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Backup Documents 06/22/2021 Item #11E r-7 - ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 1 1 E IaTO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the County Attorney Office at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later than Monday preceding the Board meeting. **NEW** ROUTING SLIP I` Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete wi exception of the Chairman's signature,draw a line through routing lines#1 through#2,complete the checklist,and forward to the County Attorney Office. Route to Addressee(s) (List in routing order) Office Initials Date 1. County Attorney Office County Attorney Office 7 `\�0 �lb1 q'13 'l ' 2. BCC Office Board of County Commissioners , J S 7 -13)) 3. Minutes and Records Clerk of Court's Office W/3/2,1 /0,7rS— PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above,may need to contact staff for additional or missing information. Name of Primary Staff c Phone Number Contact/ Department �\ - v1 570 Agenda Date Item was ` Agenda Item Number Approved by the BCC ` 1 I ' E Type of Document (� Number of Original Attached - -��- Documents Attached PO number or account number if document is AC hed to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A"in the Not Applicable column,whichever is Yes N/A(Not appropriate. (I tial) Applicable) 1. Does the document require the chairman's original signature?(STAMP OK) N/A 2. Does the document need to be sent to another agency for additional signatures? If yes, * 1 N/A provide the Contact Information(Name;Agency;Address; Phone)on an attached sheet. I" 3. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman,with the exception of most letters,must be reviewed and signed by the Office of the County Attorney. 4. All handwritten strike-through and revisions have been initialed by the County Attorney's 1) N/A Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's �J signature and initials are required. I / 7. In most cases(some contracts are an exception),the original document and this routing slip Y should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on above date and all changes made during N/A is not the meeting have been incorporated in the attached document. The County an option for Attorney's Office has reviewed the changes,if applicable. this line. 9. Initials of attorney verifying that the attached document is the version approved by the N/A is not BCC,all changes directed by the BCC have been made,and the document is ready for the i) an option for Chairman's signature. this line. Ida 64And CON -fie QffliJ 2el '- o ) I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05; 11/30/12 1 1E MEMORANDUM Date: July 20, 2021 To: Jennifer Leslie, Operations Coordinator Corporate Business Operations From: Teresa Cannon, Deputy Clerk Minutes & Records Department Re: Economic Development Agreement Attached for your records is one (1) recorded copy of the document as referenced above, (Item #11E) adopted by the Board of County Commissioners on Tuesday, July 13, 2021. The original is being held in the Minutes & Records Department as part of the Official Records. If you have any questions, please feel free to contact me at 252-8411. Thank you. Attachment INSTR 6095922 OR 5982 PG 541 RECORDED 7/15/2021 1 34 PM PAGES 9 CLERK OF THE CIRCUIT COURT AND COMPTROLLER COLLIER COUNTY FLORIDA Prepared by: R E C$78.00 This space for recording Jeffrey A.Klatzkow County Attorney 3299 Taniaml Trail East,Suite 800 Naples,FL 34112 ECONOMIC DEVELOPMENT AGREEMENT This Economic Development Agreement (hereinafter referred to as "Agreement") is entered into this 22.11 day of a , 2021, by and between Collier County, a political subdivision of the State of Florida, through its Board of County Commissioners (hereinafter referred to as the "County"), and GWR Naples LLC, a Delaware limited liability company (hereinafter referred to as "Great Wolf'), whose address is do Great Wolf Resorts, Inc., 350 N. Orleans St., Suite 10000B, Chicago, IL 60654. RECITALS: WHEREAS, Collier County enjoys broad Home Rule Powers,which include the authority to enter into agreements to enhance economic development within the County; and WHEREAS, Florida Statute Sec. 125.045 expressly provides that"The governing body of a county may expend public funds to attract and retain business enterprises, and the use of public funds toward the achievement of such economic development goals constitutes a public