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HomeMy WebLinkAboutItem #63 - Discussion ItemCITY OF MIAMI, FLORIDA 0 INTER -OFFICE MEMORANDUM TO: DATE: AU The Honorable Mayor and Members u 7 of the City Commission SUBJECT: FROM: G�j Edward Ma z City Manage RECOMMENDATION: Sale of Building REFERENCES: ENCLOSURES: FILE: Municipal Justice The' Administration recommends that the City Commission adopt the attached Resolution accepting a bid for the sale of the City -owned real property with improvements consisting of approximately 6.568 acres located at 1155 NW 11 Street, Miami, Florida, commonly known as the Municipal Justice Building. This Resolution further provides for a special election to be held on November 4, 1997 for the purpose of submitting to the qualified electors of the City, for their approval or disapproval, the sale of this property at fair market value. BACKGROUND: Pursuant to Resolution 97-178, the City of Miami issued an Invitation to Bid for the sale of approximately 6.568 acres of City -owned property located at 1155 Northwest 11 Street, Miami, Florida (the "Property"). Bids submitted in response to this Invitation are due on September 8, 1997 at 2:00 PM at the City Clerk's Office. In accordance with Section 29-B of the Charter of the City of Miami, in the event less than three (3) bids are received in response to this solicitation, the proposed transaction for the sale of property cannot be consummated until it is first approved by a majority of the votes cast by the electorate at a referendum. In anticipation that the City may not receive three bids, the Administration is scheduling this item for consideration by the Commission at its September 9, 1997 meeting. This is the last meeting available for placement of items on the November 4, 1997 ballot. The name of the successful bidder and the bid price will be provided to the Commission as soon as such information is available. isa, "400-- 9 .i