HomeMy WebLinkAboutR-88-0569. a E
J-88-577
5/25/88
RESOL UT ION NO. 0 ? if),9
A RESOLUTION APPROVING IN PRINCIPLE, THE
ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY A
NOT -FOR -PROFIT CORPORATION, TO UNDERTAKE THE
DEVELOPMENT OF A MEDIUM -DENSITY RESIDENTIAL
DEVELOPMENT ON THE CITY -OWNED FERN ISLE
NURSERY SITE AFFORDABLE TO LOW AND MODERATE
INCOME FAMILIES AND INDIVIDUALS, INCLUDING
THE ELDERLY; FURTHER DIRECTING THE CITY
ADMINISTRATION TO SUBMIT A PLAN AMENDMENT TO
THE STATE OF FljORIDA FOR REC1,ASSIFICATION OF
THE SITE AND ANY OTHER REQUIREMENTS NECESSARY
TO MOVE THE PROPOSED DEVELOPMENT FORWARD;
AND FURTHER DIRECTING THE CITY MANAGER TO
CONVEY TITLE FOR THAT PORTION OF THE SITE
REQUIRED FOR RESIDENTIAL USE BY THE
SPONSOR/DEVELOPER SUBJECT TO CERTAIN TERMS
AND CONDITIONS, AS CONTAINED HEREIN.
WHEREAS, in the City of Miami, a severe housing shortage
exists within the affordability range of low and moderate income
families and individuals, including the elderly; and
WHEREAS, the City Commission recognizes that participation
of both the public and private sectors is necessary to further
the development of housing in the City of Miami within the
affordability range of low and moderate income families and
individuals, including the elderly; and
WHEREAS, in April of 1988, representatives of the Allapattah
Business Development Authority made a personal appearance before
the City Commission to request the conveyance of a portion of the
City -owned Fern Isle Nursery site consisting of the southern most
3.4 acres for the development of a medium density residential
development, affordable to low and moderate income families,
including the elderly; and
WHEREAS, the Fern Isle Nursery site is currently designated
"Parks and Open Space" in the Miami Comprehensive Neighborhood
Plan, dated September, 1985,and the current zoning of the site is
PR -Parks and Recreation; and
WHEREAS, in order to move this project forward, it will be
CITY COMMISSION
DdEE,T NG OF
JUN 9 1988
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necessary to obtain approval from the State of Florida's
Department of Community Affairs of a plan amendment, in addition
to a corresponding zoning change; and
WHEREAS, in July of 1988, the Planning Department will
present for City Commission review and consideration a modified
Miami Comprehensive Neighborhood Plan 1988-98, which must be
submitted to the State of Florida by September, 1988; and
WHEREAS, should the City Commission approve in principle,
the Allapattah Business Development Authority's request, the
amendment for securing state approval for reclassifying the Fern
Isle Nursery site could be included as a part of the new Miami
Comprehensive Neighborhood Plan; and
WHEREAS, the Allapattah Business Development Authority has
presented a development proposal consistent with the City's
objectives for fostering the participation of both the public and
private sectors in the development of housing within the
affordability range of families and individuals of low and
moderate income;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. (a) The City Commission does hereby issue
approval in principal for the Allapattah Business Development
Authority, a not -for -profit corporation, to undertake the
development of a medium -density residential complex on the Fern
Isle Nursery site consisting of a fifty-nine (59) unit Section
202 housing project for the elderly and a fifty-two (52) unit
sales townhome development, subject to evidence of a firm
construction and permanent financing commitment, in addition to
conditional commitments for home purchase financing within the
affordability limits of qualified low and moderate income
families.
Section 1. (b) The Allapattah Business Development
Authority is hereby directed to prepare and finalize project'
plans and specifications, construction and permanent financing,
unit Prices,
construction schedules
and marketing plans which
shall be submitted for final Consideration and
approval by the
City Commission.
Section
2. The City Manager is
hereby directed
to prepare
and submit
a plan amendment to
the Miami
Comprehensive
Neighborhood
Plan for submission to
the State
of Florida for
reclassifying
the Fern Isle Nursery
site and to
effectuate the
rezoning of
the said portion of the site for
aforementioned
purpose.
Section 3. The City Manager is hereby authorized to convey
title for that portion of the subject parcel to the Allapattah
Business Development Authority, predicated on a land
reimbursement provision that provides a fair return to the City
for the value of the land.
PASSED AND ADOPTED this 9th day of June ,
1988.
