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HomeMy WebLinkAboutexhibit 4- release of interestEXHIBIT "C-1" TO AGREEMENT BETWEEN CITY OF MIAMI AND MIAMI-DADE COUNTY This instrument prepared by, and after recording returned to: Henry N. Gillman, Esq. 3071 SW 38 Avenue Suite 526 Miami, Florida 33146 CITY QF MIAMI RELEASE OF REVERSIONARY INTERESTS WHEREAS, The City of Miami, a municipal corporation of the State of Florida (the "City") is the owner and holder of certain reversionary interests (the "Reversionary Interests") in and to those certain parcels of real property more particularly described on Exhibit "A" attached hereto and incorporated herein (collectively, the "Property") by virtue of that certain Agreement between the City and Dade County, Florida (n/k/a Miami -Dade County, Florida) and The Miami -Dade County Water and Sewer Authority for Transfer of All Water and Sewer Properties, Facilities, Funds and Obligations To The Miami -Dade Water and Sewer Authority dated March 13, 1975, recorded in Official Records Book 8934, at Page 652, of the Public Records of Miami -Dade County, Florida, as amended by that certain Stipulated Agreement between the City and Dade County, Florida (n/k/a Miami -Dade County, Florida) for Entry of Final Judgment dated February 25, 1986, recorded in Official Records Book 12805, at Page 1675, of the Public Records of Miami -Dade County, Florida (the "Stipulated Agreement"); and WHEREAS, Miami -Dade County, the owner of the Property, has requested that the City release the Reversionary Interests and the County's obligations in Paragraph 2(c) of the Stipulated Agreement relating to the Property. NOW, THEREFORE, for Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City hereby releases any and all Reversionary Interests in properties listed on Exhibit "A" and releases the County from any and all obligations required in Paragraph 2(c) of the Stipulated Agreement relating to the Property. IN WITNESS WHEREOF, the City has hereunto set its hand and seal the day of , 2004. ATTEST: THE CITY OF MIAMI, a Municipal Corporation of the State of Florida Priscilla A. Thompson, City Clerk Approved as to Form and Correctness: Maria J. Chiaro, Interim City Attorney STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE ) The foregoing Release of Reversionary Interests day of , 2004 by The City of Miami, and They are personally known to me or have produced [NOTARIAL SEAL] My Commission expires: By: Joe Arriola, City Manager was acknowledged before me this _ , as the City Manager of as the City CIerk of The City of Miami. as identification. Print Name: Notary Public, State of Florida Commission No.: