'
.J	Ol'f'ICJA.L ll'll.E COPY
CI.EU:OF'l'Jm BOA.RD
OF cotlNTY COMMill!IIONERli ML\1,UwDAJ>E OOmn'Y, FLORIDA

(Public Hearing 03-18-08)

Memorandum  mMIAMaH• lA.OE

Date: To:

From:

February 5, 2008

Honorable Chainnan Bruno A. Barreiro
and Members, Board of County Commissioners
-·-	-	-

6

George Co	e

Agenda Item No. 5(D)

Ordinance-08-32

Subject:		Ordinance Crea.ting the Crestview West Community Development District (Commission District No. 9)

Recommendation

It is recommended that the Board of County Commissioners (BCC) adopt the attached Ordinance creating the Crestview West Community Development District (CDD), lying wholly within unincorporated Miami-Dade County, pursuant to the authority granted by the Miami-Dade County Home Rule Charter for the purposes set forth in Chapter 190 of the Florida Statutes, subject to acceptance of the declaration of restrictive covenants running with the lands within the jurisdiction of theCDD.

This CDD is located within Commission District 9 and  will provide funding for capital  improvements as well as multipurpose maintenance functions within the CDD.

Fiscal Impact/Funding Source

The creation of the Crestview West Community Development District will have no fiscal impact to Miami-Dade County other than normal maintenance of public roads, drainage, and water and sewer facilities dedicated to Miami-Dade County. CDD funding is provided by private CDD liens and assessments against affected property and may be collected privately or through the annual Combined Real Property tax bill pursuant to an interlocal agreement with Miami-Dade County.

Track Record/Monitor

The roads within this development are all public and are to be maintained by Miami-Dade County. A special taxing district has been created to maintain certain landscape areas within public roadways, and landscaped tracts should the CDD be dissolved or fails to fulfill these maintenance obligations. The special taxing district will remain dormant until such time as Miami-Dade County determines that the CDD is not providing service.

(

CDDI MASTER CDO ORDINANCE MEMO·GMB
J2/JU2007

.I.
Honorable Chairman Bruno A. Barreiro
and Members, Board of County Commissioners Page2

Background
-Marso!  One,. L.L.C .  owner of tlie Crestview  Wesr Development -CCrestview  West),  has  fifed -arr
application to create this CDD in connection with said development.  Crestview West is a  proposed
25.2 acre residential development lying wholly within unincorporated Miami-Dade County, in an area bounded by theoretical SW 158th Court on the east, theoretical SW 137th Terrace on the south, SW 162nd Avenue on the west, and SW 136th Street on the north. The CDD is designed to provide a financing mechanism for community infrastructure, facilities and services, along with certain ongoing operations and maintenance for Crestview West. The development plan for the lands within the proposed CDD includes construction of .114 single-family residential units with associated roadway, earthwork, storm drainage and water and sewer facilities estimated to cost approximately $5.683 Million. A detailed summary of CDD elements, as well as their cost and anticipated lack of fiscal impacts to government agencies,  is presented  in the attached application submitted by Marso!  One
L.L.C. In accordance with Florida Statute 190, Marso! One L.L.C. has paid a filing fee of $15,000 to the County.

A declaration of restrictive covenants has been submitted consistent with the requirements of Resolution R-413-05 adopted by the Board on April 5, 2005, and as amended by Resolution No. R- 883-06, adopted on July 18, 2006, to add language regarding the option to pay capital assessments in full at time of closing. The restrictive covenant provides for notice in the public records of the projected taxes and assessments to be levied by the CDD for the first three (3) years of its' operation, individual prior notice to the initial purchaser of a residential lot or unit within the development, and provisions for remedial options to initial purchasers whose contract for sale did not include timely notice of the existence and extent of CDD liens and special assessments.

The BCC is authorized by the Florida Constitution and the Miami-Dade County Home Rule Charter to establish governmental units such as this CDD within Miami-Dade County and to prescribe such government's jurisdiction and powers.

Assistant County Manager

CDD\ M,Ul1'.!t COD ORDINANCE MEMO-OMD
121Jlfl007

MEMORANDUM
(Revised)

TO:		Honorable Chairman Bruno A. Barreiro	DATE: and Members, Board of County Commissioners

March 18, 2008

FROM. l

SUBJECT:	Agenda Item No. S(D)
County Attorney

Please note any items checked.

 		"4-Day Rule" ("3-Day Rule" for committees) applicable if raised

 		6 weeks required between first reading and public hearing

 		4 weeks notification to municipal officials required prior to public hearing

 		Decreases revenues or increases expenditures without balancing budget

 		Budget required

 		Statement of fiscal impact required

 		Bid waiver requiring County Manager's written recommendation

 		Ordinance creating a new board requires detailed County Manager's report for public hearing

Housekeeping item (no policy decision required)               No committee review

3

Approved	'-'M"'a,.,_y=or
Veto		 Override	 	

..
Agenda Item No. 5{D)
03-18-08

ORDINANCE NO.	08-32

     	ORDINANCE GRANTING PETITION OF MARSOL ONE, L.L.C.,

---	("PETITIONER"JFOR ESTABLISHMEN"TtJF--,,t -eGMMlJNI'f-Y-- -­
DEVELOPMENT DISTRICT; CREATING AND ESTABLISHING CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT ("DISTRICT"); PROVIDING FOR NAME, POWERS AND DUTIES; PROVIDING DESCRIPTION AND BOUNDARIES; PROVIDING INITIAL MEMBERS OF BOARD OF SUPERVISORS; ACCEPTING PROFFERED DECLARATION OF RESTRICTIVE COVENANTS; 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 County Home Rule Charter grants the Miami-Dade County 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 County Charter authority to establish all governmental units within Miami-Dade County and to provide for their government and prescribe their jurisdiction and powers; and
WHEREAS, Marso! One, L.L.C., ("Petitioner") has petitioned for the establishment of the Crestview West Community Development District (the "District"); 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   Section 190.005(2)(b), Florida Statutes, and the applicable requirements and procedures of the Miami-Dade County Horne Rule Charter and Code; and

..
AgendaltemNo. 5(D)
Page2

WHEREAS, the District will constitute a timely, efficient, effective, responsive and economic  way to deliver  community  development  services in  the area, thereby  providing  a

-	-	-	-

_soll!tiouo the Co\111..Jy's_manning,_management  and financing  needs for delivery of  capital
·-	·-	-	-	·-	--	-	-	·-

infrastructure therein without overburdening the County and its taxpayers; and

WHEREAS, the Board of County Commissioners finds that the statements contained in the Petition are true and correct; and
WHEREAS, the creation of the District is not inconsistent with any applicable element or portion of the State comprehensive plan or the Miami-Dade County Comprehensive Development Master Plan; and ·
WHEREAS, the area of land within the District is of sufficient size, is sufficiently compact, and is sufficiently contiguous to be developable as one functional interrelated community; and
WHEREAS, the creation of the District is the best alternative available for delivering community development facilities and services to the area that will be served by the District; and WHEREAS, the proposed facilities and services to be provided by the District 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 District is amenable to separate special­ district government; and
WHEREAS, the owner of the property that is to be developed and served by the community development services and facilities to be provided by the District has submitted an executed declaration of restrictive covenants pledging among other things to provide initial purchasers of individual residential units with notice of liens and assessments applicable to such

d

AgendaltemNo. 5(D)
Page 3

parcels, with certain remedial rights vesting in the purchasers of such parcels if such notice is not provided in a timely and accurate manner; and
_	_	WHEREAS, having made the foregoing findings, after a public hearing, the Miami-Dade
-	-·	-·	·-	--	--	-·	-	-	--	--	-	-	--	-	-	--	-
County Board of County Commissioners wishes to exercise the powers bestowed upon it by Section 1.0l(A)(21) of the Miami-Dade County Home Rule Charter in the manner provided by Chapter 190, Florida Statutes; and
WHEREAS, the Miami-Dade County Board of County Commissioners finds that the District shall have those general and special powers authorized by Sections 190.0 I 1 and 190.012, Florida Statutes, and set forth herein, and that it is in the public interest of all of the citizens of Miami-Dade County that the District have such powers,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA:
Section I.	The foregoing findings, which are expressly set forth herein, are hereby
adopted and made a part hereof.

Section 2. The Petition to  establish  the  Crestview ·west  Community  Development District over the real property described in the Petition attached hereto,  which  was  filed  by Marso! One, L.L.C., a Florida corporation, on October  8, 2007, 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 (Exhibit A).
Section 3. The external boundaries of the District shall be as depicted on the location map attached hereto and incorporated herein as Exhibit B.

•

AgendaitemNo. 5(D)
Page4

Section 4.

Section 5.

The initial members of the Board of Supervisors shall be as follows:
Marcial Solis Wilfredo M. Acosta
-	-- ·---
Steven M. Pena-
Luis 0. Rodriguez Maria H. Arana
The name of the District shall be the "Crestview West Community

Development District."

Section 6.	The Crestview West Community Development District is created for the

purposes set forth in Chapter 190, Florida Statutes, pursuant to the authority granted by Section I.0l(A)(21) of the Miami-Dade County Home Rule Charter.
Section 7. Pursuant to Section 190.005 (2) (d), Florida Statutes, the charter for the Crestview West Community Development District shall be Sections 190.006 through 190.041, Florida Statutes.
Section 8.    The Miami-Dade  County Board of County Commissioners hereby grants to the Crestview West Community Development District all general powers authorized pursuant to Section 190.0 II, Florida Statutes, and hereby finds that it is in the public interest of all citizens of Miami-Dade County to grant such general powers.
Section 9.    The Miami-Dade County Board of County Commissioners  hereby grants to the Crestview West Community Development District the special powers authorized pursuant to Section 190.012 (I), Florida Statutes and Sections 190.012 (2) (a) (d) and (f), (except for powers regarding waste disposal), Florida Statutes and Section 190.012 (3), Florida Statutes, and hereby finds that it is in the public interest of all citizens of Miami-Dade County to grant such special powers; provided that the District's exercise of power under Section 190.012(1)(b),

7

•

AgendaltemNo. 5(0)
Page 5

Florida Statutes, pertaining to water, waste water and reuse water services shall be pursuant to that Declaration of Restrictive Covenants submitted to the Board of County Commissioners in

Section I0. All bonds issued by the Crestview West Community Development District pursuant to the powers granted by this ordinance shall be validated pursuant to Chapter 75, Florida Statutes.
Section 11. No bond, debt or other obligation of the Crestview West Community Development District, nor any default thereon, shall constitute a debt or obligation of Miami-Dade County, except upon the express approval and agreement of the Miami-Dade Board of County Commissioners.
Section 12. Notwithstanding any power granted to the Crestview West Community Development District pursuant to this Ordinance, neither the District nor any real or personal property or revenue in the district shall, solely by reason of the District's creation and existence, be exempted from any requirement for the payment of any and all rates, fees, charges, permitting fees, impact fees, connection fees, or similar County rates, fees or charges, or special taxing districts special assessments which are required by law, ordinance or County rule or regulation to be imposed within or upon any local government within the County.
Section 13.	Notwithstanding any power granted to the Crestview West Community Development District pursuant to this Ordinance, the District may exercise the power of eminent
domain  outside  the  District's  existing  boundaries  only  with  the  prior  specific  and express
I
'!
approval of the Board of County Commissioners of Miami-Dade County.	l

Section 14.	This Board hereby accepts that Declaration of Restrictive Covenants proffered by the owners of the lands within the jurisdiction of the Crestview West Community

Ordinance 08-32
Agenda Item No. S(D)
Page6

Development District, in connection with the petition submitted by Marso! One, L.L.C. and approved herein.

--

Section 15.	If any section, subsection, sentence, clause or provision of this ordinance
--	·--	-	--	--	..   --	--	-	--·
is held invalid, the remainder of this ordinance shall not be affected by such invalidity.

Section 16. It is the 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 17. 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: March 18, 2008

Approved by County Attorney as to form and legal sufficiency:

Prepared by:

Gerald T. Heffernan

9

CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

CONTENTS

PETITION FOR ORDINANCE	6 pages

Exhibit I Exhibit 2
Exhibit 3 Exhibit 4A Exhibit4B Exhibit 5

Location Map Legal Description
Consent & Joinder- Marso! One, LLC.

