MEMORANDUM

Agenda Item No.	S(B)

(Public Hearing 4-19-16)

TO:	Honorable Chairman Jean Monestime
and Members, Board of County Commissioners

DATE:

March 8, 2016 •

FROM:	Abigail Price-Williams
County Attorney

SUBJECT:	Ordinance granting petition of
Grand Bay at Doral Community Development District ("District" or "Petitioner") to expand the boundaries of the district established by Ordinance No.
06-153, as amended by Ordinance No. 08-12

Ordinance No. 16-39

The accompanying ordinance was prepared and placed on the agenda at the request of Prime Sponsor Commissioner Jose "Pepe" Diaz.

APW/cp

I

MEMORANDUM
	(Revised)	

TO:

FROM:

Honora:bie Chairman Jean M.onestime

n

and Members, Board of County Comroissioriers

"ifidN, .
neeJtbLJL{llltUlV

DATE:	• April 19, 2016

SUBJECT: Agendait=No.	5(Ei)'•

Please note any ite:ms checked,

"3-Day Rule" for coJn:mittees applicable if raised
. 6 weeks required between first reading and public hearing
4 weeks notification to Jnmcipal officials required prior to public hearing
Decreases revenues or increases expenilitcires witho'IJ:! balancing budget Budget required
Statement of fiscal impact reqmred Stateme11:t of social equity required
Ordinance creating a new board requires detailed County Mayor's J·eport for public hearing	•
No committee review
Applicable legislation requires more than a majority vote (i.e., 2/3's--,-, 3/S's .,	, unanimous 		) to approve

Current information regarding funding source, index code and available balance, and available capacity (if debt is contemplated) required

Approved 			_,,M aa.iy=or Veto		
Override		

Agenda Item No.	5(B) 4-19-16

ORDINANCE NO.	16-.39	

ORDINANCE GRANTING PETITION OF GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT ("DISTRICT' OR "PETITIONER") TO EXPAND THE BOUNDARIES OF THE DISTRICT ESTABLISHED BY ORDINANCE NO. 06-153, AS AMENDED BY ORDINANCE NO. 08-12; PROVIDING SEVERABILITY, EXCLUSION FROM THE CODE, AND AN EFFECTIVE DATE

WHEREAS, the Florida Legislature created and amended Chapter 190, Florida Statutes, to provide an alternative method to finance and manage basic services for community development; and
WHEREAS, Section 1.0l(A)(21) of the Miami-Dade Conuty Home Rule Charter grants the Miami-Dade Conuty Board of County Commissioners the authority to exercise all powers and privileges granted to municipalities and counties by the laws of this State; and
WHEREAS, Article VIII, Section 6(1) of the Florida Constitution provides for exclusive Conuty Chapter authority to establish all governmental units within Miami-Dade Conuty and to provide for their government and prescribe their jurisdiction and powers; and
WHEREAS, at its meeting of October 24, 2006, the Board of Comity Commissioners of Miami-Dade County adopted Ordinance No. 06-153, establishing the Grand Bay at Doral Commnuity Development District ("District" or "Petitioner") and providing for specific bonudaries of the District; and

Agenda Item No.	(B) Page2

WHEREAS, the District boundaries were amended at a meeting of February 5, 2008 by the Board of County Commissioners of Miami-Dade County as per Ordinance No. 08-12; and·
WHEREAS, pursuant to Section 190.046, Florida Statutes, the District may petition, and the Board of Co.unty Commissioners has the authority to expand, the boundaries of a community development district within its jurisdiction; and
WHEREAS, a public hearing has been conducted by the Miami-Dade County Board of County Commissioners in accordance with the requirements and procedures of Sections 190.005(2)(b) and 190.046(1), Florida Statutes, and the applicable requirements and procedures of the Miami-Dade County Home Rule Charter and Code; and
WHEREAS, the Board of County Commissioners finds that the statements contained in the Petition to Expand the District Boundaries are true and correct; and
WHEREAS, the expansion of the District boundaries is not inconsistent with any applicable element or portion of the State comprehensive plan or the Miami-Dad<;> County Comprehensive Development Master Plan; and
WHEREAS, the area of land to be included in the expanded external district boundaries is sufficiently compact and sufficiently contiguous to be developable as one functional interrelated community and the area of land included does not impact such functionality; and
WHEREAS, the expansion of the District boundaries is the best alternative available for delivering tl1e community development facilities and services that will be provided by the District and the area of land being included will not inlpact such delivery; and

Agenda Item No.	S(B)• Page 3

WHEREAS, the proposed facilities and services to be provided by the District within the expanded external boundaries will be compatible with the capacity and uses of existing local and regional community development facilities and services; and
WHEREAS, the area that will be served by the expanded District is amenable to separate special-district government; and
WHEREAS, the owner of the property that is to be added to the District and developed and served by the community development services and facilities provided by the expanded District has submitted fill executed declaration of restrictive covenants pledging ai11ong other things to provide initial purchasers of individual residential lots or units within the expanded area with notice of liens and assessments applicable to such parcels, with certain remedial rights vesting in the purchasers of such parcels if such notice is not provided in a timely at1d accurate mfillller; and
WHEREAS, having made the foregoing findings, after a public hearing, the Mian1i-Dade County Board of County Commissioners wishes to exercise the powers bestowed upon it by Section l.0l(A)(21) of the Miami-Dade County Home Rule Charter in the manner provided by Chapter 190, Florida Statutes,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA:
Section 1.	The foregoing findings, which are expressly set forth herein, are hereby adopted and made a part hereof.

5

Agenda Item No.	5(B) Page4

Section 2.  The Petition to Expand the Boundaries of the Grand Bay at Doral Community Development District to include the real property described in the petition attached hereto, which was filed by the District on March 3, 2016, and which Petition is on :file at the Office of the Clerk of the Board, is hereby granted. A copy of the Petition is attached and incorporated herein as Exhibit "1." .
Section 3. The external boundaries of the District as expanded are sufficiently contiguous, and shall be depicted on the location map attached hereto and incorporated herein as Exlribit "2" and legally described in the Petition.
Section 4.	The current members of the Board of Supervisors are as follows: Carolina Herrera
Teresa Baluja Yadira Monzon Sandy Chen Raisa Krause
Section 5.	TI1e name of the expanded District shall remain "Grand Bay at Doral Community Development District."
Section 6.  Notwithstanding any power granted to the Grand Bay at Doral Community Development District pursuant to this Ordinance No. 06-153, or Ordinance No. 08-12, neither the District nor aoy real or personal· property or revenue in the District shall, solely by

Agenda Item No.	5(B)
PageS

reason of the District's creation and existence, be exempted from any requirement for the payment of any and all rates, fees, charges, pennitting fees, impact fees, connection fees, or similar County rates, fees or charges, special taxing districts special assessments which are required by law, ordinance or County rule or regulation to be imposed within or upon any l.ocal government within 1he Co1mty.
Section 7.  Except to expand the boundaries of 1he District as provided herein, 1his Ordinance does not affect, amend or modify Ordinance No. 06-153, as amended by Ordinance No. 08-12.
Section 8.	If any section, subsection, sentence, clause or provision of this ordinance is held invalid, 1he remainder of this ordinance shall not be affected by such invalidity.
Section 9.  It is 1he intention of the Board of County Commissioners, and it is hereby ordained that the provisions of this ordinance shall be excluded from the Code of Miami-Dade County.
Section 10. This ordinance shall become effective ten (10) days after the date of enactment unless vetoed by the Mayor, and if vetoed, shall become effective only upon an override by this Board.

· PASSED AND ADOPTED:	April  19,  2016

Approved by County Attorney as to fom1 and legal sufficiency:

Prepared by:

Juliette R. Antoine
Prime Sponsor:	Commissioner Jose "Pepe" Diaz

"EXHIBIT I to the	Ordinance"

PETffiON TO EXPAND GRAND BAY AT DOR.AL COMMUNITY DEVELOPMENT DISTRICT

Dated: MARCH 3, 2016

BOARD OF COUNTY COMMlSSIONERS MIAMl•DADE COUNTY, FLORIDA

IN RE: PETITION PURSUANT TO SECTION 190.046(1), FLORIDA STATUTES, TO EXPAND THE BOUNDARIES OF GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT
------------'	'

PETITION TO EXPAND BOUNDARIES OF GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisors (the "Boatd") of the Grand Bay at Doral Community Development District, an independent special district established pursuant to Chapter 190, Florida Statutes (the "District"), and the Mia:rrrl-Dade Coui1ty Home Rule Charter by Ordinance No. 06-153 of Miiimi•Dade County, Florida (the "County"), adopted on Ootober 24, 2006, as amended by Ordinance No, 08·12 of the Co1.111ty adopted on February 5, 2008 (collee,tively, the "Ordinance"), hereby petitions the BOARD OF COUNTY COMMISSIONERS OF MIAMl• DADE C(!UNTY, FLORIDA (the "Commission"), in accordance with Section 190.046(1) of the Uniform Coll!lnunity Development Act of 1980, Chapter 190, Florida Statutes (ibe "Act"), to expand the boundaries of·lhe District and in support thereof, hereby attosts as follows:
That approximately 334.48 acres are currently within the external boundaries of the District.
That the Board desires to expand the boundaries of the District by adding approximately 6.93 acres as legally described on Exhibit A-1. Following such expansion of1he Disttict's boundaries, all lands in the District will continue to be located wholly within the jurisdictional boU11d!ll-ies of the City ofDor l, Florida.

(00009868.O0C v.3)	,.
4

That the real property to be included within the external boundaries of the District does not exceed 50% of the acres initially located within the boundaries of the District and all petitions of the District, including this petition, submitted to the Commission subsequent to the initial petition seeldng establishment of the District do not encompass more than a total of 500 acres.
That annexed hereto as Exhibit A-2 and made a part hereof is a metes and bounds description of the external boundaries of the District following the proposed expansion of such
; boundaries. No real property within the external boundaries of the District as proposed is to be excluded therefrom.
That annexed hereto as Exhibit B is the proposed timetable for construction of any District services to the area to be newly included in the District and the estimated cost of constructing the proposed services.
That annexed hereto as Composite Exhibit C and made a part hereof is evidence of the written consent to the inclusion of their property in the District by the owners (directly or as attorney in fact) of one hundred percent (100%) of the real property to be newly included within the District.
That annexed hereto as Exhibit D and made a pait hereof is a designation of the future general distribution, location, and extent of public and private uses of land proposed for the area to be included in the District by the future land use plan element of the effective local government comprehensive plan.
That aimexed hereto as Exhibit E and made a part hereof is a statement of estimated regulatory costs in accordance with the requirements of Section 120.541, Florida Statutes.

That annexed hereto as Exhibit F is a copy of a Resolution of the City Council of the City of Doral, Florida, expressing its support for this Petition to Expand the Boundaries of the Grand Bay at Doral Community Development District
That following the proposed expansion of the District's boundaries (i.) the property within the District will not be inconsistent with any applicable element or portion of the state comprehensive plan or of ihe effective local government comprehensive plan; (ii) the property comprish1g the District will be of sufficient size, compactness, and contiguity to be developable as one functional interrelated community; (iii) the District will continue to present the best alternative available for delivering the connnunity development facilities and services to. the property that will be served by the District; (iv) the connnunity development facilities and services of the District will not be incompatible with the capacity and uses of existing local and regional community development services and facilities; and (v) the property comprising fue District will be amenable to separate special-pm-pose government.
That all statements contained within tln .Petition are true and correct.

WHEREFORE, Petitioner, fue Board of Supervisors of the Grand Bay at Doral Commu11ity Development District, hereby respectfully requests the Co ssion to:
Direct its staff to notice, as soon as practicable, a local public non-emergency hearing pmsuant to the requirements of Section 190.046(l)(b) of the Act to consider whetl1er to grant the petition for the expansion of tire District's boundaries and to amend the Ordinance establishing fue District to reflect the new boundaries of the District.
Gt·ant this Petition and enact an ordinance pursuant to applicable law amending the Ordmance establishing the District to reflect the new b01mdaries of the District.

RESPECTFULLY SUBMITTED this11!!_day of	Av107+	, 2014.

N-  -00

GRAND BAY AT DORAL COMMUNITY DEVELOPMENT
c	°"'1
'	"-.:
· -		 By:	.

Title: Chairperson

STATE OF FLORIDA	) COUNTY OF MIAMI-DADE	)
,-·:]-,-,.

C

Tlm foregoing	instrument	WJIS	acknowledged	before	me	this0_	day	of
,tUQUbr	, 2014, by HOriu {1C,'1)\rr(i Ilene.vu, the Chairperson of the Board of
Supervisors of the Grand Bay at Doral Community Development District, who is personally
!mown to me [ J or produced 	as identification.

pr'1Jtci

-	aJl11) Li
Notary	PrJ{((JQ .

Typed, printed or stamped name ofNotary Public

EXHIBIT A-1
LEGAL DESCRIPTION OF AREA TO BE ADDED TO DISTRICT PARCELA:
A portion of the Northwest 1/4 of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more particularly described as follows:

COMMENCE at the Northwest Comer of said Section 8; thence S01deg43min29secE, along the West Line of the Northwest 1/4 of said Section 8, for a distance of 1556.14 feet; thence N88deg16min3lsecE for a distance of 50.00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence S0ldeg43min29secE for a distance of 238.26 feet; thence N88degl6min3lsecE for a distance of 266.00 feet; thence N0ldeg43min29secW for a distance of 220.42 feet to a point of curvature of a circular ciuve to the left, concave to the Southwest; thence Northerly, Northwesterly and Westerly along the arc of said curve, having for its elements a radius of 23.00 feet, through a central angle of 90deg00min00sec for an arc distance of 36.13 feet to a point of tangency; thence S88degl6min31secW for a distance of
225.00 feet to a point of cu:rvatme of a circular curve to the left, concave to the Southeast; thence Westerly and Southwesterly along the arc of said curve, having for its elements a radius of 34.00
feet, through a central angle of 3ldeg57m:in57sec'for an arc distance of 18.97 feet to the POINT OF BEGINNING.	,

Containing 1.48 Acres more or less.

TOGETHER WITH:

PARCEL B:

A portion of Section 8, Township 53 South, Range 40 East, Mianri-Dade County, Florida, being more particularly described as follows:
COMMENCE at the Northwest Comer of said Section 8; thence S0ldeg43min29secE, along the West Line of said Section 8, for a distance of 2669.37 feet; thence N88deg16min3lsecE for a distance of 570,00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence continue N88deg16min3 lsecE for a distance of 279.00 feet;. thence S0ldeg43min29secE for a distance of 661.72 feet; thence S88deg16min3 lsecW for a distance of
65.00 feet; thence S0ldeg43mm29secE for a distance of 45.94 feet; thence N89deg39min25secE for a distance of 65,02 feet; thence S01deg43mir29secE for a distance of 152,38 feet; tl1ence S88deg16mi:nl 7secW for a distance of 279.00 feet; thence N01deg43min29secW for a distance of 861.63 feet to the POINT OF BEGINNING.

Containing 5.45 Acres more or less

EXHIBIT A-2
LEGAL DESCRIPTION OF NEW DISTRICT BOUNDARIES

A portion of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more particularly described as follows:

COMMENCE at the Northwest Comer of said Section 8; thence N89deg39min28secE, along the North Line of said Section 8, for a distance of 40.01 feet to the POlNT OF BEGINNING of the hereinafter described Parcel of Land; thence continue N89deg39min28secE, along the last described li11e for a distance of 2616.18 feet; thence S0ldeg44min24secE for a distance of 3358.11 feet; thence S89deg39min25secW for a distance of 2617.08 feet; thence N0ldeg43min29secW, along a line 40.00 feet East of and parallel with the West Line of said Section 8, for a distance of3358.12 feet to the POINT OF BEGINNlNG.
LESS:

The East 400 feet of the West 970 feet of the North 240 feet, and the East 450 feet of the West 970 feet of the South 250 feet of the North 490 feet of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, as described in a Special Warranty Deed recorded in Official Records Book 18896, at Page 765 of the Public Records of Miami-Dade County, Florida.
AND:

A portion of the South 1/2 of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more particularly described as follows:

COMMENCE at the Southwest Comer of said Section 8; thence N0ldeg43min29secW, along the West Line of the Southwest 1/4 of said Section 8, for a distance of 730.21 feet; thence N89deg39m:in25secE for a distance of 40.01 to the POINT OF BEGINNING of the hereinafter described Parcel of Land; thence NOldeg43mi:n29secW, along a line 40.00 feet East of and parallel with the said West Line of1he Southwest 1/4 of said Section 8, for a distance of 1190.41 feet; thence N89deg39min25secE, along a line parallel wi1h and 1920.06 feet North of the South Line of the Southwest 1/4 of said .Section 8, for a distance of 2617.08 feet; thence SOldeg44min24secE for a distance of 1190.42 feet; thence S89deg39min25secW, along a line that is parallel with and 730.00 feet North of the South Line of 1he said Son1hwest 1/4 of said Section 8; for a distance of2617.39 feet to1he POINT OF BEGINNlNG.

AND:

A portion of the Northeast 1/4 of Section 8, Township 53 Sou1h, Range 40 East, Ivliarni-Dacle County, Florida, being more particularly described as follows:

BEGlN at the Northeast Comer of said Section 8; thence S0ldeg44min24secE, along the East Line of the said Northeast 1/4 of said Section 8, for a distance of 1219.58 feet; thence S89deg39m:in25secW, along a line parallel wi1h and 4057.91 feet North of the South Line of the

{00009868.DOG v.1)

Soufueast 1/4 of said Section 8, for a distance of 2608.82 feet to a point on a line that is parallel with and 2608.04 feet West of the East Line of the said Northeast 1/4 of said Section 8; thence NOldeg44min24secW, along the last described line for a distance of 1219.62 feet to a point on the North Line of the said Northeast 1/4 of said Section 8; thence N89deg39min28secE, along the last described line for a distance of2608.82 feet to the POINT OF BEGINNING.
Containing 341.41 Acres more or less.

(00009868.DOC v.2}	2

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SECTION 8, TOWNSHIP 53 SOUTH{ RANGE 40 EAST	SECTION a-:1:i-,ui

SURVEYOR'S NOTES:	(NOT TO SCALEJ

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-This is not o Boundary Survey, but only o GRAPHIC DEPICllON of the description shown hereon.

I

-Not valid without the signature and the original rolsed seal of a·Florida Licenssd Surveyor and Mapper. Additions or deletions to survey mops or reports by other than the signing party or  parties Is  prohibited  without written consent  of the signing party or parties,
a • 3) -There may be oddltlonal Restrictions not shown on this Sketch & legal that may be found In the Public Records of this County, Examination of ABSTRACT OF llTLE will be mode to determine recorded instruments, If OhY affecting thls property.
-Norlh arrow dlrection and Bearihgs shown hereon □re b□s.ed on assumed value of N89'39'2B"E, a1ohg
the North Line of Section 8, Township 53 South, Range 40 East. as shown on the Section Sheet thereof of the Publ1c Ri,,cords of Miomi Dade County, Florida,
-The Sketch and Legal Description shown herein Is based on 1he information provided by the Client.
-No title research hos been performed to determine lf lhere ara ony contnct existing or CJrising out of the creation of the easements, Right of Ways, Parcel Descrlptlons, or □hy other type of encumbrances that the herein described legal may be utilized tor.
SURVEYOR'S CERTIFICATE,
I Hereby Certify \o the best of my knowledge and belief th□\ this drawing Is a true ond correct ' representation of the SKETCH AND LEGAL DESCRIPTION of the real property described hereon.
I further  certify that this sketch was prepared in accordance with the appllcabfe, provisions of

 ?-?""--

Chapter 5J-17 (Formerly Chapter 61C17-6), Florida Administrative Code,	/""'.'.
Ford, Armenteros & Fernandez. Inc, L.B. 6557
Dote: JULY 11th, 2012,	·
Revlnlon:OCTOBER 14th, 2014,		Omar Armenteros, P.S.M. Revislon:OCTOBER 22nd, 2015,	Professional Surveyor and Mapper
Revision: FEBRUARY qth, 2016	State of Flor1 o, Registration No.3679

GRAND BAY AT DORAL/ COD EXPANDED BOUNDARY	
/(ffg·oRD, ARMENTEROS & FERNANDEZ, INC.
1950 N,W. 94thAVENUE, 2nd FLOOR MIAMI, FLORIDA 33172
PH, (30S) 477-6472
FAX (305) 470-2805	Ill[ Of l'llCl;(CT,  SKETCH AND LEGAL DESCRIPTION	
	LOCATION MAP AND NOTES	
	SPECIALDISTRICT SERVICES  INC,	
tii.i'll!Bt:E.R.	DhlEl JULY nth, 2012,	nm,
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	al!Cil{Dlll':	Pl!o.t:P lfo: 06Filll5-HICO	or 6
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EXHIBIT A-2
LEGAL DESCRIPTION OF NEW DISTRICT BOUNDARIES

A portion of Section B, Township 53 South, Range 40 East, Mlomi-Dade County, Florida, being more particularly described as follows:
COMMENCE at the Northwest Corner of sold Section 8; thence NB9deg39mln28secE, , along the North Line of sold Section 8, for o distance of 40.01 feel lo the POINT OF BEGINNING	of	the	herelnofler	described	Parcel	of	Land;	thence	continue N89deg39mln2BsecE, along the lost described Iins for a distance of 2616.1B feel; thence S01deg44mln24secE for a distance of 3358.11 feet; thence S89deg39mln25secW for o distance of 2617.08 feet; thence N01deg43mln29secW, along a line 40.00 feet East of and parallel with the West Line of sold Section 8, for a distance of 3358.12 feet to the POINT OF BEGINNING.
LESS:

The East 400 feet of the West 970 feet of the Nor\h 240 feet, ond \he Eost 450 fee\ of \he West 970 feet of the South 250 feet of tho North 490 feet of Section 8, Township 53 South, Rongo 4,0 East, Miami-Dode County, Florido, as described In a Special Warranty Deed recorded In Officio! Records Book 18896, at Page 765 of the Public Records of Miami-Dode County, Florido.
AND:

A portion of the South 1/2  of Section 8, Township 53 South, Range 40 Eos\, Miami-Dade County, Florida, being more particularly described as follows:
COMMENCE at the Southwest Corner of sold Section B; thence N01deg43mln29secW,
' olong the West Line of the Southwest 1/4 of said Section 8, for a distance of 730.21 ' feet; thence N89deg39min25secE for o dlstonce of 40.01 to the POINT OF BEGINNING
of the hereinafter described Poree! of Land; thence N01deg43min29secW, along o line
40.00 feet East of and parallel with the sold West Line of the Southwest 1/4 of said Section 8, for a distance of 1190.41 feet; thence N89deg39mln25secE, along a line parallel with and 1920.06 feet North of the South Line of the Southwest 1/4 of sold Section 8, for a distance of 2617.08 feel; thence S01deg44min24secE for a distance of 1190.42 feet; thence S89dog39min25secW, along o line that is parallel with and
730.00 feet North of the South Line of the said Southwest 1/1  of _said Section 8; for o cllstance of 2617,39 feet to the POINT OF BEGINNING.

