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HomeMy WebLinkAboutLegislation SUBTHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. City of Miami Resolution R-23-0027 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13010 Final Action Date: 1/12/2023 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 2130 SW 9 ST LLC FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 2132 SOUTHWEST 9 STREET, MIAMI, FLORIDA ("PROPERTY"), FOR A PURCHASE PRICE OF TWO HUNDRED SIXTY-SEVEN THOUSAND DOLLARS ($267,000.00); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO THE AGREEMENT, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE THE ACQUISITION; ALLOCATING FUNDS FROM THE DISTRICT 4 ALLOCATION OF MIAMI FOREVER BOND DOLLARS FOR DISTRICT 4 PARK LAND ACQUISITION IN AN AMOUNT NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS ($300,000.00) TO COVER THE COST OF THE ACQUISITION INCLUDING SURVEYS, ENVIRONMENTAL REPORTS, TITLE INSURANCE, DEMOLITION, SECURING THE PROPERTY, PROJECT SIGNAGE, AND RELATED CLOSING COSTS, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. SPONSOR(S): Commissioner Manolo Reyes WHEREAS, the City of Miami ("City") wishes to acquire the property located at113 Southwest 9 Street, Miami, Florida ("Property"), which is owned by 2130 SW 9r_p1--LLCM`' ("Seller"); and WHEREAS, the City plans to construct a park on the Property that will e'nbance:the quality of life of residents in the surrounding area; and sr, WHEREAS, the Seller has agreed to enter into a Purchase and Sale Agreement ("Agreement") with the City to convey the Property for Two Hundred Sixty -Seven Thousand Dollars ($267,000.00); 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 of Two Hundred Sixty -Seven Thousand Dollars ($267,000.00); and WHEREAS, the City's estimated total cost for the acquisition of the Property will not exceed Three Hundred Thousand Dollars ($300,000.00), with funds being allocated from the District 4 allocation of Miami Forever Bond dollars for District 4 Park Land Acquisition; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 1 of 2 File ID: 13010 (Revision: A) Printed On: 1/19/2023 13010 Legislation SUB THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 13010 Enactment Number: R-23-0027 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 for the acquisition of the Property for Two Hundred Sixty -Seven Thousand Dollars ($267,000.00). Section 3. The City Manager is further authorized' to negotiate and execute any and all necessary documents, including amendments and modifications to the Agreement, all in forms acceptable to the City Attorney, as may be necessary to effectuate the acquisition. Section 4. Funding for the acquisition is to be allocated in an amount not to exceed Three Hundred Thousand Dollars ($300,000.00) from the District 4 allocation of Miami Forever Bond dollars for District 4 Park Land Acquisition. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 1/3/2023 dez, i y ttor 1/19/2023 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable City Charter and City Code provisions. City of Miami Page 2 of 2 File ID: 13010 (Revision: A) Printed on: 1/19/2023 SUBSTITUTED City of Miami Legislation Resolution File Number: 13010 City Hall 3500 Pan American Driv Miami, FL 33133 www.miamigov.co Final Actio Date: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE Y MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AG' ' EMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE ' ITY OF MIAMI ("CITY") AND 2130 SW 9 ST LLC FOR THE ACQUISITION OF r EAL PROPERTY LOCATED AT 2132 SOUTHWEST 9 STREET, MIAMI, F ORIDA ("PROPERTY"), FOR A PURCHASE PRICE OF TWO HUNDRED TY-SEVEN THOUSAND DOLLARS ($267,000.00); FURTHER AUTHORIZIN' THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFIC IONS TO THE AGREEMENT, ALL IN FORMS ACCEPTABLE TO THE CI ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE THE ACQUISITION; A OCATING FUNDS FROM THE DISTRICT 4 ALLOCATION OF MIAMI FOREVER .OND DOLLARS FOR DISTRICT 4 PARK LAND ACQUISITION IN AN AMOiNT NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS ($300,000.00) 'O COVER THE COST OF THE ACQUISITION INCLUDING SURVEYS, ENVIRO ENTAL REPORTS, TITLE INSURANCE, DEMOLITION, SECURING THE "ROPERTY, PROJECT SIGNAGE, AND RELATED CLOSING COSTS, IN ACC* "DANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. WHEREAS, the City of Miami ("City" wishes to acquire the property located at 2132 Southwest 9 Street, Miami, Florida ("Pro• •rty"), which is owned by 2130 SW 9 ST L1,C ("Seller"); and .71 WHEREAS, the City plans construct a park on the Property that will enh 1pe the A quality of life of residents in the s rounding area; and WHEREAS, the Selle as agreed to enter into a Purchase and Sale Agreement ("Agreement") with the City o convey the Property for Two Hundred Sixty -Seven Thousand Dollars ($267,000.00); a `L A� WHEREAS, t - City obtained an appraisal from a licensed State of Florida cei fiedCJ appraiser stating th the appraised value of the Property is at least the purchase price of Two Hundred Sixty-S- en Thousand Dollars ($267,000.00); and WHE AS, the City's estimated total cost for the acquisition of the Property will not exceed Thr- e Hundred Thousand Dollars ($300,000.00), with funds being allocated from the District 4 . location of Miami Forever Bond dollars for District 4 Park Land Acquisition; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MI A I, 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. SUBSTITUTED Section 2. The City Manager is authorized to execute the Agreement for the acquisition of the Property for Two Hundred Sixty -Seven Thousand Dollars ($267,000.00). Section 3. The City Manager is further authorized to negotiate and execute any and all necessary documents, including amendments and modifications to the Agreement, all in for acceptable to the City Attorney, as may be necessary to effectuate the acquisition. Section 4. Funding for the acquisition is to be allocated in an amount not to exc= ed Three Hundred Thousand Dollars ($300,000.00) from the District 4 allocation of Mia r Forever Bond dollars for District 4 Park Land Acquisition. Section 5. This Resolution shall become effective immediately upon its doption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: cxa erein authorization is further subject to compliance with all legal requirements that may be sed, including but not limited to those prescribed by applicable City Charter and City Code visions. 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission.