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HomeMy WebLinkAboutR-92-05393- S2 TH1_1 1 �15 LAt•J nE�'t p g t J-92-8 9/3/92 ' 4 92- 539 RESOLUTION NO. '� SOLUTION RATIFYING THE POSTPONEMENT OF T E OLLECTION FROM VIZCATRAN, LIMITED, Or T E F S REQUIRED BY SECTION 2-99(a)(2) OF T IE CO OF THE CITY OF MIAMI, FLORIDA, AS $NDED, TO EXTEND THE SUBDIVISION I ROVEME S TIME LIMIT, AS RELATED TO THE if 1ZCATRAN ARDEN" SUBDIVISION FROM JUNE 26, 1990 TO JUNE 26, 1992; FURTHER BY APPROVING T E POSTPONER T OF THE COLLECTION OF SAID F E$ TO EXTEND AID SUBDIVISION IMPROVEMENTS TIME LIMIT FROM UNE 25, 1992 TO JUNE 26, 1993,r SAID FEES TO BE PAID IN FULL BY V`I$CATRAN, LIMITED AT SUCH TIME THAT THE N�CESSARY FUNDING I SECURED BY CODEC-, INC. TO BEGIN CONSTRUCTIO WITHIN THE AFORESAID a�1BDIVISION. WHEREAS, after fulfilling t e subdivision regulations contained in Ch { the city of Miami, Florida, as amended, f "Vizcatran jGarden" was recorded in Plat requirements of the or 54.5 of the Code of subdivision entitled the Public" Records of Dade County, Flori,d4, 198b; and 129 at Page 89 of September 11, WHERE ,Ai, the aforesaid subdivision regulations equire the subdivider ito construct certain subdivision impxovemen within one (1) year from the date of approval of the plat by th City Commission; and WHERE �, the subdivider, Vizcatran, Limited, has furnished bond in th@ amount of $1.21,000.00 for the eventual. installation of the subd�vision improvements; and • P.Ec^rrsInFrED BY:.42 SE 92-- 5&9 WHEREA , the supervisor of plats has granted a request by Vizcatran, imited to extend the time limit for the completion of the subdivision Improvements from June 26, 1990 to June 261 1992; and i WHEREAp, Section 2-99(a)(2) of the Code of the City of Miami., Floz!ida, as amended, requires a fee to be charged by the Public Work6 Department for each time limit extension granted for completion lof subdivision improvements required in conjunction with a reco ded plat; and WHERE+ the supervisor of plats has allowed the postponement of the collection of said fees generated by the extension oif the time limit from June 26, 1990 to June 26, 1992 until the 'ime the developer of the site, CODEC, Inc., secures a constructiol loan with the U.S. Department of Housing and Urban Development and WHEREA , CODEC, Inc. was unable to close on said construction loan within the time limit extension granted by the supervisor bf plate; and WHEREA01 Vizcatran, Limited has requested an extension to the time li it for the completion of the subdivision improvements from June 2{6, 1992 to June 26, 1993 and the postponement of the collection !of said fees generated by this extension and the previous e�tensione until the time the necessary construction funding issecured by CODEC, Inc. to begin construction within the "Vizcatkan Garden" subdivision; i NOWt 1HEREFOAE, BE IT RESOLVED bX THE COMMISSION OP THE CITY Or MIAMI )-LORIDAt R f 1 Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto ano incorporated herein as if fully set forth in this Section. Section 2. The postponement of the collection from V,imcatran,Limited of the fees, in the amount of $12,100.00, 1 required bye Section 2-99(a)(2) of the Code of the City of Miami, s i Florida# a$ amended, to extend the subdivision improvements time limit, as ;related to the "Vizcatran Garden" Subdivision, from June 26, 19�90 to June 26, 1992 is hereby ratified. s Section 3. The postponement of the collection of said fees, in �he amount of $6,050.001, to extend said subdivision s improvements time limit from June 26, 1992 to June 26, 1993, said fees to be paid in full by Vizcatran, Limited at such time that the necess!az-y funding is secured by CODSC, Inc. to begin construction within the aforesaid subdivision to hereby approved.' Section 4. The aforesaid fees, in the amount of F $10,150.00'shall be paid in full by Vizcatran, Limited at the time the nebessary construction funding is secured by CODEC, Inc. , to begin construction within the "Vizcatran Garden" subdivision. -3- 92- 539 7�` i f SeC io 5. 'hie Resolution shall become effective immediatolys gpon its adoption. PASSED 1 AND ADOPTED this day of _- --- 1992. I ( XAVIER 14. SUAREZ, MAYOR ATTEST$ i s MATTY HIRAI, CITY CLERK SUBMITTED D�t nrw+rrrrarasa as • 1 a+"ar, Cava i►.v vs DEPARTMENT OP PUBLIC WORKS PREPARED AND APPROVED BY; ASSISTANT CITY ATTORNEY APPROVED AO,TO FORM AND CORRECTNESS$ J%• wva""''wV coca, iii CITY ATTORN Y bes:M3115 i 7 -a- 92- 539