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Item 03 Approval of a Performance Surety Escrow Agreement and Letter Related to Infrastructure Completion Requirements with Ocoee Village Developers ConsortiumfQorlda AGENDA ITEM COVER SHEET Meeting Date; December 6, 2022 Item #Reviewed By., Contact Name: Mike Rumer Department Director: Contact `umber- 407-905-3100 City Manager Rob Frank Subject: Moose Village Developers Consortium Performance ur t Escrow Agreement and Letter related to Infr atru tune Completion Requirements Background Summary: Ocoee Development, LLC commenced construction of a mixed use project referred to as Ocoee Village Center and, in connection therewith and with the approval of the City, has installed certain roads, streets, sewers, water systems, drainage works, and/or other improvements under the provisions, conditions; and requirements of the City's Subdivision Regulations. A consortium composed of I irnaya Ocoee Village, LL , Ocoee Village residential LLC, and DKC Ocoee Village Center SE, LLC obtained development rights to acquire certain parcels to complete the development of Ocoee Village Center, Since platting has been requested prior to the issuance of a Certificate of Completion and was approved at the October 18, 2022, City Commission meeting, a surety is required to ensure the completion o certain infrastructure improvements. The Performance Surety Escrow Agreement provides the term for the escrow' fund. The related letter from the City provides an itemization of the infrastructure improvements that are required to be completed before a Certificate of Occupancy will be issued for a particular parcel. Issue: Should the Honorable Mayor and City Commissioners approve the Performance Surety Escrow Agreement and related infrastructure improvements completion letter? Recommendations: Staff respectfully recommends that the Honorable Mayor and City Commissioners approve the Performance Surety Escrow Agreement and 'related infrastructure improvements completion letter. Attachments: Performance Surety Escrow Agreement Escrow Agreement letter Confirming Infrastructure Requirements Financial Impact: None Type of /tern» (please ro rk mill? an 'V) +bic Hearing r 1€11c aJ§n Ordinance First Reading Ordinance Second Reading Resolution --�-- Commission Approval Discussion &Direction Original Document/Contract Attached for Execution bvCity Clerk Original Document/Contract Held by Department for Execution Reviewed by City Attorney Reviewed hvFinance Dept. Reviewed by X Consent Agenda Public Hearing Regular Agenda N/A 2 THIS PERF ORMANCE SURETY ESCROW AGREEMENT (this "Agreement") is entered into this — day of .5 2022 by OCOEE VILLAGE DEVELOPERS CONSORTIUM, an unincorporated association of members (the "Consortium"), the addresses of the members of the Development Committee thereof being set forth in the signature blocks to this Agreement, and the CITY OF OCOEE, a Florida municipal corporation, whose address is I North Bluford Avenue, Ocoee, Florida 34761 (the "City"). WITNESSETH: WHEREAS, OCOEE DEVELOPMENT IV, LLC, a Florida limited liability company (the "Developer") commenced construction of a mixed use project referred to as Ocoee Village Center (the "Center") and, in connection therewith and with the approval of the City, has installed certain roads, streets, sewers, water systems, drainage works, and/or other improvements (the "Improvements") under the provisions, conditions, and requirements of the City's Subdivision Regulations and the following approvals granted by the Ocoee City Commission (collectively, the "Subdivision Plan"), to wit: (a) Case No. RZ-18-06-09, whereby on October 6, 2020, the Ocoee City Commission approved Ordinance No. 2019-011, rezoning the Property to PUD, under the Ocoee Land Development Code, as amended by Ordinance No. 2020-024approved by the Ocoee City Commission on October 6, 2020 (collectively, the "Ocoee Village Center PUD"); and (b) Case