Agenda Item REQUESTED COMMISSION ACTION:...

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Meeting Date: March 22, 2016 REQUESTED COMMISSION ACTION: x Consent Ordinance Resolution Agenda Item Consideration! Discussion Presentation SHORT TITLE APPROVAL OF BUDGET ADJUSTMENT APPROPl RIATING FUNDS FROM GENERAL FUND WORKING CAPITAL RESERVE TO THE LOCAL HOUSING TRUST FUND ACCOUNT IN THE AMOUNT OF $245,745.00. Summary of Purpose and Why: This agenda item authorizes a budget adjustment moving funds from the City's Working Capital Reserve to its Local Housing Trust Fund. The adjustment recognizes the amount of fees paid in-lieu of the construction of affordable housing associated with the Broward County Land Use Policy ("BCLUP") 1.07.07, which is further described in the attached Memorandum. Payment of the required fees was authorized by Resolution 2013-190, which provided for a total payment of $340,200.00 by JAG- STAR POMPANO, LLC, for the multi-family market rate apartment development known as The Jefferson. It was thereafter determined that by the City that it needed a road connecting Federal Highway to North Pompano Park through JAG-STAR's property. In exchange for the road dedication, the City credited $245,745.00 to JAG STAR from the fees paid in- lieu of the required affordable housing construction. Credit of the land for the road was authorized by Resolution 2013-230. The post-credit amount of $94,455 was paid by JAG-STAR in February, 2015 and placed in the Local Housing Trust Fund. However, the remaining $245,745 was not paid into the Local Housing Trust Fund. The budget adjustment is necessary to use the General Fund Working Capital Reserve to reimburse the Affordable Housing Trust Fund in the amount of the road credit. (1) Origin of request for this action: Office of Housing and Urban Improvement (2) Primary staff contact:: Miriam Carrillo, Director; Mark Korman, Program Compliance Manager Ext. 4656 (3) Expiration of contract, if applicable: -=::N::...:/ A-=--:-::::---:-=-:--::-:-----:::--:-:--::-__ -:-::--_::--:-7""--:-_-:-:--______ _ (4) Fiscal impact and source of funding: General Fund Working Capital Reserve with attached budget adjustment $245,745.00 DEPARTMENTAL COORDINATION OHUI Development Budget Finance City Attorney Advisory Board X Planning Director = Public Works City DEPARTMENTAL RECOMMENDATION Approval ACTION TAKEN BY COMMISSION: Ordinance Workshop 1 st Reading 2 nd Reading Resolution 1 st Reading Consideration Results: Results:

Transcript of Agenda Item REQUESTED COMMISSION ACTION:...

Meeting Date: March 22, 2016

REQUESTED COMMISSION ACTION:

x Consent Ordinance Resolution

Agenda Item

Consideration! Discussion

Presentation

SHORT TITLE APPROVAL OF BUDGET ADJUSTMENT APPROPl RIATING FUNDS FROM GENERAL FUND WORKING CAPITAL RESERVE TO THE LOCAL HOUSING TRUST FUND ACCOUNT IN THE AMOUNT OF $245,745.00.

Summary of Purpose and Why: This agenda item authorizes a budget adjustment moving funds from the City's Working Capital Reserve to its Local Housing Trust Fund. The adjustment recognizes the amount of fees paid in-lieu of the construction of affordable housing associated with the Broward County Land Use Policy ("BCLUP") 1.07.07, which is further described in the attached Memorandum.

Payment of the required fees was authorized by Resolution 2013-190, which provided for a total payment of $340,200.00 by JAG­STAR POMPANO, LLC, for the multi-family market rate apartment development known as The Jefferson.

It was thereafter determined that by the City that it needed a road connecting Federal Highway to North Pompano Park through JAG-STAR's property. In exchange for the road dedication, the City credited $245,745.00 to JAG STAR from the fees paid in­lieu of the required affordable housing construction. Credit of the land for the road was authorized by Resolution 2013-230.

The post-credit amount of $94,455 was paid by JAG-STAR in February, 2015 and placed in the Local Housing Trust Fund. However, the remaining $245,745 was not paid into the Local Housing Trust Fund.

The budget adjustment is necessary to use the General Fund Working Capital Reserve to reimburse the Affordable Housing Trust Fund in the amount of the road credit.

(1) Origin of request for this action: Office of Housing and Urban Improvement (2) Primary staff contact:: Miriam Carrillo, Director; Mark Korman, Program Compliance Manager Ext. 4656 (3) Expiration of contract, if applicable: -=::N::...:/ A-=--:-::::---:-=-:--::-:-----:::--:-:--::-__ -:-::--_::--:-7""--:-_-:-:--______ _

(4) Fiscal impact and source of funding: General Fund Working Capital Reserve with attached budget adjustment $245,745.00

DEPARTMENTAL COORDINATION OHUI Development Budget Finance City Attorney

Advisory Board X Planning Director = Public Works Director~ ~ City Manager~ ~

DEPARTMENTAL RECOMMENDATION Approval

ACTION TAKEN BY COMMISSION:

Ordinance Workshop 1st Reading

2nd Reading

Resolution

1st Reading

Consideration

Results: Results:

,} .

p'::lf[~·)mpano "'.!",;,r"'if't'f.,!;i,;~j;! beach Florida's Warmest Welcome

City of Pompano Beach Office of Housing and Urban Improvement

Memorandum No. 16-057

MEMORANDUM DATE: March 3, 2016

TO: Dennis Beach, City Manager

THROUGH: Mark Berman, City Attorney

FROM: Miriam Carrillo, Direct~~ RE: Agenda Item - Budget Adjustment

This agenda item authorizes the attached budget adjustment moving funds from the City's General Funds Working Capital Reserve to its Local Housing Trust Fund. The adjustment recognizes the amount of fees paid in-lieu of the construction of affordable housing by developers of ''The Jefferson", a market rate multi-unit apartment complex, as required by Broward County Land Use Policy ("BCLUP") 1.07.07 (attached). Also included is Development Services Memorandum No. 14-370, which provides helpful general background regarding Affordable Housing Contributions in Broward County.

Payment of the required fees associated with The Jefferson, totaling $340,200.00 was authorized by Resolution 2013-190 (copy attached). The Resolution authorized an amendment to the Declaration of Restrictive Covenants on the described property, providing for the payment in lieu of JAG-STAR's obligation to build affordable housing in exchange for an increase in allowed density pursuant to BCLUP Article 1.07.07. The Policy language requires that "such monies must be used by the local government to fund affordable housing construction and/or programs."

The City later determined that it needed a road connecting Federal Highway to North Pompano Park through JAG-STAR's property. In exchange for the road dedication, the City credited $245,745.00 to JAG STAR, carved from the fees paid in-lieu of the required affordable housing construction. Resolution 2013-230 (copy attached), authorized the agreement. Development Services attached Memorandum No. 14-507 contains a detailed analysis of the transaction.

The post-credit amount of $94,455.00 was paid by JAG-STAR in February, 2015 and placed in the Local Housing Trust Fund. However, the remaining $245,745.00 was not paid into the Local Housing Trust Fund.

The budget adjustment is necessary to use the General Funds Working Capital Reserve to reimburse the Affordable Housing Trust Fund in the amount of the road credit.

Please place this item on the March 22, 2016 agenda.

Thank you.

Attachments

Return to Table of Contents

ARTICLE 10

RULES FOR IMPLEMENTATION AND ADMINISTRA nON OF BROW ARD COUNTY LAND USE PLAN POLICY 1.07.07

10.1 INTENT

These administrative rules address the following: 1) to provide guidelines to local governments for submittal of an affordable housing study, report or information and strategy to demonstrate compliance with Policy 1.07.07 of the Broward County Land Use Plan; and 2) to provide "default" criteria for those applicants who wish to offer mitigation as part of the Broward County Land Use Plan amendment or other applicable application process. The primary purpose of Policy 1.07.07 is for local governments to approve an affordable housing study, report or information and strategy that are in compliance with the Policy. For those applications which meet the Policy via a local government study, report or information and strategy, County staff will issue comments that do not recommend additional mitigation from the applicant or local government.

10.2 BROW ARD COUNTY LAND USE PLAN POLICY 1.07.07

F or amendments which propose to add 100 or more residential dwelling units to the existing densities approved by the Broward County Land Use Plan, Broward County and affected municipalities shall coordinate and cooperate to implement the affected municipality's chosen policies, methods and programs to achieve and/or maintain a sufficient supply of affordable housing.

Broward County shall accept from the affected municipality those professionally accepted methodologies, policies, and best available data and analysis, which the municipality has used to define affordable housing needs and solutions within the municipality .

In addressing amendments which propose to add 100 or more residential dwelling units to the existing densities approved by the Broward County Land Use Plan, the municipality, without limitation, may include consideration and implementation of the following affordable housing strategies:

a. programs and policies involving mechanisms such as, but not limited to, impact fees, in-lieu fees, and/or public funds, in which the municipality, and/or Broward County, and/or other appropriate agencies/entities (including, but not limited to, major employers), provide for the construction or supply of affordable housing;

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b. programs and policies involving mechanisms such as, but not limited to, impact fees, in-lieu fees, and/or public funds, in which the municipality, and/or Broward County, and/or other appropriate agencies/entities (including, but not limited to, major employers), provide funding to facilitate the affordable purchase or renting of housing;

c. programs and policies in which the municipality and/or Broward County, and/or other appropriate agencies, facilitate the maintenance of the existing supply of affordable housing stock, if any;

d. property tax abatement programs aimed at preserving or creating affordable housing;

e. streamlined and reduced-cost permitting procedures for affordable housing;

f. specific minimum set-aside requirements for new affordable housing construction;

g. use of appropriate existing public lands, or public land-banking, to facilitate an affordable housing supply;

h. programs and policies to facilitate the development and use of municipal and/or Broward County affordable housing density bonus provisions;

i. land development regulations which promote the availability of affordable housing such as reduced lot size and floor area for dwelling units, construction of zero lot line and cluster housing, vertical integration of residential units with non-residential uses, and the allowance of accessory dwelling units;

J. the existing supply of affordable housing.

The affected municipality shall demonstrate compliance with this Policy at the time of the County's consideration of the applicable land use plan amendment, by establishing that the municipality has implemented or ensured adoption of appropriate policy and program measures to implement the affected municipality's chosen policies, methods and programs to achieve and/or maintain a sufficient supply of affordable housing as defined by the municipality's data and analysis.

For the purposes of this Policy, the term "affordable housing" shall include the meaning as defined by the Broward County Land Use Plan. The median annual income estimate should be updated at least yearly.

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10.3 DESCRIPTION OF SELECT TERMS USED IN POLICY 1.07.07

The following are descriptions of select terms used in Policy 1.07.07 as they relate to implementation of the Policy.

Professionally Accepted Methodologies, Policies and Best Available Data and Analysis: Used to prepare a study, report, or information submitted by the local governing body which includes estimates of the existing and projected supply of affordable housing (i.e. "very low," "low" and "moderate") within the local government boundary in comparison to the estimated affordable housing supply that is needed to achieve and/or maintain a sufficient supply.

An example of an assessment would be estimating existing and projected residents within the local government who are at 80% area median income in comparison to the projected supply to meet the housing needs of such.

Projected supply and needs for affordable housing must be consistent with a minimum 5 year planning horizon, but no greater than the adopted planning horizon of the local government comprehensive plan.

The projected demand and supply may consider the existing and projected availability of affordable housing within 3 miles within a contiguous local government, subject to approval by such contiguous local government.

Data and methodologies must be consistent with those sources widely used and accepted by the professional community who conduct research and analysis concerning affordable housing. Example sources include the Countywide Affordable Housing Needs Assessment, data from the University of Florida's Shimberg Center, Census/American Survey Data, and the Fort Lauderdale Board of Realtors median home prices by product type (single family, condominium, etc.).

In-Lieu: Refers to monies paid to the local government by developers when affordable housing is not included on-site in a development in compliance with a standard adopted by the local government.

Broward County will use 15% of project housing units as a default guideline for an affordable housing standard within proposed residential development subject to Policy 1.07.07; however, a local government may officially adopt a different standard. However, if the standard is lower than 15% the local government must demonstrate that the proposed level is consistent with demand in the applicable area.

Such monies must be used by the local government to fund affordable housing construction and/or programs. In-lieu monies shall be sufficient to provide for the availability of affordable housing consistent with the standard set by the local government.

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Should the local government and developer agree to an in-lieu of fee, the local government shall have the sole and absolute discretion regarding how and where said payment shall be utilized, consistent with its housing policies and programs and shall not be subject to review by the Broward County Commission. If the local government and developer agree to an in-lieu of fee and direct the funds to Broward County, the Broward County Commission shall have sole and absolute discretion regarding how and where said payment shall be utilized, consistent with its housing policies and programs.

The in-lieu methodology identifies the costs associated with achieving the development of affordable housing units within the local government. For example, an in-lieu methodology may be calculated at a rate per gross square foot per new market rate residential unit. As an alternative example, the in-lieu methodology may be based on a percentage of the costs of construction or sales price of all new market rate units within a project.

Broward County will use one dollar ($1) per gross square foot (gross floor area) of the residential dwelling unit as a default guideline in the review of in-lieu methodologies for all additional market rate units within a project; however, a local government may officially approve, as part of their affordable housing report and strategy, a different standard and program utilizing professionally accepted methodologies, policies and best available data and analysis.

Gross Square Footage (Gross Floor Area): The sum (in square feet) ofthe area of each floor level, measured from principal outside faces of exterior walls, including, but not limited to, basements, corridors, hallways, utility areas, elevators, storage rooms, stair cases, and mezzanines, but not including architectural projections. Included are areas that have floor surfaces with clear standing head room (6 feet, 6 inches minimum) regardless of their use. This definition includes areas which are not enclosed, but roofed; however, it does not include unroofed areas.

lOA COUNTY STAFF GUIDELINES: DETERMINATIONS OF APPLICATION CONSIS­TENCY WITH POLICY 1.07.07

(A) The local government shall provide an estimate of the existing and projected supply of affordable housing within the local government's boundaries in comparison to the estimated affordable housing supply that is needed to achieve and/or maintain a sufficient supply.

(B) The local government must demonstrate how its chosen affordable housing strategy will satisfactorily achieve and/or maintain a sufficient supply consistent with the local government's planning horizon.

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(C) The study, report, or information submitted by the local governing body addressing Article 10.3 (A) and (B) must be based on professionally accepted methodologies, policies and best available data and analysis consistent with Article 10.2.

(D) At a minimum, if a deficit of affordable housing is projected or assumed, Broward County will use 15% of additional project housing units as a default guideline for an affordable housing standard within proposed residential development subject to Policy 1.07.07; however, a local government may officially approve, as part of their affordable housing report and strategy, a different standard and program utilizing professionally accepted methodologies, policies and best available data and analysis.

(E) A study, report, or information submitted by the local government which has been determined by the County to be in compliance with Policy 1.07.07 shall be valid for the consideration of subsequent land use plan amendments for a period of 18 months from the date the study, report or analysis was submitted to Broward County for review.

10.5 REVIEW PROCEDURES FOR LAND USE PLAN AMENDMENTS SUBJECT TO POLICY 1.07.07

(A) After an application for a Broward County land use plan amendment has been received by the Broward County Planning Council, the Planning Council staff shall determine if the application is subject to Policy 1.07.07.

(B) If a land use plan amendment application is subject to Policy 1.07.07, Planning Council staff shall forward the application to the Broward County Environmental Protection and Growth Management Department and request comments in a timeframe consistent with the Planning Council's standard land use plan amendment review schedule.

(C) If Broward County staff issues a determination that a land use plan amendment application is not in compliance with Policy 1.07.07, Broward County staff shall specify in writing the reasons for such determination.

(D) Determinations issued by Broward County staff regarding Policy 1.07.07 shall be forwarded to the Planning Council staff and shall be made a part of the land use plan amendment report.

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pana beach®

DEVELOPMENT SERVICES Florida's warmest Welcome

Robin M. Bird J Development Services Director E: [email protected] I P: 954.786.4629 I F: 954.786.4044

MEMORANDUM NO. 14-370

DATE: August 28,2014 (Revised November 13, 2014)

TO: Greg Harrison, Assistant City Manager

VIA: Jennifer Gomez, AICP, Assistant Development Services Director~

Karen Friedman, AICP, Planner ~F=' FROM:

SUBJECT: Affordable Housing Contributions - Background

Due to both County and City regulations, certain development projects are required to provide affordable housing. Developers are given the option to build required units on-site or off-site, Of, as is commonly requested, to contribute funds to the city's Affordable Housing Trust Fund. This memo includes an explanation and analysis of the requirement to provide affordable housing as well as three specific projects. A copy of the cited documents is included for your reference.

Regulations: The requirement to provide affordable housing units is triggered by three different regulations: 1. A Land Use Plan Amendment that allocates more than 100 residential units.

• Broward County Land Use Plan Policy 01.07.07 • The policy previously did not list the required number of affordable housing units to be

provided • On April 22, 2014, Broward County adopted the Administrative Rules Document: Broward

County Land Use Plan, Article 10. Rules for Implementation and Administration of Broward County Land Use Plan Policy 1.07.07. This document clarified Broward County will use 15% of project housing units as a default guideline for affordable housing. Broward County will use one dollar ($1) per gross square foot (gross floor area) of the residential dwelling unit as a default guideline in the review of in-lieu methodologies for aI/ additional market rate units within a project; however, a local government may officially approve, as part of their affordable housing report and strategy, a different standard and program utilizing professionally accepted methodologies, policies and best available data and analysis.

2. Allocation of flexibility and/or reserve units on land with a residential land use (aka "density bonus") • Broward County Land Use Plan - Policy 1.07.05 in conjunction with Administrative Rules

Document: Broward County Land Use Plan. Article 8 • Lists the required number of affordable housing units to be provided

3. Allocation of flexibility and/or reserve units on land with a residential or nonresidential land use • Pompano Beach Land Use Code - § 154.61 (0)(3) • Lists the required number of affordable housing units to be provided

pom pa nobea chfl. 9 OV 100 West Atlantic Boulevard I Pompano Beach, FL 33060 I Phone: 954-786-4600

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Unlike the allocation of flexibility and/or reserve units, which specify the number of affordable units required, applicants seeking a land use plan amendment negotiate with County staff on an ad·hoc basis the number of affordable units to be provided. With the new administrative rules adopted by County in 2014, the number of units to be required is better defined.

Applicants requesting allocation of flexibility and/or reserve units are required to provide housing in accordance with a pre-determined ratio. The number of affordable units to be provided depends on the level of affordability of the units. For instance, for every one workforce housing unit constructed, the applicant may be granted one flexibility or reserve unit. Whereas for every one low income housing unit constructed, the applicant may be granted five flexibility or reserve units.

In-lieu-of fee contributions: Developers often request to contribute a fee in-lieu-of providing affordable units. In 2013, per direction from the City Commission, Development Services Staff proposed a standard in-lieu-of fee. The fee was adopted via Ordinance 2014-19 and is $2,333 per market-rate unit. This option is only currently available to meet affordability requirements associated with land use plan amendments, not flexibility unit requests.

Prior to the adoption of the standard in-lieu-of fee, the city, as with all other municipalities in Broward County, did not have an established fee. (Coral Springs and Davie did have an established in-lieu-of fee utilized for affordable housing contributions, however both are on moratorium. Since 2011, Fort Lauderdale has been in the process of developing an established in-lieu-of fee, however at this time the fee has yet to be adopted.) City Staff, including Development Services and Office of Housing and Urban Improvement (OHUI), undertook this process ad hoc every time depending on what the project was offering. The fees were contributed to the City's Local Affordable Housing Trust Fund.

Affordable Housing Accounts Affordable Housing Trust Funds are to be recorded in General Ledger Account 132-0000-339.2000 LOCAL REV IN LIEU OF TAX I AFFORDABLE HOUSING TRUST. There is a separate bank account for these funds at Bank Of America,

Projects Required to Provide Affordable Housing: The following three projects were required to provide affordable housing. Included is an explanation as to the number of units required and/or any fees negotiated, followed by a status.

Pompano Creek / Bali-Hi Mobile Home Park / Jefferson In 2007 this property was subject to a Land Use Plan Amendment which allocated an additional 399 residential units, for a total of 453 residential units. Therefore, per Broward County Land Use Plan Policy 01.07.07, the applicant was required to provide affordable housing. The applicant negotiated to provide 15% of the units as additional affordable units. Further, the units were to be provided off­site.

In 2008, a Declaration of Restrictive Covenants was recorded. This declaration codified the agreement to provide 100 moderate affordable units.

In 2012, per Resolution 2012-319, the city approved an Amendment to the Declaration of Restrictive Covenants. The amendment permitted the owner to contribute fees in-lieu-of provided the 100 moderate affordable units. The amendment required the owner to pay $2,000.00 at the time of issuance of each building permit for each unit constructed upon the property. This amendment, however, was never recorded and therefore was never effective.

In April 2013, per Resolution 2013-190, the city approved an Amendment to the Declaration of Restrictive Covenants. The amendment permitted the owner to contribute fees in-lieu-of provided the 100 moderate affordable units. The amendment provided two options for contributing fees. The

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owner could pay $1,500.00 at the time of issuance of each building permit for each unit constructed upon the property or, at the discretion of the owner, one lump sum payment of $340,200.00, prior to issuance of the first building permit. This amendment was recorded with the county in September 2013.

In May 2013, per Resolution 2013-230, the city approved an Agreement. In exchange for a roadway needed to provide access to the abutting park, the Agreement modified the lump sum payment by giving the developer a credit and setoff for the 32' Access Parcel. Exhibit "Gil of the Agreement provided the below credit determination. Therefore, rather than using funds from the CIP budget to purchase and develop the road, the funds came from this project.

EXHIBIT fiG"

The formula used to calculate the value of the dedication is as follows:

Price paid on July 30, 2013 Acreage of site: Cost per square foot: Total square feet of dedication: Credit value: $15.48X 15,875 =

$6,075,000.00 9.011 (392.519 sq. ft.) $15.48 15,875 $245.745.00

In November 2013 the deed for the roadway was recorded. Therefore the owner is only required to pay $94,455 prior to the prior to issuance of the first building permit.

Vintage Park / Shoal Creek In 2007 this property was subject to a Land Use Plan Amendment which allocated additional residential units. Therefore, per Broward County Land Use Plan Policy 01.07.07, the applicant was required to provide affordable housing. The applicant negotiated to contribute $230,000 in-lieu-of building any affordable units. One half of this contribution ($115,000) was to be made upon issuance of building permits and the balance was required upon issuance of the first Certificate of Occupancy.

This agreement was codified in Broward County Ordinance 2007-35

The Office of Housing and Urban Improvements has confirmed the developer has paid $115,000. The additional $115,000 will be due before the final Certificate of Occupancy is issued. A flag has been placed on the building permit and the Certificate of Occupancy will not be issued until the fees are paid.

In 2012 this property was subject to an allocation of 18 flexibility units. Based on the required unit ratios, the applicant was required to provide three affordable housing units. The applicant agreed to provide three single family units off-site.

This agreement was codified in Resolution 2012-114

In 2014, via Resolution 2014-266, the three units were deeded to the City.

KOI In 2012 this property was subject to a Land Use Plan Amendment which allocated 190 residential units. Theref2fe, per Broward County Land Use Plan Policy 01.07.07, the applicant was required to

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provide affordable housing. The applicant negotiated to provide 15% of the market rate units as addltional affordable units.

The developer then requested to contribute a fee in-lieu-of providing the 29 affordable housing units. OHUI staff identified the First Time Home Buyer Program as the most applicable to the neighborhood. This program allows a maximum grant of $40,000 to close the gap between household income and housing values for qualified applicants. The City negotiated a 25% contribution toward the First Time Home Buyer for each of the required affordable housing units. Therefore the contribution was $829.00 per market rate unit for a total in-lieu-of fee contribution of $290,000.

This agreement was codified in Resolution 2013-118

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To date the developer has not paid any required funds. The applicant has submitted a principal building permit (#14-5718), which was rejected for a number of reasons including the requirement to pay the affordable housing fees.

Should you have any questions or comments, please contact me at extension 7792 or email me at Karen. [email protected].

Enclosures:

1. Broward County Land Use Plan, Policies 01.07.05 and 01.07.07 2. Broward County Admin. Rules Document Broward County Land Use Plan, Article 10 3. Broward County Admin. Rules Document: Broward County Land Use Plan, Article 8 4. Pompano Beach Land Use Code - § 154.61(0)(3) 5. Ordinance 2014-19 6. Resolution 2012-319 7. Broward County, OR BK 50181 PG 1474 8. Broward County Ordinance 2007-35 9. Resolution 2012-114 10. Resolution 2014-266 11. Resolution 2013-118

O:\Pfanning\Affordabfe_HolIsing\Overview of AH Req for Asst CM\Memo_Update to 14-370.docx

RESOLUTION NO. 2013- 190

CITY OF POMPANO BEACH Broward County, Florida

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING· AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE AN AMENDMENT TO THE DECLARATION OF RESTRICTIVE COVENANTS AMONG THE CITY OF POMPANO BEACH, JAG-STAR POMPANO, L.L.C., AND BROWARD COUNTY FOR THE PROJECT LOCATED AT 4409 AND 4411 N. FEDERAL HIGHWAY; PROVIDING AN EFFECTIVE DATE.

;)Y',~ .. /·>..- .. t ."~. {I

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF POMPANO

BEACH, FLORIDA:

SECTION 1. That an Amendment among the City of Pompano Beach, Jag-Star Pompano,

L.L.C. and Broward County for the project known as Pompano Creek, a copy of which Amendment

is attached hereto and incorporated by reference as if set forth in full, is hereby approved.

SECTION 2. That the proper City officials are hereby authorized to execute said

Amendment among the City of Pompano Beach, Jag-Star Pompano, L. L. C., and Broward County.

SECTION 3. This Resolution shall become effective upon passage.

PASSED AND ADOPTED this 9th day of _____ A_pr_l_ol ___ " 2013.

ATTEST:

~ cA.---MARY L. C "A..1\1BERS, CITY CLERK

GBLljrm 3/29113 l:resoI2013-219

INSTR , 111815010, OR BK 50181 PG 1474, Page 1 of 5, Recorded 09/18/2013 at 04:25 ~, Broward County Commission, Deputy Clerk 2165

"

nis iDmlllDDDt prepared by IDIl nconllllrl nItUrD 10: BoDDie MUbJ. Bsq. DaDay. MIIbI. Backma ami BlIItDet. UP 5355 Ton Caar Road. SUite 801 Boca RaIoa. PI.. 33486 L{!,t(; I~ 0'2.-10

AMENDMl!iNTm DEa.QADON or mmcnu comwm

~ AaaId~to Decluatioa ofRuarictiw CoWIIIDtI f'Ammdmeal") II made II of this ~ day of . ~ . 2013. by ad belween JAG-STAR POMPANO. L.Lc'. a Delaware 1imIted~ (u IUCClIIIOt in iaterat to !"»UiplGO (Ret AuociateI. LLC.. a Delaware limited tiabilily c:omp8D)'). whole address ia 1420 SpriDa HiO Rold, Suite 420. Md..eaa, Vfrsiai& 22102 ("OwDer"). tho aTY OF POMPANO BBACH, a PIarida !IIIDicipll corpondoa. wIIose 8ddrea ia 100 Weat AdaDtic Boulevard. PompIDo Beach, Florida 33060 ("Ckf,),IIDdBROWARDCOUNTY.apotitielllUbdiviIioaofthoStlt.eofPlorida.wboaelllldrcu ilI15 So1Ub Aacbws Awame, Port Lauderdale. PJorida 33301 (~. and ameadI dial c:ertaiD DecIItadoD ofRatridive CoYeIIIIIta dated Juuary 11. 2008, filed ofrec:onl OD FebnIIry 14,2008. fa 0ftIcial Records Book 45096, Pap 506, of the PubUc Records ofBroward Couaty, PIorida ("DecIIradoa"). u tOUow.:

1. Parapapb 2 of the DeclaratiOD sbalJ be deleted in its eatirety and in its pla= shall be iDserted:

2. Coptribgtion III Aid ofDeyolqpmcmt. Owner IhaII have no obUpdon to CODI1rUCt Illy moderate aflixdabIe ho1lliDg units IS defined m Ibe CoUDty Land Use PIaD on the property eacumbnd by tho DecIaIIdoa. Ia Ilea cbereof, ~ die lime of .. sauce of each bIlildin. permit beach UDit COIIIb'IICted upon Che property eaca1lllHnd by the DecIatadoD, Owner Ihall pay Che City tho IIUD ofODo 1bouud PiWl H11IIdred ($1.500.00) DoIJIIa or at the clisc:ntion oftbe Owner. ODe lump IWIl payment of'1'lnc Hundred Forty 1'bcnuaad Two H\1Ddred ($340,200,00) DoUara prior to the issuance of the first buiJdiDg permit to be dcpoakecl into the City's afCordablo 110-. mad for the p-esemdion of die exiItiDg aftbrdablo housiDg aeigbborbood.

2, Except u modified herein. aU otber terms oflbe DeclmEion am hereby ratified. collfirmed. sbaJl remaiD iD NIl force IDd eft'ect and shall not be aifccted by Che Allleadmeat aad modification lit fOrth abow.

Approved ace ~I~, "'" ~ $Ubmttted By~ - P 'b "E'tURN TO OOCUMENT CONTROL

, rNSTR * 111815010, OR BK 50181 PG 1475, Page 2 of 5

"

, IN WlTNlI'SS WJIERI!'DF. Owuer, City aDd ComIty bave executed this AmeIJdment u oftbe day and )'ell' .. forth abow.

Ia W'dDeSS wbeI'eof.

STATBOP '''trlfJV''k~ COUNTYOP ~I r-~

JAG-STAR POMPANO. LLC., I DelaW8l'fl1imiled IiabiUty company

By: lAG-StIr Developmeat Co., LL.c., a Delaware limited tiabI1ity company, ftIlO1amember

2013~:w~~entwu.~~,t!Imetbiaof~1~~ Two, LLC., a Delaware limited liabDity CDIDpIDJ, u 0perat.iDa Member of JAGStIr Dow1opment Co., LLC., a Delaware Umbel JiabiIity COIIIpID)'. solo member of lAG-STAR POMPANO. LL.C.. a DeIawaIe Ilmired 6abDity CODIpUly. He is penoually blown to me .. pmdnced.oM .. ·._ ..... _ •• ,}\: 4-t. ~

Notary~ My commission expires: ~3 ...... )3_~_'_'1 __ _

I"~·~:\ .... ..1l~ ........ '\ ., (Seal) :tf'" . , . \ . ' :

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INSTR t 111815010, OR BK 50181 PG 1476, Page 3 of 5

-. - -.- ------

[lU!'MAlNDER OF PAGE LBF1' JNTBNTIONAU..Y BLANK]

CONSBNTED TO:

"

INSTR * 111815010, OR BK 50181 PG 1477, Page 4 of 5

I'

STATE OF FLORIDA COUNTY OF BROWARO

- - - - --- ---- .. --~--

'!be foreaoiDg iDBtrumedt WIll ICblowIedpd bebe me dIia 1 5th day of April , 2013, by LAMAR FISHBR. u Mayor of die City of POqllllO Belch,

PIorida, a JDUDicipaI corpo1'Itioa. on behalf oldie IDIUJicIpal cmporarf.cm. who • perIOJII11y bown

=~SEAL ~~

SJ'ATE OF FLORIDA COUNlYOF8ROWARD

NarARYPUBuc. STATE OPFLORlDA

Krystal Aaron

Commission Number

Tbe foresoiDI fDstrumeut wu admowledged before me tbia 1.2jl day of April , 2013. by DENNIS W. BEACH, IS City MaDapr ofdle City ofPompaao

Beaeb. FJoridI. a IIIIIDIcJpaI corporalion, on beIIaIf of die 1D11IIicipaI corpora&iou. who Is penoaaUy

:=~ ~ A.1)-A

STATE OF FLORIDA COUNlY OF BROWARD

NOTARY PUBUc. STATB OF FLORIDA

Instal Aaron (Name of Ackaowledpr TJped. Printed or Stamped)

Commission Number

The foregoiDI iDstJumcmt was acknowledged before me this 1 ill day of April ,2013. by MARY L CRAMBBRS, II City Clerk oftbe Cky ofPompaqo

Beach. FIoridI. a DllDicipal COIpOrItioD. on bebaIf oftbe IIIIIDicipaI COIpOfIIioa, who ia penouaIIy kaowatome.

NOTARY'S SEAL NOTARYPUBUC. STATEOPPLORIDA

Krystal Aaron (N1JIIe of Ackaowledpr Typed, Printed or Stampec1)

Commission Number

IN~TR • 111815010, OR BK 50181 PG l478, Page 5 of 5

CONSENTBD TO:

,2013

Approved u to Farm by Office of CouDly AUomey BroWlld County. Florida Gowmmenta1 Ceater lIS South AIIdrewa A'WIIIe Fort LauderdIIe. Florida 33301 TelephoDo: (954) 3S7-7600

By: ~~PklcA.\ l/.iIjll~ \0 ~ AD &.U. .dayof ~( .2013

o

Deputy Clerk

DEVELOP~lE~JT SERVICES Florida's Warmest Welcome

Robin M. Bird, Development Services Director E: [email protected] I P: 954.786.4629 I F: 954.786.4044

MEMORANDUM NO. 14-507

DATE:

TO:

VIA:

FROM:

November 13, 2014

Greg Harrison, Assistant City Manager

Jennifer Gomez, AICP, Assistant ~e~elo~ent Services Director~

Karen Friedman, AICP, Planner \<6 {-SUBJECT: Affordable Housing Contributions for "The Jefferson"

Memo #14-370 provided an explanation and analysis of the requirement to provide affordable housing and the contributions for three specific projects. The memo stated that the city would receive from the property owner of The Jefferson one lump sum paymenVcontribution to the Affordable Housing Trust Fund in the amount of $340,200.00. Staff would like to clarify that the city has received partial payment of this contribution in the form of a roadway dedication. The City Commission agreed to give the property owner credit for the roadway, which is a private drive to the adjacent park, in-lieu-of a portion of the $340,200.00 contribution. The city, therefore, was able to obtain the roadway without expending CIP funds.

If given direction from your office, Staff can look into reimbursing the Affordable Housing Trust Fund from the CIP budget.

Below is an expanded history of the affordable housing fee contributions for this project.

Pompano Creek I Bali-Hi Mobile Home Park I Jefferson In 2007 this property was subject to a Land Use Plan Amendment which allocated an additional 399 residential units, for a total of 453 residential units. Therefore, per Broward County Land Use Plan Policy 01.07.07, the applicant was required to provide affordable housing. The applicant negotiated to provide 15% of the units as additional affordable units. Further, the units were to be provided off­site.

In 2008, a Declaration of Restrictive Covenants was recorded. This declaration codified the agreement to provide 100 moderate affordable units.

In 2012, per Resolution 2012-319, the city approved an Amendment to the Declaration of Restrictive Covenants. The amendment permitted the owner to contribute fees in·lieu·of provided the 100 mode~ate affordable units. The amendment required the owner to pay $2,000.00 at the time of issuance of each building permit for each unit constructed upon the property. This amendment, however, was never recorded and therefore was never effective.

In April 2013, per Resolution 2013-190, the city approved an Amendment to the Declaration of Restrictive Covenants. The amendment permitted the owner to contribute fees in-lieu-of provided the 100 moderate affordable units. The amendment provided two options for contributing fees. The

po mpanobeachfl.gov 100 West Atlantic Boulevard I Pompano Beach, FL 33060 I Phone: 954·785-4600

Page 2 of 2

owner could pay $1,500.00 at the time of issuance of each building permit for each unit constructed upon the property or, at the discretion of the owner, one lump sum payment of $340,200.00, prior to issuance of the first building permit. This amendment was recorded with the county in September 2013.

In May 2013, per Resolution 2013-230, the city approved an Agreement. In exchange for a roadway needed to provide access to the abutting park, the Agreement modified the lump sum payment by giving the developer a credit and setoff for the 32' Access Parcel. Exhibit "G" of the Agreement provided the below credit determination. Therefore, rather than using funds from the CIP budget to purchase and develop the road, the funds came from this project.

EXHIBIT IIG"

The formura used to calculate the value of the dedication Is as follows:

Price paid on July 30, 2013 Acreage of site: Cost per square foot: Total square feet of dedication: Credit value: $15.48X 15,875 =

$6,075,000.00 9.011 (392,519 sq. ft.) $15.48 15,875 $245,745.00

In November 2013 the deed for the roadway was recorded. Therefore the owner is only required to pay $94,455 prior to the prior to issuance of the first building permit.

A copy of all of the aforementioned Declaration, Amended Declarations, Resolutions, Agreement, and Deed are attached for your reference.

Should you have any questions or comments, please contact me at extension 7792 or email me at Karen. [email protected].

G:\Planning\Affordable _HousinglOverview of AH Req for Asst CM\Memo _Revised_Jefferson.docx

p""'mpano DEVELOPMENT SERVICES beach®

Florida's Warmest Welcome

Robin M. Bird, Development Services Director E: [email protected] I P: 954.786.4629 I F: 954.786.4044

MEMORANDUM NO. 14-406

DATE: September 12,2014 (Revised November 13,2014)

TO: Greg Harrison, Assistant City Manager

VIA:

FROM:

Jennifer Gomez, AICP, Assistant Develo~ent Services Director~

Karen Friedman, AICP, Planner \L...'<6'<""

SUBJECT: Affordable Housing Contributions

Below is an overview of three projects that have been required to provide affordable housing per land use amendment or flex unit allocation:

Development Agreed Total Paid To Additional Notes Contribution Date Roadway was deeded to the city in 2014 in

$340,200.00 November 2013. [Credit of

Funding: "Emergency Repair Program" Jefferson aka $254,745 for Pompano Creek roadway Roadway Permits have been submitted and approved for six aka Bali-Hi Mobile dedication + Dedication principal buildings. Home Park $94,455]

A flag has been placed on the building permits and (Res. 2013-230) the Certificate of Occupancy will not be issued until

the fees are paid.

Vintage Park aka 3 Single Family 3 Single Family The three homes were deeded to the city in 2014, Homes Shoal Creek (Res. 2012-114)

Homes per Resolution 2014-266.

Funding: OHUI will use funds to construct three new single family homes (properties donated by Vintage Park)

Vintage Park aka $230,000.00 The additional $115,000 will be due before the final Shoal Creek (Ord. 2007-35)

$115,000.00 Certificate of Occupancy is issued.

A flag has been placed on the building permit and the Certificate of Occupancy will not be issued until the fees are paid. A principal building permit was submitted.

KOI $290,000.00 $0.00 (Res. 2013-118) It was rejected for a number of reasons including the requirement to pay the affordable housing fees.

Should you have any questions or comments, please contact me at extension 7792 or email me at [email protected].

G:\Planning\Affordable_Housing\Overview of AH Req for Asst CM\Memo_Update to 14-406.docx

pom panobeachfl.gov 100 West AtlantiC Boulevard I Pompano Beach, FL 33060 I Phone: 954-786-4600

• ,..

RESOLUTION NO. 2013- 230

CITY OF POMPANO BEACH Broward County, Florida

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND JAG-STAR POMPANO, L.L.C., RELATING TO PROPERTY LOCATED AT 4411 NORTH FEDERAL HIGHWAY; PROVIDING AN EFFECTIVE DATE.

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF POMPANO

BEACH, FLORIDA:

SECTION 1. That an Agreement between the City of Pompano Beach and Jag-Star

Pompano L.L.c. relating to property located at 4411 N. Federal Highway, a copy of which

Agreement is attached hereto and incorporated by reference as if set forth in full, is hereby

approved.

SECTION 2. That the proper City officials are hereby authorized to execute said

Agreement between the City of Pompano Beach and Jag-Star Pompano L.L.c.

SECTION 3. This Resolution shall become effective upon passage.

PASSED AND ADOPTED this 14th day of May ,2013. ----------~--------

ATTEST:

GBLljnn ; 4/23/13 l:reso/20 l3-250

~L (fi.-_ AMBERS, CITY CLERK

Retumto:

this Instrument Prepared by:

Gary S. Dunay. Esq. Dunay, Miskel.Baclcman & Blattner, LLP 5355 Town Center Road, Suite 801 Boca Raton. Florida 33486 Folio: 4843 1844 0010

MIa _ nas Ulli Faa PlUXlSSlIIG DATA

l~lSTR # 111913814, '? OR BK 50:) 11 Pages 990 - 1 O~2 RECORDED 11105/1301'17 50 PM

RD COUNTY COMMI5SION BROWA DEPUTY ClEF!K 2090 #1 , '33 Pages

_ MOVI1KISLIIIi FOR PIIOCISSIIIG DATA

AGREEMENT

THIS AGREEMENT is made as of this ~ day of October , 2013. by and between JAG-STAR POMPANO, LLC., a Delaware limited liability company, with a mailing address of 1420 Spring Hill Road, Suite 420, Mclean, Virginia 22102 (IVDeveloper"). and CITV OF POMPANO BEACH, a Florida munldpal corporation, with a mailing address of 100 West Atlantic Boulevard. Pompano Beach. Florida 33060 ("City").

BACKGROUND

The Developer is the owner of that certain parcel of land containing approximately nine (9) acres located in the City of Pompano Beach. Broward County, Florida, more particularly described on Exhibit HAil attached hereto ("Land"). The Land has been approved by the City for the development of a two hundred forty three (243) unit multi-family apartment complex with related amenities ("Project"). The Land has entitlements that exceed the 243 approved units ("Excess Density").

The City owns a tract of land immediately west of the Land that is used for an approved recreational park known as the North Pompano Park ("Park"). The City has requested that the Developer convey a thirty two (32') foot strip of the Land as more particularly described on Exhibit "B" and shown on Exhibit "c,. ("Access Parcel") to the City so that the City can construct, at its sale cost and expense, a roadway and a bridge crossing over the lake area west of a portion of property on the west side of u.s. Highway 1 (Federal Highway) to the Park in order to provide direct ingress and egress from the Park to Federal Highway. The Developer and the City have agreed to this conveyance upon the terms and conditions set forth below.

AGREEMENT

In consideration of conditions, covenants and conveyances hereinafter set forth, the Developer and City agree as follows:

1. Recitals. All of the foregoing reatals are true and correct and are incorporated herein by reference.

2. Conveyance and Grant of Easement. Contemporaneously with the execution hereof, Developer shall execute a Quitclaim Deed in favor of City in the form attached hereto as Exhibit NO" ("Deed") conveying to the City the Access Parcel. Since the Deed conveys to the City not only land but also a portion of a lake running through the land, the Deed shall reserve to the Developer (a> all drainage, storage, retention, flowage or stormwater runoff rights relating to the portion of the Access Parcel that includes the lake; and (b) a twenty foot (20') utility easement for the construction, maintenance, restoration and replacement of both public and private utilities within the area more particularly described on Exhibit "E" and shown on Exhibit "F" hereto (-Reserved Utility Easement").

The Deed shall be delivered to the City prior to the issuance of the first building permit for the development of the Project upon the land. City shall hold the Deed and not record until Developer has provided City with evidence that the pending plat amendment application has been approved and the plat and/or plat note amendment agreement has been recorded. Upon receipt of the Deed, the City shall provide the Developer with a credit and setoff against the Contribution In Aid of Development as set forth in Paragraph 2 of the Declaration of Restrictive Covenants dated January 11, 2008, flied of record on February 14, 2008, in OffIcial Records Book 45096, Page 506, as amended by Amendment to Declaration of Restrictive Covenants dated April 9 ,2013, filed of record September 18 ,2013, in Officia' Records Book 50181 , Page 1474 , all of the Public Records of Broward County, Florida (MDeclaration") requiring the payment of Three Hundred Forty Thousand Two Hundred and 00/100 ($340,200.00) ("Declaration Amount"). The setoff against the Declaration Amount shall be established in accordance with the schedule attached as Exhibit "G" ("Credit Amount").

The Reserved Utility Easement shall reserve not only the initial right to construct, install, lay and maintain underground utilities and necessary for the Project, but also the right to access the underground utilities for maintenance, restoration and replacement purposes provided however that Developer shall indemnify and hold harmless the City from and against any loss, cost, damage or claim that the City may sustain arising out of Developer's access to Reserved Utility Easement.

Additionally, the City has required the Project to have a secondary means of egress for fire rescue and other emergency service vehides only. In exchange for the conveyance of the Property subject to the Deed. the City hereby grants to the Developer an emergency access easement ("Emergency Easemen~) over and through a portion of the Park, which Emergency Easement is more particularly described~nd shown

Exhibit -W. The Emergency Easement shall be a non-exclusive easement for the benefit of fire rescue and other emergency service providers exiting the Project. No fence, barrier or other structure may be erected on the Emergency Easement which would in any way prevent ingress or egress to the Project through such easement, unless approved by the City, however Developer shall install an electrical exit gate with induction loop for automatic opening for egress through the Park onto N.E. 43rd Court.

3. Small Scale Future Land Use Map Amendment. The Land is currently in a High Density residential land use category on both the City and Broward County Future land Use Maps. The County's Future land Use Map allows for 50 units per acre on this property, however, the Developer Is only proposing 25 units per gross acre (243 units on 9.8 gross acres). The City Intends to do a local, small scale, future land use plan map amendment to reflect the density being built (243 units) to enable the "capture" of the unused density (County's Approved Units (490) - City Approved Units (243) = 247 units) as flex units to be used elsewhere in the City. To facilitate the local land use plan map amendment, the Developer will

support and execute any and all required applications, covenants and/or agreements necessary to accomplish the local land use plan map amendment at no cost to Developer. The City shall hold the Developer harmless from and against any claims, losses, or damages arising out of the local land use plan amendment process to the extent provided by law. In the event Developer is asked to execute any applications, Developer may, at Developer's sole discretion, retain consultants to evaluate City's requests and any such costs of consultants shall be reimbursed within fourteen (14) days of submittal to City of all invoices.

4. CIty Cooperation. As an additional inducement to the Developer to enter into this Agreement, the City has agreed to use reasonable efforts to expedite the City's building permit review process as follows:

a. Within twenty (20) business days of the submittal of a complete building permit application, the City shall review and provide comment by all applicable disciplines on the application filed.

b. The City hereby agrees that it shall utilize overtime at City's sole expense where needed in order to complete the twenty (20) business day review cycle.

c. The parties hereto acknowledge that the review cycle does not include time needed by Developer to respond to comments, revise plans, and resubmit.

d. Upon the resubmittal of revised drawings or responses, Developer at Developer's sole discretion may eJect to utilize overtime review to expedite issuance of a building permit. City agrees to charge Developer a discounted rate of fifty (50%) percent of the then in effect overtime rate charged by the City for up to thirty (30) hours.

e. The parties further acknowledge that Developer intends to file a building permit application for pre-review prior to obtaining all necessary Broward County, Water Management and Drainage District signoff. Any building permit application fees shall not be due and payable at the time of pre-review submittal but shall be due upon the submittal of a complete application for full review.

5. Counterpart Execution. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original and all of which, when taken together, shall constitute one and the same instrument.

6. Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the parties hereto.

7. Covenants Runninl with the Land. The covenants contained within this Development Agreement touch and concern the land and shall be deemed to be a covenant running with the land, binding upon the successors In interest of the parties hereto.

[THE REMAINER OF THIS PAGE INTENTIALl Y LEFT BLANK)

IN WITNESS WHEREOF, the parties hereto have set their hands and seals as of the day and year first above written.

Signed, sealed, and delivered in the presence of:

Wi~ness #1 Signature ]) '~\A\L be ~ Witness #1 Printed Name

~-W~ess #2 Signature ~ ... _ ~zZ!AQ

Witness #2 Printed Name

STATE OF \JUtS'I" , C\ .. COUNfY OF t4\ /Z..~

JAG-STAR POMPANO, L.L.C., a Delaware limited liability company

By: JAG-Star Development Co., L.L.c., a Delaware limited liability company, its sole member

By: JAG Development Manager Two, L.L.C., a Delaware limited' bility company, its Operatin emb

BY:/~/~ Nam~~ L.#y#) Title: ---.lZoa.....:.it!::!. _______ _

z. "'" VV"\r" " The foregoing instrument was acknowledged before me this ~ day of U!=\"l ' 2013 by (n(~ I 4 rnn ,as fjetX. \!.<e 0'6clootofJAG Development Ma ager Two, L.L.C., Delaware hmlted lIablhty company, as Operatmg Member of JAG-Star Development Co., L.L.C., a Delaware limited liability company, sole member of JAG-STAR POMPANO, L.L.C., a Delaware limited liability company. He is personally known to me or produced a driver's license as identification.

(Seal)

Elizabeth M Sandridge NOTARY PUBUC

Commonwealth of VIrginia Reg. #7539790

N~&ttJ{C~e My commission expires: 01121:> 120' 3=

My Commission Expires 04/30/2017

Signed, sealed and delivered in the presence of:

STATE OF FLORIDA COUNTY OF SROWARD

CM. __ --

The foregoing instrument was acknowledged before me this 3oti-. day of M<:.Lvj , 2013, by LAMAR FISHER, as Mayor of the City of Pompano Beach,

Florida, a municipal corporation, on behalf of the municipal corporation, who is personally known tome.

NOTARY'S SEAL

~~ ~II... QRSTINEWOOKA ~~ .~ MY COMMISSION * EE 136206

EXPIRES: OcIobar 5, 2015 Bonded TIn Notary Pubic Underwrilers

NOTARY PUBLIC, STATE OF FLORIDA

Ch(\"3lt\t~ LJ(lof~ (Name of Acknowledger Typed, Printed or Stamped)

EE ;3&21/5 Commission Number

STATE OF FLORIDA COUNTY OF BROWARD

The foregoing instrument was acknowledged before me this .3f)f:t. day of M0-!4 ' 2013, by DENNIS W. BEACH, as City Manager of the City of Pompano

Beach, Florida, a municipal corporation, on behalf of the municipal corporation, who is personalJy known to me.

NOTARY'S SEAL

~, CtRSTlNEWOOKA :.:;,j~.:: MY COMMISSION. EE 136205 ~ . j EXPIRES: October 5, 2015 ~'. .' IIIlI1ded Thru Notary PublIc \JIIdeIWIIIeI!I ..

STATE OF FLORIDA COUNlY OF BROWARD

NOTARY PUBLIC, STATE OF FLORIDA

CrV-'-5flne.. LLbdl<a-(Name of Acknowledger Typed, Printed or Stamped)

E:,E 13lfl20 5 Commission Number

The foregoing instrument was acknowledged before me this 3 1st day of october , 2013, by MARY L CHAMBERS, as City Clerk of the City of Pompano

Beach, Florida, a municipal corporation, on behalf of the municipal corporation, who is personally

known to me. . I +- ft l NOTARY'S SEAL ....t~JJ~~=..:::...~--.::.......:::~-=~=~ _____ _

KRYSTAL AARON

NOTARY PUBLIC STATE OF FLORIDA Comm# EE874865

• El" Expires 211412017

N'(#ARYPUBUC, STATE OF FLORIDA

Krystal Aaron (Name of Acknowledger Typed, Printed or Stamped)

Commission Number

EXHIBIT TO THE "AGREEMENT"

EXHIBIT "A" LEGAL DESCRIPTION OF THE SUBJECT

PROPERTY

EXHIBIT IIAII

LAND

PARCEL "A", POMPANO CREEK, AS RECORDED IN PLAT BOOK 181, PAGE 3 OF THE PUBLIC RECORDS OF BROWARD COUNTY, FLORIDA.

