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HomeMy WebLinkAboutR-90-0101J-90-79 1/16/90 RESOLUTION NO. 90-0101 A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT OF PURCHASE AND SALE, IN SUBSTANTIALLY THE ATTACHED FORM, FOR THE PROPERTY LOCATED AT 240 NORTHWEST 9TH STREET, MIAMI, FLORIDA, FOR PRICES AS STATED HEREIN BETWEEN THE CITY OF MIAMI ("PURCHASER") AND CALDWELL BROOKS BARON, INC. AND TROPIC INVESTORS GROUP 1, LTD. ("SELLER") FOR THE PURCHASE AND SALE OF THE PROPERTY (MORE PARTICULARLY DESCRIBED HEREIN), FOR THE TOTAL PURCHASE PRICE OF $269,000, WITH FUNDS FOR THE ACQUISITION OF SAID PROPERTY BEING APPROPRIATED IN CAPITAL IMPROVEMENT PROJECT NO. 322057, ENTITLED SOUTHEAST OVERTOWN/PARK WEST PHASE II, FOR THE PURPOSE OF DEVELOPMENT OF THE SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT; FURTHER AUTHORIZING THE CITY ATTORNEY TO TAKE WHATEVER STEPS ARE NECESSARY TO CLOSE THE TRANSACTIONS WITH THE SELLER AS EARLY AS PRACTICABLE; SAID AUTHORIZATION BEING CONDITIONED ON THE APPROPRIATION OF THE NECESSARY FUNDS. WHEREAS, the Department of Development has initiated the development of the Historic Village located within the Southeast Overtown/Park West Redevelopment Project; and WHEREAS, the City contracted with two independent appraisers and two independent appraisals, for the herein property, were prepared by Ralph Ross Real Estate Co., Inc. and ANCLA Realty, Inc. with which the resulting appraised values being $232,937 and $276,000, respectively; and WHEREAS, through negotiation the Seller has agreed to an offer of $269,000; and WHEREAS, funds for the acquisition of property are appropriated in Capital Improvement Project No. 322057, entitled "Southeast Overtown/Park West Phase II"; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: CITY COMNiISSK3N MEETING OF FEB 7 199a Section I. The City Manager is hereby authorized to execute an agreement of purchase and sale,I in substantially the attached form, for price as stated herein, between the City of Miami ("Purchaser") and the following ("Seller") for the purchase and sale of the property as described herein for the total purchase price of $269,000: Seller Price Property Caldwell Brooks Baron, $269,000 240 NW 9th Street and Tropic Investors Group 1, Ltd Section 2. Funds for the acquisition of said property are hereby appropriated in Capital Project No. 322057 entitled, "Southeast Overtown/Park West Phase II. Section 3. The City Attorney is hereby authorized to take whatever steps necessary to close the transactions with the sellers as early as practicable. Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 7th day of February , 1990. AXUUV--IERL- SUAREZ,,-MAYOR P PREPARED AND APPROVED BY: LINDA K. KEARSON ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: JO GE L. ANDEZ CITY ATTORb1EY CAPITAL IMPROVEMENTS PROJECT REVIEW: EZITAL RODRIGUEZ CIMPROVEMENTS M 1 The herein authorization is further subject to compliances 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. 94�1. 0 AGREEMENT OF PURCHASE AND SALE PARCEL NO. 35-5 THIS AGREEMENT entered into this day of , 1989 by and between THE CITY OF MIAMI, Dade County, Florida a Municipal Corporation, hereinafter referred to as "CITY", and Caldwell Brooks Baron, Inc. and Tropic Investors Group 1, Ltd. whose property is currently located at 240 NW 9th Street hereinafter referred to as "SELLER". —' W I T N E S S E T H: WHEREAS, the SELLER is owner of that real property more fully described on Exhibit "A" attached hereto and made a part hereof, and WHEREAS, the CITY desires to purchase said property for use in conjunction with the Southeast Overtown/Park West Redevelopment Plan, and the Overtown Historic Folklife Village. NOW, THEREFORE, it is hereby covenanted and agreed between the parties as follows: 1. In consideration of the CITY paying the SELLER the sum of two hundred and sixty nine thousand dollars ($269,000) the SELLER shall by General Warranty Deed convey to the CITY good marketable and insurable title free of liens and encumbrances to that certain real property, together with the improvements, hereditaments and appurtenances which are legally described on Exhibit A attached hereto, and made a part hereof. 2. The CITY shall pay the SELLER the sum set forth in Paragraph (1) hereof, minus any sums to be held or given to others pursuant to the terms of this Agreement, by CITY Warrant at the closing within sixty (60) days from the date of the execution of this Agreement by the CITY and SELLER. The CITY will sign the agreement within ten (10) days of the City Commission approval of this contract. 3. All past due real estate taxes shall be paid by the SELLER. All taxes and assessments of record for the year 1990, shall be prorated as of the date of closing and shall be aid,or satisfied b the SELLER priog to- -Q�.g. a,- o` c lasmS ?f0LeeJS - p:�. I7190 4. All certified liens, encumbrances and charges of record against the real property and all pending liens against the 'real property shall be aid or satisfied by the SELLER J c10SIru, Q(ocee js • ;/ /fo 5. The SELLER agrees that loss or damage to the property by fire or other casualty, or acts of God, shall be at 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 occurs, there shall be an adjustment of the purchase price, which adjustment shall be determined solely by the CITY. PAGE 1 OF 3 PARCEL No. 35-5 6. Title to the property shall be delivered to the CITY on the date of closing. Beginning on the date of closing, the CITY shall have the right to commence collection of rent from any party(s) occupying the subject property. However, from and after the execution of this instrument, the CITY its agents, and its contractors shall leave the right to enter upon the premises to be conveyed for making studies, surveys, tests, soundingo, and appraisals. 7. If the abstract of title to be obtained by the CITY does not meet the requirements set forth in Paragraph 1 and if defects in the title cannot be cured by ordinary means, then the SELLER agrees to cooperate with and assist the CITY and Dade County to acquire title to said laYed by condemnation or other judicial proceedings. The SELLER agrees that he is not entitled to any fees or costs in connection with the foregoing. 8. If. the SELLER is a corporation, pagtnership or trust, SELLER hereby agrees to comply with Section 286.23 Florida Statutes by making a writtcjb Public Disclosure, under oath, of the names and addresses of every person(s) having beneficial interests in the Real Property being conveyed to the CITY, unless specifically exempt by provisions of said Statute. 9. If SELLER is entitled to receive any additional payments under the Uniform Relocation Payment Act, it is understood that this Agreement does not prohibit the SELLER from exercising his rights thereunder. 10. This Agreement shall be binding upon the heirs, executors, administrators and assigns of the parties. 11. This Agreement shall be governed according to the laws of the State of Florida. 12. The SELLER understands that this offer is subject to the approval of the City Commission of the City —of Miami, Florida. :r't1. 9� 13. This Agreement may become voidable by the CITY a'ra-lie Cl-T"-�—La-le--discretion, in the event that any hazardous material (including, but not limited to asbestos), waste or toxic substance is stored or found in or on the All Prope_r4yy part thereof. In the event that the CITY/ deterthinep there is any hazardous material, waste or toxic substance found in or on the Property, the CITY, as an alternative to voiding this Agreement, may take any corrective actions necessary to remove or eliminate such hazardous material, waste or toxic substance and the SELLER shall either pay for such removal or elimination or deduct the cost of the same ` from the purchase price 1.4 c'1/. <<v -f ` `A. (-+io c27', ci(� r- `� � F e�c �'f tit �' �K (� � f r/.. 4.(._I,.) �•...�- 4%',1".,f ' 14. This instrument Find its attachments constitute the sole and only Agreement of the parties hereto relating t �•� said services and correctly sets forth the rights, duties, and obligations of each to the other. as of It 9 flat.P. Any priear agr'(.einr:nkg, promisees, negotialArinr, ow representat iono w3l: exprass ly aia. 11*or 1.11 ill 1 It is Agreement are of no force or. effect. PAGE 2 OF 3 90-0iolL e'o e'-J i /i ` C i :e '� V ( � • —f '/ r (f �' �" - 1 r �. i < <.j� l �(� /'� i f � � !"L'-b. aZ� f"i. ,/ f�f�' ! `'•N'� !�3# �! j Q PARCEL No. 35-5 15. No amendments to this Agreement shall be binding on either party unless in writing and signed by both parties. IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by the respective officials thereunto duly authorized, this the day and year first above written. SELLER: B rrs�/ Witnesses: (two required) y A, (64,r� /n••4w) 7'r�pi l •fves-Arl.,Grovj / 1-1v -/—� a k-L=- As to an individual ATTEST: CITY OF MIAMI, a Municipal Corporation of the State of Florida By MATTY HIRAI CESAR H. ODIO CITY CLERK CITY MANAGER APPROVED AS TO FORM AND CORRECTNESS: JORGE L. FERNANDEZ ' CITY ATTORNEY PAGE 3 OF 3 -2-M j PARCEL, NO. 3 5 --5 t MEj EXHIBIT A a; CITY OF MIAMI a SOUTHEAST OVERTOWN/PARK WEST -` REDEVELOPMENT PROJECT -= STATEMENT OF JUST COMPENSATION -r 1. PROPERTY DESCRIPTION: Lots 5 and 6, of Block 35N, City of Miami North a subdivision =r according to the Plat thereof, as recorded in Plat Book B, at Page 41, of the Public Records of Dade County, Florida. 