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HomeMy WebLinkAboutQuit Claim Deed111111111111 I I11111111 I I1111111111I111111lI1 This Instrument Prepared By and Return To: KIRK R. MENENDEZ, ESQ. CITY OF MIAMI CITY ATTORNEY'S OFFICE 444 S.W. 2ND AVENUE MIAMI, FLORIDA 33130-1910 CFN 200!R064778I OR Bit 23502 Pas 3174 - 3175; (2ass} RECORDED 06/22/2005 15117t43 DEED DOC TAX 0.60 HARVEY RUVIN, CLERK OF COURT MIAMI-DADE COUNTY, FLORIDA This Quit -Claim Deed, is made this ga day of June 2005, by the City 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 "Grantor", to Palmetto Homes of Miami, Inc. a Florida corporation, whose address is 1175 N.E. 125a' Street, Suite 204B, North Miami, Florida 33161, hereinafter called the "Grantee". Witnesseth: That the Grantor, for and in consideration of the sum 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 situate in Miami -Dade County, Florida, hereinafter referred to as the "Property", to wit: Lot 19, in Block 15 in ORANGE HEIGHTS, a subdivision according to the Plat thereof, as recorded in Plat Book 14, Page 62, Public Records of Miami -Dade County, Florida and Lot 20, in Block 15, ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, Public Records of Miami -Dade County, Florida and Lot 21 to 23 inclusive, in Block 15, ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, Public Records of Miami -Dade County, Florida Subject to: 1. 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 all 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 immediately and automatically revert to and vest in the Grantor in the event that: (1) the Grantee has not commenced construction, to the satisfaction of the Grantor in its sole judgment, of five (5) single family homes on the Property within twelve (12) months from the date of conveyance by the City of Miami, (2) the construction of such single family homes have not been completed, as evidenced by the issuance of a Certificate of Book235021Page3174 CFN#20050647781 Page 1 of 2 • T • i7Fe L1( 235C12 PG 3175 LAST PAGE Occupancy, and such single family homes have not been sold to qualified low income homebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 C.P.R. Part 92) by March 1, 2007 or such later date as may be approved by the City Commission of the City of Miami. To Have and To Hold, the same together with all and singular tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining, and all the estate, right, title, interest, lien, equity, and claim whatsoever 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 has signed and sealed these presents the day and year first written above, Signed, sealed and delivered in our presence: Print Name: APPROVED AS TO FORM AND CORRECTNESS: CITY OF MIAMI, a of the ,, e of Flor' By rriola anager ATTEST: nicipal corporate ' '417 til a ' :2�s&:�rldllD y9111�, 3r JO ' G `�• DEZ KaM P `i SCILLA A. TH+� City Cler \ � • e ACKNOWLEDGMENT STATE OF.FLORIDA ) )SS: COUNTY OF MIAMI-DADE ) i Before me, the undersigned authority, personally appeared Joe Arriola, as City Manager of the City of Miami, to me well 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 seal in the County and State last aforesaid this ,? a day of June, 2005, Dfe S "a £. Petrel, PRINTED, STAMPED OR TYPED SIG TURE OF NO A t, BLIC NAME OF NOTARY PUBLIC STA . OF FLORIDA My Commission Expires: Ofelia E. Perez Commission iiiDD221319 • '�. Expires: Jul 26, 2007 '. r4 o47.=. Bonded '1?w '. Atlantic Bonding Co., Inc. Book235021Page3175 CFN#20050647781 Page 2 of 2