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Assignment of Contract Rights~ om g _ ~ G 9s's- ASSIGNMENT of Contract Rights This Assignment is being entered into on this S- day of ~;,r,~w~ 2009 by and between MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, a Florida not for profit corporation ("Assignor") and MBCDC: Meridian Place, LLC. a Florida limited liability company ("Assignee"). WITNESSETH, that for valuable consideration in hand paid by the Assignee to the Assignor, receipt of which is hereby acknowledged, the Assignor hereby assigns and transfers to the Assignee and Assignee hereby accepts. all of its right, title and interest in and to the following described agreements: Assignor's rights under the $160,230 CDBG Agreement executed with the City of Miami Beach on October 1, 2007. Provided, however, no warranties of any kind whatsoever are made incident to this Assignment. IN WITNESS WHEREOF, the Assignor has executed this Assignment on the day and year first above written. Miami Beach Community Development Corporation/Assignor gy _ - Date:. 1 Ij G ~~ -^ Rober~s.President Attest: ~__~r..---- Date: ~ ~ ~' fj /Js/Secretary MBCDC: Meridian Place LLC/Assignee gy. Date: )~h ~ ~~ Sclc embe h Commundy Devebpment Corporation Robe a .e r Attest ~~~~~Z/~-~c-~`~ Date: / 5 t ,:payer- Miami Beach Community Deve menl Ccrporavon Kari Kennedy, Vice Presrdent f tne~o'•F+SG-CD+1.itK'.tde~itlian ASSiscnmeop.RBCDC -Nnen nssignmeM.coc