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HomeMy WebLinkAboutR-90-0132J-90-185 2/7/90 RESOLUTION NO. 9- 0--°0132 A RESOLUTION CONCERNING THE MARCH OF DIMES WALK AMERICA TO BE CONDUCTED BY THE MARCH OF DIMES ON APRIL 7, 1990, PROVIDING FOR THE CLOSURE OF DESIGNATED STREETS TO THROUGH VEHICULAR TRAFFIC AND THE USE OF CERTAIN STREETS AND THOROUGHFARES DURING THE WALK-A- THON SUBJECT TO THE ISSUANCE OF PERMITS BY THE DEPARTMENTS OF POLICE AND FIRE, RESCUE AND INSPECTION SERVICES; FURTHER WAIVING PARK PERMIT FEES AND EQUIPMENT RENTAL; FURTHER ESTABLISHING AN AREA PROHIBITED TO RETAIL PEDDLERS DURING THE PERIOD OF THE EVENT; CONDITIONED UPON ORGANIZERS PAYING FOR THE NECESSARY COSTS OF CITY SERVICES ASSOCIATED WITH SAID EVENT AND THE REQUIREMENT THAT THE CITY WILL BE INSURED AGAINST ANY POTENTIAL LIABILITY. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section I. In order to effectuate safe passage and during the March of Dimes Walk America, to be conducted by the March of Dimes, the following streets are hereby closed to through vehicular traffic from 8:30 A.M. to 9:00 A.M. April 7, 1990 as specified below: McFarlane Road and Main Highway Included in the herein closure are all streets, avenues, alleys, ways and thoroughfares which intersect the enumerated areas delineated in this Section. Section 2. Such closing of streets is subject to State approval and issuance of permits by the Departments of Police and Fire, Rescue and Inspection Services. Said permit from the Department of Police is to be issued upon the full approval of the Chief of Police after giving all due consideration to safety and traffic needs of residents, businesses, and religious institutions in the area for entering and crossing through said arterials and upon the favorable exercise of the City Manager's judgement predicated upon all factors set forth herein. CITY COMMISSIO14 MEETING OF FEB ..7 1990 Section 3. The Police Department is hereby authorized to control traffic flow on the streets to be utilized as part of the race course. McFarlane Road from Main Highway to North Prospect Drive. Section 4. The partial use of streets in Coconut Grove during said event is hereby approved , subject to the exercise`of complete control over such use by the Department of Police after giving all due consideration to the safety and traffic needs of residents, businesses, and religious institutions in the area for entering and crossing through said arterials. Section 5. Pursuant to the provisions of City Code Section 39-13, all retail peddlers' occupational licenses issued under the provisions of Chapter 31 of the City Code, as amended, will not be valid during said event during the hours specified in St ction 1. Section 6. Such authorizations are hereby conditioned upon the organizers paying for all cost of City services associated with said event and the requirement that the City be insured against any potential liability. Section 7. This Resolution shall become immediately upon its adoption. effective PASSED AND ADOPTED this 7th day of ebruary 1990. XA'VIER L. A Z, MA R ATTE Ltto�� MATTY HIRAI, CITY CLERK PREPARED AND APPROVED BY: ALBERTINE B. SMITH CHIEF ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: d0 I OF. F RNAN CI ATTO EY -2- 2 7 - .+n • . • 1. I �•n�.w r,�i '� '� n F t J�1 •1!! w _ �' ull ill L s37: riiJ I �U ri,�wl l: �.l ul� '��+. •, � ' 3ra,vard Dade li Di �is=nns 1 ! r South Florida Chapter I I` 900 Northeast i25th Street. Sulte 200 � North I l2ml. Florida 33161.5714 Telephone 305/895.3300 Dade 305/522-4203 Oroward January 16, 1990 Mr. Cesar H. Odio City Manager City of Miami 3500 Pan American Drive Miami, Florida 33133 Dear Mr. Odio: On April 7, 1990, the March of Dimes Birth Defects Foundation will be conducting its 20th Annual WalkAmerica event. As has been done over the past five years, we would like to be put on the commissioners' Agenda for February 8, 1990 to request the following: 1. Permission to use route as shown on attached :nap. 2. Street closure during the hours of 8:30 a.m. - 9:00 a.m. (or until walkers have passed through McFarlane and Main Highway). 3. Restriction of peddlers from selling in immediate area of Peacock Park (additional police support is not expected as volunteers are coordinating event). 4. Fee waivers for Peacock Park - $25. ; Glass House - $75.00; Meyers Park - $25.00; Merry Christmas Park - $25.00; equipment fee waivers for showmobile - $90.00 and portable stage - $180.00. 