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RESOLUTION 90-20036 RESOLUTION NO. 90-20036 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 $212 , 800 . 00 FOR THE TAKING OF PARCEL NUMBER 5 THEREIN, LEGALLY DESCRIBED AS LOTS 2 AND 3 , BLOCK 100, 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 $200, 000. 00 AS PAYMENT IN FULL FOR SAID PROPERTY 'S VALUE, $11, 000. 00 AS DEFENDANT'S ATTORNEY' S FEES, AND $1, 800. 00 AS APPRAISER'S FEES ; 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 $150, 000. 00 into the Registry of the Court, representing the Petitioner' s deposit of funds regarding parcel number 5 pursuant to the Order of Taking; and WHEREAS, Attorney Warren R. Trazenfeld (Counsel for parcel number 5 in the subject lawsuit, said parcel being legally described as Lots 2 and 3 , Block 100, 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 no. 5 upon receipt of $212 , 800. 00, said figure representing $200, 000. 00 as compensation for the subject parcel ' s property value, $11, 000 . 00 as Defendant ' s attorney' s fees, and $1, 800 . 00 as costs for appraisal services performed; 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 Warren R. Trazenfeld, 1 concerning parcel number 5 (legally described as Lots 2 and 3 , in Block 100, 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 $62, 800. 00 as balance due for parcel number 5 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 11th day of July , 1990. ATTEST: CITY CLERK LF/JKO/ks FORM APPROVED LEG1L DEP By Date 2 OFFICE OF THE CITY ATTORNEY ce2.94_ „./ ealW• • "1/2 / Raaf F L O R i D A 44\ # INCCRP jC ATED, ' • LAURENCE FEINGOLD , P.O. BOX O CITY ATTORNEY ,,CH16 ,•9,��_6 MIAMI BEACH. FLORIDA 33i19-2032 TELEPHONE (305)673-7470 TELECCP" 305;673-7102 • COMMISSION MEMORANDUM NO. T-V7 :1-()() DATE: JULY 11, 1990 TO: Mayor Alex Daoud and Members of the City Commission FROM: Laurence Feingold City Attorney SUBJECT: CITY OF MIAMI BEACH V. HERRERA, ET AL. , CIRCUIT COURT CASE NO. 88-46741, PARCEL NO. 5 - DEFENDANT' S OFFER OF FULL SETTLEMENT INCLUDING PROPERTY VALUE, ATTORNEY' S FEES AND COSTS Attorney Warren R. Trazenfeld, counsel representing the property owner for parcel no. 5 in the above-styled cause, has made an offer of settlement pertaining to the subject property in the amount of $212 , 800. 00, said figure representing $200, 000. 00 as payment in full for said property' s value, $11, 000. 00 as attorney' s fees, and $1, 800. 00 as costs for appraisal services performed. In this regard, attached is correspondence from outsidecounsel John Lukacs, Esquire (Exhibit "A" hereto) , outlining his reasons for recommending acceptance of the settlement offer based upon the City' s $200, 000. 00 updated appraised value of the subject property. In light of the fact that this settlement would resolve the subject parcel ' s valuation including fees and costs, and in light of the fact that the settlement amount is in accordance with the City' s appraised value, I concur with Attorney Lukacs ' recommendation that the City accept Defendant ' s offer of settlement. A proposed Resolution accepting settlement is attached hereto for your review and consideration. Acceptance of the attached Resolution will resolve all issues concerning valuations of the properties contained within the South Pointe Elementary School Site pro p of certain attorney' s Project, with only the issue fees and costs to be resolved. LF/JKO/ks 43 AGENDA ITEM F _ FT._ DATE -7- 11- q LITKACS & LUKACS, P.A. ATTORNEYS AT LAW 1825 CORAL WAY MIAMI. FLORIDA 03145 JOHN LUKACS MIAMI (305) 856 9600 ORLANDO OFFICE JOHN CHARLES LUKACS TELECOPIER(305) 856-3041 (407) 648-9601 ROBIN ALAN LUKACS July 5, 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 al . Case No. 88-46741 CA 06 Parcel 5 (Weinstein) Dear Mr . Feingold: Please be advised that settlement negotiations have been on-going subsequent uent to the expiration of the offer of judgment. attorneyfor the property owner, conveyed a Mr .. Trazenf eld, Upon settlement offer of $215 , 000 .00 Tuesday, July 3rd. my discussions with the appraiser for the City, Mr. Ed Waronker, that the value range of Parcel 5 may lie between $180 , 000 .00 to $210 , 000 .00 , (being the equivalent of from $12 .00 to $14 . 00 per square foot) , based on sales Lhd L Uc.,t,uLt � cx • : Lw. the valuation date , I solicited an of f or of � settlement from the owner ' s attorney in the amount of $200 , 000 .00 . his client Mr. Trazenfeld confirmed client After discussions with I authorization of $200 , 000 .00 as an offer of settlement which accepted on behalf of the City, subject to approval by the City of Miami Beach � Commission. Waronker provide written confirmation of his I requested that Mr. • estimate of value and am enclosing herewith a copy of his telecommunicated certificate of value in the amount of $200 , 000 .00 . advised that I have also negotiated be further settlement of attorney' s ne ' s fees and costs in the amount of $12 , 800.00 subject t® Commission approval . of 46 EXHIBIT "A" . Laurence Feingold, Esquire Page Two July 5, 1990 1 recommend acceptance of both elements comprising a totai settlement of $212 , 800 .00 as full compensation including all claims for compensation, interest, attorney' s fees and costs as a final resolution of this matter. This recommendation is based on the appraisal certificate of Mr. Waronker as well as the recognition of the substantial savings to the City of additional attorney' s fees , costs , interest and expenditure of human resources otherwise required by prolonging this case through the trial date in September. Respec • ; - ' • ' t ted, John Lukacs 90-1452 :01/mej : 23 Enclosures xc: Jean K. Olin, Esquire William Harrison L U KAC S SC LTJ KAC S, RA. CERTIFICATE OF VALUE Parcel 5 Miami peach ye. Herrera Cass No. 88-46741 CA 06 Address: 344 & 352 Michigan Avenue, Miami Beach, Florida I HEREBY CERTIFY: That l have personally inspected the property herein appraised on the dates noted in the appraisal, and that 1 have afforded the property owner the opportunity to accompany me at the time of the inspection. I have also made a personal field inspection of the Comparable sales relied upon in making said appraisal. The subject end the comparable sales relied upon in making said appraisal were as represented by the photographs contained in said appraisal. That, to the best of ray knowledge and belief, the statements contained in the appraisal herein set forth are true, and the information upon which the opinions expressed herein are based is correct; subject to the limiting conditions therein set forth. That the purpose of this appraisal is to estimate the fair market value of the property, That neither my employment nor my compensation for making this appraisal and report is in any way contingent upon the values reported herein. That 1 have no direct or indirect present or contemplated future personal interest in such property or in any benefit from the acquisition of such property appraised. That I have not revealed the findings and results of such appraisal to anyone other than the proper officials of Miami Beach, Florida. And I will not do so until so authorized by City officials, or until I am required by due process of law, or until I am released from this obligation by having publicly testified as to such findings. That my opinion of the current Market value of the property appraised es of December 26. 1988, is 8200,000 based upon sty independent appraisal and the exercise of my professional j udgwent That my opinion of market value may be allocated as follows: Land Area: 13,000 sq. ft, Land: 6200.000 Improvements: -0m Total 6200.000 The property has been appraised for its fair market value as though owned in fee simple. The opinion of value expressed above is the result of and is the subject of the data and conditions da otibed in detail in this report. • Edward M. W , M , ABA, ` ' Florida Certified tified Real Emote Appraiser No. 249102 Date: July .r. vie.-. � µ- 4 8 ORIGINAL RESOLUTION NO. 90-20036 Approving and accepting the settlement offer in City of Miami Beach V. Herrera, ET AL, concerning payment of $212,800.00 for the taking of Parcel Number 5 therein, legally described as Lots 2 and 3, Block 100, Ocean Beach Addition No. 3, as recorded in Plat Book 2 at page 81 of the Public Record of Dade County, Florida, said figure representing $200,000.00 as payment in full for said property's value, $11,000.00 as defendant's attorney's fees, and $1,800.00 as appraiser's fees; and further authorizing the funds for this acquisition to be taken from the South Pointe Elementary School expansion project work order 2970.