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104-Time Construction Company of Florida, Inc. AGREEMENT THIS AGREEMENT.. made and entered into this 19th day of May " A. D... 1975.. by and between the CITY OF SANFORD. hereinafter called the "City"" and TIME CONSTRUCTION COMPANY OF FLORIDA, INC... a Florida corporation.. hereinafter called the "Developer"; WHEREAS" Developer has a Contract to purchase from Newb'.lrgh Development Corporation the following described property: Being a portion of Section 13.. Township 20 South" Range 30 East" County of Seminole.. described as follows: The NE 1/4 of the SW 1/4 of said Section 13. less the westerly 33 feet for road purposes", and also that portion of the SW 1/4 of the NW 1/4 of said Section 13.. less State Road 427 right of way. and WHEREAS" that certain Contract dated October 15" 1973, between the City of Newburgh Development Corporation was rescinded by official action of the City Commission of the City of Sanford on Monday" May 12, 1975. and WHEREAS.. in order to develop the above described property the Developer will need sewer and water service to accommodate the construction of one hundred twenty five (125) single family units, and the City of Sanford is in a position to and is agreeable to furnishing such utilities in accordance with the terms and provisions hereinafter set forth. NOW THEREFORE" in consideration of the mutual benefits to be derived by the parties hereto and the mutual covenants hereinafter specified the parties hereto agree as follows: 1. Developer shall within six (6) months of the date of this Agreement construct water lines and sewer lines in accordance with the standard specifications of City from that certain property presently owned by Dreyfus Interstate Develop- ment Corporation into the above described property" it being specifically -1- understood by the parties that said construction be seventy (70%) percent complete within six months of the date of this Agree me nt. In addition to the water and sewer lines, Developer agrees to construct streets and a drainage system in accordance with the standard specifications of the City throughout the development of the above described property, said construction to be substantially completed within eighteen (18) months of the date of this Agreement. That all costs for the installation of the water and sewer lines, streets and drainage system shall be paid for solely by Developer. 2. City agrees to provide sufficient water and sewer service to service one hundred twenty five (125) single family dwelling units on the above described property. The monthly utility rate for such water and sewer service shall be the standard rate charged by the City for service of utilities situated within the city limits of the City of Sanford multiplied by a factor of 1.25 or such other factor as may be established as a policy of the City of Sanford at any future date. 3. In the event all construction of water and sewer lines, streets and drainage system is not completed within the times specified in this Agreement, the water and sewer service to said property shall be discontinued. It is the specific unde rstanding of the parties hereto that time is of the essence in the performance of this Agreement. 4. The parties specifically agree that Developer shall not have the right to assign its rights under this Agreement to any other party. IN WITNESS WHEREOF, the parties hereto have hereunto set their May CITY , A. D., 1975. hands and seals this 19th day of Witnesses as to -2- ...-' ", Attest: ~ (//~ ~ ,(/9 ~ <~V( j TIME CONSTRUCTION COMPANY OF FLORIDA, INC. BY: ~L~:: ~ ,~ STATE OF FLORIDA COUNTY OF SEMINOLE I HEREBY CERTIFY that on this / 1:!:- day of ~J.:v.... A. D.. 1975, before me personally appeared Lee P. Moore and H. (~. Tamm. Jr.. Mayor and City Clerk respectively of the City of Sanford, Florida.a municipal corporation. to me known to be the persons described inand who executed the foregoing instrument and severally acknowledged the execution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; that they affixed thereto the official seal of said municipal corporation and the said instrument is the act and deed of said municipal corporation. WITNESS my hand and official seal at Sanford, Seminole County.. Florida, this / l' :?-day of -;rr-,"j . 1975. . /', 0 / --+t--. '\ . _i ,- V_~, . 1-, IT. ~...,._ ~, <.0 / H_'--~. --{~/~ Notary Public - State of Florida My Commission Expires: 4-{!-- 77 STATE OF FLORIDA , COUNTY OF ,~~f)..l~ I HEREBY CERTIFY that on this /9 ~day of ~.J--r A.cp..,1975, befo:r::e me personally appeared~~,L ;(]. C\/~, G<\.J-.d, and ,J:;cv-.;\.,/!.f 7d (~! o....,..-v'-"..y/ and respectively of Time Construction Company of Florida, Inc., a Florida corporation. to me known to be the persons described in and who executed the foregoing instrument and severally acknowledged the execution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; that they affixed thereto the official seal of said corporation and the said instrument is the act and dee? of said corporation. WITNESS my hand a~official seal at 0<~t1/t..A;Q , said County and State, this /cf ~..:: day of ~ J., (:l.A...') ... , 1975. ,....., < i----' '- _ . jf) .-...f-1- '1 t' l.:....(.)~ frV. 1'CJz.x...~.~,~l,,h"''''' Nota ry Public - State of Florida My Commission Expires: 4..---1(;,- ..., '7 -3- ..