HomeMy WebLinkAboutR-00-0345J-00-353
4/17/00
RESOLUTION NO. 6 r 3
4 1`51
A RESOLUTION OF THE MIAMI CITY COMMISSION,
WITH ATTACHMENT(S), AUTHORIZING THE CITY
MANAGER TO EXECUTE A MEMORANDUM OF AGREEMENT,
IN A -FORM ACCEPTABLE TO THE CITY ATTORNEY,
BETWEEN THE CITY,OF MIAMI, MIAMI RIVER PARK
ASSOCIATES, LTD. AND THE STATE OF FLORIDA'S
DIVISION OF HISTORIC RESOURCES, TO ALLOW FOR
THE CONSTRUCTION OF THE PROPOSED MIAMI RIVER
PARK APARTMENTS PROJECT IN ACCORDANCE WITH
THE PROVISIONS OF SECTION 106 OF THE NATIONAL
HISTORIC PRESERVATION ACT OF 1966, AS
AMENDED.
WHEREAS, Resolution No. 9871210.1, adopted December 8, 1998,
allocated $500,000 in FY' 1998-99 Home Investment Partnership
("HOME") Program funds to Miami River Park Associates, Ltd. in
connection with the financing of an affordable rental housing
project known as the Miami River Park Apartments within the
a
Lummus Park neighborhood; and
WHEREAS, Resolution No. 00-128, adopted February 10, 2000,
allocated an additional $175,000 in Home Program funds and
$2,300,000 in Housing Opportunities for Persons with AIDS (HOPWA)
Program to the developer to further assist in financing the
proposed affordable housing project; and
Co Hi A � Il ED
CITY COMMSSION
MEETING OF
APR 2 7 2000
Resolution No..
U'`G.
v��
WHEREAS, since the project site include seven (7) historic
structures and the project was allocated federal funding, the
City is obligated to determine the effect of the project on
certain properties listed or eligible for listing in the National
Register of Historic Places, pursuant to the provisions of
Section 106 of the National Historic Preservation Act of 1966, as
amended; and
WHEREAS, it has been determined that the project will have
an adverse effect on the Lummus Park Historic District, which is
eligible for the National Register; and
WHEREAS, through a consultation process with the City, the
developer, the State of Florida's Division of Historical
Resources and local preservation groups, certain avoidance and
mitigation options were discussed and a plan was developed that
would minimize the adverse effect on the historic structures
located on the project site; and
WHEREAS, in order to move the construction on the proposed
affordable housing project forward and to ensure that the
stipulations agreed upon by all of the aforementioned parties are
implemented, it is necessary that a Memorandum of Agreement be
Page 2 of 4 413)
entered into between the City, Miami River Park Associates, Ltd.,
and the State of Florida's Division of Historical Resources;
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 hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The City Manager is hereby authorizedl� to
execute a Memorandum of Agreement, in a form acceptable to the
City Attorney, between the City of Miami, Miami River Park
Associates, Ltd. and the Florida State's Division of Historical
Resources acting through the Florida State Historic Preservation
Officer, to allow for the construction of the Miami River Park
Apartments in accordance with the provisions of Section 106 of
the National Historic Preservation Act of 1966, as amended.
�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
•
•
Section 3. This Resolution shall become effective
immediately upon its adoption and signature of the Mayor./
PASSED AND ADOPTED this 27th day of April , 2000.
RRECTNESS�
FT
RO VILARELLO
TORNEY
O:RCL
CARO-, MAYOR
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.
