HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #5079
Date: 11/05/2018
Commission Meeting Date: 11/15/2018
Requesting Department: Department of Real
Estate and Asset Management
Sponsored By: Joe Carollo
District Impacted: District 3
Type: Resolution
Subject: Purchase and Sale Agreement - Trino Ramos
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,
by a four -fifths (4/5ths) affirmative vote, between the City of Miami ("City") and Trino
Ramos ("Seller"), for the acquisition of real property located at 1211 Southwest 14
Street, Miami, Florida 33145 ("Property"); for a purchase price of Six Hundred Ninety -
Five Thousand Dollars ($695,000.00); allocating funds from the Office of Capital
Improvement ("OCI") Project No. 40-B183415, District 3 Park Land Acquisition, in a total
amount not to exceed Seven Hundred Forty Thousand Dollars ($740,000.00), 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 applicable
closing costs associated with said acquisition, in accordance with the terms and
conditions of the Agreement; 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.
Background Information:
The City of Miami ("City") wishes to acquire the real property located at 1211 Southwest
14 Street, Miami, Florida 33145 ("Property"). The City plans to construct a park that will
enhance the quality of life of residents in the surrounding area. Trino Ramos ("Seller")
has agreed to enter into a purchase and sale Agreement ("Agreement") with the City to
convey the Property to the City for a purchase price of Six Hundred Ninety -Five
Thousand Dollars ($695,000.00) ("Purchase Price"). Pursuant to Section 166.045(b),
Florida Statutes, entitled "Proposed Purchase of Real Property by Municipality;
Confidentiality of Records; Procedure," for each purchase in an amount in excess of
$500,000.00, the governing body shall obtain at least two (2) appraisals by appraisers
approved pursuant to Section 253.025, Florida Statutes. The City obtained two (2)
appraisal reports from licensed State of Florida certified appraisers. Section 166.045(b),
Florida Statutes, further states that if the agreed purchase price exceeds the average
price of the two (2) appraisals, the governing body is required to approve the purchase
by an extraordinary vote, a four -fifths (4/5ths) vote of the City Commission. The City's
estimated total cost for the acquisition of the Property will not exceed Seven Hundred
Forty Thousand Dollars ($740,000.00), with funds being allocated from the Office of
Capital Improvement ("OCI") Project No. 40-B183415, District 3 Park Land Acquisition.
Budget Impact Analysis
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$740,000
CIP Project No:
40-B183415 (D3 Park LAQ)
Real Estate and Asset Management
Office of Management and Budget
Office of Management and Budget
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
Reviewed B
Yvonne Hernandez
Yvette Smith
Christopher M Rose
Fernando Casamayor
Valentin J Alvarez
Nikolas Pascual
Valentin J Alvarez
Valentin J Alvarez
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
Department Head Review Completed 11/02/2018 12:14 PM
Budget Analyst Review Completed 11/05/2018 3:35 PM
Budget Review Completed 11/05/2018 4:29 PM
Assistant City Manager Review Completed 11/05/2018 5:42 PM
Legislative Division Review Completed 11/05/2018 5:46 PM
City Manager Review Completed 11/05/2018 6:20 PM
ACA DDD Skipped 11/05/2018 6:11 PM
Deputy City Attorney Review Skipped 11/05/2018 5:38 PM
Approved Form and Correctness Completed 11/05/2018 6:53 PM
Meeting Completed 11/15/2018 9:00 AM
Signed by the Mayor Completed 11/26/2018 3:38 PM
Signed and Attested by the City Clerk Completed 11/26/2018 4:09 PM
Rendered Completed 11/26/2018 4:09 PM
City of Miami
Legislation
Resolution
Enactment Number: R-18-0518
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 5079 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, BY A FOUR FIFTHS (4/5THS)
AFFIRMATIVE VOTE, BETWEEN THE CITY OF MIAMI ("CITY") AND TRINO RAMOS
("SELLER"), FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 1211
SOUTHWEST 14 STREET, MIAMI, FLORIDA 33145 ("PROPERTY"), FOR A
PURCHASE PRICE OF SIX HUNDRED NINETY FIVE THOUSAND DOLLARS
($695,000.00); ALLOCATING FUNDS FROM THE OFFICE OF CAPITAL
IMPROVEMENT ("OCI") PROJECT NO. 40-B183415, DISTRICT 3 PARK LAND
ACQUISITION, IN A TOTAL AMOUNT NOT TO EXCEED SEVEN HUNDRED FORTY
THOUSAND DOLLARS ($740,000.00), 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 APPLICABLE CLOSING COSTS ASSOCIATED
WITH SAID ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS
OF THE AGREEMENT; 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.
WHEREAS, the City of Miami ("City") wishes to acquire the real property located at 1211
Southwest 14 Street, Miami, Florida 33145 ("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, Trino Ramos ("Seller") has agreed to enter into a purchase and sale
Agreement ("Agreement") with the City, to convey the Property to the City, for a purchase price
of Six Hundred Ninety -Five Thousand Dollars ($695,000.00) ("Purchase Price"); and
WHEREAS, pursuant to Section 166.045(b), Florida Statutes, entitled "Proposed
Purchase of Real Property by Municipality; Confidentiality of Records; Procedure," for each
purchase in an amount in excess of $500,000.00, the governing body shall obtain at least two
(2) appraisals by appraisers approved pursuant to Section 253.025, Florida Statutes; and
WHEREAS, the City obtained two (2) appraisal reports from licensed State of Florida
certified appraisers; and
WHEREAS, Section 166.045(b), Florida Statutes, further states that if the agreed
purchase price exceeds the average price of the two (2) appraisals, the governing body is
required to approve the purchase by an extraordinary vote, a four -fifths (4/5ths) vote of the City
Commission; and
WHEREAS, the City's estimated total cost for the acquisition of the Property will not
exceed Seven Hundred Forty Thousand Dollars ($740,000.00), with funds being allocated from
the Office of Capital Improvement ("OCI") Project No. 40-B183415, District 3 Park Land
Acquisition;
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. Funding for the acquisition is to be allocated from the Office of Capital
Improvement ("OCI") Project No. 40-B183415, District 3 Park Land Acquisition, in a total amount
not to exceed Seven Hundred Forty Thousand Dollars ($740,000.00), to cover the cost of said
acquisition, inclusive of the cost of survey, environmental report, title insurance, demolition,
securing the Property, project signage, and applicable related closing costs in accordance with
the terms and conditions of the Agreement.
Section 4. 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 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS: