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Settlement & Release of Liens Authorization 950 Bay Drive~ SETTLEMENT AND RELEASE OF LIEN(S) AUTHORIZATION PROPERTY ADDRESS: 950 Bay Drive, Miami Beach, Florida PROPERTY OWNER: Bay Drive Villas LLC CASE NUMSER(S): Special Master Case #JC06000945 NATURE OF LIEN(S): Code Violation LIEN AMOUNT(S): $74,249.00 LEGAL DESCRIPTION: OCEAN SIDE SEC OF ISLE OF NORMANDY PB 25-60 LOT 10 BLK 1 LOT SIZE 50.000 X 170 OR 23294-1736 03 2005 2(3) BAYEVE APTS INV INC 73R 7088-89 GEOR~E TIBERIO PAULA & OR 13127-330 1286 5 Pursuant 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 950 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 aliove referenced lien(s) imposed upon the real property at 950 Bay Drive, Miami Beach, Florida, pursuant to conditions herein and as described herein. Condition(s) of Settlement: This lien in the amount of $74,249.00 is settled in consideration of receipt of $15,000.00 receipt of which is hereby acknowledged. The property owner warrants that subject property is in compliance with City Codes. /J~o,r e . G nzal~~ l~ Y ber ~ Robert C. ddaug Assistant City Man q-a~-o~ ~~ Date ~ -23 -a 9 Date AGREEMENT TO SETTLEMENT AND RELEASE AUTI30RIZATION I have read this SETTLEMENT AND RELEASE OF LIEN(S) AUTHORIZATION, regarding 950 Bay Drive, Miami Beach, Florida, Special Master Case Number JC06000945 and lien amount of $74,249.00 and I understand and agree to its terms and have execltted same for its purposes herein stated. Accepted by: ----~''~' -- ~ ~~ v Dr~e Villas LLC STA.TE OF FLORIDA ) ) SS COLINTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this /~~ day of S e~ 7~1~d ~el'G.- , 2009, by , and , who have produced her/his driver's license as identification and who did/did not take an oath. f J ~S~"~ MY COMMISSION EXPIlZES: NOTARY PUBLIC, STATE OF FLORIDA '~OTARX PUBLIGSTATE OF FLORtD.h ,~~~°"°-., ~eth Barash x ~, ~:Commission #L~D786252 L~ ~~, ~c~ ~~~ 1~ : Expires: JiJNE 24, 2012 f ''~~ os„~ ~e~a~~u ~iTa fl~~e sor~nsG co, INc. PRINT NAME F:\cmgr\$ALL~B OB\liensettlementBayDriveVillasLLC950BayDr.doc 2