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Backup Documents 03/25/2025 Item #16A 1 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 1 6 A TO 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 ` 6 Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. c n s•Ireasy impl a with the exception of the Chairman's signature,draw a line through routing lines#1 through#2,complete the checklist,and forward to the County.mey Office. Route to Addressee(s) (List in routing order) Office Initials Date 1. 2. Priscilla Doria Housing Policy & Economic PD 3/21/2025 Development Division 3 County Attorney Office County Attorney Office O fl,p `1 I 1`I l2 {{ 1 5 4. BCC Office Board of County r Commissioners 65 //►j'S] L.('(7/Z 5 5. Minutes and Records Clerk of Court's Office t"eSQ , 4172©?r PRIMARY CONTACT INFORMATION ( C ( ( � � 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 Priscilla Doria Phone Number 239-252-2413 Contact/ Department Agenda Date Item was March 25,2025 Agenda Item Number 16-A-1 Approved by the BCC Type of Document Termination of Agreements and Release of Number of Original 1 Attached Liens created with Arthrex Documents Attached PO number or account Email fully executed copy to: number if document is Priscilla.Doria@colliercountyfl.gov colliercountyfl.gov 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. (Initial) Applicable) 1. Does the document require the chairman's original signature? N/A 2. Does the document need to be sent to another agency for additional signatures? If yes, provide the Contact Information(Name;Agency;Address;Phone)on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be PD 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 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 PD 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 PD signature and initials are required. 7. In most cases(some contracts are an exception),the original document and this routing slip N/A 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 3/25/2025 and all changes made during N/A is not the meeting have been incorporated in the attached document. The County 00e 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 0 Of an option for Chairman's signature. this line. I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12 - -- 1 6 A y INSTR 6673629 OR 6461 PG 3941 RECORDED 4/25/2025 3:59 PM PAGES 11 PREPARED BY AND RETURN TO: CLERK OF THE CIRCUIT COURT AND COMPTROLLER DEREKD.PERRY,ESQ. COLLIER COUNTY FLORIDA COUNTY ATTORNEY'S OFFICE REC$95.00 3299 TAMJAMI TRAIL E.#800 NAPLES,FL 34112 TERMINATION OF ADVANCED BROADBAND INFRASTRUCTURE INVESTMENT PROGRAM AGREEMENT AND RELEASE OF LIEN This Termination of Advanced Broadband Infrastructure Investment Program Agreement and Release of Lien,is entered into on this 2ST" day of-/14 CfgCW 2025,by and between Collier County, a political subdivision of the State of Florida, through its Board of County Commissioners (the "County"),with an address of c/o County Attorney's Office, 3299 Tamiami Trail East, Suite 800, Naples, FL 34112, and Arthrex, Inc. and Arthrex Manufacturing, Inc. (collectively, "Arthrex"), with an address of 1370 Creekside Blvd,Naples, FL 34108. WHEREAS, the Arthrex is the beneficiary of certain financial incentives provided by Advanced Broadband Infrastructure Investment Program Agreement, dated January 24, 2012, and recorded in Official Record Book 4760, Page 471, in the Public Records of Collier County, Florida, attached as Exhibit"A" hereto and by reference incorporated herein (the`Agreement"); and WHEREAS, Arthrex was to create 600 new full-time jobs paying an average wage equal to or greater$59,580 and expand its existing Collier County business through the construction of a new 200,000 square foot (approximate) manufacturing facility to be located in Eastern Collier County and approximately 100,000 square foot renovation/expansion at its Creekside campus;and WHEREAS, the Agreement provided that through the Advanced Broadband Infrastructure Investment Program,the County would award Arthrex up to $25,000 for the cost of the approved business project's system installation or upgrade. IN WITNESS WHEREOF, the County and Arthrex hereby: 1. Incorporate all Recitals herein as if fully stated. 2. Terminate the Agreement with the Arthrex responsible for the cost of recording. 3. Release the lien created by Agreement, effective on the date of recording. 4. Arthrex. by its execution hereof certifies,represents and warrants to the County that: a. Arthrex has met and greatly exceeded its requirements of the creation and retention of 600 new full-time jobs paying an average wage equal to or greater $59,580 and expand its existing Collier County business through the construction of a new 200,000 square foot (approximate) manufacturing facility to located in Eastern Collier County and approximately 100,000 square foot renovation/expansion at its Creekside campus. b. The terms and conditions of the Agreement have been fully satisfied. [25-CMD-00199/1916396/1] Page 1 of 2 r: t 6A 1 U AS TO COUNTY: ATTEST.;' ''.�. �, BOARD OF COUNTY COMMISSIONERS OF C RYST,iwC.; K. KIIN/BL ,ERK COLLIER COUNTY, FLORIDA �/ Bv: `. ��41 By: Aftes as o ai �i >ti signature only , pep Cl ✓ Burt .. Saunders, C airman Ap roved as to form and le&• it}: r___,,___Nz Derek D. Perry -R) ti� Assistant County Attorney \`\\ AS TO ARTHREX: Witnesses(as to both): Akladt ____AA-41-.J Arthrex. Inc. Witness#1 Signature .b_a.._ybaLrA trill 13v': Witness#1 Printed Name Reinhold Schmieding. President Ilk Sl Witness#1 Mailing A dress 34�4— Arthrex Manufacturing, Inc. 4—%1}k V . Witness#2 Signature By: tat v►1�Ici Reinhold Schmieding, President Witness#2 Printed Name Ct- Witness#2 Mailing Address 4(0 8 STATE OF FLORIDA COUNTY OF COLLIER The foregoing instrument was acknowledged before me by physical presence this i‘r day of ipri I 2025, by Reinhold Schmieding, President of Arthrex, Inc. and Arthrex Manufacturing, Inc., on behalf of the companies,who is personally known to me. pitt.p 'hAtALL) Notan Signature �"li SUZANNE PAHL-BOLAND ksis. `a Commission*HFl 247237 Si A VI Cd 1 1141—6l a✓l d °'.1`•'' Expires 15'2026 Notary Printed Name [25-CMD-00199/1916396/1] Page 2 of 2 G 16A 1 EXHIBIT "A" 16A 1 INSTR 4652657 OR 4760 PG 471 RECORDED 1/31/2012 2:26 PM PAGES 8 DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT, COLLIER COUNTY FLORIDA REC S69.50 Prepared by: Jeffrey A.Klatzkow County Attorney 3299 Tamiami Trail East,Suite 800 Naples,F1.34112 j This space for recording ADVANCED-BROADBAND INFRASTRUCTURE INVESTMENT PROGRAM AGREEMENT This Advanced Broadband Infrastructure Investment Program Agreement ("Agreement") is entered into this ?J44\ day oI v-wc , 2012, by and between Collier County, a political subdivision of the S{ate of Florida, through its Board of County Commissioners, hereinafter referred to as"County," and Arthrex, Inc. and Arthrex Manufacturing, Inc.,hereinafter collectively referred to as"Arthrex." All capitalized terms not defined herein shall have the same meaning as set forth in the Collier Coyanty Advanced Broadband Infrastructure Investment Program Ordinance, Ordinance No.2005-56/ � as amended. RECITALS; i WHEREAS, on November I, 2005, The B9ard.of County Commissioners ("Board") enacted Collier County Ordinance No. 2005-56, commortiy_referred to as the Collier County Advanced Broadband Infrastructure Investment Program OrdJpance, codified as Article V of Chapter 49 of the Code of Laws and Ordinances of Collier County,Florida,hereinafter referred to as the "Ordinance;"and ` WHEREAS, the Ordinance provides that its purposes are to: (I) stablish an advanced broadband infrastructure investment program for the purpose of e-iihaneing Collier County's economic diversification efforts; (2) Provide for the economic well being of Collier County residents by providing better opportunities for high-wage employment in"Collier County; (3) Lessen the seasonal cycle of Collier County's economy; and (4) Encourage investment opportunities for new or existing companies thus increasing and diversifying the County's tax base;"and WHEREAS, to he considered eligible for approval under this Program. a business or project must meet certain stated criteria, including that (I) the business or project is located within Eastern Collier County; is within the targeted industry list of the Economic Development Council of Collier County; and creates a minimum of 10 new full-time jobs paying an average Paec 1 '14 16A 1 OR 4760 PG 472 wage of at least 115 percent of the County's current private-sector average wage; or (2) the business or project is a high impact project, located outside the enterprise community and Eastern Collier County: is within the targeted industry list of the Economic Development Council of Collier