purpose. The provisions of this chapter which confer powers and duties on the governing body of a county, including any powers not specifically prohibited by law which can be exercised by the governing body of a county, must be liberally construed in order to effectively carry out the purposes of this section;" and further that "it constitutes a public purpose to expend public funds for economic development activities, including, but not limited to, developing or improving local infrastructure, issuing bonds to finance or refinance the cost of capital projects for industrial or manufacturing plants, leasing or conveying real property, and making grants to private enterprises for the expansion of businesses existing in the community or the attraction of new businesses to the community;" and WHEREAS, Great Wolf is in the process of acquiring property to build a Great Wolf Lodge (hereinafter the"Facility")within the Interchange Activity Center No. 9 Innovation Zone, which Facility and parcel is identified in Exhibit A. The Interchange Activity Center 9 Innovation Zone Page 1 11E is comprised of Activity Center No. 9, as defined in the Future Land Use Element of the Collier County Growth Management Plan, together with additional adjacent vacant industrial land, as graphically described in Exhibit A of Ordinance 2018-39; and WHEREAS, it is anticipated that Great Wolf will be hiring hundreds of employees for this facility; and WHEREAS, the Board expressly finds that the development and opening of this Facility (the"Project")will result in substantial economic benefits to the County, including but not limited to the creation of hundreds of jobs and a net increase to the County's tax base. NOW, THEREFORE, in consideration of the foregoing Recitals, and other good and valuable consideration,the receipt and sufficiency of which is hereby mutually acknowledged,the Parties agree as follows: 1. The foregoing Recitals are true and correct and are incorporated by reference herein. 2. In recognition of the mutual desire of Great Wolf and the County to continually enhance the capabilities and success of area hospitality training and education to create long-term benefits for the local hospitality industry, Great Wolf will fund a program that delivers grants to area universities, colleges, and/or schools to enhance and benefit hospitality job training or education programs specifically in the areas of culinary arts, maintenance/engineering, and/or guest services. Great Wolf's funding commitment for the program will be $500,000 in the aggregate within a ten-year period, which period may begin in Great Wolf's discretion, provided Great Wolf shall have delivered at least $50,000 of the funding commitment no later than the one year anniversary of opening the Facility to the public. Great Wolf may satisfy all or any portion of the funding commitment by either delivering funds directly to one or more area universities, colleges, and/or schools, or by delivering the grant funds described herein to the County for further distribution to area universities, colleges and/or schools, which distribution and allocation shall be determined by the County so long as consistent with the use of funds described in this Section 2. 3. In recognition of the mutual desire of Great Wolf and the County to create a tourism destination area of which the Project will be a key component among others, Great Wolf will Page 2 1 1 E provide a payment to the County within thirty (30) days following Great Wolf's receipt of a Certificate of Occupancy (either temporary or final)for the Project that covers substantially all of the Project for consumer occupancy. Such payment shall be (A) dedicated for use by the County to design and build an amenity located outside of the Facility parcel and between the Project and the nearby sports complex that serves as a transition area to tie together the two facilities (the "Transition Amenity"), and(B)equal to the amount the County separately commits to funding the design and construction of Transition Amenity, provided Great Wolf's maximum matching amount to pay to the County under this Section 3 shall be $200,000 even if the County separately commits funds in excess of that maximum amount. 