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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-06-0284 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-00775 File Type: Resolution Version: 1 Reference: File Name: Reversion of the parcels of land previously conveyed to RockWood Properties Requester: Department of Community Cost: Development Status: Passed Controlling Body: Office of the City Clerk Introduced: 4/28/2006 Final Action: 5/11/2006 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RESCINDING RESOLUTION NO. 05-0423, ADOPTED JULY 7, 2005, RELATING TO THE CONVEYANCE OF LAND, LEGALLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED ("PROPERTY"), TO ROCKWOOD PROPERTIES, LLC ("ROCKWOOD"), FOR THE DEVELOPMENT OF FORTY (40) SINGLE FAMILY AFFORDABLE UNITS FOR ELIGIBLE LOW INCOME PERSONS ("PROJECT"); TERMINATING THE PURCHASE AND SALE AGREEMENT, DATED NOVEMBER 17, 2005, BETWEEN THE CITY OF MIAMI ("CITY") AND ROCKWOOD, AND DOCUMENTS RELATING TO SUCH PROPERTY AND PROJECT; AUTHORIZING A PAYMENT TO ROCKWOOD IN THE AMOUNT OF $325,000, FROM THE PROJECT BUDGET, IN REIMBURSEMENT OF COSTS EXPENDED IN CONNECTION WITH THE PROJECT, CONDITIONED UPON THE CITY'S RECEIPT OF A GENERAL RELEASE AND SUCH OTHER DOCUMENTS FROM ROCKWOOD AS MAY BE REQUIRED BY THE CITY ATTORNEY, ALL SUCH DOCUMENTS TO BE IN A FORM ACCEPTABLE TO THE CITY ATTORNEY; REQUIRING THAT ANY FUTURE CONVEYANCE OF THE PROPERTY BE CONDITIONED UPON THE DEVELOPER/GRANTEE'S ASSUMPTION AND REPAYMENT TO THE CITY OF THE CITY'S TOTAL INVESTMENT IN THE PROJECT AND THE PROPERTY; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENT(S) FOR SAID PURPOSE. Sponsors: Notes: Indexes: Attachments: 06-00775 Legislation.pdf,06-00775 Exhibit.pdf,06-00775 Summary Form.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 Office of the City 5/4/2006 Reviewed and Attorney Approved 1 City Commission 5/11/2006 ADOPTED 1 Office of the Mayor 5/19/2006 Signed by the Mayor Office of the City Clerk 1 Office of the City Clerk 5/19/2006 Signed and Attested by City Clerk Pass City ofMiami Page 1 Printed on 1/24/2017