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HomeMy WebLinkAboutItem V (A) - Public Hearing - Developement Agreement with Silverstri Investments of Florida, Inc (Prairie Lake) Agenda 4-16-91 Item V A FOLEY & LARDNER III NORTH ORANGE AVENUE, SUITE 1800 ORLANDO, FLORIDA 32801-2386 TELEPHONE (407) 423-7656 FACSIMILE (407) 648-1743 TAMPA, FLORIDA MAILING ADDRESS: MILWAUKEE, WISCONSIN JACKSONVILLE, FLORIDA POST O ,FICE BOX 2193 MADISON, WISCONSIN TALLAHASSEE, FLORIDA ORLAND , FL 32802-2193 WASHINGTON, D.C. WEST PALM BEACH, FLORIDA I ALEXANDRIA, VIRGINIA ANNAPOLIS, MARYLAND MEMORANDUM A April 12 , 1991 CHICAGO, ILLINOIS TO The Honorable Mayor and City Commission of the City of Ocoee FROM : Paul E. Rosenthal, Esq. , City Attorney RE Prairie Lakes PUD/Clark Road/Proposed Development Agreement with Silvestri Investments of Florida, Inc. The City Attorney and the City Staff have previously recommended that the City Commission approve the proposed Amendment to Land Use Plan for Prairie Lakes PUD, along with the Conditions of Ap- proval related thereto, and Ordinance No. 90-52 rezoning certain real property located north of Hackney-Prairie Road which is cur- rently a portion of the Prairie Lakes PUD. This recommendation has been made subject to the execution of an acceptable Develop- ment Agreement relating to the extension of Clark Road from A.D. Mims north to Clarcona-Ocoee Road. In the absence of a commit- ment from Silvestri Investments of Florida, Inc . ( "the Developer") to so extend Clark Road, the City Staff would recommend denial of the Developer ' s application due to a lack of a satisfactory transportation system to support the proposed development ("the Developer' s Project") . We have been working for many months to reach an agreement which would accomplish the objectives of both the City and the Develop- er. Throughout this process the Developer has been willing to extend Clark Road through the Developer ' s property so long as the agreement made economic sense in light of current market con- ditions . The current Development Conditions affecting the Prairie Lakes PUD call for a phased construction of Clark Road with the Developer paving 4 lanes and receiving impact fee credits for 2 lanes of paving within the original Phase II of the Project. How- ever, these Development Conditions are inconsistent with the cur- rent Clark Road Corridor, do not appear to address the extension of Clark Road beyond Hackney-Prairie Road, and do not provide a timetable for completion of the roadway. These conditions are similar to others along Clark Road which we ultimately found to be unworkable. Our goal has been to rework this existing Development Conditions and create a situation equivalent to the policy of the City with respect to other developers along Clark Road. To this end, we sought to have the Developer, at its own expense, extend Clark Road on a timetable acceptable to the City in exchange for Road Impact Fee Credits associated with the cost of the design, engineering, permitting and construction thereof . The donation • The Honorable Mayor and City Commission of the City of Ocoee Prairie Lakes PUD/Clark Road Page Two April 12 , 1991 of all right-of-way and easements, without Road Impact Fee Cre- dits, was also a key element. The objective included the com- pletion of Clark Road from State Road 50 north to Clarcona- Ocoee Road without advancing substantial sums of money or is- suing additional bonds. We also sought to impose the construc- tion obligation on the Developer in order to reduce the admin- istrative and legal burden on the City. We have now reached an agreement with the Developer which ac- complishes these objectives and allows the City Commission to proceed with the public hearings to consider approval of the Developer ' s rezoning applications . Attached hereto is a proposed Development Agreement between the City and Silvestri Investments of Florida, Inc . The Development Agreement is a lengthy and somewhat complex document. The fol- lowing are highlights which should assist you in your review and consideration of the document: (1) The Developer, at its sole cost and expense, will design, engineer, permit and construct Clark Road from A.D. Mims Road north to Clarcona-Ocoee Road. This segment of Clark Road will be constructed as a four-lane divided urban arterial highway from A.D. Mims Road north for a distance of 1,000 feet. Thereafter, only the eastern two lanes (along with a half median) of Clark Road will be constructed to Clarcona-Ocoee Road. (2) The Developer will be obligated to commence construction of Clark Road no later than the earlier of (i) February 5 , 1996, or (ii) the date the Developer applies for a build- ing permit for any portion of the Developer' s Property. (3) Upon completion by the Developer of its segment of Clark Road, the roadway, along with land for future four-laning and all related retention ponds, will be dedicated to the City. (4) There is one segment of the Clark Road Extension between the northern boundary of the Developer' s Property and Clarcona-Ocoee Road which is not owned by the City. This is a 4 .769 acre parcel owned by Richard and Louise Woodbery. It will be the responsibility of the City to acquire this additional right-of-way, at the City's ex- pense, within 14 months of the date the Developer com- The Honorable Mayor and City Commission of the City of Ocoee Prairie Lakes PUD/Clark Road Page Three April 12 , 1991 mences construction of the Clark Road extension; otherwise, the Developer would only be obligated to extend Clark Road to the northern boundary of its property. This acquisition would be funded from either the Road Impact Fee Fund or the Clark Road Bond Issue proceeds . (5) The City would be obligated, at the City' s expense, to design, engineer, permit, and construct as a rural 2-lane roadway the segment of Hackney-Prairie Road which runs through the Developer 's Property and is part of the Prairie Lakes PUD. This would be funded from the Road Impact Fee Fund and construction would commence no later than 8 months after the Developer commences con- struction of Clark Road. The Developer would donate to the City a 100 foot right-of-way and all retention ponds and easements . The Developer would also be re- leased of its obligation to fund 1/3 of the costs (up to a maximum of $54 ,000 .00) of extending Hackney-Prairie Road to Apopka-Vineland Road and the City would fund any resulting shortfall from the Road Impact Fee Fund. Originally, the Staff sought to impose on the Develop- er all of the obligations related to Hackney-Prairie Road. However, neither timing nor financing worked for either party. The agreed upon trade-off was that the Developer would construct Clark Road from its northern boundary to Clarcona-Ocoee Road (on lands which are not part of the Developer' s Project) and the City would assume the obligations associated with Hackney- Prairie Road. (6) All retention ponds related to the roadway will be con- veyed to the City subject to the right of the Developer, at its sole cost and expense, to expand such ponds in order to accommodate development of all or a portion of the Developer ' s Property. Any such expanded ponds would be dedicated to the City which would have maintenance responsibility with respect thereto. The City would not be obligated to maintain any retention ponds which are primarily designed to to serve the Developer' s Property rather than Clark Road and Hackney-Prairie Road. The Honorable Mayor and City Commission of the City of Ocoee Prairie Lakes PUD/Clark Road Page Four April 12 , 1991 (7) The Developer is also required to design, engineer, permit, construct and install certain "Intersection Improvements" at designated intersections impacted by the development of the Developer ' s Property. These requirements are essentially the same as those imposed under the existing Development Conditions . (8) The Road Impact Fee Ordinance expressly authorizes the City Commission to enter into Developer Agree- ments which provide for alternative Road Impact Fee schedules or allow the waiver of Road Impact Fees in consideration of equivalent transportation im- provements . Section 7 of the Development Agreement approves an alternative schedule which is the same as the current schedule. In effect, the Developer will not be subject to any future increases in the Road Impact Fees . If Road Impact Fees subsequently increase, the City would not be able to claim the benefit of both a complete3Clark Road and the incre- mental increase in Road Impact Fees . (9) The Developer will be entitled to receive Road Impact Fee Credits for the actual cost of designing, engineer- ing, permitting and constructing Clark Road (including certain design and engineering costs associated with Hackney-Prairie Road which has previously been incur- red by the Developer) . Additionally, the Developer will receive Road Impact Fee Credits in connection with the actual cost related to certain intersection improvements and for the fair market value of retention pond lands designed to exclusively serve the dedicated roadways, rather than the Developer' s Property. No cre- dits would be granted for the costs associated with the conveyance of the right-of-way. Also, the total cre- dits would not exceed the amount of Road Impact Fees assessed pursuant to the Alternative Road Impact Fee Schedule. It is expected that the money to be expend- ed by the Developer will exceed the Road Impact Fees which would, at today' s rates, otherwise be collected in connection with the development of the Developer' s Property. The net effect is that the Developer will build the Clark Road extension and it is unlikely that the development of the Developer' s Property will generate any cash into the Road Impact Fee Fund. The Honorable Mayor and City Commission of the City of Ocoee Prairie Lakes PUD/Clark Road Page Five April 12 , 1991 (10) In the event the Developer fails to commence con- struction of the Clark Road extension by February 5 , 1996, then the Developer would remain obligated to build the roadway, but would not be entitled to any Road Impact Fees in connection therewith. Under certain circumstances, the deadline could be ex- tended for up to 6 months . Malfeasance, misfeasance or non-feasance by the City or other governmental entities could further extend this deadline . This is a key enforcement provision and creates a sig- nificant monetary incentive for the Developer to complete Clark Road in a timely manner. However, this does not create an absolute guarantee that the time schedule for the Clark Road extension will be met. We explored options involving the posting of bonds or a letter of credit or the imposition of liens on the Developer' s Property, but these options were not economically viable under current market conditions . (11) The City is agreeing that the Development Agreement satisfies all off-site transportation concurrency requirements. Accordingly, the City could not re- fuse to issue a development permit based on trans- portation concurrency issues unless there is a judicial determination or administrative order issued which prevents the City from issuing a de- velopment permit. The Developer has indemnified the City in the event of any challenge to this de- termination by the City. (12) No building permit will be issued with respect to any portion of the Developer ' s Property until the Develop- er has commenced construction of the Clark Road ex- tension. No Certificate of Occupancy will be issued until the Developer has completed construction of the Clark Road extension and the City has accepted the dedication. However, the Developer may ,.obtain a Certificate of Occupancy by posting a cash or surety bond or a letter of credit. These provisions are also critical elements to the enforcement package which encourages timely completion of the roadway. The Honorable Mayor and City Commission of the City of Ocoee Prairie Lakes PUD/Clark Road Page Six April 12 , 1991 (13) Subject to certain curative periods, either party may enforce the Development Agreement by specific performance . (14) The Development Agreement also approves the Land Use Plan and Conditions of Approval for the Prairie Lakes PUD. The Land Use Plan and Conditions of Ap- proval would control over any contrary provisions of the Subdivision Regulations except for those re- lated to storm water management. RECOMMENDATION: It respectfully is recommended that the City Commission approve the proposed Development Agreement between the City and Silvestri Investments of Florida, Inc . authorizing execution thereof by the Mayor and City Clerk. The City Manager and Planning Director concur with this recommendation. CAJ Paul E. Rosenthal per/etb enclosure Carbon copy with enclosure to: Mr. Ellis Shapiro, City Manager Mr. Bruce Behrens, Planning Director Warren E. Williams, Esq. Mrs . Jean Grafton, City Clerk DEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT ("this Agreement") is made and entered into this the day of , 1991 ("the Effective Date") by and between SILVESTRI INVESTMENTS OF FLORIDA, INC. , a Florida corporation, (hereinafter referred to as the "Developer") and the CITY OF OCOEE, a Florida municipal corporation (hereinafter referred to as the "City") . WITNESSET H: WHEREAS, the Developer owns fee simple title to certain land located in the City of Ocoee, Orange County, Florida, said land being more particularly described in Exhibit "A" attached hereto and by this reference made a part hereof (hereinafter referred to as "Parcel A") ; and WHEREAS, the Developer also owns fees simple fee title to certain land located in the City of Ocoee, Orange County, Florida, said land being more particularly described in Exhibit "B" attached hereto and by this reference made a part hereof (hereinafter referred to as "Parcel "B") ; and WHEREAS, Parcel A and Parcel B are contiguous parcels of land and are sometimes hereinafter cumulatively referred to as "the Property" or "the Prairie Lakes PUD"; and WHEREAS, the Property is currently zoned PUD, Planned Unit Development, by the City and Parcel A has been approved by the City for development in accordance with a certain Preliminary Master Plan, dated September 25, 1986, ("the Preliminary Master Plan") such development being subject to certain conditions of approval imposed by the Ocoee City Commission on December 9, 1986; and * * * * * * * * * * * * * * * * * * * * * * THIS INSTRUMENT PREPARED BY AND SHOULD BE RETURNED TO: Paul E. Rosenthal, Esq. FOLEY & LARDNER 111 North Orange Avenue, Suite 1800 Post Office Box 2193 Orlando, FL 32802-2193 (407) 423-7656 WHEREAS, the Developer has petitioned the City for an amendment to the Preliminary Master Plan and conditions of approval as it relates to Parcel A ("the Parcel A Petition") ; and WHEREAS, the Developer has also petitioned the City to rezone Parcel B from PUD to R-1-A, Single-Family Dwelling District, and C-1, Neighborhood Shopping District ("the Parcel B Petition") ; and WHEREAS, the provisions of Section 13 .4 (5) of Chapter IV of Appendix "A" of the Ocoee City Code relating to Planned Unit Developments requires that the approval of a Land Use Plan be made subject to prescribed Conditions of Approval and further subject to a Development Agreement incorporating all plans and conditions of approval by reference; and WHEREAS, the City and the Developer have agreed that the completion of the Clark Road Improvements (as hereinafter defined) is an essential precondition to the development of the Property in accordance with the zoning approvals requested in the Parcel A Petition and the Parcel B Petition; and WHEREAS, the City would not approve the Parcel A Petition or the Parcel B Petition but for the Developer's execution of this Agreement; and WHEREAS, the City has on April 16, 1991 approved the Parcel A Petition and the Parcel B Petition, subject to the exe- cution of this Development Agreement as required by the Ocoee City Code; and WHEREAS, the Parcel A Petition and the Parcel B Petition have been approved by the City in material reliance upon the commitments of the Developer to comply with the provisions of this Agreement which the City deems essential for the development of the Property in a manner consistent with the Ocoee Comprehensive Plan; and - 2 - 'WHEREAS, the Developer has executed this Agreement and agreed to the commitments set forth herein in material reliance upon the City's approval of the Parcel A Petition and the Parcel B Petition and the agreement of the City to comply with the provisions of this Agreement; and WHEREAS, the Developer would have not entered into this Agreement had the City not agreed (1) to the granting of certain impact fee credits as more particularly set forth in this Agreement, which credits are subject to the terms, conditions and limitations set forth in this Agreement, and (2) to the completion, at the City's expense, of certain improvements to a portion of Hackney-Prairie Road, as more particularly set forth in this Agreement; and WHEREAS, approval by the City of the Parcel "A" Petition and the Parcel "B" Petition will be consistent with the 1979 City of Ocoee Comprehensive Plan as set forth in Ordinance No. 719, adopted April 15, 1980 and the Preliminary Submittal Document for the 1991 Ocoee Comprehensive Plan approved for transmittal to the Florida Department of Community Affairs at a public hearing of the Ocoee City Commission held on December 4 , 1990. NOW, THEREFORE, in consideration of the premises and other good and valuable considerations exchanged between the parties hereto, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: Section 1. Recitals. The above recitals are true and correct and are incorporated herein by reference. Section 2. Land Use Plan Approval - Parcel A. (A) Pursuant to the provisions of Chapter 13 of Appendix A of the Ocoee City Code, the City hereby approves with respect to Parcel "A" that certain Land Use Plan, dated August 5, 1985, as revised through April 12 , 1991, and as prepared by Glatting, Lopez, Kercher, Anglin under Project No. 3492 . 01, said Land Use Plan being incorporated herein by reference and made a part hereof ("the Land Use Plan") , subject to those certain Conditions of - 3 - Approval, adopted by the Ocoee City Commission on April 16, 1991, a true copy of said Conditions of Approval being attached hereto as Exhibit "C" and by this reference made a part hereof ("the Conditions of Approval") . (B) The Developer hereby agrees that Parcel A shall be developed in accordance with and is made subject to the Land Use Plan and the Conditions of Approval. (C) The Developer acknowledges and agrees that number of dwelling units and the commercial square footage set forth in the Land Use Plan is the maximum number of dwelling units and the maximum commercial square footage that may be developed on Parcel A. The actual number of dwelling units and the actual commercial square footage shall be determined at the time of approval of the Development Plan for Parcel A, or any phase thereof; provided, however, that the Developer shall be entitled to develop Parcel A with the number of dwelling units and the commercial square footage set forth on the Land Use Plan so long as the Developer and the Development Plan comply with all other applicable provisions of this Agreement, the Land Use Plan and the Conditions of Approval. (D) In the event of any conflict between the Land Use Plan and the Conditions of Approval, the terms of the Conditions of Approval shall prevail. In the event of any conflict between this Agreement and the Land Use Plan and/or the Conditions of Approval, the terms of this Agreement shall prevail. Section 3. Developer's Clark Road Segment. (A) Subject to the terms and conditions of this Agreement, the Developer hereby agrees, at the Developer's sole cost and expense, to design, engineer, permit and construct the Clark Road Improvements (as hereinafter defined) on that certain proposed roadway known as "Clark Road" lying between A.D. Mims Road and Clarcona-Ocoee Road, said proposed roadway being over and across those certain lands described in Exhibit "D" attached hereto and by this reference made a part hereof (hereinafter referred to the "Developer's Clark Road Segment") . - 4 - (B) The Developer's Clark Road Segment shall be designed, engineered, permitted and constructed as a four-lane divided urban arterial highway, all in accordance with the Clark Road Engineering Report, dated August 5, 1990, as prepared by Professional Engineering Consultants, Inc. , said report being incorporated herein by reference and made a part hereof ("the Engineering Report") , except that: (1) Clark Road will be permitted and constructed by the Developer as a four-lane divided urban arterial highway with a full median only from A.D. Mims Road north along the Developer's Clark Road Segment for a distance of 1, 000 feet. (2) The Developer will be required to permit and construct only the eastern two lanes of Clark Road with a half median on the balance of the Developer's Clark Road Segment to Clarcona-Ocoee Road; provided, however, that nothing contained herein shall be construed to obligate the City to, at any time, construct or cause to be constructed the proposed western two lanes of Clark Road on the Developer's Clark Road Segment. (3) The design for the Developer's Clark Road Segment shall include the design and location of retention ponds adequate for the ultimate construction of Clark Road as a four-lane divided urban arterial highway on the Developer's Clark Road Segment; provided, however, that such retention ponds may be incorporated into the retention ponds necessary for the development of the Property as more fully set forth in Section 5 hereof. The design, engineering, permitting and construction of the Deve- loper's Clark Road Segment in accordance with the Engineering Report is hereinafter collectively referred to as "the Clark Road Improvements". For the purposes of this Agreement, all references to the "Clark Road Improvements" shall be deemed to include the following: (i) landscaped medians consistent with the landscaping of Clark Road from State Road 50 north to A.D. Mims Road, such landscaping to be acceptable to the City for maintenance purposes, - 5 - provided, however, that (a) a full median will be constructed only on the 4-lane portion of the Developer's Clark Road Segment; (b) only the eastern half of the median will be constructed along the balance of the Developer's Clark Road Segment, with said half median being a median with concrete curb and grass; and (c) the landscaping will be low maintenance (sod and bushes) without irrigation (but with sleeves for future irrigation) ; (ii) sidewalks five (5) feet in width to be constructed along both sides of Clark Road if constructed by the Developer, provided, however, that this shall not be construed to require the Developer to construct sidewalks except to the extent set forth in the Land Use Plan and the Conditions of Approval ; (iii) the railroad crossing at the intersection of Clark Road and A.D. Mims Road; (iv) all retention ponds required in connection with the Developer's Clark Road Segment, except for such portion of said retention ponds as are oversized or otherwise designed to serve primarily as retention for the Property; and (v) all design, engineering and professional work performed by the Developer with respect to the Developer's Clark Road Segment (and the Developer's Hackney-Prairie Road Segment) prior to the date of this Agreement in the amount of $ through , 1991. (C) All plans and specifications related to the Clark Road Improvements shall be subject to the prior written approval of the City, which approval will not unreasonably be withheld ("the Approved Clark Road Plans") . The Clark Road Improvements on the Developer's Clark Road Segment shall be designed, engi- neered, permitted and constructed in accordance with the Approved Clark Road Plans; provided that, so long as the design and engineering plans comply with the Engineering Report previously approved by the City, the City shall be required to approve the same unless good cause is shown by the City as to why approval should not be granted. (D) All contracts entered into by the Developer related to the Clark Road Improvements shall be subject to the prior written approval of the City, which approval will not unreasonably - 6 - be withheld ("the Approved Clark Road Contracts") . The Developer and the City will coordinate and cooperate with each other in connection with the Developer's contracting for the Clark Road Improvements. The Developer will use its best efforts to enter into such contracts on the best price and terms available. If the estimated costs to be paid by the Developer for the Clark Road Improvements are above those costs customarily being charged in Orange County for similar services, then the City may require that the Developer seek competitive bids for the Clark Road Improvements or any portion thereof. In the event the City elects to require that the Developer seek competitive bids as aforesaid, then the Developer, at its option, may decide not to seek competi- tive bids in which case the Road Impact Fee Credits, as set forth in Section 8 hereof, for such portion of the Clark Road Improvements shall be the lesser of (i) the actual cost of such portion of the Clark Road Improvements, or (ii) the amount which the City reasonably determines to be the costs customarily charged in Orange County for similar services. (E) The Developer shall commence construction of the Clark Road Improvements on the Developer's Clark Road Segment in accordance with the Approved Clark Road Contracts no later than the earlier of (i) February 5, 1996, or (ii) the date that the Developer applies for a building permit for any portion of the Property; provided, however, that notwithstanding the foregoing, the Developer shall not be obligated to commence construction as aforesaid prior to six (6) months after the date of the opening by the City of Clark Road from State Road 50 north to A.D. Mims Road. Once the Developer has commenced construction of the Clark Road Improvements on the Developer's Clark Road Segment, the De- veloper shall proceed with due diligence to complete the Clark Road Improvements in a timely manner in accordance with the Approved Clark Road Plans. (F) Except as provided in Section 3 (H) hereof, it is specifically agreed that no building permit will be issued with respect to any portion of the Property until such time as the - 7 - Developer has commenced construction of the Clark Road Improve- ments on the Developer's Clark Road Segment in accordance with the Approved Clark Road Plans and pursuant to the Approved Clark Road Contracts. (G) Upon completion of construction of the Clark Road Improvements on the Developer's Clark Road Segment in the manner set forth in this Agreement, the Developer agrees as follows: (1) The Developer shall, at no cost or expense to the City, convey to the City marketable, fee simple title to (i) those lands described in Exhibit "E" attached hereto and by this reference made a part hereof (hereinafter referred to as the "Roadway Land") , and (ii) those lands constituting such retention ponds as are necessary in connection with the construction and maintenance of the Clark Road Improvements, said retention ponds being located within the Property ("the Clark Road Retention Pond Lands") . Such conveyances shall be by special warranty deed free and clear of all liens and en- cumbrances, except for easements of record, if any, this Agreement and the Conditions of Approval. At the time of such conveyances (i) the Developer shall pay any recording fees and documentary stamp taxes relating to or resulting from the transfer of title to the City of the Clark Road Land and the. Clark Road Retention Pond Lands, and (ii) real pro- perty taxes in connection with the conveyances shall be pro- rated as of the day before the acceptance of the conveyances by the City and the prorated amount shall be paid by the Developer and shall be escrowed in accordance with the pro- visions of Section 196.295, Florida Statutes. The Developer shall not be required to pay any costs, expenses or taxes which may be due in connection with the acquisition by the City of the "Additional Clark Road Land" (as hereinafter defined) . At least seven (7) days prior to any such conveyance, the Developer shall provide to the City either an acceptable (i) title insurance policy issued on a title insurance company acceptable to the City in its discretion, - 8 - or (ii) attorney's title opinion with respect to the land being conveyed as aforesaid. The conveyance of the Clark Road Retention Pond Lands shall be subject to the provisions of Section 5 hereof. (2) The Developer shall deliver to the City a bond guaranteeing the maintenance and the materials, workmanship and structural integrity of the Clark Road Improvements for a two-year period, such bond to comply with all applicable pro- visions of the Ocoee City Code and to be in a form reasonably acceptable to the City; provided, however, that in the event the City requires Developer to construct the additional improvements on Clark Road pursuant to Section 9 of this Agree- ment, then the costs of any such bond for said additional improvements shall not be borne by the Developer. (3) The Developer shall execute and deliver to the City such other documents, including