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HomeMy WebLinkAboutSettlement of ClaimsIn re ) GENERAL DEVELOPMENT ) CORPORATION, et al., ) Debtors. ) UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF FLORIDA CHAPTER 11 JOINTLY ADMINISTERED CASE NO. 90-12231-BKC-AJC ORDER APPROVING SETTLEMENT OF CLAIMS OF THE CITY OF SEBASTIAN (Claim No. 54383) (Claim No. 52734) (Claim No. 52736) (Claim No. 52735) THIS CAUSE came before the Court for hearing at the Status Conference on February 18, 1992, at 2:00 p.m., upon the Motion to Approve Settlement of Claims of the City of Sebastian filed by GENERAL DEVELOPMENT CORPORATION ( "GDC") , Debtor and Debtor in Possession (C. P. 32-17 ) , pursuant to Federal Rules of Bankruptcy Procedure 9019(a), 2002(a)(3) and 9006(c). By way of the Motion, GDC seeks the entry of an order approving the proposed settlement as set forth in the Settlement Agreement, a true and correct copy of which is attached as Exhibit "A" to the original of this Order, settling the above -captioned claims (the "Claims") filed by the City of Sebastian (the "City"), as provided in Section 5.8(b) of the Debtor's Second Amended Joint Plan of Reorganization (the "Plan"). The Court having read and considered the Motion, heard the argument of counsel and otherwise been duly advised in the premises, finds and determines that sufficient notice of the Motion and the hearing have been given, no objections to the proposed 9 . settlement have been filed, that approval of the Settlement Agreement is in the best interests of GDC, its estate and its creditors, and that good cause appears therefor. Accordingly, it is ORDERED AND ADJUDGED as follows: 1. That the Motion be and hereby is GRANTED in its entirety, and the Settlement Agreement be and hereby is APPROVED in all respects; 2. That GDC be and hereby is authorized to undertake and perform all acts reasonably necessary to comply with the terms of the Settlement Agreement, including but not limited to the execution, delivery, receipt and exchange of documents, and GDC and the City are directed so to comply; 3. That GDC be and hereby is directed to convey the GDC Conveyance Parcels (as defined in the Settlement Agreement) pursuant to Section 5.8(b) of the Plan and 11 U.S.C. § 1146(c); 4. That in accordance with Section 5.8(b) of the Plan, the conveyance of the GDC Conveyance Parcels shall constitute an "alternative distribution" in respect of the City's Claims, and the City shall accept delivery of the GDC Conveyance Parcels and the other consideration furnished by GDC pursuant to the Settlement Agreement in full and complete satisfaction of the Claims and in lieu of any other dividend, distribution or other treatment under the Plan; 5. That in accordance with paragraph 8 of the Settlement Agreement all outstanding ad valorem real property 2 taxes, interest payments, and penalties with respect to the GDC Conveyance Parcels shall be paid by GDC prior to closing; 6. That in accordance with paragraph 12 of the Settlement Agreement the City and GDC shall each be responsible for one-half of the cost of the commitment for title insurance with respect to the GDC Conveyance Parcels; and 7. That the Court hereby retains exclusive jurisdic- tion to the full extent provided in the Plan, as amended from time to time, for the purposes of construing, interpreting and enforcing the terms of the Settlement Agreement. DONE AND ORDERED at Chambers in Miami, Southern District of Florida, this 4e day of February 1992. A. SAYC"�STOO. UNITED STATES BANKRUPTCY JUDGE Copies furnished to: Mark D. Bloom, Esq. Robert S. McClary City Manager Richard E. Torpy, Esq. (Attorney Bloom is directed to serve conformed copies of this Order upon all parties identified on the attached Service List, imme- diately upon receipt thereof.) 3 SETTLEMENT AGREEMENT THIS AGREEMENT is made and entered into this 16 day of 'anuary , 199 2, by and between THE CITY OF SEBASTIAN (the "City") and GENERAL DEVELOPMENT CORPORATION, a Delaware corporation, as Debtor -in -Possession ("GDC") under U.S. Bankruptcy Court {the "Court") Case No. 90-12231-BKC-AJC (the "Bankruptcy Case"). W I T NNS S E T H: WHEREAS, GDC is the owner of certain property described in Exhibit "A" attached hereto (the "GDC Conveyance Parcels"); WHEREAS, GDC may have certain obligations to the City more particularly described in Exhibit "B" attached hereto (the "GDC obligations"); WHEREAS, GDC and the City have agreed to the conveyance of the GDC Conveyance Parcels to the City and to other, items as set forth below all in resolution of certain matters between themselves, as herein provided, and desire to confirm certain other agreements and understandings between themselves. NOW THEREFORE, in consideration of the premises, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties, intending to be legally bound, hereby agree as follows: 1. Recitals. The above recitals are true and correct and are.hereby incorporated by reference as if fully set forth herein. 2. Conveyance. GDC hereby agrees to convey the GDC Conveyance Parcels to the City, which the City agrees to accept as its treatment under the plan of reorganization of GDC (the "Plan"), in full and complete satisfaction of the proof of claim filed by Exhibit "A" _ the City in the Bankruptcy Case (the "Proof of Claim") (the City hereby waiving and releasing any right the City may have to receive any other or additional distribution under the Plan), and, additionally, in consideration for which the City agrees: (i) to irrevocably and unconditionally release GDC and its successors from any and all of the GDC Obligations, including, but not limited to, any obligations associated with, connected to or arising from the Proof of Claim (which shall include as applicable, the release by the City of the bonds posted by GDC with the City in connection with the GDC Obligations (the "Bonds1l)); and (ii) to assume the maintenance and operational responsibilities and obligations included within the GDC Obligations. 3. Title. At the closing under this Agreement, the City shall take title to the GDC Conveyance Parcels subject to the following (the "Permitted Exceptions"): (a) ad valorem real estate taxes for 1992 and subsequent years; (b) all laws, ordinances and governmental regulations, including, but not limited to, all applicable building, zoning, land use and environmental ordinances and regulations; (c) restrictions, reservations, easements, covenants, agreements, limitations and other matters appearing of record; and (d) matters which would be disclosed by an accurate survey of the GDC Conveyance Parcels. 