RE.14 - A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE CITY MANAGER TO NEGOTIATE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI (“CITY”) AND NEXUS INVESTORS, LLC, A FLORIDA LIMITED LIABILITY COMPANY (“SELLER”), FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 3021 WEST FLAGLER STREET, MIAMI, FLORIDA, FOLIO NUMBER 01-4104-020-1700 ("PROPERTY"), FOR A PURCHASE PRICE OF SIX HUNDRED SEVENTY-FIVE THOUSAND AND 00/100 DOLLARS ($675,000.00); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ACQUISITION; ALLOCATING FUNDS FROM OFFICE OF CAPITAL IMPROVEMENTS ("OCI") PROJECT NO. 40-B213414A, DISTRICT 4 AFFORDABLE HOUSING LAND ACQUISITION, IN AN AMOUNT NOT TO EXCEED SEVEN HUNDRED FORTY-EIGHTY THOUSAND, TWO HUNDRED TEN AND 00/100 DOLLARS ($748,210.00), TO C...
November 19, 2026