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HomeMy WebLinkAboutDocumentation_Regular_Tab 12_1/11/2024 Agenda Item #12. Regular Council STAFF MEMO Meeting: Regular Council - Jan 11 2024 Staff Contact: Marjorie Craig, Utilities Director Department: Utilities Consider Approval of a Utilities Developer Agreement with 300 Beach Road Developer, LLC The Village of Tequesta Utilities Department (UD) recommends approval of a developer agreement between the UD and 300 Beach Rd Developer, LLC, a Delaware limited liability company (Developer), for a term of five years. The Developer is planning to construct a multi-family development (Development) at 300 Beach Road in the Village. The Development consists of 26 condominium units and a pool area with a cabana to be built in a single phase, currently referred to as The Atlantic One (formerly, The Savoy). As can be seen in Exhibit "B," the total amount due at execution of the agreement is $219,605.07. This is for capital connection charges, meter installation charges, contribution in aid of construction for a pipe replacement project that will benefit the Development, and an escrow to be set up to cover costs for plan and permit reviews, plus a 10% administrative fee as required in the Utilities ordinance. The pipe replacement project referenced is a fully designed and permitted project that will benefit the development called "Water Main Replacement Project #2 Beach Road Phase 2" (WM#2 PH2) which is the second phase of water main replacement project #2 on the UD's water distribution system capital list of improvement projects. WM#2 PH2 will be primarily funded by a State Revolving Fund (SRF) loan, is moving through that process, and has not yet been bid and awarded. Therefore, the cost allocation in Exhibit "B" is still an estimate. Exhibit "C" outlines the work to be done that will benefit the Development from WM#2 PH2, for which the Developer will reimburse the Village at actual costs plus 10% administrative fees. The Developer will initially provide the current estimated pro-rata share of the project and will either pay any difference in actual cost or receive a refund if the project is built for less money. The term of the agreement is five years and may be extended another five years by execution of a term extension agreement to be recorded against the property and among other things, requires payment of any additional fees required under Utilities Policies and Procedures. The agreement has been reviewed by both the Village Attorney's office and the Developer. This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561- 768-0443. Page 215 of 428 Agenda Item #12. BUDGET • - • BUDGET AMOUNT N/A AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A FUNDING SOURCES: N/A IS THIS A PIGGYBACK: ❑ Yes M N/A DID YOU OBTAIN 3 QUOTES? ❑ Yes 0 N/A QUOTE 1 - BUSINESS NAME N/A QUOTE AMOUNT N/A QUOTE 2 - BUSINESS NAME N/A QUOTE AMOUNT N/A QUOTE 3 - BUSINESS NAME N/A QUOTE AMOUNT N/A COMMENTS/EXPLANATION ON SELECTION Not related to a procurement item POTENTIAL • •N / DIRECTION REQUESTED: The Utilities Department recommends approval of this agenda item 23.1206.300 Beach Road - Developer Agreement. Developer Signed Page 216 of 428 Agenda Item #12. DEVELOPER AGREEMENT THIS AGREEMENT is made and entered into this day of , 2023, by and between 300 Beach Road Developer LLC, a Florida limited liability company with offices located at 19950 West Country Club Drive, 1011 Floor, Aventura, FL 33180, hereinafter referred to as "Developer," and the Village of Tequesta, Florida, a Florida municipal corporation with offices located at 345 Tequesta Drive, Tequesta, Florida 33469, hereinafter referred to as "Village." WHEREAS, Developer owns or controls lands located in Palm Beach County, Florida, and described in Exhibit "A," attached hereto and made a part hereof as if fully set out in this paragraph, and hereinafter referred to as the "Property," and Developer intends to develop the Property by erecting thereon individually metered residential units, general service units, or a combination of these; and WHEREAS, Developer desires that the Village provide water supply and distribution service for Developer's Property herein described; and WHEREAS, The Village is willing to provide, in accordance with the provisions of this Agreement and Village's Utilities Policies & Procedures, water service to the Property and thereafter operate applicable facilities so that the occupants of the improvements on the Property will receive an adequate water supply from the Village. NOW, THEREFORE, for and in consideration of the premises, the mutual undertakings and.agreements herein contained and assumed, Developer and Village hereby covenant and agree as follows: 1. The foregoing recitals are true and correct and are made and considered to be a part of this Agreement. 2. The following definitions and references are given for the purpose of interpreting the terms used in this Agreement and apply unless the context indicates a different meaning: a) "Capacity Reservation Fee" - An amount of money sufficient to defray the Village's cost of maintaining stand-by service availability for the Developer. b) "Consumer Installation" - All facilities ordinarily on the consumer's side of the point of delivery. c) "Contribution-in-aid-of-Construction" (CIAC) - The sum of money and/or the value of the property represented by the cost of the water distribution systems constructed or to be constructed by a Developer or owner, which Developer or owner transfers, or agrees to transfer, to Village at no cost to Village, in order to induce Village to provide water utility service to specified property. d) "Development Phase"-A subdivision or construction phase of the construction of utility(ies)facilities on the Property. e) "Equivalent Residential Connection" (ERC) - A factor used to convert a given Page 217 of 428 Agenda Item #12. average annual daily flow (AADF) to the equivalent number of units required for connection to the Village's system. For residential purposes, all single- family units shall constitute one ERC. For non-residential one ERC shall equal two hundred and fifty (250) gallons per day (AADF). The determination of the number of ERCs for the Property shall be subject to factors as outlined in the Village's Utilities Policies & Procedures. f) "Notice to Proceed" - A document executed by Developer expressing a formal order, pursuant to this Agreement, for specific water. g) "Point of Connection"-A point of entry into the Village water distribution system or water utility facility (Village Water Utility System), as designated by the Village to a water customer; the point at which the customer receives water utility service. Unless otherwise indicated, the point of connection shall be the customer's side or discharge side of the