HomeMy WebLinkAboutQuit Claim Deed2' ►11III I IIII 1I11I Ii11I 11111 I1III 1I111 Ills II
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
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RECORDED �11 2S,`2005 12:40:53
DEED DOC: TAX 0,60
HARVEY RUVIN, CLERK OF COURT
MIAMI-DADE COUNTY? FLORIDA.
This Quit -Claim Deed, is made as of this I. day of S tuber 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 4, Block 9, 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, a.k.a. 1468
N.W. 61 Street, 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;
5. The Grantee and Grantee's beneficiaries agree, for themselves and any successor in
interest, that for a period of twenty (20) years the Property shall only be used to provide
three (3) owner occupied single family homes for Low Income homebuyers (as defined
in the HOME Investment Partnerships Program Regulations, 24 C.F.R. Part 92);
6. The Grantee and Grantee's beneficiaries agree, for themselves and any successor in
interest, not to discriminate upon the basis of race, color, religion, marital status, sex or
national origin in the sale of the Property, or any Improvements erected or to be erected
thereon or on any part thereof;
7. The Grantee and Grantee's beneficiaries agree, for themselves and any successor in
interest, to pay the real estate taxes or assessments on the Property or any part thereof
when due. In the event that the Property is ever declared to be "immune" or "exempt"
from the payment of ad -valorem taxes, the Grantee and Grantee's beneficiaries agree, for
themselves and any successor in interest, to pay to the City an annual payment which
shall be in an amount equal to the amount the City would have received as ad v•rem
taxes based on the valuation method employed by the county property appr
to Chapter 193 Florida Statutes, (2002), as amended from time to time; a
8. The title to the Property shall immediately and automatically revert t
Grantor in the event that: (1) the Grantee has not commenced con
satisfaction of the Grantor in its sole judgment, of three (3) single fami
•
• *
Property within twelve (12) months from the date hereof, and/or (2) 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.F.R. Part 92) by April 30, 2008, or such later date as may be
approved by the City Commission of the City of Miami.
9. The Grantee shall comply with the requirements of Section 3 of the Housing and Urban
Development Act of 1968, as amended, if applicable.
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, benefitand 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:
Print Name:
APPROV D AS TO FORM AND
CITY OF MIAMI, a municipal corporation
of the State of Florida
By
JOE ARRIOLA
City Manager