HomeMy WebLinkAboutR-83-0973J-83-870
9/26/83
RESOLUTION No. 83"973!
A RESOLUTION DESIGNATING THE UTILIZATION OF
UP TO $11,000,000 IN CITY OF NIAMI GENERAL
OBLIGATION HOUSING BOND PROCEEDS FOR THE
ACQUISITION OF LAND FOR THE DEVELOPMENT OF
AFFORDABLE RENTAL HOUSING IN THE SOUTHEAST
OVERTOWN/PARK (%EST COMMUNITY REDEVELOPMENT
AREA.
WHEREAS, the City Commission hereby determines that there
exists a critical shortage of affordable rental housing in the
City of Miami; and
WHEREAS, the City Commission considers the availability of
an adequate supply of affordable rental housing for families in
the moderate and low income range to be of utmost importance to
the economic well being of the City and its citizens; and
WHEREAS, the development of such housing is contingent, in
part, upon the availability of assembled land appropriate for
such housing, either publicly or privately sponsored; and
WHEREAS, the City Commission has determined it to be in the
public interest to acquire and assemble such land as may be
necessary to accomplish the development of such housing; and
WHEREAS, the City Commission has previously authorized the
utilization of Housing Bond Funds for the acquisition of land for
the development of affordable rental housing (Resolution No.
81-173); and
WHEREAS, the Miami City Commission approved in principle the
Southeast Overtown/Park West Community Redevelopment Plan
(Resolution No. 82-755); and
WHEREAS, the City of Miami has a Interlocal Cooperation
Agreement with Metropolitan Dade County (Resolution No. 83-187)
for the implementation of the Southeast uvertown/Park Rest
Redevelopment Program and the Intergovernmental Cooperation
Agreement (Resolution 82-940) for the implementation of the
Overtown Urban Initiatives Program; and
CITY COMMIS MISSION
MEETI14C OF
OCT 25 1983
RESOW I .,, 831,4 ! 3
REMAM(s
A
A
WHEREAS, the City of Miami is desirous of promoting the
construction of affordable rental housing within the Southeast
Overtown/Park West Community Redevelopment Project area)
NOW, THEREFORE, BE 11' RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The City Manager is hereby directed to
initiate the process leading to the acquisition of land suitable
for the development of a minimum of 800 units of rental housing
for low and moderate income families.
Section 2. The City Manager is hereby directed to
initiate the issuance of General Obligation housing bonds in the
amount of up to Eleven Million Dollars ($11,000,000.00) for the
purpose of funding such land acquisition, subject to such legal
determinations as may exist.
PASSED AND ADOPTED this 25tti day of October ► 1983.
Maurice A. Ferre
MAURICE A. FERRE
MAYOR
ATTEST:
R$LPH G. ONGIE
CITY CLERK
PREPARED AND APPROVED BY:
ROBERT N. SECHEN
ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
'4' �'l /�
3 E R. GARCIA—PEDROSA
:ITY ATTORNEY
RNS/wpc/ab/008
2
83--9731
IFN
F71i
CITY OF MIAMI FLORIDA
INTER -OFFICE MEMORANDUM
TO Manny Alvarez
Attn: Cathy Strickland
FRO`.- Robert N. Sechen
Assistant City Attorney
October 20, 1983
Uur
FILEA-83-213
Resolution J-83-870
AMENDED RESOLUTION
Please find attached a sinned AMENDED RESOLUTION.
Our resolution number which is typed in the left,
hand corner is J-83-870 and is entitled:
A RESOLUTION DESIGNATING THE UTILIZATION OF UP TO
$11,000,000 IN CITY OF MIAMI GENERAL OBLIGATION
HOUSING BOND PROCEEDS FOR THE ACQUISITION OF LAND
FOR THE DEVELOPMENT OF AFFORDABLE RENTAL HOUSING
IN THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AREA.
As per our conversation of this afternoon please
send us the other signed copy so we may be certain
of its destruction to avoid any confusion.
LA
cc Arline Hodgson
Dena Spillman
83-9'731