HomeMy WebLinkAboutR-92-0294J-92-278
5/7/92
RESOLUTION NO.
92-- 294
A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING
THE CITY MANAGER TO MAKE AN OFFER AND EXECUTE
AN AGREEMENT, IN SUBSTANTIALLY THE ATTACHED
FORM, WITH THE PROPERTY OWNER FOR ACQUISITION
OF ONE PARCEL (PARCEL NO. 02-60) WITHIN THE
MODEL CITY COMMUNITY DEVELOPMENT TARGET AREA,
AND WHICH IS MORE PARTICULARLY AND LEGALLY
DESCRIBED IN THE ATTACHED EXHIBITS "A" AND
"B", TO BE USED FOR THE DEVELOPMENT OF
HOUSING LOW AND MODERATE INCOME FAMILIES IN
CONNECTION WITH THE MODEL CITY/LITTLE HAVANA
DEMONSTRATION PROGRAM; ALLOCATING FUNDS IN
AN AMOUNT NOT TO EXCEED $9,680 FROM THE LOTH
YEAR COMMUNITY DEVELOPMENT BLOCK GRANT
PROGRAM UNDER THE MODEL CITY/LITTLE HAVANA
DEMONSTRATION PROGRAM, PROJECT NUMBER 321025,
INDEX CODE 599101, FOR ACQUISITION OF THE
SUBJECT PROPERTY; AND AUTHORIZING THE CITY
ATTORNEY TO PROCEED TO CLOSE ON THE SUBJECT
PARCEL AFTER EXAMINATION OF THE ABSTRACT AND
CONFIRMATION OF AN OPINION OF TITLE.
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, 1992 Capital Improvement Ordinance No. 10938,
adopted December 5, 1991, appropriated $1,000,000 in loth Year
Community Development Block Grant funds, and monies are available
for the proposed amount of the contract under Capital Project
No. 321025 of said Ordinance; and
WHEREAS, several surveys have been conducted in an effort to
identify locations in the target areas where the expenditure of
ATTACHMENIT (a)
CONTAINED
CITY COMMISSION
MEETING OF
MAY 1 4 199?
Resolution 110.
92- 294
these funds would have maximum impact in reversing disinvestment
and deterioration while, at the same time, increasing housing
resources; and
WHEREAS, the parcel identified for acquisition in the Model
City Target Area is located in the area targeted for
revitalization; 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 Model City Target
Area; and
WHEREAS, one
(1)
parcel
in the Model
City Community
Development Target
Area
has been
identified and
recommended for
the development of housing affordable to low and moderate income
families; and
WHEREAS, the City of Miami is interested in acquiring one
(1) parcel of land located in the Model City neighborhood which
is more particularly and legally described in the attached
Exhibits "A" and "B" for the development of such housing; and
WHEREAS, an appraisal has been obtained and efforts to
seoure the property for valid public and munioipal purposes
through negotiation should be undertaken by the City; and
WHEREAS, funds are available in the total amount of $9,880
from loth Year Community Development Block Grant funds for land
acquisition costs in connection with the Program; and
-2- 92- 294
i
WHEREAS, the amount set forth in Exhibit "A" is reasonable
and in keeping with the costs of acquiring property through the
normal negotiation process;
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 following offer as indioated is hereby
authorized to be made to the owner of the subject property in the
amount as indicated below:
.h• SM4" h+4
TARGET APPRAISED PURCHASE
ASS®_ PARCEL ADDRE6S o VALUE PRICE
Model 1860 NW 81st Street Geneva Henry $8,800 $9,680
City Miami, Florida
Section 3. An amount not to exceed $9,680 of Tenth Year
Community Development Block Grant land acquisition funds which
exist as an available balance previously authorized by the City
Commission (Project Number 321025, Index Code 599101). is hereby
allocated to defray the cost of said acquisition.
Section 4. The City Attorney is hereby authorized to
proceed to close on said property after examination of the
abstract and confirmation of an Opinion of Title. If approved by
the City Attorney, the City Manager is hereby authorized to
execute the appropriately attached Agreement of Purchase and Sale
of the subject property identified at the cost stated in Exhibit
-3-
92- 294
"A" and to disburse the sum(s) of money in accordance with the
City Commission's authorization.
Section 5. This Resolution shall become effeotive
immediately upon its adoption.
PASSED AND ADOPTED this 14th day of May,1992.
XAVIER T-,' dUARELf, MAYOR
ATTE
MAT HIRAI, CITY CLERK
COMMUNITY D LOPM NT REVIEW:
PPAMktA TAN%DA, DIRECTOR
COXMftNITY DEVELOPMENT DEPARTMENT
PREPARED AND APPROVED BY:
JO L E. MAXW
C EF ASSIST CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
J II
CITY ATTO
7
JEM/rm/osk/M2908
-j
-4-
CAPITAL IMPROVEMENT
REVT.
-EDUACM RODRIPUEZ
CIF PROJECT MANAGER
92-- 294
EXHIBIT "A"
AGREEMENT OF PURCHASE AND SALE
THIS AGREEMENT entered into this day of ,
1992, by and between THE CITY OF MIAMI, Dade County, Florida, a
Municipal Corporation of the State of Florida, hereinafter
referred to as "CITY," and GENEVA HENRY, residing/located at 1560
Northwest 51st Street, Miami, Florida 33142, hereinafter raferr.?d
to as "SELLER."