County; and creates a minimum of 20 full-time jobs paying an average wage equal to or greater than 150-ifer _ejit of the County's current private-sector average wage;and WHEREAS, Aikhrex submitted an application to be considered for the Program for two Projects. The first ProjeC1 involves the construction in Eastern Collier of a manufacturing facility of approximately 200,001 square feet, to be located on a parcel whose legal description is attached as Exhibit A and is..incorOorated by reference herein. The second project involves the expansion of its existing Cveekside campus by approximately 100,000 square feet of new/renovated facilities,to be located ott)parcel(s)whose legal description is attached as Exhibit B and is incorporated by reference herein. ) copy of this application is on file in the Growth Management Division, Impact Fee Administration Office. Arthrex is proposing to create 600 new qualifying jobs, phased over a three-year per cid, commencing June 30, 2014, at an average wage of S59,580 between both Projects; and WHEREAS, the County Manager and staff have reviewed the application and, based on the representations therein, found that it complied with the requirements for the Advanced Broadband Infrastructure Investment Program as outlined'arjdiet forth in the Ordinance;and WHEREAS, at its June 28, 2011 regular public ineel'ing)the Board, having reviewed the application as well as the findings of the County Manager and staff, and following public comment on this matter(1) found that Arthrex meets the requirements for the Program as outlined and set forth in the Ordinance, and(2)directed staff to prepare this Agreement for its review. NOW, THEREFORE, in consideration of the foregoing Recitalsrinl other good and valuable consideration,the receipt and sufficiency of which is hereby mutual aeowledged,the parties agree as follows: 1. The foregoing Recitals are true and correct and are incorporated by reference herein. 2. The Board hereby agrees to enroll Arthrex into the Collier County Advanced Broadband Infrastructure Investment Program under the terms and conditions set forth below to assist Arthrex in expanding its existing Collier County' business through the construction of a new 200,000 square foot (approximate) manufacturing facility to be located in Eastern Collier County Pace 2 �.t�J 16A 1 OR 4760 PG 473 and approximately 100,000 square foot renovation/expansion at its Creekside campus. Arthrex may utilize the award in either facility or may apportion the award between the two facilities. Prior to the issuance of the award Arthrex will notify the County in writing how it wishes to utilize the award. 3. In ctcristOration for such assistance,Arthrex hereby accepts the benefits and burdens set forth below arid iri O rdinance 2005-56, as amended. Should this Agreement conflict with Ordinance No.2005-56-,—parties agree that the terms of the Ordinance shall prevail. 4. This Agreement will commence upon its execution by the County, and will terminate with the final Program payment to Arthrex. Arthrex must be fully compliant with its initial Program eligibility throug lout the term of this Agreement. 5. The total value of payr‘entw%to be approved under this Agreement will be the cost of the approved business project's system installation or upgrade, up to a maximum of SS25,000. The funds will be paid in equal installments-over a'three-year time period, at the beginning of each fiscal year, beginning in the fiscal year after/the infrastructure improvements have been verified as complete by the County Manager or his desigce`,This award is subject to funding availability for each fiscal year. 6. Arthrex will notify the County Manager-o his designee, in writing, once the broadband infrastructure installation is complete. The County Manager or his designee will verify project completeness and obtain a copy of all invci ci esjdetailing costs related to such project. Arthrex will pay, or have already paid, its tax bill- in full to the Collier County Tax Collector's office annually on or before the date it is finally due.U ndcr this program, applicants are not eligible to pay their taxes on an installment basis. Arthrex wilithen submit a copy of their ad valorem tax payment receipt to the County Manager or his designee':vcrif ing all taxes have been paid in full and on time for each year the company is eligible for payment under this program. Upon receipt, and verification of compliance with the terms of the4D3inance and this Agreement,payment to the applicant will be authorized within 60 days. 7. If the property which is subject to this Agreement is delinquent in the payment of its annual taxes or special assessments at any time within the payment period, then any outstanding balance to be paid will not be made unless and until all outstanding ad valorem property taxes and special assessments are paid in full. Page 3 16A 1 OR 4760 PG 474 8. An annual review and audit of performance under this Agreement shall be performed by the County Manager or his designee to determine whether there has been good faith compliance with the terms of this Agreement. Arthrex shall give the County auditor full access to its business records and business premises as required to certify the created jobs. Arthrex understands that-it irjust maintain the minimum number of qualifying jobs set forth in the Ordinance over the entire term of this Agreement. If the County Manager or his designee finds, on the basis of substantial competent evidence, that there has been a failure to comply with the terms of this Agreement,the Agreement may be revoked or unilaterally modified by the County. Arthrex shall be given 10 business/days prior written notice of any review and audit. In addition to an annual audit, within 10 business days from the County's written request, Arthrex will provide the County with all request documentation required to verify compliance with the terms of the Ordinance or this Agreement. • 9. Neither the payment of fund Ztof this Agreement, may be transferred, assigned, credited or otherwise conveyed without priof W itfen approval from the County, which approval may be freely withheld. This Agreement will ru�vf the land. 10. In the event Arthrex is in default under.this Agreement, and the default is not cured • within 30 days after written notice is provided to Arthtex,the Board may bring a civil action to enforce this Agreement or declare that the grant funds afre.thence immediately due and payable. The Board is entitled to recover all fees and costs, including,'a to9tey's fees and costs, incurred by the County in enforcing this Agreement, plus interest at the then maximum statutory rate for final judgments, calculated on a calendar day basis until paid. By Nvayrof example and not as a limitation, this Agreement will be in substantial breach upon the •f flowing events: (1) any change in the status of the business or project such that it no longer meets.-the required Program criteria, including maintaining the minimum number of qualifying jobs42y failure to fully comply with all reasonable requests during any County audit conductdursuant to this Agreement; and (3) upon the County Manager or his designee being informed of a material misrepresentation in the Application. 11. The County shall record this Agreement in the Public Records of the County, with all costs of recording being paid by Arthrex. After all obligations have been met,a satisfaction of agreement will also be recorded at Arthrcx's sole expense. Page 4 16A 1 OR 4760 PG 475 IN WITNESS WHEREOF, the Parties have executed this Agreement on the date and year first above written. / / Attest: % DWIQ K,E.BROCIC CI k BOARD OF COUNTY COMMISSIONERS r1*t �'�� COLLIER COUNTY,FLORIDA �7` By:• -` Atte'--t17.0.to:-Cho 9611103i9l"erk 1 FRED W. COYLE,Chai / J1 App ed to form and 1 \Re end Approval: legal cy Jeffrey a ow N asalangu' a Coun A' orney eputy'Administrator Grov5h1v9nagement Division Page 5 16A 1 OR 4760 PG 476 AS TO ARTHREX,INC. AND ARTHREX MANUFACTURING,INC. Signed,s led and Deli er in the pr-sence of: By: E'r- Signature R. S tt Price, Vice President A / Arthrex, Inc. and Arthrex Manufacturing Inc. �/T Printed Name ,.(2/(.././70Z1,,,,,__. / Si ature ,Iv 60 . (21(4C--ce Printed Name c ' y. fj . STATE OF FLORIDA )' COUNTY OF COLLIER 111 A he foregoing Agreement was acknowledged before me this /3� day of 2012, by R. Scott ''ce ,President Arthrex, Inc. and Arthrex Manufacturing, Inc. who is ersonally knos)71 to me or has produced as proo oide tity. -----(Z �n r__,_ PeLf [NOTARIAL SEAL] �, ( /n ,Y /6 Signature of Person T i Acknowledgment 'x-'4r, Notary Pubic Stale of Flonda Donna J Brown i - not My COTTISson EEIC,419 1,0.no ExpresC�'27/2015 ..