Loading...
Item III (F) Approval and Authorization for Mayor and City Clerk to Execute Developer's Agreement for Water Service with Opus South Corporation AGENDA 6-7-94 Item III F "61/47,, CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" Ocoee S.SCOTT VANUEKGKIHT 1-14,4 CITY OF OCOEE RU N G Oa 150 N.LAKESHORE DRIVE PAUL W.FOSTER OCOEE FLORIDA 34761-2258 VERN COMBS �`�► `��\ yv (407)656-2322 JIM GLEASON yrE'P p p CITY cr MANAGERf Gp0 ELLIS SHAPIRO MEMORANDUM DATE: June 1, 1994 TO: The Honorable Mayor and Board of City Commissioners FROM: Montye E. Beamer, Directorlin Administrative Services SUBJECT: DEVELOPER'S AGREEMENT FOR WATER SERVICE OPUS SOUTH CORPORATION In January, 1993, a default of pre-sold water capacity put 120,000 gallons into an uncommitted yet advertised category. OPUS South Corporation through the attached agreement is purchasing 18,939 gallons for Plantation Grove Parcel F Phase 1 excluding Outparcel A. Closing on this property has occurred; and all documents are being finalized. Staff recommends approval provided the agreement has been fully executed by the developer and payment in full has been received. The City Attorney has approved the use of this document. Action Requested The Mayor and Board of City Commissions (1) approve the Developer's Agreement for Water Service with OPUS South Corporation and (2) authorize the Mayor and City Clerk to execute when all attachments have been provided. MEB/jbw WP6O\DOCS\OPus.wAT\O I JuN94\1 dk- Carie d THIS INSTRUMENT PREPARED BY: R. Duke Woodson, Esq. FOLEY & LARDNER 111 North Orange Avenue Suite 1800 Orlando, Florida 32801 AFTER RECORDING RETURN TO: Jean Grafton, City Clerk CITY OF OCOEE 150 North Lakeshore Drive For Recording Purposes Only Ocoee, Florida 34761 PROJECT NAME: Plantation Grove Shopping Center DEVELOPER'S AGREEMENT FOR WATER SERVICE THIS DEVELOPER'S AGREEMENT FOR WATER SERVICE (this "Agreement") is made this day of , 1994, by and between the CITY OF OCOEE, a Florida municipal corporation, (hereinafter referred to as the "Utility"), whose mailing address is 150 North Lakeshore Drive, Ocoee, Florida 34761, and OPUS SOUTH CORPORATION, a Florida corporation (hereinafter referred to as the "Developer") whose mailing address is 4200 W. Cypress Street, Suite 444, Tampa, Florida 33607. RECITALS 1. The Developer owns (or will own at the time of recording of this Agreement) fee simple title to certain property located in Orange County, Florida, said property being more particularly described in Exhibit "A" attached hereto and by this reference made a part hereof (the "Property"). 2. The Developer has constructed or will construct certain improvements in the Property which require or will require substantial Water Service Capacity. Said improvements shall hereafter be referred to in the aggregate as the "Improvements." 3. Water Service Capacity for the Improvements shall be provided by the Utility in the manner described below and subject to the terms and conditions of this Agreement. 4. The Utility is willing to provide Water Service Capacity to the Developer in accordance with and subject to the terms and conditions of this Agreement and applicable rules, regulations, laws and requirements. 5. The Developer requires and relies on Water Service Capacity and other public services from the Utility in order to develop the Property. 6. The Utility and the Developer hereby acknowledge and warrant to each other that this Agreement and any future acts as required hereby are binding and enforceable on the Utility and the Developer in accordance with their terms. ACCORDINGLY, in consideration of the Recitals hereof, for and in consideration of the mutual undertakings and agreements herein contained and assumed, and other good and valuable considerations received by each party from the other, the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as follows: SECTION 1. RECITALS. The above recitals are true and correct, and form a material part of this Agreement. SECTION 2. DEFINITIONS. The parties agree that in construing this Agreement, the definitions in Chapter 173 of the Code of Ordinances of the City of Ocoee shall apply and the following words, phrases, and terms shall have the following meanings unless the context requires otherwise: 2.1 "Agreement" means this Developer's Agreement, as it may be amended from time to time. 2.2 "Customer Installation" means all Water Facilities on the customer's side of the Point of Distribution. 2.3 "Developer" means Opus South Corporation, a Florida corporation, its successors and assigns. 2.3 "Off-Site Facilities" means the Distribution Facilities used to provide Water Service to the Property, but not located on the Property. 2.4 "On-Site Facilities" means that portion of the Distribution Facilities used to provide Water Service to the Property and located within the Property. 2.5 "Point of Distribution" means the point where the Distribution Facilities are connected to the Primary Water Main. 2.6 "Treatment Facilities" means those Water Facilities used for the treatment of Water in accordance with applicable governmental rules and regulations. 2.7 "Utility" means the CITY OF OCOEE, a Florida municipal corporation, its successors and assigns. 2 2.8 "Utility's System" means all Water Facilities and interests in real or personal property owned, operated, managed or controlled by the Utility now and in the future and used to provide Water Service to existing and future customers. SECTION 3. DESIGN CONSTRUCTION AND OPERATION OF ON-SITE FACILITIES. The Developer agrees as a condition precedent to its receipt of Water Service Capacity to do the following: 3.1 Design of On-Site Facilities. The Developer shall, at its expense, cause its own Florida registered professional engineer to design and produce and submit in writing to the Utility for its review, and approval or rejection prior to construction, graphic plans and specifications for the construction of the On-Site Facilities to be located on the Property (the "Plans and Specifications"). The Plans and Specifications may be limited to the first Phase only, and Plans and Specifications for subsequent Phases during the approval process may be furnished from time to time. The Developer may modify the Plans and Specifications at any time with the consent of the Utility, which consent shall not unreasonably be withheld, provided such modification does not unduly interfere with existing facilities or commitments and is otherwise consistent with the ordinances and resolutions of the City Commission of the City of Ocoee and the Utility's Tariff. In the event the Developer requests a modification to the Plans and Specifications which would result in an increase in the Water Service Capacity needed for the development, the Utility may allow the modification, deny the modification, or require the Developer to enter into a new Developer's Agreement containing such terms and conditions as the Utility may require. In the event the Developer is required to enter into a new Developer's Agreement under this paragraph such new Agreement with regard to any prior held Water Service Capacity shall be identical to this Agreement in all respects with regard to the prior held Water Service Capacity. Any new Water Service Capacity shall be governed by then existing and applicable rates and regulations of the Utility. 