Laserfiche WebLink
<br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />RE: <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />City Commission <br />Norman S. Edelcup, M'!yor <br />Lewis J. Thaler, Vice M'!)'or <br />Roslyn Brezin, COmmifJioner <br />Gerry Goodman, COmmifJioner <br />George "Bud" SchoU, CommiJJioner <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 />Rick Conner, City Manager <br />Hans Ottinot, City At/oroey <br />Jane A. Hines, City Clerk <br /> <br />MEMORANDUM <br /> <br />The Honorable City CommiSSi~. n\cx <br /> <br />Hans Ottinot, City Attorney ~ \'\) <br />January 28,2009 <br /> <br />Partial Stipulated Order of Taking <br /> <br />RECOMMENDATION: <br /> <br />This Resolution is presented for your consideration. <br /> <br />REASONS: <br /> <br />The City this past year, filed an eminent domain action to acquire the property located at 215-255 <br />Sunny Isles Boulevard. Since the filing of the eminent domain action, the parties have engaged in <br />settlement discussions. Based on these discussions, the parties have negotiated a partial <br />Stipulated Order of Taking whereby the City has agreed to deposit $7.7 million dollars into the <br />registry of the Clerk of the Court in exchange for title of the aforementioned property. <br /> <br />Additionally, the City has agreed to provide the property owners with a minimum compensation <br />of$8 million dollars if this matter proceeds to a valuation trial. <br /> <br />/ Attachment <br />