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HomeMy WebLinkAboutR-18-0516City of Miami Resolution R-18-0516 Legislation 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. SPONSOR(S): Commissioner Manolo Reyes 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 City of Miami Page 1 of 2 File ID: 4949 (Revision:) Printed On: 4/7/2025 File ID: 4949 Enactment Number: R-18-0516 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 authorized' 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: rider City Attor 11/5/2018 City of Miami Page 2 of 2 File ID: 4949 (Revision:) Printed on: 4/7/2025