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4580a Alternative Tax Relief Econ Dev Program Grant ApplicationCITY OF SANFORD ALTERNATIVE TAX RELIEF (REBATE) ECONOMIC DEVELOPMENT PROGRAM GRANT APPLICATION (There is no entitlement to any reward, but the City encourages applications and the opportunity to work with applicants. If an award is approved to be granted, the applicant shall be required to enter a performance agreement with the City.) (If any documents attached to this application are asserted to be confidential or exempt under the Public Records Laws of the State of Florida; the specific statutory citation must be asserted in a statement issued by the applicant's legal counsel). DATE RECEIVED: REFERENCE:— (The above to be completed by City staff.) APPLICANT BASIC INFORMATION: APPLICANT NAME: DK Sanford, LLC CONTACT PERSON (if an entity): James D. Palermo ADDRESS: 15436 N. Florida Ave, Suite 200 CITY: Tampa STATE: – FL ZIP: 33613 TELEPHONE: 813-676-7677 FAX: EMAIL ADDRESS: ipalermo@debartoloholdin-gs.com APPLICANT BUSINESS STRUCTURE: (Please check all that apply.) ❑Sole proprietorship/individual State: OrLimited Liability Company State: Florida ❑ Other State: Page 1 of 8 OCorporation State: ❑ Partnership Type: State: PROJECT SITE INFORMATION: Address: Corner of 46 & MLK Blvd City: Sanford State: FL Zip: 32771 Tax Parcel ID: Current - 26-19-30-5AE-4900-0000,26-19-30-5AE-490A-0000, 27-19-30- 501-0000-0080, 27-19-30-300-0040-0000, 26-19-30-5AE-660A-0000. THE SITE WILL BE PLATTED INTO TWO PARCELS IN CONJUNCTION WITH THE APPROVAL OF THE SITE CONSTRUCTION PLANS, A COMMERCIAL OUT -PARCEL WILL CONSIST OF APPROXIMATELY +/-2.0 ACRES AND MULTIFAMILY RESIDENTIAL PARCEL WHICH WILL CONSIST OF APPROXIMATELY +/- 10.5 ACRES (EXHIBIT A). WE ARE SEEKING THE ALTERNATIVE TAX RELIEF FOR THE FUTURE MULTIFAMILY RESIDENTIAL PROPERTY ONLY. BASE REAL PROPERTY VALUE: Most recent City Taxable Value $2,245,592 Year: 2020 Maximum New Investment Value +/- $49,500,000 Certified by a licensed Florida Engineer or Architect $ PROJECT DESCRIPTION: DK Sanford, LLC, a Florida limited liability company, in partnership with Transit Properties, LLC, a Florida limited liability company, are pleased to present Seminole Station Apartments for consideration in establishing a public private partnership by way of approval to participate in the City's Alternative Tax Relief Economic Development Program. Seminole Station Apartments represents an opportunity to develop a +/-10.53 acre vacant parcel located directly across from the Sanford SunRail Station. The proposed development will bring a minimum of 295, class W, market rate, multifamily residences to the site located at the corner of S.R. 46 and Martin Luther King Jr. Blvd. Current plans reflect four residential buildings with elevator access, and parking provided by both surface spaces and private garages. Residents will have access to first class amenities, which include an integrated clubhouse with fitness facilities, co -working and remote working spaces, private offices, and recreational amenities. A resort style pool and deck will accommodate multiple cabanas, BBQ grilling stations, hammocks, and a fire pit. The community will offer secured access providing a level of comfort and safety featuring a video call box allowing residents to see a potential visitor prior to providing access. The current unit mix proposes 1 -bedroom, 2 -bedroom, and 3 -bedroom apartments with six townhomes located throughout the community. Unit amenities will include wood look flooring vinyl flooring in kitchen and wet areas, carpet in bedrooms, LED lighting, in unit washer and dryer, kitchen appliances, 9' ceilings with specific units having 12' ceilings, Page 2 of 8 ceiling fans in living rooms and bedrooms, and designer cabinet designs in kitchens and bathrooms. The total project development costs are estimated to be +/- $49.5 million, which shall be financed via a 60% third party