HomeMy WebLinkAboutR-23-0060City of Miami
Resolution R-23-0060
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 13269 Final Action Date: 1/26/2023
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 HIGHTOWN REALTY GROUP
LLC FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 145
SOUTHWEST 71 AVENUE, MIAMI, FLORIDA ("PROPERTY"), FOR A
PURCHASE PRICE OF FOUR HUNDRED TWENTY-FIVE THOUSAND
DOLLARS ($425,000.00); 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 OCI PROJECT NO. 40-B213414, DISTRICT 4 PARK AND
AFFORDABLE HOUSING LAND ACQUISITION, IN AN AMOUNT NOT TO
EXCEED FOUR HUNDRED SIXTY THOUSAND DOLLARS ($460,000.00) TO
COVER THE COST OF THE ACQUISITION INCLUDING SURVEYS,
ENVIRONMENTAL REPORTS, TITLE INSURANCE, DEMOLITION, SECURING
THE PROPERTY, PROJECT SIGNAGE, AND RELATED CLOSING COSTS,
ASSOCIATED WITH SAID ACQUISITION, 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 at 145
Southwest 71 Avenue, Miami, Florida ("Property"), which is owned by Hightown Realty Group
LLC ("Seller"); and
WHEREAS, the City plans to construct an affordable housing project on the Property
given the City's emergency need of affordable housing that is in the best interest of the City and
the community; and
WHEREAS, the Seller has agreed to enter into a Purchase and Sale Agreement
("Agreement") with the City to convey the Property for Four Hundred Twenty -Five Thousand
Dollars ($425,000.00); 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 Four
Hundred Twenty -Five Thousand Dollars ($425,000.00); and
WHEREAS, the City's estimated total cost for the acquisition of the Property will not
exceed Four Hundred Sixty Thousand Dollars ($460,000.00), with funds being allocated from
OCI Project No. 40-6213414, District 4 Park and Affordable Housing Land Acquisition;
City of Miami Page 1 of 2 File ID: 13269 (Revision:) Printed On: 6/26/2025
File ID: 13269 Enactment Number: R-23-0060
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 and incorporated 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 Four Hundred Twenty -Five Thousand Dollars ($425,000.00).
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 Four
Hundred Sixty Thousand Dollars ($460,000.00) from OCI Project No. 40-6213414, District 4
Park and Affordable Housing Land Acquisition.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
--
end" ez, City ttor
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: 13269 (Revision:) Printed on: 6/26/2025