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<br />RESOLUTION NO. 2003- 5" I <br /> <br />A RESOLUTION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, <br />APPROVING IN CONCEPT THE TERMS TO BE INCLUDED IN A <br />CONTRACT FOR THE SALE AND PURCHASE OF VACANT PROPERTY <br />DESCRIBED AS LOT 15, BLOCK 5, GOLDEN SHORES OCEAN <br />BOULEVARD ESTATES, AS RECORDED IN PLAT BOOK 51, PAGE 93, OF <br />THE PUBLIC RECORDS OF DADE COUNTY, FLORIDA, LOCATED AT <br />215 191 ST TERRACE, SUNNY ISLES BEACH, ON THE TERMS AND <br />CONDITIONS PROVIDED IN THE LETTER OF INTENT ATTACHED <br />HERETO AS EXHIBIT "A"; AUTHORIZING THE CITY ATTORNEY TO <br />DRAFT SUCH A CONTRACT; AUTHORIZING THE CITY MANAGER TO <br />DO ALL THINGS NECESSARY TO EFFECTUATE THIS PURCHASE; <br />PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of Sunny Isles Beach which became incorporated on June 16, 1997; <br /> <br />and <br /> <br />WHEREAS, the Mayor and the Commission have expressed the desire to create more than <br />one park for the City of Sunny Isles Beach to improve the "quality of life" for its citizens; <br /> <br />WHEREAS, the City Manager and the Mayor have reviewed and analyzed the number of <br />residential properties and have concluded the contract proposed to the City Commission represents <br />the most favorable negotiation both in terms oflocation and price for the City of Sunny Isles Beach; <br />and <br /> <br />WHEREAS, the proposed purchase price of $207,000.00 is supported by an independent <br />appraisal and the City Attorney has drafted the attached Letter of Intent; <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of Purchase. The purchase of the vacant property described as Lot 15, <br />Block 5, GOLDEN SHORES OCEAN BOULEV ARD ESTATES, as recorded in Plat Book 51, Page <br />93, of the Public Records of Dade County, Florida, located at 215 191 st Terrace, on the terms <br />provided in the letter of intent set forth as Exhibit "A," is hereby approved in concept by the City of <br />Sunny Isles Beach. <br /> <br />Section 2. Authorization to City Attorney and City Manager. The City Attorney is hereby <br />directed to draft for Commission approval such a contract and the City Manager is hereby directed <br />to do all things necessary, including the execution any and all documents to effectuate this purchase <br />on behalf of the City. <br /> <br />Section 3. <br /> <br />Effective Date. This Resolution shall become effective upon its adoption. <br /> <br />Approval of Non-Binding Letter of Intent <br />(To Purchase Property at 215 19151 Terrace) <br />Legislation/Resolutions/Attorney <br />6/5/2003--ch <br />