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City of Miami Legislation Resolution: R-10-0286 City Hall 3500 Pan American Drive Miami, FL 33133 wwiw.miamigov.com File Number: 10-00760 Final Action ➢ate:7/8/2010 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), GRANTING MIAMI DREAM HOMES INVESTMENT GROUP, INC., AN EXTENSION OF THE CONSTRUCTION COMMENCEMENT DATE ON THE PROPERTY LOCATED AT 6020 NORTHWEST 15TH AVENUE, MIAMI, FLORIDA, FROM JUNE 30, 2010 TO JULY 1, 2011, AND AN EXTENSION OF THE CONSTRUCTION COMPLETION DATE FROM JUNE 30, 2011 TO JUNE 30, 2012, FOR THE DEVELOPMENT OF A FIFTEEN (15) UNIT RENTAL PROJECT FOR LOW AND MODERATE INCOME PERSONS, AS DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE(S). WHEREAS, pursuant•to Resolution No. 05-0357, adopted May 26, 2005, the Miami City Commission approved the conveyance, with title reverter conditions, of eleven (11) parcels of City of Miami ("City") owned land directly to developers for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, pursuant to said Resolution, six (6) of the eleven (11) parcels of City -owned land including 6020 Northwest 15th Avenue, Miami, Florida (the "properties"), were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream Homes"), by quit claim deed dated September 27, 2005, for the construction of affordable single family homes, and on July 5, 2006, a Corrective Quit -Claim Deed was executed between the City and Miami Dream Homes; and WHEREAS, pursuant to Resolution No. 07-0133, adopted March 08, 2007, the Miami City Commission approved the modification of condition/restriction No. 5 of the Corrective Quit Claim Deed, dated July 5, 2006, from the City to Miami Dream Homes to provide that construction on the Properties of one (1) of the above referenced single family homes must commence no later than July 1, 2007, and the reversion of the property located at 1477 Northwest 60th Street, Miami, Florida, to the City; and WHEREAS, pursuant to Resolution No. 08-0250, adopted May 8, 2008, the Miami City Commission granted Miami Dream homes an extension of time until April 30, 2009, to complete the affordable housing construction project on the Properties listed in Exhibit "A", and for the conveyance of the multi -family rental project to the City; and WHEREAS, pursuant to Resolution No. 09-0174, adopted April 2, 2009, the Miami City Commission approved an extension of construction commencement date on the property located at 6020 Northwest 15th Avenue, Miami, Florida, to June 30, 2010 and a change to the construction completion date to June 30, 2011; and WHEREAS, on May 1, 2009 an Amended Corrective Quit -Claim Deed was executed; and City of Miami Page 1 of 3 File Id: 10-00760 (Version: 1) Printed On: 7/21/2010 File Number. 10-00760 Enactment Number: R-10-0286 WHEREAS, on January 22, 2010, a Second Amended Corrective Quit -Claim Deed was executed between the City and Miami Dream Homes, and on May 26, 2010, Miami Dream Homes submitted a request for the extension of the construction commencement and completion dates; and -- WHEREAS, the Administration recommends granting Miami Dream Homes an extension of the construction commencement date on the property located at 6020 Northwest 15th Avenue, Miami, Florida, to July 1, 2011, and an extension of the construction completion date to June 30, 2012, for the development of a fifteen (15) unit rental project for low and moderate income persons, as indicated in Exhibit "A", attached and incorporated; and WHEREAS, Miami Dream Homes has completed and sold the single family homes on the parcels located at 1545 Northwest 58th Terrace, 1535 Northwest 58th Terrace, 1533 Northwest 58th Terrace, 1543 Northwest 59th Street, 1600 and 1610 Northwest 60th Street, Miami, Florida, with the exception of the property located at 1543 Northwest 59th Street, Miami, Florida, which has not been sold; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by referenced and incorporated as if fully set forth in this Section. Section 2. The Miami City Commission grants Miami Dream Homes an extension of the construction commencement date on the property located at 6020 Northwest 15th Avenue, Miami, Florida, to July 1, 2011, and an extension of the construction completion date to June 30, 2012, for the development of a fifteen (15) unit rental project for low and moderate income persons, as indicated in Exhibit "A", attached and incorporated. Section 3. It is in the intention of the Miami City Commission that title to the parcels described in Exhibit "A", attached and incorporated, shall be deemed to have remained in Miami Dream Homes from the date of conveyance, and that the extension of time granted herein shall be deemed to have been made on or before June 30, 2010. Section 4. purpose(s). Section 5. of the Mayor.{2} The City Manager is authorized{1} to execute all necessary documents for said This Resolution shall become effective immediately upon its adoption and signature Footnotes: City of Miami . Page 2 of 3 File Id: 10-00760 (Version: 1) Printed On: 7/21/2010 File Number: 10-00760 Enactment _Number: R-10-0286 {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. (2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 3 of 3 File Id: 10-00760 (Version: 1) Printed On: 7/21/2010 EXHIBIT "A" 6020 NORTHWEST 15TH AVENUE (MULTI FAMILY RENTAL PROJECT: 15 UNITS FOR LOW INCOME PERSONS) Lot 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida. 11/0 (Cr( 7 (a City of Miami Certified Copy City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 09-00291 Enactment Number: R-09-0174 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), GRANTING MIAMI DREAM HOMES INVESTMENT GROUP, INC. AN EXTENSION TO COMPLETE CONSTRUCTION OF THE CD BUILDING PROJECT LOCATED AT 1525 NORTHWEST 60TH STREET, MIAMI, FLORIDA, FROM APRIL 30, 2009 TO DECEMBER 31, 2009, AND FOR THE CONVEYANCE OF THE CD BUILDING PROJECT TO THE CITY OF MIAMI;cA°UTHORIZINGTH'E EXTeNSLON E1-51 E CORISTR0CTIONjCOMMENCEMIENT> DTATE H PROPERTYY LOC4ATED'A' 602 F171: , A T JIJNE 0 2010 FURTHER'AIdTHORIZING-0THE EXTENSION OF' ��f �'ar 4�5„x^..ds�-n � °�� ,��^,* �� � trxYx � t x �,s +,zs�..�t.. �..�'W: 1 .-'�. s - , THEE c®NSTRUCT�ON COMPLETION DAT'E7-ro JL NE 30 DEgEE®PMENT ®F A IFTEEN (15) U 1T°R;EN ML P�ROJE,GT4FO LOW AND MODERATE INCOME PERSONS, AS INDICATED IN EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 05-0357, adopted May 26, 2005, the Miami City Commission approved the conveyance, with title reverter conditions, of eleven parcels of City of Miami ("City") owned land directly to developers, for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, pursuant to said Resolution, six (6) of the eleven (11) parcels of City -owned land (the "Properties") were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream Homes"), by quit claim deed dated September 27, 2005, for the construction of affordable single family homes; and WHEREAS, pursuant to Resolution No. 06-0329, adopted May 25, 2006, the Miami City Commission amended Resolution No. 05-0357, to reflect the parcel located at 1525 Northwest 60th Street, Miami, Florida, to be developed as a new construction multi -family rental project consisting of seven (7) units for low income persons; and WHEREAS., pursuant to Resolution No. 07-0133, adopted March 08, 2007, the Miami City Commission approved the modification of condition/restriction No. 5 of the corrective quit claim deed, dated July 5, 2006, from the City to Miami Dream Homes to provide that construction on the properties of one (1) of the above referenced single family homes must commence no later than, July 1, 2007; and WHEREAS, Miami Dream Homes has completed and sold the single family homes on the parcels located at 1545 Northwest 58th Terrace, 1535 Northwest 58th Terrace, 1533 Northwest 58th Terrace, 1543 Northwest 59th Street, 1600 and 1610 Northwest 60th Street, Miami, Florida; and WHEREAS, pursuant to Resolution No. 08-0250, adopted May 8, 2008, the Miami City Commission granted Miami Dream homes an extension of time until April 30, 2009, to complete the affordable housing construction project on the Properties listed in Exhibit "A", and for the conveyance Page ! of 3 R-09-0174 File Number: 09-00291 Enactment Number: R-09-0174 of the multi -family rental project to the City; and WHEREAS, the Administration recommends granting Miami Dream Homes an extension of time to complete construction of the CD Building Project located at 1525 Northwest 60th Street, Miami, Florida, from April 30, 2009 to December 31, 2009, and for the conveyance of the project to the City, an extension of the construction commencement date on the property located at 6020 Northwest 15th Avenue, Miami, Florida, to June 30, 2010, and an extension of the construction completion date to June 30, 2011, for the development of a fifteen (15) unit rental project for low and moderate income persons, as indicated in Exhibit "A", attached and incorporated; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by referenced and incorporated as if fully set forth in this Section. Section 2. The extension of time to Miami Dream Homes, to complete construction of the CD Building Project located at 1525 Northwest 60th Street, Miami, Florida, from April 30, 2009. to December 31, 2009, and for the conveyance of the project to the City, is granted, and an extension of the construction commencement date on the property located at 6020 Northwest 15th Avenue, Miami, Florida, to June 30, 2010, and an extension of the construction completion date to June 30, 2011, for the development of a fifteen (15) unit rental project for low and moderate income persons, as indicated in Exhibit "A", attached and incorporated, is authorized. Section 3. It is in the intention of the City Commission that title to the parcels described in Exhibit "A" attached and incorporated, shall be deemed to have remained in Miami Dream Homes from the date of conveyance, and that the extension of time granted herein shall be deemed to have been made on or before December 31, 2009. Section 4. The City Manager is authorized {1} to execute all necessary documents for said purpose. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Date: APRIL 2. 2009 Mover: VICE CHAIR SPENCE-JONES Seconder: COMMISSIONER GONZALEZ Vote: AYES: 4 - COMMISSIONER GONZALEZ, SANCHEZ, REGALADO AND SPENCE-JONES ABSENT: 1 - COMMISSIONER SARNOFF Acticn: ADOPTED City of aliami Page 2 of 3 R-09-0174 File -Number: 09-00291 Enactment Number: R-09-0174 I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R-09-0174, with attachments, passed by the City Commission on 4/2/2009. April 07, 2009 Date Certified {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. - {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Adiami Page 3 of 3 R-09-0174 EXHIBIT "A" 1525 NOFTHWEST 60TH STREET (MULTI FAMILY RENTAL PROJECT: 7 UNITS FC:i? LOW INCOME PERSON) Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded In Plat Book 14, Page 62, of the Public Records of Dade County, Florida. 6020 NORTHWEST 15TH AVENUE (MULTI FAMILY RENTAL PROJECT: 15 UNITS FOR LOW INCOME PERSONS) Lot 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida. oka,, City of Miami Certified Copy City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00433 Enactment Number: R-08-0250 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), GRANTING MIAMI DREAM HOMES INVESTMENT GROUP, INC., AN EXTENSION, UNTIL aPRIL 30, 2009, TO COMPLETE THE AFFORDABLE HOUSING CONSTRUCTION PROJECTS ON THE PROPERTIES LISTED IN EXHIBIT "A", ATTACHED AND INCORPORATED, AND FOR THE CONVEYANCE OF THE MULTI -FAMILY RENTAL PROJECT TO THE CITY; STATING THE INTENTION OF THE CITY COMMISSION RELATING TO THE . CONVEYANCE OF TITLE TO THE PROPERTIES LISTED ON EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENT(S) FOR SAID PURPOSE(S). WHEREAS, pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City Commission approved the conveyance, with title reverter conditions, of eleven parcels of City of Miami ("City") owned land directly to developers, for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, pursuant to said Resolution, six (6) of the eleven parcels of City -owned land (the "Properties") were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream Homes"), by quit claim deed dated September 27, 2005, for the construction of affordable single family homes, and WHEREAS, pursuant to Resolution No. 06-0329, adopted May 25, 2006, the City Commission approved one parcel, located at 1525 Northwest 60th Street, Miami, Florida, to be developed as a new construction multi- family rental project consisting of seven (7) units for low income persons; and WHEREAS, pursuant to Resolution No. 07-0133, adopted March 08, 2007, the City Commission approved the modification of condition/restriction No. 5 of the corrective quit claim deed, dated July 5, 2006, from the City to Miami Dream Homes to provide that construction on the Properties of one of the single family homes must commence no later than July 1, 2007; and WHEREAS, due to issues with architect and engineering companies, and extensive delays in obtaining permits due to new permit requirements in the development district, Miami Dream Homes was unable to complete the multi -family rental project on the parcel located at 1525 Northwest 60th Street, Miami, Florida, in the timeframe required; and WHEREAS, due to Miami -Dade County policy changes that gave priority to the Dade County infill program, Miami Dream Homes experienced delays on the parcels located at 1533 Northwest 58th Terrace, 1543 Northwest 59th Street, 1600 and 1610 Northwest 60th Street and 6020 Northwest 15th Avenue, Miami, Florida; and WHEREAS, Miami Dream Homes has completed and sold the single family homes on the parcels located at 1535 and 1545 Northwest 58th Terrace, Miami, Florida; and City of Miami Page / of3 R-0, -0 _50 File Number: 08-00433 Enactment Number: R-08-0250 WHEREAS, Miami Dream Homes has resolved all issues and is ready to complete both the single family homes and the multi -family rental project; and WHEREAS, the Administration recommends granting Miami Dream Homes an extension of time until April 30, 2009, for Miami Dream Homes to complete the affordable housing construction projects on the Properties listed in Exhibit "A", and for the conveyance of the multi -family rental project to the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. An extension of time until April 30, 2009, for Miami Dream Homes to complete the affordable housing construction projects on the Properties listed in Exhibit "A", and for the conveyance of the multi -family rental project to the City, is authorized. Section 3. It is in the intention of the City Commission that title to the parcels described in Exhibit "A", attached and incorporated, shall be deemed to have remained in Miami Dream Homes from the date of conveyance, and that the extension of time granted herein shall be deemed to have been authorized on or before April 30, 2008. Section 4. The City Manager is authorized{1} to execute all necessary document(s) for said purpose. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} Date: MAY 8, 2008 Mover: COMMISSIONER GONZALEZ Seconder: VICE CHAIR SPENCE-JONES Vote: AYES: 5 - COMMISSIONER GONZALEZ, SARNOFF, SANCHEZ, REGALADO AND SPENCE-JONES Action: ADOPTED WITH MODIFICATIONS C:ilyofMiami Page 2 of 3 R-08-0250 File Number: 08-00433 Enactment Number: R-08-0250 I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R-08-0250, with attachments, passed by the City Commission on 5/8/2008. May 15, 2008 Date Certified {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Ctry of Mann Page 3 of 3 - R-08-0250 City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com. File Number: 08-00433 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), GRANTING MIAMI DREAM HOMES INVESTMENT GROUP, INC., AN EXTENSION, UNTIL DECEMBER 31, 2008, TO COMPLETE THE AFFORDABLE HOUSING CONSTRUCTION PROJECTS ON THE PROPERTIES LISTED IN EXHIBIT "A", ATTACHED AND INCORPORATED, AND FOR THE CONVEYANCE OF THE MULTI -FAMILY RENTAL PROJECT TO THE CITY; STATING THE INTENTION OF THE CITY COMMISSION RELATING TO THE CONVEYANCE OF TITLE TO THE PROPERTIES LISTED ON EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENT(S) FOR SAID PURPOSE(S). WHEREAS, pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City Commission approved the conveyance, with title reverter conditions, of eleven parcels of City of Miami ("City") owned land directly to developers, for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, pursuant to said Resolution, six (6) of the eleven parcels of City -owned land (the "Properties") were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream Homes"), by quit claim deed dated September 27, 2005, for the construction of affordable single family homes, and WHEREAS, pursuant to Resolution No. 06-0329, adopted May 25, 2006, the City Commission approved one parcel, located at 1525 Northwest 60th Street, Miami, Florida, to be developed as a new construction multi- family rental project consisting of seven (7) units for low income persons; and WHEREAS, pursuant to Resolution No. 07-0133, adopted March 08, 2007, the City Commission approved the modification of condition/restriction No. 5 of the corrective quit claim deed, dated July 5, 2006, from the City to Miami Dream Homes to provide that construction on the Properties of one of the single family homes must commence no later than July 1, 2007; and WHEREAS, due to issues with architect and engineering companies, and extensive delays in obtaining permits due to new permit requirements in the development district, Miami Dream Homes was unable to complete the multi -family rental project on the parcel located at 1525 Northwest 60th Street, Miami, Florida, in the timeframe required; and WHEREAS, due to Miami -Dade County policy changes that gave priority to the Dade County infill program, Miami Dream Homes experienced delays on the parcels located at 1533 Northwest 58th Terrace, 1543 Northwest 59th Street, 1600 and 1610 Northwest 60th Street and 6020 Northwest 15th Avenue, Miami, Florida; and WHEREAS, Miami Dream Homes has completed and sold the single family homes on the City of Miami Page 1 of 2 Printed On: 4/29/2008 File Number. 08-00433 parcels located at 1535 and 1545 Northwest 58th Terrace, Miami, Florida; and WHEREAS, Miami Dream Homes has resolved all issues and is ready to complete both the single family homes and the multi -family rental project; and WHEREAS, the Administration recommends granting Miami Dream Homes an extension of time until December 31, 2008, for Miami Dream Homes to complete the affordable housing construction projects on the Properties listed in Exhibit "A", and for the conveyance of the multi -family rental project to the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this. Section. Section 2. An extension of time until December 31, 2008, for Miami Dream Homes to complete the affordable housing construction projects on the Properties listed in Exhibit "A", and for the conveyance of the multi -family rental project to the City, is authorized. Section 3. It is in the intention of the City Commission that title to the parcels described in Exhibit "A", attached and incorporated, shall be deemed to have remained in Miami Dream Homes from the date of conveyance, and that the extension of time granted herein shall be deemed to have been authorized on or before April 30, 2008. Section 4. The City Manager is authorized{1} to execute all necessary document(s) for said purpose. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU CITY ATTORNEY Footnotes: {1) The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable. City Charter and Code provisions. {2) If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 1 of 2 Printed On: 4/19/2008 EXHIBIT "A" EXTENDING PROJECT COMPLETION DATE FOR THE PARCELS OF LAND CONVEYED TO MIAMI DREAM HOMES, INC., AND CONVEYING THE MULTI -FAMILY RENTAL PROJECT TO T HE CITY ADDRESSES: 1 parcel @ 1525 N.W. 60 Street (Multi -Family Rental Project: 7 units for low income persons) 1 parcel @ 1533 N.W. 58 Terrace (1 lot/ 1 home) 1 parcel @ 1543 N.W. 59 Street (1 lot/1 home) 1 parcel @ 1600 and 1610 N.W. 60 Street (2 lots/2 homes) 1 parcel @ 6020 N.W. 15 Avenue (4 townhomes: 2bedrooms/ 2 IA baths) City of Miami Certified Copy City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00306 Enactment Number: R-07-0133 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), MODIFYING CONDITION/ RESTRICTION NO. 5 OF THE CORRECTIVE QUIT CLAIM DEED, DATED JULY 5, 2006, FROM THE CITY OF MIAMI TO MIAMI DREAM HOMES INVESTMENT GROUP, INC. TO PROVIDE THAT CONSTRUCTION ON THE PROPERTY LISTED IN EXHIBIT "A," ATTACHED AND INCORPORATED, OF ONE SINGLE FAMILY HOME MUST COMMENCE NO LATER THAN JULY 1, 2007; STATING THE INTENTION OF THE CITY COMMISSION RELATED TO THE CONVEYANCE OF TITLE TO THE PROPERTIES LISTED ON EXHIBIT "A"; CONFIRMING THE REVERSION TO THE CITY OF MIAMI OF TITLE TO ONE VACANT PARCEL OF LAND LOCATED AT 1477 NORTHWEST 60 STREET, MIAMI FLORIDA, LISTED ON EXHIBIT "B," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE. WHEREAS,' pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City Commission approved the conveyance, with title reverter conditions, of eleven parcels of City of Miami ("City") owned land directly to developers, for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, six (6) of the eleven parcels of City -owned land were conveyed to Miami Dream Homes Investment Group, Inc. (the "Properties") for the new construction of affordable single family homes; and WHEREAS, pursuant to Resolution No. 06-0329, adopted May 25, 2006, the City Commission approved the development as a new construction multi- family rental project, consisting of seven (7) units for low income persons, of the parcel of land located at 1525 Northwest 60 Street, Miami, Florida; and WHEREAS, the Properties were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream Homes") by Quit Claim Deed dated September 27, 2005 and Corrective Quit Claim Deed dated July 5, 2006; and WHEREAS, due to the delay in obtaining permits from the Department of Water and Sewer and the Department of Environmental Resource Management, Miami Dream Homes was unable to start construction as required by the quit claim deeds; and WHEREAS, the Administration recommends modifying the Corrective Quit Claim Deed to Miami Dream Homes to provide that construction on the Properties of one (1) single family home must commence no later July 1, 2007; and WHEREAS, the Administration also recommends confirming that title to the property located at 1477 Northwest 60 Street Miami, Florida, previously conveyed to Miami Dream Homes, has reverted to the City; City of Miami Page 1 of 3 R-07-0133 File Number: 07-00306 Enactment Number: R-07-0133 NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The modification of Condition/ Restriction No. 5 of the Corrective Quit Claim Deed dated July 5, 2006, from the City to Miami Dream Homes, to provide that construction of one (1) single family home on the property listed on Exhibit "A," attached and incorporated, must commence no later than July 1, 2007, is approved. Section 3. It is in the intention of the City Commission that title to