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HomeMy WebLinkAboutR-2018-153 City Designating Stirling Alya, LLC's Affordable Housing Contribution Of ($82,000.00) To City As Required By The County To The City's CRA's ''At Home Dania Beach Affordable Housing'' Program RESOLUTION NO. 2018-153 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, DESIGNATING STIRLING ALYA, LLC'S AFFORDABLE HOUSING CONTRIBUTION OF EIGHTY-TWO THOUSAND DOLLARS ($82,000.00) TO THE CITY OF DANIA BEACH AS REQUIRED BY BROWARD COUNTY TO THE DANIA BEACH COMMUNITY REDEVELOPMENT AGENCY'S "AT HOME DANIA BEACH AFFORDABLE HOUSING" PROGRAM; AUTHORIZING THE CITY MANAGER AND FINANCE DIRECTOR TO ALLOCATE STIRLING ALYA, LLC'S REQUIRED AFFORDABLE HOUSING CONTRIBUTION PAYMENT TO THE DANIA BEACH COMMUNITY REDEVELOPMENT AGENCY; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; AND FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Dania Beach ("City Commission") finds it periodically necessary to adopt procedures and policies to implement municipal goals and objectives; and WHEREAS, on February 13, 2018, the City Commission approved Stirling Alya's application to amend the City of Dania Beach ("City") adopted Future Land use and Zoning Maps and site plan application for an 8.3 acre parcel of land identified by the Broward County Property Appraisal as Parcel No. 504232-29-0010 to accommodate One Hundred Ninety Seven (197) on-site mid-rise residential units; and WHEREAS, prior to the approval of Stirling Alya's Future Land Use and Zoning Map Amendments and Site Plan application, the City's Future Land Use and Zoning permitted a maximum of Thirty Three (33) dwelling units on-site; and WHEREAS, upon adoption of the approved Stirling Alya's Future Land Use and Zoning Map Amendments and Site Plan application, the City Commission allowed for an increase of One Hundred Sixty Four(164) dwelling units on the property; and WHEREAS, as a result of the increased number of units and in an effort to promote affordable housing, Broward County required Stirling Alya, LLC, to record a Declaration of Restrictive Covenant with Broward County with respect to the referenced property mandating that, prior to the issuance of the first building permit, Stirling Alya, LLC, shall pay the City Five Hundred Dollars ($500.00) per dwelling unit for the One Hundred Sixty Four (164) additional dwelling units in the total amount of Eighty-Two Thousand Dollars ($82,000.00); and 1 RESOLUTION#2018-153 WHEREAS,the h Declaration of Restrictive Covenant states that these funds must be used for the City's affordable housing programs; and WHEREAS, on March 22, 2018, Stirling Alya, LLC, recorded the mandated Declaration of Restrictive Covenant with the Broward County Commission as Instrument No. 114964684, which is attached as Exhibit"A"; and WHEREAS, the City and the Dania Beach Community Redevelopment Agency ("CRA") received a letter from Stirling Alya, LLC, dated October 9, 2018 which is referenced as Exhibit `B", a copy of which is attached to and incorporated into this Resolution, indicating its intent to submit documents for construction permits on the referenced parcel within the next few months; and WHEREAS, Stirling Alya, LLC, recognizing that the City of Dania Beach does not have an affordable housing program meeting Broward County's affordable housing requirements, requested the Eighty-Two Thousand Dollar ($82,000.00) payment required by Broward County for affordable housing be approved to the CRA's "At Home Dania Beach Affordable Housing" Program; and WHEREAS, Stirling Alya, LLC, desires to ensure that Broward County and the City release and terminate the recorded Declaration of Restrictive Covenant so that the progress of the development remains as scheduled without any additional delays; and WHEREAS, on June 12, 2018, the Dania Beach CRA Board approved the "At Home Dania Beach Residential Revitalization" Program, which incorporates strategies to provide affordable housing in the City through the purchase and acquisition of vacant residential lots or properties