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049-Lease - One Harbour PlaceA STENSTROM, MCINTOSH, COLBERT. WHIGHAM & SIMMONS, P.A. ATTORNEYS AND COUNSELLORS AT LAW SUN BANK . SUITE 22 200 WEST FIRST STREET POST OFFICE BOX 4646 KENNETH W. MCINTOSH SANFORD, FLORIDA 32772.4848 DOUGLAS STENSTROM WILLIAM L COLBERT SANFORD (607) 322-2191 RETIRED FRANK C. WHIGNAM ORLANDO (407) 634-5119 CLAYTON D. SIMMONS 1"(407) 330 -2379 THOMAS E. WHIGHAM DONNA L.S. MCINTOSH 11952.19081 WILLIAM E. REISCHMANN, JR. RECE RECEIVED CATHERINE 0. REISCHMANN JAMES J. PARTLOW September 18, 1995 Bill Simmons, City Manager CITY OF SANFORD 300 N. Park Avenue Sanford, Florida 32771 CI 11 ,: SEP 181995 CITY OF SANE RD. HAND DELIVERED Re: One Harbour Place Dear Mr. Simmons: Enclosed for your review and records is an original, executed Lease for One Harbour Place. Please place this Lease on the next available City Commission Agenda for.City Commission consideration and advise me of the date. Also, please advise Attorney Harding of this date. Please let me know if we need to do anything further in this matter. Sincerely, STENSTROM, McINTOSH, COLBERT, nisi Enclosure sanford \1Ir \1ease.ohp .. 4EM All M LEASE �� THIS LEASE is made and entered into this a day of 1995, by and between the CITY OF SANFORD, FLORIDA, a municipal corporation, hereinafter called "the City" or "Lessor" and HARBOUR PLACE PARTNERSHIP, 305 Douglas Avenue, Altamonte Springs, FL 32714 -3332, hereinafter called "Harbour Place" or "Lessee." W I T N E S S E T H: WHEREAS, Harbour Place owns the building, located on the following described real property, hereinafter called the "Prior Leased Property ": Beginning at the Northeast corner of Lot 1; SANFORD RIVERFRONT PROJECT, according to the Plat. thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 0 16 1 45" W., along the Northerly line of said Lot 1, a distance of 400 feet, thence run S. 41 0 26 1 19" W., 144.33 feet, thence run S. 69 0 16 1 45" E., 451.06 feet to the Easterly line of Lot 1, thence run N. 20 0 43 1 15" E., 135.00 feet to the Point of Beginning. Containing 1.2397 acres (54,000 square feet). Together with access for ingress and egress over the paved road known as North Palmetto Avenue extended from its intersection with Seminole Boulevard to the demised premises described herein; and WHEREAS, the City owns the Prior Leased Property but not the improvements and building located thereon; and WHEREAS, there is an existing Lease upon the. Prior Leased Property dated'November 25, 1985, Addendum dated April 3, 1986, and Second Addendum dated April 28, 1986 (hereinafter collectively referred to as the "Prior Lease Documents "); and WHEREAS, the City and Harbour Place are desirous of entering into this Lease, which shall supersede and replace the Prior Lease Documents. rMa NOW, THEREFORE, for and in consideration of the mutual covenants herein contained and in consideration of the payments and undertakings herein mentioned and for other good and valuable considerations, the parties do hereby agree as follows: 1. Upon the terms and conditions hereinafter set forth and in consideration of the payment of the rentals herein provided, Lessor does hereby lease and let unto Lessee and Lessee hereby does lease from Lessor that certain real property lying and being situated in Sanford, Seminole County, Florida, commonly known as One Harbour Place, hereinafter referred to as the "Leased Property ", and more particularly described as follows: Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the Plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 0 16 1 45' W., 140 feet for a Point of Beginning; thence continue.W. 69 0 16 1 45' W. along the Northerly line of said Lot 1, a distance of 260 feet; thence run S. 41 0 26 1 19" W., 144.33 feet; thence run S. 69 0 16 1 45" E. 311.059 feet to the Easterly line of Lot l; thence run N. 20 0 43 1 15" E. 135.00 feet to the Point of Beginning. Containing 0.885 acres (38545.6 square feet). 2. The term and duration of this Lease shall terminate on the 31st day of December, 2040. 3. That Lessee hereby covenants and agrees upon execution of this Lease to pay to Lessor as rent for calendar year 1996 the sum of THREE THOUSAND THREE HUNDRED FIFTY -THREE AND N01100 ($3,353.00) DOLLARS with subsequent annual rentals to be due in advance without demand on January 1 of each year for each and every year of the term of this Lease, at the office of the Finance Director of the City of Sanford, Post. Office Box 1788, Sanford, Florida 32772 -1788 - -2 -- /A and to pay to Lessor as rent from September 1, 1995, to December 31, 1995, monthly rent of $279.42. 4. Both parties agree that the annual rent of Three thousand three hundred fifty -three dollars ($3,353.00), shall increase three percent (3%) beginning January 1, 1997 and shall increase three percent (3°s) per year for each and every year thereafter during the term of this Lease. 5. It is furthermore agreed that all improvements located upon the Leased Property shall upon the termination of this Lease, including any renewal in accordance with paragraph 14 herein, revert in fee simple absolute to the City of Sanford. 6. Lessee, in addition to the rentals required herein, agrees to timely pay all the annual ad valorem taxes and any other taxes or assessments levied by any governmental authority on all land, buildings, improvements, or personal property on the Leased. Property. If the Lessor elects to pay said taxes or assessments on behalf of Lessee, Lessee, on demand, shall reimburse Lessor for all sums actually paid on Lessee's behalf. 7. Lessee shall further provide :public liability and property damage insurance naming Lessor as co- insured in a company or companies acceptable to Lessor in such amounts as shall be required by Lessor provided; however, that the required minimum insurance policy limits shall not exceed ONE MILLION AND N01100 ($1,000,000.00) DOLLARS. Lessee shall also continuously carry full replacement cost broad form hazard insurance on all improvements. 8. Lessee, at its sole expense,, will operate, maintain and --3-- go repair all improvements constructed upon the Leased Property and will further place and maintain landscaping in all appropriate areas to create an aesthetically attractive improvement. Furthermore, Lessee shall, at all times, maintain and repair the improvements and the landscaping in a prompt, efficient and workmanlike manner for the benefit of themselves and the public at large. Lessee shall promptly comply with all statutes, ordinances, rules, orders, regulations and requirements of the Federal, State and City Government and of any and all of their Departments and Bureaus applicable to said improvements and the Leased Property, for the correction, prevention, and abatement of code violations, nuisances or other grievances, in, upon, or connected with the improvements and the Leased Property during the term of this Lease; and shall also promptly comply with and execute all rules, orders and regulations of the applicable fire prevention codes for the prevention of fires, at Lessee's own cost and expense. 9. Lessee shall not assign this Lease or any part thereof nor use the same, or any part thereof, nor permit the same, or any part thereof, to be used for any other purpose than as herein agreed, nor make any alterations therein, nor any additions thereto, without the written consent of the Lessor, which consent shall not be arbitrarily or capriciously withheld. All additions, fixtures or improvements which may be made by Lessee, except movable office furniture, shall become the property of the Lessor and remain upon the Leased Property as a part thereof, and be surrendered with the Leased Property at the termination of this __g__ lease, including any renewal in accordance with paragraph 14, herein. 10. Lessee shall not be liable for any prior environmental contamination of the Leased Property, nor for cleanup of same. Lessee shall be responsible for any environmental contamination that results from its occupancy or subleasing of the Leased Property. 11. Lessee shall have the right of first refusal to lease that property deleted from the Prior Lease Documents by this new Lease, should the City, in the future, choose to lease same; however, this right shall be predicated on Lessee's willingness to develop said property in a manner acceptable to the City of Sanford. 