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RESOLUTION 90-20018 RESOLUTION NO. 90-20018 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA APPROVING AND ACCEPTING THE SETTLEMENT OFFER IN CITY OF MIAMI BEACH V. HERRERA, ET AL, CONCERNING PAYMENT OF $107 , 500. 00 FOR THE TAKING OF PARCEL NUMBERS 12 AND 13 THEREIN, LEGALLY DESCRIBED AS LOTS 1 AND 2 LESS THE EAST 180 FEET THEREOF, BLOCK 101, OCEAN BEACH ADDITION NO. 3 , AS RECORDED IN PLAT BOOK 2 AT PAGE 81 OF THE PUBLIC RECORDS OF DADE COUNTY, FLORIDA, SAID FIGURE REPRESENTING PAYMENT IN FULL FOR SAID PROPERTY 'S VALUE AS WELL AS DEFENDANT'S ATTORNEY 'S FEES AND COSTS; AND FURTHER AUTHORIZING THE FUNDS FOR THIS ACQUISITION TO BE TAKEN FROM THE SOUTH POINTE ELEMENTARY SCHOOL EXPANSION PROJECT WORK ORDER 2970. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA THAT: WHEREAS, on November 3 , 1988 , the City of Miami Beach instituted an eminent domain action styled City of Miami Beach v. Herrera, et al, Case No. 88-46741, for the purpose of acquiring 16 parcels of property in Miami Beach for the South Pointe Elementary School Expansion Project; and WHEREAS, on December 28 , 1988, Petitioner City of Miami Beach deposited the sum of $70, 000. 00 into the Registry of the Court, representing the Petitioner's deposit of funds regarding parcel numbers 12 and 13 pursuant to the Order of Taking; and WHEREAS, Attorney J. Michael Fitzgerald (Counsel for parcel number 12 and 13 in the subject lawsuit, said parcel being legally described as Lots 1 and 2 less the East 180 feet thereof, Block 101, Ocean Beach Addition No. 3 , as recorded in Plat Book 2 at Page 81 of the Public Records of Dade County, Florida) has made an offer to fully settle parcel nos. 12 and 13 upon receipt of $107, 500. 00, said figure representing the subject parcels ' property value, Defendant' s attorney' s fees and costs; and WHEREAS, the City Attorney of the City of Miami Beach has recommended acceptance of this offer. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, THAT: 1. The City of Miami Beach finds, determines and declares that those matters set out in the foregoing recitals are true and correct, and they are hereby incorporated as a portion of this Resolution; and 2 . The City Attorney's recommendation concerning acceptance of the settlement offer from Attorney J. Michael Fitzgerald, concerning parcel numbers 12 and 13 (legally described as Lots 1 1 and 2 less the east 180 feet thereof, in Block 1010, Ocean Beach Addition No. 3 , as recorded in Plat Book 2 at Page 81 of the Public Records of Dade County, Florida) in City of Miami Beach v. Herrera, et al, is hereby accepted and approved; and 3 . The City of Miami Beach thus authorizes the appropriation of $37 , 500. 00 as balance due for parcel numbers 12 and 13 in City of Miami Beach v. Herrera, et al, said funds representing total remaining payment for the taking of said property including Defendant's attorney's fees and costs, and further authorizes that the appropriation of said funds be taken from the South Pointe Elementary School Expansion Project Work Order 2970. PASSED and ADOPTED this 20th day of June , 1990. ATTEST: '°•°:://;2/ , .Ye . lilt---/ CITY CLERK r. LF/JKO/rg FORM APPROVED LEGAL DEP . Ft ( ,By i b. Al. Date .--- f Y--- 0 2 . OFFICE OF THE CITY ATTORNEY 60,4 vor.:818Amo weed 4 O F L O R I D A v r�\P •9ry‘ *IINCOR(GRAM LAURENCE FEINGOLD P.O. BOX 0 CITY ATTORNEY CH26;\c% MIAMI BEACH, FLORIDA 33119-2032 TELEPHONE (305)673-7470 TELECOPY (305)673-7002 COMMISSION MEMORANDUM.*33`i- + 0 DATE: JUNE 20, 1990 TO: Mayor Alex Daoud and Members of the City Commission , 6;/.„? FROM: Laurence Feingold 'viz City Attorney SUBJECT: CITY OF MIAMI BEACH V. HERRERA, ET AL. , CIRCUIT COURT CASE NO. 88-46741, PARCEL NOS. 12 AND 13 - DEFENDANT'S • OFFER OF SETTLEMENT OF PROPERTY VALUE Attached hereto is correspondence from Attorney J. Michael Fitzgerald (Exhibit "A" hereto) , counsel representing the property owner for parcel nos. 12 and 13 in the above-styled cause; said correspondence contains the property owner's formal demand for settlement of property value regarding parcel nos. 12 and 13 in the amount of $100, 000. 00. In this regard, also attached is correspondence from outside counsel John Lukacs, Esquire (Exhibit "B" hereto) , outlining his reasons for recommending denial of the settlement offer. For purposes of establishing property valuation, the date of taking in this action is December 28 , 1988 (the date on which the court entered its Order of Taking) . The City of Miami Beach' s appraised value of the subject parcels as of October, 1988 was $80, 000. 00. The only appraisal figures submitted by Defendant to date was in the amount of $77 , 270. 00--this figure, however, was provided by an appraiser who passed away earlier this year. In light of the above, I concur with Attorney Lukacs ' recommendation that the City not accept Defendant' s offer of settlement. LF/J KO/rg • AGENDA ITEM • DATE 1700 CONVENTION CENTER DRIVE - FOURTH FLOOR - MIAMI BEACH, FLORIDA 33139 ...la.c,,. ....,.74 s": .,y .. ... _... ,.. .,._.• ,t.. -. .... :!' Y•'. ' + .... j-::Y......._a:...s`ae:t++i�rr: •l^_i.-.�••..1.r.-_..rY. .:e.r.Jc 6 � } 1-.: .._ .a.ls r - ..-..' ._✓:'Y i -;. - _ +'•i F'fGr.''K r.. .. ,:.b•.-....:: •�.r_::.a.i�`a.:: • - ._- < •'. .''`...: ",'. .t:a.. - s1�.'.%.t �' .t_:il.d...t �-t.� �n3c:a.::v=l:.C:+.�t�' Lam. 4 • .FITZGEIZAL ), POP TELA 8: t( r r, i it A. pr FFS!,3t(t 4 'se) :v. F-1.AC.L.En nTnECT. n JI I MTAMI,FLORIDA :3:x]')11 up. gr.Ar t.E_, �AC.E. r♦ ►' EAC- F 3714 q' -ELTrAr. 3F.A•3A4r, P1'?PT.Y To Miami June 11, 1990 John Lukacs Lukacs and Lukacs • 1825 Coral Way Suite 102 Miami, FL 33145 Re: City of Miami Beach v. Herrera (Co r.c i.()iin) FPP File #6086. 1 Dear Mr. Luckas: As we discussed on the telephone and as I related in my • prior correspondence, Mr. Corcione will not settle this case for less than $100, 000. In his opinion, that is its fair market value. He has now authorised me to make a formal demand f'ol: settlement in that amount. Please consider this letter such demand. Realizing that you will have to confer with a pro riate p p City officials, we will not put any time limits on this demand . However, I would appreciate it if you would adv isITIP as corn a it -has been either accepted or rejected . Thanks. Very truly yours, 4,/1.,/4‘/‘/\-----Y .1' 41'1'9 J. Michael Fitzgerald JMF/ml b `1 • cc: James Corcione f } to • 4 . I 0 12 EXHIBIT "A" 1_ 1 17 '90 17: -17 g77 ' C1o2 :4. Li_fi.N�._ � �=H f-�rxr_ r-. ��f LUKACS & LUKACS , R.A. ATTORNEYS AT LAV. 1SE5 CORAL WAY MIAMI, FLORIDA 331415 �OFN LUKACS MIAPM; (305) 556 0600 ORLANDO OFFICE JOHN CHARLES LUKACS TELECOP,ER(305) 256-304 f407) 648-9601 POR!N ALAN LUKACS June 13 , 1990 Laurence Feingold, Esquire City Attorney City of Miami Beach 1700 Convention Center Drive P.O. Box 0 Miami Beach, Florida 33139-2032 Attn: Jean K. Olin, Esquire First Assistant City Attorney RE: City of Miami Beach v. Herrera, et al . Case No. 88-46741 CA 06 Parcels 12 and 13 (M & N) Demand for Settlement $100 , 000. 00 Dear Mr., Feingold: With respect to the foregoing Parcel the City obtained an appraisal in the amount of $66 , 000. 00 in November, 1986 from Mr. Waronker which value remained the same on his update at January, 1988 but was increased to $70, 000 . 00 in October, 1988 . Mr. Leonard Bisz , a second appraiser, initially appraised the property at $80 , 000 . 00 in December, 1986 and remained the same in March, 1988 . The offers of settlement and attempts to negotiate with the owner being unsuccessful, an offer of judgment was submitted at $80, 500 . 00 in April , 1990. In May a verbal offer was transmitted in the amount of $85, 000. 00 and, at the Court ordered mediation conference, the offer of settlementtwas raised to $92 , 000. 00. The owner had no figure until the filing of his Affidavit in opposition to a Motion for Summary Judgment, in which he stated his opinion of value at $125, 000. 00, albeit based on an erroneous concept that he owned 7 , 000 square feet of land instead of the actual 5, 259 square feet of land. Upon learning of this error at the mediation conference he reduced his demand to $100 , 000. 00 . A new offer of judgment in the amount of $92 , 000 . 