TITLE
RESOLUTION AUTHORIZING THE EXECUTION OF A CONTRACT FOR SALE AND PURCHASE BETWEEN INVESTORS-R-US, INC., AS SELLER AND MIAMI-DADE COUNTY AS BUYER, OF TWO CONTIGUOUS PARCELS OF LAND LOCATED AT 15540 AND 15560 NE 7 AVENUE, MIAMI, FLORIDA IN THE AMOUNT OF $170,000 FOR THE PURPOSE OF EXPANDING OAK GROVE PARK TO PROVIDE SPACE FOR THE DEVELOPMENT OF HAITIAN COMMUNITY CENTER WITHIN OAK GROVE PARK; AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR�S DESIGNEE TO EXERCISE ANY AND ALL RIGHTS CONFERRED THEREIN; AND AUTHORIZING AND DIRECTING COUNTY MAYOR OR COUNTY MAYOR�S DESIGNEE TO ACCEPT CONVEYANCE OF SAME BY INSTRUMENT OF CONVEYANCE

BODY
WHEREAS, this Board desires to accomplish the purposes outlined in the accompanying memorandum, a copy of which is incorporated herein by reference,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that:
Section 1. The Board authorizes the execution of the attached Contract for Sale and Purchase between Investors-R-Us, the Sellers and the County, the Buyer, for property located at 15540 and 15560 N.E. 7 Avenue, Miami, Florida, in the amount of $170,000 for the purpose of expanding Oak Grove Park, and authorizes the County Mayor or the County Mayor�s designee to execute said Contract for Sale and Purchase on behalf of Miami-Dade County.
Section 2. This Board authorizes and directs the County Mayor or the County Mayor�s designee to accept the conveyance to the County of property located at 15540 and 15560 N.E. 7 Avenue and to accept and/or execute the necessary instruments of conveyance, and to perform all acts necessary to effectuate such conveyance.
Section 3. Pursuant to Resolution No. R-974-09, the Board directs the County Mayor or the Mayor�s designee to record the instrument of conveyance evidencing the transfer of title to the County in the Public Records of Miami-Dade County, Florida; and to provide a recorded copy of the instrument to the Clerk of the Board within thirty (30) days of execution of said instrument; and directs the Clerk of the Board to attach and permanently store a recorded copy together with this resolution.

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Date:

To: Honorable Chairwoman Rebeca Sosa
and Members, Board of County Commissioners

From: Carlos A. Gimenez
Mayor

Subject: Acquisition of Two Contiguous Parcels of Land Located at 15540 and 15560 NE 7 Avenue, Miami, Florida for
Expansion of Oak Grove Park Recommendation

STAFF RECOMMENDATION
Recommendation
It is recommended that the Board of County Commissioners (Board) approve the attached resolution authorizing the execution of a Contract for Sale and Purchase between Miami-Dade County and Investors-R-Us, Inc. More specifically, this item does the following:
* Authorizes the acquisition of two contiguous parcels of land (Folio No�s. 30-2218-038-0010 and 30-2218-038-0020) totaling approximately 24,000 square feet (0.55 acres) of land and a partially-built single family home located at 15540 and 15560 NE 7 Avenue, Miami, Florida, for the purposes of expanding Oak Grove Park;
* Authorizes the County Mayor or the County Mayor�s designee to execute the Contract for Sale and Purchase in the amount of $170,000, not including closing costs (approximately $5,000); and
* Authorizes the County Mayor or the County Mayor�s designee to accept the conveyance and to record the instrument of conveyance in the public records of Miami-Dade County.

Scope
The property is located in Commission District 2, which is represented by Commissioner Jean Monestime.

Fiscal Impact/Funding Source
The estimated total acquisition and closing costs are approximately $175,000, which is less than the property�s appraised value of $176,925. The funding source is Park, Recreation, and Open Space Impact Fees.

Track Record/Monitoring
Barry Kent of the Real Estate Development Division in the Internal Services Department is managing the purchase of this property. Alissa Turtletaub of Park, Recreation and Open Spaces will manage the expansion of the park.

Delegation of Authority
Authorizes the County Mayor or the County Mayor�s designee to execute the attached Contract for Sale and Purchase and to exercise any and all other rights conferred herein.

MANAGER'S BACKGROUND
Background
The two parcels being acquired total approximately 24,000 square feet (0.55 acres) of land and are located directly adjacent to Oak Grove Park. The acquisition of these parcels will allow for the relocation of the existing tennis courts in order to accommodate the construction of the Haitian Community Center that is planned for the park. Impact fees are available for the purchase of the land and $10 million in Building Better Communities General Obligation Bond funds are available to construct and improve park and recreational facilities.

Additional details are as follows:

SELLER: Investors-R-Us, INC.

COMPANY PRINCIPALS: Luis M. Rodriguez, President/Treasurer/Director
Jose Ferrer, Vice-President/Secretary/Director

LOCATION: 15540 and 15560 NE 7 Avenue, Miami

SIZE: Approximately 24,000 square feet (0.55 acres) of land with a partially built single family home

FOLIO NUMBERS: 30-2218-038-0010 and 30-2218-039-0020

ZONING: RU-1 (Single Family Residential)

PURCHASE AMOUNT: $170,000

APPRAISED VALUE: $176,925 (See attached appraisal)

_________________________
Lisa M. Martinez
Senior Advisor to the Mayor