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HomeMy WebLinkAboutRestrictive Covenants111111111I11111(1111111111111111111111111111 C: F f+i :20 i ;1 j. 1t 0 1. 9 7 i ,�"'i. w5 DR Bk 24264 F9 s 2309 - 2313; f 5P 96 RECORDED 02/23/2006 15:51:32 HAR4'EY RU ZNr CLERK OF COURT MIAMI-DADE COUIITYr FLORIDA RESTRICTIVE COVENANTS THESE COVENANTS are entered into this / day of hereinafter referred to as the Owner, and Dade Heritage Trust hereirafter referred to as the Grant Recipient, and shall be effective for a period of ten years from the date of recordation by the Clerk of the Circuit Court of Miami -Dade County, Florida, WHEREAS, the Owner is the fee simple titleholder of the Property Located at HOC 142 Southwest Ilth Street, Miami, Miami -Dade County, Florida, as described in Exhibit A, attached to and made a part hereof and WHEREAS, the Grant Recipient is to receive State Historic Preservation Grant assistance funds administered by the State of Florida, Department of State, Division of Historical Resources, R.A. Gray Building, 500 South Bronough Street, Tallahassee, Florida 32399-0250, hereinafter referred to as the Department, in the amount of $350,000.00, to be used for the restoration and preservation of the property, of the Owner as described in Exhibit A, and WHEREAS, said State funds have been or will be expended for the purpose of preserving the historic qualities of the property or contributing to the historic character of the district in which the property is located, Now THEREFORE, as part of the consideration for the State grant, the Owner and the Grant Recipient hereby make and declare the following restrictive covenants which shall run with the title to said Property and be binding on the Owner and its successors in interest, if any, for a period stated in the preamble above: I The Owner and the Grant Recipient agree to maintain the property inaccordance good preservation practices and the Sec eta of the I terior's Stan ar s fobiI ttaao.with 2. The Owner and the Grant Recipient agree that no modifications will be made to the Property, other than routine repairs and maintenance, without advance review and approval of the plans and specifications by the Department's Bureau of Historic Preservation. 3. The Owner and the Grant Recipient agree that every effort will be made to design any modifications to the Property in a manner consistent with the e retaior's Stan ar far Rehab'litation. 4. The Owner and the Grant Recipient agree that the Department, its agents and its designees shall have the right to inspect the Property at all reasonable times in order to ascertain whether the conditions of the Grant Award Agreement and these covenants are being observed. 5. The Owner and the Grant Recipient agree that these restrictions shall encumber the property for a period of ten years from the date of' recordation, and that if the restrictions are violated within the ten year period, the Department shall be entitled to liquidated damages pursuant to the following schedule: a. If the violation occurs within the first five years of the effective date of these covenants, the Department shall be entitled to return of the entire grant amount. b. If the violation occurs after the first five years, the Department shall be entitled to return of the entire grant amount, less 10% for each year past the frst five. For instance, if the violation occurs after the sixth anniversary of the effective date of these covenants, but prior to the seventh anniversary, the Department shall be entitled to return of 80% of the original grant amount. 6. The Owner agrees to file these covenants with the Clerk of the Circuit Court of Miami - Dade County, Florida, and shall pay any and all expenses associated with their filing and recording. 7, The Owner and Grant Recipient agree that the Department shall incur no tax liability as a result of these restrictive covenants. IN WITNESS WHEREOF, the Owner and Grant Recipient have read these Restrictive Covenants and have hereto affixed their signatures. WITNESSES: Witness Signature OWN I vu clieA f e_ . m • f i -- 1 ,4 s.La z ► �P ,qve Owner's Address Witness Name Typed/Printed Witness Signature City 4.4(-4( Coo Witness Name Typed/Printed The State of Flo ' a County of iGn+►� t- Z313 a State Zip I certify that on this date before me, an officer duly authorized in the state and county named above to take acknowledgments, that ,Ce Vit.° i et,, personally (Name) appeared as 8i 4,, 4 l "4 54/ for �v Of.¢ �vk c. J (Officer} (Nan of Corporation/Partnership known to me to be or who proved to my satisfaction that he/she is the person described in and who executed the foregoing instrument. Type of Identification Produced Executed and sealed by me at [SEAL] ..<<;�pr-,,, Ofeiia E. Perez • ` ' `n : Commission #DD221319 Expires: Jul 26, 2007 ' ;'',oe§, ,' Bonded Thru n <<<` Atlantic Bonding Co.,1nc. , Florida on {Y2005, Not/y Public in and for The State of gOift.01 CA — My commission expires:Wj 1442OO 1 1 itness Signatur /9 Grant Recipient's Address Gun ?Atte Witness Name Typed/Prtnted The State of Florida County of ,rd F,,; 4)4.. I certify that on this date before me, an officer duly authorized in the state and county named above to take acknowledgments, that hecr ti re . / r [a -jc v personally (Name) appeared as gxec i A`re.h'r for OQ,,t( ,i i (Officer) (Name of Corporatio Partnership) known to me to be or who proved to my satisfaction that he/she is the person described in and who executed the foregoing instrument. Type of Identification Produced /Ae i- (S ,L,; c .ems Executed and sealed by me at M4( pox , Florida onJO , 200 Luis Gonzalez i4 Commission #DD32136 • V? J Expires• Jun 24, 2008 a �`�� Attar Co.. Mop [SEAL] otary for The State of FA, ri ei My commission expires: rye•a i-ofr This instrument was prepared under the su ervision of Frank R. Stockton, Attorney Florida Department of State,Division of Historical Resources,pR.A, Gray Building, 500 South Bronough Street, Tallahassee, Florida 32399-0250. A