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HomeMy WebLinkAboutR-86-0390J86-428 RESOLUTION NO. 8 •- A RESOLUTION AUTHORIZING THE CITY MANAGER TO UTILIZE HEREIN DESIGNATED SOURCES OF FUNDING FOR THE PURPOSE OF PAYING THE REQUIRED AMOUNT INTO THE REGISTRY OF THE COURT OR IN AN INTEREST BEARING ACCOUNT IN CONNECTION WITH THE CASE OF DADE COUNTY V. WILLIAM B. SAWYER ET AL., GIRCU11 CONDEMNATION PROCEEDINGS OF PROPERTY NEEDED FOR THE OVERTOWN URBAN INITIATIVES PROJECT; FURTHER AUTHORIZING THE CITY MANAGER TO SET ASIDE ALL FUNDS NEEDED TO COMPLY WITH SETTLEMENTS MADE IN SAID PROCEEDINGS AND TO SATISFY THE JUDGMENT RENDERED IN SAID LITIGATION IN THE EVENT THAT THE CITY ATTORNEY DETERMINES THAT AN APPEAL BE FILED IN SAID LITIGATION. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA; Section 1. The City Manager is hereby authorized to _ utilize the below designated sources of funding for the purpose of paying the required amount into the Registry of the Court or in an interest bearing account in connection with the case of = Dade County v. William B. Sawyer et al, Circuit Court Case No. 84-2236, involving condemnation proceedings of property needed for the Overtown Urban Initiatives Project: Remaining balance of 1976 G.O. Housing ........ $1,200,000 Bonds allocated to S.E. Overtown/Park West Capital Redevelopment Project for land acquisition. Miami Sports & Exhibition Authority.......... $1,000,000 • acquisition assistance for Block 44 Balance of Section 108 Loan .................. $2,200,000 Approved CDBG funds (7th Year) ...... $ 200,000 ! Unencumbered 1976 G.O. Housing ............... $ 912,500 Bond Funds. Section 2. The City Manager is also hereby authorized to set aside all funds needed to comply with settlements made in said proceedings and to satisfy the judgment rendered in said litigation in the event that the City Attorney determines that an appeal be CITY COMMISSION filed in said litigation. MEETING OF MAY 00 WASOW] PASSED AND ADOPTED this 22nd day of MAY 1986. AT S MAYM PREPARED AND APPROVED BY: APPROVV &� TO FORM AND CORRECTNESS: U.,V%Alla-l.r , , CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Mayor and Members of the City Commission DATE: MAY 15 1986 COURT SETTLEMENT OVERTOWN _ SUBJECT: URBAN INITIATIVE PROJECT REFERENCES: FROM: Cesar H. Odio City Commission City Manager AT ENCLOSURES: Agenda May 22nd It is recommended that the City Commission approve the attached resolution authorizing the City Manager to utilize herein designated sources of funding for the purpose of paying the required amount into- the registry of the court in connection with the case of Dade County V. William B. Sawyer Et Al Circuit our ase - ', — involving condemnation proceedings of property needed for the Overtown Urban further Initiatives Project; authorizing the City Manager to set aside all funds needed to satisfy the judgment rendered in said litigation in the event that the City Attorney determines that an appeal be S filed i n said litigation. it further recommended that City Commission approve the attached Emergency Ordinance appropriating an additional $4,108,400 (mast of which has been previously allocated by resolution to the S.E. Overtown/Park West Redevelopment Project) to cover the increase cost of land acquired for this project. • •1 Honorable Mayor and Members of the City Commission Page 2 On May 13, 1986 a verdict was received in Sthe4 i rcui tThi s Court in the was Case of Dade County vs. Sawyer (Case No. filed in 1984 and involved the taking of 33 parcels in the Overtown Area. The City of Miami is liable for 85% of all cost overruns