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HomeMy WebLinkAboutR-22-0080City of Miami tn�l6_OF Fa. V Legislation *tliti fill! IiRl 11 +*� Resolution: R-22-0080 File Number: 11488 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 2/24/2022 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, BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, BETWEEN THE CITY OF MIAMI AND ELBA MONTES, F/K/A ELBA HERNANDEZ, FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 713 SOUTHWEST 63 COURT, MIAMI, FLORIDA ("PROPERTY") FOR A PURCHASE PRICE OF FIVE HUNDRED THOUSAND DOLLARS ($500,000.00); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL OTHER NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO THE AGREEMENT, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE THE ACQUISITION OF THE PROPERTY; ALLOCATING FUNDS FROM PROJECT NO. 40-13213414, DISTRICT 4 PARK AND AFFORDABLE HOUSING LAND ACQUISITION, IN AN AMOUNT NOT TO EXCEED FIVE HUNDRED FORTY- FIVE THOUSAND DOLLARS ($545,000.00) TO COVER ALL COSTS OF THE ACQUISITION OF THE PROPERTY, INCLUSIVE OF THE COST OF SURVEY, ENVIRONMENTAL REPORTS, TITLE INSURANCE, ATTORNEYS' FEES, DEMOLITION, SECURING THE PROPERTY, PROJECT SIGNAGE, AND ALL RELATED CLOSING COSTS ASSOCIATED WITH THE ACQUISITION. SPONSOR(S): Commissioner Manolo Reyes WHEREAS, the City of Miami ("City") wishes to acquire the real property located at 713 Southwest 63 Court, Miami, Florida ("Property"); and WHEREAS, the City plans to construct a park at the Property that will serve the recreational and cultural needs of the area including enhancing the quality of life of area residents; and WHEREAS, Elba Montes, f/k/a Elba Hernandez ("Seller"), has agreed to enter into a Purchase and Sale Agreement ("Agreement") with the City to convey the Property to the City for a purchase price of Five Hundred Thousand Dollars ($500,000.00) ("Purchase Price"); and WHEREAS, the City obtained an appraisal from a licensed State of Florida certified appraiser pursuant to Section 166.045(b), Florida Statutes, stating that the appraised value of the Property is Four Hundred Fifty Thousand Dollars ($450,000.00); and WHEREAS, pursuant to Section 166.045(b), Florida Statutes, the City is required to approve the purchase of the Property by an extraordinary vote (i.e. a four -fifths [4/5ths] vote) as the Purchase Price exceeds the appraised value; and City of Miami Page 1 of 2 File ID: 11488 (Revision:) Printed On: 3/7/2022 File ID: 11488 Enactment Number: R-22-0080 WHEREAS, the City's estimated total cost for the acquisition of the Property will not exceed Five Hundred Forty -Five Thousand Dollars ($545,000.00) with funds being allocated from Project No. 40-13213414, District 4 Park and Affordable Housing Land Acquisition; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized' to negotiate and execute the Agreement between the City and the Seller for the acquisition of the Property for the Purchase Price, in a form acceptable to the City Attorney. Section 3. The City Manager is further authorized' to negotiate and execute any and all necessary documents, including amendments and modifications to the Agreement, all in forms acceptable to the City Attorney, as may be necessary to effectuate the acquisition of the Property. Section 4. Funding for the acquisition of the Property is allocated in an amount not to exceed Five Hundred Forty -Five Thousand Dollars ($545,000.00) from Project No. 40-13213414, District 4 Park and Affordable Housing Land Acquisition, to cover all costs of the acquisition of the Property, inclusive of the cost of survey, environmental reports, title insurance, attorneys' fees, demolition, securing the property, project signage, and all closing costs associated with the acquisition. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i "ndez, Cify Kttor iey 2/14/2022 ' The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable City Charter and City Code provisions. City of Miami Page 2 of 2 File ID: 11488 (Revision:) Printed on: 3/7/2022