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HomeMy WebLinkAboutR-01126MMEMMEMM "SUPPORTIVE DOCUMENTS FOLLOW" RRS OL UP I01 NO. 1126. A RESOLUTION AUTHORIZING AND DIRECTING THE PURCHASE 01 THE PROPERTY KNOWN AS THE LE BLOND AND ORR PRO- PERTY, WHICH SAID PROPERTY IS HEREINAFTER D,680RIBOD. 'PROVIDING FOR THE SUM OF $100,000 TO BE PAID THERE- FOR, ON THE TERMS AND CONDITIONS SST FORTH IN THIS RESOLUTION. WHEREAS, the City Commission of the City of Miami, Florida, deem it necessary to acquire the property described as follows: Beginning at a point in the prolongation of the South line of S. W. 4th Street, as shown by the plat of the LeBlond and Orr Subdivision reoorded at page 1 of Plat Book 9, of the Public Records of Dade County, Florida, one hundred forty (140)feet Easterly from the East line of a.W. Secant Avenue, a000rding to said plat, and one hundred fifty (160) feet Easterly from the last line of Avenue "G", according to Knowlton's Lip of the City of Miami, said poi t of be- ginning being the Northeast Corner of the tract marked " City of Miami", on eaid plat of the LeBlond and Orr Sub- division; Thence oontinue North eighty-eight aegreee, three minutes and thirty-five seconds (88 3'35") rest, along said prolong- ation of the South line of a. w. 4th Street, for a distance of two hundred (200) feet, to a point in the Last line of said LeBlond and Orr Subdivision; Thenoe South one degree fifty-four minutes and twenty-five seconds (1054'26") Last, along said East line of the Le - Blond and Orr Subdivision, for a distance of five hundred ninety-three and ninety-five one hundredths (593.95) feet, to a point in the United States Harbor Line along the North side of the Miami River; Thenoe North eighty-five four seoonds (85007'341 a distance of forty and t to an angle in said Harbo 'Thence North eighty-four four seconds (84°07'44") a distance of one hundred aredtha (150.94) feet, to degrees, seven minutes and thirty West, along said Harbor Line for welve one hundredths (40.12) feet, r Line; degrees, seven minutes and forty- 14est, along said Harbor Line, for fifty and ninety-four one hun- an angle in said Harbor Line; Thence North sixty-six degrees, forty minutes am fifteen seoonds (66°40'15u) ,West, along said Harbor Line, for a distance of ten and seventy-three one hundredths (10.73) feet, to the mast line of the tract marked "City of Miami", oz, the said plat of the LeBloud and Orr Suodivie ion; Thence North .;ne degree, fifty-four minutes and twenty-five seconds (1°54'25") West, along ::aid Nast line of said tract mar.:ed "City of Miami", for a distance of five hundred six- ty-four and twenty-six one hundredths (564.26) feet, to the point of beginning. and WR4RrbS, the LeBlond and Orr Company has offered to sell to tie City of Miami, Florida, the above desoribed property, on the following terms: Five thousand dollars ( 5,000.00) in oaeh and "DOCUMENT INDEX ITEM NO. 6 -1- ninety-five thousand dollars (496,000.00) an or befor. ten C30) . years, with interest at the rate of sit per.sent per snnum, in. tereet being payable semi-annually, and the said balance of $96, 000 may be paid with Oity of Miami 6% *wioipnl. Bonds, at pe►!s'. NOW, TBASAFORB, BB IT RBSOLVBD by the Commission of the City of Miami, that the said offer of the LeBlond and Orr Oompavy to sell the said property to The City of Miami, for the said eboTh mentioned purohase pr ioe , and on said terms, be, and the same ti hereby aooepted. BB IT FURTHER RBSOLEBD that the City Manager be, and he is hereby, authorized and direoted to execute the note and mortgage on behalf of the City of Miami, for the balance of $96, 000.00, both the deed, mortgage and note subject to the approval and con- firmation of the U i ty attorney. BE IT FURTHER RESOLVED that the sum of $6,000.00 be and is hereby appropriated from the GEILfRAI, FUND, and the Direotor of Finanoe be, and he is hereby, authorized to issue the City's warrant for the said amount of $6,000.00, to the order of the LeBlond and Orr Company, and .the balance to be paid on or before 10 years as set forth in the deed and mortgage herein provided. PASSED AND ADOPTED this 27th day of November, A. D. 1923. ATTEST: CITY LERK