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HomeMy WebLinkAboutR-98-0585J-98-569 05/17/98 RESOLUTION NO. 98" 585 A RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER TO PROVIDE WRITTEN NOTIFICATION TO LIBERTY HOUSING ASSOCIATES AS THE DEVELOPER OF THE PROPOSED 134-UNIT HOUSING PROJECT KNOWN AS NORTHWESTERN ESTATES, THAT IT HAS SIXTY (60) DAYS TO COMPLY WITH THE RECOMMENDATIONS IDENTIFIED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S DISTRICT OFFICE OF THE INSPECTOR GENERAL IN ITS AUDIT REPORT DATED MARCH 26, 1998 AS SPECIFIED HEREIN; AUTHORIZING AND DIRECTING THE CITY MANAGER TO DISCONTINUE ALL FUNDING FOR THE PROJECT, EXCEPT FOR RELOCATION AND SECURITY UNTIL SUCH TIME AS THE DEVELOPER COMPLIES WITH SAID RECOMMENDATIONS; FURTHER AUTHORIZING AND DIRECTING THE CITY MANAGER AND THE CITY ATTORNEY TO TAKE WHATEVER STEPS ARE NECESSARY TO ENSURE COMPLIANCE WITH SAID RECOMMENDATIONS, INCLUDING TERMINATING THE PROJECT AND RECORDING THE DEED TO THE PROPERTY, SHOULD THE DEVELOPER FAIL TO COMPLY WITHIN THE TIME PRESCRIBED. WHEREAS, pursuant to Resolution No. 95-853, passed and adopted by the City Commission on December 7, 1995, the City Commission allocated $4,750,000.00 in HOME Investment Partnership ("HOME") Program funding ("HOME Funds") to the Urban League of Greater Miami, Inc. and LHL Housing Corporation as a partnership known as Liberty Housing Associates ("Developer"), for the development of a 134-unit affordable homeownership project, planned for development at Northwest 67t" and 69th Streets between Northwest 7tn and 10th Avenues in the Model City target area, commonly known as Northwestern Estates ("Project"); and CITY COMMSION MEETING OF JUN 0 9 1998 Reaalutim Zia 98- 585 WHEREAS, pursuant to said Resolution, the City Commission further directed the City Manager to make immediately available to the Developer $2,375,000.00 of the HOME Funds for Phase I of the Project, with the balance of the HOME Funds to be made available to the Developer for Phase II of the Project upon the completion of Phase I; and WHEREAS, Phase I of the Project consisted of the acquisition of an eleven acre site upon which the Project is to be developed ("Site"), demolition of the then existing 235 substandard units situated on the site, relocation of the ninety- six (96) tenants and the commencement of certain other pre - development activities that were required to commence construction of the Project; and WHEREAS, to date, approximately $2,201,638.00 of the $2,375,000.00 which were allocated for Phase I have been expended, to include (a) $442,000.00 for Developer's Fees, General Overhead and Administration, (b) $725,000.00 for Site acquisition, (c) $426,098.00 for Tenant Relocation, (d) $362,447.00 for Site work (including demolition and clearing) and (e) $246,092.00 for Soft Costs (including legal, architectural and engineering fees); and WHEREAS, after the Developer's acquisition of the Site, the Dade County School Board condemned one (1) acre of the Site for which the Developer received approximately $144,538.00 in compensation ("Compensation"); and 2 98- 585 WHEREAS, since the Site was acquired with the HOME Funds, the said Compensation represents program income and pursuant to the Federal Register Final Rule Part 92.503 (a)(1) is required to be remitted by the Developer to the City for deposit in the City's HOME Investment Trust Fund; and WHEREAS, on February 15, 1996 the City and the Developer executed the "Covenant Not To Encumber Or Convey And To Deed Property To The City Of Miami Upon Failure To Commence Construction Within Time Stipulated Herein", whereby the City agreed to make disbursements of the HOME funds on the condition that the construction of the Project commence within twelve (12) months from the date of the Covenant, otherwise the City could record the Statutory Warranty Deed, dated February 15, 1996 and executed by the Developer conveying title to the Property to the City ("Deed"); and WHEREAS, the Developer has not commenced construction of the Project; and WHEREAS, the U.S. Department of Housing and Urban Development's District Office of the Inspector General ("OIG") in its Audit Report dated March 26, 1998, issued a finding regarding the allocation of the $4,750,000.00 in HOME Funds to the Project, which concluded that the Project was not feasible; and WHEREAS, the OIG also stated that the City did not execute its right to record the Deed; and 3 98- 585 WHEREAS, the OIG has recommended that the City be required to: (a) demonstrate how the Project can be