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HomeMy WebLinkAboutR-02717RESOLUTION NO. 2717. A RESOLUTION AUTHORIZING THE CITY MANAGER TO ISSUE CERTAIN CERTIFICATES OF INDEBTEDNESS FOR THE PUR- CHASE PRICE OF THE PROPERTIES DESCRIBED HEREIN. WIT,REAS, on the 15th day of February, 1926, the CityCommission accepted the offer of Thorp & Knight to sell to the City certain property needed for the opening of Southwest Second. Street across the tracks of the Florida East Coast Railway at and for the price of 75,000.00, and W=REAS, on :"arch 6th, 1926, the payment of 5 of the said pur- chase price, amounting to =3,750.00 was authorized made to said Thorp and. Knight, and MinREAS, it is deemed advisable to issue a certificate of in- debtedness to sed Thorp and. Knight for the balance of the purchase price, that is to say for ;:)71,250,00, and. WH2RPAC., on the 16th day of February, 1926, the City Commission accepted the offer of Willter I. Harris to sell to the City Brickell's 0utlot and riparian rights thereto, located at the foot of S.E. 15th Street Road on Bay Front in Point View at and for the price of 370, 000, and WHEREAS, it is deemed advisable to issue a certificate of bn- debtedness to said. Walter 1. Harris for the total purchese price of said Brickellts Outlot, :TOW, THEREFORE, BE IT RESOLVED ny .HE CO1,2.:ISSIO: OF THE CITY OF Section 1. That the City 1:anager be, and he is hereby, author- ized and directed to sue a Certificate of Indebtedness of the City of 77iami to Thorp and 7:nicht, in the amount of ..71,250.00 in payment of the balance of the :rarcha[ie price for the followinE described property, to -wit: BeEin.inc at a point 1:ive hu,mdred and. thirty (530; feet ooutherly from the 6outh line of Plal-ler :itreet (old Twelfth 2treet), and fifty-three and one-half feet aitztailt ',:esterly from the center line of the main track of the ?lorida East Coast 1:.,ail-;:ay Company, thence South parallel with the riEht-of-way of said ailway Company sixty (GO) feet; the.nce esterly at right anlec with the _.:::::ht-of-ray of said 1:ailvay Company eirhty- six and one-hcaf (86L) feet; thence ::ortherly parallel rith the rijit-of-ray of said T:.ailway Col:Toady sixty (60) feet; thence 13aLterly at riEht an.,21c2 to the richt-of-ray of said ,:ailway Company eirphty-six and one-half (86) feet to the point of becinnAng. uroa the rLccipt of a rranty L.,ed c:;o-!iniz cood and riar]zetable title to coda -2.-1-cr,)erty free an,: clear of ill CU] e ;:.; and upon apl-iroval there- of i)y the City ,,;ttorney. L,ection 2. That the City !:anaL:er be, and he is he.•eby, further autized to issue a certificate of Inde-atedness of the City of - to lter L. 2larrds, in the aLont of 70,C0.0C1 in pay1::ent of the f-_-,11 purchase 7.)rice for the folloinL: desorea 1)ro-eerty, to -wit: eutlot ri:hts tereto, located at the foot of L.a3. 1E)th 2treet e:1 -ay :vont in Vi 1.1.on the ::!ecefpt of a -4rranty deerl ::ood and 1,ar7:etal:!1e tfitie to caid vro%)erty freL ol.,,ar of - L.1(1 u_ion a-...,roval there- of bg the City "ttorne://. ..sIC=1) tis ithday of 2:ay, .,. D., 1926. • 7 "D nrmT INDEX CITY C:',DriMISSiON CF f•Z 1111flidi NO ...C. '‘??7/7 • ;:klARAS: , .11111111