- / Pale 6 C''t) 16A 1 OR 4760 PG 477 Exhibit A RHODES&RHODES LAND SURVEYING, INC PRIM DO:N7TAGRANDEDR STE 107 BONITASPRINOtS FLORIDA 34135 P11O.N7(1 9)4O. 8l61 FAX'OM)Id5F167 LEGAL DESCRIPTION BEING A PORTIONOV•SECI'ION 17,TOWNSHIP 48 SOUTH,RANGE 29 EAST,COLLIER COUNTY, FLORIDA,BEING MORE P TICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE SOUTHWEST 1 OF SECTION 17, TOWNSHIP 48 SOUTII,'kANGE 29 EAST, COLLIER COUNTY, FLORIDA; THENCE SOUTH 88°55'34" WEST, ALONG THE SOUTH LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 17, A DISTANCE OF 939.19 FEET;THENCE NORTH o1°04'26"WEST,A DISTANCE OF 350.01 FEET TO THE POINT OF BEGINNING OFE PARCEL OF IAND HEREIN DESCRIBED,THE SAME BEING A POINT ON THE BOUNDARY THOSE CERTAIN LANDS DESCRIBED AS'EXHIBIT"A"-D.R.I. LANDS' AND RECORDED IN OFFICIAL,RECORDS BOOK 4040, PAGE 1711 OF THE PUBLIC RECORDS OF SAID COLLIER COUNTY, FLORIDA; THENCE RUN THE FOLLOWING THREE (3) COURSES ALONG THE BOUNDARY-OF LAST SAID LANDS; COURSE NO. I: SOUTH 88°55'37" WEST, 188.88 FEET; COURSE NO. 2: SO ° 256" WEST, 1,286.63 FEET; COURSE NO.3; NORTH o0°27'04" WEST, 715.99 FE 'QI;tTING FROM SAID LANDS, NORTH 89°32'56" EAST, A DISTANCE OF 1 ( ' ON A NON-TANGENTIAL CURVE; ALONG SOUTHEASTERLY, 443. ALO THE A )3I. CIRCULAR CURVE, CONCAVE NORTHEASTERLY, HAVING A o43.410.FEET, H UGII A CENTRAL ANGLE OF 24°21'36"AND BEING SUBTEN ED� .A-€I:iO II III' t S OUTH 22°31'06" EAST,440.53 FEET; THENCE SOUTH 34° 1'5 7 D 25 15 FEET TO A POINT OF CURVATURE; THENCE SOUIII E G HE ARC OF A CIRCULAR CURVE. CONCAVE SOUTHWES R Y, V N QF 56.0o FEET, THROUGH A CENTRAL ANGLE OF 13°54'021 ORD WHICH BEARS SOUTH 27°44'53"EAST, 110.36 FEET TOE POINT OF BF.GI :1G. 1 CONTAINING go9,765 SQUARE , R 20.89 ACRES, S. SUBJECT TO EASEMENT,RESERVA f1 CANS OF RECORD. F CI // BEARINGS ARE BASED ON THE SOUTH LINEOF THE SOUTHWEST 1/4 OF SECTION 17, TOWNSHIP 48 SOUTH, RANGE 29 EAST, COLLIER COUNTY, FLODA, AS BEING SOUTH 88°55'34"WEST. I t`T 1 6 A 1 *** OR 4760 PG 478 *** EXHIBIT"B" Legal Description Folio#: 2933400094AND 29334000029 Legal Descriptionrt9TS 9 AND 10 UNIT 1,CREEKSIDE COMMERCE PARK WEST #29334000045-7' Unit 2. Creekside Flex I;according to the Declaration of Condominium thereof as recorded in Official Records Book 4103,page 2598 of the Public Records of Collier County,Florida. _ / i #29334000029 Unit I,of Creekside Flex 1,Aton)mercial Land Condominium,according to the terms and conditions of the Declaration of.Condominium thereof recorded in O.R.Book 4103, Pages 2598 et seq.,as amended,of the,Public Records of Collier County,Florida. Folio#29331193104 Legal Description: Creekside Commerce Park'cVest,'lfnit Two,Lot 7 Folio#29331190741 Legal Description: Creekside Commerce Park West.Unit On5oj 4 Folio#29331193120 I Legal Description:Creekside Commerce Park West,Unit Two,Lot 8. r- Folio#29331193081 i Legal Description: Creekside Commerce Park West,Unit Two, Lot 6 Folio#: 00168049000 Legal Description: 27 48 25 COMM NW CNR SEC 27,S 125.02FT,N 44DEG E 34.99FT,S 89DEG E 573.45FT, S 89DEG E 500.61FT,S 89DEG E 768.26FT, S 02DEG E 1017.96FT, CONT S 02 DEG E 64.06E7 to POB;SWLY 631.99FT,S 62.01FT,S73DEG E 658.13F7,N 02DEG W 392.22 TO POB Page 8 - - - - 16A INSTR 6673615 OR 6461 PG 3896 RECORDED 4/25/2025 3:51 PM PAGES 10 CLERK OF THE CIRCUIT COURT AND COMPTROLLER PREPARED BY AND RETURN To: COLLIER COUNTY FLORIDA DEREK D.PERRY,ESQ. REC$86.50 COUNTY ATTORNEYS OFFICE 3299 TAMIAMI TRAIL E.#800 NAPLES,FL 34112 TERMINATION OF JOB CREATION INVESTMENT PROGRAM AGREEMENT AND RELEASE OF LIEN This Termination of Job Creation Investment Program Agreement and Release of Lien, is entered into on this Z 517.day of,M atzoi 2025, by and between Collier County, a political subdivision of the State of Florida, through its Board of County Commissioners (the `County"), with an address of c/o County Attorney's Office, 3299 Tamiami Trail East, Suite 800,Naples, FL 34112, and Arthrex, Inc. and Arthrex Manufacturing, Inc. (collectively, "Arthrex"), with an address of 1370 Creekside Blvd,Naples, FL 34108. WHEREAS, the Arthrex is the beneficiary of certain financial incentives provided by Job Creation Investment Program Agreement, dated January 24, 2012, and recorded in Official Record Book 4760, Page 464, in the Public Records of Collier County, Florida, attached as Exhibit "A" hereto and by reference incorporated herein(the"Agreement"); and WHEREAS, Arthrex was to create 600 new full-time jobs paying an average wage equal to or greater$59,580; and WHEREAS, the Agreement provided that through the Job Creation Investment Program, the County would award grant monies to Arthrex totaling $1,200,000. IN WITNESS WHEREOF,the County and Arthrex hereby: 1. Incorporate all Recitals herein as if fully stated. 2. Terminate the Agreement with the Arthrex responsible for the cost of recording. 3. Release the lien created by Agreement, effective on the date of recording. 4. Arthrex, by its execution hereof certifies, represents and warrants to the County that: a. Arthrex has met and greatly exceeded its requirements of the creation and retention of 600 new full-time jobs paying an average wage equal to or greater $59,580. b. The terms and conditions of the Agreement have been fully satisfied. [SIGNATURE PAGE TO FOLLOW] [25-CM D-00199/1916372/1] Page 1 of 2 - 1 6 A 1 -,;; AS TO COUNTY: ATTEST: .,` ` ".. z,.,,, BOARD OF COUNTY COMMISSIONERS OF CRYSTAL 1(..-KINZEI.7,,AERK COLLIER COUNTY, FLORIDA A lc QJ 1- By: .cttti -- Attest as to ChairrnF: tv (' ' Burt L. Saunders, C airman #e. signature only roved as to form and le ality: Dt Derek D. Perry 5 nY 'V Assistant County Attorney \\h\ \ AS TO ARTHREX: Witnesses(as to both): ‘7.)11L-(2 Arthrex, Inc. itness #1 Signature ill 'x-%fi- i c( By: Witness#1 Printed Name Reinhold Schmieding, President 13-7 b Crleek 'A4 Al,4 Ocvok>5 Ft 3 t//t7 Witness#1 Mailing Address Arthrex Manufacturing. Inc. Ktvc-34 1/i&---1._ Witness#2 Signature 2 I\ UlDl�} By, r7n Reinhold c ieding, President Witness #2 Printed Name `17,10I40 I /3v Co e_k s;p1t. 7k1-t/y NAP/3 I --. \V itness#2 Mailing Address 34ID, STATE OF FLORIDA COUNTY OF COLLIER �/ �� The foregoing instrument was acknowledged before me by physical presence this 4'4&-day of Mit 2025, by Reinhold Schmieding, President of Arthrex. Inc. and Arthrex Manufacturing. Inc., on behalf of the companies.who is personally known to me. !° ; BARBARABIRCH Notary Signature ' ; Commission#HH 165407 1-1 :,; a`a Expires August ai 2025 to Q,� ` () "1�EOOPf i�P� Bonded F u Troy Fah Insurance 811a39S7019 ( ' YX/1 Notary Printed Name [25-CMD-00199r 1916372,11 Page 2 of 2 16A 1 EXHIBIT "A" 16A 1 INSTR 4652656 OR 4760 PG 464 RECORDED 1/31/2012 2:26 PM PAGES 7 DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT, COLLIER COUNTY FLORIDA REC $61.00 Prepared by: Jeffrey A.Klatckow County Attorney 3299 Timis mi Trail East.Suite 800 Naples,FL 34112 This space for recording JOB'C,RE TION INVESTMENT PROGRAM AGREEMENT This Job Creation_kfvestment Program Agreement ("Agreement") is entered into this 248-1-‘,day of Za.r. rL\ ,2912,by and between Collier County, a political subdivision of the State of Florida, through i y Board of County Commissioners, hereinafter referred to as "County," and Arthrex, Inc. and Artilarex Manufacturing,Inc., hereinafter collectively referred to as"Arthrex." r ReCITALS: WHEREAS, on November 18, 2663 The Board of County Commissioners ("Board") enacted Collier County Ordinance No.2003�0 orpmonly referred to as the Collier County Job Creation Investment Program Ordinance, codife)l ,Article III of Chapter 49 of the Code of • Laws and Ordinances of Collier County Florida, l'eitlafter referred to as either the "Program;" and /r WHEREAS, the Program provides that its purposes';are to: (1) provide a performance- based program offering financial relief for eligible targetedstry development or expansion projects in Collier County to mitigate the effects of rising fees, ail6ng jvith escalating relocation and expansion costs, associated with these projects; (2) provide fo-ri the economic well being of Collier County residents by providing high-wage employment opportunities in Collier County; (3) lessen the seasonal cycle of Collier County's economy; and (4)'enc)tage investment opportunities for new or existing businesses thus increasing and diversifying (he.County's tax base;"and WHEREAS, to be considered eligible for approval under this Program, a business or project must meet certain stated criteria, including (1) The business or project is located within Eastern Collier County; is within the targeted industry list of the Economic Development Council of Collier County; and creates a minimum of 10 new, qualified full-time jobs paying an average wage of at least 115 percent of the County's current private-sector average wage; or(2) The business or project is a high impact project, located outside the