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HomeMy WebLinkAboutCorrective DeedThis Instrument Prepared By and Return To. r r FIFE TE"CHIN, ESQ. } C1T1 OF MIAM) CITY ATTORNEY'S OFFICE 444 S. W. 2" AVENUE 'vU 11, FLORIDA 33130-1910 CORRECTIVE QUIT CLAI 11 DEED This Corrcctive Quit-Ciairn Deed, is made as of this 5 day of July, 2006: by the City of Miarni, a municipal corporation of the State of Florida, whose post office address is 444 S W Lna 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`x' 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 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 NW. 15 Avenue, _-Miami, Florida. and J Lots 12. and 13, Block 13, of OFANTGE 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 J Lot 24, Block l 3, 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 I.W. 59 Street, Miami, Florida. and J ✓ 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 Tenace, Miami, Florida. and THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NO. 5 AND 7 STATED IN TIIAT CER'T'AIN QUIT CLAIM DEET) DATED SEPTEMBER 2'7, 2005, RECORDED SEPTEMBER 28, 2005, IN OFFICIAL RECORDS BOOK 2351'1, AT PACE 3363, OF THE PUBLIC RECORDS OF MIAIMI-DAISE COUNTY, FLORIDA. Pa�e'l of 3 r.Uocurnent 43137 ,Subject to: Lot' . Block 12, of ORANGE HEIGHTS, act :ing 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, ivliarri., F1Orida. and Lot 25, Block 9, of OP.ANCE HEIGHTS, according to the Plat thereof; as recorded in Plat Book 14, Page. 62, of the Public Rec.orcts of Dade County, Florida, a.k a 1,47/7 N W 60 Street, Miami, Florida Conditions; restrictions, easements, limitations and reservations of record, though this reference is not intended to reimpose same; 2 Applicable zoning ordinances, codes; rules and regulations; 3 Taxes and assessments for the current year and a'J 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 in3inediately 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) townhomes and condon=Junrs (hereinafter referred to as the "Homes"), on the Property, or (13) within six (6) months from the date of this Corrective Quit Claim Deed, or such later date as may be approved by the City Coir—mission of the City of Manu; 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, Florida, or (C) on or before April 30, 2003, or such later date as may be approved by the City C0111IMssion of the City of Miami: (i) the construction of all of the Holnes has not been completed, as evidenced by the issuance of Certificates of Occupancy, r2. (i all such single family Homes have not been sold to qualified Low Incorne hoinebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 CFR Part 92), or (iii) the construction of the seven (7) unit n-iulti- family rental project has not been completed, 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 (7) unit multi- family rental project and the parcel located at Lot 15, B'.ock 12, of ORANGE HEIGHTS, according to the, Plat thereof, as recorded in Plat Book 14; Page 62, of the Publ-c Records of Dade County, Florida, a.k.a. 152.5 N.W. 60 Street, Miam:, Florida. 6 The sales pace for each of the Homes shall not exceed 1236;000 00 per unit. Page 2 of 3 ;t.Documcnt 43 J 37 T_le P e,1Tv is Subject to all i estilctions as stater'_'solut on 03 -03 `% ad Opted by tli, —it'y ComnilsS on on lvla)� 26; 2005 ai c solution 06-0329 adopted by the Cit;: Ccirniission on Nlay 25, 2006 ToHave _nd To Hol(J, the same together with all and sing21ar terements, hereditaments and appurtenances thereto belonging Or in any,�rise appertaining, and all theestate, right, title, interest, lien, equity, and clai:'n v✓hatsoe.ve.r 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 lies signed and sealed these presents the day and year first v✓ritteri above. SiCned, sealed and delivered ,, PUT pre en^ int Name: Print Name: APPR0VT?T) A,� TO F01-7 ANI D STATE OF FLORIDA CITY OF MIAMI, a municipal corporation of the State of Florida By Pedro G. Herne ez City Manager ATTEST: r� , // r kISCILLA A. TROMPS . J City Clerk ACICNIdWLTEDGI4ENT )SS: 'i COUNTY OF MIAMI -DADS ) Before me the undersigned authorit,,. personally appeared 3�; �� a, as City Manager of t''ae City of Miami, to me weal 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 2006. PRINTED. STAMPED OR TYPED NAME OF NOTARY PUBLIC n seal in the Countv and State last aforesaid this c,/ 6 day of SIGATUR H OF NdTARY PUBLIC STATE OF FLORIDA My Conuiiission Expires: ,i�:'i,, „• ` sem.. f Y'>j•:.-, ;'r i::ruCLI77Ci)[4jij7 =°.� 1l"0; L:UTR!TiSSI on i r 1: 3orded'1'hru er ,lar tic iondin'L Co., Inc. Page. 3 of 3