3.2 Approval of Plans and Specifications for On-Site Facilities. The Utility shall review, and reject or approve, the Plans and Specifications submitted pursuant to Subsection 3.1 hereof. The engineers of a Developer submitting the Plans and Specifications shall, at the Developer's expense, make corrections or modifications to any portion of the Plans and Specifications which are unacceptable to the Utility, and shall resubmit the corrected or modified Plans and Specifications to the Utility for further review until the Utility shall have approved the Plans and Specifications. The Utility's determination that the Plans and Specifications are unacceptable shall not be made arbitrarily or capriciously. The Plans and Specifications shall be automatically voided if construction of the On-Site Facilities pursuant thereto has not commenced within one (1) year from the date of approval by the Utility; provided that the Utility may grant a one (1) year time extension upon written request of the Developer to the Utility, in the event that the Plans and Specifications still comply with then current regulations. In the event the Developer commences construction of the On-Site Facilities, but does not in good faith and diligently proceed to complete such construction, the Utility may, at its sole option, require revisions to the Plans and Specifications in order to comply with the then current regulations. 3 3.3 Permitting. The Developer shall, at its expense, obtain all necessary state and local permits or approvals required for the construction of the On-Site Facilities to be constructed upon the Property pursuant to this Agreement. The Developer shall send written copies of all permit applications filed with state or local governmental entities to the Utility, and shall also provide the Utility with copies of all written permits, approvals, requests for additional information, or denials received by the Developer in connection with such permit applications. 3.4 Construction of On-Site Facilities. After the Utility approves the Plans and Specifications for any phase or portion of the On-Site Facilities, the Developer shall, at its own expense, construct and install that phase or portion of the On-Site Facilities as the same are depicted in the Utility-approved Plans and Specifications therefor. The Developer warrants that the On-Site Facilities to be constructed by it pursuant to this Agreement shall be constructed in accordance with the Utility-approved Plans and Specifications, and also in accordance with all other applicable federal, state and local laws, regulations, rules and ordinances. The Developer shall provide the Utility thirty (30) days notice prior to initiation of construction of each phase or portion of the On-Site Facilities. All construction of the On-Site Facilities to be constructed or installed by the Developer shall be done by contractors approved in advance by the Utility as competent to perform such work. The Utility's approval of such contractors shall not be unreasonably withheld. 3.5 Inspection. Testing and Approval of Construction. During the construction of the On-Site Facilities by the Developer, the Utility shall have the continuing right to inspect such installations to determine compliance with the Utility-approved Plans and Specifications for said facilities. The Utility shall control the quality of the installation, and further, shall be entitled to perform standard tests for pressure, infiltration, exfiltration, line and grade, and all other normal engineering tests to determine that the system has been installed in accordance with the Plans and Specifications and good engineering practices. The Developer agrees to pay to the Utility, or the Utility's authorized agent, a reasonable sum to cover the cost of inspection by the Utility of installations made by the Developer or its contractor, which charge shall be as provided in Subsection 6.3 hereof. 3.6 Acceptance and Conveyance of Dedication of On-Site Facilities and Easements. (1) After completion of construction and prior to acceptance or approval of the On-Site Facilities by the Utility, the Developer shall furnish to the Utility one set of Mylar "as-built" drawings showing specifications, locations, depth and other appropriate details of all Water Facilities as located by a licensed surveyor along with three prints of the "as- built" drawings which have been sealed by the surveyor and certified by the engineer of record. In addition, the Developer will provide the Utility with three sets of all appropriate manuals for operation of any pumping stations and other mechanical and electrical equipment installed by the Developer, as applicable. In addition, the Developer will provide the Utility with a schedule, certified by the Developer, of actual costs of the On-Site Facilities being transferred. 4 (2) Upon completion of construction of the On-Site Facilities, the Developer shall provide the Utility with a title opinion of an attorney licensed to practice law in the State of Florida showing that the lands to be encumbered by all easements to be conveyed or dedicated by the Developer to the Utility pursuant to this Agreement with respect to that phase or portion of the On-Site Facilities to be accepted by the Utility for ownership, operation and maintenance are, in fact, owned of record by the Developer in fee simple, free and clear of all liens (including mechanics' liens) and encumbrances, other than those acceptable and approved by the Utility. Alternatively, in lieu of a title opinion, the Developer may provide the Utility with a current title insurance policy or a certification to the Utility by an abstractor or title company containing the same information. Such opinion of counsel or alternative title information, when rendered, may reflect that the lands involved are encumbered by a development mortgage or mortgages, if such mortgage or mortgages are subordinated to the easements described in this Agreement or if the lands underlying subject easements are released from such mortgage or mortgages. (3) After the Developer has satisfied the requirements of Subsections (1) and (2) the Utility shall accept the On-Site Facilities from the Developer. (4) After acceptance of any phase or portion of any On-Site Facilities for ownership, operation and maintenance by the Utility, the Developer shall, at no cost or expense to the Utility, with respect to such phase or portion constructed or otherwise provided by the Developer, (a) convey, grant or dedicate to the Utility free and clear of all liens and encumbrances, such easements as are reasonably necessary for the Utility to own, operate, maintain, repair, expand, and replace the On-Site Facilities constructed thereon and (b) transfer and convey to the extent that the same are transferable all governmental approvals and permits that will enable the Utility to operate the applicable phase or portion of those On-Site Facilities and provide Water Service to the Improvements, and notify all governmental agencies of such transfer and conveyance as may be required by law. The Utility shall review and approve all documents submitted by the Developer pursuant to this Subsection. 