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HomeMy WebLinkAboutR-1991-012 bi RESOLUTION NO. 12-91 A RESOLUTION OF THE CITY OF DANIA, FLORIDA, APPROVING GENERAL RELEASE BETWEEN THE CITY OF DANIA AND DANIA ECONOMIC DEVELOPMENT CORPORATION RE:.EASING DEED RESTRICTIONS COVERING LOTS AS SET FORTH IN GENERAL RELEASE; AND PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA, FLORIDA: Section 1. That that certain General Release between the City of Dania and Dania Economic Development Corporation releasing deed restrictions covering lots as set forth in said Release , a copy of which is attached hereto and made a part hereof as Exhibit "A" , be and the same is hereby approved , and the appropriate city ,l} officials are hereby directed to execute same. j Section 2. That this resolution shall be in force and take j effect immediately upon its passage and adoption. d � PASSED and ADOPTED this 26th day of February , 1991 . MAYOR - COMM3 SI R ATTEST: ` CITY CLERK - AUDITOR APPROVED AS TO FORM AND CORRECTNESS : FRANK C. ADLER, City Attorney 12-91 Resolution No. r" GENERAL RELEASE KNOW ALL MEN BY THESE PRESENTS: That, the City of Dania, a municipal corporation organized dnd existing under the laws of the State of Florida, first party, for and in consideration of the sum of Ten and 00/100ths ($10.00), or other valuable considerations, received from or on behalf of DANIA ECONOMIC DEVELOPMENT CORPORATION, a Florida not-for-profit corporation, second part, the receipt whereof is hereby acknowledged: '- (Wherever used herein the terms "first party" and "second party" shall include singular and plural, hairs, legal representatives, and assigns of individuals, and the successors and assigns of corporations, wherever the context so admits or requires.) HEREBY remise, release, acquit, satisfy, and forever discharge the said second party, of and from that certain restriction set forth below contained in the Special Warranty Deed dated March 6, 1989, and filed in Official Records Book 11306, at Page 905, of the Public Records of Broward County, 'y Florida, between the City of Dania, Florida (Grantor) and Dania Economic �•.- Development Corporation (Grantee) upon the property described on Exhibit "A" attached hereto and made a part hereof: "This property was purchased utilizing Community Development Block y. Grant funds granted by Broward County Board of Commissioners. In � _( the event the property is no longer used for the provisions of the !. affordable housing for low%moderate income residents of Broward + County, the title to the-' property shall revert to grantor, City of Dania, Florida." q IN WITNESS WHEREOF, we have hereunto set our hands and seals this \.,�. day of February, 1991. jSigned, sealed and delivered in the presence of: CITY OF DANIA, FLORIDA, a municipal corporation organised and existing under the laws of the State of + Florida P - BY; - STATE OF FLORIDA ) - ss: COUNTY OF BROWARD) I IIEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared as Of the City of Dania, Florida, to is known to be the ,k}�GG�!`�nNr>%+k�aPyb."ek , ++gt+ia.;•7iN Person(s) described in and who executed the foregoing instrument and he acknowledged before me that _he_ executed the same. — — WITNESS my hand and official seal in the County and State last aforesaid this _ day of February, 1991. NOTARY PUBLIC My Commission Expires: EXHIBIT "A" 4 � [XIIIBIT "A" Lots 3, 4, 5, 7, 11. 12, 18 and 23, of COLLINS PARC, according to the Plat thereof, as recorded in Plat Book 141, at Page 17, of the Putlic Records of Broward .. . ..,;:;. ;.�. County, Florida. 1 1' J , •f�Stl•icy-�w"y�^�'.`.�` ..,iiDri .'• , I, a ,��7 � . a 4 �. i �,� V