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HomeMy WebLinkAboutsummary formI Date: 1 /28/2005 AGENDA ITEM SUMMARY FORM FILE ID: b S — O Oo ��- Requesting Department: Economic Development Commission Meeting Date: 2/24/2005 District Impacted: 2 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Declaration as Surplus, and Execution of a Purchase and Sale Agreement for 2459 SW 28th Street, Miami, FL Purpose of Item: t ' Declaring surplus and approving the sale of the City -owned property located at 2459 Southwest 28th Street, Miami, Florida ("Property") to Rubin Brickman, Trustee, Nancy Rubin, and Debbie Brickman, Trustee ("Purchaser"), with a purchase price of Two Thousand Six Hundred and Four Dollars ($2,604.00). Further authorizing the City Manager to execute a purchase and sale agreement, in substantially the attached form, and to execute such other documents that may be necessary to consummate such transaction in accordance with the terms and conditions of the agreement, which terms may be amended by the City Manager as may be necessary in order to meet the best interests of the City. Background Information: The City has been approached regarding the sale of a two (2') foot strip of City -owned property located at 2459 Southwest 28th Street by Purchaser. Purchaser is in the process of constructing a home on the adjacent parcel and this Property is desired in connection with such development. The Property was conveyed to the City by Miami -Dade County in connection with delinquent taxes under provisions of F.S. Section 197.592, as amended. Currently the property sits vacant, represents a maintenance cost and liability to the City, and does not generate ad valorem taxes. Two Thousand Six. Hundred and Four Dollars ($2,604.00) has been established as the amount to be paid to the City by the Purchaser. Section 29B of the City of Miami Charter provides an exemption from the competitive bidding requirements and return of fair market value when disposing of City -owned property acquired in connection with delinquent taxes. The property will be conveyed "as is" and "where is" and the City will not warrant the sufficiency of its title nor any interest it may have in the property. Budget Impact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) CIP Budget If using or receiving capital funds Page 1 of 2 Grants Risk Managem t "Ir. Purchasing Dept. Directorka1�MChief c City Manager 1 _ rA-r Page 2 of 2