first priority lien construction loan facility and +/- $19.6 million of owner/developer cash equity. With the approval of this application, construction could begin as early as 2Q21 and be completed by 4Q22. STATEMENT OF PROJECT BENEFITS TO CITY ("Benefits" means the value to the City of providing the Incentives, which generally includes: (A). Increased property values within the Incentive Area and the City as a whole; (B). Increased revenue from property taxes, business license fees and permit fees; (C). Increased tourism and commercial activity within the Incentive Area and the City as a whole; and (D). The improvement of the character of the City by preserving buildings within the Incentive Area and promoting the construction of new buildings.): The impact of the COVI D-1 9 pandemic to economies across the Country has presented several challenges to the development of new multifamily residential projects in the greater Orlando MSA. With unemployment rates in the Orlando -Kissimmee -Sanford area near Great Depression all-time highs, increased business closures, economic/political uncertainty, the rising cost of capital and construction materials, specifically lumber due to supply chain interruptions, increasing fixed property level expenditures including property insurance and reduced rents, have severely affected the feasibility of this project. By pursuing this public/private partnership with the City of Sanford and receiving the requested incentive, the project will remain viable. The project will provide much needed housing within the City of Sanford and offer the ability to increase SunRail ridership at the Sanford Station. The City will benefit by way of increased property values and thus tax revenues, payment of permit and impact fees, formation of over 295 households, the members of which will live and play within City limits frequenting bars, restaurants, and retailers further supporting the local economy, and stimulating further new development along S.R. 46. New commercial development has historically increased the value of properties within the surrounding area. In 2015, faculty and students from Florida State University examined and quantified property value changes associated with SunRail. The study found that "SunRail investments have catalyzed new development around stations and yielded measurable economic benefits in the form of property tax increases from new transit - oriented developments (TOD)," The team studied sixteen stations and noted $2.4 billion in cumulative property value growth from 2015 to 2018. The proposed project will build upon the SunRail investment and further increase property values as the community comes online and reaches stabilization. To make the improvements necessary to construct a portion of the Property, and receive the permits required to commence construction, it is estimated that the City will receive approximately $365,000 in site and building permit fees, $988,000 in water and sewer impact fees, and a combined $470,000 in parks, fire, and police impact fees. Page 3 of 8 STATEMENT OF HOW PROJECT MEETS CITY GOALS ("Goals" means the objectives of the City in offering the Incentives, which generally includes: (A). Promoting the construction of new building or the rehabilitation of existing buildings within the Incentive Area; and (13). Supporting the establishment of the categories of new businesses that will: (i). Significantly increase the overall commercial activity within the Incentive Area, (ii). Attract the City's residents and tourists into the Incentive Area, and (iii). Increase property values within the City as a whole.): As noted above, the project will assist the City in meeting their goals of growth and new construction as four apartment buildings with stand-alone private parking garages are proposed. The apartment buildings will contain 295 residential, market rate units with current projected average rent of $1,400 per