HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #4949
Date: 10/30/2018
Commission Meeting Date: 11/15/2018
Requesting Department: Department of Real
Estate and Asset Management
Sponsored By: Manolo Reyes
District Impacted: District 4
Type: Resolution
Subject: Parkland Purchase - 632 SW 63rd Avenue
Purpose of the Item:
A Resolution of the Miami City Commission, authorizing the City Manager to execute a
Purchase and Sale Agreement ("Agreement"), in a form acceptable to the City Attorney,
between the City of Miami ("City") and Leblond Investors Group, LLC ("Seller"), for the
acquisition of real property located at 632 Southwest 63 Avenue, Miami, Florida
("Property"), for a purchase price of Three Hundred Fifty -Eight Thousand Dollars
($358,000.00); further authorizing the City Manager to negotiate and execute all
necessary documents, including amendments and modifications to said Agreement, in a
form acceptable to the City Attorney, as may be necessary to effectuate said
acquisition; allocating funds in an amount not to exceed Four Hundred Thousand
Dollars ($400,000.00) from Parks Impact Fees in the Shenandoah Park Enhancement
Project No. B-303304A to the Office of Capital Improvements Project No. B-50568,
District 4 Park Land Acquisition, to cover the cost of said acquisition, inclusive of the
cost of survey, environmental report, title insurance, demolition, securing the Property,
project signage and related closing costs associated with said acquisition, in
accordance with the terms and conditions of the Agreement; authorizing and directing
the City Manager and City administration to amend the City's Multi -Year Capital Plan for
Fiscal Year 2018-2019 accordingly.
Background Information:
The City of Miami ("City") wishes to acquire real property located at 632 Southwest 63
Avenue, Miami, Florida ("Property"). The City plans to construct a park that will enhance
the quality of life of residents in the surrounding area. Leblond Investors Group, LLC
("Seller") has agreed to enter into a Purchase and Sale Agreement ("Agreement") with
the City to convey the Property to the City for the amount of Three Hundred Fifty -Eight
Thousand Dollars ($358,000.00). The City obtained an appraisal from a licensed State
of Florida certified appraiser stating that the appraised value of the Property is at least
the purchase price of Three Hundred Fifty -Eight Thousand Dollars ($358,000.00). The
City's estimated total cost for the acquisition of the Property will not exceed Four
Hundred Thousand Dollars ($400,000.00), with funds being allocated from Parks Impact
Fees in the Shenandoah Park Enhancement Project No. B-303304A to the Office of
Capital Improvements Project No. B-50568, District 4 Park Land Acquisition. The funds
shall be returned to the Shenandoah Park Enhancement Project No. B-303304A from
the sale proceeds of surplus City -owned property located in District 4, at 2601
Southwest 13th Street, Miami, Florida. Authorizing and directing the City Manager and
City administration to amend the City's Multi -Year Capital Plan for Fiscal Year 2018-
2019 accordingly.
Budget Impact Analysis
Item is an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$400,000
CIP Project No:
B-50568 (D4 Park LAQ)
Reviewed B
Real Estate and Asset Management Aldo Bustamante
Office of Management and Budget Yvette Smith
Office of Management and Budget Christopher M Rose
City Manager's Office
Legislative Division
City Manager's Office
Department of Fire -Rescue
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
Fernando Casamayor
Valentin J Alvarez
Nikolas Pascual
Daniel Diaz
Valentin J Alvarez
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
Department Head Review Completed 10/10/2018 6:52 AM
Budget Analyst Review Completed 10/16/2018 8:23 AM
Budget Review Completed 11/02/2018 9:03 AM
Assistant City Manager Review Completed 11/02/2018 4:40 PM
Legislative Division Review Completed 11/02/2018 5:35 PM
City Manager Review Completed 11/05/2018 2:55 PM
ACA Review Completed 11/05/2018 4:19 PM
Deputy City Attorney Review Skipped 11/05/2018 5:33 PM
Approved Form and Correctness Completed 11/05/2018 5:38 PM
Meeting Completed 11/15/2018 9:00 AM
Signed by the Mayor Completed 11/26/2018 3:37 PM