( RJ1
Page.4 of 4
?./ 30,'200a 13: T5 , 3, 7-1 aK, GROOVE PP -GE 02
MEMORANDUM OF AGREEMENT
AMONG NUAMI RTVER P.4 tK AS.S�OCIATES, LTD.,
FLORIDA STATE HISTORIC PRESERVATION OFFICER, A" THE CllTV OF
NU ANTI. REGARDING THE WAMI RIVER PARK APARTN NTS
Vb'HEREAS. the City of Miami (Ciry) through funding provided by the Federal
HOME Program and the Federal HOPA'A Program proposes to provide financial
assistance to Miami River Park Associates. Ltd. (MRPA) for an affordable' reaW housing
development_ kno,,ym as the Miami River Part: Apartments (hereafter referred to as the
Project). within Miami -Dade County and the City_ of Miami. Florida as shown on the
map entitled "Project Map" and attached hereto as Appendix I:
WHEREAS_ pursuant to 36 CFR Part 800. implementing Section 106 of the
tiationa.l Historic Presen-ation Act (16 U. S.C: 470f). and in consuhation with the Florida
State Eiistoric Preservation Officer (hereafler referred to as Florida SHPO). the City. local
preservation groups. and members of the public. the aforementioned parties have
determined the following:
* An area of potential effect (APE) for the Project. as defined in 36 CFR
800.2(c) is as described in a document entitled "Section 106 Documernation
and Effects Detemination.- dated January 2000. attached hereto as Appendix
and as shown on the 'Project Nfap:"
• Pursuant to 3*6 CFR 800.5, the Project would have an adKerse effect on
historic properties within the Lummus Park Historic District which is eligible
for listing in the National Rcgister of Historic Places. These properties are
identified in the Section 106 Documentation and Effects Determination in
.appendix ?.
WHEREAS. the deternvnation of adverse effect on historic properties within the
Lummus Pari: Historic District is based on the demolition and relocation of historic
properties and the \isual and aesthetic impact of the Project within the historic district.
and
WHEREAS. NIRP.k. the Florida SHPO. the Ciry. and local interested parties have
participated in consultation regarding minimization and mitigation options and agree the
proposed final plans presented in the January 2000 Miami River Paris Apartments Section
106 Documentation and Effects Determination document will meet the purpose and need
for the project. and
NOW. THEREFORE. \W.A- Florida SHPO. and the City agree that the
undertal:ine shall be implemented in accordance �%,ith the following stipulations in order
to take into account the effect of the Project:
.11emorondum nf4greentent
5liami Rn-er Part Apartmenr.'r
Page I
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0?,i 30/2000 13: 35 2073#3 r- AY I3RCOVEP0 PAGE 03
Stipalations
MRPA and the Cite shall ensure that the follostinu meai-ures are implemented
s
It is understood by the parties that the design concept describied in the final plan
referenced above shall serve as the basis for final design of the Project NMPA
and the Cite shall ensure that the design of the Project is consistent %%ith the final
pian referenced above. and with recommended approaches set forth in the
Secretm-i• of r1w Interiors Sra7xkrds ,for Rehabilirariort caxI Guidelirrrs .far
Rehahiliiating Hisim-ic Buildings (U. S. Department of the Imerior. Nationall Part:
Service. 1990; hereafter referred to as Sra xkwdr a7ki Girkklirres)_ and that the
design and specifications for the Project are submitted to the Florida SHPO for
approval.
A, MRPA and the Cite shall ensure that the historic properties. as they are vacated
by the existing tenants. are immediately- secured and protected against damage
until the measures agreed upon in this agreement are fully implemented.
B. MRPA and the City shall enure that the historic properties are maintained in a
weather -tight condition and are fully secured against entry by unauthorized
persons.
.-k. \W.A and the City shall ensure that before the historic properties are moved.
the original setting and context of each property is recorded in accordance with
the documentation plan hereto attached as Appendix 3. Completed documentation
shall be submitted prior to relocation to the Florida SI0 for approval. A coPy
of this documentation shall be made available to an appropriate local archive
designated by the City.
B. MRPA and the City shall ensure that the historic properties are moNed' in
accordance with the approaches recommended in Moving Historic Buildings
(John Obed Curtis. 1979.American Association for State and Local Historti ). by a
professional mover who has the capability to move historic buildings properly.
