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HomeMy WebLinkAboutR-86-0251a A' r /1 J-86-300 4/8/86 RESOLUTION No. 8G- =51. A RESOLUTION RESCINDING RESOLUTION NO. 86-72 ADOPTED JANUARY 23, 1986 WHICH HAD AUTHORIZED THE CITY MANAGER TO INITIATE THE ACQUISITION OF 6 PARCELS IN BLOCKS 44 AND 57 OF THE SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT AREA; FURTHER, BASED UPON A REVISED REQUEST BY THE MIAMI SPORTS AND EXHIBITION AUTHORITY, AUTHORIZING THE CITY MANAGER TO INITIATE THE ACQUISITION OF FEE SIMPLE TITLE TO THE FOLLOWING PROPERTY IN DADE COUNTY, FLORIDA: PARCEL 57-B OF BLOCK 57 AND PARCEL 44-FEC OF BLOCK 44; FURTHER REQUESTING THAT DADE COUNTY INITIATE CONDEMNATION PROCEEDINGS IN THE NAME OF THE CITY FOR THE FEE SIMPLE TITLE TO THOSE PROPERTIES THAT CANNOT BE ACQUIRED BY PURCHASE. WHEREAS, The Community Redevelopment Act of 1969, as amended, requires in Chapter 163,360, F.S., that a community redevelopment area shall not be planned or initiated unless the governing body has, by resolution, determined such area to be a slum area, or a blighted area, or a combination thereof, and designated such area as ap propriate ppropriate for a community redevelopment s project; and WHEREAS, by Resolution No. 1179-69, the Board of County Commissioners determined that the Central Miami Urban Renewal Area bounded by Northwest Twenty -Ninth Street on the North, by Expressway I-95 and on the South by the Miami River was a slum and blighted area; and WHEREAS, that portion of the City, known as Overtown, bounded on the South by Northwest Sixth Street, on the West by n� Northwest Third Avenue, on the East by Northwest First Court and on the North by Northwest Eight Street was included within the j Central Miami Urban Renewal Area; and - WHEREAS, by Resolution No. 39-81, the Board of County Commissioners approved an amendment to expand the Central Miami Urban Renewal Area to include the Park West area bounded on the West and South by the FEC. tracks, on the East by Biscayne CITY COM1114ISSION MEETING OF APR 110 ON UffmiffloN No, Boulevard and on the North by 1-398, as a slum and blighted area; and WHEREAS, by Resolution No. 1677-82, the Board of County Commissioners deleted the area within the boundaries set forth in the herein two immediately preceding clauses known as Southeast Overtown/Park West from the Central Miami Urban Renewal Plan in order that said area be established as a separate community redevelopment area for tax increment financing purposes and approved the Southeast Overtown/Park West Community Redevelopment Plan; and WHEREAS, the City Commission, by Resolution No. 83-972, approved the Phase I Overtown Transit Station Impact Area Redevelopment Proposal wherein the designated slum and/or blighted areas of Overtown and Park West encompassed the 1 redevelopment area; and WHEREAS, the rehabilitation, conservation or redevelopment or a combination thereof of such area or areas is necessary in the interest of the public health, safety, morals, or welfare of the resident of the municipality; and WHEREAS, the City Commission adopted Ordinance No. 9662 on July 28, 1983 which established the Miami Sports and Exhibition Authority pursuant to chapter 212.057 of the Florida Statutes; and WHEREAS, the City Commission, by Resolution No. 85-616, A - ratified the selection of Decoma Venture as the developer for the arena/coliseum/convention center and approved its business plan; and = WHEREAS, the City Commission, by Resolution No. 85-639, selected Decoma Venture as the developer of block 44 for an arena/ooliseum convention center or maximum components thereof; and WHEREAS, Deooma Venture anticipates a start up date by mid 'ss t 1986, thus requiring public delivery of the land at the earliest f. 3 possible date; and .a_ At WHEREAS, by adoption of Resolution No. 88-72, on January 23, 1986, the City Commission authorized the City Manager to initiate the acquisition of 6 parcels in Blocks 44 and 57 of the Southeast Overtown/Park West Redevelopment Project area at the request of the Miami Sports and Exhibition Authority for the purpose of the sports arena project which is deemed to be a project meeting a valid public and municipal purpose; and WHEREAS, the Miami Sports and Exhibition Authority has amended its said request due to a re -configured site plan which the Authority approved by its resolution on February 21, 1986 and subsequently requested that the City purchase only the following property in Dade County, Florida: Parcel 57-B of Block 57, Folio No. 01-016-70-1020, and Parcel 44-FEC of Block 44, Folio No. 10-01044-01-11, as a result of the modified site plan, and the City Commission oonours with the modification; and WHEREAS, the City Commission, by Resolution No. 85-396, established a policy to provide a bonus over the appraised value to property owners who sell their property to the City through a negotiated settlement in lieu of condemnation; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA; Section 1. The City Commission hereby finds, determines and declares that the matters set forth in the preamble to this resolution are true and correct and they are hereby adopted and incorporated by reference as if fully set forth in this section. Section 2. Resolution No. 86-72, adopted January 23, 1988, is hereby rescinded in its entirety. The City Commission hereby finds that the slum and blighted conditions within the redevelopment area have not changed since the Southeast Overtown/Park West area was established as a community redevelopment area, known as the Southeast Overtown/Park West Community Redevelopment Area. Section 3. The City Commission hereby declares the acquisition of the fee simple title to the following property in Dade County, Florida: Parcel 57-B of Block 57 and Parcel 44-FEC -3- ..... ... , of Blook 44 in the Southeast Overtown/Park West Community Redevelopment Area for oonstruotion of an arena to be for publio purposes inoluding the publio welfare and interest of the munioipality and the people of the City of Miami, Florida and hereby authorizes the City Manager to acquire said properties by purchase. Seotion 4. Dade County is hereby requested to initiate condemnation prooeedings in the name of the City, who is aoting at the request of the Miami Sports and Exhibition Authority, for the acquisition of the fee simple title to the said property listed in Seotion 3 hereof, if said acquisition cannot be aoquired by purchase. PASSED AND ADOPTED this loth day of APRTL 1988. ATT TY HIRAI CITY CLERK PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED TO R LU A A. DOUGH TY CITY ATTORNEY RFC/rr/143 AND CORRECTNESS: :tAVIER L. SUAFW, MAYOR -4- 0 r I Li U U ��J, 17 Rc,f„•, I i C,, .. t April 16, 1986 `I -VI �I pl., T I... �_ Mr. Richard P. Brinker, Clerk 240 Dade County Courthouse 73 West Flagler Street Miami, Florida 33130 RE: CONDEMNATION OF PROPERTY IN OVERTOWN Dear Mr. Brinker: Enclosed herein please find a copy of Resolution No. 86-251, passed and adopted by the.City of Miami Commission at its meeting held on April 10, 1.986, which is self-explanatory. Please distribute one copy of said resolution to the members of the County Commission. Thank you for your continued cooperation. If you have any questions, please do not hesitate to call. Very truly yours, g! Ma ty Hirai City Clerk MH:sl ENC: a/s I� OFFICE Of THE CITY CLERK / City Hall / 3500 Pan American Drive / P.O.EIox 330708 'Miami, Florida 33233.0-06 f 3U. • 5'ti-6,;o. .... _ ........... . �j i CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and DATE: APR 3 190 FILE: Members of the City Commission sueJEcT: REQUEST TO RESCIND R-86-72 REGARDING PHASE I ACQUISITION FROM: Cesar H. Odio0 REFERENCES: S.E. Overtown/Park West City Manager Redevelopment Project ENCLOSURES: (3 ) It is recommended that the City