the parcels described in Exhibit "A," attached and incorporated, except for the parcel located at 1477 Northwest 60 Street Miami, Florida, shall be deemed to have remained in Miami Dream Homes from the date of conveyance, and that the extension of time granted herein to commence construction shall be deemed to have been. made on or before January 5, 2007. Section 4. The reversion of title to City of the parcel of land located at 1477 Northwest 60 Street Miami, Florida, listed in Exhibit "B," attached and incorporated, is confirmed. Section 5. The City Manager is authorized {1 } to execute all necessary documents for said purpose. Section 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Date: MARCH 8, 2007 Mover: COMMISSIONER SPENCE-JONES Seconder: VICE-CHAIRMAN SANCHEZ Vote: AYES: 5 - COMMISSIONER GONZALEZ, SARNOFF, SANCHEZ, REGALADO AND SPENCE-JONES Action: ADOPTED WITH MODIFICATIONS Date: MARCH 12, 2007 Action: SIGNED BY THE MAYOR City of Miami Page 2 of 3 R-07-0133 File Number: 07-00306 Enactment Number: R-07-0133 I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R-07-0133, with attachments, passed by the City Commission on 3/8/2007. September 25, 2007 Date Certified {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 3 of 3 R-07-0133 EXHIBIT "A" EXTENDING START DATE CONSTRUCTION FOR THE PARCELS OF LAND CONVEYED TO MIAMI DREAM HOMES INVESTMENT GROUP, INC. ADDRESSES 1 parcel @ 6020 N.W. 15 Avenue (2 lots/ townhomes) 1 parcel @ 1600 and 1610 N.W. 60 Street (2 lots/2 homes) 1 parcel @ 1543 N.W. 59 Street (1 lot/1 home) 1 parcel @ 1533, 1535 and 1545 N.W. 58 Terrace (3 lots/3 homes) 1 parcel @ 1525 N.W. 60 Street (Multi- Family Rental Project: 7 units for low income persons) THIS DOCUMENT A SUBSTITUTION TO ORIGINAL BACKUP. ORIGINAL CAN BE SEEN AT ENIOF THIS DOCUMENT it:Document 68697 67= M30Ct, br�f EXHIBIT "A" EXTE " s 1NG START DATE CONSTRUCTION FOR THE PARCELS OF LAND CON, YED TO MIAMI DREAM HOMES INVESTMENT GROUP, INC. ADDRESSES 1 parcel © 6020 N.W. 15 ' venue (2 lots/homes) 1 parcel @ 1612 N.W. 60 St : -t (2 lots/homes) 1 parcel @ 1543 N.W. 59 Stree 1 lot/home) 1 parcel @ 1535 N.W. 58 Terrace lots/homes) 1 parcel @ 1525 N.W. 60 Street (Mu - Family Rental Project: 7 units for low income persons) SiJ i Ills instrument was prepare° oy and return to: Kvmberlee C. Smith, Esq. City of Miami Office of the City Attorney 444 S.W. 2nd Avenue, 9th Floor Miami, Florida 33130 I� it IIIIIIIIIIIIIII11111IIIIIIIIII111II111 2010R0 726;s24 OR Bk 27467 Fss 2380 - 2388; (.9Pss RECORDED 10/26/2010 10:51:39 DEED DDC TAX. 0.60 SURTAX 0,45 HARVEY RUVINP CLERK OF COURT MIAMI-MADE CDUNTYP FLORIDA SECOND AMENDED CORRECTIVE QUIT -CLAIM DEED THIS AMENDED CORRECTIVE CITY DEED is made as of the 5, `r c day of v Toy e , 2010 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 Miami Dream Homes Investment Group, Inc., a Florida corporation, whose address is 5801 NW 151 Street, Suite 101 Miami Lakes, Florida 33014, (hereinafter called the "Grantee"). WITNESSETH: That the Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and good 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 Grantors right, title and interest in that certain land situated in Miami -Dade County, Florida, hereinafter referred to as the "Property", to wit: Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N.W. 15 Avenue, Miami, Florida. Subject to: 1. Conditions, restrictions, easements, limitations and reservations of record, though 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; THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NOS. 5 and 7 STATED IN THAT CERTAIN AMENDED. CORRECTIVE QUIT CLAIM DEED DA I ED MAY 1, 2009, RECORDED MAY 28, 2009, IN OFFICIAL RECORDS BOOK 26880, AT PAGE 4472-4480, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. 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 title to the Property shall immediately and automatically revert to and vest in the Grantor in the event that (A) within six (6) months from the date of this Second Amended Corrective Quit -Claim Deed, or such later date as may be approved by the City Commission of the City of Miami, the Grantee has not (i) commenced construction, to the satisfaction of the Grantor in its sole judgment, of a fifteen (15) unit multi -family rental project on the parcel located at Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N.W. 15 Avenue, Miami, Florida, by July 1, 2011, or (ii) the construction of the fifteen (15) unit multi -family rental project has not been completed, as evidenced by the issuance of all required Certificates of Occupancy by June 30, 2012, or such later date as may be approved by the City Commission of the City of Miami, or 6. (Deleted) 7. The Property is subject to all restrictions as stated in Resolution 05-0357 adopted by the City Commission on May 26, 2005, Resolution 06-0329 adopted by the City Commission on May 25, 2006, Resolution No. 070133 adopted by the City Commission on March 8, 2007, Resolution No. 08-0250 adopted by the City Commission on May 8, 2008, Resolution No. 09-0174 adopted by the City Commission on April 2, 2009 and Resolution No. 10- 0286 adopted by the City Commission on July 8, 2010. 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. Signed, sealed and delivered in our presence: Print VAC cl 41+(,-\ C ,n bid a /'i k c uG /- AL- t Name: LA CI dcm.tr, City of Miami, a municipal corporation of the State of Florida By: Carlos A. igoya City Manager Approved as to Form and correctness: Julie O. Bru City Attorney STA 1 E OF FLORIDA ) )SS COUNTY OF MIAMI-DADE ) Attest: ic Priscilla A. Thompson City Clerk The foregoing instrument was ackn wledged before me this 3-1-41 day of Da4oi,er' , 2010 by LfE.c.os A. M a as City Manager of the City of Miami, a municipal corporation of the State of Florida, who is personally known to me or who has produced /✓/P, as identification and who liid/did not take an oath. Printed Name: A/ ( U/Cl e5 Notary Public My Commission Expires: ��� %t IHtotool, T ° AP. P. '% yfj �P�P�M\SSION�A Fcf' � aV0 4��29 207V. S. y'. OD 766769 : o The foregoing conveyance was approved pursuant to Resolution No. 10-0286 of the City Commission of the City of Miami, a municipal corporation of the State of Florida, passed and adopted on July 8, 2010. A copy of Resolution No. 10-0286 adopted by the City Commission on July 8, 2010 is attached hereto as Exhibit "A". Exhibit A Resolution No. R-10-0286 of the City Commission of the City of Miami, passed and adopted on July 8, 2010. «Professional Initials: Lowercase Type Usern:Document Second Amended Cor Quit Claim Deed �fI This Instrument Prepared By and Return To: Denise Wallace, Esq. City of Miami Office of the City Attorney 444 S.W. 2N13 Avenue Miami, Florida 33130-1910 III IIIfi 1111111111 IIIII 11111 IIIII III CFN 2 09R'i3SS4-2 DR Bk 2d88o F'ss 4472 — 4480i RECORDED 05/28/2009 o9:38:4: DEED DOC TAX 0.6D SURTAX. 0.45 HARVEY RUVII0 CLERK. OF COUR1 fIAMI—DADE COUNTY, FLORIDA AMENDED CORRECTIVE QUIT -CLAIM DEED THIS AMENDED CORRECTIVE CITY DEED is made as of the day of >;,/\D,, 2009 by the City of Miami, a municipal corporation of the State of Florida, Athose post office address is 444 S.W. 2nd Avenue, Miami, Florida 33130, (hereinafter called the "Grantor"), to Miami Dream Homes Investment Group, Inc., a Florida corporation, whose address is 220 N.W. I30tn Avenue, Miami, Florida 33182, (hereinafter called the "Grantee"). WITNESSETH: That the Grantor, for and in consideration of the sum of Ten Dollars (510.00) and good 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 Grantors right, title and interest in that certain land situated in Miami -Dade County; Florida, hereinafter referred to as the "Property", to wit: Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N.W. 15 Avenue, Miami, Florida. and Lot I5, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, page 62, of the Public Records of Dade_ County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida. Subject to: 1. Conditions, restrictions, easements, limitations and reservations of record, though 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; THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NOS. 5, 6 AND 7 STATED IN THAT CERTAIN CORRECTIVE QUIT CLAIM DEED DATED JULY 5, 2006, RECORDED SEPTEMBER 16, 2006, IN OFFICIAL RECORDS BOOK 24907, AT PAGE 3005, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. 