water meter(s) that will be utilized for the delivery of water service. Village shall, according to the terms and conditions hereof, own all pipes and appurtenances to the point of delivery, unless otherwise agreed upon. The pipes and appurtenances inside the point of connection shall belong to others. h) "Property' - The area or parcel of land described in Exhibit "A" by legal description, and as shown in Exhibit "D" attached hereto and made a part hereof. i) "Service" - The readiness and ability on the part of the Village to furnish and maintain water service to the point of connection for each lot or tract. j) "Utilities Policies&Procedures"(UPAP)—The Utilities Policies and Procedures of the Village, which include the Water Service Policy ("WSP"), the Water Extension Policy ("WEP"), the Cross-Connection Control Policy, the Design Criteria & Specifications, the Standard Details, the Rate Schedule, and other Village Utilities Department policies and procedures adopted and revised from time to time by the Village and/or Village Council. k) "Village Water Utility System" the Village Utilities Department's water distribution system or water utility facility(ies). 3. Assurance of Title - Within a period of forty-five (45) days after execution of this Agreement, or prior to Developer requesting a Notice to Proceed from the Village, at the expense of Developer, Developer agrees to deliver to Village a copy of the Title Insurance Policy or an opinion of title from a qualified attorney-at-law, with respect to the Property, which opinion shall include a current report on the status of the title, setting out the name of the legal title holders, the outstanding mortgages, taxes, liens, and covenants. The provisions of this paragraph are for the purpose of evidencing the Developer's legal right to grant the exclusive rights of service contained in this Agreement. Page 2 of 22 Page 218 of 428 Agenda Item #12. 4. Applicable Charges - In addition to the contribution of any water distribution system components, where applicable, and further to induce Village to provide water service, Developer hereby agrees to pay to Village the following Connection charges: a) Capital Connection Charge - The fee assessed by the Village for the connection of existing or proposed development to the Village Water Utility System. The amount of such fee, as amended from time to time, represents the proportionate share, per Equivalent Residential Connection ("ERC"), of the reasonably anticipated capital cost of expanding, oversizing, acquiring, or constructing the Village's planned and existing facilities within the Village's service area where such expansion, oversizing, acquisition, or construction is necessitated by the connection of new customers (or additional use by existing customers) to the existing utility facilities, for the benefit of new and not-yet- served customers. This fee is separate and apart from any Meter Fees or any charge/fee to recover the cost to connect a Customer's plumbing to the Village's Water Utility System. The amount of said charges shall be adopted by resolution of the Village Council. b) Plan Review Charge -A charge which reflects the actual cost of reviewing and approving governmental agency applications, construction/engineering plans, and shop drawings, plus a 10% administrative fee. For purposes of this Development, an escrow account will be set up to draw against, as detailed in Exhibit B of this agreement. c) Inspection Charge - A charge which reflects the actual cost of inspection of water facilities installed by the Developer. The amount of said charge shall be the charge listed in the Village's Master Fee Schedule at the time of inspection, plus a 10 % administration fee as per the current resolution. d) Meter Installation Charge - The applicable charges for water meters of sufficient capacity for all single-family, residential, multi-family, mobile home, commercial installation, or any other connection requiring a measuring device. The amount of said charge shall be the charge listed in the Village's Master Fee Schedule at the time of meter application. Payment of the Connection charges does not and will not result in Village waiving any of its rates or rules and regulations, and their enforcement shall not be affected in any manner whatsoever by Developer making payment of same. Village shall not be obligated to refund to Developer any portion of the value of the connection charges for any reason whatsoever, except for that which may be provided for in Exhibit "C," nor shall Village pay any interest or rate of interest upon the connection charges paid. Neither Developer nor any person or other entity holding any of the Property by, through or under Developer, or otherwise, shall have any present or future right, title, claim or interest in Page 3 of 22 Page 219 of 428 Agenda Item #12. and to any charges paid or to any of the water facilities and properties of Village, and all prohibitions applicable to Developer with respect to no refund of charges and otherwise, are applicable to all persons or entities, except for that which may be provided in Exhibit"C". Any user or consumer of water service shall not be entitled to offset any bill or bills rendered by Village for such service or services against the required charges paid. Developer shall not be entitled to offset the Connection charges against any claim or claims of Village, including claims for breach of contract, damages or charges of the like of the Village. 5. Payment — Developer shall pay, in full, Connection charges for all capacity reserved hereunder at the time of execution of the Agreement. This payment may be for the entire project or specific phases. However, capacity shall be reserved only for that amount of capacity for which Connection charges have been paid. In the event Developer elects to pay Connection charges in phases, it shall pay such Connection charges in full for each phase prior to the commencement of each such phase. 6. Equivalent Residential Connections Reserved - The parties agree that the capacity needed to provide service to Phase 1 of the development of the Property is 26 equivalent residential connections (ERC's) for potable water supply. Developer agrees that the number of units of capacity reserved hereby shall not exceed the number of units of development for which capacity is reserved hereby pursuant to Exhibits "B" and "C". 7. Notice to Proceed - The parties recognize that before Village can begin to carry out this Agreement, Developer must pay to Village all required charges as shown in the attached Exhibits and must provide Village with a written Notice to Proceed, when appropriate. It is understood and agreed that Village shall be allowed a financially feasible reasonable period of time to construct facilities necessary to provide water service to the Property after issuance of the written Notice to Proceed. The water system contribution described in Exhibit C attached hereto for the Aid-in-Construction is currently an estimate and the actual cost of the water system materials will be paid by the Developer. 8. Capacity Reservation Fees — The Village charges and collects Capacity Reservation Fees from property owners, builders, and/or Developer in order to defray the Village's costs for ownership, operation, and maintenance of non-used and useful utility facilities as outlined in Village's Utilities Policies & Procedures. Village shall invoice Developer and Developer shall pay Capacity Reservation Fees on all reserved phases of Developer's project commencing at the time that Developer executes this Agreement with Village. Developer understands that capacity is guaranteed for Developer's needs only for and to the extent that Connection Fees and Capacity Reservation Fees are paid. Stated otherwise, if Developer elects not to pay Connection Fees and Capacity Reservation Fees on all phases of its construction project, it understands that it risks capacity not being available for Developer's needs for such phase(s)when Developer needs the same. A lapse in the timely payment of Capacity Reservation Fees shall result in a lapse of all remaining reserved capacity. As active connections are made, the Capacity Reservation Fee obligation of Developer shall be proportionately reduced. The Capacity Reservation Fees shall be invoiced to Developer by Village on the first of each month for the preceding month. 9. Off-Site Installation - To induce Village to provide water treatment, transmission and Page 4 of 22 Page 220 of 428 Agenda Item #12. distribution facilities, and to continuously provide consumers located on the Property with water services, unless otherwise provided for herein, as a contribution-in-aid-of-construction, Developer will be responsible for the actual cost of the installation of the water system materials referred to in Exhibit "C" herein, as amended from time to time by Village. Developer shall cause to be prepared three 3 copies of the applications for permits and three 3 sets of finalized engineering plans prepared and sealed by a professional engineer registered in the State of Florida, along with a copy of the final estimate of quantities covering all contract items that are to be dedicated to Village. Plans shall show the on-site water distribution systems proposed to be installed to provide service to consumers within the Property. Such plans will also show the interconnection of such on-site facilities to the off-site facilities of Village, or off-site facilities that may be constructed by Developer or others and given to Village. Such detailed plans may be limited to the development phase contemplated by this Agreement only, and subsequent phases may be furnished from time to time. However, each such development phase shall conform to a master plan for the development of the Property, and such master plan shall be submitted to Village concurrent with or prior to the submission of engineering plans for the first development phase. Developer reserves the right to modify his master plan at any time in such a manner as to not unduly interfere with the Village's existing facilities and, upon modification, shall submit three (3)copies of the modified plan the to Village. The cost of any modifications to the Village's existing systems or to its master plan that are caused by the Developer's modifications or changes shall be borne by Developer. Developer shall cause his engineer to submit specifications governing the material to be used and the method and manner of installation. All such plans, specifications, and shop drawings submitted to Village's engineer shall meet the approval of Village, which approval shall not be unreasonably withheld. Village reserves the right to review the revised master plan and recalculate the connection charges that are to be paid by Developer at the time the revised master plan is submitted. No construction shall commence until Village and appropriate regulatory agencies have approved such plans and specifications in writing. When permits and approved plans are returned by appropriate regulatory agencies to Developer, Developer shall submit to the Village three 3 copies of the water service permit(s) and approved plans. If construction commences prior to all such approvals and any other approvals required hereunder, Village shall have no responsibility to accept such lines or facilities, nor to perform routine inspections of such lines or facilities, and Village may elect to terminate this Agreement and/or not provide required service to Developer until such time as Developer obtains such required approvals and Village has witnessed all of its required inspections and tests. After approval of the plans, specifications and shop drawings by Village and appropriate regulatory agencies, the Developer, or the engineer of record, shall set up a preconstruction conference with the engineer of record, utility contractor, appropriate building official(s), all other utility companies involved in the development of the Property, and Village. Developer shall provide to Village's inspector a minimum of forty-eight (48) hours' notice, Page 5 of 22 Page 221 of 428 Agenda Item #12. excluding weekends and holidays, prior to the commencement of construction. Developer shall cause to be constructed, at Developer's own cost and expense, the water distribution systems as shown on the approved plans and specifications. During the construction of the water distribution system by the Developer, Village shall have the right to inspect such installations to determine compliance with the approved plans and specifications. The Developer's engineer of record shall also inspect construction to assure compliance with the approved plans and specifications. Village, engineer of record, and utility contractor shall be present for all standard tests for pressure, tracing wire continuity, and all other normal engineering tests, to determine that the systems have been installed in accordance with the approved plans and specifications, good engineering practices, as well as other federal, state and local regulations which are applicable. Developer agrees to pay to Village, or the Village's authorized agent, a sum to cover the actual cost of all inspections of installations made by Developer or Developer's contractor, which charge shall be in conformance with the Village's Master Fee Schedule in effect at the time of inspection. Upon completion of construction, the Developer's engineer of record shall submit to Village a signed copy of the certification of completion submitted to the appropriate regulatory agencies and certified to Village. If certification