for infill housing in order to improve the existing housing stock within the CRA neighborhoods for low to moderate income residents; and WHEREAS, the City Commission recognizes the need to encourage the development of for-sale and rental opportunities for families who are a part of the workforce in the City, and particularly those families whose incomes fall within the low to moderate income categories; and WHEREAS, the City Commission has determined that the enactment of this Resolution will serve to benefit the citizens of Dania Beach and will protect the public health, safety, and welfare; and WHEREAS, City staff recommends approval of Stirling Alya, LLC.'s request to allocate Stirling Alya, LLC's Affordable Housing Contribution of Eighty-Two Thousand Dollars 2 RESOLUTION#2018-153 ($82,000.00) as required by Broward County to the City to be allocated to the CRA's "At Home Dania Beach Residential Revitalization" Program to satisfy the requirements stipulated in the recorded Declaration of Restrictive Covenant attached as Exhibit A; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA THAT: Section 1. That the foregoing "WHEREAS" clauses are ratified and confirmed as being true and correct, and they are made a part of and incorporated into this Resolution by this reference. Section 2. That the recorded Declaration of Restrictive Covenant mandating Stirling Alya, LLC to pay Eighty-Two Thousand Dollars ($82,000.00), prior to the issuance of the first building permit, to the City of Dania Beach's affordable housing program for the 164 additional dwelling units on parcel number 504232-29-0010 is satisfied in the opinion of the City. Section 3. That the October 9, 2018 letter from Stirling Alya, LLC requesting that the Eighty-Two Thousand Dollar ($82,000.00) payment required by Broward County for affordable housing be put towards the CRA's "At Home Dania Beach Affordable Housing Program", is accepted as to such payment. Section 4. That the City Manager and Finance Director are authorized to allocate Stirling Alya, LLC's Affordable Housing contribution of Eighty-Two Thousand Dollars ($82,000.00) as required by Broward County to the Dania Beach Community Redevelopment Agency to the "At Home Dania Beach Affordable Housing Program". Section 5. That all resolutions or parts of resolutions in conflict with this Resolution shall be repealed to the extent of such conflict. Section 6. That this Resolution shall take effect immediately upon City Commission adoption. 3 RESOLUTION#2018-153 PASSED AND ADOPTED on October 23, 2018. ATTEST: THOMAS SCHNEIDER, C C TAMARA JAM CITY CLERK MAYOR aeLISNE�y APPROVED AS T RM AND CORRECTNESS: /�—A i TH A . A B CITY ATTO Y 4 RESOLUTION#2018-153 Instr# 114964684 Page 1 of 10, Recorded 03/22/2018 at 01:14 PM Broward County Commission Retam to:(emlou se96sd4seued skimped envelope) Name: Marla Neufeld,Esq. Address: Greenspoon Marder,P,A. 200 E.Broward Boulevard,Suite 1800 Fort Lauderdale,FL 33301 This[nstralment Prepared by: Marla Neufeld,Esq. Greenspoon Marder,P.A. 200 E.Broward Boulevard,Suite 1800 Fort Lauderdale,FL 33301 SPACE ABOVE THIS LING FOR PROCESSING DATA SPACE ABOVE THIS LIKE FOR PROCB.SSDVG DATA DECLARATION OF RESTRICTIVE COVENANTS THIS DECLARATION OF RESTRICTIVE COVENANTS ("Covenant") made this -2-2 .of 'Ja , 2018, by Stirliiig Alya,LLC, a Florida limited liability company,its successors and assigns ("Owner"),which shall be for the benefit of BROWARD COUNTY,FLORIDA,a political subdivision of the State of Florida("County")and the City of Dania Beach,a municipal corporation organized pursuant to the State of Florida("City"). WITNESSETH: WHEREAS,Owner is the fee simple owner of land located in the City more particularly described in Exhibit"A"("Property");and WHEREAS,Owner made an application requesting that the land use plan designation on the Property be changed from 6.7 acres of Low(5) Residential and 1.6 acres of Commerce to Irregular(23.74)Residential to allow for an additional 164 dwelling units("Application');and WHEREAS, in connection with the Application, Owner