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HomeMy WebLinkAboutR-87-0502f F J-87-5U4 5/21/87 RESOLUTION NO. 87-L U 2 _ A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE; A PURCHASE AND SALE AGREEMENT AND QUIT CLAIM DEED IN FEE SIMPLE IN A FORM ACCEPTABLE TO THE CITY ATTORNEY WHEREBY A PORTION OF THE FORMER FLORIDA EAST COAST (F.E.C.) PROPERTY, MORE SPECIFICALLY DESCRIBED IN THE ATTACHED LEGAL DESCRIPTION, WILL BE CONVEYED TO DADE COUNTY FOR THE PURPOSE OF CONSTRUCTION OF THE COUNTY PORT OF MIAMI BRIDGE IN ACCORDANCE WITH THE PLANS AND SPECIFICATIONS AS SUBMITTED TO THE CITY COMMISSION THIS DATE AND PURSUANT TO THAT CERTAIN CITY/COUNTY AGREEMENT DATED AUGUST 23, 1984 AND IN COMPLIANCE WITH PHASE II AS SPECIFIED THEREIN, SAID AUTHORIZATION BEING CONDITIONED UPON PAYMENT TO THE CITY OF 5.9 MILLION DOLLARS AS CONSIDERATION FOR SAID CONVEYANCE AND PERFORMANCE OF SUCH OTHER CONDITIONS AS SPECIFIED HEREIN. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is nereby authorized to execute a purchase and sale agreement and quit claim deed conveying fee simple title to a portion of the former F.E.C. property, more specifically described in the attached legal description, in a form acceptable to the City Attorney; such conveyance being for the sole purpose of construction of the Port of Miami bridge in accordance with the plans and specifications as submitted to the City Commission this date and pursuant to that certain City/County agreement dated August 23, 1984 and being subject to easements in favor of the City of Miami for the purpose of conducting the Miami Grand Prix or similar events and also being subject to an easement in favor of F.E.C. for the port access railroad and further being subject to a reverter provision in the event that the County fails to construct or have constructed the Port of Miami bridge as described in Phase II of that certain City/County agreement dated August 23, 1984 or fails to use the property conveyed for transportation purposes providing ingress and egress to the Port of Miami. CITY CQVLDUbbL' MEETING OF MAY 28 1987 No. DEMARKS1 Section 2. The herein authorization is subject to payment to the City of 5.9 million dollars and the execution of an agreement by Dade County to assume full responsibility for any cost or expense for modification or improvements to the public right of way deemed necessary by the F.E.C. or the City of Miami and further, subject to Dade County agreeing to assume full responsibility for any cost and expense for modification or relocation necessary for the running of the Miami Grand Prix or similar event. Section 3. The City Commission hereby finds that the only revenue producing potential of the property conveyed herein is that of surface parking revenue which is insignificant as compared to the public purpose served by providing sorely -needed access to the Port of Miami and does hereby expressly authorize the conveyance of said property for 5.9 million dollars which amount is slightly below the highest appraised value of said property. PASSED AND ADOPTED this 28th day of Ma ATTES M TTY _HI , C PREP D DRO VILA Ad-SISTANT CITY APPROVED AS LUCIA A.hDOQGH CITY ATTtRNEIY AV:bf:976 D . AND CORRECTNESS: XAVIER L. , 198 W, -2- 02 i CItY OF MIAMI, RLORIDA INTER -OFFICE MEMORANDUM TO The Honorable Mayor and Members DATE May 22, 1987 ksar he City Commission SuB:Ecr Port Bridge Land Acquisition FROM H. �Odio REFERENCES City Manager ENCLOSURES. (2 RECOMMENDATION: m RILE It is respectfully recommmended that the City Manager be autho- rized to execute a purchase and sale agreement and quit claim deed, in fee simple, in a form acceptable to the City Attorney conveying to Dade County a portion of the City -owned former Florida East Coast (F.E.C.) property for the construction of the new Dade County Port of Miami Bridge as described in the attached resolution and legal description. BACKGROUND: The City and Dade County entered into an agreement dated August 23, 1984 expressing the intent to convey certain lands from the City to Dade County for the sole purpose of constructing right- of-way improvements and a bridge providing ingress and egress to the Port of Miami and further providing for the purchase price to be determined by appraisals. The herein authorization is subject to payment to the City of $5.9 million and the execution of an agreement by Dade County to assure the County's responsibility for all costs for modifica- tions and improvements necessary to the public right-of-way, the F.E.C. right-of-way, and any required modifications necessary to accommodate the Miami Grand Prix. It is recommended that the City Manager be authorized to execute the purchase and sale agreement. Attachment: Proposed Resolution and Legal Description 87__502 l'r