Resolution 7594 RESOLUTION NO. 7594
WHEREAS, on the 18th day of April, A. D., 1951 the City Council
of the City of Miami Beach, Florida passed and adopted Resolution No.
7551 accepting a proposal to sell to the City, on terms and conditions
therein referred to, that certain property, situate, lying and being in
Miami Beach, Dade County, Florida and described as follows:
Lots Seventeen (17) , Eighteen (18) , Nineteen (19) , Twenty (20) ,
and Twenty-one (21) in Block Three (3) of Second Ocean Front
'Subdivision, according to the Plat thereof, recorded in Plat
Book 28, at Page 28, of the Public Records of Dade County,
Florida, together with the filled lands and bulkhead adjacent
thereto on the west; and
WHEREAS, the City Council deems it to be to the best interest of the
City to modify the terms and conditions set forth in said Resolution No.
7551 in the manner and to the extent hereinafter set forth; and
WHEREAS, Louis Miller and Dora Miller, his wife, and Harry A.
Miller and Jeanne E. Miller, his wife, and A. Ernest Woolfe and Betty
Woolfe, his wife, and George B. Dodge and Helen Dodge, his wife, through
A. Ernest Woolfe as their agent, as owners of the above described lands
have indicated their willingness to accept said modifications and to sell
said lands to the City of Miami Beach, Florida, on the terms and conditions
hereinafter set forth, for the sum of Two Hundred Six Thousand Two Hundred
Fifty (. 206,250.00) Dollars, payable as follows:
Twenty (20) certificates of indebtedness, which shall be revenue
certificates, each in the sum of Ten Thousand Three Hundred
Twelve Dollars and Fifty Cents (410,312.50) bearing interest at
the rate of three and one-half percent (3- ) per annum, payable
semi-annually, and aggregating the total sum of Two Hundred Six
Thousand Two Hundred Fifty (4206,250.00) Dollars maturing,
Two (2) each year, for One (1) , Two (2) , Three (3) , Four (4+) ,
Five (5) , Six (6) , Seven (7) , Eight (8) , Nine (9) , and Ten (10)
years from date, respectively.
The conveyance of the above described property from the said owners
to said City to be by good and sufficient Warranty Deed and subject only
to restrictions of record; taxes for the year 1951 (which are to be
pro-rated as of the date of closing), and zoning ordinances of the City
of Miami Beach, Florida and also subject to any and all liens, pending,
certified or contractual which may be held by the City of Miami Beach
on account of filling and bulkheading; and
WHEREAS, the City Council deems it to he to the best interest of the
City to acquire said property, at the price and on the terms herein set
forth, for offstreet parking of automobiles and for other municipal
purposes ,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Miami Beach, Florida, that the proposal, above described, as herein
modified, be and the same is hereby accepted on behalf of said City and
the City Manager be, and he is hereby authorized and directed to consum-
mate said transaction, upon the approval of Title by the City Attorney;
that the Mayor and the City Clerk be and they are hereby authorized
and directed to execute, in the name of and in behalf of said City,
revenue certificates of indebtedness and any other instruments required
to be executed in order to consummate the transaction.
-1-
The revenue certificates of indebtedness issued hereunder shall
not be deemed to constitute a general obligation of the City of Miami
Beach and they shall not obligate the City, directly or indirectly,
or contingently, to levy or pledge any form of taxation for their
payment, either principal or interest, but shall be payable solely and
exclusively from revenue derived from the following: Fines and for-
feitures; Licenses; Permits; Normandy Isle Golf Course; Bay Shore Golf
Course; Playgrounds; Bathing Beach; Vehicle Inspection; Rents and Leases;
Tapping Service; Water Sales; Bus and Jitney Franchise, commonly referred
i to as "Departmental Revenue" , (unless such certificates are hereafter
ratified and approved at an election held in accordance with Section 6
of Article IX of the Constitution of Florida) , and the City covenants
with the seller and the holders of such revenue certificates that it
will not create any lien, debt, charge or encumbrance on the property
herein authorized to be purchased or the revenues of such property having
priority over the certificates herein issued, and that it will not sell,
mortgage, lien or otherwise dispose of or encumber the property without
consent in writing of the holders of such revenue certificates, and in
the event of the sale or lease of any of such property, it will, if
required, pay the proceeds on account of the principal or interest of
any unpaid and outstanding revenue certificates.
That all resolutions or parts thereof in conflict herewith be and the
same are hereby declared to be superseded hereby and inoperative to the
extent of such conflict.
PASSED and ADOPTED this 2nd day of May, A. D. 1951.
` 1 c /
i v,A(
0 Mayor
ATTEST:
.
Ci y Clerk
-2-
r
H w
.. •
LC\ O CO o
1a� 'CI• 0 •' x; bO
,1 z ccdHN •��
i z a cnr'i sem+
a m4-) c�
H H U O R.
oCS O -I-3
t-7 HH
oo aO H 4
M NH
r1 O N
F+ 4-) 4-4
O 'CI 4-H
:V3 m c O
• 4-i $-1
RS 4-4 0 0
O N 4-f