Commission rescind Resolution 86-72 which authorized e ulty Manager to initiate a acquisition o parcels n oc s 44 ana 57 of the Soutneast Overtown/Park West Redevelopment Project Area based upon a revised request by the 141 ami Sports an EXhIbItIon Authority and approve the attached reso u on authorizing the City Manager to n a e e acquisition or Parcel- of 5110C 51 and Parcel- Of oc an o request a a e County InTtiate condemnation proceedings in tine name of,the Ciry for those Properties that cannuto uE au4w1 f Cu uy pug %ogluac• un ng or a acquisition is the Miami Sports & Exhibition Authority's 1/3 interest in the Convention Development Tax pursuant to Florida Statute 212.057. On October 25, 1983, the City Commission approved Phase I Overtown Transit Station Impact Area Redevelopment Proposal (Resolution 83- 972) which delineated a nine Block Phase I Redevelopment Area. The City Commission voted to expand the Phase I redevelopment area to include an additional block (Block 57, Resolution 85-1247) for the purposes of facilitating the construction of a 16,000 seat multi -use arena within the Phase I project area. On January 16, 1986, the City Commission approved a resolution authorizing the City Manager to initiate the acquisition of 6 parcels in Blocks 44 and 57 of the Southeast Overtown/Park West Redevelopment Project area (Resolution 86-72) (Attachment I) for the arena project. Page #2 On February 21, 1986, the Miami Sports & Exhibition Authority sent a letter to the City of Miami (Attachment II) informing the City that the Authority had approved, by resolution, a re -configured site plan for the sports arena project which modified the boundaries of the sports arena project. Only two parcels would be required for acquisition under the revised site plan which include Parcel 57-8 in Block 57 and Parcel 44-FEC in Block 44 (as opposed to the 6 parcels originally required). Funding for the acquisition of the two parcels will be from the Miami Sports & Exhibition Authority's one-third interest in the 3% Convention Development Tax levied on hotels, motels, or rooming houses in Dade County pursuant to Florida Statute 21.057. The Miami Sports & Exhibition Authority, as created by City of Miami Ordinance 9662, is the "independent and autonomous instrumentality of the City of Miami" authorized to receive and manage the revenues generated through the Tax. The City has completed Phase I developer selection which included the selection of Decoma Venture for the construction of a 16,000 - seat multi purpose arena within the Project area and adjacent to the Overtown Transit Station of Metrorail. Amendments to the Southeast Overtown/Park West Redevelopment Plan (September 1982) and to Zoning Ordinance 9500, the official zoning ordinance of the City of Miami, have been adopted in order to facilitate the construction of the arena. The Miami Sports & Exhibition Authority has requested that the City initiate the acquisition process for the parcels. The arena would serve a genuine, public interest and would signal a substantial investment (a total project cost of approximately $50 million) in an area where disinvestment and blighted conditions currently exist. It is extremely important that the two (2) parcels be acquired in a timely manner for the following reasons: 1. All of the Phase I development proposals anticipate a start-up date between 1986 and 1988, thus requiring public delivery of the land to developers in-1987. The idea of an NBA expansion team is currently being courted for the 1987 NBA season for the arena which necessitates a timely construction schedule. 2. Excessive delay in the implementation of redevelopment projects in many cases have resulted in the demise of the projects (e.g., South Shore Redevelopment of Miami Beach). 86-251-, Page #3 3. It is essential that a critical mass of redevelopment activity be established during the early stages of the project which necessitates multiple parcel development, including the coliseum. 4. Developers need assurances that the entire Phase I portion of the Redevelopment Area will be cleared and redeveloped in order to make the area marketable. The existing slum and blighted conditions in the area preclude private investment. The City will initiate the acquisition process on behalf of the Miami Sports b Exhibition Authority immediately upon approval of the attached resolution by the City Commission. If a negotiated settlement cannot be reached within a 30-day period, condemnation proceedings will be initiated. Dade County will be responsible for the condemnation proceedings pursuant to Florida Statute 163 and the Interlocal Cooperation Agreement for this project. In December 1982, this area was designated as a Community Redevelopment Area, thus enabling a public body to take property for a public purpose. The City and County will make a diligent effort to negotiate property acquisition in order to avoid expensive condemnation costs, which average 25-35% over the appraised value according to the experiences of Dade County. The City has established procedures for business relocation (Resolution 83-317) and a relocation officer will be assigned by Dade County to work with the Southeast Overtown/Park West Project Office. Because the parcels are vacant or housing abandoned structures, displacement will be minimal. The Southeast Overtown/Park West Project Office will coordinate the acquisition and relocation process with the assistance of the Property and Lease Management Division of the General Services Administration Department and the Law Department. The attached Table (Attachment III) summarizes total acquisition cost estimates. The appraisals have been reviewed by Dade County's review appraiser, S.Z. Bennett. It is recommended that the higher appraisal be accepted and it is further recommended that the City initiate the immediate acquisition of Parcel 57-8 in Block 57 and the remaining parcel of Block 44 (Parcel 44-FEC). All negotiated purchases must have Commission approval prior to final settlement, which allows the Commission to continually monitor the expenditure of funds for land acquisition. It is also recommended that the City continue its policy established for land acquisition in the Southeast Overtown/Park West Project area by providing a bonus for negotiated settlement (Resolution 85-396). Attachments 86-251.1 ` • '.n' ATTACHMENT + I�Lof�li�A CITY olt MIAMI, VINTER-OFFICE :bIEMOfRA��IDUM r Honorable Mayor andeats: January IS., 1986 FILE: _ .• J To, Members of the Commission � ------"� sus�seT: Phase I Acquisition City Commission Agenda - January 16, 1986 FROM: Cesar H. Od i 0 REFEAEIVtES: City Manager aNCLosuRs�:� i Is It is recommended that the City Commission } - w approve the attached resolution authorizing .i the City Manager to initiate the acquisition a of 6 parcels in Bloc s 44 and 57 of. the �} Sout east Overtown Par West Redevelopment �i Project Area based.on the appraisals prepare y Marc puinlivan, M.A.I., and Edward M. " Waronker, Property Consultants, Inc., and to � request that Dade County initiate condemnation proceedings in t e name of the - City for those properties that cannot e j purc ase throug ne otiation. Funding for . the acquisition is from the Miami Sports & t the Exhibition Authority s 1/3 interes in Convention 'Development Tax pursuant to Florida Statute 212.057. On October 25, 1983, the City Commission approved Phase I Overtown Transit Station Impact Area Redevelopment Proposal (Resolution- 83-972) which delineated a nine block Phase, I Redevelopment Area. The City .Commission voted to expand the Phase I redevelopment area to include an additional block (Block 57, Resolution 85-1247) for the purpcies of facilitating the construction of a 16,000 seat multi -use :oliseum within the Phase I project area. Displacement due to the acquisition will be minimal as 90% of the land is vacant or housing abandoned buildings. Only one building (3,000 sq. ft.) is currently occupied with a total of three businesses requiring relocation. Funding of the acquisition of these six (6) parcels will be from the Miami Sports and Exhibition Authority's one-third interest in the 3% Convention Development Tax levied on hotels, motels, or rooming houses in Dade County pursuant to Florida Statutes 21.057. The Miami Sports & Exhibition Authority, as created by City of Miami Ordinance 9662, is the "independent and autonomous instrumentality of the City of Miami" authorized to receive and manage the revenues generated through the Convention Development Tax. �t x a honorable tlayor City Commission --2_ January 15, 1986 The City has completed Phase I developer selection which included the selection of Decoma Venture for the construction of a 16,000 seat multi purpose coliseum within the Project area and adjacent to the Overtown Transit Station of Metrorail. Amendments to the Southeast Overtown/Park West Redevelopment Plan (September 1982) and to Zoning Ordinance 9500, the official zoning ordinance of the City of Miami, have been adopted in order to facilitate the construction of the coliseum. The Miami Sports & Exhibition Authority has requested that the City initiate the acquisition process for the parcels. The coliseum would serve a genuine public interest and would signal a substantial investment (a total project cost of approximately $50 million) in an area where disinvestment and blighted conditions currently exist. It is extremely important that the six (6) parcels be acquired in a timely manner for the following reasons: 1. All of the Phase I development proposals anticipate a start-up date between 1986 and 1988, thus requiring public delivery of the land to developers in 1987. The idea of an NBA expansion team is currently being courted for the 1987 NBA season for the coliseum which necessitates a timely construction schedule. 2. Excessive , delay in the implementation of the redevelopment project in many cases has resulted in the demise of the project (e.g., South Shore Redevelopment of Miami Beach). 3. It is essential that a critical mass of redevelopment 'activities be established during the early stages of the project which necessitates multiple parcel development, including the coliseum. 4. Developers need assurances that the entire Phase I portion of the Redevelopment Area will be cleared and redeveloped in order to make the area marketable. The existing slum and blighted conditions in the area preclude private investment. The City' will initiate the acquisition process on behalf of the Miami Sports & Exhibition Authority immediately upon approval of the attached resolution by the City Commission. If a negotiated settlement cannot be reached within a 30-day period, condemnation proceedings will be initiated. Dade County will be responsible for the condemnation proceedings pursuant to Florida Statute 163 and the Interlocal Cooperation Agreement for this project. In December 1982, this area was designated as a Community Redevelopment Area, thus enabling a public body to take property for a public purpose. i konorable mayor ' -2- January 15, 1986 City Commission The City has completed Phase I developer selection which included the selection of Dedoma Venture for the construction of a 16,000 Seat multi purpose coliseum within the Project area and adjacent to the Overtown Transit Station of Metrorail. Amendments to the Southeast Overtown/Park West Redevelopment Plan (September 1982) and to Zoning ordinance 9500, the official zoning ordinance of the City of Miami, have been adopted in order to facilitate the construction of the coliseum. The Miami Sports & Exhibition Authority has requested that the City initiate the acquisition process for the parcels. The coliseum would serve a genuine public interest and would signal a substantial investment (a total project cost of approximately $50 million) in an area where disinvestment and blighted conditions currently exist. It is extremely important that the six (6) parcels be acquired in a timely manner for the following reasons: 1. All of the Phase I development proposals anticipate a start-up date between 1986 and 1988, thus requiring public delivery of the land to developers in 1987. The idea of an NBA expansion team is currently being courted for the 1987 NBA season for the coliseum which necessitates a timely construction schedule. 2. Excessive • delay in the implementation of the redevelopment project in many cases has resulted in the demise of the project (e.g., South Shore Redevelopment of Miami Beach). 3. It is essential that a critical mass of redevelopment activities be established during the early stages of the project which necessitates multiple parcel development, including the coliseum. 4. Developers need assurances that the entire Phase I portion of the Redevelopment Area will be cleared and redeveloped in order to make the area marketable. The existing slum and blighted conditions in the area preclude private investment. The City* will initiate the acquisition process on behalf of the Miami Sports & Exhibition Authority immediately upon approval of the attached resolution by the City Commission. If a negotiated settlement cannot be reached within a 30-day period, condemnation proceedings will be initiated. Dade County will be responsible for the condemnation proceedings pursuant to Florida Statute 163 and the Interlocal Cooperation Agreement for this project. In December 1982, this area was designated as a Community Redevelopment Area, thus enabling a public body to take property for a public purpose. 86--251,.:. i Honorable Mayor -3- January 15, 1986 - City Commission The City and County will make a diligent effort to negotiate property acquisition in order to avoid expensive condemnation costs, which average•25-35% over the appraised value according to the experiences of Dade County. The City has established procedures for business relocation (Resolution 83-317) and a , relocation officer will be assigned by Dade County to work with the Southeast Overtown/Park West Project Office. Because most of the parcels are .vacant or housing abandoned structures, displacement will be minimal. i The Southeast Overtown/Park West Project Office will coordinate the acquisition and relocation process with the assistance of the Property and Lease Management Division of the General Services Administration Department and the Law Department. The attached Table summarizes total acquisition cost estimates. The appraisals have been reviewed by Dade County's review appraiser, S.Z. Bennett. It is recommended that the higher appraisal 'be accepted noting that fixture appraisals, when completed, will increase the acquisition costs on parcel 57-A. It is recommended that the City initiate the immediate acquisition of Block 57 (parcels 57-A, 57-B, 57-C, 57-D, 57-E) and the remaining parcel of Block 44. All negotiated purchases must have Commission approval prior to final settlement, which allow the Commission to continually monitor the expenditure Qf funds for land acquisition. It is also recommended that the City continue its policy established for land acquisition in the Southeast Overtown/Park West Project area by providing a bonus f or;negotiated settlement (Resolution 85-396). lr� - a TABLE I [Tat Y jalEH4ms !'M MI' WSA[B aly (F m*u - Iirm I !Ixmtmr Qklmwma ww 1!I}MImim IiUU2 lNi4: ww-P1zP. QN3t9f as 1a5Ah7 i`tidr R]NE spy( [ lf1Ei0'�VWE-41QLlVN LrtO llAiD�i 2XN6 L� O BALWG 91mt. HAM !U RW HI tim Ui� es um. I" H LLDOG 57-A Q-oto5-7t IMO LWIUt [ tAW i V6t U? $166.127 $4.@5 7,W7 $I�O.CUD smom Sm.® SI43.00D $12ZOW WAW N. i1 m :,SW 57-0 (14M-70-IM SLN P1 HMW 3W $W.COD §M2EA 99.