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HomeMy WebLinkAbout99-23396 RESO RESOLUTION NO: 99-23396 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT FOR SALE AND PURCHASE FOR THE SALE OF THE CITY OWNED PROPERTY LOCATED AT 1749 JEFFERSON AVENUE, MIAMI BEACH, FLORIDA, TO GARY DAVENPORT, FOR $155,750, PLUS CLOSING COSTS; APPROPRIA TING APPROXIMA TEL Y THIRTY PERCENT FROM THE PROCEEDS OF THE SALE TOWARD IMPROVEMENTS TO THE PALM VIEW HISTORIC DISTRICT; AND FURTHER WAIVING, BY 517THS VOTE, THE COMPETITIVE BIDDING REQUIREMENT. WHEREAS, at its meeting of May 21, 1997, the Mayor and City Commission held a public hearing to consider the sale of the City-owned property located at 1749 Jefferson Avenue (Property) to Gary Davenport, the adjacent property owner; and WHEREAS, during said public hearing, issues were raised as to whether the sale of the Property should be submitted for competitive bidding, as well as whether the City could utilize it for a park or other municipal use; and WHEREAS, it was determined that, based on the size of the Property and its proximity to single family homes, it is not suitable for an active nor passive park, nor any water and/or sewer system expansion or other public works related use; and WHEREAS, because of the existing low-density residential community, converting the Property into a municipal parking lot is not necessary, nor would it be in keeping with the character of the neighborhood; and WHEREAS, pursuant to the Mayor and City Commission's directive, the Administration previously sought competitive bids for the sale of the Property, and no responses were received; and WHEREAS, the Administration has concluded that, based on the inappropriateness of the subject property for the aforestated municipal uses, and the lack of response to the request for competitive bids, the sale of the property to Mr. Gary Davenport would be in the City's best interest; and WHEREAS, on November 8, 1999, members of the Administration met with members of the Palm View Homeowners Association and pursuant to those discussions, it is herein recommended that thirty percent from the proceeds of the sale be appropriated to the Palm View Historic District; and WHEREAS, accordingly, the Administration would recommend that, following the public hearing on November 17, 1999 to hear public comment regarding the proposed sale, that the Mayor and City Commission further waive, by 517ths vote, the competitive bidding requirement, pursuant to Ordinance No. 92-2783, and approve the attached Contract for Sale and Purchase for the sale of the property to Mr. Gary Davenport, in the amount of$155,750, plus closing costs. NOW, THEREFORE, BE IT RESOL VED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Clerk be authorized to execute a Contract for Sale and Purchase for the sale of the City-owned property located at 1749 Jefferson Avenue, Miami Beach, Florida, to Gary Davenport, for $155,750, plus closing costs; appropriate approximately thirty percent from the proceeds of the sale towards improvements to the Palm View Historic District, and further waiving, by 517ths vote, the competitive bidding requirement. PASSED AND ADOPTED THIS 17th day of November , 1999. Attest: ----1l(lu.i Pcu (A.<--- CITY CLERK #111 MAYOR SR:CMC:JD:rlr T:\AGENDA\1999\NOV I 799\REGULAR\ I 749RES.CMC November 9, 1999 APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION /tf I:!!E.~ / / - ')- 99 .,ny orney Oat. CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http \\ci miami-beach fLus --- .---.--- --- ---- -.------- ------- --- -- -------------- --- - - - ------------------ . -------------------. ------------------------------ .. -- COMMISSION MEMORANDUM NO. 852 -9'1 TO: Mayor Neisen Kasdin and Members of the City Co DATE: November 17, 1999 SUBJECT: A RESOLU ON OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT FOR SALE AND PURCHASE FOR THE SALE OF THE CITY OWNED PROPERTY LOCATED AT 1749 JEFFERSON A VENUE, MIAMI BEACH, FLORIDA, TO GARY DAVENPORT, FOR $155,750, PLUS CLOSING COSTS; APPROPRIATING APPROXIMATELY THIRTY PERCENT FROM THE PROCEEDS OF THE SALE TOWARD IMPROVEMENTS TO THE PALM VIEW HISTORIC DISTRICT; AND FURTHER WAIVING, BY 517THS VOTE, THE COMPETITIVE BIDDING REQUIREMENT. FROM: Sergio Rodriguez City Manager ADMINISTRATION RECOMMENDATION: Adopt the Resolution. ANAL YSIS: In 1997, the City was approached by Mr. Gary Davenport, whom requested to purchase the City- owned property located at 1749 Jefferson Avenue. Mr. Davenport owns the adjacent property at 1775 Jefferson Avenue and sought to acquire the subject property in order to build a single family residence with possible guest/servant quarters. The total area of all habitable improvements proposed by Mr. Davenport were not to exceed 4,200 square feet. On May 21, 1997, the Administration recommended that the property be sold to Mr. Davenport after observing the provisions of Ordinance 92-2783 (Shapiro Ordinance). At that time, the City Commission requested that the Administration consider the suitability of the subject property for a municipal use, and to consider competitively bidding the sale of the property if it was concluded that no public use was viable. The issues were examined and reports were submitted by the Recreation, Culture and Parks, Public Works, and Planning Departments. City records indicate that the lot is 9750 (65' x 150') square feet in size (just under a 1/4 of an acre). As stated in the Parks Comprehensive Master Plan, a site of this size would be classified as a "mini" park. In the Master Plan, a "Mini-Park" is defined as having open areas with play apparatus, picnic tables/benches, landscaping and possibly a shelter pavilion. These parks typically serve a local neighborhood. Examples include; La Gorce Park; Crespi Park; AGENDA ITEM F\ 1 A DATE~ 1749 JEFFERSON AVENUE -2- November 17, 1999 and Washington Park. Based on the size of the lot and its adjacency to single family homes, it was determined to not be suitable for an active or passive park. Furthermore, it was determined that the site was not suitable for a municipal parking lot, public works project, or any other municipal use. The Planning Department also provided an analysis on how the sale of the property would impact the neighborhood. The Department concluded that the sale of the subject property for purposes of building a single family residence would not be detrimental to the surrounding area. Furthermore, it was determined that the construction of a new home could, in all likelihood, increase the surrounding property values. The City would also benefit from the subject property's return to the tax rolls. On June 18, 1997, the Administration recommended that the sale of the property be competitively bid subject to the existing deed restrictions, limiting the development to a single family home with no more than 4,200 square feet in floor area, and requiring a minimum bid price of$155,750. The City Commission adopted Resolution No. 97-22429, authorizing the Administration to initiate a request for bids for the sale of the property subject to the aforementioned limitations. A total of 555 notices were mailed advertising the bid. Notices were sent to all vendors (236) on the City's respective vendor list, all real estate professionals as reflected on the City's Occupational License records (126), all property owners in the immediate vicinity (193), the McGraw-Hill Dodge Reports, and the Builders Exchange. Additionally, an advertisement was published in the Miami Daily Business Review on July 30, 1997, and a four foot wide by two foot high ( 4' x 2') sign advertising the sale was placed on the property. A pre-bid conference was held on August 7, 1997, and the only attendees were two neighboring property owners. A total of six individuals requested complete bid packages, including Mr. Davenport. The deadline for acceptance of bids was 2:00 P.M., August 22, 1997. No bids were received, and no further action was taken on the matter at that time. Mr. Davenport recently contacted the City, via his legal counsel, advising of his continued interest in purchasing the property, and informing that he is prepared to proceed with the purchase pursuant to the terms and provisions previously recommended. The Shapiro Ordinance, which establishes provisions for the sale and/or lease of City property, requires the following: 1. Prior to the proposed sale of City property, the City Commission shall hold a public hearing in order to obtain citizen input as to the transaction (Attachment 1); 2. In order for the City Commission and the public to be fully apprised of all conditions relating to the proposed sale, the Planning Department shall prepare an analysis using criteria set forth in the Ordinance (Attachment 2); 3. There shall be no sale unless there has been an advertised public bidding process, and independent appraisal of the fair market value of the property. With regard to sales of City property, these conditions may be waived by 517ths vote of the City Commission. 1749 JEFFERSON AVENUE -3- November 17, 1999 As part of its updated analysis, the Planning Department has concluded that the sale of the subject property to Mr. Davenport for the purpose of building a single family home would not be detrimental to the surrounding area. Additionally, the attached Contract for Sale and Purchase shall also include a Declaration of Restrictive Covenants wherein Mr. Davenport agrees to restrict the manner in which the property is to be developed. As the proposed sale is being recommended with the condition that the property be developed as a single family home, with possible guest/servant quarters, and is not to exceed 4,200 square feet of habitable living area, Mr. Davenport will be required to execute a recordable document which will memorialize said use, thereby precluding the possibility of future development of the property for other uses or increased density which may be permitted under any future zoning reclassification of the area. The subject property was originally conveyed to the City by Deed, dated November 24, 1919, including a covenant therein limiting construction of buildings on the property to "Such buildings or additions as are, or may become, necessary for the further completion of the City water system," and a reverter provision in the event of violation. Furthermore, the Deed contains additional covenants running with the land that limit the conveyance of the subject parcel to adjacent property owners. The attached opinion from the City Attorney's Office (Attachment 3) states that the property may be sold if, (1) the Buyer is willing to take the risk of violation of the restrictions and possibility of reverter, and indemnify the City against claims which may result from the sale; (2) the City does not in fact require the property in furtherance ofthe City's water system; (3) the provisions of Ordinance No. 92-2783 are complied with; and (4) the written approval of the transaction has been obtained from all adjacent property owners (Attachment 4). Accordingly, the attached Contract for Sale and Purchase between the City and Mr. Davenport has memorialized these terms, requiring Mr. Davenport to take title to the property subject to all valid deed restrictions, and further requires him to indemnify and hold the City harmless in the event of a challenge to the proposed sale and conveyance. The Public Works Department previously concluded that a water pump station is better suited in the south end of the City. Therefore, it does not require the subject property for the continued improvement of the City's water system (Attachment 5). The City has procured an independent appraisal report (Attachment 6), as required by Ordinance, of the subject site estimating its value without regard to the Deed restrictions at $180,000, and the estimated value leaving the restrictions in place at $90,000. In light of the 100% difference in estimated value without or with the Deed restrictions, on October 20, 1999, the Administration presented a Resolution to the City Commission requesting authorization to file an action in court to release the Deed restrictions. Said Resolution was not adopted and the Administration was directed to meet with the neighborhood property owners. The neighbors have requested that 30% of the sale proceeds be reinvested in neighborhood improvements. Based on the lack of response to the formerly conducted Request for Bids, and the previously determined inappropriateness of the site for a park, public works purposes, or parking lot, the Administration recommends that the property be sold to Mr. Davenport subject to his willingness to take title to the property subject to all existing Deed restrictions, as well as indemnifying and holding the City harmless in the event of a challenge, at a negotiated sale price of $155,750, plus closing costs, and the appropriation of approximately 30% from the proceeds of the sale towards improvements to the Palm View Historic District. 1749 JEFFERSON AVENUE -4- November 17, 1999 Additionally, as the subject property is currently zoned Government Use, it is further recommended that the closing of the property be subject to and contingent upon the redesignation of the zoning district classification ofthe subject property, as required pursuant to Section 142-425(b) of the City Code. ~ SR:CMC:JD:rlr Attachments T:\AGENDA\1 999\NOVI 799\REGULAR\1 749MEM CMC 11/09/99 CONTRACT FOR SALE AND PURCHASE This Contract for Sale and Purchase is entered into as of the C(fk day of ~ 1999, by and between GARY DA VENPOR~ hereinafter referred to as "Buyer" and CITY OF MIAMI BEACH, a Florida Municipal Corporation, hereinafter referred to as "Seller." *as Trustee for a family land trust in formation ~ WITNESSETH, that for and in consideration of the mutual covenants contained herein, the Buyer and Seller agree as follows: 1. REAL TY. Seller agrees to sell to Buyer that certain real property located at 1749 Jefferson Avenue, Miami Beach, Florida; as more specifically described in Exhibit A, together with all tenements, hereditaments, privileges, servitudes, rights-of-reverter, and other rights appurtenant thereto: all buildings, fixtures, and other improvements thereon, if any, all fill and top soil thereon; all oil, gas and mineral rights possessed by Seller; and all right, title and interest of Seller in and to any and all streets, roads, highways, easements, drainage rights, or rights-of-way, appurtenant to the real property; and all right, title and interest of Seller in and to any and all covenants, restrictions, agreements and riparian rights benefiting the real property (all of the foregoing being referred to as the "Property"). 2. PURCHASE PRICE. Buyer agrees to pay Seller a purchase price of One Hundred Fifty Five Thousand Seven Hundred Fifty dollars and nollOO ($155,750) for the Property. The purchase price shall be paid by cashier's check or wire transfer at closing. The Earnest Money Deposit provided for in Paragraph 3 below shall be delivered to Seller and shall be a credit against the purchase price. 3. EARNEST MONEY DEPOSIT. On or before the Effective Date of this Contract, Buyer agrees to deposit with the City, as escrow agent, an amount equivalent to ten percent (10%) of the purchase price, or the sum of Fifteen Thousand Five Hundred Seventy Five dollars and no/lOa ($ 15,575), as Earnest Money Deposit. "Effective Date" shall mean the date that this Contract has been fully executed by Buyer and Seller. 4. INTEREST CONVEYED. Seller agrees that it holds fee simple title to the Property, and agrees to convey good, marketable, and insurable title by Special Warranty Deed subject only to the following: (i) Those certain covenants, restrictions and limitations intended as covenants rmming with the Property, as set forth in that certain Deed Indenture, dated November 24, 1919, and conveying the Property from the Alton Beach Realty Company to the City of Miami Beach together with any reverter provisions or remedies specifically therein, and specifically excluding #3 therein. A copy of said Deed is attached and incorporated as Exhibit B hereto; (ii) any and all other covenants, restrictions of record, and other matters of plat and/or common to the subdivision; (iii) real estate taxes for the year of closing; (iv) zoning, restrictions, prohibitions, regulations, and other requirements imposed by governmental authority; and (v) utility easements of record; (vi) such other exceptions as Buyer may, in its sole discretion, agree to accept; all of which are collectively referred to herein as the "Permitted Exceptions." 5. PRORATIONS. Delinquent ad valorem taxes, if any, shall be paid by Seller. 1999 Ad V alorem and Personal Property Taxes, assessments, utility fees, solid waste disposal fees, improvement liens, rents, costs and revenues, if any, and any and all other proratable items shall be prorated as of midnight on the date preceding the date of closing. 6. TITLE INSURANCE. Buyer shall, at his sole cost and expense and within ten (10) business days of the Effective Date of this Contract, obtain a marketable title insurance commitment and thereafter to issue an owner's marketable title insurance policy (AL T A Form "B") from a title insurance company licensed by the State of Florida, in the amount of the purchase price. Said policy commitment shall show a good, marketable and insurable title to the Property in the Buyer's name. In addition, the policy to be vested in the Seller, subject only to the Permitted Exceptions described in Paragraph 4. In addition, upon fulfillment of all requirements set forth in Schedule B-1 of the commitment, the commitment shall insure title to the Property for the period between closing and recording of the warranty deed. In connection herewith, Buyer agrees to provide and pay the cost of recording of all affidavits and other documents as required by the title insurer. Buyer shall have ten (10) business days from receipt of title documents to inspect said title documents the commitment to examine same and report defects, if any, in writing to the Seller. If the title search reflects exceptions to title other than the Permitted Exceptions, the Seller shall have thirty (30) days from receipt of written notice from Buyer to cure the designated defects, and if Seller is unable to cure them within said time, then this Contract shall be rendered null and void and both Buyer and Seller shall be released of all obligations hereunder, except that Buyer may waive any defects and proceed with closing at Buyer's option. Buyer shall have the option to: (i) terminate this Contract and receive a return of the Deposit, after which the parties shall be released from all further obligation hereunder; or (ii) purchase the Property notwithstanding the existence 2 of such defects without reduction of the purchase price. Buyer shall pay all reasonable recording fees for corrective instruments required hereunder. Should the estimated cost to cure said title defect exceed a sum which is equal to 1 % of the purchase price as stated in Paragraph 2 and Buyer does not agree to pay such excess above 1 %, Seller may elect to terminate this Contract and neither party shall have any further obligations under this Contract. 7. SURVEY. No later than ten (10) days prior to the closing date, Buyer shall obtain at his sole cost and expense, a current certified survey of the Property prepared by a professional land surveyor licensed by the State of Florida. If the survey shows any encroachment on the Property or that any improvements on the Property encroach on the land of others, the same shall be regarded as a title defect as provided in Paragraph 6, unless the title insurance company is willing and able to insure Buyer against the results therefrom. Further Seller's liability to cure any and all encroachments shall not exceed one percent (1 %) of the purchase price referenced in Paragraph 2 herein. 8. TENANCIES. Seller warrants that there is no tenant in possession of the Property and that there are no leases or other agreements and understandings either oral or written affecting possession, use or occupancy of the Property. Seller represents that no person is living on or occupying the Property and that Seller shall be responsible for evicting any and all persons and/or personal property found on the Property prior to closing. 