3.7 Bonding Requirements. After inspection, conveyance and acceptance of the On-Site Facilities, the Utility agrees to maintain each phase of such On-Site Facilities that is completed by the Developer, except for Customer Installations which are not the responsibility of the Utility as provided in this Agreement. The Developer shall and does hereby indemnify and hold the Utility harmless from any repairs or replacements required to be made to said On- Site Facilities conveyed by the Developer to the Utility which occur within two years from the date of conveyance of said On-Site Facilities to the Utility. Simultaneously with the conveyance of the On-Site Facilities described above from the Developer to the Utility, the Developer making said conveyance shall deliver to the Utility an executed contract bond or letter of credit in the amount of ten percent (10%) of the actual costs of construction of said On-Site Facilities. If a letter of credit is used it shall be in form reasonably acceptable to Utility. The contract bond shall have as the surety thereon, such surety company as is authorized to write bonds of such character and amount in accordance with the laws of the State of Florida. The attorney-in- fact, or other officer who signs such contract bond for surety company shall file with such bond 5 a certified copy of his power of attorney authorizing him to do so. The contract bond may be written either with the Developer's contractor as "principal" and the Developer and the Utility as "co-obligees" or, in the alternative, with the Developer as principal and the Utility as "obligee." The contract bond or letter of credit shall remain in force for two (2) years following the date of conveyance to the Utility against losses resulting from any and all defects in materials or improper performance or construction. Upon demand by the Utility, the Developer shall correct or cause to be corrected within thirty (30) days all such defects which are discovered within said warranty period or periods as set forth above. If the defects are not corrected within thirty (30) days or if the Developer is not proceeding in good faith to correct the defects, the Utility may give the Developer notice that the Utility intends to correct such defects and the Developer and its surety shall be liable to the Utility for its costs arising therefrom or the Utility may draw on the letter of credit to cover its costs arising from said repairs and correction of defects. 3.8 Characterization and Surrender of On-Site Facilities. Upon conveyance to the Utility of any On-Site Facilities as aforesaid, the conveyed facilities shall become part of the Utility's System (as appropriate), and the Developer shall surrender control of said On-Site Facilities and execute and deliver to the Utility any documents or instruments necessary for that purpose. If the Developer shall fail or refuse to do so, then the Utility shall be entitled to specifically enforce the provisions of this Subsection 3.8 against the Developer. 3.9 Effect of Reviews. Inspections. Approvals, and Acceptances. The reviews, inspections, approvals, acceptances and conveyances to the Utility of any plans and specifications or construction shall not constitute a waiver of any claims arising from (1) faulty or defective design, (2) faulty or defective construction, (3) unsettled liens and encumbrances, and (4) tort claims. 3.10 Operation and Maintenance of Facilities. Subject to the Developer's compliance with Sections 3 and 5 hereof, the Utility shall accept conveyance and assume responsibility for the operation and maintenance of those On-Site Facilities for which the Utility has approved the design, construction, and documents specified in Subsection 3.6, excluding the Customer Installations. Upon acceptance of ownership and assumption of the responsibility for the operation and maintenance of any such On-Site Facilities by the Utility as contemplated in this Agreement, all customers of those On-Site Facilities shall be deemed customers of the Utility's System, and the Utility shall set and collect all water rates, fees, charges and deposits for those On-Site Facilities, without exception, in accordance with its Tariff and the provisions of this Agreement. In addition to other applicable requirements, all property owners and customers must provide, at their expense, necessary individual service lines as a condition precedent to receiving Water Service Capacity from the Utility. SECTION 4. CONSTRUCTION OF OFF-SITE FACILITIES. 4.1 General. Where applicable, and as required by Utility-approved Plans and Specifications, the Developer shall construct and install at its sole expense any Off-Site 6 Facilities required to extend Water Service Capacity to the Property, in accordance with the Master Plan. The Developer is required to construct and install Distribution Facilities necessary to transport water from the Primary Water Main to the Property. The construction and conveyance of all such Off-Site Facilities shall be governed by all the terms and provisions of Section 3 hereof. 4.2 Refundable Advance. The Developer shall always be responsible for construction, at its sole expense, of any Off-Site Facilities required to extend Water Service Capacity to the Property. The Developer may also be required to size the Off-Site Facilities in accordance with the City Water System Master Plan so as to serve other property owners. In this circumstance, all amounts expended by the Developer over and above the Developer's proportionate share of the Off-Site Facilities necessary to serve the Property shall be refunded to the Developer in accordance with the terms and conditions of a Refund Agreement which the Utility will jointly execute with the Developer. The Refund Agreement shall provide for a plan of refund based upon the connection of other properties to the Off-Site Facilities constructed by the Developer based upon the proportionate share of the other properties. The Refund Agreement shall have a term of not more than seven (7) years from the date of completion of construction, unless otherwise specified, after which time any portion of the refund not made to the Developer by other property owners under the conditions of the Refund Agreement will have lapsed, and the Developer thereafter will no longer be entitled to any refund. SECTION 5. EASEMENTS. 5.1 Grant of Easements. The Developer shall execute specific easements to be recorded in the Official Records of Orange County consistent with the provisions of Sections 3.6(2) and 3.6(4). 5.2 Rights of Ingress and Egress. The foregoing grants include the necessary right of ingress and egress to any part of the Property upon which the Utility is constructing, operating or maintaining On-Site and/or Off-Site Facilities. The foregoing grants shall be for such period of time as and to the fullest extent that the Utility requires such right, privilege or easement in the construction, ownership, maintenance, operation, repair or expansion of said On-Site and/or Off-Site Facilities. 5.3 Private Property Installations. In the event mains, lines or facilities are to be installed in lands within or outside the Property which are to be owned and maintained by the Utility in areas outside of streets and public ways, then the Developer shall grant to the Utility, without cost to the Utility, the necessary easement or easements for such private property installation by express grant; provided, all such private property installations shall be made in such manner as not to interfere with then primary use of such private property. Any such grant of an easement shall be in full compliance with the title requirements set forth in Section 3.6(2) hereof. 