Loading...
HomeMy WebLinkAboutMaster ReportTitle: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE CITY OF MIAMI ("CITY") AND THE FEDERAL NATIONAL MORTGAGE ASSOCIATION ("SELLER"), FOR THE ACQUISITION OF THE REAL PROPERTY LOCATED AT 2601 SOUTHWEST 13TH STREET, MIAMI, FLORIDA, ("PROPERTY"), WITH AN APPROXIMATE TOTAL LOT AREA OF 6,900 SQUARE FEET, AS LEGALLY DESCRIBED IN THE AGREEMENT, FOR A TOTAL PURCHASE PRICE OF TWO HUNDRED SEVENTY ONE THOUSAND DOLLARS ($271,000.00), CONTINGENT UPON THE CITY OBTAINING A WRITTEN APPRAISAL FROM A LICENSED FLORIDA APPRAISER STATING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT A MINIMUM THE REFERENCED AMOUNT HEREIN; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL OTHER DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ACQUISITION; WITH FUNDS ALLOCATED FROM THE CAPITAL IMPROVEMENTS AND TRANSPORTATION PROGRAM PROJECT NO. B-50568, DISTRICT 4 PARK LAND ACQUISITION, IN A TOTAL AMOUNT NOT TO EXCEED TWO HUNDRED EIGHTY THOUSAND DOLLARS ($280,000.00), TO COVER THE COST OF SAID ACQUISITION, INCLUSIVE OF THE COST OF A SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE AND SUCH OTHER RELATED CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. Sponsors: Notes: Indexes: Attachments: 16-00085 Summary Form.pdf,16-00085 Legislation.pdf,16-00085 Exhibit - Agreement.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 Office of the City 2/26/2016 Reviewed and Attorney Approved 1 City Commission 3/11/2016 ADOPTED Pass 1 Office of the Mayor 3/18/2016 Signed by the Mayor Office of the City Clerk 1 Office of the City Clerk 3/18/2016 Signed and Attested by City Clerk City of Miami Page I Printed on 4/25/2018 T,y op.y City of Miami City Hall 3500 Pan American Drive F Miami, FL 33133 Fwln < � R 1 O Master Report vuww.miamigov.com Enactment Number: R-16-0108 File Number: 16-00085 File Type: Resolution Status: Passed Version: 1 Reference: Controlling Body: Office of the City Clerk File Name: Exec. Purchase & Sale Agrmt. - 2601 SW 13 ST Introduced: 1/25/2016 Requester: Department of Real Estate and Cost: Final Action: 3/11/2016 Asset Management Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE CITY OF MIAMI ("CITY") AND THE FEDERAL NATIONAL MORTGAGE ASSOCIATION ("SELLER"), FOR THE ACQUISITION OF THE REAL PROPERTY LOCATED AT 2601 SOUTHWEST 13TH STREET, MIAMI, FLORIDA, ("PROPERTY"), WITH AN APPROXIMATE TOTAL LOT AREA OF 6,900 SQUARE FEET, AS LEGALLY DESCRIBED IN THE AGREEMENT, FOR A TOTAL PURCHASE PRICE OF TWO HUNDRED SEVENTY ONE THOUSAND DOLLARS ($271,000.00), CONTINGENT UPON THE CITY OBTAINING A WRITTEN APPRAISAL FROM A LICENSED FLORIDA APPRAISER STATING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT A MINIMUM THE REFERENCED AMOUNT HEREIN; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL OTHER DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ACQUISITION; WITH FUNDS ALLOCATED FROM THE CAPITAL IMPROVEMENTS AND TRANSPORTATION PROGRAM PROJECT NO. B-50568, DISTRICT 4 PARK LAND ACQUISITION, IN A TOTAL AMOUNT NOT TO EXCEED TWO HUNDRED EIGHTY THOUSAND DOLLARS ($280,000.00), TO COVER THE COST OF SAID ACQUISITION, INCLUSIVE OF THE COST OF A SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE AND SUCH OTHER RELATED CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. Sponsors: Notes: Indexes: Attachments: 16-00085 Summary Form.pdf,16-00085 Legislation.pdf,16-00085 Exhibit - Agreement.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 Office of the City 2/26/2016 Reviewed and Attorney Approved 1 City Commission 3/11/2016 ADOPTED Pass 1 Office of the Mayor 3/18/2016 Signed by the Mayor Office of the City Clerk 1 Office of the City Clerk 3/18/2016 Signed and Attested by City Clerk City of Miami Page I Printed on 4/25/2018 TY OP F * ue IF wln w �� < 0 R 1 O City of Miami Master Report Enactment Number: R-16-0108 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City ofMiami Page 2 Printed on 412512018