EXHIBIT TO THE "AGREEMENT"

EXHIBIT "B" LEGAL DESCRIPTION OF THE 32' ACCESS PARCEL BEING DEDICATED TO THE CITY

FOR: SFERSON APARTMENT GR __ .'

LEGAL DESCRIPTION:

SKETCH AN DESCRIPTION "ACCESS PARCEL"

EXHIBIT "8"

A PORTION OF PARCEL "A", POMPANO CREEK, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK lBl, PAGE J, OF THE PUBUC RECORDS OF BROWARD COUNTY. FLORIDA, BEING MORE PARTICULARL Y DESCRIBED AND BOUNDED AS FOLLOWS:

BEGINNING AT THE NORTHEAST CORNER OF SAID PARCEL "A", SAID POINT LYING ON THE M'ST RIGHT OF WAY UNE OF FmERAL HIGHWAY (U.S. 1); THENCE SOUTH 06"51'10" M'ST ALONG SAID M'ST RIGHT OF WAY UNf, A DISTANCE OF' J2.J2 FffT; THENCE SOUTH 88'44'JJ" M."ST ALONG A UNE J2 FrET SOUTH OF AND PARALL£L WITH, WHEN MEASURED AT RIGHT ANGLES TO, SAID NORTH BOUNDARY, A DISTANCE OF 477.67 FrET; THENCE NORTH 4615'27" M'ST, A DISTANCE OF 45.25 FffT; THENCE NORTH 88'44'JJ" EAST ALONG SAID NORTH BOUNDARY, A DISTANCE OF 514.2J FEET TO THE POINT OF BEGINNING.

SAID LANDS SlTUA TE: IN THE CITY OF POMPANO BEACH, BROWARD COUNTY. FLORIDA. CONTAINING 15,870 SQUARE FrET OR 0.364 ACRES MORE OR LBS.

NOTES:

BEARINGS SHO'MI HEREON ARE BASED ON AN ASSUMED BEARING, THE M'ST RIGHT OF WA Y UNE OF F£DERAL HIGHWA Y (U.S 1) IS ASSUMrn TO BEAR SOUTH 06"51'10" M'ST.

THIS SKETCH AND DESCRIPTION CONSISTS OF 2 SHEfTS AND EACH SHfET SHALL NOT BE CONSIDfRrn FULL, VALID AND COMPLETE: UNLESS A TTACHrn TO THE OTHER.

CERTIFICATE:

M' HER£8Y CERTIFY THAT THIS SKETCH AND DESCRIPTION AND OTHER PERTINENT DATA SHOWN HEREON, OF THE ABOVE DESCRIBED PROPERTY WAS MADE ON THE GROUND, CONFORMS TO THE MINIMUM TECHNICAL STANDARDS FOR LAND SURVEYING IN THE STATE: OF FLORIDA, AS OUTUNED IN CHAPTE:R 5J-17. (FLORIDA ADMINISTRATIVE: CODE) AS ADOPTED BY DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES, BOARD OF PROFtSSlONAL SURVEYORS AND MAPPERS, PURSUANT TO CHAPTER 472.027, FLORIDA STA JUTES AND THA T SAID SURVEY IS TRUE AND CORRECT TO THE BEST OF OUR KNOWLEDGE AND B£LIEF.

'----"-"PSON & AssoctA~,I~TED ON BUSlNBS NUMBER #271

_______ CT 1 8 2013

RAYM PROFESSIONAL SURVE AN 5799

STATE OF FL A TH£ SKUCH OF StJm£Y AND REPORT OR THE COPt£S 7HER£OF NOT VALID 'M1HooT

THE SlGHA TlJRC AND RAISED SE'AL. OF A FLORIDA UCENS£D SURI/E'\'tJf AND UAPPER.

lHIS IS IllIZI A SICEltH OF SUR\'EY, but only a vapllle cIIpIctlon of the a-Iptlan Ihown h-. haa lie-. no fWd wart!, ..... , of the IUbjict ."...ny, Of m __ tI ..t In oonnectJon with prwpcntJan of tho Infannatlon Ihown heNOll. lIIo un.,..., and CRAW'I-lHQIIIPSQI I: ASSOCIAlES, INC. malco no .-tatIono to the Infarinatlan roIIoct.Id h_ pertaIn~ to __ t.I, rtghtl-of-way, ..t bade .-_tI and other .mlcr mattorw. mid furtt.-. IhlI In.v-t .. not to forth .. IUCh matt.r& Sud! Infarmatlon IIhauId be abtahld and _fIrmod by tItIo wrtIIcatIan. t..HM IhaMI '*- ... not CIbItract.Id for rtght-of-way

EXHIBIT TO THE "AGREEMENT"

EXHIBIT "C" SKETCH OF THE 32' ACCESS PARCEL BEING

DEDICATED TO THE CITY

... . ...

1"==100'

LEGEND B.C.R. BROWARD COUNTY RECORDS O.R.B. OFFICAL RECORD BOOK P.B. PLA T BOOK PG. PAGE ~ C£N7£RUNE

SJ,a..:TCH AND' DESCRIPTI( .. ACCESS PARCEL"

EXHIBIT .. c ..

N. BOUNDARY PARCEL -A-

PARCEL "A" POMPANO CREEK P.B. lB1, pc. J; B.C.R.

POMPANO BEACH BA TTING RANGE

P.B. 96, PC. 15; B.C.R.

• .""

ocr 1 B 2m3

I '

_CRAVEN • THOMPSON & ASSOCIATES" INC. JOB NO.: 06-0104 SHEET 2 OF 2 SHEETS

ENGINEERS • PLANNERS • SUR~ S .WI3 /11,. UID S1IIIET. RWTIAlIIIIIIDoU R.a.M.J.D18 "~ 7.II-eG tIL: (11M) 7»-MIO OR AWN BY: RY F.B. N/A PG. N/A ""= ::=:~~=-~!,! ~ =- "'C-H-EC-K-E-O-B-Y-: -TC-S--........... OA-lE--O-:-O-2---0-7--1-3:......-....

EXHIBIT TO THE "AGREEMENT"

EXHIBIT "D" QUIT CLAIM DEED FOR THE 32' ACCESS

PARCEL BEING DEDICATED TO THE CITY

This instrument prepared by and record and return to: Bonnie Miskel, Esq. Dunay, Miskel, Backman and Blattner, LLP 5355 Town Center Road, Suite 801 Boca Raton, FL 33486 Folio:. 4843 1844 0010

INSTR # 111945213 OR BK 50351 Pages 182'1 - Hl26 RECORDED 11i21113 02:4001 PM BROWARD COUNTY COMMISSION DOC-D $070 DEPUTY CLERK 2090 #2,6 Pages

QUIT-CLAIM DEED

THIS QUIT CLAIM DEED executed this 1/)~daY of af" , , 2013, by JAG-STAR POMPANO, L.L.C., a Delaware limited liability company, with a mailing address of 1420 Spring Hill Road, Suite 420, McLean, Virginia 22102 ("G1'antor"), and CITY OF POMPANO BEACH, a Florida municipal corporation, with a mailing address of 100 West AtJantic Boulevard, Pompano Beach, Florida 33060 ("Grantee").

WITNESSETH: That the said Grantor, for and in consideration of the sum of $10.00 in band paid by the said Grantee, the receipt whereof is hereby acknowledged, does hereby remise, release and quit­claim unto the said Grantee forever, all the right, title, interest, claim and demand which the said Grantor has in and to the following described lot, piece or parcel of land, situate, lying and being in the County of Broward, State of Florida, to wit:

Property described on Exhibit "A" and shown on Exhibit "B",

SAVING AND RESERVING unto Grantor:

1. All drainage, storage, retention, flowage or stormwater runoff rights relating to the portion of the property described on Exhibit "AU and shown on Exhibit "B"; and

2. A twenty foot (20') utility easement for the construction, maintenance, restoration and replacement of both public and private utilities within the area more particularly described on Exhibit "C'. and shown on Exhibit "0" attached hereto.

TO HAVE AND TO HOLD the same together with aU and singular the appurtenances thereunto belonging or in anywise appertaining, and all the estate, right, title, interest. lien, equity and claim whatsoever of the said Grantor, either in law or equity, to the only proper use, and benefit of the said Grantee forever.

IN WITNESS WHEREOF, Grantor hereunto set Grantor's hand and seal the day and year first above written.

In Witness whereof:

JAG-STAR POMPANO, L.L.C., a Delaware limited liability company

By: JAG-Star Development Co., L.L.C., a Delaware limited liability company, its sole member