month. As a collateral benefit, the construction activities will require the general contractor and subcontractor businesses to register with City of Sanford and apply for business licenses increasing commercial activity within the Incentive Area. Once completed, the increased resident base should bolster patronage to local businesses within the area. STATEMENT RELATING TO CREATION OF JOBS ("Job" means each new: (A). Full- time position or (13). Full-time equivalent position that is created as a direct result of the ongoing operation of a development. For the purposes of calculating the number of jobs created by a development, only those employed at businesses directly associated with the development at positions permanently located within the Incentive Area shall be considered.): The construction of the Project will generate full-time positions for an average of 81 general contractor and subcontractor employees for a period of eighteen (18) months. Subsequent to the completion of construction, and although not directly employed by the owner, the complete project will require the services of landscaping, routine maintenance subcontractors, cleaning staff, and others typically related to the operation of similar apartment complexes. The Property itself will create to create five to six new full-time positions upon receipt of Certificate of Occupancy for the clubhouse. These employees will be part of the third party property management team and consist of leasing agents, community managers, and property maintenance staff. STATEMENT RELATING TO REQUEST FOR INCENTIVE: The applicant requests a 100% tax rebate for 10 years from the date of the final certificate of occupancy. The approval of the requested Incentive will allow the applicant to secure financing and proceed with construction of the project. Recent changes to financial underwriting requirements in the Orlando market because of the economic impacts of COVID-1 9 have resulted in an inability to close the financing necessary to commence construction. To date, the applicant and City staff have worked hand in hand to identify areas of opportunity Page 4 of 8 as it relates to cost savings through redesign of the site, density and parking requirement adjustments, and construction value engineering. However, the approval of this incentive is necessary for the project to proceed. The applicant is requesting a rebate for a duration of ten (10) years to meet Federally mandated requirements of the Government Sponsored Enterprises (GSEs) Freddie Mac, Fannie Mae, and Ginnie Mae. The GSEs will not recognize any tax rebate unless there is specific documentation via local jurisdictional approval, which reflects a minimum 10 - year abatement/rebate. Meeting this threshold will allow the applicant to meet the financial underwriting requirements for the project and proceed with construction in 2021 as described herein. REQUIRED DOCUMENT CHECKLIST: nCertification by Applicant. FlApplication Authorization or Affidavit of Ownership. OSite plan, building plans, elevations and a detailed scope of work. El Business Plan. 0 Estimate by a Licensed Engineer or Architect certifying amount of new investment. El Most recent property tax bill and truth in millage statement. CERTIFICATION BY APPLICANT The applicant certifies that all information in this application, and all information furnished in support of this application, is given for obtaining funds from the City of Sanford Economic Development Alternative Tax Relief (Tax Rebate) Program and is true and complete to the best of the applicant's knowledge and belief. The applicant certifies that the applicant has read and is familiar with the requirements of the City's legislative actions authorizing the Program and that it will execute agreement with any ordinance granting the economic incentives applied for herein. If the applicant is not the owner of the property, or if the applicant is an organization