HomeMy WebLinkAboutR-88-1195to
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RESOLUTION NO.ii
A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING
THE CITY MANAGER TO MAKE AN OFFER AND EXECUTE
AN AGREEMENT, IN SUBSTANTIALLY THE FORM
ATTACHED, WITH THE PROPERTY OWNER FOR
ACQUISITION OF ONE PARCEL (PARCEL NO. 0501)
WITHIN THE COCONUT GROVE 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 AFFORDABLE TO LOW
AND MODERATE INCOME FAMILIES IN CONNECTION
WITH THE CITY SPONSORED SCATTERED SITE
AFFORDABLE HOUSING DEVELOPMENT PROGRAM; COST
OF SAID ACQUISITION TO BE DEFRAYED FROM
PREVIOUSLY APPROPRIATED 11TH YEAR COMMUNITY
DEVELOPMENT LAND ACQUISITION FUNDS IN THE
AMOUNT OF $1,000,000; FURTHER AUTHORIZING THE
CITY ATTORNEY TO PROCEED TO CLOSE ON THE
SUBJECT PARCEL AFTER EXAMINATION OF THE
ABSTRACT AND CONFIRMATION OF OPINION OF -
TITLE; PROVIDING FOR AN EFFECTIVE DATE OF
DECEMBER 20, 1988 UNLESS A REQUEST FOR
DEFERRMENT IS MADE BY ANY MEMBER OF THE CITY
COMMISSION PRIOR TO SUCH EFFECTIVE DATE.
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
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WHEREAS, on October 23,,1986, the City'Commission`passed-and
adopted Resolution No. 86=840,':which'.approved implementation of:
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the Scattered Site Affordable Housing Development Program in the
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City ' > Community Development Target': Areas . for;' the purpose '`of'
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providing owner -occupied residential units within the
affordability range of qualified low and moderate income
purchasers; and
WHEREAS, in October of:1986, the City Commission authorized
the issuance of, $4,200,000 in -=Special`: Obligation -Bonds -for ,the
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purpose 'of providing -construction financing for such rhousing; acid
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WHEREAS,- the, City,i-serving :as, ' developers, - plans tofinance
the,.development of single family owner -occupied residential units
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in the Coconut Grove neighborhood under the Program; and
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CITY COMSSiON
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MEETING OF
DEC 15/,��/►►i�8$
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RESOWTION No.
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ti{ k a REMARKS.
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City Attorney,:ti
cute "the 'Agreement
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E'?CHIPIT "C"
AGREEMENT OF PURCHASE AND SALE
THIS AGREEMENT entered into this day of ,
19880 by and between THE CITY OF MIAMI, Da a County, Flor�iM a
Municipal Corporation of the State of Florida, hereinafter
referred to as "CITY," and MAMIE E. PINDER residing/located at
11100 Southwest 153rd Street, Miami, Florida, hereinafter
referred to as "SELLER."
W I T N E S S E T H:
WHEREAS, the SELLER is owner of that real property more
fully described on Exhibit "A" attached hereto and made a part
hereof and
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WHEREAS, the CITY desires to purchase said property located
at 3455
Margaret Street, (Parcel No. 05-01) 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:
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1.
In consideration of the CITY paying the SELLER the sum
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of Thirty Five Thousand Dollars ($35,000), the SELLER
shall, by General Warranty Deed, convey to the City
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good, marketable and insurable title, free of liens and
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encumbrances to that certain real property, (together.
with the improvements, hereditaments and appurtenances
which are legally described on Exhibit "A" attached
hereto, and made a part hereof.)
2.
The CITY shall pay the SELLER the sum set forth in
paragraph (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 sixty (60) days from
the date of the execution of this Agreement by the City
and SELLER.
3.
All taxes and assessments of record for the year_1989
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 propertyb
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fire or other casualty, or acts of God, shall be at the
risk of the SELLER until the title to the land and deed
to the City have been accepted by the CITY, In the
event that such loss or damage occurs, there shall be an
adjustment of the purchase price, which adjustment shall
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determined solely by the CITY.
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Title to the property shall be delivered to the CITY on
the date of closing. However, from and after the.
execution of this instrument, the CITY, its agents, 'and
.:.its
contractors shall have the right to enter upon the
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premises to be conveyed for making studies, surveys, and
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tests, , and soundings, a ppraisals.
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If the SELLER is a corporation, partnership or trust#
SELLER hereby agrees to comply with Section 286.23
Florida Statutes by making a written Public disclosure,
under bath, of the names and addresses of every
person(s) having beneficial interests in the Meal
Property being conveyed to the CITY# unless specifically
exempt by provisions of said Statutes.
B. This Agreement shall be binding upon the heirs,
executors, administrators and assigns of the parties.
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9. This Agreement shall be governed according to the laws
of the State of Florida.
10. The SELLER understands that this offer has been approved
by the City Commission of the City of Miami, Florida by
Resolution No.
%ll. if this is not executed by both parties to the Agreement
on or before February 28# 1989, 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
a SELLER has signed this offer.
12.'.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 be credited
against the purchase price to be paid at time of
closing.
= 13. ;.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 .
Dated .the date first written, above
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WITNESSES: SELLER: Mamie E. Pinder
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BY
As to 'an individualE�sri,{jj,:
1 ` ..,•T r '' �y 6 � �y ,r
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® As to an i ndivi dual
i ATTEST: CITY OF MIAMI, a Muncip i'al i�
®, CorporatiUX
on of the State of r is
k'lorida�
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MATTY HIRAI CESAR H.
s rC ODIO:
1 Y. r r,. t Y
City Clerk City Manager
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CITY OF MIAMI, FLORIOA
INTER -OFFICE MEMORANDUM
50
Honorable Mayor and Members 0 E G _ 6 r998
To: of the ity Commission DATE: vv FILE:
Resolution Authorizing
SUBJECT: Acquisition of One (1)
Parcel in Coconut Grove
FROM: Cesar H. Odlo REFERENCES: City Commission Agenda
City Manager Item - December. 15, 1988
ENCLOSURES:
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the
attached resolution authorizing the purchase of one (1) parcel in
the Coconut Grove Community Development Target Area for the purpose
of developing .affordable sales housing in connection with the City
sponsored Scattered Site Affordable Housing Development Program.
BACKGROUND:
The Housing Conservation and Development Agency recommends
ratification of the attached resolution which authorizes the
purchase of one (1) parcel in the Coconut Grove Community
Development Target Area for the purpose of developing affordable
sales housing in the Coconut Grove neighborhood. The proposed
resolution authorizes and directs the City Manager to execute an
Agreement of Purchase and Sale for the subject parcel currently
under consideration for acquisition.
In October of. 1986, through Resolution No. 86-840, the City ,
Commission approved the implementation of the City's Scattered Site
Affordable Homeownership Development Program in the City's Community
Development Target Areas for the purpose of providing owner occupied
residential units within the affordability range of qualified low
and moderate income purchasers. In addition, the City Commission
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authorized the City Manager to proceed in securing appraisals of
home sites with• initial emphasis in the Allapattah, Model City,
Wynwood and Overtown Target Areas.
Seven (7) new single family homes have been recently completed`in
the Model City neighborhood and construction is scheduled to'
commence on two (2) new single family homes in the Wynwood
neighborhood within the next 60-90 days.
The subject parcel located at 3455 Margaret Street is currently
.open, abandoned and vandalized. Moreover, the subject parcel now.
serves as a potential haven for "crack" addicts',' in addition t,o b44{` t
being a danger to human life and the public welfare.
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'' Resolution Authorizing Acquisition
'" • of Parcel in Coconut Grove- -
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Acquisition of the subject parcel will result'in the development of _
two (2) new single family homes in the Coconut•Grove neighborhood. i.
Approximately $663,700 -in funding which represents the remaining
balance from the $1,000,000 in llth Year Community Development Block' �,
Grant Funding previously authorized by the City Commission, in ,1`
connection with the aforementioned Program, is available to defray ,. -
the cost of acquiring the subject parcel.
In view of the City's need to acquire homesites in the Coconut Grove >
neighborhood in `connection with the City's ;Scattered;;:Site ;Affordable = i'_
Homeownership Development Program, City Commission ratification of ;",l;
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the attached' resolution is`' recommended. v + 17 r �z f
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