Professional Documents
Culture Documents
ISSUED ON
_________________, 2014
FOR SALE OF THE
PROPERTY LOCATED AT
1401 NORTH MIAMI AVENUE
MIAMI, FLORIDA
Further Information:
TABLE OF CONTENTS
I.
II.
III.
Exhibit A
Exhibit B
Exhibit C
Property Description
Instructions to Bidders
Bid Form
Legal Description of Property
Purchase and Sale Agreement
Restaurant Lease
I
PROPERTY DESCRIPTION
The OMNI Community Redevelopment Agency (Omni) is soliciting bids for the sale
of the real property (Property) located at 1401 N. Miami Avenue, Miami, Florida
more particularly described in Exhibit A attached hereto and made a part hereof.
Property Profile:
Total Size:
Zoning:
Access/Frontage:
The general boundaries of the neighborhood extend North from 13th
Street to 20Th Street and west from NW 1st Place to N. Bayshore Dr. The
neighborhood is further intersected by the I-395 elevated expressway.
Biscayne Blvd and N. Miami Ave is a major north-south traffic artery
though the neighborhood.
The Property is centrally located in Miami within an older neighborhood
which is over 50% developed.
The Property is Corner Lot of NE 14th Street and N. Miami Ave in shape
with a (NUMERICAL LENGTH) ft. frontage along (STREET) and is 136
linear ft. in depth on N. Miami Ave.
It is conveniently located in the NE sector of the City of Miami, within
the residential neighborhood known as Media Entertainment District.
This is a close-in residential and commercial area immediately North of
the City of Miami central business district.
General Information:
The Property is being offered for sale "as is". No representations or warranties
of any kind or nature as to its condition or the occupancy which may be made
thereof are made. Omnis purpose in soliciting Bids is to realize its vision of
integrating the Property into the existing development of the area. In this regard,
Omni shall evaluate the narrative included in each Bid describing the proposed use
and shall weigh responses in addition to the Bid prices.
Bidders should note that there is currently a Lease on the Property for the first
floor, approximately 5,400 square feet. The build-out of the restaurant has not
begun, thus if interested, the successful Bidder could negotiate with the current
Lessee to buy the Lease, thereby having the right to operate the first floor area.
In addition, Bidders must note that acquisition of the Property is subject to a lease
for One Dollar ($1.00) per year in Omnis favor, authorizing Omni to occupy
approximately 5,200 square feet of the second floor of the Property until Omni
sunsets in October 2030. The Parties shall enter into the lease contemporaneously with
the execution of a Purchase and Sale Agreement.
II
INSTRUCTIONS TO BIDDERS
Bid Submission: Bidders must complete, acknowledge and submit their Bid in
accordance with the instructions set forth herein. Additional documentation which
is to be submitted by the Bidder in accordance with the Bid, if any, should be
attached to the completed form.
Bid Due Date: Whether forwarded by mail or personally delivered, the Bid envelope
must be received by the OMNI Community Redevelopment Agency, 1401 N. Miami
Avenue, Second Floor, Miami, Florida 33136, by (TIME AM/PM) on (DAY OF
WEEK), (DUE DATE). Untimely submissions, or submissions delivered to another
location, will not be accepted. Bids shall be in a sealed envelope and shall contain
the following information on the face of the envelope:
BID FROM: __________________________
Name
__________________________
Address
__________________________
OFFER TO PURCHASE CITY PROPERTY LOCATED AT
1401 N. Miami Avenue, Second Floor, Miami, Florida 33136
DUE DATE: ___________ TIME: ____________
Signature of Bidder: Bidders must sign the Bid Document in the space provided for
signature. If the Bidder is a partnership, the word "Authorized General Partner"
shall appear after the signature of the partner. Proof of authority of the partner
executing the Bid on behalf of the partnership shall be attached to the Bid Form. If
the Bidder is a corporation, the required signature will be of the President or Vice
President or Chief Executive Officer with the official corporate seal affixed thereto.
Rejection of Bid: Omni reserves the right to accept any responsive and responsible
Bid, waive any irregularities in any Bid, to cancel all invitations to Bid before Bid
opening, to reject any or all Bids after Bid opening and/or to readvertise for Bids.
Withdrawal of Bid: Any Bid may be withdrawn for any reason prior to the final
time for receipt of Bids. Any Bidder who withdraws his/her Bid after the final time
for receipt of Bids will forfeit his/her Bid Deposit which will become Omnis
property, and the Bidder waives all claims with respect thereto.
Bid Deposit: All Bids must be accompanied by a Bid Deposit as a guarantee in the
form of a certified check, cashier's check, official bank check or money order made
2)
3)
Bidder (Purchaser) shall pay all costs Omni incurs in the sale
of the Property by cashier's check or certified check at
Closing. The Bidder (Purchaser) shall not be responsible for
the cost of recording any corrective instrument which may be
required to convey clear title or for the cost of any certified,
confirmed and ratified special assessment liens as of the date
of the Purchase and Sale Agreement. The costs Omni incurs in
connection with the sale will not exceed Twenty Five
Thousand dollars ($25,000). Additionally, the Bidder
(Purchaser) shall be required to reimburse Omni for the
actual cost of the land survey and appraisals of the Property
in the amount of Twenty Five Thousand dollars ($25,000).
4)
5)
Interpretation of Bid Documents: Each Bidder shall thoroughly examine the Bid
Documents and judge for him/herself all matters relating to the conditions and
requirements of this ITB. Bidders are invited to request clarification of any of the
requirements or conditions expressed herein prior to submission of his/her Bid by
writing t0 Pieter A. Bockweg 1401 N. Miami Avenue, Second Floor, Miami, Florida
33136 or by contacting via telephone at (305) 679-6868.
Acceptance Process. The Bidder submitting the Bid which the Executive Director
will recommend to the Omni Board will receive written notice (Notice) advising
him/her of the time and place for establishing the terms of a Purchase and Sale
Agreement (Agreement), a template of which is attached hereto as Exhibit B. The
Omni Board must expressly authorize the Executive Director to execute the
Agreement for purposes of consummating the transaction. No Bid shall be deemed
binding until such time as the Purchase and Sale Agreement is fully executed by the
parties and approved by the Omni Board.
III
BID
TO:
1.
The undersigned hereby makes a Bid for the purchase of the Property from
the Omni Community Redevelopment Agency, located at 1401 N. Miami
Avenue, Miami, Florida 33136.
2.
3.
The undersigned understands that Omni reserves the right to reject any and
all Bids at any time, for any reason, prior to the execution of a Purchase and
Sale Agreement.
_________________________ Bidder's Initials.
4.
The undersigned understands that this Bid is a firm offer and that upon
notice from the Executive Director Manager that he will recommend the Bid
to the Omni Board, which notice shall be mailed to the undersigned at the
address stated below, the undersigned will, within fifteen (15) days after
receipt of such notice, execute a Purchase and Sale Agreement. The
undersigned further acknowledges that in the event the undersigned
withdraws his/her Bid after the Bid Due Date ((TIME AM/FM AND
DATE)) or if the Bidder fails to execute a Purchase and Sale Agreement
within the time frame set forth above, Omni shall keep the Bid Deposit as
liquidated damages and not as a penalty.
_________________________ Bidder's Initials.
5.
The undersigned understands that Omni shall return all Bid Deposits,
except those of the three (3) highest responsible and responsive Bidders
within approximately ten (10) business days after the Executive Directors
mailing of the Notice to the winning Bidder, and that the Bid Deposits of the
three (3) highest responsible and responsive Bidders, except that of the
Bidder whose Bid is accepted by the Executive Director, will be returned
within approximately ten (10) business days from that date of execution by
the Bidder (Purchaser) and Omni of the Purchase and Sale Agreement. The
undersigned further understands that if he/she is the successful Bidder,
Omni will retain the Bid Deposit and credit it towards the purchase price.
_________________________ Bidder's Initials.
6.
The undersigned understands that if this Bid is accepted and Omni and the
Bidder enter into an Agreement for Purchase and Sale, the Bidder
(Purchaser) must within five (5) days of the date the parties execute the
Purchase and Sale Agreement, deposit with the Escrow Agent a sum which
when added to the Bid Deposit will represent 10% of the Purchase Price,
which sum will be retained in escrow and will be part of the Purchase Price.
_________________________ Bidder's Initials.
7.
8.
The undersigned represents that this Bid is made in good faith without fraud
or collusion, and that the undersigned has not entered into any agreement
with any other Bidder or prospective Bidder or with any other person, firm or
corporation relating to the purchase price stated in this Bid or in any other
Bid, nor any agreement or arrangement under which any person, firm or
corporation is to refrain from Bidding, nor any agreement or arrangement for
any act or omission in restraint of free competition among Bidders. The
undersigned agrees to hold harmless, defend and indemnify Omni for any
noncompliance by the undersigned with the aforementioned representations
or with the antitrust laws of the United States and of the State of Florida.
_________________________ Bidder's Initials.
9.
The undersigned understands that the Omni Board must expressly authorize
the Executive Director to execute the Purchase and Sale Agreement for
purposes of consummating the transaction. No Bid shall be deemed binding
until such time as the Purchase and Sale Agreement is fully executed by the
parties and approved by the Omni Board.
_________________________ Bidder's Initials.
10.
INDIVIDUAL
____________________________
Signature of Bidder
______________________________
Address
____________________________
Print Name of Bidder
______________________________
STATE OF FLORIDA
)
) SS
COUNTY OF _______
)
The foregoing instrument was acknowledged before me this _____ day of
_______________, 2014 by ___________________________ (name of person
acknowledging) who is personally
known to me or who has produced
____________________________ (type of identification) as identification and who did
(did not) take an oath.
____________________________
Signature of Notary Public
____________________________
Print Name
____________________________
Commission No.
10
PARTNERSHIP
____________________________
Signature of Bidder
______________________________
Address
____________________________
Print Name of Bidder
______________________________
STATE OF FLORIDA
COUNTY OF _______
)
) SS
)
11
CORPORATION
Corporation is incorporated in the State of _________________
President
_____________________
Vice President _____________________
Secretary
_____________________
Treasurer
_____________________
Place of business is in __________________________________
____________________________
Signature of President,
Vice President or CEO
______________________________
Address
____________________________
Print Name and Title
______________________________
(Corporate Seal)
ATTEST:
_______________________
Secretary
_______________________
Print Name
STATE OF FLORIDA
COUNTY OF _______
)
) SS
)
12
EXHIBIT A
13
EXHIBIT B
PURCHASE AND SALE AGREEMENT
14