R-312-50 Upon motion by Councilman Carpenter
and seconded by Councilmen Mackenzie , the following
Resolution vas duly passed and adopted:
RESOLUTION NO. 312
APPROVING THE PUBCAUSE BY MIAMI SHORES VILLAGE FROM
BESSEM PROPERTIES, INCORPORATED, OF ALL OF BLOCK "C";
LOTS 1 AND 2, BLOCK 108; AND LOTS 1, 2, 4, 5, 6, 7 AND
8, BLOCK 1053, OF MIS SHORES, SECTION NO. 4 HMMDED,
ACCORDING TO PLAT MEPMF RFDQHDED IN PLAT BOOK 15, AT
PAGE 14 OF THE PUBLIC RECORDS OF DADE COIINTY, FLORIDA,
AT AND FOR THE SUM OF $22,500.003, PAYABLE $2250.00 IN
CASH AT T ' CLOSING, THE BALANCE TO BE EVIDENCED BY NOTE
AND SECUM BY PURCHASE MONEY MORTGAGE PAYABLE IN ANNUAL
INSTarrtMS OF $2250.00 WITH INTEREST FROM DATE OF CLOSING
AT THE RATE OF 3% PER ANNUM PAYABLE ANNUALLY; AIM AUTHOR-
IZIffG AND DIRECTING TSE MAYOR HND THE VILLAGE CLERK OF AND
ON BEHALF OF MIAMI SHORES VILLAGE TO EXECUTE SUCH NOTE AND
MORTAGE. AND ANY OTHER 103TRUND TT8 INCIDENT TO THE CLOSING
OF SUCH TRANSACTION.
BE IT RESOLVED BY MIAMI SHORES VILLAGEa
1. That the proposed purchase by Miami Shores Village from Bessemer
Properties, Incorporated, of
All of Block "C"; Lots 1 and 2. Block 108;
and Lots 1, 22 4, 5, 6, 7 and S. Block 105
of MIAMI SHORES, SECTION NO. 4 AMESDED, ac-
cording to plat thereof recorded in Plat
Book 15, at page 74 of the Public Records
of Dade County, Florida,
at and for the am of $22.,500.00, payable $2250.00 in cash at closing, the
balance payable in equal annual installments of $2250.00, such deferred pay-
ments to be evidenced by note and secured by purchase money mortgage in the
usual Florida form and to bear interest at the rate of 3% per annum from date,
payable annually, be and is hereby approved.
. -� �� 0 �
2. That the Magor add Village Clerk of and on behalf of Miami
Shores Village be and they are hereby authorized and directed to execute
and deliver unto Bessemer Properties, Incorporated the note and mortgage
referred to in Section 1 hereof, as well as other instruments necessary
or incident to the closing of such transaction.
PASSED AND ADOPTED this 6th day of June, A.D. 1950.
Mayor
ATTEST:
G C`
Villa a Manager anA Clerk