9. LIENS. Certified municipal and county liens, if any, shall be paid in full at or before closing by the Seller. If a pending lien has been filed against the subject Property which has not been certified as of the date of closing, and the work and improvements for which the lien was filed have been completed prior to the closing, despite the fact that the pending lien has not been certified, such lien shall be paid by the Seller. All other liens, whether certified as of the date of closing or not, shall be paid by Buyer. 10. INSPECTION RIGHTS OF BUYER. Buyer acknowledges that the Property is being sold in its present "as is" condition. Buyer shall have a period of fifteen (15) days from the Effective Date of this Contract within which to conduct inspections of the Property, including environmental, and/or to otherwise satisfy himself as to the acceptability of the Property for Buyer's intended use (the Inspection Period). If Buyer is not satisfied for any reason whatsoever, then Buyer shall have the right, exercisable in his sole discretion, to cancel this Contract by the delivery of written notice thereof to Seller prior to the expiration of the Inspection Period, in which event Buyer shall be entitled to an immediate and unqualified return of the Earnest Money Deposit, together with any interest earned thereon, if any, whereupon the parties shall be relieved of any and all further obligations and liability hereunder. 11. CLOSING. The closing of this transaction shall be completed within forty-five (45) days of the execution of this Contract unless otherwise extended, as mutually agreed upon by both Buyer and Seller or as otherwise provided herein. The precise date, time and place of closing 3 shall be set by Seller. Notwithstanding the foregoing, the closing shall be subject to and contingent upon the redesignation of the zoning district classification of the Property, as required by City of Miami Beach Code, Section 142-425 (b), with all costs for required noticing of same to be paid solely by Buyer. In the event that the Property is not so re- classified, and approval for same not granted, then this Contract shall be rendered null and void and both Buyer and Seller shall be released of all obligations hereunder. 12. TIME. Buyer and Seller mutually agree to fully and timely execute such papers as deemed necessary by Buyer's and Seller's attorneys to complete the conveyance in accordance with the terms of this Contract. Time is of the essence in this Contract. The timely performance of all obligations may be excused by an event of force majeure. For the purpose of this Contract, ''force majeure" means an event arising from a cause beyond the control of the parties which delays or prevents the timely performance of an obligation. Unanticipated or increased costs, or unavailability of funds, are notforce majeure events. 13. EXPENSES. Buyer shall pay all closing costs associated with this transaction, including any applicable Florida Documentary Stamp Tax and Dade County Discretionary Tax (surtax), but not including any attorneys' fees incurred by Seller, nor any costs of Seller's approval process associated with the sale. 14. LOSS. All risk of loss to the Property shall be borne by Seller until transfer of title. 15. ACCESS. Seller represents that there is legal ingress and egress to the Property. 16. POSSESSION. Seller shall deliver possession of the Property and keys to all locks, if any, to the Buyer at closing. 17. DEFAULT. a) By Buyer. If Buyer fails to perform the covenants of this Contract, Seller's remedies shall be limited to obtaining specific performance of the Buyer's obligations hereunder or termination of this Contract and, the retention of the Earnest Money Deposit, together with any interest earned thereon, as agreed and liquidated damages in full settlement of any claims, whereupon the parties shall be relieved and released from all further obligations under this Contract. The parties agree that this provision for liquidated damages is a bona fide attempt by the parties to resolve the amount of the damages which would be sustained by the Seller in the event of the breach of this Contract by the Buyer, and the parties recognize that the actual amount of such damages, if any, would be speculative and extremely difficult to ascertain. b) By Seller. 4 If the Seller fails to perform any of the covenants of this Contract, and/or fails to close as provided herein, then Buyer may: (a) terminate this Contract in which event, if prior to the Initial Closing, Buyer shall be entitled to an immediate and unqualified refund of the Earnest Money Deposit, together with any interest earned thereon; or (b) obtain specific performance of Seller's obligations hereunder. Notwithstanding the foregoing, Seller shall be entitled to written notice and ten (10) days opportunity to cure any default, and any deadline shall be extended for the period of cure. 18. LITIGA TION. In the event of any litigation arising out of this Contract, the prevailing party shall be entitled to recover reasonable attorney's fees and costs from the other party upon final court judgment, including appellate proceedings. 19. DISCLOSURE. Seller represents that there are no facts known to Seller which materially affect the value of the Property which have not been disclosed by Seller to Buyer or which are not readily observable to Buyer. 20. SELLER'S REPRESENTATIONS. a) Seller hereby represents to Buyer as follows: (i) Seller has received no written official notice, nor any informal written or oral notice of any contemplated condemnation proceedings against the whole or any part of the Property; (ii) Seller has no knowledge of any fact or condition which would result in the termination or reduction of the current access from the Property to existing public streets; and has no knowledge of any proposed road widening or other construction activity within the vicinity of the Property; (iii) There are no lawsuits presently pending nor have any lawsuits been threatened concerning the Property or any portion thereof, of Seller's title or right to convey the Property, nor has Seller any knowledge of any claims or liens existing or threatened against the Property or any part thereof, other than those filed of record prior to the Effective Date, but specifically excluding any lawsuits, claims or liens which may be threatened pursuant to any covenants, reverter provisions or remedies, as set forth in Exhibit B hereto; (iv) There are no other contracts, agreements, understandings or other obligations existing with respect to the Property or any 5 portion thereof, other than as are reflected in this Contract and other information to be furnished hereunder; (v) No person, firm, corporation, or other entity has any right or option to acquire the Property, or any part thereof; (vi) Seller is neither a "foreign person" nor "foreign corporation" as those terms are defined in the United States Internal Revenue Code, as amended, and Seller shall ratify this warranty by affidavit at the time of closing. b) All of Seller's representations shall be true and correct as of the date of Closing, shall be deemed ratified by Seller's act of Closing, and any documents or information to be furnished by Seller shall be updated and furnished to Buyer at Closing, as provided above. From and after the Effective Date of this Contract, and until the date of Closing, Seller shall not take any action or make any admission, which would have the effect of violating any representations of Seller contained in this Contract. 21. CLOSING DOCUMENTS. a) At Closing, Seller shall execute and/or deliver the following documents all in form and content acceptable to Buyer: (i) A Special Warranty Deed conveying title to the Property, free and clear of all mortgages, liens, claims and encumbrances and subject only to the Permitted Exceptions; (ii) an Affidavit reciting that there are no mechanic's, materialmen's or laborer's liens against the Property then being conveyed and that within the past ninety (90) days there have been no improvements, alterations or repairs for which the costs thereof remain unpaid, except those which agrees to pay in the ordinary course; that the Property is free and clear of all liens, taxes, encumbrances and claims whatsoever, with the exception of real estate taxes for the year of the closing; that affiant has received no notice of any violations of County or municipal ordinances pertaining to the Property then being conveyed and that there are no other parties in possession; (iii) a Standard FIRPT A affidavit; (iv) a standard "gap" affidavit in the form required by the title company issuing a title insurance policy to Buyer; and (v) such other and further documents as may be reasonably appropriate to consummate the transaction in accordance with 6 the provisions of this Contract. b) At the Closing, Buyer shall execute and/or deliver the following documents all in form and content acceptable to Seller: (i) the balance of the purchase price; (ii) the Declaration of Restrictive Covenants, as set forth in substantial form in Exhibit C attached hereto; (iii) such other and further documents as may be reasonably appropriate to consummate the transaction in accordance with the provisions of this Contract. 22. INDEMNIFICATION. Buyer shall indemnify Seller and hold and save Seller harmless of and from any and all loss, cost, damage, injury or expense arising out of or in any way related to claims for injury to or death of persons, damage to property, contractual provisions, taxes or any other matter whatsoever, and expenses or claims of any kind, including, without limit, indemnification against money judgments, lien judgments, court costs and attorney fees (at all levels) whether direct or contingent, associated with the ownership, operation, management or control of the Property or any part thereof, arising due to or out of events or transactions occurring prior to the Closing hereunder or arising out of or in connection with Seller's ownership of the Property, this Contract, or the transfer of title to Buyer. As consideration for Buyer's indemnification, as set forth herein, Seller herein restates the representation set forth in Paragraph 20(a)(iii), and agrees to forward to Buyer a copy of any subsequent complaint or other claim promptly, so that Buyer may have sufficient time to prepare an answer. Buyer agrees to defend any and all such claims, taking action as he reasonably believes necessary. This Indemnification shall survive Closing and the conveyance of the Property to Buyer. 