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Home My WebLink AboutR-84-0191J-84-16 RESOLUTION NO-� A RESOLUTION AMENDING THE OVERTOWN URBAN INITIATIVES PROJECT OWNERS' EQUITY PARTI= CIPATION PLAN POLICIES AND PROCEDURES, RESOLUTION NO, 83-980# TO FURT tR PROVIDE FOR PARTICIPATION OF CERTAIN PROPERTY OWNERS IN THE REDEVELOPMENT AREA. WHEREAS, by resolution 83-980, the City Commission approved the Overtown Urban Initiatives Project Owners' Equity Participation Plan Policies and Procedures; and WHEREAS, by Resolution No. R-1345•-83, the Board of County Commissioners approved the Overtown Urban Initiatives Project Owners' Equity Participation Plan Policies and Procedures, which provided an additional provision to the document originally approved by the City Commission (Res. No. 83-980); and WHEREAS, the Intergovernmental Cooperation Agreement adopted by Resolution 82-940 delineates joint redevelopment responsibilities for the Overtown Urban Initiatives Area by Dade County and the City of Miami; and WHEREAS, the City of Miami is desirous of affording minority property owners an opportunity to directly participate in the redevelopment process; and WHEREAS; the City of Miami wants to insure that the redevelopment of the Overtown Urban Initiatives Area is accomplished expeditiously; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The following provision shall be added to the Property Owners' Equity Participation Plan Policies and Procedures: Each property owner in the area to be acquired will have the option to contract with Dade County to permit that property owner to develop his or her property in accordance with the Plan: pro- vided, however, there is no requirement under the UMTA grant that the local government owns the land being developed. Any such contract shall require the owner to develop the property in accordance with the plan within a specified time frame or to convey the property to Da de County based on the fair market value for such property as of the date the contract is executed, CITY COMMISSIQN MUINQ 4F 11 m PASSED AND ADOPTED this 9th, day of February _, p 1984. 7 RALPH Go ONGIE City Clerk PRV,PA_R_lD AND APPROVED 13Y.- ROBERT No SECHEN Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: A zo ;FR. GARCIA-PEDROSA y Attorney W2- Maurice A. Ferte MAURICE FERRE Mayor 2 E -� Howard V . Gary Cite Manager _ J Y , TRCM Herbert J. Bailey 4 CIty of MIAMI. FLORIDA ,;E�OFa=i MMZ3RANUM jArE January 24, 1984 PILE: Resolution Amending Property Owners' Participation Plan for urban Initiatives Project rea=-City Commission Agenda G�F�i�L of February 9, 1984 ASslS%.ant City Manager £NCLOSLNFS (3) "It is recommended that the City Commission approve the attached resolution amending the Property Owners' Equity Participation Plan previously approved by Miami City Commission Resolution No. 83-980. This amendment is necessary in order to provide consistency between the City and County s approyal_of_the Property Owners' Equity Participa- tion Plan for the Overtown Urban Initiatives Project Area pursuant to the Intergovernmental Coopera- tion Agreement between the City of Miami and Dade County (City Commis- sion Resolution No. 82-940)." Subsequent to the approval of the Property Owners' Equity Participation Plan, Resolution No. 83-980, Dade County approved the plan (Res. No. R-1345-83) with the additional provision that the County shall give each property owner in the area to be acquired, the option to contract with the County to permit the property owner to develop his or her property in accordance with the Plan within a specified time frame or to convey the property to the County based on the fair market value for such property as of the date the contract is executed. It is anticipated that Dade County will initiate acquisition in early February in the four -block UMTA area and all property owners who, singularly or jointly with other property owners, have contiguous land holdings of at least one acre or one-half block, shall have the option_to enter into an agreement with Dade County which will allow them to retain ownership of their property. The agreement will detail a time frame and development procedures that must be. followed in order to insure the expeditious redevelopment of -the project area, t` � H. Gary =2= January 24, 1984 to addition, other options are available