HomeMy WebLinkAboutBack-Up DocumentsFRANCIS SLAREZ
Mayor
January 12, 2022
Mrs. Elba Montes
Property Owner ("Seller")
9320 SW 21 ST
Miami, Florida 33165
f1�i#v of 'Miami
ART[IUR NORIEGA V
City Manager
EMAII..: elbaol@bellsouth.net
RE: 713 SW 63rd Court, Miami, Florida 33144, Folio Number 014001-005-7110 (the "Property").
Dear Mrs. Montes:
The City of Miami ("City" and/or "Purchaser") is interested in acquiring the property located at the above referenced
address, as previously expressed in the initial Letter of Intent dated August 6, 2021. The City Kindly requests that you
provide written confirmation of your willingness to accept an offer at S500.000,00 subject to the following conditions:
1. City will obtain, at City's expense, a Phase I Environmental Site Assessment (and/or a Phase II Environmental
Assessment if deemed necessary);
2. City will pay Seller's customary closing costs at closing; including Seller's Attorney fees of $1500.00.
3. Seller shall clear all title issues prior to closing;
4. Seiler shall vacate any and all tenants at Seller's sole cost and expense prior to closing;
5. The transaction shall be a cash purchase with no financing conditions;
6. Purchase shall be subject to City Commission approval, and to a ten (10) day Mayoral veto period after the City
Commission resolution enactment date ("City Approval");
7. The Seller shall cease negotiating with any third parties with respect to the sale of the Property from the
date hereof until fifteen (15) days after City Approval to allow the parties' time to negotiate and execute a
formal Purchase and Sale Agreement for the Property; if the Purchase and Sale Agreement is not executed by
February 21, 2022 or as such date as may be extended by mutual written agreement of Seller and Purchaser,
then this Letter of Intent shall terminate.
This letter constitutes the City's willingness to proceed and to negotiate a mutually acceptable formal Purchase & Sale
Agreement. It is understood that no legal rights or obligations shall arise by virtue of this Letter of Intent except for item
number seven (7) above, and neither party shall be bound by the terms hereof, unless and until the execution and delivery
of a formal, written Purchase & Sale Agreement for the Property has been mutually executed and delivered by duly
authorized representatives of both parties.
If the Seller is interested in selling the Property per the conditions stated herein, please have the Seller sign below and email
the signed Letter of Intent to dlozano0imiamigov.com. If you have any questions or concerns please contact Danny Lozano,
Property Management Specialist with the City of Miami, Department of Real Estate and Asset Management at (305) 416-
1469. r.
Sincerely, By:
Elba Monies, FIK A Elba Hernandez, Seller
Suzanne Hollander, Director Date: / a r Q ("Effective Date")
DFPARTMF.NT OF REAL ESTATE AND ASSET MANAGEMENT
444 S.W. 2nd Avenue. 3rd Floor, Miami, Florida 33130