No. CPA-2018-006, whereby on October 6, 2020, the Ocoee City Commission approved Ordinance No. 2019-010, amending the Ocoee Comprehensive Plan to change the Future Land Use Designation for the Property to "High Density Residential and Commercial" (the "Land Use Plan Amendment"); and (c) Project No. LS-2019-005, whereby on October 6, 2020, the Ocoee City Commission approved the Preliminary/Final Site Plan for the Townhomes at Ocoee Village Center (the "Townhome Site Plan Approval"); and (d) Project No. LS-2019.007, whereby on October 6, 2020, the Ocoee City Commission approved the Preliminary/Final Site Plan for the Allure Apartments at Ocoee Village Center (the "Apartment Site Plan Approval"); and (e) Project No. LS-2019-009, whereby on October 6, 2020, the Ocoee City Commission approved the Preliminary/Final Site Plan for the Southeast Commercial at Ocoee Village Center (the "Southeast Commercial Site Plan Approval"); and WHEREAS, the Consortium, acting by and through a "Development Committee," is composed of the following parties, to wit: (i) Kimaya Ocoee Village, LLC, a Florida limited liability company, (ii) Ocoee Village Residential LLC, a Delaware limited liability company, and (iii) DKC Ocoee Village Center SE, LLC, a Florida limited liability company; and 0038106\1 92266\1 2314946v5 WHEREAS, the parties comprising the Consortium own and/or have contractual rights to acquire parcels within the Center ("Parcels"), and the Consortium has elected, pursuant to a written agreement with Developer, to compete the development of the Center for their mutual benefit; and WHEREAS, under Section 4-4, Subdivision Review Process, of the City's Land Development Code, the Developer or Consortium, as the case may be, is required to provide a surety for completion of the Improvements for the Center if platting is requested prior to the issuance of the Certificate of Completion; and WHEREAS, the Consortium has requested platting of the Center prior to the issuance of the Certificate of Completion; and WHEREAS, the Consortium has elected to place cash pursuant to the "Escrow Exhibit" attached as Exhibit A in escrow with the City in order to so guarantee the completion of the Improvements within the Center as required by Section 4-4 of the Land Development Code. NOW THEREFORE, the parties agree as follows: SECTION 1. Establishment of Escrow Fund. The Consortium does hereby establish an escrow fund (the "Escrow Fund") with the City in the amount of ONE MILLION — THREE HUNDRED THIRTY FIVE THOUSAND THREE HUNDRED EIGHTY SEVEN AND 10/100 DOLLARS ($1,335,387.10) to guarantee the completion of the Improvements identified on the Escrow Exhibit within the Center. This Escrow Fund shall be placed by the City in a non -interest bearing account at a local financial institution and shall be disbursed only in accordance with the tern -is of this Agreement. The Escrow Fund may be cominingled with the other funds of the City but shall be accounted for under a separate ledger and segregated for use only in accordance with this Agreement and its Escrow Exhibit. SECTION 2. Terms and Conditions for Return of Escrow Fund. In the event the Consortium complies with the terms and conditions of the approval of the Subdivision Plan, these conditions being more specifically the completion of the Improvements shown on the Subdivision Plan and specifications in accordance with the ordinances and regulations of the City of Ocoee, Florida, in regard to subdivision improvements and according to the plans, specifications and schedules covering said work and such approved additions, amendments or alterations as may be made in the plans, specifications and schedules for such work as approved by the City and completes all said work, on or before July 31, 2023 (the "Construction Deadline"), as evidenced by the City's issuance of a Certificate of Completion or equivalent document, then the monies remaining in the Escrow Fund less reasonable administrative expenses and attorneys' fees and costs incurred by the City in exercising or otherwise enforcing its rights under this Agreement shall be returned to First American Title Insurance Company as escrow agent under an Escrow Agreement with the Consortium dated October 14, 2022. Upon the Consortium's written request (not more often than once every 90 days) and provided that during any intervening period the completion of certain of the Improvements shown on the Subdivision Plan and specifications in accordance with the ordinances and regulations of the City of Ocoee, Florida, in regard to subdivision improvements and according to the plans, specifications and schedules covering said work and such approved additions, amendments or alterations as may be 2 0038106\1 92266\1 2314946v5 made in the plans, specifications and schedules for such work as approved by the City has been completed, then the corresponding monies in the Escrow Fund based on the Escrow Exhibit less reasonable administrative expenses and attorneys' fees and costs incurred by the City in exercising or otherwise enforcing its rights under this Agreement shall be returned to First American Title Insurance Company as escrow agent under an escrow agreement with the Consortium. Unless otherwise mutually agreed to by City and Consortium, the Escrow Fund shall be used by the City only (a) to complete the Improvements within the Center upon the failure or refusal of the Consortium to complete the Improvements within the Center by the Construction Deadline, (b) to cure a breach by Consortium of its obligations under this Agreement that remains uncured after thirty (30) days prior written notice to the Consortium (or such additional period of time as is reasonably required to facilitate a cure using diligent efforts), and/or (c) to pay for actual, documented, reasonable administrative expenses and attorneys' fees and costs paid or incurred by the City (excluding amounts not actually paid or payable to third parties) in exercising or otherwise enforcing its rights under this Agreement that remain unpaid after thirty (30) days prior written notice to the Consortium that such fees and costs are due, which notice shall be accompanied by reasonably detailed supporting documentation of same. If the Consortium fails or refuses to complete the Improvements within the Center by the Construction Deadline, taking into account any extensions thereof which may be granted by the City in writing in its reasonable discretion, then the City may, but shall not be obligated to, complete the Improvements, the cost of which shall be paid for out of the Escrow Fund in accordance with the Escrow Exhibit upon thirty (3 0) days' prior written notice to the Consortium. In the event the City undertakes completion of the Improvements within the Center, then, subject to the limitations set forth below, the City shall also be entitled reimbursement of all actual, documented, reasonable costs and expenses incurred by the City in undertaking such action, including but not limited to its legal fees and costs. The City may use third party contractors to perform any actions undertaken pursuant to this Agreement. SECTION 4. Right of Entry for Corrective Activities. In the event the City undertakes to complete the Improvements, then in such event the Consortium hereby grants to the City and its employees, contractors and representatives, the right to enter upon the lands of the Center and the Improvements for the purpose of performing any such completion activities. SECTION 5. No Obligation of City to Undertake Repairs or Advance Funds. Nothing contained herein shall be construed to in any way obligate the City to (i) advance City funds for any purpose on behalf of the Consortium, or (ii) to undertake the completion of any Improvements. Further, the City shall have no liability to the Consortium or any third parties with respect to any such actions undertaken by the City, except for (i) misappropriation of any part of the Escrow Fund, and (ii) liability for torts committed by the City; subject, however, to the provisions of Section 768.28, Florida Statutes. 