5. We would need an on duty Fire Rescue Unit to be at Peacock Park for approximately 1-1/2 hours in the A.M. and 1-1/2 hours in the P.M. 01 6. Beer waiver. llA, M 0 Thank you very much for your assistance. WalkAmerica in Miami raised over $850,000 in 1989. It is ,anticipated that 10,000 volunteers will be raising $1,000,00o this year. WalkAmerica is the largest fundraising event that the March of Dimes conducts on a yearly basis and will do much to further its Campaign for Healthier Babies in 1990. For Healthier Babies, eanne A. Watkins Community Director Attachment cc: Xavier L. Suarez, Mayor Miller J. Dawkins, Vice Mayor Miriam Alonzo, Commissioner Victor H. Ds Yurre, Commissioner J.L. Plummer, Jr., Commissioner Espe Avelos, Dept. of Community Dwrelopment Hanna J.L. Pink, Chapter Director MOD Cheryl A. Virgo, Director of Development MOD r Mr. Cesar Odio, ?Man.tfl� City Of Miami. 3500 Pan American Drive Miami, Fl, 33133 Dear Mr. Odto: January 5 1990 This is to request that Creation Ballet Co. be included in the agenda at the next City Commission Meeting on Feb. 9, 1990, In view of the performenc es on March 24 and 25, at the Manuel Artime Performing Arts Center, where we will present the premier of two cubmn ballet. "Como la Palma`, with original music and "Boleros". Also for the first time we will have the participation of .members of the principal ballet Company of the City of Ocala, F1., making their debut in Miami and sharing the program with our Company. The Importance of this program and Its Cultural Impact is the reason we are asking to be considered, for assistance from the City of Miami, including °a fee waiver of the Manuel Artlme Performing Art Center. Information about Creation Ballet Co., a non-profit, tax exempt, Miami based ballet Co. organization was mailed to Ms. Espe Avalos. Additional information wilt be mailed to the Mayor and all Commissioners before the Feb. 9, 1990 meeti%Creetion Ballet Co., produces Annual Hispanic Ballet, which consists of various events taking place in different areas of this Community. Please let us know, at your earliest convenience, if you require additional information in order to be Included in the agenda. Thank you for your consideration and support. Sincerely, Pedro Pabi PoPeeliaa Artistic Director GREATIGM UAULET SCHOOL 6 COMPANY 957 S.W. 97th Avenue Mlaml, Florl4a 33145 Phane: (305) 649-2619 An Diaz Associate Di or a Sec., & Public Relations MU/al cc; Mayor and City Commissioners Aurelio Perez Lufones, Agenda Coodinator. 33 u BUDGET FOR TWO PERFORMANCES THEATRE FEE TECHNICIAN REHEARSALS FEE ARTISTIC (10 DANCERS) PLUS GUESTS MUSIC AND COMPOSER COSTUMES GUEST TRANSPORTA►TIO� SCENOGRAPHY VIDEO LODGING & MEAD. FOR GUESTS PROGRAM PRINTING INSURANCE ADVERTISEMENT WITH PUBLIC SERVICE FROM CHANNELS 23, 7, 17, 51, WQBA RADIO, EL NUEVO HERALD AND D I AR I O DE LAS AMER I CAS NEWSPAPERS TOTAL $700.00 $360.00 $200.00 $3200.00 $600.00 $ 1000.00 $350.00 $800.00 $300.00 $670.00 $1570.00 $250.00 $3500.00 ------------ $13,500.00 1.3 Dr. William Perry PRESIDENT Father lomph Fenaioll VICE-PRESIDENT Wiihelmina lenninga SECRETARY Cleornle Bloomtiald TREASURER MEMBERS Ann -Marie Adker Donald F. Benjamin Patricia Braynon Alma Brown Iacqui Colyer Brother Paul lohnson George Knox Robert Kalimky Bernke Sawyer William Sawyer Rev. John F. White 34 ` To. ` ODIO. Ity Manager Duo ...... ._ From: CESAR N. v PLEASE: • �J Follow-uP. ✓p See me on this issue. p Prepsre reply for . MY signature. January 17th, 1990 p Reply. p Other Mr. Cesar Odio City Manager City of Miami 35M Pan American Drive Miami, FL 33133 Dear Mr. Odio, The Working Committee of the Overtown Advisory Board, Inc. would like to make a presentation to the City Com;rission regarding Tax Increment Financing and Overtown. You may contact Mrs Ann -Marie Adker at 358-7337 or reply to met P.O. Box 0158W, Miami, FL 33101. Ann -Marie Adker SECRETARIAT r� Donald F. Benjamin, AICP Acting President DFB/nvc cc: The Honorable Xavier Saurez, Mayor The City Commissioners: The Honorable Victor H. De Yurre The Honorable Miller J. Dawkins The Honorable J.L. Plummer, Jr. The Honorable Miriam Alanso I< 407 N.W. Ath Simpt. Miami FI ii19R U W _ OV KTOWN ADVISORY BOARD, INC. y a A PRESENTATION TO.THE CITY'COMMISSION CITY OF MIAMI ON TAX INCREMENT FINANCING AND OVERTOWN: A TRUE BLESSING IF THE CITY OF MIAMI IS WILLING!. BY DONALD F. BENaAMIN, AICP I NTER I If 'PRES I DENT OVERTOWN ADVISORY BOARD, INC. submitted into the Public record in connection 'th item 6 L+ on atty Him City Clerk 0 2 •a ra The Overtowa Advisory Board, Inc. has repeatedly expressed it$ concerns regarding the intent and use of tax increment funds. - We have always been told that these funds will be used for the development of Overtown, and we find more and more that the funds are being used only in the limited area of The Southeast Overtown Park 'West Project which does not really benefit the rest of Overtown. We had hoped that a significant objective of developing the tax