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HomeMy WebLinkAboutExhibit 1PURCHASE AND. .SALE AGREEMENT THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this ?9 day of 4G)(. v5 % , 2011, by and between Manatee Bend, LLC, a Florida Limited Liability Company, with a post office address of Post Office Box 530187, Miami, Florida 33153 (the "Seller") and the City of Miami, a municipal corporation of the State of Florida, with offices at 444 SW 2 Avenue, Miami, Florida 33130-1910 (the "Purchaser"). The Parties hereby agree. that Seller shall sell and Purchaser shall buy the following property upon the following terms and conditions: 1. DESC'RIPTION OF PROPERTY/PURPOSE OF ACQUISITION The Property located at 457-485 NE 77 Street Road, Miami, Florida, as legally described on Exhibit "A", attached and incorporated, hereinafter referred to as the "Property". 2. PURCHASE PRICE AND PAYMENT The Purchaser agrees to pay and the Seller agrees to accept for the Property the sum of Five Hundred Ninety Thousand ($590,000) Dollars (the "Purchase Price"). There has been two (2) appraisals of the Property procured by the Purchaser. The average of the 2 appraisals is Five Hundred Ninety Thousand ($590,000) Dollars. The Purchase Price, as it may be adjusted, will be payable as follows: (a) Deposit: Within (15) business days of the Effective . Date as defined herein, the Purchaser shs11 pay to Christopher Kelley Trust Account (the "Escrow Agent"), Twenty Nine Thousand Five Hundred ($29,500) Dollars as a deposit (the "Deposit"). The Deposit shall be held by the Escrow Agent in a non -interest bearing account. At Closing, the Deposit shall be delivered by the Escrow Agent to the Seller and credited against the Purchase Price. The Deposit is non- refundable except in the event Purchaser terminates this Agreement as provided herein. (b) Closing Payment: At Closing, the Deposit, phis the balance of the Purchase Price, adjusted by adjustments, credits, prorations, or as otherwise provided in this Agreement, shall be paid by the Purchaser /Or fps' to the Seller in the form of cashier's check, certified check, official bank check .or wire transfer. 3. CONDITIONS PRECEDENT TO CLOSING, PERFORMANCE BY SELLER. (a) As a condition precedent to Closing, but not later than the expiration date of the Inspection Period, as defined in Section 4 (b) the Seller shall have fully performed, at its sole cost and expense, and provided Purchaser evidence of completion of the following undertakings: (b) (c) (i) Removal of trash and personal items from Property not later than fifteen (15) business days prior to closing. (i.i) The Property shall be free and clear from all occupants. There shall be no oral or written leases, options to purchase, contracts for sale or other agreements that may encumber all or part of the Property. Seller shall further represent and warrant that there are no parties having ownership interest in any of the improvements on the Property. Seller represents and warrants, that it has previously furnished to the City copies of any written leases, options for purchase, rights of first refusal, contracts for sale, estoppel letters for each Tenant, and cancellation, discharge or extinguishment of same. In the event that any one of the foregoing conditions is not satisfied on or before the Inspection Period, the Purchaser shall have the right, in its sole discretion, to (i) terminate this Agreement, whereupon the Escrow Agent shall immediately deliver to Purchaser the Deposit and the parties shall be relieved of all further responsibilities and obligations hereunder, or (ii) extend the Closing Date by not more than thirty (30) business days to allow the Seller to comply with the conditions precedent in writing. 4. ENVIRONMENTAL MATTERS (a) Definitions: For purposes of this Agreement: The term "Hazardous Materials" shall mean and include without limitation, any substance, which is or contains (1) any "hazardous substance" as now or hereafter defined in the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (42 U.S.C., • Section 9601 et seq.) ("CERCLA") or any 2 regulations promulgated Tinder or pursuant to CERCLA; (2) any `°hazardous waste" as now- or hereafter defined in the Resource Conservation and Recovery Act (42 U.S.C., Section 6901 et seq.); (3) 'any substance regulated by the Toxic Substances Control Act (15 U.S.C., Section 2601 et. Seq.); (4) gasoline, diesel fuel, or other petroleum hydrocarbons; (5) asbestos and asbestos containing materials, in any form, whether friable