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<br />10. Deferred Assessment of Imoact Fees. The City and the OwnerIDeveloper acknowledge <br />and agree that the OwnerIDeveloper will not be assessed for the impact fees for those capital improvements, <br />identified in Paragraph 9 above, until such time as the Subject Property is legally annexed into the City of <br />Casselberry as provided in Paragraph 4 above; provided however, that this paragraph does not, and shall not <br />be construed to exempt the Subject Property from special assessment authorized by Chapters 170 and 180 of <br />the Florida Statutes. <br />11. Deferred Pavment of Imoact Fees. Following the annexation of the Subject Property into <br />the City of Casselberry and upon written notice to the Owner/Developer, the Owner/Developer shall, within <br />thirty (30) days, pay to the City its impact fees as provided in Paragraph 9 above, or if agreed to by the City as <br />to number and timing of payments, begin to pay its said fees. If the OwnerIDeveloper fails to pay its said fees <br />or any payment within the thirty (30) day period, then the full amount shall be due, and the City, after ten (10) <br />days written notice to the Owner/Developer or its successors in interest, is hereby authorized to assess the <br />cost of the above-mentioned impact fees against the property described in Paragraph 1 above. The lien of <br />such assessments shall be superior to all others, and all existing lienholders and mortgagees, by their <br />execution of the subordination documents, agree to subordinate their liens or mortgages to the City's said liens <br />or assessments. Notice to the Owner/Developer and its successors in interest shall be deemed to have been <br />given upon the mailing of notice to the above-mentioned address. The right to assess the property as aforesaid <br />is in addition to any other right the City has for the collection of the funds due, whether legal or equitable. <br />12. Reclaimed Water. If applicable, the OwnerIDeveloper acknowledges and agrees to <br />comply with all reclaimed water system requirements as described in the City's Unified Land Development <br />Regulations and Code of Ordinances, including but not limited to the installation of internal on-site <br />improvements and extension of a reclaimed water connection to the existing City system. <br />13. Deferred Reclaimed Water Obliaations. The City and the OwnerlDeveloper acknowledge <br />and agree that the Owner/Developer will not be required to participate in the reclaimed system until such time <br />as the Subject Property is legally annexed into the City of Casselberry as provided in Paragraph 4 above and <br />reclaimed water is available to the property. <br />14. Utility Easements. So long as the easements do not materially interfere with the <br />Owner/Developer's use and enjoyment of the Subject Property, the Owner/Developer shall provide to the City <br />such easements and other legal documentation, in form acceptable to the City Attomey, as the City may deem <br /> <br />Annexation Agreement <br />Commercial and/or Residential Properties (greater than 1 unit) <br />Page 4 <br />