Loading...
HomeMy WebLinkAboutR-93-0620J-93-709 9/27/93 G RESOLUTION NO. A RESOLUTION, WITH ATTACHMENT, RELEASING LATIN STARS, INC. OF ALL THE OBLIGATIONS CONTAINED IN THE COVENANT TO RUN WITH THE LAND DATED MAY 1, 1989, AND RECORDED IN PUBLIC RECORDS BOOK 14089 ON PAGE 1623 OF THE PUBLIC RECORDS OF DADE COUNTY, FLORIDA; INSTRUCTING THE DIRECTOR OF PUBLIC WORKS TO EXECUTE A RELEASE OF COVENANT, IN SUBSTANTIALLY THE ATTACHED FORM, TO EFFECTUATE SAID PURPOSE. WHEREAS, in consideration of the City of Miami's authorization to install certain non-standard improvements consisting of decorative plaques in the sidewalk area along Southwest 8th Street between Southwest 12th Avenue and Southwest 17th Avenue in the City of Miami, Florida, Latin Stars, Inc. entered into a covenant dated May 1, 1989, whereby it agreed to maintain said plaques and to indemnify and hold the City of Miami harmless from any liability which may arise out of the construction, maintenance, or removal of said plaques; and WHEREAS, pursuant to Resolution No. 89-708, adopted July 27, 1989, the Miami City Commission approved, in principle, the concept of inlaying plaques in the sidewalk on Southwest 8th Street between Southwest 12th Avenue and Southwest 17th Avenue in the City of Miami, Florida, to honor international artists, C C I'7 A CITY COAMIMSSIOM P.5r,'_-71"TG OF SEP 2' 7 MM Rosolution No. sports figures and outstanding individuals on the Latin community and instructed the administration to work with Latin Stars, Inc. to prepare a plan for the project and present it to the City Commission with a recommendation regarding said plan; and WHEREAS, pursuant to Resolution No. 90-523, adopted July 12, 1990, the Miami City Commission approved -the implementation, in a form acceptable to the City Attorney, of the aforementioned plan, subject to the condition that there be compliance with all "Latin Stars" nominees by the City Commission prior to the issuance of plaque permits by the City; and WHEREAS, Latin Stars, Inc., having been granted the right and license to inlay the aforementioned plaques, continually violated the spirit, intent and direction of Resolution No. 90-523 by applying for plaque permits and by holding ceremonies for "Latin Stars" nominees which had not received prior approval by the City Commission; and WHEREAS, pursuant to Resolution No. 92-184, adopted March 12, 1992, the Miami City Commission rescinded Resolution No. 90-523, thereby terminating the right and license granted to Latin Stars, Inc. to inlay and maintain the aforementioned plaques; and WHEREAS, the Corporate entity known as Latin Stars, Inc. failed to renew its registration with the State of Florida and as of August 13, 1993, has the status of a dissolved corporation under the laws of the State of Florida; and WHEREAS, the dissolution of Latin Stars, Inc. renders it unable to comply with its obligations contained in the covenant; and -2- — C`/d''0 WHEREAS, the Miami City Commission finds it is in the best interest of the City of Miami and its residents to release Latin Stars, Inc. of all the obligations contained in the aforementioned covenant and to instruct the Director of Public Works to execute a release of covenant to effectuate said purpose; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings set forth in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. Latin Stars, Inc. is hereby released of all the obligations contained in the covenant to run with the land dated May 1, 1989 and recorded in Public Records Book 14089 on page 1623 of the Public Records of Dade County, Florida. Section 3. The Dir.eotor of Public Works is hereby instructed to execute a release of covenant, in substantially the attached form, to effectuate the above stated purpose. Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 27th day of September, 1993. XAVIER L. S REZ, Mi<YOR MATTY HIRAI, CITY CLERK -3- 93` 6120 RELEASE OF COVENANT TO RUN WITH THE LAND WHEREAS, in consideration of the City of Miami's authorization to install certain non-standard improvements, consisting of decorative plaques in the sidewalk area along Southwest 8th Street between Southwest 12th Avenue and Southwest 17th Avenue in the City of Miami, Florida, Latin Stars, Inc. entered into a Covenant to Run With the Land whereby it agreed to maintain said plaques and to indemnify and hold the City harmless of any liability arising out of the construction, maintenance or removal of said plaques; and WHEREAS, said covenant was entered into on May 1, 1989 and was duly recorded in Official Record Book 14089 at page 1623 of the Public Records of Dade County, Florida; NOW, THEREFORE, in consideration of the fact that all the conditions of the aforesaid Covenant have been met or have been rendered unable to be met, and there being no further reason for its existence, the City of Miami hereby and herewith releases, relinquishes, and forever discharges Latin Stars, Inc. of and from any lien, encumbrance, effect or requirement of the aforesaid Covenant to Run With the Land on the following described address: THE PUBLIC RIGHT OF WAY of Southwest 8th Street between Southwest 12th Avenue and Southwest 17th Avenue, in the City of Miami, Florida, and hereby directs the Clerk of the Circuit Court to cancel the same of record. IN WITNESS WHEREOF, the CITY OF MIAMI, a Municipal Corporation of the State of Florida, in the County of Dade, has caused this instrument to be executed and signed in its name by its Director of Public Works, thereunto duly authorized this day of , 1993 93- 010 t r Signed, Sealed and Delivered in the presence of CITY OF MIAMI By: Waldemar E. Lee Director Public Works Dept. 1st Witness to Signature Print Name Print Address City, State and Zip Code Second Witness to Signature Print Name Print Address City, State and Zip Code STATE OF FLORIDA) )SS: COUNTY OF DADE ) The foregoing instrument was acknowledged before me this day of , 1993 by WALDEMAR E. LEE, Director of the Public Works Department of the City of Miami, a municipal corporation of the State of Florida, in the County of Dade, on behalf of the City of Miami. He is personally known to me and did not take an oath. My Commission Expires Notary Public, State of Florida at Large APPROVED AS TO FORM AND THIS INSTRUMENT CORRECTNESS: PREPARED BY THE DEPARTMENT OF PUBLIC WORKS, CITY OF MIAMI, A. QUINN JONES, III FLORIDA CITY ATTORNEY 93- 620