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HomeMy WebLinkAboutResolutionJ-03-457 05/14/03 RESOLUTION NO. 03- 5 i i. A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE PAYMENT IN THE SUM OF $1,000,000 TO ST. JOHN COMMUNITY DEVELOPMENT CORPORATION, IN FULL AND COMPLETE SETTLEMENT OF ANY AND ALL CLAIMS AND DEMANDS AGAINST THE CITY OF MIAMI AND SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, IN THE CASE OF THE CITY OF MIAMI AND SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY VS. LYRIC VILLAGE HOUSING, INC. AND ST. JOHN COMMUNITY DEVELOPMENT CORPORATION, IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL CIRCUIT IN AND FOR MIAMI-DADE COUNTY, FLORIDA, CASE NO. 00-30414 CA (13), UPON DELIVERY OF A RELEASE FOR THE CITY OF MIAMI AND SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (CRA), ITS PRESENT AND FORMER OFFICERS, AGENTS AND EMPLOYEES FROM ANY AND ALL CLAIMS AND DEMANDS; ALLOCATING FUNDS FROM THE CITY'S GENERAL FUND INDEX CODE 001.000, IN THE SUM OF $195,000, HOME FUNDS INDEX CODE 198008.063615.4.339, IN THE SUM OF $665,417.32, CDBG FUNDS INDEX CODE 799126.457275.6.979, IN THE SUM OF $85,000, AND THE WAIVER AND RELEASE OF OUTSTANDING LIENS IN THE SUM OF $54,582.68. WHEREAS, The City of Miami and Community Redevelopment Agency ("CRA") filed a declaratory judgment action against Lyric Village Housing, Inc. ("LVHI") and St. John Community Development Corporation ("St. John CDC"), in the Circuit Court of the Eleventh Judicial District, Case No. 01-25455 CA (09), in Miami, Miami -Dade County, Florida; and CITY CQMMISSION MEETING U£ MAY 2 2 20113 Resolution iip. 03- 511 WHEREAS, LVHI and St. John CDC have filed counterclaims against the City of Miami and the CRA in connection therewith; and WHEREAS, the above claim has been investigated by the City Attorney's Office pursuant to Section 18-232 of the Code of the City of Miami, Florida, as amended, which created the City of Miami's Self -Insurance and Insurance Trust Fund and said Office recommends that the claim and lawsuit be settled for the sum of $1,000,000; 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 payment in the sum of $1,000,000 is authorized to St. John CDC, in full and complete settlement of any and all claims and demands against the City of Miami and Southeast Overtown/Park West Community Redevelopment Agency, in the case of City of Miami and Southeast Overtown/Park West Community Redevelopment Agency vs. Lyric Village Housing, Inc. and St. John Community Development Corporation, in the Circuit Court of the Eleventh Judicial Circuit in and for Miami -Dade County, Florida, Case No. 00-30414 CA (13), upon delivery of a Release for the City of Miami and the CRA, its present and former officers, agents and employees from any and all claims and Page 2 of 3 03- 511 demands, with funds allocated from the City's General Fund, Index Code No. 001.000, in the amount of $195,000, HOME Funds, Index Code 198008.063615.4.339, in the sum of $665,417.32, CDBG Funds, Index Code 799126.457275.6.979, in the sum of $85,000, and the waiver and release of outstanding liens in the sum of $54,582.68. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1" PASSED AND ADOPTED this 22nd day of May , 2003. ATTEST: ANUEL A. DIAZ, M PRISCILLA A. HO SON 7 CITY CLERK APPROVED • A AdIrrira Pr ARELLO 0 ' ORNEY KRM W7 a8:tr:AS 1/ ND CORRECTNESS:'/ 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 3 03- 511