HomeMy WebLinkAboutQuit Claim DeedImo In' mil !I1II IIII! IIIII IlII IIII
This Instrument I'repa red By
and Return To:
KIRK R. MENENDEZ, ESQ.
CIT%' OF MIA II
CITY ATTORNEY'S OFFICE
444 S.V. 2' AVENUE
MIAMI, FLORIDA 33130-I9I0
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MIAMMI-DACE COt 14T t'r CLOR [DA
This Quit -Claim Deed, is made this 3 t day of 3J)2007, 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 Foster
Construction of South Florida, Inc., a Florida for -profit corporation, whose address is 400
N.W. 183'd Street, Miami, Florida 33169, hereinafter called the "Grantee".
Witnessed': 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 12, Block 8, of ORCHARD VILLA EXTENSION, according to the
Plat thereof, as recorded in Plat Book 17, at Page 55, of the Public
Records of Miami -Dade County, Florida, a.k.a. 5858 N.W. 13 Avenue,
Miami, Florida.
Folio No.: 01-3114-043-1450
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 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 a minimum of one (1) owner occupied home
for Low Income homebuyers whose annual income does not exceed 120%
of the median income for the area, as determined by the U.S. Department
of Housing and Urban Development, with adjustments for smaller an
larger families.
6. The Grantee and Grantee's beneficiaries agree, for themselves and
successor in interest, not to discriminate upon the basis of race, col
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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 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
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 at
least one (1) home, on the Property within six (6) months from the date of
this conveyance, and/or (2) the construction of the Project has not been
completed, as evidenced by the issuance of Certificates of Occupancy, (or
certificates of completion, as appropriate) and such single family home
has not been sold to qualified Low Income homebuyers whose annual
income does not exceed 120% of the median income for the area, as
determined by the U.S. Department of Housing and Urban Development,
with adjustments for smaller and larger families, within eighteen (18)
months from the date of this conveyance, 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 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.
krm.5858 NW 13 AVE QCD
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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:
CITY OF MIAMI, a municipal corporation
of the Stat-_ orida
By
PEDRO G
jManae
APPROVIF D,AORM AND ATTEST:
CO
By -a
JOR{3F.>;= FERNANDEZ��
City Attomey
EZ
RISCILLA A. THOMPSON
City Clerk
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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.
44, Witness jpy hind and official seal in the County and State last aforesaid this
2O day of J " 2007.
Cal
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P>ITED \E D CTY TYPED' SIGN OF OF NOTARY PUBLIC
NAME OF NOTARY PUBLIC
My Commission Expires:
NOTARY PUBLIC - STATE OF FLORIDA
Edith Y. McCray
Commission 0 DD622331
Expires; DEC. 13, 2010
RU ATLANTIC BOND L'G CO., INC.
STATE OF FLORIDA
STATE OF FLORIDA, COUNTY OF DADE
HEREDY CERTtrY that frrs¢ a i:uC q3pyor:he
ortgmcl tiled in (firs office on i day of
, A. D. 20 G I
TNESS my rand r. rf O'frcral Seal.
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