HomeMy WebLinkAboutSummary Form0,AGENDA ITEM SUMMARY( F RM Law Department
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FILE ID: 1 5-00689 Matter ID No.
w _ 15-1194
Date: 5/20/2015 Requesting Department: Dept. of Real Estate & Asset Mngt.
Commission Meeting Date: 07/09/2015 District Impacted: 1
Type: Z Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Resolution declaring surplus and approving the sale of City -owned CLUC 90 property, Folio
number 01-3133-028-0430.
Purpose of Item:
A Resolution of the Miami City Commission, declaring surplus and approving the sale of a City -owned
CLUC 90 property, Folio number 01-3133-028-0430, to Town & Country Investments, LLC.
Establishing Six Thousand Five Hundred Dollars ($6,500.00) as the amount to be paid to the City ofl
Miami ("City") by the aforementioned. Further authorizing the City Manager to execute an agreement'
for Purchase and Sale ("Agreement"), in substantially the attached form, and to execute such other
documents as may be necessary to consummate such transaction in accordance with terms and
conditions of the Agreement, which terms any be amended by the City Manager as may be necessary
in order to meet the best interest of the Citv.
Background Information:
See Supplemental Page
Budget .Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: _ -oz
Final Approvals
CIP N/A Budge
If using or receivin capital fiords
Grants_ Risk Managem
Purchasing N/A Dept. Director
iP.
Chief City Manage"=
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SUPPLEMENTAL PAGE
Subject: Resolution declaring surplus and gpproving approvingthe sale of City -owned CLUC 90 property Folio
number 01-3133-028-0430.
Background Information:
The City of Miami (the "City") has been approached by Town & Country Investments, LLC.,
("Purchaser") regarding the sale of approximately 3,498 square feet of a City -owned CLUC 90'
property, Folio number 01-3133-028-0430 (the "Property"). Purchaser is the only adjacent property]
owner that is interested in the Property and has agreed to pay the City a purchase price of Six Thousand
Five Hundred Dollars ($6,500.00) or approximately $1.86 per square foot. Purchaser wishes to
purchase the Property to be able to maintain and control the constant debris problem on site.
Currently the Property sits vacant, represents a maintenance cost and liability to the City, and does not
generate ad valorem taxes.
Section 29-B of the City of Miami Charter provides an exception from the competitive bidding
requirements for disposition of non -waterfront City -owned property when conveying to an adjacent
property owner when the subject property is 7,500 square feet or less, or the subject non -waterfront
property is non -buildable.
The area contained in the Property is not in excess of 7,500 square feet, is non -buildable, is non -
waterfront, and its conveyance to the adjacent property owner would assist in providing for the
assemblage of land by the Purchaser. The Property will be conveyed as is and where is and the City
will not warrant the sufficiency of its title nor any interest it may have in the Property.
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