Backup Documents 05/13/2014 Item #14B1 NO,
COLLIER COUNTY FLORIDA � y:,,,. �
REQUEST FOR LEGAL ADVERTISING OF PUBLIC HEARINGS • - 3
n '"o.,°�4'.
To: Clerk to the Board: Please place the following as a: (fir
• E
Normal legal Advertisement ❑ Other:
(Display Adv.,location,etc.)
Originating Dept/Div: Bayshore Gateway Triangle CRA Person: Jean Jourdan Date: 712 3r j
Petition No.(If none,give brief description):
Petitioner: (Name&Address): Jean Jourdan 4069 Bayshore Drive,Naples,Fl 34112
Name&Address of any person(s)to be notified by Clerk's Office:(If more space is needed,attach separate sheet)
Hearing before BCC BZA Other Advertising lots in accordance with F.S. 163.380
Requested Hearing date:N/A
Newspaper(s)to be used: (Complete only if important): `%
® Naples Daily News ❑ Other
❑Legally Required
Proposed Text: (Include legal description&common location&Size: See Attached
/'
Companion petition(s), if any&proposed hearing date:N/A
Does Petition Fee include advertisin cost?®Yes ❑ No If Yes,what account should be charged for advertising costs:
Reviewe,0 : Reviewed by:
4 iv' de Ad 4 /5's/
•` .tor Date Date
List Attachments: Notice Advertisement
DISTRIBUTION INSTRUCTIONS
A. For hearings before BCC or BZA: Initiating person to complete one copy and obtain Division Head approval before
submitting to County Manager. Note: If legal document is involved,be sure that any necessary legal review,or request
for same,is submitted to County Attorney before submitting to County Manager. The Manager's office will distribute
copies:
❑ County Manager agenda file: to ❑Requesting Division ❑Original
Clerk's Office
B. Other hearings: Initiating Division head to approve and submit original to Clerk's Office,retaining a copy for file.
FOR CLERK'S OFFICE USE N Y. i
Date Received: ,-- ate of Public hearing: Milk lk Date Advertised: bi.4
1481
April 3, 2014
The Naples Daily News
PO Box 7009
Naples, Fl 34010
ATTENTION: Notices Section
RE: PURCHASE ORDER##4500146317 (Acct#066839) PURCHASE ORDER NUMBER
MUST BE REFERENCE ON INVOICE
Please publish the following legal advertisement to solicit bids for the purchase of vacant lots on
the next available publishing date.
Legal Advertisement
LEGAL NOTICE
PROPERTY FOR SALE
INVITATION FOR SEALED BID PROPOSALS
NOTICE IS HEREBY GIVEN THAT THE COLLIER COUNTY COMMUNITY
REDEVELOPMENT AGENCY IS SOLICITING BID PROPOSALS FROM INTERESTED
PARTIES FOR THE PURCHASE OF ANY OR ALL OF THE FOLLOWING EIGHTEEN (18)
VACANT LOTS LOCATED WITHIN THE BAYSHORE REDEVELOPMENT AREA:
3000 KAREN DRIVE (Parcel Id 61839560006)
3015 KAREN DRIVE (Parcel ID 61839120006)
3155 KAREN DRIVE(Parcel ID 61840320002)
3152 KAREN DRIVE(Parcel ID 61839680009)
3175 KAREN DRIVE(Parcel ID 61839440003)
3205 KAREN DRIVE(Parcel ID 61840280003)
3252 LUNAR STREET(Parcel ID 29430320001)
3029 LUNAR STREET(Parcel ID 53352920005)
3037 LUNAR STREET(Parcel ID 53352880006)
3258 LUNAR STREET(Parcel ID 29430240000)
3991 NEW MOON COURT(Parcel ID 53351480009)
3962 HARVEST COURT(Parcel ID 53351680003)
3979 HARVEST COURT(Parcel ID 53352240002)
3991 HARVEST COURT(Parcel ID 53352200000)
4000 HARVEST COURT(Parcel ID 53351800003)
4005 HARVEST COURT(Parcel ID 53352160001)
4032 FULL MOON COURT(Parcel ID 53350240004)
4048 FULL MOON COURT(Parcel ID 53350260000)
1461
The minimum bid price is $14,000,per lot, all cash, with a ten percent(10%) deposit required at
time of contract. The properties will be sold "as is" and each conveyance shall include deed
restrictions limiting the type of uses to residential construction (mobile homes are not permitted).
All of the parcels are zoned MH-BMUD-R3, and permit single-family homes. Impact fee credits
may be available and shall be verified by the buyer. The awarded bidder/bidders will be required
to enter into a contract with the Collier County Community Redevelopment Agency, and all
terms and conditions are subject to approval by the Collier County Community Redevelopment
Agency. The awarded bidder will be responsible for paying closing costs as are standard for
buyers in the Naples real estate market.
Anyone interested in viewing and/or receiving information packets on the properties should
contact the Bayshore/Gateway Triangle CRA at 239-643-1115.
PLEASE MAIL OR HAND DELIVER PROPOSALS TO:
Attn: Proposal
Bayshore/Gateway Triangle CRA
3570 Bayshore Drive,Unit#102
Naples,Florida 34112
(Indicate: "PROPOSAL" on envelope)
PROPOSALS MUST BE MADE BY THOSE INTERESTED WITHIN 30 DAYS AFTER THE
DATE OF THIS NOTICE.
This 3 day of April, 2014
Collier County Community Redevelopment Agency,
Srn'2 -
•mit s iy:
Jean Ji rdan,Interim ■Guector
Bayshore/Gateway Triangle CRA
14B1
Acct #068839
April 4, 2014
Attn: Legals
Naples News Media
1100 Immokalee Road
Naples, FL 34110
Re: CRA Notice —Bayshore Vacant Lot Sale
Dear Legals:
Please advertise the above referenced notice on Wednesday, April 9, 2014
and send the Affidavit of Publication, in Triplicate, to this office.
