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HomeMy WebLinkAboutR-00-0421• • J-00-385 5/3/00 RESOLUTION NO. G 421 A RESOLUTION OF THE MIAMI CITY COMMISSION, RELATING TO THE FINANCING OF RALPH'S PLAZA TOWNHOMES PROJECT -PHASE I, CONSISTING OF TWENTY-ONE (21) UNITS, DEVELOPED BY THE ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC. ("ABDA") IN THE ALLAPATTAH NEIGHBORHOOD; AUTHORIZING AND DIRECTING THE CITY MANAGER TO DE -OBLIGATE THE AMOUNT OF $504,450 IN FY' 1995-96 STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM FUNDS PREVIOUSLY ALLOCATED TO THE PROJECT, PURSUANT TO RESOLUTION NO. 97-94; AND AUTHORIZING AND DIRECTING THE CITY MANAGER TO REALLOCATE $504,450 IN HOME INVESTMENT PARTNERSHIP ("HOME") PROGRAM FUNDS TO ABDA FOR THE FINANCING OF THE PROJECT; FURTHER AUTHORIZING THE CITY MANAGER TO TRANSFER ALL CONSTRUCTION RELATED COSTS ASSOCIATED WITH THE PROJECT FROM THE SHIP PROGRAM TO THE HOME PROGRAM. WHEREAS, Resolution No. 97-94, adopted February 20, 1997, approved the allocation in the amount of $504,450 in FY' 1995-96 State Housing Initiatives Partnership ("SHIP") Program funds to the Allapattah Business Development Authority, Inc., in connection with the financing and development of the Ralph's Plaza Townhomes Project Phase I (the "Project"), consisting of twenty-one (21) units in the Allapattah neighborhood; and WHEREAS, the SHIP Program guidelines require that each year's allocation of funding from the State of Florida must be expended within two (2) years; and CITY COMMISSION MEETING OF, MAY 1 1 2000 Resolution No. vu- 421 WHEREAS, based on the SHIP Program's definition for "expended funds", funds are not considered spent until construction on the housing project is completed, and the housing units are sold and occupied by eligible families; and WHEREAS, for approximately two (2) years, construction on the Project has ceased; and WHEREAS, construction on the project is approximately 55% completed and ABDA is working with Miami -Dade County and TransAtlantic Bank to finalize the balance of the construction financing required to complete the Project; and WHEREAS, due to construction delays which have occurred on the aforementioned housing Project and several other housing projects to be sponsored by several Community Housing Development Organizations ("CHDO's"), the City has been cited by the State of Florida for not being in compliance with the Program guidelines regarding the timely expenditure of SHIP Program funds; and WHEREAS, in an attempt to resolve the State of Florida's concerns regarding the timely expenditure of SHIP Program funds associated with the Project, it is recommended that the City Commission approve a transfer of the Project's current funding source and all construction related costs associated with the Project from the SHIP Program to the Home Program; Page 2 of 4 61 n 42% 1 • 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 amount of $504,450, in FY' 1995-96 SHIP Program funds allocated to ABDA, for construction and second mortgage financing assistance to the prospective homebuyers, pursuant to Resolution No. 97-94, in relation to the financing of the project, is hereby de -obligated. Section 3. The City Manager is hereby directed to reallocate the amount of $504,450 in Home Program funds to ABDA in connection with the financing of the Project. Section 4. The City Manager is hereby authorized" and directed to transfer all construction related costs associated with the Project from the SHIP Program to the HOME Program. �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. 4 Page 3 of 4 • • Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor./ PASSED AND ADOPTED this 11th day of May , 2000. JOE CAROLLO, MAYOR in accordance with Miami Code Sec. 2-36, since the Mayor did not indicate approval of this legislation by signing it in the designated c ~,ir? le slat n now becomes effective with the elapse° . gda = ;c , ^ 1 f oc� mi^ cn action regarding same, without the Ma rcisi etq, J ATTEST: WALTER J. FOEMAN CITY CLERK City clerk 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 4 9 0 CITY OF MIAMI, FLORIDA 10 INTER -OFFICE MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: mzzn�!Iftl'0 ald H. Warshaw City Manager RECOMMENDATION: DATE: MAY — 2 2000 FILE: SUBJECT: Resolution Approving De -obligation of $504,450 in SHIP Program Funds - Ralph's Plaza Townhomes — Phase I REFERENCES: City Commission Meeting of ENCLOSURES: May 11, 2000 It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the City Manager to de -obligate $504,450 in FY' 1995-96 State Housing Initiatives Partnership (SHIP) Program funding previously allocated to the Allapattah Business Development Authority, Inc. (ABDA), in connection with the financing of the Ralph's Plaza Townhomes Project -Phase I, pursuant to Resolution No. 97-94. The attached resolution further authorizes the City Manager to reallocate $504,450 in HOME Investment Partnership (HOME) Program funds to ABDA relative to the financing of the aforementioned housing project. The attached resolution also directs the City Manager to transfer all construction related cost associated with the project from the SHIP Program to the HOME Program. BACKGROUND: In February of 1997, through Resolution No. 97-94, the City Commission allocated $504,450 in FY 1995-96 State Housing Initiatives Partnership (SHIP) Program funds to the Allapattah Business Development Authority, Inc., in connection with the financing of the 21 unit Ralph's Plaza Townhomes Project Phase I planned in the Allapattah neighborhood. Construction on the townhome project is approximately fifty-five percent (55%) completed; however, there have been no construction activities at the project site for approximately two (2) years. Presently, the Allapattah Business Development Authority is working with Miami -Dade County and TransAtlantic Bank to finalize the balance of the construction financing required to complete construction of the project. ' " • The Honorable Mayor, and Members of the City Commission Page 2 1�1 The SHIP Program guidelines require that each year's allocation of funding from the State of Florida must be expended within two (2) years. Based on the SHIP Program's definition for "expended funds", funds are not considered spent until construction on the housing project is completed and the housing units are sold and occupied by the eligible families. Due to construction delays which have occurred on the above mentioned housing project, the City has been cited by the State of Florida for being out of compliance relative to the program guidelines regarding the timely expenditure of SHIP Program funds. The attached legislation authorizes and directs the City Manager to de -obligate the $504,450 in FY 1995-96 SHIP Program funds allocated to ABDA in connection with the financing of the townhome project. Moreover, the attached resolution further directs the City Manager to reallocate $504,450 in HOME Investment Partnership (HOME) Program funds to the project. Most importantly, it also directs the City Manager to transfer all construction related costs associated with the townhome project from the SHIP Program, which provides the most viable solution to resolve and satisfy the concerns expressed by the State of Florida regarding this project. In an effort to address the concerns expressed by the State of Florida, it is recommended that the City Commission adopt the attached resolution. JFL/GCW/JBH Enclosure J-97-94 2/ 12/97 • - RESOLUTION NO. 9 94 A RESOLUTION, RELATING TO THE DEVELOPMENT OF APPROXIMATELY 98 UNITS OF AFFORDABLE HOUSING IN THE LITTLE HAVANA NEIGHBORHOOD BY THE EAST LITTLE HAVANA COMMUNITY DEVELOPMENT CORPORATION .AND FLORIDA HOUSING COOPERATIVE, 6INC. AND 21 UNITS OF AFFORDABLE HOUSING IN THE ALLAPATTAH NEIGHBORHOOD BY ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC.; AUTHORIZING THE CITY MANAGER TO ALLOCATE FUNDING FROM THE CITY'S FY' 1995-96 STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM (SHIP PROGRAM) IN THE AMOUNT OF $1,217,549 AS SET FORTH HEREIN; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE INDIVIDUAL CONTRACTUAL AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH THE AFOREMENTIONED COMMUNITY HOUSING DEVELOPMENT ORGANIZATIONS (CHDO'S) FOR SAID PURPOSE. ! WHEREAS, in July, 1992, the State of Florida enacted the William E. Sadowski Affordable Housing Act ("Sadowski Act"), which allocates a portion of new and existing documentary stamp taxes on deeds on real estate transactions to local governments for the development and maintenance of affordable housing; and WHEREAS, the Sadowski Act provides a dedicated revenue source for affordable housing and created the State Housing Initiatives Partnership. Program (SHIP); and CITY _CC OUSSIO.N MEETING OF FEB 2 0 1997 Resolution No. WHEREAS, in August, 1994, the City of Miami was notified by the State of Florida that the City would be eligible to receive $1.3 million in SHIP Program funds beginning with the State's Fiscal*Year 1995-96; and WHEREAS, in November of 1996, pursuant to Resolution No. 96-851; the City Commission approved the City's revised Local Housing Assistance Plan required by the State of Florida for the City's continued participation in the State Housing Initiatives Partnership Program (SHIP Program);.and WHEREAS, through the City's Local Housing Assistance Plan, the City proposes to make available funding to not-for-profit Community Housing Development Organizations (CHDO's), for the purpose of site acquisition, site development, construction and permanent financing, in connection with the development of affordable homeownership units in the City; and WHEREAS, approximately $1,200;000 is available through the City's Homeownership f Development Program and $100,000 is available through thja; Ciity's Dowrpayment/Closing Cost Assistance Program this year; and WHEREAS, in October of 1996, the City of Miami advertised the availability of SHIP Program funding for the development of affordable homeownership units in the City; and WHEREAS, the City Administration recommends the allocation° of funding from the City's FY' 1995-96 State Housing Initiatives Partnership Program (SHIP Program), in the amount of $1,217,549 to the Allapattah Business Development