7 5.4 Errors in Line Locations. The Utility and the Developer will use due diligence in ascertaining all easement locations; however, should the Utility or the Developer install any On-Site Facilities outside a dedicated easement area, or private easement area conveyed by express grant, the Utility will not be required to move or relocate any such On-Site Facilities lying outside a dedicated easement area so long as the On-Site Facilities do not interfere with then or proposed use of the area in which the On-Site Facilities have been installed, and so long as the Utility obtains a private easement for such line location, which the Developer will give if same is within its reasonable power to do so. Should the Utility be obligated to relocate any such On-Site Facility installed by a Developer, then that Developer shall reimburse to the Utility the costs reasonably incurred by the Utility in connection with such relocation. The Utility shall be responsible for and pay the expense of the relocation of any such On-Site Facility installed by the Utility. 5.5 Utilization of Easement Grants. The Utility agrees that all easement grants will be utilized in accordance with the established and generally accepted practices of the water industry with respect to the installation of all such On-Site Facilities in any of the easement areas to service the Property and the property of others; and that the Developer in granting any easement herein, or pursuant to the terms of this instrument, shall have the right to grant exclusive or non-exclusive rights, privileges and easements to other persons, firms or corporations to provide to the Property any utility services other than water service. 5.6 Prohibition Against Obstructions. The Utility shall have the right to clear and keep clear from all easements granted pursuant to this Section 5 all trees, plants and shrubs, undergrowth, and other obstructions that may interfere with normal operation or maintenance of any On-Site Facilities placed thereon, and the grantor, its successors and assigns of any easement granted pursuant to this Section 5 agrees not to plant or allow to be planted trees, plants or shrubs, build, construct or create any buildings or any other structures upon said easements that may interfere with the normal operation or maintenance of said On-Site Facilities. 5.7 Acceptance of Reclaimed Water. Within ninety (90) days of receipt of written request from the City, the Developer agrees to execute in favor of the City an easement for the flow, distribution, delivery and spraying of reclaimed water over, under, upon and through all rights-of-way, common areas and subdivision lots within the Land. Such easement shall be in form prepared by the City; provided, however, that such easement shall only include provisions typically required by the City in similar easement agreements. The use by the City of any portion of the Property for such purposes shall be in accordance with all applicable laws, statutes, ordinances, rules and regulations. SECTION 6. RATES. FEES. AND CHARGES. As a condition to the provision of Water Service Capacity, the Developer agrees to pay certain rates, fees and charges as hereinafter set forth: 6.1 General. User rates and other charges to the Developer and individual customers of Water Service Capacity shall be those set forth from time to time in the Tariff 8 established by the Utility. However, subject to the terms and provisions of this Agreement, the Utility may establish, amend, revise, and enforce, from time to time in the future, its Tariff (including capacity or connection charges and Guaranteed Revenue and Maintenance Fees) provided that such rates, fees, charges, and deposits are uniformly applied to customers in its service area, are non-discriminatory as applied to the same classification of service throughout its service area; except that a surcharge may be imposed by the Utility with respect to lands outside the corporate limits of the City of Ocoee. The Utility may establish, amend or revise, from time to time in the future, and enforce rules and regulations covering Water Service Capacity to the Property. Such rules and regulations so established by the Utility shall at all times be reasonable and subject to such regulation as may be applicable. Any initial or future lower or increased rates, rate schedules, capacity charges or other fees and charges, and rules and regulations established, amended or revised and enforced by the Utility from time to time in the future, shall be binding upon the Developer, upon any person or other entity holding by, through or under the Developer, and upon any user or customer of the Water Service Capacity provided to the Property. 6.2 Inspection and Review Fees. Pursuant to the provisions of Section 3 and Section 4 of this Agreement, the Developer shall pay to the Utility certain Plans and Specifications review fees and construction inspection fees as follows: (1) Fees payable to the Utility for review by the Utility and its engineers of the Developer's engineering Plans and Specifications for the Developer's on-site and off-site work shall be in an amount equal to then prevailing amount set by the Utility from time to time. Said fees shall be payable within ten (10) days after receipt of an invoice from the Utility by the Developer; provided, however, that said fee shall not exceed the reasonable costs incurred by the Utility in performing the review. (2) Fees for the review and inspection by the Utility or its engineers of the Developer's construction of its On-Site and Off-Site Facilities as provided for in this Agreement, shall be in an amount equal to then prevailing amount set by the Utility from time to time; provided, however, said fee shall not exceed the reasonable costs incurred by the Utility in performing the inspection and shall not exceed two percent (2%) of the cost of construction. The fees shall be paid by the Developer to the Utility upon the completion and approval by the Utility of such construction and upon receipt of an invoice from the Utility and prior to the conveyance thereof to the Utility. 6.3 Payment of Customer Deposits. The Utility may develop a uniform customer and developer deposit policy. Upon applying for service, each customer shall pay to the Utility the appropriate customer deposit which shall be held and administered in accordance with the provisions of the policy of the Utility. The customer will pay any such customer deposit to the Utility in a manner set by the Utility. Said funds shall become the unrestricted property of the Utility and shall be available for use by the Utility with no limitations, restriction, obligation or encumbrance whatsoever, except to the extent that applicable laws restrict the Utility in use or disposition of said funds. 9 SECTION 7. ALLOCATION An D _PAYMENY'. Contemporaneous with its execution of this Agreement, the Developer has delivered to the Utility the sum of SIXTY THOUSAND NINE HUNDRED EIGHTY-THREE AND 58/100 DOLLARS ($60,983.58) representing payment of the applicable water capital charge for the reservation of EIGHTEEN THOUSAND NINE HUNDRED THIRTY-NINE (18,939) gallons per day of water service capacity. In consideration of the payment of said water capital charges and subject to the terms and conditions of this Agreement, the Utility hereby allocates to the Property for use by the Developer a total of EIGHTEEN THOUSAND NINE HUNDRED THIRTY-NINE (18,939) gallons per day of water service capacity. SECTION 8. ALLOCATION AND PROVISION OF WATER SERVICE CAPACITY. 