Thank you.
Sincerely,
Ann Jennejohn,
Deputy Clerk
P.O. #4500146317 — Please reference on Invoice
LEGAL NOTICE 14B1
PROPERTY FOR SALE
INVITATION FOR SEALED BID PROPOSALS
NOTICE IS HEREBY GIVEN THAT THE COLLIER COUNTY COMMUNITY
REDEVELOPMENT AGENCY IS SOLICITING BID PROPOSALS FROM INTERESTED
PARTIES FOR THE PURCHASE OF ANY OR ALL OF THE FOLLOWING EIGHTEEN (18)
VACANT LOTS LOCATED WITHIN THE BAYSHORE REDEVELOPMENT AREA:
3000 KAREN DRIVE (Parcel Id 61839560006)
3015 KAREN DRIVE (Parcel ID 61839120006)
3155 KAREN DRIVE (Parcel ID 61840320002)
3152 KAREN DRIVE (Parcel ID 61839680009)
3175 KAREN DRIVE (Parcel ID 61839440003)
3205 KAREN DRIVE (Parcel ID 61840280003)
3252 LUNAR STREET (Parcel ID 29430320001)
3029 LUNAR STREET (Parcel ID 53352920005)
3037 LUNAR STREET (Parcel ID 53352880006)
3258 LUNAR STREET (Parcel ID 29430240000)
3991 NEW MOON COURT (Parcel ID 53351480009)
3962 HARVEST COURT (Parcel ID 53351680003)
3979 HARVEST COURT (Parcel ID 53352240002)
3991 HARVEST COURT (Parcel ID 53352200000)
4000 HARVEST COURT (Parcel ID 53351800003)
4005 HARVEST COURT (Parcel ID 53352160001)
4032 FULL MOON COURT (Parcel ID 53350240004)
4048 FULL MOON COURT (Parcel ID 53350260000)
The minimum bid price is $14,000, per lot, all cash, with a ten percent (10%) deposit required at
time of contract. The properties will be sold "as is" and each conveyance shall include deed
restrictions limiting the type of uses to residential construction (mobile homes are not permitted).
All of the parcels are zoned MH-BMUD-R3, and permit single-family homes. Impact fee credits
may be available and shall be verified by the buyer. The awarded bidder/bidders will be required
to enter into a contract with the Collier County Community Redevelopment Agency, and all
terms and conditions are subject to approval by the Collier County Community Redevelopment
Agency. The awarded bidder will be responsible for paying closing costs as are standard for
buyers in the Naples real estate market.
Anyone interested in viewing and/or receiving information packets on the properties should
contact the Bayshore/Gateway Triangle CRA at 239-643-1115.
PLEASE MAIL OR HAND DELIVER PROPOSALS TO:
Attn: Proposal
Bayshore/Gateway Triangle CRA
3570 Bayshore Drive, Unit#102
Naples, Florida 34112
(Indicate: "PROPOSAL" on envelope)
PROPOSALS MUST BE MADE BY THOSE INTERESTED WITHIN
30 DAYS AFTER THE DATE OF THIS NOTICE.
Ann P. Jennejohn 1 4 B 1
To: legals @naplesnews.com
Subject: CRA Notice - Bayshore Vacant Lots Sale
Attachments: CRA Notice - Bayshore Vacant Lots Sale.doc; Bayshore Vacant Lots Sale.doc
Good Morning,
Please advertise the attached on Wednesday, April 9, 2014.
Thank you!
Ann Jenne john, Deputy Clerk
Clerk of the Circuit Court
Clerk of the Value Adjustment Board
Collier County Minutes & Records Dept.
239-252-8406
239-252-8408 (Fax)
Ann P. Jennejohn 1 4 B 1
From: Panciera,Angela <AMPanciera @Naplesnews.com>
Sent: Tuesday, April 08, 2014 12:08 PM
To: Ann P.Jennejohn
Subject: Legal Noitce Confirmation for Bayshore Gateway
Attachments: UAS912C.jpg
Hi Ann,
I am sending this email on behalf of Carol. Here is the Legal Notice for Bayshore Gateway that will need
approval before 1:30 today.
Once approved, please reply back to Carol with the Ok to run.
Ad Number 2022950
Total Ad Cost $340.26
Regards,
Angela Panciera Inside Sales Consultant
Naples Daily News 1100 Immokalee Road Naples, FL 34110
0: 239.435.3418 I F: 239.263.4703 (Please include ATTN: Angela Panciera) Ampanciera @naplesnews.com I
naplesnews.com I scripps.com
Putting Your World In Your Hands
Call or click today to activate! (239) 213-6000 or naplesnews.com/subscribe
14B1
BAYSHORE GATEWAY TRIANGLE CRA
18 VACANT LOTS FOR SALE
LEGAL NOTICE
PROPERTY FOR SALE
INVITATION FOR SEALED BID PROPOSALS
NOTICE IS HEREBY GIVEN THAT THE COLLIER COUNTY COMMUNITY
REDEVELOPMENT AGENCY IS SOLICITING BID PROPOSALS FROM INTERESTED
PARTIES FOR THE PURCHASE OF ANY OR ALL OF THE FOLLOWING EIGHTEEN (18)
VACANT LOTS LOCATED WITHIN THE BAYSHORE REDEVELOPMENT AREA:
3000 KAREN DRIVE(Parce Id 61839560006)
3015 KAREN DRIVE (Parce ID 61839120006)
3155 KAREN DRIVE(Parce ID 61840320002)
3152 KAREN DRIVE(Parce ID 61839680009)
3175 KAREN DRIVE(Parce ID 61839440003)
3205 KAREN DRIVE (Parca ID 61840280003)
3252 LUNAR STREET(Parcel ID 29430320001)
3029 LUNAR STREET(Parcel ID 53352920005)
3037 LUNAR STREET(Parcel ID 53352880008)
3258 LUNAR STREET(Parcel ID 29430240000)
3991 NEW MOON COURT(Parcel ID 53351480009)
3962 HARVEST COURT(Parcel ID 53351680003)
3979 HARVEST COURT(Parcel ID 53352240002)
3991 HARVEST COURT (Parcel ID 53352200000)
4000 HARVEST COIJRT(Parcel ID 53351800003)
4005 HARVEST COURT(Parcel ID 53352160001)
4032 FULL MOON COLIRT(Parcel ID 53350240004)
4048 FULL MOON COURT (Parcel ID 53350260000)
The minimum bid price is $14,000, per lot, all cash, with a ten percent (10%)
deposit required at time of contract. The properties will be sold as is and each
conveyance shall include deed restrictions limiting the type of uses to residential
(OnitrUCtiOn (mobile homes are not permitted). All of the parcels are zoned
MH-BMUD-R3,and permit single-family homes. Impact fee credits may be available
and shall be verified by the buyer. The awarded bidder/bidders will be required to
enter into a contract with the Collier County Community Redevelopment Agency,
and all terms and conditions are subject to approval by the Collier County
Community Redevelopment Agency. The awarded bidder will be responsible for
paying closing costs as are standard for buyers in the Naples real estate market.
Anyone interested in viewing and/or receiving information [Jac k ets on the
properties should contact the Bayshare/Gateway Triangle CRA at 239-643-1115
PLEASE MAIL OR HAND DELIVER PROPOSALS TO:
Attn:Proposal
Bayshore/Gateway Triangle CRA
3570 Bayshore Drive, Unit#102
Naples, Florida 34112
(Indicate: "PROPOSAL" on envelope)
PROPOSALS MUST BE MADE BY THOSE INTERESTED WITHIN
30 DAYS AFTER THE DATE OF THIS NOTICE.
April 9,2014 Na. 2022950
1481
Ann P. Jennejohn
From: Polidora, Carol <cpolidora @naplesnews.com>
Sent: Tuesday, April 08, 2014 12:54 PM
To: Ann P.Jennejohn
Subject: RE: Legal Noitce Confirmation for Bayshore Gateway
My pleasure! Hopefully this new system will work out well.
Ad is released for publication...
Original Message
From: Ann P. Jennejohn [mailto:Ann.Jennejohn @collierclerk.com]
Sent: Tuesday, April 08, 2014 12:52 PM
To: Polidora, Carol; Panciera, Angela
Subject: RE: Legal Noitce Confirmation for Bayshore Gateway
Looks great!
Please publish the notice tomorrow, April 9th.
Thank you again for your help with this ad!
Ann
Original Message
From: Panciera, Angela [mailto:AMPanciera @Naplesnews.com]
Sent: Tuesday, April 08, 2014 12:08 PM
To: Ann P. Jennejohn
Subject: Legal Noitce Confirmation for Bayshore Gateway
Hi Ann,
I am sending this email on behalf of Carol. Here is the Legal Notice for Bayshore Gateway that will need
approval before 1:30 today.
Once approved, please reply back to Carol with the Ok to run.
Ad Number 2022950
Total Ad Cost $340.26
Regards,
Angela Panciera Inside Sales Consultant
Naples Daily News 1100 Immokalee Road Naples, FL 34110
0: 239.435.3418 I F: 239.263.4703 (Please include ATTN: Angela Panciera) Ampanciera @naplesnews.com I
naplesnews.com I scripps.com
Putting Your World In Your Hands
1481
Naples Daily News
Naples, FL 34110 •
Affidavit of Publication
Naples Daily News
+
JEAN JOURDAN
BAYSHORE GATEWAY CRA
3570 BAYSHORE DR STE 102
NAPLES FL 34112 NOTICE
NOTICE
LEGAL NOTICE
PROPERTY FOR SALE
REFERENCE: 068839 INVITATION FOR SEALED BID PROPOSALS
• 59745228 LEGAL NOTICEPROPERT'. REDEVELOPMENTRAGEN YIVIS SOLCTINGHEBID PROPOSALS FM COMMUNITY
F OMNERESTED
PARTIES FOR THE PURCHASE OF ANY OR ALL OF THE
VACANT LOTS LOCATED WITHIN THE BAYSHOREREEDEVELOPMEN FOLLOWING REAEIGHTEEN (18)
State of Florida
3000 KAREN DRIVE(Parce Id 61839560006)
County of Collier 3015 KAREN DRIVE(Parce ID 61839120006)
3155 KAREN DRIVE(Parce ID 61840320002)
Before the undersigned authority, persor 3175 KAREN DRIVE(Parce ID 61839440003)
appeared Robin Calabrese, who on oath says 3205 KAREN DRIVE(Parce ID 61840280003)
3252 LUNAR STREET(Parcel ID 29430320001)
she serves as the Advertising Director of 3029 LUNARSTREET(Parcel1D53352920005)
3037 LUNAR STREET(Parcel ID 53352880006) .4
Naples Daily News, a daily newspaper publi 3258 LUNAR STREET(Parcel ID 29430240000) S
3991 NEW MOON COURT(Parcel 53351480009)
Naples, in Collier County, Florida. that 3971 NEWMS7COURT(T(ParelID52240002)
attached copy of advertising was published 3991
000 HARVEST COURT(Parcel ID 53351800003)
newspaper on dates listed. 4005 HARVEST COURT(Parcel ID 53352160001)
Y L' 4032 FULL MOON COURT(Parcel ID 53350240004)
Affiant further says that the said Naple 4048 FULL MOON bid dOURT(PsrceI ,000, per lot,
depominr quiredat price
ime of$ontOract.pTheloptfoPerties wiwith be sold ten is"eand(leach
News is a newspaper published at Naples, 1 conveyance shall include deed restrictions limiting the type of uses to residential
Collier County, Florida, and that the said construction(mobile homes are not permitted). All o the parcels are zoned'
Y MH-eyance 3,and p single-family homes. Impact fee credits may bree available
end shall a and permit ermith the CollT homes. Impact
ntydRedevelopmentAgency,
newspaper has heretofore been continuously y
published in said Collier County, Florida, and all terms and Ponditions are subject to approval by the Collier County
p Y Community Redevelopment Agency. The awarded bidder will be responsible for
day and has been entered as second class m� Paying closing costs as are standard for buyers in the Naples real estate market.
matter at the post office in Naples in sa• Anyone interested in viewing and/or receiving information packets on the Naples, - propertiershouldcontadtheBayshore/GatewayTriangleCRAat239-643-1115.