Estimated Infrastructure Construction Time Table Construction Costs Estimates
Public Private Uses Map

Exhibit 6

Exhibit 7

Exhibit 8

Exhibit 9

Exhibit 10

Exhibit 11

Statement of Regulatory Costs District boundaries Map
Resumes of Proposed Supervisors Opinion of Title
Joinder and Consent of Mortgagee

Surveyors Certificate of Legal Description

8 pages

7 pages

5 pages I page

PROPOSED COVENANT

Exhibit A Exhibit B

Legal Description CDDNotice

I page 3 pages

SXHll"B'IT • A" TO THE ORDlNA!")OE

Contents

PETITION FOR ORDINANCE

FOR

CRESTVIEW WEST
COMMUNITY DEVELOPMENT DISTRICT

October 8, 2007

Prepared by

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, Florida 33410

561-630-4922-Tele
877-737-4922-Toll Free
561-630-4923-Fax

P,uuon
I I

IN RE:	AN ORDINANCE TO ESTABLISH	)	
	THE CRESTVIEW WEST	)	
	COMMUNITY DEVELOPMENT DISTRICT	)	

PETITION
- -----	 	
Petitioner, MARSOL ONE, L.L.C. ("Petitioner"), hereby petitions the Miami-Dade County Commission to establish a Community Development District ("District") with respect to the land
described herein and in support of the Petition, Petitioner states:

The proposed District is located within the unincorporated area of Miami-Dade County, Florida. Exhibit I depicts the general location of the project. The proposed District covers approximately 25.2 acres of land. The metes and bounds description of the external boundaries of the District is set forth in Exhibit 2. There is no real property within the external boundaries of the proposed District, which is to be excluded from the District.

Attached to this Petition as Exhibit 3, and made part of this Petition, is the written consent of 100% landowners of the property.

a) Marcial Solis	2627 S. Bayshore Dr.,#2904	Miami, FL 33133	
b) Wilfredo M. Acosta	158 Northeast I JO'h Street	Miami Shores, FL 33161	
c) Steven Pena	520 Brickell Key Drive, #719	Miami, FL 33131	
d) Luis 0. Rodriguez	14619 S.W. 991 Street	Miami, FL 33186	
e) Maria H. Arana	14428 Southwest 461 Terrace	Miami, FL 33175	

The five persons designated to serve as initial members of the Board of Supervisors of the proposed District are as follows:

h

h

The proposed name of the District to be established 1s Crestview West Community Development District ("CWCDD).

There are no existing major trunk water mains, sewer interceptors or outfalls currently existing on the site.

The proposed timetable for the construction of District services is shown on Exhibit 4A and the estimated cost of constructing the services, based on available data, is shown on Exhibit 4B. These are good faith estimates but are not binding on the Petitioner or the District and are subject to change.

Petitioner is in the process of developing the project as a residential community. The proposed uses for the land within the District are 114 single family residential units. The proposed uses for the land included within the proposed District are in compliance with the Miami-Dade County Future Land Use Elements. The Miami-Dade Master Plan and Future Land Use Element designate the land contained within the proposed District for low density

F<1i1ion
/2

residential. The future general distribution, location and extent of public and private uses of land proposed for the area within the District are shown on Exhibit 5.

--	 	

Exhibit 6 is a Statement of Estimated Regulatory Costs prepared in accordance with the
_requirements of Section 120.541, Florida Statutes.

Exhibit 7 is the boundaries map of the community development district.

I0. Exhibit 8 contains the resumes of the proposed Supervisors of the District.

Exhibit 9 is a copy of the current Opinion of Title.

Exhibit 10 is a Joinder and Consent of Mortgagee by the landowner of the property.

Exhibit 11 is a Certificate of the legal description certified by the Surveyor.

Petitioner hereby request that the proposed district be granted the right to exercise the powers provide for in Sections 190.012(1), 2(a) and 2(d); Florida Statutes, as amended.

The	Petitioner	is	MARSOL	ONE,	L.L.C.,	whose	address	is	16533	SW	59th Terrace, Miami. Florida 33193.

The property within the p"roposed District is amenable to operating as an independent special district for the following reasons:

Establishment of the District and all land uses and services plarmed within the proposed District are not inconsistent with applicable elements or portions of the effective Miami-Dade County Comprehensive Development Master Plans, as amended.
The area of land within the proposed District is part of a unified plan of development for which a development plan has been approved by Miami-Dade County. The land encompassing the proposed District is of sufficient size and is sufficiently compact and contiguous to be developed as one functional interrelated community.
The community development services of the District will be compatible with the capacity and use of existing local and regional community development services and facilities.
The proposed District will be the best alternative available for delivering community development services to the area to be served because the District provides a governmental entity for delivering those services and facilities in a marmer that does not financially impact persons residing outside the District and provides a responsible perpetual entity capable of making reasonable provisions for the operation and maintenance of the District services and facilities in the future.

2

•

WJIEREFORE, Petitiouenespeetfullyrequests the Mintni;Dade Co1,111ty Commission to:

I.		Hold a public hearing as required by Section 190.005(2) (b), Florida Statutes to consider the establislunent of the CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRJCT and;
Adopt an ordinance pursuant to Chapte1· 190, Fforida: Statutes, gra11ti11g this Petition and
establishi,tgthe CRESTVIEWWESJCOMMUNITY DEVELOfMENT D1sTRICT.

tt/-

EXHIBITS
CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

PETITION FOR ORDINANCE

Exhibit I	Location Map

Exhibit 2	LegalDescription

Exhibit 3	Consent and Joinder-Marsol One, L.L.C.

Exhibit 4A	Estimated Infrastructure Construction Time Table Exhibit 4B	Construction Costs Estimates
Exhibit 5	Public & Private Uses Map

Exhibit 6	Statement of Estimated Regulatory Costs Exhibit 7	District Boundaries Map
Exhibit 8	Resumes of the Proposed Supervisors Exhibit 9	Opinion of Title
Exhibit IO	Joinder and Consent of Mortgagee Exhibit 11	Surveyors Certificate of Legal Description

PROPOSED COVENANT

Exhibit A	Legal Description

Exhibit B	COD Notice

,-;

r..1i1i0fl

•

EXHIBIT 1
LOCATION MAP
CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

•------··~1

i
I,
\

l'eli1W<I - f.\l,ihit I

J /.tJ

•

EXHIBIT2 LEGAL DESCRIPTION
CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

nwre

.l"ARCJtL Ir All thatj>lll1Mm otlhi:\VIiii 1ll of the Ea,r 1/2 ofScetlcm 20, ToW111btpfl Sol.Uh, Ra.111p 39 East, Ml11ml•Dade Ce11iaty, ll'lorilfa l)fii1 Ne1·th of die St11b0Ard AirllDll R11 Company tiJIU of way. ALSO DOWN AS: All !bat l)llrtioa t1l'lbe Wm 1/lo£1hi:a hat l/2 of SectloB 20, Towmldp SS South, ltilage Jf,l1:J!1t, MJ1111M>,au Coo11.ty, Fwrida, kt ffllGrdancc: wUb th1t1ilm!)' prl!f>&l'ff bySdrwcbka-BJuBkm& A.JJudates,lne071111d 11r•      No.SD•l '4  A.J., 11nd l!amt on that eartatn Agrml l11ul laqment, rellQnJed :In Offldal lwmds Book 15074. l'ap111144,oflbeP!lbllclletol'd!lot  PueCClwtty,lllffid•,fJlqN(lrdiofdleSeati1111nl Airline Rallruad CIIIDJl!QY rlJht efwny, :mi p!IJ'dcullrly delcribtd .. [olh>w8: Begin at the Nordllmt comm- If thewen112oftlle1tut 1.1.2 of md Seelioa10,a«0rdl111to NldAP'ffll l\'.bi:il ,nd_ppem; tllelict run Nilrth B6°it'38" East llltmg.tlu) Non.II tine of said11% of CH
Bait11'2 ofsaid-fl:on 2fti flffllrdlng «i illld J\p'ffd!lfnlil11.dpillillt,fw• adhtanc,earl,423..9S
fttt to fflt.NorlbtMt wra ofOc Wtlll/Z oftlm:Ea,t 1/2 oJ'Kid Stttio.a:20,acr:onlo10>md ApedJi1ut Jitd&mibt; tflp mu8o11.tla G.2'21' 12"  .Rajaleng die Eut  lmeol'satd -we.t lti   of tl&c East 11'1 of nkt Sedion 1,0, 8.C!m'lflllff to 11illd Atrudllina1Juclgmeut; tor a dlstmll!l!of
US.SO flillt to11p(lbrt 011 Hae North·light Wffllf Im.of lldd Snhoanl Al.rfllle	O.eace l'U.11 SQQlb 88'118" 59" Wm  alODI Did North right of way )ht,e1M" ii duhmC41ofl,'1;24,ti feet to ii pGiDt on the lllllreed \Vest Ihle oftMIWelt JJ2 oftho&isf lllof PWSedlCln 2(1,flliimi North QZ'lS' it"    Wat iJloq nld	Wat •• 1.1'.f the West Ill of tlfflEast 111-or Hkl SeelliW 20, d.\flglOsaid.A;:rl!llli Fh!al JudJm,enC[M a distaDEIIof -'Jfeet lotli.1'1hmtofB9111Wg.
PARCEL 2:Uiat p11rdo.1 of the,East·11% of the &!u 1/l of SflCtio.n %0, Tom11blp 55 S.llth,
Rflnge 39 E115t. MJIIDJ.Dadc, Co11nty, lil'IIIHida, lo ammlibM with thl!t mrvey prepand I))'
!Jchwcbke.shhklJi & AGodata, be.,under Ftle No SD•U6 .A.r., alld l,U!!d oa that ffl'iaill
Agrtcd li'fu:al  dJmeot. reeor&d Iii Offidal RffGfds Book 15D74, ....1044. of tm Plilt.ilic
11	of Mmml sl)ad,e Ctllafy, Fli!rida, billg Nordl of 1111: 6e•boanl A!rlbte RaUroad Cwrp111j1 rilJat 111f waf, and more particularly d	as :	Begin at the agreed ['fonllwflt comw of flle East Vl of illt:Kut 1121.l'.f wtl Seedon 20, aecerdmg to1ak1 A.gmd ll'm.t Jll.dpie.nt; Hlence nm N<ll'tla 86'20' 33" 111001 die Not1h line of said E8'l Ul of1be tut  11.1of ,aid&ietlDll lO, ill«Ordlq to tal.d Agru(I          J    t,for a distaoce of 563.8! feet; tbenee mn South 02'?7' lt" El!BC. for ii dfstan a af.583..0 feet to a point oo the Nwtb 1gbt of way llli.e of ■ai !lSeaboard Airline .ad; lhimcf: a Soulti 88'03' 5!1"' W 1W1Q1 1llld Nwdi right of way line for a dl,tao ot568.7tt fMlt to a point on tbe liiffi!d West H!te_ of hll l£fft 1/'i ortheEmf l/2sf a!ll!l Sectl4!'D 101ihootct North 01"27'12'' Wes! ill11n1 l!!!lid agre,ecl Wat  l e   of t    East ill  of the llan ln of Silld Sctt&m 20, iwriordmg to said	Fi11al ludJl rJ.'l, tor ll dlstrun:• of 50 It!¥! to the Pobd of Bl!>l!UIDWP,

/7

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EXHlB!T3
AFFIDAVl1' OF QWNERSlfll> AND CONSEN't TO TIIE CREATlON 01<' THE
CRES1'VIEW WEST COMMUNITY DEVELOPMENT DISTRICT

STATE OFIDJRIDA
COUNTY OF MIAMI-DADE	)
/	
Onthis&',Z dayof-"" m  2007,  per llally  appeared  before me, mi officet duly 11utn.Qri'l:C'd to dministet (laths and tilke ael,.nowledgmems, Maocial Solis. who aftel'beh1g duly sworn, deposes and says:

Uc

J . Affiant, Mllrciill Solis, a1i individbal, is the Genw<ql Manager of MSA Ceswtviw it II Florida limited liability Coniplll)Y, who is a managing 01e)lilier ofMi!rsol Que, LLC.
2'. The Marso! One; LU::.. a Florida Limited Liability Company, is the owner of tl1e fullowit1g desedbed pmperty, to wit:

Sec Exhibit "A" attaelted l:(e1-eto (the "Prope1'ly"J

Affiant Marcial Sol1!;, hereby represents that he has .full authority to exooute all documents and instruments on behalf of tlie Company, iucludit1g the Petition before the County CommissiQu ot: Mian.ti-Dade Couufy, Florida, to
e11act. a11 ordma11ee to establisli t11e Crestview West Cotnmun.i!Y Development
.Q	(tlie "Pmposed COD").
The prope1ty teptesents all of the realprope1ty to be inolm!ed in the Proposed
CJ)D..

