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HomeMy WebLinkAboutR-99-0434J-99-519 6/14/99 RESOLUTION NO. 9 9 " 49104 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), WAIVING CERTAIN COMPETITIVE BIDDING REQUIREMENTS PERTAINING TO THE DISPOSITION OF CITY -OWNED PROPERTY UNDER THE AFFORDABLE HOUSING EXCEPTION PROVIDED IN SECTION 29-B OF THE CHARTER OF THE CITY OF MIAMI, AS AMENDED; DECLARING SURPLUS AND FURTHER APPROVING THE SALE OF A CITY -OWNED REAL PROPERTY LOCATED AT 1609 NW NORTH RIVER DRIVE, MIAMI, FLORIDA, (THE "PROPERTY"), TO NORTH RIVERVIEW APARTMENTS, INC.; ESTABLISHING $12,500 AS THE AMOUNT TO BE PAID TO THE CITY OF MIAMI BY THE AFOREMENTIONED CORPORATION FOR THE PROPERTY; AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT (THE "AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, AND TO CONSUMMATE SUCH TRANSACTION IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT, WHICH TERMS MAY BE AMENDED BY THE CITY MANAGER AS MAY BE NECESSARY IN ORDER TO EFFECT SUCH SALE IN AN EXPEDITIOUS MANNER. WHEREAS, in April of 1998, Jesus V. Suarez, owner of North Riverview Apartments, Inc., proposed to purchase a vacant City - owned parcel located at 1609 NW North River Drive; and WHEREAS, North Riverview Apartments, Inc., the adjacent property, seeks to use a 25 foot strip of the property as a parking lot for residents leasing units; and WHEREAS, North Riverview Apartments, Inc., has 25 units, 15 of which are subsidized under the Miami -Dade County Shelter Plus Care Program, a federally funded permanent housing program that ATTACH EP41 � 'J CONTAINED J U N 2 2 1999 Re901UWM Na .. . provides assistance to homeless individuals and/or families with disabilities; and WHEREAS, Section 29-B of the City Charter allows for the conveyance or disposition of City -owned property in connection with the implementation of City -assisted housing program or projects which are intended to benefit persons or households of very low, low and/or moderate -income without being subject to competitive bidding requirements and fair market value return to the City; and WHEREAS, the Metro -Dade County Shelter Plus Care Program regulations require that eligible candidates be persons with very low income; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. Certain competitive bidding requirements pertaining to the disposition of City -owned property under the affordable housing exception provided in Section 29-B of the Charter of the City of Miami, as amended, are hereby waived. Section 3. The property located at 1609 NW North River - 2 - 99- 434 Drive, Miami, Florida is hereby declared surplus. Section 4. The City Manager is hereby authorized and directed to sell the City -owned real property described in Exhibit "A" attached hereto and made a part hereof, (the "Property") to Jesus V. Suarez owner of North Riverview Apartments, Inc. Section 5. The City Commission hereby establishes $12,500 as the total acquisition amount to be paid to the City by North Riverview Apartments Inc., for the acquisition of the Property. Section 6. The City Manager is hereby authorized!' to execute a Purchase and Sale Agreement, in substantially the attached form, with North Riverview Apartments Inc., and to consummate such transaction in accordance with the terms and conditions of the Agreement which terms may be amended by the City Manager as may be necessary in order to effect such sale in '-� 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. - 3 - 99- 434 an expeditious manner. d'a tely Section 7. This Resolution shall become effective imme � upon its adoption and signature of the Mayor./ PASSED AND ADOPTED this 22nd day of Tune 1 1999. JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-36, since the 1:,12ycr dirt not indicate apprown-1 01 this legislation by signing it in the designated place ~ t 00d, ;paid legislation becomes effective with the elapse of ten (10) d , l fro tho of C"0mi icn actior, regarding same, without the Mayor exe c si g a ve j ATTEST: ------ -- _ Waiter J. r-'ne City Claric WALTER J. FOEMAN CITY CLERK D COR�.ECTNESS APPRO D AS iyyi"`` O r ,®/ ATTORNEY 528:RCL ?� If the Mayor does not sign this Resolution, it shall become as effective at the end of ten c alen passed and adopted. Mayor rdays f t he date it W vetoes thisResolution, it on override of the veto by shall become effective immediately upon the City Commission- - 4 - 99— 404 EXHIBIT "A" Legal Description The west twenty-five (25) feet of Lot 20 of ST. JOHN PARK, according to the Plat thereof, as recorded in Plat Book 5 at Page 19 of the Public Records of Dade County, Florida Street Address 1609 NW North River Drive Miami, Florida 99- 434 PURCHASE AND SALE AGREEMENT THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this day of . 