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Settlement & Release of Liens Authorization 946 Bay DriveSETTLEMENT AND RELEASE OF LIEN(S) AUTHORIZATION PROPERTY ADDRESS: 946 Bay Drive, Miami Beach, Florida PROPERTY OWNER: Bay Drive Villas LLC CASE NUMBER(S): Special Master Case #JC06000470 NATURE OF LIEN(S): Code Violation LIEN AMOUNT(S): $282,065.00 LEGAL DESCRIPTION: OCEAN SIDE SEC OF ISLE OF NORMANDY PB 25-60 LOTS 11 & 12 BLK 1 LOT SIZE 100.000 X 170 OR 23294-1736 03 2005 2(3) BAYEVE APTS INV INC 73R 7088-89 GEORGE TIBERIO PAULA & OR 13127-330 1286 5 Purs~.tant to the authority vested in the City Charter to enter into Settlement Agreements for liens against property filed by the City of Miami Beach, this Settlement Agreement is entered into with Bay Drive Villas LLC., the property owner at 946 Bay Drive, Miami Beach, Florida, to settle and provide for the release of the lien(s) as indicated herein. The City Clerk of the City of Miami Beach is hereby directed and authorized to release the above referenced lien(s) imposed upon the real property at 946 Bay Drive, Miami Beach, Florida, pursuant to conditions herein and as described herein. Condition(s) of Settlement: This lien in the amount of $282,065.00 is settled in consideration of receipt of $20,000.00 receipt of which is hereby acknowledged. The property owner warrants that subject property is in compliance with City Codes. r . Gonz ez City Manager ~ Robert C iddau Assistant City Manager ~'~a~(~ o~ Date c~`• ~3 ~-o~' Date AGREEMENT TO SETTLEMENT AND RELEASE AUTHORIZATION I have read this SETTLEMENT AND RELEASE OF LIEN(S) AUTHORIZATION, regarding 946 Bay Drive, Miami Beach, Florida, Special Master Case Number JC06000470 and lien amount of $282,065.00 and I understand and agree to its terms and have executed same for its ptuposes herein stated. Accepted by: Villas LLC ~ ( V `~ ~ , ~ STATE dF FLORIDA ) ) SS COLTNTY OF MIAMI-DADE ) The foregoing instniment was acknowledged before me this ~ day of 5~P 1 e4zd~j~V~- , 2009, by , and , who have produced her/his driver's license as identification 1nd who didJdid not take an oath. ~~~~ ~ ~~~-~~~~,~IRES: NOTARY PUBLIC, STATE OF FLORIDA ,,.,,",,,, Beth Barasli ~=.Commissian ~#BD786252 '•,..,~,,.,o~ ~pires; JIIN~ 24, 2012 `~~„~~..~,,~ `~' 0(2 G~ s~ ~ot~7~A ~IR~ nT?+~i~ ~~a'~~ve Ee,, ~*r~: '~-'~ r - (./ PRINT NAME F:\cmgr\$ALL~BOB\lien settlementBayDriveVillasLLC946BayDr.doc 2