8.1 Allocation. Subject to the Developer's compliance with the terms and conditions of this Agreement, the Utility hereby agrees to allocate Water Service Capacity for . the use by the Developer with its improvements on the Property. The allocation for the Developer shall be equal to the Water Service Capacity for which cash payment has been made by the Developer. On a date five years after the date of the cash payment for capacity any such allocated Water Service Capacity for which a building permit has not been issued (or if issued, expired) shall be surrendered by the Developer to the Utility, and, in such event, the Utility shall not be obligated to refund Water Capital Charges, Revenue and Maintenance Fees, or other contributions, rates, fees, charges, or other amounts paid by the Developer. 8.2 Transfer of Water Service Capacity. The Developer may transfer Water Service Capacity reserved pursuant to this Agreement to purchasers of all or any portion of the Property, and upon application therefor the Utility will approve the transfer provided that the Utility may require that (i) the transferee first executes a separate Developer's Agreement for Water Service, (ii) Developer provides the Utility an assignment of ERU or ERUs to a transferee of the Developer, or (iii) the Developer or the transferee executes such other documents as may be required by the Utility. Notwithstanding anything herein to the contrary, the Developer may transfer Water Service Capacity provided that (1) no transfer of capacity may be made for consideration greater than the Developer's initial Water Capital Charge unless the Developer has paid cash for the Capacity, in which case the transfer may be made for consideration equal to then prevailing rate established by the Utility for the Water Capital Charge; (2) the Transferee must execute a Developer's Agreement for Water Service; and (3) the Utility has the right of first refusal of said Capacity. 8.3 Sale of Capacity Back to Utility. If the Developer is unable to use all or a portion of the Water Service Capacity the Developer may, prior to the termination of the right to use said Capacity, request in writing to sell such Capacity back to the Utility. The Utility may buy such Capacity back from the Developer at the rate originally paid by the Developer for said Capacity, without interest. If the Developer does not use, transfer, or sell said Capacity in accordance with the above provisions and the right to use said Capacity terminates and the Capacity is returned to the Utility, the Developer may reapply for Capacity 10 and will receive a credit for any Water Capacity Charge previously paid against the cost of any new Capacity. 8.4 Provision of Water Service. (1) Upon the completed conveyance of On-Site Facilities to the Utility, the payment of applicable rates, fees, and charges, and the physical connection of a given Customer Installation to the Utility's System, the Utility agrees to continuously provide Water Service to said Customer Installation in accordance with the terms and conditions of this Agreement, its Tariff and applicable requirements of the FDEP. Notwithstanding the above, the Utility does not guarantee or warrant any special service, pressure, quality or other facility other than what is required to fulfill a duty of reasonable care to the customers to whom it provides such Water Service. (2) Utility shall use its best good faith effort to provide Water Service to the Developer upon demand consistent with the provisions of this Agreement, provided that the Utility is obligated to provide Water Service only pursuant to allocated Water Service Capacity for which cash payment has been made. The Utility makes no guarantee for Water Service pursuant to an allocation of Water Service Capacity for which a Letter of Credit or proposed plan of payment has been provided until cash payment is made for such Capacity. SECTION 9. CUSTOMER INSTALLATION. 9.1 Notice of Initial Connection to Utility's System. The Developer shall give the Utility notice that the Developer is connecting the On-Site Facilities to the Utility's System not less than one business day prior to said connection so that the Utility may inspect said connection; provided, however, that if the date of inspection occurs on a Saturday, Sunday, or legal holiday, the Utility may postpone its inspection until the next occurring day which is not a Saturday, Sunday, or legal holiday. If a Developer fails to give said notice, the Utility may require the Developer to uncover and expose said connection for inspection, at the sole cost of the Developer. 9.2 Connection of Individual Customer Installation. Although the responsibility for connecting the Customer Installations to the Utility System is that of the Developer or entities other than the Utility, with reference to such connections, the parties agree as follows: (1) Only PVC or such other materials as the Utility shall reasonably approve in writing shall be used for said connections. (2) Except as otherwise provided in Subsection 9.2(4) below, all Customer Installation connections must be inspected by the Utility before backfilling and covering of any pipes. 11 (3) Notice to the Utility requesting an inspection of a Customer Installation connection may be given by the Developer or the transferee of the Developer who owns the Property, or any portion thereof, and the Utility will make a good faith effort to inspect said Customer Installation within twenty-four (24) hours of said notice, or on the next occurring day which is not a Saturday, Sunday or legal holiday. (4) If the Utility fails to inspect the Customer Installation connection within forty-eight (48) hours after such inspection is due to occur as provided hereinabove, the Developer or the transferee of the Developer who acquired title ownership of the Property, or any portion thereof, may backfill or cover the pipes without the Utility's approval; provided, however, the Developer or the transferee of the Developer shall remain liable for any claims arising from (a) faulty or defective design, (b) faulty or defective construction, and (c) tort claims associated with said pipes and backfilling. (5) If the Developer or the transferee of the Developer does not comply with the foregoing inspection provisions, the Utility may refuse service to a connection that has not been inspected until the Developer and/or the transferee of the Developer complies with these provisions. (6) The cost of constructing, operating, repairing or maintaining the Customer Installations shall be that of the Developer or entities other than the Utility. 