1999, by and between the City of Miami, a municipal corporation of the State of Florida, with offices at 444 SW 2 Avenue, Miami, Florida 33130 (the "Seller'), and North Riverview Apartments, Inc., a Florida for profit corporation, with offices at 4095 SW 67 Avenue, Miami, Florida 33155, (the "Purchaser'). The Parties hereby agree that Seller shall sell and Purchaser shall buy the following property upon the following terms and conditions: 1. DESCRIPTION OF PROPERTY a) Legal Description: The west twenty-five (25) feet of Lot 20 of ST. JOHN PARK, according to the Plat thereof, as recorded in Plat Book 5 at Page 19 of the Public Records of Dade County, Floridai b) Street Address: 1609 NW North River Drive Miami, Florida 2. PURCHASE PRICE AND PAYMENT The Purchaser agrees to pay and the Seller agrees to accept for the Property the sum of TWELVE THOUSAND FIVE HUNDRED DOLLARS ($12,500) (the "Purchase Price"). The Purchase Price shall be payable as follows: At Closing, the Purchase Price increased or decreased by adjustments, credits, prorations, and expenses as set forth in Section 10 or any other provision of this Agreement shall be paid by the Purchaser to the Seller in the form of cashier's check, certified check, official bank check or wire transfer. 3. ENVIRONMENTAL MATTERS A. Definitions. For purposes of this Agreement: The term "Hazardous Materials" shall mean and include without limitation, any substance which is or contains (A) any "hazardous substance" as now or hereafter defined in the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended. (42 U.S.C., Section 9601 et seq.) ("CERCLA") or any regulations promulgated under or pursuant to CERCLA; (B) any "hazardous waste" as now or hereafter defined in the Resource Conservation and Recovery Act (42 U.S.C., Section 6901 et seq.); (C) any substance regulated by the Toxic Substances Control Act (15 U.S.C., 99- 434 Section 2601 et. Seq.); (D) gasoline, diesel fuel, or other petroleum hydrocarbons; (E) asbestos and asbestos containing materials, in any form, whether friable or non -friable; (F) polychlorinated biphenyls; and (G) any additional substances or material which: (i) is now or hereafter classified or considered to be hazardous or toxic under Environmental Requirements as hereinafter defined; (ii) causes or threatens to cause a nuisance on the Property or adjacent property or poses or threatens to pose a hazard to the health or safety of persons on the Property or adjacent property; or (ni) would constitute a trespass if it emanated or migrated from the Property. The term "Environmental Requirements" shall mean all laws, ordinances, statutes, codes, rules, regulations, agreements, judgments, orders and decrees, now or hereafter enacted, promulgated, or amended of the United States, the State of Florida, Miami -Dade County, the City of Miami, or any other political subdivision, agency or instrumentality exercising jurisdiction over the Seller or the Purchaser, the Property, or the use of the Property, relating pollution, the protection or regulation of human health, natural' resources, or the environment, or the emission, discharge, release or threatened release of pollutants, contaminants, chemicals, or industrial, toxic or hazardous substances or waste or Hazardous Materials into the environment (including, without limitation, ambient air, surface water, groundwater, land or soil). B. Disclaimer As To Environmental Matters. Purchaser acknowledges and agrees that Seller has not made, does not make and specifically negates and disclaims any representations, warranties, promises, covenants, agreements or guaranties of any kind or character whatsoever, whether express or implied, oral or written, (past, present, or future) of, as to, concerning or with respect to environmental matters with reference to the Property, including, but not limited to: (a) the value, nature, quality or condition of the Property, including, without limitation, the water, soil and geology, (b) the compliance of or by the Property, or its operation with any Environmental Requirements, (c) any representations regarding compliance with any environmental protection, pollution or land use, zoning or development of regional impact laws, rules, regulations, orders or requirements, including the existence in or on the Property of Hazardous Materials. Purchaser further acknowledges and agrees that any information provided or to be provided with respect to the Property was obtained from a variety of sources and that Seller has not made any independent investigation or verification of such information and makes no representations as to the accuracy or completeness of such information but Seller agrees that it will not intentionally withhold information and Seller will not knowingly provide any false or misleading information. Seller is not liable or bound in any matter by any oral or written statements, representations or information 2 99- 434 pertaining to the Property, or the operation thereof, furnished by any agent, employee, servant or other person. C. Waiver and Release and Indemnification. Purchaser acknowledges that prior to entering into this Agreement, Purchaser was given an opportunity to inspect the Property and to conduct such testing as