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Master Report
File Number: 8005
Revision:
Enactment Number: R-20-0349
File Type: Resolution
File Name: Execute - Purchase and Sale Agreement - 725 SW
63 CT
Requesting Dept: Commissioners and Mayor
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED
Controlling Body: City Commission
Introduced: 10/7/2020
Final Action Date: 10/22/2020
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE A PURCHASE AND SALE AGREEMENT
("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN
THE CITY OF MIAMI ("CITY") AND IVAN TOLEDO AND ISIS FUENTE ("SELLER") FOR
THE ACQUISITION OF REAL PROPERTY LOCATED AT 725 SOUTHWEST 63
COURT, MIAMI, FLORIDA ("PROPERTY") FOR A PURCHASE PRICE OF THREE
HUNDRED EIGHTY THOUSAND DOLLARS ($380,000.00); FURTHER AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID
AGREEMENT, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE
NECESSARY TO EFFECTUATE SAID ACQUISITION; ALLOCATING FUNDS FROM A
SOURCE TO BE DETERMINED IN AN AMOUNT NOT TO EXCEED FOUR HUNDRED
FIFTEEN THOUSAND DOLLARS ($415,000.00) TO COVER THE COST OF SAID
ACQUISITION, INCLUSIVE OF THE COST OF SURVEY, ENVIRONMENTAL
REPORTS, TITLE INSURANCE, DEMOLITION, SECURING THE PROPERTY,
PROJECT SIGNAGE, AND RELATED CLOSING COSTS ASSOCIATED WITH SAID
ACQUISITION, ALL IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE
AGREEMENT.
Sponsor(s): Commissioner Manolo Reyes
Notes:
Links:
Attachments:
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Victoria Mendez
10/13/2020
Approved Form and
Completed
Correctness
City Commission
10/22/2020
Meeting
Completed
City Commission
10/22/2020
ADOPTED
Passed
Mayor's Office
10/30/2020
Unsigned by the Mayor
Completed
City Clerk's Office
10/30/2020
Signed and Attested by the City
Completed
Clerk
City Clerk's Office
10/30/2020
Rendered
Completed
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