4. Title Examination of GDC Conveyance Parcels. Within twenty (20) days from the date of this Agreement, the City shall procure, at its sole cost and expense, a commitment (the "Commitment") for title insurance issued by a nationally recognized title company for an owner's ALTA Form B Marketability title insurance policy for the GDC Conveyance Parcels. The City will have ten (10) business days following receipt of the Commitment within which to examine same. If, upon the examination of the Commitment, the City finds title to be defective (i.e. matters which render title unmarketable in accordance with the standards of the Florida Bar and are not Permitted Exceptions), the City shall, by no later than the expiration of such ten (10) day examination period, notify GDC, in writing, specifying the defect(s); provided that if the City fails to give GDC written notice of defect(s) before the expiration of said ten (10) day period, the defects shown in the Commitment shall, anything in this Agreement notwithstanding, be deemed to be waived as title objections to closing this transaction and GDC shall be under no obligation whatsoever to take any corrective action with respect to same nor to warrant title to same in its special warranty deed of conveyance. If the City has given GDC timely written notice of defect(s) and the defect(s) render the title other than as required by this Agreement, GDC shall use its reasonable efforts to cause such defects to be cured by the date of closing. In no event shall GDC be obligated to bring suit or to expend any sums of money to buy-out or settle any such lien, or 3 any other encumbrance or claim against the GDC Conveyance Parcels or to cure any other title defect. At GDC's option, the date of closing may be extended for a period not to exceed thirty (30) days for purposes of eliminating any title defects. In the event that GDC does not eliminate all timely raised title defects as of the date specified in this Agreement for closing, as the same may be extended under the preceding sentence, the City shall have the option of either: (i) closing and accepting the title "as is", without offset or deduction in consideration given to the City, or (ii) cancelling this Agreement, whereupon both parties shall be released from all further obligations under this Agreement. Notwithstanding the foregoing, in the event a title defect or objection affects only a portion of the GDC Conveyance Parcels (the "Title Defect Parcel"), and the value of the Title Defect Parcel is mutually agreed by the parties to be ten percent (10%) or less of the overall value of the Conveyance Parcels, then, unless GDC elects and is unable to cure such title defect, and subject to the City's reasonable approval, GDC may select and substitute a different parcel of land owned by GDC in the City of Sebastian of reasonably equivalent value for the Title Defect Parcel, which shall become part of the Conveyance Parcels. 5. Construction of Uncompleted Portions of Units 16 and 17. The city hereby agrees that GDC and its successors and/or assigns, at any time whatsoever in the future, shall have the absolute right to develop the remaining unconstructed portion of the Plats of Unit 16 and Unit 17 in accordance with the subdivision standards in 4 7 effect at the time that Unit 16 and Unit 17, as applicable, were platted, and the requirements of that certain Agreement dated as of August 15, 1979, between the City and GDC (the 1179 Agreement"), and in no event shall any higher or different standards or requirements ever be imposed by the City in connection with, or as a condition to, the development of said Unit 16 or Unit 17 (even if said Unit 16 or Unit 17, or .any portions) thereof, are replatted, no higher or different standards or requirements shall be imposed. Notwithstanding anything to the contrary contained in the foregoing, if any portion of Units 16 or 17 are replatted, and the purpose of replatting is other than to relocate or widen roads, or to locate or relocate stormwater drainage, the right of way and road and drainage requirements and standards in effect at the time that Unit 16 and Unit 17, as applicable, were platted, and the requirements of the 79 Agreement, as aforedescribed, shall be applicable, but the developer of said property (whether GDC or a successor thereof) shall otherwise be obligated to conform to all other applicable current standards or requirements). Without limiting the foregoing, the City acknowledges and agrees that the City shall never require any further dedication, conveyance or designation of land for parks, recreational or other public use to Unit 16, Unit 17, or any other plat already accepted by the City (a "Prior Plat") which is not already set forth in the applicable plat; provided, however, if in connection with the development of any Prior Plat, the appropriate governmental agency requires that any parcel of land within the Prior Plat be used for drainage purposes and such parcel has not already been designated for such purpose, GDC will convey such parcel to the City upon the condition that the City will assume maintenance and operation with respect to such Parcel upon such conveyance. 6. Fleming Street Extension. GDC agrees that, prior to developing the applicable portion of Unit 16, the developer of said property (whether GDC or a successor thereof) shall be obligated to replat said portion to create a right-of-way to extend Fleming Street from Chesser's Gap to the east boundary of Unit 16 (Block 517). It is the City's intention to ultimately extend Fleming Street from said point to U.S. #1. 7. Ouit claim Assignment of Easements on Shiloh Ranch Property and the Boy Scouts of America Prove=. At closing, GDC shall assign to the City by a quit -claim assignment, and on a non- recourse and non-exclusive basis, its rights under the grant of Easement between Shiloh Youth Ranch, Inc. and GDC recorded in Official Records Book 654, Page 1228, and Gulf Stream Council, Inc., Boy Scouts of America and GDC, recorded in Official Records Book 574, Page 2698. 8. Taxes. All outstanding ad valorem real property taxes, interest payments, and penalties with respect to the GDC Conveyance Parcels shall be paid by GDC prior to closing. 