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HomeMy WebLinkAbout0771 . ' ' ' : ~b ~ . , ; , ~ ~ JOINT t7ENTURE AGREEMENT `33~~i . 4 ~ r' ~ THiS JOINT VENTURE AGREEMENT made and entered into this 27th day of June , 1973, by and between MR, N. A. HARDIN, herexnafter sometimes referred to as "Mr, Hardin" and HARRISON LAND DEVELOPI?iENT, INC., a F2orida corporation, hereinafter sometimes referred to as "Harrison Land"; ; . W I T N E S S E T H: ~ ~ i ~ WHEREAS, the parties hereto desire to form a joint venture - i ! ~l under the laws of the State of Floriita for the purpose of acquiring, ~ ~ developing, operating and otherwise engaging in any activities relating ~ ~ to the acquisition and development of certain tra~ts of land more particu2arly described hereinafter; and ~ WHEREAS, the parties hereLO desire to state.their respective - r rights, duti~s,. and responsibilities with respect to such joint venture; ~ NOW, THEREFORE, in consideration of the premises and of the ~ ; ~ mutual promises, obligat~ons and agreements contained herein, the ~ Y ~ ~ parties a3r~e as fallc~•~s: ~ ~ ; j 1. Formation of Joint-Ven~ure. ~ ~ The parties hereto hereby form a joint venture under the laws ~ _ ~ of the State of Florida, which shall conduct its business under the name: ~ ~ "F1aGo1" ' The joint venture shall have its princ~.pal place of business at : - - 8700 North Lake Dasha Drive, Ft. 7~auderdale, Florida or such other :i. ~ ~ place as the parties shall designate. E 2. Purpose of the Joizt Venture. ~ - ~ ' The primary purpose of the joint venture shall be to acquire R ~ the tracts of land described on Exhibits "A", "B" and "C" hereto. ~In connection therewith, the joint venture shall engage in the business ~ ~ of planning, designing, constructing, developing, owr.ing, leasing and ~ : operating such buildings and other improvements on such lands as shall ~ ~ _ _ ~ ~ ' be approved b the y parties hereto in accordance with the provisions ~ of this Joint Venture Agreement. ~ ~ ~ ~ t ~ - ' ~p N ~*~c PAt,~f ~ I ' - ~s c~,t ~ - . F ~ 0 ~ ~