or non -friable; (6) polychlorinated biphenyls; and (7) any additional substances or ;material which: (i) is now or hereafter classified or considered to be ;hazardous or toxic under Environmental Requirements as hereinafter defined; (ii) causes or threatens to cause a nuisance on the Property or :adjacent property or poses or threatens to pose a hazard to the health •or safety of persons on the Property or adjacent property; or (iii) would constitute a trespass if it emanated or migrated from the Property. The term "Environmental Requirements" shall mean all laws, ordinances, statutes, codes, rules, regulations, agreements, judgments, orders and decrees, now or hereafter enacted, promulgated, or amended of the United States, the State of Florida, Miami -Dade County, the City of Miami, or any other political subdivision, agency or instrumentality exercising jurisdiction over the Seller or the Purchaser, the Property, or the use of the Property, relating to pollution, the protection, or regulation of human health, natural resources, or the environment, or the emission, discharge, release or threatened release of pollutants, contaminants, chemicals, or industrial, toxic or hazardous substances or waste or Hazardous Materials into the environment (including, but not limited to, ambient air, surface water, groundwater, land or soil). Inspection Period.: Purchaser, its employees, agents, consultants and contractors shall have a period of fifteen (15) business days from the Effective Date (the "Inspection Period"), at the Purchaser's expense, for such physical inspections and other investigations of and concerning the Property. Such inspections may include, but are not limited to surveys, soil borings, percolation, engineering studies, environmental tests and studies and other tests as Purchaser considers necessary for Purchaser and consultants to review and evaluate the physical characteristics of the Property and to perform certain work or inspections in connection with such evaluation (the "Environmental Inspection") after giving the Seller reasonable notice prior to each test performed. The Purchaser may cancel the agreement if the results of • the report, are not acceptable to the Purchaser. For the purpose of 3 conducting the Environmental Inspection, Seller hereby grants to Purchaser and its consultants and agents or assigns, full right of entry upon the Property during the Inspection Period through the closing date. The right of access herein granted shall be exercised and used by Purchaser, its employees, agents, representatives and •contractors in such a manner as not to cause any material damage or destruction of any nature whatsoever to, or interruption of the use of the Property by the Seller, its employees, officers, agents and tenants. (c) Inspection Indemnity, Insurance and Releases: Notwithstanding anything contained in this Agreement to the contrary, as consideration for the Seller granting a continuing right of entry, the Purchaser hereby specifically agrees to: (i) immediately pay or cause to be removed any liens filed against the Property as a result of any actions taken by or on behalf of Purchaser in connection with the inspection of the Property; (ii) immediately repair and restore the Property to its condition existing immediately prior to the Inspection Period; and (iii) to the extent permitted, and subject to the limitations afforded governmental agencies by law, indemnify, defend and hold harmless Seller, its employees, officers and agents, from and against all claims, damages or losses incurred to the Property, or anyone on the Property as a result of the actions taken by the Purchaser, any of its employees, agents, representatives or contractors, with respect to the inspection of the Property, provided, however, Purchaser shall not be liable for the negligence or misconduct of Seller, its employees, officers and agents, or anyone employed by any of them. Prior to Purchaser entering upon the Property for purposes of commencement of the Environmental Inspection, Purchaser shall furnish to Seller the policy .or policies of insurance or certificates of insurance, protecting the Purchaser, during the course of such testing, against all claims for personal injury and property damage arising out of or related to the activities undertaken by the Purchaser, its agents, employees, consultants and contractors, or anyone directly or indirectly employed by any of them or anyone for whose acts they may be liable, upon the Property or in connection with