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Item C21BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: February 20, 2008 Division: Housing & Community Development Bulk Item: Yes X No _ Department: Housing & Community Development Staff Contact Person: James R. "Reggie" Paros/289-6002 AGENDA ITEM WORDING: Approval of Conservation Easement in favor of South Florida Water Management District for Sea Grape Apartments, LTD ITEM BACKGROUND: As the underlying fee simple land owner of the Sea Grape Apartments — Phase 1 affordable housing project, the County must execute a grant of easement in favor of the South Florida Water Management District. This is necessary in order for Sea Grape Apartments to obtain building permits. PREVIOUS RELEVANT BOCC ACTION: At their August 15, 2007 meeting, the Board accepted the Sea Grape Apartments — Phase 1 site in Marathon from the Monroe County Land Authority and approved a 99-year Ground Lease. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A BUDGETED: Yes No COST TO COUNTY: SOURCE OF FUNDS: REVENUE PRODUCING: Yes No N/A AMOUNT PER MONTH Year APPROVED BY: County Atty YES OMB/Purchasing N/A Risk Management N/A DOCUMENTATION: DISPOSITION: Revised 8/06 Included X Not Required AGENDA ITEM # STEARNS WEAVER MILLER WEISSLER ALHADEFF & SITTERSON, P.A. Miami ■ Ft. Lauderdale ■ Tampa Richard E. Deutch, Jr. Direct Line: (305) 789-4108 Direct Fax: (305) 789-2613 Email: rdeutch@swmwas.com February 5, 2008 Susan Grimsley, Esq., Assnt. County Attorney Monroe County Attorneys Office 1111 12'h Street Suite 408 Key West, FL 33040 Museum Tower, Suite 2200 150 West Flagler Street Miami, Florida 33130 Phone: 305-789-3200 Fax: (305) 789-3395 Re: Sea Grape Apartments, Phase I and H, Conservation Easement in favor of the South Florida Water Management District Dear Susan, On behalf of Sea Grape Apartments, Ltd. and Falcon Pass, Ltd., attached please find a copy of the Conservation Easement needed to complete the Developer's Building Permit application with the South Florida Water Management District (the "District"). The District's receipt of the signed Easement from all requisite parties is required before the District considers the Developer's application complete. The Easement describes and establishes the land that will be set aside by the Developer for the preservation, enhancement, restoration and/or mitigation of wetlands and uplands, in their natural condition. The Easement prohibits activities that are inconsistent with these objectives. The Easement encompasses land that is owned by Monroe County and ground leased to Sea Grape Apartments, Ltd., as well as adjacent property that is under contract to be purchased by Monroe County and leased to Sea Grape II, Ltd. The two developments are commonly referred to as the Sea Grape Phases I and II development. The Developer's Permit application to the District applies to both Phase I and II. Upon approval and execution by the County, I ask that you provide me with the original signed Easement, which I will hold in Escrow. I will forward a copy to the Developer for inclusion in its application. Should the District decline to issue its Permit, the Easement will remain in escrow pending further negotiations with the District. Should the Permit be issued, I will release the original Easement from Escrow as the Developer will be required to record the Easement as a condition to the issuance of the Permit. Thank you for y*r consideration of this matter. Very Jr. RED Encl. ■ www.stearnsweaver.com ■ DEED OF CONSERVATION EASEMENT Return recorded document to: South Florida Water Management District 3301 Gun Club Road, MSC 4210 West Palm Beach, FL 33406 THIS DEED OF CONSERVATION EASEMENT is given this day of , 2008, by FALCON PASS, LTD., a Florida limited partnership ("Falcon") and SEA GRAPE APARTMENTS, LTD., a Florida limited partnership ("Sea Grape") (collectively referred to as "Grantor") whose mailing address is 2950 S.W 27th Avenue, Suite 200, Miami, FL 33133 to the South Florida Water Management District ("Grantee"). As used herein, the term "Grantor" shall include any and all heirs, successors or assigns of the Grantor, and all subsequent owners of the "Property" (as hereinafter defined) and the term "Grantee" shall include any successor or assignee of Grantee. WITNESSETH WHEREAS, Falcon is the owner of certain lands situated in Monroe County, Florida, and more specifically described in Exhibit "A-1" attached hereto and incorporated herein (the "Falcon Property"); and WHEREAS, Sea Grape is the leasehold owner of certain lands situated in Monroe County, Florida, and more specifically described in Exhibit "A-2" attached hereto and incorporated herein (the "Sea Grape Property"); and WHEREAS, the Grantor desires to construct the Sea Grape Apartments ("Project") at a site in Monroe County, which is subject to the regulatory jurisdiction of South Florida Water Management District ("District"); and WHEREAS, District Permit No. ("Permit") authorizes certain activities which affect waters in or of the State of Florida; and WHEREAS, this Permit requires that the Grantor preserve, enhance, restore and/or mitigate wetlands and/or uplands under the District's jurisdiction; and Form 1190 (0112007) Geed of Conservation Easement — Standard Page 1 of 9 WHEREAS, the Grantor, in consideration of the consent granted by the Permit, is agreeable to granting and securing to the Grantee a perpetual Conservation Easement as defined in Section 704.06, Florida Statutes, over the area described on Exhibit "B" ("Conservation Easement"). NOW, THEREFORE, in consideration: of the issuance of the Permit to construct and operate the permitted activity, and as an inducement to Grantee in issuing the Permit, together with other good and valuable consideration, the adequacy and receipt of which are hereby acknowledged, Grantor hereby grants, creates, and.establishes a perpetual Conservation Easement for and in favor of the Grantee upon the property described on Exhibit "B" which shall run with the land and be binding upon the Grantor, and shall remain in full force and effect forever. The scope, nature, and character of this Conservation Easement shall be as follows: 1. Recitals. The recitals hereinabove set forth are true and correct and are hereby incorporated into and made a part of this Conservation Easement. 2. Pur ose. It is the purpose of this Conservation Easement to retain land or water areas in their natural, vegetative, hydrologic, scenic, open, agricultural or wooded condition and to retain such areas as suitable habitat for fish, plants or wildlife. Those wetland and/or upland areas included in this Conservation Easement which are to be enhanced or created pursuant to the Permit shall be retained and maintained in the enhanced or created conditions required by the Permit. To carry out this purpose, the following rights are conveyed to Grantee by this easement: a. To enter upon the Property at reasonable times with any necessary equipment or vehicles to enforce the rights herein granted in a manner that will not unreasonably interfere with the use and quiet enjoyment of the Property by Grantor at the time of such entry; and b. To enjoin any activity on or use of the Property that is inconsistent with this Conservation Easement and to enforce the restoration of such areas or features of the Conservation Easement that may be damaged by any inconsistent activity or use. 3. Prohibited Uses. Except for restoration, creation, enhancement, maintenance and monitoring activities, or surface water management improvements, or other activities described herein that are permitted or required by the Permit, the following activities are prohibited in or on the Conservation Easement: a. Construction or placing of buildings, roads, signs, billboards or other advertising, utilities, or other structures on or above the ground; Form 1190 (01/2007) Deed of Conservation Easement — Standard Page 2 of 9 b. Dumping or placing of soil or other substance or material as landfill, or dumping or placing of trash, waste, or unsightly or offensive materials; C. Removal or destruction of trees, shrubs, or other vegetation, except for the removal of exotic or nuisance vegetation in accordance with a District approved maintenance plan; d. Excavation, dredging, or removal of loam, peat, gravel, soil, rock, or ether material substance in such manner as to affect the surface; e. Surface use except for purposes that permit the land or water area to remain in its natural or enhanced condition; f. Activities detrimental to drainage, flood control, water conservation, erasion control, soil conservation, or fish and wildlife habitat preservation including, but not limited to, ditching, diking and fencing; g. Acts or uses detrimental to such aforementioned retention of land or water areas; h. Acts or uses which are detrimental to the preservation of the structural integrity or physical appearance of sites or properties having historical, archaeological, or cultural significance. 