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Home My WebLink AboutR-94-0385J-94-4'05 5/2'7/94 9 4385 RESOLUTION NO. A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO MAKE PURCHASE OFFERS, AS SPECIFIED HEREIN, AND EXECUTE AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH THE OWNERS OF THREE (3) VACANT PARCELS OF LAND LOCATED WITHIN THE CITY'S COMMUNITY DEVELOPMENT TARGET AREAS AND MORE PARTICULARLY AND LEGALLY DESCRIBED IN THE ATTACHED EXHIBIT "A", FOR A TOTAL PURCHASE PRICE OF $34,000, SAID PARCELS TO BE USED FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN CONNECTION WITH THE SCATTERED SITE AFFORDABLE HOMEOWNERSHIP DEVELOPMENT PROGRAM; ALLOCATING FUNDS THEREFOR FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM PURSUANT TO RESOLUTION NO. 93-444 UNDER PROJECT NO. 705214; AUTHORIZING THE CITY ATTORNEY TO PROCEED TO CLOSE ON THE SUBJECT PARCELS AFTER EXAMINATION OF THE ABSTRACTS AND CONFIRMATION OF TITLE. WHEREAS, there exists a severe shortage of affordable standard housing in the City of Miami for families and individuals of low and moderate income; and WHEREAS, pursuant to Resolution No. 93-944, adopted July 8, 1993, the City Commission directed the City Manager to reallocate $500,000 in unexpended Community Development Block Grant funds for the purpose of acquiring suitable housing sites throughout the City of Miami; and WHEREAS, several surveys have been conducted in an effort to identify locations in the target areas where the expenditure of these funds would have maximum impact in reversing disinvestment (DRAM Z E D CITY COIF ssIO,x MEETING OF JU N 0 9 1994 RawUSM N& 4— 385 and deterioration while, at the same time, increasing housing resources; and WHEREAS, three (3) parcels in Edison/Little River, Model City, and Coconut Grove Target Areas have been identified and recommended for the development of affordable housing for low and moderate income families; and WHEREAS, once acquired, the assembled sites will be developed by the City of Miami under the City's Scattered Site Affordable Homeownership Development Program or made available to a not -for -profit housing corporation for the purpose of developing affordable housing units in the Target Areas; and WHEREAS, the City of Miami is interested in acquiring the three (3) parcels of land as hereinabove specified and more particularly and legally described in the attached Exhibit "A" for the development of such housing; and WHEREAS, appraisals have been obtained and efforts to secure the properties for valid public and municipal purposes through negotiation should be undertaken by the City; and WHEREAS, funds are available in the total amount of $34,000 from Community Development Block Grant funds for land acquisition costs in connection with the Program; and WHEREAS, the amounts set forth in Exhibit "A" are reasonable and in keeping with the costs of acquiring property through the normal negotiation process; and NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: 34- 385 -2- 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 following offers, as indicated, are hereby authorized to be made to the owners of the subject properties in the amounts as indicated below: CONTRACT TARGET APPRAISED APPRAISED PURCHASE AREA PARCEL ADDRESS VALUE #1 VALUE #2 PRICE Edison/ 6721 NW 5th Avenue $16,000 $10,900 $10,900 Little River (Parcel No. 07-09) Model City 1758 N.W. 48 Street $10,100 $ 7,900 $10,100 (Parcel No. 02-61) Coconut 3152 Plaza Street $17,500 $13,000 $13,000 Grove (Parcel No. 05-18) Section 3. Land acquisition funds, previously authorized by the City Commission, pursuant to Resolution No. 93-444 under Project Number 705214, in the amount of $34,000 are hereby allocated from the Community Development Block Grant Program. Section 4. The City Manager is hereby authorized 1 to execute an Agreement of Purchase and Sale ("Agreement"), in a form acceptable to the City Attorney, for each of the subject properties at the costs stated in Exhibit "A", and to disburse 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. 34- 385 -3- the sum(s) of money in accordance with the City Commission's authorization and the Agreement. Section 5. The City Attorney is hereby authorized to proceed to close on said properties after receiving confirmation of marketable and insurable title pursuant to the Agreement. Section 6. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 9th day of June a 1994. 4i C.-S STEPHEY P. CLARK, MAYOR ATTES . r MATTY HIRAI, CITY CLERK COMMUNITY DEVE- ENT/AEVIEW: FRANK gA-STAN-ED DIRECTOR COMMUNITY DEVE PMENT DEPARTMENT PREPARED AND APPROVED BY: t LINDA KELLY KEAFjSON - ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: r iiWi�iiiWrAILFA�JFANFI i 16 • `�4SWUNW9 OWAIM yr' -4- ?4- 385 EXHIBIT "A" PARCEL ADDRESS: 6721 N.W. 5th Avenue PROPERTY LEGAL DESCRIPTION SEVENTH AVENUE HIGHLANDS, P.B. 14-13, Lots 12 and 13, Block 3 FOLIO NUMBER: 01-3113-024-2450 OWNER OF RECORD: Moses R. and Annie L. Wilson LAND AREA: 80 x 101 APPRAISAL NUMBER ONE: $16,000 APPRAISAL NUMBER TWO: $10,900 ACQUISITION COST: $10,900 MODEL CITY COMMUNITY DEVELOPMENT TARGET AREA PARCEL ADDRESS: PROPERTY LEGAL DESCRIPTION 1' FOLIO NUMBER: 1 OWNER OF RECORD: LAND AREA: APPRAISAL NUMBER ONE: 1 APPRAISAL NUMBER TWO: I ACOUISITION COST: 1758 N.W. 48th Street 17TH AVENUE MANOR 1ST ADD, P.B. 19-21, Lot 7 and E. 22 ft. Lot 6 Block 1 01-3122-046-0050 Cleo George Reynolds 66 x 109 $10,100 $ 7,900 $10,100 94- 385 EXHIBIT "A" PARCEL ADDRESS: 3152 Plaza Street PROPERTY LEGAL DESCRIPTION CARTERS ADDN TO C GR, P.B. 2- 101, Lots 11 and 12, Block 6 FOLIO NUMBER: 01-4121-002-1301 OWNER OF RECORD: Dr. Murray Heiken LAND AREA: 60 x 110 APPRAISAL NUMBER ONE: $17,500 APPRAISAL NUMBER TWO: $13,000 ACQUISITION COST: $13,000 94- 385 CITY OF MIAMI, FLORIDA CAM26 INTER-OFFICE MEMORANDUM TO Honorable Mayor and Members DATE . MAY 31 1994 FILE of the City Commission SUBJECT Resolution Authorizing Acquisition of Three Parcels of Vacant Land Cesar H..Od' FROM : REFERENCES: City Manas City Commission Agenda V` ENCLOSURES: j Item - June 9, 1994 It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the acquisition of three (3) parcels of vacant real property located in the Edison/Little River, Model City, and Coconut Grove Community Development Target Areas, for the purpose of developing new single family, owner - occupied housing units under the City's Scattered Site Affordable Homeownership Development Program. Based on a negotiated purchase settlement with the respective property owners, purchase offers in the total amount of $34,000 have been accepted by the owners. The Department of Development and Housing Conversation recommends ratification of ' the attached resolution authorizing the acquisition of three (3) parcels of vacant real property located in the Edison/Little River, Model City, and Coconut Grove Community Development Target Areas for the purpose of developing new single family, owner -occupied housing units under the City's Scattered Site Affordable Homeownership Development Program. The City contracted with two (2) independent appraisers to determine fair market value for the subject properties. The appraised values and accepted purchase price are as follows: 94- 385 Resolution Authorizing Acquisition of Three (3) Parcels of Vacant Land Page -2- CONTRACT TARGET AREA PARCEL ADDRESS APPRAISED VALUE #1 APPRAISED VALUE #2 PURCHASE PRICE Edison/ 6721 NW 5th Avenue $16,000 $10,900 $10,900 Little River i (Parcel No. 07-09) j Model City 1758 N.W. 48 Street $10,100 $ 7,900 $10,100 (Parcel No. 02-61) Coconut 3152 Plaza Street $17,500 $13,000 $13,000 Grove (Parcel No. 05-18) j Total: $43,600 $31,800 $34,000 Community Development Block Grant Land Acquisition funds which exist as an available balance previously authorized by the City Commission (Project Number 705214), are available to defray the cost of said acquisitions in the total amount of $34,000. In view of the need to provide affordable housing opportunities to low and moderate income families in the Edison/Little River, Model City, and Coconut Grove neighborhoods, City Commission ratification of the attached resolution is recommended. i c72 94- 385