the Environmental Inspection. (d) Remedies/Right of Termination: If Purchaser discovers, during the Inspection Period, the presence of Hazardous Materials on the Property in levels, or concentrations 4 which exceed the standards set forth by Department of Environmental Resources Management (DERM), the State or the Federal Government (an "Environmental Condition"), prior to the end of the Inspection Period, Purchaser shall notify Seller in writing and deliver to Seller copies of all written reports concerning such Environmental Condition (the "Environmental Notice"), together with a cost estimate prepared by Purchaser's environmental consultant setting forth the estimated cost of the remediation of the Environmental Condition (the "Cost Estimate"). The Purchaser shall have fifteen (15) business days from the date they receive the Environmental Notice and the Cost Estimate, to negotiate a mutually agreeable remediation protocol. In the event the Purchaser and the Seller are unable to reach an agreement with respect thereto within the fifteen (15) business day .period provided herein, the parties shall have the right within five (5) 'business days of the expiration of the fifteen (15) business day period to terminate this Agreement by written notice to the other party whereupon (i) all property data and all studies, analysis, reports and plans respecting the Property delivered by the Purchaser to the Seller shall be returned and delivered to the Purchaser by the Seller; and then (ii) except as otherwise hereafter provided in this Section, the parties shall thereupon be relieved of any and all further responsibility hereunder and neither party shall have any further obligation on behalf of the other; and (iii) Purchaser shall be refunded the Deposit and any interest earned. (e) Waiver and Release:.. In the event that Purchaser does not elect to cancel this Agreement, Purchaser acknowledges and agrees that the sale of the Property as provided for herein is made on an "AS IS" condition and basis with all faults. (±) Seller's Representations Regarding Lack of Knowledge of Environmental Conditions: Seller represents and warrants to the best of Seller's knowledge but without making independent inspection or inquiry: (i) The Property is presently free from contamination by Hazardous Materials and the Property and the activities conducted thereon do not pose any significant hazard to human health or the environment or violate any applicable Environmental Laws. There is no evidence of any existing release of Hazardous Materials at the Prop erty. 5 There are no surface impoundments, lagoons, waste :piles, landfills, injection wells, underground storage areas on the Property. Neither Seller nor any third persons have buried or released Hazardous Materials on the Property, including the soil, surface water and ground water. (iii) There has been no treatment, or release of any Hazardous Materials on land adjacent or near to the Property which .may constitute a risk of contamination of the Property or surface or ground water flowing to the Property. (iv) No inspection, audit, inquiry or other investigation has been or is being conducted by any governmental agency or other third person with respect to the presence or discharge of' Hazardous Materials at the Property or the quality of the air, or surface or subsurface conditions at the Property. Seller has received no notice that any such inspection, audit, inquiry or investigation is pending or proposed, nor has Seller or any previous owner of the Property received any warning notice, notice of violation, administrative complaint, judicial complaint or other formal or informal notice alleging that Hazardous Materials have been stored or released at the Property or that conditions on the Property are in violation of' any Environmental Laws. 5. TITLE EVIDENCE AND SURVEY Within five (5) business days of the Effective Date, Seller shall deliver to Purchaser such title commitments; abstract of title, or other evidence of title and such survey(s) of the Property as Seller may have in its possession or of which it may have knowledge. Purchaser shall be responsible for obtaining, at its sole cost, (i) a commitment for title insurance, from a certified title insurance company authorized to issue title insurance in the State of Florida, agreeing to insure Purchaser's title, free of all exceptions, except those that may be accepted by Purchaser, together with all corresponding title documents, and (ii) a survey of the Property showing the