® 27.355 MOM MOOD $MOaODD' SU010m' (57-0) IM.715 m SI.MD.O .9BD.om 466. $GC $L• � `6' 57-C al-m0m O14)1O6-70-IM Ri EAUHYD CD. 01-(US--70-IMD • (5K) 57-D a4905-70-]Om @HOM GZKM $M,- 50 $W.170 $M,92) 95.178 26,450 0 'max) $W•CDD --- $42rha)D (57-0) cF Ica. » 57-E m4ics-70-IM (( RE 11. IEHM $M.COD $MOOD V.315 HAD WAO $D.00D 566.COD 52E6.00D (57-E) 15.19D $MZ4'J0 b�.4m M400 _. �'� 44-F:E.C. 01-�044�1 ]l P!i RIIIIQID m. ---_ (44-f .LC. ) �1[.®l' 51.�.� 5�.741 $1.278.3Q1 $f1:138 196.1B1 $3.?27.4m $12O.m0 $3,347.400 $Z9W,'W 5122.QJ0 $3.U15.4a 0 TABLE I CCIY LF FIIlm - N m., I amni r omuuWom In Nr 1mmmi—mrPiL1= O R13, Nrl RUO I1I-IM I G*WS NM I 19E35 ��- � IJtbl) IiJJI DRG roam Im $ nc. M RW VOJE - CORUVN EM I" LIMDDG IUU%L M11iG..1' v E - Plcp. axil as L*D DRUM; '10M 57-A (A-MO5-70-IMO L %iM HOW S. 497, 5M $a627 $166,127 $4,825 7,507 $150,CW $120,030 $2' ,ODD $143,000 $1220000 W.000' (57-A) W. tHR4 5I-i7 M-MM- l -l= Mi MUMS $M.XJ $M CM $33B,ZO $9,wo 27,.%S M.= Woo= . (57-B) 57-C m-MO--70-1030 104,725 $1, 500AM $1,466,000 $1,466,CM 01-MC5-70-10 D Fli HULRCAD (D. 01-0106-77D-1050 (55C) . 1 `M,000 57—D m-0l�-i0—IM 8410M $399,750 $Me170 619M $15,178 26,450 W,000 $",000 $A26,000 (57-D) cFM wql nw. ' 57-E (1-0105-70-IOM GIRE A. IBM ,M,000 M000 $7,315 14,000 W,0D0 W.000 $Z6,000 $266,000 (57-E) . 444:.E.C. 01-01044-01-11 EEC RULRPD a0. 15,150 $M2,400 $342,400 $M2.400 $242.400 (44-F.E.C.) Ali, U33T 1$1,077,510 W,797 $1,278,3U7 $37,138 195,107 $3,227.400 $120,000 $3,347,40D $2,953,400 $122,000 $3,075,400 rl) January 13, 1986 Mr. Matthew Schwartz Director Overtown/Park West Project 100 North Biscayne Boulevard - Suite 901. Miami, Florida Z41" Dear Matt: The land acquisition costs for Block 57 are being covered through the Pre - Development Agreement arrangement established August 20, 1985 between the Decoma Venture and the Miami Sports and Exhibition Authority. The agreement allows the expenditure of funds for land acquisition. The funds utilized in the agreement originate from the MSEA's one-third Interest in the 3% Convention Development Tax levied on hotels, motels -or rooming houses in Dade County, Florida pursuant to. Florida Statute 212.057. The Miami Sports and Exhibition Authority, as created by City of Miami Ordinance 9662, is the "independent and autonomous instrumentality of the City of Miami" authorized to receive and manage these funds, again as required by F.S. 212.057. Should you require further information please do not hesitate to call me. Sincerely, X04 Rick Harrow Executive Director RH /mj 300 Bi�;cavne ' �MIV, Suite 1120, Miami, Florida 33131(305) 381-8261 S. Z. 'BENNETT APPR'NAL COMPANY jI S. Z. 86NNETT 1 REAL ESTATE CONSULTANTS AND APPSA18EIRS MAMOtr 1 14 N. E. FIR&T AVENUE. SUITS 1407 AMeAIewN IN6"TVTt O► AtAS. e*rwTt A00MA161Cw6 1111AJit� FLORIDA 33132 AMtAICAN •OCIt" O► AtAL WITATt COVN0CL ME IlemtTT O► ttAL ttTATs Ar"wlitwt ; TELEPHONIC 18061 �71.1l�Y AMtwICAN AeC19rY O► A►►wAISkOt '. INgTRUTt O► ARM. ttTATt 14ANA6tw9Nt OOOIt" O► INOYtTMAL MICALTOAi /IiALT'Oq I January 14th 1 9 8 6 Mr. Matthew Schwartz i Director for Development City of Miami Southeast Overtown Park West Office P. O. Box 330708 Miami, Florida 33233-0708 RE: ARENA SITE - BLOCX 57 CITY OF MIAMI NORTH Dear Mr. Schwartz: Pursuant to your telephone request, I am submitting a -• recapitulation of the values reported by the two fee appraisers, as well as my recommended approved values for negotiations. I have inspected the subject properties, as well as the comparable sales submitted. I have met with the appraisers and have office reviewed their appraisal reports. It has been your request to have these figures made available as soon as possible. A detailed review report will be submitted within the next seven days. Appraiser Appraiser Parcel No. Owner Quinlivan Waronker Valuation Date Dec. 20, 1985 Dec. 6, 1985 57-A 57-B 57-C 57-D 57-E Block 44 Paniry Sun Properties, Inc. FEC Employers Overload Lehor FEC TOTAL $ 270,000 $ 480,000 $1,580,000 • $ 495,000 _• $ 280,000 $ 242,500 $3,347,500 $ •265, 000 $ 410,000 i $1,466,000 $ 426,000 F } 4 $ 266,000 $ 242,400 $3,075,400 t t j ii r1 r� Mr. Matthew Schwartz (Arena Site - Block 57) January 14, 1986 The undersigned consultant is approving Mr. Quinlivan's figures for negotiations. The difference between the two appraisers on the average is 9.218%. If there is any additional information you need, please call me. Very truly yours, S. Z BENNETAT APPRAISAL COMPANY -• SZB:ep .I., CRE. Pres. S.I. semi -OIdAANr—ACAT CSTATC CONSULTANTS ANO APPRA1SCAS ' CITY OF MIAMI, NORTH, PB 8i41 BLOCK 57N b PART OF BLOCK 44N, . CERTIFICATE OF VALUE Parcel No. 57-A Address: 666-670 North Miami Avenue ' We hereby certify: 1 That we have personally inspected the property herein appraised on the dates noted in this appraisal, and that we have afforded the property owner the opportunity to accompany us at the time of the inspection. We have also made a personal field inspection of the comparable sales relied upon in making said appraisal. The ! subject and the comparable sates relied upon in making said appraisal were as represented by the photographs contained in said appraisal. That to the best of our knowledge and belief the statements contained in the appraisal herein set forth are true, and the information upon which the opinions expressed herein are based is correct; subject to the limiting conditions herein set forth: That the purpose of this appraisal is to estimate the fair market value of the property. That neither our employment nor our compensation for making this appraisal and report is in any way contingent upon the values reported herein. That we have no direct or indirect present or contemplated future personal Interest in such property or in any way benefit from the acquisition of such property appraised. That we have not -revealed the findings and results of such appraisal to anyone other than the property officials of Dade County, Florida, and we will not do so until so authorized by County officials. or until we are required by due process of law, or until we are released from this obligation by having publicly testified as to such findings. That our opinion of the current market value of the property appraised as of December 6, 198S, is f265,000 based upon our independent appraisal and the tzar- cise of our professional judgement. That our opinion of market value may be allocated as follows: LAND AREA 7,507 square feet LAND $143,000 BUILDING AREA 3,810 square feet IMPROVEMENTS $122,000 TOTAL $265,000 That the property has been appraised for its fair market value as though owned in fee simple. " • . ' is The opinion of value expressed above is the result of and is subject of the data and conditions described in detail in this report. December 31, 198 .4— Edward M. Waronker, MAI, ASA, SREA Appraiser • — J h Rosen, Ass late Appraiser i t r _ y� 11 I s BLOCK 57N & PART OF BLOCK 44N, CITY OF MIAMI,_NORTH, PB B-41 CERTIFICATE OF VALUE Parcel No. 57-B Address: 38 Northwest 7th Street We hereby certify - he dates That apprahave isal, andythatpwethavehaffordedttheerein propertyraowner thean topportunitytto to accompany us at the time of the inspection. lie have also made a personal field inspection of the comparable sales relied upon in making said appraisal. The subject and the comparable sales relied upon in making said appraisal were as represented by the photographs contained in said appraisal. r That to the best of our knowledge and belief the statements contained in the appraisal herein set forth are true. and the information upon which the opinions expressed herein are based•is correct; subject to the limiting conditions herein set forth: That the purpose of this appraisal is to estimate the fair market value of the property. • That neither our employment nor our compensation