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Resolution 156-2024 2 � it P Y 3 r� 5 7 8 MONROE COUNTY BOARD OF COUNTY COMMISSIONERS 9 10 RESOLUTION NO. 156 -2024 11 12 A RESOLUTION APPROVING A REQUEST FOR TERMINATION OF A 13 DEVELOPMENT AGREEMENT BY AND BETWEEN LONGSTOCK II 14 LLC D/B/A STOCK ISLAND MARINA VILLAGE ("SIMV") AND 15 SUCCESSORS-IN-INTEREST STOCK ISLAND OWNER LLC AND KW 16 PERRY LLC AND THE MONROE COUNTY BOARD OF COUNTY 17 COMMISSIONERS ("MONROE COUNTY"), RELATING TO THE 18 REDEVELOPMENT OF PROPERTY LOCATED AT 7001 AND 7025 19 SHRIMP ROAD,MILE MARKER 5,DESCRIBED AS PARCELS OF LAND 20 IN SECTION 35, TOWNSHIP 67 SOUTH, RANGE 25 EAST, STOCK 21 ISLAND MONROE COUNTY, FLORIDA, CURRENTLY HAVING 22 PROPERTY IDENTIFICATION NUMBERS 00123761-0004001 AND 23 00123761-000800.2 24 25 26 WHEREAS, the Monroe County Board of County Commissioners ("Monroe County" or 27 the "County") on July 16th, 2014, approved Resolution No. 177-2014 approving a Development 28 Agreement(hereinafter the"2014 Development Agreement")by and between Monroe County and 29 Longstock II LLC d/b/a Stock Island Marina Village("SIMV,,),3 said 2014-executed Development 30 Agreement of which was recorded at Book 2696, Page 1445, of the Official Records of Monroe 31 County, Florida; and 32 33 WHEREAS, the 2014 Development Agreement constitutes a covenant running with the 34 land, which is binding upon the Parties, their successors in interest, assigns, and personal 35 representatives; and 36 37 WHEREAS, Bart Smith, Esq., on behalf of successors-in-interest Stock Island Owner 38 LLC and KW Perry LLC submitted a request to terminate the Development Agreement on or about 39 January 10, 2024; and 40 41 WHEREAS, Section III.(K.)(c.) of the instant 2014-approved Development Agreement, 42 implementing Florida Statutes Section 163.3225, provides that"termination shall require at least 1 Currently having an address of 7001 Shrimp Road, Stock Island. z Currently having an address of 7025 Shrimp Road, Stock Island. Monroe County and SIMV,inclusive of the successors-in-title and successors-in-interest to SIMV,shall hereafter be referred to as the"Parties". 1 of 3 43 two (2) public hearings. The hearings shall be held pursuant to an application filed with 44 Monroe County[.]" (Emphasis supplied); and 45 46 WHEREAS, the first such public hearing before Monroe County was accordingly 47 conducted at a duly noticed public hearing held by Monroe County at a regularly scheduled public 48 meeting of Monroe County conducted on February 21, 2024; and 49 50 WHEREAS, Monroe County does not oppose the applicant's request to terminate the 51 Development Agreement; 52 53 NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY 54 COMMISSIONERS OF MONROE COUNTY, FLORIDA: 55 56 Section 1. Title, Recitals, Purpose, and Intent. The foregoing title,recitals, findings of fact, 57 and conclusions of law are true and correct and are hereby incorporated as if fully 58 set forth herein. 59 60 Section 2. Monroe County hereby approves the above-referenced request to terminate the 61 subject July 2014 Development Agreement by and between Longstock II LLC d/b/a 62 Stock Island Marina Village ("SIMV") and successors-in-interest Stock Island 63 Owner LLC and KW Perry LLC and Monroe County. 64 65 Section 3. Construction and Interpretation. The interpretation of this Resolution, and all 66 provisions of the Monroe County Codes, Comprehensive Plan, floodplain 67 management regulations, Florida Statutes, and Florida Building Code whose 68 interpretation arises out of, relates to, or is interpreted in connection with this 69 Resolution,these being necessary for the health, safety, and welfare of the residents 70 of and visitors to unincorporated Monroe County, shall be liberally construed in 71 favor of Monroe County, and such interpretations shall be entitled to great weight 72 in adversarial administrative proceedings, at trial, and on appeal. 73 74 Section 4. Non-Reliance / Non-Reliance by Third-Parties. No natural person or legal 75 person, including but not limited to any business entity or non-profit organization, 76 may cite or rely upon this Resolution to enforce or attempt to enforce any theories 77 of precedent or third-party theories of relief, claims, entitlements, or benefits. 78 79 Section 5. No Liability. Monroe County expressly reserves and in no way shall be deemed to 80 have waived, for itself or for its officer(s), employee(s), or agent(s), any sovereign 81 or governmental defense, immunity, exemption, or protection against any suit, 82 cause of action, demand, or liability, or any other similar defense, immunity, 83 exemption, or protection against any suit, cause of action, demand, or liability. 84 85 Section 6. Severability. If any provision of this Resolution, or any part or portion thereof, is 86 held to be invalid or unenforceable by any administrative hearing officer or court 87 of competent jurisdiction, the invalidity or unenforceability of such provision, or 88 any part or portion thereof, shall neither limit nor impair the operation, 2of3 89 enforceability, or validity of any other provision of this Resolution, or any 90 remaining part(s) or portion(s)thereof. All other provisions of this Resolution, and 91 remaining part(s) or portion(s) thereof, shall continue unimpaired in full force and 92 effect. 93 94 PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, 95 Florida, at a regular meeting held on the 17th day of April, 2024. 96 97 Mayor Holly Merrill Raschein Yes 98 Mayor Pro Tern James K. Scholl Yes 99 Commissioner Craig Cates Yes 100 Commissioner Michelle Lincoln Yes 101 Commissioner David Rice Yes 102 103 104 BOARD OF COUNTY COMMISSIONERS 105 OF MONROE COUNTY, FLORIDA 106 107 By441 ci MAYOR HOLLY MERRILL RASCHEIN 1=pK0 9 I: •„ '1 7 A�11z's...`.-•'._> CY�tZ ; -n..(;<<'.rj ;` ct °F a MONROE COUNTY ATTORNEY fl:, 1-,.., SEAL) Rr_�^{1 r, 1 1-,'., �t 1= Late: - 4 C7j ) \ C ! f• �iV 11; I 2 = ATgTE'ST•,�_ _ VIN MADOK, CLERK t t a 11 0 114rr. 115 ``��v �� � ''1A5 D 'UTY Ca>leic, RK 116 r'".`,:. 9wrrr ;z 3of3