Reso 2012-1861 - Laserfiche WebLink

Home Browse Search

ASSIGNMENT OF TRANSFER OF DEVELOPMENT RIGHTS KNOW ALL MEN BY THESE PRESENTS, that Abus, LLC, a Florida limited liability company ("Assignor"), for and in consideration of the sum of Ten and Noll 00 ($10.00) Dollars, and other good and valuable consideration, paid, received from, and on behalf of Chateau Beach, LLC, a Florida limited liability company ("Assignee"), its heirs, successors, or agents, in Miami- Dade County, Florida, State of Florida, the receipt and sufficiency of which is hereby acknowledged and accepted, does hereby grant to Assignee 2,644 square feet of Transfer of Development Rights ("TDRs") held in an account designed for and held for Abus, LLC, with the City of Sunny Isles Beach, Florida. WHEREFORE, Assignor has on deposit in a TDR Bank with the City of Sunny Isles Beach, Florida, the amount of 2,644 square feet of TDRs in an account for the benefit of Assignee as owner of same; NOW, THEREFORE, in consideration of the mutual promise and exchange between the parties and other good and valuable consideration, the parties agree and stipulate as follows: I. herein. The above recitals are true and correct and are hereby incorporated by reference 2. Assignor upon execution of this Assignment, hereby assigns and transfer 2,644 square feet ofTDRs to Assignee, its heirs, successors, or agents. TO HAVE AND TO HOLD, the same unto the said Assignee, its heirs, legal representatives, successors, administrators and assigns forever. IN WITNESS WHEREOF, the party herein has caused this Assignment of Transfer Developn}fnt Rights, to be exec by its duly authorized representative frcely and voluntarily on this '1 dayof!M , 2012. (See Separate Signature Pages) Wit5Z.e: "C.::.v pr[n Name: t~0-t.fL-A J--. .J-c"'~M.. ASSIGNOR: P nt Name:-j\'N~ ~I