enterprise community and Page 1 16A 1 OR 4760 PG 465 Eastern Collier County; is within the targeted industry list of the Economic Development Council of Collier County; and creates a minimum of 20 new, qualified full-time jobs paying an average wage equal to or greater than 150 percent of the County's current private-sector average wage;and WHEREAS,' ex submitted an application to be considered for the Program for two Projects. The f sject involves the construction in Eastern Collier County of a manufacturing facilitypproximately 200,000 square feet, to be located on a parcel whose legal description is attacbet{ Exhibit A and is incorporated by reference herein. The second Project involves the expansion,o its existing Creekside campus by approximately 100,000 square feet of new facilities, to a located on parcels whose legal descriptions are attached as Exhibit B, incorporated by referee herein. Copies of these applications are on file in the , Growth Management Division,Impact Fee Administration Office. Arthrex is proposing to create 600 new, qualifying jobs by June 30,,2-01,6,_at an average wage of S59,580 between both Projects;and } f" , WHEREAS, the County Manager andffi ve reviewed the application and, based on the representations therein, found that it complies with the requirements for the Job Creation Investment Program as set forth in the Ordinance;and/ WHEREAS, at its June 28,2011 regular public rneetixg the Board,having reviewed the application as well as the findings of the County Marfagef d staff, and following public comment on this matter (1) found that Arthrex meets the--r6quirements for the Program as outlined and set forth in the Ordinance, and (2) directed staff to6iepftre this Agreement for its review. 't r J NOW, THEREFORE, in consideration of the foregoing Recital's,�and other good and valuable consideration, the receipt and sufficiency of which is hereby Mutually acknowledged, the Parties agree as follows: .7- 1. The foregoing Recitals are true and correct and are incorporated by reference herein. 2. The Board hereby agrees to enroll Arthrex into the Collier County Job Creation Investment Program under the terms and conditions set forth below to assist Arthrex in expanding its existing Collier County business through the construction of a new 200,000 square foot (approximate) manufacturing facility to be located in Eastern Collier County and approximately 100,000 square feet of new/renovated facilities in its Creekside campus. Page 2 --- r 1r jl 1 6 A 1 OR 4760 PG 466 3. In consideration for such assistance, Arthrex hereby accepts the benefits and burdens set forth below and in Ordinance 2003-60, as amended. Should this Agreement conflict with Ordinance No.2003-60,the parties agree that the terms of the Ordinance shall prevail. 4. Arthrex intends to create 600 new, qualifying jobs phased over a three-year period at an average yrargioo $59,580. The first 400 jobs are projected to be created no later than June 30, 2014. 'Fie ' d 100 jobs arc projected to be created no later than June 30, 2015. The final 100 jobs are jected to be created no later than June 30,2016. 5. Arthrex is here" y awarded a grant in the sum of S1,200,000, representing$2,000.00 per new full time job created,tqb' paid based on the Job Creation Phases 1 through 3 schedules as follows: (a) On or shortly after JurC30)2014, the County Manager or his designee shall verify whether at least 400 qualified jobs have been created. If verified, the County will pay Arthrex the first sum of„$/64,666.67,after October 1,2014. (b) On or shortly after June 30, 1 -,-tote County Manager or his designee shall verify whether the 400 qualified jobs still in place and whether 100 additional Qualified Jobs have been created. eff/verified, the County will pay Arthrex the J ,. second sum of$266,667.67 for Phase 1 ar}d'first sum of S66,666.67 for Phase 2, after October 1,2015. p i (c) On or shortly after June 30, 2016, the County manager or his designee shall verify whether the 500 qualified jobs from Phase 1 an Phase 2 are still in place and whether 100 additional qualified jobs have been created) If verified, the County will pay Arthrex the final sum of$266,666.66 for PhasFel��allnd the second sum of $66,666.67 for Phase 2 and the first sum of$66,666.67 for Pliae 3,after October 1, 2016. .- �} J (d) On or shortly after June 30, 2017, the County Manager or his designee shall verify whether the 600 qualified jobs from Phase 1, Phase 2 and Phase 3 are still in place. If verified,the County will pay Arthrex the final sum of S66,666.66 for Phase 2 and the second sum of$66,666.67 for Phase 3,after October 1, 2017. (e) On or shortly after June 30, 2018, the County Manager or his designee shall verify whether the 600 qualified jobs from Phase 1, Phase 2 and Phase 3 are still in place. If verified, the County will pay Arthrex the final sum of $66,666.66 for Phase 3, after October 1,2018. Page 3 ( T, �. 1A 1 OR 4760 PG 467 6. Should at any time over the term of this Agreement the number of qualifying jobs is less then set forth in the payment schedule set forth above, for such payment period the County Manager or his designee will authorize a lesser sum be paid based on the actual number, provided that the actual// number meets or exceeds the minimum number of qualifying jobs set forth in the Ordiprtn�e.''This diminution of grant funds shall be the County's sole remedy should Arthrex not meet tl'ie;sch uled job creation. Arthrex understands and agrees that there is no defined funding sour or-.this Project, and as such these grants are subject to annual appropriation. r 7. As a precondition to payment, Arthrex shall give the County reviewer full access to its business records and busines/premises as required to certify the created jobs. Arthrex shall be given 10 business days prior writt€n notice of this review. 8. Neither the payment of-funds;nor this Agreement, may be transferred, assigned, credited or otherwise conveyed without prior,written approval from the County, which approval may be freely withheld. 9. The County shall record this Agreot{ien,in the Public Records of the County, with all costs of recording being paid by Arthrex. Mitt-all obligations have been met, a satisfaction of agreement will also be recorded in Collier County pubjie records at Arthrex's sole expense. IN WITNESS WHEREOF, the Parties have execytedis Agreement on the date and year first above written. Attest.• G^,-� ^. l- ' DWIGHT,E: 3ROCk,',blerk BOARD OF COUNT COMMISSIONERS •• COLLIER COUNTYPL{3RIDA : v___ , , c.?„, . aCtIgs---- lI By: % 2iL ' ' Clerk FRED W. COYLE,€b r Attu;^• As tDLt?i4110eRtityi Appror d ttm an ford Rec end Approval: legal su fi, i . 11 Jeffrey Ai a ow Nick asalanguida County Atto ey Deputy Administrator Growth Management Division Page 4 t 16A 1 OR 4760 PG 468 AS TO ARTHREX, INC. and ARTHREX MANUFACTURING,INC. Signed,sealed and D ' ed in the pres nce of: By: 1fi gnature ) R. Scott ce,Vice President Arthrex,Inc.and Arthrex Manufacturing Inc. Y-et in) A-. � fi Printed Name 7 i W. .*/ VEIL Signature - - Printed Name STATE OF FLORIDA �f COUNTY OF COLLIER riP1 The foregoing Agreement was acknople ged before me this /.� day of r� , 2012, by R. Scott Price, Vice 1?rtsident,_Arthrex, Inc. and Arthrex Manufacturing, Inc., who is i ersonalil ww to me or has produced as pion) of tientity. [NOTARIAL SEAL] Signature of Person T • fig A knowled gment g b 4 g "t+ Notary Puhtc State of floras I� !j7: Donna J Brown 1 • My Commission EEt00119 ?or of Expert 05/27R015 Page 5 r ,r 16A 1 OR 4760 PG 469 Exhibit A RSODES&RHODE S LAND SURVEYING, INC 178100IIOh7TA GRIME DR STE 107 ITONl7'A SPIV V,5 FLORIDA SIMBf PHONE OM 445-8166 FAX 0739)445-8169 V LEGAL DESCRIPTION BEING A PORTION'O ION 17,TOWNSHIP 48 SOUTH,RANGE 29 EAST, COLLIER COUNTY, FLORIDA,BEING MORETICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE XiU7HEAST CORNER OF THE SOUTHWEST 1/4 OF SECTION 17, TOWNSHIP 48 SOUTH,'RANGE 29 EAST, COWER COUNTY, FLORIDA; THENCE SOUTH 88°55'34" WEST, ALONG THE SO I LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 17, A DISTANCE OF 939.19 FEET; T=LI ' NORTH o1°04'26" WEST,A DISTANCE OF 350.01 FEET TO THE POINT OF BEGINNING OF E PARCEL OF LAND HEREIN DESCRIBED,THE SAME BEING A POINT ON THE BOUNDARY THOSE CERTAIN LANDS DESCRIBED AS'EXHIBIT"A"-D.R.I. LANDS' AND RECORDED IN OFF}C'IAL''RECORDS BOOK 4040, PAGE 1711 OF THE PUBLIC RECORDS OF SAID COLLIER COUNTY, FLORIDA; THENCE RUN THE FOLLOWING THREE (3) COURSES ALONG TI:IF, BOUNDARY-QF LAST SAID LANDS; COURSE NO. 1: SOUTH 88°55'37" WEST, 188.88 FEET; COURSE NO, 2: SRO t- :*° ' 6" WEST, 1,286.63 FEET; COURSE NO. 3: NORTH 00°27'04" WEST, 715.99 FE. 0"2' `(A'tat FROM SAID LANDS, NORTH 89°32'56" EAST, A DISTANCE OF 1 ► — . • • •ir,►4 ON A NON-TANGENTIAL CURVE; THENCE SOUTHEASTERLY, 443.: 43 ' { G THE A• .A CIRCULAR CURVE, CONCAVE NORTHEASTERLY, HAVING A :An S-OFO44.09„FEET, ' H UGH A CENTRAL ANGLE OF 24°21'36"AND BEING SUBTEN 4 ED : '.0•'' `+ B •S OUTH 22°31'06" EAST,440.53 FEET; THENCE SOUTH 34°•1'5• ',..,,,...