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HomeMy WebLinkAboutExhibit3-SUBr„ er:.r,> ... ... x .r�z a; �•.. - , a. ..._': v rre�rt. :,rNr. x„=u rr^ .: r..r-�¢.��r.�a....:�_ , ,.....�. . , _.:�. ,�:.e.me. 9.. Jm„trvi _ m " 1 sr• J F ..�, ! . 9F This instrument Prep and Return To: KIRK R. MENENDEZ, ESQ. CITY OF MIAMI CITY ATTORNEV'S OFFICE 444 S.W. 2ND AVENUE MIAM1, FLORIDA 33130-1910 CORRECTIVE QUIT CLAIM DEED This Quit -Claim Deed, is made as of this 22 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. 125th 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, of ORANGE HEIGHTS, according to the Plat thereof as recorded in Plat Book 14, at Page 62, of the Public Records of Dade County, Florida and Lot 20, in Block 15, of ORANGE HEIGHTS, according to the Plat thereof as recorded in Plat Book 14, at Page 62, of the Public Records of Dade County, Florida and Lots 21-23 inclusive, in Block 15, of ORANGE HEIGHTS, according to the Plat thereof as recorded in Plat Book 14, at Page 62, of the Public Records of 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 upon the occurrence of one or more of the following events: (a) 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 by April 30, 2008, or 07- - Ex ‘i i bif3 � ��, (b) the construction of such single family homes has not been completed, as evidenced by the issuance of Certificates of Occupancy, and all 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 December 31, 2008, or such later date(s) 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. 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 City Attorney Y4—et PRISCILLA A. THOMPSON City Clerk is Instrument Prepared By an Return To: KIR R. MENENDEZ, ESQ. CITY .F MIAMI CITY A 1 ORNEY'S OFFICE 444 S.W. 2 o AVENUE MIAMI, FL► ' 1DA 33130-1910 CORRECTIVE QUIT CLAIM DEED This Quit-C im Deed, is made as of this 22 day of June 2005, by the City of Miami, a municipal corporation of e State of Florida, whose post office address is 444 S.W. 2nd Avenue, Miami, Florida 33130, hereinafte called the "Grantor", to Palmetto Homes of Miami, Inc. a Florida corporation, whose address is 1175 . . 125d" Street, Suite 204B, North Miami, Florida 33161, hereinafter called the "Grantee". Witnesseth: That the Gr.itor, for and in consideration of the sum of Ten Dollars ($10.00) and other valuable consideration, the r eipt of which is hereby acknowledged, does hereby remise, release, convey and quit -claim unto the Grant •- forever, all of the Grantor's right, title and interest in that certain land situate in Miami -Dade County, F 'rida, hereinafter referred to as the "Property", to wit: Lot 19, in Block of ORANGE HEIGHTS, according to the Plat thereof as recorded i 'lat Book 14, at Page 62, of the Public Records of Dade County, Florid and Lot 20, in Block 15, of 0 GE HEIGHTS, according to the Plat thereof as recorded in Plat Boo 14, at Page 62, of the Public Records of Dade County, Florida and Lots 21-23 inclusive, in Block 15, of ONGE HEIGHTS, according to the Plat thereof as recorded in Plat Book 4, at Page 62, of the Public Records of Dade County, Florida Subject to: 1. Conditions, restrictions, easements, limitations an• reservations of record, though this reference is not intended to reimpose same; 2. Applicable zoning ordinances, codes, rules and regulation 3. Taxes and assessments for the current year and all subsequent -ars; 4. The Property is being taken by the Grantee "as is" with the Grantee being solely responsible for the removal of any environmental contaminatio if present on the Property; and 5. The title to the Property shall immediately and automatically revert to • 'd vest in the Grantor upon the occurrence of one or more of the following events: (1) the rantee has not commenced construction, to the satisfaction of the Grantor in its sole ju, .ment, of five (5) single family homes on the Property by December 31, 2007, and/o 2) the construction of such single family homes has not been completed, as evidenced the issuance of Certificates of Occupancy, and all such single family homes have not 6-en sold to qualified Low Income homebuyers (as defined in the HOME Investme t a equ Gran Partnerships Program Regulations, 24 C.P.R. Part 92) by June 30, 2008, 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 urtenances thereto belonging or in anywise appertaining, and al] the estate, right, title, interest, lien, , and claim whatsoever of the Grantor, either in law or in equity, to the use, benefit and behalf of the forever. WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year first written • .ove. Signed, sealed and Delivered in our presence: CITY OF MIAMI, a municipal corporation of the State of Florida 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 ity Clerk