4. Granter's Reserved Ri hts. Grantor reserves all rights as owner of the Property, including the right to engage in uses of the Property that are not prohibited herein and which are not inconsistent with any District rule, criteria, permit and the intent and purposes of this Conservation Easement. 5. No Dedication_ No right of access by the general public to any portion of the Property is conveyed by this Conservation Easement. 6. Grantee's Liability. Grantee shall not be responsible for any costs or liabilities related to the operation, upkeep or maintenance of the Property. 7. Property Taxes. Grantor shall keep the payment of taxes and assessments on the Easement Parcel current and shall not allow any lien on the Easement Parcel superior to this Easement. In the event Grantor fails to extinguish or obtain a subordination of such lien, in addition to any other remedy, the Grantee may, but shall not be obligated to, elect to pay the lien on behalf of the Grantor and Grantor shall reimburse Grantee for the amount paid by the Grantee, together with Grantee's reasonable attorney's fees and costs, with interest at the maximum rate allowed by law, no later than thirty days after such payment. In the event the Grantor does not so reimburse the Grantee, the debt owed to Grantee shall constitute a lien against the Easement Parcel which shall automatically relate back to the recording date of this Easement. Grantee may foreclose this lien on the Easement Parcel in the manner provided for mortgages on real property. Form 1190 (01/2007) Deed of conservation Easement — Standard Page 3 of 9 8. Enforcement. Enforcement of the terms, provisions and restrictions of this Conservation Easement shall be at the reasonable discretion of Grantee, and any forbearance on behalf of Grantee to exercise its rights hereunder in the event of any breach hereof by Grantor, shall not be deemed or construed to be a waiver of Grantee's rights hereunder. 9. Assignment. Grantee will hold this Conservation Easement exclusively for conservation purposes. Grantee will not assign its rights and obligations under this Conservation Easement except to another organization or entity qualified to hold such interests under the applicable state laws. 19. Severability. If any provision of this Conservation Easement or the application thereof to any person or circumstances is found to be invalid, the remainder of the provisions of this Conservation Easement shall not be affected thereby, as long as the purpose of the Conservation Easement is preserved. 11. Terms and Restrictions. Grantor shall insert the terms and restrictions of this Conservation Easement in any subsequent deed or other legal instrument by which Grantor divests itself of any interest in the Conservation Easement. 12. Written Notice. All notices, consents, approvals or other communications hereunder shall be in writing and shall be deemed properly given if sent by United States certified mail, return receipt requested, addressed to the appropriate party or successor -in -interest, 13. Modifications. This Conservation Easement may be amended, altered, released or revoked only by written agreement between the parties hereto or their heirs, assigns or successors -in -interest, which shall be filed in the public records in Monroe County. TO HAVE AND TO HOLD unto Grantee forever. The covenants, terms, conditions, restrictions and purposes imposed with this Conservation Easement shall be binding upon Grantor, and shall continue as a servitude running in perpetuity with the Property. Grantor hereby covenants