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HomeMy WebLinkAboutTermination & Abandonment Agreement ,?-ODb- ;J h '3 7 ~ 111111I111111111111I11111111111I11111 fill 111I This instrument prepared by and returned to: CFN 2007R0033347 OR Bk 25266 P9S 2510 - 2513; (4P9S) RECORDED 01/10{2~)7 13:00:22 HARVEY RUYIN, CLERK OF COURT MIAMI-DADE COUNTY, FLORIDA Laura R. Gangemi, Esq. Greenberg Traurig P .A. 1221 Brickell Avenue Miami, Florida 33131 TERMINATION AND ABANDONMENT AGREEMENT THIS TERMINATION AND ABANDONMENT A ~GRJ:EMENT (the "Termination") is executed and delivered as of the /..,.t day of/~, 2006, by the CITY OF MIAMI BEACH, FLORJDA, a Florida municipal corporation, the mailing address of which is 1700 Convention Center Drive, Miami Beach, Florida 33139 (the "Citv"). RECITALS 1. TRG-BLOCK ONE, LTD., a Florida limited partnership (UTRG-Block 1"), is the owner of certain lots and other property legally described on Exhibit "A" attached hereto (the "TRG Property") locaied within Block 1 of the plat of OCEAN BEACH. FLA, according to the Plat thereof, as recorded in Plat Book 2 at Page 38 of the public records of Miami-Dade County, Florida (the "Plat"). 2. Block 1 of the Plat includes a twenty foot (20') wide alley (the "Alley") that the Plat dedicates to the perpetual use of the public (such dedication is referred to herein as the "Plat Use Dedication"). 3. The portion of the Alley that lies westward of Lots 5 through 8 in Block 1 of the Plat and eastward of Lots 9 through 13 in Block 1 of the Plat has been vacated and the public use rights therein terminated pursuant to and subject to the tenns of Resolution No. 2004-25655 (the "Resolution"). Such portion of the Alley is referred to herein as the uYacated Alley". 4. The City is executing, delivering and recording this Termination to effect of record the termination, abandonment and vacation of the Y acated Alley and release and termination of the Plat Use Declaration with respect to the Vacated Alley, all subject to the terms of this Termination. NOW, THEREFORE, in consideration of the Ten and No/tOO Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City hereby declares and agrees as follows: 1. The foregoing recitals are true and correct and are incorporated herein by this reference. Error! UnkDIIWII docummt property aame. 2. Subject to and conditioned upon either (a) compliance by TRG-Block 1 with any required conditions of the City and all utility companies with regard to any and all costs and work related to the relocation of utility easements within the, Vacated Alley, or (b) receipt by TRG-Block 1 of letters of agreement of no objection by such utility companies~ the City terminates, abandons and vacates the Vacated Alley and releases and tenninates an rights it has with respect to the Plat Use Dedication with respect to the Vacated Alley. 3. Upon the occurrence of either 2. (a) or (b), the Vacated Alley shall be deemed terminated, abandoned and vacated by the City, and aU rights the City has \vith respect to the Plat Use Dedication with respect to the Vacated Alley shall be deemed fully and forever canceled, terminated, extinguished, abandoned and held for naught. Upon the occurrence of either 2. (a) or (b), TRG-Block 1 shall record a statement in the recorder's office of the Clerk of the Court of Miami-Dade County, Florida, and submit a copy thereof to the City Clerk, referencing this Termination and stating that either (a) or (b) has occurred. 4. The City's interest in the Vacated Alley shan remain in full force and effect until the items in 2 and 3 above occur, including the statement recorded and copy thereof submitted to the City Clerk. This Termination shan be binding upon the City.and its successors and assigns, and shall inure to the benefit ofTRG-Block 1 and its sueeessors ,nd assigns. j ~ I' . A 1" ' . CITY qF, I I1 BEACH, FLORID~ . A\t.u. ~ (,VlLLU\...a municip : " . r oration Q~C~ . Robert Parcher APPROVED AS TO FORM & LANGUAGE & FOR UTION ~ /o&~- ~ 2 STATE OF FLORIDA ) )ss: COUNTY OF MIAMI-DADE ) . I HEREBY CERTIFY that the foregoing instrument was acknowledged and executed before this 14 day of .A)bd. ,2006, by Pqt/~J.. j)PJI;1e i , as Mayor of The City of Miami Beach, a municipal corporation, on behalf of said entity. ~She [check one] Lis personally known to me, or _ has produced evidence of his identity satisfactory to me. STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE ) KERRY MY GOMMISSIQN: DD 175491 EXPf,ClES: May 3. 2007 ..'" I}gfd::~ TnriJ Nocaf) Prl.tic lbii!nr.rMrs Y;(I5:ctj,p~, ;.""- ~63):) I HEREBY CERTIFY that the foregoing instrument was ac owledged and executed before this /41 day of _iJt' V, ,2006, by (),.f. rtj,ty, as City Clerk of The City 0 Miami Beach~ a municipal corporation, on behalf of said entity. ~he [check one] ~ personally known to me, or _ has produced evidence of his identity satisfactory to me. ~ ~ F:\ano\HELG\L1TIGATI\AJaska\Block I 2006\TRG Block One Termina ~",I"''''~" KERRY .,,\'!';(:rt'~. HERNANDEZ . . ~~QMM.l~~~IOO.doc ~~y":Mdra. ilo!lI1oa 1,"11 NaIary NlIi<: 11<.......... 3 OR BK 25266 PG 2513 LAST PAGE Property Owned by TRG-Block One Ltd., (the "TRG Property") Lots 1-3, 5.13, 17, Block 1 ~ Ocean Beach Florida Subdivision, according to the plat thereof, recorded at Plat Book 2, Page 38, in the Public Records of Miami-Dade County, Florida. Exhibit "A"