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Home My WebLink About23016AGREEMENT INFORMATION AGREEMENT NUMBER 23016 NAME/TYPE OF AGREEMENT ATLANTIC PACIFIC COMMUNI.TES,LLC DESCRIPTION EXTENSION OF PURCHASE AND SALE AGREEMENT/ RESIDENCES AT DR. KING BLVD / DECEMBER 31,2019 THROUGH JUNE 30,2020 / MATTER ID:19-2952 / #136 EFFECTIVE DATE February 14, 2020 ATTESTED BY TODD B. HANNON ATTESTED DATE.. 2/14/2020 DATE RECEIVED FROM ISSUING DEPT. 2/20/2020 NOTE ;1_ 30/6 AMENDMENT NO. 3 TO AGREEMENT FOR PURCHASE AND SALE THIS AMENDMENT NO. 3 ("Amendment") is made and entered into this I Li day of 20Zy and between Atlantic Pacific Communities, LLC, a Delaware Limited Liability Company (the "Purchaser"), and the City of Miami, a municipal corporation of the State of Florida (the "Seller") (Purchaser and Seller hereinafter collectively the "Parties"). RECITALS WHEREAS, Purchaser and Seller entered into that certain Agreement for Purchase and Sale with an Effective Date of December 14, 2017, as amended by "Amendment No. 1 to Agreement for Purchase and Sale" that was executed on April 25, 2019 and as amended by "Amendment No. 2 to Agreement for Purchase and Sale" that was executed on July 29, 2019 (the "Agreement"), for the real property legally described in Exhibit "A," attached hereto and incorporated herein; and WHEREAS, the Parties hereto desire to amend certain terms of the Agreement; and WHEREAS, such changes shall take precedence over and supersede any provisions to the contrary contained in the Agreement; NOW THEREFORE, it is agreed as follows: 1. The ninth section of the Agreement, entitled "CLOSING DATE," is amended to read as follows: Closing shall take place by June 30, 2020, at a mutually agreeable time (the "Closing") at the offices of the Title Company or its agent. The parties may, subject to mutual agreement, establish an earlier date for Closing. Purchaser may request to extend Closing to a later date, but such extension is conditioned upon the expressed written consent from Seller. The parties agree that Purchaser will be applying for construction financing from a one or more public or private lenders (the "Financing"). Purchaser's right and obligation to acquire the Property hereunder is subject to it successfully obtaining such Financing. At such time as Purchaser obtains the same it will notify the Seller of its intention to acquire the Property, provided, however, that the Closing of the sale of the Property shall take place no later than the Closing Date, as set forth above. 1 IN WITNESS WHEREOF, the Parties hereto have duly executed this Third Amendment, as of the day and year first above written. ATTEST: Todd B. Hannon, ity Clerk D to APPROVED CORREC Victo.. M='dez City A orney FORM AND STATE OF FLORIDA COUNTY OF MIAMI-DADE "SELLER" CITY OF MIAMI, a municipal corporation of the State of Florida By: Emili • . Gonzalez, City Manager The foregoing instrument was acknowledged before me by means of O physical presence or 0 online notarization, this ) c' day of 'by Emilio T. Gonzalez, as City Manager for the City of Miami, a municipal corporation f the State of Florida, on behalf of the municipal corporation. He/she is personally known to me or has produced „ as identification. (NOTARY PUBLIC SEAL) Elga Patricia Rueda 4, NOTARY PUBLIC STATE OF FLORIDA Comm# GG282985 Expires 12/10/2022 2 Notafv Public (Printed, Typed or Stamped Name of Notary Public) Title or Rank: Commission No.: My Commission Expires: "PURCHASER" • ATLANTIC PACIFIC COMMUNITIES, LLC, a Delaware Limited Liability Company By: Howard D. Cohen, CEO Date: /A/G' i9 .41 gle00 Witnes Li Oa 'r At Aoli Print Name hoorf Witness Mici+At l .b. %I ft 40 Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE The foregoing instrument was acknowledged before me this f � day of ke&modedt, 2019, by J'f'pl.,1>tiC0 ,�, co#601 , who is Kersonally known to me or [ ] who produced the following identification: (NOTARY PUBLIC SEAL) �araoB••. S I LVIA A CAMPOS Notary Public - State of Florida Commission It GG 234701 oe F4,. My Comm. Expires Jul 4, 2022 Bonded through National Notary Assn. 3 Notary Public (Printed, Typed or Stamped Name of Notary Public) Commission No.: My Commission Expires: i' 4. 2Z Exhibit "A" Parcel I : 6240 NW 15 AVE Property Folio No. 01-3114-027-1290 Legal Description: LOT 15, BLOCK 6, OF EAST LIBERTY CITY SECTION A, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 39, PAGE 19 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. Parcel II: 1501 NW 62 ST Property Folio No. 01-3114-027-1250 Legal Description: LOTS 11, 12, 13, AND 14, OF BLOCK 6, OF EAST LIBERTY CITY SECTION A, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 39, AT PAGE 19, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. Parcel III: 1515 NW 62 ST Property Folio No: 01-3114-027-1240 Legal Description: LOT 9, IN BLOCK 6, OF EAST LIBERTY CITY, SECTION A, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 39, AT PAGE 19, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, A/K/A 1515 N.W. 62ND ST., MIAMI, FLORIDA. Parcel IV: 1525 NW 62 ST Property Folio No. 01-3114-027-1230 Legal Description: LOT 8, BLOCK 6, OF EAST LIBERTY CITY SECTION A, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 39, AT PAGE 19, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. Parcel V: 1535 NW 62 ST Property Folio No: 01-3114-027-1220 Legal Description: LOT 7, BLOCK 6, OF EAST LIBERTY CITY SECTION A, ACCORDING TO THE PLAT THEREOF, AS RECORDED 1N PLAT BOOK 39, 4 AT PAGE 19, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. Parcel VI: 1551 NW 62 ST Property Folio No.: 01-3114-027-1210 Legal Description: LOT 6, BLOCK 6, OF EAST LIBERTY CITY SECTION A, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 39, AT PAGE 19, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. Parcel VII: 1560 NW 62 ST Property Folio No.: 01-3114-035-2000 Legal Description: LOTS 19 AND 20, IN BLOCK 11, ORANGE HEIGHTS, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 14, PAGE 62, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, LESS THE NORTH 30 FEET Parcel VIII: 1520 NW 62 ST Property Folio No; 01-3114-035-2020 Legal Description: LOTS 21 THROUGH 25 AND THE WEST 16 FEET OF LOT 26, LESS THE NORTH 30 FEET OF ALL LOTS IN BLOCK 11, OF ORANGE HEIGHTS, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 14, AT PAGE 62, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. Parcel IX: 1500 NW 62 ST Property Folio: 01-3114-035-2030 Legal Description: LOTS 27 AND 28 AND THE EAST 9 FEET OF LOT 26, LESS THE NORTH 30 FEET OF ALL LOTS, IN BLOCK 11 OF ORANGE HEIGHTS, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 14, PAGE 62 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, LESS THAT PORTION OF SAID LOT 28 WHICH LIES WITHIN THE EXTERNAL AREA FORMED BY A 25.00 FOOT RADIUS ARC CONCAVE TO THE SOUTHWEST, TANGENT TO THE EAST LINE OF LOT ire 28, AND TANGENT TO THE SOUTH LINE OF THE NORTH 30.00 FEET OF SAID BLOCK 11.