23. ASSIGNMENT/SUCCESSORS IN INTEREST. This Contract shall be binding on the heirs, successors and assigns of the respective parties hereto. Neither this Contract nor any interest therein shall be assigned by Buyer or Seller without the express written consent of each other. 7 24. NOTICE. All communications regarding this transaction shall be directed to: as to Buyer: Gary Davenport 1775 Jefferson Avenue Miami Beach, Florida 33139 With copies to: Steven C. Cronig, Esq. 501 Brickell Key Drive, Miami, Florida 33131 11407 as to Seller: CITY OF MIAMI BEACH Attn: Christina M. Cuervo, Assistant City Manager 1700 Convention Center Drive Miami Beach, Florida 33139 with copies to: CITY OF MIAMI BEACH CITY ATTORNEY'S OFFICE Attn: Murray H. Dubbin, City Attorney 1700 Convention Center Drive Miami Beach, Florida 33139 25. RIGHT TO ENTER PROPERTY. Buyer and its agents shall, upon reasonable notice, have the right to enter the Property for all lawful purposes including inspections during the Inspection Period as provided in Paragraph 10; provided that Buyer shall indenmify and hold Seller harmless for damage or injury caused by Buyer and its agents. 26. RECORDING. This Contract or notice thereof may be recorded by Buyer in the minutes of the Clerk's Office of Seller, but shall not be recorded in the official public records of the Clerk of the Court of Dade County, Florida. 27. ENTIRE AGREEMENT. This Contract contains the entire agreement between the parties hereto as it pertains to the subject matter contained herein and shall supersede and take precedence over any and all prior and contemporaneous agreements and understandings between the parties hereto. 28. CONDITIONS. This Contract is conditioned upon approval by the Mayor and City Commission of the City of Miami Beach, Florida, and in the event that such approval is not granted by December 31, 1999, Buyer will have the right to terminate the Contract. ~, 8 IN WITNESS WHEREOF, the Buyer and Seller have duly executed this Contract as of the day and year above written. (OFFICIAL SEAL) ATTEST: Witnesses: By: BUYER: Gary Davenport, as Trustee for a family land n=-i'/;lormatiOn ..t- By:~(til{<r Date: 12 -'i -91 By~ltZ L:lLA.....'~ Q....tJ 'Eb ~ (OFFICIAL SEAL) APPROVED AS TO FORM & tp.,NGUAGE & FOR EXECUTION ATTEST: SELLER: CITY OF MIAMI BEACH, a Florida Municipal Corporation AiLJJh;JL, \\-0--0) Cr~ Morooy Dofe ? ' ) By: ~k< LU~ } ((iAdlA--' City Clerk By: Date: The undersigned Escrow Agent hereby acknowledges receipt of the Earnest Money Deposit in the amount of Fifteen Thousand Five Hundred Seventy Five dollars and nolI 00 ($15,575). ESCROW AGENT / CITY OF MIAMI BEACH By: ~1~'\~ Print Name: e..1l.N\ J. (\Jv;\c....- ~. Date: 12.- ~ - q\ F:\DDHP\$ALL\ASSET\ I 749JEFF\1 749JEF2.CNT November 8. 1999 9 EXHKBKT A Lot 13, Block 21, Amended Plat of Golf Course Sub-Division, Plat Book 6, Page 26, Public Records of Dade County, Florida (the "Property") ~. '\' -.'..... '~ .~ f. r". ;i~" ~!"~~,"'~~~-:I.""""~_"'.6.,, ."'....-"......:11.1' ____r1'~ EXHKBKT B 'rIllS lHDilll'l'illill, I.lade this " #:; . - ...v ~ - - day of november, A.D. 1919 between 'L'1lli ,'J.,'loi~ Blli1t.:Il RE.iL1'Y UOlIPANY', a corporation organi zed and existing nnuel' the laws of the State of Florida, party, of the first part, and the CITY OF MIAMI BEACH, a municipal corJ..loration situate in the Uonnty Of Dade and Sta.te r ,,:';.;"' ,~r!:\-"':~Jr~\.\:;~";i~.~~;(;.'~f~~~~~~~~~:;:;:~~~~~"*';:'~.: of Florida, party of the second part;'i".,.:~:,'t';~"'"''''.''''~'~/('<''''' < '.. ~ITNESSirH, ~hat the said party of the first part, for and. in con- sideration of the sum of Forty 'L'housand ($40,000.00) DOlla.rs, to it in hand paid Ly the said party of tllG second part, the receipt whereof is heri\- ac- knowledged, has granted, bargained and sold to the said party of the second part. its succeSSOrs and assiGnS forever, the following described real estate and pel'sonal property situate and located in the City of Miami Beach. Connty of Dade ~ld State of Florida, described as follo\'ls. to-wit: From a concrete monument situate at the intersection of the North line of Lincoln Road and the V-lest line of Al- ton Road, as shol'm, marked'and desi~ated on a plat r~cord- ed in Plat Boole lTo. 4. at page 125. of the public records of Dade County. Florida; thence rlID East along the North line of said Lincoln Road produced Eastwardly. a. distance of Tlvelve Hundred and ..b'ifty (1250)' feet;.thence'~run: North along a line parallel with the Wes t; line' of .lIaid Alton ROad produceu I-iorth','lardly, a distance of Eighthundred and Seventy (870) feet, for a point of beginning of the land herein descrhed; thence Horth along said last named line a distance of ~ixty-five (65) feet; t~nce East on a line parallel l'Ii th the l~orth lino of said Lincoln Road produced Eastllardly, a distance of One Hundred ani Fifty (150) feet; thence South along a lino IR 1'0.11131 with said Viest line of II ton Hoad produced a d is tance of Sixty-five (65) fee t; tilence \'/est On a line ra 1'0.11131 wi th the North line of said Lincoln Road a o.i stance 0 f One Hundred and n fty (150) feet to the point of beginning, containing twenty- t..IO one hundredths (0.22) of an acre, more or less; Also the water works 'system of the Gran tor herein, noVl o':mcd, operated aml maintC\ined b;y it in the City of Uiami lJeach, indwlinl'; all wells. pumps" machinery, water mains, hyurants anu o Lli;)l' equipment and apparatus appertaining thereto, an," no.: in any manner useu in connection there',';i th, incll1uing the rj,ght to enter upon any other real estate now o\'llled by said cOl'lJoru. tion for the purpo se of maintaining and malting necessary repairG to said: Yfater.systeq':,or a:ny part thereOf; it being unuerstood, however, that saidpul'chase silall not include tho \'.'1311, pump and accessories nOl'I ovmed by the grantor herein and used in. connection with the operation of i tG Luilding and bus ines s Imown as "the Casino". si tuate in said City of lliwni Beach. r....~...............-I"\.............,.... ........-._.........____..I"O--.~..~... "'....~___....r1. , - < i ! ~ i ~ I ~ ~ ~ ....-.1&-"-" ._"~"I'l..'~ ~~l.'I; W:;~-.!..~. . ~4 /1....... ", ... .. . . "'" .. ~ . L '~<~~, _'('~.; ~:.,\\....., :~: ~~" Ol 'r'''A~_~ :.//~== ~fi..::.:;.!~~f..i!.: 1. .. ..; SHUTTS. SMITH.. BOWe:N, ATTORNEYS'AT-LAW,. MIAMI. ,.LA. " . .~. -".'~~~~'!'~~~-'l'~...\~.:.c ':'~" .1:. : "/""'~ . ~""." . -'.' ..... -~- ..,-... ----~~-_...,.,..... . .'. .' ..... ....~ '. ~..\~~;,,'r\:1,.tl';"'" ,""';"'i-'''!l''''~ ..,.~..f'"~~".-:_',,:,,,fi'l," ':;{r:tft.:ti~:,:Y..~,~.~u.'.'~1.',.~,'.,~..,,~~,~..,4..!,.~'_~:;:"..'.~~..,~1f,:.\.",I.'~~.,:f~?i.',j,;.. l;i.)~~,~'M'<.~~:r[.!'if:'''~~H;~(;;~~'' . c"?" ,':}'."c~,..-,. " . ;.' ", '.' .... . - - IT IS JlUTUALLY UNDEBS'l'OO.l) AlID AGREED by and between the parties hereto. that this conveyance is made subJeot to'the following restriotions and limitations. whiohare intended to be and shall be taken as ,covenants to run with the land. and which are intended to be and shall be taken as oonditions of this conveyance and one of the express oonsiderations thereof. viz:- 1. '1!b8 conBtruct1ou or ereot1ou of'bu11d1USB 'on the .' ,. ;~;'i' "'~";-~";;a:;~ est~~e,~~~~.<~0~~y~,J:1I~!..~~p.~~a~~~ c:,k~::51';~t~iii,or.::a4dl tions 'aa'llare or. may " Deoom. . eoe.~~f.~li!"~~her~;~it~'~-O::,; ." ,.:,;.:;,J,.</li~'complet1on of the city water system. .' "'.'!' 2. Any building or addition which may be erected wd-e8\. clause one (1) above must be of stone. stuoco. concrete. vi~ rified tile or blookS. with tile or shingle roof. so finished as to match the present buildings. HO teinporary sheds of any character shall be ereoted or placed on the property. r;.. The above desoribed property shall never be sold. leased or rented in any form or manner. by any title. ei thar . legal or equitable. to any person or persons other than of the . Caucasian Raoe. nor to any firm or corporation of which any per- son or persons other than of the Caucasian Raoe shall be a,mem- ber or stoQkholder. '. 4. Bo spirituous, vinous. malt or other intbxlcating liquors shall ever be manufactured. sold or bartered upon said real estate. " 6. The real estate herein conveyed shall not at any time be subdi~ided; but this restriction shall not pre~ent the Graibe trom convey1ng any part of the" .aid'/real estate here- in conveyed to the owner or owners ot lots adjoining the real estate hereby conveyed. 1- 6. The provisions. limitations and restrictions of this instrument shall not be coutrued so as to prevent or limit the Grantee trom keeping or maintaining on the real estate hereby conveyed, such elllployees. or servants as may be re- quired for operation of the plant. ;, I ~~~ . ~"~ '. ~ 7. One of the express considerations of this conveyance is that the Grantee herein agrees to allow .the use of such water without cost to the Grantor herein. as is necessarily used on the following fields and tracts:- ~;. ".:j. ,,'~, . '.;f" -;:::, , The Miami Beach Golf course and Club Buildings. The Miami Beach Polo GroundS. Club House and Stables. The Flamingo Golf Course and Club Buildings. ,"' " ,;7"_. ~,; ::_~.~,_~,,:.~.~:t,~..,....:, ;. t. ,~: (~fii- <~~~~:if},.~.'''''-',,,,, . 1':. for a ~riod of twenty years from the date hereof. and until said fields are abandoned. or their present use discontinued. , .~.~ ~~,." '~~'I.':-~.~~:.~'~;~~:'.:~"':;;::'<;" '~:', ' 0',(1, All the conditions. covenants. stipulations and agreements and each and everyone of them herein oonta.ined. are to have the effect of covenants ruDJling with the land and' the grantor by the execution and delivery of this d~ed. and the Grantee. by the exeoution, delivery and aoceptanceof this deed. each severally bind themselves. their successors or assigns, to . perform, fulfill. abide by and carry out each and every of said covenants. stipulations and agreements. violation in whole or in part of any of the within limitations and restric- ........,,;,..;.:....- ..- --..........-t......p.-,...../ .-~.~. ;J&.:,. Tfr\o:c\~.....~......... ,j~~f7.~:!,:'~.ti<;. c', r.;;Y;~;.';r"-<i' , '~~;*:~~~~ .~ .. ..' tions by the Grantee or its successors or assigns, or by the ovmer or o"ners of the real estate herein conveyed by vir- tue of any judicial proceedings, shall cause the sai~ above described wld conveyed real estate to ilmnediately revert to the Grantor, its successors or assi~lS, wld shall entitle the Urantor. its succeSGors or assigns. to DMlediately enter upon aaiu property \:ithout notice, and take possession of the aam~, ltllhi th full ti tle,~ in fee..sl~MI~~~;g~.:!;M~~~~!t~~P~O!,~~~;:~~ ereon. '. .c"" ......T. .. '. And the said party of the first part does hereby fully warrant tho ti t~to said real estate and personal property and vlill defend the same against_the lawful. claims of all persons ~homsoever. IU \~; l'rllESS \'JHEREXlF, the said party of the first part has hereunto caused its corporate lUI.JJlG and seal to be set and affixed by its President.. the day and year first above written. By' Atte6t:~ (() ~AJ.~. . Socretary. Signed, sealed and delivered in ~~:;~1~E~~l .. ~'.rATE Ol!' ss. GOUll'l'Y OI!' 1, a Notary l'ub1ic of the state of ~~~ an officer au- ;2. f15 ' day . t:lorized to truce aclmo':!l adgmonts, hereby certify that on this of llovembel', .\..1>.1919, personally appeared before me, CARL U. 1!'I:;)m:n and .b'lliUJK O. VAll DillllilT. respectivol;J' President nnll Secretary of TIlE AI/10U BEACH 1l;ill.'l"[ GOLll'AHY, n. corpol~c!.tion ol'ganizoo. o.no. existing under tl1e laws of the State of 1"lorida, to lllo.:oll IWO'..11 to be the p3 r80ns described in and 'o'Iho executod tho foreGoing COJlvo;yanco to the UI'l.'Y O~' MIMiU BUCH, and severally acknowledgod the execu tiOll tileroof to be the ir free and vol rm tn.ry act and deed as such officers for tho uses and purposes therein expressed; that they affixod thoreto til() official seal of said corporation and that said in- strmnent h; the act and (leed of said corporation. -3- ~~.' II.J (n'~.r.~jl J.,.,fLllt.-(4r~11~J(,,,i'"',Ar:'1.11*" ,11,.11.' "Ji, A ' .1 ,~,..,..,,,,,,,,J ),'1' _............_.._..""...,.,'f'1':t-:--;:;'..:. " , ' ,.~.> .i.":t':;T2';' ~,.f,;; .:-; __'~i:~~~,~':~ ~"\1f..-; ..,i:~'~1,~~~'~",i~.:'r(,1 . i.,l~,,~"~"~'~'t.~'l1"...~_:"i'~ r '$' i~~:i;.';{'''~'~-Y'' ~~~,..". ,;J\" , . " ~nLWITNESS ~F, "'J" ." :..'~,".~~ ~ ,.';';.~01 "..,- ,~ ~;'I ,1l.~, 1J,)'"L. ~ ~. . . ::". ~~i~~\6~~~~~'~'i"./)!J~ ~ ' : ~~ :'I' ''}1.f~day of November, A.D. ~\:~ ... ~ ",,13. 2 ~~ Comnission expires " . *;;i! .,',1' .,;:.....,..... ~l~ft~f!~;~, . ;~~:.,!:-,. . \:1;;\' )(,' ."" . ;~i:';;::'~Yf;:. j)l';~h"'i~;~r;iWR!r;\~1';'. , '",' ,.,:,_I.;,,~;,!.1,./;!, t"'lr"}~W'('''f:,,'<~',d t !,<~~~~~~{:;,~,:,,'J,~~'l~!~;!il:\~:!:!f. ',",,:;,; :; . ; '~~,~,.~. . , " . \. ~. , :\ ::',':1 ',"l "":-,1'1 '" ,', ' ~ J,' ') ~-'! i ,j>, \, :, " I,,; "~ 't~.. ,I: I , I , it. EXHIBIT C DECLARATION OF RESTRICTIVE COVENANTS THIS DECLARATION OF RESTRICTIVE COVENANTS (the "Declaration"), made this day of , 1999, by (the "Owner"), is in favor of the City of Miami Beach, Florida, a municipality of the State of Florida (the "City"). WITNESSETH: WHEREAS, the Owner holds fee-simple title to certain property in the City of Miami Beach, Florida, located at 1749 Jefferson Avenue, Miami Beach, Florida, legally described as follows: Lot 13, Block 21, Amended Plat of Golf Course Sub-Division, Plat Book 6, Page 26, Public Records of Dade County, Florida (the "Property"); and WHEREAS, the Owner purchased said Property from the City of Miami Beach, pursuant to Resolution No. , adopted on , 1999, Exhibit" 1"; and WHEREAS, the Owner is desirous of making a binding commitment to assure that the Property shall be developed in accordance with the provisions of this Declaration; NOW THEREFORE, the Owner voluntarily covenants and agrees that the Property shall be subject to the following restrictions that are intended and shall be deemed to be covenants running with the land and binding upon the Owner of the Property, its successors in interest and assigns, as follows: 1. Recitals. The recitals and findings set forth in the preamble of this Declaration are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. 2. Building Restrictions. Notwithstanding anything to the contrary in the City Code, the Owner shall only be allowed to develop the Property in accordance with the requirements of Sections 142.101 through 142.106 and Sections 142.901 and 142.905 of the City Code. In all other aspects, improvements to the Property shall comply with the zoning and development regulations which are applicable to the Property at the time of securing permits for the improvements. 3. Effective Date. This instrument shall constitute a covenant running with the land on the Property and shall be binding upon Owner, its successors and assigns upon recordation in the Public Records of Dade County, Florida. These restrictions shall be for the benefit of, and a limitation upon, all present and future owners of the Property and for the public welfare. 4. Term of Covenant. This voluntary covenant on the part of the Owner shall remain in full force and effect and shall be binding upon the Owner of the Property, its successors in interest and assigns for an initial period of thirty (30) years from the date this instrument is recorded in the public records and shall be automatically extended for successive periods of ten (10) years, unless modified, amended or released in accordance with Paragraph 6 herein prior to the expiration thereof. 5. Inspection and Enforcement. It is understood and agreed that any official inspector of the City may have the right at any time during normal working hours to enter upon the Property for the purpose of investigating the use of the Property, and for determining whether there is compliance with the conditions of this Declaration and the requirements of the City's building and zoning regulations. Enforcement shall be by action against any parties or persons violating or attempting to violate any of these covenants. The prevailing party in any action or suit arising out of or pertaining to this Declaration shall be entitled to recover, in addition to costs and disbursements allowed by law, such sum as the Court may determine to be reasonable for the services of its attorney. This enforcement provision is in addition to any other remedy at law, in equity or both. 6. Amendment and Modification. This instrument may be modified, amended or released as to any portion of the Property by a written instrument executed by the then owner(s) of the fee-simple title to the land to be effected by such modification, amendment or release, which instrument shall have the affirmation of the City Manager, as directed by the Mayor and City Commission, to be effective. Any such instrument of amendment, modification or release shall provide that same has been approved by the City of Miami Beach City Commission at one of their regular meetings and, if so required, at a public hearing, which public hearing shall be applied for by, and be at the expense of, the Owner. Should this instrument be so modified, amended or released the City Manager or his successor, shall execute written instruments in recordable form effectuating and acknowledging such modification, amendment or release. 2 7. Severability. Invalidation of any of these covenants by judgment of Court shall not affect any of the other provisions of this Declaration, which shall remain in full force and effect. 8. Recording. This Declaration shall be filed of record among the Public Records of Dade County, Florida, at the cost of the Owner. of IN WITNESS WHEREOF, the undersigned has set his hand and seal this ,1999. day Witnessed by: By: ( Owner) Print Name: Witnessed by: Print Name: STATE OF FLORIDA ) ) SS: COUNTY OF DADE ) The foregoing instrument was , 1999, by is personally known to me or produced acknowledged before me this day of He personally appeared before me, as identification. Print Name: Notary Public, State of Florida Commission No.: My commission expires: F:\DDHP\$ALL\ASSET\ I 749JEFF\1 749JEFF,CYN November 8. 1999,( 3 ~ L 'CITY ,OF MIAMI BEACH NOTICE OF A PUBLIC HEARING . NOTICE IS HEREBY given that a public hear- ing will be held by the City Commission of the City of, Miami Beach on WednQday, November '17; 1999 at 2:00 p.m., i/1 the Commission Chambers, 3rd Floor; ~ity 1:1 all, I 1700 Convention Ceriter Drive" Miami Beach, Florida, to consider, public, comment regarding the sale of the City-owned property located at 1749 Jefferson Avenue, Miami Beach, Florida. , ' Inqulr!es may be directed to the City Manage(s office at (305) 673-701 O~ ' ALL INTERESTED PARTIES are invited to appear at this m~eting; or be represented bY,an agent, 'or to' express their views in writing addressed to the City Commission, c/o theCity Clerk, 1700'Cohvention Center Drive, 1 st floor, City Hall, Miami Beach, Florida 33139., This meeting maYbe continued and under such cir- cumstances additional legal notice would not be provided. \.- Robert E. Parcher, City Clerk City of Miami Beach Pursuant to Section 286.0105, Fla. Stat., the City hereby advises the public that: if a person decides to appeal any deci,sior'l made by the City Commission with respect to any matter considered at its meeting or its hearing, such person must ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal ,is to be ,based. This notice does not constitute c'onsent by the city for the introduction or admission of otherwise inad- missible or irrelevant evidence, nor does it authorize challenges or appeals not not other- wise allowed by law> In accordance with the Americans with Disabilities Act of 1990, persons needing spe- clal,accommodation to participate in this pro- c~eding should contact the City Clerk's office. Telephone (305) 673-7411 for assistance; if hearing impaired, telephone the Florida Relay Service numbers, (800) 955-8771 (TOO) or (800) 9p5~8770 (VOICE), for assistance. ' ......,.. F TUESDAY. NDVEMBER 2.1999 www.herald.oom 78 ..{~tt&iChmeJtJlt 1 CiTY OF MIAMI BEACH PLANNING, DESIGN & HISTORIC PRESERVATION DIVISION To: Joe Damien Executive Assistant to the City Manager From: Jorge Gomez ~ Planning and {o~ng Director m - - - Date: Subject: October 27,1999 Analysis of Possible Sale of 1749 Jefferson Avenue (Ordinance 92-2783) Pursuant to your request, this memorandum serves to provide an analysis of the possible sale of city-owned property at 1749 Jefferson Avenue. Ordinance 92-2783 of the City of Miami Beach requires that any proposed sale of city- owned land be analyzed from planning perspective in order that the City Commission and the public are fully apprised of all conditions relating to the proposed sale. What follows, herein, are each of the eight criteria prescribed in said ordinance and a response to each: 1. Whether or not the proposed use is in keeping with City goals and objectives and conforms to the City Comprehensive Plan. The lot in question has been owned by the City for some time. The deed for the property (dated November 24, 1919) conveyed title to the City with certain restrictions - most importantly, that the property is to be used for water service purposes. However, in the mid 1990's, the City's engineering consultant, Camp Dresser & McKee, Inc. determined that the lot, measuring 65'x150', was no longer suitable for any water and/or sewer system expansion. While the City's Comprehensive Plan and its related goals and objectives, calls for the City to maintain adequate water service to its citizens, it can be concluded that the subject lot cannot be used any longer to meet the specific objective of providing water service. As such, its sale for a private use does not specifically contravene the objective of providing water service. The future land use category for the lot and surrounding area is RS (Single Family). This use category allows for single family detached dwellings as the main permitted use. 2. The impact on adjacent property, including the potential positive or negative impacts such as diminution of open space, increased traffic, noise level or enhanced property values, improved development patterns and provision of Attachment 2 necessary services. Based on the proposed use of the property, the City shell determine the potential impact of the project on City utilities and other infrastructure needs and the magnitude of costs associated with needed infrastructure improvements. Should it become apparent that further evaluation of traffic impact is needed, the proponent shall be responsible for obtaining a traffic impact analysis from a reputable traffic engineer. The proposed sale of the site for purposes of constructing a single family home should have a negligible effect on traffic and infrastructure needs of the surrounding area. Clearly it will diminish the open space in the immediate area. However, it would be very difficult to create and maintain a successful "vest- pocket" park for the neighborhood at the subject site. 3. A determination as to whether or not the proposed use is in keeping with a public purpose and community needs, such as expanding the City's revenue base, reducing City costs, creating jobs, creating a significant revenue stream and improving the community's overall quality of life. The proposed sale of the site for the purpose of constructing a single family residence would return the property to the tax rolls, the tax revenue from the site when improved would slightly increase the City's revenue base and create temporary construction jobs during the building phase. The proposed sale of the site would eliminate the City's costs attributed to maintaining the lot, however, these costs are nominal. Notwithstanding the above, the Commission should consider how the proceeds from the sale of this lot could be used. It is conceivable that the revenue realized from the sale could be used for some public purpose that would benefit the immediate neighborhood or the community as a whole. Alternatively, if the lot were not to be sold, the Commission should consider other uses which might be more responsive to a public purpose or to the community. 4. Determination as to whether or not the development is in keeping with the surrounding neighborhood, will block views, or create other environmental intrusions, and evaluation of the design and aesthetic considerations of the project. The surrounding area was recently re-zoned to single family, thus the only main permitted use for this site is as a single family residence. Such development would be in character with the neighborhood. It is also important to note that the area is within a local historic district and any new construction would require approval from the Historic Preservation Board. 5. The impact on adjacent properties, whether or not there Is adequate parking, street, and infrastructure needs. The proposed use as a single family residence should not have any adverse impact on surrounding properties. The project should have no major impact on parking, street and other infrastructure needs. 6. A determination as to whether or not alternatives are available for the proposed disposition, including assembly of adjacent properties, and whether the project could be accomplished under a private-ownership assembly. The only private use of this lot would be to develop it as a single family residence. Assembling the property with surrounding lots would still result in single family development unless such lot was used for accessory uses such as tennis courts or swimming pools. 7. Within the constraints of public objectives, the department should examine financial issues such as job generation, providing housing opportunities, and the return to the City for its disposition of property. The proposed sale of the property for a single family residence would have little, or no public benefit in terms of generating jobs on a long-term basis It will create a housing opportunity. 8. Such other items as the Planning Department may deem appropriate in analysis of the proposed disposition. The Planning, Design and Historic Preservation Division has concluded that the sale of the subject property would not be detrimental to the surrounding area. JGG/cat cc: J. Gavarrete F:\PlAN\tALL\OA VENPOR. WPD CITY OF WAW BEACH TO: Peter F. Liu Executive Assistant to City Manager FROM:' Murray H. Dubb~n ~ ~ City Attorney DATE: October 13, 1995 SUBJECT: Your memo of October 4, 1995 - Clarification of Deed Covenants and Restrictions -1749 Jefferson I have reviewed the above referred to memo and its attadunents, namely a memo of October 3, 1995 from Vincent O. Akhimie, a copy of the deed of November 24, 1919 from the Alton Beach Realty Company to t..:~e City of Miami Beach conveying the property. In addition I have reviewed a letter of September 27,1995 from Lucia Dougherty to the City Manager advising that she has a client interested in buying the property. The proposed purchaser is an adjacent landowner who desires to use the property to build a swimming pool accessory to his residence. The deed contains seven restrictive covenants with a reverter provision in the event of violation of any of them. The covenant that gives me most concern is one which limits the construction of buildings on the property to "Such buildings or additions as are, or may become, necessary for the further completion of the City water system. " The remaining six restrictions are, in my mind, troublesome but not critical. However, the final decision maker as to the acceptability of the property subject to such covenants would be the purchaser himself To that end, I would advise that if any conveyance of this property were made, it be made by a Special Warranty Deed which conveys the property subject to the conditions and restrictions and the reverter clau5~. I am also concerned by the suggestion by Mr. Akhimie that the property may be required for a pumping station, a use which appears to be consistent with restriction NO.1. Ordinance No. 92-2783 provides a method of conveying City owned property which calls for a public hearing and eight criteria which must be found to exist by the City Commission as a predicate to the conveyance. Said ordinance also calls for an independent appraisal of the fair market value of the property as the basis for setting a sales price. Attachment 3 In a snorter conclusion, it is my opitJion that the property may be sold provided: 1) The purchaser is willing to take the risk of violation of the restrictions and the possibility of reverter and indemnify the City against claims which may result from the . sale. 2) The City does not in fact require the property in furtherance of the City water system. 3) The provisions of Ordinance No. 92-2783 are complied with. 4) That written approval of the transaction be obtained from all adjacent property owners. :MHD:lm ~ 11/15/99 10:50 S.nt b~I~IRMI OFFICE o GREENBERG TRAURIG ~ 305 573 7002 ~o...-13-99 l!5IBe f~O'" 130"1l377H~e!5. i'Sg !5416 I NO. 512 ~02 ~aCj. 1 ~-.... November It, 1999 Mayor Neisen Kasdin Members of the City CommiliSion City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 j RE: Sale of 1749 Jefferson Avenue, Lot 13, Blok 21 . Amended Plat of 00 If Course _ Plat Book 6, Page 26 of the Public Records' fDade County, Florida Dear Mayor Kudin and Members of the City Commissio : TN! is to confirm that L adjacent property owner to the above described property, have no objection to the acqusition of said site by Gary Davenport. ~ .I (SianaWre) . Kemp 1745 efferson Avenue Miami Beach, Florida 33139 Atta.chment 4 Iloj 11/16/gg 10:50 S.ML b~I"IA"I OFFICE GREENBERG TRAURIG ~ 305 673 7002 Hov-t,-.. ,.... '10. "...,."".,.. NO. 612 789 ~416 ..<;1. D03 2 " November~, 1999 Mayor Neisen KueHn Membern of the City ConuniMjon City of Miami Beach 1700 Convention Center Drive Miami Beach. Florida 33139 RE: Sale of17491e.trerson Avenue, Lot 13, Bl 21 - Amended Plat ofOoJfCourse- Plat Book 6, Page 26 of the Public Records fDade County, Florida Dear MAyor IWdin and Members of the City Commissi : ! This is to confirm that I, adjacent property owner to the above described property, have no objection to the acqusition of said site by Gary Davenport. Sincerely, (Signature) Davenport 1775 Jefferson Avenue Miami Bei Florida 33139 .. 11/16/99 10:51 s."~ ~~lMIRMI OFFICE GREENBERG TRAURIG ~ 305 673 7002 'Oy-"-" "." '10" .""""".", NO. 612 Gl04 78~ '416 ..aq. :s November I", 1999 Mayor Neisen Ka.sdin Members of the City.Commission City of Miami Beach I 700 Convention Center Drive Miami Beach, Florida 3313 9 RE: Sale of11491etfersonAvenue, Lot 13, BIo k 21 . Amended Plat ofGolfCoufSe ~ p~ Book 6, Page 26 oftbe Public Records fDade County, Florida Dear Mayor Kasdin and Member, of the City Commtssi This is to confirm that I, adjacent property ownei to the above described propeny, have no objection to the acqusition of said site by Gary Davenport. L. , resident airview Condominium 1154 Meridian Avenue Miami ~ FIorlda 33139 i (Signature) '\ _I 11/16/99 10:51 GREENBERG TRAURIG ~ 305 673 7002 NO. 612 ~05 ~.M~ ~~INI~MI OFFICE NO"'-13-99 15 IiCl1 r~QM 13055383773+305 799 5416 ~.o;. ,1__ ~a/?p (j) t ---1Je.u.t"_L!20..for &e~I1.. ...t70/ . dJ.AlmirL.l.Rl'ler.;;u....__.__ ___.,__.._ ._~. ... ... .....----... .-..,- ."....-- .._-. "- '.. ... .".--.....--..- ... "' .....- . --......-............ ..-....-- . ~~:-~ :-~~~~~.c~~_lblll_ rie d tLf- /J C&#'lJ'I~C/'Y __ - _......~!~_..a..__l!a.c:(l.f1.llol".Ie.r. Ie.I..ln., i;'~ /1~o. ~ktf --.-.. -. -....--.-------------.---.. . ~,..._... .... .-. .." .. ., ............ - '........ ."-' '.- -_. _. -.- I},t h&r.i:a.ia-.4./Lt.l1tLer--&Jf/_t'a..l'LL_& --d.tf-~-_._o...._._- -------..--........____....._..... ..._._.____...__.____.... '0" ._.____....___. .........._.___. __.../ll@ry -~./11til.'.f1.I.tl.i.i2___lj/L_,Ia~__.I'iJ -:LliIL. ('t2ft{lcI Je ___'_ 0"'. _. (I ';;';10" flla/ 'muil:.._ t'./!li.b:y___t2 . tl~lLii/ff.t tfe@J1JtL_._____ ____ __,~r.p j1.f.r..zY-~)C ./'~~rce _ .. 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'. =~~~~~~--~r.~~_ ~~~=i~a/~~.lia/~.~~..--..--~-.~-.- .Ju.I/..Mf2<<1 btl.l.:..MfL'a.a.&'-L+ _.______ n_u . .___ _ .... """ 11/15/99 10:52 Sent b~IMI~MI OFFICE , . GREENBERG TRAURIG ~ 305 673 7002 NO, 612 ~06 Hov-13-99 l~lal rr'o~ 13e~~3e3'?3+3e5 78~ 5416 ~aq. 5 w /JI1le~efl- /h Jd/d /t//'olaJe d/lc/ p/e -f'u/1l'tJrf ~I' tJpv('~P/'f /11 /;/./' 11'#;"'/:;' ~~ we ~"t.V A~ M /1 1m ;<7I"CiV<: Ih 1''''1''''1+ IVAt;t r~.1l't'I: Ay /h cAp/(tc I~/ /,r.!,,'c.S v/ t7v. "/j~/'/l' /7;jfA.ldr,,(a,u/. /t.,GV/et/~/" IAet-e /j. a, ~W;J J~~ ~ /AtJ' /o./s/hk Jt21e a>>d IAul /j' Ila,L /he AtJ~e ~tu/1tl/:J 1/1 ()(//' /! tI(fA I",."t;"ci IUj~ l7J~e/' /a/If 11./ Ih/J' ''jJ(l~,f' II klJIA /lte/r jJ~h M/I hJ~ ,{.ft~j *,Vd/'Ik ./}'~-/ n:J ill.! J~el1, Ollt! ~~l1f/rlt/eJ' ~ ie, ~ j1hee 10 /7/eeJ, !:,PJ1 t/~r.u w//) e~J ..Ii....r <UJ./ eXt'-!"''fe /tkd./', .7; C()m;J~/Jfa/e. -/)/J !oJ.)" 10 pv/" , CfI.hJmul'J/r a;~ aJR ~~ IJ ()I' lie ./'elk", l'eVt:I1H'e. ~e /'eiJ1I(~,rlecl //;/O lie Ah i/;rtt/ /liy /r;/' /(' ZJ/s!"./cl.. /In /~4. /./ h ~velvj1 IJ~ eAr/ {/f' tfr/fe/:f(J)t /Nrlfl/t! (2-1 -/'/e ~t2nvl ill 11/16/99 10:52 S.nt b~IMIAMI OFFICE , . GREENEERG TRAURIG ~ 305 673 7002 -------. -- HQv-13-99 ISlet f~o" 1~9~S~B377~~~0~ 789 5416 NO. 612 Gl87 . . ~.9. 6/ 7 OJ I i1~ Q,. ..J'm,,/! 1'11'.1.( I"I'~.../ ~Dr/(I n / U Y i /t;1'!t/.r(;a.~/'~ 1J-'ktl an IJ/r:/h &<. C(/V;"A, ,,/ iM"'.(u, /PI'.Io/" a. /J? 1'&1"01" ,A/(lfClC-' #../ I /'t>Cah/.). t:s ~/m' Vt'rw a..r tI~ ~/.j'~r/c: ,r;e:J~I"'QCd ~()a41 it: tt::.rfl/oyetl J J/' /ht'J' tI/~re ~v"JJ/'1e J IJI'JA.ltJr.i "PI? t'()hh;7t./~ /hhrpel)~ tv/IA" each ~/je~ anti PlO/hla,i7 riff "~i'Jtle wo/"rA ~I' ()VI" area., /J~y ,4/14 /to// "'~i'r h/?1 TIe .;'Rtf It'fIV/cI Ie tlJ~c/ ~ ,!;/1gca/e ol-h ~~rR; 0/ /$/m ai'w M:I j "COt'/' Il,t;"v /f e.. I"" "'" /C tL~;,.rl ";pIa/1I1/'} Qdd Cl)o/~r4~M /~'J c~t/k/ ,~ a. w/~ w/1'7 .Jilt;a/;'p~ tbr fir:, Ci~ tJdhn t/r'tw tl/)q ~je !vc/(y );o-PJeowl1&1' ~tI.I)() /VFCA"tI[('j lie 101 "lhur?/:;ty YOQ. .,,{lr fa/I" c't;-'l.rtehr"l/on ~ Tit' ttJ.love ,tOro;<1/JJa( : dl1(l'.I'YJ 1 .fik", I 'C1'1f1"J~ ~~h?CJh hr ~ ~ I'lI'W /..,t;,/ ~"'i(r;.1 /f.J:flJc. CITY OF MIAMI BEACH MEMORANDUM DATE: December 13, 1995 TO: Jose Garcia-Pedrosa City Manager FROM: Joe pinon Assistant SUBJECT: PURCHASE OF CITY PROPERTY; DA VENPORT VIA LUCIA DOUGHERTY REQUEST BY GARY ---------------------------------------------------------------- ---------------------------------------------------------------- I received the enclosed fax transmittal from Lucia A. Dougherty, Esq., regarding the request of Gary Davenport to purchase Lot 13, Block 21, Amended Plat of Golf Course Subdivision (vacant parcel at Jefferson and 18th Street, Miami Beach). I have discussed, this issue wi th Public Works Director Vincent Akhimie and we are of the opinion that a water pump station is better suited in the south end of the City. We recommend the sale of tbe property. Please advise. JP:blbm Enclosure c: Vincent Akhimie, Public Works Director Att&cJhm.eJllt 5> - -- -- -- .....-...... .....A,.......... __,"._.. .. .....---- - I"lVV J. ( . = l:R' !OJ.M'I 1...l.il'1 r I. l.-.MUlJ. ,\ ........'--c ~ \ r-. C::./::i CDM Camp Dresser & McKee Inc. .,..~_"" 000 Brictd Avenue, &In. 710 - MIamI. FIork1a 331ai r Tel: 3QS 312.7'17'1 Fax: 305 3n81117 October 19, 1995 Mr. Vincent O. Akh.1mia, P.R. Director of Public Works City of Miami Beach City Hall 1700 Convention Center Drive Miami Beach, Florida 33139 Subject: Location Proposed }'uture WaJtewater Master Booster Pump Station Dear Mr. Akhimie; I"'"" In re~Fonse to your letter dated October 11, 1995, we have evaluated use of the City- owned property at 1749 Jef:fersan Avenue as a site for the ptoposed future ~ter wastewater boOSter pump station. The dimensions of this property are a 65-foot frontage on Jefferson Avenut! and a depth of 15Q feet (0.22 acres). This size parcel is adequate lor conatrudion and operatiDtI of the p1'Op~d station. However, the location of the parcel while "workable," is somewhat less than ideaL Thi.s location being considerably north of Pump Scation Nos. 31 and 1 requires diversion of theit ~ Bows a CCNiderable distanre to the north rather than maintaining their pre~~ relatively short connections to the terminal 54-inch ftm;e n\ain. 'the loation of the booster pu:atp station at South Point:e wou1d.1w.ve allowed these connections to remain. This circuitous path will result in somewhat higher energy costs ror th~se two statiO%1s. The connection of Pump Station Noa. 31 and 1 to the booster pump station at this location may be accompliahad through use of the existing 24-inch ro1'Ce main in Jefferso~ Court and Jefferson Avenue between 3rd St4eet and 11th Stroot and the existing 3O-inc:h force main in Meridian Street'between 11th Strget and 17th Street. Short lengths of 36, 42, and 54-lnch suction and dUscharge piping will be required tu serve Pump Station No: 11 and make the necessary connections to the new b~ pump station. An analysis of projected water and wastewater flows to the Yp.ar 2015 indicates that, some time during this period,. the discharge from the booster pump station may overload the 42-i:t\d\ fo~ main between 17th Street and 11th Sm:ct, where it connects to the 54-inch tenninal force main. requirtng replacement ~ paralleling to increase its capadty. ."-" It is assumed that the proposed developmenf in tho south Pointe/South Beach area hag eliminated any possibility of locating this ooo.ster station anywhere south of 3rd S~t. As an alternative to that location and the City-owned property on Jefferson .. ............, - - -..... - - . 'C,J -.J r K U L"1: M .1 M M .1 C .c:. /""'\ "- n r- U O.r...- .r. '- NVY 1 ( . ~ t:l;) 'la.l.n, l..LJn r I. L.H.JLJ. .r.l....I~ -...lV::;)O'...;)'O~" PAGE r-.:J/:;' 3 ~ CDM Camp ~& McKa:lnc. f' Mr. Vincent C. AldUm.1e, P.E. October 19.. 1995 Page 2. .... Avenue, yoU may want to giva COIU1derat:1On. to locatirtg this booster pump St1.t:ian in l'M Sioutheast comer of Flamingo P~k diI'ectly across 11th Street from Pump Station No.1. This location would have little impaa on the park, which ha.s an areA of about 38 acres, in that the pump station would require no more than a 100 by 200- foot parc:e1, less than one:-half acre. This location has 5e'Veral advantages over the Jeffersou Avenue property. One, it i<; within 600 feet of the northern end of the 54-inclt leoninal force main. Two, diversion of Pump StatiOn No. 31 to the booster pump station would be uncomplU;ated and inexpensive thtougll use of the existing 24-inch force main between 3rd Street and 11th Street. And third, a new Pump Station No.1 may be incorporated in the design of the bOO8t2r pump station at a. coSl not anticipated to be appreciably more than the cost to renovate the existing station. The existing pump station ~ould then be demolished allowing complete 'USf: of that property by the fire departmenL In addition, combining these two stations would not increase the number of .facilities in the 8}'8tem. ,...." Enclosed is a sketch of the modified force main system as it reLa~es to the Jeffet:lon Avenue property. We will be pleased to lurth.er dis~s trui evaluation with you and your staff at your convenience. Very truly you~, RCM/ph File; 9381-Q10-PM '. CAMP DRESSER &. McKEE IN'e. pIloO'J "..... COLlE ApPRAISAL COMPANY AJPPRAlIS:EJRS ANllJl COUNSElLORS C..\.lRlLTON 'W: COlLE. ~[All. CRE. CCIM CERTIFWATION No. 0000201 October 26, 1999 217 PARK PLACE n 1~01 VENERA AVENUE CORAL GABLES. FLORIDA 33146 (305) 667-1710 STATE CERTIFU;:n GENERAL AI>>PK..USER Mr. Jose Damien Asset Manager Office of Asset Management City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Re: 1749 Jefferson Avenue. Miami Beach. Florida (Our File #6864) Dear Mr. Damien: At your request, we have made a personal inspection, investigation, and analysis of the vacant lot owned by the City of Miami Beach at 1749 J efferson Avenue, Miami Beach, Florida, and legally described as follows: Lot 13, Block 21, GOLF COURSE SUBDIVISION AMENDED PLAT, according to the plat thereof recorded in Plat Book 6 at Page 26 of the Public Records of Miami-Dade County, Florida. - [Folio 02-3234-007-0340.] In our opinion, the market value of the property owned in fee simple, subject to the purpose of appraisal, definitions, assumptions and limiting conditions, provisions of our Certificate of Appraisal, and the like contained in the attached appraisal report of 56 pages, which must remain attached to this letter in order for the value opinions set forth to be considered valid, as of October 1, 1999, was Estimated Value Without Regard to Restrictions on Use Estimated Value Considering Restrictions on Use $180,000.00 $90,000.00 If you have further questions, please let us know. Yours sincerely, COLE ApPRAISAL COMPANY c~ 1\). &L Carlton W. Cole, MAl, eRE Att&dunent 6> 1749 JEFFERSON A VENUE, MIAMI BEACH, FLORIDA (FILE No. 6864) SUMMARY. ANALYSIS. AND CONCLUSION We have described and analyzed nine sales in the immediate area of the subject property. The sales are summarized in the following table: No. DATE PRICE ATTRIB. TO ATTRIB. TO LAND $PEIl AVC!