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HomeMy WebLinkAboutExhibit 2This Instrument Prepared By and Return To: Ilene Temchin, Esq. City of Miami Office of the City Attorney 444 S.W. 2nd Avenue Miami, Florida 33130-1910 CORRECTIVE QUIT CLAIM DEED This Corrective 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. 2nd Avenue, Miami, Florida 33130, hereinafter called the "Grantor", to Habitat for Humanity of Greater Miami, Inc., a Florida not -for -profit corporation, with offices at 3800 N.W. 22 Avenue, Miami, Florida 33142, 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: Lots 4 and 5, of Amended Plat, of CROUSE'S SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 21, Page 40, of the Public Records of Miami -Dade County, Florida. This Quit Claim Deed conveys only the interests of the Grantor in the Property described herein, and shall not warrant title thereto. 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; THIS CORRECTIVE QUIT CLAIM DEED CORRECTS CONDITION/RESTRICTION NO. 7 STATED IN THAT CERTAIN QUIT CLAIM DEED, DATED DUNE 15, 2006, RECORDED JULY 28, 2006, IN OFFICIAL RECORDS BOOK 24766, AT PAGE 4433, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. f •16,3' >,- 3 Page 1 of 6. 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 valorem taxes based on the valuation method employed by the county property appraiser pursuant to Chapter 193 Florida Statutes, as amended from time to time; and 7. Title to the Property shall immediately and automatically revert to and vest in the Grantor upon the occurrence of any of the following events: (a) on or before December 31, 2008, the Grantee has not commenced construction, to the satisfaction of the Grantor in its sole judgment, of multifamily homes on the Property, with a minimum of two (2) houses per lot, or (b) on or before December 31, 2009, all such homes have not been completed (as evidenced by the issuance of Certificates of Occupancy) and sold to a qualified Low Income homebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 C.F.R. Part 92), or such later dates 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: 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: Julie O. Bru City Attorney Priscilla A. Thompson City Clerk Page 2 of 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 for the purposes therein expressed. Witness my hand and official seal in the County and State last aforesaid this day of , 2008. PRINTED, STAMPED OR TYPED SIGNATURE OF NOTARY PUBLIC NAME OF NOTARY PUBLIC STATE OF FLORIDA My Commission Expires: The foregoing conveyance was approved pursuant to Resolution No. 05-0228 of the City Commission of the City of Miami, a municipal corporation of the State of Florida, passed and adopted on April 14, 2005, as amended by Resolution No. 07-0454, passed and adopted on August 1, 2007, and by Resolution No. passed and adopted on July 10, 2008. A copy of Resolution No. is attached hereto as Exhibit 1. 7830/Prolaw 130150 Page 3 of