Witness #1 Printed Name

~~~~ E.,\\7C1cb.ef h ----je. Witness #2 Printed Name

STATE OF VIIAI At ( .... rV.. I... ('

COUNTY OF bAd ( t";i

Th~ foregoing instrument was acknowled~ed beWre_ me this ~ day of Av/, , , 2013 by G",~) G..,. \.. • as C ... i.';. vILe:. (lt~ • .k~~ ofJAG Development Manager Two, L.L.C:, a Delaware limited liability company, as Operating Member of JAG-Star Development Co., L.L.C., a Delaware limited liability company, sole member of JAG-STAR POMPANO, L.L.C., a Delaware limited liability company. He is personally known to me-«-pr~dueed a driver's lieense as identification. '\. . .

_______ ~J~}\ __ (\~,~~{~J<~. _'L~\~~'_"V_l~_"' ________ __

Notary Public

(Seal)

~"!~ My commission expires: 3);, I J1P I J..-.,1. '\)lj~ \~/ . . "

• fOR: S'FERSON APARTMENT GROUP

LEGAL DESCRIPTION:

SKETCH AND DESCRIPTION II ACCESS PARCEL"

EXHIBIT" A"

A POR77ON OF PARCEL -A-, POMPANO CREEK, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 181, PAGE .1, OF THE PUBUC RECORDS OF BROWARD COUNTY. FLORIDA, B£lNG MORE PAR 77CULARL Y DESCRIBED AND BOUNDED AS roLLOWS:

BEGINNING AT THE NORTHEAST CORNER OF SAID PARCEL -A-, SAID POINT LYING ON THE WEST RIGHT OF WAY UNE OF FEDERAL HIGHWAY (U.S. 1): THENCE SOUTH 06"51'10- WEST ALONG SAID WEST RIGHT OF WAY UNE, A DISTANCE OF .12 . .12 FEET; THENCE SOUTH BB'44'3J- WEST ALONG A UNE .12 FEET SOUTH OF AND PARALLEL IWTH, IW-IEN MEASURED AT RIGHT ANGLES TO, SAID NORTH BOUNDARY. A DISTANCE OF 477.67 FeET: THENCE NORTH 4615'27- WEST. A DISTANCE OF' 45.25 FEET; THENCE NORTH BB'44'JJ- EAST ALONG SAID NORTH BOUNDARY, A DISTANCE OF 514.2.1 FEET TO THE POINT OF' BEGINNING.

SAID LANDS SlTUA TE IN THE CITY OF POMPANO BEACH, BROWARD COUNTY. FLORIDA. CONTAINING 15,870 SQUARE FeET OR O • .164 ACRES MORE OR LESS.

NOTES:

BEARINGS SHOWN HEREON ARE BASED ON AN ASSUMED BEARING, THE WEST RIGHT OF WA Y UNE OF FEDERAL HIGHWA Y (U.S 1) IS ASSUMED TO BEAR SOUTH 06"51'10- WEST.

THIS SKETCH AND DESCRIP770N CONSISTS OF 2 SHEETS AND EACH SH££T SHALL NOT BE CONSIDERED FULL. VALID AND COMPLETE UNLESS A TTACHED TO THE OTHER.

CERTIFICATE:

WE HEREBY CE:R77FY THA T THIS SKETCH AND DESCRIP770N AND OTHER PER77NENT DA TA SHOWN HEREON, OF THE ABOVE" DESCRIBED PROPERTY WAS MADE ON THE GROUND, CONFORMS TO THE MINIMUM TECHNICAL STANDARDS FOR LAND SURVE"YlNG IN THE STATE OF FLORIDA, AS OU1tlN£D IN CHAPTER SJ-17, (FLORIDA ADMINIS7RAT1VE: CODE) AS ADOPTED BY DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES, BOARD OF' PROFESSIONAL SURIlf:YORS AND MAPPERS, PURSUANT TO CHAPTER 472.027, FLORIDA STA JUTES AND THA T SAID SURVE"Y IS TRUE AND CORRECT TO THE BEST OF' OUR KNOWJ;£DGE AND BruEF.

G; \2OO8\III-OIOH101\DWG\S1Ur OlY PARCEl.

PROFEiSJONAL ~~= ~~A~NO 5799 STA 1'£ OF FLORIDA .

THE SKETCH OF stJR~ AND REPORT OR THE COPIES 7Hf:R£OF ARE HOT VALID .. 7HooT THE SIGNA JURE AND RNSED SE'AL. OF A FLORIDA UCENSED stJR~~ AND trlAPPER.

1HIS IS HIlI A SIC£TOI OF SUR\n, but ani)' a .-.Ie dlplctlon of till dMrtptJan ilia.! '*-'- lh!l"~UP~D~A~TE~S~a~·'n~d~/cor~R~E~VI;;:;SI;.;:;ON_S;... __ -+..;D::;A;:.:TE':;;"'oI-=B~Y-+CK=.:'D~ h. beM no tr.Id wortc. IIInIng of \he IUbjeot prapwty, or monumllltll .. In oannect/on with tIIlr prtIpCrCItlan of till Infannatlan "'"" h.--. 1. REVISE TO NEW PLAT 0-18-1. RY DMD 1he un.......,. mid CRAIotN·n«lIitPSON II ASSOCIA'IES. INC. m .. no .-totJanl or guaranblll GI .......... .;,;;,;,;,;;;...;.;...;.;;;;.;.;..;..;;;.;.;....----f.;...;.;;..~..;.;.;-+;;;;;.:~ to tltl Infannatlan .... 1CtId '*-' I*ta/nlng to _ .. t., rlghtl-of-wa)', .. bade ''''-~ ... a..-___________ +-__ ..... -~__1 ._ .......... othIr ....... rnatt... ..... furth ... til .. Inlltrvmlnt .. not Intlncllcl to rwfIIc:t or .. ..-fci1h all .udI matt... Such InfarmatJan Ihould III Gbtolnld ..... contlimld by ...... thraugh appraprIatI'------------+---+--..... --f WI wrftIoatIon. Lan. Ih_ h.-- ... nat Gb8lrac:lld far rlght-of-IIII)' mid/or _lilt. of ~ ..-

fl CRAVEN. THOMPSON & ASSOCIATESI.INC. JOB NO.: 06-0104 SHEET 1 OF 2 SHEETS ENGINEERS • PLANNERS ' SURVEYOR S

.BU.U.1IIDnur.FIlin'IAUIlIIIIW£ fU_U"F~ _18.: c-p- DRAWN BY: RY F.B. N/A PG. N/A Pl.IMA IIIINIID _ surnnNI;. IUSIIESS ilia. m ...... ____ ..... __ ~--_-+ ___ ~--..;..;;.;..;.:...;..;-__1 ~~_::::=::.==::;"'..r-==-~~?:= CHECKED BY: TCS DAlEO: 02-07-13

.. '

I

1"=100'

LEGEND B.C.R. BROWARD COUNTY RECORDS O.R.B. OFF/CAL RECORD BOOK P.B. PLA T BOOK PG. PAGE It CENT£RUNE

G: \2OO8\01-01OHJ01\Of«;\SI)J2' OlY PARCEl.

SKETCH AND DESCRIPTION "ACCESS PARCEL"

EXHIBIT "B"

PARCEL "A" POMPANO CREEK p.a. 181, PG. 3; B.C.R.

POMPANO BEACH BA TTING RANGE

P.B. 96, PG. 15; a.C.R.

ocr 22 2013

• • 'f{

fIICRAVEN • THOMPSON & ASSOCIATES" INC. JOB NO.: 06-0104 SHEET 2 OF 2 SHEETS ENGINEERS • PLANNERS • SURVEYOR S

_U."UlDSll&T.RIIrT&AIIIIfJIMI£R_.u'''F'':A_m.:(_)~ DRAWN BY: RY F.B.N/A PG.N/A . RaD\ IJIDEI_ SUIMlING. _ NIl. m t--------....... ~ ..... ---------t 1M':::!tICIIII ~ ~ ~J~=_~~'!: =- CHECKED BY: TCS DATED: 02 07 13

"

FOR: hFERSON APARTMENT GROUP

LEGAL DESCRIPTION:

SKETCH AND DESCRIPTION 20' UTILITY EASEMENT

EXHIBIT "e"

A STRIP OF'LAND 20 FreT IN 'MDTH, BEING A PORTION OF PARCEL -A-, POMPANO CREEK, ACCORDING TO THE PLAT THEREOF' AS RECORDeD IN PLAT BOOK lSl, PAGe J, OF THE PUBLIC RECORDS OF' BROWARD COUNTY. FLORIDA, LYING 10 FEeT ON EACH SIDE OF AND PARALLEL MATH, WHeN MEASUReD AT RIGHT ANGLES TO, THE FOLLOWING DESCRIBeD CENTCRLlNE:

COMMENCE AT THE NORTHEAST CORNER OF SAID PARCEL -A-, SAID POINT LYING ON THE ~ST RIGHT OF' WAY LINE OF FEDERAL HIGHWAY (U.s. 1); THENCE SOUTH 06'51'10- ~ST ALONG SAID ~ST RIGHT OF WAY LINE, A DISTANCE OF 16.16 FEeT TO THE POINT OF BEGINNING; THENCE SOUTH SS'44'JJ- ~ST ALONG A LINE 16.00' FeCT SOUTH OF AND PARALLEL 'MTH, WHEN MeASURED AT RIGHT ANGLES TO, THE NORTH BOUNDARY OF SAID PARCEL -A-, A DISTANCE OF 146.0J FECT; THeNCE SOUTH 43"44'JJ- M:ST, A DISTANCE OF 14.38 FeCT; THENCE SOUTH 011S'27"f:AST, A DISTANCE OF 5.SJ FeCT TO THE POINT OF' TERMINUS, SAID POINT LYING ON A LINE J2.00 FEET SOUTH OF AND PARALLEL 'MTH, WHEN MEASURED AT RIGHT ANGLES TO, SAID NORTH BOUNDARY.

THE SIDELINES OF THE HeREON DESCRIBED STRIP OF LAND ARE TO BE leNGTHeNeD OR SHORTCNED TO FORM A CONTINUOUS STRIP OF'LAND THAT INTeRSECTS THE BEARING SOUTH 06'Sl'10-WCST AT THE POINT OF BEGINNING.

SAID LANDS S/nJA TC IN THE CITY OF POMPANO BEACH, 8ROWARD COUNTY. FLORIDA. CONTAINING J,J2S SQUARE FeeT OR 0.076 ACRES MORE OR leSS.

NOTES:

BEARINGS SHOWN HEREON ARE BASCD ON AN ASSUMED BEARING, THE M:ST RIGHT OF WA Y LINE OF FeDERAL HIGHWA Y (U.S 1) IS ASSUMeD TO BEAR SOUTH 06'51'70· ~ST.

THIS SKeTCH AND DESCRIPTION CONSISTS OF 2 SHEETS AND EACH SHEeT SHALL NOT BE CONSTDERCD FULL, VALID AND COMPleTE UNleSS A TTACHeD TO THE OTHER.

CERTIFICATE:

~ HEREBY CERTIFY THAT THIS SKeTCH AND DESCRIPTION AND OTHER PERTINENT DATA SHOWN HEREON, OF THE ABOVE DESCRI8ED PROPeRTY WAS MADE ON THE GROUND, CONFORMS TO THE MINIMUM TECHNICAL STANDARDS FOR LAND SURVEYING IN THE STATE: OF FLORIDA, AS OUTLINED IN CHAPTCR SJ-17, (FLORIDA ADMINISTRATIVE CODE) AS ADOPTm BY D£PARTAIENT OF AGRICUL TURE AND CONSUMER SERVICES, BOARD OF PROFtSSlONAL SURVEYORS AND MAPPeRS, PURSUANT TO CHAPTf:R 472.027, FLORIDA STA 1tJTCS AND THAT SAID SURVEY IS TRUE AND CORRECT TO THE BEST OF OUR KNOWl.£DGE AND BruEF.

CRA~!!MPSON cI: ASSQC/~ lfIi\i~E 0 ON D BU~NEr NUMBER 121'1

~ ~ --?{JeT 2 2 2013 , ~~OND\'fQUN~)

PROfESSIONAL SURVEYOR ~QI.4~R NO 5799 STA TC OF FLORIDA

THE SIC£~ OF SlJRICf AND RfPCIRT OR THE COPIES THEREOF ARE NOT VALID IW1HOUT THE SlGHATUR£ AND RAISED S£AL. OF A FLORIDA UCENSfD SlJR\£)'tW AND MAPPER.

1HIS IS tim. A SKElOI OF SURYEY. but anly a "'Ic dlplctlon af til. McrIptJon 111_ h..-.. n.. .. U:"'P-=D~A~TE~S~a-=n~d~/cor~R~E~VI=S=IO~NS ____ -+~D_A~TE~...,;;B_Y-+CK~·D::.t "- ~ no tIIId wwI!, .... of tile IIIbject property. or monulMl'lt. ..t In -van with tile. jInIpaIatiali of tile InformatJan 111_ h..... 1. REVISE EASEMENT TITLE 4-17-13 RY 1IIe ~ and C!lAVEN'1HCMPSIlN • ASSaaAlES, INC. mca no ~tatIan. or .,cnnt.ee a,.·t-::2.~R~EVI~SE~~TO~N~EW~PLA~T~----+o---18"'-";';1;P;';'RY~-D-M""D ta til. lnformatJan rdectAICI h..-. pertoInln9 ta -til, rlaht.-of-woy. ..t bade 1m., -aan .. ____________ +-____ ~--~~ .-.want. and ather 111m.... mattllrl, and furth.. til. ilatNnant • not IntanHd ta rdec:t or ..to fIi1h all IIIch mattor& Such rnfllrmatlcin lllauid be obtaMcl and canflrmed by ottMr. tllrauPi CIIIPI"IIIIria't------------+---+--+---f taU. -"Ic:GtIan. I.ande 111_ h..-. ... not abetnIcted for right-of-way and/or _t. of r-.I.

_CRAVEN • THOMPSON & ASSOCIATES" INC. JOB NO.: 06-0104 SHEET 1 OF 2 SHEETS

ENGINEERS • PLANNERS • SUR~ S ..., Ita &1l1li SII&T. AJn' ~ I'UIIIIlA .ssa,.Alr: (IN) ~ IlL: (ISf) 7JII-f4CID DRAWN BY: RY F.B. N/ A PG. N/ A

Ra.M UCIMID ~ SUIIInNIIallN'l'lNG __ No. 171 t----------+-.... ---------f 1IA::====~,.,,,,..rv::::::::-~~~::t CHECKED BY: TCS DATED: 03-25-13

SKETCH~ AND DESCRIPTION 20' UTILITY EASEMENT

1"=100'

EXHIBIT "D"

I

I I I I I I I I I I I I

POMPANO BEACH BA TTING RANGE

P.B. 96, PG. 15; B.C.R.

2S" ~...I---UllUTY EASEMENT

10' FPL EASEMENT P.B. 96, PG. 15; B.C.R.--~~""

_____ [O.R.B. ~'~:G. ~~B.C.~ ____ _

, , N. BOUNDARY PARCEL -A-

• :c

LEGEND B.C.R. BROWARD COUNTY RECORDS O.R.B. OFF/CAL RECORD BOOK P.B. PLA T BOOK PG. PAGE ~ CENTERUNE

G: \2OO8\06-0104-OO1\OIC\SUAlERI.H:

PROPOSED ACCESS PARCEl:

PARCEL -A­POMPANO CREEK P.B. IB1, PG. 3; B.C.R.

~ ~ - i & ~

~ ..... ~ 0 Q.

/--, / '\.

....... / ---DETAIL (NOT TO SCALE)

DC i 22 20i3

_CRAVEN. THOMPSON & ASSOCIATESI, INC. JOB NO.: 06-0104 SHEET 2 OF 2 SHEETS

ENGINEERS • PLANNERS • SURVEYOR S .1IIIIJ". UID mm; RlfTlAUIIEIIIW£. fUIIDA _ ,.~ _ 111..: (ef) ~ DRAWN BY: RY F.B. N/A PG. N/A 1M;: ~=====": = ~C-H-ECK"""'E";D-B-Y-: -~-CS---"'D-A"!'ff~D:": -0-3---25---1":3---4

EXHIBIT TO THE "AGREEMENT"

EXHffiIT "E" LEGAL DESCRIPTION OF THE 20-FOOT UTILITY

EASEMENT BEING CREATED WITHIN THE 32' ACCESS PARCEL BEING DEDICATED TO THE

CITY

FOR: hFERSON APARTMENT Gf;, __ F»

LEGAL DESCRIPTION:

SKETCH AN DESCRIPTION . 20' UTILITY EASEMENT

EXHIBIT "E"

A STRIP OF LAND 20 FEET IN WIDTH, BEING A PORTION OF PARCEL -A-, POMPANO CREEK, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLA T BOOK 181, PAGE 3, OF THE PUBUC RECORDS OF' BROWARD COUNTY, FLORIDA, LYING 10 FEET ON EACH SIDE OF AND PARALLEL WITH, WHEN MEASURED A T RIGHT ANGLES TO, THE FOLLOWING DESCRIBED CENTERLINE:

COMMENCE AT THE NORTHEAST CORNER OF'SAID PARCEL -A-, SAID POINT LYING ON THE WEST RIGHT OF' WAY UNE OF' FEDERAL HIGHWAY (U.s. 1): THENCE SOUTH 06"51'10- WEST ALONG SAID WEST RIGHT OF WAY UNE, A DISTANCE: OF' 16.16 FffT TO THE POINT OF BEGINNING; THENCE SOUTH 88"44'33- WEST ALONG A UNE 16.00' FEET SOUTH OF' AND PARALLEL WITH, WHEN MEASURED AT RIGHT ANGI£S TO, THE NORTH BOUNDARY OF' SAID PARCEL -A-, A DISTANCE OF' 146.03 FEET; THENCE SOUTH 43"44'33- WEST, A DISTANCE OF' 14.38 FEET; THENCE SOUTH OnS'27-EAST, A DISTANCE OF S.BJ FEET TO THE POINT OF' TERMINUS, SAID POINT LYING ON A UNE 32.00 FEET SOUTH OF' AND PARALLEL WITH, WHEN MEASURED AT RIGHT ANGLES TO, SAID NORTH BOUNDARY.

THE SlDEUNES OF' THE HEREON DESCRIBED STRIP OF' LAND ARE TO BE LENGTHENED OR SHOR7£NED TO FORM A CONTINUOUS STRIP OF'LAND THAT INTERSECTS THE BEARING SOUTH 06"51'10-WEST AT THE POINT OF' BEGINNING.

SAID LANDS SlTUA TE IN THE CITY OF POMPANO BEACH, BROWARD COUNTY, FLORIDA. CONTAINING 3,325 SQUARE FEET OR 0.076 ACRES MORE OR LESS.

NOTES:

BEARINGS SHOWN HEREON ARE BAS£D ON AN ASSUMED BEARING, THE WEST RIGHT OF' WA Y LINE OF FEDERAL HIGHWA Y (U.S 1) IS ASSUMED TO BEAR SOUTH 06"51'10- WEST.

THIS SKETCH AND DESCRIPTION CONSISTS OF' 2 SHEETS AND EACH SHEET SHALL NOT BE CONSIDERED roLL. VAUD AND COMPLETE UNLESS ATTACHED TO THE OTHER.

CERTIFICATE:

WE HEREBY CERTIFY THAT THIS SKETCH AND DESCRIPTION AND OTHER PERTINENT DATA SHOWN HEREON, OF' THE ABOVE DESCRIBED PROPERTY WAS MADE ON THE GROUND, CONFORMS TO THE MINIMUM TECHNICAL STANDARDS FOR LAND SURVEYING IN THE STATE OF' FLORIDA, AS OUnJNED IN CHAPTER SJ-17, (FLORIDA ADMINISTRATIVE CODE) AS ADOPTm BY DEPARTMENT OF' AGRICULTURE AND CONSUMER SERVICES, BOARD OF' PROFtsSIONAL SURVEYORS AND··MA1¥'ERS, PURSUANT TO CHAPTER 472.027, FLORIDA STAlUTES AND THAT SAID SURVEY IS TRUE AND CORRECT TO THE BEST OF' OVR KNOWlEDGE AND BELIEF.

G: \2OO8\08-01OH1O'1\OWG\SLWAlERUHE

CRA~pMPSON'4t ASSOCIArci~ITCD .'-''' 1

"T..~SE:D BIiSiNES NUMBER #271 '\I - u, I

~ ~~OC1" 1 8 20i3' \ R-'!.~p l{QUNG ,~

PROFESSIONAL SURVEYOR ~o.. MAPP NQ 5799 STA 7f OF' FLORIDA

THE SKETCH OF SUR\I£Y AND REPORT OR THE COPIES THEREOF ARE NOT VAUD M1HOUT THE: SlGHA TUR£ AND RAISED S£AL OF A FLaflDA I.JCENSED SUR~ AND tlAPPfR.

f/lCRAVEN -THOMPSON & ASSOCIATESI. INC. JOB NO.: 06-0104 SHEET 1 OF 2 SHEETS

ENGINEERS " PLANNERS • SURVEYOR S ...., No. SlID SIIIEET. Ff1I(f /,AIaJIIAI,I; MIIM mr» FAIt c-J ~ 111.: (IN) _ DRAWN BY: RY F.B. N/ A PG. N / A

IUIIIIM UCENSEII ~ ~.1IIN'I'IMf __ .... DI ..... ,;,;...--....-------+--..... -----~ _ __1 IM~=:=:~=~.:::~~~==- CHECKED BY: rcs DATED: 03-25-13

EXHIBIT TO THE "AGREEMENT"

EXHIBIT "F" SKETCH OF THE 20-FOOT UTILITY EASEMENT

BEING CREATED WITHIN THE 32' ACCESS PARCEL BEING DEDICATED TO THE CITY

1"=100'

5. u':TCH AND' DESCRIPTI __ _

, ,

20' UTILITY EASEMENT EXHIBIT "F"

POMPANO BEACH BA IT/NG RANGE

P.B. 96, PG. 15; B.C.R.

25 1--~--UnUTY £ASDlENT

P.B. 96. PG. 15; B.C.R.-----'l.-----,

N. BOUNDARY PARCEL -A-

LEGEND B.C.R. BROWARD COUNTY R£CORDS O.R.B. OFFlCAL R£CORD BOOK P.B. PLA T BOOK PG. PAGE: i CENTE:RUN£

PROPOSED ACCESS PARCEL:

PARCEL lOA" POMPANO CREEK P.B. 181, PG . .3; B.C.R.

;" .......

/ "

" ./ ---DETAIL (NOT TO SCALe)

JOB NO.: 06-0104

DRAWN BY: RY

CHECKED BY: TCS

DCI 182GB

SHEET 2 OF 2 SHEETS

F.B. N/A PG. N/A

DATED: 03-25-13

EXHIBIT TO THE "AGREEMENT"

EXHffiIT "G" CALCULATION OF THE VALUE OF THE 32'

ACCESS PARCEL BEING DEDICATED TO THE CITY

EXHIBIT "G"

The formula used to calculate the value of the dedication is as follows:

Price paid on July 30,2013 Acreage of site: Cost per square foot: Total square feet of dedication: Credit value: $15.48X 15,875 =

$6,075,000.00 9.011 (392,519 sq. ft.) $15.48 15,875 $245,745.00

EXHIBIT TO THE "AGREEMENT"

EXHffiIT "H" EMERGENCY ACCESS EASEMENT AGREEMENT

FROM THE JEFFERSON PROJECT THROUGH NORTH POMPANO PARK

Record and Return to:

Cityderk City of Pompano Beach 100 West Atlantic Boulevard Pompano Beach, Florida 33060

This Instrument Prepared by:

Bonnie Mlskel, Esq.

INSTR # 111945212 OR BK 50351 Pages 1814 - 1820 RECORDED 1112111302:40 01 PM BROWARD COUNTY COMMISSION DOC-D $0.70

Dunay, Miskel, Backman and Blattner, llP 5355 Town Center Road, Suite 801

DEPUTY CLERK 2090 #1,7 Pages

~ca Raton, Florida 33486 FOLIO: 4843 1844 0010

SMCE AIOVE 1MIS UNE R1I1P11OaSS1NG DATA SMCE AIOV& THlSUNE FOR PlllXBSlNII DATA

EMERGENCY ACCESS EASEMENT

THIS EASEMENT, made ·and entered into this 24 day of October, 2013, between the CllY OF POMPANO BEACH, a Florida municipal corporation, with a mailing address of 100 West Atlantic Boulevard, Pompano Beach, Florida 33060, hereinafter called the Grantor, and JAG-STAR POMPANO, LLC., a Delaware limited liability company, with a mailing address of 1420 Spring Hill Road, Suite 420, McLean, Virginia 22102, hereinafter called the Grantee:

WITN ESS ETH:

That the Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable considerations, to it in hand paid bV the said Grantee, the receipt and sufficiency whereof is hereby acknowledged, does hereby grant, bargain and sell to Grantee, its successors and assigns forever, a permanent and non-exclusive cross access easement, for emergency access purposes, upon, over and across the following described property, described as follows:

See Exhibit "A" attached hereto.

TOGETHER WITH all rights of ingress and egress necessary for emergency use only is hereby granted with all rights, privileges and appurtenances incident thereto.

Grantor represents and covenants that It is the owner of the premises and has the right, title and capacity to grant the easement granted herein and will defend the same against the lawful daims of all persons whomsoever.

The easement granted herein may be amended, terminated or released only by an instrument in writing executed by Grantor and Grantee, their successors and/or assigns, and recorded in the Public Records of Broward County, Florida.

, .

IN WITNESS WHEREOF, the parties hereto have set their hands and seals as of the day and year first above written.

Signed, sealed, and delivered in the presence of:

JAG-STAR POMPANO, L.L.C., a Delaware limited liability company

By: JAG-Star Development Co., L.L.c., a Delaware limited liability company, its sole member

By: JAG Development Manager Two, L.L.C., a Delaware limite . i1ity company, its Operatin

By: -lYitness #1 Signature

D\flvf\.L LWO~ Name:~~~~~~ __ Title:

Witness #1 Printed Name

Witness #2 Printed Name

STATE OFV'l03't \\, q

COUNTY OF ta. .. !l.~¥- '2O-th The foregoing instrument was acknowledged, before me this ~ day of rYX,u"L '

2013 by QJ (~ I (A.,'Y\ \:> ,as V<ff', VIeR fl~,ct€"'f1AG Development Ma ger Two, L.L.C., Delaware limited liability company, as Operating Member of JAG-Star Development Co., L.L.C., a Delaware limited liability company, sole member of JAG-STAR POMPANO, L.L.C., a Delaware limited liability company. He is personally known to me or produced a driver's license as identification.

N!~ ?flrWd9f2-

(Seal)

My commission expires: 04 /36/2ol1-I

Elizabeth M Sandridge NOTARY PUBUC

Commonwealth of Virginia Reg. #7539790

My CommissiOn ExpIres 04/30/2017

TO HAVE AND TO HOLD the easement as hereby granted to Grantee.

IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents as of the day and year first above written.

Signed, sealed and delivered In the presence of:

Witness #2 Printed Name

CITY OF POMPANO BEACH, FLORIDA

STATE OF FLORIDA COUNTY OF BROWARD

The foregoing instrument was acknowledged before me this 3{)-t-lr day of ___ --L...J.L.d,o~-_" 2013, by LAMAR FISHER, as Mayor of the City of Pompano Beach,

al corporation, on behalf of the municipal corporation, who is personally known tome.

NOTARY'S SEAL

