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06-07-05 Item 9I PASSED AND ADOPTED this day of June, 2005. 2 3 4 ATTEST: APPROVED: 5 6 7 CITY CLERK MAYOR 8 9 10 l" Reading 11 2nd Reading 12 13 COMMISSION VOTE: 14 READ AND APPROVED AS TO FORM: Mayor Russell: 15 Vice Mayor Palmer: 16 Commissioner Eirts- Cooper; 17 CITY ATTORNEY Commissioner Sherar: 18 Commissioner Wiscombe: 19 20 C:\My DocumentskWord Documents \ordinanceYMCAPurchase,doc D O O Nm6>.O ON vow m m o ��am T<m ° y ?� m r O �d���'p'j w.1 Nmp Oydg N ?X (ice w-�fO F.Dmp KO CO -.. UF Er m m N: O J m w m O m S N. S X m (J! m O w �. y W m T T w m .. v ma"o.O. d. >>.R m =per y �Z 2 <'S m.m 3 vmmm m O� o g w Dmm Q DD 3ro� D w a m m o sa » 30303 muci_m am y Z 3 m af000: m m Soar }. o' m3�w m .gym mm 05, 151 d0 mn w m V N oov mum,m�,. "ao �'�, °oQ °na m c�ma�Ow-�ymww me � " mmF �.o.� �, O•fix =m.`� =. °cycny -�y.3 m� m�mx3.�� - �'in n qi IF 31 oam »a -� m-� Imam mm 8.�. u. Oo»vTBmp1 �= H �Om �' m d 'm In 33�Wm3�wmavmaW m3p�Nman(J� $ o a0 0m.:.mm2m 3. 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ALL Interested invited e e . e to�The Herald City Clerk cz11 ter 7� 1714 SW 57 Avenue, Miami, FL 33155 appeal any decision made by this Board, Agency or Commission with respect to any matter considered at Its meeting or hearing, he or Will need a record of the proceedings, and that for Tel: (786) 388 -9898 Toll Free 1- 866 -388 -8854 Fak: (786) 388 -9811 such purpose, affected person may need to ensure that a verbatim record of the proceedings Is made Email: dreammakersmori CjObellsoutil.net which record Includes the testimony and evidence upon which the appeal is to be based. �' O�r VI�I� �i�ra��lsul�s�r� ttdnszcogn .111111111C.. SPECIAL - ITH MIGHT FREE . MINAIN, MEN 161A, DUMP, 1011121 PRIPARAIRM-1,90.9115 June 05, 12, 19 and 28 Departures Miami Air 605 -7a.m. - 9:25 a.m. Miami Air 606 -11 a.m. -1:25 p.m. PART, +, ��L�C�SS ®��ZS CHILDREN STAY FREE 11i!�,M.V) iTropical Princess * * ** SHIUBLIK DOUBLE TREPL6 Jan �6RRRL® 12.261 ROH $829 $625 $589 $589 $359 *C'aribe Club Priestess. *sr * *avP, ' S16@IRL6 21 ®eR ® &�ffi TPRP@.R6 ,OP9F@ ®.. CRRLD 12.121 ROH $859 $655. $625 $615 $359 tPunta Cana Princess * * ** 81MIELM RB ®2r ®LR. TREE-166 C C2IE16IID 12.121 LJRSUITE $919 $719 $685 $669 $359 am(nlcan Departure Taxes DT Included: surance available and higghhllg recomended. Subject m avaliabaitg• Prices subject to change. sue° :�4 Isl it aEmwd COURTESY TIC CITY F SOUTH I I, FLORIDA On Tuesday, June 7 2005, beginning at 7:30 p.m., in the City Commission Chambers, 6130 Sunset Drive, the City Commission will hold Public Hearings to consider the following Items: AN ORDINANCE AUTHORIZING THE PURCHASE OF THE PROPERTY LOCATED AT,4300 SW 58TH AVENUE CONSISTING OF A RECREATION CENTER AND ADMINISTRATIVE OFFICE BUILDING, BASKETBALL COURTS, A RACQUETBALL COURT, SWIMMING POOL, AND 'APPROXIMATELY 7 ACRES OF OPEN FIELD SPACE, WITH DEPT SERVICE CHARGED TO THE NON- DEPARTMENTAL DEBT SERVICE —YMCA ACCOUNT CODE 001.2100.519.9927, AUTHORIZING THE CITY TO ACCEPT THE DEED TO THE PROPERTY UPON CLOSING AND REQUESTING TAX EXEMPTION OF THE PROPERTY AN. ORDINANCE APPROVING A LEASE AGREEMENT BETWEEN THE CITY AND THE YMCA OF GREATER MIAMI, INC., FOR THE LEASE BY THE YMCA OF THE RECREATIONAL FACILITIES LOCATED AT 4300 SW 58TH AVENUE. AN ORDINANCE Al IENDING THE CITY OF SOUTH MIAMI CODE OF ORDINANCES, BY REVISING CHAPTER 11 (GARBAGE.& TRASH), SECTION 11 -21 (8) ENTITLED "EXTENT OF SERVICE AND POINTS OF COLLECTION - DOMESTIC TRAH" IN ORDER TO ALLOW THE PLACEMENT OF LAWN AND YARD CLIPPINGS AT THE CURB FOR COLLECTION MORE THAN TWENTY- FOUR (24) HOURS PRIOR TO THE SCHEDULED PICKUP DAY AN`ORDINANCE AMENDING THE SOUTH MIAMI LAND DEVELOPMENT CODE IN ORDER TO PROVIDE FOR STAGGERED APPOINTMENT TERMS FOR PLANNING BOARD MEMBERS. AN ORDINANCE AMENDING: THE DEVELOPMENT AGREEMENT ADOPTED AS PART OF ORDINANCE NO. 12 -05 -1834 WHICH .APPROVED THE DEVELOPMENT AGREEMENT FOR A PLANNED UNIT DEVELOPMENT -MIXED USE PROJECT KNOWN AS RED ROAD COMMONS LOCATED AT 6600 -6640 SW 57 AVENUE AND 5757 SW 68 STREET; THE PURPOSE OF THE AMENDMENT IS TO AUTHORIZE THE ADMINISTRATION TO PROVIDE A SPECIFIC AMOUNT OF PARR AND OPEN SPACE CONCURRENCY PAYMENT TO THE CITY AND AMENDING THE DATE FOR PAYMENT, AN ORDINANCE AMENDING THE DEVELOPMENT AGREEMENT ADOPTED AS PART OF ORDINANCE NO. 05 -05 -1827 WHICH APPROVED THE DEVELOPMENT AGREEMENT FOR A UNIFIED DEVELOPMENT' PROJECT KNOWN AS "PROJECT SUNSET" LOCATED GENERALLY AT 5750 SUNSET DRIVE AND LEGALLY DESCRIBED AS LOTS 6 THRU 9, 40 THRU 45,53 THRU 66 INCLUSIVE AND THE EAST 50 FEET OF LOTS 51 AND 52 OF W. 'A. LARKINS SUBDIVISION ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 3 AT PAGE 198 OF THE PUBLIC RECORDS OF MIAMI -DADE COUNTY; THE PURPOSE OF THE AMENDMENT IS TO AUTHORIZE THE ADMINISTRATION TO PROVIDE A SPECIFIC AMOUNT OF PARK AND OPEN SPACE CONCURRENCY PAYMENT TO THE CITY, AMENDING THE DATE FOR PAYMENT, AND ADJUSTING THE PHASING OF THE DEVELOPMENT. A RESOLUTION FOR A SPECIAL USE APPROVAL TO LOCATE A GENERAL RESTAURANT IN THE "SR (HD -OV)" SPECIALTY RETAIL HOMETOWN DISTRICT OVERLAY ZONING DISTRICT SPECIFICALLY LOCATED AT 7301 SW 57th COURT. CANC. N 3 NIGHTS HOTEL MIRAMAR- MISSION. B&B .................................................... ' $165. P/P HOTEL PRESIDENTE INTERCONTINENTAL B &B 1...: ................$230. P/P PUNTA CANA 3 NIGHTS HOTEL OCEAN BAVARO SPA ALL INCLUSIVE .......... .... ' ...$265. P/P HOTEL BARCELO BAVARO CARISE ALL INCLUSIVE . ...$325. P/P SAN JOSE COSTA RICA 3 NIGHTS ORAN HOTEL COSTA RICA B &B .............................................. .:...$140. P/P HOTEL QUALITY COLON Be B ........................................................ .$152. P/P EUROPE MADRID 6 NIGHTS HOTEL REGINA S &B ......... .......$575. P/P PARIS 6 NIGHTS HOTEL ROYAL OPERA B &B ..... .......$656. P/P LONDON 6 NIGHTS HOTEL AMBASSADOR B & B $655. P/P BASIC ITALY ROME- FLORENCE — VENICE 7 DAY'..... ...$745. P/P CLASSIC GREECE ATHENS - OLYMPUS - DELPHI- METEORA- 7 DAY ...$986. P/P IMPERIAL CITYS BERLIN- PRAGUE - BUDAPEST- VIENNA 9 DAYS .........$995. P/P PACKAGE INCLUDES :AIRPORT- HOTEL•TRANSFERS,HOTEL BREAKFAST ACOMMODATION AND TAX PACKAGES DO NOT INCLUDE AIRFARE AND DEPARTURE TAXES. CALL US FOR OUR LOWEST AIRFARE SPECIALS. ALL PRICES ARE PER PERSON AND BASED ON 2 - I uu ,/a Tor Investment Prnnerties I I PINECREST 'i tom, Pinecrest Garden: get a new restauran' area and concert amphitheater as proponents push to upgrade the former Jungle facility and n the town center. BY YUDY PINEIRO ypineiro @herald.com The. Pinecrest Council is looking 1 ways to spruce up P' Gardens with hopes of the former bird parae the community's focal The village is asl Pinecrest Gardens Foi to pitch ideas to ma happen. The foundation, a 1 15 community leade formed- last year t money for the'park. lV met for the first tin weeks ago. "We talked about money as. an indel foundation to assist th of Pinecrest in any h ment and changes thr be made in order to the park into more of munity gathering pla( Bruce Toland, a fou member. Some ideas in tossed around include) a restaurant, jogging p nic area and a concei theater at the 22 -ac former home to Parro at 11000 Red Rd. . "We thought we'd group in place and get make recommendat us, said Mayor Gary P Matzner, who help $4 million for the vi buy the parkin 2002, will work closely v foundation to raise ml the projects and park Matzner recently d with the park's entrant a controversial issue some residents who feel they should pay t( public park. . Before Matzner c board in November, lage built a water'pla; for kids and a butterfl, m the park. _ Also approved but permits: a two - story, 1 -TURN TO GARDENS, 27 Inquiries concerning this item should be directed to the Planning Department at 305- 663 -6326. ALL Interested invited e e . e parties are to attend and will be heard. Maria M. Menendez - City Clerk DREAM MAKERS MORTGAGE CORP. Pursuant to Florida Statutes 286.0105, the City hereby advises the public that If a person decides to 1714 SW 57 Avenue, Miami, FL 33155 appeal any decision made by this Board, Agency or Commission with respect to any matter considered at Its meeting or hearing, he or Will need a record of the proceedings, and that for Tel: (786) 388 -9898 Toll Free 1- 866 -388 -8854 Fak: (786) 388 -9811 such purpose, affected person may need to ensure that a verbatim record of the proceedings Is made Email: dreammakersmori CjObellsoutil.net which record Includes the testimony and evidence upon which the appeal is to be based. Interest rate and terms are, subject to change only for real estate transactions. I I PINECREST 'i tom, Pinecrest Garden: get a new restauran' area and concert amphitheater as proponents push to upgrade the former Jungle facility and n the town center. BY YUDY PINEIRO ypineiro @herald.com The. Pinecrest Council is looking 1 ways to spruce up P' Gardens with hopes of the former bird parae the community's focal The village is asl Pinecrest Gardens Foi to pitch ideas to ma happen. The foundation, a 1 15 community leade formed- last year t money for the'park. lV met for the first tin weeks ago. "We talked about money as. an indel foundation to assist th of Pinecrest in any h ment and changes thr be made in order to the park into more of munity gathering pla( Bruce Toland, a fou member. Some ideas in tossed around include) a restaurant, jogging p nic area and a concei theater at the 22 -ac former home to Parro at 11000 Red Rd. . "We thought we'd group in place and get make recommendat us, said Mayor Gary P Matzner, who help $4 million for the vi buy the parkin 2002, will work closely v foundation to raise ml the projects and park Matzner recently d with the park's entrant a controversial issue some residents who feel they should pay t( public park. . Before Matzner c board in November, lage built a water'pla; for kids and a butterfl, m the park. _ Also approved but permits: a two - story, 1 -TURN TO GARDENS, 27 AGREEMENT OF SALE AND PURCHASE BY AND BETWEEN THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER MIAMI, ( "SELLER ") AND THE CITY OF SOUTH MIAMI., a Municipality of Miami -Dade Florida ( "PURCHASER ") MayJune , 2005 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 AGREEMENT OF SALE AND PURCHASE THIS AGREEMENT OF SALE AND PURCHASE (the "Agreement ") is made and entered into by and between THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER MIAMI, a Florida non - profit corporation (hereinafter referred to as "Seller "), and THE CITY OF SOUTH MIAMI, a municipality of Miami -Dade Florida (hereinafter referred to as the "City' or "Purchaser "). Seller and Purchaser are sometimes collectively referred to -herein as the "Parties" and each of the Parties is sometimes singularly referred to herein as a" art WHEREAS, Seller is the owner of certain real propert at, 4300 SW 58th Avenue Miami, Florida 33155 consisting of a office building containing square feet, respectively, that include but are not limited to the basketball courts, rac approximately acres of open -field space as legally describe made a part hereof for all purposes by this reference (the "Prope As used herein meanings indicated: "Bill of Sale" sufficient to transfer to "Business Day(s)" "Claim" means ai claim, including, without person or persons. ARTICLE I DEFINITIONS Exhibits attached mprovements thereon located Eon center and administrative or less, recreational structures l 11court, swimming pool, and chibit "A" attached hereto and lase the Property, and Purchaser shall lease to 0.00, the mutual covenants and ation, the receipt and sufficiency following terms shall have the a bill Vr bills of sale in the form attached as Exhibit B hereto, and .ser all f the items set forth therein. days other than Saturdays, Sundays and legal holidays. n, liability, lien, encumbrance, loss, damage, cost, expense or any claim for damage to property or injury to or death of any "Closing" means the consummation of the sale and purchase of the Property, to be held at the offices of Murai Wald Biondo Moreno & Brochin, P.A. or such other place as the Parties may mutually agree. "Closing Certificate" means a certificate in the form of Exhibit "C" wherein Seller shall represent that the representations and warranties of Seller contained in this Agreement continue to remain true and correct as of the Closing Date except with respect to those matters that may be disclosed in writing to and accepted by Purchaser prior to the Closing Date. Page 2 of 26 1 2 3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 "Closing Date" means Junely — , 2005 or the earlier or later date as shall be hereafter agreed upon by the Parties. "Deed" means a warranty deed substantially in the form of Exhibit "D" attached hereto executed by Seller, as grantor, in favor of Purchaser, as grantee, conveying the Property to Purchaser, subject only to the Permitted Exceptions. "Due Diligence Materials" means the information to pursuant to the provisions of Section 4.1 hereof. "Effective Date" means the later of the two dates on the City Commission, signed and all changes initialed by Sel . signatures below; provided that in the event only one Party signature shall be the Effective Date. provided by Seller to Purchaser Agreement is approved by haser, as indicated by their nature. then the date of its "Engineering Documents" means all site plans, surv`eys, soil and substrata studies, architectural drawings, plans and specifications, engineering plans and studies, floor plans, landscape plans, and other plans and studies that relate to the Property and are in Seller's possession or control. ' means Murai Wald Biondo Moreno & Brochin, P.A . located at Two , Coral Gables, FL 33134. option Documents" means true, correct and legible copies of each document listed as an title on;the Title Commitment. means the abstract of title for the Property. `Fixtures" means all permanently affixed equipment, fixtures, and other items of real and /or personal property, ifiOuding all components thereof, now and hereafter located in, on or used in connection with, and permanently affixed to or incorporated into the Improvements, including, without limitation, .all electrical equipment, heating, plumbing, lighting, ventilating, refrigerating, air - cooling and air - conditioning systems and apparatus, sprinkler systems and fire and theft protection equipment, and similar systems, all of which, to the greatest extent permitted by law, are hereby d, ed by the Parties hereto to constitute real estate, together with all replacements, modifications, alterations and additions thereto. `Hazardous Materials" means any substance, including without limitation, asbestos or any substance containing asbestos and deemed hazardous under any Hazardous Materials Law, the group of organic compounds known as polychlorinated biphenyls, flammable explosives, radioactive materials, medical waste, chemicals, pollutants, effluents, contaminants, emissions or related Page 3 of 26 1 2 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 materials and items included in the definition of hazardous or toxic wastes, materials or substances under any Hazardous Materials Law. "Hazardous Materials Law" means any law, regulation or ordinance relating to environmental conditions, medical waste and industrial hygiene, including, without` limitation, the Resource Conservation and Recovery Act of 1976 ( "RCRA "), the Comprehensive' Environmental Response, Compensation and Liability Act of 1980 ( "CERCLA "), as amended by the Superfund Amendments and Reauthorization Act of 1986 ( "SARA "), the Hazardous Materials, Transportation Act, the Federal Water Pollution Control Act, the Clean Air Act, the Clean Water' Act, the Toxic Substances Control Act, the Safe Drinking Water Act, and all similar federal,,.state and local environmental statutes, ordinances and the regulations, orders, or decrees nw or hereafter promulgated thereunder. "YMCA" means the Young Men's Christian Association of Greater Miami,; a Florida non- profit corporation, which is the Seller. "Improvements" means all buildings, structures, Fixtures and other improvements of every kind now or on the Closing Date located on the Land:, including, without limitatiori"S I landscaping, parking lots and structures, roads, drainage recreational facilities, and all above ground and underground utility structures, equipment systems ;that constitute Fixtures and other so- called "infrastructure" improvements. "Land" means the real property more p and made a part hereof, together with all c belonging, and and easements, rights -of -way, r in, on, qw.,16`1'any Wl street, road or avenue, o , adjoinirtg�the real p'rop'erty. described on Exhibit "A attached hereto licenses, privileges and benefits thereto gress or egress or other interests of Seller )sed, in, on, across, in front of, abutting or or "Parties" have the meanings set forth in the preamble to this Agreement. "Permits" deans all permits, licenses, approvals, entitlements, notifications, determinations and other: governmental and quasi - governmental authorizations including, without limitation, certificates of occupancy, required in connection with the ownership, planning, development, construction,, use, operation or maintenance of the Property. As used herein, "quasi - governmental" shall incline„ the providers of all utilities services to the Property. ' "Permitted Exceptions" means those title exceptions or defects which are approved in writing by Purchaser pursuant to Article V of this Agreement. "Property" means, collectively, the Land and all Improvements and fixtures. Page 4 of 26 1 2 3 4 5 6 8 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 "Purchase Price" means an amount equal to $2,750,000.00. "Recreational Facilities" means existing recreational structures located within, the Property that include but are not limited to the basketball courts, racketball court, swimmoi pool, fecreation. center and office building. i "Review Period" means 45 days f:rofn - the —Date4he —has the meaning assigned in Section 5.2 of this Agreement. "Search Reports" means the initial reports of searches made of the Unifd m Commercial Code Records of Miami -Dade County and of the office of the Secretary of State iff Florida, which searches shall reflect that none of the Property is encumbered by liens. The Search - Reports shall be updated, at Seller's expense, at or within one week prior to Closing. "Survey" means the most current survey of the Property in Seller's posses "Title Commitment" means a current commitment issued by the Title Company to the Purchaser pursuant to the terms of which the Title'. Company shall commit to issue the Title Policy to Purchaser in accordance with the provisions of'this Agreement, and reflecting all matters which would be listed as exceptions to coverage on the Trtle Policy. GREEMENTS TO SELL, PURCHASE AND LEASE 14 AGREEMENT TO SELL AND PURCHASE. On the Closing Date, Seller shall sell, convey, assign, transfer and deliver to Purchaser and Purchaser shall purchase, acquire and accept from Seller, the Property, for the Purchase Price and subject to the terms and conditions of this Agreement. To the 'extent permitted or required by law, Seller shall assign to Purchaser all of Seller's right, title and interest in and to the Permits. 