Collier County, Florida, for a period of 1 PL EASE MAIL ORHANDDEWERPROPOSALSTO:
next preceding the first publication of the Attn:Propozal
attached copy of advertisement; and affiant 35n:Prohoe��ve,UnIt#102
further says that he has neither paid nor Naples,Florida34112
promised any person, firm or corporation ar (Indicate:"PROPOSAL"on envelope)
PROPOSALS MUST BE MADE BY THOSE INTERESTED WITHIN
discount, rebate, commission or refund for 30 DAYS AFTER THE DATE OF THIS NOTICE. . , •• r
purpose of securing this advertisement for
publication in the said newspaper.
PUBLISHED ON: 04/09
AD SPACE: 106 LINE
FILED ON: 04/09/14
Signature of Affiant Vf—e .
Sworn to and Subscribed -• ore m_ th' s ; day of PO—, 20
L/
Personally known by me �, `�`�� _ .__-
a"' CAROL POLIDORA
pit MY COMMISSION 4 EE 851758
'^ 467.: EXPIRES:November 28,2014
'F.....rQ.•` Bonded Thru Pichard Insurance Agency
ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 1 pip
TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO 1
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
Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete 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 Attorney Office.
Route to Addressee(s) (List in routing order) Office Initials Date
1.
2.
3. County Attorney Office County Attorney Office
6/15/i
4. BCC Office Board of County .%`vF
Commissioners \/ ( / s\tkc\v-k
5. Minutes and Records Clerk of Court's Office
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 Bayshore/Ga way CRA Phone Number 643-1115
Contact/ Department --EAN 3pv(L IAA
Agenda Date Item was 5/13/14 Agenda Item Number 14.B.1
Approved by the BCC
Type of Document Purchase Agreement&Statutory Deed Number of Original 2
Attached Documents Attached
PO number or account 7o <_c_c2)V- �A �\ �•
number if document is T � v \`'�
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? Yes
2. Does the document need to be sent to another agency for additional signatures? If yes, N/A V
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 JJ
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 M- (J 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 JJ
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 JJ
signature and initials are required.
7. In most cases(some contracts are an exception),the original document and this routing slip
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 5/13/14 (enter date)and all
changes made during the meeting have been incorporated in the attached document.
The County Attorney's Office has reviewed the chan g es,if as licable.
9. Initials of attorney verifying that the attached document is the version approved by the Qk
BCC,all changes directed by the BCC have been made,and the document is ready for th
signature.
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
i4Bj
MEMORANDUM
Date: May 19, 2014
To: Jean Jourdan, Interim Director
Bayshore Gateway Triangle CRA
From: Teresa Cannon, Deputy Clerk
Minutes & Records Department
Re: Purchase Agreement and Statutory Deed — Love & Legacy,
LLC (Bayshore CRA)
Attached, is the originals of the Agreement and Deed as referenced above,
(Agenda Item #14B1) was approved by the Board of County
Commissioners on Tuesday, May 13, 2014.
Once recorded please forward the items back to the Minutes and Records
Department to be held in the Board's Official Records.
If you should have any questions, please contact me at 252-8411.
Thank you,
BAYSHORE CRA 1 4 61
Folio Numbers: 61840280003,61839680009,61839560006,
61839440003,61840320002,29430240000,53352920005,53352880006,
61839120006,53351480009,53351680003,53351800003,53350240004,
29430320001,53350260000,53352200000,53352240002&53352160001
PURCHASE AND SALE AGREEMENT
THIS PURCHASE AGREEMENT (hereinafter referred to as the "Agreement") is made and
entered into by and between COLLIER COUNTY COMMUNITY REDEVELOPMENT AGENCY, its
successors and assigns, whose mailing address is 3299 Tamiami Trail E., Naples, FL 34112
(hereinafter referred to as "Seller"), and LOVE & LEGACY LLC, a Florida limited liability company, its
successors and assigns, whose mailing address is 4947 Tamiami Trail North, Suite 106, Naples,
Florida 34103, (hereinafter referred to as "Purchaser");
WHEREAS, Seller is the owner of those certain parcels of real property (hereinafter collectively
referred to as "Property"), located in Collier County, State of Florida, and being more particularly
described in Exhibit"A", attached hereto and made a part hereof by reference.
Subject to easements, restrictions, and reservations of record.
WHEREAS, Seller desires to convey the Property "as is" to Purchaser for the stated purposes
and Purchaser desires to acquire the Property "as is", on the terms and conditions set forth herein;
and
WHEREAS, Purchaser has agreed to compensate Seller for conveyance of the Property;
NOW THEREFORE, in consideration of these premises, and other good and valuable
consideration, the receipt and sufficiency of which is hereby mutually acknowledged, it is agreed by
and between the parties as follows:
1. Seller shall convey the Property to Purchaser via Statutory Deed for the sum of TWO
HUNDRED SEVENTY ONE THOUSAND THREE HUNDRED and no/100 Dollars ($271,300),
payable by wire transfer (said transaction hereinafter referred to as the "Closing"). Said
payment shall be full compensation for the Property conveyed. This is a cash transaction with
no contingencies for financing.
2. Purchaser shall deliver a deposit of TWENTY SEVEN THOUSAND ONE HUNDRED THIRTY
and no/100 Dollars ($27,130) together with this Agreement signed by Purchaser. The deposit
will be held in escrow by Michael Baviell, Jr., PA., ("Escrow Agent") subject to clearance.
Escrow Agent's address is 800 Seagate Dr., #204, Naples, FL 34103; Phone: (239) 434-6644.
3. The effective date of the Agreement shall be the date the CRA Chairman signs the Agreement
("Effective Date").
4. Seller shall provide Purchaser with a copy of their existing Owner's Title Insurance Policies as
title evidence. Purchaser, at their expense, will be responsible for obtaining their own title
insurance commitment and Owner's Policy of Title Insurance.
5. The Closing of the transaction shall be held on or before thirty (30) days from the Effective Date.
At Closing, Purchaser shall deliver the wire transfer to Seller and Seller shall deliver the fully
executed Statutory Deed to the Purchaser. Purchaser shall be entitled to full possession of the
Property at Closing.
6. Seller shall convey a marketable fee simple title free of any liens, encumbrances, exceptions, or
qualifications. Marketable title shall be determined according to applicable title standards
adopted by the Florida Bar and in accordance with law.
7. Each party shall be responsible for the payment of its own attorney's fees, if any. Purchaser, at
its sole cost and expense, shall pay at Closing all documentary stamp taxes due relating to the
recording of the Statutory Deed, in accordance with Chapter 201.01, Florida Statutes, and the
cost of the title commitment and the title policy. Purchaser shall pay for the cost of recording the
Statutory Deed. The cost of recording any instruments necessary to clear Seller's title to the
Property will be paid by Seller.
8. Ad Valorem and Non-Ad Valorem property taxes shall be prorated between Seller and
Purchaser on a 365-day calendar or fiscal year, as appropriate, and shall be based on the
current year's tax. If Closing occurs at a date which the current year's tax is not fixed, taxes will
be prorated based upon such prior year's tax. In determining prorations, the closing date shall
be allocated to Purchaser.
9. Brokerage commissions in the amount of SIXTEEN THOUSAND TWO HUNDRED AND
SEVENTY EIGHT and no/100 Dollars ($16,278) shall be paid out of the Seller's proceed at the
time of closing.
10. Purchaser acknowledges there shall be covenants that run with the lands of the property within
the Community Redevelopment Plan and herein described that will be fully binding on any
successors, heirs, and assigns of owners who may acquire any right, title, or interest in or to the
property: A) Mobile homes shall not be permitted on this site; and B) Construction must
commence as outlined in Exhibit"B".
11. Conveyance of the Property by Seller is contingent upon no other provisions, conditions, or
premises other than those so stated herein; and the written Agreement shall constitute the
Purchase Agreement Page 2
entire Agreement and understanding of the parties, and there are no other prior or written or oral
agreements, undertakings, promises, warranties, or covenants not contained herein.
12. This Agreement and the provisions hereof shall be effective as of the date this Agreement is
executed by both parties and shall inure to the benefit of and be binding upon both parties
hereto and their respective heirs, executors, personal representatives, successors, successor
trustees, and/or assignees, whenever the context so requires or admits.
13. Any amendment to this Agreement shall not bind any of the parties hereto unless such
amendment is in writing and executed and dated by Purchaser and Seller. Any amendment to
this Agreement shall be binding upon Purchaser and Seller as soon as it has been executed by
both parties.
14. No waiver of any provision of this Agreement shall be effective unless it is in writing signed by
the party against whom it is asserted, and any waiver of any provision of this Agreement shall
be applicable only to the specific instance to which it is related and shall not be deemed to be a
continuing or future waiver as to such provision or a waiver as to any other provision.
15. This Agreement is governed and construed in accordance with the laws of the State of Florida.
16. The terms of the contract must be performed within the times specified herein as time is of the
essence.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the dates set
forth herein below.
Date Property conveyance approved by BCC:
AS TO SELLER:
DATED: S I cI 111-1
ATTEST: , COUNTY COMMUNITY
DWIGHT E. BROCK;Gtprk REDEVELOPMENT AGENCY
lowsrA_OJA, ..4Ast, ..e_______
BY: G'` Z a�
Q1`utyClerk DON A FIALA, Chairman
Attest as to Chemins s
sighatumpnly.
AS TO PURC AS R:
A TED: 5 arm,
Ilk i
LOVE & LEGA L' - Odds
+
I `_ limited liabili co p.
Witn-ss(Signat -)Mr 1 ^. By
- Calixto Mo tens.•ro, as ) nager
Name: _11 . . „a.1. 'V0-_...
(Print or Typ-)
Witness(Signature '
Name: 1(nmyanet ,1,c1
(Print or Type)
Approved as to form and legality:
Jennffe A`Belpeoi•
Assistant County ' •rney
Cq
1481
Purchase Agreement Page 3
EXHIBIT "A"
PARCEL #1: 3155 Karen Drive (Tax Id # 61840320002), described as: Lot 15, Tarpon
Mobile Home, more particularly described as: Beginning at the Northeast corner of Lot 100,
Naples Grove and Truck Co's Little Farms No. 2, according to plat in Plat Book 1, Page 27,
Public Records of Collier County, Florida; thence North 89 degrees 26 minutes 46 seconds
West, 480.0 feet to the POINT OF BEGINNING: thence South 00 degrees 09 minutes 00
seconds West, 139.0 feet; thence South 89 degrees 26 minutes 40 seconds East, 60.0 feet;
thence North 00 degrees 09 minutes 00 seconds East, 139.0 feet; thence North 89 degrees
26 minutes 40 seconds West, 60.0 feet to the POINT OF BEGINNING.
