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RESTION N0.
A RESOLUTION, WITH ATTACHMENT, AUTHORIZING TiE CITY
MANAGER TO ENTER INTO AN AGREEMENT, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, WITH METROPOLITAN
DADE COUNTS, FOR TI3L SALE OF "PROPERTY NO. 2" (AS
DESIGNATED IN "ATTACHMENT NO. 1 " ATTACHED HERETO AND
MADE A PART HEREOF AND AS MORE PARTICULARLY DESCRIBED
IN THE AGREEMENT), FOR THE SUM OF SIX MILLION DOLLARS
($6,000,000), TO BE PAID AS MORE PARTICULARLY SET
FORTH HEREIN AND SUBJBCT` TO CONDITIONS CONTAINED
HEREIN INCLUDING THOSE AFFECTING THE JAC KSON MEMORIAL
FOUNDATION AND TO PROVISIONS RELATED TO POTENTIAL
ENVIRONMENTAL CZ -BEAN -UP COSTS; FURTHER RBQUZRING THAT,
IN THE EVENT THE CITY RESOLVES TO SELL THE PROPERTIES
DESIGNATED AS "PROPERTY NO. 3" AND "PROPERTY NO. 4" IN
"ATTACHMENT NO. 1 " , (ATTACHED HERETO AND MADE A PART
HEREOF AND AS MORE PARTICULARLY DESCRIBED IN SAID
AGREEMENT), THE CITY OF MIAM7. SHALL OFFER METROPOLITAN
DADE COUNTY THE RIGHT OF FIRST REFUSAL FOR A PERKED
NOT TO EXCEED TEN (10) YEARS FROM THE DATE OF
EiCDCUTION OF SAID AGREEMENT.
.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to enter into an
agreement (the "Agreement"), in a form acceptable to the City Attorney, with
Metropolitan Dade County (the "County"), for the sale of "Property No. 2" (as
designated in "Attachment No. 1", attached hereto and made a part hereof, and
as more particularly described in the Agreement) , for the sum of Six Mill -ion
Dollars ($6,000,000) (the "Purchase Price") to be paid at closing.
Section 2. As additional consideration and as a condition
precedent to the sale of Property No. 2, the County shall cause the Jackson
Memorial Foundation (the "Foundation") to release the City from any obligation
it may have to contribute Three Hundred Thousand Dollars ($300,000) to the
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CITY C: 0'0 11:3 SSIOX
Rogobition No.
94-- 516
Foundation in the year 1994 as contemplated by Resolution No. 89-830 of the
City Commission.
Section 3. The Property shall be sold in "as is" condition,
except that the County shall pay any environmental clean-up costs up to the
sum of Five Hundred Thousand Dollars ($500,000), and any such costs exceeding
said sum shall be borne equally by the County and the City.
Section 4. In the event the City of Miami resolves to sell
"Property No. 3" and "Property No. 4", (as designated in "Attachment No. 1",
attached hereto and made a part hereof and as more particularly described in
the Agreement), the City of Miami shall offer the County the right of first
refusal for a period not to exceed ten (10) years from the date of execution
of the Agreement.
Section 5. This Resolution shall became effective immediately
upon its adoption.
PASSED AND ADOPTED this 14 t h day of,, July 1994
4d..
p, P . d4L, MAYOR
MAT1'Y HIRAI, CITY CLERK
PREPARED AND APPROVED BY:
4FAEL 0. DIAZ
C % DEPUTY CITY ATTORNEY
APPROVED AS TO FORM AND CORRI)MESS:
CITY ATTORN15/
RM/can/bss/M4318
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94-- 516
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CITY OF MIAMt{, FLORIDA
INTER -OFFICE MEMORANDUM 34
i
TO : Honorable Mayor and Members BATE MAY 3 ! 1994 FILE
of the City Commission suWECT
Agenda Item for City Commission
Meeting of June 9, 1994
FROM : Ce REFERENCES
CiVe
ENCLOSURES:
�c41Mt1gt�'an
It is respectfully recommended that the City Commission approve the attached Resolution in its entirety
authorizing the City Manager to enter into a purchase and We agreement with Metropolitan Dade County
for the sale of the City -owned property more commonly known as the "Motor Pool Property".
]Back- und
The City Manager and the Office of Asset Management recommend the adoption of the attached
Resolution authorizing the City Manager to execute a Purchase and Sale Agreement with Metropolitan
Dade County.
The terms and conditions are as follows:
Purchase Price: $6,000,000
Payment Terms: All cash
Promises Offered: The City offers the premises described as arcs "2" in the attachment
in an "as is" condition, except that the City of Miami agrees to pay
one-half (1/2) of any environmental clean-up cost that exceeds
S500,000. Dade County shall bear the sole cost of the first $500,000 of
any such clean-up cost.
Additional Consideration: Metropolitan Dade County agrees to waive the last year of the City of
Miami's remaining two you pledge to the Ryder Trauma Center in the
amount of W0,000.
The City agrees to offer Metropolitan Dade County the right of fast
refusal on those parcels owned by the City of Miami described as area
"3" and area "4" in the attachment.
Other Terms: This Purchase and Sale Agreement will be in a form acceptable to the
City Attorney and subject to any additional terms and conditions as
may be deemed necessary.
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