with said Grantee that Grantor is lawfully seized of said Property as stated above; that the Conservation Easement is free and clear of all encumbrances that are inconsistent with the terms of this Conservation Easement; and all mortgages and liens on the Conservation Easement area, if any, have been subordinated to this Conservation Easement; and that Grantor has good right and lawful authority to convey this Conservation Easement; and that it hereby fully warrants and defends the title to the Conservation Easement hereby conveyed against the lawful claims of all persons whomsoever. (SIGNATURES APPEAR ON FOLLOWING PAGES) } Form 1190 (01/2007) Deed of conservation Easement — Standard Page 4 of 9 IN WITNESS WHEREOF, FALCON PASS, LTD. has hereunto set its authorized hand this day of , ZOOS• FALCON PASS, LTD. a Florida limited partnership By: TCG FALCON PASS, LLC, a Florida limited liability company, its sole general partner By: Name. Lloyd J. Boggio Title: President (Signature) (Print) Signed, sealed and delivered in our presence as witnesses: M (Signature) M (Signature) Name: Name: (Print) (Print) STATE OF FLORIDA ) COUNTY OF MIAMI-DADE } On this day of , 2008 before me, the undersigned notary public, personally appeared Lloyd J. Boggio, the person who subscribed to the foregoing instrument, as the President of TCG FALCON PASS, LLC, a Florida limited liability company, the sole general partner of FALCON PASS, LTD., a Florida limited partnership, and acknowledged that he executed the same on behalf of said company and partnership, and that he was duly authorized to do so. He is personally known to me or has produced a Florida driver's license as identification. IN WITNESS WHEREOF, I hereunto set my hand and official seal. NOTARY PUBLIC, STATE OF FLORIDA (Signature) Name: {Print} My Commission Expires: Form 1190 (01/2007) Deed of Conservation Easement — Standard Page 5 of 9 IN WITNESS WHEREOF, SEA GRAPE APARTMENTS, LTD, has hereunto set its authorized hand this day of , 2008. SEA GRAPE APARTMENTS, LTD., a Florida limited partnership By: TCG SEA GRAPE, LLC, a Florida limited liability Company, its sole general partner By - (Signature) Name: Lloyd J. Bo io (Print) Title: President Signed, sealed and delivered in our presence as witnesses: Name: (Signature) Name: (Signature) (Print) (Print) STATE OF FLORIDA } ) ss: COUNTY OF MIAMI-DADE ) On this day of , 2008 before me, the undersigned notary public, personally appeared Lloyd J. Boggio, the person who subscribed to the foregoing instrument, as the President of TCG SEA GRAPE, LLC, a Florida limited liability company, the sole general partner of SEA GRAPE APARTMENTS, LTD., a Florida limited partnership, and acknowledged that he executed the same on behalf of said Company and partnership, and that he was duly authorized to do so. He is personally known to me or has produced a Florida driver's license as identification. IN WITNESS WHEREOF, I hereunto set my hand and official seal. NOTARY PUBLIC, STATE OF FLORIDA (Signature) Name: (Print) My Commission Expires: Form 1190 (01/2007) Deed of Conservation Easement — Standard Page 6 of 9 MORTGAGEE JOINDER, CONSENT AND SUBORDINATION For Ten Dollars ($10.00) and other good and valuable consideration, the adequacy and receipt of which are hereby acknowledged, WACHOVIA BANK, National Association, the owner and holder of a Mortgage and Security Agreement and Fixture Filing dated .tune 23, 2005, given by FALCON PASS, LTD., a Florida limited partnership to WACHOVIA BANK, National Association („Mortgagee"), encumbering the real property described on Exhibit "A-1" attached hereto (the "Falcon Property"), which is recorded in Official Records Book 2134, at Page 1951, as amended by Mortgage Modification recorded in Official Records Book 2233, Page 1123 and by Second Mortgage Modification recorded in Official Records Book 2217, Page 1486, and as further modified by Third Modification , Spreader Agreement and Partial Release of Mortgage Agreement recorded in Official Records Book 2323, Page 747; AND the owner and holder of that certain Leasehold Mortgage, Security Agreement and Fixture Filing dated September 26, 2007, given by SEA GRAPE APARTMENTS, LTD., a Florida