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HomeMy WebLinkAboutR-98-0754J-98-772 7/21/98 RESOLUTION NO. 9 8 754 A RESOLUTION, WITH ATTACHMENT, AUTHORIZING CONVEYANCE OF APPROXIMATELY 15,087 SQUARE FEET CITY -OWNED REAL PROPERTY, HEREINAFTER REFE D ST AS PARCEL 120, AS MORE PARTICULARLY DES ED IN EXHIBIT "A" ATTACHED HERETO AND MADE A P HE F (THE "PROPERTY"), TO THE FLORIDA DEP E OF TRANSPORTATION FOR USE AS RIGHT-O - I CONNECTION WITH THE SOUTHWEST E D RECONSTRUCTION (THE "PROJECT"), SAL RI $778,000, SUBJECT TO SAID SALE CLOS BY SEPT BE 15, 1998; AUTHORIZING THE CITY A TO E UTE A PURCHASE AND SALE AGREEM (` EE T"), IN SUBSTANTIALLY THE ATTACHED O AND TO CONSUMMATE SUCH TRAN IN CO ANCE WITH THE TERMS AND CONDIT O MENT, WHICH TERMS MAY BE AMEND E T ITY AGER AS MAY BE NECESSARY IN ORDER EF SUCH SALE IN AN EXPEDITIOUS MAN U IZ THE CITY MANAGER TO EXECUTE, CLOSING, JOINT PARTICIPATION AGREEMENT, I A FOR AC PTABLE TO THE CITY ATTORNEY, TOP VIDE FOR TY REVIEW AND COMMENT ON THE PRO F ER A ORIZING THE CITY MANAGER TO EXE T C TEMPORARY RIGHT OF ACCESS AGREE NT, M ACCEPTABLE TO THE CITY ATTOR NG FDOT TO UTILIZE APPROXIMATELY 8, t S.F. CITY- NED LAND HEREINAFTER REFERRED TO PARCEL 0 MORE PARTICULARLY DESCRIBED IN XHI "B" HED HERETO AND MADE A PART HEREOF `STAGLNG AREA'), FOR USE AS A CONSTRUCTION ING A FOR A PERIOD OF THREE YEARS. the Florida Department of Transportation (FDOT) is finalizing for the construction and improvement of the Southwest 2 Avenue Bridge, ---7 Rescinded by R-98-820 ATTACHMENT (S) it CONTAINED CITY COMIVIISSIOU MEETING OF J I I [,� 2 1 1998 Raaolutim Ito. 98- 754 Section 87100-2611 located in Miami -Dade County, Florida (the "Project"); and WHEREAS, it is necessary for FDOT to acquire certain lands now owned by the City in order to effectuate said construction; and WHEREAS, the City Commission has determined it to be in the be terest of the City to convey the Property in lieu of condemnation; and WHEREAS, during construction FDOT requires the of ain C'ty- owned lands for the sole purpose of properly stag* uc a ent, materials and supplies which are to be utilized f onstruction,,,�ctivi es for the Project; NOW, THEREFORE, BE IT CITY OF MIAMI, FLORIDA; Resolution are hereby fully set forth in ON OF THE d in the Preamble to this and incorporated herein as if pTximately 15,087 square feet of City -owned real hereinafter referred to as Parcel 120, as more .t "A" attached hereto and made a part hereof (the Florida Department of Transportation, at a sale price of to closing taking place prior to September 15, 1998, is hereby Section 3. The City Manager is hereby authorized to execute a Purchase and Sale Agreement (the "Agreement"), in substantially the attached form, with FDOT and to consummate such transaction in accordance with the terms and 4a Rescinded by R-98-820 98- '754 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. The City Manager is hereby authorized' to execu Temporary Right of Access ("Access Agreement"), in a form Attorney, to permit FDOT and its employees, agents, con subcontractors or anyone directly or indirectly aforementioned, the right to enter upon approxima° e__,54 ; property, hereinafter referred to as Parcel 70 mo ar described in Exhibit "B", attached hereto and made�.reo e ifaging Area"), for the sole purpose of properly staging which are to be utilized fob Agreement to be for a Staging Area to constructed by tipmen , materials and supplies `es for the Project, said Access consideration for the use of the improvements to the riverwalk to be and expense. erty shall be sold in "as is" condition, including a Department of Transportation be responsible for any environmental clean-up of the Property. Section 6. This Resolution shall become effective upon its adoption and The 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 Rescinded by R-98-820 98- '754 signature of the Mayor2. PASSED AND ADOPTED this 21stday of July , 1998. JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-36, since the Mayor t ind' approval of V ` legislation by signing it in the designated place provide egislaticr becomes effective with the elapse of ten (10) days f to o miss' ATTEST: regarding same, without the Mayor exercis' J em ity Clerk WALTER J. FOEMAN CITY CLERK / / PT'PV ATT(1RAT'PV Z 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. El Rescinded by R-98-820 98-- 754 EXHIBIT A PARCEL 120 PROJECT 87100-2611 That part of TRACTS 1 and 2, RIVERSIDE PLAZA as recorded in Plat Book 139, Page 43, of the Public Records of Dade County, Florida and being a portion of Section 37, Township 54 South, Range 41 East. 1. More particularly described as follows: BEGINNING at the Northeast corner of said TRACT 2; thence along the East boundary of said TRACTS 2 and I also being the Westerly right-of-way line of S.W. 2nd Avenue, the following six (6) courses: 1) S 02° 15'35" E for 4.550 meters (14.93 feet); 2) S 02° 16'29" E for 7.338 meters (24.07 feet); 3) S 87°43'31" W for 0.838 meters (2.75 feet); 4) S 02° 16'29" E for 84.723 meters (277.96 feet); 5) S 00°26'56" E for 24.683 meters (80.98 feet); 6) S 02° 16'29" E for 25.578 meters (83.92 feet) to a point on the most Southerly boundary of said TRACT 1; thence along said boundary, N 45°39'37" W for 35.035 meters (114.94 feet); thence N 52°31'38" E for 19.437 meters (63.77 feet); thence N 02'16'29".W for 77.346 meters (253.76 feet); thence N 00°30'18" W for 22.762 meters (74.68 feet); thence N 89°29'43" E for 6.475 meters (21.24 feet); thence - N00°30'14" W for 10.300 meters (33.79 feet) to a point on the North boundary of the aforesaid TRACT 2; thence along said boundary, N 87°42'40" E for 2.315 meters (7.60 feet) to the POINT OF BEGINNING. Containing 1401.6 square meters (15087 square feet), more or less. Danny L. Polk, PUS - 08/18/97 Post, Buckley, Schuh & Jernigan, Inc. 98- 754 R"(Z'ej / 'Zo I —1 CPI 6pab ............ . . . . . . . . . ..... I L 5 0 U I H wt., 5 'T 2 nd A V F N tr t. I BECEI-an i3 EXHIBIT B PARCEL 702 PROJECT 87100-2611 That part of TRACT 1, RIVERSIDE PLAZA as recorded in Plat Book 139, Page 43, of the Public Records of Dade County, Florida and being a portion of Section 37, Township 54 South, Range 41 East. More particularly described as follows: Commence at the most Southerly corner of said TRACT 1; thence along the Southerly boundary of said TRACT 1, N 45 °39'37" W for 35.035 meters (114.94 feet) to the POINT OF BEGINNING; thence continuing along said Southerly boundary, N 4503937" W for 23.509 meters (77.13 feet); thence N 43 *52113" E for 44.421 meters (145.74 feet); thence S 02° 16129" E for 36.658 meters (120.27 feet); thence S 52-31380 W for 19.437 metes (63.77 feet) to the POINT OF BEGINNING. :. Containing 813.3 square meters (8754 square feet), more or less. Danny L. Polk, PLS - 08/18/97 Post, Buckley, Schuh & Jernigan, Inc. 98- 754 PURCHASE AND SALE AGREEMENT THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this day of . 1998, 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 the State of Florida Department of Transportation, with offices at the 1000 NW 111 Avenue, Miami, Florida 33172 (the "Purchaser'). The Parties hereby agree that Seller shall sell and Purchaser shall buy the following property upon the following terms and conditions: RECITALS A. Seller is the owner of the real property legally described as Tracts 1 and 2 of RIVERSIDE PLAZA, as recorded in Plat Book 139, Page 43, of the Public Records of Dade County, Florida (the "MRC Property'). B. Purchaser requires a strip of land of the MRC Property, consisting of approximately 15,087 square feet, for use as a right-of-way in connection with the Southwest 2nd Avenue Bridge Reconstruction Project (the "Project"). C. Seller is willing to sell to Purchaser said strip of land, as more particularly described in Attachment "A" attached hereto, and Purchaser wishes to purchase said land from Seller, for the purposes, and subject to the terms and conditions set forth in this Agreement. Now, therefore, in consideration of the mutual covenants set forth herein, the parties agree as follows: 1. RECITALS The recitals are true and correct, and are hereby incorporated into and made a part of this Agreement. 2. PURCHASE AND SALE In consideration of the Purchase Price, and subject to the terms and conditions set forth in this Agreement, Seller agrees to sell and Purchaser agrees to buy the property legally described in Exhibit "A' attached hereto and made a part hereof (the "Property"). 3. USE OF PROPERTY The Property shall be used by Purchaser solely for the purposes of constructing the Project. In the event that Purchaser fails to construct or complete the Project, then Purchaser shall immediately convey the Property back to the Seller and at its sole cost and expense shall restore the Property to the condition existing on the date of the conveyance to the Purchaser. This provision shall survive the closing and shall be binding upon Purchaser, and Purchaser's successors and assigns. 98- 754 4. PURCHASE PRICE AND PAYMENT The Purchaser agrees to pay and the Seller agrees to accept for the Property the sum of seven hundred seventy-eight thousand dollars and 00/100 ($778,000) (the "Purchase Price"). The Purchase Price shall be payable as follows: At Closing, (as hereinafter defined), the Purchase Price, (increased or decreased by adjustments, credits, prorations, and expenses as set forth in Section 12 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. 5. EFFECTIVE DATE/TIME OF ACCEPTANCE The Effective Date of this Agreement shall be the date on which the last party to this Agreement officially executes this Agreement and the Agreement has been approved by the Emergency Financial Oversight Board. It is hereby acknowledged that this Agreement must be executed by both parties by July 30, 1998. 6. 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., 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 (iii) 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 2 98 - 754 use of the Prc,, -rty, relating pollution, the protectioi, 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 (other than the limited warranty of title as set out in the special warranty deed), 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 acknowledges and agrees that it has been given the opportunity to inspect all relevant documents and records of the Seller as they relate to the Property, including the reports prepared by LAW Engineering at the time Seller purchased the Property, and other documents that may exist in the public records of the state, county and/or city relating to the environmental condition of the Property as part of this Agreement and that Purchaser is not relying solely upon any documents or representations made by or on behalf of Seller, but that Purchaser is responsible to conduct its own investigation of the Property. 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. Seller is not liable or bound in any matter by any verbal or written statements, representations or information pertaining to the Property, or the operation thereof, furnished by any agent, employee, servant or other person. C. Waiver and Release. 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. 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 e 98- 754 indirect, knov, __ or unknown, foreseen or unforeseen, ,vhich 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 CERCLA, 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. Notwithstanding anything to the contrary set forth herein, this release shall survive the Closing or termination of this Agreement. 7. 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. Within twenty-one (21) days after the Effective Date, Purchaser shall notify Seller in writing of any matters which render title unmarketable in accordance with the standards of the Florida Bar (the "Title Defect"). The Purchaser shall allow the Seller sixty (60) calendar days within which to cure the Title Defect. Seller shall use good faith efforts to cure any Title Defect, provided however, Seller shall not be required to bring any action or to incur any expense to cure any Title Defect or objection. If Seller shall be unable to convey title to the Property according to provisions of this Agreement, Purchaser may: (i) elect to accept such title that Seller may be able to convey, with no reduction in Purchase Price; or (ii) terminate this Agreement, and this Agreement shall be null and void and the parties hereto shall be relieved of all further obligation and liability, and neither party shall have any further claims against the other. In the event of cancellation, copies of all abstracts of title and surveys respecting the Property prepared by or on behalf of Purchaser shall be delivered by Purchaser to Seller. 