is for the water distribution system, a copy of the bacteriological results and a sketch showing the locations of all sample points shall be included. The engineer of record shall also submit to Village full-sized paper copies of the as-built plans prepared and certified by the engineer of record and signed and sealed by a Florida registered surveyor as well as full-sized paper copies of the recorded plat, including the dedication sheet(s). In addition, the as-built and plats shall be submitted in an electric or digital format approved by Village, as CAD files and in a PDF format. Whenever the development of the subject Property involves one consumer or unity of title of several consumers, and/or in the opinion of Village, ownership by Village of the internal water distribution systems is not necessary or proper, then at the option of Village, Developer shall retain ownership and the obligation for maintenance of such on-site water facilities located on the discharge side of a master meter as shown in Exhibit "C". For on-site facilities constructed by Developer, and the Village provides master metered service to Developer for the use of several consumers within the on-site facilities, Developer shall be required to: a) Maintain water quality at each individual outlet which is in compliance with all primary and secondary standards promulgated by the Florida Department of Environmental Protection and/or County Health Department. At no time shall such water quality standards be required to be in excess of those attained at the Village's point of delivery to the master meter. b) Institute a program of line flushing in order to help in the reduction of sedimentary deposits in the Developer's on-site lines, and reduce the possibility that water quality standards will fall below those required by subsection (i)above. Such line flushing shall be conducted in accordance with reasonable engineering standards as necessary to meet the objectives as outlined herein. Such flushing shall occur at a minimum of not less than every Page 6 of 22 Page 222 of 428 Agenda Item #12. six (6) months. Developer shall provide Village a minimum of forty-eight (48) hours' notice of the time and place of such flushing. The village shall send its representative to observe such flushing and record the amount of water used for that purpose as indicated by the meter. Developer shall be solely and directly responsible for the cost of all water used in the flushing of his on-site facilities, such billing, and collection to be conducted, in accordance with the provisions of the Village's Master Fee Schedule at the time of service. c) Developer shall be responsible for maintaining all on-site water, in accordance with reasonably prudent engineering standards. Village shall have the right to inspect the facilities of Developer during reasonable business hours upon twenty-four (24) hours' notice to Developer. If Village determines that Developer has failed to comply with the provisions of this section, Village shall provide an explanation of the reason for such violation, at which point Developer shall have twenty (20) days or such other time as is reasonably necessary to correct the deficiency. Upon failure to do so, Village shall have the power and right to discontinue service, in accordance with the provisions of its approved tariff for non-payment of bills. d) Cross connection control — Developer shall conform to the Village's Cross Connection Control Manual, including installation of the appropriate backflow preventer, in order to safeguard against cross-contamination to the Village's water distribution system. 10. Off-Site Installation— Developer maybe required to construct, at his sole expense, or may be required to compensate Village for the construction of certain off-site water facilities in order to connect Developer's on-site facilities to Village's existing water systems referred to in Exhibit"C" herein. In addition, Developer may, at Village's election, be required to dedicate all or a portion of said off-site water facilities to the Village for ownership, maintenance, and operation. All provisions in Section 9 above, entitled "On-Site Installation," pertaining to specifications, plans, permits, and approvals, including, without limitation, the provisions of Paragraphs 9(a)and 9(h)above, shall also be applicable to all off-site water facilities construction. 11. Easements - Developer hereby grants and gives to Village, its successors, and assigns, but subject to the terms of this Agreement, the exclusive right or privilege to construct, own, maintain, or operate the water facilities to serve the Property on the Village side of the master meter; and the exclusive right or privilege to construct, own, maintain, alter, replace or operate said facilities in, under, upon, over and across the present and future streets, roads, alleys, easements, reserved utility strips and utility sites, and any public place as provided and dedicated to public use in the record plats, or as provided for in agreements, dedications or grants made otherwise, and is independent of said record plats. Developer shall obtain any and all necessary off-site easements that may be required in order to carry out the terms, conditions, and intent hereof, at Developer's expense, and shall convey same to Village, in accordance with this paragraph. Development is responsible for restoration costs in any Development related easement if the Village has to perform maintenance, repairs, or other on its water system. Mortgagees, if any, holding prior liens on the Property or the Property encumbered by such Page 7 of 22 Page 223 of 428 Agenda Item #12. easements shall be required to release such liens, subordinate their position or join in the grant or dedication of the easements or rights-of-way, or give to Village assurance by way of a "non- disturbance agreement," that in the event of foreclosure, the mortgagee would continue to recognize the easement rights of Village, as long as Village complies with the terms of this Agreement. All water distribution facilities, save and except consumer installations, shall be covered by easements or rights-of-way if not located within platted or publicly dedicated roads or rights-of-way for utility purposes. All pipe, fittings, fire hydrants, and other appurtenances within the Development on the Development side of the master meter shall be owned and maintained by the Development. Developer hereby further agrees that the foregoing grants or promises of grants include the necessary right of ingress and egress to any part of the Property upon which Village is constructing or operating such facilities; that the foregoing grants shall be for such period of time as Village or its successors and assigns require such rights, privileges, or easements in the