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Resolution 2024-078 RESOLUTION NO. 2024-7 8 A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS ACKNOWLEDGING THE TERMINATION OF THE STEWARDSHIP SENDING AREA WITH A DESIGNATION AS "CDC SSA 16" CREATED BY RESOLUTION NUMBER 2008-330, AS AMENDED WHEREAS, on November 18, 2008, by Resolution No. 2008-330, the Board of County Commissioners created a Stewardship Sending Area with a designation of"CDC SSA 16" and entered into a Stewardship Sending Area Credit Agreement, a Stewardship Easement Agreement and an Escrow Agreement with CDC Land Investments, Inc.; and WHEREAS, on September 10, 2013, the Board of County Commissioners adopted Resolution No. 2013-201 to approve the extension of certain time frames to November 18, 2014 in the Stewardship Sending Area Credit Agreement and the Escrow Agreement for "CDC SSA 16"; and WHEREAS, on September 23, 2014, the Board of County Commissioners adopted Resolution No. 2014-188 to approve the extension of certain time frames to November 18, 2017 in the Stewardship Sending Area Credit Agreement and the Escrow Agreement for "CDC SSA 16"; and WHEREAS, on October 10, 2017, the Board of County Commissioners adopted Resolution No. 2017-186 to approve the extension of certain time frames to November 18, 2020 in the Stewardship Sending Area Credit Agreement and the Escrow Agreement for "CDC SSA 16"; and WHEREAS, on October 27, 2020, the Board of County Commissioners adopted Resolution No. 2020-189 to approve the extension of certain time frames to November 18, 2021 in the Stewardship Sending Area Credit Agreement and the Escrow Agreement for "CDC SSA 16"; and WHEREAS, pursuant to the terms of the Stewardship Sending Credit Agreement and Stewardship Sending Escrow Agreement, "CDC SSA 16" terminated on November 18, 2021 because "the CDC SSA 16 Stewardship Credits had not 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;"and WHEREAS, On January 22, 2024, CDC Investments executed a Notice of Termination of CDC SSA 16 recorded in OR Book 6329 Page 2288 of the Public Records of Collier County, Florida; and [24-CMP-0 1 2 22/1 8 5 566 8/1]12 SSA 16 Termination 1 of 2 03-28-24 WHEREAS, the Board desires to acknowledge the termination of CDC SSA 16. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA,that: 1. The Board acknowledges the termination of "CDC SSA 16" and hereby acknowledges the release and termination of the Stewardship Sending Credit Agreement, the Stewardship Sending Easement Agreement and the Stewardship Sending Escrow Agreement for"CDC SSA 16". 2. The Board acknowledges the termination of the Notice of Interim Land Use Limitations recorded in OR Book 4457 Page 1921 of the Public Records of Collier County, Florida, and all amendments thereto. 3. The Collier County Zoning maps will be updated to reflect the termination of"CDC SSA 16". 4. This Resolution will be recorded in the Official Land Records of Collier County. This Resolution adopted after motion, second and majority vote, this /L/ day of , 2024. ATTEST: BOARD OF COUNTY COMMISSIONERS CRYSTAL K. KINZEL,,.CLERK COLLIER COUNTY, FLORIDA • {J • k$11)1414, By: 4 By: Attest as to Cheirm arts Dpbty rk ris Hall, Chairman t, signature only Approved as to form and legality: °I-A°I\ Heidi Ashton- icko Z8 z Managing Assistant County Attorney [24-CMP-01222/1855668/1]12 SSA 16 Termination 2 of 2 03-28-24