HomeMy WebLinkAboutR-93-0734J-93-753
11/2/93
N
RESOLUTION NO.
93- 734
A RESOLUTION, WITH ATTACHMENTS, RATIFYING AND
REAFFIRMING MIAMI CITY COMMISSION RESOLUTION
NO. 93-14, ADOPTED JANUARY 14, 1993, WHEREBY
THE CITY COMMISSION APPROVED, IN PRINCIPLE,
THE DESIGNATION OF THE EAST LITTLE HAVANA
COMMUNITY DEVELOPMENT CORPORATION (A NOT -FOR -
PROFIT CORPORATION), AS THE PROJECT SPONSOR
("SPONSOR") TO UNDERTAKE THE DEVELOPMENT OF A
LOW DENSITY RESIDENTIAL HOUSING PROJECT TO BE
SITUATED ON SEVEN (7) VACANT CITY -OWNED
PARCELS LOCATED IN THE EAST LITTLE HAVANA
NEIGHBORHOOD AT S.W. 2ND AND S.W. 3RD STREETS
BETWEEN S.W. 4TH AND S.W. 5TH AVENUES, MIAMI,
FLORIDA; ESTABLISHING $238,525 AS THE
ACQUISITION AMOUNT TO BE PAID BY THE SPONSOR
TO THE CITY OF MIAMI FOR SAID PARCELS FOR THE
SUBSEQUENT DEVELOPMENT OF A TWENTY-TWO (22)
UNIT AFFORDABLE TOWNHOME PROJECT; AUTHORIZING
THE CITY MANAGER TO EXECUTE THE APPROPRIATE
LEGAL DOCUMENTS, IN FORMS ACCEPTABLE TO THE
CITY ATTORNEY, CONVEYING SAID PARCELS, MORE
PARTICULARLY AND LEGALLY DESCRIBED IN THE
ATTACHED EXHIBIT "A", TO THE SPONSOR; FURTHER
AUTHORIZING THE CITY MANAGER TO EXECUTE A
MEMORANDUM OF AGREEMENT, IN A FORM ACCEPTABLE
TO THE CITY ATTORNEY, BETWEEN THE CITY OF
MIAMI AND THE SPONSOR IN CONNECTION WITH SAID
PROJECT.
WHEREAS, there exists in the City of Miami, a severe
shortage of affordable housing for families and individuals of
low and moderate income; and
WHEREAS, the City Commission recognizes that the
participation of both the public and private sector is necessary
ATTACH E;4T(S)
CONTAINED
CITY COSIOjR
MEETING OF
NOV 2 3 1993
Aesolution Na
93- 734 {
to foster the development of affordable housing for low and
moderate income families and individuals in the City; and
WHEREAS, pursuant to Resolution No. 84-642, adopted June,
1984, the City Commission authorized the expenditure of Community
Development Block Grant 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; and
WHEREAS, in December, 1992, the East Little Havana Community
Development Corporation submitted a housing proposal to the City
for the development of an affordable townhome project on certain
city -owned parcels; and
WHEREAS, pursuant to Resolution No. 93-14, adopted
January 14, 1993, the City Commission approved the designation of
the East Little Havana Community Development Corporation as
Project Sponsor ("Sponsor") to undertake the development of a low
density residential townhome project affordable to families and
individuals of low and moderate income on the subject City -owned
parcels located at S.W. 2nd and S.W. 3rd Streets between S.W. 4th
and S.W. 5th Avenues in the East Little Havana neighborhood,
subject to said Sponsor providing evidence acceptable to the City
of firm funding commitments for project construction and
permanent financing; and
WHEREAS, the Sponsor has secured approximately $1,425,582 in
construction financing from First Nationwide Bank and Homes for
South Florida, in addition to $1,418,000 in permanent financing
from Metropolitan Dade County through the County's Documentary
-2-
93-- 734
j Surtax Program, Homes for South Florida, Greater Miami
i Neighborhoods, Inc., and the LISC Foundation in connection with
the development of said affordable housing project; and
i
WHEREAS, the City Administration recommends conveyance of
the subject parcels to the Sponsor for the purpose of moving the
1 project construction forward;
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 City Commission hereby ratifies and
reaffirms Resolution No. 93-14, adopted January 14, 1993, whereby
! the City Commission approved, in principle, the designation of
the East Little Havana Community Development Corporation (a not -
for -profit corporation), as the Project Sponsor ("Sponsor") to
undertake the development of a low density residential housing
I
project to be situated on seven (7) vacant City -owned parcels
located in the East Little Havana neighborhood at S.W. 2nd and
S.W. 3rd Streets between S.W. 4th and S.W. 5th Avenues, Miami,
Florida.
Section 3. The City Commission . hereby establishes
$238,525 as the acquisition amount to be paid by the Sponsor to
the City of Miami for said parcels for the subsequent development
of a twenty-two (22) unit affordable townhome project.
93- 734
MIS
Section 4. The City Manager is hereby authorized`/ to
1 execute the appropriate documents, in forms acceptable to the
I, City Attorney, conveying said parcels, more particularly and
legally described in the attached Exhibit "A", to the Sponsor.
Section 5. The City Manager is hereby further authorized l�
to execute a Memorandum of Agreement, in a form acceptable to the
City Attorney, between the City of Miami and the Sponsor in
i
connection with said project.
Section 6. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 23rd
ATT
MkfTY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
S E`A`N` F . JONE
ASSISTANT CI
SFJ:esk:M396
ATTORNEY
.day of November 1993.
STEP EN P. CLARK, MAYOR
APPROVED AS TO FORM AND
CORRECTNESS:
A. Qefif J ,N S, III
CITY ATTO ;Y
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.
_4_ 93- 734
EXHIBIT A
PARCEL NO.
ADDRESS
LOT
SIZE
LEGAL DESCRIPTION
11-13-03
436
SW
2nd
Street
50
x
150
Lot 5, Block 19,
City of Miami South,
P.B. B/41
11-13-04
444
SW
2nd
Street
50
x
150
Lot 61 Block 19,
City of Miami South,
P.B. B/41
11-13-05
452
SW
2nd
Street
50
x
150
Lot 7, Block 19,
City of Miami South,
P.B. B/41
11-13-d6
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
93- 14
93-- 734
P-1-11
EXHIBIT B
SW.
93— 14
93— 734
0
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