in this project. Both Resolution 83-108, which approved the Overtown Urban Initiative Grant Application, and Resolution 82-940, which authorized the approval of the Intergovernmental Cooperation Agreement for the Overtown Urban Initiative Project, call for the City to provide 85% of the local match and further require that the City pay to the County 85% of any funds which the grantee is required to pay from non-federal sources. Dade County retained full responsibility for land acquisition. Dade County was the grant recipient and required the City to assume this liability prior to their acceptance of this Grant. The County was able to negotiate settlements on only 10 of the parcels prior to con There ion;wer21 an additional 11 parcels were settled during litigation. parcels involved in the final Court settlement. The City of Miami is liable for an estimated $5,7 million in additional costs based -on the ury ver The offers of purchase made to the property owners in the Overtown Urban Initiative Area were based on appraisals prepared by Roger Budney, M.A.I., Moses Florence, Mark Quinlivan, M.A.I Pat Mellerson and Norman Kurferst, M.A.I., with review provideb who. have been M.A.I. These are all well qualified local appraisers Appraised values utilized ranged from approximately in its acquisition per tsgn programs. Appra Table A). The Overtown Urban Initiative Grant was for $6,770,670 matched by $1.69 million from the City of Miami, Dade County and the State of Florida. The Order of Taking for the property occurred in September 1984 and the court hearing for value was held between April 21-May 12, 1986. The County entered was the Court proceedings sufficientwith forbalance 70% increase Min Grant of $2.3 million which value, far in excess of typical jury verdicts. 86--390: --- -- ------ 11 Land Area sq. ft. Parcel/Owner 7,500 01-02(Gilc01 01-0300st)1 7,500 DI-04(Stone) 30,000 O1-06(Symonettel2 7,500 02-31(SYmonette) 22,500 02-06(Yon 2ampt13 1.500 02-t3g(Post)4 7,500 02-15(Post) 7,500 02-16(Mttcheil) 1,500 03-02(Post) S60250 03-03(Post)S 15.000 03-04(Post) 3,750 7,500 03-OS(Post) 7.500 03-06(Post) 3,750 03-07(Post) t 30,000 04-01(Schuss)er) 04-02(Schusslerl 1,500, 04-03(Rose) 7,500 04-05(Sweeting) 5,000 4.1 2.500 04-06(Blumenthal) 04-07(ma Ida) AVERAGES TABLE A County's ApDrlasal Ve 54 $8 $6 S $4 S8 $7 S $4 S8, $7 $4 $8 $7 $8 $7+ $9 $5 $7 $S $S •$8 $S $4 $7 $4 $4 $7 S5 $4 $7+ $7 $4 $7+ $7 $4 S7 $7 56 $7 $6 •S6 $7 $7 :36 $7 $7 $4 $9 $10 $6 $8 $9 $6 $8 $9 56 SS $6 $6 38 $7 rOlcc 20 20 $30 $25 $25 $18 S18 $18 $20 $30 $30 $30 $30 $30 $30 $38 $38 $28 $30 $30 7,500 $6 SB $6 $30 $5.0 $7 58 $7 $27 1 Purchased 6/82 for $2 per sq. ft- 2 Purchased 1/82 for $1.93 per sq- ft- 3 Purchased 6/81 for $3.60 per sq• ft. 4 Purchased 4/81 for S2.80 per sq• ft. 5 Purchased 12/82 for 53.37 per sq- ft. U Defendant's ADor 0 • $40 t0 $40 30 $40 25 $40 ;20 $30 ;IS $30 S18 $30 $20 $30 $20 $30 $37 $40 $37 $40 $37 S40 S37 $40 $37 $40 $37 $40 S42 • 345 $42 S45 $30 $45 $30 $45 es0 $45 $20 $25 $35 $35 $25 $25 $25 $35 $35 $45 $45 $45 $45 345 $45 $45 S45 $35 $35 $35 S30 345 S45 ;28,76 53S-90 S36 66 TABLE 9 County'I A raisal Verdict Defendant's A ratsal 5187,500 Parcel/Owner Land Area $60.000 $150,000 $150,000 $300.000 $187.500 01-02 6tico 7.500 $60.000 $150, 000 S150,000 $300.000 $1,050,000 01-03 Post/T 7,500, $240.000 $900.000 5900.000 $1.200.000 $262,500 01-04 Stone 30 ,000 $60.000 $187,500 $18795,00 S300,000 $562,500 01.06 Symonette 7500 $562.500 S450,000' $675,000 02-01 Sywonette 22,500 $165,000 $135.000 $112.500 $225,000 $187,500 a 02-01 Yon ZatteGPt 7,500 S52.500 $136,000 $135.000 3225,000 S187,500 02-08 Post 7,500 $60.000 $135,000 $150,000 $225,000 $262.500 02-15 Post/Y 7,500 S52.500 S300,000 $300,000 f450,000 5525.000 02.15 Mitchell 15,000 $105.000 52$5 S2,Z50,000 $2.531.300 03-02 Post/Y 56,250 $513,800 $1,687.500 $450.000 5,050 5555.000 $6,000,000 S675,000 15.000 $112.500 $168,800 03-03 Post/>' $26,300 5112,500 ;138,750 $337.500. 