HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-16-0192
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00417
Version: 1
File Type: Resolution
Status: Passed
Reference: Controlling Body:
File Name: Exec. Purchase & Sale Agrmt. - 1301 SW 21 Ave. Introduced:
Requester: Department of Real Estate and Cost: Final Action:
Asset Management
Office of the City
Clerk
3/23/2016
4/28/2016
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
XANADU PROPERTIES 1301, L.L.C. ("SELLER"), FOR THE ACQUISITION OF THE REAL
PROPERTY LOCATED AT 1301 SOUTHWEST 21ST AVENUE, MIAMI, FLORIDA, ("PROPERTY"),
WITH AN APPROXIMATE TOTAL LOT AREA OF 8,587 SQUARE FEET, AS LEGALLY
DESCRIBED IN THE AGREEMENT, FOR A TOTAL PURCHASE PRICE OF THREE HUNDRED
THREE THOUSAND SEVEN HUNDRED TWENTY DOLLARS ($303,720.00), CONTINGENT
UPON THE CITY OBTAINING A WRITTEN APPRAISAL FROM A LICENSED FLORIDA
APPRAISER STATING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT A MINIMUM
THE REFERENCED AMOUNT HEREIN; FURTHER 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 IMPROVEMENTS AND TRANSPORTATION PROGRAM
PROJECT NO. B50568, DISTRICT 4 PARK LAND ACQUISITION, IN A TOTAL AMOUNT NOT TO
EXCEED THREE HUNDRED FIFTEEN THOUSAND DOLLARS ($315,000.00), TO COVER THE
COST OF SAID ACQUISITION, INCLUSIVE OF THE COST OF A 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: 16-00417 Summary Form.pdf,16-00417 Legislation.pdf,16-00417 Exhibit - Agreement.pdf,
History of Legislative File
Version: Acting Body: Date:
Action: Sent To: Due Date: Return Date: Result:
1
1
1
Office of the City 3/31/2016 Reviewed and
Attorney Approved
City Commission
4/28/2016 ADOPTED Pass
Office of the Mayor 5/10/2016 Signed by the Mayor Office of the City
Clerk
1 Office of the City Clerk 5/10/2016 Signed and Attested
by City Clerk
City of Miami Page 1 Printed on 5/3/2018
City of Miami
Master Report
Enactment Number: R-16-0192
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 Printed on 5/3/2018