlined are added. Page 2 0 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers or representatives and their official seals hereto affixed the day and year first written above. BOARD OF COUNTY COMMISSIONERS COLLIER COUNT)(, FLORIDA B TOM HENNING, ATTEST:' s" DWIGJIT E: 'BROOK, Clerk By: De Jerk Aftes o Chairma ' signaturet*." APPROVED as to Form and Legality: d-J-�, A A k,, Heidi Ashton - Cicko, Managing Assistant County Attorney Page 3 0 Signed, sealed and delivered in the presence of f ` Witness: r V a "I, " M mulp .� , .i STATE OF El c r , L, COUNTY OF e o/ I e r BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership I F. Flofv�%�/o1.1imw:� Juliet C. Sproul, authorized "Agent" pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida . The foregoing instrument was acknowledged before me this l 7 th day of • e r 2014 by Juliet C. Sproul, authorized "Agent" pursuant to Designation of Authority recorded in OfficialAecords. Book 4419, Page 1393, Public Records of Collier County, Florida, on behalf _ BARRON COL_ LIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, who isCpgoonally known to .,__ or who has produced as identification. PAMELA MARTIN WALKUP •� Cmn*Wm # EE 158926 Expires March 28, 2016 „ ➢mdld Thu TMyPonlwnro�A00JE67p1➢ Page 4 Notary Public wo.�t Print a,me 1't /-? . My Commission Expires: ((D,-\( Signed, sealed and delivered in the presence of: Witness: o Q r Witness: &jtvJi.4 M. . STATE OF COUNTY OF BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership By: dwoLr— A�— Lamar Gable, authorized "Agent" pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida The foregoing instrument was acknowledged before me this k1 day of 2014 by Lamar Gable, authorized "Agent" pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida, on behalf of BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, who is personally known to me or who has produced as identification. Notary Public Print My Commission Expires Page 5 C \J Signed, sealed and delivered in the presence of: din -OTC Witness: c lip 1 /cZ j L4 2 Y Witness: . STATE OF r L4C""'� COUNTY OF C4=�k BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership Bradley Boaz, authoried ent" ant to Designation of Authority reco to Official Records Book 4419, Page 1393, Public Records of Collier County, Florida The foregoing instrument was acknowledged before me this 11 day of 2014 by Bradley Boaz, authorized "Agent' ' pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida, on behalf of BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, who is personally known t me or who has produced as identification. 862 -0002 #80 Page 6 Notary Public rc��r, W � 1 K--► �Sa � Print My Commission Expire 0110 EXHIBIT 2 FIRST AMENDMENT TO ESCROW AGREEMENT (BCl/BCP SSA 10) THIS AMENDMENT TO ESCROW AGREEMENT is made as of the d S ay of February, 2014, by and between Collier County, a political subdivision of the State of Florida ( "County"), BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, successor by merger to Barron Collier Investments, Ltd., a Florida limited partnership, by Articles of Merger filed December 30, 2013, and recorded January 6, 2014, in Official Records Book 4998, Page 865, of the Public Records of Collier County, Florida, (hereinafter "Owner "), and Cheffy Passidomo, P.A., (the "Escrow Agent'). RECITALS WHEREAS, Collier County, Barron Collier Partnership, LLLP, and Barron Collier Investments, Ltd., and Escrow Agent entered into an Escrow Agreement on March 10, 2009, pertaining to the Stewardship Sending Area designated as BCl/BCP SSA 10; and WHEREAS, due to the change in economic conditions in the State of Florida the Barron Collier SRA has been delayed and the parties wish to amend the Escrow Agreement dated March 10, 2009 to extend certain dates. AGREEMENTS NOW THEREFORE, in consideration of the mutual promises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. The above recitals are true and correct and incorporated herein by reference. 