08/18/2021 Agreement IN THE CIRCUIT COURT OF THE 16" JUDICIAL CIRCUIT
IN AND FOR MONROE COUNTY, FLORIDA
MONROE COUNTY, FLORIDA a political
subdivision of the to of Florida,
Plaintiff, Case No.:18-CA-674-P
V. Hon. Luis M. Garcia
COHER AND COHER INVEST CO., LTD,
Defendant.
SETTLEMENT AGREEMENT
The Board of County Commissioners of Monroe County and Coher & Coher Invest Co.,
Ltd., the property owner, hereby agree to settle the existing code enforcement liens imposed by
the Special Magistrate regarding real property located at, 103 100 Overseas Highway, Units I-10,
Key Largo, Florida, as follows:
1. The County brought ten(l 0)code enforcement cases in 2016 against the Defendant
for failure to connect ten (10) units to the central sewer. Those County Code Case Numbers are
as follows.
CE16010058 CE 16020087 CE16020172 CE16020176 CF 16020194
CE16020196 CE16020205 CE 16020211 CE 16020212 CE16040068
2. Upon execution of this Agreement,the parties shall submit it to the Court for final
approval. This agreement shall affect upon final approval by the Court.
3. Defendant currently owns the property.
4. The current fine total for all cases combined is $1,092,911.09, with statutory costs
of$9,911.09, for a total due from Defendants of$1,102,822.18,
1
5. The Property Owners agree to:
a Pay the settlement offer of $36,986.09 ($27,075.00 fines and $9,911.09
statutory costs)
e The Property Owner shall immediately pay $15,000.00 and then equal monthly
installments until the total fines and costs are paid, in full,within one year from
the date of this Agreement.
6. Payment shall be made to: Monroe County Code Compliance,Attn: Nicole Petrick,
2798 Overseas Highway, Marathon, FL 33050,
7. Once the outstanding settlement amount is received, in full,and upon the execution
of this agreement the County will.
a Issue, a release and satisfaction of the underlying code enforcement lien for
filing in the Official Records of Monroe County.: and
* File a notice of voluntary dismissal and release of lis pendens with the Clerk.
The County may issue a voluntary dismissal upon payment of the initial
S15,000.00 but the Court will retain jurisdiction for enforcement of this
Agreement, However, the release of lis pendens will not occur until all fines
and costs are paid in full.
8. If the Property Owner fails to timely pay, in full,the remaining balance within one
year of this Agreement, the fine will revert back to the full amount stated in Paragraph 4, less
monies received by the County.
9, This Agreement will serve as a complete satisfaction of the underlying Code
Compliance cases referenced in Paragraph I once paid in full.
Coher 1k Coher Invest Co., Ltd. Paunece Scull
Prop —erty Assistant County Attorney
gy: 7!Y7 er 1� Monroe County Attorneys Office
1111 121h Street, Suite 408
Key West, FL 33040
Date: Date:
Digitally signed by A b,ft S.Shflhng,,
Robert B. Shillinger
DU—R.b-S.Shflh�g,.,C.—ty SOCC,
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2 Robert Shillinger, Monroe County Attorney