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Master Report
Enactment Number: R-04-0185
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00293
Version: 2
File Name: Transfer of Interest of Kapustin Corp.
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
Introduced: 3/16/2004
Requester: Cost: Final Action: 3/25/2004
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE TRANSFER OF
INTEREST OF KAPUSTIN CORPORATION IN THE EVERGLADES CENTER APARTMENTS
PARTNERSHIP TO EVEROK INVESTMENT, LLC AND THE RELEASE OF THE OBLIGATIONS
OF KAPUSTIN CORPORATION UNDER THE HOME PROGRAM AGREEMENT, RESULTING IN
NO CHANGE IN CONTROL OR IN THE MANAGEMENT OF THE EVERGLADES CENTER
APARTMENTS PARTNERSHIP, CONTINGENT UPON THE RESTRUCTURING OF THE
PROMISSORY NOTE ("NOTE") AND MORTGAGE REQUIRING THAT PAYMENTS FOR A LOAN
MADE WITH COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS UNDER THE NOTE TO
BE RETROACTIVE TO JANUARY 1, 2004; TO MAKE THE CITY LOAN CURRENT, WITH A
FIFTEEN YEAR AMORTIZATION TO BEGIN JANUARY 1, 2004; AND FURTHER AUTHORIZING
THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
Sponsors:
Notes:
Indexes:
Attachments: 04-00293-cover memo.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 3/22/2004 Reviewed and
Attorney Approved
2 City Commission 3/25/2004 ADOPTED Pass
2 Office of the Mayor 4/2/2004 Signed by the Mayor
2 Office of the City 12/10/2008 Reviewed and
Attorney Approved
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