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HomeMy WebLinkAboutR-00-0756J-00-790 9/14/00 • 00- 756 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION AMENDING RESOLUTION NO. 00-90, WHICH AUTHORIZED THE CITY MANAGER TO ALLOCATE $742,000 IN STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM FUNDS TO TWO (2) DEVELOPERS FOR THE DEVELOPMENT OF FORTY-NINE (49) UNITS OF HOMEOWNERSHIP HOUSING IN THE EDISON-LITTLE RIVER AND OVERTOWN NEIGHBORHOODS, TO REFLECT THE CORRECT NUMBER OF HOUSING UNITS TO BE CONSTRUCTED BY BANYAN TOWNHOMES, L.L.C. IN THE BISCAYNE EAST TOWNHOMES PROJECT; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE A SUBORDINATION AGREEMENT BETWEEN THE CITY OF MIAMI AND THE LOCAL INITIATIVES SUPPORT CORPORATION IN CONNECTION WITH THE FINANCING OF THE PROPOSED BISCAYNE EAST TOWNHOMES PROJECT PLANNED IN THE EDISON-LITTLE RIVER NEIGHBORHOOD. WHEREAS, Resolution No. 00-90, adopted January 27, 2000, allocated $742,000 in State Housing Initiatives Partnership ("SHIP") Program funds to Habitat for Humanity of Greater Miami, Inc. and the Little Haiti Housing Association, Inc. in connection with the development of forty-nine (49) units of homeownership housing in the Edision-Little River and Overtown neighborhoods; and WHEREAS, Resolution No. 00-347, adopted April 27, 2000 amended Resolution No. 00-90, to reflect the name of the legal entity, Banyan Townhomes, L.L.C., established by the Little Haiti Housing Association, Inc. to receive $342,000 in SHIP funding in connection with the financing of land requisition and pre -development activities for the Biscayne East Townhomes Project; and WHEREAS, since the adoption of Resolution No. 00-90, the number of housing units planned by Banyan Townhomes, L.L.C. for the Biscayne East Townhomes Project has been reduced from nineteen (19) to fifteen (15) townhomes due to the developer's inability to acquire an adjacent parcel from a private property..owner; and WHEREAS, prior to the execution of the agreement between the City and Banyan Townhomes, L.L.C., and disbursement of the City's funding, Resolution No. 00-90 must be amended to property reflect the correct number of housing units which will be financed by the City and constructed by ,the developer in the proposed Biscayne East Townhomes Project; 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 Page 2 of 4 _ n, N thereto and incorporated herein as if fully set forth in this Section. Section 2. Resolution No. 00-90, adopted January 27, 2000, is hereby amended in the following particulars:) RESOLUTION NO. 00-90 Section 3. The City Manager is hereby authorized" to execute individual contractual agreement(s), in a form acceptable to the City Attorney, with the aforementioned not-for-profit and for profit housing corporations, for the amount(s) specified for each, for the purpose of providing financial assistance in connection with site acquisition and predevelopment costs associated with the development of approximately femme (49) forty-five (45) units of homeownership housing in the City, consisting of thirty (30) units planned by Habitat for Humanity of Greater Miami, Inc., and fifteen (15) units planned by Banyan Townhomes, L.L.C. Construction on each of the proposed housing projects must be underway within twelve (12) months from the date of City Commission action. The City Attorney is hereby directed to incorporate language in each individual warranty deed that the ownership will vested in the City of Miami in the event construction is not underway within twelve (12) months from the date of City Commission action. The City Manager is hereby authorized to execute a subordination agreement between the City of. Miami and Local Initiatives Support Corporation in connection with the 1� 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 financing associated with the construction of the proposed Biscayne East Townhomes Project. Section 4. This Resolution shall becomeeffective immediately upon its adoption and signature of the Mayor.2/ PASSED AND ADOPTED this 14th:day of September , 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 place provided, said legislation now becomes effective with the elapse of ten ( ) days from a date emission regarding same, without the Mayor exe sing. to. ATTEST: alewe Walter J. an, Ci ark WALTER J. FOEMAN CITY CLERK CORRECTNESS:fC/ KJANDRO VILARELLO ITY ATTORNEY W4674:BSS 2/ 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 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM The Honorable Mayor and Members AUG 2 9 200? TO of the City Commission DATE : FILE SUBJECT: Resolution Amending Resolution No. 00-90 Biscayne East Townhomes Project FROM: 46s�Gimene REFERENCES: City Commission Meeting City Manager ENCLOSURES: of September 14, 2000 RECOMMENDATION: It is respectfully recommended that the City. Commission adopt the attached resolution, amending Section 3 of Resolution No. 00-90 adopted January 27, 2000, to properly reflect the correct number of housing units to be constructed by Banyan Townhomes, L.L.C. in connection with the proposed Biscayne East Townhomes Project planned in the Edison -Little River .neighborhood. BACKGROUND: At its meeting of January 27, 2000, with the adoption of Resolution No. 00-90, the City Commission allocated $732,000 in SHIP Program funding to the Little Haiti Housing Association, Inc. and Habitat for Humanity for Humanity of Greater Miami, Inc., in connection with the financing and construction of forty-nine (49) new homeownership housing units in the Edison/Little River and Overtown neighborhoods. From this total, approximately $342,000 in SHIP Program funds was allocated to Little Haiti Housing Association, Inc. to finance the proposed Biscayne East Townhomes Project. Subsequently, at the April 27, 2000 City Commission meeting, the City Commission adopted Resolution No. 00-347, that amended Resolution No. 00-90 to properly reflect the legal name of the joint venture entity established by the Little Haiti Housing Association, Inc. and Al Townsel, Inc., the developer of the proposed Biscayne East Townhomes Project. On July 12, 2000, the developer advised the City that the number of housing unit planned by Banyan Townhomes, L.L.C. must be reduced from nineteen (19) to fifteen (15) townhomes due to the developer's inability to acquire a parcel adjacent to the project site. As a result, prior to the execution of an agreement between the City and Banyan Townhomes, L.L.C. and the disbursement of City funding, the Law Department advised the Department of Community Development it is necessary to correct the record to accurately reflect a reduction in the total number of housing units previously planned for construction per Resolution No. 00-90. 010— 7IOU 0b 0 * 0 The Honorable Mayor and Members of the City Commission Page 2 In addition, to move the construction of the proposed project forward, it will be necessary for the City to subordinate its $342,000 in SHIP financing to approximately $993,290 in construction financing which is being provided by the Local Initiatives Support Corporation (LISC). The proposed resolution amends Resolution No. 00-90 by reducing the number of units in the aforementioned development and further authorizes the City Manager to execute a subordination agreement between the City and the Local Initiative Support Corporation (LISC) in connection with the financing of the proposed project. In an effort to move forward with the construction of the proposed Biscayne East Townhome Project, City Commission adoption of the attached resolution is recommended. GCI/GC H 00— 17b6 TEI Feb 14'00 J-00-54 1/7/00 RESOLUTION NO. 90 14:51 No -012 P.01 A RESOLUTION OF THE MIAMI PITY COMMISSION AUTHORIZING THE CITY MANAG R TO ALLOCATE $742,000 IN STATE HOUSIG INITIATIVES PARTNERSHIP PROGRAM ("SHIP") FUNDS TO THE LITTLE HAITI HOUSING ASSOCIATION, INC. AND HABITAT FOR HUMANITY OF GREA ER MIAMI, INC. IN CONNECTION WITH THE DEVELOPMENT OF APPROXIMATELY FORTY-NINE (149) UNITS OF AFFORDABLE HOMEOWNERSHIP H6USING IN THE NEIGHBORHOODS OF EDISON-LItTLE RIVER AND OVERTOWN; AUTHORIZING THE CITY MANAGER TO ALLOCATE -SAID SHIP PROGRAM! FUNDS IN THE AMOUNT(S) SPECIFICALLY STATED!IN SECTION 2 OF THIS RESOLUTION; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE INDIVIDUAL CONTRACTUAL AGREEMENT(S) WITH THE AFORMENTIONED NOT-FOR-PROFIT HOUSING DEVELOPERS IN A FORM ACCEPTABLE TO THE CITY ATT�RNEY, FOR SAID PURPOSE, SUBJECT TO CER IN TERM AND CONDITIONS. WHEREAS, there exists in the City {f Miami ("City") a severe shortage of affordable housing for fa6ilies 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 are necessary to foster the development of.housing affordable to very low, low and moderate income families and indivi4uals in the City; and WHEREAS, the City has established' through its Five (5) Year Consblidated Plan a goal in developi 1,000 new homeownership units on an annual basis over the next five (5) years; and ----------------- CITY CO B'L=AWG OF JA N 2 7 2000 00-1 756 Hesolntion Na TEL Feb 1 '00 14:52 No.012 P.02 WHEREAS, on October 29, 1999, Ifuhding proposals were a received from both not-for-profit nd for profit housing developers in response to the City's Request For Proposal for i funding under the Community. Development' Block Grar.�- !"CDBC") HOME INVESTMENT PARTNERSHIP ("HOME"), ghate Housing Initiatives I I Partnership ("SHIP"), and Housing Oppoi4tunities for Persons With Aids ("HOPWA") Programs; and WHEREAS, based on the funding proposals received by the City for SHIP Program fuffds in -response .to he RFP, it is recommended that the Little Haiti Housing!Associat'on, Inc. and Habitat For Humanity of Greater Miami, Inc. receie SHIP Program funds for the purpose of undertaking land acquisition and project predevelopment activities associated iwith. the development of forty-nine (49) new single family housing units in the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY I OF MIAMI, FLORIDA: Section 1: The recitals and f ndings contained in the Preamble to this Resolution are her by adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. Funding in 'the amo nt of $742,000. in State 4ousing Initiatives Partnership Program funds are hereby allocated to the following not-for-pjofit housing corporations for undertaking site acquisition and p�edeveaopment activities in Page 2 of 4 00- '756 TE' Eeb 14'00 14:52 No.012 P.03 connection with the development of new; affordable homeownership housing units in the City, as specified in the amount indicated below: Organization: T of Atsistance: Amount Little Haiti Housing Land Acqu{sition $342,000 Association, Inc. Pre-Develppment Habitat For Humanity Land Acquisition $400,000 Of Greater Miami, Inc. Section 3. The City Manager is hereby authorized" to execute individual contractual agreement(s), in a fcYm acceptable to the City Attorney, with the aforementioned not-for-profit and for-profit housing corporations, for the amount (s) specified for each, for the purpose of providing financial assistance in connection with site acquisition and predevelopment costs associated with the development of app oximately forty-nine (49) units of homeownership housing in the City. Construction on each of the proposed housing projects must;be underway within twelve (12) months from the date of City Commission action. The City Attorney is hereby directed to incorporate language in each individual warranty deed that the ownership will vest in the city of Miami in the event construction is not underway within twelve . 1 (12) months from the date of City Commission action. ' 1' The herein authorization is further spbject 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 41 1� Feb 00 14:53 No..012 P.04 Section 4. This Resolution shall become, effective immediately upon its adoption and signature of the Mayor.Zi PASSED AND ADOPTED this 27th, day of January 2000• JOE CAROLLO, MAYOR i In accordance with'Miarni Ccd2 5 �c. 2-?