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AGENDA ITEM SUMMARY FORM`=�
FILE ID: 0 7 - Q I '/DO
Date: October 25, 2007 Requesting Department: Public Facilities (Asset Mngt)
Commission Meeting Date: December 13, 2007 District Impacted: 5
Type: FM Resolution
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Ordinance f 1 Emergency Ordinance I I Discussion Item
Subject: Sale of city -owned Cluc90 property located at 1494 NW 58 Terrace, Miami, Florida
Purpose of Item:
A Resolution of the Miami City Commission, with attachment(s), declaring surplus and approving the
sale of the city -owned property located at 1494 NW 58 Terrace, Miami, Florida ("Property"), as more
particularly described in Exhibit "A" attached hereto and made a part hereof, to A J Roberts, a single
man, for the purchase price of Seven Thousand Two Hundred Eighty -Five dollars ($7,285.00); further
authorizing the City Manager to execute an agreement for purchase and sale, in substantially the form
attached, and to execute such other documents as may be necessary to consummate such transaction in
accordance with the terms and conditions of the agreement, which terms may be amended by the City
Manager as may be necessary in order to meet the best interests of the City.
Background Information:
See Supplemental Sheet.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
If using or receiving capit1 funds
Grants
Final Approvals
(SIGN AND DATE)
Budget
OM
Risk Manage
Irchasing✓ A Dept. Directo
iei.�._._� ..�. 1.,�.u..,,.,.,City Manager
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SUPPLEMENTAL SHEET
Subject: Sale of city- owned Cluc90 property located at 1494 NW 58 Terrace, Miami, Florida
Background Information:
The Property located at 1494 NW 58 Terrace, Miami, Florida, which contains approximately 2,332 sq.
ft. ("Property") was conveyed to the City of Miami ("City") by Miami -Dade County in connection with
delinquent taxes under provisions of Florida Statute Section 197.592, as amended. The Board of County
Commissioners determined that the Property is of insufficient size, shape, location, value and is of use to
only adjacent property owners. Currently the Property sits vacant, represents a maintenance cost and
liability to the City and does not generate ad valorem taxes. The City contacted the adjacent property
owners, inquiring if there was an interest in purchasing the Property. A J Roberts was the only adjacent
property owner that was interested in this property and has agreed to pay the City a purchase price of
Seven Thousand Two Hundred Eighty -Five dollars ($7,285.00) or approximately $3.12 per sq. ft. for
this parcel. The adjacent property is been utilized as a residential site and the owner wishes to purchase
the City's parcel to increase the square footage of his property. Section 29B of the City of Miami
Charter provides an exemption from the competitive bidding requirements and return of fair market
value when disposing of City -owned property acquired in connection with delinquent taxes. The
Property will be conveyed "as is" and "where is" and the City will not warrant the sufficiency of its title
nor any interest it may have in the property.
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