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HomeMy WebLinkAboutQuit Claim 4.or - , in%I,unit cl J'iihaicd l v 1LLJNL. l"E'ACH IN. E$Q CC[ Y0FM1,MI C'iI Y ATTORNE}'S OF PI CE aaa S w 2"' nvENUE "'HAN11 FLORJUA 31 0-J910 CORRECTIVE QUIT CLAIM DEED This Carrcccive Quit -Claim Deed, is made as of this 5 day of July, 2006, by the City ofMialiiJ, a rnun3c2pa) corporation of the State of Florida, whose post office address is 444 S W. -"d Avenue: Miami; Florida 3-130, hereinafter called the "Granter'', to Miami Dream Hones Investn;ent Group, Inc. ; a Florida corporation, whose address is 220 N W. 130" Avenue, Miami, Florida 33182, hereinafter called the "Grantee" Witnesseth? That the Grantor, for and in consideration of the sun? of Ten Dollars ($10.00) and other valuable. consideration, the receipt of which is hereby ackriowledged, does hereby reniise, release, convey and quit -claim unto the Grantee forever, all of the Grantor's right., title and interest in that certain land situated in Miami -Dade County, Florida, hereinafter referred to as the "Property" to wit: Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of - Dade County, Florida, a.k.a 6020 N W. 15 Avenue., Mianii, Florida. and J Lots 12 and 13, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the. Public Records of Dade County, Florida, a k.a 1612 N.W. 60 Street, Miami, Florida. and Lot 24, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the, Public Records of Dade County, Florida; a.k.a. 1543 NW 59 Street, Miami, Florida. and Lots 11, 12 and 13, Block 14, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a 1535 N.W. 58 Terrace, Miami, Flurida and THIS DEED CORRECTS CONDDITIONS/RESTRIC'TIONS NO. 5 AND 7 STATED IN THAT CERTAIN QUIT CLAIM DEED DATED SEPTEMBER 2-7, 2005, RECORDED SEPTEMBER 28, 2005, IN OFFICIAL RECORDS BOOK 23817, AT PAGE 3363, OF THE PUBLIC RECORDS OF MIAMI -DARE COUNTY, FLORIDA. =" ` Pageof 3 it cjoc,•mcnl 43137 . A R, Subject to: it Document 43)'.7 Lul Ddocl,. 12, of C- HLiGHTS; ac_ �ing to the Plat thereof; as recorded ii; Plat Book 14,. Page 62, of the Public Records of Dade Count, Florida, a k a i 525 N V,'' F(1 Street, Mianni, );londa and Lot 23, Block 9, of OPANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page. 62, of the Public Records of Dade- County, ade County, Florida, a k a 147 7 N V 60 Street. Miami, Florida Conditions, restrictions, easements, limitations and reservations of record, though this reference is no! intended to reimpose same, 2. Applicable zoning ordinances, codes, rules and regulations, 3. Taxes and assessments for the current Year and all subsequent years, 4 The Property is being taken by the Grantee "as is" with the Grantee being solely responsible for the removal of any environmental contamination if present on the Property; and 5 The title to the Property shall inimediately and automatically revert to and vest in the Grantor in the event that: (A) within six (6) months from the date of this Corrective Quit Claim Deed, or such later date as may be approved by the City Commission of the City of Miami, the Grantee has not commenced construction, to the satisfaction of the Grantor in its sole judgment, of a minimum of nine (9) single-family homes, or a combination of nine (9) townhornes and condontiniums (hereinafter referred to as the "Homes"), on the Property, or (B) within six (6) months from the date of this Corrective Quit Claim Deed, or such later date as may be approved by the City ConLmission of the City of Miami, the Grantee has not commenced construction, to the satisfaction of the Grantor in its sole judgment, of a seven. (7) unit multi- family rental project on the parcel located at Lot 15, Block 12; of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florid?, or (C) on or before April 30, 2008, or such later date as may be approved by the City Conumssion of the City of Miami (i) the construction of ali of the Homes has not been con-ipleted, as evidenced by the issuance of CertiEcates of Occupancy, or (ii) all such single family Homes have not been sold to qualified Low Income homebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 CFR Part 92), or (ii)) the construction of the seven (7) unit multi- family rental project has not beer, con;pleted, as evidenced by the issuance of all required Certificates of Occupancy, or (iv) the. Grantee has not conveyed to the Grantor by Special Warranty Deed the seven (7j unit multi- family rental project and the parcel located at Lot 15, Block 12, of ORANGE HEJGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62.. of the Public Records of Dade County, Florida; a.k.a. 1525 N.W 60 Street; Miami, Florida. 6 The saiespr;ce for each of the Homes shall not exceed $236,000 00 per unit. Page 2 of 3 / he 1' s si lb tc.: 1G all l t'.sl!lCii01?s as stnit adot;te.d by th, _llY Com:-1-,lsslon on May 26; 2005 anr0 s0!L ;on 06-0329 aGcipted by the. Clly Cc7u1,,;:.,:0,; on',\lay 25, 2006 HaVaJld 1 0 i, In' eTn tOg er \!)t all and .l::F:i r cr, menis Ter d]Tan7e1]ts and appunenances ihereto beiong:ng or in anyv� sc appertaining, and alt the estate, right, title; interest, lien., equity, and cairn whatsoever of the Grantor, either in la,'k, or in equity, to the use, benefit ar..d behaif of the Grantee forever IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year first written above Signed, sealed and delivered pur pre en int Name: e j i ct e e Print Name APPROVED AS TO FORM AND CO TNF1 )tcme STATE OF FLORIDA CITY OF MIAN1I, a linur-•icipal corporation of the State of Florida Pedro G. Hern'a ez City Manager ATTEST: P .ISCILLA A. THOM City Clerk ACKNOWLEDGMENT )SS: .1 COUNTY OF MIAMI-DADE ) Before me, the undersigned authority, personally appeared 3ssa as City Manager of the City of Miami, to me well known to be the person described in and who executed the foregoing insti-ument and who acknowledged to and before me that lie executed said instrument under oath, and for the purposes therein expressed Vlitness my hand and official seal in the County and State last aforesaid tiZis o� b day of A� c %006. PRINTED- STAMPED OR TYPED SIG ATUR.EOF NCfTARY PUBLIC NAME OF NOTARY PUBLIC STATE OF FLORIDA My Con7inission Expires' it Document 43137 .r . .0 is Cn�1TF Co , Inc