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HomeMy WebLinkAboutPre-Legislation 3a J-03-379 04/28/03 EXHIBIT A RESOLUTION NO. 03- 473 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE THE OPTION TO PURCHASE REAL PROPERTY AGREEMENT ("OPTION AGREEMENT"), ATTACHED AND INCORPORATED, BETWEEN THE CITY OF MIAMI AND ARY MOISE (SELLER) TO PURCHASE THE PROPERTY LOCATED AT 255 NORTHEAST 59th TERRACE, MIAMI, FLORIDA ("PROPERTY"), AS LEGALLY DESCRIBED IN "EXHIBIT A," IN CONNECTION WITH THE DEVELOPMENT OF LITTLE HAITI PARK,FOR A PURCHASE PRICE OF $18,500 AND IN ACCORDANCE WITH THE TERMS SET FORTH IN THE OPTION AGREEMENT; ALLOCATING FUNDS IN THE AMOUNT OF $21,500 FROM THE $255 MILLION HOMELAND DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND TO COVER THE COSTS OF SAID ACQUISITION INCLUSIVE OF COST OF SURVEY, APPRAISAL, ENVIRONMENTAL REPORT AND TITLE INSURANCE. WHEREAS, Resolution No. 01-1029, adopted September 25, 2001, directed the City Manager to take all steps necessary to initiate and implement the development of a superlative park in the Little Haiti area ("Park Project"); and WHEREAS, the -boundaries for the Park Project as established by the City Commission are from Northeast Northeast 67th Street between Northeast Railroad Tracks, Miami, Florida; and F"r K}y i `av 2nd 59th Street to Avenue and the CITY COMMISSION MEETING c8? MAY 0 C 20D3 Resolutias3 Na. 03- 473•.-:. Book21706/Page3812 Page 2 of 6 WHEREAS, Resolution No. 02-395, adopted April 11, 2002, directed the City Manager to expedite the land acquisition for the Park Project approved in the $255 Million Homeland Defense/Neighborhood Improvement Bond Issue; and WHEREAS, the above -referenced property is within the park boundaries and is necessary as part of the land assembly required for the Little Haiti Park Project; and WHEREAS, an independent appraisal established the fair market value for the Property at $18,500; and WHEREAS, an Option to Purchase Real Property Agreement to purchase the property at a purchase price of $18,500, with an option payment of $100 was prepared by the Department of Economic Development and executed by the City Manager; 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. Page 2 of 4 03— 473 Book21706/Page38l3 Page 3 of 6 .y n Section 2. The City Manager is authorizedV to execute the Option to Purchase Real Property Agreement, in substantially the attached form, between the City of Miami and Ary Moise (Seller), to purchase the property located at 255 Northeast 59th Terrace Miami, Florida, as legally described iri `Exhibit A," attached and incorporated, in connection with the development of Little Haiti Park, with a purchase price of $18,500 and in accordance with the terms and conditions set forth in the Option Agreement, with funds, in the amount of $21,500, allocated from the $255 Million Homeland Defense/Neighborhood Improvement bond to cover the costs of said acquisition inclusive of cost of survey, appraisal, environmental report and title insurance. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1' 2/ 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. 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. Page 3 of'4 03— 4i3 Book217O6/Page3814 Page 4 of 6 • PASSED AND ADOPTED this 8th day of May ATTEST: rzLzuzd �!-... PRISCILLA A. T OMSO PN CITY CLERK APPROVED AS TO FORM AND CORRECTNESS:V ANDRO VI LLO Y ATTORNEY 177:tr:AS:BSS Page 4 of 4 , 2003. L A. DIAZ, MAYO 803- 473 Book217061Page3815 Page 5 of 6