HomeMy WebLinkAboutItem #43 - First Reading OrdinanceJ-88-21
1/5/88
Amendment No. 2
to Ordinance No. 10321
ORDINANCE NO.
AN ORDINANCE AMENDING SECTIONS 1 AND 6 OF
ORDINANCE NO. 10321, ADOPTED SEPTEMBER 22,
1987, AS AMENDED, THE ANNUAL APPROPRIATIONS
ORDINANCE FOR THE FISCAL YEAR ENDING
SEPTEMBER 30, 1988, BY INCREASING THE
APPROPRIATIONS IN THE PROPERTY AND LEASE
MANAGEMENT ENTERPRISE FUND IN THE AMOUNT OF
$34,000 FOR THE PURPOSE OF ACQUIRING
PROPERTY LOCATED AT 300 SOUTHWEST NORTH
RIVER DRIVE IN THE CITY, IN CONNECTION WITH
THE NORTHWEST NORTH RIVER DRIVE PROJECT,
REVENUE IN THE LIKE AMOUNT BEING AVAILABLE
FROM PROPERTY AND LEASE MANAGEMENT'S
RETAINED EARNINGS; CONTAINING A REPEALER
PROVISION AND A SEVERABILITY CLAUSE.
WHEREAS, the City Commission adopted Ordinance No. 10321 on
September 22, 1987, establishing revenues and appropriations for
the City of Miami, Florida, for fiscal year ending
September 30, 1988; and
WHEREAS, the Property & Lease Management Division of the
General Services Administration Department performs the function
of acquiring property for development projects which the City is
presently implementing; and
WHEREAS, the acquisition of the herein property will assist
the City in implementing the marine -oriented development of
publicly owned properties along the Miami River from Southwest
2nd Avenue to Northwest Sth Street;
NOW. THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. Sections 1 and 6 of Ordinance No. 10321, adopted
on September 22, 1987, as amended, the Annual Appropriations
Ordinance for fiscal year ending September 30, 1988 are hereby
further amended in the following particulars: 1/
Words and/or figures stricken through shall be deleted.
Underscored words and/or figures shall be added. The
remaining provisions are now in effect and remain unchanged.
Asterisks indicate omitted and unchanged material. All
figures are rounded to the nearest dollar.
"Section 1: The following appropriations are
made for the municipal operations of the
City of Miami, Florida, for the Fiscal Year
1987-88, including the payment of principal
and interest on all General Obligation
Bonds:
s s s s s s s s s s s s s s s s s
ENTERPRISE EIS.
s s s s s s s s
Property N Lease Management
TOTAL ENTERPRISE FUND
(footnote reference omitted)
s s s s s s s s
TOTAL OPERATING
APPROPRIATIONS
s s
s
s
s
APPROPRIATIONS
s
s
s s
,
S
1.981.413
58,302,504
58,416,564
$257,762,232
Section 6: The above appropriations are made
based on the following sources of revenues
for the 1987-88 fiscal year:
s s s s s s s s s s s * * * * *
s s s s s s s s s s s s s s s s s
Property V Lease Management 1 1,981,413
TOTAL ENTERPRISE FUND $ 58,36215et S 58,416,564
(footnote reference omitted)
s s s s s s s s s s s s s s s s s
TOTAL OPERATING
REVENUES $258,762,232
Section 2. The herein Enterprise Fund is hereby increased
for the purpose of providing additional funds from retained
earnings in the amount of $34,000 for the Property & Lease
Management Fund Manager, for the purpose of acquiring property
located at 300 Southwest North River Drive in the City in
connection with the Northwest North River Drive Project.
Section 3. All ordinances or parts of ordinances insofar as
they are inconsistent or in conflict with the provisions of this
Ordinance are hereby repealed.
Section 4. If any section, part of section, paragraph,
clause, phrase, or word of this ordinance is declared invalid,
the remaining provisions of this Ordinance shall not be affected.
PASSED ON FIRST READING BY TITLE ONLY this 14th day of
January , 1988.
PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE ONLY
this day of
ATTEST:
MATTY HIRAI
CITY CLERK
BUDGETARY REVIEW AND APPROVAL BY:
RANK R. MAY, ACT DIRECTOR
MANAGEMENT AND BUWET DEPARTMENT
FINANCIAL REVIEW AND APPROVAL BY:
CARLOWE. GARCIA, DIRECTOR
DEPARTMENT OF FINANCE
PREPARED AND APPROVED BY:
ROBERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPROVE;�-►AS TO FORM AND
CORREC SS:
A. DOUGHERTY
TY
, 1988.
XAVIER L. SUAREZ
MAYOR
-3-
CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM
To. honorable Mayor and DATE' �M�1!ri 1989 BILE.
Members of the City
Commission SUBJECT: Proposed Appropriations
NZOrdinance Amendment
'E.
FROM: REFERENCES:
Cesar H. Odio
City Manager ENCLOSURES:
RECOMMENDATION
It is respectfully recommended that the City Commission adopt the
attached ordinance amending the annual appropriations ordinance
for the fiscal year ending September 30, 1988, increasing the
appropriations in the Property and Lease Management Enterprise
Fund, in the amount of $34,000, for the purpose of acquiring a
parcel of real property located at 300 Southwest North River
Drive (the Kreid t property).
BACKGROUND
The General Services Administration Department has been working
with several departments in connection with the NW North River
Drive Project. The City of Miami owns an approximately .75 acre
triangular shaped parcel of land located between SW North River
Drive and the Miami River, with public access to and from the
site on SW 2nd Street and SW North River Drive. It contains
approximately 300 linear feet of River frontage. Tnis City -owned
triangular site was purchased in 1975.
Via Resolution 85--1236, the City Commission adopted in principle
the NW North River Drive Design Concept that, among other things,
sets forth a general development and implementation program for
— the marine -oriented enhancement of publicly owned properties
along the Miami River from SW 2nd Avenue to NW Sth Street.
Tnis City -owned land parcel is adjacent to and immediately nortn
_ of a 1,000+ square foot, parcel with frontage on the Miami River,
and having no access to and from a public rignt-of-way except
through the City -owned parcel.
r
Honorable Mayor and
Members of the City
Commission
Proposed Appropriations
Ordinance Amendment
Page 2
This land -locked, 10,000+ square foot parcel is owned by Wallace
Kreid t and its acquisition is essential for the development of
the City -owned site which is planned for marine -oriented
recreational and retail uses, including food and beverage sales.
The General Services Administration Department recently had the
Kreidt property appraised and these appraisals established Fair
Market Value between $20#000 and $31,400, respectively.
The General Services Administration Department is by this
ordinance appropriating funding of $34,000, which allows purchase
of this parcel at the highest appraised value and will allow for
a possible bonus, as stated in the Resolution. The passage of
this Ordinance will give the General Services Administration
Department funding for this acquisition.
Attachment: Proposed Resolution