1889 Safari Investments LLC Reclaimed Water SystemTRANsmITTAL MEMORANDUM
TO: City Clerk's Office
E: Safarai Investments, LLC Sanford Reclaimed Water System Facility Agreement
The item(s) noted below is/are attached and forwarded to your office for the following action(s):
❑
Development Order
❑
❑
Final Plat (original mylars)
❑
❑
Letter of Credit
❑
❑
Maintenance Bond
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Ordinance
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❑
Performance Bond
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Resolution
Once completed, please:
❑ Return
❑ Return copy
El
Special Instructions:
Safe keeping for Bill Marcous!
Mayor's signature
Recording
Rendering
Safe keeping (Vault)
12/19/17
Date
THIS AMENDMENT (hereinafter referred to as the "Amendment") is to the "City
Of Sanford agreement with Safari Investments, LLC, dated October 16, 2017'
((hereinafter referred to as the "Agreement") is made and entered into this Cday of
December, 2017, by and between the City of Sanford, a municipality of the State of
Florida, whose address is 300 North Park Avenue, Sanford, Florida 32771, hereinafter
referred to as "City," and Safari Investments, LLC, a Florida limited liability corporation,
whose address is 225 S. Westmonte Drive Suite 2040, Altamonte Springs, FL 32714,
hereinafter referred to as "Owner".
WHEREAS, the Owner and the City entered into the Agreement on October 16,
20172; and
WHEREAS, the Agreement is in place and effective and subject to the
Amendment set forth herein with the parties being in good standing thereunder; and
WHEREAS, Section 23 of the Agreement, as amended, provides that
amendments to the Agreement, as amended, may on be made by formal written
amendment to the Agreement; and
WHEREAS, the parties are desirous of amending the Agreement as set forth
herein.
1 Notwithstanding the other dates referred to in the commencement of the document and signature date of the City.
The stated date is the date the document was executed by Safari Investments, LLC.
2 See Footnote 1.
1
NOW, THEREFORE, in consideration of the mutual covenants and agreement
herein made and other good and valuable consideration, the receipt and sufficiency of
which is acknowledged, the Owner and City agree as follows:
Section 1. Incorporation Of Recitals. The above recitals (whereas
clauses) are true and correct and are incorporated herein by reference.
Section 2. Amendment Of Agreement. The provisions of Subsection 2(a)
of the Agreement are amended as follows:
(a). On or before January 30, 2018 the Owner shall place the sum of
$239,363.53, (hereinafter the "Owner's Contribution") into an interest bearing escrow
account, as practicable, maintained by Stenstrom, McIntosh, Colbert & Whigham, P.A.
(hereinafter the "Escrow Agent"). The Escrow Agent shall provide a receipt for such
funds detailing the scope and conditions of the agency.
Section 3. Effect Of Amendment. This Amendment shall take effect upon
full execution hereof by the City and the Owner. All other terms and conditions of the
Agreement, as amended, shall remain in effect and binding and the Agreement, as
amended, and this Amendment shall be read in harmony and in parr materia.
In Witness Whereof, the City and the Owner have caused this Amendment to
be duly executed by their duly authorized representatives as of the dates written below.
SIGNATURE BLOCKS FOLLOW:
2
Attest.-
kP1'1W'A_
MohajA
dj 1-
T i Jaffer, Manager
Attest.,
Cynthia Porter, City Clerk
For the use and reliance of the City of
Sanford only. Approved as to form
and legal sufficiency.
'William L. Colbert
City Attorney
Safari Investmen
By:
Sado J aff g ,
Date: al"'6 "Ic
City Of Sanford
By:
Jeff Triplett Mayor
Date:—/ Z-1 t—l't I
Acceptance of Escrow Agent:
William L. Colbert
Stenstrom, McIntosh, Colbert &
Whigham, P.A.