construction, ownership, maintenance, operation, or expansion of the water facilities; that in the event Developer and Village agree that Village is to install any of its water facilities in lands within the Property lying outside the streets and easement areas described above on the Village side of the master meter, then Developer or the owners shall grant to Village, without cost or expense to Village, the necessary easement or easements for such "private property" installation; provided all such "private property" installations by Village shall be made in such a manner as not to interfere with the then primary use of such"private property." Village covenants that it will use due diligence in ascertaining all easement locations; however, should Village install any of its facilities outside a dedicated easement area, Village will not be required to move or relocate any facilities lying outside a dedicated easement area, so long as the facilities do not interfere with the then or proposed use of the area in which the facilities have been installed, and so long as Village obtains a private easement for such facility location, which Developer will give if same is within his reasonable power to do so. The use of easements granted by Developer to the Village shall not preclude the use by other utilities of these easements, such as for cable television, telephone, electric, or gas utilities, or as otherwise agreed to by the Village. In the event Developer fails to actually deliver such easement, this document shall serve as Village's authorization to substitute this Agreement as a recorded easement sufficient for Village's needs. Village hereby agrees that all easement grants will be utilized in accordance with the established and generally accepted practices of the water industry with respect to the installation of all its facilities in any of the easement areas. However, this provision shall not be constructed so as to require Village to restore those improvements constructed, installed or planted within the utility easement which are not in accordance with the established and generally accepted practices of the water industry with respect to the use of utility easements. 12. Agreement to Serve - Upon the completion of construction of the on-site and off-site water facilities required hereunder by the Developer, its inspection, the issuance of the final letter of acceptance by the Village,and when all appropriate governmental agency approvals have been received, and when utility systems are in compliance with Village's Utilities Policies& Procedures, and the other terms of this Agreement,Village covenants and agrees that itwill connect or oversee the connection of the water distribution facilities installed by Developer to the central facilities of Page 8 of 22 Page 224 of 428 Agenda Item #12. Village, in accordance with the terms and intent of this Agreement. Such connection shall, at all times, be in accordance with the rules, regulations, and orders of the applicable governmental authorities. The Village agrees (i) the issuance of the final letter of acceptance (separate from the FDOH of PBC acceptance) shall constitute the Village's assumption of responsibility for the continuous operation and maintenance of the water service systems from that date forward, and (ii) that once it provides water service to the Property, and Developer or others have connected consumer installations to its system, that thereafter Village will continuously provide, at its cost and expense, but in accordance with the other provisions of this Agreement, including its Utilities Department Policies & Procedures, its rules and regulations and rate schedules, water service to the Property in a manner to conform with all requirements of the applicable governmental authority having jurisdiction over the operations of Village. 13. Application for Service: Consumer Installations —The developer, or any owner of any parcel of the Property, or any occupant of any residence, building, or unit located thereon, shall not have the right to and shall not connect any consumer installation to the facilities of Village until formal written application has been made to Village by the prospective user of water service or either of them, in accordance with the then effective rules and regulations of Village, and approval of such connection has been granted. Although the responsibility of connecting the consumer installation to the meter and/or lines of Village at the point of delivery is that of Developer or entity other than Village, with reference to such connections, the parties agree as follows: a) Application for the installation of water meters shall be made forty-eight (48) hours in advance, not including Saturdays, Sundays and holidays. b) All consumer installation connections must be inspected by Village before backfilling and covering any pipes. c) Notice to Village requesting an inspection of a consumer installation connection may be given by the plumber or Developer, and the inspection will be made within twenty-four (24) hours, not including Saturdays, Sundays and holidays, provided the water meter has been previously installed. d) If Village fails to inspect the consumer installation connection within forty-eight (48) hours, not including Saturdays, Sundays, and holidays after such inspection is requested by Developer or the owner of any parcel, Developer or owner shall not be charged with any delay caused by Village's failure to timely inspect. e) If Developer does not comply with the foregoing inspection provisions, Village may refuse service to a connection that has not been inspected until Developer complies with these provisions. f) The cost of constructing, operating, repairing, or maintaining consumer installations shall be that of Developer or a party other than the Village. Page 9 of 22 Page 225 of 428 Agenda Item #12. 14. Service Company's Exclusive Right to Village Water Utility System-Developer agrees with Village that all water facilities accepted by Village in connection with providing water services to the Property(including fire service, if applicable), shall at all times remain in the sole, complete, and exclusive ownership of Village, its successor and assigns, and any person or entity owning any part of the Property, or any residence, building or unit constructed or located thereon, shall not have any right, title, claim or interest in and to such facilities, or any part of them, for any purpose, including the furnishing of water services to other persons or entities located within or beyond the limits of the Property. Developer may provide, in accordance with Village's Utilities Department Policies & Procedures, for the availability of those water services to the Property which constitute "non-domestic" uses, such as for irrigation purposes. 