HomeMy WebLinkAboutSummary FormDate: 12/13/2005
AGENDA ITEM SUMMARY FORM
FILE ID: O 5^ O Is a k
Requesting Department: Community Development
Commission Meeting Date: 1/12/2006 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Accept and Convey Parcel of land located at 236 NW 16 Street, Miami, Florida
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO ACCEPT A QUIT CLAIM DEED FROM HABITAT
FOR HUMAINTY OF GREATER MIAMI, INC., FOR THE CONVEYANCE OF THE PARCEL OF
LAND LOCATED AT 236 NW 16 STREET, MIAMI, FLORIDA, AS LEGALLY DESCRIBED IN
"EXHIBIT A," ATTACHED AND INCORPORATED TO THE CITY OF MIAMI; 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
Background Information:
• Habitat for Humanity of Greater Miami("Habitat") is the current owner of the parcel of land located
at 236 NW 16 Street, Miami, FL
• Said agency has agreed to release said parcel to the City of Miami for the development of
Affordable Housing
• There is a pressing need for decent, affordable housing in the City of Miami
• The City will utilize said parcel to develop a building which will provide 31 affordable housing units
to low to moderate income persons
• Overtown Condominium, LLC ("Overtown") currently owns the parcel of land adjacent to the
property located at 236 NW 16 Street, Miami, FL and is committed to the development of affordable
housing
• Overtown will have eighteen (18) months from the date of land conveyance to complete the
construction
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Dept. Directo
Chief i- City Manager
Page 1 of 1
Final Approvals
(SIGN AND DATE)