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HomeMy WebLinkAboutR-03-0473J-03-379 04/28/03 RESOLUTION NO. 03— 473 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE THE OPTION TO PURCHASE REAL PROPERTY AGREEMENT ("OPTION AGREEMENT"), ATTACHED AND INCORPORATED, BETWEEN THE CITY OF MIAMI AND ARY MOISE (SELLER) TO PURCHASE THE PROPERTY LOCATED AT 255 NORTHEAST 59th TERRACE, MIAMI, FLORIDA ("PROPERTY"), AS LEGALLY DESCRIBED IN "EXHIBIT A," IN CONNECTION WITH THE DEVELOPMENT OF LITTLE HAITI PARK,FOR A PURCHASE PRICE OF $18,500 AND IN ACCORDANCE WITH THE TERMS SET FORTH IN THE OPTION AGREEMENT; ALLOCATING FUNDS IN THE AMOUNT OF $21,500 FROM THE $255 MILLION HOMELAND DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND TO COVER THE COSTS OF SAID ACQUISITION INCLUSIVE OF COST OF SURVEY, APPRAISAL, ENVIRONMENTAL REPORT AND TITLE INSURANCE. WHEREAS, Resolution No. 01-1029, adopted September 25, 2001, directed the City Manager to take all steps necessary to initiate and implement the development of a superlative park in the Little Haiti area ("Park Project"); and WHEREAS, the boundaries for the Park Project as established by the City Commission are from Northeast 59th Street to Northeast 67th Street between Northeast 2nd Avenue and the Railroad Tracks, Miami, Florida; and Cvar a`ii L iY is CITY Cownu $, olf MET= CW MAY 0 C 2003 Resolution &p. 03- 473 WHEREAS, Resolution No. 02-395, adopted April 11, 2002, directed the City Manager to expedite the land acquisition for the Park Project approved in the $255 Million Homeland Defense/Neighborhood Improvement Bond Issue; and WHEREAS, the above -referenced property is within the park boundaries and is necessary as part of the land assembly required for the Little Haiti Park Project; and WHEREAS, an independent appraisal established the fair market value for the Property at $18,500; and WHEREAS, an Option to Purchase Real Property Agreement to purchase the property at a purchase price of $18,500, with an option payment of $100 was prepared by the Department of Economic Development and executed by the City Manager; and WHEREAS, failing such approval the Option Agreement shall be automatically null and void without the necessity of further action by either party; 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 as if fully set forth in this Section. Page 2 of 4 03- 473 Section 2. The City Manager is authorizedl� to execute the Option to Purchase Real Property Agreement, in substantially the attached form, between the City of Miami and Ary Moise (Seller) , to purchase the property located at 255 Northeast 59th Terrace Miami, Florida, as legally described in "Exhibit A," attached and incorporated, in connection with the development of Little Haiti Park, with a purchase price of $18,500 and in accordance with the terms and conditions set forth in the Option Agreement, with funds, in the amount of $21,500, allocated from the $255 Million Homeland Defense/Neighborhood Improvement bond to cover the costs of said acquisition inclusive of cost of survey, appraisal, environmental report and title insurance. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor./ 1� The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. 2/ If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 3 of 4 03' 473 PASSED AND ADOPTED this ATTEST: PRISCILLA A. THOMP ON CITY CLERK 8th day of May , 2003. • eANU EL A. DIAZ, MAYO <7 APPROVED AS TO FORM AND CORRECTNESS -r. � 4YCI NDRO VIL ATTORNEY 177:tr:AS:BSS w.6.1 LLO 03- x'73 Page 4 of 4 Prepared by: Rafael Suarez -Rivas, Esq. Assistant City Attorney Office of City Attorney Alejandro Vilarello City of Miami 444 S.W. 2nd Avenue, Ste. 945 Miami, Florida 33130 OPTION TO PURCHASE REAL PROPERTY THIS AGREEMENT is made this day of , 2003, between Ary Moise, an individual whose principal address is 5910 N.E. 6 Court, Miami, Florida, 33137 ("Optionor"), and the City of Miami, (hereinafter "City" or "Optionee") a municipal corporation orrized and existing under the laws of the State of Florida, whose principal address is 444 S.W. 2" Avenue, Ste. 325, Miami, Florida, 33130. 1. GRANT OF OPTION. Optionor hereby grants to City or Optionee the exclusive option to purchase the real property located in Miami -Dade County, Florida, particularly described in Exhibit "A", together with all improvements, easements and appurtenances ("Property"), in accordance with the provisions of this Agreement. The Optionor covenants to convey the above- described property by Warranty Deed to the City, or to such persons that the Optionee may in writing assign or direct, for a price of Eighteen Thousand Five Hundred ($18,500.00) dollars (the "Purchase Price"), which, after reduction by the amount of the Option Payment, and adjustment by the appraisal should it be required, after review of the, survey, and environmental audit as provided herein, is payable in full at closing. This Purchase Price presumes that the Property contain at least 5,500 square feet, to be confirmed by the Survey. The determination of the final Purchase Price can only be made after the completion and approval of the appraisal, survey, and environmental audit. ' 2. OPTION TERMS. The option payment is $100.00 ("Option Payment"). This payment will be made at the ti;iie the Optionor executes this grant of the Option. This is specific and independent consideration payable to the Optionor to grant the City, as Optionee, an irrevocable