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Home My WebLink AboutR-93-0014.• J-93-3 1/7/93 r , •1r-•• -� •• • v�i1 ....VIL "1) •• :1 • t1 It � i A • • t fl �•.• 1 are, 1 • • i�• ••,.Nel � I• ' 1 "/�1 SI�I • ' 10 U V• 01.11 ) i • • •a • r ' •! 11,41 1 / D1 •• 1� ••. _.l • N' I�Ir Is U, f 1-1 LN r 11 C101 L 1;1 Z #• r . r al • � • 1 ) , 1 ar t r rat• •• • 1 WHEREAS, there exists in the City of Miami., a severe shortage of housing witi><i.n the affordability range of families and individuals of low and moderate inccm; and FAEREAS, the City Cic mission recognizes that participation of both the public and Private sector is necessary to foster the development of housing affordable to low and nWerate incalte families and individuals in the City; WE&REEAS, in Jude 1984, the City Calmission, pursuant to Resolution No. 84-642, authorized the expenditure of Cam unity Developrrent Block Grant ATTACHMENT (S) CONTAINED CITY COMMISSION MEETING OF Resolution No. 93-- 14 funds in the amount of $1,031,000 in the Model City neighborhood and an equal amount in the Little Havana neighborhood for the purpose of stimulating housing rehabilitation and new housing development in both neighborhoods; and WHEREAS, in December 1992, the East Little Havana Community Developmnt Corporation submitted a housing proposal to the City for the development of an affordable townhame project on certain City -owned parcels; and WOM�S,- in an effort to promote the development of affordable housing in the City, the City Administration reccxmrends the granting of development rights to East Little Havana Ccamuni.ty Development Corporation, for the development of an affordable housing project on certain City -owned parcels, subject to certain terms and conditions; NOW, MUMIORE, BE IT RESOLVED BY THE CCMSSION OF Tim CMT OF MIAMI, FLMDA: 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 designation of the East Little Havana Cemainity Development Corporation, a not -for -profit corporation, is hereby approved, in principle, as sponsor to undertake the developmw..nt of a low density residential townhome project affordable to families and individuals of low and moderate ,incama on several vacant City -owned parcels in the East Little Havana Neighborhood, located at Southwest 2nd and 3rd Streets between Southwest 4th and 5th Avenues, Miami, Florida, more particularly described in Exhibit "A" and Exhibit "B" attached hereto, subject to said corporation providing evidence acceptable to the City of firm commitments of funding for Project construction and permanent financing. - 2 - 93-. 14 i Section 3. The East, Tittle Havana CzmTanity Developrent Corpcaration is herby directed to prepare and finalize project plans and specifications, construction and permanent financing, construction schedule and a management plan which shall be sdmitted within twelve (12) months of the date of this Resolution .for final consideration and approval by the City Comaission. Section 4. The City Manager is hereby further authorized to negotiate with said corporation a fair return to the City for the value of said parcel predicated on a land: rehdmrsement provision. Section 5. This Resolution shall. become effective izmnediately upon its adoption. PASSED AND ADOPTED this 14 th n SM • ' o1` It ' • DID J LIE 0. Q[W ASSISTMU CITY ATIMM JOB:lad:M3365 3.993. • 91IN , to - 3 - 33- 14 ►.J Ti.i:AL). In EXHIBIT B .- sw.tz �. 93- 14 EXHIBIT A PARCEL NO. ADDRESS LOT SIZE LEGAL DESCRIPTION 11-13-03 436 SW 2nd Street 50 x 150 Lot 51 Black 191, - C i ty of Miami South, _ P.B. B/41 - 11-13-04 444 SW 2nd Street 50 x 150 Lot 6, Block 19, City of Miami South, P.B. B/41 11-13-05 452 SW 2nd Street 50 x 150 Lot 7, Block 1.9, _ City of Miami South, - P.B. B/41 11-13-06 462 SW 2nd Street 50 x 72 No. 80 ft. of Lot 8 - less N. 7.5 ft. for - St. Block 19, City of Miami South, P.B. B/41 11-14-01 421 SW 3rd Street 50 x 100 South 100 ft. lot - 18, Block 19, City of Miami South, P. B . B/41 11-14-02 427 SW 3rd Street 50 x 150 Lot 17, Block 19, _ City of Miami South, P.B. B/41 11-01 459 SW 3rd Street 50 x 150 Lot 13, Block 19, - City of Miami South, B.P. B/41 rt = CITY of MIAMI, FLORIDACA= - INTER -OFFICE MEMORANDUM = To Hdnorable Mayor and DATE RR'' q FILE Members of the City Commission ��t �Y� ;1 y SUBJECT : Resolution Relating to Development of City -Owned - '1 Parcel in East Little - FROM: REFERENCES : Havana Neighborhood _ Cesar H. Odi o City Manager �_NCLOSLIREs : City Commission Agenda Item January 14, 1993 t RECOMMENDATION: {+ it is respectfully recommended that the City Commission adopt the =f �i attached resolution relating to the development of a low density - t o residential townhome project proposed for development on seven - (i) parcels of vacant land under City -ownership located at _ - Southwest 2nd and 3rd Street between Southwest 4th and 5th = Avenues by the East Little Havana Community Development i Corporation (East Little Havana CDC) . The attached resolution approves in principle, the designation of the East Little Havana CDC, a not -for -profit housing corporation, as sponsor to undertake the development of a 20-25 unit homeownership housing project affordable to low and moderate income families and individuals on the subject City) -owned parcels. The attached resolution further requires that final designation of the aforementioned not -for -profit corporation as project sponsor is - predicated upon the submission within twelve (12)months from the i date of his conditional award for the City Administration's verification and the City Commission's review and approval: - 1) Final project site plan, unit plans and specifications. 2). verifiable evidence of firm commitments for construction and permanent financing in accordance with the project sponsor's-proposal to develop the site. 3) Land reimbursement provisions that provide a fair return to the City for value of the subject parcel. BACKGROUND: In June of 1984, the City Commission through Resolution No. 84- 542, authorized the expenditure of Community Development Block s- g Honorable Mayor and i Members of the City Commission Page 2 Grant Program funds in the amount of $1,031,000 in the Mode. City neighborhood and an equal amount in the Little Havana neighborhood, for the purpose of stimulating housing rehabilitation and new housing development activities in both neighborhoods. As a result, site acquisition surveys were conducted by City staff in an effort to identify slum and blighted properties in each of the two CDBG target areas where the expenditure of these funds would have maximum impact in reversing disinvestment and deterioration while, at the same time, increasing available s; housing resources in both neighborhoods. - Subsequently, the following parcels were acquired in the Little t'? Havana neighborhood and are under public ownership: { PARCEL NUMBER ADDRESS LOT SIZE 11-13-03 436 SW 2nd Street 50 x 150 11-13-04 444 SW 2nd Street 50 x 150 11-13-05 452 SW 2nd Street 50 x 150 11-13-06 462 SW 2nd Street 50 x 72 11-14-01 421 SW 3rd Street 50 x 100 11-14-02 427 SW 3rd Street 50 x 150 - 11-01 459 SW 3rd Street 50 x 150 - p: p The City's acquisition cost of the seven (7) parcels was $417,750. The Department of Development and Housing Conservation recommends _- ratification of the attached resolution in connection with the i` development of a low density residential townhome project sponsored for development on seven (7) vacant city -owned parcels =_ located in the East Little Havana neighborhood by the East Little t Havana CDC. The attached resolution approves in principle, the 3 desi nation of East Little Havana CDC as �! g project sponsor to undertake the development of 20-25 townhome units affordable to low and moderate income families and individuals on the - c aforementioned city -owned parcels. 4 ii 1 i - i — 9- 14 tl + 10N. Honorable Mayor and Members of the City Commission Page 3 = The said resolution further requires that final designation of =` the aforementioned not -for -profit corporation as project sponsor is predicated upon the submission within twelve (12) months from the date of this conditional award the following: 1) Final project site plan, unit plans and specifications. 