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Can you share what the report on NBC said please ? I don't see what it has to do with taxpayers at this point; and why would a municipality fall for that and 'punish' the taxpayers.
The political rulers here have a proven record of that! Just search for the Murdock boondoggle and you'll see what I mean.
well, according to today's paper (Charlotte Sun) it appears to be full speed ahead with this development..most of the properties needed have already been bought except for the minature golf place and a few others..you can see what was paid for each property bought in today's paper..they hope to have 300,000 visiters annually..
well, according to today's paper (Charlotte Sun) it appears to be full speed ahead with this development..most of the properties needed have already been bought except for the minature golf place and a few others..you can see what was paid for each property bought in today's paper..they hope to have 300,000 visiters annually..
well, according to today's paper (Charlotte Sun) it appears to be full speed ahead with this development..most of the properties needed have already been bought except for the minature golf place and a few others..you can see what was paid for each property bought in today's paper..they hope to have 300,000 visiters annually..
Doing my best to stay positive about this, as we haven't even moved in yet!
300k visitors is a LOT of people, a lot of incoming money and PC/PG is going to need a lot more restaurants and other stores. it will of course, be a lot more traffic.
Still, it's a lot of opportunity for entrepreneurs to open restaurants, shops and so forth. Which in turn, gives residents more options, especially in the summer!
I'm sure this can bring a lot of negatives, but I'm doing my best to stay positive. Fingers crossed emoji here...
Doing my best to stay positive about this, as we haven't even moved in yet!
....
I'm sure this can bring a lot of negatives, but I'm doing my best to stay positive. Fingers crossed emoji here...
Look at it this way....there's no Section 8 housing in there (at least I hope not!).
SUNSEEKER DEVELOPMENT, LLC, a Florida limited liability company ("Seller") acknowledges receiving as of the Effective Date from the undersigned Prospective Purchaser a reservation deposit (the "Reservation Deposit" or “Deposit”) in the form of a check, wire transfer, or other electronic payment, funds in the amount of $5,000 which shall be payable to, and held by, Farr, Farr, Emerich, Hackett, Carr and Holmes, P.A., as escrow agent, as required by Section 718.502(2)(c), Florida Statutes. The Reservation Deposit expresses Prospective Purchaser's interest in purchasing a unit in the proposed Bayshore Road Hotel Condominium to be located approximately at 23240 Bayshore Road, Port Charlotte, FL 33980, and to be marketed under the trademarked name, Sunseeker Resorts Hotel Condominium (as same may be renamed, the "Condominium"), which meets the parameters described below:
1 Bedroom Unit Starting at $650,000 USD
2 Bedroom Unit Starting at $850,000 USD
3 Bedroom Unit Starting at $1,100,000 USD
Prospective Purchaser understands and agrees that this is not a reservation for a specific unit, but rather provides Seller with guidance as to the type of unit that Prospective Purchaser hopes to acquire. This Reservation Agreement does not establish Prospective Purchaser’s priority for an opportunity to acquire a unit, nor assure that Prospective Purchaser will be given an opportunity to acquire a unit (or if provided an opportunity, any assurance as to whether the unit will satisfy the parameters described above). The exact unit, if any unit at all, will be determined by Seller, in Seller’s sole and absolute discretion, and Seller’s
determination will not be based on the order in which this Reservation Agreement was received. Seller makes no assurance as to the purchase prices of the units to be offered (and the actual price of the Unit may be more or less than the price range requested above).
Prospective Purchaser may cancel this Agreement by notifying Seller or the Escrow Agent in a signed writing at any time before Prospective Purchaser signs a formal contract for the purchase of a Unit (the “Contract”) (if one is even offered to Prospective Purchaser), whereupon the Reservation Deposit will be immediately refunded to Prospective Purchaser without qualification and thereafter this Agreement shall be null and void and of no further effect. Notwithstanding anything herein contained to the contrary, if Seller elects (in its sole and absolute discretion) not to offer a Contract to Prospective Purchaser, or if a Contract is submitted to Prospective Purchaser, then before both Prospective Purchaser and Seller sign and deliver the Contract, Seller may cancel this Agreement for any reason whatsoever (or for no reason), by giving written notice thereof to Prospective Purchaser and Escrow Agent, in which event Prospective Purchaser will receive an immediate, unqualified refund of the Reservation Deposit, and thereafter Prospective Purchaser shall have no claim of any kind against Seller.
