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HomeMy WebLinkAboutsubmission - legislationJ-88-577 5/25/88 RESOLUTION NO. 89369 A RESOLUTION APPROVING IN PRINCIPLE, THE BUSINESS DEVELOPMENT .AUTHORITY A N - - ROFIT CORPORATION, TO UNDERTAKE THE DEVELOPMENT OF A MEDIUM -DENSITY RESIDENTIAL MODETE ND{EVELOPMEENT ON THE CITY -OWNED y1ASL.E rPI Q 'ti=i�'APIILIESFOANDBLINDIVIDUALS,, TO LOWE D INCLUDING THE ELDERLY; FURTHER DIRECTING THE CITY ADMINISTRATION TO SUBMIT A PLAN AMENDMENT TO THE STATE OF FLORIDA FOR RECLASSIFICATION OF THE SITE AND ANY OTHER REQUIREMENTS NECESSARY TO MOVE THE PROPOSED DEVELOPMENT FORWARD; AND FURTHER DIRECTING THE CITY MANAGER TO CONVEY TITLE FOR THAT PORTION OF THE SITE REQUIRED FOR RESIDENTIAL USE BY THE SPONSOR/DEVELOPER SUBJECT TO CERTAIN TERMS AND CONDITIONS, AS CONTAINED HEREIN. WHEREAS, in the City of Miami, a severe housing shortage exists within the affordability range of low and moderate income families and individuals, including the elderly; and WHEREAS, -the City Commission recognizes that participation of both the public and private -sectors is necessary to further the development of housing in the City of Miami within the affordability range of low and moderate income families and individuals, including the elderly; and WHEREAS, in April of 1988,-representatives of the Allapattah BusinessDevelopment Authority made a personal appearance before the City Commission to request the conveyance of a portion of the City -owned Fern Isle Nursery -site consisting of the southern most 3.4 acres for the development of a medium density residential development, affordable to low and moderate income families, including the elderly;- and WHEREAS, the -Fern Isle Nursery site'is currently designated "Parks and Open Space" in the_ Miami Comprehensive Neighborhood Plan, dated September, .985:and the current zoning of the site is PR -Parks and Recreation; and -_WHEREAS, in -,order to move this project forward, it will be SUBMITTED INTO THE PUBLIC RECORD FOR ITEM PZ-,ONS© CITY COMMISSION MEETING OF JUN 9 1988 iES7:1.17IDa N3. 99-565 nmARKS: necessary to obtain approval from the State of 'Florida's Department of Community Affairs of a plan amendment, in addition to a corresponding zoning change; and WHEREAS, in July of 1988, the Planning Department will present for City- Commission review and consideration a modified Miami Comprehensive Neighborhood Plan 1988-98, which must be submitted to the State of Florida by September, 1988; and WHEREAS, should the City Commission approve in principle, the Allapattah Business Development Authority's request, the amendment for securing state approval for reclassifying the Fern Isle Nursery site could be included as a part of the new Miami Comprehensive Neighborhood Plan; and WHEREAS, the Allapattah Business Development Authority has presented -.a, development proposal consistent with the City's objectives for' fostering the participation of both the public and private sectors- in the development of housing within the affordability range of families-. and individuals of low and moderate income; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1 (a) The City Commission does hereby issue _approval in principal _Authoritya - not -for -profit corporation, to undertake the for_ the Allapattah Business Development development of--a-medium-.density residential complex on the Fern Isle Nursery site consisting of a fifty-nine (59) -unit Section -202 housing project for the elderly_ and a fifty-two (52) unit sales townhoie development, -subject - evidence of a firm construction and permanent f-inancing---commitment, in addition to _onditional comiitments- for home purchase financing within the af_fordab-ili-ty 1-imits of: --:qualified low and moderate income families.. Section 1 (b) The Allapattah Business Development Authority-_ is_ --hereby directed -to prepare and finalize project plans and specifications, construction and permanent financing, 88-565 .nit prices, construction schedules and marketing plans which shall be -submitted for final consideration and approval by the City Commission. Section 2. The City Manager is hereby directed to prepare and submit a plan amendment to the Miami Comprehensive Neighborhood Plan for submission to the State of Florida for reclassifying the Fern Isle Nursery site and to effectuate -the rezoning of the said portion of the site for aforementioned purpose. Section 3. The City Manager is hereby authorized to convey title for that portion of the subject parcel to the Allapattah Business Development Authority, predicated on a land reimbursement provision that provides a fair return to the City- for the value of the land. _PASSED AND ADOPTED this 9th day of June 198 ATTES HAT HIRAI, CITY CLERK PREPARED_AND-APPROVED BY: ROBERT F. CLERK - - CHIEF DEPUTY CITY ATTORNEY APPROVEDASTO FORM AND CORRECTNESS: JORGE It: FE ANDEZ CITY ATTORNEt- 3 -