Loading...
HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hail 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us Final Action Date: File Number: 05-01521 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO ACCEPT A QUIT CLAIM DEED FROM HABITAT FOR HUMANITY OF GREATER MIAMI, INC., TO THE CITY OF MIAMI, FOR THE CONVEYANCE OF THE PARCEL OF LAND LOCATED AT 236 NORTHWEST 16TH STREET, MIAMI, FLORIDA, AS LEGALLY DESCRIBED IN "EXHIBIT A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO CONVEY, WITH PARCEL REVERTER PROVISIONS, SAID PARCEL OF LAND TO OVERTOWN CONDOMINIUM, LLC., FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME PERSONS; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, FOR SAID PURPOSES. WHEREAS, Habitat for west 1fi h StreetatM amid Florida ('Propmi, Inc., ierty,')Sand current owner of a parcel of land located at 236 North WHEREAS, Habitat has agreed to release the Property to the City of Miami ("City") for the development of affordable housing; and WHEREAS, there is a pressing need for decent, affordable housing in the City; and WHEREAS, the City will utilize the Property to develop a building which will provide 31 affordable housing units to low to moderate income persons; and WHEREAS, Overtown Condominium, LLC ("Overtown"), currently owns a parcel of land adjacent to the Property and is committed to the development of affordable housing; and WHEREAS, the City will convey, with parcel reverter provisions, the Property to Overtown for the development of affordable housing; and WHEREAS, Overtown will have eighteen (18) months from the date of land conveyance to complete the construction; 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 to accept a Quit Claim Deed from Habitat, to the City, for the conveyance of the Property, as legally described in "Exhibit A," attached and incorporated. Section 3. The City Manager is authorized to convey, with parcel reverter provisions, the Property to Overtown, for the development of affordable housing for {ow to moderate income persons. City of Miami Puge 1 of 2 Printed On: 12/27/2005 File Number: 05-01521 Section 4. The City Manager is further authorized{1} to execute all necessary documents, for said purpose. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2 } APPROVED AS TO FORM AND CORRECTNESS: JORGE L.FERNANDW, CITY ATTORNEY Footnotes: {1} The herein authorization is further subject to compliance with all requi able tst that maybe eai posed by the City Attorney, including but not limited to those prescribed by applicable Y 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. City of Miami Page 2of2 Printed On: 12/27/2005