''''''I~I~,~ CHRISTINE \YOIJ(A !,.~ MY COMMISSION. EE 136205 ~ ~l EXPIRES: October 5,2015 . "f. ... ~,. ~ Bonded Thru Notary PuIlIIc UnderwriIefS

fRt.,~'

STATE OF FLORIDA COUNTY OF BROWARD

NOTARY PUBLIC, STATE OF FLORIDA

Chn stine l1)Qdl<cL (Name of Acknowledger Typed, Printed or Stamped)

E E. t 3 t.o 2.0 5 Commission Number

f)., The foregoing instrument was acknowledged before me this 30 day of

tv'\4.M , 2013, by DENNIS W. BEACH, as City Manager of the City of Pompano Beach, FIoriba. a municipal corporation, on behalf of the municipal corporation, who is personally known to me.

NOTARY'S SEAL

'~r-..~ CtRSTlNEWOOKA ~~ MY COMMISSION' EE 136205

~-'" ;:.,i§ EXPIRES: October 5, 2015 -'.;-.iK..l\.~'~ Bonded TIIru Notay PublIc UndenvrIIers

STATE OF FLORIDA COUNTY OF BROWARD

NOTARY PUBLIC, STATE OF FLORIDA

CJ'IIIStll'le l}Jod KC\... (Name of Acknowledger Typed, Printed or Stamped)

E. E. i 3&2.0 S Commission Number

The foregoing instrument was acknowledged before me this 24 day of October .2013. by MARY L. CHAMBERS, as City Clerk of the City of Pompano

Beach, Florida. a municipal corporation. on behalf of the municipal corporation. who is personally

known to me. .~) J NOTARY'SSEAL ~_ ,AD»:

eKRYSTAL AARON NOTARY PUBLIC STATE OF FLORIDA

• • Comm# EE874865 , Expires 2114/2017

NOTARY PUBLIC. STATE OF FLORIDA

Krystal Aaron (Name of Acknowledger Typed. Printed or Stamped)

Commission Number

FOR: JEFFERSON APARTMENT GROUP SKETCH AND DESCRIPTION 20' EMERGENCY ACCESS EASEMENT

EXHIBIT -A-

LEGAL DESCRIPTION:

A STRIP OF'LAND 20 FrET IN 'MDTH, BEING A PORTION OF' THf SOUTHVEST ONE-QUARTFR (SW1/4), OF THE NORTHfAST ONE-QUARTFR (NE1/4), OF' THE NORTHWE:ST ONE-QUARTFR (NWI/4) OF' SECTION 18. TOWNSHIP 48 SOUTH, RANGf 43 fAST, BROWARD COUNTY. FLORIDA. LYfNG 10 FEET ON EACH SIDE OF. WHEN MEASURfD AT RIGHT ANGLES TO, THf FOLLO'MNG D£SCRIBED CENTERUNE:

COMMENCE AT THE NORTHEAST CORNER OF' PARCEL -A-, POMPANO CREEK, ACCORDING TO THE PLAT THEREOF' AS RECORDED IN PLA T BOOK 181, PAGf 3 OF' THE PUBUC RECORDS OF BROWARD COUNTY, FLORIDA, SAID POINT L YfNG ON THE VEST RIGHT OF' WAY UNE OF' FEDERAL HIGHWAY (U.s. 1); THENCE SOUTH 89"44'33- WE:ST ALONG A PORTION OF THE NORTH BOUNDARY OF SAID PARCEL -A-, A DISTANCE OF' 649.80 FffT TO THf POINT OF BfGlNNING; THENCE NORTH 01'02'20- VEST, A DISTANCE OF 7.85 FEET TO A POINT OF CURVA TURE OF A CIRCULAR CURVE TO THE LEFT; THENCE NORTHERLY, NORTHVESTERL Y AND VESTFRLY ALONG THE ARC OF SAID CURVE HAVING A RADIUS OF 40.00 FffT, THROUGH A CENTRAL ANGLE OF 89'04'22-, FOR AN ARC DISTANCE OF 62.18 FEU TO THE POINT·OF TANGfNCY; THENCE SOUTH 89'53'18- WE:ST, A DISTANCf OF 334.87 FEET TO THE POINT OF TERMINUS, SAID POINT BEING ON THf EAST PLAT BOUNDARY OF POMPANO BEACH HIGHLANDS 4TH SECTION, ACCORDING TO THE PLA T THEREOF AS RECORDED IN PLA T BOOK 40, PAGf 35 OF SAID PUBLIC RECORDS.

THE SIDE UNES OF THE HEREON DESCRIsm STRIP OF LAND ARE TO BE LENGTHENED OR SHORTFNfD TO FORM A CONTINUOUS STRIP OF LAND THAT INTERSECTS SAID SOUTH UNE AT THE POINT OF BEGINNING AND INTFRSECTS SAID EAST PLA T BOUNDARY AT THE POINT OF TFRMINUS.

SAID LANDS SlTUA TF IN THE CITY OF POMPANO 8£ACH, BROWARD COUNTY, FLORIDA. CONTAINING 8,098 SQUARE FEU OR 0.186 ACRES MORE OR LESS.

NOTES:

BEARINGS SHOWN HEREON ARE BASED ON AN ASSUMfD BEARING, THE NORTH BOUNDARY OF SAID PARCEL -A-, POMPANO CR£EK IS ASSUMED TO BEAR SOUTH 89"44'33- WE:ST.

THIS SKHCH AND DESCRIPTION CONSISTS OF' 3 SH£ETS AND EACH SHEET SHALL NOT BE CONSIDERfD AJLL. VAUD AND COMPLETF UNLESS A TTACHfD TO THf OTHER.

CERTIFICATE:

~ HERfBY CERTIFY THAT THIS SKfTCH AND D~SCRIPTION AND OTHER P~RT1N£NT DATA SHOWN HERfON, OF THE ABOVE DESCRIBED PROPERTY WAS MADE ON THf GROUND, CONFORMS TO THE MINIMUM TECHNICAL STANDARDS FOR LAND SURVEYfNG IN THE STATF OF FLORIDA, AS OUT1JNfD IN CHAPTFR 5J-17, (FLORIDA ADMINISTRA71VE CODE) AS ADOPTED BY DEPARTMENT OF' AGRICULTURE AND CONSUMER SERVlC£S, BOARD OF PRDFtssIONAL SURVEYORS AND MAPPERS, PURSUANT TO CHAPTE:R 472.027, FLORIDA STA TUTFS AND THA T SAID SURVEY IS TRUE AND CORRECT TO THf BEST OF OUR KNOWlEDGf AND BrufF.

CR~A VEN THOMPSON 4! ASSOCIA TFS, ,IAl,.,,! NT"-0 0 " SED~BUSINESS NUMBER #2i11'f.:. I i:: I ~

..... --'? OCT 25 2013

. R~~~NG~L PROFESSIONAL SURVEYOR AN~ MAPF'£R NO 5799

STA TF OF FLORIDA THE: SXETaI OF SlJR~ AND REPORT OR THE COPIES THEREOF' ARE HOT VALJD IWlHOUT

THE: SIGNATURE AND RAISED SEAL OF' A R..ORIDA UCENSED SlJR\IFI'trf AND MAPPER.

_CRAVEN • THOMPSON & ASSOCIATES,JNC. JOB NO.: 06-0104 SHEET 1 OF 3 SHEETS

ENGINEERS • PLANNERS • SURVEYOR·~ ..., "". UID SIBT, fQtI'lAIlIlIIIIM!; fI.tMA.JDII FAX: lIIHJ 7.1IHG 111.: CIIN} ~ DRAWN BY: RY F.B. N/A PG. N/A

R.IMA UC8IED ____ .1fNIiOIIII: IIIIMII Na DI t----------+ __ ....... --------t ~ -~:= ~..J'.:;.::rw~~1: =- CHECKED BY: rcs DATED: 02-08 13

1"=100'

LEGEND

SKETCH AND DESCRIPTION 20' EMERGENCY ACCESS EASEMENT

EXHIBIT -A-

POMPANO BEACH BA TTING RANGE

P.B. 96, PG. 15; 8. C.R.

". ~ ."(

I.ii N

~~ UIl: ~ ~o: ~A=(j ~ ~ Cti o ~ ..... , I

°0 ' (:$' OY.. j.. Q. I

CI) I ,,~_' I ;ii!~~:

60'

5~Cti' I

I ~ ~~~: I &I) I--+---UTIUTY eASDIENT "' P.B. 96, PG. 15; B.C.R.-------,

i I N. BOUNDARY PARCCL -A- ::::) s::-)...i

gJw I ~ ~/l; :::i ~j..

I ~ ~~

PARCEL II A .. ~ :r"if: o :"it'~ I POMPANO CREEK ~ lZ C P.B. 181, PG. J; B.C.R. if: ~

I ~ I

f

B.C.R. BROWARD COUNTY ReCORDS O.R.B. OFFTCAL ReCORD BOOK P.B. PLAT BOOK PG. PAGE ~ CENTERUNe

"

CRAVEN. THOMPSON & ASSOCIATr;~, INC. JOB NO.: 06-0104 SHEET 2 OF 3 SHEETS ENGINEERS • PLANNERS • SURIJEYOK"S

.:s "II DID SIIIEET. RIIIT~ R.CIIIM'-"~ _111.: C-) ~ ORAWN BY: RY F.B. N/A PG. N/A 1fA~ ===~mr=·:a..w..=!!,'1 =- "'C-H-EC-K-E-O-B-Y-: -TC-S---+-OA-TE-O-:-0-2---0a---1-3----I

SKETCH AND DESCRIPTION 20' EMERGENCY ACCESS EASEMENT

LEGEND

E. BOUNDARY POMPANO BEACH HIGHLANDS 4TH SECTION P.B. 40. PG. 35; B.C.R.

OINT OF TERMINUS

EXHIBIT -A-

SEE DETAIL ABOVE'

-------------------/'-'--S. UNE OF (SW1/4). (NEtj4)---J (NWI/4) SEC110N 18-.f8-4.3

B.C.R. BROWARD COUNTY RECORDS O.R.B. OFFlCAL RECORD BOOK P.B. PLA T BOOK PG. PAGE ~ CENTERUNE

DETAIL (NOT TO SCALE)

PARCEL "A" POMPANO CREEK P.B. 181. PG. J; B.C.R.

OCT 25 2GD

",

CRAVEN. THOMPSON & ASSOCIATJ;~ INC. JOB NO.: 06-0104 SHEET 3 OF 3 SHEETS ENGINEERS • PLANNERS • SURVETOft"S

-"'U &'III S1IIEIT. RllrTLAI~ fLClIllUDII"~"'" lEI..: (J54) 7»-efGO ORAWN BY: RY F.B. N/A PG. N/A 1M;:===~Hser=~ciSMI=- .. C-H-EC-K-EO.-....;.;.S-Y: ... r-c-S--...... O-A""""TE ... O-: "'02---0"'8--1';":3;";";"--1

Kelvin Stansberry

From: Kelvin Stansberry Sent: Monday, February 22, 2016 4:15 PM To: Miriam Carrillo Cc: Mark Korman Subject: Affordable Housing Transfer Accounts $245,745.00

Tracking:

Hi Miriam,

Recipient

Miriam Carrillo

Mark Korman

Suzette Sibbie

Transfer Accounts for the Affordable Housing are as follows:

Account FND DP DV SUB EL

Description

WORKING 001 99 10 599 99

CAPITAL

RESERVE

TRANSFER 001 99 20 599 91

TO 132

TRANSFER 132 00 00 381 10

FROM

GENERAL

FUND

EXEMPT 132 12 10 588 12

FICA TAXES 132 82 10 588 21

EMERGENCY 132 82 10 588 84

REPAIR

TOTAL

Assumes20~% for Administration of $49,149.

Kelvin T. Stansberry, Accountant

City of Pompano Beach

Community Development

100 W. Atlantic Boulevard, Room 220

Pompano Beach, FL 33060

(954) 545-7787

OB AVAILABLE

FUNDS

20 1,120,856

37 0

01 0

10 2,585

00 240

27 75,644

1

Delivery

Delivered: 2/22/2016 4:15 PM

Delivered: 2/22/20164:15 PM

Delivered: 2/22/20164:15 PM

CURRENT INCREASE DECREASE

BUDGET

1,120,856 0 245,745

0 245,745 0

0 245,745 0

2,585 45)656· 0

240 3,493· 0

75,644 196,596

737,235 245,745

REVISED

BUDGET

875,111

245,745

245,745

48,241

..,J,69T IY 272,240

Ifo. pimpano . CITY OF POMPANO BEACH ORIGINATING DEPT. DATE FYE 2016

r IIIIbeach. BUDGET ADJUSTMENT OHUt 1 OF 1 02/22/2016

fID,II.'I'.',"IIIWlIUIlI -. AVAILABLE CURRENT REVISED

ACCOUNT DESCRIPTION FND DP DV SUB EL OB FUNDS BUDGET "INCREASE "DECREASE BUDGET

WORKING CAPITAL RESERVE 001 99 10 599 99 20 $ 1,120,856 $ 1,120,856 $ - $ 245,745 $ 875,111

."

TRANSFER TO 132 001 99 20 599 91 37 $ - $ - $ 245,745 $ - $ 245,745 MOl\)

TRANSFER FROM GENERAL FUND 132 00 00 381 10 01 $ - $ - $ 245,745 $ - $ 245,745

CONTINGENCY (ADMIN) 132 82 10 588 99 10 $ - $ - $ 49,149 $ - $ 49,149 /

..;

AHT ACQUIS WI & WIO REHAB 132 82 10 588 84 53 $ 179,047 $ 180,345 $ 196,596 $ - $ 376,941 /'

$ - $ - $ - $ . - $ -

$ - $ - $ - $ - $ -

$ - $ - $ - $ - $ -

$ - $ - $ - $ - $ -

.. USE WHOLE DOLLARS ONLY TOTAL $ 737,235 $ 245,745

.". ~

REASON ..... -..

" f!:lfL4~ ~,~ .•. ..

- . , - GENERAL FUND TRANSFER TO AFFORDABLE HOUSING FUND l. ... _

~'~/lJ.l j hi JJJ;;g IliA ( '"":

'- ,!

F -"

De~ ~entHead ...... ,

• Date , . ,.~ 'V

Adjustment is \fi1rin tot$1 budget of department -Yes ~ No '>G Adjustment requires only City Manager approval -Yes a No ~

> Adjustment requires City Commission approval -Yes X. No $

I

Adju,stwlent approved at City Commission Meeting of

. ~1i.rn dj~ I~ A~~ 'J INPUT CONTROL

I~anc~ Director Date BY (j~/t,~ I tp BY NO.

Budget Office Date City Manager Date -- -- - --

PB 1330 (Revised 5/05) Iy py p py get