15. Exclusive Right to Provide Service - Developer, as a further and essential consideration of this Agreement, agrees that Developer, or the successors and assigns of Developer, shall not (the words "shall not" being used in a mandatory fashion) engage in the business or businesses of providing potable water services to the Property during the period of time Village, its successors, and assigns, provide water services to the Property, it is the intention of the parties hereto that under the foregoing provision and also the provisions of this Agreement, Village shall have the sole and exclusive right and privilege to provide water services to the Property and to the occupants of each residence, building or unit constructed thereon, except for the providing by Developer, from its own sources and lines of water, for irrigation purposes. 16. Rates - Village agrees that the rates to be charged to Developer and individual consumers of water services shall be those set forth in the rate schedule(s) of Village. However, notwithstanding any provision in this Agreement, Village, its successors, and assigns, may establish, amend or revise, from time to time in the future, and enforce rates or rate schedule(s) so established and enforced, and shall, at all times, be reasonable and subject to regulations as may be provided by law. Rates charged to Developer or consumers located upon the Property shall, at all times, be identical to rates charged for the same classification of service as are or may be in effect throughout the service area of Village. Notwithstanding any provision in this Agreement, Village may establish, amend or revise, from time to time, in the future, and enforce rules and regulations covering water services to the Property. All provisions of the Village's Utilities Department Policies & Procedures, as amended from time to time, are made a part of and control the terms of this Agreement. However, all such rules and regulations so established by Village shall, at all times, be reasonable and subject to such regulations as may be provided by law or contract. Any such initial or future increased rates, rate schedule(s), and rules and regulations established, amended or revised and enforced by Village from time to time, in the future, as provided by law, shall be binding upon Developer; upon any user or consumer of water services provided to the Property by Village. 17. Binding Effect of Agreement - This Agreement shall be binding upon and shall inure to the benefit of Developer, Village, and their respective assigns and successors by merger, consolidation, conveyance, or otherwise, subject to the terms and conditions of this Agreement as contained herein. Developer understands and agrees that capacity reserved hereunder cannot and shall not be assigned by Developer to third parties without the written consent of Village, Page 10 of 22 Page 226 of 428 Agenda Item #12. except in the case of a bona fide sale of Developer's Property, or other valid transfer or assignment of Property, including, without limitation, the transfer or assignment of the Property as a result of a judicial proceeding, such as mortgage foreclosure or sale, and assignment for the purposes of obtaining financing. In any such case, Developer shall provide a notice of evidence of such assignment, or partial assignment as the case may be, to Village; and Village shall have the right to renegotiate the terms of this Agreement with the assignee or transferee. Such approval to sale, transfer or assignment shall not be unreasonably withheld. Nothing herein shall preclude sales of individual units and assignment of rights of water service pertaining thereto. 18. Notice - Until further written notice by either party to the other, all notices provided for herein shall be in writing and transmitted by messenger, or by certified mail, and if to Developer shall be mailed or delivered to Developer at: 300 Beach Road Developer LLC 19550 West Country Club Drive 10`1 Floor Aventura, FL 33180 Attn: Sheryl Kass Legal Department and if to Village shall be mailed or delivered to Village at: Village of Tequesta 345 Tequesta Drive Tequesta, FL 33469 Attn: Marjorie Craig Director, Utilities Department 19. Laws of Florida & Venue -This Agreement shall be governed by the laws of the State of Florida, and it shall be and become effective immediately upon execution by both parties hereto, subject to any approvals which must be obtained from a governmental authority, if applicable. The venue shall be in Palm Beach County should any dispute arise with regard to this Agreement. THE PARTIES HERETO EACH HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT EACH MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION BASED HEREON, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN) OR ACTIONS OF EITHER PARTY TO THIS AGREEMENT. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE WATER UTILITY OWNER AND THE DEVELOPER TO ENTER INTO THIS AGREEMENT. 20. Costs and Attorney's Fees - In the event Village or Developer are required to enforce this Agreement by court proceedings or otherwise, by instituting suit or otherwise, then the prevailing party shall be entitled to recover from the other party all costs incurred, including reasonable attorney's fees, including fees on appeal. 21. Force Maieure - In the event that the performance of this Agreement by Village is prevented or interrupted in consequence of any cause beyond the control of Village, including, Page 11 of 22 Page 227 of 428 Agenda Item #12. but not limited to, acts of God or of the public enemy, war, national emergency, allocation, or of other governmental restrictions upon the use or availability of labor or materials, rationing, civil insurrection, riot, racial or civil rights disorder or demonstration, strike, embargo, flood, tidal wave, fire, explosion, bomb detonation, nuclear fallout, windstorm, hurricane, earthquake, or other casualty or disaster or catastrophe, unforeseeable failure or breakdown of pumping transmission or other facilities, any and all governmental rules or acts or orders or restrictions or regulations or requirements, acts or action of any government or public or governmental authority or commission or board or agency or agent or official or officer, the enactment of any statute or ordinance or resolution or regulation or rule or ruling or order, order of decree or judgment or restraining order or injunction of any court, said party shall not be liable for such non-performance. 22. Indemnification - Developer agrees to indemnify and hold Village harmless from and against any and all liabilities, claims, damages, costs, and expenses (including reasonable attorney's fees) to which Village may become subject by reason of or arising out of Developer's breach or non-performance of this Agreement. This indemnification provision and all warranty provisions shall survive the actual connection to Village's water systems. 