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HomeMy WebLinkAboutR-89-01674; RESOLUTION NO. 897-16 i A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO MAKE AN OFFER AND EXECUTE AN AGREEMENT, IN SUBSTANTIALLY THE FORM ATTACHED, WITH THE PROPERTY OWNERS FOR ACQUISITION OF THREE PARCELS (PARCEL NO'S. 03-14, 03-20 AND 03-23) WITHIN THE ALLAPATTAH COMMUNITY DEVELOPMENT TARGET AREA AND WHICH IS MORE PARTICULARLY AND LEGALLY DESCRIBED IN THE ATTACHED EXHIBITS "A" AND "B", TO BE USED FOR THE DEVELOPMENT OF HOUSING AFFORDABLE TO LOW AND MODERATE INCOME FAMILIES IN CONNECTION WITH THE CITY SPONSORED SCATTERED SITE AFFORDABLE HOUSING DEVELOPMENT PROGRAM; FUNDS ARE AVAILABLE FROM THE ORIGINAL $1,000,000 ALLOCATED FROM 11TH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR ACQUISITION OF THE SUBJECT PROPERTIES IN CONNECTION WITH THE SAID PROGRAM; FURTHER AUTHORIZING THE CITY ATTORNEY TO PROCEED TO CLOSE ON THE SUBJECT PARCELS AFTER EXAMINATION OF THE ABSTRACT AND CONFIRMATION OF OPINION OF TITLE. k ai�si�`-•N_e"m-�.a k'JivLai49bi. 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, on October 23, 1986, the City Commission passed and adopted Resolution No. 86-840, which approved implementation of the Scattered Site Affordable Housing Development Program in the City's Community Development Target Areas for the purpose of providing owner -occupied residential units within the affordability range of qualified low and moderate income purchasers. WHEREAS, in October of 1986, the City Commission authorized the issuance of $4,200,000 in Special Obligation Bonds for the purpose of providing construction financing for such housing; and WHEREAS, the City, serving as developer, plans to finance the development of single family owner -occupied residential units in the Allapattah neighborhood under the Program; and AT 4���9�v��G��S C9N'iEt @6��D CITY COMMISSION MEETING OF FEB 9 1989 9--167 )N No. k P. P WHEREAS, three (3) parcels in the Allapattah Community Development Target Area have been identified and recommended for the development of housing affordable to low and moderate income families; and WHEREAS, the City of Miami is interested in acquiring three (3) parcels of land located in the Allapattah neighborhood which are more particularly and legally described in the attached Exhibits "A" and "B" for the development of such housing; and WHEREAS, appraisals have been obtained and efforts to secure the property for valid public and municipal purposes through negotiation should be undertaken by the City; and WHEREAS, funds in the amount of $567,794 were available from the original $1,000,000 allocated from Ilth Year Community Development Block Grant funds for land acquisition costs in connection with the Program. WHEREAS, the amounts set forth in Exhibits "A" and "B" are reasonable and in keeping with the costs of acquiring property through the normal negotiation process; and WHEREAS, the City Commission previously established a policy under Resolution No. 77-73 to provide a bonus over the appraised value to owners who sell their property to the City through a negotiated settlement in lieu of condemnation; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section I. T'ne City Manager is hereby authorized to negotiate with the property owners of three (3) parcels of land in the Allapattah Community Development Target Area and which, are particularly and legally described in the attached Exhibits "A", "B", "C", "D" and "E", are hereby authorized for acquisition by way of negotiated purchase. Section 2. The following offers as indicated are hereby authorized to be made to the owners of the subject properties in the amounts as indicated below: - 2 - CONTRACT PARCEL PURCHASE NUMBER PARCEL ADDRESS OWNER PRICE 03-14 S.E. Corner of N.W. Seymour C. Rudges, $18,875 8th Ave. & 29th Ter. Individually and as Executor of the Estate of Jean Rudges, Deceased, Hazel