%...... .. ",. IMPS. LAND AS IF AREA SQ. FT. VACANT (S.F.) I 8/97 $175,000 $25.000 $150,000 7,500 $20 106% 2 2/97 $265,000 $80.000 $185.000 7,500 $25 78% 3 6/99 $424,000 $240,000 $184,000 7,500 $25 70% 4 6/99 $210,000 $90,000 $120,000 8,000 $15 109% 5 5/99 $190,000 $80,000 $110,000 8,000 $14 120% 6 1/99 $317,700 $120,000 $197,700 8,000 $25 82% 7 4/98 $112,500 0 $112,500 8,000 $:2:2 102 % 8 1/98 $205,000 $30,000 $175,000 7,500 $23 88% 9 4/98 $228,000 $50,000 $178,000 8,000 $22 91 % SP 10/99 0 9,750 All the sales and the subject property were in the small neighborhood bounded by 17th Street on the south, Collins Canal on the north, the east side of Jefferson Avenue on the east, and the west side of Lenox Avenue on the west. All took place in 1997, 1998, or 1999. The sales indicated a range for land of $14 to $25 per square foot. Sales 4 and 5, which involved the same seller and same buyer, are inconsistent with the other sales. If we delete these two sales from the summary, we have the following: [45) 1749 JEFFERSON AVENUE, MIAMI BEACH, FLORIDA (FILE No. 6864) No. DATE PRICE ATTRIB. TO ATTRIB. TO LAND $ PER AV~ IMPS. LAND AS IF AREA SQ. FT. VACANT (S.F.) 1 8/97 $175,000 $25,000 $150,000 7,500 $20 106% 2 2/97 $265,000 $80,000 $185,000 7,500 $25 78% 3 6/99 $424,000 $240,000 $184,000 7,500 $25 70% 6 1199 $317,700 $120,000 $197,700 8,000 $25 82% 7 4/98 $172,500 0 $172,500 8,000 $22 102% 8 1198 $205,000 $30,000 $175,000 7,500 $23 88% 9 4/98 $228,000 $50,000 $178,000 8,000 $22 91 % SP 10/99 0 9,750 These sales indicated a range for land of $20 to $25 per square foot and an average of about $23 per square foot. Most of the sales required adjustment for the value contribution of improvements on the property. Since the estimated value contribution of improvements introduces uncertainty into the price paid for land, we tend to rely more on sales which required little or no adjustment, Sales I, 7, 8, and 9. If we delete the other sales from the summary, we have the following: No. DATE PRICE ATTRIB. TO ATTRIB. TO LAND $ PER AV% IMPS. LAND AS IF AREA SQ. FT. VACANT (S.F.) I 8/97 $175,000 $25,000 $150,000 7,500 $20 106% 7 4/98 $172,500 0 $172,500 8,000 $22 102% 8 \198 $205,000 $30,000 $175,000 7,500 $23 88% 9 4/98 $228,000 $50,000 $178,000 8,000 $22 91 % SP 10/99 0 9,750 These sales indicated a range for land of $20 to $23 per square foot and an average of about $22 per square foot, the same indicated for Sale 7, the site most closely resembl i ng a vacant site. The subject property is larger than any of the sale properties, but each sale property and the subject property comprises a single building site. For this reason, it is reasonable that a lower basis, but higher absolute amount, would be appropriate for the subject property. An amount of $180,000 for the subject site would be higher than amounts indicated for land of the most comparable sale properties, and would imply a basis of about $18 per square foot. 146] 1749 JEFFERSON A VENUE, MIAMI BEACH, FLORIDA (FILE No. 6864) The 1999 assessed value for the property amounts to $214,500 or $22 per square foot, the same basis used by the Property Appraiser for other sites in the area which are smaller. That amount, divided by the estimated $180,000, indicates an assessed value ratio of 119 percent, above the range of assessed value ratios indicated by sales of comparable properties. This discrepancy does not appear meaningful, however, because the same basis for assessed values was applied to all similar sites in the area, regardless of size. Based on the above data and reasoning, it appears that $180,000 reasonably represents the market value of the property without regard to special restrictions on use. A second purpose of this appraisal is to estimate the value of the property after considering these restrictions. The deed restrictions are described elsewhere in this report, but should be discussed in their relation to use of the subject property: Deed restrictions include the following: "1. The construction or erection of buildings on the real estate herein conveyed is I imited to such buildings or additions as are or may become necessary for the further completion of the city water system." Since the property is zoned for single family residential use and no longer needed for the city water system, this restriction would evidently prohibit construction of a building on the site. "2. Any building or addition which may be erected under clause one above must be of stone, stucco, concrete, vitrified tile or blocks, with tile or shingle roof, so finished as to match the present buildings. No temporary sheds or any character shall be erected or placed on the property. We assume that this restriction does not apply, since the first restriction would appear to prohibit all buildings. "3. The above described property shalI never be sold, leased or rented in any form or manner, by any title, either legal or equitable, to any person or persons other than of the Caucasian Race, nor to any firm or corporation of which any person or persons other than of the Caucasian Race shall be a member or stockholder. We assume that this restriction does not apply, because it would be illegal. "4. No spirituous, vinous, malt or other intoxicating liquors shall ever be manufactured, sold or bartered upon said real estate. This would not affect value, because the property is zoned for single family residential use. [47] 1749 JEFFERSON AVENUE, MIAMI BEACH, FLORIDA (FILE No. 6864) "5. The real estate herein conveyed shall not at any time be subdivided; but this restriction shall not prevent the Grantee from conveying any part of the said real estate herin conveyed to the owner or owners of lots adjoining the real estate hereby conveyed. This restriction would not affect value, because the subject property is not large enough to be subdivided under the zoning restrictions. "6. The provisions, limitations and restrictions of this instrument shall not be construed so as to prevent or limit the Grantee from keeping or maintaining on the real estate hereby conveyed, such employees, or servants as may be required for operation of the plant. This restriction would not affect value, because the property IS zoned for single family residential use. "7. One of the express considerations of this conveyance is that the Grantee herein agrees to allow the use of such water without cost to the Grantor herein, as is necessarily used on the following fields and tracts: The Miami Beach Golf Course and Club Buildings, The Miami Beach Polo Grounds, Club House and Stables, The Flamingo Golf Course and Club Buildings, for a period of twenty years from the date hereof, and until said fields are abandoned, or their present use discontinued. This would not apply, because the 20 year period has long since passed. "... Violation in whole or in part of any of the within I imitations and restrictions by the Grantee or its successors or assigns, or by the owner or owners of the real estate herein conveyed by virtue of any judicial proceedings, shall cause the said above described and conveyed real estate to immediately revert to the Grantor, its successors or assigns, and shall entitle the Grantor, its successors or assigns, to immediately enter upon said property without notice, and take possession of the same, with full title, in fee simple, together with all improvements thereon." The proposed declaration of restrictive covenants includes the following language: "2. Building Restrictions. Notwithstanding anything to the contrary in the City Code, the Owner shall be allowed to develop the Property in accordance with the requirements of Sections 142.101 through 142.104 and 142.901 through 142.905 of the City Code, and build such improvements which, in the aggregate, shall contain no more than 4,200 square feet of habitable space. In all other aspects, improvements to the Property shall comply with the zoning and development regulations which are applicable to the Property at the time of securing permits for the improvements." [48J 1749 JEFFERSON AVENUE, MIAMI BEACH, FLORIDA (FILE No. 6864) After considering the first deed restriction, which would seem to prohibit construction of a building on the site, the effect of the above proposal is unclear. Considering the above, it appears that the property could be sold to an adjacent owner, to enlarge his building site, but not for construction of any building. There are three adjacent property owners, Lot 12 to the north, Lot 14 to the south, and Lot 7 to the east. Lots 12 and 14 front on Jefferson Avenue and are zoned for single family residential use. If the subject property were acquired by one of those owners, it appears that it could be used for landscaping, swimming pool, tennis court, or other amenity that would not be considered a "building" or "addition." Lot 7 to the east fronts on Meridian Avenue and is zoned for multi-family residential use. If the subject property were acquired by that owner, it appears that it might, as a conditional use and subject to zoning board approval, be used for overflow parking, landscaping, or some other purpose that would not be considered a "building" or "addition." Alternatively, it could be retained by the city and used for park purposes, so long as no building were constructed. The above suggests that, under the restrictions described above, the site could best be considered excess land for an adjacent owner, to be used for any of a variety of purposes, but not for a building. Under these circumstances, its value would be greatly diminished. We estimate a basis about half that for a similar site unencumbered by such restrictions. We estimated a value of $180,000 for the property without considering the restrictions on use and this suggests about $90,000 after considering of the restrictions. Having considered the above and other available data, we are of the opinion that the market value of the property owned in fee simple, subject to the purpose of appraisal, definitions, assumptions and limiting conditions, provisions of our Certificate of Appraisal, and the like contained in this appraisal report, as of October 1, 1999, was as follows: Estimated Value Without Regard to Restrictions on Use Estimated Value Considering Restrictions on Use $180,000.00 $90,000.00 [49)