8. DISCLAIMER OF WARRANTIES AS TO PROPERTY; "AS IS" CONVEYANCE. A. 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 6 of this Agreement with respect to Environmental Matters, Purchaser and Seller further acknowledge and agree that in entering into this Agreement and purchasing the Property: 4 98- 754 (1) _ archaser hereby acknowledges that �, ,iler 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 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. 9. 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 public utility easements of record. 10. CLOSING DATE Closing shall take place within thirty (30) days after the Effective Date or within a reasonable time thereafter, but no later than September 1, 1998, at a mutually agreeable time (the "Closing") at the City of Miami, Office of Asset Management located at 444 SW 2 Avenue, Suite 325, Miami, Florida. The parties may, subject to mutual agreement, establish an earlier date for Closing. Notwithstanding the foregoing, in the event the Seller elects to satisfy any title objections pursuant to the terms of Section 7 hereof, then Seller shall have the right to extend the Closing date set forth herein. 5 98- 754 11. CLOSING DOCUMENTS A) At Closing, Seller shall execute and/or deliver to Purchaser the following: (1) Special Warranty Deed subject to conditions, restrictions, easements and limitations of record; (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 (5) 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 Purchase Price as provided for in Section 4 hereof. 12. 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) Real Estate Taxes: The Seller warrants that the Property is exempt from taxes and accordingly there should be no taxes due at Closing. 2) 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. 6 98- 754 3) —.her Taxes, Expenses, Interest, Etc: i'axes (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 properties in the area where the Property is 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) 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: (1) all inspection and environmental testing costs; (ii) all recording charges, filing fees payable in connection with the transfer of the Property hereunder; (iii) any and all costs, if any, incurred by Seller in connection with the sale of the property to Purchaser. (3) The Seller shall pay for recording of corrective, and to cure title defects, if the Seller, at Seller's sole discretion elects to incur expenses to cure title defects. 13. DEFAULT A) If this transaction does not close as a result of default by Seller, Purchase as and for its sole and exclusive remedies shall be entitled to: (i) elect to terminate this Agreement; or (ii) elect to waive any such conditions or defaults and to consummate the transactions contemplated by this Agreement in the same manner as if there had been no conditions or defaults and without any reduction in the Purchase Price and without any further claim against Seller. However, notwithstanding anything contained herein to the contrary, in no event shall Seller be liable to Purchaser for any actual, punitive, incidental, speculative or consequential damages, costs or fees of any nature whatsoever. The limitation on Seller's liability set forth herein shall survive Closing. B) If this transaction does not close as a result of default by Purchaser, Seller, as and for its sole and exclusive remedy, shall have the right to terminate this Agreement. 7 98- 754 C) Neithe. ,arty shall be entitled to exercise any remedy for a default by the other party, except failure to timely close, until (i) such party has delivered to the other notice of the default and (ii) a period of ten calendar (10) days from and after delivery of such notice has expired with the other party having failed to cure the default or diligently pursued remedy of the default. 14. 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. 15. RELEASE 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. 16. DESIGNATION OF REPRESENTATIVES Purchaser and Seller acknowledge that proper communication between Purchaser and Seller is an important component of the Purchaser's acquisition of the Property particularly as it relates to title examination. 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: On behalf of Purchaser: Dena Bianchino City of Miami Office of Asset Management 444 SW 2nd Avenue, 3rd Floor Miami, Florida 33130 Telephone (305) 416-1451 17. NOTICES 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: g 98- 754 Seller Purchaser Donald H. Warshaw, City Manager Director City of Miami State of Florida 444 SW 2nd Avenue, loth Floor Department of Transportation Miami, Florida 33130 1000 NW I l I Avenue Miami, FL 33172 Copies To Dena Bianchino City of Miami Office of Asset Management 444 SW 2 Avenue, 3rd Floor Miami, FL 33130 Telephone (305) 416-1451 Fax (305) 416-2156 Alejandro Vilarello City Attorney c/o Julie O. Bru, ACA 444 SW 2nd Avenue, Suite 945 Miami, FL 33130 Telephone (305) 416-1800 18. CAPTIONS AND HEADINGS 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. 19. BINDING EFFECT This Agreement shall bind and inure to the benefit of the parties hereto and their successors in interest. 20. GOVERNING LAW This Agreement shall be governed according to the laws of the State of Florida and venue shall be in Miami -Dade County, Florida. 21. 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. 22. ATTORNEY'S 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 9 98- 754 Agreement, t._ _ prevailing party on any issue in any auch litigation and any appeals therefrom shall be entitled to recover from the other party, in addition to any damages or other relief granted as a result of such litigation, all costs and expenses of such litigation and a reasonable attorneys' fee as fixed by the court. 23. 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. 24. SURVIVAL OF REPRESENTATIONS/WARRANTIES All relevant terms of this Agreement, where appropriate, shall survive the Closing and be enforceable by the respective parties until such time as extinguished by law. 25. 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. 26. 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. 27. 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. 28. 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. ILI 98- 754 29. CITY APPROVAL OF PROJECT Purchaser acknowledges that Seller, as an abutting property owner and as the local governmental agency, has a vested interest in the design and construction of the Project. Purchaser further acknowledges that the -�_r� i construction of the Project will have a substantial impact on the conduct �(4 5ekr5 the use of the MRC Property and consequently on Seller, its employees and buG1'(Y'S£ residents of the City of Miami. Therefore, Purchaser agrees that Seller shall a4XI have: (i) the right to provide input as to the design and aesthetics of the Project, including, but not limited to, retaining wall finishes, design, maintenance and use of areas under the bridge, landscaping, and lighting; (ii) the right to approve the design, construction, aesthetics, and related appurtenances of the portion of the Project that will provide vehicular and pedestrian access to the MRC Property, including, but not limited to, the stairs and platform that will access the riverwalk. Seller and Purchaser agree to use their best efforts to reach an agreement on any issue requiring Seller's approval, as herein provided. Purchaser shall, at its sole cost, ensure that during the construction of the Project there shall be vehicular and pedestrian access to the MRC Property through SW 2 Avenue. Additionally, Purchaser, at its sole cost, shall take such steps as may be requested by Seller, or as may otherwise be necessary to facilitate traffic patters during construction, including, but not limited to, providing additional signage along detour routes and providing an education program to inform the public and Seller's employees of construction detour routes, including the placing of an ad on NET 9. In furtherance of Purchaser's obligations hereunder, Purchaser shall prepare, and submit to Seller for its approval, a Maintenance of Traffic Plan, addressing these issues in a manner reasonably satisfactory to Seller. 