2. Paragraph 3 of the Escrow Agreement is amended to read as follows: The Escrow Agent shall deliver the original documents to the County for recording in the public records of Collier County upon presentment of the following by 13GY13CP Owner: a. An approved SRA for the Barron Collier SRA which requires the exchange of Stewardship Credits from BCl/BCP SSA 10 for the additional residential and non- residential entitlements; and b. All necessary final and non - appealable local, state and federal permits other than a plat, site development plan or building permit, necessary to construct the Barron Collier SRA consistent with the provisions of Section 4.08.07 of the Collier County Land Development Code; and Words stniek thfu are deleted and words underlined are added. /___1 In the event the approvals referenced above in the recitals are not delivered to the Escrow Agent on or before March 10, 24 4 2015, this Escrow Agent Agreement shall terminate and the original Documents shall be returned to -R Owner. If a challenge and/or appeal of necessary development order, permit or other discretionary approval is filed °�'�P Owner and County may elect to extend the Escrow Agreement by written agreement until the challenge or appeal is finally resolved. If the challenge or appeal is not resolved such that the construction may commence under terms acceptable to 13Q�BGP Owner, nGrGP Owner may within 180 days of the final disposition of the challenge or appeal terminate this Escrow Agreement. 3. Except as amended herein, the Escrow Agreement is dated March 10, 2009 remains in full force and effect. 4. Executed counter -part copies of the original of this document shall be treated as if the originals were so executed and shall bind the executing party and shall have the same force and effect as the original. Execution of this Agreement by facsimile shall be treated as an original. (Remainder of Page Intentionally Left Blank) Words str -uek thfn are deleted and words underlined are added. 2 U� IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to Escrow Agreement by their duly authorized officers or representatives and their official seals hereto affixed the day and year first written above. ATTEST: COLDER- COUNTY CLERK OF COURTS By: e uty ler Attest ��-to. . ��n`�s AMMllrn J11t�t1 I) as to Form and Legality: BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA By: ) Heidi Ashton- icko, Managing Assistant County Attorney WI SSES: ,-) "t. Witness: 4 Wi ess. 11 ESCROW AGENT: CHEFF ASSIDOMO, P.A. William J. ?em a ,Partner Date: I l A� BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership /I B iet C. Sproul, auth `Agent" pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida STATE OF rla r JR COUNTY OF The foregoing instrument was acknowledged before me this -LZ�Ilay of I" 2014 by Juliet C. Sproul, authorized "Agent" pursuant to Designation of Authority recorded in OfficialRecords Book 4419, Page 1393, Public Records of Collier County, Florida, on behalf of BARRON COL - R PARTNERSHIP, LLLP, a Florida limited liability limited partnership, who is ersonally known to me who has produced as identification. ►:rt PAMELA MARTIN WALKUP 3 ;.`. Conxnfsslon # EE 158926 Expires March 28, 2016 � Baid�dThuTioyFalnitrmb lOQ39S7019 4 Wa,,Vxz. ' 1. Notary Public a m e- Print >— My Commission Expires: 3 - 2- S -/ (o ON BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership By: 1 �- Lamar Gable, author ed "Agent" pursuant to Designation of Authority recorders in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida STATE OF COUNTY OF The foregoing instrument was acknowledged before me this 1 -1 day of FO-"' "C "I , 2014 by Lamar Gable, authorized "Agent" pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida, on behalf of BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, who is personal known to me or who has produced as identification. Notary Public Print My Commission Expires: C�� BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership By: _ 6 " A S�— — Bradley Boaz, autho ' "A t" pulsuant to Designation of Auth city recd Official Records Book 4419, Page 1393, Public Records of Collier County, Florida STATE OF COUNTY OF Co k 1 %'-1— The foregoing instrument was acknowledged before me this « day of VCs," , 2014 by Bradley Boaz, authorized "Agent" pursuant to Designation of Authority recorded in Official Records Book 4419, Page 1393, Public Records of Collier County, Florida, on behalf of BARRON COLLIER PARTNERSHIP, LLLP, a Florida limited liability limited partnership, who is pWonally known to me or who has produced as identification. 862 -0002 #82 M Notary Public �Y' � �^ W � I l�s• -� SAM Print My Commission Expires: • X20, 24v o .• . W 7d' i