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City of Miami
City Hall
j, 3500 Pan American Drive
Legislation Miami, FL 33133
www.miamigov.com
Resolution: R-19-0049
File Number: 5390 Final Action Date: 1/24/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, BY A FOUR-FIFTHS
(4/5THS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE A PURCHASE AND SALE AGREEMENT
("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
BETWEEN THE CITY OF MIAMI ("CITY") AND MANGO ROAD LLC, A FLORIDA
LIMITED LIABILITY COMPANY ("SELLER"), FOR THE ACQUISITION OF REAL
PROPERTY LOCATED AT 2445 SOUTHWEST 5TH AVENUE AND 471
SOUTHWEST 25TH ROAD, MIAMI, FLORIDA (COLLECTIVELY, "PROPERTY")
WITH AN APPROXIMATE TOTAL AREA OF 12,700 SQUARE FEET, AS SHALL
BE LEGALLY DESCRIBED IN THE AGREEMENT, FOR A TOTAL PURCHASE
PRICE OF ONE MILLION ONE HUNDRED THOUSAND DOLLARS
($1,100,000.00); ALLOCATING FUNDS FROM THE CITY'S OFFICE OF CAPITAL
IMPROVEMENTS ("OCI") PROJECT NO. 40-13183415, DISTRICT 3 PARK LAND
ACQUISITION IN A TOTAL AMOUNT NOT TO EXCEED ONE MILLION ONE
HUNDRED THIRTY THOUSAND DOLLARS ($1,130,000.00) TO COVER THE
COST OF SAID ACQUISITION, INCLUDING THE COST OF A SURVEY,
ENVIRONMENTAL REPORT, TITLE INSURANCE, DEMOLITION, SECURING
THE PROPERTY, PROJECT SIGNAGE, AND RELATED APPLICABLE CLOSING
COSTS ASSOCIATED WITH SAID ACQUISITION, ALL IN ACCORDANCE WITH
THE TERMS AND CONDITIONS IN THE AGREEMENT; 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 NECESSARY TO EFFECTUATE SAID
ACQUISITION.
SPONSOR(S): Commissioner Joe Carollo
WHEREAS, the City of Miami ("City") wishes to acquire the real property located at 2445
Southwest 5th Avenue and 471 Southwest 25th Road, Miami, Florida (collectively, "Property")
with an approximate total area of 12,700 square feet; and
WHEREAS, the Property is located in an underserved area with respect to parks; and
WHEREAS, the City plans to construct a park that will enhance the quality of life of
residents in the surrounding area; and
WHEREAS, Mango Road LLC, a Florida limited liability company ("Seller"), has agreed
to enter into a Purchase and Sale Agreement, in a form acceptable to the City Attorney
("Agreement"), to convey the Property to the City for a total purchase price of One Million One
Hundred Thousand Dollars ($1,100,000.00); and
WHEREAS, pursuant to Section 166.045(b), Florida Statutes, titled "Proposed Purchase
of Real Property by Municipality; Confidentiality of Records; Procedure," for each purchase in an
amount in excess of Five Hundred Thousand Dollars ($500,000.00), the governing body shall
City of Miami Page 1 of 3 File ID: 5390 (Revision: A) Printed On: 1/31/2019
5390 - Legislation -SUB
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT.
