HomeMy WebLinkAboutR-18-0070City of Miami
Legislation
Resolution: R-18-0070
File Number: 3538
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 2/22/2018
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 CARLOS FERNANDEZ FOR THE
ACQUISITION OF REAL PROPERTY LOCATED AT 2201 SOUTHWEST 26TH
STREET, MIAMI, FLORIDA ("PROPERTY"), CONTAINING AN APPROXIMATE
TOTAL LOT AREA OF 5,250 SQUARE FEET, AS LEGALLY DESCRIBED IN THE
AGREEMENT, ATTACHED AND INCORPORATED, FOR A TOTAL PURCHASE
PRICE OF FOUR HUNDRED TWENTY NINE THOUSAND DOLLARS
($429,000.00), CONTINGENT UPON THE CITY OBTAINING A WRITTEN
APPRAISAL FROM A LICENSED STATE OF FLORIDA CERTIFIED APPRAISER
ESTABLISHING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT A
MINIMUM THE REFERENCED AMOUNT HEREIN PURSUANT TO ALL LEGAL
REQUIREMENTS; FURTHER AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS,
INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN
A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE DEEMED
NECESSARY TO EFFECTUATE SAID ACQUISITION, WITH FUNDS
ALLOCATED FROM THE CAPITAL IMPROVEMENT PROGRAM PROJECT NO.
40-1340507, CITYWIDE PARK EXPANSIONS AND LAND ACQUISITION, IN A
TOTAL AMOUNT NOT TO EXCEED FOUR HUNDRED SEVENTY THOUSAND
DOLLARS ($470,000.00), TO COVER THE COST OF SAID ACQUISITION,
INCLUSIVE OF THE COST OF A SURVEY, ENVIRONMENTAL REPORT, TITLE
INSURANCE, DEMOLITION, SECURING THE PROPERTY, AND RELATED
CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, IN ACCORDANCE
WITH THE TERMS AND CONDITIONS OF THE AGREEMENT.
SPONSOR(S):
WHEREAS, the City of Miami ("City") wishes to acquire the property located at 2201
Southwest 26 Street, Miami, Florida ("Property"); and
WHEREAS, the City plans to construct a park at the Property to enhance the quality of
life in the surrounding area; and
WHEREAS, Carlos Fernandez ("Seller") agreed to enter into a Purchase and Sale
Agreement ("Agreement") with the City to convey the Property to the City for Four Hundred
Twenty -Nine Thousand Dollars ($429,000.00); and
WHEREAS, the Agreement is contingent upon the City obtaining an appraisal stating
that the appraised value of the Property is at least Four Hundred Twenty -Nine Thousand Dollars
($429,000.00) pursuant to all legal requirements; and
WHEREAS, the City's estimated total cost for the acquisition of the Property will not
exceed Four Hundred Seventy Thousand Dollars ($470,000.00) to be allocated from the Capital
City of Miami Page 1 of 2 File ID: 3538 (Revision:) Printed On: 5/17/2018
File ID: 3538 Enactment Number: R-18-0070
Improvement Program ("CIP") Project No. 40-1340507, Citywide Park Expansions and Land
Acquisition;
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
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is authorized' to execute the Agreement, in substantially
the attached form, between the City and the Seller for the acquisition of the Property, containing
an approximate total lot area of 5,250 square feet, as legally described in the Agreement, for a
total purchase price of Four Hundred Twenty Nine Thousand Dollars ($429,000.00), contingent
upon the City obtaining a written appraisal from a licensed State of Florida certified appraiser
establishing that the appraised value of the Property is at a minimum the referenced amount
herein pursuant to all legal requirements.
Section 3. The City Manager is further authorized' to negotiate and execute all
necessary documents, including amendments and modifications to said Agreement, in a form
acceptable to the City Attorney, as may be deemed necessary to effectuate said acquisition.
Section 4. Funding is allocated from the CIP Project No. 40-1340507, Citywide Park
Expansions and Land Acquisition, in a total amount not to exceed Four Hundred Seventy
Thousand Dollars ($470,000.00), to cover the cost of said acquisition, inclusive of the cost of a
survey, environmental report, title insurance, demolition, securing the Property, and related
closing costs associated with said acquisition, in accordance with the terms and conditions of
the Agreement.
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS
1
i ria i ' ndez, City Attor ey 2/1212018
' 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 City 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: 3538 (Revision:) Printed on: 511712018