PARCEL #2: 3175 Karen Drive (Tax Id # 61839440003), described as: Lot 16, of an
unrecorded plat: Commencing at the Northeast corner of Lot 100, Naples Grove and Truck
Co's Little Farms No. 2, according to plat in Plat Book 1, Page 27, Public Records of Collier
County, Florida; thence North 89 degrees 26 minutes 40 seconds West, 420.0 feet to the
POINT OF BEGINNING: thence South 00 degrees 09 minutes 00 seconds West, 139.0 feet;
thence South 89 degrees 26 minutes 40 seconds East, 60.0 feet; thence North 00 degrees
09 minutes 00 seconds East, 139.0 feet; thence North 89 degrees 26 minutes 40 seconds
West, 60.0 feet to the POINT OF BEGINNING.
PARCEL #3: 3152 Karen Drive (Tax Id # 61839680009), described as: Lot 37, Tarpon
Mobile Homes, more particularly described as follows: Beginning at the Northeast corner of
Lot 100, Naples Grove and Truck Co.'s Little Farms No. 2, according to the plat in Plat Book
1, Page 27, of the Public Records of Collier County, Florida; thence South 00 degrees, 09
minutes 50 seconds, West 337.8 feet; thence North 89 degrees, 27 minutes 00 seconds,
West 480.0 feet to the POINT OF BEGINNING: thence North 00 degrees, 09 minutes 00
seconds, East 139.0 feet; thence South 89 degrees, 27 minutes 00 seconds, East 60.0 feet;
thence South 00 degrees, 09 minutes 00 seconds, West 139.0 feet; thence North 89
degrees, 27 minutes 00 seconds, West 60.0 feet to the POINT OF BEGINNING.
PARCEL #4: 3000 Karen Drive (Tax Id # 61839560006), described as: Lot 28, Tarpon
Mobile Homesites, more particularly described as follows: Beginning at the Northwest corner
of Lot 100, Naples Grove and Truck Co.'s Little Farms No. 2, according to the Plat Book 1,
Page 27, of the Public Records of Collier County, Florida; thence South 00 degrees, 09
minutes 00 seconds, West 337.9 feet; thence South 89 degrees, 27 minutes 00 seconds,
East 296.81 feet to the POINT OF BEGINNING: thence South 89 degrees, 27 minutes 00
seconds, East 60.0 feet; thence North 00 degrees, 09 minutes 00 seconds, East 139.0 feet;
thence North 89 degrees, 26 minutes 40 seconds, West 60.0 feet; thence South 00 degrees,
09 minutes 00 seconds, West 139.0 feet to the POINT OF BEGINNING.
PARCEL #5: 3205 Karen Drive (Tax Id # 61840280003), described as: Lot 18 Tarpon Mobile
Homesites, more particularly described as follows: Beginning at the Northeast corner of Lot
100, Naples Grove and Truck Co.'s Little Farms No. 2 Subdivision, according to the Plat
Book 1, Page 27, of the Public Records of Collier County, Florida; thence North 89 degrees,
26 minutes 40 seconds, West 300.0 feet to the POINT OF BEGINNING: thence South 00
degrees, 09 minutes 00 seconds, West 139.0 feet; thence South 89 degrees, 26 minutes 40
seconds, East 60.0 feet; thence North 00 degrees, 09 minutes 00 seconds, East 139.0 feet;
thence North 89 degrees, 26 minutes 40 seconds, West 60.0 feet to the POINT OF
BEGINNING.
PARCEL #6: 3258 Lunar Street (Tax Id # 29430240000), described as: Lot 7, Crews
Subdivision, in accordance with and subject to the plat recorded in Plat Book 9, Page 48,
Public Records of Collier County, Florida.
PARCEL #7: 3029 Lunar Street (Tax Id # 53352920005), described as: Lot 90, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL #8: 3037 Lunar Street (Tax Id # 53352880006), described as: Lot 89, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
CV/7 0
14B
Purchase Agreement Page 4
(Tax Id # 61839120006
PARCEL #9: 3015 Karen Drive ( ), described as: Lot 7, Tarpon Mobile
Estates, an unrecorded plat, more particularly described as follows: Beginning at the
Northwest corner of Lot 100, Naples Grove and Truck Co's Little Farms No. 2, in accordance
with and subject to the plat recorded in Plat Book 1, Page 27A, Public Records of Collier
County, Florida; thence South 89 degrees 26 minutes 40 seconds East 356.81 feet to the
POINT OF BEGINNING: thence South 89 degrees 26 minutes 40 seconds East 60.0 feet;
thence South 00 degrees 09 minutes 50 seconds West 139.0 feet; thence North 89 degrees
27 minutes 00 seconds West 60.0 feet; thence North 00 degrees 09 minutes 00 seconds
West, 139.0 feet to the POINT OF BEGINNING.
Lot 100 of Naples Grove and Truck Co's Little Farms No. 2 Subdivision and Lot 100 of
Naples Groves and Truck Co's Little Farms No. 2, Section 23 Township 50 South, Range 25
East, as recorded in Plat Book 1, Page 27A, Public Records of Collier County, Florida are
one and the same.
PARCEL#10: 3991 New Moon Ct (Tax Id # 53351480009), described as: Lot 43, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL #11: 3962 Harvest Ct (Tax Id # 53351680003), described as: Lot 48, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL #12: 4000 Harvest Ct (Tax Id # 53351800003), described as: Lot 51, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL #13: 4032 Full Moon Ct (Tax Id # 53350240004), described as: Lot 7, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL#14: 3252 Lunar (Tax Id # 29430320001), described as: Lot 9, Crews Subdivision,
in accordance with and subject to the plat recorded in Plat Book 9, Page 48, Public Records
of Collier County, Florida.
PARCEL #15: 4048 Full Moon Ct (Tax Id # 53350260000), described as: Lot 8, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL #16: 3991 Harvest Ct (Tax Id # 53352200000), described as: Lot 66, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
PARCEL#17: 3979 Harvest Ct (Tax Id # 53352240002), described as: Lot 67 and the South
half (1/2) of Lot 68, Lake Kelly, Unit 2, in accordance with and subject to the plat recorded in
Plat Book 3, Page 93, Public Records of Collier County, Florida.
