HomeMy WebLinkAboutPre Legislation 2City of Miami
.�......r� Certified Copy
File Number: 07-00400
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Enactment Number: R-07-0174
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CONVEYANCE, WITH PARCEL REVERTER PROVISIONS,
OF CERTAIN CITY OF MIAMI ("CITY") OWNED PARCELS OF LAND, TRACTS A
AND C AS LEGALLY DESCRIBED IN EXHIBIT "A," ATTACHED AND
INCORPORATED, TO MADISON HOUSING II, LTD., FOR THE DEVELOPMENT
OF AFFORDABLE RENTAL AND/OR HOMEOWNERSHIP UNITS ("PROJECT");
REQUIRING SAID DEVELOPER'S ASSUMPTION OF $412,625, OF THE CITY'S
INVESTMENT IN THE PROJECT AND THE PROPERTY; AUTHORIZING THE
CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM, AND ALL OTHER NECESSARY
DOCUMENTS FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. 06-0423, adopted July 13, 2006, the City Commission
approved the conveyance of certain City of Miami owned parcels (the "Property") to Madison Housing,
Ltd. for the development of affordable rental and/or homeownership units; and
WHEREAS, Madison Housing, Ltd. has requested that to assist with its application for Florida
Housing Finance Corporation tax credits, a portion of the Property, Tracts A and C as legally described
on Exhibit 'A" be conveyed to Madison Housing II, Ltd., and a portion of the Property, Tracts B and D
as legally described on Exhibit "B," be conveyed to the Madison Housing, Ltd., both being
partnerships including affiliates of Gatehouse Group, Inc. and Mt. Zion Developments, Inc.; and
WHEREAS, Resolution No. 06-0423 has been rescinded; and
WHEREAS, Madison Housing II, Ltd. will have twelve (12) months from the date of conveyance of
Tracts A and C to start, and thirty (30) months to complete, construction of the Project having at least
40 units (the "Project"); and
WHEREAS, in the event that the construction of the Project is allocated funding by the City of
Miami ("City") Housing and Commercial Loan Committee, the time frames for commencement and
completion of construction shall be subject to the standard time frames adopted by the Housing and
Commercial Loan Committee;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings continued in the Preamble to this Resolution are adopted by
reference and incorporated as if fully sets forth in this Section.
Section 2. The conveyance to Madison Housing II, Ltd., with parcel reverter provisions, of certain
City owned parcels of land, Tracts A and C as legally described in Exhibit "A," attached and
incorporated, for the Project having at least 40 units, is authorized.
Section 3. The conveyance shall be subject to the condition that Madison Housing II, Ltd. shall
City of Miami Page I of R-07-0174
File Number: 07-00400 Enactment Number: R-07-0174
have twelve (12) months from the date of conveyance of the property to start, and thirty (30) months to
complete, construction. In the event that the construction of the Project is allocated funding by the City
Housing and Commercial Loan Committee, the time frames for commencement and completion of
construction shall be the standard time frames adopted by the Housing and Commercial Loan
Committee.
Section 4. The assumption by Madison Housing II, Ltd. of $412,625 of the City's investment in the
Project and the Property, is required.
Section 5. The City Manager is authorized {1} to execute a purchase and sale agreement, in
substantially the attached form, and all other all necessary documents for said purpose.
Section 6. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {2}.
Date:
MARCH 22, 2007
Mover:
COMMISSIONER SPENCE-JONES
Seconder:
COMMISSIONER REGALADO
Vote:
AYES: 5 - COMMISSIONER GONZALEZ, SARNOFF, SANCHEZ, REGALADO AND
SPENCE-JONES
Action:
ADOPTED WITH MODIFICATIONS
Date: MARCH 27, 2007
Action: SIGNED BY THE MAYOR
File Number: 07-00400
Enactment Number: R-07-0174
I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do
hereby certify that this constitutes a true and correct copy of Resolution No. R-07-0174, with
attachments, passed by the City Commission on 3/22/2007.
March 18, 2008
Date Certified
{1 } The herein authorization is further subject to compliance with all requirements that may be imposed
by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code
provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Pan 3 of R-07-nl74
SI. 3—SUBSTITUTE ITEM
MARCH 22, 2007
G�C1 t/F
City of MiamiC4 Hall
3500 Pan American
W
. _ Drive
lawn I
as Miami, FL 33133
Legislation Miami,
Resolution
File Number: 07-00400 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CONVEYANCE, WITH PARCEL REVERTER PROVISIONS,
OF CERTAIN CITY OF MIAMI ("CITY") OWNED PARCELS OF LAND, TRACTS A
AND C AS LEGALLY DESCRIBED IN EXHIBIT "A," ATTACHED AND
INCORPORATED, TO MADISON HOUSING II, LTD., FOR THE DEVELOPMENT
OF AFFORDABLE RENTAL AND/OR HOMEOWNERSHIP UNITS ("PROJECT");
REQUIRING SAID DEVELOPER'S ASSUMPTION OF $412,625, OF THE CITY'S
INVESTMENT IN THE PROJECT AND THE PROPERTY; AUTHORIZING THE
CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM, AND ALL OTHER NECESSARY
DOCUMENTS FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. 06-0423, adopted July 13, 2006, the City Commission
approved the conveyance of certain City of Miami owned parcels (the "Property") to Madison Housing,
Ltd. for the development of affordable rental and/or homeownership units; and
WHEREAS, Madison Housing, Ltd. has requested that to assist with its application for Florida
Housing Finance Corporation tax credits, a portion of the Property, Tracts A and C as legally described
on Exhibit 'A" be conveyed to Madison Housing II, Ltd., and a portion of the Property, Tracts B and D
as legally described on Exhibit "B," be conveyed to the Madison Housing, Ltd., both being
partnerships including affiliates of Gatehouse Group, Inc. and Mt. Zion Developments, Inc.; and
WHEREAS, Resolution No. 06-0423 has been rescinded; and
WHEREAS, Madison Housing II, Ltd. will have twelve (12) months from the date of conveyance of
Tracts A and C to start, and thirty (30) months to complete, construction of the Project having at least
40 units (the "Project"); and
WHEREAS, in the event that the construction of the Project is allocated funding by the City of
Miami ("City") Housing and Commercial Loan Committee, the time frames for commencement and
completion of construction shall be subject to the standard time frames adopted by the Housing and
Commercial Loan Committee;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings continued in the Preamble to this Resolution are adopted by
reference and incorporated as if fully sets forth in this Section.
Section 2. The conveyance to Madison Housing II, Ltd., with parcel reverter provisions, of certain
City owned parcels of land, Tracts A and C as legally described in Exhibit "A," attached and
THIS DOCW11ENT IS A
c,ry af^t� R I _ �� ye 1 oJo �r„refQ,�/traoo7
File Number 07-00400
Section 3. The conveyance shall be subject to the condition that Madison Housing il, Ltd. shall
have twelve (12) months from the date of conveyance of the property to start, and thirty (30) months to
complete, construction. In the event that the construction of the Project is allocated funding by the City
Housing and Commercial Loan Committee, the time frames for commencement and completion of
construction shall be the standard time frames adopted by the Housing and Commercial Loan
Committee.
Section 4. The assumption by Madison Housing II, Ltd. of $412,625 of the City's investment in the
Project and the Property, is required.
Section 5. The City Manager is authorized {1} to execute a purchase and sale agreement, in
substantially the attached form, and all other all necessary documents for said purpose.
Section 6. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {2}.
APPROVED AS TO FORM AND CORRECTNESS:
JOG RNANDEZ
CITY ORNEY
Footnotes:
{1} The herein authorization is further subject to compliance with all requirements that may be imposed
by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code
provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
THIS DOCUME T IS A SUSSTITUTION TO
QRIGINA-- B 11< P.
SEEN AT EIS_®I� TI -
0 I wf. .3311PNIAL CAS BE
IS DOCUMENT
City of Miami Page 2 of 2 Printed On. 312M007
A RESOLUTI OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS,
AUTHORIZING ESCINDING RESOLUTION NUMBER 06-0423; FURTHER
AUTHORIZING E CONVEYANCE, WITH PARCEL REVERTER PROVISIONS,
CERTAIN CITY O D PARCELS OF LAND, LEGALLY DESCRIBED IN EXHIBIT
"A", TO MADISONOUSING il, LTD. FOR THE DEVELOPMENT OF
AFFORDABLE REN L AND/OR HOMEOWNERSHIP UNITS ("PROJECT');
AUTHORIZING THE OLTY MANAGER TO EXECUTE ALL NECESSARY
DOCUMENTS FOR SAIV PURPOSE.
WHEREAS, pursuant to Resolut n 06-0423, adopted July 13, 2006, the City Commission
approved the conveyance of certain OV of Miami owned parcels to Madison Housing, Ltd for the
development of affordable rental and/o homeownership units; and
WHEREAS, the Developer will have tkelve (12) months from the date of conveyance the Property
to start and thirty (30) months to complete kristruction of a first phase of at least 40 units;
NOW, THEREFORE, BE IT RESOLVED BY VE COMMISION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings continued 0
reference and incorporated as if fully sets forth in
Section 2,Rescinding Resolution Number 06-0423,
Preamble to this Resolution are adopted by
a Section.
Section 3. The City Manager is authorized (1) to conv ,with parcel reverter conditions, certain City of
Miami owned parcels of land, legally described in Exhibi "A", attached and incorporated, to Madison
Housing 11, Ltd. for the development of affordable rental a d/or homeownership units.
Section 4. The City Manager is authorized to execute all nedgssary documents for said purpose.
Footnotes;
(1) The herein authorization is further subject to compliance with arkrequirements that may be imposed
by the City Attorney, including but not limited to those prescribed bypplicable City Charter and Code
provisions.
(2) If the Mayor does not sign this Resolution, it shall become effective 3kthe end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes thissolution, it shall become
effective immediately upon override of the veto by the City Commission.
Clty of Miaml
- Page I of I
Printed On., J/1 SIZ007
City of Miami
City Hall
3500 Pan American
,,..
Drive
Legislation,
Miami, FL 33133
{'G'ro r�„w��•
www.miamigov.com
Resolution
File Number; 07- 400
Final Action Date;
A RESOLUTI OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS,
AUTHORIZING ESCINDING RESOLUTION NUMBER 06-0423; FURTHER
AUTHORIZING E CONVEYANCE, WITH PARCEL REVERTER PROVISIONS,
CERTAIN CITY O D PARCELS OF LAND, LEGALLY DESCRIBED IN EXHIBIT
"A", TO MADISONOUSING il, LTD. FOR THE DEVELOPMENT OF
AFFORDABLE REN L AND/OR HOMEOWNERSHIP UNITS ("PROJECT');
AUTHORIZING THE OLTY MANAGER TO EXECUTE ALL NECESSARY
DOCUMENTS FOR SAIV PURPOSE.
WHEREAS, pursuant to Resolut n 06-0423, adopted July 13, 2006, the City Commission
approved the conveyance of certain OV of Miami owned parcels to Madison Housing, Ltd for the
development of affordable rental and/o homeownership units; and
WHEREAS, the Developer will have tkelve (12) months from the date of conveyance the Property
to start and thirty (30) months to complete kristruction of a first phase of at least 40 units;
NOW, THEREFORE, BE IT RESOLVED BY VE COMMISION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings continued 0
reference and incorporated as if fully sets forth in
Section 2,Rescinding Resolution Number 06-0423,
Preamble to this Resolution are adopted by
a Section.
Section 3. The City Manager is authorized (1) to conv ,with parcel reverter conditions, certain City of
Miami owned parcels of land, legally described in Exhibi "A", attached and incorporated, to Madison
Housing 11, Ltd. for the development of affordable rental a d/or homeownership units.
Section 4. The City Manager is authorized to execute all nedgssary documents for said purpose.
Footnotes;
(1) The herein authorization is further subject to compliance with arkrequirements that may be imposed
by the City Attorney, including but not limited to those prescribed bypplicable City Charter and Code
provisions.
(2) If the Mayor does not sign this Resolution, it shall become effective 3kthe end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes thissolution, it shall become
effective immediately upon override of the veto by the City Commission.
Clty of Miaml
- Page I of I
Printed On., J/1 SIZ007