Res No 211-96-9965RESOLUTION NO, 211 -96 -9965
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF SOUTH MIAMI, FLORIDA, AUTHORIZING THE CITY
MANAGER TO ENTER INTO AN AGREEMENT WITH OWEEN GOLDSTON
TO PURCHASE THE PROPERTY AT 6820 SW 64TH AVENUE FOR THE
PURPOSE OF ESTABLISHING A PUBLIC PARK FOR THE USE OF
RESIDENTS. PURCHASE PRICE HAS BEEN SET AT $ 225,000.00,
WITH AN INITIAL PAYMENT OF $ 100,000.001 THIS
EXPENDITURE IS TO BE DRAWN FROM ACCOUNT NUMBER
001 - 0000 - 133.10 -70, DUE FROM FLORIDA RECREATION
DEVELOPMENT ASSISTANCE PROGRAM.
WHEREAS, the Commission authorized
negotiate the purchase of the property at
the purpose of establishing an open space
WHEREAS, the City of South Miami has
the amount of $ 100,000.00 from t]
Development Assistance Program toward
property for an open space park; and
the
6820
park;
been
ie F
the
City Manager to
SW 64th Avenue for
and
awarded a grant in
lorida Recreation
purchase of this
WHEREAS, a purchase price and process has been established
to initiate closing procedures;
NOW
THEREFORE BE
IT RESOLVED
BY THE MAYOR AND CITY
COMMISSION
OF THE CITY OF
SOUTH MIAMI,
FLORIDA:
Section J...-The City Commission approves the expenditure of
$100,000.00 from Account * 001 - 0000 - 133.10 -70, for the initial
payment toward purchase of this property, these funds are to be
reimbursed from the Florida Recreation Development Assistance
Program.
SP ion 11 The City Commission approves five equal payments
of $ 23,500.00 plus 5% interest beginning on the anniversary of
the closing to complete the purchase of this property.
Section This resolution shall take effect immediately upon
approval.
PASSED AND ADOPTED this 2nd day of December, 1996.
0*:.
READ AND APPROVED AS TO FORM:
CITY ATTORNEY
APPRO
MAYOR
COMMISSION VOTE: 5 -0
Mayor Cunningham: Yea
Vice Mayor Robaina: Yea
Commissioner Price: Yea
Commissioner Bethel: Yea
Commissioner Young: Yea