HomeMy WebLinkAboutReso 99-114
RESOLUTION NO. 99-M
A RESOLUTION OF THE CITY OF SUNNY ISLES BEACH,
FLORIDA, APPROVING THE SALE AND PURCHASE OF
PROPERTY LOCATED AT 201 191 ST TERRACE, SUNNY
ISLES BEACH, FLORIDA, FOR GOLDEN SHORES POCKET
PARK, IN ACCORDANCE WITH THE CONTRACT FOR
SALE AND PURCHASE BY AND BETWEEN ROSENDO S.
ALEMAN AND ORILDA ALEMAN AND THE CITY OF
SUNNY ISLES BEACH, ATTACHED HERETO AS EXHIBIT
"A"; PROVIDING FOR EXECUTION BY THE MAYOR;
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Golden Shores area has requested a small pocket park within walking
distance from it; and
WHEREAS, this Commission on December 17, 1998, approved this purchase based on
terms and conditions as contained in the contract;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS:
1. Approval of Contract. The contract for sale and purchase of 201 19pt Terrace attached
hereto as Exhibit "A", be and the same is hereby approved.
2. Execution by Mayor. The Mayor is hereby authorized to execute said contract for sale and
purchase.
3. Effective Date. This Resolution becomes effective upon adoption.
PASSED AND ADOPTED this 21st day of January, 1999.
ATTEST: "
,;. ~ "
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.~:Ric~W.Brown-Mo '..la, City Clerk
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Purc~ ~f!Ol19t- Street.':~.ef....., -
-1-
APPROVED AS TO FORM
AND LEGAL SUFFICIENCY:
Vote:
C)-v
Mayor Samson
Vice Mayor Turetsky
Commissioner Iglesias
Commissioner Kauffman
Commissioner Morrow
Purchase of 201 191- Street Res.
V"'(Y es)
~(Yes)
~(Yes)
~!)l es)
~(Yes)
~~~~~~y: ~::: ~
_(No)
_(NO)
_(NO)
_(NO)
_(NO)
-2-
" (l)',I"!{'I! JIll,''"',!' ,'\,/} I'! i, !I\..." ~
1,';1,\1. U
P~: Rosendo S. Aleman and Orilda Aleman, husband and wife
m 13930 SW 30 Street, Miami, Florida 33175
and Ci ty of Sunny Isles Beach
01 17070 Collins Avenue, Sunny Isles Beach, FL 33160 (~)
hereby agree lhal Seller shaU sell and Buyer lIhaI buy the lolIowlng de8cribed Real property and Personal Property (coIIecIiYeIy "fmaIdln upon !he toIowlng terms and condiliona. which
IIll:Iude Standards lor Real Estale Tian8actIons ("Standard/BI") on the reverse side her80l or atteched hereto and rIdenI and IIddenda to 1hIa ConlnId b Sale IIld Pun:heae 1"ConIracl"l.
I. DESCRIPTION: .
(a) I.8gaI ~tion 01 the Real Property Iocaled In Dade County, FIortda:
Unimproved property legally described as: Lot 14, Block 5, GOLDEN SHORES
OCEAN BOULEVARD ESTATES, SECTION C, Plat Book 51, Page 93
(b) Streetaddreas. clty. zip. 01 the Property Is: 201 191 Terrace, Sunny Isles Beach, Florida
(e) Personal Property: N / A
CLOSING OF THIS TRANSACTION IS EXPRESSLY CONTINGENT UPON CITY COMMISSION
APPROVAL OF THIS CONTRACT AT THE JANUARY 21. 1999 COMMISSION MEETING.
.. PURCHASE PRICE: ......................................................................................................................................................................................................... $ 8 5 , 000 . 00
PAYMENT:
(a) Depoelt held In 8IICIUW trt In !he emounl 01 ...... $
(b) AddIlionaI8IICIUW depoelt to be IllIIde wllNn _ daya IIfler EIlIclMI Dala (as cIeflned In Paragr8ph III) In !he wnount 01 ................................ $
(c) Subject to AND assumption 01 exi8ting IIIOl1gage In good standing In IaIIor m
having an approximate ~ principal balance 01................................. $
(d) PurchaBe money mortgage and note to SeIer (_ addendum) In the amount 01 .................................................................................................... $
(e) Other: $
(I) Balance to ctose trt U.S. cash. LOCAU.Y DRAWN'certified 01 ClI8hieI's check or lhird-perty loan, subject to ~ 01 pnntIclM ............... $ 8 5 , 000 . 00
HI. TIME FOR ACCEPTANCE OF OFFER; EFFECTIVE DATE; F--- ... If this oller Is not 8ll8CUIed trt and d8lIvenId 10" plIIIIIa OR FACT OF EXECUTION CCIIMlUIliclIIe In wrilIng
be'-' the pIII1iea on or belont l' I ~ 1 ~ the dIpoeil(l) will, at Buyer'I oplIon. be nIlumed and 1hIa oller wIhdIwn. The dId8 01 ConlnId ("EfIlIdhM DaI8") will
be !he dala when the Iaat one 01 the Buyer and has signed 1hIa oller. A IacIlrniIe copy 01 this ConIrlIcl and any IIgnatunIs IhenIon .... be oollsldered lor .. purpoIelI as orlgineIs.
IV. FINANCING:
(a) If the Pun:hase Price or any part 0111 II to be financed trt a third-party loan, this ConIrlIcl is conditioned on Buyer oblaInIng a wrillen oommIlmenl wtlhin _ daya IIfler Eft8clive
Dala lor (CHECK ONLY ONE): a a fixed: a an adjuatabIe: or a a fixed or adjustable rata loan In the principal amount 01 $ at an inltiaIlnleNlIl rate not to
exceed _ %, discounI and origination I8es not to exceed _ % 01 principal amount, and lor a term 01_ yeara. Buyer willllllk8l1ppllca11on wilhIn _ daya altar EfIsctive
Date and use reasonable diligence to obtain a loan commitment and. thereafter. to satillIy l8rmII and ooncIilionI 01 !he commIImenl Md dale the loan. Buyer IhaII pay aM loan
expenses. II Buyer IaiIs to obtain a comrnilmeIll or IaiIs to waNe Buyer'1 rlghls under lhiIlUbparagraph wilhIn the lime b oblaInIng a comroilmenl 01, IIfler dIliganI afIort, fails to meet
the terms and condllionI 01 the oommltmalll. then either party "-Il8r. trt wrillen notice to the OCher, may canoeI1hIa Contract and Buyer .... be rafundad !he dIposIl(l): 01
(b) The exlaling mortgage de8cribed In Plngraph lI(c). abow. has (CHECK ONLY ONE): a a variable inleraIl rate: 01 a a fixed InlIraIt ,...01_ % per annum. AI. lime oIlil1e
lrlInIlsr, some fixed Interest rates _ subject to incluM: If Increaaed. the rata shaU nOt exceed _ % per annum. Sellar ..... witlln _ daya IIfler E~ Dale, IumIIh a
8\etement from each mortgagee Ilating !he princlpal balance, malhod 01 payment, interest rate and 8\elul 01 mortgaga. If Buyer Ilea agNed 10 _ a mortgage which requires
approval 01 Buyer trt the mortgagee lor assumplion. then Buyer IheII promplIy obtain the ~ application Md dlIigenlIy ~ Md ..., illo!he /IIOItgIIgae. Ant mortgagee
charge(l) not to exceed $ lIhaI be paid trt Buyer. II Buyer is not accepted trt mortgagee or !he IlIqllOmenls lor assumplion _ not in lIIlCllIdance willi
the terms 01 this Contracl or mortgagee makes a charge In tIXCeBlI 01 the 8\eted amount, Seller or Buyer may rescind 1hIa ConIrlIcl trt wrillan notice 10 the other party unless either
eIecls to pay the incluM In interest rate 01 tIXCeBlI mortgage chargeI.
V. TITlE EVIDENCE: AI. Ieaat ---1..5lays beIont c:IoM1g dId8, buI no earlier lhan .2!L days altar Seller '**- wrillen nollfIc:ation lhal Buww Ilea obIainlId the loan CClIIIIIIilrnen or
has been approved for the loan auumplion u proIIided in Paragraphs !V(a) or (b). abowe, or, If appIicIble, waMId the financing raquIramanIlI, (CHECK ONLY ONE): a SaIer lIhaI, at SeIIel's
expense, deUver to Buyer or Buyer'1 allomey; or 0 Buyer IheII at Buyer's expense obtain (CHECK ONLY.DNE): a abaIrlIct 01 title: 01 CUlIe .lnsuranoLC!OI!Jl'lllmenl twillllaalble GIlIIieIL ot
instrumenla lilted as excepllons attached lherato) and, alter c:IoM1g, en owner'l po/lcy oltille IlIIUrence. P r 10r uwners '1'1. tole olnsurance -po.!:J.cy
VI. CLOSING DATE: ThIs transaction shall be ctoIed and the deed IIld OCher cIoIIng papers delivered on _ 2 / 2 5 / 9 9 ~ unIeu rnodIIIed trt other plOViIionlI 0I1hIa Conlracl.
VlL RESTRICTIONS; EASEMENTS; LIMITATIONS: Buyer 1halIlak8 tilte IUbjecl to: cornprehenslve land use plans, zoning. restriction.. pnlhibIlIoIlI and other raqWremanls imposed trt
governmental authority; restriclionI and maltenl appearing on the plat 01 otheIwise common to the subdivision: public UlIlIly -..nIl 01 ~ (_11I_10 be Iocaled contiguous to
Real Property IineI and not more lhan 10 feat In widlh as to the rear or fronllinel and 7 112leet in width as to the side Iinea,..... oIhIrwIae atMId ........):....Ior year 01 closing and
subIequenl years; a&IlJmad rnorlgageI and purdlue money mortgageI. If any (If additional ilema, see addendum); proIIided. lhallhera IIlliIla at cIoIing no violation 01 the foregoing
andnone~useolthePropertylor municipal park purpose(l).
WI. OCCUPANCY: Seller wammts lhallhera are no parties In occupancy other lhan Seller; bullf Property IIInl8nded to be ranl8d 01 ClCCUpIed ~ c:IoM1g. !he IIIct IIld t8mIIlheraoI
and the tenant(l) or oocupanls shaU be diIc:laaed ~ to SlandaId F. Seller lIheII deliver occupancy 01 Property to Buyer at ..... 01 c:IoM1g unIeu olherwiIe Ilallld herein. If occ:upancy
is to be delivered before closing, Buyer lIIIIlIMI aM riIka 01 Iou to Property from dale 01 occupancy, shall be AIIpOI'ISible and IlabIe b IllIIinIIr.- fIom lhal dale. and shall be deemed to
have accepled Property in ita exiIling condition u oIllme 01 taIdng occupancy unIe8I otheIwise slated herein.
IX. TYPEWRITTEN OR HANDWRI1TEN PROVl8lONS: 'JYpewrlIten or handwritten provilIions, riders and addenda shall conlrol aM prinIlId provilIions 0I1hIa Conlracl in conIIicl with them.
X. RIDERS: (CHECK Iho8e rIdenI which are applicable AND are attached to lhis Contracl):
(a) a COASTAL CONSTRUCTION CONTROL UNE (d) a VAIFHA (0) a HOMEOWNERS' ASSOCIATION DISCI OSURE
(b) 0 CONDOMINIUM (e) a INSULATION (h) a RESIDENTIAL LEAl).8ASE() HAZARD DISClOSURE
(e) o FOREIGN INVESTMENT IN REAL PROPERTVTAX ACT (I) a'ASIS" (I) IX SEE ADDENDUM ATTACHED
XI. ASSIGNAIIIUTY: (CHECK ONLY ONE): Buyer a may asaIgn and thereby be released from any further lability under lhiI Conlracl; a may aasIgn but not be raIeaaed from liability
under lhiI Conlracl; OI}Q may not asaIgn lhiI Conlrad.
XI. Dl8CL08URE8:
(a) RIdon II a naturally occurring ~ gas lhal whan acc:umuIaIlId In a bulIding In IUfIlcienl quanlIlIeI may p.- heaIh riIIla 10 peIIOIlI who _lIllpOI8d to II _ lime.
Levels 01 radon thaI exceed IedlIraI and Ilate guIdalines '- been found In buiIdingIln Florida. AdlIllonaIInbmaIIon nlglIIdIng RIdon 01 RIdon taaIIng may be obtained lrom
your County Public HeeIlh unIl.
(b) Buyer may '- datlrmillld !he energy etlIcIency rating 01 !he rasIdanlIal building, If any lllocaled on the Real Property.
(c) If the Real Property Inc:IudlII pnt-1978 rasIdenlIal housing than Paragr8ph X (h) II mandatory.
XIIL MAXIIlIUII REPAIR COSTS: Seller IheII not be resPOllllbla tor payI'*IlIln tIXCeBlI 01:
(a) $ N / A tor lrealmenl and rapIIir under Standanl D (II blank. then 2% 01 the PuR:haae Price).
(b) $ N / A lor repair and ~ under Standard N (II blank. then 3% 01 the PuR:haae Price).
XIV. SPECIAL S; ADDENDA: If addilIonaIlerms are to be proIIided. attach addendum and CHECK HERE a.
rs.wl.