4. The Board hereby agrees to assist Great Wolf with this Project with grants during the construction phase of the Facility totaling $9 million as follows: A. $2.0 million paid to Great Wolf upon commencement of mass earthwork on the parcel, which commencement must occur no later than August 31, 2023 for Great Wolf to receive full payment of this portion of the grant except in the event of an Excused Delay. Should mass earthwork commence after August 31, 2023 (as such date may be extended by an Excused Delay), the County will reduce this portion of the Grant by $50,000 for each full calendar month by which commencement of mass earthwork is delayed beyond such date. Payment of the $2.0 million may be in the form of an offset against permit, impact or other fees that would otherwise be charged by Collier County to Great Wolf in the ordinary course and at the ordinary rates as part of the Project; provided, however, to the extent the aggregate total of all such offset fees incurred as of the commencement of mass earthwork or that are finalized and to be incurred within six months thereafter is less than $2.0 million as of the commencement of mass earthwork, Collier County shall make payment of such difference to Great Wolf no later than commencement of mass earthwork. B. $3.0 million paid to Great Wolf upon the Project's Architect of Record certifying that the Project's schedule is at least 50% completed (the "Architect Certification"). Payment of all or a portion of the $3.0 million may be in the form of an offset against permit, impact or other fees that would otherwise be charged by Collier County to Great Wolf in the ordinary course and at the ordinary rates as part of the Project; provided, Page 3 1 1 E however, to the extent the aggregate total of all such offset fees incurred as of the Architect Certification that have not previously been offset against payment owed by the County under Section 4.A. herein is less than $3.0 million as of the Architect Certification, Collier County shall make payment of such difference to Great Wolf no later than thirty days following its receipt of the Architect Certification. C. $4.0 million paid to Great Wolf upon issuance of a Certificate of Occupancy (either temporary or final shall vest Great Wolf's right to the payment) for the Project that covers substantially all of the Project for consumer occupancy. A Certificate of Occupancy must be issued no later than February 28, 2026 except in the event of an Excused Delay. Should a Certificate of Occupancy not be issued on or before February 28, 2026 (as such date may be extended by an Excused Delay), the County will reduce this portion of the Grant by $50,000 for each full calendar month by which issuance of a Certificate of Occupancy is delayed beyond such date. Time is of the essence with respect to the above payment schedule. All payments are conditioned on Great Wolf remaining current on all local taxes. As used herein, "Excused Delay" shall mean a delay or closure related to or arising out of any war, terrorism or the imminent threat thereof, insurrection, civil commotion, riots, labor disputes,the inability to secure adequate financing on commercial terms acceptable to Great Wolf, strikes, lockouts, embargoes, hurricanes or named windstorms, unusual weather, fire, casualty, pandemic, epidemic, quarantine, any other public health restrictions or public health advisories, disruption to local, national or international transport services, governmental restrictions, any rationing of public services or utilities, or litigation brought on by a third party (but only to the extent performance is enjoined by a court of competent jurisdiction as a result of such litigation), unavoidable casualties, other causes beyond the reasonable control of Great Wolf, or any unreasonable condition or delay by the County in providing any required approval or permit necessary for the Project, including, without limitation, authorization for commencement of mass earthwork or issuance of a Certificate of Occupancy. 5. The Board hereby agrees to assist Great Wolf with this Project during the operational phase with grants totaling$2.0 million per year for a total of three years, with the first Page 4 1 1 E installment due upon the first anniversary of the opening of the Facility to the public and the next two installments due on each anniversary thereof for the subsequent two years. 