HomeMy WebLinkAboutR-25-0353City of Miami
Resolution R-25-0353
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 18086 Final Action Date: 9/11/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
CITY MANAGER TO NEGOTIATE AND EXECUTE A PURCHASE AND SALE
AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, BETWEEN THE CITY OF MIAMI ("CITY") AND 29 NW 28
STREET, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("SELLER"), FOR
THE ACQUISITION OF REAL PROPERTY IDENTIFIED AS FOLIO NUMBER
01-3125-028-1070, LOCATED AT 29 NW 28 ST, MIAMI, FLORIDA
("PROPERTY"), FOR A PURCHASE PRICE OF THREE MILLION ONE
HUNDRED FIFTY THOUSAND DOLLARS ($3,150,000); FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL
NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND
MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID
ACQUISITION; FURTHER AUTHORIZING THE CITY MANAGER TO ACCEPT
FUNDING FOR THE ACQUISITION FROM THE WYNWOOD BUSINESS
IMPROVEMENT DISTRICT ("BID") AND ITS PUBLIC BENEFITS TRUST FUND
COMMITTEE ("COMMITTEE") FOR AN AMOUNT NOT TO EXCEED THREE
MILLION SIX HUNDRED THOUSAND DOLLARS ($3,600,000.00) TO BE
DEPOSITED TO CAPITAL FUND 34000 AND SUBSEQUENTLY ALLOCATED
TO 34000.221001.661000.0000.00000, TO COVER THE COST OF SAID
ACQUISITION, INCLUSIVE OF THE COST OF SURVEYS, ENVIRONMENTAL
REPORTS, TITLE INSURANCE, SECURING THE PROPERTY, PROJECT
SIGNAGE AND ALL RELATED CLOSING COSTS ASSOCIATED WITH SAID
ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF
THE AGREEMENT; FURTHER AUTHORIZING AND DIRECTING THE CITY
MANAGER TO PREPARE AND SUBMIT ONE OR MORE APPLICATIONS FOR
A FUTURE LAND USE MAP AMENDMENT AND REZONING AS NECESSARY
TO DESIGNATE TO "PARKS AND RECREATION" ON THE CITY'S ADOPTED
FUTURE LAND USE MAP ("FLUM") OF THE MIAMI COMPREHENSIVE
NEIGHBORHOOD PLAN ("MCNP") AND "CS" TRANSECT ZONE ON THE
CITY'S ADOPTED ZONING ATLAS ("ZONING ATLAS") OF THE MIAMI 21
ZONING CODE (ORDINANCE NO. 13114 OF THE CITY OF MIAMI, FLORIDA,
AS AMENDED) ("MIAMI 21 CODE"), UPON THE ACQUISITION BY THE CITY.
SPONSOR(S): Commissioner Christine King
WHEREAS, pursuant to section 62-644, of the City of Miami Code of Ordinances, as
amended, the Wynwood Business Improvement District ("BID") may collect cash contributions
to support reinvestment and supplement affordable/workforce housing, public parks and open
space, and civic space or civil support space within the NRD-1 boundaries ("PBTF"); and
City of Miami Page 1 of 3 File ID: 18086 (Revision:) Printed On: 9/19/2025
File ID: 18086 Enactment Number: R-25-0353
WHEREAS, the real property identified as folio number 01-3125-028-1070, located at 29
Northwest 28 Street, Miami, Florida (the "Property"), is within the NRD-1 boundaries; and
WHEREAS, the Public Benefits Trust Fund Committee ("Committee") formed to oversee
and allocate the PBTF funds approves the allocation in the amount of Three Million Six Hundred
Thousand Dollars ($3,600,000.00) (the "Funds"), for the acquisition of the Property, for the
purposes of a public park, open space, or civic space to be managed, operated, and maintained
by the BID or Committee, under a proper Management and Maintenance Agreement between
the BID and the City's Department of Parks and Recreation (the "Intended Purpose"); and
WHEREAS, the BID and the Committee agree to transfer the Funds to the City of Miami
("City") to acquire the Property for the Intended Purpose; and
WHEREAS, the City agrees to accept the Funds to be deposited to Capital Fund 34000,
subsequently allocated to 34000.221001.661000.0000.00000 and to be used for the acquisition
of the Property for the Intended Purpose; and
WHEREAS, 29 NW 28 Street, LLC, a Florida Limited Liability Company ("Seller") has
agreed to enter into a Purchase and Sale Agreement ("Agreement"), with the City to sell the
Property for a purchase price of Three Million One Hundred Fifty Thousand Dollars
($3,150,000.00) ("Purchase Price"); and
WHEREAS, the City obtained two (2) appraisal reports from licensed State of Florida
certified appraisers for which the Purchase Price is lower than the appraised value from both
appraisals; and
WHEREAS, the acquisition of the Property will not exceed Three Million Six Hundred
Thousand Dollars ($3,600,000.00) as authorized from the Funds approved and allocated by the
BID and the Committee;
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 by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is authorized' to negotiate and execute the Agreement,
between the City and Seller, and any and all necessary documents, all in forms acceptable to
the City Attorney, for the acquisition of the Property at the Purchase Price for the Intended
Purpose.
Section 3. The City Manager is further authorized' to accept the Funds from the BID
and Committee to be deposited to Capital Fund 34000, subsequently allocated to
34000.221001.661000.0000.00000 and used to acquire the Property for the Intended Purpose.
Section 4. The City Manager is further authorized' and directed to prepare and submit
any and all applications for a future land use map amendment and rezoning as necessary to
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: 18086 (Revision:) Printed on: 9/19/2025
File ID: 18086 Enactment Number: R-25-0353
designate the Property to "Parks and Recreation" on the City's adopted Future Land Use Map.
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
g III, C y for y 9/2/2025
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: 18086 (Revision:) Printed on: 9/19/2025