9. GDC19 Representations. GDC represents to the City as follows: (a) Authority of GDC. GDC is a corporation duly organized, validly existing and in good standing under C1 9 0 - the laws of the State of Delaware, and is duly authorized to transact business in the State of Florida. This Agreement is binding on GDC and enforceable against GDC in accordance with its terms subject to the provisions of paragraph 14 below. (b) FIRPTA. GDC is not a "foreign person" within the meaning of the United States tax laws and to which reference is made in Internal Revenue Code Section 1445(b)(2). At closing, GDC shall deliver to the City a certificate to such effect. lo. City's Representations. The City represents to GDC as follows: (a) Investigation. The City is a knowledgeable and sophisticated owner of real estate properties. The City has previously reviewed and considered the nature of this transaction and investigated the GDC Conveyance Parcels and all aspects of the transaction. The City has determined that the GDC Conveyance Parcels are satisfactory to the City in all respects and the City is acquiring the GDC Conveyance Parcels in "as is" condition. The City has and will rely solely on the City's own independent investigations and inspections, and the City has not relied and will not rely on any representation of GDC other than as expressly set forth in this Agreement (and provided that the City understands and agrees that none of the representations of GDC shall 7 survive the closing nor are intended to be relied upon by the City after closing). The City further acknowledges and agrees that, except for the specific representations made by GDC in this Agreement, GDC has made no representations, is not willing* to make any representations, nor held out any inducements to the City other than those (if any) exclusively set forth in this Agreement; and GDC is not and shall not be liable or bound in any manner by any express or implied warranties, guaranties, statements, representations or information pertaining to the GDC Conveyance Parcels, except as may be specifically set forth in this Agreement. (b) city's Authority. The execution, delivery and performance of this Agreement by the City have been duly authorized, and this Agreement is binding on the City and enforceable against the City in accordance with its terms. No consent of any other person or entity to such execution, delivery and performance is required. 11. Default. In the event of a default by either party under this Agreement, the non -defaulting party shall be entitled to all rights and remedies available at law or in equity. 12. Closing Costs, (a) The City and GDC shall each be responsible for one-half of the following costs: (i) the cost associated with issuance of the Commitment, the cost of obtaining any title insurance policy updates or reports on the GDC 8 • 0 Conveyance Parcels (all of which shall be calculated at minimum risk rate), and the premiums and any other related fees and costs for any owner's title insurance policy and/or report, (ii) conveyance and clerk's recordation fees for recording any deeds, easements and any and all other documents incident to consummation of the transaction contemplated hereby, (iii) the state documentary stamps and surtax due, if any, on the special warranty deed and easements to be delivered pursuant to this Agreement; and (iv) the recording costs of documents necessary to clear title at closing. The settlement contemplated by this Agreement and the conveyance of the GDC Conveyance Parcels to the City is a transfer pursuant to a plan of reorganization and therefore no documentary stamp taxes (or surtax) is payable on the deed of conveyance pursuant to 11 U.S.C. §1146. 13. closing. Subject to other provisions of this Agreement for extension, the closing shall be held on or before Febreary►f•�� 1992, at the offices of the attorneys for the City, Frese, Fallace, Nash & Torpy, P.A., at 930 S. Harbor City Blvd., Melbourne, Florida 32901. At closing, GDC shall execute and/or deliver (as applicable) to the City the following closing documents: (a) a special warranty deed conveying the GDC Conveyance Parcels subject to the Permitted Exceptions (and any other matters either consented to or not timely • 0 objected to by the City after the City's review of title pursuant to paragraph 4 above); (b) an affidavit of exclusive possession with respect to the GDC Conveyance Parcels; (c) a "non -foreign" affidavit or certificate pursuant to Internal Revenue Code Section 1445; (d) a mechanic's lien affidavit with respect to the GDC Conveyance Parcels; -and (e) a corporate resolution and/or such other evidence of authority and good standing with respect to GDC as may be reasonably required by the title insurance company issuing title to the City; At closing, the City shall execute and/or deliver (as applicable) to GDC: (a) a release in favor of GDC with respect to all GDC Obligations, including, but not limited to, the release of the Bonds, in form and content acceptable to GDC; (b) written acknowledgment of the City's assumption of obligations as described in paragraph 2 above, in form and content acceptable to GDC; (c) such documents as requested by GDC to withdraw or satisfy the City's Proof of Claim in the Bankruptcy Case with prejudice to any refiling or assertion of such claim in the Bankruptcy Case; 10 (d) a document, in recordable form, setting forth the rights granted to GDC in paragraph 5 above, in form and content acceptable to GDC; and (e) an appropriate resolution satisfactory to GDC confirming proper authorization for the City's execution of this Agreement and consummation of the transactions contemplated hereby (including, without limitation, the City's assumption of the GDC Obligations, as herein provided). At closing, the parties shall each execute such other documents as are reasonable necessary or appropriate to consummate the transactions contemplated by this Agreement. 14. Assignability. None of the parties to this Agreement shall be entitled to assign their rights hereunder. 15. Approval. The parties acknowledge and agree that this Agreement is subject to the approval of GDC management and GDC obtaining approval from GDC's Unsecured Creditors Committee (the "Committee") and the Court of this Agreement and the transactions contemplated hereby, including the conveyance to the City of the GDC Conveyance Parcels free and clear of all liens and encumbrances (other than the Permitted Exceptions). If for any reason the Court Fad. r... A 8 �a�"'` 1 •�t d•'l� has not approved this Agreement by , 1992, this Agreement shall be terminated, and both parties released from all further obligations under this Agreement, unless further extended by mutual written agreement of the parties. 