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HomeMy WebLinkAboutR-94-01883/24/y4 - 04 188 1 RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH THE LITTLE HAITI HOUSING ASSOCIATION ("GRANTEE"), A NOT -FOR -PROFIT CORPORATION, TO PROVIDE A GRANT IN THE AMOUNT OF $358,885 FOR GRANTEE TO ACQUIRE, RENOVATE AND DEVELOP LOW TO MODERATE INCOME SCATTERED SITE HOUSING IN THE LITTLE HAITI NEIGHBORHOOD; SAID GRANT SUBJECT - TO GRANTEE PROVIDING THE CITY COMMISSION WITH A BINDING DOCUMENT STATING THAT THE SELLING PRICE OF THE REHABILITATED HOUSES WILL NOT EXCEED $50,000 EACH; ALLOCATING FUNDS THEREFOR FROM UNEXPENDED PREVIOUSLY ALLOCATED TENTH (10TH) YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS. WHEREAS, pursuant to Resolution No. 91-740, adopted October 3, 1991, the City Commission directed the City Manager to reallocate approximately $500,367 in unexpended Tenth (10th) Year Community Development Program funding for the purpose of providing funds to undertake the acquisition of slum and blighted properties situated at Biscayne Boulevard and Northeast 5th Avenue between Northeast 62nd and 63rd Streets in Northeast Miami; and WHEREAS, an amount of $66,482 has been expended in appraisal fees and acquisition of properties from the above funds, leaving a balance of $433,885; and CITY COMMISSION MEETING OF MAR 2 4 1994 Resolution No, °4_ 188 t WHEREAS, on February 17, 1994,'the City Commission approved the reallocation of $75,OOO from the above remaining balance for the beautification of the Biscayne West Neighborhood; and WHEREAS, the Northeast Task Force has requested that the remaining balance, in the amount of $358,885, be reallocated to the Little Haiti Housing Association to purchase properties for rehabilitation located between Northeast 61st Street and Northeast 78th Street and Northeast 4th Court and Biscayne Boulevard, Miami, Florida (Biscayne West Neighborhood); ' f 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 �`� to enter into an agreement, in a form acceptable to the City Attorney, with the Little Haiti Housing Association (Grantee), a not -for -profit corporation, to provide a grant in the amount of $358,885 for Grantee to acquire, renovate and develop low to moderate income scattered site housing in the Little Haiti neighborhood, said grant subject to Grantee providing the City Commission with a binding document stating that the selling price of the rehabilitated houses will not exceed $50,000 each, with 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. -2- 9 4 " 188