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2002-004 RESOLUTION NO. 2002-04 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA FLORIDA, AUTHORIZING THE SETTLEMENT OF EMINENT DOMAIN PROCEEDINGS CONCERNING THE ACQUISITION OF PROPERTY FOR THE CITY OF AVENTURA ELEMENTARY CHARTER SCHOOL; AUTHORIZING ACQUISITION OF THE PROPERTY; AUTHORIZING CITY MANAGER TO TAKE ALL NECESSARY ACTION TO IMPLEMENT THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Resolution No. 2001-39, the City Commission authorized the acquisition of the fee simple title to the property described therein (the "Property") for the purpose of establishing a City of Aventura Elementary Charter School; and WHEREAS, pursuant to Resolution No. 2001-39, the City instituted eminent domain proceedings (the "Litigation") in the Circuit Court for the Eleventh Judicial Circuit, Case No. 01-21867, City of Aventura vs. 3333 Aventura Realty Corp., et al; and WHEREAS, the City Manager and City Attorney have recommended that the Litigation be settled and that the acquisition of the Property by the City be favorably and successfully completed on the City's behalf; and WHEREAS, settlement of the Litigation includes acquisition of the Property at a price of Four Million Four Hundred Thousand Dollars ($4,400,000.00) and payment of costs and fees as approved by the City Manager; and WHEREAS, the City Commission finds that approval of the settlement of the Litigation and completion of the acquisition of the Property is in the best interest of the City. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Resolution No. 2002-04 Page 2 Section 1. Recitals Adopted. That the above stated recitals are hereby adopted and confirmed. Section 2. Settlement Approved. That settlement of the Litigation is hereby approved and the City Manager and City Attorney are authorized to execute and accept any necessary stipulations, orders or consents related to the settlement of the Litigation and the securing of a Final Judgment in the City's favor accomplishing the acquisition of the Property. Section 3, Acceptance of Property Authorized. That the City Manager and City Attorney are hereby authorized to execute and/or accept any contract, deeds or other instruments of conveyance, and any closing papers, which may be necessary to complete the acquisition of the Property for the City. Section 4. Implementation. That the City Manager is hereby authorized to take any and all action necessary for the implementation of the purposes of this Resolution. Section $. Effective Date. This Resolution shall be effective immediately upon adoption, subject to written certification by the City Attorney that all cost and fee issues affecting the City have been resolved. The foregoing Resolution was offered by Vice Mayor Rogers-Libert, who moved its adoption. The motion was seconded by Commissioner Holzberg, and upon being put to a vote, the vote was as follows: Commissioner Arthur Berger Commissioner Jay R. Beskin Commissioner Ken Cohen Commissioner Manny Grossman Commissioner Harry Holzberg Vice Mayor Patricia Rogers-Libert Mayor Jeffrey M. Pedow yes yes yes yes yes yes yes Resolution No. 2002.0__4 Page 3 PASSED AND ADOPTED this 17th day of January, 2002. ~AY~'R ATTEST: T~'I~I~SA M. S.,OR'~KA, CLTY CLERK APPROVED AS TO LEGAL SUFFICIENCY CITY A'I-I'ORNEY 3