0101 • 0- 16. Notices. Any notices required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been given on the date of delivery, if delivered by hand, sent by recognized overnight courier (such as Federal Express), or sent by written telecommunication (such as a telecopy of fax) or 3 days after mailing, if mailed by certified or registered mail, return receipt requested, in a postage prepaid envelope, and addressed as follows: If to the City at: City of Sebastian P. O. Box 780127 Sebastian, Florida 32978 Attn: Mr. Robert S. McClary, City Manager Telecopy No. (407) 589-5570 with a copy to: Richard E. Torpy Frese, Fallace, Nash & Torpy, P.A. 930 S. Harbor City Blvd. Melbourne, Florida 32901 Telecopy No. (407) 951-3741 If to GDC at: General Development Corporation 2601 South Bayshore Drive Miami, Florida 33133 Attn: Saul Sack, Esquire Telecopy No.: (305) 859-4360 with a copy to: General Development Corporation 9801 South.Federal Highway Port St. Lucie, Florida 34952 Attn: Ralph (Cap) Cain, III Assistant Vice President Community Affairs Telecopy No.: (407) 335-5926 copies of all notices shall be given to: Maguire, Voorhis & Wells, P.A. 2 South Orange Avenue Orlando, Florida 32801 Attn: Dwight D. Saathoff, Esq. Telecopy No.: (407) 423-8796 12 17. Radon Ga—s. RADON IS A NATURALLY OCCURRING RADIOACTIVE GAS THAT, WHEN IT HAS ACCUMULATED IN A BUILDING IN SUFFICIENT QUANTITIES, MAY PRESENT HEALTH RISKS TO PERSONS WHO ARE EXPOSED TO IT OVER TIME. LEVELS OF RADON THAT EXCEED FEDERAL AND STATE GUIDELINES HAVE BEEN FOUND IN BUILDINGS IN FLORIDA. ADDITIONAL INFORMATION REGARDING RADON AND RADON TESTING MAY BE OBTAINED FROM YOUR COUNTY PUBLIC HEALTH UNIT. [NOTE: THIS PARAGRAPH IS -PROVIDED FOR INFORMATIONAL PURPOSES PURSUANT TO SECTION 404.056(8), FLORIDA STATUTES, (1988).] 18. Miscellaneous. (a) The City acknowledges that GDC shall endeavor to consult with the Committee appointed in the jointly administered Chapter 11 case of GDC, and such Committee's counsel, with respect (but not limited) to the Release. (b) Nothing contained in this Agreement shall be construed as an acknowledgment or agreement from GDC or the City as to the actual amount owing by GDC to the City under the GDC Obligations. The parties agree that if the closing does not occur for any reason, neither party shall have the right to admit this Agreement, or any oral or written statements made in connection with the negotiation, drafting or execution of the Settlement Agreement, into any proceeding (judicial, administrative or otherwise) arising in connection with or in any way related to the GDC Obligations. 13 • 0 (c) Pursuant to Paragraph 2, the City, as of closing, assumes the maintenance responsibility obligations included with the GDC Obligations. (d) This Agreement shall be construed and governed in accordance with the laws of the State of Florida. All of the parties to this Agreement have participated fully in the negotiation and preparation hereof, and, accordingly, this Agreement shall not be more strictly construed against any one of the parties hereto. (e) In the event any term or provision of this Agreement be determined by appropriate judicial authority to be illegal or otherwise invalid, such provision shall be given its nearest legal meaning or be construed as deleted as such authority determines, and the remainder of this Agreement shall be construed to be in full force and effect. (f) In the event of any litigation between the parties under this Agreement, the prevailing party shall be entitled to reasonable attorney's fees and court costs at all trial and appellate levels. (g) In construing this Agreement, the- singular shall be held to include the plural, the plural shall be held to include the singular, the use of any gender shall be held to include every other and all genders, and captions and paragraph headings shall be disregarded. 14 (h) All of the Exhibits attached to this Agreement are incorporated in, and made a part of, this Agreement. (i) Unless expressly set forth herein, the terms and provisions of this Agreement shall not survive the closing and such terms and provisions shall be deemed merged into the special warranty deed and extinguished at closing. (J) Time shall be of the essence for each and every provision of this Agreement. (k) Neither this Agreement nor any notice or memorandum of this Agreement shall be recorded in any public records. 19. Entire Agreement. This Agreement constitutes the entire agreement and understanding between the parties with respect to the subject matter hereof and there are no other agreements, repre- sentations or warranties other than as set forth herein. This Agreement may not be changed, altered or modified except by an instrument in writing signed by the party against whom enforcement of such change would be sought and unless approved by the Court. This Agreement shall be binding upon the parties hereto and their respective successors and permitted assigns. 15 EXECUTED as of the date first above written in several coun- terparts, each of which shall be deemed an original, but all constituting only one agreement. Signed in the presence of: (As to GDC) f 1 to the City) Approved as to form and legal suff' iency: Charlet Ian Nash City Attorney GENERAL DEVELOPMENT CORPORATION, a Delaware corporation, as Debtor in Possession under U.S. Bankruptcy Court Case No. 90-12231-BKC-AJC By:_ Name TitY (Corporate Seal) THE CITY OF SEBASTIAN By: Namet W.E. Con e Title:Mayor (Seal) ATTEST: Kath M. O'Halloran CMC/ City Clerk 16 0 Tracts E EXHIBIT A SEBASTIAN HIGHLANDS Miscellaneous Lots and Tracts 1. Unit 1 Block 12 Lot 2 26. 2. Unit 1 Block 12 Tract H 3. Unit 1 Block 12 Tract I 4. Unit 1 Block 14 Tract F 5. Unit 1 Block 17 Tract E 6. Unit 1 Block 21 Tract D 7. Unit 1 Block 41 Tract C 8. Unit 2 Block 65 Tract C 9. Unit 4 Block 121 Tract Y 10. Unit 10 Block 208 Lot 4 35. 11. Unit 10 Block 268 D (Adjacent to Block 399) 36. 12. Unit 11 Block 282 Tract B 13. Unit 11 Block 364 Lot 19 38. 14. Unit 11 Block 365 Lot 12 39. 