to property owners (based on the Property owners' Equity Participation Plan) which will afford former property owners an opportunity to participate in the redevelopment program if they so desire. These options include: 1. Sell property directly to Dade County and become an equity investor in the development that will be constructed on the site of one's former property, 2. Sell property directly to Dade County and file a Request for Qualification (RFQ) application with the City in order to receive priority ranking in the public disposition of one's former property and technical assistance in the preparation of a redevelopment program; 3. Sell property to Dade County and submit a proposal in response to Request for Proposals (RFP) that will be issued by the City of Miami. See the attached draft letter to property owners which delineates options that are available to property owners in the Overtown Urban Initiatives area. Jose A. Garcia -Pedrosa City Attorney Herbert J. Bailey Assistant City Manager il d1tV OF MIAMI. FL dRIbA MCN16PANbWA January 24# 1984 'ILI--. Resolution for City CoMMiS- sion-Agenda-Febrtary 9, 1984 Amendment to Property Owtetg* Equity Participation Plan Please re,,"Lew as to form and correctness the attached resolution amending t-1,Ae Property Cwners' Equity Participation Plan Afor the Overtown Urban Initiatives Area. 84 I d1tV Or MIAMt, IWRIbA 1-Ntte-4"-6#ft'Idt MEMbPA,*-4bU*.A Jose 9, Garcia -Pedrosa 3anUary 241 1984 'ILC City Attorney ---- -- ResolUtiot for City Cd=it- sion Agenda ,-February 9, 1984 Amendment to Property Owners' "Xilbert J. Bailey Equity Participation Plan Assistant City Manager Please review as to form and correctness the attached resolution amending the Property Cwners' Equity Participation Plan Afor the Overtown Urban Initiatives Area, i • A:- -I I li7��'t RE'SM-UTIU;-! At"PRUVLidr; THE; P1!0;'I1-'W1'7 Ot: lt;Iti rr jri l+i nli?TICi1,4.1'Ir'?1 MR T!I 0*1LILITO .'N .:i � T !� i�::�.i l:i�__il �:liVLJ ChJui+�.i C•.- ZEnEAS, the B;..atd 'eslres to acconolish the burposes 7 - - inccrpr:�a tec; .erein by reference i NO;d, TriE :ORE, BE IT RESOLVED 3:` THE BOARD Or -COL'14TY 0....:'i .SS: :; =S C-21 71zD:: t.� :y:'%, '713R=A, t:.at z:.is Board appr^•:es J ,.ha ?rccerty O:r:.ar's Scuit_ Pa:tici.aic:z Pia.. for the ?rc ect in suhstant- a li.; the `orm attac _�: heretc and .,.ace a part hereof, and `.,?hicn is on file in t c Office of t::e Clerk, with the additional proVisiOn that the County shall - � each r .t � i the r t, c. e c.. pro. e_ t; o .nor n ,...e a. ea to .,e t acquired the op tion.to cc .tract with the County to permit that property owner to develop his or her property in -accordance :•:ith the Plan: :rovidad, hc.-aver, there is no requirement under the U:iTA Grant that the local government owns L.►e land being developed. Any such contract shall require the owner to develop the property in accordance with the Plan within a specified time frame or to convey the property to the Count; based on the fair market value for such propercj as of the date the contract is executed. The foregoinq resolution was offered by Commissioner Jsn)es F. Redford, Jr. , who moved its adoption. The motion was seconded by Co=issiorer Barry D. Schreiber , and upon beirq put to a vote, the vote was as Follows: Barbara M, Carey Nay Clara Oesterle Aye Beverly B. Phillins ,lbscc�t JaMes P. Redford, Jr. : }•e Harvey Ruvin Absent; Barry 0. Schreiner Aye Ruth Shac% Nay Jorge B. Valdes Aye Stephen'. CiarxbsnG 11 4 in 4�4 Avo-:too-ll torn No, 5 (d) (2) P a cl c No, 2 The Mayor thereupon declared the resolution dUly pat-ted and adoptcd this 18th day of Octcbbrt 19826 non cou-"ITY' rt,OAIDN BY ITS BOAVD or COUZOIT'll RICHLARD P. CLERIX canut", clerk a.S S4 y Overtownh urban Initiatives Project Black Equity Participation Plan Policies and Procedures The purpose of this paper is to describe the poliO tS and procedures to be used in implementing the Black Equity Participation plan for the Overtown Urban Initiatives Project, 81AL,,CR �.