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HomeMy WebLinkAboutQuit Claim Deed 3This Instrument Prepared By and Return To: ILENE TEMCHIN. ESQ. CITY OF M1AM1 CITY ATTORNEY'S OFFICE 444 S.W.2MO AVENUE MIAMI, FLORIDA 33130-1910 CORRECTIVE QUIT CLAIM DEED This Corrective Quit -Claim Deed, is made as of this 5 day of July, 2006, by the City of Miami, a municipal corporation of the State of Florida, whose post office address is 444 S.W. 2`d Avenue, Miami, Florida 33130, hereinafter called the "Grantor", to Miami Dream Homes Investment 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 sum of Ten Dollars ($10.00) and other valuable consideration, the receipt of which is hereby acknowledged, does hereby remise, 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, Miami, Florida. and 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 N.W. 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, Florida. and THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NO. 5 AND 7 STATED IN THAT CERTAIN QUIT CLAIM DEED DATED SEPTEMBER 27, 2005, RECORDED SEPTEMBER 28, 2005, IN OFFICIAL RECORDS BOOK 23817, AT PAGE 3363, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. ���—� o—?—V2- -,— A� 2 Pagel of3 it:Document 117060 JA Qom/ L..� 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, Florida. and Lot 25, Block 9, 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. 1477 N.W. 60 Street, Miami, Florida. Subject to: 1. Conditions, restrictions, easements, limitations and reservations of record, though this reference is not intended to reimpose same; 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 The title to the Property shall immediately 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, 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) townhomes and condominiums (hereinafter referred to as the "Homes"), on the Property, or (B) within six (6) months from the date of this Corrective Quit Claim Deed, 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 Coun , Florida, a.k.a. 1525 N.W. 60 Street. Miami. Florida, or X) (i) the construction of all of the Homes has not been completed, as evidenced by the issuance of Certificates 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 (iii) the construction of the seven (7) unit multi- family rental project has not been completed, as evidenced by the issuance of all required Certificates of Occupancy, a (iv) the Grantee has not conveyed to the Grantor by Special Warranty Deed the seven (7) unit multi- family rental project and 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, Florida. The sales price for each of the Homes shall not exceed $236,000.00 per unit. Page 2 of 3 it:Document 117060 The Property is subject to all restrictions as stated in Resolution 05-0357 adopted by the City Commission on May 26, 2005 and Resolution 06-0329 adopted by the City Commission on May 25, 2006. To Have and To Hold, the same together with all and singular tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining, and all the estate, right, title, interest, lien, equity, and claim whatsoever of the Grantor, either in law or in equity, to the use, benefit and behalf of the Grantee forever. IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year first written above. CITY OF MIAMI, a municipal corporation of the State of Florida Signed, sealed and delivered in our presence: �3 Print Name: Print Name: Pedro G. Hernandez City Manager APPROVED AS TO FORM AND ATTEST: CORRECTNESS: LM JORGE L. FERNANDEZ City Attorney STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE ) PRISCILLA A. THOMPSON City Clerk ACKNOWLEDGMENT Before me, the undersigned authority, personally appeared Joe Arriola, as City Manager of the City of Miami, to me well known to be the person described in and who executed the foregoing instrument and who acknowledged to and before me that he executed said instrument under oath, and for the purposes therein expressed. Witness my hand and official seal in the County and State last aforesaid this day of , 2006. PRINTED, STAMPED OR TYPED NAME OF NOTARY PUBLIC My Commission Expires: it:Document 117060 SIGNATURE OF NOTARY PUBLIC STATE OF FLORIDA Page 3 of 3