The Reservation Deposit, must be payable to, and will be held in escrow by, Farr, Emerich, Hackett, Carr and Holmes, P.A., 99 Nesbit Street, Punta Gorda, FL 33950, in accordance with an escrow letter agreement between Seller and the Escrow Agent dated October 13,2017, which letter agreement is incorporated herein by this reference (the "Escrow Agreement"). Prospective Purchaser must receive a receipt for the Reservation Deposit from the Escrow Agent. Control of the Reservation Deposit shall be governed hereby and by the Escrow Agreement. Seller may name another escrow agent to hold the Reservation Deposit (in which case the Reservation Deposit will be transferred to that other agent upon Seller's written direction) as long as it is an escrow agent authorized to act as such by the Florida Condominium Act (Chapter 718, Florida Statutes) and approved by the Division of Florida Condominiums, Timeshares and Mobile Homes (the “Division”)
If a Contract is offered to Prospective Purchaser and Prospective Purchaser timely signs and returns the Contract to Seller and Seller then signs it and returns a fully signed copy of same to Prospective Purchaser, the Reservation Deposit will be automatically transferred to the escrow agent named in the Contract (if other than the Escrow Agent) and credited against the initial deposit required under the Contract. The Escrow Agent named above will not release the Reservation Deposit except (i) as provided in this paragraph; (ii) as stated in the Escrow Agreement, (iii) to Prospective Purchaser, if Seller or Prospective Purchaser cancels this Agreement, in which event the Reservation Deposit shall be immediately refunded to Prospective Purchaser.
The Reservation Deposit (together with deposits of other proposed Prospective Purchasers in the Condominium) will be placed, within seven (7) days following receipt from Prospective Purchaser, in a non-interest bearing account of a banking institution, the deposits of which are insured by an agency of the United States government. Notwithstanding anything herein contained to the contrary, in the event that any check for the Reservation Deposit (or any portion of same) is returned for insufficient funds, has payment thereon stopped or does not clear for any reason whatsoever, this Reservation Agreement may, in Seller’s sole discretion, be terminated, in which event, same shall be deemed null and void, and thereafter Prospective Purchaser shall have no claim of any kind against Seller.
Prospective Purchaser recognizes that this Agreement is only an expression of Prospective Purchaser’s interest in acquiring a Unit in a proposed condominium. Prospective Purchaser further understands and agrees that: (i) this Agreement is not an agreement by Seller to sell the Unit, (ii) this Agreement does not confer any lien upon or interest in the Unit or on the property upon which the Condominium is proposed to be developed, and (iii) does not impose any other obligations or liabilities on Seller other than to cause Prospective Purchaser’s Reservation Deposit to be deposited with Escrow Agent in the manner herein provided and to be unconditionally and immediately returned to Prospective Purchaser upon request of Prospective Purchaser and as otherwise provided herein. Seller may take any action and record any document pertaining to the Unit and the Condominium property as Seller may wish.
Prospective Purchaser shall not be entitled to assign this Agreement or its rights hereunder, if any, without the prior written consent of Seller, which may be withheld by Seller with or without cause (and even if Seller’s refusal to grant consent is unreasonable). To the extent that Seller consents to any such assignment, said consent may be conditioned in any manner whatsoever, including, without limitation, charging an assignment or transfer fee. Without limiting the generality of the foregoing, Prospective Purchaser shall not, without first obtaining the prior written consent of Seller (which may be granted or withheld in Seller’s sole and absolute discretion) advertise, market and/or list the Unit for sale or resale, whether by placing an advertisement, listing the Unit with a broker, allowing the Unit to be listed on the Multiple Listing Service or otherwise.
SELLER DOES NOT ACCEPT REFERRALS FROM REAL ESTATE BROKERS, AGENTS, OR OTHER THIRD PARTIES AND DOES NOT AGREE TO PAY COMMISSIONS IN CONNECTION WITH ANY RESERVATION OR CONTRACT FOR PURCHASE AND SALE UNLESS EXPRESSLY AGREED TO IN WRITING.
Prospective Purchaser represents and warrants to Seller (i) that Prospective Purchaser has not consulted or dealt with any broker, salesperson, agent or finder or other intermediary of any sort (hereafter a Broker”), (ii) that there is no Broker who can claim by, through or under Prospective Purchaser, (iii) that Prospective Purchaser’s expression of interest herein been not been procured by any Broker other than Seller’s sales personnel. Prospective Purchaser agrees to and shall indemnify and hold Seller harmless for and from any person or company claiming otherwise. Prospective Purchaser’s indemnity and agreement to hold Seller harmless includes, without limitation, Prospective Purchaser’s obligation to pay or reimburse Seller for all commissions, damages and other sums for which Seller may be held liable and all reasonable attorneys’ fees and court costs incurred by Seller (including those for appeals), regardless of whether a lawsuit(s) is actually brought or whether Seller ultimately wins or loses. Prospective Purchaser understands and agrees that, if a Contract is offered to a Prospective Purchaser, then at the time of execution of the Contract, no Broker shall be deemed a procuring cause of the Contract and that Prospective Purchaser shall be obligated in the Contract to indemnify Seller against any and all Broker claims unless otherwise agreed to by Seller in writing.
Seller has been granted a limited license to use certain Sunseeker trademarks in connection with the marketing and development of the Condominium. All use of the Sunseeker trademarks in connection with the Condominium will cease upon expiration or earlier termination of the licenses.
Prior to being in a position to offer a Contract (if Seller determines to offer a Contract) or lease agreement for more than five (5) years, Seller is obligated to file with the Division all documents required to be filed with it by Chapter 718, Florida Statutes and its rules and regulations. If Seller offers a Contract to Prospective Purchaser or a lease agreement for more than five (5) years, Seller also is obligated to deliver to Prospective Purchaser a prospectus containing those documents at that time. Prospective Purchaser's name, address and telephone number are more particularly set forth below and the information provided below is true and correct.
This Agreement may be executed in multiple counterparts. All counterparts so executed shall constitute one binding agreement. Each counterpart shall be deemed an original to this Agreement, all of which shall constitute one agreement to be valid as of the date on which this Agreement is first executed by both Prospective Purchaser and Seller (herein the “Effective Date”). Documents executed, and transmitted electronically and electronic signatures shall be deemed original signatures for purposes of this Agreement and all matters related thereto, with electronic signatures having the same legal effect as original signatures.
This Agreement may be accepted, executed or agreed to through the use of an electronic signature in accordance with the Electronic Signatures in Global and National Commerce Act ("E-Sign Act"), Title 15, United States Code, Sections 7001 et seq., the Uniform Electronic Transaction Act ("UETA") and any applicable state law.
I acknowledge receipt of this document. Please initial.
SUNSEEKER DEVELOPMENT LLC
Reservation Deposit Funding Instructions
Please indicate the manner in which you would like to fund your fully-refundable Reservation
deposit of $5,000:
☐ By check
To fund by check, please complete the information below and mail a completed copy of
this form along with your check payable to the reservation Escrow Agent “Farr Law
Firm” as follows:
Farr, Farr, Emerich, Hackett, Carr & Holmes, P.A.
99 Nesbit St.
Punta Gorda, FL 33950
Attn.: Sunseeker Deposits
941-505-9920 sunseekerdeposits@farr.com www.farr.com
☐ By wire transfer
To fund by wire transfer please use the instructions below. In the Wire Reference,
please include your Name as it appears in the Reservation Agreement and the Unique
ID on your executed copy of the Reservation Agreement.
SunTrust Bank, Inc.
18501 Murdock Circle
Port Charlotte, FL 33948
Credit to Farr, Farr, Emerich, Hackett, Carr & Holmes, P.A. Trust Account
ABA Routing Number: 061000104
Account Number: 1000076704534
Swift Code (for International): SNTRUS3A
If funding by check, please complete the information below, print out and mail to the Escrow Agent with
your payment:
Name of Prospective Purchaser( _____________________________
Unique ID on Reservation Agreement: _ ______________
Address: __________________________________________________ ___________________
Phone Number: _________________________
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Staying positive...
