HomeMy WebLinkAboutPre-LegislationCity of Miami
Legislation
Resolution: R-04-0268
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00242 Final Action Date:4/22/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, APPROVING THE
ACQUISITION OF THE FOUR (4) PROPERTIES AT THE PRICE LISTED ON
"ATTACHMENT 1," ATTACHED AND INCORPORATED, ON BEHALF OF THE
MODEL CITY COMMUNITY REVITALIZATION DISTRICT TRUST ("TRUST")
WITH THE APPROPRIATE PROVISIONS; UTILIZING FUNDS DESIGNATED
FOR THE TRUST IN THE FISCAL YEAR 2004 BUDGET.
WHEREAS, the Model City Community Revitalization District Trust ("Trust") was established,
pursuant to Ordinance No. 12082, as a limited agency and instrumentality of the City of Miami
("City"); and
WHEREAS, it is in the best interest of the City and of the Trust that the purchase price of each
individual property to be acquired be approved by the Board of Directors of the Trust; and
WHEREAS, it is in the best interest of the City that the City Commission approve the purchase
price of each individual property; and
WHEREAS, the Trust has approved contracts with the property owners for purchase prices
that exceed 15% above the average of the two appraisals; and
WHEREAS, Florida State law authorizes the governing body of a municipality to purchase a
property for an amount in excess of appraisal by a four -fifths (4/5ths) vote;
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 acquisition of the four (4) properties, at the price listed in "Attachment 1,"
attached and incorporated, on behalf of the Trust with the appropriate provisions, is approved,
utilizing funds designated for the Trust in the budget for Fiscal Year 2004.
Section 3, This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{1}
City of Miami Page 1 of 2 Printed On: 6/20/2007
File Number: 04-00242 Enactment Number.• R-04-0268
Footnotes :
{1} 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.
City of Miami Page 1 of 2 Printed On:: 6/20/2007