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Settlement & Release of Liens Authoriztion 960 Bay Drive_ __ _ _ _ _ SETTLEMENT AND RELEASE OF LIEN(S) AUTHORIZATION PROPERTY ADDRESS: 960 Bay Drive, Miami Beach, Florida PROPERTY.OWNER: Bay Drive Villas LLC CASE NUMBER(S): Special Master Case's #JF06000309 & JC06000483 NATURE OF LIEN(S): Fire and Code Violations LIEN AMOUNT(S): $214,863.00 and $368,374.00 LEGAL DESCRIPTION: 2 3 10 11 53 42 OCEAN SIDE SEC OF ISLE OF NORMANDY PB 25-60 LOTS 8& 9 BLK 1 OR 23294- 1736 03 2005 2(3) NORMANDY VILLAGE ASSOC LTD OR 12861-2476 04862 S JAMES COHEN TR OR 15354- 1742 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 960 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 960 Bay~ Drive, Miami Beach, Florida, pursuant to conditions herein and as described herein. Coridition(s) of Settlement: These liens in the amounts of $214,863.00 and $368,374.00 respectively are settled in consideration of receipt of $40,000.00 and $15,000.00 receipt of which is hereby acknowledged. The property owner warrants that subject property is in compliance with City Codes. ~Ja~'~ ~I or e M~ zalez Date ' y Manager ~ , . cl -.23-c~~ Ro ert C. 'ddaugh Date Assistant City Manag AGREEMENT TO SETTLEMENT AND RELEASE AUTHORIZATION I have read this SETTLEMENT AND RELEASE OF LIEN(S) AUTHORIZATION, regarding 960 Bay Drive, Miami Beach, Florida, Special Master Case Numbers JF06000309 lien amount of $214,863.00 and JC06000483 lien amount of $368,374.00 and I understand and agree to its terms and have executed same for its purposes herein stated. Accepted by: / ~ Drive Villas LLC STATE OF FLORIDA ) ) SS COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this ~~ day of S e~ T~~~c ~~'~- , 2009, by , and , who have produced her/his driver's license as identification and who did/did not take an oath. ~~ MY COMMISSION EXPIRES: NOTARY PUBLIC, STATE OF FLORIDA 19TOTARY PUBLIC-STATE OF FI,QR~ ~ •~ ~•~. 13e~h Barash ' ~, o' : Commission #DD78624.2 ~~ ' ~~ ,' Expires: NN~ 24, 2('t22 sorim~Txxve~rr,nrrrtcsormu~GCO.,rnc. pRINT NAME F:\cmgr\$ALL~BOBUiensettlementBayDriveV i 11asLLC960BayDr.doc 2