File ID: 5390
Enactment Number: R-19-0049
obtain at least two (2) appraisals by appraisers approved pursuant to Section 253.025, Florida
Statutes; and
WHEREAS, the City obtained two (2) appraisal reports from licensed State of Florida
certified appraisers reflecting a market value of Eight Hundred Ninety Thousand Dollars
($890,000.00) and Nine Hundred Forty Thousand Dollars ($940,000.00), respectively, with an
average value for the two (2) appraisals of Nine Hundred Fifteen Thousand Dollars
($915,000.00); and
WHEREAS, Section 166.045(b), Florida Statutes, further states that if the agreed
purchase price exceeds the average price of the two (2) appraisals, the governing body is
required to approve the purchase by an extraordinary vote; and
WHEREAS, the City's estimated total cost for the acquisition of the Property will not
exceed One Million One Hundred Thirty Thousand Dollars ($1,130,000.00) to cover the cost of
said acquisition including the cost of a survey, environmental report, title insurance, demolition,
securing the property, project signage, and related applicable closing costs associated with said
acquisition, all in accordance with the terms and conditions of the Agreement; and
WHEREAS, the funds necessary for said estimated total cost for the acquisition of the
Property are to be allocated from the City's OCI Project No. 40-13183415, District 3 Park 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
hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. By a four-fifths (4/5ths) affirmative vote of the City Commission, the City
Manager is authorized' to negotiate and execute the Agreement, in a form acceptable to the
City Attorney, between the City and the Seller for the acquisition of the Property with an
approximate total area of 12,700 square feet as shall be legally described in the Agreement for
a total purchase price of One Million One Hundred Thousand Dollars ($1,100,000.00).
Section 3. Funding for the acquisition of the Property is to be allocated from the City's
OCI Project No. 40 -Bl 83415, District 3 Park Land Acquisition in a total amount not to exceed
One Million One Hundred Thirty Thousand Dollars ($1,130,000.00) to cover the cost of said
acquisition including the cost of a survey, environmental report, title insurance, demolition,
securing the Property, project signage, and applicable related closing costs in accordance with
the terms and conditions in the Agreement.
Section 4. The City Manager is further authorized' 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 necessary to effectuate said acquisition.
' 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.
City of Miami Page 2 of 3 File ID: 5390 (Revision: A) Printed on: 1/31/2019
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT.
File ID: 5390
Enactment Number: R-19-0049
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor .2
APPROVED AS TO FORM AND CORRECTNESS:
1
ria i dez, ity ttor ley 1!1412019 ria dez, Cify Attor ley 1/30/2019
z 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 3 of 3 File ID: 5390 (Revision: A) Printed on: 1/31/2019
OF SUBSTITUTED
- City of Miami
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Legislation 3r�Ofl Pa" American Drive
Miami, FL 33133
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File Number: 5390 Final Action D e
A RESOLUTION OF THE MIAMI CITY COMMISSION, BY A FOUR-FIFTHS (4/5 S)
AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO NEGOTIAT ND
EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A ORM
ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIA ("CITY")
AND MANGO ROAD LLC, A FLORIDA LIMITED LIABILITY COMPANY " ELLER"),
FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 2445 UTHWEST
5TH AVENUE AND 471 SOUTHWEST 25TH ROAD, MIAMI, FLORI
(COLLECTIVELY, "PROPERTY") WITH AN APPROXIMATE TOT AREA OF 12,700
SQUARE FEET, AS SHALL BE LEGALLY DESCRIBED IN THE GREEMENT, FOR A
TOTAL PURCHASE PRICE OF ONE MILLION ONE HUNDRE THOUSAND
DOLLARS ($1,100,000.00); ALLOCATING FUNDS FROM T CITY'S OFFICE OF
CAPITAL IMPROVEMENTS ("OCI") PROJECT NO. 40-B1 415, DISTRICT 3 PARK
LAND ACQUISITION INA TOTAL AMOUNT NOT TOE EED ONE MILLION ONE
HUNDRED THIRTY THOUSAND DOLLARS ($1,130,0 .00) TO COVER THE COST
OF SAID ACQUISITION, INCLUDING THE COSTO A SURVEY, ENVIRONMENTAL
REPORT, TITLE INSURANCE, DEMOLITION, SE RING THE PROPERTY,
PROJECT SIGNAGE, AND RELATED APPLICA E CLOSING COSTS ASSOCIATED
WITH SAID ACQUISITION, ALL IN ACCORD CE WITH THE TERMS AND
CONDITIONS IN THE AGREEMENT; FURT R AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECU ANY AND ALL NECESSARY
DOCUMENTS, INCLUDING AMENDME S AND MODIFICATIONS TO SAID
AGREEMENT, INA FORM ACCEPTA E TO THE CITY ATTORNEY, AS MAY BE
NECESSARY TO EFFECTUATE S ACQUISITION.
WHEREAS, the City of Mia ("City") wishes to acquire the real property located at 2445
Southwest 5th Avenue and 471 S thwest 25th Road, Miami, Florida (collectively, "Property")
with an approximate total area 12,700 square feet; and
WHEREAS, the Prop6rty is located in an underserved area with respect to parks; and
WHEREAS, the ity plans to construct a park that will enhance the quality of life of
residents in the surro ding area; and
WHEREA ,Mango Road LLC, a Florida limited liability company ("Seller"), has agreed
to enter into a P rchase and Sale Agreement, in a form acceptable to the City Attorney
("Agreement" to convey the Property to the City for a total purchase price of One Million One
Hundred T usand Dollars ($1,100,000.00); and
HEREAS, pursuant to Section 166.045(b), Florida Statutes, titled "Proposed Purchase
of Re Property by Municipality; Confidentiality of Records; Procedure," for each purchase in an
am nt in excess of Five Hundred Thousand Dollars ($500,000.00), the governing body shall
o ain at least two (2) appraisals by appraisers approved pursuant to Section 253.025, Florida
tatutes; and
WHEREAS, the City obtained two (2) appraisal reports from licensed State of Florida
certified appraisers reflecting a market value of Eight Hundred Thousand Dollars ($800,000.00)
SUBSTITUTED
and Seven Hundred Thousand Dollars ($700,000.00), with an average value for the two (2)
appraisals of Seven Hundred Fifty Thousand Dollars ($750,000.00); and
WHEREAS, Section 166.045(b), Florida Statutes, further states that if the agreed
purchase price exceeds the average price of the two (2) appraisals, the governing body is
required to approve the purchase by an extraordinary vote, a four-fifths (4/5ths) vote of the
Commission; and
WHEREAS, the City's estimated total cost for the acquisition of the Property will t
exceed One Million One Hundred Thirty Thousand Dollars ($1,130,000.00) to covert cost of
said acquisition including the cost of a survey, environmental report, title insurance, emolition,
securing the property, project signage, and related applicable closing costs assoc' ed with said
acquisition, all in accordance with the terms and conditions of the Agreement; a
WHEREAS, the funds necessary for said estimated total cost for the,Acquisition of the
Property are to be allocated from the City's OCI Project No. 40-8183415, istrict 3 Park Land
Acquisition;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISrl\l OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the P amble to this Resolution are
hereby adopted by reference thereto and incorporated here' as if fully set forth in this Section.
Section 2. By a four-fifths (4/5ths) affirmative vo of the City Commission, the City
Manager is authorized to negotiate and execute the eement, in a form acceptable to the City
Attorney, between the City and the Seller for the ac isition of the Property with an approximate
total area of 12,700 square feet as shall be legal) escribed in the Agreement for a total
purchase price of One Million One Hundred Th sand Dollars ($1,100,000.00).
Section 3. Funding for the acquisitio of the Property is to be allocated from the City's
OCI Project No. 40-13183415, District 3 P Land Acquisition in a total amount not to exceed
One Million One Hundred Thirty T/nae,
d Dollars ($1,130,000.00) to cover the cost of said
acquisition including the cost of a environmental report, title insurance, demolition,
securing the Property, project signd applicable related closing costs in accordance with
the terms and conditions in the Ant.
Section 4. The City Mq6ager is further authorized to negotiate and execute any and all
necessary documents, inclXing amendments and modifications to said Agreement, in a form
acceptable to the City Att hey, as may be necessary to effectuate said acquisition.
Section 5. Th' Resolution shall become effective immediately upon its adoption and
signature of the Ma r.
APPROVED AWO FORM AND CORRECTNESS:
ez,