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21-1549 Termination of Lease Agreement between City and Longwood Plantation HOARESOLUTION NO. 21-1549 A RESOLUTION OF THE CITY OF LONGWOOD, FLORIDA, APPROVING AND AUTHORIZING TERMINATION OF THE LEASE AGREEMENT BETWEEN THE CITY AND LONGWOOD PLANTATION HOMEOWNERS ASSOCIATION, INC. FOR ASSOCIATION TRACT K; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Longwood ("City") leased certain property identified as Tract K and more specifically described in that lease agreement ("Lease") between the City and the Longwood Plantation Homeowners Association, Inc. ("Association") pursuant to the terms and conditions of such Lease; and WHEREAS, such Lease commenced on January 1, 2001, and would ordinarily expire on December 31, 2099; and WHEREAS, over time, the mutual objectives of both the City and the Association with regard to the Lease have changed such that the parties no longer believe that the Lease is of mutual benefit to each other; and WHEREAS, the City desires to terminate the Lease. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA, that: SECTION 1. The City Commission hereby approves the termination of the Lease and authorizes the Mayor to execute, on behalf of the City, the Termination of Lease Agreement that is attached hereto and incorporated herein. SECTION 2. This Resolution shall take effect immediately upon its adoption. PASSED AND RESOLVED this IS' day of -�t n(dae 2021, bythe City Commission of the City of Longwood, Florida. CITY OF LONGWOOD , l / Richard Drummond, Mayor ATT Michelle Lo , CM , CRM, City Clerk form and legality for the use and reliance by the City of Longwood, only. Daniel W. Lar �I Grant Maloyy,Clerk Of The Circuit Court&Comptroller Seminole County,FL Inst#202106`7850 Book:9937 Page:1091-1093;(3 PAGES)RCD:5/20/2021 2:12:50 PM REC FEE$27.00 Prepared by: Daniel W.Langley,ESQUIRE 1947 Lee Road Winter Park,Florida 32789 • After recording return to: City of Longwood Attn:City Clerk 175 West Warren Avenue Longwood,Florida 32750 TERMINATION OF LEASE AGREEMENT TH TERMINATION OF LEASE AGREEMENT("Termination")is made and entered into this 2021,by and between the City of Longwood("City")and Longwood Plantation Ho eowners Association,Inc.("Association"). WTTNESSETH: WHEREAS,on July 20,2001,the City and the Association entered into a lease("Lease"), pursuant to which the City leased a parcel identified as Tract K(the"Leased Premises")from the Association commencing on January 1,2001,with a termination date of December 31,2099;and WHEREAS, over time,the objectives of the City and the Association have evolved and diverged with regard to the Lease and the maintenance, use, and occupation of the Leased Premises,and the City and Association have agreed to terminate the Lease to their mutual benefit; and WHEREAS, § 1(e) of the Lease allows the City and Association to terminate the Lease pursuant to a written agreement. NOW, THEREFORE, in consideration of the mutual understandings and covenants set forth herein,the City and the Association agree as follows: 1. The Lease is hereby terminated with respect to both parties,together with all duties and obligations of the City imposed by such Lease with regard to the Leased Premises. 2. In accordance with this Termination,the Lease,recorded in the Official Records of Seminole County Florida at Book#4236,Page#1068-1072,no longer binds the successors of the parties and successors and assigns thereto and will cease to be an encumbrance running with the land. 3. The City agrees to peaceably surrender the Leased Premises to the Association and vacate the Leased Premises. Furthermore, the Association will allow the City a period of 20 business days to remove any personal property or equipment belonging to the City,if any, from the Leased Premises. 4. In consideration for the termination of the Lease and notwithstanding the Page 1 of 3 Book 9937 Pao 1092 Instrument#2021067850 termination of the Lease,the City will continue to assume and pay the entire electric power bill for the streetlights in the Longwood Plantation Subdivision for a period of at least thirty (30) years from the date of this Termination instrument. Further, in consideration for the termination of the Lease, the City at the City's expense, has or will remove two trees within Track K that the Association has designated for removal within thirty(30)days of execution of this agreement. 5. Both parties agree that any and all payments due to one another pursuant to the Lease have been paid and settled and that no additional sums, costs, fees, or rents are due or accruing as of the date of this Termination. 6. This is the entire agreement between the parties concerning the termination of the Lease. 7. Venue for and jurisdiction over any litigation arising from this Termination will,if in state court,be in a court of competent jurisdiction in and for Seminole County,Florida,or,if in federal court,be in the Middle District of Florida,Orlando Division. 8. This Termination must be recorded in the Public Records of Seminole County, Florida,by the City of Longwood as evidence that the Lease has been terminated and is no longer in effect. IN WITNESS WHEREOF,the parties hereto have made and executed this Termination as set forth low. CITY OF LONGWOOD,a Florida municipal co .. .tion By: itness Brian D. Sackett, • or STATE OF FLORIDA COUNTY OF ,M p The foregoing instrument was acknowledged before me by means of Jphy 'cal e n e r 0 online notarization, this r- day of irja , 2021 by•�t���k �h t , as Mayor for the City of Longwood, who is personally known to me or who have produced identification./11 �x;"""':"w,. MICHELLE LONGO I N. — -fate of Florida i l Commission I GGe122335 of Ma IVi I/ /K''Q; � MyComm.ExpiresNov5.2021 ( •••••:«•' flooded though limed howmin. nted Notary Name 7 " My Commission expires: Abiatillws,was Page 2 of 3 Book 9937 Page 1093 LONGWO( Instrument#2021067850 6. 4y C -v B '1 IIAIL,4 Witness II1 •!► President• • #,A4\Fciptl ieVbniz, Witness • Witness Witness • STATE OF FLORIDA COUNTY OF SEMINOLE The foregoing instrument was acknowledged before me by means of Bfphysical presence or 0 online notarization,this(day of (rt ,2021 by Tra as President of Longwood Plantati Homeowners Association,Inc.,who is personally known to me or who have produced identification. Public Stab of'Florida 1 can Wen Si rc—State of Florida a� (Th Printed Notary Name • My Commission expires: (to • Page 3 of 3