APPROVED BY ORANGE COUNTY BOARD

OF COUNTY COMMISSIONERS

RESOLUTION of the

ORANGE COUNTY BOARD OF COUNTY COMMISSIONERS

regarding

INTERNATIONAL DRIVE MASTER TRANSIT AND IMPROVEMENT DISTRICT

MUNICIPAL SERVICE TAXING UNIT

Resolution No. 2001-M- 08

WHEREAS, on November 10, 1992, the Orange County, Florida Board of County Commissioners (the "Board") adopted ResolutionNo. 92-M-64 which created the International Drive Master Transit and Improvement District Municipal Service Taxing Unit (the "District MSTU"). Appendix A to said Resolution included a description by parcel number of the property to be located within the District MSTU; and

WHEREAS, the Board amended the District MSTU by adopting Resolution No. 92-M-70 on December 22,1992 and Resolution No. 95-M-103, to add additional parcels ofproperty to the District MSTU; and

WHEREAS, the governing board of the District desires to once again amend the District MSTU to add certain additional parcels and delete certain parcels to be included within the boundaries of the District MSTU.

NOW, THEREFORE BE IT RESOLVED BY THE BOARD O F COUNTY COMMISSIONERS OF ORANGE COUNTY, FLORIDA:

Section I . Amendment. The District MSTU is hereby amended to add certain additional parcels set forth in Exhibit A attached hereto, which is incorporated herein by this reference, which parcels shall be included within the boundaries ofthe District MSTU. The District MSTU is also hereby further amended to delete certain parcels set forth in Exhibit B attached hereto, which is incorporated herein by this reference from the District MSTU. Resolution No. 92-M-64, as amended by Resolution No. 92-M-70 and ResolutionNo. 95-M-103, is hereby also amended to replace Appendix A thereto with the revised Appendix A attached hereto, which is incorporated herein by this reference. Said revised Appendix A attached hereto shall be construed as supplanting and replacing the Appendix A appended to Resolution No. 95-M-103.

Section 2. Ratification. Except as amended and supplanted by the substitution of the revised Appendix A attached hereto, Resolution No. 92-M-64, as amended by Resolution No. 92-M-70 and Resolution No. 95-M- 103, shall remain in h l l force and effect and said Resolution is hereby ratified and reaffirmed as amended.

Section 3. Severability. If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this Resolution whch can be given effect without the valid provision or application and to this end the provisions of this Resolution and declared severable.

Section 4. Effective Date. This Resolution shall take affect immediately upon its adoption this 20th day of March 2001.

ORANGE COUNTY, FLORIDA By: Board of County Commissioners

n By:, /& A & 4

0. Haynie, Orange County Com aiX3hntv Commissioners

By:

County Chairman

EXHIBIT A

Description of Parcels to be included in the International Drive Master Transit

and Improvement District Municipal Service Taxing Unit

7 2923 18278200050 WESTGATE RESORTS LTD 2,303,208.00 8 29231 8278200021 U S A INVESTMENTS INC 35% INT & 414,864.00 9 29231 8278200010 ORANGE BANK BUILDING INC 6,515,773.00 10 2923 18278200040 CYPRESS CREEK SHOPPING CENTER CORP 1,203,5 15.00 1 1 2923 1927880001 0 BT ORLANDO LP/ FESTIVAL BAY 34,657,346.00

EXHIBIT B

Description of Parcels to be deleted from the International Drive Master Transit and

Improvement District Municipal Service Taxing Unit

52 282424584400412 FEINBUDH 53 28241 3628300101 ROSSMAN NANCY A 54 2824 136283001 00 EMERSON FINANCIAL CORP 78.000.00 55 282413628300103 BLACK RONALD W & 56 2824225 10700002 LITTLE LAKE BRYAN PROPERTY OWNERS 57 2824225 10700001 LITTLE LAKE BRYAN PROPERTY OWNERS 100.00 58 282422508900000 LITTLE LAKE BRYAN PROPERTY OWNERS 100.00 59 282422508900001 LITTLE LAKE BRYAN PROPERTY OWNERS 100.00 60 2824 13628303050 WESTWOOD LAKES PROPERTY OWNERS 100.00 61 282413628303050 WESTWOOD LAKES PROPERTY OWNERS 100.00 62 2824 136283 12060 WESTWOOD LAKES PROPERTY OWNERS 100.00 63 28241 36283 12070 WESTWOOD LAKES PROPERTY OWNERS 100.00 64 28241 36283 12080 WESTWOOD LAKES PROPERTY OWNERS 100.00

67 28241 36283 12085 WESTWOOD LAKES PROPERTY OWNERS 100.00

69 2824 136283 12020 WESTWOOD LAKES PROPERTY OWNERS 100.00

INTERNATIONAL COVE OWNERS ASSN INC 282325385300003 INTERNATIONAL COVE OWNERS ASSN INC 282325385300002 'INTERNATIONAL COVE OWNERS ASSN M C

