HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-16-0045
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01650
Version: 1
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Exec. Purchase & Sale Agrmt - 12 SW 47 Ave. Introduced: 12/16/2015
Requester: Department of Real Estate and Cost:
Asset Management
Final Action: 1/28/2016
Title: 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 ("CITY") AND
THE FEDERAL NATIONAL MORTGAGE ASSOCIATION ("SELLER"), FOR THE ACQUISITION
OF THE REAL PROPERTY LOCATED AT 12 SOUTHWEST 47TH AVENUE, MIAMI, FLORIDA,
("PROPERTY"), WITH AN APPROXIMATE TOTAL LOT AREA OF 9,475 SQUARE FEET, AS
LEGALLY DESCRIBED IN THE AGREEMENT, FOR A TOTAL PURCHASE PRICE OF TWO
HUNDRED SEVENTY FOUR THOUSAND NINE HUNDRED DOLLARS ($274,900.00),
CONTINGENT UPON THE CITY OBTAINING A WRITTEN APPRAISAL FROM A LICENSED
FLORIDA APPRAISER STATING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT
MINIMUM THE REFERENCED AMOUNT HEREIN; AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE ALL OTHER DOCUMENTS, INCLUDING AMENDMENTS AND
MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ACQUISITION; WITH FUNDS
ALLOCATED FROM THE CAPITAL IMPROVEMENT AND TRANSPORTATION PROGRAM
PROJECT B-50568, DISTRICT 4 PARK LAND ACQUISITION, IN THE TOTAL AMOUNT NOT TO
EXCEED APPROXIMATELY TWO HUNDRED EIGHTY FIVE THOUSAND DOLLARS
($285,000.00), TO COVER THE COST OF SAID ACQUISITION, INCLUSIVE OF THE COST OF
THE SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE AND SUCH OTHER RELATED
CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, IN ACCORDANCE WITH THE
TERMS AND CONDITIONS OF THE AGREEMENT.
Sponsors:
Notes:
Indexes:
Attachments: 15-01650 Summary Form.pdf,15-01650 Legislation.pdf,15-01650 Exhibit.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 12/28/2015 Reviewed and
Attorney Approved
1 City Commission 1/28/2016 ADOPTED Pass
1 Office of the Mayor 2/4/2016 Signed by the Mayor Office of the City
Clerk
1 Office of the City Clerk 2/4/2016 Signed and Attested
by City Clerk
City of Miami Page 1 Printed on 4/18/2018
City of Miami
Master Report
Enactment Number: R-16-0045
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 Printed on 4/18/2018