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Resolution 86-18510 • • RESOLUTION NO. 86-18510 A RESOLUTION AUTHORIZING PARTICIPATION BY THE CITY OF MIAMI BEACH, IN THE ACQUISITION OF BLOCK 113 IN SOUTH POINTE AS PART OF THE STATE OF FLORIDA, SAVE OUR COAST PROGRAM CONTINGENT UPON ADEQUATE AND AVAILABLE FUNDING THROUGH PASSAGE OF A PROPOSED CITY OF MIAMI BEACH $2 MILLION BOND ISSUE FOR LAND ACQUISITION UNDER THE SAVE OUR COAST PROGRAM; AND FURTHER AUTHORIZING • THE CITY MANAGER TO ENTER INTO AN AGREEMENT TO DEVELOP AND MANAGE THE LAND TO BE ACQUIRED AS AN EXTENSION OF THE EXISTING PIER AND SECOND STREET PARKS. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, THAT, WHEREAS, the Florida Department of Natural Resources, Bureau of Land Acquisition implements the Save Our Coast Program; and WHEREAS, the Save Our Coast Program was created to develop additional open public beachfront coast line property; and WHEREAS, on 12-23-85 the City of Miami Beach adopted Resolution No. 85- 18310 authorizing the administration to make formal application for the acquisition of Block 113 under the Save Our Coast Program; and WHEREAS, the City of Miami Beach serves as the valid sponsor for this project; and WHEREAS, on June 12, 1986 the Land Acquisition Selection Committee selected this site for further review and consideration for possible acquisition under the Save Our Coast Program; and WHEREAS, the site was selected for additional consideration based upon the City's expressed willingness to participate in this project; and WHEREAS, the City would require current appraisals be prepared for each of the properties; and WHEREAS, the City's participation would be subject to receipt, review, and approval of all appraisals by the City of Miami Beach as required by State Statute and program regulations; and the ability of the City to participate in the negotiations for land acquisition based on the appraisals; and • WHEREAS, the City of Miami Beach's participation in acquisition of this property.would be limited to any cost overages above the approved appraisal price of any property which the City and State has mutually agreed to acquire; and WHEREAS, Statutory requirements of the Save Our Coast Program requires a development and management plan for any property acquired under this program; and WHEREAS, the City desires to acquire this property to extend the City's existing Pier Park and Second Street Park and to manage this as a City Park. NOW THEREFORE, be it duly resolved by the City Commission of the City of Miami Beach, Florida, that it authorizes participation in the acquisition of Block 113, in South Pointe as part of the State of Florida Save our Coast Program contingent upon adequate funding through the passage of the proposed $2 million Bond Issue for land acquisition; and further authorizes the City Manager to enter into an agreement to develop and manage the land to be acquired as an extension of the existing Pier and Second Street Park. PASSED and ADOPTED this 9th day of Jul , 1986. .44er'1.7-1 urP MA. OR ATTEST: "1,424, CA_ %.4f.2-1-/ CITY CLERK RWP:SLR:dd FO AM APP `K � '/"/^_r-'//Mi)I`.1��� _'_'-'""'-✓may, I 7-F6 • • 1 . G L uniu11Vt1L RESOLUTION NO. 86-18510 (Authorizing participation by the City of_ Miami Beach, in the acquisition of Block 113 in South Pointe as part of the State'. of Florida, Save our Coast Program contin- gent upon adequate and available funding through passage of a proposed City of Miam; Beach $2 million bond issue for land acquisition under the Save Our Coast Prog- gram; and further authorizing the City AI Manager to enter into an agreement to develop and manage the land to be acquired as an extension of the existing pier and Second Street parks)