Dacks Dacks and Rita Moran 03-20 776 N.W. 30th St. David A. Graves $28,000 03-23 3500 N.W. llth Ave. Yvonne Scavella $16,985 Section 3. The City Manager is further hereby authorized to negotiate with the above property owners within the framework of the appraisals obtained for the parcels and further authorized to offer a settlement bonus as per Resolution No. 77-73. Section 4. Adequate Eleventh Year Community Development Block Grant land acquisition funds which exist as an available balance l/ remaining from the $1,000,000 previously authorized by the City Commission, are hereby designated to defray the cost of said acquisitions• Section 5. The City Attorney is hereby authorized to proceed to close on said properties after examination of the abstract and confirmation of an Opinion of Title; if approved by the City Attorney, the City Manager is hereby authorized to execute the Agreement of Purchase and Sale of the subject properties identified at the costs stated in Exhibit "A" and to disburse the sum(s) of money in accordance with the City Commission's approval. Section 6. All recitals and findings contained in the preamble of this Resolution are hereby incorporated by reference thereto and are hereby adopted as if fully set forth in this Section. Section 7. This Resolution shall become effective immediately upon its adoption pursuant to law. i 1/ Said balance as of December 31, 1988 was $567,794. (' 3 - 89 16 tr ``... PASSEDAt ADOPTED tii�i gth $&y F b �t8► �s 1 DR z„ s IER L= SU REZ, rt .r .r A TES . f} - C MAT HIRAI, CITY C ERK COMMUNITY DEVELOPMENT REVIEW: Z K T NED DIRECTOR COMMUNITY DEVELOPMENT FINANCE REVIEWS BUDGETARY REVIEW: CpR,O,12 IA, DIRECTOR MANO S iA, DIRE CTOR J FINANCE PARTMENT MANAGt AND BUDGET A PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY a t t. 1 f APPROVED AS TO FORM AND CORRECTNESS: 4,} r �g 'Js' x ky 3 a rk - �AND�JO GE CITY ATTORN � 4 Y tF"6i`t a? a��'•''�iq"�t'Rfrt k,; �y� o } s xs }s v vs� t�etk, t � a• �7 i D f { i r L i � A,��r � -.. r( 1 x�+i �, x [ � :Y � r.•�d qz•» .ar't x �t�59X4�i +�. - fiK��,r -'<,k, y a.✓,i ,1� d!R� zn u �i ,dry - �' c v "'� ` r a r i '' ' t n^,. ` Y x t+v�-�v� �'' ��Yty�a• �y� �,� �``s�:n, > H - ,, A- ' qA 1 i • PARCEL NO. 03-14 PARCEL ADDRESS: EXHIBIT *A" PROPERTY LEGAL DESCRIPTION: FOLIO NUMBER: OWNER OF RECORD: LAND AREA: ACQUISITION COST: PARCEL NO. 03-20 PROPERTY ADDRESS: PROPERTY LEGAL DESCRIPTION: FOLIO NO.: OWNER OF RECORD: LAND AREA: ACQUISITION COST: PARCEL NO. 03-23 s: Z:' ? ADDRESS: PROPERTY LEGAL DESCRIPTION: FOLIO NUMBER: 3 OWNER OF RECORD: Southeast Corner of Northwest 8th Avenue and 29th Terrace Lot: 1, Block: 2 Boulevard Park Plat Book 7, Page 55 01-3126-009-0260 Seymour C. Rudges, Individually and as Executor of the Estate of Jean Rudges, Deceased, Hazel Dacks and Rita Maran 135 x 50 $18,875.00 776 Northwest 30th Street Lots: 1 and 2, Block: 2 DeLeon Park Plat Book 3, Page 165 01-3126-005-0170 David A. Graves 105 x 128 $28,000.00 y 3500 Northwest llth Avenue South 90 ft. of east 138.546 of a - portion of Lyndon Park Unrecorded Plat - 01-3126-003-0130 f. Yvonne A. Scavella�f LAND AREA: 90 x 139 a 3 ACQUISITION COST: $16,985 89 N� _ u 4�. D i ' ML XHIBIT .`� .yam ...._ .�+.�� 1 l•'� #t� T.•� W. 31 Alk 5T 1 r � i -�'•. lam. � '.+ ;�,. � 1 tt ( 1 'irpj rA 30 ST r� t� •�. ; y. ,/ ;n 2 s / TER ' r CO IS 4 �,.• 'icy � r� � �� � .Drr+ '°+ts'-n - -N^� T •�•.���t �I y„ T z (D} .•. +, ?M "'1 '� t ..7'� �! � ...'�'�a �..a. •..