-4 / AGREEMENT THIS AGREEMENT", made and entered into this 19th day of May " A. D... 1975" by and between the CITY OF SANFORD, hereinafter called the "City"" and TIME CONSTRUCTION COMPANY OF FLORIDA, INC... a Florida corporation. hereinafter called the 11Developer"; WHEREAS" Developer has a Contract to purchase from Newburgh Development Corporation the following described property: Being a portion of Section 13.. Township 20 South" Range 30 East" County of Seminole.. described as follows: The NE 1/4 of the SW 1/4 of said Section 13, less the westerly 33 feet for road purposes", and also that portion of the SW 1/4 of the NW 1/4 of said Section 13" less State Road 427 right of way. and WHEREAS" that certain Contract dated October 15" 1973, between the City of Newburgh Development Corporation was rescinded by official action of the City Commission of the City of Sanford on Monday.. May 12, 1975.. and WHEREAS" in order to develop the above described property the Developer will need sewer and water service to accommodate the construction of one hundred twenty five (125) single family units.. and the City of Sanford is in a position to and is agreeable to furnishing such utilities in accordance with the terms and provisions hereinafter set forth. NOW THEREFORE" in consideration of the mutual benefits to be derived by the parties hereto and the mutual covenants hereinafter specified the parties hereto agree as follows: 1. Developer shall within six (6) months of the date of this Agreement construct water lines and sewer lines in accordance with the standard specifications of City from that certain property presently owned by Dreyfus InLcrst2.te Develop- ment Corporation into the above described property, it being specifically -1- understood by the parties that said construction be seventy (70%) percent complete within six months of the date of this Agreement. In addition to the water and sewer lines, Developer agrees to construct streets and a drainage system in accordance with the standard specifications of the City throughout the development of the above described property, said construction to be substantially completed within eighteen (18) months of the date of this Agreement. That all costs for the installation of the water and sewer lines, streets and drainage system shall be paid for solely by Developer. 2. City agrees to provide sufficient water and sewer service to service one hundred twenty five (125) single family dwelling units on the above described property. The monthly utility rate for such water and sewer service shall be the standard rate charged by the City for service of utilities situated within the city limits of the City of Sanford multiplied by a factor of 1. 25 or such other factor as may be established as a policy of the City of Sanford at any future date. 3. In the event all construction of water and sewer lines, streets and drainage system is not completed within the times specified in this Agreement, the water and sewer service to said property shall be discontinued. It is the specific understanding of the parties hereto that time is of the essence in the performance of this Agreement. 4. The parties specifically agree that Developer shall not have the right to assign its rights under this Agreement to any other party. IN WITNESS WHEREOF, the parties hereto have hereunto set their May , A. D., 1975. CITY OF S~~.., D '#--0/ BY: tA,-/ ::.-~'L-'---- Mayor hands and seals this 19th day of Attest: .~~U--i};JEAf ~- ,eUv, e rk ___ (.' J/ ; ;t -2- .. TIME CONSTRUCTION COMPANY OF FLORIDA, INC. ~// ~~ &~ A(::t , .: /L'~_,/~/ d Hrr:c.r- ~ STATE OF FLORIDA COUNTY OF SEMINOLE CJ.- \.,. I HE RE BY CERTIFY that on this / q ---/ day of .rvcvl A. D., 1975. before me personally appeared Lee P. Moore and H. . Tamm, Jr., Mayor and City Clerk respectively of the City of Sanford, Florida,a municipal corporation, to me known to be the persons described inand who executed the foregoing instrument and severally acknowledged the execution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; that they affixed thereto the official seal of said municipal corporation and the said instrument is the act and deed of said municipal corporation. WITNESS my hand and official seal at Sanford, Seminole County, Florida, this ,/ cr day of ~c,-t. ' 1975. t ~.c__ ~" ~w~~J-~ My Commission Expires: J..f- Ie. - 77 Notary Public - State of Florida STATE OF F~DA COUNTY OF ~ J2~ LA 'C:;/--- I HEREBY CERTIFY that on this /1-;::::: day of '--r::rlC<-<;( A.,~D.,. 1975, b~fore me personally appeared ~?J~ Ie (~\.-v~, U~ and vC'.:;(/J-V /1, ij c.l.d...c>-,/V...A , - and respectively of Time Construction Company of Florida, Inc.. a Floriqa corporation, to me known to be the persons described in and who executed the foregoing instrument and severally acknowledged the execution thereof to be their free act ann deed as such officers for the uses and purposes therein mentioned; that they Ci.ffixed thereto the official seal of said corporation and the said instrument is the act and deed of said corporation. WITNESS my hand and official seal at ~~: , said County and State. this /r/!!:' day of "-;1''1n._,() , 1975. .., 1 / '- .J. /'- /1 Y:-~=e.....-' 7'"Y\..;', tl..' 'i..!.