HomeMy WebLinkAboutR-03-1177City of Miami
Legislation
Resolution: R-03-1177
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 03-0262 Final Action Date: 11/13/2003
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH
ATTACHMENT(S), AMENDING RESOLUTION NO. 02-865, AS AMENDED BY
RESOLUTION NOS. 02-1056 AND 03-427, WHICH AUTHORIZED THE
CONVEYANCE OF CITY -OWNED PROPERTIES LOCATED AT 3658 FROW
AVENUE, MIAMI, FLORIDA, AND 3648 OAK AVENUE, MIAMI, FLORIDA, TO
THE COCONUT GROVE COLLABORATIVE, INC.
("COLLABORATIVE") FOR THE CONSTRUCTION OF TWO SINGLE FAMILY,
OWNER -OCCUPIED HOMES, AFFORDABLE TO VERY LOW, LOW AND
MODERATE -INCOME FAMILIES AND INDIVIDUALS, TO MODIFY THE TIME
FRAMES TO: (1) COMMENCE CONSTRUCTION OF IMPROVEMENTS ON
THE LOT LOCATED AT 3648 OAK AVENUE, MIAMI, FLORIDA, FROM SIX (6)
MONTHS AS SET FORTH IN RESOLUTION NO. 03-427 TO TWELVE (12)
MONTHS FROM THE DATE OF CLOSING, (2) COMPLETE
CONSTRUCTION OF THE IMPROVEMENTS FROM TWENTY-FOUR (24)
MONTHS FROM THE DATE OF COMMENCEMENT OF CONSTRUCTION TO
TWENTY-FOUR (24) MONTHS FROM THE DATE OF CLOSING, AND (3)
PROVIDE EVIDENCE THAT THE COLLABORATIVE HAS SECURED A
BUYER OF THE IMPROVED PROPERTY AT 3648 OAK AVENUE, MIAMI,
FLORIDA, WHO SATISFIES THE APPLICABLE AFFORDABLE HOUSING
INCOME TEST REQUIREMENTS FROM PRIOR TO CLOSING TO PRIOR TO
COMMENCEMENT OF CONSTRUCTION OF THE PROPERTY LOCATED AT
3648 OAK AVENUE, MIAMI, FLORIDA.
WHEREAS, the City Commission, pursuant to Resolution No. 03-427, adopted May 8, 2003,
(which amended Resolution No. 02-865, as amended by Resolution No. 02-1056) approved the
conveyance of two (2) City -owned lots to Coconut Grove Collaborative, Inc.("Collaborative") for the
construction of two single-family, owner -occupied homes, affordable to very low, low and/or
moderate -income families and/or individuals on City -owned real property located at 3658 Frow
Avenue, Miami, Florida, and 3648 Oak Avenue, Miami, Florida; and
WHEREAS, the closing of the sale of the properties to the Collaborative is scheduled for
November 14, 2003; and
WHEREAS, there appears to be a title defect affecting the property located at 3648 Oak
Avenue, Miami, Florida ("Property"), more particularly described in "Exhibit A," attached and
incorporated ; and
WHEREAS, the Collaborative wishes to close the purchase of the Property notwithstanding the
title defect provided that the City of Miami ("City") extends the period of commencement of
City of Miami
Page 1 of 2 File Id: 03-0262 (Version: 2) Printed On: 8/19/2016
File Number: 03-0262 Enactment Number: R-03-11 77
construction of improvements on the Property from six (6) months after the date of closing, as set
forth in Resolution No. 03-427, to twelve (12) months after the date of closing; and
WHEREAS, the Collaborative has agreed that notwithstanding the extended date for
commencement of construction on the Property it will complete construction within 24 months after
closing instead of 24 months from the date of commencement of construction, as contemplated in
Resolution 03-427; and
WHEREAS, due to the title defect, the Collaborative has further requested that it be permitted
to submit evidence that it has secured a qualified buyer prior to commencement of construction, as
opposed to, prior to closing;
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. Resolution No. 02-865, as amended by Resolutions Nos. 02-1056 and 03-427,
authorizing the conveyance of the City -owned properties located at 3658 FrowAvenue and 3648
Oak Avenue to the Coconut Grove Collaborative, Inc. ("Collaborative"), for the construction of two
single family, owner -occupied homes, affordable to very low, low and moderate -income families
and individuals, is amended to modify the time frames to: (1) commence construction of the lot
located at 3648 Oak Avenue, Miami, Florida, from six (6) months from the date of closing, as set
forth in Resolution No. 03-0427, to twelve (12) months from the date of closing, (2) complete
construction of the improvements from twenty-four (24) months from the date of commencement
of construction to twenty-four (24) months from the date of closing; and (3) provide evidence that
the Collaborative has secured a buyer of the improved property at 3648 Oak Avenue, Miami,
Florida, who satisfies the applicable affordable housing income test requirements from prior to
closing to prior to commencement of construction of the property located at 3648 Oak Avenue,
Miami, Florida.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{1}
Footnotes:
{1} 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 Miami Page 2 of 2 File Id: 03-0262 (Version: 2) Printed On: 8/19/2016