�www.. wTTir G lot "K" :1 TL. "✓tt �('..:'� ' 1 '4 --+. : ice * "" EXHI FIT "C" AGREEMENT OF PURCHASE AND SALE THIS AGREEMENT entered into this day of 1989, by and between THE CITY OF MIAMI, Dade County, Florida, a Municipal Corporation of the State of Florida, hereinafter referred to as "CITY," and SEYMOUR C. RUDGES, INDIVIDUALLY AND AS EXECUTOR OF THE ESTATE OF JEAN RUDGES, DECEASED, HAZEL DACKS AND RITA MARAN, residing/located at c/o H. Dacks, 1251 Southwest 125th Avenue, Cambridge T 312, Pembroke Pines, Florida, 33027, 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 Attachment "A" attached hereto and made a part hereof, and WHEREAS, the CITY desires to purchase said property located at Southeast Corner of Northwest 8th Avenue and 29th Terrace, (Parcel No. 03-14) for use in conjunction with the affordable housing program in the City of Miami. NOW, THEREFORE, in consideration of the sum of One Hundred Dollars ($100), and other good and valuable consideration, it is hereby covenanted and agreed between the parties as follows: I. In consideration of the CITY paying the SELLER the sum of Eighteen Thousand Eight Hundred Seventy -Five Dollars ($18,875), 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 Attachment "A" attached hereto, and made apart 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. 3. All taxes and assessments of record for the year 1989 shall be prorated as of the date of closing, and shall be paid or satisfied by the SELLER prior to closing. 4. All certified liens, encumbrances and charges of record against the real property, and all pending liens against the real property, shall be paid or satisfied by the SELLER prior to closing. 5. The SELLER agrees that loss or damage to the property by fire o� 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. 6. Title to the property shall be delivered to the CITY on the date of closing. However, from and after the execution of this instrument, the CITY, its agents, and its contractors shall have the right to enter upon the premises to be conveyed for making studies, surveys, and tests, soundings, and appraisals. 89 167 : 7. If the SELLER is a corporation, partnership or trust, SELLER hereby agrees to comply with Section 286.23 Florida Statuteb by flaking a written 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 Statutes. S. 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 of the State of Florida. 10. The SELLER understands that this offer has been approved by the City Commission of the City of Miami, Florida by Resolution No. 11. If this is not executed by both parties to the Agreement on or before March 30, 1989, this offer shall thereafter be null and void. The date of the contract shall be the date when the last one of the CITY and SELLER has signed this offer. 12. The $100 depcsit delivered to the SELLER at the time of execution of this Agreement shall act as a deposit on this transaction and, upon closing, shall be credited against the purchase price to be paid at time of closing. Dated the date first written above. WITNESSES: As to an Individual As to an Individual As to an Individual ATTEST: MATTY HIRAI E City Clerk APPROVED AS TO FROM AND CORRECTNESS: FORGE L. FERNANDEZ City Attorney SELLER: Seymour C. Rudges, Hazel Dacks and Rita Maran BY BY CITY OF MIAMI, a Municipal Corporation of the State of Florida I BY CESAR H. ODIO City Manager g {.; F;rrA. ti..'� 't�i, l�V :. a {7} f r; �.�ji L'`r Y r A x aa�at{s� n+sdl'as rr rY4+ � '�¢, �'�,., ( S�'� �k Rxf"�$ �at'a y�y'�ds' �r •t t. �gn, 1 �A \,+�`n:t� n y t !,.,� 1 � h"aALti4�0�. t`i1x atr r t z + skA Ali4 * { ! t Ft e 0 "ASS rr a bit�t S+�uth�at. Ccrr�� +�ftc�tw�t.,t T gth Mehue and 2gth TerfAce � x � h t t r C�rh �7' ncy + PROP It'I�SC LEGAL ASCRIPTION:b6h 1, Block: 2 $$ i Boulevard Park x b[ Plat Book T, Page :t 01-3126-009-0260 t FOLIO NO.: s OWbTER OF RECO1tDz; Seymour C. Rudges, Individually and as Executor of the Estateof Jean Rudges, Deceased, Hazel Dacks `and Rita Maran LAND AREA• 13 5' x 5 0 N s 'A'-,4'3'k� + 4 4A ti °J4 u'*, fin ^y �. A kY§ $ wp F ]Cx {rwf 4t Sufi+, ;. t a M'y.r anal i [ ,a. t4 i ;!' kr a'a u '� 4 MN } s �r4ir �a1aa> r yy 9 P r" X {'c 5.4 ..a•'�d,d ,r��'n'Y at4 Lr.3F!' T !r 5'a�,' tx fS t'^E ti+ �;e't � t� .,L 7 4• s 'fit ^..:: � � `} u•Z M.r i� 4 .F F i x� i�' � _ A :C th Ty '{�`.r'�e �vl� -t� �";�X '`"•d�.,ji �Y �p��'?