15. Unit 16 Block 559 Tract R 16. Unit 16 Block 559 Tract S 17. Unit 16 Block 559 Tract T 18. Unit 16 Block 560 Tract P 19. Unit 17 Block 445 Tract B 20. Unit 17 Block 595 Tract W 21. Unit 17 Block 598 Tract U 22. Unit 17 Block 599 Tract V 23. Unit 17 Block 606 Tract T 24. Schumann Lake and Island 25. Unit 4 Block 73 Remaining portion of Hardee Park 26. Unit 8 Block 193 27. Unit 8 Block 223 Tract C 28. Unit 10 Block 211 Tract A 29. Unit 10 Block 264 Tract C 30. Unit 10 Block 267 Tract B 31. Unit 10 Block 300 32. Unit 11 Block 282 Tract A 33. Unit 11 Block 347 Tract E 34. Unit 11 Block 372 Tract C 35. Unit it Tract D (Adjacent to Block 399) 36. Unit 14 Block 507 Tract B 37. Unit 15 Block 488 Tract G 38. Unit 17 Block 604 Tract Q 39. Unit 17 Tract A (Adjacent to Block 441) 1 0 Tracts 40. Unit 13 Block 449 Tract A (Adjacent to Block 320) 41. Unit 13 451 Lots Tract B (Adjacent to Block 330) 42. Unit 13 Lots 11 Tract D (Adjacent to Block 333) " 43. Unit 17 Block 462 Tract X 17 Block 44. Unit 17 Block 574 Tract H Block 579 45. Unit 17 Block 574 Tract I 580 Lots 46. Unit 17 Block 580 Tract Y Lots 4 47. Unit 17 Block 588 Tract K 48. Unit 17 Block 593 Tract O 49. Unit 17 Block 599 Tract M 50. Unit 17 Block 602 Tract P (Western 115 'Drainage r -o -w) 51. Unit 17 Block 613 Tract R 52. Unit 17 Block 616 Tract S 53. Unit 17 Block 449 Lots 1 to it 54. Unit 17 Block 451 Lots 1 to 4 55. Unit 17 Block 462 Lots 11 and 12 56. Unit 17 Block 570 Lots 4 to 19 57. Unit 17 Block 578 Lots 1 to 16, 19 and 20 58. Unit 17 Block 579 Lots 12 to 14, 19 to 21 59. Unit 17 Block 580 Lots 1 to 3 and 19 60. Unit 17 Block 589 Lots 4 and 5 2 EXHIBIT "B" (1) All obligations of GDC to construct, maintain and operate all streets and drainage facilities located in the City of Sebastian, including, without limitation, all obligations of GDC under that certain Agreement dated August 15, 1979 between GDC and the City, except that the foregoing shall not include GDC's obligations with respect to Plat Units 16 and 17, which are postponed pursuant to paragraph 5 of the Settlement Agreement to which this Exhibit "B" is attached hereto. (2) Any liability or obligation (i) related in any manner to the matters set forth in item (1) above and/or (ii) set forth in the Proof of Claim filed by the City or related to the matters described therein. • Douglas Lyons, Esq. Adrienne F. Promoff, Esq. Stinson, Lyons, et al. 1401 Brickell Ave., 9th F1 Miami, Florida 33131 Harold D. Moorefield, Jr. Stearns Weaver, et al 150 West Flagler Street Miami, Florida 33130 Robert E. Venney, Esq. Shutts & Bowen 100 Chopin Plaza, #1500 Miami, Florida 33131 John W. Kozyak, Esq. Kozyak Tropin, et al. 200 So. Biscayne Blvd.,#2850 Miami, Florida 33131-2335 William Hiller, Esq. Willkie Farr & Gallagher 153 East 53rd Street New York, NY 10022-4669 Herbert Stettin, Esq. Herbert Stettin, P.A. One SE Third Ave., 12215 Miami, Florida 33131 Daniel L. Bakst, Esq. Ackerman, Bakst, et al. P.O. Drawer 3948 W. Palm Beach, FL 33402 Scott Lodin, Esq. Hughes Hubbard & Reed 801 Brickell Ave., Ste. 1100 Miami, FL 33131 ATTORNEY SERVICE LIST I* Leon S. Forman, Esq. Howard T. Glassman, Esq. Dennis Replansky, Esq. Blank, Rome, et al. Four Penn Center Plaza Philadelphia, PA 19103 Scott L. Baena, Esq. Stroock & Stroock & Lavan 200 So. Biscayne Blvd., #3300 Miami, Florida 33131-2385 Joel M. Aresty, Esq. Kelley Drye & Warren 100 Chopin Plaza, #2400 Miami, Florida 33131 Robert A. Schatzman, Esq. Marte V. Singerman, Esq. Schantz, Schatzman, et al. 200 So. Biscayne Blvd., #3650 Miami, Florida 33131-2394 Ms. Margaret Graff General Development Corp. 2601 South Bayshore Drive Miami, Florida 33133-5461 Wm. S. Thomas, Jr., Esq. Nixon, Hargrave, et al. Lincoln First Tower P.O. Box 1051 Rochester, New York 14603 Jerry M. Markowitz, Esq. Karim T. Rochelle Markowitz, Davis, et al U.S. Trust Co. of NY 9130 So. Dadeland Blvd., #1225 114 West 47th Street Miami, Florida 33156 New York, N.Y. 10036-1532 Michael A. Slivka, Esq. 1290 Weston Road Suite 314 Fort Lauderdale, FL 33326 Lynn Gelman, Esq. Assistant U.S. Trustee 51 S.W. First Avenue Rm. 1204 Miami, Florida 33130 Hywel Leonard, Esq. Carlton, Fields, et al. One Harbour Place P.O. Box 3239 Tampa, Florida 33601 L. Louis Mrachek, Esq Gunster, Yoakley, et 777 So. Flagler Dr. Suite 500 East David K. Oaks, Esq. Oaks and Johnson, P.A. 252 West Marion Avenue Punta Gorda, FL 33950 Kurt Becker, Esq. Heng -Pin Kiang, Esq. Perkins, Coie 201 Third Ave., 40th F1. Seattle, Washington 98101 Robert L. Laufer, Esq. Paul, Weiss, Rifkind 1285 Avenue of the Americas 25th Floor New York, N.Y. 10019-6064 Francis L. Carter, Esq. Coll, Davidson, Carter, et al. al. 3200 Miami Center 201 South Biscayne Boulevard Miami, FL 33131-2312 W. Palm Beach, FL 33401 GREENBERG TRAURIG Thomas Bell, Esq. Department of Business Regulation 725 South Bronough Street Tallahassee, FL 32399-1007 John H. Schulte, Esq. Jorden Schulte & Burchette 701 Brickell Avenue Miami, FL 33131 Douglas J. Snyder, Esq. Richard Bennett, Esq. Keith, Mack, Lewis, et al Lisa Bennett, Esq. 111 N.E. First Street,5th Flr. 304 Palermo Avenue Miami, FL 33132-2596 Coral Gables, Florida 33134 Richard E. Reckson, Esq. Richard B. Webber, II, Esq. Broad Cassel Maguire, Voorhis & Wells, P.A. Courthouse Center, Suite 2000 2 So. Orange Plaza 175 N.W. 1st Avenue Orlando, Florida 32801 Miami, FL 33128 Diane Noller, Esq. Marbury Rainer, Esq. Steel, Hector, Davis Parker, Hudson, Rainer 777 South Flagler Drive 1200 Carnegie Bldg. 1900 Phillips Point West 133 Carnegie Way West Palm Beach, FL 33401-6198 Atlanta, GA 30303 Fred W. Mattlin, Esq. Richard S. Agster, Esq. Gloria O. North, Esq. 3602 W. Euclid Avenue Mattlin, McClosky & North Tampa, Florida 33629 5355 Town Center Road, #901 Boca Raton, FL 33486 Leonard H. Gilbert, Esq. Robert A. Soriano, Esq. Carlton, Fields, et al P.O. Box 3239 Tampa, FL 33601 Robin E. Keller, Esq. Stroock & Stroock & Lavan Seven Hanover Square New York, N.Y. 10004 Stephen J. Blauner, Esq. Milbank, Tweed, Hadley & One Chase Manhattan Plaza New York, N.Y. 10005 Katherine A. Carey, Esq. Kutak Rock & Campbell 1650 Farnam Street Omaha, NE 68102 Christopher C. Kupec, Esq. Moore & Van Allen 3000 NCNB Plaza Charlotte, NC 28280 Bonnie J. Schindel, Esq. Winthrop, Stimson, Putnam & Roberts one Battery Park Plaza McCloy New York, NY 10004-1490 Andrew B. Hellinger, Esq. Mishan, Sloto, Hoffman 2350 S.E. Financial Center 200 South Biscayne Blvd. Miami, FL 33131 Municipal Bond Investors Assur. 