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Land Use Restriction Agreement 11/09/2023 Doc#2439721 Bk#3250 Pg#1077 Electronically Recorded 11/13/2023 at 10:07 AM Pages 6 Filed and Recorded in Official Records of MONROE COUNTY KEVIN MADOK ElectronicallyREC:$52.50 THIS INSTRUMENT PREPARED BY AND RETURN TO: Gregory S.Oropeza,Esq. Oropeza,Stones,&Cardenas,PLLC 221 Simonton Street Key West,FL 33040 LAND USE RESTRICTION AGREEMENT Block 1,Lot 8,Amended Plat of The Ladies Acre,according to the Plat thereof,recorded in Plat Book 5,Page 96,of the Public Records of Monroe County,Florida Parcel ID#00222830-000000 THIS LAND USE RESTRICTION AGREE NT (hereinafter"Agreement") is made and entered into as of the O` day of pbviNvi ,, 2023, between MONROE COUNTY (hereinafter "County") and the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, a land authority pursuant to section 380.0663(1), Florida Statutes and Monroe County Ordinance No. 031-1986 (hereinafter "Land Authority"), and their respective successors and assigns. RECITALS A. The site is legally described as Block 1,Lot 8,Amended Plat of The Ladies Acre, according to the Plat thereof, recorded in Plat Book 5,Page 96, of the Public Records of Monroe County,Florida,Parcel ID#00222830-000000 B. The County has adopted Resolution 489-2023 requesting the Subject Property be conveyed to the County for affordable housing. C. The Land Authority has adopted Resolution 41-2023 authorizing conveyance of the Subject Property. D. The County has agreed that the Subject Property shall only be used consistent with. Florida Statutes 380.0666(3)(a)for affordable housing and shall be leased to Habitat for Humanity of Key West and the Lower Keys, Inc. (hereinafter"Habitat for Humanity). NOW, THEREFORE, in consideration of the mutual covenants and undertakings set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,the County and Land Authority do hereby contract and agree as follows: Page 1 of 6 ARTICLE I COMPLIANCE WITH LAND AUTHORITY REQUIREMENTS In order to comply with the Land Authority's requirements pursuant to section 380.0663(1), et seq., Florida Statutes ("Land Authority Statute") and Monroe County Ordinance No. 031-1986, the County hereby covenants and agrees as follows: 1.01 The restrictions contained in this Article I shall not expire, shall run with the Subject Property in perpetuity and shall be binding upon the County. 1.02 Use of the Subject Property shall be restricted to affordable housing as defined in Florida Statute 380 which requires household income not exceed 160% of the Area Median Income. Nothing contained herein shall preclude the Habitat for Humanity, County, or State or any other entity providing affordable housing on the subject property from setting more restrictive income limits than those imposed by the Agreement. If the Land Authority Statute is amended from time to time, Habitat for Humanity shall have the ability to utilize any portions of the Land Authority Statute thereby amended,which may be less restrictive.. If the Land Authority Statute is not amended to allow families that purchase the homes constructed by Habitat for Humanity to income qualify at the time of purchase only,Habitat for Humanity shall have the ability to repay the original contract purchase price Land Authority paid, shown in Article II and this Agreement may be released. 1.03 The County is responsible for ensuring compliance with the restrictions in this Article I and expressly agrees to furnish, upon the Land Authority's request, written certification. thereof. ARTICLE II CONSIDERATION The Land Authority purchased the Subject Property for $99,000, as an inducement to the County to restrict use of the Subject Property to affordable housing in perpetuity. In consideration of said Land Authority funding for the foregoing purposes, the County and Land Authority have entered into this Agreement. ARTICLE III RELIANCE In performing its duties hereunder, the Land Authority may rely upon statements and certificates of the County, its tenants, and the residents of the Subject Property believed to be genuine and to have been executed by the proper person or persons, and upon audits of the books and records of the County pertaining to occupancy of the Subject Property. Page2of6 ARTICLE IV TERM This Agreement shall become effective upon its execution and delivery and shall remain in full force and effect without expiration,unless modified by mutual written consent of the parties. ARTICLE V ENFORCEMENT If the County defaults in the performance of its obligations under this Agreement or breaches any material covenant, agreement or warranty of the County set forth in this Agreement, and if such default remains uncured for a period of thirty (30) days after written notice thereof shall have been given by the Land Authority to the County,then the Land Authority may take any action at law or in equity or otherwise to address said default(s). However, if the default stated in such notice can be corrected, but not within the thirty (30) day period, and if the County adopts a plan to correct or cure the default and commences the correction within the thirty (30) day period (subject to any rights of tenants in possession of units under a valid lease agreement),and thereafter diligently pursues the same to completion within such extended period, the Land Authority shall not have waived its right of enforcement if the default remains uncured after the expiration of the extended cure period. ARTICLE VI RECORDING AND FILING; COVENANTS TO RUN WITH THE LAND 6.01. Upon execution the County shall cause this Agreement and all amendments and supplements hereto to be recorded and filed in the official public records of Monroe County and shall pay all fees and charges incurred in connection therewith. 6.02 This Agreement and the covenants contained herein shall run with the land and shall bind, and the benefits shall inure to, respectively, the County and Land Authority and their respective successors and assigns during the term of this Agreement. ARTICLE VII GOVERNING LAW This Agreement shall be governed by and construed in accordance with the laws of the State of Florida, with respect to both substantive rights and with respect to procedures and remedies. ARTICLE VIII NOTICE AND EFFECT All notices and other communications to be made or permitted to be made hereunder shall be in writing and shall be delivered to the addresses shown below or to such other addresses that the parties may provide to one another in accordance herewith. Such notices and other communications shall be given by any of the following means: (a)personal service or(b) national Page 3 of 6 express air courier, provided such courier maintains written verification of actual delivery. Any notice or other communication given by the means described in subsection (a) or (b) above shall be deemed effective upon the date of receipt or the date of refusal to accept delivery by the party to whom such notice or other communication has been sent. Land Authority: Monroe County Land Authority 1200 Truman Avenue, Suite 207 Key West, FL 33040 Attention: Executive Director County: Monroe County 1100 Simonton St Key West, FL 33040 Attention: County Administrator Monroe County Office of County Attorney 1111 12th Street Suite 408 Key West, FL 33040 Attention: County Attorney Any party may change said address by giving the other parties hereto notice of such change of address in accordance with the foregoing provisions. ARTICLE IX MISCELLANEOUS 9.01. If any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining portions shall not in any way be affected or impaired. 9.02. This Agreement may be simultaneously executed in multiple counterparts, all of which shall constitute one and the same instrument and each of which shall be deemed to be an original. Page 4 of 6 COUNTERPART SIGNATURE PAGE TO LAND USE RESTRICTION AGREEMENT Block 1,Lot 8,Amended Plat of The Ladies Acre, according to the Plat thereof,recorded in Plat Book 5, Page 96, of the Public Records of Monroe County, Florida Parcel ID#00222830-000000 IN WITNESS WHEREOF,the County and Land Authority have caused this Agreement to be signed, sealed and attested on their behalf by duly authorized representatives, all as of the date first set forth above. WITNESSES: Monroe County Print: b p v 11 . By: ayor Craig Cates Print: G\A"Zsulkis Address: 1100 Simonton Street Key West,Florida 33040 Approved as to form and legality Ro ert Shillinger, Esq. STATE OF FLORIDA COUNTY OF MONROE The foregoing instrument was acknowledged before me by means of physical presence this -1 day of Accv , 203by Craig Cates as Mayor of Monroe County. Said person is personally known to me or has produced a valid driver's license as identification. (41VV60(21,-- I IliThNotary Public; State of Flo i DA LEGGETT ission#GG 966481Print Name: A�/1 � . \ r - i 2024 s March 5, My Commission Expires: Ck" ' 5, O39 TMu Troy Fain Insurance 800-385.7019 My Commission No.: U,G, `i l0`t Page 5 of 6 COUNTERPART SIGNATURE PAGE TO LAND USE RESTRICTION AGREEMENT Block 1, Lot 8, Amended Plat of The Ladies Acre, according to the Plat thereof,recorded in Plat Book 5,Page 96, of the Public Records of Monroe County,Florida Parcel ID#00222830-000000 IN WITNESS WHEREOF, the County and Land Authority have caused this Agreement to be signed, sealed and attested on their behalf by duly authorized representatives, all as of the date first set forth above. WI ES: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Print:eMet By: David Ri ce,d P. R><ce, Chairman Print: I-0 V\ v Address: 1200 Truman Avenue, Suite 207 Key West, Approved as to form and legality [SEAL] ,: 't. )� }} 'I ..? ) ._gip.".: p.Nil Gregory S. Oropeza,Esq. r STATE OF FLORIDA- COUNTY OF MONROE f,:,t,,iso The 20 foregoin instru ent was acknowledged before me by means of physical presence. y this 1i�a of .i��` �by David P. Rice, as Chairman of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY,a land authority pursuant to section 380.0663(1),Florida Statutes and Monroe County Ordinance No.031-1986,on behalf of the Land Authority. Said person is personally known to me has prod ed a u d river's license as identification. Notary ublic• State of Florida ,•osiY'Piie' DiNAANN Print Name: . \ \W&11 Y\ tiff>. GAMBUZZA Notary Public-State of Florida i My Commission Expires: All 2-1 o Commission#HH 424218 " My Commission No.: \�.-1k- My Comm.Expires Sep 17,2027 E Bonded through National Notary Assn. 0 Page 6of6