003 8106\ 1 92266\ 1 2314946v5 SECTION 6. Excess Funds. Upon Completion (as defined below), the City shall promptly deliver the balance of the Escrow Fund, if any, to the members of the Consortium in the Shares identified in Section 2 above. As used herein, "Completion" shall mean that all of the Improvements within the Center have been completed to the satisfaction of the City as evidenced by the City's issuance of a Certificate of Completion or equivalent document. SECTION 7. Continued Applicability of Subdivision Regulations. This Agreement shall not be construed to relieve or release the Consortium from any of its obligations under the City Subdivision Regulations with respect to the Improvements. Notices permitted or required by this Agreement to be sent to the Consortium, in order to be effective, shall be delivered by certified mail, overnight delivery, hand -delivery, fax, or e-mail, as applicable, to the delegates of the Consortium at the addresses set forth below their signatures in this Agreement, This Agreement shall be construed in accordance with the laws of the State of Florida. SECTION10. Authority. Each party warrants and represents, with respect to itself, that neither the execution nor the performance of this Agreement requires any consent, vote or approval which has not been obtained, or at the appropriate time shall not have been given or obtained, nor shall it result in or constitute a breach or default under any indenture, contract, or other commitment or restriction to which it is a party or by which it is bound. Each of the persons signing below on behalf of any party hereby represents and warrants that s/he or it is signing with full and complete authority to bind the party on whose behalf of whom s/he or it is signing, to each and every term of this Agreement. ignature Pare Folloivsl 4 0038106\1 92266\1 23149460 IN WITNESS WHEREOF, the parties hereto have caused these presents to be signed as of the date and year first above written. By: Its 3-Member Development Committee Randy Jones, delegate appointed by Kimaya Ocoee Village, LLC, 5200 Vineland Road, Suite 200, Orlando, FL 32801, Phone (407) 529-3048, Fax (407) 529-3100, E-Mail dones g Xarksquarehorties.com Date: .2022 Noam Magence, delegate appointed by Ocoee Village Residential LLC, c/o The NRP Group, 1228 Euclid Avenue, Floor 4, Cleveland, OH 44115, Phone (Cell) 216-337-8900, E-Mail Rlnqggnc_e n1 rou .com Date: 2022 Patrick Christie, delegate appointed by DKC Ocoee Village Center SE, LLC, 431 Fairway Drive, Suite 201, Deerfield Beach, FL 33441 Phone (954) 354-8282, E-Mail pchristie a, 0konoversouth, com _ Date: 2022 5 0038106\1 92266\1 23149460 ATTEST; In Melanie Sibbitt, City Clerk (SEAL) FOR THE USE AND RELIANCE BY THE CITY OF OCOEE ONLY. APPROVED AS TO FORM AND LEGALITY this day of .2022 Shuffield, Lowman and Wilson LLP M Scott Cookson, City Attorney N M- CITY OF OCOEE, FLORIDA, a Florida municipal corporation 0 Rusty Johnson, Mayor 171 W TE - I P I oll'- -IR�E 4 1 C *E E T= COMMISSION AT A MEETING HELD ON 2022 UNDER AGENDA ITEM NO. 6 003 8106\1 92266\ 123 14946v5 CI r i Townhouse Work to Complete 03EARTHWORK : 1 Com bled balance to Complete Fine ade ROW £ Backiill Qxbs I 9,760.E 85% $ 1,4600 03 EARTHWORK Subtotal S 9 760.00 S 1,464.00 08-01 UNDERDRAIN POND T-5 0" PVC Solid Pipe I SDR35 $ 2661.40 5O% $ 1,330.70 8'Ur':Ierdraln $ 38,653.Op 50% $ 19,276,50 8"Undardrain Clean -Out $ 121703.68 50% $ 6,351,84 08-01 UNDERDRAIN POND T-5 Subtotal S 53.918.081 S 26.959.04 11 CONCRETE WORK Handicap W1Detedable Warning $ 19,800,20 75% $ 4,9%05 it CONCRETE WORK Subtotal E 79,000.20 $ 4,950.05 2"SP-12.5 Asphalte 11Lift $ 397,122.75 95% S IM5,25 CO 2 Subtotal $ 397.122.75 $ 19,865.25 GRAND TOTALS TOWNHOUSES 480 0103 53:238.34 06 TURN LANE TO LAKEWOOD Sawcut Asphalt Lono Edne Of Pavement $ 5,M,50 OY $ 5,M,50 Remove Exislina Sidewalk $ 7,215.W 0% $.. 