HomeMy WebLinkAboutPre-Legislation 5J-03-102
05/07/03
BIT "B" .
RESOLUTION NO. 03- 474
A RESOLUTION OF THE MIAMI CITY COMMISSION BY
A FOUR -FIFTHS (4/5T1W) AFFIRMATIVE VOTE, 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 JERRY ALLEN MASHBURN AND KAREN
MASHBURN, TO PURCHASE THE PROPERTY LOCATED AT
265-271 NORTHEAST 59TH TERRACE, MIAMI,
FLORIDA ("PROPERTY"), AS LEGALLY DESCRIBED IN
"EXHIBIT A" OF THE OPTION AGREEMENT, IN
CONNECTION WITH THE DEVELOPMENT OF LITTLE
HAITI PARK, WITH A PURCHASE PRICE OF $160,000
AND IN ACCORDANCE WITH THE TERMS AND
CONDITIONS OF THE OPTION AGREEMENT;
ALLOCATING FUNDS IN THE AMOUNT OF $195,000
FROM THE $255 MILLION HOMELAND
DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND TO
COVER THE COSTS OF SAID ACQUISITION INCLUSIVE
OF COST OF SURVEY, APPRAISAL, ENVIRONMENTAL
REPORT, TITLE INSURANCE, AND DEMOLITION.
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 59th Street to
Northeast 67th Street between Northeast 2nd Avenue and the
Railroad Tracks, Miami, Florida; and
i l} r.': ba . ,. d .
CITY COMMISSION
MEETING OF
MAY fl r 2003
Reaok lions Np.
03- 474
Boo k21576/Page1282 Page 3 of 7
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 $160,000; and
WHEREAS, an Option to Purchase Real Property Agreement to
purchase the property at a purchase price of $160,000 with an
option payment of $100 was prepared by the Department of Real
Estate and Economic Development and executed by the City Manager;
and
WHEREAS, the City Commission is the only party authorized to
exercise the option, which option must be exercised by March 31,
2003;
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— 474
Book21576/Page1283 Page 4 of 7
Section• 2. By a four -fifths (4/5`m) affirmative vote,
the City Manager is authorizedli to execute the Option to
Purchase Real Property Agreement ("Option Agreement"), attached
and incorporated, between the City of Miami and Jerry Allen
Mashburn and Karen Mashburn, to purchase the property located at
265-271 Northeast 59th Terrace, Miami, Florida ("Property"), as
legally described. in "Exhibit A" of the option Agreement, in
connection with the development of Little Haiti Park, with a
purchase price of $160,000 and in accordance with the terms and
conditions of the Option Agreement, with funds allocated, in the
amount of $195,000, from the $255 Million Homeland
Defense/Neighborhood Improvement bond to cover the costs of said
acquisition inclusive of cost of survey, appraisal, environmental
report, title insurance, and demolition.
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— 474
Book21576/Page1284 Page 5 of 7
PASSED AND ADOPTED.this Ath day of May , 2003.
ATTEST:
APPROVED A
LARELLO
TORNEY
68:tr:AS:BSS
D CORRECTNESS:/
Page 4 of 4
EL A. DIAZ, MAYOR 4-
(`f�03- 474
Book21576/Page1285 Page 6 of 7