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HomeMy WebLinkAboutCity of Tamarac Resolution R-71-015CITY OF TAMARAC,6JF/LOR/IDA RESOLUTION NO. WHEREAS, the City Council has previously, by resolution, expressed its intent to assign all of the rights, duties, obligations and servi- des as contained in the various Declarations of Restrictions and aseholds for recreational areas, and WHEREAS, the City Council is now desirous of assigning all of the rights, duties, obligations and servitudes as contained in the Declara- tion of Restrictions and Leasehold for recreational area in Tamarac Lakes North and Tamarac Lakes North, Second Section, to Tamarac Lakes North Association, Inc. ,. and WHEREAS,,Tamarac Lakes North Association, Inc. has expressed its intent to accept such an assignment, NOW; THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE City of Tamarac, Florida: 1. That the City Council does hereby assign unto Tamarac Lakes North Association, Inc., all of its rights, duties, obligations. .d servitudes as contained in the Declaration of Restrictions and f asehold for recreational area as pertaining to the Tamarac Lakes North and Tamarac Lakes North, Second Section. 2. That the form of Assignment of Declaration of Restrictions and Assignment of Lease, copies of which are attached hereto and made a part hereof, are hereby approved, and the Mayor and City Clerk are hereby authorized and instructed to complete and execute same on behalf of the City and to take all necessary steps to complete the said assignment. 3. The City Clerk is hereby instructed that upon the assignment: a. All prepaid insurance premiums paid by the City for the recreational facilities shall be turned over, without cost, to the ignees. b. The responsibility for leasehold payments up to the effective date of assignment shall remain with the City. c. That all monies received by the City subsequent to the effective date of the assignment and collections of maintenance pay- ments and leasehold payments shall be held and collected by the City fescrow for Tamarac Lakes North Association, Inc., and arther that said escrow fund shall be paid by the City to the afore- said not -profit corporation upon demand. 4. After the effective date of this assignment the City of Tamarac shall be relieved and fully discharged from any and all further obligations and duties under the subject Declaration of Restrictions and Leasehold except to the extent that same were incurred by it prior to the date of this assignment. 5. The effective date of this assignment shall be the day of , 19 PASSED, ADOPTED AND .APPROVED this J� 1971. ATTEST CITY day of i -2- ASSIGNMENT OF DECLARATION OF RESTRICTIONS WHEREAS, the City of Tamarac, a municipal corporation of the State of Florida, was the Assignee of certain obligations and servitudes ursuant to an Assignment of said restrictions, obligations and servi- udes from under an Assignment dated the day of , 19 , and WHEREAS, the City of Tamarac, Florida, is desirous of assigning all of the rights, duties, obligations and servitudes as contained in that certain Declaration of Restrictions dated the day of , 19 , and recorded the day of 19 , in Official Records Book No. , at Page , Broward County, Florida, and that said City deems it in the best interests of the public to assign said restrictions, and WHEREAS, the is desirous of accepting said Assignment and assuming tehe rights, duties and obligations as set forth in said Declaration of strictions. NOW, THEREFORE, in consideration of the Assignment and the accep- tance of same and -the sum of One Dollar ($1.00) and other good and valuable considerations, the City of Tamarac, Florida, hereby assigns, conveys, sells and transfers unto the all of its rights, duties, obligations and servitudes as contained in the Declara- tion of Restrictions dated the and recorded on the day of day of , -19 , , 19 , in Official Records Book No. , at Page , of the Public fcords of Broward County, Florida, which Declarations of Restrictions late to the following described lands: f That the Assignment created hereby is acknowledged by the Issignor and the Assignee to include, but not be limited to the right to collect monies for the reasonable costs of maintaining the various properties as set forth in the aforesaid Declaration of Restrictions, the right to perform said maintenance functions, and the lien rights as set forth in the aforesaid Declaration of Restrictions. The City of Tamarac, Florida, as the Assignor, deems it in the best interests of the general public to assign the aforesaid servitudes and restrictions and the , as the Assignee, deems it in the best interests of the Corporation and its -individual members to accept aid assignment and all of the rights,duties, obligations and servitudes eated thereby. The Assignor and the Assignee further agree and acknowledge that the City of Tamarac, as Assignor, shall hereafter be fully discharged from any and all obligations, rights and duties created by said Declara- tion of Restrictions and that said Assignment is conveyed and granted - 2 - without recourse to the Assignor. This Assignment shall take effect on the 19 CITY Attest: By Z112- City Clerk (SEAL) day of TAMARAC, FLORIDA ACCEPTANCE OF ASSIGNMENT In consideration of the foregoing Assignment and other good and t considerations, cknowledged, the