made affordable to low and very low income families and individuals by obtaining sufficient subsidies, reconfiguring the Project, or otherwise reducing the costs; (b) provide evidence that the Developer has obtained sufficient financing to complete development of the Project; (c) reimburse $144,538.00 of program income to the City's HOME Investment Trust Fund; (d) discontinue funding to Project, except for necessary costs such as relocation and security until the City complies with the aforementioned recommendations; and (e) the City should take other appropriate action, as needed, to protect the U.S. HUD Secretary's interest and the integrity of the HOME Program, including terminating the 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 thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is hereby authorized and directed to give written notification to Liberty Housing Associates as the developer of the proposed 134-unit housing project known as Northwestern Estates, that it will be afforded sixty (60) days from the date of this Resolution to: (a) 4 98 - 585 reimburse the City the $144,538.00 in program income, (b) demonstrate how the Project will be made affordable to very low and low-income families and individuals by obtaining sufficient subsidies, reconfiguring the project or reducing the Project's cost, and (c) provide evidence that sufficient private financing has been obtained to complete the development of the Project. Section 3. Should Liberty Housing Associates fail to comply with any of the provisions set forth in Section 2 within the time prescribed, the City Manager and the City Attorney are hereby authorized and directed to take whatever steps are necessary to ensure the City's compliance with the recommendations of the U.S. Department of Housing and Urban Development's District Office of the Inspector General as stated in its Audit Report dated March 26, 1998, including, but not limited to terminating the Project and recording the Statutory Warranty Deed conveying title to the Property to the City. Section 4. The City Manager is hereby further authorized and directed to discontinue all funding to the Project, except for any costs associated with relocation payments and security for the Site, until such time as the Developer complies with the recommendations of the OIG as stated in Section 2 hereof. Section S. This Resolution shall become effective immediately upon its adoption. 5 98- 585 PASSED AND ADOPTED this 9th day of June , 1998. JOE CAROLLO, MAYOR in accordance with Miami Code Sec. 2.-36, since the Mayor did not indicate approval of thus legislation by signing it in the designated place provided, rak! legstation r becomes wive with the elapse of ten (10) daN!" #r the date of C c ,essicr1 uc : ATTEST: reganft semen without the Mayor exercising z - Waite J. a n, City Cleric WALTER J. FOEMAN, CITY CLERK DEP, TMENT OF COMMUNITY DEVELOPMENT REV l [ AND '�PPiROVAL : GWENDOLYNPOF WARREN, DIRECTOR DEPARTMEN COMMUNITY DEVELOPMENT PREPARED AND APPROVED BY: I,27DA KELLY K ARSO ASSISTANT CITY ATT RNEY 0 98- 585 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM 27f TO: To The Honorable Mayor, Joe Carollo and DATE: May 11, 1998 FILE Members of the City Commission SUBJECT: Resolution Relating to the Northwestern V Estates Housing Project FROM: lon(MHWarshaw REFERENCES: City Manager ENCLOSURES: City Commission Agenda Item - May 26, 1998 RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached resolution, relating to the development of the proposed 134 unit Northwestern Estates Housing Project. The attached resolution directs and authorizes the City Manager and the City a Attorney to take the appropriate steps necessary to ensure full compliance with the findings and recommendations outlined by the U.S. Department of Housing and Urban Development's District Office of the Inspector General ("O.I.G") in the audit report dated March 26, 1998. 4XV311111W "I In December of 1995, through Resolution No. 95-853, the City Commission allocated $4,750,000 in Home Investment Partnership Program funding to the Urban League of Greater Miami, Inc. and LHL Housing Corporation, in connection with the development of a 134 unit affordable homeownership project in the Model City neighborhood. Pursuant to Resolution No. 95-853, the City Commission directed the City Manager to allocate and to make available immediately funding in the amount of $2,375,000 for Phase I of the proposed housing project and $2,375,000 for Phase II after the completion of Phase I. Phase I of the proposed housing project essentially consisted of the acquisition of the eleven (11) acre project site, demolition of the thirty-three (33) substandard apartment buildings which were situated on the site, relocation of the former ninety-six (96) tenants and the commencement of architectural and other zoning/platting activities required by the City to commence construction. To date, approximately $2,173,450 of the $2,375,000 in Home Program funding allocated to Phase I has been expended in connection with the aforementioned predevelopment activities. 