HomeMy WebLinkAboutM-83-0723CITY OF MIAMI. FLORIDA
INTEROFFICE MEMORANDUM
'G H(,.iard V. Gary °TF July IR, 191113 FILE
City iMananer
9 F3KI Dena Spillman, Director f:f F1 HEN, Eli Affordable :?causing Program
Coil1r{Jn1 tV (,I'VelUj?Ill(?Ilt Site f C (-,lii'_J Hon !�ecol,Viendatlons
Dade County HUD ha , r('j)0rted that i t i s unl i E:ely th,i t o'ptiens rill be secured
on three of the form Affordable Housing Propran sites apnroved for acquisition
by the City Cor r,Iission. These are the J•lelrose Nursery, PRA, and Highland Park
sites. The owners of the properties coclprising the Highland Park site are not
satisfied with the City's offering price (combined appraised value 5735,000)
and PBA officials are asking approximately 53,200,000 for their property which
is valued at S1,500,0'J0. The owners of the Melrose site have requested that
their property be condemned for tax purposes.
On May 12, the City Commission, through Resolution No. 83-371 directed that
eminent doi,iain proceedings be instituted to gain possession of the approved sites
in the event it was not possible to option them. It now appears that condemnation
will be necessary to move the program ahead.
If eminent domain proceedings are instituted, an amount equal to the appraised
value of these sites must be deposil.ed with the Court. This deposit must be
made at the time of the Court hearing, which is normally 60 days from the date
of filing. The City will have site control as of the hearing date.
It is my understanding that funds for the deposit and related acquisition ex-
penses can be made available from the City's G.O. bond fund pool until such time
as G.O. hcusina bonds can be sold.
With your approval of an eminent domain, action and the temporary use of G.O.
bond pool funds, I will advise Dade to proceed.
/so
�33-7231