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HomeMy WebLinkAbout(#13) Cross Creek Lake Estates - SidewalkWARREN W. DILL Also admitted in Wyoming Nebraska Email: wdilldelaw@bellsouth.net DILL & EVANS, P.L. ATTORNEYS AT LAW 1565 US Highway 1 Sebastian, Florida 32958 (772) 589-1212 Fax (772) 589-5212 April 11, 2013 Honorable Mayor Bob McPartlan City of Sebastian 1225 Main Street Sebastian, Florida 32958 RE: Cross Creek Lake Estates Section 544 —19.5(f)(2) Guarantee of Sidewalk Construction by "Alternate Irrevocable Form" Our File No. 12-256 Dear Honorable Mayor McPartlan and Council Members: JoHN G. EvANs Also Admitted in California Email: delawl@bellsouth.net The above referenced subdivision is being developed jointly by Cross Creek Lake Estates, Inc., Henry A. Fischer, President owning its area of the subdivision with 77 lots for sale ("Total Lots") and Campanelli Development Corporation, Inc., Ralph Campanelli, President, owning its respective area of the subdivision with 61 lots for sale ("Total Lots"). All required subdivision improvements have been installed with the exception of sidewalks. The purpose of this letter is to request the use of this letter as an "alternate irrevocable form" of guarantee for the construction of sidewalks, in lieu of a cash bond, personal bond with a letter of credit or surety bond to guarantee. Approximately, forty-three percent (43%) of the sidewalks have been installed in Henry Fischer's subdivision, where they will not be damaged during the construction of a home. It is impractical to construct sidewalks in the remainder of the subdivision at this time when future construction activity of a home would destroy most of the sidewalk on the lot. The three forms of guarantee for required improvements provided in the Land Development Code are unworkable for sidewalks because sidewalks are not installed until after a lot is sold and the home constructed. In the current economy it could be years before all of the lots in Cross Creek Lake Estates are developed. Bonds and letters of credit are not available for indefinite periods of time and it would be a hardship to have to post a cash bond for an unknown period of time. The Land Development Code recognizes that the three (3) typical forms of guaranteeing subdivision improvements are not always appropriate by providing for an "alternate irrevocable form" of guarantee. As previously stated, a substantial portion of the sidewalks have already been installed. The Declaration of Conditions, Covenants, Easements and Restrictions for the subdivision requires every lot owner to construct a sidewalk to the construction standards required by the City, along the entire length of that owner's lot before a Certificate of occupancy is issued. See Article VI Section 24 Sidewalks of the Declaration. Honorable Mayor Bob McPartlan April 11, 2013 Page 2 of 2 As further assurance to the City that the sidewalks will be installed, Cross Creek Lake Estate, Inc. and Campanelli Development Corporation, Inc. as set forth below irrevocably guarantee that when ninety-five percent (95%) of their respective Total Lots have been sold and a home constructed thereon each will be responsible for constructing the sidewalk on the remaining unsold five percent (5%) of their Total Lots, thereby insuring that the private road right-of-way within Cross Creek Lake Estates will contain a complete sidewalk system. Very t ly yours, , Warren W. Dill Acknowledgement and Guarantee Cross Creek Lake Estates, Inc. for itself and its successor and assigns, hereby acknowledges that it has read the foregoing and agrees therewith and further irrevocably guarantees that when ninety-five percent (95%) of its Total Lots have been sold and a home constructed thereon it will construct a sidewalk on the remaining unsold five percent (5%) of its Total Lots. Cross Creek Lake Estates, Inc., a Florida corporation By: g/"' "'o z"4" . Hen A. Fischer, President Dated this // day of ;l 2013 Attest: IL/'/ Charles A. Cramer, Secretary Campanelli Development Corporation, Inc. for itself and its successor and assigns, hereby acknowledges that it has read the foregoing and agrees therewith and further irrevocably guarantees that when ninety- five percent (95%) of its Total Lots have been sold and a home constructed thereon it will construct a sidewalk on the remaining unsold five percent (5%) of its Total Lots. Campanelli Development Corporation, Inc. a Florida corporation By: alph Campane , President Dated this day of 2013 Attest: Q��fiecretary (PITname) ' WWD/jlb Enclosure w 1clients%deffucher, henry, hank, erickross creek lake estates, incieasement with campanelh development corplmcpardlan ltr 4-10-13.doc