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HomeMy WebLinkAboutR-00-0702J-00-667 7/27/00 RESOLUTION NO. 00- '702 )V2 A RESOLUTION OF THE CITY OF MIAMI COMMISSION AUTHORIZING THE CITY MANGER TO ACCEPT THE ASSIGNMENT OF THE CONTRACT FROM CARR FOUR CORPORATION ("CARR FOUR CONTRACT") FOR THE PURCHASE OF AN APARTMENT BUILDING LOCATED AT 365 NORTHWEST 8TH STREET, MIAMI, FLORIDA, FROM 365 CORPORATION IN AN AMOUNT NOT TO EXCEED $225,000, AND CONTIGENT UPON REIMBURSEMENT FOR SAID PURCHASE FROM THE COMMUNITY REDEVELOPMENT AGENCY; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, the City of Miami approved and adopted the Southeast Overtown/Park West Community Redevelopment Plan pursuant to Resolution Nos. 82-755 and 85-1247 (the "Redevelopment Plan"); and WHEREAS, the City endorses and facilitates redevelopment activities and projects in the Southeast Overtown/Park West Redevelopment Area established pursuant to' the Redevelopment Plan; and WHEREAS, the acquisition of, certain properties in close proximity to the Redevelopment Area will enhance redevelopment activities and projects and the property located at 365 Northwest 8th Street is located so as to be a gateway to the 3rd Avenue Business Corridor; and WHEREAS, the City Commission wishes to authorize the City Manager to accept an assignment of the Carr Four Contract; 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. Section 2. The City Manager is authorizedll to accept the assignment of the contract from Carr Four for the purchase of an apartment building located at 365 Northwest 8th Street, Miami, Florida, from 365 Corporation, in an amount not to exceed $225,000, contingent upon reimbursement for said purchase from 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. Page 2 of 3 on _. 702 the Community Redevelopment Agency, subject to compliance with §166.045, Florida Statutes, and other applicable laws. Section 3. The City Manager is authorized 21 to execute all necessary documents, in a form acceptable to the City Attorney, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. 3/ PASSED AND ADOPTED this 27th day of July 2000. JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-36, since the Mpyor did not indicate a pproval of this legislation by signing it in the designates! .ply. e prnvic said lopi, noW becomes effective with the elapse of ten (10) day om th=e' ^ e n � � i s�►iun ATTEST: regarding same, without the Mayorer�cisin� eto. , City Clerk WALTER J. FOEMAN, CITY CLERK APPROVE2eAS YO FORM AN 'ORRECTNESS:V 4573:LB:BSS v Ibid. 3/ 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 3