A portion of the South 1/2 of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more porticularly described as follows:
COMMENCE at the Southwest Corner of said Section 8; thence N01deg43mln29secW, along the West Line of tho Southwest 1/4 of said Section 8, for a distance of 730.21· feat; thence N89deg39mln25secE, olong a line 730.00 feet North and parallel with the
South	line	of	said	SecUon	8,	for	a	distance	of	2597.39	feet;	thence

"•I

N01deg44mln24secW for a distance of 546.30 feet to the POINT OF BEGINNING of the hereinafter described Parcel of Lond; thence continue olong the last described line for

,	s  a distance of 466,00 feet to a point of cusp of a circulor curve to the right, concave :. to the Northwest; thence Southwesterly olong the arc of said curve, having for Its elements a radius of 25.00 feet, through a central angle of 89deg59mln42sec, for on arc distance of 39.27 feet to o point of tangency; thence S8Bdeg15min18secW, along the South line of a Conservation Easement as recorded In O.R.B. 25884 at poge 3930
of the Public Records of Miami-Dode County, for a distance of 363.94 feet; thence SOideg44min24secE for· o distance of 417.43 feet ta o point on the arc of a circular curve ta the left, concave to the Northeast, a radial line from said point bears

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z	SKETCH AND LEGAL DESCRIPTION
li:§-	RD,ARMENTEROS &FERNANDEZ, INC.	"" """	LEGAL DESCRIPTION TO ACCOMPANY SKETCH

2

1950 N.W. 94tl1 AVENUE, 2ndFLOOR	""""'	SPECIAL DISTRICT SERVICES, ING.
MIAMI, FLORIDA 33172	U !'Ml ITV: E.R.	OAlI: JULY 11th 2012.	s IXT:
PH. (305J 477 6472	Dlll:l, lllEO:mE'c	sorn	ASSHOWN
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EXHIBIT A-2
LEGAL DESCRIPTION OF NEW DISTRICT- BOUNDARIES (CONTINUED)

N10deg31min19secE; thence Southeasterly olong the arc of said curve, having for Its elements a radius of 2260.00 feet, through o central angle of 09deg17min09sec, for on ore distance of 366.27 feet to a point of compound curvature of a circular curve to
' the left, concave to the Northwest, thence Northeasterly along the arc of said curve,  ' having	for its	elements	a radius of 25.00	feet, through	a central angle of 92deg58mln34sec, for an arc distance of 40.57 feet ta the POINT OF BEGINNING.
AND:

A portion of the Northeast 1/4 of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more partlculorly described as follows:
BEGIN at the Northeast Corner of said Section 8; thence S01deg44mln24secE, along the East Line of the soid Northeast 1/4  of said Section 8, for a distance of 1219.58
, feet; thence S89deg39min25secW, along a line parallel with and 4057.91 feet North of  ,
the South Line of the Southeast 1/4  of said Section 8, for a distance of 2608.82 feet to a point on a line that is parallel with and 2608.04 feet West of the East Line of the said Northeast 1/4 of said Section 8; thence N01deg44min24secW, along the last

Northeast 1/4 of said Section 8; thence NB9deg39min28secE, along the last described line for a distance of 2606.82 feet to the POINT OF BEGINNING.
Containing 337,39 Acres more.or less.

described line for a distance of 1219.62 feet to a point on the North Line of the said

GRAND BAY AT DORAL/ COD EXPANDED BOUNDARY
SKETCH AND LEGAL DESCRIPTION

RD, ARMENTEROS &FERNANDEZ, INC.
1960 N.W. 94th AVENUE, 2nd FLOOR

!

MIAMI, FLORIDA 33172
PH, (30 477-<l472
FAX (305) 470-2805

ftp/,ll(D fllll:
HA\\!! E.R.
IIG. O(Olill Ill!

LEGAL DESCRIPTION TO ACCOMPANY SKETCH SPECIAL DISTRICT SERVICES, ING.

3

Ml[;JULY111h,201?..	Sl{[El:
$!:Mt:	AS SHOWN
POO.U:T No: {)5f096-10QO	or 8 Sl([ns.

T	T

GRAPHIC SC,.ALE

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MO
'

( Jlf FEE'I'}
l £na;,b • 200 !L

LOTZ,IJLOCK2 "JIEACONS'.1'11.TION SECOND ADI>fflON'' (P,B, 156, PG. 39)

TRACT114111

"FLORIO
SUBDIVISION No, 1
[P,J!,:Z,PG, 11)

A FRUIT LANDS COMPANY'S

I
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I

GU1H Ll E OF lHt
NQRlH 490.0D f£E1

LEGEND
P.O. - POINT Of CIJ!JMENC£
P.O.B. - POmT OF BBlllNING
P,B, - Pl.AT BOOK
PG. - PAC£

il

I	"""-

ARY	
ESCRIPTION	
	
4
....eoe_Be. ,s,""'"""-'	

GRAND BAY AT DORAL/ COD EXPANDED BOUND
SKETCH AND LEGAL DESCRIPTION
'	 !	• FORD, ARMENTEROS &FERNANDEZ, INC.	'"'"""	SKETCH TO ACCOMPANY LEGAL D
,:	1950 N.W. 94th AVENUE, 2ndFLOOR	,.,m,"'	SPECIAL DISTRICT SERVICES, INC.
MIAMI, FLORIDA 33172	111,11! \) E.R.	D ll: JULY 111h,2012.	6IIITll
'/	PH,(305)477-6472	ll\l ECK!D0Y:	.CALI::	ASSHOWN
!L 	FAX CJ_o_61_4_1_0._20_0_5	1_"_,._ro_1t_.	l_._.._"_'"_::"c."::°'c: :.c10,c0:::D...L 

I

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TRACT1140"

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,. GRAPHIC SCALE
I	T	T	T
{ Hf FEET )
I \noti ., 200 fL

S69'39'25"W	2608.82'		'' I
I

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--

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11
-L.' i.' 1_
(SEE SHEET 7 OF 8) MATCH LINE 'D",
M

LEGEND
P,O.l • P NT or COIJIIDICE P.O.B, • P NT orBmWING P,TI. - PLAT BOOK
PG. • PAI!

ESCRIPTION

GRAND BAY AT DORAL/ COD EXPANDED BOUNDARY
11--=:...::...:.:...:..:::....:::..:....:..:.....:....:..:.-=:....=:..:...:::....:=.:_::..;;;,   ,;;,...,,,,;,";;;"';...;8;,,l(,,;E"'TG;;'H.;.A.;:N:,,D.;:L;.;E;:,G""A.;:L;;,D;;E;,.SC;;:R,,;l""PT'"l"ON;,..::::....:...:_--1
!>	FORD, ARMENTEROS&. FERNANDEZ, INC,	•m'""	SKE'TCH TO ACCOMPANY LEGAL D
j	1950N.W.941hAVENUE,2ndFLOOR	""""""	SPECIAL DISTRICT SERVICES INC,
§	MIAMI, FLORIDA 33172	Elt\1',11 IY: E,R,	p 'I(, JULY 111h, 2012.	SHE[T:

! "

PH, (306) 477-0472	Ell(',_ CIUl'.[0 Ill\	Sl:ALC	AS SHOW	5
:;	FAX (305) 470•2805	tQ;W nv,	PIIOJm u.. 05F095-1D□O

GRAPHIC SCALE
T T	T	T
( IN FEET )
1 triob = l!00 n,

I I I

NORlH ll E DJ' "J;lE .SOU'fli !C57.91 FJ'.('I
Dr lllE tMT th OW  IJ-ll-40

PORTION OF THE NORTHEAST 1/4 OF SECTION 8-53-40

I
I
,,I

LEGEND
P,0.C, - PrnNT Of OOMME!ICE P.O.B, - PrnNT Of IIE NNING P,B, - PW BOOK
PG, - PAGE

;I;,

C

ARY	
ESCRIPTION	
	
6
or 8 sll"lS	

GRAND BAY AT DORAL/ COD EXPANDED BOUND
=•- o, SKETCH AND LEGAL DESCRIPTION ORD,ARMENTEROS &FERNANDEZ, INC,	""' ""'	SKETCH TO ACCOMPANY LEGAL D

5

W	1960 N.W, 94th AVENUE 2nd FLOOR	"""" '"'	SPECIAL DISTRICT SERVICES, INC.
MIAMI, FLORIDA 33172	RAlllfll\'. EH.	um,JULYHth,2012,	BHll"-

J

PH, {306) 477-6472	DMi. owwm:	scMB	AS SHOWN
FAX(305) 47o-2BOS	C11£t.11ro sr.	Pmm  11<r 05F095·1000
Ol......--------------- -'---------1---""=='-'	"--'-"'""-'

"' - - T	T	T

00

-- GRAPHIC SC"ALE
""	f	l !O
I
( IN FEl1:r)
I luoh = 250 fl,
---!::(S-EE-SH-EET 5 OF 8)
_,1_,_,c..:- MAIQt:UJ E - --

i-- i
i
i

GRAND BAY AT DORAL/ COD EXPANDED BOUNDARY	
1 RD,ARMENTEROS & FERNANDEZ, INC.
1950 N.W. 941hAVENUE, 2nd FLOOR
MIAMI, FLORIDA 33172
PH.(305) 417-6172
FAX (305) 470-2805	l'n't Dl"F8DJ:GT:	SKETCH AND LEGAL DESCRIPTION
SKETCH TO ACCOMPANY LEGAL DESCRIPTION SPECIAL DISTRICT SERVICES, INC.	
			
	f [Fll!llll f()Jlj		
		om: JULY 11th, 2012.
sc4r.	AS SHOWN	IIEET;	7	

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li-

1

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rJl:CJ(OOBi:	P/roJECJ No

LEClEND
P.O.C. - PO T Of COMIIEIICE
P.0.8. - POINT Of BWNMNG
P.B. - PLAT BOIIK
PG. - PAII

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--

'GRAPHIC SCALE
T	T	T	"I"
( IN Flm'I' }
i inoh = 21)0 rt.

'II 00/lNFJ! 5.W. 1/4 SECTlO"° B- 3-40

MOITTtl U E al' 111.E 5DU1ll 19)!:0. e Ft-1
S.W, 1/1 Of SECTIOll 0-53-40

:	GRAND BAY AT DORAL/ CDD EXPANDED BOUNDARY
1---=-..:....:::.....::...;:..=:._....:::;:_c_e,_;;_=._:;_;_..::_=.c._..:..,,,,,..,,..,_ai,,.,.,,'-;,S;,;KE;.T"'CrrH-i=A'"NDz;-;LE""'G'"'A',-L""D"'Es"'cs,R;-;;IP"'T""IO,i,N,:..--'-'---l

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RD,ARMENTEROS &FERNANDEZ, INC.	""' ""	 SKETCH TO ACCOMPANY LEGAL DESCRIPTION 1950 N.W.S41hAVF-NUE,2nd FLOOH	'"" •	SPECIAL DISTRICT SERVICES, INC.
PH. (305)477-6472	rntl!ltbn'I':	mm	AS SHOWN	8

8	MIAMI, FLORIDA 33172	llllAl'll e , E.R.	mr: JULY 11lh, 2012.	!:Hern
;.	FAX (305) 470-2806	tliE!l([O Et:	P/l!JJECJ No'. 05F095-1000	a	·

0 '----------------------'--------'----"''-".C...	---	, ' "'"'"'-'

EXIDBITB
CONSTRUCTION TIMETABLE AND COST ESTIMATE FOR AREA TO BE INCLlIDED WITIIlN DISTRICT BOUNDARIES

Water Distribution System	E TlMATE
$79,250	CONSTRUCTION
2016	CONSTRUCTION
2017	
Sanitary Sewer System	$179,800	2016	2017	
Roadway Improvements	$608,200	2016	2017	

PARCELA:	COST	START	COMPLETE

Stormwater Management	$50,350	2016	2017
System
Total	$917,600
PARCELB:		COST		START		COMPLETE ESTIMATE	CONSTRUCTION	CQ;NSTRUCTION
Water Distribution System	$279,550	2016	2017
Sanitary Sewer System	$176,800	2016	2017
Roadway Improvements	$883,350	2016	2017
Stormwater Management	$68,200	2016	2017
System
Total	$1,407,900

COMPOSITE EXHIBIT C
EVIDENCE OF WRITTEN CONSENT OF OWNERS
TO INCLUSION OF PROPERTY WITHIN THE EXTERNAL BOUNDARIES OF GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT

(00009868.DOC v.1}

AFFIDAVIT
On this_!{ day of /hi :-:, f- , 2014, personally appeared befo e me, an officer duly authorized to administer oafusd talce acknowledgements, (-,rt'9 Me, fk.r$:Off  who, after being duly sworn, deposes and says:

Affiant, lc,d \\Actl,.ul;t)l!I: the Manager of Flordade, LLC, a Florida limited liability company (the "Company").

The Company is the fee title owner of the following described property, to :wit:

See Exhibit "A" attached hereto (the "Property").

Affiant hereby represents that he has full authority to execute all documents and iustruments on behalf of the Company, including the Petition Pursuant to Section 190.046(1), Florida Statutes, To Expand the Boundaries of the Grand Bay at Doral Conununity Development District before the County Commission of Miami-Dade County, Florida.

The Property consists of approximately 5.45 acres of real property located in the City of Doral, Florida.

Affiaut, on behalf of the Company, as the fee simple owner of the Property, in the capacity described above, hereby gives its full consent to the expansion of the external boundaries of the Grand Bay at Doral Community Development District to include the Property therein.

IN  WITNESS  WHEREOF,  I  have  hereunto  set  my  hand  this  _'j_  day  of

O.i13u sl=	_,2014.
FLORDADE	lorida limited liability company

v p

By: ---- 1-------¥-------

STATE OF FLORIDA COUNTY OF MIAMI-DADE

Name: Title:
)
)

_,.(;...c.,•·rut'a.'91-----+Nl=--"-c....,Pc,.1hc,ceSLLlsc,, ,,.,_-'.1	_

The foregoinj,, instrument was acknowledged before me this  day of Ou•zvof '

n

2014, by  M1.1Vl'lloo() , , as Manager of Flordade LLC, a Florida limited liability company. .ful1/she is pers011ajjy knoWll to me [   ] or roduced 	 as identification.

.
' '

Al.MAY.BR!CeNO	-------1..,.ll,/,#  '.'!,,.  ='='l..4--
MYOOMMISSION#El;112261	Notary 1tJ11ic	·"An-·(. ,,,/l,l"'l
EXPIRES: Fobtua!1'2S. 2016	· /'n	V	. tr,	vv
BoododlbruNot,y Pub&Urlil-•
Typed, printed or stamped name ofNotary Public

Exhibit "A" Description of Parcel B

A portion of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more particularly described as follows:
COMMENCE at the Northwest Corner of said Section 8; thence S0ldeg43rnin29secE, along the West Line of said Section 8, for a distance of 2669.37 feet; thence N88degl6rnin3lsecE for a distance of 570.00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence continue N88deg16rnin31secE for a distance of 279.00 feet; thence SOldeg43mio29secE for a distance of 661.72 feet; thence S88deg16min3l secW for a distance of
65.00 feet; thence S0ldeg43mio29secE for a distance of 45.94 feet; thence N89deg39mio25secE for a distance of 65.02 feet; thence S01deg43mio29secE for a distance of 152.38 feet; thence S88deg16minl 7secW for a distance of 279.00 feet; thence N0ldeg43min29secW for a distance of 861.63 feet to the POINT OF BEGINNING.
Containing 237,186.41 Square Feet or 5.45 Acres more or less.

AFFIDAVIT
011 this 1fV\ day of \)tC£Mbe.-r. ;015, persomtlly appeared before me, ai1 officer duly authotized to administer oaths a!ld take acknowledgements, (\\,lrt,\ iO P\WrJ\ , who, after being duly swam, deposes Md says:
Mnant, /y.N.,IId Pi-e,d\-a.' is the Pfe,sid-tni of HDMA Manageme11t h1c, a Florida Corpotation, as Trustee of the Midtown Doi-al Land Trust Agreement Dated foly 31, 2015 (the "Company").
The Company is the fee title owner of the following described property, to
wi.t:
See Exhibit ''A" attached hereto (the "Property").
AfJ:lant hereby rep1·esents that he has full authority to execute all
documents and instruments on behalf of the CompflllY, including the Petition To Expand the Boundaries of the Grand Bay at Doral Community Development Dlstiict before the County Commission of Miami-Dade County, Florida, pursuant to Sectio11 190.046(1), Florida Statutes.
The Propel'1:y coJ1sists of approximately 1.48 aures of real property located Jn the City of Dol'al, Florida. -
Affiant, on behalf of the Company, as the fee simple owner of the Property, in t11e capacity described E1bove, hel'eby gives its full consent to t11e expansion of the exrei-nal bolllldaries of t11e Grand Bay at Doral Community Development District to include the Property therein.
D_	IN WITNESS WHEREOF, I have hereunto set my hand this l111aay of e.o-e1Y;il'.J«	, 2015.
_	IIDMA MANAGEMENT INC.,
aFloridaCmporation, as T1'\lstee of the Midtown Doral Land Trust Agreement
Dated July 31, 2015..-,;;	---

STATE OJ:IFLORIDAd
COUNTY OF flon	Cj

By-:-,,....,;,r=-"""7 --di'---+---'---=	­
Name: -'----l'"i!'--=--'--'-- -'--'--1'--""-'---'--­
Title: ----'--'"'-"--'---'--O-tS'-""''..!------
)
)

{0001

EILEEN VALD'8 MENEZ MYCOMMISSIONI FF915214
EXPIRES: Septeml>or2, 2019
1>ndelfTbru Notaiy P l!!luUnd11rwdtets	I

Exhibit "A" Description of Parcel A
A portion of the Northwest 1/4 of Section 8, Township 53 South, Runge 40 East. Miami­ Dade County, Florida, being more particularly described as follows:

COMMENCE at the Northwest Comer of said Section 8; thence SO!deg43min29secE, along the West Line of the Northwest 1/4 o.f said Section 8, for a distance of 1556, l4 feet; thence N88deg16min31seoE for a distance of 50,00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence SOIdeg43min29secE for a distanoe of 238.26 feet: thence N8Sdegl 6min3lsecE for a distance of 266,00 feet: thence N0ldeg43min29secW for a distance of 220.42 feet to a point of curvature of a. circular curve to the left, concave to the Southwest; thence Northerly, Northwesterly and Westerly along the arc of said curve, having for its elements a radius of 23.00 feet, through a central angle of 90deg00mi1l00sec for ao arc distance of 36.13 feet to a point of tangency; thence S88degJ6miu3lsecW for a distance of 225,00 feet to a point of curvature of a circular curve to the left, concave to the Southeast; thence Westerly and Southwesterly along the arc of said curve, having for its elements a radius of 34.00 feel, through a central angle of 3ldeg57rnin57sec for an arc· dista!lce of 18.97 feet to the POINT OF BEGINNING,
Containing 1.48 Ac!'eS more or less

(00010415,DOCv.1121,/lOl5 02:14PM)

EXHIBITD

DESIGNATION OF THE FUTURE GENERAL DISTRIBUTION, LOCATION AND EXTENT OF PUBLIC AND PRIVATE USES OF LAND PROPOSED FOR
THE AREA TO BE INCLUDED WITHIN THE DISTRICT

{00009868,DOC v,2}

City of Doral, Florida - City of Doral, Florida	Page 1 of2

Future Land Use Map

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Layers	;.;
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(CMU)

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Doral Design Dlslrlc\
Downtown Mixed Use
(DMU)

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High Density Residential (HDR)
i".iJ lnduslrlsl (IND)

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httns://www.citvofdoral.com/index.olm?ontion=com content&view=article&id=l99&Ttem.:.  7/14/2014

EXRIBITE
STATEMENT OF ESTIMATED REGULATORY COSTS
Introduction
Pul'pose.and Scope
This Statement of Estimated Regulatory Costs ("SERC") supports the petition to expand the boundaxies of the Grand Bay at Doral Community Development District ("District"), The District currently comprises approximately 334.48+/- acres of land located in the City of Doral, Florida. Once expanded, the District will contain approxhnately 341.41+/­ act·es. This SERC is specific for two (2) areas to be added; (!) the former church site consisting of approximately 1.48+/- acres; and the (ii) formei: school site consisting of approximately 5,45+/- acres. The total area of expansion is approximately 6,93+/. acres, The liniitations on the scope of this SERC ate explicitly set out in Section 190,002(2) (d), Florida Statutes ("F.S.") governing District establishment) as follows:
"That the prncess of establishing such a district pursuant to unifonn general law shall be folr and based only on factors material to managing and financing the service delivery function of the district, so that any matter concerning permitting or planning of the development is not material 01· relevant (emphasis added),"
Overview of Grand Bay at Dol'al Community l)eveiopment District
The District is designed to provide district infrastructute, services, and facilities along
with their operations and maintenance to a master pla!med residential development. The proposed areas of expansion (6,93+/-acres) will add 1.27 residential dwelling units within the expanded boundaries of the District.
Requirements for Statement of Estimated Regulatory Costs

Section 120.541(2), F.S. (2013), defines the elements a statement of estimated regulatory costs must contain:
A good faith estimate of the number of individuals and entities likely to be required to comply with the rule, together with a general description of the types of individuals likely to be affected by the mle.