• • ''t.Ns : % I • 25 15 FEET TO A POINT OF CURVATURE; THENCE SO -I-1i" ', 1 0..: T 'G HE ARC OF A CIRCULAR CURVE, CONCAVE SOUTH Y, • N :`,ii..b.. F •56.0o FEET, THROUGH A CENTRAL ANGLE OF 13°54'o . t. :•••I`!t: . :. I ut. .. s'ORD WHICH BEARS SOUTH 27°44'53"EAST,11o.36 FEET To t. . POINT OF BEGI ' ING. . , > ... -' CONTAINING 909,765 SQUARE t f..R 20.89 ACRES, s ' V' , S. SUBJECT TO EASEMENT,RESERVA • • •••. '' s I: ONS OF RECORD. L C �' / , BEARINGS ARE BASED ON THE SOUTH LI OF THE SOUTHWEST ST 1/4 OF SECTION 17, TOWNSHIP 48 SOUTH, RANGE 29 EAST, COLLIER COUNTY, FEO ,JDA, AS BEING SOUTH 88°55'34"WEST. J f'f 16A 1 *** OR 4760 PG 470 *** EXHIBIT"B" �jj Legal Description Folio#:2933�Q045 AND 29334000029 Legal Descript of Ll'OT 9 AND 10 UNIT 1,CREEKSIDE COMMERCE PARK WEST #29334000045 Unit 2. Crecksideleat I,according to the Declaration of Condominium thereof as recorded in Official Records Book 4103,page 2598 of the Public Records of Collier County,Florida. r / #29334000029 Unit 1,of Creekside Flex I,KComercial Land Condominium,according to the terms and conditions of the DeclarationWof Condominium thereof recorded in O.R.Book 4103, Pages 2598 et seq.,as amended,of the Public Records of Collier County,Florida. r i Folio#293 3 1 193 1 04 f 1 • Legal Description:Creekside Commerce Park} t,-Unit Two,Lot 7 .7 • r Folio#29331190741 7 %% Legal Description:Creekside Commerce Park West,Unit.One,,Lot 4 ) Folio#2933 1 1 43 1 20 Legal Description:Creekside Commerce Park West,Unit Two,Lot,( ) Folio#29331193081 Legal Description:Creekside Commerce Park West,Unit Two,Lot 6 V J Folio#: 00168049000 --J Legal Description: 27 48 25 COMM NW CNR SEC 27,S 125.02FT,N 44DEG E 34.99FT,S 89DEG E 573.45FT,S 89DEG E 500.61FT,S 89DEG E 768.26FT,S 02DEG E 1017.96FT, CONT S 02 DEG E 64.06FT to POB;SWLY 63 I.99FT,S 62.01 FT,S73DEG E 658.13FT,N 02DEG W 392.22 TO POB. Page 7 --N. r if 16A 1 INSTR 6673166 OR 6461 PG 2438 RECORDED 4/24/2025 5 07 PM PAGES 11 CLERK OF THE CIRCUIT COURT AND COMPTROLLER COLLIER COUNTY FLORIDA PREPARED BY AND RETURN TO: R E C$95 00 I N DX $1.00 DEREK D.PERRY,ESQ. COUNTY ATTORNEY'S OFFICE 3299 TAMIAMI TRAIL E.4800 NAPLES,FL 34112 TERMINATION OF FEE PAYMENT ASSISTANCE PROGRAM AGREEMENT AND RELEASE OF LIEN This Termination of Fee Payment Assistance Program Agreement and Release of Lien, is entered into on this 251w day of aryl a act. 2025, by and between Collier County, a political subdivision of the State of Florida, through its Board of County Commissioners (the "County"), with an address of c/o County Attorney's Office, 3299 Tamiami Trail East, Suite 800,Naples, FL 34112, and Arthrex, Inc., Arthrex Manufacturing, Inc., and RES Collier Holdings, LLC (collectively, "Arthrex"), with an address of 1370 Creekside Blvd, Naples, FL 34108. WHEREAS, the Arthrex is the beneficiary of certain financial incentives provided by Fee Payment Assistance Agreement, dated January 24, 2012, and recorded in Official Record Book 4760,Page 456,and Official Record Book 4781,Page 2271,in the Public Records of Collier County, Florida, attached as Exhibit "A" hereto and by reference incorporated herein (the "Agreement"); and WHEREAS,Arthrex was to create 10 new full-time jobs paying an average wage equal to or greater$44,527; and WHEREAS,the Agreement provided that the Fee Payment Assistance program would pay impact fees totaling $597,513.71. IN WITNESS WHEREOF, the County and Arthrex hereby: 1. Incorporate all Recitals herein as if fully stated. 2. Terminate the Agreement with the Arthrex responsible for the cost of recording. 3. Release the lien created by Agreement, effective on the date of recording. 4. Arthrex, by its execution hereof certifies, represents and warrants to the County that: a. Arthrex has met and greatly exceeded its requirements of the creation and retention of 10 new full-time jobs paying an average wage equal to or greater $44,527. b. The estimated capital investment of$22,000,000 related to the project has been met or exceeded. c. The terms and conditions of the Agreement have been fully satisfied. [25-CMD-00199/1916405/1] Page 1 of 2 '�tl 16A 1 0 :40 W _ AS TO COUNTY: Al rEST:;' �� BOARD OF COUNTY COMMISSIONERS OF CRYSTAL K. KINZE;,,.('IRK COLLIER COUNTY. FLORIDA _ . i WBy: By:Attest as to Chairman s b, tv ('I �/ B44f)1/..,e.t41.4.' aunders, Chairman signature or'y Ap roved as to form and le, y: e tic7 5 Derek D. Perry Assistant County Attorney \\ AS TO ARTHREX: Witnesses(as to both): Arthrex, Inc. 1)'"j4 Witness #1 Signature By:v ' 1 ' ( Reinhol chmieding. President \ 1 Witness 41 Printed Name Arthrex Manufacturing, Inc.-.... , l31 b e,t s, Al,ol ilco.j p1 3y/or Witness#1 Mailing Address By: Ki,vnblidik, Reinhold Schmieding, President Witness#2 Signature RES Collier Holdings LLC By: Krisdan Manage ent Inc., its Manager V1 itness #2 Printed Name By: I (30 ert'Z,k,S1DLI )) 112bh1^t Reinhold Schmieding. President Witness#2 Mailing Address WW�C C AI j�`�,3y,l-Bg STATE OF FLORIDA COUNTY OF COLLIER The foregoing instrument was acknowledged before me by physical presence this& day of .Q- 2025, by Reinhold Schmieding, President of Arthrex, Inc., Arthrex Manufacturing, Inc., and Krisdan Management, Inc.,manager of RES Collier Holdings LLC,on behalf of the companies,who is personally known to me. LeaA5beA/Z \-6i/did o%y ; BARBARABIRCH Notary Signature :,r ,.,, it=Convnission/HH 165407 -;v1.,..a`=Expires August 16 2025 a cL r c .Of °.. BodedTMuTroyFeinInsrance8003A.5701A Notary Printed Name [25-CMll-00199:1916405,l j Page 2 of 2 vc1 16A � EXHIBIT "A" 16A 1 INSTR 4676357 OR 4781 PG 2271 RECORDED 4/4/2012 11:34 AM PAGES 8 RE-RECORD DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT, COLLIER COUNTY FLORIDA REC S69.50 INDX S1.00 Prepared by: Jeffrey A.Klatzkon County Attorney INSTR 4652655 OR 4760 PG 456 3299 Tamiami Trail East,Suite 800 RECORDED 1/31t2012 2:26 PM PAGES 8 Naples,FL 33112 DWIGHT E.BROCK,CLERK OF THE CIRCUIT COURT COWER COUNTY FLORIDA REC$69.50 INDX 51 00 j /l/ AGREMMENT FOR FEE PAYMENT ASSISTANCE PROGRAM This Agreement fo5ee Payment Assistance for the payment of Impact Fees is entered into this 294I, day of3 .roux. ,2012,by and between Collier County, a political subdivision of the State of Florida, throug'fr ' s Board of County Commissioners, hereinafter referred to as "County," and Arthrex, Inc. and Arthrex Manufacturing, Inc., hereinafter referred to as "Arthrex,"and, RES Collier Holdi‘s,QLC,collectively referred to as the`Parties." ..l KECITALS: J WHEREAS, Collier County Ordinancg, 2003-61, the Collier County Fee Payment Assistance Ordinance,as it may be further amenfte4bm time to time, codified in Chapter 49 of the Code of Laws and Ordinances of Collier aunty' lorida, hereinafter referred to as the "Ordinance," provides for a program of Fee Paymenftjsgistance for payment of impact fees to qualifying businesses(hereinafter referred to as the"Progr );)and ./ WHEREAS,the Ordinance provides that its purposes"ar)o: (1)provide a performance- based program offering financial relief for eligible targeted indu s_rdevelopment or expansion projects in Collier County to mitigate the effects of rising fees;(2)pri0v,,��id for the economic well being of Collier County residents by providing high-wage employmenfolfpoities in Collier County; (3) lessen the seasonal cycle of Collier County's economy; and(4)encg zrage investment opportunities for new or existing businesses thus increasing and diversifying the County's tax base;"and WHEREAS, to be considered eligible for approval under this Program, a business or project must meet certain stated criteria, including that the business or project is located within Eastern Collier County; is within the targeted industry list of the Economic Development Council of Collier County; and creates a minimum of 10 new full-time jobs paying an average wage of at least 115 percent of the County's current private-sector average wage; and Page I t oR 4781 PG 2272 1 6 A 1 WHEREAS, Arthrcx submitted an application to be considered for the Program for a Project involving the construction of a manufacturing facility of approximately 200,000 square feet, to be located on a parcel whose legal description is attached as Exhibit A and is incorporated by reference herein (which parcel is hereinafter referred to as the "Property"). A copy of this appcation is on file in the Growth Management Division, Impact Fee Administration OO ` .e;and } WHEREAS,'tii Coi my Manager and staff have reviewed the application and, based on the representations th tn, found that it complied with the requirements for the Fee Payment Assistance Program as outlined-aid set forth in the Ordinance;and WHEREAS,at its June 28 )11 regular public meeting the Board, having reviewed the application as well as the findings'of.the County Manager and staff; and following public comment on this matter (1) found that�Ap�mrex meets the requirements for the Program as outlined and set forth in the Ordinance,ands(23 'directed staff to prepare this Agreement for its review. NOW, THEREFORE, in consideration rff the'f'gregoing 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. , .1 2. The Board hereby agrees to enroll Arthrex into tl(Fe Payment Assistance Program under the terms and conditions set forth below to assist tare in expanding its existing Collier County business through the construction of a new 0P)00 square foot (approximate)manufacturing facility to be located in Eastern Collier County," 3. In consideration for such assistance, Arthrex hereby accepts the benefits and burdens set forth below and in Ordinance 2003-61,as amended. Should this Agreement conflict with Ordinance No.2003-61,the parties agree that the terms of the Ordinance shall prevail. 