30. ACCESS TO TRACT 1 Seller acknowledges that the Project, as presently designed, will not provide vehicular access to the portion of the MRC Property known as Tract 1 of RIVERSIDE PLAZA. Seller further acknowledges that the Purchase Price includes Seller's compensation for the anticipated cost of constructing such access should Seller elect to do so. Purchaser represents and covenants with Seller that if at any time in the future Seller, or Seller's successors, wish to have vehicular access to Tract 1, Purchaser shall take all measures, and shall do all things necessary, to ensure such access is available, at Seller's cost and expense. This provision shall survive the Closing and shall be binding upon Purchaser and Purchaser's successors and assigns. 31. CITY IMPROVEMENTS ON PROPERTY Purchaser, at its sole cost and expense, shall be responsible for ensuring that the sprinkler system which is located on the Property is properly removed so as not to affect the sprinkler systems located on the remainder part of the Tracts 1, 2 and 3 of RIVERSIDE PLAZA as recorded in Plat Book 139, Page 43, of the Public Records of Dade County, Florida. Seller shall have the right to approve the contractor performing any work on the sprinkler system. Additionally, upon request of Seller, Purchaser, at its sole cost and expense, 58- 754 shall relocate gees on the Property to the MR, Property, Tract 3 of RIVERSIDE PLAZA, or other property owned by Seller. Purchaser, at its sole cost and expense, shall further be responsible for paying any and all costs to make the remainder of Seller's property whole including but not limited to the relocation of any and all utilities which may be located on the Property. 32. TEMPORARY RIGHT OF ACCESS At Closing, Seller agrees to execute a Temporary Right of Access Agreement ("Access Agreement"), in a form acceptable to the City Attorney, to permit Purchaser and its employees, agents, contractors, consultants, subcontractors or anyone directly or indirectly employed by any of the aforementioned, the right to enter upon the property more particularly described in Attachment "B" attached hereto and made a part hereof, for the sole purpose of properly staging construction equipment, materials and supplies which are to be utilized for construction activities for the Project. The Access Agreement shall be for a term of three years or until construction of the Project is complete, whichever is earlier. The Access Agreement shall provide for indemnification of Seller by Purchaser, to the extent permitted by law, against any and all costs or liability arising from, or relating to, Purchaser's use of the property described therein, and Purchaser's obligation to restore the property to its condition prior to Purchaser's access thereto. 32. 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 and any amendment thereto shall not be binding on the Seller until such time as they have been approved by the Oversight Board. Execution of this Agreement by the City of Miami City Manager shall constitute evidence of approval by the Oversight Board. 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: ATTEST: Walter J. Foeman City Clerk "SELLER" Executed by CITY OF MIAMI, a municipal corporation of the State of Florida on: Donald H. Warshaw, City Manager 12 98- 754 APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello, City Attorney GUA ATTEST: Witness Print Name "PURCHASER" Executed by STATE OF FLORIDA, Department of Transportation: 10 Print Name 13 98- 754 PARCEL 120 ATTACHMENT A PROTECT 87100-2611 That part of TRACTS 1 and 2, RIVERSIDE PLAZA as recorded in Plat Book 139, Page 43, of the Public Records of Dade County, Florida and being a portion of Section 37, Township 54 South, Range 41 East. More particularly described as follows: BEGINNING at the Northeast corner of said TRACT 2; thence along the East boundary of said TRACTS 2 and 1 also being the Westerly right-of-way line of S.W. 2nd Avenue, the following six (6) courses: 1) S 02° 15'35" E for 4.550 meters (14.93 feet); 2) S 02' 16'29" E for 7.338 meters (24.07 feet); 3) S 87°431I" W for 0.838 meters (2.75 feet); 4) S 02°16'29" E for 84.723 meters (277.96 feet); 5) S 00°26'56" E for 24.683 meters (80.98 feet); 6) S 02016'29" E for 25.578 meters (83.92 feet) to a point on the most Southerly