6. This Agreement is personal to Great Wolf, shall constitute a lien on the property (provided such lien shall be subordinate to any and all other security interests placed on the property), and cannot be assigned or transferred by Great Wolf without the prior written consent from the County other than as provided in this Section 6. Great Wolf may transfer its rights and obligations pursuant to this Agreement without the consent of the County to: (A) any affiliate of Great Wolf; (B) any lender as part of a collateral assignment thereto; and (C) upon prior written notice to County (so long as such notice is not prohibited under any applicable confidentiality obligations of Great Wolf), any assignee of Great Wolf's interest in this Agreement that agrees to assume all rights and obligations of Great Wolf hereunder. Any change of control of Great Wolf that does not cause Great Wolf to transfer its direct ownership rights in the Project shall not require consent of the County. 7. Unless extended by the County, this Agreement will be in substantial breach upon: (a) Great Wolf's submission for a building permit application with drawings that do not substantially conform to the specifications of the Facility as described herein. Upon the County's determination that the submitted drawings do not substantially conform to the specifications of the Facility as described herein, Great Wolf shall have 90 days from the County's written demand to submit revised drawings that substantially conform to the specifications of the Facility as described herein following the County's reasonable determination that the drawings do not so conform, and upon Great Wolf's failure to do so as reasonably determined by the County, this Agreement shall terminate unless Great Wolf is actively contesting the County's determination that the drawings are non-conforming; or (b) the failure by Great Wolf to open the Facility by February 28, 2026, as such date may be extended to the extent of an Excused Delay. Upon such a breach, all prior payments must be repaid to the County within 180 days from the County's written demand, and any future payments will become void; or (c)the closure of the Facility for 12 or more consecutive months within 10 years from the issuance of the final Certificate of Occupancy except in the case of a closure attributable to an Excused Delay. Upon such a closure, all grants paid under this Agreement must be repaid to the Page 5 1 1 E County within 30 days from the County's written demand, which amount will reduced by 10%for each and every full year the Facility is open following the issuance of the final Certificate of Occupancy; or (d) the failure of Great Wolf to fully fund the grant program described herein at Section 2 by the expiration of the ten-year period described therein; provided, however, Great Wolf shall not be in substantial breach of this Agreement for such failure unless and until its aggregate commitment remains less than fully funded for more than ninety days following the County's written notice of its determination that Great Wolf has failed to timely fund its aggregate commitment. Legal Matters 8. Except as otherwise provided herein, this Agreement shall only be amended by mutual written consent of the parties hereto or by their successors in interest. All notices and other communications required or permitted hereunder shall be in writing and shall be sent by Certified Mail,return receipt requested,or by a nationally recognized overnight delivery service,and addressed as follows: To County: To Great Wolf: Collier County do Great Wolf Resorts, Inc. Harmon Turner Building 350 N. Orleans St., Suite 10000B 3299 Tamiami Trail E., Suite 200 Chicago, IL 60654 Naples, Florida 34112 Attn: Development Department Attn: County Manager Phone: (708) 967-3300 Phone: (239) 252-8383 Facsimile: (239) 252-4010 Notice shall be deemed to have been given on the next successive business day to the date of the courier waybill if sent by nationally recognized overnight delivery service. 9. This Agreement constitutes the entire agreement between the parties with respect to the activities noted herein and supersedes and takes the place of any and all previous agreements Page 6 1 1 E entered into between the parties hereto relating to the transactions contemplated herein. All prior representations, undertakings, and agreements by or between the parties hereto with respect to the subject matter of this Agreement are merged into, and expressed in, this Agreement, and any and all prior representations, undertakings, and agreements by and between such parties with respect thereto hereby are canceled. 