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HomeMy WebLinkAboutSEOPW-CRA-R-98-0038Agenda Item No. 8 NOFWIClLA v RESOLUTION NO. 9 8 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING AND REQUESTING SPECIAL COUNSEL FOR THE COMMUNITY REDEVELOPMENT AGENCY TO COMPLETE A SPECIAL REPORT REGARDING THE TRANSFER OF THE PROPERTY KNOWN AS MIAMI ARENA LAND FROM THE COMMUNITY REDEVELOPMENT AGENCY TO THE CITY OF MIAMI, INCLUDING THE STUDY OF LAND VALUE OF THE PROPERTY AT THE TIME OF TRANSFER AND APPROPRIATE TITLE SEARCHES OF THE PROPERTY; PROVIDING AN EFFECTIVE DATE; AND FOR SUCH OTHER PURPOSES. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY: SECTION 1: The Board of Directors hereby approves and authorizes Special Counsel to the Community Redevelopment Agency to complete and provide a special written report to the Board of Directors of the transfer of the property known as the Miami Arena Land from the Community Redevelopment Agency to the City of Miami, including a study of land value at the time to the transfer of the property and the completion of any appropriate title searches of the property. A report shall be provided to the Board of Directors at its December, 1998 meeting. SECTION 2: This Resolution shall become effective immediately upon its adoption. 1 SWPWICRA - 98 m PASSED AND ADOPTED ON THIS 16thDAY OF November 1998. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Holland & Knight LLP Counsel to the CRA MIA4-674966.1 2 Arthur E. Teele, , Chairman SWPW CRA 9 8 - � 8