HomeMy WebLinkAboutR-85-0507J-85-463a
RESOLUTION NO.�
A RESOLUTION ACCEPTING THE PROPOSALS
OF PROPERTY CONSULTANTS, INC., AND
SLACK, SLACK, & ROE, INC., MAI
APPRAISERS, FOR FEES OF $5,000 AND
$69500, PLUS EXPERT WITNESS FEES OF
$75 AND $140 PER HOUR RESPECTIVELY,
TO APPRAISE, FOR THE PURPOSE OF
ESTABLISHING FAIR MARKET VALUE, TWO
BLOCKS OF PROPERTY LEGALLY DESCRIBED
AS BLOCKS 2 AND 49 ALL IN DUPONT
PLAZA SUBDIVISION AS RECORDED IN
PLAT BOOK 50 AT PAGE 11; BOUNDED ON
THE NORTH BY S. E. SECOND STREET; ON
THE WEST BY S.E. SECOND AVENUE; ON
THE SOUTH BY S.E. FOURTH STREET, AND
ON THE EAST BY S.E. THIRD AVENUE;
ALLOCATING FUNDS TO COVER THE COST
OF THE APPRAISAL FROM SPECIAL
PROGRAMS AND ACCOUNTS, CONTINGENT
FUND.
WHEREAS, the City of Miami is interested in acquiring
property in order to expedite the bifurcated ramp
system for I-95; and
WHEREAS, funds for appraisal fees are available from
Special Programs and Accounts Contingent Fund; and
WHEREAS, appraisals to establish Fair Market Value must
be obtained; and
WHEREAS, two appraisals are needed to establish this
value; and
WHEREAS, due to the urgency of getting this Resolution
on the Agenda for the May 9, 1985 Commission Meeting,
invitations were made to several Dade County appraisers, all
of whom are members of the American Institute of Appraisers;
and
WHEREAS, three (3) appraisers responded and the two
proposals most advantageous were submitted by Property
Consultants, Inc., and Slack, Slack & Roe, Inc., with
proposal bids of $5,000 and $6,500 respectively, plus $75
and $140 per hour expert witness testimony fees
respectively; CITY L"N
MEETi. •.
MAY 9 *85
ION iw. 8.5
t
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to
accept the proposals of Property Consultants, Inc., and
x:
Slack, Slack & Roe, Inc., for fees of $5,000 and $6,500,
plus expert witness testimony fees of $75 and $140 per hour
respectively, to appraise for the purpose of establishing
Fair Market Value, two (2) square blocks of property, said
property legally described as Blocks 2 and 4, all in Dupont
=
Plaza Subdivision as recorded in Plat Book 50 at Page 11;
`
bounded on the North by S.E. Second Street; on the West by
S.E. Second Avenue; on the South by S.E. Fourth Street; and
on the East by S.E. Third Avenue, allocating funds to cover
the costs of the appraisal from Special Programs and
-ti
Accounts, Contingent Fund.
PASSED AND ADOPTED this 9th day of May , 1985.
ATTEST:
O
y er
1Z 7A�g
PREPARED AND APPROVED BY:
ROBE •
Deputy City Attorney
Maurice A. Ferre
MAURI A. FEMME, ayor
AP&MYR T� TO FORM AND CORRECTNESS:
YV Yil'. A. & %i
City Attor y
85-50i. .
CITY OF MIAMI. FWRIOA
38 IN'FFR-01VIV10E MEMORANDUM
TO. Sergio Pereira
City Manager
RROM: John E. Gilchrist
Asst. to the City Manager
Special Projects Task Force
OATE: April 30, 1985 InLt:
SUBJECT: Dupont Plaza Appraisals
REFERENCES: For City Commission
Meeting of May 9, 1985
ENCLOSURES:
It is recommended that the
City Commission authorize the
City Manager to accept the
ro osa s of ro ert
consultants,Inc.,an ac
2.
ac Hoe nc.
Appraisers, for fees o $5,000
and $61500, plus Expert
Witness Fees of $75 and $140
per hour respectively, to
appraise, for the purpose off°
establishing Fair Market
Value, Block 2 and Block 4 of
Du ont Plaza Subdivision PB
1. FUnds covering t e
co�—of appraisal fees are
available from Special
Programs and Accounts
Contingent Fund.
The City of Miami is interested in acquiring this land in order to
expedite the bifurcated ramp system for I-95.
Appraisals were solicited from MAI Appraisers, and three responses were
received. The two most advantageous proposals were submitted by
Property Consultants, Inc., and Slack, Slack & Roe Inc. Property
Consultants, Inc., submitted a bid of $5,000, a time of two to three
weeks to complete and expert witness fees of $75 per hour. Slack,
Slack & Roe Inc., also submitted a bid of $6,500, with 30 days or less
to complete the project, and expert witness fees of $140 per hour.
Funds for appraisal fees are available from the Special programs and
Accounts Contingent Fund.
Recommendation
It is recommended that the City Manager be authorized to accept the
appraisal proposals of Property Consultants, Inc., and Slack, Slack &
Roe Inc.
85-SQ L.