Bills of Sale, as are typically required by the City in conneciton with the dedica- tion and acceptance of a public roadway. (H) The parties hereto acknowledge that neither the City nor the Developer own as of the date hereof that portion of the Developer's Clark Road Segment described in Exhibit "F" attached hereto and by this reference made a part hereof ("the Additional Clark Road Land") . Notwithstanding any provision con- tained herein to the contrary, the Developer shall not be re- quired to construct any of the Clark Road Improvements on the Additional Clark Road Land until such time as the City acquires, at the sole cost and expense of the City, title to the Additional Clark Road Land or other authorization to construct the Clark Road Improvements on the Additional Clark Road Land; provided, however, that this shall not be construed to in any way obligate the City to acquire the Additional Clark Road Land nor shall it prevent Developer from obtaining building permits or certificates of occupancy. In the event the City fails to acquire title to the Additional Clark Road Land within fourteen (14) months of the date the Developer commences construction of the Clark Road - 9 - Improvements, then the Developer, at its option, may be released from all further obligations under this Agreement to construct the Clark Road Improvements on the Additional Clark Road Land and all references to the Developer's Clark Road Segment shall then refer to that portion of Clark Road lying between A.D. Mims and the north property line of Parcel "B", except that Developer shall, to the extent provided for in Section 8 hereof, be entitled to receive Road Impact Fee credits for all costs and expenses previously incurred by Developer for design and engineering on the Additional Clark Road Land. Section 4. Developer's Hackney-Prairie Road Segment. (A) Subject to the terms and conditions of this Agree- ment, the City hereby agrees, at the City's sole cost and expense, to design, engineer, permit and construct that certain proposed roadway known as "Hackney-Prairie Road" and identified as the "Future Connection to Hackney Prairie" on the Land Use Map, said proposed roadway lying between the proposed extension of Clark Road and the eastern boundary of Parcel A and being more particu- larly described in Exhibit "G" attached hereto and by this reference made a part here-of (hereinafter referred to as the "Developer's Hackney-Prairie Road Segment") ; provided, however, that the City shall not be required to reimburse Developer for any costsheretofore or hereafter related to the Developer's Hackney-Prairie Road Segment except to the extent included within the reimbursement amount set forth in Section 3 (b) hereof. (B) The Developer's Hackney-Prairie Road Segment shall be designed, engineered, permitted and constructed by the City as a two-lane rural section with open ditch drainage and shall include the design and location on the Property of retention ponds adequate for the Developer's Hackney-Prairie Road Segment. The design, engineering, permitting and construction of the Developer's Hackney-Prairie Road Segment, including any retention pond required in connection therewith, is hereinafter collectively referred to as the "H/P Road Improvements". For the purposes of the Agreement, all references to "the H/P Road Improvements" shall be deemed to - to - include the following: (i) sidewalks five (5) feet in width to be constructed along one side of Hackney-Prairie Road, and (ii) all retention ponds required in connection with the Developer's Hackney-Prairie Road Segment, except for such portion of said retention ponds as are oversized or otherwise designed to serve as retention for the Property. (C) The Developer, at its sole cost and expense, agrees to cooperate with the City in connection with the design and location of the retention ponds for the Developer's Hackney-Prairie Road Segment. To the greatest extent practical, the design and location of said retention ponds shall be compatible with the Land Use Plan and future plans for the development of Parcel B. The design and location of the retention ponds for the Developer's Hackney-Prairie Road Segment shall be subject to the prior approval of Developer, which approval will not be unreasonably withheld. (D) The City shall commence construction of the H/P Road Improvements on the Developer's Hackney-Prairie Road Segment no later than eight (8) months after the date the Developer commences construction of the Clark Road Improvements on the Developer's Clark Road Segment. Once the City has commenced construction of the H/P Road Improvements on the Developer's Hackney-Prairie Road Segment, the City shall proceed with due diligence to complete the H/P Road Improvements in a timely manner. (E) Upon forty-five (45) days written notice from the City, the Developer shall, at no cost or expense to the City, convey to the City marketable, fee simple title to (i) the Developer's Hackney-Prairie Road Segment, and (ii) those lands constituting such retention ponds as are necessary in connection with the construction and maintenance of the H/P Road Improvements, said retention ponds being located within the Property (the "H/P Retention Pond Lands") . Such conveyances shall be by special warranty deed free and clear of all liens and encumbrances, except for easements of records, if any, this Agreement and the Conditions of Approval. At the time or times of such conveyances - 11 - (i) the Developer shall pay any recording fees and documentary stamp taxes relating to or resulting from the transfer of title to the City of the Developer's Hackney-Prairie Road Segment and/or the H/P Retention Pond Lands, and (ii) real property taxes in connection with the conveyances shall be prorated as of the day before the acceptance of each conveyance by the City and the prorated amount shall be paid by the Developer and shall be escrowed in accordance with the provisions of Section 196. 295, Florida Statutes. At least seven (7) days prior to any such conveyance, the Developer shall provide to the City either an acceptable (i) title insurance policy issued on a title insurance company acceptable to the City in its discretion, or (ii) attorney's title opinion with respect to the land being conveyed as aforesaid. The conveyance of the H/P Retention Pond Lands shall be subject to the provisions of Section 5 hereof. (F) Upon forty-five (45) days written notice from the City, the Developer will grant to the City (i) a non-exclusive temporary construction easement twenty (20) feet in width on each side of the Developer's Hackney-Prairie Road Segment, and (ii) perpetual non-exclusive drainage and utility easements, including easements for culvert boxes, if necessary, of up to twenty (20) feet in width on each side of the Developer's Hackney- Prairie Road Segment adjacent to said roads which are reasonably related to the construction, operation and maintenance of the Developer's Hackney-Prairie Road Segment. All such easements shall be in a form and content comparable to temporary construction, drainage and utility easements granted to the City for similar purposes. Any such easements shall be prepared by the City, subject to the approval of the Developer, which approval will not unreasonably be withheld. Section 5. Reservation of Easement. (A) The Clark Road Retention Pond Lands and the H/P Retention Pond Lands shall be conveyed to the City subject to the reservation by the Developer of a non-exclusive perpetual drainage easement for the benefit of the Property. The City acknowledges - 12 - and agrees that said retention ponds may, at the Developer's option and sole cost and expense, be sized to accommodate stormwater from the Developer's Clark Road Segment, the Developer's Hackney- Prairie Road Segment and the Property. The drainage easement shall be for retention pond and drainage purposes in accordance with plans and specifications approved by the City for the develop- ment of the Property, or any portion thereof. The drainage ease- ment shall be assignable, in whole or in part, to any homeowner associations formed with respect to all or any portion of the Property. (B) After the conveyance of the Clark Road Retention Pond Lands and the H/P Retention Pond Lands to the City, the Developer shall have the right, at the Developer's sole cost and expense, to expand the Clark Road Retention Pond Lands and the H/P Retention Pond Lands in accordance with plans and specifica- tions approved by the City for the development of the Property, or any portion thereof, in order to accommodate the requirements for the development of the Property or any portion thereof; pro- vided, however, that in connection with any such expansion: (1) The Developer shall cooperate and coordinate with the City in regards to such expansion so as not to inter- fere with the operation and maintenance of the Clark Road Improvements on the Developer's Clark Road Segment and/or the H/P Road Improvements on the Developer's Hackney-Prairie Road Segment. (2) The Developer, its agents, employees, consul- tants and independent contractors shall have the right to enter upon the Clark Road Retention Pond Lands and the H/P Retention Pond Lands for the purpose of expanding the reten- tion ponds in the manner set forth above in accordance with plans and specifications approved by the City. The Developer shall assume all risks involved in entering upon the Clark Road Retention Pond Lands and the H/P Retention Pond Lands for the performance of such activities and shall indemnify - 13 - and hold the City harmless from and against all loss, liabil- ity, costs, claims, demands, damages, actions, causes of action, suits and expenses arising out of, related to or caused by Developer in the exercise of its rights under this Section 5. (3) In the exercise of its rights under this Section 5, the Developer shall keep the Clark Road Retention Pond Lands and the H/P Retention Pond Lands free and clear of all liens and encumbrances and shall hold the City and said lands harmless from any liens arising out of Developer's activity thereon. (4) Upon completion of the expansion of the Clark Road Retention Pond Lands and/or the H/P Retention Pond Lands, the Developer shall convey to the City the expanded retention ponds in the same manner and subject to the same terms and conditions as with the original conveyance of the Clark Road Retention Pond Lands and the H/P Retention Pond Lands, except that the Developer shall not be entitled to any Road Impact Fee Credits with respect to such conveyance(s) . (C) In consideration for the conveyance of the Clark Road Retention Pond Lands and the H/P Retention Pond Lands, the City hereby agrees, at the City's sole cost and expense, to main- tain the said retention ponds constructed thereon or on any expan- sion of said retention ponds by the Developer pursuant to Section 5 (B) above; provided, however, that unless otherwise agreed to by the City and the Developer, the City shall not be required to maintain any retention ponds within the Property which are primar- ily designed to serve the Property rather than the Developer's Clark Road Segment and the Developer's Hackney-Prairie Road Segment. Section 6. Intersection Improvements. (A) For the purposes of this Agreement, "Intersection Improvements" shall mean and refer to appropriate by-pass, turning, acceleration and deceleration lanes at certain designated intersections and traffic signals when warranted at certain designated intersections. - 14 - (B) The Developer shall, at the Developer's sole cost and expense, design, engineer, permit, construct and install "Intersection Improvements" at the following designated intersections in accordance with the time-table set forth below: (1) At the intersection of Clark Road and A.D. Mims Road, to be constructed and installed concurrent with the construction of the Clark Road Improvements ("the Clark/A.D. Mims Intersection Improvements") . (2) At the intersection of A.D. Mims Road and Apop- ka-Vineland Road, to be constructed and installed concurrent with the construction of the Clark Road Improvements ("the A.D. Mims/Apopka-Vineland Intersection Improvements") . (3) At the intersection of Street "A" as shown on the Land Use Map and A.D. Mims Road, to be constructed when Street "A" connects to A.D. Mims Road; (hereinafter, collectively referred to as the "Required Intersection Improvements") . (C) When warranted, the Developer shall engineer, permit, construct and install Intersection Improvements at the intersection of Clark Road and Hackney-Prairie Road. Seventy- five percent (75%) of the cost thereof shall be paid by the Developer with the remaining portion being paid by the City or other developers. (D) The City agrees that at such time as any of the railroad crossings required pursuant to the Land Use Plan are completed and accepted by the railroad controlling the rights to the crossing, the City shall enter into the railroads' Standard Maintenance Agreement with respect thereto; provided, however, that the City shall not be required to provide an unqualified indemnification. (E) All plans and specifications related to the Required Intersection Improvements shall be subject to the prior written approval of the City, which approval will not unreasonably be withheld ("the Approved Intersection Plans") . The Required Intersection Improvements shall be designed, - 15 - engineered, permitted, constructed and installed in accordance with the Approved Intersection Plans. All contracts entered into by the Developer with respect to the Required Intersection Improvements shall be subject to the prior written approval of the City, which approval will not unreasonably be withheld ("the Approved Intersection Contracts") . With respect to the Required Intersection Improvements, the Developer shall follow the same procedures set forth in Section 3 (D) hereof with respect to the Clark Road Improvements. Section 7 . Alternative Road Impact Fee Schedule. (A) Pursuant to the provisions of Section 6 of Ordinance No. 89-02 , adopted by the Ocoee City Commission on March 21, 1989 and known as the Road Impact Fee Ordinance, the Developer and the City desire to establish an Alternative Road Impact Fee Schedule in recognition of the agreement on the part of the Developer to provide equivalent road improvements necessary to serve new buildings, as more particularly set forth in this Agreement. (B) The City hereby makes the following findings: (1) The Alternative Road Impact Fee Schedule set forth in this Section 7 and the Road Impact Fee credits granted pursuant to Section 8 hereof apportion the burden of expendi- ture for new transportation facilities in a just and equitable manner♦ consistent with applicable Florida Statutes and case law. (2) The extension of Clark Road from A.D. Mims Road north to Clarcona-Ocoee Road is an essential portion of the traffic circulation element of the City's Comprehensive Plan. (3) It is estimated that the cost of the design, engineering, permitting and construction of the roadway on the Developer's Clark Road Segment will exceed the total amount of Road Impact Fees which would be paid by the Developer pursuant to the Road Impact Fee Ordinance and the Road Impact Fee Schedule in effect as of the date of this Agreement. (4) In order for the Developer to accomplish the financial planning required to complete in a timely manner - 16 - the roadway on the Developer's Clark Road Segment it is essen- tial that the Developer be able to budget and plan for the amount of Road Impact Fees associated with the development of the Property without regard to future increases in such Road Impact Fee. (5) It is in the best interests of the City to guarantee to the Developer the rate at which Road Impact Fees will be charged against the Property in connection with the development thereof. (C) In consideration of the Developer's performance of its obligations set forth in Sections 3 and 6 hereof, the City hereby adopts an Alternative Road Impact Fee Schedule with respect to the Property as set forth in Exhibit "H" attached hereto and by this reference made a part hereof ("the Alternative Road Impact Fee Schedule") . The parties hereto acknowledge that the Alternative Road Impact Fee Schedule is the same as the Road Impact Fee Schedule in effect as of the date of this Agreement. It is the intent of the parties hereto that the Alternative Road Impact Fee Schedule shall be the applicable Road Impact Fee Schedule with respect to all future development of the Property and that the Alternative Road Impact Fee Schedule shall not be affected by subsequent increases or decreases in the Road Impact Fee imposed pursuant to the Road Impact Fee Ordinance, as it may from time to time be amended. Section 8. Road Impact Fees Credits. (A) In consideration of the Developer's performance of its obligations set forth in Sections 3 and 6 hereof, the Developer shall, subject to the provisions of Section 8 (E) hereof, be entitled to a credit against Road Impact Fees payable to the City in an amount equal to the sum of the following: (1) Subject to the provisions of Section 3 (D) here- of, the actual cost of the design, engineering, permitting and construction of the Clark Road Improvements on the Devel- oper's Clark Road Segment undertaken pursuant to the Approved Clark Road Contracts, including the actual cost of the design, - 17 - engineering and other fees incurred by Developer prior to the execution of this Agreement in connection therewith (including those related to the Developer's Hackney-Prairie Road Segment) in the amount of $ through 1991. (2) The actual cost of the A.D. Mims/Apopka-Vine- land Intersection Improvements; (3) Fifty percent (50%) of the actual cost of the Clark/A.D. Mims Intersection Improvements; (4) The actual cost of the Intersection Improvements at Clark Road and Hackney-Prairie Road to the extent incurred by the Developer; and (5) The fair market value of that portion of the Clark Road Retention Pond Lands and the H/P Retention Pond Lands which are designed to exclusively serve the Developer's Clark Road segment and the Developer's Hackney Prairie Road segment, respectively, rather than the Property. For the purposes of this subsection, the fair market value of said lands and the amount of the Road Impact Fee Credit shall be determined pursuant to and in accordance with the provisions of Section 7 of Ordinance No. 89-02 , as amended by Ordinance No. 90-01, the "Road Impact Fee Ordinance" ; provided, however, that neither the Developer nor any person or entity shall be entitled to Road Impact Fee credits or other com- pensation with respect to (i) the conveyance to the City of the Roadway Land and the Developer's Hackney-Prairie Road Segment, (ii) the conveyance to the City of that portion of the Clark Road Retention Pond Lands and the H/P Retention Pond Lands which are designed to serve the Property, (iii) the design, engineering, permitting and construction of acceleration, deceleration and turn lanes serving only the Property, and (iv) the design, engin- eering, permitting and construction of retention ponds which are designed to serve the Property rather than the Developer's Clark Road Segment and the Developer's H/P Road Segment; and provided further that the total Road Impact Fee credits granted hereunder - 18 - shall not exceed the amount of the Road Impact Fees assessed against the Property pursuant to the City of Ocoee Road Impact Fee Ordinance and the Alternative Road Impact Fee Schedule. (B) The Developer shall, on at least a quarterly basis, submit to the City's Development Review Committee ("DRC") satis- factory documentation to support any Road Impact Fee credit pur- suant to Section 8 (A) above, and the actual amount of the Road Impact Fee credit shall thereafter be determined by the DRC based upon a review of such satisfactory documentation in the manner provided by the Road Impact Fee Ordinance; provided, however, that the DRC review of the Road Impact Fee Credits pursuant to Section 8 (A) (1) , (2) , (3) and (4) above shall be limited to (i) verification of the actual cost of such improvements paid by the Developer for which impact fee credits are being requested, and (ii) confirmation that the actual cost of such improvements paid by the Developer do not exceed the costs set forth in the Approved Clark Road Contracts and the Approved Intersection Contracts. The DRC shall not be required to approve any Road Impact Fee Credits for costs incurred by the Developer which exceed the amounts set forth in the Approved Clark Road Contracts and the Approved Intersection Contracts, unless such change orders or cost overruns have been previously approved or are subsequently approved by the City. (C) The Road Impact Fee credits granted pursuant to this Section may be transferred by the Developer, in whole or in part, to any successor in interest of the Property or any portion thereof. Any such transfer of Road Impact Fee credits shall not become effective until delivery of written notice thereof from the Developer to the City and receipt by the transferee of written confirmation that the City records have been revised to reflect such transfer. (D) Except as otherwise expressly set forth herein, the conveyance of the Roadway Land, the Clark Road Retention Pond Lands, the Developer's Hackney-Prairie Road Segment and the H/P Retention Pond Lands shall be made at no cost or expense to the - 19 - City. It is expressly agreed between the parties that the Road- way Land, the Clark Road Retention Pond Lands, the Developer's Hackney-Prairie Road Segment, and the H/P Retention Pond Lands are being donated to the City and that except as expressly set forth herein neither the Developer nor any person or entity shall be entitled to any Road Impact Fee credits or other compensation with respect to the conveyance of the Roadway Land, the Clark Road Retention Pond Lands, the Developer's Hackney-Prairie Road Segment and the H/P Retention Pond Lands. (E) NOTWITHSTANDING ANY PROVISION CONTAINED IN THIS AGREEMENT OR THE CONDITIONS OF APPROVAL TO THE CONTRARY, IT IS EXPRESSLY AGREED BETWEEN THE CITY AND THE DEVELOPER THAT, SUBJECT TO THE PROVISIONS OF SECTION 25 (C) HEREOF, ALL OF THE ROAD IMPACT FEE CREDITS GRANTED OR TO BE GRANTED PURSUANT TO THIS AGREEMENT SHALL BE AUTOMATICALLY CANCELLED AND FORFEITED BY THE DEVELOPER, ITS HEIRS, BENEFICIARIES, LEGAL REPRESENTATIVES, SUCCESSORS AND ASSIGNS, IN THE EVENT THE DEVELOPER FAILS TO COMMENCE CONSTRUCTION OF OR COMPLETE IN A TIMELY MANNER (i) THE CLARK ROAD IMPROVEMENTS ON THE DEVELOPER'S CLARK ROAD SEGMENT AT THE TIME AND IN THE MANNER PROVIDED IN SECTION 3 HEREOF, (ii) THE CLARK/A.D. MIMS INTERSECTION IMPROVEMENTS, AND (iii) THE A.D. MIMS/APOPKA-VINELAND INTERSECTION IMPROVEMENTS; provided, however, that prior to such automaticcancellationand forfeiture of all of said Road Impact Fee credits, the City shall have given a written notice of default to the Developer and the Developer shall have failed to cure such default within ninety (90) days of receipt of such notice; pro- vided further, however, that if such default is not capable of being cured within said ninety (90) day curative period and the Developer is diligently proceeding to cure such default, then in such event the curative period shall be automatically extended to a maximum of six (6) months from the date of receipt of such notice so long as the Developer continues to diligently proceed to cure such default. If at the end of said curative period, or any extension thereof, the default of the Developer has not been cured, then all of said Road Impact Fee credits granted or to be - 20 - A granted pursuant to this Agreement shall be automatically cancelled and forfeited as aforesaid. The forfeiture by the Developer of said Road Impact Fee credits pursuant to this Section shall not in any way be construed to terminate this Agreement or to release the Developer from its obligations under this Agreement, including but not limited to the obligations of the Developer, at the Developer's sole cost and expense, to complete the Clark Road Improvements on the Developer's Clark Road Segment and the Required Intersection Improvements. THE DEVELOPER ACKNOWLEDGES AND AGREES THAT THE AFORESAID CANCELLATION AND FORFEITURE PROVISIONS AND THE AGREEMENT OF THE DEVELOPER TO COMMENCE AND COMPLETE IN A TIMELY MANNER THE CLARK ROAD IMPROVEMENTS, THE CLARK/A.D. MIMS INTERSEC- TION IMPROVEMENTS, AND THE A.D. MIMS/ APOPKA-VINELAND INTERSECTION IMPROVEMENTS ARE MATERIAL INDUCEMENTS TO THE CITY TO ENTER INTO THIS AGREEMENT AND THAT THE CITY WOULD NOT HAVE ENTERED INTO THIS AGREEMENT BUT FOR THE AFORESAID CANCELLATION AND FORFEITURE PROVISION AND SAID AGREEMENT ON THE PART OF THE DEVELOPER. THE DEVELOPER HEREBY WAIVES AND RELEASES ANY RIGHT TO (AND HEREBY COVENANTS THAT IT SHALL NOT) SUE CITY TO PROVE THAT THE AFORESAID CANCELLATION AND FORFEITURE PROVISION IS UNENFORCEABLE, UNLAWFUL OR OTHERWISE CONSTITUTES AN UNLAWFUL PENALTY. Section 9. Additional Improvements - Clark Road; Vesting for Purposes of Transportation Concurrency. (A) As set forth in Section 3 (B) (2) hereof, the Developer is not constructing the proposed two western lanes for a portion of the Developer's Clark Road Segment. However, the City, at its option and at no additional cost and expense to the Developer (of any nature whatsoever) , may require the Developer to construct said proposed two western lanes and related medians and other improvements concurrent with the construction by the Developer of the Developer's Clark Road Segment as set forth herein. (B) At the City's option, the Developer will, at no cost and expense to the Developer (of any nature whatsoever) , cause to be designed, engineered, permitted and/or constructed - 21 - concurrent with the design, engineering, permitting and construc- tion of the Developer's Clark Road Segment, such other improve- ments as may be desired by the City which are related to the Roadway Improvements and the extension of Clark Road from A.D. Mims Road north to Clarcona-Ocoee Road, including but not limited to improvements related to the medians and the City's sewer and water system. This shall include all additional work requested for any purpose other than as set forth in this Agreement or for the providing of sewer and water to the Property. (C) The City recognizes that Developer is designing, engineering, permitting and constructing the Developer's Clark Road Segment and the Required Intersection Improvements for the purpose of enhancing the value of the Property, obtaining Road Impact Fee credits, to the extent granted pursuant to the provi- sions of Section 8 hereof, and to insure that the Property shall meet the present and future off-site transportation concurrency requirements as dictated by the City and any other appropriate governmental bodies. Upon completion of construction of the Developer's Clark Road Segment in compliance with the terms of this Agreement by the Developer, the City agrees that the Property shall, to the extent permitted by law, have vested for the purposes of off-site transportation concurrency all rights to develop the Property pursuant and subject to the Conditions of Approval, the Land Use Plan and this Agreement; provided, however, that this determination shall not be binding on the City in the event of a judicial or administrative determination to the contrary with respect to the Property as a result of an action or proceeding brought by a third party, including but not limited to Orange County, the East Central Florida Regional Planning Council and the Florida Department of Community Affairs. In any such action or proceeding, the City shall not take a position adverse to the determination set forth in this Section 9 (C) regarding off-site transportation concurrency. The Developer agrees to indemnify, defend and hold the City harmless from and against any and all suits, actions, proceedings, loss, liability, costs, damages, fines, penalties and expenses arising out of or related to any - 22 - actions or proceedings which may be brought against the City by a third party seeking to challenge or otherwise set aside the determination by the City that the Property is vested for purposes of off-site transportation concurrency; provided, however, that the Developer may terminate this indemnity by waiving all of its rights and privileges under or pursuant to this Section 9 (C) , and provided further that this indemnification shall be voidable by the Developer in the event the City takes a position materially adverse to the determination set forth in this Section 9 (C) regarding off-site transportation concurrency. Nothing contained in this subsection shall be construed to impose upon the City or the Developer any duty or obligation to 4-lane the Developer's Clark Road Segment or to undertake other road/transportation improvements (except as expressly set forth in this Agreement) in the event it is subsequently determined that 4-laning or other road/transportation improvements are necessary in order to meet transportation concurrency requirements for the development of the Property. Section 10. Certificate of Occupancy. (A) Except as provided in Subsection 10(B) below, it is specifically agreed between the parties hereto that no certificate of occupancy will be issued with respect to any portion of the Property until such time as all of the following conditions have been satisfied: (1) Except as provided in Section 3 (H) hereof, the Developer has completed construction of the Clark Road Improve- ments on the Developer's Clark Road Segment and has fully com- plied with the requirements of Section 3 (G) hereof; and (2) The City has accepted the Clark Road Improve- ments and the conveyance of the Roadway Land, the Clark Road Retention Pond Lands, the Developer's Hackney-Prairie Road Segment and the H/P Retention Pond Lands and issued Certifi- cates of Completion with respect to the Clark Road Improvements. (B) The Developer shall be entitled to the issuance of a certificate of occupancy prior to the satisfaction of the conditions set forth in Section 10(A) above if and onl -: if: - 23 - (1) The Developer has commenced construction of the Clark Road Improvements; (2) That portion of the Property for which certifi- cates of occupancy are being requested meet all "comprehen- sive plan" and "concurrency" requirements, as reasonably de- termined by the City or other governmental agencies having jurisdiction with respect thereto, which are then in effect with respect to such portion of the Property; (3) That portion of the Property for which certificates of occupancy are being requested has access to and from a paved and dedicated public roadway; and (4) The Developer provides the City with satisfactory assurance of its ability to complete in a timely manner the Clark Road Improvements, the Clark/A.D. Mims Intersection Improvements and the A.D. Mims/Apopka Vineland Intersection Improvements, which assurance shall include: (a) A cash deposit in an escrow account in an amount equal to one hundred fifteen percent (115%) of the esti- mated cost of completing said improvements; or (b) An irrevocable letter of credit from a financial institution doing business in the State of Florida which shall be in the penal sum of one hundred fifteen percent (115%) of the estimated cost of completing said improvements; or (c) An acceptable surety company completion and payment bond executed by a company author- ized to do business in the State of Florida which shall be in the penal sum of one hundred fifteen percent (115%) of the estimated cost of completing said improve- ments. - 24 - The above referenced letter of credit and completion and pay- ment bond shall be issued in favor of the City and shall be in a form reasonably acceptable to the City. With respect to the satisfaction of this Subsection 10(B) (4) , the Developer shall otherwise comply with the requirements of Section 5. 3 . 3 of Article II of Appendix "B" of the Ocoee City Code. Section 11. Additional Documentation. In connection with the conveyance of the Roadway Land, the Clark Road Reten- tion Pond Lands, the Developer's Hackney-Prairie Road Segment and the H/P Retention Pond Lands, the Developer shall execute such other closing documents as may reasonably be required by the City, including but not limited to a no-lien affidavit. Section 12. Recreational Park Impact Fee Credits. At the time of submission of its Development Plan for Parcel A, or any portion thereof, the Developer, at its option, may propose a dedication to the City of a portion of Parcel A for public park and recreation purposes. The City agrees to consider in good faith any such request in accordance with the criteria set forth in Recreational Park Impact Fee Ordinance. In the event the City decides to accept any such proposed dedication or a portion thereof, then the Developer shall be entitled to a Recreational Park Impact Fee credit with respect thereto. Any such Recreational Park Impact Fee credit shall be determined in accordance with and be subject to the Recreational Park Impact Fee Ordinance, as it may from time to time be amended. Section 13. Sewer and Water. The Developer acknowledges that in order to obtain sewer and water capacity and connect to the City sewer and water system that it will be necessary to enter into separate developer agreements with the City with respect thereto and that such separate developer agreements may require that the Developer, at the Developer's sole cost and expense, extend sewer and water lines to serve the Property and locate such sewer and water lines within the Developer's Clark Road Seg- ment and/or the Developer's Hackney-Prairie Road Segment. The Developer further acknowledges that the City has made no warranty - 25 - or representation regarding (1) the availability of sewer and water capacity, (2) the existence of sewer and water lines to serve the Property, and/or (3) the sewer and water impact fees, connection fees and other charges which may be imposed by the City in connection with the extending and providing of sewer and water service to the Property or any portion thereof. However, the City does agree that the Developer shall be entitled to apply for and reserve sewer and water capacity, subject to the availa- bility thereof, on the same terms and conditions applicable to other property owners within the City. Section 14. Impact Fees. Except as expressly provided in this Agreement, the Developer shall not be entitled to any impact fee credits and will pay to the City all applicable impact fees, including but not limited to road, police, fire, park/re- creation, sewer and water impact fees, at such time and in such manner as may be required in accordance with then applicable ordin- ances of the City. Section 15. Conditions to Effectiveness of Agreement. All obligations, rights and duties of the Developer and the City under this Agreement are conditioned upon the rezoning of Parcel B from PUD to R-1-A, Single Family Dwelling District, and C-1, Neighborhood Shopping District, in accordance with the Parcel B Petition. In the event this contingency is not satisfied within one (1) month from the Effective Date of this Agreement, then this Agreement, at the Developer's option, may be terminated and in the event of termination shall be null and void and of no fur- ther force and effect; provided, however, that the Developer shall be deemed to have waived its right to terminate this Agree- ment as aforesaid unless written notice of such termination is delivered to the City within three (3) months of the Effective Date of this Agreement. Section 16. Compliance with Subdivision Regulations and Land Development Code. Except as otherwise set forth in this Agreement, the Developer shall comply with the Subdivision Regu- lations of the City of Ocoee, as they may from time to time be - 26 - amended. In the event of any conflict between the Subdivision Regulations and the Land Development Code, as either or both of them may from time to time be amended, and this Agreement, the Land Use Plan and the Conditions of Approval, it is agreed that the provisions of this Agreement, the Land Use Plan and the Conditions of Approval shall control; provided, however, that notwithstanding any provision contained in this Agreement, the Land Use Plan or the Conditions of Approval to the contrary, the Developer shall fully comply with the provisions of Article VIII, entitled Storm Water Management, of Appendix B of the Ocoee City Code, as it may from time-to-time be amended. Section 17. Notice. Any notice delivered with respect to this Agreement shall be in writing and be deemed to be de- livered (A) when hand delivered to the person hereinafter desig- nated, (B) upon actual receipt of such notice when deposited in the United States Mail or Canadian Mail, postage prepaid, certi- fied mail, return receipt requested, or (C) the day after delivery to a private parcel (next day) delivery service when delivered to such service for next day delivery. All such notices shall be addressed to the person at the address set forth opposite the party's name below, or such other address or to such other person as the party shall have specified by written notice to the other party delivered in accordance herewith: Developer: c/o Silvestri Investments of Florida, Inc. 120 King Street West Suite 1000 Hamilton, Ontario Canada L8P4V2 with a copy to: Warren E. Williams, Esq. Williams & Airth, P.A. 28 West Central Boulevard Orlando, FL 32801 City: City of Ocoee 150 North Lakeshore Drive Ocoee, FL 34761 Attention: City Manager with a copy to: Paul E. Rosenthal, City Attorney Foley & Lardner 111 North Orange Avenue, Suite 1800 Orlando, FL 32801 - 27 - Section 18. Covenant Running with the Land. This Agreement shall be binding, and shall inure to the benefit of the heirs, beneficiaries, legal representatives, successors and assigns of the parties, and shall run with the Property and be binding upon the heirs, beneficiaries, legal representatives, successors and assigns of the Developer and upon any person, firm, corporation, or entity who may become the successor in interest to the Property or any portion thereof. Section 19. Recordation of Agreement. The parties hereto agree that an executed original of this Agreement shall be recorded, at the City's expense, in the Public Records of Orange County, Florida. The City will, from time to time upon request of the Developer, execute and deliver letters affirming the status of this Agreement. Section 20. Applicable Law. This Agreement and the provisions contained herein shall be construed, controlled, and interpreted according to the laws of the State of Florida. Section 21. Time of the Essence. TIME IS HEREBY DECLARED OF THE ESSENCE TO THE LAWFUL PERFORMANCE OF THE DUTIES AND OBLIGATIONS CONTAINED IN THIS AGREEMENT. Section 22. Agreement; Amendment. This Agreement constitutes the entire agreement between the parties, and super- sedes all. previous discussions, understandings and agreements, with respect to the subject matter hereof. Amendments to and waivers of the provisions of this Agreement shall be made by the parties only in writing by formal amendment. Section 23. Severability. If any sentence, phrase, paragraph, provision or portion of this Agreement is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereof. Section 24. Further Documentation. The parties agree that at any time following a request therefor by the other party, each shall execute and deliver to the other party such further - 28 - documents and instruments, in form and substance reasonably necessary to confirm and/or effectuate the obligations of either party hereunder and the consummation of the transactions contem- plated hereby. Section 25. Enforcement. (A) Both the City and the Developer shall have the right to enforce the terms and conditions of this Agreement by an action for specific performance. It is specifically agreed between the parties that the forfeiture by the Developer of Road Impact Fee credits pursuant to the provisions of Section 8 (E) hereof shall not in any way affect the right of the City to enforce this Agreement by an action for specific performance. (B) Notwithstanding any provision contained herein to the contrary, neither party may initiate an action for specific performance pursuant to Section 25 (A) above until such time as the party seeking to initiate such action has given a written notice of default to the other party which specifies the default and such defaulting party has failed to cure such default within ninety (90) days of receipt of such notice; provided, however, if such default is not capable of being cured within said ninety (90) day curative period and the defaulting party is diligently proceeding to cure such default, then in such event the curative period shall be automatically extended to a date six (6) months from the date of receipt of such notice so long as the defaulting party is diligently proceeding to cure such default. It is specifically agreed that the provisions of this Section 25 (B) shall not be applicable to the cancellation and forfeiture by the Developer of Road Impact Fee credits pursuant to the provisions of Section 8 (E) hereof and that the curative provisions set forth in said Section 8 (E) shall control. (C) Notwithstanding any provision contained herein to the contrary, if the Developer is unable to perform its obligations under this Agreement due to the malfeasance, misfeasance or nonfeasance of the City, Orange County or any governmental bodies having jurisdiction with respect to the Clark Road Improvements - 29 - or their respective employees, agents or contractors, then in any of such events it shall not be considered a default hereunder by Developer. It is agreed that the Developer shall have the burden of proof to establish any such malfeasance, misfeasance or nonfeasance. The provisons of this Section 25 (C) shall also be applicable to any non-performance which would otherwise result in a default and the cancellation and forfeiture of Road Impact Fee credits pursuant to the provisions of Section 8 (E) hereof. (D) Notwithstanding any provision contained herein to the contrary, it is specifically agreed that neither party shall have any claim against the other party for damages in the event of a default or breach of any provision of this Agreement; pro- vided, however, that this provision shall not in any way be construed to affect the cancellation and forfeiture by the Developer of Road Impact Fee credits pursuant to the provisions of Section 8 (E) hereof. Section 26. Attorneys, Fees. In the event that either party finds it necessary to commence an action against the other party to enforce any provision of this Agreement or because of a default or breach by the other party of any terms hereof, the prevailing party shall be entitled to recover from the other par- ty its reasonable attorneys' fees, legal assistants fees and costs incurred in connection therewith, at both trial and appel- late levels, including bankruptcy proceedings, without regard to whether any legal proceedings are commenced or whether or not such action is prosecuted to judgment. Section 27. Utility Easement. At such time as the Developer conveys to the City the Roadway Land and/or the Developer's Hackney-Prairie Road Segment, the City shall convey and grant to the Developer a perpetual non-exclusive drainage and utility easement over, under and across the Roadway Land and/or the Developer's Hackney-Prairie Road Segment, as the case may be, for the exclusive purpose of providing drainage and utility services, including but not limited to electric, gas, cable television, telephone, water and sewer, for the benefit of the - 30 - Property; provided, however, that said easement (i) shall be compatible with and consistent with the use by the City of the Roadway Land and the Hackney-Prairie Road Segment for roadway purposes as contemplated by this Agreement, and (ii) shall be in a form and content comparable to drainage and utility easements typically granted by the City for similar purposes. Said easement shall be prepared by the City, subject to the approval of the Developer, which approval will not unreasonably be withheld. Section 28. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original but all of which together shall constitute one and the same instrument. Section 29. Construction Agreement. (A) This Agreement shall not be construed more strictly against one party than another merely by virtue of the fact that it may have been prepared by counsel for one of the parties, it being recognized that both the Developer and the City have contributed substantially and materially to the preparation hereof. (B) Captions of the Sections and Subsections of this Agreement are for convenience and reference only, and the words contained therein shall in no way be held to explain, modify, amplify or aid in the interpretation, construction or meaning of the provisions of this Agreement. Section 30. Effective Date. The Effective Date of this Agreement shall be the date that the last of the parties to this Agreement has executed the same and such date shall be inserted on the front page of this Agreement. - 31 - IN WITNESS WHEREOF, the Developer and the City have caused this instrument to be executed by their duly authorized officers or representatives as of the day and year first above written. Signed, sealed and delivered DEVELOPER: in the presence of: SILVESTRI INVESTMENTS OF FLORIDA, INC. , a Florida corporation By: , President (CORPORATE SEAL) CITY: CITY OF OCOEE, a Florida municipal corporation By: LESTER DABBS, JR. , Mayor Attest: JEAN GRAFTON, City Clerk (SEAL) FOR USE AND RELIANCE ONLY BY THE CITY OF OCOEE, FLORIDA APPROVED BY THE OCOEE CITY APPROVED AS TO FORM AND LEGALITY COMMISSION AT A MEETING THIS DAY OF , 1991. HELD ON , 1991 UNDER AGENDA NO. FOLEY & LARDNER By: City Attorney - 32 - STATE OF FLORIDA COUNTY OF ORANGE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowl- edgments, personally appeared LESTER DABBS, JR. and JEAN GRAFTON, well known to me to be the Mayor and City Clerk, respectively, of the CITY OF OCOEE, a Florida municipal corporation, and that they severally acknowledged executing the same in the presence of two subscribing witnesses freely and voluntarily under authority duly vested in them by said municipality. WITNESS my hand and official seal in the County and State last aforesaid this day of , 1991. Notary Public (NOTARIAL SEAL) My commission expires: STATE OF COUNTY OF I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County afore- said, to take acknowledgements, personally appeared , well known to me to be the President of SILVESTRI INVESTMENTS OF FLORIDA, INC. , a Florida corporation, and that he acknowledged before me executing the same freely and voluntarily under authority duly vested in him on behalf of said corporation. WITNESS my hand and official seal in the County and State last aforesaid this day of , 1991. Notary Public (NOTARIAL SEAL) My commission expires: FLOPPY/5182TT(12) 01 (04/12/91) - 33 - EXHIBITS TO DEVELOPMENT AGREEMENT "A": Parcel A "B": Parcel B "C": Conditions of Approval "D": Developer's Clark Road Segment "E": Roadway Land "F": Additional Clark Road Land "G": Developer's Hackney-Prairie Road Segment "H": Alternative Road Impact Fee Schedule - 34 - 01/26/V1 14:03 @'40/ 666 b726 Ct (Y OF OCOEE •yy FOLEY & LARDNER 40002/006 EXHIBIT A PARCEL "A'• LEGAL DESCRIPTION PUD Parcel: The Southeast 1/4 of the Southwest 1/4 and the South 1/2 of the Southeast 1/4 , LESS the Northeast 1/4 of the Southeast 1/4 of the Southeast 1/4 and LESS the North 100 feet of the West 230 feet of the Southeast 1/4 of the Southeast 1/4 of the Southeast 1/4 of Section 4, Township 22 South, Range 28 East, Orange County, Florida. AND: The North 1/2 of the Northwest 1/4 and the West 1/2 of the Southeast 1/4 of the Northeast 1/4 and the Southwest 1/4 of the Northeast 1/4 and the Southeast 1/4 North lying northerly of Railroad, Section 9, Township 22 South, Range 28 East, Orange County, Florida. 01/28/91 14:03 121407 ebo 5725 CITY OF OCOEE --- FOLEY & LARDNER Q003/008 EXHIBIT B PARCEL ”Bu LEGAL DESCRIPTION R-1-A Parcel: SE 1/4 and E 1/2 of SW 1/4 of the NE 1/4 of Section 4 , Township 22, Range 28, also including: 5500' of W 1/2 of NE 1/4 of SE 1/4 of Section 4, Township 22, Range 28. C-1 Parcel: E 1/2 of NW 1/4 of SE 1/4 of Section 4 , Township 22, Range 28 . EXHIBIT "C" GLKR TEL : 407-839-1789 Apr 1291 16 :29 No .033 P .08 • Revised 4/16/91 CONDITIONS OF APPROVAL TO LAND USE PLAN PROJECT: Prairie Lakes PUD Land Use Plan (approved 4/16/91) (9/25/86) (approved 12/9/86) PROJECT ANALYSIS: 1. Project Area - 278.6 Acres 2. Zoning -PUD 3. Water-City of Ocoee 4. Sewer- City of Ocoee 5. Flood El.-90.0 (100 YR) 6. Stormwater Outfall - Lake Meadow & Prairie Lake Development of Prairie Lakes PUD may be undertaken in accordance with the 8/5/85, as revised through Land Use Plan dated 10/25/90, subject to the following additional conditions ofapproval which shall be incorporated into all Development Plans for each phase of the project: 1. The Development Plan shall demonstrate substantial compliance with the City's Arbor and Landscaping Ordinances, and every effort will be made to conserve on-site tree cover. 2. All preliminary approvals are contingent upon final acceptance of appropriate and reasonably acceptable engineering standards affecting stormwater management, wastewater management, water supply, and transportation impacts. 3. The developer shall provide for the extension and paving of Clark Road to Clarcona-Ocoee Road to ensure adequate emergency access and to provide for general traffic requirements. Timing and other matters related to Clark Road shall be addressed in a developer agreement with the City. 4. Prior to approval of any Certificates of Occupancy within Phase I, the developer shall construct a future collector street extending westerly off Clark Road from Street "A" through Tract A to match up with the required Emergency Access road. 5. Clark Road is to be developed as an arterial street and shall be planned for four lanes within a 100-foot wide right-of-way and shall be designed with a 45-mph design speed. Clark Road shall be paved as a 4-lane road for a distance of 1,000' north of A. D. Mims Road and 2 lanes to the north property line. The balance of matters relating to the details of Clark Road paving shall be addressed in the developer s agreement. Timing and other matters related to Clark Road shall be addressed in a developer agreement with the City. 6. At the Developer's option, either five-foot-high serpentine masonry screen walls or an irrigated, City approved, landscaped buffer with berms will be installed along both sides of Clark Road for its entire length. Such walls or buffer will be provided by parcel developers with the Master Developer providing said walls or buffers in front of ponds, open space, etc. All access GLKA TEL : 407-839-1789 Apr 12 ,91 16 :29 No .033 P .09 rights to Clark Road shall be dedicated to the City of Ocoee except at points delineated on the approved Land Use Plan Amendment. 7. A total commercial land area of 15.2 acres with 125,000 square feet of commercial building floor space is approved as specified in the Land Use Plan. 8. The minimum living area for multi-story apartment dwellings shall be 750 square feet; 1,000 square feet for duplexes, villas, townhomes, and patio homes;and 1,200 square feet for all single family detached dwellings per Section 13.11 Subsection (2i). 9. A conceptual drainage report providing a general description and layout of Stormwater Management Facilities shall be provided with the Development Plan submittal. Additionally, the stormwater collection improvements shall be a closed system, except in limited cases where open drainage would be suitable, as recommended by the City Engineer. 10. When the stormwater is proposed to discharge into a lake without a positive outfall,the pond design shall detain the 100-year storm event. The pond shall be designed to evacuate an average daily volume equivalent to one inch of runoff from the total area contributing to the pond. 11. Provide compensating storage for all flood water displaced by development below the elevation of the 100-year flood. Compensating storage is to be accomplished between the normal high-water elevation and the estimated 100-year flood elevation. 12. All typical subdivision design standards and regulations shall be adhered to by the developer except as permitted herein. 13. Clark Road shall be constructed with sleeves for irrigated landscaped median consistent with City design for Clark Road its entire length through the project, and access openings shall be provided no more often than per the Clark Road Engineer's Report (8/5/90) unless otherwise shown on the 10/25/90 plan. The developer shall be credited for 100 percent of the cost of the median improvements against transportation impact fees. The procedures for the approval and granting of such impact fee credits shall be addressed in a developer agreement with the City. 14. A minimum of two off-street parking spaces per residential unit shall be provided behind the front yard setback line in Tracts D, E, and G. Deed restrictions shall be required at the time of plat approval limiting parking in the front yard to two vehicles (autos and light duty trucks only) situated on a paved surface. 15. Sidewalks five (5) feet in width shall be provided along both sides of Clark Road and on one side of Hackney Prairie Road within the project boundaries. Sidewalks to be provided by parcel developers with the Master Developer providing sidewalks in front of pond, etc. Said sidewalls along Hackney Prairie Road'to be provided by City. GLK A TEL : 407-839-1789 Apr 12 , 91 16 :29 No .033 P . 10 16. Specific details pertaining to the Emergency Access Road extending westerly from the site and connecting to Marlene Drive shall be outlined on the Development Plan including general routing, width, type of base, access controls and easement agreements. The Emergency Access Road shall be constructed prior to issuance of any Certificates of Occupancy in Phase I. 17. Traffic improvements to be provided by the developer (in addition to those otherwise required for Development Plan approval) shall include appropriate by-pass, turning, acceleration and deceleration lanes as required at the following locations: A. The intersection of Clark Road and A.D. Mims Road (Phase I) B. The intersection of A.D. Mims Road and Apopka-Vineland Road (Phase I). C. The intersection of Street "A" and A.D. Mims Road when Street "A" connects to A.D. Mims Road. D. The intersection of Clark Road and Hackney Prairie Road - 75% responsibility of intersection cost with 100% credit for Master Developer expenditures. In addition, left-turning lanes shall be provided at every access or street intersection onto Clark Road within the development. Also, traffic signals shall be installed when warranted at the intersection of Clark Road and A.D. Mims Road and Apopka-Vineland Road and A.D. Mims Road. The developer shall be credited against transportation impact fees for 50 percent of the cost of all intersection improvements installed by him at Clark Road and A.D. Mims Road and credited 100 percent of the cost of all intersection improvements installed by him at A.D. Mims Road and Apopka-Vineland Road. 18. The developer shall be credited against traffic impact fees for improvements (but excluding land contributions) to Clark Road. Such credits shall be in accordance with the applicable traffic impact fee ordinance or developers agreement with the City. Should any additional impact fees be enacted during the development of the project,the developer or subsequent individual builders shall pay the appropriate fees. Dedication of park land to the City, over and above that which is required for the PUD shall be credited against applicable park impact fees in accordance with the Park Impact Fee Ordinance. 19. Tract D within the Development shall correspond with Tracts E and G to only provide for the construction of Townhomes, Villas, and Patio Homes with a minimum of 1,200 square feet average living space required. 20. Street "As shall be constructed as a 60' ROW with a paving width of 24' prior to Certificates of Occupancy for any portion of Tract C. GLK A TEL : 40T-3'59-17.'39 Apr 12 , 91 10 : 29 No .033 P . 11 21. Prior to the issuance of any building permit for any portion of the project, the developer shall commence the design and construction of Clark Road from A.D. Mims Road north to Clarcona-Ocoee Road, all in accordance with a developer agreement with the City. Prior to the issuance of any Certificate of Occupancyfor the project, Clark Road shall be designed and constructed and dedicatedtoand accepted by the City from A.D. Mims Road north to Clarcona- Ocoee Road, all in accordance with a developer agreement with the City. 22. The developer shall enter a developer agreement acceptable to the City addressing the construction of Clark Road and Hackney-Prairie Road and road impact fee credits with respect thereto. In the event of any conflict between the developer agreement and the Land Use Plan or these Conditions of Approval, the terms of the developer agreement shall control. 23. Retention areas for developed parcels will be owned and maintained by a homeowner's association unless otherwise agreed to by the City. 24. All matters set forth on the Land Use Plan are incorporated herein by reference and made a part of these Conditions of Approval. 25. Whenever the term "developer" is used herein, the same shall be taken and construed to mean Silvestri Investments of Florida, Inc. All obligations, liabilities, and responsibilities incurred by or imposed by these Conditions of Approval shall be assumed by and be enforceable against any successor-in- interest to the developer,as the overall developer of the PUD. 26. These Conditions of Approval supercede and repeal all prior approvals by the City including, but not limited to, the Preliminary Master Plan dated September 25, 1986, as approved by the Ocoee City Commission on December 9, 1986. Approved by the Ocoee City Commission under agenda item at a public hearing held on , 1991. 2)2•I ��1 EXHIBIT "D" PARCELS 131 & 132 sL&1t1 1IaAD PROPOi'b cennluon A PORTION OF A STRIP OF LAND BEING 100.00 FEET IN WIDTH LOCATED IN SECTIONS 4,9, 16 AND 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST, LYING 50.00 FEET, PERPENDICULAR MEASURE, ON EITHER SIDE OF THE FOLLOWING DESCRIBED CENTERLINE, BEING BOUNDED ON THE SOUTH BY THE NORTH LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 21 AND BOUNDED ON THE NORTH BY THE SOUTH RIGHT-OF-WAY LINE OF CLARCONA OCOEE ROAD, AS MAINTAINED BY ORANGE COUNTY, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCE AT THE SOUTHWEST CORNER OF SAID SECTION 21 FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF SAID SOUTHWEST QUARTER, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11' 19" WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 03'42'13", AN ARC LENGTH OF 80.22 FEET, A CHORD LENGTH OF 80.20 FEET AND A CHORD BEARING OF NORTH 01'39'48" EAST TO A POINT ON THE AFORESAID NORTH LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 21, SAID POINT BEING THE POINT OF BEGINNING; THENCE CONTINUE NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF ]8 '00' 58", AN ARC LENGTH OF 823 .40 FEET, A CHORD LENGTH OF 808 . 38 FEET AND A CHORD BEARING OF NORTH 22'31' 23" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 4 1' 31'50" EAST, 591 .82 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41' 20'59", AN ARC LENGTH OF 895.62 FEET, A CHORD LENGTH OF 876. 31 FEET AND A CHORD BEARING OF NORTH 20'51' 18" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00' LO'51" EAST, 1953 .79 FEET TO THE NORTHWEST CORNER OF THE NORTHEAST QUARTER OF SAID SECTION 21, SAID POINT ALSO BEING THE SOUTHEAST CORNER OF THE SOUTHWEST QUARTER OF SAID SECTION 16; THENCE, CONTINUE NORTH 00' 10' 51" EAST, ALONG THE EAST LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 16, A DISTANCE OF 2664. 10 FEET TO THE NORTHWEST CORNER OF THE SOUTHEAST QUARTER OF SAID SECTION 16; THENCE, CONTINUE NORTH 00' 10'51" EAST, ALONG THE WEST LINE OF THE NORTHEAST QUARTER OF SAID SECTION 16, A DISTANCE OF 1084.03 FEET-TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHEAST; THENCE, DEPARTING - SAID WEST LINE, RUN NORTHEASTERLY, ALONG SAID CURVE, RLAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 45' 12 '49", AN ARC LENGTH OF 1507. 12 FEET, A CHORD LENGTH OF 1468. 31 FEET AND A CHORD BEARING OF NORTH 22 '47'18" EAST TO THE POINT OF TANGENCY THEREOF; THENCE RUN NORTH 45'23 '39" EAST, A DISTANCE OF 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHWEST; THENCE RUN NORTHEASTERLY, ALONG SAID CUR'/E, RAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OF 2000.58 FEET, A CHORD LENGTH OF 1910. 36 FEET AND A CHORD BEARING OF NORTH 15'23 '08" EAST TO THE POINT OF TANGENCY THEREOF; THENCE RUN NORTH 14'37 '23" WEST, A DISTANCE OF 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE EAST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH 3274 .05 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06'07' 19" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 2'22'45" EAST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE WEST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.05 FEET, A CENTRAL ANGLE OF 21'09' 36", AN ARC LENGTH OF 1209.14 FEET, A CHORD LENGTH OF 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHEAST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.05 FEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OF 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET AND A CHORD BEARING OF NORTH 08.48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, A DISTAIICF, • SHEET 1 of 5 3," ,-J S • OF 2597.84 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHWEST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS t.EPICTI( 1909.65 FEET, A GEH?R.AL /MOLE or 24'38' 13", AN ARC LENGTH OF 820. 12 FEET, A CHORD LENGTH OF 813 .84 FEET AND A CHORD BEAP.ING OF NORTH 11'08 '00" WEST TO THE POINT OF TANGENCY: THENCE RUN NORTH 23 '25'06" WEST, A DISTANCE OF 339. 25 FEET TO THE POINT OF TERMINUS, SAID POINT LIES 594 . 27 FEET SOUTH AND 335 .51 FEET EAST OF THE NORTHWEST CORNER OF THE NORTUMAST 7r/AnTER or SAtt! SECTION 4. LYING WITHIN THOSE LANDS AS RECORDED IN OFFICIAL RECORDS BOOK 3836, PAGE 4019 or THE PUBLIC RFCOROS Or ORANGE COUNTY, FLORIDA, THOSE LANDS BEING DESCRIBED AS FOLLOWS: NORTH 1/2 OF NORTHEAST 1/4 AND SOUTHWEST 1/4 OF THE NORTHEAST 1/4 AND SOUTHEAST 1/4 NORTH OF RAILROAD, ALL IN SECTION 9, TOWNSHIP 22 SOUTH, RANGE 28 EAST, ORANGE COUNTY, FLORIDA AND TUE SOUTHEAST 1/4 OF THE NORTHEAST 1/4 AND SOUTH 500 FT. OF THE WEST 1/2 OF NORTHEAST 1/4 OF THE SOUTHEAST 1/4 AND THE EAST 1/2 OF THE NORTHWEST 1/4 OF THE SOUTHEAST 1/4 AND THE SOUTHEAST 1/4 OF THE SOUTHwFST 1/4 AND THE EAST 1/2 OF THE SOUTHWEST 1/4 OF THE NORTHEAST 1/4 AND THE SOUTH 1/2 OF THE SOUTHEAST 1/4 (LESS THE NORTHEAST 1/4 OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 AND LESS THE NORTH 100 FEET OF THE WEST 230 FEET OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 or THE SOUTHEAST 1/4) ALL IN SECTION 4, TOWNSHIP 22 SOUTH, RANGE 29 EAST, ORANGE COUNTY, FLORIDA. THE ABOVE STRIP OF LAND LIES IN ORANGE COUNTY, FLORIDA AND CONTAINS 13.086 ACRES, MORE OR LESS. TOGETHER WITH THE FOLLOWING: or*. PARCELS 134 & 135 A STRIP OP LAND BEING A PORTION OP THE NORTHEAST QUARTER OP SECTION 4, TOWNSHIP 22 SOUTH, RANGE 28 EAST, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: PORTION OP 1]R COMMENCE AT THE SOUTHWEST CORNER OF SECTION 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST, FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF THE SOUTHWEST QUARTER OP SAID SECTION 21, RUN NORTH 89.50' 17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11' 19" WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'43'09", AN ARC LENGTH OF 903.62 FEET, A CHORD LENGTH OF 883.79 FEET AND A CHORD BEARING OF NORTH 20'40' 16" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 41'31'50" EAST, 591.82 FEET TO TUE POINT OP CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'20'59", AN ARC LENGTH OF 895.61 FEET, A CHORD LENGTH OF 876. 30 FEET AND A CHORD BEARING OF NORTH 20'51'20" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00'10'51" EAST, 5701.93 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTER- LY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 49'12'49", AN ARC LENGTH OF 1507. 12 FEET, A CHORD LENGTH OF 1468. 31 FEET AND A CHORD BEARING OF NORTH 22'47'15" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 45'23'39" EAST, 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE NORTHWESTERLY: THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OF 2000.58 FEET, A CHORD LENGTH OF 1910.36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST, TO THE POINT OF TANGENCY; THENCE RUN NORTH 14'37'23" WEST, 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06'07'19" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 02'22'45" EAST, 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 21'09'36", AN ARC LENGTH OF 1209. 14 FEET, A CHORD LENGTH OF 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OF 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET AND A CHORD BEARING OF NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, 2697.84 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE or 24'36'13", AN ARC LENGTH OF 820.12 FEET, A CHORD LENGTH OF 813.84 FEET AND A CHORD BEARING OF NORTH 11'08'00" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 23'26'06" WEST 256.33 FEET TO THE POINT OF BEGINNING; THENCE RUN SOUTH 89'50'46" WEST, 54.43 FEET; THENCE RUN NORTH 23'26'06" WEST, 61.41 FEET; THENCE RUN NORTH 66'33'54" EAST, 100.00 FEET; THENCE RUN SOUTH 23'26'06" EAST 104.44 FEET; THENCE RUN SOUTH 89'50'46" WEST, 54.43 FEET TO THE POINT OF BEGINNING; TOGETHER WITH: A STRIP OF LAND BEING A PORTION OF THE NORTHEAST QUARTER OF SECTION 4, TOWNSHIP 22 SOUTH, RANGE 28 EAST, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS; PORTION OP 134 COMMENCE AT THE SOUTHWEST CORNER OF SECTION 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST, FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 21, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11'19" WEST, 1250.07 PEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY: THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 PEET, A CENTRAL ANGLE OF 41'43'09", AN ARC LENGTH OF 903.62 FEET, A CHORD LENGTH OF 883.79 FEET AND A CHORD BEARING OF NORTH 20'40' 16" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 41'31'50" EAST, 591.82 FEET TO THE POINT OF SHEET 3 of 5 CURVATURE Or IkluRvli CONCAVE NORTHWESTERLY; THE. .i RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH Or 1241.00 FEET, A CENTRAL ANGLE or 41'20'59", AN ARC LENGTH OF 896.61 PEST, A CHORD LENGTH OF 876.30 FEET AND A CHORD BEARING OF NORTH 20'51'20" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00'10'51" EAST, 5701.93 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTER- LY: THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH Or 1909.86 FEET, A CENTRAL ANGLE OP 49'12'49", AN ARC LENGTH OF 1507. 12 FEET, A CHORD LENGTH OF 1468.71 FEET AND A CHORD BEARING OF NORTH 22'47' 15" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 45'23'39" EAST, 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OP 2000.58 FEET, A CHORD LENGTH OP 1910. 36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST, TO THE POINT OF TANGENCY; THENCE RUN NORTH 14'37'23" WEST, 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH Or 3274.04 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06'07' 19" WEST TO THE POINT OP TANGENCY; THENCE RUN NORTH 02'22'45" EAST, 239.98 FEET TO THE POINT OF CURVATURE Or A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 21'09'36", AN ARC LENGTH OF 1209. 14 FEET, A CHORD LENGTH OF 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 19.56'58", AN ARC LENGTH OF 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET ANO A CHORD BEARING OF NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, 2697.84 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 PEST, A CENTRAL ANGLE OF 10'59'24", AN ARC LENGTH Or 366.34 FEET, A CHORD LENGTH OF 365.77 FEET AND A CHORD BEARING OF NORTH 04.19'75" WEST; THENCE RUN NORTH 89'41'19" EAST 35.03 FEET TO THE POINT OF BEGINNING; THENCE RUN NORTH 01'09'37" EAST, 74.95 FEET TO A POINT ON A NON-TANGENT CURVE CONCAVE WESTERLY; THENCE RUN SOUTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1959.86 FEET, A CENTRAL ANGLE OF 02'13'37", AN ARC LENGTH OF 76.17 FEST, A CHORD LENGTH OF 76.17 FEET AND A CHORD BEARING OF SOUTH 10'41'24" EAST; THENCE RUN SOUTH 89'41'19" WEST, 15.65 FEET TO THE POINT OP BEGINNING; THE ABOVE DESCRIBED STRIP OF LAND LIES IN ORANGE COUNTY, FLORIDA AND CONTAINS 0.204 ACRES, MORE OR LESS. TOGETHER WITH THE FOLLOWING: SHEET 4 of 5 I I Nt - __ - PARCEL 133 A STRIP OP LAND BEING A PORTION OP THE EAST HALF OF SECTION 4, TOWNSHIP 22 SOUTH, RANGE 28 EAST AND A PORTION OF THE EAST QUARTER OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 4, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SOUTHWEST CORNER OF SECTION 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF THE SOUTHWEST QUARTER OP SAID SECTION 21, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11'19" WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'43'09", AN ARC LENGTH OF 903.62 FEET, A CHORD LENGTH OF 883.79 FEET AND A CHORD BEARING OF NORTH 20'40'16" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 41'31'50" EAST, 591.82 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'20'59", AN ARC LENGTH OF 895.61 FEET, A CHORD LENGTH OF 876.30 FEET AND A CHORD BEARING OF NORTH 20'51'20" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00'10'51" EAST, 5701.93 FEET TO THE POINT OF TANGENCY OF A CURVE CONCAVE TO THE SOUTHEAST; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 45'12'49", AN ARC LENGTH OF 1507.12 FEET, A CHORD LENGTH OF 1468.31 FEET AND A CHORD BEARING OF NORTH 22'47'15" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 45. 23' 39" EAST, A DISTANCE OF 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHWEST; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OF 2000.58 FEET, A CHORD LENGTH OF 1910.36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 14' 37'23" WEST, A DISTANCE OF 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE EAST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06'07'19" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 02'22'45" EAST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE WEST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OP 21'09'36", AN ARC LENGTH OF 1209.14 FEET, A CHORD LENGTH OP 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHEAST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.05 FEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OF 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET AND A CHORD BEARING OF NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, 400.00 FEET TO THE POINT OF BEGINNING; THENCE RUN SOUTH 89'34'34" WEST, 50.01 FEET; THENCE RUN NORTH 01'10'07" EAST, 2299.23 FEET TO THE POINT OP CURVATURE OF A CURVE CONCAVE TO THE SOUTHWEST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1859.86 FEET, A CENTRAL ANGLE OF 24'36'13", AN ARC LENGTH OF 798.65 FEET, A CHORD LENGTH OF 792.53 FEET AND A CHORD BEARING OF NORTH 11'08'00" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 23'26'06" WEST,277.85 FEET; THENCE RUN NORTH 89'50'46" EAST, 108.86 FEET; THENCE RUN SOUTH 23'26'06" EAST 234.82 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHWEST; THENCE RUN SOUTHEASTERLY ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1959.86 FEET, A CENTRAL ANGLE OF 11'37'22", AN ARC LENGTH OF 397.57 FEET, A CHORD LENGTH OF 396.88 FEET AND A CHORD BEARING OF SOUTH 17'37'25" EAST; THENCE RUN, NON-RADIAL TO SAID CURVE, SOUTH 01'10'07" WEST, 2738.08 FEET TO THE POINT OF BEGINNING. THE ABOVE DESCRIBED STRIP OF LAND LIES IN ORANGE COUNTY, FLORIDA AND CONTAINS 4.769 ACRES, MORE OR LESS. SHEET 5 of 5 --_-_-- 1 EXHIBIT "E" PARCELS 131 & 132 ,.r roll !IOAo PNOPO/1D CCIUI1I Il A PORTION OF A STRIP OF LAND BEING 100.00 FEET IN WIDTH LOCATED IN SECTIONS 4,9, 16 AND 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST, LYING 50.00 FEET, PERPENDICULAR MEASURE, ON EITHER SIDE OF THE FOLLOWING DESCRIBED CENTERLINE, BEING BOUNDED ON THE SOUTH BY THE NORTH LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 21 AND BOUNDED ON THE NORTH BY THE SOUTH RIGHT-OF-WAY LINE OF CLARCONA OCOEE ROAD, AS MAINTAINED BY ORANGE COUNTY, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCE AT THE SOUTHWEST CORNER OF SAID SECTION 21 FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF SAID SOUTHWEST QUARTER, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00' 11' 19" WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 03'42' 13", AN ARC LENGTH OF 80.22 FEET, A CHORD LENGTH OF 80.20 FEET AND A CHORD BEARING OF NORTH 01'39'48" EAST TO A POINT ON THE AFORESAID NORTH LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 21, SAID POINT BEING THE POINT OF BEGINNING; THENCE CONTINUE NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 38'00'58", AN ARC LENGTH OF 823 . 40 FEET, A CHORD LENGTH OF 808. 38 FEET AND A CHORD BEARING OF NORTH 22'31'23" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 4 1' 3 1'50" EAST, 591 .82 FEET TO THE POINT OF CURVATURE OF A CURVE . CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'20'59", AN ARC LENGTH OF 895.62 FEET, A CHORD LENGTH OF 876. 31 FEET AND A CHORD BEARING OF NORTH 20'51 ' 18" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00' 10'51" EAST, 1953 .79 FEET TO THE UORTIHIEST CORNER OF THE NORTHEAST QUARTER OF SAID SECTION 21, SAID POINT ALSO BEING THE SOUTHEAST CORNER OF THE SOUTHWEST QUARTER OF SAID SECTION 16; THENCE, CONTINUE NORTH 00 ' 10'51" EAST, ALONG THE EAST LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 16, A DISTANCE OF 2664 . 10 FEET TO THE NORTHWEST CORNER OF THE SOUTHEAST QUARTER OF SAID SECTION 16; THENCE, CONTINUE NORTH 00' 10'51" EAST, ALONG THE WEST LINE OF THE NORTHEAST QUARTER OF SAID SECTION 16, A DISTANCE OF 1084 .03 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHEAST; THENCE, DEPARTING - SAID WEST LINE, RUN NORTHEASTERLY, ALONG SAID CURVE, RAVING A RADIUS LENGTH OF 1909.96 FEET, A CENTRAL ANGLE OF 45' 12 '49", AN ARC LENGTH OF 1507. 12 FEET, A CHORD LENGTH OF 1468. 31 FEET AND A CHORD BEARING OF NORTH 22'47' 15" EAST TO THE POINT OF TANGENCY THEREOF; THENCE RUN NORTH 45'23 '39" EAST, A DISTANCE OF 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHWEST; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OF 2000.58 FEET, A CHORD LENGTH OF 1910.36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST TO THE POINT OF TANGENCY THEREOF; THENCE RUN NORTH 14'37'23" WEST, A DISTANCE OF 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE EAST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH 3274 .05 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06.07 ' 19" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 2'22'45" EAST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE WEST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274 .05 FEET, A CENTRAL ANGLE OF 21'09'36", AN ARC LENGTH OF 1209. 14 FEET, A CHORD LENGTH OF 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHEAST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.05 FEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OF 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET AND A CHORD BEARING OF NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, A DISTANCE SHEET 1 of 2 111 OF 2597.84 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHWEST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS t.ENCT►f 1909.84 rEET, A CENTAL ANGLE or 24'36' 13", AN ARC LENGTH OF 820. 12 FEET, A CHORD LENGTH OF 813 .84 FEET AND A CHORD BEARING OF NORTH 11'08 '00" WEST TO THE POINT OF TANGENCY: THENCE RUN NORTH 23 '26'06" WEST, A DESTAHCE OF 339 .25 FEET TO THE POINT OF TERMINUS, SAID POINT LIES 594 . 27 FEET SOUTH AND ]]5.51 FEET EAST OF THE NORTHWEST CORNER of THE NARTHRAYT rai,AnTER or 8A20 SECTLON 4 . LYING WITHIN THOSE LANDS AS RECORDED IN OFFICIAL RECORDS BOOK 3836, PAGE 4019 or THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA, THOSE LANDS BEING DESCRIBED AS FOLLOWS: NORTH 1/2 OF NORTHEAST 1/4 AND SOUTHWEST 1/4 OF THE NORTHEAST 1/4 AND SOUTHEAST 1/4 NORTH OF RAILROAD, ALL IN SECTION 9, TOWNSHIP 22 SOUTH, RANGE 28 EAST, ORANGE COUNTY, FLORIDA AND THE SOUTHEAST 1/4 OF THE NORTHEAST 1/4 AND SOUTH 500 FT. OF THE WEST 1/2 OF NORTHEAST 1/4 OF THE SOUTHEAST 1/4 AND THE EAST 1/2 OF THE NORTHWEST 1/4 OF THE SOUTHEAST 1/4 AND THE SOUTHEAST 1/4 OF THE SOUTHWEST 1/4 AND THE EAST 1/2 OF THE SOUTHWEST 1/4 OF THE NORTHEAST 1/4 AND THE SOUTH 1/2 OF THE SOUTHEAST 1/4 (LESS THE NORTHEAST 1/4 OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 AND LESS THE NORTH 100 FEET OF THE WEST 230 FEET OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4) ALL IN SECTION 4, TOWNSHIP 22 SOUTH, RANGE 29 EAST, ORANGE COUNTY, FLORIDA. THE ABOVE STRIP OF LAND LIES IN ORANGE COUNTY, FLORIDA AND CONTAINS 13.086 ACRES, MORE OR LESS. • • SHEET 2 of 2 . was - ---r-^ EXHIBIT "F" PARCEL 133 A STRIP OF LAND BEING A PORTION OF THE EAST HALF OF SECTION 4, TOWNSHIP 22 SOUTH, RANGE 28 EAST AND A PORTION OF THE EAST QUARTER OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 4, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SOUTHWEST CORNER OF SECTION 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 21, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11'19" WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'43'09", AN ARC LENGTH OP 903.62 FEET, A CHORD LENGTH OF 883.79 FEET AND A CHORD BEARING OP NORTH 20'40' 16" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 41'31'50" EAST, 591.82 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'20'59", AN ARC LENGTH OF 895.61 FEET, A CHORD LENGTH OF 876.30 FEET AND A CHORD BEARING OF NORTH 20.51'20" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00'10'51" EAST, 5701.93 FEET TO THE POINT OF TANGENCY OF A CURVE CONCAVE TO THE SOUTHEAST; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 45'12'49", AN ARC LENGTH OF 1507.12 FEET, A CHORD LENGTH OF 1468.31 FEET AND A CHORD BEARING OF NORTH 22'47'15" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 45. 23'39" EAST, A DISTANCE OF 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHWEST; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OF 2000.58 FEET, A CHORD LENGTH OF 1910.36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 14' 37'23" WEST, A DISTANCE OF 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE EAST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OP 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06'07'19" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 02'22'45" EAST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE WEST; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 21'09'36", AN ARC LENGTH OF 1209.14 FEET, A CHORD LENGTH OP 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, A DISTANCE OF 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE NORTHEAST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.05 PEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OP 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET AND A CHORD BEARING OF NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, 400.00 FEET TO THE POINT OF BEGINNING; THENCE RUN SOUTH 89'34134" WEST, 50.01 FEET; THENCE RUN NORTH 01'10'07" EAST, 2299.23 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHWEST; THENCE RUN NORTHWESTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1859.86 FEET, A CENTRAL ANGLE OF 24'36'11", AN ARC LENGTH OF 798.66 FEET, A CHORD LENGTH OF 792.53 FEET AND A CHORD BEARING OF NORTH 11'08'00" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 23'26106" WEST,277.85 FEET; THENCE RUN NORTH 89'50'46" EAST, 108.86 FEET; THENCE RUN SOUTH 23'26'06" EAST 234.82 FEET TO THE POINT OP CURVATURE OF A CURVE CONCAVE TO THE SOUTHWEST; THENCE RUN SOUTHEASTERLY ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1959.86 FEET, A CENTRAL ANGLE OF 11'37122", AN ARC LENGTH OF 397.57 FEET, A CHORD LENGTH OP 396.88 FEET AND A CHORD BEARING OF SOUTH 17'37'25" EAST; THENCE RUN, NON-RADIAL TO SAID CURVE, SOUTH 01'10'07" WEST, 2738.08 FEET TO THE POINT OF BEGINNING. THE ABOVE DESCRIBED STRIP OF LAND LIES IN ORANGE COUNTY, FLORIDA AND CONTAINS 4.769 ACRES, MORE OR LESS. TOGETHER WITH THE FOLLOWING: SHEET 1 of 3 Jr- . PARCEL 134 & 135 A STRIP or LAND BEING A PORTION OP THE NORTHEAST QUARTER OP SECTION 4, TOWNSHIP 22 SOUTH, RANGE 28 EAST, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: PORTION OF 1]R COMMENCE AT THE SOUTHWEST CORNER OF SECTION 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST, FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF THE SOUTHWEST QUARTER OP SAID SECTION 21, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11' 19" WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'43'09", AN ARC LENGTH OF 903.62 FEET, A CHORD LENGTH OF 883.79 FEET AND A CHORD BEARING OF NORTH 20'40' 16" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 41'31'50" EAST, 591.82 FEET TO THE POINT OP CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'20'59", AN ARC LENGTH OF 895.61 FEET, A CHORD LENGTH OF 876.30 FEET AND A CHORD BEARING OF NORTH 20.51'20" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 00'10'91" EAST, 5701.93 FEET TO THE POINT OP CURVATURE OP A CURVE CONCAVE SOUTHEASTER- LY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 49'12'49", AN ARC LENGTH OF 1507. 12 FEET, A CHORD LENGTH OF 1468.31 FEET AND A CHORD BEARING OF NORTH 22'47'15" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 45'23'39" EAST, 300.01 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60.01'02", AN ARC LENGTH OF 2000.58 FEET, A CHORD LENGTH OF 1910.36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST, TO THE POINT OF TANGENCY; THENCE RUN NORTH 14'37'23" WEST, 720.00 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD SEARING OF NORTH 06'07'19" WEST TO THE POINT OP TANGENCY; THENCE RUN NORTH 02.22'45" EAST, 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 21.09'36", AN ARC LENGTH OF 1209. 14 FEET, A CHORD LENGTH OF 1202.28 FEET AND A CHORD SEARING OF NORTH 08'12'03" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 18'46'51" WEST, 239.98 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OF 1139.96 FEET, A CHORD LENGTH OP 1134.21 FEET AND A CHORD BEARING OF NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, 2697.84 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 24'36'13", AN ARC LENGTH OF 820.12 FEET, A CHORD LENGTH OF 813.84 FEE? AND A CHORD BEARING OF NORTH 11'08'00" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 23'26'06" WEST 256.33 FEET TO THE POINT OF BEGINNING; THENCE RUN SOUTH 89'50'46" WEST, 54.43 FEET; THENCE RUN NORTH 23'26'06" WEST, 61.41 FEET; THENCE RUN NORTH 66'33'54" EAST, 100.00 FEET; THENCE RUN SOUTH 23'26'06" EAST 104.44 FEET; THENCE RUN SOUTH 89'50'46" WEST, 54.43 PEST TO THE POINT OF BEGINNING; TOGETHER WITH: A STRIP OF LAND BEING A PORTION OF THE NORTHEAST QUARTER OF SECTION 4, TOWNSHIP 22 SOUTH, RANGE 28 EAST, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: PORTION OF 134 COMMENCE AT THE SOUTHWEST CORNER OF SECTION 21, TOWNSHIP 22 SOUTH, RANGE 28 EAST, FOR A POINT OF REFERENCE; THENCE, ALONG THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 21, RUN NORTH 89'50'17" EAST, 1632.88 FEET; THENCE, DEPARTING SAID SOUTH LINE, RUN NORTH 00'11'19" • WEST, 1250.07 FEET TO THE POINT OF CURVATURE OF A CURVE CONCAVE SOUTHEASTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1241.00 FEET, A CENTRAL ANGLE OF 41'43'09", AN ARC LENGTH OF 903.62 FEET, A CHORD LENGTH OF 883.79 FEET AND A CHORD BEARING OF NORTH 20'40'16" EAST TO THE POINT OF TANGENCY; THENCE RUN NORTH 41'31'50" EAST, 591.82 FEET TO THE POINT OF SHEET 2 of 3 ' CURVATURE OF wit CONCAVE NORTHWESTERLY, THt. .S RUN 1 NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OP 1241.00 PEST, A CENTRAL ANGLE Of 41.20'59", AN ARC LENGTH Of 895.61 FEET, A CHORD LENGTH Of $76.30 FEET AND A CHORD BEARING OF NORTH 20'51'20" EAST TO THE POINT Of TANGENCY: THENCE RUN NORTH 00'10'51" EAST, 5701.93 FIET TO THE POINT OP CURVATURE OF A CURVE CONCAVE SOUTHEASTER- LY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OP 49'12'49", AN ARC LENGTH OF 1507.12 FEET, A CHORD LENGTH OF 1468.31 FEET AND A CHORD BEARING OF NORTH 22'47' 15" EAST TO THE POINT OF TANGENCY: THENCE RUN NORTH 45'23'39" FAST, 300.01 FEET TO THE POINT OF CURVATURE or A CURVE CONCAVE NORTHWESTERLY; THENCE RUN NORTHEASTERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 1909.86 FEET, A CENTRAL ANGLE OF 60'01'02", AN ARC LENGTH OF 2000. 58 FEET, A CHORD LENGTH OF 1910.36 FEET AND A CHORD BEARING OF NORTH 15'23'08" EAST, TO THE POINT OF TANGENCY; THENCE RUN NORTH 14'37'23" WEST, 720.00 FEET TO THE POINT OF CURVATURE or A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OP 17'00'08", AN ARC LENGTH OF 971.56 FEET, A CHORD LENGTH OF 968.00 FEET AND A CHORD BEARING OF NORTH 06.07' 19" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 02'22'45" EAST, 239.98 FEET TO THE POINT OP CURVATURE OF A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OF 3274 .04 FEET, A CENTRAL ANGLE OF 21'09'36", AN ARC LENGTH OP 1209. 14 FEET, A CHORD LENGTH OF 1202.28 FEET AND A CHORD BEARING OF NORTH 08'12'03" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 18'46'51* WEST, 239.98 PEET TO THE POINT OP CURVATURE OF A CURVE CONCAVE EASTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 3274.04 FEET, A CENTRAL ANGLE OF 19'56'58", AN ARC LENGTH OP 1139.96 FEET, A CHORD LENGTH OF 1134.21 FEET AND A CHORD BEARING OP NORTH 08'48'22" WEST TO THE POINT OF TANGENCY; THENCE RUN NORTH 01'10'07" EAST, 2697.84 FEET TO THE POINT OF CURVATURE OP A CURVE CONCAVE WESTERLY; THENCE RUN NORTHERLY, ALONG SAID CURVE, HAVING A RADIUS LENGTH OP 1909.86 FEET, A CENTRAL ANGLE OF 10'59'24", AN ARC LENGTH OF 366.34 FEET, A CHORD LENGTH OF 365.77 FEET AND A CHORD BEARING Of NORTH 04'19'35" WEST; THENCE RUN NORTH 89'41'19" EAST 35.03 FEET TO THE POINT or BEGINNING; THENCE RUN NORTH 01'09'37" EAST, 74.95 FEET TO A POINT ON A NON-TANGENT CURVE CONCAVE WESTERLY; THENCE RUN SOUTHERLY, ALONG SAID CURVE HAVING A RADIUS LENGTH OF 1959.86 FEET, A CENTRAL ANGLE OF 02'13'37", AN ARC LENGTH Of 76.17 FEET, A CHORD LENGTH OP 76. 17 FEET AND A CHORD BEARING OF SOUTH 10'41'24" EAST; THENCE RUN SOUTH 89'41'19" WEST, 15.65 FEET TO THE POINT OF BEGINNING; THE ABOVE DESCRIBED STRIP OF LAND LIES IN ORANGE COUNTY, FLORIDA AND CONTAINS 0.204 ACRES, MORE OR LESS. • SHEET 3 of 3 EXHIBIT "G" That certain sixty ( 60 ) foot wide right-of-way denoted as "Future Connection to Hackney Prairie Road" running from the intersection with the proposed Clark Road to the eastern boundary of the Prairie Lakes P.U.D. all as set forth on the Master Plan Amendment for Prairie Lakes P.U.D. dated August 5 , 1985 , as revised through April 12 , 1991 and prepared by Glatting, Lopez , Kercher and Anglin under Project No. 3492 . 01 IMMIM I 4' EXHIBIT "H"`111) DEVELOPMENT AGREEMENT ALTERNATIVE ROAD IMPACT FEE SCHEDULE EXHIBIT "A" TO ORDINANCE NO. 90-01 Road Impact Fee Schedule Impact Building Fee Single-family residential $1, 131.65 Multifamily (per unit ) 690 . 31 Mobile home 543. 19 Office* : Less than 100, 000 sq. ft . 2,003 .02 100 , 000 to 200,000 sq. ft . 1, 618. 26 Over 200,000 sq. ft . 1, 233 . 50 Retail* : Less than 50, 000 sq. ft . 6, 537 .66 50 , 000 to 99,999 sq. ft . 4 , 454 .17 100 ,000 to 199 , 999 sq. ft . 4, 604 . 34 200,000 to 299 , 999 sq. ft . 4 , 237 .35 300,000 to 399,999 sq. ft . 3, 508.79 400,000 to 499,999 sq. ft . 4,161 .98 500,000 to 999,999 sq. ft. 3,409.89 1 ,000,000 to 1, 250,000 sq. ft. 3, 400.72 More than 1, 250,000 sq. ft . 3,125.73 Hospital* 1,888.72 Industrial* 614 . 49 Manufacturing* 435.69 Warehousing* 552 .25 Hotel-motel (per room) 1,188. 23 Restaurant* 9,674. 25 Bank* 6, 518•. 30 * Cost per one thousand ( 1,000) gross square feet or gross leasable square feet FLOPPY/4758 ( 5) 01-4758 ( 12/26/89)