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HomeMy WebLinkAboutR-05-0406City of Miami Legislation Resolution: R-05-0406 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00547 Final Action Date: 6/23/2005 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BYA FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, AUTHORIZING THE CITY MANAGER TO EXERCISE THE OPTION TO PURCHASE REAL PROPERTY LOCATED AT 990 NORTHEAST 79TH STREET, MIAMI, FLORIDA, AS LEGALLY DESCRIBED IN "EXHIBIT A," ATTACHED AND INCORPORATED, IN CONNECTION WITH THE DEVELOPMENT OF A FIRE STATION, FORA TOTAL PURCHASE PRICE AMOUNT NOT TO EXCEED $900,000; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE OPTION TO PURCHASE REAL PROPERTY AGREEMENT ("OPTION AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE CITY OF MIAMI AND JEFFREY LEFCOURTAND TO CONSUMMATE SAID TRANSACTION IN ACCORDANCE WITH THE TERMS OF SAID OPTION AGREEMENT; ALLOCATING FUNDS, IN THE AMOUNT NOT TO EXCEED $935,200, FROM THE NEIGHBORHOOD FIRE STATIONS AND TRAINING FACILITY PROJECT, ACCOUNT NO. 313306.289307, APPROPRIATED FROM THE $255 MILLION HOMELAND DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND FOR COSTS, INCLUDING BUT NOT LIMITED TO, SURVEYS, ENVIRONMENTAL REPORTS, DEMOLITION AND OTHER COSTS ASSOCIATED WITH SAID ACQUISITION; FURTHER AUTHORIZING THE CITY MANAGER TO ACCEPT THE ASSIGNMENT OF THE EXISTING LEASE AGREEMENT ("LEASE"), IN SUBSTANTIALLY THE ATTACHED FORM, FOR THE PROPERTY AND TO EXECUTE ALL NECESSARY DOCUMENTS IN CONNECTION WITH THE OPTION AGREEMENT AND ASSIGNMENT OF SAID LEASE. WHEREAS, Resolution No. 02-1294, adopted December 12, 2002, authorized and approved certain projects to be funded from the Homeland Defense/Neighborhood Improvement Bond Funds; and WHEREAS, Ordinance No. 12380, adopted July 17, 2003, as amended, the Capital Projects Appropriations Ordinance, appropriated $15,750,000, of available funds 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; and WHEREAS, the Department of Fire -Rescue has determined a need to add a fire station in the Northeast area of the City of Miami ("City") to improve emergency response time and that it must be located within the following boundaries: between Northeast 5th Avenue to the west, Northeast 11th Avenue to the east, Northeast 73rd Street to the south and Northeast 82nd Street to the north, Miami, Florida, ("Northeast Fire Station Project"); and WHEREAS, the property located at 990 Northeast 79th Street, Miami, Florida ("Property"), is within the Northeast Fire Station Project boundary; and City of Miami Page 1 of 3 File Id: 05-00547 (Version: 11 Printed On: 11/18/2016 File Number: 05-00547 Enactment Number: R-05-0406 WHEREAS, two independent appraisals were procured and established $747,500 as the fair market value for this Property; and WHEREAS, the purchase price exceeds the appraised value by 20.4%; and WHEREAS, the Department of Economic Development has prepared an Option to Purchase Real Property Agreement ("Option Agreement") to purchase the property for $900,000; and WHEREAS, the purchase is subject to acceptance of an existing lease which provides Vertigogo, Inc. and Rafael R. Legisima, jointly and severally, the ability to continue operating on the Property, subject to the terms of the Lease Agreement ("Lease"), for a period not to exceed August 31, 2006; and WHEREAS, pursuant to Section 166.045, Florida Statutes, it is a condition precedent to the validity of the Option Agreement and its execution by the City Manager that the City Commission approve the Option Agreement by a greater majority of a four -fifths (4/5ths) affirmative vote; and WHEREAS, failing such approval, the Option Agreement shall be automatically null and void without the necessity of further action by either party; 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. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the City Manager is authorized{1} to exercise the option to purchase real property located at 990 Northeast 79th Street, Miami, Florida, as legally described in "Exhibit A," attached and incorporated, in connection with the development of a fire station, for a total purchase price amount not to exceed $900,000, which exceeds the independent appraisals established at fair market value. Section 3. The City Manager is further authorized{1} to execute the Option Agreement, in substantially the attached form, between the City and Jeffrey Lefcourt and to consummate said transaction in accordance with the terms of said Option Agreement, with funds in the amount not to exceed $935,200, allocated from the Neighborhood Fire Stations and Training Facility Project, Account No. 313306.289307, appropriated from the $255 Million Homeland Defense/Neighborhood Improvement Bond for costs, including but not limited to, surveys, environmental reports, demolition and other costs associated with said acquisition. Section 4. The City Manger is further authorized{1} to accept the assignment of the existing Lease, in substantially the attached form, for the Property and to execute the necessary documents in connection with the Option Agreement and assignment of said Lease. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 2 of 3 File Id: 05-00547 (Version: 11 Printed On: 11/18/2016 File Number: 05-00547 Enactment Number: R-05-0406 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. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 3 of 3 File Id: 05-00547 (Version: 11 Printed On: 11/18/2016