Authority, Inc., East Little Havana Community Development Corporation and Florida Housing Cooperative, Inc., in connection with the development of 119 units of affordable housing in the City; oue�. - 2 I U, NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section L. The recitals and findings contained in the Preamble to this Resblution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. Funding from the City's FY' 1995-96 State Housing Initiatives Partnership Program (SHIP Program) is hereby allocated for the purpose of providing project development financing and downpayment/closing cost assistance to the following not-for-profit Community Housing Development Organizations (CHDO's) listed in the amount as set forth below: Community Housing Development Organizations: Amounts: 1. Allapattah Business Development Authority, Inc. $504,450.00 2. East Little Havana Community Development Corpowion $298,522.00 3. Florida Housing Cooperative, Inc. , ` $414,577.00 Section 3. The City Manager is hereby authorized" to execute individual contractual agreements, in a form acceptable to the City Attorney, with the aforementioned Community Housing Development Organizations (CHDO's), for the amount specified for each, for the purpose of providing project development financing and downpayment/closing cost assistance in connection with one hundred nineteen (119) units of affordable homeownership housing in the City !' 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 - 6,0" 42.E .r C r Section 4. This Resolution shall become effective immediately upon its adoption. PASSED.AND ADOPTED this 20th day of February , 1997. ATTEST: _ OLLO, MAYOR WALTER .J-FOEMAN CITY CLERK COMMUNITY DEVELOPMENT/NET REVIEW: ELBER WATERS, DIRECTOR COMMLNITY DEVELOPMENT/NET PREPARED AND APPROVED BY: LINDA KELLY KEARSON ASSISTANT CITY ATTORNEY LKK/BSS/pb/W 1454 - 4 - REVIEWED AS TO ACCOUNTING, BUDGETARY AND TREASURY REQUIREMENTS: MICHAEBJ AVIN, DIRECTOR DEPARTMENT OF FINANCE a APPROVED AS TO FORM AND CORRECTNESS: A/QU JO , III CITY AtTOPffy' GO- 421 0 PUBLIC NOTICE FOR SPECIAL CITY COMMISSION MEETING REGARDING COMMUNITY DEVELOPMENT ISSUES * �sour aeene ase The Miami City Commission will hold a Special Meeting Development. The Special Meeting will be held: to discuss issues relating to Community Thursday, May 11, 2000 at 2:00 P.M. City of Miami Commission Chamber 3500 Pan American Drive Miami, Florida 33133 The Agenda for the Special Meeting is as follows: 1. Discussion on Funding History of the City of Miami Community Development Block Grant (CDBG) Program for the 19d— 25"' Program Years 2. Discussion and proposed resolution to revise the Citizen Participation Plan, including the abolishment of the Citywide Advisory Board 3. Discussion and proposed resolution on Planning Calendar for 26h Year CDBG activities 4. Presentation on Orchard Villas Model City Revitalization Project, including proposed legislation to adopt the plan in principle and allocating $100,000 of HOME funds to engage R.J. Heisenbottle Architects, P.A to develop a Master Plan for the area; allocating $1.5 million of 1999 HOME funds and $1.5 million of future 2000 HOME funds to develop affordable housing in the Model City Home Ownership Zone; and supporting the Miami -Dade County application to U.S. HUD for HOPE VI funding to redevelop the Liberty Square and Liberty Homes Public Housing Projects 5. Proposed resolution to modify Housing Loan Committee Membership by eliminating the seat previously held by Miami Capital Development Corporation and replacing it with a representative with private real estate lending experience; expanding the choice of City Departments from which the City Manager can appoint the Administration's representatives; and appointing Frank Rollason, Director, City of Miami Building Department, to fill the vacancy created by the retirement of Jim Kay, former Director of the City of Miami Public Works Department Resolution proposing the reestablishment of a Commercial Loan Program to revitalize commercial corridors in the City of Miami Revitalization Districts; allocating $150,000 of CDBG funds to the Latin Chamber of Commerce to administer the program in the southern portion of the City and $150,000 of CDBG funds to the Little Haiti Credit Union to administer the program in the northern area of the City and designating the City of Miami Department of Real Estate and Economic Development to administer the program in the central area of the City 7. Discussion and proposed resolution to establish a concept for an enhanced Commercial Revitalization Program 0 8. Discussion and proposed resolution to maintain the annual funding commitment of $225,000 for a five year period to the Little Haiti Job Creation Project to create jobs and stimulate businesses in the Edison Little River area 9. Discussion and proposed resolution allocating $262,322 of HOME funds to the CRA to establish a homebuyer's pre -qualification program in the Southeast Overtown/Community Redevelopment area 10. Discussion and proposed resolution to replace $504,450 of SHIP funds with available HOME funds for related construction expenses for the