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HomeMy WebLinkAboutR-05-0428City of Miami Legislation Resolution: R-05-0428 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00601 Final Action Date: 7/7/2005 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), DECLARING SURPLUS AND APPROVING THE SALE OF THE CITY -OWNED PROPERTY LOCATED AT 1360 NORTHWEST 8TH COURT, MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO MKJ REALTY, A LIMITED LIABILITY CORPORATION OF THE STATE OF FLORIDA; FURTHER ESTABLISHING EIGHTY-FIVE THOUSAND DOLLARS ($85,000) AS THE AMOUNT TO BE PAID TO THE CITY OF MIAMI ("CITY") BY THE AFOREMENTIONED; AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM AND TO EXECUTE ALL NECESSARY DOCUMENTS 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. WHEREAS, the City of Miami ("City") has been approached by MKJ Realty, a Limited Liability Corporation of the State of Florida ("Purchaser"), regarding its interest in the purchase of 2,903 square feet of City -owned property located at 1360 Northwest 8th Court, Miami, Florida ("Property"); and WHEREAS, Purchaser is the owner of the adjacent parcel and said Property will be combined with such parcel; and WHEREAS, the Property was conveyed to the City by Miami -Dade County in connection with delinquent taxes under provisions of Florida Statute Section 197.592, as amended; and WHEREAS, currently the Property is vacant, represents a maintenance cost and liability to the City and does not generate ad valorem taxes; and WHEREAS, a purchase price of eighty-five thousand dollars ($85,000) or twenty-nine dollars and twenty-eight cents ($29.28) per square foot is to be paid by the Purchaser to the City; and WHEREAS, Section 29B of the City Charter provides an exemption from the competitive bidding requirements contained in the City Charter and Code of the City of Miami, Florida, as amended and return of fair market value, when disposing of City -owned property acquired in connection with delinquent taxes; 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 City of Miami Page 1 of 2 File Id: 05-00601 (Version: 11 Printed On: 11/21/2016 File Number: 05-00601 Enactment Number: R-05-0428 reference and incorporated as if fully set forth in this Section. Section 2. The City -owned real Property, as more particularly described in Exhibit "A," attached and incorporated, is declared surplus and the sale of same to the Purchaser, is approved. Section 3. The purchase price of Eighty -Five Thousand Dollars ($85,000) as the amount to be paid to the City by the Purchaser, in the manner provided by the Purchase and Sale Agreement ("Agreement"), is established. Section 4. The City Manager is authorized{1} to execute an Agreement, in substantially the attached form and to execute all necessary documents 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. Section 5. 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. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 05-00601 (Version: 11 Printed On: 11/21/2016