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Prepared by and return to: <br />Catherine D. Reischniann. Esq. <br />Carganese, Weiss & D'Agresta, P.A. <br />I'.O. Box 2873 <br />Oriando, FL 32802-2879 <br />FIRST AMENDMENT 30.T -H. DEVELOPMENT COMMITMENT AND VES'T'ED <br />RIGHTS AGREEMENT PERTAINING$ TO EDUCATIONAL SYSTEM <br />IMPACT FEES ONLY <br />THIS FIRST AMENDMENT TO THE DEVELOPMENT COMMITMENT AND <br />VESTED RIGHTS ACREEMl.NT PERJIAINING TO EDUCATIONAL SYSTEM IMPACT <br />F ,ES ONLY (this "Amendment") is i:nade and entered into this �+day of <br />_, <br />20M 9, by and between the CITE' OF CASSELBERRY, a municipal <br />corporation o�'ganized and existing under the laws of the State of Florida, whose address is 95 <br />Triplet Lake Drive, Casselberry, FL 32707, (the "City"'), and CONCORD DEVELOPMENT <br />PARTNERS., LLC, a Florida limited liability company, whose address is 1120 Florida Street, <br />Suite 700. Ss+niord, FI. 32773 (1"Owner"). <br />Rg C11 ALS. <br />WHEREAS, on April 9, 2018, the City and the Owner entered into a Development <br />onnnitnient: and Vested Rights Agreement pertainin-g to Educational System Impact Fees Only <br />"he "Agreement'`), which was recorded on May 18, 2018, in O.R. Hook 9135, Page 825, Public <br />Records of Seminole C'or.inty. Florida; and <br />WHEREAS, on April 23, 2018, City '�.esohib.on 18-3023 was approved to extend the <br />time period for obtaining a building permit for vesting purposes from 12 months to 18 months <br />consistent with Seminole County's amended ordinance: and <br />WHEREAS, the purpose of this Amendment is to extend the time period in the <br />Agreemcnt for obtai.d ing a btiildirig permit to 18 months, as per City Resolution 18-3023. <br />NOW 'I HERE 'ORE, for and in consideration of the foregoing premises, the mutual <br />covenants and agreements contained herein, and other good and valuable consideration, the <br />receipt and sufficiency of which are hereby acknowledged, the City and Owner agree as follows: <br />Recitals and ;xubits. The above recitals are true and correct, form a material <br />part of this Agre went and are, b-, this reference, incorporated in this Agreement as if fully set <br />forth herein. <br />2. Amendn-ic-nt. Soction 2, subsection b, of the Agreement is hereby amended as <br />follows, deletions being shown in strikethrough and additions shown in double underline: <br />Such rates ot-!11i3ed in subsectio i (a) above shall apply to the entire <br />