HomeMy WebLinkAboutCRA-R-21-0039 1520 NW 1st CT_Purchase Letterat*
Omni
C>,A
February 17, 2021,
Damodar Airan
9310 SW 71 Ave,
Miami, Florida 33156
RE: Property Address —1520 NW 1st Court, Miami. FL 33136 {1 olio No.: 01-3125-048-1440}
Dear Mr. Airan:
The Omni Redevelopment District Community Redevelopment Agency ("Omni CRA") is interested in
purchasing your listing located at the above referenced address. If the Seller is interested in discussing
this matter further, the Omni CRA kindly requests that you provide written confirmation of your Seller's
willingness to pursue a possible sale subject to the following conditions:
1. The Omni CRA will obtain, at Omni CRA's expense, a written appraisal from a Florida State -Certified
appraiser, stating that the appraised value of the above referenced property is at least $400,000.00;
2. A Phase I Environmental Site Assessment (and/or a Phase II Environmental Assessment if deemed
necessary);
3. Seller shall clear all the title issues prior to closing;
4. Seller shall vacate any and all tenants at Seller's sole cost and expense prior to closing;
5. The transaction shall be a cash purchase with no fmancing conditions;
6. Purchase shall be subject to Omni CRA Board approval.
This letter constitutes the Omni CRA's willingness to proceed and to negotiate a mutually acceptable
formal Purchase Agreement. It is understood that no legal rights or obligations shall arise by virtue of this
Letter of Intent, and neither party shall be bound by the terms hereof, unless and until the execution and
delivery of a formal, written Purchase Agreement for the subject property has been mutually executed and
delivered by duly authorized representatives of both parties.
If the Seller is interested in selling the above referenced property and would like us to further explain the
CRA's process for purchase of properties, please contact Jason Walker, Executive Director of Omni CRA
at (305) 679-6868 or email
Sincerely,
Jason Walker, Executive Director
cc: Anthony Balzebre, Assistant Director
Omni Community Redevelopment Agency Alex Diaz De La Portilla, Chairman Jason Walker, Executive Director
1401 N. Miami Ave. Miami, FL 33136 • www.omnicra.com 305.679.6868