HomeMy WebLinkAboutLegislationCity of Miami
" """ " # Legislation
"may Resolution
File Number: 10-00127
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE SALE OF A CERTAIN CITY OF MIAMI ("CITY") OWNED
PROPERTY LOCATED AT 1436 NORTHWEST 61ST STREET, MIAMI, FLORIDA,
TO THE INDIVIDUAL, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE A REAL
ESTATE PURCHASE AND SALE CONTRACT ("CONTRACT"), IN
SUBSTANTIALLY THE ATTACHED FORM, AND TO EXECUTE SUCH OTHER
DOCUMENTS AS MAY BE NECESSARY TO CONSUMMATE SUCH
TRANSACTION IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF
THE CONTRACT, WHICH TERMS MAY BE AMENDED BY THE CITY MANAGER
AS MAY BE NECESSARY IN ORDER TO MEET THE BEST INTERESTS OF THE
CITY.
WHEREAS, pursuant to Resolution No. 07-0305, adopted June 12, 2007, the Miami City
Commission approved the sale of the property specified in Exhibit "A", attached and incorporated, to
Tymara Coldin; and
WHEREAS, due to the lost of a subsidy, Tymara Coldin does not meet qualification for the
purchase of the aforementioned property; and
WHEREAS, pursuant to Resolution No. 08-0497, adopted September 11, 2008, the Miami City
Commission approved the sale of the property specified in Exhibit "A" to Maureen Allon and a
Purchase and Sale Agreement with the City of Miami ("City") was executed on November 19, 2008;
and
WHEREAS, on August 24, 2009, Maureen Allon submitted a request to cancel the purchase of the
aforementioned property and a Release of Contract was executed on September 10, 2009; and
WHEREAS, Jessica Pinnock, a new homebuyer, has expressed the desire to purchase said
property; and
WHEREAS, the Department of Community Development has reviewed Jessica Pinnock's
household income, and certifies that she is within 80% of the area median income, qualifying the
homebuyer as a low income household; and
- - --WHEREAS, the following conditions -have been put in-place for -the -purchase of- said property:
1. The property must remain owner -occupied for 30 years; and
2. In the case of sale or transfer of the property, the borrower will be required to sell the home to
an income eligible borrower approved by the City at a price not to exceed the maximum
allowable purchase price approved by the City Commission in existence at the time of sale;
City of Miami Page I of 2 File Id: 10-00127 (Version: 1) Printed On: 2/512010
File Number: 10-00127
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 adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The sale of a certain City -owned property located at 1436 Northwest 61st Street, Miami,
Florida, to the individual, as specified in Exhibit "a," attached and incorporated, is approved.
Section 3. The City Manager is authorized {1} to execute a Real Estate Purchase and Sale
Contract ("Contract"), in substantially the attached form, and to execute such other documents as may
be necessary to consummate such transaction in accordance with the terms and conditions of the
Contract, which terms may be amended by the City Manager as may be necessary in order to meet
the best interests of the City.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNESS
JULIE O. BRU
CITY ATTORNEY
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 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 Miand Page 2 of 2 File Id: 10-00127 (Version: 1) Printed On: 215/2010