Signed and Attested by the City Clerk Completed 11/26/2018 4:06 PM
Rendered Completed 11/26/2018 4:07 PM
City of Miami
Legislation
Resolution
Enactment Number: R-18-0516
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4949 Final Action Date:11/15/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE CITY
MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"),
IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF
MIAMI ("CITY") AND LEBLOND INVESTORS GROUP, LLC ("SELLER"), FOR THE
ACQUISITION OF REAL PROPERTY LOCATED AT 632 SOUTHWEST 63 AVENUE,
MIAMI, FLORIDA ("PROPERTY"), FOR A PURCHASE PRICE OF THREE HUNDRED
FIFTY-EIGHT THOUSAND DOLLARS ($358,000.00); FURTHER AUTHORIZING THE
CITY MANAGER TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS,
INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A
FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO
EFFECTUATE SAID ACQUISITION; ALLOCATING FUNDS IN AN AMOUNT NOT TO
EXCEED FOUR HUNDRED THOUSAND DOLLARS ($400,000.00) FROM PARKS
IMPACT FEES IN THE SHENANDOAH PARK ENHANCEMENT PROJECT NO. B-
303304A TO THE OFFICE OF CAPITAL IMPROVEMENTS PROJECT NO. B-50568,
DISTRICT 4 PARK LAND ACQUISITION, TO COVER THE COST OF SAID
ACQUISITION, INCLUSIVE OF THE COST OF SURVEY, ENVIRONMENTAL
REPORT, TITLE INSURANCE, DEMOLITION, SECURING THE PROPERTY,
PROJECT SIGNAGE AND RELATED CLOSING COSTS ASSOCIATED WITH SAID
ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE
AGREEMENT; AUTHORIZING AND DIRECTING THE CITY MANAGER AND CITY
ADMINISTRATION TO AMEND THE CITY'S MULTI -YEAR CAPITAL PLAN FOR
FISCAL YEAR 2018-2019 ACCORDINGLY.
WHEREAS, the City of Miami ("City") wishes to acquire the property located at 632
Southwest 63Avenue, Miami, Florida ("Property"); and
WHEREAS, the City plans to construct a park that will enhance the quality of life of
residents in the surrounding area; and
WHEREAS, Leblond Investors Group, LLC ("Seller") has agreed to enter into a
Purchase and Sale Agreement ("Agreement") with the City to convey the Property to the City for
the amount of Three Hundred Fifty -Eight Thousand Dollars ($358,000.00) ("Purchase Price");
and
WHEREAS, the City obtained an appraisal from a licensed State of Florida certified
appraiser stating that the appraised value of the Property is at least the Purchase Price; and
WHEREAS, the City's estimated total cost for the acquisition of the Property will not
exceed Four Hundred Thousand Dollars ($400,000.00), with funds being allocated from Parks
Impact Fees in the Shenandoah Park Enhancement Project No. B-303304A to the Office of
Capital Improvements Project No. B-50568, District 4 Park Land Acquisition; and
WHEREAS, the funds shall be returned to the Shenandoah Park Enhancement Project
No. B-303304A from the sale proceeds of surplus City -owned property in District 4 located at
2601 Southwest 13th Street, Miami, Florida, 33145; and
WHEREAS, the allocations herein will require the City Manager and City administration
to amend the City's Multi -Year Capital Plan for Fiscal Year 2018-2019 accordingly;
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 to execute the Agreement, between the City
and Seller, for the acquisition of the Property, for the Purchase Price.
Section 3. The City Manager is further authorized1 to negotiate and execute all
necessary documents, including amendments and modifications to said Agreement, in a form
acceptable to the City Attorney, as may be necessary to effectuate said acquisition.
Section 4. Funding for the acquisition is to be allocated in an amount not to exceed Four
Hundred Thousand Dollars ($400,000.00) from Parks Impact Fees in the Shenandoah Park
Enhancement Project No. B-303304A to the Office of Capital Improvements Project No. B-
50568, District 4 Park Land Acquisition, to cover the cost of said acquisition inclusive of the cost
of survey, environmental report, title insurance, demolition, securing the Property, project
signage, and related closing costs in accordance with the terms and conditions of the
Agreement.
Section 5. The City Manager is authorized' to amend the City's Multi -Year Capital Plan
for Fiscal Year 2018-2019 accordingly.
Section 6. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor ey 11/5/2018