<l:f(dill

FURillH :::::NOT

Affiant. Marcial Solis 011 be.half of Marsol One, LLC as the owuer of the prope11y In the capacity desoribed above; l1eteby consents te the establishment

arcial So.tis

Subscribed a11d sworn to before me this .:/.S I-A
Msx:c.i ,.J S" l.is
appeared before me, and is personally known.

day o.f

Spp.Te»t b-er ,2001 by _

wbo	personally

r<j

I •

EXHIBITA LEGAL DESCRIPTION
CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

.fARCEL Ir All 1hat pordcm ,of lb,:, w 112 o:f 1be East 112 orSUdoD ZO, Towualrip 55 South. Ba1ge 39 E1&t, Mlaml•Dade Cauaty. l!kide!a, b'h!1 Nortl of lie	Airll°" lQi ad Company rflht of Willy. Al.SO KNOWN AS: Al)  dl .t port11111 ot'lhe Wm 11'1ott!fist :W o:f s«tkm ZO, Towml!Jp Sil Son Raage ,9 East. Mfaml-l)ade County, J\'loridJi, lat acctrdante wldl  th  hw-vey  preparwb)'Sdiwcbb-lillidda  &A1111odl1t11,b  udci'FlloNo.W•l3G  A.J,. and !!Qed <1n that ,:.ertain AlffldFlnAI l11q1nmt, nllllrd'.ed 111 Oflklal		Book J5Q74, hp.Ul44,oflllePullcRc&Wiltof DtjdeCQUlil1y,MQfflla,M1141No111iofttleSam1111nl
A.Jrlhle Rltlniad C11mp,1WY rll,IU •fWAY, 811.d DU1re p!lltklllarl.f dtsciibEli•		Begin at tmNmbwt1tco.mN'GftheWNll/'2ortlle.Eutlllo:fnldSectln10,AC4)0ritingtosald.Agrffll        F.llitl hdJ,meD1J tlloce run Nlirth IJ6"l(l'38" Eur IIO:Dg	l(Qrc1!fl11e orsi.fd \V•	112 o:f ill E11U/2    otardd.   2&.aceerdlngtoilllldJ\pwdFuudJl.dgment,tw    adbtanuoU,!123.95
{fltC9 l!t Norlfli!Ut Ciil'IIW oftu Wai tn oflkc But Ila ot1111d Scdio•10.:acronlm1 flJ1ald
Agreed Firult Jladgment;1fl811tle ru11 Sn.th Gl"21' 12" l:qf alen,1 die Eut.ltileof said We,t l/l of CM Elllt 111 of Af4 Seetiiiia 20,   113t.1111d Agrud lltna1J11qlllfllt, for ii dlatmice of 56S.SO:feat to a point on the North l'lgbt oflf!!f lhleof said Snhoard.Ad!'llaeRaff tlttm.cl!
l'IU! Sooth 811'ilt' 59" Wll¢aloa!J ntd  North rfchi of way lie  tC>t" a dutaum of'J;4:W.tS feel to
a fGlntim the agreed Watlbutoftbe< Wflt 1/2 ofllioEui l/!afQW.SeeUoll 20, No,tb fll":lS' 20" Wut allllltl1114 a,ned Wot liac of tbe Wut l.12 ottbeEast 111llf ,114 Secllo1120. acffldlDgtooldA&n,cdJibMli.Jud1me111foradbtam:11afffl,Cilfmtotkcl'oiatofB11p1um•

PA!lC£L  2:That p1rdu. ofthe East Iii  of  tl!e Em 111ol S	10, Tvwutldp :55 South, Range 39 Em. Mlum-o.de Oollllt,, !lllarida, Ip rdllillffl with tTu!t mvey prep11recl b)' Sdiwebke.Shlmh1& Awod11ta, ln.c., muler JJ1"1N4 SD-136 A..1-. a114 bad	011 Hurt certata Aartcd l1inal J11ul11Dffll; rocooded In Oflidat Reoords &o1( 15074, Pap 11.1'44. of Ille Pulic lfflonl11 of Miami -Dade Councy, li'lllrida, Jyl;g Nardi of 1h11 SaabomJ AirlJ11e RAUtMtd Compt.., ript of way, and mo11t partimJuly demibed u toltmv4; Begin at t11e agreed . NorOwcst comer o:f tile Batt1/'J. t>f tilt Ent 111 of P.td Seeltl'.m 20.allCOl'dblJ to Hld Agreed Fmlil Jlldpitntl tllenct n111 North 86'20' 38" Eut lll1;1q dle Nonh llu of aald.Eart11l9ftbe
Ill ot ta14 l!ieetloa 20, llffill'dlq to uld Ag...:i ll't!Ull.Judgmcat, fDI' a diltaaceofM.ti [(!ff; lbmec nlll Souh 0%'%7' U" Eflll. ror fl d!lataat.1e or!8),4) feec 10 I pa.int OD the No;rffl lit of way llJU: of 111id Staboard Atrlblt ;	them:11 l'l!D Sovl:li 8i1118' 5!1'' Wm a1oD,g raid North right of wayHae for• dJstame of 568..71'i fat   to  a,.,on dieli#tMi'I West Jble of
bl) Eut 1/l of theEmf Ill of allld Sec®ll:WI Clionte North IU'l7'12" 'West aloo1l$l!id11&rffll iVnt l!»e of 1hc East !1.12 of the Jt	f/2 orsnfd &tilOJ1 20. aeeontfng to aaid	t,paJ
lud11 -. fora dlslanuof 56J.50 !\let to aul'omtO:f BndualH.	

l'<tlt ,n - Exh1bi1 l

11

EXHIBIT4A.
GOOD FAITH ESTIMATE
EStIMATED INFRASTRUCTURE COJIIS'I'RIJCTION TIME TABLE C:MStViEW WEST COMMUNITY OEVELOPMENT OiSTRICT

	
EARTHWORK.	NOVliMPeit 2007		MARCH 2008	
WASTEWATER SYSTEM	FBi3llUARY2008 
WATER SUPPLY SYSTEM	FEBR\JARY1.60(	. .	. MAY2008
MAY 20M	
SURFACE WATER MANAGEMENT	MARCI:! 2()08		Jl;JNE 2008	
ROADS ANiJPAYING	MAii.CH 2008
_!)FFSIT!l HvWROVEMENTS	FEBRUARY2(l08
_hANDSCAPING	SEPTEM\3ER2008		. ./UNB2008
JUNE2008.
01lCEM81iR 2008	
ENTRANCE ):'EATU:RES	$f!PTE¥BElt2008		DECEMBER 2008	

.•· ..•	,  .· OYElMlitft.\ .·•··.·.••.··..··..·	..  Sl' Rffil&Tk.:...•. ,ooMet1i\mnt\fi.t:

Mu..,,,--hl.,t-111.1.

EXHIBIT4B GOOD FAITH ESTIMATE
CONSTRUCTION COSTS ESTIMATES CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

LAND ACQUISITION MITIGATION EARTHWORK WASTEWATER SYSTEM WATER SUPPLY SYSTEM
SURFACE WATER MANAGEMENT ROADS AND PAVING LANDSCAPING
ENTRANCE FEATURES
TOTAL ESTIMATED PROJECT COSTS

$	750,000
0
0
5
9
4
8
0
0
6

$	5,683,14

50,00

$

$	230,00

888,89

$

503,68

$

520,32

$

$	1,128,23

$	1,012,00

600,00

$

Z,l

EXHIBITS
PUBLIC AND PRIVATE USE MAP

-l'•_!) ·

,.

-../

CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

ADOPTED 2015 AND 2025
LAND USE PLAN •
FOR MIAMI-DADE COUNTY, FLORIDA
RESIDENTIAL COMMUNITIES

:. ::v

fliK ==DBQTY

-	ESTAn  :.ITY	IEDR)t-UOU'AC

-	MEDIUIDfNSITY	{MORI 1 25D.»'AC
--	11£'01W-l'IGJ1ceHSITY  (MHCA)2S«IDWAC
-	KGt!DENSITY	(HDR)5(H25DU/A(:.0Rr.lOR6GAOOS
l!llllilll  ESTATI! DfNSITYWI ONE.OENSnY JN.Cf£ASE (U-1)
LOWDEHSITVVRONl!CU1$1TYIN l;(Ol-f)
LO'l'I-WEOIU!l!DENSITY Wla-lE.oeNSITI' {W-1) li'iEDlt.MDENSJfYWfCN!! DENSITYINC:ReASe([».1) 'JWODelSITY! wn11UMANDeSIGH(Cl-2J
INDOOTRIAL AlfOCf'flCE
,/.ii<;   RESTIUCTm lffOllSTRAL Am OfFICE
-	euslt«SSANDCfflCE
;:" Ol'J'JC !ov.TIAL
-	lt«ITl UTlt.fTIES,Al'DCOW'.U<ICATICNS

--

-	PARl(S A.OORECR TION
-ACl'lla."'TIJRf:
l;;.t	OPEN I..AIC)
--	ENVIRONr,Etl'ALP I
i	-	EtMRONl',11:HTAU.Y PAOll':.CTCD PARKS

mAN'GPORTATlOH [ROW, RAIL,, lf.ETRORAIL, ETCc) TEW.IHALS
e   el'J$TJHGRA.P'CI TIW"ISIT C	m., RA?tOTRANSIT

-EXPRESSWAYS
-	r.1-"JO>l  ADYIAYS :  .:>A f.lC-fl! UttESJ
---	rAIHOR ROAC,WAYS(2t.AN£9)

EXHIBIT6

CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

Statement of Estimated Regulatory Costs

October 8, 2007

Prepared by

Special District Services, Inc.
250IA Burns Road
Palm Beach Gardens, Florida 33410

561-630-4922 - Tele
877-737-4922-Toll Free
561-630-4923 - Fax

STATEMENT OF ESTIMATED REGULATORY COSTS

Introduction

Purpose and Scope

This StatemeRt af Estimated Regulatory Costs ("SFRC") supports the petition to establish the Crestview West Community Development District ("District" or "COD"). The District comprises approximately 25.2 acres of land located in the unincorporated area of Miami-Dade County, Florida. The limitations on the scope of this SERC are explicitly set out in Section 190.002(2) (d), F.S. (governing District establishment) as follows:

"That the process of establishing such a district pursuant to uniform general law shall be fair 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 or relevant (emphasis added)."

Overview of Crestview West Community Development District

The District is designed to provide district infrastructure, services, and facilities along with their operations and maintenance to a master planned residential development containing 114 residential dwelling units within the boundaries of the District.

Requirements for Statement of Estimated Regulatory Costs

Section 120.541(2), F.S. (1997), 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 rule.

A good faith estimate of the cost to the agency, and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state and local revenues.

A good faith estimate of the transactional costs likely to be incurred by individuals and entities, including local governmental entities, required to comply with the requirements of the 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 of equipment required to be installed or used or procedures required to be employed in complying with the rule, additional operating wsts incurred, and the cost of monitoring and reporting.

2
2'f

1.t"ir-::..
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. Miami-Dade County ("County") is not defined as a small County for purposes of this requirement.

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 paragraph (1) (a) and either a statement adopting the alternative or a statement of the reasons for rejecting the alternative in favor of proposed ordinance.

"Note: the references to "rule" in the statutory requirements 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, together with a general description of the types of individuals likely to be affected by the ordinance.

The Crestview West Community Development District seives land that comprises a 25.2 acre residential development to be made up of an estimated 114 residential units. The estimated population of the District is 285. The property owners in the District will generally be individuals and families.

A good faith estimate of the cost to the agency, and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state or local revenues.

There is no state agency promulgating any rule relating to this project that is anticipated to effect state or local revenues.

Costs to Governmental Agencies of Implementing and Enforcing Ordinance

Because the results of adopting the ordinance is establishment of a local special purpose government, there will be no enforcing responsibilities of any other government entity, but there will be various implementing responsibilities which are identified with their costs herein.

State Governmental Entities

There will be only modest costs to various State governmental entities to implement and
-enforce" the proposed establishment of the District. The Disirict as established on the proposed land, will encompass under 1,000 acres, therefore, Miami-Dade County is the establishing  entity under 190.005(2),  F.S.  The modest  costs to various State entities to

3

implement and enforce the proposed ordinance relate strictly to the receipt and processing of various reports that the District is required to file with 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  additional   set  of  reports  is  inconsequential.
------	dditienally, pursuant to section J 89 412, E S , the District must pay an annual fee to the
State of Florida Department of Community Affairs which offsets such costs.
Miami Dade County
There will be only modest costs to the County for a number of reasons. First, review of the petition to establish the District does not include analysis of the project itself. Second, the petition itself provides much of the information needed for a staff review. Third, the County already possesses the staff needed to conduct the review without the need for new staff. Fourth, there is no capital required to review 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 establish a community development district.