�' � _yx n. �,.C;a�{ �k,�1�'tl`�:�fi � i . R t L o{:�"�'✓ p •r. , w. t i�'4.,`A'i;. S"p� �+�3t� 1 'A`.-; . s� �",'t-� 's�"�fst�A :y� F.#. R-(�tsi�k3'A, rx$ hPt•E,.�Rs. ue��•a,�}.�n+�.`?:j d rST��[ii'�� � ' km.Pz�"L 'ri :;yam A t �3[ 'f=k6 e'.;a ;i, >< ♦.;°��''. k : ;550 ' f S „wts�r:j,a x. "`".. : y$ y �d>f�' .r�;h Ar i.n? �+' xsr ro �W'.0 iifi.' F r �' .{` a -� ;. r t t �✓✓ P r i ai A �.��,p� ��r5�`i k n ,�.Z"4t r1 csr Y r zr. s �z a 4444 _ ,i y, ,r y w Y.T",X > e:�r1 ['�k`n`' d4 y�!' �yd �'�ix��� °''` d�s�r�r StI" 2'''�''-ki�i' r h. �. y a e�, of ,v iip �(l 4.+ r.?°c't .,j +b 'h 'k zst: 4 ri '✓.+ -Fc7.wks„a.,�y�Ya C a r t `.�y�x k' s'C r y ,...� ruil'1,� tiS it y. t N't x t hs tt ry„s a� -k 36.—Now _ ;a ,%* x# a �' "'{...Cd•Ls.,�t�,rc}� x �+ - f$ to r' b y.s �' .✓ rj4'`'1F f �'< '�'A`f¢r rya.#• °`ti X.. "1A5 :-�.i4.r��. 4v-` i-tb .v t 'cj t.•€ � fi w e z,r �'?� � ��` ti 3���� z'� r�� s• As t � �kr tt� #- fF°,: �a•` 4 •'��;a i-i {'4f '4 .F ! t + r f A#$;f �'r i s<ix'L`az'�Xt`"n`r'"t tr.;'.I'o5rf *+ rsa�.�• Y F�^Q-J 4++lYS „�Y:i. S..e t"� X-^E' zv .y b.LF �. ..^;"t'tafXj'>Y� { Y y'1A-{-'y'..� ;.sd',3`.,�„•n a a } r.¢: `l izt.A'"}�l-?;: �`,s-C'. 7° c a.tf #t T.t Pi x ri> '�4 3`.,�,Y b+t ';i�"� ' ,a .,ZL'�'« +? 4k T;'",s'•,#,.i' f-'i1' .:.A •'- `,. '"ai,roBkt.- � t 61�4t<fki A,a C a."y p s, ! r.� ,a� st . r�?�`� xc: t EXHIBIT "D" - AGREEMENT OF PURCHASE AND SALE THIS AGREEMENT entered into this day of 1989, by and between THE CITY OF MIAMI, Dade County, Florida, a Municipal Corporation of the State of Florida, hereinafter referred to as CITY, and DAVID A. GRAVES residing/located at 3701 Park Avenue, Miami, Florida, hereinafter referred to as "SELLER." W I T N E S S E T Ei: WHEREAS, the SELLER is owner of that real property more fully described on Attachment "A" attached hereto and made a part hereof, and WHEREAS, the CITY desires to purchase said property located at 776 Northwest 30th Street, (Parcel No. 03-20) for use in conjunction with the affordable housing program in the City of Miami. NOW, THEREFORE, in consideration of the sum of One Hundred Dollars ($100), and other good and valuable consideration, it is hereby covenanted and agreed between the parties as follows: 1. In consideration of the CITY paying the SELLER the sum of Twenty -Eight Thousand Dollars ($28,000), 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 Attachment "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. 3. All taxes and assessments of record for the year 1989 shall be prorated as of the date of closing, and shall be paid or satisfied by the SELLER prior to closing. 4. All certified liens, encumbrances and charges of record against the real property, and all pending liens against the real property, shall be paid or satisfied by the SELLER prior to closing. 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 ny the ui,rz. in the event hat such loss or damage occurs, 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, from .and after the execution of this instrument, the CITY, its agents, and its contractors shall have the right to enter upon the premises to be conveyed for making studies, surveys, and tests, soundings, and appraisals. 67 7. It the SELLER is a corporation, partnership or trust, SELLER hereby agrees to comply with Section 286.21 Florida Statutes by making a written 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 Statutes. 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 of the State of Florida. 10. The SELLER understands that this offer has been approved by the City Commission of the City of Miami, Florida by Resolution No. 11. If this is not executed by both parties to the Agreement on or before March 30, 1989, this offer shall thereafter be null and void. The date of the contract shall be the .date when the last one of the CITY and SELLER has signed this offer. 12. 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. 13. 