rather than an individual, the applicant certifies that he/she has the authority to sign and enter into an agreement to perform the improvements on the property. Evidence of this authority must be attached. Page 5 of 8 Verification of any of the information contained in this application may be obtained from any source named herein. It is further understood that all information obtained will be held in strict confidence and used for no other purposes by the City of Sanford inconsistent with controlling law. I have received and reviewed the program guidelines prior to submitting this application. SIGNATURE: DATE: August 28, 2020 PRINTED NAME: o, Executive Vice President STATE OF FLORIDA COUNTY OF HILLSBOROUGH The foregoing instrument was acknowledged before me this 28th day of August, 2020 by James D. Palermo, Executive Vice President of DK Sanford, LLC, a Florida limited liability company who is personally known to me, OR who has produced as identiff5abon and did (did not) take an oath. u9 My commission expires: Print dd Name: Linda K. Pearce NOTARY PUBLIC UNDA K PEARCE Notary Public — State of Florida Commission I GG 139449 My Comm. Expires Oct 19, 2021 Bwded fl"Ugh Naomi Notm Asin, I 1 0 go No qW lop W, Page 5 of 8 PROPERTY ADDRESS: TAX PARCEL ID: 2C -Al' Signed and sealed in the presence of: z WIT NESt-#I-TSignature) PI -1 u 0 t) C- - V 71��011:11 — — f, ealz- WITNESS #2 (Signature) NAME PRINTED' STATE OF FLORIDA COUNTY OF SEMINOLE AFFIDAVIT OF OWNERSHIP C 3.-2 7-?! 5',9e- y900 -- 000 0, 1G -M - 30- 5W - *,)Iq —,90 Co 1.2-7-11 - 30-Sdi,011* .1? -11 - 30- 300 -0090-0000" ;C-/9-30 -SVC4164 --0000 le6411,111 (-/ �O� OWNER (Printed Name) OWNER(Signature) The foregoing instrument was acknowledged before me this � day of 2010 by_E(-'-"_V ) aJ W f�- who is personally known to me, or has produced f,--L� Lg as identification and did (did not) take oath. My commission expires: 6212.2�2tu— Printed Name: NOTARY PUBLIC *NOTE: If more than one owner please provide additional affidavit of ownership for each owner. Page 7 of 8 AUTHORIZATION TO APPLY 1, 4--alAl 611 y0lzX _, am the owner of the following described property: PROPERTY ADDRESS: 5, (z, LA(o � R -LV- p0joV , cprpL�, C—L, I do hereby authorize the following named individual or entity to apply for an Economic Development grant and enter into an agreement with the City of Sanford. AUTHORIZED REPRESENTATIVE: (IF APPLICABLE) /<"C (///,/ 6,-1YV12,,q PROPERTY OWNER (1) (Print Name) PROPERTY OWNS K (1) (Signature) STATE OF FLORIDA COUNTY OF SEMINOLE 1<'�'6-6-111WZ Q 4 "JzI164 PROPERTY OWNER (2) (Printed Name) PROPERTY OWNER (2) (Signature) The foregoing instrument was acknowledged before me this 2-q day of '� -Q b--OC'T , 20 9 0 by � (-' ,J ) -J \jJ 14,)-> P- , who is personally known to me, or who has produced i)fas identification and did (did not) take an oath. My commission expires: CQb 2_�26 ? 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N m E2 0 r a (D o a o '-0 E C: CL o �5 - 0 0) D CL E m .2 2 CL cu .2 , ca 0 0 0 CY) q 0 a)O) om -8a)>, T—— o=,= =m—oE 00)4)E 0 (0 r- a (D E E = Z m rn = 0 — =) CL m -0 0 0 4) 0) CL CL m c E 4--' 2 3: a 0 (D 0 m — z a) > ca M U) r- CL 0 (D 0 8 - — C: 0 2 0 S o r- 0 E N a) o 0 r- 42 cc 6 o .2- ,::E>, -6-.E E MWOOO= 0 0 -Q=*= -6e 0 = , .0 -= a co 0) - cu :E Co 0 m a) 0) 0 m CL 0 W a) (D o 4) 0 > o AD JOEL M. GREENBERU ZU19 bFMINULF UUUN I Y KCAL E61 A I E TAX BILL NUMBER 009806 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER ESCROW CD I IMILLAGE CODE 26-19-30-5AE-4900-0000 I APPLICABLE VALUES AND EXEMPTIONS BELOW 11S1 z V TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 11111111111111111111111111111113111111111111111111nn BILK 49 (LESS E 89.35 FT & RD) & E 15 FT OF VACD ST ADJ ON W & BLK 50 (LESS E 89.35 FT & S 455 FT) M M SMITHS SUBD PB 1 PG 55 PAD: OW 1ST ST COUNTY 4.8751 1,231,429 0 1,231,429 6,003.34 SCHOOL 6.1330 1,275,980 0 1,275,980 7,825.59 CITY SANFORD 7.3250 1,231,429 0 1,231,429 