03-04 Post/T .03-05 3.750 $87.000 5225,000 5277,500 $300.000 $337.S00 Post/T 7,500 552.500 $225.000 ;277,500 $300,000 t168,800 03-06 Post/T 7,500 $26.300 $112,500 3138,750 51.350.000 03-07 Post/Y 3.750 ;362,000 $1.140. 000 $1,260,000 $1.350,000 $337,500 04-01 Schuessler 30.000 560,000 ;285.000 $315,000 i337.500 $262,500 04-02 Schuessler 7.500 $60,000 $210,000 $225,000 5337.500 $175,000 04-03 Rose 7,500 $40.000 $150.000 5150,000 $225.000 $87,500 04-05 Sweating 5,000 520,000 $75,000 $75,000 $112,500 $337.500 04-06 Bernstein 2.500 $225.000 . SZ2S,000 $337.500 04-01 Maid& 7,500 $60.000 . I Honorable Mayor and Members of the City Commission Page 3 The former property owners had 3 appraisals prepared by appraisers from North and Central Florida. The average valuation ranged from $28.76 per sq. ft. to $36.66 per sq. ft. compared to the $7 appraisal utilized by Dade County 27r court square aote abtotalles A veBdictTof jury verdict averaged $ P the $7 , 552, 500 ( note Table C).This month on then four additional onal times award 1� a granted appraisal. Interest of back to the date of taking (20 months) must be paid. This amount comes to $1,055,420. Legal fees and court costs are estUnderdFlorida of the settlement amount for a cost of $1,9 million. law, the condemning body liableiforable 85% ofal 1 thesee additionaland expenses court costs. The City will be for an approximate total of $2,5 million. TABLE C CONDEMNATION AWARD --REAL PROPERTY* MONIES REQUIRED Verdict $7,552,500 Less UMTA Deposit $2,275,400 BALANCE DUE $5,277,100 Less UMTA Balance $1,500,000 REMAINING BALANCE DUE $3,771,000 COUNTY PORTION $ 565,650 (15%) POTENTIAL CITY LIABILITY $3,205,350 (85%) *Additional costs for interest and legal fees not included n Honorable Mayor and Members of the City Commission Page 4 The projected liability of the f City under this award is approximately $5.7 million inclusive of all This award is extremely excessive and far beyond values in the area. Prior to our acquisition, private sales in the area ranged from $4-$6 per sq. ft. and previous public acquisition through condemnation in this area ranged from $6-$10 per sq. ft. Table D denotes recent for ic private sales in the area that occurred ccurr dfromtar $1193sto $5.55bper acquisition were announced. sq, ft. Jury awards on theirs aatwol tothreeyear, perioded from 225% owith9no above the purchase price with These awards represent improvements made to the property. astronomical appreciation in property - far in excess of actual real estate trends. In adjacent Park West, appreciation has baveragld Data a year based on a study prepared Information Systems Incorporated. We have requested that Dade County initiate a Motion for New Trial and the City is investigatingwishfDade led, County the City isealiablel foty r 85% for filing an appeal. If an appeal of additional interest costs (if not reduced) and legal fees. Parcel Number Owner 01-03 Post/Y 01-06 Symonette 02-06 Yon Zampt 02-08 Post/Y 02-15 Post/Y 03-04 Post/Y Table D JURY AWARDS FOR PROPERTIES PURCHASED UNDER THREAT OF CONDEMNATION (BASED ON 10/84 LAND VALUES) Date Purchased 6/82 1/82 6/81 4/81 4/81 12 /82 Amount Paid $15,000 ($2 per sq. ft.) $14,500 ($1.93 per sq. ft.) $27,000 ($5.55 per sq. ft.) $60,000 ($2.80 