Property to be free of encroachments or conditions that, in Purchaser's sole discretion, would affect its proposed use of the Property. Purchaser shall have a period equal, to the Inspection Period in which to obtain and examine the survey and the title commitment and submit to the Seller its objections. Seller shall have a period of fifteen (15) business days after its receipt of Purchaser's notice in which to cure any title defects. Seller shall use good faith efforts to cure any Title Defect. If Seller is unable to cure title defects and convey good, marketable title to the Property according to provisionsof this Agreement, Purchaser may: (i) elect to accept such title that Seller may be able to convey, with no reduction in Purchase Price; or (ii) terminate this Agreement, in which case the Deposit and all interest earned thereon shall be returned by Escrow Agent to Purchaser. Upon such refund, this Agreement shall be null and void and the parties shall be relieved of all further obligation and liability, and neither party shall have any further claims against the other. 6. CLOSING PLACE AND DATE Unless otherwise . eXtended by other provisions of this Agreement, closing shall take place within thirty (30) business days after the Effective Date, no later than October 14, 2011, at a Mutually agreeable time (the "Closing") at the City of Miami, Department of Public Facilities located at 444 S.W. 2nd Avenue, Suite 325, Miami, Florida or at such other location within the City of Miami that the Purchaser may designate in writing by affording a notice to Seller as provided herein. The parties may, subject to mutual written agreement, establish an earlier or extend the date for Closing. 7. CLOSING DOCUMENTS (a) :Seller's Closing Docii rents: At Closing, Seller shall execute and/or deliver to Purchaser the 'following documents, in form and substance acceptable to the Purchaser's City Attorney: (1) Statutory Warranty Deed; (2) A Closing Statement; (3) A Seller's Affidavit (4) Evidence of compliance with the Conditions Precedent. (5) Such other documents as are necessary to fully authorize the sale of the Property and the execution of all closing documents; (6) An affidavit reaffirming the warranties and representations set forth herein and certifying compliance with all Conditions Precedent. (b) Purchaser's Closing Documents: At Closing, Purchaser shall execute and deliver to Seller the following: (1) Closing Statement; 7 Such documents as are necessary to fully authorize the purchase of. the Property and the execution of all closing documents; Such other documents as are necessary to authorize the purchase of the Property and the execution of all closing documents. (c) .0ther Contract Documents: Seller acknowledges that the property is being acquired by a governmental agency and that the transaction may be subject to certain federal, state and local requirements, which include reporting 'and disclosure of information. ;Seller agrees to comply with the public • disclosure and inspection ;requirements under Chapter 119, Florida Statutes, disclosure of :beneficial interests under Section 286.23, Florida Statutes, ;certification regarding conflict of interest under Chapter 112, Florida :Statutes, Chapter 2 of the Miami City Code and §2-11-1 of the Miami - Dade County Code, certification regarding Public Entity Crimes under Section 287.133, Florida Statutes, and in connection therewith, Seller agrees to execute and deliver all documents required or requested by Purchaser or any other governmental authority, including, but not limited to: .(1) Conflict of Interest and Non -Collusion. Affidavit; and (2) Seller is a partnership, limited partnership, corporation, or trust, and (3) Public Entity Crime Affidavit. Additionally, if property is acquired with federal funds, the Seller shall provide the Purchaser with a Receipt of Disclosures and Notices under -the Uniform Relocation Assistance and Real Property Acquisition Policy Act of 1970, as amended from time to time, and :Seller shall comply with such other certification or reporting requirements as may be required under the program. regulations or applicable federal and state laws or regulations. 