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Agenda Item # 9.b.
City Commission Regular Meeting
Meeting Date:
03/16/2015
Re
411 Avenue B
Submitted For:
Peggy Arraiz

SUBJECT:

Request to reduce Code Enforcement Lien in the amount of $226,800.00 against 411 Avenue B currently owned by Interamerican Bank FSB, 9190 Coral Way, Miami, FL 33165 to $2,268.00 payable in 60 days.

SUMMARY:

The current property owners are requesting the City Commission to waive $224,532.00 leaving a balance of $2,268.00 due.  The Special Magistrate recommends approving the reduction to $2,268.00 payable in 60 days.

RECOMMENDATION:

Recommendation is based on:
  1. On receipt of notice of violation the bank worked closely with Kristie Kirstein of the building department to resolve the demolition issue.  The property was demolished, sodded, and brought back to a safe condition.
  2. The bank has assigned a new REO personnel to oversee the bank owned property and handle any matters pertaining to the bank.

ALTERNATIVES:

  1. Deny the request.
  2. Make an alternative recommendation.

RESPONSIBLE STAFF:

Colleen Greer, Executive Secretary.

COORDINATED WITH:

Margaret Arraiz, Code Compliance Manager.

Fiscal Impact

Budgeted Y/N:
2015
Fiscal Year:
Account:
Amount:
2,268.00

OTHER INFORMATION:

$2,268.00 to the general fund.

Attachments

Form Review

Inbox Reviewed By Date
City Manager rbradshaw 03/10/2015 10:11 AM
Form Started By:
cgreer
Started On:
02/24/2015 10:59 AM
Final Approval Date:
03/10/2015