7.215A0 Remove Existi Curb I $ 8559.50 0% $ 8,559.50 02A Clear, Grub & Strip Offsite Subtotal S 21,655.00 21,655.00 05A PAVING OFFSiTE 1.5" SP-95 As t S 13 78130 OY $ 13,7300 Mimerock Case $ 17,870,40 07 $ 17870.40 6" Umerock Base I In Lieu Of StabilizedSub ade $ 11376,75 OY $ 11.376.75 05A Pavinq Offe to Subtotal S 42 970.45 42,978.45 11 CONCRETE WORK E Curb $ 8,102.50 0% $ U0250 Vailev Gutter $ 018.60 ox S 4,618,60 F Curb $ 1119550 0% $ 13,195,50 5 X 4" Concrete Sidewalk $ 9.160.00 OY $ 9,160M Handicap qwMs $ 3,96132 OY $ U61.32 11 Concrete Work Subtotal $ 39.037,92 $ 39.037.92 GRAND TOTALS Turn Lane S 103,671.37 10367137 OFF -SIT£ WORK I? Stabilized adeILBR40 $ M.03150 95% $ 5244.00... 8"LimerockBase $ 262,138.69 84% $ 40740.19 2" SP-12.5 Asphalt I Rift S 240,500.75 Of. $ 240,500,75 tAli&Resurface IAssume 1.5'IALLOWANCE $ 29468,06 O% S 29A68.06 Sidpi &Silt s $ 5345RDO 0% S 53,45000 12"Stabilized Substrade l LE'R 40110 Wide AspLgtWalka M $ 5,587.75 M% $ - 4' Umerock Base I IV Wide Asphalt Walkway $ 9,602.25 100% S rSP-9.5 Asphalt PavementI V Wide Asphalt Waikwa2 $ 13,182.75 0'/. $ 13,W75 Cut&Patch Roadwa Crossin s ALLOWAtJCf It 5258250 0% $ 52,58750 Sub -Total Paving S 775 544.25 $ 435.0.25 9 0 Saritary Lift Station 80% $ 70,002,00 6"Underdrain $. 33,547.80 50% S 16773,90 6' Underdrain Clean-OU S 8260,23 50Y $ 4,130.12 6"PVC Solid pia 1 SM35 $ 3204.00 5O% $ 1602.00 6'Underdrain $ 31,494.00 50% S 15882:75 6"t.lnderdrain Clean-OU $ 8.056.30 50% $ 4,028,15 6"PVC Solid Pipe I. SDR35 $ 1,200.00 0% $ 1,200.00 Sub -Total Underdrain $ 43,616.92 D Curb Trendy Curb) $ 25,653.60 59% $ 10.533.60 Concrete Dd Yawav I6'Tlvck ,$ 8.6 AO 0% $ 8.614,40 Concrete Median I Roundabout Arca $ 3,250.00 0% $ 3,2%00 4`X 9 Concrete Sidewalk. $ 3Z914.20 30% $ 22,940,20 4' X 9 Concrete Sidewalk l Thickened Eckie $ 13A52.11 24% $ 10,17110 Sub -Total Concrete Work $ 55,50930 604296.47- Total far Towrtwuses, Turn Lane and Off -Site Work S 76120610 StreefirtHing Townhouses $ 50 OOOAo' N. Lakewood Ave S 125 000.00. Park S 1501mot ng_ Pla2ZVXO S_._.. _ 75000.00 Landsca S 1,161.20G.i8 Total with I15% S 1.935 38710'. €The Cost to Complete does not include: Grassing and Sod Signage Landscape and Irrigation Park Improvememiscovered bythe proposed Park A4reement ',. Signal 7 0038106\192266\1.2314946v5 CITY OF OCOEE, FLORIDA 1 N. Bluford Avenue Ocoee, Florida 34761 Phone: 407-905-3 100 November 2022 DKC Ocoee Village Center SE, LLC Ocoee Village Residential LLC c/o Konover Acquisitions Corp. 801 International Parkway, 5"' Floor 431 Fairway Drive, Suite 201 Lake Mary, Florida 32746 Deerfield Beach, Florida 33441 Attention: Kurt Kehoe & Sophia Knight Attention: David Coppa and Jacob Gerb Email: kkehoolqaM Email: dc )atkonoversouth.cotn Email: 5KRjgh!@nrgroup.com Email: JgLib@ ,konoversouth.com Kimaya Ocoee Village, LLC c/o Park Square Homes 5200 Vineland Road, Suite 200 Orlando, Florida 32811 Attention: Steve Parker & Randy Jones Email: s parker(aDparks urehomes.com ----q-- Email: jjones & arks �uareho�mes.c�om Re: Infrastructure Development and Escrow Agreement for Ocoee Village Center dated March 12, 2021 and recorded March 19, 2021 under Instrument No. 20210158900 of the Public Records of Orange County, Florida (the "Infrastructure Agreement") Ladies and Gentlemen: This letter is addressed to you in your capacity as the three members of the OCOEE VILLAGE DEVELOPERS CONSORTIUM, an unincorporated association of members (the "Consortium"), which has succeeded OCOEE DEVELOPMENT TV, LLC, a Florida limited liability company ("Developer"), as the patty developing the Ocoee Village Center Project located in the City of Ocoee (the "Project"), pursuant to the above -referenced Infrastructure Agreement, You have informed us that the Consortium has agreed (and by its execution below the Consortium does