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Home My WebLink AboutR-87-1035eo"N 11-41 J-87-1026 10/26/87 97--1035 RESOLUTION N0. A RESOLUTION APPROVING IN PRINCIPLE THE APPLICATION OF PROJECT DEVELOPER "SMALL BUSINESS OPPORTUNITY CENTER, INC." FOR THE ACQUISITION OF A BUILDING LOCATED AT 1401 WEST FLAGLER STREET AND A VACANT LOT LOCATED AT 1419 WEST FLAGLF,R STREET TO BE DEVELOPED INTO A TRADE CENTER COMPLEX FOR FOREIGN BUSINESS PEOPLE AND/OR TRADE ORGANIZATIONS TO DISPLAY THEIR GOODS AND IMPORT/EXPORT ACTIVITIES, AND DIRECTING THE CITY MANAGER TO PROCEED WITH THE CITY'S APPLICATION FOR AN URBAN DEVELOPMENT ACTION GRANT FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT;FURTHER AUTHORIZING THE EXTENSION OF THE. CITY'S LOAN COMMITMENT TO THE SMALL BUSINESS OPPORTUNITY CENTER, INC. TO FEBRUARY 15, 1988. BE IT RESOLVED BY THE COMMISSION OF THE. CITY OF MIAMI, FLORIDA: Section 1. The application 1/for the acquisition and development of the Trade Center of the Americas Complex is hereby approved in principle and the City Manager is directed to proceed with the City's application for an Urban Development for an Urban Development Action Grant from the U.S. Department of Housing and Urban Development. Section 2. The City Manager is authorized to extend the City's loan commitment with the Small Business Opportunity Center, Inc. from October 1, 1987 until February 15, 1988. PASSED AND ADOPTED this 19th day of Nov tuber , 987. XAVIER L. AREZ MAYOR ATT T: aTTY HIRAI CITY CLERK CITY COMMISSION MEETING OF NOV 19 1987 ESOLUTION No.i ZIMARKS: .,.....-.....-- 1/ The application is from Project Developer "Small Business Opportunity Center, Inc." for the acquisition of a building located at 1401 West Flagler Street to be developed into a trade center complex for foreign business people and/or trade organizations to display their goods and import/export activities. PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED A$ITO FORM AND CORRECTNESS: f Cr� A:'DOUG9RT CITY ATTORNEY- /gjd R7-1035 ..NTER-OFFICZ ;dEMORAINOUM Honorable Mayor and Members November 10, 1987 Of the City Commission City Commission Meeting .- November 10, 1987 Luoia _. Dou erty- Agenda Items #16, #56, #58 City Attorney #67-71, #94 �q-O (2) The following information and material should be considered by you in your deliberations at today's Meeting: Agenda Item e16 (J-87-998) (City's lease of space at Coconut Grove Bank) The distributed resolution incorrectly reflects the City's exercise of a two-year renewal option on 2,383 sq. ft. of space in the Coconut Grove Bank Building. The attached proposed resolution reflects the City's exercise of a one-year renewal option for this space and provides for payment of $4.750 by way of reimbursement for renovations completed in 1984 at the City's request. The attached resolution and cover memorandum should be substituted In your Packet. NOTE: At the tine the Consent Agenda is voted upon, if this Item 016) is not removed from the Consent Agenda and considered separately, there should be an announcement made by the Mayor that Item 416 is being voted upon -as modified'. Agenda Item •56 (J-87-1022) [Citywide Demolition Substandard Buildings] There was clarifying language added in the body of this first reading ordinance to reflect the use of the increased appropriations — ($242,315) to implement the City's demolition Program. is Agenda Item e5B (J-87-965) (Updating of City's Code Enforcement Board Ordinance] The distributed ordinance'` which updates City Code provisions to conform with recent legislative changes did not eliminate the Code k- provision requiring that a landowner be notified of any violation 000urring on the premises. Since the state law does not require such notice and sine the City 6: only notifies the owner where a lien is sought to be Imposed. we have changed -shall" to -may- in the 9 7-1035 a j pinw 8onorable Mayor and Members November 10. 1987 of the City Commission Page 2 sentenoe appearing at the top of Page 7 of this Ordinanoe. Aoenda items 467-71 (J-87-1024, J-87-1025, J-87-1028, J-87-1027, J-87-1028) (Approving in principle, UDAG Applications] Descriptive language has been added in footnote form to the body of these five resolutions to mirror the language already set forth in the titles. Aland& item e94 (J-87-1041) (Discussion of Stormwater Management] In the event you approve the user -fee concept and wish to expedite implementation of the City's Program, we have prepared the attached resolution for substitution in your Paoket. As distributed. the resolution did not allocate funding for the consultant's contract; the attached resolution allocates an amount not to exoeed $50,000 from the 1984 Storm Sewer General Obligation Bond Funds. Project No. 352250 Citywide Storm Drainage Master Plan. LAD:RFC:bss:M483 cc: Cesar H. Odio, City Manager patty Hirai, City Clerk Ron E. Williams, Director, General Services Administration Department Att: Albert Armada, Property and Lease Manager Frank Castenada, Director, Department of Community Development Edith Fuentes, Director, Department of Building and Zoning Donald W. Cather. Director. Department of Public Works 9 7-1035 C rs. ,, w }L Ilk CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM To Honorable Mayor and Members DATE November 4, 1987 FILE of the City Commission Approval of Application