HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department
Matter ID No.
FILE ID:
wa�y
Date: 06/29/2009
Commission Meeting Date: 07/09/2009
Requesting Department: Community Development
District Impacted: 5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: ACCEPTING THE CONVEYANCE OF PARCELS OF LAND TO THE CITY,-
CANCELLATION
ITY;CANCELLATION OF THE PURCHASE AND SALE AGREEMENT AND CONVEYANCE OF
TWO PARCELS OF LAND TO PALMETTO HOMES OF NIIAW, INC.
Purpose of Item.-
ACCEPTING
tem:
ACCEPTING THE CONVEYANCE OF THE PARCELS OF LAND LOCATED AT 6005 NORTHWEST
15TH AVENUE AND 1461 NORTHWEST 60 STREET TO THE CITY OF MIAMI; AUTHORIZING
THE CANCELLATION OF THE PURCHASE AND SALE AGREEMENT BETWEEN THE CITY OF
MIAMI AND PALMETTO HOMES OF MIAMI, INC. FOR THE PARCEL OF LAND LOCATED AT 1477
NORTHWEST 6e STREET, MIAMI, FLORIDA; AUTHORIZING THE CONVEYANCE OF THE
PARCELS OF LAND LOCATED AT 1320 NORTHWEST 61a STREET AND 1370 NORTHWEST
61sT STREET, MIAMI, FL, WITH PARCEL REVERTER PROVISIONS, AS LEGALLY DESCRIBED IN
EXHIBIT -9, ATTACHED AND INCORPORATED, TO PALMETTO HOMES OF MIAMI, INC. FOR
THE DEVELOPMENT OF THE GREEN TOWNHOMES PROJECT, SUBJECT TO ALL
RESTRICTIONS PROVIDED IN RESOLUTION NO. 08-0334; 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
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
Ifuemg orreceivinAcapiW fiords
Grants
Final ADtprovals
(SIGN AND DATE)
Budget
Risk
Purchasing Dept
Chief
_ City
Page 1 of
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 07-0053, adopted on January 25, 2007, the Miami City Commission
authorized the conveyance of the parcels of land located at 1461 Northwest 6e Street and 6005
Northwest Ie Avenue to Palmetto Homes of Miami, Inc. {"Palmetto Homes") for the construction of
affordable housing.
On February 20, 2006, those two parcels of land were deeded to Palmetto Homes.
Pursuant to Resolution No. 08-0334, adopted on June 12, 2008, the Miami C1 Commission
authorized the conveyance of the parcel of land located at 1477 Northwest 60 Street to Palmetto
Homes for the construction of affordable housing_
On August 5, 2008, a Purchase and Sale Agreement between Palmetto Homes and the City of Miami
("City') was executed for the site located 1477 Northwest 6e Street.
Due to Palmetto Homes' unsuccessful negotiations with the owner of a bordering site necessary to
implement this project, Palmetto Homes has agreed to convey the two parcels of land at 6005
Northwest 1 e Avenue and 1461 Northwest 60'" Street back to the City and to cancel the Purchase
and Sale Agreement for the parcel of land located at 1477 Northwest 60" Street.
The City -owned properties located at 1320 Northwest 61st Street and 1370 Northwest 61st Street
are available for conveyance to Palmetto Homes of Miami, Inc. for the development of the Green
Townhomes Project.
IThe Administration recommends: (1) accepting the conveyance of the parcels of land located at 6005
Northwest 15th Avenue and 1461 Northwest 60'" Street to the City; (2) cancelling the Purchase and
Sale Agreement between the City and Palmetto Homes for the parcel of land located at 1477
Northwest 60' Street, Miami, and (3) authorizing the conveyance of the parcels of land located at
1320 Northwest 61s' Street and 1370 Northwest 61St Street, Miami, Florida, as legally described in
Exhibit 'A", attached and incorporated, to Palmetto Homes for the development of the Green
Townhomes Project, subject to all restrictions provided in Resolution No. 08-0334.