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HomeMy WebLinkAbout04-01264 Supporting documentationINIIIIIIf IIII IEMlllIN This Instrument Prepared By: Suzanne P. Viana, Esti. Holland & Knight LLP 701 Brickell Avenue, Suite 3000 Miami, Florida 33131 Folio Number: 01-0102-070-1020 CFht 2003R04-01033 OR 8k 21342 Pss 1739 - 1741; t3ass3 RECORDED 06/18f2003 15:5?:45 DEED DOC TAX 312.00 SURTAX 234.00 HARVEY RUVIN, CLERK OF COURT I1IAMI-DADE COUHTYr FLORIDA QUIT -CLAIM DEED THIS QUIT -CLAIM DEED, executed as of the '614 day of June, 2003, by SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, a body corporate and politic of the State of Florida, whose address is 300 South Biscayne Boulevard Way, Suite 432, Miami, Florida 33132 (the "Grantor"), in favor of J.E.J. PROPERTIES, INC., a Florida corporation, whose address is 950 N.W. 3rd Avenue, Miami, Florida 33136-3306 (the "Grantee"). WITNESSETH, that the Grantor, for and in consideration of the sum of Ten Dollars ($10.00), in hand paid by Grantees, the receipt of which is hereby acknowledged, does hereby remise, release and quit -claim unto the Grantees forever, all of the right, title, interest, claim and demand which the Grantor has in and to the following described lot, piece or parcel of land, situate, lying and being in the County of Miami -Dade, State of Florida, to wit: SEE ATTACHED EXHIBIT "A" (the 'Property") TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appertaining, and all the estate, right, title, interest, lien, equity and claim whatsoever of Grantor, either in law or equity, to the only proper use, benefit and behoof of Grantees forever. SUBJECT TO: Taxes for the year 2003 and subsequent years, zoning, restrictions, prohibitions, and other requirements imposed by governmental authorities including but not limited to, public utility easements and all matters appearing in the public records. SUBJECT TO THE FOLLOWING RESTRICTIVE COVENANTS WHICH THE GRANTOR HEREBY IMPOSES ON THE PROPERTY WHICH SHALL RUN WITH THE LAND AND WHICH SHALL BE BINDING ON THE GRANTEE, ITS SUCCESSORS, HEIRS AND ASSIGNS: 1. For a period of ten (10) years from the date hereof, the Property must be used solely I as a parking lot) In the event that this covenant is violated, Grantor or the City of Miami may pursue all reme lot) available at law or in equity to enforce this restriction, including, without limitation, injunctive relief. 2. If the Property is conveyed to an "exempt entity" or is utilized for an "exempt purpose" as such terms are used or defined under Chapter 196 Florida Statutes (2002), the owner of the Property shall pay to the Grantor each year a payment in lieu of taxes (hereinafter "PILOT"). The yearly PILOT shall be an amount equal to the sales price of $52,000.00, adjusted annually to reflect increases in the Consumer Price Index ("CPI"), times the City of Miami's then current millage rate. CPI shall mean the U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index, U.S. City Average (all urban items) 1982 = 100. In the event that the Grantor is no longer in existence, the PILOT shall be paid to the City of Miami and shall be amount equal to the taxes the City of Miami would have received had the property not been exempt from taxation. IN WITNESS WHEREOF, Grantor has signed and sealed these presents the day and year first above written. Signed, sealed and Delivered in the Presence of: Print Name: 4? ,? ' ,Gn•.t Print Name: /-,vp,[ } - i f� STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE ) SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, a body corporate and politic of the State of Florida By: Name: Frank Rollason Title: Executive Director APPROVED AS TO FORM AND CORRECTNESS: Holland & Knight LLP CRA Special Counsel The foregoing instrument was acknowledged before me, this j-2 day of June, 2003, by Frank Rollason, Executive Director of SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, a body corporate and politic of the State of Florida, on behalf of the • agency. He is personally known to me or has produced as identification and did not take an oath. /1Peke. E. MAfiTINEZ Virig MY COMMISSION / DD 128222 ?p� te' EXPIRES: August 19, 2006 t. 000-NOTARY Ft Nosy y Sc,arwi Bonding. inc. My commission expires: Holland+Knight HAND DELIVERY AND CERTIFIED MAIL RETURN RECEIPT REQUESTED October 26, 2004 Ms. Shirlene Ingraham, President J.E.J. Properties, Inc. 950 Northwest 3r Avenue Miami, Florida 33136 Tel 305 374 8500 Fax 305 789 7799 Holland & Knight LLP 701 Brickell Avenue. Suite 3000 Miami. FL 33131 www.hklaw.corn WIL LIAM R. BLOOM 305-789-7712 william.bloom5 klaw.com Re: Southeast Overtown/Park West Community Redevelopment Agency sale to J.E.J. Properties, Inc. Dear Ms. Ingraham: It has come to our attention that Clear Channel is currently in a process of erecting a huge billboard on the property that you acquired from the Southeast Overtown/Park West Community Redevelopment Agency on June 16, 2003. The Quit Claim Deed from the Southeast Overtown/Park West Community Redevelopment Agency to J.E.J. Properties, Inc. provides that "for a period of ten (10) years from the date hereof (Le., June 16, 2003) the property must be used solely for a parking lot" (emphasis added) (the "Deed Restrictions"). The Deed further states that in the event the covenant is violated, the Southeast Overtown/Park West Community Redevelopment Agency may pursue all remedies available at law or in equity to enforce this restriction, including, without limitation, injunctive relief. The erection of the billboard constitutes a violation of the Deed Restriction and constitutes a default under the Mortgage in favor of the Southeast Overtown/Park West Community Redevelopment Agency recorded in Official Records Book 21342 at Page 1742 (the "Mortgage"). If erection of the billboard, is not ceased immediately and the existing structure removed, the Southeast Overtown/Park West Community Redevelopment Agency will have no Annapolis • Attanta • Bethesda • Boston • Bradenton • Chicago • Fort Lauderdale • Jacksonville • Lakeland • Los Angeles Miami • New York • Northern Virginia • 0rtando • Portland • Providence • Rancho Santa Fe • St. Petersburg • San Antonio San Francisco • Seattle • Tallahassee • Tampa • Washington, O.C. • West Palm Beach Beijing • Caracas` • Helsinki* • Mexico City • Rio de Janeiro • Sao Paulo • Tel Aviv' • Tokyo • *Representative Office Ms. Shirlene Ingraham, President J.E.J. Properties, Inc. October 26, 2004 Page 2 alternative but to immediately pursue all remedies available in law and equity to cause the billboard to be removed, including foreclosure of the Mortgage. Please contact me immediately to discuss this situation. Very truly yours, HOLLAND & KNIGHT LLP MG�%Cias.ti. Ageole William R. Bloom WRB:ljn # 2352644_v1