�io Metropoll i tan Jade County and the City of Miami are jointly sponsoring an urban initiatives joint development project in conjunction with the Over - town METRORAIL station, This project is'being funded in part with a grant from the Urban Mass Transportation Administration, The project currently includes a four -block area immediately adjacent to the Overtown METRQRAIL station. It should be noted that the City and County are also involved in redevelopment activities in the entire Park West area. The specific procedures discussed in this paper apply only to the Overtown Urban Initiatives Project, .. the County, City and UMTA have a strong and continuing commitment to black and minority participation in all phases of the Project. To achieve this, a program has been developed to ensure equity participation in development as well as black and minority participation in construction and employment. Former property owners will be given an opportunity to participate and invest in the redevelopment project. Three participation options will be provided to all property owners: (I) As a developer/investor; (2) As a participant in an investment group; and (3) As an equity i-nvestor in the development constructed on one's former property. • i THE: BLACK EOU ITY PAA I PATi_6N _ PLAN AND _ SAFety PALetDURES The concept of equity participation ihvdlves the dpprirtumity for all current property owners in the project area to participate in the redeveldpfflent activities: A particular initiative in this project is to stiMulate black equity investment and a SO% Mack Equity lnvestment Goal has been established, The following is a general outline of the procedures that will be used to achieve this objective: i. All property in the project area shall be acquired by the County. Property owners will be reimbursed for property costs and reloca- tion expenses in accordance with applicable Federal and Iota! guidelines, Property wi)1 be app_raised, at.the__.highest and best use as sbeci fied .in the Overtown/Par_k_West Rede_v__elopmentPlan which has been approved bv_ the City and County__Comm_issions_._ r�.. Pro �.^.3.^:,/ -wner5 , i-:1° t10 , Kier:+ tt: iur on the date Of Offer to purchase) who desire to redevelop their property consistent with the Southeast Overtown/Park '4est Redevelopment Plan will be given priority in the disposition of the land based on the following procedures: (a) The City of Miami will utilize the procedures established by the Miami City Charter, Section 53(c): Unified Develop- ment Projkcts. (b) Disposition guidelines and Request ror Proposal requirements will -be approved by the Dade County Commission and the Miami City Commission pursuant to public hearings. (c) Property owners must indicate within 60 days of receipt of offer to purchase from Dade County their desire to redevelop, their property (former) and submit a Request For Qualifica- tions (RFQ) to the City. The RFQ will request preliminary information on development and financial strategies. The purpose of the RFQ is to discern serious intention and ability V. Y to undertake redevelopment, The overtown Advisory Board (OAe) and the Pr(Q ett Managememt Cbmittee will review the RF'Qs and forward their recommendations to both the City and County Comtitissions for certification of priority consideration in the disposition of redevelopment parcels involving the partic- ipation of former property owners. (d) The City shall establish redevelopment parcels of at least one acre in size (Or one-half block) consistent with expressed interest of the property owners to redevelop (based on RFQs). (e) Technical assistance utilizing funding provided by the Urban Initiatives Grant will be provided by the. City and County staff and the OAS. This assistance will be available to former property owners and investment groups which contain a minimum of 50o representation of -former property owners. The technical assistance will be provided for the preparation of responses to RFQs and competitive Request For Proposals. 3. A competitive Request For Preposals (RFP) will be developed and advertised within six months from the date of offer to purchase by Dade County, pursuant to the Miami City Charter, rt?ction 53(c): Unified Development Projects; and Florida Statute 163.380: Disposal of Property in Community Redevelopment Areas. The selection of the Jay..'