HomeMy WebLinkAboutR-96-0537J-96-985
7/1 1 /96
RESOLUTION NO. 9 6 -- 537
A RESOLUTION GRANTING A SIX (6) MONTH EXTENSION,
FROM SEPTEMBER 14, 1996 TO MARCH 14, 1997, TO
RAFAEL HERNANDEZ HOUSING AND ECONOMIC
DEVELOPMENT CORPORATION, A NOT -FOR -PROFIT
CORPORATION, IN WHICH TO COMPLETE CONSTRUCTION,
FINANCING, AND SALES OF SIX (6) NEW SINGLE FAMILY
HOMES AFFORDABLE TO FAMILIES AND INDIVIDUALS OF
LOW AND MODERATE INCOME ON FIVE (5) VACANT
PARCELS LOCATED IN THE ALLAPATTAH NEIGHBORHOOD.
WHEREAS, pursuant to Resolution No. 95-612, adopted September 14, 1995, the
Rafael Hernandez Housing and Economic Development Corporation, a not -for -profit
corporation, was designated by the City Commission as Sponsor to develop six new single
family homes affordable to families and individuals of low and moderate income in the
Allapattah neighborhood; and
WHEREAS, pursuant to said Resolution, a time frame of twelve months, from
September 14, 1995, was established for the completion of financing arrangements and
construction; and
WHEREAS, the Sponsor requests a six-month extension of this deadline to complete
the financing plans, construction, and sales of the homes;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
CITY COMMISSION
MEETING OF
ill [ 1 1 1996
Resolution No.
96- 537
Section 1. The recitals and findings contained in the Preamble to this Resolution
j are hereby adopted by reference thereto and incorporated herein as if fully set forth in this
Section.
Section 2. A six (6) month extension, from September 14, 1996 to March 14,
1997, is hereby granted to Rafael Hernandez Housing and Economic Development
Corporation, a not -for -profit corporation, in which to complete construction, financing, and
sales of six (6) new single family homes affordable to families and individuals of low and
moderate income on five (5) vacant parcels located in the Allapattah neighborhood.
Section 3. This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 11 th day of July, 1'91'96.
ST:
WALTER J MAN
CITY CLERK
PREPARED AND APPROVED BY:
i
i
LINDA K. KEAR ON_
ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
. a
9
A. QUA NN JC� , III
CITY ATTORNEY
W1041:CSK
2-
WIPRPpb GORT, VICE -MAYOR
J6- 53 7