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Text File Report
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File ID: 04-00041
Enactment #: R-04-0069
Version: 1
Type: Resolution
Introduced: 1/15/04
Status: Passed
Enactment Date: 2/12/04
Controlling Body: City Commission
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BY A
FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO
EXECUTE A PURCHASE AND SALE AGREEMENT
("AGREEMENT") BETWEEN THE CITY OF MIAMI AND BEN PUMO, REVOCABLE TRUST,
ATTACHED AND INCORPORATED, FOR THE ACQUISITION OF PROPERTY LOCATED AT
6421 NORTHEAST 2ND AVENUE, MIAMI, FLORIDA, ("PROPERTY"), AS LEGALLY DESCRIBED
IN THE AGREEMENT, IN CONNECTION WITH THE DEVELOPMENT OF LITTLE HAITI PARK,
FOR A TOTAL PURCHASE PRICE OF $538,225 AND TO CONSUMMATE SAID TRANSACTION
IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT; ALLOCATING FUNDS, AT A
TOTAL AMOUNT NOT TO EXCEED $576,270, 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 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 Homeland Defense/Neighborhood Improvement Bond Issue; and
WHEREAS, the property located at 6421 Northeast 2nd Avenue, Miami, Florida ("Property"), is within the Park Project
boundaries and is necessary for the land assembly required for the Little Haiti Park Project; and
WHEREAS, an independent appraisal established $520,000 as the fair market value for the Property; and
WHEREAS, the Department of Economic Development prepared a Purchase and Sale Agreement ("Agreement")
between the City of Miami ("City") and Ben Pumo, Revocable Trust, attached and incorporated, to purchase the property for
$538,225, with a deposit of $50,000; and
WHEREAS, the Purchase Price exceeds the appraised value of $520,000 by $18,225; and
City of Miami Page 1 Printed on 7/27/2006
Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.(2)
City of Miami Page 2 Painted on 7/27/2006