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 to the date hereof. ywp, PS p r P 13,E S�a Jt ;.• _ - PARWIt� NO..f� F U ; 7 w rTx J;E tk {itTt `'t'Of, tJ i �?'.,yw'{. 3 k !' Yf r ?'• e s Y r < r '� e� Y� £ t -rF T: ��pypp irj� t a� 2 AYYa� 9 Y L�I6r th*6a .7L[l { amp a� a�Ys vhi PROPERTYMli LEGAL DESCRIPTION 017 Lott _1 and �i Bloek � 005- FOLIO NO.: OWNER OF RECORDt David A. Graves t 3701 park Avenue Miami, Florida LANDA: 105 x 128 Pyy y� fiF ,=jYri ] hat � � . tV : t { t t , '� ,t ' ; L,f { ,.. ,• =t r' T P cpY Fa } ,,, i ''� r�: 3 •5 �t y � ,ry s }'tt4'+ '� `' �<> a`� � �� + tri T i, 3 a, �..c�'�' ', T�a�"w. � � � �� � PF ��r.}y, i r 1z, _fi ik4i..F�ey3, ni i{�'f• »f x � �v 9 a r. si >K. r• ;� � 4 � S. h y � f. °'#a v'p r�' h,..� fi V£ .µ, yy ft:xx.. rf� � �» ,-#,te•.� =3 .gt" ' •k't = `�y:.. ,#} .^+,,ry s;f'�(, ! R€ M �'=`9 4 e. k. 1� +, r} d �- W. i',y{n� 'E`r,,ty�t r '+'r,q �!i S y •}� t -� �."t 4 3 rro r `F d.,4 ► hv� r 4 - ~ t fi atr ft^- "� I r {( t tt C'd•"z'f a'�Sy � Ae �4 F M 2 =2-,�s r y..g� ''-.. P� 1 �, fe: Ty 5h s' , � p, a `a t "e�,'� ,'� i q a€fi.�i"� '� � ��.� �� �Fh w � �'? � � ���� > } Sr>q �tr',, ,�, _ � �' �t�""" p. �a _-�"�.�„ ���.a✓t� r AA;J'u^��'aZ� ' i � ,� L tiF j r _ i t } ? a r ..y, �y.�al-x �� • rS. ., .... t. :i`,Ya'. •_c55�+.%..+ �.%�}14.`k .ice �:, k_e .0 S ..�.., ��� ., M 'ss'k� ., 1.. «.. �dr � .�� :`:"��r .1�r2 '�t�;;"}.. ��� �'..�'k5.� r� EXHIPIT "E" AGREEMENT OF PURCHASE AND SALE. THIS AGREEMENT entered into this day of , 1989, by and between THE CITY OF MIAMI, Dade County, Florida, a Municipal Corporation of the State of Florida, hereinafter referred to as CITY, and YVONNE A. SCAVELLA, residing/located at c/o Michael Scavella, 875 Avenue of the Americas, Suite 800, New York, New York 10001, 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 Attachment "A" attached hereto and made a part hereof, and WHEREAS, the CITY desires to purchase said property located at 3500 Northwest llth Avenue (Parcel No. 03-23) for use in conjunction with the affordable housing program in the City of Miami. NOW, THEREFORE, in consideration of the sum of One hundred Dollars ($100), and other good and valuable consideration, it is hereby covenanted and agreed between the parties as follows: 1. In consideration of the CITY paying the SELLER the sum of Sixteen Thousand Nine Hundred Eighty -Five Dollars ($16,985), 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 Attachment "A" attached hereto, and made a part hereof.) 2. The CITY shalll 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. 3. All taxes and assessments of record for the year 1989 shall be prorated as of the date of closing, and shall be paid or satisfied by the SELLER prior to closing. 4. All certified liens, encumbrances and charges of record against the real Property, and all pending liens against the real property, shall be paid or satisfied by the SELLER prior to closing. 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 hat such loss or damage occurs, 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, from and after the execution of this instrument, the CITY, its agents, and its contractors shall have the right to enter upon the premises to be conveyed for making studies, surveys, and tests, soundings, and appraisals. t1 y. If the SELLER is a corporation, partnership or trust, SELLER hereby agrees to comply with Section 286.23 Florida Statutes by making a written Public Disclosure, under oath, of the names and addresses of every person(s) having beneficial interests in the heal Property being conveyed to the CITY, unless specifically exempt by provisions of said Statutes. 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 of the State of Florida. 10. The SELLER understands that this offer has been approved by the City Commission of the City of Miami, Florida by Resolution No. 11. If this is not executed by both parties to the Agreement on or before March 30, 1989, this offer shall thereafter be null and void. The date of the contract shall be the .date when the last one of the CITY and SELLER has signed this offer. 