(~)
<1lJlltI11.
N/A
A LEGALLY BINDNa'CONTRACT. F NOr FULLY UNDERSTOOD, SEEKTHE ADVICE OF AN ATIORNEY PRlORlO ~
FORM HAS BEEN APPROYED BY THE FLORIDA ASSOCIATION OF REAl.1CRS AND THE FI.OfIII>>. BAR.
""" any of /he __1IItlI ClIIlfICfIfonf In .. Connc:t ft1uId be ttDt>>I*d by"""'" ... ,.n/aIIII.....,.. T_1IItlI 00tIlIIilIns should
b-.J /he ~..... ~ tIfId bII/pIotItIg pt>>/IJt1M 01...""..,.,.,.,.
_BY~nBARANDTHEFLOmD4;J;jOF~ '
TTY OF' . r NNV T~T.F.~ p.F.~r} ~"'11 tP~...,.............,..~. u~1 I~~ -It:
STANDARDS FOR REAL ESTATE TRANSACTIONS
A. EVIDENCE OF TITLE: (1) An abstracl of title pnIp8red or brought cunenl by a IlIpUlable and exi8ling ablIlract firm (If nolllldllling lh8n cer1iIled _ comICt by an existing firm) purporting
to be an accurate synopsis 01 the instruments afIecting title to the Real Property recorded in the public records 01 the county whenlin the Real Property II Iocat8d tIvough EIIeclive Dala. II
shall commence with the earliest public records, or such later dale .. may be customary in the county. Upon cIo8ing oIlhis ContnId, the IIb8tnlclIhll become the property 01 Buyer, subject
. to the right 01 retention thereof by first mortgIlglIe untillully paid. (2) A title lnsunInc8 commitment iIlIued by a Florida Ilceneed tIlIe inIunIr IIgI88ing to iIlIue Buyer, upon IIIClOl"ding 01 the
deed to Buyer, an owner's poIk:y of title insurance in the amount 01 the pun:MM price, inlIuring Buyer's title to the Real Property. IUbject only to 1ienI, encumbrances. 8lCCIpfions or
qualifications provided in this Contract and lhoee to be cfischaIged by Seller at or before cIoelng. SeIer shaI c:GIMIy ~ liIIlIlUbject only to IienI, encumbrances. 8llIlIplions or
qualiIicaIionI provided In this Contract. MarMl8bIe title shaI be deIenlined acconIing to applicIIble TltIe StancIlIIda adopl8d by 8UIhorIly 01 The Florida Bar and in 8IlCCIIdII1C8 wIIh law. Buyer
shall have 30 days, il abstracl, or 5 days, if title commitment, from dIIe 0I1'lIClIivlng eviderIC8 01 title to umnine It. if title Ia tound cIeIec:tIw, Buyer .... wiIhln 3 dayslherNller, noliIy SeIer
in writing specifying the delect(s). if detect(s) I8Ild8r title UIlIll8Iket8IlI, SeIer will have 30 days from reoelpl 01 nolIce to _ the ..... IlIlIing which Buyer 1h8II, wiIhln IiYe (5) days
after expiration 01 the thirty (30) day period, deliver writttIn nolIce to Seller elIher: (1) extencIng the lime lor a I'H8OI18ble period nolto.-ed 120 days wIlhin which SeIer ahalI 11M diligent
ellort to remove the defects; or (2) reqIl88ting a refund 01 depoeil(s) paid which shall be lmmedlately returned to Buyer. II Buyer IalIs to so noliIy SeIer, Buyer IhII be deemed to have
accepted the tllla as it then is. Seller shall, if title II lound UM18IkalabIe, 11M diligent eIIort to oornlCl cIelect(s) within the lime provided thenItor. if SeIer II unable to timefy correct the defects,
Buyer shall elIher waive the defects, or recsMI a refund 01 depoeil(s), IhenIbv releasing Buyer and Seller from aI further obIIgaIIon WIder lhis ContnId.