PARCEL #18: 4005 Harvest Ct (Tax Id # 53352160001), described as: Lot 65, Lake Kelly,
Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page 93, Public
Records of Collier County, Florida.
II
CA
1481
Purchase Agreement Page 5
EXHIBIT "B"
All homes will be single family, concrete block construction. Purchaser will make best efforts
to make sure the properties are sold such that they will be owner occupied or occupied by
seasonal residents.
Proposed Building Time-Frame
Phase One: Building shall commence on first two lots within 30 days of closing.
Phase Two: Building shall commence on next four lots within 6 months of closing.
Phase Three: Building shall commence on six additional lots within one year of closing.
Phase Four: Building shall commence on remaining six lots within 18 months of
closing.
Buildings shall be deemed complete when a certificate of occupancy is issued.
Subject to force majeure, parcels not receiving a certificate of occupancy within 24 months of
close and settlement shall automatically revert to Seller or its successors or assigns, without
the necessity of Seller or its successors or assigns taking any affirmative action to effectuate
the reverter.
Force Majeure: Fire, flood, earthquake or hurricane or for any other cause similar to those
enumerated.
Z B 1
BAYSHORE CRA
Folio Numbers. 61840280003,61839680009,61839560006,
61839440003,61840320002,29430240000,53352920005,53352880006,
61839120006,53351480009,53351680003,53351800003,53350240004,
29430320001,53350260000,53352200000,53352240002&53352160001
STATUTORY DEED
THIS STATUTORY DEED, made this day of , 2014, by
COLLIER COUNTY COMMUNITY REDEVELOPMENT AGE , its successors and
assigns, whose mailing address is 3299 Tamiami Trail E., Naples, FL 34112,
hereinafter called the Grantor, to LOVE & LEGACY LLC, a Florida limited liability
company, whose mailing address is 4947 Tamiami Trail North, Suite 106, Naples,
Florida 34103, hereinafter called the Grantee.
(Whenever used herein the terms "Grantor" and "Grantee" include all the parties to this instrument and their
respective heirs, successors or assigns.)
WITNESSETH that the Grantor, for and in consideration of the sum of Ten
Dollars, ($10.00) to it in hand paid by the Grantee, receipt whereof is hereby
acknowledged, does hereby grant, bargain and sell unto the Grantee, the following
described land lying and being in Collier County, Florida:
SEE ATTACHED EXHIBIT "A",
ATTACHED HERETO AND MADE A PART HEREOF
SUBJECT TO the following deed restrictions:
1. Property is restricted to residential structures that conform to the design
standards of the Bayshore Mixed Use Overlay District;
2. Mobile homes shall not be permitted on this site; and
3. Parcels not receiving a certificate of occupancy within 24 months of close and
settlement shall automatically revert to Seller or its successors or assigns, without
the necessity of Seller or its successors or assigns taking any affirmative action to
effectuate the transfer as further set forth in Exhibit "B".
Further subject to easements, restrictions, and reservations of record.
IN WITNESS WHEREOF the said Grantor has caused these presents to be
executed by the Collier County Community Redevelopment Agency, acting through its
Chairman, the day and year aforesaid.
This Conveyance Approved by BCC: May 13, 2014 - Agenda Item # 14B1
ATTEST' a COLLIER COUNTY COMMUNITY
DWIGHT'S .BJ OCK, Clerk REDEVELOP ENT AGENCY
1 BY: )-.
Attest as to Ch.airmanbeputy Clerk DONNA IALA, Chairman
signature.only.
Approved as to form and legality:
Jennifer A. Belp
Assistant County orney
rie)
"A"
14 B 1
«
EXHIBIT A
PARCEL #1: 3155 Karen Drive (Tax Id # 61840320002), described as: Lot 15, Tarpon
Mobile Home, more particularly described as: Beginning at the Northeast corner of Lot
100, Naples Grove and Truck Co's Little Farms No. 2, according to plat in Plat Book 1,
Page 27, Public Records of Collier County, Florida; thence North 89 degrees 26
minutes 46 seconds West, 480.0 feet to the POINT OF BEGINNING: thence South 00
degrees 09 minutes 00 seconds West, 139.0 feet; thence South 89 degrees 26 minutes
40 seconds East, 60.0 feet; thence North 00 degrees 09 minutes 00 seconds East,
139.0 feet; thence North 89 degrees 26 minutes 40 seconds West, 60.0 feet to the
POINT OF BEGINNING.
PARCEL #2: 3175 Karen Drive (Tax Id # 61839440003), described as: Lot 16, of an
unrecorded plat: Commencing at the Northeast corner of Lot 100, Naples Grove and
Truck Co's Little Farms No. 2, according to plat in Plat Book 1, Page 27, Public Records
of Collier County, Florida; thence North 89 degrees 26 minutes 40 seconds West,
420.0 feet to the POINT OF BEGINNING: thence South 00 degrees 09 minutes 00
seconds West, 139.0 feet; thence South 89 degrees 26 minutes 40 seconds East, 60.0
feet; thence North 00 degrees 09 minutes 00 seconds East, 139.0 feet; thence North 89
degrees 26 minutes 40 seconds West, 60.0 feet to the POINT OF BEGINNING.
PARCEL #3: 3152 Karen Drive (Tax Id # 61839680009), described as: Lot 37, Tarpon
Mobile Homes, more particularly described as follows: Beginning at the Northeast
corner of Lot 100, Naples Grove and Truck Co.'s Little Farms No. 2, according to the
plat in Plat Book 1, Page 27, of the Public Records of Collier County, Florida; thence
South 00 degrees, 09 minutes 50 seconds, West 337.8 feet; thence North 89 degrees,
27 minutes 00 seconds, West 480.0 feet to the POINT OF BEGINNING: thence North
00 degrees, 09 minutes 00 seconds, East 139.0 feet; thence South 89 degrees, 27
minutes 00 seconds, East 60.0 feet; thence South 00 degrees, 09 minutes 00 seconds,
West 139.0 feet; thence North 89 degrees, 27 minutes 00 seconds, West 60.0 feet to
the POINT OF BEGINNING.