C. NWA and the Cite shall ensure that prior to demolition. the historic properties
(other than the four to be relocated or rehabilitated b)- XIRPA). shall be offered to
interested parties for relocation to sites which must be approved by the CitN-*s
Historic Presen ation Officer In the event that these historic properties are not
.Ilerrrnraudym nfAg"rmeaz
Il aim Rhrr Park Apartments
'�:1 Pa¢eI�D 4 b
0-1/30/200e 13:3F �-73 ;-WY GPOOVE� PAGE 04
relocated. AtRPA may salvage historic building materials and architectural
elements for use in the rehabilitation of the three historic properties wvithm' the
Project. or offer the same to other interested parties.
A NOTA and the City shall ensure that an archaeological survey of the Project
area is conducted. in a manner consistent with Crcreran- of the Imerior's
Sla„eiarci• cr O Guidehnes for Idr»liTcation A report of the sunev shall be
submitted to the SHPO for review and `approval.
B. MRPA and the Citi• shall ensure that if the survev results in the identification
of a historic propem•. appropriate measures to avold. minimize. or mitigate
adverse effects to the property shall be determined in consultation with the Florida
SHPO and the Miami -Dade County archaeologist.
C. \RPA and the Citi•. in consultation with the Florida SHPO. shall ensure
efforts to a.-oid. minimize or mitigate adverse effects to any discovesiies of
significant archaeological resources duning the Project are addressed according to
36 CFR 800.13(b). .alt records resuhing from archaeological discoveries shall be
in accordance with 36 CFR 79: and shall be submitted to the (Florida SHPO
D. Because it is possible that potentially significant archaeological resources mar
be discovered during construction or ground disturbance actilt-Ities. T -WA and the
City shall ensure. that should such resources be discovered. acti-ity_ within a
rAverm• foot radius of the site of the discovery of the potentially significant
archaeological resource shall be halted. and the Florida SHPO and the Miami -
Dade Count- archaeologist shall be contacted to determine an appropriate course
of action.
E. Until the significance of the discrn-ered resource is established. its disposition
agreed upon and subsequently implemented. MR.PA and the City shall ensure that
the site of the discover- is not vandalized or in any way disturbed.
Rehabilitation
A. NMPA and the Cite shall ensure that the three historic properties in the Project
are rehabilitated in accordance with the recommended approaches in the
Simit ordq maiGuid elines-
B NI PA and the City shall ensure' that a plan for each rehabilitation project.
includina architectural specifications. is provided before the project begins to the
Florida SHPO for revic%% and approval_ and that photographs of the properties
taken upon completion of the rehabilitation are pro.ided to the Florida SHPO
The Cit%• shall identifk• appropriate local archive to retain documentation of the
rehabilitation as part of the permanent project record.
.I1eniorandurn o(Agreemrnr
Il�rnrrr fL� r► Parlt.al»rnna�n��
Pagee'
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0.3::+30/2000 13:35 20735: AMY GPOOvER® PAGE 05
C. % P A shall ensure that. 42 8 NM' 4"' Strea historic property is relocated within
the Lummus Park Historic District and secured against entry bv.- unauthorized
persons. This property will be sold or donated to an appropriate party.
• _mei • •11
A ]\ RPA and the City shall ensure to the extent practicable and consistent with
the lanuan- =000 final plan for the Project, that all new• construction shall be
consistent -tith the recommended approaches to "new construction" set forth in
the 5iwxfcn'cars card Guidelines.
B. NW,A has submitted IWe construction documents to the Florida SHPO for
review and approval.
.�r �i • _k, .1!
The Cite shall take the following two actions within sit months of the date of this
Agreement to ensure the protection of the Lummus Part: Historic District:
Initiate local designation of the Lummus Park Historic District under
Citv- of Miami Ordinance 11694, Part IL Chapter 33 (a copy of which is
hereby incorporated herein by reference). and
Complete and submit a National Register of Historic Places nomination
proposal for the'Lummus Part: Historic District to the Florida SHPO.
8. Adminimative Conditions
A. Pursuant to 36 CFR 800.6(c). this agreement shall be considered an agreement
with the Advisor• Council on Historic Preservation (Council) for the purposes of
Section 106 of the National Historic Preservation Act.
B. Any part to this agreement may propose to the other parties that it be
amended. whereupon the parties will consult and consider the amendment
pursuant to 36 CFR $00.6(c)(7).