8. PURCHASE MOHEYMORTGAGE; SECURITY AORIEEMENT 10 SELLER: A pun:MM money mor1gage and mor1gage note to Seller .... fllOVldelor a 3O-day lI"8CII period in the
lN8IIt 01 default if a filS! mortgage and a 15-day lI"8CII period if a Mcond or ....... mortgage; shaI fllOVldelor right 01 JlI8P8Yl'IlIIII in whale or in pert wIlhoul penally; Ih8II permil8CCllleration
in ewnt 01 transfer of the Real Property; lIhaIIllIqllQ aI prior IienI and enc:urnbr8nce8 to be Ireplin good standing and Iorbld modiIlcaIloI. 01 or tulunI.... WIder prior IIIOI1gaglI(s);
shaD I'llqUif8 Buyer to mainlain policies 01 insurance conl8ining a atandaRI morlgagae cIIlUM 0lMrlng alIlmprovemenls IocaIecI on the Real Property agelnst .. and.. perils induded within
the term "extended coverage elldol_mell"" and sudl other rIIks and perils .. SeIer may I'MDllIIlly cequft, in 11\ amount equllto thIIr ~ inauraIlIe __; IIId the mortgage, note
and security agreement shaI be otheIwise In torm and CllIllIIIt requied by Seller; but Seller may only I1IQUint c:a..1IId -.ge ~ tound in mortgIigII, mortgage notes and
sec:urily agcMments genecaIy utilized by savlngs and 101II instIlutlonI or atate or nalionaf bIIIka Iocat8d In the county whenIln the Real Property II located. AI PenIonaI Property and IeaMs
being ~ or assigned will, at SelIer's oplion, be subject to the Hen 01 a security agreement 8VIdenced by recorded llnanclng slalemenlI. if a baIoon mortgage, the IlnaI payment will
exceed the periodic payments thereon.
C. SURVEY: Buyer, al Buyec's 1IlCpllIlS8, within lime ~ to deliver evidence 01 title and to examine same, may have the Real Property ~ IIId cer1iIled by a registered Florida
SUMIyOl". lIthe IUMIY discloees IlIlCIOIIChmIII on the Real Property or Ihat imprcMIments IocaIed thereon enccoach on ll8fbBck lines, lI8SIIIl'I8IIIs, lands 01 others or violate any restrictions,
Conlnlct covenants or applicable ~ 1IIgUIalion, the same shall constitute a title defect.
D. TERMITES: Buyer, at Buyer's 1IlCpllIlS8, wilhln the lime a*-d to deliver evidence 01 title, may have the Property inspecl8d by a Florida Certified Pest ConlRlI Operator l"Ooecator"lto
del8rn1inll iflhere is any visible actiYe termile inIIItaIion or visible damage from termile InIeatation in the Property. if elIher or boIh are tound, Buyer shaI haw .. days from date 01 written
notice IhareoI within which to have cost 0Il188tmenl, if requiIed, estim8led by the Operator and aI dImage inspected and estim8led by a IicIInsed IIuIIdIIr or gIII8I8I conlIactor. Seller shall
pay vaJId coats 01 treatment and repair of aI damage up to the amount pcovIded in PanIgnIph XIII(a). II tIIIlimated costs exceed Ihat 8IllOUIlI, Buyer shaI haII8 the option 01 canceling this
Conlnlct within 5 days alter receipt 01 COIltrIIClor's repair esIimaalI by giving wrill8n notice to SeIIIr or Buyer may IIIect to proceed wIIh the fnInSaction. and IlIC8iWI a crediI at cIoelng on the
amount provided in Paragraph XIII(a). "Terrnltes" shall be deemed to Include aI wood cle8lIoying ClIgIIIiIms requileclto be C8pOI"l8d WIder the FIorldlI Pest ConlRlI Act, 18 amended.
E. INGRESS AND EGRESS: Saller warrants and ~ lI!8t there is ingrea and egRISII to the Real Property suIIicient lor ill intended 11M as dIIIIcrfbed in Paragraph VII hereof, title to
which is In aocordance with SIandard A.
F. LEASH: SeIer shall, nol Jess then 15 days beIont cIoeIng, fumIBh to Buyer <Xlples 01 aI wrill8n IeaMs and _\oppel ....... from each lIIIanl epec:ifyIng the nature IIId duration 01 the
tenant.. occupancy, rentaJ rates, advanced rent and security deposita paid by tenant. II Seller Ia unable to obtain such Ielter from each lenIIII, the same lnIormalion shaI be Iumished by
Seller to Buyer within thet time period in the form 01 a SeUer's affidavit, and Buyer may thereafter contact tenants to confirm such Information. Seller 1h8II, at cIoelng, deliver and assign aI
originaIleaMs to Buyer.
G. LIENS: Seller shaH furnish to Buyer at time 01 cIoeing an aIIIdavit attesting to the absence, unless oIheIwtse provided lor hanlin, 01 any llnanclng ....,..,., cIIlms 01 Hen or poIanlial
llenors known to Seller and further attesting thetthere have bean no improvements or repalIs to the Real Property lor 90 days Imrnecfiat8Iy pnICIdIng dIIe 01 cIoeIng. If the Real Property
has been improved or repaired within that time, Seller shall deliver reIeasaa or waivenI 01 conatructlon liens executed by allJIIIII8I CCIIllnIC;torS, SlIbconlnIctorw suppIieIs and materialmen
in addition to SeIler's lien affidavit setting Ior1h the names 01 aI such generaJ contractOl1l, suboonInIctors, suppIlecs and maIerIalmen, furfhar aIIlrmlng Ihat .. chaJges lor improvements or
repairs which could serve as a basis lor a conatructlon Hen or a claim lor damages have been paid or will be paid at the cIoelng 01 this ConlnIct.
H. PLACE OF CLOSING: Closing shaH be held in the county wherein the Real Property Ia Iocal8d at the oIIice 01 the attorney or other cIoelng agent des9lated by Seller.
I. nME: In computing time periods 01 less then six (6) days, Saturdays, Sundays and state or nalionallegaJ holidays shall be excluded. Ar'I time periods pcovIded for herein which shall end
on a Saturday. Sunday, or a legal holiday shall extend to 5:00 p.m. 01 the next business day. TIme .. of the _ In ... Conlraet.
J. DOCUMENTS FOR CLOSING: Seller shall fumIBh the deed, biD 01 sale, construction Hen aIfidavIt, 0WII8I's poesaslon affidavit, assignments 0I1eaMs, tenant and mortgagee estoppel
1elter8 and correctiIIe instruments. Buyer shalfumlsh cIoelng statement, mortgage, mortgage note, security IIgI8Ml8nl and financing sIalements.
K. EXPENSES: Oocumanlary stamps on the deed and recocdIng 01 corrective insIrumenla shaI be paid by Seller. Documenlary 8l8mp8 and inlIIIglbIe tax on the pun:haee money mortgage
and any mortgage assumed, and recording 01 pun:MM money mortgage to Seller, deed and financing Bl8tements shaH be paid by the Buyer. UnIeIIs oIhaIwi8e pcovIded by law or ridel' to
this Contract. chalges lor the IoIIowing related title services, namely tllla or abstract chaIge, title examination, and settlement and cIoelng fee, shaI be paid by the party responsible lor
lurnilhing the title evidence In accordance with PanIgnIph V.
L PRORATIONS; CREDITS: Taxes, assessmanlll, rent, Interest, Insurance and other expanses 01 the Property shaH be prorated tIvough the day beIont cIoeIng. Buyer shaI haw the option
01 teking over existing policies 01 insurance, II assumable, in which 8II8I1t premiums shaU be prorated. Cash at closing shaI be incnIased or dac:ANIIed .. may be requiIecI by prorations to
be made tIvough day prior to closing or occupancy if occupancy 0CCUI'lI before closing. AdvanolI rent and sec:urity deposita wiI be credil8d to Buyer. EICIOW d8poellI hald by mor1gaglIe will
be credil8d to Saller. Taxes shaH be prorated bUed on the ClImInl year's tax with due aJIowanoe made lor maximum allowable dIlIcounI, ho11l1tlld IIId 0lhIr -.pIioI1S. if cIoeIng ClCCUIS
at a date when the current year's miOage is nol filred and cunenl year's ~ II available, taus wiI be prorated based upon such lI-.nlllld prlor)'Ml"'s millage. II ClImInl ylI8r's
assessmenl is nol available, then laxes win be prorated on prior yen tax. II there are camplel8d ~ on the Real Property by .llnlary 1st 01 ~ 01 cIoeIng, which ~
- nol in llllislance on January 1&1 01 prior year, lh8n ta-. shaI be prorated bUed upon prlor )'MI"'s mllIege and at an equIfIIbIe ....um.llto be &gl'lIIld upon '*-' the parties;
lailing which, request shaH be made to the County Property AppcUer lor an inIormaJ lI-.nll8klng into IICCOUIll available ~ A tax pcoraIIon bUed on an eslimate shall, at
request 01 either party, be readjusted upon ~ of tax bill on oondition that a stetement to that 8If8ct is signed at cIoelng.
M. SPECIAL A88!SSMENT UENS: C8rlified, confirmed and IlllIIIed special assessment IienI .. 01 date 01 cIoelng (nol as 01 EIIeclive Date) are to be paid by Seller. Pending liens as 01
date 01 cIoelng shaI be assumed by Buyer. lithe impIOvemanl has been substanliaIIy completed 18 01 EIIeclive Date, any pending Hen shaU be considenId C8I1ifi8d, confirmed or ralilied and
Seller shall, at closing, be charged an amount equal to the Iasllllllimate or assessment for the In1pIoII8ment by the public body.
N. INSPECTION, REPAIR AND MAINTENANCE: SeIer warrants Ihat, as 0110 days prior to cIoelng, the CIIiIlng, roof (Including the Iasc:Ia and soIliIa) and exterior and interior waIis,
loundation, seawalls (or equivalent) and dockage do nol have any VISIBLE EVIDENCE 01 leaks, water dImage or structural damage and that the seplic IIIIk, pool, .. appliances, mechanical
items, heating, cooJing. electrical, plumbing systems and macf1lnery _ in WORKING CONDITION. The foregoing warranty .... be Iimiled to the ifIIIls speciIled unless oIhacwise pcovIded
in an addendum. Buyer may, at Buyer's expense, have inspections made oIlhoee items by a firm or Individual specializing In home inspections and holding an occupeIionaIlicense lor such
purpose (if required) or by an appropriately Iicansed Florida conlIactor. Buyer shaI, prior to Buyer's occupancy or nol Jess then 10 days prior to cIoeIng, ~ occurs Iirsl, report in writing
to SeHer such items that do not meet the above standards as to deIec:la. Unless Buyer Iirnaly ceporla such deIec:la, Buyer shaI be deemed to hawe wMIId SelIar's wacranties 18 to defects
not reported. II repairs or replacements are required to comply with this Standard, Seller shaI _ them to be made and shall pay up to the amounI pcovldad In Paragraph XIII(b). Saller
is not required to make repairs or replacements 01 a cosmetic nature unless caused by a def8ct SeIer Is responsible to repair or 18p1ace. if the CCllIt lor such repair or Np/acIImIInt axcaeds
the amount prOVided in Paragraph XIII(b), Buyer or SeHer may IIIect to pay such excess, falling which elIher party may cancel.. ConIrlIct. if SeIer II unable to oornlCllha deIec:la prior to
closing, the COSlthereol shall be paid into escrow at cIoeing. Seller shaU, upon reasonable notice, fllOVlde utiIItias servlca and 8OC8SS to the Property for inapecllol..1ncIuding a weIk-through
prior to cIo8ing, to confirm that all items 01 Personal Property _ on the Real Property and, IUbject to the Ioregolng, thel aI requiIecI repairs and Clpllcltmlclll hawe been made and that
the Property, including, but not limited to, lawn, shrulJbery and pool, if any, has been maintained In the condition existing as 01 Effective Date, 0Idinary _1IId liar excapted.
O. RISK OF LOSS: lithe Property is damaged by lire or other casually before closing and cost 01 reatoration does nol exceed 3% 01 the 8888SSlId VIIIuIIIon 01 the Property so damaged,
cost 01 restoration shall be an obligation 01 the SeIer and cIoelng shaI proceed pursuant to the IlImIs oIlhis Contract with raaIoration costs aaaOWIId at cIoeIng, II tha CCllIt of restoration
exceeds 3% 01 the assessed valuation 01 the Property so damagacf, Buyer shall have the option 01 aithar laking the Property as la, together with aithar the 3% or any Insurance pcoceeds
payable by virtue 01 sudl loss or damage, or 01 canceling this Conlracl and receiving retum 01 the deposit(s).
