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HomeMy WebLinkAboutText File Report 2File ID: 07-00306 Enactment #: R-07-0133 Version: 2 City of Miami Text File Report Type: Resolution Introduced: 2127/07 City Hall 3500 Pan American Drive Miami, FL 33133 www.miam igov. corn Status: Passed Enactment Date: 3/8/07 Controlling Body: Office of the City Clerk A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), MODIFYING CONDITION/RESTRICTION NO. 5 OF THE CORRECTIVE QUIT CLAIM DEED, DATED JULY 5, 2006, FROM THE CITY OF MIAMI TO MIAMI DREAM HOMES INVESTMENT GROUP, INC. TO PROVIDE THAT CONSTRUCTION ON THE PROPERTY LISTED IN EXHIBIT "A," ATTACHED AND INCORPORATED, OF ONE SINGLE. FAMILY HOME MUST COMMENCE NO LATER THAN JULY 1, 2007; STATING THE INTENTION OF THE CITY COMMISSION RELATED TO THE CONVEYANCE OF TITLE TO THE PROPERTIES LISTED ON EXHIBIT "A"; CONFIRMING THE REVERSION TO THE CITY OF MIAMI OF TITLE TO ONE VACANT PARCEL OF LAND LOCATED AT 1477 NORTHWEST 60 STREET, MIAMITLORIDA, LISTED ON EXHIBIT "B," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City Commission approved the conveyance, with title reverter conditions, of eleven parcels of City of Miami ("City") owned land directly to developers, for the construction of affordable housing for eligible low and moderate income persons; and WHEREAS, six (6) of the eleven parcels of City -owned land were conveyed to Miami Dream Homes Investment Group, Inc. (the "Properties") for the new construction of affordable single family homes; and WHEREAS, pursuant to Resolution No. 06-0329, adopted May 25, 2006, the City Commission approved the development as a new construction multi- family rental project; consisting of seven (7) units for low income persons, of the parcel of land located at 1525 Northwest 60 Street, Miami, Florida; and WHEREAS, the Properties were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream Homes") by Quit Claim Deed dated September 27, 2005 and Corrective Quit Claim Deed dated July 5, 2006; and WHEREAS, due to the delay in obtaining permits from the Department of Water and Sewer and the Department of Environmental Resource Management, Miami Dream Homes was unable to start construction as required by the quit claim deeds; and WHEREAS, the Administration recommends modifying the Corrective Quit Claim Deed to Miami Dream Homes to provide that construction on the Properties of one (1) single family home must commence no later July I, 2007; and City ofMiarni Page 1 Printed on 3/14/2008 Section 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. (2) City of Miami Page 2 Printed on 3/14,12008