increment financing mechanism was to determine.the fiscal consequences of stepping up the scope and pace of attack on long unresolved problems of the physical/environmental blight in Overtown and the social/economic distress of its residents. The City of Miami has committed considerable financial resources .to the SS Overtown/Park West Redevelopment Project. The City's initiatives have been largely supported with federal, state and municipal funds, and have focussed on a relatively small Phase I redevelopment area within a larger tax increment redevelopment financing district. The financing district was established jointly by Metropolitan Dade County and the City of Miami in 1980. However, tax revenue increments and related redevelopment bond financing have not played a significant role in the redevelopment funding of the rest of Overtown. There is a strong case for Metropolitan Dade County and the City of Miami to approve additional areas for talc increment redevelopment financing; this could be dove either as an amendment to the existing district, or as an independent financial and administrative unit. Significant potential for long-term revenue growth exists but there has been no estimate of potential residential or commercial facilities rehabilitation and related investment and property values appreciation. A 30year period of projection to relate to logical periods for the amortization of redevelopment bonds could be developed. Using the City of Miami averages for assessed property values for different uses, rough estimates can be made of the total assessed values for existing properties in the Overtown area. Similar estimates of assessed values for recommended new development can be based on comparable current property values for proposed residential development and a large percentage of the construction cost for proposed commercial development. Assuming a small percentage constant annual rate of property appreciation and inflation combined, estimates of tax revenue increments may be computed as the positive difference between tax revenues for the base year and subsequent years. The estimated tax increment revenue for each year is then added up to get the cumulative tax increment growth in any given year during the 30-year period. The annual increment of the existing redevelopment financing district could reach to well over $200 million. Careful review will dramatically illustrate the fiscal advantages of moving beyond the limiting confines of the SS Overtown./Park West Phase I redevelopment program. The much larger expanded district will bring into play a multiplicity of small-scale and large-scale property improvement programs with both deeper and wider support. The enlarged area will also take advantage of future assessed values appreciation across bigger bases of existing property values. If these page 1 of page 1 of 4 90-0132*2 ra projections include the potential revenue increases attributable to residential and commercial structures rehabilitation, the fiscal impact superiority could be seven more pronounced. Obviously gross projections of revenue growth will. be offset by the demands of any tax -basted public financing that may be required to support the recommended Overtown improvement programs. Time emphasis of this evaluation is on measuring the combined cost/financing burdens of the governmental sectors i.e., without any attempt to identify the separate responsibilities of the City of Miami, Metro - Dade County, and the state and federal governments. The total anticipated new residential and comercial development program build out through the year 2000 - i.e., in the combined financing district components and exclusive of building rehabilitation and re -uses of vacant structures - may estimate an overall private and public investment in the order of magnitude of more than*$600 million. Based on national experience in similar large-scale center city revitalization programs, the public -private investment ratio for fntmce activities is likely to be in the range of 1:4 or 1:5. A coordinated inter governmental cost sharing and financing strategy could be pursued by the concerned Metro -Dade County and City of Miami governmental. jurisdictions. As in similar major urban revitalization financing programs, the Overtown fundrelaing strategy would pursue the following general principles: Minimize general obligation debt financing and spread costs over time and across multiple funding programs. Rely upon current capital spending where possible. Pursue optimal shares of non local support from federal and state program funds. --Commit both local and non -local public funds against concurrent and/or firmly committed private investment, thus generating