HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01002 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") BETWEEN THE CITY OF MIAMI ("CITY") AND THE
FEDERAL NATIONAL MORTGAGE ASSOCIATION, FOR THE ACQUISITION OF
THE PROPERTY LOCATED AT 1197 SOUTHWEST 19 AVENUE, MIAMI, FLORIDA,
CONTAINING A TOTAL LOT AREA OF 6,726 SQUARE FEET MORE OR LESS, AS
LEGALLY DESCRIBED IN THE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED
FORM, FOR ATOTAL PURCHASE PRICE OF TWO HUNDRED THIRTY SEVEN
THOUSAND NINE HUNDRED DOLLARS ($237,900.00); FURTHER AUTHORIZING
THE CITY MANAGER TO EXECUTE ANY DOCUMENTS, IN A FORM ACCEPTABLE
TO THE CITY ATTORNEY, WHICH ARE NECESSARY TO EFFECTUATE SAID
ACQUISITION; FUNDS ALLOCATED FROM THE CAPITAL IMPROVEMENT AND
TRANSPORTATION PROGRAM D4 PARK LAND ACQUISITION PROJECT B-50568,
IN THE TOTAL AMOUNT NOT TO EXCEED TWO HUNDRED FORTY SIX
THOUSAND DOLLARS ($246,000.00) TO COVER THE COST OF SAID
ACQUISITION INCLUSIVE OF THE COST OF THE SURVEY, ENVIRONMENTAL
REPORT, TITLE INSURANCE AND RELATED CLOSING COSTS, IN
ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT,
WHICH TERMS MAY BE AMENDED BY THE CITY MANAGER AS MAY BE
NECESSARY IN ORDER TO MEET THE BEST INTERESTS OF THE CITY.
WHEREAS, the City of Miami ("City") wishes to acquire the property located at 1197 Southwest
19 Avenue, Miami, Florida ("Property"), currently owned by the Federal National Mortgage. Association
("Seller"); and
WHEREAS, the City plans to construct a park at the Property to enhance the quality of life of
the surrounding area; and
WHEREAS, the City acknowledges and takes the Property subject to any liens pending with
the City; and
WHEREAS, Seller agrees to enter into a Purchase and Sale Agreement ("Agreement") to sell
the Property to the City for Two Hundred Thirty Seven Thousand Nine Hundred Dollars ($237,900.00);
and
WHEREAS, the Agreement is contingent upon the City obtaining a written appraisal from a
licensed Florida appraiser, stating that the appraised value is at least Two Hundred Thirty Seven
Thousand Nine Hundred Dollars ($237,900.00); and
WHEREAS, the City's total estimated cost for the acquisition of the Property will not exceed
Two Hundred Forty Six Thousand Dollars ($246,000.00), to be allocated from the Capital Improvement
and Transportation Program ("CITP") D4 Park Land Acquisition Project No. B-50568;
City of Miami Page 1 of 2 File Id: 15-01002 (Version: 1) Printed On: 8/21/2015
File Number: 15-01002
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 hereby
adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is authorized {1} to execute the Agreement between the City and
the Seller, for the acquisition of the property located at 1197 Southwest 19 Avenue, Miami, Florida,
containing a total lot area of 6,726 square feet more or less, as legally described in the Agreement, in
substantially the attached form, for a total purchase price of two hundred thirty seven thousand nine
hundred dollars ($237,900.00); further authorizing the City Manager to execute any documents, in a
form acceptable to the City Attorney, which are necessary to effectuate said acquisition.
Section 3. Funds are allocated from CITP D4 Park Land Acquisition Project B-50568 in the
total amount not to exceed two hundred forty six thousand dollars ($246,000.00), to cover the cost of
said acquisition inclusive of the cost of the survey, environmental report, title insurance, and related
closing costs associated with said acquisition.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {2}
APPROVED '.S TO FORM AND CORRECTNESS:
VICTORIA MENDEZ
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 (10) 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: 15-01002 (Version: 1) Printed On: 8/21/2015