has voluntarily agreed to place certain restrictions on the development of the Property as set forth below in favor of the County and the City. NOW, THEREFORE, in consideration of the foregoing premises and the promises and covenants herein contained, Owner hereby declares that the Property shall be subject to the covenants,restrictions,and regulations hereinafter set forth,all of which shall run with the land and which shall be binding upon all parties having any right,title or interest in the Property or any partthereof,their heirs,successors and assigns; l. Recitations. The recitals set forth above are true and correct and arc incorporated into this Covenant by this reference. 2. Covenants. Prior to the issuance of the first building permit for a dwelling unit on the Property,the Owner shall pay to the City Five Hundred Dollars($500)per dwelling unit for i 32662147.3 Instr# 114964684 , Page 2 of 10 the 164 additional dwelling units on the Property in the total amount P t'ty n of Eighty Two Thousand. Dollars ($92,000), to be used by the City towards the City's affordable housing programs ("Affordable Housing Contribution'). 3. Release. Upon presentation to the County of evidence of payment of the Affordable Housing Contribution, at the request and expense of Owner, the County and City shall cause a release and termination of this Agreement in the form attached hereto as Exhibit B to be recorded in the Public Records of Broward County, Florida, evidencing such completed performance of this Covenant. The issuance of the release shall not require County or City Commission approval. 4. Amendments. Except as otherwise provided herein, this Covenant shall not be modified, amended or released as to any portion of the Property except by written instrument, executed by the then owner or owners(s) of the portion of the Property affected by such modification, amendment, or release and approved in writing by the County and City. The appropriate governmental authority of the County and City shall execute a written instrument effectuating and acknowledging such modification, amendment or release. Any amendment, modification or release of this Covenant shall be recorded in the Public Records of Broward County,Florida,at the then owner's sole expense, S. Recordation and Effective Date. This Covenant shall not become effective and shall not be recorded in the Public Records of Broward County,Florida,until after approval by the County and City of the requested Application and the expiration of all appeal periods or,if an appeal is filed, the conclusion of such appeal in a manner that does not affect the County's or City's approval the Application. Once recorded,this Covenant shall run with the land for the sole benefit of the County and City and shall bind all successors-in-interest with respect to the Property. This Covenant shall not give rise to any other cause of action by any parties other than the County or City,and no parties other than the County or City shall be entitled to enforce this Covenant. Any failure by the County or City to enforce this Covenant shall not be deemed a waiver of the right to do so thereafter.. 6. SevlrabilLty If any court of competent jurisdiction shall declare any section, paragraph or part of this Covenant invalid or unenforceable,then such judgment or decree shall have no effect on the enforcement or validity of any other section,paragraph or part hereof,and the same shall remain in full force and effect. The agreed upon venue shall be Oroward County, Florida. 7. Captions Hea inks and Titles. Articles and paragraph captions, headings and titles inserted throughout this Covenant are intended as a matter of convenience only and in no way shall such captions,headings or titles define,limit or in any way affect the subject matter or any of the terms and provisions therednder or the terms and provisions of this Covenant. 8. Context. Whenever the context requires or admits,any pronoun used herein may be deemed to mean the corresponding masculine, feminine or neuter form therreof, and the singular form of any nouns or pronouns herein may be deemed to mean the corresponding plural form thereof and vice versa. [THIS SPACE INTENTIONALLY LEFT BLANK] 2 32662147.3 Instr# 114964684 , Page 3 of 10 IN WITNESS WHEREOF, Owner has executed this Covenant on the day first above written. Signed,sealed and ivered Stirling Alya, '''� By- Prilted Name: —*— Its: Dated:_T` rinted Name- 5k STATE OF FLORIDA ) SS COUNTY OF BROWARD ) The foregoing ' strument was acknowled ad before me this ( day of a u 2018, by f as of Stirling Al , LLC,a Florida lindted liability company. VA A NA S Hegfshe is: [ personally known to me,or [ ] produced identification. Type of identification produced (Seal) `' �`�� 4PrtNameA/0V1,eQ- Y PUB Molary public State of Florida Vanessa Romero Wi� 47 Ny GOInmiselan FF 1284b8 ot�,a Expijas0610412018 My commission expires: 3 32662147.3 Instrr# 114964684 , Page 4 of 10 EXHIBIT A LEGAL DESCRIPTION PROPERTY Parcel A,St. Maurice Plat,according to the plat thereoA as recorded in Plat Book 101, Page 17, Public Record$of Broward County,Florida. Parcel Identification Number.504232-29-0010 32662147.3 Instr# 114964684 , Page 5 of 10 EXHIBIT B Return to;(enclose seMaddressed stomped envelope) Name; Maria Neufeld,Esq. Address: Greenspoon Marder,P.A. 200 E.Broward Boulevard,Suite Igoo Fort Lauderdale,FL 33301 This Instrument Prepared by. Maria Neufeld,Esq. Greenspoon Marder,P.A. 200 E.Broward Boulevard,Suite 1800 Fort Lauderdale,FL 33301 SPACE ABOVE THIS LINE FOR PROCESSING DATA SPACE ABOVE THIS 1 dNR FOR PROCESSING DATA RELEASE AND TERMINATION OF DECLARATION OF RESTRICTIVE COVENANTS This Release and Termination of Declaration of Restrictive Covenant("Release and Termination") is effective as of this day of . 201_ by BROWARD COUNTY,a political subdivision of the State of Florida ("County"), and the City of Dania Beach,a political municipality of the State of Florida("City"). WHEREAS,Stirling Alya,LLC,a Florida limited liability company,its successors and assigns ("Owner'), the fee simple title owner of the property described on Exhibit A,attached hereto ("Property"), entered into that certain Declaration of Restrictive Covenant dated ("Declaration")in favor of the County and City that is recorded at Instrument # in Public Records of Broward County,Florida.Terms not otherwise defined herein shall have the same meaning set forth in the Declaration;and WHEREAS,pursuant to terms and provisions of the Declaration,prior to the issuance of the first building permit for a dwelling unit on the Property, Owner agreed to make a per dwelling unit payment towards the City's affordable housing programs in the total amount of Eighty Two Thousand Dollars($82,000.00)("Affordable Housing Contribution");and WHEREAS,pursuant to the Declaration,the County and City are required,at the request of the Owner,to execute a release and termination of the Declaration upon the completion of the Affordable Housing Contribution;and WHEREAS, the Owner has satisfied its obligation pursuant to the Declaration and has paid the Affordable Housing Contribution to the City of Dania Beach;and WHEREAS, Owner .desires that the County and City release and terminate the Declaration by executing this Release and Termination to be recorded in the Public Records of Broward County,Florida,pursuant to the terms and conditions as hereinafter set forth;and 32662147.3 Instr# 114964684 , Page 6 of 10 WHEREAS,upon the execution of this Release and Termination,no further action by the County Commission will be required and this Release and Termination shall constitute the final release of Owner's obligations under the Declaration. NOW, THEREFORE, County and City intending to be legally bound, hereby state and declare as follows: 1. The above recitals are true and correct and are incorporated herein. 2. The obligations, terms, conditions, covenants and provisions of the Declaration are of no further force and effect and Owner is released from the Declaration and the Declaration is hereby terminated. 