..; r will be•according to the following priority ranking: (a) Former property owners for development parcels which encompass their former property; (b) Investment Groups composed of a minimum of 50% former property owners from the four -block area; (c) Community Based Organizations; (d) Responsive black developers; (e) Joint ventures which include black developers; and (f) Others. a I 4, The selected developer will be requited to offer all former property dwners of the "site being developed an equity position in the develdpmeet- This investmedt will be at least equal to . the sale price of the land when purchased by Dade County, A former property owner may 11hVeSt less if they to detire 5: The City has primary responsibility foe working with the selected developers to develop land disposition agreements as `specified by t^e R-P. It is anticipated that the land will be made available to developers in accordance with City and County requirements, ' O*wEq PRCJ_CT ACT!ytTIES AND SOALS _c'< :cu:_y ?art ;;.pion Flan discussed above, the C tr are cc.T.^litted to minority and black participation in all ascects or areas `or ail deve?cpars in the project area: • contracting and construction goals; • construction hiring goals; • permanent hiring goals; and • retail space ownership goals. , f Fii:FArrriliFrt)t/FA j,rrr,�trrlr•r) Nlendd L tem 6 . 5 (d) (2 ) �a IluttwrabIL- t•1,17's1- .ttirt W.it Uu ubur lUi I)83 Board of Count•, Cd nilissionets iu6�Ec ' Resolution Apptovini the Prouerty 0whet's 8quity r<;ew IM.I t 1 Partieitation Plan lot the r-Ju'•, ' "� Overto:•:n urban initiativea Project Zt is recommaded that the Board approve the attached Protert-y C.+"ie2`'S E ilt�i P3Zt3G1Lc t2on P13:1 Cor he Ove to: n Urban tnitiat %ras Project: a _ "N (. Lade Count% and the City of "A a"_ are J: iIis .,or`C� ^ an urban 2I'.it2ati':e5 , rc]ac- in the Overtc-, .^, areay:•Ih_ h has bean V ` `• _ fl :'; ed .ti:. t.A t:w�.;1 :,a33 Tr�.n yCr_at- ., Ad-_nistrat. - T•...:: under PrcjPct : L-03-0069. Th; ,•.-ert-.:n Urban Initlatives project presentl+. in•ro].%-es the redevelopnent ofa four -block area bounded by 1.t9. 8th Street on the north, the-METRORAIL Rlah-Cf-•t•la4 (ap-roxi ;atel.- lst Court) on the east, V.;;1. 6th Street on the south and .I.W. 3rd Avenue on the west. An arena- ment to the Overtown grant has been submitted by UMTA to enlarce the overtown project area -by two .blocks bounded by N.I.I. 6th Street on the north, the :.ETRORAIL Right -Of -clay on the east, N.W. 5th Street on the south and N.W. 2nd Avenue on the west. However, th,3 inclusion of the two additional blocks has not been approved by UMTA yet. When the two additional blocks becone a part of the Overtown Urban Initiatives project, they will also be covered by the Proper t7 Owner's Equity Partici- pation Plan. One of the major coals of this project is to provide a mechanism and stimulate the equity participation of all current property owners in the redevelopment of the area. This goal, while apply- ing equally to all current property owners, has been termed ire Black Equity Participation Plan as an added focus for Slack property owners to participate. Under the irterlocal agreement governing management of the project, the City has the responsibility for directly marketing the property (through a competitive process) for development. The County Commission must approve the City's selection of a developer. In The course of promulgating its bid specifications, the City will have the responsibility for generating any factual bases and making any findings necessary to effectuate the race -conscious aspects of the Plan. The City will also have the responsibility for enforcing the bid specifications in order to assure that the developer lives up to the Plan's objectives. The County contracted with the firm of Kammer, Siler, George Associates (R-1059.82) to perform the initial analysis of the concept. The KSG study recommended that the County and City develop specifi..c implementation policies. County and City staff, working closely with the overtown Advisory Eoard (community leaders and residents) and the Qvertown Project~ Management Committee (governmental agencies) have completed the Property Owner's Equity Participation Plan. The Plan was approved by the OAE and OPMC in Seatomber. It is now before both' the County and City Co=_ ia*Jons for approval. The Plan is attached, It should be highlighted that the final Plan provides three distinct opportunities for equity p4rtici.- patiron: (l) as a developer/investors M as a particio nt in an investment groups and (3) ,as An equity investor in the develop- nt constructed on one's former property. a NOXWO100 -MAM, t. 0 N t -1.1 S.'� So it nit I r. i i n, t '.1 j , & i I ', A I 'OO' 0 LI I I ctt".;*"-er 0', a rl 0 N' L) L plait on September 28, 19E 3, At; tech ;:ent t 40 Dear FIRTI:Tpkv�ili The attaches: letter and documents concarn the impending purchase b.: 84i? Count':' of property you own '4i'hin tf;e O: erto,.;n Urban initiative Project Area. i;,a '.i'.v of Miami, in conjun:;cion with Daue County, is initiating the redevelopment of the Sout::iast Overtown Area as part of the JV,ai ?ice i:ii335`v . v?ri.ownl : ar<C West Re"a? `elcp!n.anl. P~J�z'"am. Funding for the redevelopment of the four block area bounded by N.W. 1st court, N.W. 3rd Avenue, N.W. dth Street, and N.W. 9th Street (Dvertown Urban 7niti3tives Proje-t Area) has been provid- ed by a grant from the U.S. Department of Transportation Urban Initiatives Program and maw,-ing City and County funds. The redevelopment program calls for the development of moderate -high density residential and commercial development. During the last three years a series of meetings and public hearings were held to discuss and formulate a redevelopment program that will provide a number of options for existing prop- erty owners to participate in the redevelopment program if they so desire. For those property owners who do not care to be involved in the redevelopment program, the County will purchase your property at a price to be determined by negotiation or through eminent domain proceedings (see Attachment 1). If, however, you do wish to participate in the redevelopment program, the options available to you, as a property owner, include: A. Sell your ro erty directly to Dade County at a price to be determined Oy negotiations or in eminent domain pro- ceedings and become an equity investor on the develop - Rent that will he -constructed on the site of your former ro ert . The selected eveloper w ll be required to orfer alr former property owners of the site being developed an equity position in the development. This cash investment will be at least equal to the sale price of the sand when acquired by Dade County. Former prop- erty owners may invest less funds if they so desire. This option will be available to all property owners and a determination on your desire to invest is not neces- 58ry at this time. 350lAL;1/24/ 4 _ _ A R A F T --- -- --- - page 1_ ""JL1 - Dear The attached Letter and documents concarn the impending purchase by :a I? C,oun t,r of property you '.awn 4ith1n t}2o OverM•.+wn urban i Ii`...3five Project Area. Tia ..icy of ;Miami, in conjjuri.:,�ion with Dade County, is initiating the redevelopment of the Southeast Overtown area as part of the vvertown,': arti ,Pest Re-.3ti'ylcpment ?rozrai. Funding for the redevelopment of the four block area bounded by :(.'n'. 1st court, N.W. 3rd Avenue, N.W. Gth Street, and A.W. 8th Street (Overtown Urban Initiatives Pro,;eyt Area) has been provid- ed by a grant from the U.S. nepartment of Transportation Urban Initiatives Program and ma,.,.ing City and County funds. The redevelopment program calls for the development of moderate -high density residential and commercial development. During the last three years a series of meetings and public hearings were held to discuss and formulate a redevelopment program that will provide a number of options for existing prop- erty owners to participate in the redevelopment program if they so desire. For those property owners who do not care to be involved in the redevelopment program, the County will purchase your property at a price to be determined by negotiation or through eminent domain proceedings (see Attachment 1). If, however, you do wish to participate in the redevelopment program, the options available to you, as a property owner, include: A. Sell your orooerty directly to Dade County at a price t ceedin s and become an equitX investor on the develop- ment that w 1 be constructed on the site of youFformer fro ert . The selected eveloper w l be required to or air former property owners of the site being developed an equity position in the development. This cash investment will be at least equal to the sale price of the land when acquired by Dade County. Former prop- erty owners may invest less funds if they so desire. This option will be available to all property owners and a determination on your desire to invest is not neces— sary at this time. 