W I T N E S S E T H:
WHEREAS, the SELLER is owner of the land (real property)
more fully described as 1560 Northwest 51st Street, Lot: 9,
Block: 2, Fairhaven Gardens, Plat Book: 6/76, Folio Number 01-
3123-014-0281, and
WHEREAS, the CITY desires to purchase said property located
at 1560 Northwest 51st Street (Parcel No. 02-60) for use in
conjunction with the affordable housing program in the City of
Miami.
NOW, THEREFORE, in consideration of the sum of One Hundred
Dollars ($100), and other good and valuable consideration, it is
hereby covenanted and agreed between the parties as follows:
1. In consideration of the CITY paying the SELLER the sum
of Nine Thousand Six Hundred Eighty Dollars ($9,680),
the SELLER shall, by General Warranty Deed, convey to
the CITY good, marketable and insurable title, free of
liens and encumbrances to that certain real property,
(together with the improvements, hereditaments and
appurtenances attached thereto).
2. The CITY shall pay the SELLER the sum set forth in
p,}ragraph (1) hereof, minus any sums to be held or given
to others pursuant to the terms of this Agreement, by
CITY Warrant at the closing within one hundred eighty
(180) days f roin the date of the execution of this
Agreement by the CITY and SELLER.
3. All taxes and assessments of record for the year 1992
shall be prorated as of the date of closing, and shall
be paid or satisfied by the SELLER prior to closing.
4. All certified liens, encumbrances and charges of record
against the real property, and all pending liens against
the real property, shall be paid or satisfied by the
SELLER prior to closing.
5. The SELLER agrees that loss or damage to the property by
fire or other casualty, or acts of God, shall be at the
risk of the SELLER until the title to the land and deed
92- 294
11. The SELLER understands that this offer has been approved
by the City Commission of the City of Miami, Florida by
Resolution No.
12. if this is not executed by both parties to the Agreement
on or before June 30, 1992, this offer shall thereafter
be null and void. The date of the contract shall be the
date when the last one of the CITY and SELLER has signed
this offer.
13. The $100 deposit delivered to the SELLER at the time of
execution of this Agreement shall act as a deposit on
this transaction and, upon closing, shall he credited
against the purchase price to be paid at time of
closing.
14. Within fifteen (15) days from date of execution of this
Agreement, the SELLER shall cause to be delivered to the
CITY the abstract of title to the real property brought
to the date hereof.
15. Documentary Stamps and surtax on the deed and the cost
of recording any corrective instruments shall be paid by
SELLER.
Dated the date first written above.
ATTEST:
BY
ATTEST:
MATTY HIRAI, CITY CLERK
APPROVED AS TO FROM AND CORRECTNESS:
A. QUINN JONES, III
City Attorney
— 3 —
SELLER: Geneva Henry
BY
CITY OF MIAMI, a Municipal
Corporation of -the State of
Florida
BY
CESAR H. ODIO, CITY MANAGER
92- 294
_.1
EXHIBIT "A"
MODEL CITY COMMUNITY
DEVELOPMENT TARGET AREA
PARCEL NO. 02-60
PARCEL ADDRESS:
1560 Northwest 51st Street
PROPERTY LEGAL DESCRIPTIOM:
Lot: 9, Block: 2, Fairhaven
Gar,iens, Plat Rook: 5/76
FOLIO NUMBER:
01-3123-014-0281
OWNER OF RECORD:
Geneva Henry
LAND AREA:
50 x 112
APPRAISED VALUE:
$8,800
ACQUISITION COST:
$9,680 - The acquisition cost
reflects the appraised value
plus a 10% bonus.
92_ 294
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CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO Honorable Mayor and Members
of the City Commission
Ae�,e�
FROM, Cesar H. Odio
City Manager
RECOMMENDATION:
DATE A 0� 2 J 1992 FILE
Resolution Authorizing
SUBJECT : One Parcel of Land in
Model City
REFERENCES! City Commission Agenda
Item
ENCLOSURES.
It is respectfully recommended that the City Commission adopt the
attached resolution authorizing the acquisition of one (1) parcel
of real property located in the Model City Community Development
Target Area, for the purpose of developing new single family,
owner -occupied housing units in the Model City neighborhood under
the City's Scattered Site Affordable Homeownership Development
Program. Based on a negotiated purchase settlement with the
respective property owner, a purchase offer in the total amount of
$9,680 has been accepted by the property owner for acquisition of
the said parcel.
BACKGROUND:
The Department of Development and Housing Conservation recommends
ratification of the attached resolution authorizing the acquisition
of one (1) parcel of real property located in the Model City
neighborhood, in connection with the development of one (1) new
single family, owner -occupied housing unit under the City's
Scattered Site Affordable Homeownership Development Program. Based
on a negotiated purchase settlement with the respective property
owner, a purchase offer in the total amount of $9,680 has been
accepted by the property owner for acquisition of the said parcel.
Tenth Year Community Development Block Grant Land Acquisition funds
which exist as an available balance previously authorized by the
City Commission for site acquisition are available to fund the cost
of acquiring the subject parcel.
In view of the need to provide affordable homeownership
opportunities to low and moderate income families in the Model City
neighborhood, in connection with the City's Scattered Site
Affordable Homeownership Program, City Commission ratification of
the attached resolution is recommended.
`, •�- 294
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