HomeMy WebLinkAboutReso 2011-1783
RESOLUTION NO. 2011- -1..J...B..3
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
SUNNY ISLES BEACH, FLORIDA, RESCINDING RESOLUTION NO.
2011-1750 ADOPTED ON JULY 21, 2011, AND RESOLUTION NO. 2011-
1776 ADOPTED ON SEPTEMBER 15,2011, APPROVING A LETTER OF
INTENT BETWEEN THE CITY OF SUNNY ISLES BEACH AND THE
WEINTRAUB COMPANIES FOR THE PURCHASE OF 18080 COLLINS
AVENUE ("ALAMO PROPERTY"); AUTHORIZING THE CITY
MANAGER TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS
RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Commission is desirous of continuing to develop public
facilities/amenities to further the development of the City as a growing residential population and
top tourist destination; and
WHEREAS, in February 2008, the City acquired the Alamo site located at 18080 Collins
Avenue (the "Alamo site") for anticipated future growth of municipal programs; and
WHEREAS, on July 21, 2011 via Resolution No. 2011-1750, the City Commission
approved a Letter of Intent with The Weintraub Companies to purchase the Alamo property in the
amount of Seven Million Five Hundred Thousand Dollars ($7,500,000.00), to create a first class
executive and professional office building; and
WHEREAS, on September 15, 2011 via Resolution No. 2011-1776, the City
Commission approved an updated Letter of Intent provided by The Weintraub Companies due to
a change in the terms of the Agreement; and
WHEREAS, the City Commission now wishes to rescind Resolution No. 2011-1750 and
Resolution No. 2011-1776 in order to negotiate with other developers regarding the property at
18080 Collins Avenue.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS:
Section 1. Rescind Resolution No. 2011-1750 and Resolution No. 2011-1776. Resolution
No. 2011-1750 and Resolution No. 2011-1776 approving a Letter of Intent by The Weintraub
Companies regarding the property at 18080 Collins Avenue are hereby rescinded.
Section 2. Authorization of City Manager. The City Manager is hereby authorized to do all
things necessary to effectuate this Resolution.
R2011- Rescind R2011-1750 & R2011-1776 Weintraub Co
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Section 3.
Effective Date. This Resolution shall become effective upon adoption.
PASSED AND ADOPTED this 4th day of October 2011.
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APPROVED AS TO FORM
AND L Jj SUFFICIENCY:
Moved by: rJ)~ A~~ {;)tU
Seconded by: \(\'u f{\~ T~~
Vote: 4-1
Mayor Edelcup
Vice Mayor Thaler
Commissioner Aelion
Commissioner Gatto
Commissioner Scholl
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V.AYes)
~(Y es)
_(Yes)
_(No)
_(No)
_(No)
_(No)
~(No)
R2011- Rescind R2011-1750 & R2011-1776 Weintraub Co
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