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HomeMy WebLinkAboutLegislation7 lYSAA Leo+��� City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 05-00930 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO CONVEY, WITH PARCEL REVERTER PROVISIONS, THREE (3) CITY OF MIAMI-OWNED PARCELS OF LAND, AS DESCRIBED IN "EXHIBIT A," ATTACHED AND INCORPORATED, TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP., FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR ELIGIBLE LOW AND MODERATE INCOME PERSONS; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, FOR SAID PURPOSE. WHEREAS, there is a pressing need for decent, affordable housing in the City of Miami ("City"); and WHEREAS, the City recognizes the need to develop affordable housing for low and moderate income families and individuals; and WHEREAS; Rafael Hernandez Housing and Economic Development Corp., ("RHHED") has a proven trackVcord working with the City; and WHERES, RHHED has obtained funding from the Empowerment Zone to complete the construction three single family homes; and WHEREAS, the City will not allocate any funds for the construction of these homes; and WHEREAS, said agency will have eighteen (18) months from the date of land conveyance to complete the construction of the three single homes which must be sold to eligible low to moderate income buyers; 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 convey, with parcel reverter provisions, three (3) City -owned parcels of land, as described in "Exhibit A," attached and incorporated, to RHHED, for the development of affordable housing for eligible low and moderate income persons. Section 3. The City Manager is further authorized{1} to execute all necessary documents for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor {2}. City of Minim Page 1 of 2 Printed On: 8/17/2005 File Number: 05-00930 APPR• EAS TO FORM AN JORG: ERNANDEZ CIT • ' NEY ORRECTNESS:t/ 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 {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. City of Miami Page 2 of 2 Printed On: 8/17/2005 EXHIBIT "A" PARCELS TO BE CONVEYED TO RAFAEL HERNANDEZ HOUSING ECONOMIC DEVELOPMENT CORP. Addresses 98 NW 27 Street 3431 NW 6 Avenue 3511 NW 1 Ave l((LV►1 A4 bSoll $l