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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 06-00214 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO ACCEPT A QUIT CLAIM DEED FROM THE CITY OF MIAMI DEPARTMENT OF OFF- STREET PARKING TO THE CITY OF MIAMI, FOR THE CONVEYANCE OF THE PARCELS OF LAND LOCATED AT 1630 NORTHWEST 58 TERRACE, MIAMI, FLORIDA AND 1620 NORTHWEST 58 STREET, MIAMI, FLORIDA, AS LEGALLY DESCRIBED IN "EXHIBIT A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO CONVEY, WITH PARCEL REVERTER PROVISIONS, SAID PARCELS OF LAND TO PALMETTO HOMES OF MIAMI, INC., 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, the City of Miami Department of Off -Street Parking ("DOSP") is the current owner of the parcels of land located at 1630 Northwest 58 Terrace, Miami, Florida and 1620 Northwest 58 Street, Miami, Florida ("Properties"); and WHEREAS, DOSP has agreed to release the Properties 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 convey, with parcel reverter provisions, the Properties to Palmetto Homes of Miami, Inc. ("Palmetto"), for the development of affordable housing; and WHEREAS, Palmetto 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{1} to accept a Quit Claim Deed from DOSP, to the City, for the conveyance of the Properties, as legally described in "Exhibit A," attached and incorporated. Section 3. The City Manager is authorized{1} to convey, with parcel reverter provisions, the Properties to Palmetto, for the development of affordable housing for low to moderate income persons. Section 4. The City Manager is further authorized {1} to execute all necessary documents, for said City of Miatni Page l of 2 Printed On: 2/14/2006 File Number: 06-00214 purposes. 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. FERNANDEZ CITY ATTORNEY 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: 2/14/2006