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 title to the Property shall immediately and automatically revert to and vest in the Grantor in the event that (A) within six (6) months from the date of this Amended Corrective Quit -Claim Deed, or such later date as may be approved by the City Commission of the City of Miami, the Grantee has not (i) commenced construction, to the satisfaction of the Grantor in its sole judgment, of a fifteen (15) unit multi -family rental project on the parcel located at Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N.W. 15 Avenue, Miami, Florida, by June 30, 2010, or (ii) the construction of the fifteen (15) unit multi -family rental project has not been completed, as evidenced by the issuance of all required Certificates of Occupancy by June 30, 2011, or such later date as may be approved by the City Commission of the City of Miami, or (B) within six (6) months from the date of this Amended Corrective Quit -Claim Deed, or such later date as may be approved by the City Commission of the City of Miami, the Grantee has not completed construction, to the satisfaction of the Grantor in its sole judgment, of a seven (7) unit multi -family rental project on the parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida, or (C) on or before December 31, 2009, or such later date as may be approved by the City Commission of the City of Miami: (i) the construction of the seven (7) unit multi -family rental project has not been completed, as evidenced by the issuance of all required Certificates of Occupancy, or (ii) the Grantee has not conveyed to the Grantor by Special Warranty Deed the seven (7) unit multi -family rental project and the parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida. 6. (Deleted) 7. The Property is subject to all restrictions as stated in Resolution 05-035.7 adopted by the City Commission on May 26, 2005, Resolution 06-0329 adopted by the City Commission on May 25, 2006, Resolution No. 07- 0133 adopted by the City Commission on March 8, 2007, Resolution No. 08-0250 adopted by the City Commission on May 8, 2008, and Resolution No. 09-0174 adopted by the City Commission on April 2, 2009. 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: e ,„74J4r t' Approved as To Form And Correctness: Julie 0. Bru City Attorney STATE OF FLORIDA ) ) SS COUNTY OF DADE ) City of Miami, a municipal corporation of the State of Florida A st: iscilla City Clerk omp son The foregoing instrument was acknowledged before me this ��� day of ►-ACJI/ , 2009 by Ljrrq as City Manager of the City of Miami, a municipal corporation of the State of Flonda, who is personally known to me or who has produced as identification and who did/did not take an oath. Printed Name: Notary Public V artt�rG ura My Commission Expires: NOTARY PUBLIC -STATE OF FLORIDA " Sandra Rivera ' Commission # D D882279 Expires: APR. 20,2013 BONDED TWIT] ATLANTIC BONDING CO., INC The foregoing conveyance was approved pursuant to Resolution No, R-No. 09-0174 of the City Commission of the City of Miami, a municipal corporation of the State of Florida, passed and adopted on April. 2, 2009. A copy of Resolution No. R- No. 09-0174 adopted by the City Commission on April 2, 2009 is attached hereto as Exhibit "A". Exhibit A Resolution No. R-09-0174 of the City Commission of the City of Miami, passed and adopted on April 2, 1009. This Instrument Prepared By and Return To: ILENE TEMCHIN, ESQ, CITY OF MIAMI CITY ATTORNEY'S OFFICE 444 S.W.2N'AVENUE MIAMI, FLORIDA 33130-1910 l,. 1111111111111111111111 IIIII IIIII 11111III! Ills CORRECTIVE QUIT CLAIM DEED CF14 2006R0985331 OR Bk 24907 P95 3005 - 3023; (19p9s) RECORDED 09/14/2006 09:22:22 DEED DOC TAX 0.60 SURTAX 0.45 HARVEY RUVIN, CLERK OF COURT 1IAi1I-DADE COUNTYt FLORIDA This Corrective Quit -Claim Deed, is made as of this 5 day of July, 2006, by the City of Miami, a municipal corporation of the State of Florida, whose post office address is 444 S.W. 2a Avenue, Miami, Florida 33130, hereinafter called the "Grantor", to Miami. Dream Homes Investment Group, Inc., a Florida corporation, whose address is 220 N.W. 130th Avenue, Miami, Florida 33182, 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 situated in Miami -Dade County, Florida, hereinafter referred to as the "Property", to wit: Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N. W. 15 Avenue, Miami, Florida. and Lots 12 and 13, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1612 N.W. 60 Street, Miami, Florida. and Lot 24, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1543 N.W. 59 Street, Miami, Florida. and Lots 11, 12 and 13, Block 14, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1535 N.W. 58 Terrace, Miami, Florida. and THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NO. 5 AND 7 STATED IN THAT CERTAIN QUIT CLAIM DEED DATED SEPTEMBER 27, 2005, RECORDED SEPTEMBER 28, 2005, IN OFFICIAL RECORDS BOOK 23817, AT PAGE 3363, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. it:Document 43 137 Page I of 3 LSD �r LiSicY,.a t," Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida. and Lot 25, Block 9, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1477 N.W. 60 Street, Miami, Florida. 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 The title to the Property shall immediately and automatically revert to and vest in the Grantor in the event that: (A) within six (6) months from the date of this Corrective Quit Claim Deed, or such later date as may be approved by the City Commission of the City of Miami, the Grantee has not commenced construction, to the satisfaction of the Grantor in its sole judgment, of a minimum of nine (9) single-family homes, or a combination of nine (9) townhomes and condominiums (hereinafter referred to as the "Homes"), on the Property, or (B) within six (6) months from the date of this Corrective Quit Claim Deed, or such later date as may be approved by the City Commission of the City of Miami, the Grantee has not commenced construction, to the satisfaction of the Grantor in its sole judgment, of a seven (7) unit multi- family rental project on the parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida, or (C) on or before April 30, 2008, or such later date as may be approved by the City Commission of the City of Miami: (i) the construction of all of the Homes has not been completed, as evidenced by the issuance of Certificates of Occupancy, or (ii) all such single family Homes have not been sold to qualified Low Income homebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 CFR Part 92), or (iii) the construction of the seven (7) unit multi- family rental project has not been completed, as evidenced by the issuance of all required Certificates of Occupancy, or (iv) the Grantee has not conveyed to the Grantor by Special Warranty Deed the seven (7) unit multi- family rental project and /he parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida. 6. The sales price for each of the Homes shall not exceed $236,000.00 per unit. Page 2 of 3 it:Document 43137 7. The Property is subject to all restrictions as stated in Resolution 05-0357 adopted by the City Commission on May 26, 2005 and Resolution 06-0329 adopted by the City Commission on May 25, 2006. 