XAVIER L. SUZR2Z, MAYOR
ATTES .
c
MATT HIRAI, CITY CLERK
PREPARED AND APPROVED BY:
1
ROBERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
JO GE . FE ANDEZ
CI Y ATTORNE
- 3 -
RN-56#9
CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM
TO Honorable Mayor and Members
Of the City Commission
GATE: J U N - 3 1988 FILE
Discussion Item for City
sue,Ect Commission Meeting
June 9, 1988
114
FROM Cesar H. Odio REFERENCES: Fern Isle Nursery Site
City Manager Reuse
ENCLOSURES Allapattah Business Dev. Auth.
Housing Proiect
W
RECOMMENDATION
It is respectfully recommended that the City Commission approve in
principle, the conveyance of the City -owned Fern Isle Nursery Site
in the Allapattah neighborhood for the development of a medium
density residential development by the Allapattah Business
Development Authority. Further instructing the Administration to
proceed in submitting a plan amendment to the City's revised
Comprehensive Neighborhood Plan 1988-98 and a corresponding zoning
change which would allow for such a development to proceed. It is
further recommended that conveyance of the subject parcel be
predicated on a provision to reimburse the City for land cost, in
addition upon submission within eighteen (18) months froln the date
of this conditional award fox the City Administration's verification
and the Commission's review and approval:
1) Final site plan approval by the City's Department of
Planning.
2) Verifiable evidence of firm commitment(s) for construction
and permanent financing (first and second mortgage home
purchase financing in accordance with the attached
proposal) where applicable.
3) A firm project development schedule and marketing plan.
4) Final project/unit plans and specifications.
5) Certification of not -for -profit corporate legal status.
BACKGROUND
The General Services Administration Department and Hbusing
Conservation and Development Agency recommend the adoption of the
attached resolution approving in principle, the conveyance of the
City -owned Fern Isle Nursery site in the Allapattah neighborhood for
the development of a medium density residential complex by the
Allapattah Business Development Authority.
//Y - I
Fein Isle Nursery site Meuse
Page 2
•
On April 14, 1988, representatives of the Allapattah Business
Development Authority made a personal appearance before the City
Commission to request the. conveyance approximately 3.5 acres of the
City -owned Fern Isle Nursery site for the development a medium
density residential development.
Through Motion No. 88-361, the City Commission directed the
Administration to proceed in negotiating with the aforementioned
not -for -profit corporation an agreement which would allow for the
development of the proposed project on the Fern Isle Nursery site.
The development proposal submitted by the Allapattah Business
Development Authority calls for the construction of a fifty-nine
(59) unit Section 202 housing project for the elderly and a fifty-
two (52) unit sales townhome development on the southern most
portion of the site. The townhome development would consist of both
one, two and three bedroom units. The sales prices of the units
which are being proposed would be marketed in the price range of
$29,200 to $53,000.
In addition, the Allapattah Business Development Authority proposes
to provide tandem home purchase mortgages to the prospective
homebuyers, with first mortgages to be provided from private lenders
and second mortgage financing to be provided through the
Metropolitan Dade County Documentary Surtax Program. Using this
tandem mortgage home purchase financing method, families and
individuals' earning approximately $10,500 to $15,800 would be able
to qualify for the purchase of the proposed townhome units.
Currently, the Fern Isle Nursery is designated "Parks and Open
Space" in the Miami Comprehensive Neighborhood Plan, dated
September, 1985, and the current zoning of the site is PR -Parks and
Recreation. In order to move this project forward, it will be
necessary to secure approval from the Florida Department of
Community Affairs of a plan amendment, in addition, a corresponding
zoning change before any development on the site would be allowed.
The Planning Department will be presenting next month for City
Commission consideration, the new Miami Comprehensive Neighborhood
Plan 1988-98, which must be submitted to the Florida Department of
Community Affairs by September, '1988. Should the City Commission
approve in principle, the request of the Allapattah Business
Development Authority, it is recommended that a plan amendment which
would allow for the proposed development to move forward be included
as a part of the new Miami Comprehensive Neighborhood Plan 1988-98,
and submitted to the Florida Department of Community Affairs in
September.
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Fern tole Mursery Site Reuse
Page =3-
City Commission approval in principle on the Allapattah Business
Development Authority's request would afford the not--for-profit
corporation an opportunity to meet the June 15, 1988 application
submission deadline for funding under U.S. HUD's Section 202 Loan
Program. The Allapattah Business Development Authority has
requested that the City provide some form of site control in order
to submit the Section 202 funding application.
In view of the critical need for new affordable housing
opportunities for low and moderate income families in the City, the
Administration recommends the City Commission approval in principle,
the conveyance of 3.5 acres of the City -owned Fern Isle Nursery site
for the development of a medium density residential development by
the Allapattah Business Development Authority subject to the
conditions enumerated in the attached resolution.
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