�, +nc� {.hs �.1tr�..�f rtl" nrt i.-c'Ic^'n rpc.rn n of this r2; N;-- � n 'rive becomes cfl'eilivc- wi-, _.. —jag ..�i l� �:i l:^r., �,� L.•.;0�1 IV1��'.it hZr �L oil 00,01 ATTEST Waite . F , Cfty CWk WALTER J. POEMAN CITY CLK APPI FO AND CORRECTNESS- 7,CATTORNEY RO VILARELLo CL I 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 irmnediately upon override of. the ", � , the City Ccrmriaeicn, 0 75.6 . Page 4 of 4 r J-00-368 4/18/00 n RESOLUTION NO. tS ` A RESOLUTION OF THE MIAMI CITY COMMISSION, AMENDING RESOLUTION NO. 00-90, WHICH AUTHORIZED THE CITY MANAGER TO ALLOCATE $742,000 IN STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM . FT.3Iv'DS, TO PROPERLY REFLECT THE LEGAL NAME. OF THE DEVELOPER AWARDED FUNDS IN THE AMOUNT OF $342,000 IN nn1.n,1TnTTnAT C.lTf TT mVT "T TM'kT 1ZjV VP 11iL' YLCUYVJr.0 �vri•�..y.rviv njA.rt LnQ rA.'MuV411V BISCAYNE EAST TOWNHOMES PROJECT PLANNED IN THE EDISON-LITTLE RIVEk NEIGHBORHOOD. WHEREAS,Resolution No. 00-90., adopted January 27, 2000, allocated $732,000 in State Housing Initiatives Partnership ("SHIP") Program funds to the Little Haiti Housing Association, Inc. and Habitat for Humanity of Greater Miami, Inc. in connection with the development, of forty-nine (49) units of homeownership housing in the. Edison -Little River and Overtown neighborhoods; and WHEREAS, the name of the entity for the development of the proposed 19 unit Biscayne East.Townhomes Project as set forth in Resolution No. 00-90 did not accurately reflect the legal name of the joint venture entity which will receive the City funding to develop and market the project; and WHERFAS, prior to the execution of the agreement between the City and the developer, Reaolution No. 00-90 must be amended to properly reflect the accurate legal name of the entity which will 0- 75 cffy COI►MQSgippf NEETII� G • OF be responsible for receiving the.SHIP Program funds from the City' in connection with the financing of the proposed housing project; NOW, THEREFORE, BE IT RESOLVED.BY THE COMMISSION OF THE.CITY OF MIAMI, FLORIDA: Section 1. The recitals. and, findings contained in the R Preamble to this Resolution are hereby, adopted by reference thereto and _.�`<,rr^~,ted `_:erei ac if fully set forth in this r,.,� . Section. Section '2. PeFolution: _:. No. 00-90, adopted January 27, 2000, is herebyc: amended '-in the following particulars:�� "Resolution No. 00-90. Section 2. Funding in the" amount of $742,000 in State Housing Initiatives Partnership Program funds are hereby allocated to the following not-for-profit housing corporations for un:lertaking site acquisition and predevelopment activities in connection with the development of new affordable homeownership housing units in the City, aa specified-in the amount indicated below: Organization: Type of Aspistance: Amount Land Acquisition, $342,000 n L i-ear--T-ne . Pre-Development Banyan, Townhomes, L.L.r, Habitat For Humanity Land Acquisition $400,000 Of Greater Miami, Inc. 1� 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. ABterisks indicate omitted 'and. unchanged material. r • section .3. This Resolution_ shall become effective .upon its adoption and signature of the'Mayor2l. PASSED AND ADOPTED this 227th` day April , 2000, JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-38, since the Mayor did not Indicats this legislation by signing It in the designs?ed place becomes effective with th:.:,,cpsn of Lcn (10 ay:: regarding same, without tha Mayor/6 sing ' "T .'EST : WALTER J. FOEMAN CITY C A-PPRO O FORM AND CORRECTNESS:% ATTORNEY 0 J. Fogrftj�.City Claris 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 • 3 ' of 3 nn' .a c -n' oN c�n: bT 00, SZ 6pw :-131 t. NATIONIL NEWS ,1 Jim Morin is The Herald's top drawer. Don't miss his editorial cartoon, five times a, week on the Editorial page. NOTICE OF PUBLIC HEARING RELATING:, TO 'PARANTS ADMINISTERED BY THE `6*70ARTMENT OF COMMUNITY DEVELOPMENT. ISSUES, -C V%. 