The annual costs to Miami Dade County, because of the establishment of the District, are very small. The District is an independent unit of local government. The only annual costs the County faces are the minimal costs of receiving and reviewing the various reports that the District is required to provide to the County, or any monitoring expenses the County may incur if it establishes a monitoring program for this District. However, the Petitioner has included a payment of $15,000 to offset any expenses the County may incur in the processing of this Petition, or in the monitoring of this District.

Impact on State and Local Revenues

Adoption of the proposed ordinance will have no negative impact 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 and it has its own sources of revenue. No state or local subsidies are required or expected.

In this regard it is important to note that any debt obligations incurred by the District to construct its infrastructure, or for any other reason, are not debts of the State of Florida or any other of local government. In accordance with State law, debts of the District are strictly its own responsibility.

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 I provides an outline of the various facilities and services the proposed District may provide.

4	-·

Table 1
CRESTVIEW WESTCOMMUNITY DEVELOPMENT DISTRICT
Proposed Facilities and Services

EARTIIWORK	COD	NIA	NIA	
WASTEWATER SYSTEM	COD	UTILITY*	UTILITY*	
WATER SUPPLY SYSTEM	COD	UTILITY*	UTILITY*	
SURFACE WATER MANAGEMENT	COD	COD	COD	
ROADS AND PAYING	COD	COUNTY**	COUNTY**	
LANDSCAPING	COD	COD	COD	
ENTRANCE FEATURES	COD	COD	COD	

*Water and Sewer Department of Miami-Dade County
** Miami-Dade County

The petitioner has estimated the costs for providing the capital facilities outlined in Table
The cost estimates are shown in Table 2 below. Total costs for those facilities, which may be provided, are estimated to be approximately $51683 1146. The District may issue special assessment bonds to fund the costs of these facilities. These bonds would be repaid through non ad valorem special assessments levied on all properties in the District that may benefit from the District's infrastructure program as outlined in Table 2.

Table2
CRESTVIEW WESTCOMMUNITY DEVELOPMENT DISTRICT
Cost Estimate for District Facilities

LAND

$	750,000

$ 5,683,146

TOTAL ESTIMATED PROJECT COSTS

$	50,000

ENTRANCE FEATURES

230,000

$

LANDSCAPING

888,898

$

ROADS AND PAVING

$	503,684

SURFACE WATER MANAGEMENT

$	520,329

WATER SUPPLY SYSTEM

$ 1,128,235

WASTEWATER SYSTEM

$ 1,012,000

EARTHWORK

$	600,000

MITIGATION

' !

5	'·-·
27

Prospective future landowners in the District may be required to pay non-ad valorem assessments levied by the District to secure the debt incurred through bond issuance. In addition to the levy of non ad valorem special assessments for debt service, the District may also impose a non-ad valorem assessment to fund the operations and maintenance of the District and 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 provides property owners with the 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 municipal service taxing unit (MSTU), a property 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. Establishment of the District will ensure that these landowners pay for the provision of facilities, services and improvements 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 infrastructure 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, the cost impact to landowners is negligible. This incremental cost of the high quality infrastructure provided by the District is likely to be fairly low.

6

.. .. . .. .. .	. .	Table3
CRESTVIEW WESTCQMMlJNITYOEVELOPMENTOISTlUCT
EslimJJted Co11sfl'11cfio11 Tbuetahle fo1·Di.striet Facililies

JUNE2008

DUCEMllER 2008

ENTRANCE FEATtiRES

DECEMBER 2008 ...··.

LANDSCAPING

0(1'S11'1{1Ml'RQYEMENT$ .

.

Qi\D ANP PAVINO

M,w200&
.JuNE2008

.WAtUltSlJPl'L \'SVSTEM

MARrniomf
MAY2008

Att analysis ortbe inq>acton small businesses.as defined by Seciion288.703, l'.S., and an analysis. of the impact on sritall counties and small cities as defined by Section 12052, F.S.

There will be no impacton small businesses because oft he establisliment of the Qistrict Miami-Dade County has an estimated population in 2006 that .is gre!llt:r than. n,000; theref<i1•e the Coiiiity is u<it defii1ed as ii ''.siiia/1" Cmmtyaccordingto Section 120.52, F:S, and there will cco!'{iingly be no in1pa:ct Oit a mall County because cif the .fonnatlon of the Oisb'kt	.

6,0	Aily additional useful information.
the analyl/is pwvided above is based on a straightforward application of economic tl1eory, especially as it relates to tracking the iilciden.ce of regulatory costs and benefits. Inputs were received from the Petitioner's Engineer and other professionals assodat d with the Petitioner.

7

APPENDIX A
LIST OF REPORTING REQUIREMENTS

REPORT	FL. STATUTE CITATION	DUE DATE	
 	,,A"''°"'m"'u"'al..EinanciaJ Audit	) 1 ti	within 45 days of audit completion but no	
		later than )2 months after end of fiscal year	
Annual Financial Report	218.32	within 45 days of financial audit completion,	
		but no later than 12 months after end of fiscal year; if no audit required, by 4/30	
TRIM Compliance Report	2007.068	no later than 30 days following the adoption of the property tax levy ordinance/resolution	
		(if levying property taxes)	
Form I: Statement of Financial	112.3145	within 30 days of accepting interest the appointment, then every year thereafter by 7/ l (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 ann.ual 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 governing	

Proposed Budget	
189.418	board
prior to end of current fiscal year	
Public Depositor Report	280.17	annually by 11/30	

Ir
''

30

EXHIBIT7 DISTRICT BOUNDARIES MAP
CRESTVIEW WEST COMMUITY DEVELOPMENT DISTRICT

---------------1---------1"".- c,~.1-=,t

! l·

}:P:
ti(
!

::SnN ,.,V ""!'I_Mjl
---:..;\ ;_"- "-:: ft::' ;';;:c,  '-  "'--llH--------------1--------------

,,
'

'

i
•
"'i
0

•

I
0
••

0

_z=-----------------------

3/

EXHIBITS
RESUMES OF PROPOSED SUPERVISORS CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

SEE ATTACHED 7 PAGES

Marcial Solis
Wilfredo M. Acosta
Steven Pena
Luis o. Rodriguez
Maria H. Arana

32

MARCIAL SOLIS
Professional Resume, September 2007 2627 South Bayshore Drive, #2904
Miami, Florida 33133
305-388-8337

Academic Background:
Columbia University. M.B.A 1971. Master in Business Administration, Finance. Harvard Business School. I.T.P. 1967. International Teacher's Program, Finance.
St. Edward's University. B.A. 1961. Bachelor of Arts, Economics.

Work Experience:

1997 - Present: Residential Developer, with full responsibility for the following projects:

2004 - Present: Crestview JI. Community of 124 single family homes at S.W. 1671h Avenue and 59th T errace, now in final stage.
2001 - 2003: Creslview. Community of 89 homes at S.W. 152nd Street and 139th Avenue. Century Builders were financial partners. Project was started in 2001 and completed and sold-out by 2003.

1997 - 2000: Biarritz at Doral. Community of 109 homes at N.W. I14th Avenue and 46th Street. Century Partners were financial partners. Project was completed in 2000.
1992 - 1996: Ba/moral. Community of 135 homes at N.W. 1141h Avenue and 43rd Street. Executed overall planning, zoning, initial land development and model homes. Project was completed by another developer.

1989 - 1991: Societe Financiere du Chateau. Swiss Asset Management Company, doing business in Latin America.

1986 - 1987: Charlestowne. Community of l89 homes at Killian and 139th Avenue. Executed planning, zoning, project concept and design, construction costing and bidding for Charlestowne Construction, who were the owners of the project.
1984 - 1987: Chardonnay. Community of 115 town-homes at S.W. I 10 th Avenue and Sunset Drive. This project was done in partnership with Goldome Bank of New York.

1980- 1983: Sunset Harbor Phase/. Community of 100 homes at S.W. 127th Avenue and 62"d Street. My role was President of Palomino Development, the developer of the project.

D:\Docwuents and Seltings\fJy\My Docr,mentsVessica Doc11ments\Marcfa/ So/ls Resume September 2007.doc

 	I

1974 - 1983: Financial Consultant and Manager for group of businesses in Nicaragua and in the U.S. who invested in real estate developments. Businesses represented included real estate corporation, sugar mill, fishing company and others. As their representative with
P.A.S. Developers, the following projects were executed in Miami from 1976 to 1980:

I

[

International Gardens Sec II (81 homes,,_)	_ Coral Way Gardens (104 homes)
Las Palmas (348 homes) Miller Gardens (52 homes)

In Nicaragua: Plaza Espaila - commercial, retail and hotel complex. Not finished due to Revolution in 1979.

1965-1973: Banco Nacional de Nicaragua. Financial Division Manager.

I1

Personal:

Country of Origin: Nicaragua·

·

Citizen of the United States of America	rI
Languages: Spanish and English	I
'

I

I

1

i
I
'[

D:\Doc1tments and St!llings\Ely\My Docz,mentsVessica Documents\Marcial Solis Resume September 2007.doc

WILFREDO M. ACOSTA
Professional Resume, Sertember 2007 158 Northeast 1101 Street Miami Shores, FL 33161
305-773-0526
---- -----------------------------------------	 	
Practkal Experience:

2000 to Date: Crestview 11ICentury Marso/. Group of companies as follows:
2004 to date: Sales Manager, Crestview I/ Ltd.- Project: Crestview II. Community of 124
single family homes at S.W. I 67'h Avenue and 59th Terrace. Project is now in final stage.

2003 to 2004: Sales Represe11tative, Ce11tury Marsol ll Ltd. Project: Crestview. Community of 89 single family homes at S.W. 152'• Street  and  139 th  Avenue.  Project  was started  on 2001 and is now completed.

'

2000 to 2002: Sales Representative, Century Marso/ Ltd. Project: Biarritz at Doral. Community of 109 single family homes at N. W. 11 411 Avenue and 46'h Street. Project is now
completed.

1998 to 2000: Fleet Service Clerk. American Airlines.
1995 to 1998: Co-Ow11er. lnterarte Fine Arts Gallery. Coral Gables, Florida.
1994 to 1995: Sales Assistant. Hammond Antiques. Miami, Florida.
1991 to 1994: Art Sales Assista11t. Auction Company of America. Miami, Florida
1989 to 1991: Sales Assista11t. La Giraldilla clothing store. San Juan, Puerto Rico.

Academic Background:

Miami Dade Community College. 2000. Studies in Business Administration and English. Also, basic computer programs: Windows, Excel, Word, Microsoft Office.

College ofSagrado Corazon. 1991. Studies in Liberal Arts. San Juan, Puerto Rico.
RepublicaPopularChina. 1983. HighSchool. Havana,Cuba.

Personal:

Country of Origin: Cuba

Date of Birth: November 11, 1966. Citizen of the United States of America Languages: Spanish and English
D:\Doc11met111011d Selllngs\Ely\My DocumentsVesslca Docmnents\Wllfredo Acosta Res11111e.doc

RESUME

st:even M. Pefla, Esq.
oat:e or Birt:h June. 27, 1959 Chicago, Illinois

Address: 520 Brickell Key Drive #719
Miami,Florida 33131
orrice Address: 3191 coral way #1000
Miami,Florida 33145
305-598-6666

EDUCATION
B.A. universit:y or Arizona Tucson ,Az. 1981 college or Liberal Art:s
J.D.  universit:y or Miami Miami, Florida	1987

PROFESSIONAL
1987-1992- Law orrice or Bennet:t: Brummer, Assist:ant: Public Defender St:at:e or	Florida.
1992-1993- Part:ner Troy & Pefla, P.A.
1993-1997- Part:ner Pollock & Pena, P.A. specialized in real est:at:e t:ransact:ions and t:ft:le closings.
1997- present:: st:even M. Peiia, P.A. - pract:ice limit:ed t:o Real Est:at:e t:ransact:ions, t:it:le andmort:gage closings, represent:ing sellers and buyers in cont:ract: negot:iat:ions.
MEMBERSHIPS AND OTHER ACTIVITIES
1997 t:o present:- Agent: At:t:orneys Tit:le Insurance Fund. Member or	President:'s Circle 2004-2007.
1988 t:o present:- Member  in good st:anding	or  t:he	Florida Bar.
1989- present:: Member or sout:hern oist:rict: or Florida Federal court: Bar.
2001-  campaign  Treasurer  Frank  J. Cobo  ror	Miami Dade count:y Schoo 1 Board.
2005  t:o present::  Board. Member or	crest:view  II	coo.

Luis O. Rodriguez.
14619 S.W. 99th Street, Miami, Florlda 33186
Tel, 305-216 0915

SUMMARY-OF QUALIFICATIONS

Results-oriented, hands-on construction and development professional with 15 years of expertise in all facets of the construction Industry. Verifiable tract record for  the  successful completion of multi-million dollar projects through coordinating trades, developing partnerships, and building positive rapport with architects, engineers, local officials, vendors, and clients while maintaining costs. Versed in contract negotiations, project estimating, Impending design problems, document preparation, Florida building code and regulations, material purchasing, site management through certification of occupancy, etc.
Areas of Expertise:

Team Building & Leadership
Permitting & Building Code
Construction Planning and Scheduling
Critical Path Project Management
Budget Analysis

Quality Control Management
Safety and Compliance  Management
Organization and Time Management
Vendor and Material Management
Estimating & Job Costing

PROFESSIONAL EXPERIENCE

Marsol Homes. LLC.
Project Supervisor/ Construction Permit Qualifier

2001- Present

Key Projects: Crestview II • Phase II - by Crestview II, ltd., Crestview II • Phase I · by Crestview II, ltd., Crestview I • by Century Marso/, l:td., Blarrltz at Doral •  by  Century Marso/, Ltd.

Responslblllties Include shop drawings and blueprints review and analysis, preparation of construction documents, bidding, negotiations, subcontractor selection, material purchasing, scheduling, project budget, building code compilance, project development, quality control, and certification of occupancy. Supervise crews of over 100 trade's workers in a multi· project environment.

Initial responsibilities included general construction work, performing punch-out jobs, excavations, footings, slabs, form-works, trusses and wood-framing supervision, etc.

Currently serving as construction permit qualifier and Construction manager For the second phase Crestview II, 40 single family home and the company's newest project Crestview West , 114 single family home project

Luis O. Rodriguez	305-216-0915	Page 2 of 2

Shoma Homes	1995  -  2001

Key Projects: Spanish Lake, Goldvue at Doral, Bird Point, Tamiami at Shoma Homes, Spring Valle, Grand Lakes.

Assisted with site and construction management duties for Miami-Dade and Broward County
regions.   Supervised   field  crews  tor  all  aspects  of  project  development.  Coordlnal: e-a 	 scheduling of contractors and utilities inspections.

Directly responsible with day to day ground building operations calling for personal Involvement in every aspect of construction from plans take-offs and shop drawings review to walkthroughs,

Universal Plumbing, Inc.
Key Projects: Lago Lindo, Country Walk, Grand Lake.

1994- 1995

Responsibilities included performance of underground work, top-out, tub and water, installation of sink, dishwashers, tubs, showers, tollets, etc. Additionally, served  as Customer Service representative for the company.

EDUCATION  & CERTIFICATION

State of Florida Certified General Contractor
American Construction School, Hollywood, Florida, State Certification - 2005

Air-conditioning & Repair Technician
Advance Technology Institute, Miami, Florida, Certificate - 2000

Air-conditioning Engineer
Polytechnic Institute - University of Havana, Havana, Cuba, Diploma - 1986

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MARIAH. ARANA
Professional Resume, Sef tember 2007 14428 Southwest 46' Terrace
Miami, Florida 33175
305-207-4514

Education

Miami Dade Community College Medical Campus. One year toward Associate Degree I985. Licensed Optician.

Coral Gables Senior High School. Graduated 1983.

Work History

1989 to Present: Licensed Retail Manager. LensCrafters, Luxotica Retail. Miami, Florida 1985 to 1989: O.fjlce Manager. Milton Eugarrios, M.D., P.A. Miami, Florida

Summary

Over 20 years successful experience in Sales, Management and Customer Service.

Personal

Country of Origin: Nicaragua Date of Birth: April 7, 1965 Citizen of the United States Languages: Spanish and English

D:lDocumenls and SeltlngslE/y\My Doamre111sVessica DocmnentslMario Arana Rumne.doc

EXHIBIT9
CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT OPINION OF TITLE

---------------.-;Sfl!E'fiE'---JA\"'f'Fl-''FACIIBDSPAGES

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METROPOLITAN DADE COUNTY - PUBLIC WORKS ENGINEERING - SUBDIVISION CONTROL
OPINION OF TITLE

TO:	MIAMI-DADE COUNTY, a political subdivision of the State of Florida.

With the understanding that this opinion of title is furnished to MIAMI-DADE COUNTY, FWRIDA, in compliance with its Ordinance No. 57-30, and as an inducement issuing a final plat covering the real property hereinafter described, it is hereby certified that we have examined a complete Chicago Title Insurance Company ("CTIC") Owner's Policy Number OPM-7210609- 33847 together with a certified CTIC update reports covering the period from the BEGINNING to through September 6, 2007 at 11:00 P.M. inclusive, of the following described property:

PARCEL 1: All that portion of the West 1/2 of the East 1/2 of Section 20, Township 55South, Range 39 East, Miami-Dade County, Florida, lying North of theSeaboard Airline Railroad Company right of way. ALSO KNOWN AS: Ail that portion of the West 1/2 of the East 1/2 of Section 20, Township 55 South, Range 39 East, Miami-Dade County, Florida, in accordance with that survey prepared by Schwebke-Shlskln & Associates, Inc., under File No. SD-136 A.J., and based on that certain Agreed Final Judgment, recorded in Official Records Book 15074, Page 1044, of the Public Records of Miami - Dade County, Florida, lying North of the Seaboard Airline Railroad Company right of way, and more particularly described as follows: Begin at the Northwest comer of the West 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment; thence run North 86"20'38" East along the North line ofsaid West 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment, for a distance of 1,423.95 feet to the Northeast comer of the West 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment; thence run South 02°27' 12" East along the East line of said West 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment, for a distance of565.50 feet to a puint on the North right of way line of said Seaboard Airline Railroad; thence run South 88"08' 59" West along said North right of way tine for a distance of 1,424.0S feet to a point on the agreed Westline of the West 1/2 of the East 1/2 of said Section 20, thence North 02"25' 20" West along said agreed West line of the West 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment for a distance of520.63 feet to the Point of Beginning.

PARCEL 2:That portion of the East 1/2 of the East 1/2 of Section 20, Township 55South, Range 39 East, Miami-Dade County, Florida, in accordance with that survey prepared by Schwebke-Shiskin & Associates, Inc., under File No SD-136 A.J., and based on that certain Agreed Final Judgment, recorded in Official Records Book 15074, Page1044, of the Public Records of Miami -Dade County, Florida, lying North of the Seaboard Airline Railroad Company right of way, and more particularly described as follows: Begin at the agreed Northwest comer of the East 1/2 of the East 1/2 ofsaid Section 20, according tosaid Agreed Final Judgment; thence run North 86.20' 38" East along the North line of said

East 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment, for a distance of 568.85 feet; thence run South 02•27• 12" East, for a distance of 583.43 feet to a point on the North right of way line of said Seaboard Airline Railroad; thence run South 88"08' 59" West along said North right of way line fora distance of568.76 feet to a point on the agreed West line
 		of the East 1/2 of the East 1/2 ofsald Section 20; thence North 02"27'12" West along said agreed West line of the East 1/2 of the East 1/2 of said Section 20, according to said Agreed Final Judgment, for a distance of 565,50 feet to the Point of Beginning.

Basing our opinion on said complete abstract or title policy covering said period we are of the opinion that on the last mentioned date the fee simple title to the above described real property was vested in:
Marsol One, LLC, a Florida limited llablllty company

Subject to the following encumbrances, liens, and other exceptions:
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RECORDED  MORTGAGES. LIENS AND JUDGEMENTS	I
I.	Mortgage from Marsol One, LLC, a Florida limited liability company to Total Bank,	I
a  Florida  banking corporation,  In the   principal amount of$9,430,000.00, dated April	/
7,2006 recorded April10, 2006, under Clerk's File Number 2006R0383944, in Official Records Book 24412, at Page 2308, and re-recorded on May 17, 2006 in Official Records Book 24535, Page 4132, along with Collateral Assignment  of Leases  and
1
Rentals recorded in Official Records Book 24412, Page 2322, and UCC-1 Financing
Statement  recorded in Official Records Book 24412, Page 2325, Receipt  of Future	I
Advances and  Note and Mortgage Modification Agreement recorded August 31, 2007,	I
under Clerk's File Number  2007R0868100,  in Official Records Book 25896, at  Page	I
1954  all of the  Pnbllc Records of Miami-Dade County, Florida.	I
GENERAL EXCEPTIONS	1
All taxes for the year in which this opinion is rendered,  unless noted below  that  such taxes	!
have been paid.	I

Rights of persons other than the above owners who are in possession.

Facts that would be disclosed upon accurate survey.

Any unrecorded labor, mechanics' or materialmens' liens.

Zoning and other restrictions imposed by governmental authority.

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SPECIAL EXCEPTIONS

"SAVING AND RESERVING unto the said Trustees of the futemal Improvement Fund of the State of Florida, and their successors, title to an undivided three-fourths of all phosphate, minerals and metals,and titleto an undivided one-half of all petroleum that may
---------bB<e3-1111'n1;-,00n11--Go4'-r-11unnd11ee:i:rc.tthe  above described laud, with the privilege to mine and develop  the same", as contained in Deed No. 19779 recorded October 14, 1952 in Deed Book 3660, Page 521, of the Public Records of Miami-Dade County, Florida.

NOTE: The right of entry and exploration running with the above reservation of an interest in phosphate, minerals, metals, and/or petroleum bas been released by Florida Statute 270.11(2).

Right-of-Way Agreement in favorofFloridaPowerand Light Company,recordedApril 23, 1958in Official Records Book 784, Page427 of thePublic Records ofMiami-Dade County, Florida.

Road reservations contained in the Special Warranty Deed recorded August 16, 1972 in Official Records Book 7851, Page 304 of the Public Records of Miami-Dade County, Florida.

Road reservations contained in the Special Warranty Deed recorded February 5, 1973 in Official Records Book 8113, Page 215 of the Public Records of Miami-Dade County, Florida.

It.   Restrictions set forth in the Declaration of Restriction Covenants, recorded April 3, 1990 in Official Records Book 14493, Page2198 of the Public Records ofMiami-Dade County, Florida.

Easement in favor of Florida Power and Light Company, recorded December 19, 1990 in Official Records Book 14826, Page 2200 of the Public Records of Miami-Dade County, Florida

Easement in favor of Florida Power and Light Company, recorded May 1, 1991 in Official Records Book 15005, Page 2666 of the Public Records of Miami-Dade County, Florida.

Covenant running with the land as set forth in Agreed Final Judgment granting Declaratory Relief and Quieting Title filed in Miami-Dade County Circuit Court Case No. 86-40255 (CA-12) as recorded on June 20, 1991 in Official Records Book 15074, Page 1044ofthe Public Records of Miami-Dade County, Florida.

Restrictions set forth in the Declaration of Restrictions, recorded February 14, 1997 in Official Records Book 17529, Page 2573 of the Public Records of Miami-Dade County, Florida.

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Conditions, limitations, restrictions and agreements set forth in the Special Warranty Deed recorded September 12, 2003 in Official Records Book 21635, Page 4187 of the Public Records of Miami-Dade County, Florida.

Conditions, limitations, restrictions and agreements set forth in the Special Warranty Deed reeerded September 12, 2003 in Official Records Book 21635. Page 3911 of the Public Records of Miami-Dade County, Florida.

Right-of-Way Deed to Miami-Dade County recorded November 3, 2003 in Official Records Book 21791, Page 2843 of the Public Records of Miami-Dade County, Florida.

Declaration of Restrictions in favor of the School Board of Miami-Dade County, recorded July 21, 2005 in Official Records Book 23595, Page 3470 of the Public Records ofMiami­ Dade County, Florida.

Right-of-Way Deed to Miami-Dade County recorded December 29, 2005 in Official Records Book 24096, Page 0246 of the Public Records of Miami-Dade County, Florida.

Declarations of Restrictions recorded in Official Records Book 24300, Page 1802 of the Public Records of Miami-Dade County, Florida.

Special Taxing District recorded in Official Records Book 24730, Page 1884 of the Public Records ofMiami-Dade County, Florida.

Special Taxing District recorded in Official Records Book 24730, Page 1895 of the Public Records of Miami-Dade County, Florida.

Agreement for Water and Sanitary Sewage Facilities recorded June 28, 2006 in Official Records Book 25738, Page 2522 of the Public Records of Miami-Dade County, Florida.

Notice of Commencement recorded August 31, 2007, in Official Records Book 25896, Page
1957, of the Public Records of Miami-Dade County, Florida.

None of the exceptions listed above will restrict the use of the property for the purpose set forth in the water ad sewer agreement, assigrunent, warranty deed, easement, covenant and unity of title, as applicable.

I HEREBY CERTIFY that I have reviewed all of the aforementioned encumbrances and exceptions.

Therefore, it is my opinion that the followingparty(ies) must join in the agreement in order for the agreement to be a valid and binding covenant on the lands described herein:
Name	Interest	Special Exception Number

Manoi One, LLC, a Florida
   abilil}•comp
Tota/Bank

Fee Simple Owner	NIA
Mortgagee	1

Further after review of the operating agreement and constituent organizational docwnents of the fee simple owner, Marcial Solis, as the sole manager thereof is able to bind the fee simple owner.

I, the undersigned, further certify that I am an attorney-at-law duly admitted to practice in the State of Florida, and am a member in good standing of the Florida Bar.

Respectfully submitted thisg:/;;ofSeptemb	2007.

STATEOFFWRIDA	)
) COUNTY OF MIAMI-DADE	)

IO Northwest Le Jeune Road, Suite 500
Miami, Florida 33126
Tel.: (305)461-0404
Fax: (305)461-0410

The foregoing instrwnent was acknowledged before me this#dayofSeptember, 2007, by Nicolas Fernandez., Esq., who is personally know to	e.

Pri	ame:	_

Y PUBLIC, STATE

N TAR ,pi·"·	OF FWRIDA
Serial Nu /     :.>.       -	J'	-----

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EXHIBITlO
JOINDER AND CONSENT OF MORTGAGEE CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

See Attached Executed Joinder

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Tot;,Jl. B11:nk,boingfue mottga!J.e.e uruierlbat<:ertain mortgai,>e from l:Jlltsol ◊n11, I.LC recor<ledinQffioialRe.oordsSaqk 24:i:ili atP ge of the Public Rllcnrds of Miami.

By:

Dade Co nty. Floriila, covering all <)t a pouion of the propsny desetl\led in the foregoing Detlara!ion <1f Ri:striotiJ1e CovenMts. encumbering all o.r portions of rhe reaJ property d!lSCrlbed in tlle goin11: Decla!-aticm ◊f Restricuve.C(Mmaiiis, he,eby copsents to and aoknowled{h1!1 the Wm ,;,ft!Je ()ecJatation ofRestrMive Covenantt areand shallbe1,in<Jjng on the 1,1ndersigned as Bt.'O'Cessors to lfot·owner tn 1i1l1t.

!J

STATE 01' fLORlOA	l
) ss:
CbtlNTY OF MIAMI·QADE l

.2007,by 	_

of  ,.,,T-\h-elmf\o,uregoing    instrument    was    acknowledged     before    me    this   '4- Cl    dat
t~	of-,-..---• on behalf ef .the bAAlc. He/she ls so:M.l!y known ro ma
or hasproducw b r iw< r'• \. ,·(,< 11a <.type offdentification) as.i<!llntilkarion,

NOTARY PU !	it f- FLORIDA

l>ANl/llOPEZ
Notaiy Pubilc•Sl/la ofl'i!>lida
·como$Si<m e,P!msAug23,2009

Co

ti00464852

llon"'4 yNJ11Mal NQ!al\'Ass1'

(Print, Type o.t Stamp {:om s,oned Name of
i'iotary Pul,lic)

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EXHIBITll
SURVEYORS CERTIFICATE OF LEGAL DESCRIPTION CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

SEE ATTACHED CERTIFIED LEGAL DESCRIPTION (1 PAGE)

EMibit ll

EXHIBIT11
SURVEYORS CERTIFICATE OF LEGAL DESCRIPTION CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT

The herein captioned Property wos surve:r:d ond desen"bed bo11:1d
on lhe shown Legal Description: Pl'Oilde by Cllant.
2)	Thi■ CorUflcallon Is only for the lands os dBScribed'. It Is not o
rrg rJ:o UeAi .(Cl 8f"f£t\icfreedom

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J)		There  may  be  addltfonal  Restrictions  not  shown  on   this  sur'lfly that moY. b" found in -the Public Records of Mh;iml-Dado CountY, Examlnlltlon of TITLE OOMMlmEHT woa not performed to determfno recordad Jnslfl.lments, If any affecting this property.
Accurocy:

North arrow direction and bearings ore baaed on Center line of
SW 136th STREET(N66"20'38'"E) Miami-Dade County, Florkla
1J) Elevations are based on: Nallonal Oeodetla Verllcol Datum of 1929
Bench Mork U!i&d;: N/A
Property Address:	16} Flood Zone; "AH"
SW  162 nd A'IEMJE	FEMA Ponti .........,l2025C0266 J
SW 136· th  STRttT	Bose Flood Elav.-9.00'
Dale:  MARCH 2. 1994

The expected  u111111  of   the land,  as claaslfled In  the- Minimum
Technical  Stondorde (61C17-6FAC),  ls  "High  Risk Restdalice".
The tnlnlmum relollve dlstonce accuracy for this type of
bO\fRdory aurveY. Is 1 foot In 10.0D0 feet. The ocCtJrooy obtained by measurement ond c:olwtotion of o  closed  geometric  figure wos found lo e11ceed this requrrernent.
f'oundatfons and/or footings that may cross beyond the boundary
lfnes of the pore.el herein described are not shown hereon.
Not wlld without lhe algnolun, and the orlglnal rolsed seol
or a tlor!da Licensed  Surveyor  and  t.Aappu.  Additions  ar deletions to $\.IMIY map;, or r@orts by olher than the slgnfn9

16)

Thia PLAN OF SUR Y. hoa been prepared for the exduelve
uae of lhe entlth111 nomod het"eon. The Cerllfte<lte does not elllended
to ony unnflll1ed party.
Maraof One, LLC.. a Flori40 llmlled Uoblllty company.
Total Bonk! o Florida banldn9·corpordtfon.
Chlcogo  TII e lneuronce Company	·
Ntcolos Fernandez, P.A.

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8)

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party or portlea Is p,rofllt>lled w1lh0!..1t written consent of the
slgnfng porty or por11ea.
Contact the appropriate authority prior to  ony  design  work  on the herein dtiscrlbed porcel for 8ulfdlng and Zoning lnfonnollon.
Undor9round utlltree C1re not depicted hereon contact the appraprlata authority prior to ony llesl9n work ar  conatructlon o,i the _properly herein deaCJJbed.  Surve shofl  be  notified 'Ii& to 'bhY viatlon from utRltles ·shown hereon.
Area of Prope	··· •
Area -1,099 930 Sq. Ft. or 25,26 Acres+/­
Ownership subject to OPINION OF lntE

SURVEYOR'S CERTIFICATE1
I   Hereby   Certify   to  the  beat  of  my   knowledge  and    bdlef  that this droW1119 I:, o true and correct repreat1ntotlon of the BOUNDARY SUR\'t:'f, of the reol property descrbad hereon.
. I furthe,-  Certify  thOt·· thla  survey  w  prepared  In  DCilOtdonce ifft\i:• \hi··· "«JliaMlclRl'le pto9lilloRS of Chapter 61017-6 FlorJda Adm1nlrnroml'l1    Code.	-
Original Field Survey Oole:N/A

LEGAL DESCRIPTION

PARCEL I:
All thol parllon of th, We,t K of the Eotl M of Secllan 20. Township 55 ScNth, Range 39 Eosl. Mloml-Cladc Coimti Rorldo. lr"!9 North of the
saa !d Airline Railroad Company Ri t-of-Woy.
ALSO KNO\ffl AS:
All that portion of the West M of th11 ·foll 1' of Sectltwl 20, TalllMhip 55 South, Range 39 Eosl, Mlaml-Oadt Count Florido, in act«d"once 11Kh that survey pnpartd by Schwebk11 -Shlihkln & Anodates, Inc., und11r fie No. S0-136 A.J., and bo!ltd on that C11rtaln Agreed Final Judgment rac«ded In Orflckil Records BOOK 1507-4, P0911 to-i4, of the Public Rtcords of ldloml-Oade -County, Florida, 1)¥19 North of Ille Staboord A.lrllna Rolroad Compony Rlght-of•Woy, ond more pi:1rt1cvlarly doscrfbed oa fOllows:
Begin ot the Horthw111I ccrner of Ille WHI M of the Eost·l5 of· aald·Section 20. occord g ta sold Agreed Fino! .)Jdgmenl; thence run North 81;'20'J8• Eost along the North !tie of sold Wast M of the Eael M of IGkl StcliOn 2Q. accorclin9 to 111ld Agreed F.tal JJdgment, far a dl;lance of 1,423.95 feet ta the Northmt comer of the Weal 1' of the tDSt 1' of ,old Section 20, according to BOld Agn1ed Final ..Wgmant; thence run South 02'27'12" Eosl
o1oni, Ula Cost llna of 101d Wnt	of the Eoat K of tokl SIICUOlt 10, acc«dln!J to sold Agrted Flrd Judgmant. for a distance of 585..50 l,et to o polnt on the North R19tit-of-Way lhe of told Seaboard Airline Ralrood; thenc• nin South 88°08'59" Wast a1a,11,t sokl North Right-of-Woy line far a dlstonce of 1,424.05 ffft to o poll'lt on Ille O!J111ad Wnt llne of lhe WHl K of the East M al 1111d Section 20; thence North 02'2$'20" West olcng 9ald ogread Wast lmll of 0111 Wast K of the [osl H of 1ald See.Uon 20, 11ccorc!V19 ta eald Agreed f!MI .Ndgment fo, a ("i,tonce of 520.63 feet to the Paint of 809lnnJng.
PARcti. 2:
That pa,llon of the East K of the £oat K of Section 20, Townlhlp 55 South, Rongl 3t e111t. Mlosnl-Oode Cwnty, Florida In occordonc• with lhal
...,,...., preparad .by Schwebke -Sh!ehklQ & Aeaoclatn, .,c.,..under FIie No. SO- A,.J., anti bmd on that certain Ag,11ed Ffnal <NdgrMnl rtc«ded In Olficktl Records Book 15074, Page to.(iJ, of the Publlc Rtt:orda of Mloml-Ood• County, Florido, l)WJ North of Iha Svobaord A.-Jlne Rolraod Company Rlghl-of-Woy, ond mo,e partlcula,ly dmrlbed OS fOIIOn:
6119in al thll aweed Northwut comer of the Eotl M of the ED!t M of sold Seetlon 20, according to sold Agreed rinol Ju"9mcnl; thence tun P-lorth
e5•2o'J:8' £oat al009 the llo,lll r11111 or toid Eoat H of 111 Eoat K of tolf SectlOn 20, Ing la sold Agreed Final Judgment, (a, o distance cf
!i68.B5 feet: Ulenee nm Sauth 02"27'1:tE, for a dtllance of 683.43 Ital ta o point on Uft North Rloht-of-Woy Ant of aald Seaballfd AlrfiM Rollroad; thine, run South 88'08'59" West llloni, 1old North Right-of-Way IN lor o dltlonce of 588.76 feel ta a point on th1 ogreed West lhe of the Caal H of the East ,S of 11ald Uon 20; thence North 02'27'l2" West Qloni, •old agreed West Hile of the East Ii of Ille East H of •aid S(clwn-4_0, accordng lo sold Agreed final Judgmanl, fut o dlttonc, of 565.50 fut  to the Pant of Be(Jlnrdn9.	(	)
.   d	o
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Profesalor'ldl S\lfve)"Or and Mapper
State of Florido, RaglatraUon No. 3162

E,;hibit II

This instrument was prepared by	
Name: Address:		

(Space Reserved for Clerk)	

I

DECLARATION  OF RESTRICTIVE COVENANTS	I
,
WHEREAS, the undersigned Owner holds the fee simple title to the land described in

and

the attached Exhibit A (the "Property"), located in Miami-Dade County, Florida (the "County");	I
WHEREAS,  Owner desires to provide certain covenants to the County Board of County	I
Commissioners (the "Board") in support of a Petition (the "Petition") for creation of the

Crestview West Community Development District (the "District") filed October 8, 2007 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 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: (I) 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

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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 aie hereinafter eolleetively referred to as ".<\dministrative 4ssessmeuts"); aod

WHEREAS, other covenants made by Owner include provisions for the long-term maintenance of infrastructure serving the Property including, but not limited to, roadways, drainage, and landscaping; 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

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 DistrictThis 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 the 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.