-r-~~ Notary Public - State of Florida My Commission Expires: 1/ -' / 0 ~ '7 -; -3- . AGREEMENT THIS AGREEMENT" made and entered into this 19th day of May " A. D... 1975.. by and between the CITY OF SANFORD, hereinafter called the "City"" and TIME CONSTRUCTION COMPANY OF FLORIDA, INC... a Florida corporation. hereinafter called the "Developer'l; WHEREAS" Developer has a Contract to purchase from Newburgh Development Corporation the following described property: Being a portion of Section 13.. Township 20 South.. Range 30 East" County of Seminole.. described as follows: The NE 1/4 of the SW 1/4 of said Section 13. less the westerly 33 feet for road purposes" and also that portion of the SW 1/4 of the NW 1/4 of said Section 13.. less State Road 427 right of way. and WHEREAS.. that certain Contract dated October 15.. 1973, between the City of Newburgh Development Corporation was rescinded by official action of the City Commission of the City of Sanford on Monday" May 12. 1975. and WHEREAS.. in order to develop the above described property the Developer will need sewer and water service to accommodate the construction of one hundred twenty five (125) single family units, and the City of Sanford is in a position to and is agreeable to furnishing such utilities in accordance with the terms and provisions hereinafter set forth. NOW THEREFORE" in consideration of the mutual benefits to be derived by the parties hereto and the mutual covenants hereinafter specified the parties hereto agree as follows: 1. Developer shall within six (6) months of the date of this Agreement construct water lines and sewer lines in accordance with the standard specifications of City from that certain property presently owned by Dreyfus Interstate Develop- ment Corporation into the above described property.. it being specifically -1- understood by the parties that said construction be seventy (70%) percent complete within six months of the date of this Agreement. In addition to the water and sewer lines, Developer agrees to construct streets and a drainage system in accordance with the standard specifications of the City throughout the development of the above described property, said construction to be substantially completed within eighteen (18) months of the date of this Agreement. That all costs for the installation of the water and sewer lines. streets and drainage system shall be paid for solely by Developer. 2. City agrees to provide sufficient water and sewer service to se rvice one hundre d twenty five (125) single family dwe lling units on the above described property. The monthly utility rate for such water and sewer service shall be the standard rate charged by the City for service of utilities situated within the city limits of the City of Sanford multiplied by a factor of 1.25 or such other factor as may be established as a policy of the City of Sanford at any future date. 3. In the event all construction of water and sewer lines, streets and drainage system is not completed within the times specified in this Agreement, the water and sewer service to said property shall be discontinued. It is the specific understanding of the parties hereto that time is of the essence in the performance of this Agreement. 4. The parties specifically agree that Developer shall not have the right to assign its rights under this Agreement to any other party. IN WITNESS WHEREOF, the parties hereto have hereunto set their May . A. D., 1975. hands and seals this 19th day of d~' ,- ...'. ",,--/ /~4e'I/~~ City E-0k/"./ ;{; ,{Cc.~.(' - CITY OF SAN:tOR'b / ,/ ;-7 'I.,.... </tj ;, , '/ BY' i I.. / -:', ...R.v,.,_... . ~~ /,-\_ v ,,",.< .~'r4.",,__ Mayo r Attest: :~ -2- A tte qt.: ,,// ) /;!:' /' ,',' .--/-;:' ( '/ ~ ///' , / .- ./ ?~ /" L--/ ~ 1'\ ,.."c:. "?::(...' ~~ ,.,~---. TIME CONSTRUCTION COMPANY OF FLORIDA, INC. //) / // /:/ BY: h~ d:'__{~ ffi'1c.o --.-;::/ y ,r ,,/ STATE OF FLORIDA COUNTY OF SEMINOLE I HEREBY CERTIFY that on this 11(,; day of 7-':1\ ..:~ A. D., 1975, before me personally appeared Lee P. Moore and H. . Tamm, Jr., Mayor and City Clerk respectively of the City of Sanford, Florida,a municipal corporation, to me known to be the persons described inand who executed the foregoing instrument and severally acknowledged the execution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; that they affixed thereto the official seal of said municipal corporation and the said instrument is the act and deed of said municipal corporation. WITNESS my hand and official seal at Sanford, Seminole County, Florida, this : tJ'-:': 'day of /!jCC\~ ' 1975. :; .. . \. . i\ C;i[L ~.,.';<'\,.! r' -t: ~ _ 1,1....:;, Notary Public - State oe Florida My Commission Expires: ./f.--II", .. "j 7 STATE OF FLORIDA COUNTY OF ,,",..J~'JVV~1.,L ~ "ij..~- t;'l / ,) '" I HE RE BY CE RTIFY that on this /7 .::day of ",I' c, A--:t AJ D., 1975, before me personally appeared '-_rt,;.c.~(fi-. t.~~, (~ d ~ and J'y ,t) U/'>'I) v d r'/,;:l.-VI.-cc(/ (<.l ,(./<:~13L-~= ' , an respectively of Time Construction Company of Florida, Inc., a Florida corporation, to me known to be the persons described in and who executed the foregoing instrument and severally acknowledged the execution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; that they affixed thereto the official seal of said corporation and the said instrument is the act and deed of said corporation. WITNESS my hand and official seal at , xsr;~7~/JcfJ ' said County and State. this /6/;:' day of 'th. {u- ' ., 1975. '1 tJ!'- ~~~ y'/V, r::.~'2~",-r:,d_0 Notary Public - State of Florida My Commission Expires: ~//'~ '0- 7 -; -3-