boundary of said TRACT I; thence along said boundary, N 45°3937" W for 35.035 meters (114.94 feet); thence N 52°31'38" E for 19.437 meters (63.77 feet); thence N 02"I6'29".W foe-77.346 meters (253.76 feet); thence N 00°30'18" W for 22.762 meters (74.68 feet); thence N 89°2943" E for 6.475 meters (21.24 feet); thence N00 ° 30' 14" W for 10.300 meters (33.79 feet) to a point on the North boundary of the aforesaid TRACT 2; thence along said boundary,. N 87'4T40" E for 2.315 meters (7.60 feet) to the POINT OF BEGINNING. Containing 1401.6 square meters (15087 square feet), more or less. Danny L. PoIk, PLUS - 08/18/97 Post, Buckley, Schuh & Jernigan, Inc. 98-- 754 CITY OF MIAMI, FLORIDA 22 INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and Members DATE : ���_ ` ! '4 �1� FILE of the City Commission SUaJECr : SW 2 Avenue Bridge Reconstruction FROM: UJO H. Warshaw REFERENCES: City Commission Meeting City Manager ENCLOSURES: July 14, 1998 RECOMMENDATION: The Administration recommends that the City Commission adopt the attached Resolution authorizing the conveyance of approximately 15,087 square feet of City -owned real property located at approximately 444 SW 2 Avenue, the Miami Riverside Center, hereinafter referred to as Parcel 120 as shown in Attachment "A" attached hereto (the "Property"), to the Florida Department of Transportation for use as right-of-way in connection with the Southwest 2 Avenue bridge reconstruction, at a total sale price of $778,000. This Resolution also authorizes the City Manager to execute a purchase and sale agreement ("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. The City Manager shall be further authorized to execute, at closing, a Temporary Right of Access Agreement (the "Access Agreement") to permit FDOT to utilize approximately 8,754 s.f. of City -owned land, hereinafter referred to as Parcel 702 as shown in Attachment "A" attached hereto, for the sole purpose of properly staging construction equipment, materials and supplies which are to be utilized for construction activities in connection with the construction of the SW 2 Avenue bridge. This Access Agreement shall be for a period of three years or until completion of the construction, whichever is earlier, and shall provide for consideration to be paid in the form of improvements to the riverwalk. BACKGROUND: FDOT is finalizing plans for reconstruction of the SW 2 Avenue bridge to provide for the widening of the bridge to four lanes. In order to effectuate the bridge improvements, it is necessary for FDOT to acquire approximately 15,087 s.f. of City -owned real property. FDOT further requires use of additional land for use as a staging area during construction. FDOT has estimated the construction period to last three years which construction shall commence on or about April, 2000. FDOT has agreed to pay consideration for the use of the staging area in the form of improvements to the riverwalk including access to the riverwalk from the bridge and construction of the riverwalk under the bridge. FDOT shall be required to restore the staging area to the same condition it was prior to such use. 98- 754 The Honorable Mayor and Members of the City Commission Page 2 The Office of Asset Management obtained an appraisal of the Property. The fair market value of the land as determined by the appraiser, and agreed to by FDOT, is $528,000 or $34.98 s.f. This price per square foot is slightly greater than the $34.69 recently received by the City in its sale of Tract 3 to the Department of Offstreet Parking. FDOT has further agreed to_ pay the City $250,000 in damages. The damage amount represents the estimated cost to provide access to Tract 1 from 2nd Avenue in the event same shall become necessary in the future.. DHW CMC:DB:LB=MM SW2Ave 98- 754 IN V. 1 � ..� • r •• / - tt11 � •/rf.r coa• f VAIM �Qre Q' ��St. •1. , •{Y�l; 4t �• Y If rws +�+rir. q. •.' Il+•s !s•• 1\f 702. �l0. 1 •^ 1 TRACT 1 R 1{• w �r .a.w.. .. i W/�� �J w ..'..'• ...e c'�Olf�� 11 1..- • �4'_ ' J'- •�� •00 .,,, OWE r3=: .:_�—�'�' 1•Ms—r .tZ rw.. a Lrl.rs.•.���'-�..J f�_- » • •• � ,� M N l 4 r� \ • 1 w 4 +....« • Y ... �... .....» v. 5 Q U 1 H w U. S Z 2 nd A Y F N tt is :•��:. f' ��.• pECEI'rE� H ^9 J 9 z H a