for making this appraisal and report is in any way contingent upon the values reported herein. That, we have no direct or indirect present or contemplated future personal interest in such property or in any way benefit from the acquisition of such property appraised. That we have not revealed the findings and results of such appraisal to anyone other than the property officials of Oade,County, Florida, and we wilt not do so until so authorized by County officials,, or until we are required by due process of law,' or until we are released from this obligation by having publicly testified as to such findings. N That our opinion of the current market value of the property appraised as of December 6, 1985, is $410,000 based upon our independent appraisal and the exer- cise of our professional judgement. That our opinion of market value may be allocated as follows: LAND AREA 27,355 square feet LAND $410,000 BUILDING AREA 42,426 square feet IliPROVENENTS -- TOTAL $410,000 That the property has been appraised for its fair market.value as though owned in fee simple. The opinion of value expressed above is the result of and is subject of the data and conditions described in detail in•this report. December 31, 1985 dward M. waronker,MAI, ASA, SREA Appraiser Jr.<n RoMn, AsNciate Appraiser r sx I • y`,t i- 7 00, BLOCK 57N b PART OF BLOCK 44N, CITY OF MIAMI, NORTH, PB B-41 CERTIFICATE OF VALUE Parcel No. 57•C Address: East side of Northwest 1st Avenue, Northwest 6th Street to Northwest 7th Street. We hereby certify: That we have personally inspected the property herein appraised on the dates noted in this appraisal, and that we have afforded the property owner the opportunity to accompany us at the time of the inspection. We have also made a personal field inspection of the comparable sales relied upon in making said appraisal. The subject and the comparable sales relied upon in making said appraisal were as represented by the photographs contained in said appraisal. That to the best of our knowledge and belief the statements contained in the appraisal herein set forth are true, and the information upon which the opinions expressed herein are based is correct; subject to the limiting conditions herein set forth: That the purpose of this appraisal is to estimate the fair market value of the property. That neither our employment nor our compensation for making this appraisal and report is in any way contingent upon the values reported herein. That we have no direct or indirect present or contemplated future personal interest in such property or in any way benefit from the acquisition of such property appraised. That we have not revealed the findings and results of such appraisal to anyone other than the property officials of Dade County, Florida, and we will not do so until so authorized by County officials,. or until we are required by due process of law. or until we are released from this obligation by having publicly testified as to such findings. That our opinion of the current market value of the property ;appraised as of December 6. 1985. is $1,466,000 based upon our independent appraisal and the exer. cis* of- our professional judgement. i That our opinion of market value may be allocated as follows: LAND AREA 104,720 square feet LAND $1,466,000 IMPROVEMENTS •0- TOTAL $1,466,000 That the property has been appraised for its fair market value as though owned in fee simple. The opinion of value expressed above is the result of and is subject of the data and conditions described in detail in this report. December 31, 1985 Appraiser .' 1. Rosen, As • �,,,•;;�� .,$P ter',. •� c a�i' to Al t praiser� • 93 E 0 1-1 BLOCK 57N b PART OF BLOCK 44N, CITY OF MIAMI, NORTH, Pg B-41 CERTIFICATE OF VALUE Parcel No. 57-0 We hereby certify: Address: 25-75 Northwest 6th Street That we have personally inspected the property herein appraised on the dates noted in this appraisal. and that we have afforded the property owner the opportunity to accompany us at the time of the inspection. We have also made a personal field inspection of the comparable sales relied upon in making said appraisal. 'The Subject and the comparable sales relied upon in making said appraisal were as represented by the photographs contained in said appraisal. that to the best of our knowledge and belief the statements contained in the appraisal herein set forth are true. and the information upon which the opinions expressed herein are based is correct; subject to the limiting conditions herein set forth: That the purpose of this appraisal is to estimate the fair market value of the property. That neither our employment nor our compensation for making this appraisal and report is in any way contingent upon the values reported herein. That we have no direct or indirect present or contemplated future personal interest in such property or in any way benefit from the acquisition of such property appraised. That we have not revealed the findings and results of such appraisal to anyone other than the property officials of Dade County. Florida. and we will not do so until so authorized by County official;•, or until we are required by due process of law, or until we are released from this obligation by having publicly testified as to such findings. That our opinion of the current market value of the property appraised as of December 6. 1985. is 1426.000 based upon our independent appraisal and the exer- cise of our professional judgement. That our opinion of market value may be allocated as follows: LAND AREA 26.650 square feet LAND $426,000 BUILDING AREA 36.635 square feet IMPROVEMENTS S.O. TOTAL $426,000 That the property has been appraised for its fair market value as though owned in fee simple. The opinion of value expressed above is the result of and is subject of the data and conditions described in detail in this report. December 31, 1985 Edwar M. aronkar,n'__ ASA, SRE Appraiser We" 51... s BLOCK 57N b_PART OF BLOCK 44N,_CITY OF MIAMI, NORTH, PB 8-41 CERTIFICATE OF VALUE Parcel No. 57-E Address: NorthwAvenueeand Northwest 6thst Corner of rth Miami Street We hereby certify: That we have personally inspected the property herein appraised on the dates noted In this appraisal, and that we have afforded the property owner the opportunity to accompany us at the time of the inspection. We have also made a personal field inspection of the comparable sales celled upon in making said appraisal. the the phot graphsarable salts containededin paidiAppraisalsaid appraisal were as That to the best of our knowledge and belief the statements contained in the appraisal herein set forth arc true, and the information upon which the opinions expressed herein are based is correct; subject to the limiting conditions therein set forth. That the purpose of this appraisal is to estimate the fair market value of the propertys That reportnistin any way employment ontingent uponrtheevvaluesion for reportedahereinhi appraisal and That we have no direct or indirect present or contemplated future personal interest in such property or in any way benefit from the acquisition of such , property appraised. That we have not revealed the findings and results of such appraisal to anyone other than the property officials of Dade'County, Florida, and we will not do so until so authorized by County officials, or until we are required 11y1due process of law, or until we are released from this obligation by having pub y as to such findings. That our opinion of the current market value of the property appraised as Of December 6, 198S, is $266,000 based upon our independent appraisal and the exec- case of our professional judgement. •• That our opinion of market value may be allocated as follows: LAND AREA 14,000 square feet LAND $266,000 IMPROVEMENTS TOTAL $266,000 The property has been appraised for its fair market value as though owned in fee simple. The opinion of value expressed above is the result of and is subject of the data and conditions described in detail in this Feport. December 31, 1985 Edward M. waronker, MAI, A Appraiser n .