HomeMy WebLinkAboutQuit Claim Deed311111111111111111111111111! 11111 II II II P 1t
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
C-FN 2006F:01 1 3 597
DR Bk 24198 F's s 4 923 - 4925; (3p
RECORDED 02i01/2006. 15:13:26
DEED DOC: TAX 0.660
SURTAX 0.45
Hi RVEY RUVIFfr CLEFT OF COURT
MIAMI--DADE COUNT'Yr FLORIDA
This Quit -Claim Deed, is made as of this 3L) day of ti(*i 005, by the City of Miami, a
municipal corporation of the State of Florida, whose post office address is 444 S.W. 2"4 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 5, 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. 1466
N.W. 61 Street, Miami, Florida
and
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 an
interest, to pay the real estate taxes or assessments on the Property or
when due. In the event that the Property is ever declared to be "imm
from the payment of ad -valorem taxes, the Grantee and Grantee's bene
then13clves and any successor in interest, to pay to the ..ity an annual payment which shall
be in an amount equal to the amount the City would have received as ad valorem taxes
based on the valuation method employed by the county property appraiser pursuant to
Chapter 193 Florida Statutes, (2002), as amended from time to time; and
8. The title to the Property shall immediately and automatically revert to and vest in the
Grantor in the event that: (I) the Grantee has not commenced construction, to the
satisfaction of the Grantor in its sole judgment, of three (3) single family homes on the
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 al] 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, 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 present•
Print Name:
Print Name:
APPROV D • S TO FORM AND
CORRE
JOR
Ci
TANDEZ
CITY OF MIAMI, a municipal c.Q,rporation
of the State of lorida
By
JOE
City Man• ger
ATTEST:
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