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HomeMy WebLinkAboutR-16-0147Vop City of Miami Legislation < U R �O Resolution: R-16-0147 File Number: 16-00137 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 4/14/2016 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 HABER & SONS PLUMBING, INC. ("SELLER"), FOR THE ACQUISITION OF THE PROPERTY LOCATED AT 130 SOUTHWEST 51 PLACE, MIAMI, FLORIDA ("PROPERTY"), WITH AN APPROXIMATE TOTAL LOT AREA OF 12,581 SQUARE FEET, AS LEGALLY DESCRIBED IN THE AGREEMENT, FOR ATOTAL PURCHASE PRICE OF FOUR HUNDRED FIFTEEN THOUSAND DOLLARS ($415,000.00), CONTINGENT UPON THE CITY OBTAINING A WRITTEN APPRAISAL FROM A LICENSED FLORIDA APPRAISER STATING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT 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 IMPROVEMENT AND TRANSPORTATION PROGRAM PROJECT NO. B40507, DISTRICT 4 PARK LAND ACQUISITION, IN THE TOTAL AMOUNT NOT TO EXCEED FOUR HUNDRED TWENTY FIVE THOUSAND DOLLARS ($425,000.00), TO COVER THE COST OF SAID ACQUISITION, INCLUSIVE OF THE COST OF A SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE AND RELATED CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. WHEREAS, the City of Miami ("City") wishes to acquire the property located at 130 Southwest 51 Place, Miami, Florida ("Property"), with an approximate total lot area of 12,581 square feet, as legally described in the Purchase and Sale Agreement ("Agreement"), attached and incorporated as Exhibit "A", and that is currently owned by Haber & Sons Plumbing, Inc. ("Seller"); and WHEREAS, the City plans to construct a park at the Property to enhance the quality of life in the surrounding area; and WHEREAS, Seller agrees to enter into the Agreement to sell the Property to the City for Four Hundred Fifteen Thousand Dollars ($415,000.00); and WHEREAS, the Agreement is contingent upon the City obtaining a written appraisal from a licensed Florida appraiser stating that the appraised value is at least Four Hundred Fifteen Thousand Dollars ($415,000.00); and WHEREAS, the City's estimated total cost for the acquisition of the Property will not exceed Four Hundred Twenty Five Thousand Dollars ($425,000.00), to be allocated from Capital Improvement and Transportation Program ("CITP") Project No. B40507, District 4 Park Land Acquisition; City of Miand Page 1 of 2 File Id. 16-00137 (Version: 2) Printed On: 4/30/2018 File Number: 16-00137 Enactment Number: R-16-0147 NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized {1} to execute an Agreement, in substantially the attached form, between the City and the Seller, for the acquisition of the Property, with an approximate total lot area of 12,581 square feet, as legally described in the Agreement, for a total purchase price of Four Hundred Fifteen Thousand Dollars ($415,000.00), 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, and 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, allocating funds from the CITP Project No. B40507, District 4 Park Land Acquisition, in the total amount not to exceed Four Hundred Twenty Five Thousand Dollars ($425,000.00), to cover the cost of said acquisition, inclusive of the cost of a survey, environmental report, title insurance and related closing costs associated with said acquisition, in accordance with the terms and conditions of the Agreement. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2}\par Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id. 16-00137 (Version: 2) Printed On: 4/30/2018