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HomeMy WebLinkAboutR-88-0990i J-88-1031 10/26/88 RESOLUTION NO. S�1_9 ( A RESOLUTION APPROVING AND CONFIRMING THE CONVEYANCE OF THE PORT BOULEVARD BRIDGE PARCEL TO METROPOLITAN DADE COUNTY, FLORIDA, FOR THE CONSTRUCTION FOR THE NEW PORT OF MIAMI BRIDGE. WHEREAS, by Grant of Easement dated March 24, 1961, and recorded April 2, 1970, under Clerk's File No. 70-R-59580 in the Public Records of. Dade County, Florida, the City conveyed a certain Right -of -Way Easement to the County for Port Boulevard Bridge ("1961 Easement") through certain property which continues to be owned by the City; and WHEREAS, the County and the City entered into that certain Agreement for Transportation Improvement to Provi-de Access to the Port of Miami dated August 23, 1984 ("Transportation Agreement"), which provided for the conveyance of City property necessary for the construction of a new five -lane high level bridge connecting the Port of Miami to Biscayne Boulevard (the "New Port Boulevard Bridge Parcel"); and WHEREAS, on October 15, 1985, the City and Bayside Center Limited Partnership (Bayside) entered into a Retail Lease for the development of a waterfront specialty center on certain parcels of land; and WHEREAS, on January 14, 1985, the City and Bayside entered into a Garage Lease for the development of parking facilities for certain lands described therein as the "Garage Parcel" and "Area B"; and WHEREAS, the County and the City entered into that certain Agreement dated July 21, 1987 (hereinafter "Agreement of Sale") which provides for the specific price and terms of the conveyance of the New Port Boulevard Bridge Parcel; and WHEREAS, the property known as "Area B" encompassed the majority of the property known as the New Port Boulevard Bridge CITY COMMISSION MEETING OF OCT 27 1988 88_!)nr1 RESOLUTION No. REMARKS: g Parcel, as well. as property owned by the Florida East Coast Railway Company as railroad right-of-way and the property acquired by the County in 1969; and WHEREAS, the City and County desired that the City convey the New Port Boulevard Bridge Parcel to the County free and clear of any leasehold interest of Bayside but subject to the easements expressly provided for herein, and Bayside was willing to release its interest in and to the New Port Boulevard Bridge Parcel in consideration for the agreements hereinafter set forth; and WHEREAS, the County, the City and Bayside entered into a Tri-Party Agreement on July 19, 1988, and the easement and leasehold rights of Bayside were preserved and protected in accordance with the terms of such agreement by which Bayside extinguished its leasehold interests on Parcel "B"; and WHEREAS, with the execution of the Tri-Party Agreement, the City Manager was duly authorized by City of Miami Resolution No. 88-739, adopted July 21, 1988, to execute a Revised Quit Claim Deed to Dade County conveying the New Port Boulevard Bridge Parcel to Dade County, subject to receiving simultaneously from Dade County an Easement for the Miami Grand Prix, or similar events, and subject to a reverter clause in favor of the City in the event the County fails to construct or operate such bridge, and subject to the County's compliance with the conditions set forth in Resolution No. 88-564, adopted June 9, 1988; and WHEREAS, the closing on the aforementioned transaction for Dade County's purchase of the New Port Boulevard Bridge Parcel occurred on October 6, 1988, by which the City tendered the aforementioned executed Tri-Party Agreement, a Revised Quit Claim Deed and an Easement, with their respective exhibits, and Dade County tendered to the City two separate County warrants: one for 5.9 Million Dollars ($5,900,000.00) representing the purchase price of such parcel and one for Two Hundred and Fifty Thousand Dollars ($250,000.00) representing the City's rebuilding and -2- 8i3--9�0 improvement cost incurred at F.E.C. property adjacent to Northwest First Avenue and Northwest Eight Street; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby approved, confirmed and adopted by reference thereto and incorporated herein as is fully set forth in this section. Section 2. The City Commission hereby approves and confirms the sale of the New Port Boulevard Bridge Parcel to Metropolitan Dade County, Florida upon the terms and conditions set forth in the aforementioned documents exchanged at the October 6, 1988 closing for this transaction, and hereby accepts the payment of 5.9 Million Dollars ($5,900,000.00) and Two Hundred and Fifty Thousand Dollars ($250,000.00) from Metropolitan Dade County in connection with said transaction. PASSED AND ADOPTED this 27th day of ,Wtober ATTEST: --- ATTY HIRAI CITY CLERK PREPARED AND APPROVED BY: AFAE4SUAR&9-RIVAS ASSISTANT CITY ATTORNEY RSR:yv:M832 l XAVIER L. SUAREZ MAYO 88. APPROVED AS TO FORM AND CORRECTNESS: J GE F RNANDEZ CITY TTOR EY 0 29 CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM TC, Cesar H. Odio, City Manager DATE October 13, 1988 FILE Att: Aurelio Perez-Lugones SUBJECT Discussion concerning City Attorney's report on the Port Bridge closing transaction rRo,, orge L. Fernandez REFERENCES City Attorney City Commission Agenda ENCLOSURES October 27, 1988 On October 6, 1988 the transaction involving the transfer of *he City -owned property to Metropolitan Dade County, necessary r construction of a new bridge onto Dodge Island, was completed. In order to apprise the City Commission of all details concerning the transaction, I am requesting that you schedule the matter as a discussion item on the October 27th City Commission meeting agenda. JLF:RFC:bss:P614 cc: Mayor and Members of the City Commission John J. Copelan, Jr., Deputy City Attorney Rafael E. Suarez -Rivas, Assistant City Attorney C Al C' - .'; ✓RIDA ;NTER-OFFICE MEMORANDUM Cesar H. Odio, City Manager .°'E October 18, 1988 - Att: Aurelio Perez-Lugones cueJec- Final Report/New Port _ _ Bridge Closing Jorge L. Fernandez City Commission Meeting City Attorney _NCLOS':q=_s Agenda November 3, 1988 (1) Our office has prepared the attached Resolution for City Commission consideration. A recital of relevant facts for your review is contained in the Preamble to the Resolution. Please include the memorandum and the Resolution in your Agenda Packet. JLF:RFC:bss:M078 cc: Rafael E. Suarez Rivas Assistant City Attorney