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Resolution 83-17597 1 RESOLUTION NO. 83-17597 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA AUTHORIZING EXERCISE OF THE CITY'S OPTIONS WITH FLAGSHIP NATIONAL BANK OF MIAMI ; REAPPROPRIATION OF $144 ,000 FOR THE PURCHASE PRICE OF THE LOTS ; AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE FINAL PURCHASE AND SALES CONTRACTS IN ACCORDANCE WITH ALL CURRENT OPTION CONTRACTS AND STATE REQUIREMENTS . WHEREAS, on November 16 , 1983, the City Commission approved dividing the Save our Coast North Shore parcel into two parcels; and WHEREAS , the City accepted the Florida Cabinet conditions as set forth at the September 20 , 1983 Florida Cabinet Meeting; and WHEREAS, eminent domain proceedings have been authorized for the properties between 77th Street and 79th Street east of Collins Avenue; and WHEREAS , the Florida Cabinet has given final approval to the acquisition of the revised North Shore Parcel and has authorized the immediate release of $2 . 2 million toward the project; and WHEREAS the Florida Department of Natural Resource has been authorized to exercise its options with the City of Miami Beach, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH that the City Commission authorize the exercising of the City' s options with Flagship National Bank of Miami; reappropriate $144 ,000 as outlined in the Commission Memorandum dated December 21, 1983 entitled, "Appropriation of Funds toward North Shore (Save our Coast) Acquisition" ; and authorize the Mayor and City Clerk to execute necessary final purchase and sale contracts in accordance with all current option contracts and State requirements. PASSED and ADOPTED this 21st day of December , 1983 . / r AYOR Attest: FORM APPROVED LEGAL DEPT. City Clerk MLB/jhd 12163By- Date... OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH, FLORIDA 33139 ORIGINAL RESOLUTION NO. 83-17597 (Authorizing exercise of the City's options with Flagship National Bank of Miami; re- appropriation of $144,000 for the purchase price of the lots; and authorizing the Mayor and City Clerk to execute the final purchase and sales contracts in accordance with all current option contracts and statE requirements.)