8. CLOSING COSTS AND ADJUSTMENTS At Closing, the following items shall be borne, adjusted, prorated or assiimed by or between Seller and Purchaser as follows: (a) Adiustments•and Prorations: 8 (1) (3) Certified/Pending Liens: Certified,confirmed and ratified governmental liens as of the Closing Date shall be paid by Seller. Pending liens as of the Closing Date shall be assumed by Purchaser. (2) Other Taxes, Expenses, Interest, Etc: Taxes, assessments, water and sewer charges, waste fee and fire protection charges, if applicable, shall be prorated. Usual and Customary: Such other items that are usually and customarily pro -rated between purchasers and sellers of properties in the area where the Property is located. All pro - rations shall utilize the 365-day method. (b) :Closing Costs: (1) Each party shall be responsible for its own attorney's fees incurred in connection with the Closing. (2) Seller shall pay closing costs incurred in connection with the sale of the Property described in this Agreement, including documentary stamps and surtax on the deed. Purchaser shall pay closing costs incurred in connection with the sale of the Property described in this Agreement, including, but not limited to: (3) (i) appraisals (ii) all inspection and environmental testing costs (iii) title search and title insurance policy (iv) surveys or recertification of current surveys (v) recording charges payable in connection with the recording of the deed 9. DEFAULT (a) If this transaction does not close as a result of default by Seller, Purchaser, in addition to all other remedies available at law or in equity, shall have the right to: (i) terminate this Agreement and. / 9 � (b) (c) receive the return of the Deposit and all interest thereon; or (ii) waive any such conditions or defaults and.to consummate the transactions contemplated by this Agreement in the same manner as if there had been no conditions or defaults and without any reduction in the 'Purchase Price and without any further claim against Seller. If this transaction does not close as a result of default by Purchaser, :Seller, as and for its sole and exclusive remedy, shall retain the Deposit and all interest earned thereon, as liquidated damages and not as a penalty for forfeiture, actual damages being difficult or impossible to measure. Neither party shall be entitled to exercise any remedy for a default by the other party, except failure to timely close, until (i) such party has delivered to the other notice of the default and (ii) a period of ten calendar (10) business days from and after delivery of such notice has expired with the other party having failed to cure the default or diligently pursued remedy of the default. 10. RISK OF LOSS The Seller shall have all risk of loss or damage to the Property by fire or other casualty, or acts of God, until' title to the Property is transferred to Purchaser on the Closing Date. 11. DESIGNATION OF REPRESENTATIVES Purchaser and Seller have appointed the following persons on their respective behalves to be their representatives, to wit: On behalf of Purchaser: City of Miami Department of Public Facilities Madeline Valdes, Director 444 SW 2 Avenue, 3rd Floor Miami, FL 33130 Telephone No.: (305) 416-1461 Fax (305) 416-2156 10 On behalf of Seller: Manatee Bend, LLC Post Office Box 530187 Miami, FL 33153 With a copy to: Julie IO. Bru , City Attorney City of Miami 444 SW 2 Avenue, Suite 945 Miami, FL 33130 With a copy to: Mr. Larry Vancel 485 NE 77 Street Road. Miami, FL 33138 Telephone No. (305) 776-1515 12. NOTICES All notices or other communications which maybe given pursuant to this Agreement shall be in writing and shall be deemed properly served if delivered by personal service or by certified mail addressed. to Seller and Purchaser at the address indicated herein. Such notice shall be deemed given on the day on which personally served; or if by certified mail, on the fifth day after being posted or the date of actual receipt, whichever is earlier: Purchaser: City of Miami Johnny Martinez, City Manager 444 S.W. 2nd Avenue, 10th Floor Miami, FL 33130 Copies To: City ,of Miami Madeline Valdes, Director Department of Public Facilities 444 S.W. 2nd Avenue, 3rd Floor Miami, FL-33130 Julie 0. Bru, City Attorney 444 S.W. 2nd Avenue, 9th Floor Miami, FL 33130 13. CAPTIONS AND HEADINGS Seller: Manatee Bend, LLC P. 0. Box 530187 Miami, FL 33153 Copies To: Mr. Larry Vancel 485 NE 77 Street Road Miami, FL 33138 :±-- r- 1 ("�i/ 8- /5I:tca•y rye. i/lit, f�CGS 771 (.4MI FL- -7 /6, / The Section headings or captions appearing in this Agreement are for convenience .only, are not part of' this Agreement, and are not to be considered in interpreting this Agreement. 11 14. BINDING EFFECT This Agreement shall bind and inure to the benefit of the parties hereto and their successors in interest. Purchaser may assign or pledge this Agreement only with the prior written consent of the City Manager which consent may be withheld for any or no reason whatsoever. 15. GOVERNING LAW This Agreement shall be governed according to the laws of the State of Florida and venue shall be in Miami- Dade County, Florida. 16, AWARD OF AGREEMENT Seller, represents and warrants that it has not employed or retained any person employed by the Purchaser to solicit or secure this Agreement and that it has not offered to pay, paid, or agreed to pay any person employed by the Purchaser any fee, commission percentage, brokerage fee, or gift for the award of this Agreement. 17. CONFLICT OF INTEREST The Seller covenants that no person under its employ who presently exercises any functions or responsibilities in connection with purchase and sale of the Property has any personal financial interest, direct or indirect, in this Agreement, except for the interest of the Seller in the sale of the Property. The Seller is aware of the conflict of interest laws of the City of Miami (Code of the City of Miami, Florida, as amended, Chapter 2, Article V), Miami -Dade County, Florida (Dade County Code Section 2-11-1) and the State of Florida (Chapter 112, Florida Statutes), and agrees that it shall comply in all respects with the terms of said laws and any future amendments, as well as all other federal or state laws or regulations applicable to the transaction that is the subject matter of this Agreement. 18. WAIVERS No waiver by either party of any failure or refusal to comply with its obligations shall be deemed a waiver of any other or subsequent failure or refusal to comply. All remedies, rights, undertaking, obligations and agreement contained herein shall be cumulative and not mutually exclusive. 19•. SURVIVAL OF REPRESENTATIONS/WARRANTIES 12 The representations and warranties containedin this Agreement shall survive the Closing and be enforceable by the respective parties until such time as extinguished by law. 20. PARTIAL INVALIDITY In the event that any provision of this Agreement shall be unenforceable in whole or in part, such provision shall be limited to the extent necessary to render same valid, or shall be excised from this Agreement, as circumstances require, and this Agreement shall be construed as if said provision had been incorporated herein as so limited, or as • if said provision had not been included herein, as the case may be. 21. WAIVER OF TRIAL BY JURY The parties hereby knowingly, voluntarily and intentionally waive any right they may have to a trial by jury, waiver of right to file permissive counterclaims, or waiver of right to claim attorney's fees in respect to any litigation arising out of, under or in connection with this Agreement, or any course of conduct, course of dealing, statements (whether verbal or written) or actions of any party hereto. This provision is a material inducement for Purchaser and Seller entering into this Agreement. 22. ENTIRE AGREEMENT This Agreement contains the entire agreement between the parties. There are no promises, agreements, undertakings, warranties or representations, oral or written, express or implied, between the parties other than as herein set forth. No amendment or modification of this Agreement shall be valid unless the same is in writing and signed by the City Manager on behalf of the Seller and the Purchaser. 23. TIME OF THE ESSENCE Time is of the essence of this Agreementand in the performance of all conditions and covenants to be performed or satisfied by either party hereto. Whenever a date specified herein shall fall on a Saturday, Sunday or legal holiday, the date shall be extended to the next succeeding business day. 24. EFFECTIVE DATE/TIME OF ACCEPTANCE 13 The Effective Date of this Agreement shall be the date on which the last party to this Agreement executes said Agreement, the Agreement has been approved by the Miami City Commission and the Seller has been notified in writing of the approval. 25 AUTHORITY OF CITY MANAGER The Resolution of the City Commission shall, in addition to approving the purchase contemplated under this Agreement, empower the City Manager to modify this Agreement in the event a modification to this Agreement becomes necessary or desirable. 26. APPROVAL BY THE MIAMI CITY COMMISSION. This Purchase and. Sale Agreement is subject, as a condition precedent, to the approval of the Miami City Commission. 