HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution: R-05-0472
City Hal(
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fi us
File Number: 05-00691 Final Action Date: 7/28/2005
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
TO: (1) AMEND THE INTERLOCAL COOPERATION AGREEMENT BETWEEN THE
CITY OF MIAMI AND THE MODEL CITY COMMUNITY REVITALIZATION
DISTRICT TRUST ("MODEL CITY TRUST") TO ALLOW THE MODEL CITY TRUST
TO ACQUIRE PROPERTY IN THE NAME OF THE MODEL CITY TRUST; AND (2)
DIRECT THE CITY MANAGER TO EXECUTE A RELEASE OF REVERTER
RELEASING THE DEED PROVISIONS CONCERNING THE INCOME LEVELS OF
PROSPECTIVE BUYERS AND CONSTRUCTION COMPLETION DATES FOR THE
CITY -OWNED PROPERTIES TRANSFERRED TO THE MODEL CITY TRUST IN
FEBRUARY, 2005, DESCRIBED IN ATTACHMENT "A."
WHEREAS, the City of Miami ("City") and the Model City Trust ("Trust") entered into an interlocal
cooperation agreement (°'interlocal Agreement"), effective as of March 16, 2004, to set forth the
cooperative relationship between the City and the Trust and the respective duties, obligations and
procedures to be followed by the parties for planning and implementation of revitalization efforts for the
redevelopment of the Model City Community Revitalization District ("District"); and
WHEREAS, to expeditiously redevelop the District, the Trust should be allowed to acquire and
develop property in the name of the Trust to facilitate the revitalization efforts in the District; and
WHEREAS, it has been determined that, in order to expeditiously redevelop the District, a release
of reverter should be executed for the deed provisions concerning the income levels of prospective
buyers and the construction completion dates for the City -owned properties transferred to the Trust in
February, 2005, described in Attachment "A," attached and incorporated;
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 interlocal Agreement between the City and the Trust is amended to allow the Trust
to acquire property in the name of the Trust.
Section 3. The City Manager is directed to execute a release of reverter for the deed provisions
concerning the income levels of prospective buyers and the construction completion dates for the
City -owned properties transferred to the Trust in February, 2005, as described in Attachment "A,"
attached and incorporated.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
City of Miami
Page 1 01'2 Printed On: 1/5/2006
File Number: 05-00691
Enactment .Number: R-05-0472
APPROVED AS TO FORM AND CORRECTNESS:
JORpE IRNANDEZ
R CITY' AT NEY
Footnotes:
{1} 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.
h' of Miami
Page 2 ref 2 Printed On: 1/5/2006
City of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
N.ci,miami.fl.us
File Number: 0-00691
final Action Date:
r'
A RESOLUTION OF THE MIAMI CITY COMMISSION AMENDI14G THE
INTERLOCALCOOPERATION AGREEMENT BETWEEN THE CITY OF MIAMI
AND THE MOD L CITY COMMUNITY REVITALIZATION STRICT TRUST
("MODEL CITY T�ST") TO: (1) ALLOW THE MODEL CITY TRUST TO ACQUIRE
PROPERTY IN THE° AME OF THE MODEL CITY TRUST; AND (2) DIRECT THE
CITY MANAGER TO 4ECUTE A RELEASE OF REVERTER FOR THE DEED
PROVISIONS THAT EXCEED THE REQUIREMENTS OF THE FUNDING SOURCE
FOR THE ELEVEN (11) C1TY-OWNED PROPERTIES TRANSFERRED TO THE
MODEL CITY TRUST IN FEBRUARY, 2005.
WHEREAS, the City of Miami ("City") and•the Model City Trust entered into an interlocal
cooperation agreement ("Interlocal Agreement\ffective as of March 16, 2004, to set forth the
cooperative relationship between the City and tb vlodel City Trust and the respective duties,
obligations and procedures to be followed by the p les for planning and implementation of
revitalization efforts for the redevelopment of the Mo I City Community Revitalization District
("District"); and X,
d
WHEREAS, to expeditiously redevelop the District, the I eriocal Agreement should be amended to
allow the Model City Trust to acquire and/develop property In a District without restrictions to facilitate
the revitalization efforts; and ,
WHEREAS, it has been determined that, in order to expeditious' redevelop the District, a release
of reverter should be executed for the deed provisions that exceed theunding source for the eleven
(11) City -owned properties transferred to the Model City Trust in Februay,, 2005;
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 Resolutk are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The Interlace! Agreement between the City and the Trust Is amended to allow the
Model City Trust to acquire property in the name of the Model City Trust, and (2) direct the\aCity
Manager to execute a release of reverter for the deed provisions that exceed the requiremers of the
funding source for the eleven (11) City -owned properties transferred to the Model City Trust iri^•,
February 2005.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.(1}
City of Miami Page I of 2 Printed On: 7/19/200S
File Number: 05-00691
APPROVED AS TO FORM AND CORRECTNESSV
JORI L R1` D Z
CI AT •RNEY
Footnotes
ill If the Mayor does not sign this Resolution, it shall become effe the at the end of ten (10) calendar
days from the date it was passed and iopted. If the Mayor vet es this Resolution, it shall become
effective immediately upon override of the veto by the City Co mission.
Cl:y of Miami Page 2 of 2 Printed On: 7/1912005