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1. 02/13/2002 Transfer, Development Rights CLERK OF THE CIRCUIT COURT MONROE COUNTY BRANCH OFFICE MARATHON SUB COURTHOUSE 3117 OVERSEAS HIGHWAY MARATHON, FLORlDA 33050 TEL. (305) 289-6027 FAX (305) 289-1745 MEMORANDUM MONROE COUNTY COURTHOUSE 500 WHITEHEAD STREET KEY WEST, FLORIDA 33040 TEL. (305) 292-3550 FAX (305) 295-3663 BRANCH OFFICE PLANTATION KEY GOVERNMENT CENTER 88820 OVERSEAS HIGHWAY PLANTATION KEY, FLORIDA 33070 TEL. (305) 852-7145 FAX (305) 852-7146 DATE: March 7, 2002 TO: James Hendrick County Attorney FROM: Jan Hotalen, Assistant County Attorney's Office Pamela G. Han"~ Deputy Clerk ry ATTN: At the February 13, 2002, Board of County Commissioner's meeting the Board granted approval and authorized execution of a Transfer of Development Rights for Term of Years between Monroe County and Gregory and Betty 1. Klimock, owners of "The Hermitage" which has been designated a Historical and Cultural Landmark, for a period of ten years in order to receive a property tax exemption on the three parcels which, together, comprise "The Hermitage". Enclosed is a duplicate original of the above mentioned for your handling. Should you have any questions please feel free to contact our office. cc: County Administrator wlo document Finance. HFKF File ./ MONROE COUNTY Oft'ft'ICIAL RECORDS 8 65 25 07 2002 03:15~M 1 2 8 RC 0 Ma [ FILE j\. - PGjf53 KOLHAGE, CLEHK BKlf 1 7 6 b DANNY L TRANSFER OF DEVELOPMENT RIGHTS FOR TERM OF YEARS A transfer of development rights is hereby granted and conveyed on the d. ~ day of -::s (3..Y\\)o..Ot.t-33 ' 2002, by Gregory Klimock and Betty 1. Klimock (hereinafter referred to as Grantors) of 40 Fourth Street, Summerland Key, Monroe County, Flonda, to the Board of County Commissioners of Monroe County (hereinafter referred to as Grantee) for and in consideration of the benefit of the deferred tax liability available under Section 193.505, Florida Statutes, in the following property: The Hermitage, designated as a historical and cultural landmark by Resolution 276-2001 of the Board of County Commissioners of Monroe County, more particularly described as: Lots 18 through 20, Summerland Beach Amended Plat, Plat Book 2, Page 155, RE 196690; Corner of E. Shore Drive and 4th Street, Lot 20, Summerland Beach Addition #1, Plat Book 3, Page 20, RE 196970; and Bay Bottom southeasterly of Lots 18 through 20, Summerland Beach Amended Plat, Plat Book 2, Page 155 and Lot 20, Summerland Beach Addition #1, Plat Book 3, Page 20, Monroe County, Florida. Grantors own said property in fee simple. The property has historical and cultural value in its current state. Grantors are willing to grant a transfer of development rights over the property, thereby restricting and limiting the use of the land and contiguous water areas of the property, on the terms and conditions and for the purposes hereinafter set forth. The Grantors and Grantee recognize the historical and cultural value of the property in its present state and have, by the conveyance of this transfer of development rights to the Grantee, the common purpose of conserving the historical and cultural values of the property and preventing the use or development of the property for any purpose or in any manner which would conflict with the maintenance of the property in its current state for historical and cultural purposes, except as otherwise provided within this transfer of development rights deed. Therefore, in consideration of the ad valorem tax exemption (or the deferred tax liability if the transferors obtain a release from the restriction on development prior to the ten year period of this transfer) which will result pursuant to Section 193.503, Florida Statutes, and Section 9.5- 461, et seq., Monroe County Code, from the granting of this transfer of development rights, Grantors hereby grant and convey unto Grantee and its successors development rights of the nature and character to the extent set forth, in respect to the lands of the Grantors located in Monroe County which are described above. The terms, conditions and restrictions of the transfer of development rights are as set forth, pursuant to Florida Statute ~193.505(1)(a): 1. The conditions of this transfer of development rights shall inure to and bind the Grantors, their successors, assigns and heirs, for a period of ten years from the date first above written, with the grantor having the option to renew this covenant by executing and recording in the public records a document showing the renewal term. WIL~ #1 286 5 2 5 BK#1766 PG#539 2. Any release from this transfer of development rights shall require payment of the deferred tax liability. 3. The Hermitage, which consists of approximately 1.84 acres with a home, three outbuildings, a deep draft boat basin with dockage and boat ramp, and fence, shall not be used for any purpose inconsistent with historic preservation or the historic qualities of the property. 4. In any restoration or repair of the property, the architectural features of the exterior shall be retained consistent with the historic qualities of the property. 5. The property shall be maintained in good repair and condition to the extent necessary to preserve the historic and cultural value and significance of the property and shall not be permitted to deteriorate. 6. The Grantors agree that the terms, conditions, restrictions and purposes of this transfer of development rights will be inserted in any subsequent deed or other legal instrument by which the Grantors divest themselves of either the fee simple title to or of its possessory interest in the subject property. TO HA VB AND TO HOLD unto the Board of County Commissioners of Monroe County, Florida to the use of the Grantee, its successors and assigns forever. The covenant agreed to and the terms, conditions, restrictions and purposes imposed as aforesaid shall not only be binding upon the Grantors but also their agents, personal representatives and assigns and all other successors to their interest. IN WITNESS WHEREOF, the Grantors have herein to set forth their signatures, with signatures of attesting witnesses on the day and year first above written. WITNESSES: 1J 0 eo -r t--l. L/ e If I L.j) I .. ~4 uW ~K~ ego Khmock WITNESSES: 4:~~:<-UZ:A~~ ~r~ Bett . i ock fi'ILE # 1 286 5 2 5 BK#J. 766 PG#5 4 Ql State of Florida, County of Monroe The foregoing instrument was acknowledged before me this ~day of -:S-O-t'\,^()"'t-~ 2002, by Gregory and Betty J. Klimock, who are personally known to me or who have produced r-L b t- \ \)o(l,S L',c..o?V'. ~ as identification. ~..g.y PtJ~ ClFFIClALNOTAAY SEAL o ~ MARY OOHIEH f~ ~ COMMISSION NWBEA ... ~ CC815277 ~ ~ MV COMMISSION EXPIf& OFf\.O MAR. 82003 ~~'~ Not blic ACCEPTANCE ~~d o~County Commissioners o~Monroe County, d~a, .at its meeting 1:1 ,,/iF?--- . Rnze the Mayor to execute thIS document, establIshmg acceptance of the fore !(i!'y Cfs e . evelopment Rights. <<~ t \\ _:'~ -;'}.-:--:~~ ....-J. ~ ~. ~ .~ a" This instrument prepared by Suzanne A Hutton Assistant County Attorney FBN 336122 Monroe County PO Box 1026 Key West, FL 33041-1026 (305) 292-3470 MONROE COUNTY OFFICIAL RECORDS