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Text File Report
City Hall
3500 Pan American Drive
Miami, FL 33133
www-miamigov.com
File ID: 04-00040
Enactment #: R-04-0068
Version: I
Type: Resolution
Introduced: 1/15/04
Status: Passed
Enactment Date: 2112/04
Controlling Body: City Commission
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BY A
FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO
EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE
ATTACHED FORM, BETWEEN THE CITY OF MIAMI AND B & B ENTERPRISES, FOR THE
ACQUISITION OF PROPERTY LOCATED AT 247 NORTHEAST 59TH STREET, MIAMI,
FLORIDA ("PROPERTY"), AS LEGALLY DESCRIBED IN THE AGREEMENT, IN CONNECTION
WITH THE DEVELOPMENT OF LITTLE HAITI PARK, FOR A TOTAL PURCHASE PRICE OF
$189,750, AND TO CONSUMMATE SAID TRANSACTION IN ACCORDANCE WITH THE
TERMS OF THE AGREEMENT; FURTHER ALLOCATING FUNDS, IN THE TOTAL AMOUNT
NOT TO EXCEED $215,950, FROM THE $255 MILLION HOMELAND
DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND FOR COSTS INCLUDING BUT NOT
LIMITED TO SURVEYS, APPRAISALS, ENVIRONMENTAL REPORTS, 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 to be from Northeast 59th
Street to Northeast 64th Terrace between Northeast 2nd Avenue and Northeast 4th Avenue, Miami, Florida; and
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 Dollar Homeland Defense/Neighborhood improvement Bond Issue; and
WHEREAS, the property located at 247 Northeast 59th Street, Miami, Florida ("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 $170,000 as the fair market value for the Property; and
WHEREAS, the Department of Economic Development prepared a Purchase and Sale Agreement ("Agreement") to
purchase said property for $189,750, with a deposit of $25,000; and
WHEREAS, the Purchase Price exceeds the appraised value of $170,000 by $19,750; and
WHEREAS, it is a condition precedent to the validity of the Agreement and its execution by the City Manager that the
City of Miami Page l Printed on 7/27/2006