23. Recordation of Agreement - Upon completion of execution of this Agreement by Developer and Village, Village shall, at Developer's expense, cause this Agreement to be recorded with the Clerk of the Court of Palm Beach County. MISCELLANEOUS PROVISIONS 24. The rights, privileges, obligations, and covenants of Developer and Village shall survive the completion of the work of Developer with respect to completing the facilities and services to any development phase and to the Property as a whole. 25. This Agreement supersedes all previous agreements or representations, either verbal or written, heretofore in effect between Developer and Village, made with respect to the matters herein contained, and when duly executed, fully constitutes the agreement between Developer and Village. No additions, alterations, or variations of the terms of this Agreement shall be valid, nor can provisions of this Agreement be waived by either party, unless such additions, alterations, variations, or waivers are expressed in writing and duly signed by all signatures herein. 26. Whenever the singular number is used in this Agreement, and when required by the context, the same shall include the plural, and the masculine, feminine, and neuter genders shall each include the others. 27. Exhibits mentioned herein have been signed or initialed by the duly authorized officers, agents, or attorneys of the parties hereto, and are hereby incorporated herein by reference and made a part hereof as fully as if set forth herein. 28. Whenever approvals of any nature are required by either party to this Agreement, it is agreed that same shall not be unreasonably withheld or delayed. 29. The submission of this Agreement for examination by Developer does not constitute an offer but becomes effective only upon execution thereof by Village. Page 12 of 22 Page 228 of 428 Agenda Item #12. 30. Notwithstanding the gallonage calculations that could be made hereunder relative to the ERC's by and execution hereof, Developer agrees that the intention of this Agreement is to reserve a given number of units of capacity for the property described in Exhibit "A", and not for purposes of any other calculations. 31. It is agreed by and between the parties hereto that all words, terms and conditions contained herein are to be read in concert, each with the other, and that a provision contained under one heading may be considered equally applicable under another for the interpretation of this Agreement. 32. The parties hereto recognize that prior to the time Village may actually commence upon a program to carry out the terms and conditions of this Agreement, Village may be required to obtain approval from various state and local governmental authorities having jurisdiction and regulatory power over the construction, maintenance, and operation of Village. The village agrees that it will diligently and earnestly, at Developer's sole cost and expense, make the necessary and proper applications to all governmental authorities, and will pursue the same to the end and that it will use its best efforts to obtain such approval. The developer, at its own cost and expense, agrees to provide necessary assistance to Village in obtaining the approvals provided for herein. Upon execution of this Agreement, Village may require the payment of a reasonable fee to defray Village's legal, engineering, accounting, administrative, and contingent expenses. 33. Regardless of where executed, this Agreement shall be construed according to the laws of the State of Florida. 34. In the event that relocation of existing water utilities is necessary for the Developer, Developer will reimburse Village in full for such relocations. 35. Failure to insist upon strict compliance with any of the terms, covenants, or conditions herein shall not be deemed a waiver of such terms, covenants, or conditions, nor shall any waiver or relinquishment of any right or power hereunder at any one time or times be deemed a waiver or relinquishment of such right or power at any other time or times. 36. Village shall, at all reasonable times and hours, have the right of inspection of Developer internal lines and facilities. This provision shall be binding on the successors and assigns of the Developer. 37. This Agreement is binding on the successors and assigns of the parties hereto, including any governmental purchaser of Village. This Agreement shall survive the sale of Village to any party. 38. Notwithstanding anything herein to the contrary, Developer shall pay Village the higher of either the actual cost to Village or Developer's pro rata share of the actual cost of providing potable water service to Developer's Property or the charges provided for herein. 39. There shall be no liability, whatsoever, on Village for failure to deliver water service to Developer according to Developer's needs or schedules. This Agreement constitutes a promise Page 13 of 22 Page 229 of 428 Agenda Item #12. of good faith and not a timetable for the delivery of utility services. 40. Each party hereby agrees to grant such further assurances and provide such additional documents as may be required, each by the other, in order to carry out the terms, and conditions and comply with the express intention of this Agreement. 41. The term of this Agreement is five (5) years. Developer may extend the term of this Agreement for an additional five (5) years terms, by execution of a Term Extension Agreement to be recorded against the Property, curing any than existing defaults by the Property Owner under the then existing Agreement, and payment of any additional fees required under the Utility Policies & Procedures. This Agreement shall terminate automatically at the end of a Term, if not extended in accordance with the Utilities Policies & Procedures, and Developer agrees that the Village may record a termination of this Agreement in the event Developer has not renewed the Agreement. The termination shall extinguish all duties and obligations of the Village to Developer under this Agreement, including but not limited to the reservation of capacity or obligation to provide utility service to any ERCs not connected to Village water facilities at the time of termination, but shall not affect utility service to any customers who have connected to Village facilities and established a customer agreement with the Village as of the date of termination of this Agreement, whose water utility service shall be governed by the Water Service Policy. [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] Page 14 of 22 Page 230 of 428 Agenda Item #12. IN WITNESS WHEREOF, Developer and Village have executed or have caused this Agreement, with the named exhibits attached, to be duly