2) Verifiable evidence of firm commitments for construction and permanent financing in accordance with the project sponsor's proposal to develop the subject parcel. 3) Land reimbursement provision that provides a fair return to the City for value of the subject parcel. Over the past year, the Fast Little Havana CDC has been successful in developing two (2) affordable housing projects in the Little Havana CD Target Area. The Rio Towers project is an 82 unit mixed -use project for the elderly located at 905 S.W. lst Street. The Plaza Villas project is an 11 unit townhome homeownership project located at 720-728 S.W. 2nd Street and 996 S.W. 6th Street. The City is in a position to further assist the private sector in providing affordable homeownership opportunities to low and moderate income families by making the subject city -owned parcels, capable of supporting approximately 20-25 units based on the current zoning, available for such development. In an attempt to further stimulate the development of new affordable homeownership units in the City, City Commission ratification of the attached resolution is recommended. 99- 14 11 0�� ' EAST LITT cop" 6r�"� cnfcr, November 25, 1992 ....Mr...Herb-Baily. - - Assistant City Manager 300 Biscayne Blvd. Way suite 400 Miami, Florida 33131 RE: Development rights for ELH/CaC) (City owned property in ELIO Dear Mr. Daily: t" - b nL 01TY or id11'1m DEC 0 4 1992 Dept of Devotopmont & tiausing Conscription The East Little Havana CDC has successfully completed the Plaza Villas 11 unit Townhouse Project. r The success of this project continues our overall Strategy of providing homeownership opportunities in the East Little Havana E neighborhood. To date, the organization has developed 125 units of homeownership between the Rio Plaza and Plaza Villas Projects. The success of the Plaza villas Project has generated great interest in the neighborhood for more homeowne,tship opportunities. we currently have a waiting list of over 50 prospeotive-buyers for Phase II of this development. Working closely with the City of Miami Housing Division, we can now start discussing the future development of Phase II Townhouse Development.. we feel that tht success of our Plaza Villas Project will, carry over and help us successfully market/develop the RIv Villas Project. ftio Villas will consist of IS to 20 units of two and three bedroom, two story Townhoues. The design of this project will be very consistent with tho Plaza Villas Development with various Improvements Lo this project. Our preliminary analysis indicates that we could develop is to 20 :nits at the City owned property in the East Little Havana area adjacent to Jose Marti nark. We are working with the developm"nt toam that successfully constructed and designed the Plate villas Project to do the preliminary schematic and design wt;rk for the 9'• 14 WAY) Gwar SWIC :lift. A11.1114. Fl. 33145 (!1 N)b5(�2347 ])%C--I6-132 WED A i 2' 9 8• waf P . 0 a Rio villas Project. "0 have L'eCeivod Strong indications from the noighhorhood resideiiLs encouraging and supporting the development of this project. We are requesting chat the City of Miami provide the East Little mavana CVC the development rights for the property Curreul.ly owned by the City to the neighborhood. Zt is our understanding that City currently owns seven parcels on S.W. 2nd StruwL, Wid 3rd Street buLween 4th and 5th Avenue. We would like your office to support our request before the City Commission for the development riyht-s of these parcels. If we can ascertain City of Miami approval for the development rights of these properties we can then pursue Surtax second mortgage tinaneing.and other_flnancing programs to develop this project. • q, We look forward to your asupport in our endeavor to develop more homeownership opportunities in our neighborhood, in continuing our partnership in developing more housing for the residents of East Littler Havana. If you have any questions regarding this project, please feel free to contact me at my office at 856-2547. Once again, thank you for your cooperation and support. Sincerelyt Manny Rivero Executive Director cc: Jeff Hepburn 93-- 14 N