27. THIRD PARTY BENEFICIARIES Neither Seller nor the Purchaser intends to directly or indirectly benefit a third .party by this Agreement. Accordingly, therefore the parties agree that there are no third party beneficiaries to this Agreement and that no third party shall be entitled to assert a claim against the City based upon this Agreement. 28. BROKER'S COMMISSION The Seller represents and warrants that they have not hired a broker. 29. ASSIGNMENT This .Agreement, or any interest therein, shall not be assigned, transferred or otherwise encumbered under any circumstances by either party without the Prior written consent of the other party, which may be unreasonably refused) i/Lif-i e)cc ,7/7U^ }!i<¢ 1.2 �/,- rY7atX r?+c.n •G,.c S.e/LAie/ hG rti fcti t f C 7(P C p. fi,"i c/o GCime,-) fi 7C) Pc?rf, C.-r/,,,,fe in 4 2�j a,f- no CACTI- 'fv eA %-ex, .1'. ('U�lc �(��C icon �Cl J I C'�'CLICrny [ IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement, as of the clay and year first above written. 14 -,1-4 "SELLER" Manatee Bend, LLC, a Florida Limited Liability Company on ,4C.4%)<./ f•-• �--Larry Vance', - By: CP2ISTOPHER /KELLEY STATE OF FLORIDA ) ) COUNTY OF MIAMI-DADE ) BEFORE ME, the undersigned authority, personally appeared L/I e ark* , who first being duly sworn, depose and say that they executed the above instrument for the purposes therein expressed. (NOTARY PUBLIC) SEAL (Printed, Typed or Stamped Name of Notary Public) Commission No.: My Commission Expires: 15 otary ublic CHRISTOPHER P. KELLEY MY COMMISSION H DD 750754 EXPIRES: May 21, 2012 qlF� F e Bonded Thru Budget Notary Sorvlces . _"P.URCHASER" THE CITY OF MLAMI, A municipal corporation of the State of Florida Attest: By: Priscilla A. Thompson, City Clerk Johnny Martinez, P.E. City Manager Approved as to Form and Correctness Approved as to Insurance Requirements Julie 0. Bru; City Attorney Calvin Ellis, Director Risk Management STATE OF FLORIDA) COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this day of 2011 by Johnny Martinez, as City Manag-er for the City of Miami, a municipal corporation of the State of Florida. (NOTARY PUBLIC) SEAL (Printed, Typed or Stamped Name of Notary Public) Commission No.: My Commission Expires: 16 Notary Public EXHIBIT "A" Parcel ID# 01-3207-040-0341 Parcel ID# 01-3207-040-0340 Parcel ID# 01-3207-040-0330 Parcel ID# 01-3207-040-0320 485 NE 77 St. Rd., Miami, FL 465 NE 77 St. Rd., Miami, FL Lots 4, 5, 6; 7 and 8, Block 6, FEDERAL HIGHWAY, according to the plat thereof, asrecorded in Plat book 14, Page 16, of the Public Records of Miami -Dade County, Florida, also known as Lots 4, 5, 6, 7 and 8, Block 6, AMENDED PLAT OF FEDERAL .HIGHWAY, according to the Plat thereof', as recorded in Plat Book 25, Page 6, of the Public Records of Miami -Dade County, Florida. 17 EXHIBIT "A" Property Information Map Yage l of l iarnifiada, Off' Property Information Map Aerial Photography - 2009 My Home Miami -Dade County, Florida ,9! r1. t SY: ft!' y xl54h, iy rt.r . .VP4fi 't :.: ,^.,lititiq li l"P;?Al' 4.i;f.• 0 118 ft This map was created on 8/24/2011 8:02:53 AM for reference purposes only. Web Site ©2002 Miami -Dade County. All rights reserved. fiyry 5 Summary Details: -olio No.: 01-3207-04041341 Property: 485'NE 77 ST RD Mailing Address: MANATEE BEND LLC P O BOX 530187 MIAMI FL 33153- Property Information: Primary Zone: 900 MULTI -FAMILY, MEDIUM DENSITY ESIDENTIAL CLUC: • 081 VACANT LAND Beds/Baths: /0 Floors: Living Units: Adj Sq Footage: 0 Lot Size: 14,598 SQ FT (Year Built: 0 7 53 42 FEDERAL WAY AMD PB 25-6 LOT 8 BLK Legal b LOT SIZE 14598 SQ Description: FT OR 22257-4509 0404 4 COC 23032-0715 12 `?004 2 Assessment Information: `Year: 2011 2010 Land Value: $54,742 $72,990 Building Value: $0 $0 Market Value: $54,742 $72,990 Assessed Value: $54,742 $72,990 Taxable Value Information: Year: 2011 2010 Applied Applied Taxing Authority: ExemptiTaxable on/ Exemptio Taxablen/ Value: Value: Regional: $0/$54,742 $0/$72,990 County: $0/$54,742 $0/$72,990 City: $0/$54,742 $0/$72,990 School Board: • $0/$54,742 $0/$72,990 Sale Dale: Sale Information: 12/2009 Sale Amount: $280,000 Sale 0/R: Sales Qualification Description: 27131-1852 Sales qualified at time of sale, but transaction involved multiple parcels with multiple tax identification numbers View Additional Sales http://gisims2.iniamidade. gov/myholne/printmap. asp?mapual=http://gisims2.lniamidade.go... 8/24/2011 EXHIBIT "A" Property Information Map Page 1 of 1 mime - Aerial Photography - 2009 This map was created on 8/24/2011 8:08:41 AM for reference purposes only. Web Slte © 2002 Miami -Dade County. At rights reserved. My Home Miami -Dade County, Florida • .i�.iitRi !r, .rxti,ar t'.