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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-24-0159 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15901 File Type: Resolution Status: ADOPTED Revision: Controlling Body: City Commission File Name: Auth CM - First Amendment - Restrictive Covenants Introduced: 4/15/2024 - YWCA Requesting Dept: Commissioners and Mayor Final Action Date: 4/25/2024 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A FIRST AMENDMENT OF DECLARATION OF RESTRICTIVE COVENANTS RUNNING WITH THE LAND APPROVED PURSUANT TO RESOLUTION NOS. R-18-0497 & R-19-0311 ("COVENANT"), IN SUBSTANTIALLY THE ATTACHED FORM, TO ALLOW MIXED - USE, MIXED -INCOME, MULTIFAMILY HOUSING DEVELOPMENT OF THE PROPERTY IDENTIFIED AS FOLIO(S): 01-0106-070-2010, 01-0106-070-2020, AND 01- 0106-070-2060, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "C" OF THE COVENANT, ATTACHED AND INCORPORATED (THE "PROPERTY"); PROVIDING THAT A MINIMUM OF FIFTY PERCENT (50%) OF ALL RESIDENTIAL UNITS OF THE DEVELOPMENT SHALL BE RENTED TO TENANTS WHOSE INCOMES ARE AT OR BELOW ONE HUNDRED TWENTY PERCENT (120%) OF THE AREA MEDIAN INCOME, AS DETERMINED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; PROVIDING THAT THE PROPERTY (INCLUDING ANY IMPROVEMENTS THEREON) MAY BE GROUND LEASED TO AN ENTITY WHERE A YWCA OF MIAMI-DADE, INC., A FLORIDA NOT FOR PROFIT CORPORATION, AFFILIATE HAS AN OWNERSHIP INTEREST IN SAID GROUND LESSEE ENTITY AND THE PROPERTY SHALL BE USED FOR THE INTENDED PURPOSES SET FORTH IN THE COVENANT; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID FIRST AMENDMENT OF THE COVENANT. Sponsor(s): Commissioner Miguel Angel Gabela Notes: Links: Attachments: 15901 Exhibit (PDF) 15901 Pre -Legislation (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Legislative Division James Brako Marie Gouin George K. Wysong III City Commission City Commission Mayor's Office 4/16/2024 4/16/2024 4/16/2024 4/16/2024 4/25/2024 4/25/2024 5/1/2024 Legislative Division Review ACA Review Budget Review Approved Form and Correctness Meeting ADOPTED Unsigned by the Mayor Completed Completed Completed Completed Completed Passed Completed City of Miami Page 1 of 2 Printed on: 5/9/2024 City Clerk's Office City Clerk's Office City of Miami Master Report City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Enactment Number: R-24-0159 5/1/2024 Signed and Attested by the City Completed Clerk 5/6/2024 Rendered Completed City of Miami Page 2 of 2 Printed on: 5/9/2024