Purchaser deemed necessary to investigate the environmental condition of th.e Property. Purchaser acknowledges and agrees that to the maximum extent permitted by law, the sale of the Property as provided for herein is made on an "AS IS" condition and basis with all faults. As additional consideration for the purchase of this Property: (i) Purchaser hereby covenants and agrees that upon transfer of the title from the Seller to Purchaser, Purchaser, on behalf of : - =- itself and its successors and assigns, thereafter waives, releases, acquits, and forever discharges Seller, its heirs, and the successors and assigns of any of - the preceding, of and from any and all claims, actions, causes of action, demands, rights, damages, costs, expenses or compensation whatsoever, direct or indirect, known or unknown, foreseen or unforeseen, which Purchaser or any of its successors or assigns now has or which may arise in the future on account or in any way related to or in connection with any past, present, or future physical characteristic or condition of the Property including, without limitation, any Hazardous Materials in, at, on, under or related to the Property, or any violation or potential violation or any Environmental Requirement applicable thereto. In addition, Purchaser thereafter specifically waives all current and future claims and causes of action against Seller arising under CERCI A, RCRA, Chapters 376 and 402, Florida Statutes, and any other federal or state law or county regulation relating to Hazardous Materials in, on, or under the Property; and (ii) Purchaser hereby covenants and agrees that for a period of fifteen (15) years from and after transfer of the title from the Seller to Purchaser, Purchaser, on behalf of itself and its successors and assigns, shall indemnify and hold harmless the Seller from any and all claims, actions, causes of action, demands, rights, damages, costs, expenses or compensation whatsoever, direct or indirect, known or unknown, foreseen or unforeseen, which are asserted by any third party against the Seller on account or in any way related to or in connection with any past, present, or future physical characteristic or condition of the Property including, without limitation, any Hazardous Materials in, at, on, under or related to the Property, or any violation or potential violation or any Environmental Requirement applicable thereto. The waiver, release and indemnification provisions set forth above shall survive the Closing. 99- 434 4. TITLE EVIDENCE Purchaser, at its sole cost and expense, shall be responsible for obtaining all title documents which Purchaser requires in order to ascertain the status of title. Purchaser agrees to forward a copy of the aforementioned title documents to Seller immediately upon Purchaser's receipt thereof. 5. DISCLAIMER OF WARRANTIES AS TO PROPERTY, "AS IS" CONVEYANCE. A. Except as otherwise previously provided in Sections 4 and 5 of this Agreement, Purchaser is purchasing the Property in an "AS IS" condition and specifically and expressly without any warranties, representations or guaranties, either express or implied, of any kind, nature or type whatsoever from or on behalf of Seller. Without in any way limiting the generality of the immediately preceding, and in addition to the specific disclaimers set forth in Section 4 of this Agreement with respect tb Environmental Matters, Purchaser and Seller further acknowledge and agree that in entering into this Agreement and purchasing the Property: (1) Purchaser hereby acknowledges that Seller has not made, will not and does not make any warranties or representations, whether express or implied, with respect to the Property, its condition, the value, profitability, or marketability thereof, (2) Purchaser acknowledges that with respect to the Property, Seller has not and will not make any warranties, whether express or implied, of merchantability, habitability or fitness for a particular use or suitability of the Property for any and all activities and uses which Purchaser may conduct thereon; (3) Purchaser acknowledges that Seller has not made, will not and does not make any representations, whether express or implied, with respect to compliance with any land use, zoning or development of regional impact laws, rules, regulations, orders or requirements. (4) Purchaser acknowledges that Purchaser has made and/or shall be given an adequate opportunity to make such legal, factual and other .inquiries and investigations as Purchaser deems necessary, desirable or appropriate with respect to the Property, the value or marketability thereof and of the appurtenances thereto. Such inquiries and investigations of Purchaser shall be deemed to include, but shall not be limited to, the condition of all portions of the Property and such state of facts as an accurate abstract of title would show; (5) Purchaser acknowledges that Purchaser has not relied, and is not relying, upon any information, document, projection, proforma, statement, representation, guaranty or warranty (whether express or 4 99- 434 implied, or oral or written or material or immaterial) that may have been given by or made by or on behalf of Seller. B. The provisions of this Section shall survive the closing. 