HomeMy WebLinkAboutExhibit 7THIS INSTRUMENT PREPARED BY
CITY OF MIAMI DEPARTMENT OF PUBLIC FACILITIES
MIAMI RIVERSIDE CENTER SUITE 325
444 S.W. 2ND AVENUE
MIAMI, FLORIDA 33130-1910
Tax Folios # 01-0107-000-1050
# 01-0107-010-1290
Space Above This Line For Recording Data
CITY DEED
Public Purpose
THIS DEED is made this day of , 2006,
between the CITY OF MIAMI, a municipal corporation of the State of Florida, with
offices at 444 S.W. 2nd Avenue, Miami, Florida 33130, (the "CITY"), party of the first
part, as grantor, and the State of Florida, Department of Transportation (FDOT),
with offices at 1000 N.W. 111th Avenue, Miami, Florida 33172, party of the second
part, as grantee.
WITNESSETH:
That the CITY for and in consideration of the sum of One Dollar ($1.00) to it
in hand paid by FDOT, receipt of which is hereby acknowledged, has granted,
bargained and sold to FDOT, its heirs and its assigns, subject to the right of
reverter and reentry set forth below, the land lying and being in the County of
Miami -Dade, State of Florida, to wit:
As described in Exhibit "A" attached hereto and made a part hereof,
and hereinafter referred as the "Property".
This Deed conveys only the interests of the CITY in the Property described
herein, and shall not warrant title thereto except for the lawful claims of all persons
claiming by, through or under the CITY, but none other.
it:Document 59182
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This Deed is made and executed upon, and is subject to, the following
conditions, restrictions and covenants, which are part of the consideration for the
Property conveyed and are taken and construed as running with the land.
REVERTER - The property herein described is to be used in perpetuity as a
public purpose (defined for this conveyance as 5th Street Bridge reconstruction).
In the event that FDOT violates or otherwise fails to comply with any of the
restrictions, conditions and covenants set forth in this Deed, FDOT shall correct or
cure the default/violation within thirty (30) days of notification of the default by the
CITY (the "Cure Period"). If FDOT fails to remedy the default within the Cure
Period, the CITY shall have the right to reenter and take possession of the property
or any portion of the Property. It is the intent of this conveyance that it is made
upon a condition subsequent and, in the event of any default, failure or violation of
any such condition which is not cured within the Cure Period, the City Commission
at its option may pass and adopt a resolution declaring that the title and all the
rights and interest of FDOT in the Property revert to the CITY.
RESERVING UNTO THE CITY and its successors, an undivided three -
fourths interest in, and title in and to, an undivided three -fourths interest in all the
phosphate, minerals and metals that are or may be in, on, or under the said land
and an undivided one-half interest in all the petroleum that is or may be in, on, or
under said land with the privilege to mine and develop the same on all lands
wherein the CITY holds the requisite interest.
it:Document 59182
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IN WITNESS WHEREOF, the City of Miami, Florida, a municipal
corporation of the State of Florida, has caused this City Deed to be executed in its
name and its corporate seal to be affixed hereto, by its City Manager and its City
Clerk, both thereunto duly authorized this day of , 2006.
ATTEST
CITY OF MIAMI, A MUNICIPAL
CORPORATION OF THE
STATE OF FLORIDA
PRISCILLA A. THOMPSON, PEDRO G. HERNANDEZ,
CITY CLERK CITY MANAGER
APPROVED AS TO FORM AND
WITNESS CORRECTNESS:
WITNESS JORGE L. FERNANDEZ,
CITY ATTORNEY
STATE OF FLORIDA )
) SS
COUNTY OF DADE )
The foregoing instrument was acknowledged before me this day of
, 2006 by Pedro G. Hernandez, as City Manager of CITY OF
MIAMI, a municipal corporation of the State of Florida, who is personally known to
me or who has produced as identification and who
did/did not take an oath.
Printed Name:
Notary Public
My Commission Expires:
The foregoing conveyance was approved pursuant to Resolution No. of the
City Commission of the City of Miami, Miami -Dade County, Florida, passed and
adopted on . A copy of Resolution No. is attached.
it:Document 59182
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