Resolution 10826 RESOLUTION NO. 10826
WHEREAS, the City Council of the City of Miami Beach deems
it to be necessary to acquire, for off the street parking of
automobiles, the fee simple title in and to that certain parcel
of land situate in the City of Miami Beach, Dade County, Florida,
described as follows, to wit:
Lots 6, 8 and 10 of Block 1 of the OCEAN
FRONT PROPERTY OF TIE MIAMI BEACH IMPROVE-
MENT COMPANY, according to the plat thereof,
recorded in Plat Book 5, at pages 7 and 8
of the public records of Dade County, Florida;
and
WHEREAS, DAVID SINGER, the owner of said land, has agreed
to sell and convey said land to the City of Miami Beach for the
sum of $130, 000. 00, payable as follows: Cash in the sum of
$30, 000. 00 and a purchase money mortgage for the balance of the
purchase price, securing ten notes of $10, 000.00 each, maturing in
one, two, three, four, five, six, seven, eight, nine and ten
years, respectively, with interest at the rate of 5% per annum,
payable quarterly; and
WHEREAS, there has been prepared and submitted to the
City Council an agreement between the owner and. the City, whereby
the said owner agrees to sell and the City agrees to purchase said
land upon the terms and conditions set forth in said agreement,
the City Council being familiar with the contents thereof; and
WHEREAS, the City Council deems it to be to the best
interest of the City of Miami Beach and its inhabitants to purchase
said land for the purpose of off the street parking of automobiles
at the price and upon the terms and conditions set forth in said
agreement;
NOW, THEREFORE, BE IT RESOLVED by the CITY COUNCIL OF THE
CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Clerk
be and they are hereby authorized and directed to execute said
agreement in the name of and on behalf of said City.
BE IT FURTHER RESOLVED that the disbursing officers of
said City be and they are hereby authorized and directed to make
the expenditures called for by said agreement from funds of the
City available for such purpose, and that the proper officers of
said City be and they are hereby authorized to execute the
necessary instruments to carry out the terms of said agreement.
PASSED and ADOPTED this 3rd day of October, A. D.
1962 .
Mayor
ATTEST:
/61-L if
City Clerk /
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