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<br />herein by reference. <br /> <br />Section 2. Approval of Option Agreement. The City Commission of the City of Sunny Isles <br />Beach, Florida, hereby approves the Option Agreement, in substantially the same form as the <br />attached Exhibit "A", for the purchase of real property of approximately 20,550 square feet located <br />along the south side of NE 175th Terrace, Sunny Isles Beach, Florida, for $1,650,000.00 with an <br />option deposit of $25,000.00 for a 90-day option, which deposit shall be applied to the purchase <br />price if the City proceeds to purchase the property. <br /> <br />Section 3. Authorization of Mayor. The Mayor is hereby authorized to execute said Option <br />Agreement, in substantially the same form as the attached Exhibit A". <br /> <br />Section 4. Authorization of City Manager and City Attorney. The City Manager and the City <br />Attorney are hereby authorized to do all things necessary to effectuate this Resolution. <br /> <br />Section 5. <br /> <br />Effective Date. This Resolution shall become effective upon adoption. <br /> <br />PASSED AND ADOPTED this 15th day of November 2007. <br /> <br /> <br />, , <br /> <br /> <br />'~I+~ <br /> <br />, , ,Jane A. Hines".~N1C, City Clerk <br /> <br />. ~ ". , <br /> <br /> <br />Moved by: V\ CA ffifl.!jDY'" 1H tlrl-fR <br /> <br />I <br /> <br />Seconded by: CoVY\~ ICoLCCS, t'TS <br /> <br />Vote: 5-D <br /> <br />Mayor Norman S. Edelcup <br />Vice Mayor Lewis Thaler <br />Commissioner Roslyn Brezin <br />Commissioner Gerry Goodman <br />Commissioner Danny Iglesias <br /> <br />~(Yes) <br />V (Yes) <br />V (Yes) <br />~(Y es) <br />V (Yes) <br /> <br />_(No) <br />_(No) <br />_(No) <br />(No) <br />_(No) <br /> <br />Resolution Approving Avila Option Agreement <br /> <br />Page 2 of2 <br />