per sq. ft.) $52,500 ($2.80 per sq. ft.) Verdict $150,000 $187,500 $135,000 $135,000 $135,000 $50,000 ($3.33 per sq. ft.) $112,500 Increased 1,000% 1,293% 500% 225% 257% 225% .1 4 Honorable Mayor and Members of the City Commission Page 5 It should be noted that the City as directly Overtown/ParkdPWeste Pr ject ition area for 4.4 blocks in the Southeast during the last year and has been able to the designatede the acqui putionrchase na areaof all but 4 of the 29 parcels has The City initiated and fully to Attachment controlled acquisition F1 on da olawm al 1 come in under budget. (no condemnation under the auspisetates Fl thata Sthe utCountyar ehahnadnld andlde edthe Dade County which necesThe condemnation of property f r community oo u ontyof redevelopment deVelo mentparcel s efor the City has initiated the co on May 9th. Arena, and the County took possession of the property One of the acquisitions will be funded fully by the Mi Miami Sports & Exhibition Authority (57-B) and it will be requested that the Authority cover all additional cattthehat may request bof i the amioSportse& 44-E. Quick take was initiated Exhibition Authority in order b to thet the Miami Sports development Authority. schedule for the Arena provided to the y Y In order to cover the jury award, it is recommended that the following sources of funds l setted aside until nt the thenr in appealhprocess event of an appeal that these funds be is completed: f 1976 G.O. Housing ................31,200,000 1. Remaining balance o Bonds allocated for land acquisition in S.E. Overtown/Park West. Reuse of parcels for which funds will be assigned will be restricted to rental housing under the provisions of the City Program. of Miami Affordable Rental Housing 2. Miami Sports & Exhibition Block Authority ........ $1,000,000 acquisition assistance provided ($874,000 already remitted). 3. Balance of Section 108Lo .....................$2,200,000 a funds not encumbered, application being amended tentative approval obtained by HUD Regional Office. 4. Approved CDBG funds (7th Year) .West.land.acquisition. $200,000 allocated for S.E. 0vertown/Park S. Unencumbered 1976 G.O. Housing Bond red Si Funds ..gram.(.... $912,500 originally allocated balance of approximately $3.5 million remains). TOTAL $5,712,500 86-390. - Honorable Mayor and Members of the City Commission Page 6 All but $912,500 in funding punding sources already allocated to the S.E. Overtownlark West Project. This proposed funding package illallow ill si oi forntly Phase Ipact the S.E. Redevelopment Overtown/Park West Project but w to move forth. These impacts will include: The the postponement ci 1 it a fromuthetion of Park West Camillus i s essential to removal of this fa Y was upgrade the image of the area dateAn d then City mhas not purchase received a property in June of 185 written response. s on the postponement of the �omuletedothefremainingtwo aacqnt uisitilon of Block 25. (The City has p the block 25; development of this site is not scheduled for at least 3 years)• the postponement of the acquisition i tthe east thehistoric det of cN�.Wri 2nd Theatre and adjacent properties 9 d 9th Streets (Block 36). These parcels are between N•W• 8th and purchased by the City and are all adjacent to property p vacant. Over 50% of the site was cleared after the 1980 civil disturbances. the elimination if the potential uti utilization zati ong of reprogramming fof the inancing Housing Bonds proposal forApplication for for Phase I developers. Werecludeare submitting theneeaA dfoDrsubordinate local the June round which may p financing. 