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HomeMy WebLinkAboutM-87-0021CITY OF MIAM1, FLORIDA INTER -OFFICE MEMORANDUM Honorable Mayor and Members DATE DEC 3 1 19& FILE of the City Commission SUBJECT Resolution authorizing the City Manager to authorize an offer to FROM Cesar H • OQ lO REFERENCES: purchase - Simon property City Manager ENCLOSURES RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached resolution authorizing an offer to purchase Lots 12, 13, 14, and 15, Kenilworth Revised Subdivision, Plat Book 5, Page 115, of the Public Records of Dade County, Florida, from Charles Simon/Robert Simon/Sonya R. Summers, property owners as to estate of Dorotny Simon, in connection with the South District Police Substation. BACKGROUND: The General Services Administration Department has been negotiating with the above property owners, as authorized by Resolutions 86-289, and 86-290, since May, 1986. Two appraisals were made on the property and these came in at $575,000 and $660,000 respectively. Based on these figures, the City made an offer to purchase of $679,250, which was* calculated by determining the mid point between the two appraised values and including a bonus. This offer was rejected by the property owners and subsequently the file on the property was submitted to the Law Department for condemnation. Further negotiations involving the Law Department resulted in a third appraisal solicitation which yielded a fair market value of $760,000. The latter amount is the City's final offer to purchase the property. The seller agreed to accept this offer and to relinquish any claims for damages. In addition, disclaimers will be given to the City from all tenants except one body shop. If an agreement is not consummated based on this final offer, the City will proceed with condemnation proceedings to acquire the property. Attachments% Proposed resolution Proposed purchase & sale agreement o rioAl