CN-370000-SL011-T63.pdf

This is a Task Assignment Notification Form for Florida Department of Environmental Protection (DEP) Contract No. SL011, issued by the managing agency OES (Office of Environmental Services). The project involves the Ranch Reserve property located in Osceola County, Florida, owned by Kenansville Ranch LLC. The contractor is Owen Title Company, Inc. (FEID No. 59-2940757), with Greg Smith serving as the Contract Manager and Casey Jones as the DEP Designated Task Manager. Susan Branch is the DEP Contract Manager overseeing the assignment.

The task assignment requires the contractor to provide a title commitment on multiple parcels totaling 7,620.88 acres valued at $30,483,500 (BLA# 328942). The contracted rate for title closing services is $200 per title search/closing commitment, with a total task assignment value of $2,600 (13 commitments at $200 each). The title commitment is due within 14 days of task assignment execution, excluding holidays, with the task assignment ending 30 days after closing. If closing occurs, the contractor will be paid for the title insurance policy at the insurance premium/promulgated rate and a closing fee of $150, both appearing on the HUD/Closing Statement. The task is classified as "Commitment Only" with liquidated damages not to exceed $2,600. Funding is allocated from Florida's general revenue (Fund 423001, Object Code 132600) with project number FF10618 for fiscal year 23.