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Reso 2017-2695
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Reso 2017-2695
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Last modified
5/9/2017 3:19:49 PM
Creation date
5/9/2017 3:02:54 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2017-2695
Date (mm/dd/yyyy)
04/20/2017
Description
Ratify Payment of Final Judgement Relating to SIB v. Calvary Corp.
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HICKS, LLC IOTA TRUST ACCOUNT for the benefit of J. Wiley Hicks, LLC, and Robert A. <br /> Schreiber, Esq., LLC. Within 20 days of the date of entry of this Final Judgment, Petitioner is <br /> directed to deliver said attorney's fees to J. WILEY HICKS, LLC IOTA TRUST ACCOUNT, at <br /> 5730 SW 74th Street, Suite 400, Miami, FL 33143. <br /> 3. Within 20 days of the date of entry of this Final Judgment, Petitioner, the CITY OF <br /> SUNNY ISLES BEACH, having previously deposited the sum of ONE THOUSAND DOLLARS <br /> ($1,000.00)pursuant to the Order of Taking previously entered in this case, is hereby ordered and <br /> directed to pay the sum of EIGHT HUNDRED AND FIFTY FOUR THOUSAND DOLLARS <br /> ($854,000.00), plus statutory interest from December 17, 2012, to the date a payment, to J. <br /> WILEY HICKS, LLC IOTA TRUST ACCOUNT, at 5730 SW 74th Street, Suite 400, Miami, FL <br /> 33143, within twenty(20) days of the entry of this Final Judgment. The amount of statutory <br /> interest owed as of June 15, 2015, is the sum of ONE HUNDRED ONE THOUSAND ONE <br /> HUNDRED THIRTY FIVE DOLLARS AND TWENTY CENTS ($101,135.20). If the payment <br /> is made after June 15, 2015, per diem interest of$111.14 shall be added for each day after June <br /> 15, 2015. Said sum shall be deposited by J. Wiley Hicks, LLC, into an interest bearing sub <br /> account of its IOTA Trust Account. These funds shall remain in the interest bearing sub account <br /> until further order of this Court apportioning the proceeds among any Respondents making a claim <br /> pursuant to Florida Law. <br /> 4. That title to Parcel A which vested in the Petitioner pursuant to the Order of Taking <br /> of December 12, 2012, and the deposit of money heretofore made on December 17, 2012, is <br /> hereby approved, ratified, and confirmed. Parcel A is described on Exhibit B attached hereto. <br />
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