4. As set forth in Exhibit B,Arthrex is entitled to a maximum incentive award in the sum of$1,070,150. This incentive award is a grant by Collier County to pay Arthrex's impact fees as they become due for the Project. Impact fees are generally due on the filing of a site development plan and upon the issuance of building permits. Arthrex understands and agrees Page 2 C A�� 16A 1 OR 4781 PG 2273 that there is no defined funding source for this Project, and as such these grants are subject to annual appropriation. 5. Upon payment by the County of Arthrex's impact fees for the Project, such payment of impact fees will constitute a lien on the Property, which lien shall run with the land and may be forecl¢sed upon in the event of non-compliance with the requirements of this V I ' Agreement, or sh d any of the representations set forth in the Application be untrue or unfulfilled. Neither the p yment of impact fees nor this Agreement may be transferred, assigned, credited or otherwise conveyed without the prior written approval from the County, which approval may be freely withheld. 6. The amount 6f thimpact fees paid by the Program will in all events become due and payable and shall be immediately re-paid to the County by Arthrex and/or the then current property owner if the Property is ssgldior transferred without prior written approval from the County at any time after the first Certfficte'of Occupancy has been issued for the development and prior to the 10-year obligation perio4,.and the impact fees must be paid in full to the County. Any outstanding (i.e., as yet not repaid) imtia,e f"�e amounts previously paid under this program will become due and payable and must then be indiately repaid to the County in the event of sale or transfer prior to expiration of the program etSligafon period. 7. On Arthrex's request, and at the County's sole option, the County's interest may be subordinated to all first mortgages or other co-equal 'c?,,,ty,interests. The County's interest will automatically be subordinate to the previously reco ed first mortgage and/or any government funded affordable business loan such as the U.S. mall Business Administration (SBA)or the U.S. Department of Agriculture(USDA)loan. 8. This Agreement will expire 10 years after the first C tifi ate of Occupancy has been issued for the Project. Following this expiration, and upon satisfact"o completion of all requirements of this Agreement, at the then property owner's request and dole expense, the County will record any necessary documentation evidencing same, including, but not limited to, a release of lien. The lien will not terminate except upon the recording of a release or satisfaction of lien in the public records of Collier County. 9. Under this Agreement an annual review shall be performed by the County to determine whether there has been good faith compliance with the terms of this Agreement. Arthrex shall give the County reviewer full access to its business records and business premises as required to certify the created jobs. If the County Manager or his designee finds,on the basis Page 3 __, OR 4781 PG 2274 1 S A 1 of substantial competent evidence, that there has been a failure to comply with the terms of this Agreement, the Agreement may be revoked or unilaterally modified by the County. Arthrex shall be given 10 business days prior written notice of any review. In addition to an annual review, within 10 business days from the County's written request, Arthrex will provide the County with all requested documentation required to verify compliance with the terms of the Ordinance or thiscelnent. In the event Arthrex is in default under this Agreement, and the default is not cured (vithi 30 days after written notice is provided to Arthrex, the County may bring a civil action to enforce this Agreement or declare that program's payment of the impact fees not yet recouped and previously paid under this program are thence immediately due and payable. The County is entitled recover all fees and costs, including attorney's fees and costs, incurred by the County in enf cing is Agreement,plus interest at the then maximum statutory rate for final judgments,calculated on a'1calendar day basis until paid. These rights and remedies of the County are in addition to any otheviihts and remedies that the County may have should Arthrex be in default or otherwise violafe)he to s of the Ordinance or this Agreement. 10. By way of example and not1s al' ' 'tation, this Agreement will be in substantial f breach upon the following events: (1)any cha g the status of the business or project such that it no longer meets the required Program criteriaeas„,set forth in either the Ordinance or this Agreement; (2) failure to fully comply with all reaspdattle requests during any County review conducted pursuant to this Agreement; (3) upon the Co+dn t Manager or his designee being informed of a material misrepresentation in the Application"; (4 10 new jobs are not in place by June 30, 2014, at an average wage of not less than S44,527 or(a..time extension has not been granted by the Board of County Commissioners related to the timing for the creation of the jobs, or (5) failure by Arthrex to pay its tax bill in full to the Tax Collecior's ffice annually, on or before the date it is due. e 11. This Agreement will be recorded in the Official Records of Collier County at Arthrex's sole expense. When all obligations have been meet under this Agfeement,the County will record a satisfaction of lien in the public records of Collier County, at the company's expense. Page 4 OR 4781 PG 2275 1 6 A 1 IN WITNESS WHEREOF, the Parties have executed this Agreement on the date and year first above written. tC .,,, .. •�:• DWIGHT E. BR CCI.rk BOARD OF COUNTY COMMISSIONERS ' COLLIER COUNTY,FLORIDA _ No By: �. t y C ~` ' ,Deputy CI rk FRED W.COYLE,Chairm n '; `.::ht ,44.,t* to Ch.1rf: ct--I ;_'4cift,74ciaitire Gail. i App ye at to form and f, ') Recommend Approval: legal su c ncy: / 1 7 , Jeffre .Klatzkow 7NIc asa gui a Count A fomey Deputy Administrator Grdwtl1)Management Division f- ) / v Page 5 s.) OR 4781 PG 2276 1 6 A 1 AS TO ARTHREX, INC., ARTHREX MANUFACTURING, INC., and RES COLLIER HOLDINGS,LLC: ' I . Signed,sealed and-r Delivered in the prese�of:, 'S A.. / / r By: ` VC ignature - / R. Scott Price, Vice President ru`i^1 a 6 t ( ) Arthrex, Inc.,Arthrex Manufacturing,Inc. and Printed Name e ' ) ES Collier Holdings, LLC r __, ignature /� .-d 43, a/Et l_. f r Printed Name ,r Print Name .' /' STATE OF FLORIDA COUNTY OF COLLIER 1 . _ The foregoing Agreement was acknowledged before me ;his I day of al.).O ,2012, by R. Scott Price,Vice President. Arthrex Inc i )f Manufacturing, Inc. and RES Collier Holdings, LLC, who ist,personally known to me r has produced as proof of identity. ,..