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MB RDA MINUTES DECEMBER 19, 1990 CD MIAMI BEACH REDEVELOPMENT AGENCY MEETING CD DECEMBER 19, 1990 t-- CD CITY HALL COMMISSION CHAMBERS v INDEX TO MINUTES OF MEETING W O RESOLUTION NO. PAGE. NO. 1. Roll Call - Meeting called to order at 10:30 a.m. All members present except Mr. Arkin. 2. Acceptance of Minutes of December 5, 1990. 8 3. Old Business 1-8 a. (Add-on) Redevelopment Agency Memorandum No. 90-17 City of Miami Beach Redevelopment Agency v. Friend, et al. , Circuit Court Case No. 89-23513, Parcel No. 2: Defendant's offer of partial settlement, excluding attorney fees. Attorney Russell Galbut appeared representing the Daughters of Israel, Inc. , the Mikvah Committee, for property located at 151 Michigan Avenue (property required for Cobb Partners, Inc. development project) . 100-90 Resolution adopted APPROVING AND ACCEPTING THE PARTIAL SETTLEMENT OFFER IN MIAMI BEACH REDEVELOPMENT AGENCY V. FRIEND, ET AL, CONCERNING PAYMENT OF $500,000 FOR THE TAKING OF PARCEL NUMBER 2 THEREIN, LEGALLY DESCRIBED AT LOT 7, LESS THE EAST 50 FEET, BLOCK 80, OCEAN BEACH ADDITIONAL NO. 3, AS RECORDED IN PLAT BOOK 2, PAGE 81, DADE COUNTY, FLORIDA, $500,000 REPRESENTS THE FULL COMPENSATION WHICH DEFENDANT IS ENTITLED TO RECEIVE FROM PETITIONER FOR THE MARKET VALUE OF THE IMPROVEMENTS ON THE LAND TAKEN INCLUDING WITHOUT THE LIMITATION, THE VALUE CONSTRUCTION OF ALL COSTS OF MATERIAL, LABOR, ARCHITECTS' AND ENGINEERS' FEES, GENERAL CONTRACTOR'S FEES, SPECIAL CONSULTING FEES AND BUILDING PERMITS AND LICENSES AND APPROVALS, LEGAL COSTS, FINANCE CHARGES AND PROFESSIONAL FEES ATTRIBUTABLE TO THE ASSEMBLY, CONSTRUCTION AND COMPLETION OF THE IMPROVEMENTS ON THE LAND AND FOR ALL CLAIMS FOR DAMAGES OF EVERY NATURE EXCEPT FOR THE VALUE OF THE LAND EXCEPT DEFENDANT'S ATTORNEY FEES; AND THE DEPOSIT OF $100,000 IN THE REGISTRY OF THE COURT AS THE PETITIONER'S GOOD FAITH ESTIMATE OF LAND VALUE; AND FURTHER AUTHORIZING THE SUM OF $6000,000 FOR THIS ACQUISITION TO BE TAKEN FROM REDEVELOPMENT AGENCY'S CAPITAL CONSTRUCTION ACCOUNT. 4. New Business - None 5. Report of Agency Attorney a. (Add-on) 1,8 Redevelopment Agency Memorandum No. 90-18 General Counsel's Status Report, City of Miami Beach Redevelopment Agency v. Azcui, et al. , Eleventh Judicial Circuit Court, Case No. 89- 23516, Judge Philip Bloom entered Order of Taking on certain parcels as follows: 144 Meridian Avenue, 821 First Street, 146-150 Jefferson Avenue, 130 Jefferson Avenue, 131 Alton Road, 120-124 Jefferson Avenue, 123 Alton Road, 139 Alton Road, 950 Second Street, 100 Jefferson Avenue, 101 Alton Road (property required for Cobb Partners, Inc. development project) . 6. Adjournment - Time: 11:00 a.m. 8 Next meeting: Wednesday, January 9, 1991 EMB:pr