HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-14-0208
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00454
Version: 2
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Purchase Properties - 602 & 614 S. Miami Ave.
Requester: Department of Public Facilities Cost:
Introduced: 5/5/2014
Final Action: 5/22/2014
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING
THE CITY MANAGER TO EXECUTE A CONTRACT FOR SALE AND PURCHASE
("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE CITY OF
MIAMI AND THE BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND
OF THE STATE OF FLORIDA, FOR THE ACQUISITION OF THE PROPERTIES LOCATED AT 602
SOUTH MIAMI AVENUE AND 614 SOUTH MIAMI AVENUE, MIAMI, FLORIDA
(COLLECTIVELY THE "PROPERTY"), AS LEGALLY DESCRIBED IN THE AGREEMENT, IN
CONNECTION WITH THE TRAFFIC IMPROVEMENT PROJECT AT 6TH STREET AND MIAMI
AVENUE, MIAMI, FLORIDA, FOR A TOTAL PURCHASE PRICE OF FOUR MILLION SEVEN
HUNDRED THOUSAND DOLLARS ($4,700,000.00) AND TO FINALIZE THE TRANSACTION IN
ACCORDANCE WITH THE TERMS OF THE AGREEMENT; ALLOCATING FUNDS, IN A TOTAL
AMOUNT NOT TO EXCEED FOUR MILLION EIGHT HUNDRED SIXTY FIVE THOUSAND
DOLLARS ($4,865,000.00) FROM THE FOLLOWING FUNDING SOURCES: (I) THE DONATION
MADE BY BCC ROAD IMPROVEMENT, LLC., ("BCC") PURSUANT TO RESOLUTION NO.
14-0207, ADOPTED MAY 22, 2014, IN THE AMOUNT OF FOUR MILLION ONE HUNDRED
SIXTY FIVE THOUSAND DOLLARS ($4,165,000.00); AND (II) SEVEN HUNDRED THOUSAND
DOLLARS ($700,000.00) FROM 6TH STREET EASEMENT FEES MADE BY SWIRE PROPERTIES,
INC., TO COVER THE COSTS ASSOCIATED WITH THE ACQUISITION 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.
Sponsors:
Notes:
Indexes:
Attachments: 14-00454 Summary Form.pdf,14-00454 Notice to the Public.pdf,14-00454 Legislation.pdf,14-00454
Exhibit - Agreement.pdf,14-00454-Submittal-Spencer Crowley-Presentation.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
2 Office of the City 5/16/2014 Review Pending
Attorney
2 Office of the City 5/22/2014 Reviewed and
Attorney Approved
Action Note: MODIFICATIONS MADE TO RESOLUTION
City of Miami Page 1 Printed on 1/3/2018
City of Miami
Master Report
Enactment Number: R-14-0208
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City Commission
Office of the Mayor
5/22/2014 ADOPTED WITH
MODIFICATIONS
6/2/2014 Signed by the Mayor Office of the City
Office of the City Clerk 6/2/2014
Signed and Attested
by City Clerk
Clerk
Pass
City of Miami Page 2 Printed on 1/3/2018