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CDD and Purchase Contract Notices

1.2.l	Owner shall be required to provide to each Prospective Initial Purchaser of an improved individual residential lot or unit within the Property (individually, a "Dwellmg 0rut") wntten notice of tlieestunated annUlil Capital Assessments and Administrative Assessments (the "CDD Notice") to be imposed on such 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 the purposes of this 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 effective date (10 days after enactment) of the Ordinance (the "E:frective Date of the Ordinance") but was not given an contemporaneous CDD Notice, Owner may still give the CDD Notice 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 overnight delivery or hand deiivery, with return receipt, not later than the first business day following the Effective Date of the Ordinance:
TIIE DWELLING UNIT YOU ARE PURCHASING IS SUBJECT TO A COMMUNl1Y DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RES1RICTNE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. THIS NOTICE AND THE ATTACHED CDD NOTICE ARE BEING GNEN 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 1HIR1Y (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF  $See Exhibit B. THIS DWELLING UNIT SHALL BE ASSESSED  AN ESTIMATED CAPITAL ASSESSMENT OF $See Exhibit B IF PAID IN  FULL AT CLOSING OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $See Exhibit B FOR ITS PROPORTIONATE SHARE OF
DEBT  SERVICE  ON THE BONDS  UNTIL  SUCH  BONDS  ARE PAID IN	!
FULL. WHETIIBR THE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BE BXERCISED AT THE TIME OF CLOSING, THE ATTACHED NOTICE FULLY DESCRIBES YOUR OBLIGATIONS. YOU

S2.

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MAY ELECT TO RESCIND THE PURCHASE CONTRACT FOR A PERIOD OF THIRTY (30) DAYS FOLLOWING RECEIPT OF THIS 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 (IO) CALENDAR DAYS AFTER RECEIVING YOUR  WRITTEN  NOTICE THAT  YOU  HAVE ELECTED  TO RESCIND
 	THE  Pl[RCHASE 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 AVAILABLE TO PURCHASER WHETHER OR NOT YOU ELECT TO RESCIND EXCEPT IN THE EVENT OF AN OWNER DEFAULT WITH RESPECT TO THE COD 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.
1.2.2	Owner shall also provide substantially the following disclosure

("Purchase Contract Notice") on the first page of each Purchase Contract executed after the Effective Date of the Ordinance for a Dwelling Unit within the Property, immediately after disclosure of the purchase price for the Dwelling Unit:
THIS DWELLING UNIT IS 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 THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $See Exhibit B. THIS DWELLING UNIT SHALL BB ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $See Exhibit B IF PAID IN FULL AT CLOSING OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $See Exhibit B FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN FULL. WHETHER THE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BB EXERCISED AT THE TIME OF CLOSING. THESE AMOUNTS ARB DUE OVER THE TERM OF THE BONDS IN ADDITION TO THE PURCHASE PRICE.  INITIAL 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, INITIAL PURCHASER SHALL HAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING.

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INITIAL PURCHASER FURTHER ACKNOWLEDGES 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.

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.

1.3 to any Prospective htitial Purchaser who has not yet closed on a Dwelling Unit if any one of

Owner shall provide relief, in the manner provided  by this Section	I
the following events shall occur (an "Owner Default"):	I
Owner  fails to  provide  a  timely  COD  Notice or Purchase	I
1
I
Contract Notice as required; and/or

I.3.1.2.0wner provides a timely COD 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
1.3.1.3.0wner provides a timely CDD Notice and/or Purchase Contract; however, such CDD Notice and/or Purchase Contract Notice underestimates the actual Capital Assessment, 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%).
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

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"Termination Notice"), elect to rescind the Purchase Contract at any time prior to closing. Upon such election, Owner shall return all monies paid by the Prospective Initial Purchaser regarding the purchase of  the real property identified  in the Purchase Contract  within ten (I 0)  calendar
days afte1 1eceiv ing WIitten notice &em the Prospective Initial Purchaser that sucb Prospective Initial Purchaser has elected to rescind the Purchase Contract. No other remedies provided in Section  1.4  shall  be  available  to  a  Prospective   Initial  Purchaser   wbo  terminates  a  Purchase
Contract pursuant to this provision.

Prior to the receipt of a Termination Notice from a Prospective Initial Purchaser affected by an Owner Default, Owner shall have an opportunity to cure any
Owner Default by providing 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  Effective  Date of the Ordinance  (the  "Cure

Period"). If the Owner Default set forth in Section 1.3.1.3 is due solely to a fluctuation of interest rates on the bonds once the pricing of the bonds is completed, Owner shall have the opportunity to cure such Owner Default by providing a written notice setting forth the new
annual Capital Assessments  to such affected  Prospective Initial Purchaser (the "Extended Late

Notice") no  later than the earlier of (i) the closing date of the Dwelling  Unit or (ii) ninety  (90)

days from the pricing of the bonds (the "Extended Cure Period"). An Owner 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 Owner 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

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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 Purchase  Contract  within  ten   (I 0)  calendar  days  after  receiving  written  notice  from  the
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Prnspective hlitial Pmehaser that sueh Prospective Initial  Purchaser bas ele,cted to rescind the

Purchase Contract. No other remedies provided in Section 1.4 shall be available to a Prospective 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.
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
I
the  largest  font   in  such   Late  Notice  or   Extended   Late  Notice  (with  correct  type of notice	!
I
indicated):	I
THE  DWELLING   UNIT  YOU   ARE  PURCHASING   IS  SUBJECT TO  A	I
COMMUNITY	DEVELOPMENT	DISTRJCT	AND	A	RELATED DECLARATION OF RESTRJCTIVE COVENANTS WHICH REQUIRES
THAT  CERTAIN  NOTICES  BE  GIVEN  TO  PURCHASERS BY OWNER.	i

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THIS IS A [LATE NO77CE or EXTENDED LATE NOTICE} UNDER SUCH DECLARATION. IF OWNER PROVIDES YOU WITH THIS {LATE NOTICE or EXTENDED LATE NOTICE] DURING THE APPLICABLE CURE PERJOD, THEN YOU AS A PROSPECTIVE INITIAL PURCHASER MAY
STILL   ELECT   TO   RESCIND   THE   PURCHASE   CONTRACT FOR  A	'
PERJOD OF THIRTY (30) DAYS FOLLOWING RECEIPT OF THIS {LATE NOTICE or EXTENDED 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 WRJTTEN NOTICE YOU HAVE ELECTED TO RESCIND THE PURCHASE CONTRACT., AND ALL OTHER PROVISIONS OF THE DECLARATION OF RESTRJCTIVE 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 EXTENDED LATE NOTICE} DURJNG THE APPLICABLE CURE PERJOD, 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
Asscssmc1d, if paid in full at elosing, by more than five peJ:Cent (5%) and/or the annual Capita) 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 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 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  $See Exhibit B. THIS DWELLING UNIT SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $See Exhibit B IF  PAID  IN FULL AT CLOSING OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $See Exhibit B 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 THE PURCHASER TO BE EXERCISED AT THE TIME OF CLOSING.THESE AMOUNTS ARE DUE OVER THE TERM OF THE BONDS IN ADDITION 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 HAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING. PURCHASER FURTHER ACKNOWLEDGES 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

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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 annual Capital Assessment by more than five percent (5%), then the Late Notice or Extended Late Notice must also include a COD Notice, if
the Owner Default in,ohes a failure te provide a COD Notice or an accurate revised COD Notice, if the Owner Default involves a timely but inaccurate COD 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 corri:cted by a timely and accurate Late Notice, then
a Prospective Initial Purchaser that 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 Contract 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 1 of the COD 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 COD Notice and no Purchase Contract Notice, if applicable, and the COD 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 demand,  in writing, that  Owner (a) pay such

actual hlitial Pmchase1, in the event he or she elects te pay th1: Capital Assessmeol io foll at closing, an amount equal to the difference between the actual Capital Assessment due at closing and !he estimated Capital Assessment due at closing disclosed in the COD Notice lo 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 term 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 !he bonds, actually disclosed in the COD Notice to the Aclual 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 !hat Owner gave an Actual Initial Purchaser a timely COD Notice and such COD Notice underestimated the actual annual 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 COD Notice calculated for the District's first three (3) fiscal years immediately following the closing based on the initial actual annual Administrative Assessments.

I.4.4 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 (I 0) calendar days after: (1) receipt of written demand, or (2) after the date Capital Assessments
----------,mm1ct1d---cA-dnm11inist1ati,e Assessments first beeeme payable,--whiche¥er 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 efore one (I) year after the earlier of (I) the date that Capital Assessments and 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 !Iiitial Purchaser's Combined Real Property tax bill, then the date that such Capita} 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 this Declaration.
1.4.5 Nothing in this 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 to, any tax liability resulting from Owner's payments to such Actual Initial Purchaser under Section 1.4.
Additional Disclosure through District SignOwner 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
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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 in substantially similar form in large, boldface type:
CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT
 		PIJRSJ)ANT TO CHAPTER 190, FLORIDA sf ATmES; tHE CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE TAXES OR ASSESSMENTS, OR BOTH 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 BY LAW. THE CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT EXPECTS TO ISSUE BONDS TO FINANCE A PORTION OF THE CONSTRUCTION OF . REQUIRED PUBLIC INFRASTRUCTURE IN CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT. A PURCHASER OF PROPERTY IN CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT 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. THE 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 CRESTVIEW WEST 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 CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT AND A PURCHASER'S BENEFITS AND OBLIGATIONS RELATING THERETO, CONTACT SPECIAL DISTRICT SERVICES, INC., 2S0IA BURNS ROAD, PALM BEACH GARDENS, FLORIDA 33410, OR TOLL FREE (877) 737- 4922.

Inspection of District Records by County RepresentativesOwner 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 during normal business hours and without disruption of sales

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operations.   The purpose  of such  inspection  is only to detennine Owner's. overall compliance	I
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
rospective Initia!Pmchascr-1-oor-1,'Atc:e:l:ttttr.a!tll--Jhi11ilitilialll-lP'tulfreellla!-. --------------------

Sole	Provider	of	Water.	Wastewater,	and	Reuse	ServiceOwner acknowledges and agrees that the Miami-Dade County Water and Sewer Department
("WASD"),  or  its successor  agency  or department,  shall  be the exclusive  provider of water,	I
wastewater,  and  reuse service to all  lands  within the Property. Service  shall  be  provided by	I
WASD in accordance with its general policies and procedures for providing service throughout the County.
 		I

A1mlication   for  Multi-Purpose   Special   Taxing   District to  Maintain	I
InfrastructureThe  costs  of  maintaining  the  infrastructure  constructed  with funding provided	I
through the District shall be the responsibility of the District and its successors and assigns. In order to assure that such maintenance is perfonned, however, on or before the recording of a final plat on any portion of the Property, Owner shall apply to the Board 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, and landscaping, as applicable. Upon approval of the multi-purpose special taxing district by the Board, such taxing district may remain donnant 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 recorded in the public records and governing the infrastructure or similar agreement provided by Owner, or in the absence of such easement, covenant or agreement, as detennined 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 maintained at the expense of such taxing district. 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 f01 tire pmpose of maintaining the illffllStraemre serving the Property Owner 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 forth in Sections 1.2, 1.3 and I.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 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 improved with a residence. If a Dwelling 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 I.4 shall apply to the Dwelling Unit and any Owner offering such Dwelling Unit for sale to Prospective Initial 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 govermnent, and shall be enforceable exclusively by such govermnental entity.

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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 adjmlg-, 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 any other remedies available at law or in equity, or both.
COVENANT RUNNING WITH THE LAND.

This Declaration on the part of Owner shall constitute a covenant running with the land and shall be recorded, at the expense of Owner in the public records of the County, following the acceptance by the Board of an ordinance approving the creation of the District, 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 the date this Declaration is recorded, after which time it shall be extended automatically for successive periods  of  ten  ( I 0)  years  each, unless an instrument signed by the then owner(s) of the Property has been recorded agreeing to change the covenant in whole, or in part, provided that the Declaration has first been modified or released by the County.