3. This Release and Termination shall be construed and governed in accordance with laws of the State of Florida and in the event of any litigation hereunder,the venue for any such litigation,shall be in Broward County,Florida. 4. This Release and Termination shall be recorded in the Public Records of Broward County,Florida,whereby recording fees are to be paid by Owner and shall run with the Property and shall be binding upon and inure to the benefit of the respective successors and assigns of County and City and the respective successors and assigns of Owner. WS PAGE INTENTIONALLY LEFT BLANK] 32662147.3 Inst:r# 114964684 , Page 7 of 10 ATTEST: BROWARD COUNTY,through its BOARD OF COUNTY COMMISSIONERS County Administrator and By. Printed Name: Ex-Officio Clerk of the Title: Board of County Commissioners of Broward County,Florida day of ,201 Approved as to form by Office of County Attorney Broward County,Florida Governmental Center,Suite 423 I I S South Andrews Avenue Fort.Lauderdale,FL 33301 Telephone: (954)357-7600 Telecopier: (954)357-6968 By Assistant County Attorney day of 20l 32662147.3 Instr# 114964684 , Page 8 of 10 CITY WITNESSES: CITY OF DANIA BEACH By: Print Name: Name: Print Name: Title: City Manager day of .2018 APPROVED AS TO FORM: By: Name: Title: City Attorney day of 2018 STATE OF FLORIDA ) )SS COUNTY OF BROWARD ) The foregoing instrument was acknowledged before me this_day of ,2018,by as City Manager of THE CITY OF DANIA BEACH. He or she is: [ ] personally known to me,or [ ]produced identification. Type of identification produced Seal NOTARY PUBLIC Print Name My commission expires: . 32662147.3 Instr# 114964684 , Page 9 of 10 Signed,sealed and delivered . Stirling Alya,LLC. :. By: Printed Name: . Its: Dated: Printed Name: STATE OF FLORIDA ) SS COUNTY OF BROWARD ) The foregoing instrument was acknowledged before me this 'day of ,2018, by as of Stirling Alya,LLC, a Florida limited liability company. . He or she is: [ ] Personally known tome,or [ ] produced identification. Type of identification produced ::(Seal} NOTARY PUBLIC: Print Name: My commission expires: 32662147.3 Instr# 114964684 , Page 10 of 10, End of Document EXHIBIT A RELEASE AND TERNIINATION LEGAL DESCRIPTION PROPERTY Parcel A., St. Maurice Plat,according to the plat thereof,as recorded in Plat Book 101,Page 17, Public Records of Broward County,Florida. Parcel Identification Number.504232-29-0010 32662147.3 S T E L L A R O O M M U N i T 1 E S October 9,2018 Mayor,Vice Mayor and City Commissioners City of Dania Beach 100 W.Dania Beach Boulevard Dania Beach,FL 33004 Re: Stirling Alya,LLC Affordable Housing Contribution Dear Mayor,Vice Mayor and City Commissioners, On February 13,2018,the City of Dania Beach City Commission approved Stirling Alya,LLC's application to amend the City's Future Land Use and Zoning Maps for a ±8.3-acre parcel of land known as parcel number 504232-29-0010 to accommodate 197 onsite mid-rise residential units.Our application allowed for an increase of 164 dwelling units on the property,up from 33 dwelling units.As a result and in an effort to promote affordable housing Broward County required Stirling Alya,LLC.to record a Declaration of Restrictive Covenant with Broward County on the referenced parcel. On March 22, 2018, Stirling Alya, LLC. recorded a Declaration of Restrictive Covenant mandating that prior to the issuance of the first building permit on the property,Stirling Alya,LLC,must pay the City of Dania Beach $500.00 per dwelling unit for the 164 additional dwelling units in the total amount of $82,000.00. The Declaration of Restrictive Covenant dictates that these funds must be used for the City's affordable housing programs. It has come to our attention that the City of Dania Beach does not have an affordable housing program. However, we have noted that the Dania Beach Community Redevelopment Agency (CRA) has an approved affordable housing program, At Home Dania Beach. The CRA's in-fill housing for low to moderate income residents satisfies the affordable housing program requirements from Broward County. Stirling Alya, LLC. anticipates submitting fnr construction permits on the referenced parcel within the next few months.As such,Stirling Alya,LLC respectfully asps the City and CRA to allow the $82,000.00 payment required by Broward County to go towards the CRA's in-fill affordable housing program in order for Broward County and the City to release and terminate the recorded Declaration of Restrictive Covenant and for our development to progress as scheduled without any additional delays. Stirling Alya, Inc. is committed to the City and CRA's efforts in attracting and sustaining high quality development opportunities that produce local jobs while enhancing the local tax base within this great community. Our team looks forward to working with the City and CRA's dedicated team members on ensuring that our development is a victory for all organizations. For reference,a copy of the recorded Declaration of Restrictive Covenant is attached to this document Feel free to contact me at 954-671- 1400 ext.101 or by email at lbaumCWlivestellar.com should you or your team have any questions. 2700 West Cypress Creek Road,Fort Lauderdale,FL 33309 844.505.3150 www.livestellar.com Ar S T E L L A R C O M M U N 1 T 1 E S Sincerely, r- Larry Baum, Managin er Stirling Alya,LLC Stellar Communities Cc: Dania Beach Community Redevelopment Agency Board of Directors Robert Baldwin,City Manager,City of Dania Beach Rickelle Williams,Executive Director,Dania Beach Community Redevelopment Agency 2700 West Cypress Creek Road,Fort Lauderdale,FL 33309 844.505.3150 www.livestellar.com Instr# 114964684 Page 1 of 10, Recorded 03/22/2018 at 01:14 PM Broward County Commission 4 I. Rclo.n for(welo�"Itd�waA slRmped mvdepe) � Name. Maria Neufaid,Esq. %. 6 Address: Greenspoon Marder,P.A. 200 E.Broward Boulevard,Suite 1800 Fort Lauderdale,FL 33301 This Instrument Prepared by: Marla Neufeld,Esq, Greenspoon Marder,PA. 200 E.Broward Boulevard,Suite 1800 Fort Lauderdale,FL 33301 SPACE ABOVE THIS LINE FOR FROCBSs1NO DATA SPACE ABOVE THIS LINE FOR PHOCESSM DATA F DECLARATION OF RESTRICTIVE COVENANTS THIS DECLARATION OF RESTRICTIVE COVENANTS ("Covenant") made this „2--L of — AMtX IN _ . 2018, by Stirling Alya,LLC, a Florida limited liability company, its successors AM assigns("Owner'),which shall be for the benefit of BROWARD COUNTY,FLORIDA,a political subdivision of the State of Florida("County")and the City of Dania Beach,a municipal corporation organized pursuant to the State of Florida("City"). : WITNESSETH: h a WHEREAS,Owner is the fee simple owner of land located in the City more particularly described in Exhibit"A"("Property");and WHEREAS,Owner made an application requesting that the land use plan designation on the Property be changed from 6.7 acres of Low(5)Residential and 1.6 acres of Commerce to Irregular(23.74)Residential to allow for an additional 164 dwelling units("Application');and WHEREAS,in connection with the Application, Owner has voluntarily agreed to place certain restrictions on the development of the Property as set forth below in favor of the County and the City. NOW, THEREFORE, in consideration of the foregoing premises and the promises and covenants herein contained, Owner hereby declares that the Property shall be subject to the 1 covenants,restrictions,and regulations hdroinafter set forth,all of which shall run with the land and which shall be binding upon all parties having any right,title or interest in the Property or any part thereof,their heirs,successors and assigns, 1. Recitations the recitals set forth above arc true and correct and are incorporated into this Covenant by-this reference. 2. Covenants. Prior to the issuance of the first building permit for a dwelling unit on the Property,the Owner shall pay to the City Five Hundred Dollars($500)per dwelling unit for 1 32662147.3 i i z ' Instr# 114964684 , Page 2 of 10 i i the 164 additional dwelling units on the Property in the total amount of Eighty Two Thousand Dollars ($82,000), to be used by the City towards the City's affordable housing programs ("Affordable Housing Contribution'). 