hereby agree) to jointly act as the "Replacement Developer" under the Infrastructure Agreement, by and through a "Development Committee" comprised of (i) Mr. Randy Jones, delegate appointed by Kimaya Ocoee Village, LLC ("Kimaya"), (ii) Mr. Noam Magence, delegate appointed by Ocoee Village Residential LLC ("OVW), and (iii) Mr. Patrick Christie, delegate appointed by DKC Ocoee Village Center SE, LLC ("DKC"). The Consortium has engaged the firm of Poulos & Bennett ("P&B") to provide construction management services for the Project. P&B's representative assigned to the Project is Mr. Steve Saba. Error! Unknown document property name. The Project is required to be completed pursuant to the City's Subdivision Regulations and the approvals granted by the Ocoee City Commission which are itemized on Exhibit "A" attached hereto (collectively, the "Subdivision Plan"). You have expressed concern to the City regarding possible impediments to the issuance of Certificates of Occupancy for the improvements built and to be built on your respective portions of the Project. Specifically, we understand that you are requesting the City to agree to issue certain Certificates of Occupancy notwithstanding that certain elements of the Project infrastructure required by the Subdivision Plan may not be complete as of the date that a particular Certificate of Occupancy is requested. Attached hereto as Exhibit "B" is an itemization of various critical elements of the Project infrastructure that remain incomplete as of the date of this letter. This Exhibit identifies which items of infrastructure are required for the issuance of Certificates of Occupancy for the parcels owned or intended to be acquired by the Consortium's members. The purpose of this Exhibit is to identify whether or not the completion and acceptance by the City of a particular line item of the Project infrastructure identified in the Exhibit is a condition to the issuance of Certificates of Occupancy for a particular parcel. Accordingly, the City agrees that it shall either issue or withhold Certificates of Occupancy on the basis of the status of completion/acceptance of the individual elements of infrastructure work set forth in this Exhibit. This does not negate the requirements that (i) the Plat of Ocoee Village Center must be recorded, and (ii) any PlbqK improvements required by the Subdivision Plan for any Consortium member's parcel that are not itemized on this Exhibit must be completed as a condition to the issuance of Certificates of Occupancy pertaining to that parcel. If you are in agreement with the terms of this letter, please execute this letter in the spaces provided below in order to acknowledge same. This will also signify your concurrence that a majority of the delegates of your Development Committee named in the first paragraph of this letter have the authority act for and bind the Consortium in the future. This letter may be executed and exchanged electronically and in counterparts, it being agreed that all such counterparts, when combined, shall be as effective as a single original document. MMISM• ! • 1� . 0 Name: Title: Cc: James Barnett, Esq. (iharnett i �olsine�llicom) Gary M. Kaleita, Esq. (gaLryk�aleita _ �Iown�des-lawcon-1) Noam Magence, Esq. (nrnaeneerrarou .coin) Scott Weir (,Scott.Weir & arlylecom) Qc _ Diane D. Karst, Esq. (ALiane.karst nelsomnullills.coll-1) AL_ 2 Error! Unknown document property name. AGREED TO AND ACCEPTED AS OF THE DATE(S) SET FORTH BELOW By: Name: David Coppa Title: CEO Date: November , 2022 KIMAYA OCOEE VILLAGE, LLC, a Delaware limited liability company By: KIMAYA OV DEVELOPMENT, LLC, a Delaware limited liability company, its Sole Member By: Ocoee Village Partners, LLC, a Florida limited liability company, its manager By: Ocoee Village GP, LLC, a Florida limited liability company, its manager OCOEE VILLAGE RESIDENTIAL LLC, a Delaware limited liability company By: Name: Noam Magence Title: Authorized