DEVELOPMENT AGREEMENTDevelopment Agreement • February 4th, 2021
Contract Type FiledFebruary 4th, 2021This Agreement (the "Agreement") is made and entered into, effective as provided under the hereafter described Act (the “Effective Date”), by and between Sandrift Condominium Association of Naples, Florida, Inc., a Florida not for profit corporation, as Termination Trustee for, and subject to the rights of, the timeshare unit owners under Corrective Plan of Termination of Sandrift, a Condominium recorded on January 14, 2021 in OR Book 5876 at Page 751, et. seq., of the Public Records of Collier County, Florida, whose post office address is 613 East Lake Drive, Naples, Florida 34102, its successors and assigns (the "Land Owner"), and Shawn T. Kaleta, whose post office address is c/o Sean Kelly and Louis Najmy, Najmy Thompson PL, 1401 8th Avenue West, Bradenton, Florida 34205 (the “Purchaser”) and its successors and assigns and the City of Naples, a municipal corporation of the State of Florida, whose Post Office Address is 735 Eighth Street South, Naples, Florida 34102 (the "City").