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HomeMy WebLinkAboutR-94-0614J-94-688 8/9/94 RESOLUTION NO. 9 4 - 614 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 FOUR (4) 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 $32,200, 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 and deterioration while, at the same time, increasing housing resources; and CITY COMOSSION bMETING OF SEP 0 E 1994 Raswution N 94- 61 WHEREAS, one (1) parcel in Edison/Little River, one (1) parcel in Wynwood and two (2) parcels in Model City, 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 four (4) 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 $32,200 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 WHEREAS, the City Commission previously established a policy pursuant to Resolution No. 77-73, adopted January 27, 1977, allowing a bonus over the appraised.value to owners who sell their property to the City through a negotiated settlement in lieu of condemnation; 94- 614 -2- 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 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 PARCEL ADDRESS VALUE #1 VALUE #2 - PRICE -Edison/ 255 N.W. 51st St. $ 7,800 $ 8,000 $ 8,800 Little River (Parcel No. 07-13) Wynwood 216 N.W. 34 Terr. $ 91900 $10,200 $ 9,900 (Parcel No. 04-19) Model City 1755 N.W. 55 Terr. $ 4,700 $ 6,500 $ 7,000 (Parcel No. 02-67) Model City 1761 N.W. 55 Terr. $ 4,700 $ .60,500 $ 6,500 (Parcel No. 02-66) 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 $32,200 are hereby allocated from the Community Development Block Grant Program. Section 4. The City Manager is hereby authorized 1 to 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. 94- 614 -3- 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 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 8th day of September , 1994. STEPH N P. CLARK, MAYOR MATTY HIRAI, CITY CLE REVIEW: FRWK CAS EDA, DIRECTOR D ARTMEN OF COMMUNITY DEVELOPMENT PREPARED AND APPROVED BY: LIN A KELLY KEARSO ASSISTANT CITY AT 0RNEY APPROVED AS TO FORM AND CORRECTNESS: 94- 614 -4- PARCEL ADDRESS: PROPERTY LEGAL DESCRIPTION: FOLIO NUMBER: OWNER OF RECORD: LAND AREA: APPRAISAL NUMBER ONE: APPRAISAL NUMBER TWO: ACQUISITION COST: PARCEL ADDRESS: PROPERTY LEGAL DESCRIPTION: FOLIO NUMBER: OWNER OF RECORD: LAND AREA: APPRAISAL NUMBER ONE: APPRAISAL NUMBER TWO: ACQUISITION COST: EXHIBIT "A" 255 N.W. 51st Street RAILWY SHOPS ADD. 2ND AMID., P.B.: 3-183, Lot: 16, Block: 20 01-3124-013-3810 Willie J. and Geraldine Grice 50 x 144 $7,800 $8,000 $8,800 216 N.W. 34th Terrace WYNWOOD PARR, PB: 5-23 Lot: 3, Block: 9 01-3125-019-1500 Michael Logan 50 x 107 $9,900 $10,200 $9,900 94- 614 PARCEL ADDRESS: PROPERTY LEGAL DESCRIPTION: FOLIO NUMBER: OWNER OF RECORD: LAND AREA: APPRAISAL NUMBER ONE: APPRAISAL NUMBER TWO: ACQUISITION COST: PARCEL ADDRESS: PROPERTY LEGAL DESCRIPTION: FOLIO NUMBER: OWNER OF RECORD: LAND AREA: APPRAISAL NUMBER ONE: APPRAISAL NUMBER TWO: ACQUISITION COST: EXHIBIT "A" 1755 N.W. 55th Terrace FLORAL PARK 1ST AMID. PLAT, PB: 8-5, Lot: 18, Block: 12 01-3122-0.52-2312 Lugusta Colston 50 x 105 $4,700 $6,500 $7,000 1761 N.W. 55th Terrace FLORAL PARK 1ST AMD. PLAT, PB: 8-5, Lot: 17 less W. 1.6 Ft. of-N. 22.6 Ft., Block: 12 01-3122-052-2311 Franklin and Carolyn Bonner 5,213 S.F. $4,700 $6,500 $6,500 94- 614 CITY OF MIAMI, FLORIDA " INTER -OFFICE MEMORANDUM To : Honorable Mayor and Members DATE AUG 2 5 ;g?t) FILE of the City Commission SUBJECT Resolution Authorizing Acquisition of Four Parcels of Vacant Land Cesa Odio FROM : City ger REFERENCES City Commission Agenda ENCLOSURES: Item - September 8, 1994 MMENDATTO: It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the acquisition of four (4) parcels of vacant real property located in the Edison/Little River, Wynwood and Model City 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 $32,200 have been accepted by the owners. BACKGROUND: The Department of Development and Housing Conservation recommends ratification of the attached resolution authorizing the acquisition of four (4) parcels of vacant real property located in the Edison/Little River, Wynwood and Model City 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: CONTRACT TARGET APPRAISED APPRAISED PURCHASE AREA PARCEL ADDRESS VALUE #1 VALUE #2 -PRICE— Edison/ 255 N.W. 51st St. $ 7,800 $ 8,000 $ 8,800 Little River (Parcel No. 07-13) Wynwood 216 N.W. 34 Terr. $ 9,900 $10,200 $ 91900 (Parcel No. 04-19) Model City 1755 N.W. 55 Terr. $ 4,700' $ 6,500 $ 7,000 (Parcel No. 02-67) Model City 1761 N.W. 55 Terr. $ 4,700 $ 6,500 $ 6,500 (Parcel No. 02-66) d%g/o Total: $27,100 $31,200 $32,200 94- 614 Resolution Authorizing Acquisition of Four (4) Parcels of Vacant Land Page 2 Community Development Block Grant Land Acquisition funds which exist as an available balance previously authorized by the City Commission (Project Numer 705214), are available to defray the cost of said acquisitions in the total amount of $32,200. In view of the need to provide affordable housing opportunities to low and moderate income families in the Edison/Little River, Wynwood and Model City neighborhoods, City Commission ratification of the attached resolution is recommended.