Resolution 81-16595 •
r -
RESOLUTION NO. 81-16595
AUTHORIZING THE ACQUISITION OF TRACT "B" ,
PARKVIEW POINT SUBDIVISION, FOR $423 , 500 . 00
AS RECOMMENDED BY THE CITY MANAGER AND
S. Z . BENNETT; SUBJECT TO NORMAL PRORATIONS
AND ADJUSTMENTS; AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE A SALES CONTRACT FOR
SAID PURCHASE; AND AUTHORIZING PROPER
FINANCIAL OFFICERS TO MAKE DISBURSEMENTS
CALLED FOR UNDER CONTRACT OF SALE.
WHEREAS, the City Commission of the City of Miami Beach,
Florida, deems it necessary for the welfare of said City and the
inhabitants thereof to acquire the following described parcel
of land for the establishment of an off-street parking facility,
situate, lying and being in the City of Miami Beach, Dade County,
Florida, to-wit:
Tract "B" , PARKVIEW POINT SUBDIVISION, in accordance
with the Plat thereof, as Recorded in Plat Book 77 ,
at page 12, of the Public Records of Dade County,
Florida,
which property is located on Parkview Island within the City of
Miami Beach, and;
WHEREAS, Mr. S. Z . Bennett, the City' s Real Estate
Consultant, has negotiated with the Attorney for City National
Bank, Trustee, under Land Trust No. 5003918 of the herein above
described property, for the purchase of said property by the City
from said Trustee and his negotiations have culminated in a
proposed contract wherein the Trustee of said property agrees
to sell the said parcel of land at the purchase price of Four
Hundred Twenty Three Thousand Five Hundred Dollars ($423 , 500 . 00) ,
subject to normal prorations and adjustments and a sixty (60) day
closing on said purchase, and;
WHEREAS, the City Manager and the City ' s Real Estate
Consultant have recommended approval of the purchase of said
property in accordance with the above, and;
WHEREAS, the City Commission deems it desirable and in
the best interest of the City of Miami Beach and its inhabitants
that said proposed purchase be authorized and funded from unappro-
priated retained earnings from the "metered parking enterprise
fund" and/or the sale of metered parking revenue bonds authorized by
special election on October 5, 1978 in the amount of Six Million
Dollars ($6 , 000, 000 . 00) ;
NOW THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, that it hereby approves the
recommendation of the City Manager and Mr. S. Z . Bennett to purchase
the above described property for Four Hundred Twenty Three Thousand
Five Hundred Dollars ($423 ,500 . 00) , subject to normal prorations
and adjustments; and subject to a sixty (60) day closing on said
purchase;
OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH, FLORIDA 33139
•
•
•
BE IT FURTHER RESOLVED BY THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Clerk be and
they are hereby authorized to execute a contract reflecting the above
and the proper financial officers be and they are hereby authorized
to make the disbursements called for by said purchase.
PASSED and ADOPTED this 4th day of March
1981.
'-'1 )>17: 11
May
ATTEST:
Ci Clerk
APPROVED ,„..
L .f'ALD PT
Oate - ti
LTA/mp
OFFICE OF THE CITY ATTORNEY- 1700 CONVENTION CENTER DRIVE -MIAMI BEACH,FLORIDA 33139
ORIGINAL
ammimmmD
RESOLUTION NO. 81-16595
(Authorizing acquisition of Tract "B",
Parkview Point Subdivision, for $423,500,
as recommended by City Mgr. and
f,
•
S.Z. Bennett; subject to normal prorations
and adjustments; authorizing the Mayor
r •
and City Clerk to execute a sales con-
tract for said purchase; authorizing
proper financial officers to make dis-
bursements called for under contract of
sale)
•1