HomeMy WebLinkAboutR-85-1153J-85-1142
RESOLUTION NO. 3.
A RESOLUTION AUTHORIZING THE; CITY
MANAGER TO ACCEPT THE PROPOSAL OF
CARLTON W. COLE , MEMBER OF 'rHf;'
AMERICAN INSTITUTE OF REAL ESTATE
APPRAISERS (MAI), FOR A FEE OF
$9,900 PLUS EXPERT WITNESS FEES OF
$150.00 PER HOUR, TO APPRAISE FOR
THE PURPOSE OF ESTABLISHING FAIR
MARKET VALUE OF THE LAND AND AIR
RIGHTS OF CERTAIN PROPERTY LOCATED
ADJACENT TO BAYFRONT PARK AND THE
PORT OF MIAMI IN CONNECTION WITH THE
CONSTRUCTION OF A NEW PORT BOULEVARD
BRIDGE, WITH FUNDS COVERING THE COST
OF THE APPRAISAL BEING ALLOCATED
FROM THE BUDGETED FUNDS OF THE
PROPERTY AND LEASE MANAGEMENT
DIVISION OF THE FINANCE. DEPARTMENT.
WHEREAS, Metropolitan Dade County and the City of Miami have
determined that it is of the highest priority to resolve
transportation improvements at and to the Port of Miami,
including the need for a new high level bridge; and
WHEREAS, the City owns Bayfront Park, in fee simple
absolute, certain land and air rights required by the county for
right-of-way; and
WHEREAS, the City and the County entered into an Agreement
for Transportation Improvements to provide access to the Port of
Miami, dated August 23, 1984, indicating that the City shall sell
the easement to the County for that portion of City -owned land
and air rights, exclusive of other easements granted to Dade
County, required for the construction of the new bridge at Fair
Market Value of the highest and best use of the land; and
WHEREAS, the City needs to know the Fair Market Value in
order to sell the easement to the County; and
WHEREAS, invitations to bid were sent to five (5) appraisers
domiciled in Dade County, all of whom are members of the American
Institute of Real Estate Appraisers; and
WHEREAS, five responses were received from the invitation to
bid; and CITY COMMISSION
MEETING OF
1 NOV 26 1985
f,
WHEREAS, the proposal of Carlton W. Cole, member of the
American Institute of Real Estate Appraisers (MAI) was determined
to be the most advantageous to the City at a fee of $9,900 plus
expert witness fees of $150.00 per hour; and
WHEREAS, fund~ for the expenses involved in this- appraisal
are available from budgeted funds of the Property and Lease
Management Division of the Department of Finance;
NOW, THEREFORE, KE IT RESOLVED BY THE COMMISSION OF THF, CITY
OF MIAMI, FLORIDA:
Section 1. That the proposal of Carlton W. Cole, member of
the American Institute of Real Estate Appraisers (MAI) be
accepted!/for a fee of $9,900, plus expert witness fees of
$150.00 per hour for the purpose of establishing the Fair Market
.t
Value of the land and air rights of certain property located
adjacent to Bayfront Park and the Port of Miami in connection
with the construction of a new Port Boulevard bridge to provide
access to the Port of Miami.
f
Funds covering the cost of the appraisal are hereby
i
3
allocated from budgeted funds of the Property and Lease
Management Division of the Department of Finance.
PASSED AND ADOPTED this 26th day of NOVEMBER , 1985.
Mayor
ATAES
M)ffTY HIRAI, City Clerk
PREPARED AND APPROVED BY: APPROVED AS,4--I'Fq RM AND CORRECTNESS:
ROBERT F. CLARK LUCIA A. DOUGH TY
Chief Deputy City Attorney City Attorney
l/ The herein "acceptance" authorizes the City Manager - to
accept the proposal.
2
C
�1
TO.Honorable Mayor and
Members of the City
Commission
CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM so
FROW Sergio Pereira
City Manager S; �
DATE: NOV 16 , 19 8. FILE:
SUBJECT: Acceptance of Appraisals For
Land Adjacent to Bayfront Park
and Port of Miami - Port
REFERENCES Boulevard Bridge
ENCLOSURES. For City Commission Meeting
of November 26, 1985
It is recommended that the
City Commission authorize
the City Manager to accept
the proposal of Carlton W.
Cole, MAI, for a fee of
$9,900 plus expert witness
fees of $150.00 per hour,
to appraise for the purpose
i of establishing Fair Market
Value of the land and air
rights of certain property
located adjacent to
Bayfront Park and the Port
of Miami in connection with
the construction of a new
Port Boulevard Bridge.
i
} The Office of Capital Improvements requested the Property and Lease
Management Division to solicit proposals for appraisals of certain
land and air rights located adjacent to Bayfront Park and the Port of
Miami.
i
This area is described as the land required by Metropolitan Dade
County from the City of Miami for the construction of the new bridge
to the Port of Miami, pursuant to the Agreement for Transportation
Improvements dated August 23, 1984, between Metro Dade County and the
City of Miami.
As time was of the essence, invitations were sent to five (5) MAI
appraisers for proposals on the selected site. Five responses were
received to the solicitation and the proposal of Carlton W. Cole is
submitted as being the most advantageous to the City.
Funds to cover the cost of the appraisal are provided from the
Property and Lease Management Division of the Finance Department.
�-i i5L'31