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HomeMy WebLinkAboutMaster ReportCON, 01.41 City of Miami Department Head Review Completed Christopher M Rose 4/4/2017 � IA'fk m Master Report t> 4/4/2017 File Number: 2030 Revision: Enactment Number: R-17-0201 File Type: Resolution File Name: Execute Purchase and Sale Agreement - 13 NW 6th Street Requesting Dept: Department of Real Estate and Asset Management City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Status: ADOPTED Controlling Body: City Commission Introduced: 3/21/2017 Final Action Date: 4/27/2017 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'), AS PURCHASER, AND AT&T COMMUNICATIONS, INC. ("AT&T"), AS SELLER, FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 13 NORTHWEST 6TH STREET, MIAMI, FLORIDA, CONTAINING AN APPROXIMATE LOT AREA OF 10,586 SQUARE FEET, AS MORE PARTICULARLY DESCRIBED ON EXHIBIT "A" OF THE AGREEMENT, ATTACHED AND INCORPORATED ("PROPERTY'), FOR A TOTAL PURCHASE PRICE OF THREE MILLION FOUR HUNDRED FIFTY THOUSAND DOLLARS ($3,450,000.00) CONTINGENT UPON THE CITY OBTAINING TWO (2) WRITTEN APPRAISALS FROM LICENSED FLORIDA APPRAISERS CONFIRMING THAT THE APPRAISED VALUE OF THE PROPERTY IS AT LEAST THE STATED PURCHASE PRICE ("PURCHASE PRICE"); AUTHORIZING THE CITY MANAGER 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 NECESSARY TO EFFECTUATE SAID ACQUISITION; ALLOCATING FUNDS FROM A SOURCE TO BE DETERMINED IN A TOTAL AMOUNT NOT TO EXCEED THREE MILLION FIVE HUNDRED THIRTY SEVEN THOUSAND DOLLARS ($3,537,000.00), 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. Sponsors: Notes: Links: Attachments: 2030 Exhibit (PDF) 2030 Attachment 1 to Agenda Summary Form (PDF) 2030 Pre -Legislation (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Aldo Bustamante 3/28/2017 Department Head Review Completed Christopher M Rose 4/4/2017 Budget Review Completed Alberto N. Parjus 4/4/2017 Assistant City Manager Review Completed Daniel J. Alfonso 4/4/2017 City Manager Review Completed Victoria Mendez 4/17/2017 Approved Form and Completed Correctness City of Miami Page 1 of 2 Printed on: 8/28/2017 CON, OF,,, City of Miami City Hall 3500 Pan American Drive °°°�a.°° "° s • Master Report Miami, FL 33133 www.miamigov.com � Enactment Number: R-17-0201 City Commission 4/27/2017 Meeting Completed City Commission 4/27/2017 ADOPTED Passed Mayor's Office 5/2/2017 Signed by the Mayor Completed City Clerk's Office 5/2/2017 Signed and Attested by the City Completed Clerk City of Miami Page 2 of 2 Printed on: 8/28/2017