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Reso 73-14058 '. .' C-c/J;"'CO P~~~vzJy RESOLUTION NO. 73-14058 WHEREAS, the City Council of the City of Miami Beach, Florida, did heretofore authorize and direct Mr. S. Z. Bennett, the City's Real Estate Consultant, to neg- otiate with the owners of a certain parcel of land sit- uate in the City of Miami Beach described as: Tract B, INDIAN BEACH CORPORATION SUBDIVISION, as recorded in Plat Book 8, page 61, of the public Records of Dade County, Florida, with the view of acquiring the same for park and recrea- tional purposes, and WHEREAS, the said S. Z. Bennett did, on July 18, 1973, at a regular meeting of the City council, re- port that the owners of said parcel of land, in lieu of condemnation proceedings, are willing to sell and convey the same to the City of Miami Beach for the sum of TWo Million TWo Hundred and Fifty Thousand Dollars ($2,250,000.), and WHEREAS, the said S. Z. Bennett did further report to the City Council of the City of Miami Beach that Metropolitan Dade County is willing to contribute one- half of the said proposed sale price, or One Million One Hundred and TWenty-Five Thousand Dollars ($1,125,000.), toward the purchase and acquisition of said parcel of land so that the same may be devoted to park and recrea- tional usesr the fee simple title to the said parcel of land to be vested in the City of Miami Beachr and the operation and maintenance thereof to be the responsibility of the City of Miami Beach, and WHEREAS, the said S. Z. Bennett has further advised the City Council of the City of Miami Beach that the Miami Beach First National Bank is ready, willing and able to finance, by an appropriate loan, the City's portion of the cost of the acquisition of the said parcel of land over a ten (10) year period, and WHEREAS, the said S. Z. Bennett, and the City Manager, have recommended to the City Council the accept- ance of said prospective offer by the owners of the said parcel of landr Metropolitan Dade County: and the Miami Beach First National Bank, and . . ,. WHEREAS, the City Council of the City of Miami Beach, Florida, has found and determined that the acqui- sition of said parcel of land, on the conditions here- inabove set forth, is necessary to the health and welfare of the citizens and residents of the City of Miami Beach and is in the best interests of said City, its residents and inhabitants, NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that it here- by accepts and approves the recommendation of the'said S. Z. Bennett and the City Manager and agrees' to purchase the same for the said sum of TWo Million TWo Hundred and Fifty Thousand Dollars ($2,250,000.) subject to a suit- able and appropriate agreement for such purpose to be entered into by the parties and to be approved by the 0I'RCa 011 em AnoINIY-UIO W_NetON AVINUI-~ IIAGI. ~ "119 Jif:~~~~'~~~","" ,;"." ',' ,'I',: ~', ~l;'~':"',- ~""II..',""'-< . '. . , ~ .........~ City Council of the City of Miami Beach, Florida, and setting forth the appropriate provisos hereinabove set forth, to wit: the contribution by the Board of Com- missioners of Metropolitan Dade County of one-half of said purchase price, to wit: One Million One Hundred and TWenty-Five Thousand Dollars ($l,125,OOO.)r the simple title to said parcel of land to be vested in the City of Miami Beach, the City of Miami Beach being charged with the duty and responsibility to operate and maintain said parcel of land for public parks and recreational purposesr and that a suitable and satis- factory proposal for the financing of the City's share of the said purchase price over a ten (10) year period of time, by the Miami Beach First National Bank Of Miami Beach, Florida, has been received, and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the City Manager be and he is hereby authorized and directed, to direct a communication to the County Commission of Metropolitan Dade County advising that Honorable Body of the adoption of this resolution, and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the City Council of the City of Miami Beach, Florida, for it- self, each individual member thereof, and for and on behalf of the citizens and residents of the City of Miami Beach, Florida, does hereby extend to the Board of commissioners of Metropolitan Dade County, Florida, and particularly to Commissioner Harvey Ruvin, and County Manager Ray Goode, their most profound and lasting appreciation for the efforts and cooperation extended to the City Council of the City of Miami Beach, in reaching this accord and agreement and they further express the trust and confidence that the culmination and completion of this joint enterprise augurs a new era in the cordial and cooperative rela- tionship between these two governmental agencies. PASSED and ADOPTED this 18th day of July, 1973. ~~~ Mayor . Attest: -11~ 7ha7A~~A~~ Acting City Clerk ST ATE OF FLORIDA COUNTY OF DADE: I, ELAINE MATTHEWS, City Clerk of the City of Miami Beach, Florida, do hereby certify that the above and foregoing is a true and cor. rect copy of the original thereof on file In this office.. ., WITNESS, my harJd a~he seal of said 9IY this tJ day of/~.D. 19'7\ . ELAINE MA"'WS Cit~~tyo~jm~ By: ~ -2- ..~.. ~.... OfRCI Of Cl1'I Anoa.Y-U. WA_NefON AVINllI-~ IIACII, fLOIlDA II'"