Letter from Ocean Beach Realty
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TO THE TOWN COUNCIL OF THE TOWN OF MIAMI BEACH. FLORIDA.
Gentlemen:...
Whereas it has been brought to our attention
that numerous petitions have been signed and f iled/~t) tpur
Honorable Body requesting you to purohase from our Company &
traot ot land desoribed as follows, to-wit:
Lying, being and situated in the Town of Miami
Beaoh in Dade County Florida"bounded on the
East by the Atlantio ooean, on the North by the
Riohard Ca.rney traot, on the'West by Ooean Drive,
and on the South by the EdmiadWilson tract.
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said tract of land oontaining appr~ximately ,twenty acres; and
Whereas ~he Ooean Beach Realty Company is
desirous of assisting the petitioners in so far as possible
in having said property purchased and set aside as a permanent
park for the Town of Miami Beach, the said Ocean Beach Realty
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Company hereby make the following proposition to the Town of
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Miami Beach as follows, to-wit:
The ooean Beach Realty Company will sell to
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the Town of Miami Beach upon land oontract the tract of land
desoribed above, whioh said tract has a fronta.ge upon the
Atlantic Ocean of 41aO feet, tor tte'sum of Forty Thousand
Dolla~s ($40,000.00), which said ~ shall be payable on or
before 'twenty years from the date hereof with interest thereon
at the rate of 5%p8E annum from January 1st, 1917. In oase
this proposition is aocepted, ~he Ooean Beaoh Realty COlPany
!and above
obligate and bind themselves to plant \h~ et!ip of
described in bermuda grass and oare for same until January
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1st, 1917. free of oharge to the Town of Miami Be_ohi After
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said date, the T6wn of Miami Beach to assume all responsi-
bility for the up-keel of said park.
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In case the Town of Miami Beaoh see proper
to acoept this proposition, we request that an ordinanoe be
passed aocepting said proposition, and authorizing the Mayor
abd the Town Clerk to enter into a formal contraot with our
Oompany purohasing said property, and authorizing 8aid Mayor
and Clerk in the Town of Miami Beach to execute and deliver
with said land contraot a note due on or before twenty years
after 4ate of said contraot, whioh said note shall bear
interest from January 1st, 1917, at 5% per annum.
In making this proposition, it is distinctly
understood and agreed that !h. Ooean Beach Realty Company are
selling this land to the Town of Miami Beach for muoh less
than its real value; it being understood that a part of the
consideration upon which said sale is based.is that said land
shall be perpetually used and dedioated '- park purposesJ and
should the Town of .1am~ Beach at any time divert or attempt
to divert said property for other purposes or offer same for
sale for residential or commercial purposes, then in suoh
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event all rights that may be ~ested in the Town of Miami Beach
under this proposition, o~ under any contract or deed that
may be entered into hereafter, .hall~mmedlately become null
and void and the title shall immediately re-vest in f~
Ooean Beach Realty Company.
Respeotfully submitted.
OCEAN BEACH REALTY COMjANY.
By a ~ J2Jn.nd..l .
~dent.