HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM LawDepartnaent
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Matter ID No.
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FILE ID:
Date: 06/09/2009 Requesting Department: Community Development
Commission Meeting Date: 06/18/2009 District Impacted: S
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
[] Other
Subject: Rescinding Resolutions No. 08-0012 and 08-0337 Authorizing the conveyance of the
property located at 1336 Northwest 60tStreet to Minique Properties and Investments. Inc.
Purpose of Item:
SP. 14
RESCINDING RESOLUTION NO. 08-0012 TO THE EXTENT THAT IT AUTHORIZED THE
CONVEYANCE OF THE PROPERTY LOCATED AT 1336 NORTHWEST 60H STREET, MIAMI,
FLORIDA, TO EQUITABLEMOUSIIIGCORP.; RESCINDING RESOLUTION NO. 08-0337 TO THE
EXTENT THAT IT AUTHORIZED THE CONVEYANCE OF THE PROPERTY LOCATED AT 1590
NORTHWEST 54TH STREET, MIAMI, FLORIDA TO MINIQUE PROPERTIES AND INVESTMENTS,
INC.; AUTHORIZING THE CONVEYANCE OF THE PROPERTY LOCATED AT 1336 NORTHWEST
60TH STREET, AS LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED, TO
MINIQUE PROPERTIES AND INVESTMENTS, INC. FOR THE DEVELOPMENT OF AFFORDABLE
HOUSING, SUBJECT TO ALL RESTRICTIONS PROVIDED IN RESOLUTION NO. 08-0337;
AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT IN
SUBSTANTIALLY THE ATTACHED FORM AND ALL OTHER NECESSARY DOCUMENTS FOR
SAID PURPOSE.
Background Information:
Please see attached
L i
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 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:
CIP
If using or rccciving capital funds
Grants
Final Approvals
(SiGN AND DATE)
Budget
Risk Manag
Purchasing Dept. Direct
Chief City Manag
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AGENDA ITEM SUMMARY FORM CONTINUED
Background .Infoi•ination:
Pursuant to Resolution No. 08-0012, adopted on January 10, 2008, the Miami City Commission
authorized the conveyance of the parcel of land located at 1336 Northwest 60th Street to Equitable
Housing Corp.
Pursuant to Resolution No. 08-0337, adopted on June 12, 2008, the Miami Cit Commission
authorized the conveyance of the parcel of land located at 1590 Northwest 54t Street to Minique
Properties and Investments, Inc. ("Minique").
On July 14, 2008, Equitable Housing Corp. informed the City of Miami Department of Community
Development that it would no longer be able to proceed with the development of its affordable
housing project due to the current economic conditions.
After a detailed analysis of the parcel located at 1590 Northwest 54th Street, it was determined that
the property is zoned for restricted commercial purposes and Minique's construction of a twin
townhome project would not be the best use of the site.
The Administration recommends: (1) rescinding Resolution No. 08-0012 to the extent that it
authorized the conveyance of the property located at located at 1336 Northwest 60th Street, Miami,
Florida, to Equitable Housing Corp., (2) rescinding Resolution No. 08-0337 to the extent that it
authorized the conveyance of the property located at 1590 Northwest 54TH Street, Miami, Florida to
Minique, and (3) authorizing the conveyance of the property located at 1336 Northwest 60th Street,
Miami, Florida, as legally described in Exhibit "A" attached and incorporated, to Minique for the
development of an affordable single family home, subject to all restrictions provided in Resolution No.
08-0337.