HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO :
FROM:
The Honorable Mayor and
Members of th _'ty Commi
rriola,
Administrator
DATE :
SUBJECT:
PH.2
Public Hearing
3hI' 4 b cLM
Option to Purchase Real ProperfE
Located at 749 NE 79`h Street for a
Fire Station in the Upper Eastside
area
REFERENCES:
Resolution and Option Agreement
ENCLOSURES:
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution, by an
affirmative vote of 4/5ths of the members of the City Commission, authorizing the City Manager to
exercise the Option to purchase the property located at 749 NE 79`h Street, (the Property), Miami,
Florida, as legally described in the Option Agreement between the City of Miami and Deliverance
Church of the Nazarene, a Florida Corporation (Seller), attached hereto and made a part hereof, in
connection with the development of a fire station, with a purchase price of $480,000, and to consummate
said transaction in accordance with the terms of said Option Agreement. This Resolution further
allocates funds in the amount of $500,000.00 from the Neighborhood Fire Stations and Training Facility
Project Account No. 313306.289307 appropriated from the $255 Million Homeland
Defense/Neighborhood Improvement Bond to cover the cost of said acquisition inclusive of cost of
survey, environmental reports, and title insurance associated with said acquisition.
BACKGROUND:
On December 12, 2002 the City of Miami Commission adopted Resolution No. 02-1294 which
authorized and approved certain projects to be funded from the Homeland Defense/Neighborhood
Improvement Bond Funds. On July 17, 2003 the City Commission adopted Ordinance No. 12380, as
amended, the Capital Projects Appropriations Ordinance, to appropriate $15,750,000 available from the
Homeland Defense/Neighborhood Improvement Bond Proceeds for various capital improvement
purposes including appropriating $5,500,000 to the Neighborhood Fire Stations and Training Facility
Project Account No. 313306.
The Fire -Rescue Department has established that there is a need to add a fire station in the Upper
Eastside area of the City in order to improve emergency response time. The fire station must be located
within the following boundaries between NE 5th Avenue to the west, NE 1 lth Avenue to the east, NE
73rd Street to the south, and NE 82nd Street to the north (the "NE Fire Station Project"). The property
located at 749 NE 79th Street, Miami, Florida is within the NE Fire Station Project boundary.
An independent appraisal was procured and established Four Hundred Thousand Dollars ($400,000) as
the fair market value for the Property. The Purchase Price exceeds the appraised value of Four Hundred
Thousand Dollars ($400,000) by Eighty Thousand Dollars ($80,000). The Deliverance Church of the
Nazarene, A Florida Corporation (SELLER) has agreed to demolish, cap the sewer, and remove all
structures and debris (excluding any fencing) from the Property as part of the purchase price.
The Honorable Mayor and
Members of the City Commission
Re: Option to Purchase Property Located
At 749 NE 79ti' Street for a Fire Station
Page Two
It is a condition precedent to the validity of the Option Agreement and its execution by the City Manager
that the City Commission of the City of Miami approve this Agreement by a greater majority of a 4/5th
vote of its members, failing such approval the Agreement shall be automatically null and void without the
necessity of further action by either party.
FINANCIAL IMPACT:
There is no impact to the City's General Fund. Total acquisition cost of $500,000.00 will be
provided through CIP NO. 313306.289307 entitled "Neighborhood Fire Stations and Training
Faci1}p"
JA::mv.memooptionNEFireStation.doc