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Reso 2004-681
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Reso 2004-681
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Last modified
7/1/2010 9:41:12 AM
Creation date
1/25/2006 1:57:38 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2004-681
Date (mm/dd/yyyy)
06/03/2004
Description
– Accept Conveyance of 3.46 Acres of Real Property (CASINO).
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<br />harmless from any actions or claims filed against the City as a result or arising from the <br />approval of the Casino Property or the transfer of the development rights to the TDR <br />Bank, including, without limitation, providing an executed environmental indemnity and <br />hold harmless agreement in a form and substance reasonably acceptable to the City <br />Attorney and substantially in the form attached hereto as Attachment "B"; (2) Applicant <br />shall deliver to the City good, marketable and insurable title, free and clear of all liens and <br />encumbrances, and an acceptable title policy including, without limitation, deleting from <br />Schedule B, Section 1 of said title policy items 3(a) and 5 through 11 of the Commitment <br />For Title Insurance #50117409ICA issued by Commonwealth Land Title Insurance <br />Company, unless any of the items are waived in writing by the City Attorney and the <br />City Manager; (3); The General Warranty Deed conveying the Casino Property to the <br />City shall be recorded in the Public Records of Miami-Dade County, Florida, prior to the <br />transfer of development rights from the Casino Property to the TDR Bank which transfer <br />shall occur immediately thereafter; and subject to compliance with the following closing <br />procedures: (a) closing shall occur on or before 30 days from June 3, 2004, unless <br />otherwise extended by the City Attorney; (b) prior to closing, Applicant shall submit an up <br />to date survey of the Casino Property certified to the City dated subsequent to June 3, <br />2004, which shall be further updated, if necessary so that the City shall have a certified <br />survey dated no later than 30 days prior to the recording of the Deed; encroachments, or <br />easements on the Casino Property disclosed by the survey shall constitute title defects <br />unless waived by the City Attorney; (c) Applicant shall provide: certification from City <br />that no outstanding code violations or open permits exist in connection with the Casino <br />Property (other than for demolition of the existing structures on the Casino Property); a <br />Certificate of Resolutions and Agreements from Miami-Dade County; applicable <br />corporate documents as required by, and in a form satisfactory to, the City Attorney; a <br />statement as to any unrecorded obligations or easements; an executed No Lien Affidavit <br />and a Non-Foreign Affidavit; and any other documents reasonably necessary or advisable <br />to comply with existing statutory and code provisions; evidence that taxes, assessments, <br />water and sewer charges, waste fee and fire protection charges, if applicable, have been <br />paid in full to the date of the closing, or provision for sufficient escrow to assure payment <br />thereof when due; (d) Applicant shall prepare and provide all closing documents, in a form <br />acceptable to the City Attorney; and (4) After closing, Applicant shall deliver to City the <br />Title Insurance Policy insuring, at minimum, that amount of the value reflected by the <br />Miami-Dade County Property Appraiser's Office for tax purposes; (5) Execution by <br />Applicant and City of any other documents as deemed reasonably appropriate by the City <br />Attorney or the Applicant in order to effectuate the transfer of the Casino Property to the <br />City and for the City to evidence the transfer of the above-noted TDR's to the Applicant's <br />account in the TDR Bank. Any disagreement between the parties regarding the <br />reasonableness of the request for such documents shall be determined by the City <br /> <br />Casino - Conveyance Of 17200 Collins <br /> <br />4 <br />
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