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Approval and execution of documents related to the conveyance of the Sanford Burnham Prebys Medical Discovery Institute’s facilities at Lake Nona to the University of Central Florida:
Termination and Release Agreement (SBP - Funding Parties);
Termination of Memorandum of Ground Lease;
Termination and Release of Primary Leasehold Mortgage and Security Agreement;
Transfer Agreement;
County Deed;
Release and Termination of Easement Agreements;
Termination of Access License Agreement (Permanent Facilities);
Amended and Restated Funding Parties Agreement; and
Termination of Memorandum of Funding Parties Agreement;
Approval of:
Special Warranty Deed for Improvements;
Promissory Note;
Mortgage;
State of Florida Uniform Commercial Code Financing Statement Form (County);
State of Florida Uniform Commercial Code Financing Statement Form (State);
and Release of Use Restriction and Reverter;
Authorization to record instruments for:
Delegation of authority to the Manager of the Real Estate Management Division or designee to perform all actions necessary and incidental to the transfer of the Property pursuant to the Transfer Agreement, including authority to furnish and execute any notices or instruments required or allowed under the Transfer Agreement and to insert the transfer date into any of the foregoing instruments requiring the insertion of an effective date; and
Delegation of authority to the County Administrator or designee to do all other things necessary and incidental for the performance of County obligations under the foregoing instruments.