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Home My WebLink AboutR-03-0215J-03-178 2/27/03 -33 - 215 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CONVEYANCE OF TWO CITY -OWNED VACANT PARCELS LOCATED IN THE ALLAPATTAH NEIGHBORHOOD TO ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC. AS DEVELOPER, AT NO COST, FOR THE DEVELOPMENT OF TWO NEW SINGLE-FAMILY HOMES FOR FAMILIES AND INDIVIDUALS OF LOW AND MODERATE -INCOME, THE HEREIN AUTHORIZATION IS CONTINGENT UPON THE DEVELOPER: (1) AGREEING TO PAY THE COST OF ELIMINATING ALL TITLE DEFECTS EXISTING ON THE PARCELS, (2) PROVIDING EVIDENCE ACCEPTABLE TO THE CITY OF FIRM COMMITMENTS FOR PROJECT CONSTRUCTION AND PERMANENT FINANCING FOR PURCHASE BY QUALIFIED LOW AND MODERATE -INCOME HOMEBUYERS, (3) COMMENCING CONSTRUCTION WITHIN TWELVE MONTHS FROM THE DATE OF CONVEYANCE BY THE CITY, (4) COMPLYING WITH OTHER TERMS AND CONDITIONS, INCLUDING PARCEL REVERTER PROVISIONS, AS DEEMED APPROPRIATE BY THE CITY MANAGER AND THE CITY ATTORNEY, AND (5) PROVIDING THE ADMINISTRATION WITH A STATUS REPORT CONCERNING THE TITLE TO THE PARCELS WITHIN NINETY DAYS FROM THE DATE OF CONVEYANCE; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, a severe shortage of affordable housing exists in the City of Miami ("City") for families and individuals in the low and moderate -income range; and CITY COMIMIISSION METING OF FED 2 7 7003 Res61u'tion NO. 03- 215 WHEREAS, pursuant to Resolution No. 99-429, adopted July 22, 1999, the City Commission approved the City's proposed Five -Year Consolidated Plan (1999-2004) ("Plan") for submission to the United States Department of Housing and Urban Development including, as a major component of the Plan, a housing strategy designed to facilitate the annual creation of 1,000 new homeownership units for purchase by very low, low and moderate -income families; and WHEREAS, the two parcels are vacant City -owned properties located at 790 Northwest 29th Terrace and 2374 Northwest 33rd Street, Miami, Florida, and the development plan proposed by Allapattah Business Development Authority, Inc. ("Developer") conforms to the Plan; and WHEREAS, Section 29-B of the City Charter, as amended, allows for the conveyance or disposition of City -owned property in connection with the implementation of City -assisted housing programs or projects intended to benefit persons or households of low or moderate -income without competitive bidding requirements and fair market value return to the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Page 2 of 4 03- 215 Section 2. The conveyance of two City -owned parcels located at 790 Northwest 29th Terrace and 2374 Northwest 33rd Street, Miami, Florida, at no cost to the Developer for the development of two new single-family homes for families and individuals of low and moderate -income is authorized. Section 3. The herein authorization is contingent upon the Developer (1) agreeing to pay the cost of eliminating all title defects existing on the parcels, (2) providing evidence acceptable to the City of firm commitments for project construction and permanent financing for purchase by qualified homebuyers, (3) commencing construction within twelve months from the date of conveyance by the City, (4) complying with other terms and conditions, including parcel reverter provisions, as deemed appropriate by the City Manager and the City Attorney, and (5) providing the administration with a status report concerning the title to the parcels within ninety days from the date of conveyance. Section 4. The City Manager is further authorized!' to execute all necessary documents, in a form acceptable to the City Attorney, for said purpose. �i The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. Page 3 of 4 03- 215 Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayoral PASSED AND ADOPTED this 27th day of February , 2003. ATTEST: PRISCILLA A. TH MPSON CITY CLERK APPROVED AS TO RM VILARELLO ITY TORNEY 968:tr:AS:BSS AND CORRECTNESS tl ate AANUEL A. DIAZ, MA If the Mayor does not sign this Resolution, effective at the end of ten calendar days from passed and adopted. If the Mayor vetoes this shall become effective immediately upon override the City Commission. Page 4 of 4 it shall become the date it was Resolution, it of the veto by 03- 215 FEB -20-2003 1733 CITY hS OFFICE TO FROM CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM The Honorable M. pAkand Me rs of Th i mmis ' n C) fi RECOMMENDATION: 14 B DATE: FEB 20 2 F'Ls Conveyance of City -owned 3UEL.=T : parcels to Allapattah Business Development Authority, Inc. REFERENcEs : City Commission Agenda Er+rcxosuaes: February 27, 2003 It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the conveyance of two (2) City -owned vacant parcels located in the Allapattah neighborhood to Allapattah Business Development Authority, Inc., a not-for-profit corporation, as Developer at no cost for the development of two (2) new single-family homes affordable to families and individuals of low and moderate income; and Rather authorizing the City Manager to execute all necessary document(s), in a form acceptable to the City Attorney, subject to applicable City Code provisions. BACKGROUND: Allapattah Business Development Authority, Inc., a not for profit corporation, proposes to develop two (2) new single-family homes affordable to families and individuals of low and moderate income pursuant to the policy established in the City of Miami's Five (S) Year Consolidated Plan (1999-2004) (Plan) on two (2) vacant City -owned parcels (Parcels), identified below, located in the Allapattah neighborhood. 790 NW 29 Terrace 2374 NW 33 Street On February 13, 2003, the City Commission directed the City Manager to bring a resolution for the transfer of the Parcels to Allapattah Business Development Authority, Inc. to the February 27, 2003 City Commission Meeting. City Commission approval of this action would be subject to and contingent upon Allapattab Business Development Authority, Inc.: 1) agreeing to pay the cost of eliminating all title defects eacistmg on the parcels, 2) providing evidence acceptable to the City of firm commitments for project construction and permanent financing for purchase by qualified homebuyers, 3) commencing construction within twelve (12) months from the date of conveyance by the City, 4) complying with other terms and conditions, including parcel reverter provisions, as deemed appropriate by the City Manager and the City Attorney, and 5) providing the administration with a status report concerning the title to the parcels within ninety ('Lk) days from the date of oonveyanaa. 03- 215 FEB -20--2003 17*33 CITY IPNPGER'S OFFICE 305 416 1019 P.62/06 Allapattah Business Development Authority, Inc. is required to commence construction on the City -owned parcels within twelve (12) months from the date of conveyance by the City or said parcels will revert back to the City. It is recommended that the City Commission authorize the conveyance of the two (2) City - owned vacant parcels located in the Allapattah neighborhood to Allapattah. Business Development Authority, Inc. at no cost for the development of two (2) new single-family homes affordable to families and individuals of low income and subject to the provisions listed above, and Rusher authorize the City Manager to execute all neomsary document(s), in. a form acceptable to the City Attorney, subject to applicable City Code provisions. Thep oposed Resolution does not have a budgetary Impact on the General Fund. LOT NHUBGR 03- 215