Res. No. 027-05-12006RESOLUTION NO.27-05-12006
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF SOUTH MIAMI,FLORIDA,RELATING TO HAMMOCK
HOUSE PROPERTY,AUTHORIZING THE CITY MANAGER TO PAY
THE 2004 REAL ESTATE TAX NOT EXCEEDING $20,284.59 TO
MIAMI DADE TAX COLLECTOR ON THE VAN SMITH PROPERTY;
CHARGING THE PAYMENT TO ACCOUNT NUMBER 001-2100-519-
9920,TITLED GENERAL CONTINGENCY ;AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS,theCity acquired onethird(1/3)of theVan Smith property located at7800
SW 59th Avenue in July 2003 tobe used asa passive park;and
WHEREAS,aspart of thesalesagreementtheCityhasthe option to acquire the
remaining two third of the property before 2005;and
WHEREAS,forthis exclusive option to purchase the property theCityis responsible to
paythe annual real estate taxonthe property;and
WHEREAS,thetotalrealestatetaxdueonthesaid property for2004is $20,284.59,if
paid before theend of February 2004.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI:
Section 1.That theCity Manager is hereby authorized topay Miami Dade County Tax
Collector upto $20,284.59 as2004realestatetaxpaymentonthe property located at7800SW
59th Avenue,such funds to come from General Contingency Account 001-2100-519-9920 with a
current balance of $48,376.58.
Section 2.That this resolution shalltakeeffect immediately upon approval.
PASSED AND ADOPTED this \5*day of February,2005.
ATTEST:APPROVED:
CITY CLERK
REA0 AND APPROVED AS TO FORM
crny-attorney
COMMISSION VOTE:5-0
Mayor Russel 1:Yea
Vice Mayor Palmer:Yea
Commissioner Birts-Cooper:Yea
Commissioner Wiscombe:Yea
Commissioner Sherar:Yea
CITY OP SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER-OFFICE MEMORANDUM
South Miami
AD-AmerfcaCHy
2001
To:MayorandCityCommission
From:Maria V.Davis
City Manager
Date:February 15,2005
/5—w _f^
Re:AGENDA ITEM #^
Re:Commission meeting February 15,2005
Payment of property taxonVanSmith
Property (Hammock House)
RESOLUTION
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF SOUTH MIAMI,FLORIDA,RELATING TO HAMMOCK HOUSE
PROPERTY,AUTHORIZING THE CITY MANAGER TO PAY THE 2004 REAL
ESTATE TAX NOT EXCEEDING $20,284.59 TO MIAMI DADE TAX
COLLECTOR ON THE VAN SMITH PROPERTY;CHARGING THE
PAYMENT TO ACCOUNT NUMBER 001-2100-519-9920,TITLED GENERAL
CONTINGENCY;AND PROVIDING AN EFFECTIVE DATE.
BACKGROUND
TheattachedresolutionisrequestingyourauthorizationtopayMiamiDadeCountyTax
Collectoranamountnotexceeding$20,284.59asthe2004realestatetaxpaymentonthe
Hammock House property located at 7800 SW 59th Avenue.
InJuly2003,theCity acquired onethird(1/3)oftheVanSmithpropertylocatedat7800
SW 59th Avenue withthe exclusive option to purchase the remaining two-third (2/3)
beforethe deadline of June30,2005.TheCity exercised the option to purchase the
property for $567,000 in December 2004.Aspartofthe option agreement,the City is
responsible for paying allreal estate taxes onthe property during the option period.We
have received the real estate tax bill of $20,284.59 from Miami Dade County Property
Appraiseronsaid property,if paidbeforetheend of February2004.
Fundstopayforthebillwillbe charged to 001-2100-519-9920 titledGeneralFund
Contingency,whichcurrentlyhasabalance of $48,376.58.
RECOMMENDATION
Approval is recommended.