9.3 Application for Service. Unless previously connected prior to the date of execution of this Agreement, the Developer or the occupant of the Property, shall make written application to the Utility for the opening of an account for service. Said application is to be made only after the payment of all fees and charges as required in Section 6 hereof. At the time of making said application for service, the applicant shall pay all service charges as set forth in the Tariff of the Utility except as modified or otherwise described herein. SECTION 10. ASSURANCE OF TITLE TO PROPERTY. Prior to the execution of this Agreement by the Utility, the Developer shall, at the expense of the Developer, deliver to the Utility an opinion of title from an attorney licensed to practice law in the State of Florida with respect to the Property, which opinion of title shall include a current report on the status of the title, setting out the name of the legal title holders, the outstanding mortgages, taxes, liens, tenancies or parties in possession and other covenants affecting the Property. Alternatively, in lieu of a title opinion, the Developer may provide the Utility with a current title insurance policy or a certification to the Utility by an abstractor or title company containing the same information. The provisions of this Section are for the purpose of evidencing the Developer's legal right to grant the exclusive rights of service and lien rights contained in this Agreement. The requirements of this Section may be waived by the Utility if it has previously received an opinion of title or other title evidence acceptable to the Utility and the Utility is provided with satisfactory information that there has been no change in the status of title. If said title evidence reveals that the Property is encumbered by a mortgage or other lien, then the Developer shall be required to (i) cause such lien or mortgage to be released, or (ii) obtain a 12 joinder, consent and subordination from such lien or mortgage holder in a form satisfactory to the Utility. If said title evidence reveals that this Agreement has not been fully or properly executed by the Developer (or that the title holder to the Property is an entity or person other than the Developer), then this Agreement shall be re-executed by the Developer in order to cure any such deficiency. SECTION 11. INCORPORATION OF LAWS. RULES AND POLICIES. This Agreement shall be read in conjunction with and be subject to all existing and future federal, state and local laws, rules and policies applicable to water utilities in any manner or form, and all existing and future Utility rules, policies, and Tariff provisions. SECTION 12. DISCLAIMERS: LIMITATIONS ON LIABILITY. 12.1 Status. The Developer and the Utility deem each other to be independent contractors, and not agents of the other. 12.2 Indemnity. The Developer shall and does hereby indemnify the Utility, its elected officials, agents and employees, from and against any and all claims, liabilities, demands, damages, expenses, fees, fines, penalties, suits, proceedings, actions and fees, including attorneys' fees, for injury (including death) to persons or damage to property or property rights that may arise from or be related to acts, errors, or omissions of the Developer, its agents, employees, servants, licensees, invitees, or contractors or by any person under the control or direction of the Developer, or by the Developer's use of the Utility's system, and the Developer shall and does hereby indemnify the Utility as aforesaid from all liability, claims and all other items above mentioned, arising or growing out of or connected with any default, breach, violation or nonperformance by the Developer of any covenant, condition, agreement or provision contained in this Agreement concerning all or any part of the Utility's system. Any indemnification provided in this paragraph shall arise solely from the obligations and actions specified in this particular Agreement. 12.3 Force Majeure. The Utility and the Developer shall not be liable or responsible to each other by reason of the failure or inability of the Utility or the Developer to take any action they are required to take or to comply with the requirements imposed hereby, or any injury to the Utility or the Developer or by those claiming by or through the Utility or the Developer, which failure, inability or injury is caused directly or indirectly by force majeure as hereinafter set forth. The term "force majeure" as employed herein shall mean Acts of God, strikes, lock-outs, or other industrial disturbance; acts of public enemies, war, blockages, riots, acts of armed forces, militia, or public authority; epidemics; break down of or damage to machinery, pumps, or pipelines; landslides, earthquakes, fires, storms, floods, or washouts; arrests, title disputes, or other litigation; governmental restraints of any nature, whether federal, state, county, municipal or otherwise, civil or military; civil disturbances; explosions; failure or inability to obtain necessary materials, supplies, labor or permits or governmental approvals, whether resulting from or pursuant to existing or future rules, regulations, orders, laws or proclamations, whether federal, state, county, municipal or otherwise, civil or military; or by 13 any other causes, whether or not of the same kind as enumerated herein, not within the sole control of the Utility or the Developer, as the case may be, and which by exercise of due diligence the Utility or the Developer is unable to overcome. 12.4 Disclaimer of Third Party Beneficiaries. This Agreement is solely for the benefit of and shall be binding upon the formal parties hereto and their respective authorized successors and assigns, and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a party to this Agreement or an authorized successor or assignee thereof. 12.5 Disclaimer of Security. Notwithstanding any other provisions of this Agreement, the Developer expressly acknowledges (1) that it has no pledge of or lien upon any real property (including, specifically, the Utility's system), any personal property, or any existing or future revenue source of the Utility (including, specifically, any revenues or rates, fees or charges collected by the Utility in connection with the Utility's System) as security for any amounts of money payable by the Utility under this Agreement; and (2) that its rights to any payments or credits under this Agreement are subordinate to the rights of all holders of any stocks, bonds, or notes of the Utility, whether currently outstanding or hereafter issued. SECTION 13. TERMINATION AND OTHER REMEDIES. The Utility shall have the right, for any length of time, to refuse to provide or to terminate Water Service Capacity to the Developer or any structure on the Property in the event that the Developer fails to comply with any of the terms and conditions of this Agreement concerning all or any part of the Utility's System, Utility rules or policies, or any other general or special law or revisions thereof at any time (as may be determined by the Utility) or to terminate the Developer's rights under this Agreement for such violations. Nothing contained in this Agreement shall be construed to prohibit the Utility from exercising or utilizing any other appropriate remedies for the enforcement of the terms and conditions of this Agreement by whatever means are provided by law or equity, including but not limited to the right of specific performance. The exercise of the Utility's termination or refusal rights under this Section 13 hereof shall not be made arbitrarily or capriciously and shall be subject to the Utility's rules and regulations and to the notice and default provisions of Section 15 hereof. SECTION 14. NOTICE: PROPER FORM. Any notices required or allowed to be delivered shall be in writing and be deemed to be delivered when (1) hand delivered to the official hereinafter designated, or (2) upon receipt of such notice when deposited in the United States mail, postage prepaid, certified mail, return receipt requested, addressed to the party at the address set forth opposite the party's name below, or at such other address as the party shall have specified by written notice to the other party delivered in accordance herewith. 