HomeMy WebLinkAboutpre resolution9SEP-02-2003 13:50
CLERKS OFFICE 305 BS8 1510 P.02
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06/17/03
RESOLUTION NO. 0 3 - 7 12
A RESOLUTION OF THE MIAMI CITY COMMISSION
GRANTING AN EXTENSION FROM_DECEMBER 14, 2002
TO DECEMBER 31, 2004, TO BAME DEVELOFM£NT
CORPORATION OF SOUTHFLORIDA, INC, ("BAME"),
TO COMPLETE THE CONSTRUCTION AND SALE OF
FORTY (40) NEW SINGLE FAMILY HOMES FOR
QUALIFIED FAMILIES AND INDIVIDUALS ON
CERTAIN FORMERLY CITY -OWNED PARCELS IN THE
OVERTOWN NEIGHBORHOOD AT NORTHWEST 6TH AND Brx
STREETS BETWEE ORTHWEST 5TH AND 6" AVENUES,
MIAMI FLORIDAUVELEASING THE CITY AND THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY FROM THE OBLIGATION TO
PROVIDE MARKETING FOR THE NE OPE OVERTOWN
HOUSING PROJECT ("PROJECT"))AND HOLDING
GAME SOLELY RESPONSIBLE FOR MARKETING THE
PROJECT; STATING THE INTENTION OF THE CITY
COMMISSION RELATED TO THE DATE OF CONVEYANCE
OF TITLE TO SAID PARCELS; AUTHORIZING THE
CITY MANAGER TO EXECUTE THE NECESSARY
DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, FOR SAID PURPOSES.
WHEREAS, Resolution No. 00-1092, adopted December 14, 2000,
approved the conveyance of certain vacant City -owned parcels at
Northwest and Bth Streets between Northwest 5th and 6"h
Avenues, Miami, Florida, located in the Overtown neighborhood,
to BAME Development Corporation of South Florida, Inc. ("BAME")
CITY COMMISSION
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J,UN 2 4 2003
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SEP-02-2003 13:50
CLERKS OFFICE 305 858 1510 P,03
for the development of the New Hope/Overtown Housing Project
("Project"), contingent upon the completion of construction and
the sale of forty (40) new single family homes within
twenty-four (24) months from the date of the adoption of said
Resolution; and
WHEREAS, the Administration recommends an extension from
December 14, 2002 to December 14, 2004 for BAME to complete the
construction and sale of the Project's single family homes to
qualified homebuyers; and
WHEREAS, Resolution No. 98-779, adopted July 21, 1998,
directed the City Manager to execute a tri-party agreement with
BAME and the Southeast Overtown/Park West Community
Redevelopment Agency ("SEO/PW CRA") to provide marketing of the
Project; and
WHEREAS, it is in the best interests of the Project that
SAME, the developer, take sole responsibility for marketing the
Project, as is customary for housing development projects funded
by the City;
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.
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Section 2, An extension from December 14, 2002 to
December 31, 2,004, is granted to BAME co complete the
construction and sale of forty (40) single family homes to
qualified families and individuals on the formerly City -owned
parcels in the Overtown neighborhood at Northwest 6th and 8th
Streets between Northwest 5th and 6th Avenues, Miami, Florida, or
title to the subject parcels shall revert back to the City.
Section 3. The City and the 5E0/PW CRA are released
from the obligation to provide marketing for the Project,
thereby holding BAME, the developer, solely responsible for
marketing the Project.
Section 4. It is the intention of the City Commission
that title to said City -owned parcels conveyed to BAME shall be
deemed to have remained in BAME from the date of conveyance, and
therefore, the extension granted herein shall be deemed to have
been made on or before December 14, 2002.
Section 5. The City Manager is authorized' to execute
all necessary documents, in a form acceptable to the City
Attorney, for said purposes.
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.
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C CLERKS OFFICE
305 858 1610 P.05
Section 6. This Resolution shall become effective
immediately upon.its adoption and signature of the Mayor.`
PASSED AND ADOPTED this 24th day of
ATTEST:
) PRI4SCILLA A. THOMPSON
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CITY CLERK
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APPROVED AS TO ORM A
ND'. VILARELLO
Y ATTORNEY
W7316:tr:IT:AS:BSS
2/
CORRECTNESS:'
June
, 2003.
cXANUEL A. DIAZ, MAYOF ..
If the Mayor does not sign this Resolution, it shall become
effective at the end of ten (10) 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.
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