2.2 AGREEMENT TO LEASE. On the Closing Date, and subject to performance by the Parties of, the terms and provisions of this Agreement, Purchaser shall lease to Seller and Seller shall lease from PuWhaser, a portion of the Property, as described on the Lease upon the terms and condition9 set forth in the Lease. ARTICLE III PURCHASE PRICE Page 5 of 26 1 2 4 5 6 7 8 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 3.1 PAYMENT OF PURCHASE PRICE. The Purchase Price, less the Deposit, shall be paid by Purchaser at closing in immediately deliverable funds. ARTICLE IV ITEMS TO BE FURNISHED TO PURCHASER BY S 4.1 DUE DILIGENCE MATERIALS. Within 443 days after the Effective Date, Seller shall deliver to Purchaser or make available to Purchaser at the Property for its review the following items, if such items are in Seller's possession: (a) True, correct, complete and legible copies of all documents. pertaining to the Property including but not limited to Agreements, Warranties, Permits, and Engineering Documents; (b) True, correct, complete and legible copies of the following items: (i) all existing fire and extended coverage insurance policies and any other insurance policies pertaining to the Property; (ii) all instruments evidencing, governing or securing the ;payment of any (iv) all lit- gation files, if any, with respect to any pending litigation and claim files for any claims made p w, 'threatened, the outcome of which might have a material adverse O effect on the Property or the use aid operation of the Property. 9(c) the Survey and the Evidence of Title 4.2 DUE DILIGENCE REVIEW. During the Review Period Purchaser shall be entitled to review the Due Diligence- Materials delivered or made available by Seller to Purchaser pursuant to the provisions of Section 4.1 ,above. Purchaser and it's engineers and consultants shall be provided with access to the Property to conduct any studies deemed necessary by the Purchaser to properly evaluate the suitability of the Property. If Purchaser shall, for any reason in Purchaser's sole discretion, disapprove or is dissatisfied with any aspect of the information, or the Property, then Purchaser shall be entitled to terminate this Agreement by giving written notice thereof to Seller on or before the expiration of the Review Period, whereupon this Agreement shall automatically be rendered null and void. `'Purchaser shall (i) immediately pay or cause to be removed by transfer to bond or otherwise any liens filed against the Property as a result of any actions taken above by or on behalf of Purchaser; (ii) immediately repair and restore the Property to its condition existing immediately prior to the conduct of Purchaser's investigations; (iii) indemnify, defend and hold Seller harmless from and against all claims, damages or losses incurred by the Property as a direct result of the actions taken above by the Purchaser, any of its agents, representatives or contractors, or any persons performing due diligence studies, inspection services or other services on its behalf. Page 6 of 26 I At the end of the Review Period Purchaser shall accept the property in "AS IS" condition unless 2 Purchaser has provided written notice setting forth the defect, deficiency or encumbrance and 3 specified a time within which Seller may remedy or cure the noticed item (before or after the 4 expiration of the Review Period). If any defect, deficiency or encumbrance, so noticed, is not 5 satisfied or resolved to the satisfaction of Purchaser, in Purchaser's sole discretion, within the time 6 period specified in the written notice, this Agreement shall automatically terminate as provided in 7 this section. Other than any obligations Seller may have in accordance with Article V herein below, 8 Seller is not obligated to cure any defect, deficiency or encumbrance dated by Purchaser and Seller 9 may elect in its sole discretion not to cure same. 10 x 11 ARTICLE V 12 TITLE AND SURVEY 13 14 5.1 TITLE COMMITMENT, EXCEPTION DOCUMENTS AND SURVEY. Within 3 15 days of the Effective Date, Seller shall deliver or cause to be deh &tired to Purchaser, the Evidence of 16 Title. 17 18 5.2 REVIEW PERIOD. The Review Period shall -dxtend for a period of 45 days 19 commencing on the Effective Date of the Agreement. During the` Review Period, Purchaser shall 20 have the right to review the EAderic,10 of Title and obtain, review and object to -a Title Commitment, ie 21 Exception Documents, Seaich`Reportis and Survey. the Rev> -n°ri °a The results of Purchaser's 22 due diligence shall be provided in a timely fashion to the City Commission. In the event any 23 matters appear therein that are unacceptable to the City or any member of the city commission 24 Pufehas , Purchaser shall, ithm the Review Period notify Seller in writing of the fact. Upon the 25 expiration of said Review Period, Purchaser shall be deemed to ;have accepted all exceptions to the 26 title referenced in the Title. - Commitment and all matters show, ,,on the Survey except for matters 27 which are the subject of a notlf�eation made under the preceding sentence, and the accepted 28 exceptions shall be included ;in the term "Permitted Exceptions' as Wised herein; provided that in no 29 event shall any of the items "listed on Schedule B -1 of the Title Commitment constitute Permitted 30 Exceptions for the purposes"'of this article hereof. In the event that Purchaser objects to any such 31 matters within the Review Period, Seller shall have 1 -380 days from receipt of the notice within 32 which to eliminate or modify any such unacceptable exceptions or items. In the event that Seller is 33 unable or unwilling to eliminate or modify the unacceptable items to the satisfaction of Purchaser on 34 or before the expiration of said 1386 74ay period, this Agreement will be brought back to the City 35 Commission for further con8ideratio& The City Commission may either (a) waive the 36 objections and accept title to'the Property subject to the unacceptable items (which items shall then 37 be deemed to constitute part, of the Permitted Exceptions "), or (b) terminate this Agreement by 38 written notice to Seller, whereupon this Agreement shall automatically be rendered null and void, 39 and thereafter neither Party all have any further obligations or liabilities to the other hereunder. 40 41 5.3 ADDITIONAL EXCEPTIONS. In the event that at any time after the expiration of 42 the Review Period the Title Commitment or Surveyor Search Reports are modified (other than the 43 deletion or elimination of any item as to which Purchaser has made an objection), Purchaser shall 44 have 30 days to review and approve or disapprove any such modification and if such modification 45 renders title unmarketable, the Purchaser shall have the right to terminate this Agreement in the 46 event that Seller is unable or unwilling to eliminate any such matters to the satisfaction of Purchaser 47 in accordance with the provisions of Section 5.2 above. 48 49 ARTICLE VI Page 7 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS 6.1 REPRESENTATIONS AND WARRANTIES OF SELLER. To induce Purchaser to enter into this Agreement and to purchase the Property, Seller represents and warrants to Purchaser, to the best of its knowledge, as follows: (a) Pursuant to Section 5.2 hereof, Seller has and at the Closing Seller will have, and will convey, transfer and assign to Purchaser, good, marketable, fee simple and insurable title to the Land, free and clear of any deeds of mortgages, liens, encumbrances, teases, tenancies, licenses, chattel mortgages, conditional sales agreements, security rriterests covenants, conditions, restrictions, judgments, rights -of -way, easements, encroachment and any other matters affecting title or use of the Property, except for the Lease. %ecuted this Agreement, and has 1, at Closing, to consummate the zire the joinder of any person or rchaser at Closing and to lease a he execution by Seller of this itemplated herein does not, and at sions'of, or constitute a default or ripen into a default under any party or by which the Property or not, constitute a violation of any Property of any court or of any ency or other governmental body (e) No written notice has been received by Seller and Seller is not aware of any person having received written notice from any insurance company that has issued a policy with respect to any portion of the Property or from any board of fire underwriters (or other body exercising similar functions); claiming any defects or deficiencies or requiring the performance of any repairs, replacements, alterations or other work.. No notice of condemnation, eminent domain, assessment or similar or charge affecting the Property or any portion thereof has been provided to Seller.. "If ll1(g) All of the Improvements (including all utilities) have been substantially completed" and installed and are being used in substantial accordance with all applicable Laws, including the plans and specifications approved by the governmental authorities having jurisdiction to the extent applicable. The Improvements, as designed and constructed, comply materially with all statutes, restrictions, regulations and ordinances applicable thereto. f }-) --- Page 8 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 (h) To the best of Seller's knowledge there are no material structural defects in any of the buildings or structures on the Property. All electrical, plumbing and drainage at, or servicing, the Property and all facilities and equipment relating thereto are in reasonably good condition and working order and adequate in quantity and quality for the normal operation of the Property. No part of the Property has been destroyed or damaged by fire or other casualty. There are no unsatisfied requests for repairs, restorations or alterations with regard to the Property from any lender, insurance provider or governmental authority. 0 (i) No work has been performed or is in progress at the Property, and no materials will have been delivered to the Property that might reasonably be expected to provide the basis for a mechanic's, materialmen's or other lien against the Property or any portion thereof. (kj) There will exist no m; agreements applicable to the Property. There are oral or written) with respect to the Property or a than those delivered to Purchaser pursuant to Sec (4 (k) No default or breach the covenants, conditions, restrictions, rig portion thereof. (ml) There are no actions, si affecting the Property or any portion thereof, o federal, state, county or municipal departm( governmental instrumentality, other than those ial service contracts, management or other material agreements or understandings (whether portion thereof, to which Seller is a party, other 14.1. r any of the Business Agreements, or any of or easements affecting the Property or any )ceedings pending or threatened against or to or arising out of the ownership, or by any fission, board, bureau or agency or other to Purchaser pursuant to Section 4.1. (nn) There are no attachments,°executitins, assignments for the benefit of creditors, or voluntary or inv"auntary proceedings in„ bankruptcy or under any other debtor relief laws contemplated by or pending or, threatened against Seller or the Property. (en) ether than with respect to activities' in connection with or conditions arising strictly from customary and ordinary use or maintenance of the Property by Seller in full compliance with anypr all Hazardous Materials Law, Seller is unaware of (i) any Hazardous Materials installed, used, generated, manufactured, treated, handled, refined, produced, processed, stored or disposed of, or otherwise on or under the Property; (ii) any activity being undertaken on the Property which could cause (a) the Property`to become a hazardous waste treatment, storage or disposal facility within the meaning of any Hazardous Materials Law, (b) a release or threatened release of Hazardous Materials from theProperty within the meaning of any Hazardous Materials Law or (c) the discharge of Hazardot Materials into any watercourse, body of surface or subsurface water or wetland, or the discharge'nto the atmosphere of any Hazardous Materials which would require a permit under any Hazardous Materials Law; (iii) any activity undertaken with respect to the Property which would cause a violation or support a claim under any Hazardous Materials Law; (iv) any investigation, admimstr ` ive order, litigation or settlement with respect to any Hazardous Materials, being threatened; or in existence with respect to the Property; (v) any written notice being served on Seller from any entity, governmental body or individual claiming any violation of any Hazardous Materials Law, .or requiring compliance with any Hazardous Materials Law, or demanding payment or contribution for the environmental damage or injury to natural resources. Page 9 of 26 I (q (o) All documents and information delivered by Seller to Purchaser pursuant to 2 the provisions of this Agreement are materially true, correct and complete as of the date hereof and 3 will be correct and complete as of the Closing Date. 4 5 6.2 INDEMNITY OF SELLER. Subject to the provisions provided here, er limiting the 6 liability of Seller, Seller hereby agrees to indemnify and defend, at its sole cost gri 1 2 (d) Seller will pay, as and when due, all interest and principal and,, all other 3 charges payable under any indebtedness secured by the Property of Seller from the date hereof until 4 Closing and will not knowingly suffer or permit any material default or amend dt 4nodify the 5 documents evidencing or securing any such indebtedness of Seller to institution4l7lendeis without 6 the prior consent of Purchaser. 7 8 (e) Seller shall not remove any of the Seller's Personal Propert y from the Land or 9 Improvements which is necessary for the operation of the Property as it is currently being used 10 without replacing same with substantially similar items of equal or greater value. 11 12 6.4 REPRESENTATIONS, WARRANTIES AND COVENANTS Of ,,;PURCHASER. 13 Purchaser represents and warrants to Seller that: 14 15 (a) Purchaser has duly and validly authorized and executed this Agreement, and 16 has full right, power and authority to enter into this Agreement and to consunnate the actions 17 provided for herein. 35 (b) Seller,shall have delivered, performed, observed and complied in all material 36 respects with, all of the ` s, instruments, documents, covenants, agreements and conditions 37 required by this Agreement to be delivered, performed, observed and complied with by Seller prior 38 to, or as of, the Closing. 39 (c) Seller is not in receivership or dissolution proceedings or has made any 40 assignment for the benefit of creditors, or admitted in writing its inability to pay its debts as they 41 mature, or has been adjudicated as bankrupt, or has filed a petition in voluntary bankruptcy, a 42 petition or answer seeking reorganization or an arrangement with creditors under the federal 43 bankruptcy law or any other similar law or statute of the United States or any state and no such 44 petition shall have been filed against it. Page 11 of 26 I (d) No material or substantial change shall have occurred with respect to the 2 condition of the Property subsequent to the expiration of the Review Period. 3 (e) Neither the Property nor any part thereof or interest therein shall have been 4 taken by execution or other process of law in any action prior to Closing after the expiration of the 5 Review Period. 6 (f) Purchaser shall have received, in form acc 7 compliance by the Property with all Permits or approvals required 8 may be necessary or appropriate for the operation of the Property" . 9 (g) Purchaser shall be satisfied with all 10 pursuant to Article V hereof. 11 (h) No portion of the Property shall have be 12 the expiration of the Review Period. 13 (i) No condemnation, eminent domain or 14 commenced or threatened with respect to any portion of the 15 Review Period. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 7.2 F any one or more of the cor the Closing, Purchaser, at giving written notice then obligations or liabilities h hereunder. 8.1 SELLER'S Purchaser, at closing the f (a) The executed and acknowledge Purchaser, evidence of Effective Date hereof as regarding title and survey by fire or casualty after )ceedings shall have been after the expiration of the CONDITIONS TO PURCHASER'S OBLIGATIONS. In the event ins to Purchaser's obligations are not satisfied in whole or in part as of chaser`s option, shall be entitled to (a) terminate this Agreement by to Seller- and neither Purchaser' nor Seller shall have any further order;, for (b) waive the failure of condition and proceed to Closing ARTICLE VIII lS WITH RESPECT TO THE CLOSING OBLIGATIONS. Seller shall furnish and deliver to the ale, Closing Certificate, the Lease Agreement, each duly (b) An affidavit, agreement and indemnity executed by Seller and dated as of the Closing Date, stating that there are no unpaid debts for any work that has been done or materials furnished to the Property or to and as of Closing and stating that Seller shall indemnify, save and protect Purchaser and its assigns harmless from and against any and all Claims, including court costs and reasonable attorneys' fees related thereto, arising out of, in connection with, or resulting from the same, up to and including the Closing Date, in form and substance mutually acceptable to Seller and Purchaser. (c) Certificates of casualty and fire insurance for the Property as required pursuant to the Lease showing Purchaser as additional insured and loss payee thereunder, with appropriate provisions for prior notice to Purchaser in the event of cancellation or termination of the policies. Page 12 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 (d) The affidavits, certificates or letters of indemnity as the Title Company shall reasonably require in order to omit from its insurance policy all exceptions for unfiled mechanic's, materialman's or similar liens. (e) Any and all transfer declarations or disclosure documents, duly executed by the appropriate parties, required in connection with the Deed by any Mate, county or municipal agency having jurisdiction over the Property or the transactions content ated hereby. (f) The instruments or documents as are necdssary, or reasonably required by Purchaser or the Title Company, to evidence the status and capacity of Seller and the authority of the person or persons who are executing the various documents on behalf of Seller in connection with the purchase and sale transaction contemplated hereby. 8.2 PURCHASER'S CLOSING OBLIGATIONS following: (a) Cash or certified funds in the am( HUNDRED FIFTY THOUSAND DOLLARS ($2,750,000.00). (b) (c) Mun transactions contemplated Purchaser's part to be deliv 9.1 ADJUST sewer charges, gas, ele premiums on insurance by the Parties that the S 9.2 CLOSING insurance premiums on the an amount not to exceed payable in connection with by this Agreement or any for or in connection with tl or contemplated by this Ag e; duly executed and lution(s) authorizing to execute and deli ARTICLE IX EXPENSES OF CLOSIN Purchaser shall deliver the O MILLION SEVEN by Purchaser. rchaser to consummate the the closing documents on the There shall be no adjustment of taxes, assessments,. water or one or other utilities, operating expenses, efnoorRent charges, thee- noffnally pr-eFatabie ;toms' it being agreed and understood 'obligated to pay the items under the terms of the Lease. )STS Purchaser shall pay its own attorneys' fees.. and the title Iler's Title'Insurance Policy. Seller shall pay all all title update fees in 50 any and all state, municipal or other documentary or transfer taxes [e delivery of any instrument or document provided in or contemplated cement or commitment described or referred to herein, and the charges recording and /or filing of any instrument or document provided herein -ment or any agreement or document described or referred to herein. ARTICLE X DEFAULT AND REMEDIES 10.1 SELLER'S DEFAULT; PURCHASER'S REMEDIES. (a) Seller's Default. Seller shall be deemed to be in default hereunder upon the occurrence of any one or more of the following events: (i) any of Seller's warranties or Page 13 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 representations set forth herein shall be untrue in any material aspect when made or at Closing and Seller is unable -; or (ii) Seller shall fail in any material respect to meet, comply with, or perform any covenant, agreement or obligation on its part required within the time limits and in the manner required in this Agreement. (b) Purchaser's Remedies. In the event Seller shall be deemed to be in default hereunder Purchaser may (i) terminate this Agreement by written notice delivered to Seller on or before the Closing and receive a return of its Deposit and an amount equal to the Deposit -; or (ii) in the event that Seller shall willfully refuse to close the sale Purchaser shall be entitled to specific performance of this Agreement against Seller including Purchaser's reasonable costs and attorneys fees in connection therewith. 10.2 PURCHASER'S DEFAULT; SEL (a) Purchaser's Default. Purc upon the occurrence of any one or more of the fc representations set forth herein shall be untrue it (ii) Purchaser shall fail in any material respect agreement or obligation on its part within the Agreement. Seller e survive shall be 1 SURVTVAL. All of the s (but not matters or items id Purchaser:.:cbntained in this As Closing. R shall be deemed to be in default hereunder ng events; O an of Purchaser's warranties or material rspec when made or at Closing; or feet, comply with, or perform any covenant, limits and in the manner required in this 'urchaser_;shall be deemed to be in default for the dTault, shall be entitled to terminate .nd to rein the Deposit. The Deposit shall being agreed between Purchaser and Seller At of Purchaser hereunder because of the ;actual damages for the default. esentations, warranties, covenants, agreements and ed as conditions for parties' obligation to close) of ent, to the extent not performed at the Closing, shall NOTICES. All notices, requests and other communications under this Agreement writing :arid shall be delivered in person or sent by reputable overnight delivery service, f South Miami Sunset Drive . Miami, 33143 Page 14 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 With copy to: City Attorney Nagin, Gallop, Figueredo 3225 Aviation Avenue Third Floor Miami, FL 33149 If to Seller: President YMCA of Greater Miami 1200 NW 78 Avenue Miami, Florida 33126 ONS. The captions in this Agreement are inserted for convenience of no way define, describe, or limit the scope or intent of this Agreement or any of the i" 6 BINDING EFFECT. This Agreement shall be binding upon and shall inure to the benefit of the-parties hereto and their respective heirs, executors, administrators, legal and personal representatives, successors, and assigns. 11.7 EXTENSION OF DATES. Notwithstanding anything to the contrary contained in this Agreement, if Seller shall fail to deliver any document or item required pursuant to any of the terms and provisions of Article IV and /or Article V within the applicable time period required, Purchaser, at its option, shall have the right to extend the date of expiration of the Review Period, Page 15 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 and correspondingly the date of Closing, by the number of days elapsing from the date the items were required to be delivered and the date the items were actually delivered to Purchaseq provided that Purchaser shall give Seller notice of its intent to extend the dates. Nothing herein shall:. diminish Seller's obligation to timely furnish the items. 11.8 TIME IS OF THE ESSENCE. With respect to all provisions of th's Agreement, time is of the essence and shall be counted in calendar days. However, if the first dale of any period which is set out in any provision of this Agreement falls on a day which is not a Bp ness Day, then, in such event, the time of such period shall be extended to the next day which is a Business Day. 11.9 WAIVER OF CONDITIONS. Any Party may at any time or waive any of the conditions to its obligations hereunder, but any such waiver if contained in a writing signed by the Party. 11.10 BROKERS. Seller hereby repre Agreement or the subject matter thereof with ai legal rights in any such broker or salesman to respect to the purchase or sale of the Prope Purchaser harmless from any and all claims for fees arising out of or in any way relating to a br( 11.11 RISK OF LOSS. Until the Clsir. Property shall be solely that of Seller. Risk of to Closing Date, at which time Seller shall deliver I P 11.12 NO ASSUMPTION OF LIA existing liabilities, indebtedness, commitmer fixed or contingent) of Seller in respect of the herein. 11.13 COUNTERPARTS. This each of which shall be deemed an origi same instrument. EXECUTED to be effective as of PURCHASER: City of South Miami --------------- - -- Date SELLER: all to Purchaser that Seller has 1 estate broker or salesman i a real estate commission i Seller agrees to defend, in eal estate commissions, lea: "f the foregoing representatic the risk of loss of be that of Purchaser possession of the Pry at its election, effective only discussed this 3 to create any milar fee with nify and hold fees or similar )rtion of the and after the Purchaser shall not assume any of the ions of any nature whatsoever (whether otherwise, except those expressly assumed iy, be executed in one or more counterparts, which together shall constitute one and the , 2005. Page 16 of 26 1 2 3 4 5 6 The YMCA of Greater Miami ---------------------------- Date Page 17 of 26 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 EXHIBIT A Legal Description of Land The S 1/2 of the SW 1/4 of the NE 1/4 of the NE 1/4, less the East 25 feet, and the S 1/2 of the SE 1/4 of the NW 1/4 of the NE 1/4, in Section 24, Township 54 South, Range 40 East, lying and being in Miami -Dade County, Florida. Page 18 of 26 FXT4TRTT R Bill of Sale This instrument was prepared by: GEORGE J. LOTT, Esquire Dadeland Centre, Suite 1014 9155 So. Dadeland Blvd. Miami, Florida 33156 BILL OF SALE ABSOLUTE THIS BILL OF SALE ABSOLUTE, made this day of June 2005, by The Young Men's Christian Association of Greater Miami, a Florida non -profit corporation, of the City of Miami, Florida, herein called SELLER *, for and in consideration of the sum of TEN DOLLARS ($10.00), lawful money of the United States, paid by The City of South Miami, a municipality of Miami -Dade County, Florida, herein called BUYER *. WITNESSETH, that the Seller has granted, bargained, sold, transferred and delivered, and hereby grants, bargains, sells, transfers and delivers to the Buyer, the following good and chattels: All existing Improvements (all buildings, structures, fixtures, and other improvements of every kind including, without limitation, all landscaping, parking lots and structures, roads, drainage, recreational facilities, and all above ground and underground utility structures, equipment and systems, and other "infrastructure" improvements), and Fixtures (all permanently affixed equipment, fixtures, and other items of real and /or personal property, including all components thereof, now and hereafter located in, on or used in connection with, and permanently affixed to or incorporated into the Improvements, including, without limitation, all electrical equipment, heating, plumbing, lighting, ventilating, refrigerating, air - cooling and air - conditioning systems and apparatus, sprinkler systems and fire and theft protection equipment, and similar systems) located on, under or in the premises located at: 4300 S.W. 58 Avenue, South Miami, Florida. TO HAVE AND TO HOLD the same unto the Buyer forever. AND Seller does covenant to and with the Buyer that Seller is the lawful owner of the goods and chattels, that they are free from all encumbrances, that Seller has good right to sell them, and that Seller will warrant and defend the sale of the property, goods and chattels hereby made to the Buyer against the lawful claims and demands of all persons whomsoever. *BUYER and SELLER are used for singular and plural, as context requires, and includes the heirs, executors, administrators, successors and assigns of the respective parties. IN WITNESS WHEREOF, Seller has executed these presents on the date first above written. Signed, sealed and delivered in the presence of: Young Men's Christian Association of Greater Miami Signature of Witness Printed Name of Witness Signature of Witness Printed Name of Witness STATE F Aldred Sanchez, SEAL Page 20 of 26 THIS INSTRUMENT PREPARED BY: Lott & Levine 9155 South Dadeland Blvd. Suite 1014 Miami, Florida 33156 EXHIBIT C Closing Certificate CLOSING CERTIFICATE THIS CLOSING CERTIFICATE is given this June _, ASSOCIATION OF GREATER MIAMI, a Florida non -p Miami, Florida 33126 (sometimes referred to below as " described property to THE CITY OF SOUTH MIAMI, (referred to as "Buyer "). For good and valuable consideratio Property, the Seller hereby represents and agrees as follows: PROPERTY DESCRIPTION. The word "Property" a Property located in Miami -Dade County, State of Florida: The accepted The S 1/2 of the SW 1/4 of the NE 1/4 of the of the NW 1/4 of the NE 1/4 in Section 24, Miami- Dade.County, Florida. is commonly known as Property is 09- 4024 -001 i, by THE YOUNG MEN'S CE corporation, 1200 NW 78 Avenue, C) in connection with its sale of Sunset Drive, South Miami, Flor: to induce Seller to close on its Durc this Agreement means the ie East 25 feet and the S 1/2 South, Range 40 East, lying e 200, below 33143 of the Real IA in .venue, South Miami, Florida. The tax ATIONS )he following representations are made to Buyer, subject to disclosures made and tyer in wf.,. prior to the closing of the - purchase of the Property by Buyer: Property,tfter due inquiry and investigation, Seller!, -has no knowledge, or reason to believe, re has been' any use, generation, manufacture, storage, treatment, refinement, transportation, release, or'threatened release of any Hazardous Substance by any person on, under, or about >erty. ous Substances. After due inquiry and investigation, Seller has no knowledge, or reason to that thel operty, whenever and whether owned by previous occupants, has ever contained PCB or ether Hazardous Substances, whether used in construction or stored on the Property. Totices. S 1Jer has received no summons, citation, directive, letter or other communication, ;n or ora�' -.from any agency or department of any county or state or the U.S. Government ;rning any, .:° =intentional or unintentional action or omission on, under, or about the Property which - sulted m the releasing, spilling, leaking, pumping, pouring, emitting, emptying or dumping of rdous Substances into any waters or onto any lands or where damage may have resulted to the , waters, fish, shellfish, wildlife, biota, air or other natural resources. Agreement of Sale and Purchase. After due inquiry and investigation, Seller represents that the representations and warranties of Seller contained in the Agreement of Sale and Purchase entered into by and between the Seller and Buyer dated June _, 2005 for the sale and purchase of the Property by Buyer remain true and correct. Page 21 of 26 Definitions. The following capitalized words and terms shall have the following meanings when used in Certificate. Words and terms used in the singular shall include the plural, and the plural shall include singular, as the context may require. Environmental Laws. The words "Environmental Laws" mean any and all state, feller statutes, regulations and ordinances relating to the protection of human health or tl' er including without limitation the Comprehensive Environmental Response, Coulpen: Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq. ( "CERCLA' ), the Amendments and Reauthorization Act of 1986, Pub. L. No. 99 -499 ( "SARA"), the Materials Transportation Act, 49 U.S.C. Section 1801, et seq., the Resource Consei Recovery Act, 42 U.S.C. Section 6901, et seq., or other applicable state or federal law regulations adopted pursuant thereto. Hazardous Substances. The words "Hazardous quantity, concentration or physical, chemical or present or potential hazard to human health or stored, disposed of, generated, manufactured, i "Hazardous Substances" are used in their broades hazardous or toxic substances, materials or waste Laws. The term "Hazardous Substances" also incl by- products or any fraction thereof and asbestos. This Certificate is made: (1) to induce The City of S $2,750,000.00; and (2) to induce Attorneys' Title Insure Owner's title insurance policy on the Property. Seller di Buyer, title insurance company or attorney against all including attorney's foes, resulting or arising from reliance ro STATE The foregoing instru President of The Y identification and did , I have affixed my hand and THE OF C TER stances" mean materials that, becai - ctious characteristics, may cause environment when improperly us, ,ported or otherwise handled. se and include without limitation defined by or listed under the EnN without limitation, petroleum anc i to purchase the Property for Inc., and George J. Lott, Esq., agree to indemnify and hold I nages, costs and expenses of atements contained herein. of June, 2005. CHRISTIAN ASSOCIATION AS PRESIDENT and and or >f their pose a words and all sum of ssue an ess the y kind, was acknowledged before me this day of June, 2005 by Aldred Sanchez, as Men's Christian Association of Greater Miami, who produced the following as an oath: Typed/Printed Name: Title: Notary Public, State of Florida Page 22 of 26 EXHIBIT D Warrant This instrument was prepared by: GEORGE J. LOTT, Esquire Dadeland Centre, Suite 1014 9155 South Dadeland Blvd. Miami, FL 33156 Property Appraisers Parcel Identification (Folio) Number: 09- 4024 - 000 -0620 WARRANTY DEED The': -5',1/2 of the SW 1/4 of the NE 1/4 of the NE 1/4, less the. East 25 feet, and the S 1/2 of the SE 1/4 of the NW; 1/4 of the NE 1/4, in Section 24, Township "54 South, Range 40 East, lying and being in Miami-Dad e!ColntV Florida. SUBJECT TO: Conditions, restriction, limitations, and easements of record, if any; but any such interests that may have been terminated are not hereby reimposed; and subject to applicable zoning ordinances, taxes and assessments for the year 2005 and subsequent years. Grantor does hereby fully warrant the title to said land, and will defend the same against the lawful claims of all persons whomsoever. * "Grantor" and "Grantee" are used for singular or plural, as context requires. Page 23 of 26 IN WITNESS WHEREOF, Grantor has hereunto set his hand and seal the day and year first above written. Signed, sealed and delivered in the presence of: Witness Printed: Witness Printed: STATE OF FLORIDA ) COUNTY OF MIAMI -DY I HEREBY CERT] acknowledgments, persona executed the foregoing W; same, and who WITNESS my day of June, 2005. LOW The Y Aldred Sanchez, as 1200 NW 78 Aven Miami, FL 33126 Suitd 200 SEAL this day before me, an officer duly qualified to take v, Aldred Sanchez, the person described in and who 1 --and acknowledged before me that he executed the as identification the following: , and he did take an oath. official seal in the County and State last aforesaid this Notary Public Printed: Page 24 of 26 EXHIBIT E Guaranty of Performance of The Lease Page 25 of 26 EXHIBIT F Lease Agreement Page 26 of 26 Jun 01 05 02:29p Lott & Levine LOTT & LEVINE ATTORNEYS AT LAW Or-OROS J. LO TT MZC$A8L D. LaviNs (ies3 -le9D) June 1, 2005 Luis R. Figueredo, Esquire Office of the City Attorney City of South Miami 3225 Aviation Avenue, 'Third Floor Miami, FL 33133 Re: City of South Miami 4300 S.W. 58 Avenue, South Miami, FL Folio No. 09 -4024- 000 -0620 (the "Property ") Dear Mr. Figueredo: [305) 670 -0701 p.3 DAOELANO CENTRE, SUITE 1014 9155 SO. OADELAND BOULEVARD MIAMI, FLORIDA 33156 TELBVMONG (305) 670 -0700 FAA (305) 670.070( The property located 4300 S.W. 58 Avenue is owned by The Young Men's Christian Association of Miami, Florida, pursuant to the following Deeds: 1. Warranty Deed from Giffen Industries, Inc. to Young Men's Christian Association of Miami, recorded on December 28, 1956, in Official Records Book 4384, at Page 283, of the Public Records of Miami -Dade County, Florida. 2. Quit Claim Decd from R.G. Lassiter and W.W. Amer, as surviving Trustees of Bull Dog Dredging Company, to Young Men's Christian Association of Miami, Florida, recorded in Official Records Book 18, at Page 528, of the Public Records of Miami - Dade County, Florida. 3. Warranty Deed from Ben K. Lassiter and Dorothea Lassiter to The Young Men's Christian Association of Miami, l- lorida, recorded on January 11, 1957, in Official Records Book 18, at Page 531, of the Public Records of Miami -Dade County, Florida. Please note, however, that there is a discrepancy between the name of the Grantee as appearing in the three above referenced Deeds ( "The Young Men's Christian Association of Miami, Florida ") and the City's Ordinance authorizing the purchase of the Property, which refers to "YMCA of Greater Miami ". I assume that, at some point in the past, there was a formal name change with the Florida Secretary of State. This will need to be verified and the appropriate documents recorded in the Public Records of Miami -Dade County. Jun 01 05 02:28p Lott & Levine Other matters affecting title to the Property are as follows: 1. Mortgage /Encumbrances: None [305) 670 -0701 p.2 2. Taxes: The parcel identification for the property is 09- 4024 - 000 -0620. No taxes for 2004 were assessed against the Property because of a fraternal organization tax exemption. No taxes for years prior to 2004 are outstanding. 3. Other Liens: None. 4. Easements /Restrictions/Reservations: a. Right of Way Decd to Dade County recorded in Official Records Book 3935, at Page 239, Public Records of Miami -Dade County, Florida. b. Reservations contained in Decd from Board of Commissioners of Everglades Drainage District recorded in Deed Book 2566, at Page 189, Public Records of Miami -Dade County, Florida. This opinion is subject to the following exceptions: 1. Taxes for 2005 or special assessments which are not shown as existing liens by the public records. 2. Rights or claims of parties in possession not shown by the public records. 3. Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate survey and inspection of the Property. 4. Easements or claims of easements not shown by the public records_ Copies of the above referenced Decds and other instruments are enclosed. .After you have had the opportunity to review these copies and my foregoing comments, please contact me if you have any questions. UJL:amj Enclosures cc: I` ve Boutsis, Esq. Very truly urs, ��� .Lott LVTT & LEVINn 3UL -22 -04 THU 03 :36 AM 1 FAX N0. 055569626 Pr 02 FAGE531 WNIaAr11T otlt0 Pea's t4 lia 44M'�.ild!If Y.. /o�Yla'a rTalel o(lit, 1102niu>rl'. Ata<te, thb bath • day of 3H tluary A. DI. f9 57 DEN H, LASSITER and DOROTIVIA W�ITZK, big Wife, of (he rwmtref (1ranV1110 antlSrrrraf North Carolina, Parr ies o/ the Frmt part, ma T1tE YOUNG MR-913 CtlriFSTIAN ASSOCY x�U ATION OF MIA)(1, FLORIDA, a non - profit :sorporeCion, ea:ietir.g undrr the tax., a/ A& Stator of Florida hnufng trr prinrilwt piorP Oj ne,e in the County of Dade wlStat•1 nj Florida 110 Northeaat I'lilyd Avenue, M1am1 View! 1010 and talr:furfy nur hop lted to tranuct busineJa to the Stem! of F j k' partY of thl ­J Part. WITSFSSET11., Thar the raid parriQ6 of the ftru *4 for and in rarwiikmfirra Of Me fuhl of Tsrt and no /looths ------------------------- - - - - -- ($10,00) - ^_b0[tarr, and other good and valuable consideration�jo --- ------- -- -- - -- - to US in harm paid a3' the .airs l,v(y Of she scowl. pw'f. the rr"IF4 whereof it hereby aek,fa� t..lgrd. have jranrnd, barg■in.d and sold to the amid purtr of rho Wand Pori, !'r 1-t- -arm and arrigrr,, jari�omr. rho fnttuu,iam dsrcribed :and ,itttate, lying an t bdin6 in the Ce,urtr of 1 DaLIC, and Srate of Florid., to.aair: The South ons -hall' (s-21) of the Southeast one- Quartor SE},) of the t1oj- thweet one- t quarter (NWJ or the Nort-hei,)at one -quarter i (NF:v j or Section Twenty -four (24)}, Township 51t South, Flange 40 fast, oi'; the $ubixo Records of Dade County, Florida. By a:cetotin'• A&,,.ltvr;!ry of tai: '.r:c l ltv3 Ynalca, i CitrCst tu:r /es:;ocf ,t Elan of Atu;rtE, :10:1',1, "e l�nn- :nJi'i t GnTt)t)C::tinrt, dS SW'll pnym^nt at' M-1 :t Valorc tuxe ria:;0_; .�C f .el:a n:;t tits uE,ove oral cv7. 0f ltln 6 for thq y MEEMM i, ft r � t . yo.Jr • 1,H ■ . R ,•1� r � �roo {'' LOliidr �. And ehe tail parties of the Jir.t parr do hereby Jelly a imni the title to acid land, enmt 44,11 defend ? tll.• rlrm. eaninrt thr' tswfat eWMA of alt pprtona ueh0n0eWk*Y, IN fr/17WESS WIIFREOF, the aa:d p-:'r ies nJ At. fr.r river have h:rruma arc their A-4113 mart rata the .tor and roar show. urritren, e� jtval j ISr'rll i, JUL -22 -04 THU 03:36 AM ' 1 FAX NO, 055669626 P. 03 1•, i 1 STtfTY OF P1.091DA. o�ai{ 1 PArrEra COUNTY Or �i 31rrebly QlrMfg, Thar on ibis day penonauy app"red brIb" me, an O&W duly autharisrd to adnrirlirirr tratht and take arknouirdRrnrnt,, 1n nee te"11 4nnun rn he chi, p.•r,on described is end rail+ ystr—d the farraalad deed. and aekrtou . 1-fr.v1 f,. jnre rn•• rttar r+rriard rhr tams /reedy Prof wluntarUy Jar the purposes therein i r•r /ursaedc ' Ait1 3fitr1hrr Mfrlif% Thar theanid know" to me to he the mfr of rkr raid , Ong kparatq and private vranrinnriun raXen anxi nrade by and before mr, separairly and apart /rum her said hwDa/ttl, did atkrsmo- Irdge that.Ahv madr lrxr.rl/ a party to said drtvl fur the pnrptm, of rmounrinh. relinquishing and can++ryiri; all her right. title• and inrt•rr,r, wh.gher duuvr. hu +urylt.arl air of ropame properly. statutory or egnitable, WE and ru'rhr lands d.nr'ibtvl tlraroin, and that she escri and the iaid deed (rcrly"trltuf ;1Y4nd u'itk- S nut any riuurnbu.n, rumiraint, apprrhrniian, or fear v/ ur f.ur4 her raid husband. 1911119130 my hand and Dlicial lr+d ar , County of and State Pf Flairida. fhit day of . d• D. 19 f Nolary Public, State o/ NORTH CAROLINA My Mmmimlon erpi- STrtTEOFSUa FAXX S5. fuunty of GRANVALLE 'ilrrrbg Qlydlfff Thai an this day psrsopalfy opptursd bsjore mc on officer duty amltor6M to admirtitter oaths and iakt acknawtedhm.n)ti BEN H. tASSITER and DOROWMA LASSIM, h1a wife, ie n.r uvW known to be rhr person es dssrribed in anJ who Pzeruitd tht foreping drrd, and acknttw l eni btj4r me that they executed the saint, frMy and mitsmarily for rho pitrpo rs therein , •;Cierpu,�. i II 11thirgrl - my hand acrd a irinl Aral at Oxford , County of Granville II yy.r�h Caro�i a unri,3talr� n ,�pi, skis .,(`�1, day o/ .Ianuei7f i - •', A- D- 19 57 My 'Comirl .scion expire; O' , ;yam NotalSy PuDl'La, S ets of North ' ' l Careslina o � o Q, 0 ,� yR '„•qrt �; 1 51 1fi ^., n a 5r Y1 ;i 't r7 :1 a, l Y1 ;i 't r7 :1 a, JUL -22 -04 THU 03:37 AID 1 FAX EEO, 055569626 P, 04 Fax 18 rxMB QUIT O"xa Vn THIS INM?tP[TRE made this _.Zkd -day of December, A'. D., 1956, BET AIN R. 0. LASSITER and X. V. AROR, as surviving Truatoes of BULL DOG DREDGING COMPANY, a disysolved Florlvda corporation, Forties of the ;First Part, and YOUNG MENsS CHRISTIAN ASSOCIATION OF MIANX, FLORIDA, a Florida n`n- profit corporati on e Part ea of .the Second Part; K I T N E S S R T N t wTh&t the said Parties or the Hirst Part, for and in oonslaeration of the sum of TEN and no /loathe ($10.00) DOLLARS, and other good and valuable considerationa to them in hand paid, the receipt of which is hereby acknowledged, hath ramleed, released, and quit- claimed and by these presents do ralaise, release, and quit- claim unto the said Party of the Second Part and.its succeaaors and assigno forever, all of the estate, right, title, lien, equity, interest, claim and demand which the said Parties of the first Part have in and to the following described parcel of land, altuata And lying and being in the County of Dade and State or Florida, and more partloularly desoribed an follows, to -nit, The South of the Southeast of the Northwest of the Northeast of Section 24, Township ;54 south,. Range 40 lent, of the Fubllo Records Of Dads County, Florida. TO ILWE AW) TO HOLD the sauna together with 611 and singular the appurtenances thereunto belonging in or anywias appertaining, and all of the estate, right, title, lien, interest end'clalm whatsoever of the said patties of the First Part either in law or equity, to the only proper use, benefit and behoof of , 4 14 �p Awl �'�,� JUL -22 -04 THU 03:37 AN 1 FAX N0, 055569626 F, 05 t the said Party of the Scoond Part, its successors and assigns forever. iN WITNESS WHEREOT+, Th,8 said Parties of the First Part have hereunto not their b&4da $04 aeala and have excuuted these presents an Truatees of VXL DW DRSDGlWj COMPANY, a dIb- aol.v'ed Florida corporation. SIGNED SEALED AND DELVERED IN P ENCScc,OF, U : (SEAL) RL4 J -- --�// d /R. -•y�, as tee' V. d. ARKER ae to W. W. Artier STATE OF WORTH CAFtOLYNA ) 33. COUMV OF ASHE } Y HERF13Y CERTIFY that on this day of December, A. D., 1956, p4rnonnily appeared before me R. C. LASSITRR, who after being duly sworn, depoaea and aayeo That he, W. V. AIiNTsR and J. fit. BRUSTIWOOD were Vie Pl- rectors of the MLL DOG DREDGING COMPANY at the time of its dls- aolution on Juno 19, 19483 that J. W. DRUSI[WooD is now deceased and that affiany and W. W. ARNER are the duly qualified and act- ing Truatees for the said dissolved corporation; that affiant has signed the foregoing inatrumant as Trustee of BULL DOG DREDGING COMPANY, a dissolved Florida corporation, and that said execution by him Is his free sat and deed and for the uses and purpoaea therein mentioned. _..,.... .. «H. O. LASSITER SVORN.TO and 311WPHIBED before. wo in. _, oaid County and Sits e; dye list ardreab/ . fe-,3 mn'A'A Ivry Cohols'r iii" aze Of xlorlea.- 2 - JUL -22 -04 THU 03:37 AM 1 FAX N0, 055569626 STATE of FuniDA ) } 38. COUNTY OF DAD$ I HEMY CERTIFY that on tbis Al'asy or i7seeember, A D., 1956, personally appeared before Me N. V. ARMS WhO Af ;var being duly sworp, deponee•itnd sayst That he, R. a. LASSITER and J. W. BRDsRWoOD were the directors of the HULL DOG DRETDING COMPANY at,the time or its dissolution on June 19, Iq-,8; that 4. W. BRUS111109D to n0V decaaaed and that atfiant and R. U. LASSITER are the duly qualified and acting Trubtaes for the said dissolved corporation] that affiant hna signed the foregoing instrument an Trustee of BULL DOG D EPOING ComPANY, a dieaolve4 Florida corporation, and that said execution by him in his f rea act and deed and for the uaps and purposto therein mentioned. ARN%R: SWORN TO and SUB&CNZDXD before me` in 1Miami, meld County and State, the day and yjar last aforesaid. / Notary Fublic, Stets of Florida at Large - ttyr; Gemznia:'ian azTxl.res: ; Nolmr po o'c Slave al 8,0114 nr la•a. - A+, er,lro June: ,1A +:.q, , b0li -ff i by MM S,Menp b 1p.uraner, ca, Stale of florida, tounly of fiailc, This inslramelll was tiNd for rrlcvrei Ihe, !/. day otr and duly recorded in OFFICIAL RECORDS Oaok....,... ,.....on pope..- File RO, Gu e-. 13. lCaTHCIiMAN �- ClrJ Circuit Coga -3- P. 06 JUL-22-04 THU 03:37 AN 1 FAX NO, 055568626 P, 07 "C"Pa A A," a It I y "PCO110 roll" A-11 CVR4W14mm I Imarrauto, ar.rb 6th rixy.01, wwmlgs, lzuc., vjtijt,&-(e of Florlaa paring its pfirtrilml plate of b"x1w in Af C'ema"7'01 Dade AAd 51611. of FIC1.1. NW(Attly *WhOrltrli 10.00112nef 6I#Jt1ArM In she- $Idlr ,j I A,Filfil. pdelY the fir,i Pori. and YOWTG MIPS Clt�-ISTIAJI A�'_'CCIATIO!,' (111. coipor-ation, undor the ✓nWii'-Or th-e _'rata of Florl-,!,, 40 Nr r. 3rd Avo.) NIAMI • • 01 she Cr Aly of ria'do ­t Snuo aj F1 C.). 1.;I, of the A-vwad p■1 WIT. ES.SF111, Th- IAO Raid Pdri), of the rime part. Isir And in If 01'.• Save.n..4bousand, Five 11undrDd a•e u it hand PwM by the Mir! Fw?i y '01 FAP scrabd part. Ow n evipt tchwrisi is h-rrb, n,&a,m14,st4 A., • it—i-k hwohJ and "U to fhr raid pat# S n f (h., i•rond jxw. 5 F t: CC r:: ^ 4f:'m jiluale. hImp to,f brutp in 1ho Uokhiy of of the :;.W.1/1� of tiro N.E'.jIfil or V.s.1/1_ �Section 2 , Township 54 Couth, ;�o.r.jp )iC n z, containing' 5 acroo more or I -I-, Jr., Dade County, Florlda., !as;-uO L tharoof conveyed to Vado Caun;7, highijaj purpo-las SubjuCi tQ applicii.1-le zonlorg lei And the• Mid Puty 41 the"fleA pGrI 111I• hFIVIly flitt'j. IIVFjFtfPnl 'j1jT- f4filf- lP if burd. and welt de/en't 0- swine axoinjw'ih,• late /lit ciairna 1of art prF.pAq FY flo, YtO Party III Al. fie4s A!u raw-I Mew Ira" J,af( P✓-A• 1-nis In /ff- alxjjpqr Ift its ttamr by III proper 110im-ft, he C pf&O'hus. of fit, JUL -22 -04 THU 03:38 AM = 1 FAX NO, 055569626 PI 08 f I .t ,i• : T ` `•I t• +, '�7Fll P fal ,?'�SrC{hn }�}•y-uni r - .. 19ttvlr t)f �inrtba, • • 1 •fir (T:aunt{j'Ot pitd6. ?! Nerebt TrOVII, awl •'r1 brit c w. bar; I r'156 , r,, I. J .. ,t „• rrn1ansp! aryanrl•rr S . C. iTAIMOUD., f. and }i. i:.�4'i!b ?IPu�[}NJ r'J.veF�nlaadti•rn•frvr rnJoYhr,•1, „f GYt''F:Sli LtTJtl -` i���1::i r li;C r i a rrrrlmr,rljnJl rfuJbr rh, lntrs u/ dor ION. n( 'Fl orldn rn nf.' Anon, r If "Ur• rho- l •r,oni a fin ,f "n:fl thl. I'll"- 1;1,6tg lmhrrrnrJlyd n, fFI•b ugII.,I• no lril'pi1y arGn „I.Pf(AvJl Ills• r•It'Ihfuill IhtYPrr( tI'o 1f.• rhr•,r (na' art c•rrl flr'fY1 "rFl �Ilrh Qyf11'r'rR,fr dw i4 ,:. ugtF illrllnt „'r IlI "r[•rq eirw filled of tit dint Ihr.Y .fJrY.•rl ,h•'J: ra ,h,. npt• ri'd Jrat n( oq;l I'rnPl W Wn, nq,r Iil,tJ Ihl' ,nifl imlrrtmr•nf A rhn q: t on,/ d"A ill •nirr r•,vj>.•rrun,n �.�IltRlld' aJ! 1q,IIri/u,r and "it r•t.•r •,n1 u) (;grHl 00109, tr+ the C"JUU,'Ill DA40 r •In.r.rru,nt ,]oridn), Phe day end )"'Or Fall aJatrcalll. _ I }I•tef J Not .1'ab G 11! r,.fr•Ntl Sti,IlJ r'F1'II •'Ji_4 j ®r g • e �. A � = JI � ii . � !. }.t [I 1�' � ►gyp � tj iv :t .. � � M h. W M� :.J • • Y•' �� Y � �, "•ice Y.. 4 �� \r' � j mol 1 f '�7Fll P fal ,?'�SrC{hn }�}•y-uni r - .. • • 1 •fir '�7Fll P fal ,?'�SrC{hn }�}•y-uni r - .. JUL- 22--04 THU 03:38 AEI 1 FAX N0. 055569626 t - f s. •.iT yMiV i "'7 r,a vrC�r q ,• '•' ?i' F'`iu;``1+" y , ,#i1 v+E n ,rtsfS•i;'.t, - .`iY c ,S,.�x.i •�!f�:;•5{.1�;•�l ���;�ts' a �' d + ;i . yi; k.• ?�a a' -.''r - � t_ '�' f,. ,�} ' • i. • '' '`' ''bite' �3:• • - '- �A' �' xflt�ltQ�Olf�t: rilA�f 'N1►y�a4+kalrii ;di•!{ia3,Axitu Coauty, IttaLe oat ItwW 'tea w Aaianord, and Ig' bi +r`bxiapsad OA1% l40e riiidila at Rsd Boaa'. Nindt - floridr` �berarXpai'ter i'etetrred to as !'saeute ' r " ali3'a►Ba'Wx2as ' t1 3i-TeasntaIJJZ= LA][!a and her hnsbaafd CARL 1J" have rhea day 60aZveted V Deed to landlord SAW= h. RO"OVER, All that sertalu tract Of lsod aituxto in DO* County$ $tat* of Florida, 4t40rihed as folio "al• - The Worth f of the Boulh ! of the M* of the pt t,je M* 0 oution 240 Town- ship 44 5&%.t 4t, Aaiege 40 Sant of Talle- bass.• meridian, a" Utz, in Oonsideratte.0 or said oonvsyarae, BA]SAM L. ROQCOY,B2t has agreed to lease a portion of said land to the T +meats abore ns;xod during the rest of their natural lives# *OW TOXWORS, in oonsidorstlaA of Ons and Nor* Dollars, the Dsed above ret'erred to find the isatual coven- anto' horeia uoutainad, it is agreed as followai- The Dr ndlord hereby lets unto the Tenants a-zd the said Tenants hereby Mrs 4an 'the said iaodlord that portion of the proalaes desea•i.bad is the above suntioned Deea fro4 M11E LW and CAM, 1ANS to SAMUEL L. ROCIMM, dated this day and more partioularly desoribed as folluvst- toginnlrig at a,point at the Northeast oorner of the paraa� dsseribed is the deed abore rersrre¢ to, ubleh. point is loeated Sa that MohpaY known to Red Road and'raays',thinse Westerly a1o4 the Worth - Arly bounds 'of ttw areel daser1W in dud, 'da+t4. to w'poLt opposite i point S'• tl!ai%4rly 9f the reel' $head loeated oA the totwa.l■ia `blue leaved theatre ranging 4014 aerly pea * lei. ?VNL 9s4 Road tbrough weak poina ' a. x *N$ajrl* of the tool, obad to .00 eo+ujk be"dr• of the prwapea do- sarlbad• 10fof.,gl'*►ArsptZ+tflatd deeds b xdf : e Vf pall rty to Red Readl "wait, vaptgesa� ited RNIC to tine P. 09 JUL -22 -04 THU 03;39 AM 1 FAX NO, 055569626 E 10 ;'1 �, ,; •J 'iii. °. rIH 1• j5 rite „'•''F V ���Ad gy; r.. a :l ?�': !. .it?.' t,. 1 .F !: 1i, t I , Flt!1; =• -i fyt C ` .C�i S•+ M1',� T 7 41 yr� •S• i�•fl },A�•A” ,� "E35 +�. t�••.! +Fq • • ''� ql ?�r'Y'j,•ri 'f•i }'S ? +'f.�: ' a�C . }!•.j f j��. ti•; A. )tirl point! sip xw+s '.r�s '� /• ;.;.,`.�� t: S np The tom of . mdi..lease" aiRIA; Vo for the` aa, ;- • t:' of each of thi'j$Q'ii W Sd TOM MS � iia3'���isAibe i8slli **as* and tsrmimto upon t ►,dsath o$ the'silrrA�er bt• thiwi+ ; F ::, The rout shall b+i Ow (il.60t1 Dollar mar year 1w the Tenants to the Laidlard on the date 11Areo#.11x0. amvsily thereafter daring the'term of said lease, ill I adrsnse, In addition -to said rea,tals•the Tenonts shall pat all i taxes aMd assessments levied gala• aeseseed by the raderal, State, county and ltstdaipal oo"romenta on t4a entire lot desarlbed in the deed from the. Tenants to tbs LarA;Ovd at hhoneatead rates, The yndlarsd shall pay the excess to :es oimr the homstead sates. this leasefsh ll be, terminated and the Landlord sfa11 have th, right to rekeuter the de-. - mis d prinimov after dotaUit IA the payMxt of arpr tax or a,asommmoot or ineuranoe prm►iuM for thirty days after writ- 5 ten notion and doxarsi thereof served an the Tenauts by. regla tored mail at the doxised prs>A1ses. aovover, it the Lapolor should make isprov"anta and greet structures on that porti011 of th6romisem deserrlbod in the aforesaid deed not hereby. Y leased to the Tenants, tarn IVJ that ese!at the %fandlcrd stsall pay tames un all of the proalsas dsmaribed in said deed exoept .tljat portion hereby leased. As additional rental, the 1!enantx shall hereby agree to par for all five insuranes pr4mivaa ea ail tuildimgs located on the leased proAdmes and said fire insur#noa policies' shall be In tho mum of $15,0094 In case of dazaaga or do- struntiop by fire to the dmiped premissi, the Landlord phal use the proesads of this fire insurance policies for the re- pair or replaosaten$ of the 4+nraged or de■trolsd buildxogs. The Tenant' shall also 9w"k'r a (i*%oval Public Liabilitl f polio? �kk b4khe3f of fhe L,SIlilardp in .ths. rename of d1oy0Q0,, The Ifmants &hall',lblt• 3.9"t or 001eaae w q portion ' 2. ty 1'' "•t _ ' } i , j �YA �l� 4• / 1 t �i,�N;.;f.f'',, f,� ....•, .. , ..e .!; � 1' . a' '`, �g.: :•i'!•�r rl �' •tali G. },:ia 'l-.. <.S s'ti `•. %i- '.^�.' yA! . 1 :'r.,i itR.li�:. ir' ... f...l� ✓. .t... .. .n .i. e . ae . r .. JUL -22 -04 THU 03 .'39 AN 1 FAX N0, 055569626 P. 11 3,r.;; ,J 'r �q 'tire f;;l r_.•'�•:.1 '�,'J. J, •�S''Ii'' �lf 1� �lr:. 1 %,1. Y T,��� �.,, /to r�. :�� '+ •; l p Til �� � �• � 4' -r R�s4.iy19 ' :a'����- �•:b��; r •; ,i i :T `ti :";t'. t. l' ,� L �,�; ��'..,yp S: i, �;��,;r. �.` +^��1u:,'i.-'��,9,,' „;; ` a v t ►��hi ' R �A al ti rl40'.00 N: 9P PL`' th's LAndlordi. k;`: ; ; .. <; r ,All' steraEi'l1g” eddy Ltl� ` g►r a ra,' oar i :�'• .r•�DCR,'j,: rr� ;;.� �,, ..; e.. , ,;.,�•, ..,,.'... di,,;•p't.:" S .•..i'''Y: �:<'• '• t�yi v• a to op$ to `tea loiikesd premiiees + elaiall be 3>aade by the • Teman i''atb 'th r ok4 Cost Tatar e7tperiae' and a?aa]1 become the property at uie Y,aMloid at the terminatlon Of thim'laaae. That maid Frealants agree, that the paid Zandlord and. Agents, and othor•repreaantativea, snail have the, right to plater into and Alton said prelvisiss or any pert thereor, at All reasonable hvure for the purp000 or examining the some, or making alich rapalrts or Al. srdtionm therein as may be neosseery for the safety and'pramarvation theveor. If dorault be made in the covenanta pertaining to taxoe and ihauranae hAroin ontalrxd, then it shall bo lawful ror the Landlord to re -enter the eaid•leased premises and the aatRa to have Rgaiti, reposeesm and 611 JOY. And the Bald Landlord door eovenant that the sold Tenants on pexfprming the covenants aforesaid, shall and may peateablr,and quiotly navp, hold and enjoy the said demised preraises ror the term,efoponaid. in WITHLSS W9tRynr`, 4tit+ partiee how intorchnngoably i net their hands Arld coalm itie' day a�x1 year Sirmt bove written. Landlord r � 1: 1 An 31gued, ■en1hd and delivered ..- I is tho preaenae or �, ; !v :j�jll ��i� - +`: Jif♦ ',.l'v :'.,,�; .. .C�iS !`XIJ r � 1: JUL-22-04 THU 03:40 AM I FAX NO, 055569626 P. 12 I iC--, , T,j 1. / I . 0;1A'.--'.N • ,MIT S. q STATE OF -WhIi: YOPA OF . CoUNTY. '18 LWVJM. Lr Humi 0`AT1V,*Aha4oA this day personally appeared batore melp &A 6triaor' tq administer dath4 and take aa)u1Qv10dVW1xtu. AAKM W ROCOWIM. and NAME ROCROWR" to 140 wall U-n~ to be the P*raons tl&r6rlbsd In and who executed thi iorego;iiig lease, and acknovl6fted betore me rhat they 6xiout1d the same freely and voluntaril for the purpose 'therein axprenned. AND I FUIITMM CkMTIPYA' That the said IfATTXF ROCJKIDWERm knows to moo to be the iIfH of the said SAMMI L. ROCKOM, an a separate and private ejainInutjoil taken and made by and Wore me, separate17 iind apart 60M her said husband, , 14 Rcknowledpa that pho jo&ds harself a party to SRid lease for the purpose or renounulng, relinquishing, and conveying all her right, title and interest., Uhather dower, homestead or of doparAto proportyp a atutory or equitable, in and to the oramloes described therain, and that she ezeauted the said leRee freely and voluYARI'lly and without any oompulaic: conntraint, apprehension ar fear of or from liar 4414 husband. fJ WXT)F=3 nq hana.ajLd or r.10JI11 noul at County of Sullivan and State of Now Xork, this 4ay or Septombar, A.V, 195.10 Su1jivad GountY ot3ty Public 453 Ste 0 Y01k No. tho ta jM,30, A' 14 L A. R JUL-22-04 THU 03:40 AN I FAX NO, 055569626 P. 13 17 "A' X kil i ' MMOPY, thlit; on thin day ytvx6rA2ly appeared befors aop in pril pGia'ata* tuthovitedrta AdmIrdater oaths And take AoknoviadWZeM JFXUXZ XJM and CARL.YAOZSO to me Weil kn-6wa to be the person dei,rIbzd in and wl ; w exeoutod the foregoing leaser and aeknoWlesiged baroro me thit they DMOCUt6d the 1prga f r661Y and volwitarily for the purpose theroln axpreBned, AND I 'FURTHER 09RTIFYj 'That the vald JSWE LAXS, known to me, to be the Wire of tho said CARL LAKS, on A I [vaparate and private OX&MiURtIOn taken and made b7 and before me, 86PRPAtely and APArt fPOM her aaid hunbandt did aoknowladg6 that ahe made her -gall a party to said lease :tor the PurPORO Of rDnOunoiy4g, relinquiahing and convoying All h0v 1-1911ts titla and interest'' w1lethar dower, hoiumatbjid Or Ot 5"PArQtO property, atatutory or equitable, In and to the prozaiaeB doveribed therein, azp'd that ghe oxecuted the 3ald lefias frouly and voluntarfky' 1,nnd without Any compulsion, c0rWtyftint, apprahension'or fear 0'f or .from •ir a id husband• NJ M98 my hand And OMcItkl;:Avaj at County or Sullivan and .State of Has York, i thin e) dny of Soptember, A-D, 19.53, N "I -ary Publio 7* AURED N. BUK Notary Public SWIN-In County tiff the Mall 01 t*f4 I wo" Nialch Mr JUL -22 -04 THU 03:41 AM 1 FAX NO, 055569626 P. 14