02-15-05 Item 13CITY OF SOUTH MIAMI
mm= OF THE C/TY MAmAvEm
INTER- OFFICE MEMORANDUM
To: Mayor and City Commission
From: Maria V. Davis
City Manager 1
RESOLUTION
South Miami
All- America CRY
2001
Date: February 15, 2005
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Re: AGENDA ITEM 4 /
Re: Commission meeting February 15, 2005
Payment of property tax on Van Smith
Property (Hammock House)
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
The attached resolution is requesting your authorization to pay Miami Dade County Tax
Collector an amount not exceeding $20,284.59 as the 2004 real estate tax payment on the
Hammock House property located at 7800 SW 59th Avenue.
In July 2003, the City acquired one third (1/3) of the Van Smith property located at 7800
SW 59th Avenue with the exclusive option to purchase the remaining two -third (2/3)
before the deadline of June 30, 2005. The City exercised the option to purchase the
property for $567,000 in December 2004. As part of the option agreement, the City is
responsible for paying all real estate taxes on the property during the option period. We
have received the real estate tax bill of $20,284.59 from Miami Dade County Property
Appraiser on said property, if paid before the end of February 2004.
Funds to pay for the bill will be charged to 001 - 2100 -519 -9920 titled General Fund
Contingency, which currently has a balance of $48,376.58.
RECOMMENDATION
Approval is recommended.
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RESOLUTION NO.
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 $20,079.00 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, the City acquired one third (1/3) of the Van Smith property located at 7800
SW 59th Avenue in July 2003 to be used as a passive park; and
WHEREAS, as part of the sales agreement, the City was given the option to acquire the
remaining two third of the property before 2005; and
WHEREAS, for this exclusive option to purchase the property the City is responsible to
pay the annual real estate tax on the property; and
WHEREAS, the total real estate tax due on the said property for 2004 is $20,079.00, if
paid before the end of February 2004.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI:
Section 1. That the City Manager is hereby authorized to pay Miami Dade County Tax
Collector up to $20,079.00 as the 2004 real estate tax payment on the property located at 7800
SW 59t" 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 shall take effect immediately upon approval.
PASSED AND ADOPTED this day of 52005.
ATTEST: APPROVED:
CITY CLERK
READ AND APPROVED AS TO FORM:
CITY ATTORNEY
MAYOR
Commission Vote:
Mayor Russell:
Vice Mayor Palmer:
Commissioner Birts- Cooper:
Commissioner Sherar: