Loading...
HomeMy WebLinkAboutR-04-0347City of Miami Legislation Resolution: R-04-0347 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00424 Final Action Date: 5/27/2004 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO DECLARE AS SURPLUS CERTAIN CITY -OWNED PROPERTIES SURPLUS, LOCATED AT 3840 WASHINGTON AVENUE AND 3850 WASHINGTON AVENUE, MIAMI, FLORIDA ("PROPERTIES"); AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, WITH ARDENT HOUSING FOUNDATION, A FLORIDA NOT -FOR -PROFIT CORPORATION ("PURCHASER"), FOR THE SALE OF SAID CITY -OWNED PROPERTIES; ESTABLISHING TEN DOLLARS ($10) AS THE AMOUNT TO BE PAID TO THE CITY OF MIAMI BY THE PURCHASER FOR THE PROPERTIES, AND TO CONSUMMATE SUCH TRANSACTION IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. WHEREAS, on December 4, 2003, the City of Miami ("City") received a letter from The Center for Urban and Community Design ("CUCD") expressing an interest in having the City -owned properties located at 3840 Washington Avenue and 3850 Washington Avenue, Miami, Florida ("Properties") deeded to Ardent Housing Foundation ("Purchaser") for the ability to develop affordable housing in Coconut Grove; and WHEREAS, the City has a severe shortage of housing within the affordability range for families and individuals of very low, low and moderate -income; and WHEREAS, currently the Properties sit vacant, and represent a maintenance cost and liability to the City, and do not generate ad valorem taxes; and WHEREAS, Section 29B of the City Charter exempts affordable housing developments from the competitive bidding requirements; and WHEREAS, the City agrees to sell the Properties to the Purchaser on the condition that the Properties shall only be used to provide one owner occupied single family homes for individuals and/or families, within the economic affordability range of very low, low and/or moderate income families and/or individuals, based on criteria established by federal and/or state law; and WHEREAS, the Purchase and Sale Agreement ("Agreement") shall contain the following conditions precedent to the conveyance of the properties: (1) Purchaser shall furnish to the City evidence that it has the funds necessary to construct the improvements; (2) Purchaser has agreed to work, in good faith, with the Coconut Grove Collaborative, Inc. ("Collaborative") in order to secure a buyer for the improved Properties who satisfies the applicable affordable housing income test requirements and shall furnish evidence of same; (3) Purchaser shall obtain the necessary zoning approval to construct a single family home on the two lots; (4) Purchaser shall submit a copy of the construction contract for the construction; and (5) Purchaser shall furnish evidence that it is ready to commence construction within six (6) months from the date of closing and to complete construction of City of Miami Page 1 of 2 File Id: 04-00424 (Version: 1) Printed On: 9/14/2016 File Number: 04-00424 Enactment Number: R-04-0347 the improvements within twelve (12) months of commencement; 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. Certain City -owned properties located at 3840 and 3850 Washington Avenue, Miami, Florida, are declared surplus. Section 3. The City Manager is authorized{1} to execute an Agreement, in substantially the attached form, with Ardent Housing Foundation, a Florida not -for -profit corporation ("Purchaser"), for the sale of said properties, establishing Ten Dollars ($10) as the amount to be paid to the City by the Purchaser for the Properties and to consummate such transaction in accordance with the terms and conditions of the Agreement. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} 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 Miami Page 2 of 2 File Id: 04-00424 (Version: 1) Printed On: 9/14/2016