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Home My WebLink AboutR-82-0678f RESOLUTION NO. 793 A RESOLUTION APPROVING DEVELOPMENT ! SITES FOR THE CITY OF MIAMI AFFORD- ABLE RENTAL HOUSING DEVELOPMENT PROGRAM, ALLOCATING CAPITAL FUNDS NOT TO EXCEED $500,000 FOR THE PURPOSE OF SECURING SITE OPTIONS, AND AUTHORIZING METROPOLITAN DADE COUNTY TO PROCEED WITH OPTION NEGOTIATIONS. WHEREAS, it has been determined that implementation of the City of Miami Affordable Rental Housing Development is contingent upon Metropolitan Dade County's participation in the development site acquisition -disposition process; and WHEREAS, the disposition of development sites acquired by the County on behalf of the City must conform to County real property disposition laws; and WHEREAS, Dade County real property disposition or- dinance mandate that development sites be specifically iden- tified and that development site information be provided to potential project sponsors as an integral component of a competitive developer selection process; and WHEREAS, specific development sites have been identi- fied which are deemed suitable for the development of multi -family housing consistent with the objectives of the program. NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The below listed development sites are approved for the Affordable Rental Housing Development Pro- gram: 1) Melrose Nursery Site Fritz Homesites, Plat Book 30, Page 46, an Un- encumbered Tract lying West of Northwest 25th Avenue, less street and the south 45 feet of Lot 3, Block 2, of Groveland Plat, Plat Book II, Page 54, (Lot size irregular); and Fritz Homesites, Plat Book 30, Page 46, an unencum- bered tract lying west of Northwest 25th Avenue, Dade County, Florida. CITY COMMIS MEETING OF JUL2 2 1982 IJNAM............. 2) Police Benevolent Association Site Police Benevolent Association Tract A, as recorded in Plat Book 86 Page 15, Dade County, Florida. 3) Highland Park Site Blocks 1 and 2 of Spring Gardens Subdivision, as recorded in Plat Book 5 Page 38, Dade County, Florida. 4) Little River Nursery Site The east half of Lot 19, less the canal right-of- way, Tuttle's Subdivision, Plat Book B, Page 3, and a parcel described as: Beginning 162 feet east and 352.5 feet north of the southwest corner of Lot 19, thence north 340, more or less, east 20 feet and south 340 feet, more or less thence west 20 feet to POB, Tuttle's Sub- division, Plat Book B, Page 3, Dade County, Florida. 5) Civic Center Site Tract B, Venago, as recorded in Plat Book 117 at Page 20, of the Public Records of Dade County, Florida. Section 2. Capital funds in an amount not to exceed $500,000 are authorized for use in securing options on the a- bove sites, which funds will be returned to the Capital fund at such time as Housing Bond proceeds are available. Section 3. Metropolitan Dade County BUD is author- ized to proceed to obtain options on the above sites. PASSED A14D ADOPTED this 22ND day of JULY , 1982. ATTES MAT Y HIRAI Acting City Clerk PREPARED AND APPROVED BY: �30E E . MAXWELL AS ISTANT CITY ATTORNEY �§� 1 �.ii. WVMS�T . •. .• MAURICE A. FERRE MAURICE A. FERRE MAYOR CORRECTNESS: FA Cr Howard Gary City Manager Dena Spillman, Director Department of Community Development 1,v�� July 12, 1982 Affordable Rental Housing Development Program City Commission Agenda Item July 22, 1982 It is recommended that the City Commission approve specific development sites for the Affordable Rental Housing Development Program and approve the use of up to $500,000 in Capital funds to allow Dade County to obtain options on these sites. On May 10, 1982, County Attorney Robert Ginsburg provided a legal opinion indicating that the Invitation for Proposals used by the City for soliciting proposals from private developers for participation in the Affordable Rental Housing Development Program was not in conformance with Dade County's competi- tive bidding requirements due to the fact that it did not identify specific project development sites. The City's General Obligation Housing Bond Ordinance and the bond validation judgment mandate Dade County's participation in the site acquisition -disposition component of the Program which requires that the City conform to the County's acquisition -disposition procedures. To comply with these procedures, it will be necessary for the City to conduct another developer selection process on the basis of a revised Invitation for Proposals identifying project development sites. In order to proceed, it is necessary that the City Commission approve specific sites for acquisition. Staff has evaluated a number of potential sites which are listed on Exhibit 1. Of these sites, five (5) have been identified as being most suitable for multi- family housing development. Estimated acquisition cost, location, proximity to public transportation, shopping, recreational facilities, health care services, and schools were important factors in selecting these sites. Other important considerations included relocation and site preparation costs which, for these sites, are relatively minimal. As the units proposed are directed toward moderate intone families, the marketability of the rental housing units in specific areas was critical in the site selection process. Further, the City's ability to market the mortgage revenue bonds requirement to finance these developments is highly contingent upon the quality of the sites. V Howard Gary Page two July 12, 1982 The sites recommended for approval are: 1. Police Benevolent Association Complex 2300 N.W. 14 Street Located in the Allapattah area, the "PBA" site is approximately 8.5 acres in size and is c p Tle of supporting about 475 units of housing. The estimated acquisition cost is $3,322,000 exclusive of site preparation and County administrative costs, or $7,000 per dwelling unit. 2. Civic Center N.W. 18 Street/N.W. 14 Avenue Located in the Civic Center area, this three (3) acre site is capable of supporting approximately 135 dwelling units. The appraised value of the site is $1,092,000 exclusive of site preparation and County administrative costs, or $7,400 per dwelling unit. 3. Highland Park N.W. 11 Street/N.W. 7 Avenue Located in the, vertown CD target area, the Highland Park site is approxi- mately 3.7 acres in size an3-is capable of supporting about 200 units of housing. A portion of the site is currently owned by the City. The balance of the site has been appraised at $753,250 exclusive of relocation, site preparation and County administrative costs, or $3,600 per dwelling unit. 4. Melrose Nursery 2800 N.W. 27 Avenue The elrose Nursery site located in Allapattah is approximately 8.5 acres in size and is capable of supporting about 475 dwelling units. The appraised value of the site is $2,000,000 exclusive of site preparation and County administrative costs, or $4,200 per dwelling unit. 5. Little River Nursery 400 N.E. 82 Terrace Approximately three (3) acres in size, the Little River.(Vursery ssite located in the Edison-Litt1-_R_iver area can support about 110 units of housing. The appr_aised value off` the site is $375,000 exclusive of site preparation and County administrative costs, or $3,400 per dwelling unit. The combined value of these sites is $7,500,000, or $5,800 per dwelling unit. In total, they are capable of supporting at least 1,300 units of housing with R-4 zoning. It is anticipated that options will not be obtainable on all of these sites, therefore, sites sufficient to support over 1,000 units of housing have been selected. Howard Gary Page three July 12, 1982 V, It was originally anticipated that, upon approval of development sites by the City Commission, housing bonds would be issued with the proceeds used to acquire the approved sites. However, the City's bond counsel has advised that it will be necessary for the Florida Supreme Court to rule on the public purpose question involved in this action. This process will take at least six months. Therefore, it is recommended that the City attempt to secure options on the above sites and proceed to solicit developer proposals in accordance with Dade County's requirements in the interest of moving the program forward. Further, it is recommended that Capital funds in the amount of up to $500,000 be authorized to secure site options until the Supreme Court renders an opinion on the legality of this issue, at which time the Capital fund would be reimbursed. While a negative decision by the Supreme Court might result in a loss of option funds by the City, we believe the risk is worth taking given bond counsel's opinion that Supreme Court review will be procedural due to the severe rental housing shortgage facing the City. A cooperation agreement defining the roles and responsibilities of Dade County and the City of Miami is now being drafted for bond counsel's review and will be presented for the City Commission's approval on September 9, 1982. Subse- quently, the Dade County Commission's approval will be required. Site acquisition negotiations will begin shortly thereafter. Also, on September 9, a mortgage revenue bond ordinance will be presented for the City Commission's approval, leading to a bond validation in Circuit Court. A revised Invitation for Proposals is now being drafted for approval by bond counsel, the County Attorney and the City Attorney. Meeting the above deadlines is contingent upon a high degree of cooperation among bond counsel, City and County Attorneys, Dade County HUD, and City staff. /rj f Enclosure Location: SW 17th Ave @ SW 6th/5th Description: Vacant parcel (+ .3 acres) -I Actions needed to create development site of sufficient size (+ - 1 acres: minimum 50 dus): 1. Acquisition of nine residential buildings $1,700,000 2. Relocation $ 135,000 3. Site clearance $ 60,000 Total $1,895,000 Site cost = 37,900 per unit 82-S ; 3_ Location: SW 1st Street @ 6th Avenue Description: Vacant parcel (+ .25 acres) Actions needed to create development site of sufficient size (+ - 1 acres: minimum 50 dus) 1. Acquisition of 11 structures (10 residential, 1 commercial) $1,000,000 2. Relocation $ 90,000 3. Site clearance $ 60,000 Total $1,150,000 Site cost per unit 23,000 per unit 82-6 7 3. ' Location: SW 22nd Avenue @ Flagler Note: The general location is among the busiest commercial intersections in Little Havana. Staff could not locate the suggested parcel. Actions necessary to create a housing site of sufficient size (± 1 acre: minimum 50 dus). 1. Acquisition of several commercial structures 2. Relocation 3. Site clearance Note: Costs could run as high as $3,000,� $60,000 per dwelling unit (conservative estimate)