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HomeMy WebLinkAboutSummary FormDate: 01/14/2009 AGENDA ITEM SUMMARY FORM FILE ID: Q ! 'UCXX0 '? Commission Meeting Date: 02/12/2009 Law Department Matter ID No. 09-42 Requesting Department: Community Development District Impacted: 1 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: EXTENSION OF TIME TO COMPLETE CONSTRUCTION FOR ALLAPATTAH COMMUNITY HOUSING II, INC. Purpose of Item: AUTHORIZING THE CITY MANAGER TO GRANT ALLAPATTAH COMMUNITY HOUSING II, INC., AN EXTENSION OF TIME TO COMPLETE CONSTRUCTION FROM DECEMBER 1, 2008 TO MARCH 1, 2009, ON THE PROPERTY LOCATED AT 1390 NW 24th AVENUE ("PROPERTY"), LEGALLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS FOR SAID PURPOSE. Background Information: Please see attached Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No.- Special o:Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) CIP Budl If using or receiving capital funds Grants Risk Purchasing,n I Dept Chief City paaa 1 of AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 04-0380, adopted June 10, 2004, the Miami City Commission approved the conveyance of the City of Miami ("City") owned property located at 1390 NW 24th Avenue, Miami ("Property"), to Allapattah Community Action, Inc. ("ACA"), a Florida not-for-profit corporation, for the development of Affordable housing. On June 29, 2004, an Agreement for Purchase and Sale was executed between the City of Miami and ACA. Action requested that to facilitate the receipt of HUD 202 Program funding and mitigate the costs in connection therewith, the City convey the Property directly to Allapattah Community Housing II, Inc., the not-for-profit organization created by ACA to receive the HUD 202 Program funding. Pursuant to Resolution No. 07-0541, adopted on September 27, 2007, the Miami City Commission authorized the conveyance of the Property to Allapattah Community Housing II, Inc., for the development of rental housing for elderly individuals and/or families with very low, low and/or moderate income. On September 27, 2007, a Special Warranty Deed was executed between the City and Allapattah Community Housing, II; which required that construction be completed on December 1, 2008. Due to the delays in the installation and availability of the required electrical meters and the power source needed for the final testing of equipment and all the life safety components from Florida Power and Light, Allapattah Community Housing II, Inc. is requesting that the construction completion date for the project be extended from December 1, 2008 to March 1, 2009. The Administration recommends granting Allapattah Community Housing II, Inc. an extension of time to complete construction from December 1, 2008 to March 1, 2009 on the property located at 1390 NW 24th Avenue, Miami, legally described in Exhibit "A", attached and incorporated.