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HomeMy WebLinkAboutR-75-0451•4/ 8/7S A RES iLUTI N Af T It RfkINU THE CITY MANAGER TO PURCHASE BY NEGOTIATION PARCEL NO. 7096=t1 OP THE CITY OF MIAMI PROJECT 31 MIAMI RIVER?RONT DEVELOPMENT. AS DESCRIBED HEREIN, FOR THE SUM OF $122,OOO.00 AND ALLOCATING $125,000.00 FROM THE 1972 PARIC,S AND RECREATION ?ACILITIES BOND PUNb To COWER THE COST OF ACQUIS2TION OF THE FEE SIMPLE TITLE TO THIS PROPERTY AND OTHER COSTS INCIDENTAL TO THE ACQUSITIoN, WHEREAS, Parcel No. 7096-U is a portion of the property proposed to be acquired for the expansion of Downtown River- front, more particularly known as Riverside Park; and WHEREAS, the citizens the issuance of bonds to provide the funds to defray the cost of such property acquisition the Parks for People Bond Program; and WHEREAS, the necessary monies for said acquisition are available in the 1972 Parks and Recreational Facilities Bond Fund; WHEREAS, the owner of Parcel No. 7096-U has, by Agree- ment dated March 27, 1975, offered to convey fee to this property to the City of Miami for the appraised price of $122,000.00; and WHEREAS, it is deemed in the best interest of the City of Miami, Florida, to acquire this property at this time through negotiated purchase; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized and directed to purchase Parcel No. 7096-U of the Downtown` CITY COMMISSION MEETING RIXOWTIONI40•07.E7,1;,/,P; RNi ►wet,►►,,m11;;;;;:;:: Rive 'fro , t/R :vertide property for the sum of $122, 000.00 Libt 1, leas the north 16' and less R%t4, Last Riverside, RR 28, Pg 43. Section 2. The tinance Director of the City of Miami be and he is hereby authorized and directed to allocate the suns of $125 i 000.00 from the 1972 Park and Recreational Facilities Sond Puna to covet the cost of acquisition of the fee simple title to this property and other coats incidental to acquisition. PASSED AND ADOPTED this 8 day of MAY M:AURICE A. FERRE MAYOR Attest: He D. 1UTHER 'Cit_�Clerk_i f',�- Id: Honorable Members of the City C ✓omission rtt W, n City Manager titA? r P MiAM14fteltItiA atte ► `PIdt lAtNIORANDUM suaJtc: Ott" Rttiatt_s: April 10, 1975 ta.kt Parcel 709641 Miami 1iverftott leve :opment ENtLIAORts: Sketch The development of the Miami Riverfront is one of the projects to be accomplished under the Parks for People Program. This portion is part of the Downtown tiger front that is being developed from Flagler Street to the Dupont Blau, by the Downtown Development Authority, As a result of a contact that has been made with the owner of the property to be acquired, an offer has been made and is recommended for acceptance by the City Manager to convey Fee Simple Title of the following parcel to the City of Miami: Parcel 7096-U for the sutra of $122,000, which was the City's appraised value of this parcel. The Department of Law concurs with this recommendation to acquire this parcel o land at the appraised value. Parcel 7096-U is irregular in shape with the following approximate dimensions: North Boundary Northeasterly Boundary (Frontage on S.W. North River Drive Southeasterly Boundary South Boundary Westerly Boundary (Frontage on Miami River) 149.67' 53.98' 113.28' 115.06' 158.06' Total. Area - 22,415 sq. feet Located on the property are two (2) buildings. Building #1 - Built in 1939 is frame with concrete footing, exterior galls partly of corrugated metal, partly stuccoed and painted. Roof is corrugated metal. Building'#2 - built in 1925, frame construction on concrete piers, exterior walls, painted board and batten and roof is corrugated metal. Both buildings are in poor condition. Page 1 of 2 Honorable Mayor atld City Commission April 291 197 Stet er t Pat ce 096+H I` a kiverf o it e e o e ttLL o f trued The Miami 'City Commission is requested to adopt the proposed resolution authorizing the purchase of this parcel and authorize the expenditure necessary to cover the cost and othermiscellaneous expenses of acquisition. cc Honorable Honorable Honorable Honorable Honorable Maurice A. Pertie , Mayor J. L. Plummer, Jr., Vice Mayor Theodore R. Gibson, Commissioner Rose Gordon, Commissioner Mariolo Reboso, Commissioner Page 2 of 2