127 282414479600012 DEACON JEFFREY I & 259,512.00 128 2824 144796000 10 CHENG SUN WAH & 261,488.00

VISTANA RESO

APPENDIX A

DESCRIPTION OF THE INTERNATIONAL DRIVE MASTER TRANSIT AND IMPROVEMENT DISTRICT

The International Drive Master Transit and Improvement District shall encompass the property referenced by the following parcel numbers on the Orange County ad valorem tax assessment roll as ofthe effective date of the Resolution to which this Appendix is attached:

34 282325276100050 ANSARIS DISTRIBUTORS INC 35 2823252001 0201 0 ANSIBAS PROPERTIES

JACQUELINE H . 41 282325000000066 BAILES JACQUELINE H 1,098,710.00

APP A-1

44 282336378700010 BARA INVESTMENTS 2,586,025.00

55 282325277900091 BARAKAT INTERNATIONAL INC 785,138.00 56 2823363 15 100030 BARCELO HOTELS U S A INC 1,498,515.00 57 2823363 15 10001 0 BARCELO HOTELS U S A INC 8,281,074.00

62 282427000000008 'BECK JAMIE W & 400.00

91 282424584400493 BOYD ROSS I & 66,500.00 92 282325540402020 BRISTOL HOTEL ASSET COMP 17,121,449.00 93 2923 191 791 0001 0 BROWN TROUT INVESTMENTS LTD 2.064.750.00

APP A-2

, ,

108 282426584401 1 10 BUENA VISTA SHORES LTD 287,500.00 109 282426584401 100 BUENA VISTA SHORES LTD 585.650.00

12 1 2923 185401 04050 CARAVAN HOTEL PROPERTIES 5,178,253.00

132 28242251 0806002 CELEBRATION CO THE 100.00 133 2824225 10802000 CELEBRATION CO THE 100.00

CELEBRATION CO THE

APP A-3

APP A-4

APP A-5

2824355844001 02 GARDUNO GLORIA & 282325540501071 "GARLICK MICHAEL TR 28232500000001 1 GATEWAY INN LLC 282325278600010 GATEWAY INN LLC 282432000000003 GCB ASSOCIATES LTD

272 282433000000001 GCB ASSOCIATES LTD 1 1 1,769.00 273 282433000000001 GCB ASSOCIATES LTD 1 1 1,769.00 274 282433928606000 GCB ASSOCIATES LTD 6.736 00

280 282433928600003 GCB ASSOCIATES LTD 100.00

297 282433928608001 H I FAMILY SUITES INC 298 2824 12000000038 HARCOURT INC

, ,

304 292330282000020 HAZEN ALBERT & 1,738,029.00

APP A-6

307 282414584401 090 HICKMAN ANDRE FRANCOIS & 6 15,000.00 308 2824 1447960 1000 HICKMAN ANDRE FRANCOIS & 1.1 10.550.00

320 282325280400070 HINES GEORGE L 32 1 2823367 15202000 HLC PROPERTIES INC

7 7 - - -

322 282325000000054 HS LAND HOLDINGS LTD 872,973.00 323 28242358440091 0 HVS CORP 400,000.00 324 282434000000022 I T 2 INC 10,325.00

333 28241 1382900010 ILH COMPANY 334 28241 1382900020 ILH COMPANY

APP A-7

370 282325000000004 JUPITER HOTELS LIMITED PARTNERSHIP 5,676,438.00

386 28243558440042 1 KERBEN DAVID TR 111.00

395 28232581 8000020 KESSLER LAKE BUENA VISTA 111 LTD 396 282325280400020 KFC NATIONAL MANAGEMENT CO

APP A-8

10,585,927.00

16,104,OO 1 .OO

NERSHIP RESORTS INC

APP A-9

51 6 282427433600350 ORANGE COUNTY BCC 278,816.00 5 17 28242800000001 8 ORANGE COUNTY BCC 100.00 5 18 282433928600004 ORANGE COUNTY BCC 100.00

APP A- 10

521 282434000000049 ORANGE COUNTY BCC 191,061 .OO

529 28242400000001 1 ORANGE COUNTY BCC 57,300.00

532 282336717603000 ORANGE COUNTY BCC 100.00 533 282325000000028 ORANGE COUNTY BCC 100.00 534 28240 17 16002000 ORANGE COUNTY BCC 5,052,794.00

56 1 2823367 15202001 ORLANDO PLAZA SUITE HOTEL LTD 13,836,592.00 562 28242358440 101 3 ORLANDO PROPERTY DEVELOPERS INC 20,000.00

RE HOTELS LLC

APP A-1 1

. 8 1 50 PREFERRED EQUITIES C O W 277,85 1 .OO

591 28241 36283001 33 PREFERRED EQUITIES CORP 592 28233671 651 001 3 PRIME HOSPITALITY C O W

, ,

598 282325000000024 R E DOWDY #2 LLC 2,340,856.00

609 2824355844001 00 RANI INTERNATIONAL INC 500.00

28243 5584400232 RANI INTERNATIONAL INC 28243 5584400430 RANI INTERNATIONAL INC

622 282435584400413 RANI INTERNATIONAL INC 55,000.00

APP A- 1 2

292330290400420 RESORT DEVELOPMENT INTERNATIONAL INC 29233029040041 0 RESORT DEVELOPMENT INTERNATIONAL INC

3 > -

649 2923 1928430001 0 RJJ PARTNERSHIP 544,320.00 650 2923 19284600020 RJJ PARTNERSHIP 653,412.00 65 1 2923 192846000 10 RJJ PARTNERSHIP 773.3 18 00

653 28242428 100001 0 ROI INC 654 28242428 1000020 ROI INC

. 2 -

660 282325540402040 ROSEN MASTER PARTNERSHIP LTD 114 INT 8,362,192.00 66 1 2824230000000 14 SIC LAND DEVELOPMENT LLC 5 19,092.00 662 282435584400531 SAHAMOINC 168 00

... ..

668 2824 1200000000 1 SEA WORLD OF FLORIDA INC 1,218,315.00 669 28241 292470001 0 SEA WORLD OF FLORIDA INC 9.650.064.00

675 282413628300040 SEA WORLD OF FLORIDA INC 4,152,000.00

APP A-1 3

LORIDA INC 681 28241 3628300060 SEA WORLD OF FLORIDA INC

--., . / - .-." NAL N C 286,069.00

1 803 368 01)

APP A-14

NA DEVELOPMENT

APP A-15

835 282427892700301 VISTANA RESORT MANAGEMENT INC 2 1735 1 .OO 836 282427892700245 VISTANA RESORT MANAGEMENT INC 2 1 7 3 1 .OO

APP A- 1 6

837 282427893001431 GEMENT INC 263,989.00 838 282427893001302 GEMENT INC 263,989.00 839 282427893001 303 VISTANA RESORT MANAGEMENT INC 263,989.00 840 282427891700801 VIST 232,253.00 841 2824274338021 30 VIST 208,206.00 842 282427433801010 VIST 208,206.00 843 282427892900637 VISTANA RESORT MANAGEMENT INC 24 1,094.00 844 2824 VISTANA RESORT MANAGEMENT INC 2 1735 1 .OO 845 2824278929006 13 VISTANA RESORT MANAGEMENT INC 24 1,094.00 846 282427892900601 VISTANA RESORT MANAGEMENT INC 24 1,094.00 847 282427892900701 VISTANA 24 1,094.00 848 282427892900685 VIS 24 1,094.00 849 282427892900661 VI 24 1,094.00 850 282423584400230 VI 3,127,000.00 851 282423584400230 VITRU FLORIDA INC 3,127,000.00 852 282423584400240 VITRU FLORIDA INC 2,722,000.00 853 282423584400240 VITRU FLORID 2,722,000.00 854 282426584401135 W L K F I N C 103,125.00 855 28241 266520001 0 W9IRSO REAL ESTATE L P 26,688,802.00 856 282325280400030 WALGREEN CO 2,522,035.00 857 28242743400001 0 WATER S 435,509.00 858 2824235844001 3 1 WATERS 102,000.00 859 282325278300010 WAYNE DENS 462,346.00 860 2824 13665500090 WELLINGTON PROPERTY MANAGEMENT INC 4,400.00 861 2824 1366490001 0 WELLINGTON PROPERTY MANAGEMENT INC 198,000.00 862 282423584400020 WELTNER EDNA P 880,050.00 863 182329278200061 WESTGATE RESOR 487,996.00 864 182329278200050 WESTGATE RESORTS LTD 2,303,208.00 865 282412965500020 WESTWOOD 8,836,577.00 866 282412000000023 WESTWOOD TS 5,525,534.00 867 28232528050001 0 WET N WILD 783,126.00 868 282325280600010 WET N WILD FLORIDA INC 922,973.00 869 282325279800000 100.00 870 292418627700030 L P 1,547,600.00 871 282412924300030 WINGATE OF ORLANDO INC 595,944.00 872 292330282000030 WOLK STEVEN J 213 INT & 1,205,911 .OO 873 282433584400510 WONG CORDELIA 215 INT & 67,200.00 874 282427000000047 WORLD OF DENIM INC 1,373,023.00 875 28240 17 1580 1002 WU ENTERPRISES M C 1,764,861 .OO 876 282433000000003 XENEL INTERNATIONAL U S A & 6,944.00 877 282433000000006 XENEL INT 1,250.00 878 2824355844008 13 ZACCAG 36,750.00 879 2823367 1650001 4 ZARCAD 1,750,564.00 880 282435584400422 ZBAR MARCUS & 52,500.00 881 282435584400422 ZBAR MARCUS 52,500.00 882 282435584400423 ZBAR MARCUS & 89,700.00 883 19232927880001 0 BT ORLANDO / FESTIVAL BAY 34,657,346.00

APP A-17