SUBJECT Submission — Urban Development Action Grant (UDAG) FROM Cesar H. Odio REFERENCES City Manager ao ENCLOSURES RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached resolutions authorizing the submission of applications to the U.S. Department of Housing and Urban Development (HUD) for the purpose of seeking funds via the Urban Development Action Grant Program, for the development of the following projects: Retail/Professional Office Complex, Shopper's Goods Retail Mall, The Trade Center of the Americas Complex, 5750 Picchi Plaza Building, and 35 Southeast Plaza. Further authorizing the City Manager, upon approval of said grant by HUD, to accept the same and execute the necessary implementing contracts and agreements. BACKGROUND: The Department of Community Development has analyzed the need to submit applications to the U.S. Department of HUD via the UDAG program for the following project proposals: ORGANIZATION: Tacolcy Economic Development Corporation, Inc. (TEDC) PROJECT TITLE/UDAG Shopper's Good Retail Mall/ $150,000 PROJECT DESCRIPTIQN: a This project entails the renovation of property at the corner of N.W. 7th Avenue and N.W. 62nd Street into a retail convenience and shoppers good ' mall. The total development cost of said project will total approximately $1.4 million dollars. 0 -i M Honorable Mayor and Members of the City Commission Page 2 Also, approximately eighty (80) new permanent full and/or part-time jobs will be created. It is anticipated that funding for this project will be solicited through an Urban Development Action Grant (UDAG). The City is proposing to allocate one hundred fifty thousand dollars ($150,000) to TEDC as a loan in the project. The City's funding commitment is contingent upon securing all additional funding. These funds will be available for one (1) year from date of Commission approval. No funds will be disbursed until all funding is secured. ORGANIZATION: International Car Wash, Inc. PROJECT TITLE/UDAG: Retail/Professional Office Complex $150,000 PROJECT DESCRIPTION: This project entails the construction of a two-story mixed use shopping center complex to be located on N.W. 54th Street between N.W. 14th and N.W. 15th Avenues. This project will consist of 16,000 square feet of leasable space. It is recommended that this project proposal be submitted for consideration and funding as an Urban Development Action Grant (UDAG). If approved, the City will also allocate one hundred fifty thousand dollars ($150,000) as a loan for the project contingent on the developer securing all additional funding. These funds will be available for one (1) year from date of Commission approval. No funds. will be disbursed until all funding is secured. ORGANIZATION: Small Business Opportunity Center, Inc. PROJECT TITLE/UDAG: Trade Center of the Americas/$136,000 PROJECT DESCRIPTION: This project entails the acquisition and renovation of a building located at 1401 West Flagler Street and a vacant lot located at 1419 West Flagler Street. The renovation will entail the existing building and its expansion by 1600 sq. ft. and the development of a twenty (20) car parking lot. 97-1035 M Honorable Mayor and Members of the City Commission Page 3 This will be utilized for commercial space, and as a place for foreign business people and/or trade organizations to display their goods for import/export activities, meetings and an informational point for international business interest. Total cost of the project is eight hundred six thousand dollars ($806,000). Also, approximately twenty-eight (28) new permanent full time jobs will be created. It is recommended that the City's one hundred fifty thousand dollar ($150,000) loan commitment for this loan be extended to February 15, 1988 in order to permit sufficient time to obtain approval from this UDAG application. ORGANIZATION: Rolando Cardenas 6 Associates, Inc. PROJECT TITLE/UDAG: 5750 Picchi Plaza Building/$160,000 PROJECT DESCRIPTION: This project entails the construction of a two—story office building to be located at 5750 N.W. 7th Street. This project will consist of 7,055 sq. ft. of leasable office space. Total development cost of said project will total approximately eight hundred thousand dollars ($800,000). Also, approximately thirty (30) new permanent full time jobs will be created. ORGANIZATION: Pennsylvania Investment Corporation and the Stadler Companies PROJECT TITLE/UDAG: 35 Southeast Plaza/$3,000,000 PROJECT DESCRIPTION: This project entails the acquisition of land and construction of a fourteen story mix -use building with 80,000 sq. ft, This project will be located at 35 Southeast 7th Street. Total development cost of said project will total approximately $12 million dollars. 3. 9 7-IL035 16 Honorable Mayor and Members of the City Commission Page 4 Also, approximately three hundred fifty (350) new permanent full time jobs will be creaated. The UDAG application process is a three phase process involving the developer of the project, the City of Miami and the U.S. Department of HUD. Upon City Commission approval of the attached resolution, we will be in Phase I of the application process. Basically, Phase I consists of preparation of the UDAG application. The deadline for application submission is November 30, 1987 and the awards will be made on January 15, 1988. t -i fi f Ll