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HomeMy WebLinkAboutpre resolution2J-01-924 9/25/01 RESOLUTION NO. ` _ 1 0 4 4 A RESOLUTION OF THE MIAMI CITY COMMISSION BY A FOUR -FIFTHS (4/5T1S) AFFIRMATIVE VOTE, RATIFYING, APPROVING AND CONFIRMING THE CITY MANAGER'S LAND ACQUISITION POLICY FOR HOMEOWNERSHIP AND COMPREHENSIVE REVITALIZATION PROJECTS IN THE COMMUNITY REVITALIZATION DISTRICTS, WHICH POLICY AUTHORIZES THE CITY MANAGER TO OFFER A PURCHASE PRICE OF UP TO FIFTEEN PERCENT (15%) ABOVE • THE HIGHEST OF THE TWO APPRAISALS FOR PARCELS TO BE ACQUIRED; AND FURTHER REQUIRING THE CITY MANAGER TO OBTAIN CITY COMMISSION RATIFICATION AND APPROVAL FOR THE PURCHASE OF ANY PROPERTY THAT EXCEEDS THE PURCHASE PRICE LIMITS ESTABLISHED BY SAID POLICY. WHEREAS, the City Commission adopted the Five Year Consolidated Plan in the 1999 that identified comprehensive revitalization initiatives to be undertaken in the most depressed neighborhoods in the City of Miami; and WHEREAS, the Five Year Consolidated Plan identified Community Revitalization Districts to target comprehensive revitalization projects focusing on homeownership opportunities and redevelopment of commercial corridors, which projects require the City to aggressively purchasreal property; and CITY COMMISSION MEETING OF µ rr. '" 9 2 001 Resolution No. WHEREAS, to comply with the provisions contained in Resolution No. 01-160 to facilitate revitalization in the Model City Homeownership Zone, it was necessary for the City Manager to establish a policy that permits the City Manager to offer a purchase price of up to fifteen percent above the highest appraised value of real property, which is in compliance with the provisions set forth in U.S. HUD Handbook 1378, Section 5-2, Basic Acquisition Policies (49 CFR 24.102) Administrative Settlement; and WHEREAS, it is appropriate for the City Commission to ratify and approve the City Manager's land acquisition policy; 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. By a four -fifths (4/5ths) affirmative vote, the City Manager's land acquisition policy for homeownership and comprehensive revitalization projects in the community revitalization districts, which policy authorizes the City Manager to offer a purchase price of up to fifteen percent (15%) above the highest of the two appraisals for parcels to be acquired and is in compliance with policies established under U.S. HUD Handbook 1378, Secti 5-2, Basic Acquisition Policies ,tea. Page 2 of 3 61-1044 (49 CFR 24.102) Administrative Settlement, is ratified, approved and confirmed. Section 3. The City Manager is required to obtain City ,.�'omrni.ssion ratification and approval for the purchase of any property that exceeds the purchase price limits established by said policy. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1 PASSED AND ADOPTED this 25thday of September ,. 2001. JOE CAROLLO, MAYOR becorn% c a :. : . repaying same, ►a'it;,�: . ATTEST: WALTER J. FO CITY CLERK APPROVE' AS 0 FORM AND CORRECTNESS: e DVILARELLO ATTORNEY W5750:BSS ai 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 overrideof the veto by the City ''Commission. •'°'" Pageiell.of 3 ;i1-1O44