�v,vA i -tr^'�N . }i*••'5 t it k,n ,. .11Syr"' a`. 4r, • • 0 fr 118ft Summary Details: Folio No.: Property: Mailing Address: 01-3207-040-0340 MANATEE BEND LLC P O BOX 530187 M IAMI FL B3153- Property information: Primary Zone: .3900 MULTI -FAMILY, MEDIUM DENSITY RESIDENTIAL OLUC: 0081 .VACANT LAND Beds/Baths: •0/0 :Floors: 0 Living Units: D Adj Sq Footage: D Lot Size: 2,720 SQ FT Year Built: 3 7 53 42 FEDERAL WAY . AMD PB 25-6 LOT 7 BLK Legal 6 LOT SIZE 60.000 X Description: 162 OR 22257-4509 0404 4 COC 23032-0715 12 2004 2 ssessment Information: Year: 2011 2010 Land Value: . $36,389 $48,735 Building Value: $0 .$0 Market Value: $36,389 $48,735 Assessed Value: $36,389 S48,735 xable Value Information: Year: 2011 2010 Applied Applied Taxing Authority: Exemption/Taxable Exemption/Taxable Value: Value: Regional: $0/$36,389 $0/$48,735 County: $0/$36,389 $0/$48,735 City: $0/$36,389 $0/$48,735 School Board: $0/$36,389 $0/$48,735 Sale Information: Sale Date: 12/2009 Sale Amount: ;$280,000 Sale 0/R: Sales Qualification Description: 27131-1852 Sales qualified at time of sale, but transaction involved multiple parcels with multiple lax identification numbers View Additional Sales http: //gisims2.miamidade. gov/myhome/printmap. asp?mapurl=http://gisims2.miamidade. go... 8/24/2011 EXHIBIT "A" Property Information Map Page 1 of 1 Property Information Map RAC My Home Miami -Dade County, Florida • y" ,P--..Z:e. t� ?i9 Aerial Photography - 2009 0 This map was created on 8/24/2011 8:09:00 AM for reference purposes only. Web Site © 2002 Miami -Dade County. All rights reserved. �Ra71D�t�;;:iC. 118f1 t9�iAic?Y%�`f� tr„ Summary Details: `Folio No,: Property: Mailing Address: D 143207,040-0330 I465'NE 77 ST RD MANATEE BEND LLC P 0 BOX 530187 MIAM I FL .33153- Property Information: Primary Zone: 13900 MULTI -FAMILY, MEDIUM DENSITY (RESIDENTIAL CLUC: 13081 VACANT LAND Beds/Baths: 0/0 Floors: 0 Living Units: 0 Adj Sq Footage: 0 Lot Size: 0,240 SQ FT Year Built: 10 47 53 42 FEDERAL WAY AMD PB 25-6 LOT 6 BLK Legal 0 LOT SIZE 55,000 X Description: 168 OR 13589-2772 0288 5 COC 23032-0715 12 2004 2 Assessment Information: Year: 2011 2010 Land Value: $34,950 . $46,399 Building Value: $0 $0 Market Value: $34,950 $46,399 Assessed Value: $34,950 $46,399 Taxable Value Information: Year: 2011 2010 Applied Applied Taxing Authority: Exemption/ Taxable Exemption/ Taxable Value: Value: Regional: $0/$34,950 $0/$46,399 County: $0/$34,950 $0/$46,399 City: $0/$34,950 $0/$46,399 School Board: $0/$34,950 $0/$46,399 Sale Information: Sale Date: 12/2009 Sale Amount: S280,000 Sale O/R: 27131-1852 Sales qualified at time of Sales sale, but transaction 'Qualification , involved multiple parcels Description: with multiple tax 6dentlfication numbers View Additional Sales hap://gisims2.miamidade.gov/myhoime/printmap, asp ?mapurl=http://gisims2.lTniamidad e. go... 8/24/2011 EXHIBIT "A" Property Information Map Page lor! Property Information Map My Home Miami -.Dade County, Florida rr�sl 4-r •L{{ +1'''%ys �'rN r^S ATfr ,{J�V !:a'Yti t{s`q7' i'4i JkK:Mrj, 4„r, tiyjZayOtd A ilia3k. 4 ;s Aerial Photography - 2009 0 118 ft This map was created on 8/24/2011 8:10:45 AM for reference purposes only. Web Site © 2002 Miami -Dade Courtly. All rights reserved. 04!f olk YI 4%0,4 } i. Summary Details: Folio No.: Property: Malting Address! 01-3207-040-0320 MANATEE BEND LLD P 0 BOX 530187 MIAMI FL 33153- Property Information: Primary Zone: 3900 MULTI -FAMILY, MEDIUM DENSITY RESIDENTIAL CLUC: 0081 VACANT LAND Beds/Baths: b/0 Floors: 0 Living Units: 0 Ad) Sq.Footage: 0 Lot Size: 19,360 SQ FT Year Built: fJ FEDERAL WAY AMD PB 25-6 LOTS 4 & 5 BLK 6 Legal LOT SIZE 110.000 X 176 OR 14759-2220 1088 4 Description: COC 22937-4916 12 20041 OR 27131-1852 1209 05 Assessment Information: Year: 2011 2010 Land -Value: .$72,169 $96,633 Building Value: $0 $0 Market Value: $72,169 $96,633 ,Assessed Value: $72,169 $96,633 Taxable Value Information: Year: 2011 2010 Applied Applied Taxing Authority: Exemption/ Taxable Exemption/ Taxable Value: Value: Regional: $0/$72,169 $0/$96,633 county: $0/$72,169 $0/$96,633 City: $0/$72,169 $0/$96,633 School Board: $0/$72,169 $0/$96,633 Sale Information: Sale Date: 112/2009 Sale Amount: 280,000 Sale O/R: 27131-1852 Sales qualified at time of Sales sale, but transaction Qualification involved multiple parcels Description: with multiple tax Identification numbers View Additional Sales http://gisims2.iniarnidade. gov/ nyhore/printmap. asp?inapurl=http://gisilns2.nuamidade.go... 8/24/2011