2. OWNERS OF RECORDS: Caldwell Brooks Baron, Inc. & _�. Tropic Investors Group 1, Ltd. 3. FEE SIMPLE: $269,000 --' 4. BASIS OF JUST COMPENSATION: The City's offer represents the full amount of Just Compensation for the property and all interests therein to be acquired. This offer is based on the Fair Market Value of the subject property and is not less than appraisal made by a — competent professional appraiser. The subject property has been inspected by the City and by the independent appraiser. — FAIR MARKET VALUE IS DEFINED AS: The price estimated in = terms of money, which a property would bring if exposed for sale in the market with a reasonable time allowed in which to find a purchaser buying with the knowledge of all the uses and purposes to which it is adopted and of which it is �i capable. Any decrease or increase in the Fair Market Value of real property to the date of valuation caused by the public improvement for which such property is acquired, or by the " likelihood that the property would be acquired for such improvement, other than that due to physical deterioration - within the reasonable control of the owner, has been =+ disregarded in determining the compensation for the property by the City and its appraiser. The City of Miami's appraisal and determination of just compensation do not reflect any consideration of, or any — allowance for, any relocation assistance and payments which the occupants, the owner or tenants, are entitled to receive under Title II of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. The following items are specifically included in the == aforementioned approved appraisal and the con —ems d+eration for the listed items is included in the Just Compensation (see -= the attached list). 90-0101 _�i CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM CAIM1.7 TO: Honorable Mayor and Members of the City Commission A,e� FROM: Cesar H. Odio City Manager RECOMMENDATION: DATE : +AN 3 0 1990 FILE Agreement of Purchase sua,ECT : and Sale REFERENCEWor Commission Meeting of February 8, 1989 ENCLOSURES: it is respectfully recommended that the City Commission adopt the attached Resolution to execute an Agreement of Purchase and Sale, for the property located at 240 NW 9th Street, in substantially the form attached, between the City of Miami ("Purchaser") and Caldwell Brooks Baron, Inc. and Tropic Investors Group 1, Ltd ("Seller"), for the total price of $269,000. BACKGROUND: The Department of ,Development recommends the execution of an agreement to purchase land owned by Caldwell Brooks Baron, Inc. and. Tropic Investors Group 1, Ltd at the negotiated price of $269,000. The Department of Development has aggressively begun development. ; within the Historic Overtown Village area, which is a component of the Southeast Overtown/Park West Redevelopment Project. The subject property to be acquired is located within the boundaries of the Overtown Historic Village (Village). The City contracted with two(2) independent appraisers to provide a fair market estimate for the above mentioned property. The two(2) independent appraisals, for said property, were prepared by Ralph. Ross Real Estate Co., Inc. and ANCLA Realty, Inc. of which the resulting appraised values were $232,937 and $276,000 respectively. The funds for the acquisition of the subject property are appropriated in Capital Project No. 322057 entitled "Southeast Overtown/Park West Phase II". Attachmentst Proposed Resolution Agreement of Purchase and Sale CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM CA=19 TO The Honorable Mayor and Members of t _ City Commission FROM Cesar H. Odio City Manager Recommendation: DATE i AN 3 01990 FILE SU6JECr: Resolution Rescinding the Appointment of Jose Villalobos to the Citywide REFERENCECommun i ty Development Advisory Board ENCLOSURES: It is respectfully recommended that the City Commission adopt the attached resolution. The proposed resolution provides for rescinding the appointment of Mr. Jose Villalobos to the Citywide Community Development Advisory Board. Backgrounds The Department of Community Development is submitting the attached legislation for your consideration. On January 11, 1990 the City Commission appointed Mr. Jose Villalobos as a member of the Citywide Community Development Advisory Board. At the request of Commissioner Miriam Alonso, the appointment should be rescinded because Mr. Villalobos is unable.to serve on the Board. Attachment P70 5