-R*Ten, A soelate poser 137 0 9 BLOCK 57N b PART OF BLOCK 44Nt CITY OF MIAMII NORTH,PB B-41 CERTIFICATE OF VALUE F.E.C. Parcel Address: Northeast Corner of Northwest 1st Avenue and Northwest 7th Street We hereby certify: That we have personally inspected the property herein appraised on the dates noted in this appraisal, and that we have afforded the property owner the opportunity to accompany us at the time of the inspection. He hate also made a personal field inspection of the comparable sales relied upon in Making said appraisal. The subject and the comparable sales relied upon in making said appraisal were as represented by the photographs contained in said appraisal. That to thew best of our knowledge and belief the statements contained in the appraisal herein set forth are true, and the information upon which the opinions expressed herein are based is correct; subject to the limiting conditions therein set forth. That the purpose of this appraisal is to estimate the fair market value of the property. That neither our employment nor our compensation for making this appraisal and report is in any way contingent upon the values reported herein. That we have no direct or indirect present or contemplated future personal Interest in such property or to any way benefit from the acquisition of such property appraised. That we have' revealed the findings -and results of such appraisal to anyone other than the property officials of Dade County, Florida, and we will not do so until so authorized by County officials, 'or until we are required by due process of law, or until we are released from this obligation by having publicly testified as to such findings. That our opinion of the current market value of the property appraised as of December 6, 1985, is $242.400 based upon our independent appraisal and the exec- cisr of our professional judgement. That our opinion of market value may be allocated as follows! LAND AREA 15,150 square feet LAND $242,400 IMPROVENENTS -0- TOTAL $242,400 The property has been appraised for its fair market value as though owned in fee simple. The opinion of value expressed above is the result of and is subject of the data and conditions described in detail in this report. December 31, 1985 Edward M. Waronker, MAI, ASA, SREA Appraiser 0-400 L. Rosen, As c ate Appraiser appralal I do hereby term? that upon tequest let valuation br: City of Miami I have made an invest ystlen and analysis el the following described ptopertr Parcel NO- 57-A and that I am Of the opinion that en i December 209 1985 � the Fair Market Value d the land and isoPree•ments- If any thereon. was Two Hundred .Seventy Thousand Dollars. ($270,000) fiery VALtTE: star FORMAaovL 1s sulircr = THE FO"Owurc L1NQTlrtG CONDITIONS: FAT21 MA thecontained in this ap- THE seatements The undersigned appraiser carti8es that to the best of his lntrreft al aaud his al has been made in conformity limiting conditions set forth below. are cancer: also that � rs of the Nodional Asmdation of Real Appr praisaL subiect to the the Rules d professional Ethim We Aasedean irsstilut• a! Real Estate With Estate Boards. of which I cm a member. free o! bins and eacumbrasces• is responsible ownership. and under eem- This property has been appraised as 'bough patent maaagemsnL • • *I title tendered herewith. Good title is legal is nature. sot is MT opinion 1 No resPensu�i>ity 4 to assumed for matters responsibility assumed. lheritattvsr however. no dimensions =a taken from snuress� thought hod Both legal descriptions and �bss& Isar glum G Is assumed for either unless a SM-0. by a �� �� R �e right eI publication. nor taaT it be need lot any purpose does net cart! in event, Daily is its Possession of nay cep'y sf this repeal or the applicant GOA ®T i weittes reasont d the apprauer by nay but the applicant without the previous in Court• with r•fereaee to the property ;. entirety• give testimony wiser herein. t,y teases of this roped is not :squired to qi The appraiser made thereler- been G_ F angers have previously herein appraised. unless arsang rt appraised and the eomPeasa• or contemplated future felons! in the property Pp The undersigned appraiser has ae preson, ties lot making this appraisal is is sa moaner contingent typos the value roported. peetion. No liability based an visuliability is assumed or _ ! veneers described herais was The physical condition of the Irnpre teals were undo •• engineering the soundness of sWehud members since ae angle i Date: December 27, 1985 . Mark Quinlivan, MAI, SRPA 1102 pone* de Lees Boulevard Cord Gables Florida 33134 i TT t4 it CEAWIfIcate of 1 de beteby eettily that upen tequost let Valuation br. City of Miami I have :Wade en isrestigauon and analysis ei the following described Pteperty: Parcel No. 57-B and that I as e! the opwas that an December 20, 1985 the Fair Market value of the land and impreVemont'6 it any thereea. Vas d d Eighty Thousand Dollars. Four Hun re ($480,000) T1;E iAIR M7�AEit YALVE. SEf FORTH AfIOM is SIIBTECT To THE FOLLOWING I.IIuQT>ZiG C0NDMONs: contained in this ap- statements The undersigned appraiser certlSes that. to the best of his ttsewcL. al and beIIaL appraisal bas been roads is conformity praIsaL subieet to the limiting conditions sot forth below. are COrtoel: age that � �� anon of Real w{eh the Rules o*!1 which Ie®a embet�e Amed� �dtuto of Real Estate Appr assets of tbe• National Estate Boards. to ownershsp. and under COW Thss property has bees appraised as though free of Baas and eacnmbe®ees. is respti; patent manavotuL oa of title tendered hor*wilh. Good title is a No respe:sibMty is to be assumed for matters legal ib notate. not is nay apt assumes Both fegd descriptions and dim are faits! from soereer. � d � � antborilativ*s hewoTeG so tesponsibility e. is assumed for either unless a survey. by a Compel d groan with !t the rittht � p��ea' ass may � ho used for any purpose Possession of nay copy of this report does not carry w the applicantand. mmy. *went only is its by any but the applicant without the previous wsittea ceases! of else opt andrety. to a tostimeay is Cowl. with tolerance to the property The appraiser herein. by imints have bereport en Previously madedeis not *therafm hotels appraises unless On 9 to a teased asd•iho eompeasa- The undersigned appraiser has ae present or contemplated future interest la tbo p Pe�y pp . gas for malting this appraisal is fa as manner eoadageat upon Iho Solna favor" oa. No Gab�it! l; assumed for The physical condition membees sine ae engineering�b bet" / sb ;were made dos visual inspects . the soundness of struetwal Date: December 27, 1985 Quinlivan, MAI, SRPA 1102 peaeo do Loss boulevard Gerd Gabfoe. rledde 33134 C1, DI V"'Oicate l as hereby Certify that upon request ter valuation by: city of Miami I have made an iovettigtrtiea and analysis of the following described property: Parcel No. 57 -0 and that I am of the eP'nien that on December 20, 1985 the Felt Market Value of the land and improvemfnt& If any thereen. was One Million Five Hundred Eighty Thousand Dollars. i ($19580 9000) � Fit MAA1LvT VALVE SET Foam ABOVL IS SU'TECT To THZ G CONDITIONS: �the statements curtained in this ape �I'1'e and beuOWMG The undersigned appraise eedifies that, m the best of his knowledge :sal has bees made in esalerm{tT set forth below. are eat also that this the Natfoael Assodadeo of 1 *41 psaisaL subject to the limiting conditions *1 Va Preo� EthicsI a Am•rieaaa Institute et seal Fitste APP s with the Rules et . Estate Beards. of which• ownership. and undfr coc- is rospensibl This property has been appraised as though Iron of Yeas pad eae+rsbraaas. ; potent management benwf�• �'+� title L is !o be assumed for matters legal is nature. set is any opinion d titlai road i • No responsibility taken from sources thought to be •�utborltativs: however. tan responsibility assumed.Both legal descriptions and dimeasieas are is assumed for either ualfss a surveT& by a eompelesl engiwea is larsi4hed /o:se. It the sighs of publication. aer may U be used for aaT p�� fa its of this report does not cart! with Possession ei any copy c or the applicanl and. in ='Y evaL 001T written eoasont a! the appraiser by �y but the applicant without the previous satitety. sty Coin. with reference to the properly hersin. bT reason of this roped t not requited to give to 7 ! is The appraiser ements have boon previously made theref� heroin appraised. unless arsaag appraised and the eompossa- has no present or eentemplaifd suture iatfrest V the pssPerh PPt The undersigned appraiser!_ "a for making this apPrai"d is fa no manner contingent span the value repotted. etion. No Babdlty is assumed for 10W The ph condition of the Improvements described hernia• w�ss basod on visual tests wen made of ease. members since ae engineering The sousdnesL sl structural ' Date: December 271 1985 1 J . Mark Quiinlivan, MAI , SRPA 1102 Pence de Lees Boulevard Coral Gables. Pieria utu R � fF ,i mP� r, v 7 i • t t ppratora 1 at hereby aertily that upon request lot valuation br. City of Miami i have made an investigation and analysis Of the following described ptopertyt Parcel No. 57-D and that I am of the epiafen that on December 20, 1985 the Fait Masks, Value of the land cacl ie_p'0Tea+ents. if any thereon. was Four Hundred Ninety -Five Thousand Dollars. ($495,000) TIC FA1R biJ.FEE.T VALTJE. SEABOVE. IS FOSTH ABOVIS SUBJECT 70 THE FOLLOW'No LIHQ MG CONDITIONS: this ap- Taa undersigned appraiser eertill" that- to the best of his knowledge ae anal this appraisal bag Beau statements made eonlormity praisal. subject to the limiting conditions set forth below. are esrrselr also that this ap� the Rational Assodetioo of Red with the Rules of Professional Elicits of the Americas Institute el Red Estate Apptalsaw Estate Beards. of which I am a membOL le ownership. and under con - This property has been appraised as though Irse of lisas and encumbraaeas. is reapenaib patent management No responsibility Is to be assumed for matters legal in nature. nor is GMT opinion of title randered horewith. Good title is assumed. Both legal descriptions and dimensions are taken from sources thought to be authotitaiieas however. so responsibility is assumed for either unless a survey, by a Competent engineer. is furnished to M& nor may it be used IOC CUT purpose Possession of my copy of this report does not carry with it the right e! pub �nl' ®d. In may event. only is its by any but the applicant without the previous written consent of the appraise r W the applientirety. The appraiser herein. by season of this report 4 d to regdtegive testimony IsCourt. with reference to the property herein appraised. unless arrangements have boon previously made theroiot The undersigned appraiser bus no present or contemplated future Interest is the property appraised and the compeasa- Hen far making this appraisal is in no spanner contfageal Upon th} value reported. The physical condition of the improvements described herein was based an visual fnapectiea. No Taair'llty is assumed for the soundness of structural members since no engineering tests were modof same. /' + � )_A - Date: December 279 1985 . Mark (iAnlivan, MAl , SRPA 1102 Peace do Leos Boole was Coral Gables. Florida 231U �i ;tf .ate at I de UotobT etrtilT Chet upan tequest felt valuation by: City of Miami I have made as investigation and analysis 01010 following described ptepetlTt Parcel No. 57-E and that I am of the epinfaa that on December 20, 1985 the Fair Market Value a! the land Rnd _'^"'�'$ any thereon. was Two Hundred Eighty Thousand Dollars. ($280 r 000) G coxcmoxst 'fifE FAIIt MlIASET YAI.IIE SET FORTH JIBOV'1: IS SIIBTEGT TO THE FO1,l,OW'II�kG L1M1T� • ersi ed apP w. are correct: Rise that this appraisal has been made is cenlormit•: raiser certifies that, to the best of his knowledge and beGeb the s►atemeats contained n l ap- The ued qu of the Natlond Assodatton of Real praisal, subleCt to the limiting conditieas set forth hello wthe Rules of professional Ethics of the Americas institute eI 8od Estate �PPm ith Fstats Bear"of which 1 am a membea f liens sad sseamb raacea. fa resp�ible Ownership. and sunder cem- This property has be appraised as though free o Opinion ei $t1e rendered herewith. good title is potent manogemeat' to be assumed for matters legal in nature. net is any No respeau'bilily III ht !e be aulboritatiow however, so responsibility assumed.front . Seth legal descriptions and dimsnsieas taken engine�is iusaished t sn. is assumed for either unless a suffeT• by with U the rigid Of pu> & set may it be used for eaT Purpose` Possession of any PT Of this report does not carry sot the appist aQ►d. ®T evsal, odT in its by any but the applicant without the previous written consent a! the aP entirety ed to give toslimany Is Gust' with reference to the property The appraiser herein. by reason of this report is sot req lereis appraised. Riess arrangementshave been previously made fherofet. raised and the comPesi°' The undersigned appraiser has no present or contemplated upon future va lue se s�� i�oP!d7 appraised San for making this appraisal is in so manner can tiageat epos ovemonts described bar" wed es s3suad iesP No L'ability is assumed iet The physical condition of the imPrr@ made of ease. the soundness of structural members since so engineering test wore mad �YJ D �_Jj Date: December 27, 1985 01 Mark Quinlivan, MAI, snra 1102 ponce do Lem Soulovard Cord Gables, Fw&k 331U 1 t , f + qc, (if r y // It i c fte {},jar{ rat 1 de heraby Cattily that upon request lot valuation btr. City of Miami 1 have made ea inrestigatieo and analysis o[ the lellowinb described property: Parcel No. 44-H and that 1 a= of the opinion that as December 201 1985 the Fair Market Value at the land and imprevnments. if any thereon. was Two Hundred Forty -Two Tho&sand Five Hundred Dollars. ($242,500) THE FAM MAREET VALVE. SET FORM ABOVE: IS SUBMCT TO nM FOLLOWING 1.IIyl=G CONDMONS. The undersigned appraiser certifies that to the best . his knowledge al odd bhk thbag lines mad is come tT prcisaL subject to the j;mitiag dend;f3ens set firth below. are Canteen; also that this appraisalofthe Nation Association ei And e�tt6 the Mules •[ Professional Etlsie ad the American Institute at Real Estate Appraisers Estate Beards. of which I am a m*=bets 1• owa•rship. and under com- This Property has been appraisod as though tree of Bests end eacumbr®as. is respo� potent management any o�isi es of We reader•& herewith. Good lids Is No r•sponsibMjy is to be assumed ier matters 1*9a1 is nature. nor is assumed. Beth legal desetiptioos and dimensions a:• tak*a irons aeoree4 �inraished to a>.. oeiistsret heweve� so r•speusib+�iitY is assumed for either unless a survey. by a competent an gles• • der may !t b• acid fo: mty pttapose Possession of any copy of this report does not carry with it the right of ubl4be• cationapPlnor alai. in any eves!. ealy is Its by any but the applicant without the previous written consent el the appraise entirety. The appraiser herein. by reason a[ this report is not required to give Nslimosy 3a Cotut. with relerence to the property hernia appraised. unless arzaaq*mcuts have been previously made therefea ailed and the cempensa- The undersigned appraiser has no present or contemplated White iat•ces! 1a the property appraised - SO& ter making this appraisal is to as manner described! apes