Signatory Date: November 52022 By: Kimaya, LLC, a Delaware limited liability company, its manager By: Name: Vishaal Gupta Title: Manager Date: November , 2022 3 Error! Unknown document property name. (a) Case No. RZ-18-06-09, whereby on October 6, 2020, the Ocoee City Commission approved Ordinance No. 2019-011, rezoning the Property to PUD, under the Ocoee Land Development Code, as amended by Ordinance No. 2020-024 approved by the Ocoee City Commission on October 6, 2020 (collectively, the "Ocoee Village Center PUD"); and (b) Case No. CPA-2018-006, whereby on October 6, 2020, the Ocoee City Commission approved Ordinance No. 2019-010, amending the Ocoee Comprehensive Plan to change the Future Land Use Designation for the Property to "High Density Residential and Commercial" (the "Land Use Plan Amendment"); and (c) Project No. LS-2019-005, whereby on October 6, 2020, the Ocoee City Commission approved the Preliminary/Final Site Plan for the Townhomes at Ocoee Village Center (the "Townhome Site Plan Approval"); and (d) Project No. LS-2019.007, whereby on October 6, 2020, the Ocoee City Commission approved the Preliminary/Final Site Plan for the Allure Apartments at Ocoee Village Center (the "Apartment Site Plan Approval"); and (e) Project No. LS-2019-009, whereby on October 6, 2020, the Ocoee City Commission approved the Preliminary/Final Site Plan for the Southeast Commercial at Ocoee Village Center (the "Southeast Commercial Site Plan Approval"). 4 Error! Unknown document property name. Village Ccntc� COC Items 11 /I/2AO22 Rev- : 1/15/2022 I , 1 1! �111 I tl NEW EST BOUND LER R I "LANE TAPER TAPER - — -- — -- — -- — —� yr° �—�!!� � �� ', � ii- ra g— i '!i..._ 5 =�E_� 9 �A=MOMOMY F*wv&"l*rr(w, C LZ:T --, T E—NS 1 LANE M-91 �T�-UFTTURN =, a-- a- ---T -3'AR111 lll,a 20, 11,1, -PARCEL. SR -I,,, JOWNHOLJZO 964.786 SF OR 30.bDAC PARCEL PK-1 coc, 101,D7(C Oc coc Item 4 r It 7 T J,,� TL 3—STOR— �, TAPER 3g9.282 SF OR 7.56 STORM NC.3 "CIR'L' _.,IlllRCiAL) Al L—ED nCCEI ,/ \ SS DRIVEWAY ,v,5TORM WATER TRA_CT' WATER 4.48AC 1 5 054 SF OR TRACT coc TOR 56,720SF OR 1.30 AC Item ATE c0c coc coc 41,36 Item #io Item #9 ------ Item #11 r co 57ridge ct-- ------- TN I litem #1I 1�,E h P P z GRAPHIC SCALE Ni Remaining Construction Items Required for C.O.'s? NC-1 NC-2 NC-3 NC-4 NR- I SR-1 (DKC) (DKC) (DKC) (DKC) (OVR) (Kimaya 1. Fuller's Cross Roundabout Yes Yes Yes Yes No Yes 2. North Lakewood Avenue Yes Yes Yes Yes Yes, Yes Roadway subject to Note I 3. Td Avenue Roadway No No No Yes No Yes 4. Clarcona-Ocoee Rd Intersection Yes Yes Yes Yes Yes Yes 5. Banyan Cove Blvd (W of N No No Yes No No No Lakewood Ave) 6.1 Westbridge Court Connection Yes Yes Yes Yes No Yes to North Lakewood 6.2 Westbridge Court Completion No No Yes No No No 7. City Park Civil Infrastructure Yes Yes Yes Yes No Yes 8. City Park Architectural See Note See See See No See Infrastructure 2 Note 2 Note 2 Note 2 Note 2 9. Lift Station Assembly with Yes Yes Yes Yes Yes Yes FDEP Clearance 10. Pond 2 w/ Underdrain Yes Yes Yes Yes No Yes 11. Pond T5 w/ Underdrain No No No No No Yes 12. 5t" Avenue Power Pole No No No No No Yes Relocation Note 1: As to Parcel NR-1, this Construction Item must be completed only as to that portion of North Lakewood Avenue located North of Clarcona-Ocoee Road. Note 2: Notwithstanding that the Civil Infrastructure for the City Park must be completed in order for the City to accept the right -of way and related roadway improvements for North Lakewood Avenue, the City agrees that, for a period of one (1) year following the acceptance by the City of North Lakewood Avenue, no Certificates of Occupancy shall be withheld on the basis that the Architectural Infrastructure for the Park, has not been completed; however, after that period Certificates of Occupancy for all parcels except NR- I may be withheld until the Park's Architectural Infrastructure is completed and accepted by the City. Error! Unknown document property name.