4 The Miami City Commission will hold a Public Hearin September 14, 2000 to discuss the following issues relating ' S P'em to grants administered by the Department of Community Development: 1. Discussion and proposed resolution on transfer of $300,000 of FY 1998 HOPWA funds previously allocated to the -Miami -Dade CountyDo= of Human Services, Office of Community Services, to other HOPWA contracts between the City Miami -Dade County Department of Human Services,' Office of Community Services to assist low income persons living with HIV/AIDS as follows: F ntract Amount To: Contract -Amount utiriti. istance, $300,000 Short Term Housing Assistance. $200,060 Housing Assistance, $100,000 Total $300,000 Total $300,000 I s io n and proposed resolution to allocate funds to the following organizations to provide housing assistance atltfhousing related services to low income persons living with HIV/AIDS throughout Miami -Dade County,7 . SERVICE PROVIDER ACTIVITY AMOUNT j3dtter Way of Miami, Inc. Operations $ 58000::.�L�z,. of Miami Department of. Operations $1,0001006 ommunity Development Douglas Gardens Community Long -Term Housing Assistance $ 200,00q,-.`.,' Health Conte, Inc. .Economic Opportunity Family Long -Term Housing Assistance $1,200 000 r1c ­-Heafth Center I: 77. . .Greater Bethel A.M.E. Church HIV/AIDS Counseling. Referral Services* — Lock Towns Community Mental Operations — Life Quest I & 11 Health Center, Inc. .:i-,. Miami -Dade County Department of Short -Term Housing Assistance $1,500 000 Human Sehrices (Office of Community Services) ­' Miami -Dade County Department of Emergency Housing Assistance $ 330,000 Human Se.rAces (Office of Community Services) Miarrii-Dade Housing Agency Long -Term Housing Assistance $5,400,000 Shelbourne Apartments Building, Inc. Operations $ 45000 South Florida 'Jail Ministries; Inc. Operations — AGAPE's Women $ .87:000. CenterNision House TOTAL$9,979,000 Discuss d i r&{ osed resolution allocating $150,000 of CDBG funds to the, Tacolcy Econortlic Development Cocpo b -h Inc. to administer the Commercial Loan Program. Discussion- and proposed resolution ratifying the City Manager's action to allocate $300,000 ­&�mmunity Development Block Grand Funds to purchase tax deeds, satisfy, prior year real estate tax" . and take appropriate legal action to complete the acquisition of the following four (4) multi -family apatit,ppeh,t; buildings located in the Model City and Overtown neighborhoods, previously owned by Miami Limited I and a; fitd.by Wi4" the City., 1230 N.W. 58 Street 1240 N.W. 59 Street 5899 N.W. 17 Avenue 1636 N.W. 58 Terrace 7-5 Discuision, and.. proposed resolution ratifying the City Manger's action to expend' t113%7841,10_ 'HOME Investment Partnership '(HOME) Funds to satisfy prior year real estate takes for 1998 an on the followin e' ht ( 9 �"ulti-family apartment buildings located in the Model City 6dig4borhood:' 1435 N.W. 61 Street 1455 N.W. 61 Street 1475 N.W. 61 Street 1606 N.W. S8 Terrace 1227 N.W. 58 Street 1101 N.W. 62 Street 1535 N,W. 58 Terrace 1611 N.W.3 Avenue 6. Discussion and proposed resolution changing the number of units to be built, from 19 to 15, in th; previously approved Biscayne East Towers Project to be constructed by Banyan Townhomes, L.L:C. using $342,000 of .,,previously approved SHIP funds; further authorizing the City Manager to execute a subordination .,agreement between the City and the Local Initiative Support Corporation in connection with the financing ot.sald IpM.ect. ✓ The Public Hearing will be held: i: at 9:30 Thursday, September 14, 2000 .0 up. City of Miami Commission Chamber: k w" --4 ,..35M Pan American Drive Miami, Florida 33133 N Interested Individuals are encouraged to attend this Public Hearing. it I% she 18 a�cesstbt to tire. hanOicaomd . 