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RESOLUTION 88-19425 RESOLUTION NO. 88-19425 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING ACCEPTANCE OF A SETTLEMENT OFFER WITH RUBEN GARCIA, PRESIDENT OF MGM APARTMENTS, INC., IN THE AMOUNT OF $226,000 FOR THE ACQUISITION OF THE SOUTH 50 FEET OF NORTH 120 FEET OF LOT 5, AND THE SOUTH 80 FEET OF LOT 5, BLOCK 101, OCEAN BEACH ADDITION NO. 3, PLAT BOOK 2, PAGE 81, PUBLIC RECORDS OF DADE COUNTY, FLORIDA, AT 200-216 MICHIGAN AVENUE, FOR THE SOUTH POINTE ELEMENTARY SCHOOL LAND ACQUISITION PROJECT. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA; WHEREAS, the City Commission of the City of Miami Beach is desirous of purchasing property surrounding the Dade County School Board property located in the redevelopment area; and WHEREAS, the City Commission of the City of Miami Beach adopted Resolution No. 86-18369 on February 5, 1986, authorizing the City Manager to initiate procedures for clearance of bond funds to purchase the property surrounding the South Beach Elementary School; and WHEREAS, the City Commission authorized the City Attorney and the City Manager to proceed with negotiations and methods to accomplish the purchase; and WHEREAS, the City Commission of the City of Miami Beach adopted Resolution No. 86-18563 on September 3, 1986, appropriating $2,300,000 in available funds from the reallocation of bond funds to the South Beach Elementary School Land Acquisition Project; and WHEREAS, the City Commission of the City of Miami Beach adopted Resolution No. 86-18712 on December 17, 1986, authorizing execution of the Acquisition Agreement between the City of Miami Beach and the Dade County School Board for the approved expansion and reopening of the South Beach Elementary School; and WHEREAS, the City Commission on April 6, 1988, amended Resolution No. 87-19007 by Resolution No. 88-19212 so as to recognize the change in the name of the project known as the South Beach Elementary School Land Acquisition Project to the South Pointe Elementary School Land Acquisition Project; and WHEREAS, the City Administration has negotiated the purchase price of $226,000 for the described property; and WHEREAS, the funding for this project has been taken from the reallocation of Bond Fund 351 and placed into the South Pointe Elementary School Land Acquisition Project Work Order No. 2970. NOW, THEREFORE BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, THAT: 1. The recommendation of the City Manager and staff as to the purchase price of $226,000 for the South 50 feet of North 120 feet of Lot 5, and the South 80 feet of Lot 5, Block 101, Ocean Beach Addition No. 3, Plat Book 2, Page 81, Public Records of Dade County, Florida for the South Pointe Elementary School Land Acquisition Project is hereby accepted and approved. 2. Funds in the amount of $226,000 are to be used from existing funds in Work Order No. 2970. PASSED and ADOPTED this 2nd day of November 1988. Vice Mayor Attest: City Clerk APPROVED AS TO FORM: APPROVED AS TO FUNDING SOURCE OFFICE OF MANAGEMENT AND BUDGET BY ♦ ---- e al Department L g � DATE Dated /O/2 6 g•�� ORIGINAL RESOLUTION NO. 88-19425_ (Authorizing acceptance of a settlement offer with Ruben Garcia, President of MGM Apartments, Inc. , in the amount of $226,000 for the acquisition of the So. 50 feet of North 120 Feet of Lot 5, and the So. 80 ft. of Lot 5, Blk, 101, Ocean Beach Addition No. '3, Plat Book 3, pg. 81] Public records of Dade County, Florida at 200-216 Michigan Avenue, for the So. Pointe Elementary School land acquisition project)