HomeMy WebLinkAboutPre Summary Form 2AGENDA ITEM SUMMARY FORM
F1.1,E ID: O�
Date: 2/23/2007 Requesting Department: Community Development
Commission Meeting Date: 03/08/2007 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: EXTENDING THE CONSTRUCTION START DATE FOR MIAMI DREAM HOMES.
Purpose of Item:
GRANTING AN EXTENSION, UNTIL JULY 1, 2007, TO MIAMI DREAM HOMES INVESTMENT GROUP, INC.
(MIAMI DREAM HOMES) TO START CONSTRUCTION ON AT LEAST ONE OF THE PARCELS OF LAND,
LISTED IN EXHIBIT "A", ATTACHED AND INCORPORATED; FURTHER AUTHORIZING, DIRECTING AND
CONFIRMING THE REVERSION OF ONE VACANT PARCEL OF LAND LOCATED AT 1477 NW 60 STREET,
MIAMI FLORIDA, DESCRIBED IN EXHIBIT "B," ATTACHED AND INCORPORATED, TO THE CITY OF
MIAMI, WITH SAID TERMS AS DESCRIBED HEREIN; AUTHORIZING THE CITY MANAGER TO EXECUTE
ALL NECESSARY DOCUMENT(S) FOR SAID PURPOSE.
Background Information:
Pursuant to Resolution No. 06-0329, adopted May 25, 2006, the City Commission approved
one parcel (located at 1525 NW 60 street) to be developed as a new construction multi- family rental
project consisting of seven (7) units for low income persons and five parcels for single family
On July 5, 2006. the City of Miami conveyed the properties, through a corrective quit claim
deed, to Miami Dream Homes Investment Group, Inc.
Due to the delay in obtaining permits from the Department of Water and Sewer Authority and
Department of Environmental Resource Management, Miami Dream Homes was unable to start
construction as required in the quit claim deed
The Administration recommends extending the start construction date to July 1, 2007 to at
lease one of the parcels of land, listed in Exhibit "A", and also recommends reverting back to the City
of Miami one vacant parcel of land located at 1477 NW 60 Street Miami, Florida , as described in
Exhibit "B", previously conveyed to Miami Dream Homes
CIF
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General Account No:
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Final Approvals
(SIGN AND DATE)
Budget
G4&09 orreceivinp,capital funds Risk Manageme t
Purchasing Dept. Director ,
Chief rl City Managee'
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