Loading...
97-22488 RESO RESOLUTION NO. 97-22488 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROPRIATING FUNDS TO THE MIAMI BEACH REDEVELOPMENT AGENCY AND APPROVING THE ACQUISITION BY SAID AGENCY, PURSUANT TO A PURCHASE AND SALE AGREEMENT IN THE AMOUNT OF $670,000 FOR THE PROPERTY LOCATED AT 224 23RD STREET, MIAMI BEACH, FLORIDA. WHEREAS, the City of Miami Beach (the "City") and the Miami Beach Redevelopment Agency ("RDA") are proceeding with their goal of economic stimulation and development by assisting in the development of a cultural center, consisting of a Metro-Dade Regional Library, the site for the Miami City Ballet facility, a parking garage, and other related facilities (the "Cultural Center") within the City Center/Historic Convention Village Redevelopment and Revitalization Area; and WHEREAS, for the purpose of realizing the Cultural Center project, the RDA must acquire, by purchase, donation or eminent domain, property located at 224 23rd Street, Miami Beach, Florida (the "Property"), being legally described on Exhibit "A" attached hereto and incorporated by rl~ference herein; and WHEREAS, the Mayor and City Commission, by Resolution No. 92-20646, and the Dade County Commission, by Resolution No. R-14-93, declared the area knOWfl as the City Center/Historic Convention Village Redevelopment and Revitalization Area, which includes the Properties, to be a Redevelopment Area in which conditions of slum and blight have been demonstrated to exist; and WHEREAS, on July 2, 1997, the Chairman and Members of the RDA approved a Resolution, finding, determining, and declaring the acquisition of the Property to be a public necessity and in the best interest of the City, and further authorizing the RDA to institute eminent domain proceedings on the Property to acquire fee simple title to same for use in connection with the City Center/Historic Convention Village Redevelopment and Revitalization Area Cultural Center project; and WHEREAS, the City has appropriated funds for acquisition and construction of components of the Cultural Center, including, but not limited to, the Metro-Dade Regional Library, the site of the Miami City Ballet facility, a parking garage and other related facilities and such funds will be made available to the RDA; and WHEREAS, the appraiser, lB. Alhale & Associates, has submitted his appraisal on the Property, certifying a value of $630,000 on the Property; and WHEREAS, a Purchase and Sale Agreement for the acquisition of the Property for a purchase price of $670,000 has been negotiated, and is attached and incorporated herein as Exhibit "B;" and WHEREAS, it is in the best interest of the Agency to purchase the Property and avoid the expenses of an eminent domain proceeding. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA AS FOLLOWS: 1. The City hereby appropriates (a) $1,500,000 from the amount available for the Metro- Dade Regional Library to be used for the acquisition of real property for the Cultural Center, and (b) $1,200,000 from the proposed issue of $20,000,000 aggregate principal amount of Parking System Bonds, to the Agency for its use, to be used, together with $1,100,000 of Agency funds, for the acquisition of real property for the Cultural Center. 2. The City hereby approves the acquisition by the Agency of the Property located at 224 23rd Street, Miami Beach, Florida, pursuant to the attached Purchase and Sale Agreement in the amount of $670,000, as a potential site for the Cultural Cente APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION ~~~/"" " City .J-. I'ASSED and ADOPTED this 16th day of July, 1997. ATTEST: JZo ~~ f t<A-~ CITY CLERK EXHIBIT A 224 23rd Street Miami Beach, Florida Legal Description Lots 7, 9 and 11, less the northern 10 feet for right-of-way, and the northern 25 feet of Lots 10 and 12, Block 2, Miami Beach Improvement Company Subdivision, as recorded in Plat Book 5, Page 7 of the Public Records of Dade County, Florida. CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 . http:\\ci.miami-beach.f1.us COMMISSION MEMORANDUM NO. ~ SUBJECT: Mayor Seymour Gelber and DATE: July 16, 1997 Members of the City .c.w...omiSSion Jose Garcia-Pedrosa City Manager TRANSFER OFVCITY OF MIAMI BEACH FUNDS TO THE MIAMI BEACH REDEVELOPMENT AGENCY AND ACQUISITION OF THE PROPERTY IDENTIFIED AS 224 - 23RD STREET WITHIN THE SITE OF THE PROPOSED CULTURAL CENTER TO: FROM: RECOMMENDATION: Approve the Resolution. BACKGROUND: As directed by the City Commission at the June 18, 1997 meeting at which the plans for the proposed Cultural Center were presented and approved, the Administration attempted to negotiate with OWflers and lessees of the property identified for this purpose. At that time, the Commission appropriated funds for the acquisition and construction of the proposed Cultural Center. It is recommended that these funds be transferred to the Miami Beach Redevelopment Agency to facilitate acquisition of the approved site. On June 30, 1997, a negotiation session was held with John King, the OWfler of the property identified as 224 23rd Street as described in the attached legal description. At that time, an agreement to purchase said property at a price of $670,000 was reached. This amount is $40,000 above the appraised value of $630,000 established in the report prepared by J.B. Alhale and Associates in May, 1997. The Purchase and Sale Agreement, a copy of which is attached, includes provisions regarding environmental issues and establishes a closing date on or before September 16, 1997. The Administration believes that the established purchase price is justified, particularly in light of attorney fees, other types of fees and cost, and the potential of a higher price for acquisition that could be associated with a taking by eminent domain. AGENDA ITEM R. 'l F= I-I L:, -q 1 DATE This site is within the City Center/Convention Village Historic Village and was identified in the approved Redevelopment Plan for this area as a potential site for eminent domain. At today's meeting, the second reading of the Ordinance authorizing such takings by eminent domain for the Cultural Center is scheduled for action. ANALYSIS: Based on the information provided above, the Administration considers proceeding with the agreement to purchase this parcel to be in the best interest of the objective of assembling a site for a Cultural Center. Toward this effort, the Administration will continue to meet with owners and lessees of properties within the designated site to attempt to negotiate agreements. In the event that closure cannot be reached with these entities, the Administration will utilize the powers of eminent domain to enable the assemblage of the site for a Cultural Center. CONCLUSION: It is recommended that the Commission approve the attached Resolution approving transfer of funds from the City of Miami Beach to the Miami Beach Redevelopment Agency and authorizing acquisition of the above-described property as agreed to in the Purchase and Sale Agreement. ~ JGP/HSM:jph Attachments