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HomeMy WebLinkAboutR-19-32 Parking in Lieu of Program - 1550 Indian River Drive3120190066683 RECORDED IN THE PUBLIC RECORDS OF JEFFREY R SMITH, CLERK OF COURT INDIAN RIVER COUNTY FL BK 3254 PG: 404 Page 1 of 911/142019 9:49 AM RESOLUTION NO. R-19-32 A RESOLUTION OF THE CITY OF SEBASTIAN, FLORIDA, APPROVING PARTICIPATION IN THE PARKING IN LIEU OF PROGRAM, LIEN AGREEMENT AND COVENANT RUNNING WITH THE LAND, FOR ELLEN L. GRAFF FOR PROPERTY LOCATED AT 1550 INDIAN RIVER DRIVE, SEBASTIAN, FLORIDA; PROVIDING FOR TERMINATION, CONFLICTS, AND SCRIVENERS ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Sebastian has determined that it is in the public interest to allow businesses within the Riverfront area the opportunity to utilize public parking to meet their parking needs; and WHEREAS, Ellen L. Graff wishes to participate in the Parking In Lieu of Program and purchase four (4) parking spaces of public parking for property located at 1550 Indian River Drive; NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SEBASTIAN, as follows: Section 1. The City Council approves the Parking In Lieu Of Program Agreement, Lien Agreement and Covenant Running with the Land attached hereto as Attachment A, and authorizes the City Manager to execute and record the same. Section 2. CONFLICTS. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 3. SCRIVENER'S ERRORS. Sections of this ordinance may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Managers designee, without need of public hearing, by filing a corrected or re -codified copy of same with the City Clerk. Section 4. EFFECTIVE DATE. This resolution shall take effect immediately upon its adoption. The foregoing Resolution was moved for adoption by Dodd The motion was seconded by Mceartlan and, upon being put to a vote, the vote was as follows: Mayor Jim Hill aye Vice -Mayor Linda Kinchen aye Council Member Ed Dodd aye Council Member Albert lovino aye Council Member Bob McPartlan aye The Mayor thereupon declared this Resolution duly passed and adopted this 23`tl day of October, 2019. CITY OF SEBAST , FLORIDA By: Mayor m Full ATTEST: �1 i�J�LN'iCLt-t lN.r,�tt.LtA'h(L anette Williams, MMC ity Clerk Approved as to form and content for reliance b the City of Sebastian only: Jam4pstokes, City Attorney It. GOVERNING LAW. This Ageement shall be governed by and construed in accordance with the laws of the State of Florida. 12. RECORDING. The City shall be responsible for recording this Agreement in the Official Records of Indian River County and the Owners shall pay all recording fees. A copy of the recorded Agreement shall be provided to the Owner by the City within fifteen (15) business days after recording. 13. EFFECTIVE DATE. This Agreement shall be effective upon the execution of the last party to sign. ATTEST: Iry etteNVilliams, MMC Clerk--- BY. aEllen L. Gra STATE OF NP W 4 lqf— COUNIYOF Rlacr0.0 CITY OFSEBAST/IAN, FLORIDA By: /�ul Car tsle, City Manager Date: Approved as to form and legality for reliance by the City of Sebastian only J s Stokes, City Attorney Date: The foregoing instrument was acknowledged before me this G day of rho ue.Mar � 2019, by Ellen L. Graff, who is personally known to me or produced 0,4S Or,-(,Vr, r la(identitieatton) SF AT DANI(Mau4TS@Y s<7`f�r°,' Gn_.4.� NO7AAY PI}OLIC STA1E Of NEIx NOTARYPU$6IC 1]UEEN8 COUNi•Y �i» y Print Name: MOW 1-t( )t`/ 1 vJw..fiO q,FE15a015 y Commission Na. 0 1 MQ c. (L,1.,, a'7 ic6MM FXP.A.C!t^"�`(k� ' %i Ecpiratiom /t'�G.+r.!•— li ada -a ,-,tix+> — ATTACHMENT A PARKING IN LIEU OF PROGRAM AGREEMENT LIEN AGREEMENT COVENANT RUNNING WITH THE LAND (hereinafter collectively referred to as "Agreement") THIS AGREEMENT is between the City of Sebastian, a Florida municipal corporation, as "City", and Ellen L. Graff, as "Owner", of the property located at 1550 Indian River Drive, Sebastian, FL. WHEREAS, the City Council of the City of Sebastian finds that providing public parking to assist private businesses meet their parking needs is an economic benefit to the entire community; and WHEREAS, the requirements for parking are outlined in Sec. 54-3-15 of the City's Land Development Code and include an In Lieu of Parking Program allowing businesses to participate in public parking to meet their parking requirements; and WHEREAS, the recently approved site plan for the restaurant expansion at the subject property requires 27 parking spaces and provides 15 on the site; and WHEREAS, the previous owners participated in the Parking In Lieu of Program and purchased eight (8) spaces from the City, which they have paid in full; and WHEREAS, the Owner has decided to participate in the Parking In Lieu of Program and purchase four (4) additional spaces from the City. NOW THEREFORE, in consideration of the mutual promises and obligations stated herein, the City and Owner do hereby incorporate all terms and conditions in this Agreement and mutually agree as follows: 1. PURPOSE. The purpose of this agreement is to provide the Owner with the non- exclusive use of four (4) additional public parking spaces for the benefit of the development of their property located at 1550 Indian River Drive. 2. FEE. The fee for 4 parking spaces at $3,200 per space, as established by Resolution R-10-35, totals twelve thousand eight hundred dollars ($12,800.00). 3. PAYMENT AND INTEREST. Owner agrees to make monthly payments to the City of $250.04 for fifty-five (55) months, plus one remaining payment of $130.73, including interest at the rate of three and one half percent (3.5%) per annum, in accordance with the loan summary and amortization schedule in Exhibit A, attached hereto and incorporated herein by this reference, for a total of $13,883.03. Payment is due to the Citythe first of every month, starting December 1, 2019. 4. ESTABLISHMENT OF LIEN. This Agreement, and the obligations created hereunder, is secured by a lien upon the property described in Exhibit B, attached hereto and incorporated herein by this reference. Such lien shall be of equal dignity with the lien for taxes and shall be enforceable in the same manner as provided by law, and may be satisfied at any time by payment thereof, including accrued interest. Upon such payment, the City shall, by appropriate means, evidence the satisfaction and cancellation of such lien upon the record thereof. Notice of such lien may be filed in the office of the clerk of the circuit court and recorded among the public records of Indian River County. 5. COVENANT RUNNING WITH THE LAND. This Agreement shall constitute a covenant running with the land and shall be binding upon the heirs, successors and assigns of the parties. 6. NON EXCLUSIVE USE AND OWNERSHIP. The parking spaces are for the non- exclusive use by the Owner, and the City shall retain fee ownership of the public parking spaces. 7. LIMITS OF USE. This Agreement confers no rights upon the Owner to place any advertisement, notices or signage. The City expressly retains all such rights. The Owner shall make no use of the parking spaces except as specifically authorized in this Agreement. 8. SUCCESSORS AND ASSIGNS. This Agreement and each of its terms and conditions shall be binding upon the parties and their respective successors and assigns. There shall be no assignment of this Agreement or any of the rights or obligations herein, without the advance written consent of the City. 9. NOTICES. All notices required by this agreement shall be in writing and delivered either by registered or certified mail to the other party at the address given below: "City": City Manager City of Sebastian 1225 Main Street Sebastian, FL 32958 "Owner": Ellen L. Graff 1841 E. Shell Lane Vero Beach, FL 32963 Any party may change address or designee by giving written notice of such change to the other parties. 10. REMEDIES. This Agreement provides the Owner with the necessary parking spaces required by the Code of the City of Sebastian only during such time as the Owner is current with respect to her financial obligations described herein. If any party shall fail to perform any term or condition hereof, and continue such nonperformance for a period of ninety days after receiving a notice of default, it shall be subject to such administrative, contractual, and legal remedies as provided by this Agreement, the Code of Ordinances of the City of Sebastian, and the laws of the State of Florida. Jurisdiction for any court action filed regarding this Agreement shall be in a court of competent jurisdiction in Indian River County, Florida. 11. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. 12. RECORDING. The City shall be responsible for recording this Agreement in the Official Records of Indian River County and the Owners shall pay all recording fees. A copy of the recorded Agreement shall be provided to the Owner by the City within fifteen (15) business days after recording. 13. EFFECTIVE DATE. This Agreement shall be effective upon the execution of the last party to sign. ATTEST: Jeanette Williams, MMC City Clerk By: Ellen L. Graff STATE OF COUNTY OF CITY OF SEBASTIAN, FLORIDA By: Paul Carlisle, City Manager Date: Approved as to form and legality for reliance by the City of Sebastian only Jam s SOes, City Attorney Date: The foregoing instrument was acknowledged before me this _ day of , 2019, by Ellen L. Graff, who is personally known to me or produced . (identification) SEAL NOTARY PUBLIC Print Name: Commission No. Expiration: 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 EXHIBIT A Page 1 of Loan Summary Monthly payment $250.04 Loan amount S12,800.00 � Interest rate 3.5% � Tenn 56 months Total of payments 513,883.03 Total interest paid $1,083.03 Payment Schedule Beginning Balance Interest Principal Ending Balance $12.800.00 $37.33 $212.71 $12,587.30 $12,587.30 $36.71 $213.33 $12.373.97 $12,373.97 $36.09 $213.95 $12.160.03 $12,160.03 $35.47 $214.57 $11,945.46 $11.945.46 $34.84 $215.20 $11,730.26 $11,730.26 $34.21 $215.83 $11,514.44 $11,514.44 $33.58 $216.46 $11,297.99 $11,297.99 $32.95 $217.09 511,080,90 $11,080.90 $32.32 $217.72 $10,863.18 $10,863,18 $31.68 $218.36 $10,644.83 $10,644,83 $31,05 $218.99 $10.425.84 $10,425.84 $30.41 $219.63 $10,206.22 yeart and $10,206.22 $29.77 $220.27 $9.985.95 $9,985.95 $29.13 $22091 $9.765.04 $9 765.04 $28.48 $221.56 $9,543.48 $9.543.48 $27.84 $222.20 $9.321.28 $9,321.28 $27.19 $222 85 $9,098.43 $9.098.43 $26.54 $223.50 $8,874.93 $8,874.93 $25.89 $224.15 $8,650.78 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 EXHIBIT A Page 2 of 3 $8,650.78 $25.23 $224.81 $8,425.97 $8,425.97 $24.58 $225.46 $8,200.51 $8,200.51 $23-92 $226.12 $7,974.40 $7,974.40 $23.26 $226.78 $7,747.62 $7,747.62 $22.60 $227.44 $7,520.13 year end $7.520.18 $21.93 $228.11 S7,292.08 $7,292.08 $21.27 $228.77 $7,063.31 $7,063.31 $20.60 $229.44 $6,833.87 $6,833,87 $19.93 $230,11 $6,603.77 $6.603.77 $19.25 $230.78 $6,372.99 $6,372.99 518.59 $231.45 $6,141.54 $6,141.54 $17.91 $232.13 $5,909.42 $5,909.42 $17.24 $232.80 $5.676.62 $5.676.62 $16.56 S233.48 $5,443.14 $5,443.14 $15.88 $234.16 $5,208.98 $5.208.98 $1519 $234.85 $4,974.14 $4.974.14 514.51 $235.53 $4,738.61 year 3 end $4,738.61 $13.82 $235.22 $4,502.39 $4,502.39 $13.13 $236.91 $4,265.49 $4,265.49 $12.44 $237.60 $4,027.89 $4,027.89 $11.75 $238.29 $3,789.60 $3,789.60 $11.05 $238.99 $3,550.62 S3,550.62 $10.36 $239.68 $3,310.94 $3,310.94 $9.66 $240.38 $3,070.56 $3.070.56 $8.96 $241.08 $2,829.48 $2,329.48 $8.25 $241.79 $2,587,69 $2,587.69 $7.55 $242.49 $2.345.21 $2,345.21 $6.84 S243.20 $2,102.01 $2,102.01 $6.13 $243.91 $1,858.10 year 4 end $1,858.10 $5.42 $244.62 $1.613.49 $1.613.49 $4.71 $245.33 $1,368,16 $1.368.16 $3.99 $246.05 $1,122.11 $1,122.11 $3.27 $246.77 $875.35 EXHIBIT A Pale 3 of 3 53 $875,35 $2.55 $247.49 $62786 54 $627.86 $1.83 $248.21 $379.66 55 $379.66 $1.11 $248.93 $130.73 55.52 $130.73 $0.29 $130.73 $0.00 EXHIBIT B Parcel: 30-39-31-00000.0020-00003.0 Legal Description: A parcel of land situated in Indian River County, Florida, and described as: commencing on the mean high water mark of the west bank of the Indian River where the same intersects the South line of Government Lot 2, Section 31, Township 30 South, Range 39 East, tun West and along the South line of the said Government Lot 2 a distance of 80.05 feet to the East Right of Way line of the Old Dipe Highway (also known as the old State Road No. 5 and the Old U.S. HighwayNo.l); thence Northwesterly and along the said East Right of Way line of the Old Dixie Highway a distance of 171.35 feet; thence East, and parallel with the South line of Government Lot 2, a distance of 88.23 feet to the mean high water mark of the West bank of the Indian River, thence Southeasterly along the West bank of the Indian River to the point of beginning and also aparcel of submerged land in the Indian River in Section 31, Township 30 South, Range 39 East, Indian River County, Florida, lying adjacent and Easterly of and Riparian to that certain parcel of upland as described in Official Record Book 17, Page 389, of the Public Records of Indian River County, Florida; said parcel also being that pan of the submerged land parcel described in that certain deed from the tmstees of the Imunal Improvement Fund of the State of Florida to Charles R. Beesley and Robert E. Beesley, recorded in Official Record Book48, Page 502, Public Records oflndian River County, lying within the established bulkhead line, said submerged land parcel being more particularly described as follows: beginning at the point ofintersection of the South line of Government Lot 2 ofsaid Section 31 and the mean high watermark of the West shore of the Indira River, same being the Southeast comer of land described in said Official Record Book 17, Page 389, said point of beginning also being 11657 feet Eastof the centerline of Old U.S. Highway No.1; thence ruallorth 70045' East a distance of 145.50 Feet, more or less to the established bulkhead line along the West shoe; of the Indian River, thence run Northwesterly along said bulkhead line, said bulkhead line being 250.00 feet Easterly and parallel to the centerline of Old U.S. Highway No. I a distance of 168.64 feet; thence run South 70°45' West a distance of 138.06 feet, more or less, to a point on the !Wean high water line of the West bank of the Indian Kivu said point being the Northeast comer of said land described in said Official Record Book 17, Page 389 and lying 124.75 feet East of the centerline of Old U.S. Highway No. 1; thence meander said mean high water line in a Southeasterly direction to the pointofbeginning, LESS AND EXCEPTING THE FOLLOWING: From a point of beginning at the intersection ofthe South line of Government Lot 2 ofSection 31, Township 30 South, Range 39 East, Indian River County, Florida, and the mean high water mark of the West bank of the Indian River, run West along said South line of Government Lot 2, a distance of 80.05 feet, more or less, to the East Right of Way of Old U.S. Highway No. 1, said Right of Way being 66.00 feet in width; thence run North 25°2T West along said East Right of Way line a distance of 71.35 feet; thence run Fast, parallel to the South line of said Government Lot 2, a distance of 94.89 Feet; thencenmNorth 70*45' East, adistance of 132.03 feet to the established bulkhead line; thence tun South25M' East along said bulkhead line a distance of66.43 feet; thence rnn South 70045' West a distance of 145,50 feet to the point ofbegimung on the mean high waterline of Indian River and the South line of said Government Lot 2.