HomeMy WebLinkAboutR-86-0870J-86-902
10/21/86
RESOLUTION NO. 86-870
A RESOLUTION RATIFYING, APPROVING AND
CONFIRMING AN OFFER OF SETTLEMENT MADE IN
CONDEMNATION rROGFsEDINGS FOR ACQUISITION OF
LAND PARCEL 57--13 PEYDING IN CIRCUIT COURT
CASE NO, 86-14608, CALLING FOR THE PAYMENT OF
AN ADDITIONAL, $140,"00 AS THE PRICE OF
PROPERTY LOCATED IN THE- VICINITY OF MIAMI
AVENUE AND NORTHWEST 8TH STREET, MIAMI,
FLORIDA, WITH SAID ADDITIONAL FUNDS TO BE
PROVIDED FROM THE MIAMI SPORTS AND EXHIBITION
AUTHORITY. CONVENTION DEVELOPMENT TAX BOND
PROCEEDS.
WHEREAS, the City of Miami has initiated condemnation of a
paroel of land located in the City of Miami in the vicinity of �.
Miami Avenue and. Northwest 8th Street at the request of the Miami
Sports and Exhibition Authority (Parcel 57-B); and
WHEREAS, a trial has been scheduled for November 3, 1988 to
. establish the value of t:a property; and
WHEREAS, the City has already deposited $466,500 in the
Court Registry; and
WHEREAS, settlement at this time will result in lower
anoillary expenses associated with condemnation which must be
paid by the City including legal fees and appraisals;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. An offer of settlement made in condemnation
proceedings for the acquisition of Land Parcel 57-B pending in
Circuit Court Case No. 86-14608, whereby the payment of an
additional $146,500 as the price of property located in the
vicinity of Miami Avenue and Northwest 8th Street, Miami,
Florida, is hereby ratified, approved and confirmed.
Section 2. The said additional amount is to be paid from
funds to be provided from the Miami Sports and Exhibition
Authority Convention Development Tax Bond proceeds.
•t '• 'i' ii::1 •1'
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PASSED AND ADOPTED this 23rd clay of —_,--Oc I o-b .lr 1986.
XAVIER L. S FZ, MAYOR
ATTEST:
NATTY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
ROBERT F. CLARX
CHIEF DEPUTY CITY ATTORNEY
APPROVED AS.J TO FORD AND CORRECTNESS:
LUCIA . DOUGHERT
CITY A TORNEY
RFC:bss:M240
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