the receipt and adequacy of which are hereby hereby accepts all of the terms and conditions of said Assignment and further acknowledges that it is fully aware of the terms, conditions and covenants of the original Declara- tion of Restrictions assigned by the foregoing instrument. The , as Assignee, further acknowledges and recognizes that any lien rights created by the aforesaid Declaration of Restrictions assigned hereby to said Corporation shall at all times beinferior and subordinate to any lien rights created by any mortgage of record existing upon the date of this Assignment or placed of record ubsequent thereto, which mortgage encumbers any of the real properties ncluded in the aforesaid Declaration of Restrictions. Signed, sealed and delivered in the presence of: By Director ri - 3 - By Director ByF Director STATE OF FLORIDA j COUNTY OF BROWARD ) BEFORE ME, the undersigned authority, personally appeared and respectively as Mayor and City Clerk of the City of Tamarac, Florida, to me personally_ known, this day acknowledged before me that they executed the foregoing Assignment of Declaration of Restrictions as such officers and that they have affixed thereto the official seal of said City. IN WITNESS WHEREOF, I hereunto set my hand and official seal at Broward County, Florida, this day of 81 19 Notary Public, State of Florida My Commission Expires: STATE OF FLORIDA ) COUNTY OF BROWARD ) BEFORE ME, the undersigned authority, personally appeared 11 and Directors of the Po me personally known, this day acknowledged before me that they executed the foregoing Acceptance of Assignment as such Directors. IN WITNESS WHEREOF, I hereunto set my hand and official seal at , Broward County, Florida, this day of 19 . Notary Public, State of Florida y Commission Expires: - 4 - ASSIGNMENT OF LEASE WHEREAS, the City of Tamarac, a municipal corporation of the State of Florida, is the Lessee by acceptance of an Assignment of Lease dated the day of , 19 of that ertain Lease Agreement entered into on the day of , 19 , by and between as Lessors, and as Lessee, which Lease was recorded in the Official Records of Broward County, Florida, in Official Records Book No. at Page , on the day of , 19 , and WHEREAS, said Lease devised and leased unto the Lessee therein the following described property: and, WHEREAS, the City of Tamarac is desirous of assigning all of its rights, title and interest in and to said Lease to the and the aforesaid corporation is desirous of accepting said Lessee's interest and all of the rights, duties and obligations created thereby. NOW, THEREFORE, in consideration of the sum of One Dollar ($1.00) and other good and valuable considerations, the receipt and adequacy of which are hereby acknowledged, the City of Tamarac, a municipal corporation of the State of Florida, does hereby assign, convey, sell and transfer all of its right, title and interest of whatever nature in and to that certain Lease entered into on the day of , 19 between as Lessor, and as Lessee; as well as the rights, duties, and obligations created by said Lease as aforesaid, to That this Assignment does not extinguish the lien in favor of the Lessee created pursuant to that certain Declaration of Restrictions dated the day of the Official Records Book No. i County, Florida. , 19 , and filed of record in at Page , in Broward This Assignment is made and conveyed without recourse to the Assignor, the City of TampLrac, Florida, and said City shall hereafter be fully released from any and all obligations and liabilities with respect to the covenants of the aforesaid Lease. This Assignment shall take effect on the day of 9 CITY OF TAMARAC, FLORIDA Attest: By By MAYOR CiTY CLERK (SEAL) - 2 - WHEREAS, the ACCEPTANCE OF ASSIGNMENT is desirous of accepting the foregoing Assign- ent of Lease, and ' WHEREAS, the Corporation recognizes the rights, duties and obli- gations created by said Lease and has been fully advised of same and deems it in the best interest of the Corporation and its individual members to accept said Assignment, t NOW, THEREFORE, in consideration of the Assignment of the aforesaid. Lease and other good and valuable considerations, the -foregoing Assign- ment of Lease by the City of Tamarac, Florida, is hereby accepted and all of the terms, conditions and obligations thereof are hereby approved and accepted by the Signed, sealed and delivered in the presence of: By Director By Director By Director STATE OF FLORIDA ) COUNTY OF BROWARD ) BEFORE ME, the undersigned authority, personall appeared and respectively as Mayor and City Clerk of the City of Tamarac, Florida, to me personally known, this day acknowledged before me that they executed the foregoing Assignment of Lease as such officers and that they have - 3 - affixed thereto the Official seal of said corporation. IN WITNESS WHEREOF, I hereunto set my hand and official seal at , Broward County, Florida, this day of , 19 0 NOTARY PUBLIC My Commission Expires: STATE OF FLORIDA ) COUNTY OF BROWARD ) ` BEFORE ME, the undersigned authority, personally.appeared and , Directors of to me personally known, this day acknowledged before me that they executed the foregoing Acceptance of Assignment as such Directors. IN WITNESS WHEREOF, I hereunto set my hand and official seal at Broward County, Florida, this day of , 19 NOTARY PUBLIC ly Commission Expires: 4