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HomeMy WebLinkAboutSummary FormAGE ITESUMMARY FORM FILE ID: C 2 04s-5 Date: 4/912007 Requesting Department: Community Development Commission Meeting Date: 05/10/200,7 District Impacted: Type: Resolution d Ordinance 0 Emergency Ordinance ❑ Discussion Item ❑ Other Subject: EXTENDING TFjE COMPLVIcN.AND CONSTNCTION OATES FOR PALMETTO H0MeSJNC. GRANTING TO PALMETTO HOMES OF MIAMI, INC, ("PALMETTO HOMES") AN EXTENSION OF TIME UNTIL DECEMBER 31, 2007 IN WHICH TO: (1) COMPLETE CONSTRUCTION OF, AND SELL, THE HOME LOCATED AT 5812 N.W. 15 AVENUE, MIAMI, FLORIDA , AND (2) COMMENCE CONSTRUCTION ON THE PROPERTIES LOCATED AT 1468 N.W, 61 STREET AND 1468 N,W. 61 STREET, MIAMI, FLORIDA; STATING THE INTENTION OF THE CITY COMMISSION RELATED TO THE CONVEYANCE OF TITLE TO THE PROPERTIES LISTED ON EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE MODIFICATIONS TO THE DEEDS THAT CONVEYED THE PROPERTIES FROM THE CITY OF MIAMI TO PALMETTO HOMES, AND ALL NECESSARY OTHER DOCUMENTS, FOR SAID PURPOSE. Purpose of Item: Background Information: Please See Attachment Budrlet Imaacttl,nalvsis 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 thls Item funded by Homeland Defense/Neighborhood Improvement Bonds? Final Iknorovals (SIGN AND DekTE) CIP Budget Grit I!i'e or receiving waits] funds Purchasing Chief % Risk Mariagenie, t Dept, Direct° City Manage Z/Z0 :Dd 1'age 1 of 1 a MOO J0 AIM 06069tt790E 12ti:9T L00Z/9Z/176 I 4GENDA ITEM RIMMARY FORM CONT ILJED Background Information: Pursuant to Resolution No. 04-0358, adopted May 27, 2004, the City of Miami ("City") Commission approved the conveyance, with title reverter provisions, of six (6) vacant parcels located in the Model City Homeownership Zone to Palmetto Homes of Miami, Inc. ("Palmetto Homes") for the development of eight (6) single family homes; and Pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City Commission approved the conveyance, with title reverter provisions, of eleven parcels of City owned land directly to developers for the construction of affordable housing, with five (5) of the eleven parcels to be conveyed to Palmetto Homes for the new construction of affordable single family homes; and Due to delays in obtaining permits from the Department of Water and Sewer and the Department of Environmental Resource Management, construction an the following property conveyed to Palmetto Homes pursuant to Resolution 04-0358 has not been completed as required by the Quit Claim Deed from the City, dated June 22, 2005: 5812 N.W. 16 Avenue; and Due to delays in obtaining permits from the Department of Water and Sewer and the Department of Environmental Resource Management, construction on the following two (2) properties conveyed to Palmetto Homes pursuant to Resolution 05-0357 has not commenced as required by the Corrective Quit Claim Deeds from the City, dated as of September 30, 2005 and November 15, 2005: 1468 N.W. 61 Street and 1466 N.W. 61 Street; artd The Administration recommends granting to Palmetto Homes an extension until December 31, 20071o: (1) complete construction of, and sell, the horne located at 5812 N,W. 15 Avenue. Miami, Florida, and (2) commence construction on the properties located.at 1468 N,W, 61 Street and 1468 N.W. 81 Street, Miami, Florida. ZZ/E121 390d a MOD IWVIW dO A.LID 960Z9I1a90E btu ;9I LOOZ/9ZIti0