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Agreement /So. Pointe Elem.OFFICE OF THE CITY MANAGER ROB W. PARKINS CITY MANAGER TO: FROM: SUBJECT: FLORIDA 33139 "VACATIONLAND U.S.A." CITY HALL 1700 CONVENTION CENTER DRIVE TELEPHONE: 673-7010 COMMItION MEMORANDUMNO, DATE: September 7, 19gg Mayor AJex Daoud and C:;ManagerTPa::,,~,C~'~7°n PIRST AMENDED AND RESTATED ACQUISITION AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND THE SCHOOL BOARD OF DADE COUNTY, FLORIDA, FOR THE EXPANSION AND REOPENING OF THE SOUTH POINTE ELEMENTARY SCHOOL Background: The City of Miami Beach and the School Board of Dade County, Florida, entered into an Acquisition Agreement on February 2, 1987, pursuant to City Commission Resolution No. g6-18712, which was passed on December 17, 1986. The Acquisition Agreement provided for the expansion and reopening of the South Pointe Elementary School. Pursuant to this agreement, the City was obligated to front all costs for the acquisition of the lands to the east of the existing school and a strip of land to the south of the school site. Due to the passage of the recent school bond issue, the City expressed the desire that the School Board absorb the cost of the school site expansion. The ownership of the land would then be vested with the School Beard. Current Status: The School Beard, at its meeting of 3uly 27, 1988, approved the proposed amendment to the South Pointe Land Acquisition Agreement with the City of Miami Beach. The relative terms and conditions of this amendment are as follows: 1. The City is to continue the administration and the responsibility for completion of the land acquisition. 2. Subject property, prior to transfer to the School Board, is to be cleared and all structures demolished. 3. The City shall close 3rd Street and the alleyway, thereby making these areas part of the school site. The School Board's buyback ol the land shall not exceed $2,000,000. Any expenditure over this amount shall be absorbed by the City of Miami Beach. Additionally, any costs related to City staff time and related Administrative and City Attorney charges shall be excluded from the School Board cost responsibility. ADMINISTRATION RECOMMENDATION: The Administration recommends that the Mayor be authorized to execute the first amended and restated Acquisition Agreement between the City of Miami Beach and the School Beard of Dade County, Florida, for the expansion and reopening of the 5outh Pointe Elementary School. RWP:WHH:blb · 16 ITEM OATE S