limited partnership to Mortgagee, encumbering the real property described on Exhibit "A-2" attached hereto (the "Sea Grape Property") which is recorded in Official Records Book 2323, at Page 852, all of the Public Records of Monroe County, Florida (said Mortgage and Leasehold Mortgage are hereinafter referred to as the "Mortgages"), hereby joins in, consents to and subordinates the lien of Its Mortgages, as they have been, and as they may be, modified, amended and assigned from time to time, to the foregoing Conservation Easement, executed by Falcon and Sea Grape, in favor of the South Florida Water Management District applicable to the Conservation Easement, as said Conservation Easement may be modified, amended and assigned from time to time, with the intent that the Mortgages shall be subject and subordinate to the Conservation Easement. IN WITNESS WHEREOF, this Mortgagee Joinder, Consent and Subordination is made this day of , 2008. By: (Signature) Name: (Print) Title: WITNESSES-. By: (Signature) Name: (Print) WACHOVIA BANK, National Association (Mortgagee) By: (Signature) Name: (Print) Form 1190 (01/2007) Deed of Conservation Easement— Standard Page 7 of 9 STATE OF COUNTY OF The foregoing instrument was acknowledged before me this day of 2008, by (print name), as (title) of WACHOVIA BANK, National Association (Mortgagee, Granter of the Conservation Easement), on behalf of the association. He/She is personally known to me or has produced a (state) driver's license as identification. IN WITNESS WHEREOF, I hereunto set my hand and official seal. NOTARY PUBLIC, STATE OF (Signature) Name: (Print) My Commission Expires: Form 1190 (01/2007) feed of Conservation Easement — Standard Page 8 of 9 FEE OWNER JOINDER (Sea Grape Property) The undersigned, MONROE COUNTY, a political subdivision of the State of Florida ("Monroe County"), as the Fee Simple Owner of the Sea Grape Property described in the foregoing Deed of Conservation Easement (the "Easement'), does hereby acknowledge that the terms of the Easement are and shall be binding upon the undersigned and its successors in title, as said Conservation Easement may be modified, amended and assigned from time to time, with the intent that Monroe County's interest in the Sea Grape Property shall be subject to the Conservation Easement. IN WITNESS WHEREOF, these presents have been executed this day of , 2008. WITNESSES: MONROE COUNTY By: Print Name: Name: Title: Print Name: Attest: STATE OF FLORIDA } COUNTY OF MONROE ) ss BEFORE ME, the undersigned authority, this day appeared known by me to be the of Monroe County, a political subdivision of the state of Florida, and she/he acknowledged to and before me that she/he executed the said instrument, acting in her/his said official capacity, for and as to the act and deed of said County and in its name, for the uses and purposes therein mentioned, and after being duly authorized and directed. Shelhe is: ] ] personally known to me, or [] produced as identification. WITNESS my hand and official Seal in the County and State aforesaid, on this, the day of , 2Q08• Notary Public State of Florida My Commission Expires: _ WONROE COUN y ATTORNEY APP,ROVO AS To FOR - [Date: ,�:�-tom;,,1- Form 1190 (01/2007) Deed of Conservation Easement —Standard Page 9 of 9 EXHIBIT A-1 Legal Description Falcon Property A parcel of land in Section 11, Township 66 South, Range 32 East, Key Vaca, !Monroe County, Florida, more particularly described as follows: Begin at the intersection of the East line of said Section 11 and the Southeasterly Right -of -Way line of U.S. Highway No. 1; thence South along the said East line of said Section 11 for 285.00 feet; thence !!Vest for 231.55 feet; thence North for 190.74 feet to the said Southeasterly Right - of -Way line of U.S. Highway No. 1; thence North 67"51'00" East along the said Southeasterly Right -of -Way line of U.S. Highway No. 1 for 250.00 feet to the Point of Beginning. EXHIBIT A-2 Legal Description Sea Grape Property A parcel of land in Section 11, Township 66 South, Range 32 East, Key Vaca, Monroe County, Florida, more particularly described as fellows: Begin at the intersection of the East line of said Section 11 and the