6. RESTRICTIONS. EASEMENTS AND LIMITATIONS The Purchaser further agrees it shall take title subject to: zoning, restrictions, prohibitions, and other requirements imposed by governmental authority; restrictions and matters appearing on the public records, including but not limited to deed restrictions and reversionary interest and all recorded and unrecorded public utility easements and any matters that would be disclosed on a survey of the property. 7. CLOSING DATE Closing shall take place within forty-five (45) days after the Effective Date, at a mutually agreeable time (the "Closing") at the City of Miami, Office of Asset Managen�ent located at 444 SW 2 Avenue, Suite 325, Miami, Florida. The parties may, subject to mutual agreement, establish an earlier date for Closing. 8. COVENANT TO PAY FOR MUNICIPAL SERVICES The Purchaser agrees that concurrently with the conveyance of the Property, at Closing, the Purchaser shall furnish a covenant which will run with the land and shall be binding on the Purchaser, its successors, heirs and assignees, in favor of the Seller and enforceable by Seller, to be recorded in the public records of Miami -Dade County. This covenant shall provide that if the Property, or any portion thereof, is purchased by an "immune" or "exempt" entity or is utilized for exempt purposes, that so long as the City of Miami provides municipal services to the Property that the owner shall pay to the City of Miami an annual payment, which shall never be less than, the amount of taxes that the City of Miami would be entitled to receive from the Property based on the fair market value of the Property. 9. COVENANT TO RESTRICT USE The Purchaser agrees that concurrently with the conveyance of the Property, at Closing, the Purchaser shall furnish a covenant which will run with the land and shall be binding on the Purchaser, its successors, heirs and assignees, in favor of the Seller and enforceable by Seller, to be recorded in the public records of Miami -Dade County. This covenant will restrict the use of the Property for parking lot purposes to be used in connection with the adjacent apartment building which must continue to provide assistance to individuals and/or households of very low, low and/or moderate -income. 99- 434 I 10. CLOSING DOCUMENTS A) At Closing, Seller shall execute and/or deliver to Purchaser the following: (1) Quit Claim Deed; (2) A Closing Statement; (3) A Seller's Affidavit and a Non -Foreign Affidavit; (4) Such documents as are necessary to fully authorize the sale of the Property by Seller and the execution of all closing documents; and (b) Any other documents reasonably necessary or advisable to consummate the transaction contemplated hereby B) Purchaser's Closing Documents: At Closing, Purchaser shall execute and/or deliver to Seller the following: (1) Closing Statement; (2) Such documents as are necessary to fully authorize the purchase of the Property by Purchaser and the execution of all closing documents; (3) Any other documents reasonably necessary or advisable to consummate the transaction contemplated hereby; and (4) Purchaser shall pay to Seller the balance of the Purchase Price as provided for in Section 2 hereof. 11. CLOSING COSTS AND ADJUSTMENTS At Closing, the following items shall be borne, adjusted, prorated or assumed by or between Seller and Purchaser as follows: A. Adjustments and Prorations 1) Certified/Pending- Liens: Certified, confirmed and ratified governmental liens as of the Closing Date shall be paid by Seller. Pending liens as of the Closing Date shall be assumed by Purchaser. 2) Other Taxes, ExUenses. Interest. Etc: Taxes, assessments, water and sewer charges, waste .fee and fire protection charges, if applicable, shall be prorated. 6 99- 434. 12. 13. 14. 3) Usual and Customary: Such other items that are usually and customarily pro -rated between purchasers and sellers of properties in the area where the Property is located. All pro - rations shall utilize the 365-day method. B. Closing Casts (1) Each party shall be responsible for its own attorney's fees incurred in connection with the Closing. (2) Purchaser 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 recording charges, filing fees payable in connection with the transfer of the Property hereunder; RISK OF LOSS The Purchaser assumes all risk of loss or damage to the Property by fire or other casualty, or acts of God, as of the Effective Date. RELEASE AND INDEMNIFICATION Purchaser and anyone claiming by, through or under Purchaser hereby fully and irrevocably release Seller, its employees, officers, directors, representatives, agents, successors and assigns (collectively the Seller) from any and all claims that it may now have or hereafter acquire against the Seller for any