98- 585 Honorable Mayor Joe Carollo and Members of the City Commission Page 2 Approximately $725,000 in Home Program funds were utilized by the developer for the acquisition of the project site. Subsequently, one (1) acre of the subject parcel was acquired by the Dade County School Board through condemnation proceedings and the developer received approximately $144,538 in compensation from the School Board. Since the project site was acquired with Home Program funds, the $144,538 in proceeds received by the developer represents program income and should be returned to the City to be deposited in the City's Home Investment Trust Fund. The U.S. Department of Housing and Urban Development's District Office of the Inspector General ("OIG") in its audit report dated March 26, 1998, has issued a finding relative to the City's allocation of $4,750,000 in Home Program funding to the proposed housing project, which has been determined not to be economically feasible. In an effort to resolve this finding, the District Office of the Inspector General has mandated that the City be required to take the following actions: 1) Demonstrate how the proposed Northwestern Estates Housing Project can be made affordable to very low and low income families by obtaining the necessary subsidies to make the units affordable. 2) Provide evidence that the developer has obtained sufficient private financing to complete the development of the proposed housing project. 3) Aggressively pursue the repayment of the $144,538 in program income received by the developer as compensation from the Dade County School Board for the one (1) acre acquired through the condemnation proceedings. 4) Discontinue any additional funding to the project except for certain costs associated with relocation payments to the former tenants and security. 5) Take other appropriate action, as needed, to protect the Secretary of the U.S. Department of Housing and Urban Development's interest and the integrity of the Home Program, including terminating the project. On February 19, 1998, a letter was forwarded to Mr. T. Willard Fair, President and CEO for the Urban League of Greater Miami, Inc., outlining the preliminary findings of the draft audit report by the U.S. Department of Housing and Urban Development's District 98 - 585 Honorable Mayor Joe Carollo and Members of the City Commission Page 3 Office of the Inspector General, dated November 21, 1997. At that time, the Urban League of Greater Miami, Inc. was advised that prior to the City providing any additional Home Program funds to the project, it was imperative that Liberty Housing Associates provide the City with a certified or cashier's check in the amount equal to the entire proceeds received from the sale of the one (1) acre of land to the Dade County School Board. In addition, the Urban League was also advised that all files and records relative to the tenant relocation phase of the project would have to be turned over to the City within ten (10) days from the date of the letter. On April 13, 1998, a meeting was held with Mr. Fair and the principals of Liberty Housing Associates, to discuss the OIG findings and the need to take corrective action immediately. To date, the developer has not responded to any of the corrective actions, identified by the OIG in order to address the findings which were cited. As per the attached resolution, it is recommended that the developer of the proposed Northwestern Estates Housing Project be afforded sixty (60) days from the date of this action, to come into full compliance with the requirements of the OIG audit report. In the event that the developer is found to be in noncompliance within the time frame stated, it is recommended that the City Manager and the City Attorney be allowed to take the appropriate steps required to ensure full compliance with the findings and the recommendations outlined in the OIG audit report dated March 26, 1998. JGP:CMC:GCW:JBH:sjg [Memosjg] <Northwestem.doc> ., . 98- 585