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HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM \A-0050 TO : DATE : FROM : The Honorable Mayor and Members of The City Commission v Joe Arri a 7t-4---L-- City Manager SUBJECT: MAY 7 iuu4 FILE : Transfer of City -Owned Building to Allapattah Business Development Authority, Inc. REFERENCES: ENCLOSURES: City Commission Meeting June 10, 2004 RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the conveyance of the City -owned building located at 2368 Northwest 35th Street, Miami, Florida to Allapattah Business Development Authority, Inc. (ABDA)., a non-profit organization, for the purpose of rehabilitating the 12 unit multifamily apartment building to be made available to low income families, with parcel reverter provisions; and further authorizing the City Manager to execute all necessary documents, in a form acceptable to the City Attorney, for said purpose. BACKGROUND: The City of Miami Law Department was successful in completing foreclosure action, and acquired title to the building located at 2368 Northwest 35t Street. Allapattah Business Development Authority, Inc., a non-profit organization, has requested that the City -owned 12 unit multifamily apartment building be conveyed so that they can rehabilitate the building and provide affordable housing to low income families, with parcel reverter provisions. It is recommended that the City Commission adopt the attached Resolution authorizing the conveyance of the City -owned building located at 2368 Northwest 35th Street, Miami, Florida to Allapattah Business Development Authority, Inc. (ABDA)., a non-profit organization, for the purpose of rehabilitating the 12 unit multifamily apartment building to be made available to low income families, with parcel reverter provisions; and further authorizing the City Manager to execute all necessary documents, in a form acceptable to the City Attorney, for said purpose. The p LMHI: R osed Resolution does not have a budgetary impact on the General Fund.