14 Developer: Opus South Corporation 4200 W. Cypress Street, Suite 444 Tampa, FL 33607 Attn: Barry Greenfield, Vice President Utility: City of Ocoee City Manager 150 North Lakeshore Drive Ocoee, FL 34761 SECTION 15. NOTICES: DEFAULT. Each of the parties hereto shall give the other party written notice of any default hereunder and shall allow the defaulting party thirty (30) days from the date of its receipt of such notice within which to cure any such defaults or to commence and thereafter diligently pursue to completion good faith efforts to effect such cure and to thereafter notify the other parties of the actual cure of any such defaults. SECTION 16. ASSIGNMENTS. 16.1 Assignments by the Developer. Except as expressly provided herein, the Developer agrees not to assign or transfer any or all portions of this Agreement. The allocation of Water Service Capacity granted to each Developer may be assigned, transferred, leased, encumbered or disposed of consistent with the terms of this Agreement if and only if the assignee pays all of the Utility's reasonable legal and administrative costs incurred in connection with such Assignment, and assumes all of the duties and obligations of the assignor under this Agreement. 16.2 Assignments by the Utility. The Utility shall have the right to assign or transfer this Agreement, or the rights and responsibilities contained herein, to any properly authorized commission, authority, corporation, or other public or private person, firm, or entity without consent of the Developer. 16.3 Notice of Transfer of the Property. In the event the Developer transfers Water Service Capacity in accordance with the provisions of this Agreement, the Developer agrees to promptly provide proper written notice to the Utility of the actual date of the legal transfer of Water Service capacity from the Developer to any other party. The Developer making such transfer shall remain responsible for all costs and expenses, including utility bills, which arise in the event that Developer fails to properly and promptly notify Utility. 16.4 Binding Agreement on Successors. This Agreement shall be binding upon and shall inure to the benefit of the Developer, the Utility, and their respective successors and assigns. 15 SECTION 17. RECORDATION. The parties hereto agree that this Agreement shall be recorded in the Public Records of Orange County, Florida, at the expense of the Developer. SECTION 18. 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 19. SURVIVAL OF COVENANTS. The rights, privileges, obligations and covenants of the Developer and the Utility shall survive the completion of the work of the Developer with respect to any phase and to the Property as a whole. SECTION 20. SEVERABILITY. If any part of this Agreement is found invalid or unenforceable by any court, such invalidity or unenforceability shall not affect the other part of this Agreement if the rights and obligations of the parties contained therein are not materially prejudiced and if the intentions of the parties can continue to be effected. SECTION 21. RECOVERY OF COSTS AND FEES. In connection with any litigation between the Utility and the Developer, including appellate proceedings arising out of this Agreement or the violation of any law, rule, regulation, ordinance, resolution, or permit, the prevailing party shall be entitled to recover from the other party reasonable attorneys' fees, paralegal fees, and costs hereunder, whether incurred prior to, during or subsequent to such court proceedings, on appeal, or during any bankruptcy proceedings. SECTION 22. 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 23. ENTIRE AGREEMENT. This instrument and its exhibits constitute the entire Agreement between the parties and supersedes all previous discussions, understandings, and agreements between the parties relating to the subject matter of this Agreement. Amendments to and waivers of the provisions herein shall be made by the parties in writing by formal amendment which shall be recorded in the Public Records of Orange County, Florida at the Developer's expense. SECTION 24. EFFECTIVE DATE. This Agreement shall first be executed by the Developer and submitted to the Utility, along with the water capital charge referenced in Section 7 hereof, for approval by the Ocoee City Commission. Upon approval by the Ocoee City Commission, payment of the water capital charges set forth in Section 7 hereof, and compliance with the requirements of Section 10 hereof, this Agreement shall be executed by the Utility. THIS AGREEMENT SHALL NOT GRANT ANY RIGHTS OR PRIVILEGES TO THE DEVELOPER OR ENTITLE THE DEVELOPER TO ANY WATER SERVICE CAPACITY UNTIL IT HAS BERN EXECUTED BY THE UTILITY AND RECORDED IN THE PUBLIC RECORDS AS PROVIDED IN SECTION 17 HEREOF. 16 IN WITNESS WHEREOF, the Utility has caused this Agreement to be duly executed the day and year first above written. "UTILITY" Signed, sealed and delivered CITY OF OCOEE, in the presence of: a Florida municipal corporation By: Signature S. Scott Vandergrift, Mayor Print/Type Name Attest: Jean Grafton, City Clerk Signature (SEAL) Print/Type Name FOR USE AND RELIANCE ONLY BY THE CITY OF OCOEE, FLORIDA. APPROVED AS TO FORM AND LEGALITY this day of , 1994. FOLEY & LARDNER APPROVED BY THE OCOEE CITY COMMISSION AT A MEETING HELD ON , 1994 By: UNDER AGENDA ITEM NO. City Attorney 17 STATE OF FLORIDA COUNTY OF ORANGE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements,personally appeared S. SCOTT VANDERGRIFT and JEAN GRAFTON, personally 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 on behalf of said municipality 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 , 1994. Signature of Notary Name of Notary (Typed,Printed or Stamped) Commission Number(if not legible on seal): My Commission Expires(if not legible on seal): 18 IN WITNESS WHEREOF, the Developer has caused this Agreement to be duly executed the _ day of , 1994. "DEVELOPER" Signed, sealed and delivered OPUS SOUTH CORPORATION, in the presence of: a Florida corporation By: Signature Name: Barry Greenfield Print/Type Name Title: Vice President Signature (CORPORATE SEAL) Print/Type Name STATE OF COUNTY OF I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgements, personally appeared Barry Greenfield, as Vice President of OPUS SOUTH CORPORATION, a Florida corporation, who [ ] is personally known to me or [ ] produced as identification, and that he acknowledged executing the foregoing instrument on behalf of said corporation in the presence of two subscribing witnesses freely and voluntarily under authority duly vested in him by said corporation, and that the seal affixed hereto is the true corporate seal of said corporation. WITNESS my hand and official seal in the County and State last aforesaid this day of , 1994. Signature of Notary Name of Notary (Typed,Printed