113 King Street Armonk, N.Y. 10504 Attn: Eric L. Parsons Gregory A. Martin, Esq. Coffey, Aragon, Martin, et al 2699 So. Bayshore Drive, PH Miami, Florida 33133 (;REENBERG TRAURIG Howard J. Berlin, Esq. Kluger, Peretz, Kaplan, et al 1970 Miami Center 201 So. Biscayne Boulevard Miami, Florida 33131 E. Gordon Robinson, Jr., Esq. Securities & Exchange Comm. 3475 Lenox Road, N.E. Suite 1000 Atlanta, GA 30326-1232 Philip M. Hudson, III, Esq. Rumberger, Kirk, Caldwell One Biscayne Tower, Ste. 3100 Two South Biscayne Boulevard Miami, Florida 33131 Barrett Sanders, Esq. Chase Federal Bank 7300 No. Kendall Drive Miami, FL 33156 Michael J. Pucillo, Esq. Greenfield & Chimicles 222 Lakeview Avenue, 1960 West Palm Beach, FL 33401 Nicholas E. Chimicles, Esq. Greenfield & Chimicles 361 W. Lancaster Avenue One Haverford Centre Haverford, PA 19041 William J. Perlstein, Esq. Wilmer, Cutler & Pickering 2445 M Street, N.W. Washington, D.C. 20037-1420 Robert L. Roth, Esq. 2101 Museum Tower 150 West Flagler Street Miami, FL 33130 Robert J. Gorman, Esq. Brennan, Hayskar, Jefferson & Gorman, P.A. P.O. Box 3779 Fort Pierce, FL 34948 Dean S. Cooper Associate General Counsel Federal Home Loan Mortgage Corporation 1759 Business Center Drive Reston, Virginia 22090 Mark Thompson, Esq. Simpson, Thacher & Bartlett 425 Lexington Avenue New York, N.Y. 10017-3909 Richard J. Tannenbaum, Esq. MetLife Capital Credit Corp. Ten Stamford Forum P.O. Box 601 Stamford, CT 06904 Jeffrey A. Aman, Esq. Smith & Williams, P.A. 712 S. Oregon Avenue Tampa, FL 33606-2569 Gregory B. Dickenson, Esq. 140 Intracoastal Pointe Drive Suite 405 Jupiter, FL 33477 Kenneth S. Direktor, Esq. Becker, Poliakoff & Streitfeld Post Office Box 9057 Fort Lauderdale, FL 33310-9057 Brian McCaffrey, Esq. Pelletreau & Pelletreau 20 Church Street, Box 110 Patchogue, N.Y. 11772 • Leslie Gern Cloyd, Esq. Ackerman, Bakst, Lauer, et al P.O. Drawer 3948 West Palm Beach, FL 33402 Tonny K. Ho, Esq. willkie Farr & Gallagher One Citicorp Center 153 East 53rd Street New York, N.Y. 10022-4669 Susan Werth, Esq. Weil, Gotshal & Manges 701 Brickell Avenue, 12100 Miami, Florida 33131 Kathleen Durdin Peterson & Co. 2699 South Bayshore Drive Suite 800-F Miami, Florida 33133 Mike Piscitelli, Esq. Cummings, Lawrence & Vezina 1004 DeSota Park Drive Tallahassee, FL 32399-0589 Joel L. Tabas, Esq. 25 S.E. Second Avenue Suite 919 Miami, Florida 33131-1538 Julie W. Wernecke, Esq. Wagner, Nugent, Johnson Suite 300 Flagler Center Twr. 505 South Flagler Drive West Palm Beach, FL 33402 GREENBERG TRAURIG Chad P. Pugatch, Esq. 6700 N. Andrews Avenue Suite 407 Ft. Lauderdale, FL 33309 Brenda H. Smith, Esq. Baker & Hostetler 2300 Sun Bank Center 200 So. Orange Avenue Orlando, Florida 32801 Jeffrey B. Lathe, Esq. Loggerhead Plaza, Ste. 302 1155 U.S. Highway One Juno Beach, FL 33408 J. Andrew Rahl, Jr., Esq. Anderson, Kill, Olick, et al 850 Third Avenue New York, N.Y. 10022 Anthony R. Mordente, Esq. Law Office of Albert F. Pennisi 120-10 Queens Boulevard Kew Gardens, New York 11415 William Lowy, Esq. Mudge Rose Guthrie, et al 180 Maiden Lane New York, N.Y. 10038 Richard E. Nelson, Esq. Michael S. Drews, Esq. Nelson, Hesse, Cyril, et al 2070 Ringling Blvd. Sarasota, FL 34237 Robert R. Suehnholz Berliner Handels-und Frankfurter Bank New York Branch 55 East 59th Street New York, N.Y. 10022 R. Gregory Schwed, Esq. Graham & James 885 Third Avenue, 24th Flr. New York, N.Y. 10022 rj Marvin D. Michaels, Esq. 1010 S.W. 86th Court Miami, FL 33144 John F. Phillips, Esq. 1409 S.E. First Avenue Ft. Lauderdale, FL 33316 Todd S. Frankenthal, Esq. Abrams, Anton, Robbins, et al 2021 Tyler Street Hollywood, FL 33022 Rick M. Rodgers, Esq. Goldman, Bruning & Angelos, P.A. 10570 South Federal Highway Suite 300 Port St. Lucie, FL 34952 Dominick J. Fontana, Esq. Mitchell & Incantalupo 98-20 Metropolitan Avenue Forest Hills, N.Y. 11375 Jesse C. Stone, Esq. Merrill and Stone P.O. Box 129 Swainsboro, GA 30401 Robert L. Young, Esq. Carlton, Fields, et al P.O. Box 1171 Orlando, FL 32802 Mark Simonetto c/o Cary N. Statfield Mears Tucker & Eichholtz 50 S. Meridian St., 1400 Indianapolis, IN 46204 Brian K. Victor, Esq. Dames & Moore 12 Commerce Drive Cranford, N.J. 07016 • Mark B. Kleinfeld, Esq. Jones, Foster, Johnston 505 So. Flagler Dr., #1100 West Palm Beach, FL 33402-3475 Bruce M. Boiko, Esq. 1000 Ponce de Leon Blvd Suite 212 Coral Gables, FL 33134 Stormie Stafford, Esq. Castillo, Schweiter & Stafford 999 Ponce de Leon Blvd. Suite 1000 Coral Gables, FL 33134 John S. Kinzey, Esq. LeBoeuf, Lamb, Leiby & MacRae 520 Madison Avenue New York, N.Y. 10022 Howard V. Mishler, Esq. 24950 Great Northern Corp. Center II, Suite 104 North Olmsted, Ohio 44070 W. David Kelley, Esq. L. Michael Osman, P.A. 1800 West 49th Street Suite 100 Hialeah, FL 33012 Richard N. Tilton, Esq. Whitman & Ransom 200 Park Avenue New York, N.Y. 10166 Eileen A. McDonnell, Esq. Whitman & Ransom 200 Park Avenue New York, N.Y. 10166 James W. Giddens, Esq. Hughes Hubbard & Reed One Battery Park Plaza New York, N.Y. 10004 GRE.EVRERG TRAURIG Herschel E. Sparks, Jr. Hughes Hubbard & Reed 801 Brickell Avenue Miami, Florida 33131 Robert B. Hunter, Esq. The Home Insurance Company 59 Maiden Lane New York, N.Y. 10038 Kelleher & Flink 19 British American Blvd., #B Latham, N.Y. 12110-1405 Patricia A. Redmond, Esq. 9130 South Dadeland Blvd. Two Datran Center, Suite 1128 Miami, Florida 33156-7849 Theodore K. Egner, Esq. 3067 East Commercial Blvd. Fort Lauderdale, FL 33308 Abraham H. Carchman, Esq. 1920 E. Hallandale Beach Blvd. Suite 701 Hallandale, FL 33009 Phillip J. Jones, Esq. Wilkins, Frohlich, Jones, et al. 1777 Tamiami Trail, Suite 501 Port Charlotte, FL 33948 Damodar S. Airan, Esq. Museum Tower, Suite 2720 150 West Flagler Street Miami, FL 33130 Judy K. Mencher, Esq. Fidelity Investments 82 Devonshire Street; C7A Boston, MA 02109 • 0 Christopher M. McMurray, Esq. Russell F. Niquette, Jr. Esq. Jae Hong Yoon/Man Keun Park Kirkpatrick & Lockhart Niquette, Niquette & Associates c/o Gary K. Norgaard, Esq. 1800 M Street, N.W. 7-9 East Allen Street 222 Cedar Lane, Suite 207 South Lobby - 9th Floor P.O. Box 1 Teaneck, N.J. 07666 Washington, D.C. 20036 Winooski, VT 05404-0001 Neil P. Linden, Esq. W. Bernard Lester Rollnick, Rosen & Linden, P.a. ALICO, INC. 133 Sevilla Avenue Post Office Box 338 Coral Gables, Florida 33134 LaBelle, FL 33935 Roger L. Waltemyer, Esq. P.O. Box 540 Ft. Myers, FL 33902-0540 Michael Edwards, Esq. P.O. Box 7278 Port St. Lucie, FL 34985 William B. Miller Assistant General Counsel APAC, Inc. 3340 Peachtree Road, N.E. Atlanta, Georgia 30326 Bernard Newman, Esq. 401 Broadway New York, N.Y. 10013 JoAnn Paul, Esq. Beck & Eldergill 447 Center Street Manchester, CT 06040 Stephen T. Rodriguez, Esq. 38 North Ferry Street Schenectady, N.Y. 12305 Stuart M. Gold, Esq. Bentata Hoet & Associates Zamora, Segall, et al 3191 Coral Way, 3rd Flr. Miami, Florida 33145 Jay Edgar Baily, Esq. Baily & Brewer 46 N. Washington Blvd. Suite 13 Sarasota, Florida 34237 Brian K. Victor, Esq. Dames & Moore 12 Commerce Drive Cranford, N.J. 07016 Gary L. Putnam, Esq. Hirsch, Adams, Hoth, Krekel, Putnam & Cahill P.O. Box 1105 Burlington, Iowa 52601 Frank