3. Release, Upon presentation to the County of evidence of payment of the Affordable Housing Contribution, at the request and expense of Owner, the County and City shall cause a release and termination of this Agreement in the form attached hereto as Exhibit B to be recorded in the Public Records of Broward County, Florida, evidencing such completed performance of this Covenant. The issuance of the release shall not require County or City Commission approval. 4. Amendments. Except as otherwise provided herein, this Covenant shall not be modified, amended or released as to any portion of the Property except by written,instrument, executed by the then owner or owners(s) of the portion of the Property affected by such modification, amendment, or release and approved in writing by the County and City, The appropriate governmental authority of the County and City shall execute a written instrument effectuating and acknowledging such modification, amendment or release. Any amendment, modification or release of this Covenant shall be recorded in the Public Records of Broward County,Florida,at the then owner's sole expense. E 5. Recordation and Effective Da P. This Covenant shall not become effective and shall not be recorded in the Public Records of Broward County,Florida,until after approval by the County and City of the requested Application and the expiration of all appeal periods or,if an appeal is filed,the conclusion of such appeal in a manner that does not affect the County's or City's approval the Application. Once recorded,this Covenant shall run with the land for the sole benefit of the County and City and shall bind all successors4n-interest with respect to the Property. This Covenant shall not give rise to any other cause of action by any parties other than the County or City,and no parties other than the County or City shall be entitled to enforce this Covenant. Any failure by the County or City to enforce this Covenant shall not be deemed a waiver of the right to do so thereafter.. 6, Severabilily If any court of competent jurisdiction shall declare any section, paragraph or part of this Covenant invalid or unenforceable,then such judgment or decree shall i have no effect on the enforcement or validity of any other section,paragraph or part hereof,and the same shall remain in full force and effect. The agreed upon venue shall be Broward County, i Florida. 7. Captions, Headings and Titles. Articles and paragraph captions, headings and titles inserted throughout this Covenant are intended as a matter of convenience only and in no way shad such captions,headings or titles define,limit or in any way affect the subject matter or any of the terms and provisions theredtider or the terms and provisions of this Covenant. 8. Context. Whenever the context requires or admits,any pronoun used herein may be deemed to mean the corresponding masculine, feminine or neuter form thereof, and the singular form of any nouns or pronouns herein may be deemed to mean the corresponding plural form thereof and vice versa. [THIS SPACE INTENTIONALLY LEFT BLANK] r• 2 32662147.3 Instr# 114964684 Page 3 of 10 i IN WITNESS WHEREOF, Owner has executed this Covenant on the day first above written. Signed,sealed and ivered Stirling Alya, e" By: Pi ted Name: Its: .0d, A A Dated: Printed Name: GL STATE OF FLORIDA ) SS COUNTY OF BROWARD ) The foregoing 'nstrument was acknowled ed before me this day of 01 U 2018, by i �i •• , as of Stirling AI , LLC,a Florida h ted liability company. VA A NA g&,/ f Hepfshe is: [ personally known to me,or [ ] produced identification. Type of identification produced (Seal) ::VFr FloteryPuhlfaSlnteofFlptide NOT YPUB ��� V1tx�sae ftomaro ,� w� A,y Canminoiwl FR/29488 Po,t�° Es;Fiees QW04/2618 w.rrar�r wwn✓ Pr rt Name: i N My commission expires: f h I. 3 32662147.3 Instr# 114964684 Page 4 of 10 EXHIBIT A LEGAL DESCRIPTION PROPERTY Parcel A,St. Maurice Plat,according to the plot thereof,as recorded In Plat Book 101,Page 17, Public Records of Broward County,Florida. Parcel Identification Number:304232-29-0010 fi 32662147.3