HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
Final Action Date:
File Number: 06-00594
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
DECLARING SURPLUS AND APPROVING THE SALE OF THE CITY -OWNED MIAMI,
PROPERTY LOCATED AT 123 SOUTHWEST NORTH RIVER DRIVE, MIAAMII
FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT A,
CHED
AND INCORPORATED, TO 121 RIVER DRIVE ASSOCIATES, LLC.,`A FLORIDA
LIMITED LIABILITY CORPORATION ("PURCHASER"); ESTABLISHING THREE
HUNDRED THOUSAND DOLLARS ($300,000), AS THE AMOUNT TO BE PAID TO
THE CITY OF MIAMI (CITY) BY THE AFOREMENTIONED; AUTHORIZING THE
CITY MANAGER TO EXECUTE AN AGREEMENT FOR PURCHASE AND SALE, IN
SUBSTANTIALLY THE ATTACHED FORM, AND TO EXECUTE SUCH OTHER
DOCUMENTS AS 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.
WHEREAS, 121 River Drive Associates, LLC., a Florida Limited Liability Corporation ("Purchaser"),
seeks to purchase 3750 square feet of City -owned property located at 123 Southwest North River
Drive, Miami, Florida ("Property"); and
WHEREAS, a paved driveway transverses the Property with no official street or alley platted or
recorded on the Property; and
WHEREAS, the Property is currently vacant, represents a maintenance cost and liability to the City,
and does not generate ad valorem taxes; and
WHEREAS, the Property Appraiser of Miami -Dade County has valued the Property at a market
price of $124,950 in 2005; and
WHEREAS, a purchase price of Three Hundred Thousand Dollars ($300,000) or approximately
$80.00 per square feet is to be paid by the Purchaser to the City; and
WHEREAS, the City Charter contains 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, the area of the Property is not in excess of 7,500 square feet, is non -buildable, is
non -waterfront, and its conveyance to the adjacent property owner would assist in providing for the
assemblage of land by the Purchaser, and
WHEREAS, 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;
City of Miami
Page l of 2
Printed On: 4/18/2006
File Number: 06-00594
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. The City -owned real Property, as more particularly described in Exhibit "A," attached
and incorporated, is declared surplus property and the sale of same to the Purchaser, is approved.
Section 3. The City Commission establishes a purchase price of Three Hundred Thousand Dollars
($300,000), as the amount to be paid to the City by the aforementioned.
Section 4. The City Manager is authorized{1} to execute an Agreement for Purchase and Sale
("Agreement"), in substantially the attached form, to consummate such transaction in accordance with
the terms and conditions of the Agreement, and to execute such other documents as 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.
Section 5. The City does not warrant the sufficiency of its title nor any interest it may have in the
Property, nor does it make any covenant whatsoever as to the Property, which is being conveyed to
Purchaser, "AS IS" and "WHERE IS" and which Property, Purchaser accepts "AS IS" and "WHERE
IS" as to all conditions.
Section 6. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNESSi
JQRGE L FE
CITY PI\ • R EY
Footnotes :
NDEz1•
{1} The herein authorization is further limited
ip ���ttoothose pliance with all requirements that may be prescribed by applicable City Charter and Coded
by the City Attorney, including but no
provisions.
da
{2} If the Mayor does not sign this Resolution, it shall become Resolutive at on,e t shall becomend of ten lendar me effect ve
from the date it was passed and adopted. If the Mayor vetoes this
immediately upon override of the veto by the City Commission.
City of Miami
Page 2 of 2 Printed On: 4/18/2006