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<br /> <br />City of Sunny Isles Beach <br />] 8070 Collins Avenue, Suite 250 <br />Sunny Isles Beach, Florida 33160 <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br />(305) 947-2150 Building Department <br />(305) 947-5107 Fax <br /> <br />City Commission <br />Norman S. Edeleup, Mayor <br />Roslyn Brezin, Vice Mayor <br />Gerry Goodman, Commissioner <br />Lewis Thaler, Commissioner <br />nanny Iglesias, Commissioner <br /> <br />Rick Conner, City Manager <br />Hans Ottinot. City Allorney <br />.Iane A. llines, CMC, City Clerk <br /> <br />MEMORANDUM <br /> <br />TO: The Honorable City Commission <br /> <br />FROM: Hans Ottinol, City Attornc~ <br />DATE: July 16, 2009 <br /> <br />RE: Approval of Agreement of Purchase of Property from R.K. Associates VIII, Inc. <br /> <br />RECOMMENDA TION: <br /> <br />It is recommended that the City Commission approve the attached Resolution approvmg an <br />Agreement for the purchase of property from R.K. Associates VIII, Inc. <br /> <br />BACKGROUND: <br /> <br />By Resolution No. 2009-1401, passed and adopted on April 16, 2009, the City Commission of <br />Sunny Isles Beach declared the public purpose and necessity to acquire fee simple title to the <br />property located at 151 Sunny Isles Boulevard for the development of a public park and public <br />parking facility. Resolution No. 2009-1401 further authorized the City to acquire title to the <br />property through eminent domain or voluntary negotiations for the development of a public park <br />and public parking facility. Through voluntary negotiations between the parties, the City and <br />R.K. Associates VIII, Inc. were successful in negotiating the agreement for the purchase and sale <br />of the property. <br /> <br />The parcel located at 151 Sunny Isles Boulevard is the optimal location for expansion and <br />development of the City's park system and public parking facilities and the acquisition of the <br />subject parcel in fee simple serves a municipal purpose and is necessary for development of the <br />City's park system and public parking facilities, in accordance with the City's Comprehensive <br />Plan and Open Space Plan. <br /> <br />TERMS AND CONDITIONS OF AGREEMENT: <br /> <br />Notable terms and conditions of the agreement include the following: <br /> <br />1. R.K. Associates VIII, Inc. the owner of 151 Sunny Islcs Boulevard is willing to accept an <br />offer from the City of Sunny Isles Beach for the purchase of said property, in the amount of <br /> <br />A-b~-ON: ~ <br />Agenda Item 1 D I , <br />Date 1- 110- OC} <br />