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Home My WebLink AboutR-94-0482J-9 4.546 6/17/94 RESOLUTION NO. 9 4- 482 A RESOLUTION, WITH ATTACHMENTS, APPROVING IN PRINCIPLE, THE DESIGNATION OF THE RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORPORATION, A NOT -FOR -PROFIT CORPORATION, AS SPONSOR TO UNDERTAKE THE DEVELOPMENT OF THREE (3) NEW SINGLE FAMILY HOMES AFFORDABLE TO FAMILIES AND INDIVIDUALS OF LOW AND MODERATE INCOME ON SEVERAL CITY -OWNED VACANT PARCELS LOCATED IN THE WYNWOOD NEIGHBORHOOD, WHICH ARE MORE PARTICULARLY AND LEGALLY DESCRIBED IN THE ATTACHED EXHIBIT "A", SUBJECT TO SAID CORPORATION PROVIDING EVIDENCE ACCEPTABLE TO THE CITY OF FIRM COMMITMENTS FOR PROJECT CONSTRUCTION AND PERMANENT FINANCING; DIRECTING RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORPORATION TO PREPARE AND FINALIZE PROJECT PLANS AND SPECIFICATIONS, CONSTRUCTION AND PERMANENT FINANCING, AND CONSTRUCTION SCHEDULE TO BE SUBMITTED WITHIN TWELVE (12) MONTHS OF THE DATE OF THIS ACTION FOR FINAL CONSIDERATION AND APPROVAL BY THE CITY COMMISSION. WHEREAS, there exists in the City of Miami, a. severe shortage of housing within the affordability range of families and individuals of low and moderate income; and WHEREAS, the City Commission recognizes that participation of both the public and private sector is necessary to foster the development of housing affordable to low and moderate income families and individuals in the City; and WHEREAS, in an effort to promote the development of affordable housing in the City, the City Administration recommends the granting of development rights to the Rafael Hernandez Housing and Economic Development Corporation, for the ory w ' Resoh,tion 1Vn, development of three (3) new single family homes on the City - owned parcels, subject to certain terms and conditions 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. Rafael Hernandez Housing and Economic Development Corporation, a not -for. -profit corporation, is hereby designed, in principle, as sponsor to undertake the development of three (3) new single family homes affordable to low and moderate income families and individuals on several vacant City - owned parcels located in the Wynwood neighborhood, more particularly described in Exhibit A, subject to said corporation providing evidence acceptable to the City of firm commitments for project construction and permanent financing. Section 3. Rafael Hernandez Housing and Economic Development Corporation is hereby directed to prepare and finalize project plans and specifications, construction and permanent financing, construction schedule which shall be submitted within twelve (12) months of the date of this action for final consideration and approval by the City Commission. Section 4. This Resolution shall. become effective immediately upon its adoption. -2- PASSED AND ADOPTED this 14th day of July , 1994. STEP H P. CLARK, MPIYOR ATTE $$ MA .Y HIRAI, CITY CLERK PREPARED AND APPROVED BY: LINDA KELLY i SON ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: A. QlI N ES, I CITY A/'Fq, rNEY t 94- 482 EXHIBIT "A" Parcel No. Address Lot Size Legal Description 04-13 98 N.W. 27th Street 50 x 105 Donmoore Villa AMD P1., PB 6-7, Lot 12, Block 1 FN: 01-3125-029-0102 04-17 3431 N.W. 6th Avenue 53 x 109 Devonshire Park Sub., PB 5-21, Lot 2, Block 2 less Wly Port Lyg in R/W FN: 01-3125-020-0091 04-18 169 N.W. 35th Street 50 x 100 Wynwood Park, PB 5-23, Lot 16, Block 2 FN: 01-3125-019-0380 i CITY OF MIAMI, FLORIDA (%A INTER -OFFICE MEMORANDUM I TO: Honorable Mayor and DATE JUL -5 1994 FILE Members of the City Commission SUBJECT Resolution Relating to Development. of City -owned Parcels in Wynwood Neigh- FROMCesa io borhood City r REFERENCES City Commission Agenda ENCLOSURES. Item - July 14, 1994 I RECOMMENPATIQN : It is respectfully recommended that the City Commission adopt the attached resolution approving in principle, the designation of the Rafael Hernandez Housing and Economic Development Corporation, a not -for -profit housing corporation as sponsor to undertake the development of three (3) new single family homes on three (3) parcels of vacant land under city -ownership located in the Wynwood neighborhood. BACK zMUNQ : The Department of Development and Housing Conservation .recommends ratification of the attached resolution, approving in principle, the designation of the Rafael Hernandez Housing and Economic Development Corporation, as sponsor to undertake the development of three (3) new single family homes on three (3) parcels of vacant land currently under city -ownership in the Wynwood neighborhood. The attached resolution requires that final designation of the Rafael Hernandez Housing and Economic Development Corporation as project sponsor is predicated upon the submission within twelve (12) months, from the date of this conditional award, for the City Administration's verification and the City Commission review and approval: 1) Final, housing site plan, unit plan and specifications. 2) Verifiable evidence of firm commitments for construction and permanent financing in accordance with the sponsor's proposal to develop each parcel. C,6 / ?- l 94- 482 Honorable Mayor and i Members of the City Commission Page 2 I f { The City is in a position to assist the private sector in the development of new homeownership housing, affordable to low and moderate income families in the Wynwood neighborhood, by making three (3) parcels of vacant land currently under city -ownership available for such development. In an attempt to further promote { the development of new single family homes in the Wynwood neighborhood, City Commission ratification of the attached resolution is recommended. i 41 I . 94- 482 TRANS TLANTIc e4e�tc April 21, 1994 Mr. Cesar Odio, City Manager CITY OF MIAMI 3500 Pan American Drive Miami, Florida 33133 Dear Mr. Odio: 9f4p, g 1 MAY IY I 'i�A C®f`� [ViUNITY DEVELOPMENT T It is my pleasure to inform you that a group of banks have joined to form a consortium to provide construction financing to the Rafael Hernandez Housing & Economic Development Corp. in order to enhance the Wynwood area. Some of the banks in the consortium have also agreed to,place families into these dwellings and provide long term financing. Therefore, we are respectfully requesting that if the City of Miami owns any land that can be used for said purposes, that upon the approval of the funds from the consortium, that these lands be deeded to the Rafael Hernandez Housing. Not only would this enhance the tax base of the City but will show our concern and commitment to these neighborhoods. I sincerely appreciate your consideration and prompt attention to this matter, and should you require additional information, please. do not hesitate to contact the undersigned. Sincerely, iriam Lop .President C.E.O. cc: Mr. Frank Castaneda, Director Department of Community Development City of Miami 300 Biscayne Boulevard Way, Suite 420 Miami, Florida 33131 94- 482 FLAGLER STATION BRANCH - 48 East Flagler Street, Miami, Florida 33131.(305) 377-BANK •Telex: 514085 TRANSATBK RaLtel Hernandez Housiag and Economic P� Development Corporation 4� 2902 NAV 2 Avenue Miami, Florida 33127 (305)547-7661 June 1, 1994 Mr. Jeffery B. Hepburn Assistant Director Department of Development and Housing Conservation 300 Biscayne Blvd. Way, Suite 401 Miami, FL 33131 Dear Mr. Hepburn: On May 13, I visited your office with the purpose of discussing alternatives to begin as soon as possible a project of affordable housing in the Wynwood Area, in order to comply with the objectives of this corporation. You indicated me that the city would be willing to give us certain lots in order to build on them. Specifically were mentioned three lots as follows: 98 NW 27TH_ STREET 3431 NW 6TH AVENUE 169 NW 35TH STREET Afterwards, you told me that because of the problems with the sewer capacity it seemed to be difficult to build in those lots. Your recommendation was to discuss the matter with the officers of the Department of Environmental Resources Management,'which I did. They indicated me that most of the work to be done on the sewer would be finished by the month of September 1994 and then all the restrictions would be lifted. Based on this information we believe that it would be feasible to build on the lots that you offered. Therefore, by this means we are asking that the aforementioned lots be transferred to the Rafael Hernandez Hbusiq4 and Economic Development Corporation for the purpose of building affordable housing on them for the Wynwood Area. La j' J ...LA CASITA... � 94- 482 We are planning to use funds that would be available through a bank consortium and the $100,000.00 from the Economic Development Department that were promised to us. Please notify us of the additional steps that need to be taken, as soon as possible. Vdi , Ang 1 a