P. PROCEEDS OF SALE; CLOSING PROCEDURE: The deed shall be recorded upon cIearanoI of funds, II an abstract 01 title has been Iumishad, evidence of tlIIe shall be continued at
Buyer's expanse to show title in Buyer, without any encumbrances or change which would I8Ilder SelIar's title unmarketable from the date 01 the last 8VidIIIoe. AI cIoelng proceeds shall be
held in escrow by Seller's attorney or other mutually accapIabIe escrow agent lor a period of noll11Ol8 then 5 days after cIo8ing date. II SelIer'8 tIlIe II IIl1dered UIlIIl8l'MIabIe, through no
laull 01 Buyer, Buyer shaH, within the 5-day period, notify Seller in writing 01 the defect and Seller shall have 30 days lrom date of recsipl 01 such nollIicatIon to _the def8ct. II Saller fails
to timely cure the defect. all deposit(s) and cIoelng funds shaI, upon written demand by Buyer and within 5 days alter demand, be returned to Buyer and. sImuIIIIIeousIy wIIh such repayment,
Buyer shall return the Personal Property, vacate the Real Property and reconvey the Property to SeIer by spacial warranty deed and bill 01 ..... II Buyer falls to make timefy demand lor
relund, Buyer shaD lake tille as is, waiving aU rights against Saller 18 to any intervening defect except as may be available to Buyer by virtue 01 ........ c:ontained In the deed or bill 01
sale. If a portion 01 the purchase price is to be derived from insIIIutionaIlInancing or refinancing, IliqUirements 01 the landing inIliIutIon as to ptaca, lime of day and procedurea lor clOsing,
and lor disburselnent of mortgage proceeds shall contJOI CMIr conlnlry provision in this ConlnIct. SeIer shaI have the right to I1IQUint from the Iandlng lnstiIution a written commitment thet
it wiU nol withhold disbursement 01 mortgage pcocaeds 18 a resuIl 01 any title detect allributable to Buyer-mortgagor. The escrow and closing proceduc8 I8Ill*8d by this Standard shaU be
waived if the title agent insures adverse mal1lrs pu~ to Sactlon 627.7841, F.S., 18 amended.
Q. ESCROW: Any escrow agent ("~ recaMng funds or equiYalIIIt is authorized and ~ by acceptance of them to daposit them proII1llIy, hold same in escrow and, subject to
clearance, daburse them in accordance with terms and condiIions 01 this Contract. failure oIlunds to clear shall not excuse Buyer's performance. if in cfoubI as to Agent's duties or liabilities
under the provisions of this Contract, Agent may, at Agent's oplion, c:ontinue to hold the subject matter 01 the escrow untillhe parties henIlo agree to its dislluIMment or unliI a judgemant
of a court of compelent jurisdiction shall determine the rights of the perties, or Agent may daposit same with the clerk 01 the cIrouit court having jurisdiction 01 the dispute. Upon notifying aD
parties concerned of such action, all liability on the part of Agent shallluUy terminate, except to the extent 01 accounting lor any if8mII previously deIMIred out 01 escrow. II a licensed real
estala broker, Agent will comply with provisions 01 Chapter 475, F.S., as amended. Any suit ~ Bu).-er and Seller wherein Agant is made a party bllcal8 01 acting _ Agent hereunder,
or in any suit wherein Agent interpleads the subject matl8I' 01 the 88CIOW, Agent shall1IClOII8I" I8lISOI18bIe attomey's fees and costs Inc:und with ... 8IIIOUIlIII to be paid from and out 01
thA _,,---..e..~ _. _..:"._1__1 __.... _~__... __.... _,__--"_..Jo __ ___ ~ _ _ _" ... .... ... ___
ADDENDUM TO CONTRAct
DISCLOSURE. The laws of the State of Florida and the City Charter for the City of
Sunny Isles Beach requires full sworn and notarized disclosure as to all parties in interest
as to each Seller in this transaction. This disclosure must be provided to Buyer within ten
(10) days of effective date of the Contract and shall include the following information:
(a) Identity of property and name of owner;
(b) Names and addresses of each person or entity holding an interest either as
owner or shareholder of owner; and
(c) For the corporate owner, the names and addresses of each officer and
director.
READ AND APPROVED:
~ ~hU~~.~. ~
ROSENDO S. ALEMAN
)( ~.-.ReA- ~,
ORlLDA ALEMAN
DATE:/~-3/ -9Y
By:
DATE:
Pj 17070 Collins Avenue, Suite 250
Sunny Isles Beach, Florida 33160
SFr (305) 947 -0606 phone (305) 949-3113 fax
David Samson
Mayor
MEMORANDUM
^'---Irving Tbretsky
Vice Mayor
Commissioners
TO:
City Commission
Danny Iglesias
Lila Kauffman
Connie Morrow
FROM:
Lynn M. Dannheisser, City Attorney
James DiPietro
City Manager
DATE:
January 21, 1999
Lynn M. Dannheisser
City Attorney
RE:
PURCHASE OF 201 191ST STREET FOR USE AS GOLDEN
SHORES POCKET PARK
RECOMMENDATION
It is recommended you approve the attached contract for Purchase and Sale on the
referenced property.
REASONS
As the City Manager reported to you on December 17th, and as you approved in
concept the pursuit of a contract for sale and purchase, attached is the contract for
Sale and Purchase negotiated with the Seller, based on those terms.
This contract is contingent upon your approval.
Respectfully submitted,
LMD:CH
Attachment(s)
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