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HomeMy WebLinkAboutR-03-1156City of Miami Legislation Resolution: R-03-1156 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 03-0021 Final Action Date: 11/13/2003 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RESCINDING, IN ITS ENTIRETY, RESOLUTION NO. 00-609, ADOPTED JULY 20, 2000, WHICH AUTHORIZED THE SALE OF THE PROPERTY LOCATED AT 27 SOUTHWEST NORTH RIVER DRIVE, MIAMI, FLORIDA, ("PROPERTY"), TO ICARE BAYPOINT SCHOOLS, INC. ("ICARE"), A FLORIDA NOT FOR PROFIT CORPORATION; DECLARING CERTAIN CITY -OWNED PROPERTY SURPLUS; FURTHER APPROVING THE SALE OF SAID PROPERTY TO RIVERHOUSE LOFTS, LTD., A FLORIDA LIMITED PARTNERSHIP, FORA PURCHASE PRICE OF $225,000; AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE, AND TO CONSUMMATE SUCH TRANSACTION IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT, WHICH TERMS MAY BE SOLELY AMENDED BY THE CITY MANAGER SUBJECT TO THE CONCURRENCE OFTHE PURCHASER AS MAY BE NECESSARY TO MEET THE BEST INTERESTS OF THE CITY. WHEREAS, Resolution No.00-609, adopted July 20, 2000, authorized the sale of City -owned Property located at 27 Southwest North River Drive, Miami, Florida ("Property") to ICARE Bay Point Schools, Inc., a Florida not for profit corporation ("ICARE") for a purchase price of $65,000 to provide a parking lot for an adjacent multifamily building that would have provided affordable housing to troubled youths; and WHEREAS, ICARE did not agree to purchase the Property with the affordable housing deed restrictions; and WHEREAS, the City reviewed its inventory of City -owned properties and has found that it is in the best interest of the City of Miami ("City") to divest itself of this Property as it is not needed for City purposes and currently sits vacant; and WHEREAS, the Property currently represents a maintenance cost and liability to the City, and does not generate ad valorem taxes; and WHEREAS, it is in the best interest of the City to sell the Property, divest itself of the liabilities associated with its ownership, and place the Property on the tax rolls; and WHEREAS, on November 6, 2001, the electorate of the City approved an amendment to Section 29-B of the City Charter to create an exception from City requirements for competitive bidding for disposition of non -waterfront City -owned property to an adjacent property owner when the subject property is 7,500 square feet or less, or the subject non -waterfront property is non -buildable; and WHEREAS, an independent appraisal was procured by the Department of Economic City of Miami Page 1 of 3 File Id: 03-0021 (Version: 3) Printed On: 8/19/2016 File Number: 03-0021 Enactment Number: R-03-11 5 6 Development and established $115,000 as the fair market value for the Property; and WHEREAS, on July 25, 2003, adjacent property owners ICARE and RiverHouse Lofts, Ltd. ("RiverHouse") were advised of the City's intent to sell and asked to submit bids for the purchase of the Property; and WHEREAS, ICARE's final bid submitted offered to purchase the Property for the sum of $230,000; and WHEREAS, RiverHouse's final bid submitted to purchase the property for the sum of $225,000; and WHEREAS, RiverHouse plans to build a residential facility and mixed -use commercial activities on adjacent parcels and will be utilizing this property in conjunction with this project; and WHEREAS, bids were reviewed and the City has determined that the bid submitted by RiverHouse is in the best interest of the City as the adjacent project is consistent with development plans for the area and is in the long-term best interest of the City; and WHEREAS, RiverHouse has agreed to provide upon closing, the adjacent property (Lot 11) owner with an access easement for vehicular and pedestrian ingress and egress from either Southwest North River Drive or from Flagler Street so as to prevent the adjacent property from being landlocked upon the transfer of title to the Property ; and WHEREAS, the City Commission finds it in the best interest of the City, taking into consideration all factors set forth herein, to sell this property to RiverHouse Lofts, Ltd.; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. Resolution No. 00-609, adopted July 20, 2000, which authorized the sale of the Property to (CARE is rescinded, in its entirety. Section 3. Certain City -owned real property located at 27 Southwest North River Drive, Miami, Florida, as more particularly described in "Exhibit A," attached and incorporated, is declared surplus. Section 4. The sale of said Property to RiverHouse for the purchase price of $225,000 to be paid to the City, is authorized and subject to the terms and conditions set forth in this Resolution and the Purchase and Sale Agreement and the Addendum to Agreement for Sale, attached and incorporated. Section 5. The City Manager is authorized{1} to execute a Purchase and Sale Agreement and the Addendum to Agreement for Sale, in substantially the attached forms, for said purpose, and to consummate such transaction in accordance with the terms and conditions of the Agreement, which terms may be solely amended by the City Manager, subject to the concurrence of the purchaser, as may be necessary to meet the best interests of the City. City of Miami Page 2 of 3 File Id: 03-0021 (Version: 3) Printed On: 8/19/2016 File Number: 03-0021 Enactment Number: R-03-1156 Section 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. City of Miami Page 3 of 3 File Id: 03-0021 (Version: 3) Printed On: 8/19/2016