City of North Miami Beach v. Eastern Shores Sales Co.

PEARSON, Judge.

This appeal presents a question of whether the City of North Miami Beach is bound by the terms of an agreement made in 1956 by which the City agreed to annex certain lands now owned by the appellee and, in consideration for the annexation, agreed not to levy ad valorem taxes against any of said lands until, among other conditions, “. . . such time as buildings have been constructed on such property or revenue *826producing improvements have been placed upon said property.” Two other points must be dealt with, one of which raises the question of whether the tax assessor for Dade…