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514-McDonald's Corporation RECEIVED ' APR 11 1994 MEMORANDUM ~a~J-de~iverea CITY OF SANFORD TO: City of Sanford (Attn: Bill Simmons) FROM: McDona 1 d ' s Corporat i on DATE: April 8, 1994 RE: Vacation of Alley This letter Will hopefully formalize our understanding with regards to the Vacation of the Alley outlined in red as shown on Exhibit "A" attached. As you know, McDonald's Corporation is the Contract Purchaser for all of the property adjacent to the Alley as outlined in blue as shown on Exhibit "A". Therefore, we are requesting the following action be considered by the City Commissioners. The City of Sanford agrees to conclude the public portion of the Alley Vacation process on Monday, April 11, 1994 and will make a final Vacation Decree Upon completion of the following two actions. 1. McDonald's Corporation provides adequate proof to the City of Sanford that McDonald's Corporation or its assigns have obtained fee simple ownership to all the adjacent land surrounding the alley shown on Exhibit "A". 2. That McDonald's Corporation shows satisfactory proof to the City of Sanford that it has relocated or abandoned, as the case maybe all utilities located in the above mentioned alley. McDonald's reserves the right to bond over the above described work which will serve to satisfy this condition Upon the completion of the above two conditions, the City of Sanford agrees to complete the Alley Vacation process and when complete will release the Alley property free of all rights and easements to McDonald's so as to allow the completion of McDonald's proposed project. ACKNOWLEDGED: ~,7-r ,~r~ eal tat Title LEGAL DESCRIPTION 'T~e West ¼ of be 4 and all of Lot 5, Block 3, Tier 9 of Town of Sanford,' according to the plat thereof, as recorded in Plat Book ], Pages 56 through 64, of the Public Records o~ Seminole County, Florida. That par~ of the alley way lying West of Lots 6 and 7 and East of Lots 8 and 9, all being in Block 3, Tier 9, of E.R. Traffords Map of the Town of Sanford as recorded in Plat Book 1, Page 61 of the Public Records of Seminole County, Florida; being more particularly described as follows: Begin at the Southeast corner of Lot 9, Block 3, Tier 9, of E.R. Traffords Map of the Town of Sanford as recorded n Plat Book 1, Page 61 of the Public Records of Seminole County, Florida, and run North 00° 01' 57" East along the West line of Lots 9 and B for a distance of 122.22 feet to the Northeast corner of said Lot 8; thence run North 89° 56' 47" East for a distance of 14.00 feet to the Northwest corner of Lot 6, Block 3, Tier 9; thence run South 00° 01' 57" West along the West line of Lots 6 and 7 for a distance of 122.22 feet to the Southwest corner of said Lot 7; thence run South 89° 56' 15" West, 14.00 feet to the POINT OF BEGINNING. ' ' T94~A27