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Resolution 2799 RESOLUTION NO. 2799 WHEREAS, the City of Miami Beach is the owner of improvement liens of a book value of approximately $7k1 ,391.5g consisting of approximately $526,255.50 principal and $215,136.08 accrued interest and penalties, which liens were placed against approximately 1704 parcels of land to pay a portion of the cost of construction of certain local improvements, and WHEREAS, many of these liens exceed the value of the parcels of land against which they are assessed, and WHEREAS, many of these liens exceed the special benefits of the improvements for which they were levied, and WHEREAS, the majority of these improvements were made and the liens levied during the years 1925, 1926 and 1927 when construction costs were abnormally high, and the cost of said improvements, there— fore , is now disproportionate to the special benefits to many of the parcels of land affected, and WHEREAS, it appears that because of excessive liens , a large majority of these parcels are and have been for several years in default in general City taxes and thereby tend to increase taxation against other property in the City, and WHEREAS, it would appear to be in the interests of owners of all property in the city to adjust said liens so said liens will not exceed the special benefits derived by virtue of the improvements and thereby encourage the payment of liens and general taxes , and WHEREAS, Chapter 16565 of the Special Acts of 1933 empowers the City Council by resolution "to compromise , abate , adjust and settle or reassess any and all liens for local improvements in the City of Miami Beach, Florida, and any and all lien sale certificates issued thereon, said compromise , abatement , adjustment , settlement or reassessment to be in conformity with the special benefits of the improvement to the property for which said lien was assessed." NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that all improvement liens and/or lien sale certificates owned by the City of Miami Beach applicable to lots or parcels of land hereafter described, together with accrued interest and/or penalties to date be, and they are hereby adjusted by apply ing proportional adjustments to each lien and/or lien sale certifi. Gate against each lot or parcel of land hereafter described so that the aggregate of liens and/or lien sale certificates against any]ot or parcel of land so described, together with accrued interest and/or penalties to date , shall be as follows: TOTAL OF LIEN AND/OR LIEN TOTAL OF LIEN AND/OR LIEN SALE CERTIFICATE PLUS SALE CERTIFICATE PLUS ACCRUED INTEREST AND/OR ACCRUED INTEREST AND/OR PENALTIES TO DATE AS PENALTIES TO DATE AS ADJUSTED _ 44. ADJUSTED LOT BLOCK ADJUSTED LOT BLOCK ADJUSTED SOUGH BEACH PARE 9 3 325.00 8. 75 ft. of N. 150 ft. 1 4 200.00 of Blk. 50 750.00 2 4 250.00 1 N 258.00 5 6 250.00 5 52 250.00 2 7 325.00 10 52 250.00 Harley Street 225.00 11 52 250.00 %IBA BEACH SUBDIYISI0 13 52 250.00 12 ---7- Isovoo 14 52 250.00 14 7 750.00 16 52 250.00 15 8 750.00 35 52 375.00 W. 50 feet of 4 53 1,600.00 9 & 10 9 900.00 12 9 750.00 10 54 300.00 13 9 750.04 11 54 300.00 14 9 750.00 12 54 300.00 10 55 300.00 15 9 750.00 14 10 800.00 7 56 425.00 6 75 425.00 OCEAN BEACH ADDITIQT W. 90 ft. 9 32 2,250.00 of 7 & 8 75 525.00 OCE ACH ATIO_N#2 E. 50 ft. of 16 76 125.00 8 29 2,250.00 12 78 250.00 9 29 1,750.00 14 78 250.00 OCEAN BEACH ADDITION #3 17 78 250.00 East half of 4 35 1,200.00 18 78 250.00 7 less w, 19 78 250.00 75 feet 35 1,100.00 2 36 1,400.40 13 80 4.25.04 1 37 750.04 15 81 300.00 16 81 425.00 2 37 600.00 16 82 425,00 7 47 1,350.00 7 83 425.00 1 . 1 #2 LOT BLOCS ADJUSTED LOT BLOCK ADJUSTER (ocean Beach Add. #3 , cont'd.) FIRST. ADDITION TO C010nCIAL 6 99 300.0o 5 17 2,500.00 1 100 425.00 FISHER'S FIRST SUBDIVISION WHITE & WOODWARDtS SUB._ 16 54 1,925.00 1 300.00 17 54 1,600.00 2 225.00 LINCOLN SUBDIVISION 3 225.0o 4 350.00 1 6o 625.0o 20 60 625.00 OCEAN BEACH ADDITION #3 20 61 625.00 5 101 900.00 20 63 625.00 All of 102 1,250.00 1 69 750.00 4 less east 142.1 feet 103 450.00 2 69 600.00 AMENDED RIVIERA.., etc._ 3 & east 32i feet 33 2B 300.0o of 4 69 650.0o 47 2B 300.00 4 70 600.00 4 02 300.00 3 72 600.00 02 300.0o 5 73 750.00 ISLAND VIEW SUBDIVISION 3 74 600.00 1 11 1,750.0o P I NE RIDGE SUBDIV___I SION 3 11 1,600.00 3 75 800.00 10 11 3,500.00 GARDEN SUBDIVISION 11 11 875.00 1 3 275.00 12 11 1,000.00 2 3 200.00 13 11 1,000.00 12 3 400.00 2 12 400.00 LAKEVIEW SUBDIVISION 5 12 775.00 11 31 1 ,800.00 6 12 775.00 RESUBDIVISION OF LOT 1, BLOCK 1 , MID GOLF SUB. 7 12 1,125.00 7 1 1,350.00 1 15 1:750.00 8 1 1 ,000.00 2 16A 800.00 12 16A 700.00 9 1 1,000.00 10 1 1,000.00 1 17A 2 ,500.00 11 1 2,000.00 17A 2,250.00 12 1 1,250.00 • #3 LOT BLOCK ADJUSTED LOT BLOCK ADJUSTED BEACH VIEW ADDITION. 2 2 1,750.00 End of Street at Bay Road and Col- 6 2 1,750.00 line Canal 150.00 East 75.06 feet of Lot 15 13 150.00 OCEAN FRONT PROPERTY OF THE MIAMI BEACH IMPROVEMENT COMPANY -11 3 3,25e-re 1 19 4,000.00 PASSED AND ADOPTED this 16th day of March, A. D. , 1934. President of City Council ATTE_, ity ,, ler g g2. ""i H Q 0H 5 0 • CD CD m -NJ