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HomeMy WebLinkAboutQuit Claim Deed 2This Instrument Prepared By and Return To: KIRK R. MEN'ENDEZ, ESQ. CITY of MIAMI CITY AT'TORNEY'S OFFICE 444 S.W. 2s° AVENUE MIAMI, FLORIDA 33130-1910 t_- FN 2 00 7 Ea. 1 0 I rf 2 1- , 0E. 61; .57 7 Pas 4sr° - 4372i (Haas RECORDED 10?19/2i.u7 ,i;;2t:06 3LEC DOt. 7Ak. 0.60 S_RTO 0,4g HARV'EY fttll'it;e CLEF:t;. OF COURT MIAMI-DADE COU 4TYi, i=LORI()A This Quit -Claim heed, is made this 1 day of 101 2007, by the City of Miami, a municipal corporation of the State of Florida, who 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. 183rd Street, Miami, Florida 33169, hereinafter called the "Grantee". Witnessetll: 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 13, 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. 5852 N.W. 13 Avenue, Miami, Florida. Folio No.: 01-3114-043-1451 Subject to: 1. Conditions, restrictions, easements, ]imitations 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 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 at least one (1) owner occupied home for Low Income homebuyers whose annual income does not exceed 120% o the median income for the area, as determined by the U.S. Departme Housing and Urban Development, with adjustments for smaller and families. 6. The Grantee and Grantee's beneficiaries agree, for themselves and successor in interest, not to discriminate upon the basis of race, co krm 5852 NW 13 AVE QCD 1 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 8. 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, hen; equity, and claim whatsoever of the Grantor, either in law or in equity, to the use, benefit and behalf of the Grantee forever. krm' 5852 NW 13 AVE QCD 2 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 State of Florida By PEDRO G. E "NANDEZ City Manag APPROVED ° S O FSRM AND ATTEST: CORRE By krm 5852 NW 13 AVE QCD 3 7-3i-a% ISCILLA A. THOMPSON City Clerk 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 we that he executed said instrument under oath, and for the purposes therein expressed. Witness m}_hand and official seal in the County and State last aforesaid this 3011" day of j .� i , 2007. PRINTED, STAMPED OR TYPED NAME OF NOTARY PUBLIC STATE OF FLORIDA My Commission Expires: krm 5852 NW 13 AVE QCD SIG ATURE OF1ARY PUBLI NOTARY PUBLIC • STATE OF FLORIDA Edith Y. McCray Commission # DD622331 Expires: DEC. 13, 2010 HOND¢D THE!! ATLAtff C BONDING CO., CNC. STATE OF FLOR,IDA, COUNTY OF DADE ! KEREBY CERTIFY :hat has is a ttv apy o!!;^e �,.�g;nat iced ,„ tr,;, office or, ( /y hey 0! A. D 21 CI .71...__ L^.7TA'ESS my hand add 0Seat. HARVEY t Chtur n! By 4