option to purchase the Property in accordance with this Agreement. The duration of this irrevocable option shall commence on the date the Optionor signs this Agreement and shall continue through *April -30, 20 ("Option Expiration Date"). During this time, the Optionor shall not lease, sell, transfer, or offer this Property for sale to any other person or entity. The Option Payment will be forwarded to Optionor upon Optionor's execution of this Agreement. The Option may only be exercised by the City Commission, during the period beginning with the Optionee's approve! by execution of this Agreement, which exercise must be conveyed in writing to the Optionor, acid ending on *April 30,21443 ("Option Expiration Date"), unless extended by other provisions of this Agreement. The closing shall occur within one hundred twenty (120) days of the option expiration date set forth above by the City (the "Closing Date"), unless such time is extended for good cause, pursuant to the terms of this agreement. If the time to exercise the option is extended pursuant to the provisions of this agreement, the Closing Date shall occur within ninety (90) days of the extended period. *June 30, 2003 i 1 Page .1 03- 473 3. ASSIGNMENT OF OPTION. The City may assign this option to any assignee and Optionor hereby consents to such assignment and will honor the option, as if the City had exercised it. The City or its assignee may exercise this option at any time on or before the day written above as the Option Expiration Date by written notice to the Optionor. In the event that the City, its assignee or other holder of the option, shall decide to purchase the property at the price and terms above within that time, the amount paid for this option shall be credited to the purchase price. However, the option money shall be fully refundable to City in the event any of the following occur: (a) an independent appraisal ordered by the City indicates a fair market value, which is less than 90% of the purchase price; (b) the City Commission fails to approve the purchase of the real property; (c) if a survey ordered by the City of the Property shows any encroachment on the Property or that improvements intended to be or presently located on the Property encroach on the land of others; (d) an environmental audit ordered by the City results in a finding that environmental contamination of the Property has resulted; and (e) the cost of clearing hazardous materials exceeds 5% of the purchase price; (f) the Optionor cannot deliver fully insurable and marketable title. If for any other reason other than (a)(b)(c)(d)(e) or (f) above, the City, any assignee or holder of the option do not conclude the purchase within the time agreed upon for closing, or if the City, any assignee or holder of the option do not exercise the option, then the amount paid for this option shall be retained by the Optionor in full and complete satisfaction for holding the Property subject to that option for such time. Upon due exercise of this option and payment of the balance of the purchase price the Optionor will deliver to the City, or its assigns, a warranty deed, a bill of sale, a no lien affidavit, and whatever other instruments in the opinion of the City are necessary to vest in Optionee fully good, clear insurable and marketable title, which constitutes legal and unencumbered title to the Property as of the date of delivery of the deed. All such instruments will be in a form acceptable to the City Manager and approved as to legal form by the City Attorney. This option may be recorded by the City in the Public Records of Dade County, Florida, and the holder of such option may purchase title insurance in an amount equivalent to the purchase price showing good, clear and marketable title in the Optionor. This Agreement is also contingent upon Optionee's funds for closing being available at closing. If such funds are not available then Optionee may in its sole discretion declare this Agreement void and it shall have no further force and effect as of that date. Opti. mor shall have no recourse whatsoever, at law or equity, (other than retention of the Option Payment set forth in §2 herein), against Optionee or the Property as a result of any matter arising out of this agreement at any time. Optionee's funds necessary to close are the sole responsibility of Optionee. Other than retention of the Option funds of the City, Optionor shall have no recourse whatsoever, at law or equity, against the City or the Property as a result of any matter arising at any time, whether before or after fee simple title is conveyed to the City, relating to Optionee's funds. Should the City's funds not be available for any reason, Optionor may elect to terminate this Agreement by written notice to the parties without liability to any party. In the event funds are not allocated and available for purchase of theproperty at closing Optionor's sole remedy will be to keep the Option Payment provided by §2 herein and the release of the Property from the instant option. The parties shall have no further responsibilities as to this Agreement. Page 2 03- 473 4A. ENVIRONMENTAL SITE ASSESSMENT. The City shall, at its sole cost and expense and at least 30 days prior to the Closing Date, procure an environmental site assessment of the Property, which meets the standard of practice of the American Society of Testing Materials ("ASTM"). The