350;AL;1/24/04 D g A F T Pale 1 B. Se_l1_.you_u16 _prop.erty _ directly' to bade County at a or assistance i7__the preparation of a redevelopment ororam - ror youurfgrmer, property. Redevelopment parcels of at least one acre in size or one-half block will be estab- lished in a manner commensurate with the desire of for-- finer property owners to redevelop. All property owners who submit, an RFQ application, which must be approved by the City and County Commissions for priority sertificat.ion, will be required to submit a detailed development proposal anticipated to be due by September 30, 1984 under the provisions of the Request For Proposals (RFP) that will be -issued by the City. Former property owners will receive priority ranking in the evaluation of their Request For Proposal upon com- petitive compliance with RFP requirements anticipated to be issued in June 1984. Submission of an approved RFQ application does not mean that the former property owner will automatically be entitled to develop that land, but will simply establish a priority ranking in the evaluation of the redevelopment proposal (RFPs) if a viable proposal is submitted. Final selection of devel- opers will be made by the City and County Commissions. A major advantage to a property owner in complying with the RFQ/RFP process is that land may be resold or leased in the redevelopment -area at prices significantly below the prices paid to former property owners. The price charged will be determined by a reuse appraisal. This is based on a market analysis and the objectives of the redevelopment plan that anticipates such subsidies will be required to make redevelopment feasible by reducing the cost of such land for development (see Attach- ment 2). Property owners submitting RFQ applications that are approved by the City and County Commissions will receive priority ranking as a developer over other property owners not complying with the RFQ process. Attachment 9 includes a description of the technical assistance pro- gram available to property owners under the RFQ process. 350;AL;1/24/ u VA F _ - Pay 2 . g. be determined._by, n.e deeding-s and file a application with th the date of this le to receive- priority assistance in_the p for your former.pro least one acre in s lished in a manner mee property owners i w e (,Le a dev reparation of a redev ert Redevelopment ize or one-half block commensurate ,.ii th the to redevelop. C. iopment program parcels of at will be estab- desire of fors - All property owners who submit an RFQ application, which must be approved by the City and County Commissions for priority certificat.fon, will :,e required to submit a detailed development proposal anticipated to be due by September 30, 1984 under the provisions of the Request For Proposals (RFP) that will be -issued by the City. Former property owners will receive priority ranking in the evaluation of their Request For Proposal upon com- petitive compliance with RFP requirements anticipated to be issued in June 1984. Submission of an approved RFQ application does not mean that the former property owner will automatically be entitled to develop that land, but will simply establish a priority ranking in the evaluation of the redevelopment proposal (RFPs) if a viable proposal is submitted. Final selection of devel- opers wil.l be made by the City and County Commissions. A major advantage to a property owner in complying with the RFQ/RFP process is that land may be resold or leased in the redevelopment area at prices significantly below the prices paid to former property owners. The price charged will be determined by a reuse appraisal. This is based on a market analysis and the objectives of the redevelopment plan that anticipates such subsidies will be required to make redevelopment feasible by reducing the cost of such land for development (see Attach- ment 2). Property owners submitting RFQ applications that are approved by the City and County Commissions will receive priority ranking as a developer over other property owners not complying with the RFQ process. Attachment 9 includes a description of the technical assistance pro- gram available to property owners under the RFQ process. 350. AL;1 /24/84 A F T Page 2 S4vwl - C. sell __y_out�._.property._di,reetly_t0.