HomeMy WebLinkAboutM-84-1475I E
F
M
CI1 Y MANAGER'S OFFICE
1994 NOV 30 PSI 4: 31
Noveriber 3n, 19^4
City of ",iam
3500 pan Anerican Drive
I.iarai, I=lo -ida
:e : Zequcrt un-, in the
agenda of the Soonest possible
City Corlr:iss:.on "ceting
Gentlemen:
lease place us on the ne.- t Cit; of L;lani Commission ;,ee t1�1�
so that ute na., present our proposal.
Our group requests the approval of City of Viani Com7iseion`r!? of
otr plan to rehab a conde::inat_on Culner;/0ve:-to1 n.
':'e can reha'o the build.i:;g, 'co:nv�xt to condos:iniun ane rc-11 tuf ts.
I...'a Plan on utilizing Dads Col:nt;7 Surtax funds and rellinn to lot?
incone familys. One of the host i portant factors of our proposal is
our groups management and maintenance ;programs that will assist the
homeowners on a pernanant basis.
Please advise as to the earliest this matter can be hea-•ct. '3ecavre of
the present condemnation proceedings against propert;• we ma -be Anti t-
led to a sooner hearing. Than% you.
my yours,
Jac'.: Arias, Director
Surtax Homeowners of Dad:
C/o Rolle :fealty 241 N.'.%
Count;, Inc.
17 Street, :.:iani, Florida
Co -Directors: I:rs Francena Thomas
Reverend Livingston Rolle
1�*r Charles F. Johnson Jr.
0
SURTAX HOMEWNERS OF DADE COUNTY, INC. (SHODCI)
241 N.W. 17th Street, Riami, Florida 33136
DI RECTORS :
PRESIDENT: Mr Charles F. Johnson Jr.
1500 N.W. 12 Avenue #1107
Miami-, Florida 33125
Banker, -Real Estate Investment Consultant, Metro Miami
Action Plan, Chairman, Housing & Neighborhood Development
Trustee - Jacicson Memorial -University of Miami Public
Health Trust.
Secretary- Reverend Livingston Rolle
Treasurer: 241 N.W. 17th Street
Miami, Florida 33136
Real Estate Broker, Real Estate Property Management
Expert, Member City of Miami Overtown Advisory Board
Vice-Pres. :Mr Jacic Arias
P.O. Box 2264
• Miami Beach, Fla. 33140
Real Estate Developer and Builder
84--IL475
SURTAX HOtiE FNERS OF DADE COUNTY. INC. (SHODCI)
241 N.W. 17th Street, Miami, Florida 576-8097
POLICY STATEMNT
SHODCI intends to rehabilitate apartment buildings in low income
areas and sell units as condominiums. The properties to be rehabilitated
are buildings that are structurally sound but because of urban problems
are being lost at an alarming rate to condemnation. SHODCI intends to
rehab and sell units and stop the loss of this low income housing to
condemnation. The utilization of Surtax funds for approximately 5076 of
the selling price of the units will make program possible.
First Building to be rehabilitated:
240 N.14. 17th Street, Miami, Florida (across street from SHODCI Office)
nine units three one bedrooms and six two bedrooms. Sales Price of
units $17,000 for one bedrooms $21,000 for two bedroom units.
Rehabilitation to be performed to property:
New Roofs, New Kitchens and Baths, Painting, repairing pavement,
.new appliances and floor coverings, All necessary repairs etc.
Units will be all electric with individual water heaters.
Building will be converted to condominium and units sold to adults
primarily to eliminate the overcrowding common to this type property.
Familys that are to large will be relocated at SHODCI expense.
Financing will be obtained from conventional lending institutions for
approximately 5076 of sales price and the remaining 5076 of purchase
price will be in the form of Surtax Mortgages.
Sales Price of Units: $17,000 for one bedroom units
$21,000 for two bedroom units.
Management Program:
SHODCI presentlyy maintains offices at 241 N.W. 17th Street, Miami,
Florida. This office is directly across street from 9 unit pilot
building project. We intend to offer an ongoing management program
to the familys and condominium associations that result from the
rehabilitation program. The low income familys must have and will
have our continued management services in order to succeed.
SURTAX HOriLMNERS OF DADE COUNTY INC (SHODCI) re qub s t s from
the City of Miami Commission as follows:
A letter of reccommendation to the Dade County Surtax Advisory
Board that funds for rehabilitation of properties in the City of
Miami that are to be loaned to purchasers should be first allocated
to the purchasers of units produced by SHODCI.
LM
84--14'75