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HomeMy WebLinkAboutAgenda Item Cover PageAGENDA ITEM COVER PAGE File ID: #6902 Resolution Sponsored by: Commissioner Joe Carollo MAY BE WITHDRAWN A RESOLUTION OF THE MIAMI CITY COMMISSION, BY A FOUR FIFTHS (4/5THS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI ("CITY") AND ANA ELENA LEIGHTON ("SELLER") FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 1221 SOUTHWEST 14 STREET, MIAMI, FLORIDA 33145 ("PROPERTY") FOR A PURCHASE PRICE OF FOUR HUNDRED NINETY THOUSAND DOLLARS ($490,000.00); 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 FIVE HUNDRED TWENTY THOUSAND DOLLARS ($520,000.00) TO COVER THE COST OF SAID ACQUISITION INCLUSIVE OF THE COST OF APPRAISALS, SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE, DEMOLITION, SECURING THE PROPERTY, PROJECT SIGNAGE, AND RELATED APPLICABLE CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION AND IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ACQUISITION. City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 6902 Final Action Date:3/12/2020 MAY BE WITHDRAWN A RESOLUTION OF THE MIAMI CITY COMMISSION, BY A FOUR FIFTHS (4/5THS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI ("CITY") AND ANA ELENA LEIGHTON ("SELLER") FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 1221 SOUTHWEST 14 STREET, MIAMI, FLORIDA 33145 ("PROPERTY") FOR A PURCHASE PRICE OF FOUR HUNDRED NINETY THOUSAND DOLLARS ($490,000.00); 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 FIVE HUNDRED TWENTY THOUSAND DOLLARS ($520,000.00) TO COVER THE COST OF SAID ACQUISITION INCLUSIVE OF THE COST OF APPRAISALS, SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE, DEMOLITION, SECURING THE PROPERTY, PROJECT SIGNAGE, AND RELATED APPLICABLE CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION AND IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, ALL 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 1221 Southwest 14 Street, Miami, Florida 33145 ("Property"); and WHEREAS, the City plans to construct a park at the Property that will enhance the quality of life of residents in the surrounding area; and WHEREAS, Ana Elena Leighton ("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 Four Hundred Ninety Thousand Dollars ($490,000.00) ("Purchase Price"); and WHEREAS, the City obtained an appraisal from a licensed State of Florida certified appraiser pursuant to Section 166.045(b), Florida Statutes, stating that the appraised value of the Property is Four Hundred Eighty Thousand Dollars ($480,000.00); and WHEREAS, pursuant to Section 166.045(b), Florida Statutes, the City is required to approve the purchase of the Property by a four -fifths (4/5ths) vote of the City Commission as the purchase price exceeds the appraisal; and WHEREAS, the City's estimated total cost for the acquisition of the Property will not exceed Five Hundred Twenty Thousand Dollars ($520,000.00) with funds 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. By a four -fifths (4/5ths) affirmative vote of the City Commission, the City Manager is authorized' to negotiate and execute the Agreement, in a form acceptable to the City Attorney, between the City and Seller for the acquisition of the Property for the Purchase Price. Section 3. Funding for the acquisition is allocated from the OCI Project No. 40-B183415, District 3 Park Land Acquisition in a total amount not to exceed Five Hundred Twenty Thousand Dollars ($520,000.00) to cover the cost of said acquisition inclusive of the cost of appraisals, 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 any and all necessary documents, including amendments and modifications to said Agreement, all 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. APPROVED AS TO FORM AND CORRECTNESS: nd-LI e Attor ey 12/3/2019 ndez, City Attor ey 1/23/2020 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions