HomeMy WebLinkAboutResolution 81-10
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#81-10
A RFSOLtJrICN
DE'l'EHUNIN3 '!HE MOJNT OF '!HE RECRFATICNAL ASSESS-
Mm1' IMPOSID IN CDNNECTICN WITH '!HE IEVELa?MENT CF
PICNEER KEY PAR<, D~NIN3 THE. MANNER IN \filCH
IT IS '10 BE PAID AND PRC7JIDIN3 FOR EXEaJTICN AND DE- ....
LIVER! CF PARl'IAL RELEASES OF LIEN AS THE SAME IS
PAID.
BE IT RES)LVED BY '!HE CI'lY cx:MMISSICN CF THE CI'lY CF OCOEE, FLOum, .. "
AS FOLJ:..Clt5:
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Section 1. The CJ1Dunt owed to the City of Ocoee, Florida, by the
devel~r' of Pioneer Key Park for the recreational asses..,nt is the StD of
$63,000.00J
Section 2. The devel~r grants to the City of Oooee, Florida, a
valid first lien on the 12 lots of Pioneer Key, Section 3, which remain
unsold, the sum may be paid at the rate of $5,250.00 up:m the sale of each
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lot rot, in no event later than five years frail the date of said lien,
otheIWise the recreational assessment is declared to be, imnediately due and
owing, in fullJ
Section 3. In exchange for the Flagship Bank of Seminole releasincJ
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its nortgage lien on Pioneer Key Section 3, the City of Ocoee will release'"
arrj claim against Flagship Bank of Seminole for recreational assessme~, in~ . .
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connection with Pioneer Key, Section 1 arx1 2J
Section 4. The City Manager arx1 Deputy City Clerk are hereby author-
ized to collect the ,payments and to execute and deliver on behalf of~ the City
partial releases of the lien as to arrj and all lots sold am no person rely-
ing upon such releases shall be required to look beyond the fact of the ci>cu-
ment as to application of the noney paid or for arr.i other pn:pose.
Section 5. This resolution shall be effective i.nrIediately.
DCNE arx1 RESOLVED at the regular neeting of the City Call1dssion of the
-€ity of Ocoee, Florida, on the 1st day of December , 1981.
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CERI'IFICATE
I, JEAN GRAFlW, as deputy city clerk, hereby certify that the at-
tached arrl foregoing is a true and correct o::vt of the resolution duly
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, enacted by the City Camnission of the City of Ocoee, at its regular neeting
held
1st December
,1981.
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STATE CF FLQRIIY\
CCXJN'lY OF CIWD:
Before me, the undersigned authority, personally cppeared JEAN
GRAFlOO, to ne known to be the person described in the foregoing oertificate,
who, being by me first duly sworn, upon oath, acknowledged that she executed ~-
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the foregoing oertificate and that the same is true and oorrect.
Sworn to before me this ...:2tlNJay of O-G-~"" be~ ,1981.
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N6TARYt:'OBLJ'c:'-STArtlO~F'C6RIl5"X)i.T~;: ::: :::::.:;
MV.COMMISSION EXPIRES JUN'El to.~~ ". (SIAL);:::: ice
BONDJl:D BY Rl;:SEIlVa iNSURAN.C3I i:lcr. ~,-:'-;'. '. -.::.- '" . .
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My canmission expires:
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