or Stamped) Commission Number(if not legible on seal): My Commission Expires(if not legible on seal): 19 EXHIBIT "A" (Page 1 of 2) PARCEL 9 A PORTION CF THE NORT WEST QUARTER OF SECTION 32, TOWNSHIP 22 SOUTH, RANGE 28 EAST BEING MORE PARTICULARLY DESCRIEE.D.45 FOLLOWS: COMMENCE AT THE NORTHWEST CORNER OF SECTION 32, TOWNSHIP 22 SOUTH. RANGE 28 EAST; THENCE RUN SOUTI•: 89°5926" EAST, ALONG THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 32, A DISTANCE OF 40.00 FEET, TO A POINT ON THE EASTERLY RIGHT-CF-WAY LINE OF MAGUlP. ROAD; THENCE PUN SOUTH a :;'35" EAST, ALONG SAID EASTERLYRIGHT CF-WAY LANE,A DISTANCE CF 1118.5.1 FEET; THENCE LEAVING SAID EASTERLY RIGHT-CF-WAY LINE. RUN NORTH 89°53'36" EAST, 20.00 FEET TO THE POINT OF BEGINNING; THENCE RUN NORTH 89°53'.36'EAST 2C0.CC FEET: THENCE PUN SOUTH CO221'35" EAST. 210.01 _ET, THENCE PUN NORTH 89°54'50"WES23:.0 FEET. THENCE RUN NORTH 00°21'35' WEST, 209.94 FEET TO THE PC/NT OF BEGINNING. SAIL LANDS LYING IN THE CITY OF OCOEE, ORANGE`AUNTY, FLORIDA AND CONTAINING 0.964 ACRES MORE OR LESS. TOGETHER V'✓ITH: PARCEL. "C' A PORTION CF THE NORTHWEST QUARTER CF SECTIC,N 32. TOWNSHIP 22 SOUTH, RANGE 28 EAST BEING MCRE PARTICULARLY DESCR!EEC AS FOLLOWS: COMMENCE AT THE NORTiWEST CORNER CF SECT'ON 32, TOWNSHIP 22 SOUTH, RANGE 28 EAST; THENCE RUN SOUTH .19°59'26" EAST, ALONG THE NORTH LINE CF THE NORTHWEST QUARTER CF SAID SECTION 32. A DISTANCE CF 40.00 FEET TO A POINT ON THE EASTERLY RIGHT-OF-'WAY LINE OF MAG!JIRE ROAD; =HENCE PUN SOUTH 00`21'35" EAST ALONG SAID EASTERLYRIGHT-OF-WAY LINE.A DISTANCE!.71--1118.56 FEET'THENCE LEAVING SAID EASTERLY RIGHT--OF-WAY LINE, RUN NORTH 69°53'36" EAST, 20.00 FEET.' THENCE PUN SOUTH 00`21'35" EAST, 279.94 FEET, TO THE:POINT OF!EGiNN:'NG; THENCE RUN NORTH 89°54'50'EAST, 212.50 FEET THENCE RUN SOUTH 00°21'25"EAST. 1:3.:0 FEET; THENCE RUN SOUTH 89°54'50" WEST, 212.50 FEET,' THENCE RUN NORTH on i'3_'Y..15r, 2:x.::0 FEET,, TO 17-:"E POINT CF EEG/NM/VG. SAID LANDS LYING IN THE :ITY OF CCCEE, ORANGE COUNTY. FLORIDA AND CONTAINING 0.976 ACRES MORE OR LESS. TOGETHER WT-l: PARCEL "D" A PORTION CF THE NCRT-1WEST QUARTER CF SECTION 32, TOWNSHIP 22 SOUTH, RANGE 28 EAST BEING MOPE PART7CULARLY DESCRIE AS FOLLOWS: COMMENCE AT THE NORTHWEST CORNER CF SECTION 22, 'TOWNSHIP 22 SOUTH. RANGE 28 EAST THENCE RUN SOU•'H e9'59'2C" EAST ALONG THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECTI';N 32. A DISTANCE OF 40.00 FEE7, TO A POINT ON THE EASTERLY RIGHT-OF-WAY UNE OF MAGUIRE ROAD: 7.:NCE RUN SOUTH 0C'21'35' EAST, ALONG SAID EASTERLYRIGHT-OF-WAYLINE,A DISTANCE OF"18.55 FET. THENCE LEAVING SA IC EASTERLY RIGHT-OF-WAY UNE RU.r NORTH 9915336' EAST 20.0C FEET' THENCE RUN SOUTH 00°21'35" EAST, 532.92 PEET TO 77-1E POINT OF BEGINNING; THENCE RUN NORTH 89354'50"EAST, 209.65 FEET; THENCE RUN SOUTH 00°21'35'EAST, 2''.0:FEET THENCE RUN NORTH 89°54'50" WEST, 209.65 FEET, THENCE RUN NCRTH 00°21'35" WEST, 217.00 FEET TO THE POINT OF BEGINNING. SAID LANDS LYING IN THE CITY Of CCOEE.OP.ANGE COUNTY,FLORIDA AND CONTAINING 1.044 ACRES YORE CR LESS. TOGETHER WITH: EXHIBIT "A" (Page 2 of 2) PARCEL "E' A POPTICN OF THE NORTHWEST CUARTER OF SEC77CN 32 TOWNSHIP 22 SOUTH, RANGE 28 EAST BEING MORE PARTIOLLARLY CESCR;BEDAS FOLLOWS: COMMENCE AT THE NORTI-WEST CORNER OF SECTION 32 TOWNSHIP 22 SOUTH, RANGE 28 EAST; r-?ENCE RUN SOUTH 39"59'26" EAST ALONG THE NORTH _:.NE OF THE NORTHEAST QUARTER OF SAID SECTIC,V 32, A DISTANCE C: 40.00 FEET, TO A POINT ON THE EASTERLY RIGHT-CF-WAY LINE OF MAGUIRE ROAD; THENCE RUN SOUTH 00'21'35" EAST, ALONG SAID EASTERLY RIGHT-OF-WAY L'NE,ADISTANCECF'118.56FEET•THENCE LEA VINO SAID EASTERLY RIGHT-OF-WAY LINE, RUN IJCRTLI 89`53'36" EAST, 20.00 FEET, THENCE RUN SOUTH 00°21'35" EAST, 909.92 FEET, TO THE POINT OF BEGINNING; THENCE PUN NORTH 89°54'50"EAST, 170.00 FEET; THENCE RUN SOUTH 00`21'35" EAST 215.00 FEET; THENCE RUN SOUTH 89°54'50"WEST, 170.00 FEET THENCE RUN,NORTH 00`21'35" WEST. 215.00 FEET TO THE POINT OF BEGINNING. SAID LANDS LYING IN THE CITY CF OCOEE, ORANGE COUNTY, FLORIDA AND CONTAINING 0.839 ACRES MORE OP LESS. TOGETHER WITH: SHCPPING CENTER PARCr-,1 A PORTION OF THE NORTHWEST CUARTER OF SEC77CN 32, TOWNSHIP 22 SOUTH, RANGE 28 EAST BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHWEST CORNER OF SECTION 32, TOWNSHIP 22 SOUTH, RANGE 28 EAST; THENCE RUN SOUTH 89°59'26" EAST, ALCNG THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECT'ON 32, A DISTANCE CF 40.00 FEET, TO A POINT ON T-iE EASTERLY RIGHT--CF-WAY LIVE CF .. AG:!RE ROAD' T7-IEVCE RUN SOUTH 00°21'35• EASTT, ALONG SAID EAS cRLYRIGHT-OF-WAYA DISTANCE CFII188.56FEET THENCE LEAVING SAID EASTERLY RlGaHT-CF-WAY LINE, RUN NORTH 89°53'26" =4S7, 20.:0 FEET THENCE RUN SOUTH CO'21'35* EAST, 209.94 FEET, TO T74I POINT OF BEGINNING; THENCE RUN NORTH 89°54'50"EAST. 400.00 FEET; THENCE RUN NORTH 00°21'35' WEST, 46.44 FEET; THENCE.RUN NORTH 89°38'25"EAST, 127.19 FEET, THENCE RUN SOUTH 4o'5:5'GE'EAS T, 104.14 FEET; THENCE RUN SOUTH 32°10'01' EAST, 132.16 FEET THENCE RUN SOUTH 89°10'08" EAST. 60.92 FEET; HENCE RUN SOUTH 15°40'52" EAST, 303.09 FEET THENCE ,RUN SOUTH 00°13'34"EAST, 156.03 FEET; THENCE RUN SOUTH 14°28'31' WEST, 96 05 FEET; THENCE PUN SOUTH 58°39'08" WEST, 23.48 FEET; THENCE RUN SOUTH 51°38'25"EAS'; 21.00 FEET; THENCE RUN SOUTH 00°21'35'EAST, 1.00 FEET; THENCE PUN SOUTH 89°38'25' WEST, 234.86 FEET; THENCE RUN NORTH 00°21'35" WEST, 1.00 FEET; THENCE RUN SOUTH 89°33'25" WEST, 342.54 FEET• THENCE RUN SOUTH 00° 21'35"EAST, 5.85 FEET; THENCE RUN SCUT:4 89°54'50" WEST 170.00 FEET' THENCE RUN NORTH 00321'35"WEST, 60.00 FEET; THENCE RUN NORTH 8S°545C" EAS7 209.65 FEET; THENCE RUN NORTH 00°2135" WEST, 217.00 FE='''' THENCE RUN SOUT7-1 39`54'5C" WEST, 209.65 FEET; THENCE RUN NORTH 00921'35" WEST, 152.58 FEET; THENCE RUN NORTH 89454'5C' LAS' 212.50 FEET; THENCE RUN NORTH 00'21'35"WEST,20`:.00 FEET; THENCE RUN SOUTH 39°54'50"WEST 212.50 FEET; THENCE RUN NORTH 00°21'35' WEST. 70.00 FEET, TO THE POINT OF BEGINNING. SAID LANDS LYING IN THE CITY OF OCOEE,GRANGE COUNTY,FLOPJCA AND CONTAINING 10.212 ACRES MORE OR LESS. JOINDER, CONSENT AND SUBORDINATION The undersigned hereby certifies that is the holder of a mortgage, lien or other encumbrance upon the above described property, and that the undersigned hereby joins in and consents to the foregoing instrument by the owner thereof and agrees that its mortgage, lien or other encumbrance, which is recorded in Official Records Book , Page , in the original sum of$ , of the Public Records of Orange County of Florida, shall be subordinated to the foregoing instrument. Signed, sealed and delivered in the presence of: By: Name Name: Its: Name (CORPORATE SEAL) STATE OF FLORIDA ) COUNTY OF ORANGE ) THIS IS TO CERTIFY, that on this day of 199_, before me, an officer duly authorized to take acknowledgements in the State and County aforesaid,personally appeared ,as of who [ ] is personally known to me or [ ] produced as identification, and that who acknowledged that _he as the individual described in and who executed the foregoing instrument and acknowledged the execution thereof to be his/her free act and deed as such officer thereunto duly authorized, that the official seal of said corporation is duly affixed thereto. IN WITNESS WHEREOF, I have hereunto set my hand and seal on the above date. NOTARY PUBLIC Name: My Commission expires: c:\wp5 I\DOCS\OCOEE\OPUSDE V.W AT 1 5/26/94118 W015 I DPB;jod