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Agreement 4/1/1955 lYlC Vi c, ,. -_.~' AGREEMENT THIS AGREEMENT, Made and entered into this /".;z;- day of ~ , A.D. 1955 by and between HELEN COSTELLO, a widow, party of the first part, hereinafter referred to as the OWNER and the CITY OF MIAMI BEACH, a Florida Municipal Corpora- tion, 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 agree as follows: 1. The Owner 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, State of Florida, described as follows, to-wit: The northerly twenty-five (25') feet of Lot Seventy-six (76), Block Ten (10) of OCEAN SIDE SECTION, ISLE OF NORMANDY, ac- cording to the plat thereof recorded in Plat Book 25, page bO of the Public Records of Dade County, Florida. 2. The Owner will, within twenty (20) days from the date hereof, furnish to the City, an abstract of title 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, zoning ordinances of the City of Miami Beach, Florida, such municipal improve- ment liens as may be pending but not certified at the time of the closing of the transaction contemplated hereby and taxes for the year 1955. OFFICE OF CI'1'Y AT'l'OIUllEY - CI'1'Y JIJLLL - MIAMI BEACH 39, FLORIDA 4. The warranty deed is to provide that title shall immediately be re-vested in the Owner, her heirs, successors or assigns if the City shall cease to use said land for the off-street parking of automobiles, and shall abandon the said land for such use. 5. The City agrees to pay to the Owner as the full purchase price of said land the sum of Six Thousand ($6,000.00) Dollars cash at the time of closing the transaction contemplated hereby, 6. The City agrees that no municipal improvement liens will be claimed or assessed for any portion of the cost of constructing a sidewalk and pavement upon the lands to be acquired or the lighting thereof. 7. The transaction contemplated hereby shall be closed not earlier than , and not later than 8. It is further agreed by and between the parties that the City may, after delivery of the deed herein called for, demolish and remove that portion of the existing build- ing on Lot 76, Block 10, Ocean Side Section, Isle of Normandy, Plat Book 25, page 60, which extends over and upon that portion of Lot 70 hereby agreed to be conveyed, provided, however, that the City, as an incident to such demolition, shall make, or cause to be made, at the cost and expense of the City, certain structural alterations and changes in the remaining portion of said building, as more particularly shown by a certain blue- print, examined, approved, agreed to, and signed by the Owner, a copy of which is attached hereto and made a part of this agreement, as Exhibit "A", as fUlly as though set forth herein. It is further agreed that the work shall be completed within a reasonable time after its commencement and shall be done in a good and workmanlike manner, and that the material and fixtures used shall be of standard quality appro- priate to the existing building and that in the event of any -2- OFFICE OF CI'1'Y AnOIUllEY - CI'1'Y BALL - MIAMI BEACH 39, nORmA dispute between the parties as to the quality of workmanship, materials and fixtures used or to be used, such dispute shall be referred to and finally determined by three arbitrators, one of whom shall be the City Building Inspector, one to be designated by the Owner, and the third to be appointed by the two arbitrators herein designated. 9. This agreement shall be binding upon each of the parties hereto, their heirs, successors and assigns. IN WITNESS WHEREOF, the party of the first part has hereunto set her hand and seal and the party of the second part has caused these presents to be executed in its name by its duly authorized officers and has caused its corporate seal to be affixed, all as of the day and year first above written. presence of: 1!,J,... f-,<Lh (Seal) CITY OF MIAMI BEACH By Attest: g;'~~rte...., ~ STATE OF FLORIDA ) l 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, HELEN COSTELLO, a widow, to me well known to be the person described in and who executed the foregoing agreement, and she acknowledged before me that she executed the same for the purposes therein expressed. IN WITNESS WHEREOF, I have hereunto set my hand and official seal at Miami Beach, Dade County, State of Florida, this I~ day of ~/ , 1955. ~--D /~ Notary u c,State of Florida at Large Not<.,- ~h....bl1c, State of Flcr1da G1 Iprae ~~\ ..,~;:. .0xi'ires f\4C. 28, \ 9~. , C - ~]f,,~ v My commission expires: -3- OFFICE OF CI'1'Y A'lTOIUIIEY - CI'1'Y BALL - MIJLMI BEACH 39. FL01lmA