increased public revenue sources. The tax increment redevelopment financing scenario depicted above illustrates the considerable margin of flexibility that would exist for the Metro -Dade County and City of Miami governmental units to work out mutually agreeable cost --sharing and financing policies. While there will be greater total public investment cost exposure in any recommended Overtown action program, more diversified marketing and # implementation approaches will. generate better options for leveraging concurrent private investment, thus reducing public investment risks and increasing net economic returns. page 2 of 4 90-OJL 2',J N. To accomplish a broader Overtown development program, several alternative public debt financial, strategies must be considered. Branded tax increment bond financing. This option would place primary emphasis on long-term tax increment revenue bond financing. It will require a change of Metropolitan Dade County policy and priorities vis-a"v s the establishment of new tax increment redevelopment districts and commensurate support from the Miami business community and the general public. Coo rdtive general obligation bond financing. -This approach would emphasise general obligation bonds GO Bonds jointly backed by the full faith and credit of the City of Miami and Metropolitan Dade County based on their pro-rata shares of revenues currently generated in the expanded redevelopment area. This option would increase bond marketability and reduce interest rates and amortization costs. The two governments could agree to garner tax increments in a trust fund as the first source of debt service payments. If: these were insufficient at any given point in time, general revenues of each jurisdiction would be pledged to meet the district tax increment shortfalls. A further advantage of this scheme is that it offers a more predictable basis for releasing generated tax revenue surpluses to support normal government services. Composite revenue bond financiU. This offers a strategy similar to the tax - based options described above in combination with a package of complementary intergovernmental financing for items of development cost which will generate - revenue sources, such as housing mortgage revenue bonds, utility bonds, parking bonds, etc. This would enable the Dade County Public Health Trust, the Dade County School Board, and the Metrorail system to all join in collateral pledges - or underwriting of financing elements benefitting their facilities or employees (e.g., housing assistance and public amenities, transit station improvements, etc.). Obviously, further objective professional assessment of an Overtown action program financing needs and strategies is absolutely essential. For many years, the neighborhood and people of the once viable Overtown community have been in the path of cries -crossing regional transportation projects and piece -meal urban development. Well-intentioned improvement programs worked at cross-purposes with one another as well as with the needs of the neighborhood. Although millions of dollars have already been spent on planning and development, it is overwhelmingly clear that downtown Miami has lost more than it gained in this highly visible Overtown community which appears to be still resistive to private market investment. Beyond the significant tax revenues that will be generated in the new expanded redevelopment district, other potential benefits include: neighborhood self-help economic and social development to promote opportunities for jobs, training, recreation, etc.; production of housing and support services; increased operating viability of the Metrorail system and the Miami Sports Arena; and a stronger footing for attacking problems of drugs and crime. Ultimately, Overtown will again become a community with diverse cultural and entertainment assets while attracting many new residents who enjoy urban lifestyles. page 3 of 4 Overtowa sill be able to serve as an attractive residential and economic area for downtma Miami's New World Center outreach. N.B. The information used in this analysis is taken from-;-IHE:OVERTOWN CONNECTION: OPP RTUHM TOR'. An •Pmmss a study undertaken in, 1988 by the FWRIDA CENM for Urban Design and Research. David A. mane. FAIR. AICPq Director. page 4 of 4 I 36 CAMARA DE TURISMO DE LAS AW.Kit.: . CHAMBER OF TOURISM OF ��',H�-A r Moiling A&COiLtq. Nx,'3PQ35191ami;1133135 USA -= Ph6nb (305) "1-1850 December 21th., 1989 Mr. Agenda Director City of Miami The Chamber of Tourism of the Americas, Inc. a minority corporation promoting tourism for the City of Miami in Latin America, requests $100,000 from the the City's portion of the 2% Tourism Room Bed Tax collected 