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Resolution
City Hall
3500 Pan American
Drive
Miarni, FL 33133
www,ci.mlami.fl.us
File Number: 05-00443
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO DECLARE SURPLUS THE
CITY -OWNED REAL PROPERTY LOCATED AT 779 NORTHWEST 57TH
STREET, MIAMI, FLORIDA ("PROPERTY"), AS MORE PARTICULARLY
DESCRIBED IN "EXHIBIT A," ATTACHED AND INCORPORATED; AUTHORIZING
THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT
("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, FOR THE SALE
OF THE PROPERTY TO PROGRESSIVE VISION COMMUNITY DEVELOPMENT
CORPORATION, INC., A FLORIDA NOT -FOR -PROFIT CORPORATION TO
UNDERTAKE THE DEVELOPMENT OF FOUR (4) CONDOMINIUM UNITS,
AFFORDABLE TO VERY LOW, LOW AND/OR MODERATE -INCOME FAMILIES
AND/OR INDIVIDUALS; FURTHER AUTHORIZING THE CITY MANAGER TO
CONSUMMATE SUCH TRANSACTION IN ACCORDANCE WITH THE TERMS
AND CONDITIONS OF THE AGREEMENT AND ANY AMENDMENTS THERETO,
AS MAY BE NECESSARY TO CONSUMMATE SUCH SALE IN AN EXPEDITIOUS
MANNER.
WHEREAS, the City of Miami ("City") has a severe shortage of housing within the affordability
range of families and individuals of very low, low and moderate -income; and
WHEREAS, the City recognizes that the partnership of the public and private sector is necessary
to foster the development of housing affordable to very low, low and moderate -income families and
individuals within the City; and
WHEREAS, on April 6, 2004, Progressive Vision Community Development Corporation, Inc., a
not -for -profit corporation, ("Purchaser") requested that the City donate a vacant City -owned parcel
located in the Model City area ("Property"); and
WHEREAS, the donation of land would allow Purchaser to proffer any savings in total cost of the
residence to the homebuyer because the land is acquired without cost; and
WHEREAS, currently the Property sits vacant, representing a maintenance cost and liability to the
City, and does not generate ad valorem taxes; and
WHEREAS, Section 29B of the City Charter exempts affordable housing developments from tho
competitive bidding requirements; and
WHEREAS, the City agrees to convey the Property to the Purchaser on the condition that the
Property shall only be used to provide (4) condominium units to be occupied by 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 or by the City Commission;
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and
WHEREAS, in an effort to promote the development of new affordable housing within the City, the
Administration recommends the conveyance of the Property to the Purchaser for the development of
(4) condominium units, subject to the provisions contained in the attached Purchase and Sale
Agreement ("Agreement") and the following conditions: 1) Purchaser shall furnish to the City evidence
that it has the funds necessary to construct the improvements; 2) Purchaser shall furnish evidence that
it has secured buyers for the improved Property who satisfy the applicable affordable housing
requirements; 3) Purchaser shall submit a copy of the construction contract for construction of the
improvements and 4) Purchaser shall furnish evidence that it is ready to commence construction within
twelve (12) months from the date of the conveyance and shall continue diligently with the construction
of the Improvements to completion within twenty-four (24) months from the date of the closing;
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. The City Manager is authorized{1} to declare the City -owned real property (located at
779 Northwest 57th Street, Miami, Florida, ("Property"), as more particularly described in "'Exhibit A,"
attached and incorporated, as surplus.
Section 3. The City Manager is authorized{1} to execute an Agreement, in substantially the
attached form, for the sale of the Property to the Purchaser to undertake the development of four (4)
condominium units, affordable to very low, low and/or moderate -income families and/or individuals and
to consummate such transaction in accordance with the terms and conditions of the Agreement, and
any amendments thereto, as may be necessary in order to effect such sale in an expeditious manner,
Section 4. The City does not warrant the sufficiency of its title nor any interest it may have in the
Property, nor does it make any covenant whatsoever as to the Property, which is being conveyed to
Purchaser "AS IS" and which Property, Purchaser accepts "AS IS."
Section 5. Purchaser shall pay any and all expenses existing at this time and incurred in the future
relating to the Property, including, but not limited to, all costs involved in the conveyance of title, all
recording fees, documentary stamp taxes and any other fees, taxes or charges upon the Property, as
may exist at this time and from this day forth in the future.
Section 5. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNESS;%
JORGE . FE' NANDEZ
CITYA .-►EY
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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.
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