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 ur pr CITY OF MIAMI, a municipal corporation of the State of Florida By nt Name: Ofe (t a 'Pe(e Z Pedro G. Hem City Manager Print Name: APPROVED AS TO FORM AND ATTEST: P SCILLA A. THOMPS City Clerk ACKNOWLEDGMENT STATE OF FLORIDA } )SS: COUNTY OF MIAMI-DADE si4et Before me, the undersigned authority, personally appeared G. , 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. y itness my hand and official seal in the County and State last aforesaid this a Q day of .>s, 2006. PRINTED, STAMPED OR TYPED NAME OF NOTARY PUBLIC My Commission Expires: it:Document 43137 SIGH ATURE OF NO`f'ARY PUBLIC ST TE OF FLORIDA Ofelia E. Perez Commission #DD221319 Expires: Jul 26, 2007 Bonded Thru Atlantic Bonding Co., Inc. Page 3 of 3 City of Miami Certified Copy City Hall' 3500 Pan American Drive Miami, FL 33133 wavw.ci.miami.fl.us File Number: 06-00819 Enactment Number: R-06-0329 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AMENDING RESOLUTION NO. 05-0357, ADOPTED MAY 26, 2005, BY AMENDING THE ATTACHMENT HERETO, TO REFLECT THAT THE PARCEL OF LAND CONVEYED TO MIAMI DREAM HOME INVESTMENT GROUP, INC., LOCATED AT 1525 NORTHWEST 60 STREET, MIAMI, FLORIDA, WILL BE DEVELOPED AS A NEW CONSTRUCTION MULTI -FAMILY RENTAL PROJECT CONSISTING OF SEVEN (7), UNITS FOR LOW INCOME PERSONS, AS SPECIFIED IN "ATTACHMENT A," ATTACHED AND INCORPORATED; FURTHER CLARIFYING THAT SAID PROPERTY WILL BE CONVEYED TO THE CITY OF MIAMI UPON ISSUANCE OF A CERTIFICATE OF OCCUPANCY FOR SAID PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENT(S), FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City Commission approved the conveyance of, with parcel reverter conditions, eleven parcels of City of Miami ("City") owned land directly to developers, for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, six (6) of the eleven parcels of City -owned land were conveyed to Miami Dream Home Investment Group, Inc.; and WHEREAS, the Administration is recommending that the parcel of land located at 1525 Northwest 60 Street, Miami, Florida, be developed as a new construction multi -family rental project consisting of seven (7) units for low income persons; and WHEREAS, said property will be conveyed to the City upon issuance of a certificate of occupancy for said project; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. Resolution No. 05-0357, adopted May 26, 2005, is amended by amending the attachment hereto, to reflect that the parcel of land conveyed to Miami Dream Home Investment Group, Inc., located at 1525 Northwest 60 Street, Miami, Florida, will be developed as a new construction multi -family rental project consisting of seven (7) units for low income persons, as specified in "Attachment A," attached and incorporated, and clarifying that said property will be conveyed to the City upon issuance of a certificate of occupancy for said project. Section 3. The City Manager is authorized(1) to execute the necessary document(s), for said purpose. City of Miami Page 1 af2 R-06-0329 File Number: 06-00819 Enactment Number: R-06-0329 Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} Date: MAY 25, 2006 Mover: COMMISSIONER SPENCE-JONES Seconder: COMMISSIONER SANCHEZ Vote: AYES: 5 - COMMISSIONER GONZALEZ, WINTON, SANCHEZ, REGALADO AND SPENCE-JONES Action: ADOPTED Date: Action: MAY 31, 2006 SIGNED BY THE MAYOR I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R-06-0329, with attachment, passed by the City Commission an 5/25/2006. 2.774 -3"-)"7June 22, 2006 City Clerk, Deputy Clerk (for P. A. Thomisdn, Date Certified City Clerk) {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} 1f the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 R-06-0329 ATTACHMENT 'A' PROPERTIES TO BE CONVEYED TO DEVELOPERS PARCELS/LOTS TO BE CONVEYED TO MIAMI DREAM HOME INVESTMENT GROUP, INC. ADDRESSES 1 parcel @ 6020 N.W. 1 parcel © 1812 NW. 1 parcel (4)1543 N.W. 1 parcel a 1535 N.W. 1 parcel @ 1525 N.W. 1 parcel © 1477.N.W. 15 Avenue (2 lots/homes) 60 Street (2 lots/homes) 59 Street (1 lot/home) 58 Terrace (3 lots/homes) 60 Street (4-Ioti4er tMulti- Family Rental Proiect 7 units for low income persons)" 60 Street (1 lot/home) Total 6 parcels containing 10 lots suitable for the construction of affordable housing " Prooerty_to be conveyed to the City of Miami Wort jssuance of a Certificate of Occupancy for said oroiect PARCELS TO BE CONVEYED TO PALMETTO HOMES OF MIAMI, INC. ADDRESSES 1 parcel (� 1575 N.W. 58 Street (1 lot/home) 1 Parcel© 1466 N.W. 61 Street (1 lot/home) 1 parcel { 1468 N.W. 61 Street (1 lot/home) 1 parcel © 1418 N.W. 60 Street (1 lot/home) 1 parcel @ 1288 N.W.55 Street (1 lot/home) Total 5 parcels containing 5 lots suitable for the construction of affordable housing '�' �c4c�SW�a City of Miami Certified Copy City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.0.us File Number: 05-00536 Enactment Number: R-05-0357 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO: (A) CONVEY, WITH PARCEL REVERTER PROVISIONS, ELEVEN (11) CITY OF MIAMI ("CITY") OWNED PARCELS OF LAND DIRECTLY TO THE DEVELOPERS, AS DESCRIBED IN "ATTACHMENT A," ATTACHED AND INCORPORATED ("DEVELOPERS"), FOR THE CONSTRUCTION OF AFFORDABLE HOUSING FOR ELIGIBLE LOW AND MODERATE INCOME PERSONS, (B) CONVEY CERTAIN CITY -OWNED PARCELS OF LAND DIRECTLY TO THE CITY DEPARTMENT OF OFF-STREET PARKING ("DOSP"), AS DESCRIBED IN "ATTACHMENT B," ATTACHED AND INCORPORATED, FOR THE CONSTRUCTION OF PARKING LOTS, CURRENTLY SUBJECT TO ASSIGNMENT TO THE MODEL CITY COMMUNITY REVITALIZATION DISTRICT TRUST ("TRUST"), PURSUANT TO THE INTERLOCAL COOPERATION AGREEMENT BETWEEN THE TRUST AND THE CITY DATED SEPTEMBER 25, 2003, AND (C) AMENDING THE INTERLOCAL COOPERATION AGREEMENT TO PROVIDE FOR THE DELETION OF SUCH PARCELS FROM EXHIBIT "A" OF SAID AGREEMENT TO REFLECT: (1) THE CONVEYANCE OF ELEVEN (11) PARCELS DIRECTLY TO THE DEVELOPERS, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING, (2) THE CONVEYANCE OF CERTAIN PARCELS DIRECTLY TO DOSP, FOR THE CONSTRUCTION OF PARKING LOTS, AND (3) THE CONVEYANCE OF FIVE (5) PARCELS TO PALMETTO HOMES OF MIAMI, INC., FOR THE CONSTRUCTION OF AFFORDABLE HOUSING, AS DESCRIBED IN "ATTACHMENT C," ATTACHED AND INCORPORATED, FOR THE CONSTRUCTION OF AFFORDABLE HOUSING, APPROVED BY THE CITY COMMISSION AT ITS APRIL 28, 2005, MEETING, SUBJECT TO THE TERMS AS STATED HEREIN; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 04-0374, adopted June 10, 2004, the City Commission adopted the City of Miami's ("City") Five Year Consolidated Plan re-establishing eight (8) Neighborhood Development Zones in the City; and WHEREAS, the City Commission identified the Model City Community Revitalization Zone ("Zone") as one of the areas to undergo comprehensive redevelopment; and WHEREAS, the City and the Model City Community Revitalization Trust ("Trust") entered into an interlocal cooperation agreement ("Agreement"), dated September 23, 2003, to set forth the cooperative relationship between the City and the Trust and the respective duties, obligations and procedures to be followed by the parties for planning and implementation of revitalization efforts for the redevelopment of the Zone and for the conveyance of certain City -owned parcels of land to the Trust; and WHEREAS, in order to expedite the redevelopment of the Zone, the Trust by Resolution, at its May City of Miami Page 1 of 3 R-0S-0357 File Number: 05-00536 Enactment Number: R-05-0357 16, 2005 meeting, authorized the City to convey certain parcels, currently subject to conveyance to the Trust pursuant to the Agreement directly to the Developers, as described in "Attachment A," attached hereto, for the construction of affordable