__Dade__Coun y at a _pr_icet b2 deteNMine-d by negotiation or in eminent domain proms Csedin2s and Suomi; a or000sal in rasoonse to the will be issued by th letter.. Former property owners and investment groups composed of a minimum of 50,00 former property owners from the four -block UMTA area) will be given priority ranking over other applicants pending the submission of •: ;.a' ' e r-id?velopment pr..pooa, ,;n:er `,:ie R & antici- gated to to due by September 30, 1984. Property owners who have subczi It--d an approved RFq "see option 3) will receive priority ever other property owners hso :lave not ca,nplied with t"=t option. E. Enter into an agreement with -Dade -County which will allow you to retain ownership of your property upon compliance witn that agreement.- This option is availa- ble to property owners who singularly or jointly with other property owners have contiguous land holdings of at least one acre or one-half block. The property owner shall be required to sign such an agreement with Dade County within 30 days from the date of this letter. The agreement requires the property owner, upon failure to comply with any part of that agreement or the time limits set forth in that agreement, to sell his property directly to Dade county at a price based on the fair market value of the property at the time of signing the agreement (at a price to be determined by negotiation or in eminent domain proceedings). In addition, the agree- ment requires the property owner to submit a redevelop- ment proposal under the RFP process which must be subse- quently approved by the City and County Commissions and to remove structures on the site within a specified period (see Attachment 3). The attached package includes the official offer to purchase your property by Dade County together with additional information about the options that are available to you. It is extremely important that you follow deadlines established for the submis- sion of information and agreements to the City and the County. The attached listing includes the name of the document, the person to contact who can assist you in answering any questions you may have concerning that item, and deadlines that must be adhered to; 350.AL;1/24/64 D R A F T Page Wr - No. Document Contact Person Deadlines 1. Official. Dade County HUD Response to Offer Offer To Keith Bett March , 1984 Purchase 547-7200 2. Request For City of Miami Submission of Qualifications S.E. Overtown/ RFQ Application (RFQ) Park 'nest April , 1984 Project Offi-_e Chas, C. Stafford 579-3366 3. Contract City of Miami Submission of To Develop S.E. Overtown/ Signed Develop - Park West went Agreement Project Office March , 1984 Chas. C. Stafford 579-3366 It should be noted that item number 1, Official Offer to Pur- chase, is relevant to all property owners and should be carefully reviewed. The following is also provided for your information: 4. "Property Owners' Equity Participation Plan for the Overtown Urban Initiatives Project Area" 5. County Resolution No. R-1345-83 approving the Property Owners' Equity Participation Plan for the Overtown Urban Initiatives Project, as amended. 6. "Market Potential and -Development Strategies for the Southeast Overtown Redevelopment Program, Executive'Summary" (full document is available upon request from the Southeast Overtown/Park West Project Office). 7. "Southeast Overtown/Park West Community Redevelopment Plan, Summary" 8. "Phase I Overtown Transit Station Impact Area Redevelopment Proposal, Southeast Overtown/Park West Community Redevelop- ment Program" 9, Technical Assistance Program available under the RFQ process. 350;AL_ ;1/24/84 D R A F T Please do not hesitate to contact the Southeast Overtown/Park West Project Office for any additional information you may r_juire concerning the options that are currently available to you under this redevelopment program. in addition, a meeting has been scheduled for February , 198a, at 66'00 p.m. at the Metro -Dade Department of Housing and Urban Development Conference Room, 1401 Y.W. 7th Street, to discuss these matters. Abiding by the deadlines specified in the attached documents is ne,essary t:i insure that all of ,your ri---nts an3 options are m3intained. look forward to work-in' 4ith you on this very important project for the future of the City of Miami. Sincerely, Herbert J. Bailey Assistant City Manager Attachments 350:AL;1/24/$4 Page 5