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045(b), Florida Statutes, titled "Proposed Purchase of Real Property by Municipality; Confidentiality of Records; Procedure, for each purchase in an amount in excess of $500,000.00, the governing body shall obtain at least two (2) appraisals by appraisers approved pursuant to

025, Florida Statutes. The City obtained two (2) appraisal reports from licensed State of Florida certified appraisers. Funding for the acquisition shall not exceed One Million Seventy-Seven Thousand Dollars ($1,077,000.00) with funds being allocated, appropriated, and awarded from the District 3 Park Enhancements and Expansion capital project funds, to cover the cost of said acquisition, inclusive of the cost of surveys, environmental reports, title insurance, securing the property, demolition, project signage and all related closing costs associated with said acquisition, in accordance with the terms and conditions of the Agreement. Budget Impact Analysis Item is an Expenditure Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $1,077,000.00 Reviewed By Department of Real Estate and Asset Management David Pivovarov Department Head Review Completed 06/01/2026 10:51 AM Office of Management and Budget Mabel Betancourt Budget Analyst Review Skipped 06/01/2026 11:39 AM Office of Management and Budget Lai-wan McGinnis Budget Analyst Review Completed 06/02/2026 9:05 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 06/02/2026 10:21 AM Office of Management and Budget Marie Gouin Budget Review Completed 06/02/2026 5:02 PM City Manager’s Office Erica T. Paschal Assistant City Manager Completed 06/02/2026 6:03 PM Office of the City Attorney James Brako ACA Review Completed 06/02/2026 6:06 PM City Manager’s Office Natasha Colebrook-Williams Approved on behalf of the City Manager Completed Office of Management and Budget Leon P Michel Budget Review Completed 06/02/2026 10:23 PM Office of the City Attorney Xavier Alban Deputy Attorney Review Completed 06/02/2026 10:27 PM Office of the City Attorney George K. Wysong III Approved Form and Correctness Completed 06/02/2026 10:31 PM City Commission Todd B. Hannon Meeting Pending 06/11/2026 9:00 AM City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City of Miami Legislation Resolution File Number: 19395 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BY A FOUR-FIFTHS (4/5THS) AFFIRMATIVE VOTE, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A PURCHASE AND SALE AGREEMENT (AGREEMENT), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI (CITY) AND PRIVATE LENDER, LLC, A FLORIDA LIMITED LIABILITY COMPANY (SELLER), FOR THE ACQUISITION OF REAL PROPERTY IDENTIFIED AS FOLIO NUMBER(S) 01- 4103-008-0710 AND 01-4103-008-0700, LOCATED AT 2013 NORTHWEST 4 STREET AND 410 NORTHWEST 20 AVENUE, MIAMI, FLORIDA (PROPERTY), FOR A PURCHASE PRICE OF NINE HUNDRED THOUSAND AND 00/100 DOLLARS ($900,000.00); 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; FUNDING FOR THE ACQUISITION SHALL NOT EXCEED ONE MILLION, SEVENTY-SEVEN THOUSAND, AND 00/100 DOLLARS ($1,077,000.00) TO COVER THE COST OF SAID ACQUISITION, INCLUSIVE OF THE COST OF SURVEYS, ENVIRONMENTAL REPORTS, TITLE INSURANCE, SECURING THE PROPERTY, DEMOLITION, PROJECT SIGNAGE AND ALL RELATED CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT; FURTHER AUTHORIZING AND DIRECTING THE CITY MANAGER TO PREPARE AND SUBMIT ONE OR MORE APPLICATIONS FOR A FUTURE LAND USE MAP AMENDMENT AND REZONING AS NECESSARY TO DESIGNATE TO PARKS AND RECREATION ON THE CITY'S ADOPTED FUTURE LAND USE MAP (FLUM) OF THE MIAMI COMPREHENSIVE NEIGHBORHOOD PLAN (MCNP) AND CS TRANSECT ZONE ON THE CITY'S ADOPTED ZONING ATLAS (ZONING ATLAS) OF THE MIAMI 21 ZONING CODE (ORDINANCE NO. 13114 OF THE CITY OF MIAMI, FLORIDA, AS AMENDED) (MIAMI 21 CODE), UPON THE ACQUISITION BY THE CITY; REALLOCATING FUNDS, IN THE TOTAL AMOUNT OF ONE MILLION, SEVENTY-SEVEN THOUSAND, AND 00/100 DOLLARS ($1,077,000.00) (“FUNDS”) FROM CERTAIN PROJECT(S) IN THE CITY OF MIAMI’S (“CITY”) FISCAL YEAR 2025-26 MULTI-YEAR CAPITAL PLAN ADOPTED ON SEPTEMBER 25, 2025, PURSUANT TO RESOLUTION NO. R-25-0412, AS AMENDED ("CAPITAL PLAN”), AND RE-APPROPRIATING SAID FUNDS TO CURRENT AND/OR FUTURE CAPITAL PROJECTS, ALL AS SET FORTH IN EXHIBIT “A,” ATTACHED AND INCORPORATED; THE USE, ALLOCATION, AND APPROPRIATION OF FUNDS IDENTIFIED HEREIN, ARE SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS, INCLUDING, BUT NOT LIMITED TO CITY ATTORNEY APPROVAL; FURTHER APPROVING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY’S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, MULTI-YEAR CAPITAL PLAN, AND ANY OTHER DOCUMENTS AS NECESSARY AND APPLICABLE, PURSUANT TO THE PROVISIONS OF THIS RESOLUTION; RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND DESIGNATED CITY DEPARTMENTS IN ORDER TO UPDATE THE CAPITAL PLAN, RELEVANT FINANCIAL CONTROLS AND COMPUTER SYSTEMS IN CONNECTION THEREWITH, FOR PROJECT CLOSE-OUTS, AND FOR GRANTS AND OTHER FUNDING SOURCES IN PROGRESS IN CONNECTION HEREWITH; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Miami (City) wishes to acquire real property identified as folio number(s) 01-4103-008-0710 and 01-4103-008-0700, located at 2013 Northwest 4 Street and 410 Northwest 20 Avenue, Miami, Florida ("Property"); and WHEREAS, Private Lender, LLC, A Florida Limited Liability Company (Seller) has agreed to enter into a Purchase and Sale Agreement (Agreement), with the City to sell the Property for a purchase price of Nine Hundred Thousand Dollars ($900,000.00) (“Purchase Price”); and WHEREAS, pursuant to

045(b), Florida Statutes, titled Proposed Purchase of Real Property by Municipality; Confidentiality of Records; Procedure, for each purchase in an amount in excess of Five Hundred Thousand and 00/100 Dollars ($500,000.00), the governing body shall obtain at least two (2) appraisals by appraisers approved pursuant to

025, Florida Statutes; and WHEREAS, the City obtained two (2) appraisal reports from licensed State of Florida certified appraisers; and WHEREAS, funding for the acquisition shall not exceed One Million, Seventy-Seven Thousand and 00/100 Dollars ($1,077,000.00) to cover the cost of said acquisition, inclusive of the cost of surveys, environmental reports, title insurance, securing the property, demolition, project signage and all related closing costs associated with said acquisition, in accordance with the terms and conditions of the Agreement; and WHEREAS, except for such changes as set forth herein, all previous appropriations remain authorized to continue as previously approved City of Miami (“City”) capital projects (new, revised, and continued projects collectively, “Projects”) according to the Fiscal Year 2025- 2026 Multi-Year Capital Plan adopted on September 25, 2025, pursuant to Resolution No. R-25- 0412 (“Capital Plan”), as amended; and WHEREAS, it is now necessary to reallocate funds in the total not to exceed amount of One Million, Seventy-Seven Thousand and 00/100 Dollars ($1,077,000.00) (“Funds”) from certain project(s) in the City’s Capital Plan, and re-appropriating said Funds to current and/or future capital projects, all as set forth in Exhibit “A,” attached and incorporated;