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HomeMy WebLinkAboutR-01-10441 J-01-924 9/25/01 RESOL,UTION NO. `1 '�' 104 4 A RESOLUTION OF THE MIAMI CITY COMMISSION BY A FOUR-FIFTHS (4/5T111) AFFIRMATIVE, VOTE, RATT.FYING, APPROVING AND CONFIRMING THE CITY MANAGER'S LAND ACQUIS:ITI'ON POLICY FOR IIOMFOWNERSHIP AND COMPREHENSIVE REVITALI ZAt'ION PROJECTS IN THE COMMUNITY RFVTTALIZATION DISTRICTS, WHICH POLICY AUTHORIZES TIIE CITY MANAGER TO OFFER A PURCHASE PRICE OF UP TO FIFTEEN PERCENT (1 5 ) ABOVE, THE HIGHEST OF THE TWO APPRAISALS FOR PARCELS TO BE ACQUIRED; AND FURTHER REQUIRING THE CITY MANAGER TO OBTAIN CITY COMMISSION RATIFICATION AND APPROVAIa FOR. THE PURCHASE OF ANY PROPER'T'Y THAT EXCEEDS THE PURCHASE PRICE LIMITS ESTABLISHED BY SAID POLICY. WLiEREAS, the City Commission adopted the Five Year Consolidated Plan in the ].999 Lhat identified comprehensive .revicalization initiatives to be undertaken in the most depressed neighborhoods in the City of Miami; and WHEREAS, the Five Year Consolidated Plan identified Community Revitalization Districts to target- comprehensive revitalization projects focusing on homeownership opportunities and redevelopment of commercial corridors, which projects require the City too aggressively purchase rear property; and CITY COMMISSION MEETING OF �i�srolulfap 1�To. l` 0 • WHEREAS, Lo comply with the provisions contained in Resolution No. 01-160 to facilitate revitalization in the Model City Homeownership Zone, it was necessary for the City Manager to establish a policy that permits the City Manager_ to offer a purchase price of up to fifteen percent above the highest appraised value of real property, which is in compliance with the provisions set forth in U.S. HUD Handbook 1378, Section 5-2, Basic �ncquisition Policies (49 CFR 24.102) Administrative Settlement; and WHEREAS, it is appropriate for the City Commission to ratify and approve the Ci.ty Manager.'s land acquisition policy; 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. Section 2. By a four-fifths (4/5`"s) affirmative vote, the City Manager's land acquisiLion policy for homeownership and comprehensive revitalization projects in the community revitalization districts, which policy authorizes the City Manager to offer a purchase price of up to fifteen percent (15%) above the highest of the two appraisals for parcels to be acquired and is in compliance with policies established under U.S. HUD Handbook 1378, Section 5-2, Basic Acquisition Policies Page 2 of 3 c :�.-1044 1 • • (49 CFR 24.102)_ Administrative Settlement, is ratified, approved and confirmed. Section 3. The City Manager is required to obtain City Commission ratification and approval for the purchase of any property that exceeds the purchase price limits established by said policy. Section 4. This Resolution shall become effective immediate:Ly upon its adoption and signature of the Mayor.lj PASSED AND ADOPTED this 25th day of SeeP-tember _, 2001. JOE CAROLLO, MAYOR regarding Saw, wiiiiu::i i; i,. ; 9. ATTEST. - WALTER J. FOR N, CITY CLERK APPROVE S O FO�f AND CORRECTNESS:? ATD%@rVILARELLO ATTORNEY W5750:BSS ' If the Mayor does not sign this lzesolution, it shall, become effective at the end of cen calendar days from the date it was passed and adopted. :Cf. the Mavor vetoes this Resolution, it shall become effective immediately upon override. of the veto by the City Commission. Page 3 of 3 01):s1 —1..044