cost, loss, liability, damage, expense, demand, action or cause of action arising from or related to any defects, errors, omissions or other conditions, including, but not limited to, environmental matters, affecting the Property, or any portion thereof. The foregoing, however, is not intended to release Seller from its obligations under this Agreement. DESIGNATION OF REPRESENTATIVES Purchaser and Seller acknowledge that proper communication between Purchaser and Seller, is important. Accordingly, to facilitate such communication, the Purchaser and Seller have appointed the following persons on their respective behalves to be their representatives, to wit: On behalf of Seller: Laura Billberry City of Miami Office of Asset Management On behalf of Purchaser. Jesus (Jay) V. Suarez North Riverview Apartments, Inc. 4095 SW 67 Avenue 99 -- 434 444 SW 2 Avenue, 3rd Floor Miami, FL 33130 Telephone (305) 416-1450 Fax (305) 416-2156 15. NOTICES 16. 17. Miami, Florida 33155 Telephone (305) 661-2000 Beeper (305) 548-2000 Fax (305) 665-5464 All notices or other communications which may be given pursuant to this Agreement shall be in writing and shall be deemed properly served if delivered by personal service or by certified mail addressed to Seller and Purchaser at the address indicated herein. 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: Seller: Donald H. Warshaw, City Manager City of Miami 444 SW 2 Avenue, 10th Floor Miami, FL 33130 Copies To: Laura Billberry City of Miami Office of Asset Management 444 SW 2 Avenue, 3rd Floor Miami, FL 33130 Alejandro Vilarello City Attorney 444 SW 2 Avenue, Suite 945 Miami, FL 33130 CAPTIONS AND HEADINGS ,Purchaser. Jesus (Jay) V. Suarez North Riverview Apartments, Inc. 4095 SW 67 Avenue ; Miami, Florida 33155 Nicolas Fernandez, Esquire Marquez & Fernandez, PA 782 NW LeJeune Road Suite 548 - LeJeune Centre Miami, Florida 33126 The Section headings or captions appearing in this Agreement are for convenience only, are not part of this Agreement, and are not to be considered in interpreting this Agreement. BINDING EFFECT This Agreement shall bind and inure to the benefit of the parties hereto and their successors in interest. Purchaser may assign or pledge this Agreement only with the prior written consent of the City Manager which consent may be withheld for any or no reason whatsoever. 8 99- 434 18. QOVERNING LAW This Agreement shall be governed according to the laws of the State of Florida and venue shall be in Dade County, Florida. 19. COUNTERPARTS This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which shall constitute one and the same Agreement. 20. ATTORNEYS COSTS If it shall be necessary for either party to this Agreement to bring suit to enforce any provisions hereof or for damages on account of any breach of this...,, Agreement, the prevailing party on any issue in any such litigation 'and any., , appeals therefrom shall be entitled to recover from the other, paw; --.fin addition to any damages or other relief granted as a result of such litigation, all costs and e� penses of such litigation and a reasonable attorneys' fee as fixed by the court. 21. WAIVERS No waiver by either party of any failure or refusal to comply with its obligations shall be deemed a waiver of any other or subsequent failure or refusal to comply. All remedies, rights, undertaking, obligations and agreement contained herein shall be cumulative and not mutually exclusive. 22. SURVIVAL OF REPRESENTATIONSIWARRANTIES Paragraphs 3, 4, 5, 6, 8, 9, 12, 18, 20, 21, 22, and 24 of this Agreement shall survive the Closing and be enforceable by the respective parties until such time as extinguished by law. 23. PARTIAL, INVALIDITY In the event that any provision of this Agreement shall be unenforceable in whole or in part, such provision shall be limited to the extent necessary to render same valid, or shall be excised from this Agreement, as circumstances require, and this Agreement shall be construed as if said provision had been incorporated herein as so limited, or as if said provision had not been included herein, as the case may be. 24. WAIVER OF TRIAL BY JURY The parties hereby knowingly, voluntarily and intentionally waive any right they may have to a trial by jury in respect to any litigation arising out of, under or in connection with this Agreement, or any course of conduct, course 99— 434 of dealing, statements (whether verbal or written) or actions of any party hereto. This provision is a material inducement for Purchaser and Seller entering into this Agreement. 25. ENTIRE AGREEMENT This Agreement contains the entire agreement between the parties. There are no promises, agreements, undertakings, warranties or representations, oral or written, express or implied, between the parties other than as herein set forth. No amendment or modification of this Agreement shall be valid unless the same is in writing and signed by the City Manager on behalf of the Seller and the Purchaser. 26. TIME OF THE ESSENCE Time is of the essence of this Agreement and in the performance of all conditions and covenants to be performed or satisfied by either party hereto." Whenever a date specified herein shall fall on a Saturday, Sunday or legal holiday, the date shall be extended to the next succeeding business day. 27. EFFECTIVE DATE/TIME OF ACCEPTANCE The Effective Date of this Agreement shall be the date on which the last party to this Agreement executes said Agreement and the Agreement has been approved by the Emergency Financial Oversight Board. 26. AUTHORITY OF CITY MANAGER The Resolution of the City Commission of the Seller shall, in addition to approving the purchase contemplated under this Agreement, empower the City Manager of the Seller to modify this Agreement in the event a modification to this Agreement becomes necessary or desirable. 29. APPROVAL BY THE OVERSIGHT BOARD The State of Florida has appointed an Emergency Financial Oversight Board (the "Oversight Board") which is empowered to review and approve all pending City of Miami contracts. As a result, contracts shall not be binding on the Seller until such time as they have been approved by the Oversight Board. Attestation of this Agreement by the City of Miami Clerk shall constitute evidence of approval by the Oversight Board. 10 99 e 434 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement, as of the day and year first above written. Signed, sealed and delivered in the presence of: "SELLER" Executed by CITY OF M AMI, a municipal corporation of the State of Florida on: By: Donald H. Warshaw, City Manager ATTEST: �4 Walter J. Foeman , City Clerk APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello City Attorney "PURCHASER" Executed by North Riverview Apartments, Inc. on: By: Jesus (Jay) V. Suarez, President ATTEST: Witness Print Name Witness Print Name (Rev. 05/26/99) LB:mv:PS Cunio.doc 99- 434 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM 18 70 The Honorable Mayor and Members of the City Commission DATE: JUI\ 14 1999 FILE: SUBJECT: Sale of 1609 NW North River Drive FROM: REFERENCES: /na7d Warshaw ENCLOSURES: Resolution, Purchase and City Manager Sale Agreement RECOMMENDATION: The administration recommends that the City Commission adopt the attached Resolution waiving certain competitive bidding requirements pertaining to the disposition of City - owned property under the affordable housing exception provided in Section 29-B of the Charter of the City of Miami. This Resolution further declares surplus and approves the sale of a city -owned real property located at 1609 NW North River Drive, Miami, Florida (the "Property"), to North Riverview Apartments Inc., at a sale price of twelve thousand five hundred dollars ($12,500). The Resolution authorizes the City Manager to execute a Purchase and Sale Agreement ("Agreement"), and to consummate such transaction in accordance with the terms and conditions of the Agreement, which terms may be amended by the City Manager as may be necessary in order to effect such sale in an expeditious manner. BACKGROUND: The City of Miami entered into a lease with John E. Cunio, assignee, for his use of a 25 foot strip of City -owned property for use as a parking lot in connection with his apartment building located adjacent thereto at a fee of $75.00 a month. Mr. Cunio remained a tenant until he passed away on June 15, 1997. The apartment building adjacent to the City - owned property has been subsequently acquired by North Riverview Apartments Inc., who has made a request to purchase this 25 foot strip from the City. North Riverview Apartments Inc., owns 25 apartments, 15 of which are subsidized under the Metro -Dade County Shelter Plus Care Program, a federally funded permanent housing program that provides assistance to homeless individuals and/or families with disabilities. Section 29-B of the City Charter allows for the conveyance or disposition of City -owned property which is intended to benefit persons or households of very low, low and/or moderate -income without being subject to competitive bidding requirements and fair market value return to the City. 99- 434 Page -2- Re: Sale of 1609 NW North River Drive This property was acquired by the City for purposes of laying a truck main through the property. However, when the Warranty Deed transferring the property to the City was executed, it was inadvertently accepted with a reverter provision that stated that the property must be used for street and/or sidewalk purposes only. Consequently, in order for the City to convey this property to the buyer, the City will execute a Quit Claim Deed that will convey this property without any warranties. At the time of closing, the buyer will be required to execute a Covenant that will restrict the use of the property for parking lot purposes to be used in connection with the adjacent apartment building which must continue to provide assistance to individuals and/or house olds of very low, low and/or moderate -income. DHW: B:DjB:mv:ac:MCunioSale.doc 99- 444