A good falth estimate of the cost to the agency, and to any other state and local government entities, of implementing IUld enforcing the proposed rule, and any anticipated effect on state and local revenues.
A good faith estimate of the transactional costs likely tu be incurred by individuals and entities, including local governmental entities, required to comply with the requirements of the proposed ordinance. As used in this paragraph, "transactional costs"

are direct costs that are readily ascertainable based upon standard business practices, and include filing fees, the cost of obtaining a license, the cost ol' equipment required to be installed or used or procedures requil'ed to be employed in complying with the rule, additional operating costs incurred, and the cost of monitoring and reporting,
An analysis of the impact on small businesses as defined by Section 288,703, F.S., and an analysis of the impact on sinall countles and small cities as defined by Section 120.52, F.S. Miami-Dade County is not defined as a small County for purposes of this rociuirement,
Any additional information that the agency determines may be useful.
In the statement or revised statement, whichever applies, a description of any good faith written proposal submitted under parflgraph (1) (a) and either a statement adopting the alte1natlve or a statement of the reasons for rejecting the alternative in favor of the proposed ordinance.
''Note: the references to "rule" in the statutory reqnil'ements for the Statement of Estimated Regulatory Costs also apply to an "ordinance" under section 190.005(2) (a), Florida Statutes,"

2,0  A good faith estimate of the number of individuals and entities likely to be required to comply with the ordinance, togef.her with a general description of the types of individuafa likely to be affected by the ordinance,
The Grand Bay i;t Doral Community Development District (the "District") serves land that currently comprises a 334.48 +/- acre residential development. Once expanded the District's boundaries will comprise approximately 341.4 t+/- acres to be made up of an estimated total of 4,030 residential units. The estimated total population of the District will be I0,075+/-, The property owners in the District will be individuals that may operate industrial, mannfactlll'ing, commercial, retail and non-retail related businesses outside the bom1daries of the District, The m,ijodty of the property owners in the Disttict will be individuals and families.
A good faith estimate of the cost to the agency, and tQ any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated efl'ect on state or local revenues.
There .is no state agency promulgating any rule relating to this project that is anticipated to affect state or local revenues.
3,1	Costs to Governmental Agencies of lmplemcnting and Enforcing Ordinance
Because the results of adopting the ordinance is expansion of an existing local special purpose government, there will be no enforcing responsibilities of any other govemmell.t entity, but there will be various implementing responsibilities which are identified with their costs herein.

State Governmental Entitles

There will be only modest costs to various State governmental entities to implement and enforce the proposed expansion of the District. The District expansion will encompass
. under 1,000 acres; therefore, Miami-Dade County is the 'proposed expansion establishing entity' under 190.005(2), F.S. The modest costs to various State entities to implement mid enforce the proposed ordinance relate strictly to 1he receipt and processing of various reports that the District is already required to file wi1h the State and its various entities. Appendix A lists the reporting requirements. The costs to those State agencies that will receive and process the District's reports are very small, because the District is only one
of many governmental units that are required to submit the various reports. Therefore, the marginal cost of processing one addltional set ofreports is inconsequential. Additionally, pursuant to section 1&9.412, F.S., the District must pay an annu&.I fee to the State of Florida Department of Economic Opportunity which offsets such costs.
Miami-Dade County

There will be only modest costs to the County for.anumber ofreasons. First, review of the petition to expand the District does not include analysis cf the project itself. Second, the petition itself provides much of the information needed for a staff review. Third, tl1e County already possesses the staff needed to conduct the review without the need for new staff. Fourth, there is no capital required to 1-eview the petition. Finally, the County routinely process similar petitions though for entirely different subjects, for land uses and zoning changes that are far more complex than is the petition to eXpand an existing community development district.

The annual costs to Miami-Dade County, because of the proposed expansion of the Dlstdct, are 11lso very small. The Dist.dot is an independent unit of local government. The only annual costs the County faces are the minimal costs of receiving and revie'wing the various reports that the District is required to provide to the County, or any monitoring expenses the County may incur if it establlshes a monitoring program for this District. The Petitione1· has paid a foe of $1,500 with this submittal to offset any expenses the County may incur in the processing rrfthis particular Petition amendment.
City of Doral

The City of Doral will incur cei1ain i;dvertising costs associated the processing of 1he Petition to Expand the District Boundaries. TI1e Petitioner will reimburse these costs to the City.
Impact on State and Local Revenues
Adoption· of the proposed ordinance will have 1ib negative hnpact on state or local revenues. The District is an independent unit of local government. It is designed to provide infrastructure facilities and services to serve the development project aod it has

A good faith estimate of the transactional costs likely to be incurred by individuals and entities required to comply with the requirements of the ordinance.

Table 1 below provides an outline of the various facilities and services the expanded District may provide.

Table 1
    PROPOSED FACILITIES AND SERVICES (AREAS OF EXPANSION)   
(CHURCH SITE & SCHOOL SITE)
FACILITY/IMPROVEMENT	FUNDED BY	MAINTAINED BY	OWNERSIDP BY	
Water Distribution System	CDD	WASD	WASD	
Sanitarv Sewer Svstem	CDD	WASD	WASD	
Roadway Improvements	CDD	CDD,	HOA	or
City	CDDor City	
Storm.water Management System	CDD	CDDorHOA	CDD	
CDD = Community Development District HOA = Homeowners Association
WASD = Miami-Dade Water and Sewer Department
The petitioner has estimated the costs for providing the capital :facilities outlined in Table
1. The cost estimates for the Church Site and School Site are shqwn in Table 2 below. Total costs for those facilities, which may be provided, are estimated to be approximately
$917,600 for the Church Site and approximately $1,407,900 for foe School Site. The District may issue special assessment bonds in .one or more series to fund the. costs or a portion of the costs of foese facilities located in the areas of expansion. These bonds would be repaid through non-ad valorem special assessments levied on all benefitted properties within the areas of expansion in foe District that may benefit from the District's infrastructure program as outlined in Table 2 below. Table 3 below provides fill approximate timetable for commencement and completion of the capital :facilities.

Prospective future landowners in foe District may be requil'ed to pay non-ad valorem assessments levied by the District to secure the debt incurred throngh bond issuance. In addition to tl1e levy of non-ad valorem special assessments for debt service, the District may also impose a non-ad valorem assessment to fund the operations md maintenance of the District m1d its :facilities and services.

Furthermore, locating in the District by new property owners is completely voluntary. So, ultimately, all owners and users· of the affected property choose to accept the non-ad valorem special assessments by various names and user fees as a tradeoff for the benefits and :facilities that the District provides.

A Community Development District ("CDD") provides property owners with 1he option of having higher levels of facilities and services financed through self-imposed

assessments. The District is an alternative means to manage necessary development services with related financing powers. District management is no more expensive, and often less expensive, than the alternatives of a mllllicipal service taxing llllit (MSTU), a property owner's association, County provision, or through developer equity and/or bank loans.

In considering these costs it shall be noted that owners of the lands to be included within the District will receive three major classes of benefits.

First, landowners in the District will receive a higher long-term sustained level of public services and amenities sooner than would otherwise be the case.

Second, a CDD is a mechanism for assuring that the community services and amenities will be completed concurrently with development of lands within the District This satisfies the revised growth management legislation, and it assures that growth pays for itself without undue burden on other consumers. Expansion of the District will continue to ensure that these landowners pay for tl1e provision of facilities, services and inlprovements to these lands.

Third, a CDD is the sole form of governance which allows District landowners, through landowner voting, to determine the type, quality and expense of District services they receive, provided they meet the County's overall requirements.

The cost impact on the ultimate landowners in the District is not the total cost for the District to provide infrastructnre services and facilities. Instead, it is the incremental costs above what the landowners would have paid to install infrastructure via an alternative management mechanism. Given the low cost of capital for a CDD, tl1e cost impact to landowners is negligible. This incremental cost of the high quality infrastructure provided by the District is likely to be fairly low.
Table2
COST ESTIMATE FOR DISTRICT FACILITIES FOR AREAS TO BE INCLUDED WITHIN DISTRICT BOUNDARIES
PARCELA

FACILITY/IMPROVEMENT	·,
ESTIMATED COST	
Water Distribution System	$79,250	
Sanitary Sewer Svstem	$179,800	
Roadwav Imorovements	$608,200	
Stormwater Management Svstem	$ 50,350	
Total Estimated Cost for Church Site	$917,600	

PARCELB

FACILITY/IMPROVEMENT	ESTIMATED COST	
Water Distribution System	$279,550	
Sanitarv Sewer Svstem	$176800	
Roadway Improvements	$883,350	
Stormwater Management System	$68,200	
Total Estimated Cost for School Site	$1,407,900	
Table3

TIMETABLE FOR DISTRICT FACILITIES FOR AREAS TO BE INCLUDED WITIDN DISTRICT BOUNDARIES

PARCELA

FACILITY/IMPROVEMENT	Start
Construction Date	Complete Construction Date	
Water Distribution Svstem	2016	2017	
Sanitazy Sewer System	2016	2017	
Roadway Improvement5	2016	2017	
Stormwater Management Svstem	2016	2017	

PARCELB

FACILITY/IMPROVEMENT	Start
Construction Date	Complete Construction Date	
Water Distribution System	2016	2017	
Sanitazy Sewer System	2016	2017	
Roadwav Imnrovements	2016	2017	
Stormwater Management Svstem	2016	2017	

An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined by Section 120.52, F.S.

There will be no impact on small businesses because of the proposed expansion of the District. The Miami-Dade County has an estimated population in 2014 that is greater than 10,000; therefore, the County is not defined as a "small" County according to

Section 120.52, F.S, and there will accordingly be no impact on a small County because of the proposed expansion of the District.
Any additional useful information.

The analysis provided above is based on a straightforward application of economic theory, especially as it relates to tracking the incidence of regulatory costs and benefits. fnputs were received from the Petitioner's Engineer and other professionals associated with the Petitioner.	•

APPENDIXA

LIST OF REPORTING REQUIREMENTS

REPORT	FL. STATUE CITATION
Annual Financial Audit	11.45
Annual Financial Report	218.32
TRIM Compliance Report	200.068
Form 1: Statement of Financial
Interests	112.3145

DUE DATE

withln 45 days of audit completion, but no later than 12 months after end of fiscal year

withln 45 days of financial audit completion, but no later than 12 months after end of fiscal year; if no audit required, by 4/30

no later thao 30 days following the adoption of the property tax levy ordinaoce/resolution (iflevying property taxes)

within 30 days of accepting interest the

	appointment, then every year thereafter by 7/1 (by "local officers" appointed to special district's board); during the qualifying period, then every year thereafter by 7/1 (by "local officers" elected to special district's board)	
Public Facilities Report	189.415	within one year of special district's creation; then annual notice of any changes; and updated report every 5 years, 12 months prior to submission of local government's evaluation and appraisal report	
Public Meetings Schedule	189.417	quarterly, semiannually, or annually	
Bond Report	218.38	when issued	
Registered Agent	189.416	within 30 days after first meeting of goveruing board	
Proposed Budget	189.418	prior to end of current fiscal year	
Public Depositor Report	280.17	annually by 11/30	

EXHIBITF
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DORAL, FLORIDA

{00009868.DOC v.2}

/

RESOLUTION NO. 14-191

Res. No, 14-191
Page 1 of 2

A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF DORAL, FLORIDA SUPPORTING AN AMENDMENT OF THE BOUNDARIES OF THE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT TO INCREASE THE SIZE OF THE DISTRICT BY APPROXIMATELY 6.93 ADDITIONAL ACRES; PROVIDING FOR TRANSMITTAL; AND PROVIDING AN EFFECTIVE DATE

WHEREAS, the Grand Bay al Doral Community Development District (the "District") is an existing community development district established by Miami-Dade County Ordinance No, 06-153 and located in the Cl\y of Doral, Florida; and
WHEREAS, the District is in the process .of submitting to Miami-Dade County a Petition to Expand !he Boundaries of the Dlstrtct (the "District's Petition") as depicted In "Exhibit A", to annex two parcels of land (totaling 6.93 acres in size), which are located contiguous to properties already located within the District's boundaries being developed as Midtown Doral and Grand Bay South as desr;;ribed in "Exhibit B"; and

WHEREAS, the Dis!rlct provides funding for public infrastructure improvements, including but not limited to, w.il"er and wastewater systems, surface water management systems, and Internal roadway. . to serve new development within the District; and

WHEREAS, effectuating the District expansion will allow the District to likewise fund the pubfi'c infra tructure Improvements necessary to serve new development within the expansion area; and

WHER.EAS, the District is requesting that the Mayor and City Council adopt a resolution supporting the District's Petition; and

WHEREAS, the City Council, after careful review and deliberation, and the recommendat1on of staff, has determined that it is in the best interests of !lie citizens of the City of Doral to support the District's Petition.

Res, No, 14-1B1
Page 2 of 2
NOW THEREFORE, 13E IT RESOLVED 13Y THE Cl1Y COUNCIL OF THI:: CITY OF OORAL, FL.ORIDA, THAT:
§ectlon-1, R:ecltal$, The above recitals are true and correct and ihOorporated herein,
Sec!lo!] 2. Approval, The District petition is hereby approved.

Section 3, Transmittal, The PJ,mnlng and Zoning Department Is hereby authorized io transmit this Resolution to the District,

Section 4. Effective Date. This Resolution shall be-come effective upon lls passage and a·doptron by the City Counoil and is binding on all suooessors end assigns.

The foregoing Resolution was offered by Councllmember Cabrera who moved Its adoption, The motion was seconded by Councilmember Rodrlgusz and upon being put to a vote, the vote was as follows:

Mayor Luigi Soria
Vice Mayor Sandra Ruiz CaunoUm.in Pete Cabrera Councilwoman Christi Frngei Counollwoman Ana Marla Rodriguez

Yes
Not present at the time of the vote Yes
Yes(' Yes

?;t

'
 BARA HERR RA,C
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY FOR THE SOLE USE OFTHE	OF D RAL
 
WEI	LE,
BIERMAN & POPOK, PL CITY ATTORNEY

EXHIBIT A-1
LEGAL DESCIUPTION OF AREA TO BE ADDED TO DISTlUCT PARCEL A:
A portion of the Northwest ¼ of Section & Township 53 South, Range 40 East, Miami Dade County, Florida being more particularly described as follows:

COMlvlENCE at the Northwest Corner of said Section 8; thence SO] deg43min29secE, along the West Line of the N01thwest ¼ of said Section 8, for a distance of 1556.14 feet; thence N88deg16min3!secB for a distance of 50.00 feet to the POINT OF BEGINNlNG of the following described Parcel of Land; thence S0ldeg43min29secE for distance of 238,26 feet; thence N88degl6min3lsecE fo1· a distance of 266.00 feet; thence N0ldeg43min29secW for a distance of 220.42 feet to a point of curvature of a circular curve to the left, concave to the Southwest; thence Northerly, No1'thwesterly and Weste,riy along the arc of said curve, havlng for its elements a radius of 23.00 feet, through a central at1gle of 90deg00min00sec for an arc distance of 36.13 feet to a polnt of tangency; thence S88degl6min3lsecW for a distance of 225.00 feet to a point of curvature of a circular curve to the left, concave to the Southeast; thence Westerly and Southwesterly along the arc of said curve, having for its elements a radius of 34.00 feet, through a central angle of 3ldeg57min57sec for an arc distance of 18.97 feet to the POINT OF BEGJNNING.
Containing 1.48 Acres more or less, 'l'OGE'l'HER WITH:
PARCELB:

A portion of Section & Township 53 South, Range 40 East, Miami Dade County, Florida being more particularly described as follows:

COMMENCE at the Northwest Corner of said Section 8; thence S0ldeg43min29secE, along the West Lioe of said Section 8, for a distance of 2669,37 feet; thence N88degl6min31 seoE for a distance o( 570,00 feet to the POINT OF BEGINNING of the following described Parcel of Lwd; thence continue N88degl 6min31secE for a distwce of 279.00 feet; thence S0ldeg43min29secW for a distance of 661.72 feet; thence S88deg16min3lsecW for a distance of 65.00 feet; thence S01deg43min29secE for a distance of 45.94 feet; thence N89deg39min25secE for a distance of 65.02 feet; thence SOl deg43m\n29secE for a distance of 152.38 feet; thence S88degl 6minl 7secW for a distance of279.00 feet; thence N0ldeg43min29secW for a distance of861.63 feet to the POINT OF BEGINNING,
Containing 5,45 Acres more or less,

EXHIBIT A-2
LEGAL DESCRIPTION OF NEW DISTRICT BOUNDARIES

A portion of Section 8, Township 53 South, Range 40 East, Miami-Dade County, F'lorida, being more particularly described as follows:

COMMENCE at the Northwest Corner of said Section 8; thence N89deg39min28seoE, along the North Line of said Section 8, for a distance of 40,01 feet to the POINT OF BEGINNING of the hereinafter described Parcel of Land; thence contim1e N89deg39min28secE, along the last described line for a distance ,of 2616.18 feet; thence S0ldeg44min24secE for a distance of 3358.11 foot; thence S89deg39min2SsecW for a distance of 2617,08 feet; thence N0ldeg43min29seoW, along a line 40.00 feet East of and parallel with the West Line of said Section 8, for a distance of 3358,12 feet to the POINT OF BEGINNING.
LESS:

The East 400 feet of the West 970 feet of the North 240 feet, and the East 450 feet of the West 970 feet of the South 250 feet of the North 490 feet of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Flol'ida, as described in a Special Warranty Deed recorded in Official Records Book 18896, at Page 765 of the Public Records of Mlami"Dade County, Florida.
AND:

A portion of the South l/2 of Section 8, Township 53 South, Range 40 East, Miami-Dade Co,mty, Florida, being more particularly described as follows:

COMMENCE at the Southwest Corner of said Section 8; th,mce NOldeg43min29secW, along ti10 West Line of the Southwest 1/4 of said Section 8, for a distance of 730,21 foet; thence N89deg39min25secE for a distance of 40.01 to the POINT OF BBGiNNJNG of the hereinafter described Parcel of Land; ci10nce NOJ deg43min29secW, along a l!ll<l 40,0D feet East of and parallel with the said West Line of the Southwest 1/4 of said Section 8, for a distance of J190.41 feet; thence N89deg39m:in25secE, along a line paralfol with and 1920.06 feet North of the South Llne of the Southwest 1/4 of said Section 8, for a distance of 2617,08 feet; 11,ence S0ldeg44min24secE for a distance of 1190.42 feet; thence S89deg39min25seoW, along a line that is parallel wlth and 730,00

feet North of the South Line of the said Southwest 1/4 of said Section 8; for a distance of 2617,39 feet to the POINT OF BEGJNNING,
AND:
A portion of the Northeast 1/4 of Section 8, Township 53 South, Range 40 East, Miami­ Dade County, Florida, being more particularly described as follows:

BEGIN at the North.east Corner of said Section 8; thence S0ldeg44mln24secE, along the East Line of the said Northeast l/4 of said Section 8, for a distance of 1219,58 feet; thence S89deg39min25secW, along a line parallel with and 4057.91 feet North of the South Line of the Southeast 1/4 of said Section 8, for a distance of2608.82 feet to a point on a line that is parallel wlth and 2608,04 feet West of the East Line of the said Northeast 1/4 of said Section 8; thence N0ldeg44min24secW, along the last descdbed line for a distance of 1219.62 feet to a point on the North Line of the said Northeast 1/4 of said
. Section 8; 1henoe N89deg39min28secE, along the last described line for a distance of 2608.82 feet to the POINT OF BEGINNING.
Containing 341.39 Acres more or less:

'	'.	.

''

EXHIBIT B-1
LEGAL DESCRIPTION OF AREA TO BE ADDED TO DISTRICT PARCEL A:
A portion of the Northwest ¼ of Seotion & Township 53 South, Range 40 East, Miami Dade County, Florida being more particularly described as follows:
COMMENCE at the Northwest Corner of said Section 8; thence SOldeg43mln29secE, along the West Line of the Northwest¼ of said Section 8, for a distance of 1556.14 feet; thence N88deg16min31secE for a distance of50.00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence S0Jdeg43min29secE for distance of
238.26 feet; thence NB8degl 6min31secE for a distance of 266,00 feet; thence N01deg43min29secW for a distance of 220.42 feet to a point of CUL'Vature of a circular curve to the left, concave to the Southwest; tl1ence Northerly, Northwesterly and Westerly alo11g the arc of said curvi:>, having for its elements a radius of 23.00 feet, through a central angle of 90deg001ninOOsec for an arc distance of 36.13 feet to a point of
tangenc),; thence S88degl6min31seoW for a distance of 225.00 feet to a point of curvatul'e of a circular curve to the left, concave to the Southeast; thence Westetly and Southwesterly along the arc of said cutve, having for its elements a radius of 34.00 feet, through a central anglo of 31deg57min57sec fo1• an arc distance of 18.97 feet to the POINT OF BEGJNNJNG.
Containing 1.48 Acres more or less.
TOGETHER WITH:
:PARCELB:
A portion of Section & Township 53 South, Range 40 East, Miami Dade County, Florida being more particularly described as follows:
COMlVIBNCE at tlw Northwest Comer of said Section 8; thence SOldeg43min29secE, along the West Line of said Sect.ion 8, for a distance of 2669.37 feet; thence N88degl6min3lsccE for a distance of 570.00 feet to the POINT OF BEGINNING of the following described :Parcel of Land; thence continue N88degl 6min3 lsecE for a distance of 279.00 feet; thence SOldeg43min29secW for a distance of 661.72 foet, thence S88deg16min31seoW for a distance of 65,00 feet; thence SOldeg43min29secE for a distance of 45.94 feet; thence N89deg39min25seoE for a distance of 65,02 feet; thence SOJdeg43min29secE for a distance of 152.38 feet; thence S88degl6minl7seoW for a distance of279.00 feet; thence NOldeg43min29secW foi· a distance of 861.63 feet to the POlNT OF BEGINNING.	•

Containing 5.45 Aores mo!'e or less.

4-f

EXHIBIT B-2
LEGAL DESCRIPTION OF NEW DISTRICT BOUNDARIES

A portion of Section 8, Township 53 South, Range 40 East, Miami~Dade County, Florida, being more particularly described as follows:

COMMENCE at the Northwest Corner of said Section 8; thence N89deg39min28secE, along the North Line of said Section 8, for a dlstance of 40.01 feet to the POINT OF BEGINNING of the herel.nafter described Parcel of Land; thence continue N89deg39min28secE, along the last described line for a distance of 2616,18 feet; thence S0ldeg44min24secE for a distance of 3358.11 feet; thence S89deg39min25seoW for a distance of 2617.08 feet; thence N0ldeg43min29secW, along a line 40.00 foet East of and parallel with the West Line of said Section 8, for a distance of 3358.12 feet to the POINT OF BEGINNING.
LESS:

The East 400 feet oftbe West 970 feet of the North 240 feet, and the Bast 450 feet of the
West 970 feet of the South 250 feet of tho Notth 490 feet of Semlon 8, Township 53 South, Range 40 Bast, .Miami"Dade County, Florida, as described in a Special Warranty Deed recorded in Official Records .Book I 8896, at Page 765 of the l'ublic Records of Miami-Dade County, Florida,
AND:

A portion of the South 1/2 of Section 8, Township 53 South, Range 40 East, Mian1i-Dade County, Florida, being more particularly described as follows:
COMMENCE at the Southwest Corner of swcl Sectlo□ 8; thence N0ldeg43min29secW, along the West Line of the Southwest 1/4·of said Section 8, for a distance of 730,21 feet; thence N89deg39min25secE for a distance of 40,01 to the POINT OF BEGINNING of the hereinafter described Parcel of Land; thence N0ldeg43min29seoW, along a line
40.00 feet East of and parallel with the said West Line of the Southwest 1/4 of said Section 8, for a distllllce of 1190.41 feet; tlience N89deg39min25secE, along a line parallvl with and 1920.06 feet North of the South Line of the Southwest 1/4 of said Section 8, for a distance of 2617,08 feet; thence SOI deg44min24secE for a distance of 1190.42 feet; thence S89deg39min25secW, aJ011g a. line that is parallel with and 730,00 feet Nortl1 of the South Line of the said Southwest 1/4 of said Section 8; for a distance of 2617.39 feet to the POINT OF BEGINNING.
AND:

A portion of the Nortl1east l/4 of Section 8, Township 53 South, Range 40 East, Miami­ Dade County, Florida, being more particularly described as follows:
BEGIN at the Nortl1east Comer of said Section 8; thence SOJ deg44min24secE, along the East Line of the said N01theast 1/4 of said Section 8, fol' a distance of 1219.58 foet; thence S89deg39min25secW, along a line parallel with and 4057.91 feet Notth of the South Line oftbe Soutl1east 1/4 of said Section 8, for a distance of 2608.82 feet to 11 point on a line that is parallel with and 2608.04 feet West of the East Line of the said Northeast 1/4 of said Section 8; thenoe NOldeg44mln24secW, along the last described llne for a distance of 1219.62 feet to a point on the North Line of the said Northeast 1/4 of said Section 8; the11ce N89deg39min28secE, alo11g the last described line for a distance of 2608.82 feet to the POINT OF BEGlNNING,
Containing 341.39 Acres more or Jess,

EXHIBIT B.3

•

EXHIBIT A-2
LEGAL DESCRIPTION OF NEW DISTRICT BOUNDARIES

A por!lon of Ssctlon 8, Township 53 South, Ronge 40 East, Mloml-Dads County, Florida, being more portlcularly doscrlbod as follows:
,		COMMENCE al the Northwest Corner of sold Section B: thence N89dsg39min2BsecE, , along the North Line of sold Section B, for o ,;llstonco of 40.01 feet to the POINT OF BEGINNING	of	the	hereinafter	described .Parcel	of	Lond;	thenos	continue N89deg39mln28secE, along \he 'last described line for o distance of 2616,1B foet: thence SOfdog44mln24secE for a distance of 3358,11 foet; thence S89deg39mln25secW for o distance of 2617,08 feet: \henoe N01deg43min29oecW, along o. llhO 40,00 feet East of and parallel with the West Line of sold Section B, for o distance of 3358,12 feel to the POINT OF BEGINNING,
LESS:
The East 400 foot of the West 970 feet of the North 240 feet, ond the Eoot 450 !set of the West 970 feet of the South 250 feet of the North 490 feet of Section 8, Township 53 South, Range 40 Eaot, Miami-Dade County, Florido, as described In o Special Warranty Deed recorded In Offlolal Records Book 18B96, at Page 765 of \he Public Records of Miami-Dode County, Florido,
ANDI
A portion of the South I /2 of Section B, 'fownshlp 53 Sou.th, Rongo 40 East, Mlornl--Dodo County, Florida, being rnore portloulorly described os followa:
COMMENCt ot the Southws,t Comer of sold Section B: thence N01deg43min29secW,
' along the West Line of the Southwest 1/4 of said Section 8, for a distance of 730.21 '
, fee\J \henoo N89deg39tnln25secl': for a dio\once of 40,01 to the POINT OF BEGINNING
·:, of the hereinafter described Poree! of Land; thence N01dog43mln29secW, along a line
40.00 feet cast of and parallel with the sold West Line of the Sout.hwss\ 1/4 of sold Sec\lon 8, for o dls\once of 1190.41 feet: lhe11ce N89deg39mln25sece, along a line porollel wllh a11d 1920.06 feet North of the South Line of the Southwest 1/4 of sold Section 8, for a distance of 2,17,0B feet: thence SD1deg44rnln24secE for o distance
of 1190,42 feet; thence S89deg39m'ln25secW, along a line that Is parollsl with and
730.00 feet North of the South Line of the sold Southwest 1/4 of sold Section B: for o dlotance of 2617.39 feet to the POINl OF BEGINNING,

A portion of the Northeast 1/4 of Section 8, Township 53 South, Range 40 East, Miami-Dode County, Florido, being more particularly described as follows:
BEGIN at the Northeaet Corner of sold Section B; thence S01deg44min24eeoE, along
!he East Line of tho said Northeast 1/4 of said Section 8, for o distance of 12W,58 tee\; thence S89deg39nnln25secW, along a line parallel with and 4057,91 feel North of• the South Line of the Southeast 1/4 of sold Section 8, for o dlstonoe of 2608,82 feet to o point on a line that Is parallel with ond 2608.04 fee\ Weet of \he East Line of tho sold Northeast 1/4 of eold Section 8; thenco N01deg44mln24secW, along the lost
described line for o distance of 12W,62 feel to a point on \he North Line of the said ' Northeast 1/4 of sold Section B; thence N89deg 9mln28secE, along the Jost described line for a distance of 2608,82 fee\ to the POINT OF SF-GINNING.
Containing 341.J9 Acres tnore or leas,

CDD EXPANDED BOUNDARY	
	1\1'1:Cflllo.wl SKETCH AND LEGAL DESCRIPTION	
	'"""'"	EGAL DESCRIPTION TO ACCOMPANY SKETCH	
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RESOLUTION NO, 2016-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GRAND BA\' AT DORAL COMMUNITY DEVELOPMENT DISTRICT AUTHORIZlNG, RATIBYING, AND CONFIRMING DISTRICT COUNSEL FILING A PETITION WITH MIAMI-DADE COUNTY, FLORIDA, TO EXPAND l'BE BOUNDARIES OF THE DISTRICT PURSUANT TO SECTION 190,046, FLORIDA STATUTES; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Grand Bay at Doral Community DevelopmentDisttict (the "Disttict'') is a unit of special purpose local government established by Ordinance No, 06'-153 of Miami-Dade County, Florida (the "County"), adopted on October 24, 2006, as amended by Ordinance No. 08·12 of the County &dopted on Februa!'y 5, 2008, pursuant to Chapter 190, Florida Statutes; and

WHEREAS, fue District currently encompasses a total of approximately 334.48+/. acres located entil'ely within the boundaries of the City of Dom], Florida, in Miatni-Dade County; and
WHEREAS, fue District's Board of Supervisors (the"Board") determined that it is in the best interests of the District to expand the boundaries of the Disttict to add approximately 6,93+/. acres described in Exhibit"A" attached hereto (the "Expansion Parcels"); and

WHEREAS, subsequent to the expansion of the Disttict's boundaries the Disttiot will encompass 341.41 +/- acres (the "AmendedD!strlct");

WHEREAS, the Amended District will continue to exercise its powers and functions subject to, not inconsistent with and in compliance with all comprehensive plmmlng, land development regulations, Jaws and po!!cies of the County and any applicable licenses, permits md develop1pe11t orders pursuant to Section 190,004 (3) mid (4), Florida Statues; and

W:£f€MAS, the area within the boundaries of the Amended District will continue to be amendable to separate special district governmeot; and

WHEREAS, the community development services and facilities of the Amended Distdct will contim1e to be compatible with the oapaoity and use of existing local and regional community development services and facilities; and

WHEREAS, land uses and services planned within the Amended District will continue to not beinconsistent with applicable elements and portions of the applicable compreheosive pl!ffiB; '1-lld
WIIERF,AS, the area within the boundaries of the Amendecl District is part of a planned community of s11fficient size and is suffidently compact mid contiguous to be developed as one functional and interrelated community;
{00010460,DOCv.lJ

WHEREAS, the District hereby authorizes, ratifies, and confirms the submission to Miami­ Dade Cowty APetition to Expand the Boundaries of the District (the "District's Petition") ta annex two parcels of land (totaling 6.93 acres in size, which are located contiguous to properties already located within the District's boundaries being developed as Midtown Doral and Grand Bay South; and

NOW, Tl:l'.EREFORE,BE IT RESOLVED BYTHE BOARD OFSUPERVISORS OF TIIE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT, THAT:
SECTION 1. The foregoing recitals olaooes are tlue and correct and are hereby incorporated into this Resolution by reference.
SECTION 2. The District hereby authoriws, ratifies, and confmns District Coun,9eJ file with Miami-Dade County, the petition to expand the boundaries of the District to include Expansion
. Parcels in accordance wi1h Section 190.046, Florida Statutes.

SECTION 3. The proper Disti'ict offioials are hereby·authorized and directed to take all steps necessary to effectuate the intent ofthls Resolution.
SECTION 4. AJJ Resolutions or parts of Resolutions :in conflict herewith axe hereby repealed to tlm extent of suoh conflict.
SECTION 5. If anyclause, section orotber part or application of this Resolution is held by court of competent jurisdiction to be wconstitntional or invalid, in part or as applied, it shall not affect the validity of the remaining portions or applications of1his Resolution.
SECTION 6. This Resolution shalJ take effect upon adoption.

TIIIS RESOLU'ITON WAS PASSED AND ADOPTED TIIlS	DAY OF FEBRUARY, 2016.

AT'.ffiST:		GRAND BAY AT DORAL COMMUNITY DEVELOPMENT D	'.RlCT

{00D10460,DDC v.1)

Exhibit "A" Description of Exp11nsion Parcels
LEGAL DESCRIPTION OF AREA TO BE ADDED TO DISTRICT PARCELA:
Aportion of the Northwest 1/4 of Section 8, Township 53 South, Range 40 East, Miami-Dade Comity, Florida, being more particularly desoribed as follows:
COMMENCE at the Northwest Comer of said Section 8; thence SOldeg43min29secE, along the West Line ofthe Northwest 1/4 of said Section 8, fo1• a cUstance of 1556,14 foet; thence N88degl 6min3becB for a distance of 50.00 feet to the POlNT OF BBGJNNlNG of the following described Pwcel of Land; thence SOldeg43mitJ29sooE for a distance of238.26 feet; thence N88degl6min3lsecE for a distance of 266.00 feet; 1hence N01deg43:min29secW for a distance of 220.42 feet to a point of cm:vature of a circular curve to the left, concave to the
Southwest; thence Northerly, Northwesterly and Westerly along the arc of said om:ve, having for
its elements a radius of23.00 feet, through a central angk of90deg00!n!n00sec for an arc distaoce of 36.13 feet to a poiot of tangency; thence S88deg16n:un3 lsecW for a distance of 225,00 feet to a point of curvature of a circular curve to the left, concave to the Southeast; thence Westerly and Southwesterly along the arc of said curve, having for its elements a radius of 34.00 feet, tbrough a central angle of 3ldeg57min57soo for an arc distllllCe of 18.97 feet to the POINT OF BEGINNlNG.
Containing 1.48 Acres more or less.
TOGETHER WITH:

PARCELBt

A portion of Section 8, Towoship 53 South, Range 40 East, Mlt<mi-Dade Couoty, Florida, being more particularly described as follows:
COMMENCE at the Northwest Comer of said Section 8; thence S01deg43niltJ29seoB, along the West Line of said Section 8, for a distance of2,669.37 feet; thence N88degl6n:un3lsecE for a distance of 570.00 feet to tho PO.INT OF BBGlNNlNG of the following described Parcel of Land; thence continue N88deg16nrin3lseoBfor a distance of279,00 feet; thence SOldeg43min29secE fol' a distance of 661.72 feet; thence S88deg16min31seoW for a distance of 65,00 feet; thence SOldeg43iumZ9secE for a distance of 45.94 fuet; thence N89deg39min25sooE for a distance of 65.02 feet; thence S01deg43min29secE for a distance of 152.38 feet; thence S88deg16minl 7secW for a distance of279,00 foot; thence NOldeg43min29sccW for a distance of 861.63 feet to the POINT OF BEGINNING.

Contain'lng 5.45 Acres more or less
(00010460,DOCv.l)

"EXHIBIT 2 to the Ordinance"

District Boundaries and Geographical Location Sketch

DISTRICT BOUNDARIES

NW	90	ST

PRIVATE ROADS

THEO.	NW	86	ST

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PRIVATE ROADS

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THEO.	NW	76	TER

(COMM.0012) SECTION: 8-5:\-40

GRAND BAY AT DORAL
COMMUNITY DEVELOPMENT DISTRICT (EXPANDED)
EXHIBIT "B" TO THE ORDINANCE
(Revised 3/2/2016)

"EXHIBIT 3 to the Ordinance" Declaration of Restrictive Covenants

This instrument was prepared by:	

(Space Reserved for Cleric)	

DECLARATION OF RESTRICTIVE COVENANTS
WHEREAS, the tmdersigned Owner liolds the fee simple title to the land described in the attached Exhibit A (the "Properj;y"), which is a portion of the real property described in the original Declaration located in Miami-Dade County, Florida (the "County"); and
WHEREAS, a Declaration of Restrictive Covenants was previously provided to the Board of County Commissioners (the "Board") in support of a Petition (the "Petition") for creation of the Grand Bay at Doral Community Development District (the "District'') dated July 25, 2006, and recorded at O.R. Book 25146, Page l108, of the Public Records of Miami-Dade County, Flmida (the "Original Declaration"); and an additional Dr,elaration of Restrictive Covenants dated October 3, 2012, and recorded at O.R. Book 28374, Page 4292, of the Public Records of Miami-Dade County, Florida (the ''2012 Declaration''), relating to certain real property located within the boundaries of the District; and the Properly was omitted from the Original Declaration and ihe 2012 Declaration, rind the Owner desires to provide certain covenants to the County Board of County Commissioners (the "Bom·d") in support of a Petition to Expand the Boundaties of the District to include the Prope1iy (the "Petition") filed
-	and approved pursum1t to Ordinance No, 	enacted by the

Board on 	 (the "Ordinance"), in aooordance with the requirements of Chapter 190, Florida Statutes,-and Section 1,0l(A)(21) of the County Home Rule Charter; and
WHEREAS, among those covenants are provisions for the timely, accurate, and
enforceable disclosure, to all prospective initial purchasers who have entered or will enter into
contracts for :improved residential units within the Property (each a "Prospective Initial Purchaser"), of the obligation to pay to the District: (l) the pro-rata share for each Dwelling Unit (defined below) of the cost of the acquisition, construction, reccru,truction, and equipping of certain public infrastru.cture which benefit the Property either as a one time assessment at the time of closing or as an annual assessment based on the debt service on bonds to be issued by the District to finance such capital costs until such bonds are retired (collectively, "Capital
Assessments"), and (2) the costs associated with (i) operations of the District including
'
administration ("Operations Assessments") and (ii) maintenance of public infrastl'Ucture by the District ("Infrastructure Maintenance Assessments"; Operations and Infrastructure Maintenance
Assessments are hereinafter collectively referred to as "Adn:unistrative Assessments'); and
WHEREAS, other covenants ma<k by Owner include provisiollJl for the long-term maintenance of infrastructure sctving the Property including, but not limited to, roadways, drainage, and landscaping; and
WHEREAS, this Declaration of Restrictive Covenants and the covMants herein created apply solely to the Prospective Initlal Purchasers of improved residential units within the Property; and
WHEREAS, such covenants of Owner are made in order to assure· the Board that the representations made by Owner in support of the Petition will be abided by, •

NOW, THEREFORE, Owner freely, voluntarily, and without duress, ·and on behalf of itll heirs, successo1·s, and assigns, makes the following Declaration of Restrictive Covemmts. covering and mnning with the Property (this "Declaration' :
l.	•	COVENANTS,
Public Records Notice of Existence of District. This Declaration shall serve as notice in the public records of the County that unless the District ls terminated in accordance wi1h the -requirements of Chapter 190, Florida Statutes, and such termination is reflected in fue public records of the County, the Property and all lands, parc(lls, lots, and units located within the District's boundaries are subject to the Capital Allsessments and Administrative Allsessments levied and iniposed by the District, subject only to the exceptions or exemptions from such f!llsessments exp1·essly provided by Florida law,
1,2  CDD and Purchase Contract Notices.

1.2.1 Owner shall be required to provide to each f>rospeotlve Initial Purchaser of an improved individual residential lot or unit within the Property (individually, a "Dwelling Unit' written notice of 1he estimated annual Capital Assessments and Administrative
Assoosments (the "CDD Notice' to be imposed on such individual Dwelling substantially in tbe form attached hereto as Exhibit B prior to, or contemporaneously with, tbe execution of a purchase and sale contract (''Purchase Contract") for such Dwelling Unit. For the_ purposes of this DeG]aration, the term ''Owner" illeEJnS each seller of Dwelling Units within the Property. Notwithstanding the foregoing, if a Prospective Initial Purchaser executed a f>urchase Contract
before 1he date that this Deolru:ation was recorded in tbe Public Records of 1vliami-Dade Coullty, Florida (1he "R<;iootding Date"), but was not given a co11tempotaneoi1s CDD Notice, Owner may still give the CDD Notic" to such Prospective Initial Purchaser; provided, however, such CDD

notice must be given together with the following written notice and must be sent to such Prospective Purchaser by certified mail, professional ovemight delivery or hand delivery, with
.return receipt, uot later than the fust business day following the recording of this Declaration:
THE·DWRI,LlNG UNIT YOU ARE PURCHASING IS SUBJECT TO A COJ\!IMUN!TY DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RESTRICTIVE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. THIS NOTICE AND THE ATTACHBD CDD NOTICE ARE BEING GIVEN TO YOU PURSUANT TO SUCH DECLARATION. PLEASE NOTE THAT THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO TIIlll DWELLING UNIT OVER A PERIOD OF UP TO THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTlMATED AGClREGATE AMOUNT OF $33,420 FOR A ONE BEDROOM CONDOMINIUM UNIT- TYPE I*, $37,140 FOR A TWO BEDROOM CONDOMINIUM UNlT - TYPE 1, $42,720 FDR A THREE BEDROOM CONDOMINI\JM UNIT-TYPE 1, $37,140 FOR A ONE BEDROOM CONDOMINIUM UNIT - TYPE 2*, $47-,720 FOR A TWO BEDROOM CONDOMINIUM UNIT-TYPE 2, AND $46,440 FORA THREE BEDROOM CONDOMINIUM UNIT - TYPE 2, THE DWELLING UNITS SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF
$15,234FORAONEBEDROOM CONDOMJNIDMUNIT-TYPE 1, $16,926 FORA TWO BEDROOM CONDOMINIUM UNIT-TYPE 1, $19,465FORA TIIllEE BEDROOM CONDO]\,ffi,jJl)M UNIT-TYPE 1, $16,926 FORA ONE BEDROOM CONDOMINIUM UNIT - TYPE 2, $19,465 FOR A TWO BEDROOM CONDDMlNIUM UNIT-TYPE 2, AND $2.1,160 FORA THREE BEDROOM CONDOMINIUM UNIT - TYPE 2, IF PAID IN FULL AT CLOSING, OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF
$1,114 FOR A ONE BEDR,OOM CONDOMINIUM UNIT - TYPE 1, $1,238 FOR A TWO .BEDROOM CONDOMlNilJM UNlT - TYPE 1, $1,424 FOR A THREE BEDROOM CONDOMINIUM UNIT - TYPE.!, $1,238 FOR A ONE BEDROOM CDNDOMINlUM UNIT - TYPE 2, $1,424 FOR A TWO BEDROOM CONDOMINIUM UNIT -TYPE 2, AND $1,54& FOR A THREE BEDROOM CONDOMINIUM UNIT-TYPE 2, FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON TI'IE BONDS UNTIL SUCH BONDS ARE
PAID lN FULL. WHETHER THE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT um
OPTION OF THE PURCHASER TO BE EXERCISED AT THE TIME OF CLOSING. 'HIE ATTACHED NOTICE FULLY DESCRIBES YOUR OBLIGATIONS, YOU MAY ELECT TO RESCIND THE PURCHASE CONTRACT FOR A PERIOD OF THlR'lY (30) DAYS FOLLOWJNG RECEIPT OF THIS NOTICE. UPON SUCH ELECTION, OWNER SHALL RETURN ALL MONIES PAID EY YOU AS THE PROSPECTIVE INJTIAL PURCHASER REGARDING WE PURCHASE OF THE REAL PROPERTY IDENTIFIED IN THE PURCHASE CON'l.'RACT WITHIN TEN (l 0) CALENDAR DAYS AFTER RECEIVING YOUR WRITTEN NOTICE THA'T YOU HAVE ELECTED TO RESCIND THE PURCHASE CONTRACT, AND ALL OTHER PROVISIONS OF THE DECLARATION OF REST!UCTIVE COVENANTS NOT INCONSISTENT WITH THE REMEDIES SET FORTH HEREIN SHALL GOVERN, NO OTHER REMEDIES ARE AVAU.,ABLE TO PURCHASER WHETHER OR NOT YOU ELECT TO RESCJND EXCEPT JN TIIB EVENT OF AN OWNER DEFAULT WITH RESPECT TO THE CDb