11 C NOTICE OF PUBLIC HEARING RELATING TO GRANTS ADMINISTERED BY THE DEPARTMENT OF COMMUNITY DEVELOPMENT ISSUES }� RATED S= . 10 Y6 is The Miami City Commission will hold a Public Hearing September 14, 2000 to discuss the following issues relating to grants administered by the Department of Community Development: 1. Discussion and proposed resolution on transfer of $300,000 of FY 1998 HOPWA funds previously allocated to the Miami -Dade County Department of Human Services, Office of Community Services, to other HOPWA contracts between the City and the Miami -Dade County Department of Human Services, Office of Community Services to assist low income persons living with HIV/AIDS as follows: From: Contract Amount To: Contract Amount Utility Assistance $300,000 Short Term Housing Assistance $200,000 Housing Assistance $100,000 Total $300,000 Total $300,000 2. Discussion and proposed resolution to allocate funds to the following organizations to provide housing assistance and housing related services to low income persons living with HIV/AIDS throughout Miami -Dade County: SERVICE PROVIDER Better Way of Miami, . Inc. City of Miami Department of Community Development Douglas Gardens Community Health Center, Inc. Economic Opportunity Family Health Center, Inc. Greater Bethel A.M.E. Church Lock Towns Community Mental Health Center, Inc. Miami -Dade County Department of Human Services (Office of Community Services) Miami -Dade County Department of Human Services (Office of Community Services ACTIVITY Operations Operations AMOUNT $ 58,000 $1,000,000 Long -Term Housing Assistance $ 200,000 Long Term Housing Assistance $1,200,000 HIV/AIDS Counseling and $ 134,000 Referral Services Operations — Life Quest I & II $ 25,000 Short -Term Housing Assistance $1,500,000 Emergency Housing Assistance $ 330,000 mm� Miami -Dade Housing Agency Long -Term Housing Assistance $5,400,000 Shelbourne Apartments ;Building, Inc., Operations $ 45,000 South Florida Jail Ministries, Inc. Operations – AGAPE's Women $ 87,000 Center Nision House TOTAL $9,979,000, 3:. Discussion and proposed resolution allocating $150,000 of CDBG funds to the Tacolcy Economic Development Corporation, Inc. to administer the Commercial Loan Program. 4. Discussion and proposed resolution ratifying the City Manager's action to allocate $300,000 of Community Development Block Grant Funds to purchase tax deeds, satisfy prior year real estate taxes and take appropriate legal action to complete the acquisition of the following four (4) multi- family apartment buildings located in the Model. City and Overtown neighborhoods, previously owned by Miami Limited Land acquired by the City: 1230 N.W. 58 Street 1240 N.W. 59 Street 5899 N.W. 17 Avenue 1636 N.W. 58 Terrace' 5_ Discussion and proposed resolution ratifying the City Manager's action to expend $138,787 of HOME Investment Partnership (HOME) Funds to satisfy prior year real estate taxes for 1998 and 1999 on the following eight (8) multi -family apartment buildings located in the Model City neighborhood: 1435 N.W. 61 Street 1455 N.W. 61 Street 1475 N.W. 61 Street 1606 N:W. 58 Terrace 1227 N.W. 58 Street 1101 N.W. 62 Street 1535 N.W. 58 Terrace 1611 N.W. 3 Avenue 6. Discussion and proposed resolution changing the number of units to be built, from 19 to 15, in the previously approved Biscayne East Towers Project to be' constructed by Banyan Townhomes, L.L.C. using of $342,000 of previously. approved SHIP funds; further authorizing the City Manager to execute a subordination agreement between the City and the Local Initiative Support Corporation in connection with the financing of said project. The Public Hearing will be held: Thursday, September 14, 2000 at 9:30 A.M. City of Miami Commission Chamber 3500 Pan American Drive Miami, Florida 33133 Interested individuals are encouraged to attend this Public .Hearing. The meeting site is accessible to the 1 handicapped. (AD NO. 06180) OU— Y5 6