HomeMy WebLinkAboutR-98-0836J-98-875
8/19/98
RESOLUTION NO. 9 8- 8 3 6
A RESOLUTION DECLARING AS SURPLUS
APPROXIMATELY 5,000 SQUARE FEET OF CITY -OWNED
REAL PROPERTY WITH IMPROVEMENTS LOCATED AT
APPROXIMATELY 3410 FROW AVENUE, MIAMI,
FLORIDA, (THE "PROPERTY"); AUTHORIZING AND
DIRECTING THE CITY MANAGER TO SELL THE
PROPERTY; FURTHER AUTHORIZING THE CITY
MANAGER TO: (1) ESTABLISH THE MINIMUM SALE
PRICE FOR THE PROPERTY TAKING INTO
CONSIDERATION THE APPRAISED VALUE OF THE
PROPERTY, ESTABLISHED AS A RESULT OF TWO
INDEPENDENT APPRAISALS AND THE ASSESSED VALUE
OF THE PROPERTY AS DETERMINED BY THE
MIAMI-DADE COUNTY PROPERTY APPRAISER, (2)
EMPLOY SUCH PROCEDURES AS MAY BE REQUIRED BY
THE CITY CHARTER AND/OR CITY CODE FOR THE
PURPOSE OF SOLICITING OFFERS FOR THE SALE OF
THE PROPERTY, (3) ACCEPT RESPONSIVE AND
RESPONSIBLE BIDS, AND (4) NEGOTIATE A
PURCHASE AND SALE AGREEMENT FOR PRESENTATION
TO THE CITY COMMISSION FOR FINAL APPROVAL.
WHEREAS, the City Commission wishes to declare the
City -owned real property located at 3410 Frow Avenue, Miami,
Florida, as surplus and to take the necessary steps to sell said
property;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the
C"y C'OMMMMM
MMETrNG OF
SEP 8 1998
Rewlution No.
98- 836
Preamble to this Resolution are hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The City -owned real property and improvements
thereon consisting of approximately 5,000 square feet and located
at approximately 3410 Frow Avenue, Miami, Florida (the
"Property"), is hereby declared as surplus property.
Section 3. The City Manager is hereby authorized and
directed to sell the Property and to: (1) establish the minimum
sales price for the Property taking into consideration the
appraised value of the Property, established as a result of two
independent appraisals and the assessed value of the Property as
determined by the Miami -Dade County Property Appraiser, (2)
employ such procedures as may be required by the City Charter
and/or the City Code for the purpose of soliciting offers for the
sale of the Property, (3) accept responsible and responsive bids
for the Property, and (4) negotiate a purchase and sale agreement
for presentation to the City Commission for final approval.
Section 4. This Resolution shall become effective
2 9s- 836
immediately upon its adoption and signature of the Mayorll.
PASSED AND ADOPTED this 8th day of September , 1998.
JOE CAROLLO, MAYOR
1n accordance with Miami Code Sec. 2.36, since the Mayor did not indicate approval of
this legislation by signing it in the designated place rovkged, � aia legisi<tinr; 10�,j
becomes effective with the elapse often (10) days fr rxt the d"tc7iss�i!tn
regarding same, without the Mayor exKccisi a ��10
ATTEST
WALTER J. FOEMAN
CITY CLERK
AND CORRECTNESSA!5-'
839:CSK:kc
Wafter J Fo an—�, � C W*
1� 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.
3
98 - 836
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: The Honorable Mayor and Members
of the City Commission
FROM
(leonalZd H. Warshaw
City Manager
RECOMMENDATION:
A=11
DATE: AUG 2 5 1998
SUBJECT: Declaring Surplus 3410
Frow Avenue
REFERENCES:
City Commission Meeting
ENCLOSURES: September 8, 1998
FILE:
The administration recommends that the City Commission adopt the attached Resolution
which declares surplus the City -owned real property with improvements consisting of
approximately 5,000 square feet, located at 3410 Frow Avenue, Miami, Florida (the
"Property"), and authorizes and directs the City Manager to sell the property. This
Resolution further authorizes the City Manager to (i) establish the minimum sales price for
the Property taking into consideration the appraised value of the Property as established
by the results of two independent appraisals and the assessed value of the Property as
determined by the County Appraiser; (ii) employ such procedures as may be required by
the City Charter or Code for the purpose of disposing of the Property; (iii) accept responsive
and responsible bids; and (iv) negotiate a purchase and sale agreement and present the
negotiated agreement to the City Commission for final approval.
BACKGROUND:
On November 25, 1996 the City of Miami Police Department acquired the property through
a forfeiture action. The Property represents a maintenance cost to the City and does not
generate ad valorem taxes. The Property is currently assessed at $28,162. There is a first
mortgage held by Source One Mortgage Services Corporation. The cost to pay off this
mortgage loan will be approximately $35,000. Source One Mortgage Services Corporation
could pursue foreclosure of its mortgage lien. It is in the best interest of the City to sell
this property to divest itself of the liabilities associated with its ownership and to pay off
the first mortgage plus interest. The sale of the Property to a specific entity will require
City Commission approval.
DHW:DBAev:MFrowSurpls.doc
98- 836