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HomeMy WebLinkAboutCorrective DeedThis instrument Arepared Ey and Feiurn To: ' 1LENE TEN[CHIN. ESQ. CITY OF 0111 Y ATTORNE`.r"S OFFICE 444 S.w.2?D AVENUE r, 1AJAN11. FLOFIDA 33130-1910 CORRECTIVE QUIT CLAIM DEED This Corrective Quit -Claim Deed, is made as of this 5 day of July, 2006, by the Citv of Miami a municipal corporation of the State of Florida, whose post office- address is 444 S.W. 2nd Avenue, Miami, Florida 33130, hereinafter called the "Granior", to hdiami Dream Homes Investment Group, Inc., a Florida corporation, whose address is 220 _11\7 'W 130"' Avenue, Miami, Florida 331 S2, hereinafter called the "Grantee" Witnesseth: That the Grantor, for and in considcration of the sum of Ten Dollars ($10.00) and other valuable, cons-deration, the receipt of which is hereby acknowledged, does hereby remise, releasc, 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 "Prontrty" 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 J Lots 12. and 13, Block 13, of OR kNGE 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 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. 50 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 Terrace, Miami, Florida. and THIS DEED CORRECTS CONDITIONS/REST'RIC'TIONS NO. 5 AND 7 STATED IN THAT CERTAIN QUIT CLAIM DEED DATED SEPTEMBER 27, 2005, RECORDED SE.PTENTBER 28. 2005, IN OFFICIAL RECORDS BOOK 23817, AT PAGE 3363, OF THE PUBLIC RECORDS OF NIIA-MI-BADE COUNT', FLORIDA. t t Page ] of 3 itLocumeni 43137 Lot Block 12, of OP?NGE HEIGHTS, ac ing to the Plat thereof, as ,Fco-ded in Plat Book j14, Pa2e 62, of the Public Records of Dade �2:ounty Florida, a -k_a ',525 60 Street, Miiami, Florida. and i of 25, Block 9, of 01-.ANGE 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 Irv' 60 Street, Miami, Florida. ,Subject to: 1. Conditions; restrictions, easements, 1i, citations and reservations of record, though this reference is not intended m reimpose same; Applicable zoning ordinances; codes; rules and regulations; Taxes and assessments for t_he Current year and ail 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 inuriediately and automatically revert to and vest in the Grantor in the event that: (A) within six (6) months from the date of this CorTective Quit Clain Deed, or such later date as may be approves by the City Commission of the City of Miami, the Grantee has not commenced construction, to the satisfaction of 'he Grantor ;n its sole judgment, of a minimum of nine (9) single-family homes, or a combination of nine (9) townhomes and condonumums (hereinafter referred to as the '`Homes"), on the Property, or (B) w,A iin six (6) months from the date of this Corrective Quit Claim Deed, or such later date as may be approved by the City Co=lssion 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 52, of the Public Records of Dade County, Flor_da, a.k.a. 1525 N.W. 60 Street, Miami, Florida, or (C) on or before April 30, 2008, or such later date as may be approved by the City Commission of the City of Miami (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 qualli led Low Income hcmebuy ers (as denned in the HOME Investment Partnershlps 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, 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, 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. 6 The sales price for each of the Homes shall r.�ot exceed $236,000 OO per unit. Page 2 of 3 &Document 43137 The 1 e.rty is s'-ibject to all restrict;ons as state n Resolution -,5-0357 adopted by th lity Coimriiss)on on Ma,,� 26, 2005 and sol tor. 06-0329 adopted by the City Corrun-fission on I\1a, 2S, 2006. To Have and To Hold, the same Together �:th all and sirng_lar tenements, hereditaments and appurtenances thereto belonging or in antirw3se appertaining, ar,d all thee estate; right, title, interest, lien, eouity, and claim whaisoe.-ver of the Grantor, either in lave or in eQulty, 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 abo'.-e. Signed, sealed and delivered f Pz n^ in Print Name: APP RC ED AS TO FORI�7 AND STATE OF FLORIDA CITY OF MI_AMI., a municipal corporation of the State of Florida Dy -- Pedro G. Herrin&ez City Manager ATTEST PIISCILLA A. THOMPS?1v City Clerk 4CKN'GWL)K D,Gr�ENTi )JS. COUNTY OF I\/-'IAM1-DADS)//' ,1 y Before me, the undersigntd aufnority; personaLy appeared as City Manager of the City of T�,Iiami, to me well known to be the person described in and who executed t1it 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 Iasi aforesaid this day of AJ 1-� , )006. PRINTED, STAMPED OR TYPED SIG ATURE OF N ARY PUBLIC NTAME OF NOTARY PUBLIC STATE OF FLORIDA My Cenuiiission Expires: �,_ 1�, Page. 3 of 3 icDocument4;137 °\ �!"�; CUI1!T,ISSiij!.IaI:U%%�3 ? 3on�ed '1'hru 11 ar [ic Sond ng Co., lnc.