a value repented. anon. No GabMty is assumed for The pbysieal condition of the improvements described herein was based ea visual rasp• the "Undoes& of structural =*=bets since so •agiaeeriab tests were mad / ^ w Date: December 27, 1985 Mark Quinlivan, MAZ, SRPA nal Peace do Loss Boulevard Corsi Gables, nedda 331U Z t a,F s: TACHMENT 11 F E B Z 51�86 February 21, Mr. Matthew Schwarti ' Deputy Director Department of Development P.O. Box 330708 Miami, Florida.33233 On February 21, 1986, the Miami Sports and Exhibition Authority approved, by resolution, the reconfigured site plan for the sports arena project (see attached). The new boundaries are:. to the north, N..W. '8th Street; to the south, the north side of. the Florida East Coast Railroad right of way;. to the east, North Miami Avenue, and; to the west, N.W:: 1st Avenue. The above mentioned action by the Authority superced s the only previous requests regarding land acquisition of all of Block 57. The required for acquisition under the revised site plan in Block 57 is Parcel 57-B, folio No. 01-016-70-102U (57-B), -,owned-. by.' Sun Properties. In addition, the F.E.C. parcel on Block :44 will. have. to .be acquired; Parcel �44-F.E.C., folio No. 10-01044�-01-11;='"owned.;-by the F.,E.C. •Railroad Company.'..,..f We acknowledge your past expeditious effort regarding land acquisition' and look forward to working together with your office in completing this task. Please do not hesitate to contact me should.you require further information. Thank you. Sincerely, ; Karl A. Lairtus Director of Planning and Development Richard B. Horrow Robert Sechen Lawrence 0. Turner C. Dean Patrinely . .Paul Sipes 300 Biscayne Bnu Ai -iv, Suite 1120, Miami, Florida 33131(305) 381-8261 _._�._.----- --- .__T-- i AN 1 • I r1Qtlilttt;W—t1oYT� �M:- ' -Av4"&- UstramsN7 i 3rr PUN. . I I Property Ownership Map �- J I Lt I I 24 .. .. .. Nw % Sk" .. : _ ydo�; r, IIII!lillli H -.H _11..L1._L_i.1 m lft sv" m-riTrrr� _- N^ /h FT7 717 Ii s FIEC © t• �a NW dlh ski NE M SkkM or I �__ --- '--------- Ii ICI-----�--- � `__-- 4� H --- L NWs�S►Nf------_--_--- = NEsIMS"M_ FTF� _ : , H+ -Hfl: Hl -� i�l. �Li Ll 1...1.E Nw 111► sktM W Nh SR" f :t iI �.p } �'• ,� a ` j'. ,: 7.'• •; tom'` ...�a'� � %y:yv:��Y•�`�•'�... '`�1+i,,,,,���. �r t+� t�,��}y�. i•• • ; . '�•• � ,� ;; .L, ' •�.' � w..� ('��.. 1,�-T�.��ir a. 2FF�"�:i�'•7•:� - .'�i nv.•. ..� .w.��:. •r.:• �•�.: •. ••l �A ,�.��. t..�� �• i �� �.•,,. y�►r �av .' _•,may' t r;t•'.;;tr -SAP i1=`L1 K•7,t•.ti. �`� ., r• •+ +• i• �+� •'�4 ice,: •.•:%''�. ��4'•'ar. .•y.w+_ ft•�^'.> � +'-:+2:�. P• t•i : :�•R'r:•= :i..` .f •.+: �.-� � � '�.i..r' •�.: .�� •►• '►. t i ! Property Ownership Map L�l _L_LLI._LLS L.H..1._1�1-.1-1.1� NW 10ih sue« NE,OIh S«.n -1.7 tt 24 23 T--� H. IIAIL NW % S"e NE ft 9row NWMS~ + H W i111.l1ll.11 lid Wm 2 IN t rfc NW 66 SIm1 NWSdtSh«f .----------- �. FT71 ., .4 :J H .11 IL NW /IA Sk" �Tf"1TTT(""fTr -1-=-----LLLLJ ---_ W 5%Slr" .. 8 Ll I I I I I. H NE 40, Sn.a SG-251-. 4up c y cF rya -- im i si r c�N/�c vc3r �tw �r �J 19E35 Air r v� - c a� XPUE - PAce. oatunm � ND. RLAD tint (�'S ME IADD HJnDM 7QmL mx c IADD H1II1 1, IADD I�IIILIIlVG 7iJI1�1[, 57-B (R-UO5-70.1(lm0 aN AIMS $3M XO $10,000 $3M XO $9,MD 27•3 $U),= (57LB) 44-F.E.C. 01-aO4"1-1-1 FE7, R II RI D GJ. (44-F.E.C.) 15,150 $242,400 $242,400 $242,400 $242,400 MW@TMffM 11 March 18, 1986 Bashir & Helen Paniry 2300 N.E. 196 Street Miami, Florida 33180 Re: Parcel No. 57-A CE5AR H. 0010 City Manaser Dear Mr. Paniry:. of Miami in conjunction with On January 23, 1986, the City urchase.your property Metropolitan Dade County made an offer to p described as: the and Beginning at North 105 feet of Lot 1 thence Westerly along the Northeast corner of Lot 2, North line of Lot 2, for a distance of 17.13 feet, thence South 64.05 feet, thence South 36.09 feet, and thence East 29.5 feet to the East line in Block' 57N, thence North to the Point of Beginning' of MIAMI NORTH, according to the Plat thereof, as recorded in Plat Book 'B", at Page 41 of the Public Records of Dade County Florida. This is to notify you that the City of Miami Sports and has resolved that the acquisition of the Exhibition Authority is not required for construction of the above described property ro osed purchase of the property Sports Arena. Therefore, the p P the Miami ance pending final resolution by is being held in abe ril 10, 1986. City Commission on Ap questions, please call our office at 579-3366. I f you ha ve an Y Sincerely, 4tew Schwartz Deputy Director MS: BB: gy -3:Eo OVE470 WN / PARR %.A/:57 PRCIECT `P•O. So, 3=0"•C9 i�tiari, Florida 33233-0703 , (305) 5?`1 CESAR H. 01310 City Manager 11 March 18, 1986 Roger Barreto Florida East Coast Railway, Co. 1055 East 21st Street Hialeah, Florida 33013 Re: Parcel No. 57-C Dear Mr. Barreto: On January 23, 1986, thelty Of fferltolin con purchase your property nction with Metropolitan Dade County madean described as: Part of Lots 1 to 24 inclusive, the FEC Railroad yard and tracks, in Block 57N, of MIAMI NORTH, according to the Plat thereof, as Recordse of 1n Plat Dade County, Florida.: Page 41 of the Public iami Sports and This is -to -notify has resolvedou that that y the acquisition of the Exhibition Authority above described property is not required for c e soructiof the prof the Sports Arena. Therefore, the proposed p rty the Miami' -is being held in abeyance pending final resolution by_ .City Commission on April 10, 1986. If you have any questions, please call our office at 579-3366. Sincerely,. Matthew Schwartz Deputy Director MS:BB:gy OVERTOWN / PARK WEST PROJECT + P.O. Box 320703 +:Miami, Florida 33233-07C3 + (305) 579-3366 I CESAR H. ODIO City Manager i LII March 18► 1986 George Lehor 247 Malaga Avenue Coral Gables, FL 33146 Re: Parcel No. 57-E Dear Mr. Lehor: of Miami in conjunction with On January 23, 1986, the City purchase -your property MetrOPOlitan Dade County made an offer o described as: Right of Way, in Lots 23 and 24, South of theaccord aFEC g to the Plat Block 57N, ,of MIAMI NORTH' B , at Page 41, of thereof, as recorded in Plat Book 1rlorida. the Public Records of Dade County, sports and i You that the City of Miami This is to notify Y the acquisition of the f the Exhibition Authority has resolved that, erty is not 'required for construction ro property above described prof the . proposed purchase of the p P Therefore, ending final resolution by the Miami Sports Arena. ance p is being held in abey City Commission on April 10, 1986. questions, please call our office at 579-3366. I f you have any Sincerely, a hew Schwartz Deputy Director. MS:BB:gY OVERTO WN /PARK Y`!ES= PROTECT + P.O. Bax 3 708 + Miarni. Florida 33233-0708 (305) 5;g-3356 • �• /jam j • • CESAR H. OD10 p City Manager � V u • { March 18, 1986 i i Mr. George Lehor Employers Overload Of Miami, Inc. 247 Malaga Avenue Coral Gables, FL 33146 Res Parcel No* 57-D Dear.Mr• Lehor: of Miami in conjunction with On January 23, 1986, the City purchase your property Metropolitan Dade County made an offer to described as: Right of Way, in Lots 15 to 22 inclusive, South of the 9 to the Plat Block 57�T, of : MIAMI 1lORTH. acco�dingat Page 41, of thereof, as recorded in de County. Florida. the Public Records of Da 'City o£ Miami Sports and you that the acquisition of the This is '. to notify Exis Is o' thority has resolved that the con ro erty is not required for construction of erty above described p p the proposed purchase of the property . Therefore, ending final resolution. by .the Miami Sports Arenas ance p is being held in abey City Commission on April 10, 1986• questions, please call our office at 579-3366• If you have any q Sin elY, a Matthew Schwartz Deputy Director 3.. MS:BB:gY Z44 +w� • Miami, Florida 33233.0708 + (305) 579-3366 9 P•Q. Box 330708 �� OVERTOWN PARK NEST PROJECT