N. Eppinger, Esq. O'Brien, Shafner, Bartinik, Stuart & Kelly, P.C. Post Office Drawer 929 Groton, CT 06340 Gregory Paplaczyk 811 Red Oak Drive Lewisville, TX 75067 Victoria Page -Wooten, Esq. Pelino & Lentz, P.C. One Liberty Place, 32nd Flr. Philadelphia, PA 19103-7393 GREENBERG TRAURIG Timothy J. Norris, Esq. Mershon, Sawyer, Johnston 4500 S.E. Financial Center 200 South Biscayne Blvd. Miami, Florida 33131 Lehn E. Abrams, Esq. Arnold, Matheny & Eagan 801 N. Magnolia Ave., 1201 Orlando, Florida 32802 Aldo Icardi, Esq. Icardi Law Offices, P.A. 990 Lewis Drive, POB 879 Winter Park, Florida 32790 Jerry S. Dunietz, Esq. 1350 Piccard Drive Suite 101 Rockville, MD 20850 Stephen D. Busey, Esq. Richard R. Thames, Esq. Smith & Hulsey 1800 First Union Nat' 1 Bank Twr P.O. Box 53315 Jacksonville, FL 32201-3315 Christopher W. Bromson, Esq. Bromson & Reiner 546 Halfway House Road Windsor Locks, CT 06096 Lance Evans, Esq. LaSister, Evans & Galloway 226 West 135th Street New York, N.Y. 10030-2802 Geraldine A. Sadar 93 Magnolia Drive Cleveland, OH 44110 Yea -Tung Hung, Esq. 8294A Old Courthouse Road Vienna, VA 22182 Andrew M. Brumby, Esq. Shutts & Bowen 20 N. Orange Avenue, 11000 Orlando, Florida 32801 Davis and Davis 20 Squadron Boulevard Suite 350 New City, New York 10956 James P. Paul, Esq. Special Representative of Lot and Home Purchasers Haley, Sinagra & Perez, P.A. 100 South Biscayne Blvd. Suite 800 Miami, Florida 33131 Pedro R. Munilla, Esq. Munilla & Armas 1401 S.W. 1 Street, 1210 Miami, FL 33135 Frank Felicetti, Esq. 415 McFarlan Road, 1215 Kennett Square, PA 19348-2454 Michael G. Williamson, Esq. Maguire, Voorhis & Wells, P.A. Two South Orange Plaza Post Office Box 633 Orlando, Florida 32802 Craig B. Sherman, Esq. Sherman and Fischman, P.A. 3050 Biscayne Blvd., Ste. 600 Miami, Florida 33137-4165 Joseph S. Sherman, Esq. Scarinci & Pelio Journal Square Plaza Jersey City, N.J. 07306 Stuart A. Young, Esq. 1860 Forest Hill Boulevard Suite 201 West Palm Beach, FL 33406 John M. Cruz, II, Esq. Cruz & Gordon, P.A. 310 S.E. 13th Street Ft. Lauderdale, FL 33316 A. Lamar Matthews, Jr., Esq. Williams, Parker, Harrison 1550 Ringling Boulevard POB 3258 Sarasota, FL 34230 Ken Burgess General Development Corporation 2601 South Bayshore Drive Miami, FL 33133 Jerry A. Funk, Esq. Funk & Green 305 Washington Street Jacksonville, FL 32202 GREENRERG TR- ARU; Thomas W. Brown, Esq. Pentak, Brown & Tobin 111 Pine Street Albany, N.Y. 12207 Dr. Michael C. Gillespie 345 E. 93rd Street, Apt. 3F New York, N.Y. 10128 Roy A. Alterman, Esq. 1201 River Reach Drive, 1414 Ft. Lauderdale, FL 33315 James F. Brennan, Esq. Suisman, Shapiro, Wool, et al Suite 240, Mariner Square Eugene O'Neill Drive New London, CT 06320 John C. Smuck, Esq. Cross, Murphy, Smuck & Houstoi 1900 M Street, N.W., 1620 Washington, D.C. 20036 Robert J. Hecker, Esq. 202 Mamaroneck Avenue White Plains, N.Y. 10601 • Lichtenberg & Roseman Samuel B. Rothman, Esq. Paul M. Kade, Esq. 521 Fifth Avenue Department of Housing and Urban One Datran Center - Ste. 400 New York, N.Y. 10175 Development 9100 South Dadeland Blvd. 451 7th Street, S.W., Room 10240 Miami, Florida 33156-7814 Washington, D.C. 20410-0500 Michael P. Shienvold, Esq. 915 Middle River Drive Wade P. Bettis, Jr., Esq. Suite 318 Martin Gallin, Esq. Bettis & Ricker, P.C. Ft. Lauderdale, FL 33304 Gallin & Newman 1906 Fourth Street 860 Grand Concourse La Grande, Oregon 97850 Bronx, N.Y. 10451 Yea -Tung Hung, Esq. 8294A Old Courthouse Road Vienna, VA 22182 Andrew M. Brumby, Esq. Shutts & Bowen 20 N. Orange Avenue, 11000 Orlando, Florida 32801 Davis and Davis 20 Squadron Boulevard Suite 350 New City, New York 10956 James P. Paul, Esq. Special Representative of Lot and Home Purchasers Haley, Sinagra & Perez, P.A. 100 South Biscayne Blvd. Suite 800 Miami, Florida 33131 Pedro R. Munilla, Esq. Munilla & Armas 1401 S.W. 1 Street, 1210 Miami, FL 33135 Frank Felicetti, Esq. 415 McFarlan Road, 1215 Kennett Square, PA 19348-2454 Michael G. Williamson, Esq. Maguire, Voorhis & Wells, P.A. Two South Orange Plaza Post Office Box 633 Orlando, Florida 32802 Craig B. Sherman, Esq. Sherman and Fischman, P.A. 3050 Biscayne Blvd., Ste. 600 Miami, Florida 33137-4165 Joseph S. Sherman, Esq. Scarinci & Pelio Journal Square Plaza Jersey City, N.J. 07306 Stuart A. Young, Esq. 1860 Forest Hill Boulevard Suite 201 West Palm Beach, FL 33406 John M. Cruz, II, Esq. Cruz & Gordon, P.A. 310 S.E. 13th Street Ft. Lauderdale, FL 33316 A. Lamar Matthews, Jr., Esq. Williams, Parker, Harrison 1550 Ringling Boulevard POB 3258 Sarasota, FL 34230 Ken Burgess General Development Corporation 2601 South Bayshore Drive Miami, FL 33133 Jerry A. Funk, Esq. Funk & Green 305 Washington Street Jacksonville, FL 32202 GREENRERG TR- ARU; Thomas W. Brown, Esq. Pentak, Brown & Tobin 111 Pine Street Albany, N.Y. 12207 Dr. Michael C. Gillespie 345 E. 93rd Street, Apt. 3F New York, N.Y. 10128 Roy A. Alterman, Esq. 1201 River Reach Drive, 1414 Ft. Lauderdale, FL 33315 James F. Brennan, Esq. Suisman, Shapiro, Wool, et al Suite 240, Mariner Square Eugene O'Neill Drive New London, CT 06320 John C. Smuck, Esq. Cross, Murphy, Smuck & Houstoi 1900 M Street, N.W., 1620 Washington, D.C. 20036 Robert J. Hecker, Esq. 202 Mamaroneck Avenue White Plains, N.Y. 10601 Peter A. Cohen, Esq. 155 South Miami Avenue Penthouse I Miami, Florida 33130 Robert Abrams/Jane M. Azia Attorney General of the State of New York 120 Broadway, 3rd Flr. New York, N.Y. 10271 Robert E. Vassallo, Esq. Law Office of Daniel J. Brown 299 Main Street Wilmington, MA 01887 Geoffrey V. Morson, Esq. 10960 Wilshire Boulevard Suite 1000 Los Angeles, CA 90024-3769 Jay B. Verona, Esq. Stolba, Verona, Shames, P.O. Box 41750 St. Petersburg, FL 33743 • Jordan M. Iserman, Esq. et al Iserman and Iserman P.O. Box 477 119 Harbor Road Cold Spring Harbor, N.Y. 11724 Jeffrey H. Frank, Esq. Levine and Frank, P.A. 3300 PGA Boulevard, #800 Palm Beach Gardens, FL 33410 James D. Gibson, Esq. Abel, Band, Brown, et al P.O. Box 49948 Sarasota, FL 34230-6948 Don M. Stichter, Esq. Stichter, Riedel, Blain et al 100 Madison Street, 1300 Tampa, FL 33602 James D. Greenhalgh, Esq. Ralph F. Schoene, Esq. Mead, Dore & Voute 170 Hamilton Avenue White Plains, N.Y. 10601 George T. Stavropoulos, Esq. BBO# 477600 290 Spring Street West Roxbury, MA 02132 James C. Gooch, Esq. Bass, Berry & Sims 2700 First American Center Nashville, TN 37238 Michael Bowlus, Esq. Atty. for Chemlease Worldwide David H. Klein, Esq. Turner, Ford & Buckingham, P.A. 380 Madison Avenue 9300 South Dadeland Blvd. 3030 Hartley Road, Suite 200 New