the Allapattah Business Development Authority to develop the Ralph's Plaza Townhomes - Phase I project 11. Discussion and proposed resolution to deobligate $853,727 of 1996-97 and 1997-98 SHIP funds as follows and to reprogram said amount to fund the City of Miami Single Family rehabilitation and First Time Homebuyers' Financing Programs: Organization and Project Amount BAME Development Corporation of South Florida -New Hope/Overtown $100,000 Housing Project Jubilee Community Development Corporation - Jubilee Villas Housing Project 62,500 Model Housing Corporation - Villas Dr. Godoy Housing Project 62,500 DEEDCO, Inc. - Miami River Village Housing Project 100,000 St. John Community Development Corporation - Lyric Village Housing Project 114,150 Florida Housing Cooperative - Barcelona Place 414,577 Total Deobligation $853,727 12. Discussion and proposed resolution to deobligate $4.75 million of HOME funds allocated to the Urban League and LHL Housing Corporation to develop the Northwestern Estates Housing Project and reallocating $3.1 from available 1976 General Obligation Housing Bond Program funds to said project for the purpose of resolving the finding identified in the Audit Report issued March 26, 1998 by the Office of the Inspector General 13. Discussion and proposed resolution allocating $3,587,693 of available HOPWA Funds as follows: Organization and Project Amount Economic Opportunity Family Health Center - Long Term Housing $1,742,900 Miami -Dade Housing Agency - Long Tenn Housing 1,844,793 Total $3,587,693 14. Discussion and proposed resolution restructuring the HOPWA Program 15. Discussion and proposed resolution allocating $50,000 to the accounting firm of Sharpton, Brunson and Company to perform an audit and provide technical assistance on the HOPWA Program 16. Discussion on letter from U.S. HUD citing the City of Miami for not being in compliance with HUD standards in the expenditure of funds in its CDBG Line of Credit balances 17. Discussion and proposed resolution to fund previously authorized legislative commitments approved by the City Commission to the Community Redevelopment Agency (CRA) as follows: project Authorizing Legislation Amount Historic Overtown Priority Business Corridor Resolution 98-592 $3,000,000 CRA/SEOPW Interlocal Agreement Commitment Ordinance 11736 2,000,000 6,®- 42x. • • Proposed funding sources for the above allocations to meet CRA funding commitments: Project Amount . Funding Source Historic Overtown Priority Business Corridor $3,000,000 Reprogramming of previously approved funds for CIP Projects CRA/SEOPW Interlocal Agreement Commitment $1,000,000 HOPWA FUNDS CRA/SEOPW Interlocal Agreement Commitment $1,000,000 Reprogramming of previously approved funds for CIP Projects Note: Said reprogramming of previously authorized CDBG funds to come from among the following CIP projects that are not in a position to be completed by September 30, 2000 as determined by the Assistant City Manager for Operations: African Square Park Improvements African Square Park Land Acquisition Allapattah Comstock Park Armbrister Park Building Renovations Athalie Range Park Athalie Range Park Playground Lighting Belafonte Park Improvement Charles Hadley Park Renovations Coconut Grove Minipark Renovation Curtis Park Improvements Dorsey Park Site Improvements Eaton Park Improvements Henderson Park Improvements Replacement Jose Marti Park Lemon City Day Care Park Little Havana Softball Field Merrie Christmas Park Handicap Access Miller Dawkins Park Renovations Moore Park Field Renovations Moore Park Renovations North Bay Vista Playground Reeves Park Riverside Park Playground Shenandoah Park Improvements Target Area Park Improvements Virrick Park Improvements West Buena Vista Park Renovations Williams Park Improvements Allapattah Sidewalk Replacement Coconut Grove Sidewalk Replacement Downtown Sidewalk Replacement Edison Little River Sidewalk Little Havana Sidewalk Replacement Manuel Artime Community Center Model City Sidewalk Replacement Overtown Sidewalk Replacement Tower Theatre Wynwood Sidewalk Replacement The proposed resolution also recommits $1.5 million of CDBG funds to previously approved CIP projects that can be completed by September 30, 3000 in accordance with the prioritization of previously approved CIP projects by the Assistant City Manager responsible for Operations and approval of the Department of Community Development. The proposed resolution also allocates $200,000 to the City of Miami Building Department for demolition activities to be carried out through September 30, 2000, from the reprogramming of previously authorized funds for Capital Improvement Projects 18. Discussion and legislation deobligating $500,000 of previously committed CDBG funds and $500,000 of previously committed HOME funds to the St. John Community Development Corporation for development of the Lyric Village Housing Project 19. Discussion and legislation regarding the Performing Arts/First Source Hiring Agreement — 4Ad JL i • Interested individuals are encouraged to attend this Special Meeting. The meeting site is accessible to the handicapped. (AD G. U