00 is currently being served upon the owner' s attorney. • 13 EXHIBIT "B" • �..._ ._•. •._.. ..._5... -•..r.. - •.._..:t.. _ .4.1". ..... . _ -. ... _.....ate..-... v.. `a...1.. 1 ..1 w•s_1...ai.-.. ...••. ._-. - .Y.. _.._-t. _12.'1 .-1 _.. _.-a.-... .__..r ' � - .. T I__It J 17 '90 17: 18 ,TO 705 673 Tim:, r-F-1 X11'1 LI + L_I it P�_ . PP T P �. Laurence Feingold, Esquire Page Two June 13 , 1990 The present "demand" for $100, 000 . 00 cannot be deemed to be other than an offer of settlement at the owner' s figure. He has no current appraisal. Should this case go to a jury trial the owner will presumably testify that the property is worth $125, 000. 00 . The City' s appraiser Mr. Waronker will testify to $70, 000. 00. The jury may derive a verdict no lower than the lowest testimony nor higher than the highest testimony. Therefore the range is $70, 000. 00 to $125, 000. 00. Should the jury gravitate to the mid point in its Solomon-like wisdom, the judgment would be for $97, 500. 00. The owner would be entitled to 12% interest on $27 , 500. 00 being the difference between the deposit and the verdict, at 12% per annum from December 28 , 1988 to the date of the judgment in September of 1990. This is 24 months or an additional 24% which equals $6, 600 . 00 of interest. Additionally the owner will be entitled to his attorney 's fees and costs at the trial having exceeded our current offer of judgment. There has already been one trial preparation and a second such preparation plus additional appraiser' s fees and costs could escalate the cost somewhat higher. The jury verdict plus interest would equal $104 ,100. 00. On the other hand, a jury verdict less than $92 , 000. 00 would result in an interest add-on of . 24% of the excess over $70, 000. 00 and no attorney's fees or costs that are incurred after the expiration of the offer of judgment. It is therefore my suggestion that the offer of judgment remain as is while we continue to negotiate with the attorney possibly for a sum to include costs and fees, without the necessity of additional interest charges. Respectfully submitted, Lukacs ; Luk. s, P.A. John Lukacs 90-1452 : 01/mej : 15 L QCT K A C S $c L TJ K A C S. P.A. i - 14 1 OFFICE OF THE CITY ATTORNEY 624 iy:Amme ward F L O R I D A ;\pMl BEq� -;!%„ 1il LAURENCE FEINGOLD RATED P.O. BOX 0 GO �� �..��q�`'_= MIAMI BEACH FLORIDA 33119-2032 CITY ATTORNEY 'f,CH26_ ' TELEPHONE(305)673-7470 TELECOPY (305)673-7002 COMMISSION MEMORANDUM NO. DATE: JUNE 20 , 1990 TO: Mayor Alex Daoud and Members of the City Com ssion FROM: Laurence Feingold )/1 City Attorney SUBJECT: SUPPLEMENT TO AGENDA ITEM R 10-C: CITY OF MIAMI BEACH V. HERRERA, ET AL. , CIRCUIT COURT CASE NO. 88-46741, PARCEL NOS. 12 AND 13 - DEFENDANT' S OFFER OF FULL SETTLEMENT INCLUDING PROPERTY VALUE, ATTORNEY' S FEES AND COSTS Attached hereto is correspondence from Attorney J. Michael Fitzgerald (Exhibit "A" hereto) , counsel representing the property owner for parcel nos. 12 and 13 in the above-styled cause; said correspondence contains the property owner' s offer of settlement in full regarding parcel nos. 12 and 13 in the amount of $107 , 500 . 00, said figure representing property value, Defendant ' s attorney' s fees and costs. In this regard, also attached is correspondence from outside counsel John Lukacs, Esquire (Exhibit "B" hereto) , outlining his reasons for recommending acceptance of the settlement offer. In light of the fact that this settlement would resolve the subject parcel ' s valuation, including fees and costs, I concur with Attorney Lukacs ' recommendation that the City accept Defendant' s offer of settlement in that acceptance thereof would be more economically advantageous than proceeding to trial . LF/J KO/rg 1700 CONVENTION CENTER DRIVE- FOURTH FLOOR - MIAMI BEACH, FLORIDA 33139 loose FITZGERALD, PORTELA SC PORTVONDO A PROFESS,0N L ASSOClATIOt, ATTORNEYS AT LAW MUSEUM TOWER '50 W. FL.AGLER STREET, SUITE 2701 F,A,.M BEACH OFFICE MIAMI,FLORIDA 033.30 59 BRADLEY PLACE PALM BEACH+, FLORIDA 33480 TE.EPHONE (305)358-0737 (407)659-6438 TELEFAX(305)358-5845 REPLY TO: Miami June 14, 1990 John Lukacs Lukacs & Lukacs, PA 1825 Coral Way Miami, FL 33145 Re: Miami Beach v. Herrera (Corcione/Parcels 12 & 13) FPP File #6086. 1 Dear John: I have received your letter of June 12th and the City' s new offer of judgment in the amount of .$9-2 , 0-00. 00 John, I want to get this matter resolved and I want Mr. Corcione to receive his $100, 000. In order to do that, I am willing to reduce my fees. I have reviewed my time sheets and have 75 hours on the file. If the matter continues through additional mediation and trial, that number should double. Further, there will be additional expert witness fees to pay as well as the City's increased costs and fees. If we can settle this for $100, 000 at this time, I will reduce my fees to $7 , 500 and will assume the costs myself., Please discuss it with the City and let me know. L.,41A00,_Very truly yours, J. Michael Fitzgerald JMF/mlb cc: James Corcione Dsk63 :Corcione. ltr EXHIBIT A L T T x A C S & .I,..,U K A C S, P.A. ATTORNEYS AT LAW 1025 CORAL WAY MIAMI. FLORIDA 3:114ts JOHN LU,tACS MIAMI (305) 856-9600 ORLANDO OFFICE JOHN CHARLES -UKACS TEI ECOPIEFR(305) e56.3041 ROBIN ALAN L:JKACS (407) 648-980i June 19 , 1990 Laurence Feingold, Esquire City Attorney City of Miami Beach 1700 Convention Center Drive P.O. Box 0 Miami Beach, Florida 33139-2032 RE: City of Miami Beach v . Herrera, et a l . Case No. 88-46741 CA 06 Parcels M & N (12 and 13) Corcione Dear Mr. Feingold: The attached letter from Mr. Fitzgerald on behalf of his client Corcione, appears to be an offer of settlement for the lump sum of $107, 500. 00 including all claims. If this is, his intention I would recommend settlement on that basis for the following reasons. There is presently an outstanding offer of judgment in the amount of $92 , 000. 00. If Mr. Fitzgerald' s client were to accept this � p i offer at the present time the attorney's fees and costs would be in addition thereto. Assuming that Mr. Fitzgerald's stated hours are correct a reasonable attorney's fee could be calculated at $175. 00p er hour for 75 hours which would be approximately $13 , 125. 00; his appraiser' s fee based on the same scale charged on the other parcels is $3 , 000. 00; miscellaneous costs taxable against the condemnor are .estimated at 2% or about $1, 840. 00 bringing a grand total of $109, 965. 00. Furthermore, if we were to proceed to trial and the jury were to return a verdict of less than the offer of judgment even, say, at our appraisers figure of $70, 000. 00, the total cost to the Citycounting g its own appraiser's trial preparation time and costs, exhibits and trial attorney's fees, resource costs (City employee time and trial testimony and time loss from other work) and similar charges could amount to some $15, 000. 00Fitzgerald' s or more. Added to Mr. Fitzgerald s current costs and fees of some $18 , 000. 00 the final cost would be about $103 , 000. 00 or more. The savings is about $4 , 500. 00. Thisp otential savings does not, in my opinion, warrant the risk of thejury. coming in at a higher verdict. Any amount above $70, 000. 00 would bear interest at 12% which would be 24% by the time of trial . EXHIBIT B Laurence Feingold, Esquire Page Two g June 19, 1990 Please understand that I am ready toroce this case, however, p ed to trial and to win I feel i t is incumbent upon me to bring foregoing matters to the attention of the the afford the cost of winning. client who may not wish to Respectfully submitted, Lukac_ . _ P.A. A4011 0! 1 John Lukacs 90-1452 : 0]/mej : 17 Enclosures . LtTKACS & LITE.ACS, P.A. ORIGINAL RESOLUTION NO. 90-20018 Approving and accepting the settlement offer in C.M.B. V. Herrera, ET AL, con- cerning payment of $107,500.00 for the taking of Parcel Numbers 12 and 13 therein, legally described as Lots 1 and 2 less the east 180 feet thereof, Block 101, Ocean Beach Addition No. 3, as recorded in Plat Book 2 at Page 81 of the Public Recors of Dade County, Florida, said figure representing payment in full for said property's value as well as defendant's attorney's fees and costs; and further authorizing the funds for this acquisition to be taken from the South Pointe Elementary School Expansion Project Work Order 2970.