York, N.Y. 10017 PH 700, Dadeland Towers Jacksonville, FL 32257 Miami, FL 33156 Kay Honigman-Singer, Esq. 400 West Maple, Ste. 300 Birmingham, MI 48009 Faye M. Coultas, Esq. P.O. Box 1157 Osage Beach, Missouri 65065 Larry S. Kraslow, Esq. Blaxberg, Grayson & Singer, P.A 730 Ingraham Building 25 S.E. 2nd Avenue Miami, FL 33131 David W. Hunt, Esq. Swidler & Berlin Brian P. O'Kane, Esq. 3000 K Street, N.W., Ste. 300 162 Parsons Drive Washington, D.C. 20007-3851 Hempstead, N.Y. 11550 John Michael Spanakos, Esq. Spanakos & Spanakos 9015 Fifth Avenue Brooklyn, N.Y. 11209 Eden Bentley/Nina Boniske Office of the County Attorney 2235 N. Courtenay Parkway Merritt Island, FL 32953 Thomas E. Austin, Jr., Esq. David R. Badger & Associates Federal Plaza 400 West Trade Street Charlotte, N.C. 28202 GREENBERG TRAURIG Leonardo P. Mendez, Esq. 1800 S.W. First Street, 1324 Miami, FL 33135 David W. New, Esq. 6157 Executive Boulevard Rockville, MD 20852 Christian F. Matthews, III Freeman McKenzie One South Gratiot Avenue Mt. Clemens, MI 48043 Jeffrey P. Coleman, Esq. Bonner, Hogan, et al 613 South Myrtle Avenue Clearwater, FL 34617 • William M. Reed, Esq. 2660 West State Road 434 Longwood, FL 32779 Jay A. Young, Esq. Chambliss & Bahner 1000 Tallan Building Two Union Squrae Chattanooga, TN 37402-2502 Paul J. Leikhim, Esq. Lynch, Brewer, Hoffman 101 Federal Street Boston, MA 02110 William C. Rivera, Esq. 341 South Main Street New Britain, CT 06050 Stanley Jay Bartel, Esq. 550 Courthouse Tower 44 West Flagler Street Miami, Florida 33130 George W. Ganim, Jr. 4666 Main Street Bridgeport, CT 06606 Jack Hersch/Mario Monello Lehman Brothers, Inc. World Financial Ctr., Tower C 200 Vessey Street, 9th Floor New York, N.Y. 10285 Marshall L. Cohen, Esq. Cohen & Roth, P.A. Post Office Drawer 2650 Fort Myers, FL 33902 Kurt R. Borglum, Esq. NCNB Bank Building 150 South Highway 17-92 Debary, FL 32713 Peter N. Hill, Esq. Wolff & Hill, P.A. P.O. Box 2327 Orlando, FL 32802 Luis A. Toledo, Esq. 528 Cesar Gonzalez Avenue Hato Rey, P.R. 00918 Francis X. Sexton, Jr., Esq. Concepcion, De Grandy & Sexton 999 Ponce de Leon Blvd., #1015 Coral Gables, FL 33134 Jose A. Santos, Jr., Esq. Ezell, Menendez, Patterson 44 West Flagler Street, 18th F1r.Elliot L. Miller, Esq. Miami, Florida 33130 4628 Van Alden Avenue Tarzana, CA 91356 Patricia Dzikowski, Eeq. 7850 Northwest 146 Street Suite 429 Miami Lakes, FL 33016 James A. Fischette, Esq. Fischette, Parrish, Owen & Held 1916 Gulf Life Tower Jacksonville, FL 32207 Brent A. Cain, Esq. Bertinetti & Cain 227 East First South Street Carlinville, IL 62626 Peter H. Leavy, Esq. King, Leavy, Rabin & Lancaster 6301 Sunset Drive, Suite 203 South Miami, FL 33143 Patti A. Velasquez, Esq. 3896 Begonia Street Palm Beach Gardens, FL 33410 GREENBERG TR.AURIG Eliezer Appel, Esq. 1888 Century Park East Suite 1900 Los Angeles, CA 90067 Robert B. Galt, III, Esq. Kirkpatrick & Lockhart Miami Center - Suite 2000 201 South Biscayne Boulevard Miami, FL 33131 Law Offices of Maureen O'Brien 1380 N.E. Miami Gardens Drive Suite 220 North Miami Beach, FL 33179 Mark R. Vogel, Esq. Cynthia I. Chiefa, Esq. 201 South Biscayne Blvd. Suite 880 - Miami Center Miami, FL 33131 Cynthia I. Chiefa, Esq. 10637 S.W. 73rd Terrace Miami, FL 33173 A. Rodger Traynor, :r., Esq. Fowler, White, Burnett, et al Courthouse Center, 11th Flr. 175 Northwest First Avenue Miami, FL 33128-1817 Law Offices of Eugene Y. Hsiac Eugene Y. Hsiao 6100 Corporate Drive, Ste. 21C Houston, Texas 77036-3425 Thomas C. Clinton, Esq. Varnum, Riddering, Schmidt 171 Monroe Avenue, N.W., 1800 Grand Rapids, MI 49503 E. Deschl 140-78 Street North Bergen, N.J. 07047 Mark D. Cohen, Esq. Schiffrin & Cohen, P.A. Suite 1400 - AmeriFirst Bldg. One S.E. 3rd Avenue Miami, FL 33131 2/3/ `\ `°`"— LST Deutsch & Frey 575 Madison Avenue New York, N.Y. 10022 Samuel D. Armstrong, Esq. Richey, Munroe, Fine, et al 3100 Southeast Financial Ctr. 200 South Biscayne Blvd. Miami, FL 33131 Richard S. McIver, Esq. Lawson, McWhirter, Grandoff 201 E. Kennedy Blvd., #800 POB 3350 Tampa, FL 33601-3350 Bill Wong, Esq. Furman Selz Incorporated 230 Park Avenue, 13th Flr. New York, N.Y. 10169 Scott W. Fisher, Esq. Garwin, Bronzaft, Gerstein & Fisher 1501 Broadway - Suite 1416 New York, N.Y. 10036 David C. Sasser, Esq. Johnston & Sasser, P.A. P.O. Box 997 Brooksville, FL 34605-0997 Robert L. Laufer, Esq. Paul, Weiss, Rifkind 1285 Avenue of the Americas New York, N.Y. 10019-6064 Paul J. McMahon, Esq. Jorden, Schulte & Burchette 701 Brickell Avenue Miami, FL 33131 • 0 GOVERNMENTAL & REGULATORY AGENCIES E. Gordon Robinson, Jr. Securities & Exchange Comm. 3475 Lenox Road, N.E. Ste. 1000 Atlanta, GA 30326-1232 Secretary of Treasury 15th and Pennsylvania Ave. Washington, D.C. Dept. of Labor & Employment Security - Chief Commissioner 215 Montgomery Building Tallahassee, FL 32301 Secretary of State State of Florida Tallahassee, FL 32399 State of Florida Department of Revenue Bankruptcy Section P.O. Box 6668 Tallahassee, FL 32314-6668 United States Attorney General U.S. Department of Justice 10 & Constitutional Ave., N.W. Washington, D.C. 20530 Scott E. Itkin, Dist. Counsel Internal Revenue Service 51 S.W. 1st Ave., Room 1502 Miami, FL 33130 U.S. Attorney Dexter Lehtinen, Esq. 155 So. Miami Ave., 1700 Miami, FL 33130 Florida Dept. of Business Regulation -Div. of Land Sales 725 So. Bronough Street Tallahassee, FL 32399-1007 Attn: Director o7lisl91\Ok\�.� Of 0 CREDITORS COMMITTEE Gerard J. Butterly Banque Nationale de Paris 499 Park Avenue New York, N.Y. 10022 City of Palm Bay Richard Diamond, City Manager c/o Robert L. Roth, Esq. 2101 Museum Tower 150 W. Flagler Street Miami, Florida 33130 Dick Page Page Associates 743 Gnatt Avenue Sarasota, Florida 34232 Bert Blicher Oxford First Corporation 7300 Old York Road Philadelphia, PA 19126-1884 Jeff Burian The Prudential Insurance Co. 100 Mulberry Street Four Gateway Center Newark, N.J. 07102 Jim Paul, Esq. Haley Sinagra & Perez Special Representative of Lot and Home Purchasers 100 South Biscayne Blvd., 1800 Miami, Florida 33131 U.S. Trust as Indenture Trustee -Ex Officio c/o Francis E. Kenny, Esq. Nixon Hargrave, Devans & Doyle POB 1051 - Clinton Square Rochester, New York 14603 State of Florida - Ex Officio Division of Land Sales Thomas Bell, Esq. 725 So. Bronough Street Tallahassee, FL 32399 Paul H. Hunn Manufacturers Hanover Trust 270 Park Avenue New York, N.Y. 10017 Bankers Trust as Indenture Trustee - Ex Officio c/o John S. Kinzey, Esq. Le Boeuf, Lamb, Leiby & MacRae 520 Madison Avenue New York, N.Y. 10022 of /u/WkWA\�.MT