C. Each submittal required herein will be provided to the Florida SHPO for
revie%v and comment. Should the Florida SHPO object in writing received within
10 calendar days to any plans and specifications required to be submitted pursuant
to this .-agreement. NU PA will consult -Lith the Florida SHPO to resolve the
objection If no response is recei--ed by NMPA--ithin such 10 days period. the
submittal shall be deemed approved. if MRPA determines the objections cannot
be resolved, \W.-\ will fonvard all documentation relative to the dispute to the
.-kd--isor-• Council on Historic Preser-ation pursuant to 38 CFR 800.6(b).
Mrm orandutis f)(Agr•wnient
,lhnnir River ParkAparnnrntc
pave 1
5
Fl�3i 30,'2000 13: 35 20?7 AMY GROOVE PAGE 96
1
D This agreement shall remain in effect until completion of design and
construction of the Project i3 completed.
E. This agreement shall be deemed void and of no effect in the event the ASA
does not pmceed with construction of the project.
Execution of this Memorandum of Agreement by NIRP.k the City, the Florida SHPO.
and its submitral to the Council, and implementation of its terms. v6dence that RMPA
and the City have taken into account the effects of the undertaking on historic properties.
ML-% tI RFVER PARK ASSOCL►TES. LTD.
Approved by Dante:
'dare S. Plonskier. President
THE CITY OF MLAM I
.-kpproyed by:
Donald H. Warshaw- CityManager
FLORIDA STATE HISTORIC PRESERVATION OFFICER
Approved by:
J tinct Matthews. Ph. D.
Date:
Date:
Alemormdum nt.4greerse"I
tlimrri Rnwr parka j+nlYm "L't
Page
� � V-
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: The Honorable Mayor and Members
of the City Commission
FROM: onald H. Warshaw
City Manager
RECOMMENDATION:
DATE: APR 1 I 200,011 FILE:
SUBJECT: Resolution Approving Execution
Of Memorandum of Agreement
Miami River Park Apartments
REFERENCES:
City Commission Meeting of
ENCLOSURES: April 27, 2000
It is respectfully recommended that the City Commission adopt the attached resolution,
authorizing the City Manager to execute a Memorandum of Agreement in a form acceptable to
the City Attorney, between the City of Miami, Miami River Park Associates, Ltd. and the State
of Florida's Division of Historical Resources, in connection with the development of the
proposed Miami River Park Apartments Project.
BACKGROUND:
In December of 1998, through the Resolution No. 98-1210.1, the City Commission approved the
allocation of $500,000 in FY' 1998-99 Home Investment Partnership (HOME) Program funds to
Miami River Park Associates, Ltd., whose partners are the Gatehouse Development Corporation
and BAME Development Corporation of South Florida, Inc., in connection with the development
of the proposed 211 unit Miami River Park Apartments Project. Moreover, at its meeting of
February 10, 2000, the City Commission, through Resolution No. 00-128, allocated an additional
$175,000 in Home Program funds and $2,300,000 in Housing Opportunities for Persons With
AIDS (HOPWA) Program funds to the developer to further assist in financing the proposed
affordable housing project.
Since the project site includes seven (7) historic structures and receives federal funding, the City
is required to determine the effect of the proposed project on the subject structures listed in or
eligible for listing in the National Register of Historic Places, pursuant to the provisions of
Section 106 of the National Historic Preservation Act of 1966, as amended. As a result of the
Section 106 review conducted by the City, it has been determined that the project will have an
adverse effect on the Lummus Park Historic District, which. is eligible for the National Register.
Through a consultation process with the City, the developer, the State of Florida's Division of
Historical Resources and local preservation groups, certain avoidance
U00- 345
•
The Honorable Mayor, and
Members of the City Commission
Page 2
•
and mitigation options were discussed and a plan was developed to minimize the adverse
effect on the historic structures located on the project site.
In order to move the construction of the proposed affordable housing project forward and
ensure that the stipulations agreed upon by all parties are implemented, it is necessary
that a Memorandum of Agreement be entered into between the City, Miami River Park
Associates, Ltd. and the State of Florida's Division of Historical Resources. The attached
resolution authorizes the City Manager to execute a Memorandum of Agreement for the
aforementioned purpose, in a form acceptable to the City Attorney.
JFL/GCW/JBH
1
J-98-1237
12/8/98
RESOLUTION NO. 98-1210.1
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
ALLOCATE FUNDS, SUBJECT TO CERTAIN TERMS AND
CONDITIONS AS, SPECIFIED HEREIN, FROM THE
CITY'S FY 1998-1999 HOME INVESTMENT
PARTNERSHIP PROGRAM, IN THE AMOUNT OF
$500,000, FOR THE DEVELOPMENT OF MIAMI RIVER
PARKS APARTMENTS, CONSISTING OF APPROXIMATELY
211 UNITS OF AFFORDABLE RENTAL HOUSING TO BE
D
ATED IN THE U PARR AREA AT NORTHWEST
4 STREET AND 5 AVENUE, MIAMI, FLORIDA, BY
MIAMI RIVER PARR ASSOCIATES, LTD., WHOSE
DEVELOPERS ARE GATEHOUSE DEVELOPMENT
CORPORATION AND BAMSDEVBLOPHENTCORPORATION.
OF SOURTi FLORIDA, INC.; AUTHORIZING. TSB.,. CITY,
MANAGER TO EXECUTE . THENECESSARYI
IN A FORM ACCEPTABLE TO- THE CITY ATTODOCOM81dTSRI'BY,
FOR SAID PURPOSE.
W MEAS, a severe shortage of affordable housing exists in
the City of Miami for families and individuals of very low, low
and moderate income; and
WHEREAS, the City Commission recognizes. that the
participation of both the public and private sector is necessary
to foster the development of 'affordable housing in the City of
Miami; and
WHEREAS,
in June
1998,
the City
of
Miami was
awarded
approximately
$4,520,000
in FY
1998-1999
HOME
Partnership
Program
CUT aaost
c or,
DEC so
funding from the U.S. `Department of Housing and Urban
Development; and
WHSRBAS, said. project sponsor, is preparing an application
for funding from the State of Florida for financial assistance
through the State's Housing Credit Program for the development of
the proposed housing project;, and
WHSY2BAS, it is`. recommended that the City Commission
authorize the City' Manager to allocate funding from the City's
FY 1998-1999 HCHE Investment, Partnership Program, in the amount
of. $500,000 for .the development. Miami` River Parks Apartments,
con fisting of approximately 211 unite of affordable rental--':.
housing to be located in the ' Lummus , Park. area at Northwest 4
Street And 5th Avenue, Miami, Florida, by Miami River Park
Associates, Ltd., whose. developers are Gatehouse Development
Corporation and BAMS Development Corporation Of South Florida,
Inc., subject to.compliance with certain conditions;
NOW, THSRBFORE, BE IT RBSOLVSD.BY:THS COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained'in the
Preamble to this Resolutionare hereby adopted by reference
thereto and incorporated herein as if fully set forth. in this
J
Section.
Section 2.
The
City Manager
is hereby authorized to
allocate funding
from
the City's FY
1998-1999 HOME Investment
Partnership Program, in the amount of $500,000 for the
development of the Miami River Parks Apartments, consisting of
approximately 211 units of affordable rental housing to be
located in the Lummus Park area at Northwest 4th Street and 5th
Avenue, Miami, Florida, by Miami River Park Associates, Ltd.,
whose developers are Gatehouse Development Corporation and BAMS
Development Corporation Of South- Florida, Inc., subject to the
conditions .that (1) financing to complete construction of the
project vast be secured,- and (2) approval must be granted f rd®
the Florida Housing Finance Corporation" through the State of-
Florida's Rousing Credit Program for assistance in financing said
project.
Section 3. The City Manager is hereby authorizedll to
execute the necessary documents,,in a form acceptable to the City
Attorney, for said purpose.
Section 4. This Resolution shall become effective
l� The herein
authorization is further subject
to compliance
with all
requirements
that may be imposed by the City Attorney,
including but not
limited to
those prescribed by applicable
City Charter
and Code
provisions.
_
U`5
- 3 - ®
a78-1
14 JL U ---T—
immediately upon its adoption and signature of the Mayor.I/
PASSED AND ADOPTED this gth day of no mbar , 1998.
JOB CAROLLO, MAYOR
onwwftnce wbh M1a�n4 Cyode Sec. 2-38, Wnce th'e/�fftor db not irie'-late Pwwov'-
In deftnated
S.
bum w efb*n wkh the elopes often `10) dpe from the dee of Cc Icn QCI
D , rtlM1101it the Mayor VG
Gk)6
AT EST;
W J , CRY Cleric
WALTER J. FORMAN .
CITY CLSRR
APPROVED FORM Al® RItEC'I'lliEB$
TT+OItNBY
3134:BSS
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.
. 4
_ .4 _ �.
•
STATE OF FLORIDA )
COUNTY OF DADE )
CITY OF MIAMI )
•
1, WALTER J. FOEMAN, City Clerk of the City of Miami, Florida, and keeper
of the records thereof; do hereby certify that the attached and foregoing pages numbered I.
through 4, inclusive, constitute a true and correct copy of a Resolution with attachments passed
and adopted by the City Commission at the meeting held on the 8* day of December,1998.
SAID RESOLUTION WASDESIGNATEDASRESOLUTIONNO.98=1210.1.
RV WITNESS WBEREOF, I hereunto set my hand and impress the official seal-
- ....��, .
of the City of Miami, Florida this 300 day of December,1998.-
M
(OFFICIAL SEAL)
r .
WALTER J. FOEMAN
City Clerk
Miaanl, Flom
Deputy Clerk
J
00-- 345
SC
J-00-108
2/2/00 00_ 4 9S
RESOLUTION NO. -1 ,d
A RESOLUTION OF THE MIAMI CITY COMMISSION
RELATING TO THE DEVELOPMENT OF THE PROPOSED
MIAMI RIVER PARK APARTMENTS PROJECT TO BE
LOCATED IN THE LUMMUS PARK AREA AT NORTHWEST
4''*' STREET AND NORTHWEST 5T" AVENUE, MIAMI,
FLORIDA; AUTHORIZING THE CITY MANAGER TO
ALLOCATE THE AMOUNT OF $175;00`0' IN- HOME-
INVESTMENT
OMEINVESTMENT PARTNERSHIP (HOME) PROGRAM FUNDS
AND THE AMOUNT OF $2,300,000 IN HOUSING
OPPORTUNITIES FOR PERSONS WITH AIDS (HOPWA)
PROGRAM FUNDS, IN CONNECTION WITH THE
DEVELOPMENT OF THE 211 UNIT AFFORDABLE RENTAL
HOUSING PROJECT TO MIAMI RIVER PARK
ASSOCIATES, LTD. AND BAME DEVELOPMENT
CORPORATION OF SOUTH FLORIDA, INC.,
RESPECTIVELY, SUBJECT TO CERTAIN TERMS AND
CONDITIONS; ACKNOWLEDGING BAME DEVELOPMENT
CORPORATION OF SOUTH FLORIDA, INC.'S INTENT
TO LEND SAID HOPWA FUNDS TO MIAMI RIVER PARK
ASSOCIATES, LTD. FOR THE CONSTRUCTION OF THE
PROPOSED HOUSING PROJECT; AUTHORIZING THE
CITY MANAGER TO EXECUTE ALL NECESSARY
DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, FOR SAID PURPOSE.
