RESOLUTION 88-19405 RESOLUTION NO. 88-19405
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF MIAMI BEACH AUTHORIZING THE
MAYOR TO EXECUTE A MODIFIED AGREEMENT
WITH OREN DEVELOPMENT CORPORATION
REGARDING THE SALE OF PROPERTIES LOCATED
AT 3516-20 COLLINS AVENUE AND 3 602
COLLINS AVENUE.
WHEREAS, the City of Miami Beach is the Owner of the
following described properties; and
PARCEL A
LOTS 12 , 13 AND 14, BLOCK 24, AMENDED MAP,
OCEANFRONT PROPERTY , MIAMI BEACH IMPROVEMENT
COMPANY SUBDIVISION, ACCORDING TO THE PLAT THEREOF,
AS RECORDED IN PLAT BOOK 5, PAGES 7-8 , PUBLIC
RECORDS OF DADE COUNTY, FLORIDA. (ALSO KNOWN AS
3516-20 COLLINS AVENUE)
PARCEL B
LOTS 10 , 11 AND 15, BLOCK 26 AMENDED MAP,
OCEANFRONT PROPERTY , MIAMI BEACH IMPROVEMENT
COMPANY SUBDIVISION, ACCORDING TO THE PLAT THEREOF,
AS RECORDED IN PLAT BOOK 5, PAGES 7-8, PUBLIC
RECORDS OF DADE COUNTY, FLORIDA. (ALSO KNOWN AS
3602 COLLINS AVENUE)
WHEREAS, on or about March 21, 1988 the City issued Request
for Proposal No. 63-87/88 , requesting proposals from interested
parties to purchase the above described properties; and
WHEREAS, on or about May 4 , 1988, Oren Development
Corporation filed a proposal with the City for the above
described properties offering to purchase the properties for the
sum of $535, 000; and
WHEREAS, on June 1, 1988 the City Commission authorized the
administration to prepare a Contract of Sale for the above
described properties; and
WHEREAS, a Contract of Sale including Exhibit "A" attached
thereto, has been negotiated between the parties and has been
recommended by the City Manager and has been approved to form by
the City Attorney; and
WHEREAS, the parties to the above referenced contract wish
to modify and execute the Agreement attached to the Contract for
Sale as Exhibit "A" (the "Agreement") , to reflect that the time
period referred to in paragraph 3 (b) (3) of said Agreement, shall
be extended from six (6) months to twelve (12) months; and
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WHEREAS, the City Commission has approved said amendment.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, that the mayor is hereby
authorized to execute on behalf of the City of Miami Beach a
modified version of Exhibit "A" (the "Agreement") of the Contract
for Sale dated September 12 , 1988, to be entered into with Oren
Development Corporation regarding the properties located at 3516-
20 Collins Avenue and 3602 Collins Avenue, and further, the Mayor
is authorized to execute any and all documents necessary to carry
out the closing of the properties.
PASSED and ADOPTED this 5th day of October , 1988 .
/ /f
A/7
MAr'OR
ATTEST:
CITY CLERK
FORM APPROVED:
LEGAL DEPARTMENT
DATE: () _..
JLM/rlw
10/6/88
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ORIGINAL
RESOLUTION NO. 88-19405
(Authorizing the Mayor to execute a Modi-
fied agreement with Oren Development Corp.
regarding the sale of properties located
at 3516-20 Collins Avenue and 3602 Collins
Avenue)