* 43[NOTARIAL SEAL 1 i _ .t*• ry Nota Pub,c$ta'a of F$orda Signature of Person T 'ng Acknowledgment Donna J Brown y_ rn My Comgsoa EEtOW 19 t't o,no7 Expres 08/27/20'5 Page 6 '''` < , 16A 1 OR 4781 PG 2277 Exhibit A RHODES&RHODES L D SURVEYING, INC! 28100 BONITA GRANDEDR STE 107 BONITA SPRT V6 FLORR1d 34135 _MOAT(EV)4a5.8165 FAX(239)4AS8169 7 '' , LEGAL DESCRIPTION BEING A PORTION O qrION 17,TOWNSHIP 48 SOUTH,RANGE 29 EAST,COLLIER COUNTY, FLORIDA,BEING MORE P�(RTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THEHEAST CORNER OF THE SOUTHWEST 1/4 OF SECTION 17, TOWNSHIP 48 SOUTH, RANGE 29 EAST, COLLIER COUNTY, FLORIDA; THENCE SOUTH 88°55'34" WEST, ALONG THE SO H LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 17, A DISTANCE OF 939.19 FEET;PIi E NORTH 01°04'26"WEST,A DISTANCE OF 350.o1 FEET TO THE POINT OF BEGINNING OF E PARCEL OF LAND HEREIN DESCRIBED,THE SAME BEING A POINT ON THE BOUNDARY THOSE CERTAIN LANDS DESCRIBED AS'EXHIBIT"A"-D.R.I. LANDS' AND RECORDED IN OFFICIAL))RECORDS BOOK 4040, PAGE 1711 OF THE PUBLIC RECORDS OF SAID COLLIER COUNTY, FLORIDA; THENCE RUN THE FOLLOWING THREE (3) COURSES ALONG THE BOUNDARY-OF LAST SAID LANDS; COURSE NO, 1: SOUTH 88°55'37" WEST, 188.88 FEET; COURSE NO. 2: SRO II+-$g° 2'56" WEST, 1,286.63 FEET; COURSE NO. -4: NORTH o0°27'04" WEST, 715.99 FE Q' ' 'TING FROM SAID LANDS, NORTH 89°32'56" EAST, A DISTANCE OF 1 �: ' . • • ' •4 ON A NON-TANGENTIAL CURVE; THENCE SOUTHEASTERLY, 443.: �`:�' ALONG THE A' : • CIRCULAR CURVE, CONCAVE NORTHEASTERLY, HAVING A : • • d 04 o,•FEET, ' . *UGH A CENTRAL ANGLE OF 24°21'36"AND BEING SUBTEN 4 ED : ask-Q..I10 i B •,'S OUTH 22°31'06" EAST,440.53 FEET; THENCE SOUTH 34°•1' • ' T D 25•15 FEET TO A POINT OF CURVATURE; THENCE SO F A.1 ,e o., E 'G 'HE ARC OF A CIRCULAR CURVE, CONCAVE SO Y,, j '►F .56.0o FEET, THROUGH A CENTRAL ANGLE OF 13°54'02''A 01.- Ir ORD WHICH BEARS SOUTH 27°44'53"EAST,110.36 FEET T ' • POINT OF APGI CONTAINING 909,765 SQUARE •:R 20.89 ACRES, •'• • ,SS. llr SUBJECT TO EASEMENT,RESERVA ' a.•o ' ' L = Y: I •NS OF RECORD. BEARINGS ARE BASED ON THE SOUTH LIN OF THE SOUTHWEST 1/4 OF SECTION 17, TOWNSHIP 48 SOUTH, RANGE 29 EAST, COLLIER COUNTY, FEbA, AS BEING SOUTH 88°55'34"WEST. , ',/ j .. 5 (::tl *** OR 4781 PG 2278 *** 1 6 A 1 EXHIBIT"B" Impact Fee Amount Maximum Incentive Award: Ca ital Investment x millage rate x years in program 42S 000,00D x.0042806 x 10 =$1,070,150 < < f Impact F76. Amount to be Paid on Behalf of Arthrex: ) . 597,513.71 e i. • 1 � 1 `• 1. e • I "1.) Page 8 16A 1 INSTR 6673138 OR 6461 PG 2290 RECORDED 4/24/2025 4:32 PM PAGES 11 CLERK OF THE CIRCUIT COURT AND COMPTROLLER COLLIER COUNTY FLORIDA PREPARED BY AND RETURN TO: REC$95.00 DEREK D.PERRY,ESQ. COUNTY ATTORNEYS OFFICE 3299 TAMIAMI TRAIL E.#800 NAPLES,FL 34112 TERMINATION OF FEE PAYMENT ASSISTANCE PROGRAM AGREEMENT AND RELEASE OF LIEN This Termination of Fee Payment Assistance Program Agreement and Release of Lien, is entered into on this 25''"day of M AtIcew 2025, by and between Collier County, a political subdivision of the State of Florida, through its Board of County Commissioners (the "County"), with an address of c/o County Attorney's Office, 3299 Tamiami Trail East, Suite 800,Naples, FL 34112, and Arthrex, Inc. and Arthrex Manufacturing, Inc. (collectively, "Arthrex"), with an address of 1370 Creekside Blvd,Naples, FL 34108. WHEREAS, the Arthrex is the beneficiary of certain financial incentives provided by Fee Payment Assistance Agreement, dated January 24, 2012, and recorded in Official Record Book 4760,Page 448,in the Public Records of Collier County,Florida,attached as Exhibit"A"hereto and by reference incorporated herein(the"Agreement"): and WHEREAS,Arthrex was to create 20 new full-time jobs paying an average wage equal to or greater$58,079;and WHEREAS,the Agreement provided that the Fee Payment Assistance program would pay impact fees totaling $941,732. IN WITNESS WHEREOF,the County and Arthrex hereby: 1. Incorporate all Recitals herein as if fully stated. 2. Terminate the Agreement with the Arthrex responsible for the cost of recording. 3. Release the lien created by Agreement, effective on the date of recording. 4. Arthrex, by its execution hereof certifies, represents and warrants to the County that: a. Arthrex has met and greatly exceeded its requirements of the creation and retention of 20 new jobs at an average wage equal to or greater than 50% of the County's(then)current private-sector average wage. b. The estimated capital investment of$22,000,000 related to the project has been met or exceeded. c. The terms and conditions of the Agreement have been fully satisfied. [25-CMD-00199/1916189/Il Page 1 of 2 16A 1 Milt AS TO COUNTY: ATTEST: ' BOARD OF COUNTY COMMISSIONERS OF CRYSTAL K. IK[I47 ,CT RK COLLIER COUNTY, FLORIDA liti: —M- By: ... l 441100"- Attest as to Chairnta 1V ep ty le Burt L. Saunders, Chairman signature corn Approved as to form and lega it4 OVA-DPI/ 7 Derek D. Perry \'I tih Assistant County Attorney \ �\ AS TO ARTHREX: Witnesses(as to both): 4 j; Arthrex, Inc. Witness#1 Signature By: Witness#1 Printed Name Reinhold Schmieding, President er' c4/ 13i.uc1 vv1 ato..s. ri— 3Nit Witness #1 Mailing Address Arthrex Manufacturing, Inc. Ktrv‘t44 V/04-> Witness#2 Signature WN)-er)Q0L::::7 Ke n n i�l-k. of to By: Reinhold Schmieding, President Witness#2 Printed Name 1t30tretk51dtPb41 Itu2ldy ivApits Witness#2 Mailing Address pc"31)a$ STATE OF FLORIDA COUNTY OF COLLIER � oar, The foregoing instrument was acknowledged before me by physical presence this �Q ' day of 2025, by Reinhold Schmieding, President of Arthrex. Inc. and Arthrex Manufacturing, Inc., on behalf of the companies,who is personally known to me. uPra;, ' BARBARABIRCH Notary Signature Commission#HH 165407 Expires August 16,2025 i- ,c� c `C�► �Z�' " Eo:;;V Bonded Thru Troy Fain Insurance B00485-7019 Notary Printed Name [25-C M D-00199/1916189/1] Page 2 of 2 0 16A 7 EXHIBIT "A" 16A 1 INSTR 4652654 OR 4760 PG 448 RECORDED 1/31/2012 2:26 PM PAGES 8 DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT, COLLIER COUNTY FLORIDA REC S69.50 Prepared by; Jeffrey A.Matz Low County Attorney 3299 Tamiaml Trail East,Suite 800 Naples,FL 34112 This space for recording 7 fi/ AGRI✓EME. T FOR FEE PAYMENT ASSISTANCE PROGRAM This Agreemen oryee Payment Assistance for the payment of Impact Fees is entered into thisZ-1}h' day of3'.&uc ,r�,2012,by and between Collier County,a political subdivision of the State of Florida, throtiglf ii�s�Board of County Commissioners, hereinafter referred to as "County," and Arthrex, Inc., aid Arthrex rex Manufacturing hereinafter referred to as "Arthrex," collectively referred to as the"Parties.;' ) e �IECfTALS: �. J WHEREAS, Collier County Ordinanf ce,No,-2003-6t, the Collier County Fee Payment Assistance Ordinance, as it may be further amendreelldryiln time to time, codified in Chapter 49 of the Code of Laws and Ordinances of Collier C6unty Florida, hereinafter referred to as the "Ordinance," provides for a program of Fee Payment sfstz,pce for payment of impact fees to i qualifying businesses(hereinafter referred to as the"Program' ,and _/ WHEREAS,the Ordinance provides that its purposes"are(to: (I)provide a performance- based program offering financial relief for eligible targeted industryr d1evelopment or expansion projects in Collier County to mitigate the effects of rising fees; (2)pride or the economic well being of Collier County residents by providing high-wage employment gpfoi7unities in Collier County;(3) lessen the seasonal cycle of Collier County's economy;and(4)enccotfrage investment opportunities for new or existing businesses thus increasing and diversifyidgthe County's tax base;"and WHEREAS, to be considered eligible for approval under this Program, a business or project must meet certain stated criteria, including that the business or project is a high impact project, located outside the enterprise community and Eastern Collier County; is within the targeted industry list of the Economic Development Council of Collier County; and creates a Page 1 C Ni) OR 4760 PG 449 minimum of 20 new full-time jobs paying an average wage equal to or greater than 150 percent of the County's current private-sector average wage;and WHEREAS, Arthrex submitted an application to be considered for the Program for a Project involving thy expansion of its existing Creekside campus by approximately 100,000 square feet of nIw/f5xdvated facilities, to be located on a parcel whose legal descriptions are included in Exhibit A an is incorporated by reference herein (which parcel is hereinafter referred to as the "Proptrrty") .A copy of this application is on file in the Growth Management Division,Impact Fee Adtnistration Office;and , / WHEREAS, the Count Tanager and staff have reviewed the application and, based on the representations therein, found Wit i complies with the requirements for the Fee Payment Assistance Program as outlined and se forth in the Ordinance;and WHEREAS, at its June 28,2011 zeegulay'public meeting the Board, having reviewed the application as well as the findings of the1Coumty. Manager and staff, and following public comment on this matter (1) found that Arthre/nets the requirements for the Program as outlined and set forth in the Ordinance, and (2) directe9aff to prepare this Agreement for its review. / r NOW, THEREFORE, in consideration of the foregoing Recitals, and other good and �/ valuable consideration, the receipt and sufficiency of which is herby mutually acknowledged, the Parties agree as follows: 1. The foregoing Recitals are true and correct and arc inedrrrorated by reference herein. _, j > 2. The Board hereby agrees to enroll Arthrex into the Fee P)yment Assistance Program under the terms and conditions set forth below to assist Arthrex in expanding its existing Collier County business through a new 100,000 square feet (approximate) of new/renovated facilities to be located in its existing Creekside campus in western Collier County. 3. In consideration for such assistance, Arthrex hereby accepts the benefits and burdens set forth below and in Ordinance 2003-61, as amended. Should this Agreement conflict with Ordinance No. 2003-61,the parties agree that the terms of the Ordinance shall prevail. Page 2 C.1t) 16A 1 OR 4760 PG 450 4. As set forth in Exhibit 13, Arthrex is entitled to a maximum incentive award in the sum of$941,732. This incentive award is a grant by Collier County to pay Arthrcx's impact fees as they become due for the Project. Impact fees are generally due on the filing of a site development plan and upon the issuance of building permits. Arthrex understands and agrees that there is no clefi9i4 funding source for this Project, and as such these grants are subject to annual appropriation 5. Upon payrp nt by the County of Arthrex's impact fees for the Project, such payment of impact fees will-constitute a lien on the Property, which lien shall run with the land and may be foreclosed upon in the event of non-compliance with the requirements of this Agreement, or should any of 7 representations set forth in the Application be untrue or unfulfilled. Neither the payment of i pan�t fees nor this Agreement may be transferred,assigned, credited or otherwise conveyed withptit the prior written approval from the County, which approval may be freely withheld. 6. The amount of the impact fees p31d by the Program will in all events become due and payable and shall be immediately re-pad to '_County by Arthrex and/or the then current property owner if the Property is sold or transfeuel without prior written approval from the County at any time after the first certificate of ooeGpandY been issued for the development and prior to the 10-year obligation period and the impa6t,fees must be paid in full to the County. Any outstanding (i.e., as yet not repaid) impact fee amoupts,ycviously paid under this Program will become due and payable and must then be immediately reed to the County in the event of sale or transfer prior to expiration of the Program obligation period. 7. On Arthrex's request, and at the County's sole option,the County's interest may r be subordinated to all first mortgages or other co-equal security interesrhe County's interest will automatically be subordinate to the previously recorded first/mortgage and/or any government funded affordable business loan such as the U.S. Small Business Administration (SBA)or the U.S.Department of Agriculture(USDA) loan. 8. This Agreement will expire 10 years after the first Certificate of Occupancy has been issued for the Project. Following this expiration, and upon satisfactory completion of all requirements of this Agreement, at the then property owner's request and sole expense, the County will record any necessary documentation evidencing same, including, but not limited to, a release of lien. The lien will not terminate except upon the recording of a release or satisfaction of lien in the public records of Collier County. Page 3 OR 4760 PG 451 1 6 A 1 9. Under this Agreement an annual review shall be performed by the County to determine whether there has been good faith compliance with the terms of this Agreement. Arthrex shall give the County reviewer full access to its business records and business premises as required to certify the created jobs. If the County Manager or his designee finds,on the basis of substantial compe)✓ent evidence, that there has been a failure to comply with the terms of this Agreement, the A ent may be revoked or unilaterally modified by the County. Arthrex } shall be given 10 buss ne days prior written notice of any review. In addition to an annual review, within 10 business-days from the County's written request, Arthrex will provide the County with all requested documentation required to verify compliance with the terms of the r Ordinance or this Agreement. II 'the event Arthrex is in default under this Agreement, and the default is not cured within 30 days Alen.written notice is provided to Arthrcx, the County may bring a civil action to enforce this Agreement or declare that program's payment of the impact fees not yet recouped and previously paid:tf der this program are thence immediately due and payable. The County is entitled to recover'all fees and costs, including attorney's fees and costs, incurred by the County in enforcing this Agi emgnty plus interest at the then maximum statutory rate for final judgments,calculated on a calendaryasis until paid. These rights and remedies of the County are in addition to any other rights arit ren4e ies that the County may have should Arthrex be in default or otherwise violate the terms of-ti'ie Ordinance or this Agreement. 10. By way of example and not as a limitati4 1 s Agreement}} will be in substantial breach upon the following events:(1)any change in the status oj1he business or project such that it no longer meets the required Program criteria, as set forth iir-eit}}er the Ordinance or this Agreement; (2) failure to fully comply with all reasonable requests during any County review conducted pursuant to this Agreement; (3) upon the County Manager his designee being informed of a material misrepresentation in the Application; (4) 20 new.jobs sire not in place by June 30, 2016, at an average wage of not less than S58,079 or a time extension has not been granted by the Board of County Commissioners related to the timing for the creation of the jobs, or (5) failure by Arthrex to pay its tax bill in full to the tax collector's office annually, on or before the date it is due. 11. This Agreement shall be recorded in the Official Records of Collier County at Arthrex's sole expense. When all obligations have been met under this Agreement, the County will record a satisfaction of lien in the public records of Collier County, at the company's expense. Page 4 i( \' 16A 1 OR 4760 PG 452 IN WITNESS WHEREOF, the Parties have executed this Agreement on the date and year first above written. Attest: DWIGHT E. BROCK(=Clc k BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA t :'• :, Cri le k FRED W. COYLE, Chair Appr vcd as to form and / j Recommend Approval: legal u c' ncy: •• Jeffrek.A,\K tzkow iekreasalangui a Count t orney Deputy Administrator Growrthl anagement Division :) Pages �ii 16A 1 OR 4760 PG 453 AS TO ARTHREX,INC AND ARTHREX MANUFACTURING,INC.: I Signed,sealed mid',�� Delivered in the p cr'sre of: By: ignature , .- / R. cot rice, Vice President /J Arthrex,Inc.and Arthrex Manufacturing,Inc. },icur‘r1 A 6nt;0R Name ignature Printed Name - f ' STATE OF FLORIDA �' COUNTY OF COLLIER 7 i J / he foregoing Agreement was acknowledged bef6re me this / day of Da , 2012, by R. Scott Price Vice President, Arthrex, Inc. and Arthrex Manufacturing. Inc. who is erson ally _known to nip or has produced as proof of identity. , J jNOTARIAL SEAL] (-0 Signature of Person T •ng Acknowledgment P0,00A Notary Public State of Florida Donna J Brown My ComrnKtgn EE 100419 'la,„OF Expres 0&'27l2015 Page 6 ���� 16A 1 OR 4760 PG 454 EXHIBIT"A" Legal Description Folio#:29334000045 AND 29334000029 Legal Descripti p:)OIS 9 AND 10 UNIT 1,CREEKSIDE COMMERCE PARK WEST #2933400004V Unit 2. Creek 'de F ex 1,according to the Declaration of Condominium thereof as recorded in Off Records Book 4103,page 2598 of the Public Records of Collier County,Florida. „.' #29334000029 r Unit 1,of Creekside Flex VA Commercial Land Condominium,according to the terms and conditions of the Declaration of Condominium thereof recorded in O.R.Book 4103, Pages 2598 et seq.,as amende�;of tine Public Records of Collier County,Florida. Folio#29331193104 • . Legal Description:Creekside Commerce Park West,Unit Two,Lot 7 Folio#29331190741 lam, Legal Description:Creekside Commerce Park West,Unit nf;Lot 4 • Folio#29331193120 Legal Description:Creekside Commerce Park West,Unit Two,Lot 8 J Folio#29331193081 Legal Description:Creekside Commerce Park West,Unit Two,Lot 6 Folio#:00168049000 Legal Description: 27 48 25 COMM NW CNR SEC 27,S 125.02FT,N 44DEG E 34.99FT,S 89DEG E 573.45FT,S 89DEG E 500.61FT,S 89DEG E 768.26FT,S 02DEG E 1017.96FT, CONT S 02 DEG E 64.06FT to POB;SWLY 631.99E7,S 62.01 FT,S73DEG E 658.13FT,N 02DEG W 392.22 TO POB. Page 7 16A 1 *** OR 4760 PG 455 *** EXHIBIT"B" Impact Fee Amount / ! Maximum Incentive Award pital Investment x millage rate x years in program 3.23 000,000 x.0042806 x 10 = $941,732 / ) rej Jr J ) / Page 8 �,