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Agreement 8/16/57 ,# THIS AGREEMENT made and entered into this If{~; day of tla ~Adf.. ' 1957, by and between RAILEY -MILAM STORES, !NC., a Florida~orporation, party of the first part, hereinafter referred to as the Owner, and the CITY OF MIAMI BEACH, a municipal corporation of Florida, party of the second part, hereinafter referred to as the City. WIT N E SSE T H : That for and in consideration of the mutual covenants hereinafter set forth, the parties hereto agree as follows: 1. The Owners will sell and convey and the City will purchase that certain parcel of land situate, lying and being in the City of Miami Beach, County of Dade and State of Florida, described as follows, to wit: Lot Ib, Block 40, ALTON BEACH REALTY CO. SUBDIVISION of the West half (i) of Blocks 17 to 40 and 45, according to the Plat thereof, recorded in Plat Book 6 at page 165 of the Public Records of Dade County, Florida. 2. The Owner will, within days from the date hereof, furnish to the City an abstract of title continued to date of closing transaction and showing the Owner's title to be good and marketable. 3. The OWner will convey the said land to the City by good and sufficient warranty deed, free and clear of all encumbrances, except restrictions of record; such municipal improvement liens as may be pending but not certified at the time of the closing of the transaction contemplated hereby, and taxes for the year 1957. Taxes to be prorated as of date of closing. 4. The City agrees to pay to the Owner as the full purchase price of said land the sum of Nineteen Thousand, Five Hundred and Twenty Five Dollars ($19,525.00) cash. 5. The transaction contemplated hereby shall be closed not earlier than c/m6er J ~ /1"57 and not later than lfpj/tH/6Er.Jfj If.;7 -1- OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39. FLORIDA 6. This agreement shall be binding upon the parties hereto, their heirs, successors and assigns. IN WITNESS WHEREOF, the City and the corporate Owner have caused this agreement to be signed in their names by their respective duly authorized officers, and their corporate seals to be affixed, all as of the day and year above written. (Corporate Seal) RAILEY ~~~A~~O~S~ INC. By dte~{I4l!J (SEAL) Atte~t: ~ )J ~fJ!L. y er STATE OF FLORIDA) CITY OF MIAMI BEACH ~~ By / ayor // SS: COUNTY OF DADE) I HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized to administer oaths and take acknowledgments, F. G. Railey , President, and R. M. Miller , Secretary, of RAILEY_MILAM STORES, INC., a Florida corporation, to me known to be the persons described in and who executed the foregoing agreement, and severally acknowledged the execution thereof to be their free act and deed as such officers, for the uses and purposes therein mentioned, and that they affixed thereto the official seal of said corporation, and that the said instrument is the act and deed of said corporation. WITNESS my signature and official seal at ?)t{~{>Yn.<-' in the County of Dade and State of Florida, the /6 ::.' day of {Z"'{"~FU_<l..i, '/ 1957. /.. . ..,.....l~.", ( ..j.../ /''j- / L' j ,U-t>-t.. ~./, ;yt'--<-'f'l/ZA::,:-..... '1-,.... Notary Pub1ic, State of Florida at Large My commission expires: Notary Public, Stote ot Florida at large Mv commission expires June 27, 1959. Bonded by Mass. Bonding & Insurance C.. -2- OFFICE OF Cl'l'Y ATTORNEY - Cl'l'Y HALL - MIAMI BEACH 39. FLORIDA