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Resolution 8717 RESOLUTION NO. 8717 WHEREAS, the owners thereof have offered to convey to the City of Miami Beach a portion of Lots 13 and 14, Block 5, BEACH BAY SUBDIVISION, in order that a sidewalk may be constructed on that portion of Harding Avenue upon which the said land abuts; and WHEREAS, the City of Miami Beach has heretofore agreed, in consideration of said conveyance, to meet the entire cost of highway paving, curb and gutter, sidewalk construction and White Way light installation adjacent to said land; and WHEREAS, in connection with a recent mortgage loan obtained by the owners of said land, there was retained, out of the proceeds of said mortgage loan by the escrow agent for the mortgagee, the sum of .x:1722.00, which sum was to be paid over by said escrow agent to said owners upon the discharge, satisfaction or release of any claims of lien, pending or certified, by the City of Miami Beach on account of said municipal improvements; and WHEREAS, it is deemed to be to the best interests of. said City to relieve the said owners of the burden of being required to permit said sum of $1722.00 to remain with the escrow agent for an indefinite period of time, until the liens for said municipal improvements can be certified and paid off by the City; and WHEREAS, the City Attorney has prepared an agreement in connection with said transaction, with the terms of which the City Council is familiar; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Clerk be, and they are hereby authorized and directed to execute said agreement in the name of and in behalf of said City. BE IT FURTHER RESOLVED that upon the execution and delivery of said agreement by the said owners, and the delivery to the City Attorney of a conveyance of the portion of said lands to be conveyed by the owners to the City as aforesaid, the City Manager be and he is hereby authorized to make the disbursements called for by the terms of the said agreement out of the funds of the City available for the said purpose. PASSED and ADOPTED this 2lstday of April ,A.D. 1954. payor ATTEST: C. W. omlinson, City Clerk Deputy City Clerk OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA O 4-i* O rd O 4-c U O O cd 4-3x Ocn .n0a) H x ° w, o ti co 0 cf21 HIc'i rn a) O r1 N Q) • U2 a O ra3 • 60O a z 4-3 �, .as~ Q, O - 0 Z .H $: H H N .- cd cd H ti-i f~ 03 4-3 O a 0 a) H � 0 i 0 O _ 4.3 a) co U .0 a) 0 a N cd -P rd a) d tzO O a) � cd �-1Cr3 rn <4