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HomeMy WebLinkAboutR-88-0625At 1174 MPH RESOLUTION NO. 14,14-f;2r) A RESOLUTION AUTHORIZING THE CITY MANAGER TO MAKE AN OFFER TO PROPERTY OWNER FOR ACQUISITION OF ONE PARCEL (PARCEL NO. 02-44) WITHIN THE MODEL CITY COMMUNITY DEVELOPMENT TARGET AREA AND WHICH IS MORL 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; FURTHER DESIGNATING PREVIOUSLY APPROPRIATED 11TH YEAR COMMUNITY DEVELOPMENT LAND ACQUISITION FUNDS IN THE AMOUNT OF $1,000,000 TO COVER THE COST OF SAID ACQUISITION; FURTHER AUTHORIZING THE CITY ATTORNEY TO PROCEED TO CLOSE ON THE SUBJECT PARCEL AFTER EXAMINATION OF THE ABSTRACT AND CONFIRMATION OF OPINION OF TITLE. WHEREAS, there exists a severe shortage of standard liousing in the City of Miami affordable to families and individuals of low and moderate income; and WHEREAS, on October 23, 1986, the City Commission passed and adopted Resolution No. 36-840, which approved implementation of the Scattered Site Affordable Housing 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; and WHEREAS, in October of 1986, the City Commission authorized the issuance of $4,200,000 in Special Obligation Bonds for the purpose of providing construction financing for such housing; and WHEREAS, the City, serving as developer, plans to finance the development of single family owner -occupied residential units in the Model City neighborhood under the Program; 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 CITY COMMISSION MEETING Or JUL 1p4p1988 RESOLUTION No. 88--625 REMARKS; WHEREAS, the City of Miami is interested in acquiring a 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 and a review appraisal has been obtained and efforts to secure the property for valid public and municipal purposes through negotiation should be undertaken by the City; and WHEREAS, previously allocated funding in the amount of $1,000,000 is available from llth Year Community Development Block Grant funds for acquisition of the subject property; and WHEREAS, the amount set forth in Exhibit "A" is reasonable and in keeping with the costs of acquiring property through the normal negotiation process; and WHEREAS, the City Commission previously established a policy under Resolution No. 77-73 to provide a bonus over the appraised value to owners who sell their property to the City through a negotiated settlement in lieu of condemnation; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to negotiate with the property owner of one (1) parcel of land in the Model City Community Development Target Area, are particularly and legally described in the attached Exhibits "A" and "B", and hereby authorized for acquisition by way of negotiated purchase. Section 2. The following offer as indicated is hereby authorized to be made to the owner of the subject property in the amount as indicated below: PARCEL NUMBER PARCEL ADDRESS 02-44 1360 N.W. 59th Street - 2 - OWNER Joyce J. Chetram CONTRACT PURCHASE PRICE $ 7, 200 8a-s25 Section 3, The City Manager is further hereby authorized to negotiate with the above property owner within the framework of the appraisal obtained for the parcel and further authorized to offer a settlement bonus as per Resolution No. 77-73, Section 4. Eleventh Year Community Development Block Grant land acquisition funds in the amount of $1,000,000 previously authorized by the City Commission is hereby designated to fund the cost of said acquisition. Section 5. 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 Agreement of Purchase and Sale of the subject property identified at the cost stated in Exhibit "A" and to disburse the sum(s) of money in accordance with the City Commission's approval. Section 6. All recitals and findings contained in the preamble of this Resolution are hereby incorporated by reference thereto and are hereby adopted as if fully set forth in this Section. - 3 819-- s PASSED AND AbOPT9b th g 14th day of 1955. ATTEST, MAT,qxr HIRAI, CITY CLERK COMMUNITY DEVELOPMENT REVIEW: FRANK CASTANEDA, DIRECTOR COMMUNITY DEVELOPMENT FINANCE REVIEW: CARLO GARCIA, DIRECTOR FINANCE DEPARTMENT PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: OR E L. FERPANDEZ CITY ATTORNfiry 4 a XAVIER L. Stl REZ, YOR BUDGETARY REVIEW: AMC ANOHAR SURANA, DIRECTOR MANAGEMENT AND BUDGET 88-625 PARC94 NO. 02-" FOLIO NO.: PROPERTY ADDRESS: PROPERTY LEGAL DESCRIPTION: OWNER OF RECORD: LAND AREA: APPRAISED VALUE: CONTRACT PURCHASE PRICE: ID1 01-3114-043-1390 1360 Northwest 59th Street Lot: 4, Block: S, Orchard Villa Extension P.B. 17/5 5 Joyce J. Chetram 6717 Northwest 3rd Avenue Miami, Florida 33150 50 x 106 $7,200.00 $7,200.00 138-625 CITY OF MIAMI. FLORIDA 52 INTER -OFFICE MEMORANDUM Honorable Mayor and Members To of the City Commission r FROM Cesar H. Odio City Manager t i RECOMMENDATION: DATE J WL , I%088 FILE - Resolution Authorizing sLe�Ec- Acquisition of a Parcel in Model City REFERENCES City Commission. Agenda Item - July 14, 1988 ENCLOSURES. It is respectfully recommended that the City Commission adopt the attached resolution authorizing the purchase of one (1) parcel in the Model City Community Development Target Area for the purpose of developing affordable sales housing in connection with the City sponsored ScatteredI Site Affordable Housing Development Program. BACKGROUND: The Housing Conservation and De,ielopment Agency recommends ratification of the attached resolution which authorizes tile purchase of one (1) parcel in the Model City Community Development Target Ar?a `,-)c t1ie purpose of developing affordable dousing in the Model City neighborhood. The proposed resolution authorizes and directs the City 'Manager to execute an Agreeiierit 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 Housing Development Program in the City's Community Development Target Area for the purpose of providing owner occupied residential units within the affordability range of qualified Low and maderate income purchasers. • In addition, the City Commission 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. The Housing Agency staff has conducted a survey of the neighborhood in an effort h) identify suitable home sites for acquisition in connection with the Program. llth Year Community Development Block Grant funding previously authorized by the City Commission for the acquisition of home sites in connection with the Program is available to fund the cost of acquiring the subject parcel. 88-62 x 1 1 j�- Resolution Authorizing Acquisition of a Parcel in Model City Page 2 In an .efFort to expedite the development of aingle family homes affordable to lotii aril -noder•ate income families in the Wdel City neighborhood, it is recommended that the City Commission approve the attached resolution. Sf3—Ei2.`a CZ