HomeMy WebLinkAboutR-07-0135City of Miami
Legislation
Resolution: R-07-0135
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00308 Final Action Date: 3/8/2007
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE SALE OF TWO CITY OF MIAMI ("CITY") OWNED PROPERTIES
LOCATED AT 1632 NORTHWEST 59 STREET, MIAMI, FLORIDA, AND 1446
NORTHWEST 61 STREET, MIAMI, FLORIDA ,TO THE INDIVIDUALS SPECIFIED IN
"EXHIBIT A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY
MANAGER TO EXECUTE A PURCHASE AND SALE AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM, AND TO EXECUTE SUCH OTHER
DOCUMENTS AS MAY BE NECESSARY TO CONSUMMATE SUCH TRANSACTION
IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT,
WHICH TERMS MAY BE AMENDED BY THE CITY MANAGER AS MAY BE
NECESSARY IN ORDER TO MEET THE BEST INTERESTS OF THE CITY.
WHEREAS, the Model City Community Revitalization District Trust ("Trust") was established by
the City Commission on July 10, 2001, pursuant to Ordinance No. 12082, to revitalize the Liberty City
Area; and
WHEREAS, as part of the revitalization effort, the Trust purchased from private owners and/or
properties were transferred to the Trust from the City of Miami's ("City's") vacant land inventory to be
developed and sold to low income families in the Liberty City Area; and
WHEREAS, on October 15, 2003, the property located at 1632 Northwest 59 Street, Miami,
Florida, was purchased and rehabilitated; and
WHEREAS, on February 14, 2005, the property located at 1446 Northwest 61 Street, Miami,
Florida, was deeded from the City to the Trust for the construction of a new affordable home; and
WHEREAS, on October 30, 2006, the Board of the Trust authorized the City Manager to execute
a Quite Claim Deed for all properties owned by the Trust to the City; and
WHEREAS, on January 24, 2007, the City Manger executed a Quit Claim Deed on behalf of the
Model City Trust transferring the properties to the City; and
WHEREAS, both Ms. Jacqueline Willis and Ms. Katonya Mincey, certified low income individuals,
have expressed the desire to purchase the properties at 1632 Northwest 59 Street, Miami, Florida, for
$165,000 and 1446 Northwest 61 Street, Miami, Florida, for $140,000, respectively; and
WHEREAS, all proceeds of the sale will go to the Liberty City Trust fund; and
WHEREAS, the properties must remain owner -occupied for a period of thirty (30) years; and
WHEREAS, in the case of sale or transfer of the property, the borrower will be required to sell the
home to an income eligible borrower approved by the City at a price not to exceed the maximum
City of Miami
Page 1 of 2 File Id: 07-00308 (Version: 1) Printed On: 3/20/2017
File Number: 07-00308 Enactment Number: R-07-0135
allowable purchase price approved by the City Commission in existence at the time of sale; and
WHEREAS, the Administration recommends the sale of two City -owned properties located at
1632 Northwest 59 Street, Miami, Florida and 1446 Northwest 61 Street, Miami, Florida, to the
individuals specified in "Exhibit A," attached and incorporated;
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 sale of two City -owned properties located at 1632 Northwest 59 Street Miami,
Florida and 1446 Northwest 61 Street; Miami, Florida, to the individuals specified in "Exhibit A,"
attached and incorporated, is approved.
Section 3. The City Manager is authorized {1} to execute a Purchase and Sale Agreement
("Agreement"), in substantially the attached form, to consummate such transaction in accordance with
the terms and conditions of the Agreement, and to execute such other documents that may be
necessary to consummate such transaction in accordance with the terms and conditions of the
Agreement, which terms may be amended by the City Manager as may be necessary in order to meet
the best interests of the City.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
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 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 File Id: 07-00308 (Version: 1) Printed On: 3/20/2017