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HomeMy WebLinkAboutLegislation�\ GF City of Miami City Hall 3500 Pan American Drive T' Legislation Miami, FL 33133 .. www.miamigov.com Resolution File Number: 09-00611 Final .action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO REVERT THE PARCEL OF LAND CONVEYED TO PROGRESSIVE VISION COMMUNITY DEVELOPMENT CORPORATION, INC., LOCATED AT 779 NORTHWEST 57TH STREET, MIAMI, FLORIDA, LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED, BACK TO THE CITY OF MIAMI ("CITY") FOR NON-COMPLIANCE WITH THE TERMS SPECIFIED IN THE CITY DEED, SECTION 2: COMMENCEMENT OF CONSTRUCTION WITHIN TWELVE (12) MONTHS FROM THE DATE OF CONVEYANCE; AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS, FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 05-0347, adopted May 26, 2005, the Miami City Commission authorized the City Manager to execute the Purchase and Sale Agreement between the City of Miami ("City") and Progressive Vision Community Development Corporation, Inc. ("Progressive Vision") for the site located at 779 Northwest 57th Street, Miami, Florida; and WHEREAS, on March 29, 2006, the Purchase and Sale Agreement between the City and Progressive Vision was executed; and WHEREAS, pursuant to Resolution 07-0192, adopted April 12, 2007, the Miami City Commission authorized the City Manger to ratify the First Amendment to the Purchase and Sale Agreement to provide for (i) a three (3) months extension to satisfy conditions precedent; and (ii) modification of the unit count and type to provide three owner occupied townhouse units; and WHEREAS, pursuant to Resolution 07-0372, adopted June 28, 2007, the Miami City Commission authorized the City Manager to execute the Second Amendment, executed on July 23, 2007, to extend the deadline to satisfy conditions precedent by a period of seventy (70) days, expiring on September 7, 2007 and Consent to Assignment of Purchase and Sale Agreement; and WHEREAS, the City Deed ("Deed") was executed on October 3, 2007 between the City and Progressive Vision requiring construction to start within twelve (12) months from the date of the Deed; and WHEREAS, construction has not started on the property despite continuous reminders to the developer with respect to his obligation under the Deed restrictions; and WHEREAS, the Administration recommends to revert the parcel of land located at 779 Northwest 57th Street, Miami, Florida, from Progressive Vision back to the City for non-compliance with the terms specified in the Deed; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, City of Miami Page I of 2 Printed On: 5/29/2009 File Number.• 09-00611 FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Manager is authorized {1} to revert the parcel of land conveyed to Progressive Vision, located at 779 Northwest 57th Street, Miami, Florida, legally described in Exhibit "A", attached and incorporated, to the City for non-compliance with the terms specified in the Deed, Section 2: Commencement of Construction within twelve (12) months from the date of conveyance; as specified in Exhibit "A" attached and incorporated. Section 3. This Resolution shall become effective immediately upon its adoption and Signature of the Mayor.{2} APPROVED AS TO FORM AND RRECTNESS: JULIE O. BRU !' CITY ATTOF 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. City of Miami Page 2 of 2 Printed On: 5/29/2009