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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
.	-	-
Pref)erty, er ef soch portion as will be affected by the modification, amendment. or release,

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, or the assistant in charge of the office in the County Manager's absence, shall forthwith execute a written instrument effectuating and acknowledging such modification, 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.

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ACCEPTANCE OF DECLARATION.
Ownei, acknowledges that acceptance ofthis_Declaration does nut obJiga!I: theJ:ou_!lty in any manner with respect to the District, or with 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 and other County boards, officials, and employees retain full a_uthority to approve or deny such application.
IN WITNESS WHEREOF, the undersigned has set its hand and seal to this Declaration

of Restrictive Covenants this day of C2007.

OWNER:

Marso! One, L.L.C., a Florida Limited Liability Company

By:	MSA

STATE OF FLORIDA COUNTY OF MIAMI-DADE

Signatilnif--f.._/t_	'a.U. Name:

Title:	General Manager
Owner's Address: 16533 SW 59th Terrace
Miami, FL 33193

;1

Thc;foreiwing i strument was acknowledged before me by &'<ci4-( ':;,L· , the(;e,u,-a)
of /'t5/l- (ft,Sfv,ew	LLC..   , this .S ft	day of (),d-pl,«, 2007 who is personally known
to me or who produce    	asidentification.

NO'l'ARY PUBUC-STATE OF FWRIDA
\• 	},CSomymlviisasionK#eDtDel5h8o21h7n5
,,,.,,.,.,•• Expires: AUG. 07, 2010
BONDED nmu All.A.\"TIC BONDING co., INC.

Exhibit A

LEGAL DESCRIPTION
l"ARCEL I: AIII that Jl'lllnloa otlheWat 1/2 of die Ea$t 1J2 of	10, Tewasbtp15 Soiub,
   RalYl:t i,	!t,Mtaml•Dade   U&!)',   tfil'lll,  g	?ii rtl_L(If Uie		lrllne	
 	Coroplli!y rigblotway. ALSOKNOWN AS: All dlat port@n of theWest 112 of•he hat l/l of Scdlon 20, Towml!.!p 55S.li1h,Ra-ae )!> Jj:att. Mllffli.l>an Caulllfy, .	ht uard111111Ce wllb     dt11Umve,pnparedbyS         kin&A.nedaea,        lllidcrWeNQ.SD-136A.J..
and IIQtd OD.tblrt ioottam Agrffll J11llal.hdgmentc, n!l)IU'Cffll111, Offllilal Rcem1b Daok J,074, hplll44,l)ffllel'lbUcRffordsofMla!m•l.lwCowithMmd.1,fylqNertloftbeSam1111rd   A.lr!lae Railroad Calllf.!Nlllf rfghtefvay, 8lld-. datlribedas	Begtn at the Nmfnmt cum.-efCheWest 1fJofflleBut 112 ofmdSeetloa 20,&«10tdlogto said Firull .J11d;meoti, thelict nm Nlirfb 84'l0'38" East aJomc&, Nmlt lb1e ofaid West 112 of ti.
Eastlt.lohald. %0.Affllrdlngtolllid,\pffllFhlAthdpli!Dt,fqr adlnanceofl,.423.95
tmwebtNorthiraatm111trof&eWes11/loflhEanl/2olw.dStdioa1iO,accomfll1<e111d
A;reedlliutJt.tdl!JllCld;ffl1111«in10SQ1ltllt2'l'PlZ"&.-talotlgtlieEllltlfueofmdWe,tUJ; of tu Hut tn.of11114 Seclillll: 211, --  n,to11.ld Agrndllinal .J11dpleat, for lli dlltlmmof
&ct ta aplJIDt 0111 tfttcNorth lipt fJf'l'ay lluof aidSwniard All'll!Je Mlroiwl; tbuu
r!UI Sil!fflb ll8'118'5!il"W1¢ al.0111nMNorth rigkt of wq U11.efor ndhtauceof1,4l4tSfeet to a p(lint Uleqreed Wcstlbtoof1tti>Wqt 1/2 oflhcl?ut VZofwd.SedilD 20,Cltiiiell N 01"25'20" Wmtldoq uldl	Wa1tlme qffllie West Ill.oftlH!Eatt lflot'Hkl 8"tlwa20, ae(Wd.JngtoMldACftt!dJllulluqnwicforattista1Kt1of$20:JafeettotlePmn.tof:BtiglgM1f
PARC.8L 2:"llw pertloa. of the Em 112 of the EQt 11% orSecdon %0, Tffllllmf!> 55 Sollth, Range 39         M111ml-Dade Collilty, Flarida, lo   lllld with tllt	prepared by Sclwcbke-Sbbldn & A.sMdatu, lac.,1111der Wt  NQ Sl).136 A.J'., sadbasell 011, that Cfflaia
,\trfflllfioal JIJdgmieot, .neorded. ht Ofl1elal Rtffl'd1Book 151t74, Pate I		of the Mlk Reeon!s of Mflnnl -Daile Camy, Jiblrlda, Jytag North or flni &iaboanl Alrline lbllroad Comp11ny rtpt mf Wll-f, and mare: pmkllfarly deecrlbed •	folatwt: IIIIC,lo at tile agtmll Nonltwt11t oomff oftile Eatt Illdto Bat  m l>Itllld Scetioa 20,•	te saldl AIJRM f'111al ladgment; tl!lemienu North 86•ar 38"Ea# •01Ute Nmh lbutof ■aid Ea(t Ul:.Ctbe
tl'J.orM1d Stldi01lt, a«onllq ton.ld Agl.'t!t(l F1!w Juclpent,for a dbfance qt
feet; CheMe run heh l!n:'27• 12:" Ease. t"or a cffatan e of 5"..U to II pohit 01111 1he North 1.;llt of way Jhte of■■kl$	Mrlllie d;	theooe l!llllSoudi88•08' 59'' w alfflg tal North riglitohraylioe lbr1t iJ1,1a111:e ofM.76 fMtto apoillt 111 Cba.gn,ad West li!Je_et' he Eut 112 of theEast Ill ofaalf,iBeeb ZOi Chttift North Ol"l7'U" Won11km1; qreecl Wut lh,e of the Eait lit m' the l'!ffl 1/1 of mt.d Sccffoa 20,	to Old Apqtl ilitl!al fudJIIU!llft (;)r a dismnet of !f(iS.50 feet to dtoPoint of:Beemnbw.

ExhibitB
CDDNOTICE

Tablo  1.     ESTIMATED  TOTAL  ANNUAL   DISTRICT  ASSESSMENTS   DUE   PER  DWELLING   UNIT   FOR  EACH  OF THE
DISTRICT'S FIRST THREE (3) FISCAL  YEARS (actual assessments  may  vary from  the amounts set forth  below  and  Operations and
-Infrastructure Maintenance AssessmentsJDay big!ier i suh_!equ t ye s b ed ac al b get.!_ado!!ed 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)	

Eseimated Annual Administrative Assessments (includes both Operations and Infrastructure Maintenance Assessments) (see Section 3.4 Below)	

Estimated Total A!m!:!!!l District Assessments Due for each of the District's fint three (3) fiscal years (see Section 3.S Below)	
Simde Familv Residential	$900	$ 540	$1,440	

Tablo 2 BREAKDO'\VN OF ESTIMATED MONTHLY.DISTRICT ASSESSMENTS FOR EACH OF THE FIRST THREE (3) FISCAL
YEARS (actual assessments may vary from the amounts set forth below and Operations and Infrastructure Maintenance Assessments may be higher in subsequent years based on actual budgets adopted by the District).

Type of Dwelling Unit (and Phase, if Applicable)	
Estimated Monthly District Onerations Assessments	
Estimated Monthly Districl Infrastructure Maintenance Assessments	
Estimated Monlbly District Capital Assessments (Estimated Annual District Capital Assessments divided by 12)	
Simde Family Residential	$45	$0	$ 75	

Table 3 ESTIMATED INITIAL PAYOFF OF CAPITAL ASSESSl\lENTS  (does not  include interest  on the  bond  prindpal due through the nn:t Payment Date) AND ESTIMATED TOTAL PAYMENTS IF ANNUAL PAYMENTS ARE MADE OVER THE TERM OF THE BONDS

Type of Dwelling Unit (and Phase. if
Applicable)	
Initial Estimated Prepayment Amount lo Pay off Dwelling Unit's pro rata share of District Bonds at time Dwelling Unit Closes (this amount declines as principal payments att made annually and does NOT include Interest that may be due through the next applicable bond payment date	Estimated Total Capital Assessments including Principal and lntettsl if Capital Assessments are Paid Annuillly (No Prepayment) over Thirty (30) years (Estimated Annual District Capital Assessments times 30)	
Sin11:le Familv Residential	$13,080	S 27,000	

PURCHASERS INITIALS

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The District. All of the residential dwelling units ("Dwelling Units") in the Crestview West Community Development District (the "Development") are also located within the boundaries of the Crestview West 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 ounty ("County").- T pr.ima urpostu1f tMDistrictis (o_fmance the cost of_ the pttblie inffllS!metllre ef the Development vll!ich ma , include, without liroitatiao, water and sewer facilities, environmental mitigation, roadways, the surface 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 INITIALS

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 District 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 the public process.

 	 PURCHASER'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 l. Currently, it is estimated that the Dwelling  Units in the Development will be assessed based on the Capital and Administrative Assessments listed in Table I 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 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 of up 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 annual District Capital Assessments including principal and interest levied on each Dwelling Unit is expected to be approximately
$See Exhibit B. (approximately $See Exhibit B per month), 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 Dwelling Unit over the term of the Bonds [thirty (30) yearsJ is approximately$ See Exhibit B.

 	 PURCHASER'S INITIALS

prepaying the aggregate amount of District Capital Assessments levied on e owner s we mg 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 amount 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 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 $ See Exhibit B per year per Dwelling Unit, after which time such assessments may vary from year to year and from time to time.

 	 PURCHASER'S INITIALS

District 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 constitute 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, 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.

 	 PURCHASER'S INITIALS

PURCHASER:	PURCHASER:

 	

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

Print Name: 	_
Date: 	_

10

a

ADDENDUM TO PETITON TO ESTABLISH CRESTVIEW WEST COMMUNITY DEVELOPMENT DISTRICT
Petitioner,  Marso] I, L.L.C.,  a  Florida  limited  liability  company ("Petitioner"),

hereby submits this Addendum to the Petition dated October 8, 2007 to Establish the

----------'	t Community DiwelopmeRt District (CDD) in Miami Dade County, Florida and states as follows:
Responsibility for Landscape Maintenance in the Public-Right-of-Way: The

maintenance of improved swales and medians in the public Rights-of-Way excluding swale maintenance by owners of property as defined by Chapter 19 of the Code of Miami-Dade County shall be provided by this CDD including but not limited to; irrigation, landscape lighting, payment of related utility bills, turf, trees, shrubs and any other landscaping improvements provided or caused by this development, covenants associated with landscaping permitting in the public rights-of-way notwithstanding. In the event this CDD is dissolved or becomes defunct and fails to provide maintenance services within the public Rights-of-Way as specified herein, the required dormant multipurpose maintenance special taxing district shall be activated to provide any such maintenance services.

-z,rd

Respectfully submitted this :c.. 	day of	Decett<her .2001.

company

Print Name: Marcial Solis

Title: General Manager

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Tl-lEO.     S.W.     158th       CT.	_J
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--DISTRICT BOUNDAR ES	

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S.W.	162nd AVE.

CRESTVIEW WEST
COMMUNITY DEVELOPMENT DISTRICT	
	(COMM. 0009)	EXHIBIT "B"
SECTION: 20-55-39	TO THE ORDINANCE	

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STATE OF FLORIDA	)
) SS: COUNTY OF MIAMI-DADE	)

I, HARVEY RUVIN, Clerk of the Circuit and County Courts, in and for Miami-Dade County, Florida, and Ex-Officio Clerk of the Board of  County  Commissioners  of  said county, DO HEREBY CERTIFY that the above and foregoing is a true and correct copy of Ordinance 08-32 ,  adopted by  the said Board of County  Commissioners  at its meeting  held on   March 18, 2008	, as appears of record.

IN WITNESS WHEREOF, I have hereunto set my hand and official seal on this 31st	day of	March	, A.D.,2008.

HARVEY RUVIN, Clerk

Board of County Commissioners Miami-Dade County.Florida

By: _]..\L-"--Qi-- i;  -----=	=--
Deputy Clerk

Board of County Commissioners Miami-Dade County, Florida

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