housing and to the City Department of Off -Street Parking ("DOSP") and further amend the Agreement to provide for the deletion of such lots from Exhibit "A" of the Agreement and as otherwise required; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Manager is authorized{1} to: (a) convey, with parcel reverter provisions, eleven (11) parcels of City -owned land directly to the Developers, as described in "Attachment A," attached and incorporated, for the construction of affordable housing for eligible low and moderate income persons, (b) convey certain City -owned parcels of land directly to the DOSP, as described in "Attachment B," attached and incorporated, for the construction of parking Tots, currently subject to assignment to the Trust pursuant to the Agreement between the Trust and the City dated September 25, 2003, and (c) amending the Agreement to reflect: (1) the conveyance of eleven (11) parcels directly to the Developers for the construction of affordable housing, (2) the conveyance of certain parcels to DOSP for the construction of parking lots, and (3) the conveyance of five (5) parcels to Palmetto Homes of Miami, Inc., as described in "Attachment C," attached and incorporated, for the construction of affordable housing approved by the City Commission at its April 28, 2005 meeting, subject to the following terms: (1) the terms of the conveyances to the Developers will be subject to the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. 1701u (Section 3), (2) the Developers will work with the President/CEO of the Trust to identify qualified local members of the Zone, particularly residents of the 33142 zip code, to work on the construction of the homes on a priority basis, (3) the first priority homebuyers for the proposed homes will be individuals and families displaced from the City's Miami Limited Buildings, and (4) the sales price of the homes must comply with the affordable housing sales price approved by the City Commission. Section 3. The City Manager is further authorized(1) to execute the necessary documents, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Date: MAY 26.2005 Mover: COMMISSIONER ALLEN Seconder: COMMISSIONER WINTON Vote: AYES: 5 - COMMISSIONER GONZALEZ, WINTON, SANCHEZ, REGALADO AND ALLEN Action:. ADOPTED City of Miami Page 2 of 3 R-05-0337. File Number: 05-00536 Enactment Number: R-05-0357 Date: Action: JUNE 1. 2005 SIGNED BY THE MAYOR I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R-05-0357, with attachments, passed by the City Commission on 5/26/2005. June 22, 2006 City Clerk, Deputy Clerk (for P. A. Th son, Date Certified City Clerk) • {1 } The herein authorization is further subject to compliance with all requirements that may be imposec City Attomey, including but not limited to those prescribed by applicable City Charter and Code provisio (2) If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calend; from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become e immediately upon override of the veto by the City Commission. City of Miami Page 3 of 3 R-O5-0337 ATTACHMENT "A" PROPER 11hS TO BE CONVEYED TO DEVELOPERS PARCELS/LOTS TO BE CONVEYED TO MIAMI DREAM HOME INVESTMENT GROUP, INC ADDRESSES 1 parcel @ 6020 N.W: 15 Avenue (2 lots/homes) 1 parcel © 1612 N.W. 60 Street (2 lots/homes) 1 parcel @ 1543 N.W. 59 Street (1 lot/home) 1 parcel @ 1535 N.W. 58 Terrace (3 lots/homes) 1 parcel © 1525 N.W. 60 Street (1 lot/home) 1 parcel © 1477 N.W. 60 Street (1 lot/home) Total 6 parcels containing 10 lots suitable for the construction of affordable housing PARCELS TO BE CONVEYED TO PALMETTO HOMES OF MIAMI, INC. ADDRESSES 1 parcel @ 1575 N.W. 58 Street (1 lot/home) 1 parcel @ 1466 N.W. 61 Street (1 lot/home) 1 parcel @ 1468 N,W. 61 Street (1 lot/home) 1 parcel @ 1418 N.W. 60 Street (1 lot/home) 1 parcel @ 1288 N.W.55 Street (1 lot/home) Total 5 parcels containing 5 lots suitable for the construction of affordable housing ATTACHMENT"B" Parcels to be conveyed to the City of Miami Department of Off -Street Parking for the construction of parking lots Addresses 5575 N.W. 17 Avenue 5601 N.W. 17 Avenue 5901-5923 N.W. 17 Avenue 1630 N.W. 58 Terrace 1620-24 N.W. 58th Street THE ADDRESSES ABOVE WILL BE TO YIELD A TOTAL OF 100+ PUBLIC PARKING SPACES ATTACHMENT "C" Parcels previously approved by the City to be conveyed to Palmetto Homes of Miami, Inc. for the construction of affordable housing 5812 N.W, 15 Avenue (1 lot/home) 1513 N.W. 58 Street (1 lot/home) 1527 N.W. 58 Street (3 lots/homes) 1611 N.W. 58 Street (1 lot/home) 1615 N.W. 58 Street (1 lot/home) 1621 N.W. 58 Street (1 lot/home) RESOLUTION NO. 06-0013 A RESOLUTION OF THE MODEL CITY COMMUNITY REVITALIZATION DISTRICT TRUST, WITH ATTACHMENT(S), AMENDING RESOLUTION NO. 05-019R ADOPTED JUNE 20, 2005 BY AMENDING THE ATTACHMENT HERETO, TO REFLECT THAT THE PARCEL OF LAND CONVEYED BY THE CITY OF MIAMI TO MIAMI DREAM HOMES INVESTMENT GROUP, INC., LOCATED AT 1525 NORTHWEST 60 S I'ItEET, MIAMI, FLORIDA, WILL BE DEVELOPED AS A NEW CONSTRUCTION MULTI -FAMILY RENTAL PROJECT CONSISTING OF SEVEN (7), UNITS FOR LOW INCOME PERSONS, AS SPECIFIED IN "ATTACHMENT A", AI-1 ACHED AND INCORPORATED. ,/ DAVIT CHIVERTON CHAIRPERSON Approved by the Board of Directors of .the Model City Community Revitalization District Trust at its emergency meeting of July 12, 2006. STATE OF FLORIDA COUNTY OF MIAMI-DADE PRESIDENT/ CEO ) Subscribed and sworn to before me by ELAINE H. BLACK, President/Chief Executive Officer, as the official recordkeeper for the Model City Trust, who is personally known to me or who produced as identification, on the 0f S day of July, 2006. r ublic rrs: e.6 i si ,t MY COMMISSION # or) 208299 EXPIRES: July 11, 2X7 Bonded IMINGSal wb6c UMefwr" State y of Florida ATTACHMENT "A" PROPERTIES TO BE CONVEYED TO DEVELOPERS PARCELS/LOTS TO BE CONVEYED TO MIAMI DREAM HOME INVESTMENT GROUP, INC ADDRESSES 1 parcel @ 6020 N.W. 1 parcel @ 1612 N.W. 1 parcel @ 1543 N.W. 1 parcel @ 1535 N.W. 1 parcel @ 1525 N.W. Family Rental Project: persons) 1 parcel @ 1477 N.W. 15 Avenue (2 lots/homes) 60 Street (2 lots/homes) 59 Street (1 lot/home) 58 Terrace (3 lots/homes) 60 Street (1 lot/home) (Multi- 7 units for low income 60 Street (1 lot/home) Total 6 parcels containing 10 lots suitable for the construction of affordable housing RESOLUTION NO. ©J' D/1/` A RESOLUTION OF THE MODEL CITY CONLMUNITY REVITALIZATION DISTRICT TRUST ("TRUST") AUTHORIZING THE CITY OF MIAMI ("CITY") TO (A) CONVEY, WITH PARCEL REVERTER PROVISIONS, EIGHTEEN (18) CITY OF MIAMI-OWNED PARCELS OF LAND DIRECTLY TO DEVELOPERS ("DEVELOPERS"), DESCRIBED IN "ATTACHMENT A", ATTACHED AND INCORPORATED, FOR THE CONSTRUCTION OF AFFORDABLE HOUSING FOR ELIGIBLE LOW AND MODERATE INCOME PERSONS, (B) CONVEY CERTAIN FIVE (5) CITY OF MIAMI-OWNED PARCELS OF LAND DIRECTLY TO THE CITY OF MIAMI DEPARTMENT OF OFF-STREET PARKING, DESCRIBED IN "ATTACHMENT B", ATTACHED AND INCORPORATED, FOR THE CONSTRUCTION OF PARKING LOTS, CURRENTLY SUBJECT TO ASSIGNMENT TO THE TRUST PURSUANT TO THE INTERLOCAL COOPERATION AGREEMENT BETWEEN THE TRUST AND THE CITY OF MIAMI DATED SEPTEMBER 25, 2003, AND (C) AMENDING THE 1NTERLOCAL COOPERATION AGREEMENT TO PROVIDE FOR THE DELETION OF SUCH PARCELS FROM EXHIBIT "A" OF THE AGREEMENT TO REFLECT (1) THE CONVEYANCE OF EIGHTEEN (18) PARCELS DIRECTLY TO DEVELOPERS FOR THE CONSTRUCTION OF AFFORDABLE HOUSING, (2) THE CONVEYANCE OF FIVE (5) PARCELS DIRECTLY TO OFF-STREET PARKING FOR THE CONSTRUCTION OF PARKING LOTS. WHEREAS, the City and the Trust entered into an interlocal cooperation agreement ("Agreement"), dated September 23, 2003, to set forth the cooperative relationship between the City and the Trust, and the respective duties, obligations and procedures to be followed by the parties for planning and implementation of revitalization efforts for the redevelopment of the Model City area and for the conveyance of certain City -owned parcels of land to the Trust; and WHEREAS, in order to expedite the redevelopment of the Model City area, the City is seeking authority to convey certain City of Miami -owned parcels of land directly to developers for the construction of affordable housing and to the City of Miami Department of Off -Street Parking for the construction of parking lots, currently subject to assignment to the Trust pursuant to the Agreement, and to amend the Agreement to provide for the deletion of such lots from Exhibit "A" of the Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION: Section 1: The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2: The Trust authorizes the City to (a) c onvey, with parcel reverter provisions, eighteen (18) parcels of City of Miami -owned land directly t o Developers, described in "Attachment A", attached and incorporated, for the construction of affordable housing for eligible low and moderate income persons, (b) convey five (5) City of Miami -owned parcels of land directly to the City of Miami Department of Off - Street Parking, described in "Attachment B", attached and incorporated, for the construction of parking lots, currently subject to assignment to the Model City Trust pursuant to the Agreement between the Trust and the City dated September 25, 2003, and (c) amending the Agreement to reflect (1) the conveyance of eighteen (18) parcels directly to Developers for the construction of affordable housing, and (2) the conveyance of five (5) parcels to the City of Miami Department of Off -Street Parking for the construction of parking lots. DAVfCHIVERTON CHAIRPERSON Approved by the Board of Directors of the Model City Community Revitalization District Trust at its meeting of June 20, 2005. PRESIDENT/CEO STATE OF FLORIDA ) COUNTY OF MIAMI-DADE ) Subscribed and sworn before me by JEFFERY WHITAKER, President/Chief Executive Officer, as the official record keeper for the Model City Trust, who produced as identification, on the T st, who produced , on the o�q day of , 2006. NO RY PUBLIC, STATE OF FLORIDA My commission expires: ATTACHMENT "A" PROPERTIES TO BE CONVEYED TO DEVELOPERS PARCELS/LOTS TO BE CONVEYED TO MIAMI DREAM HOME INVESTMENT GROUP, INC ADDRESSES 1 parcel @ 6020 N.W. 15 Avenue (2 lots/homes) 1 parcel @ 1612 N.W. 60 Street (2 lots/homes) 1 parcel @ 1543 N.W. 59 Street (1 lot/home) 1 parcel @ 1535 N.W. 58 Terrace (31ots/homes) 1 parcel @ 1525 N.W. 60 Street (1 lot/home) 1 parcel @ 1477 N.W. 60 Street (1 lot/home) Total 6 parcels containing 10 lots suitable for the construction of affordable housing PARCELS TO BE CONVEYED TO RERG DEVELOPMENT, LLC ADDRESSES 1 parcel @ 1290 N.W. 59 Street (1 lot/home) 1 parcel @ 1288 N.W. 58 Terrace (1 lot/home) 1 parcel @ 1283 N.W. 58 Terrace (1 lot/home) 1 parcel @ 1280 N.W. 59 Street (1 lot/home) 1 parcel © 1275 N.W. 58 Street (1 lot/home) 1 parcel @ 1240 N.W. 59 Street (4 lots/homes) 1 parcel © 1241 N.W. 58 Terrace (1 lot/home) Total 7 parcels containing 10 lots suitable for the construction of affordable housing PARCELS TO BE CONVEYED TO PALMETTO HOMES OF MIAMI, INC. ADDRESSES 1 parcel @ 1575 N.W. 58 Street (1 lot/home) 1 parcel @ 1466 N.W. 61 Street (1 lot/home) 1 parcel @ 1468 N.W. 61 Street (1 lot/home) 1 parcel @ 1418 N.W. 60 Street (1 lot/home) 1 parcel @ 1288 N.W.55 Street (1 lot/home) Total 5 parcels containing 5 lots suitable for the construction of affordable housing OR BK 24907 PG 302S LAST PAGE ATTACHMENT "B" Parcels to be conveyed to the City of Miami Department of Off -Street Parking for the construction of parking Tots Addresses 5575 N.W. 17 Avenue 5601 N.W. 17 Avenue 5901-5923 N.W. 17 Avenue 1630 N.W. 58 Terrace 1620-24 N.W. 58th Street THE ADDRESSES ABOVE WILL BE TO YIELD A TOTAL OF 100+ PUBLIC PARKING SPACES ia; ument Prepared By Return To: .11U R. MENENDEZ, ESQ. r ",' er MIAMI '.'r n ORNEY'S OFFICE 4 .ry 3NN° AVENUE •ahlvil, FLORIDA 33130.19] U ,1(1111111111111111 Itin 11111 IItJf ii OR S.k • 23817 Fes 3363 - 2,651 RECORDED 09/28/20t5 11:15:2 DEED DOC TAX 0.60 SURTI;:t 1).4.5 HARVEY Rt3VIH, CLERK OF COUR I11ArlI-DADE I:OtJhll r r FLORIDA' This Quit -Claim Deed, is made this day of September 2005, by the City of Miami, a municipal corporation of the State of Florida, whose post office address is 444 S.W.'2"° Avenue, Miami, Florida 33130, hereinafter called the `Grantor", to Miami Dream Homes Investment Group, Inc.; a Florida corporation, whose address 220 N.W. 130`h Avenue, Miami, Florida 33182, hereinafter called the Grantee". Witnesseth: That the Grantor, for and in consideration of the sum of Ten Dollars (510.00) and other gaivable consideration, the receipt of which is hereby acknowledged, does hereby remise, release, convey <.nd 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 19 and 20, Block 12, of ORANGE }EIGHTS, according to the Plat thereof, as recorded in Plat Book '14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N.W. 15 Avenue, Miami, Florida. and Lots 12 and 13, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, .Page 62, of the Public Records of Dad.e County, Florida, a.k.a. 1612 N.W. 60 Street, Miami, Florida. and Lot 24, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1543 N.W. 59 Street, Miami, Florida. and . Lots 1), 12 and 13, Block 14, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade. County, Florida, a.k.a. 1535 N.W. 58 Terrace, Miami, Florida. and Lot 15., Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, 'Page 62, of the Public Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida. and Lot 25, Block 9, of ORANGE HEIGHTS, according to the Plat thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade County, Florida, a.k.a. 1477 N W. 60 Street, Miami, Florida. • 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; Taxes and assessments for the current year and all subsequent years; 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 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 a minimum of (10) ten single-family homes or a combination of (10) ten townhomes and condominiums, hereinafter referred to as the "Homes", on the Property within twelve (12) months from the date hereof, and/or (2) the construction of the Homes has not been completed, as evidenced by the issuance of Certificates of Occupancy, and all such single family homes have not been sold to qualified Low Income homebuyers (as defined in the HOME Investment Partnerships Program Regulations, 24 C.P.R. Part 92) by April 30, 2008, or such later date as may be approved by the City Commission of the City of Miami. 6. The sales price of the Homes shall not exceed S236,000.00 per unit. 7. The Property is subject to ail restrictions as stated in Resolution 05-0357 adopted by the City Commission on May 26, 2005. 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 our presence: Print Name: Print Name: APPROVED AS TO. FORM AND OPR ORRNANDEZ Kg 4 City Attorney •"I'A T E OF FLORIDA )5S: 'AUNTY OF MIAMI-DADE ) CITY OF MLAMI, a municipal corporation of the State of Florida !n A By 0 Ci ATTEST: P.RISfi1 L•tA'A. T7, City Clerk' ACKNOWLEDGMENT 1'. 2L;81. 7 F.G 33 L_ t PAGE Before me, the undersigned authority, personally appeared Toe Arriola, 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. Witness my hand and offcial seal in the County and State las' esaid this Qr.) day of September, 2005. PRJNTED, STAMPED OR TYPED SItNATURE 0 "OT.A'' PUBLIC NAME OF NOTARY PUBLIC S ATE OF FLORIDA My CO ission Expires: KRM — Miami Dream Homes Ofelia E• Perez , �ti P�; Commission #DD221319 r�� <=Expires: Jul 26, 2907 Bonded Thry v�oi Fo Atlantic 3ondineGo..Inc. �� Dr,p� w�'xis'? v of the ddy c 5 u'nY:�: ry•J.gj1c (.7 .'� 11S yam"