9,020.22 ST JOHNS WATER MANAGEMENT 0.2414 1,231,429 0 1,231,429 297.27 PAY ONLINE VVWKSEMINOLECOUNTY.TAX TOTAL MILLAGE 18.5745 1 TOTAL AD VALOREM TAXES $23,146.42 TOTAL NON -AD VALOREM ASSESSMENTS $.Do COMBINED TAXES AND ASSESSMENTS $23,146.42 See reverse side for important information. L0PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 22,220.56 22,452.03 22,683.49 22,914.96 23,146.42 JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 009806 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS ERTY I.D. NUMBER ESCROW CD MILEAGE CODE L�26E-19-30-5' AE-4900-0000 APPLICABLE VALUES AND EXEMPTIONS ABOVE 51 PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT R BILK 49 (LESS E 89.35 FT & RD) & E 15 FT OF VACD ST ADJ ON W & BILK 50 (LESS E 89.35 FT & S 455 FT) M M TRANSIT PROPERTIES LLC SMITHS SUBD PB 1 PG 55 1205 STELLAR DR PAD: 0 W 1ST ST OVIEDO FL 32765-9675 FOR PROCESSING PURPOSES, PLEASE DO NOT WRITE ON THIS NOTICE. PAY IN U.S_ FUNDS TO JOEL PIM- GRFFNRFRG SFIlMINOLF COUNTY TAX COI. I FCTOR • P-0- ROX 636 « SANFORD. FI 39772-6630 LONPAYONLYBY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 E AMOUNT 22,220.56 22,452.03 22,683.49 22,914.96 23,146.42 '111111I 11111111 jr': JOEL M GREENBERG ZU19 6EMINULL C;UUN I Y KCAL E61 A It TAX BILL NUMBER 009807 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER ESCROW CD MILLAGE CODE 26-19-30-5AE-490A-0000 APPLICABLE VALUES AND EXEMPTIONS BELOW S1 R E 89.35 FT OF ELKS 49 & 50 (LESS S 455 FT OF BLK 50) & ALL BLK 98 M M 1 SMITHS SUED PB 1 PG 55 TRANSIT PROPERTIES LLC PAD: 0 46 SR 1205 STELLAR DR OVIEDO FL 32765-9675 COUNTY 4.8751 958,974 0 958,974 4,675.09 SCHOOL 6.1330 958,974 0 958,974 5,881.39 CITY SANFORD 7.3250 958,974 0 958,974 7,024.48 ST JOHNS WATER MANAGEMENT 0.2414 958,974 0 958,974 231.50 PAY ONLINE WVVW. SEMINOLECOUNTY.TA TOTAL MILLAGE 18.5745 1 TOTAL AD VALOREM TAXES $17,812.46 111HEIRMEM TOTAL NON -AD VALOREM ASSESSMENTS $,00 COMBINED TAXES AND ASSESSMENTS $17,812.46 See reverse side for important information. PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 17,099.96 17,278.09 17,456.21 17,634.34 17,812.46 JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 009807 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER ESCROW CD MILLAGE CODE 26-19-30-5AE-49OA-0000 APPLICABLE VALUES AND EXEMPTIONS ABOVE S1 PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT R E 89.35 FT OF ELKS 49 & 50 (LESS S 455 FT OF BLK 50) & ALL BLK 98 M M SMITHS SUBD PB 1 PG 55 TRANSIT PROPERTIES LLC PAD: 0 46 SR 1205 STELLAR DR OVIEDO FL 32765-9675 FOR PROCESSING PURPOSES, PLEASE DO NOT WRITE ON THIS NOTICE, PAY IN LLS_ FUNDS TCS .JOEL M. GRFFNRFRG_ SFMINOI..F COUNTY TAX COLLFCTOR a P -O_ BOX 6.10 a SANFORD. FL32772-0630 PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 17,099.96 17,278.09 17,456.21 17,634.34 17,812.46 JOEL M. URF NBERU 2U19 6LMINULL UUUN I Y KCAL E61 A I I= TAX BILL NUMBER 009822 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER ESCROW CD MILLAGE CODE 26-19-30-5AE-66OA-0000 APPLICABLE VALUES AND EXEMPTIONS BELOW S1 R N10FTOFE1/2 OFBLK66MM SMITHS SUBD PB 1 PG 5 PAD: 0 W AIRPORT BLVD TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 COUNTY 4.8751 2,523 0 2,523 12.30 SCHOOL 6.1330 2,523 0 2,523 15.47 CITY SANFORD 7.3250 2,523 0 2,523 18.48 ST JOHNS WATER MANAGEMENT 0.2414 2,523 0 2,523 .61 PAY ONLINE WWW.SEMINOLECOUNTY.TAX TOTAL MILLAGE 18.5745 TOTAL AD VALOREM TAXES TOTAL NON -AD VALOREM ASSESSMENTS $.DO COMBINED TAXES AND ASSESSMENTS $4.6,$6 See reverse side far importan#information. PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 44.99 45.45 1 46.39 46.86 JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 009822 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER ESCROW CD I MILLAGE CODE 26-19-30-5AE-66OA-0000 I APPLICABLE VALUES AND EXEMPTIONS ABOVE IS1 R PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 N 10 FTOFE 1/2 OFBLK66MM SMITHS SUBD PB 1 PG 5 PAD: 0 W AIRPORT BLVD PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 44.99 45.45 45.92 46.39 46.86 JOEL M. UREENBERG ZUl �J bFMINULF UUUN I Y KtAL 1=6 1 A I F TAX BILL NUMBER 010078 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS r-- PROPERTY I.D. NUMBER ESCROW CD I I MILLAGE CODI 27-19-30-300-0040-0000 1 APPLICABLE VALUES AND EXEMPTIONS BELOW I Sl [a TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 SEC Z7TVVP13GRGE8OEBEG 4O2FTN &25FTVVOFE1NCOR RUN VV3O5FT N15FTE305FT8TD BEG PAD: OVVAIRPORT BLVD COUNTY 4.8751 7,377 V 7,377 35.96 SCHOOL 6.1930 19,215 V 19'215 117.85 CITY SANFORD 7.325$ 7,377 O 7,377 54.0 ST JOHNS WATER MANAGEMENT 0.2414 7,377 0 7,377 1.78 PAY ONLINE WWW.SEMINOLECOUNTY.TAX I TOTAL MILLAGE 18.5745 1 TOTAL AD VALOREM TAXES $209.63 VALOREM ASSESSMENTS $.00 ) See reverse side for COMBINED TAXES AND ASSESSMENTS $209.63 important information. PAY ONLY BY NOV 30 BY DEC 31 BY JAN 3 BY FEB 29 BY MAR �31 1 1 63J �MOUNT� 201.24 203.34 205.44 207.53 209.63 JOEL M.GREENBERG 2U19SEM|NOLECOUNTY REAL ESTATE TAX BILL NUMBER O1UV78 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS ��PROPERTY I.D. NUMBER ESCROW CD I I MILLAGE COD 30-300-0040-0000 1 APPLICABLE VALUES AND EXEMPTIONS ABOVE I Sl R PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 SEC 27TVVP19GRGE3OEBEG 4O2FTN &25FTVVOFE1NCOR RUN VV3O5FT N 15 FTE305FTSTO BEG PAD: OVYAIRPORT BLVD PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 201.24 203.34 205.44 20753 209.63 JOEL M. GRE NBERG 'LUIU SLIVIINULL UUUN I Y KCAL E61A1 L TAX BILL NUMBER 010093 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER ESCROW CD MILEAGE CODE 27-19-30-501-0000-0080 APPLICABLE VALUES AND EXEMPTIONS BELOW S1 R PAY ONLINE WWW.SEMINOLECOUNTY.TAX TOTAL MILLAGE 18.5745 TOTAL AD VALOREM TAXES $1,364.92 TOTAL NON -AD VALOREM ASSESSMENTS $,00 COMBINEDTAXES AND ASSESSMENTS $1,364,92 See reverse side for important information, PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 1,310.32 1,323.97 1,337.62 1,351.27 1,364.92 JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 010093 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER I ESCROW CD MILLAGE CODE 27-19-30-501-0000-0080 1 1 APPLICABLE VALUES AND EXEMPTIONS ABOVE IS1 0 TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 LOTS 8 & 9 & THAT PT OF VACD ST ADJ ON W WALTER SUED PB 10 PG 13 PAD: 0 WILLIAMS AVE r- .,.• --r 4 rs r • r BY NOV 30 LOTS 8 & 9 & THAT PT OF VACD ST BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT ADJ ON W WALTER SUBD PB 10 PG 13 1,323.97 yrs 1,364.92 PAD: 0 WILLIAMS AVE TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 AD VALOREM TAXES � m VIII p � 0 / / fflr��E � 6@ COUNTY 4.8751 45,962 0 45,962 224.07 SCHOOL 6,1330 129,314 0 129,314 793.08 CITY SANFORD 7.3250 45,962 0 45,962 336.67 ST JOHNS WATER MANAGEMENT 0.2414 45,962 0 45,962 11.10 PAY ONLINE WWW.SEMINOLECOUNTY.TAX TOTAL MILLAGE 18.5745 TOTAL AD VALOREM TAXES $1,364.92 TOTAL NON -AD VALOREM ASSESSMENTS $,00 COMBINEDTAXES AND ASSESSMENTS $1,364,92 See reverse side for important information, PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 1,310.32 1,323.97 1,337.62 1,351.27 1,364.92 JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 010093 SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS PROPERTY I.D. NUMBER I ESCROW CD MILLAGE CODE 27-19-30-501-0000-0080 1 1 APPLICABLE VALUES AND EXEMPTIONS ABOVE IS1 0 TRANSIT PROPERTIES LLC 1205 STELLAR DR OVIEDO FL 32765-9675 LOTS 8 & 9 & THAT PT OF VACD ST ADJ ON W WALTER SUED PB 10 PG 13 PAD: 0 WILLIAMS AVE r- .,.• --r 4 rs r • r BY NOV 30 r • r• • • s • • r ♦ r r N BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 1,310.32 1,323.97 1,337.62 1,351.27 1,364.92 PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31 ONE AMOUNT 1,310.32 1,323.97 1,337.62 1,351.27 1,364.92 1 11 11 1 1 111111»1 111111111 11111 1111 1 '» MIJ rd -lo N TRANSIT STATION APARTMETS DRAFT ORGANIZATIONAL CHART 6748000v1 100% 100% TRANSIT PROPERTIES, LLC 6748000vI