City shall use the services of competent, professional consultants with expertise in the environmental site assessing process to determine the existence and extent, if any, of Hazardous Materials on the Property. The examination of hazardous materials contamination shall be performed to the standard of practice of the ASTM. For Phase I environmental site assessment, such standard of practice shall be the ASTM Practice E 1527. If the Findings and Conclusions section of the assessment reports evidence of recognized environmental conditions, then a Phase II Environmental Site Assessment shall be performed to address any suspicions raised in the Phase I environmental site assessment and to confirm the presence of contaminants on site. For purposes of this Agreement "Hazardous Materials" shall mean any hazardous or toxic substance, material or waste of any kind or any other substance which is regulated by any Environmental Law (as hereinafter defined in paragraph 4.13.). The Phase I environmental site assessment shall be certified to the City and the date of certification shall be within 30 days before the date of closing. If a Phase II environmental site assessment is required, the City may extend the Option Expiration Date for a reasonable period not exceeding an additional ninety (90) days, by providing written notice 'to the Optionor. 4.13. HAZARDOUS MATERIALS. In the event that the environmental site assessment provided for in paragraph 4.A. confirms the presence of Hazardous Materials on the Property, City, at its sole option, may elect to terminate this Agreement and neither party shall have any further obligations under this Agreement. Should Jac City elect not to terminate this Agreement, Optionor shall, at his sole cost and expense and prior to the exercise of the option and closing, promptly commence and diligently pursue any assessment, clean up and monitoring of the Property necessary to bring the Property into full compliance with any and all applicable federal, state or local laws, statutes, ordinances, rules, regulations or other governmental restrictions regulating, relating to, or imposing liability or standards of conduct concerning Hazardous Materials ("Environmental Law"). However, should the estimated cost of clean up of Hazardous Materials exceed a sum which is equal to 5% of the Purchase Price, Optionor may elect to terminate this Agreement and no party sli.ill have any further obligatio::-; under this Agreement. In ilie event that Hazardous Materials placed on the Property prior to closing are discovered after closing, Optionor shall remain obligated hereunder, with such obligation to survive the closing and delivery and recording of the deed and the City's possession of the Property, to diligently pursue and accomplish the clean up of Hazardous Materials in a manner consistent with all applicable Environmental Laws and at Optionor's sole cost and expense. 4.C. REMEDIES/RIGHT OF TERMINATION. If the City discovers, the presence of Hazardous M, -Aerials on the Property in levels or concentrations, which exceed the standards, set forth by DERm, the State or the Federal (Jovernment, City shall notify Optionor in writing and deliver to Optionor copies of all written reports concerning such Hazardous Materials (the "Environmental Notice"). The City and Optionor shall have seven (7) business days from the date the Optionor receives the Environmental Notice to negotiate a mutually agreeable remediation protocol. In the event the City and Optionor are unable to reach agreement with respect thereto within the seven (7) business day period provided herein, the parties shall have the right within two (2) calendar days of the expiration of the seven (7) business day period to cancel this Agreement by Page 3 03- 473 written notice to the other party whereupon (i) all property data and all studies, analysis, reports and plans respecting the Property delivered by City to Optionor or prepared by or on behalf of the City shall be delivered by City to the Optionor; and then (ii) except as otherwise hereafter provided in this Section, the parties shall thereupon be relieved of any and all further responsibility hereunder and neither party shall have any further obligation on behalf of the other; and (iii) City shall be refunded the Option Payment. Further, in the event that either party elects to terminate this Agreement, Optionor shall indemnify and save harmless and defend the City, its officers, servants, agents and employees from and against any and all claims, suits, actions, damages, liabilities, expenditures or causes of action of whatsoever kind arising from Hazardous Materials placed on the Property prior to closing whether the Hazardous Materials are discovered prior to or after closing. Optionor shall defend, at his sole cost and expense, any legal action, claim or proceeding instituted by any person against the City as a result of any claim, suit, or cause of action for injuries to body, life, limb or property for which Hazardous Materials placed on the Property prior to closing are alleged to be a contributing legal cause. Optionor shall save the City, its officers, servants, agents and employees harmless from and against all judgments, orders, decrees, attorney's fees, costs, expenses and liabilities in and about any such claim, suit, investigation or defense thereof, which may be entered, incurred or assessed as a result of the foregoing. 5. RADON GAS. Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risk to persons who are -xposed to it over time. Lei c is of radon that exceed Federal and State Guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your County public health unit. 6. SURVEY. The City shall, at its sole cost and expense and not less than 90 days prior to the Closing Date, obtain a boundary survey of the Property prepared by a professional land surveyor licensed by the State of Florida, which meets the standards and requirements of Optionee ("Survey"). The Survey shall be certified to City and the title insurer and the date of certification shall be within 90 days before the date of closing, unless this 90 day time period is waived by City and by the title insurer, in writing, for purposes of deleting the standard exceptions for survey matters and easements or claims of easements not shown by the public records from the owner's title policy. If the Survey shows any encroachment on the Property or that improvements presently located or intended to be located on the Property encroach on the land of others, at the discretion of the City, the same shall be treated as a title defect. 7. TITLE INSURANCE. The City shall, at its sole cost and expense, and at least 35 days prior to the Closing Late, obtain a marketable title insurance commitment, to bo followed by ail owner's marketable title Insurance policy (ALTA Form "B") from a title insurance company, approved by the Optionee, insuring marketable title of the City to the Property in the amount of the Purchase Price. The City shall require that the title insurer delete the standard exceptions of such policy referring to: (a) all taxes, (b) unrecorded rights or claims of parties in possession, (c) survey matters, (d) unrecorded easements or claims of easements, and (e) unrecorded mechanics' liens. Page 4 03- 473 8. DEFECTS IN TITLE. If the title insurance commitment or survey furnished to the City pursuant to this Agreement discloses any defects in title, which are not acceptable to City, Optionor shall, within 30 days after notice from City, remove or cure said defects in title. Optionor agrees to use diligent effort to correct the defects in title within the time provided therefore, including the bringing of necessary suits. If Optionor is unsuccessful in removing the title defects within said time or if Optionor fails to make a diligent effort to correct the title defects, City shall have the option to either: (a) accept the title as it then is with a reduction in the Purchase Price by an amount determined by Optionee, (b) accept the title as it then is with no reduction in the Purchase Price, (c) extend the amount of time that Optionor has to cure the defects in title, or (d) terminate this Agreement, thereupon releasing City and Optionor from all further obligations under this Agreement. 9. INTEREST CONVEYED. At closing, Optionor shall execute and deliver to the City a statutory warranty deed in accordance with Section 689.02, Florida Statutes, conveying marketable title to the Property in fee simple free and clear of all mortgages, liens, reservations, restrictions, easements, leases, tenancies and other encumbrances, except for those that are acceptable encumbrances, in the sole opinion of City, and do not impair the marketability of the title to the Property or the intended use of the Property. The grantee in Optionor's Warranty Deed shall be the City of Miami, a municipal corporation of the State of Florida, unless the City has assigned this option as provided herein. 10. EXPENSES. Optionee will pay the documentary revenue stamp tax and all other taxes or costs associated with the conveyance, including the cost of recording the deed and any other recordable instruments that City deems necessary to assure good and marketable title to the Property. 11. CLOSING COSTS AND ADJUSTMENTS. At Closing, the following items shall be borne, adjusted, prorated or assumed by or between Optionor and Optionee as follows: A. Adjustments and Prorations. 1) Taxes and Assessments: All real estate taxes and assessments which are or which may become a lien against the Property shall be satisfied of record by Optionor at closing. In the event the City acquires fee title to the Property between January 1 and November 1, Optionor shall, in accordance with Section 196.295, Florida Statutes, place in escrow with the county tax collector an amount equal to the current taxes prorated to the date of transfer, based upon the current assessment and mileage rates on the Property. In the event the City acquires fee title to the Property- on or after November 1, Optionor shall pay to [lie county tax collector an amount equal to the taxes that are determined to be legally due and payable by the county tax collector. 2) Certified/Pending Liens: Certified, confirmed and ratified governmental liens and pending liens as of the Closing Date shall be paid by Optionor. Page 5 03- 473 3) Other Taxes, Expenses, Interest, Etc: Taxes (other than real property taxes), assessments, water and sewer charges, waste fee and fire protection charges, if applicable, shall be prorated as of the Closing Date. 4) Usual and Customary: Such other items that are usually and customarily pro -rated between purchasers and sellers of property in the area where the Property are located. All pro -rations shall utilize the 365 -day method. B. Closing Costs. 1) Each party shall be responsible for its own attorney's fees incurred in connection with the Closing. 2) Optionee shall pay all other closing and recording costs incurred in connection with the sale and purchase of the Property described in this Agreement, including, but not limited to: (i) all inspection and environmental testing costs; (ii) documentary stamps and surtax on the deed. (iii) all recording charges, filing fees payable in connection with the L:ansfer of the Property hereunder; 12. CLOSING PLACE AND DATE. The closing (the "Closing Date") shall be on or before 120 days after the date the City exercises the option; provided, however, that if a defect exists in the title to the Property, title commitment, survey, environmental site assessment, or any other documents required to be provided or completed and executed by Optionor, the closing shall occur either on the original closing date, or within 90 days following the extension of the Option Expiration Date due to a Phase II Environmental Site Assessment, or within 60 days after receipt of documentatioi, curing the defects, whiche�, r is later. City shall set the date, time and place of closing. The closing shall occur at a time and place to be set by the City at Suite 945, Miami Riverside Center, 444 SW 2"d Ave., Miami, Florida 33130, or at such other office address in Miami -Dade County, Florida as the City may designate in writing. 13. RISK OF LOSS AND CONDITION OF REAL PROPERTY. Optionor assumes all risk of loss or damage to the Property prior to the date of closing and warrants that the Property shall be transferred and conveyed to the City in the same or essentially the same condition as of the date of Optionor's execution of this Agreement, ordinary ,rear and tear excepted. However, in the event the condition of the Property is altered by an act of Uod or other natural force beyond the control of Optionor, City may elect, at its sole option, to terminate this Agreement and neither party shall have any further obligations or responsibilities under this Agreement. Optionor represents and warrants that there are no parties other than Optionor in occupancy or possession of any part of the Property. Optionor agrees to clean up and remove, at its own cost, all abandoned personal property, refuse, garbage, junk, rubbish, vermin, trash and debris from the Property to the satisfaction of the City prior to the exercise of the option by City. Page 6 03- 473 14. RIGHT TO ENTER PROPERTY AND POSSESSION. Optionor agrees that from the date this Agreement is executed by Optionor, Optionee, the City and/or its agents, upon reasonable notice, shall have the right to enter the Property for all lawful purposes in connection with this Agreement. Optionor shall deliver possession of the Property to the City at closing. 15. ACCESS. Optionor warrants that there is legal ingress and egress for the Property over public roads or valid, recorded easements that benefit the Property and provide for such access. 16. DEFAULT. If Optionor defaults under this Agreement, City may waive the default and proceed to closing, seek specific performance, or refuse to close and elect to receive the return of any money paid, each without waiving any action for damages, or any other remedy permitted by law or in equity resulting from Optionor's default. In connection with any dispute arising out of this Agreement, including without limitation litigation and appeals, each party will bear its own attorney's fees. 17. BROKERS. Optionor warrants that no persons, firms, corporations or other entities are entitled to a real estate commission or other fees as a result of this Agreement or subsequent closing, except as accurately disclosed on the disclosure statement in substantially the attached form as set forth in Exhibit `B". Optionor shall indemnify and hold City harmless from any and all such claims, whether disclosed or undisclosed. 18. RECORDING. This Agreement, or notice of it, may be recorded by City in the appropriate county or counties. 19. ASSIGNMENT. This Agreement may be assigned by City, in which event City will provide written notice of assignment to Optionor. In case of such assignment, the City's assignee assumes all of the City's duties hereunder and may fully exercise every right and privilege of the City pursuant to this agreement. The City will in such instance be discharged from any responsibilities hereunder. Optionor may not assign this Agreement without the prior written consent of City, which may be unreasonably withheld as the City is relying on Optionor's fee simple title to this Property. 20. TIME. Time is of essence with regard to all dates or times set forth in this Agreement. 21. SEVERABILITY. In the event any of the provisions of this Agreement are deemed to be unenforceable, the enforceability of the remaining provisions of this Agreement shall not be affected. 22. SUCCESSORS IN INTEREST. Upon Optionor's execution of this Agreement, Optionor's heirs, legal representatives, successors and assigns will be bound by it. Upon the City's exercise of the option, by and through its City Commission, the City and its successors and assigns will be bound by it. Whenever used, the singular shall include the plural and one gender shall include all genders. Page 7 03- 4'73 J 23. ENTIRE AGREEMENT. This Agreement contains the entire agreement between the parties pertaining to the subject matter contained in it and supersedes all prior and contemporaneous agreements, representations and understandings of the parties. No supplement, modification or amendment to this Agreement shall be binding unless executed in writing by the parties. 