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06-1681 Code Enforcement Foreclosure Settlement Agreement - 380 Orange Lane
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06-1681 Code Enforcement Foreclosure Settlement Agreement - 380 Orange Lane
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4/5/2007 1:49:16 PM
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4/5/2007 1:49:16 PM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
6/12/2006
Doc Number
06-1681
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<br />COP'{ <br /> <br />Exhibit A <br /> <br />SETTLEMENT AGREEMENT <br /> <br /> <br />THIS SETTLEMENT AGREEMENT (hereinafter "Agreement") made by and between <br /> <br />CHRIS LEE and/or assigns (hereinafter "LEE") and the CITY OF CASSELBERRY, a Florida <br /> <br />municipal corporation (hereinafter "CITY"). Both LEE and CITY shall collectively be known as the <br /> <br />"Parties. " <br /> <br />WITNESSETH: <br /> <br />WHEREAS, the CITY has filed a Complaint for Foreclosure against Michael Mallek and <br /> <br />other parties in the Eighteenth Judicial Circuit in and for Seminole County, Florida, entitled City of <br /> <br />Casselberry v. Ronald Mallek, Michael Mallek, et aI., Case No. 06-CA-768-14-G (hereinafter <br /> <br />referred to as "Lawsuit") for foreclosure of Municipal Code Enforcement liens, and MALLEK has <br /> <br />not answered that Complaint and is in default; and <br /> <br />WHEREAS, Michael Mallek and Chris Lee and/or assigns have executed a Contract for Sale <br /> <br />and Purchase on the property located at380 Orange Lane, Casselberry, Florida, more fully described <br /> <br />herein (hereinafter "Property") which is the subject property to the Lawsuit; and <br /> <br />WHEREAS, Chris Lee and/or assigns, the proposed purchaser, has indicated to the CITY that <br /> <br />it will make certain beautification and visual enhancements to the Property after purchasing the <br /> <br />Property; and <br /> <br />WHEREAS, the CITY has the following code enforcement liens totaling $72,200.00: <br /> <br /> <br />a. CEB 2003-199: January 12, 2004 through January 7, 2005 (361 days at $100.00 per <br /> <br /> <br />day), totaling $36,100.00. <br /> <br /> <br />b. CEB 2003-200: January 12,2004 through January 7, 2005 (361 days at $100.00 per <br /> <br /> <br />day), totaling $36,100.00; and <br /> <br />1 <br />
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