248-96 RDA
RESOLUTION NO.
248-96
A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI
BEACH REDEVELOPMENT AGENCY (THE "RDA") AUTHORIZING THE
EXECUTIVE DIRECTOR OF THE RDA TO PAY, WHEN AND IF
DIRECTED BY THE GENERAL COUNSEL OF THE RDA, UP TO AN
AMOUNT EQUAL TO 1.7 MULTIPLIED BY THE APPRAISED Y ALUE, TO
ACQUIRE FEE SIMPLE TITLE TO THE PROPERTY COMMONLY
KNOWN AS THE ANCHOR HOTEL, IN CONNECTION WITH PENDING
EMINENT DOMAIN LmGA nON REGARDING THAT PROPERTY OR A
SETTLEMENT OF THAT LITIGATION.
WHEREAS, the Miami Beach Redevelopment Agency (the "RDA") has instituted eminent
domain litigation to acquire fee simple title to the property (the "Property") commonly known as the
Anchor Hotel, having a street address of 1581 Washington Avenue, Miami Beach, Florida; and
WHEREAS, if the Court awards the Property to the RDA, the RDA will be required to pay
monies and, because such payment may have to be made before the RDA returns from its summer
recess, the RDA should authorize at this time, subject to the conditions in this resolution, the
Executive Director to pay those monies.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CHAIRMAN AND
MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY as follows:
1. The Executive Director of the RDA is authorized to pay, when and if directed by the
General Counsel of the RDA, up to an amount equal to 1.7 multiplied by the highest appraisal
obtained by the RDA or the City of Miami Beach concerning the Property, which amount includes
all fees and costs, except fees and costs attributable to the RDA's special counsel, to acquire fee
simple title to the Property, in connection with an order of taking or a settlement agreement.
2. The Executive Director of the RDA, General Counsel of the RDA and Special
Counsel for the RDA, and their respective designees, are authorized to take all other actions
incidental to effectuating the purposes of this resolution.
3. This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED thisl1th day of
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'oJ \.(..t CHAIRMAN
Jul
ATTEST:
J(ou..u.r f~
SECRETARY
FORM APPROVED
REDEVELOPMENT AGENCY
GE..NERAL COUN~ELh
By 74! r~~
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Miami Beach
Redevelopment Agency
1700 Convention Center Drive
Miami Beach, Florida 33139
Telephone: (305) 673-7193
Fax: (305)673-7772
REDEVELOPMENT AGENCY MEMORANDUM NO. 96-24
Date: July 17, 1996
TO: Chairman and Members of the Board
of the Miami Beach Redevelopment Agency
SUBJECT: LUTIONS - Miami Beach Redevelopment
Agency v. Herschel rams and Gloria Abrams, his wife, et
al., Eleventh Judicial Circuit Court, Case No. 96-11239
CA 10.
FROM: Jose Garcia-Pedrosa
Executive Director
ADMINISTRATION RECOMMENDATION:
Following the executive session, a determination will be made as to
whether the following Resolutions will be enacted.
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14
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AGENDA ITEM 2-D
July 17, 1996