24. WAIVER. Failure of City to insist upon strict performance of any covenant or condition of this Agreement, or to exercise any right herein contained, shall not be construed as a waiver or relinquishment for the future of any such covenant, condition or right; but the same shall remain in full force and effect. 25. WAIVER OF TRIAL BY JURY. The parties hereby knowingly, voluntarily and intentionally waive any right they may have to a trial by jury or to file permissive counterclaims or to claim attorney's fees from the other party in respect to any litigation arising out of, under or in connection with this Agreement, or any course of conduct, course of dealing, statements (whether verbal or written) or actions of any party hereto. This provision is a material inducement for Optionor and City entering into this Agreement. 26. AGREEMENT EFFECTIVE. This Agreement or any modification, amendment or alteration thereto, shall not be effective or binding upon any of the parties hereto until it has been executed by all of the parties hereto. 27. ADDENDUM. Any addendum attached hereto that is signed by the parties shall be deemed a part of this Agreement and shall be annexed to the Agrccment. The Resolution of the City Commission of the Optionee shall, in addition to approving the purchase contemplated under this Agreement, empower the City Manager of the Optionee to modify this Agreement in the event a modification to this Agreement becomes necessary or desirable. 28. NOTICE. Whenever either party desires or is required to give notice unto the other, it must be given by written notice, and either delivered personally or mailed to the appropriate address indicated below, or such other address as is designated in writing by a party to this Agreement. Such notice shall be deemed given on the day on which personally served; or if by certified mail, on the fifth day after being posted or the date of actual receipt, whichever is earlier: City/Optionee: Joe Arriola, City Manager City of Miami 3500 Pan American Drive Miami, Florida 33133 Page 8 Optionor: Ary Moise 5910 NE 6`h Court Miami, FL 33137-2304 03- 473 Copies To: Keith Carswell, Director City of Miami Department of Economic Development 444 SW 2"d Avenue, 3rd Floor Miami, Florida 33130 Alejandro Vilarello City Attorney 444 SW 2nd Avenue, Suite 945 Miami, Florida 33130 29. SURVIVAL. The covenants, warranties, representations, indemnities and undertakings of Optionor set forth in this Agreement shall survive the closing, the delivery and recording of the deed and the City's possession of the Property. 30. GOVERNING LAWNENUE. This agreement shall be governed by and construed in accordance with the laws of the State of Florida, regardless of any conflicts of laws or other rules that would require the 'application of the laws of another jurisdiction. Venue for any action on or arising out of this Agreement shall be in Miami -Dade County Florida. The parties expressly waive the right to bring an action in any other venue that would be available absent this provision and, acknowledge that such waiver is a condition of, and material inducement for, the City of Miami entering into this Agreement. Page 9 03- 473 THIS AGREEMENT IS INITIALLY TRANSMITTED TO THE OPTIONOR AS AN INVITATION TO MAKE AN OFFER. IF THIS AGREEMENT IS NOT EXECUTED BY THE OPTIONOR ON OR BEFORE MARCH 14, 2004 THIS OFFER WILL BE VOID UNLESS THE CITY, AT ITS SOLE OPTION, ELECTS TO ACCEPT THIS OFFER. THE EXERCISE OF THIS OPTION IS SUBJECT TO: (1) APPROVAL OF THIS AGREEMENT, (2) PURCHASE PRICE, (3) CONFIRMATION THAT THE PURCHASE PRICE IS NOT IN EXCESS OF THE APPRAISED VALUE OF THE PROPERTY, AND (4) THE CITY AND OPTIONEE APPROVAL OF ALL DOCUMENTS TO BE FURNISHED HEREUNDER BY OPTIONOR, AND (5) APPROVAL OF THE CITY COMMISSION OF THE CITY OF MIAMI FLORIDA IS REQUIRED AS A CONDITION PRECEDENT TO THE EXERCISE OF THIS OPTION. THIS IS TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE AD/E OF AZA- ATTORNEY PRIOR TTOO SIGNING. DATED this // day of '2003. SES: Optionor: � 1 Gti P t N /�/l�/,� p/ f f to Optionor) STATE OF FLORIDA) COUNTY OF MIAMI-DADE) BEFORE ME, the undersigned authority, personally appeared AV /Vg "'_se , who first being duly sworn, deposes and says that (he)(she) executed the above instrument for the purposes therein expressed. SWORN TO AND SUBSCRIBED before me this j =,4, day of /f/� ��� , 2003 ( ) Personally known Produced as Identification: DL. J� 1q1cn- Ceh--hG-�;��(�-f; (NOTARY PUBLIC) SEAL �j' Notary Public MADELINE VALDES (Printed, Typed 4 Wdff=.ION F cc 984094 Jan 25.2005 Commission No. .,.,,A, Fl.WWVserviceaeondM inc. My CommissionxE' Aires: Page 10 03- 473 ATTEST: Priscilla A. Tho pson, City Vlerk STATE OF FLORIDA) COUNTY OF DADE ) Optionee: CITY MIAMIf*a municipal\coi of the tat of Flo By: J e ola, City Manager APR 4 2003 Offe signed by Optionee APPROVED AS TO INSURANCE REQUIREMENTS: Diane J. Ericson Risk Management Administrator The foregoing instrument was acknowledged before me this 1 day of by Jog AsiriQitq as City Manager for the City of Miami, a municipal corporation of the State of Florida. I personally know him. (NOTARY PUBLIC) SEAL Ofelia E. Perez '; Commission # CC 843726 Expires Judy 26, 2003 Bonded Thru AEInntio Bonding Co., Inc. r vt No Ory Public (Printed, Typed or Stamped Name of Notary Public) Commission No.: My Commission Expires: Page 11 03- 473 Exhibit "A" Address: 255 NE 59th Terrace Miami, FL Legal Description: LOT 45 LESS ST PIERCES DIV BISCAYNE PARK A RESUB PB 1-198 SECTION 18 TOWNSHIP 53 RANGE 42 EAST. Page 12 03- 473 ***************************************************************************** ATTN MADELINE VALDES 3/13/03 CORPORATE DETAIL RECORD SCREEN 10:01 AM NUM: P94000063372 ST:FL ACTIVE/FL PROFIT FLD: 08/29/1994 FEI## : 65-0514863 NAME ARY MOISE INTERNATIONAL, INC. PRINCIPAL: 5910 NE 6 CT CHANGED: 04/16/99 ADDRESS MIAMI, FL 33137 MAILING P.O. BOX 381331 CHANGED: 06/07/96 ADDRESS MIAMI, FL 33238-1331 RA NAME MOISE, ARY RA ADDR 1717 N. BAYSHORE DR. SUITE 3033 MIAMI, FL 33132 US ANN REP (2000) A 09/18/00 (2001) A 05/03/01 (2002) A 05/27/02 3/13/03 OFFICER/DIRECTOR DETAIL SCREEN 10:02 AM CORP NUMBER: P94000063372 CORP NAME: ARY MOISE INTERNATIONAL, INC. TITLE: D NAME: MOISE, ARY P.O. BOX 381331 MIAMI, FL 33238 ----- THIS IS NOT OFFICIAL RECORD; SEE DOCUMENTS IF QUESTION OR CONFLICT ---- 03- 473 TO FROM CITY OF MIAMI, FLORIDA 25 INTER -OFFICE MEMORANDUM The Honorable d M bers of City Commissio J e Arriola C i Administrator RECOMMENDATION: APR 2 9 2003 DATE: FILE: Option to Purchase Real Property SUBJECT: Located at 255 NE 59h LHP# 56 Terrace in connection with Little Haiti Park REFERENCES: ENCLOSURES: Resolution and Option to Purchase Real Property Agreement It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the City Manager to exercise the option to purchase the Property located at 255 NE 59"' Terrace (the Property), Miami, Florida, as legally described in the Option Agreement between the City of Miami and Ary Moise (Seller) attached hereto and made a part hereof, in connection with the development of Little Haiti Park, with a purchase price of $18,500, and to consummate said transaction in accordance with the terms of said Option Agreement. This Resolution further allocates funds in the amount of $21,500 from the $255 Million Homeland Defense/Neighborhood Improvement Bond to cover the cost of said acquisition inclusive of cost of survey, appraisal, environmental report and title insurance associated with said acquisition. BACKGROUND: On September 25, 2001 the City of Miami Commission adopted Resolution 01-1029 directing the City Manager to take all steps necessary to initiate and implement the development of a first class park in the Little Haiti area (the Park Project). The boundaries for the Park Project as established by the City Commission are to be from Northeast 59th Street to Northeast 670' Street between Northeast 2nd Avenue and the Railroad Tracks. On April 11, 2002 the City of Miami Commission adopted Resolution 02-395 directing the City Manager to expedite the land acquisition for the Park Project approved in the $255 Million Homeland Defense/Neighborhood Improvement Bond Issue. The above referenced property is within the park boundaries and is necessary as part of.the land assembly required for the Little Haiti Park Project. An independent appraisal was procured establishing Eighteen Thousand Five Hundred ($18,500.00) dollars as the fair market value for the Property. The Department of Economic Development prepared, and the City Manager executed, an Option Agreement to purchase this property for $18,500, with an option payment of $100.00. FINANCIAL EMIPACT There is no impact to the City's General Fund. Total acquisition cost of $21,500.00 will be provided through CIP NO. 331412 entitled "Little Haiti Park Land Acquisition and Deveell_,o� e JA:L�MH dd_.memo.o tion1h 56.doc P P 03- 473 Budgetary Impact Analysis Department Economic Development Division: Property Commission Meeting Date: May 8, 2003 Title and brief description of legislation or attached ordinance/resolution: Resolution authorizing the City Manager to execute the option to purchase the Property located at 255 NE 59`h Terrace between the City of Miami and AryMoise, CIP No. 331412. 1. Is this item related to revenue? No Yes ❑ Revenue Source: 2. Is this item an expenditure? No ❑ Yes General Fund Account No: Special Revenue Fund Account No: CIP Project No: # 331412 Amount: $21,500.00 3. Are there sufficient funds in Line Item? No: ❑ Yes: ❑ Sufficient funds will he transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL From $ From $ To $ To $ 4_ Is this item funded by Homeland Defense/Neichborhood Imorovement Bonds? No n Yes W/ PROJECT NAME TOTAL BOND 1" SERIES DOLLARS SPENT BALANCE ALLOCATION APPROPRIATION TO DATE Little Haiti Park ZS100O)CM OXIOWIMD 219,209 t9,1$D,191 Comments: Funds will be taken from the $25,000,000 allocated in the Homeland Defense Bond for Little Haiti Park. AA ve y: DepahmWt Director/Designee Budgeting & Date: q—lq_ et> C.I.P AWIRWAI Date APPROVALS Verified by CIP: (If applicable) Director/Designee Date: 03- 473 J-01-828 09/25/01 RESOLUTION NO. — 01-1029 . A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY MANAGER To TAKE ALL STEPS NECESSARY TO INITIATE AND IMPLEMENT THE DEVELOPMENT OF A FIRST-CLASS PARK IN THE LITTLE`HAITI AREA FROM NORTHEAST 59TR TO NORTHEAST..