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HomeMy WebLinkAboutR-91-0448J J-91-514 6/20/91 91-- 448 RESOLUTION NO. A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO MAKE AN OFFER AND EXECUTE AN AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH THE PROPERTY OWNER FOR ACQUISITION OF ONE (1) PARCEL WITHIN THE LATIN QUARTER AREA, AS MORE PARTICULARLY AND LEGALLY DESCRIBED IN THE ATTACHED EXHIBIT "A", TO BE USED FOR THE DEVELOPMENT OF SPECIALTY RETAIL SERVICES, AFFORDABLE HOUSING, AND ASSOCIATED USES; ALLOCATING FUNDS THEREFOR APPROPRIATED UNDER FISCAL YEAR 90-91 CAPITAL IMPROVEMENT ORDINANCE NO. 10782, ADOPTED SEPTEMBER 27, 1990, WHICH APPROPRIATED THE AMOUNT OF $1.8 MILLION FOR PROJECT N0, 321038 OF SAID ORDINANCE, ENTITLED "THE LATIN QUARTER SPECIALTY CENTER"; AND AUTHORIZING THE CITY ATTORNEY TO PROCEED TO CLOSE ON THE SUBJECT PARCEL AFTER EXAMINATION OF THE ABSTRACT AND CONFIRMATION OF OPINION OF TITLE. WHEREAS, there exists a severe shortage of standard housing in the City of Miami affordable to families and individuals of low and moderate income; and WHEREAS, there is also a need for specialty retail services that convey architecturally and culturally the theme of old Havana`as a means of economic and market development; and WHEREAS, the Latin Quarter Specialty Center Study, July, 1987, prepared for the Department of Off -Street Parking of the City of Miami, Florida, established the need for and feasibility of developing a mixed use residential and -retail theme specialty center in Little Havana on Southwest Eighth Street in the City of Miami, Florida; and WHEREAS, the 1990-91 Capital Improvement Ordinance No. 10782, adopted September 27, 1990, appropriated $1;-800,000 for the project entitled "The Latin Quarter Specialty Center" and these monies are available in the proposed amount of the herein contract under Capital Improvement Project No. 321038 in said Ordinance; and WHEREAS, the parcel identified for this acquisition is located within the Latin Quarter on Southwest 8th Street and is adequate for the development of the project; and ATTAPURACKI-ro M WHEREAS, once acquired, all assembled sites will be developed under provisions of City Charter Section 29-A(c) Unified Development- Projects, or will be made available to a not- Erin .rti�»rtif i ! 1 r►"j% 1 ri mmil nrnvkant a nvr»rsi-A4- 4 nti f^,v^ +h6 rm wttida fvf }�, �.k � ,..•Ta*�v�} bL'e.� :ti } � ^4SH�.SFti�.r5 A y� 1, Section 4. The City Attorney is hereby authorized to r proceed to close on said property after examination of the abstract and confirmation of an Opinion of Title. If approved by th City Attorney# the City Manager is hereby authorizedl/ to execute. the Agreement of Purchase and Sales in substantially the attached form, at the coat stated herein and to disburse said money in accordance herewith. Section S. This Resolution shall become effective immediately upon its adoption. i i PASSED AND ADOPTED this 20th day of June 1991. S XAVIER L. EZ, OR ATT T: 4 ! i MATW HIRAI CITY CLERK CAPITAL IMPROVEMENT PROJECT REVIEW: EDPARDO nPRIGUEZ CIIjLPROJECT MANAGER 4 PREPARED AND APPROVED BY: IRMA M. ABELLA ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: JO E L. FE ANDEZ CIT ATTORN - IMA:bs M2299 The herein authorization is further subject to-' the compliance' withrequirements that may be impQaed by the j°. - ,all City ,Attorney, in�cludinc- but not limited to thos+a preacr . by aFRI�.� b� a City Charter and Cods provisions. � n fi c c f �f 49L, � a :a EXHIBIT "An z ii PARCEL ADDRESS, 1435, 1453 and 1461 Southwoot 8th Street a,z PROPERTY LEM DESCRtPTIONt Lots il, 121 and 13, less the south ten feet and Lots 14, 15 and 16t less the south ten feet, and less the east six inches Block 104t LAWRENCE ESTATES LAND CO. SUBDIVISION as recorded in Plat Book 20 y at Page 46, in the Public i Records of Dade County, Florida A OWNER OF RECORD: Department of Off -Street Parking City of Miami, Florida LAND AREA: 38,141 SF { ACQUISITION COST: $1,3371414 yE i F S %>4s t i i 11�3, rn t S{ , t lg� apt i x d MEMBER n {{z i{ tVVM1tNT_6r PtJRCHAASE AND 8 ` THIS AGREEMENT entered into this day of 1991, by and between THE CITY OF MYAMi, fade County, Florida, a municipal. corporation, hereinafter referred to OF OPP-STREET PARKING OF T149 CITY as "CITY" , and THE DEPARTMENT OF MIAMI, FLORIOA,,an Agency and Instrumentality of the City o Miami, Florida, hereinafter referred to as "SELLER". W I T N E S S E T H: WHEREAS, the SELLER is owner of land (real property) located Florida, more fully described in the City of Miami, Dade County, 1435, 1453 and 1461 Southwest 8th Street, Lots 11, 12, and 13 as less the south ten feet and Lots 14, 15 and 16, less the,south east six inches, Block 104, LAWRENCE ten feet, and less the ESTATES LAND CO. SUBDIVISION, as recorded in Flat Book 20 at Florida; and page 46, in the Fublic.Records of Dade County, WHEREAS, as reflected in Resolution No. 91-448, adopted Idesires to said property located June 20, 1991,,the CITY purchase 1435, `1453 and 1461 Southwest 8th Street' for use in at conjunction with the Latin Quarter Specialty Center Project in, the City of Miami; NOW, THEREFORE, in consideration of the sum of One Hundred good and valuable consideration, it ($100.00)`Dollars, and other is hereby condenanted and agreed between the parties as :follows:' 1. In consideration of the CITY,paying the SELLER the sum Thousand Four of One Million Three Hundred Thirty -Seven'; `Fourteen($1',337,414�, the SELLER Hundred and .Dollars hall by General Warranty' Deed, convey` to the` CITY 1 t'tle free of liens and good,` marketable and insurab e i , s 1 o ert (together that certain encumbrances, to ,rea pr p improvements, hereditaments and,Appurtenance's with ,the attached thereto). 2. The.CITY pay 'the SELLER the sum of Three Hundred hold Thousand Dollars ($300"000), and.the SELLER shall Y a mortgaa variable_schedule.of payments_and,a ge with less than five. (5 j year$, as g a ent _period of no : p' theSeller and approved by, the, pity determined. by Manager "for the, sum of One ',Million Thirty" -Sever Doll"ars Thousand Four Hundred and Fourteen ($i.037,41'j be held or given to others pursuant minus any sums to to the terms of this Agreement, by CITY want at tie `fxm s ,� fir, ithin one -hundred and eighty (1$0)'das closing. w j` the date of the 'execution of this Agreement'` by 'the `CITY =$ and SELLER. - t 3. All taxes and assessments of �reco.rd. fob`. the.Ylp a, 19: shall: be prorated as of the date o f ` c�.os3.Hq and'h, be 'paf d' or satisfied by the SELLER prior to clos'l'ng•' iow r� 4. All cs ti �.ed It'4pos, eneumbr nos ,andacharq „Q { the risk of the SELLER until the title to the land and deed to the CITY have been accepted by the CITY. In the event that such loss or damage occura, there shall be an adjustment of the purchase price, which adjustment shall be determined solely by the CITY. 6. Title to the property shall be delivered to the CITY on the date of closing. however, beginning on the date of closing, the CITY, its agents, and its contractors, shall have the right to enter upon the premises to be conveyed for making studies, surveys, tests, soundings, inspections and appraisals. 7. SELLER represents that the subject property has not been used in the past by any business or other activity which used toxic chemicals, asbestos, or substances likely to infiltrate the soil and has not been used as petroleum, hazardous waste, or toxic chemical storage facility of dump site. SELLER further represents that the subject property was not used previously as a garbage dump or landfill area. CITY, its agents, employees, representatives or other personnel shall have the right to come upon the premises at reasonable times to inspect and conduct testing upon the property. If CITY determines that the land contains any toxic waste of chemical contamination, or has been used as,a garbage dump or landfill site, CITY may cancel this Agreement. This Agreement is contingent upon the property being free of contamination and as represented. CITY shall have sixty (60) days from the date of this Agreement to conduct testing and inspection, and, if CITY desires to cancel, shall give SELLER written notice thereof within said time period. If CITY gives written notice to SELLER of its desire to cancel, all monies paid to SELLER, shall be returned to CITY and this Agreement shall be terminated. The " representations of SELLER shall survive the closing and delivery of the deed. 8. This Agreement Shall be binding upon the heirs, executors, administrators and assigns of the parties. 9. This Agreement shall be governed according to the laws "r of the State of Florida. 10. The $100 deposit delivered to the SELLER at the time of - execution of this Agreement shall act as a deposit on this transaction and, upon closing, shall be credited against the purchase price to be paid at time of - _ closing. Ake. } - 11. If the closing does not take place on or before: k3 December 20, 1991, this Agreement shall thereafter be null and void, 12. Within fifteen (15) days from date of execution of this Agreement the SELLER shall cause to be delivered to the CITY the abstract of title to the real 'property brought tp the date hereof, u. 13. Documentary Stamps and surtax can the deed and the, cost T of recording any corrective instruments shall be'�►��� by SELLER. �y t H a pot i if. ` #1i, yam, ii�,'r-;a;, AW 27, L ' tITY CF MIAMI, PLOA10A INTIR•OFFIOE MEMORANDUM n . honorable. Ma or and Members 0ATE JUN �jj t j 191 of they City Commission - svwact Resolution Authorlikin �. Acquisition of one (1 Parcel of Land in the i�c wa �ERe a e$Latin Quarter area Cesar It Od o City Com�ni9gion Agenda city manager prune 20# 1091 ENCIOSUAtS. ft=OM CH12A 1M t it in respectfully recommended that the City Commission adopt the attached revolution authorizing the acquisition of one (1) parcel of real property totaling 38, 141 square feet` located in the Latin Quarter. area, for the purpose of developing a mixed usd specialty retail and affordable housing project. Used on a` June, 1991 appraised value of $ i, 760, 000 and a negotiated' purchase nottlement with the respective property owner, a purchase offer in the total amount of 51,166,311 has boon`: accepted by the property owner, the city of Miami Department of Off -Street Parking ("DOSP„) for acquisition of said parcel. 3l�cJiSi�4SlilQ3. On May i1, 1989, the City Commission adopted Resolution 891-464, directing the City manager to set aside $2,0001000 to fund. tho E acquisition of .lends in the Latin Quarter dietrl'ot for the purpose of developing through the Un+;fied Development Process -the' 1 Latin Quarter Speclalty Center Project. Tho. 1990,91 Capital pp mprovement ordinance -No. 10792,`adopted ' Se tember 27, 1990 a ropriated $1, 800, 000 for the Latin `Quarter specialty Center project and monies are nvpilable for t1jsQ proposed amount of the purchase contracts under Capital Project, No. 321030 of said ordinance. In A 987, the Miami Department of Offer -Street parking previously acquired six lots (11-16 on block 104) fronting $•. W. ' Eight-h i Street between 14th and 15th Avenues as .the initial ac4misi,tion' 't of properties necessary to build the Latin Quarter Specialty.' Center and the parking garage needed to support the Center. For the post twelve months, the Department of Do ve lopment has unsuccessfully conducted negotiations, based on pxopert . appraisals by State certified land appraisers, with.the remali•ndex of property owners on block 104 and Block 1 (south of 8th Street)". to obtain purchase agreements for the balance of lands neeeded.to; construct the Latin Quarter Specialty Center an originoliy proposed in the Latin oua ter_s ity - Phase ZII,..P.Ihti,aj,..Bf,i3,�S.«. >: Ju ly $ 1987, x /1/ S } S L g4t ! Nsx y � Aa > . 5, t