executed in several counterparts, each of which counterpart shall be considered an original executed copy of this Agreement. WITNESSES: VILLAGE: Village of Tequesta, FL a Florida Municipal Corporation Witness Signature By: Molly Young, Mayor Witness Printed Name Witness Signature Witness Printed Name WITNESSES: DEVELOPER: 300 Beach Road Developer LLC, a Delaware limited liability company Witne'* s gna re By: 2L Sheryl ass, Authorized Signatory Witness Printed Name W' ess Si re rT 16AK44- % Witness Printed Name Page 14 of 21 Page 231 of 428 Agenda Item #12. WITNESSES: MORTGAGEE JOINDER (If applicable): Witness Signature Bye Witness Printed Name Witness Signature Witness Printed Name WITNESSES: MORTGAGEE JOINDER (If applicable): Witness Signature By: Witness Printed Name Witness Signature Witness Printed Name For Village: THE STATE OF FLORIDA COUNTY OF PALM BEACH The foregoing instrument was acknowledged before me by means of_physical presence or_online notarization this _ day of , 2023, by ___ _ , (name and title/position) on behalf of the Village of Tequesta who is personally known to me or who has produced a Florida driver's license as identification and who did/did not take an oath. (Seal) NOTARY PUBLIC, State of Florida Page 15 of 21 Page 232 of 428 Agenda Item #12. For Developer: THE STATE OF FLORIDA COUNTY OF I�i Glq l --k--X4dC- The foregoing instrument was ackn.. wledged before me by means of physical pre ence or_online notarization this 0 day of LZU01�- 2023, by , 4 " / I� (name and title/position) on behalf of 300 Beach Road Developer LLt. Who is personally known to me or who has produced a Florida driver's license as identification and who did/did not take an oath. Notary Public state of Florida // (Se I) I� Bianca J Cesar " /7_ 1 IIII MY Ho18075410� NOTARY PUBLIC, State of Florida Exp. 9/30/2025 For Mortgagee (If applicable): THE STATE OF FLORIDA COUNTY OF The foregoing instrument was acknowledged before me by means of_physical presence or_ online notarization this day of_ , 2023, by , (name and title/position) on behalf of (name of Mortgagee) who is personally known to me or who has produced a Florida driver's license as identification and who did/did not take an oath. (Seal) NOTARY PUBLIC, State of Florida For Mortgagee (If applicable): THE STATE OF FLORIDA COUNTY OF The foregoing instrument was acknowledged before me by means of_physical presence or_ online notarization this _day of , 2023, by _ (name and title/position) on behalf of _ (name of Mortgagee) who is personally known to me or who has produced a Florida driver's license as identification and who did/did not take an oath. (Seal) NOTARY PUBLIC, State of Florida Page 16 of 21 Page 233 of 428 Agenda Item #12. Exhibit"A" LEGAL DESCRIPTION OF PROPERTY GOMEZ GRANT N 225 FT OF S 295 FT OF LT 195 LYG E OF & ADJ TO BEACH RD R/W Page 234 of 428 Agenda Item #12. Exhibit "B" APPLICABLE CHARGES Developer agrees to pay Village the following charges which have been adopted by resolution of the Village Council. Developer understands that capacities are only reserved upon payment by Developer of applicable charges to Village. This project consists of the construction of twenty-six (26) condominium units and a pool/cabana area to be constructed in a single phase to be known as"The Savoy".The following payment schedule outlines the applicable charges to be paid at this time for capacity to be reserved. CHARGES DUE AT EXECUTION OF AGREEMENT CAPITAL CONNECTION AND METER INSTALLATION CHARGES 1 -4" Meter x $104,108.98 per Meter $104,108.98 1 — 1 112" Meter x $24,762.68 per Meter $24,762.68 Credit for existing 2" Meter $(27,766.59) PLAN REVIEW FEES (Escrow, only actual fees charged against) $ 10,000.00 LEGAL FEES $ 2,000.00 Contribution in Aid Of Construction $ 106,500.00 Total Due at Execution of Agreement $219,605.07 OTHER APPLICABLE CHARGES Developer agrees to pay, in order to induce Village to provide service, the following application charges, recording charges, plan review charges, inspection charges, and legal fees, which have been adopted by resolution of the Village Council and which may be changed from time to time: Recording Charges. Village imposes a recording charge equal to its actual cost. Developer agrees to pay Village, prior to Village's acceptance of lines and facilities, the actual recording charges. Said charges are those established by the Clerk of the Circuit Court of Palm Beach County. Plan Review Charges. Developer will set up an escrow amount of $10,000 with the Village against which the review fees will be charged, plus a 10% administrative fee. Any amount of the escrow that is not used, will be returned to Developer within six (6) months of close out (CO) of the project. Developer agrees to pay Village the plan review charge prior to Village's approval to construct the facilities. Inspection Charges. Village imposes an inspection charge per visit to the site. Developer agrees to pay same prior to Village's acceptance of lines and facilities from Developer. Charges will be the fees in the current Village Master Fee Schedule at the time of the inspection. plus a 10 % administration fee as per the current resolution. Legal Fees. Developer agrees to pay Village $2,000.00 to defer part of its legal fees and costs in the negotiation and preparation of this Agreement. Page 235 of 428 Agenda Item #12. Exhibit "C" WATER SYSTEM CONTRIBUTIONS IN AID OF CONSTRUCTION The Village will install the following offsite pipe, mains, and appurtenances thereto which shall be reimbursed by Developer within 30 days from the contract award for the construction by the Village. Said installations are identified in the preliminary plans dated May 2023 by Kimley-Horn & Associates. The preliminary cost estimate of reimbursement by Developer is estimated to be $106,500.00. Developer will be responsible for the actual cost of the installation of the On and Off Site water system materials below, plus 10% administrative costs, and if the actual cost changes after the construction is final, Developer will either pay the difference or be reimbursed for any reduction in cost: • 180 LF of 8" PVC Water Main • 20 LF of 6" PVC Water Main • Three (3) 8" Gate Valves and Valve Boxes • Three (3) 6" Gate Valves and Valve Boxes • 250 LB D.I. Fittings • Two (2) Fire Hydrant Assembly Two (2) Sample points • 60 SY Asphalt Road Restoration • 6 SY Concrete Sidewalk 50 SY Sod (Bahia) 10% of Project General Conditions & Site Restoration Page 236 of 428 Agenda Item #12. Exhibit "D" LOCATION MAP i4 y g� zap r� P _°q,.�.er- o••�""� :-`"'- � � fa 33e 6�� � z�_ atCa�14 F�\�lC !r'�i!R -- . - _ : -• R i aipe ° f Jr a 19-IR � ae d9 c a kip a c-4 ms�•ems Y: z �prag a$ s� N i @54 64g$_ �. sy ----------- Doe g L 1 I LI t 1 Ni Page 237 of 428 Agenda Item #12. lit M. ` I I _ a 0 rw ..JN � a' 51 Y1 I 1 Page 238 of 428