12. 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. 13. 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 to the date hereof. Dated the date first written above. WITNESSES: As to an individual 9 } F BY MATTY HIRAI _ CESAR H. ODIO. City Clerk City Manager APPROVED AS TO FORM AND _ — CORRECTNESS: JORGE L. FERNANDE2;` City Attorney 4rz«j F_ s - t } �4 .`r n� z r a= Apow � 6 Yo-i 3 Y ti U ;r VAICb+ -23 n i�Oi {i. t 1'. P S Y '�f4�1W11f�IM1 4 {; t3 X � , so CITY of MIAMI. FL011110A Y INT6R.OFFICE MEMORANDUM- Honorable Mayor and Members OATS: tii1s. r .� • to: of the City Commission Resolution Authorizing l- susJECT:Acquisition of Three (3) Parcel in Allapattah FROM: Cesar H. odio REFERENCESCity Commission Agenda Item - February 9, 1989 City Manager ENCLOSURES: �r ' l RgCOMMMDATION It is respectfully recommended that the City Commission adoacels attached resolution authorizing the purchase of three (3) p An the Allapattah Community Development Target Area for: the ;purpose of developing affordable sales .,housing in connection :with the, City sponsored Scattered Site Affordable. Housing Development, Program. BACKGROUND: ment Agency recommends 3 ;^ The Housing Conservation and Develop ratification of the attached resolution which authorizes the purch ase of three (3) parcels in the Allapattah Community Development Target Area for the purpose of developing affordable { sales housing in the Allapattah neighborhood. The proposed t resolution authorizes and directs the City Manager to execute an Agreement of Purchase and Sale for the subject parcels currently under consideration for acquisition. h Resolution No. 86-840, the City In October of 1986, through roved the implementation of the City's Scattered a Commission approved Site Affordable Homeownership Development Program in the City's ' Community Development Target Areas for the purpose of providing owner occupied residential units within the affordability range of; �`{f In addition, the. qualified low and moderate income purchasers. t City Commission authorized the City Manager to proceed in securing ,FXAV- t appraisals of home sites with initial emphasis in the Allapattah,': t� Model City, Wynwood and Overtown Target Areas. f K�1 ifi Seven (7) new single family homes have been recently completed -An. �4 the Model City neighborhood and construction is scheduledo commence on two (2) new single family homes in the Wynwo44i ,>4t ' neighborhood within the next 30 days. r ., • .r..`, +'.. — t Mli{rFiV�iVi�MYi 4 - %kv. - , iv �rN T Q&� , t 4 ri cFt �. ��., � -'��4� • 3:�fr { � � �_'J¢ �?++�h t?4xe^,S� � _ .Airy �. 4�r,�A �f�3`,�'`.'r 4,F �'�� Y 't r tv �{�7-110�x -k,-'�Q4 v.cs ?„3 �C •2.,s ham: .?ti et it s8. -s 3` ��. f'- c -�Yt ,y "7 �'^4�. fir 'i S �t 44 �r gn IL Resolution Authorizing Acquisition of 3 Parcels- iri All, attah g r � ��,� rxt%i'3'. t,' Page .G- k�S Sye� € r r,4 _ 'Y � 1 A tr �k .•� t f `+„ '� rfi E,�J �7r' ir+' ''�dtcyl t �: } ' r � ' sr } w Lrr ,t � 4', x'�i 1,�?t+.#A��.'�.�� r { �• ; ` Acquisition of the subject parcel will result in the development of three (3)new single family homes in the Allapattah neighborhood. ;. Approximately '$567,794' in funding which represents the remaining balance from the $1,000,000 in llth Year Community Development Block Grant Funding previously authorized by the City Commission,' in.`' 3, connection with the aforementioned Program, is available to defray ,a the cost of acquiring the subject parcels. In view of the City's need to acquire homesites in the Allapattah << neighborhood in connection with the City's Scattered..Site Affordable�� f�4fl3 Homeownership 'Development Program, City Commission 'ratificati n' ..O. the attached resolution is recommended. .. ... � rt tr kr t� ,r s