NOTICE .AND	THEN	ONLY	IN	ACCORDANCE	WITH	THE DECLARATION.
Type 1 Condominium Units are Condominiums I, 4, S, 8, 9, and 12. Type 2
Condominium Units are Condominiums 2, 3, 6, 7, 10, and 11. PURCHASER'S INITIALS:
Owner shall promptly refund any amounts due under the foregoing notice if a Prospective Initial
Purchaser properly rescindB a Purchase Contract during fue time provided. No other 1·emedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who terminates a Purchase Contract pursuant to the foregoh;g notice.
,2  Owner shall i!lso provide substantially the following disclosure
("Purchase Contract Notice") 011 the first page of each Purchase Contract executed after the Recording Date for a Dwelling Unit within the Property, immediati;,ly after disclosm-e of the purchase price for the Dwelling Unit:
THIS DWELLING UNIT IS WITHIN A COMMUNITY DEVELOPMENT DISTRICT ("DISTRICT"), TBE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS Af>l'LICABLE TO THIS DWELLING UNIT OVER A PERIOD OF UP TO THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN TIIB ESTJMATED AGGREGATE AMOUNT OF $33,420 FOR A ONE BEDROOM CONDOMJNIUM UNIT - TYPE l*, $37,140 FOR A TWO BEDROOM CONDOMINIUM UNIT - TYPE 1, $42,720 FOR A THREE BEDROOM CONDOMlNIUM UNIT - TYPE l, $37,140 FOR A ONE BEDROOM CONDOMINilJM UNIT - TYPE 2•, $42,720 FOR A· TWO BEDROOM CONDOMINIUM UNIT -TYPE 2, AND $46,440 FOR A TI{REE BEDROOM
CONDOMINIUM UNIT - TYPE 2, THE DWELLING UNITS SHALL BE
ASSESSED AN ES1Th!ATED CAPrI'AL ASSESSMENT OF $15,234 FOR A ONE BEDROOM CONDOMINIUM UNIT- TYPE 1, $16,926 FOR A TWO BEDROOM CONDOMJNlUM UNIT - TYPE I, $19,465 FOR A THREE BEDROOM CONDOMINIUM UNIT - TYPE l, $16,926 FOR A ONE BEDROOM CONDOMINIUM UNIT - TYPE 2, $19,465 FOR A TWO BEDROOMCONDOMINIUMUNIT-TYPE2,AND $21,160 FORA THREE BEDROOM CONDOMJNllJM UNIT - TYPE 2, IF PAID IN FULL AT CLOSING, OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF
$1,114 FOR A ONE BEDROOM CONDOMlNIUM UNIT -TYPE l, $1,238 FOR A TWO BEDROOM CONDOMINIUM UNIT- TYPE l, $1,424 FOR A TI-IREB BEDROOM CONDOMINIUM UNIT-TYPE 1, $1,238 FOR A ONE BEDROOM CONDOMINIUM UNIT - TYPE 2, $1,424 FOR A TWO BEDROOM CONDOMJNIUM UNIT-TYPE 2, AND $1,548 FOR A THREE BEDROOM CONDOMINIUM UNIT··· TYPE 2, FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE

PAID IN FULL. WHETHER THE CAPITAL ASSESSMENT JS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BE EXERCISED AT THE TIME OF CLOSING. THESE AMOUNTS ARE DUE OVER THE TERM OF THE BONDS lN ADDITION TO THE PURCHASE PRICE. !NlTIAL PURCHASER ALSO UNDERSTANDS THAT IF THE ACTUAL ANNUAL CAPITAL ASSESSMENTS ON THE DWBWNG UNIT ARE MORE THAN FIVE PERCENT (5%) HIGHER THAN THE ESTIMATED AMOUNT PROVIDED HEREIN, INITIAL PURCHASER SHALL HAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING, INITIAL PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT THE ESTIMATED AMOUNT OF CAPITAL ASSESSMENTS DOES NOT INCLUDE ADMrNISTRATNE ASSESSMENTS WHICH SHALL BE LEVIED BY THE DISTRICT FOR OPERATIONS AND INFRASTRUCTVRE MAINTENANCE AND MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME, IN THE EVENT OF ANY CONFLICT BETWEEN THE DISCLOSURES IN THIS PROVISION. AND TBE ATTACHED CDD NOTICE, THE CDD NOTICE SHALL CONTROL.
Type 1 Condominium Units are Condominiums 1, 4, 5, &, 9, and 12. Type 2
Condomlnimn Units are Condominiums 2, 3, 6, 7, 10, and IL
PURCHASER'S. INITIALS:

Owner shall cause each Prospective Initial Purchaser to initial the Purchaser Contract Notice where indicated.
Relief to Prospective Initial Purchaser for Owner Default.

Owner shall provide relief, in the manner provided by this Section
to any Prospective Initial Purchaser who has not yet closed on a Dwelling Unit if any one of the followmg events shall occur (an "Owner Default"):
1.3.1.l.Owner fails to provide a timely COD Notice or Purchase Contract Notice as required; and/or
1.3.1.2.0wner provides a timely .CDD Notice; however, such COD Notice IJ!lderestirnates the aggregate or monthly actual Administrative Assessments for the Dimriot's first three fiscal years by more than five percent (5%); and/or
,3.0wner provides a timely CDD Notice and/or Purchase Contract Notice; however, such CDD Notice and/or Purchase Contract Notice underestirnates the

actual Capital Asses=ent, if paid in full at closing, by more than.five percent (5%) and/or monthly actual annual Capital Assessments by more than five percent (5%).
l.3.2	In the event of any Owner Default that is not cured by a timely Late Notice (as hei·einafter defmed), a Prospective Initial Purchaser may, in writing (a
''Termination Notice"), elect to rescind the Purchase Contract at any time prior to closing. Upon such election, Owner shall ret\Jl'n all monies paid by the Prospective Initial Purchaser regarding the purchase o:f the real property identified in the Pm·chase Contract within ten (10) calendar days after receiving written notice from the Prospective Initial Purchaser that S1.1ch Prospective
Initial P\Jl'chaser has elected to rescind the P\Jl'chase Contract, No other remedies provided in
\
Section 1.4 shall be available to a Prospective Initial Purchaser who .terminates a Purchase Contract ptirsuant to this provision.
1.3,3 Prior to the receipt of a Tennination Notice from a Prospective Initial Pllrchaser affected hy an Owner Default, ·owner shall have an opportunity to cure any
Owner Default by pl'Oviding a written notice (a "Late Notice") to such affected Prospective Initial Purohasr.r (i) prior to closing and (ii) within the later of ninety (90) days fron1 (x) the date of execution of the Purchase Contract or (y) the Recording Dale (the "Cure Period"). An Owner Default cannot be cuted as to an affected Prnspective Initial Purchaser after the expiration of the applicable Cure Period or applicable Extended Cure Period. If Owne1· provides (i) a Late Notice to a Prospective Initial Purchaser during the applicable Curn Period or (ii) an Extended Late Notice during applicuble Extended Cme Perioci, then such Prospei;tive Initial Purchaser may still elect to rescind the Purchase Contract at anytime fot· a period of thirty (30) days following receipt of Late Notice or Extended Late Notice. Upon such election, Owner shall return all monies paid by the Prospective Initial Purchaser regarding the purchase of the real property

identified in the Puxchase Contract within ten (10) calendar days after receivi11g written notice from the Prospective Initial Purchaser that sucl\ Prospective Initial Purchaser has elected to rescind 1he Purchase Contract. No other remedies provided in Section 1.4 shall be available to a l?rospective Initial Purchaser who receives an accurate Late Notice or Extended Late Notice during the Cure Period or Extended Cure Period, as applicable, regardless of whether the Prospective Initial Purchaser elects to rescind the Purchase Contract.
1,3.4 Every Late Nptice or Extended Late Notice sent by Owner to a Prospective Initial Purchaser must include the following in bold type in a font at least as large as the largest font in such Late Notice or Extended Late Notice (wfth correct type of notice indicated):
THE DWELLING UNIT YOU ARE PURCHASING IS SUBJECT TO A COMMUNITY DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RESTRICTIVE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. THIS IS A [LATE NOTICE or EXTENDED LATE NOTICE} UNDER SUCH DECLARATION, IF OWNER PROVIDES YOU WITH THIS {LATE NOTICE or EX'l'ENDED LATE NOTICE] DURING THE APPIJCABLE CURE PERIOD, THEN YOU AS A PROSPECTIVE INITIAL PURCHASER MAY S11LL ELECT TO RESCJND THE PURCHASE CONTRACT FOR A PERIOD OF Til!RTY (30) DAYS FOLLOWING RECEIPT OF TfUS [LATE NOTICE or Ex:I'ENDED LATE NOTICE], UPON SUCH ELECTION, OWNER SHALL RETIJRN ALL MONIBS PAID BY YOU AS THE PROSPECTNE INITIAL PURCHASER REGARDING TI-IE PURCHASE OF TI-IE REAL PROPERTY IDENTIFIED IN THE PURCHASE CONTRACT WITHIN TEN (10) CALENDAR DAYS AFTBR RECEIVING YOUR WRITTEN NOTICE YOU HAVE ELECTED TO RESCJND TIIB PURCHASE CONTRACT, AND ALL OTHER PROVISIONS OF Tiffi DECLARATION OF RESTRICTIVE COVENANTS NOT INCONSISTENT WITH THE REMEDJES SET FORTH HEREIN SHALL GOVERN. NO OTllER REMEDIES PROVIDED IN SECTION 1.4 OF TIIE DECLARATION SHALL BE AVAILARLE TO YOU AS A PROSPECTIVE lNfTIAL PURCHASER IF YOU RECEIVE TillS {LATE NOTICE or EXTENDED LATE NOTICE] DURING THE APPLICABLE CURE PERIOD, REGARDLESS OF WHETHER YOU AS A PROSPECTNE INITIAL PURCHASER ELECT TO RESCIND THE PURCHASE CONTRACT.

l.3.5	If the Owner Default involves the failure to provide a Purchase ContracfNotice or _Owner provided ,a Purchase Contract Notice in substantially the cmwct form

{000]0381!.DOOv.2)
11

and location; howeve:t·, such Purchase Contract Notice underestimated the aotual Capital Assessment, if paid )n full at closing, by more than five percent (5%) and/or the annual Capital Assessments by more than five percent (5%), then the Late Notice or Extended Late Notice shall also contain the following:
YOUR PURCHASE CONTRACT PROVIDES THAT THE PURCHASE PRICE FOR YOUR DWELLING llNl:r IS AB FOLLOWS: [JNSEKI' PURCHASE PRICE INFORMATION]. Til:IS DWELLING UNIT IS OR WILL BE WITHIN A COMMUNITY DEVELOPMENT DJSTR1CT ("DISTRICT"). THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND. INTEREST PAYMENTS APPLICABLE TO TIDS DWELLING UNIT OVER A PERIOD OF UP TO TmRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN TIIB ESTIMATED AGGREGATE AMOUNT OF.$33,420
FOR A ONE BEDROOM CONDOMINIUM UNIT -TYPE 1*, $37,140 FOR
A TWO BEDROOM CONDOMINIUM UNlT - TYPE l, $42,720 FOR.. A THREE BEDROOM CONDOMlNIUM UNIT- TI'I'E 1, $37,140 FORA ONE BEDROOM CONDOMlNIUM UNIT - TYPE 2•, $42,720 FOR A TWO BEDROOM CONDOMINIVMUNIT-TYPE 2, AND $46,440 FOR A THREE BEDROOM CONDOMINIUM UNIT - TYPE 2, THE DWELLING UNITS SHALL BE ASSESSED AN ESTIMATED. CAPITAL ASSESSMENT OF
$15,234 FORA ONE BEDROOM CONDOMINIUM DNIT-TYPE 1, $16,926 FOR A TWO BEDROOM CONDOMlNIUM UNIT-TYPE I, $19,465 FOR A
THREE BEDROOM CONDOMlNIUM UNIT-TYPE 1, $16,926 FORA ONE
BEDROOM CONDOMINIUM UNIT - TY'PE 2, $19,465 FOR A TWO BEDROOM CONDOMINIUM UNIT-TYPE 2, AND ,$21,160 FORA THREE BEDROOM·CONDOMINIUM UNIT - TYPE 2, IF PAID IN FULL AT CLOSING, OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF
$1,114 FOR A ONE BEDROOM CONDOMINIUM DN!T - TYPE I, $1,238
FOR A TWO BEDROOM CONDOMINIUM UNIT - '.J'YPE 1, $1,4:>A FOR A THREE BEDROOM CONDOMlNIUM UNIT-TYPE 1, $1,2.38 FOR A ONE BEDROOM CONDOMINIUM UNIT ~ TYPE 2, $1,42,1 FOR A TWO
BEDROOM CONDOMINIUM UNIT .. TYPE 2, AND $1,548 FOR A THREE BEDROOM CONDOMINIUM UNIT-TYPE 2, FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN FULL. WHETHER. THE CAPITAL ASSESSMENT IS PAID IN FULL AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF TIIB PURCHASER TO BE EXERCISED AT THE TIME OF
' CLOSING. THESE AMOUNTS ARB mm OVER THE TERM OF TilE
BONDS IN ADDITION TO THE PURCHASE PRICE, PURCHASER ALSO UNDERSTANDS THAT IF TIIE ACTUAL ANNUAL CAPITAL ASSESSMENTS ON TBE DWELLING UNlT ARE MORE THAN FIVE PF.,R.C.HNT (5%) HIGHER THAN THE ESTIMATED AMOUNT PROVIDED HEREIN, PURCHASER SHALL HAVE THE RIGHT TO RESCJND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING. PURCHASER FURTIIBR ACKNOWLEOGES AND AGREES THAT THE ESTIMATED AMOUNT OF CAPITAL ASSESSMENTS DOES NOT INCLUDE ADMINISTRATIVE ASSESSMENTS WHICH SHALL BE LEVIED BY THE DISTRICT FOR OPERATIONS AND INFRASTRUCTURE MAlmENANCE AND MAY VARY FROM YEAR TO YEAR AND.FROM TIME TO TlME. IN TIIE EVENT OF ANY CONFLICT BETWEEN THE DISCLOSURES IN

THIS PROVISION AND THE ATTACHED CDD NOTICE, • THE CDD
NOTICE SHALL CONTROL,
Typo I Condomln:!um Units are Cuudominiums I, 4, 5, 8, 9, and 12, Type 2
Condominium Units are Condomitdums 2, 3, 6, 7, 10, and 11.

1.3.6 If the Owner Default involve,s the failurn to pruvide a CDD Notice or Owner provided a timyly CDD Notice; however, such CDD Notice underestimated (i) the actual aggregate Administrative Assessments for each of the District's first three fiscal years by more than five percent (5%) and/or (ii) the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual mmual Capital Assessment by more than :five percent (5%), then the Late Notice or Extended Late Notice must also include a CDD Notice, if the Owner Default involves a failure to provide a CDD Notice or an accuxate revised CDD Notice, if the Owner Default involves a timely but inaccurate CDD Notice.
•	Relief to a Prospective Initial P01·cha er Who Actually Closes on a
Dwelling Unit After an Uncorrected Owner Default,

In the event Owner fails to give a Prospective Initial Pmohaser a timely CDD Notice, and Stich failure is not corrected by a timely and ac,urate Late Notice, then a Prospective Initial Purchaser that closes on the Dwelling Unit ("Actual Initial Purchasei'') may demand, in -writing, that Owner pay such Actual Initial Purchaser (i) the mnotmt necessary to prepay all Capital Assessments principal, and interest on such Capital Assessments principal due through the next applicable bond payment date respecting the Dwelling Unit plus (ii) an amount equal to the sum of the share of the actual Administrative Assessments levied by the District on such Dwelling Unit for the District's first three (3) fiscal years immediately following the closing respecting the Dwelling Unit.

l .4.2  In1he event that Owner gave to ru1 Actual Initial Purchaser (i) both
a timely CDD Notice and Purchase Contract Notice and either underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5o/o) and/or the actual annual Capital Assessments (as set forth in Table 1 of the CDD Notice) by more thru1five percent (5%)
and such underestimate was not corrected by a timely and accurate Late Notice 01· Extended Late Notice or (ii) a timely CDD Notice and no Purchase Contract Notice, if applicable, ruid the CDD Notice underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual annual Capital Assessments by more than five percent (5%) and such 1mderestimate was not corrected by a· timely and accurate Late Notice or Extended Late Notice, then such Actual Initial Purchaser may demand, in writing, that Owner (a) pay such actual Initial Purchaser, in the event he or she elects to pay the Capital Assessment h1 full at closing, fill amount equal to the difference between the actual Capital Assessment due at closing and the estimated Capital Assessment due at closing disclosed in the CDD Notice to the Actnal Initial Purchaser or pay such Actual Initial Purchaser, in the event he or she elects to pay an
annual Capital Assessment, an runount equal to the difference between the actLJal aggregate runount of annual Capital Asses8ments, calculated over the term of the bonds, levied and imposed by the District on such Dwelling Unit and the aggregate runount of estimated annual Capital Assessmen1s, calculated over the term of the bonds, actLJally disclosed in the CDD Notice to the Actual Initial Purchaser or, (b) if less, the an10unt necessary to prepay all Capital Assessments prinoip l and interest on such Capital Asses ments principal through the next applicable bond payment date with respect to the Dwelling Unit.
In the event that Owner gave fill Actual foitial Purchaser a timely CDD Notice and such CDD N[}tioe underestimated the actual annual Administrative

Assessment,s by more than five percent (5%) and such underestimate was not 0011-ected by a timely and accurate Late Notice, then such Actual Initial Purchaser may demand, in writing, that Ovmer pay such Actual Initial Purchaser an amount equal to the difference between the actual amount of the Administrative Assessments levied and imposed by the Dist!:ict on such Dwelling Unit and the amount of estimated Administrative Assessments disclosed to the Actual Initial Purchaser in the CDD Notice calculated for the District's first three (3) fiscal years immediately following the closing based on the initial actual annual Administrative Assessments.
Upon such demand by an Actual Initial Purchaser under this Section 1.4, Owner shall deliver the applicable amount to the Actual Initial Purchaser within ten (l 0) calendar days after: (1) receipt of written demand, or (2) after the date Capital Assessments and Administrative Assessments fu-st become payable, whichever is later, unless Owner and . Actua1 Initial Purchaser agree to another manner or time of payment.	An Actual Initial
Purchaser shall provide to Owner written notice of election of remedy in this Section on or
before one (1) year after the earlier of (1) the date that Capital Assessments lllld Administrative Assessments first appear on the Actual Initial Purchaser's Combined Real Property tax bill for the affected Dwelling Unit or (2) if such assessments are directly billed by the District and do not appear on the Actual Inii:W Purchaser's Combined Real Property tax bill, then the date that such Capital Assessment and Administrative·Assessments first appear on any bill sent to the Actual Initial Purchaser by the District for the affected Dwelling Unit, After the expiration of that ye!U', Owner shall not be obligated to provide any relief o such Actual Initial Putohaser under tbis Declaration.
Nothing in this Section l.4 shall be construed to relieve any Actual Initial Purchaser of the individual Dwelling Unit of Iiabllity for all lawful taxes and assessments

including, but not limited to, any tax liability resulting from Owner's payments to such Actual Initial Purchaser under Section 1.4.
Additional Disclosure through District Sign. Owuer shall display at every entrance to a sales office or area, in a conspicuous location readily available for viewing by Prospective Initial Purchasers of Dwelling Units, a sign with information i'ibout the District. The remedy provisions discussed in Section 1.4 shall not apply to this Section. Such sign(s) shall be no· smaller than twenty-four inches by thirty-six. inches (24" x. 36"), and shall contain the following language ill substantially similar form in large, boldface type:
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DIS1RICT

PurulUANT TO CHAPTER 190, FLORIDA STATUTES, THE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON TIIlS PROPERTY THROUGH A SPECIAL TAXING DISTRlCT. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION, AND MAINTENANCE C..OSTS OF CERTAINPUBIJC FACILITIES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD IN ADDITTON TO COUNTY AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BY LAW, THE GRAND BAY AT DORAL COMMUNITY
DEVELOPMENT DISTRICT EXPECTS TO ISSUE BONDS TO FINANCE A PORTION OP THE CONSTRUCTION OF REQUIRED PUBLIC INFRASTRUCTURE rn GRAND BAY AT DORAL COMMUNITY
DEVELOPMENT DIS1RICT. A PURCHASER OF PROPERTY IN GRAND
BAY NORTH OR GRAND BAY SOUTH WJLL BE OBLIGATED TO PAY ANNUAL ASSESSiv!ENTS TO AMORTIZE THE DEBT AND FOR DISTRICT ADMINISTRATION, WHICH AMOUNTS ARE SEPARATE FROM UlE PURCHASE PRICE OF THE PROPERTY AND OTHER ASSESSMENTS ON THE PROPERTY, AND WHICH MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TJM:E. THE TOTAL ANNUAL
ASSESSMENTS VARY IN RELATION TO TI-IE INFRASTRUCTURE BENEFIT ALLOCATED TO THE PROPERTY ASSESSED, AND ARE EXPECTED TO APPEAR ON A PURCHASllR'S PROPERTY TAX BILL EACH YEAR, BUT MAY BE BILLllD DIRECTLY BY THE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT. A PURCHASER SHALL HAVE THE OPTION TO PAY 1N FULL AT ANY TIME THE PRO RATA SHARE, AS ALLOCATED TO THE PURCHASER'S PROPERTY, OP THE TOTAL AMOUNT OF DISTRICT CAPITAL ASSESSMENTS DUE, FOR FURTIJER INFORMATION ON THE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRlCT AND A PURCHASER'S BENEFITS AND OBLIGATIONS RELATING THERETO, CONTACT [liY,'/ERT APPROPRIATE CONTACT IiYFORMATlONj."

