HomeMy WebLinkAboutR-24-0201City of Miami
Resolution R-24-0201
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16023 Final Action Date: 5/23/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING THE HIGHEST PAYING RESPONSIVE AND RESPONSIBLE BID
RECEIVED ON FEBRUARY 7, 2024, PURSUANT TO INVITATION TO BID
("ITB") NO. 23-24-012, FOR THE SALE OF CITY OF MIAMI ("CITY") SURPLUS
VACANT LAND LOCATED AT 471 SOUTHWEST 25TH ROAD, MIAMI,
FLORIDA ("PROPERTY") AT A PURCHASE PRICE OF EIGHT HUNDRED
FIFTY THOUSAND DOLLARS ($850,000.00); THE SALES PROCEEDS FROM
THE SALE OF THE PROPERTY, SHALL BE ALLOCATED RESPECTIVELY TO
PAY BACK THE FUNDING SOURCES USED FOR THE CITY'S INITIAL
ACQUISITION OF THE PROPERTY, PURSUANT TO RESOLUTION NO. R-19-
0146, ALLOCATING FUNDS TO THE RESPECTIVE COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG"), AND PURSUANT TO
RESOLUTION NO. R-19-0049, ALLOCATING FUNDS TO PROJECT NO. 40-
B183415, DISTRICT 3 PARK LAND ACQUISITION; AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE THE PURCHASE AND SALE
AGREEMENT ("AGREEMENT"), BETWEEN THE CITY AND SPECIALIZED
PROPERTIES LLC ("HIGHEST BIDDER"), IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, FOR THE SALE OF THE PROPERTY; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY
AND ALL NECESSARY DOCUMENTS, INCLUDING ANY AMENDMENTS AND
MODIFICATIONS TO SAID AGREEMENT, IN FORMS ACCEPTABLE TO THE
CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SUCH
TRANSACTION IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF
THE ITB, THE AGREEMENT, AND COMPLIANCE WITH ALL APPLICABLE
PROVISIONS OF THE CHARTER AND CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED, AND IN COMPLIANCE WITH ALL APPLICABLE
LAWS, RULES, AND REGULATIONS, AS MAY BE DEEMED NECESSARY;
FURTHER RATIFYING, APPROVING, AND CONFIRMING CERTAIN
NECESSARY ACTIONS BY THE CITY MANAGER AND DESIGNATED CITY
DEPARTMENTS IN ORDER TO UPDATE THE CAPITAL PLAN, RELEVANT
FINANCIAL CONTROLS AND COMPUTER SYSTEMS IN CONNECTION
THEREWITH, FOR PROJECT CLOSE-OUTS, AND FOR GRANTS AND
OTHER FUNDING SOURCES IN PROGRESS IN CONNECTION HEREWITH.
WHEREAS, the City of Miami ("City") is the fee simple owner of real property located at
471 Southwest 25th Road, Miami, Florida ("Property"); and
WHEREAS, the Property was never developed into the new park for which it was
originally acquired; and
City of Miami Page 1 of 3 File ID: 16023 (Revision:) Printed On: 7/29/2025
File ID: 16023 Enactment Number: R-24-0201
WHEREAS, the City, through its Department of Real Estate and Asset Management
("DREAM"), determined to sell the Property through a competitive solicitation process; and
WHEREAS, on November 3, 2023, DREAM issued Invitation to Bid ("ITB") No. 23-24-
012, for the sale of the Property to the highest paying responsive and responsible bidder, under
full and open competition; and
WHEREAS, the minimum bid requirement amount of Five Hundred Eighty Eight
Thousand Dollars ($588,000.00) for the Property was set above the average market value of the
two (2) appraisals obtained by DREAM from licensed State of Florida certified appraisers; and
WHEREAS, on February 7, 2024, four (4) bids were received and evaluated following
the guidelines published in the ITB, with the highest paying responsive and responsible bid
totaling Eight Hundred Fifty Thousand Dollars ($850,000.00) received from Specialized
Properties LLC ("Highest Bidder"), as indicated on the Recommendation for Award Memo,
signed by the City Manager, attached and incorporated hereto as Exhibit "A"; and
WHEREAS, the sales proceeds from the sale of the Property, shall be allocated
respectively to pay back the funding sources used for the City's initial acquisition of the same,
pursuant to Resolution No. R-19-0146, allocating funds to the respective Community
Development Block Grant ("CDBG"), and, pursuant to Resolution No. R-19-0049, allocating
funds to Project No. 40-6183415, 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
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The highest paying responsive and responsible bid received on February 7,
2024, pursuant to ITB No. 23-24-012 for the sale of the Property at a purchase price of Eight
Hundred Fifty Thousand Dollars ($850,000.00) is hereby accepted.
Section 3. The sales proceeds from the sale of the Property, shall be allocated
respectively to pay back the funding sources used for the City's initial acquisition of the
Property, pursuant to Resolution No. R-19-0146, allocating funds to the respective Community
Development Block Grant ("CDBG"), and, pursuant to Resolution No. R-19-0049, allocating
funds to Project No. 40-B183415, District 3 Park Land Acquisition.
Section 4. The City Manager is authorized' to negotiate and execute the Purchase and
Sale Agreement ("Agreement"), between the City and the Highest Bidder, in a form acceptable
to the City Attorney, for the sale of the Property.
Section 5. The City Manager is further authorized' to negotiate and execute any and all
necessary documents, including any amendments and modifications to said Agreement, in
forms acceptable to the City Attorney, as may be necessary to effectuate such transaction in
accordance with the terms and conditions of the ITB, the Agreement, and compliance with all
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 3 File ID: 16023 (Revision:) Printed on: 7/29/2025
File ID: 16023 Enactment Number: R-24-0201
applicable provisions of the Charter and Code of the City of Miami, Florida, as amended, and in
compliance with all applicable laws, rules, and regulations, as may be deemed necessary.
Section 6. Certain necessary actions by the City Manager and designated City officials
and departments made in order to update the Capital Plan, relevant financial controls and
computer systems in connection therewith, for project close-outs, and for grants and other
funding sources in progress in connection herewith are ratified, approved, and confirmed.
Section 6. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
rge Wyy ng III, C y ttor -y 5/14/2024
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.
City of Miami Page 3 of 3 File ID: 16023 (Revision:) Printed on: 7/29/2025