HomeMy WebLinkAboutResolutionCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01042 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BYA
FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY
MANAGER TO EXERCISE THE OPTION TO PURCHASE THE PROPERTY
LOCATED AT 3188 SOUTHWEST 16TH TERRACE, MIAMI, FLORIDA , AS
LEGALLY DESCRIBED IN THE OPTION AGREEMENT BETWEEN THE CITY OF
MIAMI AND LPR ENTERPRISES OF MIAMI, INC., A FLORIDA CORPORATION,
ATTACHED AND INCORPORATED, IN CONNECTION WITH THE DEVELOPMENT
OF A FIRE STATION, FORA TOTAL PURCHASE PRICE NOT TO EXCEED
$1,371,375, AND TO CONSUMMATE SAID TRANSACTION IN ACCORDANCE
WITH THE TERMS OF SAID OPTION AGREEMENT; ALLOCATING FUNDS IN THE
AMOUNT NOT TO EXCEED $1,416,375, FROM THE NEIGHBORHOOD FIRE
STATIONS AND TRAINING FACILITY PROJECT ACCOUNT NO. 313306.289307
APPROPRIATED FROM THE $255 MILLION HOMELAND
DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND FOR COST INCLUDING BUT
NOT LIMITED TO SURVEYS, APPRAISALS, ENVIRONMENTAL REPORTS, TITLE
INSURANCE AND OTHER COSTS ASSOCIATED WITH SAID ACQUISITION.
WHEREAS, on December 12, 2002, the City Commission adopted Resolution No. 02-1294 which
authorized and approved certain projects to be funded from the Homeland Defense/Neighborhood
Improvement Bond Funds; and
WHEREAS, on July 17, 2003, the City Commission adopted Ordinance No. 12380, as amended,
the Capital Projects Appropriations Ordinance, to appropriate $15,750,000 available from the
Homeland Defense/Neighborhood Improvement Bond Proceeds for various capital improvement
purposes including appropriating $5,500,000 to the Neighborhood Fire Stations and Training Facility
Project Account No. 313306; and
WHEREAS, the Department of Fire -Rescue has established that there is a need to add a fire
station in the Coral Way area of the City of Miami to improve emergency response time ("Coral Way
Fire Station Project"); and
WHEREAS, two independent appraisals were procured and established One Million One Hundred
Ninety -Two Thousand Five Hundred Dollars ($1,192,500) as the average fair market value for the
property located at 3188 Southwest 16th Terrace, Miami, Florida ("Property"); and
WHEREAS, the Purchase Price exceeds the appraised value by fifteen percent (15%); and
WHEREAS, the Department of Economic Development prepared, and the City Manager
executed, an Option to Purchase Real Property Agreement ("Option Agreement") to purchase the
Property for $1,371,375, with an option payment of $1,000; and
WHEREAS, it is a condition precedent to the validity of the Option Agreement and its execution by
City of Miami Page 1 of 2 File Id: 04-01042 (Version: 2) Printed On: 9/13/2024
File Number: 04-01042
the City Manager that the City Commission approve the Option Agreement by a greater majority of a
four -fifths (4/5ths) vote of its members; and
WHEREAS, failing such approval the Option Agreement shall be automatically null and void
without the necessity of further action by either party;
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. By a four -fifths (4/5ths) affirmative vote, the City Manager is authorized{1} to exercise
the option to purchase property located at 3188 Southwest 16th Terrace, Miami, Florida, as legally
described in the Option Agreement between the City and LPR Enterprises of Miami, Inc., a Florida
Corporation, attached and incorporated, to purchase said property, as legally described in "Exhibit A,"
attached and incorporated, in connection with development of a Fire Station, with a total purchase
price not to exceed $1,371,375 and to consummate said transaction in accordance with the terms of
said Option Agreement, with funds allocated in the amount not to exceed $1,416,375, from the
Neighborhood Fire Stations and Training Facility Project Account No. 313306.289307 appropriated
from the $255 Million Homeland Defense/Neighborhood Improvement Bond for costs including but
not limited to surveys, appraisals, environmental reports, title insurance and other costs associated
with said acquisition.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNESS:
JORGE L. FERNANDEZ
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: 04-01042 (Version: 2) Printed On: 9/13/2024