PARCEL #4: 3000 Karen Drive (Tax Id # 61839560006), described as: Lot 28, Tarpon
Mobile Homesites, more particularly described as follows: Beginning at the Northwest
corner of Lot 100, Naples Grove and Truck Co.'s Little Farms No. 2, according to the
Plat Book 1, Page 27, of the Public Records of Collier County, Florida; thence South 00
degrees, 09 minutes 00 seconds, West 337.9 feet; thence South 89 degrees, 27
minutes 00 seconds, East 296.81 feet to the POINT OF BEGINNING: thence South 89
degrees, 27 minutes 00 seconds, East 60.0 feet; thence North 00 degrees, 09 minutes
00 seconds, East 139.0 feet; thence North 89 degrees, 26 minutes 40 seconds, West
60.0 feet; thence South 00 degrees, 09 minutes 00 seconds, West 139.0 feet to the
POINT OF BEGINNING.
PARCEL #5: 3205 Karen Drive (Tax Id # 61840280003), described as: Lot 18 Tarpon
Mobile Homesites, more particularly described as follows: Beginning at the Northeast
corner of Lot 100, Naples Grove and Truck Co.'s Little Farms No. 2 Subdivision,
according to the Plat Book 1, Page 27, of the Public Records of Collier County, Florida;
thence North 89 degrees, 26 minutes 40 seconds, West 300.0 feet to the POINT OF
BEGINNING: thence South 00 degrees, 09 minutes 00 seconds, West 139.0 feet;
thence South 89 degrees, 26 minutes 40 seconds, East 60.0 feet; thence North 00
degrees, 09 minutes 00 seconds, East 139.0 feet; thence North 89 degrees, 26 minutes
40 seconds, West 60.0 feet to the POINT OF BEGINNING.
PARCEL #6: 3258 Lunar Street (Tax Id # 29430240000), described as: Lot 7, Crews
Subdivision, in accordance with and subject to the plat recorded in Plat Book 9, Page
48, Public Records of Collier County, Florida.
PARCEL #7: 3029 Lunar Street (Tax Id # 53352920005), described as: Lot 90, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #8: 3037 Lunar Street (Tax Id # 53352880006), described as: Lot 89, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #9: 3015 Karen Drive (Tax Id # 61839120006), described as: Lot 7, Tarpon
Mobile Estates, an unrecorded plat, more particularly described as follows: Beginning
at the Northwest corner of Lot 100, Naples Grove and Truck Co's Little Farms No. 2, in
accordance with and subject to the plat recorded in Plat Book 1, Page 27A, Public
Records of Collier County, Florida; thence South 89 degrees 26 minutes 40 seconds
East 356.81 feet to the POINT OF BEGINNING: thence South 89 degrees 26 minutes
40 seconds East 60.0 feet; thence South 00 degrees 09 minutes 50 seconds West
139.0 feet; thence North 89 degrees 27 minutes 00 seconds West 60.0 feet; thence
North 00 degrees 09 minutes 00 seconds West, 139.0 feet to the POINT OF
BEGINNING.
Lot 100 of Naples Grove and Truck Co's Little Farms No. 2 Subdivision and Lot 100 of
Naples Groves and Truck Co's Little Farms No. 2, Section 23 Township 50 South,
Range 25 East, as recorded in Plat Book 1, Page 27A, Public Records of Collier
County, Florida are one and the same.
PARCEL #10: 3991 New Moon Ct (Tax Id # 53351480009), described as: Lot 43, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #11: 3962 Harvest Ct (Tax Id # 53351680003), described as: Lot 48, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #12: 4000 Harvest Ct (Tax Id # 53351800003), described as: Lot 51, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #13: 4032 Full Moon Ct (Tax Id # 53350240004), described as: Lot 7, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #14: 3252 Lunar (Tax Id # 29430320001), described as: Lot 9, Crews
Subdivision, in accordance with and subject to the plat recorded in Plat Book 9, Page
48, Public Records of Collier County, Florida.
PARCEL #15: 4048 Full Moon Ct (Tax Id # 53350260000), described as: Lot 8, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #16: 3991 Harvest Ct (Tax Id # 53352200000), described as: Lot 66, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
PARCEL #17: 3979 Harvest Ct (Tax Id # 53352240002), described as: Lot 67 and the
South half (1/2) of Lot 68, Lake Kelly, Unit 2, in accordance with and subject to the plat
recorded in Plat Book 3, Page 93, Public Records of Collier County, Florida.
PARCEL #18: 4005 Harvest Ct (Tax Id # 53352160001), described as: Lot 65, Lake
Kelly, Unit 2, in accordance with and subject to the plat recorded in Plat Book 3, Page
93, Public Records of Collier County, Florida.
EXHIBIT "B" 14 B
All homes will be single family, concrete block construction. Purchaser will make best
efforts to make sure the properties are sold such that they will be owner occupied or
occupied by seasonal residents.
Building Time-Frame
Phase One: Building shall commence on first two lots within 30 days of closing.
Phase Two: Building shall commence on next four lots within 6 months of closing.
Phase Three: Building shall commence on six additional lots within one year of closing.
Phase Four: Building shall commence on remaining six lots within 18 months of closing.
Buildings shall be deemed complete when a certificate of occupancy is issued.
Subject to force majeure, parcels not receiving a certificate of occupancy within 24
months of close and settlement shall automatically revert to Seller or its successors or
assigns, without the necessity of Seller or its successors or assigns taking any
affirmative action to effectuate the reverter.
Force Majeure: Fire, flood, earthquake or hurricane or for any other cause similar to
those enumerated.
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