- 6717 * STREETS BETWEEN NORTHEAST 2ND AVENUE AND THE RAILROAD TRACKS MIAMI, FLORIDA; FURTHER DIRECTING THE CITY MANAGER TO INSTRUCT (1) THE DEPARTMENT . OF PUBLIC WORKS TO CONDUCT ENVIRONMENTAL STUDIES, (2) THE LITTLE HAITI NET OFFICE TO PERFORM A DETAILED NEIGHBORHOOD AND USE ASSESSMENT (RESIDENTIAL, COMMERCIAL AND OFFICE), AND (3) THE DEPARTMENT OF PLANNING AND ZONING TO INITIATE . THE LAND DESIGNATION AND ZONING PROCEEDINGS NECESSARY TO ACCOMPLISH THIS OBJECTIVE. BE IT RESOLVED BY THE COMMISSION OF , THE CITY OF MIAMI, FLORIDA; Section 1. The City Manager is directed to take all .steps necessary to initiate and implement the developmentlof a first-class paik in. the Little Haiti area from Northeast 59"' to Northeast 67'-" Streets, between Northeast 2"d Avenue an d' the railroad ailroad tracks, Mia -mi, Florida. Section 2. The City Manager is further instruct (1) the Department of Public works 03-. .47 3 envi: mental studies, (2) the L:Cttle Haiti Net Offic perform a detailed neighborhood and use assessment (resider commercial and office), and (3) the Department of Plannin, Zoning to initiate the land designation and zoning proc-ee necessary to accomplish this objective. Section 3.., This. -Resolution shall become effe, immediately upon its adoption and signature of the 'MayorY PASSED AND ADOPTED this 25th day of September 2C JOB CAROLLO, MAYOR this IN-11131a!ion by v-1, (I r,; -td 6-3t . .17. in b6catq 2;*AMww-, of becoma c? .• .,Ilrn r=1 GlicMe'vo jttj'.� 00, C0fj-LTjrGknZC90ft regard'ng &a -_"e, • Mayor a A A akar J. Foemen, City Clerk 'ATTEST: WALTER J. FOEMAN CITY CLERK APPROVED AS TO-FORMmss:*e, �O� 2bRREC ?U*J701DRO VILARALLO- t,Cp ATTORNEY'/ If the Mayor does not sign this Resolution, it shall become effective 2 the end of ten calendar days from the date it was passed. and adopted. I the mayor vetoes this Resolution, it shall become effective immediatel upon override of the veto by the City Comiesion. Page 2 of 2 03- 473 TOT J-02-342 4/8/02 RESOLUTION NO. 02- 395 A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY MANAGER TO EXPEDITE THE LAND ACQUISITION PROCESS FOR PROJECTS APPROVED IN THE $255 MILLION HOMELAND DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND ISSUE; AND -AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH LAND ACQUISITION SPECIALISTS, AS APPLICABLE. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is directed to expedite the land acquisition process for projects approved in the $255 million Homeland Defense/Neighborhood Improvement bond issue. Section 2. The City Manager is authorizedl/ to negotiate and execute agreements, in a form acceptable to the City Attorney, with land acquisition specialists, as applicable. ii The herein authorization is further subject to. compliance with fall requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. 03- 473 L'i 7 Qp�S� IRI G =- aF^ 1 1 2002 Resolution No. Section 3. This Resolution . shall become effective immediately upon -f z -s adoption and signature of the Mayor. z/ PASSED AND A=OPTED this lith day of April 2002. l NUEL A. DIAZ, MAYO t ATTEST: PRISCILLA A. TECec--r-ON CITY CLERK APPROVED AS TO Y�yS AND CORRECTNESS:/ Atl7JANDRO V I LAa - O C Y ATTORNEY 6175:LB =� If the Mayc= =kzo=s not sign this Resolution, it shall become effective at the end of =—=� calendar days from the date it was passed and adopted. If the Ma_:== vetoes this Resolution, it shall become effective immediately =;>=- override c the veto by the City C -'-mission. Page 2 of 2 TO: Priscilla A. Thompson City Clerk CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM DATE: March 31, 2003 FILE: SUBJECT FROM : /Z REFERENCES: n Keith 3c�rswe ire ctor a� Department conomic Development ENCLOSURES: Option to Purchase Real Property Located at 255 NE 591' Terrace LHP # 56 in Connection with Little Haiti Park Enclosed you will find an ad for notice of a public hearing to be held by the City Commission on Rr, a-, AOCD for the purpose of authorizing the City Manager to exercise the option to purchase th1property located at 255 NE 59`" Terrace, Miami, Florida as legally described in the Option Agreement between the City of Miami and Ary Moise (Seller) in connection with the development of Little Haiti Park. Further establishing the purchase price of $18,500 and to consummate said transaction in accordance with the terms of said Option Agreement. Please place the ad in accordance with public hearing requirements of the City Commission. Thank you for your assistance in this matter. Approved �y ;> = Elvi Gallastegui-Alonso, Agenda Coordinator Enclosure KC:1b:mv:dd:ADLHP56.doc 03- 473 CITY OF MIAMI NOTICE OF PUBLIC HEARING A public hearing will be held by the City Commission of the City of Miami, Florida on May 8, 2003, at 4:30 p.m., at Miami City Hall, 3500 Pan American Drive, Miami, Florida, for the purpose of authorizing the City Manager to exercise the option to purchase the property located at 255 NE 59`" Terrace, Miami, Florida as legally described in the Option Agreement between the City of Miami and Ary Moise (Seller) in connection with the development of Little Haiti Park. Further establishing the purchase price of $18,500 and to consummate said transaction in accordance with the terms of said Option Agreement. All interested persons are invited to appear and may be heard concerning such proposed option to purchase. Should any person desire to appeal any decision of the City Commission with respect to any matter considered at this hearing, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon any appeal may be based. (City Seal) Priscilla A. Thompson (11019) City Clerk 03- 473