Inspection of District Records by County Representatives. Owner shall allow or provide for ihe District to allow County representatives to review all pertinent records ln order to assess the overall performance of Owner in providing timely and accurate disclosure of estimated Capital Assessments and Administrative Assessments 011 Dwelling Units within the District. Prompt access shall be provided without prior notice of inspection by ihe Coimty representatives, but only during normal business hotu·s and without ·disruption ot sales operations. The purpose of such.inspection is only to detennine Owner's overall compliance with the aforementioned notice reqwrements and such inspection shaJl not authorize the County to seek any rellef provided under Section 1.4, either 011 behalf of itself or 011 behalf of any Prospective Initial Purchaser or Actual Initial Purchaser.
Sole Provider of Water. Wastewater. and Reuse Service. Owner acknowledges and agrees that ihe Miami-Dade County Water and Sewer Department
("WASD"), or its successor agency or depal'tment, _shall_ be the exclusive provider of water, wastewater, and reuse service to all lands within ihe Property. Service shall be provided by WASD in accordance wlth its general policies and procedures for providing service throughout the County.
Application for Multi-Purpose Special Taxing District to Maintain
Infrash'Ucture. The costs of maintaining the lnfraslrnoture oonstructod with funding provii'.led through the District shall be the responsibility of the District and its successors and assigns. In order to assure that such maintenance is performed, however, on or before the reco1·cling of a final plat on any portion of the Property, Owner shall submit to th.e County,' a complete application, including any necessai:y approvals from the jurisdiction in which the special taxing distdct is to be located, for the creation of a multi-purpose special taxing district to maintain the infrastructure serving ihe Property including, but not limited to, roadways, drainage, walls, 'and
landscaping, as applicable. Upon approval of

the multi-purpose special taxing di!lf:rict by the Board, such taxing district may remain dormant u11til, in the sole and ex:clusive opinion of the Board, both the District and any homeowners' or similar wsociation shall have failed to maintain the infrast1:uoture serving the Property, as such failure is defined in any easeme11t and/or covenant recorded in the public records and governing 1he infrastructure or similar agreement provided by Owner, or in the absence of such easement, covenant or agreement, as determined by the Board. Upon such determination, the Boal'd shall authorize the activation of the multi.purpose special taxing district and cause the infrastructure to be maintained at the expense of such taxing distlfot. By this provision, Owner hereby authorizes the Board and its officials, employees, and agents to enter upon the Property if the special taxing district is activated for the purpose of maintaining the infrastructure serving the Property. Owner further agl'ees to apply, at the time of plat, replat, or waiver of plat, as applicable, to provide for an easement for the benefit of the County and providing that at any and all times dming which the inftastructure or any portion thereof is maintained by the County, the public shall have a right of perpetual access and use in those portions of the Property on wlrich the infrastructure is located including, but not limited to, the roadways serving the Property.
BENEFITS AND ENFORCEMENT.
The covenants set forth in Sections 1.2, 1.3 and 1.4 shall run and be in
favor of and to the benefit of Prospective Initial Purchasers and Actual Initial Purchasers of
individual Dwelling Units within the Property, and their heirs, successors, and assigns, and shall be enforceable exclusively by such persons. After an individual Dwelling Unit has been once conveyed to an Ach:tal Initial Purchaser, no further notice aha!! be required to be provided by Owner to any purchaser of a Dwelling Unit if the same has been improved with a residence. If a DweUing Unit is conveyed as unimproved land, then such Dwelling Unit shall not be deemed to have been conveyed to a Prospective Initial Purchaser or Actual Initial Purchaser, and all of the

covenants set forth in Sections 1.2, 1.3 and 1.4 shall apply to the Dwelling Unit and llllY Owner offering such Dwelling Unit for sale to Prospective Initial Purchasers.
The c.ovenants set forth in Sections 1.6, 1.7 and 1.8 shall run and be in favor of and to the benefit of the County or any successor municipal government, and shall be enforceable exclusively by such governmental entity.
Enforcement shall be by action against any party or person ·violating, or attempting to violate, any covenants herein. The prevailing party in any action or suit pertaining to or arising out of this Declaration shall be entitled to recover, in addition to costs and disbursements allowed by law, such sum as the Court may adjndge to be reasonable for attorney and paraprofessional fees and costs and expenses and trial and upon appeal.. This enforcement
provision shall be in addition to imy other remedies available at law or in equity, or both.
COVENANT RUNNING WITH Tiffi LAND.
This Declaration on the part of Ownt:r shall constitute a covenant running with the land
,md shall be recorded, at the e:xpense of Owner in the publlc recm:ds of the County and shall remain in full force and effect and be binding upon the undersigned Owne1·, and its succeBsors and assigns, until such time as the same is modified ot released. These restrictions during tl1eir lifotime shall be for the benefit of, and litigation upon, all present and future Owners of the l>roperty and for 1he public welfare, Owner, on behalf of itself and its heirs, successors, and assigns, aclmowledges that acceptance of this Declaration does not in any way obligate the
County to undertake the construction or maintenance of any infrastructure 01· any o1her dnty or obligation of the District.
TERM,

TI1is Declaration is to run wi1h the land m1.d shall be binding on all parties and all persons claiming under it for a period of thilty (30) years from the date thi.s Declaratio11 is recorded, aftet

which time lt shall be extended automatically for successive periods of ten (10) years each, unless an h1st:rument signed by the then Ownex(s) of the Pi'Operty has been recorded agreeing to change the covenant in whole, or in part, provided that the Declamtion has first been modified or released by the County.
5,  MODIFICATION, AMENDMENT. OR RELEASE.
This Declaration may be modified, amended, or released as to the land herein described, or any portion thereof, by a written instrument executed by the then Owner(s) of all of the Property, or of such portion as will be affected by the modification, amendment, or release, including joinders of any and all mortgagees, provided that the S8Jl1e is also approved by the Board, after pu):>lic hearing.
Should this Declaration be mo,lified, amended, or released, the County Manager or
. successor offlciiu of the County, or the assistant in charge of the office in the County Manager's absence, shall forthwith execute a Wl'itten instrument effectuating and acknowledging such modification, amendment, or release,
6,   &,ECTION OF REMEDIES.
All rights, remedies, and privileges granted herein shall be·deemed to be cmnulative, and fue exercise of any one or more shall neither be deemed to constitute an election of remedies, nor shall such exercise preclude the party exercising the same from exercising such other additi.onal rights, remedies, or privileges,
SEVERABILI'l,'Y.
Invalidation of any one of the covenants herein by judgment of Court shall.not affect any of the other provisions of this Declaration which shall remain in full force and effect. However, if any matet'ial portion of the covenants herein is invalidated and Slloh provision is not timely amooded or replaced, or cannot be timely amended or replaced in an enforceable way with

materially the same effect as the invalidated provision, the County shall be entitled to revoke any approval predlcai-ed upon the invalidated po1tion. It shall be Owner's obligation to apply for and diligently pursue any such application for amendment or replacement.
ACCEPTANCE OF DECLARATION.
Owner acknowledges that acceptance of this Declaration does not obligate the County in any manner with respect to the Dis1rict, or wi1h respect to any land use application on the Property, nor does it entitle Owner to a favorable recommendation or the approval of any application, zoning or otherwise, and the Bo(lrd and/or any Community Zoning Appeals Boru-d and other County boa1'C!s, officials, and employees ret11in full authority to approve or deny such application.

[REMAINDER	OF	PAGE	INTENTIONALLY	LEFT	BLANK]

IN WITNESS WHEREOF, the undersigned has set it hand and seal to tbis Declaration of
Restrictive Covenants this day of \)tl.,	15.

O:WNER:
HDMAMANAGEMENT INC,,
a Florida Corpo1·atlon, as Trustee of the Midtown Doral Land Trust Agreement Dated July 31, 2015

By:
Name: -JY,"-= c+ .><.C-l'l_r-}-'--­
Title: _ 	f...J=11-a.i::.>L.:1------

STATEOFR\,QVi_cl	.	,J
COUNTY OF	IV\10.IYli, c;:\d.Cl()

rve ef ej<?_lng instrument was acknowledged before me by I\,\.¾J	(0	:ul ,	as

Pi
 , v\.Ul\t	.	of HDMA MANAG];lMENT INC., a Florida Corporation, on behalf of
the company, this 1\-:L..... ay of D,ecpv11:f/V2015, who ls personally known to me or who

produced :fi_ !)vf·../q:s;;· Vlc-Li')\'-V	asidentification,
Notary	Publi ,	/of	Florida
PdntName:,-,---::  ffl,LJ,c......-V	­

My Commission E

MYCOMMISSIO i ffiJ!i21

EJi£EflWJ.DESJIMENEZ 4

EX?IAES: Septem\>Ot 2, 2019
ao11dedli1tdt-lol&tYp11orUfldefMil.81'!1

19
{00010388,DOC ,•,2)

JOINDERBY MORTGAGEE IN DECLARATION OF RESTRICTIVE COVENANTS
To Miami-Dade County, Florida:
The undersigned, KPQ Doral Fund LLC, a Delaware limited liability company, is the Mortgagee wider those certain mortgage recorded in Official Records Book 29845, Page 4191, Assigmnent of Leases, Rents and Pl'Ofits, in Official Records Book 29845, Page 4222, and UCC Financing Statement, in Official Records Book 29845. Page 4238, as recorded in the Public Records of Miami-Dade County, Florida, covering all/or a portion of the Property described in the foregoing Declaration. This Joinder is executed for the purpose of acknowledging that the Property will be bound by the Declaration; however, the undersigned shall have no personal liability as a result of the execution of this Joinder'.
IN WITNESS WHEREOF, these presents have been executed this g-M	day of

f'

7)ec_e,,nfe,t_	, 2015.

Print or Type Name
iL-hL
&i!i\"-/\o.  q e·c..
Print or Type Name j

KPQ Doral Fu11d LLC a Delaware limited liability company

Jesus Antonio Manager

STATE OF P/012..-iofa._
COUNTY OF k r'o,m,i "()o..o/e

'I

The foregoing instrument was aclo:iowledged before me byJ;,.s,qs /ln.foni'c Jl0nfe12u '/:,mi,;, as Hana f elL 	ofK-/'(f.l)o-'4;:,,,,,,,((t<a!/qt!P.lefl )'cJ!,0t 11,,/ r:w-1,( 0m  behalf of the company, this g#,  day ofJ;ecehtl'eA. , 2015, who is personally known to me or who produced

. --  , l'•••,

ANNA MILA£VA

\f:-..'.•••"'

•./'';J!, Notary Public. Slit.le ol :Florida

My Comm. Explru May 11, 201-8

...,,:: ri; n.i"f," ,..	CommissiDn fl FF 121656

••1111111•1

_...-	as identification,
Notary	Public,	State	of	.FIPtuA..._,
Print Name:	/rt1fJt?<.. Hi  /4e //'O....
My Commission Explres	Hc:<j ,ff ( oU>..1-J

(00Dl038B.DDC v,2)	21

Exhibit A
LEGAL DESCRIPTION

PARCELA:
A portion of the Northwest 1/4 of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more particularly described as follows:
(
COMMENCE at the Northwest Corner of said Section 8; thence S0ldeg43min29secE, along the West Line of the Northwest 1/4 of said Section 8, for a distance of 1556.14 feet; thence N88degl6min31secE for a distance of 50.00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence S01deg43min29secE for a distance of 238.26 feet; thence N88deg16min3lsecE for a distance of266.00 feet; thence N0ldeg43min29secW for a distance of 220.42 feet to a point of curvature of a circular curve to the left, concave to the
Southwest; thence Northerly, Northwesterly and Westerly along the arc of said curve, having for its elements a radius of 23.00 feet, through a central angle of 90deg00min00sec for an arc distance of 36.13 feet to a point of tangency; thence S88deg16min3lsecW for a distance of
225.00 feet to a point of curvature of a circular curve to the left, concave to the Southeast; thence Westerly and Southwesterly along the arc of said curve, having for its elements a radius of 34.00 feet, through a central angle of 3ldeg57min57sec for an arc distance of 18.97 feet to the POfNT OF BEGINNING.
Containing 1.48 Acres more or less.

ExhibitB CDDNOTICE
Il!llk.J.. ESTIMATED TOTAL ANNUAL DJSTRlCT ASSESSMENTS DUE PER DWELLING UNIT FOR EACH OF THE
DlSTRICT1S FIRST TIID.EE (3) FISCAL YEARS (actual assessments may vary from the amci11nts set forth below and Oper1\tious and
Infrastructure Maintenance· Assessment.ii may be higher in subsequent years based on actual budgets adopted by the District).

*Tvne 1 Condo Units are Condomi•mums	1 4 5' 8' 9 U Tune 2C
'	ondo UnIIs are Condom• inIums 23	6,.7'1011
'	

Type ofDwening Unit (a"d Plrnse, if Applicable)	Estimated Annual District Capital Assessments Including Principal and Interest
(see Sections 3.1 and 3.2Below)	Estimated Annual Administrative Assessments (includes both Operatfom; and InfrRstructure Maintenance Assessments) (see Section 3,4 Below)	
Estimated Total Annual OisMct Assessments Due for eftch of the District's first three (3) fiscal years
{see Section 3.5 Below)
'	
One Bedroom Condo Unit- 1voe I	$1,114	$55	$1,169	
Two Bedroom Condo Unit-T me 1	$1,238	$55	$1,293	
Three Bedroom Condo Unit- ·i-.,	e 1	$1,424	$55	$1.479	
One Bedroom Condo Unit-Type2	$1,238	$55	$\,293	
Two Bedroom Condo Unit-Tyne 2	$1,424	$55	$1A19	
Three Bedroom Condo Unit-Type 2	$1,548	$55	$1,603	
Tuilltl BREAKDOWN OF ESTIMATED MONTHLY DISTRICT ASSESSMENTS FOR EACH OF THE FIRST THREE (3; ISCAL
YEARS (actual assessments tnaf yary from the amounts set forth below and Operntions and Infrastructure Mai11tennnte Assessll!e-nt-5 may be higher in subseq11ent yeatli based on actual budgets adopted by the Dis.trict),

ir'fvrn' 1 Condo Um'ts arc Cond0m'mm' ms	1 4 5 8 9 12 T""C 2 Co
' ' ' '	ndo Units- are Con<1cimi-mums 2	3'6,.7'1011
'	

'fype of Dwelling Unit (and Phase, if Applicable)	Estimated MQnth!y District Operations Assessments	Estimated Monthly District	Estimnted MoDthly Distric1 Capital Assessments (Estimated Annual District
Capital Assessments divided by 12)	
		Infrastructure Maintenance
Assi;ssments		
One Bedroom Condo Unit - Tyo1;11	$3.00	$1.60	$92.83	
Two Bedroom Condo Unit-T""1;1 l	$3,00	$1.60	$I0J.17	
Three Bedroom Condo lJnit-TvPe !:	$3.00	$1.60	$118.67	
One Bedroom Condo Unit-Type 2	$3.00	$1.G0	$103.17	
Two Bedroom Condo Unit- Type 2	$3.00	$l.G0	$118.67	
Three Bedroom Condo Unit Type2	$3.00	$1,60	$ I29.00	·-	
Table 3 ESTIMATED INITIAL PAYOFF OF CAPITAL ASSESSMENTS (does not include interest on the bond prindpal due thrnugh the nextP,yment Date) AND ESTIM,\.TED TOTAL PAYMENTS IF ANNUAL PAYMENTS ARE MADE OVER THF. TRRM OF THE BONDS

*TVPy< lCondoUnits nre Condom1nl·UIUS 11 4' 5,.8,. 9 12 T""e 2 Condo Units	are Condominiums 2. 3. 6' 7 10' 11
'
Estimated Total Capital Assessments including Pdnclpal and lnh:rest if Capital Assessments are Paid Annually (No Pn.po.yment) over Thirty (30) years (Estiroatetl Annual District Capital A.Iisessments times 30)	

Type of Dwelling Unit (and Phase, if Applicable)	Initial Estimated Prepayment Amount to Pay off Dwelling Unit's pro rntll share of Dlstrkt Donds at time Dwelling Unit Closes (this amount declines as principal payments are made amrnally ond does NOT include Interest that may be due through the n, xt applicable bond payment date)		
One Bedroom Condo Unit woe!	$15.234	$33,420	
Two Bedroom Condo Unit ·1vpe 1	$16,926	$37,140	
Three BeQroom Condo Unit ·1voe I	$19 465	.142.720	
One Bed Oom Condo Unit Tvoe2	$16 926	.137,140	
Two Bedroom Condo Unit Tvne2	$19 465	$42,71.0	
Three Bedroom Condo Unit T\lpe 2	$21.160	$46,440	
PllRCHASERS INITIALS

The District. All of the residential dwelling units ("Dwelling Units") in Midtown Doral (the "Development") are also- located within the boundaries of the Grru1d Bay at Doral Community Development District (the "District''). The District is a local unit of special-purpose government organized and existing under the laws of the State of Florida and the Home Rule Charter of Miami-Dade County, Florida and located in Miami-Dade County ("County"). The primary purpose of the District is to finance the cost of the public infrastructure of the Development which may include, without limitation, water and sewer facilities, enviro11meptal mitigation, roadways, the surface water management system, utility plants and lines, !'and acquisition, miscellaneous utilities for the Development, as applicable, and other infrastructure projects and services necessitated by the development of land within the Development (collectively, the "Public Infrastructure").
	 PURCHASER'S INITIALS

The District Board. The Board of Supervisors of the District (the "District Board") is initially fllected by the landowner in the District. The Board is required to advertise its meetings in advance and all District Board meetings are required to be open to the public. The District Board is required to prepare a budget each fiscal year and adopt the same: in an open, public meeting. All owners of properly within the District are invited to attend District Board meetings and participate in the public process.
	 PURCHASER'S INITIALS

District Finance _and Assessments, The cun-ent plan is for the District to issue bonds to acquire, construct, reconstruct, a11d equip all or a portion of the Public Infrastructure identified in Section 1. Currently, it is estimated that the Dwelling Units in the Development will be assessed based on the Capital and Administrative Assessments listed in Table 1 above and in Sections 3.1 and 3.4 below (if paid in November) to retire the debt of the District, to pay for operations of the District a11d maintenance of the Public Infrastructure. District asse sments will either appear on the County real estate tax bill of each property located within the District a11d will be paid at the same time as County taxes are paid, or will be directly billed by the District. Capital assessments to repay the principal portion of the bond debt could be levied by the District for a period ofup to thirty (30) years.
	 PURCHASER'S INITIALS

District Capital Assessments. The District expects to issue bonds (the "Bonds"), the principal of and interest on which will be payable from non ad valorem special assessments ("District Capital Assessments") levied by the District on the property within the Development, which property is found to be specially benefited by the Public Infrastructure. Each Dwelling Unit is subject to a District Capital Assessment to repay the bonds.   •
	 PURCHASER'S INITIALS

Amount. The estimated amount of District Capital Assessments including principal and interest levied on each Dwelling Unit Type is expected to be: Annually -
,approximately $1 114 for the one bedroom condo Typ_e 1,-$1,238 for the two bedroom condo

2

Type 1, $1,424 for the three bedroom condo Type L $1,238 for the one bedroom condo Type 2,
$1,424 for the two bedroom condo Type 2 and $1,548 for the three bedroom condo Type 2, and Monthly - approximately $92.83 for the one bedroom condo Type L $103.17 for the two bedroom condo T)'J?e L $118.67 for the three bedroom condo Type 1. $103.17 for the one bedroom condo Type 2, $118.67 for the two bedroom condo Type 2 and $129 for the three
bedroom condo Tme 2, per month (see Table 1 above), which sum shall be payable annually for the term of the Bonds (the principal repayment period may not exceed thirty (30) years). The aggregate amount of District Capital Assessments including principal and interest expected to be levied and imposed on each condominium Dwelling Unit over the term of the thirty (30) year Bonds (assuming the Capital Assessments, including prindpal and interest, are paid annually (no prepayment) over thirty (30) years) per Dwelling Unit Type is approximately $33,420 for the one bedroom condo Type 1, $37,140 for the two bedroom condo Type 1, $42,720 for the three bedroom condo Type 1, $37,140 for the one bedroom condo Type 2, $42,720 for the two
·bedroom condo Type 2 and $46,440 for the three bedroom condo Type 2 (see Table 3 above).
*Type 1 Condo Units are Condominiums 1, 4, S, 8, 9, 12. Type 2 Condo Units are
Condominiums 2, 3, 6, 7, 10, 11.

	 PURCHASER'S INITIALS

• Prepay Option. Each owner of a Dwelling Unit has the option of prepaying the aggregate amount of District Capital Assessments levied on the owner's Dwelling Unit. The prepayment amollllt at any time will be equal to the remaining outstanding pro rata share of principal and interest due through the next applicable payment date due on the bonds for each Dwelling Unit. Such prepayment ammmt will decline each year as the District Capita] Assessments are paid.
	 PURCHASER'S INITIALS

District Administrative Assessments. In addition to District Capital Assessments, the District will impose an armual non-ad valorem assessment to fund District operations and maintenance of its Public Infrastructure (collectively, "District Administrative Assessments"). Each Dwelling Unit shall be subject to District Administrative Assessments. The budget from which District Administrative Assessments are derived is subject to change each year, and may vary from year to year and from time to time. During each of the first three
(3) fiscal years of the District, it is anticipated that District Administrative Assessments for the Dwelling Unit will be approximately $55.00 per year per Dwelling Unit, after which time such assessments may vary from year to year and from tin1e to time.
	 PURCHASER'S INITIALS

District Assessments. District Adminis1mtive Assessments together with District Capital Assessments shall comprise the "District Assessments." While the District Assessments are not taxes under Florida law, the District Assessments will constitute a lien coequal with the lien of State, County, Municipal., and School Board taxes, m1d are expected to appear on the ad valorem tax bill sent each year by the Miami-Dade County Tax Collector. The

{D0010388.DOC v.211/10/2015 09:37 AM)	3

Homestead Exemption is not applicable to the Distdct Assessments. Because a tax bill cannot be paid in part, failure to pay the District Assessments or any other portion of the tax bill will result in the sale of tax certificates and could'ultimately result in the loss of title to the Dwelling Unit of the delinquent taxpayer through the issuance of a tax deed. If billed directly by the District, nonpayment could result in foreclosure on and loss of title to the Dwelling Unit.

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PURCHASER'S INITIALS

PURCHASER:	PURCHASER:

	

Date: 	_

Print Name: 	_ Date:-------------

Print Name: ----------

4
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This instrument was prepared by:	
		
•

(Space Reserved for Clerk)	

DECLARATION OF RESTRICTIVE COVENANTS
WHEREAS, the undersigned Owner holds the fee simple title to the land described in
the attached Exhibit A (the "PropertY"), which is a portion of the real property described i.iJ the

original Declaration located in Miami-Dade County, Florida (the "County"); and
WHEREAS, a Declaration of Restrictive Covenants was previously provided to the

Board of Comity Commissioners (the "Board") in support of a Petition (the "Petition") for

creation of the Grand Bay at Doral Conununity Development District (the "District") dated July 25, 2006, and recorded at O.R. Book 25146, Page i108, of the Public Records of Miami-Dade County, Florida (the "Origmal Declaration"); and an additional Declaration of Restrictive
Co:venanfa dated October 3, 2012, and recorded at O.R. Book 28374, Page 4292, of the Public Records of Miami-Dade County, Florida (the "2012 Declaration"), relating to certain real properly located within the boundaries of the District; and the Property was omitted from the Original Declaration and the 2012 Declaration, and the Owner desires to provide certain
covenants to the County Board of County Commissioners (the "Board") in support of a Petition

to Expand the Boundaries of the District to include the Property (the "Petition'') filed

--------	' and approved pursuant to Ordinance No. 	enacted by the

Board on -------- (the "Ordinance"), in accordance with the requirements of Chapter 190, Florida Statutes, and Section l.0l(A)(21) of the County Home Rule Chaiter; and
WHEREAS, among those covenants are provisions for the timely, accurate, and enforceable disclosure, to all prospective initial purchasers who have entered or will enter into
contracts for improved residential units within the Property (each a "Progpective Initial

Purchaser"), of the obligation to pay to the District: (1) the pro-rata share for each Dwelling Unit (defined below) of the cost of the acquisition, construction, reconstruction:, and equipping of certain public infrastructure which benefit the Property either as a one time assessment at the time of closing or as an annual assessment based on the debt service on bonds to be issued by the
District to finance such capital costs until such bonds are retired (collectively, "Capital

Assessments"), and (2) the costs associated with . (i) operations of the District including
administration ("Operations Assessments") and (ii) maintenance of public infrastructure by the

District ("Infrastructure Maintenance Assessments"; Operations and Infrastructure Maintenance

Assessments are hereinafter collectively referred to as "Admirristt·ative Assessments"); and
WHEREAS, other covenants made by Owner include provisions for the long-term maintenance of infrastructure serving the Property including, but not limited to, roadways, dtainage,a11dlandscaping;and
WHEREAS, this Declaration of Restrictive Covenants and the covenants herein created apply solely to the Prospective Initial Purchasers of improved residential units within the Property; and
WHEREAS, such covenai1ts of Owner ai·e made in order to assure the Board that the representations made by Owner in support of the Petition will be abid.ed by,

NOW, THEREFORE, Owner freely, voluntarily, and without duress, and on behalf of its heirs, successors, and assigns, makes the following Declaration of Restrictive Covenants
covering and running with the Property (this "Declaration"):

COVENANTS.
Public Records Notice of Existence of District. This Declaration shall serve as notice in the public records of the County that unless the District is terminated in accordance with the requirements of Chapter 190, Florida Statutes, and such termination is reflected in 1'he public records of the County, the Property and all lands, parcels, lots, and units located within the District's boundaries are subject to the Capital Assessments and Administrative Assessments levied and imposed by the District, subject only to the exceptions or exemptions from such assessments expressly provided by Florida law.
CDD and Purchase Contract Notices.

Owner shall be required to provide to each Prospective Initial Purchaser of an improved individual residential lot or unit within the Property (individually, a
"Dwelling Unit'') written notice of the estimated annual Capital Assessments and Administrative

Assessments (the "CDD Notice") to be imposed on s1ich individual Dwelling substantially in the
form attached hereto as Exhibit B prior to, or contemporaneously with, the execution of a

purchase and sale contract ("Purchase Contract") for such Dwelling Unit. For tho purposes of

tl:us Declaration, the term "Owner" means each seller of Dwelling Units within the Property. Notwithstanding the foregoing, if a Prospective Initial Purchaser executed a Purchase Contract before the date that this Declaration was recorded in the Public Records of Miami-Dade County,
Florida (the "Recording Date"), but was not given a contemporaneous CDD Notice, Owner may still give the CDD Notice to such Prospective Initial Purchaser; provided, however, such <;DD

notice must be given together with the following written notice and must be sent to such Prospective Purchaser by certified mail, professional overnight delivery or hand delivery, with return receipt, not later than the first business day following the recording of this Declaration:
THE DWELLING UNIT YOU ARE PURCHASING IS SUBJECT TO A COMMUNITY DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RESTRICTIVE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. THIS NOTICE AND THE ATTACHED CDD NOTICE ARE BEING GIVEN TO YOU PURSUANT TO SUCH DECLARATION. PLEASE NOTE THAT THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO THIS DWELLING UNIT OVER A PERIOD OF UP TO THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $66,000 FOR A SINGLE FAMILY UNIT (65' LOT), $60,750 FOR A SINGLE FAMILY UNIT (40' LOT), $52,500 FOR A CLUSTER UNIT, $49,500 FOR A TOWNHO:ME UNIT (25' LOT AND 23' LOT), $45,000 FOR A THREE­ STORY UNIT, AND $43,500 FOR A MID-RISE UNIT. THE DWELLING UNITS SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $32,219.05 FORA SINGLEFAM1LYUNIT(65' LOT), $29,656.17FORA SINGLE FAMILY UNIT (40' LOT), $25,628.79 FOR A CLUSTER UNIT,
$24,164.29 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $21,967.53
FOR A THREE-STORY UNIT, AND $21,235.28 FOR A MID-RISE UNIT, IF PAID IN FULL AT CLOSING, OR AN ESTIMATED ANNUAL CAPITAL ;, ASSESSMENT OF $2,200 FOR A SINGLE FAMILY UNIT (65' LOT), $2,025 FOR A SINGLE FAMILY UNIT (40' LOT), $1,750 FORA CLUSTER UNIT,
$1,650 FORA TOWNHOME UNIT (25' LOT AND 23' LOT), $1,500 FORA THREE-STORY UNIT, AND $1,450 FOR A MID-RISE UNIT FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN F1JLL. WHETHER THE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BE EXERCISED.AT THE TIME OF CLOSING. THE ATTACHED NOTICE FULLY DESCRIBES YOUR OBLIGATIONS. YOU MAY ELECT TO RESCIND THE PURCHASE CONTRACT FOR A PERIOD OF THIRTY (30) DAYS FOLLOWING RECEIPT OF TI!IS NOTICE. UPON SUCH ELECTION, OWNER SHALL RETURN ALL MONIES PAID BY YOU AS THE PROSPECTIVE INITIAL PURCHASER REGARDING THE PURCHASE OF THE REAL PROPERTY IDENTIFIED IN THE PURCHASE CONTRACT WITHIN TEN (10) CALENDAR DAYS AFTER RECEIVING YOUR WRITTEN NOTICE THAT YOU HAVE ELECTED TO RESCIND THE PURCHASE CONTRACT, AND ALL OTHER PROVISIONS OF THE DECLARATION OF RESTRICTIVE COVENANTS NOT INCONSISTENT WITH THE REMEDIES SET FORTH HEREIN SHALL GOVERN. NO OTHER REMEDIES ARE AVA!LABLE TO PURCHASER WI-IETHER OR NOT YOU ELECT TO RESCIND EXCEPT IN THE EVENT OF AN OWNER DEFAULT WITH RESPECT TO THE CDD NOTICE AND THEN ONLY IN ACCORDANCE WITH THE DECLARATION.

Owner shall promptly refund any amounts due under the foregoing notice if a Prospective Initial Purchaser properly rescinds a Purchase Contract during the time provided. No other remedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who terminates a Purchase Contract pursuant to the foregoing notice.
Owner shall also provide substantially the following disclosure

("Purchase Contract Notice") on the first page of each Purchase Contract executed after the Recording Date for a Dwelling Unit within the Property, innnediately after disclosure of the purchase price for the Dwelling Unit:
THIS DWELLlNG UNIT rs WITHIN A COMMUNITY DEVELOPMENT
DISTRICT ("DISTRICT"). THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO THIS DWELLING UNIT OVER A PERIOD OF UP TO TIDRTY (30) YEARS TO FUND· CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $66,000 FOR A SINGLE FAMILY UNIT (65' LOT), $60,750 FOR A SINGLE FAMILY UNIT (40' LOT), $52,500 FOR A CLUSTER UNIT, $49,500 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $45,000 FOR A THREE-STORY UNIT, AND $43,500 FOR A MTD­ RISE UNIT. THE DWELLJNG UNITS SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $32,219.05 FOR A SJNGLE FAMILY UNIT (65' LOT), $29,656.17 FOR A SINGLE FAMILY UNIT (40' LOT), $25,628.79 FOR A CLUSTER UNIT, $24,164.29 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $21,967.53 FOR A THREE-STORY UNIT, AND $21,235.28 FOR A MID-R.JSB UNIT, IF PAID JN FULL AT CLOSING, OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $2,200 FOR A SJNGLE FAMILY UNIT (65' LOT), $2,025 FOR.A SINGLE FAMILY UNIT (40' LOT), $1,750 FOR A CLUSTER UNIT, $1,650 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $1,500 FOR A THREE-STORY UNIT, AND
$1,450 FOR A MID-RISE UNIT FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAlD IN FULL. WHETHER TI-IE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT TI-IE OPTION OF THE PURCHASER TO BE EXERCISED AT THE TIME OF CLOSING. THESE AMOUNTS ARE DUE OVER THE TERM OF TIIE BONDS IN ADDITION TO 11lE PURCHASE PRICE. INITIAL PURCHASER ALSO UNDERSTANDS THAT IF 11lE ACTUAL ANNUAL CAPITAL ASSESSMENTS ON TI-IE DWELLING UNIT ARE MORE THAN FIVE PERCENT (5%) IDGHER. THAN 11lE ESTIMATED AMOUNT PROVIDED HEREIN, JNITIAL PURCHASER SHALL HAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSJNG. INITIAL PURCHASER. FUR.TI-IER. ACKNOWLEDGES AND AGREES THAT THE ESTIMATED AMOUNT OF CAPITAL ASSESSMENTS DOES NOT JNCLUDE ADMINISTRATIVE ASSESSMENTS WHICH SHALL BE LEVIED BY TI-IE DISTRICT FOR OPERATIONS AND INFRASTRUCTURE

MAINTENANCE AND MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME. IN THE EVENT OF ANY CONFLICT BETWEEN THE DISCLOSURES IN THIS PROVISION AND THE ATTACHED CDD NOTICE, TIIB CDD NOTICE SHALL CONTROL.

PURCHASER'S lNlTlALS:

Owner shall cause each Prospective Initial Purchaser to initial the Purchaser Contra9t Notice where indicated.
Relief to Prospective Initial Purchaser for Owner Default. '

Owner shall provide relief, in the ma.oner provided by this Section

1.3 to any Prospective Initial Purchaser who has not yet closed on a Dwelling Unit if any one of
the following events shall occur (an "Owner Default"):

Owner fails to provide a timely CDD Notice or Purchase Contract Notice as required; and/or
Owner provides a timely CDD Notice; however, such CDD Notice underestimates the aggregate or monthly actual Administrative Assessments for the District's first three fiscal years by more than five percent (5%); and/or
Owner provides a timely CDD Notice and/or Purchase Contract Notice; however, such CDD Notice and/or Purchase Contract Notice ,mderestimates the actual Capital Assessment., if paid in full at closing, by more than five percent (5%) and/or monthly actual armual Capital Assessments by more than five percent (5%,).
In the event of any Owner Default that is not cured by a timely
.	'
Late Notice (as hereinafter defined), a Prospective Initial Purchaser may, in writing (a

"Termination Notice"), elect to rescind the Purchase Contract at any time prior to closing. Upon such election, Owner shall return all monies pa.id by the Prospective Initial Purchaser regarding the purchase of the real property identified in the Purchase Contract within ten (10) calendar

days after receiving written notice from the Prospective Initial Purchaser that such Prospective Initial Purchaser has e;lected to rescind the Purchase Contract. No other remedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who tenninates a Purchase Contract pursuant to this provision.

Prior to the receipt of a Tennination Notice :from a Prospective Initial Purchaser affected by an Owner Default, Owner shall have _an opportunity to cure any
Owner Default by provid;ing a written notice (a "Late Notice") to such affected Prospective Initial Purchaser (i) prior to closing and•(ii) within the later of ninety (90) days from (x) the date
of execution of the Purchase Contract or (y) the Recording Date (the "Cure Period"). An OV'lller

Default cannot be cured as to an affected Prospective Initial Purchaser after the expiration of the applicable Cure Period or applicable Extended Cure Period. If OV'lller provides (i) a.Late Notice to a Prospective Initial Purchaser during the applicable Cure Period or (ii) an Extended Late Notice during applicable Extended Cure Period, then such Prospective Initial Purchaser may still elect to rescind the Purchase Contract at anytime for a period of thirty (30) days following receipt of Late Notice or Extended Late Notice. Upon such election, Owner shall return all monies pf)id by the Prospective Initial Purchaser regarding the purchase. of the real property identified in the Purchase Contract within ten (10) calendar days after receiving written notice from the Prospective Initial Purchaser that such Prospective Initial Purchaser has elected to rescind the PurchaBe Contract. No other remedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who receives a11 accurate Late Notice or Extended Late Notice during the Cure Period or Extended Cure Period, as applicable, regardless of whether the Prospective Initial Purchaser elects to '.rescind the Purchase Contract.

Every Late Notice or Extended Late Notice sent by Owner to a Prospective Initial Purchaser must include the following in bold type in a font at least as large as the largest font in such Late Notice or Extended Late Notice (with correct type of notice indicated):
THE DWELLING UNIT YOU ARE PURCHASING IS SUBJECT TO A COMMUNITY DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RESTRICTIVE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. TIJIS IS A [LATE NOTICE or EXFENDED LATE NOTICE] UNDER SUCH DECLARATION. IF OWNER PROVIDES YOU WITI-I TIJIS [LATE NOTICE or EXFENDED LATE NOTICE] DURING THE APPLICABLE CURE PERIOD, TilEN YOU AS A PROSPECTIVE INITIAL PURCHASER MAY STILL ELECT TO RESCIND THE PURCHASE CONTRACT FOR A PERIOD OF THIRTY (30) DAYS FOLLOWING RECEIPT OF THIS [LATE NOTICE or E}CI'ENDED LATE NOTICE]. UPON SUCH ELECTION, OWNER SHALL RETURN ALL MONIES PAID BY YOU AS THE PROSPECTIVE INITIAL PURCHASER REGARDING THE PURCHASE OF THE REAL PROPERTY IDENTIFIED IN THE PURCHASE CONTRACT WITHIN TEN (10) CALENDAR DAYS AFTER RECEIVING YOUR WRITTEN NOTICE YOU HAVE ELECTED TO RESCIND THE PURCHASE CONTRACT, AND ALL OTHER PROVISIONS OF THE DECLARATION OF RESTRICTIVE COVENANTS NOT INCONSISTENT WITH THE REMEDIES SET FORTH HEREIN SHALL GOVERN. NO OTHER REMEDIES PROVIDED IN SECTION 1.4 OF THE DECLARATION SHALL BE AVAILABLE TO YOU AS A PROSPECTIVE INITIAL PURCHASER IF YOU RECEIVE THIS [LATE NOTICE or EXFENDED LATE NOTICE] DURING THE APPLICABLE CURE PERIOD, REGARDLESS OF WHETHER YOU AS A PROSPECTIVE INITIAL PURCHASER ELECT TO RESCIND THE PURCHASE CONTRACT.

If the Owner Default involves the failure to provide a Purchase Contract Notice or Owner provided a Purchase Contract Notice in substantially the correct form and location; however, such Purchase Contract Notice underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the annual Capital Assessments by more than five percent (5%), then the Late Notice or Extended Late Notice shall also contain the following:
YOUR PURCHASE CONTRACT PROVIDES THAT TfIE PURCHASE
PRICE FOR YOUR DWELLING UNIT IS AS FOLLOWS: [INSERT PURCHASE PRICE INFORMATION]. THIS DWELLING UNIT IS OR WILL BE WITHIN A COMMUNITY DEVELOPMENT DISTRICT ("DISTRICT''). THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS TI-IAT WILL

HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO TIIIS DWELLING UNIT OVER A PERIOD OF UP TO TIIIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $66,000 FOR A SINGLE FAMILY UNIT (65' LOT), $60,750 FOR A SINGLE FAMILY UNIT (40' LOT), $52,500 FORA CLUSTER UNIT, $49,500 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $45,000 FOR A THREE­ STORY UNIT, AND $43,500 FOR A MID-RISE UNIT. TBB DWELLING UNITS SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $32,219.05 FORA SINGLE FAMILY UNIT (65' LOT), $29,656.17 FORA SINGLE FAMILY UNIT (40' LOT), $25,628.79 FOR A CLUSTER UNIT,
$24,164.29 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $21,967.53 FOR A THREE-STORY UNIT, AND $21,235.28 FORA MID-RISE UNIT, IF PAID IN FULL AT CLOSING, OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $2,200 FORA SINGLEFAMILYUNIT (65' LOT), $2,025 FORA SINGLE FAMILY UNIT (40' LOT), $1,750 FORA CLUSTER UNIT,
$1,650 FOR A TOWNHOME UNIT (25' LOT AND 23' LOT), $1,500 FOR A THREE-STORY UNIT, AND $1,450 FOR A MID-RISE UNIT FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN FULL. WBBTBBR THE CAPITAL ASSESSMENT IS PAID IN FULL AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF TBB PURCHASER TO BE
EXERCISED AT THE TIME OF CLOSING. THESE AMOUNTS ARE DUE OVER THE TERM OF 11IB BONDS IN ADDillON TO THE PURCHASE PRICE. PURCHASER ALSO UNDERSTANDS THAT IF THE ACTUAL ANNUAL CAPITAL ASSESSMENTS ON THE DWELLING UNIT ARE MORE THAN FIVE PERCENT (5%) HIGHER THAN THE ESTIMATED AMOUNT PROVIDED HEREIN, PURCHASER SHALL BAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING. PURCHASER FURTHER ACKNOWL)_lDGES AND AGREES THAT THE ESTIMATED AMOUNT OF CAPITAL ASSESSMENTS DOES NOT INCLUDE ADMINISTRATIVE ASSESSMENTS WHICH SHALL BE LEVIED BY THE DISTRICT FOR OPERATIONS AND INFRASTRUCTURE MAINTENANCE AND MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME. IN THE EVENT OF ANY CONFLICT BETWEEN THE DISCLOSURES IN THIS PROVISION AND THE ATTACHED CDD NOTICE, THE CDD NOTICE SHALL CONTROL.

If the Owner Default involves the failure to provide a CDD Notice or Owner provided a timely CDD Notice; however, such CDD Notice underestimated (i) the actual aggregate Administrative Assessments for each of the District's first three fiscal years by more than :five percent (5%) and/or (ii) the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual rumual Capital Assessment by more than five percent (5%), then the Late Notice or Extended Late Notice must also include a CDD Notice, if

the Owner Default involves a failure to provide a CDD Notice or an accurate revised CDD Notice, if the Owner Default involves a timely but inaccurate CDD Notice.
Relief to a Prospective Initial Purchaser Who Actually Closes on a

Dwelling Unit After an Uncorrected Owner Default.

