Loading...
HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00533 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE CITY OF MIAMI AND CONSUMER SOLUTIONS REO LLC, A FLORIDA LIMITED LIABILITY COMPANY, FOR THE ACQUISITION OF THE PROPERTY LOCATED AT 1320 SOUTHWEST 12TH AVENUE, MIAMI, FLORIDA ("PROPERTY") AS LEGALLY DESCRIBED IN THE AGREEMENT, IN CONNECTION WITH THE RECONSTRUCTION OF THE LITTLE HAVANA COMMUNITY CENTER, FOR A TOTAL PURCHASE PRICE NOT TO EXCEED THIRTY-TWO THOUSAND DOLLARS ($32,000), AND TO CONSUMMATE THE TRANSACTION IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT; FURTHER AUTHORIZING THE ALLOCATION OF FUNDS, IN A TOTAL AMOUNT NOT TO EXCEED ONE HUNDRED THOUSAND DOLLARS ($100,000), FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT PREVIOUS YEARS CLOSE OUT FUNDS, APPROPRIATED TO COVER THE COSTS ASSOCIATED WITH THE ACQUISITION AND DEVELOPMENT OF THE PROPERTY, INCLUDING BUT NOT LIMITED TO SURVEYS, ENVIRONMENTAL REPORTS, AND TITLE INSURANCE; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ANY NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO ACCOMPLISH THE ACQUISITION OF THE PROPERTY. WHEREAS, the City of Miami ("City") has plans to reconstruct the Little Havana Community Center located at 1300 Southwest 12 Avenue, Miami, Florida, to enhance the quality of life for all who visit the neighborhood; and WHEREAS, the City wishes to acquire the property currently under foreclosure, located at 1320 Southwest 12 Avenue, Miami, Florida ("Property"), abutting the Little Havana Community Center, to enhance the development of the community center; and WHEREAS, the Property, containing 3,175 square feet is contiguous to the community center; and WHEREAS, Consumer Solutions REO LLC, a Florida corporation, the owner of the Property, has submitted a Willing Owner Statement and will enter into a Purchase and Sale Agreement, to sell the Property to the City for Thirty -Two Thousand Dollars ($32,000); and WHEREAS, one independent appraisal was procured and established $32,000 as the average fair market value for the Property; and WHEREAS, pursuant to Resolution No. , adopted July 14, 2011, the City Commission authorized the transfer of Community Development Block Grant Funds from the Capital Improvement Program Office Little Havana Community Center Project in the amount of $100,000 to the Department City of Miami Page 1 of 2 File Id: 11-00533 (Version: 1) Printed On: 6/23/2011 File Number. 11-00533 of Public Facilities for the purchase and development of the site; and WHEREAS, the City's estimated cost for the acquisition and development of the Property will not exceed One Hundred Thousand Dollars ($100,000); 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 City Manager is authorized{1} to execute a Purchase and Sale Agreement ("Agreement"), in substantially the attached form, between the City and Consumer Solutions REO LLC, a Florida Limited Liability Corporation, for the acquisition of the Property, in connection with the reconstruction of the Little Havana Community Center, for a total purchase price not to exceed Thirty -Two Thousand Dollars ($32,000), and to consummate the transaction in accordance with the terms of the Agreement. Section 3. The allocation of funds, in a total amount not to exceed One Hundred Thousand Dollars ($100,000) from the Community Development Block Grant previous years close out funds, appropriated to cover the costs associated with the acquisition and development of the Property, including but not limited to surveys, environmental reports, and title insurance, is authorized. Section 4. The City Manager is further authorized{1} to execute any necessary documents, in a form acceptable to the City Attorney, to accomplish the acquisition of the Property. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVED AS TO FORM AND CORRECTNESS JULIE O. BRU 7 CITY ATTORNEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions {2} 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 2 of 2 File Id: 11-00533 (Version: 1) Printed On: 6/23/2011