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HomeMy WebLinkAboutSummary Form 06-09-11AGENDA ITEM SUMMARY FORM FILE ID: Cr, `6 gs Date: 5/24/2011 Commission Meeting Date: 6/9/2011 Requesting Department: Public Facilities . District. Impacted: 5 Type: X 'Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other. Subject: Conveyance of the City owned property located at 480 NW 11 Street,commonly known as the Old Black Police Precinct, to the Southeast Overtown Park West CRA Law Department Matter ID No. 10-2723 Purpose of Item: A Resolution of the Miami City Commission, with attachment(s), declaring surplus and authorizing the City Manager to execute a Quit Claim Deed, with reverter provisions, in substantially the attached form, conveying at no cost to the Southeast Overtown Park West Community Redevelopment Agency ("SEOPW CRA"), the City -owned property located at 480 NW 11 Street, Miami, Florida, in "as is" and "where is" condition, as more particularly described in Exhibit "A" attached hereto and made a part hereof. Further authorizing the City Manager to execute all documents that may be necessary to effectuate said conveyance and to comply with requirements of the Internal Revenue Code of 1986, as amended and the City's Homeland Defense/Neighborhood Capital Improvements Bond Program subject to an approving opinion of Bond Counsel. Background Information: See attached. Budget Impact Analysis NO 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: $0 Maintenance Cost: $0 Total Fiscal Impact: $0 CIP N/A Final Approvals (SIGN AND DATE) Budget If using or receiving capital funds Grants N/A Risk Managemen Pur N/A Dept. Director Chief _ /jCity Manager Page 1of2 N/A Subject: Conveyance of the City owned property located at 480 NW 11 Street, commonly known as the Old Black Police Precinct, to the Southeast Overtown Park West CRA Background Information: The City of Miami is the owner of the property located at 480 NW 11 Street, Miami, Florida, commonly known as the Old Black Police Precinct. Since 2001, the City of Miami Retired Police Officers Community Benevolent Association, Inc. (POCBA), a Florida not -for -profit corporation, consisting of the former police officers that were stationed at the Old Black Police Precinct, have been working with the City to restore the precinct and courthouse and create the Black Police Precinct and Courthouse Museum. The Property lies within the Southeast Overtown Park West Community Redevelopment District ("SEOPW CRA"). Section 29-B of the City Charter allows for the conveyance or disposition of City -owned property in connection with the implementation of projects authorized under the Florida Community Redevelopment Act of 1969 without being subject to competitive bidding requirements and fair market value return to the City. The SEOPW CRA agrees that immediately upon issuance of the Quit Claim Deed, they shall enter into an Agreement with POCBA for the use and management of the building. Page 2 of 2