The URL can be used to link to this page

Home My WebLink AboutR-94-0385.1J-94-404 6/9/94 W RESOLUTION NO. 94— 385.1 A RESOLUTION, WITH ATTACHMENTS, ACCEPTING THE DONATION OF VACANT REAL PROPERTY LOCATED AT 1264 N.W. 31ST STREET, MIAMI, FLORIDA, IN THE ALLAPATTAH COMMUNITY DEVELOPMENT TARGET AREA, MORE PARTICULARLY AND LEGALLY DESCRIBED IN EXHIBIT "A" ATTACHED HERETO, TO BE USED FOR THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING, SUBJECT TO EXAMINATION AND APPROVAL OF THE ABSTRACT AND THE OPINION OF TITLE FOR THE SUBJECT PROPERTY BY THE CITY ATTORNEY; ALLOCATING MONIES THEREFOR, IN AN AMOUNT NOT TO EXCEED $10,100, FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM PURSUANT TO RESOLUTION NO. 93-444, UNDER PROJECT NO. 705214, FOR PAYMENT OF UNPAID CITY OF MIAMI LIENS, RECORDING FEES AND THE COST OF TITLE INSURANCE ON THE SUBJECT PROPERTY. WHEREAS, there exists a severe shortage of standard housing in the City of Miami affordable to families and individuals of low and moderate income; and WHEREAS, on October 23, 1986, the City Commission adopted Resolution No. 86-840, which approved. implementation of the Scattered Site Affordable Housing Development Program in the City's Community Development Target Areas for the purpose of providing owner-000upied residential units within the affordable range of qualified low and moderate income purchasers; and CrTr COMUSSIOX NST1.NG OF JN n 9 1994 "Op. h 0 WHEREAS, once acquired, the subject vacant site 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; and WHEREAS, Dr. Dale Quick, Senior Vice -President of United Companies Financial Corporation, owner of a vacant parcel of land located at 1264 N.W. 31st Street, Miami, Florida ("the Property"), in the Allapattah neighborhood, which is more particularly and legally described in the attached Exhibit "A", wishes to donate the subject Property to the City of Miami, providing the City pays the unpaid City of Miami liens, in the approximate amount of $7,400, on the subject Property, plus recording fees and the cost of title insurance, for a total amount not to exceed $10,100; and WHEREAS, the City contracted with I,uke A. Ross with Ralph Ross Real Estate Company, Inc., an independent appraiser, who determined the fair market value for the subject Property to be $10,100; and WHEREAS, according to the Dade County Property Appraiser, the 1993 assessed value of the Property is $20,070; and WHEREAS, there are funds available from Project Number 705214 to defray the cost of satisfying the outstanding City of Miami liens, recording fees and title insurance, in an amount not i to exceed the appraised value of $10,100; and WHEREAS, pursuant to Resolution No. 93-444, adopted July 8, 1993, (attached hereto), the City Commission authorized the �4-5,1 -2- reallocation of approximately $500,000 in unexpended CDBG funds for the purpose of acquiring suitable housing sites throughout the City of Miami (Project Number 705214); and WHEREAS, the City of Miami is interested in acquiring land i Located in the Allapattah neighborhood for the development of housing affordable to low and moderate income families; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble of this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The donation from United Companies Financial Corporation of vacant real property located at 1264 N.W. 31st Street, Miami, Florida, in the Allapattah Community Development Target Area, at an appraised value of $10,100, (more particularly and legally described in attached Exhibit "A"), to be used for the development of low and moderate income housing is hereby accepted, subject to examination and approval of the abstract and opinion of title for the subject property by the City Attorney. Section 3. Funds in an amount not to exceed $10,100 are hereby allocated from the Community Development Block Grant Program, pursuant to Resolution No. 94-444 and Project Number 705214, for payment of unpaid City of Miami liens, recording fees and the cost of title insurance for the subject property. Section 2. This Resolution shall become effective immediately upon its adoption. -3- '34- 385.1 PASSED AND ADOPTED this 9th day of June , 1994. 4 S EPHEN P. CLARK, MAYOR i AT S 1 4 MA TY HIRAI CITY CLERK i PREPARED AND APPROVED BY: LINDA KELLY KE R 0 ASSISTANT CITY ATTORNEY I i APPROVED AS TO FORM AND CORRECTNESS: i 9. QUINN d N S , I CITY ATTO LKK:osk:M 440 -4- PARCEL ADDRESS: OWNER OF RECORD: LEGAL DESCRIPTION: FOLIO NUMBER: LAND AREA: ASSESSED VALUE: APPRAISED VALUE: 01 _NW 31 StreetjO '4 0 v 21 P., I a 016 10 To Ll r g MIN MMM ii 110 EXHIBIT "A' 1264 N.W. 31st Street, Miami, Florida United Companies Financial Corporation Lot 20, Block 6, WESTEND PARK AMD., PB 6-142 01-3126-039-1310 49 X 125 $21,070 $10,100 lei f7 ( tVl vo 4 -44- ' Up UN WrOm AIN 14 * \Q ✓-V— � s, I%b fit I OtNjjp.114�W, Z 2 .�7 17 a P 1 '63 .0 .-1 .. . . 41� - It-jv • .1 0 to MUM w w 0 P -k* 36 -P 16 11 NINE MAI L L i 4L T' Uall� IMF riamm - ELL . . . . . . . . . . I -I M - J-93-455 7/8/93 RESOLUTION N0. 9 3 -- 4 4 4 A RESOLUTION DIRECTING THE CITY MANAGER TO REALLOCATE APPROXIMATELY $500,000 IN UNEXPENDED COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FROM SEVERAL CDBG-ASSISTED HOUSING _PROJECTS' FUND BALANCES, FOR THE ;PURPOSE F,.ACQUIRING SUITABLE HOUSING - SITES Ti#R��T "' THE CITY OF MIAMI , BUT MORE PARTICULARLY FOR SEVERAL SPECIFIC SITES DESCRIBED HEREIN WHICH ARE LOCATED IN THE AREA WEST OF I-95 IN THE OVERTOWN COMMUNITY DEVELOPMENT TARGET AREA; AUTHORIZING THE CITY MANAGER TO SUBMIT AN AMENDMENTS) TO THE APPROPRIATE APPROVED COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FINAL STATEMENT(S) TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) TO REFLECT THE PROPOSED REALLOCATED AMOUNT FOR THE AOREMENTIONED PURPOSE, IF NECESSARY OR REQUIRED BY HUD; FURTHER DIRECTING THAT PURCHASE AGREEMENTS TO ACQUIRE SPECIFIC HOUSING SITES IN THE ABOVE DESIGNATED AREA(S) BE APPROVED BY THE MIAMI CITY COMMISSION. WHEREAS, in Oetober, 1986, the City Commission approved implementation of the Soattered Site Affordable Homeownership Development Program for the purpose of providing homeownership opportunities to qualified low and moderate inoome homebuyers in the City's Community Development Target Area; and WHEREAS, with the City serving as Housing Developer, it is possible to deliver. new single family homes at sales prices affordable to low and moderate inoome homebuyers; and CITY CoiMM ISSION MEE'1::%'G OF a- 385.0 1u1.-81993 N Reto lu 'cI 93- 5 WHEREAS, the Department of Development and Housing Conservation is interested in implementing the City's Scattered Site Affordable Homeownership Development Program and the City's HOME First -Time Homebuyer's Financing Program in the Overtown Community Development Target Area; and WHEREAS, it is necessary for the City to acquire suitable housing site in the western section of the Overtown neighborhood in order to implement the aforementioned homeownership programs in the area; and WHEREAS, funding in the amount of approximately $500,000 has been identified and is available from several unexpended Community Development Block Grant (CDBG) assisted housing projects as identified in the said document; and WHEREAS. theA*proposed,,,,,,eak�p,��p •usedftt00ft q sir ' `s1u "algieAl" iisi:tgqpsites throughout,; heefCir•ty4,z,but-W .more„,a�;��pularly�:h inj'�the4�2�western�sseotion t,.of:,,��;the,,,,�0.�e�town �.� �;Community.Me"lopment�-Target;,,.Area; +� NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings oontained 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 directed to reallocate unexpended Community Development Block Grant (CDBG) Funds, in the approximate amount of $500,000, from the following CDBG-Assisted Housing Projects' fund balances, for the purpose of '; -2- 94- 335.1 �3_ 4 44 acquiring suitable housing sites throughout the City of Miami, but more particularly in the area west of I-95 in the Overtown Community Development Target area: Model City Land Acquisition 702208 $134,750 Model City Land Acquisition 702206 26,325 Overtown Housing 705204 34,913 Citywide Land Acquisition 799208 40,000 Sale of Affordable Housing Units 377010 .187.690 Citywide Rehab Grant 799218 62,896• Citywide Single Family Rehab Pro. 799203 13,426 Total $500.000 Section 3. The City Manager is hereby authorized to submit an amendment(s) to the appropriate approved Community Development Block Grant Program Final Statement(s) to the United States Department of Housing and Urban Development (HUD) to reflect the proposed reallocation of CDBG funding, if necessary or required by HUD. Section 4. The City Manager is hereby further directed that purchase agreements to acquire specific housing sites in the above designated area(s) be approved by the Miami City Commission. Section 5. This Resolution shall become effective immediately upon its adoption. 94- 385.1 93- 4A4 -3- PASSED AND ADOPTED this 8th day of aujZ, 1993. ATTEST: MATTY H I CITY CLERK VIER L..)SUAREZ, MAYOR COMMUNITY PME REVIEW: FRANK CAT EDA, DIRECTOR COMMUNITY DEVELOPMENT DEPARTMENT BUDGETARY REVIEW: MANOHAR S. SIIffI�AA\ ASSISTANT CITGER FINANCIAL REVIEW: r CA S E. GARCIA, DIRECTOR DEPAR MENT OF FINANCE PREPARED AND APPROVED BY: cam' �• G,�'// — L E. MAXWgZ C IEF ASSIS ANT CITY ATTORNEY APPROVED AS TO FORM AND.CORRECTNESS: A. QUtft J N S, III CITY ATTO Y JEM:osk:M3776 94- 385.193- 444 -4-