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HomeMy WebLinkAboutPre Legislation 9J-03-178 3Cff3 2/27/03 3 — 0 1 5 RESOLUTION N0. A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CONVEYANCE OF TWO CITY -OWNED VACANT PARCELS LOCATED IN THE ALLAPATTAH NEIGHBORHOOD TO ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC. AS DEVELOPER, AT NO COST, FOR THE DEVELOPMENT OF TWO NEW SINGLE-FAMILY HOMES FOR FAMILIES AND INDIVIDUALS OF LOW AND MODERATE -INCOME, THE HEREIN AUTHORIZATION IS CONTINGENT UPON THE DEVELOPER: (1) AGREEING TO PAY THE COST OF ELIMINATING ALL TITLE DEFECTS EXISTING ON THE PARCELS, (2) PROVIDING EVIDENCE ACCEPTABLE TO THE CITY OF FIRM COMMITMENTS FOR PROJECT CONSTRUCTION AND PERMANENT FINANCING FOR PURCHASE BY QUALIFIED LOW AND MODERATE -INCOME HOMEBUYERS, (3) COMMENCING CONSTRUCTION WITHIN TWELVE MONTHS FROM THE DATE OF CONVEYANCE BY THE CITY, (4) COMPLYING WITH OTHER TERMS AND CONDITIONS, INCLUDING PARCEL REVERTER PROVISIONS, AS DEEMED APPROPRIATE BY THE CITY MANAGER AND THE CITY ATTORNEY, AND (5) PROVIDING THE ADMINISTRATION WITH A STATUS REPORT CONCERNING THE TITLE TO THE PARCELS WITHIN NINETY DAYS FROM THE DATE OF CONVEYP.NCE; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, a severe shortage of affordable housing exists in the City cf Miami ("City") for families and individuals in the low and moderate -income range; and CITY CO:�aZISSION r: ET__iG OF hesolu: � � •5 n3- `J WHEREAS, pursuant to Resolution No. 99-429, , adopted July 22, 1900the City Commission approved the City's proposed Five -Year Consolidated Plan (1999-2004) ("Plan") for submission to the United States Department of Housing and Urban Development including, as a major component of the Plan, a housing strategy designed to facilitate the annual creation of 1,000 new homeownership units for purchase by very low, low and moderate -income families; and WHEREAS, the two parcels are vacant City -owned properties located at 790 Northwest 29`h Terrace and 2374 Northwest 33rd Street, Miami, Florida, and the development plan proposed by Allapattah Business Development Authority, Inc. ("Developer") conforms to the Plan; and WHEREAS, Section 29-B of the City Charter, as amended, allows fer the conveyance or disposition of City -owned property in connection with the implementation of City -assisted housing programs or projects intended to benefit persons or households of low or moderate -income without competitive bidding requirements and fair market value return to the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MI?YMI , F LO c1DA Section :. The recitals and _findings contained in the Preamc-le t this Resc_',:tion are adopted by reference and ncorperated as _r -u-1--y set =or_ ii in =s Sect -ion. mace 2 cf 4 -.3- 215 Section 2. The conveyance of two City -owned parcels located at 790 Northwest 29"r Terrace and 2374 Northwest 33'° Street, Miami, Florida, at no cost to the Developer for the development of two new single-family homes for families and individuals of low and moderate -income is authorized. Section 3. The herein authorization is contingent upon the Developer (1) agreeing to pay the cost of eliminating all title defects existing on the parcels, (2) providing evidence acceptable to the City of firm commitments for project construction and permanent financing for purchase by qualified homebuyers, (3) commencing construction within twelve months from the date of conveyance by the City, (4) complying with other terms and conditions, including parcel reverter provisions, as deemed appropriate by the City Manager and the City Attorney, and (5) providing the administration with a status report concerning the title to the parcels within ninety days from the date of conveyance. Section 4. The City Manager is further authorized''-' to execute all necessary documents, in a form acceptable to the City Attorney, for said purpose. _he herein aLathcr:zat_cn- is f-Larther sub=ect to compliance with al_ rECuiremen is that maV DE ^1p0£EC Vbv the C1tV AttornEL', n _:m _ tEc tc these Drescr ihee by applicable City Cha -ter and Cr -de Drcv:sicns. Pa4e 3 cf 4 3- 24 Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.=/ PASSED AND ADOPTED this 27th day of February , 2003. (MANUEL A. DIAZ , MPA L_ ATTEST: I ILI�I PRISCILLA A. THOMPSON CITY CLERK APPROVED AS TO,F.ORM AND CORRECTNESS t/ VILAkELLO TV 968:tr:AS:BSS - If t ie �`laycr does ;lot si� , this Resclu'tion, it shall become effective at the enc cf Leri calendar days from the date it Was passed and adopted. if tt1e Mayor vetoes this Resolution, it become effect_ve _S^II'',EClate ly 'tipc- override Cf the Veto by the City CVrmi-iss.ion. Rage 4 of 4 210