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HomeMy WebLinkAboutAgreement_General_10/06/2004 r AGREEMENT BETWEEN THE VILLAGE OF TEQUESTA, BAYVIEW TERRACE HOMEOWNERS ASSOCIATION AND SHADY LANE HOMEOWNERS ASSOCIATION REGARDING HOMEOWNERS' ASSOCIATIONS PARK Village of Tequesta ( "Village "), Bayview Terrace Homeowners Association ( "Bayview Terrace "), and Shady Lane Homeowners Association ( "Shady Lane ") enter into this Agreement regarding a private park open to the public located within the neighborhoods of the homeowners associations, as of this day of �(�t; , 2004 (the "Effective Date "). RECITALS: WHEREAS, the Village of Tequesta is a municipal corporation located in Palm Beach County, Florida; WHEREAS, Bayview Terrace is a homeowners association with certain responsibilities to manage the common areas of the Bayview Terrace neighborhood located within the jurisdictional boundaries of the Village; WHEREAS, Shady Lane is a homeowners association with certain responsibilities to manage the common areas of the Shady Lane neighborhood located within the jurisdictional boundaries of the Village; WHEREAS, there is a private park now open to the public located at Bayview Terrace and Shady Lane, which serves as a recreational facility to benefit citizens of the Village of Tequesta and Bayview Terrace and Shady Lane; WHEREAS, Bayview Terrace and Shady Lane have requested financial assistance from the Village of Tequesta to improve and upgrade landscaping at the park; WHEREAS, the Boards of Directors of Bayview Terrace and Shady Lane have been authorized to enter into this Agreement and to bind the boards of said associations in connection with the obligations assumed hereunder; WHEREAS, Bayview Terrace and Shady Lane acknowledge that the park is a public park available to the guests and residents of the Village and park access shall not be denied under any circumstances; WHEREAS, the Village Council has made a determination that providing $2,300.00 of financial assistance for purposes of funding the placement of sod at the park facility, is in the public interest and shall benefit the public; and WHEREAS, the Village Council has authorized the Village Manager to enter into this Agreement. ACCORDINGLY, in consideration of the mutual representations, warranties, covenants and other terms and conditions contained herein, and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The Village shall donate to Bayview Terrace and Shady Lane a total sum of $2,300.00, which shall be used solely for purposes of acquiring and planting sod at the park, and for no other purposes. Bayview Terrace and Shady Lane agree that the park shall be fully landscaped and sodded in accordance with Village standards and shall assume all responsibilities to ensure that this work is performed in a timely and acceptable manner and that all expenses regarding said work are duly paid in a timely manner. 2. Apart from the donation of $2,300.00, the Village assumes no other obligations in connection with this project. 3. As an expressed condition of this Agreement, the Boards of Directors of Bayview Terrace and Shady Lane agree that access to the park shall be freely granted to residents and guests of residents of the Village of Tequesta and that in the event such access is ever denied, Bayview Terrace and Shady Lane shall be jointly and severally obligated to repay the $2,300.00 granted hereunder. 4. Bayview Terrace and Shady Lane agree to publicize to their respective memberships the obligation to ensure that residents and guests of the residents of the Village of Tequesta are entitled to full access to the park and that such access should not be denied by anyone. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date and year first above written. BA YV W T RR H MEOWNERS ASSOCIATION B �� — � y Its: SHADY LANE HOMEOWN ASSOCIATION By: Its: J ssvc. VILLAGE OF TEQUESTA By. "... _._r....__� Michael Cou zo Its: Village Manager NASGH \13153- 11Agreements\Shady lane - Bayview Re Park.doc Vendor: 2627 MEYER'S TURF INC O 69 J Invoice # Invoice Date Description Distribution Amount 10082004 10/08/2004 COUNCIL APPROVED DONATION Gross: 2,300.00 Check Amt Total: 2,300.00 VILLAGE OF TEQUESTA • P.O. BOX 3273 • TEQUESTA, FL 33469 -0273 Check Date: 10/27/2004 Check #: 65599 — r BANK OF AMERICA 63 c}� TEQUESTA. FL 630 VILLAGE OF TEQUESTA 0 GENERAL CORPORATION ACCT. Check Date: 10/27/2004 P.O. BOX 3273 Check #: 65599 s TEQUESTA, FL 33469 -0273 AMOUNT TWO THOUSAND THREE HUNDRED DOLLARS AND 00 CENTS * * * * * * * * * * * * * * * * * * * * * * * * * ** PAY MEYER'S TURF INC 0THE 7920 MILITARY TRAIL RDER RIVIERA BEACH FL 33410 Si OF