1 interest costs for will necessitate the City to cover the a"" -- the HUD Section 108 loan for fromstimathe t1 oan ed 393di re� tlyer potenti al 1987 and 1988. Original funding was funding sources will be from the Tax Increment Trust Fund or from 13th and 14th Year CDBG funds. Interim financing for the paymenttof hroughi theward pr a temporarily funded from Community Development m. It is recommended that the attached Resolution and Emergency Ordinance be approved. CHO/MDS/es Attachments 86-39 V i Z —390 .,W BLOCK 24 j Southeast Overtown/Park West Redevelopment Project Acquisition Cost Settlement Price � j,� Damlition Fit. ��oell�neo`� �m'' �� 9bta1 �� � Ebroal C�'s tie Sq. Fbg• Lod �3 Fixtre tb,. �•� SL,O00 2,S1t3 $•718,a68 22,500 $360,000 :VE5,O0O $33,750 �'� 24-Alex fh�i 115 *141,615 0 0 �� �'� 13,0Oo 0 2� B SAS � 7,50O 1?A,O00 . 460,000600 ,� �,� .�,� 1,55/,754 19,3g7 5,000 �,� 6,� $1,624,520 24,C J. P C0 � 100O `�60'� J. Vella 3,000 � �,� 29-0 ice, � �' M `�•� 2J,O0O 1.400 27, 500 528,9� 30,000 7,482 $577,722 24-F: tic A 3O,150 4B219OO 0 0 26,620 509,02O �,Opp 18,490 38,350 773,840 20,O0O 25,000 �' � � �, M �F' A � �,� 98D,00O R IlgdY �� 2 2DO $16,660 $4,454.311 4 14 i I ICI ill l it II � __ Southeast Overtown/Park West Redevelopment Project Acquisition Cost ISettldment Price Ibnxl prom's Poe .Ft. land Bldg Fixt� B3= 'mt31 ice. 37- A AM lbdvuarria 3, 750 $52, 000 MAD �5M , 6,500 �87,020 37-B Miagi C3E1 17,750 2B1,000 %,000 13,9331 21,500 415,493 37-C Ft A Bann 26,250 420,000 99,720 29,321 28,486 577, 527 37-D Icuis lavers 15,000 240,E 145,000 4,6W 21,750 411'430 37-E gpm2dk 9 94,154 1,510,000 655,200 87,979 162,721 2,415,900 37-F 37-G Sxm NmisUry 37-H Hmur3 Haffim 7,500 IM1000 5,000 28,900 8,750 1Fi2,650 37 I RWim 13,900 220,000 130,000 8,31B 2J,000 378,318 W1RL 177,904 $2,M,000 $1,158,9M $173,711 $269,707 $4,448,338 BLOCK 37 d pmplitial 1»- Pb at�l la 19d1R `1�t11 l�lnastun fit• cmtiLn � 2,700 2,500 3,652 96,E 0 0 101000 4,143 439,636 10,000 25,000 L3,677 651,925 10,000 15,220 20,E 15 456,665 66 2,545,965 �,000 0 17'� 66 17,065 0 25,000 65 25,000 194, M 0 23,344 7,000 1, L39 91000 2D,000 11.5 417,433 10,000 $B5,9B5 $ ,500 $22,936 $4,858,759 $155,000 I �I I�Ii��II�VI Settlement Price Southeast Overtown/Park West Redevelopment Project Acquisition Chart IMF parcel Q t�r's Nwe 94. Fbg. Ia7d Bldg F]xt= coos ......- -- Db. 44.E Diaz K Elisa 6,750 $135,000 $1,750 V,218 W,250 $153,218 $184,000 44-8 Rom/ F.,I a G3]]a 6,750 1M,000 1,000 0 8,550 $lB, 550 0 Diaz 22,500 3ED,000 15,000 21,215 23,500 $416,715 10,000 44-C vicbx 22,50D 360,030 20,000 29,065 3D,500 $619,565 44.D Rpria11iote1 44-E Art CMft 37,800 59,OOD 1,0D,000 0 0 85,000 I$1,105,000 J45 ,� ode 7,000 127,500 9D,0�p 3c7,Or76 13,375 267,%1162,3DD 44•G rhamd 1�e Missirn $2,122,500 $3D7,750 $94,5, $167,175 $2,691,999 li. $14,812 $6,000 $3,563 0 0 0 1,00D 21,000 65 0 40,000 2,862 0 45,000 65 0 2,000 65 0 12,00D 65 $15,812 $126,00D $6,685 BLOCK 44 $361,593 $129, 550 $448, 78D W,427 $12o•065 $1,107,065 $600,966 $3,575,446 it JIIIhJil 4� SUMHARY SHEET Southeast Overtown/Park West Redevelopment Project Acquistion Cost Total MaBtim &Pa-d8d Fw=tim EM. Da"itim E6t. Fixwre Bxw ELM( Fbg. BId3 N06 44 162,300 $Z 122,500 $117,750 ,$94,574 $167,175 $2,691,999 $15,812 $M,960 $126,000 �,Effi $3,575,446 25 97,150 $304,8M $274,700 $B,940 �52,150 $W,590 �21,836 $334,550 $35,500 $M,258 $1,110,734 37 177,904 $2,896IO00 $111581923 $173,711 $269,7(17 $4,448,338 $L95,000 *L95, 000 !P7,500 $21,552 $4,190,063 22D $93,EU7 $35,000 $152,200 :A6,EOD $4,454,311 18D,30D $ZRQ,40D �%2,000 �841 Mr— $239,825 $239,825 FM $401,2W P62,9M $13,5M, 379