In the event Owner fails to give a Prospective Initial Purchaser a timely COD Notice, and such failure is not corrected by a timely and accurate Late Notice, then
a Prospective Initial Purchaser lhat closes on the Dwelling Unit ("Actual Initial Purchaser'') may demand, in writing, that Owner pay such Actual Initial Purchaser (i) the amount necessary to prepay all Capital Assessments principal, and interest on such Capital Assessments principal due through the next applicable bond payment date respecting the Dwelling Unit plus (ii) an amount equal to the sum of the share of the actual Administrative Assessments levied by the District on such Dwelling Unit for the District's first three (3) fiscal years immediately following the closing respecting the Dwelling Unit.
In the event that Owner gave to an Actual Initial Purchaser (i) both a timely COD Notice and Purchase Contr:act Notice and either underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual annual Capital Assessments (as set forth in Table l of the CDD Notice) by more than five percent (5%) and such underestimate was not corrected by a timely and accurate Late Notice or Extended Late Notice or (ii) a timely CDD Notice and no Purchase Contract Notice, if applicable, and the CDD Notice underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual annual Capital Assessments by more than five percent (5%) and such underestimate was :not corrected by a timely and accurate Late Notice or Extended Late Notice, then such Actual Initial Purchaser may d.emand, in writing, that Owner (a) pay such

actual Initial Purchaser, in the event he or she elects to pay the Capital Assessment in full at closing, an amount equal to the difference between the actual Capital Assessment due at closing and the estimated Capital Assessment due at closing disclosed in the CDD Notice to the Actual Initial Purchaser or pay such Actual Initial Purchaser, in the event he or she elects to pay an annual Capital Assessment, an amount equal to the difference between the actual aggregate amount of annual Capital Assessments, calculated over the tem1 of the bonds, levied and imposed by the District on such Dwelling Unit and the aggregate amount of estimated annual Capital Assessments, calculated over the term of the bonds, actually disclosed in the CDD Notice to the Actual Initial Purchaser or, (b) if less, the amount necessary to prepay all Capital Assessments principal and interest on such Capital Assessments principal through the next applicable bond payment date with respect to the Dwelling Unit.
In the event that Owner gave an Actual Initial Purchaser a timely CDD Notice and such CDD Notice underestimated the actual a1111ual Administrative Assessments by more than five percent (5%) and such underestimate was not corrected by a timely and accurate Late Notice, then such Actual Initial Purchaser may demand, in writing, that Owner pay such Actual Initial Purchaser an amount equal to the difference between the actual amount of the Administrative Assessments levied and imposed by the District on such Dwelling Unit and the amount of estimated Administrative Assessments disclosed to the Actual Initial Purchaser in the CDD Notice calculated for the District's first three (3) fiscal years inmlediately following the closing based on the initial actual annual Adminisimtive Assessments.
Upon such demand by an Actual Initial Purchaser under this Section 1.4, Owner shall deliver the applicable amount to the Actual Initial Purchaser within ten
(10) calendar days after: (1) receipt of written demand, or (2) after the date Capital Assessments

and Administrative Assessments first become payable, whichever is later, unless Owner and Actual Initial Purchaser agree to another manner or time of payment. An Actual Initial Purchaser shall provide to Owner written notice of election of remedy in this Section on or before one (1) year after the earlier of (1) the date that Capital Assessments and Administrative Assessments first appear on the Actual Initial Purchaser's Combined Real Property tax bill for fue affected Dwelling Unit or (2) if such assessments are directly billed by the District and do not
appear on fue Actual Initial Purchaser's Combined Real Property tax bill, then fue date that such Capital Assessment and Administrative Assessments first appear on any bill sent to the Actual Initial Purchaser by the District for the affected Dwelling Unit. After the expiration of that year, Owner shall not be obligated to provide any relief to such Actual Initial Purchaser under tllis Declaration.
Nothing in tllis Section 1.4 shall be construed to relieve any Actual Initial Purchaser of the individual Dwelling Unit of liability for all lawful taxes and assessments including, but not limited tq, any tax liability resulting from Owner's payments to such Actual Initial Purchaser under Section 1.4.
Additional Disclosure through District Sign. Owner shall display at every entrance to a sales office or area, in a conspicuous location readily available for viewing by Prospective Initial Purchasers of Dwelling Units, a sign with information about the District. The remedy provisions discussed in Section 1.4 shall not apply to this Section. Such sign(s) shall be no smaller than twenly-four inches by 11:ri:tty-six inches (24" x 36"), and shall contain the following language in substantially similar fol'm in large, boldface type:
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT

PURSUANT TO CHAPTER 190, FLORIDA STATUTES, THE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE TAXES OR ASSESSMENTS, OR B011-l TAXES AND ASSESSMENTS, ON

THIS PROPERTY THROUGH A SPECIAL TAXING DISTRICT. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION, AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD IN ADDITION TO COUNTY AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BYLAW. TI-IE GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT EXPECTS TO ISSUE BONDS TO FINANCE A PORTION OF THE CONSTRUCTION OF REQUIRED PUBLIC INFRASTRUCTURE IN GRAND BAY AT DORAL COMl\1UNITY DEVELOPMENT DISTRICT. A PURCHASER OF PROPERTY IN GRAND BAY NORTH OR GRAND BAY SOUTH WILL BE OBLIGATED TO PAY ANNUAL ASSESSMENTS TO AMORTIZE THE DEBT AND FOR DISTRICT ADMINISTRATION, WHICH AMOUNTS ARE SEPARATE FROM THE PURCHASE PRICE OF THE PROPERTY AND OTHER ASSESSMENTS ON THE PROPERTY, AND WHICH MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME. TBE TOTAL ANNUAL ASSESSMENTS VARY IN RELATION TO THE INFRASTRUCTURE BENEFIT ALLOCATED TO THE PROPERTY ASSESSED, AND ARE EXPECTED TO APPEAR ON A PURCHASER'S PROPERTY TAX BILL EACH YEAR, BUT MAY BE BILLED DIRECTLY BY THE GRANDY BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT. A PURCHASER SHALL HAVE THE OPTION TO PAY IN FULL AT ANY TIME THE PRO RATA SHARE, AS ALLOCATED TO THE PURCHASER'S PROPERTY, OF THE TOTAL AMOUNT OF DISTRICT CAPITAL ASSESSMENTS DUE. FOR FURTHER INFORMATION ON THE GRANDY BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT AND A PURCHASER'S BENEFITS AND OBLIGATIONS RELATING THERETO, CONTACT [INSERT APPROPRIATE CONTACT INFORMATION]."

Inspection of District Records by County Representatives. Owner shall allow or provide for the District to allow County representatives to review all pertinent records in order to assess the overall performance of Owner in providing timely and accurate disclosure of estimated Capital Assessments and Administrative Assessments on Dwelling Units within the District. Prompt access shall be provided without prior notice of inspection by the County representatives, but only clming nomml business hours and without disruption of sales operations. The purpose of such inspection is only to determine Owner's overall compliance with the aforementioned notice requirements and such inspection shall not authorize the County to seek any relief provided under Section I.4, either on behalf of itself or on behalf of any Prospective Jnitial Purchaser or Actual Initial Purchaser.

Sole Provider of Water, Wastewater. and Reuse Service.	Ow11er . acknowledges and agrees that the Miami-Dade Co1mty Water and Sewer Department ("WASD"), or its successor agency or department, shall be the exclusive provider of water, wastewater, and reuse
service to all lands within the Property. Service shall be provided by WASD in accordance with its gene1·al policies and procedures for prnviding service throughout the County,
Ul Application for Multi-Purpose Special Taxing District to Maintain Infrastructure, The costs of maintaining the infrastfucture constl'ucted with funding provided throngh the District shall be the responsibility of the Distl'ict and its successors and assigns. In order to assure
that such maintenance is performed, however, on or before the recording of a final plat on any portion of the Propeity, Owner submit to the County, a complete application, including any necessary approvals from the jurisdiction in which the special taxing district is to be located, for the creation of a multi-purpose special taxing district to maintain the infrastructure serving the Property including, but not limited to, roadways, drainage, walls, a11d landscaping, as applicable, Upon approval of.the multi-purpose special taxing district by the Board, such taxing district may remain dormant until, in the sole and exclusive opinion of the Board, both the District and any homeowners' or similar association shall have failed to maintain the infrastructure serving the Property, as such failure is defined in any easement and/or covenant t'ecot·ded in the public records and governing the lnfrastructure or similar agreement provided by Owner, or in the absence of such easement. covenant or agreeme11t, as determined by the Board. Upon such determination, the Board shall authorize the activation of the multi-purpose special taxing district and cause the infrastructure to be maintalned at the expense of suoh taxing district. By this provision, Owner hereby atilhorizes the Board a11d its officials, employees, and agents to enter upon the Property if the special taxing district ls activated for the purpose of maintaining the ir1frastt'Ucture serving the Property, Owner

{00009876.DOC v,l)

14
/02--

further agrees. to apply, at the time of plat, replat, or waiver of plat, as applicable, to provide for an easement for the benefit of the County and providing that at any and all times during which the infrastructure or any portion thereof is maintained by the County, the public shall have a right of perpetual access and use in those portions of the Property on which the infrastructure is located including, but not limited to, the roadways serving the Property.
BENEFITS AND ENFORCEMENT.
The covenants set f01th in Sections 1.2, 1.3 and 1.4 shall nm and be in

favor of and to the benefit of Prospective Initial Purchasers and Actual Initial Purchasers of individual Dwelling Units within the Property, and their heirs, successors, and assigns, and shall
be enforceable exclusively by such persons. After an individual Dwelling Unit has been once conveyed to an Actual Initial Purchaser, no further notice shall be required to be provided by Owner to any purchaser of a Dwelling Unit if the same has been irnprov:ed with a residence. If a Dwelling Unit is conveyed as unimproved land, tl1en such Dwelling Unit shall not be deemed to have been conveyed to a Prospective Initial Purchaser or Actual Initial Purchaser, and all of the covenants set forth in Sections 1.2, 1.3 and 1.4 shall apply to the Dwelling Unit and any Owner offering such Dwelling Unit for sale to Prospective hlitial Purchasers.
The covenants set forth in Sections 1.6, 1.7 and 1.8 shall run and be in favor of and to the benefit of the County or any successor municipal government, and shall be enforceable exclusively by such governmental entity.
Enforcement shall be by action against any party or person violating, or attempting to violate, any covenants herein. The prevailing pruty in ru1y action or suit pertaining to or arising out of this Declaration shall be entitled to recover, in addition to costs and disbursements allowed by law, such sum as the Court may adjudge to be reasonable for attorney
(00010388.DOC v.1}	15

and paraprofessional fees and costs and expenses and trial and upon appeal. Ibis enforcement provision shall be in addition to any other remedies available at law or in equity, or both.
COVENANT RUNNING WITH THE LAND.
Ibis Declaration on the part of Owner shall constitute a covenant nmning with the land and shall be recorded, at the expense of Owner in the public records of the County and shall remain in full force and effect and be binding upon the undersigned Owner, and its successors and assigns, until such time as the same is modified or released. These restrictions during their lifetime shall be for the benefit of, and litigation upon, all present and future Owners of the Property and for the public welfare. Owner, on behalf of itself and its heirs, successors, and assigns, acknowledges that acceptance of this Declaration does not in any way obligate the County to undertake the construction or maintenance of any infrastructure or any other duty or obligation of the District.
TERM.
This Declaration is to run with the land and shall be binding on all parties and all persons claiming under it for a period of thirty (30) years from tl1e date thls Declaration is recorded, after which time it shall be extended automatically for successive periods of ten (10) years each, unless an instrument signed by the then Owner(s) of the Property has been recorded agreeing to change tl1e covenant in whole, or in part, provided that the Declaration has first been modified or released by the County.
MODIFICATION, AMENDMENT, OR RELEASE.
This Declaration may be modified, amended, or released as to the land hernin described, or any portion thereof, by a written instrument executed by the then Owner(s) of all of the Property, or of such portion as will be affected by the modification, amendment, or release,

(00010388.DOC v.l}	16
'

including joinders of any and all mortgagees, provided that the same is also approved by the Board, after public hearing.
Should this Declaration be modified, amended, or released, the County Manager or

successor official of the County, 01· the assistant in charge of the office in the County Manager's absence, shall forthwith execute a wTitten instrument effectuating and acknowledging such odification, amendment, or release.
ELECTION OF REMEDIES.
All rights, remedies, and privileges granted herein shall be deemed to be cumulative, and the exercise of any one or more shall neither be deemed to constitute an election of remedies, nor shall such exercise preclude the party exercising the same from exercising such other additional rights, remedies, or privileges.
SEVERABILITY.
Invalidation of any one of the covenants herein by judgment of Court shall not affect any of the other provisions of this Declaration which shall remain in full force and effect. However, if any material portion of the covenants herein is invalidated and such provision is not timely amended or replaced, or cannot be timely amended or replaced in an enforceable way with materially the same effect as the invalidated provision, the County shall be entitled to revoke any approval predicated upon the invalidated portion. It shall be Owner's obligation to apply for and diligently pursue any such application for amendment or replacement.
ACCEPTANCE OF DECLARATION.
Owner acknowledges that acceptance of this Declaration does not obligate the County in any mmmer with respect to the District, or wifu respect to any land use application on the Property, nor does it entitle Owner to a favorable recommendation or the approval of any application, zoning or otherwise, and the Board and/or any Community Zoning Appeals Board
(00010388.DOC v.l)	17	/OS

and other County boards, officials, and employees retain full authority to approve or deny such application.

[REMAINDER	OF	PAGE	INTENTIONALLY	LEFT	BLANK]

{00010388,DOC v.l)	18

JOINDER BY MORTGAGEE IN DECLARATION OF RESTRICTIVE COVENANTS
To Miami-Dade County, Florida:

!1

TI1e undersigned, FLORDADE, LLC, a Florida limited liability company, is the Mortgagee under those certain Mortgages and Security Agreements recorded in Official Records Book 22878, Page 4330, as modified and assigned; Official Records Book 24283, Page 1471, as modified and assigned; and Official Records Book 24379, Page 1927, as modified and assigned, all as recorded in the Public Records of Miami-Dade County, F1orida, covering all/or a portion of the Property described in the foregoing Declaration. This Joinder is executed for the purpose of acknowledging that the Property will be bound by the Declaration; however, the undersigned shall have no personal liability as a result of the execution of this Joinder.

		IN, WITNESS WHEREOF,
A£(llgmltll	, 2015.

/

these presents have been executed this/3'

6

FLORDAD

Print:

day of

-
.J, Ji	 r;	
Printorfr

Print or Type Narne

STATEOF	PL
COUNTY OF .,:J)711J.--	.	L
The :1'0;:p instrument was acknowledged before me by  //le 	, as
--LI}..-:_	i	of Fl?rd Li,c, a Florida limited liabilitycompany, on behalf of the company, this (J'-- day o /:Jfl, 2015, who is personally ]mown to me or who produced
	as identification.

Exhibit A
LEGAL DESCRIPTION

PARCELB:

A portion of Section 8, Township 53 South, Range 40 East, Miami-Dade County, Florida, being more particularly described as follows: •
COMMENCE at the Northwest Comer of said Section 8; thence S0ldeg43min29secE, along the West Line of said Section 8, for a distance of 2669.37 feet; thence N88deg16min31secE for a distance of 570.00 feet to the POINT OF BEGINNING of the following described Parcel of Land; thence continue N88deg16min31secE for a distance of 279.00 feet; thence S0ldeg43rnin29secE for a distance of 661.72 feet; thence S88degl6min3 lsecW for a distance of
65.00 feet; thence S0ldeg43min29secE for a distance of 45.94 feet; thence N89deg39min25secE for a distance of 65.02 feet; thence S0ldeg43min29secE for a distance of 152.38 feet; thence S88deg16minl 7secW for a distance of 279.00 feet; thence NOldeg43111il129secW for a distance of 861.63 feet to the POINT OF BEGINNING.

Containing 5.45 Acres more or less

ExhibitB
CDDNOTICE

...

Table 1.  ESTIMATED TOTAL ANNUAL DISTRICT ASSESSMENTS DUE PER DWELLING UNIT FOR EACH OF THE
DISTRICT'S FffiST THREE (3) FISCAL YEARS (actual aBsessments may vary from the nmounts set forth below and Operations and
Infrastrueture Ma' mtenance Assessmentsmny be .1lig'l berm'sbu seQuent:veal'S bdon acti:xal budgets adopted by the District)•

Type of Dwelling Unit (and Phase, if
Appllcable)	Estimated Annual District Capital Assessments Including Principal and Interest
(see Sections 3.1 and 3.2 Below)	
Estimated Annual Administrative Assessments (includes both Operations and Infrastructure Maintenance Assessments) (see Section 3.4 Below)	

Estimated Total Annual District Assessment.'l Due for taeh ofthe District's first three (3) fiscal years (irne Section 3.5 Below)	
SinllleFamilv Unit (65' Lot)	$2,200	108	$2.308	
Sil'IP-le Familv Home (40' Lot)	$2 025	$108	$2,133	
Clu&ter Unit	$1,750	$108	$1,858	
Towohome Unit (23' and 25' Lots")	$1 650	$108	$1,758	
Three-Story Unit	$1500	$108	$1,608	
Mid Rise Unit	$1.450	$108	$1,558	

Table 2 JlllEAKDOWN 01! ESTIMATED MONTllLY DISTRICT ASSESSMENTS FOR EACH OF THE FIRST THREE (3) FISCAL
YEARS (actual assessments may vary .fi·run the amounts set fo.rth below and Op rations and Infrastructure Maintenance Assessments mav be birr1•er in sub!l'eauent vears based on actual bud{rets adonte-d 1n, the Distrlctt

Type- of Dwelling Unit (and Phase, if Appllcoble)	
Estimated Monthly District OperA.tions Assessments	
Estimated	District	ltstimated Monthly ))istrict Capital Assf.'!sments (Estimated Annual .l>istrkt Capital Assessments divided by 1Z)	
		Infrnstrnctur(!Maintenance
AssCssments		
Single Family Unit (65' Lotl	$6	$3	$183.33	
Single Family Home (40' Lot)	$6	$3	$168.75	
Cluster Unit	$6	$3	$145.SJ	
Townhome Unit 123' and 25' Lots'	$6	$3	$131,50	
Three-Storv Unit	$6	$3	$125.00	
Mid Rise U it	$6	$3	$120.83	
ESTIMATED JNITIAL PAYOFF OF CAPll'AL ASSESSMENTS (does not inclade- interest on the bond principal due through fuo nextPaymontDate)AND ESTIMATED TOTAL PAYMENTS IF ANNUAL PAYMENTS ARE MADE OVER THE TERM OF THE BONDS

Type of Dwelling Unit (and Phase, if ApJJlicable)	Initial Estimated Prel_layment Amount to Fay offDwe-lling Unit's pro ratn. share o:l'District Bonds nt time nweUiug lJ:uit Closes (this ammrnt declines as principal payments a.re made rumually n.nd does NOT include Interest that" may be due through the next applkable bond payment date)	Estimated Total Capital Assessments including Principal and Interest if Capital Assessments are Paid Annually (No Prepaynumt) o1'er Thirty (30) yestrs (Estimated Annual District Capihtl Assessments times 30)	
Single Family Unit (65' Lot)	$32,219.05	$66,000	
SinglG Family Home {40' Lot)	$29,656.17	$60.750	
Clustor Unit	$25,628.79	$52,500	
Townhome Unit (23' and 25' Lots")	$24,164.29	$49 500	
Three Story Unit	$21,967.53	$45 000	
Mid Ri.se Unit	$21,235.28	$43.500	
PURCHASERS INITIALS

The District. All of the residential dwelling units ("Dwelling Units") in Grand Bay North and Grand Bay South (the "Development") are also located within the boundaries of the Grand Bay at Doral Community Development District (the "District"). The District is a local unit of special-purpose government organized and existing under the laws of the State of Florida and the Home Rule Charter of Miami-Dade County, Florida and located in Miami-Dade County ("County"). The primary purpose of the District is to fmance the cost of the public infrastructure of the Development which may include, without limitation, water and sewer facilities, environmental mitigation, roadways, the sUl'face water management system, utility plants and lines, land acquisition, miscellaneous utilities for the Development, as applicable, and other infrastructure projects and services necessitated by the development of land within the Development (collectively, the "Public Infrastructure").
PURCHASER'S JNlTIALS

The District Board. The Board of Supervisors of the District (the "District Board") is initially elected by the landowner in the District. The Board is required to advertise its meetings in advance and all District Board meetings are required to be open to the public. The Disttict Board is required to prepare a budget each fiscal year and adopt the same in an open, public meeting. All owners of property within the District are invited to attend District Board meetings and participate in fhe public process.
PlJRCHASER'S INITIALS

District Finance and Assessments. The current plan is for the District to issue bonds to acquire, construct, reconstruct, and equip all or a portion of the Public Infrastructure identified in Section 1. Currently, it is estimated that the Dwelling Units in the Development will be assessed based on the Capital and Administrative Assessments listed in Table 1 above and in Sections 3.1 and 3.4 below (if paid in November) to retire the debt of the District, to pay for operations of the District and maintenance of the Public Infrastructure. District assessments will·either appear on the County real estate tax bill of each property located within the District and vlill be paid at the same time as County taxes are paid, OI will be directly billed by the District. Capital assessments to repay the ptincipal portion of the bond debt could be levied by the District for a period ofup to thirty (30) years.
PURCHASER'S INITIALS

3J District Capital Assessments. The District expects to issue bonds (the "Bonds"), the principal of and interest on which will be payable from non ad valorem special assessments ("District Capital Assessments") levied by the District on the property within the Development, which property is found to be specially benefited by the Public Infrastructure. Each Dwelling Unit is subject to a District Capital Assessment to repay the bonds.
PURCHASER'S INITIALS

. 3.2 Amount. The estimated amount of annual District Capital Assessments including principal and interest levied on each Dwelling Unit is expected to be approximately
$2,200 for a single family unit (65' Lot)(approximately $183.33 per month), $2,025 for a single fan1ily unit (40' Lot) (approximately $168.75 per month), $1,750 for a cluster unit (approximately $145.83 per month), $1,650 for a townhorne unit (23' and 25'  Lots)

(approximately $137.50 per month), $1,500 for a three-story unit (approximately $125.00 per month), and $1,450 for a mid-rise unit (approximately $120.83 per month), which sum shall be payable armually for the term of the Bonds (the principal repayment period may not exceed thirty
(30) years). The aggregate amount of District Capital Assessments including principal and interest expected to be levied and imposed on each Dwelling Unit over the term of the Bonds is approximately $66,000 for a single family unit (65' Lot), $60,750 for a single frunily unit (40' Lot), $52,500 for a cluster unit, $49,500 for a townhome unit (25' Lot and 23' Lot), $45,000 for a three-story unit, and $43,500 for a mid-rise unit. •

	 PURCHASER'S INITIALS

Prepay Option. Each owner of a Dwelling Unit has the option of prepaying the aggregate amount of District Capital Assessments levied on the owner's Dwelling Unit. The prepayment amount at any time will be equal to the remaining outstanding pro rata share of principal and interest due through the next applicable payment date due on the bonds for each Dwelling Unit. Such prepayment arnount will decline each year as the District Capital Assessments are paid.

	 PURCHASER'S INITIALS

District Administrative Assessments. In addition to District Capital Assessments, the District will impose an annual non-ad valorem assessment to fund District operations and maintenance of its Public Infrastruci-ure (collectively, "District Administrative Assessments"). Each Dwelling Unit shall be subject to District Administrative Assessments. The budget from which District Administrative Assessments ar·e derived is subject to change each year, and may vary from year to yeai· and from time to time. During each of the first three
(3) fiscal. years of the District, it is anticipated that District Administrative Assessments for the Dwelling Unit will be approximately $108 per year per Dwelling Unil after which time such assessments may vary from year· to year and from time to time.

	 PURCHASER'S INITIALS

Dist1ict Assessments. District Administrative Assessments together with District Capital Assessments shall comprise the "District Assessments." While the District Assessments are not taxes under Florida law, the District Assessments will constiu1te a lien coequal with the lien of State, County, Municipal, and School Board taxes, and are expected to appear· on the ad valorem tax bill sent each year by the Miami-Dade County Tax Collector. The Homestead Exemption is not applicable to the District Assessments. Because a tax bill cannot be paid in part, failm-e to pay the District Assessments or any other portion of the tax bill will res11lt in the sale of tax certificates and could ultimately result in the loss of title to the Dwelling Unit of the delinquent taxpayer through the issuance of a tax deed. If billed directly by the District, nonpayment could result in foreclosure on and loss of title to the Dwelling Unit.

PURCHASER:	PURCHASER:

. PURCHASER'S INITIALS

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