WHEREAS,
the
City
Commission recognizes
that the
participation
of both
the
public and private sector
is necessary
to foster the development of affordable housing units in the City
of Miami (City); and
WHEREAS, Resolution No.'98-1210.1, adopted December 8, 1998,
authorized the City Manager to allocate funding from the City's
FY 1998-1999 HOME Investment Partnership Program, in the amount
of $500,000 for the development of the Miami River Parks
CITY CORMSSION
DCr::I' G OF
FES 1 '0 cN O
liesolution.N�o.(� �l
•
Apartments, consisting of approximately 211 units of affordable
rental.housing to be located in the Lummus Park area at'Northwest
4Ch Street. and 5th Avenue, .Miami, Florida, by Miami River Park
Associates, Ltd., whose., developers are Gatehouse Development
Corporation. and BAME Development: Corporation Of South Florida,
Inc., subject to •theconditions that. (1) financing to complete
construction of the project must.- be secured, and (2 ) approval
must be granted from the Florida Housing Finance Corporation
through the State. of Florida's Housing'' Credit Program for
assistance -:in financing said. project.
WHEREAS, to 'date., the developer has secured approximately
$12,033,709 in . tax credit equity' from First Unison National Bank;
$703,000 from Miami -Dade County;., $500,000 from the City of Miami,
$528,000 in, impact fee waivers from both the City and Miami -Dade
County; $4,0,00,000 in construction financing from First Housing
Development of South Florida, Inc., and $1,581,015. in general
partner capital contribution.and deferred developers' fees; and
WHEREAS, due to increases in the project's estimated cost
due to the need to provide adequate .parking spaces and
modifications to the original project plans, in addition to the
need to preserve four (4) historic' structures situated on the
development site; the developer has experienced a financial
shortfall and has requested additional financial assistance fro«<
the City in.an effort.to move..the``proposed project forward; and
WHEREAS, in an effort to provide affordable housing for twc
hundred eleven (211) low and very low income families and
individuals in the City, the Administration recommends allocating
an additional $175,000 in HOME Program funds, and $2.3 million in
HOPWA Program funds to the sponsors of the proposed Miami River
Park Apartments Project, subject to certain terms and conditions;
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 hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2.. Funding in the amount of $175,000 in
HOME Investment Partnership (HOME) Program funds are hereby
allocated to Miami River Park Associates, Ltd., in connection
with the development of the proposed 211 unit Miami River Park
Apartments Project.
Section 3. Funding in the amount of $2.3 million in
Housing Opportunities for Persons With AIDS (HOPWA) Program funds
are hereby allocated to BAME Development Corporation of South
Florida, Inc., in connection with the construction of the
abovementioned affordable rental housing project, subject to
U� 0b
Y s J
Page 3 of 5
certain terms and conditions in the project`. Fora-the City,s
infusion of•HOPWA"funds into the project., the project sponsors
hereby agree to set aside twenty-five (25) units over a
twenty-five (25) period for occupancy by low and very low income
families .and individuals living with.HlV%AIDS.
Section 4. The City Commission hereby acknowledges that
BAME Development Corporation 'of, South Florida, Inc., intends to
lend said Housing Opportunities for. Persons' With AIDS Program
funds to Miami River Park Associates, Ltd. for the development of
the . proposed- prof ect
Section S. The. City Manager is hereby authorized'/ to
execute individual contractual agreement(s), in a form acceptable
to the.City Attorney; with Miami River Park Associates, Ltd. and
BAMS Development Corporation of South Florida, Inc., in
connection with the development of the proposed Miami River Park
Apartments Project.
l� 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 4 of 5 `�
Section 6. This Resolution shall become effective
immediately upon its adoption and signature of the Mayor.=
PASSED AND ADOPTED this 10th day of February. , 2000
JOE CAROLLO, MAYOR
in acro -dance wiih Miami.OoCs Sec. 2-�, since the Mayor did not indica'e ar- Dmvn! of
{ �!u ion tw S,' _ n in .t n t►r: r�_ C!. r a .f f .• ��.�.!� �.p; ?r..,.: _ .. _
:. i �S rCiir�,u`/S Y .ul the ei rS CS : i? (,C,) C' ;":+;;::(1 C?
r~@wding same, withcut the Mayoraxe - , 'v2t�.
ATTEST:
WALTER J. FOEMAN
CITY CLERK .i
APPR¢'f ID,I.JIT FORM AND CORRECTNESS :t%
NIMO*I LARE
ATTORNEY
4118:RCL
City Clerk
zi 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.
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