1989-90. Sinm-erely, Waldo PER Z-PERiEZ Executive Director U • 37 - CITY OF MIAM1. FLORIDA • INT l4.OFFIC.E.AEMORANDUM TO; Cesar odio OATEa January 17, 1990 fiL1t: City Manager SUBJECT: Reschedule Item for ,�j H. De Yurre Commission Meeting Agenda actor FROM: tt REFERENCES: 2 / 7 / 9 V Commissioner ENCLOSURES: ` The attached memo regarding a discussion item for the January 25, 1990 City Commission agenda has been rescheduled for the February 7, 1990 City Commission meeting agenda. Thank you. cc: Honorable Mayor and Members of the Commission Aurelio Perez-Lugones, Legislative Administrator 1 37a CITY OF MIAMI, FLORIDA �. INTEN.AFFICE MEMORANDUM TO: Cesar Odio DATE: January 12, 194b fIL:: City Manager SUBJECT: City Commission Community Meetings FROM: RCFERENC£S: - Vict Yurre - C ommi n ENCLOSURES: Please include as a discussion item on the January 25, 1990 City Commission agenda the feasibility of having future City Commission meetingsheld in the various community neighborhoods of the City of Miami. - I am placing this item on the Commission agenda for discussion because of various requests made by community organizations throughout the city. Thank you. - cc: Honorable Mayor and Members of the Commission Aurelio Perez-Lugones, Legislative Administrator mil CITY OF MIAM1. FLORIDA -39 IWER-OFFICE MEMORANDUM z :Odin DATE: January 16, 1990 City 3�anager SUBJECT: Commission Awareness Program FROM: U Victnr H • De Yurre REFERENCES: - _ 7 JXOpCpommi3sioner `L �--i ENCLOSURES: Please include as a discussion item on the February 9, 1990 City Commission agenda the implementation of a Commission Awareness Program. The focus of this particular program will be to allow members of the Commission to become more involved in the day to day operation of various city departments on an inquiry basis only. I will expand upon this particular concept at the above mentioned Commission meeting. Thank you. cc: Honorable Mayor and Members of the Commission Aurelio Perez--Lugones, Legislative Administrator 0 CITY MIAMI. FLORIDA O F F R 4 M , . •INN. E R-0ir'01C1C MCMORANDUM i TO; Cesar Cdio DATE: January 16, 1990 FILE: City Manager SUBJECT: Item for Commission Meeting Agenda 2/7/90 FROM:Y REFERENCES: Victor H. De Xurre Commissioner ENCLOSURES: Please include as a discussion item on the 2/7/90 City Commission agenda the issue regarding Hispanic print advertising. Thank you. cc: Honorable Mayor and Members of the•Commission Aurelio Perez-Lugones, Legislative Administrator Publication Profile Background 1 Patria, South Florida's First Spanish Language Weekly Newspaper, was founded by a group of distinguished exiled Cuban journalists on July 25,1959 in Miami, Florida. Patria, meaning "homeland" in Spanish, is the name Cuban poet and patriot, Josh Marti gave the newspaper he founded in March of 1892 while living in exile in New York City. Today, Patria continues its tradition as a popular, community weekly newspaper published by Peri6dico Patria, Inc., a Florida corporation. Being the very first newspaper founded to serve South Florida's Cuban community, Patria is a respected symbol of this community's roots and cultural presence. Its readers, young and old alike, are loyal to the newspaper they have read for years and are accustomed to asking for it at area businesses and shops. Frequency Patria is published every Tuesday. Deadline for news releases and adver- tisements is 6:00 PM Fridays. Circulation Patria currently enjoys a circulation of 18,000 copies. Mail subscriptions account for 2,300 copies sent to subscribers, including all Hispanic state, county and municipal officials, Spanish radio and TV stations, and the Miami consu- lates of Spanish-speaking countries. Distribution Patria is distributed to the public free of charge at major supermarkets, drug stores, hospitals, hotels, cafeterias and other businesses patronized by His- panics in the cities of Miami, Coral Gables, Hialeah, and other parts of Dade County. Post Office Box 2, Miami, Florida 33135 • (305) 633-8787 / 633-8989 FAX 90013Z • G) �)o Patria, South Florida's first Spanish language weekly newspaper, is pleased to have as advertisers the following major companies, institutions and government agencies: • Bacardi Rum • Barnett Bank • Bernardo Garcia Brake Funeral Home • Budweisser Beer • Bustelo Coffee • Comprehensive American Care HMO • Coral Gables Hospital • Cuban American National Foundation • Dade County Board of Commissioners • Dade County Zoning Board • Dade County Parks & Recreation Dept. • Dade County School Board • Dade Memorial Park & Mausoleum • Flagler Dog Track • Flagler Federal Savings & Loan • Florida Lottery Department • Florida Power & Light • Ford Motor Company • Frame Art, Inc. • General Bank • Hialeah Chamber of Commerce • Interamerican Federal • Inter Banker Insurance Company • Latina Beer • City of Miami Commission. • City of Miami Procurement Department • Miami -Dade Community College • The Miami Herald • Michelob Beer • Metro Zoo • Republic National Bank • Rivero Funeral Home • Ringling Brothers, Barnum & Bailey Circus • Southern Bell Telephone Company • Southern School Uniform • Varadero Supermarkets • Walt Disney On Ice • Winn -Dixie Supermarkets • Woodlawn Park Cementery & Mausoleum • World Courier Service Post Office Box 2, Miami, Florida 33135 • (305) 633-8787 / 633.8989 FAX 90-0132 , CITY OF MIAMI. FLORIDA 42-1- INTER-OFFICE MEMORANDUM = To: Mr. Cesar H. 4dio CATS: January 25, 1990 City Manager = SUBJECT: Scheduling of Agenda Item FRowCommissioner J . L . Plummer REFERENCES: ,i ENCLOSURES: _ 1 _ ry Please sohedule for the City Commission meeting of February 7, 1990, a -_ disoussion item pertaining to the selection of an independent surveyor in reference to the Bayfront Park Improvements. CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM Honorable Mayor and Members TO of the City Commission FROM Cesar H. Odio City Manager. DATE : JAN 3 P 1`09 FILE Discussion Concerning sueJEcr :Proposed St. Hugh Oaks Affordable Housing Project REFERENCESC i ty Commission Agenda Item - February 7, 1990 ENCLOSURES: In December of 1986, the" City Commission authorized the acquisition of a three (3) acre parcel of land known as the St. Hugh Oaks Site for the purpose of developing housing affordable to moderate income families in the Coconut Grove neighborhood. The subject parcel was acquired by the City for $1,070,000. 43 At the February 12, 1987 City Commission meeting, the City Administration recommended the development of a forty (40) unit low density townhome project on the St. Hugh Oaks property in addition to requesting authorization to retain the services of an architectural firm for the purpose of providing a preliminary site plan and schematic drawings for developing the property. Through Motion No. 87-157, the City Commission deferred action on staff's recommendation and instructed the Administration to conduct a townhall meeting in the Coconut Grove neighborhood for the purpose of securing input from the- residents of the areva in developing a proposal which would be acceptable to the neighborhood. ' In March of 1987, two public meetings were held in the Coconut Grove neighborhood for the purpose of obtaining public input in the development of an affordable housing. development on the St. Hugh Oaks property. Those groups and individuals represented, overwhelmingly rejected the development of townhomes or similarly configured housing on the site as per City staff's recommendation and requested that the feasibility of a single family (detached) housing development be explored. As a result, a modified proposal for the development of the St. Hugh Oaks property which calls for the construction of thirty (30) single family homes was developed by City staff. During the month of September, 1988, two meetings were held with Coconut Grove neighborhood organizations and residents for the purpose of discussing the single family housing proposal. The overall sentiment and consensus of the neighborhood was positive and favorable relative to the development of single' family homes on the property. The key aspects of the housing development plan being proposed for the'St. Hugh Oaks property are: 1) 30.single family homes are being proposed for development on the site. c uS St o �i 90 „.,N W Discussion Concerning Proposed St. -Hugh Oaks Affordable Housing Project Page - 2 - 2) Each home will have 3-bedroom 2 1/2 baths, and contain approximately 1,500 square feet of living area. 3) The homes will be situated on approximately 3,000 square foot lots to which the homebuyer will hold fee simple interest. 4) The projected sales prices of the homes range from $65,000 to $70,000, exclusive of the cost of the lot. (The City Commission will be required to determine the equitable sales price for the individual lots. The disposition price of the land will, in part, determine the income range of the families able to qualify and purchase the proposed homes). 5) The proposal calls for the City to provide second mortgages to the qualified moderate income purchasers of the homes being proposed. This is necessary in order to maintain a proper balance between purchaser's income and mortgage related carrying costs associated with homeownership. First mortgage home purchase financing will be provided by one or more local financial institutions. In September of' 1989, the City retained the services of the architectural firm of Andres Duany and Elizabeth Plater-Zyberk, Architects, Inc. for the purpose of desigging and formulating a site plan, final construction and working drawings. It is anticipated that the final construction and working drawings will be completed on/or before May, 1990. In 'order to move this much needed housing project forward, it is also necessary that the Administration effectuate a replat of the. three (3) acre tract into thirty (30) buildable lots consisting of approximately 3,000 square feet. During the month of September, 1989, the Housing Staff met with the Departments of Planning, Building & Zoning,' Fire and Public Works in order to secure their technical input and recommendations on what would be required to effectuate the plat of the subject parcel into thirty (30) "down sized lots” consisting of approximately 3,000 square feet. As a result, it was determined that the recommended "down size" lots being proposed for the City - owned St. Hugh Oaks parcel do not meet the minimum lot size requirements as per City Zoning Ordinance No. 9500, as amended, _ x r. Discussion Concerning Proposed St. Hugh Oaks Affordable Housing Project Page - 3 - and other applicable regulations. Specifically, the thirty lots being proposed for the St. Hugh Oaks Housing Project consisting of approximately 3,000 square feet each do not meet the City°s minimum lot requirements of 5,000 square feet for new single family detached construction. Based on this recent development, the Department of Development and Housing_ Conservation has explored the feasibility of pursuing other possible alternatives in order to move this housing project forward. As a result, the following options are available to the City in an effort to facilitate the construction of this housing projects OPTION #1 The first option available to the City would be to develop the subject parcel based on the existing plat which would allow for the construction of approximately 18-20 new single family homes. In view of the City's cost of acquiring the St. Hugh Oaks parcel, the construction of only eighteen (18) single family detached units on the three (3) acre site may not be the most cost-effective reuse of the site. In the event this option is selected, the disposition price of the lots would have to be increased to offset the decrease in the number of homes developed on the property. The net result of this option would be a substantial increase in the selling price of each home and the annual income of the families necessary to qualify and purchase the proposed homes. OPTION #2 The second option available to the City would be the possibility of developing the subject property under its current zoning (PD-H Planned Development -Housing Districts) with the objective of achieving the recommended number of single family detached units (30) on the site, to be sold as condominiums (footprint of the home plus an undivided interest in the common open space). 0 1� Discussion Concerning Proposed St. Hugh Oaks Affordable Housing Project Page - 4 - The potential drawback to option #2 is that it is impossible to ascertain whether or not the development of this project in concept as a condominium project will have an adverse effect on the City's ability to market the new single family homes to the targeted income group. Although each homeowner would own their individual dwelling unit, several potential homebuyers on the City's waiting list for the project have expressed concerns relative to not owning outright the land surrounding the footing point of the home. This concern of undivided interest in common open space versus fee simple interest in the project is a consideration which may impede -' the City's ability to expeditiously market and close-out the project. OPTION #3 The third option available to the City would involve developing the proposed thirty (30) homes on "down size" lots consisting of approximately 3,000 square feet lots as per the current housing proposal. This would be the most cost- effective reuse of the site. This option would require the City. Commission to waive the City's minimum lot size requirement of 5,000 square feet for new single family detached construction for this City -sponsored homeownership project. In view of the critical need to provide housing affordable to moderate income families in the Coconut Grove neighborhood, Option #3 is being recommended by the Department of Development and Housing Conservation. It is further recommended that the City Commission direct the Law and Planning Departments to proceed in developing legislation which would allow the City Commission to waive the City's minimum lot size requirement of 5,000 square feet for new single family detached construction for this City - sponsored affordable housing project. Cq3