Southeasterly right of way line of U.S. Highway 1; thence South along the said East line of Section 11 for 285.00 feet to the Point of Beginning; thence continue South for 574.00 feet; thence West for 91.55 feet; thence North for 24.61 fleet; thence West for 140.00 feet; thence North for 549.39 feet; thence East for 231.55 feet to the Paint of Beginning. Exhibit B, Page i of 4 Exhibit B, Page 2 of 4 Exhibit B, Page 3 of 4 ARa F-. Rzecr, P.A. Pft0PE.551011AL 5t1RVEY0R AND MAPPER 30364 OUAIL R005T TRAIL, BIG FINE KEY, t 33043 j GF'-'fCE 005) 572 - 1546 �1 , AX (305) 572 - %22 T, tE PI;RPC5E Of TM5 5MCH 15 TO Uv5TRATZ Ti T LEGAL 6E5CFUTION, NZWLY CR1 A7EC ON TH15 © I E BY THE UNDER51GNED ARC? 5HOWN BELOW. IT 15 NOT A SURVEY 0° ihlf LAND5 f3E NG DE5CMBE0 HEREINI (5ce chap. 6 I G 17.6,OOC Flcncis Aam. Code and Chap_ 472.027 1l011,0 5tatvte5), 5EE 13CLOW FOR SAID DE5CR1PTION. A parcel of !and in Section I I , Towrr,5hip CC 5oith, Range 32 Ea5t, Key Vaca, Monroe County, Ronda, more particularly desorihed a5 Foltd�+r5: Commencing at the €1ter9ectIon of the East hne of Said 5ect+on I ? and the Southeasterly rght-of-shay i ne cf U.S. hi€ghway No. 1, said point beirw the Paint of 5egu;nm'g: thence 5G7'51 COW ak>ngsa€d nght-of-way line of U.S, hhcbway No. I for 122.1 I feet; thence 527° 12'25W for 7.65 feet; thence 518°48`3,51VV for 7.60 feet; thence 51 M4'05W for $.00 feet; thence 574'4602'W for 10.03 feet; thence 5G5123' J 2'%V for 8.64 feet; thence 554°47'42"W for 7.75 feet; thence 543'54'04 W for 6.81 feet; thence S33413 25W for 6.13 feet; thence 524° i 7'29 W for 6.82 Feet; thence 5 t 4'35'53'W for 6.31 feet; thence 505°32`37"W for 6.29 feet; thence 502°49'2.4t for G-GA poet; thence 5 t O'S209"f` for 7.41 feet; thence 5199t3C OG"E for 3,77 Feet; thence 5275V58"E for 1 I.47 feet: teenc6 535'5O'25"E for 1 1,51 feat; thence 543'44'03"t for 1 1.04 feet; thence 551 "34'4G"E for 9.25 feet; thence 559°28Y37"E for 15.74 Feet; th,-noe 5£,8°37'37"E for 9,49 Feet. thence 578'S f 5YE fine 5.52 feet; thence 569'30130"E for 10.89 feet, thence 522' l 440"E for 6.02 feet; thence 531' 1(716°E for 9.39 feet; thence 518°02'23'01 far 9.96 fees; thence 506°2436"W for 5.75 feet, thence 5001635"E for 8,95 Peet; thence 51 W J15'46"L for 9.40 feet; theme 530' 13'02'f! for [ 5.14 feet; thence 50.3° 14' 1 I'E for 12.49 Peet; thence 518'49'50"t fcr 9.19 feet; thence 52642V4"E for 9.57 feet; thence 540'310I °E for 9.01 feet; thence 550148'22'1 for 6.67 feat:; thence 510'03'00"W for 8.30 feet; thcnca 501 °35'28"E far 53 54 Feet; thence 51 1 ° 16' J 0"E For 11.46 feet; thence 517°31 00'E. for I G.63 meet; thence 523° 1 ZOG" E for 26, i 3 facet; thence 525' 1 1 '34" E for 1$.65 feet; ts�ense SOQ'OQ'0C7 W for 21 .9l feet; thence 552'34'35`W for 1 1.10 feet; thence N89'5V54"W for 13.25 feet; thence 57a142'25"W for 9.02 feet; thence 539002125"V 4or 3.77 feet; thence 510'59' 14"W for 1 t .3 I Peet; thence 5201 273"E for 17,4E feet; thence 505' 15'38"E for $_80 feet; thence 505°39 17°W for 7.29 feet; thence 502'2457E for 1$.85 feet; thence 506°47'27W for 5.36 feat; thence 527'0<3%'E for 10,73 feet; thence 535' 14'5 I'E for I I .07 feet; thence 503°3857E for 19.57 feat; thence 503' 1432vW for 5.03 feet; th_n:e 5 i 7°28QG"r° for 9.82 feet; thence 545'0949"E for 7,67 feet; thence 565°3G'O I " E for 7.57 feet; ther4a 51 I °09'WE for 5.57 feet; thence 55501 Cv I I'W far 5,85 feet; thence N89'54' J 41W for 5,31 feet; thence 570'Q8'54'W for 6.2 J feet; thence 516' 16'2&W fa' 4.28 feet; then: e 500107' 12"W fcr 15.88 feat; thence 5 i 8' 0'52"E for 8,35 feet; thence 505039'37"E for 4.85 feet; thence $39°52 OXE For 10, 54 feet; thc%4 5 18°5024"E for 53 41 feet; then e 509*0 I'38"E for 6.35 feet; thence 51 1'59'33°E for GZ8 feet; thence 501 °264G't for 5.17 feet; thence 524°4053"C for 1 0,50 feet; thence 545°00'00't for 4.30 feet-, thence N59°05' 1 2"F for 10.44 feet; thence 555139'20 E for G.69 feat; thence 500'00103"E for 7,1 1 feet; thence 5 13° 13'0 I'Jw for 10.68 feet; thence 503°0530"E far 14,04 feet; thence 545°00'07E for 3.72 Feet; thcnca N00°00'00T a" sold East hod of Scctcon I I fcr 651 .90 Feat back to the Point of Beginnino. 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