10. Nothing contained herein shall be deemed or construed to create between or among any of the parties any joint venture or partnership nor otherwise grant to one another the right, authority or power to bind any other party hereto to any agreement whatsoever. 11. This Agreement shall be governed by the laws of Florida. In the event state or federal laws are enacted after the execution of this Agreement, which are applicable to and preclude in whole or in part the parties' compliance with the terms of this Agreement,then in such event this Agreement shall be modified or revoked as is necessary to comply with such laws, in a manner which best reflects the intent of this Agreement. 12. Great Wolf shall execute this Agreement prior to it being submitted for approval by the Board of County Commissioners. This Agreement shall be recorded by the County in the Official Records of Collier County, Florida,within fourteen (14) days after the County enters into this Agreement. The County shall pay all costs of recording this Agreement. The County shall provide a copy of the recorded document to Great Wolf upon request. 13. In the event of a dispute under this Agreement, either party may file an action for relief in the Circuit Court of Collier County as the sole and exclusive venue for any dispute arising under this Agreement to enforce the terms of this Agreement, said remedy being cumulative with any and all other remedies available to the parties for the enforcement of this Agreement,with the prevailing party entitled to all costs and expenses associated with such suit, including reasonable attorney's fees. [Signature Page Follows] Page 7 1 1 E IN WITNESS WHEREOF, the Parties have executed this Agreement on the date and year first above written. ATTEST. , Crystal'K.fOri41,%erk of Courts BOARD OF COUNTY COMMISSIONERS ' "' COLLIE LINTY, FLORIDA u, ;, irl By: '•'', aS 0` al s, Deputy Clerk enny Ta or, Ch an ..y- Apprav . -1 r and legality: r Jeffrey �rr�K1 zkow, County Attorney Y AS TO GWR NAPLES LLC Signed, seal 72_ By: Signature ' 'Z").1 e,„P/L, i. 3Gc Cy,()5e � Printed Name vi cQ Pvt, tcle tAt povrip.s.tIc_. .r,..).ev.e00 ip t/y1 o 4 Title STATE OF L COUNTY OF Lc,I(p The foregoing Agreement was acknowledged before me by means of e-physical presence or o online notarization this t b day o,f,� �i' ..Q , 2021, by -VCc\ J. `J(:.CGI)Sc,," (name),uP pu neahi`c 0, titl ) on behalf of GWR Naples LLC, who is o personally known to me or Elias produced P i\JCc (,1.CQ,.Yl;e_ as proof of identity. 0 e "loirmiloi. liii ' M (:0 ;(712 --- L Si na e of Person TakingAcknowledgment STEPHANIE CHRISTENSON g g Notary Pablic,State Of Illinois My Commission Expires June 18, 2023 Commission W .^^c,'t7 Page 8 I 1 E EXHIBIT A DESCRIPTION OF FACILITY AND PARCEL FACILITY: A Great Wolf Lodge branded resort including 500 rooms with an indoor water park, outdoor pool, entertainment, restaurants, arcades, attractions, and meeting space, which amenities may be open to use for both hotel guests and daily visitors (provided, County acknowledges that space and amenities within the Facility may be repurposed from time to time based upon market conditions and changes in guest profile at the discretion of Great Wolf). PARCEL: Lot 10 as shown on the Plat of CITY GATE COMMERCE PARK, PHASE THREE REPLAT NO. 5 PLAT, recorded in Plat Book b%, Page d5 through a6,Public Records, Collier County, Florida. ALL THAT PART OF LOT 10 OF CITY GATE COMMERCE PARK PHASE THREE REPLAT NO. 4 AS RECORDED IN PLAT BOOK 68, PAGES 69 THROUGH 73 OF THE PUBLIC RECORDS OF COLLIER COUNTY, FLORIDA, BEING DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID LOT 10 RUN N89°13'00"E ALONG THE NORTHERLY LINE OF SAID LOT 10 FOR A DISTANCE OF 276.16 FEET TO A POINT OF CURVATURE; THENCE 486.04 FEET ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 4,915.00 FEET,A CENTRAL ANGLE OF 05°39'57" AND A CHORD DISTANCE OF 485.84 FEET, BEARING S87°57'00"E TO A POINT OF REVERSE CURVATURE; THENCE 510.46 FEET ALONG THE ARC OF A CURVE TO THE LEFT HAVING A RADIUS OF 5,162.00 FEET, A CENTRAL ANGLE OF 05°39'57" AND A CHORD DISTANCE OF 510.25 FEET, BEARING S87°57'00"E TO A POINT OF TANGENCY; THENCE N89°13'01"E FOR A DISTANCE OF 56.70 FEET; THENCE LEAVING SAID LINE S00°47'00"E FOR A DISTANCE OF 633.98 FEET; THENCE S89°13'01"W FOR A DISTANCE OF 1326.18 FEET TO THE WEST LINE OF SAID LOT 10; THENCE ALONG SAID LINE N00°54'49"W FOR A DISTANCE OF 683.20 FEET TO THE POINT OF BEGINNING; THE ABOVE DESCRIBES AN AREA OF APPROXIMATELY 879,099 SQUARE FEET OR 20.18 ACRES OF LAND. 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