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HomeMy WebLinkAboutR-77-0643et, 7/18i i7 MEM MEM ■ ■ • RESOLUTION NO. A tSOLUTION AUTHORIZING THE CITY MANAGER TO PURCHASE 1N LIEU OF CONDEMNATION THE VACANT PROPERTY LOCATED ON THE NORTHWEST CORNER OF SOUTHEAST SECOND AVENUE AND SOUTHEAST FOURTH STREET, MIAMI, FLORIDA, FOR THE SUM OF TWO (HUNDRED EIGHTY-FIVE THOUSAND ($285,000.00) DOLLARS NET AND ALLOCATING TWO HUNDRED NINETY-FIVE THOUSAND ($295,000.00) DOLLARS FROM CONVENTION CENTER BOND FUNDS TO COVER TILE COST OF ACQUISITION OF FEE SIMPLE TITLE TO THIS PROPERTY AND OTHER COSTS INCIDENT- AL TO THE ACQUISITION. WHEREAS, the vacant property located on the Northwest corner o Southeast Second Avenue and Southeast Fourth Street, Miami, Florida, is pro= posed to be acquired for the expansion of the Convention Center site, and WHEREAS, the Convention Center Committee has approved the acquisi- tion of this vacant property to provide additional land that will be necessary for entrance and egress to the property, and concurs with the recommendation to acquire this parcel; and WHEREAS, the necessary monies for said acquisition are available in the Convention Center Bond Fund; and WHEREAS, this acquisition is in accordance with the Land Acquisi- tion Policies under Community Development Programs as detailed led in HUD Handbook 1320.1 Real Property Acquisitions; and /�''_ INDE)rt ITEM NO. WHEREAS, the appraised value was $261,250.00, and through a series of negotiations a final negotiated price of Two Hundred Eighty-five Thousand ($285,000.00) Dollars net was arrived at to acquire said property as the City will pay all costs of abstract, documentary stamps, surtaxes and recording expenses, but the Ad Valorem taxes shall be pro -rated at the time of closing, and WHEREAS, it is more advantageous and in the best interest of the City of Miami to acquire this property by purchase through negotiation rather than condemnation because of the cost factor of legal expenses and reimbursements CITY COMMISSION MEETING OF JUL 2 8 1977 ,.77"64 u,IaN ........... 3 et 7/18/77 attOtheysl fees involved in condemnation proceedings ut%det the laWS f the State of Florida, and WHEREAS, the owner of the property has, by letter dated June 17, 1977, offered to convey fee simple title to this property to the City of Miami, Florida for the price of Two Hundred Eight -Five Thousand ($285,000.00) Dollars lie t t MIA II NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF FLORIDA: directed Section 1. The City Manager be and he is hereby authorized and, to purchase the property located on the Northwest corner of Southeast Second Avenue and Southeast Fourth Street, Miami, Florida, said property being vacant and legally described as: Lot 36 of the Amended Plat of a Part of Ft. Dallas Park as located in Plat Book 4 Page 85 of the Public Records of Dade County, Florida the Convention Center site, for the sum of Two Hundred ($285,000.00) Dollars net. 2. The amount of Two Hundred Ninety -Five Thousand ($295,000.00) hereby allocated from the Convention Center Bond Fund to for the expansion of Eighty -Five Thousand Section Dollars be and it is cover the cost of acquisition of fee simple title to this property, and other costs as enumerated, to this acquisition. PASSED AND ADOPTED THIS 23 day of .JU LY , 1977. PREPARED AND APPROVED BY: MICHEL E. ANDERSON ASSISTANT CITY ATTORNEY PR• ED AS TO FORM AND COR ES$ • G'ORGE F. 'NOX, JR. CITY ATT".. EY Page 2 of 2. 77 643 32. •I i Joseph R. Gtasste city Managet 17 1. L (• It f7 es E. GialdetisOft Director of Finance • ' July 19, 1.077 •• Acquisition of Land Magnuson Property Copy of Resolution; By Notion No. 76-1054, the City Commission authorized and directed the City Manager to obtain an appraisal and negotiate a price on a parcel of property known as the Magnuson property, containing approximately 5,000 sq. ft., as a needed adjunct to the proposed Convention Center Complex, and to report to the City Commission either a negotiated price, or his recommendation. In accordance to that motion, the acquisition process was instituted, with the solicitation sent out for proposals to 18 appraisers, and 5 proposals Were received. The two appraisers selected, were the lowest of the five bids sub- mitted. The pertinent facts regarding this acquisition are as follows: Cost Appraisers F. Robert Quinlivan Co. Slack, Slack & Roe Appraised Value of Property F. Robert Quinlivan Company Slack, Slack & Roe Property Location N. W. corner of intersections of S.E. 2nd Avenue and S. E. 4th Street, Miami, Florida •60 6 bb 6 sitolote $ 1,500.00 1,750.00 Legal Description Lot 36 of the Amended Plat of a Part of Ft. Dallas Park as located in Plat Book 4 Page 85 of the Public Records of Dade County, Florida $ 250,000.00 $ 261,250.00 Page 1 of 2. 32 Joseph R. Gfasste City Manager James t. Gun a son Director of Finance y 19 j 01/ AogUisition of Land Magnuson Property Copy of ResolUtioii3 By Motion No. 76-1054, the City Commission authorized and directed the City Manager to obtain an appraisal and negotiate a price on a parcel of property known as the Magnuson property, containing approximately 5,000 sq. ft., as a needed adjunct to the proposed Convention Center Complex, and to report to the City Commission either a negotiated price, or his recommendation. In accordance to that motion, the acquisition process was instituted, with the solicitation sent out for proposals to 18 appraisers, and 5 proposals were received. The two appraisers selected, were the lowest of the five bids sub- mitted. The pertinent facts regarding this acquisition are as follows: Cost Appraisers F. Robert Quinlivan Co. $ 1,500.00 Slack, Slack & Roe $ 1,750.00 Appraised Value of Property F. Robert Quinlivan Company Slack, Slack & Roe Property Location N. W. corner of intersections of S.E. 2nd Avenue and S. E. 4th Street, Miami, Florida Legal Description Lot 36 of the Amended Plat of a Part of Ft. Dallas Park as located in Plat Book 4 Page 85 of the Public Records of Dade County, Florida 250, 000.00 $'261,250.00 Page 1 of 2. July 19, 1977 ddgeph Re Grassi City MAtidgef Memorandum continued Page 2 of 2. 4.4 Owner Magnuson InVestinentS, Lot Size 50 Ft, frontage on Southeast 2nd Avenue 100 Ft. frontage on Southeast 4th Street. 50 Ft. frontage on Southeast 1st Place Zoning C 3 Improvements Vacant Property After a series of negotiations, a final negotiated price of $285,000.00 net as agreed upon, subject to the final approval by the City Commission. This negotiated price is in excess of the normal bonus allowable by Resolution No. 77-73, but if we were to condemn the property for public use, the cost of attorneys' fees, court costs, and other costs incidental to the condemnation proceedings would be in excess of the final negotiated price. Therefore, it is recommended that this property be acquired at the said price. As Federal funds may be involved, this acquisition was transacted in accordance to the Land Acquisition Policies as determined in HUD Handbook 1320.1, Real Property Acquisitions. JEG:DRS:et attachment : as stated cc: Mr. George F. Knox, Jr. Esq. City Attorney Mr. Carlos Garcia Assistant Finance Director Accounting Department Mr. Jim Connolly Convention Center Coordinator, Z.