12. It is acknowledged that the City's Land Development Code parking requirements have changed since construction of the existing building on the Leased Property. The Leased Property contains forty -two (42) parking spaces while the City's Land Development Code requires fifty (50) parking spaces for the existing facility for ordinary commercial use and requires more parking spaces if certain other commercial uses were present. The undeveloped land in the Prior Lease Documents could have been developed into thirty -four (34) additional parking spaces. Therefore, the Leased Property, including any expansion thereof in accordance with paragraph 11 above, shall be deemed to have 84 parking spaces for purposes of compliance with the City's Land Development Code Parking Requirements. - -5 -- ' , 1 00%. 13. Lessee shall not permit the operation of a motel, restaurant, lounge, marina, bar or package store on the Leased Property. This paragraph shall be deleted from this Lease as soon as the corresponding non - compete clauses can be deleted from the other City leases on the Riverfront property (paragraph 11 of the Holiday Inn Lease dated May of 1995 and Article XI(c) of the Monroe Harbor Inc, Lease dated March 14, 19671. 14. At the end of the term hereof, Lessee shall have first right of refusal of a renewal of this lease for forty -five (45) additional years. In this respect the City may, six (6) months in advance of the expiration of this Lease, provide to Lessee in writing the new terms and conditions of such renewal and within thirty (30) days thereafter Lessee shall signify its written acceptance or rejection of such terms. Failure of the Lessee to respond within thirty (30) days shall constitute rejection. In the event the renewal terms are rejected by Lessee, this Lease shall terminate on December 31, 2040, and Lessee shall forthwith deliver up the premises in good condition subject to reasonable wear and tear. All equipment permanently affixed to either the buildings located on the Leased Property or anywhere within the Leased Property shall remain upon the Leased Property and become the property of the Lessor. By definition, permanently affixed means those items which cannot be removed without damage to the improvements and shall specifically include but not be limited to all buildings, fixtures, structures, landscaping, walkways, awnings, utilities and signs. __6__ Kim FOO 15. Upon default hereof by Lessee, this Lease at the option of Lessor, shall be declared null and void in which event all improvements and permanently affixed. equipment shall enure to and become the property of Lessor. In addition, Lessor shall have all the rights and remedies afforded to it under the laws of the State of Florida including but not limited to the right to apply to a Court of competent jurisdiction for the appointment of a receiver and for all other remedies provided for by law and specifically including all remedies set forth in Chapter 83 of the Florida Statutes. The timely payment of the rent for the Leased Property, and the faithful observance of all terms of this Lease, are the conditions upon which the Lease is made and accepted and any failure on the part of the Lessee to comply with any term of this Lease, shall at the option of Lessor, work a forfeiture of this Lease, and all of the rights of Lessee herein. 16. If Lessee shall become insolvent or if bankruptcy proceedings shall be begun by or against Lessee before the end of the term of this Lease, the same shall constitute a default of this Lease and Lessor is hereby irrevocably authorized at its option, to forthwith cancel this Lease. Lessor may elect to accept rent from such receiver, trustee, or other judicial officer during the term of their occupancy in their fiduciary capacity without affecting Lessor's rights as contained in this Lease, but no receiver, trustee, or other judicial officer shall ever have any right, title or interest in or to the Leased Property by virtue of this Lease. 17. In the event of any default under.this. Lease, Lessor will - -7 -- not terminate this Lease or take any action to enforce any claim with respect thereto without giving to the holder of any mortgage on improvements located on the Leased Property, hereinafter referred to as "the Lender ", at least thirty (30) days' prior written notice and the right to cure such default within said period; and so long as the Lender has not entered in possession of the Leased Property, it shall not be liable for rent or any other obligation of Lessee pursuant to, or in connection with this Lease, and Lessee shall remain liable for all such rents and obligations. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals to this Lease on the day and year first written above. Signed, sealed and delivered in the presence of: I � tness Witness CITY OF O•D FLORIDA i BffTTV D SMITH, •• UR P E PARTNERSHIP t BO �--- 6(/v ¢ Title: 4h,,�/ as 'zp% SANF0R0 \0HP.LSE __g__ L- 04.9 THIS LEASE is made and entered into this 2 3 ? day of oz& L , 1995, by and between the CITY OF SANFORD, FLORIDA, a municipal corporation, hereinafter called "the City" or "Lessor" and HARBOUR PLACE PARTNERSHIP, 305 Douglas Avenue, Altamonte Springs, FL 32714 -3332, hereinafter called "Harbour Place" or "Lessee." W I T N E S S E T H: WHEREAS, Harbour Place owns the building located on the following described real property, hereinafter called the "Prior Leased Property ": Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the Plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 0 16 1 45" W., along the Northerly line of said Lot 1, a distance of 400 feet, thence run S. 41 0 26 1 19" W., 144.33 feet, thence run S. 69 0 16 1 45" E., 451.06 feet to the Easterly line of Lot 1, thence run N. 20 0 43 1 15" E., 135.00 feet to the Point of Beginning. Containing 1.2397 acres (54,000 square feet). Together with access for ingress and egress over the paved road known as North Palmetto Avenue extended from its intersection with Seminole Boulevard to the demised premises described herein; and WHEREAS, the City owns the Prior Leased Property but not the improvements and building located thereon; and WHEREAS, there is an existing Lease upon the Prior Leased Property dated'November 25, 1985, Addendum dated April 3, 1986, and Second Addendum dated April 28, 1986 (hereinafter collectively referred to as the "Prior Lease Documents "); and WHEREAS, the City and Harbour Place are desirous of entering into this Lease, which shall supersede and replace the Prior Lease Documents. P NOW, THEREFORE, for and in consideration of the mutual covenants herein contained and in consideration of the payments and undertakings herein mentioned and for other good and valuable considerations, the parties do hereby agree as follows: 1. Upon the terms and conditions hereinafter set forth and in consideration of the payment of the rentals herein provided, Lessor does hereby lease and let unto Lessee and Lessee hereby does lease from Lessor that certain real property lying and being situated in Sanford, Seminole County, Florida, commonly known as One Harbour Place, hereinafter referred to as the "Leased Property ", and more particularly described as follows: Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the Plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 0 16 1 45' W., 140 feet for a Point of Beginning; thence continue W. 69 0 16 1 45' W. along the Northerly line of said Lot 1, a distance of 260 feet; thence run S. 41 0 26 1 19" W., 144.33 feet; thence run S. 69 0 16 1 45" E. 311.059 feet to the Easterly line of Lot 1; thence run N. 20 0 43'15" E. 135.00 feet to the Point of Beginning. Containing 0.885 acres (38545.6 square feet). 2. The term and duration of this Lease shall terminate on the 31st day of December, 2040. 3. That Lessee hereby covenants and agrees upon execution of this Lease to pay to Lessor as rent for calendar year 1996 the sum of THREE THOUSAND THREE HUNDRED FIFTY -THREE AND N01100 ($3,353.00) DOLLARS with subsequent annual rentals to be due in advance without demand on January 1 of each year for each and every year of the term of this Lease, at the office of the Finance Director of the City of Sanford, Post Office Box 1788, Sanford, Florida 32772 -1788 - -2 -- and to pay to Lessor as rent from September 1, 1995, to December 31, 1995, monthly rent of $279.42. 4. Both parties agree that the annual rent of Three thousand three hundred fifty -three dollars ($3,353.00), shall increase three percent (3 °s) beginning January 1, 1997 and shall increase three percent (3°s) per year for each and every year thereafter during the term of this Lease. 5. It is furthermore agreed that all improvements located upon the Leased Property shall upon the termination of this Lease, including any renewal in accordance with paragraph 14 herein, revert in fee simple absolute to the City of Sanford. 6. Lessee, in addition to the rentals required herein, agrees to timely pay all the annual ad valorem taxes and any other taxes or assessments levied by any governmental authority on all land, buildings, improvements, or personal property on the Leased Property. If the Lessor elects to pay said taxes or assessments on behalf of Lessee, Lessee, on demand, shall reimburse Lessor for all sums actually paid on Lessee's behalf. 7. Lessee shall further provide public liability and property damage insurance naming Lessor as co- insured in a company or companies acceptable to Lessor in such amounts as shall be required by Lessor provided; however, that the required minimum insurance policy limits shall not exceed ONE MILLION AND N01100 ($1,000,000.00) DOLLARS. Lessee shall also continuously carry full replacement cost broad form hazard insurance on all improvements. 8. Lessee, at its sole expense, will operate, maintain and �cID repair all improvements constructed upon the Leased Property and will further place and maintain landscaping in all appropriate areas to create an aesthetically attractive improvement. Furthermore, Lessee shall, at all times, maintain and repair the improvements and the landscaping in a prompt, efficient and workmanlike manner for the benefit of themselves and the public at large. Lessee shall promptly comply with all statutes, ordinances, rules, orders, regulations and requirements of the Federal, State and City Government and of any and all of their Departments and Bureaus applicable to said improvements and the Leased Property, for the correction, prevention, and abatement of code violations, nuisances or other grievances, in, upon, or connected with the improvements and the Leased Property during the term of this Lease; and shall also promptly comply with and execute all rules, orders and regulations of the applicable fire prevention codes for the prevention of fires, at Lessee's own cost and expense. 9. Lessee shall not assign this Lease or any part thereof nor use the same, or any part thereof, nor permit the same, or any part thereof, to be used for any other purpose than as herein agreed, nor make any alterations therein, nor any additions thereto, without the written consent of the Lessor, which consent shall not be arbitrarily or capriciously withheld. All additions, fixtures or improvements which may be made by Lessee, except movable office furniture, shall become the property of the Lessor and remain upon the Leased Property as a part thereof, and be surrendered with the Leased Property at the termination of this __y__ I /0" lease, including any renewal in accordance with paragraph 14, herein. 10. Lessee shall not be liable for any prior environmental contamination of the Leased Property, nor for cleanup of same. Lessee shall be responsible for any environmental contamination that results from its occupancy or subleasing of the Leased Property. 11. Lessee shall have the right of first refusal to lease that property deleted from the Prior Lease Documents by this new Lease, should the City, in the future, choose to lease same; however, this right shall be predicated on Lessee's willingness to develop said property in a manner acceptable to the City of Sanford. 12. It is acknowledged that the City's Land Development Code parking requirements have changed since construction of the existing building on the Leased Property. The Leased Property contains forty -two (42) parking spaces while the City's Land Development Code requires fifty (50) parking spaces for the existing facility for ordinary commercial use and requires more parking spaces if certain other commercial uses were present. The undeveloped land in the Prior Lease Documents could have been developed into thirty -four (34) additional parking spaces. Therefore, the Leased Property, including any expansion thereof in accordance with paragraph it above, shall be deemed to have 84 parking spaces for purposes of compliance with the City's Land Development Code Parking Requirements. O.IM 13. Lessee shall not permit the operation of a motel, restaurant, lounge, marina, bar or package store on the Leased Property. This paragraph shall be deleted from this Lease as soon as the corresponding non - compete clauses can be deleted from the other City leases on the Riverfront property [paragraph 11 of the Holiday Inn Lease dated May of 1995 and Article XI(c) of the Monroe Harbor Inc, Lease dated March 14, 19671. 14. At the end of the term hereof, Lessee shall have first right of refusal of a renewal of this lease for forty -five (45) additional years. In this respect the City may, six (6) months in advance of the expiration of this Lease, provide to Lessee in writing the new terms and conditions of such renewal and within thirty (30) days thereafter Lessee shall signify its written acceptance or rejection of such terms. Failure of the Lessee to respond within thirty (30) days shall constitute rejection. In the event the renewal terms are rejected by Lessee, this Lease shall terminate on December 31, 2040, and Lessee shall forthwith deliver up the premises in good condition subject to reasonable wear and tear. All equipment permanently affixed to either the buildings located on the Leased Property or anywhere within the Leased Property shall remain upon the Leased Property and become the property of the Lessor. By definition, permanently affixed means those items which cannot be removed without damage to the improvements and shall specifically include but not be limited to all buildings, fixtures, structures, landscaping, walkways, awnings, utilities and signs. --6-- 15. Upon default hereof by Lessee, this Lease at the option of Lessor, shall be declared null and void in which event all improvements and permanently affixed equipment shall enure to and become the property of Lessor. In addition, Lessor shall have all the rights and remedies afforded to it under the laws of the State of Florida including but not limited to the right to apply to a Court of competent jurisdiction for the appointment of a receiver and for all other remedies provided for by law and specifically including all remedies set forth in Chapter 83 of the Florida Statutes. The timely payment of the rent for the Leased Property, and the faithful observance of all terms of this Lease, are the conditions upon which the Lease is made and accepted and any failure on the part of the Lessee to comply with any term of this Lease, shall at the option of Lessor, work a forfeiture of this Lease, and all of the rights of Lessee herein. 16. If Lessee shall become insolvent or if bankruptcy proceedings shall be begun by or against Lessee before the end of the.term of this Lease, the same shall constitute a default of this Lease and Lessor is hereby irrevocably authorized at its option, to forthwith cancel this Lease. Lessor may elect to accept rent from such receiver, trustee, or other judicial officer during the term of their occupancy in their fiduciary capacity without affecting Lessor's rights as contained in this Lease, but no receiver, trustee, or other judicial officer shall ever have any right, title or interest in or to the Leased Property by virtue of this Lease. 17. In the event of any default under this Lease, Lessor will - -7 -- so not terminate this Lease or take any action to enforce any claim with respect thereto without giving to the holder of any mortgage on improvements located on the Leased Property, hereinafter referred to as "the Lender ", at least thirty (30) days' prior written notice and the right to cure such default within said period; and so long as the Lender has not entered in possession of the Leased Property, it shall not be liable for rent or any other obligation of Lessee pursuant to, or in connection with this Lease, and Lessee shall remain liable for all such rents and obligations. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals to this Lease on the day and year first written above. Signed, sealed and delivered_ in the presence of: Witness 4idL a. CJL01era/ Witness CITY OF SANFORD, FLORIDA By ( AwP di� S8TTV D. S ITH, MAYOR BOUR PL E PARTNERSHIP By : -- t Oyu ¢n) Title: R;5 r 4 f (/ g , % SA ORD\OHP.LSS M.= L- STENSTROM, MCINTOSH, COLBERT, WHIGHAM & SIMMONS, P.A. ATTORNEYS AND COUNSELLORS AT LAW KENNETH W. MCINTOSH WILLIAM L COLBERT FRANK C. WHIGHAM CLAYTON D. SIMMONS DONNA L.S. McINTOSH WILLIAM E. D. REI N CATHERINE D. RESCH \ MANN JAMES J. PARTLOW September 18, 19k5 Bill Simmons, City Manager CITY OF SANFORD 300 N. Park Avenue Sanford, Florida 32771 Re: One Harbour Place Dear Mr. Simmons: so HAND DELIVERED Enclosed for your review and records is an original, executed Lease for One Harbour Place. Please place this Lease on the next available City Commission Agenda for City Commission consideration and advise me of the date. Also, please advise Attorney Harding of this date. Please let me know if we need to do anything further in this matter. Sincerely, STENSTROM, McINTOSH, COLBERT, i>W Enclosure smfordVM me.oLp SUN BANK. SUITE 22 200 WEST FIRST STREET POST OFFICE BOX 4848 SANFORD, FLORIDA 32772-4648 SANFORD (407) 322 -2171 ORLANDO (40W 8343119 FAX (407) 330 -2379 DOUGLAS STENSTROM RETIRED THOMAS E. WHIGHAM 1195219801 RECEIVED SEP18 1995 CITY OF SAN RD. r, � i t IITH, WILLIAMS & HUMP -JES MARGARET E. BOWLES REBECCA H. FOREST ROBERT L HARDING J. GREGORY HUMPHRIES• DANIEL W. KING GREGORY E. MIERZWINSKI STANLEY T. PADGEIT NEAL A SIVYER DAVE) LISLE SMITH GREGORY L WILLIAMS OF CQUNSFL JEFFREY A. AMAN THOMAS P. SC 1NM 'ALSO ADMITIED VA BAR ATTORNEYS AT LAW TAMPA (813) 253-, 201 EAST PINE STREET FAX (813) SUITE 701 ORLANDO, FLORIDA 32801 (407)8491-5151 FAX (407) W4076 PLEASE REPO VIA HAND DELIVERY Donna L. McIntosh, Esq. Stenstrom, McIntosh, Julian, Colbert, Whigham & Simmons, P.A. 200 West First Street Suite 22 Sanford, Florida 37773 September 15, 1995 Re: City of Sanford /Harbour Lease Dear Donna: Enclosed is the Harbour Place Lease fully executed by the Harbour Place Partnership'; Partner, H.A. Duncan. Please ensure that this matter goes before the next City Commission M September, 1995. It is extremely important that we finalize this document so that we can go with the capital improvements which we intend to make. Since ly, / Ro rt L. Harding / (signed in absence to avoid delay /cwc) )N AVENUE 33606 in RLH /cwc cc: Stephen F. Foreman H. A. Duncan Stenstrom,McIntosh, Julian, Colbert & Whigham, P. A. Attorneys and Counsellors at Law Douglas Stenstrom Kenneth W. McIntosh Ned N. Julian, Jr. William L. Colbert Frank C. Whigham Clayton D. Simmons Thomas E.Whigham Robert K. McIntosh Suite 22 San Bank Post Office Box 1330 Sanford, Florida 32712-1330 (305) 322 -2171 March 19, 1986 Frank Faison, City Manager City of Sanford, Florida Sanford City Hall Post Office Box 1778 Sanford, Florida 32772 -1778 Dear Frank: Enclosed is a certificate that was sent to us. It should be maintained in the City's files. Sincerely, STENSTROM, McINTOSH, JULIAN, COLBERT & WHIGHAM, P. A. William L. Colbert WLC /lss Enclosure 3 -13 -86 Justus Insurance, Inc. 2611 Technology Drive Suite 209 Orlando, Fl. 32804 Continential Insurance Company John L. Smith d /b /a/ One Harbor Place - 3505 South Orlando Dr. ganford, Fl 32771 -- - - -- • j _. THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAV EE N 'S` U'ED T"? THE IN RED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY { r NTi A UR OTHER 00 ',JMEN`I WITH F ESPFCT TO WH'iCH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, 7HE INSURANCE AFFORDED BY THE P T: ri`ir S `;:.K SC F I5ED HFPE N i`. UE� "E - :T TO AL I THE= T FRMv.. TIONS OF SUCH POLICIES L EXCLUSIONS, AND CONDI- CO I + L AB ' LIMITS IN THOUSANDS ISO i VPE �_.F � s uCk FACri AGGREGAT E i GENERAL L<'ABIUTY OMPREHi: °dSiVr FORM A Binder # 86 -12 3 -25 -86 3- 25- 87 -- -- I j PREMISES %OPERA ?10 "JS PgOP�RT. 1 UNDERGROUND I ,,aMAGF EXPLOSION 8 COLLAPSE HAZARD $ PRODUCTS /COMPLETED OPERATIONS XI CONTRACTUAL I 1 OMOiNED $ 1,000, $ 1,000, INDEPENDENT CONTRACTORS BROAD FORM PROPERTY DAMAGE I PERSONAL INJURY PERSONAL INJURY $ I ! AUTOMOBILE LIABILITY &7DIU NJUR� ANY AUTO PEP PERSON[ $ i ALL OWNED AUTOS (PRIV PASS I Ronan OTHER THAN INJURY ALL OWNED AUTOS � PRIV PASS � � � PER A� OIDENT� $ ;~ HIRED AUTOS PROPERTY NON -OWNED AUTOS !DAMAGE $ 1 GARAGE LIABILITY BI & PD COMBINED $ EXCESS LIABILITY �— ' UMBRELLA FORM v— -� --------- -- - -— II � BI a PD — OTHER THAN UMBRELLA FORM COMBINED $ $ -- - - - - -- 1 STATUTORY WORKERS' COMPENSATION i -- AND $ iFACH ACCIDENT) EMPLOYERS' LIABILITY $_ — DISEASE PO L (DISE EA EMPLOYE`) OTHER -- -- - - - 1 - - -- — ------- ?------- - - - - -- -- - — i I A Builders Risk Binder #86 -12 3 -25 -86 3 -25 -87 $720,000 amt. of Ins. DESCRIPTION OF OPERATIONS /LOCATIONSNEHICLES;SPECIAL ITEMS TLEFrBUT ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EX- Bill Colbert ON DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE c/o Stenstrom, McIntosh, Julian, FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY Colbert & Le�higham, P.A. KIND UPON THE COMPANY, ITS AGENTS OR REPRESENTATIVES. ED REPRESENTATIVE Box 1330, Sanford, Fl. 32772 -1330