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HomeMy WebLinkAboutExhibit4This 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 Corrected Quit Claim Deed This Corrected Quit -Claim Deed, is made this day of 2008, by the City of Miami, a municipal corporation of the State of Florida, whose post office address is 444 S.W. 2"d Avenue, Miami, Florida 33130, hereinafter called the "Grantor", to Rafael Hernandez Housing and Economic Development Corp., a Florida corporation, whose address is 2400 N. Miami Avenue, Miami, Florida 33127, 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 29, in Block 1, of WYNWOOD PARK, according to the Plat thereof, as recorded in Plat Book 5, at Page 23 of the Public Records of Dade County, Florida a.k.a. 3511 N.W. 1 Avenue, Miami, 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 one (1) single-family home, hereinafter referred to as the "Home", on the Property by April 30, 2008 and/or (2) the construction of the Home has not been completed, as evidenced by the issuance of Certificates of Occupancy, and the Home has not been sold to qualified Low Income homebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 C.P.R. Part 92) by December 31, 2008 or such later date as may be approved by the City Commission of the City of Miami. 6. The sales price of the Homes shall not exceed $236,000.00. 7. The Property is subject to all restrictions as stated in Resolution 05-00930 adopted by the City Commission on September 8, 2005 and Resolution 08- adopted by the City Commission on , 2008. 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, AA(6111) O7-dai/ 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. CITY OF MIAMI, a municipal corporation of the State of Florida Signed, sealed and delivered in our presence: By Print Name: PEDRO G. HERNANDEZ City Manager Print Name: APPROVED AS TO FORM AND ATTEST: CORRECTNESS: By JORGE L. FERNANDEZ PRISCILLA A. THOMPSON City Attorney City Clerk ACKNOWLEDGMENT STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE ) Before me, the undersigned authority, personally appeared Pedro G. Hernandez, 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 day of , 2008. PRIM I ED, STAMPED OR TYPED SIGNATURE OF NOTARY PUBLIC NAME OF NOTARY PUBLIC STATE OF FLORIDA My Commission Expires: