HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 15-00365
Date: 3/10/2015
Commission Meeting Date: 4/9/2015
Law Department
Matter ID No.
14-2102
Requesting Department: Dept. of Real Estate & Asset Mgmt.
District Impacted: 2
Type: I Resolution n Ordinance ❑ Emergency Ordinance n Discussion Item
❑ Other
Subject: Resolution accepting property to be conveyed to the City of Miami by PRH NE 28th Street
LLC, located at approximately 455 NE 28th Street.
Purpose of Item:
A Resolution of the Miami City Commission, with attachment(s), authorizing the City Manager to accept,
pursuant to a Special Warranty Deed, the donation of a parcel of land located at approximately 455 NE 28th
Street, adjacent to PRH NE 28th Street LLC, a Florida Limited Liability Company ("Grantor"), as more
particularly described in Exhibit "A" ("Property"), to the City of Miami ("City"); the Grantor will cover all
costs associated with the transfer of the Property, including but not limited to the Survey, environmental report,
title insurance and closing costs further authorizing the City Manager to execute any necessary documents, in a
form acceptable to the City Attorney in order to effectuate said conveyance.
Background Information:
See Supplemental Page
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:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
SIGN AND DATE)
CIP N/A Budget
If using or receiving capital funds
Grants N/A Risk Managemen
Purchasing N/A Dept. Director
Chief City Manager
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SUPPLEMENTAL PAGE
Subject: Resolution accepting property to be conveyed to the City of Miami by PRH NE 28th Street
LLC, located at approximately 455 NE 28th Street.
Background Information:
PRH NE 28th Street ("Grantor") owns the property located at 455 NE 28th Street, Miami, Florida. The
Grantor intends to construct and develop a high-rise condominium with recreational amenities on the
Grantor's property known as Icon Bay ("Condominium").
The Grantor has requested permission from the City of Miami ("City" ).to construct certain
improvements within the property owned by the City located at 498 NE 28 Street, Miami, Florida,
Folio No. 01-3230-017-0420. The Grantor agreed to dedicate to the City, land adjacent to the
Grantor's property to be solely used and enjoyed as a park and has agreed to maintain said park in
perpetuity. In addition, the Grantor has agreed to contribute to the maintenance of the inlet adjacent
to the City's property.
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