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HomeMy WebLinkAboutPre Legislation 2City of Miami t .. Certified Copy {JL, City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00465 Enactment Number: R-07-0192 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RATIFYING THE CITY MANAGER'S EXECUTION OF THE FIRST AMENDMENT, IN THE ATTACHED FORM, TO THE AGREEMENT FOR PURCHASE AND SALE , OF CITY -OWNED REAL PROPERTY LOCATED AT 779 NORTHWEST 57TH STREET, MIAMI FLORIDA, BETWEEN THE CITY OF MIAMI AND PROGRESSIVE VISION COMMUNITY DEVELOPMENT CORPORATION, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION, TO PROVIDE FOR: (1) A THREE (3) MONTH EXTENSION TO SATISFY THE CONDITIONS PRECEDENT; AND (2) MODIFICATION OF THE UNIT COUNT AND TYPE TO PROVIDE THREE (3) OWNER OCCUPIED TOWNHOUSE UNITS WITHIN THE ECONOMIC AFFORDABILITY RANGE OF VERY LOW, LOW AND/OR MODERATE INCOME FAMILIES AND/OR INDIVIDUALS; WITH THE TERMS AND CONDITIONS MORE PARTICULARLY SET FORTH IN SAID FIRST AMENDMENT. WHEREAS, the City of Miami ("City") is the owner of certain real property located at 779 Northwest 57th Street, Miami, Florida ("Property"); and WHEREAS, the City has a severe shortage of housing within the affordability range of families and individuals of very low, low and moderate -income; and WHEREAS, the City declared the property surplus and authorized an Agreement for Purchase and Sale ("Agreement") under Resolution No. 05-0347, adopted May 26, 2005; and WHEREAS, the Agreement, which was executed on March 29, 2006 ("Effective Date"), has certain conditions precedent that must be met within 12 months of the Effective Date of the Agreement; and WHEREAS, Progressive Vision Community Development Corporation, Inc., a Florida not-for-profit corporation, ("Purchaser") requires an additional three (3) months to comply with the conditions precedent and has requested that it be permitted to build three (3) townhouse units, rather than four (4) condominium units; and WHEREAS, the deadline for satisfaction of the conditions precedent expired on March 30, 2007 and the City Manager executed the attached amendment, subject to City Commission ratification, to prevent the expiration of the Agreement; and WHEREAS, the City Commission determined it to be in the best interest of the City to ratify the execution of the attached amendment to extend the date for meeting the conditions precedent by ninety (90) days and modify the unit count and type of housing; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully City of Miami Page I of 2 R-07-0192 File Number: 07-00465 Enactment Number: R-07-0192 Section 2. The City Manager's execution of the First Amendmentf 1}, in the attached form, to the Agreement, of the Property, between the City and the Purchaser, to provide for: (1) a three (3) month extension to satisfy the conditions precedent; and (2) modification of the unit count and type to provide three (3) owner occupied townhouse units within the economic affordability range of very low, low and/or moderate income families and/or individuals, with the terms and conditions more particularly set forth in said First Amendment, is ratified. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Date: APRIL 12, 2007 Mover: VICE-CHAIRMAN SANCHEZ Seconder: COMMISSIONER SPENCE-JONES Vote: AYES: 5 - COMMISSIONER GONZALEZ, SARNOFF, SANCHEZ, REGALADO AND SPENCE-JONES Action: ADOPTED Date: APRIL 27, 2007 Action: SIGNED BY THE MAYOR 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-07-0192, with attachments, passed by the City Commission on 4/12/2007. November 14, 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 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. Ciry of Miami Page 2 of 2 R-07-0192