Loading...
HomeMy WebLinkAboutR-01-1254J-01-993 11/14/01 CJ RESOLUTION N0. 0 A RESOLUTION OF THE MTAMT CITY COMMISSION AMENDING RESOLUTION NO. 00-579, APPROVING THE DESIGNATION OF PALMETTO HOMES OF MIAMI, INC. ("DEVELOPER") TO CONSTRUCT FIVE (5) NEW SINGLE FAMILY HOMES AFFORDABLE TO FAMILIES AND INDIVIDUALS OF VERY LOW, LOW AND MODERATE INCOME ON THREE (3) CITY -OWNED VACANT PARCELS IN THE MODEL CITY NEIGHBORHOOD, TO REFLECT A REDUCTION IN THE NUMBER OF HOUSING UNITS PLANNED FOR CONSTRUCTION ON THESE PARCELS, FROM FIVE (5) TO FOUR (4) HOMES; ALSO GRANTING A TWELVE (12) MONTH EXTENSION, FOR THE DEVELOPER TO COMPLETE CONSTRUCTION OF THE REMAINING THREE (3) SINGLE FAMILY HOMES PLANNED FOR CONSTRUCTION ON THESE PARCELS; AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH PALMETTO HOMES OF MIAMI, INC. FOR SAID PURPOSE. WHEREAS, Resolution No. 00-579, adopted July 11., 2000, approved the designation of Palmetto Homes of Miami, Inc. as developer to construct five new single family homes on three City -owned parcels located in the Model City neighborhood; and WHEREAS, pursuant to Resolution No. 00--579, the developer was required to complete construction on the parcels within twelve months from the date of conveyance by the City; and WHEREAS, the subject parcels were conveyed to the developer on December 28, 2000, subject to the incorporation of a reverter provision in the deed for each parcel, in the event the housing units were not constructed within twelve months from the date of conveyance; and WHEREAS, to date the developer has completed the construction of one new single family home, and now requires an extension of time to complete the remaining homes planned; and WHEREAS, as a result of the size of the homes planned, zoning and setback requirements imposed by the City and the configuration the parcels, the total number of new single family homes previously planned by the developer must be reduced from five (5) to four (4) housing units; and WHEREAS, HOME Program funds in the amount of $159,750 have been allocated by the City's Housing and Commercial Loan Committee to finance the construction of the remaining three (3) housing units planned; and WHEREAS, prior to the execution of the agreement between the City and the developer and the disbursement of HOME funds, Resolution No. 00-519 must be amended to correctly reflect that the number of housing units planned is reduced from five to four, and to grant twelve months extension for the developer to complete construction of the remaining three single family homes on these parcels; and Page 2 of 5 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 herein as if fully set forth in this Section. Section 2. Resolution No, 00-579, adopted July 11, 2000, is amended in the following particulars:'/ "RESOLUTION NO. 00-579 Section 2. The designation of Palmetto Homes of Miami, Inc., a for-profit corporation as developer to undertake the development of five four (9) new single family homes affordable to very low, low and moderate income families and individuals on the following three (3) vacant city -owned parcels located in the Model City neighborhood, Miami, Florida is hereby approved: PARCEL NO. PROPERTY ADDRESS LOT SIZE LEGAL DESCRIPTION 02-62 1532 N. W. 41 Street 50 X 100 Cedar Hurst Sub. PB: 11-18, Lot 5. 02-60 1560 N. W. 51 Street 50X 112 Fair Haven Gardens PB: 6-76, Lot 9 Block 2 0270 946 N. W. 45 Street 160 X 107 Taylors Sub. P13: 24-65 Lots 7, 8 & 9 Block 1 Section -4-3. The conveyance of the parcels at no cost to the Developer, pursuant to the policy established in the Five (5) Year 11 Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. Page 3 of 5 u' 4, 0 0 Consolidated Plan (1999-2004), is hereby authorized subject to 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) completing construction on the parcels within twelve (12) twenty-four (24) months from the date of conveyance to the Developer by the City, (4) complying with other terms and conditions, including reverter provisions for each parcel, as deemed appropriate by the City Manager and City Attorney, and (5) providing the administration with a status report concerning the title to the parcels within ninety (90) days from the date of conveyance. Section -5 4. The City Manager is hereby authorized to execute all necessary document(s), in a form acceptable to the City Attorney, for said purpose. Section -6-5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. Section 3. The City Manager is hereby authorized? to execute the necessary documents, in a form acceptable to the City Attorney, for said purpose. Section 2. This Resolution shall become effective immediately upon its adoption and signature of the Mayo.r.3/ 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. 3 If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 4 of 5 ;. . .11; �) �: 0 E PASSED AND ADOPTED this 15th day of November 1 2001. JOE CAROLLO, MAYOR In acrerdw)c-cl vM:' flic U-iAinr d!l, not 0010 t)y pi,��cn or vhtI5 n/f sarne, a ATTEST: ciiy clork WALTER J. FOEMAN CITY CLERK APPROVED,=KS W FORM AND CORRECTNESS: NWO VILAREL ATTORNEY W5809:LB Page 5 of 5 IL TO PRO.,? CITY OF MIAMI, FLORIDA POCKET ITEA4 � INTER -OFFICE MEMORANDUM Honorable Mayor Carollo and Members of the City Commission Arthur E. Teele, Jr, Commissioner GATE November 15, 20Q1 FILE suaJECT: Pocket item, Palmetto Homes request for extension on City of Miami deed REF�"r3=�1Cc5 By this memorandum, I am respectfully requesting to discuss the following resolution as a Pocket item; RESOLUTION OF THE CITY OF MIAMI AMENDING RESOLUTION NO 00`579. BY DECREASING THE NUMBER OF UNIT APARTMENTS TO BE BUILT BY PALMETTO HOMES FROM 5 TO NOW 4, AND FURTHER EXTENDING THE DEED WITH THE CITY OF MIAMI FOR ONE YEAR TO EXPIRE ON DECEMBER 28, 2002. Thank you. Cc: Alejandro Vilarello, City Attorney Wafter Foeman. City Clerk 11 1 YIt.`�'